Is Ripple about to become the next kingmaker?

[tokeweed]

yes, but why mad?

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[bitwho]

I feel like people praising ripple here are the ones that bought to this high price now and since ripple is very undisclosed to updating their "coin" holder with their plans then these people do what they can only do "hype" based on speculations..

lets look at some datas:

We all know how the sudden jump in net worth rose in a blink. "new coins issued" x old price.

question is.. where is all the 24 hrs volume coming from?

where clicking the total 24 hours volume in coinmarketcap it shows that roughly $100k is traded in almost all BTC related exchange and then there is ~$1.4 millions on www.RippleCharts.com .... So yeah...

can some one break down where this ~1.4 million 24 hrs trading volume comes from?


Mostly my point of my post is that the people who are trading the $100k volume (aka traders from BTC38, cryptsy , polo , kraken justcoin etc) are coming here praising their glorious investment

[galbros]

just stay away.  it's centralized, so it's not going up.

I worry that it is exactly the opposite - it's centralized so there is some serious investment behind it and strong advocates for it.

I don't like ripple or the idea behind it but you can't argue with success.  Over the last year bitcoin has dropped like a rock and ripple has done well.  Only time will tell, but I think ripple is here to stay, it may be interesting to see what they make of it.

[yvv]

where clicking the total 24 hours volume in coinmarketcap it shows that roughly $100k is traded in almost all BTC related exchange and then there is ~$1.4 millions on www.RippleCharts.com .... So yeah...

can some one break down where this ~1.4 million 24 hrs trading volume comes from?

It is broken down on ripplecharts.com Look at the pie chart. Go to "Value trends" tab for historical data.

Ripple is not XRP. It is a decentralized exchange. XRP is just one of many assets traded there. People trade fiats, assets backed by commodities like gold and silver, dividend bearing assets (e.g. cloud mining hashes), etc. This is where the volume comes from.

Here is an incomplete list of what is currently traded: https://coinist.co/ripple/assets

[klintay]

I feel like people praising ripple here are the ones that bought to this high price now and since ripple is very undisclosed to updating their "coin" holder with their plans then these people do what they can only do "hype" based on speculations..

lets look at some datas:

We all know how the sudden jump in net worth rose in a blink. "new coins issued" x old price.

question is.. where is all the 24 hrs volume coming from?

where clicking the total 24 hours volume in coinmarketcap it shows that roughly $100k is traded in almost all BTC related exchange and then there is ~$1.4 millions on www.RippleCharts.com .... So yeah...

can some one break down where this ~1.4 million 24 hrs trading volume comes from?


Mostly my point of my post is that the people who are trading the $100k volume (aka traders from BTC38, cryptsy , polo , kraken justcoin etc) are coming here praising their glorious investment

Volume is coming from their gateways. They signed two banks (one in Mexico and another in Germany if I remember correctly) so they must be responsible for the 1 million trade volume.

[tokeweed]

I feel like people praising ripple here are the ones that bought to this high price now and since ripple is very undisclosed to updating their "coin" holder with their plans then these people do what they can only do "hype" based on speculations..

lets look at some datas:

We all know how the sudden jump in net worth rose in a blink. "new coins issued" x old price.

question is.. where is all the 24 hrs volume coming from?

where clicking the total 24 hours volume in coinmarketcap it shows that roughly $100k is traded in almost all BTC related exchange and then there is ~$1.4 millions on www.RippleCharts.com .... So yeah...

can some one break down where this ~1.4 million 24 hrs trading volume comes from?


Mostly my point of my post is that the people who are trading the $100k volume (aka traders from BTC38, cryptsy , polo , kraken justcoin etc) are coming here praising their glorious investment

just stay away from ripple.

[Honeypot]

just stay away.  it's centralized, so it's not going up.

Centralization of some sort is inevitable, and has its appropriate position. It is in no way a liability from realistic perspective.


Unless you live in a fantasy world, you should recognize the idealistic decentralized paradise is beyond your reach, at least for the foreseeable future.

[klintay]

Oh man, btc is centralised now anyway...well practically...look at the big mining operations. there is only a handful left  

[tokeweed]

Oh man, btc is centralised now anyway...well practically...look at the big mining operations. there is only a handful left