XRP market cap manipulation? - page 6.

setifien19

full member

Activity: 472

Merit: 101

Quote from: chenille on January 29, 2019, 01:49:40 PM

The market cap of XRP is possibly manipulated at a large scale, published on different crypto news during the last days. In fact, half of the current market capitalization could be faked in favor of XRP. You can read more on cointelegraph: https://cointelegraph.com/news/report-xrp-market-cap-could-be-overestimated-by-billions

Another reason to stay away from XRP.

In fact , XRP is the most mysterious coin in the market , as it could be white, it could be so dark. From one side it's quite stable because it's centralised, but in the other hand it's unsafe to trade with because of the same reason

Geenstijl

legendary

Activity: 1232

Merit: 1000

Almost every single project cap is overestimated and total market cap is not that correct at all. I won't be surprised if more than 50% is fake. In my opinion it's the global problem, not only XRP.

cryptomaster420

member

Activity: 256

Merit: 10

I actually paid for the report, and it's as legit as it gets.
However I don't think there's anything malicious by Ripple Labs. CMC's circulating supply is based on coins that can "technically" be moved - it doesn't exclude coins that are locked due to legal issues.
So the report itself shows how naive and non-specific the MARKET CAP valuation is, not that Ripple are doing anything wrong. The same way we can exclude lost bitcoins from BTC-s market cap, and if we do - it means that Ethereum was the #1 coin in some parts of 2017. But that would just be silly.

team87

jr. member

Activity: 336

Merit: 1

Is this what caused the popularity of the XRP to date? If that is true, of course it will disappoint many people. There should be no manipulation. Maybe I misinterpreted XRP so far, because I think everything grows naturally and there is no slight manipulation Sad

. Thank you for the information you provided, at least I can make analysis.

makishart

legendary

Activity: 3108

Merit: 1029

Quote from: chenille on January 29, 2019, 01:49:40 PM

The market cap of XRP is possibly manipulated at a large scale, published on different crypto news during the last days. In fact, half of the current market capitalization could be faked in favor of XRP. You can read more on cointelegraph: https://cointelegraph.com/news/report-xrp-market-cap-could-be-overestimated-by-billions

Another reason to stay away from XRP.

Lol there are some words that looks interesting for me when the article stated that these parties are trying find the best way to liquidate all of their remaining ripple that hold by the foundation and various parties.
Totally crap coin with centralized system and manipulated of supply.

jossiel

hero member

Activity: 2842

Merit: 625

DGbet.fun - Crypto Sportsbook

What can you expect to a centralized coin? I'm staying away from such type of coins but there's still a massive support from that because it's the 'bankers' and people want that because there's an honest support from the mainstream.

I'm not really sure on how much the actual team holds but IIRC they can't dumped it accordingly. But at least they have the power to manipulate it and it's also possible that they've sold bunch of it during all time high days.

chenille

full member

Activity: 428

Merit: 172

chenille!

The market cap of XRP is possibly manipulated at a large scale, published on different crypto news during the last days. In fact, half of the current market capitalization could be faked in favor of XRP. You can read more on cointelegraph: https://cointelegraph.com/news/report-xrp-market-cap-could-be-overestimated-by-billions

Another reason to stay away from XRP.

Topic: XRP market cap manipulation? - page 6. (Read 779 times)