Market Cap past the trillion mark
Cryptocurrencies made it to the next level.
BTC at 37K
With banks putting a negative interest on savings and governments creating a worldwide economical disaster the rise of the cryptocurrencies almost seems logical. Even gold had a run for its money, or so it seems. And it is much more easy, faster and cheaper to move a lot of value all over the globe safely using Bitcoin. Or any other decentralized cryptocurrency for that matter. BTC cannot move all the value, in money, of a country yet, but so far it looks like it is on its way for a jump to deepspace. The moon was fun for a brief moment, time to go next level.
Two of my other personal favorite Cryptos of all time are also doing very well. Litecoin [LTC] and Dogecoin [DOGE] are alive and kicking. And I really expect some almost unbelievable market madness to happen once Bitcoin [BTC] hits the sweet spot of 53'797 USA$. Because that is the moment Bitcoin passes the one trillion mark for itself. And because for the many it will be tough to buy 1 BTC, they will go for other Cryptos out there. That could mean good times for the ones that are practically a steal. Like the ones that are well known but only cost a couple of cents to a few USA$ at the most. And demand will do its thing.
Now where is Hive in all of this? For me it is hard to tell right now. While you might remember how I 'predict' these kind of things using 3 piglets, a bucket and some truffles, I did not dare to have a go on Hive yet. But, I'm working on it. Hive should be preparing a ship for deepspace travel. Like many others. Yet it might need some changes to gain the right amount of attraction. It might make the difference between slowly going for the moon or deepspace travel at warp 9. But that is another story.
Anyway, while a large part of civilization seems to forsee the comming of the four horsemen others move into Cryptocurrencies. Though I would start to worry myself if a certain computer operating system selling multi billionaire megalomaniac would claim the throne of the world and get it. But, that dark profecy might be a time-space event that is never going to happen. Or maybe the Cryptos will safe us from that day when the earth is made colder by design.
Sorry, you might not follow my drift here. Back to the 3 piglets, a bucket and 7 truffles. Yes, another mystery solved, 7 truffles, but there is something about the bucket too... Anyway time to walk the dog for me. And be aware that you only invest what you are willing and afford to lose. No matter what my piglets 'predict' it is always you at the helm of your own decisions.
Have a great one and may the Cryptos be with you!
How is it possible they stay piglets for years?
Drawing licensed cc-by-sa @oaldamster