5 Bitcoin (BTC) websites that keep you on top of things – Axtschmiede
One of Bitcoin’s value proposition is transparency, which stands in the way of the opaque financial sector. If you really want to know what’s going on under the hood of the # 1 cryptocurrency, you just have to look. We have selected 5 websites that help Bitcoin (BTC)ers to keep an overview.
The Clark Moody Bitcoin dashboard is a treasure trove. From market capitalization to hash rate and difficulty to lightning capacity, the data nerd will find everything their hearts desire. Of course, if you run a full node yourself, you don’t have to use data from third parties like Clark Moody, but can read network statistics independently. For everyone else, the founder of Picks and Shovels, a crypto portfolio manager for institutional investors, offers the ideal overview page for all data relating to Bitcoin.
Who would have thought that over 21 percent of all UTXOs in the Bitcoin UTXO Set had not been moved for at least five years? Those who recently took a look at Hodlwavehave thrown for example. Because the website only has the function of displaying the “UTXO Age Distribution”, ie the time distribution, how long which share of BTC has not changed address. At its core, the chart is another indication of the value storage theory that many Bitcoin (BTC)ers attach. After all, more than half of all UTXOs on the network have been idle for at least six months. A large proportion of the investors are therefore part of the Hodler warehouse. The proportion of long-term holders is also growing: over 40 percent of BTC has been staying at the same address for at least 18 months.
As the name suggests, UTXO Stats also deals with a visualization of the Bitcoin UTXO set. However, unlike Hodlwave, the focus is not on the time distribution of the BTC that is ready for output, but on the number of UTXOs in the respective block and the BTC sent with it. While around the end of 2017 there was a clear increase in UTXOs per block, it became rather thin in the crypto winter 2018. In the meantime, the Bitcoin (BTC)ers’ willingness to trade is increasing again — not difficult to see from the intensification of color in the left column. It’s worth taking a look at utxo-stats.com .
At its core, Useful Tulips only measures the transaction volume of the peer-to-peer exchange LocalBitcoins. But according to the author, the data scientist Matt Ahlborg has a clear picture: In many regions of the world, Bitcoin is less an object of speculation than a more tangible economic necessity. According to this, the trading volume of LocalBitcoins is large, especially in times of geopolitical upheavals.
Bitcoin activity on the platform focused on certain geopolitical and socio-economic realities, and this benefit, not speculation, was probably the driving force
said the author in an article on medium.
So if you also think that Bitcoin is more than just a new tulip mania, you can search for useful arguments on Useful Tulips.
The Hodler of the world knows: it is not the annual highs that paint a resilient picture of the status quo of cryptocurrency №1, but the annual lows. The Bitcoin Never Look Back Price hits a similar notch. This is basically a chart that illustrates Bitcoin price levels that — once exceeded — will never be undercut again. Such an underbody is around $ 6,613 — exactly the bottom of the past mini-dip. Ultimately, the never-look-back course illustrates the highly volatile, but still increasing nature of the Bitcoin course.
Published at Sun, 16 Feb 2020 09:20:56 +0000
