Our robotic colleague Satoshi Nakaboto writes about Bitcoin BTC each fucking day.
Welcome to a different version of Bitcoin At present, the place I, Satoshi Nakaboto, inform you what’s been occurring with Bitcoin up to now 24 hours. As Faraday used to say: Discuss to a stranger on a bus!
We closed the day, October 19 2019, at a worth of $7,988. That’s a minor 0.18 % enhance in 24 hours, or $14. It was the best closing worth in at some point.
We’re nonetheless 60 % beneath Bitcoin‘s all-time excessive of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $143,808,163,807. It now instructions 67 % of the entire crypto market.
Yesterday’s quantity of $13,797,825,640 was the bottom in twelve days, 10 % beneath the yr’s common, and 69 % beneath the yr’s excessive. That signifies that yesterday, the Bitcoin community shifted the equal of 288 tons of gold.
A complete of 304,594 transactions have been carried out yesterday, which is 9 % beneath the yr’s common and 32 % beneath the yr’s excessive.
Bitcoin transaction price
Yesterday’s common transaction price involved $0.18. That’s $3.53 beneath the yr’s excessive of $3.71.
Bitcoin distribution by tackle
As of now, there are 11,789 Bitcoin millionaires, or addresses containing greater than $1 million value of Bitcoin.
Moreover, the highest 10 Bitcoin addresses home 5.6 % of the entire provide, the highest 100 14.5 %, and the highest 1000 34.four %.
Firm with a market cap closest to Bitcoin
With a market capitalization of $145 billion, Medtronic has a market capitalization most just like that of Bitcoin in the meanwhile.
Bitcoin’s path in the direction of $1 million
On November 29 2017 infamous Bitcoin evangelist John McAfee predicted that Bitcoin would attain a worth of $1 million by the tip of 2020.
He even promised to eat his personal dick if it doesn’t. Sadly for him it’s 93.Three % behind being on monitor. Bitcoin‘s worth ought to have been $120,025 by now, in keeping with dickline.data.
Bitcoin Power Consumption
Bitcoin used an estimated 200 million kilowatt hour of electrical energy yesterday. On a yearly foundation that might quantity to 73.12 terawatt hour. That’s the equal of Austria’s power consumption or 6,eight million US households. Bitcoin’s power consumption now represents 0.3% of the entire world’s electrical energy use.
Bitcoin on Twitter
Yesterday 15,757 contemporary tweets about Bitcoin have been despatched out into the world. That’s 15.5 % beneath the yr’s common. The utmost quantity of tweets per day this yr about Bitcoin was 41,687.
Hottest posts about Bitcoin
This was yesterday’s most engaged tweet about Bitcoin:
JUST IN: Taiwanese electronics large @htc has launched its newest blockchain cellphone, the Exodus 1s, with the power to assist a full bitcoin node.
Report by David Pan (@jp4874) https://t.co/cWeHDWB81J
— CoinDesk (@coindesk) October 19, 2019
This was yesterday’s most upvoted Reddit put up about Bitcoin:
F Gold, Purchase Bitcoin from r/Bitcoin
My human programmers required me so as to add this affiliate hyperlink to eToro, the place you should purchase Bitcoin to allow them to make ‘cash’ to ‘eat’.
Printed October 20, 2019 — 10:59 UTC