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Long-term Bitcoin charts inspire optimism

UNITED STATES, WASHINGTON (OBSERVATORY) — According to the well-known cryptographer and creator of Bit Gold Nick Szabo, the indicators of realized capitalization and volatility indicate a strengthening of the position of bitcoin in the long term.

“The long-term chart reflects superior and deep reliability, global integrity and monetary stability of bitcoin”

According to Sabo’s observations, the volatility of the first cryptocurrency is gradually decreasing, and a steady growth is visible on the logarithmic chart of realized capitalization:

The realized capitalization rate was developed by Nick Carter, co-founder of Coinmetrics analytical service. It is based on the aggregation of UTXO [unspent transaction outputs] taking into account the BTC price at the last activity of the coins. At the same time, the indicator does not take into account bitcoins, which for a long time lie motionless and are probably lost forever.

Bitcoin’s realized capitalization is now above the $ 100 billion mark.

Recall, earlier Nick Szabo said that Bitcoin can survive even a nuclear war.


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