Xrp - Spark snapshot

[inanilujimi]

It has been more than 9 hours of snapshots and the price of XRP continues to fall, hopefully the airdrop will be worth it later, even though only 15% will be distributed next year and more than 2 years for holders to get 100% of the results of airdrop spark.

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[peter0425]

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)

Thanks for this mate since Binance has no update about this time schedule i assume also that this is 00:00 UTC.

have checked my wallet but nothing happens lol.


Waiting for the last 2 hours,and let's see what is the faith of ripples price now.

[Akiko]

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.

Actually they only use The airdrop to create hype and increase the price of XRP they even give fake prediction of the price of XRP around social media platform that's why many believe that was true. It's only use so other holders and bankers can sell their xrp on top and leave the market after. I even think that they already sold their coins before the snapshot happen that why it's hard for the price to increase.

[raidarksword]

Too excited to dump your XRP?   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

For sure xrp holders are glued in their monitors now and watching any moves in the market. It is expected to go down because of the hype of spark airdrop brought to the community and majority of people wants to take profit after the snapshot is complete. I hope spark airdrop will not dismay people who bought xrp at higher price.

[fishbonez11]

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.

Luckily the price did not fall at an instant. In the past few days, XRP is just going with how the Bitcoin price goes. If Bitcoin doesn't rise today, surely XRP will hit its rock bottom. I'll just finish this hype and I'll buy XRP again. Lets see how the price will go after this event

[IkonaDro4ku]

I didn't even think to participate in this drop but here I am in it and all because of the fall in the price of ripple.
do you think soon ripple will cost 60 cents again?
And what do you think the price of this token will be?

[cytpoway121]

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!

The snapshot already happened today the 12th of december 2020; at 12 am prompt (utc). And more importantly, it means that as at the time of the snapshot (i.e 12:00 utc) you must hodl ripple either in your storage (wallets, cold storage etc) or the supported exchange platforms for the airdrop. I conducted my own at the okex exchange where i held my ripple; and i took profits already too from ripple. Its  a win win for me

[tvplus006]

Luckily the price did not fall at an instant. In the past few days, XRP is just going with how the Bitcoin price goes. If Bitcoin doesn't rise today, surely XRP will hit its rock bottom. I'll just finish this hype and I'll buy XRP again. Lets see how the price will go after this event

At the time when the price of XRP began to decline after the snapshot, the price of NEM (XEM) in contrast began to increase. Over the past 12 hours, the value of the coin has already increased by 25%. This is similar to the fact that there is now a transfer of money from XRP to NEM to participate in the upcoming airdrop, which will take place on January 14. Binance exchange has already supported this airdrop for NEM (XEM) holders): https://www.binance.com/en/support/articles/983a85523b36455b8d802b2c3723fa5f

[Andromed4]

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!

The snapshot already happened today the 12th of december 2020; at 12 am prompt (utc). And more importantly, it means that as at the time of the snapshot (i.e 12:00 utc) you must hodl ripple either in your storage (wallets, cold storage etc) or the supported exchange platforms for the airdrop. I conducted my own at the okex exchange where i held my ripple; and i took profits already too from ripple. Its  a win win for me

I noticed a little sell off between 23:00 and 23:24ish UTC (not sure if people where confused about the snapshot time or it had something to do with time zones). Ive sold some of mine (with a bit of panic) at 23:06 UTC. Ive bought myself in again on 23:58 UTC and sold again around 00:03 UTC time because there was another mini sell off exactly at 00:01UTC. So anyhow if I am correct and/or lucky (whatever spark may be worth when its on the market) Im "Snapshotted xD" with a loss of around 50 dollars but I made a profit hours before the snapshot the same day. So I will see what will be dropped between Q1 and Q2 in 2021.
 
Thnx for the insights

[Iyeman]

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!

The snapshot already happened today the 12th of december 2020; at 12 am prompt (utc). And more importantly, it means that as at the time of the snapshot (i.e 12:00 utc) you must hodl ripple either in your storage (wallets, cold storage etc) or the supported exchange platforms for the airdrop. I conducted my own at the okex exchange where i held my ripple; and i took profits already too from ripple. Its  a win win for me

I noticed a little sell off between 23:00 and 23:24ish UTC (not sure if people where confused about the snapshot time or it had something to do with time zones). Ive sold some of mine (with a bit of panic) at 23:06 UTC. Ive bought myself in again on 23:58 UTC and sold again around 00:03 UTC time because there was another mini sell off exactly at 00:01UTC. So anyhow if I am correct and/or lucky (whatever spark may be worth when its on the market) Im "Snapshotted xD" with a loss of around 50 dollars but I made a profit hours before the snapshot the same day. So I will see what will be dropped between Q1 and Q2 in 2021.
 
Thnx for the insights

It's starting to go down again right now https://coinmarketcap.com/currencies/xrp/
another 15% down for XRP in a day. Just hope the price of spark token will be worth a few cents and that will worth with your effort and lose.
people are starting to short the market right now. I wonder what will be happening with the price of XRP in the next days started from now.

[Coin_trader]

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!

The snapshot already happened today the 12th of december 2020; at 12 am prompt (utc). And more importantly, it means that as at the time of the snapshot (i.e 12:00 utc) you must hodl ripple either in your storage (wallets, cold storage etc) or the supported exchange platforms for the airdrop. I conducted my own at the okex exchange where i held my ripple; and i took profits already too from ripple. Its  a win win for me

I noticed a little sell off between 23:00 and 23:24ish UTC (not sure if people where confused about the snapshot time or it had something to do with time zones). Ive sold some of mine (with a bit of panic) at 23:06 UTC. Ive bought myself in again on 23:58 UTC and sold again around 00:03 UTC time because there was another mini sell off exactly at 00:01UTC. So anyhow if I am correct and/or lucky (whatever spark may be worth when its on the market) Im "Snapshotted xD" with a loss of around 50 dollars but I made a profit hours before the snapshot the same day. So I will see what will be dropped between Q1 and Q2 in 2021.
 
Thnx for the insights

It's starting to go down again right now https://coinmarketcap.com/currencies/xrp/
another 15% down for XRP in a day. Just hope the price of spark token will be worth a few cents and that will worth with your effort and lose.
people are starting to short the market right now. I wonder what will be happening with the price of XRP in the next days started from now.

Don't worry about the price of the spark since they decided to control the release of the airdrop token into tranches distribution. I'm not expecting that spark token price will fall below XRP price. The real problem here was people that losing on there XRP holdings will have a longer waiting time to recover that loss using there spark token since it may take a year or more to get all the airdrop token. But the good news is the price might skyrocket by the time they get 100% airdrop.

[slashz9]

already taken in 00.00 UTC than mean 16 hours ago, and after that in just 1 minute some people sell their XRP with total amount 1,5 million xrp.
that make market down for a while, and start recover after that,and will be distributed on january 2021 AFAIK.

[Lhaine]

already taken in 00.00 UTC than mean 16 hours ago, and after that in just 1 minute some people sell their XRP with total amount 1,5 million xrp.
that make market down for a while, and start recover after that,and will be distributed on january 2021 AFAIK.

It's expected to happen many whales already sell their coins before even the snopshot started.

Only small portion will be distributed in Q 1 of 2021 if im not mistaken it's around %15 will recieve in Q1 the other will take place after a year distributed it by portion to all holders of XRP before the snapshot. If you are not storing your xrp to supported exchange you will not recieve any fee token.

[zonefloor]

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.

As I mentioned in the previous post, I think it will also experience a decline. Sparks tokens will be distributed to so many people that I don't think it will make a significant amount of money. As you said, it did not come at the expected price. But I hope I am wrong and everyone earns money from this business.

[gaston castano]

Exactly on 12 dec 00: 00 utc midnight a snapshot was taken, after which all those who hold ripple coins can sell their xrp if they store it on the exchange, as there are some exchanges that support and do not support the airdrop program.

[takngantuk]

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




Seen how the dump started an hour before  the snapshot as I said earlier on  

Yes you're right. yesterday there was a dump in the market maybe this is because of the effect of those who fear there will be a big dump and sell it. but today XRP is still stable at 0.5 $, if this continues until bitcoin dominance drops, there may be a price increase for XRP

[kotajikikox]

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!

Any news about the spark distribution?

Its been 2 days now but still no update from the exchange I'm holding lol.

Though ripple is still in bad shape so i can't decide yet to sell it all or just keep it for a while.

This airdrop don't even bring Hype to the ripple value instead the Bull od November is the one who brings it all to Pump reaching $0.75 at the most.

[darkphoenix2610]

The snapshot took place at the exact 00:00 UTC last December 12, 2020. And Ripple (XRP) was already ready to make transactions after the snapshot happened. And just as expected so many withdraw their XRP right after the snapshot which caused the huge dump of XRP price, but it's recovering a little now.

[kapalmabur]

The snapshot took place at the exact 00:00 UTC last December 12, 2020. And Ripple (XRP) was already ready to make transactions after the snapshot happened. And just as expected so many withdraw their XRP right after the snapshot which caused the huge dump of XRP price, but it's recovering a little now.

December 12th has passed, and the airdrop spark is over, the impact that has been on XRP was very clear,
before the snapshot happened, the XRP price had an incredible pump, 100% more, and now that the snapshot is over,
the XRP price has a dump 17 % during this week.

[MCobian]

There was no significant drop in the price of XRP when the Spark airdrop ended, so what many feared didn't happen.
It's true that XRP's price has dropped, but it's still in the normal category. Just now the XRP price is starting to recover quickly.
Indeed, the quality of XRP as a top 3 cryptocurrency is not in doubt. Even though the XRP event to get the Spark token ends,
but holding XRP is still very profitable. So I think holding XRP should be done, because based on my prediction the XRP price
will continue to rise. And it could reach a price of $ 1 in 2021.