Crypto market 1 year ago - 2017 October 29th by jomeszaros

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bitcoin · @jomeszaros ·
$32.58
Crypto market 1 year ago - 2017 October 29th
Market cap : $169.5B ($202B now)
Bitcoin : $5773 ($6421 now - the best)
Ethereum : $296 ($204 now)
Steem : $0.96 ($0.79 now)

BTC Dominance: 56.7% -> 53.7% now (up from 32% in 2018 January!)

Oct 29, 2018: The current Mayer Multiple is 0.89 with a $BTC price of $USD 6421 and a 200 day moving average of $7176 USD. The MayerMultiple has historically been higher 76.99% of the time with an average of 1.52. I will start selling from a multiple of 1.6 
Data from mayermultiple.com

If last year this time BTC was at $5773 and went to $20k, it can do it this year too from current $6421 easily. This year Bears have only reversed the final two months of 2017. The best time to accumulate BTC is when the majority is broke and bored. I think we are around that.
"Bitcoin will continue to do what Bitcoin does. Nobody controls it. We are all learning what it does. Adapt to it as it evolves. It will not adapt to you." Quote from Eric Lombrozo.
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Screenshot of coinmarketcap.com

![coinmarketcapcom2017-10-29.png](https://s3.ap-northeast-2.amazonaws.com/dclick/image/jomeszaros/1540800424460.png)
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vote details (129)
@marco3301 · 
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vote details (4)
@ronak93 · 
Hi dear sir
 Your article is good think idea for cryptocurrency investment  analysis
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@jyinvest · 
dclicked
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