It's only about time before ripple will make a big spike. Ripple is a good idea to buy and hold for long term.
Stuff to remember:
— First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further
— Make sure the initial move is significant on the same timeframe as the one you use for viewing your candidate level most clearly
— Check the distance that price traveled before the trend ended, longer distances mean larger initial imbalances and improved probabilities in the future
— The strong initial move can contain a few small retracements but not so many that make this move slow and weak
— Avoid opposing levels on the same and immediately higher timeframes, prefer to have a clear road ahead for your trade to run
— Make sure your level is placed correctly (low for Demand, high for Supply) in relation to the big picture's important tops and bottoms
— Trading the first return of price to a valid "fresh" level carries the highest probabilities due to the larger imbalance
— A valid level is considered "fresh" if price has not returned to it since its creation. It has nothing to do with how old the level is
評論
⋅
As i mentioned, it was only about time that it will make a big spike. #Buy&Hold
Did any one watch SWELL conference ?
Ripple company said that they can produce unlimited ammount of XRP token so what that means for all owners of this crap ? Think !!!!
bkv1182
⋅
@matix17c, Just because they CAN doesn't mean they WILL... If you owned 6 billion coins would you do something to intentionally lower the price? Think!!!
matix17c
⋅
@bkv1182,
They dont care about the market price if they can create contract outside the bitfinex or other exchange... that would create the profit for them not a speculation.
wales can spec the price whatever they can but contract will be working for them. its really old token they wont need comunity or echange to make a profit
the company will create as much as they need for any contract involved.
Why would Ripple want a low price for XRP though? Ripple is the majority holder of XRP and would want the long term price to be as high as it can possibly be. So this would be a clever strategy to minimize their returns?
It's clearly in their interest to do everything they can to maximize the long-term price of XRP and get as much as they can for the XRP they hold. They have announced a strategy to do that and there's plenty of public evidence that they're executing on that strategy.
You would have to argue either:
1) Ripple is stupid, or
2) Ripple has no XRP strategy that could possibly work to raise the price over the long term and is evil.
Otherwise, there is no rational reason why they would not continue to execute their publicly announced strategy and do everything we can to maximize the price of XRP over at least the time it takes them to sell the XRP they have.
Whether they succeed in their goal is anyone's guess, but to suggest that that is not what they are trying to do is just ludicrous.
matix17c
⋅
@bkv1182, What i meant is having xrp give u nothing . Only company will get profit from contract . they are only one winner in this game
They will get paid for contract and they can produce and sell as much xrp token as they want
YOu as a stake holder will get nothing from contract
CNYANG
⋅
wow!!!amazing RR!!!!
VjosaRexhepi
⋅
Bro , Should we still hold it ?
tradewonk
⋅
@VjosaRexhepi, Yes, specially this currency, i'm holding at least till ripple is on $10
DmitryMayakovsky
⋅
@tradewonk, but he have 38,739,144,847 XRP. 10$ realy ?
tradewonk
⋅
@DmitryMayakovsky, You mean ripple has 38 billion XRP? doesn't matter, 70% of them are locked.
Ripple company said that they can produce unlimited ammount of XRP token so what that means for all owners of this crap ? Think !!!!