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Author Topic: Ripple (XRP) rising?  (Read 3878 times)
jhonbravo
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August 23, 2017, 09:14:20 AM
 #41

Does anyone know why Ripple (XRP) had a good rise today? Not following why it is listed on Bitstamp along with Bitcoin, Litecoin and Ether.

24 hour left to fly to moon as per tweet from XRP account .. they mentioned bank & blockchain 3..2...1..  Grin
Soranith
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August 23, 2017, 09:36:20 AM
 #42

I heard there's a good news about ripple that's why its pumping but we all know the history of ripple after the big pump big dump will happen. I used to hold and like this coin but then I lost my trust and dump mine with a profit of course.
vsyc
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August 23, 2017, 09:40:46 AM
 #43

I heard there's a good news about ripple that's why its pumping but we all know the history of ripple after the big pump big dump will happen. I used to hold and like this coin but then I lost my trust and dump mine with a profit of course.

And now you see that you decision was very wrong, of course  Grin
defined
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August 23, 2017, 09:54:36 AM
 #44

Short answer: a pump.
50% increase in a day can only happen because of speculation. Win or lose 50% in a day is not investing, it is gambling.
Sozialtourist
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August 23, 2017, 10:07:24 AM
 #45

Ripple has some impressive trading volume in the last 24h, seems especially a big thing on the Korean market atm. Volume is nearly as high as the BTC one. If they manage to get into the Chinese market I can see it grow even more.
Piggy
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August 23, 2017, 10:16:56 AM
 #46

Ripple has some impressive trading volume in the last 24h, seems especially a big thing on the Korean market atm. Volume is nearly as high as the BTC one. If they manage to get into the Chinese market I can see it grow even more.

is not matter of if but when  Wink
Bramen
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August 23, 2017, 10:25:08 AM
 #47

who cares it's not decentralized and they work with banks. also supply is too high /s
Your response is contradictory. It is true it's centralized and so banks could have controlled it. But the high supply is actually against the thought that the price can be controlled, for the bigger supply the smaller share one has from the total amount of coins and thus the less difference one bank makes.

The supply is high at 38bn currently, but the escrow Ripple controls is even higher at 55bn. So yes, the price can be controlled to a large extent by Ripple themselves when they sell up to 1bn per month to the market, and the FIs (whales) Ripple sell XRP to.
doubletoilandtrouble
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August 23, 2017, 10:28:17 AM
 #48

I think this price increase occurred due to the rumours of a partnership with Alibaba - which would be huge if true.
Piggy
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August 23, 2017, 10:42:13 AM
 #49

I think this price increase occurred due to the rumours of a partnership with Alibaba - which would be huge if true.

it's strange because ripple works with banks, if alibaba decides to use xrp, still can do it without any partnership i think?
bitorama
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August 23, 2017, 10:50:28 AM
 #50

because all the investors are curious about the countdown on twitter
go4crypto
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August 23, 2017, 05:42:32 PM
 #51

Whatever the new or rumor causing the price jump in Ripple, it has completed a major correction from
its May high ~$0.45 and should go to new highs on next major rally.
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August 23, 2017, 05:43:59 PM
 #52

https://twitter.com/Ripple/status/900402986723065857
hanonun
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October 22, 2017, 09:13:18 PM
 #53

xrp falling down again'n again...

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