Torque
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Activity: 3822
Merit: 5504
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May 16, 2017, 01:09:20 AM |
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savetherainforest
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May 16, 2017, 01:18:23 AM |
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Hmmm... that seems interesting!  All I can say is that "the awakening" is coming! And the future is one of individual independence, personal space and privacy... but also transparency for mostly everything! I can already see a thousand individuals per million of people in most of the countries and around the globe with a microscope, centrifuge, spectrometer... etc... testing produce from the supermarket in their own home and posting results anonymously on the internet or in some kind of app. (*edit: that app would work with blockchain technology... so no one could take it down!) |
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Dotto
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Activity: 981
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No maps for these territories
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May 16, 2017, 01:43:58 AM |
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In the meantime, ripple bubbling to more than 1/3 of BTC marketcap in no time. Do you think it´s ripe to short the hell of or will continue pumping?
I have tried to love it, to invest in ripple from a pure economic point of view, but the fundamentals are so screwed and bank driven than I just exit with some BTC profits. I just prefer to short it when the time arrives, that seems to be really close
edit: btc dominance 50.5%
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European Central Bank
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Activity: 1288
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May 16, 2017, 01:49:14 AM |
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Maybe ripple is great but I don't see how it's ended up being lumped in with any proper crypto.
Considering the pumpiness and the banking trope, which will probably have nothing to do with xrp, it could easily dwarf bitcoin. I for one won't care in the slightest.
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bitserve
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Activity: 2072
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Self made HODLER ✓
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May 16, 2017, 02:03:05 AM |
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Of all the altcoins Ripple is the last one I expected to be pumped like this. But if you forget about fundamentals it makes some sense that the most centralised and the one with smaller free-float coin could do this if the owners engage in some "shady" trading tactics.
As soon as the pump ends, the crash will be epic (much bigger than BTC crash in 2013-2014)... but while it lasts, it is making negative pressure on BTC price as that is what most traders are shorting to go long on XRP.
The good thing is that, once that happens, it could propel BTC to record heights.
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Paashaas
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Activity: 4002
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May 16, 2017, 02:25:36 AM |
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Sub $1700 is cheapest price possible?
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bitserve
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Activity: 2072
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May 16, 2017, 02:27:06 AM |
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Sub $1700 is cheapest price possible?
Only while supply lasts! |
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droizs
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May 16, 2017, 02:46:31 AM |
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White sugar
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May 16, 2017, 02:58:56 AM |
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coinmarketcap shows a different number, bitcoin first close to 28B and Ripple second with 11.5B |
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droizs
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May 16, 2017, 03:17:31 AM |
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Actually right now Ripple shows in 1st place and Bitcoin 2nd. # Name Market Cap Price Total Supply Volume (24h) % Change (24h) Price Graph (7d) 1 Ripple Ripple $31,271,273,545 $0.312729 99,994,799,156 XRP * $298,033,000 34.40% 2 Bitcoin Bitcoin $27,714,801,664 $1696.88 16,332,800 BTC $804,322,000 -5.29% Like I said before that rank is counting the total supply and not the circulation supply... there is only 38B xrp in circulation. |
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STT
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Activity: 4620
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May 16, 2017, 03:25:18 AM |
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Ripple I read in a mainstream article described as superior to all other standards as it can encompass them all, so would outlast all of crypto. Ive no idea if thats correct, I had thought it was centralised and so more vulnerable to corruption.
This morning based on last night I changed my view on bitcoin from bullish short term trend to challenged and its been back and forth today. Staying within declining highs but also above 1670 in dollars for now, not sure if CNY is more significant but $ is easier to relate to for me. Its currently reacting to those lows. No idea of the real motivation, news or momentum to it
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BlindMayorBitcorn
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Activity: 1260
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May 16, 2017, 03:39:16 AM |
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It's just the alt coin shuffle. Litecoin is getting kicked out of bed to make room. There doesn't seem to be any logic to it.
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bitserve
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Activity: 2072
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May 16, 2017, 03:55:48 AM |
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It's just the alt coin shuffle. Litecoin is getting kicked out of bed to make room. There doesn't seem to be any logic to it.
Now that XRP is popping it looks like LTC and BTC can continue its road. |
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White sugar
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Activity: 1232
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May 16, 2017, 04:22:31 AM |
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It's just the alt coin shuffle. Litecoin is getting kicked out of bed to make room. There doesn't seem to be any logic to it.
But roach said that anyone that buys the LTC double low would have more profit than anything |
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deepcolderwallet
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May 16, 2017, 04:29:35 AM |
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It's just the alt coin shuffle. Litecoin is getting kicked out of bed to make room. There doesn't seem to be any logic to it.
But roach said that anyone that buys the LTC double low would have more profit than anything I remember that  |
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BlindMayorBitcorn
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May 16, 2017, 04:30:48 AM |
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If you didn't quote it I didn't see it. There's an ignore button there for a reason.
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Pursuer
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Where is my ring of blades...
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May 16, 2017, 04:51:34 AM |
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Actually right now Ripple shows in 1st place and Bitcoin 2nd. # Name Market Cap Price Total Supply Volume (24h) % Change (24h) Price Graph (7d) 1 Ripple Ripple $31,271,273,545 $0.312729 99,994,799,156 XRP * $298,033,000 34.40% 2 Bitcoin Bitcoin $27,714,801,664 $1696.88 16,332,800 BTC $804,322,000 -5.29% let me just put some emphasis on what you just wrote here. Ripple Total Supply = 99,994,799,156 XRP (~100 billion) bitcoin Total Supply = 21,000,000 btc (21 million) Ripple circulating Supply = 38,305,873,865 XRP bitcoin Total Supply = 16,332,937 btc nice stats when you look at it this way, isn't it. |
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Okurkabinladin
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May 16, 2017, 05:12:45 AM |
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Since we hit a support line at around 1650, we might stay here for a couple of days.
Any thoughts on, if we continue all the way down to 1200 or bounce back to 1800 first?
By the way, the panic was amusing, but it is clear as day we are looking at market consolidation, not start of a bear market.
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AlexGR
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Activity: 1708
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May 16, 2017, 06:13:48 AM |
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In the meantime, ripple bubbling to more than 1/3 of BTC marketcap in no time. Do you think it´s ripe to short the hell of or will continue pumping?
My suggestion is to never short banker(-backed) coins. Let it pump, let it dump - who cares. If crypto people wanted centralized solutions they'd own bank stocks. |
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