ChartBuddy
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Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 20, 2014, 04:00:31 PM |
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jonoiv
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December 20, 2014, 04:07:38 PM |
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Thanks to crashing XRP, bitcoin might see a substantial influx of money in the next days.
The high this week was $0.028 and its now $0.025. That's a crash? That's less than a bitcoin fee. Yep ripples fee is 0.0001 of that You keep posting in this thread. can't find a single BTC post, so I guess you're on the wrong forum. |
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Miz4r
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Activity: 1246
Merit: 1000
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December 20, 2014, 04:22:44 PM |
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Thanks to crashing XRP, bitcoin might see a substantial influx of money in the next days.
The high this week was $0.028 and its now $0.025. That's a crash? That's less than a bitcoin fee. The problem is, as Ripple labs and those other 2 guys hold something like 80% of XRP. As soon as some bad news comes, they could cut their loose, before the market even knows of a problem, the market could be literally wiped out almost instantly. Ripple is a risk too far for me. I want to see counterparty make it, I might buy in at some point. That, and also I don't think many 'ripplefans' even understand what XRP is used for. They just buy it because they see it's going up for whatever reason, and then they come here on a Bitcoin forum to cheerlead for it and try to get some more suckers into something they don't understand.  |
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tarmi
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Activity: 1232
Merit: 1011
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December 20, 2014, 04:26:13 PM |
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Thanks to crashing XRP, bitcoin might see a substantial influx of money in the next days.
The high this week was $0.028 and its now $0.025. That's a crash? That's less than a bitcoin fee. The problem is, as Ripple labs and those other 2 guys hold something like 80% of XRP. As soon as some bad news comes, they could cut their loose, before the market even knows of a problem, the market could be literally wiped out almost instantly. Ripple is a risk too far for me. I want to see counterparty make it, I might buy in at some point. That, and also I don't think many 'ripplefans' even understand what XRP is used for. They just buy it because they see it's going up for whatever reason, and then they come here on a Bitcoin forum to cheerlead for it and try to get some more suckers into something they don't understand. why are bitcoiners any different? |
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Gyrsur
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Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
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December 20, 2014, 04:27:46 PM |
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decision time at the latest end of February 2015:  |
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coinableS
Legendary
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Activity: 1442
Merit: 1186
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December 20, 2014, 04:29:47 PM |
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The shorter term charts right now are looking bearish whereas the 12 HR and 1D is looking bullish.
5 minute - bearish
15 minute - bearish
1 HR - undecided
6 HR - bullish
1 Day - bullish
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molecular
Donator
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Activity: 2772
Merit: 1019
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December 20, 2014, 04:31:16 PM |
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that first link shows the bitfinex swap market orderbook, the second one shows bitfinex BTC/USD market. you're comparing apples and oranges, the swap market doesn't trade currency pair, it's for lending/borrowing (btc in the case of your link) |
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Miz4r
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Activity: 1246
Merit: 1000
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December 20, 2014, 04:33:18 PM |
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The problem is, as Ripple labs and those other 2 guys hold something like 80% of XRP. As soon as some bad news comes, they could cut their loose, before the market even knows of a problem, the market could be literally wiped out almost instantly.
Ripple is a risk too far for me. I want to see counterparty make it, I might buy in at some point. That, and also I don't think many 'ripplefans' even understand what XRP is used for. They just buy it because they see it's going up for whatever reason, and then they come here on a Bitcoin forum to cheerlead for it and try to get some more suckers into something they don't understand. why are bitcoiners any different? Oh there are certainly those who don't understand what BTC is about at all and just buy it because they want to profit from it, but I don't see them spam rippleforums and cheerlead for BTC there. On average I do think bitcoiners have a bit more understanding of what Bitcoin is and have other reasons for getting into it besides hoping it goes up. |
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FreeBambi
Newbie
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Activity: 42
Merit: 0
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December 20, 2014, 04:39:17 PM |
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Well you drew some random lines, why the fuck not? I read that as a textbook example of declining volume=run losing its legs. To each his own, I suppose... i saw that 2, and im only 9 Hang around here, Bitcoin can use your mom's money savvy, well-informed traders such as yourself. Welcome. P.S: Your TA has proven to have predictive value, everything's working out just as you suggested. Good job! than y dont other kids here kno how to draw like me? maby they liek bing rong? |
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shmadz
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Activity: 1512
Merit: 1000
@theshmadz
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December 20, 2014, 04:39:49 PM |
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In the morning wall observers!
Nice to see that someone applied the rocket brakes while I was sleeping and bravely jumped in front of this train.
I'd like to thank the traders for their courage.
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bad trader
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December 20, 2014, 04:43:48 PM |
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On average I do think bitcoiners have a bit more understanding of what Bitcoin is and have other reasons for getting into it besides hoping it goes up. Does that include the Chinese traders?  |
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ShroomsKit
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December 20, 2014, 04:54:07 PM |
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Pics I took right now.  Bitstamp:  Bitfinex:  Now I visited again.  Cool That was seconds before all the traders took a shit in their face. |
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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December 20, 2014, 04:55:42 PM |
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ok so 329 is the new fair price, so what  |
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ChartBuddy
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Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 20, 2014, 05:00:32 PM |
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FreeBambi
Newbie
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Activity: 42
Merit: 0
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December 20, 2014, 05:02:05 PM |
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ok so 329 is the new fair price, so what 325  |
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magicmexican
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December 20, 2014, 05:04:58 PM |
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The shorter term charts right now are looking bearish whereas the 12 HR and 1D is looking bullish.
5 minute - bearish
15 minute - bearish
1 HR - undecided
6 HR - bullish
1 Day - bullish
I would say anything below 2h is near useless. |
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coinableS
Legendary
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Activity: 1442
Merit: 1186
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December 20, 2014, 05:23:53 PM |
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The shorter term charts right now are looking bearish whereas the 12 HR and 1D is looking bullish.
5 minute - bearish
15 minute - bearish
1 HR - undecided
6 HR - bullish
1 Day - bullish
I would say anything below 2h is near useless. Ok I fixed it, now we're bullish all the way! |
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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December 20, 2014, 05:32:12 PM |
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The shorter term charts right now are looking bearish whereas the 12 HR and 1D is looking bullish.
5 minute - bearish
15 minute - bearish
1 HR - undecided
6 HR - bullish
1 Day - bullish
I would say anything below 2h is near useless. Ok I fixed it, now we're bullish all the way! i guess the bitlicense news really change the perception and more ppl are bullish now |
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Chainsaw
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December 20, 2014, 05:40:05 PM |
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i guess the bitlicense news really change the perception and more ppl are bullish now
Oh yeah. It's rally time. |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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December 20, 2014, 05:49:31 PM |
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The shorter term charts right now are looking bearish whereas the 12 HR and 1D is looking bullish.
5 minute - bearish
15 minute - bearish
1 HR - undecided
6 HR - bullish
1 Day - bullish
I would say anything below 2h is near useless. Ok I fixed it, now we're bullish all the way! i guess the bitlicense news really change the perception and more ppl are bullish now What bitlicense exactly? |
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