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Topic: XRP price leaps nearly 20%, leaves investors confused - page 4. (Read 607 times)

hero member
Activity: 2632
Merit: 833
Maybe this is the reason for a massive pump right now:

https://ambcrypto.com/xrp-was-piloted-with-12-banks-before-xrapid-launch-clarifies-ripple-executive/

Quote
XRP was piloted with 12 banks before xRapid launch, clarifies Ripple executive

Ripple’s Head of Government and Regulatory Relations for APAC and the Middle East, Sagar Sarbhai, recently spoke at a FinTech conference concerning the use of XRP by banks. He also revealed previously unknown information regarding banks and the creation of the xRapid product.

A lot has fomo'ed on this news and maybe the primary reasons, why the price spike in the last 24 hours. I'm not sure though, the whole argument that XRP is centralized and banking sector can someone control makes me to stay away with this coins. So for those who wanted to ride the hype train, just a fair warning, don't get yourself trap after the whole hype died down.
hero member
Activity: 3080
Merit: 603
It's pumped now by 22.34%

That article you gave redirects the whole article to another website for the Read More.

What's with that?

I wouldn't be surprised if XRP would dump after this.
  I feel this incident is no surprise. Because XRP is a very capital intensive business because it is linked by six major banks in different countries. I think XRP still stands at No. 3 this long and get investors more from this pumping phase.
What we can expect from this centralized coin/company?

They can boost their market anytime they want but just to be sure of it and just want to let the people see that they are legitly operating and making it look like decentralized, they wouldn't do that. Investors who would invest during the pumping time is FOMOing.
A short term pump and no more. It will be back again to the bottom. You guys are holding ripple must sell your coin to take the profit.
Just because it was getting a pump and that means if ripple has a lot of advantage. There was bunch of coins that have a better technology than it. DAG cost zero fees and instant transaction.
only another short term FOMO.
During this time its tempting for those holders not to sell because greed is coming after them.

They would think that this pump will continue but selling now is a total profit. We can't help them and can't blame them if they will decide not to sell now. As long as they are aware of our suggestions and we delivered it to them as a tip, it's up to them on how they'll move.
legendary
Activity: 3108
Merit: 1029
It's pumped now by 22.34%

That article you gave redirects the whole article to another website for the Read More.

What's with that?

I wouldn't be surprised if XRP would dump after this.
  I feel this incident is no surprise. Because XRP is a very capital intensive business because it is linked by six major banks in different countries. I think XRP still stands at No. 3 this long and get investors more from this pumping phase.
What we can expect from this centralized coin/company?

They can boost their market anytime they want but just to be sure of it and just want to let the people see that they are legitly operating and making it look like decentralized, they wouldn't do that. Investors who would invest during the pumping time is FOMOing.
A short term pump and no more. It will be back again to the bottom. You guys are holding ripple must sell your coin to take the profit.
Just because it was getting a pump and that means if ripple has a lot of advantage. There was bunch of coins that have a better technology than it. DAG cost zero fees and instant transaction.
only another short term FOMO.
jr. member
Activity: 336
Merit: 1
I think XRP will have a good opportunity, with current developments giving one good thing for the future.
It is unpredictable for this, just think positively for XRP better.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
The only big news I could see recently about Ripple is more cross border banking news on the Ripple network, although this time it also mentioned that it will use XRP, unlike before where nobody needed or was talking about using XRP,,, then again all this news has failed so far to take effect on price.

Looks just like more volume and people wanting to stock up on XRP. Maybe someone or someones are sensing the bull market returning in 2019? You never know with these things.
hero member
Activity: 3080
Merit: 603
It's pumped now by 22.34%

That article you gave redirects the whole article to another website for the Read More.

What's with that?

I wouldn't be surprised if XRP would dump after this.
  I feel this incident is no surprise. Because XRP is a very capital intensive business because it is linked by six major banks in different countries. I think XRP still stands at No. 3 this long and get investors more from this pumping phase.
What we can expect from this centralized coin/company?

They can boost their market anytime they want but just to be sure of it and just want to let the people see that they are legitly operating and making it look like decentralized, they wouldn't do that. Investors who would invest during the pumping time is FOMOing.
member
Activity: 406
Merit: 10
It's pumped now by 22.34%

That article you gave redirects the whole article to another website for the Read More.

What's with that?

I wouldn't be surprised if XRP would dump after this.
  I feel this incident is no surprise. Because XRP is a very capital intensive business because it is linked by six major banks in different countries. I think XRP still stands at No. 3 this long and get investors more from this pumping phase.
hero member
Activity: 3080
Merit: 603
It's pumped now by 22.34%

That article you gave redirects the whole article to another website for the Read More.

What's with that?

I wouldn't be surprised if XRP would dump after this.
member
Activity: 168
Merit: 10
We shouldn't talk about XRP in here...put it in the altcoin room or something.
hey man this is altcoin speculation, i think op have right to write about xrp here, something wrong with that?
there's nothing wrong with us discussing the price of XRP here,
because this is a thread for altcoin, so it's safe, I think so
full member
Activity: 966
Merit: 100
We shouldn't talk about XRP in here...put it in the altcoin room or something.
hey man this is altcoin speculation, i think op have right to write about xrp here, something wrong with that?
member
Activity: 126
Merit: 25
We shouldn't talk about XRP in here...put it in the altcoin room or something.
copper member
Activity: 172
Merit: 7

It’s been a good news week for XRP, and it’s creator Ripple, but a 20% spike in its value – and an accompanying explosion of volume – has left even its dedicated supporters confused as to what’s going on. Just after midday today (GMT+1, 7am EDT) the price of XRP began a sharp spike upward […


Read the full article at:https://www.trackcoinmarket.com/en/crypto-news/28490/xrp-price-leaps-20-leaves-investors-confused
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