Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: darkota on August 19, 2014, 12:16:22 AM



Title: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: darkota on August 19, 2014, 12:16:22 AM
Looks like the most bashed "altcoin", Ripple even with it's 90% premine, has relatively held its $40million marketcap compared to the other top 5 coins, which all came crashing down, Litecoin lost around half it's marketcap in less than a month, Dogecoin lost more than half it's marketcap in a month, NXT lost half, and Peercoin lost half. Odd isn't it?


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: spud21 on August 19, 2014, 12:51:28 AM
If litecoin falls it could get to second place in the rankings.


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: bitfranky on August 19, 2014, 04:57:12 AM
There is a huge possibility it could happen if litecoin price continue to fall in the next few months.


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: rabbiter on August 19, 2014, 05:24:38 AM
Looks like the most bashed "altcoin", Ripple even with it's 90% premine, has relatively held its $40million marketcap compared to the other top 5 coins, which all came crashing down, Litecoin lost around half it's marketcap in less than a month, Dogecoin lost more than half it's marketcap in a month, NXT lost half, and Peercoin lost half. Odd isn't it?


wrong, it had already lost a lot of Marketcap prior to this general drop.


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: TaunSew on August 19, 2014, 05:29:24 AM
Back in 2013 Coinmarketcap did not filter away non-available supply so Ripple had something like a 4+ billion capitalization in late December.  Now it's like 450 million (8x-10x loss) total supply.  Imagine if you bought at top of that bubble?  That's worse than buying into $1200 BTC and bagholding at $500.
 


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: hodap on August 19, 2014, 06:05:02 AM
Looks like the most bashed "altcoin", Ripple even with it's 90% premine, has relatively held its $40million marketcap compared to the other top 5 coins, which all came crashing down, Litecoin lost around half it's marketcap in less than a month, Dogecoin lost more than half it's marketcap in a month, NXT lost half, and Peercoin lost half. Odd isn't it?


wrong, it had already lost a lot of Marketcap prior to this general drop.

Everything is relative. Ripple still holding the top spot relatively well.


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: Indemnified on August 19, 2014, 07:09:02 AM
Looks like the most bashed "altcoin", Ripple even with it's 90% premine, has relatively held its $40million marketcap compared to the other top 5 coins, which all came crashing down, Litecoin lost around half it's marketcap in less than a month, Dogecoin lost more than half it's marketcap in a month, NXT lost half, and Peercoin lost half. Odd isn't it?

I'd say that BistSharesX is holding its marketcap best of all (staying above $20 million), number 5.


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: GogglesPisano on August 19, 2014, 05:23:36 PM
Ripple even with it's 90% premine

Enough said.


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: Wealthy on August 19, 2014, 05:27:58 PM
Litecoin seems to be going down, more downfalls and people will give up.

So as OP stated, it will come higher.


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: Spoetnik on August 19, 2014, 07:56:15 PM
Ripple even with it's 90% premine

Enough said.

i thought it was 100% premined lol


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: MrBtcSenior on August 19, 2014, 08:46:51 PM
Recently Ripple (XRP) has been added to Poloniex, let's see if this is the beginning of a new rise.


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: Nullu on August 19, 2014, 08:56:28 PM
Didn't even think ripple was an altcoin..


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: rikkejohn on August 19, 2014, 09:14:20 PM
Looks like the most bashed "altcoin", Ripple even with it's 90% premine, has relatively held its $40million marketcap compared to the other top 5 coins, which all came crashing down, Litecoin lost around half it's marketcap in less than a month, Dogecoin lost more than half it's marketcap in a month, NXT lost half, and Peercoin lost half. Odd isn't it?


wrong, it had already lost a lot of Marketcap prior to this general drop.

Exactly, it dropped a shedload of its value in the months leading up to the current crash.

Darkota likes to take moments in time and pass them as long-term trends.

He'd make a terrible scientist, but a great "man down the pub".


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: hodap on August 20, 2014, 11:52:17 AM
Ripple even with it's 90% premine

Enough said.

i thought it was 100% premined lol

Ripple is a PoS coin like Nxt and Ethereum. Being PoS and 100% premined didn't stop people from buying at the IPO price.


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: C64_4EVA on August 20, 2014, 02:04:49 PM
I really wish Ripple didn't have such a massive premine. It really has some great innovations and it has firmly established itself in the market with lots of business relationships with traditional financial services.

Alas, the 80% of the total coincap that is held by the founders will forever be Ripple's albatross.


Title: Re: Ripple, is the only "altcoin" out of the top 5 to hold its marketcap
Post by: PoS on August 20, 2014, 02:20:37 PM
Holding its marketcap? I was lucky and got out at only 50% loss of my $250 gamble its down more than 90% of ATH