Over 600K Bitcoins, currently worth almost $7 billion, is owned by public companies. This represents about 3.3% of the total circulating supply of BTC and 2% of the entire cryptocurrency market cap ! (x-post from /r/Bitcoin)
There are currently around 17,005 Bitcoin addresses holding a balance of $1 million or above, according to the data of BitInfoCharts. There are around 158,545 addresses containing more than $100,000 worth of Bitcoin. It has become one of the most profitable financial asset of all time.
Happy bitcoin pizza day and this year it's the 10 year anniversary of it. It has become iconic because "laszlo" offered 10,000 BTC for 2 large pizzas. At the time that was $40, currently it's worth $91 million.
A chart on the halvening- Right now, over $100,000 dollars worth of brand new bitcoin is awarded every 10 minutes, and the market has to absorb that. Soon, it will be $50,000 given the current price. No projections, just math.
06-16 08:14 - 'So guys i found this app where you get free $CHSB and a small amount of btc predicting btc price daily 24H moves (up or down). With small effort you can get easily 400 tokens which worth over 30 dollars at current price (32,8$...' by /u/johnyk21 removed from /r/Bitcoin within 6-16min
''' So guys i found this app where you get free $CHSB and a small amount of btc predicting btc price daily 24H moves (up or down). With small effort you can get easily 400 tokens which worth over 30 dollars at current price (32,8$ to be exact). So what to do? 1. Install the app on the app store [[link]2 2. Use the code SYIXCZQ when it asks for the referral code (only works if you use the code and the link) 3. Done! You will receive 3,000 CHBS points. 4. Predict daily bitcoin swings (up or down) and earn badges (more CHSB) and climb the ladder for btc. 5. Very cool and well design app have a look at it ''' Context Link Go1dfish undelete link unreddit undelete link Author: johnyk21 1: www.swissbor*.c*m/comm*n**y-**p*referr** 2: w*w.s*issbo*g.c**/com*uni*y-a*p-r*f*rral]^^* Unknown links are censored to prevent spreading illicit content.
Another 77.64 #Bitcoin (about $800,000) from the #Bitfinex hack in 2016 was transferred by hackers on Tuesday to an unknown account. A total of 120,000 BTC✨ worth over $1.2 billion💰at the current price was stolen from the said exchange four years ago.
Currently ~14M USD worth of Bitcoins are mined a day, ~420M USD a month. After halving we need ~210M USD less new money every single month to stay at the same price.
Just think about it, these numbers are huge (even at the currently dropped prices!). We need 420M USD of new money every single month to just absorb the newly mined Bitcoins at a price of 8k USD (either bought on the market for $ from non-miners or "bought" by the miners for electricity, which also means for $). If we think about likely above-average investors and assume they can buy $1k worth of Bitcoin every month, we would need 420,000 such investors to just absorb the newly mined Bitcoins. After halving we need 7M USD less buying power every single day, or 210M USD less every month or 2,520M USD less every year. It would be crazy if this doesn't result in increasing prices medium to long term. Short term the speculative effect of the halving will be a larger driving factor for the price (both up and down), but once the dust about the halving has settled there should be notably less sell pressure and thus slowly but steadily rising prices over time (if the demand stays roughly the same). And to those thinking that the amount of newly mined Bitcoins is negligible compared to the total daily trading volume and thus saying the halving will have no impact: that's a flawed argument. The big big majority of the daily trading volume is 1) fake volume from stupid exchanges, 2) bots constantly trading back and forth with what ever strategies they use (arbitrage etc.), 3) people day trading, i.e. also trading back and forth to make profits. Only a tiny tiny part of the total trading volume are people actually selling without buying back at a lower (or higher if they screwed up) price and only that volume needs to really be absorbed by new money. I would argue that the newly mined Bitcoins are a decent chunk of that "net sell volume", so they absolutely have a rather large impact on the price.
05-24 14:05 - '\*alt coin altert, but... install Theta Edge Cacher on your PC, receive 150 TFuel a day, at the end of the month convert to Bitcoin. It's currently working out to about $60 a month worth for free for me. No catch...' by /u/RiotOnVijzelstraat removed from /r/Bitcoin within 252-262min
''' *alt coin altert, but... install Theta Edge Cacher on your PC, receive 150 TFuel a day, at the end of the month convert to Bitcoin. It's currently working out to about $60 a month worth for free for me. No catch, unless you have capped broadband (I don't, but I know a lot of Americans do) ''' Context Link Go1dfish undelete link unreddit undelete link Author: RiotOnVijzelstraat
Admins of Evolution Marketplace, the current leading iteration of Silk-Road-esque black markets, close down site and abscond with $12,000,000 worth of Bitcoins, scamming thousands of drug dealers. Talk of suicide, hit-men, and doxxing abound on /r/DarkNetMarkets
There currently isn't enough Bitcoin for every Reddit user on to own more than 0.066 of one ($262.90 worth at time of writing). Reddit users alone could collectively make Bitcoin the most scarce and sought after store of value in the world with a relatively small investment.
Bitcoin Price (BTC). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. Skip to content. Prices. Products. Company. Earn crypto . Get $171+ Sign in. Get started. Price charts Bitcoin price. Bitcoin price (BTC) Add to Watchlist $ 13,070.01 +0.56%. 1h. 24h. 1w. 1m. 1y. all. $0.0000 January 1 12:00 AM. 10:56 AM 3:06 PM 7:17 PM 11:27 PM 3:38 AM ... Bitcoin was first presented to the world in 2009 by an anonymous identity known as Satoshi Nakamoto. As Bitcoin works on a decentralized network, it is completely free from the involvement of third-party financial institutions or central banks. The Bitcoin blockchain facilitates instant peer-to-peer transactions at minimum transactions fees required to maintain the network. The total number of ... he CoinDesk Bitcoin Calculator converts bitcoin into any world currency using the Bitcoin Price Index, including USD, GBP, EUR, CNY, JPY, and more. Bitcoin USD price, real-time (live) charts, bitcoin news and videos. Learn about BTC value, bitcoin cryptocurrency, crypto trading, and more. Bitcoin currently has 18.48 million units in circulation, each worth $11,722 at today's value. This places Bitcoin's M0 cap at $216.5 billion, making it around half the size of the Indian rupee and just over one-tenth the size of the US dollar. At its current market cap, Bitcoin has a money supply worth more than 170 different fiat currencies.
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