Official BGOL Crypto Currency Thread ★★★★★

XRP has too much quantity on hand, so unless we see a 200% jump I'm staying put and slowly accumulating.

That's why I don't see how folks can expect this coin to ever hit $10. After studying this market the only way XRP could hit more than $5 is if massive amounts are burned off per day.

That means near universal industry utilization.

$1 is a more realistic goal and we should see the corresponding market value of XRP slowly reflect this over the years.

A pump and dump may occur with whales trying to play on the greed of early XRP investors but the actual currency is designed to be cheap to keep transaction costs low.

think of it like this.....
the dollar is the world reserve currency. all business in trade is done by the dollar. you need the dollar to do business transactions internationally....well take out the dollar and out in ripple as the new fast way to exchange money internationally. the banks will have to hold a certain amount of ripple to exchange in order to do international business transactions. given that banks in japan, china, middle east, and Romania are already testing this protocol....well 36 billion may seem like a lot but omce banks start buying ti up for money transfers it will disappear fast. they are cautious now and doing their due diligence with proof of concepts and experimental testing...but once it goes live....well you see how many countries need the dollar and have it in their holdings. their banks will do the same thing to e able to launder money for the cartels faster (joking here)...maybe. but 36 billion is nothing...like buying amazon stock when it was 20 dollars
 
think of it like this.....
the dollar is the world reserve currency. all business in trade is done by the dollar. you need the dollar to do business transactions internationally....well take out the dollar and out in ripple as the new fast way to exchange money internationally. the banks will have to hold a certain amount of ripple to exchange in order to do international business transactions. given that banks in japan, china, middle east, and Romania are already testing this protocol....well 36 billion may seem like a lot but omce banks start buying ti up for money transfers it will disappear fast. they are cautious now and doing their due diligence with proof of concepts and experimental testing...but once it goes live....well you see how many countries need the dollar and have it in their holdings. their banks will do the same thing to e able to launder money for the cartels faster (joking here)...maybe. but 36 billion is nothing...like buying amazon stock when it was 20 dollars
welp since you put it that way aint no sense in holding back:lol:...good break down though
 
Some motivation for the fam:

Starting at $1.00 if you get a 10% return on each trade, it will only take 145 trades to reach $1M.

that's an interesting experiment/project...see how far you can flip $1 :idea: higher you get tho...harder it might be to get that return
 
It's not even 6 cents
It's 66% of a CENT right now
Gravy money fam...I just dont understand why changelly exchange rates are so bad :yes:; but if this shit hits just $1 thats what 1000% return or maybe more; like 10000%; i think my math is off but you get the point...
 
Some motivation for the fam:

Starting at $1.00 if you get a 10% return on each trade, it will only take 145 trades to reach $1M.

Haha, I've been doing math like this and dreaming.
I was thinking that if I took $100 and made 30 trades at 50% return I'd be at $19M.
It seems like its possible with these coins because everyday there's at least one that goes up 50%+.

We should have a 30 day challenge to see who makes the most with a set start.
 
Looks like Pinkcoin is moving. I flipped that ahit like 4 times already. Going to throw down on Pascal while it's low in a minute too.
 
Please splain
Peace king,

Start with $1.00. A 10% return is $0.10. Total portfolio value is $1.10.

Second trade, $1.10 at 10% is $.11. Total portfolio value is $1.21.

So on and so on.

Put it into a spreadsheet to see for yourself.

145 escalating "trades" will get you to a $1M.

What I did was develop a workbook where I enter my ending portfolio value and it returns the step number I'm at.

I use this to guide my investments because I want to make sure I'm doing this right.
 
Peace king,

Start with $1.00. A 10% return is $0.10. Total portfolio value is $1.10.

Second trade, $1.10 at 10% is $.11. Total portfolio value is $1.21.

So on and so on.

Put it into a spreadsheet to see for yourself.

145 escalating "trades" will get you to a $1M.

What I did was develop a workbook where I enter my ending portfolio value and it returns the step number I'm at.

I use this to guide my investments because I want to make sure I'm doing this right.
Fucking weebey

Thanks b
 
Peace king,

Start with $1.00. A 10% return is $0.10. Total portfolio value is $1.10.

Second trade, $1.10 at 10% is $.11. Total portfolio value is $1.21.

So on and so on.

Put it into a spreadsheet to see for yourself.

145 escalating "trades" will get you to a $1M.

What I did was develop a workbook where I enter my ending portfolio value and it returns the step number I'm at.

I use this to guide my investments because I want to make sure I'm doing this right.
Bingo
 
Haha, I've been doing math like this and dreaming.
I was thinking that if I took $100 and made 30 trades at 50% return I'd be at $19M.
It seems like its possible with these coins because everyday there's at least one that goes up 50%+.

We should have a 30 day challenge to see who makes the most with a set start.

My initial investment outside of XRP was at $500 to get a feel for the trading.

A week later my portfolio is around $100o.

Now I'm more confident I'm pushing in $4k once my bank wire from Coinbase clears and getting this really popping.

The 145 Steps really help me out because it keeps me grounded.

Knowing that you only need 10% to rise to next step means I can take smart choices and plan.
 
Wondering was there any news on PINK or did it just blow up cause some whale came in and bought a lot. I'm thinking, you get someone big enough or a few with enough BTC on any coin to jump on, any morn, buy it up, see a surge in price then dump it after a few hours it levels off.
 
Wondering was there any news on PINK or did it just blow up cause some whale came in and bought a lot. I'm thinking, you get someone big enough or a few with enough BTC on any coin to jump on, any morn, buy it up, see a surge in price then dump it after a few hours it levels off.
we need to do that. I have 10 BTC designated for just day trading, I can get more if we need it. Let me know what yall wanna do?
 
You realize that each can be broken down 100 million more times? Talking Satoshi
yeah mixd ...I do.
But here's the thing. let say the value is set and stable at 5 dollars US. when the banks all over the world are moving millions to tens of millions of dollars then much ripple will be required. the small break down denominations are for regular folks and traveling tourists who need a few hundred here or there out of the country. ESP since ripple proof of concepts are already underway with moneygram and western union. I can see where using ripple becomes the norm. esp if it is stabilized. my best guess is that it will be at the 5-7 USD mark but others are saying upwards of that. we shall see bc time will tell. but rest assured these folks are looking at it hard. even the transaction companies are starting to sweat now bc they will lose a ton of money and customers when/if ripple goes into effect.
 
Bitcoin is on a high today and not coming down anytime soon, they think it will hit about 1040 these others on TradingView were saying.
 
GAME is down significantly right now, what do you guys about that? any chances it's going up soon?
It's really not showing any shadows on the sticks that show any significant jump. If you do, jump out after 1k satoshi.

Meaning jump in at .00024800 or so, then get out at .00025800 or .00026000
 
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