A common question amongst bitcoin investors is whether bitcoin on-chain analytics is legitimate or whether it is snake oil. Joining me to explore this as well as talk about some new research, is James Check, Lead Analyst of Glassnode. We talk about how the field progressed, and some insights to share on analyzing the bitcoin market:

History of on-chain analytics
Is it snake oil?
Liveliness
Impact of the ‘DCA Army’
Lost coins
Vaulted supply vs active supply
What does a bull market look like on chain?
Where are we now?

Links:

James Check on X
Glassnode cointime economics paper https://get.glassnode.com/cointime-economics/
Ark https://ark-invest.com/white-papers/cointime-economics

Previous episodes:

Sponsors:

Pacific Bitcoin Festival (code LIVERA)
CoinKite.com (code LIVERA)
Mempool.space

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SLP510 Is On-Chain Analytics Legit? Cointime Economics with James Check

Stephan Livera Podcast