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Author Topic: XRP is doomed...  (Read 1817 times)
2Pizza410000BTC
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November 10, 2024, 03:17:25 PM
 #21

Chris Larsen donated more than $1m to Kamala Harris' political campaign in XRP lately. However, the Democratic US presidential candidate lost against Republican contender Donald Trump. Considering Kamala's "embarrassing" loss, does this mean XRP lost too? After all, XRP was donated to her political campaign. Trump expressed his rejection of a US CBDC, so a centralized coin like XRP will be heavily-scrutinized in the upcoming administration.

I think a huge "dump" awaits for XRP soon. Don't you agree?  Roll Eyes
In fact, Ripple's founding CEO Chris Larsen donated $1 million to kamala Harris' campaign. Ripple founder CEO Chris Larsen donated $1 million but he didn't donate XRP. But everyone thought that if Donald Trump won the election, there would be a massive dumping of XRP coins, but there was no massive dumping of XRP coins. I think maybe big dumping is not waiting for XRP, those of you waiting for big dumping of XRP coin may be disappointed.

But I am most happy for Donald Trump to win because Donald Trump is truly a cryptocurrency supporter. We can see evidence of his election promises. He promised that if he became president, he would bring good things to Bitcoin. Indeed, he did bring good things to Bitcoin. With Donald Trump's victory, we saw Bitcoin hit an all-time high of $80,000 and may even see $100,000 within this year.

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November 10, 2024, 05:37:05 PM
 #22

Nah I don't think that is enough to shake the XRP holders. It's just a wrong step for XRP management, a wrong decision. If Kamala Harris won then it's a good one. Plus, the way they handled that case against the SEC will not be forgotten so I think their strength will still be there although we might see a slight fluctuation down because of what they did.
I don't see it doomed just yet. XRP is being used by many people including in the gambling industry because of its low transaction fees and fast transactions. I think what they did will be easily forgotten and it will go back to normal.

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November 10, 2024, 05:47:18 PM
 #23

Chris Larsen donated more than $1m to Kamala Harris' political campaign in XRP lately. However, the Democratic US presidential candidate lost against Republican contender Donald Trump. Considering Kamala's "embarrassing" loss, does this mean XRP lost too? After all, XRP was donated to her political campaign. Trump expressed his rejection of a US CBDC, so a centralized coin like XRP will be heavily-scrutinized in the upcoming administration.

I think a huge "dump" awaits for XRP soon. Don't you agree?  Roll Eyes

If alot of people can call Cardano a shit coin that one time bull run and has been laying low for months now can make 70% increment this weak, then there is absolutely nothing that is not possible in this market. It's just interests of whales and what they want at that moment, if it's Bitcoin they want they will move it regardless of the sentiments and if it's XRP they want next week, they will move it next week and you will see it here regardless the political effects.

If I remember correctly, there was a time xrp was over hype, saw many blogs wrote things about XRP as the next big thing, Ripple been the next banking thing but at the end, Ethereum keeps grinding until they made it to the second market cap and has refused to come down from there. So I think this things are just market sentiments, even Kamala will soon go ghost mode and will only appear when invited to public places, all the elections will be forgotten.
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November 10, 2024, 07:10:27 PM
 #24

never ever thinking about XRP at all, in any case if that's true, then I guess people should rethink before investing in XRP.

the fact that BTC is having ATH and XRP just stays around $0.5 is enough to keep people from investing it, just see that it has only 6% for current month's gain and -14% for this year Grin.



even without being scrutinized it's already dumping so hard.
Many people are losing hope for Ripple because it is behind major coins the market especially right now that most of the coins are creating new ATHs.  Some are even looking at this coin as the most manipulated in particular with CBDC. Well, my personal take is to either move away from it and free yourself from stress if you're in doubt of Ripple. There are other coins to watch out such as SUI and ETH if you're after altcoins. But I do think XRP could still make it up for this year, keep in mind that Altcoin season hasn't started yet and that might be the biggest thing to trigger an ATH for XRP. Another to consider is its lawsuit which might also be a factor why its market price is being held because many investors are still in doubt as the case rolls still. There are mixed of assumptions for this token at this moment. But no matter how we look at it, XRP is for people who gets its trend and understands how this coin moves during both uptrend and downtrend.
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November 10, 2024, 11:24:57 PM
 #25

Chris Larsen donated more than $1m to Kamala Harris' political campaign in XRP lately. However, the Democratic US presidential candidate lost against Republican contender Donald Trump. Considering Kamala's "embarrassing" loss, does this mean XRP lost too? After all, XRP was donated to her political campaign. Trump expressed his rejection of a US CBDC, so a centralized coin like XRP will be heavily-scrutinized in the upcoming administration.

I think a huge "dump" awaits for XRP soon. Don't you agree?  Roll Eyes
In fact, Ripple's founding CEO Chris Larsen donated $1 million to kamala Harris' campaign. Ripple founder CEO Chris Larsen donated $1 million but he didn't donate XRP. But everyone thought that if Donald Trump won the election, there would be a massive dumping of XRP coins, but there was no massive dumping of XRP coins. I think maybe big dumping is not waiting for XRP, those of you waiting for big dumping of XRP coin may be disappointed.

But I am most happy for Donald Trump to win because Donald Trump is truly a cryptocurrency supporter. We can see evidence of his election promises. He promised that if he became president, he would bring good things to Bitcoin. Indeed, he did bring good things to Bitcoin. With Donald Trump's victory, we saw Bitcoin hit an all-time high of $80,000 and may even see $100,000 within this year.

Chris gets it right back. I run grid on MAGA. Infinite range. I seen how it works. People pass on to the next big thing and the grid collect dust. Say he is a gridrunner. Remember when they paid Bill Clinton for playing saxophone at party? It's money and the power.

Throw some "shit" and see what sticks.
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November 11, 2024, 02:03:43 AM
 #26

as far as i know there are more billionaires who donated to kamala in yesterday's campaign, and that includes bill gates, sergey brin, etc, but even so i don't feel that their political choices will have a significant effect on the products/services they manage/own, yeah maybe it will cause a little concern to their investors, but maybe it won't make their products/services drop badly.

and because of that i think that as a company owner they should be more objective and not interfere too much in yesterday's campaign, because it could be that their users/investors are supporters of one of the candidates and when they are not happy with the political decisions of the influential people in the company it will be a reason for them to stop investing/using the product or their company becomes a target of the political opponent who wins the election and that will have a negative effect on their company.

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November 11, 2024, 05:13:37 AM
 #27

Many people are losing hope for Ripple because it is behind major coins the market especially right now that most of the coins are creating new ATHs.  Some are even looking at this coin as the most manipulated in particular with CBDC. Well, my personal take is to either move away from it and free yourself from stress if you're in doubt of Ripple. There are other coins to watch out such as SUI and ETH if you're after altcoins. But I do think XRP could still make it up for this year, keep in mind that Altcoin season hasn't started yet and that might be the biggest thing to trigger an ATH for XRP. Another to consider is its lawsuit which might also be a factor why its market price is being held because many investors are still in doubt as the case rolls still. There are mixed of assumptions for this token at this moment. But no matter how we look at it, XRP is for people who gets its trend and understands how this coin moves during both uptrend and downtrend.

I think lawsuit is already far behind, it's just that XRP is lacking in growth, the XRP price trend always deviates from general crypto sentiment as well, just see right now when any coin just becoming bullish, XRP just stay silent, but when market possibly bearish, XRP can just pump out of nowhere. which is quite funny.

I think maybe, I can think of investing in XRP once the bitcoin's bullrun finally settles dust. but for now, it's among the most underperforming altcoin.

arguably, some people might see something in it, maybe CBDC integration and so on that could possibly help XRP garner attention but seeing from the chart, I don't think it's that great.

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November 11, 2024, 10:24:46 AM
 #28

Many people are losing hope for Ripple because it is behind major coins the market especially right now that most of the coins are creating new ATHs.  Some are even looking at this coin as the most manipulated in particular with CBDC. Well, my personal take is to either move away from it and free yourself from stress if you're in doubt of Ripple. There are other coins to watch out such as SUI and ETH if you're after altcoins. But I do think XRP could still make it up for this year, keep in mind that Altcoin season hasn't started yet and that might be the biggest thing to trigger an ATH for XRP. Another to consider is its lawsuit which might also be a factor why its market price is being held because many investors are still in doubt as the case rolls still. There are mixed of assumptions for this token at this moment. But no matter how we look at it, XRP is for people who gets its trend and understands how this coin moves during both uptrend and downtrend.

I think lawsuit is already far behind, it's just that XRP is lacking in growth, the XRP price trend always deviates from general crypto sentiment as well, just see right now when any coin just becoming bullish, XRP just stay silent, but when market possibly bearish, XRP can just pump out of nowhere. which is quite funny.

I think maybe, I can think of investing in XRP once the bitcoin's bullrun finally settles dust. but for now, it's among the most underperforming altcoin.

arguably, some people might see something in it, maybe CBDC integration and so on that could possibly help XRP garner attention but seeing from the chart, I don't think it's that great.

If it doesn't perform during the Bull rally, then it's the best time to get it and wait for the sentiment to change, thus, maybe, XRP will grow back what was potentially lost during this period.
 Roll Eyes
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November 11, 2024, 10:28:13 AM
 #29

Chris Larsen donated more than $1m to Kamala Harris' political campaign in XRP lately. However, the Democratic US presidential candidate lost against Republican contender Donald Trump. Considering Kamala's "embarrassing" loss, does this mean XRP lost too? After all, XRP was donated to her political campaign. Trump expressed his rejection of a US CBDC, so a centralized coin like XRP will be heavily-scrutinized in the upcoming administration.

I think a huge "dump" awaits for XRP soon. Don't you agree?  Roll Eyes

Depends if Trump have this revengeful attitude towards company that didn't support him, But I guess nothing something heavy will happen to XRP since I think Chris didn't throw bad mouth against Trump. What he only do is to support the candidate what he think could offer changes to US. Still let see if there's something will happen that will not favor to XRP since I think putting a revengeful action towards this is somehow defeating the purpose of Trump to support crypto.

We don't know if there's dump will happen soon but let see and wait for latest news about it.

R


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November 11, 2024, 08:44:10 PM
 #30

Nah I don't think that is enough to shake the XRP holders. It's just a wrong step for XRP management, a wrong decision. If Kamala Harris won then it's a good one. Plus, the way they handled that case against the SEC will not be forgotten so I think their strength will still be there although we might see a slight fluctuation down because of what they did.
I don't see it doomed just yet. XRP is being used by many people including in the gambling industry because of its low transaction fees and fast transactions. I think what they did will be easily forgotten and it will go back to normal.
It wasn't the holders that will be shaken first but it was the coin itself. $1M worth of XRP donation sounds huge but I was thinking that the supply of XRP must also be huge and this is the reason why it can't be shaken easily. For us, it might be wrong but for them not but they think it is a good idea to save their cash. You are right that no one will forget the battle of XRP against SEC because at the end they remained to be victorious. So that is another reason why they will not be shaken easily, most especially after that said event. Fluctuation in a non-stable coin crypto will always be there and it's intensity can vary depending on the scenarios.

Nowadays the fluctuation seems more active again, especially to the coins that are honourably mentioned like XRP and Bitcoin. We can't predict the future of the coin but for now, yeah, there are no signs that XRP is doomed and I think they will remain to be strong until some time like 5 to 10 years at least. XRP won't grow or be known like this if it's not used by many people but as usual, I think most are only treating their XRP like an asset for investing and trading, especially now that people know the true value or potential of cryptos.

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November 12, 2024, 11:14:48 AM
 #31

XRP is still a shit coin to me. And it doesn't matter if it has a slight dump or huge dump, I don't bother thinking much about such coins. You can check its market price, even during the recent global market spike after Trump was announced winner, it barely moved an inch in price.. I won't want to be wasting my time holding such shit and Centralized coin..

Without use cases, I'd expect XRP to become a huge experiment in the long run. Stellar (XLM) is a much better choice. More decentralized, and highly innovative. The sister project already implemented smart contract functionality via the Soroban upgrade. Does XRP have this? I think not.

What's "killing" the coin is not only the lack of real use cases, but also the company (Ripple) holding a large portion of the supply. It has direct influence over market prices. Selling all their holdings on the market would crash prices real hard. Now the crackdown against XRP will get worse with Trump as the next POTUS. He's not a fan of centralized coins. His remarks against CBDCs tells us exactly this. Chris Larsen donated a huge sum of XRP to the Harris/Walz campaign, so Trump and Republicans will see him as a Democrat. So you can imagine what will happen to his company (Ripple) during the next 4 years. Bye XRP, hello BTC! Cheesy

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November 12, 2024, 12:18:05 PM
 #32

XRP is still a shit coin to me. And it doesn't matter if it has a slight dump or huge dump, I don't bother thinking much about such coins. You can check its market price, even during the recent global market spike after Trump was announced winner, it barely moved an inch in price.. I won't want to be wasting my time holding such shit and Centralized coin..

Without use cases, I'd expect XRP to become a huge experiment in the long run. Stellar (XLM) is a much better choice. More decentralized, and highly innovative. The sister project already implemented smart contract functionality via the Soroban upgrade. Does XRP have this? I think not.

What's "killing" the coin is not only the lack of real use cases, but also the company (Ripple) holding a large portion of the supply. It has direct influence over market prices. Selling all their holdings on the market would crash prices real hard. Now the crackdown against XRP will get worse with Trump as the next POTUS. He's not a fan of centralized coins. His remarks against CBDCs tells us exactly this. Chris Larsen donated a huge sum of XRP to the Harris/Walz campaign, so Trump and Republicans will see him as a Democrat. So you can imagine what will happen to his company (Ripple) during the next 4 years. Bye XRP, hello BTC! Cheesy

Now the entire cryptocurrency market is growing, which means that many altcoins will grow, especially those that have a developed ecosystem and a large number of users.

XRP already has a lot of clients and a ready ecosystem and useful blockchain.

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November 12, 2024, 12:19:26 PM
 #33

Chris Larsen donated more than $1m to Kamala Harris' political campaign in XRP lately. However, the Democratic US presidential candidate lost against Republican contender Donald Trump. Considering Kamala's "embarrassing" loss, does this mean XRP lost too? After all, XRP was donated to her political campaign. Trump expressed his rejection of a US CBDC, so a centralized coin like XRP will be heavily-scrutinized in the upcoming administration.

I think a huge "dump" awaits for XRP soon. Don't you agree?  Roll Eyes

Depends if Trump have this revengeful attitude towards company that didn't support him, But I guess nothing something heavy will happen to XRP since I think Chris didn't throw bad mouth against Trump. What he only do is to support the candidate what he think could offer changes to US. Still let see if there's something will happen that will not favor to XRP since I think putting a revengeful action towards this is somehow defeating the purpose of Trump to support crypto.

We don't know if there's dump will happen soon but let see and wait for latest news about it.

Better yet just to wait and see, I think you are totally right.
When the market rallies for BTC, XRP is not pumping that well, and when there is a bear, it may perform better against the market, that's what I've seen on their Reddit and jokes on it at least  Tongue
So I think, just like Abiky said - BTC all the way, and maybe some XLM to it.

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November 12, 2024, 08:20:01 PM
 #34

Depends if Trump have this revengeful attitude towards company that didn't support him, But I guess nothing something heavy will happen to XRP since I think Chris didn't throw bad mouth against Trump. What he only do is to support the candidate what he think could offer changes to US. Still let see if there's something will happen that will not favor to XRP since I think putting a revengeful action towards this is somehow defeating the purpose of Trump to support crypto.

We don't know if there's dump will happen soon but let see and wait for latest news about it.
I am pretty sure that he will have revengeful thoughts about every company that didn't support him. That is what Trump is all about, he in fact wanted to put all the opponents he had to jail as well, and said they rigged the election, even now, even when he wins, his people talked about how the election is rigged because of illegal immigrants voting, which is a lie, and the gap in all three elections has been higher than all the proven fraud votes, republicans are in millions, and they couldn't find even a thousand of them.

In any case, XRP is doomed, but they were doomed from the start since they decided to make a coin that would be centralized and I never liked them anyway, so if they get any fury, then I am not going to be sad about it.
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November 12, 2024, 09:01:04 PM
 #35

I don't hodl any XRP and honestly i don't think it is a coin that is worth hodling, i know there are still people who hodl this coin and prolly still believe in it, but i don't really know why. It is not even about their litigation with the SEC, XRP is basically a centralized shitcoin and unless you have bought it in the past, buying it right now looks like a very bad investment IMO.

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November 13, 2024, 10:35:57 AM
 #36

I don't hodl any XRP and honestly i don't think it is a coin that is worth hodling, i know there are still people who hodl this coin and prolly still believe in it, but i don't really know why. It is not even about their litigation with the SEC, XRP is basically a centralized shitcoin and unless you have bought it in the past, buying it right now looks like a very bad investment IMO.

maybe it is necessary to consider investing in XRP, because many factors influence it, some of the value of XRP depends on the investors who enter it, because I think there is not much change in this coin, and in fact the thing that investors are waiting for but in reality it is difficult to achieve what is expected, of course it is very influential.

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November 13, 2024, 01:14:39 PM
 #37

On the X platform, I read something about the island and XRP partnership, the CEOs made such a speech.
Isn't it incredible what kind of patience of XRP investors. If the cases are destroyed, we'll see where to actually reach.
Maybe it can make XRP investors happy with a few new things.

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November 13, 2024, 02:39:07 PM
 #38

On the X platform, I read something about the island and XRP partnership, the CEOs made such a speech.
Isn't it incredible what kind of patience of XRP investors. If the cases are destroyed, we'll see where to actually reach.
Maybe it can make XRP investors happy with a few new things.

Didn't XRP pump a bit from the Bull as well?
Didn't see such news, but sounds.. Promising?  Roll Eyes
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November 13, 2024, 02:44:05 PM
 #39

I don't hodl any XRP and honestly i don't think it is a coin that is worth hodling, i know there are still people who hodl this coin and prolly still believe in it, but i don't really know why. It is not even about their litigation with the SEC, XRP is basically a centralized shitcoin and unless you have bought it in the past, buying it right now looks like a very bad investment IMO.

maybe it is necessary to consider investing in XRP, because many factors influence it, some of the value of XRP depends on the investors who enter it, because I think there is not much change in this coin, and in fact the thing that investors are waiting for but in reality it is difficult to achieve what is expected, of course it is very influential.


As it was said - if Trump wants, he will blow things for XRP up, but for now, it seems to be pumping a bit  Tongue
Only time will tell.

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November 13, 2024, 03:58:11 PM
 #40

Chris Larsen donated more than $1m to Kamala Harris' political campaign in XRP lately. However, the Democratic US presidential candidate lost against Republican contender Donald Trump. Considering Kamala's "embarrassing" loss, does this mean XRP lost too? After all, XRP was donated to her political campaign. Trump expressed his rejection of a US CBDC, so a centralized coin like XRP will be heavily-scrutinized in the upcoming administration.
XRP deals with mainly banks, and banks do deals with American presidents, so if Trump calls up and just requests these banks to stop working with XRP, then price will crash like crazy when their deal is off. He doesn't even have to make it public, he can request it in privacy with a phone call.

So all in all, XRP definitely has a hard time ahead, and I am not sure if this will work out that well, we can't really consider this as normal, we just need to make sure things aren't really that crazy, not right now anyways. We need to make sure we are seeing something greater, and because of that we need to see this changing as well. XRP is not something to invest, it's too risky at this point, not for another 4 years at least.
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