What's going on with ETH? My theory.

[Bitcoinmeetups.org]

What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.

[shinratensei_]

What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.

My question is how that possible? Do they stupid enough to buy ether at a high price and then sell 'em all at loss?  This time XRP has been getting its bearish trend. I guess these bitcoin and ethereum holders are converting their coins for a while to the XRP. That should be the correct answer considering it has got a big bearish trend.

[jawakoak]

This year so many ICO from last year sold their Ethereum to make or developing their program or roadmap,, and not many ICO survive in ecosytem token, who have a real product can survive this year

[posi]

What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.

I personally dont like Ripple due to it centralized in nature and the Ripple CEO seems to have alot connections with big companies and the banking sectors base on pass record of the ripple project but I dont the Ripple CEO was an ex-military. However, I dont want to agree with what OP about ripple CEO collaborating with bankster, friends etc for the purpose of dumping other crypto while make ripple to bullish because ETH is having some problem and the crypto market either is always expect to face market correction after ATH.

[Zero1One0]

What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.

I prefer ethereum as well since it's more decentralized compared to Ripple. Financial institutions can always take over the crypto market since they have unlimited fiat.

There goes Satoshi's vision down the drain  . Anonymous, decentralized and trustless form of electronic money is being taken over.

[shark69]

I don't agree with that. I see a decline in ETH prices indeed because of the bad development of ICO and the impact on the fall of ETH prices, we all know that 80% of ICO tokens use the ethereum erc20 base.
While the decline in the price of bitcoin can indeed have an intervention by the government or the banks that do it.

[rosezionjohn]

Well that's something I never really thought about until you brought it up. It's a possible scenario given that Ripple has not been affected by this market crash.  

Personally I prefer ETH and would never touch XRP

Right on. I am a bit disappointed with what's happening with the recent price drop and the delay of ethereum 2.0 but despite that, I would never touch or trade XRP.

[Herbert2020]

you are wrong because you are missing the math which is the only reason why this ranking exists and keeps useless coins on top and is in fact the only reason why market capitalization is a wrong and fake characteristic to be used for ranking cryptocurrencies!

fact #1
it is always easier to pump a coin that has a lower price than to pump a coin with higher price.
XRP is worth <10k satoshi while ETH is worth 2.9 million satoshi.
the dump of a coin with higher price is also more severe than a dump of a coin with lower price.

fact #2
market cap is price * supply
XRP has 40 billion useless tokens in circulation while ETH has 103 million useless token in circulation so XRP should have a bigger market cap! and that is one of the main reasons why it is meaningless.

[batang_bitcoin]

I never thought about this that they have been buying BTC and ETH so they can take over the market. How about the other altcoins? I think whats on your mind is to take down the head so others will just have to follow if it starts crashing. So how many bitcoin and ETH do you think that they bought?

Well thats just a theory and you dont have any proof to it.

[LeoEspansq]

What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.

I do not think that this was done Ripple directionally, maybe there was a slight influence, but not so much. Yes, and his performance seems unlike other coins are still kept in good shape, so there is quite another.

[NeuroticFish]

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.

Personally I don't like neither ETH, neither XRP. Both have their bag of skeletons in the closet. Of course, XRP is much worse than ETH. On the other hand, both are incredible speculation vehicles. Or used to be.

But you are wrong on something. Or half right. Why just simply sell at a loss? Why not buy back cheaper?
How about a billion dollar pump and dump scheme spread on more than a year periods? Or how about selling at a loss until the price is low and they can fill their bags with Bitcoin? And I mean here BAKKT and other banksters that want to do business in crypto world? How about the Bitfinex/USDT MtGox like scheme? There are plenty of theories that make more or less sense, but seem to have better ground than this simple "sell at a loss" idea.

[zacad]

This is a centralized coin, and some of the current cryptocurrency trends support centralized development. Although the original cryptocurrency was decentralized, it has to be acknowledged that centralization has begun to help the cryptocurrency market. I don't like these two coins.

[cctv0]

Ethereum is not affected by XRP. Ethereum actually received a collective sell-off from the ICO development team. This is the most dangerous. Now, people are ready to sell a lot of Ethereum. Once the price of Ethereum falls below $100, it may lead to panic selling.

[otundebis]

The thought of banister manipulating and attempt take over of cryptocurrency is not far fetch,  I think the rise of ripple to second place on coinmarketcap has nothing to do with natural market development rather a manipulation from those that are pushing centralized ripple.  Ethereum is better than ripple and I will continue to invest in Ethereum for decentralisation sake!

[adaseb]

Its not only ETH, most of the crypto coins all suffered double digit losses in the last few days. XRP surprisingly held up well. I think the worse was BCH which at one point was down maybe 40% due to the mess created with SV and ABC.

I don't think in the last few days it was the ICOs which caused the ETH price to crash, BTC also went down. I Think its the retail market calling it quits on crypto and they just want to stop the pain already.

[Asian_Dynasty]

I think it is stupid desicion to do it. Ethereum falls in price because last year it was very big growth. At this year Buterin and his team didnt do big changes at their product and there are many new blockchains who better than Ethereum. That is why the price falls in.

[haitranvan1998]

What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.

I do not agree with you because they have to spend a huge amount of xrp to make up for that loss
 

[mayan251]

I don't think ETH has anything to do with XRP. It is mainly associated with BTC. The price of BTC has dropped to its lowest point. It has an impact on ETH and the whole market. However, the market did not have more funds to buy ETH, which led to ETH's low innovation. Because of the strong holding of XRP by banks. So XRP is strongest in the bear market. I think that's the reason.

[nreal]

Your theory is somewhat crazy, I think no bank or organization takes so much risk to make such an uncertainty. BTC price down is a combination of many causes, BCH Hard fork, Big investors are selling BTC to start a new cycle, ...

[CarnagexD]

What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.

I do not agree with you because they have to spend a huge amount of xrp to make up for that loss
 

   We have different reading and analysis of the market? look at what is happening now, the market is on the down stream,  while XRP is very stable with the drops on Bitcoin, it over taken Ethereum in the market on several hour yet it also go down as to the same reaction of the crypto coins and as will as the ALT coins as posted in the market, Market is very Volatile, some coins are now gearing to the stable level yet we never know if they will sustain the Bear market. we may have some market speculation yet we are all have some  question on what will happen next in the market...