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amitrwt
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May 23, 2014, 01:19:57 PM |
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Looks like we will be hitting 550$ mark within few hours.. now looking for 600$
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calmindifference
Member
 Offline
Activity: 91
Merit: 10
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May 23, 2014, 01:22:48 PM |
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Premined doesn't automatically mean scam though. Ripple has a different vision and idea, and I could see it being used between banks just because of the corporate background. It is an interesting project. I would never buy it, but I actually own about 5k xrp (which is nothing) from running BOINIC on a spare computer.
Not necessarily a scam, but if the premine falls > 50% in the hands of a single individual then it's a huge risk to other investors. BTC is at lower risk due to only 10% under control of Satoshi and 7% under control of gox "hackers" |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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May 23, 2014, 01:23:29 PM |
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Looks like we will be hitting 550$ mark within few hours.. now looking for 600$
It's NUTS. the levels we are about to break are going to make the hourly chart munt its self. In the last few hours we are actually accelerating! |
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Mythul
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May 23, 2014, 01:23:44 PM |
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Hahaha best pic of the month. CCMF BRO ! |
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bitgeek
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May 23, 2014, 01:25:04 PM |
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Looks like we will be hitting 550$ mark within few hours.. now looking for 600$
It should reach 600 at least, this was the relatively stable price before the Chinese started stirring the pot. |
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spooderman
Legendary
Offline
Activity: 1652
Merit: 1029
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May 23, 2014, 01:27:12 PM |
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choo to teh mother fucking choo
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YogoH
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May 23, 2014, 01:27:27 PM |
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Premined doesn't automatically mean scam though. Ripple has a different vision and idea, and I could see it being used between banks just because of the corporate background. It is an interesting project. I would never buy it, but I actually own about 5k xrp (which is nothing) from running BOINIC on a spare computer.
Not necessarily a scam, but if the premine falls > 50% in the hands of a single individual then it's a huge risk to other investors. BTC is at lower risk due to only 10% under control of Satoshi and 7% under control of gox "hackers" Not the point. The blockchain can be used in many ways when a 100% or 50% premine is preferable. Especially internally or for applications such as voting. |
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Mythul
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May 23, 2014, 01:30:58 PM |
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Its happening guys, its finally happening...  |
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blatchcorn
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May 23, 2014, 01:33:08 PM |
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Here come the whales   |
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JorgeStolfi
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May 23, 2014, 01:33:20 PM |
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Still no ideas of where this rally is coming from (China, West, ...), nor why?
It seems that the price stops increasing for 2-3 hours around 19:00 UTC every day, which is 03:00 in China. So I would think that China STILL sets the price.
Perhaps some Chinese exchange already started operating offshore, and is in beta-test by selected clients?
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rohnearner
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May 23, 2014, 01:34:54 PM |
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Price On June 1st 2014
OPTIMIST
>800 - 48 (20.3%)
720 - 10 (4.2%)
648 - 43 (18.2%)
Realist
583 - 61 (25.8%)
524 - 41 (17.4%)
472 - 15 (6.4%)
Pessimist
425 - 4 (1.7%)
382 - 2 (0.8%)
<344 - 12 (5.1%)
Total Voters: 236
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spooderman
Legendary
Offline
Activity: 1652
Merit: 1029
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May 23, 2014, 01:35:03 PM |
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Here come the whales lololol thank you |
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amitrwt
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May 23, 2014, 01:37:17 PM |
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Price On June 1st 2014
OPTIMIST
>800 - 48 (20.3%)
720 - 10 (4.2%)
648 - 43 (18.2%)
Realist
583 - 61 (25.8%)
524 - 41 (17.4%)
472 - 15 (6.4%)
Pessimist
425 - 4 (1.7%)
382 - 2 (0.8%)
<344 - 12 (5.1%)
Total Voters: 236
Good to know I'm Realist and most of the members who voted |
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gizmoh
Legendary
Offline
Activity: 1428
Merit: 1000
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May 23, 2014, 01:41:23 PM |
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Correction imminent  |
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7thKingdom
Member
Offline
Activity: 107
Merit: 10
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May 23, 2014, 01:41:49 PM |
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lolol at the whale that just doubled their wall at 550
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YogoH
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May 23, 2014, 01:43:17 PM |
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Man it feels good to be hitting red walls again.
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oda.krell
Legendary
Offline
Activity: 1470
Merit: 1007
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May 23, 2014, 01:43:40 PM |
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Still no ideas of where this rally is coming from (China, West, ...), nor why?
It seems that the price stops increasing for 2-3 hours around 19:00 UTC every day, which is 03:00 in China. So I would think that China STILL sets the price.
Perhaps some Chinese exchange already started operating offshore, and is in beta-test by selected clients?
You'll get used to the feeling of confusion, I'm sure. Hope you'll stick around when we're back to 1200 and beyond, will be interesting to see the rationalizations you'll come up with. ("back to 1200" eventually, dear bulls. not tomorrow, or even next month.) |
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MoreFun
Legendary
Offline
Activity: 1008
Merit: 1003
WePower.red
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May 23, 2014, 01:45:33 PM |
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lolol at the whale that just doubled their wall at 550
Is this $510, $530 and $550 approx. 1600 BTC wall guy that is moving his walls? Or was his wall already bought? |
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studio1one
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May 23, 2014, 01:46:47 PM |
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Still no ideas of where this rally is coming from (China, West, ...), nor why?
It seems that the price stops increasing for 2-3 hours around 19:00 UTC every day, which is 03:00 in China. So I would think that China STILL sets the price.
Perhaps some Chinese exchange already started operating offshore, and is in beta-test by selected clients?
You'll get used to the feeling of confusion, I'm sure. Hope you'll stick around when we're back to 1200 and beyond, will be interesting to see the rationalizations you'll come up with. ("back to 1200" eventually, dear bulls. not tomorrow, or even next month.) honestly, I think it is pretty much self fulfilling prophecy. Enough indicators pinged that a trend reversal may possibly be happening that people started buying and created a trend reversal. The more it reverses, the more indicators ping and the more fiat flows. Snowball effect. |
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spooderman
Legendary
Offline
Activity: 1652
Merit: 1029
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May 23, 2014, 01:48:10 PM |
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That is quite an impressive wall
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