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  1. Ripple on Coinmarket cap

    On coinmarketcap.com, it shows that BTCXIndia is not updated - 160 hours ago was the last update, any idea why this is happening?
  2. ############################################## DISCLAIMERS: THIS IS NOT INVESTING ADVICE I AM NOT A GOOD TECHNICAL ANALYST! DO NOT BUY CRYPTO WITH LEVERAGE ALWAYS DO YOUR OWN RESEARCH ############################################## Before I started researching yesterday, I had a nagging question: "Is the insane level of 1 billion dollars per day flowing into crypto continuing, or has it declined?" The answer is: Not only is it continuing, it's tripled. Yeah, 3 billion is flowing into crypto, on average, every day this week. Here are those "average flow per day" statistics I massaged based on data from (source: https://coinmarketcap.com/historical/) So is that sustainable? The answer is yes, and it's increasing. Except for one week, the average daily flow into crypto has increased week-over-week. During this week, the average daily flow into crypto-currencies totaled roughly 3 billion. If we see this trend continue, that means that we can expect to see an increasing amount flow into the crypto-currency market next week as well. So not only can we expect to continue to see this daily amount continue, it looks like it's increasing. What does this mean for XRP Price? If we account for an increase in the daily average of roughly 15 percent, this will result in a price of over one dollar for XRP *: *Corrected to use week ending on 5/21/2017 as a base after realizing that using 6/2 would not result in a whole new week for the 6/4 figures Keep in mind that the average daily crypto investment has been increasing by much more than 15 percent week over week in May. I predicted that June would "get crazy," only I don't think I really knew how crazy it might get! I Don't Trust Your Positivity... Okay then. The most conservative estimate *in my view* is that the daily average continues unchanged, or even decreases - even though we know it's increasing. A zero percent increase in the average daily investment in XRP will result in a price of 81 cents at the end of June according to my spreadsheet. When I showed my calculations to a friend this morning, he challenged me to put in a negative growth rate for the average daily investment in XRP. That negative numbers still resulted in an XRP price of over 51 cents. Do your own research on https://coinmarketcap.com/historical/, and let me know if you arrive at similar conclusions!
  3. Many crypto traders use www.coinmarketcap.com to track the value of assets. Unfortunately the data for Ripple markets is not entirely up to date and they don't represent the individual markets in a discernible way. See: http://coinmarketcap.com/currencies/ripple/#markets Notice that many of the markets are listed as "Ripple Gateways", this gives the impression that these gateways are managed by Ripple which they are not (contributes to the belief that RCL is centralized). They also robs worthy gateways of advertising (where is Gatehub?). You can request that coinmarketcap label the gateways accurately and add additional gateways to their Ripple markets using this form: https://docs.google.com/forms/d/e/1FAIpQLSf0f95sPIlakbvT0AKXvJpwboNWwQjAj9ZiSdCiqpXcKmumzw/viewform (you can also simple click the link at the bottom of CMC).
  4. See screenshot below ? This is a very nice prediction for 2018 imo ?
  5. As mentioned by @D-fault123 in the chat, coinmarketcap.com had an interesting glitch today. XRP realized all our dreams and then some by jumping to $3.9M per coin, then subsequently disappearing off the site. This may be affectionately remembered as the AM era (after million).
  6. Now I believe I know why other smaller currencies are increasing in value and that is over the concern over the scaling issue with Bitcoin and the process of increasing the 1mb block size to deal with future growth. There could be a panic that this will be a problem with the peer to peer network. Like always there is panic and investors sell and now they are placing their profits into these smaller digital currencies in hopes of keeping their profits by holding with other dc's. I could be wrong but this is what I think is going on.