ripplezzz 4 Posted November 24, 2017 Share Posted November 24, 2017 (edited) Why is it falling? Edited November 24, 2017 by ripplezzz sophievu 1 Link to post Share on other sites
crypto2libertas 105 Posted November 24, 2017 Share Posted November 24, 2017 I wouldn't mind if it is falling by another 5-7 cents so I can buy much much more JA8 1 Link to post Share on other sites
corak 1,191 Posted November 24, 2017 Share Posted November 24, 2017 (edited) The only thing that seems to be propping up XRP above 20c is a non stop barrage of news, I don't think you'll have to wait long. 17-18c will be more difficult but it's XRP after all, so who knows. Another 3-4 xCurrent clients should probably do it. Edited November 24, 2017 by corak Insoniac and robertbruce 2 Link to post Share on other sites
sophievu 53 Posted November 24, 2017 Share Posted November 24, 2017 Xrp seems no buyers only sell people. Link to post Share on other sites
Winteriscomming 296 Posted November 24, 2017 Share Posted November 24, 2017 Again, everybody wants moon but the price action here is to buy low jaja Link to post Share on other sites
robertbruce 736 Posted November 24, 2017 Share Posted November 24, 2017 23 minutes ago, ripplezzz said: Why is it falling? it's not falling, it's "rippling" or "zerping", it does this all day long. It has a quick break while the sun's over the pacific, then it starts again.. Insoniac 1 Link to post Share on other sites
Mitcheeb 103 Posted November 24, 2017 Share Posted November 24, 2017 Well have to say that was disappointing.. thought we might have had a bit more action than just selling for profits.. !... maybe the afternoon sleep and Friday sundowners has halted trading in China !.. Link to post Share on other sites
robertbruce 736 Posted November 24, 2017 Share Posted November 24, 2017 this week there has been a salvo of news and that usually takes a few to five days to sink into genpop... i think this weekend, if blockstream & jihan have a breather, xrp is going to be busy for new bulls & hodls... Link to post Share on other sites
RippleSider 432 Posted November 24, 2017 Share Posted November 24, 2017 Not very impressed by the chinese huobi pro performace):) Link to post Share on other sites
robertbruce 736 Posted November 24, 2017 Share Posted November 24, 2017 geeesh, it's dinner time for them, let 'em eat... Link to post Share on other sites
Guest Posted November 24, 2017 Share Posted November 24, 2017 Unlike the rest of you, I am in for the long term, so I do not really care about the day to day price fluctuations Link to post Share on other sites
RippleSider 432 Posted November 24, 2017 Share Posted November 24, 2017 2 minutes ago, Coretex said: Unlike the rest of you, I am in for the long term, so I do not really care about the day to day price fluctuations So just dont read stuff like that, or you will commit a fault sooner or later Link to post Share on other sites
Winteriscomming 296 Posted November 24, 2017 Share Posted November 24, 2017 1 hour ago, RippleSider said: Not very impressed by the chinese huobi pro performace):) Take into account that western and Europe already knows the asian behaviour and influence in the crypto market so IMO we are the ones that are selling XRP for fear of this asian market not them. Link to post Share on other sites
Javim777 462 Posted November 24, 2017 Share Posted November 24, 2017 A new exchange is good for XRP liquidity but! A new exchange means the market makers (Huobi pro) get a lot of XRP at good price to make the market. If the price sky rockets the first hour its good opportunity for them to sell high and later buy back low. Plus I dont think that they will allow $0.3 xrp in Huobi pro while in Bitstamp there is no such huge demand to follow up this rise. I think that they need to offer a similar (Not exact) price tag with tightest spread in all exchanges. However, XRP ecosystem is growing and paving the way for XRP goal as bridge currency. Link to post Share on other sites
rootvegetable 1,040 Posted November 24, 2017 Share Posted November 24, 2017 The more places xrp is traded the better. Huobi adding xrp is good news. Over the coming weeks we'll see if it adds much to the overall volume but that could be hard to determine. In less than 24hrs Huobi represents about 2% of the overall volume but I'm not sure there's a way to distinguish whether that's additional volume, or existing volume moved to a different exchange. Link to post Share on other sites
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