PoW! Bitcoin Market Update
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Host on twitter: @AnselLindner https://twitter.com/AnselLindner
and the show: @btcmrkts https://twitter.com/btcmrkts
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*** Bitcoin raging, altcoins dumping, 2x collapsing. The preponderance of news will be positive.
Prices
Bitstamp - $4800
3M Futures - $4800
spread - $0
Market Cap - $80B
Global MC - $152B
Maximalist Price - $9189
Avg Tx Value - $4693
This is getting closer to 1 BTC, I see as bullish
Trade Vol - $2.0B transacted on chain in 24 hrs
Segwit % - 9%
http://segwit.party/charts/#
I'm expecting Difficulty to increase by singe digits in 5 days
-3% or +15%
https://bitcoinwisdom.com/bitcoin/difficulty
http://fork.lol/pow/retarget
Mempool - <1MB
mempool is highest during midday in the US.
Localbitcoins - $48M transacted last week ~1900 btc/day
Paxful volume hit $10M
Total over $58M public OTC. This number is lower than I'd like, but consistent. Week ended 10/7 before this latest rally. So I expect this number to jump drastically.
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I was on Vortex's show with some great guests on Sunday. It was a lot of fun, and an honor to be on with great guests.
https://youtu.be/NKu3pa28tEM?t=24m30s
Cool 2x countdown by Bashco
https://bashco.github.io/2x_Countdown/
Still no news on LedgerX the bitcoin options trading platform.
WTF? SP500 recently had 6 consecutive closes at ATHs, hasn't happened since '99. I maintain we are close to the top.
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Thank you bitcoin <3. Music by Joakim Karud
