Fill me in on ripple. The thing hasn't moved in months.

This is my safe coin and the one I want to hold long term. Wishing ETH would go back up so I could unload it and get back to all in on xrp. My 37 ETH bags are getting heavy.

>>2704715
It has a consumer launch coming in October 2017 for Japanese banks. The fact that it has so much business in Japan earns it a lot of cred among Japanese traders I'd imagine, which may increase the number of buyers and sellers as Japan is leading the pack in terms of open crypto trading at the moment.

I'd hold for the long term. SWIFT has been doing some key improvements, some using the Blockchain, so Ripple may not have a lot of long term growth. Be conscious of that.

In time, day traders are going to ask themselves why they never bought at least 1000 ripple. They are going to ask themselves until they die. Every good thing they experience in life would just be eclipsed, by the memory of missing out on the most expensive coin in existence.

>>2704715
they have literally tens of billions of ripple that they are dumping whenever the price goes above 30 cents, it is part of their public policy of price stability.

I think ripple will be profitable in the short term you should consider getting 100k.

>>2704715
>good volume
Nigger, it has Dash tier volume with almost 10x market cap.

>>2704715
If it hits $1 this year, i'll eat my hat.

>>2704876

yeah but what happens once those reserves are depleted?
price will moon then
checkmate, anon

>>2705140
you mean fedora

>>2704715
This is my "sunk costs fallacy" coin. I have held these bags waiting for this piece of trash to moon for so long that now I'm superstitiously sure that it will finally do so the moment I cash out.

So if you're looking to accumulate, you're welcome, because according to my own irrational magical thinking, I am the reason it hasn't gone anywhere for so long.

It's a great coin, but its grossly overvalued. I dont see a rise happening, there's simply far too much XRP.