Has Ripple's XRP token reached its peak gain? Will it crash if no Coinbase add?

[JuniAiko]

The pump for XRP today is closely linked to the false rumor being spread that Coinbase is adding XRP.
I fear it may significantly drop in the coming weeks if this turn out to be untrue. :\

[cryptocue]

If coinbase will add XRP they did it a long time ago,this centralized coin shouldnt be considered as a cryptocurrency so i dont think coinbase will allow this coin to be added in their exchange,shameful coin which has been shilling by those few people who has been manipulating this coin.I am too happy for our community that most of the people has opened their eyes,few noobs are the ones who are supporting this coin.

[JuniAiko]

If coinbase will add XRP they did it a long time ago,this centralized coin shouldnt be considered as a cryptocurrency so i dont think coinbase will allow this coin to be added in their exchange,shameful coin which has been shilling by those few people who has been manipulating this coin.I am too happy for our community that most of the people has opened their eyes,few noobs are the ones who are supporting this coin.

I think so too. I use XRP mainly for speculation.
Collected my profits due to the pump as the result of the false rumour, and reinjected into other better coins that are actually still undervalued (and haven't been pumped).

[djsugar]

The pump for XRP today is closely linked to the false rumor being spread that Coinbase is adding XRP.
I fear it may significantly drop in the coming weeks if this turn out to be untrue. :\

Exactly, the same scenario happened in December when there was a rumor of Coinbase listing. XRP is never an ideal investment for long term. XRP is a coin with inbuilt inflation that helps to maintain its price. In a speculative market like that of cryptocurrencies, where investors only look for profit, XRP is a coin which one shouldn't prefer. Last time after the rumor got over, the dump was huge and was almost 70%. But never lose the opportunity of short term trade during such rumors.

[X-ray]

The pump for XRP today is closely linked to the false rumor being spread that Coinbase is adding XRP.
I fear it may significantly drop in the coming weeks if this turn out to be untrue. :\

It may drop again soon, Coinbase doesn't add ripple. and i'm sure about that. It seems like a little hype caused by false rumour about coinbase added ripple. They will be dumping it again as fast as possible. Just the matter of time until you will see another red for ripple again. But why so many people are spreading fake news about coinbase added ripple rumour? it seems a bit strange for me.

[littlebill16]

It's not reached its peak value, it will go higher later in the year, but this is a fairly unfounded pump and that will be followed up with a dump. I have very little belief that the coinbase rumours will be true, they have too much to deal with right now from a regulatory point of view that it's not good business sense to take any more risks right now.

[tsaroz]

Coinbase listing is an old rumor. The recent rise may probably be related to partnership ripple is making. If it goes as it, coinbase listing would not be a wonder anytime soon.

[dumplingsandsushi]

One thing you need to realize is that the company itself hold a vast majority of ripple.
There is no actual use for ripple, banks just use the platform.
Because of this, many see this as the company using the coin to just make money.

And, there are some serious signs that this is true.
There have been many instances where ripple has fallen in value, then suddenly pumps.
When it suddenly pumps, a large amount of coins are sold off.
These pumps are completely arbitrary, from a rumor, an announcement etc.

For coinbase, if they were to list ripple, they would have done it before.
From a market standpoint, now is a terrible time to do it.

Also, coinbase is pretty different from other exchanges.
It never branches out, just sticks with the core cryptos.

[reypinioco]

I dont reallt think this coin should peak again,being centralized and a lot of manipulations from the few people who has the most of this supply might give you a lot of headaches,investing into a manipulated coin is worst than giving away your money to the needly ones,donate your money to the charity instead.This coin doesnt deserve and support or spot from our community and the bankers shouldnt prevail to conquer the cryptocurrency market.

[junjunsalsalani]

XRP coin is suspectedly a pure PND coin which make sense that is why its prices are slowed,might be the founders and the developers who are dumping big suppy of XRP that is why its price are being dumped plus the FUDs and rumours are exaggerated with this coin and that is very unhealthy because those FOMO people are losing a lot of money with this centralized coin so no,it might not reach that peak again.

[KryptoKai]

Coinbase has already confirmed they will not be adding ripple so someone is just spreading false rumors to raise the price of the coin which has dropped a lot from the previous FOMO high. It already pumped and is too high based on the circulating supply, any rise will be modest

[delitte]

The pump for XRP today is closely linked to the false rumor being spread that Coinbase is adding XRP.
I fear it may significantly drop in the coming weeks if this turn out to be untrue. :\

Ripple will always be Ripple and I am confident that Ripple would stay on it's price range because whenever it dropped below $1 then I compelled to buy more Ripple because I know that it will become the strongest Crypto in market someday.
We realized that more companies are making Ripple are their partner for dealing their clients and customers through blockchain.
Ripple will do more than just a blockchain, whether Coinbase dumping it, it couldn't be the reason why Ripple would be dropped to the gourd again.

[St4yInTh3D4rk]

If coinbase will add XRP they did it a long time ago,this centralized coin shouldnt be considered as a cryptocurrency so i dont think coinbase will allow this coin to be added in their exchange,shameful coin which has been shilling by those few people who has been manipulating this coin.I am too happy for our community that most of the people has opened their eyes,few noobs are the ones who are supporting this coin.

Yeah you are right coinbase is not going to add any other crypto currencies so it is a fake rumor created for the sake of make price bump in the ripple so it is better to sell ripple now before the price crash again.

[JuniAiko]

The pump for XRP today is closely linked to the false rumor being spread that Coinbase is adding XRP.
I fear it may significantly drop in the coming weeks if this turn out to be untrue. :\

Ripple will always be Ripple and I am confident that Ripple would stay on it's price range because whenever it dropped below $1 then I compelled to buy more Ripple because I know that it will become the strongest Crypto in market someday.
We realized that more companies are making Ripple are their partner for dealing their clients and customers through blockchain.
Ripple will do more than just a blockchain, whether Coinbase dumping it, it couldn't be the reason why Ripple would be dropped to the gourd again.

I am less optimistic about Ripple's XRP token's long term future personally, as I have discussed here, comparing Stellar with Ripple @
https://bitcointalk.org/index.php?topic=3070210.msg31632339

Reasons I am now progressively converting my altcoins (including XRP) to Stellar (XLM) as Stellar price keeps falling.
1 ) A non-profit organization, and a decentralizing network.
2 ) Partnership with IBM
3 ) Targets the people and small businesses (especially in developing countries)rather than big mega banks and for-profit corporations.
4 ) Stellar is working towards functioning as a decentralized bank itself -- enticing users to keep their funds as XLM (rather than using it, like with XRP, simply to facilitate the quick transaction as a "bridging-token" before it is converted back into Fiat again).
5 ) Stellar is also working towards operating as a decentralized exchange of other cryptos.
6 ) Unlike the xRapid (XRP) token (where Ripple also offers xCurrent, and is/will be introducing other modes of transactions); the Lumens (XLM) token *actually* has to be adopted to utilize the Stellar network.
7 ) IMO, the XLM token has been way oversold by now; due to the lack of "hype" and as impatient short-term speculators progressively decides to cash out.
8 ) The released coins are distributed to the banks/companies that uses the XRP network; whereas, XLM instead distributes the fees collected from transactions (to prevent DDoS attacks) to the holders of XLM itself.
9 ) Unknown to many people, the XLM is *actually* also being increasingly adopted. But not big news as they are growing their presence in developing/third-world countries, and servicing the small business and the people there (especially foreign workers trying to send money home, etc.)
10 ) Ripple provides a service to the big-banks; whereas Stellar competes directly against the big banks (e.g. a lot more potential there in terms of getting actual widespread adoption) to get people to use them as their decentralized bank.
11 ) Similarly, Stellar also is setting up its own decentralized exchange to compete directly with centralized exchanges.

Basically, Stellar is doing so much more than what Ripple is doing with the XRP token, and most of the other cryptos too! And they are actually making real progress on those grounds too!

Stellar Lumens [XLM] might have hit bottom, their new wallet update to turn markets green?
https://bitcoinwarrior.net/2018/03/stellar-lumens-xlm-might-have-hit-bottom-their-new-wallet-update-to-turn-markets-green/

I actually still hold some XRP though (injected just 2 days ago for pure speculation) and its shooting up too! But the rally seem to have stopped (?) while Stellar just shot up further again -- and will be expected to in the coming weeks ahead.

[ðºÞæ]

Luckily Banks dont use xrp as it is completely unworkable with this shenanigans operation
https://i.imgur.com/doeeL6y.jpg


classical bubble chart
https://i.imgur.com/fCa2lJP.png

[rezurect]

Luckily Banks dont use xrp as it is completely unworkable with this shenanigans operation


classical bubble chart

Say goodbye to the 3-4 dollar levels.

[cryptocrocs]

Probably thats for sure,this centralized coin has a alot of FUD and rumours coming in,the community seems not be baited with these news and rumous,because the last FUD that we had was worst, from $3 it falls to $0.8 that is how dirty these bankers are playing its price,pure manipulations shouldnt be tollerated in our community,i believe it shouldt be called as a cryptocurrency.

[JuniAiko]

Actually I do believe that banks could very well use the Ripple network, or even adopt XRP for usage. However for the very reasons that I had listed above, I do not think this would translate to a price increase for Ripple's XRP token. The monthly release of up to 10 billion XRP into circulation isn't helping neither.

See:

Reasons I am now progressively converting my altcoins (including XRP) to Stellar (XLM) as Stellar price keeps falling.
1 ) A non-profit organization, and a decentralizing network.
2 ) Partnership with IBM
3 ) Targets the people and small businesses (especially in developing countries)rather than big mega banks and for-profit corporations.
4 ) Stellar is working towards functioning as a decentralized bank itself -- enticing users to keep their funds as XLM (rather than using it, like with XRP, simply to facilitate the quick transaction as a "bridging-token" before it is converted back into Fiat again).
5 ) Stellar is also working towards operating as a decentralized exchange of other cryptos.
6 ) Unlike the xRapid (XRP) token (where Ripple also offers xCurrent, and is/will be introducing other modes of transactions); the Lumens (XLM) token *actually* has to be adopted to utilize the Stellar network.
7 ) IMO, the XLM token has been way oversold by now; due to the lack of "hype" and as impatient short-term speculators progressively decides to cash out.
8 ) The released coins are distributed to the banks/companies that uses the XRP network; whereas, XLM instead distributes the fees collected from transactions (to prevent DDoS attacks) to the holders of XLM itself.
9 ) Unknown to many people, the XLM is *actually* also being increasingly adopted. But not big news as they are growing their presence in developing/third-world countries, and servicing the small business and the people there (especially foreign workers trying to send money home, etc.)
10 ) Ripple provides a service to the big-banks; whereas Stellar competes directly against the big banks (e.g. a lot more potential there in terms of getting actual widespread adoption) to get people to use them as their decentralized bank.
11 ) Similarly, Stellar also is setting up its own decentralized exchange to compete directly with centralized exchanges.

Basically, Stellar is doing so much more than what Ripple is doing with the XRP token, and most of the other cryptos too! And they are actually making real progress on those grounds too!

Stellar Lumens [XLM] might have hit bottom, their new wallet update to turn markets green?
https://bitcoinwarrior.net/2018/03/stellar-lumens-xlm-might-have-hit-bottom-their-new-wallet-update-to-turn-markets-green/

[Bolt Brownie]

If coinbase will add XRP they did it a long time ago,this centralized coin shouldnt be considered as a cryptocurrency so i dont think coinbase will allow this coin to be added in their exchange,shameful coin which has been shilling by those few people who has been manipulating this coin.I am too happy for our community that most of the people has opened their eyes,few noobs are the ones who are supporting this coin.

I'm not so sure about this. Not saying I don't agree with you. To be honest I don't really like ripple as well because it's not decentralized, and it's not really a coin either. It's just a tool that banks are considering using, but even then see no real value on the token itself, just on the technology. As for coinbase not adding them because of that, is where I don't agree with you. They don't really care about what ripple is, they just care about profit, and ripple has decent volume in trading. So if users are interested they would surely add them. I would prefer them to add stellar for example, but it's probably going to be ripple.

If it's not ripple, then the coin will surely dump in the next weeks because of these false rumors.

[JuniAiko]

The pump for XRP today is closely linked to the false rumor being spread that Coinbase is adding XRP.
I fear it may significantly drop in the coming weeks if this turn out to be untrue. :\

It may drop again soon, Coinbase doesn't add ripple. and i'm sure about that. It seems like a little hype caused by false rumour about coinbase added ripple. They will be dumping it again as fast as possible. Just the matter of time until you will see another red for ripple again. But why so many people are spreading fake news about coinbase added ripple rumour? it seems a bit strange for me.

Also there is an on-going class-action lawsuit against coinbase due to accusation of previous leak/insider-trading. I don't think they will want to add Ripple atm as it will cause complication to their case, especially with all that FOMO rumour going on.