Hacker News new | ask | show | jobs
by Agebor 3077 days ago
Or just price manipulation by big holders. External factors/news are often regarded as the cause of dips and gains, while other, often simpler reasons remain under appreciated.

This post about XRP applies to roughly every other cryptocurrency too: https://www.reddit.com/r/Ripple/comments/7pzd7f/heres_what_w...

2 comments

> There is only one coin in existence that a train the size of a planet can ride on, and it's XRP. Hodl. There, I said it.

2 sentences later

> Also, please don't ask for financial advice or price predictions short or long term. You have to make your own decisions.

This contradiction undermined the point of whole article for me.

Ripples creators dont intend for its price to rise, and they can make it dip if they want since they hold most of it.

http://hivergent.com/you-shouldnt-invest-in-ripple-and-not-b...