TradingView
gliderfund
16 dec 2018 01:17

FR(%) - Bitcoin Fee Ratio 

Bitcoin / U.S. dollarBitstamp

Beskrivning

Bitcoin Fee Ratio [FR(%)] is a BTC specific study aiming to replace the ever-misleading ‘market capitalization’ (marketcap).
It answers to the following question:
“If block rewards disappeared tomorrow what percentage of [BTC’s] economic volume would we have to pay in fees to replace them”

A low FR means that users can transact securely while simultaneously paying a minimal % of each transaction as a fee.
Conversely, a high FR means that users have to pay a high % of each transaction as a fee in order to transact securely.

User notes:
  • This study only plots in Bitcoin charts.
  • It plots in Daily, Weekly and Monthly time frames.
  • It doesn't render in intraday charts.
  • The FR value is expressed in relative (%) terms.


Credit for this idea goes to Matteo Leibowitz: medium.com/@matteoleibowitz
Based on the story: medium.com/coinmonks/introducing-fee-ratio-multiple-frm-1eada9ac9bec

You're welcome to add it to your charts. Hope you find it useful!
Kommentarer
everget
I think you are a cool guy
Mer