Quote from: groko271 on July 30, 2017, 09:12:31 PM

Quote from: vsyc on July 30, 2017, 02:36:46 PM

Quote from: groko271 on July 30, 2017, 12:28:27 AM

Quote from: prabakharras on July 28, 2017, 05:17:45 PM

Quote from: groko271 on July 28, 2017, 12:51:51 AM

Quote from: vsyc on July 27, 2017, 11:02:27 PM

For those who loosing faith:

SBI Q2 Report https://www.xrpchat.com/topic/7768-sbi-financial-report-q2-time-line/ Start from page 72!
Bloomberg talks to Ripple COE https://www.xrpchat.com/topic/7769-ripple-ceo-on-bloomberg-news/ who else makes so much attention?

Sit back and relax day will come.

nice post and thanks for the update. There are plenty of uninformed haters for this coin, but those who research will keep holding XRP until the end. What we are seeing is the transfer of wealth from the inexperienced to the experienced, from nervous hands to stable hands.

Given positive news, market do not seem to react positively https://www.coingecko.com/en/price_charts/ripple/btc
Uninformed or fear and follow downward trend.

Uninformed and fear i'd say. Plus inexperienced traders who try to make a quick dollar day trading without researching the project.

I have been trading for nearly 2 decades and although trading crypto is very different, all forms of trading have similar calculating aspects...supply/demand & fundamental/technical analysis. Back when XRP was 25k satoshi, I gave my opinion here that its true value was under 9k satoshi. My post was ignored. Those who follow me here would have sold and re-bought making a huge profit. At the same time many were posting here it was still undervalued (due to its potential) in which more people bought and are currently sitting in a losing position. They lose faith in the coin and sell at a loss never to go near XRP again. No matter what news is released, its too late their faith in XRP is not there. So step in the whales and experienced traders who buy the cheap coins off the nervous hands that sell them.
Its my belief that those here who are over the top pumping this coin are doing it worse than the trolls here. The more they pump, share links to good news the coin still flutters on the exchange in value.

However XRP is a very long term investment with a great already working project. You need to hold, for several years as there will be more pumps and dumps and my advice it to ignore them or ar least re-position (sell high, buy back cheap to increase your quantity for same value)to increase your stock. I currently hold 5x my initial XRP without adding to my investment, just by repositioning.

The true current worth of XRP is around 8k sats, so my advice is to buy if you dont mind holding and seeing the project through.

XXX

Lol, so obvious captain America! I will save time on all this prelude above, lets consider it as a template and say that real XRP value is 100k satoshi.

Sorry you feel that way, I'm a die hard rippler, just trying to give a realistic perspective. What has all the pump pump pump talk done? Nothing. It is a speculation thread, isnt it? Just sharing mine, without hype/bias.

Quote from: tintumon on July 30, 2017, 03:55:36 PM

How did you come to the evaluation of 8,000 satoshis as the current value of XRP? I remember it was trading around 800 satoshis few months back.

Just looking at the support/resistance on the charts, the volume etc. Plus Ripple labs have a working product which ads to the value. I ignore the news good/bad and go with what I think about each product, and this one I do like. I suppose I came across as arrogant, didn't mean to, just wanted to share an honest (and more realistic imo) perspective.... from a supporter of XRP. Undecided

IMHO There is nothing realistic in your words, it would be the same if I take you to Casino and you will start saying me to put either on black or red, absolutely same, you ask people to gamble, its a risk and some people will accept it for sure.

Though I respect your way of speculation, at least you do not talk trash about product like 95% of current "traders". Some would-be traders really think that they can impact market on writing rubbish...