Pages:
Author

Topic: Was Ripple the cause of this bullish trend? What do you think? (Read 507 times)

hero member
Activity: 2352
Merit: 593
I don't think ripple alone could affect the whole market situation. There are just lots of positive events which are affecting the market trend. It's actually a good thing that ripple is rising up because it simply means that it could go with Bitcoin's flow. However, I have also noticed that the price of ripple is quite dropping down, I guess it is because they all have their own movement as a coin.
sr. member
Activity: 1484
Merit: 253
XRP is out for this and one reason that I saw this climbing scenario that we experience in a few days and since for the start of this year is because of the upcoming halving and people anticipating it by buying more which increases that market demand and eventually makes prices to move high also.
That XRP owner pronouncement has got attention but that was only for Ripple and not of the entire market involvement.

Anyway, if that contributed to the market pumps which is unnoticed, well it is good to see but I'm not really convince of its effect since halving got more attention to the public.

Halving usually occurs if the huge demand will cause the increase of market price in each coins. However xrp has been tested for more years and it stayed consistent and stable in terms of trading volume that's why no wonder it could contribute to a lot of changes in the market.
sr. member
Activity: 2800
Merit: 344
when lambo...
XRP is out for this and one reason that I saw this climbing scenario that we experience in a few days and since for the start of this year is because of the upcoming halving and people anticipating it by buying more which increases that market demand and eventually makes prices to move high also.
That XRP owner pronouncement has got attention but that was only for Ripple and not of the entire market involvement.

Anyway, if that contributed to the market pumps which is unnoticed, well it is good to see but I'm not really convince of its effect since halving got more attention to the public.
member
Activity: 400
Merit: 12
Now, Ripple owners are saying that because of the lawsuits they are getting the XRP market could collapse because when they are ordered by the courts to pay up those law suits they will be forced to sell the XRP (millions of it they printed for themselves for free which is epitome of bad crypto moves) will be sold on the market and that will result with the price to go down. Ripple company will be fine because they will simply print more for the future but the people who wold XRP will be screwed for the punishments of the company.

When we are talking about a company and a currency like that, I do not understand how people are still rooting for it to go up. It will not go up, it will go down and in the future it will be a shitcoin like it supposed to be already.

Yes the Ripple price is getting very bad conditions now. because the Ripple team is keep releasing the new coins in to crypto market from past few months and it getting more day by day it can impacting  the Ripple price so better to understand the situation and Ripple team should take action for it.
legendary
Activity: 2842
Merit: 1152
Now, Ripple owners are saying that because of the lawsuits they are getting the XRP market could collapse because when they are ordered by the courts to pay up those law suits they will be forced to sell the XRP (millions of it they printed for themselves for free which is epitome of bad crypto moves) will be sold on the market and that will result with the price to go down. Ripple company will be fine because they will simply print more for the future but the people who wold XRP will be screwed for the punishments of the company.

When we are talking about a company and a currency like that, I do not understand how people are still rooting for it to go up. It will not go up, it will go down and in the future it will be a shitcoin like it supposed to be already.
sr. member
Activity: 1056
Merit: 251
If ripple was the reason why bitcoin went above $10000 and ethereum trying to test $300 then it could have been the highest venefitor of the recent bullish run but I did not see anything like that. Ripple seem to have lose the memory of recovery and I think it can be the reason why other coins are gaining.
It's clear to everyone that Ripple wasn't the reason for the bullish trend in the market, it even sounds ridiculous, because for the bullish trend at least there should be good volatility and XRP doesn't have it.
sr. member
Activity: 625
Merit: 250
io.ezystayz.com
Ripple is the only coin on the top 10 coin that I cant recommend for any new investors. Have expected the team to give explanation from the struggle in the market and the rumour of dumping by flooding the market with some reserved token last year. The same token climbed above ethereum last year and stayed there for several weeks, now ethereum marketcap almost doubled the ripple and there are fewer recommendation on the social media neither news of development from the project.
Yesterday more than 500 million Ripple were unlocked and that is the main reason why I feel very worried about the future of this coin. I'm not sure what this coin will look like, but you may face a lot of great risks if you choose to invest. In addition, people are looking for new investments and they will undoubtedly choose only the coins that can help them make a profit in the long run.
member
Activity: 490
Merit: 17
If ripple was the reason why bitcoin went above $10000 and ethereum trying to test $300 then it could have been the highest venefitor of the recent bullish run but I did not see anything like that. Ripple seem to have lose the memory of recovery and I think it can be the reason why other coins are gaining.
hero member
Activity: 2604
Merit: 542
Always, absolutely always the reason for bullish trend is Bitcoin, and not only bullish but also bearish trend is also Bitcoin, because the whole market follows Bitcoin.

Right, since bitcoin is on the top of the food chain, and most tokens or crypto trade pairs with it, there should be no other coin in the market that can bring the bullishness in crypto, except the old and reliable bitcoin.

How about Ripple now causing the bearish trend because of this news?

https://www.bloomberg.com/news/articles/2020-02-26/ripple-must-face-lawsuit-alleging-illegal-xrp-sales
sr. member
Activity: 2226
Merit: 270
Chainjoes.com
Ripple is the only coin on the top 10 coin that I cant recommend for any new investors. Have expected the team to give explanation from the struggle in the market and the rumour of dumping by flooding the market with some reserved token last year. The same token climbed above ethereum last year and stayed there for several weeks, now ethereum marketcap almost doubled the ripple and there are fewer recommendation on the social media neither news of development from the project.
sr. member
Activity: 719
Merit: 250
Always, absolutely always the reason for bullish trend is Bitcoin, and not only bullish but also bearish trend is also Bitcoin, because the whole market follows Bitcoin.
full member
Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
I don't think ripple is the cause of the bullish trend. If this is true then ripple should pump the price at least $0.5 but no. I'm not sure but I think the upcoming bitcoin halving was the cause of a little bullish. Now the prices of the coins were going down seems investors already gained profit but I believe the coins will rise up again.
I don't think this coin can go up during this period because people seem to feel uncomfortable investing in this coin. In fact, Ripple has not been able to increase in price for the past two years and the supply of this coin is so huge that I feel very nervous when investing. In addition, not many long term investors choose this coin so it is very risky if you buy.
full member
Activity: 1316
Merit: 108
Never in its history has the Ripples influenced the cryptocurrency market and it will not be in the future either.  In addition, I did not observe any outstanding indicators of Ripples in the cryptocurrency market, so that someone could suggest this.
It never happens and Op is not understood correctly about how crypto market works today. crypto market is totally getting affected by bitcoin and ripple never does any impact to the crypto. The opposite thing must be a correct statement for ripple caused by it was only taking advantage of the crypto market and it never contributes to the crypto market.
I also share your opinion, since everyone understands why Ripple is used by some payment systems.  In turn, I still make some investments in this coin, because I understand its prospects thanks to the use of the cryptocurrency market, blockchain and cooperation with famous payment systems, and this gives me confidence in its prospects.  But I really understand that this coin does not and cannot have any effect on the entire cryptocurrency market.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
Never in its history has the Ripples influenced the cryptocurrency market and it will not be in the future either.  In addition, I did not observe any outstanding indicators of Ripples in the cryptocurrency market, so that someone could suggest this.
It never happens and Op is not understood correctly about how crypto market works today. crypto market is totally getting affected by bitcoin and ripple never does any impact to the crypto. The opposite thing must be a correct statement for ripple caused by it was only taking advantage of the crypto market and it never contributes to the crypto market.
full member
Activity: 1316
Merit: 108
Never in its history has the Ripples influenced the cryptocurrency market and it will not be in the future either.  In addition, I did not observe any outstanding indicators of Ripples in the cryptocurrency market, so that someone could suggest this.
sr. member
Activity: 1056
Merit: 251
The reason for the bullish trend is almost always either Bitcoin or news that appears in the media, but not Ripple.
full member
Activity: 1344
Merit: 102
I don't think ripple is the cause of the bullish trend. If this is true then ripple should pump the price at least $0.5 but no. I'm not sure but I think the upcoming bitcoin halving was the cause of a little bullish. Now the prices of the coins were going down seems investors already gained profit but I believe the coins will rise up again.
hero member
Activity: 2268
Merit: 507
I don't think that ripple is responsible for the bullish trend. Maybe the reason why some of the altcoin rises up is because of the halving that is about to happen this coming May. Investors are now hyped to this kind of event that is why they are trying to have some bitcoin before halving happens for them to be able to gain profit into it.
Halving is still a few months ahead, but the price of BTC and altcoin has experienced a substantial decline, then what is the reason?
If you are always updating the latest news and current dump already created by the bullish trend on the gold. In africa and the gold has already touched its halving that means if the product of gold is getting lower like when miners are getting less and less reward caused by halving. You can even read a lot of news about that.
hero member
Activity: 1876
Merit: 512
I still do not understand why all these XRP rats seems to feel Ripple is responsible for everything good in the space. There is one thing for sure XRP army will keep shilling their tokens and the Ripple team will keep dumping on the market and the price will keep going down
hero member
Activity: 2814
Merit: 576
There is no correlation between this Bullish trend and Ripple coins, this is purely a Bullish trend. Even though Ripple has very good news but I don't think it has an impact on increasing all Crypto prices. So Don't trust too much from the news that you read, maybe it's just a promotion from a certain party.
It's very clear that it's not Ripple who made the market bullish even if today's market condition is not really bullish at all. It's the incoming bitcoin halving that will create positive impact on bitcoin price and once bitcoin will surge high, top altcoins too are expecting to recover their prices again. It's bitcoin who will mostly control the market as it has the highest rate invested coin by the investors.
Pages:
Jump to: