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fineregex
May 13, 2017 11:39 AM

RIPPLE SHORT  Short

XRP / BitcoinPoloniex

Description

Obviously Short after >35x in dollar value.

Enter for some weeks or days to come.

Keep in mind you can hardly catch the top, the best moment.

Acting rationally collectively we can improve the state of crypto
and reduce the amount of squeezes, forced liquidation victims due to price manipulation and gambling hysteria.


  • Ripple code saw 3 times fewer developers (code contributors) yet than Dogecoin. 5 fewer than Ethereum and 20 times fewer than Bitcoin - Only Stellar and Golem saw some fewer Developers than Ripple just yet.

  • "More and more banks" (vs. "how many banks quietly are undecided or decided against ripple already?)
  • "Lock in rumor" : Weak attempt for another second pump? Wouldn't hardly matter much, nor very long term, if it was true.

  • "More down to earth than Bitcoin" : Other Cryptos also target business customers but most crypto seems to be in a bubble now and Ripple the most.

Comment

One more thing: The maximum intended value of ripple as a business (potential)
may be as much as the SWIFT (+ plus as much as a few services like XE, Transferwise and a big Broker/Trading provider)
Correct? - So at near $20 billion marketcap, by how many times do you expect ripple to grow still, if any?

Comment

more precisely, the SWIFT for example sais they just earn 20million/year in net profit


And i felt like reacting to this SHORT that turned LONG at high TP
(even though i was typing too quickly)
Comments
SammyOne
AGREE!!! Finally! Someone making sense. People seem to think exponential growth is sustainable. Exponential growth in nature is called cancer. I look at a 7B marketcap for Ripple and I laugh that it could possibly be valued that high. Why would it have 5x the marketcap of Litecoin? Because 1 bank in Spain has announced they are looking into it? Bank of America is integrating Ethereum blockchain, actual use case, for a real product, and Ether is only valued at 8B.

Ripple will become a famous pump and dump for this year. My opinion is a 3B marketcap for Ripple is healthy until actual use cases and real world consumer products are built with it. But 30B like a lot of these fools are saying, is a good way to get rekt.

My favorites right now are Mobile Go ICO, ends in 10 days. Real consumer product ready to launch + biggest ICO in history is a fantastic combo IMO. And the sleeper I like is Waves. More advanced technology than Ether, is about to have Mobile Go, largest ICO in history, launch on it's network, plus several other ICOs hitting soon, like ZrCoin, also in ICO, also a favorite of mine, all on Waves network.

I like to look in the darker places, I tend to ignore the hype and shouting, and if there is a lot of noise around one coin, like XRP, I'll be extra, extra cautious.
fineregex
One more thing.
The maximum intended value of ripple as a business (potential)
may be as much as the SWIFT (+ plus as much as a few services like XE, Transferwise and a big Broker/Trading provider)
Correct?
- So at new $20 billion marketcap, by how many times do you expect ripple to grow still, if any?
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