Briggsy's Weekly Crypto Blog- Week 10, 2018
2018 Week #10 in Review
March 4 - March 10
2018 Week #10 in Review
March 4 - March 10
Last week the Cryptocurrency Marketcap dropped by over 130 Billion Dollars as Bitcoin went through a correction wave, pulling the rest of the market valuation down with it. Social media was ripe with confusion as those new to the space and even social media were jumping aboard the doom and gloom bandwagon.
As the saying goes, "buy when there's blood in the streets."
Cryptocurrency Market Spotlight
Cryptocurrency Market Spotlight
Total Cryptocurrency Marketcap in USD
- Last week saw a high of $474 Billion US Dollars, and a low of $342 Billion US Dollars.
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Top Ten Marketcap vs USD
Top Ten Marketcap vs Bitcoin
Cryptocurrency Marketcap Numbers at a Glance
| Coin | Dominance | Last Week's Closing Price | One Year Ago Closing Price | Difference |
|---|---|---|---|---|
| Bitcoin | 41.27% | $8,866.00 | $1,175.83 | +754.02% |
| Ethereum | 18.68% | $686.89 | $21.47 | +3199.30% |
| XRP | 8.69% | $0.7966 | $0.0062 | 12848.39% |
| BCash | 4.71% | $1,005.93 | $0.00 | ∞ |
| Litecoin | 2.75% | $177.73 | $3.80 | +4677.11% |
| NEO | 1.53% | $85.58 | $0.14 | +61128.57% |
| XMR | 1.12% | $257.04 | $14.69 | +1749.76% |
| Dash | 1.05% | $484.35 | $72.93 | +664.13% |
| IOTA | 1.01% | $1.31 | $0.00 | ∞ |
| NEM | 0.87% | $0.3419 | $0.0098 | +3488.78% |
| Other | 18.33% | |||
| Steem | 0.179% | $2.40 | $0.0723 | +3319.50% |
Bitcoin Spotlight
Bitcoin Spotlight
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Bitcoin Transactions in Mempool Awaiting Confirmation
Articles Spotlight
Articles Spotlight
Google Searches For ‘Bitcoin’ Slump In Synchronicity With Bitcoin’s Price
Call it the tail wagging the dog, because that's what this looks like.
The number of Google searches for Bitcoin go up or down depending on the price direction of Bitcoin. I would say I'm surprised, but then I'd be lying.
To be fair, this is an interesting metric that one can look at in hindsight, but it's probably useless for predicting future prices - at least without narrowing in the search a little to determine the mood of those searching.
We Need To Shut Bitcoin And All Other Cryptocurrencies Down. Here's Why.
This article is entertaining, but ultimately it's a proverbial yard sale of language that's designed to scare the reader if they don't know anything about crypto, and to paint the entire cryptocurrency market with a broad smelly stroke of this authors brush.
It's good to remember that a vast majority of crimes being committed around the globe are funded with physical money, and the worlds biggest money launderers are banks. Those are just facts.
What makes this article really stupid, is that most of the problems the author describes are centered around Monero. Not bitcoin, not Ethereum, Just Monero. The fact that the author doesn't mention Monero shows why this article is garbage.
A Bitcoin Twitter War Is Raging And No Account Is Safe
I chose this article because of this image:
I think we all know who's behind this tweet, but the poetic justice is priceless here considering the sheer irony.
Finnish Crypto Exchange Risks Collapse As Banks Refuse To Do Business
This article is one of many FUD pieces over the last week, with news of crypto exchanges coming under more scrutiny and regulation.
In my opinion, main stream media are keeping the narrative on the exchanges, because that is where the greatest amount of fear is. If you can scare someone into thinking that they won't be able to cash out their crypto for fiat in the future, the really weak hands might cash out and sell at a loss. Given that there are people that do this in the stock markets over a single digit drop in marketcap, you can be sure there are panickers out there reading these stories and cashing out "while they still can."
Videos Spotlight
Videos Spotlight
Datadash - Bitcoin rebounds and Vitalik introduces Plasma Cash
Decentralized TV - Bitcoin Private - Fork Madness? - Invest or Ignore?
TechCashHouse - Why Bitcoin Will RISE AGAIN In 2018
Marius Landman - Bitcoin break out is coming
Thanks for reading and try not to lose your head in this crazy and blood-thirsty cryptomarket.
Tip Jar:
Dogecoin DDizpbLrYzFNEZtEVvUXo8kKBKu3K7yLry
Man I was sad not to be able to get this update daily but happy it would come to me week.y. You have just packed more info into it and now I have a good hour of research into the videos.
Anyhow, half way through the first video but I wanted to drop a vote in early/ Thanks for the time collecting the intelligence for all of us!
Fantastic post friend greetings
Bitcoin has been highly volatile over the past 7 days. Bitcoin was involved in a simultaneous drop in prices for past few days. Volatility in Bitcoin price over the past few days has significantly dented its popularity. The price of bitcoin is in favour of rally for $10,000.
For future viewers: price of bitcoin at the moment of posting is 9591.00USD