Ethereum Moonshot Week continues for ATH: $100 USD in Sight: This Crypto continues to set Milestones daily in Adoption, Value, Market Cap, All Time Highs!

in #cryptocurrency7 years ago (edited)

$ETH has broken yet another ceiling, like we have seen this week, with many cryptos! It is mooning!! It is almost $98 USD on Poloniex at TOW this article.



CoinMarketCap Overview -- this is a 1 month view:


2 Day Chart:



We are seeing YUGE gains across the board with SO MANY currencies this week. The Bitcoin Dominance Factor is dropping yet Bitcoin and tons of Alt Coins are both gaining. I find this interesting and very encouraging.


Eth. Classic is making large gains the last week too! Bitcoin Dominance Factor dropped again, another all time low, first time hitting below 60% this week, and this is of course directly related to the Ethereum rise and gains, among other coins.


Top Coins sorted by Market Cap:

This means that out of all the Crypto Currencies on the market -- $BTC makes up 57.6 of the volume. Not long ago it was 90-95% of the space! This is a neat stat to always watch here on CoinMarketCap.com

$ETH 2 week chart - Polo:


I would like to point out something that is obvious in the numbers too but nobody is really discussing. Again you can see the proof here and at the top of the page again in small blue writing on CoinMarketCap.com

- and that is, that Bitcoin is doing $25B of volume yes... but the interesting correlation here is that there is still nearly $19B of volume NOT being done in Bitcoin!! Nearly $19B worth of crypto money is NOT IN BITCOIN VOLUME, or about 38% of the total crypto space market cap!


I have been watching this, watching Alt Coins make big gains.... watching Bitcoin make huge gains, watching these numbers and factors here work together and it is really something amazing to me.

All this new money is flowing into the Crypto space, the best products are making gains, and gaining traction, and I would say that people are pulling their money out of the fraudulent fiat, centralized government backed and regulated spaces and seeing Liberty and Freedom in the decentralized markets and ideas and THAT is a partial reason why you are seeing the...

having your cake and eating it too gains on both sides, in the crypto space.

And look, it is a Crypto FORK too! LOL


There are lots of things to consider and discuss with this, sure...... but what I want you to pull out of this today, is that the numbers and trends discussed here, today, that nobody is really mentioning, do not lie.



~19 Billion (%) of the total ~$44B crypto space and markets / money is in crypto OTHER than Bitcoin!! That's a yuge amount.







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Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX

DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS

PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh

Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv

Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s

Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a

ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL


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it may just be people jave awoken from their post morten sleep... we are in for thd ride of our lives and not just in crypto-land!

This week has been crazy in crypto! ETC is moving nicely, I know you said (very prophetically I may add) that you believed ETC was undervalued, what do you think a fair price is for ETC? I have to thank you again, it was through reading your blog I was informed or Barry Silbert and Grayscale.

I have had issues on my end here, was offline for a full day and always take time offline daily, purposely, 7 days a week and walk this out, like my Digital Detox series here online.


As for the question, you would have to give a timeline for an Estimate for Pricing, a week, a month, a year, you cannot leave an open ended question in a $$ market my friend lol.


ETC will be implemented into many projects without getting into the code.

If you were implementing ERC 20 compliant stuff, would you want to pay $100 USD for gas, or $9 -- considering the code is essentially the same, is what I ask people.

(:

Very good point. I guess I would say the short term 1-3 months, however after reading your other statement, it would appear to me that ETC may have a bright future in the longterm.
"If you were implementing ERC 20 compliant stuff, would you want to pay $100 USD for gas, or $9 -- considering the code is essentially the same, is what I ask people."
I haven't heard it phrased that way before...concise,simple and makes a lot of sense. Valuable info.

And, you are too kind to me, your support and encouragement like this, helps me going on a tough day

Crypto and freedom lovers need to stick together :) Keep Steeming @barrydutton

some neat comments by you here.

Had some talks on this and LiteCoin with our friend @ericvancewalton many weeks ago on these things!

BarryDutton Barry Dutton tweeted @ 05 May 2017 - 04:00 UTC

#Ethereum #Moonshot! $ETH #ETH ~$100 $USD #CryptoCurrency #Liberty

steemit.com/cryptocurrency… / https://t.co/koysxSWyea

Disclaimer: I am just a bot trying to be helpful.

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