I've found the Silver Lining for STEEM and STEEMIT in the markets bleeding out RED! The numbers actually do not lie. We are actually doing GREAT. I've broken this down with the charts/numbers.


Here are the numbers for you. STEEM is doing actually really well, when you consider 99% of the market is running at a LOSS in the RED and that about ~95% of the market is actually in DOUBLE DIGIT LOSSES now over the last 48-72 hours. Keep reading!

The markets have been bleeding RED for a lot of the last 3 days! STEEM is down but I think because the currency is backed by US -- the people and community /content, which are the product or backing so to speak, we are doing OK!



Today's Crypto Currency Market Overview stats via CMC.com (CoinMarketCap.com)

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787 Currencies / 135 Assets / 4387 Markets

Market Cap: $94,771,142,981 / 24h Vol: $5,559,941,943 / BTC Dominance: 42.5%

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Look, we have lost about $~20B in total Crypto Market Cap the last ~72 hours, we know this. We were back up to around $116B and now we are at around $95B. STEEM currency is doing better than the market average in a bad time!

Super news!

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All the numbers are right here in the CoinMarketCap charts commonly referred to daily in the Crypto Sphere: Sorted by Market Cap. rate and showing the Top 20 coins:

Look at STEEM hanging in here at the #14 position and only down 7.75% in the last 24 h. period after all this bloodshed!!!


On a day like today, would you not take remaining in the Top 20 coins sorted by Market Cap, in a bloodbath????


That is good news!!!! On both counts!!!! Look:

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1 month chart is the best breakdown of this, given the recent "highs" not long ago to today's 'low" -- See a trend??

The GOOD news here, which is the 3rd piece of good news is that the trend shows STEEM trending basically sideways around the $2 USD mark!!!

Right?????


Guess what other coin has been trading sideways the last while too, and has about the same amount of losses as STEEM today and recently?

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Yep, Bitcoin. Not too shabby, look at the 2 charts that look nearly the same! (:




Thanks for reading, have a nice day.



If you liked this blog post - please Resteem it and share good content with others!

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Some of my recent blogs:

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@barrydutton/steemstock-update-1-steemstock-still-happening-event-organizer-says-life-got-in-the-way-date-changed-to-feb-march-so-it-does-not

@barrydutton/official-poll-results-just-in-steemit-wins-again

@barrydutton/some-good-news-2-steemit-milestones-thanks-i-hit-2000-followers-and-14-000-posts-or-what-a-ride-steemit-family-thank-you

@barrydutton/the-steemu-asks-what-are-you-blogging-about-today-or-e-3-or-drop-your-links-and-ideas-here-like-mad-pictures-thoughts-ideas-etc

@barrydutton/steemians-warning-day-2-do-not-use-poloniex-at-this-time-for-your-steem-and-sbd-transfers-ethereum-and-maybe-other-things-here

@barrydutton/steemit-weekend-camp-fire-series-or-weekend-8-or-we-are-steemit-family-come-visit-around-the-fire-with-your-family-every-weekend

@barrydutton/facebook-wallet-fridays-show-me-yours-or-e-3-or-that-s-right-think-on-that-a-new-series-for-outreach-and-to-give-fb-the-business


If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.

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Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS

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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