Xrp - Spark snapshot

[raidarksword]

Is it true the given spark token for the snapshot will be only 15% and the rest will be on next year and it will be locked also? Correct me if am wrong and hope it will be worth it of the people bought it at a high price before the snapshot taken.

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[zeingrind777]

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.

I agree. XRP is indeed one of the cryptos that deserves to be stored in the long term. I didn't expect to get spark tokens. I have been holding XRP for a long time even though there was no token spark airdrop event. What I'm hoping for is increased mass adoption leading to price increases on XRP

[huiji2011]

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

What a fabulous operation, congratulation. Almost every time it is pump before snapshot, and down after snapshot quickly, but soon stable.  The exchange i keep my XRP on it is not any of news about this Xrp - Spark snapshot, so pity for me.

[tvplus006]

Is it true the given spark token for the snapshot will be only 15% and the rest will be on next year and it will be locked also? Correct me if am wrong and hope it will be worth it of the people bought it at a high price before the snapshot taken.

I think that these rules will be changed more than once. But it is obvious now that under the terms of airdrop, only 15% of the total amount will be credited at the time of creating the snapshot. The remaining interest will be calculated based on how many XRP coins you will continue to hold. Thus, those who immediately sold XRP coins after the snapshot can not expect to receive spark more than 15% of their deposit.

[kentrolla]

Spark has disastered the XRP price I didn't expected such a big drop after a pump many were eager to see the price may go upto 1.5$ but its going down day by day, I think the airdrop was the core reason for this.

Once after the airdrop happened people started to sell their holdings, XRP is one of my favorite asset and now it has disappointed me as the price is dropping.

[Bitcoin_Arena]

Any news about the spark distribution?

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

What exchange are you using?
All the information about the airdrop is usually in the announcements days before the snapshot

The snapshot took place on 12th - December - 2020 at 00:00 UTC so  even if you sold your coins after 1 minute, you will receive part of the airdrop. But their airdrop isn't going to be immediate of course

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.

It did, maybe you did follow the chats well.
No coin in the top 10 has performed better than XRP in the last 30 days despite dropping by more than 20% in the last 7 days

There was no significant drop in the price of XRP when the Spark airdrop ended, so what many feared didn't happen.

Already dropped by over 20% in the last 7 days and still going down as compared to other coins. Isn't that a significant drop?

[fishbonez11]

There was no significant drop in the price of XRP when the Spark airdrop ended, so what many feared didn't happen.

Already dropped by over 20% in the last 7 days and still going down as compared to other coins. Isn't that a significant drop?

He is maybe trying to tell that it was expected to see a big dump and going down of price. Yes, XRP goes down but not that much. People who bought months ago is still in profit. This only shows that XRP is not much affected by the airdrop. XRP might show sudden pump again in the next few days. The hype already ended and XRP might be recovering.

[chanler]

Any news about the spark distribution? Its been 2 days now but still no update from the exchange I'm holding lol.

What exchange you are holding XRP? Binance? I am also the same as you, there is no spark I got so far. I also don't get the information if the reward distribution is postponed. Does anyone know about the reward distribution for XRP holders in Binance? If someone knows, please tell me about it. I need your help guys.

[maxreish]

Spark has disastered the XRP price I didn't expected such a big drop after a pump many were eager to see the price may go upto 1.5$ but its going down day by day, I think the airdrop was the core reason for this.

Expect that xrp needs some correction. Though it went down almost 20% from the price but maybe Spark Snapshot has something to do with the drop because to think that many holders of xrp suddenly sell off their xrp after flare network snapshot causes the dump price of xep.

What's the panic though? We've been benefiting from it until now. New ATH has been reached so it may actually hit another again soon.

[Cherylstar86]

Spark has disastered the XRP price I didn't expected such a big drop after a pump many were eager to see the price may go upto 1.5$ but its going down day by day, I think the airdrop was the core reason for this.

Expect that xrp needs some correction. Though it went down almost 20% from the price but maybe Spark Snapshot has something to do with the drop because to think that many holders of xrp suddenly sell off their xrp after flare network snapshot causes the dump price of xep.

What's the panic though? We've been benefiting from it until now. New ATH has been reached so it may actually hit another again soon.

That's not a problem if holders will sell xrp, another opportunity for the frustrated buyer since last time they've failed to do it. Corrections always takes place after that sudden dump, embrace that good chances and face the new chapter of xrp. Let's ride with another waves and take your profit sooner.

[asriloni]

Any news about the spark distribution? Its been 2 days now but still no update from the exchange I'm holding lol.

What exchange you are holding XRP? Binance? I am also the same as you, there is no spark I got so far. I also don't get the information if the reward distribution is postponed. Does anyone know about the reward distribution for XRP holders in Binance? If someone knows, please tell me about it. I need your help guys.

did you read spark FAQ? It will not be the same like another airdrop coins when these coins will be credited in your account instantly. The reward will be credited into your account gradually. That needs a half of year to complete the distribution for spark token.

[tbct_mt2]

Already dropped by over 20% in the last 7 days and still going down as compared to other coins. Isn't that a significant drop?

It is a small drop if you take into account how amazing its growth is in previous weeks. XRP rallied and increased a lot in past few weeks and 20% correction is not a big one.

Its rally is far beyond any expectation of XRP holders. The price of this rally is still far below the all time high of XRP in 2018 but I think XRP enthusiasts should satisfy with this rally and I hope they already enjoyed by exit. Some can get profits by investment in bottom months ago but some could have opportunity to cut loss after many months of holding and waiting.

They can cut loss, wait for the 20% correction to buy up and wait for the price is lower 20% than all time high to exit. It is a wise strategy if they know all time high is always very strong resistance. 20% below all time high can be more easily reachable.

[Pamadar]

Spark has disastered the XRP price I didn't expected such a big drop after a pump many were eager to see the price may go upto 1.5$ but its going down day by day, I think the airdrop was the core reason for this.

Expect that xrp needs some correction. Though it went down almost 20% from the price but maybe Spark Snapshot has something to do with the drop because to think that many holders of xrp suddenly sell off their xrp after flare network snapshot causes the dump price of xep.

What's the panic though? We've been benefiting from it until now. New ATH has been reached so it may actually hit another again soon.

That's not a problem if holders will sell xrp, another opportunity for the frustrated buyer since last time they've failed to do it. Corrections always takes place after that sudden dump, embrace that good chances and face the new chapter of xrp. Let's ride with another waves and take your profit sooner.

You just need to play smart, the market for this coin is active so better to work with your benefits.

This dropped gives you opportunities to place your position, if you think or if you believe that there's chance to gain from
this project, buy now and wait for the value to pumped up. it's not the end or something the project will bring you good
profits if you know how to work with your knowledge.

[Bitcoin_Arena]

It is a small drop if you take into account how amazing its growth is in previous weeks. XRP rallied and increased a lot in past few weeks and 20% correction is not a big one.

Its rally is far beyond any expectation of XRP holders. The price of this rally is still far below the all time high of XRP in 2018 but I think XRP enthusiasts should satisfy with this rally and I hope they already enjoyed by exit. Some can get profits by investment in bottom months ago but some could have opportunity to cut loss after many months of holding and waiting.

They can cut loss, wait for the 20% correction to buy up and wait for the price is lower 20% than all time high to exit. It is a wise strategy if they know all time high is always very strong resistance. 20% below all time high can be more easily reachable.

20% is no small drop my friend, and remember the 20% was based on the price 7 days ago and not the actual peak price. If we consider the drop the peak price, It's almost going to negative 50% and the drop hasn't stopped yet while other coins haven't shown any significant movements.

Peak Price ~ $0.78
Current Price ~$0.46

This one day chart should give a clear picture.

[djgtr]

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

There's nothing to do with fear, but certainly the price increase of xrp will take dominance in the next few days and bigger investors who were risk taker will have to grab this opportunity. More analysis will come out with different thoughts out of the current chart, but still grateful that I still see more traders actively can afford what they'll going to lose. As xrp recovery is in the process, don't let your emotions ruin your perspectives and always ignore possible panic that could destroy your positiveness.

[kidbounty]

There's nothing to do with fear, but certainly the price increase of xrp will take dominance in the next few days and bigger investors who were risk taker will have to grab this opportunity. More analysis will come out with different thoughts out of the current chart, but still grateful that I still see more traders actively can afford what they'll going to lose. As xrp recovery is in the process, don't let your emotions ruin your perspectives and always ignore possible panic that could destroy your positiveness.

don't be too optimistic guys. Take a look at today's XRP prices, and think again. use at the indicators you trust, you'll see all the signals go down. this is no good, if you're too optimistic. Maybe XRP is still worth holding in the future, but for now there is more reason to sell than to hold.

[paglarhat]

There's nothing to do with fear, but certainly the price increase of xrp will take dominance in the next few days and bigger investors who were risk taker will have to grab this opportunity. More analysis will come out with different thoughts out of the current chart, but still grateful that I still see more traders actively can afford what they'll going to lose. As xrp recovery is in the process, don't let your emotions ruin your perspectives and always ignore possible panic that could destroy your positiveness.

don't be too optimistic guys. Take a look at today's XRP prices, and think again. use at the indicators you trust, you'll see all the signals go down. this is no good, if you're too optimistic. Maybe XRP is still worth holding in the future, but for now there is more reason to sell than to hold.

Mr. Please hope to cooperate a little.
I hold cryptocurrency all the time,
I still have 700 XRP.
Can I hold on for a long time?
Or will the XRP price go down a lot again?

[Maxre]

Nobody knows, while you understand the risks why be afraid of your choices? Whatever decision you make, that's what you have to believe in, if you feel uncomfortable with your current position, you are free to take any action.

[Kemarit]

There's nothing to do with fear, but certainly the price increase of xrp will take dominance in the next few days and bigger investors who were risk taker will have to grab this opportunity. More analysis will come out with different thoughts out of the current chart, but still grateful that I still see more traders actively can afford what they'll going to lose. As xrp recovery is in the process, don't let your emotions ruin your perspectives and always ignore possible panic that could destroy your positiveness.

don't be too optimistic guys. Take a look at today's XRP prices, and think again. use at the indicators you trust, you'll see all the signals go down. this is no good, if you're too optimistic. Maybe XRP is still worth holding in the future, but for now there is more reason to sell than to hold.

Surprised to see the XRP today is bottoming again after the fork and people are still optimistic that it will go to $.90 again with no more significant news to bring the price to a hype again? I doubt it, so probably the best time to sell is that during when it peak at $.90.

But then again, those who bought at the current price will not make any money, so this is a lesson learn that after the hype, everyone should liquidate because it's a clear sign that a dump is incoming, which eventually happen to XRP right now.

[btc78]

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.

False because the Snapshot take place at 12 in the morning UTC time and not midnight ,you can clarify that in some post in  page 1 and 2 of this thread.

What comes to my interest is the outcome of the said airdrop to the XRP community,does anyone enjoyed and make some good profit from this?
or they are just still buried in wrong decisions of investing and holding XRP for this Spark from flare network?