Thread: RIP Bitcoin

Originally Posted by Ukan Kizmiaz

agree - but there didn't seem to be much of a premium drifting into the NEO price in anticipation of the drop - particularly compared to the daily/ hourly fluctuations due to the btc movements - this indicates that the market thinks the drops don't have value?

I'll take anything for free but doubtful they'll influence buy/sell decisions.

Ditto, in fact negative premium as NEO has dropped 15% in the past 48 hours, but the value is in distribution of 20m ONT to the top end with a few trickling down to keep the cattle mooing contentedly. Hardly worth cashing in any ONT, esp if it follows recent trends of one-way trading at launch of the first tranche, but as a long term hold when NEO does take off (as NEOphiles believe it will) then ONT may well go along for the ride to become worth trading.

Meanwhile, GAS keeps pumping, so a few satang here and there with a string of drops/forks/divis and exposures in the NEO pipeline should make it worthy of any shelved portfolio.

Originally Posted by Plan B

Ripple is signed up with over 100 banks, 2 Central banks and is the only blockchain company actually in real world production with more pilot programs maturing this year. The potential is massive. They are working on Codius, a smart contract platform, and are becoming more decentralised as new validators come online. They're also working with the Gates Foundation and Mojaloop to provide financial services to the unbanked in Africa.

but none of it uses the token - only using ripplenet technology

Originally Posted by baldrick

but none of it uses the token - only using ripplenet technology

how does that work? on a blockchain?

if it actually means XRP are used to pay for the transfers , then ripple has an upside

I'm not a big believer in TA, but this one makes sense...





Right now we're exiting the Unicorn Phase. Market will continue to downtrend until the Rainbow Phase kicks in (remember to sell at the top).

Originally Posted by Plan B

Used to be that way. Now in production cross-border Mexico to USA.
SBI a group of Japanese banks are voicing big support for XRP, they're even building an exchange. Regulation is the only hurdle left. FIs need SEC approval before committing. The plan is coming together nicely.



Ripple is way ahead of others in this space. IBM with hyperledger, Stellar with IBM are the closest competitors. SWIFT has almost taken itself out of the race and is focusing on faster local networks. Cross-border speed with low fees will give competitive advantage to any online business like Amazon, AirBnB that decide to implement it.

Interledger protocol is built into the system so the network can not only do any fiat to fiat conversion it can also do any crypto to fiat/crypto transfer. As long as a crypto network has plugins. Transfers in less than 4 seconds for a fraction of cent.

There may be more to it than that; the market is clearly unimpressed, and XRP is still at 25% of its ath which was nothing spectacular anyway when you consider at the time everything was heading for the moon and beyond.

To be fair the more you look at what's going on in the crypto world the less pricing reflects value and potential; fex I heard lots of good stuff about ADA as a long term hold from several 'experts', and invested some time to check not the coin but their form which turned out to be excellent on specific coins and markets over the previous couple of months from way before I entered the pit. Then went to the boards; positive on reddit and others, while coincheckup gives it #1 spot with the highest algo score, above DASH (2), BTC (3) and NEO (4) - yet it struggles to break 10 baht, while TRX (5) has soared 50% in the past couple of weeks to almost reach 1.5 baht!

yeah, dunno what all the ADA hype's about. Charles Hoskinson is either an A-1 snake oil salesman or he's on to something bigger than BTC and ETH combined. I rolled all my Cardano into ETC,...CH is involved in that project too. I'll be dumping the ETC before the airdrop. Not seeing anything beneath the hype of that coin either. I'll take the profits anyway though.

TRON up 25% overnight (bought a few for bugger all after the last fiasco with the announcement) - about to moon, BS hype coming up AGAIN or cash out??

^magic 8 ball sez...ask again later

Originally Posted by Ukan Kizmiaz

TRON up 25% overnight

Oh yeah baby, come to Lulu.


Edit:

2,500%+ in the last 90 days!


Hats off to the chaps n chappettes that got on that 3 months ago.

Originally Posted by jabir

There may be more to it than that; the market is clearly unimpressed, and XRP is still at 25% of its ath which was nothing spectacular anyway when you consider at the time everything was heading for the moon and beyond.

To be fair the more you look at what's going on in the crypto world the less pricing reflects value and potential; fex I heard lots of good stuff about ADA as a long term hold from several 'experts', and invested some time to check not the coin but their form which turned out to be excellent on specific coins and markets over the previous couple of months from way before I entered the pit. Then went to the boards; positive on reddit and others, while coincheckup gives it #1 spot with the highest algo score, above DASH (2), BTC (3) and NEO (4) - yet it struggles to break 10 baht, while TRX (5) has soared 50% in the past couple of weeks to almost reach 1.5 baht!

Totally agree. An article I read yesterday highlighted that the market is running on Technical Analysis rather than Fundamental Analysis. Kiddies on YouTube are drawing mystical lines on charts to predict random events, meanwhile institutional money sits on the sidelines checking on the fundamentals but unable to enter until the SEC gives approval, or maybe not wanting to enter until the market grows up out of its rebellious teenage crypto-anarchist phase. Then you have the majority of fiat pairings through ancient BTC technology slowing the whole thing down.

There's a running joke in the XRP forums that with every piece of good news the price goes down and if they continue announcing partners at the rate they're going recently the price will soon drop back to 0.20.

Originally Posted by Plan B

*Yawn*

Who put the brakes on the rollercoaster?

It is a bit like that. The last week+ has all just been kinda meh.

Even my stocks are more exciting to watch at this point.

Where are the heart-palpitation-inducing swings I was promised damnit??

How did XRP go to 115 baht then go down to 30 baht? I bought at 5 baht. That's a huge increase, then decrease. Will it go back to 115 or above do you think?

^

I've seen predictions ranging from $0.40 to $10 by the end of the year.
And the mysterious Twitter Oracle that posts riddles has predicted a strangely specific $589.

If there's one thing I can absolutely be sure of it's that if XRP hits $589 I'm gonna throw a party on Tezza's balcony for everybody in this thread. And by that I mean I'm gonna find out where Tezza lives, buy his entire building, kick him out, remove the balcony, install it on my private yacht, and fill it with gold label nurses.

Originally Posted by AntRobertson

It is a bit like that. The last week+ has all just been kinda meh.

Even my stocks are more exciting to watch at this point.

Where are the heart-palpitation-inducing swings I was promised damnit??

Mind, on the bright side, it’s still all making Smeg so inexplicably very, very angry:

Originally Posted by Smeg

Poor tony seems 'disillusioned' again, this time because he might be one of the final greedy gambling sheeple to have jumped on the shitcoin bandwagon, as the turbulence caused by earlier adopters than him dies away.

I'm sure they'd all wish to thank him for taking electrons off their hands which they bought for a tiny fraction of the price he paid. Seems that the bigger fool theory is spot on, and he might well be the biggest.

He will now get even more angry on the thread he started to report on his 24/7 monitoring of me that I’ve mentioned it here.

Anger dulls the irony senses apparently.

^^ I'll be there if you install a landing pad for my gold-plated helicopter

I ditched me OMG and have ETH, XRP and ZCoin left but those have all been pretty much stale.

Keep meaning to look at others but haven't gotten around to it yet.

LTC's been a good ride.


Pretty much impossible to call which one or which ones are gonna Lambo over the next year or 3.

At least for me.

Which is why I whitewashed on about 15 of them. I know that if I went balls in on 3, it would be another 2 that would put Earl's Bitcoin predictions to shame and I'd be left holding barely enough to buy a Mars bar.

Originally Posted by AntRobertson

I ditched me OMG and have ETH, XRP and ZCoin left but those have all been pretty much stale.

Keep meaning to look at others but haven't gotten around to it yet.

I sold my OMG too, which I bought for 20 baht.

Bought a lot of Zcoin with it, which gives a nice dividend every two weeks

Originally Posted by Luigi

to buy a Mars bar.

I guess this is the one you have your eye on

https://www.facebook.com/themarsbaradelaide/

Originally Posted by Plan B

^

I've seen predictions ranging from $0.40 to $10 by the end of the year.
And the mysterious Twitter Oracle that posts riddles has predicted a strangely specific $589.

If there's one thing I can absolutely be sure of it's that if XRP hits $589 I'm gonna throw a party on Tezza's balcony for everybody in this thread. And by that I mean I'm gonna find out where Tezza lives, buy his entire building, kick him out, remove the balcony, install it on my private yacht, and fill it with gold label nurses.

$5 will do, that profit will buy my new Mazda CX3.

Anyone playing in the crypto cesspool should read this

Beginner's Guide to Cryptocurrencies

Here's Aussie Suzy.
She does a much better job than I could making the point about regulation and institutional money coming into the market and the effects it will have.
She also lays down some smack on IOTA & NEO along the way. I like her very direct style.