Apparently, the GDAX Ethereum megaflashcrash was due some huge amount that came from the genesis block dumping all at once into the market and triggering this shitshow.
Apparently, the genesis block had 72 million premined coins that was kept between the developers (wtf)
Honestly, how isn't ETH anything but a mess?
What a selfish post... You really posted it? Why? Selfish how? Im just pointing at an obvious problem: There's too much ETH in control of the original devs and we have seen what potentially is a massive dump by one of them or several of them. Im not worried because im not holding any ETH, but if I was holding ETH, then i would be pretty worried. If I understood correctly, 72 million out of 100 million is in the hands of very few. That's pretty retarded in my book. Obvious problem here, is your greed (partially), second problem is delusional decentralization (who has buy power, was first, that owns the market/price), third, you really seems do not care about tech and problem it solves and what future it can bring. So, sumup, you just envy and furstrated that pie is not yours, but someones. Remember money is a reward (it means you have to work hard), otherwise you guppy in the ocean that tries to bite. |
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Apparently, the GDAX Ethereum megaflashcrash was due some huge amount that came from the genesis block dumping all at once into the market and triggering this shitshow.
Apparently, the genesis block had 72 million premined coins that was kept between the developers (wtf)
Honestly, how isn't ETH anything but a mess?
What a selfish post... You really posted it? Why? |
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 Yep.. Not looking good. Think we have seen not only a sustained correction period but its possibly been influenced a lot buy the markets this time. Everyone know's its a bubble and it will pop.. only delusional people think that sustained levels like that can be achieved think about the strain on money flow for exchanges. I would be happy to see the price settle back down now after the hype again more people would be willing to get into bitcoin if the price was say 500-1200 mark. when we see things like $3000 it prices the average person out the market. if we see a kickback to the sub $1500 range I think we will see great things.. Oh and that's only if this war over UASF, UAHF, BIP and Shitwit doesn't destroy what we all love so much. Real big balls players do not give a shit about skirt pussies that afraid of 3000$ for store of value, example Berkshire Hathaway. You either panic sell as complete looser or you concentrate on your investment showing that you fucking have balls! Do you? |
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Like they say, the party gotta end, sooner or later. Has it started already? Panic in the disco?
Or do you think there is still lots of room for corrections.
No correction, it's the start of the bubble popping... it was obvious it will happen sooner or later Scary indeed! Would be interesting to see what the bottom would be this time. Some use terms bubble even not knowing what is, just another buzz word in crypto, that literally means downtrend and has nothing to do with real bubble. |
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it is now still on bubble, not perfect time to invest, if the growth is real you can start buying when its down 75% from ath
Max what you get is 40%, do not be silly child. |
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And here we go down  XRP has to catch falling ETH and others, be the first ripple be the first LOL You are stable as .... Winter is coming papa bear? are we down? lol weak hands shaking! 1 hour latter, back to normal. As was stated, as will be stated - STABLE! |
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So Ripple, the company, encourages using XRP, right? Then if this company is having success and many famous banks want to work with it, XRP, the coin should be successful too.
IMO it would be right to say that XRP and Ripple are different things only if there was no connection at all between the two.
Think about it this way: Ripple holds over 60 billion XRP. Given the way that's being escrowed, Ripple will almost certainly be the largest holder of XRP for the foreseeable future. For every penny the price of XRP goes up, the notional value of Ripple's XRP goes up by six hundred million dollars. Ripple can only materialize that value for its shareholders if that value and liquidity are preserved over the next several years. Sure, Ripple makes money by selling software to banks. But how many banks do you think Ripple would have to close to make six hundred million dollars in license/support fees? That would equal the value of a sustained one cent increase in the price of XRP. Its time for Ripple to think to become a ever first crypto bank, with low cost, super fast transactions and no nostro in between. Branches/ATM in all around the world, to buy Fiat/Crypto using XRP! |
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At current stage, all top 10 coins get Down by 15-25%, but only two stands at 7.5% drop XRP and BTC (I would love to remove it, but lets respect contenders), and XRP on 0.1 has less drop than BTC  Do you need stronger signs, of significant support? Yes, but when XRP went down 30% others (BTC, ETH) went up 30% so... it is still underperformer. But when XRP went up 30% others went down, so others still pretend to be performant! |
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At current stage, all top 10 coins get Down by 15-25%, but only two stands at 7.5% drop XRP and BTC (I would love to remove it, but lets respect contenders), and XRP on 0.1 has less drop than BTC Do you need stronger signs, of significant support? |
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Wah xrp is centralised Omg bitcoin is freedom Da baaaanks!!!! Yes the banks People talk about alt coins as if they have any value other than a cool sumbol and low enough value to make money daytrading and on pnd. Xrp is real world use case being handled right now. Being adopted at a far faster pace than people realise. Please tell me what company has an ilp like xrpl? Who has the fintech and fi links ripple has? What other altcoin has the cap to do so? What other alt has the tech to compete? Keep pushing your pump coins lol i'm happy with my xrp investment. Oh btw hi vsyc, it me FUDfatigue from xrpchat  Hello There! And welcome to the world of trolls and generally not nice people  Everyone with good enough analysis, can tell you, that XRP stands very strong against current masacre! |
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Is this a comedy post or are you this dumb? Sorry, the answer to bitcoin's problems is not e-fiat. XRP is not even a blockchain. XRP is useless, serves no purpose other than pump and dump it to get more BTC from the clueless newbies that buy random altcoins hoping to get rich overnight.
Your post shows that you are definitely Legendary Dumb, unless you have facts to back your awfulness. Well never expect something smart from BTC zombie follower. |
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A centralized cryptocurrency doesnt have sense.
Yea, BTC is centralized by the miners.. no sense to that... Some things have a value.. miners for BTC. A strong and smart corporation for XRP! Or another example, LTC, I think F2Pool in recent news claimed to have hashing power 58%, nice "decentralised" silver! One thing for sure with XRP, is that you never going to have uncontrolled crazy anarchy miners, that ready to put whole industry and future to hard fork due to selfish ambitions! Yes but to control the coin you need more than 58% of the hashrate. Yes, I do remember how Segwit for LTC went, miners were in total control! They listened the community. No they did not! They put conditions, two times lowered signaling, that caused failure of lock-in, and after roundtable they got MASF and 2MB for future! |
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A centralized cryptocurrency doesnt have sense.
Yea, BTC is centralized by the miners.. no sense to that... Some things have a value.. miners for BTC. A strong and smart corporation for XRP! Or another example, LTC, I think F2Pool in recent news claimed to have hashing power 58%, nice "decentralised" silver! One thing for sure with XRP, is that you never going to have uncontrolled crazy anarchy miners, that ready to put whole industry and future to hard fork due to selfish ambitions! Yes but to control the coin you need more than 58% of the hashrate. Yes, I do remember how Segwit for LTC went, miners were in total control! |
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LTC is currently doing better than ETH
everything getting dumped; good luck selling and then what? Leaving the money in exchange? LOL
Good luck with that...
Better to dump than hold a bag Not at all... litecoin is promising. If you hold it you will win for sure. If you sell it now its a dumb idea .. You only win on news and pure speculation, just amazingly good for margin trading on news coming, apart that, unfortunately there is no value at all. Just a guinea pig of BTC with one pool controlling 58% of hashpower. It hit 37USD on kraken, I would expect it to be around 30-35USD for some time! |
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A centralized cryptocurrency doesnt have sense.
Yea, BTC is centralized by the miners.. no sense to that... Some things have a value.. miners for BTC. A strong and smart corporation for XRP! Or another example, LTC, I think F2Pool in recent news claimed to have hashing power 58%, nice "decentralised" silver! One thing for sure with XRP, is that you never going to have uncontrolled crazy anarchy miners, that ready to put whole industry and future to hard fork due to selfish ambitions! |
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Or get FIAT coins! Instant transactions with a credit card. Transactions up to 200.000 per second! Already scaled up to millions of users. No miners.... backed by government.
What more do you need?
I guess control and visibility on circulation & transactions, integrity and no intermediary But your point makes some points A centralized cryptocurrency doesnt have sense.
Everything comes to centralization in one or another manner, blockchain is not about shouting "OH WE DECENTRALIZED", anyway on this matter, XRP becomes more and more decentrlized with validators, no worries! |
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https://bitcointalk.org/index.php?topic=1985493.new#new here is just a call to everyone. ETH in free fall, scalability issues just started. That is why, do not make something that is for a purely contracts to be a store of value, or currency. Meanwhile XRP shows stability, only 2c downs (compared to previous downs). And yet, will hope to see it growing Also, I would assume that BTC is down, in order to keep ETH a bit stable, otherwise it will fall to > 200$.
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And do not let miners to control your store of value! https://ripple.com/xrp/ - Stability and value is in your hands! Choose XRP! |
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For a 3 months I observer weekly topics about market crash/dump and etc. and army of Oracles that know what others do or do not with their investments. Also, they even know what whales do!  Nothing changed since times when humans were hiding in caves and praying for rain! |
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