Cryptocurrency

[scooterscot]

And this also: The Truth about Ripple (well, someone's version of the truth!)

The 60% that is not in circulation is scary. By comparison I think around 20% of Stellar is not in circulation and even then it is not really accessible to the company, unlike Ripple.

[FrontEnder]

Yeah, I thunk I'll sell my ripple and stay out of it.

[Murder1]

There's a lot of anger from some people in the cyptocurrency workspace. Mention you've got some money in XRP and you get hounded on by the BTC brigade wanting to lecture you in why BTC is the only end solution

[Jog On]

There's a lot of anger from some people in the cyptocurrency workspace. Mention you've got some money in XRP and you get hounded on by the BTC brigade wanting to lecture you in why BTC is the only end solution

It does seem to be 'the establishment's' answer to crypto along with Bitcoin futures and institutional whales all over the space. Listening to the interview with the Ripple guy and hearing him talk about their interledger connecting blockchains and how we need fewer usable interconnected coins/tokens not thousands of them gives an idea of what they have in mind.

I've got some XRP which is doing very well - it's starting to feel a bit like dirty money though...

I'm concerned about BCH - when I got out of BTC I put a 60/40 split of BTC holdings into BCH/LTC - the 40% of LTC is doing better than the 60% of BCH. Bit of a short term view I know but I'm wondering what the near future holds for BCH.

[VirtualMonkey]

lots of dips yesterday.
Looks like XRP is at the end of a cup and handle now though...here's hoping

[psychocandy]

And this also: The Truth about Ripple (well, someone's version of the truth!)

Interesting.... I can see their point and its not ideal that one company has so much control.

It puts me off putting too much into ripple in case they ever feel the need to dump their 60% into the market BUT at the end of the day if its going to make money I don't care for now.

[scooterscot]

lots of dips yesterday.
Looks like XRP is at the end of a cup and handle now though...here's hoping

should both end of the cup not be equal in height? Unless it's a mega pump on the cards...

[scooterscot]

I've got some XRP which is doing very well - it's starting to feel a bit like dirty money though...

Was part of the reason I emptied my XRP for Stellar... and also I prefer decentralised exchanges, XRP is really centralised when you think about it. Controlled by a single group.

ETC coinbase listing still doing the rumour mill... but when.

Bought a wod of bitshares around 8c some months ago, now almost $1 - insane. Rumour is this coin will continue mooning.

[Hobosapien]

Coinbase not adding Ripple XRP, or any other new coin/token for now, citing their previously released criteria for reasons not to.

So no flood gates for XRP and may explain some of the current pull back.

We need simpler access for Joe Public around the world, to keep the momentum going, or no new mad gains.

I've never had faith in the underlying tech of the current favourites, so holding any of them longer term (months rather than days) seems a bigger gamble when all the current profits have been through recent pumping of one form or another.

What's likely to change anytime soon unless simpler better ways of getting involved come online, to suck in all the money that is being frustrated by the current poor exchanges and over complex routes?

Seems a day trading approach is the only sensible one for now. Traditionally that's been the most risky.

[VirtualMonkey]

something I'm struggling to understand at the moment...
When BTC goes down it tends to take the other alts with it and they also dip.
When BTC goes up (as it is right now) all the alts take a dip. Am I reading this correctly?
What am I missing? is it the $ value of the alts is staying the same but the relative value to BTC is dropping?

Scooter...cup and handle. yes you're right. but there seem to be plenty of cases where the shapes can have the same effect when they are relative to the current trend line (i.e. tilt your screen to make the trend line horizontal)
Just me trying to make sense of the graphs