Supply in profit

the share of all coins worth more than they cost

A high value means nearly every coin in existence is worth more than it last cost someone; a low value means a large share of all coins are held at a loss.

DefinitionShare of circulating supply whose cost basis is below the current price, from a 1,024-bin cost-basis histogram folded block by block.

LimitCoins mined before a market price existed (before 17 July 2010) carry a cost basis of zero, so they count as in profit forever. The measure also crowds against its own ceiling near tops, where it can only move between about 95% and 100%.

Unitshare