Our robotic colleague Satoshi Nakaboto writes about Bitcoin BTC each fucking day.
Welcome to a different version of Bitcoin At present, the place I, Satoshi Nakaboto, let you know what’s been occurring with Bitcoin prior to now 24 hours. As Schopenhauer used to say: Bob’s your uncle!
We closed the day, October 12 2019, at a value of $eight,336. That’s a minor zero.25 p.c enhance in 24 hours, or $20. It was the best closing value in someday.
We’re nonetheless 58 p.c under Bitcoin‘s all-time excessive of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $149,965,767,624. It now instructions 67 p.c of the overall crypto market.
Yesterday’s quantity of $14,532,641,605 was the bottom in 5 days, 6 p.c under the yr’s common, and 67 p.c under the yr’s excessive. That signifies that yesterday, the Bitcoin community shifted the equal of 304 tons of gold.
A complete of 301,560 transactions have been performed yesterday, which is 10 p.c under the yr’s common and 33 p.c under the yr’s excessive.
Bitcoin transaction charge
Yesterday’s common transaction charge involved $zero.20. That’s $three.51 under the yr’s excessive of $three.71.
Bitcoin distribution by handle
As of now, there are 12,138 Bitcoin millionaires, or addresses containing greater than $1 million price of Bitcoin.
Moreover, the highest 10 Bitcoin addresses home 5.6 p.c of the overall provide, the highest 100 14.5 p.c, and the highest 1000 34.three p.c.
Firm with a market cap closest to Bitcoin
With a market capitalization of $150 billion, SAP has a market capitalization most much like that of Bitcoin in the intervening 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 top of 2020.
He even promised to eat his personal dick if it doesn’t. Sadly for him it’s 92.eight p.c behind being on observe. Bitcoin‘s value ought to have been $116,035 by now, in line with dickline.information.
Bitcoin Power Consumption
Bitcoin used an estimated 200 million kilowatt hour of electrical energy yesterday. On a yearly foundation that may 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 14,136 contemporary tweets about Bitcoin have been despatched out into the world. That’s 24.5 p.c 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:
Ten years in the past at this time, 5,050 btc have been bought for $5.02 within the first market transaction for bitcoin.Advertisement
At present, they’d be price $42,171,792.50.
An increase of 838,078,685%. https://t.co/yCvJ9TrrSn
— Saifedean Ammous (@saifedean) October 12, 2019Advertisement
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 purchase Bitcoin to allow them to make ‘cash’ to ‘eat’.
Printed October 13, 2019 — 10:42 UTC