Well, I've found the Silver Lining for STEEM & STEEMIT again in these markets still LEAKING RED! | The numbers speak the truth. We're actually doing GREAT. | STEEM is a TOP GAINER overall the last 72 hours!

in steemit •  7 years ago 

Here are the numbers for you.

STEEM is doing actually really well, when you consider ~95% 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 ~20 days!!


Look, if you SORT by biggest gains (also meaning least losses).....

--

We are actually sitting ~19th overall out of 1142 currencies / last 24 hours period.

STEEM has been constantly hanging around the ~20th overall position in coins now for so many weeks, you lose track of it -- meaning it is consistently performing at this high level. - Basically months of this now - more good news.


Keep reading!

The markets have been bleeding RED for a lot of the last ~20 days!

STEEM is down from months ago, yes, but making gains regularly.

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!



The balance of this post contains info from my related posts in the recent days past. The numbers / rankings as we see, remain about the same. It has been neat to watch the stability.

STEEM just keeps hanging around the same area LOL, showing great stability overall.

That is the peg of a good currency.


Today's Crypto Currency Market Overview stats via CMC.com (CoinMarketCap.com)

--

1142 Cryptocurrencies/ 5661 Markets

Market Cap: $146,198,352,851 / 24h Vol: $2,606,575,801 / BTC Dominance: 48.8%

RECENT FACTS & NUMBERS TLDR:


Look, we have lost about $~35 to $45B in total Crypto Market Cap the last ~month, we know this.

We saw the massive ATH on Sept. 2nd, of $180B total crypto market cap. Then we lost about 40% or more of that in a few days.

We were then back up to around $161B and now we are at around $147B.

-- This pattern has repeated much of the last ~20 days, aka the extended China FUD period.

STEEM currency is doing better than the market average in a bad time!

Super news!


I blogged in the last ~month on all of this as usual. That can always be viewed easily just scanning down my blog.

During one of the recovery periods, you can see an example of that right here when it was back to the $161B range:

https://steemit.com/cryptocurrency/@barrydutton/crypto-market-update-market-continues-strong-recovery-back-to-usd161b-market-cap-or-usd21b-of-gains-in-2-days-or-9-6-2017-or

-- and a more recent one from the last day or so:

https://steemit.com/cryptocurrency/@barrydutton/what-are-you-trading-today-and-why-or-e-52-or-a-community-based-engagement-resource-for-everyone-or-sept-30-2017-or-basic-crypto


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 ~30 coins:

Look at STEEM hanging in here at the #20 position and either steady or UP about ~2.5 to 3% in the last 24 - 72 hr period even after all this bloodshed while most of the market is in the RED!

--

--

$STEEM currency page by itself:


On a day like today, would you not take remaining in the ~Top 20- 22 coins sorted by Market Cap, in slow or downturns, or thru a bloodbath????

That is good news!!!! On both counts!!!! Look:

--

1 month chart is the best breakdown of this, given the recent "highs" and "low's" -- See a trend??

The GOOD news here, which is the 3rd piece of good news is that the trend shows STEEM trending basically sideways here give or take.....

Right?????

The high point in our 30 day chart here is Sept. 7th -- at $1.63


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 ! (:


Factor in the total % of gains/loss for these 30 day-charts.... We are good!!!!

--


Thanks for reading, have a nice day.


My Philosophy In Daily Life & Travels:

--

I have always tried to be kind to people every day, as part of my life Philosophy, since I have always believed we can achieve more TOGETHER.



My path to Crypto is with you guys and we are on the path to Liberty.


We are all early adopters here, if you are even close to reading this today.

Be encouraged.



If you online search my name + PIZZA -- you will see my deep love of the pie as I seek to eat it, wherever I am, or whatever I am doing.


Life Goals:


-- Get Paid to Travel and Blog about Pizza & Those Travels.

-- Buy a Pizza Store.

-- Become Crypto Currency Independent and Love Liberty and Life!

-- Continue to Hold and Sell Real Estate as I have done for clients since 1991.

Don't let anyone tell you twins are a problem ever!!!!!

FUD or no FUD!!!








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/the-steemu-asks-what-are-you-blogging-about-today-or-e-22-or-drop-your-links-and-ideas-here-like-mad-pictures-thoughts-ideas-etc

https://steemit.com/freedom/@barrydutton/activist-post-when-you-end-up-fighting-government-corruption-and-your-mayor-and-city-hall-and-are-repeatedly-on-the-front-page

https://steemit.com/cryptocurrency/@barrydutton/what-are-you-trading-today-and-why-or-e-52-or-a-community-based-engagement-resource-for-everyone-or-sept-30-2017-or-basic-crypto

https://steemit.com/freedom/@barrydutton/2xmqni-liberty-post-of-the-day-or-do-not-drink-the-mainstream-media-statist-propaganda-they-are-in-bed-together-forget-the-left-right

https://steemit.com/steemit/@barrydutton/steemit-meme-of-the-day-forrest-gump-discusses-his-steemit-posting-strategy

https://steemit.com/steemit/@barrydutton/facebook-wallet-fridays-show-me-yours-or-e-17-or-that-s-right-think-on-that-a-series-for-outreach-and-to-give-fb-the-business

https://steemit.com/steemitcampfire/@barrydutton/steemitcampfire-series-weekend-22-is-tonight-just-a-reminder-and-runs-all-weekend-again-starts-in-a-few-hours-consider

https://steemit.com/life/@barrydutton/7pc9ns-daily-digital-detox-a-steemit-community-life-series-and-reminder-or-e-41-or-intentionally-regularly-unplugging-my-quick


Most stock Images / Gif's day to day- usually via Giphy.com , Funny or Die.com, Imgur.com, PixaBay unless otherwise noted, with thanks.

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.


Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Very nicely projected
Technical Analysis is best way to predict future of coins
Steem is skyrocked it will touch 2$ in oct & 3 to 4$ till Dec

Are you a policeman and cryptoanarchist?

Wait. I have to conform to labels now and there is only 2 things you think someone can be?

LOL

What makes you think I am either one of those, maybe I am none of them.

But you did not answer my question and asked me a question instead of an answer.

Exactly.

I like to not label people myself, nor do I like to be labelled.

If you really want to know, you can research my name.

Poor labels, they get so much stick.

  ·  7 years ago (edited)

i'm not very good when it comes to numbers; so, i'll take your word for it - and it's really great to hear that steem is doing good :)
btw: have you tried the lightshot software for taking screenshot? you should try it, you can mark special places, use arrow sign when needed, and highlight texts - really cool

Thank the Lord there are charts in there for us!

LOL

-- don't take my word for anything. Charts and research I keep easy so everyone can use the same resources and find their own conclusions.

(:

-- but thank you.

  ·  7 years ago (edited)

i'll try... and you are most welcome :)

good post, interesting blog, nice t-shirt))
follow you!

I do get comments all the time about the shirt, hahahaha!!

Thanks for reading and commenting today.

hy friends ... your post tonight is really amazing ... i like it very much

Really?

What part did you like????

  • sounds like a generic reply you paste to everyone. If i checked your comments tab what would I find........

I have a few satoshis left in my wallet ... it will be a little more than 100 dollars ... do you recommend me to pass it to steem? ... or I wait a little? ... i read that china is about to allow the btc again .. .suppently that would make an important rise of btc ... what do you recommend? change or wait?

I don't like to give trading and financial advice.

Put your money into projects you research and believe in.

@royrodgers has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo

@reported has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo

Keep up the great work Barry! :)

Holy cow, dinner with Bob the Statist and the other side of the coin, so to speak LOL.

I love you buddy, keep speaking the truth.

-- you are important Joshy!

Thanks for stopping by man!!! Have a great week sir.