Bitcoin Forum

Honest question, and I've been a Ripple supporter and believer since the beginning. Is Ripple purposefully keeping their coin as low as possible for the next few years so banks will scoop it up by the tens and hundreds of millions when the time comes for them to fully integrate into crypto currency for exchanges? I mean, look at David Schwartz's sarcastic comment obviously full of jest, and suddenly ripple's price explodes today. we're talking 80% + gains. then Ripple gets super serious with everyone on Twitter "Pissing in our Cheerios" and suddenly price falls again. Look at Ripple historically, huge news, a quick spike in price and then a gradual decent to where it always is. This is happening repeatedly. So i ask: Is Ripple Colluding with banks so they can buy in at the cheapest possible rate? are we getting screwed??
Please don't turn this into a ripple hate/love fest, i want honest answers. thanks fellas.

Seems like a fair question.  I know Ripple has a large supply sitting on the sideline out of circulation.  Is there any evidence they are releasing more into circulation when the price starts to rise? 

Hodor tried to address my question on Twitter, but i still feel like there is something going on. Let's try to get answers somehow.

If Ripple is trying to keep price low, could it be until the R3 suit is settled?

It seems quite fishy it's true. But why don't we take advantage of the fact that it's going up, it's expected to go as high as $1 by the end of 2017.

great idea. seems like right after i posted this Brad Garlinghouse added a four point Q&A to a guy on Twitter. whoa. price shot up again. maybe we're all completely wrong. who knows? but one thing is for certain. lets HODL.

Most probably not banks, but very few individuals who hold vast amounts of the currency, and exploit the forced volatility.

This has always been one of the major problems with Ripple from quite a long time back. The developers have clearly made this a centralized currency by holding a huge stake and manipulating the market however they see fit. They continue to do this without caring about public feedback which is why it is difficult to trust the developers of this currency which is what is holding back many investors.

for everybody to understand once and for all

ripple is not a cryptocurrency as any other,

its a central one, its run and controlled by the worlds established billionaires and their financial cartels

IT DOESNT MATTER WHAT RIPPLES PRICE IS

because ripples owners can at any time print as many us dollars (or other national currencies) as they want and publicly buy (hidden or official) their own cryptocurrency and therefore manipulate the price,

ripple is something like the menbearpig from southpark and the bankster cartel that markets ripple is al gore, they are desperate for attention, they dont need you to buy their cryptocurrency, they can currently print us dollar as many as they want, and buy their own cryptocurrency.

http://images.uncyclomedia.co/uncyclomedia/commons/f/f8/ManBearPig.jpg

so watch southpark menbear pig episode and understand what ripple is:

http://ww2.cartooncrazy.net/watch/south-park-season-10-episode-6-manbearpig/

most signifficant issue with ripple is:

that you cant build a cryptocurrency or other project with people that work just for "sole money"

so stay the hell away from it and ignore it,

it shouldt be listed in coin market cap at all

Totally agree that we should take advantage and Hodl. It's been on a slow dump since May and theoretically speaking it can even rise to $3 even.

I believe ripple's time will come just like first Bitcoin, than Ethereum, than Dash and so on

We should hodl this gem. Ripple price is speculated by others that it will $1 next year when integrates by the banks.

Seeing what the price do, what records are made I think it is hardly to say that Ripple developers successful in the pulling down the price artificially. Maybe it just hard to them to curb the growth of whole cryptomarket.

I feel that ripple come out with the price barrier. many of them think that ripple do not cross the 0.30 mark. but once the rally going it is all occupied by the ripple. because fundamentally ripple is stronger than Eth, may be than bitcoin either. something we have to talk much more in 2018 with the swift transactions.

huuuuuuuuuuuuuuuuuuuuuuuge whale bots on xrp, how else can you push the price with 9999999999999999999 coins on market lol.

but...it is strong now and i think it'll keep rising into 2018.  new ATH would be epic but we'll see.

I'm quite surprise to see its price rise so much. However, I'm wary of investing more in it due to reasons mentioned above by kingscorpio. It has done this in the past and so many people lost money. It might continue to rise going forward but when it hits low it will be painful to watch.

ripple is all about attention they dont need your investments to make ripple valuable they want attention, they can print us dollars and do inside trades and publicly sign them so everybody knows ups ripple gone up 200% because bankster A bought ripple from bankster B for more us dollar than before,

but the problem stayes that ripples banksters can also print us dollar and that is the currency most people today still relly on

regards

ripple doesnt need waves,

ripple controlls the us dollar, all they want is attention

Historically, ripple usually pumps just before they release another billion ripple onto the market. It's usually associated with more ripple posts on various forums. It's one of those strange coincidences you often see associated with this corporate coin.

With the amount of ripple released from escrow every month, I believe the price is controlled and don’t seem to anywhere high atm. I don’t think the banks will be using the ripple coins.