Author

Topic: Time to transfer Ripple to BTC? (Read 866 times)

legendary
Activity: 3038
Merit: 1032
RIP Mommy
hero member
Activity: 1022
Merit: 500
December 16, 2014, 06:15:04 PM
#4
I still have my Ripple from the original forum post where they gave away 40k to everyone. Right now that's about $850 or 2.5 BTC.

I want to trade them for BTC, but would quite like to pick the top of the market. Ripple seems to be booming right now. No idea why. It's really spiking.

At the same time, BTC is really getting hammered.

Any thoughts?

If you are not sure buy 1 or 1.5BTC and keep the rest in case it appreciates in BTC terms.
legendary
Activity: 2618
Merit: 1007
December 16, 2014, 05:12:58 PM
#3
If you want BTC, get BTC - if you think that your XRP are going to be worth even more in the future, stick to them...

Markets are hard to predict and you might regret this chance in the future - also you might regret doing the trade too. I hope you have a backup of your wallet by the way, afaik. they closed the old client for good now and potentially removed the encrypted keystore associated with that.
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
December 16, 2014, 02:24:31 PM
#2
Right now is a greattttttttttt time to buy BTC with your XRP.  In May it was 200,000xrp/1btc.  However, it would be smart to not fight the trends.  XRP has been up and BTC has been down. 

Ripple Labs pretty much gave you 3 btc's, they must not be so bad after all?
sr. member
Activity: 432
Merit: 500
December 16, 2014, 02:19:21 PM
#1
I still have my Ripple from the original forum post where they gave away 40k to everyone. Right now that's about $850 or 2.5 BTC.

I want to trade them for BTC, but would quite like to pick the top of the market. Ripple seems to be booming right now. No idea why. It's really spiking.

At the same time, BTC is really getting hammered.

Any thoughts?
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