The 2nd RISE is on the way for both Ripple & Ethereum

McWorse

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Quote from: Red-Apple on March 26, 2017, 10:29:51 AM

Quote from: McWorse on March 26, 2017, 09:00:24 AM

But I believe, that there is a lot of fresh money in the market.
I think, the time has come for more "mainstream" in the crypto market.

it is called bitcoin market not crypto market.

the fresh money comes in only to bitcoin, because it has been around for the longest and it is the most trusted thing around. outside of bitcointalk (or generally crypto circles) you will never hear anything about "altcoins" if you say the word altcoin to someone they don't know that the hell you are talking about but if you tell them "bitcoin" they have at least heard the name before.

and all the investment part of it aside, there is only real world usage for bitcoin. you can see it actually be used as a coin or currency. and you can never say the same for any of the altcoins except some random small shop on the dark corners of the internet accepting a random altcoin that nobody ever used.

You are describing the status quo. Not even the trend.
And what the future will bring - we'll see...
Wink

Red-Apple

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Quote from: McWorse on March 26, 2017, 09:00:24 AM

But I believe, that there is a lot of fresh money in the market.
I think, the time has come for more "mainstream" in the crypto market.

it is called bitcoin market not crypto market.

the fresh money comes in only to bitcoin, because it has been around for the longest and it is the most trusted thing around. outside of bitcointalk (or generally crypto circles) you will never hear anything about "altcoins" if you say the word altcoin to someone they don't know that the hell you are talking about but if you tell them "bitcoin" they have at least heard the name before.

and all the investment part of it aside, there is only real world usage for bitcoin. you can see it actually be used as a coin or currency. and you can never say the same for any of the altcoins except some random small shop on the dark corners of the internet accepting a random altcoin that nobody ever used.

McWorse

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Activity: 618

Merit: 292

But I believe, that there is a lot of fresh money in the market. Look at me:
Never bought a single coin before or traded with them.
Since 8th of march this year.
By chance I heard from ether a couple of days before.
And I bought some for long term.
Now I am on an exchange. Put some other money in there an started trading a bit.
I think, the time has come for more "mainstream" in the crypto market.
And new player pouring money in.

BitcoinHodler

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HODLing is an art, not just a word...

nope, it is a very risky move at this point.

it is all about the price. and not price of ether but price of bitcoin. when you base all your ether price rises on bitcoin going down and pump the coin with the moto that bitcoin is going down so we go up, you should expect a massive dump when bitcoin movement is reversed and it goes up again.

and right now exactly this is happening. if BTC price passes $1000 and goes back to $1100+ then you should expect a very massive scale dump in ethereum but whales will possibly put up walls to prevent a big crash so you got that going for you.

shyliar

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Activity: 728

Merit: 500

Quote from: miscreanity on March 25, 2017, 02:20:39 PM

Quote from: shyliar on March 25, 2017, 01:57:10 PM

Ripple tokens available on the market as of December 25th 2016 = 36,003,596,482

Proof:

http://coinmarketcap.com/historical/20161225/

Ripple tokens available on the marker as of today = 37,388,960,792

Proof:

http://coinmarketcap.com/

That's 1,385,364,310 or almost 1.4 billion more tokens. Likely at current rate of release another 1.4 billion tokens will be released by July. Somebody is making money releasing these large quantities to the gullible.

The goal appears to be keeping the price below USD $0.01 as the long-term charts have predominantly ranged between 0.005-0.01. Introducing supply keeps the USD peg alive, but the total units in existence are 100 billion with a large number held by the Ripple team and affiliates. Presumably, they are the ones introducing new supply in the markets.

There will come a point when the peg can no longer hold. That is not now, but soon.

Well at todays price that represents a little over $13,200,000 US for the 1.4 billion tokens. Or if they continue to be released at the same rate approximately $52,800,000 US for 2017. Not bad for something created virtually out of thin air. I wonder how deep the pockets of the gullible are. The efforts being put into pumping the token suggests a large release of tokens is imminent. The ripple team is really going to enjoy their summer.

miscreanity

legendary

Activity: 1316

Merit: 1005

Quote from: shyliar on March 25, 2017, 01:57:10 PM

Ripple tokens available on the market as of December 25th 2016 = 36,003,596,482

Proof:

http://coinmarketcap.com/historical/20161225/

Ripple tokens available on the marker as of today = 37,388,960,792

Proof:

http://coinmarketcap.com/

That's 1,385,364,310 or almost 1.4 billion more tokens. Likely at current rate of release another 1.4 billion tokens will be released by July. Somebody is making money releasing these large quantities to the gullible.

The goal appears to be keeping the price below USD $0.01 as the long-term charts have predominantly ranged between 0.005-0.01. Introducing supply keeps the USD peg alive, but the total units in existence are 100 billion with a large number held by the Ripple team and affiliates. Presumably, they are the ones introducing new supply in the markets.

There will come a point when the peg can no longer hold. That is not now, but soon.

shyliar

hero member

Activity: 728

Merit: 500

Ripple tokens available on the market as of December 25th 2016 = 36,003,596,482

Proof:

http://coinmarketcap.com/historical/20161225/

Ripple tokens available on the marker as of today = 37,388,960,792

Proof:

http://coinmarketcap.com/

That's 1,385,364,310 or almost 1.4 billion more tokens. Likely at current rate of release another 1.4 billion tokens will be released by July. Somebody is making money releasing these large quantities to the gullible.

Jumanji7

sr. member

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Merit: 250