In this post, I'm just going to show hard data and you can interpret it how you please.
Market Cap 2016
January - $ 7,092,584,989
February - $ 6,590,984,823
March - $ 7,746,669,089
April - $ 8,193,661,811
May - $ 8,421,018,669
June - $ 11,143,206,542
July - $ 12,977,161,091
August - $ 11,638,999,573
September - $11,840,864,472
October - $12,218,420,453
November - $13,625,440,140
December - $14,279,353,037
Market Cap 2017
January - $17,700,314,429
February - $19,563,809,241
March - $23,814,432,204
April - $26,183,745,930
May - $46,567,887,425
June - $90,054,227,585
If you like this post feel free to "Resteem" this post and follow me at "https://steemit.com/@cryptowallet"
Does this image come into anyone else's mind when you see this chart?
Worse than that, crypto is becoming a nuisance to the dark force. It will not be tolerated to grow further and further. They will say its terrorist money, crime currency and so on. Dont think this war is already won.
@beatminister explain this dark force you speak of?
With Dark Force I mean those, who actually rule us and control the money. The Rothschilds and Soros's and so on.
I think it is something more like this
It is a possibility but I think it can grow further before popping, the masses are not around yet. And $90B isn't that much compared to another industry.
I agree, there was definitely massive growth for the past few months, but when you look at the big picture, the population using crypto is still very small. That being said, I am still looking for a better (lower) entry point for BTC and ETH.
How long do you think it can grow at this rate? It's pretty spectacular.
It will continue to do this until the dollar collapses or the gov makes it illegal. What we are seeing is people trading their wealth in dollar, Yen, or any other currency into crypto wealth. This rally is only the beginning. It is going to be a volatile ride, but when you look at the chart over all in a few years, this will look like a line going straight up. This is an awaking for how worthless government issued money is. It either goes into history as a new sort of renaissance or the government stops it. I think that with such big players in this now, it is unlikely government will stop it.
That I don't know. I do expect corrections along the way but I don't see why in the long run steem market cap couldn't be closing in on facebook or other social media company which are valued at several billions dollars each.
Thank you.
Like the picture your probably right, hope not but you know one day someone's gonna stick that pin in
Pop!
All cryptos going Moon and Bubble, Steem heading to Mars :)
Interesting
hey man, i upvoted ur posts and followed u...can u do the same? ;) thanks
thanks for sharing
Nice data buddy....correction .? But i am more inclined to pop before drop and this drop is a concern and also shown it by chart in blog related to bitcoin @jimmyai28
Very interesting!
This post has been ranked within the top 50 most undervalued posts in the second half of Jun 03. We estimate that this post is undervalued by $14.20 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jun 03 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.