Crypto Market Update: Market Continues Strong Recovery Back to $161B Market Cap. | + ~$21B of Gains in 2 Days! | 9-6-2017. | $700M Gained While I Typed This Post!

in #cryptocurrency7 years ago (edited)

After the latest market correction (aka Crypto on Sale Prices!) down around $40B over 3 days, we are back in full recovery.

We are continually seeing records and ATH's (all time highs) being broken every single day, sometimes, within minutes or hours of something being broken!

We are doing OK.

We need to remember we are all still early adopters here and the markets and new people/money are finding their way here with us.


The market honestly gained $700M while I typed this, adjusting my charts and formatting and numbers, so I had to adjust them here again LOL.

Good Times!


PERSPECTIVE:

Remember we JUST crossed the $160B Market Cap August 28th for the 1st time!

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That was just 8 days ago people!!!

I wrote about it right here

We are back in that range again and everything is in the green heading back up again the last 24 hours and my 2 updates.

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We crossed the $170B mark just days later after that 8/28th market cap moment!!


And..... just days before that:

$150B Crypto Market Cap crossed 1st time ever: 8/23/2017!


Remain Calm. History is on our side here.

Balance and Perspective is key here.


CoinMarketCap.com Charts for the day, current 1:20 pm EST:

Top by Market Cap:

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Top by % Gains / 24 hours:

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Thanks for reading, have a nice day.



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Some of my recent blogs:

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https://steemit.com/cryptocurrency/@barrydutton/2ragpj-video-world-crypto-network-daily-stream-from-today-13-mins-or-news-of-the-day-with-thomas-and-the-wcn-crew-or-today-in-bitcoin

https://steemit.com/steemit/@barrydutton/steemit-101-how-to-change-your-profile-pic-avatar-here-on-steemit-and-add-a-cover-photo-now-too-or-simple-instructions-for-non

https://steemit.com/cryptocurrency/@barrydutton/crypto-market-update-market-continues-strong-recovery-back-to-usd154b-market-cap-or-usd11b-of-gains-in-a-day-or-9-5-2017-or

https://steemit.com/life/@barrydutton/pretty-cool-message-update-today-from-the-president-of-liberland-update-included-overview-of-liberland-for-newer-folks-to-crypto

https://steemit.com/bitcoin/@barrydutton/crypto-bitcoin-101-or-movie-links-overview-included-banking-on-bitcoin-83-mins-super-resource-for-new-crypto-family-friends

https://steemit.com/cryptocurrency/@barrydutton/crypto-market-in-recovery-crosses-back-over-the-usd163b-threshold-mark-lots-of-green-in-the-markets-today-or-usd30b-in-market

https://steemit.com/life/@barrydutton/daily-digital-detox-a-steemit-community-life-series-and-reminder-or-e-37-or-intentionally-regularly-unplugging-my-quick

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LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

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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.

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Balance and perspective brother Barry, you said it. It's hard to watch my portfolio shed a lot of gains, but I know what side of history I'm on here and so i hodl hodl hodl. And I feel like there are people just waiting for an entry point and so here we go again, in the green. And it's likely that those who cashed out are reentering at cheaper values. And man, once you can spend this stuff more widely, people will just keep it parked.

Anyway, wow, what super exciting times! We are on our way to more justice.

Had to UV that comment!!!!

Epic reply from a legendary Steemian!!!!

Thanks for the comments today, it was super to hear from you man.

I hope people read your wisdom there.

You are too kind Barry! Onward we go...

The recent drop was just a market shake-out. This correction was necessary for us to make this next leg up as it gave investors a chance to make ridiculous profits almost overnight :)

I'm waiting for my EOS to go back up above $1 so I can get my Tesla :P

I went back to one of my new fav. pizza places tonite.

Their pies are really quite proper.

If you know about it --- they will offer or bring you a little bowl of red thai chilies, in oil!!!!

You fire those bad boys on your pizza and that's amore bro!

#NotLethalButTasty

(:

this is very encouraging news

It is a regular thing in crypto

LOL

There was $30 billions loss 4 days ago, still need to recover 10 more billions.

Like I had mentioned, it was closer to $40B --- and we are recovering really well.

We see this all the time.

Good news. Start to Investment