johnlogan

88cents but I will buy much more, add to my stack, lowering it further. We live in exciting times and people need to wake up and max out their credit cards, 

No way over $0.30 EOY. Maybe $1 end 2020.- 

Well John Carpenter was the original source! 

Well John Carpenter was the original source! 

Wonder how many people on here know where that quote is from, or ever played it?

Yup, me too. If I made a new post every time I bought, then it dipped, so I bought more etc, well... there'd be a lot of posts. That's all that needs to be said 

It's all fun an games though. Part of the experience if you ask me haha.

88cents but I will buy much more, add to my stack, lowering it further. We live in exciting times and people need to wake up and max out their credit cards, 

This is what has happened and what is happening IMO.  My opinion only and I may be wrong - but I'm betting I'm not.  
Groups/People with money power/bitcoin= "They"  
Last year "They" Bought bitcoins on the exchanges in anticipation of the CME futures (CME market was cash settled only, trades on CME did not affect the price - these basically were just bets not purchases of bitcoin).  The plan was to drive up the price of bitcoin by buying bitcoins on the exchanges in Oct, Nov, Dec 2017 then "They " took leveraged short positions on the futures market.  Then "They" sold their bitcoins on the exchanges driving down the price and making money on their leveraged shorts on the CME futures market.  This was the tail wagging the dog price wise.
This year and upcoming -
The Intercontinental Exchange ICE - (the owners of the NYSE) is starting a futures market at the end of January 2018 called BAKKT - https://cointelegraph.com/news/nyse-operators-bakkt-confirms-end-of-january-launch-date-for-digital-assets-platform.
BAKKT will be settled in bitcoin.  Because it's settled in bitcoin "They" can't just make a bet on what will happen on the exchanges then manipulate the price down.  BAKKT will have to enter the market and buy the bitcoins and move them to their wallet.  This will significantly drive up the price of Bitcoin.. 
So basically we are watching a reverse of last year "They" are driving down the price of bitcoin in anticipation of the futures market driving it up which starts at the end of January 2019.
Once bitcoin moves up the entire market will move with it.  Bitcoin is a lot more scarce than most commodities and has a set number - "Physical" futures market should propel it to ATH.  XRP and all ALT's will go along for the ride.  
Would like to hear other's opinions. Especially why I am wrong.
 
 

Funny as always. *slowly claps* 

Oh, don't worry - 'support' is not far away.
I recall the same noise when XRP dipped below $2.

And I am sure the ones calling you a troll have fallen silent.  That will be conveniently forgotten.
Now $3 EOY seems wildly optimistic unless some huge breakthrough occurs.

My buys got filled between .38 - .34 as I expected. New sell orders set to levels few cents up to add selling pressure. Bitfinex showing quite a wall at .37 and in case XRP won´t climb back at all, this all indicates to me that there is an instant selloff after buyins at .34, selling all they´ve got to buy below ticker and are able to sell soon, below .37 it now seems. I´m laddering my buys and anything I get, I set instantly back to market for upwards moves to sell. Now that we reached SUPPORT (edited) here, I remove all my buy orders downwards until closer to .25 and wait and see which decision market makes. Reminds me of september 20 - 21 but other direction, when price held steadily at .45 before sudden spike to .75 in 3 hours.This could continue fast.
When I am building long positions, by setting sell orders 1 - 2 cents or 5 - 10 cents higher means I am part of the market and make it harder for any upspikes to happen without prior notice and it helps "feel the pulse" much better. If there are no buyers at this level, there definitely is need to push it lower below .32.
Next strong support if this won´t hold here, is around .25, since we now know any downward pressure takes us well below .32 
 

LOL, that is hilarious. Says a lot about these 589 moonboys.

This crypto market is the great leveler - all the pompous posturing and nonsense results in nothing more than tossing darts at a board.

Drops mic. I rest my case.

Looks like we are headed to hit .15 first.

Why do new technologies like crypto tend to bubble up? Because it’s very hard to value a new technology’s intrinsic value using traditional valuation methods (present value of discounted future cashflows) as they generally don’t generate any cashflows until very far into the future. In the case of XRP this becomes even more difficult as many of them will never generate cashflows and yet will nevertheless be incredibly valuable.
 
HODL

Too many nights in farang drinking cliques will do that to you! 

Why do new technologies like crypto tend to bubble up? Because it’s very hard to value a new technology’s intrinsic value using traditional valuation methods (present value of discounted future cashflows) as they generally don’t generate any cashflows until very far into the future. In the case of XRP this becomes even more difficult as many of them will never generate cashflows and yet will nevertheless be incredibly valuable.
 
HODL

I would love to see their Linkedin pages. That way I can see what their credentials are, besides beta males that stay home and watch the kids or play Battlefield 5+. 

What people need to understand is he is not in crypto, he is a forex trader, the only reason he analysised BTC was case a lot of his followers asked him to do so. It's an unbiased opinion baseded on TA. If you want to see his history check out his YouTube channel, he has some very insightful information when it comes to trading. 

Invest $1 mill now and enjoy big profits when we hit 75cents. 

Thailand is basically one of the easiest places in the world to rent cheaply too.  He ****** up big time.

On July 8, 1932 the DOW closed at $41.  The crypto market is not sacred by any means.  Anything can happen here.

Nonsense. I'm sure "Most" on this forum who are actually invested would prefer see their investment appreciate.