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Nick Szabo: Long-Term Bitcoin Charts Inspire Optimism

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 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.

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