Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
RayX12
on 30/05/2017, 11:38:50 UTC
I came back after a few bad weeks with the ripple and now I still see the value of the ripple is very bad, it still continues to decline and I still have not seen any sign of the rise again. What is happening here? I always thought the price of bitcoin dropped will help altcoin prices rise again, but the truth is bitcoin down but the price of ripple is still down, even worse when the price of Bitcoin increase a few weeks ago. Many people say ripple is a scam coin, it will soon return to its true value, I'm always skeptical of this but now I think it is true.

"Value of Ripple is bad" <- how do you define what bad is? you mean it's bad because the price hasn't yet risen significantly? You have no idea how to validate your premise. You have no concrete evidence that the value of Ripple is bad.

"I always thought the price of bitcoin dropped will help altcoin prices again" <- So do you think there is definitely an inverse correlation between Bitcoin and Ripple prices?

"Many people say ripple is a scam coin" <- Who did, where? Which link/forum? and Why? Are there any good reasons why it's been said to be a scam coin? Can you justify?

IMO price is being manipulated... current price is used to accumulate large positions without affecting price over a longer period.  When bags are full price will pump again.