Jump to content

$251.51 Million Not Sure I feel about this


Recommended Posts

  • Replies 152
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

As @Zedy44 says, the big take away is the redirection of institutional buyers to market to buy XRP. VERY IMPORTANT. Firstly (and obviously) this means more buy pressure on the price. Secondly (an

Yes they are selling record amounts of XRP, but also simultaneously agreeing that going forward OTC sales will be handled differently.  One big item mentioned was the elimination of OTC sales for inst

Many people look through the lens of "retail investor".  They actually think Chris Larsen, Jed, Schwartz et al are selling with the same mentality as a retail investor.  First thing's first: these peo

Posted Images

6 minutes ago, ZzZerper said:

https://www.ripple.com/insights/q2-2019-xrp-markets-report/

XRP has underperformed the last 6 months compared to other crypto.

A period when Ripple has sold record amounts of XRP, not to mention seeing even David S sell a substantial amount.

How do you feel? Makes me feel uneasy TBH.

This has been heavily discussed all over this forum.

Also the report addressed the amount they have been selling in Q2 and how it will be reduced going forward.

Link to post
Share on other sites

I struggle a bit with referencing daily volumes. If 10s -100s millions of new tethers can have such dramatic upward effect on BTC, surely sucking hundreds of millions of real $$$ out of XRP market can have a big impact. Please tell me if my logic is wrong. I really want to stop worrying so much about this.

Link to post
Share on other sites
5 minutes ago, XRP-JAG said:

As @Zedy44 says, the big take away is the redirection of institutional buyers to market to buy XRP.

VERY IMPORTANT. Firstly (and obviously) this means more buy pressure on the price. Secondly (and maybe over looked) is that Ripple believe now that the market is in a position to support them orders. This now is the part where the organic growth in the XRP market comes in. Your 'Marker Makers' etc step in to meet the demand rather than Ripple.

Fantastic news! :D

I'm out of the loop on this. Institutions now have to buy on the open market?

Link to post
Share on other sites
8 minutes ago, XRP-JAG said:

As @Zedy44 says, the big take away is the redirection of institutional buyers to market to buy XRP.

VERY IMPORTANT. Firstly (and obviously) this means more buy pressure on the price. Secondly (and maybe over looked) is that Ripple believe now that the market is in a position to support them orders. This now is the part where the organic growth in the XRP market comes in. Your 'Marker Makers' etc step in to meet the demand rather than Ripple.

Fantastic news! :D

 

Link to post
Share on other sites

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.