Satoshi Nakaboto: ‘Bitcoin’s market cap is now on par with Netflix’s’

Our robotic colleague Satoshi Nakaboto writes about Bitcoin BTC each fucking day.

Welcome to a different version of Bitcoin Today, the place I, Satoshi Nakaboto, let you know what’s been occurring with Bitcoin previously 24 hours. As Plato used to say: Time is cash!

Bitcoin Price

We closed the day, December 03 2019, at a value of $7,320. That’s a minor 0.05 p.c decline in 24 hours, or -$3.82. It was the bottom closing value in six days.

We’re nonetheless 63 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 $132,359,942,301. It now instructions 67 p.c of the whole crypto market.

Bitcoin quantity

Yesterday’s quantity of $14,797,485,769 was the bottom in forty-four days, 10 p.c under the 12 months’s common, and 67 p.c under the 12 months’s excessive. That implies that yesterday, the Bitcoin community shifted the equal of 310 tons of gold.

Bitcoin transactions

A complete of 336,354 transactions had been carried out yesterday, which is 2 p.c above the 12 months’s common and 25 p.c under the 12 months’s excessive.

Bitcoin transaction payment

Yesterday’s common transaction payment involved $0.22. That’s $3.49 under the 12 months’s excessive of $3.71.

Bitcoin distribution by tackle

As of now, there are 11,148 Bitcoin millionaires, or addresses containing greater than $1 million value of Bitcoin.

Furthermore, the highest 10 Bitcoin addresses home 5.6 p.c of the whole provide, the highest 100 15.Zero p.c, and the highest 1000 34.eight p.c.

Company with a market cap closest to Bitcoin

With a market capitalization of $134 billion, Netflix 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 tip of 2020.

He even promised to eat his personal dick if it doesn’t. Unfortunately for him it’s 95.1 p.c behind being on observe. Bitcoin‘s value ought to have been $149,160 by now, in line with dickline.information.

Bitcoin on Twitter

Yesterday 16,469 contemporary tweets about Bitcoin had been despatched out into the world. That’s 10.Four p.c under the 12 months’s common. The most quantity of tweets per day this 12 months about Bitcoin was 41,687.

Most widespread posts about Bitcoin

This was yesterday’s most engaged tweet about Bitcoin:

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

Kenneth Bosak on Twitter: I&aposm starting to agree with Roger Ver about Bitcoin Cash $BCH… .. . 💁🏻‍♂️ from r/btc


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Published December 4, 2019 — 09:10 UTC

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