RE: Cryptocurrency, This week. 2018 would be the year Whales make “All Hell Break Loose''
@hamzayousaf Thank you for sharing deep details with us. You are really helping newbies like me.
As of today, there are 1594 cryptocurrencies available at coinmarketcap and the total market valuation represents $274,954,590,832. At its peak in January the value was close to $800 billion, meaning it lost close to 75% of its total valuation. Another interesting point to make is that bitcoin, during this peak, lost most of its dominance shifting from a 84% dominance to a merely 36%; it’s now regaining traction as bitcoin market dominance currently sits at 45%.
The report from employment search engine Indeed, is really shocking and it's really bad to know that the jobs are now decreasing.....
The bitcoin results for this week (21% Low) are really shocking but on the other hand it's the best and right time to invest in most amazing currency of all time.
According to some reports, BTC will rise again in October 18.
Let's see what happen.
Bitcoin is likely to compete for a dominant position in two primary markets down the line, the worldwide store of value market and the global medium of exchange segment.
Given the magnitude and staggering market value of these markets Bitcoin should go much higher over the next several years.
@hamzayousaf let's hope for the best!!