Noteworthy CryptoCurrency Day
Another wild day in Crypto:
Cryptocurrency Markets Cross .5 Trillion USD in total market cap. - Wow! I have no idea what it means. Even if the high prices do not last it is a great movement in spreading the word that Bitcoin (and the Alts) are still alive and have a thriving group of consumers.
Exchanges are struggling with the volume and/or are getting DDOS attacks.
The lag has me reluctant to try to make any "Day Trade" type moves.
The Alt Traders have a good day.
When the big Alts can have double digit growth against Tether, and several of them at the same time. That is an impressive move for the CryptoMarkets.
SBDs begin to correct - The best thing about the SBD pricing was it directed funds back to rewarding active Authors.
A lot of things are happening around Crypto and soon we will find out if all this attention and growth is sustainable. In the long run, I say yes, but it sure feels unnaturally fast and that gives me reason to remain cautious.
What did you see in the Markets today? Do you think this is all a bit too fast?
That's the best part of steemit. You get paid in half SBD and remaining goes to curators.
Nice. That the capitalization of markets means that there is more money at stake, why there are more cryptocurrency circulating and they have a higher value each time they go up.
I know they are still few, but I am sure that every day more people change their lives when they start in this world.
My wallet is happy right now!
Ripple goes. It seems that the coin has finally decided to wake up. LTC and ETH are feeling a stop after Coinbase halted their transactions. Seems like people are investing more in LTC than in any other coin. I see a lot of potential in coins like NEM, ADA, Ardor, NXT, Bitshares, Monacoin and Dodgecoin.
Everyday in crypto world is full of ups and downs. It's so exciting. The good news is more and more people are joining it.
Thanks @whatsup for writing and sharing this post.Keep it up. It's helpful.
Steem On.
Market cap is going insane its just a matter from now on when we will see it as the world biggest economy
alts having the time of their lifetime today :)
yes cyrpto markets are acting strangely these days. And the way thing are moving it is very hard to predict the investment options. the main reason is that the bitcoin price is not sable and it's going way too fast.
Cheers!
Nice post, well it's always good to see nice green day in cryptos but i think if market moves only in one direction then it will be boring, i like to see both pumps and dumps because it makes the market interesting and it also opens up a opportunity for us to buy low and sell high, i think if SBD market correct's at least 50% then it will be good time to buy SBD's, Stay awesome and thanks for sharing
@whatsup,
"but it sure feels unnaturally fast and that gives me reason to remain cautious."
Yeah I have the same feeling! LTC made a rocket to moon but for how long? ETH, BTC networks are slow and progressing millions and billions of transactions by 3 transac to 5 transac per second! Then investors made a wrong choice again by LTC :D
SBD is not at a correction, it might rise more, for me it should be at $10 and hope it might PEG at $10 and investors are still not understand the value of STEEM/SBD and BTS! Hope they will, don't know how long it will take!
Anyway for me STEEM is the best choice! Wish to see it at $4 margin soon and then rise rise rise!
Cheers~
@whatsup - I also feel cautious about this sudden hike... Ma'm if this continuous, governments have to print more fiat currencies.... :) So, I feel horrible things are not going well for me ma'm....
+W+