Bitcoin & Markets Update 12/19/17
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Disclaimer: This is not investment advice, do your own research, this is all psuedoscience.
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PRICES
Bitstamp: $18,150
1 finney: $1.81
Mayer Multiple: $5412 = 3.3, No change, (blowoff tops happen around 7)
3M Futures: $20,070
spread: + $2000
CME Futures 3M - $18,435
http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html
MARKET SIZE and METRICS
Market Cap: $304 B
Global MC: $607 B
Maximalist Price: $36,325
Avg on-chain tx value: $12,361
BTC dollar value tx'ed on-chain (24h): $4.8 B
NETWORK STATS
Difficulty: +17% yesterday, another +11% est in 11 days
http://fork.lol/pow/retarget - New stats and look, I like it.
https://cryptothis.com/diff/
Mempool: 29MB - This is about the perfect size
https://tradeblock.com/bitcoin/
40MB of 1 sat/byte txs. Spam for sure.
https://jochen-hoenicke.de/queue/#3m
The 6 sat/byte theory.
https://twitter.com/JoshuaJBouw/status/941625444700270592
Merged PRs:
Bitcoin: https://github.com/bitcoin/bitcoin/pulse
Geth: https://github.com/ethereum/go-ethereum/pulse
Bcash: https://github.com/bitprim/bitprim/pulse
https://github.com/paritytech/parity-bitcoin/pulse
https://github.com/bitcoinxt/bitcoinxt/pulse
https://github.com/Bitcoin-ABC/bitcoin-abc/pulse
https://github.com/BitcoinUnlimited/BitcoinUnlimited/pulse
Blockstream is responsible for only 8% https://twitter.com/_jonasschnelli_/status/859389367105851392
OTC VOLUME
Localbitcoins: $100.7M/wk
Paxful: $8.3M/wk
LedgerX: $6.0M/wk
http://data.ledgerx.com/
Total public OTC data: $115.0M - $111M/wk last
PSA: Centralized exchanges are invasive, slow and outside your control. Check out p2p exchanges like https://bisq.network/ (hit $226k in volume!)
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Bubble, bubble, bubble
Pyramid schemes and ponzi schemes, Pain is a good teacher, these people aren't going away, they're here to stay.
Why Coinbase, BitPay and BCi are not implementing Segwit
ZeroLink
https://medium.com/@nopara73/zerolink-massive-scale-coinjoin-is-about-to-be-deployed-participate-in-the-final-test-and-earn-6225939d15fb
Please participate!! Testing on 20 Dec. Download and setup, all the instructions are on the medium post.
Craigslist
http://www.businessinsider.com/craigslist-added-a-button-to-accept-cryptocurrencies-as-payment-2017-12
I think this is kind of big, but not because I think people will use it, people will see it, it'll jog their memory of hearing about it before.
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Host on twitter: @AnselLindner https://twitter.com/AnselLindner
and the show: @btcmrkts https://twitter.com/btcmrkts
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We're on YouTube! https://www.youtube.com/channel/UCxWJc6ZVFJDjI6eh7MU68Tg
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Thank you bitcoin. We are all Satoshi. Run a Full Node.
Music by Joakim Karud and Kontekst