The Ripple Thread

Truckermal wrote: »

My biggest gripe with XRP is the cult following it!

Equally annoying is the anticult though.

I see at least as many (if not more) posts on this thread of people mocking or complaining about this so called cult as post from people who are making unrealistic predictions.

https://twitter.com/CoinbasePro/status/1100093203326263297?s=19

Tinder Surprise wrote: »

Anyone any clue why over $500,000,000 XRP was transferred from Bittrex Exchange to Upbit exchange this afternoon?

Im moving my funds around to a couple of different exchanges for liquidity purposes.

Bob24 wrote: »

Now on coinbase’s consumer app: https://www.coindesk.com/xrp-is-now-live-and-trading-on-coinbases-consumer-app

(but at this stage I don’t know if anyway really cares about what’s on Coinbase anymore)

Yes, it's a pity. 12 - 18 months ago this sort of announcement would have seen a huge jump. Heck, even rumours of a Coinbase adoption caused increases before.


We have barely seen any movement since the announcement :rolleyes:

I think the limited impact on prices tells little about XRP and more about Coinbase which has nowhere near the systemic influence on crypto markets it would have had 18 months ago.

Purely theory-crafting here, so take with pinch of salt, but based on years of watching this mental market daily..

If I had to choose between the 5 top coins now I'd be going into XRP on a longshot. It hasn't kept pace with the others, pressure is building - I know JPM coin has taken a little bit of shine off it, but if BTC reaches 10k and falls back (but not too hard) I'd expect one of the other top 5's to take the "redistribution" and start it's own run. XRP is perfectly placed for that because both Eth and LTC have "had" their runs, and BCH seems quite entwined with BTC's recent movements

A lot of guesswork and speculation in there but I'll see how this BTC run goes

Bob24 wrote: »

XRP is looking more lively now :-)

Hopefully its a return to life and not a pump & dump

Bob24 wrote: »

I posted the above 6 months ago. Today ETH is almost twice the market cap of XRP.

I still think XRP has potential, but it doesn’t seem to be doing that great in terms of valuation compared to other cryptos (a comparison with BTC would probably show even stronger divergence).

In a mad bull run, it's positioned as the next "cheapest looking" coin to the average punter who knows next to nil about cryptos

For most of the 2nd half of 2017 it didn't do anything exciting until that crazy run began. A lot of my non-crypto friends were attracted to it because they were like "what if this goes to the same price at BTC, i'll be rich", without understanding the mechanics

Truckermal wrote: »

I was trying to buy XRP in Dec 2017 when it was worth pennies but Kraken at the time kept crashing and I left it alone...

I still have some that I bought at .52 cents on Revolut.

Have you use the Revolut platform much for purchasing crypto? Their massive spreads between buy and sell prices and massively inflated market price for purchasing crypto are a turn off? And do they actually hold any of the crypto that the're "selling" you?

Truckermal wrote: »

I didn't use it in ages but did in the beginning! I don't think they hold any crypto as you cannot transfer it to another exchange hence the reason I left the XRP there.

Yeah, it's a bit of a crappy service I do have a small amount of crypto which I'll let run for a while.

Has anyone on the thread had their wallet hacked and ripple stolen? Just me? 😒