Andromed4 (OP)
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December 11, 2020, 06:00:48 PM |
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Is the snapshot allready been taken? The reason I am asking is since some crypto articles are a little vague. I thought it would be 00:00 UTC this night right?
If some could clarify would be appreciated.
Thnx in advance!
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Indymoney
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December 11, 2020, 06:02:25 PM |
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Is the snapshot allready been taken? The reason I am asking is since some crypto articles are a little vague. I thought it would be 00:00 UTC this night right?
If some could clarify would be appreciated.
Thnx in advance!
No because I have an email from Krackan here is all details about this. The snapshot of XRP balances takes place on December 12 2020 at approximately 12 am UTC (the first validated XRP ledger with a timestamp greater than or equal to 00:00 UTC on December 12 2020)
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Andromed4 (OP)
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December 11, 2020, 06:07:07 PM |
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Ah great, thnx for the fast reply. Take care man!
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cabron
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December 11, 2020, 06:26:23 PM |
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Too excited to dump your XRP? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Wake up by this time December 12 2020 at approximately 12 am UTC. I sure would expect the XRP will drop down to $0.24 less than an hour after the snapshot. Its the reason why XRP spike and why many had tried buying the XRP is all because of it. I hope they won't change their minds that they will not distribute Flare tokens when XRP isn't inside their wallets anymore or else Spark is a bitch
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Andromed4 (OP)
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December 11, 2020, 07:04:33 PM |
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tippytoes
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December 11, 2020, 07:56:56 PM |
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Too excited to dump your XRP? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Wake up by this time December 12 2020 at approximately 12 am UTC. I sure would expect the XRP will drop down to $0.24 less than an hour after the snapshot. Its the reason why XRP spike and why many had tried buying the XRP is all because of it. I hope they won't change their minds that they will not distribute Flare tokens when XRP isn't inside their wallets anymore or else Spark is a bitch I have read in several exchanges that you just need to wait for the completion of their snapshot and you're good to go. So it means, you can sell your XRP right after the snapshot is over. And it depends on your exchange, you need to check their announcements before you trade your XRP, or you will not be eligible for SPRK airdrop. I'm following this also as I have XRP in one of the supported exchanges, and planning to sell right after as I have the feeling that it will really go down after this snapshot.
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Stedsm
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December 11, 2020, 08:31:28 PM |
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I don't think that you'll lose anything even during this time when almost all alts are showing a great run towards making their new ATHs. XRP looks like being on a spree towards getting a hold above $1 if BTC stabilizes at some level. And I truly don't believe that Spark will be left anywhere behind, so a win-win. Just hodl after the snapshot because there's a possibility people will dump down XRP just to re-enter it a bit lower.
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Bitcoin_Arena
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December 11, 2020, 10:37:10 PM |
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I sure would expect the XRP will drop down to $0.24 less than an hour after the snapshot. Its the reason why XRP spike and why many had tried buying the XRP is all because of it.
I am actually surprised it hasn't dumped yet, but I have a very high feeling it will dump an hour or 30 minutes right before the snapshot. The Reason being, not everyone is holding XRP for the airdrop. Some whales have probably realized a lot of profits and it's about time to cash out before other holders start dumping right after the snapshot. I saw this kind of thing happen with the recent BCH fork event. It's all about psychology.
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seleme
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December 11, 2020, 10:59:28 PM |
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sell your XRP after the snapshot, that's what a lot of people do. and buy again at a low price then you will get multiple benefits. because later after the XRP price snapshot will fall in, take advantage of this moment to look for profits. so you can get airdrops and benefit from XRP. it will make you happy.
well I think the price of XRP has collapsed first before the snapshot occurs because usually it is used by many whales to play with the price by raising it earlier after that it will make the price collapse before the snapshot occurs, and you can see that the price collapses, hopefully the Spark price is more expensive than the price of XRP to keep it profitable. Buy the news and sell the fact ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) The whales and market makers know the market psychology and they will dump the pre-bought XRP to the new investors who late to the party as usual. The price will crash sooner than they will be able to place a sell stop order which will not be executed due to the natural volatility nature of the crypto markets.
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Andromed4 (OP)
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December 11, 2020, 11:12:18 PM |
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the party has allrdy begun, im safe and took my profit. Ill buy up 5 minutes before the snap and sell again 5 min after and see what ii get in 2021 from flare/binance
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plr
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December 11, 2020, 11:22:21 PM |
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Too excited to dump your XRP? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Wake up by this time December 12 2020 at approximately 12 am UTC. I sure would expect the XRP will drop down to $0.24 less than an hour after the snapshot. Its the reason why XRP spike and why many had tried buying the XRP is all because of it. I hope they won't change their minds that they will not distribute Flare tokens when XRP isn't inside their wallets anymore or else Spark is a bitch They won't change their mind it's already a commitment for those who participate or else they will lose their reputation, their is no rule that you cannot sell your XRP after the snap shot is over they will become the top coin that did not honor their commitment so I'm sure they will proceed with the distribution.
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jossiel
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December 11, 2020, 11:51:30 PM |
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You have nothing to lose man, you are in good shape woth this airdrop and even holding your XRP. the party has allrdy begun, im safe and took my profit. Ill buy up 5 minutes before the snap and sell again 5 min after and see what ii get in 2021 from flare/binance
Very well done. You know how it really works when it comes to these forks. That's quick buck that you've got.
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crzy
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December 11, 2020, 11:54:36 PM |
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Mind the time difference and I think the update has already begun unfortunately our local wallet didn’t support the update so I have no choice but to only watch the party. Anyway, enjoy on profit taking and know when to exit the party, the price didn’t move that much though.
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Peanutswar
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December 12, 2020, 12:19:18 AM |
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the party has allrdy begun, im safe and took my profit. Ill buy up 5 minutes before the snap and sell again 5 min after and see what ii get in 2021 from flare/binance
There is some quite disturbing on my side because according to the statement of the binance so in this case, there is a chance that our funds do not credit right now if we already pulled it out within for example is 12:00-12:30 UTC? I'm hoping they already snap with the time of 12:00 because it's too hard to wait on the market if they still hold with the market price of the xrp which is 0.52 right now 12:14 UTC after the 12:00 the price of the xrp rapidly decreasing and there is a chance it will go for another dump. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fu5nfXfy.png&t=665&c=bXMcmagApCwsMw)
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Bitcoin_Arena
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December 12, 2020, 12:22:56 AM |
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Mind the time difference and I think the update has already begun unfortunately our local wallet didn’t support the update so I have no choice but to only watch the party. Anyway, enjoy on profit taking and know when to exit the party, the price didn’t move that much though.
You should have used an exchange that supports the snapshot like Binance, Kucoin etc. It's always good to be prepared in advance. There was a mini dump but the price of XRP seems to be recovering from it. Perhaps because Bitcoin was rising at the same time ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FPvVmJfp.png&t=665&c=L2cmVL-vb6NJxQ) Seen how the dump started an hour before the snapshot as I said earlier on ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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rdluffy
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December 12, 2020, 12:25:41 AM |
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I'm trying to find reliable information, but I'm doubt ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Already bought some XRP on Binance, 10 minutes before 12am UTC, but not sure about the exact time it's good to sell, there some info on website: "When is the Snapshot date? The first validated XRP ledger with a timestamp greater than or equal to 00:00 GMT on 12th December 2020." Source: https://flare.ghost.io/claiming-spark-faq/I'll wait a little more, but I don't think market will dump a lot of XRP because we are in a good moment and market cap is growing I'll try to find if the snapshop is already done
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zonefloor
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December 12, 2020, 12:27:43 AM |
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I have no idea when to take snapshot. But I recommend that you sell your xrp after taking a snapshot. Because I think it will dump. If you want to keep xrp in your hand later, you can collect it after it falls. But if you want to make a profit on both sparktoken and xrp, I suggest you sell it.
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Genemind
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December 12, 2020, 12:38:49 AM |
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I have no idea when to take snapshot. But I recommend that you sell your xrp after taking a snapshot. Because I think it will dump. If you want to keep xrp in your hand later, you can collect it after it falls. But if you want to make a profit on both sparktoken and xrp, I suggest you sell it.
It will surely fall, the hype on Spark is over and XRP didn't even reach the price they were expecting due to the hype. I hope holding XRP for the airdrop will be worth it. Only 15% of what users are holding will be released after the snap and the remainder will be distributed over the next 25 to 34 months.
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kayvie
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December 12, 2020, 07:26:18 AM |
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Mind the time difference and I think the update has already begun unfortunately our local wallet didn’t support the update so I have no choice but to only watch the party. Anyway, enjoy on profit taking and know when to exit the party, the price didn’t move that much though.
You should have used an exchange that supports the snapshot like Binance, Kucoin etc. It's always good to be prepared in advance. There was a mini dump but the price of XRP seems to be recovering from it. Perhaps because Bitcoin was rising at the same time ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FPvVmJfp.png&t=665&c=L2cmVL-vb6NJxQ) Seen how the dump started an hour before the snapshot as I said earlier on ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) That's true, if you hold your xrp in a wallet, the possibility that your funds to get trap is high. We have witnessed the sudden dump in the price of xrp at exactly the time the snapshot. Many holders have sold their xrp right away without any hesitation.
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Bitstar_coin
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December 12, 2020, 09:14:04 AM |
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I always knew that will be the end result after the snapshot has been taken, a massive sell off, it was obviously clear that it was because of the airdrop the price of xrp pump that high in the first place, I hope the spark airdrop will be worth otherwise it will be a waste.
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