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The XRP Investor Thread

 
Anonymous Coward
User ID: 78891707
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07/19/2021 04:50 AM
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Re: The XRP Investor Thread
XRP is a shill token generated and circulated by Ripple Labs Inc.

They alone control the ledger, maintain the 100 billion tokens, and “promise” to release an additional 1 billion tokens each month. And it costs them nothing to generate; just typing a number.

It is completely centralized and not a true crypto-coin by any proper definition.

Disclaimer: Of course I own some. I also own Federal Reserve Notes. But that doesn’t make either any good.
 Quoting: REaliZe


Heres a great example of illiteracy.
“Ripple alone controls the ledger”
“Costs them nothing to generate”

Do yiu akways shit upside down into your own mouth?
Anonymous Coward
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07/19/2021 04:51 AM
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Re: The XRP Investor Thread
Ive been on this XRP ride since January and I really am still skeptical. Its quite possible Ripple will win the case and XRP could go up in price but we are in a bear market so it will be constrained by that.

XRP is 27 Billion USD market cap, for it to go to 5$ that would put it over 100 billion which would be one huge stretch of the imagination. All this talk of flipping the switch is just coin shilling, its not going to 35k...heck it can't even stay above 1$.

That said I have some hopium to get a small rally once the SEC case is over. What worries me though is that there are several crypto's out there that could also be the World Bridge Currency but are being quietly suppressed while XRP takes all the heat.....XLM?
 Quoting: Anonymous Coward 79953611


Youre missing the Black Swan ;-)

Bitcoin maxis and XRP haters are lacking in technology literacy, especially in the comp science side.

*yawn*
 Quoting: Anonymous Coward 78891707


Edit: wasnt calling you a Bitcoin maxi or xrp hater
walker8989

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07/19/2021 05:34 AM
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Re: The XRP Investor Thread
Still learning about coins, tokens. I don't know how to do the numbers to understand what price potential XRP could have. It seems to be the best platform for instant day to day transactions. What solidifies it with me is the SEC fucking with them and the delay when they have no case. If the insider criminals are trying to stop it, then that's the one for me. I got 124 so far but I am working on other things like AMC and silver.
 Quoting: Agent-Smith


THIS^^^^
I have been buying xrp for three years now but have been all in on AMC for past six months. When AMC is over I will go all in on XRP, XLM, XDC and algo. Oh and of course some silver and gold.
Luminous Epinoia  (OP)

User ID: 80163380
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07/19/2021 09:40 AM
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Re: The XRP Investor Thread
peace

I hope it's legendary, permanent, and no BS.
 Quoting: Anonymous Coward 80580055


That is 100% the goal.

Last Edited by Luminous Epinoia on 07/19/2021 10:13 AM
Consciousness is a microcosm of oneness.
Anonymous Coward
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07/19/2021 09:42 AM
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Re: The XRP Investor Thread
How low will XRP go?
Luminous Epinoia  (OP)

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07/19/2021 09:43 AM
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Re: The XRP Investor Thread
Still learning about coins, tokens. I don't know how to do the numbers to understand what price potential XRP could have. It seems to be the best platform for instant day to day transactions. What solidifies it with me is the SEC fucking with them and the delay when they have no case. If the insider criminals are trying to stop it, then that's the one for me. I got 124 so far but I am working on other things like AMC and silver.
 Quoting: Agent-Smith


To me there are two sides working against each other. One you have the crooked whales who manipulate the market to pieces. They don't want regulation. Then you have the bankers on the other side working towards what I think is the inevitable move of everything running on the XRPL. 40% of the top 100 banks are already there. It's just a matter of time.

As far as price goes, I tend to agree with this. IF they win the case against the rigged SEC AND there is utility...


Consciousness is a microcosm of oneness.
Abe Froman

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07/19/2021 09:44 AM
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Re: The XRP Investor Thread
Glad to be here. I gotta say, the XRP threads are the only threads here that I take seriously and do not troll.
Crap
Luminous Epinoia  (OP)

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07/19/2021 09:45 AM
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Re: The XRP Investor Thread
XRP is shit.
 Quoting: Anonymous Coward 78832087


That's all everyone says but they can never back up the reasons why.
 Quoting: Luminous Epinoia


Because it got sued by the SEC or whatever and is practically worthless.

The most it was ever worth was like $3. Whoopie.
 Quoting: Anonymous Coward 78832087


I'm in for the long term utility. ODL and global interoperability.

It's completely inevitable. Don't care that it's short right now. More time to buy every month.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 09:53 AM
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Re: The XRP Investor Thread
XRP is a shill token generated and circulated by Ripple Labs Inc.

They alone control the ledger, maintain the 100 billion tokens, and “promise” to release an additional 1 billion tokens each month. And it costs them nothing to generate; just typing a number.

It is completely centralized and not a true crypto-coin by any proper definition.

Disclaimer: Of course I own some. I also own Federal Reserve Notes. But that doesn’t make either any good.
 Quoting: REaliZe


If Ripple went down this moment, XRP would still exist. They only own 8% of the validator nodes so they Cannot make sweeping decisions for the whole ledger. More than half is in escrow too.

Even if it's not a true crypto in the sense, it's inevitable to me that's where this is all heading towards. Yo me it's either get with the program or get lost behind. This IMO is the last chance if generational wealth in our lifetime of this nature.

As far as being centralized goes, there's this. I highly recommend everyone read the entire article because it's loaded with goodness.

[link to galgitron.net]

The XRP network architecture started centralized, just like Bitcoin started centralized. Because of the way that XRP decentralizes, it took a while longer than Bitcoin did to fully decentralize, but XRP is now completely decentralized, and not within Ripple's ability to coerce, censor, or modify. In fact, if Ripple went out of business today, XRP will continue unabated. This is a fact.

Then there's the malicious attempt to smear the confidence-shaking negative word 'centralized' to describe Ripple's XRP holdings instead of using the proper term, 'concentrated', intentionally commingling terms to sow confusion and unwarranted concern. All companies have assets. You wouldn't refer to Microsoft's assets as centralized, or Apple's, or Warren Buffet's.. Why should Ripple be held to a different standard simply because their assets are crypto? It's senseless and a sensationalist attempt to foment bad connotations onto an innocent fact.

It's a bit outdated (still says XRP is not quite decentralized, but it is now), but this blog smashes the centralized FUD to bits.
Consciousness is a microcosm of oneness.
Abe Froman

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07/19/2021 09:54 AM
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Re: The XRP Investor Thread
What is confusing to me is that I keep dropping on the rich list when it looks like the price is dropping.

Shouldn't the price be on an upward trend since my rich list status is dropping?
Crap
Luminous Epinoia  (OP)

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07/19/2021 09:55 AM
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Re: The XRP Investor Thread
bump
 Quoting: KnightsoftheRoundTable


Knights....how ya living friend! Sorry I missed ya in the OP but you're one of the good ones for sure. Good things coming in this thread (:
 Quoting: Luminous Epinoia


Already got red. Figures lol.
 Quoting: KnightsoftheRoundTable


Same haha. Glad I could care less.

That guy says rules are stupid. Well they obviously weren't around from the last thread. Sadly they were needed and I'm going to do my best to keep this clean.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

User ID: 80163380
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07/19/2021 09:55 AM
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Re: The XRP Investor Thread
XRP is a shill token created and circulated by Ripple Labs Inc.

They alone control the ledger, maintain over 100 billion tokens in circulation at any moment, and generate an additional 1 billion tokens each month. And it costs them nothing to generate more; they just type in the number.

It is completely centralized and not a true crypto-coin by any proper definition.

Disclaimer: Of course I own some. I also own Federal Reserve Notes. But that doesn’t make either any good.
 Quoting: REaliZe


XRP was created before Ripple So you are wrong on that.

They only control a small amount of the validating nodes. Something like 6% So your wrong on that too.

Maxi's always claim its centralized but its not because anyone can setup and become a trusted node.

Its not a PoW or PoS coin its based on a Consensus Ledger to solve the double spend problem.

You should sell your XRP if you hate it so much. Its going down.
 Quoting: Anonymous Coward 75953087


bump
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 09:56 AM
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Re: The XRP Investor Thread
Thoughts on XDC. XFIN op??? I’m all in.
 Quoting: Anonymous Coward 79062856


I can't blame ya and think you'll do just fine. XDC had legit utility. IMO the only coins that survive in the end are the ones with legit utility. I think you're in a good place.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 10:00 AM
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Re: The XRP Investor Thread
In 2017 I started looking into XRP. Long story short, the rabbit hole never ended. Then the bear pops up, giving hit to things along the way. It’s been a wild ride. I believe though, from what I’ve seen, that this token will have a major role in making money move like information does today.

Britto and David are from the Satoshi team, no doubt. The NSA is behind most of this. That’s the concerning part to me. I hope this tech isn’t use to make life worse for us.
 Quoting: Anonymous Coward 80477481


I get the fact that who is really behind this is a concern. I really do. To me if you look at what's happening globally there is no doubt of if, just a matter of when. Every country will have a CBDC and XRP will bridge them all.

To me, the rest is where the chips fall but this is happening.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 10:01 AM
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Re: The XRP Investor Thread
If xrp was so good, you wouldn’t need to sell it so hard.
 Quoting: Anonymous Coward 80628404


I'm not selling. I don't care what you buy.

I'm recreating a place where like minded individuals can speak freely. We used to have it and it got all fucked up.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 10:03 AM
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Re: The XRP Investor Thread
The SEC case looks to be on its final legs. The timing coinciding with Jed about to empty his wallet and Cyber Polygon are interesting!
 Quoting: My Foolish Daydream


The SEC is screwed. Apparently they're going to appoint a "master" during the Hinman deposition in regards to what can be objected and what can't. This is such a show it's laughable. The crooked whales have tried everything and will fail.

In addition to Jed, the deposition, and Cyber Polygon, you have Warren's demand to Gensler for crypto clarification by July 28.

Interesting times friend (:
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 10:05 AM
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Re: The XRP Investor Thread
I like this.

This thread should see us to the moon and beyond.

GO XRP!
 Quoting: Anonymous Coward 80620301


Let's goooooo!
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 10:05 AM
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Re: The XRP Investor Thread
yeahsure lunch code please hf
 Quoting: Anonymous Coward 14616612


Hard pass!
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 10:06 AM
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Re: The XRP Investor Thread
By you saying, “The Real” anything just tells me you’re a dick.
 Quoting: Anonymous Coward 76811276


Obviously you don't know what happened in the past. That was some shit I'm trying to clearly separate from.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 10:08 AM
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Re: The XRP Investor Thread
While I can appreciate you desire to share. The haters are just not worth it. This subject brings out the worst in people. It attracts con men and control freaks. Follow the big following youtubers and you can make your own decision.
The only real question is this. Is digital money part of the future. If your answer yes then buy some coins. If not then dont.
 Quoting: Edmond Dantès


Appreciate the words. There was a bunch of people that used to talk to each other and it all got thrown away. I was thinking about it and it was a bummer. I could care less about the haters.

I'm the end you're right. Is the world going digital? That's all you have to answer. One thing for sure is going digital to me and that's money.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 10:13 AM
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Re: The XRP Investor Thread
Ive been on this XRP ride since January and I really am still skeptical. Its quite possible Ripple will win the case and XRP could go up in price but we are in a bear market so it will be constrained by that.

XRP is 27 Billion USD market cap, for it to go to 5$ that would put it over 100 billion which would be one huge stretch of the imagination. All this talk of flipping the switch is just coin shilling, its not going to 35k...heck it can't even stay above 1$.

That said I have some hopium to get a small rally once the SEC case is over. What worries me though is that there are several crypto's out there that could also be the World Bridge Currency but are being quietly suppressed while XRP takes all the heat.....XLM?
 Quoting: Anonymous Coward 79953611


I don't know why people use market cap as a metric when its completely misleading and manipulated. It doesn't mean anything and hurts people's rationale when making decisions.

If XLM was the future then they would have many partners globally. Last I checked they have the Ukraine and that's it.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 10:15 AM
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Re: The XRP Investor Thread
How low will XRP go?
 Quoting: Anonymous Coward 78358640


Good question. Personally until regulation comes into this space, TA is a joke and should be thrown out the window. The whole market is manipulated.

With that said. If it hit .42 I wouldn't be shocked. But once the dam breaks the flood is going to be very interesting.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 10:17 AM
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Re: The XRP Investor Thread
Glad to be here. I gotta say, the XRP threads are the only threads here that I take seriously and do not troll.
 Quoting: Abe Froman


Good to see you my friend! It's going to be interesting to see how a lot of this plays out.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

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07/19/2021 10:19 AM
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Re: The XRP Investor Thread
What is confusing to me is that I keep dropping on the rich list when it looks like the price is dropping.

Shouldn't the price be on an upward trend since my rich list status is dropping?
 Quoting: Abe Froman


You would think so right? To me that just shows how suppressed XRP really is. What's happening is a massive round of FUD everywhere to get people out.
Consciousness is a microcosm of oneness.
Anonymous Coward
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07/19/2021 10:22 AM
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Re: The XRP Investor Thread
It's fascinating to see ripple labs marketing campaign payoff so well. Wish every company could create Billions out of thin air then pay everyone to list, try out, and hype their product. Brilliant
Anonymous Coward
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07/19/2021 10:24 AM
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Re: The XRP Investor Thread
OP, maybe you could do an updated on the SEC for those not paying attention?

Next up is them questioning this Heston guy? How long will this take?

I feel like they are very close to getting an official ruling.
Luminous Epinoia  (OP)

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07/19/2021 10:25 AM
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Re: The XRP Investor Thread
The truth about market cap:

https://imgur.com/a/LK2DDzK


Last Edited by Luminous Epinoia on 07/19/2021 10:33 AM
Consciousness is a microcosm of oneness.
Anonymous Coward
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07/19/2021 10:25 AM
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Re: The XRP Investor Thread
I made $200k in the last year on XRP. Moved most of it before the recent correction and have since moved everything back.

XRP is probably a big part of future global digital currency, if not the primary token.
Anonymous Coward
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07/19/2021 10:26 AM
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Re: The XRP Investor Thread
It's fascinating to see ripple labs marketing campaign payoff so well. Wish every company could create Billions out of thin air then pay everyone to list, try out, and hype their product. Brilliant
 Quoting: Anonymous Coward 47302461


Please tell me you’re typing that through an iPhone or Samsung.

epiclol
Luminous Epinoia  (OP)

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07/19/2021 10:26 AM
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Re: The XRP Investor Thread
It's fascinating to see ripple labs marketing campaign payoff so well. Wish every company could create Billions out of thin air then pay everyone to list, try out, and hype their product. Brilliant
 Quoting: Anonymous Coward 47302461


I'd like to see their marketing because I have only seen them sign on banks from all over the world. Better marketing than any TV and print campaign ever.
Consciousness is a microcosm of oneness.
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