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Yes, but what? Ripple's seen maybe the biggest loss, but it's not clear that part of its loss isn't due to decreasing confidence in the underlying, which is bad

Yes, but what? Ripple's seen maybe the biggest loss, but it's not clear that part of its loss isn't due to decreasing confidence in the underlying, which is bad if you want to BTFD. Same can be said for many others. Though if you look at todays charts e.g. in ETH, it's clear someone's probably made good money intraday buying dips.

spdy 9y ago
Does it even matter? Everything went up LTC for example went from 3$ to 360$ Just wait till everything goes to the bottom and diversify between the top coins put them on an usb stick an forget about them until the next wave.
KasianFranks 9y ago
Agreed. Crypto is experiencing manipulation like stocks, bonds, debentures, CDs and derivatives of all kinds. Sharks, snakes, wolves are part of the game now for all kinds of reasons but the development communities also have a real chance at creating a better balance with assets based on the blockchain.
cableshaft 9y ago
Ripple will bounce back up (maybe not back up to $3 anytime soon, but I'm pretty sure it will go back up). A lot of people that got out are just trying to time the bottom as well as they can. I'm tempted to buy more myself. Part of me wants to wait to see if it drops more, part of me thinks I should just get in instead of trying to time the market and missing the opportunity.
- semi-extrinsic 9y ago
  Why so sure? It seems to have gone up based on the news that Japanese banks were getting involved, but then it turns out they likely won't use the actual coins, just the tech?
  - cableshaft 9y ago
    Just based on the general patterns and trends, and that it seems to be the favored coin of the banking world, at least so far. But I very well could be wrong. Someone can be very confident and very wrong. But as a general rule I'm conservative with how much I put into these things, just a small amount each month. I can afford to be very confident and very wrong about Ripple.
m3kw9 9y ago
A lot of people don’t understand how ripple works and how the underlying mechanism works, it seems far more useful than bitcoin because of the transaction speed. But I think it is going down because that is the one they went up the most recently, which means the gains are more likely from hype than anything

spdy 9y ago

Does it even matter? Everything went up LTC for example went from 3$ to 360$ Just wait till everything goes to the bottom and diversify between the top coins put them on an usb stick an forget about them until the next wave.

KasianFranks 9y ago

Agreed. Crypto is experiencing manipulation like stocks, bonds, debentures, CDs and derivatives of all kinds. Sharks, snakes, wolves are part of the game now for all kinds of reasons but the development communities also have a real chance at creating a better balance with assets based on the blockchain.

cableshaft 9y ago

Ripple will bounce back up (maybe not back up to $3 anytime soon, but I'm pretty sure it will go back up). A lot of people that got out are just trying to time the bottom as well as they can. I'm tempted to buy more myself. Part of me wants to wait to see if it drops more, part of me thinks I should just get in instead of trying to time the market and missing the opportunity.

semi-extrinsic 9y ago
Why so sure? It seems to have gone up based on the news that Japanese banks were getting involved, but then it turns out they likely won't use the actual coins, just the tech?
- cableshaft 9y ago
  Just based on the general patterns and trends, and that it seems to be the favored coin of the banking world, at least so far. But I very well could be wrong. Someone can be very confident and very wrong. But as a general rule I'm conservative with how much I put into these things, just a small amount each month. I can afford to be very confident and very wrong about Ripple.

m3kw9 9y ago

A lot of people don’t understand how ripple works and how the underlying mechanism works, it seems far more useful than bitcoin because of the transaction speed. But I think it is going down because that is the one they went up the most recently, which means the gains are more likely from hype than anything