Who's loading up on XRP during this dip?

>dip

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damn had a little action there for a sec

Pretty big spot here...

if the downtrend continues though it's not going to stop anytime soon.

Yes, what's the problem?

looking at time, 30 minute, and 1 hour charts on binance it looks like 50-51 is the bottom but thats just my personal analysis

im thinking of picking up rn at 7500-7560 sats and setting a tight stop loss maybe 7400 sats

i will wait for 2 cents or lower and not buy this crap since its going to zero lol..

how is a 20.5 billion MC coin going to zero

XRP had 4 billion in 24h volume. Almost double that of ethereum.

You guys need to stop playing make-believe day traders and zoom out to the daily. Last two times the MACD crossed this hard with this volume on the daily XRP went on a 20 day tear.

Couple days of draw down, sideways action before next leg up in XRP/BTC heading into Swell.

A stop-loss that tight in crypto is pointless. It'll get hit. You're suggesting you can call the perfect entry, which you can't.

Also if you need a stop-loss that tight then you've committed to the trade. a 5% stop-loss should cover you if you have proper risk management

so youre saying its worth buying rn around 50-51 and holding through the next couple days?

ok thank you for the actually useful thoughts and input

Yes. I expect this rally to continue into October. This is a hype rally off swell and Xrapid production rumors.
The charts, dates and news all line up for this. If you want in, now is the time and expect a dip as low as 7100 before the next leg up in a few day.

in USD terms i think it will continue well into the end of the year.

do you know what "painting the tape" is?

90% you fags buying/trading this shit coin have no idea that it's the oldest trick in the book on wall street.

the price action on this thing makes it so damn obvious.

I agree with this sentiment.

awesome thank you user.

I'm optimistic iv'e just gotten so numb to even "sure" things taking a turn for the worse in 2018. It's been a really tiring year.

good luck user. i hope you get a nice surprise to make up for your tiring year

Tell me about it! I feel the same

Biz and pol are 100% NPC's

>$.50 is a pretty hard psychological floor. If it breaks through .47-.48 its just going to bleed.

wrong it's a falling wedge on the 5m it's going to rebound

>do you know what "painting the tape" is?
you moron the vast majority of the trading was with fiat pairs

most likely an xrapid production test

> Who's loading up on XRP
retards that missed the pump

are you fucking retarded.

painting the tape can happen on fiat pairs you brainlet.

>most likely an xrapid production test
DELUSIONAL

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Yes goys, buy more (((XRP)))

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>most likely an xrapid production test

you can't be this retarded. xrapid tests would be facilitated on internal banking systems non secondary markets like exchanges..

you are dumbest moron on here.

NOT GOING MAKE IT

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explain how 4 billion USD was done by painting the tape

I made pic related thread 3 days ago but I'm still thinking about buying more.

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You Cleary don’t understand how xRapid works

It’s literally a secondary exchange coordination service

Well then you're retarded and mistook xrp pnd for a moonshot. Keep buying this trash, everyone smart enough knows where money are going next. Good luck holding it to 4000 sats though.

this is true. this guy fucks.

I guess 3x'ing your money in 3 days is retarded.

present me your orders

oh gotcha, 4 billion USD just out of nowhere pnd XRP?

Big money to be made on ripple. Starts 4th of October.

Nigger, I've seen xrp pnds more times than you've been on Jow Forums, this wasn't even a big one.
Also show me your longs, because you totally knew, amarite?

You are the dumb money.

I showed you proof that I created a thread about buying XRP. Why would I want to show a random user how much money I made? That would be idiotic.

why such a specific date?
im genuinely curious though. if this was a pnd, why is it not already below 40 cents?

Xrapid is a messaging system for nostro accounts between banks you moron. this has noting to do with secondary markets and exchanges like binance or other popular crypto currency exchanges.

the people buying this shit are dumb as they come because you can't even use the damn fucking token with the banks..

its a Business to business model.

so why this shit coin is on the SECONDARY markets is beyond me.

k, you're dumb money
Because delusional bagholders that bought at 10k and got rekt immidiately still hope it will go up and don't sell. Bagholder mentality at its finest.

Nice try, IRS.

Just keep an eye on 4th. Can't tell anything else.

You’re actually retarded

xCurrent is the messaging service

xRapid is an on demand liquidity product that sources liquidity from local and foreign exchanges using XRP as a bridge currency. It is enabled by flipping a setting in xCurrent.

>Couple days of draw down, sideways action before next leg up in XRP/BTC heading into Swell
This. Swell is oct 1 so hype and pump with that. Plus xrp always moves in stair formations. Big vertical jump then sideways for several days.

It's not a pump n dump. That guy is salty because he missed an easy 3x

You look nervous lad. Go have a wank.

if you don't know what painting the tape is.. i suggest you go look it up right away.

something with regular rational market participants won't big up an asset from 24 cents to 80 cents in less than an hour.

someone or some group of people are painting the tape to get suckers to jump in as they off load their bags. oldest trick on wall street. but in crypto this tactic is rampant because its not regulated what-so-ever.

aight put in offer for 7100

it's a liquidity service BETWEEN BANKS you fucking moron... not exchanges.

you really think banks are going to use secondary market prices in speculative market with extreme volatility..

do you even know why banks have nostro accounts? its to hedge againts the currency risk in the foreign denominations of that bank account they own in the foreign country..

you have obviously haven no fucking idea what nostro accounts are and why they are used.

and the liquidity would be from OVER THE COUNTER in their internal networks. not secondary markets with retail speculators.

>24 to 80 cents in one hour

This is incredibly wrong, a lie, and just plain salty FUD. XRP opened at 45 cents today. It hasn't been lower than 25 cents since November 2017.

You will FOMO in by EOM.

What confusion of ideas leads you to believe that you can source liquidity on demand in seconds OTC

Fuck me the FUD gets worse everyday. Follow joelkatz on twitter and listen to what he says. xRapid coordinates the purchase of XRP from local exchange at one end and the sale of the same at the foreign exchange then xCurrent coordinates the movement of fiat

whether it be 1 hour or 4 hours..

rational market participants won't bid an asset from 21 cents to 80 cents then sell it off immediately.. painting the tape in this case is blatantly obvious

wtf are you saying about "opened up" at 45 cents today.

this shit is traded 24/7 365.

>Rational market participants

user I...

OTC is for INSTITUTIONAL buyers where prices are normally pre-negotiated or fixed for whitel-listed buyers.. I work at a bank. if you think banks are going to be buying XRP from speculators hahahaha dude think again delusional brainlet

i think the sell off at 80 cents was people taking profit. but its not like its going to be the last you ever see of xrp moonshotting. the other people have already stated reasons so im not going to but i think you are being unnecessarily doomsayer.

youre probably the janitor. xrp is an investment medium.

>beyond me

Wrong, you are describing xCurrent. It seems like most things would be beyond you.

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this thing going to 80 cents in less than 24 hours is because TWO large players are buying and selling to each other to artificially increase the volume..

traders see volume spike. they jump price goes up.

both participants dump there bags.

thats how it goes from 21 to 80 cents and back down to 40 with a a lot of dellusional bag holders.

i work on wall street for a major bank and the fact that you normies don't realize this is quite pathetic and hilarious quite honestly

the fact that you don't realize that banks have ZERO incentive to use Xrapid over Xcurrent is obviously beyond you.

they both do the samething. they don't need the damn fucking xrp to settle their payments of fiat currencies they hold.

they could skip all that bullshit cuz they have no interest in XRP.

What’s your average settlement time on an OTC buy you fucking retard?

Is it 4 seconds? Because that’s the settlement time on xRapid

How dumb are you exactly? Do you fetch the coffee at your work?

Pick up the phone to Ripple right now and ask them how xRapid works then kill yourself in shame for being this retarded

they OTC markets for crypto currencies you dumb fuck

fukn moon it m8s

Except that they don’t need prefunded Nostro accounts so they can put that capital to work?

Did you actually go to school or did your daddy get you a job in the mail room?

okay give me a list of exchanges Ripple Labs have official partnerships with

for this so called liquidity service.

bet you can't name one.

go kill yourself

You cannot fucking use OTC markets to settle in seconds you complete and utter retard

Sure here you go brainlet

coindesk.com/ripple-endorses-preferred-crypto-exchanges-for-xrp-payments/

hahah i work for JP Morgan and they don't give a shit about shit shit coin or their message network..

for the largest US bank not to give a shit about this garbage should tell your something about this PND shitcoin.

>i work on wall street for a major bank
most pathetic larp ever. kys

i can give you my broker CRD if you want me to email it to you..

form there you can look me up on FINRA and the SEC website.

"yes guys i work for JP Morgan really i do"

Lol one pump and dump and now all the newfags want to "accumulate" fucking xrp topkek

if youre really a broker for JPM then that just confirms that youre full of fucking shit. literally kys. go back to investing for geriatrics.

fyi the price on xrp just swung from 50 cents to almost 57. fuck off JPM geriatric investor.

>my dad works at Nintendo

Id you really work at JP Morgan can you prove it? I want to short their share price if so

Most nostro accounts are held with a handful of large US banks. Of course they’re not adopting because Ripple is literally the competion. Your bank benefits most from the current situation where small banks have large balances with your bank.

But laugh it up. You’re a newspaper and here comes the internet in 1999

I mean at 12 midnight (00:00) EDT. I did say opened "today" just so we have a frame of reference. I know how crypto works, dumbass. I don't get why you're so mad?

It's already gone up almost 20% while you sat arguing. You could've made money instead of bitching about how you know everything.

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Good job. I'm at the footy watching my team book its gf spot now so diff IP address but enjoy your gains

hahaha GO FUCKING KILL YOURSELF

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great. you confirmed that youre full of shit and that you invest for geriatrics in newspaper era stocks.

now go look at XRP rn and kys.

seasoned investment professional here.

don't buy XRP that shit is a PND piece of shit.

the faggots at ripple labs are painting the tape with this trash. stay away.

you samefagged yourself you moron

also who gives a shit if theyre painting the tape. YOU CAN STILL MAKE PROFIT. holy shit you must be the absolute worst broker ever

lol i made a fuck ton in cardano. and bitcoin. XRP is still trash.

big banks dont give a shit about ripple labs and i'm insider proof of it.

like i said go kill yourself

and youre missing out on gains with XRP. a good broker doesnt give up an opportunity to get gains. youre a shit broker. kys

i dont get clients into vehicles that are commiting rampant fraud. you don't see this same price action on other shit coins.

this one by far is the worst.

my clients have too much money to get in and out of this bullshit.

only faggot like you playing with 2,000 at most maybe.

enjoy playing with your peanuts

I agree it's trash. They wouldnt argue with you 2 days ago. They are just having retard dopamine hits.

COPE.

i make big bucks.. you live in your parents basement.