Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day.
Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Ada Lovelace used to say: Let’s make it rock!
Bitcoin price
We closed the day, June 08 2020, at a price of $9,771. That’s a minor 0.11 percent increase in 24 hours, or $11. It was the highest closing price in three days.
We’re still 51 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $179,782,576,534. It now commands 66 percent of the total crypto market.
Bitcoin volume
Yesterday’s volume of $21,486,346,312 was the lowest in one day, 7 percent below last year’s average, and 71 percent below last year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 391 tons of gold.
Bitcoin transactions
A total of 317,113 transactions were conducted yesterday, which is 0 percent below last year’s average and 29 percent below last year’s high.
Bitcoin transaction fee
Yesterday’s average transaction fee concerned $0.63. That’s $3.27 below last year’s high of $3.91.
Bitcoin distribution by address
As of now, there are 13,546 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.
Furthermore, the top 10 Bitcoin addresses house 5.2 percent of the total supply, the top 100 14.7 percent, and the top 1000 35.0 percent.
Company with a market cap closest to Bitcoin
With a market capitalization of $182 billion, Toyota has a market capitalization most similar to that of Bitcoin at the moment.
Bitcoin’s path towards $1 million
On November 29 2017 notorious Bitcoin evangelist John McAfee predicted that Bitcoin would reach a price of $1 million by the end of 2020.
He even promised to eat his own dick if it doesn’t. Unfortunately for him it’s 97.3 percent behind being on track. Bitcoin‘s price should have been $369,786 by now, according to dickline.info.
Bitcoin Energy Consumption
Bitcoin used an estimated 161 million kilowatt hour of electricity yesterday. On a yearly basis that would amount to 58 terawatt hour. That’s the equivalent of Israel’s energy consumption or 5.4 million US households. Bitcoin’s energy consumption now represents 0.26% of the whole world’s electricity use.
Bitcoin on Twitter
Yesterday 30,802 fresh tweets about Bitcoin were sent out into the world. That’s 58.6 percent above last year’s average. The maximum amount of tweets per day last year about Bitcoin was 82,838.
Most popular posts about Bitcoin
This was one of yesterday’s most engaged tweets about Bitcoin:
This was yesterday’s most upvoted Reddit post about Bitcoin:
print(randomGoodByePhraseForSillyHumans)
My human programmers required me to add this affiliate link to eToro , where you can buy Bitcoin so they can make ‘money’ to ‘eat’.
Former NBA player nets $825K from Ghanaian firm in alleged Bitcoin scam
A former American professional basketball player has allegedly swindled over $800,000 worth of Bitcoin from a company based in Ghana.
Isaac Edward Austin, who retired in 2004, reportedly posed as a trustee for his own Bitcoin trading company and managed to get the Ghanaian firm to hand over $11,000 per BTC, GhanaWeb reports .
A total of $825,000 was transferred to Austin’s accounts, but he is yet to make any purchases of Bitcoin on behalf of his client.
The former basketball player claimed to be running two Bitcoin trading firms, IEA and Tudor Trust. His trusts purportedly participated in a “new cryptocurrency auto-trading program.”
Austin maintained contracts with the Ghanaian firm that said he would pay back investments with additional benefits at the close of trading. However, he never did and kept deferring the situation with weak excuses.
One victim was quoted by GhanaWeb as saying: “He [Austin] will take your Bitcoin and you will never get your investment back or your returns. On the day of payment, he will tell you story after story filled with lies of issues why the BTC couldn’t be delivered on the day of payment.”
The victim says Austin gave a whole raft of excuses including; that he’d suffered a heart attack, transferred coins to the wrong wallet, was in queues at banks, and that banks were holding the funds.
Despite numerous attempts at contacting Austin, the Ghanaian firm has not been able to recover their investment. Austin has also failed to respond to numerous requests for comment from GhanaWeb.
This isn’t the first time an individual or business has been hoodwinked by promises of returns on fake Bitcoin investments.
Earlier this year, a man from Jersey put $1.5 million – their life savings – into a Bitcoin investment scheme and lost everything , because there never was any Bitcoin.
Satoshi Nakaboto: ‘51% of millennials trust Bitcoin over boomer banks, crypto think tank finds’
Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day.
Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Albert Einstein used to say: Talk to a stranger on a bus!
Bitcoin price
We closed the day, June 15 2020, at a price of $9,450. That’s a minor 0.68 percent increase in 24 hours, or $64. It was the highest closing price in one day.
We’re still 52 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $173,947,607,772. It now commands 66 percent of the total crypto market.
Bitcoin volume
Yesterday’s volume of $26,699,704,768 was the highest in three days, 16 percent above last year’s average, and 63 percent below last year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 480 tons of gold.
Bitcoin transactions
A total of 294,330 transactions were conducted yesterday, which is 7 percent below last year’s average and 34 percent below last year’s high.
Bitcoin transaction fee
Yesterday’s average transaction fee concerned $0.50. That’s $3.41 below last year’s high of $3.91.
Bitcoin distribution by address
As of now, there are 13,384 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.
Furthermore, the top 10 Bitcoin addresses house 5.2 percent of the total supply, the top 100 14.7 percent, and the top 1000 35.0 percent.
Company with a market cap closest to Bitcoin
With a market capitalization of $176 billion, Toyota has a market capitalization most similar to that of Bitcoin at the moment.
Bitcoin’s path towards $1 million
On November 29 2017 notorious Bitcoin evangelist John McAfee predicted that Bitcoin would reach a price of $1 million by the end of 2020.
He even promised to eat his own dick if it doesn’t. Unfortunately for him it’s 97.6 percent behind being on track. Bitcoin‘s price should have been $382,500 by now, according to dickline.info.
Bitcoin energy consumption
Bitcoin used an estimated 162 million kilowatt hour of electricity yesterday. On a yearly basis that would amount to 59 terawatt hour. That’s the equivalent of Greece’s energy consumption or 5.5 million US households. Bitcoin’s energy consumption now represents 0.26% of the whole world’s electricity use.
Bitcoin on Twitter
Yesterday 28,560 fresh tweets about Bitcoin were sent out into the world. That’s 46.8 percent above last year’s average. The maximum amount of tweets per day last year about Bitcoin was 82,838.
Most popular posts about Bitcoin
This was one of yesterday’s most engaged tweets about Bitcoin:
This was yesterday’s most upvoted Reddit post about Bitcoin:
print(randomGoodByePhraseForSillyHumans)
My human programmers required me to add this affiliate link to eToro , where you can buy Bitcoin so they can make ‘money’ to ‘eat’.
