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Author Topic: New All Time High (in "market cap")  (Read 766 times)
Peter Lambert (OP)
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October 24, 2013, 03:57:32 PM
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Today we reached a new all time high in the market cap of bitcoins. See the chart here: Bitcoin Market Capital

Although the price per bitcoin is lower now than it was back in April, the supply of bitcoins has continued to increase by about 3600 btc per day.

The market cap of bitcoins (some people prefer to use a term like money supply) is now about 2.7 billion USD.

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October 24, 2013, 04:18:18 PM
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Today we reached a new all time high in the market cap of bitcoins. See the chart here: Bitcoin Market Capital

Although the price per bitcoin is lower now than it was back in April, the supply of bitcoins has continued to increase by about 3600 btc per day.

The market cap of bitcoins (some people prefer to use a term like money supply) is now about 2.7 billion USD.

Very nice!

I'll start quoting this number now.

more or less retired.
knight22
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October 24, 2013, 04:53:38 PM
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Congratulation everyone  Grin

Peter Lambert (OP)
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October 24, 2013, 04:59:19 PM
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So at a price of 210 USD, the bitcoin market cap is going up by $756000 per day, all going directly to the miners. The miners additionally get any transaction fees, which is averaging about 35 btc per day right now, or about just 1% of the block subsidy.

Chart showing transaction fees

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The best place for betting with bitcoin: BitBet.us
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