LOOKING AT TODAYS CRYPTOMARKET

in #coinmarket7 years ago (edited)

 

 

FIRST IS TO SAY THAT NOW NOT ONE YEAR AFTER ME GETTING INTO CRYPTOCURRENCIES FOR THE FIRST TIME IT SEEMS THAT THERE IS ACTUALLY A CHANCE FOR THE ENTIRE CRYPTOSPHERE TO OUTSTRIP THE ORIGINAL STOCK MARKET. EVEN THOUGH IT IS STILL QUITE YOUNG THE CRYPTOCURRENCY ECONOMY IS MAKING HUGE MOVES TO ESTABLISH ITSELF AS A NEW NEW ECONOMY PLATFORM. CONSIDERING THE FACT THAT THERE IS A LOT OF HYPE SURROUNDING IT AND IN TIMES OF ALL THE NEW IN-TIME MEDIA OUTLETS AND PLATFORMS AN EVER FASTER GROWING INTEREST IT CERTAINLY LOOKS VERY PROMISING FOR THE FUTURE. ALMOST A MONTH AGO THE ENTIRE MARKET WENT DOWN TO BELOW 70 BILLION $ MARKET CAPITALIZATION TO NOW CLIMB BACK TO RECORD HIGH LIQUIDITY AND A MARKET CAPITALIZATION  THAT IS WAY BEYOND ONES WILDEST DREAMS FOR THE YEAR OF 2017.

CURRENTLY THE MARKET COUNTS 170+ BILLION DOLLARS SO FOLOWING ABOVE MENTIONED LINE OF EVENTS ALMOST 100 BILLION ON TOP OF WHAT WAS THE LATEST SETBACK, WHICH IF YOU BE HONEST WITH YOURSELF WASN ́T REALLY THE END OF DAYS HERE WHEN YOU THINK BACK TO THE BEGINNING OF 2017 WHEN THE MARKET SAT AT BELOW 20 BILLION $. ABSLOUTELY INCREDIBLE NUMBERS OF PURE STAGGERING GROWTH THERE. SINCE JANUARY THE WHOLE INDUSTRY EXPLODED TO 8 TIMES THE VALUE IT HAD ONLY 8 MONTH AGO.

THESE DEVELOPMENTS MOST CERTAINLY ARE TRULY ALARMING TO SOME EXTENT SINCE I DEFINITELY HAVE NEVER BEEN PART OF THOSE TYPE OF INVESTMENTS. FOR MY PART SINCE EVERYTHING IS HAPPING SO FAST ONE IS ALWAYS TRYING TO KEEP TRACK OF THE LATEST DEVELOPMENTS I GET ALSO THE IMPRESSION THAT THESE HUGE JUMPS CAN ́T BE SUSTAINABLE AT THIS POINT IN TIME. 

MOST PEOPLE AT THE BEGINNING OF THE YEAR SAW THE CRYPTOCONOMY NOT EVEN AT AN EARLY ADOPTER STAGE AND NOW I GET THE FEELING THAT EVERY DAY NOW COULD BE THA DAY THAT THE CASHIER OF ANY RANDOM GROCERY STORE IS ABOUT TO TEACH ME ABOUT CRYPTOCURRENCIES AND HOW IT WILL BE THE FUTURE OF INVESTING, FUND RAISING, SUPPLY CHAIN MANAGEMENT ETC. 


WHAT IS YOUR STANCE ON THE RECENT EXPLOSION AND CRYPTOFEVER OF THE WORLD AND WHERE YOU THINK IT IS HEADING?

As of always thank you for reading, commenting and resteeming my content and stay CRYPTUNED!!
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Great. Thanks for sharing. I'm starting to follow you.

Thank you capari. I´ll try to keep up consistantly working on improving my post.

Have a good day.

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