Bitcoin & Markets

Bitcoin & Markets Update 11/26/17---Host on twitter: @AnselLindner https://twitter.com/AnselLindner and the show: @btcmrkts https://twitter.com/btcmrkts --- We're on YouTube! https://www.youtube.com/channel/UCxWJc6ZVFJDjI6eh7MU68Tg --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets or to donate bitcoin, litecoin or paypal http://bitcoinandmarkets.com/donate --- This is not investment advice people, do your own research, I say some crazy stuff on this show, it could all be psuedoscience. ---- Recent chart tweet: https://twitter.com/btcmrkts/status/934753783397040128 Prices Bitstamp - $8902 The Finney: $0.89 Loose bitcoin price (including forks): $10,953 3M Futures - $8897 spread 0 Spread was negative and shifted positive, bitstamp vs okex 3M, perfectly as the market turned up, no even CME still "second week of Dec" no official date. Market Cap - $150B! Global MC - $284B Maximalist Price - $17,054 Avg on chain tx value - $7035 BTC $ val tx'ed on chain (24h): $2.4B Difficulty: -8%, 7.9% or 4.4% - I estimate about 5-10% increase https://bitcoinwisdom.com/bitcoin/difficulty http://fork.lol/pow/retarget https://cryptothis.com/diff/ Mempool: 5MB https://tradeblock.com/bitcoin/ https://jochen-hoenicke.de/queue/#2h OTC Localbitcoins: $63.3M/wk Paxful: $9.7M/wk LedgerX: $2.6M to $6M/wk to $2.1M this wk, Holiday http://data.ledgerx.com/ Total public OTC data: $79M to $75M/wk I'll update this on my twitter when new weekly numbers drop soon. --- Ethereum and Parity Funds are still stuck. Debate rages. https://www.coindesk.com/brain-freeze-parity-bug-continues-no-easy-solution-sight/ Bcash It's has failed to rally as hard as last holiday weekend. Bithumb volume down. Their DAA has performed better than I expected. Tether Of course, tether is centralized, but it can be replaced, Other exchanges bank accounts are more at risk and could cause more damage that tether Mining https://bitcoinmagazine.com/articles/bitcoin-developer-about-take-mining-hardware-industry/ This is an important play. The Core devs are so far out in front that they started planning for bitcoin's privacy upgrades months ago. To ease a privacy upgrade, decentralized mining is paramount. --- Thank you bitcoin. Music by Joakim Karud and Die Antwoort

Bitcoin & Markets Update 11/21/17---Host on twitter: @AnselLindner https://twitter.com/AnselLindner and the show: @btcmrkts https://twitter.com/btcmrkts --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets or to donate bitcoin, litecoin or paypal http://bitcoinandmarkets.com/donate --- This is not investment advice people, do your own research, I say some crazy stuff on this show, it could all be psuedoscience. ---- Follow: Mile Suter https://twitter.com/WahWhoWah 4 HR chart tweet - https://twitter.com/btcmrkts/status/932837961690779648 Prices Bitstamp - $8199 The Finney: $0.82 3M Futures - $8299 spread $100 This is a healthy spread in contango. I expect this spread to increase as we approach CME. Looks like CME is going to launching on 11 Dec. But there's conflicting reports out there right now. Follow me Market Cap - $136B Global MC - $241B Maximalist Price - $14,495 Avg on chain tx value - $7121 BTC $ val tx'ed on chain (24h): $2.4B Difficulty: -23% or -1% - I estimate about -5% https://bitcoinwisdom.com/bitcoin/difficulty http://fork.lol/pow/retarget Mempool: 17MB (not including zero fee txs) https://tradeblock.com/bitcoin/ https://jochen-hoenicke.de/queue/#2h OTC Localbitcoins: $63.3M/wk Paxful: $9.7M/wk LedgerX: $2.6M to $6M/wk http://data.ledgerx.com/ Total public OTC data: $73.6M to $79M/wk --- ECB is trying to change their bail in limits. Currently, 100,000 Euros are protected from bail ins, but not for long. http://www.zerohedge.com/news/2017-11-19/ecb-proposes-end-deposit-protection CNBC interview with Thomas Peterffy is scared for short sellers https://www.cnbc.com/2017/11/15/thomas-peterffy-keep-bitcoin-away-from-the-real-economy.html Tether Man, this tether thing blew up. Tether is USD derivative to provide liquidity between exchanges and allow trading against a USD substitute. Don't bite off on the FUD, even if from your favorite youtube personality. Do you own research! --- Thank you #bitcoin. Music by Joakim Karud and Vowl

Bitcoin & Markets Update 11/16/17---Host on twitter: @AnselLindner https://twitter.com/AnselLindner and the show: @btcmrkts https://twitter.com/btcmrkts --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets --- This is not investment advice people, do your own research, I say some crazy stuff on this show, it could all be psuedoscience. ---- Prices Bitstamp - $7410 The Finney: $0.74 3M Futures - $7320 spread - $90 Market Cap - $125B Global MC - $220B Maximalist Price - $13,171 Avg on chain tx value - $8545 As mempool filled, avg tx size increased, showing the quality filter of fees. BTC $ val tx'ed on chain (24h): $2.3B Difficulty: -30% or -6% - I estimate about -5% https://bitcoinwisdom.com/bitcoin/difficulty http://fork.lol/pow/retarget Mempool: 13MB down from a high of 50MB during the latest attack. Half of unconfirmed txs were 1 sat/b https://tradeblock.com/bitcoin/ https://jochen-hoenicke.de/queue/#2h OTC Localbitcoins: $62M/wk Paxful: $9M/wk LedgerX: $2.6M/wk But HUGE volume this week on LedgerX, $4.2M in first three days, more options for options contracts being offered as well. http://data.ledgerx.com/ Total public OTC data: $73.6M/wk --- Micropayment Channel Networks https://www.tik.ee.ethz.ch/file/a20a865ce40d40c8f942cf206a7cba96/Scalable_Funding_Of_Blockchain_Micropayment_Networks%20(1).pdf Core 0.15.1 is released in the middle of a civil way Core devs march on. Thanks to all the contributors. https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2017-November/000048.html BCASH update Ver moved coins to bitfinex, looks like he was sell small pieces in 2000 btc blocks. It'd be plain stupid to sell all his BTC. There is no question about which coin will "win" he must know that or he's stupid. https://www.reddit.com/r/Bitcoin/comments/7cefom/roger_ver_just_sent_25k_btc_to_bitfinex/ Jihan tweeted a few times telling bcash community to be nice to other altcoins. I asked if he'd commit his anti-competitive patents to a defensive patent pool like BS, but no answer. --- Thank you bitcoin

Bitcoin & Markets Update 11/8/17---Host on twitter: @AnselLindner https://twitter.com/AnselLindner and the show: @btcmrkts https://twitter.com/btcmrkts --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets --- This is not investment advice people, do your own research, I say some crazy stuff on this show, it could all be psuedoscience. ---- Prices Bitstamp - $7501 The Finney: $0.75 3M Futures - $6958 spread - $550 Market Cap - $124.5B Global MC - $204B Maximalist Price - $12,247 Avg on chain tx value - $5440 BTC $ val tx'ed on chain (24h): $2.5B Difficulty: -29% or -5% https://bitcoinwisdom.com/bitcoin/difficulty http://fork.lol/pow/retarget Dan Robinson - The Cost of Supporting the B2X Fork https://medium.com/@danrobinson/the-cost-of-supporting-the-b2x-fork-how-to-lose-100m-in-ten-days-6797f7ef52da Mempool: 10MB https://tradeblock.com/bitcoin/ OTC $10M (1400) in the last 24 hours on localbitcoins. Last week 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 --- Parity shut down - "I accidentily killed it." https://imgur.com/KDi7xyI https://np.reddit.com/r/ethereum/comments/7bgbep/it_is_not_the_ethereum_foundations_responsibility/ Tuur vs Vitalik - https://medium.com/@tuurdemeester/critique-of-buterins-a-proof-of-stake-design-philosophy-49fc9ebb36c6 https://medium.com/@tuurdemeester/re-buterins-criticism-of-my-pos-piece-4ee70d6fd289 Centralized Bcash forks - https://www.bitcoinabc.org/november Great watch Block Digest - https://www.youtube.com/watch?v=hDWjo-j9taM --- Thank you bitcoin

Bitcoin & Markets Update 11/6/17---Host on twitter: @AnselLindner https://twitter.com/AnselLindner and the show: @btcmrkts https://twitter.com/btcmrkts --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets --- This is not investment advice people, do your own research, I say some crazy stuff on this show, it could all be psuedoscience. ---- 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 --- 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 --- Thank you bitcoin

Bitcoin & Markets Update 11/3/17---Host on twitter: @AnselLindner https://twitter.com/AnselLindner and the show: @btcmrkts https://twitter.com/btcmrkts --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets --- This is not investment advice people, do your own research, I say some crazy stuff on this show, it could all be psuedoscience. ---- Prices Bitstamp - $7308 3M Futures - $6695 spread - $625 Market Cap - $123B Global MC - $200B Maximalist Price - $12011 Avg on chain tx value - $7007 BTC $ val tx'ed on chain (24h): $2.4B Difficulty: -23% or -17% https://bitcoinwisdom.com/bitcoin/difficulty http://fork.lol/pow/retarget Mempool: 29MB Localbitcoins: $54M/wk Paxful: $10.5M/wk LedgerX: $1.9M/wk - New. These are next day fully collaterized swaps. On track for $2.5M Total public OTC data: $65.6M/wk --- CME futures BCash is trying to have one last hoorah on the 13th, a couple days before 2x HF, to try and steal relevancy from bitcoin. --- Thank you bitcoin

Bitcoin & Markets Update 10/21/17---Host on twitter: @AnselLindner https://twitter.com/AnselLindner and the show: @btcmrkts https://twitter.com/btcmrkts --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets --- Prices Bitstamp - $5832 3M Futures - $5508 spread - $300 Backwardation https://en.wikipedia.org/wiki/Normal_backwardation The futures curve is inverted https://bitcoin.clarkmoody.com/tickers/futures/ Bcash acting like a shitcoin. GBTC http://www.otcmarkets.com/stock/GBTC/news?id=173337 Market Cap - $97B Global MC - $172B Maximalist Price - $10352 Avg on chain tx value - $3115 BTC tx'ed on chain (24h): $1.8B Difficulty: Just jumped 20.39%! This is huge and my belief is the https://bitcoinwisdom.com/bitcoin/difficulty http://fork.lol/pow/retarget Mempool: 23MB Localbitcoins: $55M Paxful: $10M Total public OTC data: $65M worth of bitcoin Avg OTC price: $7280 --- LedgerX $1.9M of one day forward swaps on the first week BadRabbit Ransomware http://www.shtfplan.com/headline-news/bad-rabbit-ransomware-this-is-a-targeted-attack_10252017 Interesting new wrinkle in the coming bitcoinization. --- Thank you bitcoin

Bitcoin & Markets Update 10/24/17---Host on twitter: @AnselLindner https://twitter.com/AnselLindner and the show: @btcmrkts https://twitter.com/btcmrkts --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets --- Metronome Scam https://metronome.io https://www.metronome.io/#team-content https://www.bloomberg.com/news/articles/2017-10-24/bitcoin-pioneer-says-new-coin-to-work-on-multiple-blockchains --- Thank you bitcoin

PoW! Bitcoin Market Update---Host on twitter: @AnselLindner https://twitter.com/AnselLindner and the show: @btcmrkts https://twitter.com/btcmrkts --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets --- *** Prices Bitstamp - $5704 3M Futures - $5711 spread - ~$0 After a period of normalization for the spreads, they came back to even yesterday at the bottom, setting up for the next leg up. Market Cap - $94.6B Global MC - $169B Maximalist Price - $10212 - This fell because altcoins are starting their decline IMO Avg Tx Value - $4235 On chain Vol - $2.2B transacted on chain in 24 hrs Segwit % - 14% Latest Difficulty retarget was +6.5% -3% or +10% https://bitcoinwisdom.com/bitcoin/difficulty http://fork.lol/pow/retarget Mempool - 22MB Localbitcoins - $53M Paxful volume hit $9M Total over $62M public OTC. --- Resources page on bitcoinandmarkets.com/resources Recently added futures curve: https://bitcoin.clarkmoody.com/tickers/futures/ Futures for 2x, 28 days There are three markets open now for Segwit2xCoin futures, all are showing ~0.12 btc. Not having replay protection is a weakness for 2x, not a strength. https://2xdumper.com/ Mike Belshe the CEO of BitGo's Medium posts. Mike has had a couple medium posts pleading the 2x case. They are full of BS, debunked statements or lies. https://medium.com/@mikebelshe/carpe-diem-for-bitcoin-9f02e8263126 https://medium.com/@mikebelshe/keeping-the-community-together-5c4dcda7aeb4 OKEx twitter poll vs Futures price https://twitter.com/OKEx_/status/920958136990646272 Calls for the "Bitcoinization" of Venzuela on CNBC https://www.reddit.com/r/Bitcoin/comments/76r0jb/was_watching_cnbc_when/ An Evening in Wonderland by @ReformedBroker http://thereformedbroker.com/2017/10/18/an-evening-in-wonderland/ Bittrex Freezes Accounts https://cointelegraph.com/news/bittrex-exchange-breaks-silence-on-banned-accounts-questions-remain China National Convention 3 takeaways: https://thediplomat.com/2017/10/3-major-takeaways-from-xi-jinpings-speech-at-the-19th-party-congress/ --- Thank you bitcoin

PoW! Bitcoin Market Update---Host on twitter: @AnselLindner https://twitter.com/AnselLindner and the show: @btcmrkts https://twitter.com/btcmrkts --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets --- *** Amazing bull run, 2x is the longest comedy death, bgold Prices Bitstamp - $5681 3M Futures - $5987 spread - $306 Once again, the period of backwardation ends with a large rally. Market Cap - $94B Global MC - $174B Maximalist Price - $10478 Avg Tx Value - $4675 On chain Vol - $2.1B transacted on chain in 24 hrs Segwit % - 11% http://segwit.party/charts/# I'm expecting Difficulty to increase by singe digits in 12 hours after upload of this episode -5% or +6% https://bitcoinwisdom.com/bitcoin/difficulty http://fork.lol/pow/retarget Mempool - 12MB Got as high as 35MB in the last day, due to bcash mining profitability and anti-bitcoin miners not mining full blocks. That's ok, they are leaving money on the table. Localbitcoins - $48M transacted last week ~1500 btc/day Paxful volume hit $10M Total over $58M public OTC. This number is lower than I'd like, but consistent. Week ended 10/7 before this latest rally. So I expect this number to jump drastically. --- The Island Nation of Vanautu https://www.sovereignman.com/international-diversification-strategies/strangely-enough-vanuatu-proves-why-bitcoin-can-never-be-banned-22485/ Demand -> Innovation -> Distribution -> Use Fedcoin - PBOC, IMF etc A result of people think bitcoin is a payments network, medium of exchange, but it's a store of value. National cryptos must remain centralized control, monetary policy, blockchain is inefficient, not anonymous, not fungible, etc. This 2x drama is a golden opportunity for us to expose anti-bitcoin companies, like Xapo, Blockchain[dot]info and BitPay have exposed themselves. Big new line we see being used is that they will follow the longest chain. This is a get out clause, but also VERY dangerous. https://twitter.com/udiWertheimer/status/918216293232332800 Bgold http://btcgpu.org/ https://twitter.com/btcgpu https://bitcoinmagazine.com/articles/bitcoin-beginners-guide-surviving-bgold-and-segwit2x-forks/ I'm getting bullish for bgold for several reasons: 1) the gold bug appeal 2) altcoin appeal 3) air drop appeal 4) mining appeal, PoS eth hashrate 5) it's a friendly fork I will likely Hodl this air drop, because I expect it better than bcash, and set a good example for future forks. --- Thank you bitcoin