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Plikk

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  1. Haha
    Plikk got a reaction from tony71 in Does this sound like the Shane Ellis Theory??   
    Apparently, paragraphs don’t exist either!

  2. Thanks
    Plikk reacted to AlejoMoreno in Does this sound like the Shane Ellis Theory??   
    ***TO SAVE YOU FROM HAVING  A STROKE***
    The Shane Ellis """"""""""""""theory"""""""""""""" relies on ignorance of how the wider market works.  I can't believe this has to be debunked over and over and over. 
    The theory takes an exchange in complete isolation and thinks ALL OTHER EXCHANGES would somehow (bizzarely) just follow the price of that single exchange.  "Suzie Esoteric Systems" says that the exchange that sees a price spike would go to other exchanges and publicly buy XRP (since they're all out of XRP) and that would drive the price up on other exchanges. 
    This is like a supermarket running out of fruit and veg so they go to other supermarkets and retail-buy fruit and veg from their rivals.  It's like wholesale isn't a thing.  It's like Ripple selling XRP wholesale (programmatic sales) isn't a thing and that an exchange could buy off Ripple with a couple of mouse-clicks. 
    No, that can't happen apparently - the exchange would weirdly buy it on Coinbase's retail app like some 13 year old kid, driving up Coinbase's price.  Then Brian Armstrong, in a mad panic, would log into his retail Bitrue account and buy up XRP there, to stock up Coinbase's XRP.  Hurr durr $589.  Also, apparently arbitrage doesn't exist according to this theory. 
    Nor does the theory take into account that there's a sell on another exchange....so if the theory is correct, then the sell would have an equal and opposite impact on price....even though in reality two exchanges that represent a tiny tiny percentage of overall XRP volume have minimal impact on XRP's price on other exchanges.  
    Let's even imagine that the theory works....who on earth is going to buy the $5 or $50 or $500 XRPs on this one exchange when they're available for 28 cents on other exchanges? Arbitrage smoothes out price differences across exchanges. 
    Exchanges also put their own asks if a order book gets too thin....remember that exchanges buy XRP, right? Why do you think they do that? 
    I shouldn't bother countering the theory....everytime I sever its head, two more heads pop up.  
  3. Like
    Plikk reacted to 2ndtimearound in Does this sound like the Shane Ellis Theory??   
    The Shane Ellis """"""""""""""theory"""""""""""""" relies on ignorance of how the wider market works.  I can't believe this has to be debunked over and over and over.  The theory takes an exchange in complete isolation and thinks ALL OTHER EXCHANGES would somehow (bizzarely) just follow the price of that single exchange.  "Suzie Esoteric Systems" says that the exchange that sees a price spike would go to other exchanges and publicly buy XRP (since they're all out of XRP) and that would drive the price up on other exchanges.  This is like a supermarket running out of fruit and veg so they go to other supermarkets and retail-buy fruit and veg from their rivals.  It's like wholesale isn't a thing.  It's like Ripple selling XRP wholesale (programmatic sales) isn't a thing and that an exchange could buy off Ripple with a couple of mouse-clicks.  No, that can't happen apparently - the exchange would weirdly buy it on Coinbase's retail app like some 13 year old kid, driving up Coinbase's price.  Then Brian Armstrong, in a mad panic, would log into his retail Bitrue account and buy up XRP there, to stock up Coinbase's XRP.  Hurr durr $589.  Also, apparently arbitrage doesn't exist according to this theory.  Nor does the theory take into account that there's a sell on another exchange....so if the theory is correct, then the sell would have an equal and opposite impact on price....even though in reality two exchanges that represent a tiny tiny percentage of overall XRP volume have minimal impact on XRP's price on other exchanges.   Let's even imagine that the theory works....who on earth is going to buy the $5 or $50 or $500 XRPs on this one exchange when they're available for 28 cents on other exchanges? Arbitrage smoothes out price differences across exchanges.  Exchanges also put their own asks if a order book gets too thin....remember that exchanges buy XRP, right? Why do you think they do that?  I shouldn't bother countering the theory....everytime I sever its head, two more heads pop up.  
  4. Like
    Plikk reacted to xrp_moonjet in Charting the course of XRP   
    Whales and Bots are doing the exact reverse of the Mass mentality. Most of the folks are disappointed about XRP price right now and selling to catch it lower. Lot of TA folks in Twitter are calling out 17 cents, 7 cents.. I guess the opposite is going to happen and ppl won't have time to jump in back..
    300+ customer and 24+ ODL customer and 3 live corridor. Its just the beginning. Ppl are still chasing Airdrop and staking rewards. XRP will be have the highest liquidity in next 5 years.. XRP is the patience game and a Marathon.. Take care everyone.
  5. Like
    Plikk got a reaction from Viggo in If you honestly don’t believe that XRP’s price can go beyond $5-$10 what is your motivation for posting in here   
    @Chewiecoin Mate I have the deepest respect for you and always loved your optimism in times of despair. But I don't see any reason for dragging down people who think XRP won't make it past 10$. Everyone is entitled to their own views and opinions, and I too hate FUD, but I am grateful for the more sceptic people around here. If everything becomes restricted to moon, lambo and overoptimistic talks then what is the point of having a forum. The somewhat more negative posts keep us focussed and more down to earth.
    I do think your intention was not to lure out this kind of debates, but I do get why some people could be mildly offended by a thread like this. I am all for a 100+ XRP and think it is possible, but even if it would only reach 10$, I would still have a massive return and be happy with it. Also, some people are just afraid to grasp the ful potential of XRP, because if it goes where you and I think it goes, it would be a game changer. Not only for our lives, but for the entire world.
    But in the end, we need to give room for everyone's opinion, unless it is just plain stupid FUD, then I simply block a user. But there's absolutely no need to call people out on lesser expectations than our own.
     
  6. Like
    Plikk reacted to xrphilosophy in Charting the course of XRP   
    A couple folks who had been permanently banned came back in Halloween costumes, and have been dealt with accordingly.  That's why things erupted so quickly.  Their intentions have only been to sow discord.  For all of us intrigued by this interesting time in XRP's cycle please don't bite on the lures some of these trick or treaters throw out there. 
    In addition to XRP's chart in particular I find the overall global macro situation lining up rather conveniently with some kind of pop in the overall crypto market.  There are enough countries experiencing liquidity shortages now that some dominoes it seems are beginning to fall.  Should be an interesting next few weeks and months (hopefully)! 
  7. Like
    Plikk reacted to djdhrubs in Epic Pennant on BTC Chart   
    Am trying to stay reserved and not get excited but this looks like p*rn to me.
    I mean, what would be ideal is a suicide drop to 8800 then a huge move up but i wouldn’t be surprised if it pumped to 11.5 k in one candle without letting anyone in.
    On the flip side, I’d only get bearish if it fell below 8100. That’s quite a long way down from here.

  8. Like
    Plikk reacted to WhtSno in Charting the course of XRP   
    It's called the Skinner box.
    This study is the premise for what the gaming industry has become today with phone apps, press a button, win a coin, endorphins release in the brain etc. The Like button on FB, views on instagram and why social media has become what it is today or if you've ever seen Star Trek, "The Game" (TNG 5x06).  
    From growth, to college debt, to working the 8-12hr/day grind, build debt, work 50 years to pay it off, "the rat race".  Our entire society as we know it today is based on The Skinner Box, but most are too stupid to understand it or how to escape.
     
    https://www.huffpost.com/entry/compass-pleasure_b_890342
     
  9. Like
    Plikk got a reaction from Martini8v in Give 10% away   
    Well my GF and I have been(and still are going) through hell because of her sudden severe stroke. It may sound selfish but any earnings from XRP will go to her rehabilitation and happiness. For me, that's the #1 motive for XRP to succeed.
  10. Like
    Plikk reacted to Julian_Williams in XRP is following this chart like a fly stuck to sh$% - Breakout soon   
    Thanks @Tinyaccount  I am reading @Mycotoxin for the first time - extraordinary TA stuff.  It will be fascinating to watch if XRP and BTC follow these predicted patterns. I would feel pretty good if XRP finally gets back to .42, most of my losses would be rebalanced.
  11. Like
    Plikk reacted to AlejoMoreno in Charting the course of XRP   
    I don't feel like working out the math but Jed's sales are restricted based on daily volume, so according to what we've been told at least (by Ripple), he cannot just sell a big load at one time like that.
  12. Confused
    Plikk reacted to Julian_Williams in Charting the course of XRP   
    I am glad both you and Molten are seeing this as a precursor to a run.  You are both good at TA and I trust your analysis.  It would suit me perfectly if a run started now.
    About your first point, you may be right.  My supposition is that most early investors did not get out and take profits, I would think most sold a proportion and got caught holding most of their XRP when the crash happened (It happened very fast when XRP was still climbing steeply.  A whale, probably Jed, came into the market and sold about a billion XRP over a period of 36 hours). 
    I might be wrong, but if you put yourself in their place would you have sold everything in 2017 before Jed arrived
     
  13. Haha
    Plikk got a reaction from invest2lose in XRP is following this chart like a fly stuck to sh$% - Breakout soon   
    What a fun and honest market, this is

  14. Haha
    Plikk got a reaction from Molten in Charting the course of XRP   
  15. Thanks
    Plikk got a reaction from AlejoMoreno in Charting the course of XRP   
    Smells like a fake out to me but id love to be wrong! 
  16. Like
    Plikk reacted to jbjnr in Conversation with a whale   
    Option 3: There are probably thousands (more, less, it doesn't really matter) of automated trading bots working on crypto exchange all over the world, all looking for buy/sell signals that will trigger their next trade. The combined effects of thousands of traders, retail and other causes noise on all the token valuations. News releases, twitter messages, discussions on forums, all cause random buy and sell actions from traders and sometimes, the bots will kick-in thinking that the volume has increased or the price is about to rise. All the bots making a decision within seconds of each other can produce a cascade of buy/sell orders that can in turn trigger a flash crash or a sudden pump within seconds or minutes as more and more buy/sell triggers are activated. Programmed sell instructions from holders of large amounts no doubt contribute to this, but it doesn't have to be the illuminati manipulating the price every time.
  17. Haha
    Plikk got a reaction from Cesar1810 in XRP is following this chart like a fly stuck to sh$% - Breakout soon   
    What a fun and honest market, this is

  18. Haha
    Plikk got a reaction from Tinyaccount in XRP is following this chart like a fly stuck to sh$% - Breakout soon   
    What a fun and honest market, this is

  19. Like
    Plikk reacted to eggsarepeas in Charting the course of XRP   
    @dr_ed XRPBTC chart looks great to me. We’ve retraced perfectly to the golden zone (0.618) and the next target should be ~5300 sats.

  20. Haha
    Plikk reacted to Caracappa in Charting the course of XRP   
    Going to a TA thread telling the OP to stop making statements about possible price patterns... 
    You're disqualified... For everything... forever...
  21. Like
    Plikk got a reaction from Julian_Williams in Charting the course of XRP   
    P*ss off
  22. Like
    Plikk got a reaction from WarChest in Charting the course of XRP   
    P*ss off
  23. Like
    Plikk reacted to dr_ed in Charting the course of XRP   
    With BTC apt to give back a lot after such a quick run up, this will will show up as positive on XRP/BTC, of course.
    At this juncture it's important to remember we spend fiat and that if both coins are trending higher in fiat that we're still winning, regardless of whether XRP is currently in an uptrend against BTC.
    BTC still NEEDS to go higher to keep the broad crypto market rally going right now. Until XRP presumably pulls ahead for good based on actual utility, I hope to see some synergy that will help XRP price and other alts coin prices, which has been noticeably absent lately.
     
  24. Like
    Plikk got a reaction from Cesar1810 in Epic Pennant on BTC Chart   
    They already are... LianLianPay is onboard and i am certain they are working on others. 
  25. Confused
    Plikk reacted to MQB in Epic Pennant on BTC Chart   
    BTC up, drinking alt blood like wine, once again
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