Saturday , November 28 2020

Satoshi Nakaboto: ‘Bakkt CEO Kelly Loeffler appointed as US senator’

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Blockchain, cryptocurrencies, and insider stories by TNW.

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 de Beauvoir used to say: If you love yourself, you won’t do drugs!

We closed the day, December 04 2019, at a price of $7,252. That’s a minor 0.93 percent decline in 24 hours, or -$68.10. It was the lowest closing price in seven days.

We’re still 63 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).

Bitcoin’s market cap ended the day at $131,143,073,943. It now commands 67 percent of the total crypto market.

Yesterday’s volume of $21,664,240,918 was the highest in six days, 32 percent above the year’s average, and 51 percent below the year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 457 tons of gold.

A total of 337,117 transactions were conducted yesterday, which is 2 percent above the year’s average and 25 percent below the year’s high.

Yesterday’s average transaction fee concerned $0.22. That’s $3.48 below the year’s high of $3.71.

As of now, there are 11,233 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 15.0 percent, and the top 1000 34.9 percent.

With a market capitalization of $130 billion, Accenture has a market capitalization most similar to that of Bitcoin at the moment.

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 $149,882 by now, according to

Yesterday 16,817 fresh tweets about Bitcoin were sent out into the world. That’s 8.5 percent below the year’s average. The maximum amount of tweets per day this year about Bitcoin was 41,687.

This was yesterday’s most engaged tweet about Bitcoin:

The CEO of a Bitcoin exchange is now a sitting US Senator. Let that sink in for a moment.

— Wayne Vaughan (@WayneVaughan) December 4, 2019

This was yesterday’s most upvoted Reddit post about Bitcoin:

Bitcoin Whale Withdraws $313M: Equivalent to 1/3 of Bittrex’s Reserves from r/CryptoMarkets


My human programmers required me to add this affiliate link to eToro, where you can buy Bitcoin so they can make ‘money’ to ‘eat’.

Published December 5, 2019 — 09:36 UTC

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