BREAKING: By the Numbers | Today, We Saw More History Together! Total Crypto Market Cap crossed the .6 TRILLION ($600B) Mark For The FIRST Time!! -- 42.3X Gains/1 Year.

in #bitshares7 years ago (edited)


CRYPTO SMASH!!!

42.3X Gains in 1 Year. Almost as cushy as a government job!

That's not 42%. That is 42X baby!

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An ongoing series to show how large the crypto currency is becoming and mark the milestones.

We can compare the numbers to other well known things in the world, to help translate and show value and perspective!

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Look where we were, 1 year ago! Remember the $14.7B TOTAL Crypto Market Cap Days????


The Calculator Mathed Out On This:


Look, in case one of the statists asks you because math is hard, that means roughly 42.3% Gains in ONE year.

Well, I did the math on those gains in a year and here it is LOL.

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The calculator screenshot shows the $622B we are at today divided by the $14.7B 365 days ago.


Recent Related Milestones!


I wrote just a few days ago when we broke the $400 and then $450B mark within hours of each other!

https://steemit.com/bitshares/@barrydutton/12-7-2017-we-saw-more-history-together-today-total-crypto-market-cap-crossed-both-usd400b-then-usd450b-mark-for-the-first-time

and also......when we broke the $500B!!!

https://steemit.com/bitshares/@barrydutton/breaking-today-we-saw-more-history-together-total-crypto-market-cap-crossed-the-half-trillion-usd500b-mark-for-the-first-time


We gained $100B of market cap cap in just 6 days!

($123B, to be exact for the Statists out there )


Today:


Here are the exact times today roughly 11:30 am UTC / 6:30 am EST that we broke the latest milestones, --

$600B for the first times, for total Market Cap in Crypto!!! --- It just kept going!!!

-- 1 Day View:

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1- Day Zoom:


We have gained $400B in total market cap in about 30 days! -- Nov. 18th to Dec. 18th, 2017.

Hovering over the 1st day of that 30 day metric you can see that here:

-- It was $233B a month ago!


Again, here is the math for the statists holding down Liberty.

That's 267% growth in 1 month - how is fiat money helping us again??


Life in Crypto is Like.....#21. | ( A Series of memes I run)

That Moment When Bankster Jamie Dimon of JP Morgan Realizes Crypto Market Cap Dwarfs Theirs.

Fact: JPMC Market Cap Today: $371.12B -

so they gained around 0.38B in a week since I checked last. LOL


I've never seen a regular series or resource running on Steemit to continually address this basic need so I decided to do it.


Bitcoin Leading w. 50% of Market Cap:


With BTC (Core/Legacy chain only) crossing the $324-34B market cap just today/ the last few hours for the 2nd time in a week -- as of today, BTC (core chain) fully makes up 50% of the total crypto space market cap.

BTC crossed the $334B market cap / 1st time on Dec. 17th, approx. 12:15 pm UST/ or ~7:15 am EST---- and today again just hours ago, at the $324B mark, finding consolidation and support there this last week.

BTC began the 2017 year at about $12.5B total market cap and we have not included the forks of BTC in these numbers either!

Here is the 1 year chart for that, hovering over the start 365 days ago-- when it was at $12.7B:

That math equates to roughly a ~26.3x gain in 12 mths, just for BTC... the CALENDAR year is not over yet!

$334.5B/$12.7B = 26.3X in a year for BTC (core) chain only.


Total Crypto Market Cap Stats:


1 Day Zoom Crossing $600B/ .6 Trillion Total Crypto Market Cap:



I have posted on all these milestones within mins. or a few hours, of them happening.

I am a numbers person and they mean something with all the new money and numbers coming daily to Crypto.


1 Year view, where we started at about $14.53B for Total Crypto Market Cap:

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That 1-year -- Zoom:


Of Note Globally:

With the $500 billion mark now eclipsed, it's LONG AGO overtaken giants like Oracle ($201 billion), and major drug maker, Pfizer Inc. ($213 billion).



The Bitcoin (core/legacy chain) Alone is Bigger Than:


-- General Electric (Market cap: $157 billion)

-- Walt Disney (Market cap: $154 billion)

-- McDonald's (Market cap: $134 billion)

-- IBM (Market cap: $140 billion)

-- Goldman Sachs (Market cap: $95 billion)

-- Target (Market cap: $31.8 billion)

-- American Airlines (Market cap: $27.7 billion)

-- Ford Motor Company (Market cap: $43.5 billion)

-- Deutsche Bank (Market cap: $37.7 billion)



Some of the Backstory/History:


20 years ago a Florida man paid someone in Bitcoin to deliver him two Papa John's pizzas--which may go down as the worst financial transaction of all time.

Today, a slice of Pizza will cost you still a few dollars, as opposed to the price of Bitcoin which is now touching $12,000 $USD.

Look up Bitcoin Pizza Day: A Yearly Celebration for the $20+ Million Pizza Order)

The biggest player in the cryptocurrency market, Bitcoin, set another record when its total value topped $200 billion for the first time Dec. 5th/2017 as discussed earlier.


Past Related Posts:

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https://steemit.com/bitshares/@barrydutton/12-7-2017-we-saw-more-history-together-today-total-crypto-market-cap-crossed-both-usd400b-then-usd450b-mark-for-the-first-time

https://steemit.com/bitcoin/@barrydutton/crypto-history-bitcoin-crosses-the-usd300b-market-cap-for-1st-time-btc-is-bigger-than-mcdonald-s-ibm-goldman-sachs-ibm-and-ford

https://steemit.com/bitcoin/@barrydutton/breaking-today-we-saw-more-history-together-bitcoin-core-legacy-chain-etc-market-cap-crossed-the-usd200b-mark-for-the-first-time

https://steemit.com/bitshares/@barrydutton/we-saw-more-history-together-today-total-crypto-market-cap-crossed-the-usd350b-mark-for-the-first-time-or-crossed-usd250b-just

https://steemit.com/bitcoin/@barrydutton/bitcoin-is-bigger-than-e-1


Trading Candle Cheat Sheet:

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Further Reading/Source/Resources


Friend of the People -- Enemy of the State.

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Thanks for reading, have a nice day.


PixaBay has tons of free pictures for us all to use!!!
Super Easy/Fast Picture Edits / Resizing at: http://www.picresize.com/ and also https://www298.lunapic.com/editor/







If you liked this blog post - please Resteem it and share good content with others!

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Some of my recent blogs:

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https://steemit.com/litecoin/@barrydutton/litecoin-skyrock-smashes-past-usd350-again-then-usd360-today-to-new-ath-s-closing-in-on-moon-fast-i-love-you-usdltc

https://steemit.com/bitcoin/@barrydutton/dec-18-2017-bitcoin-in-canadastan-remains-around-usd24-000-usdcad-again-usd19-200-usdusd-or-1-year-ago-it-had-just-broken

https://steemit.com/curation/@barrydutton/steemians-star-wars-reviews-series-write-a-blog-post-review-on-the-last-jedi-or-drop-it-here-on-this-post-community-engagement

https://steemit.com/funny/@barrydutton/life-in-crypto-is-like-23-or-the-bitcoin-and-the-crypto-hey-boss-i-quit-lol

https://steemit.com/bitcoin/@barrydutton/crypto-101-video-wcn-bitcoin-morning-brief-w-jimmy-song-tone-vays-daily-stream-from-today-27-mins-or-bitcoin-morning-brief-w

https://steemit.com/curation/@barrydutton/steemit-needs-series-31-pls-comment-with-your-ideas-to-improve-steemit-or-12-18-2017-or-community-engagement-or-archives-to-help

https://steemit.com/cryptocurrency/@barrydutton/crypto-news-the-next-monero-client-release-will-have-full-multisig-support-and-a-definition-of-multi-sign-for-new-crypto-folks

https://steemit.com/money/@barrydutton/investment-language-101-series-term-of-the-day-what-is-redemption-or-e-37-or-trading-candle-cheat-sheet-incl-each-episode

https://steemit.com/steem/@barrydutton/bittrex-massive-pump-is-on-right-now-if-you-have-sbd-to-sell-nearly-usd15-sbd

Most Images: Gif's - via Giphy.com , Funny or Die.com / Pixabay. Today:


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Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff

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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.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, trying to build community, put out content and engage people, help and donate to people, and I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.

Sort:  

It has been crazy the past couple weeks!

Nice post Barry! its unreal. Their is so much money pouring into the market and you seen Steem rise? Wow!

I missed the first 3 or 4 mths when steem was like $4 and change but I do remember being here not long after for the days when it was honestly 8¢

That is not a typo.

yeah I can see the spike at about July 2016 higher then now, lets hope it stay up their and keeps going for all the steemians

and its just getting started, the growth will continue in 2018, this is awesome, for those critics who keeps saying this is a bubble should rethink their statements

go to the moon together!!

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