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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24037. (Read 26619992 times)

hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺
https://www.cryptocoinsnews.com/more-than-4400-bitpay-merchants-keep-bitcoins/

10% of bitpay merchants do not convert to fiat.

I have a feeling that number will increase substantially in 2015.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1456
Merit: 1000

imo ripple is hurting btc big time

500mio marketcap right now and keeps rising. if it goes to 1000mio the liquidity has to come from somewhere...

Everything is hurting btc, but yes xrp is taking some liquidity out of btc.  But ripple is creating more liquidity for btc as an exchange.

just shorted ripple-vs-btc they cant be pumpin all teh time
legendary
Activity: 2324
Merit: 1125

imo ripple is hurting btc big time

500mio marketcap right now and keeps rising. if it goes to 1000mio the liquidity has to come from somewhere...

marketcap is actually more like 150mio because the creators hold most of the assets

I'd speculate that it is more like 238mio.

lol, sometimes Ripple just x-folds the outstanding number of Ripples and the market cap grows accordingly. Anyone holding Ripple should be institutionalized.
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!

imo ripple is hurting btc big time

500mio marketcap right now and keeps rising. if it goes to 1000mio the liquidity has to come from somewhere...

marketcap is actually more like 150mio because the creators hold most of the assets

I'd speculate that it is more like 238mio.
legendary
Activity: 2338
Merit: 1035

imo ripple is hurting btc big time

500mio marketcap right now and keeps rising. if it goes to 1000mio the liquidity has to come from somewhere...

marketcap is actually more like 150mio because the creators hold most of the assets
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!

imo ripple is hurting btc big time

500mio marketcap right now and keeps rising. if it goes to 1000mio the liquidity has to come from somewhere...

Everything is hurting btc, but yes xrp is taking some liquidity out of btc.  But ripple is creating more liquidity for btc as an exchange.
ImI
legendary
Activity: 1946
Merit: 1019

imo ripple is hurting btc big time

500mio marketcap right now and keeps rising. if it goes to 1000mio the liquidity has to come from somewhere...
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
full member
Activity: 238
Merit: 100
The market is really fascinating, right now. The Microsoft news broke the bear rally that was looking to get out of hand. However, the Microsoft counter-rally up to $360 was so weak tipping the bulls hand that they have run out of ammo. Yet, many are unwilling to sell en masse on this realization because the Microsoft news signals potential for greater adoption and, hence, is speculatively significant even if, in the short-term, the net effect is actually people using existing coins and unloading bags.

The new money just isn't there right now for it to rise and the bulls have shot their load or dropped out completely. But, people feel like BTC is on firmer speculative footing than it was a week ago. Something that might have more speculative value but has nobody crazy enough to speculate on it anymore. Now, one thought is... that's the perfect time to buy -- I understand that sentiment. But, on the other hand, the real value is the community/network effects and they've already been burnt too many times or had too much of their wealth cut from under them. It's weird. A reason for BTC to live while it is in the midst of taking its last breaths.

I think you have to short until the bulls show they have any fight left in them. Do so with a narrow stop, though, in case a big player enters the market and sees an opportunity.
legendary
Activity: 1456
Merit: 1000
someone is pumpin ripple  Shocked

Which exchange has ripple on it? Couldn't fine it.

https://poloniex.com

edit :: cryptsi has xrp too
legendary
Activity: 1176
Merit: 1000
Come on traders. There must be plenty more people willing to short a hyper volatile commodity like bitcoin. I heard from some reliable members on this very forum that it is going to single digits! Forget fundamental analysis! The chart slopes down!

You do realize price has been steadily declining since december 2013 right?

It is all a matter of timeframes podyx Smiley
legendary
Activity: 1456
Merit: 1000
Come on traders. There must be plenty more people willing to short a hyper volatile commodity like bitcoin. I heard from some reliable members on this very forum that it is going to single digits! Forget fundamental analysis! The chart slopes down!

10 usd per bitcorn Huh thats 2 digit bro  Tongue
legendary
Activity: 2338
Merit: 1035
Come on traders. There must be plenty more people willing to short a hyper volatile commodity like bitcoin. I heard from some reliable members on this very forum that it is going to single digits! Forget fundamental analysis! The chart slopes down!

You do realize price has been steadily declining since december 2013 right?
legendary
Activity: 1456
Merit: 1000
someone is pumpin ripple  Shocked
legendary
Activity: 1176
Merit: 1000
Come on traders. There must be plenty more people willing to short a hyper volatile commodity like bitcoin. I heard from some reliable members on this very forum that it is going to single digits! Forget fundamental analysis! The chart slopes down!
hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺
The Ruble is now 91 / 1 GDP Shocked  it was 45 / 1 GDP in 2013.

It's not just Bitcoin that had a bad 2014.

Just need a few more to short BTC, and then the rally will start Smiley
hero member
Activity: 742
Merit: 500
Again, can somebody tell me if the 17 million USD buy wall for XRP at Bitstamp is a glitch or something?

It's a buy wall almost double the buy wall of the famous BTC BearWhale for fuck's sake lol

Where can I see the USD/XRP/Bitstamp order book? Link?
https://www.ripplecharts.com/#/markets

Go to XRP  /  USD   on Bitstamp

The 17 million USD wall is still there at 0.01538 USD.

1.1 billion XRP = 50K BTC = 17 Million USD

If it's not a glitch that is.
full member
Activity: 131
Merit: 100
Again, can somebody tell me if the 17 million USD buy wall for XRP at Bitstamp is a glitch or something?

It's a buy wall almost double the buy wall of the famous BTC BearWhale for fuck's sake lol

Where can I see the USD/XRP/Bitstamp order book? Link?
sr. member
Activity: 434
Merit: 250
Oh, but kind sir, you should compare since 2008/2009. BTC wasn't invented in 2013, or did your brilliant mind forget that part.

You are right.  Bitcoin is a great investment. Only, when you go shopping, be sure to tell the cashier that you want to buy it before September 2013, not now.

Quote
I will not be so mean as to ask how BTC has fared in the same period.  

Why don't you look it up?

And what does the BRL:USD exchange rate have to do with this thread?  Only stupid investors will invest in a currency, anyway.

Do you have anything useful to say about bitcoin, or are you here only to be a meta-troll -- a poor parody of a much better troll?



I'm sorry if I hurt your feellings.



Since Bitcoin is not a currency(http://www.wsj.com/articles/SB10001424052702303949704579461502538024502), we should be fine. Good luck with your BRL savings account.

What I've got to say about bitcoin is apparently just as usefull as what you've got to say about it.
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