Post: $xrp ripple mooning?
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12-29-2017, 05:28 PM
#1
Glittery Penis Skittle
Rookie
01-05-2018, 05:23 PM
#29
Ludicrous Beach
Guest
Originally posted by Tustin
Opinions aside, you should really be paying attention to market cap and supply of these coins. I see a bunch of people be like “oh wow, Ripple is super cheap and it probably has a chance to become the next bitcoin”. When you look at market cap, this is the total amount of coins available multiplied by the current value. At the moment, Ripple is at a $138B market cap while Bitcoin is only at $254B. Of course it’s possible for Ripple to be higher than Bitcoin, but even then that’s not much more growth. The market cap would literally be larger than the entirety of the US stock market if Ripple would ever match Bitcoin’s current price. I like crypto as much as the next guy but I don’t think that’s likely to happen with a single coin.
Not trying to act like you thought the price would get that high; I just felt like clarifying this for anyone who reads this thread thinking Ripple is a bargain. There’s more to crypto prices than just the price itself.
Not trying to act like you thought the price would get that high; I just felt like clarifying this for anyone who reads this thread thinking Ripple is a bargain. There’s more to crypto prices than just the price itself.
Yeah i think a lot of the concepts are quite hard to understand and you'd need to do a lot of research and understanding into it if you wanted to make a lot of money properly, personally i just kinda of see it as a game more than anything, not too bothered if i lose everything or win 200% profit. Just for fun :p
01-05-2018, 05:47 PM
#30
Merkii
Former Staff
invest in bitcoin for the future of a global currency (once segwit is more adopted + lightning network)
invest in random alt coins to make a quick cashout
right now it looks like all the money people made from altcoins is being pumped back into btc causing them all to dip and btc to rise, probably a good time now to get into alt coins before they rise again but then again that goes against all trading logic. BUY HIGH SELL LOW
invest in random alt coins to make a quick cashout
right now it looks like all the money people made from altcoins is being pumped back into btc causing them all to dip and btc to rise, probably a good time now to get into alt coins before they rise again but then again that goes against all trading logic. BUY HIGH SELL LOW
The following user thanked Merkii for this useful post:
01-05-2018, 08:58 PM
#31
Glittery Penis Skittle
Rookie
Originally posted by Tustin
^ this. I can't see Ripple going up much more than it is right now. Another problem is some people have hundreds of thousands of Ripple, ready to dump at the right moment. I feel that'll trigger the beginning of a huge dip.
Originally posted by Tustin
You should never buy something at its ATH, especially something like Ripple. I actually cashed out mine when it hit $2.50 because i didn’t see it going much higher. I would just tell you to count your losses and take this as a learning experience but there’s always a chance it could rebound, even though I still think it’s overvalued at its current price.
Originally posted by VHS
At what price did you buy in at? And what exchange?
I had to buy in through BTC and then exchange for XRP when 1 XRP = 0.89 USD because I'm still waiting on Bitstamp verification.
I had to buy in through BTC and then exchange for XRP when 1 XRP = 0.89 USD because I'm still waiting on Bitstamp verification.
XRP is going to have a good year its jumped up 1 dollar within a month i got into it when it was .17 cents i put $50 into it
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