Raiblocks works. It's only on a couple of smaller exchanges so it's making some suspect they're in on the ground floor.

As the market cap climbs, people who missed the train need to justify why they didn't see it coming. You saw the same sort of negativity a month ago with BTC, too.

Great day to go shopping! I got limit orders on BTC @ 11800 and 8800.

Lol, so everyone hates XRP again? I hate it but it's a necessary portfolio hedge I'd think.

I might have missed this discussion, but why are the prices for BTC and other coins at different exchanges so far apart? Shouldn't those be getting arb'd down to small amounts?

Mostly tether related at the moment

SALT launched their loans and the coin dipped 25%.

i'm shocked that there aren't hundreds of bitcoin millionaires lining up for the chance to pawn millions of dollars worth of bitcoin to obtain a high-interest collateralized loan.

Not to get into a debate over XRP as many people like it. In my opinion, its severely overvalued and people investing at this time need to familiarize themselves with two things: Market Cap And Dilution. If you are not aware of the dilution occurring with XRP, you should do some research. If you are aware and it fits your investment criteria then its your prerogative.

Ripple doesn’t suck bc of its valuation, which is totally whatever... you guys are looking at zomg it’s $0.20 it can go to $200. Supply is whatever doesn’t really matter to me.

It sucks because you guys are the most idiotic gamblers and investors on earth. People investing in ****coins rn will go down as more moronic than those in the 90s who bought stocks just because the company launched a website.

Nothing ripple does right now has anything to do with xrp. When you guys figure it out, it will be too late because now everyone is gonna get rekt thanks to you idiots buying iota. Ripple. Golem. Gnosis. Lmfao

Aggo, do you say anything positive about anything, ever?

Jeez what's your strategy? Are you moving your entire BR from pump to pump?

No. Because I don’t share my trades here anymore.

and cuz ur a puss?

+1000

-1000

which part of the quoted do you disagree with?

I mean if you're a momentum/trend follower or trying to pull a Soros "when I see a bubble I jump in and throw fuel on the fire" that's one thing but it seems to me the majority of the people loading up on ripple, cardano, iota etc aren't of that ilk, they're more like the donks playing $25 NL on Party back in 2004

Any of you guys have experience using the bitcoin.tax website and importing your Binance transactions? Its telling me to create a read only API and asking for keys but when I create the file and set it to read only the secret key disappears and I can't reveal it with 2fa. I can see it before I set it to read only. Trying to get this done but don't wanna give them access to my coins or anything. I assume I would delete the API after importing the transactions?

I think pretty much everyone agrees that the bubble will burst for majority of coins and even all the good coins will lose significant % of their value and then they will rise through the ashes.

Thing is, are there any indicators that we have to know when the bubble is about to burst? Given liquidity issues and issues with exchanges, pretty much everyone will be left in tatters once things start going south so is there a way to identify an ideal time to get out?

I'm investing in altcoins as I'm getting much better returns than market (with money I'm OK losing) - but I want to know when is the best time to get out? Is it essentially when your crypto portfolio grows to a significant % of your total wealth that you are no longer comfortable losing a significant % of it?

Here is someone saying something along the lines of what I was trying to explain.

The first response in this thread mentions burning factoids...

https://www.reddit.com/r/factom/comm...anding_factom/

my understanding is all users of the ripple network need to hold some xrp to pay a tx fee, then that xrp is destroyed?

so that would mean increasing demand as users increase, increasing demand as transactions increase (need to keep topping up xrp), and decreasing supply of xrp with each transaction.

sure you dont need to transact in xrp denominations, and you cant buy anything...but this seems a pretty good supply demand scenario if true.

Litecoin is the answer to all of 2017’s troubles. I Can’t wait to revisit this moment 365 days from now.

I thought the amount of XRP users needed to hold to use the platform was trivial? Like $10 worth of XRP would last a heavy user a year or something?
The whole platform might be obsolete before a dent is made in the supply if that $10py is anywhere close to accurate, but I don't know the actual figures. I could be way off.
FOMO is responsible for this pump. New investors caught up in the last month's craziness BTC,LTC hungry to catch a piece of something, along with rumours of CoinBase adding it. After the BCH debacle though I would've though CB would be more judicious/open in their announcing of plans to add other coins?
I use an exchange in Australia called BTCmarkets. It's one of the more trusted exchanges around. They only allow trade on half a dozen coins. XRP is one of them. A$ wouldn't be a large % of total cap but still helping fuel the recent action.

In hindsight having a huge supply is a positive thing because the average person can't grasp fractions.

I appreciate Aggo's input.

Can anyone counter the claim that Ripple the company doing big newsworthy things doesn't necessarily tranlate to XRP the coin being used, like at all?

Only in that Ripple is heavily invested in the fate of XRP and has every reason to want it to do well and try to push it on the banks.