Originally Posted by Bowser:
What is pushing this Bitcoin bump, anyway? And why is XRP still floating between .40-.50 in spite of all the mass hysteria to buy and HODL?
Facebook's announcement of their crypto, Libra, helps legitimize the entire sector. There is also unrest about US relations with Iran, which has caused doubts about USD.
I really have no idea what you mean about the mass hysteria to buy XRP. However, typically altcoins (even larger ones such as ETH and XRP) have their pump after Bitcoin levels out. [Reply]
Last year at that eclipse he came to joe's hoo boy he had all kinds of inside information. I try to do my best with what is given but when Joel Comm says this has the ear marks of the new twitter I am on board. [Reply]
Originally Posted by Bowser:
"Mass hysteria" means constant texts from my friend, and the freaking out by people (bots) on some XRP Facebook page, lol.
I've never been a huge fan of XRP. I don't see the use case for it, and it is too centralized for my tastes. [Reply]
One thing noticeable about this run compared to the last is that the crashes haven't been as violent. I was expecting a significant pullback at the 11,500 area like the one in late November 2017 when it went from 11,500 to 8,500 before bouncing right back to new highs a few days later. Nothing though. Chewed right through, then chewed right through the resistance at 11,775.
Makes it seem like more institutions/whales are involved this time around, which I mentioned awhile ago based on the buying patterns that were happening in April and May. Not a bunch of emotional noobs expecting a lottery ticket and panic-selling every mini-crash.
