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Branko
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November 10, 2019, 03:34:32 PM |
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JollyGood
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November 11, 2019, 01:46:32 AM |
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When I read what you said about Ripple news, I don't really agree with you. XRP is present in a lot of market place. Thus, its value should be exponentially moved in one way or another by these "news", that for the actual cryptocurrency situation, are far from being bad (99% of available cryptocurrency owners would cut their balls for this kind of partnership). I have considered buying XRP since I started investing in cryptocurrencies, but I have been waiting for it to fluctuate or respond to any of these positive news, which it hasn't done for the moment. I am still not understanding why it is not responding positively to these news in terms of value, maybe you have got some ideas? Like you I also am struggling to understand why the news and announcements no matter how positive are not pushing the XRP price higher. It has so much potential and for such a low price and still be the third largest by market capital only behind Ehtereum and Bitcoin says a lot. It has that impressive run around 2 years when the price hit around $3.60 but since that bull-run it really did not have much going for it. I hope it finishes the end of year on a high note rather than still be near the sub $0.30 mark. |
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Branko
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November 11, 2019, 07:31:46 AM |
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suzanne5223
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November 11, 2019, 03:01:36 PM |
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When I read what you said about Ripple news, I don't really agree with you. XRP is present in a lot of market place. Thus, its value should be exponentially moved in one way or another by these "news", that for the actual cryptocurrency situation, are far from being bad (99% of available cryptocurrency owners would cut their balls for this kind of partnership). I have considered buying XRP since I started investing in cryptocurrencies, but I have been waiting for it to fluctuate or respond to any of these positive news, which it hasn't done for the moment. I am still not understanding why it is not responding positively to these news in terms of value, maybe you have got some ideas? Like you I also am struggling to understand why the news and announcements no matter how positive are not pushing the XRP price higher. It has so much potential and for such a low price and still be the third largest by market capital only behind Ehtereum and Bitcoin says a lot. The surge in price of cryptocurrency in the market are not measure by the good news and announcement cause once an altcoin is centralized the big fish in the game can force control the price as they wanted. Meanwhile, trust matter the most in every business setting and you can't expect a crypto which is not trusted by the community to make good surge in price. It has that impressive run around 2 years when the price hit around $3.60 but since that bull-run it really did not have much going for it. I hope it finishes the end of year on a high note rather than still be near the sub $0.30 mark.
Every crypto in the market experience surge in price during the bull run you mentioned and my advice to you if you really want make good return from your investment. Don't choose centralized coin no matter the endorsement they had received or about to. |
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target
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November 11, 2019, 03:14:19 PM |
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When I read what you said about Ripple news, I don't really agree with you. XRP is present in a lot of market place. Thus, its value should be exponentially moved in one way or another by these "news", that for the actual cryptocurrency situation, are far from being bad (99% of available cryptocurrency owners would cut their balls for this kind of partnership). I have considered buying XRP since I started investing in cryptocurrencies, but I have been waiting for it to fluctuate or respond to any of these positive news, which it hasn't done for the moment. I am still not understanding why it is not responding positively to these news in terms of value, maybe you have got some ideas? Like you I also am struggling to understand why the news and announcements no matter how positive are not pushing the XRP price higher. It has so much potential and for such a low price and still be the third largest by market capital only behind Ehtereum and Bitcoin says a lot. The surge in price of cryptocurrency in the market are not measure by the good news and announcement cause once an altcoin is centralized the big fish in the game can force control the price as they wanted. Meanwhile, trust matter the most in every business setting and you can't expect a crypto which is not trusted by the community to make good surge in price. It has that impressive run around 2 years when the price hit around $3.60 but since that bull-run it really did not have much going for it. I hope it finishes the end of year on a high note rather than still be near the sub $0.30 mark.
Every crypto in the market experience surge in price during the bull run you mentioned and my advice to you if you really want make good return from your investment. Don't choose centralized coin no matter the endorsement they had received or about to. I will always think this XRP is manipulated heavily because its been seen to be used by banks as they claimed and the manifestation starts with this moneygram already. Although price may go up, you will have to deal with the stressful price which will not make you money if you are a small trader. I think the only reason why its still relevant for some is because of small transaction fee when using XRP. |
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JollyGood
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November 11, 2019, 03:24:13 PM |
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I will always think this XRP is manipulated heavily because its been seen to be used by banks as they claimed and the manifestation starts with this moneygram already. Although price may go up, you will have to deal with the stressful price which will not make you money if you are a small trader. I think the only reason why its still relevant for some is because of small transaction fee when using XRP. Do you think XRP will have a long term future or do you think it will die out? |
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Branko
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November 11, 2019, 05:02:22 PM |
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Every crypto in the market experience surge in price during the bull run you mentioned and my advice to you if you really want make good return from your investment. Don't choose centralized coin no matter the endorsement they had received or about to.
So, no BTC, since its totally China controlled? |
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JollyGood
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November 13, 2019, 12:33:31 AM |
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Now trading just above $0.27
I hope things start improving with the price. It will be a moral booster for investors to see it hit the $0.30 mark
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adaseb
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November 13, 2019, 04:01:12 AM |
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Still have some of my XRP position opened since the 2500 area or so. Only XRP trade of this year that ended up in profit. Already took partials. Was going to close however it looks like we can probably reach 5000 sats since ETHBTC and LTCBTC look like they are ready for a break out.
Another indicator is that the BTC dominance is slowly going down and during some moves it seems that whales are dumping BTC for alts. A few weeks ago there was a massive dump on BTC because some whale bought tons of ETH by selling his BTC.
Looks like we might finally get the alt season, however no idea how large it will be. Probably nothing like 2017.
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JollyGood
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November 13, 2019, 06:57:05 PM |
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Many people have opinions an express them accordingly. For every one person you would find supportive or accepting of one crypto, you could another person that is very much supportive or accepting of it. |
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RivAngE
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What doesn't kill you, makes you stronger
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November 13, 2019, 08:03:31 PM |
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Still have some of my XRP position opened since the 2500 area or so. Only XRP trade of this year that ended up in profit. Already took partials. Was going to close however it looks like we can probably reach 5000 sats since ETHBTC and LTCBTC look like they are ready for a break out.
Another indicator is that the BTC dominance is slowly going down and during some moves it seems that whales are dumping BTC for alts. A few weeks ago there was a massive dump on BTC because some whale bought tons of ETH by selling his BTC.
Looks like we might finally get the alt season, however no idea how large it will be. Probably nothing like 2017.
I'd say it's a bad timing to close your XRP positions now, XRP has lagged behind the last months and it should break out any time now, outperforming Ethereum and other alts. |
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boris1044
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November 13, 2019, 08:45:16 PM |
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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
They said this bear market is washing out all the shitcoins. I’d say this bear market is also washing out all the idealists. Everyone has their own vision of what crypto is supposed to be and sometimes they clam up when their views are challenged. The fact that XRP has maintained it’s #2 spot despite the vocal majority of haters shows you that there’s significant capital in support of this project. I too used to be an anti-Ripple guy, then I actually sat down and did about 8 hours of research. Dudes can’t even be bothered to watch a 1.5 hr primer video. You can’t expect these people to turn heel off haters' comments. I think those who think for themselves and avoid regurgitating unfounded talking points could stand to make tremendous gains. A lot of “traders” put their ideals before their true motives...profit. This doesn’t make any sense to me. Crypto’s most immediate use case is the financial sector and there’s only one project that has their attention. Not many want to face the music because it forces them to realize that their ideals are misaligned with reality. |
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RivAngE
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November 14, 2019, 06:19:45 AM |
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Why are you quoting the OP from years ago? What's funny though is that, after read the whole post thinking it was new, I didn't realize it was old because so many points are still valid!  |
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Angrydwarfs
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November 14, 2019, 09:22:02 AM |
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Still have some of my XRP position opened since the 2500 area or so. Only XRP trade of this year that ended up in profit. Already took partials. Was going to close however it looks like we can probably reach 5000 sats since ETHBTC and LTCBTC look like they are ready for a break out.
Another indicator is that the BTC dominance is slowly going down and during some moves it seems that whales are dumping BTC for alts. A few weeks ago there was a massive dump on BTC because some whale bought tons of ETH by selling his BTC.
Looks like we might finally get the alt season, however no idea how large it will be. Probably nothing like 2017.
I'd say it's a bad timing to close your XRP positions now, XRP has lagged behind the last months and it should break out any time now, outperforming Ethereum and other alts. Why has it lagged behind? It has very little demand or usage unlike ethereum |
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Branko
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November 14, 2019, 09:33:57 AM
Last edit: November 14, 2019, 09:54:32 AM by Branko Merited by suchmoon (7), Daniel91 (1) |
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Still have some of my XRP position opened since the 2500 area or so. Only XRP trade of this year that ended up in profit. Already took partials. Was going to close however it looks like we can probably reach 5000 sats since ETHBTC and LTCBTC look like they are ready for a break out.
Another indicator is that the BTC dominance is slowly going down and during some moves it seems that whales are dumping BTC for alts. A few weeks ago there was a massive dump on BTC because some whale bought tons of ETH by selling his BTC.
Looks like we might finally get the alt season, however no idea how large it will be. Probably nothing like 2017.
I'd say it's a bad timing to close your XRP positions now, XRP has lagged behind the last months and it should break out any time now, outperforming Ethereum and other alts. Why has it lagged behind? It has very little demand or usage unlike ethereum You should inform yourself before posting. It HAS its usage, of course, what it lacks is demand. But as ODL gains traction, demand will grow too. Price can be affected either by pure speculation (like most other cryptos, btw) or by usage...and for usage to increase price, current demand should probably go up 100X or more. However, it happens on a daily basis, as you can see here https://thexrpdaily.com/2019/10/22/xrp-on-demand-liquidity-is-booming-at-this-rate-we-should-see-further-dramatic-increases/so at this rate, we're maybe few months away, only Keep in mind that Q4 is far from over:  |
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wwzsocki
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November 14, 2019, 04:23:29 PM
Last edit: November 16, 2019, 10:52:25 AM by wwzsocki |
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I have to admit that even if I don't like that centralization and banks involvement in RIPPLE I started to use it for transactions whenever this possible because it is so far the cheapest and fastest altcoin for this purpose. At the begin of 2018, I was using Litecoin for my transactions and later BCH for a while but in the last months, I use only XRP because it is listed on every exchange.
Now we can assume that I am not the only one who chooses XRP and I wonder why the price is not spiking together with the volumes. We should see both of them growing taking into consideration how many people use already XRP.
Still, there is a lack of adoption like merchants for Ripple, cards, ATMs and all the rest which makes from other altcoins real payment solutions.
I don't know if this is even planned for Ripple but I think it would bring XRP closer to normal people and not only traders who use it to transfer money between exchanges in a cheap way.
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mich
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November 14, 2019, 05:46:51 PM |
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Coinbase Card Adds XRP and Launches in 10 More European Countries
Coinbase’s Visa debit card has expanded support for five more cryptocurrencies in ten new jurisdictions, the firm announced in two separate tweets on Nov. 14. Launched in April 2019, Coinbase Card now supports a total of nine cryptocurrencies in 29 countries in Europe.https://cointelegraph.com/news/coinbase-card-adds-xrp-and-launches-in-10-more-european-countries
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