XRP is doomed...

[nelson4lov]

Lesson to learn here , don’t hate on something just for the sake of it.

Up almost 600% in 2 months , you still think it’s a shit coin?

Haha, That's the beauty of crypto, you don't have to like a coin/token/project to make money from it. I learnt this the hard way. I was a NEAR fan boy and near was competing with Solana between 2021-2022 and that blinded me to the fact that I could make money with solana but I was more focused on being right rather than making money. I didn't make any money lol.

Same with XRP. I haven't seen anybody before that uses the chain for daily usage but it's still a big deal and it's one of the very few OG coins that have reclaimed all time high. Even Solana and Fantom are yet to accomplish that feat.

[Abiky]

It’s not really worth the investment now at all time high is it.

The time to buy was below $0.50 and it was below that price for years , even up to a few months ago.

Hype pays, it has gone up almost 600% in 2 months since you started this thread and those of us who believed in it are being rewarded.

"Hype pays"? We'll see about that. Once Ripple goes bankrupt or there's a government crackdown, XRP will lose traction for good. That's the disadvantage of being a centralized "shitcoin". Truly-decentralized cryptocurrencies like Bitcoin and Ethereum don't have such problem, because there's no company managing them. They're all developed and maintained by the community. If you're into XRP just for the price (to make a lot of money), this wouldn't matter. But if you're looking for something that will last for generations, I'd say you're in the "wrong boat".

Remember, crypto is all about utility. Not the hype. I've seen overhyped coins lose traction in the past as people moved on to the next big thing. This is what will happen with XRP, BNB, SOL and similar coins. I'd only buy BTC and forget about the rest.

[JamesDaniel90]

It’s not really worth the investment now at all time high is it.

The time to buy was below $0.50 and it was below that price for years , even up to a few months ago.

Hype pays, it has gone up almost 600% in 2 months since you started this thread and those of us who believed in it are being rewarded.

"Hype pays"? We'll see about that. Once Ripple goes bankrupt or there's a government crackdown, XRP will lose traction for good. That's the disadvantage of being a centralized "shitcoin". Truly-decentralized cryptocurrencies like Bitcoin and Ethereum don't have such problem, because there's no company managing them. They're all developed and maintained by the community. If you're into XRP just for the price (to make a lot of money), this wouldn't matter. But if you're looking for something that will last for generations, I'd say you're in the "wrong boat".

Remember, crypto is all about utility. Not the hype. I've seen overhyped coins lose traction in the past as people moved on to the next big thing. This is what will happen with XRP, BNB, SOL and similar coins. I'd only buy BTC and forget about the rest.

Buy BTC now? At all time high? For only 50% - 100% return this year? No thanks.

Many altcoins are going to increase 5x , 10x, 20x or more in the next 6 months , now is not the best time to be buying BTC, its much better being in altcoins right now.

[L4rs_]

It’s not really worth the investment now at all time high is it.

The time to buy was below $0.50 and it was below that price for years , even up to a few months ago.

Hype pays, it has gone up almost 600% in 2 months since you started this thread and those of us who believed in it are being rewarded.

"Hype pays"? We'll see about that. Once Ripple goes bankrupt or there's a government crackdown, XRP will lose traction for good. That's the disadvantage of being a centralized "shitcoin". Truly-decentralized cryptocurrencies like Bitcoin and Ethereum don't have such problem, because there's no company managing them. They're all developed and maintained by the community. If you're into XRP just for the price (to make a lot of money), this wouldn't matter. But if you're looking for something that will last for generations, I'd say you're in the "wrong boat".

Remember, crypto is all about utility. Not the hype. I've seen overhyped coins lose traction in the past as people moved on to the next big thing. This is what will happen with XRP, BNB, SOL and similar coins. I'd only buy BTC and forget about the rest.

Buy BTC now? At all time high? For only 50% - 100% return this year? No thanks.

Many altcoins are going to increase 5x , 10x, 20x or more in the next 6 months , now is not the best time to be buying BTC, its much better being in altcoins right now.

Yes, it's better to invest in the OG blockchain than lose money on shitcoins because some of them are going 10x. I mean, if you have crazy knowledge and a good hand, here you go, but nobody of us knows what will happen in the future.

[JamesDaniel90]

L4rs_ - I want more than a safe investment right now. Buying Bitcoin now and making 50-100% this year is not enough for me I want 5-10x and there will be many altcoins that give that return.

I already have my altcoin positions so now it’s just a case of being patient and waiting few more months till they really start doing well then take profits.

Some may not do well, but it will only take 1 or 2 to do so and that makes it all worth it.

Look at XRP & Hbar for example, given us 600% & 800% returns last few months already. Bitcoin can’t compete with that now.

[nelson4lov]

L4rs_ - I want more than a safe investment right now. Buying Bitcoin now and making 50-100% this year is not enough for me I want 5-10x and there will be many altcoins that give that return.

I already have my altcoin positions so now it’s just a case of being patient and waiting few more months till they really start doing well then take profits.

Some may not do well, but it will only take 1 or 2 to do so and that makes it all worth it.

Look at XRP & Hbar for example, given us 600% & 800% returns last few months already. Bitcoin can’t compete with that now.

The only way way to make a substantial amount of money with bitcoin right now is to prop it up with leverages especially if you're not a sized player, leverage is the way to go. But as always, the recommended approach to follow for structuring a crypto portfolio typically involves having Bitcoin as part of the portfolio not just altcoins only.

Since reaching $20k, Bitcoin has only given 500%+ give or take.

[bbc.reporter]

Wasn't it a big deal when XRP reached $1 a while ago? Or was I remembering incorrectly?

I am pretty sure that $1 is Dogecoin's psychological resistance level, so if all this uptrend is happening as a result of Gary Gensler's ousting, then... wow.

Well anyway I can see that as these reserve bills begin to take shape, various alts will go up even more.

Again, XRP is full of hype. It was expected prices would go up after Gary Gensler's resignation. But that doesn't mean, the coin is worth the investment. You have to consider what real use cases XRP has compared to the rest of the pack. And so far, it has none. Yes, Ripple now has its own stablecoin. But is it as good as Tether or USD Coin? I doubt it. These two stablecoins alone dominate the market by a large margin.

Without merchants and/or businesses accepting RLUSD as payment method, the coin becomes nothing but a speculative investment. Same as XRP. When banks ditch SWIFT in favor of the XRP Ledger, that'll be the day XRP's future will be certain. Otherwise, it'll lose traction faster than you could imagine. Why do you think BTC, and ETH are still at the top?

I agree with you that this Ripple is only full of hype, however, hype is not the argument. The argument is if XRP is doomed and it appears that you are very much mistaken on this because it is not doomed and it might not be doomed under the administration of the Donald. This might pump and the promise of Ripple that this will be used by banks might be an unexpected occurrence.

This is okay. I have made wrong predictions in the forum also. The most important is to admit if we have made a mistake and learn from this. My biggest wrong prediction was the big short because Tether might collapse. I have admitted this mistake already.

[mich]

Well it has been a very good week for you if you hodl xrp. It is up 30 percent in only the last 7 days. And now 1 token does cost $3.20.
I am still very 'bullish' on this token. And I do not think it will ever become a doomed project. Tonight when Donald Trump does become the US president I think we will make alot more profit.
https://decrypt.co/301737/xrp-nearly-all-time-high-etf-optimism-sec-ripple

[Abiky]

I agree with you that this Ripple is only full of hype, however, hype is not the argument. The argument is if XRP is doomed and it appears that you are very much mistaken on this because it is not doomed and it might not be doomed under the administration of the Donald. This might pump and the promise of Ripple that this will be used by banks might be an unexpected occurrence.

This is okay. I have made wrong predictions in the forum also. The most important is to admit if we have made a mistake and learn from this. My biggest wrong prediction was the big short because Tether might collapse. I have admitted this mistake already.

I've read about Ripple CEO Brad Garlinghouse's visit to Mar-a-Lago (Trump's residence). Maybe XRP will be sailing on smooth waters after all? At least, while Trump is President of the US. Once another anti-crypto administration takes over, it will be "bye-bye" to XRP for good.

What matters is utility. Not the hype. If banks begin to use the XRP Ledger for international payments, then the project's future will be certain. What I don't like is how centralized XRP is. For what it's supposed to do, this shouldn't be a problem. If you're the kind of person seeking true freedom and privacy, I'd suggest you look elsewhere. Who knows what the future will bring?

[JamesDaniel90]

I agree with you that this Ripple is only full of hype, however, hype is not the argument. The argument is if XRP is doomed and it appears that you are very much mistaken on this because it is not doomed and it might not be doomed under the administration of the Donald. This might pump and the promise of Ripple that this will be used by banks might be an unexpected occurrence.

This is okay. I have made wrong predictions in the forum also. The most important is to admit if we have made a mistake and learn from this. My biggest wrong prediction was the big short because Tether might collapse. I have admitted this mistake already.

I've read about Ripple CEO Brad Garlinghouse's visit to Mar-a-Lago (Trump's residence). Maybe XRP will be sailing on smooth waters after all? At least, while Trump is President of the US. Once another anti-crypto administration takes over, it will be "bye-bye" to XRP for good.

What matters is utility. Not the hype. If banks begin to use the XRP Ledger for international payments, then the project's future will be certain. What I don't like is how centralized XRP is. For what it's supposed to do, this shouldn't be a problem. If you're the kind of person seeking true freedom and privacy, I'd suggest you look elsewhere. Who knows what the future will bring?

While Trump is president? He is here now for the next 4 years but you are talking like it’s only 4 months. XRP is going to be just fine for many years now.

Would I buy XRP now? No. We had so long to buy it below $0.50 for many years up till a few months ago when you started this thread. Many tried to bring XRP down instead of doing the smart thing and just believe in it and buy it cheap.

[bbc.reporter]

I agree with you that this Ripple is only full of hype, however, hype is not the argument. The argument is if XRP is doomed and it appears that you are very much mistaken on this because it is not doomed and it might not be doomed under the administration of the Donald. This might pump and the promise of Ripple that this will be used by banks might be an unexpected occurrence.

This is okay. I have made wrong predictions in the forum also. The most important is to admit if we have made a mistake and learn from this. My biggest wrong prediction was the big short because Tether might collapse. I have admitted this mistake already.

I've read about Ripple CEO Brad Garlinghouse's visit to Mar-a-Lago (Trump's residence). Maybe XRP will be sailing on smooth waters after all? At least, while Trump is President of the US. Once another anti-crypto administration takes over, it will be "bye-bye" to XRP for good.

What matters is utility. Not the hype. If banks begin to use the XRP Ledger for international payments, then the project's future will be certain. What I don't like is how centralized XRP is. For what it's supposed to do, this shouldn't be a problem. If you're the kind of person seeking true freedom and privacy, I'd suggest you look elsewhere. Who knows what the future will bring?

I very much disagree that it will be bye bye to XRP for good if the next administration will be a Democrat president. We have already witnessed Ripple fight the American government in an American court where an American judge have ruled in favor of Ripple.

We cannot be certain if Ripple will be used by American banks, however, if there is no utility we can be very certain that this will never be bye bye XRP hehehehe. Similar to many scamcoins in the cryptospace, this will continue to pump and dump and pump again hehehe.

[redwine49]

I very much disagree that it will be bye bye to XRP for good if the next administration will be a Democrat president. We have already witnessed Ripple fight the American government in an American court where an American judge have ruled in favor of Ripple.

We cannot be certain if Ripple will be used by American banks, however, if there is no utility we can be very certain that this will never be bye bye XRP hehehehe. Similar to many scamcoins in the cryptospace, this will continue to pump and dump and pump again hehehe.

u afraid about what xrp can do but im more afraid about stablecoin like usdt or usdc can do.
criticizing xrp won't have much impact on bitcoin, but stable coin? it's real deal

[X-ray]

I very much disagree that it will be bye bye to XRP for good if the next administration will be a Democrat president. We have already witnessed Ripple fight the American government in an American court where an American judge have ruled in favor of Ripple.

We cannot be certain if Ripple will be used by American banks, however, if there is no utility we can be very certain that this will never be bye bye XRP hehehehe. Similar to many scamcoins in the cryptospace, this will continue to pump and dump and pump again hehehe.

u afraid about what xrp can do but im more afraid about stablecoin like usdt or usdc can do.
criticizing xrp won't have much impact on bitcoin, but stable coin? it's real deal

USDT definitely has some bad rumour around it but USDC i don't think there's problem with it.

on the other hand, people keep putting their eyes on these two stablecoin that even at the slightest anomaly people will notice, I don't think these stablecoin is going anywhere soon, but so does XRP, instead XRP is ready for ETF filling,
both stablecoin and XRP aren't going anywhere.

[bbc.reporter]

I very much disagree that it will be bye bye to XRP for good if the next administration will be a Democrat president. We have already witnessed Ripple fight the American government in an American court where an American judge have ruled in favor of Ripple.

We cannot be certain if Ripple will be used by American banks, however, if there is no utility we can be very certain that this will never be bye bye XRP hehehehe. Similar to many scamcoins in the cryptospace, this will continue to pump and dump and pump again hehehe.

u afraid about what xrp can do but im more afraid about stablecoin like usdt or usdc can do.
criticizing xrp won't have much impact on bitcoin, but stable coin? it's real deal

I am not afraid on what Ripple might do, however, I was afraid on what Tether and Ifinex might do during 2020 when I created this thread.

https://bitcointalk.org/index.php?topic=5250676.0

But it appears that I was very mistaken on my speculation that Tether, USDT is a timebomb. I have admitted this mistake already. I am not declaring that USDT did not do anything that was not legal. I am only implying that my fear on them I was very much overestimating.

[redwine49]

I very much disagree that it will be bye bye to XRP for good if the next administration will be a Democrat president. We have already witnessed Ripple fight the American government in an American court where an American judge have ruled in favor of Ripple.

We cannot be certain if Ripple will be used by American banks, however, if there is no utility we can be very certain that this will never be bye bye XRP hehehehe. Similar to many scamcoins in the cryptospace, this will continue to pump and dump and pump again hehehe.

u afraid about what xrp can do but im more afraid about stablecoin like usdt or usdc can do.
criticizing xrp won't have much impact on bitcoin, but stable coin? it's real deal

I am not afraid on what Ripple might do, however, I was afraid on what Tether and Ifinex might do during 2020 when I created this thread.

https://bitcointalk.org/index.php?topic=5250676.0

But it appears that I was very mistaken on my speculation that Tether, USDT is a timebomb. I have admitted this mistake already. I am not declaring that USDT did not do anything that was not legal. I am only implying that my fear on them I was very much overestimating.

tether has alot of US goverment bond which mean US law enforcement cant do shit about tether.
the signal is clear like water, europe ban tether to protect their own citizen even they are US ally

[Abiky]

USDT definitely has some bad rumour around it but USDC i don't think there's problem with it.

on the other hand, people keep putting their eyes on these two stablecoin that even at the slightest anomaly people will notice, I don't think these stablecoin is going anywhere soon, but so does XRP, instead XRP is ready for ETF filling,
both stablecoin and XRP aren't going anywhere.

USDT used to have a shady past. Not giving proof of its reserves and constantly "printing" new units is a huge red flag to many. But USDC is as trustworthy as it can be. Same as PayPal's PYUSD. Ripple joined the game a while ago with the launch of a new stablecoin. I'm not sure if it will be as much of a success as its competitors. It shouldn't have a problem reaching its goals now that the current Trump administration is pro-crypto.

XRP will continue to rise in price as long as the hype persists. I wouldn't expect much from it because it's a "centralized shitcoin", though. But to each, their own coin of choice. It's a "free market" (as in liberty), anyways.

[bbc.reporter]

On USDT and Tether, it appears that the declarations of their doomed by @Bitfinexed has been proven wrong already? He has also influenced me to make a similar declaration, however, it is presently and certainly very clear that they are only fud.

Tether has singed a partnership with real estate company to use USDT for transactions.

I speculate that this doomed on Ripple might occur to be something similar to Tether.



Tether Operations Limited, the largest stablecoin issuer based in El Salvador, has announced a strategic partnership with Reelly Tech, a B2B platform that has revolutionized the real estate industry in the United Arab Emirates (UAE). The two entities signed a memorandum of understanding (MoU) to revolutionize the booming real estate industry in the UAE through the use of blockchain payments.

Read in full https://www.coinspeaker.com/tether-partners-with-reelly-to-streamline-uae-real-estate-transactions-through-usdt/

[philipma1957]

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

It has been on a dump for so long and don't move a lot.

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..

Lesson to learn here , don’t hate on something just for the sake of it.

Up almost 600% in 2 months , you still think it’s a shit coin?

its pretty much complete and total garbage much like eth is.

But people pay 6 million plus for bananas taped to a canvas so it does well.


https://www.voanews.com/a/how-a-viral-duct-taped-banana-came-to-be-worth-6-2-million/7871610.html#


so I have to think that XRP is better than THE banana on the wall.


Although I would not buy either 1.

[john_egbert]

its pretty much complete and total garbage much like eth is.

But people pay 6 million plus for bananas taped to a canvas so it does well.


https://www.voanews.com/a/how-a-viral-duct-taped-banana-came-to-be-worth-6-2-million/7871610.html#


so I have to think that XRP is better than THE banana on the wall.


Although I would not buy either 1.

The value of art, sometimes, cannot be comprehended.

It's the same with some NFTs with the same value this banana has 

[ultrloa]

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..

Lesson to learn here , don’t hate on something just for the sake of it.

Up almost 600% in 2 months , you still think it’s a shit coin?

its pretty much complete and total garbage much like eth is.

But people pay 6 million plus for bananas taped to a canvas so it does well.


https://www.voanews.com/a/how-a-viral-duct-taped-banana-came-to-be-worth-6-2-million/7871610.html#


so I have to think that XRP is better than THE banana on the wall.


Although I would not buy either 1.

That is prime example on what people can do just to post their craziness online and I guess that buyer succeed to get a clout for what he do. And its crazy that many people buy those situation and got impressed for what noise created by that Banana.

Also even though XRP is pumping and many people hype it I still don't trust this coin when talking about long term. The only thing I like about that coin is cheap and fast transaction but aside from that the same with other altcoin XRP still the same with other shitcoins.

Better to buy Bitcoin and HODL.