All posts made by God27 in Bitcointalk.org's Wall Observer thread



1. Post 9820066 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: criptix on December 12, 2014, 04:48:18 PM
1 Ripple = 0.0175 USD.

Is it worth spending a couple of hundred dollars on Ripple incase it explodes?

Ripple consesus algo is faulty should be very careful

That's stellar's not ripple's.  Jed changed some code when he forked it....



2. Post 9820076 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: ssmc2 on December 12, 2014, 04:55:08 PM
Ripple pump soon to be followed by the inevitable dump.

There is only the pump...



3. Post 9820088 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: BitAddict on December 12, 2014, 04:53:35 PM
1 Ripple = 0.0175 USD.

Is it worth spending a couple of hundred dollars on Ripple incase it explodes?

It already exploded, it is at around 3-4x since one month ago.

BTC already exploded 2 years ago... oh and a year ago....



4. Post 9820120 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: thewayshegoes on December 12, 2014, 04:42:06 PM
I don't understand why Ripple continues to go up so much. I guess the XRP trolls were right?

A lot of them aren't trolls.  A lot of them are bitcoiners themselves and don't see why you don't want to profit off of XRP. Why not use the protocol instead of these scary exchanges while XRP is hot and never leave BTC but keep getting more BTC with your XRP profits.?



5. Post 9820137 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: criptix on December 12, 2014, 05:39:11 PM
1 Ripple = 0.0175 USD.

Is it worth spending a couple of hundred dollars on Ripple incase it explodes?

Ripple consesus algo is faulty should be very careful

That's stellar's not ripple's.  Jed changed some code when he forked it....


The blogpost of stellar says something else though.

I would do more research for yourself just in case you don't miss a run from $0.175 to $0.06 or something.



6. Post 9820195 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: criptix on December 12, 2014, 05:39:11 PM
1 Ripple = 0.0175 USD.

Is it worth spending a couple of hundred dollars on Ripple incase it explodes?

Ripple consesus algo is faulty should be very careful

That's stellar's not ripple's.  Jed changed some code when he forked it....


The blogpost of stellar says something else though.

Is this the post you are referring to? The last page shows the changes he did.

https://stellartalk.org/topic/6698-jeds-technical-explanation-of-the-ledger-fork/#entry67108



7. Post 9820374 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: criptix on December 12, 2014, 06:02:25 PM
1 Ripple = 0.0175 USD.

Is it worth spending a couple of hundred dollars on Ripple incase it explodes?

Ripple consesus algo is faulty should be very careful

That's stellar's not ripple's.  Jed changed some code when he forked it....


The blogpost of stellar says something else though.

Is this the post you are referring to? The last page shows the changes he did.

https://stellartalk.org/topic/6698-jeds-technical-explanation-of-the-ledger-fork/#entry67108

I was referring to this:
https://www.stellar.org/blog/safety_liveness_and_fault_tolerance_consensus_choice/

If you have more information i would appreciate to read it Smiley

This is bias from Joyce, I'd rather read what the community is agreeing on.



8. Post 9830357 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: sherbyspark on December 13, 2014, 06:30:57 PM
someone is pumpin ripple  Shocked

Which exchange has ripple on it? Couldn't fine it.

Calm down its a glitch.

http://www.ripplecharts.com/#/graph/r3Yho378Bww4gT6HXReyFbpDneLgTcBDDw



9. Post 9830404 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: ImI on December 13, 2014, 06:35:44 PM

imo ripple is hurting btc big time

500mio marketcap right now and keeps rising. if it goes to 1000mio the liquidity has to come from somewhere...

Everything is hurting btc, but yes xrp is taking some liquidity out of btc.  But ripple is creating more liquidity for btc as an exchange.



10. Post 9830490 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: podyx on December 13, 2014, 06:43:44 PM

imo ripple is hurting btc big time

500mio marketcap right now and keeps rising. if it goes to 1000mio the liquidity has to come from somewhere...

marketcap is actually more like 150mio because the creators hold most of the assets

I'd speculate that it is more like 238mio.



11. Post 9830722 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: wachtwoord on December 13, 2014, 06:52:40 PM

imo ripple is hurting btc big time

500mio marketcap right now and keeps rising. if it goes to 1000mio the liquidity has to come from somewhere...

marketcap is actually more like 150mio because the creators hold most of the assets

I'd speculate that it is more like 238mio.

lol, sometimes Ripple just x-folds the outstanding number of Ripples and the market cap grows accordingly. Anyone holding Ripple should be institutionalized.

Yes, they distribute xrp all the time so the outstanding number changes all the time.  However, its weird the price goes up with more and more being distributed.  They must be doing something right?

I'm currently waiting for their distributed number as of November 30th.

https://www.ripplelabs.com/xrp-distribution/




12. Post 9849320 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Why won't xrp stop rising?



13. Post 9853396 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: ImI on December 16, 2014, 03:27:49 AM

thats obv Ripple taking liquidity out of BTC.

https://poloniex.com/exchange/btc_xrp



You must mean XRP is taking liquidity out of BTC. Ripple has its own liquidity of BTC. I hold my BTC in my ripple wallet?

Does that make sense?



14. Post 9853411 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: ImI on December 16, 2014, 03:34:06 AM

thats obv Ripple taking liquidity out of BTC.

https://poloniex.com/exchange/btc_xrp



I dont understand this argument

daily volume is nothing...a handful of altcoins have more volume than XRP

poloniex is just a small exchange for ripple

have a look. ripple does 3 mio a day. thats enough to hurt bitcoin. it sucks liquidity out of bitcoin.

nobody really cared about ripple but as it stands it could get a real threat imo.

http://coinmarketcap.com/

Nobody cared about ripple lol

Calm down its not too late, you can still diversify your portfolio and make sure in the future you don't tell people you missed the boat with XRP.



15. Post 9853430 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Walsoraj on December 16, 2014, 04:03:42 AM

ripple fucks bitcoin, that's what's happening here imo.

ripple is fuel that powers a network, a seemingly useless, centralized, closed source, network that no one actually uses, you might be right that its current pump is " taking liquidity out of BTC " but i can't believe these effects will be long lasting. idk who in their right mind would touch ripple after they double the supply overnight. i can't understand why its being pumped, or how the pump has managed to stick...

makes no sense! i dont get it! dont try to explain it to me, I don't wanna hear it.


It's not a pump.

There is only the pump.



16. Post 9853436 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: adamstgBit on December 16, 2014, 04:05:49 AM

ripple fucks bitcoin, that's what's happening here imo.

ripple is fuel that powers a network, a seemingly useless, centralized, closed source, network that no one actually uses, you might be right that its current pump is " taking liquidity out of BTC " but i can't believe these effects will be long lasting. idk who in their right mind would touch ripple after they double the supply overnight. i can't understand why its being pumped, or how the pump has managed to stick...

makes no sense! i dont get it! dont try to explain it to me, I don't wanna hear it.


It's not a pump.

i wouldn't be surprised to learn that ripple is the future of  useless, centralized, closed source, networks, and see it double one last time, on the news, coming soon, i still can't touch it, i just cant!



It will double more than one more time. How many times did bitcoin double?



17. Post 9853480 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: derpinheimer on December 16, 2014, 05:39:10 AM
Pretty much take Bitcoin and make it a piece of shite. Now you have ripple. Because it is shit, it could succeed. Bitcoin being massively superior to Ripple doesnt make it any more likely to come out on top.

That shite is going to make people more money to then buy more BTC.



18. Post 9853489 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: 79b79aa8d5047da6d3XX on December 16, 2014, 05:41:20 AM
How many times did bitcoin double?

about 19.

27



19. Post 9853865 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: macsga on December 16, 2014, 06:40:01 AM

Merrily, merrily, merrily, merrily,
Life is but a dream.
?

It is another, equally silly, song.

WTF!? Is this thread turned into a Ripple speculation one? Grin

PS: Dump incoming...  Undecided

I have speculated that I would not wipe my arse with Ripple. That is about as far as I am willing to go at this stage.

Ditto. Just joking, BTW. I guess Ripple is the next "digital" dollar for some, since it incorporates the "We can print moar overnight", ability. Sigh...

There were only 100 billion ever created. There is like 999,999,700,000.00 now though.



20. Post 9856518 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: magicmexican on December 16, 2014, 01:40:21 PM
How is ripple still alive?

Meanwhile 300$ re-test probably coming this year for sure. Bids near 260$ or something would be good.

Ripple is still alive because people are selling their BTC down to $300 to get into XRP before it hits $.03



21. Post 9857896 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: btcney on December 16, 2014, 04:20:08 PM
Meanwhile Ripple bullish as fuck  Shocked Shocked

Yea, Satoshi must of joined Ripple Labs or something.



22. Post 9858554 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: podyx on December 16, 2014, 05:11:50 PM
Where can I buy ripple? I think it's shit but a centralized currency might eventually take over.

IMO bitcoin has too many wallets, too many programs for it so the average joe gets confused as to which one to use. It's better if he's just getting told "use this, do that" and everybody use the same thing

Do you want to buy with BTC? 

Either way, you will want to start a new account at ripple.com

I use SnapSwap with USD.  You can do an instant deposit within seconds through 13 major banks.

The total number of supported banks is now thirteen. The initial list of supported banks included Wells Fargo, Bank of America, Capital One, Capital One 360, TD Bank, US Bank, PNC, Chase, Citibank.

http://blog.snapswap.vc/2014/11/four-more-banks-are-available-for.html


For Btc, create a wallet in ripple and below is a little tutorial on creating a new bitcoin address inside your ripple wallet to transfer btc to it.

www.btc2ripple.com

https://xrptalk.org/topic/4547-getting-from-btc2ripplecom-to-rippletrade/?hl=btc2ripple



23. Post 9858569 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: paul2000 on December 16, 2014, 05:14:10 PM
Where can I buy ripple? I think it's shit but a centralized currency might eventually take over.

IMO bitcoin has too many wallets, too many programs for it so the average joe gets confused as to which one to use. It's better if he's just getting told "use this, do that" and everybody use the same thing

Then the best thing average Joe can do is to stay with the current banking system!

Nahhh, you will see sooner or later that ripple is a huge advancement upon the current banking system.



24. Post 9858661 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: jaredboice on December 16, 2014, 05:40:02 PM
If it's good for the current banking system then it's no good.

Less fees and transactions in less than 5 seconds is good...



25. Post 9859867 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Blitz­ on December 16, 2014, 08:09:08 PM
Great guys. You're cheerleading each downtrend like stupid and wonder why the people flock to the ripple scam.
Cheap coins are pretty nice though.

XRP is cheaper than BTC.....



26. Post 9860095 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: kenji on December 16, 2014, 08:31:21 PM
better to buy ripple now?

The trend is your friend.



27. Post 9860236 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: rebuilder on December 16, 2014, 08:52:01 PM
better to buy ripple now?

+19% in 24 hours?

Where can I short XRP?

Too late it came down from 30%, it will stay here till 2am est and go up again....grrrr



28. Post 9863355 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Le Happy Merchant on December 17, 2014, 04:12:51 AM
Schiff's video got me thinking. The next rally can't come until Jan 2 because of tax implications.


No doubt people will sale, they have holding out though. They want to file their losses this year for that tax refund check.



29. Post 9866277 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Elwar on December 17, 2014, 10:54:35 AM
I want to buy some ripple, is there a exchanger without a verify?

So your trading strategy is to sell bitcoins at their lowest and buy ripples at their highest?

Just so you know, the Ripple company has full control over distribution. Like the Federal Reserve.

It will never be too late to buy XRP, people who have no idea what BTC is will soon be buying XRP.



30. Post 9866479 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: caw2013 on December 17, 2014, 12:50:56 PM
Can you not see.

Well done Ripple pump squad lol

The same people shorting and drumping Bitcoin are pumping Ripple.

They have decided to do after several months of a Bitcoin bear market when they know noobs will be squirming and will probably dump Bitcoin and put into Ripple just as they are exiting with huge profits.

Do not worry it will not last forever. Check previous peaks and troughs. Market cycles. Low liquidity. Pump and dump groups. Nothing new to see here.

Hodl.

Duplicate....



That's what they said about bitcoin at 8 cents, 2 dollars, 20 dollars, 260 dollars?



31. Post 9868043 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: herzmeister on December 17, 2014, 03:22:35 PM
meanwhile, Ripple at ATH right? wow

Relax, its only up a couple percent the last 24 hours...



32. Post 9868179 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Elwar on December 17, 2014, 03:33:23 PM
Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.

100%



33. Post 9868204 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: noobtrader on December 17, 2014, 03:29:19 PM
meanwhile, Ripple at ATH right? wow

Relax, its only up a couple percent the last 24 hours...

its obvious that ripple is manipulated by teh banks... banks are not allowed to manipulate anything else these days

The ATH is actually $0.10 this time last year for a second.  The banks are putting money in the network right now bringing more liquidity.  However, I wouldn't say the banks are speculating XRP or buying more than 100 which is all they need to trade for a long time.



34. Post 9868239 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: dakota neat on December 17, 2014, 03:36:44 PM
Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.

100%

Ahh nice, so 100% was not pre-mined?

It's not even mined. It made out of thin air like fiat.

Correct but its math based and the 100 billion created at start is all that will be made.  Also, XRP's are destroyed with every transaction so people think of that as its own way of mining...



35. Post 9868315 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: thewayshegoes on December 17, 2014, 03:42:10 PM
meanwhile, Ripple at ATH right? wow

Relax, its only up a couple percent the last 24 hours...

its obvious that ripple is manipulated by teh banks... banks are not allowed to manipulate anything else these days

The ATH is actually $0.10 this time last year for a second.  The banks are putting money in the network right now bringing more liquidity.  However, I wouldn't say the banks are speculating XRP or buying more than 100 which is all they need to trade for a long time.

If even banks only need so few XRP, then why did Ripple make the supply so huge? I remember when there was a 40k XRP per member giveaway on this forum. What is the point of having so many XRP available?

That's anyone's guess.  

I'd say they want this platform to run for a while.  If their goal is to have as many transactions as swift or visa for example, people will start worrying about the xrp's being destroyed.  This would cause the xrp price to skyrocket and then the transfer fee of 0.000012 xrp for each transaction will be even more expensive than where we started with good ole' goldman sachs.



36. Post 9868347 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: adamstgBit on December 17, 2014, 03:45:39 PM
Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.

100%

Ahh nice, so 100% was not pre-mined?

It's not even mined. It made out of thin air like fiat.

Correct but its math based and the 100 billion created at start is all that will be made.  Also, XRP's are destroyed with every transaction so people think of that as its own way of mining...
first there was 50Billion XRP, then one day poeple woke up and found that there was 100Billion XRP.

because magic.

Nah, the protocol started with 100Billion from the start.  Maybe people were refused on how much was allocated at the beginning.  Like for example, Jed, Chris and Arthur might of received 20 billion, Ripple labs might of received 25 billion, and the rest was put in many of accounts with ideas on how to distribute the remaining 55 billion.



37. Post 9868394 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: samson on December 17, 2014, 03:49:45 PM
meanwhile, Ripple at ATH right? wow

Relax, its only up a couple percent the last 24 hours...

its obvious that ripple is manipulated by teh banks... banks are not allowed to manipulate anything else these days

The ATH is actually $0.10 this time last year for a second.  The banks are putting money in the network right now bringing more liquidity.  However, I wouldn't say the banks are speculating XRP or buying more than 100 which is all they need to trade for a long time.

If even banks only need so few XRP, then why did Ripple make the supply so huge? I remember when there was a 40k XRP per member giveaway on this forum. What is the point of having so many XRP available?

I remember selling my free XRP for about $2000 last year

Damn, i think thats the most ive heard from the free xrp giveaway, you sold at the right time, prices wont be like that for a long time.

Ripple Labs treated you well...



38. Post 9868446 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: Elwar on December 17, 2014, 03:51:53 PM
Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.

100%

Ahh nice, so 100% was not pre-mined?

It's not even mined. It made out of thin air like fiat.

Correct but its math based and the 100 billion created at start is all that will be made.  Also, XRP's are destroyed with every transaction so people think of that as its own way of mining...
first there was 50Billion XRP, then one day poeple woke up and found that there was 100Billion XRP.

because magic.

Nah, the protocol started with 100Billion from the start.  Maybe people were refused on how much was allocated at the beginning.  Like for example, Jed, Chris and Arthur might of received 20 billion, Ripple labs might of received 25 billion, and the rest was put in many of accounts with ideas on how to distribute the remaining 55 billion.

That makes Brenton Woods sound like a tea party.

Here's your new currency. We own it all but if you do our bidding we will grace you with a few.

Yea I totally understand what you mean.... However, atleast now, Chris Larsen says he will donate his whole 7 billion to the underbanked.
https://www.cryptocoinsnews.com/ripple-ceo-chris-larsen-to-donate-7-billion-xrp-to-the-underbanked/

 Arthur has some kind of agreement as well, Jed is the rogue millionaire selling $10,000.00 a week till like next August and then selling $20,000.00 a week for the next year after that and way more the year after that in a sick lockup agreement.




39. Post 9868523 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: adamstgBit on December 17, 2014, 04:01:19 PM
Should I start mining Ripple? How much of it was pre-mined? I'm not going to consider it if over 10% was pre-mined.

100%

Ahh nice, so 100% was not pre-mined?

It's not even mined. It made out of thin air like fiat.

Correct but its math based and the 100 billion created at start is all that will be made.  Also, XRP's are destroyed with every transaction so people think of that as its own way of mining...
first there was 50Billion XRP, then one day poeple woke up and found that there was 100Billion XRP.

because magic.

Nah, the protocol started with 100Billion from the start.  Maybe people were refused on how much was allocated at the beginning.  Like for example, Jed, Chris and Arthur might of received 20 billion, Ripple labs might of received 25 billion, and the rest was put in many of accounts with ideas on how to distribute the remaining 55 billion.

That makes Brenton Woods sound like a tea party.

Here's your new currency. We own it all but if you do our bidding we will grace you with a few.

Yea I totally understand what you mean.... However, atleast now, Chris Larsen says he will donate his whole 7 billion to the underbanked.
https://www.cryptocoinsnews.com/ripple-ceo-chris-larsen-to-donate-7-billion-xrp-to-the-underbanked/

 Arthur has some kind of agreement as well, Jed is the rogue millionaire selling $10,000.00 a week till like next August and then selling $20,000.00 a week for the next year after that and way more the year after that in a sick lockup agreement.



yes then they will create another 50Billion XRP to fund more "underbanked" poeple.

They might use that unallocated additional 50 billion they have to fund more "underbanked" people but 100 billion is all that will be created. The want to distribute the XRP to whatever gives them most liquidity and utility.



40. Post 9868611 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: podyx on December 17, 2014, 04:06:04 PM
Yea, I'm gonna feel fucking played if ripple were to take over.

It doesn't matter what currency is the better one. What matters is what the mass population thinks is the better one. And unfortunately, I don't have alot of faith in the mass pop.

However, I do think that ripple is so stupid that even the average joe might discourage it...

Ripple Lab's founders and employees who created ripple were the ones having fun in bitcoin from 2010 to present. Ripple fixes a few things at the same time rubs people the wrong way.  I can spend my bitcoin at the store with my ripple wallet and the transaction will clear fast just like a credit card.



41. Post 9868713 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.39h):

Quote from: SnokkomBTC on December 17, 2014, 04:18:43 PM
F*** Ripple, it's a BTC Forum

Why can't one hold their BTC in ripple for faster and safer transactions?  Who cares about XRP?



42. Post 9868983 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: njcarlos on December 17, 2014, 04:41:48 PM
Once again mods doing a bang up job. Got rid of all the trolls, and now they're working overtime to keep the thread on topic of BTC/USD.

Kind of difficult when the thread admin just became a ripple troll Cheesy
Are you suggesting an OP w/ thread moderation privileges supersedes a forum mod?

This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.



43. Post 9869995 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: jonoiv on December 17, 2014, 06:19:31 PM
Are there any bulls left ?

Yes, so I am not buying yet...

https://bitcointalk.org/index.php?topic=896549.0



44. Post 9870011 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: Eal F. Skillz on December 17, 2014, 06:24:47 PM
Are there any bulls left ?

I'm not a bull since Derrick Rose's injury.

Which one, which year?



45. Post 9878062 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: luckygenough56 on December 18, 2014, 01:42:39 PM
Ripple will rise to 0.05 usd then they will unleash the last 70 billions coin and the market cap will bump and surpass bitcoin's one.

That's how you trick the game and win. End of story. Sheeps will follow.

Who will buy it up to $0.05 though, Ripple labs adding to their 70 billion lol? Plus the sheep following?  Because the sheep don't have that much powder.

That's it, who in here is still buying xrp?  The price is still skyrocketing this morning.



46. Post 9884593 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: janos666 on December 19, 2014, 03:04:30 AM
I just sold my 6001 (minus the mandatory 20) free STR for 0.205 BTC -> How can they keep up that pump with people like me (or worse, I could have had several giveaway entries, there was no identity check)? Huh

In the meantime, Huobi seemed to gear up for a big dump but still nothing. Undecided

I sold 10000 yesterday.  I guess its China buying?  Jed buying str with all his xrp's. Everyone is going to sell str when they get it for free in the giveaway next month as well.  Idk how its going up.



47. Post 9885176 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: David M on December 19, 2014, 05:07:19 AM
Although admittedly there's one threat, and it's if Ripple continues its ascent while Bitcoin falls.

Why would the price of Ripple rise above the price of the minimum Bitcoin transaction fee?
It's an IOU anti-spam token.



Here we go again with ripple on this thread.  XRP is the only thing on the ripple protocol that isn't an IOU.  It is there for anti spam though.



48. Post 9885198 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: podyx on December 19, 2014, 05:10:06 AM
Ah, stability. This is what I love to see. The near-perfect balance between greed and fear. With world financial markets in turmoil, Bitcoin is the port in the storm.

Go ahead, fear-mongers and try to tear down that $300 wall. I dare you. You will unleash a beast that is growing restless in his cage. I have never been short in four years of holding Bitcoin and I am just aching to close that position on your asses.

Your move, Gentlemen.

Isn't it you who said you were short and had a good cold storage stash so it didn't matter if price went up or down?

Are you saying bitcoin will collapse if we go sub $300 or what?

Nope, not saying that at all. Bitcoin cannot collapse as long as there are two or more bidders. If bitcoin goes down to a fraction of a cent and I end up owning all of them and nobody wants to buy them, I consider that a win, like a poker player with all the chips at the end of the game. But that won't happen. Capital is fleeing Russia right now and all of the non-oligarchs have only one way to evade capital controls. Care to guess what that one way is?




Doesn't make sense how you would want useless numbers on a computer. Why not buy a bunch of dogecoin or some other useless altcoin if that is your goal?

I can see some people wanting a bunch of useless dollars if it were to hyperinflate, cuz it looks cool and you see it in all the movies but bitcoin, a bunch of useless numbers on a screen? Why?

Looks like the capital fleeing from russia is going into ripple by the looks of it.


There's no way for Russia to get into ripple right now.  However, ripple signed a bank Fidor which has an office in Russia.  So maybe one day but right now its not the ruble going into XRP.

Corrupt CNBC
Russians move into bitcoin as ruble tanks
http://www.cnbc.com/id/102275772




49. Post 9889751 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: jonoiv on December 19, 2014, 03:13:17 PM
https://www.cryptocoinsnews.com/bitcoin-not-currency-says-australian-tax-office/

Quote
The role of the GST or the Goods and Services Tax will now come into sharp focus. Under this law, the use of bitcoin will apply twice to some Bitcoin transactions, both to the goods and or services being supplied, and to the use of bitcoins as a method of payment. Bitcoin exchanges and markets will have to charge GST on the full value of the bitcoins they supply to residents of Australia, and not just on commissions

Ooops

That's why we send them down there ... not very smart those Ozzies. Quite good at sport tho ... I guess it's all that time spent not reading books



I assume it applies to all crypto, in which case Ripple will be illegal in Australia.

Yes, but Ripple Labs is trying to do something about this.

Please see the thread below.
https://bitcointalk.org/index.php?topic=880666.0



50. Post 9891643 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: criptix on December 19, 2014, 07:39:42 PM
In other news, Ripple seems to be doing really well today. Grin Glad I dumped my shares just in time before the avalanche. It wasn't a whole lot but I know better than to play around w/ alts with anything more than pocket change.

Nice i dumped yesterday  but still a bit sad that i didnt start to load up at 0.012 when the ripple chills started to advertise here  Cheesy

Im still not convinced that 300 will hold but the wall is pretty big  Huh

XRP won't go below 2 cents again.



51. Post 9891730 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: pinky on December 19, 2014, 07:46:44 PM
XRP won't go below 2 cents again.

Sure, and bitcoin won't ever go below 400.

True but there's some nice consolidation going on over there plus more dry powder onto the network all day.



52. Post 9893008 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: ssmc2 on December 19, 2014, 10:54:12 PM
Where da Ripple fanboys at

Hahaa selling at a loss

Alot of them bought between $0.002 and $0.005 and its holding strong now at $0.02. So now they can buy 6btc for free if they put in $1000.



53. Post 9893265 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: LFC_Bitcoin on December 19, 2014, 11:48:06 PM
Ripple down 16.41% .....moon...... Grin Grin Grin Grin

Well actually in the last 24 hours xrp is down 31% when comparing to bitcoin at bitstamp. BTC/XRP



54. Post 9893303 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: magicmexican on December 19, 2014, 11:56:02 PM
Ripple down 16.41% .....moon...... Grin Grin Grin Grin

Bear trap, Ripple to 10$ in 2015


Meanwhile BTC @double bottom bull trap, going to single digits Sad


What will happen in 2015 that would price XRP at $10 with 99,999,600,000.00 billion issued with 1 company holding 70billion coins, Jed holding around 6billion, and Chris Larsen holding around 7billion?

Just pure liquidity and utility of the protocol right? 



55. Post 9893535 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Don't look now, but it looks like a crypto currency platform/protocol was used for the first time ever in the banking world today. Wink

https://bitcointalk.org/index.php?topic=899969.0



56. Post 9898286 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: LFC_Bitcoin on December 20, 2014, 10:17:20 AM
Give up bears.

Take your bull shit over to the failure that is XRP.

Why is XRP a failure?



57. Post 9898306 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: 8up on December 20, 2014, 10:52:30 AM
Thanks to crashing XRP, bitcoin might see a substantial influx of money in the next days.

The high this week was $0.028 and its now $0.025. That's a crash?



58. Post 9898434 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: cbeast on December 20, 2014, 03:36:15 PM
Thanks to crashing XRP, bitcoin might see a substantial influx of money in the next days.

The high this week was $0.028 and its now $0.025. That's a crash?
That's less than a bitcoin fee.

Yep ripples fee is 0.0001 of that



59. Post 9899979 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: Miz4r on December 20, 2014, 04:33:18 PM
The problem is, as Ripple labs and those other 2 guys hold something like 80% of XRP.   As soon as some bad news comes, they could cut their loose, before the market even knows of a problem, the market could be literally wiped out almost instantly.  

Ripple is a risk too far for me.  I want to see counterparty make it, I might buy in at some point.

That, and also I don't think many 'ripplefans' even understand what XRP is used for. They just buy it because they see it's going up for whatever reason, and then they come here on a Bitcoin forum to cheerlead for it and try to get some more suckers into something they don't understand. Roll Eyes

why are bitcoiners any different?

Oh there are certainly those who don't understand what BTC is about at all and just buy it because they want to profit from it, but I don't see them spam rippleforums and cheerlead for BTC there. On average I do think bitcoiners have a bit more understanding of what Bitcoin is and have other reasons for getting into it besides hoping it goes up.

There are trolls who cheerlead for xrp that missed the btc boat or were never accepted here. There are good people here who have been in bitcoin for years and also see the positives in ripple without investing in xrp.

The people who will make money wont generalize everything but instead be open for change.



60. Post 9915231 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.40h):

Quote from: Tzupy on December 22, 2014, 01:35:49 PM
Someone willing to bet that XRP will collapse this week?  Tongue

Wait for the weekend, XRP should drop like a rock. Grin

I'll take this bet.  No collapse or drop just non movement.



61. Post 9980418 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.42h):

Quote from: aminorex on December 30, 2014, 04:14:24 AM
This looks nice:  http://test.casheer.net/mission/

That's built on top of ripple right?



62. Post 9989347 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.42h):

Quote from: cbeast on December 30, 2014, 06:58:44 AM
Not much info on the nuts and bolts, or the business model. It does look nice.
As long as they don't use the Purse.io model... (get real money/btc from customer, pay merchant with stolen credit card).
Or the Ebay model, only keep records for 60 days while credit card can charge back beyond that.

Here's something. They make money off arbitrage.

 http://test.casheer.net/press/3624/



63. Post 9989919 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.42h):

Quote from: JorgeStolfi on December 31, 2014, 03:01:58 AM
Not much info on the nuts and bolts, or the business model. It does look nice.
As long as they don't use the Purse.io model... (get real money/btc from customer, pay merchant with stolen credit card).
Or the Ebay model, only keep records for 60 days while credit card can charge back beyond that.
Here's something. They make money off arbitrage.   http://test.casheer.net/press/3624/
Arbitrage was how BitcoinRain, the first Brazilian bitcoin investment fund, made money to pay 10% interest per month on the clients' BTC deposits.  Until a client asked to withdraw his ~1000 BTC, at which moment the site was (bit)coincidentally hacked and sorry folks but all your coins are gone.


Lol yea 10% interest is a different story



64. Post 10131470 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.46h):

Quote from: podyx on January 12, 2015, 11:52:34 PM

I guess he's invested in the network thing but not the currency itself

I agree with this as network being company share. However, he might of been gifted 10 million xrp's as well.



65. Post 10284722 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.54h):

$250 is the new $350...we will again just trickle down to $200.

Then over the next 3 months we see more bankruptcies and etc.  Not really effecting the price.

At $200, will the next BIG STORY be down to double digits or $450....nobody knows.


Place your bets and have fun.




66. Post 10284831 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.54h):

Quote from: shmadz on January 28, 2015, 03:40:55 AM
$250 is the new $350...we will again just trickle down to $200.

Then over the next 3 months we see more bankruptcies and etc.  Not really effecting the price.

At $200, will the next BIG STORY be down to double digits or $450....nobody knows.


Place your bets and have fun.



I've recently become less bullish on price. Previously I was buying set amount of CAD per month that we stay below 400 CAD.

Moving forward I will be only buying a set amount of BTC per month so if this thing does indeed keep going south, I'll be losing less and less each month.

I'd agree buying in terms of weekly or biweekly or monthly under $300 is a good investment.  I would re-evaluate once it goes above $400 again, not saying take all profits though.



67. Post 10284936 (copy this link) (by God27) (scraped on 2020-04-04_Sat_13.54h):

Quote from: shmadz on January 28, 2015, 03:57:41 AM
$250 is the new $350...we will again just trickle down to $200.

Then over the next 3 months we see more bankruptcies and etc.  Not really effecting the price.

At $200, will the next BIG STORY be down to double digits or $450....nobody knows.


Place your bets and have fun.



I've recently become less bullish on price. Previously I was buying set amount of CAD per month that we stay below 400 CAD.

Moving forward I will be only buying a set amount of BTC per month so if this thing does indeed keep going south, I'll be losing less and less each month.

I'd agree buying in terms of weekly or biweekly or monthly under $300 is a good investment.  I would re-evaluate once it goes above $400 again, not saying take all profits though.

Grand plan was buy below 400 sell above 800.

If this little experiment fails, it doesn't change my life one way or the other.

If it succeeds? ... bah, who knows?

I just never trusted the price increase from October 2013 and there after.  

Coinbase and other truthful exchanges should be able to survive and profit with bitcoin at a dollar.  

What's the next thing that makes the price of bitcoin go up? Not the value of these startups and ETF's?



68. Post 10674914 (copy this link) (by God27) (scraped on 2020-04-04_Sat_14.02h):

Quote from: Ezmoneyezlife on March 06, 2015, 12:21:56 AM
dafuq, two rumors? auction bids at 30% above market, and china legalizes bitcoin?

People have already dismissed both rumors, but:

The "China" rumor comes from this interview with a Chinese lawyer, published
Feb/27:
https://letstalkbitcoin.com/blog/post/a-chinese-lawyers-thoughts-on-crypto
Quote
What is the legal landscape like in China regarding DACs and cryptocurrencies?

The legal landscape is still vague in China, just like in any other jurisdiction. However, China’s regulatory environment in this area is generally much more relaxed than that of the US. In my view, China is one of the most suitable jurisdictions around the world where entrepreneurs can experiment on many pioneering business models in relation to DACs and cryptocurrencies, while most of them are clearly or implicitly banned in the US. The government in China is generally tolerant, so long as your business is not designed as a fraudulent scheme. Among others, Bitcoin and like cryptocurrencies have been officially recognized as lawful virtual commodities and are therefore OK to trade, which explains why there are so many exchanges in China where spots and even futures and other derivatives are traded. The only restriction imposed here is to block financial institutions and third-party payment processors from aiding cryptocurrency businesses (yet there are still many loopholes in reality to circumvent or even penetrate that restriction). And for cryptocoin crowdfunding or crowd sales, it is even restriction free in China. That means the initiators usually don’t have to worry about facing the charge of “illegal securities issuance,” as they are likely to suffer in the US.

He is just describing the situation that has existed and been widely known since the PBoC decrees of Jan/2014, and was confirmed and reaffirmed many times since.

The "auction bids at 30% above market" seems to have originated from this tweet.  Subsequent tweets of that user suggest that it may have been just a joke or misunderstanding.  The USMS does not reveal the winning prices, and AFAIK no winner has yet volunteered that information. (The USMS informed that there were 14 distinct bidders this time against 11 of the second auction; perhaps that was the "30%" increase.)

On the contrary, Tim Draper (who did not bid) said that probably auctions are bargain buys.  That may be a hint that he got his coins below market on the two previous occasions.

At the first auction, Tim Draper collected ~30'000 BTC that he said would be used to "provide liquidity for" (i.e. "sell at") the Vaurum fund/exchange that he has invested in.  At the second auction he got 2000 BTC that (IIRC) he planned to split among various bitcoin startups that would be incubated by Boost, his son's venture.


Yep, its obvious that noone will buy from auction above market while its in the bear mode, Draper became one of the largest bagholders and simply has a butthurt, warning people about the agenda behind those auctions. BTC is going to retest sub 200$ this month, because btc market owners what the final shake off before they will allow market to have a solid and stable upward movement for their OWN sake due to huge stashes they have. They just wanna be a new financial elite (sort of wallstreet douches).

What asset will the smart money go to while we retest $200?



69. Post 10766468 (copy this link) (by God27) (scraped on 2020-04-04_Sat_14.04h):

Quote from: abercrombie on March 14, 2015, 12:02:10 AM
is crypto done??  Huh



I think this is it.  good luck.



70. Post 10766706 (copy this link) (by God27) (scraped on 2020-04-04_Sat_14.04h):

Quote from: mcplant on March 14, 2015, 12:40:17 AM
looking very unstable after that dump. probably seeing the 270's within the next few hours

What asset is going to be moving on up in the next 24 hours while bitcoin goes to 273?

Any guesses?



71. Post 10972463 (copy this link) (by God27) (scraped on 2020-04-04_Sat_14.08h):

Quote from: Sitarow on April 03, 2015, 04:34:32 PM
its hard to reach consensus on some technical detail like block size limit, you think all the miners/devs are going to agree to fuck with the inflation rate and kill bitcoin as we know it...

The miners have nothing to gain by increasing the block size limit.  On the other hand, if they succeeded in delaying the next halving by 2 years, at the current BTC price, they would get about 320 million dollars extra revenue.  

The last reward halving (on 20111-11-11) did not have any visible effect on price.  The price kept rising gradually from the recent low of ~10 to ~13, and lingered there until 2013-01-06, when the first 2013 rally started.  Thus, a postponement of the 2016 halving, by itself, would probably have little effect on the price -- unless the purists go around spreading their FUD and causing the chickens to scramble out in panic...

You speak in what if's with little knowledge of the subject or that mater what "miners" want. No alts for starters...  A larger block size would solve transaction limits as was the original intent.



It would be easier to reach a consensus on some technical detail with a protocol that didn't get taken over by a certain few too fast and so early on old API technology.  It seemed like satoshi knew from the start there was a chance of this happening but not as early as it did.  

If there were enough people using this network, is there a chance they would have a word on the consensus process comparable to banks?
https://rippletest.net/



72. Post 11228163 (copy this link) (by God27) (scraped on 2020-04-04_Sat_14.13h):

Ripple Labs just announced a partnership with western union.

Goodluck



73. Post 24433839 (copy this link) (by God27) (scraped on 2020-04-04_Sat_15.26h):

BTC has finally died.