Bitcoin slammed up into the 10k price range today, and is holding just above 10K for now. Whether the price holds or not, I expect to see some volatility over the next week or two regardless.
Today's charts and numbers at a glance
(shift+click or middle-mouse-button any image to enlarge in a new window)
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| Today's Crypto Marketshare: 77.77% - Top Ten 41.94%- Top Ten (w/o Bitcoin) 35.83% - Bitcoin 22.23% - Other 0.234% - Steem | The total Cryptocurrency market cap today was $485,104,000,000. Steem Market cap was $1,134,020,000, or 0.234% of total. |
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| Bitcoin's Price hit a high of $10,235, a low of $9,396 and an average of $9,815 before closing. | Bitcoin's Market Cap was $160,025,000,000 US Dollars. |
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| Bitcoin exchange trading totaled a volume of $9,062,540,000 US Dollars. | The average Bitcoin transaction fee was $3.18 USD. |
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| There were 198,461 new Bitcoin transactions added to the mempool today, or 2.297 average transactions per second. | The percentage of Bitcoin transactions using Segwit addresses peaked at 13.64% today. |
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| The average block contained 1.06 Megabytes of transaction data today. | Today there were 2,627 new transactions left unconfirmed by end of day. There was ~6000 additional stale transactions stuck in the mempool. |
Article Spotlight:
Bitcoin leaves elite haters behind as it hits $10,000 again
I picked this article because it made me chuckle.
Last year Jamie Dimon (his family's real last name is Papademetriou) hit bitcoin with a FUD sandwich and the price dropped significantly for a brief amount of time.
Fast forward to today, and the opinion on Bitcoin from big bankers and/or traders not only has little credibility, but seems to be having the opposite effect if anything.
Those either trading or holding Bitcoin have just experienced the largest price drop in years, and for many this was their first time experiencing a market crash. I keep saying it, but I believe that the volatility of cryptocurrency, combined with the enormous amount of FUD that comes from mainstream media, is creating a new generation of ultra-hardened investors that may eventually eat the stockmarket's lunch in the future.
Old school investors have heart attacks and jump out of windows when they see their stock portfolio drop by 10%. For those of us that have cut our teeth on cryptocurrencies, where we can see our portfolio rise or fall by 10% each day... well, it doesn't take a rocket scientist to figure out that the opinions on cryptocurrency from the so-called traditional traders and bankers don't hold any water. This has been proven time and time again to the point where their negative comments are now being taken as a positive sign.
Video Spotlights
Andreas Antonopoulos - Bitcoin Q&A: Misconceptions about Lightning Network
Some good stuff here. I was definitely someone who was being misinformed about how the lightning network actually works.
Decentralized TV - Lead Ethereum Dev Resigns Over Legal Concerns
More FUD surrounding Ethereum. It doesn't seem to be affecting the price of Ethereum, but that may be due to the plethora of ICO's utilizing Ethereum.
if you want to be more proactive in this community, try using steemfollower (sign in is done through steemconnect using your steemit name and your private posting key - found in your wallet under permissions). This Video will explain how the program works. It is a great way to motivate you to produce great content, and to reward others for producing great content.
Tip Jars:
Dogecoin DDizpbLrYzFNEZtEVvUXo8kKBKu3K7yLry
Bitcoin 32p67yperYxM8dEFXESL3oeBcEn4qP32cQ
Ethereum 0x54c0387Fd48Dc8D48D30069be2e18756b8d203A5
ETC 0x067511c327Bc68b73726F4410fEAdb47ed396425
Ubiq 0x3EDb86c57f7f495aE0963855Cc37BA64B40C7685
(this chart is subject to change over time and only reflects average upvote values that I have received. As I test more upvote bots the chart will grow. It is not an endorsement for any bot, nor is this an attempt to slander the reputation of any upvote bot. I only wish to highlight to others the range of value they should expect if they choose to use upvote bot services.)
Upvote bots and their stats can be found here at https://steembottracker.com/