XRP is doomed...

[JamesDaniel90]

For anyone who is into YouTube, even the mighty Crypto Jon has just released a video admitting he was wrong about XRP and now believes it can hit $10 next year.

He spent the last 2 years bashing it saying the market cap was too big bla bla bla , but he didn’t see like many of us did how big XRP would be once it was free from its law suit with the SEC.

It now has nothing holding it back, and it’s going get bigger and bigger over the next few years now.

[Coyster]

Now we believe it may not last till $5 but at most we should see $4.5 and in my language "profit has been maximized.

I don't hodl any XRP, neither do i have any intention of buying any, if you believe that it would rise to $4 and above, then you can hodl it. I do not trust XRP and i would not change my idea about it even if it pumps to $5 and above.

For anyone who is into YouTube, even the mighty Crypto Jon has just released a video admitting he was wrong about XRP and now believes it can hit $10 next year.

I am not very active on YouTube, neither do i even like to listen to crypto influencers, or people who make crypto predictions on social media. If he thinks he was wrong just because XRP is pumping now, then maybe he was just making a baseless prediction then.

[lixer]

For anyone who is into YouTube, even the mighty Crypto Jon has just released a video admitting he was wrong about XRP and now believes it can hit $10 next year.

He spent the last 2 years bashing it saying the market cap was too big bla bla bla , but he didn’t see like many of us did how big XRP would be once it was free from its law suit with the SEC.

It now has nothing holding it back, and it’s going get bigger and bigger over the next few years now.

Usually we have blind predictions related to crypto because it's all is not easy to predict how things will be work as many are feeling Donald Trump is going to be crypto lover then surely he is not going to hurt anything, and we will have boom in XRP as we already have in last one month.

As things fixed we have few rumours about Elon Musk is heading to buy XRP but now as things are going on positive peoples are watching how quickly it is increasing with few influencers are predicting this could be touch $10 within 2025 mean suddenly all is right for this XRP as now they are surely going to be had good future on social media we have few peoples those are having fixed mindset, and they have never been helpful for the market as well.

[Hermes Mercury]

Well, It's not just you, many people have an aversion to XRP, but for some reason it remains strong.

[graphite]

I still don't understand XRP. All nodes are controlled by ripple labs. Ripple labs can change the protocol when ever they want. They could block transactions, create new XRP, or even steal directly from your wallet. With this setup why does ripple even bother making it a blockchain? it could be easier and faster to have a centralized database with address and XRP value entries. The whole point of a blockchain is to have a consensus mechanism for a decentralized network but XRP is centralized. Ripple controls consensus.

[Abiky]

Don’t they claim the opposite? That Ripple is just a company name and not the product, which they pitch now as XRP even though we all know them as Ripples before they pulled the bait and switch. Pretty sure they closed my account and confiscated what would now be a few million dollars in Ripples from me back in the day. XRP is the only crypto coin that genuinely bothers me. Ripple’s founders belong in jail and XRP should be worthless in my opinion.

Agree. A centralized "shitcoin" like XRP should've been worthless by now. But somehow, XRP fanboys managed to "pump" the price all the way to the moon. The coin briefly surpassed USDT, becoming the third-largest crypto by market cap. Talk about hype. It will be all over soon once people realize how useless XRP is.

Competitor Stellar (XLM) is a much better choice. Ripple (the company) used to say XRP wasn't needed for bank-to-bank transfers. RippleNet is completely independent from XRP. So banks can be using this solution, without ever needing to interact with the main XRP Ledger. Unless, Ripple changed its mind and now XRP's price is driven by real demand. I'm yet to see how the Trump administration will treat Ripple's XRP. President Trump is not a fan of CBDCs, so I have a feeling he will hate XRP because its centralized design. Only time will tell. Ultimately, there can only be one winner. Nothing will be able to take down the "King" (which is Bitcoin). Not now, nor in another century.

[EarnOnVictor]

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.

Chris Larsen is not the first person to donate to a political rival of the US's president-elect, so this is nothing, especially if he and Trump are not direct foes, I see no reason for vendetta. Also, the US is not a Banana republic, the president may decide on a thing and the court overturns it, he doesn't have absolute power. Lastly, the CBDC is being delayed not because it is centralised but the negative impact it may have on the US financial services. XRP is different.

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

I disagree!

[Abiky]

Chris Larsen is not the first person to donate to a political rival of the US's president-elect, so this is nothing, especially if he and Trump are not direct foes, I see no reason for vendetta. Also, the US is not a Banana republic, the president may decide on a thing and the court overturns it, he doesn't have absolute power. Lastly, the CBDC is being delayed not because it is centralised but the negative impact it may have on the US financial services. XRP is different.

Money talks. So if Mr. Larson is able to convince the incoming administration with his money, Ripple (the company) and XRP will be riding off into the sunset. I understand the President of the US doesn't have absolute power. But I remember Trump himself saying that he will be a "dictator on day one". With Republicans gaining control of both chambers of Congress (House + Senate) and the Supreme Court being dominated by conservatists, anything's possible.

If Trump dislikes Ripple for any reason, we should expect a huge blow in XRP's market prices during his administration. What's happening now is only a result of hype. I mean, what use cases XRP has compared to other coins? None. What's keeping it alive are the bank partnerships. But even banks might not use XRP in the future if they use RippleNet (a separate solution from the main XRP Ledger). Centralization can't prevail in the crypto/Blockchain industry. Not now, nor in another century. Why do you think nothing can beat BTC?

[EarnOnVictor]

Chris Larsen is not the first person to donate to a political rival of the US's president-elect, so this is nothing, especially if he and Trump are not direct foes, I see no reason for vendetta. Also, the US is not a Banana republic, the president may decide on a thing and the court overturns it, he doesn't have absolute power. Lastly, the CBDC is being delayed not because it is centralised but the negative impact it may have on the US financial services. XRP is different.

Money talks. So if Mr. Larson is able to convince the incoming administration with his money, Ripple (the company) and XRP will be riding off into the sunset.
Let me start by saying the discussion wasn't about Chris Larsen giving Trump money but a vendetta by Trump for not supporting him by Chris Larsen donating to Harris's campaign instead. You can read it here: https://bitcointalk.org/index.php?topic=5517566.msg64805120#msg64805120. There is no need for Trump to do that, not donating to your campaign doesn't make you enemies if they do not have personal issues.

I understand the President of the US doesn't have absolute power. But I remember Trump himself saying that he will be a "dictator on day one". With Republicans gaining control of both chambers of Congress (House + Senate) and the Supreme Court being dominated by conservatists, anything's possible.

I quite understand you and Trump should not preach that he will be a dictator with some people, he is actually a dictator, it's the rich US system and democracy that is holding him back. This is what will also prevail over him this time despite all his tyrannical attempts and many of his followers in Congress.

[Abiky]

Let me start by saying the discussion wasn't about Chris Larsen giving Trump money but a vendetta by Trump for not supporting him by Chris Larsen donating to Harris's campaign instead. You can read it here: https://bitcointalk.org/index.php?topic=5517566.msg64805120#msg64805120. There is no need for Trump to do that, not donating to your campaign doesn't make you enemies if they do not have personal issues.

If Chris Larsen shows his allegiance to Trump and his Republican Party, I don't see why there should be any trouble in the long run. But he has to prove it. Otherwise, Trump will treat Ripple (the company) and XRP badly. The current "pump" is only a result of hype. Actual results will be seen after Jan 20th, 2025. That's Inauguration Day. If the incoming administration brings obstacles to Ripple's XRP, then prices will go all the way down the drain in an instant.

I wouldn't expect much from a centralized "shitcoin", though. XRP holders are only excited because they're making money. Not because they actually care about decentralization or what use cases does XRP bring. I'm yet to see if the newly-announced stablecoin from Ripple (RLUSD) will be any success. It will have to compete with established players (USDT and USDC) if it wants to dominate the market. If PayPal's PYUSD failed, what makes you think Ripple's RLUSD will be any better?

[reljjh]

Yes, I don’t pay attention to centralized shitcoins. If any problems occur in the business organization that runs it, the bubble will burst. Who will store money here for a long time?

[arhipova]

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? 

If you see the price movement after the election results, XRP is doing good. It has almost doubled during this period. In crypto, a single news will not have all the impact. It is always combination of all factors. Like one factor you mentioned is bringing the price down. Then there can be three other factors moving the price of XRP upwards with new result being that XRP price doubled in last 30 days.

[Abiky]

Yes, I don’t pay attention to centralized shitcoins. If any problems occur in the business organization that runs it, the bubble will burst. Who will store money here for a long time?

Exactly. Would you imagine Ripple (the company) selling all of its XRP holdings (currently the largest holder of all XRP in circulation)? Or Ripple going bankrupt in the future? It will mark the end of XRP as we know it. Why? Because it's centralized. Not like Bitcoin, Litecoin, and the others which aren't tied to a corporation or individual. These are community-oriented projects, widely-supported by people worldwide.

As far as the XRP Ledger goes, nodes/validators are mostly under the control of Ripple, Inc. They should make the network more open to anyone if they want XRP to become truly-decentralized. Ripple should also leave its holdings in the hands of the community to avoid any ties with the project. If it does that, XRP will be sailing on smooth waters. For now, Stellar/Lumens (XLM) remains a better XRP alternative because of its decentralized design. It's just that people haven't realized its true benefits yet. The time will come when XLM will rise to the moon. Who knows what will happen in the future?

[WeThePe0ple]

Yes, I don’t pay attention to centralized shitcoins. If any problems occur in the business organization that runs it, the bubble will burst. Who will store money here for a long time?

Exactly. Would you imagine Ripple (the company) selling all of its XRP holdings (currently the largest holder of all XRP in circulation)? Or Ripple going bankrupt in the future? It will mark the end of XRP as we know it. Why? Because it's centralized. Not like Bitcoin, Litecoin, and the others which aren't tied to a corporation or individual. These are community-oriented projects, widely-supported by people worldwide.

As far as the XRP Ledger goes, nodes/validators are mostly under the control of Ripple, Inc. They should make the network more open to anyone if they want XRP to become truly-decentralized. Ripple should also leave its holdings in the hands of the community to avoid any ties with the project. If it does that, XRP will be sailing on smooth waters. For now, Stellar/Lumens (XLM) remains a better XRP alternative because of its decentralized design. It's just that people haven't realized its true benefits yet. The time will come when XLM will rise to the moon. Who knows what will happen in the future?

I wonder how much of a pump it would take for you to reconsider your opinion about XRP.
XRP offers a solution to the avalanche of debt that is crippling most economies worldwide.
I believe that it has real utility, and XRP will surprise many haters within the next few years. The IMF could even take over the escrow on which all remaining XRP tokens are held. I believe that XRP will shape the future of finance

[dunfida]

Yes, I don’t pay attention to centralized shitcoins. If any problems occur in the business organization that runs it, the bubble will burst. Who will store money here for a long time?

Exactly. Would you imagine Ripple (the company) selling all of its XRP holdings (currently the largest holder of all XRP in circulation)? Or Ripple going bankrupt in the future? It will mark the end of XRP as we know it. Why? Because it's centralized. Not like Bitcoin, Litecoin, and the others which aren't tied to a corporation or individual. These are community-oriented projects, widely-supported by people worldwide.

As far as the XRP Ledger goes, nodes/validators are mostly under the control of Ripple, Inc. They should make the network more open to anyone if they want XRP to become truly-decentralized. Ripple should also leave its holdings in the hands of the community to avoid any ties with the project. If it does that, XRP will be sailing on smooth waters. For now, Stellar/Lumens (XLM) remains a better XRP alternative because of its decentralized design. It's just that people haven't realized its true benefits yet. The time will come when XLM will rise to the moon. Who knows what will happen in the future?

The main issues on what XRP do really have..

1. Pending cases
2. Issues of being too centralized
3. Dev selling etc..
4. Thoughts on having no chance of recovery in regarding into its price.

But look at on where we are now? Where are those people who had been saying that XRP is doomed? Trying to look at on those price speculations saying about $10 - 17 price per coin on which we know that it is already that too unrealistic. So far for those people who do believe that on XRP's future did really end up on being profitable but thats if they do able to hold up their position for too long. If we do try to look up on how long XRP had been stagnant when it comes into its price then it could really make someone do lost up its cool and patience on holding it.  

We do have our own choice of coins whether its centralized or decentralized, it doesnt matter as long it can give out that potential profit then this what matter the most.
I dont see anything that do causes up for XRP's doomed condition but instead we are seeing some good exposure as of this moment.

[abramovf]

I still don't understand XRP. All nodes are controlled by ripple labs. Ripple labs can change the protocol when ever they want. They could block transactions, create new XRP, or even steal directly from your wallet. With this setup why does ripple even bother making it a blockchain? it could be easier and faster to have a centralized database with address and XRP value entries. The whole point of a blockchain is to have a consensus mechanism for a decentralized network but XRP is centralized. Ripple controls consensus.

With altcoins, it is all about the hype.

There are meme coins entering top 100 based on market cap in few days. Just a meme coin with no use made for fun. It is obvious what the end fate of such coins will be. Those who invest in these coins at last will suffer very badly. The blow will be so hard that they might not be able to recover entire life.

[notMeNahh]

To be fair you're right, people don't really care about XRP fr. Up until that pump it had, very few people talked about it but now just a small pump and people are talking about it like it has been revived or somn lmaoo. 2 days ago I traded XRP on Bitget and they informed me of USDT rewards because i did a certain vol, I'm sure if XRP didn't pump that reward won't be for eligible for XRP at all. So yeahh people only buy and sell XRP for profits

[seoincorporation]

If Kamala decide to sell his $1m on XRP I don't think that would have a huge impact in the market because $1 million is a really small amount compared to de XRP market cap. So, there is nothing to worry about that donation.

Some days ago we see someone swlling $300m in bitcoin and only take some hours for the market to recover.

[Abiky]

To be fair you're right, people don't really care about XRP fr. Up until that pump it had, very few people talked about it but now just a small pump and people are talking about it like it has been revived or somn lmaoo. 2 days ago I traded XRP on Bitget and they informed me of USDT rewards because i did a certain vol, I'm sure if XRP didn't pump that reward won't be for eligible for XRP at all. So yeahh people only buy and sell XRP for profits

Of course they don't. People don't even care about BTC. They just want to make a lot of money. I mean, who doesn't? The only ones who care about crypto are believers, libertarians, academics, and a small few. XRP is just another speculative cryptocurrency like the rest of the pack (especially "meme" coins). What use cases does it have? None. It's a "banker's coin" that's often touted as the next CBDC. There's no freedom when using XRP. I've read cases where Ripple, Inc., froze funds on the XRP Ledger. Jed McCaleb (co-founder) was affected by this in the past. Look it up.

Why would I want to invest in such a "centralized shitcoin" in the first place? I'd prefer something serious that's built to last with freedom in mind. Just like Bitcoin. It won't be long before XRP goes all the way down the drain. Assuming the US government doesn't "buy it". If somehow XRP replaces SWIFT, then it will last for a long time. Otherwise, not. Only time will tell us what lies ahead. I'd stick with BTC and ETH for the time-being.

[JamesDaniel90]

To be fair you're right, people don't really care about XRP fr. Up until that pump it had, very few people talked about it but now just a small pump and people are talking about it like it has been revived or somn lmaoo. 2 days ago I traded XRP on Bitget and they informed me of USDT rewards because i did a certain vol, I'm sure if XRP didn't pump that reward won't be for eligible for XRP at all. So yeahh people only buy and sell XRP for profits

Of course they don't. People don't even care about BTC. They just want to make a lot of money. I mean, who doesn't? The only ones who care about crypto are believers, libertarians, academics, and a small few. XRP is just another speculative cryptocurrency like the rest of the pack (especially "meme" coins). What use cases does it have? None. It's a "banker's coin" that's often touted as the next CBDC. There's no freedom when using XRP. I've read cases where Ripple, Inc., froze funds on the XRP Ledger. Jed McCaleb (co-founder) was affected by this in the past. Look it up.

Why would I want to invest in such a "centralized shitcoin" in the first place? I'd prefer something serious that's built to last with freedom in mind. Just like Bitcoin. It won't be long before XRP goes all the way down the drain. Assuming the US government doesn't "buy it". If somehow XRP replaces SWIFT, then it will last for a long time. Otherwise, not. Only time will tell us what lies ahead. I'd stick with BTC and ETH for the time-being.

You are very wrong with XRP.

It had a law suit against it for 4 years which meant it did not have a bull run in 2021 - it is now free of that and look how well it’s done in the last month, shocking many including you.  

It is going to $5 minimum next year , which would give me a 10x return since I started buying a year ago , not bad for a ‘shitcoin’.

And that is $5 minimum, could easily get close to $10 now that it is free of the law suit and hype has returned.