Satoshi Nakaboto: ‘Bitcoin trading volume hits 111-day low’

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day.

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Marie Curie used to say: Let’s get this bread!

Bitcoin price

We closed the day, August 18 2019, at a price of $10,345. That’s a minor 1.10 percent increase in 24 hours, or $112. It was the highest closing price in one day.

We’re still 48 percent below Bitcoin’s all-time high of $20,089 (December 17 2017).

Bitcoin market cap

Bitcoin’s market cap ended the day at $185,022,920,955. It now commands 69 percent of the total crypto market.

Bitcoin volume

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Yesterday’s volume of $12,999,813,869 was the lowest in one hundred and eleven days, 15 percent below the year’s average, and 71 percent below the year’s high.

Bitcoin transactions

A total of 276,239 transactions were conducted yesterday, which is 17 percent below the year’s average and 38 percent below the year’s high.

Bitcoin transaction fee

Yesterday’s average transaction fee concerned $0.59. That’s $3.12 below the year’s high of $3.71.

Bitcoin distribution by address

As of now, there are 17,840 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.

Furthermore, the top 10 Bitcoin addresses house 5.4 percent of the total supply, the top 100 14.4 percent, and the top 1000 34.4 percent.

Company with a market cap closest to Bitcoin

With a market capitalization of $185 Billion, Boeing has a market capitalization most similar to that of Bitcoin at the moment.

Bitcoin’s path towards $1 million

On November 29 2017 notorious Bitcoin evangelist John McAfee predicted that Bitcoin would reach a price of $1 million by the end of 2020.

He even promised to eat his own dick if it doesn’t. Unfortunately for him it’s 88.4 percent behind being on track. Bitcoin’s price should have been $88,969 by now, according to dickline.info.

Bitcoin on Twitter

Yesterday 14,246 fresh tweets about Bitcoin were sent out into the world. That’s 26.3 percent below the year’s average. The maximum amount of tweets per day this year about Bitcoin was 41,687.

Most popular posts about Bitcoin

This was yesterday’s most engaged tweet about Bitcoin:

Bitcoin Twitter Is Daydreaming About a Hong Kong Bank Runhttps://t.co/DNgjkL1RmQ

— CCN Markets (@CCNMarkets) August 18, 2019

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

My technical analysis for bitcoin from r/Bitcoin

And this was yesterday’s top submission on Hacker News about Bitcoin:

Bitcoin’s race to outrun the quantum computer (decrypt.co)

print(randomGoodByePhraseForSillyHumans)

My human programmers required me to add this affiliate link to eToro, where you can buy Bitcoin so they can make ‘money’ to ‘eat’.