What Are YOU Trading Today, & WHY? | E.44 | A Community Based Engagement Resource for Everyone! Aug. 16th - 2017 Basic Crypto Market Stats/Charts Overview for Newer Crypto Family! | Market Cap recovery support climbs again- $141B

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 ~55 days!

The last 15 days have been good times.

  • We have gone back over the $100B market cap just in the last 15 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 our market cap low point on July 16th around 8 am EST -- seeing the bottom around the $63B mark

The history of June/July leading up to where we are now, is in the 2nd half of this post.


90 Day Market Cap chart (CoinMarketCap.com)

--

--

30 day Chart:

--


TODAY: $141B MARKET CAP

That's up $16B in 6 days.


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



The Recent History Leading to Now:


It's definitely been a rough ride again lately- but recovering well the last 15 days!!!

Since the June 20th Market Cap ATH of $117B, it has been down...... then up a bit.... then down again. Then up....wait.....nope - then down again then back up..... LOL!

The last 15 days since the Aug. 1st Bitcoin Forkening has been a rocket straight up though as those charts show.


~25 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.

~18 days ago on my update here - we were at $89B. But we had not crossed the August 1st Bitcoin forkening date!!! And then...

~12 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 15 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 $141B

That's $41B gained since August 1st (15 days ago)


My last update on this:

https://steemit.com/cryptocurrency/@barrydutton/what-are-you-trading-today-and-why-or-e-42-or-a-community-based-engagement-resource-for-everyone-aug-4th-2017-basic-crypto


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

--


We have been been hovering around a depressed $90-94B Market Cap MOST of the last 75 days 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......

--

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

--

That was playing havoc with the markets, we know this. There is a lot of jostling going on still now, 15 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.

--

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

-- with that day being the previous ATH ( All Time High )

--

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!

--

Some of my recent blogs:

--

https://steemit.com/life/@barrydutton/just-an-edward-snowden-meme-to-keep-his-name-on-our-radar-and-all-the-thanks-we-owe-whistleblowers-who-sacrifice

https://steemit.com/bitcoin/@barrydutton/crypto-101-or-video-just-released-andreas-antonopoulous-open-blockchains-for-cashless-developed-economies-40-mins-super

https://steemit.com/steemit/@barrydutton/steemit-needs-series-please-comment-with-your-ideas-to-improve-steemit-or-e-14-or-aug-15th-2017-or-community-engagement-or

https://steemit.com/bitcoin/@barrydutton/moonshot-continues-bitcoin-in-canada-smashes-past-usd5740-mark-usd5000-3-days-ago-still-rising-or-usd4353-usd-or-usd141b-crypto

https://steemit.com/steemit/@barrydutton/your-steemit-account-now-gives-you-a-cover-photo-option-i-had-posted-earlier-asking-about-this-seeing-a-change-here-s-the-scoop

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.

--

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:  

Sold all my remaining Lumens (XLM), as they were getting increasingly worthless compared to just a few months ago, bought a few more TenX PAY tokens (I’m very happy with how the TenX develops as a company and how their token is doing lately, price-wise) and then put the remaining Bitcoins from the sale of Lumens into STEEM, which I used to power-up my account and bring it over 1,000 Steem Power.

I’m feeling very happy with these moves, but I will appreciate feedback and comments from more experienced traders, investors and fellow Steemians.

Thanks for the feedback and comments my friend. Your support has been appreciated on my blog!

great info, thanks

Hope you're well today , I'm still trying to hang onto Steem in hopes that it rises

It's continued to drop the last 24 hours, $STEEM price is now about $1.15 as of the last half hour.

I was out most of the day.

I still need help getting around doing life things with my injuries.

It sucks.

It will eventually rise . And I think your health is more important then this platform

You are right my friend.

You are right.

this is amazing

thank you !!

i think my pick is eth after stability in btc eth will be noticed.

I am from ECUADOR, I speak Spanish

Tienes un muy buen post, muy interesante, me gusta el BITCOIN, pero está muy caro por ahora y por eso estoy analizando otras criptomonedas, me gustaría que hicieras algún post de IOTA...

Good post upvoted&followed :)

Interesting information. My strategy is a bit different but it has yielded great results! Take a look, let me know what you think? https://steemit.com/bitcoin/@cryptoeagle/what-percentage-should-you-invest-in-each-cryptocurrency-to-become-a-millionaire-a-guaranteed-winning-strategy-updated-8-16-2017

Great info! I'm trading bitqy. Bitqy is new on the blockchain backed by ethereum. It is a platform for the people. You get shares into the company and it's a platform for neighborhood merchants to get their product and services out there on a broader range. The company is Bitqyck, Inc. and it is diving into the mining of cryptocurrency as well. I'm loving the platform and want the best success for our company.

Yesterday re-positioned MOST of my BTC (in order of most to least):

  • ZEC
  • XRP
  • LTC
  • IOTA
  • ETC
  • OMG

I still have a little BTC and some ETH, also bought 3 tokens of SAN even though I think that was one of the tokens we aren't supposed to trade anymore on Bitfinex :-X

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.029
BTC 61478.26
ETH 3385.94
USDT 1.00
SBD 2.52