fakhan

Massive Pump Action: Is Ripple Staging a Coup? Analysis

BITSTAMP:XRPUSD   Ripple / Đô la Mỹ
Ripple was one of the first cryptocurrencies that I invested 50% of my savings in. Why? I believed in the technology, I liked their team and I appreciated their practical approach. I had to wait a long time to make a 'serious' return on my investment while I watched other coins shoot up to the moon. Sure enough, Ripple caught up to the rally finally and it was a wonderful day. When Ripple reached $0.80, I cashed out most of my profits anticipating a drop which seemed to be obvious as most cryptos fall due to profit taking after a big rise and Ripple has been particularly sensitive in this matter in the past. The profit taking with XRP had always been rapid and the most brutal sometimes erasing all gains. Even worse was the situation with Ripple Swell. The price kept dropping all the way during the 3 days event which was unbelievable! Speaking of unbelievable, what we have in front of us now is equally surprising. Massive pumps day after day without any retracement. It didn't 'correct' with the rest of the market and has been on a strange pumping spree. Now if this had been natural, I would be jumping all over XRP and be all excited that my favorite cryptocurrency is killing it but unfortunately it's everything but natural. Adding to my suspicions, when Litecoin hit 3rd place in marketcap for a day, we saw a massive pumping attempt to replace Litecoin and sure enough Ripple made it to the top 3. It is also important to note that during those days, the issue of listing new coins on Coinbase became more heated. Ripple's CEO             shared a petition on his Twitter account for users to sign to list XRP on Coinbase. Soon afterwards, a deliberate attempt was made to hit that $1 price so Ripple would get press attention and it perfectly well did. It was on Forbes, BI and other prominent websites and suddenly people started to look up Ripple and XRP on Google             and finding ways to invest in it. Soon afterwards, there was a market correction which dragged everything down but XRP mysteriously stood its ground. We all know this hasn't been the case in past. XRP has danced to BTC's tune and when for instance BTC             would go down 3%, XRP would take a 6% fall. This has been the norm but mysteriously enough the price was kept constant during the market correction. Now, we all know the correction is not over yet and BTC             is going to drag the whole market down with it in a matter of days following the Head and Shoulders Pattern. So, XRP is suddenly up 20% overnight. Funny enough, if you look at marketcap, Ethereum             is at $71 Billion and XRP is at $67 Billion. That's a difference of just 4 Billion Dollars! It doesn't even need a push. If the price is kept constant and when Ethereum             falls with BTC             , Ripple will immediately be at 2nd place in market cap after Bitcoin             . Now, there's all this talk of BTC             losing its market dominance. It's not as popular as it used to be. People think it's slow and expensive. If you put the puzzle together, this might just be Ripple's chance to become the top contender for the throne, who knows it may even end up gutting Bitcoin             and attempt a successful coup. The people behind XRP have been playing these games for years and they don't take any prisoners. I'm just putting 2 and 2 together and trying to explain things from my perspective based on my observations following the whole scenario. Let me know what you think. Thanks :)
Bình luận: There you go. Ripple is now 2nd on Coinmarketcap. See for yourself. Mission Accomplished.
Bình luận: There's a difference between investing in XRP and investing in Ripple. Some people think the price of XRP can be $20, $30. I don't think that's likely. On the other hand, Ripple could become a trillion dollars company but not overnight. It will have to work for it like Amazon, Alibaba or Apple.
Hi, i need some advice. i am now trading XRP/BTC on binance. If btc corrects what should i do? should i change it to USDT or Should i Hodl? or is there ny other options.
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I think we are missing one thing, Ripple is more practical than any other crypto. #Ripple's rail system will be the tech that moves all crypto's and world currencies around the world. Someday you will be able to buy a Hot Dog in America with Bitcoin or Yen and have it exchanged into XRP and then into USD. That's the master plan #XRP

There is no market where you don't have manipulation, imagine how bitcoin reach to 20k and drop to 10k within 24 hours. But with Ripple surge, I am keenly watching volume, much of volume coming from other cryptos, like 8hour ago I was checking 8 hours ago Bitcoin volume was $254,679,306,128 that is now $214,389,366,068
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Oh god! The bubble story you typed is so good!
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fakhan Wave-Expert
@Wave-Expert, This ain't a bubble story, pal. It's just an observation on mass manipulation. None of this is going to change what I think of Ripple (the company). If anything, it has made me think that they are even smarter than I thought. However, this has changed my outlook on investing in XRP.
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moontear fakhan
I don't know how the hell this is still ongoing at this rate... crazy manipulation.
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fakhan moontear
@moontear, Careful now, you're going to hurt some fanboy feelings. xD
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fakhan fakhan
@fakhan, If it BTC starts to go down, you can expect XRP to try and reach for the first place.
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Just HODL until 100$ investment become 1 million$.
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Whatever it is..either you have missed the bus or not happy to see this rally. While putting 2+2 together..you didn't consider ripples acceptance in banking segment ...infact few banks and corporation started using ripple in day to day transaction.
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@MPc5, Haha. You'd say that wouldn't you. Value investors like to see real growth. What happened during these pas few days that has accounted for this spike? Can anyone explain, substantiated by facts?
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