
About this episode
PoW! Bitcoin Market Update
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*** Momentum is definitely slowing. But I expect good news to outweight bad for the rest of the week. Could test $4k before breaking $4500.
Prices
Bitstamp - $4301
3M Futures - $4225
spread - -$75
Market Cap - $71B
Global MC - $144B
Maximalist Price - $8702
Avg Tx Value on chain - $2874 - I'd like to see this higher
Difficulty Last change was 1.85%. Fork.lol was closer.
-2.2% or +35%
https://bitcoinwisdom.com/bitcoin/difficulty
http://fork.lol/pow/retarget
Mempool - <1MB
My theory didn't hold on this last round of difficulty swap with Bcash and bitcoin. The blocks slowed down so much, the mempool got above 12MB for a few hours. I'm still watching this relationship. If you guys have any ideas about this, comment or twitter.
Localbitcoins - $52M transacted last week
Paxful volume hit $10.1M
Total over $62M public OTC
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Goldman Sachs is considering a bitcoin trading desk
https://www.coindesk.com/report-goldman-sachs-considering-bitcoin-services-clients/
Don't let the big boys dilute you.
Bizcoin, ticker $BIZ
Charlie Lee talked about what he sees is coinbase's likely plan. Offer both.
There's no user led movement for 2x. It's obviously a corporate take over when only CEOs are speaking out about it.
Jeff Garzik got schooled yesterday, trying to say a block increase was written by Satoshi.
They are looking at doing covert signaling for 2x, due to 0.15's new banning of nodes that propogate signaling for 2x. We'll see how they push out a simple fix. There's only 203 btc1 nodes.
BTW Coin.dance's node page for bcash still isn't up. I wonder how many nodes they have. 50?
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Music by Joakim Karud
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