XRP
Topic: [XRP] Ripple Speculation - page 515. (Read 637667 times)
yeaaaaaaaaaaaaaaa
XRP
XRP
2 Ripple Ripple $8,347,874,184
3 Ethereum Ethereum $8,341,460,899
3 Ethereum Ethereum $8,341,460,899
I often wonder how could many banks possibly think about buying such volatile coin... But it is important to note that most of them must be now kicking themselves in the ass 
for not buying some already. I also think that with all this talk about banks a few of them have already bought some and are smiling.
Of course Ripple Labs will be making some sweet deals with the banks to sell their XRP from their fat bags so I dont think the banks will be buying much from Poloniex!
By the way Poloniex are such scum bags! They have had this server problem for a long time that suspiciously flares up when a coin is getting heated up! It happened with XRP and yesterday with STR.
On a different subject..
Mr. Mrpumperitis congratulations, you have been correct since day 1!
Thanks for the reply Ray, its good to have proper conversation about a coin rather than just excitement as people should ask these things instead of just buying into potential hypes. for not buying some already. I also think that with all this talk about banks a few of them have already bought some and are smiling. Of course Ripple Labs will be making some sweet deals with the banks to sell their XRP from their fat bags so I dont think the banks will be buying much from Poloniex!
By the way Poloniex are such scum bags! They have had this server problem for a long time that suspiciously flares up when a coin is getting heated up! It happened with XRP and yesterday with STR.
On a different subject..
Mr. Mrpumperitis congratulations, you have been correct since day 1!
I agree but thebags those banks are buying from are 'bought bags', in other words those purchases are not going to increase the makert price as they are already considered owned coins.
What im struggling with and why i think banks arent buying big into XRP is its volatility. If they send a transaction for 1million dollars to another bank, they are sending XRP. Now the receiving bank pays the 1million to its desitnation and keeps its 1mil worth of XRP. The next day XRP drops and now that 1mil of XRP they have inherited is not worth the 1mil they shelled out in money to its destination.
Seems dangerous for them and we know banks arnt dont like losing money, they are also not into buying currency to watch it grow. They make money off interest and fee's. They will want it to be stable, much like money is to a degree.
I think crypto's have risked becoming more of a share than a currency. How many people realistically use bitcoin to make purchases? why would you when it can potentially increase, and imagine trying to keep up with the fluctuation when listing your pricing of something in a crypto lol. The volatility can be bad for coinse for their intended purpose. Will we see the same with XRP where its too volatile for banks to risk losses on the market and instead use the technology but not the coin?
but hey ride the current up while it is happening people, i know i am
I have had the same concern about the volatility:
https://bitcointalksearch.org/topic/m.18410481
I think it is too early! This coin will eventually settle down when it achieves the proper distribution needed to become a banking currency. Ripple Labs will be focusing in opening fiat markets across many borders to provide the needed liquidity. This will take time!
Yes the crypto world is going up but i wouldnt say how the coin is moving is normal. its jumping and dropping 1000 sats consistently over the past few hours, could you imagine it doing that a week or so ago when people were happy to trade within 100 sats lol a lot more are going for even bigger trades now that the price has risen.
These are the guys that then smash it at the end of their trading with big dumps to enjoy the days profits, it doesnt matter what it drops to or raises to for them, they enter each day with the same amount, trade, cash out at the end win win.
The banks want to see stability before they buy the coin itself, why would they buy a coin to then watch it depreciate over night
You have to think, with all this talk about banks picking it up, they could easily buy enough to cover the market share in days...
These are the guys that then smash it at the end of their trading with big dumps to enjoy the days profits, it doesnt matter what it drops to or raises to for them, they enter each day with the same amount, trade, cash out at the end win win.
The banks want to see stability before they buy the coin itself, why would they buy a coin to then watch it depreciate over night
You have to think, with all this talk about banks picking it up, they could easily buy enough to cover the market share in days...I often wonder how could many banks possibly think about buying such volatile coin... But it is important to note that most of them must be now kicking themselves in the ass
for not buying some already. I also think that with all this talk about banks a few of them have already bought some and are smiling. Of course Ripple Labs will be making some sweet deals with the banks to sell their XRP from their fat bags so I dont think the banks will be buying much from Poloniex!
By the way Poloniex are such scum bags! They have had this server problem for a long time that suspiciously flares up when a coin is getting heated up! It happened with XRP and yesterday with STR.
On a different subject..
Mr. Mrpumperitis congratulations, you have been correct since day 1!
I often wonder how could many banks possibly think about buying such volatile coin... But it is important to note that most of them must be now kicking themselves in the ass for not buying some already. I also think that with all this talk about banks a few of them have already bought some and are smiling.
Of course Ripple Labs will be making some sweet deals with the banks to sell their XRP from their fat bags so I dont think the banks will be buying much from Poloniex!
By the way Poloniex are such scum bags! They have had this server problem for a long time that suspiciously flares up when a coin is getting heated up! It happened with XRP and yesterday with STR.
Mr. Mrpumperitis congratulations!
Thanks for the reply Ray, its good to have proper conversation about a coin rather than just excitement as people should ask these things instead of just buying into potential hypes. for not buying some already. I also think that with all this talk about banks a few of them have already bought some and are smiling. Of course Ripple Labs will be making some sweet deals with the banks to sell their XRP from their fat bags so I dont think the banks will be buying much from Poloniex!
By the way Poloniex are such scum bags! They have had this server problem for a long time that suspiciously flares up when a coin is getting heated up! It happened with XRP and yesterday with STR.
Mr. Mrpumperitis congratulations!
I agree but thebags those banks are buying from are 'bought bags', in other words those purchases are not going to increase the makert price as they are already considered owned coins.
What im struggling with and why i think banks arent buying big into XRP is its volatility. If they send a transaction for 1million dollars to another bank, they are sending XRP. Now the receiving bank pays the 1million to its desitnation and keeps its 1mil worth of XRP. The next day XRP drops and now that 1mil of XRP they have inherited is not worth the 1mil they shelled out in money to its destination.
Seems dangerous for them and we know banks arnt dont like losing money, they are also not into buying currency to watch it grow. They make money off interest and fee's. They will want it to be stable, much like money is to a degree.
I think crypto's have risked becoming more of a share than a currency. How many people realistically use bitcoin to make purchases? why would you when it can potentially increase, and imagine trying to keep up with the fluctuation when listing your pricing of something in a crypto lol. The volatility can be bad for coinse for their intended purpose. Will we see the same with XRP where its too volatile for banks to risk losses on the market and instead use the technology but not the coin?
but hey ride the current up while it is happening people, i know i am
I have extra BTC stuck in limbo for more than 24 hrs. Sent some to pick up more XRP and just does not get confirmed.
This is the first time that I am waiting on confirmation for more that 24 hours ever!
This makes me want to dump all the BTC for XRP!
This is the first time that I am waiting on confirmation for more that 24 hours ever!
This makes me want to dump all the BTC for XRP!
Can't believe top five marketcaps have entered in billion figures and Ripple is one of them. This is unbelievable the way Ripple is climbing upwards without letting second chance for people to get on the train. I was already out just under the 10k satoshi and now have some buy orders again at lower level to get filled.
Same story man, sold all under 10K,(mostly around 55) although I got in at 2.5k, but damn have I missed getting rich with it. Now want to buy a lot but can't make myself buy at the current price, lets just hope it takes a big dump before it finally explodes.
Yes the crypto world is going up but i wouldnt say how the coin is moving is normal. its jumping and dropping 1000 sats consistently over the past few hours, could you imagine it doing that a week or so ago when people were happy to trade within 100 sats lol a lot more are going for even bigger trades now that the price has risen.
These are the guys that then smash it at the end of their trading with big dumps to enjoy the days profits, it doesnt matter what it drops to or raises to for them, they enter each day with the same amount, trade, cash out at the end win win.
The banks want to see stability before they buy the coin itself, why would they buy a coin to then watch it depreciate over night You have to think, with all this talk about banks picking it up, they could easily buy enough to cover the market share in days...
These are the guys that then smash it at the end of their trading with big dumps to enjoy the days profits, it doesnt matter what it drops to or raises to for them, they enter each day with the same amount, trade, cash out at the end win win.
The banks want to see stability before they buy the coin itself, why would they buy a coin to then watch it depreciate over night
You have to think, with all this talk about banks picking it up, they could easily buy enough to cover the market share in days...I often wonder how could many banks possibly think about buying such volatile coin... But it is important to note that most of them must be now kicking themselves in the ass
for not buying some already. I also think that with all this talk about banks a few of them have already bought some and are smiling. Of course Ripple Labs will be making some sweet deals with the banks to sell their XRP from their fat bags so I dont think the banks will be buying much from Poloniex!
By the way Poloniex are such scum bags! They have had this server problem for a long time that suspiciously flares up when a coin is getting heated up! It happened with XRP and yesterday with STR.
On a different subject..
Mr. Mrpumperitis congratulations, you have been correct since day 1!
I personally believe that trying to time the market is not really possible. It is certainly true that large rises are frequently followed by significant corrections. The problem is that you can only reliably identify the end of the large rise once you see the correction.
Joel ... hows things Mr Ripple Hope you grabbed a 20cent Bottle...lol....gonna needa a 50cent one very soon too..
2 Ethereum $8,501,918,381
3 Ripple $7,881,476,026
#2 nearly there, but this train doesnt stop until we are #1 crypto XRP
Thank you Team XRP.....
I personally believe that trying to time the market is not really possible. It is certainly true that large rises are frequently followed by significant corrections. The problem is that you can only reliably identify the end of the large rise once you see the correction.
Amen to that!I alos think Crypto is a social media lead investments. Countless threads of different coins all with posts saying how big their coin is and to buy buy buy. These forums can in part control excitement and nervousness and there are people that know that and profit on it. I encourage people to do their own research and own watching of coins rather then be played.
I would like to ask you Joel why you think there is suddenly an explosion on ripple, your read threads and its 'bank this, bank that' however that news is not new, ripple has been trialed by banks going back a couple of years e.g http://www.afr.com/business/banking-and-finance/financial-services/westpac-anz-trial-ripple-payments-but-big-four-reluctant-on-bitcoin-20150605-ghhmsq
These trials and adoptions didnt cause major explosions and if rises were caused by banks buying XRP then there would be buys of millions, they arent exactly going to buy a couple of thousand or even a couple of hundred thousand. It does have a value, how much is speculation but i want to know that my investment is sound because of adoption, not social hyping and people praying on those to make a profit?
I personally believe that trying to time the market is not really possible. It is certainly true that large rises are frequently followed by significant corrections. The problem is that you can only reliably identify the end of the large rise once you see the correction.
Can't believe top five marketcaps have entered in billion figures and Ripple is one of them. This is unbelievable the way Ripple is climbing upwards without letting second chance for people to get on the train. I was already out just under the 10k satoshi and now have some buy orders again at lower level to get filled.
Will we see a dump on Ripple? With its current marketcap and all the news, how low do you guys think it can go even if we see a dump? Will it go back below 5K?
Is it still time to buy?
Is it still time to buy?
It will always be a sound investment but imo i believe there will be a dump at the end of today, you can tell by the candles there are some people having some fun today and they plan on dumping at the end of their trading. in my opinion its better to get in when its stable for a little, anything else and you are at risk of buying then it dumping.
Having said that it will always rise again past the dump over the next few months/years so you wont lose in the long run. If you want more for your money (long term profits) then ride the dump, if your happy to ride it out then it wont bother you when you buy....
Will we see a dump on Ripple? With its current marketcap and all the news, how low do you guys think it can go even if we see a dump? Will it go back below 5K?
Is it still time to buy?
Is it still time to buy?
I was not able to check the markets in a few days and I've seen that the price has doubled over the weekend. Is it still a sound investment, or are we in for a big correction?
Yes the crypto world is going up but i wouldnt say how the coin is moving is normal. its jumping and dropping 1000 sats consistently over the past few hours, could you imagine it doing that a week or so ago when people were happy to trade within 100 sats lol a lot more are going for even bigger trades now that the price has risen.
These are the guys that then smash it at the end of their trading with big dumps to enjoy the days profits, it doesnt matter what it drops to or raises to for them, they enter each day with the same amount, trade, cash out at the end win win.
The banks want to see stability before they buy the coin itself, why would they buy a coin to then watch it depreciate over night You have to think, with all this talk about banks picking it up, they could easily buy enough to cover the market share in days...
These are the guys that then smash it at the end of their trading with big dumps to enjoy the days profits, it doesnt matter what it drops to or raises to for them, they enter each day with the same amount, trade, cash out at the end win win.
The banks want to see stability before they buy the coin itself, why would they buy a coin to then watch it depreciate over night
You have to think, with all this talk about banks picking it up, they could easily buy enough to cover the market share in days...
deja vu:
Programmed sell of ALT prior to a BTC pump. This was done by BTC maximalist trying to teach the ALTs who is king. Been here done that.
Crypto is a dirty space.
Programmed sell of ALT prior to a BTC pump. This was done by BTC maximalist trying to teach the ALTs who is king. Been here done that.
Crypto is a dirty space.
yes and you're going to get rich because of this dirty space. those users in the other markets like forex and stock are already envious enough and had just started to get into crypto wishing they all knew this market before the astonishing bubble.
so close to ETH that it might overtake in a week.
Things are moving according to experts mentioned that cryptocurrency is the future asset where many people involve in this. Nowadays most of forex and commodity trading people are also entering into the crypto world, so this will lead to a great hike in the prices.
deja vu:
Programmed sell of ALT prior to a BTC pump. This was done by BTC maximalist trying to teach the ALTs who is king. Been here done that.
Crypto is a dirty space.
Programmed sell of ALT prior to a BTC pump. This was done by BTC maximalist trying to teach the ALTs who is king. Been here done that.
Crypto is a dirty space.
yes and you're going to get rich because of this dirty space. those users in the other markets like forex and stock are already envious enough and had just started to get into crypto wishing they all knew this market before the astonishing bubble.
so close to ETH that it might overtake in a week.
If bitcoin did drop, XRP often have neutral at worst. Facts are clear, most of the money coming to Ripple is not from bitcoin. Here : https://ripplefox.com/tool/balance lots of fiat that is ... :-)
I guess If someone has to be prepared for crypto mass crash - ripple is the best bet !
How the money gets to ripple is not an issue, cryptos have risen across the board and so has bitcoin. Where it comes from has nothing to do with market twitching when something goes wrong with the 'grand daddy'. This happens in shares also. I have been watching ripple and studying its movements since it was under 1 cent, yes that wasn't long ago I guess If someone has to be prepared for crypto mass crash - ripple is the best bet !
It is even mentioned here how bitcoin rises and ripple shakes down and then comes good, also when bitcoin drops some get scared and ripple drops. This shows me if there is a big spiral down for bitcoin, ripple (and all coins) will follow. Its natural otherwise people will just transfer to another alt and not loose money which isn't how markets work.I decided to play with trading ripple as my first coin to do so, made some silly mistakes at the start whilst learning (no thanks to Mr Pumperitisis pictures on a rise
) And there was big gains and big drops where I wish I held out. I hope recent gains are here to stay but the speed they have moved worries me and I wouldnt be surprised if there is another big drop but hey wont complain there as I will buy buy buy!Just cant forget the whales and day traders make daily money off dumps, this is how they live large so we all have to keep that in mind when buying, not an issue for holders of course but only you can determine if you want to score some profits before that happens on each drop...
how long will this bullish atmospehere go? it isnt getting cold is it
I think the big unknown with all coins is how they will handle if Bitcoin has a crash which a lot predict is coming. Yes we know Ripple isn't reliant on Bitcoin but we cant kid ourselves that the market wont react, much the same way shares can plummet across the board.Its more likely that it will cause panic across the board. I cant see the price of Bitcoin dropping and people being able to transfer it to any other coin to keep the same profit. Yes Ripple rallies after Bitcoin dips but you can see it is affected. A major drop in Bitcoin will cause a major drop in all coins. How much it affects Ripple and for how long is unclear.
Long term holders wont be as affected as much and prices do tend to bounce back. Whales though, will ensure they cash out at the most opportune time. Keen to hear others thoughts because surely we know no coin is exempt from this?
I'm happy XRP has gone up since I invested but wondering how much control the whales actually have over the price, they are in it to make money rather than see coins succeed :s
If bitcoin did drop, XRP often have neutral at worst. Facts are clear, most of the money coming to Ripple is not from bitcoin. Here : https://ripplefox.com/tool/balance lots of fiat that is ... :-)
I guess If someone has to be prepared for crypto mass crash - ripple is the best bet !
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