Why Red?

[21x2]

Again panic sellers?? ?

Why??? 

Should buy some again,... Patience Hold 

[marousi]

Always good to buy the dip

[bayarea510]

Isn't there another futures contract expiring this week?

[Campesino]

1 minute ago, bayarea510 said:

Isn't there another futures contract expiring this week?

On the 26th is what I think I'd seen mentioned

[Greeny]

The question I have is why does XRP seem to take it worse than the other coins on the bloodbath days.  I see more positive articles about Ripple and XRP than any other blockchain.  XRP is normally loosing 16% where as the others lose like 10%.

 

[OldManWinter]

I saw this mentioned as a possible reason why it's falling again.

https://cointelegraph.com/news/indian-banks-suspending-bitcoin-exchange-accounts

Personally, I'm tired of the governments trying to kill this market.  This market has generated more wealth for normal people than anything any government has ever done (IMHO) and yet all these countries would rather kill (at the very least hurt normal people) this market.

[21x2]

3 minutes ago, Greeny said:

The question I have is why does XRP seem to take it worse than the other coins on the bloodbath days.  I see more positive articles about Ripple and XRP than any other blockchain.  XRP is normally loosing 16% where as the others lose like 10%.

 

I don't understant That too.

Very positive news always but down... 

Can't believe it's still a correction or maybe it must have been a bull trap

Or Government things

Edited January 22, 2018 by 21x2

[OldManWinter]

3 minutes ago, Greeny said:

The question I have is why does XRP seem to take it worse than the other coins on the bloodbath days.  I see more positive articles about Ripple and XRP than any other blockchain.  XRP is normally loosing 16% where as the others lose like 10%.

 

My personal opinion is that the XRP market is so much easier for the whales to manipulate than any of the other coins.  I don't know why that is but like you say, every time there's a dip, XRP falls off the cliff.  From ATH, BTC is still over 50%, ETH is over 50%, LTC is over 50%, XLM is over 50%, XRP...less than 33%..yet XRP; from what I have read, is the only one that is actually being used for a real world purpose.  Other than crypto kitties that is.

Edited January 22, 2018 by OldManWinter

[iLeeT]

I love how the price just tanks by 10% when some random government goes out and threatens something as if this *global* market should give a flying fuсk about it..

And by the way, I think BTC futures is probably the worst thing that has happened to crypto in the last 6 months.

[bayarea510]

We're quick to drop and quick to recover 

[21x2]

You can make nice rides if You see the pump and dumps at bitcoin for instance but also the other coins 

Panic is always oversold

[OldManWinter]

1 minute ago, bayarea510 said:

We're quick to drop and quick to recover 

I don't necessarily agree that we're quick to recover.  We lag all other coins when recovering.  But I will say this.  When we do recover, it's huge because of the pent up demand that is suppressed.  Look at December.  Just my humble opinion.

 

[Guest]

How low do you guys think we'll dip this week?  Hoping to buy a bit more.

[susli]

Xrp had been staying around 20 cents for the majority of last year despite the amount of good news while bitcoin and other alts kept going up. Until December when the whales can no longer suppress the pressure. Then they release the valve, let the price skyrocket, and took their profits.

unless it gets regulated this is actually very good not only for the whales but also for you if you play along.

 

It is too early to tell as the entire market is still adjusting from last December’s surge, but i believe it is likely we will get stuck in another long dry cycle of price suppression.

Edited January 22, 2018 by susli