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About xrp_sea

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  1. XRP, Stellar, Cardano, and few others are jumping as well. It's just money rotating out of the others.
  2. Not necessarily. XRP is one of several coins that could meet Telsa's goal of low energy consumption. Some people are suggesting DOGE, but it doesn't sound like a serious contender to me. XRP has a much longer track record and a solid company behind it. Elon has had trouble with the SEC before so he might feel kinship toward XRP. It's not likely, but it's possible.
  3. I know of a crypto that doesn't have this problem... https://www.cnbc.com/2021/05/12/elon-musk-says-tesla-will-stop-accepting-bitcoin-for-car-purchases.html
  4. https://www.nytimes.com/2021/05/09/us/politics/cryptocurrency-regulation-sec-ripple-labs.html Excerpt from the article: "Jay Clayton, who was the S.E.C. chairman until December, is now a paid adviser to the hedge fund One River Digital Asset Management, which invests hundreds of millions in Bitcoin and Ether, two cryptocurrencies, for its clients. Mr. Clayton declined to comment. The day before Mr. Clayton resigned from the S.E.C., the agency filed a lawsuit against Ripple Labs, which competes with Bitcoin, alleging that the company had improperly raised $1.3 billion from investors t
  5. Yes, I stand corrected. It's ~17mil XRP/day.
  6. His selling has been accelerating. So, yeah it could end even earlier.
  7. Jed's selling should be done by early August at this rate. I think XRP's price will really take off between then and the end of the year. I know there has been a lot of discussion on this already and many people don't think his selling makes much of a difference. I happen to think dumping 17 mil+/week does make a difference, at least from a psychological perspective. It's just a hunch. If there is another catalyst (SEC settlement?) around the same time, the sky is the limit. https://jed.tequ.dev
  8. Random Twitter feeds...such a reliable source of information.
  9. You're making that assumption based on what? I'm sure there will be people selling, but there will also be people buying as defi is a hot space right now. And if the price starts rising, FOMO could kick in and send the price through the roof. The fact that it is free to XRP holders really has nothing to do with it. A lot of cryptocurrencies is existence today were airdropped and the people who dumped on day one are kicking themselves now.
  10. The bottom line is no one knows what the price of FLR will be. Many people think it will be much lower than the IOU prices. I personally think it could go much higher as defi is hot now and this project/team appears to have amazing potential. However, it's not much more than just an idea as at this point. They haven't proven anything in the real word yet. In other words, anything could happen.
  11. No research necessary. I'm well aware. My point is it's very common for companies to own interests in other entities that investors in those companies may not agree with. Trust me, this is nothing new or groundbreaking.
  12. No one is forcing 401K holders to buy into the S&P500. And no one is forcing the S&P500 to include Tesla. A lot of these companies do things that we may or may not like.
  13. You could never get a yacht like that for 10 BTC. That would take a few thousand BTC at least.
  14. This is not even a correction. Minor hiccup maybe. We're still up 25% over the last three days, 88% over the last 7 days.
  15. This is nothing to freak out about. It's just a little profit taking on the way up. Expect the volatility to continue.
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