Bitcoin Marketcap

$1.25T

Gold Marketcap

$14.06T

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

$66,032  ๐Ÿ“ˆ

+$160.02

+0.24%


S&P 500

5,005  ๐Ÿ“ˆ

+47.67

+0.96%


Gold

$2,312  ๐Ÿ“‰

-$33.49

-1.43%


Silver

$26.97  ๐Ÿ“‰

-$0.64

-2.3%


Euro

$1.0672  ๐Ÿ“ˆ

+$0.00

+0.29%


Yen

ยฅ154.81  ๐Ÿ“ˆ

+ยฅ0.08

+0.05%


Renminbi (CNY)

ยฅ7.2466   

+ยฅ0.00

+0.04%


Oil (WTI)

$81.13  ๐Ÿ“‰

-$0.3

-0.37%


BITCOIN STATS

Bitcoin Marketcap

$1.25T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$17.15B


Active Addresses

1.02M


Mining Reward Value (24hr)

$60.5M


GBTC Premium

263.07%


MSTR Premium

70.42%


BTC Down From ATH

10.54%


BTC Up From Cycle Low

10.62%


RATES & YIELDS

24hr change

UST 3mo

5.45%  ๐Ÿ“‰

-0.01

-0.18%


UST 2yr

4.98%  ๐Ÿ“ˆ

+0.05

+1.01%


UST 10yr

4.64%  ๐Ÿ“ˆ

+0.05

+1.09%


UST 30yr

4.74%  ๐Ÿ“ˆ

+0.03

+0.64%


Fed Funds (EFFR)

5.33%  ๐Ÿ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.41%  ๐Ÿ“ˆ

+0

0%


Real Rate (10yr)

2.23%  ๐Ÿ“ˆ

+0.05

+2.29%


RATIOS

24hr change

Gold:BTC (marketcap)

11.28x   

-0.17

-1.45%


M2:BTC (marketcap)

16.67x   

-0

-0.01%


BTC:Oil (price)

812.71x   

+3.18

+0.39%


Gold:Oil (price)

28.50x   

-0.31

-1.06%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.41T  ๐Ÿ“‰

 

-1.45%


M1 Money Supply

$17.94T  ๐Ÿ“‰

 

-0.25%


M2 Money Supply

$20.78T  ๐Ÿ“ˆ

+$1.80B

+0.01%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+140%

+16%

+21%

2 year:

+68%

+21%

+17%

3 year:

+30%

+30%

+20%

4 year:

+777%

+32%

+77%

5 year:

+1,184%

+79%

+71%

6 year:

+630%

+74%

+90%

7 year:

+5,131%

+82%

+110%

8 year:

+14,085%

+85%

+140%

9 year:

+29,545%

+93%

+137%

10 year:

+14,615%

+78%

+168%

11 year:

+47,024%

+58%

+216%

12 year:

+1.3 million%

+39%

+259%

13 year:

+3.1 million%

+51%

+269%

14 year:

+2.2 billion%

+97%

+321%

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%

$65,935

37

0.66%

$60,000

95

1.70%

$50,000

214

3.83%

$40,000

465

8.32%

$30,000

710

12.71%

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 Nov 2012 | Tuur Demeester | Price when published: $11.09 (ROI since: +595,179%)

The Gloom of Central Banking

Filed under: topic icon fundamentals  medium icon reports

Topics include:

- Understanding central banker psychology
- The original function of central banking
- Defending the monopoly of fiat money
- Institutionalizing fractional reserve banking
- Institutionalizing seigniorage
- What keeps a central banker up at night
- Early reaction to online competition (1996)
- Current CB reaction to online competition (2012)
- What they are up against now (2): radically different solutions
- Bitcoin is not backed by fiat money or by physical commodities
- Clearing of bitcoins happens decentralized in a P2P network
- Bitcoin can operate independently from the banking system
- Bitcoin clearing is ultra fast and cheap
- Money supply is automatically limited by the Bitcoin protocol
- Complete discretion is possible
- De facto international, allowing for even more discretion
- What is the real currency war?

EXCERPT

With central banks around the globe well on the way of printing at least the present-day fiat currencies into oblivion, investors and fund managers likely do themselves a favor by keeping an eye on what is going on in the dynamic universe of decentralised cryptocurrency, whereโ€”at least for the momentโ€”Bitcoin is the most prominent game in town.


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