Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
Watching very closely (15 cents)
same thing...XLM is the abbreviation used for stellar lumen although I've heard cats in hear call it STR...idk much about it tho outside of it being a ripple clone headed by one of the former bigwigs @ ripple...ripple and stellar lumen are like mcdonalds and burger king...idk if there's room for both of them to still be standing tall when all is said and done tho...I wish I had studied my head tho and put 1k down when they were still @ $0.002 ...I'm sure someone else can speak on it more than me tho
shit maybe back down to $0.006
the previous high was $0.09 before their partner left and that dropped it to that low we all bought in @ ...man I was completely out of it @ work today...head wasn't in the game @ all smh...can't wait til this shit blow
If Ripple drops below $0.10 thank the Heavens and go in!! I'm at the point I'm trading alts for Ripple.
Ripple is my Bitcoin hedge.
Ripple is my Bitcoin hedge.
I would shoot you some ripple, my good bretha, but Im a greedy and ungrateful bashtid
Help ME!
So hold up! Are they doing a fork to move XRP folks to the coin he made when he branched out and left XRP? I couldn't read the entire thing on my phone but is that it?I might need to read that shit more closely
Ripple Price Rises 70% in 24 Hours
Mark May 8, 2017 Crypto, News
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press statement announcing their partnership with ten major clients. Some of them include: BBVA, MUFG, Cambridge Global Payments, Star One Credit Union, SEB, and much more.
These are big names in the financial services industry and it no surprise the market reacted accordingly. In fact, MUFG is a cryptocurrency project backed by Mitsubishi UFJ Financial Group Inc, Japan’s largest financial group. The fact that Ripple secured such high level clients speaks to the integrity and quality of the team behind the currency.
Furthermore, Kiritoflash from reddit had some good analysis regarding the latest price hike, he said:
If the amount of money flowing into Bitcoin was redirected to Ripple, then it could see another triple in value, sending it over 10x from its previous price floor of $0.05. While this analysis may be overly optimistic, keep in mind that an increasing amount of new money is flowing into cryptocurrency as a whole, so that scenario isn’t unlikely.
Another user from tradingview, Oops_I_Charted, had great technical analysis regarding the latest rise. He said:
He goes on to point out that the weekly and daily RSI (Relative Strength Index) is maxed out across all timeframes. RSI measures the speed and change of price movements, it is considered overbought when over 70 and oversold when under 30. Currently Ripple’s RSI is at maximum, meaning the crypto is overbought. The best strategy according to Oops_I_Charted, is to place some low buy orders and wait for a retrace.
As always trade with caution and only play with what you can afford to loose.
Mark May 8, 2017 Crypto, News
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press statement announcing their partnership with ten major clients. Some of them include: BBVA, MUFG, Cambridge Global Payments, Star One Credit Union, SEB, and much more.
These are big names in the financial services industry and it no surprise the market reacted accordingly. In fact, MUFG is a cryptocurrency project backed by Mitsubishi UFJ Financial Group Inc, Japan’s largest financial group. The fact that Ripple secured such high level clients speaks to the integrity and quality of the team behind the currency.
Furthermore, Kiritoflash from reddit had some good analysis regarding the latest price hike, he said:
"Well, over $4,000,000,000 (Four-Billion Dollars) was put into Ripple in the past week increasing the price from $0.05 to $0.14+. That is a lot of money to invest. If the amount of money that is in BitCoin (25,500,000,000 – Twenty-Five-Billion-Five-Hundred-Million) was in Ripple the value would be $0.67. (25,500,000,000 / 38,000,000,000 – Market Cap divided by Coin Supply)."
If the amount of money flowing into Bitcoin was redirected to Ripple, then it could see another triple in value, sending it over 10x from its previous price floor of $0.05. While this analysis may be overly optimistic, keep in mind that an increasing amount of new money is flowing into cryptocurrency as a whole, so that scenario isn’t unlikely.
Another user from tradingview, Oops_I_Charted, had great technical analysis regarding the latest rise. He said:
"I’m in disbelief that it’s already moved up another decimal point, I didn’t see that coming for a long time. And for some reason even though it’s gotten very high very fast, for some reason it feels really strong, where as in the past it usually feels like it’s about to do a 100% retrace dump at any second."
He goes on to point out that the weekly and daily RSI (Relative Strength Index) is maxed out across all timeframes. RSI measures the speed and change of price movements, it is considered overbought when over 70 and oversold when under 30. Currently Ripple’s RSI is at maximum, meaning the crypto is overbought. The best strategy according to Oops_I_Charted, is to place some low buy orders and wait for a retrace.
As always trade with caution and only play with what you can afford to loose.
I know its good to dream big, but here is the part where I start to curb my enthusiasm
Props for the infoRipple Price Rises 70% in 24 Hours
Mark May 8, 2017 Crypto, News
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press statement announcing their partnership with ten major clients. Some of them include: BBVA, MUFG, Cambridge Global Payments, Star One Credit Union, SEB, and much more.
These are big names in the financial services industry and it no surprise the market reacted accordingly. In fact, MUFG is a cryptocurrency project backed by Mitsubishi UFJ Financial Group Inc, Japan’s largest financial group. The fact that Ripple secured such high level clients speaks to the integrity and quality of the team behind the currency.
Furthermore, Kiritoflash from reddit had some good analysis regarding the latest price hike, he said:
"Well, over $4,000,000,000 (Four-Billion Dollars) was put into Ripple in the past week increasing the price from $0.05 to $0.14+. That is a lot of money to invest. If the amount of money that is in BitCoin (25,500,000,000 – Twenty-Five-Billion-Five-Hundred-Million) was in Ripple the value would be $0.67. (25,500,000,000 / 38,000,000,000 – Market Cap divided by Coin Supply)."
If the amount of money flowing into Bitcoin was redirected to Ripple, then it could see another triple in value, sending it over 10x from its previous price floor of $0.05. While this analysis may be overly optimistic, keep in mind that an increasing amount of new money is flowing into cryptocurrency as a whole, so that scenario isn’t unlikely.
Another user from tradingview, Oops_I_Charted, had great technical analysis regarding the latest rise. He said:
"I’m in disbelief that it’s already moved up another decimal point, I didn’t see that coming for a long time. And for some reason even though it’s gotten very high very fast, for some reason it feels really strong, where as in the past it usually feels like it’s about to do a 100% retrace dump at any second."
He goes on to point out that the weekly and daily RSI (Relative Strength Index) is maxed out across all timeframes. RSI measures the speed and change of price movements, it is considered overbought when over 70 and oversold when under 30. Currently Ripple’s RSI is at maximum, meaning the crypto is overbought. The best strategy according to Oops_I_Charted, is to place some low buy orders and wait for a retrace.
As always trade with caution and only play with what you can afford to loose.
Now this is a likely scenario that I will love. I just used ETH to buy some Ripple on Kraken and it took 30 min. The price went up almost 2 cents in that time. Additionally this will bring more people into the market for XRP.
I just sent over 1000, I didn't see where I could add a message. Thanks again!!!!
Appreciate it fam, Just came through!
How did you do that? Mine still only has the first three Bitcoin, Etherum, and LiteCoin. How do you get Ripple to appear there?
This is what Master Fard Muhammad told me in my dream on the day I bought ripple and stellar!
Slamalaikum!
yeah that is lesson may of us learned back when it was cheap and under 2 pennies
back then you could fuck off 100k and buy back like it ain't shit
lesson learned, huh bruh. We gotta stay focused
Its still cheap. I haven't had a beer weekend in weeks. Watching Poloniex charts is killing me! but i love it!
yep lost 400+ million worth of ppl's $$$
man is that fucking coinbase???????
na...just seems like to add some more publicity to XLM and to get more folks vested in it they're giving away some for free to those who own bitcoins and possibly ripples...don't know the criteria for collecting it or w/e the case may be...if it includes me then I'm interested
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