Topic: The pump and pump and pump and pump of Ripple (Read 4295 times)

What makes you think that isn't a fake buy order that will get canceled when the price reaches xyz sats? Why do you think it's legit order?

That might just a trap.

Just found a massive buy wall of 526 bitcoin for ripple in Polo for 11000 sat,i think there will be another push for the coin and i am glad i could enter it after seeing all the hype in this forum as well as news that banks in japan formed a consortium for cross border and domestic payments with ripple and so is the reason we are seeing this surge.

I don't think so. Ripple had the "poloniex incident" a couple of weeks ago. That killed any chance of a healthy rise for more than a month. But this absolutely futile passed month was full of good news about XRP. So what we see now is less than half a pump. It is in the first place a correction to the value, which is entitled for XRP.

Fair value? I do not think so, really now its price is unreasonable, it is rising too fast and this is unstable, all I know is that the price of the ripple is very unstable and it can collapse at any time. I think the instability of ripple is due to investors and traders, they are trying to create traps that increase the value of the ripple, then they get a profit from it. But sooner or later, huge pump will stop and the ripple will return to its real value, ripple will collapse, this is a sure thing to happen, the only problem is time

Years of mis-information, campaign and hatred, made XRP very undervalued, and now it is only attaining fair value...

first lets wait for years of spell that is broken to normalize ....  then technicals and new fundamentals can be calculated !

This XRP locked in news is already priced in. XRP has already gone up 5 times in 2 weeks and it is very risky to buy any coin that has went up in such a short time.
I prefer to hold btc and wait for the incoming correction. It may be tempting to ride the waves but a mistake will cost you a lot when the market collapses.

XRP is a premined coin. So the volume is already known but some of them is in the market while most of them are stashed by Ripple Inc.

As far as I know lockup is/will be the commitment of Ripple Inc in which she says "I will not release more than that amount of XRP into the markets ever or at least for that time"

This saying will be contracted against some authority. Without a lockup nobody can know when and how much XRP will Ripple Inc release into the market. This lockup will be  a confidence token in regards to amount of XRP and its prices.

Basically XRP will be a deflationary coin. Technically its price will increase because the amount will decrease in the market after each transaction since the top amount in the market is specified and limited.

For this assumption to be true there must be an (increasing) interest in XRP to buy, exchange and use it.

I think I covered pretty much but there may be other details as well.

what is a lockup?

This is just astonishing. I have always viewed Ripple as sketchy, they had some weird premine scams or something like that surrounding them, and i thought it would never rise as much as it did. Not it is almost looking towards $1 per coin :O Although not really, because it would have to surpass Bitcoin in order to achieve that kind of marketcap.

That is right. The scaling is diffcult in bitcoin.

With bitbank listing XRP in July and SBI Japan opening VC Exchange August, and RCCloud going live in October... man ! its like a Star studded event line up. Each of those events are going to boot the price no doubt.

And now add to that, Ripple might be announcing lockup next month - June 2nd week !


 Seems like June 2nd week, July 3rd week,  August last week & October 2nd week of this year are key turn dates when XRP will appreciate in a major way, and will never be the same again.

The pump and pump and pump and pump of Ripple, you sold at $3billion now almost $6billion.

Hi i don't think it will quadruple this month... at-least not by fundamentals... .. but if it does in some wierd manner ( with crypto speculation etc ) then your 60$ will be worth 240$.

more realistically we are seeing just 2 USD by 2018 end which is great and real world utility based minimal growth.

see this for more details and explanation : https://www.xrpchat.com/topic/3253-why-do-you-think-that-the-xrp-price-will-be-higher/?page=3#comment-30589

I learnt a lot about ripple from xrpchat although i am not a member, i recommend u study there a bit. really decent and class community,

I have a question please. Am new to trading so don't know much..
If Ripple quadruple later this month how much will my investment of $60 worth then?

Yes you are Wrong, i have never even once mentioned anybody to buy anything. I don't advice anybody. and everything i have pasted is not from ripple, I am fan of ripple and IOV. Hence, i closely follow related news.

I have pasted links from SBI, Ripple, Twitter, FED, Bank of England, Bloomberg and you-tube. may be more... but all truthful and real info. then, People make their own mind.

There has been a lot of misinformation and divergence campaign lately and I am doing social good by giving real sources, conformable evidence and breaking illusion. That's the beauty with truth, you don't need to persuade anyone.

So, Go plow somewhere else & if and when you have something genuine i will be happy to correct.

Of-course i love Ripple, and i have nothing to do with the company, nor i am its Employee. I love the concept of IOV and don't want such beautiful technology to fail, just because some folk does not want to give in to evolution. and hence a big fan of it, I think its the next future of financial rail-road, and i will do everything in my legal capacity to support it.

got any more questions ?

because if you do, you can go here : https://www.linkedin.com/pulse/ripple-vs-swift-payment-revolution-david-blair  , read Mr David's article ( a person with 25+ years of Treasury experience who advices governments and international institutions, and most importantly a 'real' person, a 'real' achiever, with real profile and not a troll ) , and ask him more

Good luck.

@f0rmdeep Are you from Ripple team? Your every post is suspicious. You copy/paste everything that relates to Ripple and you try to persuade to buy this coin... Am I wrong?

between love this : https://www.youtube.com/watch?v=vsEVF4LV_gI&t=15s & https://www.youtube.com/watch?v=otERf5Nn9e8 ( make sure to turn on english subtitbles - easy )

Honestly I've sold too. Bought this morning at 0.00006730 and sold a couple of hours later at 0.00008351. 
I hope to re-open a long soon.

I am doing the same. because the news has not even hit the market. So two big things coming .

June : Ripple will announce Lock-Up of remaining XRP, stagnating the supply worries for next several years. Big deal.
August 2nd Week : SBI Japan will open their first virtual currency exchange ( first time a traditional bank is doing this ) - They already have 21 Million Netbanking customers who are kyc'ed and all ready. they dont even need new logins. even 10% of those customers participating is 2.1 million people ! this alone is enough to explode ( consider given volume and the volume that will be added by 2.1 million people )


if those 2.1 million people on average even invest 10 dollar each, thats 21 million new usd demand .. think about it..

i really think XiaLang is right. there might be temporary dips, but don't want to take a chance, Will hold tight till end of august and then take some profits...