As you can tell from the screen shot above we have continued to push past the $85 billion market cap we were at yesterday, and have moved closer to the $90 billion threshold. These are all good signs that we have progressed through our recent bear trend, following the all-time high in late May. Of course, many will disagree with me saying that we are just in the Bull trap of the bubble phase and will soon reach the fear and capitulation phases where we could lose 60-90% of the gains we have incurred over the past few months.
Here is the prominent youtuber Marc de Mesel talking about how he thinks we are in a bubble. I think he has some very valid points, drawing correlations from his experience in 2013 BTC bubble, Although I still believe we have a lot of breathing room before we see the correction that will happen. Today Amazon.com is 5th place with highest market cap among US companies and it has around 400 billion. That’s almost 4 times as much money as there is in the whole crypto sphere, which is why I believe we still have ample room for growth. I am not the only who believes this. Clif High the creator of the infamous webbot predicted these kinds of price fluctuations during the hyperinflation period as streams of SMART MONEY flows into the crypto sphere.
Anyway, as I was doing some research yesterday I ran across a place on Bittrex that shows API documentation. So, I do know how an API key works by storing private individual information from a public developer most often a website. My question for you Steemians is what else can we use the API’s for, or what do you use them for? I know how you can load queries into Excel and get information directly onto your sheets, but I don’t know how it would work for your Bittrex account balances. Anyway, with some proper knowledge on the subject please comment! To be quite honest I feel as if API’s are becoming a developer’s way of skipping the process of designing a specific mobile app that everyone can log into to see their private information.
@juized creator of 27 Wrenches for news and tips on how to trade cryptocurrency