Ripple (XRPUSD)

[GreedyAgorist]

Yeah, keep posting FUD; maybe that will work to bring this back down to a quarter. We are back to 26 1/2 cents already, curse me for missing the flash crash!

You know, if I were the kind of person who saw conspiracies and market manipulators everywhere, I would explain how unsurprising the drop in cryptos (not just XRP, in case you have not noticed) are in light of broader market turmoil. The last thing the Powers That Be would want is for people to think cryptos are a safe haven as major indexes reflect the growing prospects of a global recession.

Then again, maybe when things go down, everything goes down. I only heard about Bitcoin in 2012. That was 3 years after the Market Timer-in-Chief called the bottom in March of 2009. The silver run had already passed a year earlier, and we would have been in the middle of (probably) the best time to buy a house this century (the three years between 2011 and 2013, that is), when you had that winning combo of low rates and still (relatively) low prices. The stock market has not gone up as much as Bitcoin, but it has been in a bull market for ten years. The world has only known about cryptos since the West had its last recession. The next would be uncharted territory for cryptos*. Will there be a de-coupling? We should only be so lucky.

*Yes, I know, Greece... Cyprus... Venezuela, but I am talking about the whole world at the same time.