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Author Topic: XRP - yes or no?  (Read 3864 times)
JamesDaniel90 (OP)
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March 03, 2024, 08:52:13 PM
 #401

A few of my altcoins have been pumping a lot this last week and I have continued to put some profits into XRP.

It gets a bad name but has been in a lawsuit for years now but if they can finally break free from that lawsuit then I expect at least $5 this bull run, hopefully $7-10
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March 04, 2024, 05:46:53 AM
 #402

Well after Ripple did release 1 Billion tokens from escrow now it did lock 800 Million tokens. And this did cause much interest about why they did this.

It made the price of each token rise to 0.62 but now the tokens are 0.63.  It is a strategic move for Ripple to regulate the market supple of the XRP tokens.

https://crypto.news/ripplesc-escrow-locks-800m-xrp-fuels-market-momentum/
 

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March 04, 2024, 08:20:42 AM
 #403

Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.

With a market cap of $21m already, how high can this really go if all goes well?

Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.

Are you for or against XRP?


I am for XRP.


Hope so, although 95% on this forum will disagree with that.

Hopefully XRP will surprise everyone.

well that is all what XRP supporter must do now because like what you said? only few that agreed with those beliefs because seeing how XRP performing these days? i don't know where is this heading now.

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March 04, 2024, 10:01:24 AM
 #404

Speaking of XRP, did you guys saw the news lately about Chris Larsen getting hacked? He said that it was all of his XRP personal accounts that were hacked. And that's why there's a drop on its chart yesterday but today, it seemed recover quickly.
~> Ripple's XRP Drops 5% After Executive Is Hacked, Sparking Rumors of Network Breach


Yeah i have come across this in our local and indeed that we are now thinking about how secure they're project is when their officials are being victim of hacking and with their issues being on table now here another issue again?
I think the project is secure but it's that Chris has got into trouble for being hacked. Although he's always representing his project but he should also a role model to the investors that has invested sums of money on XRP.

I'm afraid that there will be more support coming from our side now because with all the problem they are facing then what more the future of their investors.
We will know that then because this can be an isolated case if he's the only one that's got hacked. It's more troublesome if the problem happens to be with their blockchain or ledger.
Yeah , He must be the role model because he is representing the Brand and its future so holding unto it will definitely in His debt if something bad  response from the supporters or those target investors.
\lets wish that this is Isolated and not connected to any other big issues from the team and the government because we know how they play and work.









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March 09, 2024, 10:06:25 PM
 #405

Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.

With a market cap of $21m already, how high can this really go if all goes well?

Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.

Are you for or against XRP?


I am for XRP.


Hope so, although 95% on this forum will disagree with that.

Hopefully XRP will surprise everyone.

well that is all what XRP supporter must do now because like what you said? only few that agreed with those beliefs because seeing how XRP performing these days? i don't know where is this heading now.


This isn't something new in the crypto space. In the last bull run we have seen how major cap coin was lagging behind the whole market. When the whole market was pumping the major cap coin was moving side ways but after few month all of them started moving upward together. I think this time something similar will happen as all the major cap coin are moving sideways like matic, dot, xrp, link etc. There performance is very small compare to rest of the crypto market.









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March 09, 2024, 11:47:36 PM
 #406

XRP coin is quite useful for investment but it is currently facing lawsuits. If you invest this time, you will definitely reap the benefits because getting rid of the case can be a pump at most. The reason why mass investors are currently hiring B on this platform is because once the lawsuit is released, it will be the biggest pump that has the potential to go up to $5.

The highest price of xrp has never touched above 2 dollars. so if you predict the price of xrp can touch at 5 dollars it is a very unrealistic prediction. very far from the ATH price point.









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March 10, 2024, 04:24:02 AM
 #407

Well there is a lawyer named Bill Morgan who does have some 'bullish' sentiment for xrp. He thinks it will break the 6 year old all time high of $3.84 in this year.

He does not think it will matter how sec lawsuit does go. https://www.tradingview.com/news/coinedition:729f16fd8094b:0-expert-says-xrp-will-hit-3-84-ath-this-year-regardless-of-sec-lawsuit/

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April 02, 2024, 10:49:02 AM
 #408

Still holding my XRP - I was tempted to swap it all for ICP a few weeks ago as I feel ICP will have a much better bull run this time round.

But I continue to hold my XRP just incase it surprises everyone and I do believe that if it doesn't have the best bull run this time round, then it will in 2028/29 and I can just hold till then.
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April 02, 2024, 12:12:07 PM
 #409

Still holding my XRP - I was tempted to swap it all for ICP a few weeks ago as I feel ICP will have a much better bull run this time round.

But I continue to hold my XRP just incase it surprises everyone and I do believe that if it doesn't have the best bull run this time round, then it will in 2028/29 and I can just hold till then.
But you have no choice mate because the value is still so much low that how much you purchase it means even after a year of this post like you? I will keep my Ripple on hold than selling or converting into a losses .
and also  I do believe that this is still has a potential to at least break 2 dollars in the future.

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April 02, 2024, 02:40:10 PM
 #410

Still holding my XRP - I was tempted to swap it all for ICP a few weeks ago as I feel ICP will have a much better bull run this time round.

But I continue to hold my XRP just incase it surprises everyone and I do believe that if it doesn't have the best bull run this time round, then it will in 2028/29 and I can just hold till then.
But you have no choice mate because the value is still so much low that how much you purchase it means even after a year of this post like you? I will keep my Ripple on hold than selling or converting into a losses .
and also  I do believe that this is still has a potential to at least break 2 dollars in the future.

$2 is only a 3.5x from current price - I am expecting closer to $5 this bull run, some are even saying $10 but that seems unlikely.

I have plenty of other altcoins I am invested in where I will take profits this bull run so just see XRP as my long term hold, many years.
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April 05, 2024, 04:25:02 AM
 #411

Well now we have more of a reason to invest and hodl xrp tokens. Ripple did announce it will plan to have its own Stablecoin.
The Stablecoin market is more then $150 Billion. So now Ripple will have a token 100% backed by the US dollar.
https://www.investopedia.com/ripple-launching-stablecoin-8624930

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April 05, 2024, 08:42:51 AM
 #412

I will continue to invest in XRP while it is below $1.

I feel many people hate on it for no reason - it has had a bad 5 or 6 years because of this law suit but once that is fully over I think it will do well.

I am planning on holding most of mine until 2030 when the price will be a lot higher then it is today - at least 20x return from current price, hopefully 50x.
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April 05, 2024, 02:07:55 PM
 #413

I will continue to invest in XRP while it is below $1.

I feel many people hate on it for no reason - it has had a bad 5 or 6 years because of this law suit but once that is fully over I think it will do well.

I am planning on holding most of mine until 2030 when the price will be a lot higher then it is today - at least 20x return from current price, hopefully 50x.

you have strong confidence in your chosen asset. I'm sure you have thoughts from your analysis that strengthen your long-term planning.
XRP has been on the market for a long time, the situation is quite difficult when the price continues to fall until it is difficult to rise in the market. maybe it hasn't found its momentum yet, but if you are patient maybe you will actually see XRP rise again.









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April 09, 2024, 12:13:08 PM
 #414

Xrp is an old and popular altcoin but all its contemporary altcoins have hyped their prices in the market but this altcoin is the only one that hasn't made a price correction in the market so far. Hence, investors are quite upset about this coin. If the SEC can't settle the case, regulators will pull all investments from XRP and the project will lose all popularity from the market.

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April 12, 2024, 11:13:15 PM
 #415

It made the price of each token rise to 0.62 but now the tokens are 0.63.  It is a strategic move for Ripple to regulate the market supple of the XRP tokens.
It was suppose to be dumped but Bull effect on Bitcoin after ETF approved, made altcoins pump, so is for ripple. Many think about If xrp ETF get approved then xrp will be in more demand for investos to purchase which will skyrocket its value. Even few months ago, people was avoiding xrp as because of its court case due to sec issue and was suggesting op not to purchase xrp and that's fair enough to cause nobody knew what would happen But now no restriction to purchase xrp and most of people are in Favor of xrp and consider xrp investment as a profitable deal

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April 16, 2024, 11:37:19 AM
 #416

I will continue to invest in XRP while it is below $1.

I feel many people hate on it for no reason - it has had a bad 5 or 6 years because of this law suit but once that is fully over I think it will do well.

I am planning on holding most of mine until 2030 when the price will be a lot higher then it is today - at least 20x return from current price, hopefully 50x.

While I appreciate your enthusiasm, the truth is that XRP hasn't been able to reach a new ATH for some time now. It got past $1 once, but it usually stays below $0.70. Not even the company's victory over the SEC lawsuit had a massive impact over XRP's market price. I think it has to do with the huge number of coins in circulation, and the number of tokens held by the company itself.

I'm yet to see if the proposed stablecoin by Ripple, Inc. is going to have a positive effect over XRP's price. The vast majority of investors are focused on "meme" coins, NFTs, and smart contract platforms these days. XRP lacks real use cases compared to the rest of the pack (mainly BTC and ETH). Unless it replaces the SWIFT system, and becomes the main ledger for the US CBDC, don't expect it to go anywhere soon. Crypto land behaves in many strange and bizarre ways, so anything's possible. Cheesy

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April 16, 2024, 12:06:57 PM
 #417

Xrp is an old and popular altcoin but all its contemporary altcoins have hyped their prices in the market but this altcoin is the only one that hasn't made a price correction in the market so far. Hence, investors are quite upset about this coin. If the SEC can't settle the case, regulators will pull all investments from XRP and the project will lose all popularity from the market.

With this kind of action for how many years now? is this what we can call a currency that has a better future?

https://coinmarketcap.com/currencies/xrp/

have seen this growing in the past , but with all the issues have this team facing? i don't know if this is still worth a trust for long term , because why should I choose this over better functioning project now?

no i will not let my funds stock and be at risk this long.

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April 17, 2024, 05:45:46 PM
 #418

With this kind of action for how many years now? is this what we can call a currency that has a better future?

https://coinmarketcap.com/currencies/xrp/

have seen this growing in the past , but with all the issues have this team facing? i don't know if this is still worth a trust for long term , because why should I choose this over better functioning project now?

no i will not let my funds stock and be at risk this long.

The problem with XRP is that it's too centralized. Maybe if it was decentralized, it would've been a huge success by now. The current state of the XRP Ledger, allows the US government to enforce regulatory action at will. Ripple, Inc. is going to have a hard time battling against "Uncle Sam", unless it decides to step down from the XRP project. By leaving it in the hands of the community, the cryptocurrency can reach new heights. Otherwise, expect market prices to stagnate for as long as it lives. Not even a bull market will save it.

You can see how the recent BTC "pump" had little to no effect over XRP's price. The coin is struggling to reach $1. It reached a little more than $3 a few years ago, but hasn't gone back ever since. There are far better options on the market. Instead of XRP, why not choose a decentralized alternative like XLM? Grin

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April 18, 2024, 08:40:45 AM
 #419

I have many other altcoins, my portfolio is currently +74% even after this mini crash we have seen last few days.

XRP is a long term investment for me, i will only sell if I feel it is worth it this bull run and by that i mean it gets to $5 minimum - if it doesn't I will just hold till 2028/29 bull run and hope it is around $20 at least by then.
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April 25, 2024, 06:55:44 AM
 #420

Well now Ripple really does want to settle the lawsuit with the sec. The sec did fine Ripple $2 Billion but now Ripple wants to pay only amount of $2 Million.

Ripple’s Chief Legal Office Stuart Alderoty did say the case 'had no allegations of recklessness or fraud'. He does think sec gave a big fine to Ripple because of earlier court wins for Ripple.

https://cryptobriefing.com/ripple-settlement-sec-fine/

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