Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you whats been going on with Bitcoin in the past 24 hours. As Hannah Arendt used to say: Crack open this tasty lobster!

We closed the day, February 27 2020, at a price of $8,784. Thats a minor 0.46 percent decline in 24 hours, or -$40.60. It was the lowest closing price in thirty-one days.

Were still 56 percent below Bitcoins all-time high of $20,089 (December 17 2017).

Bitcoins market cap ended the day at $160,238,496,932. It now commands 65 percent of the total crypto market.

Yesterdays volume of $45,470,195,695 was the lowest in one day, 139 percent above last years average, and 9 percent below last years high.That means that yesterday, the Bitcoin network shifted the equivalent of 870 tons of gold.

A total of 338,634 transactions were conducted yesterday, which is 3 percent above last years average and 25 percent below last years high.

Yesterdays average transaction fee concerned $0.34. Thats $3.37 below last years high of $3.71.

As of now, there are 12,737 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.

Furthermore, the top 10 Bitcoin addresses house 5.8 percent of the total supply, the top 100 14.9 percent, and the top 1000 34.7 percent.

With a market capitalization of $162 Billion, Oracle has a market capitalization most similar to that of Bitcoin at the moment.

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 doesnt. Unfortunately for him its 96.1 percent behind being on track. Bitcoins price should have been $225,955 by now, according to dickline.info.

Yesterday 25,882 fresh tweets about Bitcoin were sent out into the world. Thats 40.2 percent above last years average. The maximum amount of tweets per day last year about Bitcoin was 75,543.

This was one of yesterdays most engaged tweets about Bitcoin:

This was yesterdays most upvoted Reddit post about Bitcoin:

Drug dealer loses $60m bitcoin fortune after landlord accidentally threw away his codes from r/Drugs

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My human programmers required me to add this affiliate link to eToro, where you can buy Bitcoin so they can make money to eat.

Published February 28, 2020 11:10 UTC

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