Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17233. (Read 26607959 times)
May 16, 2017, 02:29:17 AM
altcoins are waaaayyyy too expensive
May 16, 2017, 02:27:51 AM
I can feel the hatred of XRP among the bitcoin zealots here. One day they will learn, that a fixed supply currency that's value is based on artificial scarcity, won't have a very successful future 
Maybe you are right. How's doing your MLN? Isn't it's value also based on artificial scarcity? What would you suggest as something with a very sucessful future?
May 16, 2017, 02:24:13 AM
I can feel the hatred of XRP among the bitcoin zealots here. One day they will learn, that a fixed supply currency that's value is based on artificial scarcity, won't have a very successful future
Nor will a banker's currency attempting to imitate a cryptocurrency despite the centralised supply and existence of pegged tokens. I'm no "Bitcoin zealot", but XRP is irrelevant to how Bitcoin does. It's not a cryptocurrency and even its market cap is nowhere close to Bitcoin. 
May 16, 2017, 02:00:00 AM
I can feel the hatred of XRP among the bitcoin zealots here. One day they will learn, that a fixed supply currency that's value is based on artificial scarcity, won't have a very successful future
May 16, 2017, 01:45:58 AM
too many differences in every exchange book right now. 
Good for arbitrage, of course
Good for arbitrage, of course
May 16, 2017, 01:38:11 AM
coinmarketcap shows a different number, bitcoin first close to 28B and Ripple second with 11.5B
Yah.. He is using the total supply of xrp... Ofc he is trolling and trying to get raise some red flash
http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/
Actually right now Ripple shows in 1st place and Bitcoin 2nd.
# Name Market Cap Price Total Supply Volume (24h) % Change (24h) Price Graph (7d)
1 Ripple Ripple $31,271,273,545 $0.312729 99,994,799,156 XRP * $298,033,000 34.40%
2 Bitcoin Bitcoin $27,714,801,664 $1696.88 16,332,800 BTC $804,322,000 -5.29%
let me just put some emphasis on what you just wrote here.
Ripple Total Supply = 99,994,799,156 XRP (~100 billion)
bitcoin Total Supply = 21,000,000 btc (21 million)
Ripple circulating Supply = 38,305,873,865 XRP
bitcoin Total Supply = 16,332,937 btc
nice stats when you look at it this way, isn't it.
The reason that guy's Twitter isn't insanely popular is because he's lying. If the Ripple organisation dumped all that XRP, the market cap would be next to 0. The only thing that matters to the market cap is the circulating supply (not that the market cap itself matters anyway).
May 16, 2017, 01:22:02 AM
In the meantime, ripple bubbling to more than 1/3 of BTC marketcap in no time. Do you think it´s ripe to short the hell of or will continue pumping?
My suggestion is to never short banker(-backed) coins. Let it pump, let it dump - who cares. If crypto people wanted centralized solutions they'd own bank stocks.
"crypto people" were once like this, but now they all want profit.
so when they see a pump they join in, the pump gets bigger, then more join in and the pump gets bigger, the experienced ones get out with lots of profit and others get dumped on and stop being "crypto people" at least for a while until they realize their mistakes.
May 16, 2017, 01:13:48 AM
In the meantime, ripple bubbling to more than 1/3 of BTC marketcap in no time. Do you think it´s ripe to short the hell of or will continue pumping?
My suggestion is to never short banker(-backed) coins. Let it pump, let it dump - who cares. If crypto people wanted centralized solutions they'd own bank stocks.
May 16, 2017, 12:12:45 AM
Since we hit a support line at around 1650, we might stay here for a couple of days.
Any thoughts on, if we continue all the way down to 1200 or bounce back to 1800 first?
By the way, the panic was amusing, but it is clear as day we are looking at market consolidation, not start of a bear market.
Any thoughts on, if we continue all the way down to 1200 or bounce back to 1800 first?
By the way, the panic was amusing, but it is clear as day we are looking at market consolidation, not start of a bear market.
May 15, 2017, 11:51:34 PM
coinmarketcap shows a different number, bitcoin first close to 28B and Ripple second with 11.5B
Yah.. He is using the total supply of xrp... Ofc he is trolling and trying to get raise some red flash
http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/
Actually right now Ripple shows in 1st place and Bitcoin 2nd.
# Name Market Cap Price Total Supply Volume (24h) % Change (24h) Price Graph (7d)
1 Ripple Ripple $31,271,273,545 $0.312729 99,994,799,156 XRP * $298,033,000 34.40%
2 Bitcoin Bitcoin $27,714,801,664 $1696.88 16,332,800 BTC $804,322,000 -5.29%
let me just put some emphasis on what you just wrote here.
Ripple Total Supply = 99,994,799,156 XRP (~100 billion)
bitcoin Total Supply = 21,000,000 btc (21 million)
Ripple circulating Supply = 38,305,873,865 XRP
bitcoin Total Supply = 16,332,937 btc
nice stats when you look at it this way, isn't it.
May 15, 2017, 11:30:48 PM
If you didn't quote it I didn't see it. There's an ignore button there for a reason.
May 15, 2017, 11:29:35 PM
It's just the alt coin shuffle. Litecoin is getting kicked out of bed to make room. There doesn't seem to be any logic to it.
But roach said that anyone that buys the LTC double low would have more profit than anything
I remember that
May 15, 2017, 11:22:31 PM
It's just the alt coin shuffle. Litecoin is getting kicked out of bed to make room. There doesn't seem to be any logic to it.
But roach said that anyone that buys the LTC double low would have more profit than anything
May 15, 2017, 10:55:48 PM
It's just the alt coin shuffle. Litecoin is getting kicked out of bed to make room. There doesn't seem to be any logic to it.
Now that XRP is popping it looks like LTC and BTC can continue its road.
May 15, 2017, 10:39:16 PM
It's just the alt coin shuffle. Litecoin is getting kicked out of bed to make room. There doesn't seem to be any logic to it.
May 15, 2017, 10:25:18 PM
Ripple I read in a mainstream article described as superior to all other standards as it can encompass them all, so would outlast all of crypto. Ive no idea if thats correct, I had thought it was centralised and so more vulnerable to corruption.
This morning based on last night I changed my view on bitcoin from bullish short term trend to challenged and its been back and forth today. Staying within declining highs but also above 1670 in dollars for now, not sure if CNY is more significant but $ is easier to relate to for me. Its currently reacting to those lows. No idea of the real motivation, news or momentum to it
This morning based on last night I changed my view on bitcoin from bullish short term trend to challenged and its been back and forth today. Staying within declining highs but also above 1670 in dollars for now, not sure if CNY is more significant but $ is easier to relate to for me. Its currently reacting to those lows. No idea of the real motivation, news or momentum to it
May 15, 2017, 10:17:31 PM
coinmarketcap shows a different number, bitcoin first close to 28B and Ripple second with 11.5B
Yah.. He is using the total supply of xrp... Ofc he is trolling and trying to get raise some red flash
http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/
Actually right now Ripple shows in 1st place and Bitcoin 2nd.
# Name Market Cap Price Total Supply Volume (24h) % Change (24h) Price Graph (7d)
1 Ripple Ripple $31,271,273,545 $0.312729 99,994,799,156 XRP * $298,033,000 34.40%
2 Bitcoin Bitcoin $27,714,801,664 $1696.88 16,332,800 BTC $804,322,000 -5.29%
Like I said before that rank is counting the total supply and not the circulation supply... there is only 38B xrp in circulation.
May 15, 2017, 10:05:34 PM
coinmarketcap shows a different number, bitcoin first close to 28B and Ripple second with 11.5B
Yah.. He is using the total supply of xrp... Ofc he is trolling and trying to get raise some red flash
http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/
May 15, 2017, 09:58:56 PM
coinmarketcap shows a different number, bitcoin first close to 28B and Ripple second with 11.5B
May 15, 2017, 09:46:31 PM
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