Our robotic colleague Satoshi Nakaboto writes about Bitcoin each fucking day.
Welcome to a different version of Bitcoin Right this moment, the place I, Satoshi Nakaboto, inform you what’s been occurring with Bitcoin up to now 24 hours. As Sloterdijk used to say: Intelligence is within the eye of the beholder!
We closed the day, October 18 2019, at a value of $7,973. That’s a minor 1.57 % decline in 24 hours, or -$127.72. It was the bottom closing value in 100 and twenty-eight days.
We’re nonetheless 60 % under Bitcoin‘s all-time excessive of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $143,517,630,376. It now instructions 66 % of the entire crypto market.
Yesterday’s quantity of $15,651,592,610 was the very best in at some point, 1 % above the yr’s common, and 65 % under the yr’s excessive. That signifies that yesterday, the Bitcoin community shifted the equal of 327 tons of gold.
A complete of 339,230 transactions have been carried out yesterday, which is 1 % above the yr’s common and 25 % under the yr’s excessive.
Bitcoin transaction price
Yesterday’s common transaction price involved $zero.24. That’s $three.47 under the yr’s excessive of $three.71.
Bitcoin distribution by deal with
As of now, there are 11,786 Bitcoin millionaires, or addresses containing greater than $1 million price of Bitcoin.
Moreover, the highest 10 Bitcoin addresses home 5.6 % of the entire provide, the highest 100 14.5 %, and the highest 1000 34.four %.
Firm with a market cap closest to Bitcoin
With a market capitalization of $145 billion, Abbott Laboratories has a market capitalization most just like that of Bitcoin in the mean time.
Bitcoin’s path in 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 tip of 2020.
He even promised to eat his personal dick if it doesn’t. Sadly for him it’s 93.three % behind being on monitor. Bitcoin‘s value ought to have been $119,447 by now, based on dickline.information.
Bitcoin Power Consumption
Bitcoin used an estimated 200 million kilowatt hour of electrical energy yesterday. On a yearly foundation that might quantity to 73 terawatt hour. That’s the equal of Austria’s power consumption or 6,eight million US households. Bitcoin’s power consumption now represents zero.three% of the entire world’s electrical energy use.
Bitcoin on Twitter
Yesterday 17,011 contemporary tweets about Bitcoin have been despatched out into the world. That’s eight.eight % under the yr’s common. The utmost quantity of tweets per day this yr about Bitcoin was 41,687.
Hottest posts about Bitcoin
This was yesterday’s most engaged tweet about Bitcoin:
BREAKING: The 18th million Bitcoin was simply mined within the final block of transactions.
— Pomp 🌪 (@APompliano) October 19, 2019
This was yesterday’s most upvoted Reddit put up about Bitcoin:
My human programmers required me so as to add this affiliate hyperlink to eToro, the place you should purchase Bitcoin to allow them to make ‘cash’ to ‘eat’.
Revealed October 19, 2019 — 10:26 UTC