Bitcoin Marketcap
$1.20T
Gold Marketcap
$14.48T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN
making the case for bitcoin every day
SEARCHKEY MARKETS
24hr change
BITCOIN STATS
Bitcoin Marketcap
$1.20T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$28.41B
Active Addresses
1.02M
Mining Reward Value (24hr)
$58.3M
GBTC Premium
293.41%
MSTR Premium
70.67%
BTC Down From ATH
13.72%
BTC Up From Cycle Low
6.40%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
12.03x
-0.64
-5.03%
M2:BTC (marketcap)
17.27x
-0.92
-5.07%
BTC:Oil (price)
775.17x
+54.74
+7.60%
Gold:Oil (price)
29.03x
+0.65
+2.29%
US GOVERNMENT STATS
30-day change
BTC ROI
Bitcoin & Traditional Assets ROI (vs USD)
BTC vs Traditional Assets ROI:
Bitcoin
Gold
S&P 500
1 year:
+119%
+19%
+22%
2 year:
+54%
+22%
+13%
3 year:
+14%
+34%
+22%
4 year:
+811%
+41%
+78%
5 year:
+1,099%
+87%
+74%
6 year:
+643%
+78%
+88%
7 year:
+5,125%
+85%
+114%
8 year:
+14,181%
+91%
+140%
9 year:
+27,018%
+99%
+140%
10 year:
+12,702%
+85%
+169%
11 year:
+51,769%
+68%
+223%
12 year:
+1.2 million%
+45%
+267%
13 year:
+4.9 million%
+58%
+277%
14 year:
+2.1 billion%
+108%
+315%
https://casebitcoin.com
Data Source: Messari.io, bitcoincharts.com
What is it: This shows bitcoin's ROI vs other potential inflation hedge assets.
Why it matters: As with the historical bitcoin price table, we see bitcoin's extreme outperformance vs other assets here as well. Bitcoin's relatively small size, plus fundamental properties, yield extreme outperformance when even relatively small funds-flows find their way to BTC.
BTC DAYS ABOVE PRICE
Bitcoin Price Closing History by Level
Days Bitcoin Closed Above:
Price
Days Above
% of Bitcoin's Life
$70,000
10
0.18%
$63,680
50
0.90%
$60,000
90
1.61%
$50,000
209
3.74%
$40,000
460
8.24%
$30,000
705
12.63%
Data Sources: Messari.io, bitcoincharts.com
What is it: This the number of days in which bitcoin "closed" (trading level at midnight UTC) above various price levels.
Why it matters: This can give a sense of where bitcoin is currently trading relative to past cycles.
SHARPE 5yr
DOUBLING TIME
THE BITCOIN LIBRARY
15 Aug 2004 | | Price when published: (n/a)
RPOW - Reusable Proofs of Work
Hal Finney's RPOW system is an interesting pre-cursor to bitcoin. It solved the double-spending problem by using servers with hardware that cryptographically verifies the code that's running (allowing anyone to verify that the server is doing what it says it's doing). This prevents tampering with coins, thus, in theory, allowing users to "trust" the server.
This was a noteworthy advance in the ~25yr search for viable decentralized money, but still did not solve the issue of fairly creating and distributing the initial supply of coins. That would have to wait until Satoshi Nakamoto (note that Mr. Finney is an often-cited "satoshi candidate") put all the pieces together in the bitcoin whitepaper 4 years later.
EXCERPT
Normally POW tokens can't be reused because that would allow them to be double-spent. But RPOW allows for a limited form of reuse: sequential reuse. This lets a POW token be used once, then exchanged for a new one, which can again be used once, then once more exchanged, etc. This approach makes POW tokens more practical for many purposes and allows the effective cost of a POW token to be raised while still allowing systems to use them effectively.
This is useful functionality, but the unique feature of the RPOW system is its approach to security. RPOW is the first public implementation of a server designed to allow users throughout the world to verify its correctness and integrity in real time.
Read in Full
What do you think of this piece?