well, if a major holder missunderstands the news and sells everything, there is a correction in the chart. and then there is panic on the market.
good for those who had enough BTC to buy a larger bunch of it.

but a guy on steemit wrote thought about the drop, that the people who bought at 20 sat got out.
but i think it wasn`t a main holder, because the large wallets are still growing. the full top 40 (50) list is larger than before the spike and we don`t know which coins are off the exchange or split on several small wallets.

Link:
https://steemit.com/money/@steampunkpowered/which-crypto-to-invest-in-part-5-ribbit-rewards


and another link: https://steemit.com/crypto-news/@dcsignals/blockchain-loyalty-rewards-rbr-rebranding-to-coval

does anybody know, who are the guys who wrote the article?

at the moment there are 2 exchanges: bittrex and livecoin - but you have to look out for Ribbit Rewards (later renamed --> the company who does the loyality deal is Loyyal, not the coin!)
livecoin is new (the coin on livecoin) and I don`t know the exchange....but maybe you`ll get a good rate at the opening.
bittrex: large wallets are growing faster - maybe a good moment to buy, if you don`t have any coins yet (the range is between 110 and 180, but can change fast )

you are right.
yobit is not serious.
there is a exchange which listed the coin today.
But with new name, logo, website, everything is easier.

best would be, if Polo is the last step, to hold the coin high and drive it higher.
It`s not good when the price is to high to fast. If the coin is at 3k without Polo, it would get much higher with Polo.


....and it`s ribbit not ribbet, even we have ribbetlover in the forum

Hi I read on Twitter Tesla is searching for people to translate to different languages.
Mine is german - so if you need help, send me a PN.

best wishes and have a nice day!

yes, you are right - if i was you, i would feel the same
but i think that is something what we can work out.
I don`t think that anybody is loosing anything.

maybe there is a possibility to transfer the token from the old to the new wallet-account.
but as long, you`ll get it back before a major pump comes, you hopefully have them back in your hand.

@wolfinger & bartolo

best to ask the developer because of the ribbit wallets
but we`ll find a solution.
everything is growing up now....there will be an solution, that nobody will loose any coins.


@all
orderbooks are still ok - i think after some more low weeks the accumulation phase will end.
nobody is interested in dumping so deep again. If you take a look on the orderbook - there is a clear target and the sky is high....and it has to be, if the major wallet will sell a part of it when the target is reached.

but in my mind: better to wait a little longer, and we have impressive things to come up with, than a pump to the top x and nobody realizes why.

keep cool and always be on the bright side of chain

hey danny,

when i said shorted, I meant sold.
if one of the mainholder sells all coins at once, the price drops and other people are doing the same.
Quickly lot of other people saw the price dropping, doing the same.
But in the end it was good. Now we had the possibility to small some more and if a big investor gets in, the price could be higher than before.
There are less sell orders to the prices we wanted to see, than it was before the crash.
everything has two sides - well, it`s nice to see high valued coins on our account. but it`s not now, it`s also ok if you don`t have the need BTC right now.

if you go long term it`s a fucking great investment.
if you want to trade short term (who knows what the price is in 2 weeks).
but the price is good to buy now to buy now because of the big short.
but maybe you think long term (buying in small pieces, doing buy orders which get filled by shorts), instead of buying for 10 BTC now.

the story:
dannyman (in forum) missunderstood the news (PR of loyyal) and he was frustrated and shorted.
then the price dropped and lot`s of people started shorting, too (if you have 1 million token bought for 15 sats and it`s falling - automatically emotional human reaction). and not everyone is reading news or is able to understand them (like i have lot`s of coins, I don`t read their treads because they are not a lot worth in the moment). then eveyone was frustrated because of the low price, people who bought a few days ago when the price was 500+ sold and called it scam  .
we expected that the coins name will be loyyal. now it`s not called loyyal, but the company names is so and the tokens have a universal name (for loyality industry). so maybe people like to buy loyyal tokens because of the name, but in the end Loyyal is not stupid and they had time to think about this decision. no scam, just another name everyone expected. but I expected a 1:2, 1:4, 1:10 swap, and it also would be ok for me, because there is such a crazy long term potential. 1:1 is even the best what could happened.

I`m sorry for everyone who bought high and wanted to sell in short term higher.
But thanks for filling our buy orders.  ;)The main wallets are much larger than they where before (2 weeks ago, there were just 2 wallets with about 10 mio and the end of the top 50 had less then 1 mio coins). 

if someone just shorted because of the trend (story - dannyman bought up again, after realizing the facts on the right side) and didn`t read the real news, here is the link: http://en.acnnewswire.com/press-release/english/30280/loyyal-announces-blockchain-based-tourism-program-with-dubai-future-foundation

and even the price is lower than last week, we won one place in the ranking of the most influential blockchain business.
3 more to get synero, 10 ranks to catch stellar (will be also big in future)
http://richtopia.com/companies/top-100-blockchain

so what`s the future:
i think ethereum will be much bigger than nrg, but the whole system will be bigger.
but loyyal will do the right business to bring big players to the nrg system and it will grow.
we do not know how long it will take, but it`s definitely a coin with enormous potential and it won`t die

yes it`s a 1 to 1 swap.
That is what we wanted to, even people don`t understand the thing behind it  

the name will not be Ribbit Rewards --> will change to NRG (syn'Rg nRg Vouchers) --> there will be an own thread in near future.  
is a good name, if you take a look on all the loyal based programs whoch are icalled like nrg (is like redbull is an energy drink or pepsi a softdrink --> so Loyyal´s products work will run on this blockchain and the mother token is called in the name of all reward programs (nrg). there will be a lot of sub-token, like there is not just BTC (you have platforms like poloniex, where you use BTC to buy other tokens), so loyyal`s NRG platform will add lots of different loyality programs.

so in future you will have several airline-tokens, supermarket/consumer tokens (every business who works with loyality programs on blockchain will have its own token and you can all buy and sell them on this platform. and therefore you will need the token (old ribbit reward token/even the company is just linked to Loyyal but not official linked to the main VC company ribbit capital). so loyyal does the business deals and makes money by getting shares on whatever they bring to the nRg blockchain and there will be the Loyyal platform and its nrg-blockchain with the nrg-token where the b2c market (users) can profit from.

usecases:  
- you shop whatever you usually do and you will earn tokens
- you travell around the world or just use the tram and you will earn tokens
- you play games online and you earn tokens
- you brush your..... with your electrically blockchain linked...... and you will earn.
- you upload a video on a social media platform and you could earn.....

thats just some examples which sub-tokens could exist in future!
But you won`t get NRG tokens, you will just get the specific tokens.
And the value of the different Loyyal cooperation company tokens is exchangeable to NRG (if people sell it for the price they want to).

but you will earn these tokens and not NRG tokens....you just buy/sell NRG with those tokens or buy products and services with the NRG tokens.
therefore: you earn tokens with doing whatever you do....if you don`t use the tokens, you can buy NRG tokens with it as a store of value and if you want to buy/use/lend whatever you want to do, you will use NRG tokens to buy the specific tokens you want to have (if you don`t have it)

We don`t know exactly if there are 50 million, more or less token lost on cryptsy hack  , but if there aren`t 400 mio tokens on the market (--> less tokens would drive the price per token higher/because the price is based on the sum of tokens and the full market cap), such future news could be just good news for holders. but maybe some people will short coins, because they just see the price dropping since last week and they don`t have knowledge about the things which are ongoing.
if you have coins, don`t sell more than you can effort to loose, if you buy - even a 20x is possible, be aware, maybe other people want to go out of it now.

You`ll find infos to the development on https://synrgtech.slack.com/ and detailed informations about the re-branding of the Loyyal blockchain on http://synrg.tech/

you can get exactly informations from Shannon Code (genecyber in our forum), who is the main architect of Loyyal and who runs the NRG platform!

best wishes and always remember what big names said in the past "the best time to make deals is when there is blood on the streets" 

haha.....nothing against Verge, but RibbitRewards is not a shitcoin.
Take a look on Loyyal, thats the company and it will get rebranded soon.
the coin you sold for 176 sat just passed 800+ sat
*lol* - thanks for selling!

I also think so.
Maybe he has more than one wallet.
Maybe also an institution (a company who cooperates with Loyyal and has some money left).
If you take a look to other coins they act in upcoming steps. This was step 2 of maybe 4 or 5 majorsteps on the price rise to heaven.
Now there is a big support on the buying side below 300 sat and some wallets are currently buying back their sold coins.
A 1k to 3k rise in short term would not wonder anyone who takes a deeper look on the coins and it`s business deals.

@IOTUSA --> NEM is overpriced now, but when it was 5 mio market cap the price was low.
It`s because it`s pumped by BTC38 (most volume). ribbits aren`t pumped by such a market. It`s just the small bittrex market now and in future it will be on Poloniex, which is a bigger market. But yes, if BTC38 would add the rebranded coin, there could be a pump and dump. but then the coin would cost 10 cent

take a look to the other thread !
We left this one because there are lots of trolls making bad reputation on the coin.
Also look for Loyyal - that`s the company. The token will get re-branded and as Loyyal (very big news).
When the volume is on high level for a while also Poloniex will take the Loyyal Coin.
They got 1,5 Mio Venture Capital last winter and some additional money on start up pitches.
Now they did lots`s of Billion Dollar future business deals and they have significant people (like ex Maestro boss/cashcard in EU) on board.
There is a short term potential for 3-5 k sat a middle term potential for 2016 above a market cap of 15-50 mio and long term definitely above 100 mio if everything is working well.

@ifightformerkel

you are right - the coin was at 20 sat when lot of us bought it.
But if you are one of the main holders of a coin you have market power like a whale.
Off course there are also small fishes, but small fishes react more emotional. That means, that if the price goes up a lot - they will sell (because lot of people just buy coins when they are cheap, without knowing the potential) and they will sell if the price drops significant, because they are afraid to loose more in BTC value (also because they don`t know anything about the long term potential). If someone has really lot´s of BTC (maybe also bought when it was 10 dollar) they can ignore short term pricing and they will use their market power to get more of the coins, they wish to pump in future.
But fact is, that the large wallets are still growing. So the smaller wallets are selling, while the "whales (please find a better name for significant players) " are still accumulating.

I also see that amount of potential, but not before a full rebranding and a switch to the other exchanges.
Maybe we`ll see up to 5 Mio in market cap before rebranding, but who knows. But Loyyal said, there is a 1:1 change to the new token (if the ribbit token, doesn`t get integrated in the block chain), so as long there is no re-branding people will use the time to accumulate more of the token.

Loyyal does a lot in the direction of business development. That`s good for long term. So I don`t mind if it`s not technically polished now, because if it workes, there are so many use-cases (and it´s easier to get/use it than BTC). Moreover people hold BTC because they are afraid of selling it to cheap. Loyyal token, you`ll get automatically if you buy products and use services in future. And because of a market place integration, it´s easy to buy stuff with tokens and it`s easy to spread them. Moreover Loyyal will take profit on the BTC rise and blockchain technology hype and is at the moment ranked as the 53rd most important blockchain business (http://richtopia.com/companies/top-100-blockchain).

So there are lot`s of long term future prospectives, but let`s wait for the re-branding, then price will go up automatically to new higher highs

if you ask me it looks like a pump and dump game by a/some big whales.
maybe there are more of them, but fact is that the large wallets are getting larger.
Some months ago I had a little bit less token than I have today, but I lost minimum 5 ranks (according to the ranks of strongest wallets).
That means that the whales are still accumulating. Therefore they trie to make a bad short term reputation in some treads to bring the market down, and buy cheap.
If there was someone with more ribbits than today, the reason could be: he created more than one account and dumped mainly to him self to spread the coins to different wallets.

In my mind the interest in the coin is still rising. Comparing the total market transaction volume - it´s still increasing, even the price drops.
Whales saw positive feedback in forum and the pump to 500+ so they tried to keep the price down and bring people to sell the coin.
Maybe they have more information than we have (according to the timeline of rebranding and bringing Loyyal to Poloniex). So they trie to accumulate more of the coins and when there is a new high (between 500 & 1k sat) they will use the markets volubility to bring the price to a hyping level. Then lot`s of people are happy to see the old highs again. They will get out and the selling-walls will melt. Then it`s easy for people with large BTC wallets to bring the coin to the top 10-15 and they will be rich and even they sell a part of it they can start the game with a other coin.

It`s just all about time. If we are to emotional and react on price fluctuations like they wish, they will win.
But if we wait and think long term - Loyyal really could be a big thing in 2016

Best wishes,
Liljames

thanks.

now they have the old logo in it again.
at least name and logo are the same.

when they launched Loyyal on Polo or GDAX they can change name and logo, then everything will fit together and people will wonder about the new name/logo in the top 50

but does anyone know why Loyyal is called Ribbit Reward again on coinmarketcap?
Moreover there is such a low solution on the image/logo of the coin.
maybe it`s not relevant now, but on long term that could be an important issue.
also the link to the thread. it should go to the most significant thread, maybe it`s also possible to fix the threads together, because the most relevant statement done by danny and roman are several pages behind the last post.
I just think about new users, who do not read everything. even it`s not the most important now, we can help people to get a feeling about the coin, if they would find a central overview about the keyfacts and the future advantages of Loyyal.

yes danny, that could be (but i`m not a troll  )
but if we took a look on that coin, it could be dangerous to drop it because of the BTC rise.
you never know, when it`s going up to new highs.
the pump to 540 sat was from one of the major wales. So we can expect that those guys will not sell beyond the price they paid for.

i don`t know if BTC is still rising, or if there are some weak weeks coming before the halfing.
But in the end it doesn`t matter, because we will see significant new highs for Loyyal and it`s price is related to the btc price.
so 2k sat in 3 month is more money than it`s now. So you`re right - in the end altcoins will take profit on the rise of btc longterm

in my mind the drop was not because of the BTC pump.
trolls said some days before that they know it will drop.
now they think we trust them and lose interest on the coin - they just want you to sell cheap!
but there was no big player losing lots of coins --> therefore: trolls dumped most of the price drop to them self (2 or 3 trolls working together....or one troll with more accounts).

the coin is a long term investment.
if you don`t think so, there a lot people happy with low prices.
longterm it will go to 2k sat - but give them time for a fully done re-branding, for adding the coin to major exchanges and so on.
if the POS wallet is working fine, 50% of the coins will be away from market place as well, then there are smaller walls to break, when the coin got recognized by the mainstream users and other whales. In the end it`s all about media-psychology --> so if trolls tell you the coin isn`t good, the price will explode when the first BTC hype is over. or are there other reasons to do things like they do? NO, it`s all about profit.

so if you want to make profit within a month, you can put smaller sale walls beyond 1k SAT,....but if you do, you`ll maybe unhappy with a price of 1-10k SAT.
long term there is at least the same potential in it like following factom, storjx and other products co-created or produced by the Bnk of the future. even if there is a new coin (when you have to bring in Ribbits to get the new one) there are major opportunities. If most of them are in the wrong hands (crypsy) - who knows, if there is no new ICO which brings additional millions (and if it happens your coins will be much more worth, because if you count the coins on Bittrex (did it since a half year), there aren`t 400 mio coins in user-hands.

it`s a real company in a real business world and they have major deals, which was recognized by the big business analysts (http://richtopia.com/companies/top-100-blockchain    ---> check it out/ at the end of the top 50 companies, weekly going up). and the potential is definitely not lower than a STEAM or SIA coin, which have much more competitors in their business field and no possibility to go live (on usage) in the next time.

but if you asked me, Loyyal actually isn`t really interested to see big pumps until everything on the technical side is developed. Because they have 18 month time to burn the 1,5 mio until they will need and get new BTC in a series A stage. And moreover I read all documents of the company, when they had presented their project half a year ago on BF.....and there will be regular company stocks in future (to generate more cash) - but they won`t do it before the coin is in the top 15/has done big deals/has several incoming streams (which gives a high rated value to the stocks they will sale in future).

So if you wanna dump. Do it - someone will be happy to get coins cheap.
If you have time to go long - 10x is very possible (even it doesn`t reach its full value, which could be 100x in 2016).
And because I read, someone thinks to do marketing for them. I`m also in that kind of business. It could help, but that`s not the right time. You could do viral stuff, if the coin is already worth 10 Mio + to bring in additional crowd-adaption. But I don`t think it`s a good idea now (until the company doesn`t do any marketing/and they have saved 0,5 Mio just for such future activities).

Best wishes,
james

thanks for doing the new one.
trolls are stupid, but you can imagine maybe some of that some trolls are also whales in real.
they want, that people sell to them, to buy Ribbits more cheap.
it`s quite obviously that they are playing games and want to influence the community.

for myself, I`m not a newby - was more a long time (only reading) user, but I`m in Ribbits since december.
I am also not one of this whales, but I keep out my coins of the buying area - if the rebranding is completed and Loyyal goes to Polo it will be 2k Sat easy.
Also if you took a look on the list of the most important blockchain business Loyyal is on the 49st place direct behind DASH and Stellar. I`m pretty sure that Loyyal will take Stellar in value of market cap in long term. A correct rating for Loyyal could be 10-35 Mio market cap till christmas 16.
There are so many business deals, the concept is good, in real there are much less coins than the statistic makes the price feel. Normally if business gets VC the market cap of the coin is 4 times the money which was invested. Ribbit got money the last years by VC, in winter they got another 1,5 Mio and they got also supply by big players. So without doing anything they coin could be worth 10 Mio. But the project development is good, there is a faster grow potential for use than BTC and it will take profit on the BTC price and could be THE altcoin of the second half of 2016.