Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24440. (Read 26713510 times)
November 20, 2014, 12:40:08 PM
One thing is for certain though, the bids are deeper than when we were here a couple of months ago which suggests a more positive perception from most people in regards to the market. Now, we clearly saw it was OKcoin and China that led the price spike last week and now it has fizzled to where we might have expected to be if we had had steady growth from the "bottom". China is now being bearish with this Huobi news and it wouldn't surprise me to see the western exchanges take the lead which theoretically could lead to a much more sustainable rise. OKcoin trading is a joke with no fees and 20X leverage its just a bunch of gamblers trying to out luck each other and should not be somewhere the market looks towards to dictate a market price.
November 20, 2014, 12:39:30 PM
XRP has 45% pre-mine. Interesting.
Except there is no mining. Ripple Labs recognized that cryptos behave like stocks and built a protocol that embraces this. Interesting.
...and kept 45% for themselves.
Which would be scammy if there were a mining mechanism. However, it is not unusual for a company to hold a large share of its own stock.
November 20, 2014, 12:37:25 PM
This RIPPLE thing sounds pretty interesting, could somebody please tell me something about it! Thanks
November 20, 2014, 12:34:47 PM
Yes, I agree with shroomsy for once 
November 20, 2014, 12:31:40 PM
And i thought this was the "Bitcoin price moment tracking & discussion" not RIPPLE
November 20, 2014, 12:29:43 PM
Can we stop discussing Ripple here?
November 20, 2014, 12:29:23 PM
XRP has 45% pre-mine. Interesting.
Except there is no mining. Ripple Labs recognized that cryptos behave like stocks and built a protocol that embraces this. Interesting.
...and kept 45% for themselves.
(people know there is no mining with Ripple because it's a centralized scam)
November 20, 2014, 12:27:41 PM
Ripple is hardly a 2nd mover to bitcoin, because it's a completely different system.
Ripple is centralised and belongs to a single company, it's not free as in freedom, like bitcoin, but more like amazon bonus dollars or similar pointless additions.
In short: if someone tries to tell you that ripple could be anything like bitcoin he's simply trying to scam you (or he's an idiot who doesn't understand a thing about bitcoin).
Also, im tired of reading ripple spam on this bitcoin-forum, post your private-company-money scams elsewhere please.
Ripple is centralised and belongs to a single company, it's not free as in freedom, like bitcoin, but more like amazon bonus dollars or similar pointless additions.
In short: if someone tries to tell you that ripple could be anything like bitcoin he's simply trying to scam you (or he's an idiot who doesn't understand a thing about bitcoin).
Also, im tired of reading ripple spam on this bitcoin-forum, post your private-company-money scams elsewhere please.
November 20, 2014, 12:27:00 PM
XRP has 45% pre-mine. Interesting.
Except there is no mining. Ripple Labs recognized that cryptos behave like stocks and built a protocol that embraces this. Interesting.
November 20, 2014, 12:23:13 PM
bitcoin's first mover's disadvantage:
Its forum will forever have to deal with second movers publicizing themselves.
Its forum will forever have to deal with second movers publicizing themselves.
November 20, 2014, 12:20:29 PM
XRP has 45% pre-mine. Interesting.
November 20, 2014, 12:17:48 PM
...we don't need ego tantrums...
But that's the defining quality of Bitcoin!
November 20, 2014, 12:16:57 PM
November 20, 2014, 12:15:14 PM
Fuck-a-shima that's one hell of a tsunami
November 20, 2014, 12:05:02 PM
I am so tired of the pissing contest over side chains. Where is the creativity and innovation? There is enough politicking in the real world, we don't need ego tantrums in academic discussions.
November 20, 2014, 12:01:19 PM
November 20, 2014, 11:39:46 AM
November 20, 2014, 11:39:14 AM
Bullmarket off 
Yes. In case you didn't notice, it's been off for 11 months now.
November 20, 2014, 11:38:50 AM
Bullmarket off
Yes. In case you didn't notice, it's been off for 11 months now.
You're right. Fiat leaving the market; lousy pump to dump ratio
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