Briggsy's Bitcoin Blog - Thursday February 8, 2018

briggsy (64)in #bitcoin • 6 years ago

Forest-Moonlight-55_www.FullHDWpp.co2m_.png

bitcoin had another strong climb today after yesterdays indecision. While everyone is anticipating more dips before we gain an upward momentum, it's too hard to tell short term what's going on.

Please remember that I am not giving financial advice and this is just my opinion. What I do strongly advise is to get your market information from multiple sources to get a broader perspective on the markets, but ultimately you need to developer your own intuition as well, so that you can feel confident in your market position; If you are smart enough to read this, you are more than smart enough to develop that intuition... but it does take time for all of us. This blog is written for entertainment purposes only. I cannot predict the future; therefore this blog should be considered a work of imaginary fiction.

Today's Crytocurrency Marketshare:

77.39% - Top Ten
42.28% - Top Ten (excluding Bitcoin)
35.11% - Bitcoin
22.61% - Other
0.236% - Steem

The total Cryptocurrency market cap today was $384,859,000,000. Steem Market cap today was $908,483,000, or 0.236% of total.
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Today Bitcoin's Price hit a high of $8,559, a low of $7,638 and an average of $8,098 before closing.
chart (1).png

Today Bitcoin's Market Cap was $128,714,000,000 US Dollars.
chart (2).png

Today Bitcoin exchange trading totaled a volume of $9,346,750,000 US Dollars.
chart (3).png

Today the average Bitcoin transaction fee was $4.20 USD.
chart (4).png

There were 169,750 new Bitcoin transactions added to the mempool today, or 1.965 average transactions per second.
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The percentage of Bitcoin transactions using Segwit addresses peaked at 14.38% today.
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The average block contained 1.05 Megabytes of transaction data today.
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Today there were 5,028 new transactions left unconfirmed by end of day. As per blockchain.info there were still ~6,000 total unconfirmed transactions awaiting confirmation in the mempool by end of day, with ~1000 of those being stale transactions that may be stuck in the mempool.
chart (8).png

Article Spotlight:

Bitcoin reached its bottom as crypto funds beat hedge funds, says digital currency investor

CNBC is extremely bullish on Bitcoin, or at least their guests as of late are. For the old school stock market investors, a 10% gain means breaking out the hookers and champagne, so when they see Bitcoin nearing it's bottom and potentially getting ready to 10x within the next year, they cannot contain their enthusiasm.

Video Spotlights

Andreas Antonopoulos - Bitcoin Q&A: Regulation and the bank boycott

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

As always; good luck, good wealth and good health to everyone on Steemit. Stay positive towards others and help the community grow. Thank you for reading and sharing. Comments are always welcome.

#blog #cryptocurrency #crypto #money

6 years ago in #bitcoin by briggsy (64)

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phillips93 (45) 6 years ago

Great information with very good graphics friend, thank you very much, thanks for the contribution

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zekepickleman (68) 6 years ago

Stale transactions gone and Market Cap at like 135. Steady as she goes for a nice slow sneak up on the bulls.

I don't even remember when I became a zombie.

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briggsy (64) 6 years ago

braaaains... Yeah it's amazing all the FUD Rogver was putting out for half a decade about Bitcoin scaling has been continually proven wrong. Batch transactions and the final adoption of Segwit in 2018 prove that there is always more than one way to accomplish something, and lightning network is a longterm and IoT solution that increasing blocksize alone would never accomplish. Can't wait to see lightning nodes start implementing the ability to stream money for pay-as-you-go services, should be interesting and skyrocket Bitcoin price.

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