Y'all better start holding MAID.
When that shit go live it's gonna be a rocket taking off
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
Y'all better start holding MAID.
When that shit go live it's gonna be a rocket taking off
What are your thoughts on DOGE?
Where are you storing maid at?
Poloniex
It's a Pump and Dump coin used to catch fools out there
You can indulge just pay close attention and sell once you make money
I've flipped a few dollars easy with those coins. You need patience and timing
Ok..i thought u had a safe wallet for it
I bought some 4/15 for 36
Surprised this hadn't been posted yet:
Q1 2017 XRP Markets Report
Apr 18, 2017 | Miguel Vias
Image: Shutterstock
In order to continually improve the health of XRP markets globally, we will share regular updates on the state of the market including quarterly sales, commentary on previous quarter price movement and related company announcements.
Quarterly Sales
In Q1 market participants purchased $6.7MM directly from XRP II, LLC*, Ripple’s registered and licensed money service business (MSB). These buyers tend to be institutional in nature and their purchases include restrictions that help mitigate the risk of market instability due to large subsequent sales.
Market Commentary: A Quiet Start to a Raucous Ending
Though Q1 2017 began much in the same way as Q4 2016, quietly, it ended with a dramatic spike in market activity.
During January and February daily volatility** decreased to 2.47%, significantly lower than Q4’s already stable 3.26%. Average daily volume in those first two months fell to $1.22M, 55% lower than Q4 volumes, and the price slowly moved lower, briefly touching $0.00538 in early March, a level not seen since May of 2016. Much of the decrease in activity could be attributed to the temporary exit of a few prominent market makers, or relative demand for BTC driven by hopes of its ETF approval. Whatever the reason, Q1 2017 was one of the most challenging XRP markets in a long time.
A bright spot was Bitstamp’s successful launch of XRP for USD, EUR, and BTC currency pairs on January 16th. That alone was not enough to turn the tide however, and XRP markets failed to show much life until March 23rd, what was easily the most significant day of the quarter.
On March 23, XRP rallied from $0.0072 to $0.0112, a 56% price increase on an impressive $19.7M in volume, a 1103% increase over the average daily volume up to that point in Q1. Clearly something had changed, but why such a powerful shift in sentiment? Though always difficult to discern in real time, in hindsight, a few key developments may have had an impact.
Lastly, there are a few data points which warrant close monitoring going forward. The percentage of off-ledger trading was only 25.2% in Q4, but that leapt to 71.1% in Q1. Interestingly, and very much related, the percentage of XRP flows that originated from BTC in Q4 was only 45.1%, and that grew to 66.6% in Q1. The data suggest most of the growth in trading volume is coming from off ledger BTC/XRP activity, which supports the theory that the rally in Q1 was driven by market recognition of Bitcoin’s risks, as well as XRP’s advantages.
Why is this significant? In Q1 2017, XRP grew substantially in both price and volume due to off-ledger inflows via Bitcoin. In order for any asset to be successful it needs ample liquidity, something XRP attracted during the quarter. This was a reassuring sign of progress towards the eventual fiat liquidity XRP requires to ultimately be successful for payments, its natural use case.
Q2 2017
We’ve put our ear to the ground and have been listening to important feedback from the XRP community. This includes the need for greater visibility and transparency into Ripple’s vision, strategic use cases for XRP, and plans to increase liquidity and decentralization. To that end, we plan to increase our communications cadence to address this feedback. We also look forward to having a large presence at Consensus in New York in May.
In addition, you may want to watch out for specific announcements in Q2 regarding potential ways to use RCL’s new Escrow feature, as well as our plan to implement a systematic markets operation program designed to add liquidity to the market especially during volatile periods.
Q1 2017 XRP Markets Report
Apr 18, 2017 | Miguel Vias
Image: Shutterstock
In order to continually improve the health of XRP markets globally, we will share regular updates on the state of the market including quarterly sales, commentary on previous quarter price movement and related company announcements.
Quarterly Sales
In Q1 market participants purchased $6.7MM directly from XRP II, LLC*, Ripple’s registered and licensed money service business (MSB). These buyers tend to be institutional in nature and their purchases include restrictions that help mitigate the risk of market instability due to large subsequent sales.
Market Commentary: A Quiet Start to a Raucous Ending
Though Q1 2017 began much in the same way as Q4 2016, quietly, it ended with a dramatic spike in market activity.
During January and February daily volatility** decreased to 2.47%, significantly lower than Q4’s already stable 3.26%. Average daily volume in those first two months fell to $1.22M, 55% lower than Q4 volumes, and the price slowly moved lower, briefly touching $0.00538 in early March, a level not seen since May of 2016. Much of the decrease in activity could be attributed to the temporary exit of a few prominent market makers, or relative demand for BTC driven by hopes of its ETF approval. Whatever the reason, Q1 2017 was one of the most challenging XRP markets in a long time.
A bright spot was Bitstamp’s successful launch of XRP for USD, EUR, and BTC currency pairs on January 16th. That alone was not enough to turn the tide however, and XRP markets failed to show much life until March 23rd, what was easily the most significant day of the quarter.
On March 23, XRP rallied from $0.0072 to $0.0112, a 56% price increase on an impressive $19.7M in volume, a 1103% increase over the average daily volume up to that point in Q1. Clearly something had changed, but why such a powerful shift in sentiment? Though always difficult to discern in real time, in hindsight, a few key developments may have had an impact.
- As the month drew to a close, the Bitcoin scaling debate raged on with no end in sight.
- Throughout the quarter, Ripple, became more vocal about its commitment to XRP and the Ripple Consensus Ledger (RCL) as part of its long-term strategy.
- Ripple announced a new relationship with BitGo to build an enterprise wallet, as well as Payment Channels and Escrow, important RCL features that increase transaction throughput to levels comparable with those of Visa’s network.
- Ripple continued to sign up banks to commercially deploy its enterprise blockchain solution and join its global payments network. Announcements included the addition of MUFG, the world’s third largest bank, 47 banks in Japan and network expansion into the Middle East and India through NBAD and Axis Bank.
Lastly, there are a few data points which warrant close monitoring going forward. The percentage of off-ledger trading was only 25.2% in Q4, but that leapt to 71.1% in Q1. Interestingly, and very much related, the percentage of XRP flows that originated from BTC in Q4 was only 45.1%, and that grew to 66.6% in Q1. The data suggest most of the growth in trading volume is coming from off ledger BTC/XRP activity, which supports the theory that the rally in Q1 was driven by market recognition of Bitcoin’s risks, as well as XRP’s advantages.
Why is this significant? In Q1 2017, XRP grew substantially in both price and volume due to off-ledger inflows via Bitcoin. In order for any asset to be successful it needs ample liquidity, something XRP attracted during the quarter. This was a reassuring sign of progress towards the eventual fiat liquidity XRP requires to ultimately be successful for payments, its natural use case.
Q2 2017
We’ve put our ear to the ground and have been listening to important feedback from the XRP community. This includes the need for greater visibility and transparency into Ripple’s vision, strategic use cases for XRP, and plans to increase liquidity and decentralization. To that end, we plan to increase our communications cadence to address this feedback. We also look forward to having a large presence at Consensus in New York in May.
In addition, you may want to watch out for specific announcements in Q2 regarding potential ways to use RCL’s new Escrow feature, as well as our plan to implement a systematic markets operation program designed to add liquidity to the market especially during volatile periods.
Was just about to post this. Get out now or will there be one last pump before they are gone?
I'd dump them if you have them. Unless check if other exchanges have a coin you may be holding and you can jump it over to another exchange.
Poleinex is the only exchange I fuck with but I'm looking for another one.
Hey fam! how do you purchase XRP on Bitstamp. I can't figure it out. Please help
Did they verify you?
I had that shitty Boolberry and flipped it during its last pump.
If you've noticed these shit coins are the ones that were pumped this past month.
Essentially whales stole money from newbie crypto investors and perhaps Polo caught some slack for keeping shit on their markets.
This is great for real investors as new coins will be added for new pumps and the legit coins will rise in volume.
What other exchange do you trade on besides Poloniex
Just Polo, I tried Bit stamp but didn't want further identification.
The next game we all need to get into is the Initial Coin Offering investment.
If I invested $1000 in the Strat ico last year I would have gotten about 125k coins.
As it approaches $1 less than a year later you can do the math on that come up.
Most whales don't become whales by day trading. They become whales by hitting off ICOs, I learned that from CryptoSqueeze.
Poloniex To Delist 17 Altcoins In May Without Explanation
Cryptocurrency exchange Poloniex has announced it is delisting a record 17 altcoins effective May 2.
The surprise decision came in the form of a tweet on Tuesday, in which the exchange listed assets including Boolberry and Voxels among the unlucky losers.
The other coins to have their time on Poloniex’s books involuntarily ended are Bitstar, Coin 2.1, CureCoin, Horizon, I/O Coin, Myriad, NobleCoin, NuShares, Qibuck, Qora, Quatloo, Rubycoin, ShadowCash, SuperNET and Magi.
While the majority of coins have a relatively small user base and propagation, the results of the decision were palpable across all 17.
Dips in value, some severe, accompanied a storm of protest on Twitter as both users and developers sort an explanation from Poloniex, which has so far not been given.
The responses point to a lack of communication or concrete reasons for the move, with Boolberry staff even asking how they could avoid the delisting.
Altcoins across the board have seen turbulent times over the past months. Spikes in price have affected both the top 10 and many of the rest, with trading enthusiasm seemingly appearing from nowhere causing price spikes. Many of the assets due to disappear from Poloniex - for example, ShadowCash - are no exception.
https://cointelegraph.com/news/poloniex-to-delist-17-altcoins-in-may-without-explanation
The surprise decision came in the form of a tweet on Tuesday, in which the exchange listed assets including Boolberry and Voxels among the unlucky losers.
The other coins to have their time on Poloniex’s books involuntarily ended are Bitstar, Coin 2.1, CureCoin, Horizon, I/O Coin, Myriad, NobleCoin, NuShares, Qibuck, Qora, Quatloo, Rubycoin, ShadowCash, SuperNET and Magi.
While the majority of coins have a relatively small user base and propagation, the results of the decision were palpable across all 17.
Dips in value, some severe, accompanied a storm of protest on Twitter as both users and developers sort an explanation from Poloniex, which has so far not been given.
The responses point to a lack of communication or concrete reasons for the move, with Boolberry staff even asking how they could avoid the delisting.
Altcoins across the board have seen turbulent times over the past months. Spikes in price have affected both the top 10 and many of the rest, with trading enthusiasm seemingly appearing from nowhere causing price spikes. Many of the assets due to disappear from Poloniex - for example, ShadowCash - are no exception.
https://cointelegraph.com/news/poloniex-to-delist-17-altcoins-in-may-without-explanation
So how we get into initial coin offering.
Please share more about this Brethren. I am here for success.
Something like these? : https://www.smithandcrown.com/icos/
http://www.coinschedule.com/?sorts[left]=1
Not 100% sure yet because most are done internationally since SEC rules forbid them domestically.
I'll report back when I find out more but checkout Bitcointalk forum.
https://bitcointalk.org/index.php?board=159.0
However ICO game is way less successful. Many don't pan out.
For those that follow charts, this guy seeing XRP jump in 24-48 hrs he thinks
https://www.tradingview.com/chart/XRPBTC/EIgfRf3S-XRP-FORECAST/
https://www.tradingview.com/chart/XRPBTC/EIgfRf3S-XRP-FORECAST/
Man I was trying to buy more XRP through bitstamp yesterday and could not figure it out. I have been verified already but would like to know how to.
I hope it pumps so i can dump and reload
I bought ETH for .036
I bought LTC for .0078 and sold for .0104 if LTC goes back to 78 again I will buy
Not sure, I primarily use Coinbase, but try buying Bitcoin first I guess and then flip it to XRP.
I'm having a hard time interpreting that. He sees it going past 4 cents?
He's basically saying that it should go to 2846, if it goes past 2846 then it has a chance to grow to it's next resistance level of 2994 and if it goes past that, then we gonna have another big run up. Not sure where it will go just yet. Past few days it's been lingering but now has a lot more volume, so things should make some moves.