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ThePatient
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May 31, 2016, 03:58:52 PM
 #601

When it gets to Poloniex, it should easily go beyond 1k satoshis.  I'm not sure why they haven't added it yet, it gets decent amount of volume on bittrex.
Vlizzjeffrey
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May 31, 2016, 04:05:33 PM
 #602

i saw all the big buy orders disseapear as people started dumping rbr, very strange market this, you see people buying the order book up till like 300-500 sat, then price declines again straight away to like 180 sat again., this happend like 4 times in some weeks.

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LuckyLeprachaun
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June 01, 2016, 12:51:42 PM
 #603

What is the total coins? 100 million? I see no reference on front page for the total.

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DeadBirdzz
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June 01, 2016, 12:54:56 PM
 #604

What is the total coins? 100 million? I see no reference on front page for the total.

current available supply: 400,000 000 

Total supply: 1 BILLION

Source: http://coinmarketcap.com/currencies/ribbitrewards/

¯\_(ツ)_/¯
LuckyLeprachaun
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June 01, 2016, 12:57:39 PM
 #605

What is the total coins? 100 million? I see no reference on front page for the total.

current available supply: 400,000 000 

Total supply: 1 BILLION

Source: http://coinmarketcap.com/currencies/ribbitrewards/

Thank you. Makes it hard IMO for coin to rise up with that many coins.

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glerant
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June 01, 2016, 04:09:18 PM
 #606


Thank you. Makes it hard IMO for coin to rise up with that many coins.

I can't see how the number of coins can make any difference unless you are thinking purely in terms of market price per coin?
The only exception would be a large proportion controlled by few or one persons - this can have a bearing on market speculation.
ThePatient
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June 01, 2016, 04:27:11 PM
 #607

What is the total coins? 100 million? I see no reference on front page for the total.

A 10x rise from here would give RBR/Loyyal a very reasonable marketcap.
It's definitely possible, especially if ever added to polo
LuckyLeprachaun
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June 01, 2016, 06:36:59 PM
 #608


Thank you. Makes it hard IMO for coin to rise up with that many coins.

I can't see how the number of coins can make any difference unless you are thinking purely in terms of market price per coin?
The only exception would be a large proportion controlled by few or one persons - this can have a bearing on market speculation.

in reference to your quote "purely in terms of market price per coin" what else is there? not doing this for my health  Wink

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dannyman
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June 01, 2016, 07:24:16 PM
 #609


Thank you. Makes it hard IMO for coin to rise up with that many coins.

I can't see how the number of coins can make any difference unless you are thinking purely in terms of market price per coin?
The only exception would be a large proportion controlled by few or one persons - this can have a bearing on market speculation.


Yeah people often (maybe knowingly) keep saying that coin number somehow affects things that is simply doesnt. market cap is the only valuation a coin really needs to judge value. At present the market cap of Loyyal/Ribbets is around $500,000 which seems pretty damn cheap for a project of this obvious quality and potential. I personally plan to hold until it at least gets to a few million in market cap....at the very least.

Price wise we may also have some undervalue from the fact many released coins were supposedly lost by Cryptsy......not sure on facts of this though.
LuckyLeprachaun
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June 01, 2016, 07:45:44 PM
 #610


Thank you. Makes it hard IMO for coin to rise up with that many coins.

I can't see how the number of coins can make any difference unless you are thinking purely in terms of market price per coin?
The only exception would be a large proportion controlled by few or one persons - this can have a bearing on market speculation.


Yeah people often (maybe knowingly) keep saying that coin number somehow affects things that is simply doesnt. market cap is the only valuation a coin really needs to judge value. At present the market cap of Loyyal/Ribbets is around $500,000 which seems pretty damn cheap for a project of this obvious quality and potential. I personally plan to hold until it at least gets to a few million in market cap....at the very least.

Price wise we may also have some undervalue from the fact many released coins were supposedly lost by Cryptsy......not sure on facts of this though.


I agree with you that this coin is undervalued and has great ideas and projects in the works. But if there is too many coins that flood the market the price will stay low because of it, just logical is all.

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ThePatient
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June 01, 2016, 09:49:49 PM
 #611

Syscoin has a similar amount of coins out right now, and they went up to 4k satoshis.

Plenty of room for growth
hd060053
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June 02, 2016, 12:12:14 AM
 #612

I dont see a reason, not to invest in this coin. I like that they dont focus on marketing but on real world solutions. Also there is a chance to bring this on poloniex soon.
JanDzban
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June 02, 2016, 12:19:35 AM
 #613

Syscoin has a similar amount of coins out right now, and they went up to 4k satoshis.

Plenty of room for growth


Syscoin was never at 4k satoshi


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ThePatient
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June 02, 2016, 12:22:34 AM
 #614

Syscoin has a similar amount of coins out right now, and they went up to 4k satoshis.

Plenty of room for growth


Syscoin was never at 4k satoshi

It went to .000041 in mid-March, on Poloniex. Then traded between 2500 and 3000 for a bit, then 1500 to 2500, and now its dumped back to sub 1k.

I dont see a reason, not to invest in this coin. I like that they dont focus on marketing but on real world solutions. Also there is a chance to bring this on poloniex soon.

Make to sure to send a coinrequest to polo too
JanDzban
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June 02, 2016, 12:34:40 AM
 #615

Syscoin has a similar amount of coins out right now, and they went up to 4k satoshis.

Plenty of room for growth


Syscoin was never at 4k satoshi

It went to .000041 in mid-March, on Poloniex. Then traded between 2500 and 3000 for a bit, then 1500 to 2500, and now its dumped back to sub 1k.

I dont see a reason, not to invest in this coin. I like that they dont focus on marketing but on real world solutions. Also there is a chance to bring this on poloniex soon.

Make to sure to send a coinrequest to polo too

Ok, sorry:) i overlooked this one time shoot to 4k (17 march)


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ThePatient
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June 02, 2016, 05:18:56 AM
 #616

Anyone want to sell me 4 btc worth at 200 sats? Current highest bid on Bittrex is 202.

Markets small, worried if I place it, it won't get filled/people will think it's big and buy up to 300 or something
Haunebu81
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June 02, 2016, 12:00:10 PM
 #617

Wow, price is currently 210 satoshi, and only 1.172 BTC required to increase the price to 300 satoshi.
Romanknickl
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June 03, 2016, 02:42:00 PM
 #618

i saw all the big buy orders disseapear as people started dumping rbr, very strange market this, you see people buying the order book up till like 300-500 sat, then price declines again straight away to like 180 sat again., this happend like 4 times in some weeks.

That is simple!

The whales are accumulating at the moment, look at bittrex there are 5 major wallets!
The good thing is, that we not only have one whale, we have about 4 or 5 of them Grin


That's the reason why the price dropped very fast after a pump!

But when the whales are finished with accumulation, then the price will explode  Grin

don't think about the price, we have several whales, and that is very good for all of us Smiley


catcoinminer
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June 03, 2016, 04:08:54 PM
 #619

The price may go down a bit before starting to explode once whales stop accumulating. There will be a small retracing period.
Haunebu81
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June 03, 2016, 06:07:48 PM
 #620

The price may go down a bit before starting to explode once whales stop accumulating. There will be a small retracing period.

Retracement is over. It already went back down to pre-pump levels.
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