ya @ this point I don't get the "sky is falling" shit re: XRP
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
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ya @ this point I don't get the "sky is falling" shit re: XRP
I get that but can I send XRP from polo to Kraken? I.e. Without having to sell my XRP for BTC and then transferring to Kraken?
You should be able to send it from one to the other. All information should be encoded or something like that during the transfer. Withdrawal from Polo and deposit into Kraken. Test out a small amount and see if there is a difference in the amount or sum.
Woke up to a sea of Blood.
Polo is baptizing the new money entering the game.
Don't panic sell and do the opposite: get some money into the game and buy large caps and any coins that dumped for very very low prices.
Altseason is coming to an end, but not yet!
Bitcoin has to hit $2000 before that happens and more money comes flying in.
This may be the last opportunity before a massive slow down in altcoins including Ripple as Bitcoin trys for $3000.
Coinbase raised my weekly rate to $1500 I'm going in strong! Lets get it!!!
Polo is baptizing the new money entering the game.
Don't panic sell and do the opposite: get some money into the game and buy large caps and any coins that dumped for very very low prices.
Altseason is coming to an end, but not yet!
Bitcoin has to hit $2000 before that happens and more money comes flying in.
This may be the last opportunity before a massive slow down in altcoins including Ripple as Bitcoin trys for $3000.
Coinbase raised my weekly rate to $1500 I'm going in strong! Lets get it!!!
also brothers. remember that everything altcoin is based of bitcoin. 1 of the posters made this point a while back.
so if btc = 1000 usd and xrp = .1 btc (100usd) then when btc = 2000 then xrp = .1 btc (200 usd)
so even when btc goes up and xrp is holding you are still making money against the market. if my math is wrong someone let me know.
I am in xrp for the long haul. day trading is too stressful to watch this 24/7.
my portfolio has a balanced approach.
30% btc
25% xrp
20% eth/etc/zec/dash
15 % super high risk coins
10% reserve for jump-ins
PSA: XRP = .17 cents as of 7:09 EST
so if btc = 1000 usd and xrp = .1 btc (100usd) then when btc = 2000 then xrp = .1 btc (200 usd)
so even when btc goes up and xrp is holding you are still making money against the market. if my math is wrong someone let me know.
I am in xrp for the long haul. day trading is too stressful to watch this 24/7.
my portfolio has a balanced approach.
30% btc
25% xrp
20% eth/etc/zec/dash
15 % super high risk coins
10% reserve for jump-ins
PSA: XRP = .17 cents as of 7:09 EST
is that w/ a credit card?
I'm hoping stellar lumen can drop a little bit more to a penny or less
I'm def not following this
He's explaining that since XRP is valued against BTC that even when BTC pumps the value of XRP increases against the USD.
If 1 BTC is $1000 then 0.1 BTC is $100.
If 1 BTC is $2000 then 0.1 BTC is $200.
So if you had 0.1 BTC worth of XRP even if BTC went to $2000 and your 0.1 BTC worth of XRP stayed the same you'd now have $200 worth of XRP
This math is wrong. You're not holding btc you are holding xrp, so if xrp stays at let's say .50 usd and btc rises you gain no money because you're holding xrp. When you sell your xrp to btc you get the current value of xrp.
Coinbase keeps giving me an error about my debit card. Can someone help
Thanks
Thanks
You know what you're right I read that wrong and I advised everyone two weeks ago about losing money while BTC pumps.
0.1 BTC of XRP if it remains steady loses the appropriate amount of value against BTC.
In order for 0.1 BTC of XRP to stay at 0.1 it has to rise accordingly with Bitcoin.
So the moral is to hedge appropriately otherwise you'll lose both USD and BTC.
No, its called correction. Ripple will settle much higher than it was before the spike. peaks and valleys man, peaks and valleys...I've been so busy at work lately
Haven't really had a chance to really pay attention to crypto
I just checked the web
I'm looking at everything in the red
My profits are shrinking by the minute ???
WTF is going on with Poloniex & Ripple ???
I need a quick summary, do I need to sell? Is XRP going to keep falling faster?
I have the majority of my Ripple on Gatehub. What do you guys think, is it secured enough or should I move to a desktop wallet? I wish there was a hardware wallet for Ripple. I heard rumblings that Ledger Nano will have a Ripple option by the end of this month
Coinbase is tripping happen to me you just gotta wait and refreshing the browser and keep doing the same until you get it right.
THIS IS EXACTLY WHY THIS THREAD IS CRUCIAL WITH GAINING UNDERSTANDING. MUCH APPRECIATED BROTHERS.
It is outstanding to have some people to brainstorm with and understand the nature of the market. I agree with legal money in that you have to hedge appropriately to prevent catastrophic financial loss. its why I advocate a balanced portfolio.
I keep at 2 BTC in reserve at all times. as well as my altcoins bc no matter who goes up, I still make money.
I'm still hunting for the next xrp. but after starting a new job next week, my time will be limited. rest assured I will check the thread daily though. so I'm trusting the board to keep me posted. hell the job is saying they will send me to Afghanistan for a year bc I'm the FNG. I told them to go right ahead.....on the side, I could use the extra money to dump into altcoins like spaceage and legalmoney.
KEEP WORKING ON AN REASONABLE EXIT STRATEGY. If you find one that involves paying 10% or less, POST IT!
I don't mind paying my fair share of taxes but I said effing fair not effing 20-30%.....esp to a mofo that didn't do nothing to help. My last name aint Hoe.
OR it may be how you are typing in the address. they made me type in words for my address: example: instead of "513 18th street" , I had to type "513 eighteenth street".
Get your Coin Count up cause it's about to really TAKE OFF
http://www.livebitcoinnews.com/ripple-may-announce-extended-xrp-supply-lock-june/
Ripple May Announce Extended XRP Supply Lock-up In June
lot of people are keeping a close eye on what will happen to XRP over the coming weeks. The currency set a new all-time high yesterday, but was dumped hard ever since Poloniex started having “issues” again. This is the third time the exchange suddenly goes blank when XRP is gaining in value. However, it looks like there may be some good news for XRP moving forward, as it is possible the team will announce a coin lock-up soon.
Ripple May Be Moving Toward A Coin Lock-up
Although the following information has not been officially confirmed right now, it poses some interesting trains of thought. To be more precise, there is a rumor Ripple is planning to announce a big move in June of 2017 that could send major shockwaves through the community. It is believed the team will announce an extensive coin lock-up agreement.
In doing so, the Ripple team aims to address any lingering concerns people may have regarding the available XMR supply. Right now, that supply is quite large, although it will not continue to increase any further. In fact, the XRP will gradually decrease, as Ripple transactions using the XRP tokens will result in small amounts of tokens getting destroyed. This effectively reduces the available coin supply over time, albeit it will not see any major drops overnight.
The goal is to make the individual value of each XRP higher more precious over time. Right now, XRP is seeing a significant boost in market share and individual token value. Even though a lot of the positive momentum was undone during yesterday’s Poloniex issues, the market remains very bullish right now. This is quite intriguing, considering XRP has seen a lot of trading these past few days.
The official news regarding the future of XRP – assuming an announcement like this will take place to begin with – is expected to made at the upcoming Consensus 20107 conference. Ripple CTO Stefan Thomas will talk about different consensus mechanisms during the event. If the team successfully manages to address the doubts and uncertainties regarding the XRP supply, things can get very interesting from here on out. It is unclear if XRP can continue its bullrun, though, but for now, there is no reason to despair just yet.
http://www.livebitcoinnews.com/ripple-may-announce-extended-xrp-supply-lock-june/
Ripple May Announce Extended XRP Supply Lock-up In June
lot of people are keeping a close eye on what will happen to XRP over the coming weeks. The currency set a new all-time high yesterday, but was dumped hard ever since Poloniex started having “issues” again. This is the third time the exchange suddenly goes blank when XRP is gaining in value. However, it looks like there may be some good news for XRP moving forward, as it is possible the team will announce a coin lock-up soon.
Ripple May Be Moving Toward A Coin Lock-up
Although the following information has not been officially confirmed right now, it poses some interesting trains of thought. To be more precise, there is a rumor Ripple is planning to announce a big move in June of 2017 that could send major shockwaves through the community. It is believed the team will announce an extensive coin lock-up agreement.
In doing so, the Ripple team aims to address any lingering concerns people may have regarding the available XMR supply. Right now, that supply is quite large, although it will not continue to increase any further. In fact, the XRP will gradually decrease, as Ripple transactions using the XRP tokens will result in small amounts of tokens getting destroyed. This effectively reduces the available coin supply over time, albeit it will not see any major drops overnight.
The goal is to make the individual value of each XRP higher more precious over time. Right now, XRP is seeing a significant boost in market share and individual token value. Even though a lot of the positive momentum was undone during yesterday’s Poloniex issues, the market remains very bullish right now. This is quite intriguing, considering XRP has seen a lot of trading these past few days.
The official news regarding the future of XRP – assuming an announcement like this will take place to begin with – is expected to made at the upcoming Consensus 20107 conference. Ripple CTO Stefan Thomas will talk about different consensus mechanisms during the event. If the team successfully manages to address the doubts and uncertainties regarding the XRP supply, things can get very interesting from here on out. It is unclear if XRP can continue its bullrun, though, but for now, there is no reason to despair just yet.
Coinbase kept giving me an error last night saying that my billing address was incorrect (for 2 different cc's that I tried to register). After "too many attempts" it told me I had to wait and try again in 24 hrs
..Tried to register for Kraken but Im in NY
Thanks ill give this a shot
OR it may be how you are typing in the address. they made me type in words for my address: example: instead of "513 18th street" , I had to type "513 eighteenth street".Coinbase kept giving me an error last night saying that my billing address was incorrect (for 2 different cc's that I tried to register). After "too many attempts" it told me I had to wait and try again in 24 hrs
Tried to register for Kraken but Im in NY
also send a notice to customer support bc that's what I had to do.
What if this crazy surge was because of thjs already
get ready for another crazy few weeks on trading .if they make the announcement at CONSENSUS 2017 in NY then we need to know as soon as the Ripple rep finishes their sentence bc the market will go insane. rumors like this usually prove to be true bc it is too big to hide and people can see the writing on the wall plus the ripple community and bank customer base is calling for the lockup.
for the brothers in New York...If one of you could make this and report back with the inside scoop. please do so.
CoinDesk is proud to present our 3rd annual blockchain technology summit, May 22-24, 2017 at the New York Marriott Marquis.
Hey the reason we are able to get 1000% ROIs is because of Polo.
It's a casino and more than likely cutting shady deals, but like any casino you can make nice if you live within the boundaries.
That's why the first rule we learned was not to get greedy.
Pigs eat, hogs get slaughtered.
Polo is a necessary evil because it has all the volume and none of the other exchanges come close.
Like I advised Sunday don't keep your shit on Polo because I have no doubt the Feds will investigate them in the near future and if they lock up withdrawals we are all fucked.
Only keep a decent percentage of coins in Polo for lending and imminent trading. For ones you're holding research the best wallet to store your coins.
When you are ready to sell transfer them to Bittrex or Krakken and dip.
We have to be diligent about this.
It's a casino and more than likely cutting shady deals, but like any casino you can make nice if you live within the boundaries.
That's why the first rule we learned was not to get greedy.
Pigs eat, hogs get slaughtered.
Polo is a necessary evil because it has all the volume and none of the other exchanges come close.
Like I advised Sunday don't keep your shit on Polo because I have no doubt the Feds will investigate them in the near future and if they lock up withdrawals we are all fucked.
Only keep a decent percentage of coins in Polo for lending and imminent trading. For ones you're holding research the best wallet to store your coins.
When you are ready to sell transfer them to Bittrex or Krakken and dip.
We have to be diligent about this.
Word. I just started lending on Saturday, but I pulled all of my xrp out of polo and placed into cold wallet. I wanted to make a few scraps from lending, but polo crashed one too many times for me. I can't afford to lose no chips.
Thanks LM moving xrp right damn now.
Starting Monday, Koreans will begin trading XRP on their exchange
https://www.cryptoninjas.net/2017/0...none-announces-launch-ripple-xrp-trading/amp/
https://www.cryptoninjas.net/2017/0...none-announces-launch-ripple-xrp-trading/amp/
Rippex wallet
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