Satoshi Nakaboto: Bitcoin drives 50% of Cash Apps revenue – The Next Web

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

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you whats been going on with Bitcoin in the past 24 hours. As Aristotle used to say: Lets get this bread!

We closed the day, February 26 2020, at a price of $8,820. Thats a worrying 5.54 percent decline in 24 hours, or -$517.77. It was the lowest closing price in thirty days.

Were still 56 percent below Bitcoins all-time high of $20,089 (December 17 2017).

Bitcoins market cap ended the day at $160,879,489,024. It now commands 65 percent of the total crypto market.

Yesterdays volume of $50,420,050,762 was the highest in two thousand, four hundred and ninety-five days, 166 percent above last years average, and 1 percent below last years high.That means that yesterday, the Bitcoin network shifted the equivalent of 950 tons of gold.

A total of 329,831 transactions were conducted yesterday, which is 1 percent above last years average and 27 percent below last years high.

Yesterdays average transaction fee concerned $0.39. Thats $3.32 below last years high of $3.71.

As of now, there are 12,750 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.

Furthermore, the top 10 Bitcoin addresses house 5.8 percent of the total supply, the top 100 14.9 percent, and the top 1000 34.7 percent.

With a market capitalization of $163 Billion, NVIDIA has a market capitalization most similar to that of Bitcoin at the moment.

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 doesnt. Unfortunately for him its 96.1 percent behind being on track. Bitcoins price should have been $224,867 by now, according to dickline.info.

Yesterday 27,388 fresh tweets about Bitcoin were sent out into the world. Thats 48.4 percent above last years average. The maximum amount of tweets per day last year about Bitcoin was 75,543.

This was one of yesterdays most engaged tweets about Bitcoin:

This was yesterdays most upvoted Reddit post about Bitcoin:

Hurray! Its a bottom! from r/Bitcoin

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.

Published February 27, 2020 12:36 UTC

See the rest here:

Satoshi Nakaboto: Bitcoin drives 50% of Cash Apps revenue - The Next Web

Related Posts

Comments are closed.