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Showing content with the highest reputation since 11/27/2020 in all areas

  1. Drifting Down? Bitcoin hit it's ATH yesterday and the 2020 high the day before that. It backed off a little but it is hardly drifting down. The bull market has started we should get a high volume day that blast through$20k soon.
    17 points
  2. I think Spark is important as bringing smart contracts to XRP. When DApp or DEX comes in the flare network, XRP will be converted to FXRP. If XRP is converted to FXRP, sparks need 2.5 times the value of XRP. The demand for sparks will increase as flare networks become more widespread. And sparks increase value. It seems that DEX is also being developed, and FXRP will be locked up when yield farming in DEX becomes popular. In that case, the number of XRP on the exchange will decrease, so the selling board will become thinner and the value of XRP will increase more easily.(
    13 points
  3. 9 points
  4. https://www.lendacademy.com/podcast-275-asheesh-birla-of-ripple/ Did you know that 80% of international FX transfers pass through 3 megabanks? It's mad, obviously this monopolistic situation needs to be changed and Ripplenet are providing a way for that change from trusting Banks like HSBC into doing it yourself cheaper and in real time.
    9 points
  5. FWIW - I've been monitoring the timings of the volume buys of BTC and XRP, and their direct trade ratio; this latter is akin to the gold to silver ratio which can sometime reveal some clues to the market's sentiment. Two discoveries I found interesting: One, the trading spikes often occur in sync, tho not in the same ratios - which show up in the asset pair's trade ratio. Two, there has been numerous XRP buy events NOT matched by the same in BTC. It seems very likely that Big Capitol has been pursuing crypto asset accumulation, in a manner to minimize price impact as much as pos
    9 points
  6. Presented without further comment...
    9 points
  7. Ripple partnered gaming marketplace to be integrated into Will Wright simulation: https://coil.com/p/macropolo/Ripple-Partner-Forte-Signs-Legendary-Sim-Developer/oZM-KnF2x
    8 points
  8. This was David S. response to the newly release critique of the XRPL consensus process: https://threadreaderapp.com/thread/1334290914609532928.html
    8 points
  9. This is when things get exciting! Before, everything was a constant question of when Bitcoin will recover ATH. Now, we’re in uncharted territory! The market is going to surge sooner or later. I hope everyone that thinks the price is going up is on board; I would hate to miss the train. Once the surge kicks in, the market can literally move at the speed of light overnight while you’re sleeping and you’ll miss it that easily.
    8 points
  10. No, it means WHATEVER the value of Spark or XRP is, you need 2.5x of same equivalent value of XRP "locked up". So if XRP is $1 and Spark is $0.10, you would still need $2.50 worth of Spark ($1 x 2.5), which would mean 25 Sparks (0.10 x 25 = $2.50) as collateral, per 1 FXRP. As a consequence, it MIGHT be that this increases Spark ($FLR) value over time by restricted the available supply when locking up tokens as collateral. One of Spark's use cases, in other words, is as locked collateral for FXRP, which will remove a chunk of tokens from immediate circulation while creating demand.
    8 points
  11. My money's on fernandoo ^^ either that or some whales looking to fiat out OR just spook the traders And welcome newcomer ! btw - just so you're cognizant of your EFFECT on denizens here, using "ripples" for XRP tokens in a post triggers a butt load of bettys here And this is coming from someone recently bitched at (on Twitter, not here) for using the noun "sats" in a reply comment.
    7 points
  12. Bitcoin's price is bouncing around $19k after breaking it's ATH yesterday. The patterns have been playing out the same and if so the Bull Market has started. As I wrote above we should soon see a high volume break through of $20k. When that happens I'd guess we go up a few $k before a pull back maybe $25k maybe higher, Max Keiser thinks $28k. As always I expect a lot of volatility so don't chase price if you are buying. Meaning only buy on red days, that is if your bags aren't already packed. Yeah. It's gonna happen a lot. There will be lots of pumps and lots of pull backs
    7 points
  13. Bitcoin hit a new ATH today!!! The Bull Market may now commence.
    7 points
  14. I'm suited up and ready fam.
    7 points
  15. Seriously, if that doesn’t scream bull cycle, Idk what will.
    7 points
  16. store of value that can vanish if China says so. because I have invested the amount I want to gamble with, and I am perfectly fine last 2 years they have been silent, we do not know what they have achieved... I can see their impact on MGI income.. but yeah, XRP adoption overall looks pathetic to me.. I have expected much more and yet you still invested in it few years ago? Succeed in what? yes, there are bunch of idiots Bitcoin is also speculation. It could go back to 20 dollars or up to 1 million. I d
    7 points
  17. Japanese are now buying XRP to get spark tokens. Twelve Japanese exchanges will distribute Spark Token. Spark tokens will be very popular in Japan along with XRP. https://translate.google.co.jp/translate?hl=ja&sl=ja&tl=en&u=https%3A%2F%2Fcoinpost.jp%2F%3Fp%3D201672
    7 points
  18. Hopium weekend special "Psychological flavor" Assuming whales are real, and assuming they're responsible for the wild movements of the market. It is likely they will keep the cycle going, there's enormous money to be made, they use their power to pump the market to kickstart the beginning of bull run to incite FOMO from retail, then retail do the rest of the job by pumping it higher. Then at the peak of euphoria, whales harvest the money from retail, thats why you're seeing XRP losing 90% of its value, it's just a "harvesting action". Whales pump in 1x the money to kickstart it, wi
    7 points
  19. Goood morning fellow campers ! So nice to see our precious has been holding firm at this day's CPR baselines, and how the VWAP (volume weighted average price) has held level as well thru the 18 hours. From what I have gathered, the recent fallback in Crypto was precipitated by at least three events: Massive whale movement of BTC deposits onto exchanges from private accounts Onerous threats by "The Thing" in the US Dept. of the Treasury as announced by Coinbase's CEO Overdue profit taking by greedy trader types It is not unreasonable to conjecture at this point,
    7 points
  20. I feel like everyone was so bullish up until the recent pullback...and now some are starting to be bearish again. We just rose 300% in a couple weeks and now are still up over 100% from the time we spent in low .20s i think the retracement was much needed and establishing support between .50-.60 is extremely positive. the Asian Ripple girl who sold everything a few days ago is now all of a sudden saying XRP not making higher lows in a 2 day period is “concerning”...I think we are in a very good position and hopefully setting up launch pad for next leg up. gotta ke
    7 points
  21. These are downright dangerous thoughts Julian to display on a public forum. XRP is an investment that has lost 90% of its value between 2017 and 2020. The volatility is 10 times what you would see in the stock market. The market is not regulated. Main holders are anonymous and not tracked by financial authorities (which is why the question as to whether XRP is a security or not is so essential). Yes, there is a company backing XRP, yes, there is a roadmap, yes there is a compelling use case being tested by a promising product called ODL. But projects can fail. Companies fail all the time.
    7 points
  22. I love being a long term holder during these times. Buying and Selling is just Russian roulette during bull surges; it’s a guess and I don’t care what anyone says about it not being a guess. Some people think it’s going to crash or correct, some think it will go up another 300%; a good portion of both groups of people end up getting burned every time.
    7 points
  23. I have a good feeling about Spark, they seem to be popular and people are seeing them as infant ETH coins. If that meme spreads investors will want to get in early when the price is low in the expectation they might one day be a major crypto currency like ETH (and XRP).
    7 points
  24. Yes, I am a Ripple employee. I lead the C++ team and am a Director of Engineering for RippleX. And no, I’m not questioning David’s response at all. I think it’s perfectly appropriate and I completely agree with him. My comment, as the “this response” intro suggests, was directed at idiotic tripe in the post I was quoting; stuff like “Undoubtedly funding from Emin Sirer and his new scam coin AVAX, the new payments token Eth and Xrp killer” and similar junk by others on Twitter. You’re spot on. David absolutely is my brother in digital arms. He and I have been frien
    6 points
  25. I'm predicting the day Bitcoin breaks $20k it will have tremendous volume.
    6 points
  26. Troote

    The case for a $70 XRP

    No offense, but you are delusional. "Past performance is no guarantee of future results."
    6 points
  27. BTC has had two big opportunities to $hit it's pants (today and November 26) and both times it has bounced back up. As I posted about XRP in the other thread, this looks like a really good consolidation after a big move up and building for the next move.
    6 points
  28. I know this is boring but this looks like a very bullish consolidation to me. The longer we go without breaking down, currently above the 10 and 20 day moving averages, the more likely it seems to me that XRP is setting up for another big push up.
    6 points
  29. Definitely there is a sense of excitement, in many way similar to that of 2017 when I first joined. From the top of my head - Big differences : Big players (whales and crypto exchanges) , with cynical precision, have been preparing for three years and they have built the infrastructure and have a battleplan which ends with them withdrawing huge amounts of money from the FOMO which their new infrastructure will handle. These people are not interested in the technology, only the money. The ideal for them is a repeat of 2017 -18 parabolic followed by a crash. They want BTC to be
    6 points
  30. I have to agree with you Troote. The circumstances of that Fabled Magical Crypto Moment are radically different from the current state of the crypto ecosystem. Much of the irrational exuberance of that time was purely an aberration of a spike in public awareness (and unpreparedness) of an emerging new phenominon that will make you instantly rich if you just dive in. But alas, the exchanges were few, and most stopped taking new signups. There's like 20 more aspects we could list. Point is, something very impactful is brewing now, and people can sense the building storm a-coming
    6 points
  31. I don’t think it’s too far fetched to think bitcoin will go to 30k-50k and so on, the question is when. From what I remember in 2017 once it hit ATH it was a sudden crash to 15k-12k range then took about a year to get down to the 3500-4500 range. Some may think that waiting a year or two is a long time but in comparison to other investments it really isn’t. It takes time to gain momentum to reach such high prices. Same goes for xrp, I was new to crypto in 2017 and just got lucky with getting into xrp at .17 cents. I had some btc as well, but I traded it for xrp and sold my xrp around $3.15 (hi
    6 points
  32. 6 points
  33. @JannaOneTrick that's cool. Bitcoin is going screaming into the end of the Month with the Highest Daily Close EVER!!!!!
    6 points
  34. Well I will comment for you : WOW
    6 points
  35. I'm waiting for @JannaOneTrick to kiss me, so i can turn from frog into human again, my original identify was a Nigerian Prince, i asked for help by emailing people, but instead i met a witch and she turned me into a frog
    6 points
  36. JJJ2

    Epic Pennant on BTC Chart

    Between 16.09 and today volume has increased 10 times. I do not know if it is sufficient, but it is a huge and very positive change.
    6 points
  37. Well everyone that got shaken out at the end of last week is crying now. About to hit ATH
    6 points
  38. Last short term hurdle to clear tonight: break through the local high at $0.65. Then there are really no arguments left about the validity of this current move. BTC has already made the moves it needed to make to confirm the uptrend, so at this point it seems unlikely that XRP will not follow along (and also lead the way in terms of % gain).
    6 points
  39. I think the admins need to gift this forum with a politics section. That would help me not put half the forum participants on ignore list.
    6 points
  40. That's a very popular narrative. During the first "14... no wait, 30... days" to stop the spread, compliance was extremely high. Most people were hiding out. Some still are! It's convenient for experts who have recommended non-working policy prescriptions to blame the populace for "not taking it seriously." In medicine - maybe your wife knows this - there's a nasty strain of egocentric doctors blaming patients for being non-compliant, in order to cover up for their own errors. That they continue to recommend lockdowns when there's no evidence that they work - and growing evid
    6 points
  41. i work in medical field too, i treat depressing patients by injecting them with hopium, my most proud achievement YTD is curing @LetHerRip from severe depression, he started smiling again, the news is so groundbreaking it appeared on many newspapers and on TV, i'm due for a noble prize this coming Dec and earning the title "Sir Parabolic", the price of XRP will coincide with this very news and hit at least $1.
    6 points
  42. Well, there ya go. Upside break out and a big test to see if BTC can overtake the 4 hour MA20. XRP is easily outpacing and already took out the moving average.
    6 points
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