After yesterday's carnage, (which was obviously real, but also greatly exaggerated by a part of media, which still thrives on FUD and exaggerations), the markets are turning green again. Double digit growth on many prominent tokens, including Ethereum, Monero or NEM. There isn't a single crypto currency in red in top 100, at this moment, not a single one!
Bitcoin was 8% higher, at the moment of writing, trading at $15, 190.
STEEM up as well, trading at $3.3.
We still don't know if yesterday's dip was twisted Santa's way to tel us: "here, buy some more", or just a North Korea sellout to pay the thirteen salary to their hard working people.
For many newcomers this was a very serious stress test, though.
On that positive vibe, let's also note that Burst made its entry in the top 100 cryptos, with an impressive 176% increase, on the 99th position. Burst is a HDD mining crypto, built on top of the NXT blockchain (one of the few, if not the only one written in JAVA, which also saw a fabulous increase during the last few months).
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform):
We are seeing this trend a lot. Before one month we only use to see green in BTC and red or neutral in ATLCOINS but now days everything moves in a trend.
Did you see steemit.com alexa rank is #822 in US !!!!!!! Amazing only a couple of days ago you mentioned it was in the 900's. Awesome performance recently!
Still we have to be cautious.
Always, not only in times like this.
looks like its gonna be a good weekend for those who did not sell, Santa came early for christmas
Very odd pattern by the markets: one day is a near apocalypse, the next is like nothing happened
There's no real apocalypse, it is fabricated by news. At the bottom of it there are only numbers.
I meant to say "apocalypse" or to be more clear "apoca-drama" :)
yeah yesterday the market was in panic mode, today its all rosy
Salut Dragos!
Da intradevar o veste buna mai ales dupa panica de ieri... inca sunt de parere ca BTC o sa sara de 20k pana la sfarsitul anului si chiar am pus un pariu (simbolic ca valoare) cu un prieten!
Am observat ca postezi foarte des si zilnic si blogurile tale primesc voturi substantiale si totusi cred ca mai bine de o luna si jumatate tot la Reputation Level 72 esti.... asa de dificila este cresterea la nivelul ala?
Iti doresc un week-end placut!
Reputation level increases when people with higher reputation that you are voting your posts. If you get multiple cumulative votes from people with equal or lower reputation, you will benefit from rewards, but reputation won't increase. So I'm not upvoted by whales.
So you increased in level from 72 to 73 just now? :)))
I see! Looks like every day i am learning new things, so thanks a lot for the replay!
Still at the end of the day every single vote counts!
Si uite ce se intampla cand vorbesti de lup!
Ai ajuns la 73!😉
Ce coincidenta...
:))
Did not know Burst was from NXT. Can't believe how NXT has just rose up all of a sudden after all the years of stagnate evaluations. Thanks.
Yes, I just revisited an asset I created on NXT a yer ago. Quite a nice surprise to see the project conserved and evolved like this.
Can you say boing? It's a roller-coaster
boing boing and boing :)
Yeah, yesterday was a great drop, however I monitor the crypto market every day and for most people it was obvious that the prices will rise again soon.
Have also noticed that on weekends cryptos usually drop and recover on Monday.
Great post @dragosroua !
Crypto currency is for sure not about clapping when coin price is going up and nagging, complaining and panicking when it's on freefall.
This could be summed up as all good things happen to those who HODL.
Steem On!
John McAfee posted it as his 2nd Coin of The Day Tweet. You can almost guess when the Tweet went out.
I know Burst from quite a while and I also know John McAfee and saw his tweet. 95% chances that the price was move at least partially by that statement. In my humble opinion, there are other better contenders to Burst, like Storj, Siacoin or Filecoin (not sure the mining of it started, though). As for green energy, Slimcoin is probably the greenest of all.
Slimcoin ?? uh you do give me homework.
Burst it's different from the other 3 , I think
I dropped my Sia Coin when it was lagging, of course it jumped after I dropped it and then of course went down with everything else. But, I wanted to get into another coin and I was up on Sia.
All it requires is just a little patience and everything is way better than before. I HODL and it paid off just in last 24 hours a lot. I'm going to HODL for another 2 weeks because I believe BTC will go down again and then up by the start of second week of January. The best part is whenever there is a BTC dip, it bounces back with far more power and hits the new HIGHs.
Great post @dragosroua.
Steem On!
Is that I right? I hadn't peaked yet. Good I'm really going to enjoy my salad for lunch today... With extra lettuce !! (-:
I noticed the same thing. Somehow I am not surprised ;-)
its nice to see all green, people dont panic and all feels better
20k again soon yeahh
That I don't know. Only the market knows that :)
A guess we had a flash crash yesterday.
his beautiful postings, dropped in my account and upvote
I love that steem is climbing, more folks are joining and learning!
now think it will rise up more of currecnies and not come back now more just a bit only for trading not crash
what a major turn around once again :D
Hope you are right
All the fakestream media talking about the bubble popping, they don’t even know how a correction looks like in this market 😂
Hiii Sir @dragosroua, My first comment on your post, very nice to learn your post about latest crypto market overview. green color is the sign of life and after seeeing green in the list now feeling relax. last todays market is red with the investor's blood. So thanks GOD every thing is green, Cheeeers....
Followed.
It was a healthy correction I think.
Yesterday's crash in essence was based on nothing, just a couple of big fish cashing out before Christmas break.
what just happened i was sleeping and wake up to this