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Zerp_Legend

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Everything posted by Zerp_Legend

  1. 1. Don’t trust any insider 2. I don’t think she has any exclusive info
  2. Jbnr explained perfectly how a market maker might think. Will odl increase demand ? One might think no because of the constant buying and selling, but it’s not so simple in reality. Market makers will earn on spreads and if there is enough odl volume they will want to hold xrp and even increase the price to enable more odl volume .
  3. For every amazon there are 100 counter examples . We will see
  4. Something like Xrp can only work if it was available for everyone .
  5. Eos is not a security according to the Sec and the developers used eos to fund their operations . Worst case ripple pays a fine and that’s it. Besides Ripple already paid a fine for selling xrp back in the old days, you can bet that they are doing everything according to the book.
  6. They already got some remittance companies using xrp. Many others like Instarem I think plan to use ODL this year, same with SBI Remit I believe. Thing is, it all takes time, especially building liquidity. Also, remittances arent really that interesting imho, its not that big of a market. Not sure how long one can say that regulations are a problem, arent they pretty clear in countries like Japan, England, Thailand, Singapore etc.? Maybe I got the wrong impression. MXN/USD Corridor is looking stronger every day. Apparently regulations arent a problem here. Anyways even with utility this is a highly speculative market. Dont look so much into fundamentals, it will only hurt and give you an excuse to hold through the endless downwards pressure. Ripple has a professional team of people experienced in building liqudiity and yet some other coins have better liquidity, keep that in mind. I dont doubt that xrp will be succesful but the time horizon may be much longer than we want.
  7. How do you expect utility to work? There has to be buying and selling. Demand is low right now, not just for xrp. If you arent happy with your investment then get out (when in doubt get out). You only need to judge your own behavior, if you think Ripple / Coil is throwing out free xrp and its hurting retail speculators then open a short position or look for a better investment. I had the same thinking as you so I sold 90% of my xrp.
  8. Where are you from? Not sure whether the service is offered for every country. You need to get KYC'd there and the rest is pretty simple.
  9. Swell is at least for me an event for Ripple partners to meet. It was certainly nice that they invited "normal" people but there is no need to do that imho, of course I wouldnt mind them inviting me One can only blame himself when an asset doesnt behave the way he wants to. Wyckoff said a 100 years ago that you shouldnt look too much into fundamentals when investing in a speculative asset and take responsibility for your mistakes. Everyone who provides liquidity is "needed" in some form. If you have 10 Million people putting 25$ into xrp each month thats still 250 Million Dollars or 1.25 Billion xrp at current prices. Besides, retail participation is what makes a market interesting / volatile. If Ripple didnt want retail participation than Xrp wouldnt exist on the free market. And of course Ripple is dumping on us. There cant be a sell order without a buy order, this is neither bad nor good. Besides what should Ripple do with 50% of the supply? They gotta use it somehow. Uber Founder sold 2.5 Billion Dollars worth of his shares, its his right to do that.
  10. Where are you from? Bitpanda for example offers this service. Maybe also Coinbase, not sure. Bitpanda works perfectly by the way, its a regulated exchange in the EU, no need to worry. My bank does the same for my stocks, not sure why @ADingoAteMyXRP thinks that one shouldnt do that
  11. Yeah I think it was a mistake inviting some of these you tubers . Shit happens
  12. I do believe that whales will pump btc around the halving. But its nothing sustainable or of fundamental value imho. Its always easier to pump a coin if there are some news, it attracts retail
  13. People are often trying to connect dots where there arent any. Doesnt matter whether its the xrp community or any other. I do remember back then that someone had inside infos about a possible AMEX deal and few weeks later it happened
  14. We are both on the same team (pro xrp), I just think that building liquidity is one of the hardest things possibly. I give it another 5 years
  15. Flip the switch babyyyyyy . I forgive you for insulting a platinum member of the xrp community
  16. Seems like you aren’t long enough in the market to understand the switch joke . Maybe stop judging people
  17. It’s crazy how such a small start up already got so many clients that’s true . Now if they all would turn on the switch that would be nice
  18. I don’t think that bitcoin or xrp can be compared to penny stocks , they are big and liquid assets. i agree with you about Jed , he sold in 2017 too . It was just an example , for me all the xpring investments , the millions of dollars going into donations , universities etc are a sign for me that buying xrp right now is not smart , I rather wait for it to turn more bullish , it’s not like it will jump to a dollar within a day Any asset can be manipulated to a big boom , it’s all about whales in the end . But If I want boom I will rather buy a promising low cap crypto to be honest . I don’t think that regulations are that important , I have seen crazier swings with Tesla and other stocks . All I am saying is for me personally buying xrp right now is not that attractive , ripple changed some of their plans and I don’t like it ( for example they seem less community focused than in 2017 where several employees often visited the forum )
  19. You hope he is wrong because you want it to happen faster ? Xrp is one of the worst performing top ten coins , there is no momentum behind it despite growing utility. There are still many concerning things about xrp ( like jed selling huge amounts ) . I think he is right , price will climb slowly . Mgi is not big enough to make xrp a hundred billion dollar asset , the other companies officially using xrp are not worth mentioning . I think you will have to wait , sorry 😐
  20. I agree. Its just sad to see that Omni already failed, they werent old and got a lot of money from Ripple/Xpring. And yes, I agree with you. I dont really like buying xrp when hearing about this stuff.
  21. Its different. Other consensus models, other use cases etc. There is a reason many top coins were built on Eth. No need to argue between coins
  22. Yes but btc is slow and fees are not reliable. The only advantage right now would be that btc has better liquidity xrapid could in theory be implemented with any coin imho .
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