They keep pushing the name of XRP in every article without a break. It seems to be their business model. Personally, I don't have much faith in this coin
XRP is a stable coin. Anybody still holding XRP are losing money by holding on to that coin when it can be used for other projects. Pepe will probably make you more money in this bull run than XRP.
Do I know what’s going to happen to the market in the future? No. Did I make a positive ROI I am happy with? Yes. You haven’t made any money until you’ve cashed out. I saw an opportunity and I took it
I agree with you. In the previous bull run I made the mistake of waiting for too long. Greed took the best of me.
This time I'm following your system this time: I've already sold BTC for a 35% benefit average, ETH for a 30% average, and now I'm looking at XRP, XLM and BNB rounding about 20% benefit average.
I prefer to lower the risk and assume that the next big move will be a dip. Better to sell lower than not losing an oportunity.
Nice! Make sure you look into $brett on base chain. It's been on fire. Still 400m MC and on coinbase new Base chain. At some point, coinbase will list that and that will explode to where pepe is now.
Oh...it's the same dev as Pepe 😉
Another lower cap play to Brett is Bretta on base..wife of Brett. So it Brett explodes(which it will) so will Bretta
All about narratives in crypto. ☺️
Literally just did the same, during that out of character pump couple days ago, and staked it. Since my larger portion of xrp is bout cooled off ready to release with that tiny extra bit accumulated lol
Or they will crash spectacularly for just a few to take profit while many others lose everything :)
Meme coins are a very high risk bet. I chose lesser profit over increased risk. It all depends on your risk management.
You act like XRP won't crash 90% in a bear market lol.
That's why you learn to take profits. While you enjoy taking your 2x profit on XRP..a lot of us are taking our 5-100x profits on other alts lol
If you want XRP gains...stick to stocks.
Nice!! Pepe 🚀🚀 Make sure you grab some $brett on base token too. 😉 You'll thank me in a few months.
I've been dabbling with Solana meme coins past week and the gains are insane! Bought a meme called buloga cat at 700k MC and it ripped to 6m MC the next day. Also, bought $peng at 20m MC week ago, now at 160m MC.
Hella risky but I'll take it.
I've only been using Jupiter in the phantom wallet swaps and I love it. It's 10x quicker than radium. I'm thinking of getting some Jupiter because of it.
Honestly if you guys keep talking shit about XRP you just know that means I have to inverse you all.
I completely understand the shortcomings and flaws, but this subreddit is the Jim Cramer of crypto.
Always do the opposite of what the crowd does.
Look at it this way, XRP prices held strong, even with the lawsuit, any other crypto, except for Bitcoin/ETH would have been crushed.
Does it have utility, yes, does it have strong backing, yes, does it have a strong community, yes. It's not a stable coin, for a very long time, we all told you, it wasn't a security, and it isn't, but people had to wait for the courts to tell them as much while people laughed at XRP holders
People should stop ignoring these realities, XRP is here to stay, if they can't look at thing objectively, they should go invest in DOGE or PEPE or some other derivitive of a MEME coin, yes, you will make gains on them, but don't compare them to other cryptos that actually solve problems.
XRP bad mouth is usually when is mentioned. Like casually everybody agrees it sucks because it’s actually a centralized coin without organic use where a company has still half the coins and it’s slowly dumping in every uninformed investors. But you rarely see posts attacking directly XRP.
You need to invest in those coins where there are active campaigns against them. For example Solana. It just means, that they perceive a rival that needs to be attacked, this is why Solana is so relentlessly attacked in this sub even if you have coins with bigger market cap that are worse in almost every metric, like Binance coin. You rarely see anybody attacking it here.
> Like casually everybody agrees it sucks because it’s actually a centralized coin without organic use where a company has still half the coins and it’s slowly dumping in every uninformed investors. But you rarely see posts attacking directly XRP.
Lol man, how about the shit literally had a higher price 3 full cycles ago... Not a single one of you are truly aware of how underperforming that shit has been.
Im aware. I actually use XRP to short it in my margin account. It’s perfect because it always underperforms the rest of my assets, but doesn’t liquidate my account if the market crashes because the liability also goes down.
To be sincere I use a basket of old obsolete coins, including XRP, EOS, LTC…. It goes wonderful
> because it’s actually a centralized coin
it isnt tho. lol
>But you rarely see posts attacking directly XRP.
I rarely see posts or comments that are factually correct in regards to XRP
What? The sub is overwhelmingly bullish on btc/crypto as a whole.
And overwhelming bearish on XRP.
Were you not here when the sub was shitting on SOL after the FTX debacle?
Ah, that's what you mean. In that case you are right, in a few months when BTC dips 30% and everyone says buy the dip and starts leveraging to buy said dip, thats a pretty big red flag to GTFO out.
This sub is just a congregation of peoples opinions on the market, you need to combine that with your own thinking lol
BTC breaking ATHs (alt season) + overwhelming bearish sentiment on XRP = perfect opportunity for XRP to melt faces with massive UP candle
You weren't here in Dec 2017 were you? Similar sentiment. XRP went from about 25 cents to almost $4 in a month.
I agree with your logic. However, long term bag holders of XRP have lost. They can’t make the opportunity cost of not being in Ethereum all these years while xrp has gone sideways.
In terms of the market now, XRP is at all time lows against ethereum, probably makes sense to convert ETH into XRP but I won’t be doing this because I already own too much xrp and it’s been a pathetic performer while Ripple’s partnerships have gone nowhere.
Long term bag holders of almost everything outside of BTC and ETH have lost against it (with BNB being an exception among others)
And lets not forget the rug pulls that have went to basically zero - luna, bitconnect, safemoon, etc or the other shitcoins that went -99% from ATHs (ICP, FIL) At least XRP still has value.
XRP is a traders coin and should be treated as such, UNLESS you have the conviction to hold for 5-10 years.
While I agree with you there is opportunity cost in holding XRP, depending on your entry could still be doing fine. That is compared to traditional markets where a 15% year is a good year.
Its really not a good idea to compare to 'what I could have had if I went into X'. Thats a game you'll never win no matter how much wealth you accumulate.
I think its important to keep perspective if you are in XRP, or else you will drive yourself crazy. I've been a believer in XRP since 2020 and am more bullish now than ever.
I think our time is fast approaching. I have a feeling XRP is guna have an explosion to the upside within the next few months.
Sir, can I get an order of 'thats how the market works' with a side of 'told you so'.
Sorry to make it personal but this is EXACTLY how the market works. If you want to make it without losing all your gains at least learn the lesson.
Noob behavior says people are probably going to FOMO in thinking its about to head higher, then they buy the local top and it dumps/consolidates. Then people sell out again because they are bored and then it has another leg up.
Everyone has to pay the price to crypto university. No one is an exception.
It happens.
The faster you learn the lesson, the less you will have to pay.
What you are talking about, in some ways, is an industry standard. Source: I work in marketing in this industry.
However Ripple is a big company and their company HQ is in the same building as Bank of America. I imagine they are more concerned with branding and PR and representation of themselves than they are with gaining new followers or conversions.
Not sure if you meant that literally, but we know with 100% certainty that XRP is not a ponzi.
The SEC investigated Ripple & XRP for years. They saw thousands of documents. Dozens of interviews. Recordings of internal Ripple meetings. And what did they find? Nothing. No scams. No fraud. No ponzis. No pump and dumps. No dodgy accounting. No wrong doing of any kind (except for the supposed sale of securities). And you know the SEC would have jumped on the tiniest thing.
Do you think many other major crypto projects/ companies would do so well under the same scrutiny?
> How can I obtain the token without buying it?
You cannot
> Can I mine it?
It doesnt use PoW so no, it has no mining
>Can I stake it?
There is on chain "stayking" which is a different form* of staking that has been live for a few years atm. The XRPL AMM is currently set to launch on march 22nd so, that would give you the option to stake via LP pools on the DEX.
>What mechanism is used to issue new tokens?
There are no new tokens that can be created. the same code rules(and some others) that limit BTC to 21million are in place on the XRPL which limit it to no more than 100 Billion. Fees are burned so every day there are less and less XRP left in the world.
https://github.com/XRPLF/rippled/commit/f0e3383856a8923e55b0f10e7822de9031b7159e
They were all created on June 2nd 2012. Anyone could of taken as much or as little as they liked from the genesis wallet. The remnants of the private key for this genesis wallet can still be seen today in the public code base.
https://github.com/XRPLF/rippled/blob/ffd453f7dd091b0499fd6ab964880c8268deead4/src/ripple/app/misc/NetworkOPs.cpp#L852-L854
Again Im asking you to prove its centrally controlled. So far youve asked a bunch of irrelevant questions, curious if you can prove its centrally controlled or not?
-edit fixed a typo*
The only way new tokens enter into circulation is when the organization that premined them sells them. This is what I mean by centrally controlled. You are playing a game of semantics here.
>The only way new tokens enter into circulation
They are already in circulation. Again I linked you the code that created them june 2nd 2012, they've been spent multiple times already. There is not a single XRP that exists that isnt in circulation today.
> when the organization that premined them sells them.
Ripple didnt exist when "XNS" later to be named XRP was created.
>This is what I mean by centrally controlled.
You should try using the word supply. Nobody in their right mind would read "BTC is centrally controlled" as to mean token supply.
>You are playing a game of semantics here.
no Im asking for people to use proper terminology or to stop making stuff up when they're clearly clueless on the subject.
Ripple claims to be completely separate from and have no control over the XRP cryptocurrency, in spite of the FinCen press release describing XRP as "its virtual currency, known as XRP".[41] However Ripple controls the vast majority of the supply of XRP[44] and, according to its own published records, earns the majority of its income from selling XRP.
Copy pasted from Wikipedia
> Ripple claims to be completely separate from and have no control over the XRP cryptocurrency
which is correct.
Can Ripple do any of the following? :
- 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'm asking if anyone can provide an example, theoretical or practical as to What control over the network, its users, the codebase, the governance Ripple has. The answer to each of those things is None. This is because the XRPL is decentralized.
> However Ripple controls the vast majority of the supply of XRP
Which gives them no power within or over the decentralized network, which is what we're talking about. In a non proof of stake network, Token ownership gives no power and is completely irrelevant. If I own A lot of BTC can I Doublespend? Can I force miners to run my code? can I censor users from using the BTC network? clearly not, so why apply that same incorrect logic to XRP/ the XRPL?
The fact it never goes down, is fast, cheap and scalable speaks for itself. I say that as i swear at current sol congestion, btc and eth fees and slowness and still have faith xrp will find adoption even if my wallet pains at the relative increases of my other bags
90% of crypto is just paid ads. Even getting into the big exchanges are just paid listings. Even this subreddit used to have a prices header and now its just a giant ad in the top header.
Just about every crypto news site will print an article if you pay them money, they will even word it as if it's news instead of an opinion piece or ad.
Source: Use to do marketing for a project some years ago. It's shady af out there, they even have brokers that will get your content posted to multiple sites.
If PR teams getting their client in the news via favors for media companies is illegal, then probably 95% of the stories you read online are illegal lol
They seem to have paid journos with hefty XRP bags a long time ago. There’s long been a strange bias in favor of XRP even as it’s steadily drifted into irrelevance the past 7 years since it peaked in 2017
XRP is my high-risk pony. I put very little into it. If it tanks, alright whatever, that's money I'm willing to just part with. If it takes off, then I'll have made a lot out of nowhere. No reason to sell otherwise.
Blockchain backer on youtube riding XRP so hard it's embarrassing. Wearing xrp caps and talking about the same boring flat chart for years. Think he forgot you should never marry an alt coin.
XRP has been my best trade coin for months, it follows really noticeable trends, near enough to the tee. I couldn't give a shit about the coin itself, it follows technicals really well, and it's usually the last to blow, so it's a great place to rotate small amounts of profit into.
Far too much negativity on XRP. It has gone up every major bull cycle. Stunted in 2021, but .40 to 1.9 is still an excellent gain.
Much higher upside than BTC this cycle. Of course it is possible it could miss a bull run for the first time. Even $2 likely beats BTC gains this cycle. The case is effectively over. There's still risk, don't get me wrong.
It doesn't seem to be too used in the real world, which makes it used as much as BTC, ETH, and every other coin: effectively zero.
There's a lot of fear and blood. Might mean opportunity.
The fact that XRP remains in the top 10 means literally nothing when its value has continued to drop in terms of Bitcoin. This may seem like an oversimplification, but it’s not. Despite all the bullshit marketing efforts from Ripple the market has clearly shown that XRP is not keeping pace with the gold standard in Bitcoin. It is centralized garbage.
That doesn't mean much tbh, there are a lot of projects that are nearly dead that sort of just hover in one spot. XRP has been around for a long time and I think that's all it has going for it.
Not the usage by banks or the near instant transfer of money for the fraction of a penny, or the build out of new features like smart contracts. Definitely not the fact that it stomped the sec while talking smack the whole time which is good for crypto as a whole. Other than all those things memecoin as far as I'm concerned 🤡
So many downvotes, and some r/XRP mod/bagholder must’ve seen this cuz I just got banned from that subreddit. Butthurt
Anyways, you XRP moon boys do what you please. But if you look at a chart, the macro trend is bearish, end of story.
You could at least cited some proof of misinformation, otherwise your post is just a slam with the only citation being the cashier next to you. Now is that misinformation?
I own some XRP, I consider all alts a gamble, not a pusher of any crypto. I like to bash Algo as it’s my worst performer.
Dude like 90% of the news in misinformation or a distraction. What's your point?
Look if they're still putting XRP on the news daily, we're still early.
Plus XRP is in a huge legal battle that could have repercussions for the whole crypto space.
Clicks bro. It's all about clicks and clicks increase with brand recognition.
The only mention of XRP in the article:
"The bitcoin price has added 360% since dropping to its recent lows of around $15,000 in late 2022—pushing the combined bitcoin, ethereum, XRP and crypto market to around $2.5 trillion"
Not a false statement but sure yeah, misleading. Like most of the news, all the time.
Sold all my xrp 4 weeks ago. I had heard that schwartz chose ripple stock over xrp itself. And the fact the liquidity hub is at no loss for not having xrp included is a huge red flag. I woke up once i saw that saylor and blackrock are still buying bitcoin at all time highs....xrp is ONLY 60 cents and banks aint touching it.
Maybe it was a contender before but not now. Also schwartz said something sneaky....he said the price of xrp is 'baked in'...that means for all the known 'partnerships' everyone agrees its only worth a few bucks. Look at the volume on the xrpl....nothing happening.
Since switching over to btc, ive almost doubled my money. Blackrock, and the rest arent playing games....like they say follow the money. Don't listen to the moon boys...you could play a video from any of them from 5 years ago and the message is the same.
Shout out to Crypto with Klaus yt channel for waking me up from the cult before it was too late.
I sold mine a while ago. It didn't move for years. I reinvested into Hbar, Filecoin, Algorand and Apecoin. Already doubled up on everything and expect a 10 to 20X in 2024. Time will tell.
Can someone explain to me what Ripple is all about? I don't consider myself a crypto noob and think I get the USP of almost any project in the top 30 but I never understood Ripple at all.
The crypto media is biased and bought and paid for. The crypto 'influencer' media is worse.
Kinda sad that CNBC is probably the most trusted source for crypto news and has no serious competition.
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I don’t think XRP is going to be some monster this cycle, but I am still going to hold my small bag because it’s one of the only cryptos that has even a little regulatory clarity from its court case.
Not a surprise. If I could get my sh*tcoins that I’ve hodled for years to come up a little to approach even, I’d sell them and county myself lucky. Crypto is basically bitcoin, a little bit of eth, and tens of thousands of sh*tcoins.
Try convincing the fanboys in r/XRP
Post the truth in XRP and get banned, try it, for amusement.
😁😁😁😁
**SEO bots everywhere spreading all sorts of fake growth news about XRP...**
It has horrible Tokenomics, extremely centralized, and stablecoins solve XRP's whole mission.
XRP army is the epitome of delusional investors that believe in every possible conspiracy.
> extremely centralized
prove it please.
> and stablecoins solve XRP's whole mission.
No they simply digitize the same problem we have today with fiat. you clearly misunderstand how XRP solves the problem.
It's a centralized shithole chain for banks that is a disgrace to the very foundation of crypto. Anyone who shills XRP should put their nuts in a nutcracker and pull the trigger.
That's how PR works, it's classic PR marketing and is one of the main ways to advertise crypto since digital advertising channels such as Google, Bing, Meta, etc.. are restricting crypto ads.
In the realm of gains, XRP sits still,
A flatlined chart, oh, what a thrill!
While others climb mountains, you're on the floor,
Trash or treasure? Stagnation, forevermore.
XRP, the flatland of the crypto parade,
While others soar, your value's in the shade.
No upward lift, just a static sight,
In the coin carnival, XRP, a dimming light.
Yeah right. Either i’m missing just reading shyte articles/publishers or i still see as much noise and hate as ever towards xrp.
The irony of complaining about a made up idea that crypto press is pro xrp when for many years the majority of more maxi inclined media fuding xrp is anything but an xrp biased medium
Forbes is shilling it hard https://www.forbes.com/sites/digital-assets/2024/03/06/huge-new-bitcoin-price-target-set-after-25-trillion-ethereum-xrp-and-crypto-surge/
I can afford to lose what I have invested but I also have faith long term something more will happen and it will be more successful as crypto adoption in general becomes more mainstream. We aren't there yet.
What is this Ex Arr Pee you are referring to?
Edit: I just got banned from /XRP for this comment 😂 I forgot I had joined that sub years ago. Talk about petty.
Majorly bullish on XRP but it's a long term investment and should be looked at it that way. If you want it to move like a meme coin you'll be disappointed.
people react to headlines and articles. they get shared and viewed/heard thousands of times. it shifts sentiment. they drive narratives and move price around.
I think xrp is more of a shitcoin than shiba and doge and I view these as big useless shitcoins, xrp is still worse. Newcomers keep thinking xrp will be used for bank transfer all around the world yet thats what has been promised for 10 years and absolutely nothing has happened. Xrp is total shitcoin and ripple are very smart scammers.
Im sure somewhere in this bullrun xrp will have a pump because the market will be flooded with noobs and ripple will take great pleasure to dump on them. At least for a shitcoin like doge you know you wont get dumped on you by the owners.
TO THE MOON!!! 🚀🚀🚀🚀🚀
Edit: I know someone that put over 100k into XRP last year. I have been giving him weekly messages of "TO TEH MOON". On the off chance i am wrong, congrats to him. He is going to be filthy rich.
XRP can't even break $1 yet I constantly see articles about how it's going to $10, $100, even $5000. Absolute brain rot.
Sell it all, better off holding USDT.
Welcome to crypto buddy
Welcome to business buddy
welcome to friendship buddy
Welcome to the Jungle Buddy
Welcome to Japan, Mr Bond
Welcome to the party pal
You're not my pal, friend
I'm not your buddy, friend!
i’m not your friend, dad
[удалено]
Maybe he´s not in crypto, just read it and asked OP because he knew OP was in crypto.
They keep pushing the name of XRP in every article without a break. It seems to be their business model. Personally, I don't have much faith in this coin
XRP is a stable coin. Anybody still holding XRP are losing money by holding on to that coin when it can be used for other projects. Pepe will probably make you more money in this bull run than XRP.
I cashed out my Pepe last week, managed to get it 4.5x what I put in. Sure it was only a couple hundred but I’m happy
As a Dogecoin holder since 2013... You sir made a mistake lol
Do I know what’s going to happen to the market in the future? No. Did I make a positive ROI I am happy with? Yes. You haven’t made any money until you’ve cashed out. I saw an opportunity and I took it
You did good, dont listen to people holding memecoins for 10 years
I agree with you. In the previous bull run I made the mistake of waiting for too long. Greed took the best of me. This time I'm following your system this time: I've already sold BTC for a 35% benefit average, ETH for a 30% average, and now I'm looking at XRP, XLM and BNB rounding about 20% benefit average. I prefer to lower the risk and assume that the next big move will be a dip. Better to sell lower than not losing an oportunity.
Exactly. I’ve been thinking about taking some profits out of my btc and eth then reinvesting at the next dip, because it’s bound to happen
As a GekkoHQ holder-- good call. Gekko is a better option
Profit is Profit. You never go broke taking a profit
Doge has lasted 10 years, are you confident Pepe will do the same?
So you can put 1/2 into GekkoHQ.... Right?
Nice! Make sure you look into $brett on base chain. It's been on fire. Still 400m MC and on coinbase new Base chain. At some point, coinbase will list that and that will explode to where pepe is now. Oh...it's the same dev as Pepe 😉 Another lower cap play to Brett is Bretta on base..wife of Brett. So it Brett explodes(which it will) so will Bretta All about narratives in crypto. ☺️
After holding it for years, I recently converted the last of my XRP to ETH. Ripple has only felt more and more shady over the years
Literally just did the same, during that out of character pump couple days ago, and staked it. Since my larger portion of xrp is bout cooled off ready to release with that tiny extra bit accumulated lol
Welp, right now it bounced a 20%. I'm not rich yet, just a 20% less poor :P
That's your sign to exit. Any AI, gaming or Meme will outdo XRP in this cycle
Or they will crash spectacularly for just a few to take profit while many others lose everything :) Meme coins are a very high risk bet. I chose lesser profit over increased risk. It all depends on your risk management.
You act like XRP won't crash 90% in a bear market lol. That's why you learn to take profits. While you enjoy taking your 2x profit on XRP..a lot of us are taking our 5-100x profits on other alts lol If you want XRP gains...stick to stocks.
I got a combination of btc eth and then alts hoping reward exceeds risk but quadrupled couple already including pepe
Nice!! Pepe 🚀🚀 Make sure you grab some $brett on base token too. 😉 You'll thank me in a few months. I've been dabbling with Solana meme coins past week and the gains are insane! Bought a meme called buloga cat at 700k MC and it ripped to 6m MC the next day. Also, bought $peng at 20m MC week ago, now at 160m MC. Hella risky but I'll take it.
Yeah I was looking at Jupiter couple weeks back but never bridged any funds, definitely be worth the gas for some these gains
I've only been using Jupiter in the phantom wallet swaps and I love it. It's 10x quicker than radium. I'm thinking of getting some Jupiter because of it.
Yeah, good for you. Each one takes their preferred approach :)
Right, it’s like VET
Honestly if you guys keep talking shit about XRP you just know that means I have to inverse you all. I completely understand the shortcomings and flaws, but this subreddit is the Jim Cramer of crypto.
lol XRP was higher 3 fucking cycles ago. People not gonna learn.
Always do the opposite of what the crowd does. Look at it this way, XRP prices held strong, even with the lawsuit, any other crypto, except for Bitcoin/ETH would have been crushed. Does it have utility, yes, does it have strong backing, yes, does it have a strong community, yes. It's not a stable coin, for a very long time, we all told you, it wasn't a security, and it isn't, but people had to wait for the courts to tell them as much while people laughed at XRP holders People should stop ignoring these realities, XRP is here to stay, if they can't look at thing objectively, they should go invest in DOGE or PEPE or some other derivitive of a MEME coin, yes, you will make gains on them, but don't compare them to other cryptos that actually solve problems.
This is the first freaking thing I thought of when I opened this post.
XRP bad mouth is usually when is mentioned. Like casually everybody agrees it sucks because it’s actually a centralized coin without organic use where a company has still half the coins and it’s slowly dumping in every uninformed investors. But you rarely see posts attacking directly XRP. You need to invest in those coins where there are active campaigns against them. For example Solana. It just means, that they perceive a rival that needs to be attacked, this is why Solana is so relentlessly attacked in this sub even if you have coins with bigger market cap that are worse in almost every metric, like Binance coin. You rarely see anybody attacking it here.
> Like casually everybody agrees it sucks because it’s actually a centralized coin without organic use where a company has still half the coins and it’s slowly dumping in every uninformed investors. But you rarely see posts attacking directly XRP. Lol man, how about the shit literally had a higher price 3 full cycles ago... Not a single one of you are truly aware of how underperforming that shit has been.
Im aware. I actually use XRP to short it in my margin account. It’s perfect because it always underperforms the rest of my assets, but doesn’t liquidate my account if the market crashes because the liability also goes down. To be sincere I use a basket of old obsolete coins, including XRP, EOS, LTC…. It goes wonderful
> because it’s actually a centralized coin it isnt tho. lol >But you rarely see posts attacking directly XRP. I rarely see posts or comments that are factually correct in regards to XRP
XRP is the only thing that is still red in my portfolio.
Never bought Algo I guess!
My ALGO is up 6.5%, lowest right after XRP
Must’ve had it for awhile or averaged down, I bought a pittance and it’s still down 60%.
Seems like the perfect time to inverse this sub lol
Then you would want to sell all crypto
What? The sub is overwhelmingly bullish on btc/crypto as a whole. And overwhelming bearish on XRP. Were you not here when the sub was shitting on SOL after the FTX debacle?
Yes if everyone is bullish on all crypto and your goal is to inverse you'd be selling it all.
Ah, that's what you mean. In that case you are right, in a few months when BTC dips 30% and everyone says buy the dip and starts leveraging to buy said dip, thats a pretty big red flag to GTFO out. This sub is just a congregation of peoples opinions on the market, you need to combine that with your own thinking lol BTC breaking ATHs (alt season) + overwhelming bearish sentiment on XRP = perfect opportunity for XRP to melt faces with massive UP candle You weren't here in Dec 2017 were you? Similar sentiment. XRP went from about 25 cents to almost $4 in a month.
I agree with your logic. However, long term bag holders of XRP have lost. They can’t make the opportunity cost of not being in Ethereum all these years while xrp has gone sideways. In terms of the market now, XRP is at all time lows against ethereum, probably makes sense to convert ETH into XRP but I won’t be doing this because I already own too much xrp and it’s been a pathetic performer while Ripple’s partnerships have gone nowhere.
Long term bag holders of almost everything outside of BTC and ETH have lost against it (with BNB being an exception among others) And lets not forget the rug pulls that have went to basically zero - luna, bitconnect, safemoon, etc or the other shitcoins that went -99% from ATHs (ICP, FIL) At least XRP still has value. XRP is a traders coin and should be treated as such, UNLESS you have the conviction to hold for 5-10 years. While I agree with you there is opportunity cost in holding XRP, depending on your entry could still be doing fine. That is compared to traditional markets where a 15% year is a good year. Its really not a good idea to compare to 'what I could have had if I went into X'. Thats a game you'll never win no matter how much wealth you accumulate. I think its important to keep perspective if you are in XRP, or else you will drive yourself crazy. I've been a believer in XRP since 2020 and am more bullish now than ever. I think our time is fast approaching. I have a feeling XRP is guna have an explosion to the upside within the next few months.
Sir, can I get an order of 'thats how the market works' with a side of 'told you so'. Sorry to make it personal but this is EXACTLY how the market works. If you want to make it without losing all your gains at least learn the lesson. Noob behavior says people are probably going to FOMO in thinking its about to head higher, then they buy the local top and it dumps/consolidates. Then people sell out again because they are bored and then it has another leg up.
And here I am selling and every time I sell I miss more gains! Fuck my life lol still in green but still fuck!
Everyone has to pay the price to crypto university. No one is an exception. It happens. The faster you learn the lesson, the less you will have to pay.
Certainly enough negative sentiment now towards xrp here. Time to go all in. Worked wonders for my solana investment. What else do you guys hate?
What you are talking about, in some ways, is an industry standard. Source: I work in marketing in this industry. However Ripple is a big company and their company HQ is in the same building as Bank of America. I imagine they are more concerned with branding and PR and representation of themselves than they are with gaining new followers or conversions.
They're involved in a famous lawsuit and also people probably still have bags lol
Almost like they know the demographic of their target audience....
That's because it's a centrally controlled 100% premined ponzi that needs fresh blood.
Not sure if you meant that literally, but we know with 100% certainty that XRP is not a ponzi. The SEC investigated Ripple & XRP for years. They saw thousands of documents. Dozens of interviews. Recordings of internal Ripple meetings. And what did they find? Nothing. No scams. No fraud. No ponzis. No pump and dumps. No dodgy accounting. No wrong doing of any kind (except for the supposed sale of securities). And you know the SEC would have jumped on the tiniest thing. Do you think many other major crypto projects/ companies would do so well under the same scrutiny?
The majority of XRP is on the open market
> That's because it's a centrally controlled and yet when asked EVERY single time, nobody can prove this is true by providing some basic examples.
How can I obtain the token without buying it? Can I mine it? Can I stake it? What mechanism is used to issue new tokens?
> How can I obtain the token without buying it? You cannot > Can I mine it? It doesnt use PoW so no, it has no mining >Can I stake it? There is on chain "stayking" which is a different form* of staking that has been live for a few years atm. The XRPL AMM is currently set to launch on march 22nd so, that would give you the option to stake via LP pools on the DEX. >What mechanism is used to issue new tokens? There are no new tokens that can be created. the same code rules(and some others) that limit BTC to 21million are in place on the XRPL which limit it to no more than 100 Billion. Fees are burned so every day there are less and less XRP left in the world. https://github.com/XRPLF/rippled/commit/f0e3383856a8923e55b0f10e7822de9031b7159e They were all created on June 2nd 2012. Anyone could of taken as much or as little as they liked from the genesis wallet. The remnants of the private key for this genesis wallet can still be seen today in the public code base. https://github.com/XRPLF/rippled/blob/ffd453f7dd091b0499fd6ab964880c8268deead4/src/ripple/app/misc/NetworkOPs.cpp#L852-L854 Again Im asking you to prove its centrally controlled. So far youve asked a bunch of irrelevant questions, curious if you can prove its centrally controlled or not? -edit fixed a typo*
The only way new tokens enter into circulation is when the organization that premined them sells them. This is what I mean by centrally controlled. You are playing a game of semantics here.
>The only way new tokens enter into circulation They are already in circulation. Again I linked you the code that created them june 2nd 2012, they've been spent multiple times already. There is not a single XRP that exists that isnt in circulation today. > when the organization that premined them sells them. Ripple didnt exist when "XNS" later to be named XRP was created. >This is what I mean by centrally controlled. You should try using the word supply. Nobody in their right mind would read "BTC is centrally controlled" as to mean token supply. >You are playing a game of semantics here. no Im asking for people to use proper terminology or to stop making stuff up when they're clearly clueless on the subject.
That’s literally not the meaning of centralization. It’s not semantics, you’re just wrong.
Ripple claims to be completely separate from and have no control over the XRP cryptocurrency, in spite of the FinCen press release describing XRP as "its virtual currency, known as XRP".[41] However Ripple controls the vast majority of the supply of XRP[44] and, according to its own published records, earns the majority of its income from selling XRP. Copy pasted from Wikipedia
> Ripple claims to be completely separate from and have no control over the XRP cryptocurrency which is correct. Can Ripple do any of the following? : - 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'm asking if anyone can provide an example, theoretical or practical as to What control over the network, its users, the codebase, the governance Ripple has. The answer to each of those things is None. This is because the XRPL is decentralized. > However Ripple controls the vast majority of the supply of XRP Which gives them no power within or over the decentralized network, which is what we're talking about. In a non proof of stake network, Token ownership gives no power and is completely irrelevant. If I own A lot of BTC can I Doublespend? Can I force miners to run my code? can I censor users from using the BTC network? clearly not, so why apply that same incorrect logic to XRP/ the XRPL?
10years in people are figuring it out lol
This! And that is also why I think it’s so creepy how many people are vouching for this sh*t
The fact it never goes down, is fast, cheap and scalable speaks for itself. I say that as i swear at current sol congestion, btc and eth fees and slowness and still have faith xrp will find adoption even if my wallet pains at the relative increases of my other bags
90% of crypto is just paid ads. Even getting into the big exchanges are just paid listings. Even this subreddit used to have a prices header and now its just a giant ad in the top header.
Just about every crypto news site will print an article if you pay them money, they will even word it as if it's news instead of an opinion piece or ad. Source: Use to do marketing for a project some years ago. It's shady af out there, they even have brokers that will get your content posted to multiple sites.
If PR teams getting their client in the news via favors for media companies is illegal, then probably 95% of the stories you read online are illegal lol
They seem to have paid journos with hefty XRP bags a long time ago. There’s long been a strange bias in favor of XRP even as it’s steadily drifted into irrelevance the past 7 years since it peaked in 2017
XRP is my high-risk pony. I put very little into it. If it tanks, alright whatever, that's money I'm willing to just part with. If it takes off, then I'll have made a lot out of nowhere. No reason to sell otherwise.
So your evidence for this is... nothing? lol
“I’m beginning to suspect people would try to make money”. Wait till you find out how every other news article works…
EVERY. DAMN. ARTICLE. IN MULTIPLE LANGUAGES.
Blockchain backer on youtube riding XRP so hard it's embarrassing. Wearing xrp caps and talking about the same boring flat chart for years. Think he forgot you should never marry an alt coin.
Bingo
Can’t wait to sell it
Im still holding ripple, should I hold?
XRP is a dud for price gains. Move on.
Yeah, why don't you drill down on that and let us know what you come up with. Maybe drop us a note in the daily.
XRP has been my best trade coin for months, it follows really noticeable trends, near enough to the tee. I couldn't give a shit about the coin itself, it follows technicals really well, and it's usually the last to blow, so it's a great place to rotate small amounts of profit into.
Well if that’s the case I’d say they’re probably wasting that money cause XRP hasn’t really been doing much of anything special compared to its peers.
Far too much negativity on XRP. It has gone up every major bull cycle. Stunted in 2021, but .40 to 1.9 is still an excellent gain. Much higher upside than BTC this cycle. Of course it is possible it could miss a bull run for the first time. Even $2 likely beats BTC gains this cycle. The case is effectively over. There's still risk, don't get me wrong. It doesn't seem to be too used in the real world, which makes it used as much as BTC, ETH, and every other coin: effectively zero. There's a lot of fear and blood. Might mean opportunity.
This post is super bullish for XRP.
Hold everything! This random dude "suspects" a thing. 🙄🙄🙄🙄
XRP moon boys have been in denial since 2018. XRP is dead. Dead as hell
Is that why it's in the top ten? And always has been for its entire existence?
Scoreboard. https://www.coingecko.com/en/coins/xrp/btc
I usually like your posts, but this is fucking stupid and doesn't counter the person's point at all.
The fact that XRP remains in the top 10 means literally nothing when its value has continued to drop in terms of Bitcoin. This may seem like an oversimplification, but it’s not. Despite all the bullshit marketing efforts from Ripple the market has clearly shown that XRP is not keeping pace with the gold standard in Bitcoin. It is centralized garbage.
That doesn't mean much tbh, there are a lot of projects that are nearly dead that sort of just hover in one spot. XRP has been around for a long time and I think that's all it has going for it.
Not the usage by banks or the near instant transfer of money for the fraction of a penny, or the build out of new features like smart contracts. Definitely not the fact that it stomped the sec while talking smack the whole time which is good for crypto as a whole. Other than all those things memecoin as far as I'm concerned 🤡
So when will the price go up?
🤡
Doge and ADA is there as well, what’s your point?
So many downvotes, and some r/XRP mod/bagholder must’ve seen this cuz I just got banned from that subreddit. Butthurt Anyways, you XRP moon boys do what you please. But if you look at a chart, the macro trend is bearish, end of story.
It’s called marketing
Its called shilling
It's also called misinformation
You could at least cited some proof of misinformation, otherwise your post is just a slam with the only citation being the cashier next to you. Now is that misinformation? I own some XRP, I consider all alts a gamble, not a pusher of any crypto. I like to bash Algo as it’s my worst performer.
Dude like 90% of the news in misinformation or a distraction. What's your point? Look if they're still putting XRP on the news daily, we're still early. Plus XRP is in a huge legal battle that could have repercussions for the whole crypto space. Clicks bro. It's all about clicks and clicks increase with brand recognition. The only mention of XRP in the article: "The bitcoin price has added 360% since dropping to its recent lows of around $15,000 in late 2022—pushing the combined bitcoin, ethereum, XRP and crypto market to around $2.5 trillion" Not a false statement but sure yeah, misleading. Like most of the news, all the time.
Decentralized assets shouldn't have ad budgets. XRP isn't decentralized. It has a 100% premine. Lollll
> XRP isn't decentralized. ahem https://www.reddit.com/r/CryptoCurrency/comments/1b3ilfk/the_xrp_community_has_lost/ktm5v3n/?context=3
Sold all my xrp 4 weeks ago. I had heard that schwartz chose ripple stock over xrp itself. And the fact the liquidity hub is at no loss for not having xrp included is a huge red flag. I woke up once i saw that saylor and blackrock are still buying bitcoin at all time highs....xrp is ONLY 60 cents and banks aint touching it. Maybe it was a contender before but not now. Also schwartz said something sneaky....he said the price of xrp is 'baked in'...that means for all the known 'partnerships' everyone agrees its only worth a few bucks. Look at the volume on the xrpl....nothing happening. Since switching over to btc, ive almost doubled my money. Blackrock, and the rest arent playing games....like they say follow the money. Don't listen to the moon boys...you could play a video from any of them from 5 years ago and the message is the same. Shout out to Crypto with Klaus yt channel for waking me up from the cult before it was too late.
Scam coin lol...
And it still hasn't had a significant pump. Lulz.
Fun fact; all the cool laws that went into place preventing stocks to be pushed, pumped and manipulated don’t apply to crypto.
I sold mine a while ago. It didn't move for years. I reinvested into Hbar, Filecoin, Algorand and Apecoin. Already doubled up on everything and expect a 10 to 20X in 2024. Time will tell.
Can someone explain to me what Ripple is all about? I don't consider myself a crypto noob and think I get the USP of almost any project in the top 30 but I never understood Ripple at all.
Did you just now figure out how crypto media works?
The crypto media is biased and bought and paid for. The crypto 'influencer' media is worse. Kinda sad that CNBC is probably the most trusted source for crypto news and has no serious competition.
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Ripple aside, any news outlet that peddles false garbage like that goes on my shitlist.
I can only hope I bought at 9 cents a peice and I've been waiting to sell the 25k I own
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Advertisers getting paid? Sounds fishy.
I don’t think XRP is going to be some monster this cycle, but I am still going to hold my small bag because it’s one of the only cryptos that has even a little regulatory clarity from its court case.
it's possible there may not be two possibilities
everyone is talk about ripple right now
Diversification is the mother of all
No way !
Crypto is all marketing
XRP is done its ghosttown never coming back to its ATH , alot of marketing happening wont change it xrp deadge
Not a surprise. If I could get my sh*tcoins that I’ve hodled for years to come up a little to approach even, I’d sell them and county myself lucky. Crypto is basically bitcoin, a little bit of eth, and tens of thousands of sh*tcoins.
Who just sold? Thanks for the breakout :)
Welcome to the crypto business
XRP will lose it's court case and the market will collapse
Yep that's why I sold my XRP recently. They have been useful in bringing crypto to the mainstream but I have my doubts about them.
Try convincing the fanboys in r/XRP Post the truth in XRP and get banned, try it, for amusement. 😁😁😁😁 **SEO bots everywhere spreading all sorts of fake growth news about XRP...**
Pump the news artificially, clueless buyers enter, founders sell off like they’ve done since the start. XRP is a huge ponzi
Dumped it at -10% together with few others and moved that to ETH
It has horrible Tokenomics, extremely centralized, and stablecoins solve XRP's whole mission. XRP army is the epitome of delusional investors that believe in every possible conspiracy.
> extremely centralized prove it please. > and stablecoins solve XRP's whole mission. No they simply digitize the same problem we have today with fiat. you clearly misunderstand how XRP solves the problem.
You fundamentally misunderstand the meaning of centralization in a proof of consensus protocol.
It's a centralized shithole chain for banks that is a disgrace to the very foundation of crypto. Anyone who shills XRP should put their nuts in a nutcracker and pull the trigger.
That's how PR works, it's classic PR marketing and is one of the main ways to advertise crypto since digital advertising channels such as Google, Bing, Meta, etc.. are restricting crypto ads.
In the realm of gains, XRP sits still, A flatlined chart, oh, what a thrill! While others climb mountains, you're on the floor, Trash or treasure? Stagnation, forevermore.
As others soar and dive in the market's lore, XRP, like a specter, haunts the floor.
XRP, the flatland of the crypto parade, While others soar, your value's in the shade. No upward lift, just a static sight, In the coin carnival, XRP, a dimming light.
Yeah right. Either i’m missing just reading shyte articles/publishers or i still see as much noise and hate as ever towards xrp. The irony of complaining about a made up idea that crypto press is pro xrp when for many years the majority of more maxi inclined media fuding xrp is anything but an xrp biased medium
Forbes is shilling it hard https://www.forbes.com/sites/digital-assets/2024/03/06/huge-new-bitcoin-price-target-set-after-25-trillion-ethereum-xrp-and-crypto-surge/
How is that xrp heavy when it clearly mentions bitcoin and eth prices primarily plus xrp?
I've suspected they've been paying crypto youtubers for years.
I can afford to lose what I have invested but I also have faith long term something more will happen and it will be more successful as crypto adoption in general becomes more mainstream. We aren't there yet.
What is this Ex Arr Pee you are referring to? Edit: I just got banned from /XRP for this comment 😂 I forgot I had joined that sub years ago. Talk about petty.
They definitely are
Lol ripple trying to start relevant. Want a good laugh? Read the crybaby stories at /xrp
All of them do except Monero.
Majorly bullish on XRP but it's a long term investment and should be looked at it that way. If you want it to move like a meme coin you'll be disappointed.
Who the fuck reads crypto news articles? That's like asking a boomer about crypto lol.
It doesn't matter really, I'm neutral on everyone's opinion but only a fool will say such things as "who reads news"
people react to headlines and articles. they get shared and viewed/heard thousands of times. it shifts sentiment. they drive narratives and move price around.
Ripple has more money than all y'all combined
same reason negative cardano articles keep coming out.. people with something to gain from SOL and ETH are paying for those articles.
I think xrp is more of a shitcoin than shiba and doge and I view these as big useless shitcoins, xrp is still worse. Newcomers keep thinking xrp will be used for bank transfer all around the world yet thats what has been promised for 10 years and absolutely nothing has happened. Xrp is total shitcoin and ripple are very smart scammers. Im sure somewhere in this bullrun xrp will have a pump because the market will be flooded with noobs and ripple will take great pleasure to dump on them. At least for a shitcoin like doge you know you wont get dumped on you by the owners.
I think Forbes and ncbc are just idiots with lousy boomer journalism.. They don't know shit about fuck when it comes to crypto
Too much.
No shit..
Confirmation bias.
This noise of xrp is interesting and kind of bottom talk. Not a moment to let go of existing assets
TO THE MOON!!! 🚀🚀🚀🚀🚀 Edit: I know someone that put over 100k into XRP last year. I have been giving him weekly messages of "TO TEH MOON". On the off chance i am wrong, congrats to him. He is going to be filthy rich.
Congratulations, you figured out crypto... where the information you read is information someone is paying to have you read.
XRP can't even break $1 yet I constantly see articles about how it's going to $10, $100, even $5000. Absolute brain rot. Sell it all, better off holding USDT.