Discover the intriguing world of Bitcoin's Liveliness and Vaultedness - metrics that measure the cryptocurrency's network activity and inactivity respectively. Understand the fascinating concept of 'coinblocks', representing a specific quantity of Bitcoin and its duration of immobility. Follow the journey as Liveliness ascends and Vaultedness descends until they intersect in 2014. Post 2017, witness Liveliness maintain dominance... until a trend reversal in June 2021. What does this shift imply about Bitcoin's evolving role in the financial landscape? What predictions can we make about its long-term potential...?
How Bitcoin’s liveliness and vaultedness show the switch to hodling How Bitcoin’s liveliness and vaultedness show the switch to hodling
Increasing vaultedness signals growing trust in Bitcoin's long-term value despite market volatility.
3 min read
Updated: Sep. 29, 2023 at 10:51 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
