noobtrader
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Activity: 1456
Merit: 1000
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December 17, 2014, 05:49:53 PM |
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About Ripple (sorry!): people should be aware that "the Ripple network" and "the Ripple coin" (XRP) are two very distinct things (unlike the bitcoin network and BTC). The banks are interested in the Ripple network, which is being designed for their use. The banks could use the currency XRP in that network, but do not have to. So adoption of the network by the banks does not imply that XRP will become valuable, or even survive. (That is what I understood; please correct if it is wrong.)
yes sounds about right.... |
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NotLambchop
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December 17, 2014, 05:55:31 PM |
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Good news everyone!
The ruble seems to be doing a bit better.
Maybe Bitcoin will follow suit?
Maybe people are selling btc to buy ruble The RUB/USD went up more than 10% in the past 24hrs, and BTC/USD went down what, over 5%? Basic math tells me it's not a bad bet  |
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N12
Donator
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Activity: 1610
Merit: 1010
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December 17, 2014, 05:56:02 PM |
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Good news everyone!
The ruble seems to be doing a bit better.
Maybe Bitcoin will follow suit?
Maybe people are selling btc to buy ruble The RUB/USD went up more than 10% in the past 24hrs, and BTC/USD went down what, over 5%? Basic math tells me it's not a bad bet Soon: Instead of Russians fleeing to BTC, we'll have Bitcoiners fleeing to Ruble. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 17, 2014, 06:00:27 PM |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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December 17, 2014, 06:03:40 PM |
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[...]
Next time, go for Beanie Babies.
Bear troll mode on again, huh? :D Not that I disagree with what you say, but I do notice a change of tone between above and below... Then why all the negativity, Torque? It was only created in 2009, and things have been going really well. In 2014 lots of good things have happened, same as in 2011 and 2012, despite (or because? Productivity might actually increase while prices decrease) the price decreases. Hell, look at the valuation of Coinbase at 400 million recently.
Shit's exploding, the price just exploded faster so it had to implode a little. Market always leads the economy.
I still agree with this post, just got to have some fun in the meantime. :D For over a year now I've been warning that bear markets can occur with TONS of positive news and people will chase the bull traps associated with them. I actually think that bear markets and lulls are the time when there's the highest productivity and most progress in Bitcoin. Like I said, nothing factually incorrect about what you say usually (except for the Beanie Babies thing of course), just the tone changes drastically from one week to another.... it's funny cause you're one the few "swing trolls" in here, in analogy to a swing trader :P |
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criptix
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Activity: 2464
Merit: 1145
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December 17, 2014, 06:07:31 PM |
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A high probality that its the same thing oda  |
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Wandererfromthenorth
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December 17, 2014, 06:07:42 PM |
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[...]
Next time, go for Beanie Babies.
Bear troll mode on again, huh? Not that I disagree with what you say, but I do notice a change of tone between above and below... Then why all the negativity, Torque? It was only created in 2009, and things have been going really well. In 2014 lots of good things have happened, same as in 2011 and 2012, despite (or because? Productivity might actually increase while prices decrease) the price decreases. Hell, look at the valuation of Coinbase at 400 million recently.
Shit's exploding, the price just exploded faster so it had to implode a little. Market always leads the economy.
I still agree with this post, just got to have some fun in the meantime. For over a year now I've been warning that bear markets can occur with TONS of positive news and people will chase the bull traps associated with them. I actually think that bear markets and lulls are the time when there's the highest productivity and most progress in Bitcoin. Like I said, nothing factually incorrect about what you say usually (except for the Beanie Babies thing of course), just the tone changes drastically from one week to another.... it's funny cause you're one the few "swing trolls" in here, in analogy to a swing trader  "Swing trolls" Unless you openly and clearly contradict yourself in your posts, a little bit of changing of tone when it's time to be a bear or a bull momentarily just adds to the fun of posting in these forums :-D |
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ShroomsKit
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December 17, 2014, 06:08:01 PM |
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Everyone gobbling up all these cheap coins? This must be heaven for you guys.
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N12
Donator
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Activity: 1610
Merit: 1010
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December 17, 2014, 06:09:03 PM |
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Unless you openly and clearly contradict yourself in your posts, a little bit of changing of tones when it's time to be a bear or a bull momentarily just adds to the fun of posting in these forums :-D
Agreed. I'd like to nominate fonzie here, I like his style. PS: Not only do we have cheap Bitcoins, but we also have cheap silver coins (hope you're happy with your pump and dump silver, Shroomsy). CHEAP COINS! |
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ShroomsKit
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December 17, 2014, 06:09:41 PM |
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I need to ask again. Is this where big money and wallstreet gets in.
I was told they were absolutely dying to get it and were just waiting for the price to drop.
So this must be it, right guys?
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EFS
Staff
Legendary
Online
Activity: 3724
Merit: 2069
Crypto Swap Exchange
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December 17, 2014, 06:13:51 PM |
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20 pages past, you still talk about Ripple? That's a shame for Wall Observer. SMH
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 17, 2014, 06:14:53 PM |
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I need to ask again. Is this where big money and wallstreet gets in.
I was told they were absolutely dying to get it and were just waiting for the price to drop.
So this must be it, right guys?
no, this is where we buy all the bitcoin b4 they do.  |
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ShroomsKit
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December 17, 2014, 06:16:09 PM |
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The typical Bitcoin trader: omg this bear market just never ends. How is this even possible. I don't unde...wait, hold on, what's that?
Oooh shit! People are buying and the price went up 20 bucks! I need to dump my coins NOW! Or else i won't make my 50 bucks profit!
Ok done.
Where were we? Oh, right, as i was saying i have no clue how this bear market blah blah.
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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December 17, 2014, 06:16:59 PM |
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Meanwhile, Shroomsy's preferred asset is still in a 3 year bear market and on the verge of making new lows.
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btcney
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December 17, 2014, 06:19:02 PM |
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About Ripple (sorry!): people should be aware that "the Ripple network" and "the Ripple coin" (XRP) are two very distinct things (unlike the bitcoin network and BTC). The banks are interested in the Ripple network, which is being designed for their use. The banks could use the currency XRP in that network, but do not have to. So adoption of the network by the banks does not imply that XRP will become valuable, or even survive. (That is what I understood; please correct if it is wrong.)
The Ripple network depends on the use of XRP. |
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jonoiv
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December 17, 2014, 06:19:31 PM |
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Are there any bulls left ?
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SnokkomBTC
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December 17, 2014, 06:24:22 PM |
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Are there any bulls left ?
Here I am. Poor me |
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EFS
Staff
Legendary
Online
Activity: 3724
Merit: 2069
Crypto Swap Exchange
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December 17, 2014, 06:24:47 PM |
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Are there any bulls left ?
I'm not a bull since Derrick Rose's injury. |
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