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Monday, March 27, 2017

Alts Explode - Bitcoin Erodes - Market Cap: $24,293,597,973 / 24h Vol: $586,197,519 / BTC Dominance: 68.6%

The tale of the tape at CoinMarketCap is above as I write this post on Monday, March 27th - perhaps 1 week from Bitcoin's marketcap no longer being 2/3's of the marketplace. Eroding much like the dominance of the American Dollar for decades...only much quicker. But, unlike the fiat game - no government issued "dollar" is rising - only an increasing crowded field trying to corner peoples perception of value. - Sorry once again for the two week break in posting...let's see if a smidgen can be caught up by looking at the news below.

Hashpower Contracts From 30.00 USD
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Blockchain, Bitcoin and Alts...News

The version of Bitcoin - Bitcoin Unlimited - has not been as favorably received in the marketplace as hoped - Tokens Are Down Up To 20% From Opening - preceding a possible hard fork of BTU. Even at this price...it would be the 2nd most valuable token in price (around ETH in marketvalue?). The rally against changing the status quo continues to grow. All that said...find out the whole political story about the versions of Bitcoin at Coin Dance where...as of today only..BTU seems strong. But...again BUT - BTU - already has had some bugs and one was fixed behind "closed doors"....but the miners in China...want to move to it anyway.

Another example of the flood of newbies into crypto - is that Local Bitcoins reached a new volume record. To me, it's just funny that to feel that BTC is real some folks need that first face to face meeting with someone.

Meanwhile...a politician in India - calls Bitcoin a Ponzi Scheme - as use there skyrockets. Whereas...here's real news about the blockchain and how it is changing the world - much like the Bell Labs of decades ago.

You say you want to read about one of the latest hot "coins" - sure, here's the website for PIVX - Private Instant Verified Transactions, branding...quite important.

Did you know that about 2/3's of all sub-Saharan African people are employed "informally" - seems the Blockchain  is ripe with opportunities when that's the case. However - here's a point of view that thinks all the blockchain hype...may be just that - in some niches it is proposed for.

Speaking of being disruptive - how would you like to be paid for the content you consume after all ...your attention is valuable.

With some many of new Crypto Currency traders entering the market - how about the story of one traders first Strategy - it's the wild wild west all over again.
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