December 24, 2017: The total cryptocurrency market hit $ 587 billion yesterday and is now heading back down $ 539 billion. During the downturn phases, unknown cryptocurrencies grow, as does SALUS, for example, with ever-increasing growth rates (384%). But SALUS does not even have a homepage on the internet, but maybe you have enough money for it now. The Bitcoin itself is stagnating at $ 14,203 today and its market share continued to fall to 43.8%. We therefore see a broadening of the crypto market. The burden of cryptocurrencies is increasingly spreading to more and more shoulders and the vast majority of new decentralized business models are excellent. That's the big difference to the New Economy phase of 1999. Back then, most business models were utter bullshit, so there were few survivors. This is why we are in the second phase of cryptocurrencies, which is associated with the rise of many other business models. The huge rashes of the past week could otherwise quickly lead to a premature extinction of the cryptocurrencies if the rash hit down to zero. In this respect, damping down these extreme rashes up and down is extremely important for the survival of the cryptomarkets. Whether we are already in a new downturn today can not yet be said. But yesterday's ascent may indeed have reached its maximum height again, but the downturn will be modest and just as soon lead back to an upswing. For the next two weeks, no extreme rashes are to be expected because the opponents of the cryptocurrencies are on holiday. Thor's sledgehammer will not be used again until January.
