misterbigg (OP)
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March 05, 2013, 05:20:25 PM |
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Do you have something similar with usd in the vertical axis? No, because I don't store historical information on Bitcoin prices at the time I sample the XRP exchange rate. Although it is something I could consider. But hopefully someone will put up a simple web page that tracks XRP price automatically.
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misterbigg (OP)
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March 06, 2013, 04:27:02 PM |
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There's more depth in the order book, but Bitcoin's rise in price hasn't affected the XRP price. Therefore, the total value of all potential XRPs has gone up quite a bit.
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coinminers
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March 06, 2013, 06:24:06 PM |
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I will track the price in XRPs of one Bitcoin in this thread. If the XRP price goes up it means that XRPs are becoming cheap, while descending values indicate that XRPs are becoming more expensive. For now the price is quoted based on the most liquid gateway (currently Bitstamp). If there is a website that graphs this data automatically please let me know!
Ripple market cap: $124,000,000 (@ $49/BTC)
3/6/2013: 39,500 3/5/2013: 45,000 3/4/2013: 17,350 3/3/2013: 27,500 3/2/2013: 41,388 3/1/2013: 71,000 2/28/2013: 65,000
The Ripple market cap is calculated by dividing the total amount of XRPs in existence (100 billion), dividing by the snapshot average of bid and ask, and multiplying by the price of BTC at the time.
The methodology for determining the day's price is calculated by taking the average of the bid and ask at one moment in time. That there will likely be little to no actual volume available at that price due to the illiquidity of XRPs and the size of the order book.
Very helpful, thanks!
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wiggi
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March 06, 2013, 07:18:32 PM |
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When XRP was @20000 there was almost no ask size, only ~5BTC between 20K and 40K. Fascinating to watch, even if the moves are mostly random ping pong in illiquid market.
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misterbigg (OP)
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March 08, 2013, 03:21:15 AM |
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The price seems quite stable now despite the fluctuation in fiat value of Bitcoin.
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misterbigg (OP)
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March 08, 2013, 02:50:23 PM |
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Price is falling!
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misterbigg (OP)
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March 11, 2013, 03:24:25 PM |
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Price dropped 25% could this be because Bitcoin value went up?
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alexkravets
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March 11, 2013, 06:46:10 PM |
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Yes, XRPs appear to be "pegged" to USD, BTC Price going up will devalue them relative to BTC (for now ...)
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jtimon
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March 11, 2013, 07:10:48 PM |
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With the amazing rally btc is experimenting, it seems more reasonable that xrp fluctuates around usd instead of btc. It's just traded more for btc than for usd because btc is more liquid, at least here. But it makes it harder to track the price...
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alexkravets
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March 11, 2013, 07:21:11 PM |
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Actually, there is really no need to track the price at all.
OpenCoin appears to have a "crawling peg" policy of having XRPs gradually appreciate against USD over time. They do have control of 99%+ of all XRPs in existence and there is really no real "secondary" market for XRP against anything else at this point, just occasional test trades.
Cheers ...
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misterbigg (OP)
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March 13, 2013, 07:41:14 PM |
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The price is steadily falling as more XRPs are given out.
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zulzedd
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March 15, 2013, 09:04:24 AM |
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misterbigg (OP)
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March 15, 2013, 02:27:49 PM |
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Nice work, thanks for posting this!
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zulzedd
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March 15, 2013, 02:31:56 PM |
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Nice work, thanks for posting this!
Thank you! Enjoy!
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misterbigg (OP)
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March 15, 2013, 02:41:09 PM |
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The Ripple market cap in USD is shrinking like a flaccid penis.
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ahbritto
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Ripple
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March 18, 2013, 06:53:25 PM |
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zulzedd
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March 20, 2013, 08:53:15 PM Last edit: March 20, 2013, 09:07:43 PM by zulzedd |
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Thank you! I planned to write something like that, but i can't find any appropriate API info. If someone will shot me with a proper link i would be grateful. UPD. I also found this http://rippledb.com/
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Aeron 1.250.000 CryptoBonusMiles Giveaway, 250 Winners, 5.000 CryptoBonusMiles per winner and guaranteed airdrop for ARN holders until 30.11.2018. Follow the link to join Giveaway
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jtimon
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March 23, 2013, 09:50:20 AM |
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Is there any way to see the price of xrp denominated in btc or usd instead of the prices of btc and usd denominated in xrp?
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Peter Lambert
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March 23, 2013, 01:33:50 PM |
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Is there any way to see the price of xrp denominated in btc or usd instead of the prices of btc and usd denominated in xrp?
Simple, if price of btc in xrp is X, then price of xrp in btc is 1/X.
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