Did you HODL?? Or SODL?? LOL | E.26 | What was your Week in Crypto like? $197B Total Market Cap. | 7 Days: + $20B | Community Engagement Series. | Still Includes Charts/Market Overview & History of Where HODL Comes From for New Crypto Family.

in #bitcoin7 years ago (edited)

Well another interesting week in Crypto! LOL


Huge Gains and New ATH's!!!!


We are in the midst of another huge rise in the markets the last few days.

Bitcoin has really led that charge!

https://steemit.com/bitcoin/@barrydutton/bitcoin-in-canada-smashes-thru-the-usd9953-usdcad-mark-usd7590-usdusd-today-8-45-am-est-nov-5th-2017-or-a-fun-post-filled-with


Details on my blog as my regular updates are done 3-5x/ week usually....

https://steemit.com/bitcoin/@barrydutton/bitcoin-in-canada-smashes-thru-the-usd9953-usdcad-mark-usd7590-usdusd-today-8-45-am-est-nov-5th-2017-or-a-fun-post-filled-with

Last several updates: https://steemit.com/bitcoin/@barrydutton/did-you-hodl-or-sodl-lol-or-e-24-or-what-was-your-week-in-crypto-like-usd170b-total-market-cap-or-7-days-about-even-or-community

https://steemit.com/bitcoin/@barrydutton/crypto-market-update-bitcoin-moonshot-week-growth-continues-usd1b-7-days-or-market-shakeout-and-stability-lines-ongoing-or-huge


We are used to seeing unprecedented growth in the entire Crypto Currency space, not just in Bitcoin.

Are you HODLing everything? SODL some? Moved profits into one place or another?

What's your take on things here?

Share your experiences with us and we can all laugh, learn, help one another.



As of just now about 3:50 pm EST 11/6/2017: $197B total crypto market cap. We hit $200B a few days ago!

--- the CMC.com (CoinMarketCap.com) charts are showing our total market cap for Crypto is still elevated and climbing all week- overall compared to the last month of course......due to the FUD in the Far East markets etc.

Basically we have gained ~$50B in ~30 days:

The Sept. 2nd huge ATH's that touched the $180B mark were gamechanging as resistance lines were continually tested and smashed the weeks leading to that day.

My links to my other posts there above explain it in much more detail.

We are seeing essentially stability around the $175 to $180B mark lately, truth be told the last few days.

Markets responded , fell, and have been bleeding red again for many of the last 30 days.

Some pronounced green/recovery/gains late the last few days.

We were approaching the Sept. 2nd ATH earlier this month for total market cap of $180B, before a pullback again to the $170B range where we have spent so much time the last ~2 weeks.

Now we have smashed well past that resistance line again of $180B and it plowed right thru the $200B range days ago......on Nov. 3rd. History Made Again!!!

https://steemit.com/cryptocurrency/@barrydutton/crypto-history-again-for-us-we-finally-crossed-over-the-usd200b-total-crypto-market-cap-today-it-happened-about-8-30-am-utc-or-4

We are sitting at $197B today, as it kept rising lately, with new money coming into all the bitcoin and the alts space ---- do not be surprised to see a pullback again shortly and then potential settling around the $180B mark for awhile as the markets find their water marks. I've said that the last few days.


Top 20 Coins sorted by Market Cap:




Recent History, Quotes, Charts/Blogs & Resources:


~ say 11:30 pm EST on Sept. 1st - we were RIGHT on the cusp on crossing the $180B mark for the first time......we were at yet more new ATH's and records!

We fell overnight from that point to $162B -- Losing approx. $17B.

It often happens on FUD Fridays as we know.

Right afterwards - we were sitting at $170B and as in the titles of my blogs -- we did gain and lose about $10B the last few days again and seeing that $170B mark for this 7 day stretch about the norm.

Nov. 3rd 2017 -- Crossing the $200B total Crypto market cap for first time: -- https://steemit.com/cryptocurrency/@barrydutton/crypto-history-again-for-us-we-finally-crossed-over-the-usd200b-total-crypto-market-cap-today-it-happened-about-8-30-am-utc-or-4

--


Sept. 2nd 2017 was a HUGE ATH! Touched the $180B Total Crypto Market Cap


Bitcoin (as my regular updates will show) was RIGHT on the very edge of crossing the $5k mark USD for the first time, it was literally around $4980/$4990 USD!!!! (Sept. 1st, 2017 later at night.)

Oh so close!!!

Reminder / Proof / Charts etc are here from the big Sept. 2nd night :

https://steemit.com/bitcoin/@barrydutton/bitcoin-about-to-break-usd5k-or-usdbtc-in-canada-smashes-past-usd-6220-mark-or-usd-4980-usd-or-usd179b-crypto-market-cap-usd27b

That is the Sept. 1st /2nd post - Record Breaking (latest) night. I went to bed and we know what happened overnight to markets "correcting".

--

-- I am hopeful it just stays solid with nice slow increases and does not crash again losing fully half the market cap.......again.

Ever.

--

LOL


-- We have been down almost ~$55B in ~13 days / since Sept. 2nd ATH night.

-- my last update on THIS series here, 7 days ago on the 14th, means we are up ~13B since then.

And well, as a result, if you like good news -- balanced perspective like I always try to give.

We recovered a bit... and then late-week FUD as we discussed hit and drained the markets again.


$125B is where the Crypto Market Cap sits right now. 6:15 pm EST - Sept. 21st 2017

I am still optimistic! LOL


Recent Market Cap History:


$150B Crypto Market Cap crossed 1st time ever: 8/23/2017!

$179B Crypto Market Cap " " " 9/1/2017

$147B Crypto Market Cap " " " 9/9/2017 - 12:55 pm EST

$112-15 B Crypto Market Cap " " " 9/14/2017 - 10:05 pm EST (It hit $112B today ~5 pm EST)

$125B Crypto Market Cap " " " 9/21/2017 - 6:15 pm - Lost $10B overnite + today

$155B " " " 10/11/2017 - 5:15 pm - Up about $12B/7 Days

$170B " " " 10/24/2017 - 4:15 pm EST - Bitcoin Gold Forkening Week (volatility)

$182B " " " 10/31/2017 - 5:40 pm EST - +$12B Gained/ 7 Days - BTC Mooned!

$200B * " " 11/3/2017 - 4:30 am EST - +$18B Gained / 3 days

--

https://steemit.com/bitcoin/@barrydutton/bitcoin-in-canada-usd5525-mark-high-or-usd-4248-usd-high-or-recovery-mode-or-usd153b-crypto-market-cap-gains-usd5b-overnite-or


Just perspective / We almost crossed the Crypto Market cap of $180B in the last 20 hours of Sept. 1st 2017:

https://steemit.com/bitcoin/@barrydutton/bitcoin-about-to-break-usd5k-or-usdbtc-in-canada-smashes-past-usd-6220-mark-or-usd-4980-usd-or-usd179b-crypto-market-cap-usd27b


Half the Market Cap DUMPED as I mentioned above has happened to us before.......As we did just around June 21st, when it hit the high of $117B and then tanked into the $65 to $95B range for weeks.

Those were bloodbath times. Shudders -- Even though the dramatic rise, signalled a clear correction would be coming.


Thanks for reading, have a nice day.

HODL Img. sourced from the LEGENDARY thread where the term HODL was first..... coined - LOL. - BitcoinTalk.org
https://bitcointalk.org/index.php?topic=375643.0
If you are new to Crypto or do not know the story -- Please open that link in a new tab, take a couple mins. and read the funny thread/story, you need to know your Crypto history folks!

(:








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Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.

This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.

I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.

Carry On.

Sort:  

Given the uncertainty of segwit2x, I am far more comfortable sitting in the SODL camp. My "technical indicator" to unload triggered a few days ago at ~6900, meanwhile BTC went significantly higher. Charts from today seem to confirm the sentiment to sell, and various opinions have consensus that a pullback to $6k or even $5k makes "sense", but who says cryptocurrency has to make sense?!
Bitcoin Cash = free money
Bitcoin Gold = free money
Segwit2X ?= dice roll

I have been having private talks with some people myself the last few days, to see who is taking profit for BTC at these levels taking the temperature for things.

You make valid points.

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