Topic: Explanation for ripple price increase? (Read 535 times)
There was and will be a lot of paranoia about crypto, although this is just a fiat substitute, reflecting the desire of increasing well-being of the population, seriously slowed by the imperfection of the current fiat system and partially the future price of introducing of the new blockchain technology. But in the case of Ripple it is just cryptographic fiat, nothing more. It is not the only one, but the mightiest.
Bankster is the main reason behind it. But, i'm not sure it will long last, let's see people will dump it
What's the explanation for the ripple price increase?
A few weeks ago the price went up very quickly without decent explanation. Is that happening again now?
Banks want it. The people that are trying to work on Blockchain technology like to look at Ripple as well.A few weeks ago the price went up very quickly without decent explanation. Is that happening again now?
Ripple's price has increased because of the large volume of investment, this investment coming from banks, we must be careful investing at the moment,the correction is coming, it is not possible the bankers to be able to hold the price at high for long.
Maybe because of the upcoming news that it will be listed in the coinbase.
I actually thought that none of these coins has any intrinsic value. So which coins do have an intrinsic value? And what is the intrinsic value and on what is it based?
The intrinsic value of dollar bills is less than toilet paper. The intrinsic value of (metal) coins is the value of the metal; back in the days this was gold and silver, nowadays it's cheap metal.Fiat money on a bank account has no intrinsic value at all, it's intrinsic value is nothing more than the intrinsic value of any other number: $1000000. There's no intrinsic value in any number I type here.
The lack of intrinsic value is sometimes used by bankers when they "warn against crypto". And of course this is true, but it's also a useless statement considering no other form of money has intrinsic value. The lack of intrinsic value doesn't mean it can't be used as a medium of exchange.
This is why the intelligent person does research to find a coin with intrinsic value, buys as early as possible, and does not act like a lemming.
I actually thought that none of these coins has any intrinsic value. So which coins do have an intrinsic value? And what is the intrinsic value and on what is it based?
Probably because ripple is back by bank. Big companies are pumping the price with good marketing plan and a lot money to pump those prices up. This coin I think is just another hypecoin.
Another pump n dump. Every time this happens with Ripple you will see hundreds upon hundreds of posts about ripple all over the forum..
Then suddenly there will be a huge dump. It's a scam.. Don't fall for it!
Then suddenly there will be a huge dump. It's a scam.. Don't fall for it!
Why would someone use ripple for a pump and dump...there are many sh!t coins available for that...ripple do have a real world use unlike most of the coins available (who gets pumped just cause a wallet has been released)
What does this look like to you? What has changed since last pump and dump? Technology got better or something?
I joined crypto because I don't like banks, now everyone is talking about "bank coin" that pisses me off.
Ripple like bitcoin will fluctuate in price without any reasons at all because it's their nature that we must understand somehow they will pump and give a good value then there are times it will suddenly drop. But instead of worrying why not play the cycle for you to earn buy when its low then sell when its high with that you can maximize earnings and will help you save money for your future
There is reason to believe that banksters might be pumping up the price. Let's be very careful on this one. We might see dumping soon.
I am really suspicious with ripple since i thought no one likes this coin for being kinda centralized but i guess i was wrong. The think that annoys me is that it managed to overtake ethereum which is my favorite coin and i am sure it has more practical use than ripple.
Why would you be suspicious of something that is simply disliked be a bunch of bitcoin lovers on a bitcoin forum. Do your own research and make your own decisions. And, the fact that you were annoyed that it overtook your favorite? Maybe you should be trading baseball cards, not money.
this is not about bitcoin,
this is about higher things that are more complex not just profits, but well
Question was not for you.
Another pump n dump. Every time this happens with Ripple you will see hundreds upon hundreds of posts about ripple all over the forum..
Then suddenly there will be a huge dump. It's a scam.. Don't fall for it!
Then suddenly there will be a huge dump. It's a scam.. Don't fall for it!
Why would someone use ripple for a pump and dump...there are many sh!t coins available for that...ripple do have a real world use unlike most of the coins available (who gets pumped just cause a wallet has been released)
lately ripple have most of good news
it said that more bank and another costumer will use ripple
whale know this and withdraw money from BTC and invest earlier
look at BTC price now, and look ripple marketcap
money flow to ripple, another pump and soon dump incoming
Another pump n dump. Every time this happens with Ripple you will see hundreds upon hundreds of posts about ripple all over the forum..
Then suddenly there will be a huge dump. It's a scam.. Don't fall for it!
Then suddenly there will be a huge dump. It's a scam.. Don't fall for it!
Why would someone use ripple for a pump and dump...there are many sh!t coins available for that...ripple do have a real world use unlike most of the coins available (who gets pumped just cause a wallet has been released)
Another pump n dump. Every time this happens with Ripple you will see hundreds upon hundreds of posts about ripple all over the forum..
Then suddenly there will be a huge dump. It's a scam.. Don't fall for it!
Then suddenly there will be a huge dump. It's a scam.. Don't fall for it!
Ripple is getting more attention from traders of late because it is seen as a safe haven.I think the increase in price can be attributed to the backing of banks to trust ripple as their main source crypto coins for remittance. Is a must have altcoins in any serious trader.
It should be the coinbase listing of XRP thats why the price keeps surging up.
It is why bitcoin and or every other altcoin rises in price. There is demand to it people thinking banks will use it. I don't buy it as I don't believe rippe.
The simplest explanation for this is: banks saw that bitcoin is very low, so they transfer money to ripple, ripple takes more in value in effect and then they buy/trade for bitcoin, so if you are connected with them banks who do this, please, pm me
What's the explanation for the ripple price increase?
A few weeks ago the price went up very quickly without decent explanation. Is that happening again now?
Want to know too. XRP now increase and the whole market down makes me somehow believe XRP is like a fiat cryptocurrency. A few weeks ago the price went up very quickly without decent explanation. Is that happening again now?
NOTE: This message was originally not posted by me, but instead by someone who compromised my account. I have deleted the content.
Jump to: