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Author Topic: Xrp Price low what Reasons?  (Read 501 times)
tungaqhd
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September 08, 2019, 12:49:53 PM
 #41

Compare with other crypto assets not only XRP got a low price, but all of them also got the same situation about the price. You can check-it & compare the alt season at 2017 with this yeas, its was really diferent from 2 years ago. This alt season will not be the same as 2 years ago, Alt start to die about the price. Every time bitcoin on Sideways, Bullish & Short Correction alt keep decreasing for the price.
Agree with your perspective, a clear reason that the general trend of the market is being strongly influenced by the strength of bitcoin, altcoin virtually lost value when investors choose bitcoin only as a perfect investment, ripple cannot escape this situation. In addition, another reason is that many investors hold too much XRP, low value of ripple is an advantage for holding, no one who wants to sell will not have enough resources to help the price go up, and if all the investors continue to persevere like this, sooner or later, xrp will gradually fall, people will hold hands and die together

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September 08, 2019, 12:54:35 PM
 #42

a clear reason that the general trend of the market is being strongly influenced by the strength of bitcoin, altcoin virtually lost value when investors choose bitcoin only as a perfect investment,
if there is only one investor that loves bitcoin yes he will only choose bitcoin among others or between xrp but there is no single investor on the crypto space  .  look at  the market of cryptos , we can see that other coins have big markets . thats only an evidence that investor have a passion on other coins and not only on bitcoins  . same goes to xrp , xrp is quite popular so for sure theres a huge demand for xrp but still its not imune to market dumps  . dumps can cause by normal acts such as if an xrp holder sells thier xrp

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September 08, 2019, 01:09:06 PM
 #43

Compare with other crypto assets not only XRP got a low price, but all of them also got the same situation about the price. You can check-it & compare the alt season at 2017 with this yeas, its was really diferent from 2 years ago. This alt season will not be the same as 2 years ago, Alt start to die about the price. Every time bitcoin on Sideways, Bullish & Short Correction alt keep decreasing for the price.
Agree with your perspective, a clear reason that the general trend of the market is being strongly influenced by the strength of bitcoin, altcoin virtually lost value when investors choose bitcoin only as a perfect investment, ripple cannot escape this situation. In addition, another reason is that many investors hold too much XRP, low value of ripple is an advantage for holding, no one who wants to sell will not have enough resources to help the price go up, and if all the investors continue to persevere like this, sooner or later, xrp will gradually fall, people will hold hands and die together

The supply is probably the only reason why XRP is on the decline this year and billions of XRP are being unlocked daily making it impossible for the coin to have a steady rise in price recently. I think that if you choose to invest in XRP, your chance of making a profit is almost zero because the fact that this coin is no longer a favorite choice for everyone. I personally don't like coins that have a large supply because it will greatly affect investment

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serjent05
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September 08, 2019, 01:25:12 PM
 #44

What is the Reasons that xrp Price is low?


I think xrp have high inflation there is too many coins just...


Anyone knows are they planning to burn liminate the quantity of coins maybe?




There is this video from Chico Crypto that give reason why XRP price won't explode though the title is somehow trolls about the XRP price.  Ripple XRP Set To Explode💥 HUGE Price Swing Ahead! $XRP 589 Soon??

The video breakdown :


Quote
Pinned by Chico Crypto
Chico Crypto
3 days ago
⏰ Time Stamps ⏰
00:08 Introduction
00:40 Sorry this was a troll....Ripple XRP blows!
01:06 The Early Days of Ripple-Ripple Pay & Ryan Fugger
01:48 Jed McCaleb Comes Up With The Idea For The XRP Protocol
02:34 XRP Ledger Is Created & Launched
03:24 The Initial Distribution of XRP Tokens
03:42 The Missing Blocks From The XRP Ledger-Ledger Can't Be Audited & The Ledger Has Been "Rest"
05:05 Stellar Forked XRP, and Ran Into Problems With The Ripple Consensus
05:50 The Constant XRP Sell Pressure From Jed McCaleb-6.5 Billion More XRP TO Sell!
07:06 The Ripple Team and Shareholders Dumping XRP
07:53 Ripple Just Unlocked Another 1 Billion XRP
08:13 The Centralized Aspects of XRP: Community & Development
08:55 The Centralized Aspects of XRP: Balance Freeze Function
09:28 Why Is Ripple Like This?? It Might Be A Security
09:55 XRP Worst Performing Altcoin in 2019
10:24 Outro

None of the products offered by Ripple use XRP. Ripple has 200+ partners and they all use Ripple's money transfer system but they don't use XRP. This is why no matter how many partners Ripple has, the price of XRP hardly ever goes up. Banks will not touch an unregulated cryptocurrency. When there is regulation, then you will begin to see a change in prices. Here's a link to a twitter video that explains it differently https://twitter.com/RippleXrpie/status/1163381276184862721

It is a sad thing that Ripple don't use XRP even though they got lots of fund from XRP community.

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MemberBerries
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September 08, 2019, 04:34:07 PM
 #45

LMAO

Imagine taking anything what that butthead says seriously hahaha
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September 09, 2019, 09:26:14 AM
 #46

LMAO

Imagine taking anything what that butthead says seriously hahaha
He makes good point, can you refute them?
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September 09, 2019, 10:07:05 AM
 #47

What is the Reasons that xrp Price is low?


I think xrp have high inflation there is too many coins just...


Anyone knows are they planning to burn liminate the quantity of coins maybe?



I have been looking forward to XRP's burn coins these past few days as its value has continuously decreased. But the worse thing is that the XRP business has unlocked a lot of coins over the past time, probably up to several billion coins and that has made the price of XRP plummet in recent days. If this situation continues, XRP will soon drop to $ 0.1

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September 09, 2019, 10:29:36 AM
 #48

LMAO

Imagine taking anything what that butthead says seriously hahaha
He makes good point, can you refute them?

Hahahaha why is it always the same guys telling others the same old lies about ripple LOOOOL

https://youtu.be/nNNltk27NAg

I hate this hammscuck but at least he took time to put a second butthole into chico pico

cAn u reFuTe tHem , you must be feeling EXTRA SMART right friend?  Hahaha
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September 09, 2019, 01:18:28 PM
 #49

First of all, it has huge supply which we couldn't deny the fact
It has close to 100B coins which is why eventhough the coin is price at $0.26 per coin
But it is ranked at #3

One of the main reason its price stay for now is because the dominance of Bitcoin
Everyone is selling their alts to Bitcoin because Bitcoin is really showing a huge dominant in the market
Everyone are getting a piece of Bitcoin or even just 1/10 of it just to not miss out the price fluctuation where it has potential to gain by multiple folds

The next reason is because XRP is kinda a coin where it depends alot on Join Venture/Collaboration
Its tech is not that fancy compare to coins like Ethereum which has tons of mechanism
XRP is kinda straight to the point where it is mainly for the purpose of remittance


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September 09, 2019, 01:54:02 PM
 #50



One of the main reason its price stay for now is because the dominance of Bitcoin
Everyone is selling their alts to Bitcoin because Bitcoin is really showing a huge dominant in the market
Everyone are getting a piece of Bitcoin or even just 1/10 of it just to not miss out the price fluctuation where it has potential to gain by multiple folds



Almost if not all are suffering due to this situation. Bitcoin dominance makes investors follow and divert their assets to bitcoin. And since XRP is not showing any good sign of moving up, holders are now moving to what they think  can accumulate profits. Things will change when the entire alts market start to bounce back and show a good run. But as of now, it needed for investors to choose between short and medium term investment.




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September 09, 2019, 06:28:35 PM
 #51

in my opinion this is such a game against holders for them to drop coins they bought expensively. and in a while we will see good news and start buying it again
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September 10, 2019, 03:05:43 AM
 #52

One of the main reason its price stay for now is because the dominance of Bitcoin
Everyone is selling their alts to Bitcoin because Bitcoin is really showing a huge dominant in the market
Everyone are getting a piece of Bitcoin or even just 1/10 of it just to not miss out the price fluctuation where it has potential to gain by multiple folds
Almost if not all are suffering due to this situation. Bitcoin dominance makes investors follow and divert their assets to bitcoin. And since XRP is not showing any good sign of moving up, holders are now moving to what they think  can accumulate profits. Things will change when the entire alts market start to bounce back and show a good run. But as of now, it needed for investors to choose between short and medium term investment.

XRP is no longer able to increase in price as in 2017 because this coin is really held by a lot of people and that makes investors unable to make a good profit this year. If I choose a better new coin, I will never choose XRP because this coin has not had any growth in the past 9 months and the trend of XRP sales is increasing, so I believe that holding XRP will not benefit you

 
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September 10, 2019, 04:57:53 AM
 #53



One of the main reason its price stay for now is because the dominance of Bitcoin
Everyone is selling their alts to Bitcoin because Bitcoin is really showing a huge dominant in the market
Everyone are getting a piece of Bitcoin or even just 1/10 of it just to not miss out the price fluctuation where it has potential to gain by multiple folds



Almost if not all are suffering due to this situation. Bitcoin dominance makes investors follow and divert their assets to bitcoin. And since XRP is not showing any good sign of moving up, holders are now moving to what they think  can accumulate profits. Things will change when the entire alts market start to bounce back and show a good run. But as of now, it needed for investors to choose between short and medium term investment.

Agree on this
XRP is not really showing any good sign recently which caused most people divert or convert their alts to Bitcoin
Anyhow, its kinda hard to know if ALTS would ever make a run like in the 2017 (Hope it will because my most of my positions are in alts lol)


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September 10, 2019, 06:22:22 AM
 #54

What is the Reasons that xrp Price is low?


I think xrp have high inflation there is too many coins just...


Anyone knows are they planning to burn liminate the quantity of coins maybe?



XRP is only affected by the Bitcoin season. When most of the day's trading is poured into bitcoin, most altcoins are devalued because of the sell-off of investors.
Don't worry, I feel XRP is still working and when bull run occurs, it will soon return to $ 0.45.

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September 10, 2019, 07:01:44 AM
 #55

the only thing that centralized shitcoins such as XRP are consistent about is their dump.


This I can kinda agree with. XRP has been about dumping from the beginning, in case the hodlers every forget, the courts even had to issue all kinds of restrictions on them to prevent them dumping faster than they were.

They can talk up all they want Ripple in PRs. But it doesn't change the fact that they are putting selling pressure on XRP with every dump.

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September 10, 2019, 07:06:34 AM
 #56

in my opinion this is such a game against holders for them to drop coins they bought expensively. and in a while we will see good news and start buying it again
The ripple company is not against the holder but this company has an intention to dump its token and make ripple becomes another cheap coin in the future. Dude, even there was a lot of good news have come to the ripple and nothing happen. This security coin will be dumped so hard in the future due to the pre mined coin that already owned by the company is amoust doubled from the circulating supply.
You must care so much about that thing.

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September 10, 2019, 08:28:27 AM
 #57

XRP prices are falling very deep like that I think that the influence of the bad news that happened to XRP or investors have also begun to doubt the development of the XRP platform that is full of manipulation, but the rise and fall of cryptocurrrency prices is still normal, because the cryptocurrency price movements in the market depends on the interaction between buyers and sellers in the market.

 
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September 10, 2019, 08:31:06 AM
 #58

They will not just burn their Supply to increase the price
Unlike other coins, Xrp is a good coin and it has a potential value
maybe other people don't see it that way but Xrp is one of the top Coins
there is no way that they just gonna burn that and without a sure thing
the price will increase.

 
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leea-1334
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September 10, 2019, 11:09:26 AM
 #59

in my opinion this is such a game against holders for them to drop coins they bought expensively. and in a while we will see good news and start buying it again
The ripple company is not against the holder but this company has an intention to dump its token and make ripple becomes another cheap coin in the future. Dude, even there was a lot of good news have come to the ripple and nothing happen. This security coin will be dumped so hard in the future due to the pre mined coin that already owned by the company is amoust doubled from the circulating supply.
You must care so much about that thing.

I do not agree. The Ripple owners know exactly what would happen if they dumped. It was the holders and investors that took them to court and enforced the dump restrictions.

And all the good news is about Ripple TECH/company, not XRP, which is the token the Ripple guys dump,,, they make more money from company contracts and still dump the token.

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September 10, 2019, 01:54:55 PM
 #60

Perhaps those causes are to be found essentially in  those 100 millions of compensatory XRP that McCaleb has recently received. It resulted in the tumultuous market profiteering due to the fear in the further  dumping.

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