The XRP Investor Thread | |
Anonymous Coward User ID: 79831996 United States 11/23/2021 07:52 AM Report Abusive Post Report Copyright Violation | |
T-Man
Entitled title User ID: 76630935 Netherlands 11/23/2021 08:23 AM Report Abusive Post Report Copyright Violation | |
Wuher
User ID: 77210524 United States 11/23/2021 09:03 AM Report Abusive Post Report Copyright Violation | For those of you planning on gaming the SOLO XRP drop (Luminous and I think Abe). Quoting: KingSideCastle I think you are going to get absolutely wrecked. You are not going to be faster than the whales who are going to dump their SOLO milliseconds after the snap shot. Do you guys still believe you are going to get 5:1 on your solo and 1:5 on your XRP? Better read the fine print, because thats NOT what is says. Anyway, best of luck to you. The bots will absolutely be programmed to the millisecond. Did you see the flare snapshot? It was just like that. The fine print explains the formula and it is not 5:1. The formula is based on the SOLO/XRP at the time of the snapshot. Create the exchange minutes before and exchange back minutes after. I'll be sharper than that. If I get wrecked in the matter of minutes then so be it. If I didn't see how Flare worked on 2020 I'd be less confident. I appreciate your comments and those of everyone. Thank you, hearing tough words is important considering investing needs to be emotionless. ETA: For anyone worried about getting rekt, you can simply connect a trustline to your cold storage, never move anything and receive whatever comes to you. No harm no foul. It's not like all these other airdrops bombed people out. Just saying. LE. if you plan on swapping xrp for solo the day of the snapshot, solo price could be in the 4-5 dollar range by then and I could see many people who’ve loaded up selling before the snapshot for huge gains then buying whatever solo they wanted post snapshot. I think we could see a big sell off immediately and then a slower drain off before the distribution. I originally calculated the fallout based on hard numbers and figured I could withstand a drop back to 10 cents (that’s higher than it was a month ago) and still come out ahead if I was guaranteed the drop figures. My concern is I’ll only get a fraction of what is being talked about due to the limited supply and that changes the ratio and my confidence in the numbers. I’m talking about trading into solo. This isn’t an issue for folks setting up trust lines. Whether you get .2 solo or .002 solo, they were free, we can’t bitch too much about it. If you are exchanging your xrp for solo and then back after the snapshot, I do see the potential for disaster. I’m glad you’re considering all options. I’m not trying FUD you up here, I just don’t want to see xrp holders get borked. If I moved fasted and could have gotten into solo for under a dollar and this would be less of a concern. We’re already well past ATH and at these prices without a guaranteed number for distribution, I’ll only dip my toes so far. I hope you kick ass with your transactions and make a boat load! Last Edited by Wuher on 11/23/2021 09:16 AM Signature on file. |
Abe Froman
User ID: 76707307 France 11/23/2021 09:10 AM Report Abusive Post Report Copyright Violation | |
T-Man
Entitled title User ID: 76630935 Netherlands 11/23/2021 09:15 AM Report Abusive Post Report Copyright Violation | i think i will just buy SOLO on coinfield. I can send that to XUMM and do the trustline thing? i dont even want to risk any XRP. and i didnt even think about the price changes. i was thinking about exchanging my XRP for SOLO on christmas, but i might only get half of my XRP back the next day.. yea im not doing that |
Abe Froman
User ID: 76707307 France 11/23/2021 09:16 AM Report Abusive Post Report Copyright Violation | For those of you planning on gaming the SOLO XRP drop (Luminous and I think Abe). Quoting: KingSideCastle I think you are going to get absolutely wrecked. You are not going to be faster than the whales who are going to dump their SOLO milliseconds after the snap shot. Do you guys still believe you are going to get 5:1 on your solo and 1:5 on your XRP? Better read the fine print, because thats NOT what is says. Anyway, best of luck to you. The bots will absolutely be programmed to the millisecond. Did you see the flare snapshot? It was just like that. The fine print explains the formula and it is not 5:1. The formula is based on the SOLO/XRP at the time of the snapshot. Create the exchange minutes before and exchange back minutes after. I'll be sharper than that. If I get wrecked in the matter of minutes then so be it. If I didn't see how Flare worked on 2020 I'd be less confident. I appreciate your comments and those of everyone. Thank you, hearing tough words is important considering investing needs to be emotionless. ETA: For anyone worried about getting rekt, you can simply connect a trustline to your cold storage, never move anything and receive whatever comes to you. No harm no foul. It's not like all these other airdrops bombed people out. Just saying. LO, if you plan on swapping xrp for solo the day of the snapshot, solo price could be in the 4-5 dollar range by then and I could see many people who’ve loaded up selling before the snapshot for huge gains then buying whatever solo they wanted post snapshot. I think we could see a big sell off immediately and then a slower drain off before the distribution. I originally calculated the fallout based on hard numbers and figured I could withstand a drop back to 10 cents (that’s higher than it was a month ago) and still come out ahead if I was guaranteed the drop figures. My concern is I’ll only get a fraction of what is being talked about due to the limited supply and that changes the ratio and my confidence in the numbers. I’m talking about trading into solo. This isn’t an issue for folks setting up trust lines. Whether you get .2 solo or .002 solo, they were free, we can’t bitch too much about it. If you are exchanging your xrp for solo and then back after the snapshot, I do see the potential for disaster. I’m glad you’re considering all options. I’m not trying FUD you up here, I just don’t want to see xrp holders get borked. If I moved fasted and could have gotten into solo for under a dollar and this would be less of a concern. We’re already well past ATH and at these prices without a guaranteed number for distribution, I’ll only dip my toes so far. I hope you kick ass with your transactions and make a boat load! I've seen estimates of what it may be worth at the time of the snapshot. I saw anywhere between 5 and 15 bucks. If I can swap and get anything between that, it would be beyond anything I was expecting. The ride next month is going to be crazy. Crap |
T-Man
Entitled title User ID: 76630935 Netherlands 11/23/2021 09:20 AM Report Abusive Post Report Copyright Violation | |
Abe Froman
User ID: 76707307 France 11/23/2021 09:28 AM Report Abusive Post Report Copyright Violation | Here is the way I look at the Solo drop. No matter what. It's free. If its worth a penny when I receive it. That's over 1000 dollars I didn't have. Thats my reasoning for cashing out my original solo buy. I will have made money back and then some on the initial investment. The airdrop is extra. And that extra will probably reach 200.00 dollars per coin before xrp does. Just because of the amount of Solo available. This coin is like a BNB coin. Crap |
Abe Froman
User ID: 76707307 France 11/23/2021 09:30 AM Report Abusive Post Report Copyright Violation | |
T-Man
Entitled title User ID: 76630935 Netherlands 11/23/2021 09:30 AM Report Abusive Post Report Copyright Violation | |
AxX
User ID: 75450217 United States 11/23/2021 09:41 AM Report Abusive Post Report Copyright Violation | I'm also remembering reading once where some guy said, "Never sell any of your crypto" Now, I've done that. I've traded all my shitcoins into SGB for the snapshot and have moved all XRP into XUMM. Considering moving XLM into LOBSTR, it looks like they're wanting to do the same kind of governance token at some point for XLM inside LOBSTR like Bitrue does with BTR and what Xumm is going to do with XRP? I get anxious sometimes and I just wanna hop into my Delorean time machine and jump forward 6 months just to see what it looks like! Energy flows where focus goes. [25/77/22] Rev 3:9 <-- Wonder who these guys are? “The future’s uncertain and The End is always near!” - Jim Morrison, 1970 |
BLACK GHOST
User ID: 80076858 United States 11/23/2021 09:51 AM Report Abusive Post Report Copyright Violation | I'm left remembering a time when XLM and XRP were the same price... Quoting: AxX I'm also remembering reading once where some guy said, "Never sell any of your crypto" Now, I've done that. I've traded all my shitcoins into SGB for the snapshot and have moved all XRP into XUMM. Considering moving XLM into LOBSTR, it looks like they're wanting to do the same kind of governance token at some point for XLM inside LOBSTR like Bitrue does with BTR and what Xumm is going to do with XRP? I get anxious sometimes and I just wanna hop into my Delorean time machine and jump forward 6 months just to see what it looks like! I've never heard anything about a XUMM governance token. "We demolish arguments and every pretension that sets itself up against the knowledge of God, and we take captive every thought to make it obedient to Christ." |
Abe Froman
User ID: 80583016 United Kingdom 11/23/2021 09:55 AM Report Abusive Post Report Copyright Violation | I'm left remembering a time when XLM and XRP were the same price... Quoting: AxX I'm also remembering reading once where some guy said, "Never sell any of your crypto" Now, I've done that. I've traded all my shitcoins into SGB for the snapshot and have moved all XRP into XUMM. Considering moving XLM into LOBSTR, it looks like they're wanting to do the same kind of governance token at some point for XLM inside LOBSTR like Bitrue does with BTR and what Xumm is going to do with XRP? I get anxious sometimes and I just wanna hop into my Delorean time machine and jump forward 6 months just to see what it looks like! Dude, I'm with you. I never touched my xrp bag, just kept buying. Mostly trading all my free coins into xrp. I got to the point where everything was becoming "free money". I did get a few lucky breaks. Like when I bought VET planning on trading it for XRP in Atomic wallet. I didn't know I had to have a VTHO gas fee. I was forced to hold it for around 2 or 3 months. I was pissed. But, I bought the VET at 2 cents. When I was finally able to trade, VET was worth 23 cents. So I made a pretty good profit. And wound up with more XRP than expected. I also owned XLM and CSC. I traded both for more xrp. It's been nothing but gains. Slow, but I've always been ahead. Everything I'm trading right now has all been gains. I've pretty munched turned 1000 dollars into a little over $10,000. The only things I've traded xrp for was 10 million Shib. Which cost me around 300 and something. Which was all free, because of a couple of Airdrops. and the Solo, which was also free because of a airdrop. I didn't "buy" anything using a debit card. I haven't done that in months. It's been all gains and free money. Last Edited by I SUCK STUPID on 11/23/2021 10:00 AM Crap |
Anonymous Coward User ID: 80073096 United States 11/23/2021 09:56 AM Report Abusive Post Report Copyright Violation | |
AxX
User ID: 75450217 United States 11/23/2021 10:43 AM Report Abusive Post Report Copyright Violation | I'm left remembering a time when XLM and XRP were the same price... Quoting: AxX I'm also remembering reading once where some guy said, "Never sell any of your crypto" Now, I've done that. I've traded all my shitcoins into SGB for the snapshot and have moved all XRP into XUMM. Considering moving XLM into LOBSTR, it looks like they're wanting to do the same kind of governance token at some point for XLM inside LOBSTR like Bitrue does with BTR and what Xumm is going to do with XRP? I get anxious sometimes and I just wanna hop into my Delorean time machine and jump forward 6 months just to see what it looks like! I've never heard anything about a XUMM governance token. You're right. There isn't. My mistake in connecting the two. Maybe it's wishful thinking? But I believe ExFi will be the governance token, being given out to people with SGB. And SGB was given out to those with FLR, and FLR was given out to those with XRP. Energy flows where focus goes. [25/77/22] Rev 3:9 <-- Wonder who these guys are? “The future’s uncertain and The End is always near!” - Jim Morrison, 1970 |
Anonymous Coward User ID: 77556928 United States 11/23/2021 12:24 PM Report Abusive Post Report Copyright Violation | I'm left remembering a time when XLM and XRP were the same price... Quoting: AxX I'm also remembering reading once where some guy said, "Never sell any of your crypto" Now, I've done that. I've traded all my shitcoins into SGB for the snapshot and have moved all XRP into XUMM. Considering moving XLM into LOBSTR, it looks like they're wanting to do the same kind of governance token at some point for XLM inside LOBSTR like Bitrue does with BTR and what Xumm is going to do with XRP? I get anxious sometimes and I just wanna hop into my Delorean time machine and jump forward 6 months just to see what it looks like! The original Zerp thread. Guy said his bro in law a Canadian bank exec told him never sell any crypto especially xrp. Never voluntarily talked about his work but for this... As for selling xrp for a profit, why sell that you can leverage for a lifetime. It may not be Nexo, but Flare or XUMM or who knows what else.... |
Anonymous Coward User ID: 77928401 United States 11/23/2021 12:39 PM Report Abusive Post Report Copyright Violation | |
A R K
User ID: 81213992 Germany 11/23/2021 12:50 PM Report Abusive Post Report Copyright Violation | The never appearing airdrop.. ~ Ad astra audacter eamus in alis fidelium ~ "Then the lion shall lie down with the lamb and the bear shall eat grass like the ox and the child shall play on the hole of the asp and nothing shall hurt nor destroy in all My Holy Mountain." [Isaiah 11:6] ~ A R K |
Anonymous Coward User ID: 81132514 United States 11/23/2021 12:54 PM Report Abusive Post Report Copyright Violation | [link to youtu.be (secure)] - - - - - - |
A R K
User ID: 81213992 Germany 11/23/2021 12:58 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80895052 United States 11/23/2021 01:17 PM Report Abusive Post Report Copyright Violation | For those of you planning on gaming the SOLO XRP drop (Luminous and I think Abe). Quoting: KingSideCastle I think you are going to get absolutely wrecked. You are not going to be faster than the whales who are going to dump their SOLO milliseconds after the snap shot. Do you guys still believe you are going to get 5:1 on your solo and 1:5 on your XRP? Better read the fine print, because thats NOT what is says. Anyway, best of luck to you. The bots will absolutely be programmed to the millisecond. Did you see the flare snapshot? It was just like that. The fine print explains the formula and it is not 5:1. The formula is based on the SOLO/XRP at the time of the snapshot. Create the exchange minutes before and exchange back minutes after. I'll be sharper than that. If I get wrecked in the matter of minutes then so be it. If I didn't see how Flare worked on 2020 I'd be less confident. I appreciate your comments and those of everyone. Thank you, hearing tough words is important considering investing needs to be emotionless. ETA: For anyone worried about getting rekt, you can simply connect a trustline to your cold storage, never move anything and receive whatever comes to you. No harm no foul. It's not like all these other airdrops bombed people out. Just saying. Could you tell me the ticker symbol and the date of the flare snapshot so that I can look at the chart and study what happened? Of course. The snapshot was on XRP 12/12/2020 at 00:00 UTC. What was most notable about this process was the fact that the price went up significantly about two weeks before the airdrop and hit almost 80 cents which was a 250% increase very quickly. But as the airdrop got close, the price actually dropped sharply and if memory serves, the price at snapshot time was under 55 cents. I have said before that past results do not necessarily dictate future outcomes but that was the most anticipated airdrop in history...until now. This is why I see it making more sense to exchange right before the airdrop, and then again right after as it will minimize risk and has the potential to actually get in a better price. |
Anonymous Coward User ID: 80895052 United States 11/23/2021 01:18 PM Report Abusive Post Report Copyright Violation | Yeah I've got my whole XRP sack on XUMM and I am signed up for the airdrop. Whatever SOLO they give me is better than nothing. I'm not even planning on dumping it! Quoting: KingSideCastle Fully agree! To each their own on how they play it personally. It will be interesting to hear everyone's unique story and how they did it so we can compare and learn for the future. |
Anonymous Coward User ID: 80895052 United States 11/23/2021 01:28 PM Report Abusive Post Report Copyright Violation | For those of you planning on gaming the SOLO XRP drop (Luminous and I think Abe). Quoting: KingSideCastle I think you are going to get absolutely wrecked. You are not going to be faster than the whales who are going to dump their SOLO milliseconds after the snap shot. Do you guys still believe you are going to get 5:1 on your solo and 1:5 on your XRP? Better read the fine print, because thats NOT what is says. Anyway, best of luck to you. The bots will absolutely be programmed to the millisecond. Did you see the flare snapshot? It was just like that. The fine print explains the formula and it is not 5:1. The formula is based on the SOLO/XRP at the time of the snapshot. Create the exchange minutes before and exchange back minutes after. I'll be sharper than that. If I get wrecked in the matter of minutes then so be it. If I didn't see how Flare worked on 2020 I'd be less confident. I appreciate your comments and those of everyone. Thank you, hearing tough words is important considering investing needs to be emotionless. ETA: For anyone worried about getting rekt, you can simply connect a trustline to your cold storage, never move anything and receive whatever comes to you. No harm no foul. It's not like all these other airdrops bombed people out. Just saying. LE. if you plan on swapping xrp for solo the day of the snapshot, solo price could be in the 4-5 dollar range by then and I could see many people who’ve loaded up selling before the snapshot for huge gains then buying whatever solo they wanted post snapshot. I think we could see a big sell off immediately and then a slower drain off before the distribution. I originally calculated the fallout based on hard numbers and figured I could withstand a drop back to 10 cents (that’s higher than it was a month ago) and still come out ahead if I was guaranteed the drop figures. My concern is I’ll only get a fraction of what is being talked about due to the limited supply and that changes the ratio and my confidence in the numbers. I’m talking about trading into solo. This isn’t an issue for folks setting up trust lines. Whether you get .2 solo or .002 solo, they were free, we can’t bitch too much about it. If you are exchanging your xrp for solo and then back after the snapshot, I do see the potential for disaster. I’m glad you’re considering all options. I’m not trying FUD you up here, I just don’t want to see xrp holders get borked. If I moved fasted and could have gotten into solo for under a dollar and this would be less of a concern. We’re already well past ATH and at these prices without a guaranteed number for distribution, I’ll only dip my toes so far. I hope you kick ass with your transactions and make a boat load! First of all, thank you for your words. I do consider everything everyone says and they are greatly appreciated! With that said it is very hard for me to see SOLOs price going that high, although anything is possible. As I mentioned above, FLR was the biggest airdrop to date and the price actually dropped before the snapshot. Why this happened I'm not sure but I do know people that FOMOed in before the snapshot only to realize that they were stuck for the airdrop. I believe the whales sold, knowing they don't do this for the airdrop and actually used it to make money buy selling XRP beforehand. Now whether or not this follows the same pattern this time around, I cannot be certain. If I am wrong and in fact SOLO hits $5 beforehand, I will certainly have not maxed out my potential. However, as I am concerned exchanging a rather large amount of XRP, only keeping it on XUMM for a few minutes drastically reduces my risk of anything wrong happening. Considering after all we are talking about getting free money, I am not as concerned about the correct entry point as I am about security. Time will tell and I hope everyone makes out like a bandit on this. Like I said above, we all are going to have a varied strategic opinion. Someone will be more right than others but as long as we can all participate and have it all go well, we can all consider it a win. |
Anonymous Coward User ID: 80895052 United States 11/23/2021 01:29 PM Report Abusive Post Report Copyright Violation | Yeah I've got my whole XRP sack on XUMM and I am signed up for the airdrop. Whatever SOLO they give me is better than nothing. I'm not even planning on dumping it! Quoting: KingSideCastle I'm planning on holding my airdrop too. But I am dumping on Christmas eve. That's for sure. I cannot see another move other than dumping immediately after the snapshot. The price is going to plummet imo. Considering what SOLO is doing in the NFT market, it would be crazy to not hold the airdrop to see what happens to it. |
Anonymous Coward User ID: 76140590 Mongolia 11/23/2021 02:07 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80895052 United States 11/23/2021 02:23 PM Report Abusive Post Report Copyright Violation | I've seen estimates of what it may be worth at the time of the snapshot. I saw anywhere between 5 and 15 bucks. Quoting: Abe Froman If I can swap and get anything between that, it would be beyond anything I was expecting. The ride next month is going to be crazy. Wow. If that happens I would be truly shocked. I can't see it but I could easily be wrong. The next month is going to be truly nutzo. |
Anonymous Coward User ID: 80895052 United States 11/23/2021 02:28 PM Report Abusive Post Report Copyright Violation | I'm left remembering a time when XLM and XRP were the same price... Quoting: AxX I'm also remembering reading once where some guy said, "Never sell any of your crypto" Now, I've done that. I've traded all my shitcoins into SGB for the snapshot and have moved all XRP into XUMM. Considering moving XLM into LOBSTR, it looks like they're wanting to do the same kind of governance token at some point for XLM inside LOBSTR like Bitrue does with BTR and what Xumm is going to do with XRP? I get anxious sometimes and I just wanna hop into my Delorean time machine and jump forward 6 months just to see what it looks like! Just to be clear, the SGB snapshot has nothing to do with XUMM nor XRP and only your SGB tokens on Bitrue? I've also yet to hear of any Xumm government token. |
Anonymous Coward User ID: 80895052 United States 11/23/2021 02:30 PM Report Abusive Post Report Copyright Violation | I get anxious sometimes and I just wanna hop into my Delorean time machine and jump forward 6 months just to see what it looks like! Quoting: AxX Me, too. I'm only happy when I'm making money, not loosing it. LOL...MANA is correcting the GYEN rekr truck, for me. Glad to hear it pool! MANA been doing good things lately. |
Anonymous Coward User ID: 80895052 United States 11/23/2021 02:33 PM Report Abusive Post Report Copyright Violation | It does. I do find it hard to believe that the FLR IOU price has dropped 75% recently. It hit 2.5 and sits at .64 currently. When the airdrop hits I have a feeling there will be a massive sell off driving it deep into the ground. I'm hoping to sell as well and buy back in at basement prices. |
bodhidharma
User ID: 30160284 Canada 11/23/2021 02:35 PM Report Abusive Post Report Copyright Violation | Flare will kill Eth, eth's gas fees are ridiculous & it's outdated like btc Part of the reason why lawsuit drags out is because JP morgan's bitch (the SEC) is delaying it so JP can keep making bank on ethereum - look into Jay Clayton etc "We are living in times where all deceptions will be revealed" |