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Ripple Employee Thinks it’s Impossible for XRP to Reach $100 in 2020


solodeji

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11 minutes ago, solodeji said:

https://newslogical.com/this-ripple-employee-thinks-its-practically-impossible-for-xrp-to-reach-100-in-2020/

A Ripple Labs Inc. employee, by the name Josh Lin, has said it is practically impossible for the price of XRP to reach...

Ahh that Josh, always been a cheeky fellow.

I remember the day when he applied he thought he wouldn't get the job. On his first day he thought he would never get a chair and a desk, let alone a computer. Then he thought coffee would never be free in the office. Afterwards he doubted that Brad would ever shave his beard and now he thinks it won't go beyond $100 in 2020... He's the half glass empty kind a guy that every office needs.

(I also doubt it will go 100 in 2020 (it will go, just not that high). But 2024 however!)

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So if that article is correct his reason for saying that was ‘Market Cap’.  Anyone who thinks market cap is a limiter doesn’t understand how the market works.  It also says he is a talent hunter or some such.  
 

So we have a HR guy who subscribes to a common fallacy about market cap making a prediction on price...   I wish I hadn’t bothered.

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We seriously taking the credibility serious on this being a Ripple employee??  I'm not sure where it will be but I bet your ascot ripple has a rule in regards to employee's discussing price.

Edited by Guest
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19 hours ago, RikkiTikki said:

We seriously taking the credibility serious on this being a Ripple employee??  I'm not sure where it will be but I bet your ascot ripple has a rule in regards to employee's discussing price.

He's not anonymous you know, you can just check his name to see of Josh Lin does actually work at Ripple or not.

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45 minutes ago, Archbob said:

He's not anonymous you know, you can just check his name to see of Josh Lin does actually work at Ripple or not.

Appears to be a Talent Sourcer for Ripple but It's kind of odd for a statement of this type to come out of his mouth representing himself as a Ripple employee.  I can't say he will be wrong, I can't say he will be right, who knows.  Just find it odd for so long we have virtually heard nothing from ripple employees when it speaks to timeline's and price and rightfully so but then we get a guy who from what I can tell on his linked in profile is a hiring manager or maybe not even a manager but a talent scout for Ripple speaking on price movement.  Does he actually know anything or is this just his personal belief?  If it's just a personal belief he should not be representing himself as a ripple employee, that within itself implies he has some inside view on things and can sway speculation.  I mean it would have been better off if he did remain anonymous.. Even Bob Way a former employee didn't say where the price could or could not go in a certain time frame and I am sure he was a lot closer to the moving pieces than this guy. No telling what kind of NDA has been violated here.

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I assume Brad does not whisper the deals he is trying to make with banks and central banks in his ears, so I don't see much value in his opinion about the potential of this asset.

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2 hours ago, RikkiTikki said:

Appears to be a Talent Sourcer for Ripple but It's kind of odd for a statement of this type to come out of his mouth representing himself as a Ripple employee.  I can't say he will be wrong, I can't say he will be right, who knows.  Just find it odd for so long we have virtually heard nothing from ripple employees when it speaks to timeline's and price and rightfully so but then we get a guy who from what I can tell on his linked in profile is a hiring manager or maybe not even a manager but a talent scout for Ripple speaking on price movement.  Does he actually know anything or is this just his personal belief?  If it's just a personal belief he should not be representing himself as a ripple employee, that within itself implies he has some inside view on things and can sway speculation.  I mean it would have been better off if he did remain anonymous.. Even Bob Way a former employee didn't say where the price could or could not go in a certain time frame and I am sure he was a lot closer to the moving pieces than this guy. No telling what kind of NDA has been violated here.

He's not suggesting a specific price. He's just stating the obvious. Google's employees wouldn't be penalized if they said Google stock isn't suddenly going to go up 100000% in the next year either. There's no NDA he's breaking. Anyone with any market or economic knowledge would come to the same conclusion.

Edited by Archbob
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