Why are cryptocurrencies mooning?

etherpunk (75)in #market-analysis • 7 years ago (edited)

It took cryptocurrencies about 8 years to build up to a $15 billion market in January 2017. Today in November 2017, the market has reached new heights of $300 billion. There are plenty of reasons why it's booming, but all my magic internet research has led me to Steem's emergence in early 2016. Yes, much truth. Very analysis.

_{This is @kevinwong's microblogging account!}

#cryptocurrency #catalyst

7 years ago in #market-analysis by etherpunk (75)

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aldentan (67) 7 years ago

That's some dope ass research lol

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kevinwong (76) 7 years ago

Let me know if you need any markets analysed

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abh12345 (76) 7 years ago

😂👌🏽

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canadianrenegade (66) 7 years ago

The bankers started buying BTC and other cryptocurrency.

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anomiej (45) 7 years ago

thank you for big analysis. Much true

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dandesign86 (68) 7 years ago

I agree with you analysis, it's the Steemification period that got the market to boil this is a fact scientifically!

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kevinwong (76) 7 years ago

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dandesign86 (68) 7 years ago

Hahaha

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infidel1258 (67) 7 years ago (edited)

Dude. The Steem pump today! Wow! From about .88 cents a few weeks ago up to 1.19 right now!

Also crypto market cap was about 270 two days ago 309 billion right now.

Crazy. Awesome. Good times.

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simonjay (76) 7 years ago

Haha great to see the hours of research put into this article @kevinwong and the technical graph hehe it will definitely increase in value just slowly over time.