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The Ripple Thread

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Comments

  • Registered Users, Registered Users 2 Posts: 312 ✭✭gaming_needs90


    I love how "pump and dump" tactics are illegal in the stock market but in reality everyone does it. Obviously massive funds speak to eachother and have clever ways of doing it


  • Registered Users, Registered Users 2 Posts: 4,934 ✭✭✭PokeHerKing


    I love how "pump and dump" tactics are illegal in the stock market but in reality everyone does it. Obviously massive funds speak to eachother and have clever ways of doing it

    Ah no man the lads on wallstreet do maths and science and $hit. No insider info or collusion in that college educated game.


  • Closed Accounts Posts: 15,111 ✭✭✭✭RasTa


    The whole point of it is too hold.

    They are doing Silver too.


  • Registered Users, Registered Users 2 Posts: 19,023 ✭✭✭✭Dohnjoe


    RasTa wrote: »
    The whole point of it is too hold.

    The whole point of it is to trick new/gullible people into holding so they don't sell, causing the price to go higher so the sharks can fleece them.

    The WSB thing is being used to encourage the poor schmucks to hold. Like there's some "cause" behind it, which of course there isn't.


  • Registered Users, Registered Users 2 Posts: 2,383 ✭✭✭olestoepoke


    The only cause I'm for is cold hard profits


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  • Registered Users, Registered Users 2 Posts: 4,934 ✭✭✭PokeHerKing


    RasTa wrote: »
    The whole point of it is too hold.

    They are doing Silver too.

    Depends entirely on your end game. I'm in it to make money, holding indefinitely during obvious mass manipulation of prices will not make money IMHO.


  • Registered Users, Registered Users 2 Posts: 19,023 ✭✭✭✭Dohnjoe


    Ah no man the lads on wallstreet do maths and science and $hit. No insider info or collusion in that college educated game.

    What they are doing is actually quite smart, they are using the short squeeze mechanic to transfer funds from the hedge funds to themselves (a herd of retail investors). It ticks a whole bunch of boxes.

    All this other stuff, $silver, the Doge run, the XRP pump is just riding on the recent mass publicity of the above


  • Registered Users, Registered Users 2 Posts: 514 ✭✭✭BrandonBay86


    How do I short XRP?


  • Registered Users, Registered Users 2 Posts: 4,676 ✭✭✭makeorbrake


    How do I short XRP?

    Even if you could, these guys might be able to keep the hoard of wasps riled up long enough to destroy your short (ala Gamestop).


  • Registered Users, Registered Users 2 Posts: 514 ✭✭✭BrandonBay86


    Even if you could, these guys might be able to keep the hoard of wasps riled up long enough to destroy your short (ala Gamestop).

    With the amount of xrp in circulation and the amount held by insiders, it’s a bet I’m willing to take !


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  • Registered Users, Registered Users 2 Posts: 3,615 ✭✭✭el Fenomeno


    I guess that 15c drop is all part of the plan, right? The lads on telegram have this under control I'm sure...


  • Registered Users, Registered Users 2 Posts: 312 ✭✭gaming_needs90


    Nooooooooooooooooooooo


  • Registered Users, Registered Users 2 Posts: 6,140 ✭✭✭masterboy123


    Low to 0.45 now


  • Registered Users, Registered Users 2 Posts: 4,676 ✭✭✭makeorbrake


    Can we start throwing those pies now?


  • Registered Users, Registered Users 2 Posts: 1,040 ✭✭✭rapul


    Haha people on telegram freaking, this is great to watch!


  • Registered Users, Registered Users 2 Posts: 6,140 ✭✭✭masterboy123


    I am holding strong until 1.30 pm Irish time.
    rapul wrote: »
    Haha people on telegram freaking, this is great to watch!


  • Registered Users, Registered Users 2 Posts: 3,615 ✭✭✭el Fenomeno


    rapul wrote: »
    Haha people on telegram freaking, this is great to watch!

    What's the link? I want to see this bloodbath.


  • Registered Users, Registered Users 2 Posts: 1,040 ✭✭✭rapul


    I am holding strong until 1.30 pm Irish time.

    That time is bull, I'd be looking to sell 1pm or earlier or who knows, this is all just a farce it's comical!

    Take profits and buy ethereum or something folks, this was more than likely orchestrated for some of the big bag holders to make money on the back of gamestop and all, but you all know that

    Edit. Just my opinion of course


  • Registered Users, Registered Users 2 Posts: 1,040 ✭✭✭rapul


    What's the link? I want to see this bloodbath.

    Just search you'll find it.


  • Moderators, Business & Finance Moderators, Society & Culture Moderators Posts: 9,763 Mod ✭✭✭✭ToxicPaddy


    I guess the whales are deciding whats going on, thats a massive drop in the last 15 mins.. It's fighting but that's heading for at maybe 40c by 16.00.

    So much for for the $1 mark that everyone was going on about on Telegram :pac:


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  • Registered Users, Registered Users 2 Posts: 312 ✭✭gaming_needs90


    Oh well, back to HODL for another three years :pac:


  • Registered Users, Registered Users 2 Posts: 6,140 ✭✭✭masterboy123


    Sold all now at 0.48.

    Some profit atleast :)


  • Registered Users, Registered Users 2 Posts: 2,383 ✭✭✭olestoepoke


    sold at 50c for a tidy profit, had 1,000 coin bought last 22c


  • Registered Users, Registered Users 2 Posts: 4,676 ✭✭✭makeorbrake


    We need more pies!


  • Registered Users, Registered Users 2 Posts: 5,521 ✭✭✭endainoz


    All part of the plan bro.


  • Registered Users, Registered Users 2 Posts: 6,140 ✭✭✭masterboy123


    Not taking risk now.
    endainoz wrote: »
    All part of the plan bro.


  • Registered Users, Registered Users 2 Posts: 3,615 ✭✭✭el Fenomeno


    I'm looking forward to posts by those who got swept up in this 13:30 pump fantasy letting us know that they knew this would happen and that they actually sold out at 70 or above.


  • Registered Users, Registered Users 2 Posts: 5,521 ✭✭✭endainoz


    Not taking risk now.

    Have faith folks, I'll hang on and see what happens....for another half an hour or so anyway.


  • Registered Users, Registered Users 2 Posts: 1,693 ✭✭✭A Shaved Duck?


    endainoz wrote: »
    Have faith folks, I'll hang on and see what happens....for another half an hour or so anyway.

    Yeah ive a 1 oclock cut off set... keep the faith


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  • Registered Users, Registered Users 2 Posts: 1,040 ✭✭✭rapul


    Well goodluck everyone, I'll be watching the price closely, hopefully no one looses alot.


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