>What wallet do I use? There is no right answer for this. Mostly personal preference and security vs. convenience. Hot storage (with Spark support) - XUMM or Exodus. Cold storage - Ledger/Trezor or Paper/Metal Wallet.
reckon he's actually Scottish or he just chose the the flag for the X?
Joseph Hughes
I only hold 500 XRP in case it really is the Jew World Order token (a highly slim chance) Other than that, I'm convinced it's a shitcoin, and if it ever goes to zero (which I believe it probably will) then I'm not out any huge loss.
The fact the token supply is practically hyper-inflated to complete dogshit.
Christian Torres
same here lol. i have 300 of them, i like watching them slowly crab downwards to zero, while 24/7 schizo posts tell me how they're actually worth 600k lol.
You're not the first schizo to think BTC gets one last pump before the switch Why does BTC get one last reign as King? TA or a hunch
Tyler Nguyen
>The plan Sounds vague and cryptic. Is it backed by nothing but conspiracy related videos and outlandish/highly improbable claims? My guess is yeah, probably so. Even with all the hype/press XRP has gotten with the WEF and other things, it's price hasn't moved BECAUSE it is inflated by Jed dumping millions of these fucking things on a regular basis. Not to mention nobody is even using them, and Ripple had to practically give the tokens away to all their "partners." None of which have formally adopted the use of XRP.
Jeremiah Cooper
Might dump my XRP after the free spark airdrop. XRP is slowing making its way to being worth less then a cent
Christian Jones
It seems like an incredibly high number but one day it'll be 'scarce' - but not too scarce, as you want liquidity on demand. just scarce enough to have a high value.
Do you think you could achieve pic related kind of market capitalisation with, say, 22m tokens?
How much would each one of those 22m need to be worth?
In which case, the token is useless for sending any funds lower than the value of one token.
Do any other coins have such an interesting lore surrounding them?
Zachary Torres
No, it's price hasn't moved because banks aren't using XRP in meaningful amounts.
Can you think of a reason why banks aren't used it up until now? Can you imagine the regulatory nightmare of using an undefined cryptocurrency?
September changed everything in that regard.
Joshua Sanders
RippleLabs can make an infinite amount of these things though, effectively keeping the price wherever they want. In fact, it is in their best interest to do such a thing. Banks don't want to burn XRP if it's going to be outlandishly expensive, and banks always do what must be done to keep their expenditures low. Plus, XRP isn't being used by anyone, and there's absolutely no indication it will ever be adopted on any large scale at all. It's all vague speculation with no data to back it up.
Matthew Robinson
Now ask yourself, if I'm a bank and I wish to send $10m in a single transaction
Would I prefer to do it using 10,000,000 XRPs? Or 10,000?
William Campbell
They can’t create more hahaha how many of you fucking retards going to pop in here. You have no fucking clue what you’re talking about actually HANG user.
Nicholas Gutierrez
Or 1 XRP
Ayden Martin
>September changed everything in that regard Except it didn't. XRP's price dumped, even after these so called "bullish announcements." No banks signed on to use it. No partners started moving it either. It's effectively dead in the water, and will likely remain there. I hold 500 just in case you people are correct, but I would rate the chances of that being 1 in a hundred billion if not more. It doesn't matter. The price of XRP has been in the toilet for years now, with no indication that it will ever reach it's ATH. Hell it hasn't even gotten to half of it's ATH since 2017. At least most other projects that pumped during then are at least now above $1. Yes they can. XRP is highly centralized. The price and number of tokens are controlled by Ripple, and nobody else. Ask yourself, if Ripple is being "artificially held down" in price, then why couldn't RippleLabs simply just mint more tokens? It's entirely controlled by Ripple, even the number of tokens. David Schwartz himself even says the price of it right now is "fair." Meaning even he thinks it's not even worth a quarter.
How much would they burn? I promise you, even if the XRP burned was 10x higher than it actually would be, it would still be cheaper than the current system. And that's before you factor in any other benefit. Moving money around in legacy systems is not cheap.
I've explained why XRP isn't being used by anyone. Regulation/legislation did not exist regarding it until very recently.
Christopher Sanders
Lmao xrp is in escrow
user ur I’d was oJhAl1iE in the last thread and you got fucking nailed this fud is weak shut up
FUDBINGO Fucking retard lol
Cooper Scott
if you think the global shutdown happening to line up with bitcoin’s supply issuance halvening dipping below the average usd inflation is a coincidence I question and lovingly urge you to check your schizosenses.
To replace the current system with XRP, you would need an entire infrastructure overhaul, training, etc. Most banks aren't going to go through the trouble of doing that for a token that isn't worth anything. Nice refutation. Remind me, how many banks are using XRP right now? Oh that's right.....not one.
Alexander Cook
half a penny
Tyler Adams
Do you think legislation is passed and the banks sign up and start transferring hundreds of millions of dollars using it overnight? It has literally been a week or two since regulatory clarity was provided. Don't be silly.
It didn't pump because it had no reason to pump. It's a utility token. It'll pump when adoption arrives. If you can't see how legislation changes the game then you simply don't understand the world of finance.
Gavin Parker
What do you call it when you have a very large stack of XRP to overcompensate for something else?
The mere word of it alone would've at the very least increased the price, or served up SOME sort of price action, but it didn't. It actually dumped, and has continued to do so. Banks aren't going to adopt something that has no value, and XRP right now is basically nothing but a worthless, abandoned project and has been for years now. Ripple itself hasn't done anything to upgrade or make any sort of improvements to it either. All they have done is go out and shill for people to adopt it, even when there are even cheaper tokens and systems on the market for banks to adopt like XLM, or even the new FedCoin which will be released shortly. Why would any bank use XRP when FedCoin will hold value just because of it's issuer (The Fed?) XRP will be relegated to the garbage can once that happens, because if FedCoin is released, it will essentially be the "Do All" token, and there won't be any use for XRP.
Ryder King
As we speak? The price of XRP is currently dumping like it always has.
Elijah Bailey
It's already October. Where is the moon mission?
Jaxson Evans
reminder not to feed the fuds, they bump the thread for free.
Thomas Wright
hah...hahah...hahahahahha
Daniel Gomez
If you cannot see the significance of legislation for XRP, why do you expect the rest of the market to do so?
You think we are going from the current financial system where, problematically, the US Dollar is the reserve currency of the world... to a financial system where the FedCoin is the reserve currency of the world...
Wow, all that bother, we might as well just forget about modernising finance...
CBDCs will need a bridge currency. That much is certain, even the IMFs own literature state this.
It's time to take bets on what that could be. hint: there aren't too many options
Joseph Wright
lmao yea at least he got the balls to doxx himself. i can't imagine what you poor autistic faggots look like after a long day of larping as day traders with uniswap scam coins
Brandon Roberts
And I've already explained why so I'm not sure what else to say.
