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, let you know what’s been occurring with Bitcoin prior to now 24 hours. As Rousseau used to say: We’re on the freeway to hell, so let’s experience!
We closed the day, September 17 2020, at a price of $10,948. That’s a minor 0.22 % decline in 24 hours, or -$24.26. It was the bottom closing price in in the future.
We’re nonetheless 45 % beneath Bitcoin‘s all-time excessive of $20,089 (December 17 2017).
Bitcoin market cap
Bitcoin‘s market cap ended the day at $202,475,761,712. It now instructions 57 % of the full crypto market.
Yesterday’s quantity of $38,151,810,523 was the very best in 5 days, 66 % above final yr’s common, and 48 % beneath final yr’s excessive. That signifies that yesterday, the Bitcoin community shifted the equal of 607 tons of gold.
A complete of 348,403 transactions have been carried out yesterday, which is 9 % above final yr’s common and 22 % beneath final yr’s excessive.
Bitcoin transaction charge
Yesterday’s common transaction charge involved $1.12. That’s $2.78 beneath final yr’s excessive of $3.91.
Bitcoin distribution by handle
As of now, there are 17,823 Bitcoin millionaires, or addresses containing greater than $1 million worth of Bitcoin.
Moreover, the highest 10 Bitcoin addresses home 4.eight % of the full provide, the highest 100 14.1 %, and the highest 1000 34.9 %.
Firm with a market cap closest to Bitcoin
With a market capitalization of $204 billion, Pfizer has a market capitalization most just like that of Bitcoin in the intervening time.
Bitcoin’s path in the direction of $1 million
On November 29 2017 infamous Bitcoin evangelist John McAfee predicted that Bitcoin would attain a price 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 100.Zero % behind being on observe. Bitcoin‘s price ought to have been $602,255 by now, in response to dickline.information.
Bitcoin vitality consumption
On a yearly foundation Bitcoin now makes use of an estimated 69 terawatt hour of electrical energy. That’s the equal of Colombia’s vitality consumption.
Bitcoin on Twitter
Yesterday 33,417 recent tweets about Bitcoin have been despatched out into the world. That’s 60.5 % above final yr’s common. The utmost quantity of tweets per day final yr about Bitcoin was 82,838.
Hottest posts about Bitcoin
This was yesterday’s most engaged tweet about Bitcoin:
— The Moon 🌙 (@TheMoonCarl) September 17, 2020
This was yesterday’s most upvoted Reddit submit about Bitcoin:
My Well being Insurance coverage Supplier now accepts Bitcoin as cost for month-to-month premiums! 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 ‘money’ to ‘eat’.
Revealed September 18, 2020 — 09:30 UTC