you have a very distinctive view on the markets there. I beg to differ from this observation. Just the today's picture taken to clearify, starting with the


82.98 % of all trades are done in Bitcoin vs. Anything, that is $ 37,722,936 in Volume
8.88 % Litecoins, $ 4,037,171 in Volume
100 % - 82.98 % - 8.88 % = 8.14 % left for everything else

That is by far less then 8 out of the 15 which somewhat makes it sound like more than half

Admittingly I usually only watch currencies/views/filter-non-mineable-and-premined/ since there might 30,881,360,458 Ripples be in existence, and they roll out more every day (your picture from 2 days ago shown only 28,989,252,282 XRP so they printed 1,892,108,176 more in 48 hours) but who buys them? To be honest at the moment I have to read some more about Ripple. According to Ripples knowledge_center/bridge-currency/

disclaimer: on the long I like to prefere POS myself, seeing POW mining as a waste. A new concept is very much welcome! A currency agnostic "XRP has great value as a bridge currency " that I do not have to buy to use seems intriguing, too.

PS: had posted about POW electricity costs, placed in relation to daily trade volume to explain why Bitcoin goes down in value steadily. If interested can link to that posting or crosspost here. I cannot explain why XRP coin supply goes up steadily, you might want to ask Alan Greenspan

Except that people cannot mine it no more at home. Which is probably the reason why we are dabbling in Altcoins here.

Price merely follows that effect. Other impacts on the price decline might be caused by that notorious shortage of Silkroads out there, getting busted on a fixed shedule now. So any predictions of 1000 dollars at Xmas are outdated, obviously.

Hitten on the Français section, gotten mistaken as an Englishman? Dieu me pardonne...

Let's ban them all for this ... offence also ernsthaft jetzt, so geht's halt net.

Actually, John, that is the answer on "Why Ripple/XRP Doubled In Value in Less Than A Week". Case closed.

!??!!! thought u 'r French

heyhey  now that is news, thank you for explaining. it is indeed easier to create a huuge marketcap out of thin air. they did not even spend money for ink and paper or a press

Heh! That is called averaging down, down and averaging further down into oblivion, commonly known best bussiness practice!
Stop mocking us

PS: bags for sale, cheap coins

TrianglePythagoras, your triangulation pins it to the point! If it is a pump, there is no other reason then in itself, to pump up. But let us take a glance at the numbers.

On BTC38 there is 23.89 % of all Ripple trade volume moving, in a size like $ 332,622 last 24 hours.
The trading pair is Yuan Renminbi against Ripple. Then comes a lot of movement happening inside Ripple Charts so is that an insider job? There are signs.
On the other exchangers like Cryptsy with 2.56 %, Kraken on 1.09 % and Poloniex with 0.71 % basically happens ... nothing.

Follow the money trail they said.

Price keeps walking upstairs inside the Ripple Charts trade pairs which is most probably fake volume pumped around in circles. That makes like 75% of all trades and drive the price, then China is following trading in their Yuan which is a good opportunity if you are living there because the Chinese Government is not exactly friendly atmosphere when it comes to trading money.

The rest of the world Cryptsy-Kraken-Poloniex couldn't care less on that, but at least some $ 60,000 are moving there too. Could be one trader, could be two. I don't know. I would say if you are chinese, and have spare Yuan in your hands, then all you would want to do is keep trading across the spread now and enjoy.

...has found a new home on 1 more desktop  

so how do you intend to solve the initial distribution problem?
Airdrops are out, all permutations of IPO either.
For POW I would point at https://bitcointalk.org/index.php?topic=857112.msg9625205#msg9625205

I am looking out for these auctions. There was Silkroad 1 and later Silkroad 2, and some assets seized from Pirateat40. Other minor incidents like seized darknet sites for hosting whatever stuff was low volume, doesnt matter much.

Then there was the MtGox desaster which will likely result in some governmental coin sales? Or is MK dumping our coins in private?

Far to many coins are inside hands where not belonging.

Inflation means a somewhat different aspect, that of more coins appearing. Bitcoin suffers from POW-Inflation means that there isn't only more coins each day, but Market Cap loosing that same amount payable upfront to wall socket power suppliers in hard cash.

Market Cap: $ 5,407,695,423
Bitcoin        $ 4,841,874,395
---------------------------------------------------
all Alts together $565,821,028

that is 89.5% of the whole story pulled by Bitcoin allone.

"Crypto is going down" due to electricity costs for POW mining, which are on a ROI of ~10% for Miners easily calculateable. Let us just hope they experience a ROI, otherwise hashrate will inflate quickly.
    
Think of all the miners having to pay 90% for electricity & production hardware, today that was $ 1,156,680 or 0.02% a day. Summs up over the year but stays in total nearby 7%
(if they have to pay 110% and are mining on a loss, figures get worser)
    
So why do we have had that $ 315 all-year-low for 1 BTC ?!

There are two effects, the first technical one is POW-Inflation so bleeding money to electricity companys, but the even bigger must be a lack of interest by Joe Average out there. Market adaption does not happen. POS could trigger that interest of Joe, but the total percentage % of POS on Total Market Cap is currently negligible.
    

Zerocoin based rocket, worlds first working implementation ever third try

Ack, "Preaching to the choir" who are willing to reply to the gospel. And if Hero Members are respected outside of Bitcointalk? Are they even respected inside of Bitcointalk 


To reach out of the filter bubble of this thread, Monero has to be polished up enough to reach a mass audience. So let us do a quick comparison with another successfull Altcoin, the Litecoin.
Started with features:

• quicker confirmations
• smaller blockchain since starting fresh
• ASIC resistance due to new algorithm

Which is stunningly similar to Monero

• quicker confirmations, too.
• smaller blockchain since starting fresh
  with a small drawback that is is growing rather quickly
• ASIC resistance due to new algorithm
  just the move over to GPUs has allready been done

   
The feature that might make Monero win the race is perhaps the privacy, but we don't know for sure. This is hypothetical, since Ringsignatures could backfire for any currently unknown reason.

But how can Monero compare to Litecoin from a new user perspective? Litecoin has a QT based GUI, period. This is the next milestone I think.

Disclaimer: Actually I am happy with development process, there are several developers actively working on the codebase. The last stain from blockchain attacks, high TX fees, has been cleaned out. Database is arriving soon^[tm] and once the GUI is shaping up, we are ready to roll out marketing presence almost everywhere. Stay tuned.

Had that on friday, coin rising but until I got there, was over. Just a bubble.

Now what has been cause, what the effect? Was it bubbling because selling got artificially slowed down?

Absolutely true. Well, minus wealth, perhaps.

Wrong. Totally not about control, but about evading oppression. Remember forum first banned him for what exactly?
Then FUDDERS invaded all threads mocking "has dev left?"

Neither refrigerators nor toasters belong into the internet.

Have never been there, worked just fine. Stop the bullshit.

funny the differenciation between "it is one of the respectable one" and on the other side standing "a pump and dump on xmg on bittrex" 

I am not sure if there is any such thing as a respectable one, but bittrex for sure belongs into it's own not so nice cathegory.

The format is not portable. So either we want

• a portable database format
• a converter commandline tool
• an export/import function in the daemon for a monero-only, specific asccii dump

Mixed feelings. "The exchange rate shown is exactly what you'll receive, minus only the "miner fee."" is interesting in pointing out the difference on choosen set of POW mined coins.
Somehow the POS "miner fee" is missing inside that list.

And can XMR compete with "DRK Miner Fee: 0.003 DRK" for example? Summarises the "user experience" waiting patiently on a memory hog that needs aeons to sync (not the coin, this references a timespan  ) then costing you a half day of mining on average desktop machine just for sending a single transaction. Which on the other hand then gets confirmed through the network even quicker then your fragile simplewallet/monerod combo is able to shutdown save to disk again. Time is money, too.

A geek might not recognize those issues. A let's name them customer would turn into a non-customer on that.


Second argument, pretty much of the crypto subculture is surrounding the exchange sites, their chat environment. The completely existing in limbo setup like "No emails or passwords. No lengthy sign­up process. No accounts. No bid and ask orders. No friction." is exactly lacking that friction. Geek advise: If you did not catched that, ask a woman.