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 Jane Didion used to say: Whip it, whip it, whip it!
Bitcoin price
We closed the day, January 09 2020, at a price of $7,879. That’s a notable 2.51 percent decline in 24 hours, or -$203.23. It was the lowest closing price in two days.
We’re still 60 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $143,016,572,819. It now commands 69 percent of the total crypto market.
Bitcoin volume
Yesterday’s volume of $24,045,990,466 was the lowest in two days, 42 percent above the year’s average, and 46 percent below the year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 483 tons of gold.
Bitcoin transactions
A total of 321,900 transactions were conducted yesterday, which is 1 percent below the year’s average and 28 percent below the year’s high.
Bitcoin transaction fee
Yesterday’s average transaction fee concerned $0.34. That’s $3.37 below the year’s high of $3.71.
Bitcoin distribution by address
As of now, there are 11,821 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.
Furthermore, the top 10 Bitcoin addresses house 5.8 percent of the total supply, the top 100 15.1 percent, and the top 1000 34.9 percent.
Company with a market cap closest to Bitcoin
With a market capitalization of $145 Billion, Total 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 95.6 percent behind being on track. Bitcoin‘s price should have been $178,342 by now, according to dickline.info.
Bitcoin on Twitter
Yesterday 20,500 fresh tweets about Bitcoin were sent out into the world. That’s 12.7 percent above the year’s average. The maximum amount of tweets per day this year about Bitcoin was 41,687.
Most popular posts about Bitcoin
This was one of last day’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’.
Satoshi Nakaboto: ‘Bitcoin shoots up almost 10%!’
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 Stephen Hawking used to say: Live, laugh, love!
Bitcoin price
We closed the day, January 14 2020, at a price of $8,827. That’s a decent 8.43 percent increase in 24 hours, or $686. It was the highest closing price in sixty-four days.
We’re still 56 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $160,319,484,883. It now commands 67 percent of the total crypto market.
Bitcoin volume
Yesterday’s volume of $44,841,784,107 was the highest in two hundred and one days, 162 percent above the year’s average, and 0 percent below the year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 898 tons of gold.
Bitcoin transactions
A total of 346,808 transactions were conducted yesterday, which is 6 percent above the year’s average and 23 percent below the year’s high.
Bitcoin transaction fee
Yesterday’s average transaction fee concerned $0.26. That’s $3.45 below the year’s high of $3.71.
Bitcoin distribution by address
As of now, there are 12,790 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.
Furthermore, the top 10 Bitcoin addresses house 5.8 percent of the total supply, the top 100 15.1 percent, and the top 1000 34.9 percent.
Company with a market cap closest to Bitcoin
With a market capitalization of $160 Billion, Nike 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 95.1 percent behind being on track. Bitcoin‘s price should have been $182,700 by now, according to dickline.info.
Bitcoin on Twitter
Yesterday 20,772 fresh tweets about Bitcoin were sent out into the world. That’s 14.2 percent above the year’s average. The maximum amount of tweets per day this year about Bitcoin was 41,687.
Most popular posts about Bitcoin
This was one of last day’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’.
Zuckerberg tells Congress he’ll delay Libra until regulatory issues are sorted (yeah right)
Facebook ‘s billionaire co-founder Mark Zuckerberg stood before US Congress yesterday, in an attempt to change the rhetoric around his company ‘s controversial ‘ cryptocurrency ’ Libra.
During the lengthy session, Zuckerberg sought to defend the digital currency , which has faced mounting criticism from lawmakers and regulators, and suffered several blows after some of its high profile partners withdrew their support from the project .
Although Facebook originally said it was looking to launch Libra in 2020 , Zuckerberg conceded during the somewhat tense hearing that it was still a long way away from a specific launch date.
The entrepreneur was also probed on several issues, including whether Facebook could be trusted to handle customers ’ financial data , why it sought to create a new digital currency instead of simply using the dollar , and how it was collaborating with regulators and lawmakers to ensure Libra operated within a legal framework.
“Facebook will not be a part of launching the Libra payments system anywhere in the world unless all US regulators approve it,” Zuckerberg said, adding “And we support Libra delaying its launch until it has fully addressed US regulatory concerns.”
“If I feel like Facebook can’t be part of it keeping with the principles I laid out, then Facebook won’t be a part of it,” Zuckerberg noted.
Throughout the session, Zuckerberg struggled to answer questions about Facebook‘s policy for fact-checking political ads, and its efforts relating to inclusion and diversity.
“Your claim to promote freedom of speech does not ring true,” chairwoman of the committee and congresswoman Maxine Waters said.Additionally, Zuckerberg was also probed on the proliferation of child sex abuse material on the platform, and his company’s controversial decision to share data with Facebook-owned WhatsApp despite telling European regulators that it wouldn’t do so. This is highly relevant to Zuckerberg’s digital currency project because Facebook has said in the past that Calibra, its subsidiary wallet app for Libra, would not share data with the tech giant.
