New money entering the market - total coin market capitalization 218.5 billion USD!steemCreated with Sketch.

in #bitcoin7 years ago

Hello guys,

By looking at the coin market capitalization reaching new ATH of 218.5 billion USD today there is no doubt that the new money is entering the market at ever increasing speed. I was pretty confident that the year 2018 will be the year when big institutions, funds, and governments will wake up to cryptocurrencies but it does certainly look the move has already started.

In the past 1 year, we have experienced a growth from 13.6 billion USD which is 16 x increase of today's new ATH of 218.5 billion USD. To confirm my believes where the new money is coming from you can see the below Tweet and the interview with Mike Novogratz: Big money is coming to bitcoin: ex-Fortress executive Novogratz

b6de59ee-75bf-4e67-a934-45680b276544.png

Coinmarket capitalization for the past 365 days:

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Please feel free to check out some of my other recent posts.

Global Blockchain Technologies announces $20m fund to invest in Steem SMTs
Czech Republic/Prague – by your fellow steemians! 捷克共和國/布拉格-我們Steemians的作品!
Prague is One of the Top 25 Tourist Destinations as per TripAdvisor/布拉格是在TripAdvisor上頭25位的旅遊熱點之一
Czech cuisine – little heavy but delicious😊/捷克佳餚——有些重口味但十分美味😊


Tomas
CEO & Founder of CGH

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Time to book your seats people 'cause we goin to the moon!!!

BTC is growing up. Lets invest to it. Thank for your info @czechglobalhosts.

Personally, I think Steem is better investment right now... more upside potential with huge use case! Just saying, no investment advice:).....

Nice :) it is going only up. I am thinking, when and, if anytime will this all collapse - G forbid ;)

I doubt that! 1 Trillion coming sooner then we think!

Fingers crossed for that :) Lets hope that a lot proportion of it is ours !

"It's basically consolidation after a tremendous rise (1H17), a drop which was exaggerated due to concerns regarding the hard fork, stabilization and now a recovery"

Very fast recover for BTC.... honeybadger does not care!

Well sir you are right it's going to be a start of revolution and soon all government will understand it

Some already do, and the ones that don't will find out the hard way:)

It's time to invest, BTC is growing for 3-5 years.

Always time, we are still early adopters.....

this year was a very good year for crypto. capitalization increased a lot. I wonder what will see in the next year

2017 has indeed been the tremendous year... I think 1 Trillion coming next year!

Nice topic as usual. Keep it up :)

Thanks ever so much and have a good one!

I want to get your home
good topic

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