Bounce Back on XRP Price, Bitcoin and Altcoin Market as White House Crypto Meeting Nears, DXY SLAM

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    48 Comments

    1. As far as pumps that are initiated by news, it is only ever completely surprise news, and the degree of the pump matches the degree of the surprise. If there is an upcoming event, that is assumed to pump the price, the assumption itself is that pump being priced in already, anyone that would buy because of the event, already has.

    2. Technically, we want this to be about Bitcoin (for now). Remember, the only thing that can guarantee an XRP pump with near absolute certainty, is a massive BTC pump.

    3. If you believe the market is topping soon wouldn’t it make sense that the government is just creating false speculation to sell the top?

    4. Brad did tweet that he would be in Washington on Friday, he says “I will certainly continue to champion this while I’m in Washington at the end of the week”. Have a 👀

    5. Since the Bitcoin that the US government has is all stuff that they seized, it’s likely that the XRP etc tokens listed in the reserve could be stuff they seized also and or expecting to seize. The SEC lawsuit appeal probably didn’t get dropped because they want ripple to pay a fine (likely in XRP) in which the US government will use to add to their stock pile without having to pay for the tokens! Rather than pay fair market value for the tokens, the government will use legal means to just take some for free which should hurt the overall markets much since they are acquiring the tokens by traditional purchase and or selling them as soon as they get them.

    6. It doesn’t matter because Trump himself already confirmed xrp and Ada. I just don’t understand why the market is waiting for tomorrow. Trump has already announced the intent for the strategic reserve and the 5 top coins he plans to add multiple times.

    7. It's weird that every time some bullish news is released, the markets crash. Bitcoin is now at 88.5k . The market still look very bearish. I am hoping it will close over 90k today, but its not looking good. Thats not to ssy it won't. Like i said, this is far from normal.

    8. just thought of this… u guys dont think all these crypto top people dont know how markets move and work? brad garlinghouse probably 100% knows when to drop his news and when its most healthy for the markets… what if ripple vs sec news drops AT the summit? food for thought a little under 24hrs before the event

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