Did you HODL?? Or SODL?? LOL | E.21 | What was your Week in Crypto like? $144B Total Market Cap. UP $19B / 3 days | 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 more recovery from this month's "THE DUMPENING Part 2" --- a BIG one the last 2 weeks.


Details on that in part, from ~72 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-continues-or-huge-market-swings-w-growing-stability-in-places

7 days ago on this series, we were at $125B in the red:

https://steemit.com/cryptocurrency/@barrydutton/did-you-hodl-or-sodl-lol-or-e-20-or-what-was-your-week-in-crypto-like-usd125b-total-market-cap-down-usd10b-day-or-community


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 5:15 pm EST 9/28/2017:

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

Basically we have lost ~ $30B to $60B in ~12 days since the Sept. 2nd huge ATH that touched the $180B mark. My links to my other posts there above explains it in much more detail.

Markets responded , fell, and have been bleeding red again for several 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 $144B and as in the title -- We have had big losses as we know the last few weeks but are in recovery / gaining back that ground again.

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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.


$144B is where the Crypto Market Cap sits right now. 5:15 pm EST - Sept. 28th 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

$144B " " " " 9/28/2017 - 5:15 pm - Gained back $19B/ 6 days

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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

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


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!

(:








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https://steemit.com/colorchallenge/@barrydutton/color-challenge-thursday-green-or-outside-one-of-my-daily-city-hall-protests-again-liberty-picture-and-philosophy-or-government

https://steemit.com/freedom/@barrydutton/liberty-and-philosophy-of-the-day-from-my-personal-activism-files-left-right-paradigm-of-lies-government-corruption-the-police

https://steemit.com/freedom/@barrydutton/2donas-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/bitcoin/@barrydutton/bitcoin-price-update-btc-smashes-back-thru-the-usd4299-usdusd-mark-today-usd5252-usdcad-sept-27th-2017-or-total-crypto-market

https://steemit.com/life/@barrydutton/color-challenge-wednesday-yellow-or-outside-one-of-my-daily-city-hall-protests-w-a-beekeeper-friend-or-liberty-picture-and

https://steemit.com/life/@barrydutton/liberty-meme-and-philosophy-of-the-day-government-corruption-the-police-state-broken-governance-monetary-systems-and-the-strong

https://steemit.com/life/@barrydutton/liberty-meme-of-the-day-hold-your-ground-when-liberty-is-threatened-1-of-my-many-protests-against-government-corruption

https://steemit.com/steemit/@barrydutton/steemit-needs-series-please-comment-with-your-ideas-to-improve-steemit-or-e-21-or-sept-26th-2017-or-community-engagement-or


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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.
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HODL tight

and pump some in. Why not? Neo has been looking very perky, OmiseGo is a great project. still think EOS has a way to go, once they've completed the over complicated token distribution.

There is ample scope

to recoup the dumpening..it's time to double down, strap on your helmet and prepare for take-off.. Jo public is starting to throw $500 chunks in, not knowing anything.

That's a lot of $500s

coming to the cap. Most will be creamed off periodically by day traders, but side surfing is still a good bet for the keen eyed wrass, swimming with the sharks. baitballs are a good opportunity to OO-RAA get some as they apparently say in the marine corps. Exciting times.. boy you've got a lot of links at the bottom of your post. it's like swimming through coingecko / worldcoindex ! to get to the comments ;)

Well, that is a great reply

LOL

cheers @barry I just read it back.. what a silly tongue I have :) !! all true though innit

I think it is!

What are your thoughts on the SMT Announcement?

I am holding on this week, with a bad cold, toooo much to think through.

Drink clean water, lots of vitamin c man.

Feel better!

I am, and have a lot of fruit to eat, and you know it is funny I get cold after returning to Florida.

Hockey season here the last couple weeks so at least you are not in the rink lol

yes that would be tough, but one thing hard to explain, but in Florida when you have a cold it feels bad, perhaps it is the super heat mixed with the cold

Always creative

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