The price charts I'm looking at don't show that.Originally Posted by FRANKRIZZO
It's been hovering around 8400 for awhile now.
The price charts I'm looking at don't show that.
It's been hovering around 8400 for awhile now.
Good ol' fashioned market manipulation
https://www.forbes.com/sites/billyba...-manipulation/
Well now it really has dipped under 8000.
7886 as I write this
Fuck
Always tough to know when to bail out when this happens. On one hand, sometimes it bounces back and everything's fine. On the other hand, you have the people who said the same thing when it was 19000, and it retreated all the way down to 3k before coming back up.
So who the fuck knows?
get it together big guy
StockX - Sneaker exchange with a billion dollar valuation.
Belongs here
After what seemed like what was destined to be a march down to 7500 or worse, it stalled at 78xx, and now just breached 8100.
Could be a dead cat bounce though. Guess we will see.
I’m chuckling that you are pondering whether this is happening at this price at this time. Because with all of the doom and gloom predicted about bitcoin since I joined this forum by the folks on here who, as Sanlmar said, are skilled at sniffing out fraud, one should have expected such pondering these four years later at a market price much closer to $81 instead of $8100, no?After what seemed like what was destined to be a march down to 7500 or worse, it stalled at 78xx, and now just breached 8100.
Could be a dead cat bounce though. Guess we will see.
_____________________________________________
Why?
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Little tired but how about this.Why?
Although there’s the poetic similarity it’s about stupid valuation and quarter mill headshotsIn late 2006, programmer Jed McCaleb thought of building a website for users of the Magic: The Gathering Online fantasy-based card game service, to let them trade "Magic: The Gathering Online" cards like stocks
I never heard it was worth 1b..thats crazy talk
Bakkt is finally picking up: https://www.forbes.com/sites/billyba...CnPBvFhrP4TbpY
However, bitcoin has fallen back to its new-normal stable point of 8300 or so, after rebounding to almost 8700 a few days ago.
But this is a good sign that it could rise again, since Bakkt's failure was seemingly the reason it crashed in the first place.
Anybody have any thoughts or comments specifically to XRP/Ripple?
2017 called. It wants its fad cryptocurrency back.
No, but seriously, I think XRP's time has passed. I realize that it inexplicably has popped up about 10% after the all-crypto crash of late September, but I don't see much of a future in it.
XRP shot to mainstream popularity in 2017, mostly pushed by people who felt it was the next bitcoin, and they were getting on the ground floor of something huge.
Even Micon complained how crypto noobs were asking him about Ripple, which made him feel that "the public gonna get rekt in 2018". He was actually right -- there was a massive crypto crash in January 2018, just weeks after he tweeted that. But I doubt that Micon (who had moved most of his crypto worth to bitcoin cash) had converted it to fiat prior to that.
In other news, nobody seems to give a shit that Bakkt is starting to do better. So Bakkt's early failures caused a market crash, and now Bakkt's better numbers are being ignored.
Reminds me a bit of how George H.W. Bush went from 91% approval rate in 1991 to looking likely to lose reelection in late 1992, due to the slipping economy. Strong economic numbers were released weeks before the 1992 election, but by then the public had soured on him due to the 18-month recession prior to that (plus his violation of the "Read my lips, no new taxes" promise), so that news didn't help him at all.
In short, bad news tends to be a lot more powerful than good news.
One of my favorite big casino aphorisms is:
Sometimes good news is good news. Sometimes good news is bad news.
Sometimes bad news is good news. Sometimes bad news is bad news.
The market cycle determines which is which.
“Sell the (good) news” is one example of a 1st level apparent contradiction.
Who knows where Bakkt fit in, honestly.
iirc north korea stole some huge slice of the xrp pie a while back.
bonus iirc its super popular for browser based crypto mining scripts (eg when you visit thepiratebay.org) but i might be confusing it with something else so grain of salt.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Yeah I forget which one was being mined, but yeah, the malware on thepiratebay.org was very prolific. If you aren't computer savvy enough to weave around it, you can end up with a lot of shit doing a lot of things you don't want.
iirc north korea stole some huge slice of the xrp pie a while back.
bonus iirc its super popular for browser based crypto mining scripts (eg when you visit thepiratebay.org) but i might be confusing it with something else so grain of salt.
i was kinda at peace with it during that honeymoon period where it exited when you closed the window, in fact i thought it was a novel approach to monetizing traffic, but apparently there are new versions that run in the background as long as the browser is up, regardless of whether or not you close the tab that spawned it.
thats some bullshit right there.
https://twitter.com/twt/status/911644745608433664
Last edited by sonatine; 10-14-2019 at 04:55 PM.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
2017 called. It wants its fad cryptocurrency back.
No, but seriously, I think XRP's time has passed. I realize that it inexplicably has popped up about 10% after the all-crypto crash of late September, but I don't see much of a future in it.
XRP shot to mainstream popularity in 2017, mostly pushed by people who felt it was the next bitcoin, and they were getting on the ground floor of something huge.
Even Micon complained how crypto noobs were asking him about Ripple, which made him feel that "the public gonna get rekt in 2018". He was actually right -- there was a massive crypto crash in January 2018, just weeks after he tweeted that. But I doubt that Micon (who had moved most of his crypto worth to bitcoin cash) had converted it to fiat prior to that.
If I recall, I think this is the crypto shitcoin with the ridiculously high market cap?
I remember back in the "crypto peak" all of these dumb fuckers on another forum I was on were ranting on how Ripple is going to blow up HUGE. It going to be 40.. 50...60 per coin in a year or two. This is when it was +/- $2.50 per coin. I shit you not, a few of these guys were giving advice such as maxing out your credit as much as possible so you can get acquire all of the shares you can muster. A couple of dudes even mortgaged the family home.
I told them they were monumentally stupid for even suggesting this. Everything else aside, I even attempted
to explain how ridiculously high the market cap already was and how Ripple would have to suddenly become one of the largest companies ever created on earth for these speculators to come close to meeting their cocaine induced dreams.
Well, right now the coin is trading at approximately $.296....and the market cap is nearly $13,000,000,000 at this point. Yes, thats 13 BILLION!
It doesn't take a math whiz to figure out how many hundreds of billions or trillions the coin would have to be at for those "investors" to even come close to reaching their goals.
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