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Topic: Ripple: XRP Price Tracker - page 4. (Read 20002 times)

legendary
Activity: 1064
Merit: 1001
March 02, 2013, 03:28:18 PM
#9
...so please get your facts straight...

Regardless of the details, the one fact is that your offer is consistently worse than the Ripple order book.

Anyone who wants to sell XRP would get more Bitcoins by going through the Ripple than through you.
legendary
Activity: 1064
Merit: 1001
March 02, 2013, 03:14:05 PM
#8
Whoops, I copied the wrong side of the order book
legendary
Activity: 1064
Merit: 1001
March 02, 2013, 03:06:24 PM
#7
arvicco it's buying a lot of xrp, right now is offering 1 btc for 60000 xrp.

Right now you can get 1 BTC for only 41,500 XRP so Arvicco's is paying 33% below market. Or, to put it in other terms, anyone who wants to sell their XRPs would be much better off just doing so through the Ripple client.
hero member
Activity: 768
Merit: 1000
March 02, 2013, 03:00:15 PM
#6
Thanks mrbigg...

arvicco it's buying a lot of xrp, right now is offering 1 btc for 60000 xrp.

but still it's giving almost 1 btc, for all the giveaway, i think xrp will be more expensive later.

So, i want to see how this goes.

Cheerz
legendary
Activity: 1064
Merit: 1001
March 02, 2013, 02:18:25 PM
#5
If you want to keep the updated price, please do it properly.

I add a new entry once per day. This morning it was at where it was. I don't update it every second.
legendary
Activity: 1064
Merit: 1001
March 02, 2013, 10:14:34 AM
#4
No need to trouble yourself. Anyone interested in historic trades inside Ripple system should subscribe to #ripple-market IRC channel - all the trades are translated there. As well as changes in bid/ask and so on.

There's no historical graph. Anyway, seems that the price of XRP has gone up! I updated the list.
legendary
Activity: 1064
Merit: 1001
March 01, 2013, 05:03:31 PM
#3
You know what, internal Ripple trading is even better than that! Currently bitstamps BTC/XRP even shows negative spread, so you can make gazillions of whatever buying at ask, and selling at bid! Highly recommended.

LOL. Well since there is no historical information I'm just tracking the price in a very rough way so we can see it's evolution.
legendary
Activity: 1632
Merit: 1010
March 01, 2013, 05:00:23 PM
#2


3/1/2013: 71,000



see Ar... thats a much different number than the false number you gave me earlier.
legendary
Activity: 1064
Merit: 1001
March 01, 2013, 04:31:02 PM
#1
I will track the price in XRPs of one Bitcoin in this thread. If the XRP price goes up it means that XRPs are becoming cheap, while descending values indicate that XRPs are becoming more expensive. For now the price is quoted based on the most liquid gateway (currently Bitstamp). If there is a website that graphs this data automatically please let me know!

Ripple market cap: $78,000,000 (@ $47/BTC)

3/15/2013: 60,000
..
3/13/2013: 58,000
...
3/11/2013: 51,000
...
3/8/2013: 43,000
3/7/2013: 40,500
3/6/2013: 39,500
3/5/2013: 45,000
3/4/2013: 17,350
3/3/2013: 27,500
3/2/2013: 41,388
3/1/2013: 71,000
2/28/2013: 65,000

The Ripple market cap is calculated by dividing the total amount of XRPs in existence (100 billion), dividing by the snapshot average of bid and ask, and multiplying by the price of BTC at the time.

The methodology for determining the day's price is calculated by taking the average of the bid and ask at one moment in time. That there will likely be little to no actual volume available at that price due to the illiquidity of XRPs and the size of the order book.
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