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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Why are cryptocurrencies mooning?

BY: @etherpunk | CREATED: Nov. 27, 2017, 10:34 p.m. | VOTES: 59 | PAYOUT: $22.51 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmP3JKrxnTZAkg9G43i1S1fWT6younP9XdhbNdjfWYXV6b/steemification.png]

It took cryptocurrencies about 8 years to build up to a $15 billion market in January 2017. Today in November 2017, the market has reached new heights of $300 billion. There are plenty of reasons why it's booming, but all my magic internet research has led me to Steem's emergence in early 2016. Yes, much truth. Very analysis.

This is @kevinwong's microblogging account!

TAGS: [ #market-analysis ] [ #cryptocurrency ] [ #catalyst ]

Replies

@airguy67 | Nov. 27, 2017, 10:36 p.m. | Votes: 2 | [ VOTE ]

Keep the net free and crypto will live long and prosper!!!!

@kevinwong | Nov. 28, 2017, 5:14 a.m. | Votes: 1 | [ VOTE ]

Still don't know what to think about the net neutrality debacle

@abderrahimlafifi | Nov. 27, 2017, 11:01 p.m. | Votes: 0 | [ VOTE ]

It took 9 years to build the foundations of the currency and I am strong enough to rise

@madushanka | Nov. 27, 2017, 11:19 p.m. | Votes: 3 | [ VOTE ]

Cryptocurrencies keep going more than faster time. So why cannot go to moon? Lol.... :D

[IMAGE: https://steemitimages.com/DQmZWnmzNZLtG2VpbuAQ6EuGtP674hB6Zie37eeEndtPVWy/source.gif]

@fundurian | Nov. 28, 2017, 12:27 a.m. | Votes: 0 | [ VOTE ]

cant wait for steemit to mooning

@cryptonfused | Nov. 28, 2017, 5:42 a.m. | Votes: 1 | [ VOTE ]

Steem won't moon. It will definitely increase in value slowly over time. I think steem will act more like a mature currency than other cryptos.

@abh12345 | Nov. 29, 2017, 3:43 a.m. | Votes: 0 | [ VOTE ]

Mooning never seemed that mature to me either

[IMAGE: https://steemitimages.com/DQmPzp1LP7GbiDMP3GDAW5EEkS2gBxxsdqeSsNH7st37ikj/IMG_9337.GIF]

@dandesign86 | Nov. 28, 2017, 12:44 a.m. | Votes: 2 | [ VOTE ]

I agree with you analysis, it's the Steemification period that got the market to boil this is a fact scientifically!

@kevinwong | Nov. 28, 2017, 5:10 a.m. | Votes: 1 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmVc2tinMfSEasjdkbY7nH1UYr31z2dZDZHjZirQBFLmWB/image.png]

@dandesign86 | Nov. 28, 2017, 11:25 a.m. | Votes: 0 | [ VOTE ]

Hahaha

@ritue | Nov. 28, 2017, 5:14 a.m. | Votes: 0 | [ VOTE ]

Great analysis of steem,Thanks for giving us a good post

@infidel1258 | Nov. 28, 2017, 6:34 a.m. | Votes: 4 | [ VOTE ]

Dude. The Steem pump today! Wow! From about .88 cents a few weeks ago up to 1.19 right now!

Also crypto market cap was about 270 two days ago 309 billion right now.

Crazy. Awesome. Good times.

@calatorulmiop | Nov. 28, 2017, 7 a.m. | Votes: 3 | [ VOTE ]

If your "very analysis" could predict dips that would be useful :)

@tarekadam | Nov. 28, 2017, 7:17 a.m. | Votes: 3 | [ VOTE ]

I have been waiting for STEEM to go up again, the correction from 2,30USD to 78 Cents was painful!!

@kevinwong | Nov. 28, 2017, 7:27 a.m. | Votes: 1 | [ VOTE ]

Haha. yea i bought a load near the top as well

@yaanivapeji | Nov. 28, 2017, 9:22 a.m. | Votes: 3 | [ VOTE ]

It is mooning because the world is becoming more diversified.

@rehan12 | Nov. 28, 2017, 10:23 a.m. | Votes: 0 | [ VOTE ]

I do hope the way it is going right now for Steem it shall rise like this.
Nicely said buddy !

@anomiej | Nov. 28, 2017, 11:38 a.m. | Votes: 1 | [ VOTE ]

thank you for big analysis. Much true

@canadianrenegade | Nov. 28, 2017, 2:16 p.m. | Votes: 3 | [ VOTE ]

The bankers started buying BTC and other cryptocurrency.

@aldentan | Nov. 28, 2017, 4:45 p.m. | Votes: 3 | [ VOTE ]

That's some dope ass research lol

@kevinwong | Nov. 28, 2017, 5:55 p.m. | Votes: 1 | [ VOTE ]

Let me know if you need any markets analysed

@abh12345 | Nov. 29, 2017, 3:41 a.m. | Votes: 0 | [ VOTE ]

😂👌🏽

@simonjay | Nov. 28, 2017, 8:20 p.m. | Votes: 3 | [ VOTE ]

Haha great to see the hours of research put into this article @kevinwong and the technical graph hehe it will definitely increase in value just slowly over time.

@jaye-irons | Nov. 29, 2017, 5:13 a.m. | Votes: 1 | [ VOTE ]

Cryptocurrencies such as bitcoin, litecoin, and other currencies will eventually replace the physical dollar bill.
https://s2.postimg.org/506tnxeih/15659508486779844047.jpg
It's important to understand now is the time to set yourself up a future 401k plan system, wisely investing, and "scale it out" as the accumulation of wealth contiually grows.

@cryptonik | Dec. 20, 2017, 7:48 a.m. | Votes: 0 | [ VOTE ]

To date, this is the most detailed and thorough analysis ever done on the crypto market. Thank you for this great effort.

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