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Topic: What's up with XRP now? - page 4. (Read 760 times)

hero member
Activity: 1008
Merit: 501
December 25, 2019, 09:08:02 AM
#9
I agree with your points, it seems bulls are not interested in Ripple and also in Ethereum. Bitcoin market dominance, upcoming halving hype turned people to buy more Bitcoin instead of buying alts. Though the Bull market will come through the Bitcoin but it will effect others good altcoins too, when the bull run comes, Ethereuym and ripple price will be high by following the Bitcoin's growth but b=8efore that I don't think Ethereum, ripple's price will be in the good zone again.
sr. member
Activity: 1092
Merit: 284
December 25, 2019, 07:05:58 AM
#8
Indeed, Ripple still has not shown the best results even though there have been several large investments, but the price is still low, I am still not captivated by Ripple because as seen from the chart, the price continues to fall, meaning that I still cannot trust Ripple as a promising investment.
I have also heard that Ripple has adopted many of the big companies whether it is true or not but there has been no improvement at all.
member
Activity: 476
Merit: 22
December 25, 2019, 06:41:25 AM
#7
People are waiting for magic to happen and they are getting tired of holding coins, here is a fact, the moment you are tired of something changes might be around, ripple is a top coin and centralized which makes me belief it can do better because governments can control it
sr. member
Activity: 938
Merit: 251
December 25, 2019, 06:36:46 AM
#6
Ripple is now valued at $10B thanks to a new $200M investment round. However, the price of its actual token keeps declining and remains among the worst performers of 2019.

Ripple has had a string of good news recently, but the same can’t be said for the XRP token itself.


Source link here

Despite that they did gained $200M investment and worth $10 billion in valuation, it didn't impact XRP's price.

It continues to decline. It means that it's a possibility that the bulls are no longer interested in XRP, as they are more focused in Bitcoin's dominance. They can't even get past Ethereum now, despite that they did overtake Ethereum a few times in CoinMarketCap rankings.

What does this mean now for XRP holders? Do you think it's worth buying now? Maybe if you're a long-term thinker, it might "moon" later on rather than sooner.

I would like to hear more about your reactions on this one, especially XRP holders.
Lost hope with XRP now because after raise up on higher price now XRP become shit coin and like other scam coin, they can raise up with higher price again and every time always down. How ever with bitcoin price up or not Ripple never raise with higher price and awlays down with shit coin price, look ripple have the same value with shit coin now.
sr. member
Activity: 1652
Merit: 262
December 25, 2019, 06:27:08 AM
#5
after hearing this news, I began to hesitate instead. if there should be a large investment coming in, the price should be a little pumped up. or indeed ripple is still waiting for one more moment so that until now the price has not pumped up despite getting a sizable investment.
hero member
Activity: 1540
Merit: 507
December 25, 2019, 05:54:50 AM
#4
The ripple company gets 200M funding and when you have not even seen the financial report from the company and you don't know right now about where is it going on.

People are taking valuation as a serious thing but that's a joke. Big valuation doesn't mean your business is in the right way.

No usecase, No loyalty, not even a single program that comes from the company to be divided the all of ripple holders.

When your company can generate surplus in your financial report caused by your service or product being used by public and that's much better than you just receive funding from big entities but your company can't generate revenue from your product.

Ripple is just burning the money and no more.

I can even create a few dollars worth a fresh food that i can sell it to get profit from my product and that's much better than your million ripple coin that gives nothing for you because you have spent million dollars but you can't get even a few pennies from what you have paid before.

ripple is a joke company. lol

sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
December 25, 2019, 05:40:19 AM
#3
I don't believe the price of XRP will go up any further. Its supply is increasing and XRP's services have not yet been applied to real life. I don't see the future of XRP, but there are XRP fans everywhere saying that should hold XRP, it will return $ 10 soon. I feel this is too absurd since it seems that a week, hundreds of millions of XRP are unlocked and they continue to sell it over time and that's why the price of XRP is always falling. Many people's beliefs seem to be losing and they are pouring money to buy more bitcoin.
hero member
Activity: 994
Merit: 593
aka JAGEND.
December 25, 2019, 05:02:40 AM
#2
As we know, price of a product in market is influenced by fundamentals and public sentiment.

Based from fundamental. Ripple teams are filled with qualified personnel in each their sectors. Their Promotion and marketing activities have been running on a large scale since 2017.

However, sentiments that already formed inside crypto community minds, afaik, state that :
1. Ripple is not crypto. Because most of token allocation is still held by dev team.
2. As per the announcement they made in 2017, escrow process will be completed around mid 2020.

Based on those two things, crypto community trust in ripple are still low. And it's affect xrp price. With current downtrend situation, i think it will be very difficult for xrp to back to $500.

In my opinion, their hardest job while waiting escrow full completed is gaining communities trust.


hero member
Activity: 2282
Merit: 659
Looking for gigs
December 25, 2019, 03:57:18 AM
#1
Ripple is now valued at $10B thanks to a new $200M investment round. However, the price of its actual token keeps declining and remains among the worst performers of 2019.

Ripple has had a string of good news recently, but the same can’t be said for the XRP token itself.


Source link here

Despite that they did gained $200M investment and worth $10 billion in valuation, it didn't impact XRP's price.

It continues to decline. It means that it's a possibility that the bulls are no longer interested in XRP, as they are more focused in Bitcoin's dominance. They can't even get past Ethereum now, despite that they did overtake Ethereum a few times in CoinMarketCap rankings.

What does this mean now for XRP holders? Do you think it's worth buying now? Maybe if you're a long-term thinker, it might "moon" later on rather than sooner.

I would like to hear more about your reactions on this one, especially XRP holders.
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