I've found the Silver Lining for STEEM and STEEMIT in the markets bleeding out RED! The numbers actually do not lie. We are actually doing GREAT. I've broken this down with the charts/numbers.
Here are the numbers for you. STEEM is doing actually really well, when you consider 99% of the market is running at a LOSS in the RED and that about ~95% of the market is actually in DOUBLE DIGIT LOSSES now over the last 48-72 hours. Keep reading!
The markets have been bleeding RED for a lot of the last 3 days! STEEM is down but I think because the currency is backed by US -- the people and community /content, which are the product or backing so to speak, we are doing OK!
Today's Crypto Currency Market Overview stats via CMC.com (CoinMarketCap.com)
--
787 Currencies / 135 Assets / 4387 Markets
Market Cap: $94,771,142,981 / 24h Vol: $5,559,941,943 / BTC Dominance: 42.5%
--
Look, we have lost about $~20B in total Crypto Market Cap the last ~72 hours, we know this. We were back up to around $116B and now we are at around $95B. STEEM currency is doing better than the market average in a bad time!
Super news!
--
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:
Look at STEEM hanging in here at the #14 position and only down 7.75% in the last 24 h. period after all this bloodshed!!!
On a day like today, would you not take remaining in the Top 20 coins sorted by Market Cap, in a bloodbath????
That is good news!!!! On both counts!!!! Look:
--
1 month chart is the best breakdown of this, given the recent "highs" not long ago to today's 'low" -- See a trend??
The GOOD news here, which is the 3rd piece of good news is that the trend shows STEEM trending basically sideways around the $2 USD mark!!!
Right?????
Guess what other coin has been trading sideways the last while too, and has about the same amount of losses as STEEM today and recently?
--
Yep, Bitcoin. Not too shabby, look at the 2 charts that look nearly the same! (:
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:
--
https://steemit.com/steemit/@barrydutton/official-poll-results-just-in-steemit-wins-again
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
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.
Here are the numbers for you. STEEM is doing actually really well, when you consider 99% of the market is running at a LOSS in the RED and that about ~95% of the market is actually in DOUBLE DIGIT LOSSES now over the last 48-72 hours. Keep reading!
The markets have been bleeding RED for a lot of the last 3 days! STEEM is down but I think because the currency is backed by US -- the people and community /content, which are the product or backing so to speak, we are doing OK!
Today's Crypto Currency Market Overview stats via CMC.com (CoinMarketCap.com)
--
787 Currencies / 135 Assets / 4387 Markets
Market Cap: $94,771,142,981 / 24h Vol: $5,559,941,943 / BTC Dominance: 42.5%
--
Look, we have lost about $~20B in total Crypto Market Cap the last ~72 hours, we know this. We were back up to around $116B and now we are at around $95B. STEEM currency is doing better than the market average in a bad time!
Super news!
--
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:
Look at STEEM hanging in here at the #14 position and only down 7.75% in the last 24 h. period after all this bloodshed!!!
On a day like today, would you not take remaining in the Top 20 coins sorted by Market Cap, in a bloodbath????
That is good news!!!! On both counts!!!! Look:
--
1 month chart is the best breakdown of this, given the recent "highs" not long ago to today's 'low" -- See a trend??
The GOOD news here, which is the 3rd piece of good news is that the trend shows STEEM trending basically sideways around the $2 USD mark!!!
Right?????
Guess what other coin has been trading sideways the last while too, and has about the same amount of losses as STEEM today and recently?
--
Yep, Bitcoin. Not too shabby, look at the 2 charts that look nearly the same! (:
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:
--
https://steemit.com/steemit/@barrydutton/official-poll-results-just-in-steemit-wins-again
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
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
Followed, upvoted and resteemed.
Many thanks, it is appreciated.
You are wellcome
Followed back, it is past bedtime for me now for sure!!!
Thank you
NP and thank you again too!
Share the info if you think others can use it!!!!
This is going to prove to be another buying opportunity for all cryptos IMO. Shake out the weak hands and reward the people who are long. Great time to trade in your SBD's for STEEM
Steem is doing good so far, when it comes to the rest...i think those are discount prices...Holding and buying moooooore!
We are doing great and bloggers can earn money with their creativity without relying on ads. Thats unique
And things will get better too!
I think it is very true, and I think a lot of others agreed once they saw this info, thanks!!!
Awesome work and I love the data. I can't wait till Crypto's break out of this little funk their in right now. Great work my friend.
Thanks for the great input here, I honestly have missed hearing from you LOL!
I was gone for 10 days on vacation. I need to get caught up on all your work. Lol
Bahahaha!
That is funny.
You only have ~45 blogs or so then to review!!!
(:
Lol ok it might take me some time to get through them all then lol
Good stuff...upvoted...can u follow me.....i am new and i will be very thankful to u bro
I did give you an UV just now, it will help you a bit. Send me some of your content when you get it up!!!
Welcome to Steemit, I see you are new!
Thankss.followed u
This is good to know how Steem compares and is a bit less volatile.
Thanks Barry.
Hey, thanks for dropping by!!!! I love hearing from you -- thanks so much.
When I saw the BTC chart and the STEEM chart trading sideways similar to each other for a month chart-- I knew this was one of the key 3-5 Silver Lining takeaways here to be happy about!
Steem On my friend, thanks for the comments and support and encouragement.
Awesommmmme @barrydutton ! Powerin' Up here like a mad freak ! STEEM Onward man !
Freak ON!
LOL!!
Great reply - thanks a lot!!
Beautifully analyzed. Steem is not doing badly when compared with the whole market.
I think it is very true, and I think a lot of others agreed once they saw this info, thanks!!!
Followed, upvoted and resteemed.