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 Kant used to say: Your heart must go on!
Bitcoin price
We closed the day, December 19 2019, at a price of $7,202. That’s a minor 1.02 percent decline in 24 hours, or -$74.75. It was the lowest closing price in one day.
We’re still 64 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $130,445,758,713. It now commands 69 percent of the total crypto market.
Bitcoin volume
Yesterday’s volume of $25,904,604,416 was the lowest in one day, 56 percent above the year’s average, and 42 percent below the year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 545 tons of gold.
Bitcoin transactions
A total of 319,398 transactions were conducted yesterday, which is 2 percent below the year’s average and 29 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 11,152 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 15.2 percent, and the top 1000 34.9 percent.
Company with a market cap closest to Bitcoin
With a market capitalization of $131 Billion, ANHEUSER-BUSCH INBEV SA/NV ADR EAH REP 1 ORD NPV 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 95.5 percent behind being on track. Bitcoin‘s price should have been $161,142 by now, according to dickline.info.
Bitcoin on Twitter
Yesterday 21,588 fresh tweets about Bitcoin were sent out into the world. That’s 17.6 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: ‘Not Bitcoin, but oil fell to $0’
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 Plato used to say: Whip it, whip it, whip it!
Bitcoin price
We closed the day, April 20 2020, at a price of $6,881. That’s a notable 4.24 percent decline in 24 hours, or -$304.90. It was the lowest closing price in four days.
We’re still 65 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $126,192,239,912. It now commands 64 percent of the total crypto market.
Bitcoin volume
Yesterday’s volume of $37,747,113,936 was the highest in three days, 76 percent above the year’s average, and 49 percent below the year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 694 tons of gold.
Bitcoin transactions
A total of 310,649 transactions were conducted yesterday, which is 3 percent below the year’s average and 31 percent below the year’s high.
Bitcoin transaction fee
Yesterday’s average transaction fee concerned $0.21. That’s $3.50 below the year’s high of $3.71.
Bitcoin distribution by address
As of now, there are 10,756 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.
Furthermore, the top 10 Bitcoin addresses house 5.6 percent of the total supply, the top 100 14.9 percent, and the top 1000 35.1 percent.
Company with a market cap closest to Bitcoin
With a market capitalization of $124 billion, AbbVie 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 $291,864 by now, according to dickline.info.
Bitcoin Energy Consumption
Bitcoin used an estimated 205 million kilowatt hour of electricity yesterday. On a yearly basis that would amount to 75 terawatt hour. That’s the equivalent of Venezuela’s energy consumption or 6,9 million US households. Bitcoin’s energy consumption now represents 0.33% of the whole world’s electricity use.
Bitcoin on Twitter
Yesterday 34,822 fresh tweets about Bitcoin were sent out into the world. That’s 83.6 percent above the year’s average. The maximum amount of tweets per day this year about Bitcoin was 75,543.
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:
And this was yesterday’s top submission on Hacker News about Bitcoin:
[dupe] Bitcoin stealer infected 700 libraries of major programming language (decrypo)
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’.
So you received the Bitcoin ‘masturbation vid’ email — here’s what to do
Welcome to Hard Fork Basics, a collection of informative guides to keep you up to date with the personal finance and investment world. This one is Bitcoin-themed.
There’s a “sextortion” email scam going around that demands Bitcoin to keep steamy videos of you masturbating to pornography off the internet. It’s fake. Relax.
It’s also very old. While there are many variants, recent reports show an email that suggests a crafty hacker has “placed malware on the porn website” that you enjoy, which allowed them to record your screen and webcam feed.
The email then requests $1,900 worth of Bitcoin or else your Messenger, Facebook, and email contacts will receive a video of you jerking (or jilling) it, placed artfully alongside your kinky content of choice — a shoddy attempt at blackmail.
Bitcoin Sextortionists 2: Magic Pixel Evolved
It’s a preposterous premise, but the real hook is a recipients’ actual password, which is starred out in the screenshot below. Hard Fork reported on some of the first instances of the Bitcoin sextortion email in 2018.
Back then, fraudsters were warning their marks that a “magic pixel” had recorded their every move. More recently, emails have come with an embedded JPG image of the blackmail message in a bid to avoid spam detection.
Indeed, if you receive this email, it’s likely to reference a password that you might regularly use, or may have regularly used in the past. Don’t freak out: They probably found it in a PasteBin doc — not by hacking your machine.
BitcoinAbuse reports surge in April
It’s almost entirely likely that the phishers obtained your email and password from one of the thousands of data breaches that have occurred, and not by hacking your computer (or your porn website, for that matter).
Have I Been Pwned? is a handy tool to figure out where they might’ve found your password. Simply plug in your email address to see if this relates to you.
Bitcoin Abuse , a website that tracks these kinds of Bitcoin scams, has fielded almost 50,000 reports this year. April has seen a massive influx of submissions — over 41,000 — and while not all of them are specific to the sextortion scam, many are , and they’re coming in multiple languages .
As for the success of these horny phishers: It seems they randomly generate fresh Bitcoin addresses for each recipient, which makes tracking them significantly harder.
Just do what the nice lady did
So, security researchers at Sophos advise you to do two things. First: Delete the email and move on.
The second is change the password referenced in the email, as it’s likely that other phishers also have access to it. Even if they’re old accounts, you should change them to protect your current ones.
Apart from that, it’s important to never send any money in response to any emails like these, Bitcoin or otherwise, and not to play into to the fraudsters’ hands by engaging any further.
They also emphasised that instructions in an email should not be followed “just because the message is insistent or because you’re frightened.”
In other words, do what this 84-year-old lady did when she was targeted by Bitcoin sextortionists: Ignore them, and eat a bagel .
