Next crash will be ‘worse than the Great Depression’: experts. US household debt of $13.3 trillion now exceeds the 2008 peak. That’s due in part to mortgage lending, which is hovering near its decade-ago level of $9 trillion-plus

Next crash will be ‘worse than the Great Depression’: experts. US household debt of $  13.3 trillion now exceeds the 2008 peak. That’s due in part to mortgage lending, which is hovering near its decade-ago level of $  9 trillion-plus submitted by /u/autonova3
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Bitcoin – The Currency of the Internet

I just calculated the bitcoin market cap in the peak of December 2013 and in the peak of June 2016 in euros and the marketcap actually was higher in June 2016.

This comes a little bit late, but here it is. The euro is the second largest currency in the world and I haven't read anything about it, which is not surprising because all the market cap charts are displayed in USD.

So here's the Math:

  • Peak euro price Mt.Gox in euros in december 2013: €899.
  • Amount of bitcoins in circulation at that time: 12.076.000
  • Total market cap €10.856.000.000

and

  • Peak euro price Kraken in euros in june 2016: €696.
  • Amount of bitcoins in circulation at that time: 15.661.000
  • Total market cap €10.900.000.000

The real milestone is if we break the record high of the major currencies of a bitcoin, but this is quite the milestone and worth mentioning.

submitted by /u/moonbux
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Bitcoin

I just calculated the bitcoin market cap in the peak of December 2013 and in the peak of June 2016 in euros and the marketcap actually was higher in June 2016. (reddit.com)

This comes a little bit late, but here it is. The euro is the second largest currency in the world and I haven’t read anything about it, which is not surprising because all the market cap charts are displayed in USD. So here’s the Math: Peak euro price Mt.Gox in euros in december 2013: €899. Amount of bitcoins in circulation at that time: 12.076.000 Total market cap €10.856.000.000 and Peak euro price Kraken in euros in june 2016: €696. Amount of bitcoins in circulation at that time: 15….

Bitcoin