Bitcoin Forum

Yesterday XRP was 0.7 $ and now about 0.36 $, and 1 thing you should be aware is XRP devs HOLD most of coins in their hands, When you have most of the coins in the community you can easily Control the market, That how they play dirty  game.

Now that they are in a different situation, they and their supporters should make their presence felt in the market, they cannot remain inactive in the market, I also believe that the developers and their bag holders are pumping the market, this is to give the community a message that they are still here and the price is not crashing just like everyone here is speculating.

It's called manipulation.

Since XRP is centralized coin and controlled by central entity, they can do whatever they want just like you said above. They can also print or burn their coin too, not only hold their coin. This is why decentralized is a must in cryptocurrency to prevent/minimize from this scheme.

You have been here since 2016 and strange to see you did not know about "pump and dump" (this time it was not a crappy altcoin organized in telegram by a dozens of crypto enthusiasts, but well organized action by smart and wealthy people) strategy and did not read news.

Ripple did not responded positively on SEC claims. Did not release any updated or stuff like that. Elon Musk did not use #Ripple tag in his twitter. Recent GameStop news, r/wallstreetbets and /robinhood actions and intentions. Did not all that make you feel that there is something shady behind Ripple price growth?

And they are already using the funds on their escrow and being sent to exchanges. Just follow whale alert for those transactions to track.

They are centralized and those people who got on hype don't understand it.

Aaaand I was right again. XRP dumping isn't really unexpected. The pump was artificial due to famous pump and dump group WallSteetBets, and a couple of famous news site. Those who got FOMOed and bought at peak are probably crying right now.

It's not only a dirty game that being played by ripple but you should aware about ripple was also dumping its shitscam coin to the its community. This crap foundation was also looking to raise the more funds through IPO but it's very good to see that SEC was preventing it.
Ripple was also doing so many shady things. No financial report. When bad news come and this coin will die. Ripple is holding a lot of premined coin.

Knowing that XRP was centralize is enough to think that something's gonna happen after a hard pump. Glad that I sold all of my XRP (https://trade.kucoin.com/XRP-BTC) for 0.6 before it reached the 0.3 price range again. It's up to the community now what to do next.

I bought XRP at 0.25 $, Im in more than 30% profit with XRP.

Thats the thing, They want you think PUMP was due to famous Telegram group AND NOT THE OFFICIAL DEVS.

it's not a dirty game thats how trading is, if you don't study how the market goes, you will lose money when you just go all-in from just reading news or rumors, it pumps because of fake news and other groups making a false statement, and making groups and ask other members to join, you should learn to take profit, and curious about the situation and price, it will help you a lot especially in crypto

Yes, you may be right. but bro, did you forget that XRP is centralized. If you saw yesterday's pump, it's probably pretty obvious that there was manipulation. is there anything else that can make the price pump so sudden and then dump hard after the price reaches a certain level? sounds like manipulation to me

Maybe profit takers are reason why the price dip so low,  don't forget many people bought when the price was down and cheap, and such an opportunity for a good profit present itself, traders will not just hold like other normal investors do, they will always utilise any given opportunity to maximise their profit, it is normal.

Its not only profit takers from holders XRP, its also the pumpers which see opportunity in XRP to be pumped so hard by playing news and rumour and sell it after.
Thats the reason why XRP price come back to the dip, i think it will going dipper if the support not strong enough.

As a centralized coin, it's not that strange for me, they are moving with the help of the community and taking advantage of the lost trust to attract traders back. it's easy for them to trap merchants who get carried away by the Hype. yes this is what we don't like these past few days. So there are some who avoid pumps from Ripple even though they are tantalizing and many have benefited from them, many have lost after pumping.
fair enough to make the traders run out of capital.

Do you have any proof that devs sell their xrp yesterday. According to my source, there is no real information about this issue. To my knowledge, trading or investing always involve risks. Therefore, preparing your knowledge is the best way to avoid them. IF ripple ever made a bad decision like this, not many people will choose it as a good asset to make money

Its almost everywhere in social media the other day the reason is the WSB,We dont know if there are any conspiracy here between XRP devs and some various groups like WSB to pump XRP and then dump after target priced was reached if you bought at high then you are at loss now never try to fomo again with XRP as this coin still has a case on SEC cant trust it for now.  

Best thing to show any information to legitize any claim if there's something or some rumors about it.


Correct, you need to understand that in any investment that you'll going to take part, risk is always present behind.


Very important tool before  investing to any kind of investment or business that you'll going to enter.


It will be a big loss for the team if supporters who still believing will turned their back to this project.

The play here is obviously a pump and dump situation or only for short term holders since the telegram group was planning to buy at a specific time and then sell it in the end of the day ending up to make a easy profit for the buyers. I buy XRP early so I'm able to make a little profit from it selling around .5 $ i was trying to ride the short but it was really difficult to know if it is going to go down. In my opinion it was not a good thing in the market but a dump was healthy knowing that XRP has the power to reach up to .7 $ what i think is it would  increase the demand and XRP will slowly going to reach a high price again soon.

The situation of the XRP market before now is not new to a lot of crypto enthusiast and that's why people are advised not to invest in high manipulated and centralized coin like XRP but some people are blind by the innovation of the project whereas it has no genuine benefit to the crypto community but to private companies and their team.

Profit taker or not this is how XRP market works and sometime the Dev are reason behind the suddenly dump in price.

Trading and investment is always involve risks but XRP is not the right coin for any genuine crypto trader will invest in. There are some trends and situations in the market that can be prove by any evidence but previous knowledge and I advice you to do your deep your source so you can know that the XRP Dev holds 65% of all total supply.

You dont Understand what Trading is, Imagine what will be happen if BTC lose 50 % in 2 hour, XRP lost 55 % in 2 hour, Trading is completely different than scam.
XRP is the only coin in top 10 that lost 55 % in 2 hour, I wont be surprised IF XRP was in top 1000 on CMC.

Im 100 % sure XRP Dev are the only reason behind the suddenly dump in price. 
XRP is the only coin in top 10 that lost 55 % in 2 hour, I wont be surprised IF XRP was in top 1000 on CMC.

if I understood correctly the situation with ripple, then part of its rapid rise in price and rapid fall is due to the pump groups in the telegram. I would not recommend playing such risky games, there is an opportunity to lose your entire deposit. I sold the ripple for only 10 percent but I don’t regret it because it made sense.

market manipulation is something that is old . other coin devs dont hold most part of thier coins but there are bulk buyers that are not connected to them but can manipulate coins however i think that wasnt totally dirty compare to what xrp are doing  .

xrp devs dont only own most number of their own coin but i heard that they can also adjust the supply of xrp , making it more or less depending on their mood .

I have never trusted XRP founders and devs and never will.

These are the two unlocks performed on the escrow address night before the market manipulation:
https://twitter.com/whale_alert/status/1356031985400094722
https://twitter.com/whale_alert/status/1356031982959030274

I doubt the fuel of ignited by the founders, but from the looks of it, it seems likely they cashed in on the opportunity and dumped a fair bit on the market.

I feel for those who lost money in this fiasco, and I hope they take this as a lesson and not invest just because of hype going forward.

It didn't completely dump the price. It's possible that the ones holding still are the ones that tried to buy while the pump is going on and then unaware that it's being dumped they now end up bagging. The XRP team needs a lot of money to make some deal to SEC and one way to get this much money is by manipulating the price, although this is just a theory it's sure that they need a big amount of money to pay SEC.

They can of course manipulate the xrp's price whenever they wanted to. Many investors tend to buy and ride the bullish trend theyre lucky if they sell it off right away, but just as theyve thought that it will continue to rise, others have been tricked when theyve bought at peak as it was already pull back again that fast.   

Anyhow, the essence of holding such coins enters the significance of having a good coins. I just don't hold xrp again after the SEC lawsuit issue, thats why theyve move the price so others will still buy xrp despite of their struggles.

Unfortunately, this is the case, because various people started writing about the XRP pump on various social networks and immediately the XRP price began to rise, but this pump was short-lived and the XRP price dropped very sharply after this pump and some people invested in XRP when the XRP price was 0.7$ and these people now do not know what to do, so we always need to be very careful before any investments in cryptocurrencies, since at any moment any cryptocurrency can fall in value or even depreciate.

You should be careful if you really want to enter the XRP market because the price seems to have been manipulated by some groups that want to use the situations for their benefits. It is better to leave XRP for a while until the situation is clear and we know that XRP can have a chance to back to the market or not.

But if you can buy XRP at a very low price, you do not have to worry because the price can go up to any high price. But that is not guaranteed since XRP still has a problem that needs to be solved.

They don't need ti manipulate because they are having the complete control so they can easily increase the supply or demand for short term intervals but who cares about centralized shit coins? Any reason to invest on a coin which is already delisted from most of the reputed exchanges.

Either manipulation or not XRP is just like every other crypto projects out there minus only bitcoin, every other coins can be manipulated of cos, that's no issue for me, that might not even be the case, maybe some not so strong holders sees the 0.7$ price as a opportunity to opt out? Before the airdrop for XRP holders some bought at 0.4$ to 0.6$ just to get the free tokens, not all are able to sell before the SEC announcement so going back to 0.7$ is another opportunity to opt out

Everyone will do what you say, no one wants to lose, but if the market sees an opportunity, of course it will not be missed, that's where the tug of war occurs. but XRP is still in trouble should be wiser. Moreover, price sometimes makes people tempted to do something that becomes feedback.


yes, the SEC issue is eagerly awaited because although there is a brief increase, if I may say that could get the market interested in trading XRP and that is not to blame. Everyone wants to be able to look for opportunities to enjoy unexpected upgrades and that will always make XRP an attractive investment. but I hope that the XRP problem can be resolved because it involves many investors in it.