XRP

Toody4

Yeah but what I’m saying is that converting from XRP to BTC will end up with the same fees as just sending from BTC

_TheWolfOfWalmart_

XRP is a useless piece of shit, but it will probably keep pumping through the rest of the cycle. Anyway, I'm not touching it.

biba8163

Ripple is still taking the gullible for a ride with the fake XRP pumps but nobody falls for it these days except noobs so the pumps are barely a bump. Remember in the 2018 bear market, XRP went up 60% in a single day to reach $0.59 and flip ETH? XRP bagholders quickly got rugpulled again and 6 years later it's pumped to..... $0.59 > XRP surpasses Ethereum in Market Cap to claim #2 spot https://np.reddit.com/r/CryptoCurrency/comments/9hq1jv/xrp_surpasses_ethereum_in_market_cap_to_claim_2/

jwz9904

welcome back XRP and ADA shill!

PirateSKB

>XRP and ADA are going to flip BTC and ETH But on what timeframe and why would they? >And most of all ERGO will moon to $150 Why would it suddenly moon to $150 while being down more than 95% from ATH? Also more importantly, how heavy are your bags? lol

PirateSKB

>XRP and ADA are going to flip BTC and ETH But on what timeframe and why would they? >And most of all ERGO will moon to $150 Why would it suddenly moon to $150 while being down more than 95% from ATH?

Capital-Physics4042

XRP and ADA is going to flip BTC and ETH. The insiders know this, and I'm sharing with you. Look at the pattern of price trajectory. I stand by my mathematical model XRP $10 and ADA $35 price forecast this bull run

Lemon_Club

You have repeatedly dodged simple questions I have posed to you, so I'll ask you again: Do you think it serves the investing public that the SEC cannot tell anyone what makes a crypto asset like ETH perfectly legal and what makes one an unregistered security? What is Coinbase supposed to do? Shut down it's entire multi billion dollar company because the SEC can't just plainly tell them what securities they think Coinbase is trading? Don't you think that if the SEC was operating in good faith allegiance under the law, that they would immediately tell these brokers and companies what they thought were unregistered securities? Do you think it makes for a safe market for investors and developers that the SEC cannot tell you what makes a crypto asset and an unregistered security? And no, I am not parroting crypto talking points around securities, I am repeating the logic around the decisions made by federal judges in both SEC v Ripple and SEC v Binance. It is clear as day that crypto tokens in of themselves do not embody an investment contract just in the same way that orange groves in SEC v Howey don't in of themselves embody investment contracts, it is how an asset is packaged and sold that makes it a security. If I buy XRP on the open market, I am not buying equity in Ripple, nor does Ripple have any post purchase obligations towards me the buyer. I am simply buying a digital asset that fits neatly as a commodity that should be regulated under the CFTC. Gary Gensler's SEC has repeatedly lost in court over his war on crypto and will continue to lose as long as his agency keeps on putting up these ridiculous cases.

MR-M-313-

lol I think XRP has taken that number one spot for the loony MAGA Q crowd… something about anti establishment anti deep state yada yada. They clearly think banks are major anti deep state entities 😂

Every_Hunt_160

It says 'XRP to $1000', I think I fixed your eyesight

biba8163

> Banker shitcoin XRP bagholders could only dream of this being a Banker Shitcoin. Banks has no interest in XRP. JP Morgan's paper about CDBC/Stablecoins is "UNLOCKING $120 BILLION VALUE IN CROSS-BORDER PAYMENTS" why banks have no interest in XRP: - **High volatility of XRP leading to limited willingness from banks in using it to facilitate payments** - **Relatively high costs owing to spreads between fiat and XRP** https://www.jpmorgan.com/onyx/documents/mCBDCs-Unlocking-120-billion-value-in-cross-border-payments.pdf?trk=article-ssr-frontend-pulse_little-text-block In 2024, Ripple itself also says Stablecoins provide revolutionary ways to transfer value across borders and reshape the financial world and Ripple is now using investor money to buy a company to launch their own stablecoin > Stablecoins like USDC offer a revolutionary pivot... efficiently transfer value across borders, bypassing traditional banking systems and eliminating many associated risks....Lower transaction costs compared to traditional banking. As low-fee alternatives to traditional money transfer methods, stablecoins can facilitate global transfers without foreign exchange fees. As the integration of stablecoins into the banking system continues, they promise to reshape the financial world, offering enhanced efficiency, inclusivity and innovation. This evolution is not just about adopting new technologies but is a step towards a more interconnected and resilient global financial system. https://ripple.com/reports/the-functional-evolution-of-digital-assets.pdf

Every_Hunt_160

There was this debate with the XRP holder on the r/cc daily the other day where he said XRP to $1000 and many people including myself pointed out that wasn't possible because of the market cap Then I asked him, 'Do you understand how market cap works?" Then he replied, "And do you?" That shit cracked me up because dude clearly didn't understand the fundamental concept of a market cap and assumed everyone else was at the same level as him lmao

Counteroffensyiv

>there is negligible to zero interest in anything in the TradFi world besides Bitcoin and some Ethereum >Absolutely almost zero interest in something like a centralized gimmick coin like XRP >I've been saying this for years You've been repeating the same lazy uninformed FUD for years? Wow, color me impressed.

biba8163

I've been saying this for years, there is negligible to zero interest in anything in the TradFi world besides Bitcoin and some Ethereum. The Grayscale Trust is an indicator of how much interest there is and if you look back at 2020 before the ETFs, it was BTC, considerably less ETH and negligible amounts of everything else. Absolutely almost zero interest in something like a centralized gimmick coin like XRP that crypto investors fall for and the XRP Trust was discontinued. Back in 2020: - Grayscale Bitcoin Trust 10.8 Billion - Grayscale Ethereum Trust 1.7 Billion - Grayscale Digital Large Cap Fund $170 Million - Grayscale Ethereum Classic Trust $74 Million - Grayscale Litecoin Trust $74 Million - Grascale Bitcoin Cash Trust $58 Million - Grayscale XRP Trust $18 Million https://www.coindesk.com/markets/2020/12/15/grayscale-now-has-13b-in-crypto-assets-under-management/ https://www.coindesk.com/resizer/8evhar1igmq9qm5gJNYzQVIMi8o=/811x422/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HDYWAIBPBBEVZPDAC5RDITABUQ.png

Gvazeky

Litecoin, Dogecoin but only because they’re based on bitcoin, by extension I think Shibu and Amp are both decent long term HODL but not sure if that’s 1% of all the shitcoins available The only other coin I think could use an ETF is Solana, AVAX or XRP in the far far far future when they have a more solid market cap / use case

kennanmell

If XRP bulls could read, they would be very upset right now

TexasBoyz-713

And on about 0.1% of the way to the moon, long term XRP holders will sell off any pump they can get after being in the red for so many years, slapping the price right back down

Capital-Physics4042

XRP imminent good news, don't miss this ride to the moon

Baecchus

Best performing XRP investor:

Baecchus

Do you know what a chart is? Go look at XRP/BTC and tell me it outperforms.

nthgen

You can't be serious, right? Right?! XRP is nothing but snake oil and Bitcoin doesn't need a conference to thrive.

NLCR4404

XRP is outperforming BTC, as BTC hosts a conference to brag to the world how great it is. FYI, that’s the opposite of what bitcoin was created for. ​

NLCR4404

XRP is outperforming BTC, as BTC hosts a conference to brag to the world how great it is. FYI, that’s the opposite of what bitcoin was created for. 

Capital-Physics4042

XRP! XRP! XRP! My gift to you, my prediction of $10 based on our hybrid Gaussian Mixture and Random Walk mathematical models. It is coming true and in progress right before your eyes

LivePark

Sell your XRP for Kaspa. Obviously research it first but if you’re going for an altcoin id highly recommend it

Routine_Television_8

In the panic of dips, between thousands of choices, I fucking bought XRP. What the fuck? Wat does this internet shit coin do?

Lemon_Club

"Crypto payments for international trade" XRP legal in Russia???

RariCalamari

RemindMe! 1 year RemindMe! 2 years I need to come back and laugh at this prediction lol.ADA will never even get close to $35 bro It did a 3.5x between the last 2 cycle peaks. What on earth makes you think that can accelerate and it does a 10x from 2021 peak? No coin has ever done that, and never will. Ada at $5, probably. $35 is just a complete joke to anyone with half a braincell (and $10 XRP too)

MinimumFinancial6143

I would do both if I were in your shoes. However, I would move on from the likes of XRP and GALA and go for LINK and INJ. In terms of new coins, I would choose good ones in the trending and performing sectors like DePIN and GameFi. PEAQ in DePIN and Akarun in GameFi are the ones I have my eyes on in these sectors.

OderWieOderWatJunge

To be honest, I would sell asap. As long as it's relatively high. $0 is support for XRP.

Capital-Physics4042

Dear XRP holders, don't sell yet. It's going to be a hell of a ride this time. A lot of great things happening in XRP space. Stay for the 10x!

Studio_2

XRP at $10 will almost have ETH’s market cap

Capital-Physics4042

Cardano will soar to $35 this bull run and pull ERGO up with it! But before that happens, my XRP hodler friends will enjoy their gains on the way to $10

DrPechanko

some nerd right now is googling subcommittees in Japan to find a trace back to XRP and SBI.....re-fitting their tin foil hat for some XRP coping. "I've been stacking for 7 years"

Every_Hunt_160

Seems like Mount Gox news in 2024 is the same as ‘XRP lawsuit’ news in 2021

SIN_Terra

Memes like 10% .. Crash, Andy on Base, Brett, Dogecoin, Trump on Solana.. 10% in a few alts like Jasmy, XRP, StarAtlas, Render, etc 80% Bitcoin, ETH, Solana and stocks like AMD, NVIDIA etc

BrilliantEffective21

XRP and ADA are trash.  Listen to news and watch numbers. False narratives and sh* performance of both coins. Very genius marketing and pathetic technology and project advancements. All the retail backers are just pumping for a massive and very skilled XRP team manipulation of numbers, to strip people of realistic gains. Look at the tokenomics of performance in the last five years, it’s utterly trash. 

CointestMod

* Relevant Cointest topics: [USD Coin](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_usd_coin), [XRP](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ripple), [Stellar](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_stellar), [CBDC](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cbdc). * Relevant subreddits: r/Tether, r/Coinbase, r/XRP, r/Stellar. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/1eagagz/bitcoin_miners_return_to_profitability_as_btc/?sort=controversial). Doesn't work on mobile.

apstl88

I'd keep some of them and invest some in the upcoming ones. I was never a fan of XRP, and I would sell that probably. Same with XLM. Of the ones that you mentioned, I would only leave GALA. Most of my investments are long-term ones, except memes. When it comes to some upcoming ones, I am keeping an eye on AI + DePIN project named Rivalz Network and interesting and innovative GameFi project called Akarun.

coinfeeds-bot

tldr; Bitcoin's price dropped to near $65,000 as Kraken began distributing assets to Mt. Gox creditors, causing market sentiment to falter. Bitcoin cash saw a 7% decline, while other major cryptocurrencies like Solana, Ripple's XRP, and Cardano also experienced drops between 4%-5%. The distribution of nearly $9 billion worth of BTC and BCH from the defunct exchange Mt. Gox, which collapsed in 2014 due to a hack, has been a significant concern for investors, worried about the potential sell-off on the open market. Ether remained relatively stable, supported by strong trading volumes from U.S.-listed spot ETFs. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

biba8163

It looks like he was in since November 2017 aKtually....and the problem is not him, it's XRPEEEE PEEE PEEE Peee. FLiP the fucking SwITch Brad! > I am here since november 2017 and DCAing into XRP... Yeah, i cannot wait for it to be over. Either it's a win or a total crush down my finances. https://np.reddit.com/r/XRP/comments/14sx7cz/anyone_else_burnt_out_and_mentally_exhausted_from/jr0853z/ > BTC and ETH are in a freefall, XRP is steady. Soon #2 https://np.reddit.com/r/CryptoCurrency/comments/xkldsr/daily_general_discussion_september_22_2022_gmt0/ipeqatx/ > After the Ripple wins vs SEC, the tides will turn. https://np.reddit.com/r/CryptoCurrency/comments/zpnwf1/the_ftx_disaster_has_set_back_crypto_by_years/j0tsvf3/

absurdcriminality

XRP is a stablecoin now

Objective_Digit

> Because it was against the forum rules. However the forum rules is not an authority on the definition of that word. Surely you understand this and are just being pedantic... Well, this is part of history now. Bitcointalk was one of the very few places that these announcements were made. If ETH was listed as an altcoin then it has some authority. >t has nothing to do with how long they have been around. Litecoin is a clone of bitcoin. It serves no purpose other than being an alternative to bitcoin. It's an altcoin. XRP is not a clone of bitcoin but it too targeted the same use case: Simple payments and storage of wealth. You could call that an altcoin, but frankly I don't really care either way. Ethereum is aping Bitcoin's ability as a SoV/investment/digital Swiss bank account. Let's face it. 99% of people buy ETH because they expect returns not for the fancy gimmicks. Dubbing ETH as not an altcoin is practically the same as implying it's another Bitcoin, which sounds scammy.

iwakan

>Why not post it in the Bitcoin section if it's not an alternative coin? Because it was against the forum rules. However the forum rules is not an authority on the definition of that word. Surely you understand this and are just being pedantic... >XRP and Litecoin have been around longer than Ethereum. If it's not an altcoin than neither are they. It has nothing to do with how long they have been around. Litecoin is a clone of bitcoin. It serves no purpose other than being an alternative to bitcoin. It's an altcoin. XRP is not a clone of bitcoin but it too targeted the same use case: Simple payments and storage of wealth. You could call that an altcoin, but frankly I don't really care either way.

Objective_Digit

> I honestly don't even understand what point you are trying to make. Do you think the fact that Bitcointalk chose to name a subforum a certain way like 10 years ago has any bearing whatsoever on the definition of that word, both then but especially now? Why not post it in the Bitcoin section if it's not an alternative coin? XRP and Litecoin have been around longer than Ethereum. If it's not an altcoin than neither are they.

josef3110

>I believe in what can be verified and proven to be true. Again Show me how any of the following are possible Sorry to tell you, but you mix decentralization with security. You can have security without decentralization (e.g. banks) or security from decentralization (cryptos - except XRP). Quite a significant amount of XRP validators are actually university run systems. Don't you fear they opt out as soon as their research on XRP has been finished? >If I lock up my BTC for 1 day and then release it tomorrow, You can't lock BTC on the bitcoin chain. No smart contracts. But, let's say that you lock some ADA in a liquidity pool. It is still part of the coins in circulation, because you can take it out of the pool (unlock) and sell it, if the price is right. Even they are locked for a longer period of time (like a loan) someone else can use them for trading. Now Ripple needs XRP for its own trading liquidity. When they lock them, it's not for a day or 2 or even months. So, it makes a difference if you lock up a comparable small amount of a coin compared to locking billions of XRP for longer periods of time. The later massively changes market liquidity which is equivalent to burning for traders. These coins are not available to the market until Ripple decides to unlock them again. So, the way how locking (or burning) effects the market depends on the volume and time and not on the tag you put on the process. In the Cardano network I can mint and burn the same native token whenever I want, given the token policy allows it. >One is a private, centralized & a permissioned network (Ripplenet) The other is Open source, Decentralized, Permissionless (the XRPL) So, why does Ripple interfere with XRP in the first place. They manipulate liquidity big time just for fun? And what does RP stands for in the name of the coin? >Again like I said some of the more advanced features of Ripplenet require interaction with the XRPL. for example ODL only functions with the use of XRP, this can only occur on the XRPL. so when clients wish to use that feature, Ripplenet interacts with the XRPL. You already admitted that both chains interact. But now you claim again that they are independent. >My math is verified by the blockchain itself, I dont have to rely on 3rd parties like CMC So, everybody else is wrong and you are right? See I can communicate without using strong language and personal accusations. If you are a trader you should not be personally attached to your subject of trading. It can and does prevent you from having a broader picture of what's going on. I'll give you an example: you may like Tesla cars, or even own one and be happy with it. That's one thing - on the other hand you won't want to buy TSLA shares because they are overpriced compared to the other car companies competing with them. You see traders, should separate their opinion about a company from trading it's shares. The same is true for currencies and of course cryptos.

jwz9904

XRP does a 10% after 90% down against BTC. what a miracle

ShawShank64_

XRP had a 2.4 mil buy at $1??? Wth😂

Capital-Physics4042

To those XRP mockers, who's laughing now? It's been on the up and up and will keep going up. $10 is imminent. At least $20 this bull run! And to those of you XRP hodlers, remember me when you're driving your lambo's, I'll paste my wallet here lol

Acceptable_Let_3819

Bitcoin isn't the way. There are more secure ways to approach a reserve. XRP for example. Which, tbh, could very well be what happens. Especially If the company adopts international transfer via brics.

Duncle_Rico

I'm not trying to give recommendations especially this late from most bear market bottoms. All I'm saying is the current market didn't come as a surprise to anyone. There was more than enough time to prepare. Invest in *actual* assets you can see being around 5 years from now. ETH is already up +240% from bear market bottom, and ETH ETFs just got approved. Bitcoin is up +330% from bear market bottom. Chainlink is up +180% from bear market bottom. Fetch.AI is up +120% just this year and saw an increase of 585% in just 49 days after pulling back. Hell even XRP is up 100% from the bottom. These aren't my recommendations at all, I'm just stating they *actually* serve a purpose and have already seen insane gains. If you got in at the correct time a lot of assets have already seen insane returns. I don't really understand the purpose of ignoring the actual potential and institutional adoption to gamble on shitcoins. We aren't going to see the insanity that we did last cycle, everyone was getting stimulus checks, unemployment checks, and couldn't do anything but sit at home and social distance. Economy is much different now worldwide, and there's less potential for random shitcoins launching enough for you to retire on. They're going to crash faster and harder than before as well. **People are missing out on life-changing gains because they want to gamble on a hailmary that doesn't serve any purpose.**

baconcheeseburgarian

Trump was hostile to crypto during his term. The XRP suit started under his administration and he called crypto a scam. People seem to gloss over that because he sold some NFTs after he lost the election to pay his lawyers.

OXZOguide

One thing I’d recommend is to do a thorough review of whatever data/news you can and make sure the original reason you bought something is still valid. Recently just about everything was way down coinciding with some major sales of Bitcoin holdings in the billions of dollars. Just because they are down recently probably isn’t a good determining factor. Chances are whatever you switch into was similarly affected. If the original thesis that led you to buy hasn’t changed then there may not be a reason to sell. Then again if you question the original reason you got them there might be. I won’t recommend it one way of the other rather I’d suggest a methodological approach that is based on gathering data. Which is in fact what you are doing here bravo. Now one thing is if there is something you like better and they are also down with the German and Mt. Gox sell off then converting to that probably isn’t a bad idea. I noted another user parks stuff on a ledger. Happens that I do that too. If you can afford to HODL it that way he’s probably right. Examine your time horizon. I look near term and long term. In the long run somethings will go to zero while others are going to become institutions of sorts. It might be worth taking a chance that XRP for instance won’t zero out. I admit to holding a position in my Ledger as well. Of course I bought it during the recent downturn. I had also consolidated some positions before the market went sideways so I had USDC on hand to convert to new positions. Such as Aerodrome. If you go that route and want to hold into the 2030s I’d look at the long term staking there.

todamoonralph

XRP ... Extremely Rotten Purchase ... but not as bad as Cardano .. but that's just been my experience

TwitchScrubing

I'm actually up quite a bit on my XRP buys and it's my first time buying XRP and I've been in Crypto since 2016. People who hate on things don't see the trend.

josef3110

>You complain about Ripple "dumping" yet they usually lockback \~80-90% each months 1 Billion unlock and have been doing so since 2017. it gets locked back up for another 55 months. So, if you replace burn with lock and mint with unlock you almost quoted my original post. So, thank you for admitting that I was spot on in the first place. Note, that for the trader there is no difference between burn and lock or mint and unlock, because it changes liquidity exactly the same way. >Again like I said some of the more advanced features of Ripplenet require interaction with the XRPL. for example ODL only functions with the use of XRP, this can only occur on the XRPL. so when clients wish to use that feature, Ripplenet interacts with the XRPL. So, I get it that you can't tell us why the chains are independent and dependent at the same time. And how this independent dependency affects price, market cap, or liquidity. >Customer A wants to send $1Million USD to thailand and convert it to Thai bhat(their currency). if XRP is 1$, it would require the purchase and selling of 1 Million XRP. Now do the same interaction but XRP is 10$ instead of 1$. It now requires 100k XRP instead of 1 Million. Obviously that would not work. The business model is to perform the transaction with the same price of XRP. This is why both transactions should performed within a short time frame. Obviously, low volatility is important to Ripple - the corporation. On the other hand high liquidity is also important. That's why Ripple has to control liquidity, otherwise it would risk to maintain its business. >how much ETH does Vitalik/Lubin/consensys hold? how much ADA does IOHK/hoskinsen hold? Well, for ADA, there is the reserve and the coins in circulation. Together it is a pre-minted 45B with about 35,5B in circulation. Now there a simple formula how the reserve is depleted with every block validated. And, btw. it is pretty well known how much IOG and the Cardano Foundation own, because they have staking programs through which they expose their wallet addresses. Now, to some degree BTC is similar; every block minted receives some BTC created with the block. With the halving events and a max amount that can be minted there is a clear understanding how market cap develops. Now for ETH - it is obviously inflationary, with some (unpredictable) burning of tx fees. Coming to a point here: all 3 cryptos are traded in an open and free market. Now for XRP it has Ripple controlling the liquidity (for obvious reasons I explained already), and only second hand interest in price, i.e. only for funding it's enterprise. >tokens they have were given to them by the founders from the genesis wallet, their value when they received them was 0$. IOG, Emurgo, etc. had to pay the given price for the coins at the ICO and it was not 0, even far from 0. If you look at the distribution of ADA vs XRP, one can clearly see how centralized token ownership of XRP really is. >CMC and others dont calculate circulating supply correctly for XRP. So it is the fault of others, that your distorted math is not visible to the public? You believe that 117 validators is decentralized. Technically, that can be housed in a single server room. Cardano has about 1000 block producing validators and 1800 more registered validators. That's a factor 10 higher.

hydroflow78

Fun Fact: If you put in $10,000 in XRP in Sept 2018, today you would have $10,000 too. XRP is the true stable coin.

patientstrawberries

Finally someone who knows what’s going on. Everyone I’ve spoken to in crypto doesn’t care about CAT. They only care about “XRP becoming the global currency”

BannedFrom_rBitcoin

Switch to Nano (XNO) it is feeless, inflationless, and faster than XRP. Better decentralization. Better energy efficiency, too.

biba8163

Looks right | Investment | Definition | Examples | |:-----------|------------:|:------------:| | Shitcoin | A coin where others made money but you couldn’t | DOGE, PEPE, WIF, BONK | Altcoin | A coin you hold for eternity hoping you’d make money off | XRP, LTC, ALGO, DOT, CRO, VET, NANO

prod7teen

XRP sucks (i’ve been a holder for 4 years.

bod1x

But you could still convert XRP to BTC later

bod1x

Wouldnt it be cheaper for you to send XRP?

WickB00m1

Hey super curious about polygon. I've been researching Cosmos sdk/ Terra also pretty deep since pre 2022, and XRP. I noticed XRP going to use COMET bft just like Cosmos... New CosmWasm / Neutron. / Cosmos hub... Are these related? I saw Hedera and Celestia are joining SDK NEXT??? I just see the Change happening, seems like polygon sdk tools, cosmos,sdk chain and tools with the Terra luna classic revamp seems like a group planning something. The Byzantine Fault Tolerant is sort of a giveaway. I was able to access some docs through info.cern.ch and looked up commerce under eos/Cosmos IBC .. THERE ARE UNRELEASED DOCS. IF ANYONE WANTS TO GET ANY SCREEN SHOTS OR URLS LET ME KNOW. THANKS CHAD CURIOUS IF HEDERA AND CELESTIA ARE GOING TO GO CENTRALIZED-DEFI ...

biba8163

> Because it suits some narrative your comments are a fictional narrative. Of course, you're always making money and outperforming BTC. True ethos of a shitcoin investor. > Really...I was a btc maxi from 2014 to 2017....then went full eth maxi in 2018. Still here and still an eth maxi. - June 2024 https://np.reddit.com/r/CryptoCurrency/comments/1dut3vs/daily_crypto_discussion_july_4_2024_gmt0/lbljeg2/ > Easy.....XRP and ADA. https://np.reddit.com/r/CryptoCurrency/comments/x6vdd3/daily_general_discussion_september_6_2022_gmt0/ina6vnf/ - September 2022 > FTT... fast track to usa regulatory approval. https://np.reddit.com/r/CryptoCurrency/comments/t31jcu/daily_discussion_february_28_2022_gmt0/hyq3yo4/ - February 2022 > After 7 years, I have whittled down (aka consolidated) my coins to the final 4: ETH, XRP, FTT, and LINK. Got rid of BTC back in May...VET back in August.....LTC back in 2018.... Ton of shitcoins in early 2022...Who will survive? - February 2022 https://np.reddit.com/r/CryptoCurrency/comments/sz2hre/daily_discussion_february_23_2022_gmt0/hy2f9hx/?context=3

biba8163

> Do from 2016 and see the results (ETH would crush BTC)....all this cherry picking dates is garbage When you pick a coin that blew up big when in time when it is a much smaller marketcap, of course it outperforms. This is akin to the BTC cult always picking like 2009/10 and saying BTC is best performing asset for the last 10 years, last 15 years, etc. > all this cherry picking dates is garbage You claim I cherry pick datesb but people like you who invest in ALTs are always making up fictional investments and cherry picking winners from the past saying I picked all the winners and I out performed BTC by XXX. **Lies, Damned Lies, and Shitcoiners making up stories of making money in crypto.** > Really...I was a btc maxi from 2014 to 2017....then went full eth maxi in 2018. Still here and still an eth maxi. - June 2024 https://np.reddit.com/r/CryptoCurrency/comments/1dut3vs/daily_crypto_discussion_july_4_2024_gmt0/lbljeg2/ > After 7 years, I have whittled down (aka consolidated) my coins to the final 4: ETH, XRP, FTT, and LINK. Got rid of BTC back in May...VET back in August.....LTC back in 2018.... Ton of shitcoins in early 2022...Who will survive? - February 2022 https://np.reddit.com/r/CryptoCurrency/comments/sz2hre/daily_discussion_february_23_2022_gmt0/hy2f9hx/?context=3

One_Boot_5662

You saw Lark Davis and you thought that made it legit?! OMFG I'm not being nasty, but people need to learn what the ethos of crypto is. Crypto is trusting no-one, it's making your own decisions, based on facts, not third party opinions. Satoshi made crypto to be open source, so you can see what's inside the box, it's a technology made specifically to remove the need to trust anyone. Crypto is not following Vitalik or Charles or being in the XRP Army etc. Certainly not charlatans like friggin Lark Davis or other twats like Bankless, their only goal is to make money off of you. Sorry, but if you don't learn this critical lesson, you will likely get scammed again. Probably in a new and unique way, but it's a high risk.

CointestMod

* Relevant Cointest topics: [USD Coin](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_usd_coin), [XRP](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ripple), [Stellar](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_stellar), [CBDC](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cbdc). * Relevant subreddits: r/Tether, r/Coinbase, r/XRP, r/Stellar. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/1e8jzxi/tether_is_used_by_criminals_way_more_than_you/?sort=controversial). Doesn't work on mobile.

RelativeChildhood221

I'm always here even when I'm not here, trust me, I remember buying ETH at $4200 back in April or June 2021 and watched by 2k of ETH go down to $850, XRP went down from $1.9 to $0.5, it the precursor of the start of 3 year bear market.

simmol

Usually, when there is a big event (and no event in crypto is bigger than an ETF release), there is buy the rumor, sell the news. However, if you look at the 1 month chart, ETH is down -0.20%. In the same timeframe, BTC = +3.7%, SOL = +30%, XRP = +21%, ADA = +15%, DOT = +12%, etc. It is not surprising that a lot of alts are up higher than Bitcoin the last month as Bitcoin had its own issues with the German government selling as well as Mt GOX. However, it is surprising that ETH is down more than BTC when unlike the other alts, it has the biggest event in the ETF trading. So the only conclusion that I can take is that people are now so scared about sell the news that they don't even buy the rumor. That is, these events are sell the rumor, and sell the news types. Crypto trading seems to be changing as people are adjusting their strategies.

ricosuave_3355

Yeah I was about to say when reading that comment lol. I don't think I've ever seen someone suggest buying XRP without being buried with downvotes and arguments in this sub.

Chronmagnum55

I'm sorry, but people on this sub did not tell you to buy ADA, XRP, and DOT. They get dumped on here all the time.

jinglesthemouse

Could’ve bought Doge, PEPE, WIF and secured my future but I listened to this sub and bought ADA, XRP and DOT. Smh I’m ruined…

biba8163

well to guard against under-performance by a single coin, smart crypt investors diversified their poorfolio and added some coins with use cases like STRAT, EOS and QTUM for smart contracts, ZCASH and DASH for privacy and a coin with enterprise adoption like XRP that would soon be adopted by banks /s

DBRiMatt

That's a little sad for LTC to be honest. I thought it would have beaten XRP atleast!

R4ID

> One wise man once said: "if you require to burn token to prevail, then there's something wrong with the tokenomics in the first place" Fees are burned, thats how the "token" gets burned. validators dont get rewarded like BTC miners. this makes the network deflationary. >So, your excuse for Ripple controlling this vast amount of XRP is because of testing new tech? No im telling you what was happening at the time in the space, there is no "excuse" because its not a fault, it is simply the reality of the situation. The tokens they have were given to them by the founders from the genesis wallet, their value when they received them was 0$. They then worked and developed their product fit solutions which increased the value of the token. They put in the most "dev" work, so should they not receive the largest reward? >The point is, that Ripple controls the value of XRP because they control the amount of XRP available for trading. Then why dont they set the value to 100$? They dont control the price of XRP otherwise they would set the price to as high as possible to create the most value for themselves. The market sets the price not them. They have no more control over it than Michael Saylor has over BTC's price, Vitalik/lubin over Eths price, Hoskinsen /IOHK has over ADA's price. Again you hold them to a higher standard than you do any of these other people and their respective projects, why? >That they announce their dumping of XRP into the market does not make it (much) better. how much ETH does Vitalik/Lubin/consensys hold? how much ADA does IOHK/hoskinsen hold? we legit have NO idea. Id much rather have the open and transparent situation of Ripple/XRP over the legit unknown of the others. >This is also a nice trick to bump up the market cap. Holding back ("locking") huge amounts of XRP they got from original minting and then dumping them onto the crowd. it has zero effect, the coins are already in circulation. they've been spent multiple times. CMC and others dont calculate circulating supply correctly for XRP. They choose to exclude Ripples holdings because they use an out of date API, if they were to query an actual node, it would show 99.9B in circulation. Again its a 100% premine, the tokens were spent my Ripple multiple times before they chose to escrow them. They dont do this manipulation of data for ETH/ADA and the others. https://x.com/coinmarketcap/status/1070077231047815168 >For a trader it does not make a difference if it is "real" inflation or "unlocking" pre-mined token. It is just more token on the market and putting pressure on the price. the token is already in the market. if I escrow my BTC, does CMC update the circ supply? no, same goes for everything else Except XRP. >So you'll have it both ways. They are independent and interact with each other. What is the truth now? It can only be independent or not. Im not having it both ways, you're simply failing to understand what they even are and how they interact. They are independent in the sense that that they are 2 completely different networks one private, Centralized and permissioned(Ripplenet) The other is open source, decentralized, permissionless(XRPL). Again like I said some of the more advanced features of Ripplenet require interaction with the XRPL. for example ODL only functions with the use of XRP, this can only occur on the XRPL. so when clients wish to use that feature, Ripplenet interacts with the XRPL. This isnt complicated. >Of course they interact and that's the way Ripple controls XRP. Show me the control. im still waiting. (you cant and we both know why) >The point is, that the price of XRP does not matter to Ripples business model. Customer A wants to send $1Million USD to thailand and convert it to Thai bhat(their currency). if XRP is 1$, it would require the purchase and selling of 1 Million XRP. Now do the same interaction but XRP is 10$ instead of 1$. It now requires 100k XRP instead of 1 Million. Tell me what happens to slippage in this case? (I'll give you a hint) its lower by a factor of 10 because you have 10x less total units required. The price of XRP is directly related to Ripples business model. The higher the value the more efficient their products become. They also as the largest holder gain the most by a higher price. You complain about Ripple "dumping" yet they usually lockback ~80-90% each months 1 Billion unlock and have been doing so since 2017. it gets locked back up for another 55 months. Ripple only hurts Ripple the most if they crash the price as they are the largest holder of the asset. it is in their best interest to increase the price of XRP. > Further, they can dump their XRP they got for free to fund their company. which is the largest Developer of tech for the token. Again Consensys sells ETH to fund their development of Eth. why do you hold XRP/Ripple to a higher standard? >And this is different from the other chains you mentioned. Their backers have an interest in stable or increasing price. as does Ripple because again, they are the largest holder of the token. They benefit the most from a higher price, this isnt hard to understand. >They do not dump huge amounts of token into the market. We legit dont know how much ETH consensys/vitalik/lubin hold, IOHK/hoskinsen hold. so you have no way of actually saying that or verifying its true... how do you not understand this? >They also don't hold back billions of token to pump market cap. again we dont know how much they hold so you have no way to claim what you just said is true. >And, finally, their business model is centered on the development of the token and not something completely different. You grossly misunderstand Ripples business model then. >I understand you are a fan of XRP and I don't want to change your opinion. the only thing that would change my opinion on any topic is something that can be proven to be true. so far youve presented nothing of the sort (go figure) and are still unable to answer any of my questions (go figure) >But for me it is important to explain the motives behind trading different coins. And from my point of view (and I admit that some details have not been entirely correct) XRP is different from others. You dont understand the topic, you realize you dont understand the topic, yet you still fill confident enough to form a very incorrect opinion on it. Dunning Krugger effect 101 >That Ripple is in control of it, is a pretty well known fact. then why cant you PROVE this is true? lol, you see the problem with your arguments right? Claiming 2+2=5 and saying its a pretty well known fact doesnt make it true. >And people should know the motives of Ripple and their business model, because it has a serious impact on the price and future of XRP. again, They benefit the MOST by increasing its value... basic game theory makes your argument laughably incorrect.

xanokothe

Why set your expectations so low, XRP 150$ EOY /s

josef3110

>Does the total amount of XRP in supply increase or decrease every 3-5 One wise man once said: "if you require to burn token to prevail, then there's something wrong with the tokenomics in the first place" >Anyone could of taken as much or as little as they liked from this wallet(and many people did) it was worth 0$ at the time but IIRC Roger Ver and Ex CEO of kraken Jesse took from the genesis wallet to test out the new tech. So, your excuse for Ripple controlling this vast amount of XRP is because of testing new tech? The point is, that Ripple controls the value of XRP because they control the amount of XRP available for trading. That they announce their dumping of XRP into the market does not make it (much) better. This is also a nice trick to bump up the market cap. Holding back ("locking") huge amounts of XRP they got from original minting and then dumping them onto the crowd. For a trader it does not make a difference if it is "real" inflation or "unlocking" pre-mined token. It is just more token on the market and putting pressure on the price. >Ripplenet interacts with the XRPL and some of its advanced functions only are possible with the XRPL, so no. you're wrong again in your understanding of those 2 networks and how they interact with each other. So you'll have it both ways. They are independent and interact with each other. What is the truth now? It can only be independent or not. Of course they interact and that's the way Ripple controls XRP. The point is, that the price of XRP does not matter to Ripples business model. I already explained the reasons and you did not deny them. And, because of that, they don't care about the price. Further, they can dump their XRP they got for free to fund their company. And this is different from the other chains you mentioned. Their backers have an interest in stable or increasing price. They do not dump huge amounts of token into the market. They also don't hold back billions of token to pump market cap. And, finally, their business model is centered on the development of the token and not something completely different. I understand you are a fan of XRP and I don't want to change your opinion. But for me it is important to explain the motives behind trading different coins. And from my point of view (and I admit that some details have not been entirely correct) XRP is different from others. That Ripple is in control of it, is a pretty well known fact. And people should know the motives of Ripple and their business model, because it has a serious impact on the price and future of XRP.

DBRiMatt

Damn, XRP isn't even stakeable. Stake rewards could have resulted in only being down by 20%

cascading_disruption

I think that XRP army aims at $589, at least that's what they said 5 years ago so $10 is you guys being more realistic lol

Every_Hunt_160

Most rational XRP holder ^

Original-Reveal-3974

This is going to end with you selling at a loss or becoming a forever baggie like XRP enjoyers.

Capital-Physics4042

XRP's path to $10 is now set in stone. Congrats hodlers. Ignore the negativity, they can't help it because they're insecure about what they're bag holding so they'll try to pull you down

Ambitious_Ad6157

XRP was working as usual too

Bailout-

Ever heard of XRP?;)

R4ID

> Calling unlocking billions of XRP deflationary is an interesting idea Does the total amount of XRP in supply increase or decrease every 3-5 seconds? the answer is pretty cut and clear here. Let me put it another way, If I have BTC and I lock it up in a time locked escrow to be released tomorrow, is that Inflation? did I "create" new or more BTC? Clearly the answer is no, the BTC was already in my wallet, live on chain. Yet the XRP that Ripple has had live in their wallets since 2012, which they locked up in 2017 to you is somehow "minting" or "inflation" ??? do you see the problem with your argument yet? like they've been posting publicly about their intentions the entire time https://ripple.com/insights/ripple-escrows-55-billion-xrp-for-supply-predictability/ this isnt that difficult. >but does not fit the math I learned in school. Clearly you didnt pay attention in math class then. >If XRP is independent from Ripple, then how come that Ripple can unlock these billions. https://xrpl.org/docs/concepts/payment-types/escrow/ because they put them in a timelocked escrow? or do you also not know what that means? Anyone can put any XRP they own in a timelocked escrow. Once the specified time has passed, Anyone can send what is called an "EscrowFinish" transaction to unlock the funds. Sometimes Ripple isnt even the one to send this transaction. People in the community have used this + the memo tag to put silly stuff attached to the unlock escrow message. stuff like this https://x.com/martypartymusic/status/1807925068858904746 it is often used to trick people who dont understand what is happening or who are new. >They did not buy them Correct, when the XRPL was created the 100 Billion "XNS" which would later become XRP were in the genesis wallet. the private key to that wallet is located here in the codebase https://github.com/XRPLF/rippled/blob/ffd453f7dd091b0499fd6ab964880c8268deead4/src/ripple/app/misc/NetworkOPs.cpp#L852-L854 Anyone could of taken as much or as little as they liked from this wallet(and many people did) it was worth 0$ at the time but IIRC Roger Ver and Ex CEO of kraken Jesse took from the genesis wallet to test out the new tech. At the time the community was much more focused on tech moreso, so to try out a brand new consensus method which didnt have the costly energy demanding PoW problem was very interesting to many people. >Whenever they need some funding they dump that stuff on you. They have had multi Series A,B and C rounds of Funding to the tune of hundreds of millions of dollars at this point. example (https://techcrunch.com/2019/12/20/ripple-raises-200-million-to-improve-global-payments/) And again, its Their XRP that they can do whatever they want with. You wouldnt blame BTC miners for selling BTC? or Vitalik/lubin/consensys for selling ETH? Hoskinson/IOHK for selling ADA? Charlie Lee for selling LTC? All those people actually created the thing or were the largest Dev(like Ripple) for that given project. ??? why do you hold Ripple to a different standard than the entire industry. I mean heck, we know exactly how much XRP Ripple has sold because they release that information in quarterly reports, yet for ETH, etc we have Zero idea how much they hold/sell. >And what do buyers get back? Nothing. The same thing buyers of BTC get back when miners sell. nothing. the network is open source and opt in. >Because the company's business is separated from your chain. Ripplenet interacts with the XRPL and some of its advanced functions only are possible with the XRPL, so no. you're wrong again in your understanding of those 2 networks and how they interact with each other. >I'll give you another example: CRO. Which was created by the company and the nodes are Run by the company. Again NEITHER of these apply to XRP as it existed before Ripple. >till it is controlled by CDC and thus all claims of an independent chain is just a facade. Provide examples as to how Ripple controls the XRPL. Show me how any of these are possible. when you realize none are you'll understand that Ripple doesnt control XRP or the XRPL. - Freeze XRP transactions - Reverse an XRP transaction - Doublespend on the network - Censor a user from spending their XRP - Force a code update on the validators - Create more XRP >I for myself would not call 117 validators a decentralized network. Show me the centralization. so far youve made a bunch of false claims which I dont even have to google to disprove so ??? >You can twist things the way you like. there is no "twisting" its what is the truth and what is delusions written by you. you're constantly failing to "verify" / prove your claims are true. Don't trust, but verify. you cant prove anything youve said is true (because most of it isnt) >Fact is, XRP and Ripple are not like any other crypto. I agree, XRP is fast, cheap, it scales, it has a built in Layer 1 Dex(the first in the world ever created) XRP invented the concept of token issuances (like ERC-20) XRP invented the first stablecoin, XRP has order books AND an Automatic market maker now (unlike ETH) its green so it doesnt destroy the planet with wastful energy usage, its more decentralized than BTC/ETH atm, has more fiat currency pairs than both of them combined atm. the list of things that XRP can do that others cant is quite long in fact. Ripple is a company tho, not a crypto. >And the fate of XRP is tightly bound to the fate of Ripple. Agreed, Ripple is the largest Dev, much like Consensys/IOHK etc are to their respective blockchains.

alesia123456

So many “safe bet Alts” like ADA,DOT,MATIC,XRP,AVAX and others creating new lows vs BTC

josef3110

>There is no inflation. the token is deflationary. Calling unlocking billions of XRP deflationary is an interesting idea, but does not fit the math I learned in school. If XRP is independent from Ripple, then how come that Ripple can unlock these billions. They did not buy them, that's for sure. Whenever they need some funding they dump that stuff on you. And what do buyers get back. Nothing. Because the companies business is separated from your chain. The money they make from your donation completely goes into their hands. Sounds like a perfect business model for the company while you only have the expenses. I'll give you another example: CRO. The token also runs on some open source software chain. And CDC claims it independent and even renamed the coin to have the mention of CDC gone. Still it is controlled by CDC and thus all claims of an independent chain is just a facade. >open source decentralized network I for myself would not call 117 validators a decentralized network. That's not something to be proud of. Even tendermint can run that many. And we all know that tendermint is not scalable.

biba8163

If you had invested $10,000 in one of the top 10 coins in July 19 2017, 7 years ago you would have: - ~$298,000 if invested in BTC - ~$180,000 if invested in ETH - ~$34,000 if invested in XRP - ~$17,000 if invested in LTC - ~$15,000 if invested in ETC - ~$1,500 if invested in NEM - ~$1,700 if invested in DASH - ~$6,500 if invested in IOTA - ~$47,000 if invested in XMR - ~$128 if invested in STRAT https://coinmarketcap.com/historical/20170717/

Zllimpat

I use litecoin for transactions daily. Like someone said, this is what crypto was supposed to be. And it’s the best one to use because it’s available on almost all exchanges, even small ones. Whereas XRP and ADA are not.

Gangaman666

The guy they donated to is a popular pro Crypto lawyer, he has represented many crypto companies in law suits including XRP. XRP payed him his fees in $1million worth of XRP. I'm willing to bet he requested the payments in crypto as he is a holder himself.

jphillips8648

XRP isn't decentralized.

Trentonhawk

Oh yeah, XRP is fast (probably faster), but for moving around large sums of $$, I definitely prefer LTC. I have transacted in XRP as well and also never a problem or high fees. But from what I have seen and read about confirmation times and fees, I thought Solana had that crown with it being able to do up to 65,000 TPS, theoretically. By comparison, ETH is about 30 TPS.

Abdeliq

>$LTC is the fastest and cheapest Blockchains to transact on. Confirmations in a few seconds to a few minutes and never a failed transaction. Fees are dirt cheap I've never used Litecoin to transact once and all my life I thought crypto with the fastest transaction is XRP

OderWieOderWatJunge

XRP is dead, it's just a dead cat bounce

R4ID

> Well, there is this effort to make it look like the chain is separate from the company. Becuase it is. Chain isnt company. Ripple runs 1 validator atm on the dUNL or 2.8% of the network. >But the truth is, that there would be no chain without the company. the chain was created and existed BEFORE ripple did. XRP's original name was "XNS". you'd know stuff like this if you looked at the public codebase. >It's like separating BSC from Binance. BNB/BSC was created by Binanace. Binanace runs the majority of nodes. Neither of those are true of XRP/XRPL and Ripple. >The company unlocks up to a billion of XRP every month. which they themselves chose to lockup in DEC 2017 in the middle of that bullrun. > It does not matter to traders of XRP if it is pre-mined and unlocked or minted. The inflation of XRP is evident. There is no inflation. the token is deflationary. Again it is a 100% premine. all tokens that have ever or will ever existed were created one june 2nd 2012 with this code https://github.com/XRPLF/rippled/commit/f0e3383856a8923e55b0f10e7822de9031b7159e Every single day since then the total supply has fallen and will continue to do so as fee's are burned. Look if you dont understand things about the topic, its best to ask questions so you can learn. Otherwise Im going to keep pointing out how incorrect you are. choice is yours.

Capital-Physics4042

XRP's golden cross just validated its near-term destiny of $10. Longer term, end of 2025, will be in the mid $20s

BABYSWITHRABYS

Nah it’ll be centralised. It’ll be the new XRP that no one cares about 😂

ThatChrisGuy7

XRP is loving this

josef3110

No hate, but just information of what traders are buying when dealing with XRP.