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Blazin8888 (OP)
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September 19, 2016, 03:11:29 PM
 #1

XRP NEWS: http://www.nasdaq.com/article/banks-are-turning-to-the-blockchain-in-a-big-way-cm681111

https://poloniex.com/exchange#btc_xrp
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September 20, 2016, 02:55:12 AM
 #2

Thanks for posting the news and the link to Poloniex. Now I would like to say that the news and the attempt to pump XRP did not really work. It only created a new group of holders with a losing investment. It is better to wait again for XRP to go down to 900 to 1000 satoshis again before buying.

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solid12345
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September 20, 2016, 03:28:40 AM
 #3

Thanks for posting the news and the link to Poloniex. Now I would like to say that the news and the attempt to pump XRP did not really work. It only created a new group of holders with a losing investment. It is better to wait again for XRP to go down to 900 to 1000 satoshis again before buying.

Yep, I lost my short buying at 12,500, obviously I know the name of the game but the fact they couldn't keep the momentum going is a bad sign in the short term IMO, I exited at a loss.

I think the reality is crypto traders have no vested interest in pumping XRP as it's "the banker coin" and Ripple's banking partners aren't too keen for a price rise in the near future either, so until it starts taking over SWIFT or something it's a risky hold.
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September 20, 2016, 02:45:33 PM
 #4

Thanks for posting the news and the link to Poloniex. Now I would like to say that the news and the attempt to pump XRP did not really work. It only created a new group of holders with a losing investment. It is better to wait again for XRP to go down to 900 to 1000 satoshis again before buying.

Yep, I lost my short buying at 12,500, obviously I know the name of the game but the fact they couldn't keep the momentum going is a bad sign in the short term IMO, I exited at a loss.

I think the reality is crypto traders have no vested interest in pumping XRP as it's "the banker coin" and Ripple's banking partners aren't too keen for a price rise in the near future either, so until it starts taking over SWIFT or something it's a risky hold.

Totally agree, the banks participating in the Ripple show and the experiments they're conducting are all long-term endeavors (5 yrs). Besides being the banker's coin, there is no transparency at all with regard to issuance of coins. On the other hand, I guess one could make a couple of bucks having the patience to wait for major press-breakthroughs.
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September 20, 2016, 03:28:51 PM
 #5

Thanks for posting the news and the link to Poloniex. Now I would like to say that the news and the attempt to pump XRP did not really work. It only created a new group of holders with a losing investment. It is better to wait again for XRP to go down to 900 to 1000 satoshis again before buying.

How about don't buy ICO scam coins at all ?

FUD first & ask questions later™
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