What Are YOU Trading Today, & Why? | E.36 of a Community Based Engagement Resource for Everyone! June 26th /2017 Market Stats/Charts Overview for Newer Crypto Family! | Market Cap bleeds out + $20B in ~3 days. BTC Dominance back UP as a result.

in #cryptocurrency7 years ago (edited)

The markets have been bleeding RED for a lot of the last 3 days! Please share what you are BUYING or SELLING -- and why????


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.

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!!!

Another epic week in the Crypto Markets people!!



21 days ago we crossed the $100B mark for the first time ever, in the Crypto Currency market space, on June 5th, 2017 - a definite piece of history!

It gained a massive $10B in a week, money continued to pour into the market and crypto projects/coins and today we sit at $112B in money invested in the total Crypto Market Cap - after a tough week of red and corrections in the space.

15 Days ago, June 5th, do you remember when I said this below???

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Take Note you are about to witness history this week... The Market Cap has climbed nearly $10B in a week, (after that last weekend dip) where it was at $78B..... You are about to see it cross the $100B mark for the 1ST time everyone, it is at almost $96B today!!

in this post??



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

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787 Currencies / 135 Assets / 4387 Markets

Market Cap: $94,771,142,981 / 24h Vol: $5,559,941,943 / BTC Dominance: 42.5%


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:

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Bitcoin had smashed thru the $4000 barrier in Canada ($CAD) in the last ~21 days or so, and broken the $3000 $USD barrier. Have you ever seen anything like this friends???

Then this last weekend, all the Crypto markets took a dip. We had climbed back up from the tough week before to another near record ATH for markets at about $117B......and then......

....Correction time and we are all the way back down at ~$94.7B market cap.... we took about $20B in losses the last 72 hrs. and dipped under the $100B mark for the 2nd and extended time, and quickly in the last 2 weeks.

-- No need to panic! They had recovered as usual, and right back to former and near or NEW ATH's!! (All Time Highs) but that is the story over the weekend and today people.

You will note that the BTC dominance factor is back up well over 40% for the ~1st time in 2-3 weeks as people put money back into Bitcoin when there is a scare in the alt coin markets. It is sitting about 42.5% today.


ETH took a huge dip this last few days and lost ~42+ % of it's high value over $400 USD just 13 days ago. And ~$10B of their market cap!


~4 year BTC chart: (CMC - CoinMarketCap.com)

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1 month BTC chart: (CMC - CoinMarketCap.com)

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~95% of Coins/Assets (combined total from CMC.com) are in the RED or trading at losses: it has been a brutal last 72 hrs or so. I am not even going to count them all.

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It's bloody.


CoinMarketCap Top % Gains for the Day! These are sorted by GAINS and since the whole market nearly is trading at a loss in the red, there are 3 coins only in the green!!! Then the sort descends showing the least losses, that is how bad this is.







" " " Top % Losses for the Day ! :

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Did you notice that out of all the coins, in the RED that Bitcoin is the only major coin not bleeding double digit red, sitting at just over 5% losses for the day now at $2436 USD

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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/steemstock/@barrydutton/steemstock-update-1-steemstock-still-happening-event-organizer-says-life-got-in-the-way-date-changed-to-feb-march-so-it-does-not

https://steemit.com/steemit/@barrydutton/official-poll-results-just-in-steemit-wins-again

https://steemit.com/steemit/@barrydutton/some-good-news-2-steemit-milestones-thanks-i-hit-2000-followers-and-14-000-posts-or-what-a-ride-steemit-family-thank-you

https://steemit.com/steemit/@barrydutton/the-steemu-asks-what-are-you-blogging-about-today-or-e-3-or-drop-your-links-and-ideas-here-like-mad-pictures-thoughts-ideas-etc

https://steemit.com/cryptocurrency/@barrydutton/steemians-warning-day-2-do-not-use-poloniex-at-this-time-for-your-steem-and-sbd-transfers-ethereum-and-maybe-other-things-here

https://steemit.com/steemitcampfire/@barrydutton/steemit-weekend-camp-fire-series-or-weekend-8-or-we-are-steemit-family-come-visit-around-the-fire-with-your-family-every-weekend

https://steemit.com/steemit/@barrydutton/facebook-wallet-fridays-show-me-yours-or-e-3-or-that-s-right-think-on-that-a-new-series-for-outreach-and-to-give-fb-the-business


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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:  

20 billion lose in 72 hours..... WTF!!!!
All that happened because of the ETH flash crash, well not exactly. I think the market overall was do for a minor correction. It just so happened that ETH flash crash caused the start of the mini correction.

I am BUYING, not selling at all....THIS IS A BUYING OPPORTUNITY.

^^^UPVOTED^^^

I'm raking in the Stratis (STRAT), Antshares (ANS) an Digibyte (DGB) today. Loving this crypto game right now. Glad I had some cash laying around to throw into my buying account for "times like these".
Just wait til Stratis releases their Tumbler Wallet in a few weeks and Strat goes through the roof.

I've been hearing some good things about this.

Great reply - thanks a lot for your REASONS you have given here too!

Market bleeds out because ether bleeds and most of the user cryptos are based on ETH. When ETH is back, the market ist back as well.

Lot of truth to this and we shall see where any of the Ether money goes too.

Today I bought Ethereum and Litecoin. I still have a gut feeling Litecoin will break out.

I feel like ETC will break out after Emerald Wallet launch

When will it launch. ETC is Ethereum? So new to this.

ETC is Ethereum Classic Developers said wallet will be launched this week or early next

Thank you.

I think you are right and I hope we both are LOL.

$LTC too, I feel similarly about still.

Nice hearing from you sister!

Im trading really low altcoins, they have 100-1000% days! crazy profit if you hold long enough, i made 90$ on a 140$ trade in 3 days! easy money!

This is great doing, and can be done with coins like espers and other 1-100 sats coins.

To much red in my holdings today but bought some steem at .00064 so nice profit if i sold now

It's open season for buying quality coins as far as I'm concerned. Getting my Stratis and Litecoin games up!

Just wait til you see my good news post going up in the next 10 or so mins!!!!!! I've found the silver lining for us all, in the charts. Hang tight. I kept working away here.....

Let's just say I have followed your lead the last week by and large.

Buying steem selling sbd! Steem power!

I just bought some steem.

I bought today a lot of litecoin and ETC and i never sell when it is red i know its just a sale.

Great input today by you, people can learn!

Buy the Dips!