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Showing 8 of 8 results by BruceM89
XRP added to BTC Markets in Australia. XRP/BTC and XRP/AUD.
https://mobile.twitter.com/BTCMarkets/status/879917868552396801
https://mobile.twitter.com/BTCMarkets/status/879917868552396801
Huge slump in the altcoin market today was an unfortunate side effect of the bitcoin 'SegWit2M agreement' hype (amongst other factors), creating a perfect extry point for those that felt they missed out - especially for XRP.
I just created a Twitter Account to message my local Australian Exchange - BTC Markets, as they seem to be fairly active on there providing information for some upgrades they seem to be doing (hopefully to get ahead of Australian demand - and avoid the issues Poloniex is having). I asked them if they plan on adding XRP/BTC or XRP/AUD to their exchange, and they confirmed that they will be after they sort out operational issues!
This is great news to see more and more countries coming on board.
Also, if you watch google trends for certain keywords too, for example Ripple or XRP, you will notice that Australia has the highest concentration of trending interest in Ripple - followed by the USA, Canada, UK, Europe and India. This should equal a huge spike in XRP once people start jumping on board. I'm currently working on an analysis of a couple trends and what they may indicate from a global perspective, which I will hopefully post in the near future.
On top of this, the infamous (mainly Australian) Blokes Advice group with 400,000 members in it has a post on Bitcoin with comments about buying Ripple. The interest in Cryptocurrency is definitely getting out there on Social Media!
I just created a Twitter Account to message my local Australian Exchange - BTC Markets, as they seem to be fairly active on there providing information for some upgrades they seem to be doing (hopefully to get ahead of Australian demand - and avoid the issues Poloniex is having). I asked them if they plan on adding XRP/BTC or XRP/AUD to their exchange, and they confirmed that they will be after they sort out operational issues!
This is great news to see more and more countries coming on board.
Also, if you watch google trends for certain keywords too, for example Ripple or XRP, you will notice that Australia has the highest concentration of trending interest in Ripple - followed by the USA, Canada, UK, Europe and India. This should equal a huge spike in XRP once people start jumping on board. I'm currently working on an analysis of a couple trends and what they may indicate from a global perspective, which I will hopefully post in the near future.
On top of this, the infamous (mainly Australian) Blokes Advice group with 400,000 members in it has a post on Bitcoin with comments about buying Ripple. The interest in Cryptocurrency is definitely getting out there on Social Media!
Are you sure xrp will be back in the summer? Because I am feeling very depressed about xrp, its price in recent times can be said to be extremely bad, and now it is tending to continue to drop, this is a bad thing to me and people who have bought xrp. Too many predictions it will come back, too much good news, too many analyzes about xrp but all just make me more depressed, it still decreases and the most stupid thing now is I still believe in it, maybe I am comforting myself. Hopefully this nightmare will soon disappear
I know it can be hard sometimes, as investing is quite literally an emotion rollercoaster, but I am glad you have shared how you feel in your post - specifically that you are depressed.
I think a quick Google image search for "Psychology of a Market Cycle" (The Wall St. Cheat Sheet) will help many people understand where they sit with their emotions over the last few weeks and better equip everyone to respond to the forthcoming market cycles. By the looks of it, we should be moving out of the depression stage soon.
What you need to keep in mind is that the trend is upwards for basically all Cryptocurrencies - so dont sweat the small stuff if you are investing long term.
The talks coming out of Consensus 2017 are quite exciting. There is a section that compares confirmation speed and reliability of the top Cryptos, and examples of the security of the infrastructure backing Bitcoin vs. Ripple between the 10-25 minute mark of the video below.
Youtube
Consensus 2017 May 22 #LIVE Ripple CTO & Blockchain Group Leader
https://youtu.be/YOdtFiVpC3k
It basically demonstrates how much more predictable and fast Ripple is at confirming transactions compared to Bitcoin, Ethereum and NEM. Not to mention that its nodes are hosted in places like a secure Data Centre in Tokyo with state of the art security (vein scanners etc.) and zero down time since 2001(its becoming clear that Ripple only accept the highest quality) - compared to bitcoin being run out of a dirty Chinese warehouse with zero security and maximum potential for down time through faulty electricity/ wiring/ components.
There is also some talk about the XRP interledger which I haven't had time to go through, but within the first 10 minutes (6-9 minute mark) you can see how XRP can be applied to everyday use as an instantaneous payment method, especially in this digital world. They also seem to be actively encouraging the comparison of Ripple against the other Cryptos for real world cases because they know it wins hands down every time.
Youtube
Demonstrating and talk XRP on Interledger - Consensus 2017
https://youtu.be/Al2DlS3pje0
Youtube
Consensus 2017 May 22 #LIVE Ripple CTO & Blockchain Group Leader
https://youtu.be/YOdtFiVpC3k
It basically demonstrates how much more predictable and fast Ripple is at confirming transactions compared to Bitcoin, Ethereum and NEM. Not to mention that its nodes are hosted in places like a secure Data Centre in Tokyo with state of the art security (vein scanners etc.) and zero down time since 2001(its becoming clear that Ripple only accept the highest quality) - compared to bitcoin being run out of a dirty Chinese warehouse with zero security and maximum potential for down time through faulty electricity/ wiring/ components.
There is also some talk about the XRP interledger which I haven't had time to go through, but within the first 10 minutes (6-9 minute mark) you can see how XRP can be applied to everyday use as an instantaneous payment method, especially in this digital world. They also seem to be actively encouraging the comparison of Ripple against the other Cryptos for real world cases because they know it wins hands down every time.
Youtube
Demonstrating and talk XRP on Interledger - Consensus 2017
https://youtu.be/Al2DlS3pje0
You will always have the old school people who don't get into cryptocurrency - they will end up hoarding gold under their matresses instead 
.
It is true however that gold doesn't have anywhere near the same potential for growth in the next 10 years.
.It is true however that gold doesn't have anywhere near the same potential for growth in the next 10 years.
lol i feel an i told you so coming... You are not going to get a lot of buyers back that have been burnt the last week. You wana hope this consensus that your next hope is on is huge
i would like to say R.I.Pple but the ripple protocol will do well like we have all said. but RIP XRP.
i would like to say R.I.Pple but the ripple protocol will do well like we have all said. but RIP XRP.
You can feel it all you want, I'm confident time will prove you wrong though.
At the end of the day, the immature buyers are the ones you want leaving the market.
And I'm fairly certain the high worth individuals backing Ripple won't allow XRP to fall by the wayside. As i said, wait for the regulation of the industry and the institutional investors to onboard.
A few words for those concerned about the recent XRP price dumps.
I've been watching the Poloniex order books quite closely over the last week, and the 'dump' on the 19th of May and today is from certain individuals placing in excess of 500 BTC worth of Ripple on the exchange - momentarily - before cancelling the trade. This happens multiple times in quick succession to scare people into panic selling - which results in a reduced price in the 1000's of satoshis. They then buy while people are panic selling to increase their own holdings at a discounted rate which is essentially subsidised by those panic sellers. They are basically pilfering money from people.
This isn't just a single individual either. It appears to be a coordinated effort.
While these people may be getting rich through the opportunity to buy undervalued XRP, they should also realise that this type of trading on regulated stock exchanges is actually highly illegal.
The positive that comes out of this though, is that it will force regulators to place restrictions on these types of activities in the future and force exchanges to comply with these regulations. So in effect, their unethical actions are pushing us towards the regulation the Cryptocurrency industry desperately needs. This regulation assists with attracting institutional investors (at first) and an excessive amount of money with them.
Once these investors hold their slices of the pie under stricter regulatory rules, you'll see a much more stable and highly valued market.
However, everyone should really be taking advantage of these reductions and buy and hold as much XRP (and other Cryptocurrencies) as you can - I know I am.
I've been watching the Poloniex order books quite closely over the last week, and the 'dump' on the 19th of May and today is from certain individuals placing in excess of 500 BTC worth of Ripple on the exchange - momentarily - before cancelling the trade. This happens multiple times in quick succession to scare people into panic selling - which results in a reduced price in the 1000's of satoshis. They then buy while people are panic selling to increase their own holdings at a discounted rate which is essentially subsidised by those panic sellers. They are basically pilfering money from people.
This isn't just a single individual either. It appears to be a coordinated effort.
While these people may be getting rich through the opportunity to buy undervalued XRP, they should also realise that this type of trading on regulated stock exchanges is actually highly illegal.
The positive that comes out of this though, is that it will force regulators to place restrictions on these types of activities in the future and force exchanges to comply with these regulations. So in effect, their unethical actions are pushing us towards the regulation the Cryptocurrency industry desperately needs. This regulation assists with attracting institutional investors (at first) and an excessive amount of money with them.
Once these investors hold their slices of the pie under stricter regulatory rules, you'll see a much more stable and highly valued market.
However, everyone should really be taking advantage of these reductions and buy and hold as much XRP (and other Cryptocurrencies) as you can - I know I am.
Since i am the 'good luck' troll i thought id jump on to see if it helps you ripplers as hasnt looked good the last few days no matter what news you have thrown at it. I said the next test will be when BTC rallies again to see how many XRP investors were just using it to fatten their BTC supply. Turns out 3bill worth lol.
So the next good news is another exchange adding XRP? i would hope that you guys are more wanting growth from real world usage not just new exchanges adding it. Thats what happened this week with South Korea adding it, causing a flurry. Not how i want a coin im backing to grow as when the dust settles they disappear.
Also this great article you posted - http://www.huffingtonpost.com/entry/ripple-and-xrp-are-more-stable-than-you-think_us_591cb3bee4b0b28a33f62915
has had an edit since it was posted 'Correction: a previous version of this article incorrectly stated that the price of XRP is of no consequence to Ripple with the thinking they only want very low volatility. While low volatility and stout stability is a heavy focus of theirs, they are keen to see the price rise.' Volatility has been mentioned before, this seems to indicate that liquidity providers will wear this risk. Hate to say it but no liquidity provider is going to wear that until its fairly stable either!
Oh and hillarious the article finishes with 'Disclosure: I personally own some XRP.' wouldnt be biased at all lol
So the next good news is another exchange adding XRP? i would hope that you guys are more wanting growth from real world usage not just new exchanges adding it. Thats what happened this week with South Korea adding it, causing a flurry. Not how i want a coin im backing to grow as when the dust settles they disappear.
Also this great article you posted - http://www.huffingtonpost.com/entry/ripple-and-xrp-are-more-stable-than-you-think_us_591cb3bee4b0b28a33f62915
has had an edit since it was posted 'Correction: a previous version of this article incorrectly stated that the price of XRP is of no consequence to Ripple with the thinking they only want very low volatility. While low volatility and stout stability is a heavy focus of theirs, they are keen to see the price rise.' Volatility has been mentioned before, this seems to indicate that liquidity providers will wear this risk. Hate to say it but no liquidity provider is going to wear that until its fairly stable either!
Oh and hillarious the article finishes with 'Disclosure: I personally own some XRP.' wouldnt be biased at all lol
I've been following this forum for a few weeks.. and I think the best way to describe you would be "even a broken clock is right twice a day".
You dont seem to understand that nobody here cares about your irrelevant 'better than thou' attitude whenever there is turbulence in the market. If you want to use BTC as such a shining example of stability, or any altcoin for that matter, maybe you should take a look at the historical data which shows the highs and lows that they have all been through - XRP will be no different. We are however, generally more interested here in investing and advancing the value of XRP over the long term (as we have something called foresight, which you so clearly lack), so this volatility means very little when you consider how much money is on its way into Cryptocurrency.
I think everyone would appreciate posts that weren't just arrogant attempts to manipulate market sentiment, gloating or simply blatant attention seeking.
Here's a fresh new idea for not only you, but everyone who reads these posts - focus on the long term success of ALL Cryptocurrencies. We all stand to gain so much more by spreading the word of their existence, assisting with their integration into real world markets and fostering their adoption into society than we do by gloating over an ultimately inconsequencial and (quite frankly) expected price fluctuation.