Bitcoin & Markets 3/9/18
--------------------
New to bitcoin? Start here: bitcoinandmarkets.com/resources
--
THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU!
www.patreon.com/bitcoinandmarkets
or bitcoin, litecoin or paypal
bitcoinandmarkets.com/donate
--
**Disclaimer: This is not investment advice, do your own research.**
Sources at below.
--------------------
PRICES
--------------------
Bitstamp: $8746 / 1 finney: $0.87
Mayer Multiple: Spot/200 MA ($8569) = sub 1.0 (1)
3M BTC Settled Futures (Mar): $8811 / spread: -$100 or 1.7%
CME Futures: Mar18 $8780 / Jun18 $8520 (2)
Bitmex Futures: Mar18 $8814 / Jun18 $8901
MARKET SIZE and TRANSACTIONS
--------------------
Market Cap: $148 B
Dominance Index: 100%
Global Bitcoin MC: $332 B
NVT (Network Value/Transaction): 108 (3)
Maximalist Price: $21,267
USD value tx'ed on-chain (24h): $8.8 B
Avg tx Val (24h): $47k
SECURITY
--------------------
Difficulty: est. +9% in 9 days (4)(5)
Difficulty has been just fine and shows that all the drama is just drama.
FEES
--------------------
Mempool: 4MB, ~2 sat/b (6)(7)
Mempool is very empty and transactions are fast.
DEVELOPMENT
--------------------
Merged PRs: 51 merged PRs and 75 closed issues (8)(9)
Lightning Network: 4.5 btc capacity, 1822 open channels, 985 nodes - 1.8 channels/node (10)(11)
GOOGLE TRENDS (14)
--------------------
We are lower on google trends again. Showing 18, off from a yearly high of 100. The point I make here is that this recent drop in price wasn't accompanied by a big drop in google trends.
NEWS
--------------------
Follow @BitcoinMerges: twitter.com/BitcoinMerges
Gox coins in 2000 btc addresses: gaelb.alwaysdata.net/MTgox_watch_CW/index.html
Bcash Woes
O'Dell's Tweet: twitter.com/matt_odell/status/970850312071405568
Olivier's Tweet about merge mining: twitter.com/olivierjanss/status/970788289593651200
Cobra: twitter.com/CobraBitcoin/status/970736614275153926
ASICBoost: bitcoinmagazine.com/articles/breaki…ndal-solutions/
Regulations will hit ICOs and altcoins hard, but leave bitcoin relatively unscaved. This will leave room for legacy interests to coopt the "blockchain" meme, ICO and altcoin narratives. Bitcoin unaffected.
SOURCES
--------------------
1. Mayer Multiple: mayermultiple.com
2. CME futures: www.cmegroup.com/trading/equity-i…dex/bitcoin.html
3. Network Value to Transaction Ratio: charts.woobull.com/bitcoin-nvt-ratio/
4. Network stats: fork.lol/pow/retarget
5. Difficulty: bitcoinwisdom.com/bitcoin/difficulty
6. Real time fees: tradeblock.com/bitcoin/
7. Visualization: jochen-hoenicke.de/queue/#3m
8. Bitcoin github stats: github.com/bitcoin/bitcoin/pulse
9. Ranking: www.coingecko.com
10. LN testnet: explorer.acinq.co/#/
11. LN nodes: lnmainnet.gaben.win/#
12. LedgerX: data.ledgerx.com/
13. Gemini Auction: gemini.com/auction-data/
14. Google trends "bitcoin": trends.google.com/trends/explore?q=bitcoin
FOLLOW
--------------------
Host: @AnselLindner twitter.com/AnselLindner
Show: @btcmrkts twitter.com/btcmrkts
We're on YouTube! www.youtube.com/c/bitcoinandmarkets
THANK YOU LISTENERS!
--------------------
Music by Joakim Karud and Kontekt
Listen to WCN Audio Podcasts:
https://itunes.apple.com/us/podcast/world-crypto-network/id825708806?mt=2
Call Us LIVE!
SKYPE WorldCryptoNetwork
Track the Mayer Multiple on WCN: https://www.worldcryptonetwork.com/price
Check out the brand new http://WorldCryptoNetwork.com/
Follow WCN on Twitter:
https://twitter.com/WorldCryptoNet
Subscribe to the WCN YouTube Channel and participate in the live chat!
https://www.youtube.com/user/WorldCryptoNetwork