Crypto Cryptocurrencies.

RIPPLE

About to crack $2

 

Anyone jump on XRB railblocks recently? Where are you buying it?

 

Ripple had a very good day

 

I assume with your US property investments, that you are able to setup a bank account in the US. If you are, then you should seriously think about setting up an account with a US crypto exchange to get cryto for USD. Someone like GDAX (Global Digital Asset Exchange - GDAX), where you can get crypto much cheaper than local exchanges. For instance 1 bitcoin on GDAX is currently trading at $14200 USD ($18167 AUD on xe.com) and on local exchanges like btcmarkets (BTC Markets - Buy Bitcoins | Bitcoin Exchange) it is $19950AUD. You can sell the USD purchased crypto for that amount on the local exchange and that’s an instant arbitrage opportunity.
You can also use the low fee crypto (such as litecoin or ether) to transfer money back to Australia - same thing buy them for USD on an exchange there and sell for AUD on a local exchange (you'd have to do your sums if it works out cheaper than the usual routes via banks or brokers such as OFX).
Without the volatility, crypto make a lots of sense for people who transact regularly across borders - it has the potential to be cheap and quick.

 

Yup, great day. Briefly touched $2.50 would have overtaken ETH

 

Well, as of right now Ripple has taken number 2 spot. Crazy run!

 

Crazy, probably regret it but took a few off the table just now, better odds of multibaggers elsewhere imp (but who can predict this stuff eh)

 

Regrets .!!
*sigh*

 

XPR $3.50 BTCmarkets

 

You can't. Diverisification is key.

 

I sold Ripple at $2.20 thought it would have another downturn to buy again.
Currently $3.44 on Coinspot.

I need to stop trying to daytrade. I'm almost all in on Verge atm.. waiting for that to go back up.

 

I sold a small anount @ $3.25 to put into railblocks. Im holding on for $5-$6 with Ripple.

 

Are the exchainges taking a flogging today? I have two transactions that have been sitting on BTCmarkets "processing" most of the day, one BTC one Ripple.

Binnance have disabled withdrawls of IOTA and Ripple.

 

Anyone else stocking up on IOTA and LTC at the moment? Very good time to go shopping.....

 

Just added another 1k worth of Iota..Total coin exposure 10k..

 

It sounds like a pyramid scheme.
When the bottom investors started buying,soon the top layer will take their profit out to buy new Alt coins.
Something like “Rinse and Repeat”.
There is a a group called “bitcoin 5%” who makes all the speculation and others follow with a heard mentality. I may be wrong but there are over 1000 cryptocurrencies even one called as OMG!

 

OMG may be a funny ticker name but the company behind it Omnisego is not a joke and a well implemented one with real world application already in place.

 

If anyone wants to look around in the seriously wild land of ICOs, this site may help
ICO check
It is by no means comprehensive (there are literally hundreds if not thousands of ICOs at any one time), it won't tell you everything you need to know or if you should invest but it does bring up some of the red flags and due diligence markers that you should look for.

 

Absolutely nuts & the issue is that only 39% of Ripple are counted (by sites measuring market cap) despite another 6% being owned by Ripple and 55% held in escrow for Ripple.

There are just under 100 billion XRP tokens, so in reality at the peak it had a much higher market cap than Bitcoin (would be slightly lower/roughly the same now).

It blows my mind that these aggregator sites are not including all XRP in existence when measuring the market cap.