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Title: What's up with Ripple? Post by: shamzblueworld on April 20, 2017, 12:13:02 PM Is the recent drop in value of of Ripple odd? Is something on the news that might be causing it?
Or is it just setting up for a pump? I've kind of invested heavily in this and this dip is quite concerning. Title: Re: What's up with Ripple? Post by: talkbitcoin on April 20, 2017, 12:34:42 PM go to coinmarketcap or any other chart providing services, your exchange included and go to Ripple page and then continue to zoom out until you see the cycles!
the explanation is very simple, what is pumped needs to be dumped. Ripple was worth about 700-900 satoshi and when the pump time arrived for all the altcoins it went up to 3000+ satoshi and now it is coming down as everyone exits slowly and then others who bought on top and were bag holding give up on profit and sell at a loss. and it is happening to all the altcoins and will continue to happen until they are back at normal low price levels. https://i.imgur.com/zMDX2m5.jpg Title: Re: What's up with Ripple? Post by: namini on April 20, 2017, 01:03:08 PM XRP historical price against USD is very stable, whatever happens short term, I expect it to stabilise.
Title: Re: What's up with Ripple? Post by: clickerz on April 20, 2017, 01:07:47 PM I think its a normal happening, though today is 17+% down. Well I think it depends on the traders, its the traders that dictate the price.I am glad I did sold my coins before it dump last couple of days :)
Title: Re: What's up with Ripple? Post by: fortunecrypto on April 20, 2017, 01:54:58 PM I think its a normal happening, though today is 17+% down. Well I think it depends on the traders, its the traders that dictate the price.I am glad I did sold my coins before it dump last couple of days :) Nothing new really what comes up must come down buy early not later and you must know when it's time to dump it or you will be left behind with bags,with the kind of coin ripple is expect a lot of pump and dump on this now. Title: Re: What's up with Ripple? Post by: Satisun on April 20, 2017, 02:39:23 PM Is the recent drop in value of of Ripple odd? Is something on the news that might be causing it? Or is it just setting up for a pump? I've kind of invested heavily in this and this dip is quite concerning. I think it is normal. The price has risen too much. Title: Re: What's up with Ripple? Post by: joeydangerous on April 20, 2017, 04:45:48 PM Is the recent drop in value of of Ripple odd? Is something on the news that might be causing it? Quite the norm.Or is it just setting up for a pump? I've kind of invested heavily in this and this dip is quite concerning. Ripple experienced a similar dump to this, people should be used to the routine by now. Title: Re: What's up with Ripple? Post by: namini on April 20, 2017, 05:07:01 PM @joeydangerous I don't understand your sentance, I assume you wanted to compare Ripple to another cryptocurrency.
Title: Re: What's up with Ripple? Post by: namini on April 20, 2017, 05:11:54 PM I think it is normal. The price has risen too much. I agree, I'm gonna try to find a good entry point now. Title: Re: What's up with Ripple? Post by: easynote on April 20, 2017, 06:08:00 PM @joeydangerous I don't understand your sentance, I assume you wanted to compare Ripple to another cryptocurrency. I think that he's talking about the price going up during 2013, it was $0.054 per XRP then the coin dumped down to $0.0028 per XRP.Title: Re: What's up with Ripple? Post by: namini on April 20, 2017, 06:37:59 PM Oh yes I understand now.
Title: Re: What's up with Ripple? Post by: namini on April 20, 2017, 06:50:41 PM If you look the BTC chart he posted, it seems like there is a constant downtrend because BTC gained a lot since 2013.
What is interesting too is the market cap: http://img15.hostingpics.net/pics/461900chart0.png Title: Re: What's up with Ripple? Post by: JammyDodger on April 20, 2017, 06:51:31 PM Alot of the alt coins have taken a dive today, I bought some more XRP earlier :)
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