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XRPcalling - One post per month until 12/2018

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i agree. eventually the entire 'down trending' chart is going to evolve into a simple curve upwards. any circle zoomed in far enough is comprised of millions of straight lines.

A true circle has no straight lines

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8 minutes ago, Ripple-Stiltskin said:

We must zoom out even further I guess.

Exactly right, make it 1 post a year.

Current price: .263
11.09.2017 price: .217

(annual chart)

Steady progress, everybody, time for champagne! We made 21%, many hedge fund managers would have killed for this!

Edited by Lamberth

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6 hours ago, Lamberth said:

Exactly right, make it 1 post a year.

Current price: .263
11.09.2017 price: .217

(annual chart)

Steady progress, everybody, time for champagne! We made 21%, many hedge fund managers would have killed for this!

Thanks for your effort but it's just not the same as hearing it from the man himself.

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Post 8 of 11
9/12/2018

Current price: .26
Last month opening: .43
(monthly chart)

So here we are. One month later at Post 8 of 11. Amazing how fast time flies, no? This is how serious investors actually invest. Once a month. Dont stare at the chart. Youll go insane.

777.png.923f211cb7c15c5bfb2f1a9976acdc9a.png

 

Another month has come and gone. It literally feels as if August didn't even occur. So what do we see here? Down down down. Looks like XRP is dead and we should all move on to something else.

Just kidding.

I fully believe in the concept touched on last month concerning 'zooming out' in order to see the whole POSSIBLE picture. Although the chart clearly shows XRP on a free fall, we have to ask ourselves.. is it really? is the chart REALLY a straight drop? Has XRP actually gone from the all-time high straight down to .26? of course, the answer is no. 

Take a look at the XRPUSD chart below:

888.png.7a9908dfddf539251ddc2f4b6de11bec.png

This is a to-scale chart / representation of past and current prices of XRP on the daily chart. As with everything in life, this chart is up to interpretation. The best we can all do is interpret to the best of our ability where we believe the price will head in the future. Are you a red line thinker? or a green line thinker? i believe in the green (although i do not ignore the possibility that the red could occur).

Looking at it like this shows a better picture of what is happening. ask yourself the following:

Why did XRP hit $3+ earlier this year?

If XRP hit $3+ on speculation alone, would it hit higher prices once Ripple's technology is implemented?

Is the chart really heading down or is it an incomplete curve headed up?

Should I sell based on the chart?

Notice how incomplete the chart actually is. really look at it. Stocks listed on NASDAQ, which have existed for decades, have charts 50 times as wide as XRP's chart. 

Let us observe ROKU's chart which began plotting it's price on Tradingview.com around the same exact time as XRPUSD:

999.png.92c10a8707e87270f8ae13b8995caa27.png

Between 12/2017 and 5/2018 ROKU was in free fall just like XRPUSD (red line). Imagine being an investor in ROKU, buying during the run up to $58 and watching your profits diminish as it fell to $28. Would you have sold? Many did sell at a loss thinking the price was going to continue to drop. Often times, investors believe what has occurred in the past will occur again in the future. 

As we can see from the above chart, ROKU in fact did NOT continue on the red line course and instead turned upward passing the ATH to $70. There are rumors that ROKU will one day be worth more than Amazon ($2,000).

Reviewing the many Topics and Posts on XRPchat.com, I sense most people are willing to wait in order to see what untimely happens to XRP. I am doing this as well. There is simply no reason to sell in fear at this point. Also, there is no reason to be angry with yourself for not selling when XRP was worth $3. Even more, do not be upset if you bought your initial position between $2 - $3. You made a choice based on the information you had available at the time.

This concludes Post 8 of 11. Only three more posts before the year is over! I will be back in October and look forward to any discussion which may occur here.Good luck to all investors. See you in a month.

Edited by XRPcalling

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Post 9 of 11
10/3/2018

Current price: .53
Last month opening: .58
(monthly chart)

So here we are. One month later at Post 9 of 11. Amazing how fast time flies, no? This is how serious investors actually invest. Once a month. Dont stare at the chart. Youll go insane.

First off, notice the above current vs last month prices. For the first time in a while, we have closed the gap. Very nice.

222.png.4b93ddd2c808e4fcee98c0cd295db3ff.png

It appears we have another bump up in price, which is nice, but before we get too excited there is a lot to keep an eye on. we had two other 'bumps' in 2018 which led to lower prices. The question now is, will this one hold or will be fall further?

I can finally say with steadfast confidence that this is more than likely the end of the drop (on average). Refer back to the previous post where you could decide if you were a Red Line person or a Green Line person. I believe the current chart is simply an incomplete curve upward, and although it may take several months, once complete we will indeed see the 2018 drop turn into the start of a much larger run up.

 

You decide if you are a Red Person or Green Person:

333.png.28a6da1f77e308edbd3197c66bcb5b7d.png

 

The Swell event was incredible. We received a lot of great news and updates. There is no purpose for me to explain everything that went on there; do a simple Google search for yourself. As usual, the news outlets are questioning WHY the price has not skyrocketed. BTC maximalists are touting that XRP failed at Swell and that XRP will ultimately fail. Of course, these are the same people who said xRapid would never go live... and now we know it has. And YES.. according to Brad, transactions HAVE already begun. 

Just wait until 20+ banks are using it, and I 100% believe this will occur.

Having Bill Clinton at the event was more of a publicity stunt than anything else. He obviously does not attend just any old convention regardless if he was paid or not. I believe it was good for him to be there; it shows legitimacy to Ripple (as several in here already pointed out).

So now what? Now we wait. How long do we wait? As long as it takes within reason. We have a great opportunity to bring in profits but we need to remain in the realm of reality. Im assuming we will see dollars in the next several months to year.

@MegaNerd asked if I thought XRP will ever hit $100.

Absolutely. Anyone throwing around the market cap argument has no idea what they are talking about. XRP could even break into the $1,000 range eventually. We simply do not understand the possible impacts this may have on the world economy.

Let's not forget years ago when the 'experts' who knew everything (including chart readers, math mathematicians, professional investors, know-it-alls, armchair wanna-be professionals, and fuddsters) all proclaimed it was completely impossible for Bitcoin to ever surpass the $100 level. They were wrong.

Guess what? Those chart readers, math mathematicians, professional investors, know-it-alls, armchair wanna-be professionals, and fuddsters never give up. Now that they don't have a podium with BTC anymore, they are now gravitating towards XRP. I say let them. 

Regarding those in XRPCHAT.COM trying to figure out how to sell for fiat, i wouldn't worry about it too much. Right now, the tables are starting to turn in favor for cryptocurrencies (becoming more understood, better implemented, regulated). With this, companies, industries, and corporations resisting crypto are doing so simply because they want to get it right the first time. Instead of jumping in immediately, and learning costly mistakes on their own dime, they want to see why current exchanges and companies fail. Once the big boys figure out how to perfect the art of including cryptocurrencies into their businesses, everyone will jump on board. Once this happens, you will be able to sell your XRP at your hometown bank.

It is only a matter of time before NASDAQ starts listing cryptocurrencies, including XRP.

Lastly, although I am not sure why people actually still believe the BG123 posts and images, it is interesting to see human nature do its thing; that people are willing to believe anything as long as the end results benefits themselves. It is simply impossible for XRP to reach $589 EOY 2018. Once we begin 2019, all of the BG123 believers will move onto the next set of 'clues' in order to keep their hopes alive. Human nature. Very interesting. 

This concludes Post 9 of 11. Only TWO more posts before the year is over! I will be back in November and look forward to any discussion which may occur here. Good luck to all investors. See you in a month.

Edited by XRPcalling

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Post 10 of 11- ONE MORE TO GO!
11/1/2018

Current price: .46
Last month opening: .58
(monthly chart)

So here we are. One month later at Post 10 of 11. One more before the year is over! Amazing how fast time flies, no? This is how serious investors actually invest. Once a month. Dont stare at the chart. Youll go insane.

 

888.png.ac83efdb7eecabe1725cab36044fe48e.png

So what do we see in the chart?  a lot of downward prices. Was 2018 a failure? To many I'm sure it was. How many people do you think bought at some point in 2018 and ended up selling because 2018 didn't make them millions? Im sure a lot.

Was 2018 an actual failure? No. As several people have pointed out, ignoring the run to $3 shows a very stable chart. Slow.. but stable. We have to look at this on a grand scale. We want XRP to hit $100 and higher, but it would be completely unsustainable. What would support a $100 price? Nothing. Because of this, we need to allow the many tidbits of news to take effect (which may take years). Once this occurs, the price will go higher.

I would be very surprised if the price hit $1 EOY. Predicting prices can be fun ( i was totally wrong at the beginning of the year with my $5.02 prediction), but it only goes that far. a prediction is a prediction; nothing more. There are still people admittedly set on thinking $589 is a 'real thing'. These people won't last much longer with their XRP investment. 

Go slow, focus on the grand scale of this. There are TONS of things in the works right now. Ultimately, with everything in the works, minimum price I suspect will be $80 within the next several years.

This concludes Post 10 of 11. Only ONE more post before the year is over! Can you believe it?I will be back in December  and look forward to any discussion which may occur here. Good luck to all investors. See you in a month.

Edited by XRPcalling

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I've really enjoyed reading this thread even if it highlights the dangers of making predictions in this market. 

On 11/1/2018 at 9:50 PM, XRPcalling said:

i was totally wrong at the beginning of the year with my $5.02 prediction

There was also this prediction from April which jumped out at me (and also, in his usual prescient and pithy fashion, @XRPto50dollars):

On 4/13/2018 at 5:59 PM, XRPto50dollars said:
On 4/3/2018 at 7:14 PM, XRPcalling said:

I dont believe XRP will fall below .30 ever again.

interesting

There were users who said we'd never go above $1 last year and it jumped to above $3. Then when we got above $1, there were even more people (including little ol' me) who said we'd never go below $1 and then "never below 50 cents" and yet we corrected to around 0.25. These are not margins of error.

Notwithstanding all that, the strategic decision to buy regularly still holds true today and would have provided a very decent DCA this year.

Just one last question if I may: your $5.02 prediction has developed its own... how shall I put this... notoriety (and will be celebrated accordingly), so I was secretly praying that you would keep your promise and not return until 27 December because it would have made for a spectacular return.

What happened?

 

 

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14 hours ago, Pablo said:

Just one last question if I may: your $5.02 prediction has developed its own... how shall I put this... notoriety (and will be celebrated accordingly), so I was secretly praying that you would keep your promise and not return until 27 December because it would have made for a spectacular return.

yes but we would have missed out on monthly updates 

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