Great Signs Today for Bitcorn | Bitcointalksearch.org

CyberKuro

hero member

Activity: 798

Merit: 506

Quote from: Enjel on January 07, 2018, 09:43:07 AM

The price of Bitcorn dropped from mid-17000s to mid-16000s recently, but *the volume was decreasing during the price decrease*.

This price-volume factor suggests that a trend reversal may be coming - Bitcorn may be going up.

At the same time, notice that XRP has had a couple of waves up.

The most recent one has shown a price increase with volume decrease, which is also anti-trend, possibly suggesting a reversal.

You said;
Bitcoin > price and volume decrease = the price will rise
xrp > price increase but volume decrease = the price will fall

I don't know how it works about price and volume, never pay attention to the volume before.
XRP price increase in the early of the year such as in 2017 due to banks use xrp to move their funds, but it will come to the end after few months, maybe in April or May.
But bitcoin may fluctuate at the current range for a while such as in the last few weeks, bitcoin has some minor rises and decline, it will increase if scale development implemented or the acceptance of bitcoin increases.

richardsNY

legendary

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Merit: 1091

Quote from: cybersofts on January 07, 2018, 04:43:02 PM

Sometimes, I used to look the Ripple just like bitconnect. Perhaps, the bitconnect is even better because people get their money back plus their interest when pulling out. So, what people gets when they buy XRP? There are just sitting duck just waiting for the value to grow, and if something wrong happens they'll just lose their investment.

BitConnect is an obvious ponzi, which can't be said about Ripple directly. BitConnect has an entire platform connected to it, where people get paid out certain daily interest rates that are by far not sustainable in the long term. It's just a matter of time before BitConnect goes down with huge loads of user funds that people can say goodbye to. Once that happens, people will start complaining about how such things can happen, and that the crypto market is literally infested with these scams, but the only person that you can blame for investing in obvious ponzis is yourself....

BitMaxz

legendary

Activity: 3374

Merit: 3095

Playbet.io - Crypto Casino and Sportsbook

I don't see any sign yet and how you analyze the market movement of bitcoin? I saw some issue just today that i think one of the reason why the price is drop if you know about the electrum issue maybe the other bitcoin holders sold or exchange their bitcoin to other altcoin just to make sure their investment is safe or they sold their bitcoin.
there are merchant website are using rpc in electrum and i think they also affected if its a big business they will choose to sold or exchange their bitcoin to other altcoin that i think the reason we are seen the price was drop today.. this is just my own reason why the price was drop..
And maybe there are other reason why the price was drop but the price is unpredictable everything can be possible in bitcoin.. .

eaLiTy

hero member

Activity: 2814

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Have Fun )@@( Stay Safe

Quote from: Enjel on January 07, 2018, 09:43:07 AM

As much as I would love to see XRP fail, and Bitcorn rise up again in the next wave, I have to be realistic - I don't know. We will just have to pray and see what happens, and hope that #XRPtheStandardTrashCoin pops like an overgrown pimple.

Anything could happen with the price of bitoin,it is really volatile and so is the reason you are seeing these sort of fluctuation in short period of time ,why would you want to see another coin fail,if it gives a alternative solution what is wrong with it,i am personally not a fan of alt coins but there is nothing wrong in making profit with the right investment in the right project.

cybersofts

copper member

Activity: 658

Merit: 284

Sometimes, I used to look the Ripple just like bitconnect. Perhaps, the bitconnect is even better because people get their money back plus their interest when pulling out. So, what people gets when they buy XRP? There are just sitting duck just waiting for the value to grow, and if something wrong happens they'll just lose their investment.

pitiflin

hero member

Activity: 980

Merit: 507

Xrp and bitcoin are totally different in all aspects, except for the part that they are crypto currencies. Ripple is teaming up with every bank they are coming in contact with and seizing various opportunities. Bitcoin is only handled by its users. See the difference, bitcoin is better here. If Ripple has no team to contact with banks it'll fall. Ripple is gaining popularity and demand due to various dealings that it is getting done with companies. I do not believe xrp is a shit coin because one I have invested a majority of my portion on it Tongue

and since it's the only centralized currency, people who don't like bitcoin but like the idea of cryptos, seek after Ripple. But I'm not amongst them, I just believe that Ripple has far down the way to go. Bitcoin will rise soon though, if you're too worried about it.

1Referee

legendary

Activity: 2170

Merit: 1427

XRP is nothing more than a temporary hype driven coin. Last year when it reached an all time high and surpassed Bitcoin's market cap, people were talking about how it would affect Bitcoin and whatnot, but as soon as the XRP balloon popped, people quickly dropped that coin and focused on something else. People here are as volatile as the market with their nonfunctional mindsets. What happens if the far majority of the total coin supply is sitting in offline storage, and just a few percent available on-exchange to be bought? Right, the price will basically have no short term limits, and that's exactly what happened to XRP. XRP won't fail, but just deflate, basically like all other altcoins in the long run in terms of their Bitcoin ratio.

sjefdeklerk

jr. member

Activity: 154

Merit: 8

SODL

I love bitcorn too. Especially when you put it on the bbq and add a little butter, it's delicious!

Enjel

member

Activity: 70

Merit: 21

The price of Bitcorn dropped from mid-17000s to mid-16000s recently, but *the volume was decreasing during the price decrease*.

This price-volume factor suggests that a trend reversal may be coming - Bitcorn may be going up.

At the same time, notice that XRP has had a couple of waves up.

The most recent one has shown a price increase with volume decrease, which is also anti-trend, possibly suggesting a reversal.

As much as I would love to see XRP fail, and Bitcorn rise up again in the next wave, I have to be realistic - I don't know. We will just have to pray and see what happens, and hope that #XRPtheStandardTrashCoin pops like an overgrown pimple.

Anyways, what do you think?

Topic: Great Signs Today for Bitcorn (Read 179 times)