Charting the course of XRP

[Plikk]

2 minutes ago, anteksiler said:

The reality is BTC is at its ATH, and XRP is not.

I 'll be slowly cashing out if it ever reaches $1, imagine how many people are feeling that way.

For every investor that leaves, 3 new ones will enter. This happens every time in this bull part of the cycle. 

[SadtoshiNaggingmoto]

1 hour ago, JJJ2 said:

it is true, but:

xrp goes from 0,103$ to 0,77786 is a 7x increase. So "underperforming" or "performing very well" is a matter of where you have bought.

The Treynor Measure or Sharpe Ratio woul be a good meausrement? Then again the question would be against what you're measuring. 10 J Treasury bonds? S&P500? BTC? Crypto market as a whole? 

"[...] The average weekly Sharpe ratios over the full period (2018-01-01 – 2019-07-28) shows a range of -0.28291 to -0.30390, suggesting that investors take on a higher risk for the returns compared to the other three cryptocurrencies. The data shows a positive skewness range from 0.4326 to 0.4762 and the kurtosis range -0.0557 to 0.3489 suggests that the Sharpe ratios are normally distributed. [...]"

Bachelor Thesis, 15 credits, for Bachelor of Science in Business Administration: Banking and Finance Spring 2019 Efficiency of cryptocurrency exchanges Risk exposure analysis of identical assets,S. 28ff

https://www.diva-portal.org/smash/get/diva2:1360692/FULLTEXT01.pdf

 

[JJJ2]

22 minutes ago, xrp-nuke said:

BTC has use case too and you can not argue with Brad about that 🤪

If you are so confident about use case and dominance, than it does not matter where you buy 0.1 or 2, right?

it depends how fast you think the use case will become true.

I have a time span around 10 even 12 years.

But in any case I do not like watching my account and realizing that I'm 40% down even if I hope that price will eventually recover. But let's say xrp crashes to 0,001. Well then I can buy such an amount that if it goes back to 0,35$ I will have earned more than with the sum I invested when it was 0,3 the first time I bought it.

In the event that it just crashes to 0,000... than I am simply unlucky and that's all. I would still survive.

But when price becomes too low it's very easy to buy and therefore investors would push it again. This is what happened in 2018-2019. Price was stable in the 0,2-0,35$ region and this was a good proof of stability.

Of course if ripples goes bankrupt then, I mean still an asteroid can hit the earth, etc. etc. there's no limit to bad luck. 

Edited December 17, 2020 by JJJ2

[SadtoshiNaggingmoto]

1 hour ago, Plikk said:

Learn this market mechanics and you’ll know why. History repeats itself(again)

Frankly, this sounds like a conspiracy theory. 

"Byford (2011, p. 4), for instance, holds CTs to belong to a “tradition of explanation” which is characterised by “a particular rhetorical style”, and, what is more, a style which persists over time, as contemporary CTs both borrow and draw on the rhetoric and arguments of previous CTs (ibid., p. 5). [...]the rhetoric of scientific inquiry and the rhetoric of just asking questions (2011, p. 88-93). The rhetoric of scientific inquiry is meant to convey an impression of irrefutability and displays the following features:

 concern with demonstration and presentation of proof in reaction to an official story (henceforth OS)

 representation of CT proponents as investigators and researchers

 reliance on a multitude of arguments

 emulation of formal features of academic discourse: reliance on jargon, pseudodemonstrations and proofs, references to other work (usually of other CT proponents), etc."

 

Edited December 17, 2020 by SadtoshiNaggingmoto
https://scholar.uwindsor.ca/cgi/viewcontent.cgi?referer=https://www.google.com/&httpsredir=1&article=2270&context=ossaarchive

[AlejoMoreno]

2 hours ago, Hopium said:

After i distributed the hopium "rocket fuel flavoured" yesterday, not long after btc broke all time high, dragging xrp with it, my portfolio instantly increase 20 percent on 1 day. 

Today, was having a meeting with bosses and along the way they mentioned about next year is the year of the Ox (bull) according to Chinese calendar, how can it be so coincidental? 

This time our bull run will be further supported by the year of the Ox, it will make 2017 looks flat lined, strap in bois

You know, every time you post something, I have to read it three or four times before I even understand what you’re saying.

I need an injection of hopium before I can understand most of what you’re saying. 😂😂

[Julian_Williams]

55 minutes ago, xrp-nuke said:

At 0.006

I guess that has to come under the performing well category

but not a well as my Sparks which I got at .000 and will be worth more than XRP in the blink of a Japanese eye.

[smoothy]

30 minutes ago, JJJ2 said:

If price had not crashed during 2019 and 2020 I would have not bought xrp.

I did not buy BTC because for my feelings (which may well be wrong) entering when price was between 3000 and 13000 was a folly, knowing that it could crash to 0,0x$ again. Eventually BTC has no use, so why should price remain so high when you can't do anything with it? 

At least xrp promises a use case. For sure it is still only a promise, but money has been transferred already by many customers. So the use case is proved.

Indeed

I read things like "xrp should be at 1 or 2 usd by now". Should it? Is there a law that tells xrp what to do? Or was there a memo I missed?

And hey, it could be at 2 dollars in a week. Will it? I don't know? Should it? No (see above).

We are still victims of the whales. The big boys decide what happens. If they decide that xrp should go up, it will at this stage. And if it does and it reaches the targets I have set, I will cash out.

But if it does not, if the big boys tell xrp to sit and not grow, well, so be it. The price you see today, the price of all crypto's, is just speculation. It does not reflect the real value. Value comes from usage, and there a see a big market for xrp. I see use cases no other crypto has. And now with Flare, all is possible. Does this mean price will go up beyond previous ATH? I don't know, nobody does. But if you were to move billions over the xrpl, price has to be higher than today. Yes, there are 100 billion coins, but half of them is locked up. The only xrp that can be used are those in the order books.

And that is why I hold on to xrp. Right now, if the whales decide so, a bullrun could start that takes xrp well over 10usd. But if no such bull run happens, we still have a plan B, and that is to wait until usage drives the price higher. Will this happen? I surely hope so, but I am not sure.

[Julian_Williams]

41 minutes ago, JJJ2 said:

out of topic, but I must post it!

conspiracy theory is that stating that covid does not exist/is not dangerous.

Fact check:

95% of positive are asymptomatic

average age of victims: 80y (IT), 85y (DE)

all victims are not only old (close to life expectancy), but also carry pre-existent diseases...

disappearance of Flu in 2020.

So what is the conspiracy? the covid or its non existence?

Ask the doctors and nurses in the wards that look after the patients whether covid is no worse than flu?

Edited December 17, 2020 by Julian_Williams

[AlejoMoreno]

1 minute ago, JJJ2 said:

out of topic, but I must post it!

conspiracy theory is that stating that covid does not exist/is not dangerous.

Fact check:

95% of positive are asymptomatic

average age of victims: 80y (IT), 85y (DE)

all victims are not only old (close to life expectancy), but also carry pre-existent diseases...

disappearance of Flu in 2020.

So what is the conspiracy? the covid or its non existence?

Conspiracy theories exist when people don’t have or don’t care to get enough proper information to prove something definitively right or wrong.

Like with XRP, when XRP doesn’t perform, and people don’t know why, then dozens of conspiracy theories pop up about why XRP is a dead coin. Then when XRP surges, people create theories to justify the surge.

With COVID, at this point, does it even matter anymore whether it is legitimate or not? Arguing the point true or false is just wasted energy. The effect that the pandemic has had on the world is not a conspiracy theory and we would be smarter to spend our energy putting the world back together and moving on as soon as possible.

[Plikk]

18 minutes ago, SadtoshiNaggingmoto said:

Frankly, this sounds like a conspiracy theory. 

"Byford (2011, p. 4), for instance, holds CTs to belong to a “tradition of explanation” which is characterised by “a particular rhetorical style”, and, what is more, a style which persists over time, as contemporary CTs both borrow and draw on the rhetoric and arguments of previous CTs (ibid., p. 5). [...]the rhetoric of scientific inquiry and the rhetoric of just asking questions (2011, p. 88-93). The rhetoric of scientific inquiry is meant to convey an impression of irrefutability and displays the following features:

 concern with demonstration and presentation of proof in reaction to an official story (henceforth OS)

 representation of CT proponents as investigators and researchers

 reliance on a multitude of arguments

 emulation of formal features of academic discourse: reliance on jargon, pseudodemonstrations and proofs, references to other work (usually of other CT proponents), etc."

 

It seems like you have misunderstood my points entirely. I merely look at what drives this market, and since this is an XRP forum I talk mostly about XRP. That has nothing to do with a conspiracy or being an XRP fanboy or whatever. I am very bullish on other crypto’s for that matter. 
 

If you don’t educate yourself in this market and have a broad view of what is going on, as depicted in my earlier list, putting money in crypto is nothing more than gambling or relying on luck. That’s fine, but not my way. 

[JJJ2]

1 minute ago, Julian_Williams said:

Ask the doctors and nurses in the wards that look after the patients whether covid is no worse tahn flu?

I ask the numbers. The numbers tell me that this year there is no excess of deaths in Germany and even in Italy.

And I ask witnesses and witnesses tell me that cancer patients at the final stage, expected to die in few weeks, died of covid.

They tell me that injured passengers of crashed cars died of covid.

I have stopped believing in covid as a dangerous illness that can justify such a lockdown.

I have recently read the opinion of a German doctor stating that giving oxygene to old patients is now recognised to be the cause of many deaths.In italy there are also such voices.

But the mainstream propaganda states the contrary.

I forgot another victim of covid. A very young one: Michel Grauso, 30 years died "of covid" last may. He had been in the hospital since 2018 when he was accidentally hit by a shot from the pistol of a colleague. He was in vegetative state since then.

https://www.ilrestodelcarlino.it/bologna/cronaca/muore-di-covid-a-30-anni-è-la-vittima-più-giovane-1.5146701

 

I also have friends working in hospitals and they are not going to take the vaccine.

 

[Panopticon]

11 minutes ago, JJJ2 said:

95% of positive are asymptomatic

False

11 minutes ago, JJJ2 said:

average age of victims: 80y (IT), 85y (DE)

Pretty much true, it is mostly 70+ plus people that DIE. But for every dead person you get another 20 persons that need hospitalization and another 20 people that will have to deal with permanent damage eg. in the lungs due to pneumonia fir the rest of their lives.  That is a heavy burden for every healthcare system.

11 minutes ago, JJJ2 said:

all victims are not only old (close to life expectancy), but also carry pre-existent diseases...

False. There are younger people dying. Pre-existent disease is considered merely being overweight or having some high blood pressure. A person 50 years old can easily deal with such problems and live another 30 years.

15 minutes ago, JJJ2 said:

disappearance of Flu in 2020.

Of course flu which is 10 times less contagious than covid will disappear with social distancing, lockdowns and masks. Makes perfect sense.

 

Now that your crap is answered back to XRP please.

[Beatrice]

13 minutes ago, JJJ2 said:

I ask the numbers. The numbers tell me that this year there is no excess of deaths in Germany and even in Italy.

And I ask witnesses and witnesses tell me that cancer patients at the final stage, expected to die in few weeks, died of covid.

They tell me that injured passengers of crashed cars died of covid.

I have stopped believing in covid as a dangerous illness that can justify such a lockdown.

I have recently read the opinion of a German doctor stating that giving oxygene to old patients is now recognised to be the cause of many deaths.In italy there are also such voices.

But the mainstream propaganda states the contrary.

I forgot another victim of covid. A very young one: Michel Grauso, 30 years died "of covid" last may. He had been in the hospital since 2018 when he was accidentally hit by a shot from the pistol of a colleague. He was in vegetative state since then.

https://www.ilrestodelcarlino.it/bologna/cronaca/muore-di-covid-a-30-anni-è-la-vittima-più-giovane-1.5146701

 

I also have friends working in hospitals and they are not going to take the vaccine.

 

Is there a way to mark someone as a Covidiot?

[Hopium]

31 minutes ago, AlejoMoreno said:

You know, every time you post something, I have to read it three or four times before I even understand what you’re saying.

I need an injection of hopium before I can understand most of what you’re saying. 😂😂

come on man i only use simple english, i was only talking about that next year is the Year of the Ox (the bull) in the Chinese Calendar, which could give the whole market a 50% boost in Luck parameter and take the prices to Pluto or Venus

[Hopium]

@retep stop whining, it's normal xrp lags behind, even better this way so you can still load up more bags, smart people look for assets that still havent pump yet and buy it

i share the same feeling as you, xrp should be at least $1 now, but only whales can give the green light for pump, it will have its turn, it is in top 5 marketcap after all, the top coins always get the love during the bull run, but not so sure about the no-name coins

i have a few other bags of crypto, they were within top 100 at 2017 (with use cases i believe in), but after the bear market those coins dropped in rank to the 100 to 200 rank, until now no signs of bouncing back and still 90% in the red, while xrp and btc already returned to life and give my overall portfolio a green color

after all these years o bear market you should have titanium mind and hands already, nothing shall hurt, it's only as simple as waiting for X price target to reach then simply press sell and cash out, if it doesnt happen yet, just live your another day of normal life, check prices for fun time to time with no hard feelings, until goal reached, simple enough to do right?