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Topic: What's going on with ETH? My theory. - page 2. (Read 254 times)

member
Activity: 344
Merit: 10
November 21, 2018, 03:58:57 AM
#13
Ethereum is not affected by XRP. Ethereum actually received a collective sell-off from the ICO development team. This is the most dangerous. Now, people are ready to sell a lot of Ethereum. Once the price of Ethereum falls below $100, it may lead to panic selling.
member
Activity: 396
Merit: 10
November 21, 2018, 03:52:49 AM
#12
This is a centralized coin, and some of the current cryptocurrency trends support centralized development. Although the original cryptocurrency was decentralized, it has to be acknowledged that centralization has begun to help the cryptocurrency market. I don't like these two coins.
legendary
Activity: 3668
Merit: 6382
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November 21, 2018, 02:30:08 AM
#11
Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.

Personally I don't like neither ETH, neither XRP. Both have their bag of skeletons in the closet. Of course, XRP is much worse than ETH. On the other hand, both are incredible speculation vehicles. Or used to be.

But you are wrong on something. Or half right. Why just simply sell at a loss? Why not buy back cheaper?
How about a billion dollar pump and dump scheme spread on more than a year periods? Or how about selling at a loss until the price is low and they can fill their bags with Bitcoin? And I mean here BAKKT and other banksters that want to do business in crypto world? How about the Bitfinex/USDT MtGox like scheme? There are plenty of theories that make more or less sense, but seem to have better ground than this simple "sell at a loss" idea.
full member
Activity: 364
Merit: 100
November 21, 2018, 02:16:18 AM
#10
What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.
I do not think that this was done Ripple directionally, maybe there was a slight influence, but not so much. Yes, and his performance seems unlike other coins are still kept in good shape, so there is quite another.
hero member
Activity: 3080
Merit: 603
November 21, 2018, 02:09:20 AM
#9
I never thought about this that they have been buying BTC and ETH so they can take over the market. How about the other altcoins? I think whats on your mind is to take down the head so others will just have to follow if it starts crashing. So how many bitcoin and ETH do you think that they bought?

Well thats just a theory and you dont have any proof to it.
legendary
Activity: 1946
Merit: 1137
November 21, 2018, 01:17:10 AM
#8
you are wrong because you are missing the math which is the only reason why this ranking exists and keeps useless coins on top and is in fact the only reason why market capitalization is a wrong and fake characteristic to be used for ranking cryptocurrencies!

fact #1
it is always easier to pump a coin that has a lower price than to pump a coin with higher price.
XRP is worth <10k satoshi while ETH is worth 2.9 million satoshi.
the dump of a coin with higher price is also more severe than a dump of a coin with lower price.

fact #2
market cap is price * supply
XRP has 40 billion useless tokens in circulation while ETH has 103 million useless token in circulation so XRP should have a bigger market cap! and that is one of the main reasons why it is meaningless.
sr. member
Activity: 882
Merit: 301
November 21, 2018, 12:09:03 AM
#7
Well that's something I never really thought about until you brought it up. It's a possible scenario given that Ripple has not been affected by this market crash.  


Quote
Personally I prefer ETH and would never touch XRP
Right on. I am a bit disappointed with what's happening with the recent price drop and the delay of ethereum 2.0 but despite that, I would never touch or trade XRP.
full member
Activity: 258
Merit: 101
November 21, 2018, 12:06:04 AM
#6
I don't agree with that. I see a decline in ETH prices indeed because of the bad development of ICO and the impact on the fall of ETH prices, we all know that 80% of ICO tokens use the ethereum erc20 base.
While the decline in the price of bitcoin can indeed have an intervention by the government or the banks that do it.
full member
Activity: 625
Merit: 125
November 21, 2018, 12:03:50 AM
#5
What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.

I prefer ethereum as well since it's more decentralized compared to Ripple. Financial institutions can always take over the crypto market since they have unlimited fiat.

There goes Satoshi's vision down the drain  Cry. Anonymous, decentralized and trustless form of electronic money is being taken over.
hero member
Activity: 2268
Merit: 579
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November 20, 2018, 11:56:42 PM
#4
What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.


I personally dont like Ripple due to it centralized in nature and the Ripple CEO seems to have alot connections with big companies and the banking sectors base on pass record of the ripple project but I dont the Ripple CEO was an ex-military. However, I dont want to agree with what OP about ripple CEO collaborating with bankster, friends etc for the purpose of dumping other crypto while make ripple to bullish because ETH is having some problem and the crypto market either is always expect to face market correction after ATH.
jr. member
Activity: 185
Merit: 1
November 20, 2018, 11:28:56 PM
#3
This year so many ICO from last year sold their Ethereum to make or developing their program or roadmap,, and not many ICO survive in ecosytem token, who have a real product can survive this year
legendary
Activity: 3234
Merit: 1029
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November 20, 2018, 11:24:20 PM
#2
What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.
My question is how that possible? Do they stupid enough to buy ether at a high price and then sell 'em all at loss?  This time XRP has been getting its bearish trend. I guess these bitcoin and ethereum holders are converting their coins for a while to the XRP. That should be the correct answer considering it has got a big bearish trend.
hero member
Activity: 976
Merit: 1002
Bitcoinmeetups.org
November 20, 2018, 10:43:41 PM
#1
What's going on with ETH?

My theory:

Ripple team and their bankster friends have been buying BTC and ETH during the whole year and are selling at a loss now when it's least expected to maximize the returns on their futures and to pump their XRP in order to take control over crypto land. Because the banks have almost unlimited access to fiat capital they can buy crypto and sell at a loss as long as their XRP and futures are going up. Basically a takeover attempt by the military and banks (the CEO of Ripple is an ex-military and probably still has lots of connections).

Personally I prefer ETH and would never touch XRP.
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