Steem Top 40 Crypto - bit(&ALT)coin updates #01

in #steem5 years ago

Steem is on a tear lately.. Coinmarketcap shows a 7 day chart unlike most other cryptos, slow, steady and gradual increases of around 20% over the week.

as compared to the mostly stableish Bitcoin... which was around 3.8k to 3.9k.. that's like... fakes some quick math idk, very little growth... the month for bitcoin isn't much better, at around 3.6k to 3.9k.. again, very little growth. Especially when compared to steems 28 cents 30 days ago, that very little growth on Bitcoin looks.. sad. but hey, it's ok, Bitcoin will rise again, and it's nice to see steem isn't directly tied to bitcoin's value..

Spent a few minutes looking at the trading activities and seems 44% is on one exchange, UPbit, over the last 24 hours.. but not sure about historical, didn't dig that far. Having binance, and bithumb having a sizable portion for trade makes me a little more comfortable, but who knows how far deep the bot networks arbitrage across exchanges.. I'll have to look more into steem to other altcoin pairs to see if any other coins have a heavy weight in steems price. So far, it seems pretty independent of the other cryptocurrency markets. Again, this is with only about a half hour of looking.

That's all for now, check back for more updates Thursday for some non-steem related crypto news, and again next Tuesday for more Steem updates.
Going forward, a post schedule will look like.
Tuesday Steem & Thursday bit(&alt)coins.

~~~~~~~~~~~~~~~~~~~~~~~~~

If you like this post, please support me with a trifecta!!!
Follow Upvote & ReSteem!
Please leave a comment below.
@blokz has a discord group: https://discord.gg/CgE3Sgr

http://blokz.io is an informational website only, a DIY self-help website with a focus on life management (update to site coming soon)
Words, Pictures, Things & Such found here, there, or anywhere really, should be treated as entertainment and food for thought. I am NOT responsible for any decisions made by you or anyone else, your actions are your own. I'm not a lawyer, investment advisor, or any other heavy paperwork corporate headliner... Just a passionate power user of life and technology.

Donations are always welcome, as they say in the open source world, I'd love a beer! With that said, these funds are for personal use, life and such, or new things (read:tech toys) for social media and entertainment, setting up and running servers, or otherwise working on blokz & life goals.

@sn0n

‎Robert Foraker
http://blokz.io/
‎#DriveIdeas2Creation

Posted using Partiko Android

Sort:  

Thank you so much for being an awesome Partiko user! You have received a 0.21% upvote from us for your 45 Partiko Points! Together, let's change the world!

Very good analysis @snOn, thanks man! I’ve told anyone who will listen: when BTC-KRW is leading that pact, prepare for a rough landing! 👍🏿

I’m with you, though, it’s nice to Steem moving along on it’s own without mirroring any (BTC) other crypto’s.

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.033
BTC 64386.10
ETH 3142.17
USDT 1.00
SBD 3.98