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Zerpple

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  1. Whelp, good luck on your adventure. Ripple is a private company and doesn't have to disclose anything. Many people have looked for facts before, but when they didn't find anything, the community declared they are all hidden behind non disclosure agreements. You get a lot of 'like minded individuals" together to research topics that lack clear facts and, well, your dot connecting won't be limited to the weekends. Every major religion has members who study their respective religion to look for "facts" that they can share with others. Despite many of these religions being in conflict with each other, these groups always feel successful. tldr: Without hard facts, cognitive bias will likely eventually over take this proposed group.
  2. Maybe, how about: I'll cut you down so low, you'll make the price of XRP look good.
  3. Oh I see, we're just hoping to be able to cash out on a crazy pumped price that will come crashing down as quickly as it shot up. Like a penny stock pump and dump scheme. Okay, I can see that for prices in the tens of dollars, but the amount of substantial base you would need to get into the hundreds or thousands of dollars makes it hard to believe. I mean, the order book is only going to remain thin as long as price isn't moving, as soon as price starts to go up more and more sell orders or going to be placed, The higher it goes, the more people are going to want to sell their positions. So no, "thinking it can not happen because what comes in must come out" is not incorrect. Money isn't just created out of thin air. You can only sell and realize your gains if someone is buying. Not sure what you are on about regarding market cap, no one ever said it had anything to do with a coins ability to grow in price. It does show the size of the system though. The bigger the system, the harder it is to manipulate it in one direction or another.
  4. I think a lot of uneducated Twitter and YouTubers forget that, just because it's magic internet money, doesn't mean simple fundamental truths don't exist. Like, for example, the fiat that comes out has to equal the fiat going in or the whole system crashes. If XRP ever hit 3 zero values it would create several billionaires. If there weren't billions of new speculative money coming in. Those billionaires would never be able to cash out. Price only goes up if buys out pace sells. And no, utility doesn't change that. Utility is a zero sum game, the money would need to be entering the system from other sources.
  5. In the end, the crypto currency with the most interesting use case will be crowned king of the seven continents. And who has a more interesting story than Dogecoin, the Bran Stark of the crypto world.
  6. A lot of topics are devolving into bickering lately. Lack of good XRP news and covid lockdowns are taking their toles on everyone. Maybe we should start a new club named "Thunderdome". We can move all topics like this one into it.
  7. I can understand this as a reason to not keep up the blog, but to completely disappear, that seems fishy. Yes, he did say he would post under another account, but his writing style and (sorry Hodor fans) pompous way of disagreeing was fairly unique. He clearly isn't posting in these forums any more. In the end it's probably healthier for investors. You really should do your own due diligence and get your news from as close to the source as possible instead of waiting for someone to aggregate it and feed it to you through their personal lens. Something something fake news...
  8. Maybe I'm too dense to get this, but I still don't see how "utility volume" will have any affect at all on price, with the exception of when utility volume is enough to buy out the order book on an exchange. I mean even then, the transfer results in a near instant sell that theoretically over sells at the destinations. Market makers and arbitrage trading will keep these discrepancies balanced out amongst the exchanges. I can imagine though that price will rise to a level that would accommodate these larger transactions. Essentially normalizing the price values across exchanges, but even with trillions of dollars flowing through ever day, unless a significant portion of total XRP tokens are being held by speculators, the price doesn't have to be much higher than it's is now to accommodate that kind of volume. I mean, with a 5 second transaction speed and tens of billions of tokens actively being traded, wouldn't a price around a dollar a token be enough to handle swift like volumes. Yes, most tokens are held right now, but as utility continues to ramp up, more escrow tokens will be purchased each month. The whole system will continue to scale, growing in transaction volume but not necessarily in price. Aside from spill over from the arbitrage-like trading amongst all cryptocoins (aka the reason all coins gain and lose together) I see nothing increasing the XRP price for at least a decade, if ever.
  9. I like the idea of course. Just like I like the idea of XRP hitting $10 tomorrow, or $300 next week. I just don't think any of it is going to happen. I'm sure there will be a bull market starting soon from the halvening, but I don't think we (BTC or XRP) are going to raise as much as we did in 2017. Going simply off the idea that history repeats itself, you can see a pattern of diminishing returns on post halving bull runs. As for XRP achieving that price on its own. All indicators show the remittance market is still cold, or the very best, luke warm on the idea of using XRP. At it's current rate of growth and adoption, I simply do not see us getting to the utility required to get us to that kind of range. Definitely not in 2 years.
  10. If only XRP price increased a penny every time this thread increased another page... ~sigh~ Sorry, resume the TA.
  11. One moment, let me go find a coin to flip...
  12. Interest rate changes, cheaper bank loans, quantitative easing, mass bond buying... Oh right, forgot where we were. It's totally XRP. Woo $589 incoming
  13. NDA's... oh, I thought that's just what you're supposed to say when you can't find XRP where you would hope to find it.
  14. I don't disagree that as traditional investments lose profitability, investors will turn to new markets potentially taking on a higher risk reward model. But crypto really is closer to gambling than investing. Besides the fact that determining what the "value" of the market is today or will be tomorrow is near impossible, we still have yet to see if our own beloved XRP is ever going to be used in a capacity that raises it's price. If you check casino stocks or gambling figures during recessions, you see they drop like everything else. I agree that there is a large possibility that global economies have been artificially supported by monetary policy (I mean negative interest rates, sheesh) and that this recent virus induced sell off may be the catalyst for popping the economic bubble, but as traditional investments turn sour, shy of the tin foil hat #xrpthestandard theories coming true, I will not be investing any additional money in this market. I'm curious, did your macro hedge fund managers specifically mention moving into crypto? Seems most professionals I speak to still suggest it's too risky to take seriously.
  15. Oh yes, the stock markets this week have made me weary. Maybe I should pull out those investments and move them to the even more unpredictable, highly speculative world of crypto. That seems like a great financial plan.
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