Rawr

From what I've read, no bank actually wants to use Ripple.. instead they want their own thing.

https://medium.com/@twobitidiot/95-crypto-t...18-ca7b74f8abcf

Happy New Year LP.

Here is how one guy put it that I agree with. We have no idea how much of the total coin amount is relevant/not lost either. "Why market cap is irrelevant: Total market cap of bitcoin and some unnamed shitcoins in last 24 hours 72 billions > 64 billions 24 hours trade volume 3 billions(including trading between shitcoins) Even assuming all the volume was from sold coins the market cap went down 3 times more. So everybody concern with the fall in market cap and billions evaporated please take a break and breath. There is no Armageddon happening, no whales running with billions, no Chinese mafioso withdrawing trillions from the market. There are 1 million coins with 100$ price. I sell 1000 coins and the market cap drops to 99$. I pulled out 100 000$ but the market cap dropped by 1 million. Marketcap is irrelevant. And this should scare the shit out of people who invested in coins based on their rank on coinmarketcap."

Not bad!

I wouldn't - its rising while others are falling - good sign. It's now on people's radar - good sign. The coins up and down from it have huge comparative values. (BTC, ETH)

XRP is #2 now.

Question - is there currently any kind of a discharge or heat signature or message strength that could be detected outside our galaxy from Earth? Not that signal we send out with the coordinates, but something that can go WOOP here, and can be detected within a short-ish period of time? What about within 200 years, what could make that happen? Question #2 - does anyone have any hypothesis why corals release themselves on a specific full moon once a year? I just found out there is liquid magma inside the moon. So WTF?

Well, people use btc or eth to convert. Also the idea that your order is stuck for hours, while others pay more and go ahead, that cant affect value? Maybe its tied to mining? I cant think through how but to do that to a cap either a hedge cuts all crypto holdings by a lot, or turning off 30% mining power tells the system - this coin might stop growing, adjust parameters for valuations. Feasible at all?

You guys have a similar feeling I have that this is way over the heads of majority of people? I'm talking as far as even user interface and using the sites. There is no way our parents will figure out Binance. So now we gonna have Goldman set up a trading desk and help those folks. Then we can actually have the masses use this, and it will be regulated by then. What I guess I'm saying is, it's strangely very early, and yet price is already insane for BTC. Somehow the image of being a test chimp comes into mind. There was speculation post by a supposed guru that this likely IS a test, and we'll see a drop for a few years while the kinks are worked out, and then it will be a mass surge that you won't want to miss. Right now the dudes I see on youtube channels explaining crypto stuff...we'll, it's like they could be pitching a weed club membership. On twitter its hardcore devs and traders. Every day 20 cryptos are 30-50% up. You can't even withdraw the coins on some exchanges, while others get hacked. It's surreal.

UFO satellites that are reaching for our pornhub. I don't believe that UFO object would appear for 3 secs, or whatever small times people say, and then disappear. That they would never lower enough to take a normal pic (its always ways off). Also how about the thought that us humans are the most advanced in the galaxy?

https://edition.cnn.com/2017/12/20/us/neil-...nntv/index.html

Congrats on your success.

so what are you doing? pulled the fordGT money and riding the rest? what other coins?

Megachad, why dash again? Pivx stalking is a neat feature, like earning interest. Is your friend in on Monero then too? Has anyone heard of Prizm? Was told about it today, that russians are behind it, and something should be happening with it in a few months, not sure if to do DD or if someone can tell me its not good.

Did anyone ask about the new Apple Homepod yet?

Right, same question i had until last night. Here is my thinking, and someone correct me if/where I'm wrong. First, on the Ripple side, it shouldn't matter what the amount is. Bank A wants to send to bank B $10m. They have 5m in cash, and decide to buy 5m in Ripple. Bank B doesn't care either since they convert Ripple right after receiving. They won't risk holding it overnight. Which begs a question - who really wants to hold these cryptos in large amounts when they not only not rise very fast, but maybe fall? Hold that thought. The other thing is - if you know you'll be using ripple for sure, you're probably going to want to buy it, like now, if banks think they'll need a lot of it later. The question here I have is - is this true? If the bank doesn't care what ripple price as mentioned in the example above, then why would it even go up? Because it's bought? But it's also sold after? Is this seesaw going to establish the ripple price down the line? Now imagine BTC as a goldrush. A real one, like back in the day, imagine gold was found. People don't know what it's value is - they know its shiny and others want it. Whoever has some trades it for stuff. So I think in these terms - BTC is like having another "gold" in your disposal. You will have a choice to give up some gold (and you can't really make more), or to pay cash if gold price currently is low and you'd rather hold. Hence, coming back to the previous held thought - these things will act pricing wise like any commodity. There won't be swings of 20% in a week anymore, it's going to be fractions of that once the dust settles. You'll look at USD/EUR for example, then BTC price, to figure out how to best pay in Europe on that day for your coffee with your US Visa card. Where does it settle at? No clue. One person suggested 5% of Gold supply. The reason I asked for what the fee on Ripple is, is because by the virtue of diminishing the amount of coins, it drives the price up. IIRC bitcoin transactions don't pinch a part of bitcoin?

You just blew my mind, thank you for this post. I finally kind of get crypto currency. Ive always thought of it "cash VS crypto" but it's actually Cash AND Crypto. It doesn't matter how much it's worth, what matters is that you will accept it (spread), and the speed+fees with which we send to each other. It's a...currency! Excuse my possibly stupid question - that cheap processing fee - is that paid in a fraction of a ripple coin?

Megachad, ask your friend about Stellar. Would he think they do something others are not?

Kinda like this - https://www.wired.com/story/i-forgot-my-pin...000-in-bitcoin/

Everything is going up and no one knows why. Awesome.

Care to elaborate? Looking at the site, I'm trying to figure out exactly what an anchor is, and how do you withdraw from one. What happens when everyone suddenly wants to cash out in USD yet there are not enough USD anchors?