XRP-dump?

Will XRP dump or pump after FLARE drop? Predictions?

>do you think the switch will flip before or after the flare drop

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>if yes
I make 2 million
>if no and drop to 0
I lose 1k

It will dip, but continue rising a week after.

of course it will

you do realise the DROP isn't happening for at least another six months, right?

Probably means after the snapshot, but yeah, tbe actual distribution does not even have a date.

Unpopular opinion incoming:
Flip switch is a meme. It will dump a decent chunk after airdrop but idiots that aren’t going to stake their Xrp as collateral for flare will miss out on passive gains. It will eventually be much higher but many people who aren’t savvy will drift the pump and get out. Nothing wrong with that, but I’m a long term holder

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user, its not retail buyers pumping the token. It won't dump after Flare.

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Is this true? Can another user confirm this?

it will what

12 of December is snapshot date, you have up to 6 months to claim your tokens.

Yo user thanks for the info. Do you have anymore info regarding what is causing this pump?

>when do you think the switch is going to be flipped

it will dump but will pump right after so you will not have a chance to buy it back and you will end up with even fewer coins that you had before

December 21st after the event. That's my best guess. This is what another user posted in the last XSG.

>"From what I've seen online with the alignment of the planets for the first time in 6,000 years, we're entering a new age come december 21st. We're supposedly going to see aurora lights globally during this event. It's also supposed to be in the shape of a mushroom as in the gif Mr. Pool just posted earlier. To make this even more odd it turns out the Mayan calendar was initially read wrong and was actually set to happen in 2020. Perfectly matching the date we enter the age of Aquarius (completing a 25,000 year cycle) and the Great Conjunction. Marking the start of a new cycle. This is what is likely to cause the Great Solar Event that you hear passed around. I believe this solar flash is likely to cause the global EMP or what the media will be using as a false flag to claim as 'the worst cyber attack on the world.' With this in mind its likely that those in power will use this event to mark the beginning of the new digital age in which everything will become blockchain secured to avoid another 'global cyber attack.' This could possibly be the catalyst that everyone is waiting for which will cause XRP to moon in the blink of an eye. As the banks around the world adopt the Ripple ledger overnight."

Just a few weeks back the XRP ledger was also being tested with damn near $100,000,000,000 in volume with about 4 different currencies. Really looks like the powers that be are getting ready for it to happen any moment now imo.

I thought all this digital fed currency stuff was still years away but honestly they need to roll it out fast with the state of the economy if they want to save the boat from drowning. I haven’t gone all in on xrp but bought enough as insurance because if it does become fed coin, it’s going 100x from here, if not more.

covid causing this pump. normies spending time on their phones instead of working.. stumble accross crypto.

>idk man, I think every will sell everything they have because they actually really hate money

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That's not true though. It has been proven consumers are not causing this pump. Giant whales are.

It's not becoming Fedcoin. That actually what turns most anons off because thats kinda ridiculous. XRP isn't even to be work in that manner. It's meant to be ODL. On demand liquidity would allow the CBDC that countries globally are making to be able to transact without worrying about how much liquidity is in the market they are attempting to trade with. Because each country wants its own CBDC to work as a walled garden structure to allow for better monitoring, it doesn't make sense to allow your CBDC to ever leave your country. Insert ripple and XRP into the equation and you don't have to. This will also fix the liquidity issue for damn near every market you can fathom so it will really revolutionize the global economy. Now obviously in order for XRP to be able to supply liquidity for all these markets it needs to have a fuck ton of liquid value. Hence why 2K isn't actually that far off from the truth. Hell, if it does become the standard for 83% of all value this puts the valuation at damn near 10k.

Do you guys think I will get cucked for not holding my XRP on a hardware wallet like a ledger?
You guys really think a solar flare or EMP will wipe out my wallet and XRP?

Yeah, I'm thinking this is based.

Just get a ledger user. There is a black friday sale anyways so you can get a nano s for cheap right now. Better safe than sorry.

Yo thanks for the heads up. I'm gonna buy the black Friday deal. Can you help me with this question though? I heard that ledger has software problems like it glitches out, needs firmware updates and I have heard people lose keys. Plus I heard their client list got hacked or whatever. Is their any ledger problems generally or things I need to keep an eye out for with it?

The last XRP run lasted a little longer than 3 weeks. 3 weeks from the start of this run is exactly Dec 12th. The question is, will the dip trigger the end of the run?

>3 weeks
>3
>3

More coincidences imo. What are your predictions? You think it will pump or dump after the 12th?

Everyone expects XRP to dump after the snapshot, just like everyone expected UNI to dump after the airdrop, only to see it 3x the next days.Unlike UNI, both XRP and spark are not shitcoins. I will hold mine and get passive income on my XRP

Bros what it it just stays at 3x what it was like 8 days ago? It may correct down to .50 or go a lil higher but I objectively don't have a problem with this. If it holds around or above .5 I know it will go to a new ATH next year, whether that's $4 or $440 idk. Most models are now predicting a new ATH and it correcting way more than it's worth now. Feeling very bullish desu.

The schizos say hold through the airdrop. If Dec 12 is the end of the run I could buy twice my stack of XRP at 1 or 2 dollars and bank the profit. But no Spark. It's really a tough call, considering we'll be near the end of the run's timeframe. I'm still deciding.

It seemed so retarded that it would be pumping because of the flare drop. Spark will be like fractions of cents initially most likely, after corrections. It's not whales either, this is institutional adoption.

WAGMI

I dont think the run is ending soon

how do I claim spark if my ripple is on bittrex?
Do I have to put it in a wallet?

and the tokens will be distributed over 3 - 4 years. You don’t get them all at once. Keeping that in mind, I would move mine to a wallet rather than hold them on a participating exchange

If bitrex is supported by the snapshot you're fine. You can check flare's site for supported exchanges. Otherwise you'll need to move it to a supported wallet or exchange. You'll have 6 mo after to claim your spark, for that you must have a supported exchange.

Can you explain what the other dude in this thread was saying to me?
Do we get airdropped spark on 12/12/20 or do we have to wait months after the 12th to get the actual spark tokens?

I don't think Bittrex is supported. I moved to Exodus and it's easy to setup for the airdrop there. You just go to XRP and click the menu on the righthand side and select for Spart/Flare.

Exodus is really easy to use, but limited function and limits on order withdrawal (but you can make unlimited withdrawals). The other downside is the spread can be up to 7% when trading between coins. I'm ordering Ledger but need to wait for the Nano to arrive.