The Ripple Thread

Daithi40

ToxicPaddy wrote: »

Been playing around with a few different Alt coins over the last week or two, bought a few thousand XLM at 4c and its charging up nicely,

XRP had been bouncing up and down recently so used it to increase my holding so let's see how volatile it will be in the run up to the SEC ruling.

Just curious what the type of monetary exposure people have here to XRP. Only got a few hundred in it myself but thinking of putting a bit more into it for long term investment if the SEC ruling is positive.

Any thoughts on it?

have about 15k @ 0.16 from a while back ... 💰 I can afford to lose of course... SEC ruling will be interesting

olestoepoke

ToxicPaddy wrote: »

Been playing around with a few different Alt coins over the last week or two, bought a few thousand XLM at 4c and its charging up nicely,

XRP had been bouncing up and down recently so used it to increase my holding so let's see how volatile it will be in the run up to the SEC ruling.

Just curious what the type of monetary exposure people have here to XRP. Only got a few hundred in it myself but thinking of putting a bit more into it for long term investment if the SEC ruling is positive.

Any thoughts on it?

If you dont mind me asking what other alts are you interested in? I bought a few thousand PHALA (PHA) recently after reading up on it.

sparrowcar

olestoepoke wrote: »

If you dont mind me asking what other alts are you interested in? I bought a few thousand PHALA (PHA) recently after reading up on it.

VET for me.. steady increase last week or so.
I got in around .020 so again hopefully all gains.

Lex Luthor

ToxicPaddy wrote: »

Just curious what the type of monetary exposure people have here to XRP. Only got a few hundred in it myself but thinking of putting a bit more into it for long term investment if the SEC ruling is positive.

Any thoughts on it?

depends what you can afford
everyone is different

Lex Luthor

sparrowcar wrote: »

VET for me.. steady increase last week or so.
I got in around .020 so again hopefully all gains.

VET & VTHO had a nice 24hrs

Pity the staking rewards are paltry at 1.7%

Lex Luthor

I still think the SEC is trying to go after the XRP escrow or it may be part of some deal that is struck

If they do, then there will be a potential supply shock that could catapult the price, lets see

Kent Brockman

https://cryptobriefing.com/xrp-flr-token-holders-primed-another-airdrop/

ToxicPaddy

olestoepoke wrote: »

If you dont mind me asking what other alts are you interested in? I bought a few thousand PHALA (PHA) recently after reading up on it.

I was reading up on PHA at the moment, I already have a few hundred ADA and 0x, a few thousand SIA and XLM. (Yes I know SIA is crap, but I picked them up for like €10 ages ago )

Looking at UNI, BAT, ZIL and STORJ but still doing research on them.

I was also looking at RVN but after the hack, I'm avoiding now even though it has had reasonable gains recently.

Must look at VET also as it was mentioned here

ToxicPaddy

Lex Luthor wrote: »

depends what you can afford
everyone is different

Ahh I know that, I have a couple of grand invested but I definitely follow the golden rule of never investing what you cannot afford to lose.

I'd say I could safely throw another 1k at it without any major concerns if it all goes belly up :cool:

SeantheMan

Cryptonovice wrote: »

Swap them for Chilliz (CHZ). Potentially a very profitable coin..has to do with sports...look into it..all top football clubs have partnered with it..PSG, Barcelona, Juventus etc...with more to come..that's what I did anyways..can be bought directly from binance exchange.best of luck.

This has really jumped lately. I was up near 100% earlier today with CHZ

olestoepoke

SeantheMan wrote: »

This has really jumped lately. I was up near 100% earlier today with CHZ

I really like the idea of CHZ so took a punt awhile ago, glad I did now.

SeantheMan

olestoepoke wrote: »

I really like the idea of CHZ so took a punt awhile ago, glad I did now.

Same, I only put 200 quid in, but it's nearly double since. Still only at 0.05c , so if if ever gets real traction or goes to the NBA, NHL, NFL then it'll get bigger hopefully. It already has Barca, Juventus, AC Milan, UFC etc (needs a few Prem teams). Also hopefully will get a little bigger if/when fans are ever allowed back into stadiums.

olestoepoke

SeantheMan wrote: »

Same, I only put 200 quid in, but it's nearly double since. Still only at 0.05c , so if if ever gets real traction or goes to the NBA, NHL, NFL then it'll get bigger hopefully. It already has Barca, Juventus, AC Milan, UFC etc (needs a few Prem teams). Also hopefully will get a little bigger if/when fans are ever allowed back into stadiums.

West Ham Utd are on board

Chuppa Siopa

I have a small but of CHZ but the main issue I have is that most of these sports teams are relatively small. For example, West Hams revenue in 2020 was €216m and AC Milan was just €206m. To me its interesting because I like sport but apart from the top half a dozen sports teams, these business are small

olestoepoke

Chuppa Siopa wrote: »

I have a small but of CHZ but the main issue I have is that most of these sports teams are relatively small. For example, West Hams revenue in 2020 was €216m and AC Milan was just €206m. To me its interesting because I like sport but apart from the top half a dozen sports teams, these business are small

Yeah thats a good point, but what about the bigger teams like Barcelona? What was their revenue last year approx €840m. If it is a success and brings in extra revenue for clubs make no mistake they'll all be on board.

Drumpot

Lex Luthor wrote: »

risk is nowhere as bad as the reward imo

I've been saying for a while, this SEC suit wont hold up...

What do you think will happen to price if SEC suit doesnt hold up ? Are you thinking double digit rise or more ?

Lex Luthor

Drumpot wrote: »

What do you think will happen to price if SEC suit doesnt hold up ? Are you thinking double digit rise or more ?

the ATH was $3.80 ish

its way undervalued, I'd expect 5-6 USD in a quick space of time

el diablo

Lex Luthor wrote: »

the ATH was $3.80 ish

its way undervalued, I'd expect 5-6 USD in a quick space of time

If that were to happen then it have a bigger market cap than ETH has currently. Pretty unlikely in my opinion. Ripple has had some success selling their software to banking institutions but there's hardly any uptake of their XRP token.

L'prof

Currently over 40% of my Crypto is invested in Ripple. Should I look to water that down before the SEC hearing? There’s a possibility it could become worthless?

olestoepoke

Correction to a statement I made earlier regarding CHZ. West Ham are not on board the whole deal fell through recently. Interesting development is that some of the spokespeople for the fans expressed a dislike for the idea of a fan token, seeing it as another way to squeeze money from fans.

Lex Luthor

L'prof wrote: »

Currently over 40% of my Crypto is invested in Ripple. Should I look to water that down before the SEC hearing? There’s a possibility it could become worthless?

if the SEC hearing had any credibility it would have gone by now

yabadabado

olestoepoke wrote: »

Correction to a statement I made earlier regarding CHZ. West Ham are not on board the whole deal fell through recently. Interesting development is that some of the spokespeople for the fans expressed a dislike for the idea of a fan token, seeing it as another way to squeeze money from fans.

That's a pity and it will need a few big teams to get on board.
Ideally some of the US teams would be involved .

el diablo

L'prof wrote: »

Currently over 40% of my Crypto is invested in Ripple. Should I look to water that down before the SEC hearing? There’s a possibility it could become worthless?

Depends on whether you're in profit and if it's money you can afford to lose. I think it'll survive and probably pump (a little!) but who knows.

L'prof

el diablo wrote: »

Depends on whether you're in profit and if it's money you can afford to lose. I think it'll survive and probably pump (a little!) but who knows.

Profit - yes, profit from ripple - no. Afford to lose - yes, want to - no. I reckon 40% is probably too much. I think I’ll take some out and split between the rest

sparrowcar

I added some more during that dip.
I have a decent bag now. I have a hunch this SEC case will fade out with the backing and support Ripple are getting from many including ex SEC senior employees.

I may be wrong, but if I'm right.....

Rob2D

Yeah I got some XRP in the dip although unfortunately it kept on dipping :pac:

I think it might still surprise people so I took a gamble on it.

https://www.youtube.com/watch?v=oHpV0m_bi3c

L'prof

sparrowcar wrote: »

I added some more during that dip.
I have a decent bag now. I have a hunch this SEC case will fade out with the backing and support Ripple are getting from many including ex SEC senior employees.

I may be wrong, but if I'm right.....

Im just waiting for it to hit €1000 and I’ll be happy enough to then :pac::pac::pac:

sparrowcar

L'prof wrote: »

Im just waiting for it to hit €1000 and I’ll be happy enough to then :pac::pac::pac:

Ha Jesus can you imagine...
A more realistic figure this year all going well might be $5 but again who knows.

sparrowcar

From trial discovery...

"A unnamed exchange contacted the SEC in 2019 asking if it was ok to sell XRP as a currency rather than a security"
SEC failed to comment but never said NO!

Very difficult to get around that alone.

namenotavailablE

^^ That is an intriguing point from the video. I've a tiny XRP holding and am looking forward to the day when it allows me to afford a weekend away with my better half in a fancy hotel, assuming that Covid is a distant memory by then

sparrowcar

namenotavailabl wrote: »

^^ That is an intriguing point from the video. I've a tiny XRP holding and am looking forward to the day when it allows me to afford a weekend away with my better half in a fancy hotel, assuming that Covid is a distant memory by then

Hopefully you take that weekend away on your private jet by then :pac:

endainoz

Yeah I bought another lump during the dip myself, long term play here, but a lot of crypto type analysts are predicting it to take off through the rest of the year. Of course its probably just Google showing me the stories and articles I want to see. It's how people get radicalized!

sparrowcar

endainoz wrote: »

Yeah I bought another lump during the dip myself, long term play here, but a lot of crypto type analysts are predicting it to take off through the rest of the year. Of course its probably just Google showing me the stories and articles I want to see. It's how people get radicalized!

Very true

olestoepoke

endainoz wrote: »

Yeah I bought another lump during the dip myself, long term play here, but a lot of crypto type analysts are predicting it to take off through the rest of the year. Of course its probably just Google showing me the stories and articles I want to see. It's how people get radicalized!

So hard to separate the actual tips and the staged promotions, they've infiltrated Reddit with shameless self promotion disguised as regular people chatting about alts.Coin bureau (Guy) on YouTube is good for explaining all things related to crypto but again hard to tell what he's being paid to promote.

seannash

olestoepoke wrote: »

So hard to separate the actual tips and the staged promotions, they've infiltrated Reddit with shameless self promotion disguised as regular people chatting about alts.Coin bureau (Guy) on YouTube is good for explaining all things related to crypto but again hard to tell what he's being paid to promote.

Hes the one person i would say doesn't get paid. He has no need to, if he says a coin is good it goes up.not elon musk type reactions but reactions none the less. His explanations for why he holds a certain coin are always pretty good and reasoned. I reckon hed as faor and balanced as you can get imo.

SeantheMan

olestoepoke wrote: »

West Ham Utd are on board

They're not partnered with them anymore.
Also up another 80% in the last week.

olestoepoke

SeantheMan wrote: »

They don't show West Ham on their site ?

Keep reading on from that post and it'll explain it to you

Daithi40

bought some more this week, I hope/ expect the SEC to fail .... fingers crossed

el diablo

Daithi40 wrote: »

bought some more this week, I hope/ expect the SEC to fail .... fingers crossed

I heard some madman on the internet saying XRP will go to four digits ($1,000+) and be the world reserve currency ...or something.

Lads, we're all going to be multi-millionaires/billionaires thanks to our XRP bags. :P

sparrowcar

el diablo wrote: »

I heard some madman on the internet saying XRP will go to four digits ($1,000+) and be the world reserve currency ...or something.

Lads, we're all going to be multi-millionaires/billionaires thanks to our XRP bags. :P

I take it you haven't seen the video claiming €35k a coin then....:D
https://www.youtube.com/watch?v=8toGxC5WPsM

endainoz

There's probably a very good chance of it hitting 10x in the next year or so, 4 figures is a bit much all the same! I think most would agree that it's quite undervalued in the current market and it has massive growth potential. Alt coins are due a bit of a surge once bitcoin eventually drops down before climbing again. But of course the key question is when will all this happen?

SeantheMan

el diablo wrote: »

I heard some madman on the internet saying XRP will go to four digits ($1,000+) and be the world reserve currency ...or something.

Lads, we're all going to be multi-millionaires/billionaires thanks to our XRP bags. :P

Hasn't been doing much lately (XRP)

I'm delighted someone mentioned CHZ on here. Been making me a nice little pot.
Made 300% on it this week.

I expect it'll just keep getting bigger.

chases0102

Would the general consensus be to buy some outright, or do people buy weekly/monthly, keep building up their stack?

olestoepoke

SeantheMan wrote: »

Hasn't been doing much lately (XRP)

I'm delighted someone mentioned CHZ on here. Been making me a nice little pot.
Made 300% on it this week.

I expect it'll just keep getting bigger.

CHZ is doing amazing, I bought a few for the craic about 5 weeks ago, took out 25% just there and bought PHA with it. Free coins from my profit.

sparrowcar

SeantheMan wrote: »

Hasn't been doing much lately (XRP)

I'm delighted someone mentioned CHZ on here. Been making me a nice little pot.
Made 300% on it this week.

I expect it'll just keep getting bigger.

XRP wasn't expected to do much lately, once the SEC case is resolved now then....

SeantheMan

I think people who think that XRP gettin even near $100 are crazy.
The thought of 35k is ridiculous.

There are 100,000,000,000 XRP total..
99.99% of this is already in circulation.

If they hit 100 dollars the market cap would be 10 trillion. That's the same market cap as gold

endainoz

SeantheMan wrote: »

I think people who think that XRP gettin even near $100 are crazy.
The thought of 35k is ridiculous.

There are 100,000,000,000 XRP total..
99.99% of this is already in circulation.

If they hit 100 dollars the market cap would be 10 trillion. That's the same market cap as gold

With all that being said, it's doing quite well today compared to the other coins.

sparrowcar

endainoz wrote: »

With all that being said, it's doing quite well today compared to the other coins.

35k seems crazy alright but double figures is durable in the long term.

endainoz

sparrowcar wrote: »

35k seems crazy alright but double figures is durable in the long term.

Absolutely I do think it'll pass the previous high once it gets a chance to break out at all.

Daithi40

Ha - I wish 35k if it goes to only $100 I can retire :rolleyes: