"Not a Bubble" - 12/19/2017

What this episode covers

Bitcoin & Markets Update 12/19/17 --- New to bitcoin? Looking for more info? Do your own research! Start here. http://bitcoinandmarkets.com/resources --- 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 --- Disclaimer: This is not investment advice, do your own research, this is all psuedoscience. ---- PRICES Bitstamp: $18,150 1 finney: $1.81 Mayer Multiple: $5412 = 3.3, No change, (blowoff tops happen around 7) 3M Futures: $20,070 spread: + $2000 CME Futures 3M - $18,435 http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html MARKET SIZE and METRICS Market Cap: $304 B Global MC: $607 B Maximalist Price: $36,325 Avg on-chain tx value: $12,361 BTC dollar value tx'ed on-chain (24h): $4.8 B NETWORK STATS Difficulty: +17% yesterday, another +11% est in 11 days http://fork.lol/pow/retarget - New stats and look, I like it. https://cryptothis.com/diff/ Mempool: 29MB - This is about the perfect size https://tradeblock.com/bitcoin/ 40MB of 1 sat/byte txs. Spam for sure. https://jochen-hoenicke.de/queue/#3m The 6 sat/byte theory. https://twitter.com/JoshuaJBouw/status/941625444700270592 Merged PRs: Bitcoin: https://github.com/bitcoin/bitcoin/pulse Geth: https://github.com/ethereum/go-ethereum/pulse Bcash: https://github.com/bitprim/bitprim/pulse https://github.com/paritytech/parity-bitcoin/pulse https://github.com/bitcoinxt/bitcoinxt/pulse https://github.com/Bitcoin-ABC/bitcoin-abc/pulse https://github.com/BitcoinUnlimited/BitcoinUnlimited/pulse Blockstream is responsible for only 8% https://twitter.com/_jonasschnelli_/status/859389367105851392 OTC VOLUME Localbitcoins: $100.7M/wk Paxful: $8.3M/wk LedgerX: $6.0M/wk http://data.ledgerx.com/ Total public OTC data: $115.0M - $111M/wk last PSA: Centralized exchanges are invasive, slow and outside your control. Check out p2p exchanges like https://bisq.network/ (hit $226k in volume!) --- Bubble, bubble, bubble Pyramid schemes and ponzi schemes, Pain is a good teacher, these people aren't going away, they're here to stay. Why Coinbase, BitPay and BCi are not implementing Segwit ZeroLink https://medium.com/@nopara73/zerolink-massive-scale-coinjoin-is-about-to-be-deployed-participate-in-the-final-test-and-earn-6225939d15fb Please participate!! Testing on 20 Dec. Download and setup, all the instructions are on the medium post. Craigslist http://www.businessinsider.com/craigslist-added-a-button-to-accept-cryptocurrencies-as-payment-2017-12 I think this is kind of big, but not because I think people will use it, people will see it, it'll jog their memory of hearing about it before. --- 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 --- Thank you bitcoin. We are all Satoshi. Run a Full Node. Music by Joakim Karud and Kontekst

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