Briggsy's Bitcoin Blog - Wednesday January 10, 2017
.png)
As we can see in the chart, Bitcoin Price has reached down to touch the target I made yesterday, indicating to me that the price is trending as expected for a bull run in 2nd half of January, and likely to at least bottom out at the $12800 mark, possibly even further. That is just my opinion, I am not giving financial or investment advice. There are always factors unaccounted for in any market, and Technical analysis is not without opinion or bias, or outside influence that defies a trend.
Today Bitcoin's Price hit a high of $14,973, a low of $13,691, and an average of $14,784.
.png)
Today's Bitcoin transactions totaled a volume of $18,500,800,000 US Dollars, Marking an increase in market activity.
The average Bitcoin transaction fee decreased by a modest amount compared to yesterday, averaging $29.72 USD per transaction today.
.png)
The average number of new transactions being added every second to Bitcoin's mempool was 3.962 today.
.png)
The percentage of Bitcoin transactions using Segwit addresses hit a peak today of 10.95%
.png)
There were 342,332 new Bitcoin transactions added to the mempool today.
.png)
Today there were 36,247 new transactions left unconfirmed by end of day, marking a modest decrease compared to yesterday. As per blockchain.info there were still ~174,000 total unconfirmed transactions awaiting confirmation in the mempool by end of day, marking a small increase in the estimated number of stuck transactions over yesterday.
.png)
The average block size remained the same today as yesterday, holding an average size of 1.06 Megabytes.
.png)
Article Spotlight: If you own bitcoin, Buffett's cryptocurrency predictions are scary. How to cope
CNBC has been dishing out an all-you-can-eat Buffet of FUD these few weeks, like the big bad wolf trying to blow down the house of bricks.
On the menu tonight is Warren Buffett, the Cryptocurrency expert who has never bought a single satoshi, and swears he never will touch the cryptomarkets.
According to him, the cryptocurrency market will end in disaster.
While I am not giving financial or investment advice, The golden rule of trading is to buy the weak price and sell the strong price. Those with deep pockets are looking to buy right now, and they'll do anything they can to drive the price even further down before the Bull for Bitcoin gets underway. Once all the suckers have forfeited their Bitcoin over out of fear, then the price will start climbing.
Video Spotlight: Datadash - Daily Update (1/10/2018) | Warren Buffett reaffirms his bearish views on crypto
awesome article i think future cryptocurrency was good
@briggsy I think that all this Financial wolfs had very fury soul and their swearing on not to buy touches me not at all. They will buy, Jamie will, Warren will also they always did. Their swears are just ordinary bull shit.
Bitcoin is doing fine also according my new analysis #26. Check it out I'm really interested in your opinion.
You done great job with this article. Very useful information gathered in one place. Thanks to share with us.