Ripple

Cuddles · Dec 21, 2017

Here4money said:
flipped to cash at ~40%ish...Hope I don't regret when korea wakes up

Well, that's an 800 dollar mistake so far.

m22au · Dec 27, 2017

"While bitcoin falls, one cryptocurrency jumps 9% after new link to some Japanese credit card companies"
https://www.cnbc.com/2017/12/27/rip...k-to-some-japanese-credit-card-companies.html

The cryptocurrency also gained following an appearance on CNBC by Ripple CEO Brad Garlinghouse.
https://www.youtube dot com/watch?v=YmlAwQPwgYQ

Ripple outperforming the other coins in the top four (Bitcoin, Ethereum, BitcoinCash).
It has taken back third position, now with a higher "market capitalization" than BitcoinCash.

Now at $1.2615709, according to Worldcoinindex, which is an all-time high.

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m22au · Dec 28, 2017

Ripple reached a high of $1.2779 at 10pm GMT (5pm ET) on December 27.

However since then most cryptocurrencies have traded lower.

Still, at a price of $1.1411, it has a "market capitalization" of $44.04 billion, compared to Bitcoincash at $2,443 and a "market capitalization" of $40.74 billion.

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m22au · Dec 28, 2017

More outperformance by Ripple in the last 16 hours.

Ripple +4.9% to $1.2754 (after reaching another new high at $1.2880) and market cap of $49.22 billion
Bitcoin -8.2%
Ethereum -4.5% (market cap $68 billion)
BitcoinCash -9.9% (market cap $40.76 billion, now well behind in 4th place)

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Cuddles · Dec 28, 2017

m22au said:
More outperformance by Ripple in the last 16 hours.

Ripple +4.9% to $1.2754 (after reaching another new high at $1.2880) and market cap of $49.22 billion
Bitcoin -8.2%
Ethereum -4.5% (market cap $68 billion)
BitcoinCash -9.9% (market cap $40.76 billion, now well behind in 4th place)

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People chasing momentum. Seems like the only coin unaffected by s. Korean regulation. Must be because ripple has pushed for mass adoption and finance use.

just21 · Dec 28, 2017

The problem with Ripple is the banks have their own solution Utility Settlement Coin in various currencies. I don't think it is live yet though.

https://www.coindesk.com/hsbc-barcl...n-as-bank-blockchain-test-enters-final-phase/

https://qz.com/1066601/ubss-utility-settlement-coin-could-put-cash-on-a-blockchain-in-2018/

m22au · Dec 28, 2017

The aforementioned momentum continued throughout the US session, with Ripple trading as high as $1.3094, according to Worldcoinindex.

Ripple +4.5% to $1.2705
Bitcoin -9.4%
Ethereum -5.5%
Bitcoincash -11.0%

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truetype · Dec 28, 2017

m22au said:
The aforementioned momentum continued throughout the US session, with Ripple trading as high as $1.3094, according to Worldcoinindex.
Ripple +4.5% to $1.2705 Bitcoin -9.4% Ethereum -5.5% Bitcoincash -11.0%

Not sure what the value-add of these posts is? Anyone can read those numbers off his quote screen. Do you have daily trade recs?

m22au · Dec 29, 2017

truetype said:
Anyone can read those numbers off his quote screen. Do you have daily trade recs?

yes

m22au · Dec 29, 2017

m22au said:
The aforementioned momentum continued throughout the US session, with Ripple trading as high as $1.3094, according to Worldcoinindex.

Ripple +4.5% to $1.2705
Bitcoin -9.4%
Ethereum -5.5%
Bitcoincash -11.0%

Some of the folk over at https://www.reddit dot com/r/Ripple/ are claiming that Ripple (briefly) took the number two position from Ethereum, however, I think they are basing this on the Coinmarketcap prices which I've found to be less reliable than the Worldcoinindex prices.

At its peak of $1.7034, Ripple had a "market capitalization" of $65.73 billion, versus approx. $70 billion for Ethereum.

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