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Benchmark

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Benchmark last won the day on March 24

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  1. Yes you may be right. But I do believe that those schemes are more plentiful when we are in a strong bull market, like the period before 2000, before 2008 or before 2020. You will also find that gambling does not increase during recessions. Casinos are hit hard, especially now, but they were as well in the previous recessions.
  2. Maybe, but it could also be a self-fulfilling prophecy. If enough people in crypto accept that the halvening should bump prices, then they will buy accordingly. And if bitcoin moves, XRP moves along, given that most liquidity in crypto markets moves through bitcoin. But that wont happen IMO. I don't have to pull up data to convince anyone here that the world economy is getting ****** with these lockdowns. Everyone is getting out of risky assets and crypto is one of the most risky assets. But of course there is always a small chance that crypto goes crazy because it is crazy, though it seems unlikely that people will FOMO into crypto when they lose their jobs, lose income and have to deal with considerable uncertainty.
  3. Let's also not forget that the bitcoin network is secured by Chinese miners. And like every economic activity in China, it exists 100% at the mercy of the leadership. The future of bitcoin is dire, even with the very vocal support of zealous early adopters. Crypto as a whole will suffer, XRP of course too, but Proof of Work is as good as dead.
  4. Nope. I think the halvening 'tradition' will be broken in a negative way.
  5. No, there might be a few cases where crypto gains against other assets, but in general it follows the herd. Be it with more pronounced swings.
  6. Interest among the retail investors is probably at an all time low and will most likely get even lower as crypto continues to bleed. I'd also understand if FIs have other concerns at the moment while every asset is getting pounded. But eventually this shit passes and some cryptos survive. Who knows which survive is anyone's guess. However, the importance of the digital economy has increased a lot while people are forced to stay at home, while cashless payments have become preferred due to virus-related risks. The internet of value is happening no matter what, pandemic or no pandemic. If we are lucky XRP will be an important part of it.
  7. Yes it's much better now. Kids like @AlexJohanson, @Zerpinazerp and @Staigera took over the playground. They appear to be raised very well, don't they. Anyway, set your buy orders at 0.00589. Before the virus ends the world, of course.
  8. The whole market dumped, XRP price is tied to the general bitcoin market and nothing else.
  9. I think it's getting more obvious that crypto is gonna hurt like a mother ****** if the great recession II hits. Safe haven not so much.
  10. He's probably the real Satoshi. Because that would fit perfect into the whole thing called 'crypto'.
  11. Not the end of crypto, but definitely also not the end of the bear market.
  12. I'm quite sure we are nowhere near a bull market. But yeah, like you say this is crypto. Anything can happen. I just think it's gonna get a lot worse.
  13. More forks are to be expected though. It happens naturally with PoW.
  14. Bitcoin has been in existence longer, has gotten much more attention and has by far the most trading pairs in the crypto market.
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