Topic: Was Ripple the cause of this bullish trend? What do you think? - page 4. (Read 512 times)
February 06, 2020, 07:24:07 PM
Bitcoin is the leader of cryptocurrency market - it has always been and still is, with no signs of it losing its positions, in fact it only grew stronger in the recent years and has more dominance than in the previous bull period. Hence, it's irrelevant what happens to altcoins aka shitcoins, even if they are from top 5 - they don't influence the whole market, and none of them can influence Bitcoin. There's only a relationship between related coins, like ETH and its competitotrs, but even that doesn't always mean there's a predictable reaction when it comes to price.
February 06, 2020, 07:18:53 PM
Very little price action is directly caused by one singular thing; there's also plenty of events that we will never know the root cause of, but XRP itself is still just a small part of the crypto markets as a whole even though it's up there if you're ranking cryptocurrencies by market cap and other similar factors. Besides even those things, I doubt a simple announcement like this would cause so much fanfare in the markets, and it isn't due to launch for a while.
February 06, 2020, 07:04:46 PM
Nope.
It's also performing well now but it's not the cause of the bullish trend. We don't know the actual reason behind it.
It's also performing well now but it's not the cause of the bullish trend. We don't know the actual reason behind it.
February 06, 2020, 03:48:34 PM
Ripple had been on the news before this bullish threads started coming into the crypto market, this make me Wonder, if Ripple is the sole cause of this bullish threads we have seen form January to February, 2020. Also, recently Ripple had announced their partner; "Intermex, which will leverage RippleNet – a network of institutional payment providers using Ripple's several payments solutions – to develop "faster, transparent cross-border remittance services" between the U.S. and Mexico."
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Ripple? I don't think so my friend.
Only BTC can cause bullish trend. Ripple can't. So many people doesn't even like Ripple, they are just trying to make profit on Ripple.
February 06, 2020, 03:32:09 PM
I seriously can't believe these shills and how hard they are trying to force a shitcoin to our faces. How the hell a WHOLE market increase could be attributed to XRP, how? Are you guys just realizing that XRP is a horrible coin and want to make sure it continues to go up so you can sell and get rid of it? Is this what it is?
You will never get any shares from the profits Ripple will make, you know that right? And they have millions upon millions of coins that they can sell and kill the market in order to make profit for themselves and never care about you, you must have at least heard about that. People who shill coins like bsv, xrp, bch and so forth really sickens me, nobody should be as shallow as this to just make few bucks on the side from their investments.
You will never get any shares from the profits Ripple will make, you know that right? And they have millions upon millions of coins that they can sell and kill the market in order to make profit for themselves and never care about you, you must have at least heard about that. People who shill coins like bsv, xrp, bch and so forth really sickens me, nobody should be as shallow as this to just make few bucks on the side from their investments.
February 06, 2020, 02:29:58 PM
Ripple has potential and it can surely grow higher in few months time but presently I refuse to accept that Ripple is behind this present bullrun, Ripple hasn't grown profit like BCH and ETH did, its growth since few days ago is very low compare to other coins
February 06, 2020, 02:16:12 PM
Have a look at the 1D BTC chart with smoothed candles. BTC has been priming for a while. It seems to enjoy following large trend lines as well as elliot wave patterns. Which makes sense because the majority of the market is ran by whales with bots programmed for long term accumulation, pump, and dump. Rinse, repeat...
February 06, 2020, 02:11:51 PM
Ripple had been on the news before this bullish threads started coming into the crypto market, this make me Wonder, if Ripple is the sole cause of this bullish threads we have seen form January to February, 2020. Also, recently Ripple had announced their partner; "Intermex, which will leverage RippleNet – a network of institutional payment providers using Ripple's several payments solutions – to develop "faster, transparent cross-border remittance services" between the U.S. and Mexico."
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Absolutely not! Ripple is not entirely a cryptocurrency as such. It is a centralized version of a cryptocurrency which simply doesn't have the power to set the entire market in bullish mode! Ripple is too small for that! There are only two coins which has this kind of power are, bitcoin and ETH. These two coins are indeed in bullish mode for genuine reasons as listed below,
1. Bitcoin - upcoming halving is what pushing the price in upward direction. It is just a repetition of the trend that we have already seen during previous halving events.
2. ETH - this coin is pushing to upward direction because of its upcoming algorithm change to POS from current POW. People are hoarding this coin to earn a better ROI in future and the d3mand has gone up for this reason.
After from thesebtwo coins, no other coins hold the power to change the mood of the market. Certainly not Ripple!
February 06, 2020, 10:18:54 AM
Ripple indeed could grow due to the launch of bitmex 50x leverage and as you know this coin has been paired a lot to different coins such as eth and btc which could boost also the pump of some coins. I'm not a fan of ripple but their surge affect btc and eth in the goodway. I know a lot of crypto enthusiats dont like this centralized project but thanks to them we can at least say they are helpful on the total market cap which make the green lights to activate that much.
February 06, 2020, 10:16:42 AM
When compared to the other altcoins such as Ethereum and Litecoin, the spike in the Ripple prices recently have been more moderate. And also, I was not that impressed by the verbal duel between Mike Novogratz (CEO of Galaxy Digital) and Brad Garlinghouse (CEO of Ripple). I thought that the prediction made by Novogratz was more supported by the facts, when compared to the one made by Garlinghouse.
February 06, 2020, 10:16:38 AM
No it is not. The current market is heavily led by bitcoin like the way it had done before. It's bitcoin that's increasing and other coins are increasing as they are paired mostly with bitcoin and the paired bitcoin price rises. The reason for bitcoin's price growth at the moment is largely due to the halving approaching in May 2020. This could be the best time to buy bitcoin below $10K.
February 06, 2020, 10:01:52 AM
Is not it obvious, whenever we are approaching Bitcoin halving the market always turns better? there is no altcoin that can affect the whole market except Bitcoin itself. Bitcoin has the biggest market cap, cryptocurrency is like a company and Bitcoin is the biggest shareholder in the company and altcoin is the rest of the shareholders.
With it, Bitcoin can control the company because it has almost the majority of the share over the company. Do not overcomplicate it, it is as simple as that.
With it, Bitcoin can control the company because it has almost the majority of the share over the company. Do not overcomplicate it, it is as simple as that.
February 06, 2020, 09:40:25 AM
If ripple is responsible for this present bullish thread why haven't ripple skyrocket yet? why still around 0.23$? it should be the one taking the lead right now, where other altcoins like BitcoinCash and ETH are making XRP looks stupid, I think bitcoin halving is responsible not ripple
February 06, 2020, 05:26:20 AM
Ripple had been on the news before this bullish threads started coming into the crypto market, this make me Wonder, if Ripple is the sole cause of this bullish threads we have seen form January to February, 2020. Also, recently Ripple had announced their partner; "Intermex, which will leverage RippleNet – a network of institutional payment providers using Ripple's several payments solutions – to develop "faster, transparent cross-border remittance services" between the U.S. and Mexico."
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Maybe not! Altcoins like ripple have not shown such robustness to give a bullish trend as you have assumed to be. The fact still remains that, the hype of Ripple few days ago which still on a hype may be tracked to partnership of companies you have mentioned, and the ones the writers have observed. Such yardstick cannot bring a bullish trend as to what we have seen, although, its good to gather some coins that have possibility to soar higher.
February 05, 2020, 06:58:02 PM
Ripple had been on the news before this bullish threads started coming into the crypto market, this make me Wonder, if Ripple is the sole cause of this bullish threads we have seen form January to February, 2020. Also, recently Ripple had announced their partner; "Intermex, which will leverage RippleNet – a network of institutional payment providers using Ripple's several payments solutions – to develop "faster, transparent cross-border remittance services" between the U.S. and Mexico."
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