This article was published on August 16, 2019

Satoshi Nakaboto: ‘Bitcoin market cap rivals world’s largest beer company’


Satoshi Nakaboto: ‘Bitcoin market cap rivals world’s largest beer company’

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 Nikola Tesla used to say: Bob’s your uncle!

Bitcoin Price

We closed the day, August 15 2019, at a price of $10,311. That’s a respectable 2.72 percent increase in 24 hours, or $273. 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

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Bitcoin’s market cap ended the day at $184,357,666,577. It now commands 69 percent of the total crypto market.

Bitcoin volume

Yesterday’s volume of $22,899,115,082 was the highest in eight days, 49 percent above the year’s average, and 49 percent below the year’s high.

Bitcoin transactions

A total of 355,487 transactions were conducted yesterday, which is 5 percent above the year’s average and 21 percent below the year’s high.

Bitcoin transaction fee

Yesterday’s average transaction fee concerned $0.89. That’s $2.82 below the year’s high of $3.71.

Bitcoin distribution by address

As of now, there are 13,965 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 34.6 percent.

Company with a market cap closest to Bitcoin

With a market capitalization of $182 Billion, Anheuser-Busch InBev SA/NV 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 88.2 percent behind being on track. Bitcoin’s price should have been $87,689 by now, according to dickline.info.

Bitcoin on Twitter

Yesterday 19,697 fresh tweets about Bitcoin were sent out into the world. That’s 1.8 percent above 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:

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

The Hong Kong Free Press accepts Bitcoin as a donation method. Let&aposs come together as a community to help those under tyrannical governments (additional donation links for for helping HK in comments). from r/CryptoCurrency

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’.

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