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BTC , ETH , XRP in the next months

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42 minutes ago, Julian_Williams said:

OK  These are some of my points, tell me which of these points do you disagree with?

BTC and Coinbase were built on an anti-bank ethos. 

The hiding of identity of users of BTC is an anti establishment and anti regulation trait. 

The hiding of identity has enabled money laundering and has attracted the criminal fraternity. 

Many of the ICOs are money raising scams.

The Bitcoin barons and whales have manipulated the exchanges in a way that would never have been tolerated in the regulated markets and exchanges.

The hash war is a war between BTC whales and has hurt the small investors very hard. 

The hash wars have demonstrated to small investors that BTC is under the centralised control of miners and whales.

XRP is much more regulation ,bank, FI, establishment friendly than Bitcoin.  XRP ethos is much more in line with the ethos of the establishment than BTC's ethos.

Obviously, since you disagree with almost everything I wrote, you will disagree with almost every one of the above statements?

My expectation that BTC is heading for oblivion is of course based on deduction from the above points.  Obviously if you think BTC is establishment and regulation friendly,  and that it will be the darling of institutional investors (rather than the despicable banker's coin, XRP), then yes I can see you would disagree with my assessment about where BTC is heading.

Sure

Bitcoin as I understand was created in response to the 2008 financial crisis and was founded on an anti-bank / anti-traditional financial establishment/ anti-fiat currency sentiment.  Coinbase I assume was created to make money, I don't know what the founder's motivation to create Coinbase other than profit.

Anonymity of the holder of a bitcoin wallet address is not in itself anti anything.  Some individuals have used bitcoins to pay for items that are prohibited in their jurisdictions although such payments are a small fraction of the licit payments made in US dollars.  I will say I have set up a wallet for XRP and I don't remember giving my name or SS# to do so.  I don't see how using XRP is any less anonymous than using bitcoin.  As far as I can tell XRP can just as easily be used for illicit payments as can bitcoin.

I believe that people/whales have exerted their buying power to purposely raise/lower the price of bitcoin, however such manipulation is no different than the manipulation that occurs on on all stock exchanges which are almost completely manipulated.  The stock market, the commodities market and the forex market are completely manipulated by whales and governments.  Also the price of XRP seems to have also been manipulated and to a greater percentage than bitcoin, at least in the last year. 

I don't know if the hash war had any effect on prices, the price action seems normal for bitcoin given its history, however Craig Wright (Bitcoin Cash SV founder) has been noted as causing the recent drop in the price of bitcoin and subsequently all cryptos by threatening to bring the price of bitcoin down to $1,000 if necessary to win the hash war with Bitcoin Cash ABC, though I would imagine large investors lost much more money than small investors.    As an aside Craig Wright has also banned me on Twitter. 

I would think most investors, small investors included are completely oblivious to the hash war, either way I don't think Bitcoin Cash's fork has shown investors anything other than the volatility of the market which many people already knew..

XRP was designed to be used for international bank transfers so I imagine it is much more suited to that purpose than is Bitcoin, however it is unclear if the SEC will determine that XRP is a security or not.  If XRP is deemed to be a security it will curtail it's use at least with regards to US financial institutions.  Bitcoin has been ruled not to be a security.

The fact that bitcoin is anti-establishment is one of the main reasons I as well as many in the crypto community like it.  Many people despise XRP (not me) for the fact that XRP is designed to work with banks.

That's not everything but the above pretty much addresses your points I think.

 

 

 

 

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8 hours ago, Baka said:

Do you think it will slowly decrease like it's already doing ?

I'm thinking BTC will go down to 2000-2500$ in the next 3 months , Eth 50$ and XRP 0.2-0.25$ 

I can't see a real increase before 2020 for XRP, I hope I'm wrong though 

Maybe u r rite. I think btc can fallin deep . Think all mark can fallin under 100 billion usd .  Maybe  iam false . 

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2 hours ago, Eric123 said:

Sure

Bitcoin as I understand was created in response to the 2008 financial crisis and was founded on an anti-bank / anti-traditional financial establishment/ anti-fiat currency sentiment.  Coinbase I assume was created to make money, I don't know what the founder's motivation to create Coinbase other than profit.

Anonymity of the holder of a bitcoin wallet address is not in itself anti anything.  Some individuals have used bitcoins to pay for items that are prohibited in their jurisdictions although such payments are a small fraction of the licit payments made in US dollars.  I will say I have set up a wallet for XRP and I don't remember giving my name or SS# to do so.  I don't see how using XRP is any less anonymous than using bitcoin.  As far as I can tell XRP can just as easily be used for illicit payments as can bitcoin.

I believe that people/whales have exerted their buying power to purposely raise/lower the price of bitcoin, however such manipulation is no different than the manipulation that occurs on on all stock exchanges which are almost completely manipulated.  The stock market, the commodities market and the forex market are completely manipulated by whales and governments.  Also the price of XRP seems to have also been manipulated and to a greater percentage than bitcoin, at least in the last year. 

I don't know if the hash war had any effect on prices, the price action seems normal for bitcoin given its history, however Craig Wright (Bitcoin Cash SV founder) has been noted as causing the recent drop in the price of bitcoin and subsequently all cryptos by threatening to bring the price of bitcoin down to $1,000 if necessary to win the hash war with Bitcoin Cash ABC, though I would imagine large investors lost much more money than small investors.    As an aside Craig Wright has also banned me on Twitter. 

I would think most investors, small investors included are completely oblivious to the hash war, either way I don't think Bitcoin Cash's fork has shown investors anything other than the volatility of the market which many people already knew..

XRP was designed to be used for international bank transfers so I imagine it is much more suited to that purpose than is Bitcoin, however it is unclear if the SEC will determine that XRP is a security or not.  If XRP is deemed to be a security it will curtail it's use at least with regards to US financial institutions.  Bitcoin has been ruled not to be a security.

The fact that bitcoin is anti-establishment is one of the main reasons I as well as many in the crypto community like it.  Many people despise XRP (not me) for the fact that XRP is designed to work with banks.

That's not everything but the above pretty much addresses your points I think.

 

 

 

 

Credit to you for standing your ground.  I think we agree to disagree.

The irony is that it is XRP, by embracing the banking system, that will wipe out the banking system

Edited by Julian_Williams

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58 minutes ago, Julian_Williams said:

Credit to you for standing your ground.  I think we agree to disagree.

The irony is that it is XRP, by embracing the banking system, that will wipe out the banking system

"Will wipe out banks"?

Which planet are you from Amigo?

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1 hour ago, MQB said:

"Will wipe out banks"?

Which planet are you from Amigo?

I think what Treacher predicts is right when he speaks of a new paradigms for financial services that will be created on the internet of value.  All the old ways of of organising everything centrally will fragment into smaller services provided on the IoV and IoT and the big institutions will not know how to adapt to the new order.

"winners will be regulated"and we are "going through a tipping point".  He tells us there are "a number of very successful organisations win in the market by doing one thing really well, payment companies ... and investments companies.  So  we can see the de-fragmentation of the universal banking model really kicking in, we can also see the de-fragmentataion of the global (waving arms) cover ...many many markets... the future will be where many many specialised providers.... .......shipping, robotics will integrate together in a web of commerce.  That's where I really think it is heading.  Volumes will be massive, billions and billions ... interacting.......there will be 50 billion things connected to the internet, there will be KYT (know your things)  and  KYC.....these players looking ten fifteen years into the future, their models, will be very very different.  He then tells us that it is very hard for global companies to adapt from the old model to another, and illustrates his point very cleverly with the observations that "no shipping companies managed to develop into companies that own airlines, the shipping companies never made that transition from moving customers across the world by sea to moving people around the world by air"  (I thought this is a very powerful metaphor of the difficulties companies like WU and big banks might have with adjusting to the fragmented and interconnected financial service economies of the future)"....it is very difficult to make that shift..... So many of the large players in the financial services of today, I would argue would struggle to compete in five years ten years in the future..and the top ten of 2020 are probably not in the circuit"

Edited by Julian_Williams

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9 hours ago, Julian_Williams said:

and the only direction left for BTC will be oblivion.

I highly doubt BTC will go to oblivion. 

Bakkt and Fidelity are in the verge of opening trading.  Then ETFs.  This legitimizes trading in this space for high net worth individuals, institutions, home offices etc.  XRP to follow.

i wouldn’t bet against BTC.  Sure, some say it’s fools gold, it’s centralized (it is), it’s this or that.  But it has the first mover advantage and an ecosystem that is building around it as well.

Don’t get me wrong, I think XRP is better than BTC for many reasons, I bet both will succeed long run.  I think it is wise to hold both, and competition in this space is needed.

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9 hours ago, xrp_sea said:

The crypto market will go back up at some point. I’ve been in this game since 2011 and it always does. There was a huge run-up at the end of 2017, and consequently we’re now experiencing a really nasty hangover. It’s anyone’s guess when and what will trigger the next bull market, but it will come just like the sun will rise tomorrow. There are many companies right now that are building eco systems around this technology. It’s too big and too revolutionary to just go away like some people are predicting (or wishing).

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.

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7 hours ago, susli said:

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.

Many use ETH as a base. I have read numerous stuff on that. Much of it is a direct competition to what Vechain offers. So ETH might be the real Dark horse in DA land.

Edited by zenkert

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On 11/30/2018 at 1:33 PM, Baka said:

Do you think it will slowly decrease like it's already doing ?

I'm thinking BTC will go down to 2000-2500$ in the next 3 months , Eth 50$ and XRP 0.2-0.25$ 

I can't see a real increase before 2020 for XRP, I hope I'm wrong though 

I wouldn't put figures or timing on how well an investment will perform. 

Where I think you are wrong is in thinking XRP will perform as badly as ETH and BTC and stay there.  Speculation is a sensible way to evaluate value of an asset. The potential value of XRP as a digital bridging asset is becoming more and more obvious, and it is also obvious that if XRapid get adopted on a sufficient scale the tokens will need to be worth at least $10 each.  

If there is only a one in ten chance of XRapid being adopted the speculative value should be approaching $1.

If there is a one in two chance of XRapid being adopted the speculative value should be approaching $5

If there is a 95% chance of XRapid being adopted the speculative value should be approaching $9.5

In this context the speculative value of XRP at 0.25 is an undervaluation.

(NB The XRP Price Calculator, which has been put together from models provided by Ripple staff, provides evidence that Ripple expects XRP valuation to reach $100s of dollar per token.  So my $10 valuation is very conservative)

Edited by Julian_Williams

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49 minutes ago, Julian_Williams said:

(NB The XRP Price Calculator, which has been put together from models provided by Ripple staff, provides evidence that Ripple expects XRP valuation to reach $100s of dollar per token.  So my $10 valuation is very conservative)

At $100's per XRP  - speechless.  

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2 hours ago, VegitaXRP said:

At $100's per XRP  - speechless.  

https://xrpbalance.com/ "This calculator is based on the valuation model developed by Susan Athey (Board of Directors, Ripple) and Robert Mitchnick (Stanford Graduate School of Business) in the paper A Fundamental Valuation Framework for Cryptoassets"

If XRP has to transfer hundreds of billions a day it would have to have a high value, that is a matter of mathematics.  Of course we are not talking of reaching this scenario in 2019, but even a small proportion of XRP target markets ( SWIFT, Derivatives, Moojollop, Smart Contracts, Remittance) could make the demand for daily transfers using a bridge currency hit the trillions.

Edited by Julian_Williams

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3 hours ago, Julian_Williams said:

I wouldn't put figures or timing on how well an investment will perform. 

Where I think you are wrong is in thinking XRP will perform as badly as ETH and BTC and stay there.  Speculation is a sensible way to evaluate value of an asset. The potential value of XRP as a digital bridging asset is becoming more and more obvious, and it is also obvious that if XRapid get adopted on a sufficient scale the tokens will need to be worth at least $10 each.  

If there is only a one in ten chance of XRapid being adopted the speculative value should be approaching $1.

If there is a one in two chance of XRapid being adopted the speculative value should be approaching $5

If there is a 95% chance of XRapid being adopted the speculative value should be approaching $9.5

In this context the speculative value of XRP at 0.25 is an undervaluation.

(NB The XRP Price Calculator, which has been put together from models provided by Ripple staff, provides evidence that Ripple expects XRP valuation to reach $100s of dollar per token.  So my $10 valuation is very conservative)

I was talking in the next 3-4 months , and I'm thinking that XRP would go down like BTC and ETH and it did.. even worse then BTC.

I aint talking about XRP in 5-10 years , but in the next coming months. I'm sure we ll see lower price then 0.35$

 

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