Cnut237
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November 20, 2019, 10:15:05 AM |
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Whilst good news isn't often reflected in XRP price, it's not that XRP never rises... it does rise, and often very suddenly and dramatically compared with other big coins. The behaviour in this sense is more similar to low cap coins, which as we know are easily manipulated. So does this provide some evidence to back up the theory of deliberate manipulation of the XRP price?
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bettercrypto
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November 20, 2019, 02:19:08 PM |
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Whilst good news isn't often reflected in XRP price, it's not that XRP never rises... it does rise, and often very suddenly and dramatically compared with other big coins. The behaviour in this sense is more similar to low cap coins, which as we know are easily manipulated. So does this provide some evidence to back up the theory of deliberate manipulation of the XRP price?
I thought XRP will go skyrocket for the past few days, so I bought it at the price of 0.00003125 sats but it goes low. I don't know what will be the news that XRP triggers but as what you say, the price is manipulated and we cannot break the resistance once there are controls with the price. Wish it will be broken when December comes in.
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BTCGOLD
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November 20, 2019, 02:31:09 PM |
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I understand the distinction between Ripple and XRP, and it is certainly true that XRP has its own fair share of good news, along with Ripple... but that rarely if ever seems to translate into the sort of price movement we would see for other coins. Not sure why this is, or how much the token-dumping by Ripple plays a part... but regardless, XRP still has a really solid use case and looks good for the long-term.
My guess: really really rich people see potential, and manipulate price so they could buy large amounts cheap It is impossible to determine if the price is low or high, because double number or more coins can be created at any time and its value will be halved or can drop few times. Therefore, it is a great tool for speculators, but for long-term investors it can be a trap.
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Coin_trader
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November 20, 2019, 02:39:05 PM |
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Whilst good news isn't often reflected in XRP price, it's not that XRP never rises... it does rise, and often very suddenly and dramatically compared with other big coins. The behaviour in this sense is more similar to low cap coins, which as we know are easily manipulated. So does this provide some evidence to back up the theory of deliberate manipulation of the XRP price?
I thought XRP will go skyrocket for the past few days, so I bought it at the price of 0.00003125 sats but it goes low. I don't know what will be the news that XRP triggers but as what you say, the price is manipulated and we cannot break the resistance once there are controls with the price. Wish it will be broken when December comes in. It's because the bitcoin is pulling down altcoins. There's nothing wrong about XRP because the price just holding the position in USD value. Only the value in BTC is really affected. I'm expecting major price recovery once bitcoin become successful on defending 7.9k support.
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ðºÞæ
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November 20, 2019, 02:44:52 PM |
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XRP price is like claiming a piece of string is long, it is some imaginary number, Ripple has manipulated xrp price since day one. Tax payments for sold xrp does not match supply changes, only a matter of time for legal implications.
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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ePesoInitiative
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November 20, 2019, 07:40:29 PM |
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I just love the enthusiasm of the XRP army. I don't hold any XRP but I will trade it when the time comes. I strongly believe that Ripple will be one of the leading altcoins with the most volume in the coming of the altcoin season. That's an interesting perspective, you believe it'll have a leading position but you want to wait for a better time to trade it?! Don't you think it's close to a bottom, if it has not already hit bottom? Do you have a specific price in mind or are you judging if the time to buy is right or not based on every day data? Ripple will bottom out when Bitcoin stops teasing traders with dumping every significant price advances. All depends on BTC. When the first true sign of a trend reversal which is increased volume and resistance-breaking rallies, I will start buying XRP.
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RivAngE
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November 21, 2019, 08:36:48 AM |
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I just love the enthusiasm of the XRP army. I don't hold any XRP but I will trade it when the time comes. I strongly believe that Ripple will be one of the leading altcoins with the most volume in the coming of the altcoin season.
That's an interesting perspective, you believe it'll have a leading position but you want to wait for a better time to trade it?! Don't you think it's close to a bottom, if it has not already hit bottom? Do you have a specific price in mind or are you judging if the time to buy is right or not based on every day data? Ripple will bottom out when Bitcoin stops teasing traders with dumping every significant price advances. All depends on BTC. When the first true sign of a trend reversal which is increased volume and resistance-breaking rallies, I will start buying XRP. So when BTC starts doing higher highs and lower lows, when altcoins will be probably still lagging, that's when you see an opportunity. Because of how this stupid market works, I'll agree with you! That's how things are most likely to unravel. However I don't believe this is how things should have been. People who have grown tired of futures manipulation in BTC should go to the second best thing which is XRP until we brake out of some people's control. I believe there's enough real value to support BTC XRP and ETH, but right now the real value is being overshadowed by short trades which are supported by air.
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Branko
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November 21, 2019, 09:02:16 AM |
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I just love the enthusiasm of the XRP army. I don't hold any XRP but I will trade it when the time comes. I strongly believe that Ripple will be one of the leading altcoins with the most volume in the coming of the altcoin season.
That's an interesting perspective, you believe it'll have a leading position but you want to wait for a better time to trade it?! Don't you think it's close to a bottom, if it has not already hit bottom? Do you have a specific price in mind or are you judging if the time to buy is right or not based on every day data? Ripple will bottom out when Bitcoin stops teasing traders with dumping every significant price advances. All depends on BTC. When the first true sign of a trend reversal which is increased volume and resistance-breaking rallies, I will start buying XRP. So when BTC starts doing higher highs and lower lows, when altcoins will be probably still lagging, that's when you see an opportunity. Because of how this stupid market works, I'll agree with you! That's how things are most likely to unravel. However I don't believe this is how things should have been. People who have grown tired of futures manipulation in BTC should go to the second best thing which is XRP until we brake out of some people's control. I believe there's enough real value to support BTC XRP and ETH, but right now the real value is being overshadowed by short trades which are supported by air. Indeed...BTC weas created to escape exactly those kind of people, who are now ruining it the same way they do in fiat world...creating tether out of thin air, and manipulating BTC (and with BTC, whole market). Its pretty ironical, actually, fiat money and tether (whic is basically fiat, too) ruining crypto, and not the other way around Lets hope they get out of paper to print more money , soon
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RivAngE
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November 21, 2019, 07:02:50 PM |
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Lets hope they get out of paper to print more money , soon
But even if they run out of paper to print fiat, they'll still br issuing Tether... because they'll never run out of air!
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mich
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November 21, 2019, 08:26:15 PM |
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Bitcoin, XRP Receive Massive Exposure in 2019Bitcoin has not only seen a significant rise this year but also got into the global spotlight along with other crypto thanks to bankers and politicianshttps://u.today/bitcoin-xrp-receive-massive-exposure-in-2019
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mich
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November 22, 2019, 08:10:37 PM |
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bustedsynx
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November 22, 2019, 08:24:49 PM |
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LMAO. The words of Ryan Selkis "In other words, for all that centralization, corporate treasury shenanigans, and silver-tongued bullshit, you’re still getting a network that is pound for pound “shadier” than bitcoin, despite what Ripple execs might have regulators believe." He does admit Bitcoin is shady though. This is the link to the scathing report. https://messari.io/article/ripple-s-tax-shelter-xrp-schemes
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RivAngE
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November 22, 2019, 09:02:39 PM |
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LMAO. The words of Ryan Selkis "In other words, for all that centralization, corporate treasury shenanigans, and silver-tongued bullshit, you’re still getting a network that is pound for pound “shadier” than bitcoin, despite what Ripple execs might have regulators believe." He does admit Bitcoin is shady though. This is the link to the scathing report. https://messari.io/article/ripple-s-tax-shelter-xrp-schemesI have stopped wasting my time by reading analysts' opinions a long time now. Some of them are good at one financial asset but clueless on others, yet they comment on what they do not know. Some others are just getting paid to say bullshit. I only read the facts these days and draw my own conclusions.
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MemberBerries
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November 23, 2019, 08:48:38 AM |
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LMAO. The words of Ryan Selkis "In other words, for all that centralization, corporate treasury shenanigans, and silver-tongued bullshit, you’re still getting a network that is pound for pound “shadier” than bitcoin, despite what Ripple execs might have regulators believe." He does admit Bitcoin is shady though. This is the link to the scathing report. https://messari.io/article/ripple-s-tax-shelter-xrp-schemesImagine ANYTHING serious from a brainlet hahahaha Messari has serious conflict of interest with ripple, their investor deck has leaked and there is massive interest in destroying Ripple. I wonder why ripple isnt suing them
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styca
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November 23, 2019, 09:01:43 AM |
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I have stopped wasting my time by reading analysts' opinions a long time now. Some of them are good at one financial asset but clueless on others, yet they comment on what they do not know. Some others are just getting paid to say bullshit.
I only read the facts these days and draw my own conclusions.
Me too. There is a load of absolute shit coming from these supposed experts, always has been. There is always a lot of noise in crypto, and people who want to get themselves heard tend to make outrageous claims. Whether they actually believe the stuff they're coming out with is a different question.
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posi
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November 23, 2019, 10:27:24 AM |
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Thanks for sharing the article link and something most the bitcoin/cryptocurrency haters don't know is that when they mentioned bitcoin more people want to really learn what bitcoin is and one of the reason why Trump cursed bitcoin is definitely because of the statement made by his ex chief of strategy which also happen to believe in bitcoin. With that been said, have seen you posting quite a few message on this thread, are you by chance XRP fan?
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vsyc
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November 23, 2019, 06:15:06 PM |
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Am bullish
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bustedsynx
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November 23, 2019, 09:24:12 PM |
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I have stopped wasting my time by reading analysts' opinions a long time now. Some of them are good at one financial asset but clueless on others, yet they comment on what they do not know. Some others are just getting paid to say bullshit.
I only read the facts these days and draw my own conclusions.
Me too. There is a load of absolute shit coming from these supposed experts, always has been. There is always a lot of noise in crypto, and people who want to get themselves heard tend to make outrageous claims. Whether they actually believe the stuff they're coming out with is a different question. But sadly most who place them as a reknown crypto influencer believe in their bullshit. I think only the OG knows the real score with these so-called experts. It's a free world after all - free to shill yourselves.
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vsyc
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November 25, 2019, 02:17:23 AM |
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It was 700ish day of bear market, but XRP is only one that made 4th new bottom. Am bullish.
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MemberBerries
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November 25, 2019, 01:33:00 PM |
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It was 700ish day of bear market, but XRP is only one that made 4th new bottom. Am bullish.
Xrp is a scam as long as miguel dumping vias sells xrp for cripple
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