Jump to content
Chewiecoin

What if we are still at $1 in May

Recommended Posts

9 hours ago, XRPboi said:

They are keeping the price very stable for a reason - whether they explicitly admit it or not. FI's don't want volatility, at least not unless it is planned

 

8 hours ago, Spekul8 said:

No.   

Regulation is the opposite of manipulation. You guys are talking about manipulating the price of XRP to certain people’s agenda’s. I am getting a little fed up of this conspiracy talk without presenting solid facts, that is getting quite old imho. 

Anyone can shout the price is manipulated  downwards or to be ‘stable’ and people will believe it because they are disgruntled and looking for a reason their money is ‘gone’.

Sure, manipulation is around and in times it is clearly visible. But to claim a mysterious ‘they’ can control the price as much as they want is utter nonsense. There is no valid proof to back that up other than claiming all kinds of things and pointing towards the big bad old conspiracy theory, which is usually accompanied by coincidences disguised as facts. 

Edited by Plikk

Share this post


Link to post
Share on other sites
3 hours ago, Plikk said:

 

Regulation is the opposite of manipulation. You guys are talking about manipulating the price of XRP to certain people’s agenda’s. I am getting a little fed up of this conspiracy talk without presenting solid facts, that is getting quite old imho. 

Anyone can shout the price is manipulated  downwards or to be ‘stable’ and people will believe it because they are disgruntled and looking for a reason their money is ‘gone’.

Sure, manipulation is around and in times it is clearly visible. But to claim a mysterious ‘they’ can control the price as much as they want is utter nonsense. There is no valid proof to back that up other than claiming all kinds of things and pointing towards the big bad old conspiracy theory, which is usually accompanied by coincidences disguised as facts. 

This +1000. 

Share this post


Link to post
Share on other sites

My and my mate come in for the long game approx 20 years! (until retirement) Am hoping the 3-5 year will give us enough back to bring those 20 years crashing down! Can honestly say we will never cash out our entire bag - adoption baby, HODL the XRP, spend the XRP, donate the XRP and leave the XRP for our children!

Share this post


Link to post
Share on other sites
Guest
16 minutes ago, eXRPe said:

My and my mate come in for the long game approx 20 years! (until retirement) Am hoping the 3-5 year will give us enough back to bring those 20 years crashing down! Can honestly say we will never cash out our entire bag - adoption baby, HODL the XRP, spend the XRP, donate the XRP and leave the XRP for our children!

I wish I could get back to thinking like this 😂

Share this post


Link to post
Share on other sites
11 minutes ago, Paddy said:

I wish I could get back to thinking like this 😂

It really has been a long bear market huh? I have never had the benefits of seeing a bull market, we bought in mid 2018 and gradually bought more as the market fell in order to increase our average. Soooo looking forward to watching XRP rise in Dollar$ not cents...

Share this post


Link to post
Share on other sites
14 hours ago, Plikk said:

 

Regulation is the opposite of manipulation. You guys are talking about manipulating the price of XRP to certain people’s agenda’s. I am getting a little fed up of this conspiracy talk without presenting solid facts, that is getting quite old imho. 

Anyone can shout the price is manipulated  downwards or to be ‘stable’ and people will believe it because they are disgruntled and looking for a reason their money is ‘gone’.

Sure, manipulation is around and in times it is clearly visible. But to claim a mysterious ‘they’ can control the price as much as they want is utter nonsense. There is no valid proof to back that up other than claiming all kinds of things and pointing towards the big bad old conspiracy theory, which is usually accompanied by coincidences disguised as facts. 

I am not sure why you quoted me with the other guy as we do not have the same context. 

First, regulation is not the opposite of manipulation, regulation is the opposite of no rules. Even within highly regulated environments, you can manipulate. Second, I am not disgruntled. Quite the opposite, I am of the lucky ones who bought in the single penny digits and sold for dollars (near three) and was very lucky to have the intuition to do

Also, I am not saying that because prices are low, it is manipulated. But, when prices escalated from 20 cents to three dollars, that was a pure manipulation of the exchnages taking advantage of small investors with automated algo market makers.   When I argued this point months ago,  I was debated on this forum. Now we have the news that there are 5 legitimate exchanges that reported real trading. 

I am not a pessimist on XRP. Quite the opposite, I am encouraged that they have innovative technology.  But, as oppose Feb where everyone thought that each coin will solve a problem,  now we are going through a stage where players ask themselves if what they thought was a "for sure solution" is actually appropriate now.   

What we went through in Feb 2018 was once in a lifetime. In three days, we went through something that it takes major companies 20-40 years in the stock market! These are companies with solid returns.  Now people expect the same cycle, and maybe it will, and for many folks here, I hope this is the case.   

There is no need to attack those of us who say that as an investor, you should be open-minded to many ideas. The biggest asset you have is time, and if you waste in refreshing your quotes, and just stuck on one asset, in my opinion, it is a waste of your resources.   However, I respect the individual choices people make.  

Share this post


Link to post
Share on other sites

So crazy reading the early comments. You never see any of those users, less chewiecoin. It makes me wonder, what did they end up doing? Still hodling? Sell on the way down? Just gave up? I’d go crazy to sell at $1 right now. Reading this post puts a new perspective on this current market.

Share this post


Link to post
Share on other sites

I think many of the posters around that time have probably reflected and realised how much lots of us were caught up in this seemingly simple process of buy xrp it goes up 1000's of % and we all get rich. Anyone who bought pre dec 2017 or even better early 2017 can hardly be blamed for thinking that - however misguided it was. But it was misguided, not malicious.

Personally i think the days of 1000's of % increase are well and truly over. I had to sell my xrp fairly recently but will consider buying back - only if to see a slow rise to $1, $2, $3 or even a new ATH but i wont hold my breath. Lets face it an increase back to $1 would be a great return from where we are now.

What i just dont get is how XRP is so low compared to its ATH and BTC and others have flirted around the 50% mark. If only XRP was doing that i think many in here (me included once i had bought back) would be pretty pleased.

Share this post


Link to post
Share on other sites
1 hour ago, Dinoizzy said:

I think many of the posters around that time have probably reflected and realised how much lots of us were caught up in this seemingly simple process of buy xrp it goes up 1000's of % and we all get rich. Anyone who bought pre dec 2017 or even better early 2017 can hardly be blamed for thinking that - however misguided it was. But it was misguided, not malicious.

Personally i think the days of 1000's of % increase are well and truly over. I had to sell my xrp fairly recently but will consider buying back - only if to see a slow rise to $1, $2, $3 or even a new ATH but i wont hold my breath. Lets face it an increase back to $1 would be a great return from where we are now.

What i just dont get is how XRP is so low compared to its ATH and BTC and others have flirted around the 50% mark. If only XRP was doing that i think many in here (me included once i had bought back) would be pretty pleased.

I was one of those people. Sold some on the way down to buy a new car and house but left the rest thinking there was no way it'd go back to the 20s. Now my stack is a mere fraction of what it was in 2017 so I'm pretty sure I'll never get as close to a million $ as i once did. Was truly a once in a lifetime experience.

Share this post


Link to post
Share on other sites
8 hours ago, Dinoizzy said:

I think many of the posters around that time have probably reflected and realised how much lots of us were caught up in this seemingly simple process of buy xrp it goes up 1000's of % and we all get rich. Anyone who bought pre dec 2017 or even better early 2017 can hardly be blamed for thinking that - however misguided it was. But it was misguided, not malicious.

Personally i think the days of 1000's of % increase are well and truly over. I had to sell my xrp fairly recently but will consider buying back - only if to see a slow rise to $1, $2, $3 or even a new ATH but i wont hold my breath. Lets face it an increase back to $1 would be a great return from where we are now.

What i just dont get is how XRP is so low compared to its ATH and BTC and others have flirted around the 50% mark. If only XRP was doing that i think many in here (me included once i had bought back) would be pretty pleased.

1. A large part of the problem with XRP are the escrow sales (well "was" hopefully now that Ripple has revised their selling stipulations).

That has put a lot more sell pressure on XRP than anyone thought. (Yes, we all know Ripple has defended them but they were wrong about the minimal effect of escrow sales. They were obviously wrong or, unsure at least, or they would not have had to revisit the issue so many times, and ultimately decide to significantly reduce and halt sales in some instances now).

AND

2. I also don't know the particular agreements related to their OTC sales but I would hypothesize some OTC sales done way back, could potentially be available for selling off now, thus why XRP has performed so poorly despite its huge utility. Whether these OTC sales are governed by sell off time frames or daily volume metrics, I don't know but I would argue this is a valid hypothesis in either case.

-----I know the points I stated are heated topics for some people around here so feel free to shout and disagree.

But if you think my first two points are garbology, perhaps there just isn't much demand for XRP compared to other assets and the price is reflecting the fact that nobody else wants to hold it relatively speaking.

Edited by AlejoMoreno

Share this post


Link to post
Share on other sites
Guest
10 hours ago, CryptoBoiler said:

So crazy reading the early comments. You never see any of those users, less chewiecoin. It makes me wonder, what did they end up doing? Still hodling? Sell on the way down? Just gave up? I’d go crazy to sell at $1 right now. Reading this post puts a new perspective on this current market.

They were likely all paid Ripple shills to hype it up during the manipulated bullrun. They all cashed out and went to live on their newly purchased Greek Islands.

Chewie racked up 7000+ posts repeating ad nauseam how he believed in XRP fundamentals and would blurp ridiculous price figures. The chicken disappeared into his own moon club.

Share this post


Link to post
Share on other sites

Short time price movements are irrelevant in this immature and shallow market. I invested in XRP because of what Ripple is trying to achieve. I believe in their goal (creating an IOV), the technology and the quality of the team (and their professionalism to adapt to new developments). If they fail too bad but at least they tried. If they succeed the current price movements will not even be noticeable on the price chart. Time will tell.

Edited by ixarepe
Typos

Share this post


Link to post
Share on other sites
1 hour ago, Freaky said:

They were likely all paid Ripple shills to hype it up during the manipulated bullrun. They all cashed out and went to live on their newly purchased Greek Islands.

Chewie racked up 7000+ posts repeating ad nauseam how he believed in XRP fundamentals and would blurp ridiculous price figures. The chicken disappeared into his own moon club.

The chicken has moved on to a new chapter in his life - shilling CSC.

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

×
×
  • Create New...