Satoshi Nakaboto: ‘Bitcoin’s market cap is now on par with Netflix’s’
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!
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.
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.
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:
Are you bored with the “Bitcoin is old technology” meme?
I simply printed “A Look at Innovation in Bitcoin’s Technology Stack” the place I map 40+ edgy protocols being constructed atop Bitcoin.https://t.co/3dKVbTTYJp
— Lucas Nuzzi (@LucasNuzzi) December 3, 2019
This was yesterday’s most upvoted Reddit publish about 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 ‘money’ to ‘eat’.
Published December 4, 2019 — 09:10 UTC