Bitcoin Marketcap

$1.19T

Gold Marketcap

$12.46T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$62,856  πŸ“ˆ

+$2,362

+3.90%


S&P 500

5,092  πŸ“ˆ

+25.64

+0.51%


Gold

$2,049  πŸ“ˆ

+$16.41

+0.81%


Silver

$22.76  πŸ“ˆ

+$0.27

+1.19%


Euro

$1.0847  πŸ“ˆ

+$0.00

+0.22%


Yen

Β₯149.62  πŸ“‰

-Β₯1.12

-0.74%


Renminbi (CNY)

Β₯7.1896   

-Β₯0.01

-0.12%


Oil (WTI)

$78.57  πŸ“‰

-$0.86

-1.08%


BITCOIN STATS

Bitcoin Marketcap

$1.19T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$73.72B


Active Addresses

1.02M


Mining Reward Value (24hr)

$57.9M


GBTC Premium

194.02%


MSTR Premium

37.57%


BTC Down From ATH

8.12%


BTC Up From Cycle Low

303.57%


RATES & YIELDS

24hr change

UST 3mo

5.45%  πŸ“‰

-0.02

-0.37%


UST 2yr

4.69%  πŸ“ˆ

+0.02

+0.43%


UST 10yr

4.28%  πŸ“ˆ

+0.02

+0.47%


UST 30yr

4.40%  πŸ“ˆ

+0.03

+0.69%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.33%  πŸ“ˆ

+0.01

+0.43%


Real Rate (10yr)

1.96%  πŸ“ˆ

+0.01

+0.51%


RATIOS

24hr change

Gold:BTC (marketcap)

10.47x   

-0.35

-3.26%


M2:BTC (marketcap)

17.47x   

-0.81

-4.44%


BTC:Oil (price)

800.00x   

+39.60

+5.21%


Gold:Oil (price)

26.08x   

+0.49

+1.91%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.58T  πŸ“‰

 

-1.24%


M1 Money Supply

$17.99T  πŸ“‰

 

-0.62%


M2 Money Supply

$20.78T  πŸ“‰

 

-0.4%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+167%

+12%

+28%

2 year:

+42%

+6%

+17%

3 year:

+33%

+18%

+31%

4 year:

+622%

+29%

+68%

5 year:

+1,556%

+57%

+81%

6 year:

+460%

+55%

+90%

7 year:

+4,847%

+67%

+113%

8 year:

+14,614%

+66%

+156%

9 year:

+22,690%

+70%

+142%

10 year:

+10,052%

+52%

+172%

11 year:

+177,342%

+30%

+235%

12 year:

+1.3 million%

+19%

+272%

13 year:

+6.9 million%

+43%

+287%

14 year:

+2.1 billion%

+81%

+350%

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

0

0

$62,930

17

0.31%

$60,000

41

0.74%

$50,000

160

2.89%

$40,000

411

7.43%

$30,000

656

11.85%

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

2 Mar 2018 | Vijay Boyapati | Price when published: $10,969 (ROI since: +474%)

The Bullish Case for Bitcoin

Filed under: topic icon fundamentals  medium icon blogs

Vijay lays out the case for bitcoin from a fundamentals perspective, detailing bitcoin's core properties, monetary history, the involvement of nation states, and a comprehensive discussion of the best cases *against* his arguments. A must read.

EXCERPT

Bitcoin is an incipient money that is transitioning from the collectible stage of monetization to becoming a store of value. As a non-sovereign monetary good, it is possible that at some stage in the future Bitcoin will become a global money much like gold during the classical gold standard of the 19th century.


Read in Full

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