What Are YOU Trading Today, & WHY? | E.43 | A Community Based Engagement Resource for Everyone! Aug. 10th - 2017 Basic Crypto Market Stats/Charts Overview for Newer Crypto Family! | Market Cap recovery support climbs again- $125B

in #bitcoin7 years ago (edited)

Today I'm continuing this series, hoping people will read, engage, respond, help each other etc - I will do this a couple times a week so people see it is a regular series and place they can always come and refer to the resource.


The markets have been bleeding RED for a lot of the last ~45 days!

  • We have gone back over the $100B market cap just in the last 9 days or so and stayed there just above -- buoyed by the Hard Fork / The Forkening of the Bitcoin on Aug. 1st...... into the Bitcoin Cash. Symbol -- $BCH

We hit that market cap low point on July 16th around 8 am EST -- seeing the bottom around the $63B mark


90 Day Market Cap chart (CoinMarketCap.com)

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30 day Chart " " "

TODAY: $125B MARKET CAP


Please share what you are BUYING or SELLING -- and why???



It's definitely been a rough ride again lately- but recovering well the last 9 days!!! Then down again. Then u....wait.....nope - then down again then back up..... LOL!


19 Days ago when I did my update here on this we were recovering big time....... still depressed but slow recovery at $74B market cap and as high in recovery as $96B.

12 days ago on my update here - we were at $89B. But we had not crossed the August 1st Bitcoin forkening date!!! And then...

6 days ago here on my update we had finally crossed back into the $100B market cap range -- that day sitting at $102B when my update here was posted.

The Bitcoin fork day on August 1st changed everything in a lot of ways in the market -- and that was 9 days ago now and apart from some red / corrections in the market here and there -- we have not looked back and the bull market has been charging ahead --- look at the market cap gains daily since 8/1 - Today now at $125B


https://steemit.com/cryptocurrency/@barrydutton/what-are-you-trading-today-and-why-or-e-41-or-a-community-based-engagement-resource-for-everyone-july-29th-2017-basic-crypto


  • meaning we had gained ~$23.5B market cap in 6 days. That is ~$4B/day gained. The fact is we had gained a lot of that in a couple days alone. Then a pile more of it in another couple days......

  • and we had lost ~ $55B of the total market cap (about half) --- it was up to ~$117B as of June 20th, ~10 pm EST.

The market dumped way down below $70B for weeks starting around the dumpening of the Ethereum "flash crash" that one day.

It has been a fight!! But we love our Crypto!!!

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We have been been hovering around a depressed $90-94B Market Cap MOST of the last 2 months and as stated above, really since the market dumped right after the June 20th $117B ATH market cap.

The lowest points since the first week of June after months of sustained upward growth and news. We have had 3 dumpenings down to this range:


BITCOIN: The Forkening......

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..... has now just come and gone (August 1st 2017 Fork date)

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That was playing havoc with the markets, we know this. There is a lot of jostling going on still now, 9 days post Forkening for this one reason alone, adding the extra volatility to the markets.


Like the last few weeks when I updated this series..... the markets gained some similar recovery for a day and then crashed again.... what are we going to see the next 24 hours - 72 hours??????

We have been in steady bull uptrend the last week as I mentioned above.

-- Never a dull day in Crypto LOL.

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Markets Topped out June 20th / 10 pm EST at $116B:

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You can see the weeks of that proof here in this chart where we topped out at $116.5B on June 20th around 10 pm EST / 6 pm EST. I have shared this chart a few times now:


Please share your Trading Notes and Questions here in this post, to teach/engage/chat with others!

Consider Resteeming this post to get others involved.



COMMUNITY ENGAGEMENT!!!



I am really enjoying doing this series long term, seeing the feedback and questions. I love it (:

COMMUNITY ENGAGEMENT!!!


There are a lot of good people on here who know what they are doing and we can build a solid resource here a couple times a week with all the community and you can check in here on my page a couple times a week and see the latest.

People can ask questions, share their wisdom and failures, and my hope is simple really :



Thanks for reading, have a nice day.



If you liked this blog post - please Resteem it and share good content with others!

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Some of my recent blogs:

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https://steemit.com/bitcoin/@barrydutton/crypto-101-or-video-just-released-andreas-antonopoulous-bitcoin-q-and-a-the-rules-of-bitcoin-part-2-3-mins-super-practical

https://steemit.com/bitcoin/@barrydutton/jaxx-wallet-official-statement-and-advice-to-users-as-they-prep-wallets-for-the-bth-bitcoin-cash-coin-split

https://steemit.com/steemit/@barrydutton/steemit-needs-series-please-comment-with-your-ideas-to-improve-steemit-or-e-12-or-aug-2nd-2017-or-community-engagement-or

https://steemit.com/steemit/@barrydutton/facebook-wallet-fridays-show-me-yours-or-e-8-or-that-s-right-think-on-that-a-new-series-for-outreach-and-to-give-fb-the-business

https://steemit.com/bitcoin/@barrydutton/by-the-numbers-what-a-first-day-for-bitcoin-cash-the-new-fork-of-bitcoin-what-does-it-mean-where-will-it-go-a-piece-of-history

Stock Images in most cases unless noted: via Giphy.com , Funny or Die.com / Pixabay.

If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.

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Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS

PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh

Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a

Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff

Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv

Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s

ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL



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.

Sort:  

Today I'm taking a small risk. Buying Synereo (AMP) because they have just released https://wildspark.me I think the market will respond positive to this in the next few months

Thanks for the comments today!!

So many opportunities lately not buy, sell and trade, so fun! But to be real Barry I am loving this BitConnect thing, taken me weeks of excuses to not try it and its unbelievable, with that and my genesis mining coming in and trading high spiking top ten coin for smaller coins, then they rise! Its all so awesome and fun haha

Sitting on the sidelines at the moment.. to much hype on way too many things..

Great post, I like your post, I will follow every post you

thankyou.png

We would just like to thank you for taking so much time to write such a wonderful and engaging comment. That here is what we enjoy the most. People who love to contribute to the comment section here. #waronspam.

Getting online late today overall, I am dedicating my next post to you @enjar

LOL. Up in a few mins!!

Thanks as always.

#WarOnSpam

We can't wait thats why we always in loss, we have no patience....... Crypto market need a lot of patience..... and the only profit goes to exchanges....
I sold my BTC for BTC Cash today.....
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Interesting move!

Thanks for the comments today!!

Im trading PIVX

Staying in spectator mode for a while. My blood pressure can't handle this chaos, so I'm opting out of trading for the moment.

Besides, I have my Tradeqwik Shares weekly dividends to keep my smiling.

Did you seem y National Smores Day post that went up after this LOL

Reminds me of your backyard!!!

Must've missed that one. I haven't had a s'more since I was kid. I think I outgrew marshmallows. (Too sweet for me.)

Sounds like a fun 'holiday' for lots of folks, tho!

We Family here!!!

Thanks, honestly.......this is a perfect example of why Steemit and blockchains were designed -- to help people like I say in the post I just put up to help someone who is burying her dad.

Pls. check that post and vote/resteem to help if you can Deb. We dropped the ball on her post about it, and I helped a LOT with msgs to whales and it broke my heart considering what trends daily on here making $500.........

There's so much going on in the cryptocurrency world. One moment I'm looking into some promising currency, then the next moment some cryptocurrency I've never heard of has blown up temporarily.

I guess I'll have to wait and do some more reading. Right now I see Siacoins as promising, and maybe Ripple. But there's some doubt floating around in my head.

How about you @barrydutton, what currencies are you looking at?

I decided about 2 mths ago I needed to just stop looking at coins --- I hold many coins in the top 20.

I topped up my stake in a few the last few weeks and beyond that, focused on HODL'g - the BTC coming in --- to prep for the split, things have worked out OK.

I bought a tiny bit of NEO after the rebrand, just because the gains were nutty day after day LOL.

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