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bryce

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  1. Confused
    bryce reacted to Staigera in XRP Roundup - Why I am buying   
    I'm not at all  at capitulation level despite I invested huge amounts of money in this black hole. I have been husseling and grinding threw out the year and almost gained my investment back. Instead of being here talking about this nonsense 24/7.
    Me and plenty of other bro's here are tired of ppl talking like they can predict the future or think they know which way xrp is going price wise.
    I have seen it so many times that it became fcking irritating. To see ppl like you defend their presious investment thinking it's a closed deal with their " it's a long term investment bla bla bla.
    Man get the hell out of here everyone thought we would be around atleast 1 $ by now xrp is just garbage.
    If I invested what I did in xrp around 50 cents in btc around that time at 5k I would have made around  $120k profit. But like I said I'm not dependent on this crypto **** I'm getting my wealth from getting my sh!t together in real life. It's just frustrating to see that all that money was wasted on this garbage asset. Now it's just waiting to see if there will be a rise or that it's just a sinking ship.
     
  2. Confused
    bryce reacted to ringer2 in XRP Roundup - Why I am buying   
    So the last two weeks of August sustained a modest increase and since then there has been no increase in the price.  So then why do you say the market keeps establishing higher lows?
  3. Like
    bryce reacted to GoldenGoose in XRP Roundup - Why I am buying   
    I agree with your second statement, since the lows have been pretty flat. Using Bitstamp's XRP-USD pairing, we have an all-time low (since the all-time high in January 2018) of $.24508 on August 13, 2018. Here are the lowest prices since August of 2018:
    $.25300 on September 11th, $.27795 on December 15th, $.28015 on January 28th, $.27500 on March 26th, and $.27946 on April 25th.
    What I don't get is how you can make your first statement, especially with the chart right in front of you. The "modest" price increase in August was over 52%, just four days after the 2018 low, reaching $.37390 on August 17th. More importantly, however, was the fact that the price more than tripled from August 13th to September 21st ($.76440). It also tripled within the 10-day period from September 11th to September 21st.
    Even if we disagree on the definition of modest, to say that there has been no increase in the price since the last two weeks of August is simply not true. And someone buying XRP as recently as April 25th of this year could have nearly doubled their investment by selling on June 22nd. And we've never gone below 27¢, since September of last year.
  4. Like
    bryce got a reaction from Creepto in XRP Roundup - Why I am buying   
    Fill up that hopium pipe, here's my stress free run down of where we are at:
    Charts : We look to be heading down to the long term bear reversal line, which I peg at around 43c AUD, this is concerning, but not surprising. We should see a strong bounce here, or a dip under then back up. I am buying. 

    Correlating with the BTC/USD chart, we are at a decision point with BTC, will we push up through this chop zone, or pull back. I am betting on BTC pulling back to 9k USD before it runs again. This will drag XRP down, likely below the long term support momentarily. This is where I will buy, hopefully around 36-38c AUD.

    This price reversal will be temporary, and should not be feared. Why?
    Fundamentals! Ripple is poised to drop some serious news into the market which will actually move us.
    Trumps tweet about crypto was about calling out "non-regulated" cryptos, and dampening down the BTC run, which he see's as China led, and rightfully so (51%, miners, we all know). The key words here are unregulated, based on thin air, unlawful behaviour. This clearly excludes Ripple who is working with regulators, has a purpose and has KYC and a ledger allowing the tracking of finances through the system, reducing the illegal activities.
    Now right around the same time, Brad Garlinghouse tweets the following:
    This is a reminder to the community, yes XRP will get SEC clarity, and the ruling will be clearing ETH and XRP through a similar hybrid definition. Note the confidence here, they are partnering like crazy with banks, pushing into the US market through Moneygram, HSBC and doing deals quickly everywhere but the US. If the US chooses to stay out of the this movement, they will be left behind. Signing every bank in India is a clear signal here, along with Middle Eastern countries, Brazil, Japan, Phillipines etc etc. The message is clear, this is happening, and the US will be at a disadvantage if they don't get on board. Couple this with the IMF Lagarde history, her move to the European Central Bank, BIS meetings and progress, the train has left the station. The asian markets are also on board, with China being the last man standing in some regards.
    BTC does not have the technology to support where we are going, this is common knowledge and should not even be a concern.
    Price Suppression : Yes it's likely happening, and I think it's being controlled for the purposes of regulation and BTC competition. Trumps tweet mentioned the "Highly Volatile" nature of cryptocurrencies. If you look closely, XRP has not been as volatile as BTC the last 6 months, while we want to see gains, this is not something to fear. Plans within Plans. I think this price suppression is about removing volatility while SEC clarification takes place. We also have BTC maxi's working to suppress the price, through fear of competition,but this will be nothing compared to the money that will flow into XRP once we see SEC clarity and over ride that control.
    Summary : I am not selling till we see SBI, BIS, SEC, IMF all play their cards. Do not confuse a speculative asset like BTC with a fundamental asset like XRP. It's gambling vs an investment, make your choice and let it play out. Do not sell at a loss through fear, you become the free lunch you seek.
  5. Like
    bryce got a reaction from Babelly in XRP Roundup - Why I am buying   
    Fill up that hopium pipe, here's my stress free run down of where we are at:
    Charts : We look to be heading down to the long term bear reversal line, which I peg at around 43c AUD, this is concerning, but not surprising. We should see a strong bounce here, or a dip under then back up. I am buying. 

    Correlating with the BTC/USD chart, we are at a decision point with BTC, will we push up through this chop zone, or pull back. I am betting on BTC pulling back to 9k USD before it runs again. This will drag XRP down, likely below the long term support momentarily. This is where I will buy, hopefully around 36-38c AUD.

    This price reversal will be temporary, and should not be feared. Why?
    Fundamentals! Ripple is poised to drop some serious news into the market which will actually move us.
    Trumps tweet about crypto was about calling out "non-regulated" cryptos, and dampening down the BTC run, which he see's as China led, and rightfully so (51%, miners, we all know). The key words here are unregulated, based on thin air, unlawful behaviour. This clearly excludes Ripple who is working with regulators, has a purpose and has KYC and a ledger allowing the tracking of finances through the system, reducing the illegal activities.
    Now right around the same time, Brad Garlinghouse tweets the following:
    This is a reminder to the community, yes XRP will get SEC clarity, and the ruling will be clearing ETH and XRP through a similar hybrid definition. Note the confidence here, they are partnering like crazy with banks, pushing into the US market through Moneygram, HSBC and doing deals quickly everywhere but the US. If the US chooses to stay out of the this movement, they will be left behind. Signing every bank in India is a clear signal here, along with Middle Eastern countries, Brazil, Japan, Phillipines etc etc. The message is clear, this is happening, and the US will be at a disadvantage if they don't get on board. Couple this with the IMF Lagarde history, her move to the European Central Bank, BIS meetings and progress, the train has left the station. The asian markets are also on board, with China being the last man standing in some regards.
    BTC does not have the technology to support where we are going, this is common knowledge and should not even be a concern.
    Price Suppression : Yes it's likely happening, and I think it's being controlled for the purposes of regulation and BTC competition. Trumps tweet mentioned the "Highly Volatile" nature of cryptocurrencies. If you look closely, XRP has not been as volatile as BTC the last 6 months, while we want to see gains, this is not something to fear. Plans within Plans. I think this price suppression is about removing volatility while SEC clarification takes place. We also have BTC maxi's working to suppress the price, through fear of competition,but this will be nothing compared to the money that will flow into XRP once we see SEC clarity and over ride that control.
    Summary : I am not selling till we see SBI, BIS, SEC, IMF all play their cards. Do not confuse a speculative asset like BTC with a fundamental asset like XRP. It's gambling vs an investment, make your choice and let it play out. Do not sell at a loss through fear, you become the free lunch you seek.
  6. Like
    bryce got a reaction from djdhrubs in XRP Roundup - Why I am buying   
    Fill up that hopium pipe, here's my stress free run down of where we are at:
    Charts : We look to be heading down to the long term bear reversal line, which I peg at around 43c AUD, this is concerning, but not surprising. We should see a strong bounce here, or a dip under then back up. I am buying. 

    Correlating with the BTC/USD chart, we are at a decision point with BTC, will we push up through this chop zone, or pull back. I am betting on BTC pulling back to 9k USD before it runs again. This will drag XRP down, likely below the long term support momentarily. This is where I will buy, hopefully around 36-38c AUD.

    This price reversal will be temporary, and should not be feared. Why?
    Fundamentals! Ripple is poised to drop some serious news into the market which will actually move us.
    Trumps tweet about crypto was about calling out "non-regulated" cryptos, and dampening down the BTC run, which he see's as China led, and rightfully so (51%, miners, we all know). The key words here are unregulated, based on thin air, unlawful behaviour. This clearly excludes Ripple who is working with regulators, has a purpose and has KYC and a ledger allowing the tracking of finances through the system, reducing the illegal activities.
    Now right around the same time, Brad Garlinghouse tweets the following:
    This is a reminder to the community, yes XRP will get SEC clarity, and the ruling will be clearing ETH and XRP through a similar hybrid definition. Note the confidence here, they are partnering like crazy with banks, pushing into the US market through Moneygram, HSBC and doing deals quickly everywhere but the US. If the US chooses to stay out of the this movement, they will be left behind. Signing every bank in India is a clear signal here, along with Middle Eastern countries, Brazil, Japan, Phillipines etc etc. The message is clear, this is happening, and the US will be at a disadvantage if they don't get on board. Couple this with the IMF Lagarde history, her move to the European Central Bank, BIS meetings and progress, the train has left the station. The asian markets are also on board, with China being the last man standing in some regards.
    BTC does not have the technology to support where we are going, this is common knowledge and should not even be a concern.
    Price Suppression : Yes it's likely happening, and I think it's being controlled for the purposes of regulation and BTC competition. Trumps tweet mentioned the "Highly Volatile" nature of cryptocurrencies. If you look closely, XRP has not been as volatile as BTC the last 6 months, while we want to see gains, this is not something to fear. Plans within Plans. I think this price suppression is about removing volatility while SEC clarification takes place. We also have BTC maxi's working to suppress the price, through fear of competition,but this will be nothing compared to the money that will flow into XRP once we see SEC clarity and over ride that control.
    Summary : I am not selling till we see SBI, BIS, SEC, IMF all play their cards. Do not confuse a speculative asset like BTC with a fundamental asset like XRP. It's gambling vs an investment, make your choice and let it play out. Do not sell at a loss through fear, you become the free lunch you seek.
  7. Like
    bryce got a reaction from Cesar1810 in XRP Roundup - Why I am buying   
    Fill up that hopium pipe, here's my stress free run down of where we are at:
    Charts : We look to be heading down to the long term bear reversal line, which I peg at around 43c AUD, this is concerning, but not surprising. We should see a strong bounce here, or a dip under then back up. I am buying. 

    Correlating with the BTC/USD chart, we are at a decision point with BTC, will we push up through this chop zone, or pull back. I am betting on BTC pulling back to 9k USD before it runs again. This will drag XRP down, likely below the long term support momentarily. This is where I will buy, hopefully around 36-38c AUD.

    This price reversal will be temporary, and should not be feared. Why?
    Fundamentals! Ripple is poised to drop some serious news into the market which will actually move us.
    Trumps tweet about crypto was about calling out "non-regulated" cryptos, and dampening down the BTC run, which he see's as China led, and rightfully so (51%, miners, we all know). The key words here are unregulated, based on thin air, unlawful behaviour. This clearly excludes Ripple who is working with regulators, has a purpose and has KYC and a ledger allowing the tracking of finances through the system, reducing the illegal activities.
    Now right around the same time, Brad Garlinghouse tweets the following:
    This is a reminder to the community, yes XRP will get SEC clarity, and the ruling will be clearing ETH and XRP through a similar hybrid definition. Note the confidence here, they are partnering like crazy with banks, pushing into the US market through Moneygram, HSBC and doing deals quickly everywhere but the US. If the US chooses to stay out of the this movement, they will be left behind. Signing every bank in India is a clear signal here, along with Middle Eastern countries, Brazil, Japan, Phillipines etc etc. The message is clear, this is happening, and the US will be at a disadvantage if they don't get on board. Couple this with the IMF Lagarde history, her move to the European Central Bank, BIS meetings and progress, the train has left the station. The asian markets are also on board, with China being the last man standing in some regards.
    BTC does not have the technology to support where we are going, this is common knowledge and should not even be a concern.
    Price Suppression : Yes it's likely happening, and I think it's being controlled for the purposes of regulation and BTC competition. Trumps tweet mentioned the "Highly Volatile" nature of cryptocurrencies. If you look closely, XRP has not been as volatile as BTC the last 6 months, while we want to see gains, this is not something to fear. Plans within Plans. I think this price suppression is about removing volatility while SEC clarification takes place. We also have BTC maxi's working to suppress the price, through fear of competition,but this will be nothing compared to the money that will flow into XRP once we see SEC clarity and over ride that control.
    Summary : I am not selling till we see SBI, BIS, SEC, IMF all play their cards. Do not confuse a speculative asset like BTC with a fundamental asset like XRP. It's gambling vs an investment, make your choice and let it play out. Do not sell at a loss through fear, you become the free lunch you seek.
  8. Like
    bryce got a reaction from Viggo in XRP Roundup - Why I am buying   
    Fill up that hopium pipe, here's my stress free run down of where we are at:
    Charts : We look to be heading down to the long term bear reversal line, which I peg at around 43c AUD, this is concerning, but not surprising. We should see a strong bounce here, or a dip under then back up. I am buying. 

    Correlating with the BTC/USD chart, we are at a decision point with BTC, will we push up through this chop zone, or pull back. I am betting on BTC pulling back to 9k USD before it runs again. This will drag XRP down, likely below the long term support momentarily. This is where I will buy, hopefully around 36-38c AUD.

    This price reversal will be temporary, and should not be feared. Why?
    Fundamentals! Ripple is poised to drop some serious news into the market which will actually move us.
    Trumps tweet about crypto was about calling out "non-regulated" cryptos, and dampening down the BTC run, which he see's as China led, and rightfully so (51%, miners, we all know). The key words here are unregulated, based on thin air, unlawful behaviour. This clearly excludes Ripple who is working with regulators, has a purpose and has KYC and a ledger allowing the tracking of finances through the system, reducing the illegal activities.
    Now right around the same time, Brad Garlinghouse tweets the following:
    This is a reminder to the community, yes XRP will get SEC clarity, and the ruling will be clearing ETH and XRP through a similar hybrid definition. Note the confidence here, they are partnering like crazy with banks, pushing into the US market through Moneygram, HSBC and doing deals quickly everywhere but the US. If the US chooses to stay out of the this movement, they will be left behind. Signing every bank in India is a clear signal here, along with Middle Eastern countries, Brazil, Japan, Phillipines etc etc. The message is clear, this is happening, and the US will be at a disadvantage if they don't get on board. Couple this with the IMF Lagarde history, her move to the European Central Bank, BIS meetings and progress, the train has left the station. The asian markets are also on board, with China being the last man standing in some regards.
    BTC does not have the technology to support where we are going, this is common knowledge and should not even be a concern.
    Price Suppression : Yes it's likely happening, and I think it's being controlled for the purposes of regulation and BTC competition. Trumps tweet mentioned the "Highly Volatile" nature of cryptocurrencies. If you look closely, XRP has not been as volatile as BTC the last 6 months, while we want to see gains, this is not something to fear. Plans within Plans. I think this price suppression is about removing volatility while SEC clarification takes place. We also have BTC maxi's working to suppress the price, through fear of competition,but this will be nothing compared to the money that will flow into XRP once we see SEC clarity and over ride that control.
    Summary : I am not selling till we see SBI, BIS, SEC, IMF all play their cards. Do not confuse a speculative asset like BTC with a fundamental asset like XRP. It's gambling vs an investment, make your choice and let it play out. Do not sell at a loss through fear, you become the free lunch you seek.
  9. Like
    bryce got a reaction from JordanC in XRP Roundup - Why I am buying   
    Fill up that hopium pipe, here's my stress free run down of where we are at:
    Charts : We look to be heading down to the long term bear reversal line, which I peg at around 43c AUD, this is concerning, but not surprising. We should see a strong bounce here, or a dip under then back up. I am buying. 

    Correlating with the BTC/USD chart, we are at a decision point with BTC, will we push up through this chop zone, or pull back. I am betting on BTC pulling back to 9k USD before it runs again. This will drag XRP down, likely below the long term support momentarily. This is where I will buy, hopefully around 36-38c AUD.

    This price reversal will be temporary, and should not be feared. Why?
    Fundamentals! Ripple is poised to drop some serious news into the market which will actually move us.
    Trumps tweet about crypto was about calling out "non-regulated" cryptos, and dampening down the BTC run, which he see's as China led, and rightfully so (51%, miners, we all know). The key words here are unregulated, based on thin air, unlawful behaviour. This clearly excludes Ripple who is working with regulators, has a purpose and has KYC and a ledger allowing the tracking of finances through the system, reducing the illegal activities.
    Now right around the same time, Brad Garlinghouse tweets the following:
    This is a reminder to the community, yes XRP will get SEC clarity, and the ruling will be clearing ETH and XRP through a similar hybrid definition. Note the confidence here, they are partnering like crazy with banks, pushing into the US market through Moneygram, HSBC and doing deals quickly everywhere but the US. If the US chooses to stay out of the this movement, they will be left behind. Signing every bank in India is a clear signal here, along with Middle Eastern countries, Brazil, Japan, Phillipines etc etc. The message is clear, this is happening, and the US will be at a disadvantage if they don't get on board. Couple this with the IMF Lagarde history, her move to the European Central Bank, BIS meetings and progress, the train has left the station. The asian markets are also on board, with China being the last man standing in some regards.
    BTC does not have the technology to support where we are going, this is common knowledge and should not even be a concern.
    Price Suppression : Yes it's likely happening, and I think it's being controlled for the purposes of regulation and BTC competition. Trumps tweet mentioned the "Highly Volatile" nature of cryptocurrencies. If you look closely, XRP has not been as volatile as BTC the last 6 months, while we want to see gains, this is not something to fear. Plans within Plans. I think this price suppression is about removing volatility while SEC clarification takes place. We also have BTC maxi's working to suppress the price, through fear of competition,but this will be nothing compared to the money that will flow into XRP once we see SEC clarity and over ride that control.
    Summary : I am not selling till we see SBI, BIS, SEC, IMF all play their cards. Do not confuse a speculative asset like BTC with a fundamental asset like XRP. It's gambling vs an investment, make your choice and let it play out. Do not sell at a loss through fear, you become the free lunch you seek.
  10. Like
    bryce got a reaction from baobeiiiii in XRP Roundup - Why I am buying   
    Fill up that hopium pipe, here's my stress free run down of where we are at:
    Charts : We look to be heading down to the long term bear reversal line, which I peg at around 43c AUD, this is concerning, but not surprising. We should see a strong bounce here, or a dip under then back up. I am buying. 

    Correlating with the BTC/USD chart, we are at a decision point with BTC, will we push up through this chop zone, or pull back. I am betting on BTC pulling back to 9k USD before it runs again. This will drag XRP down, likely below the long term support momentarily. This is where I will buy, hopefully around 36-38c AUD.

    This price reversal will be temporary, and should not be feared. Why?
    Fundamentals! Ripple is poised to drop some serious news into the market which will actually move us.
    Trumps tweet about crypto was about calling out "non-regulated" cryptos, and dampening down the BTC run, which he see's as China led, and rightfully so (51%, miners, we all know). The key words here are unregulated, based on thin air, unlawful behaviour. This clearly excludes Ripple who is working with regulators, has a purpose and has KYC and a ledger allowing the tracking of finances through the system, reducing the illegal activities.
    Now right around the same time, Brad Garlinghouse tweets the following:
    This is a reminder to the community, yes XRP will get SEC clarity, and the ruling will be clearing ETH and XRP through a similar hybrid definition. Note the confidence here, they are partnering like crazy with banks, pushing into the US market through Moneygram, HSBC and doing deals quickly everywhere but the US. If the US chooses to stay out of the this movement, they will be left behind. Signing every bank in India is a clear signal here, along with Middle Eastern countries, Brazil, Japan, Phillipines etc etc. The message is clear, this is happening, and the US will be at a disadvantage if they don't get on board. Couple this with the IMF Lagarde history, her move to the European Central Bank, BIS meetings and progress, the train has left the station. The asian markets are also on board, with China being the last man standing in some regards.
    BTC does not have the technology to support where we are going, this is common knowledge and should not even be a concern.
    Price Suppression : Yes it's likely happening, and I think it's being controlled for the purposes of regulation and BTC competition. Trumps tweet mentioned the "Highly Volatile" nature of cryptocurrencies. If you look closely, XRP has not been as volatile as BTC the last 6 months, while we want to see gains, this is not something to fear. Plans within Plans. I think this price suppression is about removing volatility while SEC clarification takes place. We also have BTC maxi's working to suppress the price, through fear of competition,but this will be nothing compared to the money that will flow into XRP once we see SEC clarity and over ride that control.
    Summary : I am not selling till we see SBI, BIS, SEC, IMF all play their cards. Do not confuse a speculative asset like BTC with a fundamental asset like XRP. It's gambling vs an investment, make your choice and let it play out. Do not sell at a loss through fear, you become the free lunch you seek.
  11. Like
    bryce got a reaction from Xrpdude in XRP Roundup - Why I am buying   
    Fill up that hopium pipe, here's my stress free run down of where we are at:
    Charts : We look to be heading down to the long term bear reversal line, which I peg at around 43c AUD, this is concerning, but not surprising. We should see a strong bounce here, or a dip under then back up. I am buying. 

    Correlating with the BTC/USD chart, we are at a decision point with BTC, will we push up through this chop zone, or pull back. I am betting on BTC pulling back to 9k USD before it runs again. This will drag XRP down, likely below the long term support momentarily. This is where I will buy, hopefully around 36-38c AUD.

    This price reversal will be temporary, and should not be feared. Why?
    Fundamentals! Ripple is poised to drop some serious news into the market which will actually move us.
    Trumps tweet about crypto was about calling out "non-regulated" cryptos, and dampening down the BTC run, which he see's as China led, and rightfully so (51%, miners, we all know). The key words here are unregulated, based on thin air, unlawful behaviour. This clearly excludes Ripple who is working with regulators, has a purpose and has KYC and a ledger allowing the tracking of finances through the system, reducing the illegal activities.
    Now right around the same time, Brad Garlinghouse tweets the following:
    This is a reminder to the community, yes XRP will get SEC clarity, and the ruling will be clearing ETH and XRP through a similar hybrid definition. Note the confidence here, they are partnering like crazy with banks, pushing into the US market through Moneygram, HSBC and doing deals quickly everywhere but the US. If the US chooses to stay out of the this movement, they will be left behind. Signing every bank in India is a clear signal here, along with Middle Eastern countries, Brazil, Japan, Phillipines etc etc. The message is clear, this is happening, and the US will be at a disadvantage if they don't get on board. Couple this with the IMF Lagarde history, her move to the European Central Bank, BIS meetings and progress, the train has left the station. The asian markets are also on board, with China being the last man standing in some regards.
    BTC does not have the technology to support where we are going, this is common knowledge and should not even be a concern.
    Price Suppression : Yes it's likely happening, and I think it's being controlled for the purposes of regulation and BTC competition. Trumps tweet mentioned the "Highly Volatile" nature of cryptocurrencies. If you look closely, XRP has not been as volatile as BTC the last 6 months, while we want to see gains, this is not something to fear. Plans within Plans. I think this price suppression is about removing volatility while SEC clarification takes place. We also have BTC maxi's working to suppress the price, through fear of competition,but this will be nothing compared to the money that will flow into XRP once we see SEC clarity and over ride that control.
    Summary : I am not selling till we see SBI, BIS, SEC, IMF all play their cards. Do not confuse a speculative asset like BTC with a fundamental asset like XRP. It's gambling vs an investment, make your choice and let it play out. Do not sell at a loss through fear, you become the free lunch you seek.
  12. Like
    bryce got a reaction from 2ndtimearound in XRP Roundup - Why I am buying   
    And there have been higher lows since Sept 2018  August 14 2018, that is a reversal from the previous trend of lower lows.
  13. Like
    bryce got a reaction from Stellios in XRP Roundup - Why I am buying   
    Fill up that hopium pipe, here's my stress free run down of where we are at:
    Charts : We look to be heading down to the long term bear reversal line, which I peg at around 43c AUD, this is concerning, but not surprising. We should see a strong bounce here, or a dip under then back up. I am buying. 

    Correlating with the BTC/USD chart, we are at a decision point with BTC, will we push up through this chop zone, or pull back. I am betting on BTC pulling back to 9k USD before it runs again. This will drag XRP down, likely below the long term support momentarily. This is where I will buy, hopefully around 36-38c AUD.

    This price reversal will be temporary, and should not be feared. Why?
    Fundamentals! Ripple is poised to drop some serious news into the market which will actually move us.
    Trumps tweet about crypto was about calling out "non-regulated" cryptos, and dampening down the BTC run, which he see's as China led, and rightfully so (51%, miners, we all know). The key words here are unregulated, based on thin air, unlawful behaviour. This clearly excludes Ripple who is working with regulators, has a purpose and has KYC and a ledger allowing the tracking of finances through the system, reducing the illegal activities.
    Now right around the same time, Brad Garlinghouse tweets the following:
    This is a reminder to the community, yes XRP will get SEC clarity, and the ruling will be clearing ETH and XRP through a similar hybrid definition. Note the confidence here, they are partnering like crazy with banks, pushing into the US market through Moneygram, HSBC and doing deals quickly everywhere but the US. If the US chooses to stay out of the this movement, they will be left behind. Signing every bank in India is a clear signal here, along with Middle Eastern countries, Brazil, Japan, Phillipines etc etc. The message is clear, this is happening, and the US will be at a disadvantage if they don't get on board. Couple this with the IMF Lagarde history, her move to the European Central Bank, BIS meetings and progress, the train has left the station. The asian markets are also on board, with China being the last man standing in some regards.
    BTC does not have the technology to support where we are going, this is common knowledge and should not even be a concern.
    Price Suppression : Yes it's likely happening, and I think it's being controlled for the purposes of regulation and BTC competition. Trumps tweet mentioned the "Highly Volatile" nature of cryptocurrencies. If you look closely, XRP has not been as volatile as BTC the last 6 months, while we want to see gains, this is not something to fear. Plans within Plans. I think this price suppression is about removing volatility while SEC clarification takes place. We also have BTC maxi's working to suppress the price, through fear of competition,but this will be nothing compared to the money that will flow into XRP once we see SEC clarity and over ride that control.
    Summary : I am not selling till we see SBI, BIS, SEC, IMF all play their cards. Do not confuse a speculative asset like BTC with a fundamental asset like XRP. It's gambling vs an investment, make your choice and let it play out. Do not sell at a loss through fear, you become the free lunch you seek.
  14. Sad
    bryce reacted to Staigera in XRP Roundup - Why I am buying   
    And what if after the sec and all the other legal stuff has been sorted out and we still don't move in price. What's the next hopium sentence then? Oh don't worry it needs time for liquidity to flow. Then what 2 years later. Don't worry it just needs 10 more years. Don't worry guys despite the world is running on xrp the price is till 40 cents np soon it will come.
    Heard this so many times since beginning 2018. 
    Oh well.Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans within plans within plans Plans plans within plans...
    Buy more guys last time before we go to the fcking moooooooooooooooooooooon
  15. Thanks
    bryce got a reaction from BigDaddy in XRP Roundup - Why I am buying   
    Sound like @Staigera is at capitulation point, along with a lot of people. It's understandable, it's stressful watching it go down, but if you're in cryptos and not the slightest bit diversified, expect to feel this from backing the wrong horse for maximum short term gains if that is your motive. That said, I am not in this to trade a speculative market, this is a long term investment, and I am 99% XRP in my portfolio.
    I think it's a matter of perspective. You've chosen an investment that has gone up 34% since it's low in August 14, 2018, yet compared to BTC, this seems like nothing. Yet if you had that money in the bank earning 5% a year previously, you would be quite happy with this progress. Obviously most people feeling this stress did not buy below this point. That is not an issue with the asset itself, it's an issue with your entry point.
    That's impressive gains based on fundamentals, unless you compare it to the gambling market of speculative cryptos or traditional penny stocks. There are plenty of equally volatile stocks making more than BTC https://au.investing.com/equities/top-stock-gainers if you know where to place your money, but again, it's a guess.
     
  16. Thanks
    bryce got a reaction from susli in XRP Roundup - Why I am buying   
    Fill up that hopium pipe, here's my stress free run down of where we are at:
    Charts : We look to be heading down to the long term bear reversal line, which I peg at around 43c AUD, this is concerning, but not surprising. We should see a strong bounce here, or a dip under then back up. I am buying. 

    Correlating with the BTC/USD chart, we are at a decision point with BTC, will we push up through this chop zone, or pull back. I am betting on BTC pulling back to 9k USD before it runs again. This will drag XRP down, likely below the long term support momentarily. This is where I will buy, hopefully around 36-38c AUD.

    This price reversal will be temporary, and should not be feared. Why?
    Fundamentals! Ripple is poised to drop some serious news into the market which will actually move us.
    Trumps tweet about crypto was about calling out "non-regulated" cryptos, and dampening down the BTC run, which he see's as China led, and rightfully so (51%, miners, we all know). The key words here are unregulated, based on thin air, unlawful behaviour. This clearly excludes Ripple who is working with regulators, has a purpose and has KYC and a ledger allowing the tracking of finances through the system, reducing the illegal activities.
    Now right around the same time, Brad Garlinghouse tweets the following:
    This is a reminder to the community, yes XRP will get SEC clarity, and the ruling will be clearing ETH and XRP through a similar hybrid definition. Note the confidence here, they are partnering like crazy with banks, pushing into the US market through Moneygram, HSBC and doing deals quickly everywhere but the US. If the US chooses to stay out of the this movement, they will be left behind. Signing every bank in India is a clear signal here, along with Middle Eastern countries, Brazil, Japan, Phillipines etc etc. The message is clear, this is happening, and the US will be at a disadvantage if they don't get on board. Couple this with the IMF Lagarde history, her move to the European Central Bank, BIS meetings and progress, the train has left the station. The asian markets are also on board, with China being the last man standing in some regards.
    BTC does not have the technology to support where we are going, this is common knowledge and should not even be a concern.
    Price Suppression : Yes it's likely happening, and I think it's being controlled for the purposes of regulation and BTC competition. Trumps tweet mentioned the "Highly Volatile" nature of cryptocurrencies. If you look closely, XRP has not been as volatile as BTC the last 6 months, while we want to see gains, this is not something to fear. Plans within Plans. I think this price suppression is about removing volatility while SEC clarification takes place. We also have BTC maxi's working to suppress the price, through fear of competition,but this will be nothing compared to the money that will flow into XRP once we see SEC clarity and over ride that control.
    Summary : I am not selling till we see SBI, BIS, SEC, IMF all play their cards. Do not confuse a speculative asset like BTC with a fundamental asset like XRP. It's gambling vs an investment, make your choice and let it play out. Do not sell at a loss through fear, you become the free lunch you seek.
  17. Like
    bryce got a reaction from Johno in XRP Roundup - Why I am buying   
    Fill up that hopium pipe, here's my stress free run down of where we are at:
    Charts : We look to be heading down to the long term bear reversal line, which I peg at around 43c AUD, this is concerning, but not surprising. We should see a strong bounce here, or a dip under then back up. I am buying. 

    Correlating with the BTC/USD chart, we are at a decision point with BTC, will we push up through this chop zone, or pull back. I am betting on BTC pulling back to 9k USD before it runs again. This will drag XRP down, likely below the long term support momentarily. This is where I will buy, hopefully around 36-38c AUD.

    This price reversal will be temporary, and should not be feared. Why?
    Fundamentals! Ripple is poised to drop some serious news into the market which will actually move us.
    Trumps tweet about crypto was about calling out "non-regulated" cryptos, and dampening down the BTC run, which he see's as China led, and rightfully so (51%, miners, we all know). The key words here are unregulated, based on thin air, unlawful behaviour. This clearly excludes Ripple who is working with regulators, has a purpose and has KYC and a ledger allowing the tracking of finances through the system, reducing the illegal activities.
    Now right around the same time, Brad Garlinghouse tweets the following:
    This is a reminder to the community, yes XRP will get SEC clarity, and the ruling will be clearing ETH and XRP through a similar hybrid definition. Note the confidence here, they are partnering like crazy with banks, pushing into the US market through Moneygram, HSBC and doing deals quickly everywhere but the US. If the US chooses to stay out of the this movement, they will be left behind. Signing every bank in India is a clear signal here, along with Middle Eastern countries, Brazil, Japan, Phillipines etc etc. The message is clear, this is happening, and the US will be at a disadvantage if they don't get on board. Couple this with the IMF Lagarde history, her move to the European Central Bank, BIS meetings and progress, the train has left the station. The asian markets are also on board, with China being the last man standing in some regards.
    BTC does not have the technology to support where we are going, this is common knowledge and should not even be a concern.
    Price Suppression : Yes it's likely happening, and I think it's being controlled for the purposes of regulation and BTC competition. Trumps tweet mentioned the "Highly Volatile" nature of cryptocurrencies. If you look closely, XRP has not been as volatile as BTC the last 6 months, while we want to see gains, this is not something to fear. Plans within Plans. I think this price suppression is about removing volatility while SEC clarification takes place. We also have BTC maxi's working to suppress the price, through fear of competition,but this will be nothing compared to the money that will flow into XRP once we see SEC clarity and over ride that control.
    Summary : I am not selling till we see SBI, BIS, SEC, IMF all play their cards. Do not confuse a speculative asset like BTC with a fundamental asset like XRP. It's gambling vs an investment, make your choice and let it play out. Do not sell at a loss through fear, you become the free lunch you seek.
  18. Like
    bryce reacted to ienviaa in SBI VC Launch with xRapid *ON JUNE 4th 2018* is going to send us to new ATH   
    The misunderstandings.. 
     
    I've seen a LOT of tweets and posts with negative comments regarding the position of XRP for banks. Some seem to be really disapointed by the fact banks don't 'have' to hold it. I really don't understand why people are limiting themselves thinking only 'if people hold' would be positive for the price. This is a misconception. 

    By allowing banks to not hold XRP and still be able to use xRapid, Ripple manages to include potential customers to their business that would otherwise stay away. Know that some countries do not allow banks to hold crypto and some boards refuse to believe in crypto too. By allowing xRapid for banks and FI's without 'holding' this means banks will not be subject to price volatility that would otherwise potentially bring certain costs on paper by date-valuation that would affect their numbers. Conservative banks that would otherwise feel 'left out' can now safely participate in innovation.

    In addition to that, not being 'forced' to hold XRP would allow banks to avoid realising a loss on their XRP investment. How? Well, if a bank/company of FI buys XRP for 1$ and the price goes to 0.80 cents, they can 'keep' their XRP untouched and buy the XRP needed for the transactions during the time the price is below their original buy in price - meanwhile they can accumulate more XRP to lower their average buy in point. When the market goes above 1$, they can use XRP and generate a profit from their first investment, and they will need to restock eventually after using up their XRP holdings. Either way, a bank will only realise profit and never realise a loss by doing smart investments and usage - restock when the market is down, usage when the market goes up.

     
    Volume makes the price go up..
     
    Now the second part: Why would XRP's price go up if a bank just buys and sells XRP in the 4 seconds of settlement? Wouldn't the 'dump' of the sell kill off the momentum it caused by buying XRP in the first place? No - it wouldn't. If this is your train of thoughts, you are missing one key point into it: missing the part that every time you sell it is considered a purchase on the other side, and every purchase you make means someone sold to you. Let's be real about it: we don't sell below our investments unless forced or during a crisis, the same applies to everything in economics. You don't buy car-parts for 200$ to sell it for 150$ to customers. So, the market maker who 'bought' the XRP from the bank, is not going to sell it below the price it bought it for, so the addition of an incredible amount of volume by usecase would generate a growth in the market based on the nonstop usage. It has been said that xRapid will search all exchanges and determine the lowest price to buy the XRP needed for the transaction and sell it into the fiat needed to complete the transaction on the other side. They will not sell it below the price of what they bought it for, so by definition it would mean that the price would move up. Volatility will lower, the growth will be steady and every 'dip' would mean there is an opportunity to buy more XRP to stock up if needed. 

    Volume is 'key' to the price since it indicates an ongoing demand. With an ongoing demand that is calculatable, the supply of it is able to ask for a sharper price - since the price of XRP doesn't affect the usecase in a negative way, even better, the price movement upwards would be beneficial for everyone (less XRP needed to move an X amount of money - XRP is a vessel of value, the bigger the price, the more it can carry). 
     
    http://mr-hx.blogspot.com/2018/03/xrp-price-rising-by-volume-usage-it-has.html?m=1
  19. Thanks
    bryce got a reaction from LittleLordFauntleroy in Epic Pennant on BTC Chart   
    This long term view illustrates this point

     
  20. Haha
    bryce got a reaction from MQB in Epic Pennant on BTC Chart   
    "You'll never see it at these prices again" - yes, I'm buying 
  21. Haha
    bryce got a reaction from WillGetThere in Epic Pennant on BTC Chart   
    "You'll never see it at these prices again" - yes, I'm buying 
  22. Haha
    bryce got a reaction from Lamberth in Epic Pennant on BTC Chart   
    "You'll never see it at these prices again" - yes, I'm buying 
  23. Haha
    bryce reacted to EcneitapLatnem in Epic Pennant on BTC Chart   
    If I told you XRP seems to be a good buy at this point, would I be laughed at?
  24. Like
    bryce got a reaction from EcneitapLatnem in Epic Pennant on BTC Chart   
    "You'll never see it at these prices again" - yes, I'm buying 
  25. Haha
    bryce got a reaction from FarangKiNok in Epic Pennant on BTC Chart   
    "You'll never see it at these prices again" - yes, I'm buying 
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