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Is anyone else starting to become a bit excited?

q85dw7osi4lebg

As per title, have we reached the bottom ?

Don't think we'll see the likes of $3200 ever again.

$5150 at time of posting.

Back in the mainstream media once more.

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cnocbui

The Perth Mint is working on a Crypto backed by government guaranteed gold. I'll bet that proves popular.

JJJJNR

Reading about libra over the weekend, those partners have pulled back because involvement would mean they are going to be under more scrutiny from the SEC. They are still there, but not in the same capacity. Hopefully by reaching out to libra recently this will bring things with IBM a bit closer to arranging a partnership. Current long trade based on this happening is down 45% where is was up 300%.

Currently eyeing up another short on XLM seems to be ramping up.

Dohnjoe

Addison Fancy Macrame wrote: »

eBay, StrIpe, Visa & PayPal all backed out of the Libra project today. There really is no replacement for Bitcoin it seems.

Libra was never meant to be a replacement for Bitcoin, it's a stable-coin, very different instrument

For the moment it appears corporate backed crypto-money is a regulatory nightmare

q85dw7osi4lebg

Dohnjoe wrote: »

Libra was never meant to be a replacement for Bitcoin, it's a stable-coin, very different instrument

For the moment it appears corporate backed crypto-money is a regulatory nightmare

I know that, but that's the beauty of decentralisation.

I don't see the CEO of Bitcoin being called before the SEC.

JJJJNR

Geopolitical tensions incoming..

Dohnjoe

JJJJNR wrote: »

Geopolitical tensions incoming..

These aren't shares linked to company/corporation values linked to economic factors potentially influenced and affected by national and international events

It's a tiny speculative market of magic internet beads which fluctuates based on random herd psychology and whatever exchange has most recently been hacked

JJJJNR

Whatever floats yer boat.

Lex Luthor

The Ripple Swell conference is due to take place in Singapore between 7-8 Nov
The last 2 swells has seen an approx. 100% rise in XRP value in the run up to the Swell, but then generally has dropped about 40-50% afterwards
Might be an opportunity for a nice trade

q85dw7osi4lebg

Lex Luthor wrote: »

The Ripple Swell conference is due to take place in Singapore between 7-8 Nov
The last 2 swells has seen an approx. 100% rise in XRP value in the run up to the Swell, but then generally has dropped about 40-50% afterwards
Might be an opportunity for a nice trade

Whilst highly possible, I'd rather eat glass.

Listened to COO of Ripple Mr Brad Garlinghouse on a podcast with Pomp last week. It's up there with BSV in terms of ****coins IMO.

Unbelievable amount of XRP spam bots on Twitter too.

Blueshoe

Dohnjoe wrote: »

These aren't shares linked to company/corporation values linked to economic factors potentially influenced and affected by national and international events

It's a tiny speculative market of magic internet beads which fluctuates based on random herd psychology and whatever exchange has most recently been hacked

Pretty much.

makeorbrake

Addison Fancy Macrame wrote: »

Whilst highly possible, I'd rather eat glass.

Listened to COO of Ripple Mr Brad Garlinghouse on a podcast with Pomp last week. It's up there with BSV in terms of ****coins IMO.

They can't be trusted. They're just selling off that massive pile of coins they have from time to time. It's plain wrong.

Addison Fancy Macrame wrote: »

Unbelievable amount of XRP spam bots on Twitter too.

The partisanship in CT/Reddit, etc is sickening in general but this XRP spam bot nonsense is horrendous!

Bob24

makeorbrake wrote: »

They can't be trusted. They're just selling off that massive pile of coins they have from time to time. It's plain wrong.

Looks like they are acknowledging that they have been too far and slowing down with their sales (I guess at the end of the day, if they are going to far it is also hurting them): https://cointelegraph.com/news/ripples-xrp-sales-down-73-in-q3-compared-to-previous-quarter

But yeah, XRP is a strange one and the huge amount Ripple has retained clearly is a concern.

It has been unchallenged as the third crypto by market cap for quite a while though, so it undoubtedly has a core and large enough base of believers.

JJJJNR

https://cryptoslate.com/nba-star-spencer-dinwiddie-in-talks-with-nba-to-securitize-his-talent-and-launch-sto-on-ethereum/

NBA star tokenised himself.

cnocbui

JJJJNR wrote: »

https://cryptoslate.com/nba-star-spencer-dinwiddie-in-talks-with-nba-to-securitize-his-talent-and-launch-sto-on-ethereum/

NBA star tokenised himself.

Making him just a token of his former self.

q85dw7osi4lebg

Few million Sats stacked, couldn't wait until the usual Friday treat. Think that's all major gaps closed now.

JohnnyFlash

Addison Fancy Macrame wrote: »

Few million Sats stacked, couldn't wait until the usual Friday treat. Think that's all major gaps closed now.

What gaps?

rapul

JohnnyFlash wrote: »

What gaps?

Yer mas?

Whelo79

rapul wrote: »

Yer mas?

ZING!

JohnnyFlash

rapul wrote: »

Yer mas?

Leave my auld one out of it, Rapul. Besides I doubt a spotty IT nerd with an addiction to crypto gambling is the type of dude she’d go for. Wouldn’t be the type of fella that appeals to the ladies in general I’d imagine.

Not talking about anyone in particular - more the overall image you’d associate with crypto ‘investors’. Below average intelligence, work in the lower rungs of IT, greasy hair, questionable internet browsing habits, obsessed with stupid American libertarian ideas, losing all their disposable income on their gambling addiction, suckered by the latest pyramid scheme.

Kickstart1.3

I think we have to give that one to JohnnyFlash

rapul

Do you ever change the record Johnny

Arrival

JohnnyFlash wrote: »

Leave my auld one out of it, Rapul. Besides I doubt a spotty IT nerd with an addiction to crypto gambling is the type of dude she’d go for. Wouldn’t be the type of fella that appeals to the ladies in general I’d imagine.

Not talking about anyone in particular - more the overall image you’d associate with crypto ‘investors’. Below average intelligence, work in the lower rungs of IT, greasy hair, questionable internet browsing habits, obsessed with stupid American libertarian ideas, losing all their disposable income on their gambling addiction, suckered by the latest pyramid scheme.

All this from the lad who not only pays attention to other lads bowel movements but recounts them in great detail on online forums

For the unaware

q85dw7osi4lebg

Arrival wrote: »

All this from the lad who not only pays attention to other lads bowel movements but recounts them in great detail on online forums

For the unaware

Wow

q85dw7osi4lebg

Good man Xi.

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1X419Y

JohnnyFlash

Addison Fancy Macrame wrote: »

Good man Xi.

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1X419Y

Blockchain, not crypto. You think the Chinese government are going to allow the development of ‘currencies’ that undermine their own? Owning magic beans isn’t what he was talking about.

It should also be noted that he gave 139 other updates during this latest report. That doesn’t suit the lazy journalism and biased narrative though.

This was by far the biggest news in crypto land today though:

https://www.theblockcrypto.com/post/44591/ceo-of-crypto-capital-arrested-in-alleged-money-laundering-operation

grindle

JohnnyFlash wrote: »

This was by far the biggest news in crypto land today though:

https://www.theblockcrypto.com/post/44591/ceo-of-crypto-capital-arrested-in-alleged-money-laundering-operation

I dunno. Big news to be sure but anything even slightly related to Libra is bigger news - even if it's just some well-educated pontification on the outcome of it.
https://www.theblockcrypto.com/linked/44628/facebook-led-libra-may-not-be-approved-says-european-think-tank-official

Some scobe robbing hundreds of millions or enabling the sales of delicious drugs doesn't compare to the US and EU stamping out a company's attempt to become the de facto world bank, trillions of dollars in the difference and that's why they're chasing after Libra so much. It would grant FB so much control so quickly and so easily that it has to be neutered.

Totally not attempting that tho! - Zuckerborg

q85dw7osi4lebg

Dollar cost averaging with a double buy on the dips, yer only man. What a day.

Bob24

Well now, that’s a serious spike. The line on the 24h chart looks vertical on my watch!

rapul

Holey moley, nice to see that!

JJJJNR

:eek::eek::eek::cool: