63% of Ripple XRP Community has gone for good

[xerxesramesepolybius]

https://decrypt.co/25822/63-of-the-ripple-xrp-community-has-gone-for-good

well i am still really interested I wonder what similar stats for participation on other forums look like, like XRPChat

[Guest]

Ok, great bait

In brief

• Over 63% of Ripple's Telegram community members have left over the past two years.
  • But then the title says 63% of the Ripple (XRP) community has gone for good. Which is it then, all of us or just telegram users...And the best info we have is according to data collected from Telegram chat groups by a pseudonymous crypto trader. Can I hahaha on this?
• The price of XRP is currently down 95% since its all-time high in January 2018.
  • In a shocking turn of events all other altcoins (and bitcoin 70%) went down over 90% too.
• Previously, unhappy XRP holders even threatened to fork the token unless Ripple stops dumping it.
  • Read, some twitter troll said something "I fork, you fork, we fork" on the internet. That's not holders that just random twitter shizzle...

What a waste of time...

[Guest]

34 minutes ago, xerxesramesepolybius said:

well i am still really interested I wonder what similar stats for participation on other forums look like, like XRPChat

When I see posts like this I want to hit that "delete account" button in my settings...

[Benchmark]

Hahaha I love crypto journalism, never seen such a bunch of useless clowns.

In the dictionary entry for 'retardation', crypto journalism should be mentioned as a prime example.

[Trisky]

3 hours ago, xerxesramesepolybius said:

..still really interested I wonder ..

Do you need help with some serious topics from us to bring doubt and fierce discussion?

Or you could drop it on Twitter, maybe the XRP Army will respond and a healthy discussion starts about Twitter banning real developers while trolls run freely?

[xerxesramesepolybius]

2 hours ago, Trisky said:

Do you need help with some serious topics from us to bring doubt and fierce discussion?

I am very interested in the excellent work some on forum are doing in ODL analysis. Not sure you are the right person to help.

but going back to topic. There is obviously an element if FUD to articles like this but it does raise a very valid point about interest in crypto, which we need for price appreciation. 
The general level if interest, even amongst enthusiasts seems to continue to drop and I do genuinely wonder how interest is holding up in other forums.

crypto twitter was always dire. Reddit just seems full of bitter people. I think XRPchat is holding up fairly well but not the same as in past, when I was just a lurker.

 

[Caracappa]

42 minutes ago, xerxesramesepolybius said:

but going back to topic. There is obviously an element if FUD to articles like this but it does raise a very valid point about interest in crypto, which we need for price appreciation. 
The general level if interest, even amongst enthusiasts seems to continue to drop and I do genuinely wonder how interest is holding up in other forums.

It's not fud, its logic and how a investment cycle works. The more I read and see people leaving and selling the closer we get.

Interest in crypto has to drop before a new cycle can start (depending on what you count as the start of a cycle). If everybody that invested would stay in crypto, price would not appreciate, unless something big fundamentals happened.

Luring new and old retail investors back in is needed towards the end of a new bullrun to offload onto, not to start one, as 95% is supposed to lose money.

Interest in crypto comes back once the price is going up and regular news outlets start reporting on that again. 

The bearmarket is supposed to convince as many investors as possible to give up and exit, and therefore usually takes more time than a bullrun. And only then can profits be maximised.

[xerxesramesepolybius]

Surely any bull run needs new investors to take off not to dump on?

95% are supposed to lose money? Genuinely curious where does that concept come from?

[Caracappa]

5 hours ago, xerxesramesepolybius said:

Surely any bull run needs new investors to take off not to dump on?

95% are supposed to lose money? Genuinely curious where does that concept come from?

Imo there is still a difference between stock and crypto. Crypto is so small and manipulated compared to stock and relies on short triggered bull markets and long correction.

'Smart money' accumulates assets that have potential when unexperienced investors lost interest or have given up. So usually when the markets are down the drain. 

I like how galgitron describes the manipulation 

http://galgitron.net/Post/The-Anatomy-of-a-Whale

95% is a figure of speech, but every dollar a person makes is a dollar someone paid. It is not made out of thin air but a trade between buyer and seller. So for you to make 10x returns others have to lose. Ofcourse as long as new money keeps pouring in prices go up for a while, people make money and everybody is happy in paper. Untill it stops, corrects hard and people lose.

https://money.stackexchange.com/questions/14144/is-it-true-that-90-of-investors-lose-their-money

[Lamberth]

6 hours ago, xerxesramesepolybius said:

Surely any bull run needs new investors to take off not to dump on?

95% are supposed to lose money? Genuinely curious where does that concept come from?

http://jpkoning.blogspot.com/2018/10/bitcoin-and-bubble-theory-of-money.html

[Archbob]

No, its been pretty apparent that social media hype on xrp isn't quite at the level it was, many of the 589 idiots have left.

[Black]

That’s what happens when you make a damn internet coin your life. You get burned out by the bear market

[xerxesramesepolybius]

10 hours ago, Lamberth said:

http://jpkoning.blogspot.com/2018/10/bitcoin-and-bubble-theory-of-money.html

That was a fascinating article, thanks but the conclusion was

“But bitcoin's true role has already emerged. Bitcoin is a successful decentralized gambling machine, an incredibly fun censorship-resistant Keynesian beauty contest.“

and by inference all other crypto too (as long as there is sufficient publicity to drag people to the Casino).

Is that what you really think of XRP?

 

[xerxesramesepolybius]

10 hours ago, Caracappa said:

So for you to make 10x returns others have to lose. Ofcourse as long as new money keeps pouring in prices go up for a while, people make money and everybody is happy in paper. Untill it stops, corrects hard and people lose.

So it is and always will be a zero sum game like gambling where the only people to consistently win are the owners of the casino ie Ripple and co ?

don’t think I like that idea.

[xerxesramesepolybius]

21 hours ago, Trisky said:

Twitter banning real developers while trolls run freely

I agree trolls, shills and all manner of ban people run free on twitter but what real developers run free. They banned that Geoff goldberg guy who claimed the XrP army was largely a collection of bots.