Bitcoin & Markets "Lightning Network and Price Manipulation" - 1/26/2018
Jan 26, 2018
41:37
Bitcoin & Markets 1/26/18---New to bitcoin? Looking for more info? Do your own research! Start here. http://bitcoinandmarkets.com/resources and here https://bitcoin.org Run a Full Node. --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets or to donate bitcoin, litecoin or paypal http://bitcoinandmarkets.com/donate --- Disclaimer: This is not investment advice, do your own research, this is all psuedoscience. Sources below. ---- PRICES -------------------- Bitstamp: $10,454 / 1 finney: $1.04 Mayer Multiple: Spot/200 MA ($7503) = 1.4 3M BTC Settled Futures (Mar): $10,700 / spread: + $250 or 2.3% CME Futures: Jan18 $10,345 / Mar18 $10,345 / Jun18 0 vol (1) Bitmex Futures: Mar18 $10,677 / Jun18 $11,130 Futures are not manipulating this price. 139 contract (695 coins) open interest on the contracts expiring today. 144 (720 coins) offset positions today. Self fulling prophecy. MARKET SIZE and TRANSACTIONS -------------------- Market Cap: $177 B Global Bitcoin MC: $514 B Maximalist Price: $30,386 USD value tx'ed on-chain /24h: $2.1 B Avg tx Val /24h: $8,974 SECURITY -------------------- Difficulty: 18% increase yesterday. est. 1% to +9% in 12 days (2)(3) FEES -------------------- Mempool: 10MB, ~15 sat/b (4)(5) 105MB if you measure everything Lightning scared the spammers. What I said about the spammers pushing lightning forward. DEVELOPMENT -------------------- Merged PRs: 18 merged PRs and 18 closed issues (6)(7) Lightning Network: 3.2 btc capacity, 662 open channels, ? nodes - ? channels/node (8)(9) OTC VOLUME -------------------- Localbitcoins: $131M/wk then a weird week of $66M Paxful: $11M/wk ATH then a weird week of $5M LedgerX: $1.2M/wk (10) Gemini Auction: $11M/wk (11) Total public OTC data: $156.2M/wk PSA: Support p2p exchanges like https://bisq.network/. Not free from privacy concerns. http://otcbtc.com/ NEWS -------------------- Explained the metrics On the Bitcoin News Show https://www.youtube.com/watch?v=dHwfMYJ35Mk&t=5838s many of the topics today can be tied into privacy Talk about Lightning. Dollar, Syria, stocks and bonds. Substatum is probably like 95% of ICOs https://medium.com/@YagamiLight/the-technical-red-flags-of-the-substratum-network-sub-1f34e8b5ffcb Saving the stock market or the dollar SOURCES -------------------- 1. CME futures: http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html 2. Network stats: http://fork.lol/pow/retarget 3. Difficulty: https://cryptothis.com/diff/ 4. Real time fees: https://tradeblock.com/bitcoin/ 5. Visualization: https://jochen-hoenicke.de/queue/#3m 6. Bitcoin github stats: https://github.com/bitcoin/bitcoin/pulse 7. Ranking: https://www.coingecko.com 8. LN capacity: https://p2sh.info/dashboard/db/lightning-network?orgId=1 9. LN nodes: https://lnmainnet.gaben.win/# 10. LedgerX: http://data.ledgerx.com/ 11. Gemini Auction: https://gemini.com/auction-data/ LINKS -------------------- (a) Lightning apps: http://dev.lightning.community/lapps/index.html FOLLOW -------------------- Host: @AnselLindner https://twitter.com/AnselLindner Show: @btcmrkts https://twitter.com/btcmrkts We're on YouTube! https://www.youtube.com/c/bitcoinandmarkets THANK YOU LISTENERS! -------------------- Music by Joakim Karud and KVN