Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC each fucking day.
Welcome to a further adaptation of Bitcoin today, where I, Satoshi Nakaboto, inform you what’s been occurring with Bitcoin prior to now 24 hours. As Rousseau used to claim: Let’s get this bread!
We closed the day, October 11 2019, at a price of $eight,321. That’s a extraordinary 3.06 percentage decline in 24 hours, or -$263.5. It used to be the lowest closing fee in two days.
We’re still fifty eight percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $149,685,618,275. It now instructions 67 percentage of the whole crypto market.
the day prior to this’s volume of $19,604,381,101 was once the very best in fifteen days, 27 percent above the year’s average, and 56 percent under the 12 months’s excessive. That implies that the day before today, the Bitcoin network shifted the an identical of 410 tons of gold.
A complete of 345,269 transactions were performed the day before today, which is 2 percent above the yr’s normal and 23 percent under the year’s excessive.
Bitcoin transaction cost
the previous day’s common transaction cost involved $zero.26. That’s $three.45 beneath the year’s high of $3.Seventy one.
Bitcoin distribution via handle
As of now, there are 12,252 Bitcoin millionaires, or addresses containing more than $1 million valued at of Bitcoin.
Furthermore, the top 10 Bitcoin addresses house 5.6 percentage of the complete deliver, the top one hundred 14.5 percentage, and the top a thousand 34.Three percentage.
Enterprise with a market cap closest to Bitcoin
With a market capitalization of $149 billion, PetroChina has a market capitalization most similar to that of Bitcoin on the second.
Bitcoin’s path closer to $1 million
On November 29 2017 notorious Bitcoin evangelist John McAfee anticipated that Bitcoin would attain a price of $1 million by way of the end of 2020.
He even promised to consume his possess dick if it doesn’t. Regrettably for him it’s ninety two.8 percent in the back of being on monitor. Bitcoin‘s cost should were $one hundred fifteen,476 by using now, consistent with dickline.Information.
Bitcoin power Consumption
Bitcoin used an estimated 200 million kilowatt hour of electrical energy the day prior to this. On a every year groundwork that might amount to seventy three terawatt hour. That’s the identical of Austria’s vigor consumption or 6,eight million US households. Bitcoin’s power consumption now represents 0.Three% of the entire world’s electrical energy use.
Bitcoin on Twitter
the day prior to this sixteen,759 contemporary tweets about Bitcoin had been sent out into the sector. That’s 10.5 percentage under the yr’s normal. The highest amount of tweets per day this 12 months about Bitcoin used to be 41,687.
Most fashionable posts about Bitcoin
This was the previous day’s most engaged tweet about Bitcoin:
number of #Bitcoin addresses retaining greater than one thousand $BTC 👀 %twitter.Com/SGdBXrob5e
— glassnode (@glassnode) October eleven, 2019
This used to be the day gone by’s most upvoted Reddit submit about Bitcoin:
NON-SEIZABILITY OF BITCOIN VERY attractive FOR HONG KONG: POMPLIANO FROM R/BITCOIN
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Published October 12, 2019 — 10:25 UTC