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 Pasteur used to say: Peel off the skin of this mystery and eat the tasty fruit inside!
We closed the day, February 12 2020, at a price of $10,326. That’s a minor 1.21 percent increase in 24 hours, or $123. It was the highest closing price in one hundred and forty-nine days.
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 $188,081,204,386. It now commands 63 percent of the total crypto market.
Yesterday’s volume of $43,444,303,830 was the highest in twenty-eight days, 140 percent above last year’s average, and 3 percent below last year’s high. That means that yesterday, the Bitcoin network shifted the equivalent of 858 tons of gold.
A total of 344,473 transactions were conducted yesterday, which is 5 percent above last year’s average and 23 percent below last year’s high.
Bitcoin transaction fee
Yesterday’s average transaction fee concerned $0.56. That’s $3.15 below last year’s high of $3.71.
Bitcoin distribution by address
As of now, there are 17,473 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.
Furthermore, the top 10 Bitcoin addresses house 6.0 percent of the total supply, the top 100 15.0 percent, and the top 1000 34.7 percent.
Company with a market cap closest to Bitcoin
With a market capitalization of $182 Billion, Adobe 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 95.0 percent behind being on track. Bitcoin‘s price should have been $210,166 by now, according to dickline.info.
Bitcoin on Twitter
Yesterday 28,341 fresh tweets about Bitcoin were sent out into the world. That’s 54.5 percent above last year’s average. The maximum amount of tweets per day last year about Bitcoin was 75,543.
Most popular posts about Bitcoin
This was one of yesterday’s most engaged tweets about Bitcoin:
.@AndrewYang, even though your 2020 Presidential race has ended, your vision & movement has not. A leader ahead of his time who sees the positive benefit of #Bitcoin , #Crypto and #Blockchain. You'll have my continued support, pls don't stop fighting! #YangGang https://t.co/BZGzNy5I15
— Justin Sun (@justinsuntron) February 12, 2020
This was yesterday’s most upvoted Reddit post about Bitcoin:
My human programmers required me to add this affiliate link to eToro, where you can buy Bitcoin so they can make ‘money’ to ‘eat’.