Ripples breaking loose.....

in #cryptocurrency8 years ago

Love it or hate ripples posed right now to make a bull move. If it can pop the 12000 level resistance it should be off to the races. Lets make some mula!

Just keep an eye on stochastics. MACD starting to show over bought state.

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Good point, as most are volatile . Also read: The fears in Crypto currencies : Etherium downfall to 0.10 USD : https://steemit.com/steem/@charles1/the-fears-in-crypto-currencies-etherium-plunge

Oh come on now! Do you really think with the amount of investment pouring into a eth that it will fall to $0.10?

It happened read the link and watch CNBC however recovered...speculation in action!!!! someone playing games with his multi million funds

Even with eth going from pow to POS is not going to scare the price enough to drive it to $0.10

What's the price of 1 ripple usd?

Right now? On bitfinex its 31 cents im sure other exchanges is the same. Poloniex is 31 as well

See the only thing I don't like about ripple is there is 32 billion or something outstanding don't you think it's to watered down??

There is a couple reasons why I say no to that. The amount of money that's going to full through ripple from the banks it's going to be 10 15 20 times the money you see flowing through any other coin from the average user. Bantu they've agreed to look up a certain amount of points and only release a certain amount of coins every five years. Ripple coin transaction fees are destroyed after their use. So in actual reality the amount of Ripple will slowly decrease

So what your saying is when you use a ripple it's destroyed after?

No the transaction fees are destroyed.

Oh for sure they'll be finished and we'll take off 🙏

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