RegalChicken

Traders will get rekt when the switch is flipped and XRP is "allowed" to moon. Many will sell and take a small gain, hoping to buy back lower but it won't drop. Others will sell now, thinking the price is going to $.15 but it won't and instead they will fomo at $.75, $1.10, $2.50 etc etc. You won't get a warning when it goes, it will just go.

Everyone keeps looking for a different excuse to justify Ripple dumping their xrp holdings at a price we've been conditioned to believe is crazy low.

I shared this in the Zerpening, but I know not all of you are in there, so I'll share it here too. Ripple wallets have distributed millions of XRP to exchanges on days that XRP tries to appreciate in price. Some people defend this action as a way for Ripple to generate working capital. Here is a list of hundreds of millions of dollars Ripple has donated. If it "needs" to sell XRP for working capital, then why is it donating so much of it's needed money? What would happen to XRP if they didn't dump 10million to 30million XRP a day? I can show you just one single wallet that offloaded an additional 10million XRP today alone.

I have CryptoInducedPovertySyndrome. 2 year bear market has triggered an indication to buy on all red days, but never sell. It's not good for the bank account

<checks price>

this wallet has 151,000 bitcoins https://bitinfocharts.com/bitcoin/address/35hK24tcLEWcgNA4JxpvbkNkoAcDGqQPsP That's a current valuation of $1,414,870,000 Every $100 change in bitcoin price (which has happened today, up $100+) is $15million. Here are a couple more whale wallets https://bitinfocharts.com/bitcoin/address/385cR5DM96n1HvBDMzLHPYcw89fZAXULJP https://bitinfocharts.com/bitcoin/address/3Nxwenay9Z8Lc9JBiywExpnEFiLp6Afp8v Here's a wallet with 40,000 BTC that spent 2017 and 2018 moving 4k btc at a time. https://bitinfocharts.com/bitcoin/address/3R1hBCHURkquAjFUv1eH5u2gXqooJkjg4B

I don't think so...

But that whale wouldn't be able to easily exit the coin. P&D are very careful to run their project around hype and news, bring on new bag holders so that when the price spikes 40% they can slowly start unloading their bags on the up and be completely out of it before the last bagholder clicks "market buy"

it's not really about how many coins they have although you're sorta saying the same thing. but a small market cap coin with low volume is easy to pump. CSC for instance has about the same circulation as XRP but people on this forum can, and have, pumped it on accident before just because there was zero volume and zero liquidity. and I'm talking about $1,000 or smaller orders that pumped the price 10%. https://coinmarketcap.com/currencies/casinocoin/ Now imagine being a "whale" with hundreds of thousands of dollars or millions to spend. There's at least one person this forum with close to $500k in xrp. That person could moon csc in a day.

They are real. Both as individuals and as consortiums working together. I have seen small amounts of their work live, watched someone claim to do something, then do it. (such as P&D). it's real.

Does anyone know if Huobi (https://www.hbg.com/en-us/) requires destination tags, or if they create a unique wallet address for new XRP investors?

50/50 Half are shilling the idea that Facebook's coin will settle in XRP. The Libra project has some Ripple partners involved. The other half are shilling the idea that FB's coin will kill XRP (I have no idea why) The third half aren't even invested in crypto yet.

I mean, at this point 10x makes us all look semi intelligent again.

https://medium.com/@_Crypto_Maniac_/shane-ellis-theory-xrp-to-500-unedited-8ca691545ee0

To be fair, neither am I. I'd sell today if you'd give me the right price.