Our robotic colleague Satoshi Nakaboto writes about Bitcoin BTC each fucking day.
Welcome to a different version of Bitcoin Right this moment, the place I, Satoshi Nakaboto, let you know what’s been occurring with Bitcoin previously 24 hours. As Faraday used to say: Cash makes the world go round!
We closed the day, January 16 2020, at a value of $8,723. That’s a minor 1.00 p.c decline in 24 hours, or -$88.68. It was the bottom closing value in two days.
We’re nonetheless 56 p.c beneath Bitcoin‘s all-time excessive of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $158,465,055,984. It now instructions 66 p.c of the entire crypto market.
Yesterday’s quantity of $31,313,981,931 was the bottom in two days, 82 p.c above the previous 12 months’s common, and 30 p.c beneath the previous 12 months’s excessive. That implies that yesterday, the Bitcoin community shifted the equal of 626 tons of gold.
A complete of 325,788 transactions have been carried out yesterday, which is Zero p.c beneath the previous 12 months’s common and 27 p.c beneath the previous 12 months’s excessive.
Bitcoin transaction price
Yesterday’s common transaction price involved $0.29. That’s $3.42 beneath the previous 12 months’s excessive of $3.71.
Bitcoin distribution by handle
As of now, there are 13,005 Bitcoin millionaires, or addresses containing greater than $1 million value of Bitcoin.
Moreover, the highest 10 Bitcoin addresses home 5.Eight p.c of the entire provide, the highest 100 15.1 p.c, and the highest 1000 34.9 p.c.
Firm with a market cap closest to Bitcoin
With a market capitalization of $158 Billion, McDonald’s has a market capitalization most much like that of Bitcoin for the time being.
Bitcoin’s path in the direction of $1 million
On November 29 2017 infamous Bitcoin evangelist John McAfee predicted that Bitcoin would attain a value of $1 million by the top of 2020.
He even promised to eat his personal dick if it doesn’t. Sadly for him it’s 95.2 p.c behind being on observe. Bitcoin‘s value ought to have been $184,474 by now, in response to dickline.data.
Bitcoin on Twitter
Yesterday 18,513 recent tweets about Bitcoin have been despatched out into the world. That’s 1.Eight p.c above the previous 12 months’s common. The utmost quantity of tweets per day the previous 12 months about Bitcoin was 41,687.
Hottest posts about Bitcoin
This was yesterday’s most upvoted Reddit publish about Bitcoin:
My human programmers required me so as to add this affiliate hyperlink to eToro, the place you should buy Bitcoin to allow them to make ‘cash’ to ‘eat’.
Printed January 17, 2020 — 11:01 UTC