Topic: ripple shot up.. why? (Read 4203 times)
Gonna be a real big bubble
the bubble is pretty indeed
Profited a ton from this:)
STR kinda going up too.. piggy backing on XRP's uptrend.
Profited a ton from this:)
Price has doubled since the OP.
Profited a ton from this:)
ripple bubble
Yes buy Blocknet which is 100% scam and if you have money left buy Ripple which is 80% scam
True words.
Yes buy Blocknet which is 100% scam and if you have money left buy Ripple which is 80% scam
and NxT too, NxT bought many luxury vehicles so far.
Omg you really seem to hate nxt that much.Feel sorry for you.Keep going your agenda!
Yes buy Blocknet which is 100% scam and if you have money left buy Ripple which is 80% scam
I never thought I would say this, but I now agree with 20% of your perspective on Ripple.
Yes buy Blocknet which is 100% scam and if you have money left buy Ripple which is 80% scam
and NxT too, NxT bought many luxury vehicles so far.
Are we already in the dump phase?
Nice money could be done on that p'n'd, although too risky for me. I would stay away from Ripple even if I had information about incoming pump, entire coin is too fishy.
Nice money could be done on that p'n'd, although too risky for me. I would stay away from Ripple even if I had information about incoming pump, entire coin is too fishy.
Stop fudding! Go all in ripple or blocknet
https://www.cryptsy.com/markets/view/XRP_BTC
Its all about cryptsy.com
My prediction is: 2-3 month of growing and backward to the normal price, until Bitcoin will take 5,000$.
So I think I found the reason, of course ive never looked in depth into these charts before so I do not know if this data was integrated recently or not.
http://coinmarketcap.com/currencies/ripple/#markets
Seems that the largest points of data are coming from ripple labs themselves as far as marketcap via ripple charts. Ive tried to poke around their website to see where the data was coming from and it was difficult, (the details next to the market cap provided button seems to be broken, and navigating around the site will sometimes display charts as internal server errors).
Interestingly enough, these charts seem to exclude a quarter of the supposed marketcap with BTC38. If the data is coming directly from the ripple network, why does it not show an entire quarter of data? I would expect that these charts built by ripple labs would want to include all data.
All in all this smells really fishy, much like how ripple "passed" Litecoin marketcap. For those unaware, they really didn't pass Litecoin at all. The only thing they did was release a bunch of coins onto the network and changed the supply available. And since marketcap is calculated by price X supply, it shot up in one day (straight vertical line). Additional irony of this is that I dont think these tokens are in circulation, I think they are held by one whale. Therefore in essence nothing really changed except for the market manipulation that ripple did.
With that all said, this doesnt pass the smell test. Pretty sure this is more market manipulation to get "buy in".
http://coinmarketcap.com/currencies/ripple/#markets
Seems that the largest points of data are coming from ripple labs themselves as far as marketcap via ripple charts. Ive tried to poke around their website to see where the data was coming from and it was difficult, (the details next to the market cap provided button seems to be broken, and navigating around the site will sometimes display charts as internal server errors).
Quote
Ripple Charts is built and maintained by Ripple Labs, based on data from the Ripple Network.
Interestingly enough, these charts seem to exclude a quarter of the supposed marketcap with BTC38. If the data is coming directly from the ripple network, why does it not show an entire quarter of data? I would expect that these charts built by ripple labs would want to include all data.
All in all this smells really fishy, much like how ripple "passed" Litecoin marketcap. For those unaware, they really didn't pass Litecoin at all. The only thing they did was release a bunch of coins onto the network and changed the supply available. And since marketcap is calculated by price X supply, it shot up in one day (straight vertical line). Additional irony of this is that I dont think these tokens are in circulation, I think they are held by one whale. Therefore in essence nothing really changed except for the market manipulation that ripple did.
With that all said, this doesnt pass the smell test. Pretty sure this is more market manipulation to get "buy in".
Exactly.
No, this is unsubstantiated FUD that has been corrected multiple times. Ripple Charts tracks network exchange activity. It is open source, and you are able to run it and verify the data yourself. BTC38 is off-network, and therefore not tracked by Ripple Charts.
Here is an explanation of why the XRP market cap spikes. Your concern is with how coinmarketcap.com calculates market cap.
Before coinmarketcap.com modified their calculation, the complaint had been that all ~100,000,000,000 coins were used in the calculation. Now, solely those that have been distributed are used in the calculation, which in turn leads to spikes when distribution occurs.
Here is news that may be a factor in the continued steady climb of XRP.
I do not, however, recommend anyone invest in XRP without researching and attempting to thoroughly understand the system, or any other cryptocurrency for that matter.
So I think I found the reason, of course ive never looked in depth into these charts before so I do not know if this data was integrated recently or not.
http://coinmarketcap.com/currencies/ripple/#markets
Seems that the largest points of data are coming from ripple labs themselves as far as marketcap via ripple charts. Ive tried to poke around their website to see where the data was coming from and it was difficult, (the details next to the market cap provided button seems to be broken, and navigating around the site will sometimes display charts as internal server errors).
Interestingly enough, these charts seem to exclude a quarter of the supposed marketcap with BTC38. If the data is coming directly from the ripple network, why does it not show an entire quarter of data? I would expect that these charts built by ripple labs would want to include all data.
All in all this smells really fishy, much like how ripple "passed" Litecoin marketcap. For those unaware, they really didn't pass Litecoin at all. The only thing they did was release a bunch of coins onto the network and changed the supply available. And since marketcap is calculated by price X supply, it shot up in one day (straight vertical line). Additional irony of this is that I dont think these tokens are in circulation, I think they are held by one whale. Therefore in essence nothing really changed except for the market manipulation that ripple did.
With that all said, this doesnt pass the smell test. Pretty sure this is more market manipulation to get "buy in".
http://coinmarketcap.com/currencies/ripple/#markets
Seems that the largest points of data are coming from ripple labs themselves as far as marketcap via ripple charts. Ive tried to poke around their website to see where the data was coming from and it was difficult, (the details next to the market cap provided button seems to be broken, and navigating around the site will sometimes display charts as internal server errors).
Quote
Ripple Charts is built and maintained by Ripple Labs, based on data from the Ripple Network.
Interestingly enough, these charts seem to exclude a quarter of the supposed marketcap with BTC38. If the data is coming directly from the ripple network, why does it not show an entire quarter of data? I would expect that these charts built by ripple labs would want to include all data.
All in all this smells really fishy, much like how ripple "passed" Litecoin marketcap. For those unaware, they really didn't pass Litecoin at all. The only thing they did was release a bunch of coins onto the network and changed the supply available. And since marketcap is calculated by price X supply, it shot up in one day (straight vertical line). Additional irony of this is that I dont think these tokens are in circulation, I think they are held by one whale. Therefore in essence nothing really changed except for the market manipulation that ripple did.
With that all said, this doesnt pass the smell test. Pretty sure this is more market manipulation to get "buy in".
Exactly.
can someone briefly explain to me why ripple has shot up?
The current price is the result of a classic P&D. It'll be back to normal soon.
If they did, there would be public cryptographically signed proof at least for trades on Ripple itself. Less speculation, more analysis please! Which accounts that bought heavily do you suspect are owned by Ripple Labs or "heavy pumpers"?
So I hold 100% of "Sukrimcoins" - how does that mean I can INCREASE the price of them when I can only SELL them? 
Some people don't seem to understand basic markets...
Some people don't seem to understand basic markets...
Problem is, ripple labs don't hold 100% of xrp, that means they could sell and buy
(I'm not saying that they are)
So I hold 100% of "Sukrimcoins" - how does that mean I can INCREASE the price of them when I can only SELL them?
Some people don't seem to understand basic markets...
Some people don't seem to understand basic markets...
can someone briefly explain to me why ripple has shot up?
[/quote
Because the dirty little perverts who control most of the coin keep pumping
[/quote
Because the dirty little perverts who control most of the coin keep pumping
can someone briefly explain to me why ripple has shot up?
Take a look at cryptsy.com.
Looks like this markets was appeared only a couple of weeks ago.
Year ago in this place was DOGE, this was around 25% of DOGE's power at that time, methinks. Thereafter, cryptsy decline DOGE, now everything is bad.
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