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The Ripple Thread

Speculator

Morning all

I thought I'd set up a thread for Ripple, considering it's in the top 5 based on market cap.

Ripple CNBC News.

https://www.cnbc.com/2017/11/17/ripple-ceo-brad-garlinghouse-on-working-in-the-cryptocurrency-and-blockchain-space.html

https://www.cnbc.com/2017/11/16/american-express-santander-team-up-with-ripple-on-blockchain-platform.html

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TheSheriff

mik_da_man wrote: »

Doesn't seem to have done any good...

Hasn't started yet, market is launching the 10th, with users allowed trade from the 11th.

Ill hold what I have left till then, if it doesn't go up ill sell at this point.

Expecting to see some small jump.

mik_da_man

Chrongen wrote: »

The Japanese DMM network are supposed to list XRP tomorrow, January 10th. I don't know what effect that will have on the price. Doubt it will send it skywards but it is certainly positive news. DMM has 27 million subscribers.

Doesn't seem to have done any good...

Chrongen

The Japanese DMM network are supposed to list XRP tomorrow, January 10th. I don't know what effect that will have on the price. Doubt it will send it skywards but it is certainly positive news. DMM has 27 million subscribers.

el diablo

Autochange wrote: »

Where are you buying that you are getting in so early at such low price?

I bought it on Kraken early last summer. Certainly wasn't difficult to find an exchange that listed XRP.

el diablo

ZeroThreat wrote: »

bought in at $0.20, sold at $2.75, I'm done with XRP.

Similar to me. I got in at $0.165. Time to sell as I can't see it climbing much higher.

smacl

smacl wrote: »

Seems to be dipping again. If it drifts back to $2.50 I might take a punt.

And picked up a small amount at $2.18 on Kraken. Interested to see where it goes.

EagererBeaver

cravings wrote: »

it's been around a lot longer than 6 weeks.

Nobody said it hadn't but thanks for reinforcing my point.

cravings

it's been around a lot longer than 6 weeks.

Autochange

EagererBeaver wrote: »

No, it's when.

Ripple is not some new fangled coin that has come out of nowhere to surprise everybody. It was available for a fraction of its current value six weeks ago on multiple exchanges.

Ok. Excuse my new to the crypto world ignorance.

EagererBeaver

Autochange wrote: »

JaCrispy wrote: »

The question really is when....not where.

No it's where. Some coins initially start on smaller markets , gain value and then are added to bigger exchanges or Binance but by then the real window of opportunity is gone.

Cryptopia is one such place but it's closed to new folk at the minute

No, it's when.

Ripple is not some new fangled coin that has come out of nowhere to surprise everybody. It was available for a fraction of its current value six weeks ago on multiple exchanges.

Shauny2010

It's a bit amateur to be relying on CMC for prices.
Save your F5 key
Use coincap.io

lifeandtimes

the tumble is down to CMC

https://www.reddit.com/r/CryptoCurrency/comments/7oxivj/cmc_just_tumbled_the_whole_market_with_one_move/

Few hours ago Coin Market Cap removed Korean exchanges from their coin price calculations and being that all coins are about 30% pricier over there, it instantly tanked the price on CMC graphs. From what I see this is happening now :
CMC removed Korean exchanges
Prices/graphs instantly tanked (but in practice not relevant to people outside Korea who dont trade there anyhow)
Large number of people did not recognize what actually happened and that there were not moves/selling on their western exchanges
Those same people are now dumping large amount of coins trying to "cut loses" because of the false impression that coin is crashing.
Random stuff happening
My opinion is that this should have been handled much better by CMC. At least put a banner saying "WE HAVE EXCLUDED KOREAN EXCHANGES BECAUSE OF THIS OR THAT AND IT WILL HAVE SUCH INFLUENCE ON CALCULATIONS". I just hope they do not put back and remove those exchanges at random point in time. Any thoughts

JaCrispy

Autochange wrote: »

In keen to get on to Cryptopia but no new registrations at the moment.

They're upscaling so will be open soon I reckon. It's a very good exchange, orders always work and instantly appear in your wallet. Currently their LTC and DOGE markets are paused while they cope with demand. They don't have Ripple though.

Autochange

GreeBo wrote: »

You just buy them on whatever smaller exchange they are available on.
There is no secret to it.

In keen to get on to Cryptopia but no new registrations at the moment.

jon1981

XRP was already on Binance when I bought in at 60-70cent. The exchange had little to do with it climbing to 2-3 dollars. Thought it might have had something to do with it going from 10cent to 60cent...I dunno.

What got it to 3 dollars was the hype kicking in and all the additional press as it got into the top 10.

A "momentum play"

GreeBo

Autochange wrote: »

Yes I know that. I just meant getting in early on the coins before they hit the bigger exchanges.

In pretty new to this. It was an honest question.

You just buy them on whatever smaller exchange they are available on.
There is no secret to it.

Autochange

jon1981 wrote: »

Strange question? You know price is not determined by the exchange right? (except for a small spread fee)

Yes I know that. I just meant getting in early on the coins before they hit the bigger exchanges.

In pretty new to this. It was an honest question.

EKRIUQ

Some good solid posts regarding Ripple here, realistically how big can Ripple really get $5, $10, $20? ripple just has so many coins available. I think I might transfer my initial deposit to another coin, to make money on ripple you are going to need thousands.

Going by todays trends it could be a good day to buy!

JaCrispy

I pulled all of my XRP at just over €2. I believe in the project so will buy back in when things settle down.

TheSheriff

Top 17 coins on CMC are in the red.......

jon1981

No such thing as bad profit ... remember that.

Dutchy

They're all falling. Rapidly.

epopnomis

Is it just me or is ripple tumbling.... I bought back in at 2€

lifeandtimes

JaCrispy wrote: »

The question really is when....not where.

"where we are going we dont need roads marty!"

jon1981

Autochange wrote: »

Where are you buying that you are getting in so early at such low price?

Strange question? You know price is not determined by the exchange right? (except for a small spread fee)

JaCrispy

Autochange wrote: »

No it's where. Some coins initially start on smaller markets , gain value and then are added to bigger exchanges or Binance but by then the real window of opportunity is gone.

Cryptopia is one such place but it's closed to new folk at the minute

Of all the questions that get asked in this forum. This has to be the most frequent.
Go to coinmarketcap, click on the coin in question and select markets. Top exchange is the busiest in relation to coin in question.

https://coinmarketcap.com/currencies/ripple/#markets

ZeroThreat

Autochange wrote: »

Where are you buying that you are getting in so early at such low price?

I held this for about 3 months.

Autochange

JaCrispy wrote: »

The question really is when....not where.

No it's where. Some coins initially start on smaller markets , gain value and then are added to bigger exchanges or Binance but by then the real window of opportunity is gone.

Cryptopia is one such place but it's closed to new folk at the minute

JaCrispy

Autochange wrote: »

Where are you buying that you are getting in so early at such low price?

The question really is when....not where.

Autochange

ZeroThreat wrote: »

bought in at $0.20, sold at $2.75, I'm done with XRP.

Where are you buying that you are getting in so early at such low price?