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Author Topic: Is it the end...?  (Read 762 times)
serjent05
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January 05, 2018, 12:09:31 AM
 #21

2018, IMO, will be the year of non-minables vs minables.

Currently the non-minables (and utility coins like ETH) are taking their lion's share of the market.

Do you agree with this assessment?

My major question is: Do you believe that the "new coins" (we all know exactly which these are) will take over the old coins?

(1) For instance, BCH (let's call it old since it is a BTC fork) 4th place is being beseiged by Cardano, XML, New Economy. They just killed LTC, which is dropping like a rock.

(2) DASH has been knocked down by those said coins^ and trampled over by TRX.

(3) Currently, XRP is going to assassinate the king, which is BTC. Will XRP succeed?


What will happen in your opinion? I personally have a pretty wide range of investments. No XRP though, that's for sure.


One thing, Coinmarket Cap should not be taken seriously when it comes to cryptocurrency ranking.  We all know that the logic wanted it to relay is broken due to the fact that anyone can boost their place by simply making their token very huge and sell 1 token at a very high price.  Anyway.. new coins brings innovation and is a challenged to these old coins and I believe it is possible, there is no permanent in this world but changes.

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January 05, 2018, 12:13:17 AM
 #22

I don't know about the pump and dump thing since banks are probably trying to gain public interest in XRP which is why they are pumping prices up. If they succeed and if people choose XRP for daily transactions rather than Bitcoin, it will be a game changer.
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January 05, 2018, 12:54:17 AM
 #23

I don't know about the pump and dump thing since banks are probably trying to gain public interest in XRP which is why they are pumping prices up. If they succeed and if people choose XRP for daily transactions rather than Bitcoin, it will be a game changer.

How do we know that the banks are the ones pumping XRP up? As far as I know there's no evidence that points directly at the banks, but it would make sense that they're trying to bring Ripple up. I'm assuming that you're making this claim because XRP is centralized while BTC is not, so the banks have more control if XRP were to become the daily driver for transactions. However, then in the sense of Op's original question, I think it's possible that we will see the centralized currencies (with the banks backing them) vs the decentralized ones (with individuals and investors backing them).

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January 05, 2018, 01:47:24 AM
 #24

How do we know that the banks are the ones pumping XRP up? As far as I know there's no evidence that points directly at the banks, but it would make sense that they're trying to bring Ripple up.
There is no way to prove anything, unless they themselves openly admit having bought heavily. However, Ripple might be pumped in an attempt to get Bitcoin to decrease due to the potential panic that comes with it.

To me it means nothing that Ripple is growing in market cap, but looking at how people react in the last days, they seem to find it worrying. They however don't yet know that Ripple has surpassed Bitcoin's market cap already.

Right now it's Ripple being worth $323 billion versus Bitcoin being worth $255 billion. People should learn to see how much available supply Ripple has, which is something Coinmarketcap doesn't show you initially.

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January 05, 2018, 02:50:36 AM
 #25

I guess everybody seen this image now. Criminal banks and governments probably chose ripple and it could become the World currency in this year :/

(I am an btc holder since 2013)
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January 05, 2018, 08:19:45 AM
 #26

I don't know about the pump and dump thing since banks are probably trying to gain public interest in XRP which is why they are pumping prices up. If they succeed and if people choose XRP for daily transactions rather than Bitcoin, it will be a game changer.

How do we know that the banks are the ones pumping XRP up? As far as I know there's no evidence that points directly at the banks, but it would make sense that they're trying to bring Ripple up. I'm assuming that you're making this claim because XRP is centralized while BTC is not, so the banks have more control if XRP were to become the daily driver for transactions. However, then in the sense of Op's original question, I think it's possible that we will see the centralized currencies (with the banks backing them) vs the decentralized ones (with individuals and investors backing them).

Well it was aimed primarily at banks, and some pretty large ones use the Ripple platform. If banks were trying to undermine Bitcoin, then supporting (well I guess they already do to some extent) Ripple would probably be the cleanest way to do it. I still have no idea how Ripple is going through this tear, but the fact that the company behind it has the power to release more coins into the market is very off putting to me. They may even be able to create more, for all we know.

Either way, I don't think this run is sustainable, and it's going to slow down at some point. Bitcoin still has a comfortable lead, and I'm not at all worried, considering their differences.

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January 05, 2018, 08:31:20 AM
 #27

2018, IMO, will be the year of non-minables vs minables.

Currently the non-minables (and utility coins like ETH) are taking their lion's share of the market.

Do you agree with this assessment?

My major question is: Do you believe that the "new coins" (we all know exactly which these are) will take over the old coins?

(1) For instance, BCH (let's call it old since it is a BTC fork) 4th place is being beseiged by Cardano, XML, New Economy. They just killed LTC, which is dropping like a rock.

(2) DASH has been knocked down by those said coins^ and trampled over by TRX.

(3) Currently, XRP is going to assassinate the king, which is BTC. Will XRP succeed?


What will happen in your opinion? I personally have a pretty wide range of investments. No XRP though, that's for sure.


Dude you can discuss your shitcoins in the section where this stuff belongs to.
Here is the Bitcoin section!
Why can't you altcoin fanboys respect the board rules and stop shilling here?!!
Boy this is getting ridiculous.
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January 05, 2018, 08:46:52 AM
 #28

2018, IMO, will be the year of non-minables vs minables.
How can you determine that it will be the year of non-mineables vs mineables?
My major question is: Do you believe that the "new coins" (we all know exactly which these are) will take over the old coins?
The way most of the investors think now is instead of buying those popular and well known coins to be high valued they'll put it to a cheaper altcoin that has a good progress and potential. But still I believe in oldies but goodies, they will not take over the old coins. You are looking for the taking over of each coin in the market cap and we can't deny those new coins are doing it great but I don't consider that thing, I'm still with those remain to be the greatest and well known for their stability.


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January 05, 2018, 09:57:23 AM
 #29


Right now it's Ripple being worth $323 billion versus Bitcoin being worth $255 billion. People should learn to see how much available supply Ripple has, which is something Coinmarketcap doesn't show you initially.

That worth is entirely fictional, if you compare actual market volume Bitcoin wins easily. That's not to say that the Bitcoin price is any more "real" than the ripple price since they are both obviously created by current supply and demand, but BTC has far more support and trust if things go to shit which they inevitably will do when the next major correction or crash hits.
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January 05, 2018, 10:18:31 AM
 #30

2018, IMO, will be the year of non-minables vs minables.
How can you determine that it will be the year of non-mineables vs mineables?

[...]

I assume OP extrapolates from the fact that most of the coins that were recently pumped are centrally issued currencies. There's definitely a trend towards releasing tokens via centralized entities, but we have yet to see whether community acceptance and thus price will increase in the long term

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January 05, 2018, 11:18:15 AM
 #31

Oh no, bitcoin suddenly went nuts and go above $16,000 once more as coinmarketcap. Do you really think that bitcoin's dominance will just suddenly disappear? My God, Flippening didn't succeed, What are the chances of Rippening then? Nada. They have their 5 minutes of fame, its over guys. its price is suddenly going red for the first time while bitcoin is climbing back and sitting on its throne like a king. Ripple is centralized coin, if I'm not mistaken and I don't think that investors like you and me want to see someday that a coin which is centralized will reign as the no. 1 crypto. And its another altcoins, almost every altcoins now are being pump, specially last month. Everyone of them has its fair share of hugging the limelight for sometime before eventually going down before another altcoin is pump next, this tiime its Ripple turn, but long term I doubt that it can sustain its run. Today marks the end of it.

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January 05, 2018, 01:12:16 PM
 #32

Do you really think that bitcoin's dominance will just suddenly disappear?

People should learn the difference between market cap and market share, which is something that even Roger Ver with his years of economical knowledge still don't know. He looks at the market cap dominance of Bitcoin and says that Bitcoin's market share has gone down to an absolute bottom, while he is spreading utter nonsense and false information. People don't understand that it's the actual ecosystem that matters, and the usage and network strength that comes with it. For a lot people it's just as simple as coin A has a higher price than coin B, so it's better. Cheesy It just shows with how many empty headed chickens we have to deal with in this crypto space.
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January 05, 2018, 02:57:19 PM
 #33

I guess everybody seen this image now. Criminal banks and governments probably chose ripple and it could become the World currency in this year :/

(I am an btc holder since 2013)
south korea was choosing ripple and then there was a very huge pump to the ripple, ripple was officially to be the bankers coin with centralized system but how so many people are still buying it right now.
For the world currency in this year and that looks possible for me. How ripple only gets a small correction while at the same time it pumps over 100 percent.

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January 05, 2018, 03:00:19 PM
 #34

I think people are going to increase focus on receiving dividends.  Looking for POS coins they can stake in wallets and generate additional income.  I also think that people will look for values in coins they can create a node on.
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January 05, 2018, 04:34:02 PM
 #35

DAGs still have a lot of catching up to do.

And Ripple? Pfui - Bad Dog! Go to your corner! Sit! And stay down.
See, doesn't help. Never the less, haven't touched Ripple and a sure as Public Key encryption am not starting now.
Whoever is behind the push certainly will have his moment of pull.

Seriously though. Imagine Ripple with the same Market-Cap as Bitcoin. Just imagine it. Who on the globe can look at it with straight face and say: well, it must be true since CMC says so.

Pardon, do not want. Just like I ain't touching Iota. No offense my dear coordinators. Sure I have Byteball (what informed Bitcoiner doesn't?)... Yet few users have played in depth with the wallet (link two of them) and uses it as free encryted chat-app. Its "there" already....

My hole point is true adoption. Even though Bitcoin Network is now as slow as traditional Banking and multiple times more expensive its biggest issue for me was lack of consensus how to deal with the increased demand. Chainsplits should not have happend.

Rayblock? Captcha for glory somehow doesn't inspire me as a good origion story....
Ripple is really a bad dog and I hope those who are looking for basically profit from ripple will end up finding what they are looking for. This is one coin I would not even bother myself about as it means nothing to the community and should not even be regarded as a cryptocurrency and I really want to see how long it keeps going before it gets what it deserves.

A lot of people have assumed a lot of moment in the past to be the end, I am sure they always get their questions answered eventually.

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January 05, 2018, 11:50:08 PM
 #36

Wow! Litecoin has taken back many spots since my OP, and BTC is now back at good levels, and we will very likely be seeing another "wave" of big gains.

I guess to less experienced traders like me, it would seem (the past few weeks) that BTC was going to get taken over, but it looks like this is just a cycle that goes on regularly. At least that's what the more experienced people are saying.

I hope XRP hits sub-$2 in the future...

Using crypto to pay for college.
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January 06, 2018, 01:44:57 PM
 #37

Wow! Litecoin has taken back many spots since my OP, and BTC is now back at good levels, and we will very likely be seeing another "wave" of big gains.

I guess to less experienced traders like me, it would seem (the past few weeks) that BTC was going to get taken over, but it looks like this is just a cycle that goes on regularly. At least that's what the more experienced people are saying.

I hope XRP hits sub-$2 in the future...


Lol. Yeah you may have based it from recent happenings and btc is now rearing it's head for probably another try at breaking 20k soon. Ripple may just be up there displacing etherium which has played second for a ling time but the old coins have strong support so they may be down but they definitelg aren't out

 
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January 06, 2018, 05:14:21 PM
 #38

There's no such thing. Non minable coins are still not safe. There's no real replacement for Proof of Work. Proof of Stake, DAG, or any other method aren't to be trusted, I wouldn't put a big amount of net worth on these systems.

There's no way around needing huge amounts of work to secure data in a decentralized network so far, unfortunately.

And for those that still didn't realize yet: ETH is going PoS soon, I think this year, so you can count ETH as non PoW soon.
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January 06, 2018, 06:26:08 PM
 #39

2018, IMO, will be the year of non-minables vs minables.

Currently the non-minables (and utility coins like ETH) are taking their lion's share of the market.

Do you agree with this assessment?

My major question is: Do you believe that the "new coins" (we all know exactly which these are) will take over the old coins?

(1) For instance, BCH (let's call it old since it is a BTC fork) 4th place is being beseiged by Cardano, XML, New Economy. They just killed LTC, which is dropping like a rock.

(2) DASH has been knocked down by those said coins^ and trampled over by TRX.

(3) Currently, XRP is going to assassinate the king, which is BTC. Will XRP succeed?


What will happen in your opinion? I personally have a pretty wide range of investments. No XRP though, that's for sure.


I'd disagree with your statement, I think more and more coins are competing for a fair share but I don't think the major coins will be toppled, much like dogs, every coin has its day but overall I see bitcoin and ETH remaining the true juggernauts of the crypto world.

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January 06, 2018, 06:35:19 PM
 #40

2018, IMO, will be the year of non-minables vs minables.

Currently the non-minables (and utility coins like ETH) are taking their lion's share of the market.

Do you agree with this assessment?

My major question is: Do you believe that the "new coins" (we all know exactly which these are) will take over the old coins?

(1) For instance, BCH (let's call it old since it is a BTC fork) 4th place is being beseiged by Cardano, XML, New Economy. They just killed LTC, which is dropping like a rock.

(2) DASH has been knocked down by those said coins^ and trampled over by TRX.

(3) Currently, XRP is going to assassinate the king, which is BTC. Will XRP succeed?


What will happen in your opinion? I personally have a pretty wide range of investments. No XRP though, that's for sure.

Eth is mineable for your information.I don't know where did you get this idea or sayings but its just really normal for a certain crypto to overtake or surpass another one. We do know there are lots of coins in the market and positions wont really be permanent that's why its normal to see off a coin being aheaded by newer ones. It does really depend actually if community would support it. Talking about XRP to assassinate BTC, Its not possible and it wont still stand a chance.

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