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The Ripple Thread

1568101135

Comments

  • Registered Users, Registered Users 2 Posts: 36,462 ✭✭✭✭BorneTobyWilde


    grindle wrote: »
    $19478.26

    THats crazy.
    I missed out. I was reading somewhere about Ripple and that it might be one for the future.


  • Registered Users, Registered Users 2 Posts: 36,462 ✭✭✭✭BorneTobyWilde


    Pudsy33 wrote: »
    Dropping back to $1.80ish now. Kinda regret not cashing our yesterday at $2.50. Hopefully it can grow in the new year.

    Would you think there is any value now for a first time buyer to buy as 2$ a coin? Could we see it hit 100$ next year?


  • Registered Users, Registered Users 2 Posts: 10,796 ✭✭✭✭Pudsy33


    Would you think there is any value now for a first time buyer to buy as 2$ a coin? Could we see it hit 100$ next year?

    I'm definitely not the man to ask tbh, I only got on board largely due to the post of the more knowledgeable in this thread. I think even the most optimistic of estimates reckon $10 is the ceiling here, there is too many Ripple coins to see it hit those heights. It could well fall to nothing.


  • Registered Users, Registered Users 2 Posts: 5,758 ✭✭✭el diablo


    Carroller wrote: »
    Ah I dunno if you didn't get that was a joke then I can't help ya :o I'm cashing out if it hits $2.75 again :)

    There was zero indication that it was actually a joke. Some people actually believe that Ripple tokens will eventually be worth thousands of dollars. :cool:
    Would you think there is any value now for a first time buyer to buy as 2$ a coin? Could we see it hit 100$ next year?

    Extremely unlikely that'll ever get anywhere near $10 never mind $100.

    We're all in this psy-op together.🤨



  • Registered Users, Registered Users 2 Posts: 6,536 ✭✭✭EagererBeaver


    Pudsy33 wrote: »
    Dropping back to $1.80ish now. Kinda regret not cashing our yesterday at $2.50. Hopefully it can grow in the new year.

    Would you think there is any value now for a first time buyer to buy as 2$ a coin? Could we see it hit 100$ next year?

    Think about what you're asking - a 50 fold increase in price would imply a market cap of $4.3 TRILLION!


  • Banned (with Prison Access) Posts: 72 ✭✭sunrainmooncl


    Think about what you're asking - a 50 fold increase in price would imply a market cap of $4.3 TRILLION!

    Is a market cap relevant for currency?


  • Registered Users Posts: 103 ✭✭determinations


    Coin|Cost|Market Cap|Quantity
    Bitcoin|$13,114.80|$219,963,878,068|16,772,187 BTC
    Ripple|$2.15|$83,183,790,947|38,739,144,847 XRP
    Ethereum|$720.05|$69,607,064,791|96,669,363 ETH


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    Is a market cap relevant for currency?

    If you notice a single cryptocurrency's cap reaching half of the value of all fiat coins and notes in the world you should probably get a bit nervous.


  • Registered Users, Registered Users 2 Posts: 7,779 ✭✭✭SureYWouldntYa


    Is a market cap relevant for currency?

    There's more Ripples than there is Bitcoin for instance, that's what it's price is so "low" in comparison to other big coins

    According to coinmarketcap there is over 38 billion ripples, while there's 16 million bitcoins so about 2000 times more individual coins

    A $1 increase of ripple is massive, while you can see a difference of more than $10 every time you refresh for Bitcoin

    Market cap is more important than price really


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  • Registered Users, Registered Users 2 Posts: 18,207 ✭✭✭✭Dohnjoe


    Is a market cap relevant for currency?

    No really currencies as such, more like speculative digital assets/commodities.


  • Registered Users Posts: 92 ✭✭rekcaks


    What crypto is everyone exchanging it for?


  • Registered Users, Registered Users 2 Posts: 10,796 ✭✭✭✭Pudsy33


    rekcaks wrote: »
    What crypto is everyone exchanging it for?

    I bought Ethereum on Coinbase, and swapped it for Ripple on Binance.


  • Registered Users, Registered Users 2 Posts: 4,359 ✭✭✭jon1981


    Given all the talk of market cap. In reality, can you expect Ripple to reach a 6 dollar?Given that would put it on par with Bitcoin?

    Perhaps a Coinbase listing might help it move beyond 3 dollars but given the extra hurdle you have to go through to own Ripple (i.e coinbase + some other exchange/wallet) I don't see it exceeding bitcoin market cap until it's listed on coinbase.


  • Registered Users, Registered Users 2 Posts: 6,536 ✭✭✭EagererBeaver


    jon1981 wrote: »
    Given all the talk of market cap. In reality, can you expect Ripple to reach a 6 dollar?Given that would put it on par with Bitcoin?

    Perhaps a Coinbase listing might help it move beyond 3 dollars but given the extra hurdle you have to go through to own Ripple (i.e coinbase + some other exchange/wallet) I don't see it exceeding bitcoin market cap until it's listed on coinbase.

    If it happens, it won't be any time soon. $3 is a plenty big enough target for now!


  • Registered Users, Registered Users 2 Posts: 4,359 ✭✭✭jon1981


    I think one thing is certain, forget (at this stage) thinking Ripple can ever be worth 16k. If you're hoping to make millions off a few 100 euro...then move on to to other fields.

    Actually on the topic of making millions off a small investment. I reckon the ship has sailed for Crytoassest lucky millionaires ... it's now "main stream".


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  • Registered Users Posts: 151 ✭✭JustShay


    Blacktie. wrote: »
    This whole post hurt my brain.

    Can I just say. I told you so.


  • Registered Users, Registered Users 2 Posts: 2,213 ✭✭✭ZeroThreat


    jon1981 wrote: »
    I think one thing is certain, forget (at this stage) thinking Ripple can ever be worth 16k. If you're hoping to make millions off a few 100 euro...then move on to to other fields.

    Actually on the topic of making millions off a small investment. I reckon the ship has sailed for Crytoassest lucky millionaires ... it's now "main stream".

    Exactly, I'd go so far as to say that we're near the point of the bubble bursting, I'd seriously suggest everyone on these forums cash in their investments and get their money out while they're still ahead.


  • Registered Users, Registered Users 2 Posts: 6,536 ✭✭✭EagererBeaver


    JustShay wrote: »
    Blacktie. wrote: »
    This whole post hurt my brain.

    Can I just say. I told you so.
    Why? It's not on coinbase, it's not easy to buy if you don't know what you're doing. The recent surge in Ripple has nothing to do with what you posted.


  • Registered Users Posts: 1,573 ✭✭✭WhiteMemento9


    ZeroThreat wrote: »
    Exactly, I'd go so far as to say that we're near the point of the bubble bursting, I'd seriously suggest everyone on these forums cash in their investments and get their money out while they're still ahead.

    If I had a penny for every time someone has written that over the last few years I wouldn't need to invest in Crypto as I would already be very rich.


  • Posts: 0 [Deleted User]


    I signed up, probably nothing will come of it but I'd be kicking myself if they became shot up in price and I didn't have any because I was to lazy to sign up :D


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  • Posts: 0 [Deleted User]


    GreeBo wrote: »
    I'm really talking more about trading, your portfolio will rise and dip if you hodl, but trading can quickly realise losses.

    Oh ok, get ya, and thanks again.

    To be honest, I am well into 'day trading' territory now and should step back a bit before I get badly bitten. A little over 2 weeks ago when I first got into this, day and swing trading was not my intention at all - I didn't even know what those things were. I wanted to research and pick 4-6 coins, diversify and HODL.

    Now though, I'm checking Binance first thing after waking up, then another 50+ times per day. I'm reading price charts. I'm watching 1-2 hours of Youtube content per day related to coins and analysis of them. I've suspended reading the Dark Tower series (which I was really enjoying) in favour of reading books like 'The Internet of Money' and 'Mastering Bitcoin'. I'm searching for new companies and their ICOs. It's all gotten a little intense, if only I put this much effort into mastering the instruments of my regular day job :pac:

    Am I desperately searching for the next moon coin? No, I'm not desperately searching. Looking at all those coins that have mooned, and their history before mooning - There was nothing smart or genius about HODLing a lot of them at certain points in their timeline. A lot of it is down to pure luck.

    Am I looking to earn a few extra quid per annum on top of my already decent income, and learn something new and prepare myself for the future in the process? Absolutely. I just need to calm down a bit, and remember why I came here in the first place - Diversify and HODL.

    It's the holidays/new year. Bitcoin will be back with a major bang next week, as for ripple, you would be a brave man to invest at these prices, it could of course go up but it also could fall very heavily, the chances it hits $3 V under $1 - i would probably go with the $1 option, nobody knows of course, think and research carefully, look at the buy and sell walls. (I haven't as no longer in ripple). Best of luck

    Serious correction for Ripple today. I don't mind if it establishes a new support at around $1.80 to build from. However, it's dipping below that at the moment and might not be done yet.

    I did some swing trading when it was going up and back between $2.10 and $2.50. Decent profits for my small potatoes, but it meant that I was left with a bunch of XRP bought at $2.10 when it didn't swing back up one final time.

    This is for my HODL stash (c. 250) and I'm not too worried as 1) Overall with XRP I'm still up, and importantly 2) I think this will grow in the early new year.

    That said, Asteriods over Berlin, any of your posts I've read in this forum have assured me that you know your shít about crytpos. Very glad to hear your opinion there, even if it differs from my own.

    .......................................................

    As for anyone looking to get into XRP now, at around $1.80. I still think they will see a profit in the near future, however just be aware with what you're investing into - 'Buy the hype/rumour, sell the news' - This is a new term to me, but already I can understand its meaning.

    For the last week Ripple have been talked about heavily. Their CEO was on the US business shows hyping the company. There are rumours all over the place of XRP getting listed on Coinbase in early 2018. All of this had to have contributed to the price surge 24 hours ago. I'm not sure if we'll that surge again anytime soon (the next 2-3 days) as all of that promotion is bound to be factored into the current price already. We need some more hype!


  • Posts: 0 [Deleted User]


    Hmm, speaking of Ripple needing 'more hype' for the next price surge, a video appeared on Reddit in the last few hours which allegedly shows a Ripple demo in action on a Coinbase beta site...



    Some of the reddit sleuths have confirmed the wallet addresses in the video, and confirmed that there was a transaction. More so, they reckon that they have identified the guy...

    The receive address shown at the end: rPP4jyPd8uqhVRqvA9Ge8f4vUJXWMepJtE
    Is a valid address that was first used on December 29, and has sent and received several Ripple transactions from ShapeShift and GateHub.

    The 291.1 transaction shown in the video does appear correctly at this address. The other transaction shown, 164.21, does not appear at this address, but it could easily be a different address.

    ALSO, assuming "George Smith" is a real name... here is a George Smith in San Francisco (where Coinbase is headquartered) who works in financial startups and tech. Previously of Wallet.ai:
    https://www.linkedin.com/in/georgedotsmith

    Not impossible to fake, but if so, someone covered their bases. It's pretty darn convincing.

    Reddit Ripple thread: https://www.reddit.com/r/Ripple/comments/7n64gc/ripple_demo_on_coinbase_beta_site_video/

    Could be faked of course, but this is the kind of hype I'm talking about. Buy while all of this is being rumoured...'Ripple to be listed on Coinbase'...'Ripple to announce partnership with 200 new banks in early 2018'...'Ripple to cure all cancers and solve the North Korea problem by Q3 2018'

    'Buy the hype/rumour' seems to be what they say, and there's a fair bit of it going around concerning Ripple at the moment. For instance, if Ripple does get listed on Coinbase and you read about it one minute after it happens, that might be already too late to buy in and see a decent profit as a result of this news.

    ***Please note, I'm not telling anyone to buy Ripple. My point here applies to all cryptos, buy during the rumour phase rather than when you're reading about confirmation. There's a shít-ton of that going with Ripple at the moment. Sure, some it has been factored into the price already, but the likes of the above video will see more positive activity in the market very soon IMO.

    Also, regarding hype and rumour, and all things with investing your money - Research! And when you're done, research some more.


  • Registered Users Posts: 4 Shanec2k


    Is there somewhere that you could recommend where I could buy Ripple, at a decent rate and fee.? Also, that's easy to use or understand?


  • Registered Users Posts: 278 ✭✭Daraa


    Hmm, speaking of Ripple needing 'more hype' for the next price surge, a video appeared on Reddit in the last few hours which allegedly shows a Ripple demo in action on a Coinbase beta site...



    Some of the reddit sleuths have confirmed the wallet addresses in the video, and confirmed that there was a transaction. More so, they reckon that they have identified the guy...



    Reddit Ripple thread: https://www.reddit.com/r/Ripple/comments/7n64gc/ripple_demo_on_coinbase_beta_site_video/

    Could be faked of course, but this is the kind of hype I'm talking about. Buy while all of this is being rumoured...'Ripple to be listed on Coinbase'...'Ripple to announce partnership with 200 new banks in early 2018'...'Ripple to cure all cancers and solve the North Korea problem by Q3 2018'

    'Buy the hype/rumour' seems to be what they say, and there's a fair bit of it going around concerning Ripple at the moment. For instance, if Ripple does get listed on Coinbase and you read about it one minute after it happens, that might be already too late to buy in and see a decent profit as a result of this news.

    ***Please note, I'm not telling anyone to buy Ripple. My point here applies to all cryptos, buy during the rumour phase rather than when you're reading about confirmation. There's a shton of that going with Ripple at the moment. Sure, some it has been factored into the price already, but the likes of the above video will see more positive activity in the market very soon IMO.

    Also, regarding hype and rumour, and all things with investing your money - Research! And when you're done, research some more.


    I personally think its a fake because Coinbase's\GDAX's Digital Asset Framework Section 1.1 clearly states that any new asset must be "Decentralised - The network is public, decentralized, and enables trustless consensus."

    https://www.gdax.com/static/digital-asset-framework-2017-11.pdf

    https://www.reddit.com/r/ethtrader/comments/7n185l/is_ripple_decentralized/

    But here is the reddit link where they attempt to verify the transaction

    https://www.reddit.com/r/CryptoCurrency/comments/7n6eg5/ripple_demo_on_coinbase_beta_site_video/drzenmu/

    and here is another reddit link where people who claim to be Firefox designers discuss how hard/easy this would be to fake.

    https://www.reddit.com/r/CryptoCurrency/comments/7n6eg5/ripple_demo_on_coinbase_beta_site_video/drzffoo/


  • Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    jon1981 wrote: »
    I reckon the ship has sailed for Crytoassest lucky millionaires ... it's now "main stream".

    Not a hope. For one, it's not mainstream - there's a crazy amount of money entering but still orders of magnitude more to come. The on-ramp is still too fiddly for the vast majority of people.

    Just because the market has ballooned and some coins have become overweight doesn't mean new opportunities cease to exist.
    Not many knew about XRB a month ago, never mind two months ago - there's always going to be some shiny & new great white hope.

    There are a rake of coins or tokens that are currently undervalued and will remain so until their products release or roadmaps get realised.
    The number one enemy for traders old and new is their own patience.


  • Registered Users, Registered Users 2 Posts: 1,466 ✭✭✭Tinder Surprise


    Oh ok, get ya, and thanks again.

    To be honest, I am well into 'day trading' territory now and should step back a bit before I get badly bitten. A little over 2 weeks ago when I first got into this, day and swing trading was not my intention at all - I didn't even know what those things were. I wanted to research and pick 4-6 coins, diversify and HODL.

    Now though, I'm checking Binance first thing after waking up, then another 50+ times per day. I'm reading price charts. I'm watching 1-2 hours of Youtube content per day related to coins and analysis of them. I've suspended reading the Dark Tower series (which I was really enjoying) in favour of reading books like 'The Internet of Money' and 'Mastering Bitcoin'. I'm searching for new companies and their ICOs. It's all gotten a little intense, if only I put this much effort into mastering the instruments of my regular day job :pac:

    Am I desperately searching for the next moon coin? No, I'm not desperately searching. Looking at all those coins that have mooned, and their history before mooning - There was nothing smart or genius about HODLing a lot of them at certain points in their timeline. A lot of it is down to pure luck.

    Am I looking to earn a few extra quid per annum on top of my already decent income, and learn something new and prepare myself for the future in the process? Absolutely. I just need to calm down a bit, and remember why I came here in the first place - Diversify and HODL.




    Serious correction for Ripple today. I don't mind if it establishes a new support at around $1.80 to build from. However, it's dipping below that at the moment and might not be done yet.

    I did some swing trading when it was going up and back between $2.10 and $2.50. Decent profits for my small potatoes, but it meant that I was left with a bunch of XRP bought at $2.10 when it didn't swing back up one final time.

    This is for my HODL stash (c. 250) and I'm not too worried as 1) Overall with XRP I'm still up, and importantly 2) I think this will grow in the early new year.

    That said, Asteriods over Berlin, any of your posts I've read in this forum have assured me that you know your shít about crytpos. Very glad to hear your opinion there, even if it differs from my own.

    .......................................................

    As for anyone looking to get into XRP now, at around $1.80. I still think they will see a profit in the near future, however just be aware with what you're investing into - 'Buy the hype/rumour, sell the news' - This is a new term to me, but already I can understand its meaning.

    For the last week Ripple have been talked about heavily. Their CEO was on the US business shows hyping the company. There are rumours all over the place of XRP getting listed on Coinbase in early 2018. All of this had to have contributed to the price surge 24 hours ago. I'm not sure if we'll that surge again anytime soon (the next 2-3 days) as all of that promotion is bound to be factored into the current price already. We need some more hype!

    Christ I had to check I didn't write that post.
    Exact same boat and behaviour over the past couple of weeks. :)


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange



    To be honest, I am well into 'day trading' territory now and should step back a bit before I get badly bitten. A little over 2 weeks ago when I first got into this, day and swing trading was not my intention at all - I didn't even know what those things were. I wanted to research and pick 4-6 coins, diversify and HODL.

    Now though, I'm checking Binance first thing after waking up, then another 50+ times per day. I'm reading price charts. I'm watching 1-2 hours of Youtube content per day related to coins and analysis of them. I've suspended reading the Dark Tower series (which I was really enjoying) in favour of reading books like 'The Internet of Money' and 'Mastering Bitcoin'. I'm searching for new companies and their ICOs. It's all gotten a little intense, if only I put this much effort into mastering the instruments of my regular day job :pac:

    Stop reading my mind.


  • Registered Users Posts: 4 Shanec2k


    So has anybody any recommendations of platforms to deal in ripple then?


  • Registered Users, Registered Users 2 Posts: 6,536 ✭✭✭EagererBeaver


    Lads, read the thread ffs. Question comes up every couple of pages. Binance is probably the easiest.


  • Registered Users Posts: 4 Shanec2k


    I looked at it, I was looking for a range of alternative platforms. And to make a decision in the next couple of days.


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  • Registered Users, Registered Users 2 Posts: 1,275 ✭✭✭august12


    Lads, read the thread ffs. Question comes up every couple of pages. Binance is probably the easiest.


    Would agree, Binance is easy to navigate and I am just starting, set up account with coinbase, deposit money in, transfer money to Gdax - same login as coinbase, purchase eth and transfer out to binance, purchase ripple with eth,


  • Registered Users Posts: 1,038 ✭✭✭rapul


    Shanec2k wrote: »
    I looked at it, I was looking for a range of alternative platforms. And to make a decision in the next couple of days.

    To be fair if you did read the thread at all you would have got that!


  • Registered Users, Registered Users 2 Posts: 3,337 ✭✭✭Wombatman


    Tide might be turning again.


  • Registered Users, Registered Users 2 Posts: 1,466 ✭✭✭Tinder Surprise


    Anyone gonna bail if it goes north of $2.50


  • Registered Users, Registered Users 2 Posts: 10,796 ✭✭✭✭Pudsy33


    Anyone gonna bail if it goes north of $2.50

    I'll get 75% of my holdings out if we get that high, and leave the other 25% in the hope things get really silly in the new year.


  • Closed Accounts Posts: 1,115 ✭✭✭asteroids over berlin


    ZeroThreat wrote: »
    Exactly, I'd go so far as to say that we're near the point of the bubble bursting, I'd seriously suggest everyone on these forums cash in their investments and get their money out while they're still ahead.

    rubbish, it is the holidays, exact same thing has happened the last few years, go back and look at the stats. Next week the boys/gals are back from holidays and Btc will break 20k again, alts will rise during this but then there may be another round of jumping on BTC and a big alt sell off will occur and then they will jump back in.
    It is going to go huge next year, take advantage of next weeks dip to get in on alts. Of course, the greatest coin to be seen may not have been even created yet - so don't panic, there will always be more opportunities.
    Of course if you have fiat/tether sitting in your accounts, take advantage of the dips now


  • Closed Accounts Posts: 1,115 ✭✭✭asteroids over berlin


    of course, it is nearly next week now :) i keep thinking it is last week, my body clock is screwed over the holidays ha. I was expecting things to take off from Tuesday onwards but maybe it is already starting, although the new year is a huge occasion in asia so i'll stick with Tuesday


  • Registered Users, Registered Users 2 Posts: 1,466 ✭✭✭Tinder Surprise


    rubbish, it is the holidays, exact same ting has happened the last few years, go back and look at the stats. Next week the boys/gals are back from holidays and Btc will break 20k again, alts will rise during this but then there may be another round of jumping on BTC and a big alt sell off will occur and then they will jump back in.
    It is going to go huge next year, take advantage of next weeks dip to get in on alts. Of course, the greatest coin to be seen may not have been even created yet - so don't panic, there will always be more opportunities.
    Of course if you have fiat/tether sitting in your accounts, take advantage of the dips now

    I'm a new kid on the block and even I've been thinking that the alts are rallying so money can be made whilst BTC has a breather.
    If you're right (and past holiday windows back up your theory) then yea, I can also see BTC getting back on an upward trend when heads get back down working.

    Just wish I had enough funds to go straight in for the big boys/coins, but I will be patient and hopefully get a few horses running on the smaller coins, and hopefully over the medium term earn enough to start on coins next level up.


  • Registered Users Posts: 4 Shanec2k


    Thanks, can't begin until Tuesday, but trying to get my head around it.


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  • Registered Users, Registered Users 2 Posts: 7,779 ✭✭✭SureYWouldntYa


    Lads, read the thread ffs. Question comes up every couple of pages. Binance is probably the easiest.

    There really needs to be a FAQ and a beginners guide added to the forum, it's the same across every thread


  • Registered Users, Registered Users 2 Posts: 2,841 ✭✭✭crushproof


    Anyone gonna bail if it goes north of $2.50

    Yep I've got a sell order for my holdings. I'll be hoping for subsequent drop and cash back in with my profits.


  • Registered Users, Registered Users 2 Posts: 1,835 ✭✭✭keano25


    How do you sell using binance? As in get the money in your bank


  • Registered Users Posts: 160 ✭✭millhouse


    Someone saying North of $2.50 and they'll cash out .Hasn't been much movement for most of today and looks like it will be very lucky to hit $2 by end of today . Am I missing something on other exchanges . Seeing $1.98 on bitstamp


  • Closed Accounts Posts: 1,115 ✭✭✭asteroids over berlin


    keano25 wrote: »
    How do you sell using binance? As in get the money in your bank

    you can't, there is no FIAT option (yet or at least there wasn't the last time i checked - which was quite a whle ago but i believe nothing changed), you need to exchange to Bitcoin, eth,litecoin etc (depending on the exchange) and transfer it to another exchange, i use Kraken and coinbase (sometimes)


  • Registered Users Posts: 1,573 ✭✭✭WhiteMemento9


    .....................

    Am I desperately searching for the next moon coin? No, I'm not desperately searching. Looking at all those coins that have mooned, and their history before mooning - There was nothing smart or genius about HODLing a lot of them at certain points in their timeline. A lot of it is down to pure luck.

    Am I looking to earn a few extra quid per annum on top of my already decent income, and learn something new and prepare myself for the future in the process? Absolutely. I just need to calm down a bit, and remember why I came here in the first place - Diversify and HODL.

    ................................

    It is very easy to get carried away. The big thing I try to keep in mind is that literally a monkey mashing a keyboard to pick coins would be making huge profits in this market at the moment. You won't know how well you are trading until that sea of green that nearly always populates the market currently has a bit more fire in it on a regular basis. Still think that is a long way off though given the barriers to entry for your regular Joe atm. Still much more money to flood in yet :)


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  • Registered Users Posts: 912 ✭✭✭chakotha


    you can't, there is no FIAT option (yet or at least there wasn't the last time i checked - which was quite a whle ago but i believe nothing changed), you need to exchange to Bitcoin, eth,litecoin etc (depending on the exchange) and transfer it to another exchange, i use Kraken and coinbase (sometimes)

    Am I right that you would have to be careful timing this as XRP/BTC followed by BTC/USD is usually less that XRP/USD?


  • Registered Users, Registered Users 2 Posts: 6,536 ✭✭✭EagererBeaver


    It depends on the exchange you're on. If it doesn't have an XRP/USD market, you don't have any alternative.


  • Registered Users, Registered Users 2 Posts: 3,282 ✭✭✭Bandara


    millhouse wrote: »
    Someone saying North of $2.50 and they'll cash out .Hasn't been much movement for most of today and looks like it will be very lucky to hit $2 by end of today . Am I missing something on other exchanges . Seeing $1.98 on bitstamp

    agreed

    Imo your stone mad if you think its going back that high, unless a new aspect comes into play, Coinbase adoption etc etc

    I sold the last of mine (i'd held 20% back to see what happens) off yesterday at $2.09 and was lucky to get it.

    I've moved pretty much everything into BTC (LTC is focked - nice timing Charlie, Ether is in a state of uncertainty with Buterin going mental again, am expecting a rise on BTC up to the $15400 level, there is real bear resistance at that level so its a big test I grant you. But it would be a profit of $3k per coin since this mornings price.

    xrp market has slowed right down, its easy to jump back in if something happens, yes you will lose the first 10% of gains by reacting late, but if it does blow up again it's getting near the $3 mark and your going to get in at $2.25 so still very palatable gains without the exposure of a serious plummet in xrp hodl money which many of the signs are there.


  • Posts: 0 [Deleted User]


    Daraa wrote: »
    I personally think its a fake because Coinbase's\GDAX's Digital Asset Framework Section 1.1 clearly states that any new asset must be "Decentralised - The network is public, decentralized, and enables trustless consensus."

    https://www.gdax.com/static/digital-asset-framework-2017-11.pdf

    https://www.reddit.com/r/ethtrader/comments/7n185l/is_ripple_decentralized/

    But here is the reddit link where they attempt to verify the transaction

    https://www.reddit.com/r/CryptoCurrency/comments/7n6eg5/ripple_demo_on_coinbase_beta_site_video/drzenmu/

    and here is another reddit link where people who claim to be Firefox designers discuss how hard/easy this would be to fake.

    https://www.reddit.com/r/CryptoCurrency/comments/7n6eg5/ripple_demo_on_coinbase_beta_site_video/drzffoo/

    I haven't got a chance to look back into it since about 12 hours ago, but the word then was that if it was fake...it was a very good attempt. And that doesn't mean that makes it more likely not to be fake, just a lesson that in this industry people will go to insane lengths to temporarily bump a coin's price.

    After that video hit Reddit last night, XRP jumped about 20c. That could be a good day's return for anyone who might have doctored such a video.

    McAfee's pump and dumps, this more-than-likely fake XRP/Coinbase video - Cryptocurrency really is like the Wild West :pac:

    As for the whole Ripple/Coinbase decentralization issue - I will chase up the source, but I read somewhere that one of Ripple's main goals for 2018 was decentralization. Never mind what I read 'somewhere' though, according to their website they do have an active decentralization strategy...

    https://ripple.com/dev-blog/decentralization-strategy-update/

    https://ripple.com/insights/how-we-are-further-decentralizing-the-ripple-consensus-ledger-rcl-to-bolster-robustness-for-enterprise-use/

    Also, dencentralized or not, if Ripple cements its spot in the Top 3 coins, will Coinbase be able to ignore it? They'd be missing out on an absolute fortune in fees with such a volume of XRP being traded.
    Christ I had to check I didn't write that post.
    Exact same boat and behaviour over the past couple of weeks. :)
    Autochange wrote: »
    Stop reading my mind.

    So, do we have a problem? Are we the first members of Boards' own Cryptos Anonymous??

    Newbs who are going to lose their bollix if we're not careful, more like it :D

    Shanec2k wrote: »
    So has anybody any recommendations of platforms to deal in ripple then?

    The Coinbase to Binance method seems to be the most popular at the moment. It also gets you up and running pretty quickly. How to do that is outlined in this post...

    https://www.boards.ie/vbulletin/showpost.php?p=105621340&postcount=141

    Anyone gonna bail if it goes north of $2.50

    Ideally, no. I'm hoping this goes higher than $2.50-70 in early 2018 and plan on holding for that.

    I can't guarantee though that if I see the price start to ascend to those heights again and descend into such volatility, that I won't start swinging like Tarzan chasing Jane!

    I'm going to end up with nothing, aren't I? :o


  • Registered Users Posts: 29 sirdeclan


    Does anyone have any suggestions for an early investment in some of the lower value cryptos.

    Get in early and hope for the best at a low investment?..


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