Bitcoin Marketcap

$1.21T

Gold Marketcap

$14.54T

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

$63,874  πŸ“‰

-$444.7

-0.69%


S&P 500

4,957  πŸ“‰

-45.87

-0.92%


Gold

$2,392  πŸ“ˆ

+$9.37

+0.39%


Silver

$28.69  πŸ“ˆ

+$0.38

+1.35%


Euro

$1.0667  πŸ“ˆ

+$0.00

+0.21%


Yen

Β₯154.63  πŸ“ˆ

+Β₯0.20

+0.13%


Renminbi (CNY)

Β₯7.2398   

-Β₯0

-0.02%


Oil (WTI)

$82.84  πŸ“ˆ

+$0.12

+0.15%


BITCOIN STATS

Bitcoin Marketcap

$1.21T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$22.33B


Active Addresses

1.02M


Mining Reward Value (24hr)

$58.4M


GBTC Premium

293.41%


MSTR Premium

57.39%


BTC Down From ATH

13.39%


BTC Up From Cycle Low

7.11%


RATES & YIELDS

24hr change

UST 3mo

5.46%  πŸ“ˆ

+0.01

+0.18%


UST 2yr

4.93%  πŸ“‰

-0.04

-0.8%


UST 10yr

4.59%  πŸ“‰

-0.08

-1.71%


UST 30yr

4.71%  πŸ“‰

-0.06

-1.26%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.41%  πŸ“ˆ

+0.01

+0.42%


Real Rate (10yr)

2.19%  πŸ“‰

-0.09

-3.95%


RATIOS

24hr change

Gold:BTC (marketcap)

12.04x   

+0.13

+1.13%


M2:BTC (marketcap)

17.21x   

+0.11

+0.67%


BTC:Oil (price)

771.05x   

-6.49

-0.84%


Gold:Oil (price)

28.87x   

+0.09

+0.31%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.41T  πŸ“‰

 

-1.45%


M1 Money Supply

$17.94T  πŸ“‰

 

-0.25%


M2 Money Supply

$20.78T  πŸ“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:

+130%

+20%

+20%

2 year:

+60%

+26%

+12%

3 year:

+21%

+34%

+19%

4 year:

+835%

+39%

+77%

5 year:

+1,095%

+88%

+71%

6 year:

+622%

+80%

+85%

7 year:

+5,075%

+86%

+109%

8 year:

+14,135%

+93%

+137%

9 year:

+27,176%

+102%

+135%

10 year:

+12,775%

+86%

+164%

11 year:

+42,964%

+69%

+214%

12 year:

+1.3 million%

+46%

+261%

13 year:

+4.0 million%

+59%

+271%

14 year:

+2.1 billion%

+108%

+308%

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%

$63,873

48

0.86%

$60,000

92

1.65%

$50,000

211

3.78%

$40,000

462

8.27%

$30,000

707

12.66%

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

23 May 2013 | Erik Voorhees | Price when published: $121.15 (ROI since: +52,625%)

The Role of Bitcoin as Money

Filed under: topic icon macro  medium icon articles

This is a transcript from a talk Erik gave at the 2013 Bitcoin Conference in San Jose, CA. This remains a solid introduction to the global ramifications of Bitcoin, without getting bogged down in technical details.

EXCERPT

For this talk, Forget the tech. Forget the mining. Forget the cryptography and the peer to peer networks and the open source code. All of these things are secondary to an understanding of money itself. The core of the Bitcoin experiment is not about tech at all, it’s about money.
...
Bitcoin, like gold, has properties that make it an excellent form of money. However, unlike gold, Bitcoin can actually be used in our modern economy for day to day exchange.

Unlike gold, Bitcoin, as an asset with no counter-party risk, can be transferred to anyone on the planet in one second. It is super hero currency. And nobody’s permission is needed. There are no terms of service.


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