Bitcoin & Markets Update 11/6/17
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Host on twitter: @AnselLindner https://twitter.com/AnselLindner
and the show: @btcmrkts https://twitter.com/btcmrkts
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This is not investment advice people, do your own research, I say some crazy stuff on this show, it could all be psuedoscience.
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Prices
Bitstamp - $7290
3M Futures - $6585
spread - $700
Market Cap - $122B
Global MC - $199.5B
Maximalist Price - $11965
Avg on chain tx value - $5202
BTC $ val tx'ed on chain (24h): $2.8B
Difficulty: -25% or -3% : I estimate a
https://bitcoinwisdom.com/bitcoin/difficulty
http://fork.lol/pow/retarget
Mempool: 7MB
https://tradeblock.com/bitcoin/
There was a 1.6MB block a couple days ago, the largest yet on bitcoin. It consolidated a lot of utxos and made them SW.
Segwit addresses usage is about over 10%. When these anti-bitcoin 2x companies that haven't up held their word to use SW do start, we'll get to 2MB+.
http://segwit.party/charts/
Localbitcoins: $65M/wk - nearly an ATH, only 1 week higher 71M
Paxful: $9M/wk
LedgerX: $2.4M/wk - New. These are next day fully collaterized swaps. On track for $2.5M
Total public OTC data: $76.4M/wk
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Bcash difficulty is an interesting example of centralized development like ethereum coming to bitcoin, however with less competent devs.
https://www.reddit.com/r/btc/comments/79vz1c/bitcoin_cash_hard_fork_plans_updated_new/
Saudi Prince Alweleed
Just days after saying bitcoin will implode on itself the Saudi prince is arrest and assets siezed. It's beautiful justice and proves bitcoin's use case.
https://www.cnbc.com/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.html
https://www.cnbc.com/2017/11/04/billionaire-saudi-prince-alwaleed-bin-talal-arrested-in-corruption-crackdown-local-reports.html
http://www.zerohedge.com/news/2017-11-04/shocking-purge-saudi-king-arrests-billionaire-prince-bin-talal-others-anti-money-lau
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Thank you bitcoin <3. Music by Joakim Karud and Tennyson
