RivAngE
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What doesn't kill you, makes you stronger
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May 25, 2019, 11:14:21 PM |
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The technical analysis works when the market consists of professional traders who all run mostly the same formulas and view similar signals, so when a famous technical method shows bearish signals it causes a short-term price drop and people self-fulfill their analysis. This don't work as well in the chaotic cryptocurrency field which consists mostly by young people with minimal or even no investing experience. You'd do better to ignore any technical analysis outlook, both the ones showing $100 XRP / $500,000 BTC and the ones showing $0.01 XRP / $500 BTC. And don't forget that the ripple "foundation" still holds the majority of xrp and they will just continually dump it on the market. Ah right, if you say so it must be true. I mean... there's no need for a source or proof! I tend to trust anything the random guys on internet are saying!
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MemberBerries
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May 26, 2019, 08:36:56 AM |
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The technical analysis works when the market consists of professional traders who all run mostly the same formulas and view similar signals, so when a famous technical method shows bearish signals it causes a short-term price drop and people self-fulfill their analysis. This don't work as well in the chaotic cryptocurrency field which consists mostly by young people with minimal or even no investing experience. You'd do better to ignore any technical analysis outlook, both the ones showing $100 XRP / $500,000 BTC and the ones showing $0.01 XRP / $500 BTC. And don't forget that the ripple "foundation" still holds the majority of xrp and they will just continually dump it on the market. And dont forget efirium is centralised around vitalek. And dont forget btc mining is centralised in choyna
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Ripplelongtermbeliver
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May 26, 2019, 12:14:11 PM |
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Hi!! First of all, I love ripple and I believe its the best crypto so far, but I want to be the Devil's advocate! Why would the banks use XRP instead of taking 5 years to create there own e-money? The banks are not that much in hurry? Are they? Why would the banks make this list of people rich : https://ledger.exposed/rich-stats by using ripple ? When in the history of the world does the king/emperor/president were kind and generous to their people? (I mean the leader giving away a bit of power = If they adopt the ripple XRP, Brad G and its crew are going to be richer than the banks) Banks could use Xrapid without ever using XRP so the price would rise? I see 2 paths, its either the big banks winning with their e-money crypto OR Ripple!!! (Who's going to win)? I would prefer ripple obviously!!! Thanks
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vsyc
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May 26, 2019, 01:27:07 PM |
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The technical analysis works when the market consists of professional traders who all run mostly the same formulas and view similar signals, so when a famous technical method shows bearish signals it causes a short-term price drop and people self-fulfill their analysis. This don't work as well in the chaotic cryptocurrency field which consists mostly by young people with minimal or even no investing experience. You'd do better to ignore any technical analysis outlook, both the ones showing $100 XRP / $500,000 BTC and the ones showing $0.01 XRP / $500 BTC. And don't forget that the ripple "foundation" still holds the majority of xrp and they will just continually dump it on the market. Ah right, if you say so it must be true. I mean... there's no need for a source or proof! I tend to trust anything the random guys on internet are saying! Ripple quarter report is not enough?
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encycrypto
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May 26, 2019, 01:28:27 PM |
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Hi!! First of all, I love ripple and I believe its the best crypto so far, but I want to be the Devil's advocate! Why would the banks use XRP instead of taking 5 years to create there own e-money? The banks are not that much in hurry? Are they? Why would the banks make this list of people rich : https://ledger.exposed/rich-stats by using ripple ? When in the history of the world does the king/emperor/president were kind and generous to their people? (I mean the leader giving away a bit of power = If they adopt the ripple XRP, Brad G and its crew are going to be richer than the banks) Banks could use Xrapid without ever using XRP so the price would rise? I see 2 paths, its either the big banks winning with their e-money crypto OR Ripple!!! (Who's going to win)? I would prefer ripple obviously!!! Thanks That's indeed a good question. Banks would not prefer to do the stuff like transactions on a public blockchain that is viewable by everyone. They should get their own private blockchain and integrate it to their system instead of relying on XRP. Any comments on this, anyone?
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Makkara
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May 26, 2019, 01:49:41 PM |
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I love that this thread is still active! Even Bae evolved trough time. Nice to see you actively engaging in arguments instead of fartin 'ryppel premine' nonsense and other dumb stuff. Have a nice day guys, and don't forget to buy XRP XRP is still floating around the $0.40 mark - an excellent investment. People should consider adding it to their portfolio in high quantities. XRP and other top cryptocurrencies prices not so high so we can still invest on XRP and other top crypto for better profit. In last mini bull run prices rose up but not enough hope so in coming months we will see again massive gain in XRP price, market will be green again. XRP and other top crypto's holding strong support level, market could follow uptrend again if any positive news publish on website. There is quite a lot of uncertainty going on we are not completely out of the bear market, as you can see there is a struggle to break the current resistance. If bitcoin doesn't go up nothing will, at least at this stage of the game
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MemberBerries
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May 26, 2019, 02:10:06 PM |
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Hi!! First of all, I love ripple and I believe its the best crypto so far, but I want to be the Devil's advocate! Why would the banks use XRP instead of taking 5 years to create there own e-money? The banks are not that much in hurry? Are they? Why would the banks make this list of people rich : https://ledger.exposed/rich-stats by using ripple ? When in the history of the world does the king/emperor/president were kind and generous to their people? (I mean the leader giving away a bit of power = If they adopt the ripple XRP, Brad G and its crew are going to be richer than the banks) Banks could use Xrapid without ever using XRP so the price would rise? I see 2 paths, its either the big banks winning with their e-money crypto OR Ripple!!! (Who's going to win)? I would prefer ripple obviously!!! Thanks That's indeed a good question. Banks would not prefer to do the stuff like transactions on a public blockchain that is viewable by everyone. They should get their own private blockchain and integrate it to their system instead of relying on XRP. Any comments on this, anyone? Yes sir me sir! https://www.researchgate.net/publication/318304899_PathShuffle_Credit_Mixing_and_Anonymous_Payments_for_RipplePathShuffle: Credit Mixing and AnonymousPayments for RippleIts a feature where banks can be as private as they wish sir! Do you think its a good start for an argument against 'banks will never use ripple because its a public network' ?
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JollyGood
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May 26, 2019, 03:21:10 PM |
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There is always some uncertainty in the market but I cannot see being on the losing side with XRP.
Ripple is going places, it has a big future and I want to see my investment grow as Ripple implementation grows.
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dr.cheema
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May 26, 2019, 07:02:59 PM |
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There is always some uncertainty in the market but I cannot see being on the losing side with XRP.
Ripple is going places, it has a big future and I want to see my investment grow as Ripple implementation grows.
Yeah you are right even that there is no losing side with other top crypto's too. If right now we will invest on top crypto's like XRP, BTC, ETH, LTC and BNB then definitely we can get massive profit after months. Obviously Market is no going down nor going up but according to current situation of market we can expect huge rise in market again.
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vsyc
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May 26, 2019, 09:56:37 PM |
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There is always some uncertainty in the market but I cannot see being on the losing side with XRP.
Ripple is going places, it has a big future and I want to see my investment grow as Ripple implementation grows.
If to speak about market and uncertainty, there is certainly facts: BTC approaches x3, LTC x5, BCH x5, ETH x3. XRP is still strugles wity x2. So, speaking of certainties, certainly XRP str7gles.
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encycrypto
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May 26, 2019, 10:22:46 PM |
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XRP is taking a little damage from this BTC pump. Even though XRP is more than five years old, it's acting like a typical shitcoin right now.
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JollyGood
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May 27, 2019, 01:58:16 AM |
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XRP is taking a little damage from this BTC pump. Even though XRP is more than five years old, it's acting like a typical shitcoin right now. XRP is third biggest crypto in the world by market capital. It is not performing yo-yo style ups and downs like ETH and BTC has been in the past. It is a stable crypto.
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freedomgo
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May 27, 2019, 03:15:56 AM |
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XRP is taking a little damage from this BTC pump. Even though XRP is more than five years old, it's acting like a typical shitcoin right now. XRP is third biggest crypto in the world by market capital. It is not performing yo-yo style ups and downs like ETH and BTC has been in the past. It is a stable crypto. I cannot agree that XRP is stable, it was the most pump coin in 2017 but it's only carrying $.40 price now while it's ATH was $4 if I'm not mistaken. It has its pump and dump in the past also, nothing is really stable in this market IMO.
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RivAngE
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What doesn't kill you, makes you stronger
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May 27, 2019, 08:46:18 AM |
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XRP is taking a little damage from this BTC pump. Even though XRP is more than five years old, it's acting like a typical shitcoin right now. XRP is third biggest crypto in the world by market capital. It is not performing yo-yo style ups and downs like ETH and BTC has been in the past. It is a stable crypto. I cannot agree that XRP is stable, it was the most pump coin in 2017 but it's only carrying $.40 price now while it's ATH was $4 if I'm not mistaken. It has its pump and dump in the past also, nothing is really stable in this market IMO. The ATH was a momentary $3.40, but let's not blame people's greed and FOMO to a "pump and dump" scheme. People sent every coin absurdly high, especially XRP was the top performing one (or rather, the most crazily performing one) and everyone was punished for their thoughtless actions. Now we've seen the opposite of this, which is extremely low prices. Again people are selling their XRP for free when their value should be over $1.00 after the technological improvements and the deals Ripple has scored.
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JollyGood
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May 27, 2019, 10:11:37 AM |
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XRP is taking a little damage from this BTC pump. Even though XRP is more than five years old, it's acting like a typical shitcoin right now. XRP is third biggest crypto in the world by market capital. It is not performing yo-yo style ups and downs like ETH and BTC has been in the past. It is a stable crypto. I cannot agree that XRP is stable, it was the most pump coin in 2017 but it's only carrying $.40 price now while it's ATH was $4 if I'm not mistaken. It has its pump and dump in the past also, nothing is really stable in this market IMO. The ATH was a momentary $3.40, but let's not blame people's greed and FOMO to a "pump and dump" scheme. People sent every coin absurdly high, especially XRP was the top performing one (or rather, the most crazily performing one) and everyone was punished for their thoughtless actions.
Now we've seen the opposite of this, which is extremely low prices. Again people are selling their XRP for free when their value should be over $1.00 after the technological improvements and the deals Ripple has scored.
And Bitcoin ATH was around $20,000 and yet a few weeks ago it was around $4000 and now it is $8700 - so that cannot be labelled stable. I could apply the same analogy to many other crypto to give my opinion on what I consider stable or not. XRP has no reason to be over $1, it is your opinion that it should be. As an investor who purchased many years ago I have seen a profit of many fold, I would be happy for XRP to end the 2019 year with a price of $0.45 while the other crypto around see their price fluctuate between hundreds and in the case of Bitcoin thousands of US$ in a matter of weeks with wild-west buying and selling - it is XRP that does not suffer on that scale. For me it has been a great investment but others have their own experiences and opinions.
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Makkara
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May 27, 2019, 11:19:00 AM |
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Big things will happen IF somebody starts to use xrp to settle payment. It may or not happen, worth the wait in my opinion given all the big players involved.
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cabron
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May 27, 2019, 04:55:39 PM |
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Big things will happen IF somebody starts to use xrp to settle payment. It may or not happen, worth the wait in my opinion given all the big players involved.
They were claiming about banks going to be using XRP, didn't they? Those weren't proven yet but if for instance, XRP price may really go more than its ATH. $0.45 would be realistic but that would be too low to see when we know for the fact that its price reached up to $3 last 2017. I guess it all depend to the price of BTC just as how altcoins rely to the BTC price.
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dr.cheema
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May 27, 2019, 06:18:50 PM |
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Big things will happen IF somebody starts to use xrp to settle payment. It may or not happen, worth the wait in my opinion given all the big players involved.
Big things will happen in near future, something bigger already happening behind the scene, when players step in XRP price will be high. So we should ready for it and buy at current price, price is not so high right now so best time to grab some XRP and other top crypto. https://www.cryptonewsz.com/ripple-price-analysis-xrp-predictions-news-and-chart-may-27/21838/
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