Bitcoin Forum

XRP was caught manipulating the social networks with fake accounts to shill XRP coin and post false positive feedbacks about it. On Twitter were many fake accounts detected and deleted for their abuse to maximize the price of XRP in an illegal and shady way. At least 8,000 Twitter fake accounts were detected.
Another bad attempt from XRP and a red flag to avoid investments in XRP.

More information here:

https://bitcoinexchangeguide.com/infamous-crypto-twitter-xrp-army-gets-called-out-for-fake-accounts-astroturfing-public-opinion/

Illegal and shady activities will decrease the reliability of the coin but it is also normal for big coins to be a wall against such threats. Investings in XRP will not be affected with this news but some coin groups already claimed this FUD for their own profit.

I think a loss of trust will always result in lower prices because people are going to sell. Trust is an important factor if the devs are honest and making good decisions. Actions like this show how XRP is only trying to maximize their own bags profits (because they sell shitloads of XRP all the time) but they don't care for investors and long-term.

But was this an action developed by the foundation? Unfortunately, XRP has been showing itself to be a totally centralized project. And it is increasingly acting more like a mega-corporation. This type of action is widely used by the various Tokens created whose sole purpose is pump and dump. Right here in the forum, there are several opportunities in this regard. The famous bounties.

Again Ripple made its job and tried to fool everyone in social media. Manipulating the markets is possible with fake number,but manipulating the social media is not same thing. Social media is full of trolls and deep thinkers but Ripple wants to fool this place. Something should not be right in this lines.

I will say its basically normal when it comes to such coins most do a kinda of shardy turn over to spice things up and create hype of the coin but the most important thing you should do is learn the coin potentials and its developers

Not only on social media but you can see some fake accounts created by ripple shills in here. I have seen that so many times these accounts were always creating shilling thread for ripple and i will not feel any surprise to see that.

They are capable of doing that not only in one social media, in fact, but they can also do it here, they have the resources and they know that people have a price, I'm just glad that we only have one Ripple in our midst three more of this kind of project and cryptocurrency will be diluted.

this is not new!

ever since fully centralized coins started showing up we have been seeing a lot of cases exactly like this where they pay to be advertised with false information all over the internet so that they can pump their useless centralized token and make millions from such pumps, usually they have premined coins to ensure their profit too.
XRP is only one of many that are doing it and it may not even be the biggest. ETH and DASH are the biggest that have been doing this for the past 3 years at least.

So many dirt is connected with Ripple. And "Ripple army" is a proof of that.
Does someone know if they really paid to Coinbase to get listed?
And really they threatened people who spoke against Ripple?  ;D

Can't say that I'm surprised by this and Ripple isn't the only one doing this.
How many other cryptocurrency projects are giving people incentives to share positive news on social media?

I'm glad that they got caught though and I really hope that people would at least think before blindly trusting posts on social media.

I do not think this is a authentic news. Ripple, the third largest token by marketcap, cannot and there is no necessary for it do such stupid things to manipulate the market. Ripple is already established coin and is winning the hearts of the people across the globe. It is also mindful that such illegal and bad activities will bring down itself to the level it may not rise again.

every month people will understand that XRP is a simple manipulation and it is a token that should cost $ 0

that is exactly why so many coin ranking websites exist specially those that on top of ranking give some feedback and so called analysis on the said coins. for example all these ICO sites are getting paid to advertise them and 90% of the things they say is false because they were paid.

it is a good thing though. since as we see more of these cases people stop trusting them blindly.

For sure it will decrease price if more investors saw that issue.  Because it's not a proper way advertising and the sad things on it is moslty are fake accounts that convincing people.  So for sure there will be more people that will become disappointed about it.  Because it's  looks like XRP now are surrounded by scammers.  

I'm not surprised for the coin that is centralized and always in the news for manipulation. No wonder it keeps trying to out place etheruem in the second position because of false records.

They have been alive thanks to manipulation for so long, I don't think social network is any different for them.
I mean after all they do manipulate their own coin as well and try to make sure their coin looks valuable but in reality the coin itself is totally worthless.

XRP has ZERO value, all those Ripple and ashton kutcher and ellen and banks and transactions are floating around like Ripple is doing something great for XRP, all of those work for the company Ripple but the coin XRP is getting none of that so they have been manipulating the traders from day one, its not a shock that they have shills that support them on social media as well.

One day people will realize what type of shitty coin they are and will act just as USDT and will stop using it as much as they can, nobody will trade it and they will slowly die.

When a coin is centralized then it will get manipulated by the people who were created it and will take profits from it.

i don't really know about XRP because i don't hold it but this topic looking good.
XRP manipulating social network like you said, if we look in the fact how can it will be like that.
i don't really think like you because social network is some global network and how can it manipulating it.

Their years of shady, malicious activities and thievery will not go unnoticed in the future. Most already know (on BTT) XRP is the king of scamcoins and given enough time, scams will expose themselves as scams.

Opinions of people are completely different, now this is quite possible and XRP, although a really very good project for the formation of a deposit, but I think that it does not so much manipulate the market as for example USDT, which really does not understand what it does there.

There are several users I personally knew who shills XRP, it felt like they genuinely believe the future of the coin actually. Trading this coin back then was profitable because prices spikes a lot but now, it seem to have slow down already. You know the fees in trading the coin is very low while the volume is quite heavy. I may sound like shilling for XRP but I see facts about this.

I don't usually believe everything I read in the media about a top coin. With the revelations I had in 2018, most of the news are primarily agents of FUD perpetrated by institutional whales to gain grounds on a project

indications of brainwashing through social media and fortunately it is known, social media is full of diverse nuances but with the same purpose only for profit. by the way is not strange anymore that each product must have a purpose and we must utilize that goal by manipulating also that it can be reciprocated at market but remain vigilant

This coin has the strongest team. I am sure that the price of the coin will grow and we will see only good news on XRP.

Agree on loss of trust.
I do not know how an uncovered illegal and shady activity won't affect an investors decision. We cannot simply ignore such activities.

It looks like this will be bad news for me today, I am a fan of XRP for quite a long time. But I read this news about manipulating with thousands of accounts on Twitter. Of course this makes me think again when I want to buy it back in large quantities. Thank you very much for this information, hopefully not negative news. Sad and confusing for me today .. :'(

Well for every investor there is need for FuD and that’s just what happened
I’m sure the little panic would have caused a slight price change and good support level to join the trade

Well, ripple is big firm and won’t be moved by such claims

Coins without long-term goals or means to naturally attract investors and users would normally rely on this sort shilling to succeed. Developers should probably learn to channel the resources used for this kind of deceptive practices into developing their platforms and making them attractive to users

I noticed it too.

They are on twitter, reddit and even here. Basically everywhere.

Whatever you say against Ripple, they'll counter you with nonsense spam. I am calling it:

Ripple is the next Bitconnect.

I'll explain what their problem is:

Ripple, a private token of Ripple Corp. is distributed among the company employees first. Since there is no mining, it is impossible to distribute the tokens in a fair way. You may say mining isn't fair too but not as bad as this one. What's happening with Ripple is, Ripple's CEO is basically handpicking the hodlers.

And addition to the supply in circulation which they already hodl the majority, Ripple Corp hodls another 58325654666 (%58) coins which isn't in circulation.

In time, this centralized coin got big. Because the only hodlers were the Ripple Corp Emplyees and any money coming from the outside will increased their networth. In time the Ripple's MC got even bigger.

But there was a big fucking problem. The attention on ripple wasn't enough. There weren't enough people wanting to buy their shit. If they can't unload their shitcoins on someone else, how are they going to buy their lambos? Some of those hodlers desperately want to get out but they can't.

Because there isn't any buyers.

That's why they are going crazy and spending their last effort to shill Ripple... basically to find morons to dump their coins on.

I say, Let it die.

**BTW, They probably bribed CoinMarketCap too. It is a very long con. If CMC didn't list Ripple in the first place, it wouldn't be that big today. How did I come to this conclusion?

Because CMC is fucking corrupt too. The trading volume you see on CMC is %95 fake.
https://www.bitcointradevolume.com/

If they can list fake exchanges, they can list fake coins too.

Fuck CoinMarketCap.

Pure development and real long usage instead of sorting to any channel to gained attentions and investors interest, it's always depends on how traders and investors to cater such information but for responsible and wise persons knowing the grounds and not been easily be moved by any ideas unless you learned and understand it very well would make you safe inside this market.

Maybe this is true, but XRP is a very old coin, and always holds the top position. Its value also remains quite stable. The truth is that news about XRP sometimes also affects the entire market.

that is true but the sad fact is that majority of people these days only care about making profit and since XRP is one of those coins that gets gigantic pumps and there is a good profit in those pumps, people don't care about it being a scam coin although they already know it.

Social media manipulating for different cryptocurrency and not only twitter, telegram also manipulating. Those are many bot account or some people doing that manually i don't know. I think it's unnecessary at least for Ripple (XRP) because it's a top raking coin.

USDT manipulating by a lot of big whales not a spreading using bot or fake accounts. Also many crypto enthusiast opinion was negative so that when suddenly USDT was going to dump. But if it's number one stable coin and top traded volume coins it's not deeply affected.

Perhaps this is so, and I think that all this can really show such a not very good dynamic for the community. Still, a lot of people understand that XRP can hardly be called a real cryptocurrency project, but I think that this is not just a project.

well
it's surprising me. although they are top 3 in the world, but it seems make satisfied yet.
i also read on this news ,
https://news.bitcoin.com/xrp-sentiment-manipulated-by-thousands-of-bots-analyst-claims/?fbclid=IwAR2Su457rZk7P-dVv4XVNo_REa4P0XbUdGZg9090tswlrPgK7GVOwBxT_7s
and what a joke.
XRParmy everywhere.

I think that these two coins are difficult to compare. They have different uses. I expect Ripple to be able to overtake Ethereum again by capitalization.

I think this is huge and terrible news. If Ripple do something like that this could have big sanctions. I really can't believe that actually as a XRP holder.. The bitcoinexchangeguide is trustable website for me and they would never make unreal news. So in next day i think we will be able to see more..

There is a widely spread narrative in crypto community that social media, especially Twitter, is swarmed by XRP shilling bots. Essentially, whenever someone mentions XRP or Ripple in their tweet, at least 3-5 users emerge from the Twitter depths to either support (if the tweet is XRP positive) or attack the tweet (if it is critical of XRP).

Social media is used as shilling tools for scam projects and XRP takes its piece of cake from these promotions. XRP has better real use case than shitcoins but this alone doesn't make any sense to shill XRP hard on twitter.

So the XRP army wasn´t real?  ;D ::)
So, if almost all of them were fake, who is really buying Ripple token? Also fake buyers with fake volumes?

I bet that also another "bank" cryptocurrencies will be hyped by fake people to attract atleast some investors.

I think that this may adversely affect the reputation of this coin. Investors do not like when the coin has a bad reputation.

XRP is doing a very good marketing job and advertising very successfully, using celebrities as well. I am surprised
they were using unethical methods as well, but where the  big money is involved ethics is suspended sometimes.

This could be the reason, why they wrestled the second spot to Ethereum, well at least contributed, they have no running bounty campaign right now, they should at least have one because there is a possibility that they will lose their third position, because EOS and LITECOIN is getting good volumes maybe if coinmarketcap is not faking their volume XRP is not in that position after all.

The Ethereum blockchain has been improved by hardfork called "Constantinople" in January 2019. Mining rewards were reduced, that's why the ETH price has soared from $80 to $150, and now Ethereum is rated the second at CoinMarketCap again.

Of course, Ripple is a good competitor to Ethereum, and bankers who like XRP can manipulate social networks to attract other investors. As I see, the BTC, ETH and XRP price charts are almost the same, so this likely manipulation did not affect the Ripple.

Ripple is trying hard to prove itself as a worthy coin but all of their promises and approach to be integrated to banks and their internal and external transfers to date have failed. They once called themselves an alternative to swift or even the western union but are now forced to buy fake accounts to write praise for themselves.