Xrpdude 792 Posted January 25 Share Posted January 25 5 hours ago, Troote said: That's because Bitrue will give 1 FLR per FLR IOU whereas Poloniex will give a fraction of a FLR per XFLR IOU. The products are different. How do you know they'll give a fraction, won't it be at least 1:1? But most likely 1.0xx:1? Link to post Share on other sites
Troote 1,309 Posted January 25 Share Posted January 25 48 minutes ago, Xrpdude said: How do you know they'll give a fraction, won't it be at least 1:1? But most likely 1.0xx:1? Because they say so. https://support.poloniex.com/hc/en-us/articles/360059061054-New-Poloniex-Listing-Spark-IOU-XFLR- Quote [IOU] (XFLR) is a tradable IOU token that entitles the users who held XRP at the time of the Spark airdrop snapshot to receive XFLR tokens before the network launches. Once the Flare network launches and we list Spark (FLR), we will convert all XFLR balances to the mainnet FLR proportionally to what we receive when the airdrop occurs. Link to post Share on other sites
xrp_sea 600 Posted January 25 Share Posted January 25 FLR is trading on par with XRP on Bitrue at the moment. And it's actually trading at a premium to XRP on some foreign exchanges. DannyRipple 1 Link to post Share on other sites
xrp-nuke 495 Posted January 25 Share Posted January 25 ETH new ATH, BTC goes down. Its a pattern already. Link to post Share on other sites
Xrpdude 792 Posted January 25 Share Posted January 25 8 minutes ago, Troote said: Because they say so. https://support.poloniex.com/hc/en-us/articles/360059061054-New-Poloniex-Listing-Spark-IOU-XFLR- converting proportionally does not mean converting a fraction of Link to post Share on other sites
JJJ2 444 Posted January 26 Share Posted January 26 btc did not make 36k. Then we've to see if 28k will support the price. All pairs seem to follow as usual, included xrp. Cesar1810, Jedyka1990 and Rty-Quilla 3 Link to post Share on other sites
Troote 1,309 Posted January 26 Share Posted January 26 (edited) 15 hours ago, Xrpdude said: converting proportionally does not mean converting a fraction of I think you are naive. Unless you can prove to me that the supply of XFLR on Poloniex is smaller or equal to the number of FLR they will receive and redistribute, making that assumption is foolish. "Hope for the best, prepare for the worst" goes the saying. There is a reason the price is out of whack on Poloniex compared to every other exchange that sells IOUs. Edited January 26 by Troote Xrpdude 1 Link to post Share on other sites
Xrpdude 792 Posted January 26 Share Posted January 26 (edited) 6 minutes ago, Troote said: I think you are naive. Unless you can prove to me that the supply of XFLR on Poloniex is smaller or equal to the number of FLR they will receive and redistribute, assuming otherwise is foolish. "Hope for the best, prepare for the worst" goes the saying. There is a reason the price is out of whack on Poloniex compared to every other exchange that sells IOUs. I don't disagree, I wish the FAQs were clearly written on this point. We can only make assumptions at this. Edited January 26 by Xrpdude Troote 1 Link to post Share on other sites
MalluJohn 173 Posted January 26 Share Posted January 26 BCBaker provides a more realistic interpretation of the price of Flare IOUs here. Link to post Share on other sites
JJJ2 444 Posted January 26 Share Posted January 26 Kraken to suspend xrp trading in the USA starting from 29.01. Cesar1810 1 Link to post Share on other sites
Plikk 22,909 Posted January 26 Share Posted January 26 23 minutes ago, JJJ2 said: Kraken to suspend xrp trading in the USA starting from 29.01. old news. Link to post Share on other sites
JJJ2 444 Posted January 26 Share Posted January 26 Just now, Plikk said: old news. to me is new news. BroHamBone 1 Link to post Share on other sites
Plikk 22,909 Posted January 26 Share Posted January 26 3 minutes ago, JJJ2 said: to me is new news. ouch, this ain't stocks, this is crypto. Rty-Quilla, DannyRipple, Neurotoxin and 1 other 2 2 Link to post Share on other sites
billion 41 Posted January 27 Share Posted January 27 anyone here in $GME lol, could've doubled my money in the past day instead of this sorry ass coin.. Bill42069 1 Link to post Share on other sites
strikerjax 664 Posted January 27 Share Posted January 27 2 hours ago, billion said: anyone here in $GME lol, could've doubled my money in the past day instead of this sorry ass coin.. We need the reddit group to pump this coin. Waiting for Brad to announce a tie with gamestop!! Link to post Share on other sites
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