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Author Topic: Finally $200 billion total Marketcap is achieved.  (Read 1144 times)
Afnan_faizah
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May 17, 2019, 03:47:40 AM
 #121

I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?



https://coinmarketcap.com/charts/
Be careful, crypto investment has very big risk. Many fund that converted to bitcoin now it is mean that investors who invest in it are looking for profit. To prevent huge financial loss of new investors I suggest to all of them to sell their btc if the price of it fall 20% from the highest point of this bull run. They still can get profit if they keep am eye on the price chart. For me it is not a problem because I buy bitcoin at cheap price Cheesy .

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May 17, 2019, 04:26:55 AM
 #122

I went to sleep yesterday, and then the market cap was $260 billion and the Bitcoin exchange rate was around $8,000. When I woke up 7 hours later, the market cap has declined to $220 billion and the Bitcoin exchange rate has plummeted to $6,800 per coin. What's going on here? Then I checked websites such as Coindesk, to get an idea about this crash. The only interesting news I could find was the decision by Judge Joel Cohen of the New York Supreme Court, who asked Tether to freeze its loan and the line of credit that was provided to Bitfinex. But I don't think that this alone can cause the crash.

We can call that as FUD, there was an abrupt dump that I have also witness just lately, however it seems like the market is again picking up now.
There is nothing to worry, that news either is not big IMO, so let's keep the optimism as bitcoin is due for a success this year.
As of now, the coinmarketcap is now $232 billion, big improvement in just a short time.

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May 17, 2019, 05:18:45 AM
 #123

Be careful, crypto investment has very big risk. Many fund that converted to bitcoin now it is mean that investors who invest in it are looking for profit. To prevent huge financial loss of new investors I suggest to all of them to sell their btc if the price of it fall 20% from the highest point of this bull run. They still can get profit if they keep am eye on the price chart. For me it is not a problem because I buy bitcoin at cheap price Cheesy .

This is a very risky advice. The peak point reached during the current bull rally is $8,320 per coin (according to coinmarketcap) yesterday. 20% reduction from that level gives you $6,656 per coin. The lowest point reached in Bitstamp today was $6,252. So in case someone follows your advice, they would be selling their coins at the stop-loss price ($6,656 per coin). And right now Bitstamp is showing an exchange rate of $7,319.85 per coin. So it is very clear... had someone followed your advice during the past 48 hours, then he could have lost money.

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May 17, 2019, 06:12:43 AM
 #124

today the market cap is back to 220 bil after a sudden crash
at one point in time , the price was as low as 6500 ( Bitstamp)
so there is nothing certain in this market - while the analysts and traders were mulling if its a 10.000$ or 9.000$ mark next
bitcoin got 700$ surgically removed from its 8.000$ price just 6 hours ago  Wink

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May 17, 2019, 07:15:08 AM
 #125

today the market cap is back to 220 bil after a sudden crash
at one point in time , the price was as low as 6500 ( Bitstamp)
so there is nothing certain in this market - while the analysts and traders were mulling if its a 10.000$ or 9.000$ mark next
bitcoin got 700$ surgically removed from its 8.000$ price just 6 hours ago  Wink

I read somewhere that the lowest point reached in Bitstamp was $6,200 per coin, which represents a 25% decline from the price we had one day back. Anyway, the correction gave users who missed out earlier another chance to accumulate Bitcoin and the altcoins. I really doubt whether they will get another chance to purchase BTC at such low levels.

Now the markets are stabilizing at somewhere between $7,200 and $7,300 per coin. I was expecting 10K by the end of this month, but it looks very difficult now. Now my renewed target is 10K by the end of this year.
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May 17, 2019, 07:41:11 AM
 #126

I went to sleep yesterday, and then the market cap was $260 billion and the Bitcoin exchange rate was around $8,000. When I woke up 7 hours later, the market cap has declined to $220 billion and the Bitcoin exchange rate has plummeted to $6,800 per coin. What's going on here? Then I checked websites such as Coindesk, to get an idea about this crash. The only interesting news I could find was the decision by Judge Joel Cohen of the New York Supreme Court, who asked Tether to freeze its loan and the line of credit that was provided to Bitfinex. But I don't think that this alone can cause the crash.

In my opinion, retracement begins now. Its good to market because in bitcoin history, after a huge move, there is correction or retracement and its healthy to market to have strenght before bullrun starts.

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May 17, 2019, 07:43:48 AM
 #127

Yes! And the market will continue to grow in the near future, maybe near the end of 2019 there will be breakthroughs

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May 17, 2019, 08:11:07 AM
 #128

I went to sleep yesterday, and then the market cap was $260 billion and the Bitcoin exchange rate was around $8,000. When I woke up 7 hours later, the market cap has declined to $220 billion and the Bitcoin exchange rate has plummeted to $6,800 per coin. What's going on here? Then I checked websites such as Coindesk, to get an idea about this crash. The only interesting news I could find was the decision by Judge Joel Cohen of the New York Supreme Court, who asked Tether to freeze its loan and the line of credit that was provided to Bitfinex. But I don't think that this alone can cause the crash.

In my opinion, retracement begins now. Its good to market because in bitcoin history, after a huge move, there is correction or retracement and its healthy to market to have strenght before bullrun starts.
With this current conditions, new investors who's aiming to invest will have enough time to buy in and make their investment, it's an open market to both short term and long term investors, the retracement that's been anticipated usually create more interested people, while some of those day traders already cashing out and enjoying the profits, the sway will continue to bring more positive things to those believers who keep investing and trading.
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May 17, 2019, 08:53:21 AM
 #129

With this current conditions, new investors who's aiming to invest will have enough time to buy in and make their investment, it's an open market to both short term and long term investors, the retracement that's been anticipated usually create more interested people, while some of those day traders already cashing out and enjoying the profits, the sway will continue to bring more positive things to those believers who keep investing and trading.

That may be true, but at the same time, this crazy volatility is going to drive away a lot of the mainstream investors. I was checking the graphs from Bitstamp, and I noticed a sharp 25% drop in just 1 hour. Although the markets have recovered by quite a bit after that, this sort of volatility can harm the image of Bitcoin. Also, I think that the duration of the correction was too small to shrug off the non-serious investors. So in the future also, we can expect a lot of volatility (at least for the remainder of this year).
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May 17, 2019, 08:53:30 AM
 #130

There will be alot of alot good news for sure to spread the internet maybe few days from now by how much bitcoin gained this past month and will surely create a hype which will then hopefuly kill this bear controlling market.$200B cap is yet too far from last bull but a big milestone specialy after a very very long time of being dormant at dumped price

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May 17, 2019, 09:48:40 AM
 #131

The surge in the cryptocurrency market has obviously raised believe from already involved users and potential users.but I still have this feeling that the bullish run is not yet here and at some point the market will fall and rise at intervals
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May 17, 2019, 12:05:46 PM
 #132

The surge in the cryptocurrency market has obviously raised believe from already involved users and potential users.but I still have this feeling that the bullish run is not yet here and at some point the market will fall and rise at intervals
Even at bull run, there are also times that price will fall, just like today, there is a big fall of price but the belief of the people is still not lost.
In general, I don't see any panic here, what I see is that there are people to dump their big amount of money to take profit.
Eventually, it will rise again, you still don't believe now but hopefully time will come as bitcoin will be back on track to uptrend, you will accept that it's a bull run already.

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May 17, 2019, 05:29:53 PM
 #133

according to some sources  , the cause of this wipe  was Bistamp
there was a 26 mil worth of coins sold at a suspiciously low price  5600 or so if I'm not mistaken
the price was around 7800$ but this damping of coins made the price go as low as 6400$ at Bitstamp and caused a lot of troubles
this tweet sheds light on what has happened :
https://twitter.com/DoveyWan/status/1129246233917382656

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May 17, 2019, 11:24:06 PM
 #134

Everytime i check my wallet and bitcoin price,it's nice to see that bitcoin price keep on increasing and also makes the coinmarketcap increased. This is what we are waiting ,to see bitcoin climb back again like what happen last December 2017.
Now you can check every time your wallet and see that how your money is going to decrease. Because i think Bitcoin price was a big correction not a pump. In the last two year was long bearing market and i think this pumping is not like that in 2017 direction.
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May 17, 2019, 11:35:08 PM
 #135

today the market cap is back to 220 bil after a sudden crash
at one point in time , the price was as low as 6500 ( Bitstamp)
so there is nothing certain in this market - while the analysts and traders were mulling if its a 10.000$ or 9.000$ mark next
bitcoin got 700$ surgically removed from its 8.000$ price just 6 hours ago  Wink
There’s a certain pump and dumps in the market, the good thing about this one is that, the long term trend of the prices, its totally increasing. The market cap increased a lot from the dump last year so its a good sight of a good market again. Analyst preparing for something big, we have to that pattern too.
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May 17, 2019, 11:44:44 PM
 #136

This seems really positive for all cryptocurrency holders especially the bitcoin. I just wonder if hoe much it can go further knowing that another bull run could possibly happen. This because the bitcoin and block chain technology now where slowly integrated to businesses and other functions to where block chain is needed.

As much as there are new business that undergone integrating block chain technology creating more demands then bitcoin market price and demand will going to go high.
Crypto currency capital market claiming the $200B is a positive sign because the McDonald's Market Capital was once higher than crypto market but if you ask me it not yet time for us to celebrate because we still have a long way to go and crypto cap was just $48B higher than Mc Donald cap which is a sign company . However, I want you to know that the bull run market have already happen and the market was down cause the capital market are close for the week but there will b some change when it Sunday evening.

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May 18, 2019, 01:38:47 AM
 #137

today the market cap is back to 220 bil after a sudden crash
at one point in time , the price was as low as 6500 ( Bitstamp)
so there is nothing certain in this market - while the analysts and traders were mulling if its a 10.000$ or 9.000$ mark next
bitcoin got 700$ surgically removed from its 8.000$ price just 6 hours ago  Wink
There’s a certain pump and dumps in the market, the good thing about this one is that, the long term trend of the prices, its totally increasing. The market cap increased a lot from the dump last year so its a good sight of a good market again. Analyst preparing for something big, we have to that pattern too.
AFAIR, we stayed longer at the $200 billion marketcap, that's why this figure is very significant to me.
We should stay here now and grow from this figure, the recent dump does not cause our marketcap below $200 billion, and for me, that's a good news.

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May 18, 2019, 02:30:03 AM
 #138

I am happy today as finally the total Marketcap is now $200 billion, what can we expect from here?



https://coinmarketcap.com/charts/
As of today the total market capitalization of all Crypto Currencies is $230 billion US dollars.

The movement of Bitcoin and other top alternative cryptos are looking really great despite some big declines that happened the chart looks really bullish. I think 2019 will be a really good year for Crypto Currencies and there is a chance that we might hit an all-time high this year according to some articles that I've read from analysts.  Smiley
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May 18, 2019, 04:32:21 AM
 #139

This is just crazy.. the prices are moving so fast that the guys at coinmarketcap are having difficulty in updating them. The total market cap has reached $231 billion, and the Bitcoin dominance is now 59.8%. IMO, it is just a matter of time before we get to five digits. If the trends continue, 10K may be achieved by this month itself.

The market capitalization is growing, and I do not remember that its speed was so fast. it seems to me that even in 2017, the growth was a bit slower. Suppose, we will see soon that the market cap can reach 300 billion. Hope in summer  Roll Eyes
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May 18, 2019, 06:48:46 AM
 #140

I went to sleep yesterday, and then the market cap was $260 billion and the Bitcoin exchange rate was around $8,000. When I woke up 7 hours later, the market cap has declined to $220 billion and the Bitcoin exchange rate has plummeted to $6,800 per coin. What's going on here? Then I checked websites such as Coindesk, to get an idea about this crash. The only interesting news I could find was the decision by Judge Joel Cohen of the New York Supreme Court, who asked Tether to freeze its loan and the line of credit that was provided to Bitfinex. But I don't think that this alone can cause the crash.

In my opinion, retracement begins now. Its good to market because in bitcoin history, after a huge move, there is correction or retracement and its healthy to market to have strenght before bullrun starts.

Agreed. A major correction will reduce the volatility in the future and will make sure that most of the coins remain with the serious investors. But still, I am surprised by the market resilience. I expected a 25% correction, lasting at least a couple of weeks. The prices initially went down by 25%, but they recovered very fast. And now, the exchange rate is around $7,400 per coin, which represents only around a 10% drop.

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