YouTrader
Short

|| XRP will be on SALE | 0.16 CENTS by MID-DECEMBER ||

BITFINEX:XRPUSD   XRP / U.S. Dollar
Hello again my friends, XRP is setting up for what I like to call a painful meltdown.
Why? Because adoption of XRP by big banks/institutions will not be at 0.25-0.30 cents, that is too expensive. They can get 2X the amount of XRP by pushing the price down.
I mean would you rather have 500 XRP for $150 or 1000 XRP for $150. You answer it.

HODL your seats, and get ready. The roller coaster will be mad.
Comment: Tick. tock. Tick. Tick. Tick
Get ready for a massive dump around the end of this month anywhere from 2 cents to 4 cents in one day.
Comment: Let the show begin ...
Comment: 0.17 HIT.
Awaiting 0.16 ... Tick ... tock...
Trade closed: target reached:

Comments

Banks couldn't care less what the price is. They buy it and sell it within 3-5 seconds, that's the whole point of it. They just source it for liquidity, they don't hodl lol.
+3 Reply
YouTrader WinVested
@WinVested, that's what Brad said. However, Banks need can profit from stacking XRP (price differences)
btw some banks trade drugs (research it) ... but I hope what you're saying is 100% correct though.
Reply
Even if i am so bullish on xrp, it can happen we are going to 0.17 & 0.16 and then going back to 1.$ so you scenario is not wrong at all for me. on xrp
Reply
Institutions and banks have alrdy been buying g at .40 .30 ect for several years now. So ur reasoning is dump.

Why buy at .16 when u can push down to .08 or .04 or .02.?
Reply
YouTrader ThumbSkin
@ThumbSkin, because Ripple can't allow that. For various reasons.

But we'll meet here on 15th December, and see if I'm truly crazy or not
Reply
ThumbSkin YouTrader
@YouTrader, I'm not disagreeing that price cant keep going down. Just ur reasoning is not accurate
Reply
I doubt it due to the increasing 24 hour volume
Reply
YouTrader cryptoaruntx
@cryptoaruntx, you have a point. However 24hr is nothing major right now.. it can be a bot sending XRPs back and forth for arbitrage.
We'll meet again here on 15th Dec.
Reply
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