The Crypto Guy
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- Jun 26, 2017
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Seeing comments above I feel a lot of people will get wrecked.
Explain please.
Seeing comments above I feel a lot of people will get wrecked.
Well I mean, like I said before I don't actually put up any more money than I'm willing to lose anyway. I have a job and a pension and I'm not using this as some kind of retirement plan. It's just more of an educated gamble.
With that said you're probably right.
Still, the value of Ripple isn't going to be solely determined by the amount in circulation. That amount is going to be heavily hedged as soon as banks and larger companies get involved in a big way (someone or an organization just bought 900m XRP for example). In tandem with this higher prices make payments cheaper; big companies (and individuals) looking to move big sums of money will benefit from a higher value of any currency they use because of the volume of movement. The large buy above is just the beginning as many institutions and companies will need to hold large stores of XRP to provide and control liquidity; right now the market value is mostly being driven by speculation as opposed to a heavy supply/demand.
Explain please.
More about the Ripple comments. Lots of new money coming in. People looking at price and thinking it will go up 390240923599320590%.
I mean it's really a bigger discussion than that but at the end of the day Ripple can do everything that BTC can do only better, faster and more secure.
The alts are starting to fly. OMG, LSK (glad I was able to buy back in after my adventures in arbitrage yielded a 10% gain to my stack), BNB, and NEO look like they're at ATHs and up significantly since the BTC run. WTC and I think VTC are near ATHs and are pretty much where they were before all the money starting pouring into Bitcoin. Walton I know should be nearing a major release, and it's the one I think a lot of people are excited about so I think it could explode soon.
My portfolio has doubled in value in the last two days. I'm not sure if I should feel happy or terrified or both. The market is insane right now.
Invest in Ether if you wanna make some real money!!!
Going to overtake Bitcoin eventually. Bought in at a couple thousand when it was at $12. Kicking myself that I didn't put a TON more in. At $52 now...and it's just the start.
You guys think Neo will be the next "big" one? Is $200-300 realistic?
It absolutely could. Definitely one of the ones that has the most potential to be one of the next big ones.
I bought about 800 of them when they were under $10.
BCH on coinbase
Coinbase has it at 8500 at the momentThe pump that's happening right now is INSANE
You realize that was a glitch right and coinbase halted all BCH trading 4 minutes after it went live so nobody was acutally trading at that price..right? Or you continue to do no research?Weird, I was told BCH was a pump and dump back when it was like $800. Still waiting for the dump.
I've not done too well today at all.