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So kind of slow times in the crypto space, isn't it?  For those of you relatively new to this space, we haven't see these kinds of down days nor these sideways days since the first of the year.

I personally think it is good for the market to do this.  It shows it is a more "mature" market in that it is behaving in a more normal manner.  After a big run-up like we've had, we are/were due for a correction.  Hopefully we are done with it, but I won't be surprised if there is a little more to go.

We are getting close to the point where Bitcoin may be dethroned as the "biggest" coin.  Ethereum (ETH) is now running a very close second and could pass BTC in the next few weeks.  A lot of people, including myself, thought that might happen at some point, but I think almost everyone saw that as 5 or 10 years off.

I saw this chart today courtesy of HowMuch.net and thought I'd share it.  As much as I (and now you) focus on BTC each day, BTC is really a very small currency when compared to others out there.



Comments

  1. Neo Gas WalletDecember 5, 2017 at 3:27 AM

    BitcoinDark is a disrupting cryptocurrency platform that seeks to overcome many of the disadvantages inherent to the current world of finance. In addition: we firmly believe that everyone should be free to transact privately, and without the costs imposed by the gatekeepers of the world’s currencies and markets.Neo Gas Wallet

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