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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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endainoz

Blowheads wrote: »

It'll be interesting to see how high they could pump it

It will, there's a lot of interest in this one. You can be sure the so called big boys will be keeping a close eye on things too and add to the pump.

el Fenomeno

The cynic in me would think that anyone who thinks they'll be part of a pump tomorrow are the ones getting played.

sparrowcar

el Fenomeno wrote: »

The cynic in me would think that anyone who thinks they'll be part of a pump tomorrow are the ones getting played.

What do you think will actually happen tomorrow? Genuine question

Rob2D

sparrowcar wrote: »

What do you think will actually happen tomorrow? Genuine question

A bunch of people gonna get REKT.

sparrowcar

Rob2D wrote: »

A bunch of people gonna get REKT.

Or make a tidy profit.
Gut tells me this will be a pump and dump, can see lots getting held holding suitcases.

endainoz

sparrowcar wrote: »

Or make a tidy profit.
Gut tells me this will be a pump and dump, can see lots getting held holding suitcases.

Will just keep an eye on it up to 1.30pm tomorrow. This "coordinated pump" will hardly happen at the same time. Loads will be getting in early in the morning and I suppose it will be steadily rising up to then. The key will will be knowing when to sell I guess.

thecomedian

When it drops, any idea how low it will go?

Kent Brockman

ToxicPaddy wrote: »

Interesting, pm me that telegram group name please ?

i pm that to you but can't find it now. Did you get it?

masterboy123

1.30 pm Irish time?
Thanks.

endainoz wrote: »

Will just keep an eye on it up to 1.30pm tomorrow. This "coordinated pump" will hardly happen at the same time. Loads will be getting in early in the morning and I suppose it will be steadily rising up to then. The key will will be knowing when to sell I guess.

endainoz

masterboy123 wrote: »

1.30 pm Irish time?
Thanks.

Apparently so yeah. I bought some already at 37cent which I know is pretty high but it would be a shame to have a delay on being allowed to buy them when the anticipated madness begins. If you can stomach reading through it, reddit have some more info about it.

mickdw

endainoz wrote: »

Apparently so yeah. I bought some already at 37cent which I know is pretty high but it would be a shame to have a delay on being allowed to buy them when the anticipated madness begins. If you can stomach reading through it, reddit have some more info about it.

Id wait til they are under 10c.

endainoz

mickdw wrote: »

Id wait til they are under 10c.

What would make them drop that low though?

mickdw

endainoz wrote: »

What would make them drop that low though?

Thats what i feel its worth considering past values and the outstanding uncertainties around its future.
It could easily go down below 10c in the near future.

endainoz

mickdw wrote: »

Thats what i feel its worth considering past values and the outstanding uncertainties around its future.
It could easily go down below 10c in the near future.

Of course it could, but with regards to this pump and dump tommorow, it's not going to drop between now and then.

Whelo79

Christ it's 2017 all over again with the pump and dumps. I guarantee you the people planning on dumping have already bought huge amounts and they are waiting on the suckers to pump it higher at whatever the designated 'start' time is before they unload all over them.

Avoid like the plague or if you insist on getting in take a small profit and get out early before you are left holding dirt.

endainoz

Tomorrow will be interesting anyway!

Kent Brockman

This time it is a bit different than the Pump n Dump groups (although they are now also involved)
There's an existing group of longterm xrp holders who decided to start a petition against SEC getting involved & crashing the price.

The price right now should be somewhere between 80c to $1 if sec hadn't interfered & the original group decided to try and pump it back to that price. It would then take off if they are successful in fighting the lawsuit (which they believe will happen)

There's a lot who will hold and try to keep the price back where they think it should be i.e. the original 28k members of the group plus many longterm holders who believe in the project and have decided to support the pump.

Then there's the ones who will be there to try and make a quick buck & there's the shorts who are ****ting bricks and trying to play down the hype.

Whatever happens it will be entertaining and a lesson to be learnt either way. Good luck

edit: I'd cover my short position or else dont check it for a few weeks ;-)

Dohnjoe

Good SEC news or not on monday, the recent rise is definitely a lot of smart people and sharks loading up to dump on any schmucks dumb enough to actually go through start-time pump tomorrow.

makeorbrake

Kent Brockman wrote: »

This time it is a bit different than the Pump n Dump groups (although they are now also involved)
There's an existing group of longterm xrp holders who decided to start a petition against SEC getting involved & crashing the price.

If some of these are the same folks as WSB, then they've just lost all moral high-ground - killed it stone dead. XRP bagholders started a petition? Of course they bloody did - they want their bags to be worth something! How about they tackle Ripple about the periodic dumping they engaged in and the ocean of coins they hold back all the while? If it wasn't for that, the project might have had some merit. If it wasn't for that, XRP wouldn't have been no.1 on the SEC hitlist.

Sierra Oscar

XRP up to 46c at the minute and climbing fairly steadily so plenty of pumping still going on. Hit 49c earlier and pulled back.

mickdw

endainoz wrote: »

Of course it could, but with regards to this pump and dump tommorow, it's not going to drop between now and then.

If you are sure there is gain to be made between now and the next few hours, go ahead. May do well but its not for me.

masterboy123

So far I have made up 25€ profit. Currently at 0.48 @ 6 AM.

mickdw wrote: »

If you are sure there is gain to be made between now and the next few hours, go ahead. May do well but its not for me.

Signore Fancy Pants

masterboy123 wrote: »

So far I have made up 25€ profit. Currently at 0.48 @ 6 AM.

Good man, Im up €56, its small potatoes but its a bit of craic. Im not in for much anyway, if I lose, I lose.

weldoninhio

It's broken 0.50c, up to 52c at the moment. 57c is the highest it's been in the past year. It'll be past that by 10am if it keeps rising at this rate.

masterboy123

It's at €0.56 per coin now.
Should I hold or sell?

Signore Fancy Pants wrote: »

Good man, Im up €56, its small potatoes but its a bit of craic. Im not in for much anyway, if I lose, I lose.

rapul

masterboy123 wrote: »

It's at €0.56 per coin now.
Should I hold or sell?

Your call, take profit while you can or hold out if you can afford to loose everything..

Same old, same old.

Lex Luthor

masterboy123 wrote: »

It's at €0.56 per coin now.
Should I hold or sell?

in a situation like this when one is undecided, it might be a good idea to sell some, say 25%

If it goes up you are still making money, if it drops then you took some profits

Signore Fancy Pants

masterboy123 wrote: »

It's at €0.56 per coin now.
Should I hold or sell?

Id hold man but its your call.

Im up over €100 now and will be holding for a few hours.

L'prof

I have R1040, I must see what I’m in for

masterboy123

Holding it and has set up price alerts if it goes low will sell ASAP. €50 profit now

Signore Fancy Pants wrote: »

Id hold man but its your call.

Im up over €100 now and will be holding for a few hours.