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RE: Cryptomarket Price manipulation - on the example of Ripple's XRP Token

in #cryptocurreny7 years ago

The liquidity is still so low in the crypto scence, that such manipulations can be done by every whale... that's why I stay away from tading until we reach way higher levels of market capitalization!

Good catch and I guess someone just wants to make sure, that he/she can accumalute more Ripple in this price range (:

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Yeah i agree with you. The volume is still quite low but in my opinion sometimes there are some juicy spots for daytrading. I always have a little spare money on some exchanges for daytrading to accumulate more BTC and Antshares/NEO.

what are you thought about Ripple in the long term (5-10 years)?

I guess that banks will use their own private chain and won't invest a dime into a token like Ripple... But let's see what the future will bring (: