Epic Pennant on BTC Chart

[Nat99]

On 11/5/2021 at 3:41 PM, Eric123 said:

Shiba Inu went up like $80,000,000% in a year.

But not from the same basis (in terms of market capitalization)

You are projecting XRP to do a 20x and get it to $20 from here. XRP going from the current market capitalization to a price target of $20 is like BTC going from $3k to $60k ish. XRP would have to have a bit below Bitcoins current market cap of approx 1 trillion if it was to hit $20.

It's quite the move. Then again, a company like Coca Cola is worth $230 billion and ETH is just like 500 billion. ETH tries to capture a way bigger share of the future economy and so does XRP. So yes, could happen.

Just saying that comparisons with a token that went from a market cap of nothing to $31 billion might be a bit misleading.

Edited November 6, 2021 by Nat99

[MQB]

You compare MC of Crypto to that of Stock market? Right!

[xrp-nuke]

8 hours ago, Nat99 said:

But not from the same basis (in terms of market capitalization)

You are projecting XRP to do a 20x and get it to $20 from here. XRP going from the current market capitalization to a price target of $20 is like BTC going from $3k to $60k ish. XRP would have to have a bit below Bitcoins current market cap of approx 1 trillion if it was to hit $20.

It's quite the move. Then again, a company like Coca Cola is worth $230 billion and ETH is just like 500 billion. ETH tries to capture a way bigger share of the future economy and so does XRP. So yes, could happen.

Just saying that comparisons with a token that went from a market cap of nothing to $31 billion might be a bit misleading.

I thought MC does not matter

And yet everyone tries to put it in one or other way

With the DEX any coin can go to trillion MC or any number you choose.

And this time XRP will not overcome ETH, simply because ETH ecosystem is way better and way more developed.

[MQB]

And this nuk(d)e guy still talking schmarck?

[jMusic]

Just put him on ignore.

[MQB]

Since Long time ago

[B088IN]

12 hours ago, xrp-nuke said:

And this time XRP will not overcome ETH, simply because ETH ecosystem is way better and way more developed.

Honestly can’t tell if you’re joking just to get a ride out of people or if you genuinely believe some of the things you say 😂😂😂

[xrp-nuke]

1 hour ago, B088IN said:

Honestly can’t tell if you’re joking just to get a ride out of people or if you genuinely believe some of the things you say 😂😂😂

Time is the judge, but call is made 🤣

[JASCoder]

15 hours ago, xrp-nuke said:

because ETH ecosystem is way better and way more developed

How To Earn A Master Class In The Art Of The Troll...

1. Setup account at an online community for token "X"
2. Identify some token "Y" in which the spokesperson has publicly called "X" a "shitcoin"
3. Post a proclamation to token X fans that token Y is "way better" than token X

Boom. You are now a master troll and may bask in your awesomeness 

[xrp-nuke]

2 hours ago, JASCoder said:

How To Earn A Master Class In The Art Of The Troll...

1. Setup account at an online community for token "X"
2. Identify some token "Y" in which the spokesperson has publicly called "X" a "shitcoin"
3. Post a proclamation to token X fans that token Y is "way better" than token X

Boom. You are now a master troll and may bask in your awesomeness 

Same can be said about X coin maxi. Unfortunatelly XRP is not behind stablecoins, NFTs, smart contracts, defi, swaps, dex and list can go on.

 

But yeah continue pretend that XRP has so huge developed ecosystem with thousands devs and hunderds projects 🤣🤣🤣

[Guest]

48 minutes ago, xrp-nuke said:

Same can be said about X coin maxi. Unfortunatelly XRP is not behind stablecoins, NFTs, smart contracts, defi, swaps, dex and list can go on.

 

But yeah continue pretend that XRP has so huge developed ecosystem with thousands devs and hunderds projects 🤣🤣🤣

You’re right. “Not a security” can do that to a platform. I’m more optimistic of the future.

[xrp-nuke]

12 minutes ago, Ripley said:

You’re right. “Not a security” can do that to a platform. I’m more optimistic of the future.

XRP as well not a security until court rules differently, same as any coin can be challenge to be a security if SEC decides to go after for whatever reason.

And I thought that development happens on the decentralised ledger with the dev support all around the wirld. I do not think they care of SEC as well as trully decentralised ledger.

[Guest]

23 minutes ago, xrp-nuke said:

XRP as well not a security until court rules differently, same as any coin can be challenge to be a security if SEC decides to go after for whatever reason.

And I thought that development happens on the decentralised ledger with the dev support all around the wirld. I do not think they care of SEC as well as trully decentralised ledger.

The SEC commissioner officially saying Ethereum is not a security is a big deal. Which dev will want to develop on a securities platform ?
And how much vilification was done against XRP and its consensus system by BTC and ETH maxis that it is a centralised system and not decentralised ?How much FUD ?

Hell, even now there are still influencers that say XRP is a bankers token. So no, XRPL never got a fair shot. It was never perceived as decentralised. XRP holders and developers were screamed at in all public forums including Twitter, r/CryptoCurrency. Being called a sh*tcoin.

DeFi on Ethereum only took off after the 2018 speech. Not before.

Ripple could not have officially “nudged” development the way Conensys did by paying developers, because it will just be twisted as a security. But if they don’t do it, people don’t build on it, and it is a security because Ripple is now the biggest developer ? What nonsense is that ? I’m pretty sure that Ripple finally started offering funding through XRPLF after figuring that they are screwed anyway. 

Not a security is a huge huge huge strategy credit for a novel blockchain. Decentralised  doesn’t mean sh*t by itself. It has to be unencumbered by regulation. 

Anyway, I don’t have the energy to discuss this again. I know your thoughts come from valid observations. We may not agree on the reasons but we agree that the current state you laid out is obviously accurate.

If XRP is deemed not a security, the past 3 years will just be a blip in the history of crypto and XRPL will do quite well. I’m patient and I have the receipts.

Edited November 7, 2021 by Ripley

[xrp-nuke]

16 minutes ago, Ripley said:

The SEC commissioner officially saying Ethereum is not a security is a big deal. Which dev will want to develop on a securities platform ?

But security or not security is what court has to rule out. Until Dec 2020 there was no indication that SEC will start case, considering every time Ripple saying they were talking with everyone and how many ex-employees they have hired.

23 minutes ago, Ripley said:

And how much vilification was done against XRP and its consensus system by BTC and ETH maxis that it is a centralised system and not decentralised ?How much FUD ?

Unrelated. 

23 minutes ago, Ripley said:

DeFi on Ethereum only took off after the 2018 speech. Not before.

But foundation and errors were done years before.

24 minutes ago, Ripley said:

Ripple could not have officially “nudged” development the way Conensys did by paying developers, because it will just be twisted as a security.

Biggest mistake here is being tight to US and ignoring other countries with flexible laws. Patriotism.

27 minutes ago, Ripley said:

I’m pretty sure that Ripple finally started offering funding through XRPLF after figuring that they are screwed anyway. 

They had xPring, which was set right, but ended up completely wrong. I guess for same reason, they ignored that US is not a whole world if we speak about crypto.

28 minutes ago, Ripley said:

Not a security is a huge huge huge strategy credit for a novel blockchain.

There are 11000 cryptos that do not care.

29 minutes ago, Ripley said:

If XRP is deemed not a security, the past 3 years will just be a blip in the history of crypto and XRPL will do quite well. I’m patient and I have the receipts.

Lets not deny that Ripple as well interested in challenging the SEC with blood and get courts decision on that. Its much better than commissioner on TV with his speech.

[Guest]

48 minutes ago, xrp-nuke said:

There are 11000 cryptos that do not care.

Do they all have development ? They are all for gambling. The whole crypto market is.

48 minutes ago, xrp-nuke said:

I guess for same reason, they ignored that US is not a whole world if we speak about crypto.

We shall see how many survive the next two years once gambling is turned off by the US.

Then the world’s crypto speculators will know why ignoring the US is not an option. The world finance is driven by the US. The next closest competitor is China, which has its problems because they just realised that  with a snap of fingers the US turned off their prized jewel, Huawei, in 1 day.

One day, US wont matter. That day is not today. If the US doesn’t matter and the rest of the world is enough, let’s see a stablecoin that is not pegged by USD. Why get into all this trouble with the US ? Why should any non-US company care about issuing USD stablecoins ? Why should Tether and Bitfinex get into the game ? No. The US is end all be all in the world of finance today. It’s the biggest whale of them all. Let’s not kid ourselves.

48 minutes ago, xrp-nuke said:

But security or not security is what court has to rule out.

Do you think the people of the world are as knowledgeable as you ? They see “BTC and Ethereum are not securities” and think “I can safely invest”. You say that securities are decided by the court right ? Do you dare create a DeFi lending product in the US now that there are lawsuits against Celsius, Nexo and BlockFi ? What happened to Coinbase Lend ? It has to be decided by the courts right ? They did the whole activism dance on Twitter right ? What happened ?

Once something is deemed a security, it can only be traded between 9:30 and 4 pm. How do you build a business not knowing when it’s game over because you can no longer access the platform 24x7 ? I don’t get why people don’t understand this. There is no blockchain if the token is deemed a security. The only possible outcome is to be safe and go with a token that has been called not a security.

Do you know that Probity is now no longer launching for non-accredited investors in the US ? Operating in grey area is not an option in the US. If you say Ripple failed by only focusing on the US, understand that this is the market. Don’t blame Ripple. Blame the US.

48 minutes ago, xrp-nuke said:

Until Dec 2020 there was no indication that SEC will start case, considering every time Ripple saying they were talking with everyone and how many ex-employees they have hired.

Again, I don’t want to keep discussing Ripple. I’m tired of repeating how the SEC entrapped Ripple when they went to register for IPO. Now people are complaining that Ripple was lying about IPO. People claimed Ripple was lying about CBDCs. Bhutan is out and Brazil is out. Bhutan is a small country. Brazil is a small country too ? Like I said, I’m patient. 

The SEC investigated for two years and filed the case on the last day. But Ripple was under investigation and couldn’t say anything about it. No one can. Has Coinbase said anything about the investigation until they got the Wells Notice ? They thought it was an investigation too right ? Why not go ahead and release the product anyway ? The courts have to decide right ?

See: https://cointelegraph.com/news/powers-on-why-the-sec-is-not-your-friend-and-how-to-deal-with-that

Similar strategy with Coinbase Lend and Terra. And once you’re under investigation, you’re screwed.

Edited November 8, 2021 by Ripley