xrp-nuke 495 Posted January 9 Share Posted January 9 10 hours ago, Baka said: @Eric123 if you had more cash right now , would you invest more in other coin than XRP? I invest all my cash right now not into XRP, FOMO AF VegitaXRP 1 Link to post Share on other sites
xrp-nuke 495 Posted January 9 Share Posted January 9 11 hours ago, Dario_o said: PLease help me understand why this BTC run-up should last 1 year compared to the previouses (few weeks then crash). Asking for a friend.. Every bull run was more than 1 month, the only problem stays though, we did not have enough bull markets, data is just optimistic. As of time we broke ATH on 16th or 19th December, this is tipping point of bull market, so we are only circa 3 weeks Some people think that it startrd from 3k in march, which is wrong, that time it still was bear market. Just look graphs, once BTC broke ATH it never got back to it. mambli 1 Link to post Share on other sites
Moonraker 930 Posted January 9 Share Posted January 9 (edited) 25 minutes ago, xrp-nuke said: Every bull run was more than 1 month, the only problem stays though, we did not have enough bull markets, data is just optimistic. As of time we broke ATH on 16th or 19th December, this is tipping point of bull market, so we are only circa 3 weeks Some people think that it startrd from 3k in march, which is wrong, that time it still was bear market. Just look graphs, once BTC broke ATH it never got back to it. I still don't understand this. Are you saying you're expecting the price to continue to go up for a FULL YEAR?? This has never happened before so why will it happen now? Edited January 9 by Moonraker Link to post Share on other sites
Moonraker 930 Posted January 9 Share Posted January 9 (edited) Another thing I don't understand - everyone keeps going on about how alt coins will start going up in price once Bitcoin comes down. Again, this has never happened before so why will it happen now? Historically, when Bitcoin goes up in price, all alt coins follow suit and vice versa. Edited January 9 by Moonraker Link to post Share on other sites
strikerjax 664 Posted January 9 Share Posted January 9 (edited) Based on the comparison with 2013. Source is a tweet from Raoul Pal. Edited January 9 by strikerjax added chart VegitaXRP 1 Link to post Share on other sites
xrp-nuke 495 Posted January 9 Share Posted January 9 1 hour ago, Moonraker said: I still don't understand this. Are you saying you're expecting the price to continue to go up for a FULL YEAR?? This has never happened before so why will it happen now? You have access to same graphs as me, why are you trying to deny or play a catch? Link to post Share on other sites
Moonraker 930 Posted January 9 Share Posted January 9 Just now, xrp-nuke said: You have access to same graphs as me, why are you trying to deny or play a catch? Maybe you can show me a graph along with a detailed explanation as it may help? Link to post Share on other sites
Julian_Williams 14,254 Posted January 10 Share Posted January 10 (edited) Eric, I believe you said you are a lawyer. This case has a deadline for discovery (?) on 15 Jan. should we be fearful of this date? Thanks in advance - this stuff is outside my league. Seems it has been rumbling along since mid 2019 Edited January 10 by Julian_Williams VegitaXRP and Neurotoxin 2 Link to post Share on other sites
teavan 6 Posted January 10 Share Posted January 10 1 hour ago, Moonraker said: Again, this has never happened before so why will it happen now? I think this happened in the 2017/2018 run. The altcoin market kept trucking even after BTC started its correction. I acknowledge this is an extremely small window, but looking at the altcoin market as a whole, it did happen. VegitaXRP 1 Link to post Share on other sites
Eric123 9,684 Posted January 10 Author Share Posted January 10 10 minutes ago, Julian_Williams said: Eric, I believe you said you are a lawyer. This case has a deadline for discovery (?) on 15 Jan. should we be fearful of this date? Thanks in advance - this stuff is outside my league. Seems it has been rumbling along since mid 2019 Yes I'm a lawyer, but I am writing this from just a bystander point of view as I haven't reviewed the arguments in depth. To me it seems the suit is irrelevant to the bitcoin price and also I think the claims againt tether and bitfinex are overblown. Max Keiser addressed this very issue in an interview. From what I remember he said that Tether is mainly a way for Chinese and Russians to move money around and it has very little effect on the bitcoin price amounting to I believe 8% of the trading now. Also the fact that Tether has grown something like 800% since the NYAG's lawsuit (and if I'm right this is basically a copy of that) shows that most people aren't worried. I think someone on this thread was posting a doomsday type date for bitcoin. Maybe this was it, I'm not sure and I have that person on ignore. I'm not worried. Julian_Williams, Plikk, captainjack and 2 others 4 1 Link to post Share on other sites
xrp-nuke 495 Posted January 10 Share Posted January 10 1 hour ago, Moonraker said: Maybe you can show me a graph along with a detailed explanation as it may help? You can do it yourself and it was said here multiple times, stop trolling and spend some time doing it yourself. Eric123 1 Link to post Share on other sites
xrp-nuke 495 Posted January 10 Share Posted January 10 11 minutes ago, Eric123 said: Yes I'm a lawyer, but I am writing this from just a bystander point of view as I haven't reviewed the arguments in depth. To me it seems the suit is irrelevant to the bitcoin price and also I think the claims againt tether and bitfinex are overblown. Max Keiser addressed this very issue in an interview. From what I remember he said that Tether is mainly a way for Chinese and Russians to move money around and it has very little effect on the bitcoin price amounting to I believe 8% of the trading now. Also the fact that Tether has grown something like 800% since the NYAG's lawsuit (and if I'm right this is basically a copy of that) shows that most people aren't worried. I think someone on this thread was posting a doomsday type date for bitcoin. Maybe this was it, I'm not sure and I have that person on ignore. I'm not worried. Max what will happen, is that USDT will flow into USDC Julian_Williams 1 Link to post Share on other sites
Julian_Williams 14,254 Posted January 10 Share Posted January 10 14 minutes ago, xrp-nuke said: Max what will happen, is that USDT will flow into USDC Yes it is an attack on tether, so everyone withdraws their tether and puts into any coin they feel is safe, and tether goes bankrupt? Link to post Share on other sites
Begofend 78 Posted January 10 Share Posted January 10 58 minutes ago, Eric123 said: Yes I'm a lawyer, but I am writing this from just a bystander point of view as I haven't reviewed the arguments in depth. To me it seems the suit is irrelevant to the bitcoin price and also I think the claims againt tether and bitfinex are overblown. Max Keiser addressed this very issue in an interview. From what I remember he said that Tether is mainly a way for Chinese and Russians to move money around and it has very little effect on the bitcoin price amounting to I believe 8% of the trading now. Also the fact that Tether has grown something like 800% since the NYAG's lawsuit (and if I'm right this is basically a copy of that) shows that most people aren't worried. I think someone on this thread was posting a doomsday type date for bitcoin. Maybe this was it, I'm not sure and I have that person on ignore. I'm not worried. Where do you get 8 percent of trading? Im Seeing at least 90 percent of daily trading coming from USDT. It may be 8 percent of the market cap but not the daily trading voulme. Link to post Share on other sites
Begofend 78 Posted January 10 Share Posted January 10 32 minutes ago, Julian_Williams said: Yes it is an attack on tether, so everyone withdraws their tether and puts into any coin they feel is safe, and tether goes bankrupt? Who's to say all the money in tether is real and it's all there to be withdrawn? The trillion dollar question. Link to post Share on other sites
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