The total market cap of all Cryptocurrency is now over $500 billion. Bitcoin dominance is 36%. This indicates the volatility of the crypto market. Just a weeks before, the market cap was under $350 billion. Currently, Bitcoin is 4% up and trading at $11k. Look at the upward chart from Coinmarketap.com
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Crypto market is volatile but we should not lose hope. One week before, It seems that Crypto market is going to have long-term bear market. Currently, No Fud is working. Just a few weeks before all the bad news impacting the market. South Korea Cryptocurrency exchange ban, EU Crypto strict Crypto Regulations, Indian bank's Cryptocurrency allergy, Chinese strict regulation on Cryptocurrency including Crypto mining. one after another all the bad news harmed the market.
The moral of the Cryptocurrency story is that we have to believe in Cryptocurrency. Cryptocurrency is the future
Some experts believe that Bitcoin price will be $50k at the end of this year and the total cryptocurrency market cap will be over $1 Trillion. I think this is the problem for Cryptocurrency and bitcoin in General. When market starts to move in a positive direction, experts start to predict the future price of cryptos and bitcoin. Overspeculation is not good at all for investors.
What do you think of Cryptocurrency and Bitcoin in general? What is your opinion on the future of blockchain technology? I am expecting comment from you.
Thank you for taking the time to read this post. Your comments and upvotes are highly appreciated.
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Thank God. Yes, finally market cap is up from $500 billion and bitcoin crossed $11k. Now critics can say again that it has doubled in less than a month :p
Finally time has come to start tagging those people who were tagging me in the bad days of bitcoin in the bitcoin memes :)
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It may down again. Whatever the current price is, always believe in the future of blockchain technology and cryptocurrency in general. cheers!!
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Do not think about just market cap. Think about use case of cryptocurrency
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Well that didn't last long, with the latest sell off we are now back under 500 billion, hopefully we don't fall that much but we are due for a bit of a correction with all of the buying taking place over the past week. Do you think we will see a 1 trillion market cap by summer or are we going back to 350 million or lower?
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I can't predict. But Blockchain tech is the future
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I don't know about 1 trillion but I kinda doubt will get down to 350 billion again.
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don't be upset, if the market cap down below $350 million or lower. It will go up again. Cheers!!
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If it goes below 350 again, I'm liquidating anything non crypto I own and putting into the altcoins.
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Wow, its really good news for steemit community also. If crypto market cross over $500 billion then indirectly all crypto currencies including steem @ sbd will gain rise also. I am new user of steem but I love to comment , resteem on good posts. Hope steemit community will help me to get my first goal to get 1000+ followers and gain maximum rewards from steemit. Follow me @abdulemarketer and reward me with your good weightage upvotes.
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@abdulmarketer welcome to Steemit. I am happy that you like to interact with the community. I hope we can interact more in near future. Best of luck
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Thanks for the best wishes and ofcourse we will interact with each other from today. You are welcome.
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you are welcome
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I was so stocked when I saw this. This results proves that this year is going to be an even better year for cryptos than last year. Shoutout for your post @steemero!!!
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Thank for your reply
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Prepare for the rally friends!
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Thank you for your reply.
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BTC is up in 11k's and it's going up at a high rate. And now the market cap is 500$ billion. I think it's gonna go higher.
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Always believe in Cryptocurrency
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Sure I do.
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It's nice to see the market cap over 500 billions again.
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As you are a investor, You should be happy to see the positive price movements
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The cryptomarket is very hard to predict of. Many people who were making predictions gone wrong. Never lose hope when you are trading in crypto.
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Yes never lose hope.
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I am not understanding why the people are running behind Bitcoin
There are many good coins to invest and get good returns
AND that to even at low price
It seems like that their is only one cryptocurrency
According to me the steem will reach very high soon because
So I think steem will be very high in near future
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You got a 7.25% upvote from @ipromote courtesy of @steemero!
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Release the Kraken! You got a 11.27% upvote from @seakraken courtesy of @steemero!
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You got a 7.07% upvote from @buildawhale courtesy of @steemero!
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This post has received a 6.17 % upvote from @boomerang thanks to: @steemero
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The low and rise of Bitcoin in the last week, my particular opinion are policies with particular interests; that you are not interested in having a currency exchange transaction without a single type of intermediary.
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Bitcoin Leads Cryptocurrency Market Back Above $500 BillionPublished 13 hours ago on February 17, 2018 By Sam Bourgi.
The cryptocurrency market’s broad recovery continued on Saturday, as bitcoin inched closer to $11,000 and nearly all major altcoins reported gains.
$500 Billion Market
Cryptocurrencies achieved a combined market cap of $508 billion on Saturday, their highest since Jan. 30. The market is up 22% over the past seven days and a staggering 84% from the Feb. 6 bottom of $276 billion.
Gains were reported across most major assets on Saturday. Bitcoin led the major market rally, climbing more than 7% to a high of $10,874.24. At last check, the currency was trading at $10,813 for a total market cap of $183.4 billion.
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The time has come for kriptocurrency reign. Rhe symptoms and signal and sentiment are heading the same direction.
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This post has received a 0.38 % upvote from @booster thanks to: @steemero.
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good posting. thank you
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thanks for your appreciation
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