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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27650. (Read 26711653 times)

hero member
Activity: 798
Merit: 1000
Wow, can hardly believe the ripple news, why do people still think centralized and heavily owned currencies are the way forward?

Ripple is something new. It offers unique features and in comblination with bitcoin can be a really powerfull currency system. It's a really advanced platform and could have a great future.

I don't like systems based in centralisation as well but ripple takes it much further than most "centralized and heavily owned currencies" as you mention do.

How can something have a great future when its majority owned by so few people. Look at the drop in price this has caused and he hasn't even started selling yet. I'm failing to see what unique features over ride that glaring negative point.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Wow, can hardly believe the ripple news, why do people still think centralized and heavily owned currencies are the way forward?

Because they're stupid. But luckily the market punishes stupidity accordingly, it's the perfect form of justice. Cheesy

Well the guy who made it has made a fortune buying btc with it, so he basically pre-mined a centralised alt-coin and is running to the bank.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Wow, can hardly believe the ripple news, why do people still think centralized and heavily owned currencies are the way forward?

Ripple is something new. It offers unique features and in comblination with bitcoin can be a really powerfull currency system. It's a really advanced platform and could have a great future.

I don't like systems based in centralisation as well but ripple takes it much further than most "centralized and heavily owned currencies" as you mention do.
legendary
Activity: 1260
Merit: 1008
And what does MRO provide that Darkcoin does not?

You really should read the thread.  This isn't the place.  https://bitcointalksearch.org/topic/xmr-monero-a-secure-private-untraceable-cryptocurrency-583449  also monero.cc

In a word:  privacy.  I would not trust my life or wealth to the privacy of DRK.  I plan to do so with MRO, gradually.  If a better choice arises, I will switch horses.  I just don't think that's likely at this point.



It's still in dev phase but what do you think of zerocash?

https://bitcointalksearch.org/topic/zerocash-paper-released-615514
legendary
Activity: 1246
Merit: 1000
Wow, can hardly believe the ripple news, why do people still think centralized and heavily owned currencies are the way forward?

Because they're stupid. But luckily the market punishes stupidity accordingly, it's the perfect form of justice. Cheesy
hero member
Activity: 798
Merit: 1000
did everyone pop there pop corn?

get that popcorn ready!

Yes, awaiting $530+ with bated breath.
hero member
Activity: 798
Merit: 1000
Wow, can hardly believe the ripple news, why do people still think centralized and heavily owned currencies are the way forward?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
did everyone pop there pop corn?

get that popcorn ready!
hero member
Activity: 924
Merit: 1000
China bans just on June 31th.



Except there are only 30 days in June...
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
And what does MRO provide that Darkcoin does not?

You really should read the thread.  This isn't the place.  https://bitcointalksearch.org/topic/xmr-monero-a-secure-private-untraceable-cryptocurrency-583449  also monero.cc

In a word:  privacy.  I would not trust my life or wealth to the privacy of DRK.  I plan to do so with MRO, gradually.  If a better choice arises, I will switch horses.  I just don't think that's likely at this point.

hero member
Activity: 518
Merit: 500
http://coinmarketcap.com/

Ripple surpassed by Dogecoin  Shocked Shocked Shocked
You need to select market cap by total supply.

Hm but did it lose 38% the last 24 hours? What's going on?

Founder is leaving and dumping 9 billion coins.

satoshi could do the same thing with btc one day.

Satoshi surprisingly has not moved the majority of his coins.  From reading his posts from when he was on here (and the p2p site he originally posted to), he seems to care about the community (especially when he cleared dorien).

He probably would not kill his own creation.  If anything, he might use the coins to help any furture issues (or future bitcoin related endeavors)
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
Why is MRO only on 1 exchange? Is that on  purpose (like Mastercoin) or do they have inadequate leadership. Its not hard to get listed on multiple exchanges.

A direct question I cannot resist.

Three reasons:  

(1) It is new.  Listed this week.  Everything in the universe takes non-zero time.

(2) Like NXT which also took a long time to get listings MRO uses a different tech, different code-base.  It is much more work to add.  Now that the volume is significant, there is an actual motivation to add it.  

(3)  Software is less mature as well, which means inconvient bugs and work-arounds prevail until stability is on par with much more mature coins.

There are actually 3 exchanges, but the others are much more marginal than poloniex.com, which to my taste is already far too marginal.  I am conservative that way, because of the history of BTC exchanges.  But to their credit they have been handling it extremely well, at least for MRO.


legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
looks like some poeple think we won't get through the wall.  Cheesy  Cheesy  Cheesy
legendary
Activity: 2156
Merit: 1070
http://coinmarketcap.com/

Ripple surpassed by Dogecoin  Shocked Shocked Shocked
You need to select market cap by total supply.

Hm but did it lose 38% the last 24 hours? What's going on?

Founder is leaving and dumping 9 billion coins.

satoshi could do the same thing with btc one day.

Yep.. And you could get eaten by a shark next Tuesday.

Just sayin...
hero member
Activity: 601
Merit: 503
http://coinmarketcap.com/

Ripple surpassed by Dogecoin  Shocked Shocked Shocked
You need to select market cap by total supply.

Hm but did it lose 38% the last 24 hours? What's going on?

Founder is leaving and dumping 9 billion coins.

satoshi could do the same thing with btc one day.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2156
Merit: 1070
http://coinmarketcap.com/

Ripple surpassed by Dogecoin  Shocked Shocked Shocked
You need to select market cap by total supply.

Hm but did it lose 38% the last 24 hours? What's going on?

Founder is leaving and dumping 9 billion coins.
hero member
Activity: 546
Merit: 500
hm
http://coinmarketcap.com/

Ripple surpassed by Dogecoin  Shocked Shocked Shocked
You need to select market cap by total supply.

Hm but did it lose 38% the last 24 hours? What's going on?
Edit: Ok, nevermind...

So 5500 coins to 600$ on Stamp. Let's see...
legendary
Activity: 2156
Merit: 1070
In other words, the current exchange rate implies  that 520/1.52 = 342 Bitcoin is only 342 times more valuable than MRO right now. This multiple seems way too low for me (>1:10,000 seems more correct) so at least relative to Bitcoin MRO is vastly overpriced in my opinion.

I would be breaking my promise if I were to say more than that while this is reasonable if you accept the precedent of the implied discounting curve derived from bitcoin's historical price series, I have two counter-arguments, (1) that the bitcoin discounting curve was extreme because crypto itself was much less well-proven as a concept and technology -- the threats which btc defeated are unlikely to arise again, and (2) that the bitcoin discounting curve was very long because adoption ground had not been broken, while the mro adoption phase, if it manifests at all, will almost certainly be much, much shorter.  Therefore, I will have to defer any calculations based on re-parameterizing the discount curve to the MRO thread, where it belongs.
 

Why is MRO only on 1 exchange? Is that on  purpose (like Mastercoin) or do they have inadequate leadership. Its not hard to get listed on multiple exchanges.

Afaik 3. cryptonote, swaphole and poloniex.

Still does not address my question. Why are they not on any of the larger exchanges?

And what does MRO provide that Darkcoin does not?
legendary
Activity: 1470
Merit: 1007
http://coinmarketcap.com/

Ripple surpassed by Dogecoin  Shocked Shocked Shocked
You need to select market cap by total supply.

And then sort by trading volume.

Until today, I always had a good chuckle when Ripple went from 2nd spot to 'off the screen' after that Cheesy
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