Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
wajik-tempe
on 20/10/2017, 23:09:00 UTC
Thanks for the information @ revelacaogr and for sharing the charts @ NickCrypto!

The dump at the moment hurts a bit, even for me as a long time holder of XRP. But correlated with the actual price of BTC, the decrease isn't that significant. XRP is standing at 0.21$ now, 30% higher than during the dip in the middle of august. On the first look, swell might be disappointing. On the second look is networking exactly that thing, which Ripple needs to become introduced into a wider market and into a general public.

Those charts are irrelevant, the only chart that matters is XRP/BTC not the XRP/USD
XRP/USD is driven by current position of the BTC, fantastic performance for BTC means something completely opposite to XRP.
We are reaching Half year lows XRP/BTC with massive 45% drop during the most important conference which questioning essential foundations of XRP.

This speaks for itself.
somehow after the conference took place ripple prices corrected far enough which should have been pumped by the whales but they seem to understand that the ripple has a considerable amount and owned by some people only with events like this ripple will not gain confidence for the cryptocurrenci gushers