Why XRP is going down???

[ðºÞæ]

Who, with a healthy mind will pay $0.2 for one xrp when the previous owner paid just $0.0085 (the real price) for it a moment ago?
Out of the thousands of coins, xrp has probably the worst inflation rate.  90% (60%  depending on viewpoint)  still need to find a buyer.

[coingrow]

Ripple will def rip through the previous all time high during the next altcoin pump. When people are wishing rip for ripple, that will be the time it will make its moves. Study Market Cycles!

[Rufsilf]

The only reason for that is the hype is gone now. The XRP is centralized so it is working with the banks and other parts of centralization and that is an attractive characteristic for the people so i think that they are leaving the XRP because there is no excitement that is left in that coin and the hype is already gone.

[XIANNE25]

Some of the projects like ripple has a huge total supply and it's impossible to reach high value right away..this kind of coin has a great goal for the future.this is for a long term goal not for a short time of trade..they may focus on the project not the pump and dump

[Snaic]

The course of the Ripple coin decreases against the background of the fall of the other altcoys. In turn, altcoins drop in price, because before the bitcoin fork, money is being transferred from the altkoins to bitcoins. All will return to their seats as soon as the bitcoin price stabilizes after the fork on October 25.

[kheysha]

XRP isgoing down probably because of the upcoming hardfork. Actually, most of the coins in the market are going down since they are affected by bigcoin's hardfork. Although, these coins will soon pump when the hardfork is over and bitcoin is slowly recovering.

hopefully it happens. My hope extinct to get BCG now
I'm stuck on XRP by buying it at a high price.
the only hope is to see hardfork finished and the price back to normal.

[PhucS]

Over the past week, XRP and other altcoins have tended to fall. According to my observation, the XRP has fallen sharply from $ 0.25 to $ 0.2. The slippage of the Ripple is similar to most of the major Altcoins, almost all of them falling. I think the reason for this is that investors have switched to Bitcoin, which makes the original cryptocurrency much higher and makes the altcoin tends to decrease. Also due to the impact of the upcoming hardfork, some people want to store Bitcoins. But do not worry too much, I think it will recover and can develop in the future

[shreya_g]

Dont know whats the reason but other coins as well like waves and ethereum are going down recently...Only bitcoin is going up

[Snaic]

Bitcoin is now rising in price in front of the fork, partly due to the withdrawal of funds from the altcoyins. Therefore, altcoyins are omitted. The same applies to the ripple coin. As soon as the fork passes, the bitcoin course will stabilize and the altcoins will grow.

[Olega252]

now everyone wants freebies, get fork bitkoin, and will be happy, but not here it was, after October 25 we'll see how the market of altcoyins reacts,
my opinion is that the alts will go to look for 22 bottoms, and bitcoin holders and bitcoins of gold will sell everything in Fiat to bring down the market completely, although I may be mistaken, all luck 

[Matdog]

Swell doesn't seem to fail.
I don't believe it.

i heard bad news about xrp, development from xrp was sentenced in japan due to embezzlement of money.
i dont know this is true or not

[pantek talacuik]

not just XRP alone, other altcoins are also down. this is a common thing because bitcoin currently has a very high price. and it will affect all altcoin. plus XRP supplies are numerous, and buyers are few.

[Saifher]

All alts are going down as most people have pointed, but know that XRP is a heavily premined coin with most of the circulating supply in the hands of the dev team, and the banks dont need to buy XRP to use the system (red flags everywhere)

[CoinClarity]

Hope you didn't sell too much!

[ExBBBBB]

Because it's a shitcoin that has been build for those banktards a coin that is centralized and also a coin that is premined.

[zhangcaisbsbn55]

Because the proce of btc is rising. And it is normal for most of the coins that are depending on btc. That's the theory of the market. When the btc goes down, then its price will go up.

[partysumo]

I think ripple is tied too much to external events, like banks or institutions announcing partnerships with ripple. So the price increases come in waves, which I think is not good. It will definitely lead to some price increases and profits in the short run, but in the long run, this type of behavior cannot be healthy for an altcoin.

[Minotus]

Ripple is very open to speculations so it’s very vulnerable. After this post created ripple got high again. That’s another reason why people think twice while investing in it. It will probably see much higher numbers but i don’t like investing in risky coins.

[tohahamid1]

not only ripple but also many alt coin price flactuate.although price increase or decrease is a nature of a coin.

[denysrodman]

Wall Street is bullish on Ripple. Both Moneygram and Western Union stock went up the moment they announced plans to partner with Ripple. Wall Steets reaction to both announcements is an indication they are bullish on Ripple. This sends a clear message to the rest of the banking and financial industry, partner with Ripple and watch your stock price increase as a direct result from it. A Win-Win situation for any company. Low cost, fast transactions - Increase in stock price. This is an extremely tempting proposition scenario, and why Ripple is now on so many companies radars.