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 to and refer to the resource.
The markets have been bleeding RED for a lot of the last ~100+ days!
MOST of the last ~45 days have been great times! -- essentially since the August 1st Bitcoin Hardfork Day, when everything just picked up the afternoon the Bitcoin Fork happened.
We went back over the $100B Crypto market cap starting August 1st.... it stayed there and rose steadily and quickly.
-- buoyed by the Hard Fork / The Forkening of the Bitcoin on Aug. 1st...... into the Bitcoin Cash. Symbol -- $BCH
We hit our market cap low point on July 16th around 8 am EST -- seeing the bottom around the $63B mark. We lost about HALF the total Crypto Market cap at that point.
We basically touched the $180B Market Cap - our current ATH high point Sept. 2nd just before 10 pm EST / 2 am UTC:
It is easy to track in my various update series' --- we had gained $30B of market cap recently in 15 days. And lost it.
The history of June/July leading up to where we are now, is in the 2nd half of this post.
Use your charts.
They show us today right back to the Aug. 24th range where we were making big market cap gains every day, blowing past the $150B mark --- and kept going. Right up to that Sept. 2nd date / $180B mark.
PERSPECTIVE & RECENT HISTORY:
$150B Crypto Market Cap crossed 1st time ever: 8/23/2017!
--
Remember we then JUST crossed the $160B Market Cap 8/28/2017 for the 1st time!
--
I wrote about it right here
--
We THEN crossed the $170B mark just days later after that on 8/31/2017 around noon UTC time / 8 am EST.
--
And remember what I just wrote above near the start of this post ----the ATH range of NEARLY breaking thru the $180B Market Cap..... Sept. 2nd here where you can see this month in brief, and the high point Sept. 2nd just before 10 pm EST / 2 am UTC:
We will be back there soon enough and upwards folks, it takes time to ride out some of the FUD and bad news (Fear, Uncertainty, Doubt) etc.
Remain Calm. History is on our side here.
Balance and Perspective is key here.
90 Day Market Cap chart for TOTAL Crypto Market/ All Coins (CoinMarketCap.com)
--
--
30 day Chart " " :
--
TODAY: $131B MARKET CAP
That's up roughly $4B in 6 days since my last update in THIS series, not to mention the other ones I do in a given average week.
The sustained losses the last 2 weeks are largely due to FUD / news out of Communist China about their stance on ICO's and banning them, and further news about them banning Crypto exchanges.
China does NOT control the whole crypto space and regulation.
Please share what you are BUYING or SELLING -- and why???
Pls. skip to the end if you want to reply, keep reading for the charts and recent history in this series.
The Recent History Leading to Now:
It's definitely been a rough ride again realistically a lot of the last ~115 days, lately- but recovering well and then some the last ~40 days!!!
If you omit the last week and the China FUD we discuss today, we are good!!
Since the June 20th Market Cap ATH of $117B, it has been down...... then up a bit.... then down again. Then up....wait.....nope - then down again then back up..... LOL!
The last ~40 days since the Aug. 1st Bitcoin Forkening has been a rocket straight up for the most part.... though as those charts show in my post.
That Sept. 2nd $180B Market Cap ATH was epic.... but sadly we were due for a correction and it came as you can also see.
Recent History Leading Us to Today:
~60 days ago when I did my update here on this we were recovering big time....... still depressed but slow recovery at $74B market cap and as high in recovery as $96B.
~55 days ago on my update here - we were at $89B. But we had not crossed the August 1st Bitcoin forkening date!!! And then...
~48 days ago here on my update we had finally crossed back into the $100B market cap range -- that day sitting at $102B when my update here was posted.
The Bitcoin fork day on August 1st changed everything in a lot of ways in the market -- and that was ~47 days ago now and apart from some red / corrections in the market here and there -- we have not looked back and the bull market has been charging ahead ---(Again, but for the Sept 9-16 range of FUD/ China news we mentioned)
--Look at the market cap gains daily overall since 8/1 - in the charts I posted earlier.
That's STILL + ~$46B gained since August 1st (40 days ago) ! - Right?
--
(again, we had the recent corrections or we would be still over $180B today)
--
My last updates on this in descending order (newest to oldest)
It has been a fight!! But we love our Crypto!!!
--
We have been been hovering around a depressed $90-94B Market Cap MOST of the June 10th to August 1st dates.....so it was around 54 days.
Really since the market dumped right after the June 20th $117B ATH market cap.
The lowest points since the first week of June after months of sustained upward growth and news. We have had 3 dumpenings down to this range:
Here is the ONE YEAR Chart for total Crypto Market Cap as such so you can see / remind yourself where we came from, what we have dealt with to this point -- and where it looks like we are headed:
BITCOIN: The Forkening......
--
..... has now come and gone (August 1st 2017 Fork date)
--
That was playing havoc with the markets, we know this.
-- There is a lot of jostling going on still now, since the Aug. 1st Forkening for this one reason alone, adding the extra volatility to the markets.
Like the last few weeks when I updated this series.... or my other series on the markets..... the markets gained some similar recovery for a day and then crashed again.... what are we going to see the next 24 hours - 72 hours??????
We have been in steady bull uptrend the last week as I mentioned above.
-- Never a dull day in Crypto LOL.
--
Markets Previously Topped out June 20th / 10 pm EST at $116B - had a big correction and then kept rising.
Around Sept. 1st we touched $180B after weeks of huge gains!!!!
-- with that day being the previous ATH ( All Time High )
I refer to history often, and charts - as a reminder of perspective & balanced trading perspective.
--
You can see the weeks of that proof here in the charts provided above where we topped out at $116.5B on June 20th around 10 pm EST / 6 pm EST. I have shared this chart a few times now:
-- Btw. August 20th and the end of August - it had gained another ~$23B bringing us to then new ATH of $168B as of August 30th.
-- Sept. 2nd -- It teetered on and off for several hours at the $179.8B mark, oh so close to $180B! (10:45 pm EST / my last check doing a blog post here)
Here is my post and market overview with charts, the night we touched the $180B Market Cap for the ATH end of Aug. / 1st of Sept. 2017:
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!!!
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!
--
Some of my recent blogs:
--
Stock Images in most cases unless noted: via Giphy.com , Funny or Die.com / Pixabay.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
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.
