SushDawg Posted March 7, 2018 Share Posted March 7, 2018 (edited) Not sure why this would create a dip, but seems to be the reason. Good for regulation I guess https://www.cnbc.com/2018/03/07/bitcoin-just-tanked-below-10000-after-sec-says-crypto-exchanges-must-register-with-agency.html Edited March 7, 2018 by SushDawg deBereboot and Rchopra 2 Link to comment Share on other sites More sharing options...
rooobust Posted March 7, 2018 Share Posted March 7, 2018 (edited) no the dip comes from the binance hack Edited March 7, 2018 by rooobust XRPHdlr and SushDawg 2 Link to comment Share on other sites More sharing options...
deBereboot Posted March 7, 2018 Share Posted March 7, 2018 Had a big smile reading this.. (coinbase? ) btw those btc socks were horrible. Link to comment Share on other sites More sharing options...
marousi Posted March 7, 2018 Share Posted March 7, 2018 just USA exchanges? Link to comment Share on other sites More sharing options...
SushDawg Posted March 7, 2018 Author Share Posted March 7, 2018 @rooobust - Thanks, was not aware of that. Link to comment Share on other sites More sharing options...
Zedy44 Posted March 7, 2018 Share Posted March 7, 2018 Yeah the Binance stuff drove the markets crazy this morning. The claim is API keys being exploited, but a lot of folks are saying they don't use or have API keys and were affected. How an exchange can resolve an orchestrated mass market selloff and repurchase into BTC at this point is beyond me. How could they possibly credit peoples accounts or fix anything? The damage is done. Link to comment Share on other sites More sharing options...
Karl Posted March 7, 2018 Share Posted March 7, 2018 MtGox trustee selling pressure regarding BTC/BCC might also be a factor for the actual low price situation. https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/ kuyu 1 Link to comment Share on other sites More sharing options...
Amigo Posted March 7, 2018 Share Posted March 7, 2018 45 minutes ago, Karl said: MtGox trustee selling pressure regarding BTC/BCC might also be a factor for the actual low price situation. https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/ Time for XRP to somehow cut that tie with Bitcoin. But how.. @JoelKatz @miguel any ideas to reach that? It should be at one point I guess.. Link to comment Share on other sites More sharing options...
Lepi Posted March 7, 2018 Share Posted March 7, 2018 2 minutes ago, Amigo said: Time for XRP to somehow cut that tie with Bitcoin. But how.. @JoelKatz @miguel any ideas to reach that? It should be at one point I guess.. Maybe the billions of MtGox bitcoins being dumped in the months/years to come will move more people towards other assets. We will welcome them onboard the XRP train then... Link to comment Share on other sites More sharing options...
invest2lose Posted March 7, 2018 Share Posted March 7, 2018 markets are spooked with all the recent bad news this morning. Link to comment Share on other sites More sharing options...
Quin Posted March 7, 2018 Share Posted March 7, 2018 (edited) It will pass. As a hodler we shouldn't really worry about these dips. At least Binance itself wasn't hacked and for the trustee he is just getting back as much as he can to pay out the creditors. Hopefully we will chuckle about this in due time What i see as a positive is that the XPR/X ratios are maintaining itself so just market flows and nothing XPR specific Edited March 7, 2018 by Quin WmMunnyFrmMissouri 1 Link to comment Share on other sites More sharing options...
Blockchained Posted March 7, 2018 Share Posted March 7, 2018 2 hours ago, Amigo said: Time for XRP to somehow cut that tie with Bitcoin. But how.. @JoelKatz @miguel any ideas to reach that? It should be at one point I guess.. Maybe the SEC will force them to remove Bitcoin pairings. After all the whole thing is a fraud. Link to comment Share on other sites More sharing options...
Simoun Posted March 8, 2018 Share Posted March 8, 2018 US exchanges Kraken, Poloniex, and Bittrex, account for approx. 14% of XRP trading volume. Poloniex is currently applying to register with SEC. Not sure with the other two, but they aren't listed with SEC. I bet they can if they need to. SEC will weed out the bad actors. Link to comment Share on other sites More sharing options...
kuyu Posted March 8, 2018 Share Posted March 8, 2018 17 hours ago, Karl said: MtGox trustee selling pressure regarding BTC/BCC might also be a factor for the actual low price situation. https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/ that seems to be the most sensible answer at this moment. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now