I think there is a big misunderstanding, XRP still keeps in between 0.30-0.35 (on CMC) in fiat (0.28-0.32 on GateHub), bounces of 0.28 (0.26 on GateHub) in bad days and this all happens during massive growth of BTC, ETH/ETC and all related tokens. So, if you play on satoshi, than sorry, if you play on fiat than you still in very good shape. We see this for 7 days already.
So what next?
BTC: Despite its growth, correction is irreversible, that comes with thing that SegWit is buy rumours, rather than real news. For two simple things, they agreed on that SegWit is needed and etc. but they ignored and excluded devs from such decision, so expect Game of Thrones soon. Two, even those who agreed, looks like have misunderstanding on concept. Three, I do not think this agreement is as formal as it was with LTC
ETH/ETC: They both grow, but there is needed one, so who will get the Throne? But possibly there is place for organic growth, for both.
XRP has events for whole June and also new announcements may come, I think biggest one is SBI VC that can boost price very quickly and we see same situation as we see today with BTC and ETH, where XRP will be instead of XRP.
Without news and with support, XRP will decrease in satoshi as long as BTC grows + whales shake weak hands.
You always can take a risk and ride waves, but you never know the end of wave.
Peace weak hands.
+1 great post Mr V
Im wondering...what could be the possible effect on every alt coin when SBIVC opens soon?
As we know they are only adding 2 cryptos to the other 20 fiat based currencies....BTC and XRP
i think maybe once eth is near completion, goes through Metropolis, Serenity & Casper, then it could be added,
afaik both BTC and XRP are older than almost every coin out there and have had the most development time...this makes them a bit more complete than other crypto
So BTC & XRP are added, the big players are basicially saying....here are the two cryptos that we have .... that are now official currencies
as for anyone waiting for under 10k XRP ( good luck ), maybe you shouldnt have shorted at the bottom and now your in a panic trying to make profit from other alts and hoping to catch cheap XRP, that time has passed imo
as XRP gets cheaper the demand increases as many are averaging down their higher buy price, others are tryin to catch knives, new users are buying at current price and many are just sitting on the side lines waiting
to pounce on cheap xrp
as long as the technicals and fundamentals are strong...the demand will always be there...and it will keep growing