Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: sirty143 on August 01, 2018, 12:19:36 PM
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Last weeks optimism has well and truly vanished. We start August on a very negative note. The markets are down, values are falling and overall, everything is a little bit disappointing.
After almost two weeks of positive movements, we finally saw, for the first time in a number of months, various cryptocurrencies moving back up towards their April highs, back on the road to recovery. This week, however, started off with a downwards pulse, a pulse that has continued to drag prices down. We can’t yet tell if today's standings are down to heavy correction or something more serious so for now, the future of the markets over the next few days is very uncertain.
Don’t let this get you down just yet, August still promises to be a very positive month, it’s just going to take some time before the bulls are able to take back control.
Here’s today's report-
Bitcoin, at the time of writing, is valued at $7,583.76, down 6.58%. Bitcoin has now slipped well past its $8,000.00 mark and is now moving ever closer to slipping below $7,000.00. We should prepare ourselves for this eventuality, unfortunately. Moreover, with Bitcoin dominance high and over 48%, we will see Bitcoins negativity reflected back across the markets. Until Bitcoin rises again, the markets will remain negative.
Ethereum, at the time of writing, is valued at $422.28, down 6.20%. Ethereum is falling at a similar rate to Bitcoin as expected. It’s looking likely that Ethereum will now slip into $300.00 territory once again. At the very least though, the past two weeks of positivity have helped Ethereum lay out some damage control. This 6.20% drop might not be as bad as we think overall.
XRP, at the time of writing, is valued at $0.43, down 1.31%. XRP isn’t crashing quite as hard as Bitcoin and Ethereum at the moment. This is no doubt down to a few positive announcements made by Ripple over the past day. These announcements have included the appointment of a new CCO and moreover, an announcement involving Bill Clinton as a keynote speaker at the next Ripple conference. These announcements aren’t going to make XRP skyrocket, but at the very least, they are helping to encourage some positivity back into the price, reducing the damage that is currently being inflicted by the markets.
Source: CRYPTODAILY (https://cryptodaily.co.uk/2018/08/market-update-btc-and-eth-crashing-xrp-finding-balance/)
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Last weeks optimism has well and truly vanished. We start August on a very negative note. The markets are down, values are falling and overall, everything is a little bit disappointing.
After almost two weeks of positive movements, we finally saw, for the first time in a number of months, various cryptocurrencies moving back up towards their April highs, back on the road to recovery. This week, however, started off with a downwards pulse, a pulse that has continued to drag prices down. We can’t yet tell if today's standings are down to heavy correction or something more serious so for now, the future of the markets over the next few days is very uncertain.
Don’t let this get you down just yet, August still promises to be a very positive month, it’s just going to take some time before the bulls are able to take back control.
Here’s today's report-
Bitcoin, at the time of writing, is valued at $7,583.76, down 6.58%. Bitcoin has now slipped well past its $8,000.00 mark and is now moving ever closer to slipping below $7,000.00. We should prepare ourselves for this eventuality, unfortunately. Moreover, with Bitcoin dominance high and over 48%, we will see Bitcoins negativity reflected back across the markets. Until Bitcoin rises again, the markets will remain negative.
Ethereum, at the time of writing, is valued at $422.28, down 6.20%. Ethereum is falling at a similar rate to Bitcoin as expected. It’s looking likely that Ethereum will now slip into $300.00 territory once again. At the very least though, the past two weeks of positivity have helped Ethereum lay out some damage control. This 6.20% drop might not be as bad as we think overall.
XRP, at the time of writing, is valued at $0.43, down 1.31%. XRP isn’t crashing quite as hard as Bitcoin and Ethereum at the moment. This is no doubt down to a few positive announcements made by Ripple over the past day. These announcements have included the appointment of a new CCO and moreover, an announcement involving Bill Clinton as a keynote speaker at the next Ripple conference. These announcements aren’t going to make XRP skyrocket, but at the very least, they are helping to encourage some positivity back into the price, reducing the damage that is currently being inflicted by the markets.
Source: CRYPTODAILY (https://cryptodaily.co.uk/2018/08/market-update-btc-and-eth-crashing-xrp-finding-balance/)
Yes, I see Ripple is stable coin. Banks integrated the ripple coin. I think XRP is good for short term investment and day trading.
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Last weeks optimism has well and truly vanished. We start August on a very negative note. The markets are down, values are falling and overall, everything is a little bit disappointing.
After almost two weeks of positive movements, we finally saw, for the first time in a number of months, various cryptocurrencies moving back up towards their April highs, back on the road to recovery. This week, however, started off with a downwards pulse, a pulse that has continued to drag prices down. We can’t yet tell if today's standings are down to heavy correction or something more serious so for now, the future of the markets over the next few days is very uncertain.
Don’t let this get you down just yet, August still promises to be a very positive month, it’s just going to take some time before the bulls are able to take back control.
Here’s today's report-
Bitcoin, at the time of writing, is valued at $7,583.76, down 6.58%. Bitcoin has now slipped well past its $8,000.00 mark and is now moving ever closer to slipping below $7,000.00. We should prepare ourselves for this eventuality, unfortunately. Moreover, with Bitcoin dominance high and over 48%, we will see Bitcoins negativity reflected back across the markets. Until Bitcoin rises again, the markets will remain negative.
Ethereum, at the time of writing, is valued at $422.28, down 6.20%. Ethereum is falling at a similar rate to Bitcoin as expected. It’s looking likely that Ethereum will now slip into $300.00 territory once again. At the very least though, the past two weeks of positivity have helped Ethereum lay out some damage control. This 6.20% drop might not be as bad as we think overall.
XRP, at the time of writing, is valued at $0.43, down 1.31%. XRP isn’t crashing quite as hard as Bitcoin and Ethereum at the moment. This is no doubt down to a few positive announcements made by Ripple over the past day. These announcements have included the appointment of a new CCO and moreover, an announcement involving Bill Clinton as a keynote speaker at the next Ripple conference. These announcements aren’t going to make XRP skyrocket, but at the very least, they are helping to encourage some positivity back into the price, reducing the damage that is currently being inflicted by the markets.
Source: CRYPTODAILY (https://cryptodaily.co.uk/2018/08/market-update-btc-and-eth-crashing-xrp-finding-balance/)
I have used ripple for day trading. It is good coin and I have gotten alot benefits from XRP.
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Last weeks optimism has well and truly vanished. We start August on a very negative note. The markets are down, values are falling and overall, everything is a little bit disappointing.
After almost two weeks of positive movements, we finally saw, for the first time in a number of months, various cryptocurrencies moving back up towards their April highs, back on the road to recovery. This week, however, started off with a downwards pulse, a pulse that has continued to drag prices down. We can’t yet tell if today's standings are down to heavy correction or something more serious so for now, the future of the markets over the next few days is very uncertain.
Don’t let this get you down just yet, August still promises to be a very positive month, it’s just going to take some time before the bulls are able to take back control.
Here’s today's report-
Bitcoin, at the time of writing, is valued at $7,583.76, down 6.58%. Bitcoin has now slipped well past its $8,000.00 mark and is now moving ever closer to slipping below $7,000.00. We should prepare ourselves for this eventuality, unfortunately. Moreover, with Bitcoin dominance high and over 48%, we will see Bitcoins negativity reflected back across the markets. Until Bitcoin rises again, the markets will remain negative.
Ethereum, at the time of writing, is valued at $422.28, down 6.20%. Ethereum is falling at a similar rate to Bitcoin as expected. It’s looking likely that Ethereum will now slip into $300.00 territory once again. At the very least though, the past two weeks of positivity have helped Ethereum lay out some damage control. This 6.20% drop might not be as bad as we think overall.
XRP, at the time of writing, is valued at $0.43, down 1.31%. XRP isn’t crashing quite as hard as Bitcoin and Ethereum at the moment. This is no doubt down to a few positive announcements made by Ripple over the past day. These announcements have included the appointment of a new CCO and moreover, an announcement involving Bill Clinton as a keynote speaker at the next Ripple conference. These announcements aren’t going to make XRP skyrocket, but at the very least, they are helping to encourage some positivity back into the price, reducing the damage that is currently being inflicted by the markets.
Source: CRYPTODAILY (https://cryptodaily.co.uk/2018/08/market-update-btc-and-eth-crashing-xrp-finding-balance/)
For now, I think XRP is very potential altcoin. It is stable coin and good for trading.
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Last weeks optimism has well and truly vanished. We start August on a very negative note. The markets are down, values are falling and overall, everything is a little bit disappointing.
After almost two weeks of positive movements, we finally saw, for the first time in a number of months, various cryptocurrencies moving back up towards their April highs, back on the road to recovery. This week, however, started off with a downwards pulse, a pulse that has continued to drag prices down. We can’t yet tell if today's standings are down to heavy correction or something more serious so for now, the future of the markets over the next few days is very uncertain.
Don’t let this get you down just yet, August still promises to be a very positive month, it’s just going to take some time before the bulls are able to take back control.
Here’s today's report-
Bitcoin, at the time of writing, is valued at $7,583.76, down 6.58%. Bitcoin has now slipped well past its $8,000.00 mark and is now moving ever closer to slipping below $7,000.00. We should prepare ourselves for this eventuality, unfortunately. Moreover, with Bitcoin dominance high and over 48%, we will see Bitcoins negativity reflected back across the markets. Until Bitcoin rises again, the markets will remain negative.
Ethereum, at the time of writing, is valued at $422.28, down 6.20%. Ethereum is falling at a similar rate to Bitcoin as expected. It’s looking likely that Ethereum will now slip into $300.00 territory once again. At the very least though, the past two weeks of positivity have helped Ethereum lay out some damage control. This 6.20% drop might not be as bad as we think overall.
XRP, at the time of writing, is valued at $0.43, down 1.31%. XRP isn’t crashing quite as hard as Bitcoin and Ethereum at the moment. This is no doubt down to a few positive announcements made by Ripple over the past day. These announcements have included the appointment of a new CCO and moreover, an announcement involving Bill Clinton as a keynote speaker at the next Ripple conference. These announcements aren’t going to make XRP skyrocket, but at the very least, they are helping to encourage some positivity back into the price, reducing the damage that is currently being inflicted by the markets.
Source: CRYPTODAILY (https://cryptodaily.co.uk/2018/08/market-update-btc-and-eth-crashing-xrp-finding-balance/)
I think XRP is unique coin. It is stable coin and supported by banks. XRP is good for short term and day trading.
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Ripple is a coin that is different from existing altcoins. Ripple prices were very stable when the crypto market declined. maybe they have a very strong team to keep the value of the coin.
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Ripple wants to show that they will not be affected by the price of bitcoin. bitcoin greatly affects the price of altcoins. you can see it on every exchange. every time a decrease occurs in bitcoin then altcoin will experience the same thing.
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even though XRP has more value but I don't like that.
XRP has the opposite nature to cryptocurrency, it has a "centralized" nature.
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I think bitcoin and ethereum are also good, you get more profit, because seeing the development of both of them also increases.