Topic: [XRP] Ripple Speculation - page 176. (Read 637566 times)

Are you asleep? There is no correction down to 0.20
People always wanted a correction down to 0.005$but guess what? It didnt happe .n
Whales wont let the price go down like that stop dreaming. Buy now

Correction back to 0.2 USD could be very interesting market move.
But it wont happen if recent news will find a confirmation in the meaning of successful implementation of technology. All of the recent announcements/rumors (MoneyGram, SBI, Santander, American Express etc) had no crucial impact on the XRP price.

But I would bet that "correction" to 0.2 will make people buy XRP like a hot cakes.

I don't think that people should be concerned about XRP price.

Historically, XRP has a more extreme price variation than other coins, partly because of the South Korea effect and the kimchi premium.
There can be good news after good news, loads and loads of it, breaking stories of pilot programmes and new partners every week - and the price remains unmoved.
And then suddenly it will rise almost vertically, going x5 or x10 in a matter of days.

What happens with every coin that rises rapidly is that it always always overshoots, and pulls back to a lower price point before stabilising. This effect is more extreme with XRP because it rises so quickly. It means that XRP then falls rapidly, and generally overshoots again to a price point that is lower than it should be. People are then reluctant to buy more XRP even with good news, because they've seen how volatile it can be, and how quickly it can drop.

Basically it boils down to do you believe in the long-term value of XRP? If yes, then nothing to worry about. If you're playing the markets, then the trick is to learn when XRP has peaked. Generally it is better I think to sell just after the peak, once you can clearly identify it (although the conventional wisdom is to sell when green).

Santander bank will launch a payment app (Ripple partnership), today announced:

State bank of India???  I'm confused.  Are they adopting XRP?

Agree

SBI is about to launch, its going to be huge than you ever would imagine 

Economic Mysteries of the Zerp

blog Location:  https://xrphodor.wordpress.com/2018/01/31/economic-mysteries-of-the-zerp/

Some economic concepts can be surprisingly counter-intuitive.  Have you heard about Jevon's paradox and the velocity of money?  Perhaps, but I will point out how these apply to a
real-time payments system, and connect the dots for you. 

In addition, I've conducted a SWOT analysis of Ripple's fit for four different industries. 

Read for yourself and tell me if I'm missing something! 

Hope you enjoy the read - please leave any feedback below. 

- Hodor


On Twitter:  https://twitter.com/Hodor7777/status/958693822074118144

More good news 

Adding to the momentum behind XRP’s growing global liquidity, SBI Holdings announced that its newly released digital asset exchange — SBI Virtual Currencies — will use XRP as the only digital asset supported at launch.

SBI Holdings is the leading financial service company in Japan. Their subsidiary, SBI Securities, is Japan’s largest online securities company with more than 4 million brokerage accounts. SBI Virtual Currencies launched in beta on January 30. The exchange is designed to provide a respected and reliable exchange for both its institutional customers and individual digital asset buyers in Japan.

XRP’s strong institutional use case and scalability (1,500 transactions per second) coupled with the growing demand for XRP in Japan, made the digital asset a natural fit for the launch.

Me so unhappy with the current price of Ripple after so many good news and announcement it is still flatlined or keeps dropping.

Let me tell you my journey in the cryptoworld. I hope this is not too off-topic.

This is what I remember atleast. I bought first 0.5 btc@8900 euro. 1 worth of ether at 390 euro and one litecoin @80euro. Later I bought 4 more litecoins @ 220euro. Later I sold my litecoins and bought about 1500 [email protected] euro. Then I invested more when ripple was @ 1.8 euro and after that I had 3290 ripple. Invested also in 1580 stellar @0.45euro.

I sold 0.3 ether and bought about 20 IOTA when it was at over 5 USD. Ethereum was at 380 euro then. Really bad affair.

In january people here told everyone to sell and many panicked. That the support wall had broken and this was the end. They scared me. So I sold my bitcoin, ether and stellar. I thought only Ripple could survive so I invested all my money on XRP. Now I had 7290 ripple. Most of them bought at 1.6-1.8 euros.

Then I tried some daytrading. Sell high, buy low. The only thing I have left now is 5089 Ripple. I am over 3000 euro on the minus side. I feel so dumb to trust all these FUDsters that I became one myself. Will I ever be like 5000 euro plus again soon with 5089 ripple?

Go ahead and laugh. My life is a joke anyway. I received 10.000 euro from a friend that died. And everything is now only 5089ripple. I will not sell before I get the money back. Hodling is really the way to go.