Topic: Xrp Price low what Reasons? - page 3. (Read 847 times)
in my opinion this is such a game against holders for them to drop coins they bought expensively. and in a while we will see good news and start buying it again
One of the main reason its price stay for now is because the dominance of Bitcoin
Everyone is selling their alts to Bitcoin because Bitcoin is really showing a huge dominant in the market
Everyone are getting a piece of Bitcoin or even just 1/10 of it just to not miss out the price fluctuation where it has potential to gain by multiple folds
Almost if not all are suffering due to this situation. Bitcoin dominance makes investors follow and divert their assets to bitcoin. And since XRP is not showing any good sign of moving up, holders are now moving to what they think can accumulate profits. Things will change when the entire alts market start to bounce back and show a good run. But as of now, it needed for investors to choose between short and medium term investment.
First of all, it has huge supply which we couldn't deny the fact
It has close to 100B coins which is why eventhough the coin is price at $0.26 per coin
But it is ranked at #3
One of the main reason its price stay for now is because the dominance of Bitcoin
Everyone is selling their alts to Bitcoin because Bitcoin is really showing a huge dominant in the market
Everyone are getting a piece of Bitcoin or even just 1/10 of it just to not miss out the price fluctuation where it has potential to gain by multiple folds
The next reason is because XRP is kinda a coin where it depends alot on Join Venture/Collaboration
Its tech is not that fancy compare to coins like Ethereum which has tons of mechanism
XRP is kinda straight to the point where it is mainly for the purpose of remittance
It has close to 100B coins which is why eventhough the coin is price at $0.26 per coin
But it is ranked at #3
One of the main reason its price stay for now is because the dominance of Bitcoin
Everyone is selling their alts to Bitcoin because Bitcoin is really showing a huge dominant in the market
Everyone are getting a piece of Bitcoin or even just 1/10 of it just to not miss out the price fluctuation where it has potential to gain by multiple folds
The next reason is because XRP is kinda a coin where it depends alot on Join Venture/Collaboration
Its tech is not that fancy compare to coins like Ethereum which has tons of mechanism
XRP is kinda straight to the point where it is mainly for the purpose of remittance
LMAO
Imagine taking anything what that butthead says seriously hahaha
He makes good point, can you refute them?Imagine taking anything what that butthead says seriously hahaha
Hahahaha why is it always the same guys telling others the same old lies about ripple LOOOOL
https://youtu.be/nNNltk27NAg
I hate this hammscuck but at least he took time to put a second butthole into chico pico
cAn u reFuTe tHem , you must be feeling EXTRA SMART right friend? Hahaha
What is the Reasons that xrp Price is low?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
I have been looking forward to XRP's burn coins these past few days as its value has continuously decreased. But the worse thing is that the XRP business has unlocked a lot of coins over the past time, probably up to several billion coins and that has made the price of XRP plummet in recent days. If this situation continues, XRP will soon drop to $ 0.1 I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
LMAO
Imagine taking anything what that butthead says seriously hahaha
He makes good point, can you refute them? Imagine taking anything what that butthead says seriously hahaha
LMAO
Imagine taking anything what that butthead says seriously hahaha
Imagine taking anything what that butthead says seriously hahaha
What is the Reasons that xrp Price is low?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
There is this video from Chico Crypto that give reason why XRP price won't explode though the title is somehow trolls about the XRP price. Ripple XRP Set To Explode💥 HUGE Price Swing Ahead! $XRP 589 Soon??
The video breakdown :
None of the products offered by Ripple use XRP. Ripple has 200+ partners and they all use Ripple's money transfer system but they don't use XRP. This is why no matter how many partners Ripple has, the price of XRP hardly ever goes up. Banks will not touch an unregulated cryptocurrency. When there is regulation, then you will begin to see a change in prices. Here's a link to a twitter video that explains it differently https://twitter.com/RippleXrpie/status/1163381276184862721
It is a sad thing that Ripple don't use XRP even though they got lots of fund from XRP community.
Compare with other crypto assets not only XRP got a low price, but all of them also got the same situation about the price. You can check-it & compare the alt season at 2017 with this yeas, its was really diferent from 2 years ago. This alt season will not be the same as 2 years ago, Alt start to die about the price. Every time bitcoin on Sideways, Bullish & Short Correction alt keep decreasing for the price.
Agree with your perspective, a clear reason that the general trend of the market is being strongly influenced by the strength of bitcoin, altcoin virtually lost value when investors choose bitcoin only as a perfect investment, ripple cannot escape this situation. In addition, another reason is that many investors hold too much XRP, low value of ripple is an advantage for holding, no one who wants to sell will not have enough resources to help the price go up, and if all the investors continue to persevere like this, sooner or later, xrp will gradually fall, people will hold hands and die togetherThe supply is probably the only reason why XRP is on the decline this year and billions of XRP are being unlocked daily making it impossible for the coin to have a steady rise in price recently. I think that if you choose to invest in XRP, your chance of making a profit is almost zero because the fact that this coin is no longer a favorite choice for everyone. I personally don't like coins that have a large supply because it will greatly affect investment
a clear reason that the general trend of the market is being strongly influenced by the strength of bitcoin, altcoin virtually lost value when investors choose bitcoin only as a perfect investment,
if there is only one investor that loves bitcoin yes he will only choose bitcoin among others or between xrp but there is no single investor on the crypto space . look at the market of cryptos , we can see that other coins have big markets . thats only an evidence that investor have a passion on other coins and not only on bitcoins . same goes to xrp , xrp is quite popular so for sure theres a huge demand for xrp but still its not imune to market dumps . dumps can cause by normal acts such as if an xrp holder sells thier xrp Compare with other crypto assets not only XRP got a low price, but all of them also got the same situation about the price. You can check-it & compare the alt season at 2017 with this yeas, its was really diferent from 2 years ago. This alt season will not be the same as 2 years ago, Alt start to die about the price. Every time bitcoin on Sideways, Bullish & Short Correction alt keep decreasing for the price.
Agree with your perspective, a clear reason that the general trend of the market is being strongly influenced by the strength of bitcoin, altcoin virtually lost value when investors choose bitcoin only as a perfect investment, ripple cannot escape this situation. In addition, another reason is that many investors hold too much XRP, low value of ripple is an advantage for holding, no one who wants to sell will not have enough resources to help the price go up, and if all the investors continue to persevere like this, sooner or later, xrp will gradually fall, people will hold hands and die together 
What is the Reasons that xrp Price is low?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
not only does xrp experience it, but almost many altcoins also experience the same thing. so it's a natural thing for xrp to experience this. but if as you say, that would be a pretty good thing to do if it burned to limit the number of coins. all can be done if you want to improve. I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
What is the Reasons that xrp Price is low?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
I think xrp have high inflation there is too many coins just...
Anyone knows are they planning to burn liminate the quantity of coins maybe?
the only thing that centralized shitcoins such as XRP are consistent about is their dump.
their network may stop, nobody may make any new transactions, the development can stop, news, hype, pumps and all that can stop and never be consistent but the dumps will always come as long as the coin remains on exchanges.
that is what you have with XRP. it will continue to dump as it is useless and the company can not keep pumping it forever and they have to pull out as they do the price dies.
which means it is not low, it is there for newbies to buy so that day traders can dump on their head as they make profit from the downtrend.
their network may stop, nobody may make any new transactions, the development can stop, news, hype, pumps and all that can stop and never be consistent but the dumps will always come as long as the coin remains on exchanges.
that is what you have with XRP. it will continue to dump as it is useless and the company can not keep pumping it forever and they have to pull out as they do the price dies.
which means it is not low, it is there for newbies to buy so that day traders can dump on their head as they make profit from the downtrend.
XRP price low? how did you come to that flawed result?
Also mostly people like to own something not lease it. A lease is not a investment.
Also mostly people like to own something not lease it. A lease is not a investment.
LMAO at that user next comment posting his ANTI RIPPLE SPAM in every thread
He got paid in BTC to do that so just ignore him
He got paid in BTC to do that so just ignore him
I think that makes the price of XRP go down like this because maybe from the influence of falling bitcoin prices and also maybe from the influence of people who use the XRP platform is not too interested in XRP.
xrp is slowly dying bro due to some big investors that gradually declined it, wherein because also of being have many issues and especially the potentials within is getting worse. Indeed there's a lot of good coin emerge after XRP, which is probably investors preferred to switch just to accumulate few dollars rather than staying on it because it's very stagnant and there's no future on it.
If XRP is slowly dying, I wonder how they can defend their position in the top 10 coin list on the CMC? I think people will still invest in XRP no matter other people say. Not just XRP which getting down, but the other coin also get the same thing as XRP, and that is because the market still on the bear markets. Maybe XRP needs time to rise again, and the other coins will need too. We will see it later, and if XRP still has a chance to grow, it will increase at the right time.
xrp is slowly dying bro due to some big investors that gradually declined it, wherein because also of being have many issues and especially the potentials within is getting worse. Indeed there's a lot of good coin emerge after XRP, which is probably investors preferred to switch just to accumulate few dollars rather than staying on it because it's very stagnant and there's no future on it.
Compare with other crypto assets not only XRP got a low price, but all of them also got the same situation about the price. You can check-it & compare the alt season at 2017 with this yeas, its was really diferent from 2 years ago. This alt season will not be the same as 2 years ago, Alt start to die about the price. Every time bitcoin on Sideways, Bullish & Short Correction alt keep decreasing for the price.
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