Xrp - Spark snapshot | Bitcointalksearch.org

Bitcoin_Arena

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Quote from: kotajikikox on December 14, 2020, 01:17:36 AM

Any news about the spark distribution?

Its been 2 days now but still no update from the exchange I'm holding lol.

What exchange are you using?
All the information about the airdrop is usually in the announcements days before the snapshot

The snapshot took place on 12th - December - 2020 at 00:00 UTC so even if you sold your coins after 1 minute, you will receive part of the airdrop. But their airdrop isn't going to be immediate of course

Quote from: kotajikikox on December 14, 2020, 01:17:36 AM

This airdrop don't even bring Hype to the ripple value instead the Bull od November is the one who brings it all to Pump reaching $0.75 at the most.

It did, maybe you did follow the chats well.
No coin in the top 10 has performed better than XRP in the last 30 days despite dropping by more than 20% in the last 7 days

Quote from: MCobian on December 14, 2020, 02:25:01 AM

There was no significant drop in the price of XRP when the Spark airdrop ended, so what many feared didn't happen.

Already dropped by over 20% in the last 7 days and still going down as compared to other coins. Isn't that a significant drop?

kentrolla

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Spark has disastered the XRP price I didn't expected such a big drop after a pump many were eager to see the price may go upto 1.5$ but its going down day by day, I think the airdrop was the core reason for this.

Once after the airdrop happened people started to sell their holdings, XRP is one of my favorite asset and now it has disappointed me as the price is dropping.

tvplus006

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Quote from: raidarksword on December 14, 2020, 02:44:59 AM

Is it true the given spark token for the snapshot will be only 15% and the rest will be on next year and it will be locked also? Correct me if am wrong and hope it will be worth it of the people bought it at a high price before the snapshot taken.

I think that these rules will be changed more than once. But it is obvious now that under the terms of airdrop, only 15% of the total amount will be credited at the time of creating the snapshot. The remaining interest will be calculated based on how many XRP coins you will continue to hold. Thus, those who immediately sold XRP coins after the snapshot can not expect to receive spark more than 15% of their deposit.

huiji2011

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Quote from: Andromed4 on December 11, 2020, 06:12:18 PM

the party has allrdy begun, im safe and took my profit. Ill buy up 5 minutes before the snap and sell again 5 min after and see what ii get in 2021 from flare/binance

What a fabulous operation, congratulation. Almost every time it is pump before snapshot, and down after snapshot quickly, but soon stable. The exchange i keep my XRP on it is not any of news about this Xrp - Spark snapshot, so pity for me.

zeingrind777

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Quote from: MCobian on December 14, 2020, 02:25:01 AM

There was no significant drop in the price of XRP when the Spark airdrop ended, so what many feared didn't happen.
It's true that XRP's price has dropped, but it's still in the normal category. Just now the XRP price is starting to recover quickly.
Indeed, the quality of XRP as a top 3 cryptocurrency is not in doubt. Even though the XRP event to get the Spark token ends,
but holding XRP is still very profitable. So I think holding XRP should be done, because based on my prediction the XRP price
will continue to rise. And it could reach a price of $ 1 in 2021.

I agree. XRP is indeed one of the cryptos that deserves to be stored in the long term. I didn't expect to get spark tokens. I have been holding XRP for a long time even though there was no token spark airdrop event. What I'm hoping for is increased mass adoption leading to price increases on XRP

raidarksword

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Is it true the given spark token for the snapshot will be only 15% and the rest will be on next year and it will be locked also? Correct me if am wrong and hope it will be worth it of the people bought it at a high price before the snapshot taken.

MCobian

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There was no significant drop in the price of XRP when the Spark airdrop ended, so what many feared didn't happen.
It's true that XRP's price has dropped, but it's still in the normal category. Just now the XRP price is starting to recover quickly.
Indeed, the quality of XRP as a top 3 cryptocurrency is not in doubt. Even though the XRP event to get the Spark token ends,
but holding XRP is still very profitable. So I think holding XRP should be done, because based on my prediction the XRP price
will continue to rise. And it could reach a price of $ 1 in 2021.

kapalmabur

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Quote from: darkphoenix2610 on December 14, 2020, 01:18:35 AM

The snapshot took place at the exact 00:00 UTC last December 12, 2020. And Ripple (XRP) was already ready to make transactions after the snapshot happened. And just as expected so many withdraw their XRP right after the snapshot which caused the huge dump of XRP price, but it's recovering a little now.

December 12th has passed, and the airdrop spark is over, the impact that has been on XRP was very clear,
before the snapshot happened, the XRP price had an incredible pump, 100% more, and now that the snapshot is over,
the XRP price has a dump 17 % during this week.

darkphoenix2610

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The snapshot took place at the exact 00:00 UTC last December 12, 2020. And Ripple (XRP) was already ready to make transactions after the snapshot happened. And just as expected so many withdraw their XRP right after the snapshot which caused the huge dump of XRP price, but it's recovering a little now.

kotajikikox

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Quote from: Andromed4 on December 11, 2020, 01:00:48 PM

Is the snapshot allready been taken? The reason I am asking is since some crypto articles are a little vague. I thought it would be 00:00 UTC this night right?

If some could clarify would be appreciated.

Thnx in advance!

Any news about the spark distribution?

Its been 2 days now but still no update from the exchange I'm holding lol.

Though ripple is still in bad shape so i can't decide yet to sell it all or just keep it for a while.

This airdrop don't even bring Hype to the ripple value instead the Bull od November is the one who brings it all to Pump reaching $0.75 at the most.

takngantuk

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Quote from: Bitcoin_Arena on December 11, 2020, 07:22:56 PM

Quote from: crzy on December 11, 2020, 06:54:36 PM

Mind the time difference and I think the update has already begun unfortunately our local wallet didn’t support the update so I have no choice but to only watch the party. Anyway, enjoy on profit taking and know when to exit the party, the price didn’t move that much though.

You should have used an exchange that supports the snapshot like Binance, Kucoin etc. It's always good to be prepared in advance. There was a mini dump but the price of XRP seems to be recovering from it. Perhaps because Bitcoin was rising at the same time

Seen how the dump started an hour before the snapshot as I said earlier on Cheesy

Yes you're right. yesterday there was a dump in the market maybe this is because of the effect of those who fear there will be a big dump and sell it. but today XRP is still stable at 0.5 $, if this continues until bitcoin dominance drops, there may be a price increase for XRP

gaston castano

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Exactly on 12 dec 00: 00 utc midnight a snapshot was taken, after which all those who hold ripple coins can sell their xrp if they store it on the exchange, as there are some exchanges that support and do not support the airdrop program.

zonefloor

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Quote from: Genemind on December 11, 2020, 07:38:49 PM

Quote from: zonefloor on December 11, 2020, 07:27:43 PM

I have no idea when to take snapshot. But I recommend that you sell your xrp after taking a snapshot. Because I think it will dump. If you want to keep xrp in your hand later, you can collect it after it falls. But if you want to make a profit on both sparktoken and xrp, I suggest you sell it.

It will surely fall, the hype on Spark is over and XRP didn't even reach the price they were expecting due to the hype. I hope holding XRP for the airdrop will be worth it. Only 15% of what users are holding will be released after the snap and the remainder will be distributed over the next 25 to 34 months.

As I mentioned in the previous post, I think it will also experience a decline. Sparks tokens will be distributed to so many people that I don't think it will make a significant amount of money. As you said, it did not come at the expected price. But I hope I am wrong and everyone earns money from this business.

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Quote from: slashz9 on December 12, 2020, 11:18:10 AM

already taken in 00.00 UTC than mean 16 hours ago, and after that in just 1 minute some people sell their XRP with total amount 1,5 million xrp.
that make market down for a while, and start recover after that,and will be distributed on january 2021 AFAIK.

It's expected to happen many whales already sell their coins before even the snopshot started.

Only small portion will be distributed in Q 1 of 2021 if im not mistaken it's around %15 will recieve in Q1 the other will take place after a year distributed it by portion to all holders of XRP before the snapshot. If you are not storing your xrp to supported exchange you will not recieve any fee token.

slashz9

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already taken in 00.00 UTC than mean 16 hours ago, and after that in just 1 minute some people sell their XRP with total amount 1,5 million xrp.
that make market down for a while, and start recover after that,and will be distributed on january 2021 AFAIK.

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Quote from: Iyeman on December 12, 2020, 10:08:15 AM

Quote from: Andromed4 on December 12, 2020, 07:45:18 AM

Quote from: cytpoway121 on December 12, 2020, 07:30:35 AM

Quote from: Andromed4 on December 11, 2020, 01:00:48 PM

Is the snapshot allready been taken? The reason I am asking is since some crypto articles are a little vague. I thought it would be 00:00 UTC this night right?

If some could clarify would be appreciated.

Thnx in advance!

The snapshot already happened today the 12th of december 2020; at 12 am prompt (utc). And more importantly, it means that as at the time of the snapshot (i.e 12:00 utc) you must hodl ripple either in your storage (wallets, cold storage etc) or the supported exchange platforms for the airdrop. I conducted my own at the okex exchange where i held my ripple; and i took profits already too from ripple. Its a win win for me

I noticed a little sell off between 23:00 and 23:24ish UTC (not sure if people where confused about the snapshot time or it had something to do with time zones). Ive sold some of mine (with a bit of panic) at 23:06 UTC. Ive bought myself in again on 23:58 UTC and sold again around 00:03 UTC time because there was another mini sell off exactly at 00:01UTC. So anyhow if I am correct and/or lucky (whatever spark may be worth when its on the market) Im "Snapshotted xD" with a loss of around 50 dollars but I made a profit hours before the snapshot the same day. So I will see what will be dropped between Q1 and Q2 in 2021.

Thnx for the insights

It's starting to go down again right now https://coinmarketcap.com/currencies/xrp/
another 15% down for XRP in a day. Just hope the price of spark token will be worth a few cents and that will worth with your effort and lose.
people are starting to short the market right now. I wonder what will be happening with the price of XRP in the next days started from now.

Don't worry about the price of the spark since they decided to control the release of the airdrop token into tranches distribution. I'm not expecting that spark token price will fall below XRP price. The real problem here was people that losing on there XRP holdings will have a longer waiting time to recover that loss using there spark token since it may take a year or more to get all the airdrop token. But the good news is the price might skyrocket by the time they get 100% airdrop.

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Quote from: Andromed4 on December 12, 2020, 07:45:18 AM

Quote from: cytpoway121 on December 12, 2020, 07:30:35 AM

Quote from: Andromed4 on December 11, 2020, 01:00:48 PM

Is the snapshot allready been taken? The reason I am asking is since some crypto articles are a little vague. I thought it would be 00:00 UTC this night right?

If some could clarify would be appreciated.

Thnx in advance!

The snapshot already happened today the 12th of december 2020; at 12 am prompt (utc). And more importantly, it means that as at the time of the snapshot (i.e 12:00 utc) you must hodl ripple either in your storage (wallets, cold storage etc) or the supported exchange platforms for the airdrop. I conducted my own at the okex exchange where i held my ripple; and i took profits already too from ripple. Its a win win for me

I noticed a little sell off between 23:00 and 23:24ish UTC (not sure if people where confused about the snapshot time or it had something to do with time zones). Ive sold some of mine (with a bit of panic) at 23:06 UTC. Ive bought myself in again on 23:58 UTC and sold again around 00:03 UTC time because there was another mini sell off exactly at 00:01UTC. So anyhow if I am correct and/or lucky (whatever spark may be worth when its on the market) Im "Snapshotted xD" with a loss of around 50 dollars but I made a profit hours before the snapshot the same day. So I will see what will be dropped between Q1 and Q2 in 2021.

Thnx for the insights

It's starting to go down again right now https://coinmarketcap.com/currencies/xrp/
another 15% down for XRP in a day. Just hope the price of spark token will be worth a few cents and that will worth with your effort and lose.
people are starting to short the market right now. I wonder what will be happening with the price of XRP in the next days started from now.

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Quote from: cytpoway121 on December 12, 2020, 07:30:35 AM

Quote from: Andromed4 on December 11, 2020, 01:00:48 PM

Is the snapshot allready been taken? The reason I am asking is since some crypto articles are a little vague. I thought it would be 00:00 UTC this night right?

If some could clarify would be appreciated.

Thnx in advance!

The snapshot already happened today the 12th of december 2020; at 12 am prompt (utc). And more importantly, it means that as at the time of the snapshot (i.e 12:00 utc) you must hodl ripple either in your storage (wallets, cold storage etc) or the supported exchange platforms for the airdrop. I conducted my own at the okex exchange where i held my ripple; and i took profits already too from ripple. Its a win win for me

I noticed a little sell off between 23:00 and 23:24ish UTC (not sure if people where confused about the snapshot time or it had something to do with time zones). Ive sold some of mine (with a bit of panic) at 23:06 UTC. Ive bought myself in again on 23:58 UTC and sold again around 00:03 UTC time because there was another mini sell off exactly at 00:01UTC. So anyhow if I am correct and/or lucky (whatever spark may be worth when its on the market) Im "Snapshotted xD" with a loss of around 50 dollars but I made a profit hours before the snapshot the same day. So I will see what will be dropped between Q1 and Q2 in 2021.

Thnx for the insights

swordking

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Quote from: zonefloor on December 11, 2020, 07:27:43 PM

I have no idea when to take snapshot. But I recommend that you sell your xrp after taking a snapshot. Because I think it will dump. If you want to keep xrp in your hand later, you can collect it after it falls. But if you want to make a profit on both sparktoken and xrp, I suggest you sell it.

That would be wiser advice to make a profit from this opportunity. Because after the snapshot people would going to dump it very hard. So selling spark token along with XRP would be a wiser move at the moment for the XRP holders and after the dump, if you should have to buy it back then you could do it, and so selling it after a certain time later can benefit you.

tvplus006

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Quote from: fishbonez11 on December 12, 2020, 07:13:10 AM

Luckily the price did not fall at an instant. In the past few days, XRP is just going with how the Bitcoin price goes. If Bitcoin doesn't rise today, surely XRP will hit its rock bottom. I'll just finish this hype and I'll buy XRP again. Lets see how the price will go after this event

At the time when the price of XRP began to decline after the snapshot, the price of NEM (XEM) in contrast began to increase. Over the past 12 hours, the value of the coin has already increased by 25%. This is similar to the fact that there is now a transfer of money from XRP to NEM to participate in the upcoming airdrop, which will take place on January 14. Binance exchange has already supported this airdrop for NEM (XEM) holders): https://www.binance.com/en/support/articles/983a85523b36455b8d802b2c3723fa5f

cytpoway121

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Quote from: Andromed4 on December 11, 2020, 01:00:48 PM

Is the snapshot allready been taken? The reason I am asking is since some crypto articles are a little vague. I thought it would be 00:00 UTC this night right?

If some could clarify would be appreciated.

Thnx in advance!

The snapshot already happened today the 12th of december 2020; at 12 am prompt (utc). And more importantly, it means that as at the time of the snapshot (i.e 12:00 utc) you must hodl ripple either in your storage (wallets, cold storage etc) or the supported exchange platforms for the airdrop. I conducted my own at the okex exchange where i held my ripple; and i took profits already too from ripple. Its a win win for me

IkonaDro4ku

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I didn't even think to participate in this drop but here I am in it and all because of the fall in the price of ripple.
do you think soon ripple will cost 60 cents again?
And what do you think the price of this token will be?

fishbonez11

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Quote from: zonefloor on December 11, 2020, 07:27:43 PM

I have no idea when to take snapshot. But I recommend that you sell your xrp after taking a snapshot. Because I think it will dump. If you want to keep xrp in your hand later, you can collect it after it falls. But if you want to make a profit on both sparktoken and xrp, I suggest you sell it.

Luckily the price did not fall at an instant. In the past few days, XRP is just going with how the Bitcoin price goes. If Bitcoin doesn't rise today, surely XRP will hit its rock bottom. I'll just finish this hype and I'll buy XRP again. Lets see how the price will go after this event

raidarksword

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Quote from: cabron on December 11, 2020, 01:26:23 PM

Too excited to dump your XRP? Grin

Wake up by this time December 12 2020 at approximately 12 am UTC.

I sure would expect the XRP will drop down to $0.24 less than an hour after the snapshot. Its the reason why XRP spike and why many had tried buying the XRP is all because of it.

I hope they won't change their minds that they will not distribute Flare tokens when XRP isn't inside their wallets anymore or else Spark is a bitch

For sure xrp holders are glued in their monitors now and watching any moves in the market. It is expected to go down because of the hype of spark airdrop brought to the community and majority of people wants to take profit after the snapshot is complete. I hope spark airdrop will not dismay people who bought xrp at higher price.

Akiko

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Quote from: Bitstar_coin on December 12, 2020, 04:14:04 AM

I always knew that will be the end result after the snapshot has been taken, a massive sell off, it was obviously clear that it was because of the airdrop the price of xrp pump that high in the first place, I hope the spark airdrop will be worth otherwise it will be a waste.

Actually they only use The airdrop to create hype and increase the price of XRP they even give fake prediction of the price of XRP around social media platform that's why many believe that was true. It's only use so other holders and bankers can sell their xrp on top and leave the market after. I even think that they already sold their coins before the snapshot happen that why it's hard for the price to increase.

peter0425

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Quote from: Indymoney on December 11, 2020, 01:02:25 PM

No because I have an email from Krackan here is all details about this.

Quote

The snapshot of XRP balances takes place on December 12 2020 at approximately 12 am UTC (the first validated XRP ledger with a timestamp greater than or equal to 00:00 UTC on December 12 2020)

Thanks for this mate since Binance has no update about this time schedule i assume also that this is 00:00 UTC.

have checked my wallet but nothing happens lol.

Waiting for the last 2 hours,and let's see what is the faith of ripples price now.

inanilujimi

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It has been more than 9 hours of snapshots and the price of XRP continues to fall, hopefully the airdrop will be worth it later, even though only 15% will be distributed next year and more than 2 years for holders to get 100% of the results of airdrop spark.

lobo13hf

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Quote from: zonefloor on December 11, 2020, 07:27:43 PM

I have no idea when to take snapshot. But I recommend that you sell your xrp after taking a snapshot. Because I think it will dump. If you want to keep xrp in your hand later, you can collect it after it falls. But if you want to make a profit on both sparktoken and xrp, I suggest you sell it.

Some people have been giving the detail about when the snapshoot will be taken. So many holders prepared their XRP on exchange site to did a flash dump to the XRP market. It seems like the impact caused by the snapshot already appeared. The market will be turning into the bearish trend. Every XRP holders must be careful with this.
This could be a big flash dump for XRP because they whales will be liquidated their money.

Bitstar_coin

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I always knew that will be the end result after the snapshot has been taken, a massive sell off, it was obviously clear that it was because of the airdrop the price of xrp pump that high in the first place, I hope the spark airdrop will be worth otherwise it will be a waste.

kayvie

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Quote from: Bitcoin_Arena on December 11, 2020, 07:22:56 PM

Quote from: crzy on December 11, 2020, 06:54:36 PM

Mind the time difference and I think the update has already begun unfortunately our local wallet didn’t support the update so I have no choice but to only watch the party. Anyway, enjoy on profit taking and know when to exit the party, the price didn’t move that much though.

You should have used an exchange that supports the snapshot like Binance, Kucoin etc. It's always good to be prepared in advance. There was a mini dump but the price of XRP seems to be recovering from it. Perhaps because Bitcoin was rising at the same time

Seen how the dump started an hour before the snapshot as I said earlier on Cheesy

That's true, if you hold your xrp in a wallet, the possibility that your funds to get trap is high.
We have witnessed the sudden dump in the price of xrp at exactly the time the snapshot. Many holders have sold their xrp right away without any hesitation.

Genemind

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Quote from: zonefloor on December 11, 2020, 07:27:43 PM

I have no idea when to take snapshot. But I recommend that you sell your xrp after taking a snapshot. Because I think it will dump. If you want to keep xrp in your hand later, you can collect it after it falls. But if you want to make a profit on both sparktoken and xrp, I suggest you sell it.

It will surely fall, the hype on Spark is over and XRP didn't even reach the price they were expecting due to the hype. I hope holding XRP for the airdrop will be worth it. Only 15% of what users are holding will be released after the snap and the remainder will be distributed over the next 25 to 34 months.

zonefloor

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I have no idea when to take snapshot. But I recommend that you sell your xrp after taking a snapshot. Because I think it will dump. If you want to keep xrp in your hand later, you can collect it after it falls. But if you want to make a profit on both sparktoken and xrp, I suggest you sell it.

rdluffy

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I'm trying to find reliable information, but I'm doubt Huh

Already bought some XRP on Binance, 10 minutes before 12am UTC, but not sure about the exact time it's good to sell, there some info on website:

Quote

"When is the Snapshot date?
The first validated XRP ledger with a timestamp greater than or equal to 00:00 GMT on 12th December 2020."

Source: https://flare.ghost.io/claiming-spark-faq/

I'll wait a little more, but I don't think market will dump a lot of XRP because we are in a good moment and market cap is growing
I'll try to find if the snapshop is already done

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Quote from: crzy on December 11, 2020, 06:54:36 PM

Mind the time difference and I think the update has already begun unfortunately our local wallet didn’t support the update so I have no choice but to only watch the party. Anyway, enjoy on profit taking and know when to exit the party, the price didn’t move that much though.

You should have used an exchange that supports the snapshot like Binance, Kucoin etc. It's always good to be prepared in advance. There was a mini dump but the price of XRP seems to be recovering from it. Perhaps because Bitcoin was rising at the same time

Seen how the dump started an hour before the snapshot as I said earlier on Cheesy

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Quote from: Andromed4 on December 11, 2020, 06:12:18 PM

the party has allrdy begun, im safe and took my profit. Ill buy up 5 minutes before the snap and sell again 5 min after and see what ii get in 2021 from flare/binance

There is some quite disturbing on my side because according to the statement of the binance so in this case, there is a chance that our funds do not credit right now if we already pulled it out within for example is 12:00-12:30 UTC?

I'm hoping they already snap with the time of 12:00 because it's too hard to wait on the market if they still hold with the market price of the xrp which is 0.52 right now 12:14 UTC after the 12:00 the price of the xrp rapidly decreasing and there is a chance it will go for another dump.

crzy

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Mind the time difference and I think the update has already begun unfortunately our local wallet didn’t support the update so I have no choice but to only watch the party. Anyway, enjoy on profit taking and know when to exit the party, the price didn’t move that much though.

jossiel

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Quote from: Andromed4 on December 11, 2020, 02:04:33 PM

im allmost 24/7 monitoring my portfolio's, got my notifications. I made a great profit in the bullrun from 2017 when I bought xrp at 0,07 toward $3+. Not afraid to lose some for this airdrop. I'm going easy on binance btw. Just sitting back cyberpunking and waiting for the Snapshot Tongue

, cheers

You have nothing to lose man, you are in good shape woth this airdrop and even holding your XRP.

Quote from: Andromed4 on December 11, 2020, 06:12:18 PM

the party has allrdy begun, im safe and took my profit. Ill buy up 5 minutes before the snap and sell again 5 min after and see what ii get in 2021 from flare/binance

Very well done.

You know how it really works when it comes to these forks. That's quick buck that you've got.

plr

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Quote from: cabron on December 11, 2020, 01:26:23 PM

Too excited to dump your XRP? Grin

Wake up by this time December 12 2020 at approximately 12 am UTC.

I sure would expect the XRP will drop down to $0.24 less than an hour after the snapshot. Its the reason why XRP spike and why many had tried buying the XRP is all because of it.

I hope they won't change their minds that they will not distribute Flare tokens when XRP isn't inside their wallets anymore or else Spark is a bitch

They won't change their mind it's already a commitment for those who participate or else they will lose their reputation, their is no rule that you cannot sell your XRP after the snap shot is over they will become the top coin that did not honor their commitment so I'm sure they will proceed with the distribution.

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Quote from: Irdina on December 11, 2020, 03:54:37 PM

sell your XRP after the snapshot, that's what a lot of people do. and buy again at a low price then you will get multiple benefits. because later after the XRP price snapshot will fall in, take advantage of this moment to look for profits. so you can get airdrops and benefit from XRP. it will make you happy.

well I think the price of XRP has collapsed first before the snapshot occurs because usually it is used by many whales to play with the price by raising it earlier after that it will make the price collapse before the snapshot occurs, and you can see that the price collapses, hopefully the Spark price is more expensive than the price of XRP to keep it profitable.

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the party has allrdy begun, im safe and took my profit. Ill buy up 5 minutes before the snap and sell again 5 min after and see what ii get in 2021 from flare/binance

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Duelbits.com

Quote from: Google+ on December 11, 2020, 05:57:14 PM

Quote from: Irdina on December 11, 2020, 03:54:37 PM

sell your XRP after the snapshot, that's what a lot of people do. and buy again at a low price then you will get multiple benefits. because later after the XRP price snapshot will fall in, take advantage of this moment to look for profits. so you can get airdrops and benefit from XRP. it will make you happy.

well I think the price of XRP has collapsed first before the snapshot occurs because usually it is used by many whales to play with the price by raising it earlier after that it will make the price collapse before the snapshot occurs, and you can see that the price collapses, hopefully the Spark price is more expensive than the price of XRP to keep it profitable.

Buy the news and sell the fact Wink

The whales and market makers know the market psychology and they will dump the pre-bought XRP to the new investors who late to the party as usual. The price will crash sooner than they will be able to place a sell stop order which will not be executed due to the natural volatility nature of the crypto markets.

Bitcoin_Arena

copper member

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฿itcoin for all, All for ฿itcoin.

Quote from: cabron on December 11, 2020, 01:26:23 PM

I sure would expect the XRP will drop down to $0.24 less than an hour after the snapshot. Its the reason why XRP spike and why many had tried buying the XRP is all because of it.

I am actually surprised it hasn't dumped yet, but I have a very high feeling it will dump an hour or 30 minutes right before the snapshot. The Reason being, not everyone is holding XRP for the airdrop. Some whales have probably realized a lot of profits and it's about time to cash out before other holders start dumping right after the snapshot.
I saw this kind of thing happen with the recent BCH fork event. It's all about psychology.

Irdina

full member

Activity: 502

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TheFutbolCoin

sell your XRP after the snapshot, that's what a lot of people do. and buy again at a low price then you will get multiple benefits. because later after the XRP price snapshot will fall in, take advantage of this moment to look for profits. so you can get airdrops and benefit from XRP. it will make you happy.

Stedsm

legendary

Activity: 3052

Merit: 1273

Quote from: Andromed4 on December 11, 2020, 02:04:33 PM

im allmost 24/7 monitoring my portfolio's, got my notifications. I made a great profit in the bullrun from 2017 when I bought xrp at 0,07 toward $3+. Not afraid to lose some for this airdrop. I'm going easy on binance btw. Just sitting back cyberpunking and waiting for the Snapshot Tongue

, cheers

I don't think that you'll lose anything even during this time when almost all alts are showing a great run towards making their new ATHs. XRP looks like being on a spree towards getting a hold above $1 if BTC stabilizes at some level. And I truly don't believe that Spark will be left anywhere behind, so a win-win. Just hodl after the snapshot because there's a possibility people will dump down XRP just to re-enter it a bit lower.

tippytoes

sr. member

Activity: 1988

Merit: 275

Quote from: cabron on December 11, 2020, 01:26:23 PM

Too excited to dump your XRP? Grin

Wake up by this time December 12 2020 at approximately 12 am UTC.

I sure would expect the XRP will drop down to $0.24 less than an hour after the snapshot. Its the reason why XRP spike and why many had tried buying the XRP is all because of it.

I hope they won't change their minds that they will not distribute Flare tokens when XRP isn't inside their wallets anymore or else Spark is a bitch

I have read in several exchanges that you just need to wait for the completion of their snapshot and you're good to go. So it means, you can sell your XRP right after the snapshot is over. And it depends on your exchange, you need to check their announcements before you trade your XRP, or you will not be eligible for SPRK airdrop. I'm following this also as I have XRP in one of the supported exchanges, and planning to sell right after as I have the feeling that it will really go down after this snapshot.

Andromed4

newbie

Activity: 63

Merit: 0

im allmost 24/7 monitoring my portfolio's, got my notifications. I made a great profit in the bullrun from 2017 when I bought xrp at 0,07 toward $3+. Not afraid to lose some for this airdrop. I'm going easy on binance btw. Just sitting back cyberpunking and waiting for the Snapshot Tongue

, cheers

cabron

hero member

Activity: 2800

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https://www.betcoin.ag

Too excited to dump your XRP? Grin

Wake up by this time December 12 2020 at approximately 12 am UTC.

I sure would expect the XRP will drop down to $0.24 less than an hour after the snapshot. Its the reason why XRP spike and why many had tried buying the XRP is all because of it.

I hope they won't change their minds that they will not distribute Flare tokens when XRP isn't inside their wallets anymore or else Spark is a bitch

Andromed4

newbie

Activity: 63

Merit: 0

Ah great, thnx for the fast reply. Take care man!

Indymoney

full member

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Quote from: Andromed4 on December 11, 2020, 01:00:48 PM

Is the snapshot allready been taken? The reason I am asking is since some crypto articles are a little vague. I thought it would be 00:00 UTC this night right?

If some could clarify would be appreciated.

Thnx in advance!

No because I have an email from Krackan here is all details about this.

Quote

The snapshot of XRP balances takes place on December 12 2020 at approximately 12 am UTC (the first validated XRP ledger with a timestamp greater than or equal to 00:00 UTC on December 12 2020)

Andromed4

newbie

Activity: 63

Merit: 0

Is the snapshot allready been taken? The reason I am asking is since some crypto articles are a little vague. I thought it would be 00:00 UTC this night right?

If some could clarify would be appreciated.

Thnx in advance!

Topic: Xrp - Spark snapshot (Read 539 times)