Did you HODL?? Or SODL?? LOL | E.20 | What was your Week in Crypto like? $125B Total Market Cap. - Down $10B / Day | Community Engagement Series. | Still Includes Charts/Market Overview & History of Where HODL Comes From for New Crypto Family.

in #cryptocurrency7 years ago (edited)

Well another interesting week in Crypto! LOL

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We are in the midst of THE DUMPENING Part 2 --- a BIG one the last week.


Details on that in part, from ~30 hrs ago, here and yes, the market dumped even more after that post, and no, it was not my fault!

https://steemit.com/cryptocurrency/@barrydutton/crypto-market-update-recovery-continues-china-market-shakeout-or-huge-market-swings-w-growing-stability-in-places-usd138b-market


We are used to seeing unprecedented growth in the entire Crypto Currency space, not just in Bitcoin.

Are you HODLing everything? SODL some? Moved profits into one place or another?

What's your take on things here? Share your experiences with us and we can all laugh, learn, help one another.



As of just now about 6:15 pm EST 9/21/2017:

--- the CMC.com (CoinMarketCap.com) charts are showing our total market cap for Crypto is still way down- overall compared to the last month of course......but bled out again this week with (mostly) the China FUD driving things down... again.

Basically we have lost ~$60B in 12 days since the Sept. 2nd huge ATH that touched the $180B mark. My links to my other post there above explains it in much more detail.

Markets responded , fell, and have been bleeding red again for a few days.

We have had elevated and sustained for many many days now, since the Bitcoin / Bitcoin Cash Forkening event caused the markets to finally swell back over the $100B mark for the first time in weeks since Aug. 1st -- and has kept climbing to that epic Sept. 2nd mark of $180B total crypto market cap.


Recent History & Resources:


~ say 11:30 pm EST on Sept. 1st - we were RIGHT on the cusp on crossing the $180B mark for the first time......we were at yet more new ATH's and records!

We fell overnight from that point to $162B -- Losing approx. $17B.

It often happens on FUD Fridays as we know.

Right now we are sitting at $125B and as in the title -- we did lose about $10B the last day.

--


Sept. 2nd 2017 was a HUGE ATH! Touched the $180B Total Crypto Market Cap


Bitcoin (as my regular updates will show) was RIGHT on the very edge of crossing the $5k mark USD for the first time, it was literally around $4980/$4990 USD!!!! (Sept. 1st, 2017 later at night.)

Oh so close!!!

Reminder / Proof / Charts etc are here from the big Sept. 2nd night :

https://steemit.com/bitcoin/@barrydutton/bitcoin-about-to-break-usd5k-or-usdbtc-in-canada-smashes-past-usd-6220-mark-or-usd-4980-usd-or-usd179b-crypto-market-cap-usd27b

That is the Sept. 1st /2nd post - Record Breaking (latest) night. I went to bed and we know what happened overnight to markets "correcting".

--

-- I am hopeful it just stays solid with nice slow increases and does not crash again losing fully half the market cap.......again.

Ever.

--

LOL


-- We are down almost ~$55B in ~13 days / since Sept. 2nd ATH night.

-- my last update on THIS series here, 7 days ago on the 14th, means we are up ~13B since then.

And well, as a result, if you like good news -- balanced perspective like I always try to give.

We recovered a bit... and then late-week FUD as we discussed hit and drained the markets again.


$125B is where the Crypto Market Cap sits right now. 6:15 pm EST - Sept. 21st 2017

I am still optimistic! LOL


Recent Market Cap History:


$150B Crypto Market Cap crossed 1st time ever: 8/23/2017!

$179B Crypto Market Cap " " " 9/1/2017

$147B Crypto Market Cap " " " 9/9/2017 - 12:55 pm EST

$112-15 B Crypto Market Cap " " " 9/14/2017 - 10:05 pm EST (It hit $112B today ~5 pm EST)

$125B Crypto Market Cap " " " 9/21/2017 - 6:15 pm - Lost $10B overnite + today

--

https://steemit.com/bitcoin/@barrydutton/bitcoin-in-canada-usd5525-mark-high-or-usd-4248-usd-high-or-recovery-mode-or-usd153b-crypto-market-cap-gains-usd5b-overnite-or


Just perspective / We almost crossed the Crypto Market cap of $180B in the last 20 hours of Sept. 1st 2017:

https://steemit.com/bitcoin/@barrydutton/bitcoin-about-to-break-usd5k-or-usdbtc-in-canada-smashes-past-usd-6220-mark-or-usd-4980-usd-or-usd179b-crypto-market-cap-usd27b


Half the Market Cap DUMPED as I mentioned above has happened to us before.......As we did just around June 21st, when it hit the high of $117B and then tanked into the $65 to $95B range for weeks.

Those were bloodbath times. Shudders -- Even though the dramatic rise, signalled a clear correction would be coming.


Thanks for reading, have a nice day.

HODL Img. sourced from the LEGENDARY thread where the term HODL was first..... coined - LOL. - BitcoinTalk.org
https://bitcointalk.org/index.php?topic=375643.0
If you are new to Crypto or do not know the story -- Please open that link in a new tab, take a couple mins. and read the funny thread/story, you need to know your Crypto history folks!

(:








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

--

Some of my recent blogs:

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https://steemit.com/life/@barrydutton/pics-of-the-yearly-battle-of-britain-ceremony-in-my-town-up-at-the-rcaf-wing-at-the-airport-lands

https://steemit.com/philosophy/@barrydutton/tour-of-the-humane-society-animal-shelter-where-furry-friends-reside-waiting-for-their-fur-ever-home

https://steemit.com/steemit/@barrydutton/meme-of-the-day-sums-up-the-crypto-markets-pretty-well-right-now-yoda-approves-of-my-steemit-shirt-also

https://steemit.com/colorchallenge/@barrydutton/color-challenge-thursday-yellow-or-a-client-s-house-i-sold-backing-onto-the-marsh-lands-beside-the-lake

https://steemit.com/freedom/@barrydutton/a-key-to-success-no-matter-what-be-the-best-version-of-you-a-day-at-a-time-some-thoughts-from-a-guy-that-actually-cares-inspired

https://steemit.com/cryptocurrency/@barrydutton/breaking-have-you-wondered-why-decred-is-mooning-they-just-added-atomic-swap-support-for-exchange-free-crypto-trading-1st-swap

https://steemit.com/steemit/@barrydutton/the-steemu-asks-what-are-you-blogging-about-today-or-e-19-or-drop-your-links-and-ideas-here-like-mad-pictures-thoughts-ideas-etc

https://steemit.com/cryptocurrency/@barrydutton/crypto-market-update-recovery-continues-china-market-shakeout-or-huge-market-swings-w-growing-stability-in-places-usd138b-market


If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.

--

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Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff

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ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL



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.
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