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Monday, December 15, 2014

Ruble (Coin) - Would Oligarths Really Let It Vanish?

Hello and welcome to Bitcoin - The Barf, The Stew, And the Winners.... a barfstew if you will... don't worry, you'll want seconds (which are in the archive)... Onward... as you can see today the headline is about the RUBLECOIN ... as I do this post each Ruble (coin) is worth 7/100th's of a cent of  USD. The total value of the Ruble (coin) has dropped to a market cap under 1,300 USD as of this moment - and as the headline implies.... it's about to be DElisted on the ONLY exchange that took a chance on it..... on the LESS than 1.7 million total coins (making it about 6 times rarer than bitcoin itself).... a truly rare coin that almost any value could be attributed to depending on it's usage..... indeed with the supposed real Russian Ruble TANKING is it really so outrageous to consider a revolution could start at the big side of Nations as opposed to the smaller side?

Could EVERY Russian oligarch be so blind and with head firmly planted in the sand to not realize that the vanishing of the coin from an exchange to give it value - potential Russian value.... well.... is worth an INFINITE times more than 7/100th's of a CENT? Seriously. Who's gonna take a chance if the coin falls from trading on Bittrex in just days? Certainly someone should tell the Russians.... don't you think?

BUT - the `coin' has not even a website..... a sure sign of bad news... and no presence in the social media if the link above is to be believed ... that said, the coin is MUCH discussed here and this is just about exactly what I'm only a month later:
smalltimer
Full Member
***
Activity: 168
Re: [ANN] RUBLE X15 FAST STAKING & TX ⏰ TRUSTLESS ANON ( ͡° ͜ʖ ͡°) Code Review Done!
November 09, 2014, 03:26:25 PM
 #501
Russians fiat (ruble) will be under pressure soon. Abandoning this coin could be the mistake of a lifetime, just sayin' 


Everyone come out to play, quick!  Grin
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The same thread says the game is all over on 12/13 - and to mov e onward..... it's do or die time for the Ruble.... I have some ridiculous `asks' .... total gamble... will it be delisted?
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Bitcoin World News
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bitcoin-barf
there is lots to read in this article about Bitpay's mixed results, perhaps targeing Black Friday needs a rethought. Also, does the addition of mainstream retailers mean that at peak retail times of year that bitcoin NEEDS stable pricing that the market overall is supplying?

bicoin-stew
it simply will take some time
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BTW, don't miss my new bitcoin blog




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THIS BLOG TRANSITIONED FROM THE `2013 BANNED' OUTRAGEOUS AND SEXY `BARFSTEW' - TO A BITCOIN RELATED BLOG IN OCT/NOV 2014. THE ARCHIVE IS WHY MOST PEOPLE ARRIVE - AND BITCOIN IS WHY THEY STAY. UPDATE - ONCE AGAIN....OCT 2017, A NEW TRANSITION.
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