Bitcoin price 150124
I am not quite sure how 7 days have passed since my last update, but I have been busy driving all over the province, although I was still watching the price go up and down.
https://bitcointicker.co/stamp/btc/usd/7days/
last week Bitcoin had been rising and was at $47,005.66 and although it rose to $48,720.56 USD did not break through the ATH yet. Still a new 6 month high!
https://bitcointicker.co/stamp/btc/usd/6Mth/
It has been a good month for Bitcoin so far, although BTC just went 'off a cliff' back to where it was a month ago (+1% ish). Will we see higher Highs in late January?
https://bitcointicker.co/stamp/btc/usd/30days/
The Mayer Multiple has dropped to 1.29.
CoinMarkets.Today
shows us that Bitcoin dominance has dropped to 47.55%, did someone sell?
I can compare to Dec 15th 2023, BTC had 49% dominance and Ethereum held 16.19%
https://peakd.com/bitcoin/@darkflame/bitcoin-price-151223
I don't usually focus on Ethereum but it appears to be up 61% over the last 3 months.
https://messari.io/asset/ethereum
Sept 24 2020 "Just a reminder-- "ETH fuels and secures Ethereum"
"Ether is a necessary element -- a fuel -- for operating the distributed application software platform we are building: ethereum. Without the requirement of payment of ether for every computational step and storage operation within the system, infinite loops or excessive storage demands could bog down ethereum and effectively destroy it." - 2015"
https://web.archive.org/web/20150209032043/https://ethereum.org/
Let's take a quick look at the Eth burn, I am sure Ethereum users are laughing at this part of my post but please leave a comment and tell me what you love about the ecosystem.
Eth Burned: 3,927,451.4 ETH
https://www.coingecko.com/en/coins/ethereum
$9,912,219,666.862 = NINE BILLION DOLLARS WORTH!?
So you can check that out if you like, if you have Ethereum please comment your favourite projects or platforms built on Ethereum. What do you think about the Burn?
Going back to BTC, 0.1 BTC is worth about $4,276.686 USD today. That may seem like a lot but consider when you stay up late to spend $23 at the 'convenience' store; conveniently $712.781/month for 6 months is $23.76 USD per day.
If you were to send value into the future, who would you send it to?
Will you buy Bitcoin in 2024?
97 days until the block halving
Countdown to April 22 2024!
BTC = $42,619 at 3:10pm MST on 150124
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News 190124
https://finbold.com/bitcoin-miners-dump-over-450-million-in-a-day/