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RE: First Litecoin, now is Ripple next?
This is a great post, and nice thinking on LTC bc that's EXACTLY what happened as everyone putting money into Coinbase were forced into LTC as the only real option, particularly if they were smaller accounts.
Ripple can recieve benefit simply bc it will begin trading on Coinbase next, as the most obvious next currency for them and BitFlyer to trade and establish. We posted an article on this very point we think you'd find interesting.
Thank you for your comment @harpooninvestor, I'll definitely check our your post on Ripple!
I think Ripple on Coinbase is the next logical step, and that's definitely something I had in mind when I was buying, I really hope it happens. The fees have gone up on Coinbase even for transferring Litecoin, and it's hardly super fast either, and not a long term solution for the kind of volume that's being moved around the cryptocurrency ecosystem now. After you use a cryptocurrency like Steem a few times, with instant transactions and almost no fees, it's hard to go back really.
I also only invest in really serious projects, with very professional teams, and that's another reason I was so bullish on Ripple. It's kind of scary how exactly I timed both of them!
If you're into serious projects, u might wanna check out Japan's version of Ether, since BitFlyer just got a BitLicense. This article will be a primer for you...
https://steemit.com/cryptocurrency/@harpooninvestor/bitlicense-new-york-state-s-typical-business-as-usual-crony-capitalism-ripple-xem-nem
Just read the article, very interesting. I think you're right about Dash for sure. I'm sure that's next on the list for Coinbase. A good 5x gain to be made from that if it goes to BCH levels.
Steem is what I dream of being added to Coinbase. I think it will happen next year, once the SMTs take off. They will just be forced to, there will just be too much demand to get into major SMT ICOs that will surely be coming out. Same for EOS.
What is an SMT?
Your instincts are probably correct on Dash, it's talked about 2nd to Ripple in gaining Coinbase market. Just think NEM might be quicker to the punch, as BitFlyer is heavy in Japan as is NEM, and BitFlyer SEEMS like it might be quicker on the punch than Coinbase. Plus for some reason the foreign investors seem to be a lot "crazier" shall we say, or perhaps "reactionary" is the right word?
We'll provide a fresh outlook on Steem soon, think you'll be interested in the fresh fundamental perspective on it. In short, stay long and strong the Steem, but not because it might get added to Coinbase someday!
OpenLedger: use this? Did a trial deposit and withdrawal, was charged 20% of funds to withdraw! Did a theoretical higher amount by 5x, and it appears the charge got down to 10% but that's still stupendously high just to remove money from an exchange. Maybe it's only built for REALLY large deposits? If so, no wonder the volumes on its exchange are so light. Thoughts?