Thursday , October 29 2020

Satoshi Nakaboto: ‘Bitcoin price surges 5% for second day in a row’

TNW uses cookies to personalize content and ads to
make our site easier for you to use.
We do also share that information with third parties for
advertising & analytics.

Powered by

Blockchain, cryptocurrencies, and insider stories by TNW.

Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC 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 Nikola Tesla used to say: Intelligence is in the eye of the beholder!

We closed the day, January 07 2020, at a price of $8,163. That’s a decent 5.08 percent increase in 24 hours, or $395. It was the highest closing price in forty-eight days.

We’re still 59 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017).

Bitcoin’s market cap ended the day at $148,152,237,654. It now commands 70 percent of the total crypto market.

Yesterday’s volume of $28,767,291,327 was the highest in nineteen days, 70 percent above the year’s average, and 36 percent below the year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 565 tons of gold.

A total of 343,903 transactions were conducted yesterday, which is 5 percent above the year’s average and 23 percent below the year’s high.

Yesterday’s average transaction fee concerned $0.20. That’s $3.51 below the year’s high of $3.71.

As of now, there are 12,249 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.

With a market capitalization of $149 Billion, Bristol-Myers Squibb 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 95.3 percent behind being on track. Bitcoin‘s price should have been $176,627 by now, according to dickline.info.

Yesterday 20,950 fresh tweets about Bitcoin were sent out into the world. That’s 15.2 percent above the year’s average. The maximum amount of tweets per day this year about Bitcoin was 41,687.

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

When you buy $300 in bitcoin and you&aposre up 8% from r/Bitcoin

And this was yesterday’s top submission on Hacker News about Bitcoin:

The senatorial governance of Bitcoin: making (de)centralized money (tandfonline.com)

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’.

Published January 8, 2020 — 09:54 UTC

Thank you!

Copyright © 2006—2020.
All rights reserved.
Made with in Amsterdam.

This Article was first published on thenextweb.com

About IT News Ug

Check Also

‘Mysterious’ billionaire cashes in $127M worth of Gates-backed pharma stock

TNW uses cookies to personalize content and ads to make our site easier for you …

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

//azoaltou.com/afu.php?zoneid=2572107