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FR(%) - Bitcoin Fee Ratio
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:
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!
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!
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I develop indicators meant to be useful, profitable and good looking.
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保護スクリプト
このスクリプトのソースコードは非公開で投稿されています。 無料かつ制限なしでご利用いただけます ― 詳細についてはこちらをご覧ください。
I develop indicators meant to be useful, profitable and good looking.
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。