Charting the course of XRP

[QuestionMark]

So how exactly is ODL(a.k.a. adoption) going push the price of XRP up?

[xrp-nuke]

7 hours ago, QuestionMark said:

So how exactly is ODL(a.k.a. adoption) going push the price of XRP up?

After years and numbers of transfarmations from xRapid to ODL and no concrere on-chain data, you can state in realitt it will not.

If I not mistake from 2020 to 2023 there was a substational grow in ODL, it did not reflect price.

In 99% price is still driven by speculators, and ODL and all relation to XRP are speculations.

[RandyMarsh]

19 hours ago, QuestionMark said:

So how exactly is ODL(a.k.a. adoption) going push the price of XRP up?

It's been discussed about 79 times in the past here - but I actually don't care either way. Utility driven price is why I invested aaall those years ago (then again every time 'house hold name banks' was mentioned, then again every time 'blink of an eye' was mentioned, then again.. and again, and again..    and AGAIN).   Yup, lot of bank statement-explaining I've done to my poor wife over the years.  

Around 2021 I gave up on the 'utility driven price' thing.  Essentially, it's either not going to happen at all, or it will take far longer than I care to wait. Either way, it's something I don't care about now. 

So why am I still here at all?  Great question. 2 reasons:

1) Cognitive dissonance. I've put forth a disgusting amount of time, money and energy into XRP. disgusting. To walk away from it without at least a small prize? Difficult to reconcile. 

2) FOMO - I maintain hope that there will be some nice announcements in the near future, leading to some big increases during the next run (not due to utility driving up the price, just plain fomo).  Every time I look at my bags, I wonder why in HELL I don't I just switch the remaining xrp to ADA/SOL/AVAX. These two reason are all I can come up with.         

Edited November 18 by RandyMarsh

[Zerosh]

4 hours ago, RandyMarsh said:

It's been discussed about 79 times in the past here - but I actually don't care either way. Utility driven price is why I invested aaall those years ago (then again every time 'house hold name banks' was mentioned, then again every time 'blink of an eye' was mentioned, then again.. and again, and again..    and AGAIN).   Yup, lot of bank statement-explaining I've done to my poor wife over the years.  

Around 2021 I gave up on the 'utility driven price' thing.  Essentially, it's either not going to happen at all, or it will take far longer than I care to wait. Either way, it's something I don't care about now. 

So why am I still here at all?  Great question. 2 reasons:

1) Cognitive dissonance. I've put forth a disgusting amount of time, money and energy into XRP. disgusting. To walk away from it without at least a small prize? Difficult to reconcile. 

2) FOMO - I maintain hope that there will be some nice announcements in the near future, leading to some big increases during the next run (not due to utility driving up the price, just plain fomo).  Every time I look at my bags, I wonder why in HELL I don't I just switch the remaining xrp to ADA/SOL/AVAX. These two reason are all I can come up with.         

Yup bro, been 6 years for me too, I am in profit but the amount does not justify selling it, now I'm just waiting BTC to peak, bringing the rest up with it, then it is a good time to let go, profit may or may not be huge, cannot time the top, but I think the profit is at least reasonable by that time, and end this endless waiting for moon. Keep a small bag just in case it is the next BTC, even holding just 1 XRP if it became the next BTC will be super rare and super rich if it comes to that.

I do not follow the news and blogs closely as I used to before, my attitude now is, if it happens, it happens. The run is coming, just need to wait a little more then we can finally enjoy the reward, it will not be what the majority expects and many will be left holding the bag AGAIN, but this time it will not be me again, I've been there during 2017 and 2021 run without taking profits despite having a clear target for myself, the target didnt hit, I was under the impression that bull run = new ATH, i was so wrong using this assumption in 2021 run.

This time, ATH or not, if I think BTC peaked, I am running away with profits.

[mrhat75]

I've held for 6 years and am getting the hell out of we pop solidly over $1 again. Luckily I've worked on my career and investing throughout this so moonshot gains aren't needed.

I couldn't stomach hitting a decent exit and not pulling the trigger again. Hindsight is 20/20 so I don't feel bad about not selling in 2018 and 2021 as I was in a different financial situation then.

I think we would've hit $5+ in 2021 if the SEC didn't screw us, but they did.

Not sure if Ripples value proposition isn't going so well or if institutions are resistant to change or what it is. Crypto doesn't care about use case or utility or performance and I've lost money thinking that it would. Markets can stay irrational longer than you can stay solvent they say.

[HAL1000]

9 hours ago, mrhat75 said:

I've held for 6 years and am getting the hell out of we pop solidly over $1 again. Luckily I've worked on my career and investing throughout this so moonshot gains aren't needed.

I couldn't stomach hitting a decent exit and not pulling the trigger again. Hindsight is 20/20 so I don't feel bad about not selling in 2018 and 2021 as I was in a different financial situation then.

I think we would've hit $5+ in 2021 if the SEC didn't screw us, but they did.

Not sure if Ripples value proposition isn't going so well or if institutions are resistant to change or what it is. Crypto doesn't care about use case or utility or performance and I've lost money thinking that it would. Markets can stay irrational longer than you can stay solvent they say.

The Key to XRP's demand/price will be tied to AMM's, the vote on there introduction was at roughly 40% last I checked, IF 80% is reached, then boom, IMHO. Also the SEC can not hold off a spot BTC ETF forever, with most analysts saying it's got to happen between now and March 2024, if so, then expect a big spike for all cryptos.

[HAL1000]

Everyone has opinions about price action, who do you choose to believe!

[QuestionMark]

So, nobody believes in utility driven price action, hmmm. We've come a long way over the last 6 years, haven't we?

[f1f47a23]

18 hours ago, mrhat75 said:

I've held for 6 years and am getting the hell out of we pop solidly over $1 again.....

   here we are again  

[mrhat75]

1 hour ago, f1f47a23 said:

   here we are again  

If the guy is 8 years from retiring and .30 BTC cuts that to 2-3 years. Is it really a bad move?

Edited November 19 by mrhat75

[f1f47a23]

3 hours ago, mrhat75 said:

If the guy is 8 years from retiring and .30 BTC cuts that to 2-3 years. Is it really a bad move?

just kidding,

I have absolutely no idea how things will go. Each one makes his legitimate choices.

Nobody knows even experts.

[xrp-nuke]

On 11/19/2023 at 5:24 AM, QuestionMark said:

So, nobody believes in utility driven price action, hmmm. We've come a long way over the last 6 years, haven't we?

Utility word used as an buzzword. Utility word in context with Ripple and XRP has almost to nothing real measurable data.

Edited November 23 by xrp-nuke

[xrp-nuke]

Does anyone know where zerpbox disappeared?

[madmellow]

On 11/24/2023 at 3:43 AM, xrp-nuke said:

Does anyone know where zerpbox disappeared?

Never heard of that coin.

[PlanK]

On 11/24/2023 at 9:43 AM, xrp-nuke said:

Does anyone know where zerpbox disappeared?

 

Too many salty tears rusted the cogs.