Tipsy Market

in #life7 years ago

it is said it is always calm before the storm.

1.jpg

What the **** is going on?

It is a beautiful day, the sun is shining and birds are singing. Somewhere across the street a man walks smiling. Elsewhere a mother pushes her baby in a carriage carefully as the little one takes in all the new wonders of the world. A family is riding down the street on their bikes.

However, somewhere deep in the digital world a storm was brewing.

Sunday, it seems that the day itself would carry more stability. Wrong, the day brings tides of uncertainty and panic.

6:00 A.M. the CoinMarketCap shows a capitalization of 109,766,000,000. Not too shabby.
10:00 A.M. the CoinMarketCap keeps us updated at a new standing price of 110,284,000,000
12:30 P.M. Hey, before we know it the capitalization is 111,014,000,000

_____-----_____-----here we go------______------______

3:30 P.M. the Cap taper off to 108,610,000,000
7:00 P.M. damn were now at 107,677,000,000
8:00 P.M. 105,420,000,000
10:20 P.M. oh my friends we are reading 102,368,000,000

and right now we are closing the day off around the rand of 106,000,000,000

chart (1).png

The market topped off at 111-B and bottomed out at 102-B

a TEAR of 9 billion, a spread of approximately 8.1%
--- lead by a powerful volatility in ETHEREUM- jumping from 330$ to 284$ - a spread of approximately 15%

Where do we go from here?
What is Ethereum looking like to you?

It would be a pleasure to hear some insight and opinions on this situation.

  • Here to help and to learn
    -CryptoFit

Coin Marketplace

STEEM 0.22
TRX 0.26
JST 0.040
BTC 98487.39
ETH 3469.86
USDT 1.00
SBD 3.23