Bitcoin Price Fundamentals Analysis for 8/12/2018

Bitcoin time: 536,453 | E127

**DISCLAIMER: This is not investment advice, do your own research.**


SUBSCRIBE

Acast | iTunes | Stitcher | Google Play | Discord

ADD OUR RSS feed to your podcasting app

https://rss.acast.com/bitcoinandmarkets


SUPPORT THE SHOW!

Donate BTC, LTC, PayPal

Be a PATREON member


All sources are below

New to bitcoin? Start here


PRICES

Price: $6327  | 1 finney: $0.63

Daily 200 SMA: $8130

Mayer Multiple: 0.77

FUTURES

Okex Futures: (Sep) $6249 (spread -$80)

CME Futures: (Aug) $6165 (Sep) $6255 (open interest 2,833 / 14,165 btc)

Bitmex Futures: (Sep) $6268 (Dec) $6267

SENTIMENT

Longs / Shorts: 29,000 / 26,200 (1.10)


MARKET – TXS

Market Cap: $109 B

Global Bitcoin MC: $215 b

Maximalist Price: $12,500

Volatility 30-day: 3.78%

On chain vol (24h): 695,884 btc ($4.4B)

Avg tx val (24h): 3.91 btc ($24 k)

Median tx Val (24h): 0.058 btc ($366)    


MINING

Difficulty: est. -7% (last 3: -3%, 5%, 2%)

Mining profitability: $0.22 THash/day

Blockchain size: 209 GB

Mempool: 3MB

Median on chain fee: $0.07/tx


DEVELOPMENT

Merged PRs    : 31

Closed issues : 8


LIGHTNING

Capacity: 95 btc

Channels: 11.1k

Nodes: 3050

Channels/node: 3 ( wrongly quoted 10 on the show )

Cap/channel: 0.009 btc ($54)

Cap/node: 0.045 btc ($280)


GOOGLE TRENDS

Slight positive trend appearing on the 30 day google trends. Watching this for more upward movement. Showing support


REGULAR SOURCES

General source: https://bitinfocharts.com/bitcoin/

Mayer Multiple: http://mayermultiple.com

CME futures: http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

Volatility: https://bitvol.info

Network stats: http://fork.lol/

Difficulty: https://bitcoinwisdom.com/bitcoin/difficulty

Real time fees: https://tradeblock.com/bitcoin/

Fee chart: https://jochen-hoenicke.de/queue/#3m

Visualizations: https://bitcoinvisuals.com/

Bitcoin github: https://github.com/bitcoin/bitcoin/pulse

Optech: https://bitcoinops.org/en/newsletters/2018/08/07/

LN testnet: https://explorer.acinq.co/#/

LN nodes: https://lnmainnet.gaben.win/#

LN stats: https://1ml.com/statistics

Google trends “bitcoin”: https://trends.google.com/trends/explore?q=bitcoin


FOLLOW

Host: @AnselLindner

Show: @btcmrkts

Instagram

THANK YOU LISTENERS!

Music by Joakim Karud

Get Member Only Episodes and Commercial Free Episodes!!