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/biz/ - Business & Finance

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1973465 No.1973465 [Reply] [Original]

What has caused the recent drop with Ripple?

>> No.1973471

Robert Mugabe's strategy

100 billion coins

>> No.1973529

who cares, i bought myself in when it came available on Kraken (.0056 USD)
sold em all when it was .07
i'm gonna come back tho

>> No.1973544

because people look at the tottal coin supply

>> No.1973548

ripple is not a long term play. it can't be because ripple can just dump more xrp onto the market if they need prices to be lower, they own the supply.

>> No.1973577 [DELETED] 

>>1973465
The price is being manipulated so whales can buy it up. Watch on bittrex right now and you'll see a 5btc and 3btc sell order moving up and down to scare people into panic selling but never sell. They are forcing it down the price and buying it cheap then will pull the walls away and let it rise.

>> No.1973584

The price is being manipulated so whales can buy it up. Watch on bittrex right now and you'll see a 5btc and 3btc sell order moving up and down to scare people into panic selling but never sell. They are forcing down the price and buying it cheap then will pull the walls away and let it rise.

>> No.1973852

>>1973584
Yeah, they are attempting to crash the prices, then drive them back up again, making lots of $$ in the process.

>> No.1973899

>>1973584
Thinking you are right on this one. I only have about 5,000 xrp but plan on slowing stacking more. Seems like it will be one of the few alts that will be around in 5 years. I know why people hate it and their reasoning is probably why it will make it long term.

>> No.1973921

>>1973465
I just made a nice chunk of money going all in at .029USDT so I don't see a problem. It's only going to go up from here and give me even more money.

>> No.1973942

>>1973584
This. They just playing on the minds of the weak and fearful. Go look at the order book. Massive price manipulation with no actual selling by the whales. They just want others to panic so they could buy more before May (when that big indian bank starts using ripple for actual transactions)

>> No.1974008

>>1973942
>They just want others to panic so they could buy more before May (when that big indian bank starts using ripple for actual transactions)
Any links to this?

>> No.1974408

>>1974008
Already starting to partner with bank of UK. Check twitter.

>> No.1974475

>>1974408
India adoption in May = UK tests?

>> No.1974478

>>1973548
what benefit does that serve to not gradually increase the price and THEN stabilize it? I say give it a year.

>> No.1974481

>>1974475
No, but UK tests is a good sign. And I wouldn't doubt the India bit. Pajeets eat this shit up.

>> No.1974514

>>1974481
What's there to "eat up"
I'd say it's a great way for banks to save time money. I'd actually like to see this happen. Call me a shill, but imagine how fast you could fund your trading accounts

>> No.1974692

>>1974481
Any new rompers about the possible xrp lock in?

>> No.1974701

Well damn

http://ftreporter.com/japans-biggest-bank-plans-blockchain-money-transfers-by-2018/

>> No.1974976
File: 154 KB, 2487x1249, XRP didn't trendline so good.png [View same] [iqdb] [saucenao] [google]
1974976

>>1973465
It broke the trendline. This is why you use TA, kids.

>> No.1975887

AND WERE BACK!

>> No.1975903

>>1974976
TA is literally "Hindsight" analysis. Blow me.

>> No.1975991

>>1973465
>recent price drop

do you not realize that 2700 sats was ridiculously high for this surplus shitcoin?

it was far lower than this... for years.

>> No.1976089
File: 81 KB, 242x242, 1491913476731.png [View same] [iqdb] [saucenao] [google]
1976089

>>1975991
Projects develop... unlike your brain, and the market determines the price... not your asshole.

>> No.1976098

>>1974976
>autism triangle said this would happen

kek okay dude

>> No.1976535

>>1975991
lmao you have no idea.
xrp has an exponential potential.
keep looking for your pump and dump shitcoins.

>> No.1976898

xrp going hot right now

>> No.1976918

>>1976898
It's going to get hotter. XRP is long-run banking material. As previously stated, they currently already have banking deals in motion with major national banks across the world. 2018 will be a good year. I am stocking up now and keeping some xrp as a reserve long-term investment.

>> No.1976950

>>1976898
It's being pumped and dumped right now like a $3 whore.

>> No.1977003

>>1974976
Ok explain this meme to me. What do those lines even mean? What are they supposed to predict?

>> No.1977061

>>1977003
Absolutely nothing. You achieve the same result by changing the candlestick time frame on a chart.