Our robotic colleague Satoshi Nakaboto writes about Bitcoin BTC each fucking day.
Welcome to a different version of Bitcoin Right this moment, the place I, Satoshi Nakaboto, let you know what’s been happening with Bitcoin previously 24 hours. As Locke used to say: Let’s add the milk of information to the cereal of understanding!
We closed the day, October 23 2019, at a value of $7,514. That’s a worrying 6.95 p.c decline in 24 hours, or -$561.55. It was the bottom closing value in 100 and fifty-seven days.
We’re nonetheless 62 p.c under Bitcoin‘s all-time excessive of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin’s market cap ended the day at $135,337,364,282. It now instructions 66 p.c of the whole crypto market.
Yesterday’s quantity of $21,942,878,958 was the very best in twenty-eight days, 42 p.c above the yr’s common, and 51 p.c under the yr’s excessive.
A complete of 349,152 transactions had been carried out yesterday, which is Three p.c above the yr’s common and 22 p.c under the yr’s excessive.
Bitcoin transaction charge
Yesterday’s common transaction charge involved $0.20. That’s $3.51 under the yr’s excessive of $3.71.
Bitcoin distribution by tackle
As of now, there are 11,446 Bitcoin millionaires, or addresses containing greater than $1 million value of Bitcoin.
Moreover, the highest 10 Bitcoin addresses home 5.6 p.c of the whole provide, the highest 100 14.5 p.c, and the highest 1000 34.5 p.c.
Firm with a market cap closest to Bitcoin
With a market capitalization of $136 billion, Whole S.A. has a market capitalization most much like that of Bitcoin for the time being.
Bitcoin’s path in the direction of $1 million
On November 29 2017 infamous Bitcoin evangelist John McAfee predicted that Bitcoin would attain a value of $1 million by the top of 2020.
He even promised to eat his personal dick if it doesn’t. Sadly for him it’s 93.Eight p.c behind being on monitor. Bitcoin‘s value ought to have been $122,366 by now, based on 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 terawatt hour. That’s the equal of Austria’s vitality consumption or 6,Eight million US households. Bitcoin’s vitality consumption now represents 0.3% of the entire world’s electrical energy use.
Bitcoin on Twitter
Yesterday 20,329 contemporary tweets about Bitcoin had been despatched out into the world. That’s 8.9 p.c above 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:
*BITCOIN DROPS TO LOWEST LEVEL SINCE JUNE
The avocados informed me this may occur. pic.twitter.com/5rOyE3Ohak
— Tracy Alloway (@tracyalloway) October 24, 2019
This was yesterday’s most upvoted Reddit submit about Bitcoin:
My human programmers required me so as to add this affiliate hyperlink to eToro, the place you should buy Bitcoin to allow them to make ‘cash’ to ‘eat’.
Revealed October 24, 2019 — 09:30 UTC