What Are YOU Trading Today, & Why? | E.38 of a Community Based Engagement Resource for Everyone! July 10th /2017 Basic Crypto Market Stats/Chart Overview for Newer Crypto Family! | Market Cap drops way down to $88B.

in #cryptocurrency7 years ago (edited)

Today I'm continuing this series, hoping people will read, engage, respond, help each other etc - I will do this a couple times a week so people see it is a regular series and place they can always come and refer to the resource.


The markets have been bleeding RED for a lot of the last 30 days! Please share what you are BUYING or SELLING -- and why???


It's definitely been a rough ride again lately and we lost ~ $30B of the total market cap --- it was up to ~$117B about 25D ago and it dumped way down below $100B for weeks now around the dumpening of the Ethereum "flash crash" that one day.

It has been a fight!! But we love our Crypto!!!

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We have been been hovering around a depressed $90-94B Market Cap MOST of the last month..... Today's huge low is the lowest since the first week of June - 5 weeks ago after months of sustained upward growth and news. We have had 3 dumpenings down to this range:

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You can see the last 3 months of that proof here in this chart


Please share your Trading Notes and Questions here in this post, to teach/engage/chat with others!

Consider Resteeming this post to get others involved.

Continuing onwards here as usual for charts, overview, thoughts and ....



COMMUNITY ENGAGEMENT!!!


Another epic week in the Crypto Markets people!!


Today's Crypto Currency Market Overview stats via CMC.com (CoinMarketCap.com)

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When market volatility/dumps happens, money flows back into Bitcoin in most cases, it is the same as usual here with another rise in BTC Dominance: 45.7%

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801 Currencies / 154 Assets / 4400 Markets

Market Cap: $87,764,038,212 / 24h Vol: $2,659,361,519 / BTC Dominance: 45.7%


Note the numbers: This is the first time in months that BTC and ETH -- are literally distanced by a market cap of 2-1. ETH Market Cap is worth $20B today after all the drops..... to BTC's $40B.

ETH Market Cap is now HALF of Bitcoins's again for the 1st time in months after ETH had closed the gap to about $6B at one point not long ago!!


All the numbers are right here in the CoinMarketCap charts commonly referred to daily in the Crypto Sphere:

Sorted by Market Cap. rate and showing the Top 20 coins:




CoinMarketCap Top % Gains last 24 hours!

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Much of the market is bleeding red from the last few days, and weeks of sustained volatility: A handful of coins are in the green or sustaining low level losses only:




" " " Top % Losses for the last 24 hrs ! :

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Did you notice that out of all the coins, the run that both LiteCoin and Eth. Classic have both been on again lately??

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-- 1 month charts show both coins staying nearly sideways in trading -- not a lot of up or down, meaning they are showing signs of stability and storage of value!!!

LiteCoin is the more stable of the 2 in that regard- 1 month charts showing this:

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I am really enjoying doing this series long term, seeing the feedback and questions. I love it (:

COMMUNITY ENGAGEMENT!!!


There are a lot of good people on here who know what they are doing and we can build a solid resource here a couple times a week with all the community and you can check in here on my page a couple times a week and see the latest.

People can ask questions, share their wisdom and failures, and my hope is simple really :



Thanks for reading, have a nice day.



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/bitcoin/@barrydutton/big-bitcoin-meeting-this-week-in-montreal-eastern-canada-to-explain-all-the-segwit-uasf-issues-as-bitcoin-fork-date-aug-1st

https://steemit.com/steemit/@barrydutton/steemit-posts-are-going-missing-again-when-you-hit-the-publish-post-button

https://steemit.com/cryptocurrency/@barrydutton/fud-fud-everywhere-we-are-all-here-in-the-early-adoption-phase-if-you-are-reading-this-keep-it-in-mind-have-a-great-week-steemit

https://steemit.com/cryptocurrency/@barrydutton/my-usd500-sbd-finally-arrived-on-poloniex-3-weeks-after-i-deposited-it-my-balanced-thoughts-on-these-guys-after-hearing-every

https://steemit.com/bitcoin/@barrydutton/crypto-101-or-video-just-released-andreas-antonopoulous-bitcoin-q-and-a-how-is-fungibility-tied-to-privacy-8-mins-super

https://steemit.com/life/@barrydutton/daily-digital-detox-a-steemit-community-life-series-and-reminder-or-e-24-intentionally-regularly-unplugging-my-quick-engagement

https://steemit.com/cryptocurrency/@barrydutton/breaking-this-crypto-news-was-on-the-front-page-of-india-s-largest-business-newspaper-today-this-is-huge-news-for-cryptocurrency

Gif's - via Giphy.com , Funny or Die.com

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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Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS

PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh

Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a

Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff

Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv

Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s

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.
Sort:  

We are defiantly in a crypto correction that is for sure! I still think we should be buying all the dips:) All I see are buying opportunities left and right.

top shout ! screwed on head <<<<

I knew I would hear this from you LOL

Evan:

If you have a JAXX wallet or thinking of it, or know people with one etc -- you will want to check the post up on my page just now. It is pretty huge news and there is nobody talking about this considering the market share they have and names involved....

Talk to you soon, it is nice hearing from you anytime dude.

Great question. Today I spend on strenghtening the Core segment of my strategic portfolio. In this case I bought some more Waves and Steem at a nice discount!

Ohyeah, and powered up the STEEM of course! ;-)

What did you trade @barrydutton?

There are some more sale prices for sure. LOL.

I made some moves last week on the last big dip --- one night I actually bought some Decred just because I did not have any yet and felt for awhile it would be a nice addition.

It has always interested me.

I bought up some more steem to get more steem power, and loaded up on Ripple and Siacoin

Good feedback.

Um trading btc litecoin.this is great money and cryptocurrency makes us crazy day by day.your post is truly helpful.by the way thanks.i have learned lots of things from you

It is nice to hear things like that, thanks for taking time here today.

Informative post

@barrydutton!!! Very interesting article! Thank you! I'll read it again! I'll do an analysis of the crypto currency!

Steem On. Thanks!

Le sigh, I cut losses on STRAT and went in on steem, I feel it's under priced.

Wow. But yes on the Steem.

It makes no sense that it is dropping this hard, but then again, it's probably whale manipulation. Drop the price to buy it back cheaper BS.

If you have a JAXX wallet or thinking of it, or know people with one etc -- you will want to check the post up on my page just now. It is pretty huge news and there is nobody talking about this considering the market share they have and names involved....

Talk to you soon, it is nice hearing from you and thanks again for the chat last nite, it was super awesome.

Oh and my page earlier today, there is a YUGE BTC meetup discussing the issues in Montreal this Thurs. nite -- check that post out if you have any interest in maybe going, I have no idea where you are but all the info is there.

I must admit that all my exposure is in the biggest % losers coins, bought some LBRY about 4 days ago, thought the bottom was almost reached. I should have saved the BTC to buy tonight or tomorrow, but we will see. I think both LBRY and golem are hodls. But I'm going to follow DGB to possibly snatch some up in the next couple of hours. I think DGB is definitely a buy now. We will see, but by the end of august I see DGB reaching atleast 2.000 satoshi.

What do you other guys think?

(I trade tiny volumes, just a happy amateur) :)

The same principle apply whether you are trading lots or little, it is great you are learning.

I was not sure another big drop like this was for sure coming, and maybe not this soon but it is an echo of earlier ones and double/triple bottoms I guess.

I am not surprised.

Thank you for this excellent analysis. I bought Ethereum to diversify my crypto and now I regret a bit. Today I bought Litecoin.

I'm trading my time to wright few posts so I can later post them on STEEMIT... ;)))

Yep, I remember saying that a few times the last year on here myself, it is nice to hear that again.

What you're saying is, now "the tables are turned"....
it's nice to have the advantage...:)
Hard work and determination!!!

I see you trade in real estate @barrydutton.
Which province?

If you have a Jaxx wallet or thinking of it etc --- pls. check my page asap. Big news.

Have a good night my friend

Will check. Thanks.
Same to you

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