redacted

[axxo]

Interestingly enough, no one knows the true amount in circulation since many of the coins died at cryptsy. There are maybe 60-70 million coins on this exchange so we can really only count those.

This thing is heavily undervalued wow

I have not been following the Cryptsy thing, but can we not assume that all those coins will eventually reach the market again? The people who ran cryptsy still have access to them all, no?

Yes, of course they have access to all the coins listed in their exchange.

[AutoView]

Interestingly enough, no one knows the true amount in circulation since many of the coins died at cryptsy. There are maybe 60-70 million coins on this exchange so we can really only count those.

This thing is heavily undervalued wow

I have not been following the Cryptsy thing, but can we not assume that all those coins will eventually reach the market again? The people who ran cryptsy still have access to them all, no?

Yes, of course they have access to all the coins listed in their exchange.

Exactly. Just makes those 60-70 million more likely to be dumped one day. I'll make sure to always have some low buys in the books

[bitcoinwonders010]

Interestingly enough, no one knows the true amount in circulation since many of the coins died at cryptsy. There are maybe 60-70 million coins on this exchange so we can really only count those.

This thing is heavily undervalued wow

I have not been following the Cryptsy thing, but can we not assume that all those coins will eventually reach the market again? The people who ran cryptsy still have access to them all, no?

Yes, of course they have access to all the coins listed in their exchange.

Exactly. Just makes those 60-70 million more likely to be dumped one day. I'll make sure to always have some low buys in the books

one day and whenever that one day comes who knows where will be at. plus the market cap has been calculated by using total supply not bittrex supply so regardless where cheap. expect 5k sats we heading to polo.

[topcat363]

Interestingly enough, no one knows the true amount in circulation since many of the coins died at cryptsy. There are maybe 60-70 million coins on this exchange so we can really only count those.

This thing is heavily undervalued wow

I have not been following the Cryptsy thing, but can we not assume that all those coins will eventually reach the market again? The people who ran cryptsy still have access to them all, no?

Yes, of course they have access to all the coins listed in their exchange.

Exactly. Just makes those 60-70 million more likely to be dumped one day. I'll make sure to always have some low buys in the books

no one with a brain will dump so best of luck to those low orders

[axxo]

Interestingly enough, no one knows the true amount in circulation since many of the coins died at cryptsy. There are maybe 60-70 million coins on this exchange so we can really only count those.

This thing is heavily undervalued wow

I have not been following the Cryptsy thing, but can we not assume that all those coins will eventually reach the market again? The people who ran cryptsy still have access to them all, no?

Yes, of course they have access to all the coins listed in their exchange.

Exactly. Just makes those 60-70 million more likely to be dumped one day. I'll make sure to always have some low buys in the books

no one with a brain will dump so best of luck to those low orders

Agree, this should be on a thousand satoshi range or more with the kind of of development we are seeing. The developers really doing a great job with Ribbit.

[bitcoinwonders010]

cant wait for this to get noticed in top 20

[m4nki]

$1.5 million in seed funding is awesome - and they have a great team behind it:

http://www.ribbit.me/#team

Right now the market cap is ~$250.000 - totally undervalued concerning the 5 million evaluation by the investors.

I'm expecting a surge in market cap...20 bagger for starters!

This is major league imHo !

Definitely, only few coins like Ribbitrewards has a real world use case most especially those related to businesses rewards program.

The only thing I am a bit wondering about:

$1.5 million of a $5 million evaluation is 30% of equity.

Giving away 30% of equity within a series A funding round could be a bit too much equity to give away though, as successful startups usually have multiple funding rounds to close. It can be dangerous to give such a huge amount of equity to investors of the first funding round, as there will be considerable less equity for future funding rounds, especially if Ribbit aims to becoming a unicorn.

If the VC company wants to invest in potential unicorns, they usually aim to invest about 10-20% per fundraising round, leaving enough room for future investors to buy a piece of the pie for much higher evaluations (a VC example with this philosophy is e.g. Point Nine Capital).

[MaGNeT]

Congrats 

[Jimmygio]

Looking really good! Excited to see how this trades this week. Definitely undervalued right now.

[TheICE007]

wow this coin has alot going for it, also it has close to the same amount of coins as MaidSafe , keep up the good work devs.

[s0nix]

Found RBR on Bittrex today, charts of the last days looks very good.
I wonder which is a new coin? Because the first post here is from 2014 but I never heard about RibbitRewards.

[wasref]

cant see myself selling this 10k sats would give it cap near 10million but thats with total coins, who knows how much was lost to cryptsy

[wasref]

people still aint caught on to this coin yet, putting the investment aside the coin is great. dgb with 250k investmnt has cap of 1.2million

[topcat363]

cant see myself selling this 10k sats would give it cap near 10million but thats with total coins, who knows how much was lost to cryptsy

a ton of coins were lost at cryptsy. bittrex was not the main stage for this coin.

supply is most likely very very limited. we can account for 60-70 million on trex and thats about it.


10k-20k once a whale or two takes notice

[wasref]

cant see myself selling this 10k sats would give it cap near 10million but thats with total coins, who knows how much was lost to cryptsy

a ton of coins were lost at cryptsy. bittrex was not the main stage for this coin.

supply is most likely very very limited. we can account for 60-70 million on trex and thats about it.


10k-20k once a whale or two takes notice

if that true then pop a bottle in no rush got my salary coming through tomorrow

[kcanup]

Did rbr already forked to pow? If yes where are the pools?

[TheICE007]

not sure how this coin is so undervalued and is flying under the radar with this big news.

[enhu]

not sure how this coin is so undervalued and is flying under the radar with this big news.

yes seem like the marketing just failed to make a buzz to the whole crypto forums.
maybe because its marketplace.life isn't up yet. coin seems easy to mine, anyone can be a frog.. ribbit!

[sorinln]

In december was 16 sat. I buy some coins then

[wasref]

not sure how this coin is so undervalued and is flying under the radar with this big news.

yes seem like the marketing just failed to make a buzz to the whole crypto forums.
maybe because its marketplace.life isn't up yet. coin seems easy to mine, anyone can be a frog.. ribbit!

bitcointalk ususally is the place to market it and generate interest but dev dont see this as the platform. look at the top coins they dont rely on third party forum they have their own sites and let their development do the talking same thing here, they did just secure $1.5million in funding without even being here says alot where this is heading.

definitely one to be in. my profit from other altcoins moving into here.