More like followed by another dump ! It doesn't look good for Ripple. If you don't beleive me look at ripples volume over a month. It looks like a bell curve. Ripples changed direction a few days ago and the volume is not supporting the higher price that's why when the price increases it gets dumped because it doesn't have a floor to support the higher price !
People are just dumping on new buyers (if there any) or buying back there own Dumps.
Topic: [XRP] Ripple Speculation - page 506. (Read 637675 times)
looks like mostly all coins have taken a tumble today. Doesn't seem to be due to BTC who itself shook down a bit which it seems to do every day, usually that's when people jump on the alts.
Some coins have gained, this is when I wish I had Polo or something as Gridcoin has jumped 170% in 24hours. make profits while others go sideways
Some coins have gained, this is when I wish I had Polo or something as Gridcoin has jumped 170% in 24hours. make profits while others go sideways
That right there is the natural progression of the alts (well most of the decent ones anyway). Of course its not going to drop to where it started after a pump. as the whales take it up, others get excited and buy on the way up to. Only the whales dump, not everyone, some get scared and manage to dump before it reaches their buy price and others have t stay in which means the price doesn't completely drop. Pretty simple.
I was more keen to hear differences in my opinion (and it seems others) on the usage of the coin itself from banks that would make me think otherwise.
None of the trains will stop but my guess is you have money in other coins to. If we all believed the hype then all our money would go into it as if its going to shoot that far then why wouldn't you. We play around with those still in the affordable range in the hopes they will. Kind of ironic in the end we want to make lots of money out of cryptos, not lots of cryptos out of cryptos lol but good luck to us all I say
i collect cryptos more than fiat...fiat wont last long...it has to adapt in some form to include blockchain and crypto...i prefer fixed supply currency ( unless the system requires a minimum form of inflation..ETH )I was more keen to hear differences in my opinion (and it seems others) on the usage of the coin itself from banks that would make me think otherwise.
None of the trains will stop but my guess is you have money in other coins to. If we all believed the hype then all our money would go into it as if its going to shoot that far then why wouldn't you. We play around with those still in the affordable range in the hopes they will. Kind of ironic in the end we want to make lots of money out of cryptos, not lots of cryptos out of cryptos lol but good luck to us all I say
Ok as for the banks https://www.youtube.com/watch?v=otERf5Nn9e8
Published on Apr 21, 2017
Japan Bank Consortium and Its Ripple-Powered Payments Platform
Now other banks and fintech giants are joining...banks will use the XRP Ripple network making a 30% saving...but if the hold XRP they save 60%..( check XRP nostro).i dont see banks sharing the amount of XRP they hold with us.
XRP also has anon tech now.
As for the price jumps...big buyers are eating the sell walls...crypto players, big exchanges that will list XRP, Venture groups and many other rich rich people = pumps ( more of these as more join )
price dumps...people that bought early take profit...chart watchers that dont understand the tech..panic selling noobies...ddos exchanges...btc price rise = dumps ( less of these maybe next yr as weak hands are out)
yea one thing we both agree on...Good luck to us all
That right there is the natural progression of the alts (well most of the decent ones anyway). Of course its not going to drop to where it started after a pump. as the whales take it up, others get excited and buy on the way up to. Only the whales dump, not everyone, some get scared and manage to dump before it reaches their buy price and others have t stay in which means the price doesn't completely drop. Pretty simple.
I was more keen to hear differences in my opinion (and it seems others) on the usage of the coin itself from banks that would make me think otherwise.
None of the trains will stop but my guess is you have money in other coins to. If we all believed the hype then all our money would go into it as if its going to shoot that far then why wouldn't you. We play around with those still in the affordable range in the hopes they will. Kind of ironic in the end we want to make lots of money out of cryptos, not lots of cryptos out of cryptos lol but good luck to us all I say
I was more keen to hear differences in my opinion (and it seems others) on the usage of the coin itself from banks that would make me think otherwise.
None of the trains will stop but my guess is you have money in other coins to. If we all believed the hype then all our money would go into it as if its going to shoot that far then why wouldn't you. We play around with those still in the affordable range in the hopes they will. Kind of ironic in the end we want to make lots of money out of cryptos, not lots of cryptos out of cryptos lol but good luck to us all I say
heres what i see .....
Fact - on April 2nd huge pump followed by dump.....from 2k to 7k back down to 2.5k
Fact - May 7 huge pump followed by dump....from 6k to 14k back down to 7.5k
my opinion - now next lets say is in june 5th....take off from 13k to 24k ....it wont drop below previous high of 14k
July some point we take off from 22k to 50k then down to 25k...and on and on...nothing stops this train
also this trend has been happening for around 3months...go check
Fact - on April 2nd huge pump followed by dump.....from 2k to 7k back down to 2.5k
Fact - May 7 huge pump followed by dump....from 6k to 14k back down to 7.5k
my opinion - now next lets say is in june 5th....take off from 13k to 24k ....it wont drop below previous high of 14k
July some point we take off from 22k to 50k then down to 25k...and on and on...nothing stops this train
also this trend has been happening for around 3months...go check
All great stuff lol but still no mention of coin adoption, look I found some from 2014 - http://www.coindesk.com/us-banks-announce-ripple-protocol-integration/ and google shows many more from then around the world.
the fact is it has been integrated/tested/adopted for years but its the TECHNOLOGY not the COIN. It has a flow on affect sure, but the banks are not going to use a volatile XRP for anything more than the transaction fee. Its simple, banks have something to gain from the technology but not the coin. This was a smart move for Ripple to do to allow them to make money off the technology rather than hold it on a crypto coin that we know banks don't want to see happen.
The don't make money off money itself they make money off fees and interest. They will pass the ripple fees onto the customer just like fees now are passed onto the customer. If they could they would keep the fees higher, and may just do that, they are interested in the benefit of the speed, not the currency.
Fee free trading next week in south korea will be the next boost but I'm sure it will be seen as bank adoption or the hosting/sponsoring of a convention.
the fact is it has been integrated/tested/adopted for years but its the TECHNOLOGY not the COIN. It has a flow on affect sure, but the banks are not going to use a volatile XRP for anything more than the transaction fee. Its simple, banks have something to gain from the technology but not the coin. This was a smart move for Ripple to do to allow them to make money off the technology rather than hold it on a crypto coin that we know banks don't want to see happen.
The don't make money off money itself they make money off fees and interest. They will pass the ripple fees onto the customer just like fees now are passed onto the customer. If they could they would keep the fees higher, and may just do that, they are interested in the benefit of the speed, not the currency.
Fee free trading next week in south korea will be the next boost but I'm sure it will be seen as bank adoption or the hosting/sponsoring of a convention.
im sorry i think its just me confused ...what do you regard as adoption? can you give me an example or two?
Do you mean merchants accepting XRP as currency?
have to agree with you there. that's why all alts are up and that's why the saying 'Bitcoin is king' is around. As much as I don't like it as I think a lot of alts have good futures but the crypto world has become the new stock exchange.
Personally, forget about the crypto-currency XRP. The currency-agnostic payment system (path finding algorithm & concensus) of Ripple is still the most brilliant piece of fintech which is why I keep an eye on it. Just Ripple Labs profit from the protocol adoption more than they do the coin...
Personally, forget about the crypto-currency XRP. The currency-agnostic payment system (path finding algorithm & concensus) of Ripple is still the most brilliant piece of fintech which is why I keep an eye on it. Just Ripple Labs profit from the protocol adoption more than they do the coin...
Notice the price. It was at 22 cents a few days ago and now it's at 18 and doesn't get above 22. That means the top was 22. 
If the high is always lower then the previous high then the direction has changed.
If the high is always lower then the previous high then the direction has changed.That's meaningless because Poloniex crashed and that's the only reason why the price isn't way higher than it is right now. Same thing happened in April.
Nothing has changed except Poloniex shadyness
Yeah I don't believe it's because of the exchange crash !
There are just no buyers to support price the only reason for the changes in price are people selling higher and buying lower. Basically people buying and selling form them selves and then a few people being sucked in by people trying to unload on them because they no it topped already.
IT was only because of the exchange. Site crashed. Somehow somebody was able to dump while nobody was able to buy I watched it the entire time all day and night for days while it happened complained on twitter days before it even happened saying "hey XRP is going up, Poloniex better not crash again this time" because wasn't even a few days earlier it did crash the other time XRP went up. Poloniex crashed 3 times this month, the 3 times XRP was top in volume. Go look if you know what times the site crashed. It matches up to each big dump. Only ever happened after a polo crash each of the 3 times.
Until I see a dump when there was no website lag or shaky confidence in the site i'm going to have to disagree with you 100%
Listen it doesn't have to be a dump of 100% the market cap is down ! day after day it has a lower price. At times the price may look like it has increased but it's only because it's paired with Bitcoin and Bitcoin's price has increased. Ripple topped at 22cents and all these Story's people are talking about have been going on for years. Just look back at the passed stories. Most of the time anyone has realized there is a Bear market they have wiped out there gains.
All great stuff lol but still no mention of coin adoption, look I found some from 2014 - http://www.coindesk.com/us-banks-announce-ripple-protocol-integration/ and google shows many more from then around the world.
the fact is it has been integrated/tested/adopted for years but its the TECHNOLOGY not the COIN. It has a flow on affect sure, but the banks are not going to use a volatile XRP for anything more than the transaction fee. Its simple, banks have something to gain from the technology but not the coin. This was a smart move for Ripple to do to allow them to make money off the technology rather than hold it on a crypto coin that we know banks don't want to see happen.
The don't make money off money itself they make money off fees and interest. They will pass the ripple fees onto the customer just like fees now are passed onto the customer. If they could they would keep the fees higher, and may just do that, they are interested in the benefit of the speed, not the currency.
Fee free trading next week in south korea will be the next boost but I'm sure it will be seen as bank adoption or the hosting/sponsoring of a convention.
the fact is it has been integrated/tested/adopted for years but its the TECHNOLOGY not the COIN. It has a flow on affect sure, but the banks are not going to use a volatile XRP for anything more than the transaction fee. Its simple, banks have something to gain from the technology but not the coin. This was a smart move for Ripple to do to allow them to make money off the technology rather than hold it on a crypto coin that we know banks don't want to see happen.
The don't make money off money itself they make money off fees and interest. They will pass the ripple fees onto the customer just like fees now are passed onto the customer. If they could they would keep the fees higher, and may just do that, they are interested in the benefit of the speed, not the currency.
Fee free trading next week in south korea will be the next boost but I'm sure it will be seen as bank adoption or the hosting/sponsoring of a convention.
I'm just happy to see a bit of sideways movement and stability again, was getting crazy there lol Trades where in the 1000's of sats, now back to only a couple of hundred each time.
Just hard to know what it will do each 24hours. Buy and hold, set some lower buys and watch out for those big red walls! scare tactics maybe but looking at the orders I don't think so...
Just hard to know what it will do each 24hours. Buy and hold, set some lower buys and watch out for those big red walls! scare tactics maybe but looking at the orders I don't think so...
Where is it being added to the basket. Like I said I will get excited when I see some news that the banks plan to use the coin for transaction, not just the technology or the coin only for small transaction fees which is the only 'must' in the Ripple scheme.
It has grown since 2014, so has others but the testing before adoption has been going since then so there is no breakthrough news. Japan is going to launch using the Technology, great. If they were going to also use the coin there would be news of that. Ripple would make sure there would be news of that and Japan would be buying now or weeks ago. It has a great team, great backers, one of which is Google (marketing geniuses) but there can be other causes to the growth e.g fee free trading does wonders
When I see that news I will put more than I currently do on XRP that's for sure, my fingers have always been crossed.
It has grown since 2014, so has others but the testing before adoption has been going since then so there is no breakthrough news. Japan is going to launch using the Technology, great. If they were going to also use the coin there would be news of that. Ripple would make sure there would be news of that and Japan would be buying now or weeks ago. It has a great team, great backers, one of which is Google (marketing geniuses) but there can be other causes to the growth e.g fee free trading does wonders
When I see that news I will put more than I currently do on XRP that's for sure, my fingers have always been crossed.
absolutely, all coins will ride the coattails of it and holders will benefit in the long run and pumpers benefit daily. its just dangerous for people to buy in on a pump. Hey I do it and its a smart game to make money from and builds my BTC supply but its sad that this has become the use of crypto's more than anything.
I still would like to see some news on XRP coins being adopted not news on the technology being tested/adopted. I have seen plenty of news on the technology since 2014 and was excited back then. Even Ethereum is being experimented by with Financial institutions.
Don't get me wrong XRP is in my top 5 but just at the moment I see LTC growth high so I have more eggs in it, even more than BTC which is usually my go to for daily profits lol
crypto is a game of speculation and anticipation....those that can see good tech early always benefit later....how much as XRP value grown since 2014?I still would like to see some news on XRP coins being adopted not news on the technology being tested/adopted. I have seen plenty of news on the technology since 2014 and was excited back then. Even Ethereum is being experimented by with Financial institutions.
Don't get me wrong XRP is in my top 5 but just at the moment I see LTC growth high so I have more eggs in it, even more than BTC which is usually my go to for daily profits lol
LTC and other alts will do well as fresh fiat flows down from BTC and sure you can buy ,hodl, sell em when you wish
My view for XRP..it is on the verge of somehing huge, bigger than any segwit or LN , its being added to the fiat basket of world currencies,
for the first time a deflationary currency will be mixed with inflationary currency...this is why BTC and XRP are going up fast...The use case and market size is truly global, even for those that dont use crypto will see a big benefit in their normal and business lifes...thanks to XRP Ripple.
They have to be tested before adoption...testing in Japan has ended and SBI VC have their product ready to launch this summer! testing by BOE ends in aug 2017....so not long before you see the adoption phase kick in at a grand scale to.
remeber ezforex..mufg..sbi..are just a few giants involved with XRP Ripple.
absolutely, all coins will ride the coattails of it and holders will benefit in the long run and pumpers benefit daily. its just dangerous for people to buy in on a pump. Hey I do it and its a smart game to make money from and builds my BTC supply but its sad that this has become the use of crypto's more than anything.
I still would like to see some news on XRP coins being adopted not news on the technology being tested/adopted. I have seen plenty of news on the technology since 2014 and was excited back then. Even Ethereum is being experimented by with Financial institutions.
Don't get me wrong XRP is in my top 5 but just at the moment I see LTC growth high so I have more eggs in it, even more than BTC which is usually my go to for daily profits lol
I still would like to see some news on XRP coins being adopted not news on the technology being tested/adopted. I have seen plenty of news on the technology since 2014 and was excited back then. Even Ethereum is being experimented by with Financial institutions.
Don't get me wrong XRP is in my top 5 but just at the moment I see LTC growth high so I have more eggs in it, even more than BTC which is usually my go to for daily profits lol
may i ask ....why did you feel the need to create a noobie account to post here? just curious m8
Actually created it for the litecoin thread but was cruising the 'newests' posts to see the chatter and ripple was one of them and I agreed with what another user said. If I was all positive and 'buy buy buy' you wouldn't be asking. I actually never said ripple wouldn't grow but people never step back and look at it holistically to see what everything is doing and the trends. All alts are growing, the reason why can be debated. Those pump and dumps aren't polo crashes as it shoots right back up to where the orders were left, it doesn't automatically cancel everyones orders to drop the price. It is whales finished with the pump, dumping it to take their winnings, ride the BTC up and then jump back onto the alts. it is just easier with the alts still in the cent range as its less risk.
Some times people need to hear something other then 'to the moon' which I have just noticed is in every alt thread. When someone says anything different they are troll.
[/quote]
kl..
btw all is positive lol...of course whales are pumpin and cashing out btc, fiat and losing XRP...gd luck to them....it still wont stop XRP going over $1..it prob help lol
i saw this with BTC, ETH ,XRP ...all have huge backing and took years to get it. I call it real adoption of an undervalued asset.
i have saw whale pumps like aurora coin..mazacoin..paycoin and many others, i call these whale pumps and they cant sustain as the price rises ......i can tell the difference
gd luck m8, your comments + or - are welcome anytime....
may i ask ....why did you feel the need to create a noobie account to post here? just curious m8
[/quote]
Actually created it for the litecoin thread but was cruising the 'newests' posts to see the chatter and ripple was one of them and I agreed with what another user said. If I was all positive and 'buy buy buy' you wouldn't be asking. I actually never said ripple wouldn't grow but people never step back and look at it holistically to see what everything is doing and the trends. All alts are growing, the reason why can be debated. Those pump and dumps aren't polo crashes as it shoots right back up to where the orders were left, it doesn't automatically cancel everyones orders to drop the price. It is whales finished with the pump, dumping it to take their winnings, ride the BTC up and then jump back onto the alts. it is just easier with the alts still in the cent range as its less risk.
Some times people need to hear something other then 'to the moon' which I have just noticed is in every alt thread. When someone says anything different they are troll.
Just watched this...brilliant video...watch n share
https://www.youtube.com/watch?v=VIGIjcNMPR4
DCG and Ripple present The Future of Payments
Digital Currency Group
Published on Sep 16, 2016
On Wednesday, Sept. 7, Digital Currency Group hosted a webinar with Ripple to discuss the Future of Payments. We discussed Ripple, the Interledger Protocol (ILP), and XRP.
https://www.youtube.com/watch?v=VIGIjcNMPR4
DCG and Ripple present The Future of Payments
Digital Currency Group
Published on Sep 16, 2016
On Wednesday, Sept. 7, Digital Currency Group hosted a webinar with Ripple to discuss the Future of Payments. We discussed Ripple, the Interledger Protocol (ILP), and XRP.
first time i see in xrp, i thought the price is only increase until 3xxx satoshi but i am missed and the price is increase until reach 7xxx satoshi and make correction price. while bitcoin price is up, xrp price is still going up slowly and xrp reach 12xxx satoshi and i think many of us that don't predict in the price. for now, i think xrp still going to go up and maybe it will reach more higher than before.
lol all alts are slowly going up, its natural progression. Take a look at coingeko. You need to look for real world usage and reasons for increase otherwise its just a pump/dump game and natural progression. E.g Litecoins Segwit is now active, its going up for real reasons, not a pump or news that's been around for years or in the case of other alts, no news at all.
So yes XRP is going up and pump and dumps don't mean coins are suddenly going to drop back to 0, but doesn't mean growth due to usage, merely trading.
may i ask ....why did you feel the need to create a noobie account to post here? just curious m8
first time i see in xrp, i thought the price is only increase until 3xxx satoshi but i am missed and the price is increase until reach 7xxx satoshi and make correction price. while bitcoin price is up, xrp price is still going up slowly and xrp reach 12xxx satoshi and i think many of us that don't predict in the price. for now, i think xrp still going to go up and maybe it will reach more higher than before.
lol all alts are slowly going up, its natural progression. Take a look at coingeko. You need to look for real world usage and reasons for increase otherwise its just a pump/dump game and natural progression. E.g Litecoins Segwit is now active, its going up for real reasons, not a pump or news that's been around for years or in the case of other alts, no news at all.
So yes XRP is going up and pump and dumps don't mean coins are suddenly going to drop back to 0, but doesn't mean growth due to usage, merely trading.
I can feel the positivity return to the market bit by bit! This evening was the point where the higher and higher lows and lower and lower highs met each other. And price was completely stagnant for minutes / hours. What would happen? Until it is now slightly starting to show what is happening: it is rising slightly... slowly... bit by bit. It's early to tell, but my first impression is that lows are now exceeding highs of earlier this evening. People will see this, realize this pump season is not over. Merely took a break!
We can probably partially thank the LTC pump of the past day, proving to all the crash fear mongerers that pumps can still be done at this so called "end of the pump", "top", "eve before the crash", "bear market" (copyright by Stell) or whatever fancy term they keep throwing at it to buy lower.
We can probably partially thank the LTC pump of the past day, proving to all the crash fear mongerers that pumps can still be done at this so called "end of the pump", "top", "eve before the crash", "bear market" (copyright by Stell) or whatever fancy term they keep throwing at it to buy lower.
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