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Cryptocurrency

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    Originally posted by VirtualMonkey View Post
    thanks
    currently at a Christmas performance at my daughter's school so temp stop loss on btc if it drops below 16150.
    after that it's back to xlm I think

    From Satoshi Pay:

    We are currently working very hard on making our product ready for a mainstream launch in December 2017. Apart from Stellar as our default ledger technology, more payment methods will be available for top-up, we will introduce a streamlined user interface and have exciting content partnerships to announce.
    But who?!!
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

    Comment


      Originally posted by scooterscot View Post
      From Satoshi Pay:
      But who?!!
      Which markets are they trying to make good inroads with?
      We know it'll likely be XLM but in China isn't NEO the preferred option of the Chinese government?
      Surely they'll also want a privacy option so Zen?
      Is there a predominant coin in Russia, india and africa?
      Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.

      Comment


        BTC just blasted through $17200! WTF is going on?
        Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.

        Comment


          Originally posted by VirtualMonkey View Post
          Which markets are they trying to make good inroads with?
          We know it'll likely be XLM but in China isn't NEO the preferred option of the Chinese government?
          Surely they'll also want a privacy option so Zen?
          Is there a predominant coin in Russia, india and africa?
          I think mona is popular in Japan for some reason... remember reading that when it shot up a few weeks ago.

          Bitcoin can just **** right off though... why didn't I buy back in at 13k?

          Comment


            Originally posted by FrontEnder View Post
            I think mona is popular in Japan for some reason... remember reading that when it shot up a few weeks ago.

            Bitcoin can just **** right off though... why didn't I buy back in at 13k?
            There will be lots of whys in the near future i think. I bought back in this morning at about 16k.
            Taken a bit of a risk and cashed out at 17300 ish...

            It's moving so fast I have my chart on 1m candles
            Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.

            Comment


              NXT looking strong right now

              Comment


                Originally posted by Agent View Post
                NXT looking strong right now
                think i'm going to hold for a while. Stellar must make a move...I command it to
                Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.

                Comment


                  Just been thinking about the price of some of these cryptos.
                  Items like Stellar and Ripple and inherently useful and have prices measured in the range of a few cents while other coins seem to have comparatively high values ($20+) but seem to have no reason for it.
                  Can anyone explain why alts like XLM and XRP and so low in value?
                  Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.

                  Comment


                    Originally posted by VirtualMonkey View Post
                    Just been thinking about the price of some of these cryptos.
                    Items like Stellar and Ripple and inherently useful and have prices measured in the range of a few cents while other coins seem to have comparatively high values ($20+) but seem to have no reason for it.
                    Can anyone explain why alts like XLM and XRP and so low in value?
                    Because there's lots of them:

                    Circulating supply - value
                    38,739,144,847 XRP - $0.268249
                    17,841,183,161 XLM - $0.139787

                    Compared to:

                    16,736,037 BTC - $17,044.10
                    54,267,358 LTC - $243.44
                    7,748,359 DASH - $775.58

                    Stellar and ripple are designed for high volume, fast transaction times, which take a lot of blocks to process. They're non-mineable too, so perhaps that has something to do with it.

                    Comment


                      Originally posted by VirtualMonkey View Post
                      Just been thinking about the price of some of these cryptos.
                      Items like Stellar and Ripple and inherently useful and have prices measured in the range of a few cents while other coins seem to have comparatively high values ($20+) but seem to have no reason for it.
                      Can anyone explain why alts like XLM and XRP and so low in value?
                      Its to do with total coin supply.

                      Ripple has a large market cap but also a ridiculous amount of XRP tokens.

                      Price = cap / coin supply

                      Comment

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