Cryptocurrency

[TheGreenBastard]

I think it's pretty clear he's not the multi-millionaire he claimed to be if he's trying to scam $100 out of gullible suckers. Given his attitude and arrogance his contracting reputation is likely shot hence why he tried trading.

I'd feel sorry for him if it wasn't for the fact he's trying to lull others into his crap trading predictions.

Even got the selling of his Edinburgh flat wrong, would have made a pretty penny renting it out and riding the property appreciation of the last few years.

The praise he gets is merely "copium" bag holders dreaming of "x100" returns, so they promote the message.

Pure TA in this macro environment doesn't mean much. Recent breakout on XRP is interesting though, it's more fundamentally driven than anything else. Re the MC, a lot of people are basing it on whether it replaces SWIFT or even part of it which BTC will never do but XRP is being touted to underpin cross border payments. SEC case is getting interesting and looking like it might develop further - unless the SEC manage to delay and stall even longer. Would be interesting to look on chain and see who's buying XRP to cause it to break out like this. Is it retail or smart money?... CBA to look myself.

Can you explain / justify $25 predictions? XRP is a currency; consider the fact the circulating supply of USD is $2.10tn. A private cryptocurrency will not replace SWIFT in my opinion; it's a proof of concept of what might come, but not a replacement. Numbers do not compute, irrespective of momentary "breakout".

[Jog On]

Even got the selling of his Edinburgh flat wrong, would have made a pretty penny renting it out and riding the property appreciation of the last few years.

The praise he gets is merely "copium" bag holders dreaming of "x100" returns, so they promote the message.



Can you explain / justify $25 predictions? XRP is a currency; consider the fact the circulating supply of USD is $2.10tn. A private cryptocurrency will not replace SWIFT in my opinion; it's a proof of concept of what might come, but not a replacement. Numbers do not compute, irrespective of momentary "breakout".

If that gets proven XRP will moon further than $25

[TheGreenBastard]

If that gets proven XRP will moon further than $25

I'm not sure why you think that. There's no intrinsic value in "currencies".

Right now there's a circulating supply of $2.10td USD. In a hypothetical scenario of XRP becoming the currency of the US, can you argue why total value wouldn't coalesce at $2.10tn?

[Jog On]

I'm not sure why you think that. There's no intrinsic value in "currencies".

Right now there's a circulating supply of $2.10td USD. In a hypothetical scenario of XRP becoming the currency of the US, can you argue why total value wouldn't coalesce at $2.10tn?

Not sure how familiar you are with XRP/Ripple but points of note are:

1. Ripple is currently defending a lawsuit from the SEC who are trying to deem XRP as a security as opposed to a currency. This is suppressing the price of XRP and if Ripple win and XRP is deemed a currency that will be very very good for Ripple/XRP. When you said "XRP is a currency" I thought you might have some insider information on the lawsuit...
2. There's no notion of XRP replacing the USD, even if it did I'm sure there is more than 100 billion (max supply of XRP) USD in circulation
3. Ripple and XRP are targeting cross border payments (FX transactions) so the price predictions people are coming up with are based on 'if XRP takes [x]% of SWIFT volume it will be valued at...'
4. XRP is one of the ISO20022 cryptos which is coming into implementation pretty soon (November this year). ISO2022 is worth reading about as it's essentially money 2.0, cross border payments, CBDCs and lots of institutional/governmental implementation of blockchain tech.

[TheGreenBastard]

The point is a "currency" has no intrinsic value, beyond the guarantee of face value, hence $25 won't happen, I'd even argue "can't" happen. The reason for value right now is actually because it's not really a currency with utility, it's a speculative asset.

XRP will never be a SWIFT replacement whilst slippage can occur in the XX% range. To be even considered a replacement outside of proof-of-concept trades, XRP would have to be pegged, perhaps to a bucket of currencies (US Inc. wouldn't allow that), and at this point we have come full circle regarding "market cap".

[saptastic]

Not sure how familiar you are with XRP/Ripple but points of note are:

1. Ripple is currently defending a lawsuit from the SEC who are trying to deem XRP as a security as opposed to a currency. This is suppressing the price of XRP and if Ripple win and XRP is deemed a currency that will be very very good for Ripple/XRP. When you said "XRP is a currency" I thought you might have some insider information on the lawsuit...
2. There's no notion of XRP replacing the USD, even if it did I'm sure there is more than 100 billion (max supply of XRP) USD in circulation
3. Ripple and XRP are targeting cross border payments (FX transactions) so the price predictions people are coming up with are based on 'if XRP takes [x]% of SWIFT volume it will be valued at...'
4. XRP is one of the ISO20022 cryptos which is coming into implementation pretty soon (November this year). ISO2022 is worth reading about as it's essentially money 2.0, cross border payments, CBDCs and lots of institutional/governmental implementation of blockchain tech.

Ripple isnt traded on coinbase - where is a good place to buy it?

[_V_]

Ripple isnt traded on coinbase - where is a good place to buy it?

You can swap it using Changelly using your Ledger hardware wallet.

https://www.ledger.com/swap-changelly

[Lance]

Ripple isnt traded on coinbase - where is a good place to buy it?

Wirex

[AtW]

tulip is hitting the fan as we speak…

[CheeseSlice]

tulip is hitting the fan as we speak…

So BTFD?