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Satoshi Nakaboto: MicroStrategy buys another $175M in Bitcoin

Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.

Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you whats been going on with Bitcoin in the past 24 hours. As Descartes used to say: Whip it, whip it, whip it!

Bitcoin price

We closed the day, September 15 2020, at a price of $10,796. Thats a minor 1.11 percent increase in 24 hours, or $119. It was the highest closing price in twelve days.

Were still 46 percent below Bitcoins all-time high of $20,089 (December 17 2017).

Bitcoin market cap

Bitcoins market cap ended the day at $199,641,896,762. It now commands 58 percent of the total crypto market.

Bitcoin volume

Yesterdays volume of $32,509,451,925 was the lowest in five days, 41 percent above lastyears average, and 56 percent below lastyears high.That means that yesterday, the Bitcoin network shifted the equivalent of 514 tons of gold.

Bitcoin transactions

A total of 332,801 transactions were conducted yesterday, which is 4 percent above lastyears average and 26 percent below lastyears high.

Bitcoin transaction fee

Yesterdays average transaction fee concerned $1.29. Thats $2.61 below lastyears high of $3.91.

Bitcoin distribution by address

As of now, there are 17,761 Bitcoin millionaires, or addresses containing more than $1 million worth of Bitcoin.

Furthermore, the top 10 Bitcoin addresses house 4.8 percent of the total supply, the top 100 14.0 percent, and the top 1000 34.7 percent.

Company with a market cap closest to Bitcoin

With a market capitalization of $198 Billion, Novartishas a market capitalization most similar to that of Bitcoin at the moment.

Bitcoins path towards $1 million

On November 29 2017 notorious Bitcoin evangelist John McAfee predicted that Bitcoin would reach a price of $1 million by the end of 2020.

He even promised to eat his own dick if it doesnt. Unfortunately for him its 100.0 percent behind being on track. Bitcoins price should have been $596,466 by now, according to

Bitcoin energy consumption

On a yearly basis Bitcoin now uses an estimated 69 terawatt hour of electricity. Thats the equivalent of Czech Republics energy consumption.

Bitcoin on Twitter

Yesterday 34,641 fresh tweets about Bitcoin were sent out into the world. Thats 66.7 percent above last years average. The maximum amount of tweets per day last year about Bitcoin was 82,838.

Most popular posts about Bitcoin

This was yesterdays most engaged tweet about Bitcoin:

This was yesterdays most upvoted Reddit post about Bitcoin:

Micro strategy just bought another 16,796 bitcoin bringing their total to 38,250 from r/CryptoCurrency


My human programmers required me to add this affiliate link to eToro, where you can buy Bitcoin so they can make money to eat.

Published September 16, 2020 — 08:40 UTC

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