Crypto market 1 year ago - 2018 January 11th

in bitcoin •  11 days ago

Market cap : $675.5B ($123B now)
Bitcoin : $13686 ($3661 now)
Ethereum : $1225 ($129.7 now)
Steem : $4.68 ($0.26 now) -> Ned is leaving steemit.com
BITCONNECT!!!! : $293.16 ($0.0 now)

BTC Dominance: 34% -> 52.2% now

The current Mayer Multiple is 0.62 with a BTC price of $3661 and a 200 day moving average of $5885. The Mayer Multiple has historically been higher 94.3% of the time with an average of 1.5.

If you follow this Diversification Protocol, selling starts from Mayer multiple of 1.6.
Data from mayermultiple.com

I don't know anything, but I do know that everything is interesting if you go into it deeply enough.

Bitcoin's yearly lows:

2012: $4
2013: $65
2014: $200
2015: $185
2016: $365
2017: $780
2018: $3200 -> the best year ever

Bitcoin average DAILY value change during:
2010: +0.82%
2011: +0.76%
2012: +0.26%
2013: +1.11%
2014: -0.25%
2015: +0.09%
2016: +0.22%
2017: +0.78%
2018: -0.33% -> the worst year ever

Hal Finney, true legend. Ran #Bitcoin node 10 years ago, receiving first tx from Satoshi. Contributed to Bitcoin despite fatal ALS until completely paralized. Died on August 24, 2014 and got himself cryopreserved.
https://bitcointalk.org/index.php?topic=155054.0

"Bitcoin will continue to do what Bitcoin does. Nobody controls it. We are all learning what it does. Adapt to it as it evolves. It will not adapt to you." Quote from Eric Lombrozo.

Screenshot of coinmarketcap.com

coinmarketcapcom2018-01-11-115015.png


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