STEEM is Actually Performing Better Than Most of the Market in This Bloodbath. #12 Overall by Gains/24 hrs. | My Latest Silver Lining Report. The Numbers Do Not Lie.


Perspective:

Always Important!


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 BIG DOUBLE DIGIT LOSSES now over the last ~72 hours.

The $STEEM currency is performing better than the market average in a bad time!

Keep reading! Here are the numbers for you.

The markets have been bleeding RED for a lot of the last 30 days! Some days worse than others.

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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Cryptocurrencies: 1514 / Markets: 8569 / Market Cap: $327,105,288,837 /

24h Vol: $25,766,444,124 / BTC Dominance: 35.9%

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Look, we have lostover half the total crypto market cap in the last 40 days. We know this.

And down overnite literally another $~100B in total Crypto Market Cap.

We know this too. We were back up to around $401B and today are around $310B. to $333B currently.

The $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 #12 position and only down 7.75% in the last 24 h. period after all this bloodshed!!!

Coins sorted by TOP GAINS / 24 hrs -- meaning coins in the red here wit the LEAST losses, compared to the rest of the market down 30 or 60%.

Steem is down 15%.


On a day like today, would you not take remaining in the Top 20 coins sorted by highest gains -- 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 gold line there is the price relative to the Bitcoin price and has flattened out a bit, unlike the other lines you see.



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/sos-project-support-our-steemians-daily-donation-challenge-report-5-to-support-our-friends-on-steemit-in-independent-media

@barrydutton/how-murray-rothbard-became-a-libertarian-a-father-of-the-movement-indeed-his-short-bio-as-told-by-himself-brief-bio-overview-and

@barrydutton/end-the-fed-the-new-puppet-i-mean-chairman-of-the-federal-reserve-is-installed-today-as-markets-everywhere-continue-to-crash

@barrydutton/live-now-don-t-panic-crypto-101-video-90-mins-wcn-the-world-crypto-network-today-in-bitcoin-wcn-special-comments-on-the-bitcoin

@barrydutton/hey-steemit-family-what-was-your-1st-blog-post-you-authored-on-here-and-why-or-e-40-or-post-it-or-community-engagement-series

@barrydutton/the-crashening-continues-or-crypto-on-sale-again-get-to-buyin-that-dip-or-99-of-coins-on-sale-crypto-market-down-trending


Most stock Images / Gif's day to day- usually via Giphy.com , Funny or Die.com, Imgur.com, PixaBay unless otherwise noted, with thanks.


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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LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0

DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS

PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh

Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX

Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv

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.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.


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