Toroth Posted October 15, 2018 Share Posted October 15, 2018 Any thoughts? Link to comment Share on other sites More sharing options...
mrongey Posted October 15, 2018 Share Posted October 15, 2018 It's impossible to predict this market but it would be nice. It blows my mind when I think about the rumors and speculation that fueled last year's pumps, compare them to the enormous amount of tangible progress that has been made in the last year, and see that the price is only double what it was 12 months ago. 30k1m, ImTheRippler, Cesar1810 and 2 others 5 Link to comment Share on other sites More sharing options...
enrique11 Posted October 15, 2018 Share Posted October 15, 2018 Wasn't the issue last year with tether's bank? Link to comment Share on other sites More sharing options...
pumpndump Posted October 15, 2018 Share Posted October 15, 2018 Bubble popped no more last years. Nice steady rise through usage a real investors is what I hope for. Artificer and Geospectrum 2 Link to comment Share on other sites More sharing options...
Plikk Posted October 15, 2018 Share Posted October 15, 2018 (edited) Yes, history will repeat. Rome will conquer the world all over again. Edited October 15, 2018 by Plikk Babelly, automatic, LetHerRip and 4 others 1 6 Link to comment Share on other sites More sharing options...
trubbleinmind Posted October 15, 2018 Share Posted October 15, 2018 TinyRick, ChuckN, xp3215233 and 3 others 1 5 Link to comment Share on other sites More sharing options...
automatic Posted October 15, 2018 Share Posted October 15, 2018 It is possible, but that 2017 run was essentially a run into BTC followed by successive Tether-induced BTC pumps. The same players involved certainly still have the means to trigger a similar scenario, however since their methods are now widely known any such maneuvers would be likely to attract significant unwanted attention (public, regulatory). Additionally, exchanges seem to be quickly jumping onto TUSD, PAX, GUSD and USDC bandwagons which once in place will dilute potential market manipulation attempts stemming from USDT. Long story short, our climate at the moment is quite a bit different than it was in April 2017, so I think that a repeat is unlikely. One thing that is similar is that ETH took off at roughly that time frame; this time around the excitement seems to be around XRP. Cesar1810, Coco, Spartaksus and 5 others 8 Link to comment Share on other sites More sharing options...
bayarea510 Posted October 15, 2018 Share Posted October 15, 2018 So basically either the whole market will get completely destroyed and could take many years to recover or tether comes up with a means to stabilize itself and restore the public's faith and market continues going about its business. Plikk 1 Link to comment Share on other sites More sharing options...
mandelbaum Posted October 15, 2018 Share Posted October 15, 2018 19 minutes ago, Plikk said: Yes, history will repeat. Rome will conquer the world all over again. I'm all in. We should buy Capri and recreate the splendor of Augustus's reign if we get rich. Hail Fisah! Link to comment Share on other sites More sharing options...
Plikk Posted October 15, 2018 Share Posted October 15, 2018 7 minutes ago, mandelbaum said: I'm all in. We should buy Capri and recreate the splendor of Augustus's reign if we get rich. Hail Fisah! mandelbaum 1 Link to comment Share on other sites More sharing options...
GiddyUp Posted October 15, 2018 Share Posted October 15, 2018 Link to comment Share on other sites More sharing options...
Guest Posted October 15, 2018 Share Posted October 15, 2018 48 minutes ago, bayarea510 said: So basically either the whole market will get completely destroyed and could take many years to recover or tether comes up with a means to stabilize itself and restore the public's faith and market continues going about its business. Whatever happens, Tether/Bitfinex won't make it. They are involved in to many crimes. Link to comment Share on other sites More sharing options...
bayarea510 Posted October 15, 2018 Share Posted October 15, 2018 4 minutes ago, Zielonegrabiezawszewmodzie said: Whatever happens, Tether/Bitfinex won't make it. They are involved in to many crimes. Yeah I doubt they will make it. I just hope things stabilize because this could be devastating for everyone. Our xrp will go back to very little worth and all the effort and achievements the crypto community has made will be F***** just because one company/exchange screwed things up for everyone. This will make media tear alive crypto calling it "the biggest scam ever." Maybe I'm just overthinking thinks (I hope so). On the other end we have a real use case with customers so hopefully we will recover in the long run. It will definitely shake investor's/banks confidence for now. Link to comment Share on other sites More sharing options...
Julian_Williams Posted October 15, 2018 Share Posted October 15, 2018 23 minutes ago, bayarea510 said: Yeah I doubt they will make it. I just hope things stabilize because this could be devastating for everyone. Our xrp will go back to very little worth and all the effort and achievements the crypto community has made will be F***** just because one company/exchange screwed things up for everyone. This will make media tear alive crypto calling it "the biggest scam ever." Maybe I'm just overthinking thinks (I hope so). On the other end we have a real use case with customers so hopefully we will recover in the long run. It will definitely shake investor's/banks confidence for now. I don't think so. FIs would support XRP to keep its price up and then all the frightened money would flow into XRP as a safe haven. Cesar1810 and tvde 1 1 Link to comment Share on other sites More sharing options...
Xrpforme Posted October 15, 2018 Share Posted October 15, 2018 34 minutes ago, Julian_Williams said: I don't think so. FIs would support XRP to keep its price up and then all the frightened money would flow into XRP as a safe haven. This! Thought exactly the same thing. Panic will ensue and people will look to bail into something else. Also, Tether is micro sized compared to the broader market. Not like if everyone bailed on USD and tried to pull out. There might be short term pain but also, anyone worried is probably already shifting from Tether to uSD or another stable coin. Look at Bittrex. It has like 3 stable options. Julian_Williams 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now