Jump to content

Search the Community

Showing results for tags 'bithump'.



More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • XRP
    • Please Read Before Posting
    • Press
    • General Discussion
    • Technical Discussion
    • Codius and Smart Contracts
    • Marketplace
    • Problem Solving
  • Interledger Protocol
    • Interledger Protocol Discussion
  • Other Technology
    • Alt-Coins and General Fintech
  • More
    • Coil Posts and Fan Submissions
    • Off-Topic
    • Meta
    • Languages
  • Canadian Zerpers's Topics
  • Vegemite Ripplers's Topics
  • 2 the Moon! For Real. The Club's Topics
  • NY Zerpers - aka bitlicense island's Topics
  • Brackish Waters Club's Topics
  • Trading Places's Topics
  • Anti-Club Club's Topics
  • The Irish Brigade's Topics
  • Saloon's Request
  • XRP Trading And Price Speculation's Topics
  • The Crypto Buffett's Topics
  • Alt-Coin Trading And Price Speculation's Topics
  • Super serious Ripple club's Topics
  • Making Millions!'s Topics
  • Ripple - India's Topics
  • SWELL's Topics
  • Gospel Hour's Topics
  • Korean XRP Holders's Topics
  • Strayans lovin your work XRP!!!'s Topics
  • Technical Analysis (TA) Area's Topics
  • BTC diving deep club's Topics
  • Ripple Enamel Pin Club's Topics
  • XRP Wave Surfers's Topics
  • FUDster's retreat's Topics
  • Cooking with Snoopy's Topics
  • How it's all going to happen..'s Topics
  • Chocolate Fish's Topics
  • The Round Table's Topics
  • UK Hodlers's Topics
  • ˜”*°• Zerpmania •°*”˜'s Topics
  • XRP YouTube Videos's Topics
  • CRY ROOM's Topics
  • Night's Watch's Topics
  • CasinoCoin's Topics
  • XRP Think Tank's Topics
  • Allvor's Topics
  • NightClub's Topics
  • TeXRP's Topics
  • COIL Think Tank's Topics
  • Bob's Book Club's Topics
  • XRP FAQS's XRP Q an A’s

Calendars

  • Ripple Events
  • Vegemite Ripplers's Events
  • NY Zerpers - aka bitlicense island's Events
  • Brackish Waters Club's Events
  • Trading Places's Events
  • Anti-Club Club's Events
  • The Irish Brigade's Events
  • Saloon's Calendar
  • XRP Trading And Price Speculation's Events
  • The Crypto Buffett's Calendar
  • Alt-Coin Trading And Price Speculation's Events
  • Super serious Ripple club's Events
  • Making Millions!'s Events
  • Ripple - India's Events
  • SWELL's Events
  • Gospel Hour's Events
  • Korean XRP Holders's Events
  • Strayans lovin your work XRP!!!'s Events
  • Technical Analysis (TA) Area's Events
  • BTC diving deep club's Events
  • Ripple Enamel Pin Club's Events
  • XRP Wave Surfers's Events
  • FUDster's retreat's Events
  • Cooking with Snoopy's Events
  • Chocolate Fish's Events
  • The Round Table's Events
  • UK Hodlers's Events
  • XRP YouTube Videos's Events
  • CRY ROOM's Events
  • XRP Think Tank's Events
  • Allvor's Events
  • NightClub's Events
  • TeXRP's Events
  • COIL Think Tank's Events
  • Bob's Book Club's Calendar

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Website URL


Interests


Location


Occupation


Country


Ripple Address


Biography


Location


Interests


Occupation

Found 1 result
Minimum search term is 4 characters long. Can't find what you want? Click here for the custom google search instead.

  1. This is my first post. I'm new in the forum. Heck, I'm a new XRP holder because for years I used to be a hater, sticking to BTC and LTC Until a month ago. But I'm not new in crypto. I bought my first Bitcoin for $12 and was lucky enough to turn a $2000 in 2012 investment into $?00K by hodling, trading and hopping between BTC, LTC and ETH. Now, I know that my knowledge about Ripple and XRP is not like many of you, and I enjoy reading your posts and tweets. However, I have learned something during years of trading that you might want to consider. Straight to the point, some exchanges have proved their liability in years. You can deposit and withdraw XRP in Bitstamp or Kraken within seconds, but same process in Poloniex or Bittrex takes a long time depending the amount of coins; Currently, if you withdraw 100,000 XRP from Polo, it takes minimum 2 hours. There should be no additional confirmation delays if you have 2FA and email approval link, especially if you are withdrawing to same wallet everyday. So, there must be different reasons that makes this delays. I want to conclude this post with suggesting to withdraw most of your XRP to your own wallets and that not only gives you better security and peace of mind, but ALSO IT WILL HELP TO PUMP THE PRICE. And it doesn't matter if your exchange is trustworthy as your own eyes. Here are merely my thoughts, and I'm not accusing anyone, but it's not bad to be a bit suspicious. Perhaps the exchange doesn't trust it's code or infrastructure, so has to manually verify each request. If that is the case, then why you should trust in something that the owner of it doesn't. Don't wait for a "massive hack" news. Some of you might argue that it's because the exchange has to take the coins from their cold wallets. That might be true for massive coin moves like more than %5 of total deposited coins, that is definitely much more than maximum level 2 daily limit which is $25000. Another reason could be that exchange is short on balances due to theft of untold hack, so they have to buy or sell some other coins to obtain your requested XRP. I am a victim of Mt.Gox but fortunately, my claim is only 4 BTC. I witnessed how Mt.Gox delayed the withdraws and held the wire transfers weeks before it's epic closure, and I'm grateful for my suspicious mind that made me to move almost all my coins to Bitstamp and my cold wallet. Let's be a bit optimistic. Maybe the exchange is using our coins for margin lending, and investing on other coins? If that's true, then they are DUMPING our XRP to get BTC for lending, or other coins that they know will be pumped in near future? If that is the case, would you let them that happen? Do you like to see your coins go to a downtrend because of exchange's manipulation? So, if you take your XRP out of the exchange, they have to buy it back and it leads to price improvement. Finally, regardless of the exchange trustworthiness, reducing the exchange's available volume would unbalance the supply-demand scale. In other words, shorter supply would cause more demands. This is not a significant factor but even a few percent improvement is better than nothing.
×
×
  • Create New...