Crypto Has Been Taking A Beating

in #crypto5 years ago

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Crypto has been taking a serious beating the last few days. Bitcoin has gone from 11k down to high 9k.

This seems more like a retraction of healthy leaves however. Remember my target price has been $7,500 for a long while now but with news of BAKKT launching next month I have a feeling my price target would be bumped to about $9,000 till BAKKT truely does launch.

I have a feeling we will hold a bit more of a sell off today and then start to hold steady/bounce back.

In other news though Steem is now just $0.16 or 1623 satoshi a massive downtrend from just 1 month ago when it was $0.24 and 2412 satoshi per.

Steems hardfork is due soon and it will be interesting to see what actually happens after the hard fork takes place. It seems like some of the big whales are really dumping a ton of their steem.

Does anyone know off hand if there is a site or if steemit.com shows total powered down across all accounts on a daily level ? I am very interested to see this and trends so if it does not exist anyone willing to team up to create it ?

Do you feel over the next 48 hours will be a healthy buy time?


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In addition to @exyle’s power up report, @penguinpablo I believe runs one that shows the liquid Steem available on exchanges. Interesting that it is only about 30% of the total.

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I believe Exyle post every two weeks this stats.

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taskmaster also publishes a good regular report on the distribution of Steeem amongst accounts of different levels

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