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Charting the course of XRP


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11 minutes ago, Seoulite said:

Btc needs to stop somewhere around here or it could legitimately be the end of the bull run. XRP support is all the way down to 1.35. Below that and we are looking at 1.10

End of bull run means end of btc bullrun or xrp-sleep-for-another-3-years kind end of bullrun?

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I was participating undercover :).  The trolls became too overwhelming while XRP was in the dumps, I figure its safe to come out again.

These threads are being derailed by childish banter, could you please keep things on topic and move your chit chat elsewhere. The forum is becoming less interesting for many of us.

Happy Monthly candle close everyone!  XRPBTC closed above 2555 which was my bullish level. This is a great sign. I think it is now reasonable to expect the next monthly candle to be either a 50% i

13 minutes ago, Seoulite said:

Btc needs to stop somewhere around here or it could legitimately be the end of the bull run. XRP support is all the way down to 1.35. Below that and we are looking at 1.10

End of the bull run? Um, isn't that just a bit dramatic for a basic Saturday night dump?

I mean, really, put on a movie or something, guy. 

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2 hours ago, novogas said:

Is this a giant cope? Why does he keep talking smack?

image.png.0763e6184d0714a10f0b6ca848ed1468.png

quick edit - long time lurker, but this really got to me

Novogratz knows that ETH has high gas fees. He knows that bitcoin is a "digital gold" and that besides its speculative nature doesn't offer much more. What's the difference between bitcoin and doge, besides the brand? BTC maxis can argue all they want, but what can you do with bitcoin that you can't do with doge? BTC maxis can't answer that question. 

XRP has utility. Fiat currencies backed by central banks are not going away. XRP is meant to provide bridging capabilites at fractions of a penny. Novogratz acts like he does not understand this. He does understand it very well. 

What novogratz is afraid of is that XRP will get cleared and then explode and unseat Bitcoin and Ethereum. Once it happens, because it will happen, why use bitcoin? Since fiat isn't going away, XRP gaining dominance will leave bitcoin behind. Who is going to use it? It's slow, expensive and not environmentally friendly. 

LOL. The Maxis are scared. The people investing in it have a bias, obviously. 

Bridging assets will inevitably take over this space as it matures, because utility matters. C'mon novogratz, you went to Princeton. I'm embarrassed for you. 

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7 minutes ago, HenrySeldom said:

End of the bull run? Um, isn't that just a bit dramatic for a basic Saturday night dump?

I mean, really, put on a movie or something, guy. 

It’s a view based on more than seeing a few red candles.

Edited by Seoulite
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8 minutes ago, HenrySeldom said:

End of the bull run? Um, isn't that just a bit dramatic for a basic Saturday night dump?

I mean, really, put on a movie or something, guy. 

Also you do realize some people live in places other than America, don’t you? We have electricity here and everything.

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2 minutes ago, Cambridge said:

Novogratz knows that ETH has high gas fees. He knows that bitcoin is a "digital gold" and that besides its speculative nature doesn't offer much more. What's the difference between bitcoin and doge, besides the brand? BTC maxis can argue all they want, but what can you do with bitcoin that you can't do with doge? BTC maxis can't answer that question. 

XRP has utility. Fiat currencies backed by central banks are not going away. XRP is meant to provide bridging capabilites at fractions of a penny. Novogratz acts like he does not understand this. He does understand it very well. 

What novogratz is afraid of is that XRP will get cleared and then explode and unseat Bitcoin and Ethereum. Once it happens, because it will happen, why use bitcoin? Since fiat isn't going away, XRP gaining dominance will leave bitcoin behind. Who is going to use it? It's slow, expensive and not environmentally friendly. 

LOL. The Maxis are scared. The people investing in it have a bias, obviously. 

Bridging assets will inevitably take over this space as it matures, because utility matters. C'mon novogratz, you went to Princeton. I'm embarrassed for you. 

You're going from one extreme to another

Never forget the first mover advantage and what coin is storing the most capital and what moves the market.

Think about gold silver platinum and other rare metals.

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10 minutes ago, HenrySeldom said:

End of the bull run? Um, isn't that just a bit dramatic for a basic Saturday night dump?

I mean, really, put on a movie or something, guy. 

End of BTC bull run doesn’t mean end of bull run for all of crypto. The market is different when compared to 2016/2017. That said, there may be a temporary pull back by panicked investors.

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2 minutes ago, Seoulite said:

Also you do realize some people live in places other than America, don’t you? We have electricity here and everything.

You lives south of the 38 line. At a lot of spots in the north, there isn't much electricity available, at least at night.

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3 hours ago, mrhat75 said:

Unfortunately, humans haven't evolved since the middle ages. Global warming, mask wearing, and "the science" (while ignoring real science) is their new God

Actually, science has shown that we are rapidly evolving as of pretty recently. You just haven’t been looking into it. There are many new mutations occurring and also many old ones that are reappearing. It’s fascinating stuff.  

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Just now, MQB said:

You're going from one extreme to another

Never forget the first mover advantage and what coin is storing the most capital and what moves the market.

Think about gold silver platinum and other rare metals.

First mover advantage only works if there is continued innovation and reinvestment of profits into the product. 

Gold ? Gold hit its high in 1980 at $850 per oz (inflation corrected) and all commodities  performed worse than any other asset class except for bonds. This is easy to verify. Don’t always trust narratives on social media.

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3 minutes ago, MQB said:

You lives south of the 38 line. At a lot of spots in the north, there isn't much electricity available, at least at night.

I’d argue that satellite photo is a bit out of date. Anyway they still manage to hack a decent amount of crypto every year despite not having good electricity!

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5 minutes ago, Ripley said:

First mover advantage only works if there is continued innovation and reinvestment of profits into the product. 

Gold ? Gold hit its high in 1980 at $850 per oz (inflation corrected) and all commodities  performed worse than any other asset class except for bonds. This is easy to verify. Don’t always trust narratives on social media.

So you are saying XRP is gonna take over BTC anytime soon?

OK, heard this 4 years ago. Good dream. Good luck.

By the way, XRP isn't really doing shit, if XRP takes over BTC, it'll become an unbearable monopoly. No government, no crypto market will let it happen.

Edited by MQB
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Just now, MQB said:

So you are saying XRP is gonna take over BTC anytime soon?

OK, heard this 4 years ago. Good dream. Good luck.

Where did I mention XRP ? I said don’t believe the narratives you’re told. Whatever they are. I don’t care if it is pro BTC, ETH, XRP or any other coin. Influencers have been manipulating markets and retailers for centuries now. Check out Tulip mania if the 1600s and Beanie Babies of the 90s for example. The real estate hysteria of the 2000s. You’re either too young to know or haven’t had a chance to suffer through these.

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1 minute ago, Ripley said:

Where did I mention XRP ? I said don’t believe the narratives you’re told. Whatever they are. I don’t care if it is pro BTC, ETH, XRP or any other coin. Influencers have been manipulating markets and retailers for centuries now. Check out Tulip mania if the 1600s and Beanie Babies of the 90s for example. The real estate hysteria of the 2000s. You’re either too young to know or haven’t had a chance to suffer through these.

LOL, Thanks for your advice. I don't believe your narrative, either

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