Well, this means that indeed the, so called, altCoins are gaining in value fast. Good times for bitMoney. Though Litecoin had a bit of a drop, like bitCoin, in the last 24 hour trade volume, it is quite usual. First a lot of sales after a new All Time High, then it will pick up again.

And how about Steem and Bitshares? Well, they are doing absolutelly good! Steem did get some extra market attention thanks to the recent Tether drop. That was great for Steem Backed Dollar as demand drove its market price a lot above the supposed pegged US Dollar value. And this is great for Steem, as it got drawn into the field of attention as a side effect of this!

Now this is where bitShares should attract more attention too. As is has quite a few pegged bitMoney tokens. And things like bitSilver and bitGold, that follow the market value of real silver and gold.

The brilliant concept of Steem and bitShares could get another attention boost soon. Merchants will love it when these pegged bitMoney types become as easy to accept like cash. And BlockPay is just doing that, with Odoo support.

These are exciting times for bitMoney, I think I keep repeating myself again. Yet it is, just a few days ago I expected the total market cap to burst through 31 billion. And already it looks like blasting beyond 34 billion...!?

Steem and bitShares gain like 3-2-1

At some point the bitMoney types that can be put to real life use will take more of the total market cap. And then what will count is how fast it is and if it can scale with ease. And is it able to guarantee a value pegged to 'old' debt based money. Now guess what blockchain types can do just that? Exactly, Steem and bitShares!

And there is a Point Of Sale system that supports it plus wallets to match. Like the smartCoins app by bitshares-Munich. And the eSteem app.

Of course, I admit, I am biased towards the Steem and bitShares platform. And that is mainly because I do understand the brilliance of the Steem and bitShares technology!

It is like this: 1-2-3:Block with 3330 transactions per second and pegged bitMoney. Now that, to me, is number one technology!

The total market capacity will grow more, gaining attention in the proces of a broader audience. Bitcoin will gain in value, but lose more market percentage in the proces. Litecoin will break through the 15 US Dollar and move upwards.

And Steem and bitShares will move to new levels, slowly, yet steady.

Please note

Only put in what you are willing and able to lose. Also, my speculations might be as good or as bad as yours.

Have a great one!

Steem the future winner

image cc-by-sa @oaldamster