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susli

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Everything posted by susli

  1. 0. $60 or bust. $60 is my target price for selling.
  2. susli

    When rich ?

    You are rich when you no longer need the money.
  3. Anything is possible. Can’t predict sentiment. But here are my lower and upper bounds, assuming ripple will be making decent progress like this year. (All prices in USD.) Lower bound: Q1: $0.35 Q2: $0.30 Q3: $0.50 Q4: $0.40 Upper bound: Q1: $0.50 Q2: $1.00 Q3: $3.00 Q4: $5.00
  4. The technology will stay and flourish, but that does not necessarily translate to growth of these community driven crypto currencies. Companies are developing things using blockchain technologies. Existing, established companies like IBM. Those community driven crypto projects may not be able to compete with these establishments in the long run. I think in the long run, the only ones that will succeed (in terms of bringing financial growth) are the ones that have successfully partnered with the establishment, and maybe one or two anti-establishment “darknet” coins used for money laundering and other illegal/gray area/anonymous purposes. XRP is in such a unique position. It has provided tremendous financial resources for Ripple to grow and do what they set out to do. Ripple’s success however does not depend on it. It is the only crypto currency with some substance.
  5. I will wait the market to bottom out before buying. Need money for real life too 🍪🌰🥜🍯
  6. I agree. But this one actually makes sense though. Market manipulation and exit scams aside, most alts cannot cover their bases and will run out of money and die. The big corporations and established players in the meantime continue to develop blockchain technology and their applications. They will eliminate the need (to exist) for many alts even with real world uses and valid business models. Whether there will be surviving ones that canablize the remaining community crypto money and rise from the dead remains to be seen. bitcoin and xrp are the safest bet atm, relatively speaking, but we all know that.
  7. susli

    Stay strong guys.

    Yes https://ripple.com/insights/q3-2018-xrp-markets-report/
  8. Don’t forget the lasting damage it has done to the miners. Miners in China are closing shop and selling their equipments by weight (according to F2Pool). GigaWatts went belly up and is getting evicted. Norway is discontinuing its huge tax incentive for miners.
  9. susli

    Stay strong guys.

    I just don’t see how the fundamentals of XRP is correlated to the price movements (or the lack thereof) right now. There has been some decent institution buying but it is still extremely early for xRapid. Bitcoin is crashing which drags XRP down with it. That’s all it is happening right now.
  10. susli

    Is crypto dead?

    Venezuela got our backs on PoW bitcoins 😅
  11. Someone send me an invite please. Thanks
  12. More mainstream coverage of this today https://www.thepaypers.com/cryptocurrencies-bitcoin-virtual-currencies/santander-launches-onepay-fx-ripple-based-app/773358-39
  13. MUFG has always wanted to use their own crypto currency. but hey they are just a single bank, the biggest bank in Japan, and Akamai is one of the largest cloud content delivery company in the world, as they serve anywhere between 15% to 30% of all web traffic. So it’s normal to be nervous, as they are in the exact same space Ripple is in. However Ripple does have first mover advantage and have already partnered with many banks and financial institutions.
  14. There are always positive and negative interpretations of this. The bottom line is Ripple is sitting on a huge pile of cash and they might as well branch out into other use cases. As with investments it’s always good to diversify.
  15. I will sell as soon as it reaches my target price, which is the price that will net me enough money (after tax) to retire and live a normal moderate life without the need of working. Not before and not after.
  16. Off topic of off topic... I came across this and wow I thought I was the depressed one. https://www.depressionforums.org/forums/topic/96401-so-sick-tired-of-going-in-to-work/ I do have similar feelings as those people, though not as serious. I feel like XRP and my other crypto holdings, but especially XRP helps me in dealing with stuff like this. It gives me hope, and something to dream about. I am so tired of working, and dealing with people and issues after issues in life just to make a living. And considering my health I am not sure how long I can continue working. Holding XRP is more about keeping myself grounded and avoiding feeling overly depressed and anxious thinking about the future, than just some kind of investment. Not sure if this makes sense. It is almost some kind of emotional support ? In short, I can’t wait to make 3 milllion or so off XRP to retire even though I know the chance is very slim but one can only dream sorry for the rant
  17. susli

    Are we back?

    I don’t think people who keep saying XRP “already mooned” realize how ripple and XRP are positioned in the market. It is not a proof of concept coin hoping to get picked up by a few real world partners or hoping to become a new standard. It is literally a few regulation hurdles away from being widely used by banks and financial institutions. Sure the entire crypto market is really recovering in the past few weeks and I am sure very soon there will be coins that blow up like Tron and Neo did, making people extremely rich, and if you want to invest in those there is nothing wrong with it. That doesn’t mean xrp is a bad investment by any means.
  18. I love watching jellyfish doing its thing. So fragile and elegant, like XRP.
  19. Coinbase has always been hostile towards ripple to cater the hive mentality towards a “banker’s coin”.
  20. It’s still very early in the year and the market is still in the adjustment phase. I’d say yes it’s still very much possible. just remember the tax obligations!
  21. Because Rome can be destroyed in one day. ?
  22. the market is far from mature. Most people only have heard of bitcoin and of all the people who have heard of bitcoin, most are not investing because of the risks, real and perceived. None of the people around me knew about xrp at all. now only a handful know because I told them. And I work in the high tech sector and people around me are avid traders. when regulations come, and when people understand exactly how governments want to treat this class of assets, that’s when the final push begins and when the new googles and yahoos are born and the rest of the bubble starts to develop and burst. xrp especially can benefit from clear and concise mature regulations, as the biggest issue preventing it from being widely adopted is the compliance costs and risks.
  23. I think 20 cents is the floor for a lot of people here. XRP was stuck around 20 cents for quite some time and before that it was relatively unknown to the outside world. So many people probably bought at around 20 cents and at least still hold some. When it reaches 20 cents one group will freak out and sell to stop loss, and another group will start buying. Obviously XRP is still tied to bitcoin but if bitcoin can stop the slow bleeding by then, XRP should be able to find stable support and bounce from there. If not...
  24. Bitcoin already down to 7k and xrp 50 cents
  25. If we are back to 20 cents, how many of you are going to sell?
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