Bitcoin Price and Fundamentals Update - 5/17/2018

=== BITCOIN & MARKETS === block height 523,100 - 5/17/18Search the show on Soundcloud, YouTube, iTunes, and Stitcher Part of the World Crypto Network audio feed on Acast. New to bitcoin? Start here: http://bitcoinandmarkets.com/resources **Disclaimer: This is not investment advice, do your own research.** All sources are below. ========================= SUPPORT THE SHOW! -------------------- Donate BTC, LTC, Paypal : http://bitcoinandmarkets.com/donate Patreon is the best way : https://www.patreon.com/bitcoinandmarkets -------------------- PRICES -------------------- Price : $8285 (finney $0.82) 200 SMA : $10217 Mayer Multiple : 0.81 Okex Futures : (Jun) $8440 (spread $200 / 3%) CME Futures : (May) $8325 (Jun) $8340 (open interest 2,520 / 12,600 btc) Bitmex Futures : (Jun) $8354 (Sep) $8437 Longs / Shorts : 29,800 / 20,600 (1.44) -------------------- MARKET SIZE and TXS -------------------- Market Cap : $141 B Global Bitcoin MC : $382 B Maximalist Price : $22,465 On chain tx (24h) : 1,086,775 btc ($9.0 B) Avg tx Val (24h) : 5.62 btc ($47 k) Median tx Val (24h): 0.058 btc ($482) NVT (28d) : 136 -------------------- SECURITY and BLOCKCHAIN -------------------- Difficulty : +5% (last 3: 3%, 4%, 9%) Mining profitability : $0.49 THash/day Blockchain size : 197 GB Mempool : 7MB Median on chain fee : $0.37/tx -------------------- DEVELOPMENT -------------------- Merged PRs : 27 Closed issues : 10 -------------------- LIGHTNING -------------------- Capacity : 18.6 - 16 btc Channels : 6642 - 5771 Nodes : 1997 - 1789 Channels/node : 3.3 -------------------- GOOGLE TRENDS -------------------- 12 Mo. : 13 /100 30days : 69 /100 Trend : Still watching this for signs of life. -------------------- NEWS -------------------- Bitfinex is starting to ask for more info and compliance from customers. https://twitter.com/whalepool/status/997028873534627840 Consensus 2018 Jimmy Song, Jack, and magical crypto friends Marshall Long OG scammer is moving on to next scam Offer to help. This is super valuable work. we https://darksidebtc.com/ Bcash forked. 81% of nodes didn't upgrade and were cut off the network. REGULAR SOURCES -------------------- Great source : https://bitinfocharts.com/bitcoin/ Mayer Multiple : http://mayermultiple.com CME futures : http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html NVT Ratio : http://charts.woobull.com/bitcoin-nvt-ratio/ Network stats : http://fork.lol/pow/retarget OTC : https://coin.dance/volume Difficulty : https://bitcoinwisdom.com/bitcoin/difficulty Real time fees : https://tradeblock.com/bitcoin/ Visualization : https://jochen-hoenicke.de/queue/#3m Bitcoin github : https://github.com/bitcoin/bitcoin/pulse Ranking : https://www.coingecko.com LN testnet : https://explorer.acinq.co/#/ LN nodes : https://lnmainnet.gaben.win/# LedgerX : http://data.ledgerx.com/ Gemini Auction : https://gemini.com/auction-data/ Google trends "bitcoin": https://trends.google.com/trends/explore?q=bitcoin -------------------- FOLLOW -------------------- Host: @AnselLindner https://twitter.com/AnselLindner Show: @btcmrkts https://twitter.com/btcmrkts THANK YOU LISTENERS! -------------------- Music by Joakim Karud and Aer