Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
McWorse
on 17/10/2017, 15:55:29 UTC
I do not understand why Ripple price is not going up. Can anyone explain this?

First of all, the recent high volatility time because of the upcoming BTC fork kills every healthy development at the market. The most people don't know what to do and follow short hypes, rumours, trends. It is a bit like on a chicken farm at the moment. Then it is the question, what investors / traders expect of the swell conference. I think, the most expected some very big announcements for Ripple. Thats why the price of XRP had a nice uptrend at the last weekend, before the conference started. But does swell confirm these hopes? Maybe not. We are hearing a lot things, which we already know. And the announcement, that Ripple will work together with other big companies, don't fulfill our expectations. We expect a breakthrough in the direction of mass adoption of Ripples technology. Anything less don't match with the hype. So hearing about new collaborations leaves us cool. We heard a lot of news like this. To push the price, the market deserves news about big steps forward.