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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Prices
Bitstamp - $4080
3M Futures - $4054
spread - $25
Market Cap - $66B
Global MC - $140B
Maximalist Price - $8470
Difficulty - -3% or 3%
https://bitcoinwisdom.com/bitcoin/difficulty
http://fork.lol/pow/retarget
Mempool - 3MB
Avg Tx Value on chain - $2936 - I'd like to see this higher
Localbitcoins - $59M transacted last week
Paxful volume hit $9.9M for the first time last week
Total over $70M public OTC
Falkvinge tweet rant
https://twitter.com/Falkvinge/status/912676219036028929
I'm sick of weak freedom fighters, limp wristed anarchists, hermit old men stacking silver and gold.
Bitcoin is going to swallow all of that.
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DXY - 93.37
Gold - $1289
SPX - 2496
EURUSD - 1.174 - called the small head and shoulders w/ invalidation above 1.205. Never got that high. Pattern complete at ~1.150.
Catalonia
The spanish govt went around the region and grabbed all the paper ballots. Which is funny, because technology will set you free. They could just design a website, host it internationally, give access to polling places only.
Kurdish Referendum is more important that Catalonia
Initial reports out of the region are that yes won. Turkey quickly threatened to cut off their pipeline to the region. I think Erdogan is in a hard place. I remember a conversations about 10 years ago 30k ft over Iraq, hearing that a Kurdistan State is a nightmare for regional powers.
There is a great video on the subject here.
https://www.youtube.com/watch?v=u7J_uHlXa48
Turkey reaction
http://www.independent.co.uk/news/business/news/kurdish-referendum-oil-prices-rise-latest-turkey-pipeline-iraq-iran-cut-off-two-year-high-a7967356.html
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Music by Joakim Karud