18% XRP Price Drop ! ~ Moon or Bust?

oscarftw

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Quote from: bryant.coleman on October 11, 2020, 11:20:07 PM

Quote from: Yaseen Wallis on October 11, 2020, 11:14:37 PM

XRP has always been a bank sham... I am amazed people still purchase it.
There are many, many better options out there, feeless options even.

True. It surprises me when I see XRP on the 4th spot in Coinmarketcap and ADA at the 9th spot. Cardano is a technologically advanced coin, and I would regard it as miles ahead of the XRP shitcoin. But the Cardano team's PR work was terrible and they didn't resolved some of the major issues in 2018 such as creation of lite-wallets. Anyway.. it just proves that a good project with skilled developers may face rejection at the market, if they don't have a good PR team.

At any time difference, I could find anything interesting in ripple coins. Binance coin profits are also good, just from 1 day ago to now Binance coin 9 percent pump. Maybe I'm assuming that ripple has some upcoming announcements because top coins always push the price to bullrun. Ripple prices have been stuck for a long time, but now other coins are better.

RokokGudangGaram

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It's pretty sad that XRP are keep on decreasing as days passes by and if you are going to check also their market cap, they are being kicked out from the 3rd rank by USDT. If the team behind XRP will not do some counter to this happenings then XRP will surely to continue to drop not only it's price but also it's rank and market capital.

Right now, XRP is $4 billion behind to USDT in order to reclaim it's rank again. I've been an XRP holder and I am a little bit upset to this kind of happenings where their rank continues to decrease together with their market capital.

jacafbiz

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I am still amaze that some people still believe in XRP, for me it is just a matter of time before the tokens falls off the top 100 in the space, even if the token still gain on to the top 5, do you think this will do 2X or 3X again. I would rather invest in a project where I have a chance of 10X or more than invest XRP

shinratensei_

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Quote from: crypticj on October 12, 2020, 02:36:52 AM

I always thought that xrp is not reliable asset. There are better alts in the industry

The different people and different opinions. The only good thing about this coin to be used as an alternative payment system but i saw people were using ripple as a payment system too. IDK why but it looks so strange to see that. If we are seeing it from the technical conditions and the pressure that has already made by the company is very big to the community who have been putting their hope in the ripple.

If people wanna buy security coin and ripple is the best answer but it's not when people are looking for utility.

Vishnu.Reang

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Quote from: bitcoin31 on October 12, 2020, 05:18:09 AM

It depends to you if you think XRP will rise or down, we have different thinking about to this coin but for me Ripple is good coin with high potential in the future to up the value let say the value of this coin is down but there is next week or next month for it to rise it is cycle that token or even the coin are dumping the value but afterwards we see the good value for it and that is what we really want to see.

Coins will not go up just because of hype. There needs to be some solid reason. Now tell me one thing. When was the last time you heard anything interesting about Ripple? Back in 2018, there was a lot of hype regarding XRP, after it was announced that they have entered in to some partnership with a few well known banks. But what happened to this partnership? Everyone is silent on this topic for the last two years.

bitcoin31

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It depends to you if you think XRP will rise or down, we have different thinking about to this coin but for me Ripple is good coin with high potential in the future to up the value let say the value of this coin is down but there is next week or next month for it to rise it is cycle that token or even the coin are dumping the value but afterwards we see the good value for it and that is what we really want to see.

Questat

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Quote from: Bubu9844 on September 09, 2020, 11:47:47 AM

Xrp is my main Long term hold along with Ethereum .
Almost 20% dump ! Xrp needs a bit of patience IMO breakout coming. According to IMF and World bank , XRP
be the bridge to the Global Reserve Currency.

I still think xrp will only do well in future because the xrp community but if this DeFi thing work out for them it might give them a needed life for sure . Share your opinions Guys

You said it, XRP is your long term hold, so that 18% is not a big deal, XRP has had some great pump in the past as well so consider that as a normal fluctuation. The good news is XRP still belong to the top 5 coins in the market which means it has a great potential.

arabianhorse

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XRP is a good quality coin. This coin moves slowly. It has not pumped since 2018. It is expected to give good profit in 2020-21.

shoreno

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Quote from: Jackl87 on October 12, 2020, 04:06:22 AM

I would say in the last time the price movements of XRP were connected to the overall market movement and didn't show a difference compared to the BTC trend.
Ripple is one of the most well known but also definitely one of the most hated cryptos out there, because it's centralized and for big banks, basically the complete opposite of what cryptos are supposed to be in the first place.
So it will be interesting to see if Ripple will still be a top 3 coin in a few months.

all cryptos price change are connected to the market . xrp is known but not for being a bad coin . its also known because there are people believes in it . banks hated by crypto users but banks are now starting to love cryptos , we should show the same love for them .

ripple was already been there on its spot even before where it isnt really popular or by the time it was being bashed but it didnt show affection and it retain its positions so i predict that same thing can also happen in the future .

Jackl87

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I would say in the last time the price movements of XRP were connected to the overall market movement and didn't show a difference compared to the BTC trend.
Ripple is one of the most well known but also definitely one of the most hated cryptos out there, because it's centralized and for big banks, basically the complete opposite of what cryptos are supposed to be in the first place.
So it will be interesting to see if Ripple will still be a top 3 coin in a few months.

kotajikikox

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Quote from: Bubu9844 on September 09, 2020, 11:47:47 AM

Xrp is my main Long term hold along with Ethereum .
Almost 20% dump ! Xrp needs a bit of patience IMO breakout coming. According to IMF and World bank , XRP
be the bridge to the Global Reserve Currency.

I still think xrp will only do well in future because the xrp community but if this DeFi thing work out for them it might give them a needed life for sure . Share your opinions Guys

You have clearly says "For long Term Holding" so what bothers you here?

Long term holder cares nothing about the certain period of time prices instead they even forget for a while the currency until the right time that they choose.

But it seems that you are only a chance investor that will buy and wait until when the price Pump high then sell.
this is not the meaning of being a long term holder mate.

crypticj

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I always thought that xrp is not reliable asset. There are better alts in the industry

bryant.coleman

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Quote from: Yaseen Wallis on October 11, 2020, 11:14:37 PM

XRP has always been a bank sham... I am amazed people still purchase it.
There are many, many better options out there, feeless options even.

True. It surprises me when I see XRP on the 4th spot in Coinmarketcap and ADA at the 9th spot. Cardano is a technologically advanced coin, and I would regard it as miles ahead of the XRP shitcoin. But the Cardano team's PR work was terrible and they didn't resolved some of the major issues in 2018 such as creation of lite-wallets. Anyway.. it just proves that a good project with skilled developers may face rejection at the market, if they don't have a good PR team.

Yaseen Wallis

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XRP has always been a bank sham... I am amazed people still purchase it.
There are many, many better options out there, feeless options even.

kevinzxz

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Quote from: Bubu9844 on September 09, 2020, 11:47:47 AM

Xrp is my main Long term hold along with Ethereum .
Almost 20% dump ! Xrp needs a bit of patience IMO breakout coming. According to IMF and World bank , XRP
be the bridge to the Global Reserve Currency.

I still think xrp will only do well in future because the xrp community but if this DeFi thing work out for them it might give them a needed life for sure . Share your opinions Guys

I agree with you that XRP is a very good investment choice in the long term, because I also have hopes for XRP and believe that the price of XRP will increases very high, so that I can make a big profit and all the time I spend holding XRP will pay off with the price of XRP increases very high.

Vishnu.Reang

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Quote from: 24Kt on September 18, 2020, 06:44:09 PM

Quote from: Vishnu.Reang on September 15, 2020, 06:39:41 AM

XRP is an extremely risky crypto-asset. It is highly risky because of its centralized nature. The vast majority of the total supply is not in free-float. If any of the promoters want to dump his holding, then it can destroy the exchange rates. Ever since I entered the world of cryptocurrency, I have stayed away from this coin. There are far better cryptocurrencies out there to invest.

This is actually something to look at on this coin. What if one of the owners decided to leave and sell his share? This scenario is very possible to happen. I like how cheap XRP transaction fee is and how fast it is. But it is the team managing this is quite the scare from crypto users. Because it is centralized, you'll never know what will happen to their coin once there's a change with their management.

Well.. the promoters can't sell their share in one go. There is not enough liquidity in the market to do that. If you check the daily trade volume of XRP, then you can find the numbers are lower than that of many of the altcoins outside the top-10 list. The promoters may be dumping their holdings, but they are doing it very slowly and using multiple exchanges.

uray

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Quote from: sgenuine on October 10, 2020, 12:19:51 PM

I used to be very skeptical about Ripple, but I have changed my mind a bit. XRP is a very successful crypto, as the time has proved. This success is due to the unique characteristics of this coin, the main of which is the ability to make payments anywhere in the world almost instantly.

If you are looking for the profit then you might in the long term, the reason i am not a big fan of the coin is simply because i do not consider XRP as a traditional cryptocurrency and for that reason i am not holding that anymore but if your intention is to make a good profit then it might be possible as you cannot anything concrete about a centralized coin.

Traderbtcc

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If you need a friendly advice, well here's it, dump or reduce the amount of Xrp you're holding and buy some more Ethereum, since the ETH 2.0 might launch any time soon you might make some nice profits from buying it now that it about $370, cus it has a potential to reach its last all time high after the ETH 2.0 is been deployed , Ripple is becoming more of a stable coin as the days goes by, why do I say so? Well, that's because they are not price movements for the past one year now, it's just moving in a range, I this days I rarely hear about it unlike back then when it was over hyped, the Ripple team is also not doing well by dumping huge amount of the tokens on the market regularly ,there's no way the value can increase if they keep doing that. "its just my opinion tho"

sgenuine

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Quote from: (o)(o)ilikeboobs(o)(o) on September 09, 2020, 11:08:01 PM

Ripple's technology is good, but investing in XRP is not necessarily good. We are always hyping the payments project for technology, but Ripple's capitalization is too high and has no potential. Furthermore, in online forms of payment, Ripple cannot surpass Bitcoin and Tether.
Currently, the Ripple project owner owns the rest of XRP, which is hindering XRP's price increase.

I used to be very skeptical about Ripple, but I have changed my mind a bit. XRP is a very successful crypto, as the time has proved. This success is due to the unique characteristics of this coin, the main of which is the ability to make payments anywhere in the world almost instantly.

Silberman

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Quote from: jacafbiz on September 23, 2020, 02:14:34 PM

I believe from this point XRP only have one direction it is heading to and that is down, when you have a token that is as centralized as XRP in a decentralized setting like Crypto then you need to understand how the space feel. the team just withdraw XRP tokens worth over $100 million and I am sure some if not all is going to exchange to dump on gullible people. Take your loss before it is too late

I would agree with that but the reality of the markets seems to contradict your posture, if people were so worried about centralized coins then XRP will not have a market cap over 10 billion dollars and be the fourth coin in that category, it is obvious many people do not care about that and they keep investing in XRP thinking it will go up in value anytime now, personally I do not see it since it has been a coin that has given losses since 2017 but if there are a few people that believe still in this coin I am not going to argue against them as most likely they have heard my arguments many times already.

Topic: 18% XRP Price Drop ! ~ Moon or Bust? (Read 781 times)