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Author Topic: Could 2020 Hold Exponential XRP Growth?  (Read 283 times)
JessicaVL (OP)
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November 28, 2019, 11:36:11 AM
 #1

A Quora user must have gotten the surprise of their life when their question was answered by legendary investor Tim Draper himself. When posing a question about when Ripple is going to reach its quickest high profits, Draper responded saying that the XRP price is about to go through some “explosive growth.” So, what is Ripple exactly, and could 2020 hold exponential XRP growth? Let’s investigate how the Ripple price will increase towards 2020.

https://twitter.com/nakul8787/status/1186616095903342593?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1186616095903342593&ref_url=https%3A%2F%2Fu.today%2Fripples-xrp-is-in-for-explosive-growth-prominent-venture-investor-tim-draper-says

What is Ripple?
So, what is Ripple? Ripple is the company behind XRP, that was first released in 2012 by Chris Larsen and Jeb McCaleb. Ripple is known for its digital payment protocol, which operates on an open-source, peer-to-peer decentralized platform that enables users to make seamless transactions of any currency - digital or otherwise - whether it be USD, Bitcoin, Litecoin, or Yen. 

At the time of writing, Ripple is the third largest cryptocurrency, sitting with a market cap of $9,566,362,392 (according to CoinMarketCap). The Ripple price is at $0.220933.

https://www.youtube.com/watch?v=UmaWDpg4fMU

XRP growth
Could 2020 hold exponential XRP growth? According to Tim Draper, XRP’s price is set to skyrocket in the next few months. “Looking at the three-time growth of Bitcoin over the past 5 months, one would expect a similar result from XRP.” Draper believes that XRP should have already surpassed $0.6 or $0.9 by now, which would be because of the result of Ripple’s expansions and the partnerships they’ve entered into recently.

Draper continues, “The company is actively developing, expanding the sphere of influence, enlisting the support of large financial institutions and constantly improving the technology of transfers.” Clearly somebody’s bullish on XRP at the moment, and his reasoning behind it is pretty sound. With all of Ripple’s expansions as of late, it would make sense for the coin to pick up in the near future.

Finally he argues that, “In addition, Ripple is owned by SBI, a large corporation with companies such as R3. Everything indicates that the current situation, only the calm before the storm, in our case, before the explosive growth.” XRP price is set for exponential growth in 2020, and Draper clearly knows it. Should we take the advice of a prominent and well-respected investor like himself? Most definitely. With the digital asset markets heading for a bull run in the near future, it’s pretty obvious that Draper is bullish on XRP, and Ripple’s price. 

https://www.youtube.com/watch?v=Jj1RcbhvacQ

Draper Bullish on XRP
So could 2020 hold exponential XRP growth? Yes, at least according to Tim Draper. With so much experience in the crypto asset industry, it’s very likely that he sees something that others don’t. This crypto bull is clearly feeling bullish on XRP, and we should definitely take notice.

Learn to trade XRP on eToro, the world’s leading social trading platform. Learn more at www.etoro.com

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework. Your capital is at risk.


https://www.etoro.com/blog/market-insights/could-2020-hold-exponential-xrp-growth/
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November 29, 2019, 01:00:30 PM
 #2

Nowhere in your links did Tim Draper say to buy Ripple or said some positive or bullish statements about XRP. This is fake news. I hope readers would be more discerning. You can't fomo here, this section of Bitcointalk is hardly visited by altcoiners.


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November 29, 2019, 03:54:50 PM
 #3

If Tim draper did say that he should be careful, hes gonna get sued. not to mentioned how stupid it makes him sound
"ya, i predict this clock will reach 3PM, idk when, but it will happen"   ya no shit lol
anyone in crypto calling a pump is manipulating you into buying bags. of course if 1000's of people believe it will pump and buy in, it will pump, thats called supply and demand lol
if they only hang out on twitter where discussions can be censored, they are nothing to crypto. plain and simple

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November 30, 2019, 07:00:51 AM
 #4

I think since a few years ago the ripple has been expanding and always looking for partners or doing partnerships with financial companies, especially banks. But it seems that the effort is in vain and there is no real impact and growth for the ripple. If it only grows because it's triggered by a pump, then any altcoin can do it.
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November 30, 2019, 11:09:12 PM
 #5

I don't see any future for XRP and it's going down in 2020 even more like it's already gone down. Banks, Ripple's target group, will never use XRP to make XRP's devs richer than Bill Gates, banks will instead launch an own coin, most likely backed by newly printed fiat money.
People are mostly aware about Ripple fake news and know to avoid it.



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November 30, 2019, 11:14:34 PM
 #6

Draper Bullish on XRP
Mmmm, I don't care who's bullish on ripple, it's a centralized crypto just one step above stable coins, and that isn't saying much for it. 

I don't see any future for XRP and it's going down in 2020 even more like it's already gone down.
You all got that right, brother.  I see 2020 as a good year for cypto in general but a bad one for shit coins like ripple.  You might be able to make some very short term profits with it, but it's not a coin to hold for the long term.  And by 'long term' I mean more than a few days at most.
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December 01, 2019, 04:10:22 PM
Merited by gaston castano (3)
 #7

huh ?
it's totally different with what news i read and i totally believe about that news.
u know what ?
XRP is going to ZERO on 2020,well i know what u feel, its soo sad, itsn't ?
according to that news , the XRP community has seriously expressed their displeasure about the coin’s progress (or lack thereof). Now, reports have added to XRP’s woes, as a recent forecast has put XRP’s price at $0.00, as early as February 2020.
and also veteran economist, alex krugger on his tweet says "Regressing $XRP against time starting Jan/1/2018 using a linear regression forecasts price to hit zero next February. #Perspective"

but well, we dont know exactly about the future , but , at least what i say will make you think twice about how XRP performance on this year.

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December 02, 2019, 12:43:50 AM
 #8

yes it could because the coin is manipulated as **** haha
they already admited that they control the volume and price of the coin so i dont see a reason that there wont be another bull run to bring more fans until
they need to add some fuel to the fire, dont they ?
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December 02, 2019, 02:21:09 AM
 #9

If a nice bull run is there in 2020 and Bitcoin goes back to $20K or above, XRP could also go towards it old highs of $3 and higher.
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December 02, 2019, 02:52:54 AM
Merited by gaston castano (1)
 #10

huh ?
it's totally different with what news i read and i totally believe about that news.
u know what ?
XRP is going to ZERO on 2020,well i know what u feel, its soo sad, itsn't ?
according to that news , the XRP community has seriously expressed their displeasure about the coin’s progress (or lack thereof). Now, reports have added to XRP’s woes, as a recent forecast has put XRP’s price at $0.00, as early as February 2020.
and also veteran economist, alex krugger on his tweet says "Regressing $XRP against time starting Jan/1/2018 using a linear regression forecasts price to hit zero next February. #Perspective"

but well, we dont know exactly about the future , but , at least what i say will make you think twice about how XRP performance on this year.

I think that there's a possibility for the rise of xrp because you can't underestimate how many of the newcomers don't know anything about this space.
Or why bitcoin is the most valued one. They see xrp as a "cheap" and fast altcoin and they will not understand the value of permissionless coins or how the coins are valuated at all.
So before xrp runs into major legal trouble, they will probably buy as much as they can because xrp shill army will probably do their work with newbs.

While i do dislike it and what it stands for, i could buy some xrp for speculative short term reasons.

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December 02, 2019, 03:30:05 AM
 #11

I have some of my investment put to ripple because of its lower transactions fees but faster processing payment. I know that would be on of the reason why ripple will increase in 2020 and also it now using by banks.
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December 02, 2019, 03:46:46 AM
 #12

Actually I don’t believe in XRP too much.Yes XRP is one of the top and safe coin. But there ROI in last few years is very low. Even they are promising and team working on it.But the can't give there investors good return.So I would love to hold BTC than XRP.       

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December 02, 2019, 04:45:35 AM
 #13

huh ?
it's totally different with what news i read and i totally believe about that news.
u know what ?
XRP is going to ZERO on 2020,well i know what u feel, its soo sad, itsn't ?
according to that news , the XRP community has seriously expressed their displeasure about the coin’s progress (or lack thereof). Now, reports have added to XRP’s woes, as a recent forecast has put XRP’s price at $0.00, as early as February 2020.
and also veteran economist, alex krugger on his tweet says "Regressing $XRP against time starting Jan/1/2018 using a linear regression forecasts price to hit zero next February. #Perspective"

but well, we dont know exactly about the future , but , at least what i say will make you think twice about how XRP performance on this year.

I think that there's a possibility for the rise of xrp because you can't underestimate how many of the newcomers don't know anything about this space.
Or why bitcoin is the most valued one. They see xrp as a "cheap" and fast altcoin and they will not understand the value of permissionless coins or how the coins are valuated at all.
So before xrp runs into major legal trouble, they will probably buy as much as they can because xrp shill army will probably do their work with newbs.

While i do dislike it and what it stands for, i could buy some xrp for speculative short term reasons.
No more possibility for ripple and what will you expect from ripple? Utility? smartcontract? or multi billions of pre-mined coin that will be unlocked gradually and dumped to the market?
I think that you must try to consider about the technical aspect why ripple will not have a lot of chance to create another comeback again.

I just curious about, do they have a lot of money to buy more and more pre-mined coin in any quarter?

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December 02, 2019, 05:45:53 AM
 #14

No more possibility for ripple and what will you expect from ripple? Utility? smartcontract? or multi billions of pre-mined coin that will be unlocked gradually and dumped to the market?
I think that you must try to consider about the technical aspect why ripple will not have a lot of chance to create another comeback again.

I just curious about, do they have a lot of money to buy more and more pre-mined coin in any quarter?

I don't give a f about ripple fundamentals, i've always thought that they are not presenting the right values and to my knowledge they haven't changed. As i said i only believe it could have a speculative rise on the bullrun because markets are stupid and people don't care for it being a centralized shitcoin until they have to. That's when the bitcoin permissionless fundamentals kick in and maybe people start to pay attention for reasons of why exactly it's valued so high.

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December 02, 2019, 06:41:11 AM
 #15

I don't understand why people are trying to hold XRP while its value increased less and less. Many people are getting fomo by some bullshit community without knowing what the reality is like. In my opinion, holding XRP will be a waste of the next big bull run in 2020. Why don't we try to hold Bitcoin for the halving event but choose the long-term XRP hold? The profits will certainly be greater for those who hold Bitcoin from now on. Do not be a loyal fan of a business when its profitability index is too low compared to other potential coins.

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December 02, 2019, 07:52:19 AM
 #16

I don't understand why people are trying to hold XRP while its value increased less and less. Many people are getting fomo by some bullshit community without knowing what the reality is like. In my opinion, holding XRP will be a waste of the next big bull run in 2020. Why don't we try to hold Bitcoin for the halving event but choose the long-term XRP hold? The profits will certainly be greater for those who hold Bitcoin from now on. Do not be a loyal fan of a business when its profitability index is too low compared to other potential coins.
because of the many new exchanges that come and add XRP as usual besides ETH, so many people come to buy it without having to know what XRP is? the scary thing is when the XRP owner drops the price it could be worth $ 0, I worry about that unlike other altcoins that are not held by the owner so it's not easy to be dropped

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December 02, 2019, 10:06:31 AM
 #17

Yeah, all those reasons was told by Tim Draper and seems like they just tryin' to promote this crypto and when they get profit they will sell it. Remember, XRP is centralized coin which mean there are some developer/people who have a bunch of XRP on their wallet (bag holder) so I just worried when XRP meet increasing price the bag holder will sell their XRP on their wallet and make its price back to decrease again.
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December 02, 2019, 01:56:13 PM
Last edit: December 02, 2019, 05:33:33 PM by Bezobraznike
 #18

   I hold some XRP's, I bought last year when there was a lot of talking around about XRP. I hold what I bought, from that time
price declined and I'm starting to lose confidence in XRP.
   Many coins I have are down, it's not the main reason why I lost confidence in XRP. Lately I have been reading what some of
my Twitter acquaintances have to say about XRP and many agrees that XRP didn't do what they promise they will. That affects
the price, without nothing new they can't expect nothing to happen positive.



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December 02, 2019, 03:02:10 PM
 #19

At the time of writing, Ripple is the third largest cryptocurrency, sitting with a market cap of $9,566,362,392 (according to CoinMarketCap). The Ripple price is at $0.220933.
Let them churn out a few billions of coins and if that happens then they could claim that it is the largest cryptocurrency in the market Tongue, it is a centralized coin and i am not expecting a huge return in the coin in the near future and if bitcoin can give me a much better profit then why should i invest in a centralized coin and wait for the market to go up when i have much better alt coins better than XRP.
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December 02, 2019, 05:23:16 PM
 #20

I'd be careful with Ripple. Since the epic bull run in late 2017, Ripple foundation has been actively offloading huge bags of XRP on the market. This is 2019, The days of lining up to buy coins based on hype are gone. The fact that Ripple foundation are selling some of their holdings is quite different from the adoption of their payment systems. Don't buy based on people's opinion/shilling.

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