JollyGood
Legendary
Offline
Activity: 2702
Merit: 1812
|
|
May 14, 2019, 08:28:47 PM |
|
Wow! Yesterday I wanted to buy XRP, but decided to postpone this idea until the end of the week. Instead of the XRP I bought Binance Coin. Yes, not just bought, and in exchange for BTC! I'm losing twice this time!!! Oh well! I'll fight back The price of XRP will go up and down but in smaller scale to that of Bitcoin and Ethereum. If it makes you comfortable just wait for a while and allow the price find a new stable level, then make your purchase. XRP is a great coin to hold for long term investors, buy low-price for around $0.30 and sell in a couple of years time for hopefully $3+
|
|
|
|
sammyp
|
|
May 14, 2019, 09:08:30 PM |
|
Ripple has always been a promising coin to hold. It is a high time massive investors gave it a good consideration. It currently sits at number 3 as usual but what makes it my favorite is that it can easily double and even triple with a short time.
|
|
|
|
whirlcoin
|
|
May 14, 2019, 10:32:45 PM |
|
I would like to hear people's opinion on XRP/Ripple. News, Trends, Concepts, Technical Issues... anything pro or con that might be indicative of it's survival or growth opportunities in actual real world use cases. Or things that indicate it's failure.
Here is my two cents to start it off, starting with a Disclaimer. Disclaimer: I have weighted portfolio of Bitcoin (5 - 10%), Ethereum (70 - 80%), XRP/Ripple (10 - 25%). I'm a HODLer, not a Day Trader,a nd reportionments are done rarely based on trends. My purpose of this post is to try and determine whether a repportionment of Ripple is appropriate. And I am currently of an equal mind. 33% to lower stake. 33% says stay hte course. 33% says increase shares. So real certainty here I tell ya! LOL Hoping someone will say something here to un-jam my mental logs.
My current facts as "I" see them....
CURRENT PRICE: Ripple is doing absolutely nothing. No real motion in any direction except sideways. Only recent facto that may be contributor is the court case that allowed prior founder (McCaleb) to unload his billions of XRP at a current rate of "0.5% of average daily volume for each day of the week, including weekends and holidays". So hardly anything of much substance, however, the fact that the price hasn't gone down means that there are at least enough buyers to keep the price even.
NEWS: I keep a very steady eye on Ripple, constantly trolling news, webs, boards for info. Again - nothing. Almost a total black hole of current news. The only recent "news" are name dropping tidbits about SBI Holdings in Asia wanting to use Ripple. Microsoft Azure being open to Ripple blockchains. R3CEV hinting at Hyperledger open to Ripple use cases. Royal Bank of Canada (RBC) running a Ripple Blockchain Trial. Press Releases about 42% savings to banks using Ripple. And vague references to Interledger, which is sort of analogous to Hyperledger or Lightening network in a way..... talk, no real world scenarios yet though. And all of this very hypy-vague. Just little tidbit trickles of "News", "non-News" actually, that basically says, "Hey, we're alive."
GENERAL THOUGHTS: I think Ripple/XRP IS still alive, and due to the nature of its business model, is in "secret development" mode. I mean, you won't see news, until you see news, but whe that news does come - it may be a hard break. My opinion is that will most likely be up (obviously - I DO own it), but I guess it could be down, or it might even be just a really really slow up if the news is not dramatic enough that other coins (Bitcoin/Ethereum etc) aren't also releasing big news, and thereby suck up all the investment money that might go into Ripple/XRP - thereby blunting the reaction. However, it could go the other way,a nd we could get good news out of Ripple / bad out of Ethereum/Bitcoin, and the pressure could be exacerbated up. Also- the whole "premined" aspect doesn't bother me that much. With all my crypto investments I am looking primarily at actual eventual use case scenarios to determine value. The 2nd tier money coins (Lite, Dash, Monero etc) are of no interest, and even the Utility coins (Emercoin, Maidsafe, etc) seem a bit too spiky/dodgy and subject to market manipulation/risk to me.
Ripple is obviously a top tier player, but a little lacking in discussion at present. Thought I'd fire up a topic.
Peace, - david
the end of the previous month will clearly shown how much its stable and developing so while seeing the changes I clearly got the idea about how it can perform well in the future so I say this is one of the most promising currency in this field and investment will always been successful but it takes some more time.
|
|
|
|
RivAngE
Full Member
Offline
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
|
|
May 14, 2019, 10:36:30 PM |
|
That was an interesting day. I was expecting a bigger pump after Coinbase listing, but I guess people have started reacting more normally. Normally, it wouldn't matter if a well established coin like XRP gets listed in another exchange, there are so many that support it already. But since people were usually reacting in stupidly FOMO ways, I was expecting to see a 200% pump!
|
|
|
|
KryptoKai
|
|
May 15, 2019, 06:43:33 AM |
|
It seems that the coinbase listing has given xrp a bit of a boost. Just imagine what will happen when it's not just new york but the rest of the world that can buy ripple, it will pump big time
|
|
|
|
Cnut237
Legendary
Offline
Activity: 1904
Merit: 1277
|
|
May 15, 2019, 08:59:35 AM |
|
It happens so often with XRP, and it's happened again. I don't know why, but when this coin goes up it really goes up almost vertically, so much so fast... other top coins are a lot slower, even the huge BTC movement we've seen recently is still very slow compared to XRP. XRP seems to always move up in these huge sudden jumps, it's weird.
|
|
|
|
Ziskinberg
|
|
May 15, 2019, 10:10:42 AM |
|
It seems that the coinbase listing has given xrp a bit of a boost. Just imagine what will happen when it's not just new york but the rest of the world that can buy ripple, it will pump big time
That's for sure, but we should be happy with the current situation as after the long wait, we finally see XRP rise and it's a big rise as it goes as high as 20% IIRC.
|
|
|
|
Hodor7777
Full Member
Offline
Activity: 616
Merit: 112
It’s easy to confuse what is with what ought to be
|
|
May 15, 2019, 10:25:38 AM |
|
Ten Minute XRP News Recap
Blog Location: https://xrpcommunity.blog/ten-minute-xrp-news-recap/ So you need a ten-minute XRP news recap? I've got you covered in today's latest blog! 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: Bakkt releases more information about its go-live. 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Xpring invests in Agoric, a smart contracts company. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Boerse Stuttgart, a German exchange, approves XRP-related ETNs; and New York approves Coinbase's trading of XRP. I hope you enjoy the read! Thanks & Sincerely, -Hodor On Twitter: https://twitter.com/Hodor/status/1128604245329096704
|
|
|
|
JollyGood
Legendary
Offline
Activity: 2702
Merit: 1812
|
|
May 15, 2019, 11:33:57 AM |
|
That was an interesting day. I was expecting a bigger pump after Coinbase listing, but I guess people have started reacting more normally. Normally, it wouldn't matter if a well established coin like XRP gets listed in another exchange, there are so many that support it already. But since people were usually reacting in stupidly FOMO ways, I was expecting to see a 200% pump!
I think it is great news that Coinbase have added XRP. it has only been around 3 weeks they listed it so it will take time to see where it stands but I hope it heads towards the $0.50 mark and keeps that as its stable amount for a few months.
|
|
|
|
Mux@
Member
Offline
Activity: 602
Merit: 24
|
|
May 15, 2019, 02:39:36 PM |
|
Wow! Yesterday I wanted to buy XRP, but decided to postpone this idea until the end of the week. Instead of the XRP I bought Binance Coin. Yes, not just bought, and in exchange for BTC! I'm losing twice this time!!! Oh well! I'll fight back The price of XRP will go up and down but in smaller scale to that of Bitcoin and Ethereum. If it makes you comfortable just wait for a while and allow the price find a new stable level, then make your purchase. XRP is a great coin to hold for long term investors, buy low-price for around $0.30 and sell in a couple of years time for hopefully $3+ 2.5 years ago I bought a 3000 Ripple for the price of 20 cents, but couldn't sell when Ripple was at its peak since I had lost two-factor authentication access. GateHub restored my access for 3 months and I was late to sell tokens at a good price. Then the price fell again and I had a need for money. Then I sold Ripple for 25 cents. Here is such a sad story.
|
|
|
|
JollyGood
Legendary
Offline
Activity: 2702
Merit: 1812
|
|
May 15, 2019, 02:46:25 PM |
|
2.5 years ago I bought a 3000 Ripple for the price of 20 cents, but couldn't sell when Ripple was at its peak since I had lost two-factor authentication access. GateHub restored my access for 3 months and I was late to sell tokens at a good price. Then the price fell again and I had a need for money. Then I sold Ripple for 25 cents. Here is such a sad story. I am sorry to hear about this. If you had sold them for even a little less than their all time high of around $3.60 you would have made $10,000. It would have been a great investment return on $600. Considering you paid $600 and got back $750 at least you made a profit, many people investing in all sorts of crypto make losses as well as gains.
|
|
|
|
JollyGood
Legendary
Offline
Activity: 2702
Merit: 1812
|
|
May 15, 2019, 03:33:51 PM |
|
I hope so, I have invested in XRP and trust the price to rise whether sooner or later it will
|
|
|
|
enhu
Legendary
Offline
Activity: 2492
Merit: 1018
|
|
May 15, 2019, 04:24:42 PM |
|
Wow! Yesterday I wanted to buy XRP, but decided to postpone this idea until the end of the week. Instead of the XRP I bought Binance Coin. Yes, not just bought, and in exchange for BTC! I'm losing twice this time!!! Oh well! I'll fight back The price of XRP will go up and down but in smaller scale to that of Bitcoin and Ethereum. If it makes you comfortable just wait for a while and allow the price find a new stable level, then make your purchase. XRP is a great coin to hold for long term investors, buy low-price for around $0.30 and sell in a couple of years time for hopefully $3+ 2.5 years ago I bought a 3000 Ripple for the price of 20 cents, but couldn't sell when Ripple was at its peak since I had lost two-factor authentication access. GateHub restored my access for 3 months and I was late to sell tokens at a good price. Then the price fell again and I had a need for money. Then I sold Ripple for 25 cents. Here is such a sad story. Why did it took 3 months for them to give you the access? I have been one of the oldest investors of the projects I also have it on gatehub for years. I forgot my password but I do have the email access. I might also try to recover the access if soon I can see the price hit its ATH again.
|
|
|
|
styca
|
|
May 15, 2019, 04:57:48 PM |
|
XRP is a fantastic coin, with perhaps the most immediate real-world use-case in all of crypto. And they are far advanced, it's been going for many years now. I wouldn't be surpised to see it hit several dollars during the current bull run. It does depend to a large extent on other coins though, as we all know the market tends to move together to a large extent.
|
|
|
|
MemberBerries
|
|
May 15, 2019, 08:00:54 PM |
|
Wow
Guys try sending bitcoin from exchange to exchange and report me if it goes trough. Fml the btc network os congested. I will need to move XRP then as it seems to have no congestion.
Thank god you can almost trade XRP everywhere
|
|
|
|
JollyGood
Legendary
Offline
Activity: 2702
Merit: 1812
|
|
May 15, 2019, 11:54:31 PM |
|
XRP is a fantastic coin, with perhaps the most immediate real-world use-case in all of crypto. And they are far advanced, it's been going for many years now. I wouldn't be surpised to see it hit several dollars during the current bull run. It does depend to a large extent on other coins though, as we all know the market tends to move together to a large extent.
During the previous bull run in December 2017 / January 2018 XRP price hit around $3.60 so it would be interesting to see where the price stabilises
|
|
|
|
Ziskinberg
|
|
May 16, 2019, 04:15:49 AM |
|
XRP is a fantastic coin, with perhaps the most immediate real-world use-case in all of crypto. And they are far advanced, it's been going for many years now. I wouldn't be surpised to see it hit several dollars during the current bull run. It does depend to a large extent on other coins though, as we all know the market tends to move together to a large extent.
During the previous bull run in December 2017 / January 2018 XRP price hit around $3.60 so it would be interesting to see where the price stabilises If we can achieve better price this year, we will be able to break last 2017 ATH, we could see $5 dollars, who knows, right? At bull run, we will see breakout after breakout, so even the less likely movement that we are seeing now, might most likely happen in the this year.
|
|
|
|
reallester
Full Member
Offline
Activity: 646
Merit: 102
http://Moonbet.io
|
|
May 16, 2019, 04:20:24 AM |
|
XRP always followed bitcoin price, I know the next month xrp price will be right track same with bitcoin. most of people still hold them balance when falling drop at 2018. It can make smile for holder.
|
|
|
|
|
Kasabus
|
|
May 16, 2019, 06:54:56 AM |
|
I agree, that's my observation even before not knowing the link you shared. I remember those times when XRP was pumping hard and it was the most profitable in the year 2017. The information you shared is correct, good job, thank you for sharing.
|
|
|
|
|