Powder888 Posted January 29, 2018 Share Posted January 29, 2018 With Bitoasis about to go live in an hour (UTC midnight), do we anticipate that in 8 hours or so when the Middle East wakes up there will be a positive flow into Ripple? Link to comment Share on other sites More sharing options...
Guest Posted January 29, 2018 Share Posted January 29, 2018 Yes, but I personally do not expect any significant price movement. Link to comment Share on other sites More sharing options...
Molecular Posted January 29, 2018 Share Posted January 29, 2018 Definitely to the moon. Dblase 1 Link to comment Share on other sites More sharing options...
Zedy44 Posted January 29, 2018 Share Posted January 29, 2018 I don't think anyone should expect price movement on this. Barring laws that I'm not aware of anyone looking to invest in XRP probably has done so outside the scope of the BitOasis exchange. Of course more exchanges is always good for demand. I just don't think it'll move the needle at all solely by the listing going live. Link to comment Share on other sites More sharing options...
Yeti Posted January 29, 2018 Share Posted January 29, 2018 I'm not expecting much movement Link to comment Share on other sites More sharing options...
ZerpHodler Posted January 29, 2018 Share Posted January 29, 2018 Definitely agree with many of the above. This will have little effect on the price. One interesting thing I found is website value of bitoasis. Take the numbers with a grain of salt but for comparison sake it definitely puts things in perspective. According to www.worthofweb.com: Coinbase.com value: $877 Million Bitoasis.net value: $48,000 Link to comment Share on other sites More sharing options...
retryW Posted January 29, 2018 Share Posted January 29, 2018 I think there is a LOT of money that could go in there. It will definitely help the price, and the liquidity; however possibly not immediately. The main issue I noted, is that despite being the most outrageously wealthy region, BitOasis has a default of $500 USD daily purchase limit. Hopefully for verified accounts, or people who want to trade significantly more, it's easy for them to up this (to millions per day). $500 USD is like a few cents for the people in Dubai, so I very much hope there is the possibility of increasing limits to allow for their bored $1mil XRP purchases. Link to comment Share on other sites More sharing options...
mrongey Posted January 29, 2018 Share Posted January 29, 2018 If I learned anything from 2017 it's to not expect any lasting price movement from news/new exchanges. That way, if it does happen, I'm pleasantly surprised. I do think there's a better chance for positive movement when robinhood goes live, even though it's only going to be in five states at first. Hopefully this will help Bitoasis to grow though. IsraelMuCa 1 Link to comment Share on other sites More sharing options...
XRPgoat Posted January 29, 2018 Share Posted January 29, 2018 5 minutes ago, mrongey said: If I learned anything from 2017 it's to not expect any lasting price movement from news/new exchanges. That way, if it does happen, I'm pleasantly surprised. I do think there's a better chance for positive movement when robinhood goes live, even though it's only going to be in five states at first. Hopefully this will help Bitoasis to grow though. Robinhood looks really cool....XRP is already in Robinhoods search box. You can see XRP charts and price. agonyaunt 1 Link to comment Share on other sites More sharing options...
crypto2libertas Posted January 29, 2018 Share Posted January 29, 2018 well I already ordered my porsche base on this I hope I don't have to cancel my order IsraelMuCa 1 Link to comment Share on other sites More sharing options...
Nobre Posted January 29, 2018 Share Posted January 29, 2018 Robinhood has now more than 1 million people in line. https://crypto.robinhood.com JHoueye 1 Link to comment Share on other sites More sharing options...
ChavasRegal Posted January 29, 2018 Share Posted January 29, 2018 (edited) Will this make much difference seems as though CMC / LCW don't track BitOasis for BTC or ETH as it is anyway, it might just end up being it own little ecosystem that the majority of people don't know about. Edited January 29, 2018 by ChavasRegal Link to comment Share on other sites More sharing options...
mrongey Posted January 29, 2018 Share Posted January 29, 2018 Sorry, I didn't mean to hijack this thread by mentioning robinhood. 3 minutes ago, ChavasRegal said: Will this make much difference seems as though CMC doesn't track BitOasis for BTC or ETH as it is anyway, it might just end up being it own little ecosystem that the majority of people don't know about. That's what's weird to me about Bitoasis. It's supposedly the biggest exchange in UAE, but it's been impossible for me to find any volume or similar data without making an account. Link to comment Share on other sites More sharing options...
Dutchpinoy Posted January 29, 2018 Share Posted January 29, 2018 4 minutes ago, ChavasRegal said: Will this make much difference seems as though CMC / LCW don't track BitOasis for BTC or ETH as it is anyway, it might just end up being it own little ecosystem that the majority of people don't know about. It doesn't really matter wether cmc or the likes represent/track Bitoasis. A higher volume is good across the board and will still impact prices shown on cmc in the long run. Mpolnet 1 Link to comment Share on other sites More sharing options...
retryW Posted January 30, 2018 Share Posted January 30, 2018 14 minutes ago, mrongey said: Sorry, I didn't mean to hijack this thread by mentioning robinhood. That's what's weird to me about Bitoasis. It's supposedly the biggest exchange in UAE, but it's been impossible for me to find any volume or similar data without making an account. CMC doesn't list Coinbase, yet is a huge player. It's pretty much the Coinbase of Dubai. agonyaunt 1 Link to comment Share on other sites More sharing options...
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