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Medium.com | XRP Literally Designed to Reach $10,000 a Coin…

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Just now, Scout said:

It contains zero value to perform its fast transactions by design.

That statement is totally incorrect.  
 

1 minute ago, Scout said:

For some reason I can't see the value of XRP being worth... really anything.

Maybe because you seem to believe some incorrect things?

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Maybe it's because there is not enough utility to demand a higher price while not having enough liquidity in the market to sustain large companies like WU or Swift. MoneyGram hasn't done anything to volume or price and I can't see that really changing but I do see that as foreshadowing for what lies ahead. I'm getting a bit frustrated with these 3 cent bullruns only to pull back 15 or 20 cents. I realize this isn't a short game, but all i've ever seen come out of XRP is losses. TRX even pumps better than XRP and that's just off speculation not use case. I'm getting the feeling that XRP isn't in the cards for Ripple which is why they are sending out incentives to anyone willing to use it in a project.

If I could ask Brad Garlinghouse one question it would be: With a staff of over 475 employees how much work do they really accomplish in a day aside from attending seminars and conferences.

Edited by Scout

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11 minutes ago, Scout said:

Maybe it's because there is not enough utility to demand a higher price while not having enough liquidity in the market to sustain large companies like WU or Swift. MoneyGram hasn't done anything to volume or price and I can't see that really changing but I do see that as foreshadowing for what lies ahead. I'm getting a bit frustrated with these 3 cent bullruns only to pull back 15 or 20 cents. I realize this isn't a short game, but all i've ever seen come out of XRP is losses. TRX even pumps better than XRP and that's just off speculation not use case. I'm getting the feeling that XRP isn't in the cards for Ripple which is why they are sending out incentives to anyone willing to use it in a project.

Should have bought in December then, or should have traded all the possible ups and downs there were..

i mean yeah let’s blame the commodity rather than the trader...

 

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First off, in the last two years anyone trading that has turned a profit I call B.S.  There is no profit taking off trades when everything is falling. I buy on the lows and hold. Then I buy more then hold. I've been doing that for nearly two years only to see my money slowly amount to nothing. This crypto has turned into a huge sink hole. Buying at 25 cents to sell at 30 cents is not exactly worth my while. I could turn a better profit from recycling pop cans. By the end of 2020 if things haven't improved i'm calling it quits. The fake news and the speculation are finally getting to me. Maybe if I had a million dollars to start with I could appreciate these 3 cent gains.

I've invested 30k and now its worth 8k and that's depressing. I bet by the end of this week we will be back to 25 cents. I've got one final trade into XRP and that is when it hits 14 cents i'll throw another 3.5K which will put me close to the top 1% of XRP holders but that will be my last stand.

Edited by Scout

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37 minutes ago, Scout said:

I'm getting the feeling that XRP isn't in the cards for Ripple which is why they are sending out incentives to anyone willing to use it in a project.

The situation is the EXACT opposite of that.  I think you are maybe letting frustrations cloud your judgement.

 

39 minutes ago, Scout said:

MoneyGram hasn't done anything to volume or price and I can't see that really changing but I do see that as foreshadowing for what lies ahead.

Haven’t you seen the week on week uptrend in the volume?  When I first started looking at the 24 hour comparative volumes XRP was always in about fifth or sixth place.  Occasionally on a small run it might hit fourth.  Nowadays it’s always either third or fourth and right now is sitting comfortably third.

I’m not trying to convince you to hold or buy or sell...  but I am saying that you’ve made a few statements in the last few posts that were completely and totally incorrect in the exact opposite direction of reality.  It may be that you would be best served by looking away for a while...  or sell and stop the stress that appears to be affecting your judgement.

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8 hours ago, LiquidGoat said:

Should have bought in December then

i mean yeah let’s blame the commodity rather than the trader...

.

I never knew about XRP in December 2017

Edited by Scout

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13 minutes ago, Scout said:

I never knew about XRP in December 2017.

Only the first half of that month would’ve been a good time to buy...   :) 

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What it was designed for is totally irrelevant. 

Theoretical numbers on a piece of paper based on the most positive unimaginable outcomes.

Reality tells a different story. 

 

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Eventually the true value and utility of XRP will become evident to all. XRP definitely has it’s place in the business model of RL, and has already exceeded all of their expectations. 

Unfortunately though, the expectations and perceived utility of XRP, outside of RL, is very different (thanks to a major dis-information campaign XRP Trump/ Tiff Hayden) but no worries because the outsiders’ opinions are also irrelevant to RL. As long as enough of us believe in the fairy tale, and continue to buy the dips, RL will be fine. We will have a front row seat, watching them sail off into the sunset. (Or is it rocket off to the moonrise?) 🚀

 

Edited by Valhalla_Guy

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