What Are YOU Trading Today, & WHY? | E.42 | A Community Based Engagement Resource for Everyone! Aug. 4th - 2017 Basic Crypto Market Stats/Charts Overview for Newer Crypto Family! | Market Cap recovery support climbs again- $102B

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 40+ days!

  • We have gone back over the $100B market cap just in the last 2 days or so and stayed there just above -- buoyed by the Hard Fork / The Forkening of the Bitcoin 3 days ago on Aug. 1st...... into the Bitcoin Cash. Symbol -- $BCH

Please share what you are BUYING or SELLING -- and why???



It's definitely been a rough ride again lately- but recovering well the last few days!!! Then down again. Then u....wait.....nope - then down again then back up..... LOL!


12 Days ago when I did my update here on this we were recovering big time....... still depressed but slow recovery at $74B market cap and as high in recovery as $96B.

6 days ago on my last update here - we were at $89B.


https://steemit.com/cryptocurrency/@barrydutton/what-are-you-trading-today-and-why-or-e-41-or-a-community-based-engagement-resource-for-everyone-july-29th-2017-basic-crypto


  • meaning we had gained ~$22 / $23B market cap in 6 days. That is very nearly $4B/day gained. The fact is we had gained a lot of that in a couple days alone. Then we lost that again as you can see by those numbers.

and we had lost ~ $55B of the total market cap --- it was up to ~$117B about ~50 D ago and it dumped way down below $70B 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 ~55 days or so.

The last 4 weeks + huge lows = the lowest since the first week of June - 6 weeks ago after months of sustained upward growth and news. We have had 3 dumpenings down to this range:


BITCOIN: The Forkening......

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..... has now just come and gone (August 1st 2017 Fork date)

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That was playing havoc with the markets, we know this. There is a lot of jostling going on still now, 3 days post Forkening for this one reason alone, adding the extra volatility to the markets.


Like the last few weeks when I updated this series..... the markets gained some similar recovery for a day and then crashed again.... what are we going to see the next 24 hours - 72 hours??????

We have been in steady uptrend the last few days, as I mentioned above. Then another 2-3 days of red and back down.....

-- Never a dull day in Crypto LOL.

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Markets Topped out June 20th / 10 pm EST at $116B:

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You can see the last 6 weeks of that proof here in this chart where we topped out at $116.5B on June 20th around 10 pm EST / 6 pm EST. I shared this chart a few times now:


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.



COMMUNITY ENGAGEMENT!!!



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/crypto-101-or-video-just-released-andreas-antonopoulous-bitcoin-q-and-a-the-rules-of-bitcoin-part-2-3-mins-super-practical

https://steemit.com/bitcoin/@barrydutton/jaxx-wallet-official-statement-and-advice-to-users-as-they-prep-wallets-for-the-bth-bitcoin-cash-coin-split

https://steemit.com/steemit/@barrydutton/steemit-needs-series-please-comment-with-your-ideas-to-improve-steemit-or-e-12-or-aug-2nd-2017-or-community-engagement-or

https://steemit.com/steemit/@barrydutton/facebook-wallet-fridays-show-me-yours-or-e-8-or-that-s-right-think-on-that-a-new-series-for-outreach-and-to-give-fb-the-business

https://steemit.com/bitcoin/@barrydutton/by-the-numbers-what-a-first-day-for-bitcoin-cash-the-new-fork-of-bitcoin-what-does-it-mean-where-will-it-go-a-piece-of-history

Stock Images in most cases unless noted: via Giphy.com , Funny or Die.com / Pixabay.

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.

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I have been holding BTC and Dash just before the fork.. Expecting BTC to break resistance and move over 3000$

Thanks for commenting today!!!

Hey - Buying Silver right now... Seasonally, we are coming into the "bullish" time for the precious metals and I expect silver will outperform gold. This means it's likely a high % trade.

I'm expecting us to hit the low for Silver & Gold in 2018 and begin it's initially slow climb into a longterm bull (UP) market.

2018 will likely be the time to really load up on your precious metal and the quality stocks that correspond to the same.

upvoted, followed and resteemed... :)

Good input and reasoning here for people reading..... thanks for commenting!

I'm standing pat. I don't know about these charts and derivatives and whatnot, but I know how to sit tight.

I'd like to get some Antshares and EOS when the moment seems right.

I'm gonna be a dork and self upvote to the tune of 25% or so, and add it to the pile. I feel I deserve it.

I'm selling Antshares/NEO because the news about them working with the Chinese Government was fake.

I am buying Synereo AMP for a long hold until August 13th (New Beta release)

Funfair is worth a watch because the CEO is giving a talk at the 100x investors webinar summit on the 8th. I personally bought last week at 400, 800 sat in the very near future very very likely

How do you know it was fake? Source?

Good input today, thanks a lot!

I am into NEO and STEEM at the moment, I think this cryptos have a great future.

The Path to Liberty!

Yes absolutely :)

nice post...resteem.

I don't have so much time to trade these days...

I buy physical gold and silver. Forex trading on GBP/JPY pairs.
Mining Ethereum.
Exchanging Ethereum for Bitcoin and altcoins.

The fork was great - I pushed all my altcoins back into Bitcoin and got some free Bitcoin Cash - which I converted most of to cash to buy more mining hardware, then pushed my stash back from bitcoins to Ethereum and altcoins.

These crazy times are great. Free money when you dip your wallet in. :)

I am glad to hear smart stuff like this.

How much do you think you paid in all the tx fees???

I know some people forget about that. Hopefully nothing compared to the profits.

I am into Stratis, XVG and PIVX.

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