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  1. mrhat75

    XRP Price Prediction

    I too think that this market is insanely overvalued. Pure speculation and no utility. Huge waste of energy. Store of value? Drops 90% on the regular. People have made and lost a lot of money, but the entire market is pure bullshit imo. Nothing of value. I did make 70% in a little over a month in BTC/ETH and cashed out those tulips. I've thought both should be worth zero for years. I'm sure they'll go up higher this cycle due to the psychosis around the crypto casino. As for XRP, I'm skeptical about it in terms of utility and just see it as something to cash out so I can be out of this space entirely. I think Ripple are the only adults in the space, but the braindead gamblers in it dislike it and since it's the only true threat to the establishment, they don't like it either.
    6 points
  2. Many posters probably weren't around, but in the early days there was a lot of free XRP floating around for retail investors. The initial Computing for Good distribution, giveaways on early BTC forums, Certain exchanges would give away XRP for signing up and opening wallets and more bonuses when you purchased XRP. The forum previous to this one gave away the 20 XRP to activate a wallet to anyone who asked. Can't remember retail investors at that time complaining about downward price pressure while they were getting handouts.
    5 points
  3. While the rollout was a bit of a shitshow, the more I learn about Flare, the more convinced I am of its potential. In my opinion, its use-case (allowing decentralized sourcing of data) is the most compelling in all of crypto currently. This is especially true when one considered the applications for AI sourcing of data.
    5 points
  4. I couldn't laugh more at the hipocrisy of finding out that RIpple makes an income selling XRP. Well you "smart guys", BTC "miners" make an income selling BTC, so what? Awww, Ripple sells XRP to instituional investors below market value. So what? It is done with very specific restrictions for those buyers. Retail can buy and sell at any second, it is not the same with institutional investors. So those restrictions on property should come with a discount in price. It's pure logic. Also for example, we retail can get airdrops at any time, like the FLR one and others, never excluded. That's not the same with some institutional wallets. At the end, what counts, is the development of the echosystem. Ripple made the first "stablecoins" through IOU, for example Bitstamp IOU and the first Dex. But because of the US harrasment against Ripple then Ripple had to close Rippletrade and well, there you have Binance and the BNB Chain which is a total rippoff of the original idea. And you have Tether. Ripple had basically all the pieces of crypto and it's on the US State fault that they forced them to either close or not implement certain aspects. What the XRPL was capable of doing in 2013 is the sum of Tether+Binance at the least and it is not their fault being smaller than what they should have been if the idiotic US Government through the SEC and other agencies wasn't boycotting a specific company while letting others thrive untouched. Aww well, but lets blame that on evil Ripple. Why don't you leave this chat and go FUDding ripple on a BTC or ETH forum?
    4 points
  5. clowns to the left of me and jokers on the right, stuck in the middle with you......
    4 points
  6. The irony is that the SEC harmed retail far more than institutional sales ever could. We all knew that Ripple sold and sells XRP at a discount. What has me more concerned is the lack of adoption of ODL (not that regulators have helped), the pure, bold, and open corruption of the government in many facets, and complete lack of any action or care by a complicit Congress. I'm concerned this will be used as FUD and the case will continue to drag out and put a damper on any possible crypto bull run for XRP (I don't think it's guaranteed BTC goes any higher either tbh). I think I'm ready to finish my exit from this space.
    4 points
  7. https://en.wikipedia.org/wiki/Tulip_mania One day I expect BTC will collapse into, "WTF was that all about", it's a model T Ford in a world full of modern day Ferrari's, that don't cost anything to mine in electricity or hardware... but for now, the idiots are buying into the store of value narrative and the speculators will play the long and short game all the way up and down. As for XRP, well let's just hope utility really does matter.
    4 points
  8. I miss @Eric123's drudgingly consistent updates. Hope he's OK...
    4 points
  9. 4 points
  10. https://www.coindesk.com/business/2024/03/20/ethereum-foundation-under-investigation-by-state-authority/amp/ HEY SEC LOOK IN THE MIRROR, YOU WAS IN ON IT.
    3 points
  11. I have not played with this yet, will update when I do
    3 points
  12. She is gonna have to make a decision rather soon...I dont think she will break downwards tbh. It is getting close to the end of the 7y triangle. I think XRP will do fine in this bull run depending ofc on how each of us defines "fine". If you expect 100 USD, then no, but I think that 5.8 USD is an easily attainable top in this cycle. I think we are still early into this cycle. Halving has not even taken place yet and there will be much more overall demand in this cycle than in this previous one, imo. I expect most coins with small / mid caps to go x10 from here. I am quite bullish, but I believe the tops for some of my coins are around these levels - HBAR 1 USD, VET 0.3-0.5, VRA 0.2-0.4, ROSE 1-1.5, FLR 0.3-0.5, XRP 5-7 Thats if we get a proper bull run which I believe we definitely will.
    3 points
  13. The CEO posted this: A good description of all this here:
    3 points
  14. In 2018/19, I went to an OpenAI conference at a tech expo. I remember raising my hand with the comment, "the pen is mightier than the sword" in regards to AI. It was clear to me then that "bots" could sway votes and antagonize like a political weapon, but I saw the real threat to be the widening political divide. Essentially bots make a few comments and we kill each other - no terminator required. I've also thought a lot about UBI in the wake of automated driving, manufacturing, farming, etc. Which I currently believe will be necessary in the future. My core belief is that this wave of technology is good and that people will adapt. I've until recently believed that people would become investors, creators, scientists and engineers, but we've seen massive leaps in AI creativity. I thought everyone would invest their UBI and create art or items for sale, but now AI can out create and possibly out invest people. It's too difficult calling the future 10 years out, but with AI its too difficult predicting the future 3 years out, but I can't help being optimistic about repurposing peoples' time and the good and advancement it will create. I will make this one bold prediction, i'm sure you've heard or thought before: We will see single person run company achieve billion dollar+ market cap on his/her own. It used to take a team to create a spreadsheet, then the calculator and computer/excel came out. Customer support can be run by a chat bot, so can accounting, manufacturing, marketing, logistics, investor relations etc...
    3 points
  15. I'll be saying bye to half my XRP portfolio tonight most likely. Then after that, you'll all become rich as the XRP market will pump.
    3 points
  16. Ok, so apparently a default has been changed in v3.0.0 To get the same address using v3.0.0 you should use 'secp256k1' or xrpl.ECDSA in the options instead of the now default 'ed25519'. Using the following in your code should solve the problem: const fromWallet = xrpl.Wallet.fromSecret(fromWalletSecret, { algorithm: xrpl.ECDSA }); Noted that it should have been marked as a breaking change
    3 points
  17. Some very insteresting news for every XRP holder, finally: Updates from the FAssets beta program March 07 2024by Nick Campion The private beta of FAssets is progressing well. In April, Flare Labs plans to open the beta to the wider Flare community. The private testnet beta of FAssets commenced in December 2023. Comprehensive testing has been underway on all the aspects of the system, ensuring an intuitive onboarding experience for agents and new users, plus validating the fundamental operations of the system: minting, redeeming, liquidating and challenging. Flare Labs have now onboarded several additional agents to the beta and competitive tests are due to commence, including the simulation of market volatility to assess the system’s robustness under stress. Experienced infrastructure providers, who have supported the network as FTSO data providers since the early days, are also being asked to join the beta and support the tests. Once this phase has been satisfactorily concluded, Flare Labs will open the Coston testnet beta to the wider Flare community. You will need to use Coston FLR (CFLR) and testnet XRP to participate. The open beta phase is planned to commence in April. For a behind the scenes look at the development process of FAssets, watch the latest video by Flare Metrics’ and FTSO AU’s Tim Rowley. Source: https://flare.network/updates-from-the-fassets-beta-program/
    3 points
  18. 3 points
  19. I doubt that. The SEC case, to some extent, is a great excuse for people to explain their poor investment decisions, and for ripple to hide behind. Look at SOL or ADA, the SEC accused them of being a security in 2 big lawsuits. I dont think ODL (=XRP main utility vehicle) would have taken off globally even without the lawsuit, yet in 2016/2017 XRP pumped crazy on the speculation of ripple centering it into global payment flows with all its 'banking partners'. The fact that after 6-7 years ODL volume is still low, ripple publicly saying they use other tokens too and they now focus on custody solutions and LH -completely without XRP it seems- leads to the market still correcting the 2017/2018 pump. The poor performance since 2018 soley originates from the hopium ripple spread years ago and a 'network of influencers' still pushing this narratives - which made them rich, but everyone who bought xrp since then mostly missed out against the market. Without the utility people thought would come from ripple, XRP has just too less of utility/functions to justify it still being a TOP 10 coin. There's no staking, no smart contracts, no incentives for VC's to pump it up like they did with SOL, ADA and many others... it has no meme potential, except the fact that its constantly getting outperformed (which basically has become a meme so to speak)
    3 points
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