PoW Bitcoin – 7/10/2017

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BTC Market Update as of 7/10/2017
Bitstamp $2515
Okcoin 3M futures $2522
Futures Spread $7
Localbitcoins vol (24h) $2.9 mil
Network vol (24h) $649 mil
Avg Tx Value $3454
Mempool 2MB
Difficulty est. 8% in 4 days
BTC val density $334k/MB
Gold $1207
DXY 96.14

Sources: PricesLocalBitcoinsBlockchain VolumeDifficulty, Mempool, Gold, DXY

Evidence of spam transactions. This isn’t concrete evidence, obviously it’s circumstantial, but it’s convincing to me.

The censorship crap has returned. Moderation isn’t censorship. If we all know your arguments and are bombarded with them daily, it’s not censorship.

Emin Gun Sirer is back and he’s blackmailing Greg Maxwell to disavow Peter Todd.

Bitcoin Unlimited is having trouble finding devs. Their reasoning is classic. We are watching these devs get a lesson in consensus. BU miners should switch to UASF to get back at the wicked miners that have forsaken them.


Music by Joakim Karud

Ansel Lindner Written by:

Ansel is a bitcoin specialist, economist, and podcast host.