New all-time high Cryptocurrency Market Cap: $122 billion.
Again a new all-time high for the Cryptocurrency Markets today: $122 billion. That may sound like an enormous amount of money, but did you know this is still just 57% of the annual revenue of Apple? And did you know this is still just 1.6% of the value of all gold in the world? The current value of all gold is estimated at $7641 billion according to OnlyGold.com. Just to put it in perspective...
SegWit
We’re at the verge of the true big milestone for Bitcoin. Just 27 blocks to go before SegWit will lock-in on the Bitcoin network! About 5 hours... Once locked-in, SegWit will definitely be activated, but not immediately. Because of the two-week 'grace period', SegWit won't activate until block 481,824, which is currently projected to happen on August 21. This essential 'grace period' gives miners time to upgrade their software. Miners who don't upgrade will be at risk of losing their mining rewards, since their blocks would be rejected if they don't support SegWit after block 481,824. Once locked-in, all miners have to upgrade!
I believe this is a great milestone for the whole crypto industry! Follow it live here: xbt.eu
24 Hour Change
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Market Capitalization
Please feel free to use and share my images under the Creative Commons license.
Latest Crypto News - August 08, 2017
Lawmakers Want to See Bitcoin Become an Official Currency in Australia
Lawmakers in Australia are reportedly pushing for the recognition of bitcoin as an official currency.
Read more: coindesk.com
Other sources:
Overstock to Keep 50% of All Bitcoin Payments as Investments
Online retailer Overstock.com is shifting its cryptocurrency investment strategy keeping half of the bitcoin it takes in as payment, the company's CEO has said.
Read more: coindesk.com
Wikileaks is Now Accepting Zcash Donations
Non-profit media group Wikileaks has announced that it is now accepting donations in the privacy-oriented cryptocurrency zcash.
Read more: coindesk.com
SegWit's Likely Lock-In: What Today's Milestone Means for Bitcoin
Barring unlikely interruptions, the scaling proposal called Segregated Witness (SegWit) is expected to lock in on the bitcoin network today.
Read more: coindesk.com
Bitcoin Price Keeps Heading Toward US$3,500, Bitcoin Cash Rebounds by 36%
As we had somewhat expected, the Bitcoin price keeps marching on toward US$3,500. Reaching that goal would be a significant milestone for the popular cryptocurrency. It seems Bitcoin Cash is also going through a healthy recovery process. Other top 10 currencies note smaller gains or even losses. Exciting times are ahead, especially now that the total cryptocurrency market cap surpassed US$120bn.
Read more: themerkle.com
Overstock Lets Customers Pay With More Than 40 Alt Coins
Bitcoin is the biggest and most famous digital currency, but it's hardly the only one: There are hundreds of other so-called "alt coins" and now, in a significant development, the owners of these coins will be able to spend them at a major retailer.
Read more: fortune.com
Other sources:
Major Japanese Retail Chain Marui Now Accepts Bitcoin Payments
Major Japanese retail store chain Marui has signed a partnership agreement with Bitcoin exchange Bitflyer that will enable it to accept Bitcoin payments in stores starting August 7. With this move, Marui becomes the first large department store chain in Japan to accept the digital currency for payment.
Read more: cointelegraph.com
Bitcoin Cash Eases Mining Difficulty as Blockchain Adjusts
CoinDesk contributor Jimmy Song gives an update on changes in Bitcoin Cash's mining ecosystem and why they might be of note for investors.
Read more: coindesk.com
Putin's Aide Seeks $100 Million to Rival China in Bitcoin Mining
A company co-owned by one of President Vladimir Putin’s internet advisers plans to raise the cryptocurrency equivalent of as much as $100 million in a push to help Russian entrepreneurs challenge China in bitcoin mining.
Read more: bloomberg.com
How much is the Market Capitalization of all cryptocurrencies? Donald Trump knows the answer. Check it out in this clip...
I should develop kind of sound alert for your posts, cause sometimes they just go through...I just sold bitcoin before the split, but forgot my idea to buy in when it goes up again..lol Rookie and to much things in my head !
Gold should be 1.6% of crypto.
Wait for it.... When oil is priced in Bitcoin only :)
These are amazing times we are living in. Even my 11 year old son is excited about bitcoins rise :) Great post Thanks for sharing.
It is awesome what the collective mind and will power can induce and achieve!
The Crypto is this manifestation of our collective wish for a better way of living and a better way of doing business, connections and to be independent from the established and crooked institutions.
The Steemit community is on the tip of the iceberg in this endevour!
I am happy that we are all part of it!
Although , this type of investment has high risk , In my personal experience it pay as promise and my investment returned within 26 days. (I initially invested $25 around 0.009btc and return it back) so,You will get guarantee high return (3.5%+ daily or 0.16% hourly) with cutting edges mining instruments https://futurecoins.io/?ref=abintl and best part you will withdrawal your principl after 24hrs and withdrawal thresholds is 0.0005 btc only. these systems have done very well so far but keep in mind they are not proven over time and could be reverse at any time in the future
Planning to buy some bitcoins tomorrow.
Why buy bitcoin when it has just peaked. Obviously it will drop back to about 2700-2800 range or less. You will need to wait for a dip.
Cryptos still have a long way to go !
Lol after watching the video the word billions doesn't even sound like a word anymore 😂
Sounds like "Zanbillionz" 😂😏
This post received a 2.0% upvote from @randowhale thanks to @penguinpablo! For more information, click here!
No news is really bad news when it comes to crypto! We're seeing incredible growth overall :)
cool, thx for the info ;)
Cryptocurrency is all about having instinct. Buying bitcoin now is expensive and your'e never sure if it will rise and fall. If you had Bitcoin before segwit, you are really lucky
Bitcoin overall yearly trend is alway bullish/upwards unless you are into relatively shorterm profit where you won't profit much.
milestones indeed, market cap is going to run and run to the trillion mark.. then it will be a significant % of all the gold.
You know those very funky 7 day /30 day graphs you make for the top 30 coins? are they available online or do you extract them just for these posts from your own stash ? I'd like to be able to look at them more often
I don't have these charts online at this moment, but generate them exclusively for my Steemit post.
at this moment sounds encouraging ! I think they'd be very popular on the inter-web at large. if you do post them online, I'll be all over them.. gotta love a good infographic !
@penguinpablo, do you think buying OMG is a good idea, that it is seeing maximum gains in the last month?. What's so cool about this crypto? OMG / OmiseGo ?
I think it's mainly cool because it's already a successful payment gateway company in Asia. So they're basically established already and have their foot in the door of the industry which is unique in the crypto world. Most ICOs don't have a product behind it yet.
super-informative. thanks for this.
What is a good entry point for Bitcoin..
Certainly not here?
Or
Now is the best time as always the case is with Bitcoin
2500 to 2700 range. Not now.
alright :)
thank you !
Good Day
Yeah if anything Bitcoin Cash (BCH) could be a good time but BTC is at an all time high and that's never a good time to buy!
I think it's a great post, and it could be a trending topic this week if the right people read it thoroughly
Good sharing
I followed you and upvoted this post
please, upvote my post
https://steemit.com/hair/@asmaasema/how-to-make-a-deep-conditioning-coconut-oil-hair-mask-save
wow, cool thanks for the info
This read was very educational , thank you i also followed
As always, your analysis is greatly appreciated. I'm always looking forward to your posts so I can keep ahead of trends and have some idea of what's going on. Since starting my witness, I have even less time to do independent research, so the information and perspective you offer is fantastic. Keep up the great work!
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Interesting info.thanks! !
Just waiting for the price to low down in bitcoin then will go for it