RE: Ripple Skyrockets | The Rippening Is Here
Thank you for the detailed post. In summary, I agree with you - it is concerning how many people only look at price rather than market cap and somehow think Ripple is cheaper than other options just because it's absolute price. This happens frequently to noobies in the stock market who think that Amazon must be worth more than Apple because the stock price is higher. It will happen even more frequently here due to low experience among investors. If Ripple gets listed on Coinbase soon, then the pump will certainly go higher but otherwise it should pull back as people realize that not every single partnership should be priced with such a premium.
As for the XVG debacle, I think it's just stupidity all around. Who knows if it was or wasn't him claiming $15. I know that if it was him that did claim that, he didn't mean it (he's smart enough to know otherwise). Either way it doesn't matter - point is that it's all pump and dumps.
No ..Thank you for the video, too many RIPPLE TO 20 videos out there.
It's scary to think people are believing this.
I love the Apple- Amazon analogy its spot on.
I totally agree...the Dumb Money has arrived,and now you'll see a bunch make that drastic mistake.
I look forward to the more detailed Ripple video you spoke of...,i myself am amazed at the drastic fluctuation in the alt coin market as of late.
I do hope those who invested,pull profits.
I know i did to both XRP & ADA.(which is another who suddenly shot up 50% with no reason to)
cheers!