XRP dumped and BTC goes up, coincidence ? - page 5.

Fesatmas

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Quote from: AbbyS on December 17, 2020, 09:22:09 AM

I have a theory, that some coins influence BTC price negatively,
In the past i felt that once XRP goes BULL, it stops BTC BULL
and now, i see once XRP was dumped after the airdrop, BTC went bull again

A few days ago XRP had experienced quite a large Bulish, of course this would make perfect sense if it was dumped on a large scale, and of course investors have turned their attention to bitcoin. maybe at first glance it is true, there is a significant relationship. There is nothing wrong with having such a theory, and it is still acceptable.
But if you refer to the theory, if bitcoin continues and pushes up to $ 30,000, it will be very dangerous for XRP.

BDBitcoinExpart

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XRP has not dumped but is taking some correction. And so the distribution of xrp airdrop tokens has started. Altcoin usually dumps when btc pumps directly. The future of xrp is very good.

Sebas.tian

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Quote from: AbbyS on December 17, 2020, 09:22:09 AM

I have a theory, that some coins influence BTC price negatively,

That theory doesn't seem to be correct mate, XRP just made some remarkable move while Bitcoin price still on the bullish move, this has be one of the most happy moment with XRP.

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In the past i felt that once XRP goes BULL, it stops BTC BULL

How and what do you mean? XRP has no power to stop Bitcoin bullish run dude, can't you see for yourself what is happening right now?.

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and now, i see once XRP was dumped after the airdrop, BTC went bull again

After the XRP airdrop it price hold it value over the period and still make some impressive move as we speak right now.

rhomelmabini

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No God or Kings, only BITCOIN.

Quote from: AbbyS on December 17, 2020, 09:22:09 AM

I have a theory, that some coins influence BTC price negatively,
In the past i felt that once XRP goes BULL, it stops BTC BULL
and now, i see once XRP was dumped after the airdrop, BTC went bull again

Can't understand that clearly on what you mean but somehow it goes from different scenario you could either be correct or not but all of that was pure speculation. This time the XRP rise from from $0.3 region to $0.7 was purely the case of the Flare airdrop but now looks like top market cap alts are getting dragged too by the BTC bull run.

I don't know how far Bitcoin would go but I'm more optimistic that maybe we could have a dip sooner or later then it's time I guess alts will let loose, just my two cents.

meanwords

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What do you mean? XRP is doing great in the market right now. You can check coingecko or coinmarketcap that XRP has gained almost 20% today so your theory kinda doesn't make sense. Though I haven't invested in XRP since I'm all for Bitcoin and gold right now.

Koutami

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Quote from: AbbyS on December 17, 2020, 09:22:09 AM

I have a theory, that some coins influence BTC price negatively,
In the past i felt that once XRP goes BULL, it stops BTC BULL
and now, i see once XRP was dumped after the airdrop, BTC went bull again

i dont think its have correlation directly, But about XRP dumped after the airdrop, isnt it just an ordinary thing about airdrop?

AbbyS

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I have a theory, that some coins influence BTC price negatively,
In the past i felt that once XRP goes BULL, it stops BTC BULL
and now, i see once XRP was dumped after the airdrop, BTC went bull again

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