The Ripple (XRP) thread

JohnStarr said:
...so, recommendations to invest in an alternative? I have like 160 (bought and sold along the way) and while it doesn't mean much I'd like to sell and invest in something else.
Will XRP become null and void eventually?
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Keep em. If it goes boom: and i say a huge IF ( others will simply say WHEN!) , and it climbs to $250, you'll be smiling.

The other majors are in my honest inexperienced view, too pricey now for small time gamers like me, to climb into: Ripple currently represents the poor man's coin as succinctly as it can.

160btc : would've been you somewhere in the Maldives. The prayer is that Ripple bounces off its backside and sometime, gets moving. 26c American is a futilely stupid low amount.

Banks have stock piled large quantities( I'm working on finding the numbers) and that is a good sign.

Whatever they do; whatever happens to their coin, will influence yours.
I'm with Narrow on this one: if not Btc or Eth: I'm out on other Alts.
 
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Cool, will do so. Not sure if it's worth investing in other crypto. Bought R300 (yes, all I spend per month!) on BTC but I could've invested in something else that was expected to grow.
If only Elon had continued punting Dogecoin =)
 
JohnStarr said:
Cool, will do so. Not sure if it's worth investing in other crypto. Bought R300 (yes, all I spend per month!) on BTC but I could've invested in something else that was expected to grow.
If only Elon had continued punting Dogecoin =)
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Well John, your Dogecoin exploded earlier, and Xrp is still ticking off the back of a reply from Ripple to the Sec. Still not sorted yet but has had a good squeeze today.

At my old buy rate, it would be adding a grand every half hour to the pot, which isn't bad at all.
Monday should be interesting.Screenshot_2021-01-30-15-43-49-810_co.bitx.android.wallet.jpgScreenshot_2021-01-30-17-20-01-641_co.bitx.android.wallet.jpg
 
Def-e-nition said:
Well John, your Dogecoin exploded earlier, and Xrp is still ticking off the back of a reply from Ripple to the Sec. Still not sorted yet but has had a good squeeze today.

At my old buy rate, it would be adding a grand every half hour to the pot, which isn't bad at all.
Monday should be interesting.View attachment 1003508View attachment 1003510
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Today's Ripple rise was solely due to yet another large group trying to manipulate the price. It already came down a lot. Not sure that there will be any big movements again. I think mant people burnt their fingers with Ripple today and will definitely not be back on Mondey.

That being said, I like Ripple and it has potential. Even with the SEC case. The worst that could happen, in my opinion, if they lose the case, Ripple will become regulated. The company will likely have to list on one of the exchanges in the US. In my opinion, Ripple still has the best Blockchain software out there. By being regulated, may indeed get many more banks interested in them.

If this ever happens, I will definitely be investing in their company.
 
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Odd squeeze, this.
Ai.
Coulda shoulda woulda. I needed another 5k in there to dabble with to take advantage of this little pump.
It Will dump again ; or will it?Screenshot_2021-01-31-01-05-47-440_co.bitx.android.wallet.jpg
 
From the Telegram group it seems like the dump will start happening at around $1...
 
Mike Hoxbig said:
From the Telegram group it seems like the dump will start happening at around $1...
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It hit US 0.70c. I do not think they will make $1. Seems the purchasing power is struggling.
 
Wha ha ha ha.,... some clever group fooled a bunch of noobs....
 
JohnStarr said:
Que?
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The whole thing started last week. A fake telegram groups was established. A few thousand fake users were added and a rumour started that today at 14:30 there would be push to skyrocket the price of XRP. The price climbed over the weekend as the group were more widely advertised. People were promised a price of $1 and upwards to $100. This morning the price of XRP was sky high and a few minutes before the pump would have started the price started falling from around US$ 0.75 to around US$ 0.38. There was no pump.

I was one of the lucky ones. I saw the scam. I bought in last week and cashed out massive profits yesterday. I actually should have left it until this morning, but was not sure exactly when the dump would happen. An hour before the 'pump' I went into a sell and caught the slide down too.

Unfortunately, many people lost huge amounts of money today. I saw many buying in thousands of Dollars when the price was at US$ 0.65 and higher.
 
rvZA said:
The whole thing started last week. A fake telegram groups was established. A few thousand fake users were added and a rumour started that today at 14:30 there would be push to skyrocket the price of XRP. The price climbed over the weekend as the group were more widely advertised. People were promised a price of $1 and upwards to $100. This morning the price of XRP was sky high and a few minutes before the pump would have started the price started falling from around US$ 0.75 to around US$ 0.38. There was no pump.

I was one of the lucky ones. I saw the scam. I bought in last week and cashed out massive profits yesterday. I actually should have left it until this morning, but was not sure exactly when the dump would happen. An hour before the 'pump' I went into a sell and caught the slide down too.

Unfortunately, many people lost huge amounts of money today. I saw many buying in thousands of Dollars when the price was at US$ 0.65 and higher.
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Aha, I see. I am still building up a stash of XRP. Sold my DOGE and made a bit of a profit and bought an extra 100 XRP this afternoon when it went under R6.80.
 
JohnStarr said:
Aha, I see. I am still building up a stash of XRP. Sold my DOGE and made a bit of a profit and bought an extra 100 XRP this afternoon when it went under R6.80.
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If you want to build up a stash, that is fine. Wait a day or so, I see the price is now at around US$0.36. I think it will come down to the 20's.
 
Sold when it hit R11.00 Is it safe to buy now or wait and see if it continues slide
 
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