XRP - yes or no? - page 18. | Bitcointalksearch.org

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Quote from: mich on March 03, 2023, 01:41:35 AM

Binance Exchange is going to launch secure xrp Staking this month. I got a email yesterday about this and want to claim my spot. 8800 confirmed accounts only will have access.

Rewards are nice. The rewards are 10% to 25% for first cohorts of users. It is for current XRP balance and additional returns for the initial campaign. https://www.binance.com/en/earn/xrp

I do not know how good this would be though, it is something they should delist, not promote this way. I understand that they are only caring about their profits, and that is understandable because after all they are a company and the number one priority of any company is to make sure that they make a profit and not like what they are doing is illegal neither, they could do it and they wouldn't have to care.

However, one thing is uncertain right now, we are not entirely sure what is going to happen if we keep this XRP promotion going, because in the end if Ripple gets into trouble with the law, XRP will crash and that would be bad for everyone.

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I also thought for a moment that XRP was dead but we should not forget an important detail. The MICA regulation law in Europe is coming and should be effective in the coming year (in theory, after that nobody can really know when it will be effective because even when it comes into force there will be a 12 months "grace period" to allow CEX and other actors in the sector to adapt themselves to the new regulation).

XRP is part of the cryptos that are compliant with the ISO 200022 standard and these will be privileged and their use accepted automatically by the MICA law. This is also true for IOTA, or HBAR for example.
That's why I think XRP can still have some nice pumps ahead of it. Being a crypto that is already compliant with such extreme regulations as MICA is clearly an advantage, and many companies may turn to these solutions at least for a while for ease and convenience.

I don't know what the future holds for XRP, but I'm pretty optimistic about new pumps to come.

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Quote from: mdzahed134 on February 22, 2023, 03:03:00 PM

Quote from: Shobhikhan_007 on February 07, 2023, 11:40:23 PM

No, because xrp already dead project. Only youtube influencers make hype. Just better avoid it and invest anothrr good project like chz, sand, rndr.

Seriously? You know XRP is almost 40 billion of dollars total marketcap how it’s a dead project as you thought i don’t know. It’s a too old project and still it’s hold top six ranks in the market. Although they're fighting with SEC, but i hope it will win. I think it's not bad to invest even from CHZ,RNDR & SAND.

I'm not and I'm not sure that XRP is dead, as you said, friend, with a large enough market capitalization, of course, it means that XRP still exists and continues to exist today. remember there are still many who continue to invest in xrp even though there are still problems that occur and I am as sure as you friends, that the xrp problem will end soon and xrp can win this battle.
so there's no need to hesitate as you said when it comes to investing in other projects and XRP is still very promising and all the problems that occur will be overcome.

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Quote from: mich on March 03, 2023, 01:41:35 AM

Binance Exchange is going to launch secure xrp Staking this month. I got a email yesterday about this and want to claim my spot. 8800 confirmed accounts only will have access.

Rewards are nice. The rewards are 10% to 25% for first cohorts of users. It is for current XRP balance and additional returns for the initial campaign. https://www.binance.com/en/earn/xrp

There is talk about Ripple almost every day. Somewhere in Indonesia, Ripple is introducing banking payments, or they are partnering with Dubai. Or Binance is opening a stacking. But still the most important case has not been resolved yet - it is not clear who will win in court, Ripple or the SEC. If Ripple loses the court, all these partnerships will go down the drain.

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A few days ago, Ripple's attorney, John Deaton, hinted at the chances of Ripple winning its case against the SEC with a fine. If this news is true, we will certainly witness a significant movement and a very important rise in the price of XRP.

Despite this positive news, the issue has not been resolved yet, so there is a risk of entering with large sums. It is better to enter with part of the capital only.

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Quote from: Kemarit on March 02, 2023, 09:42:01 PM

Quote from: blockman on March 02, 2023, 07:22:02 PM

I'd like to say just as what others thinking about taking just for a few but not entirely bag-holding it. If you think that there's sort of big thing that will be affected positively then take a few so that you won't just miss it. You don't have to believe the positive news that comes out specific for it or any other altcoin because those are just buzz makers trying to give some little pump to a coin. So to answer it with yes or no, yes but just minimal for how much you think is worth to be in it. But if you think that it won't do much for you then just take it as a no then.

And it means it hard to answer though, I mean at some point we all know that XRP used to be a good project to begin with, they are even behind BTC and ETH for a long time. But then we also know that they are a bankers crpyto, centralized at the very definition and that's why there are inventors who shy away from XRP even if it looks very solid. So really depends on how you will look at it from the outside, so yeah, maybe it's not that bad to have some in your portfolio, but not to big that it will be in the majority, IMHO.

If it's just for investment without any feeling of being against to what crypto should be, I agree that it all depends on how we look at it.
There are people that don't want to invest into projects that goes against with what cryptos are all about and so if it's a centralized project, it's more likely being dumped and ignored by them. But then if it's all about the possibility to make a profit, that changes and its standards based on how you look at the situation of this coin and also your capacity.

mich

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Binance Exchange is going to launch secure xrp Staking this month. I got a email yesterday about this and want to claim my spot. 8800 confirmed accounts only will have access.

Rewards are nice. The rewards are 10% to 25% for first cohorts of users. It is for current XRP balance and additional returns for the initial campaign. https://www.binance.com/en/earn/xrp

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Quote from: blockman on March 02, 2023, 07:22:02 PM

I'd like to say just as what others thinking about taking just for a few but not entirely bag-holding it. If you think that there's sort of big thing that will be affected positively then take a few so that you won't just miss it. You don't have to believe the positive news that comes out specific for it or any other altcoin because those are just buzz makers trying to give some little pump to a coin. So to answer it with yes or no, yes but just minimal for how much you think is worth to be in it. But if you think that it won't do much for you then just take it as a no then.

And it means it hard to answer though, I mean at some point we all know that XRP used to be a good project to begin with, they are even behind BTC and ETH for a long time. But then we also know that they are a bankers crpyto, centralized at the very definition and that's why there are inventors who shy away from XRP even if it looks very solid. So really depends on how you will look at it from the outside, so yeah, maybe it's not that bad to have some in your portfolio, but not to big that it will be in the majority, IMHO.

blockman

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I'd like to say just as what others thinking about taking just for a few but not entirely bag-holding it. If you think that there's sort of big thing that will be affected positively then take a few so that you won't just miss it. You don't have to believe the positive news that comes out specific for it or any other altcoin because those are just buzz makers trying to give some little pump to a coin. So to answer it with yes or no, yes but just minimal for how much you think is worth to be in it. But if you think that it won't do much for you then just take it as a no then.

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Quote from: AmoreJaz on February 22, 2023, 04:48:27 PM

Quote from: mich on February 22, 2023, 02:27:15 AM

Well here is some more 'bullish' news for xrp. The red green blue is showing for a Mega Pump based on Judges ruling in SEC lawsuit.
The ruling from the Judge is going to come end of March I have read. If its a favorable ruling xrp can go to Green 1. If it is not favorable we must wait for Green 2. https://ambcrypto.com/xrp-fueled-upward-by-bullish-sentiment-is-another-5-move-upward-likely/

if the OP is really interested on holding xrp, better keep up with their updates and what's happening with their SEC's issues. i use xrp for transfer purposes from time to time, but not to the point of holding it long term as for me, it is high risk because they are not yet settled with SEC. it depends on you as investor. you can hold it short term and wait for the next ruling, and sell off if they pump. otherwise, if you can't keep up, better not to hold.

I think that's where everyone is looking at, the case against SEC. If by chance they win this case then it could be a favorable pump for them because that is really a good news, not just for XRP, but for crypto in general because that will be the first time that we will see a crypto project winning against SEC, so that will be a landmark judgement.

And with that, we really need to wait for the official result of such case before we think that XRP will go to the moon or at least still be in the top of the crypto ladder and then see how it will do in the next bull run.

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Quote from: mdzahed134 on February 22, 2023, 03:03:00 PM

Seriously? You know XRP is almost 40 billion of dollars total marketcap how it’s a dead project as you thought i don’t know. It’s a too old project and still it’s hold top six ranks in the market. Although they're fighting with SEC, but i hope it will win. I think it's not bad to invest even from CHZ,RNDR & SAND.

Market cap is not an indication of a coin's level of success. It's just a way to determine a coin's value based on current market price and circulating supply. The only reason why XRP is in the top ranks in market cap, it's because of the partnerships the Ripple company has made with banks over the years. Whales are keeping it afloat, even though it's "centralized garbage".

I wouldn't expect XRP to have a future unless it puts its attention on decentralization and censorship-resistance. People are free to invest in any crypto coin, so only time will tell us how far will XRP go. As long as decentralization wins, nothing else matters. Just my thoughts Grin

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Quote from: nakamura12 on February 22, 2023, 05:23:31 PM

If that's the case that you are afraid to lose money then don't invest or get involved in XRP but if you are not and yet still not want to lose lots of money then use a portion of your money that you can afford to lose. In that way, if it won't go the way you have hoped then you will only lose small amount of your money instead of losing more than the amount you have invested. If it's a win then a profit for you which is good even though you didn't invest with the money you want to but it's still profit.

Doubts can lead to undesirable decisions and losses, it is better not to try if this is really on our mind.
XRP is not really a profitable project but on the other side, this gives also a chance for some traders to lessen their transaction costs which I have also been using. I can't say it was a bad choice but must also consider the thing that "there are more profitable coins out there" which is worth enough than this.

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Quote from: JamesDaniel90 on February 03, 2023, 04:01:47 AM

Up until now I have not really thought about getting involved with XRP however have been doing more research and if they win the case feel it could really do well.

With a market cap of $21m already, how high can this really go if all goes well?

Think I may start to DCA into it and if it does win the case then who knows how high it can go, wouldn’t be surprised if it still did a 15x or more from current price.

Are you for or against XRP?

If there is one to pick from Centralized or decentralized then I will choose decentralized and Ripple is centralized so we don't know what will happen to it in long term, even though it managed to survive strict regulations and lot of falls it can tear apart in any time.

So go for something better and don't just look at the price, technical analysis cause the fundamental should be ticked before going all other aspects and for me its no to Ripple.

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If that's the case that you are afraid to lose money then don't invest or get involved in XRP but if you are not and yet still not want to lose lots of money then use a portion of your money that you can afford to lose. In that way, if it won't go the way you have hoped then you will only lose small amount of your money instead of losing more than the amount you have invested. If it's a win then a profit for you which is good even though you didn't invest with the money you want to but it's still profit.

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Quote from: mich on February 22, 2023, 02:27:15 AM

Well here is some more 'bullish' news for xrp. The red green blue is showing for a Mega Pump based on Judges ruling in SEC lawsuit.
The ruling from the Judge is going to come end of March I have read. If its a favorable ruling xrp can go to Green 1. If it is not favorable we must wait for Green 2. https://ambcrypto.com/xrp-fueled-upward-by-bullish-sentiment-is-another-5-move-upward-likely/

if the OP is really interested on holding xrp, better keep up with their updates and what's happening with their SEC's issues. i use xrp for transfer purposes from time to time, but not to the point of holding it long term as for me, it is high risk because they are not yet settled with SEC. it depends on you as investor. you can hold it short term and wait for the next ruling, and sell off if they pump. otherwise, if you can't keep up, better not to hold.

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Quote from: Shobhikhan_007 on February 07, 2023, 11:40:23 PM

No, because xrp already dead project. Only youtube influencers make hype. Just better avoid it and invest anothrr good project like chz, sand, rndr.

Seriously? You know XRP is almost 40 billion of dollars total marketcap how it’s a dead project as you thought i don’t know. It’s a too old project and still it’s hold top six ranks in the market. Although they're fighting with SEC, but i hope it will win. I think it's not bad to invest even from CHZ,RNDR & SAND.

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Quote from: romero121 on February 21, 2023, 07:39:37 PM

Quote from: fzkto on February 21, 2023, 10:47:23 AM

Quote from: mich on February 21, 2023, 04:06:17 AM

Well some 'bullish' news for us xrp hodlers. Ripple is going to plan to expand to the UAE. Dubai based Joyalukkas Exchange managing director is meeting with Ripple employees to bring cross boarder payments to this part of the world.
Xrp is now past $20 billion marketcap. https://bitcoinist.com/ripple-expands-uae-payments-provider-use-xrp/

20 billion dollars is a huge capitalisation for a project that is hardly used anywhere. Ripple regularly announces some kind of partnership and cross-border payments, but in reality I have not yet heard of any successful outcome of such payments. But I also think that if ripple is consistently in the top 10 coinmarketcap, it's probably for a reason.

Often we were able to see good partnering with different ventures. In specific most of the partnering were with the financial service providers. We don't know how this is getting used, because it is their internal thing. As per the information available on the internet I was able to understand that the ripple network is being used by the large financial institutions for transaction needs. As said being on the top 10 of coinmarketcap isn't possible without reason. That itself enough to give us the understanding that XRP is a potential project amidst the critics and its centralised stature.

I don't know how ripple is used by banks or other financial institutions. I have only heard about partnerships, but I could never find information about the technology or actual implementation of ripple. They've been talking about it for a while now, but so far they have real problems with the SEC, so I don't think anyone wants to get involved with them until those problems go away.

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Quote from: fzkto on February 21, 2023, 10:47:23 AM

20 billion dollars is a huge capitalisation for a project that is hardly used anywhere. Ripple regularly announces some kind of partnership and cross-border payments, but in reality I have not yet heard of any successful outcome of such payments. But I also think that if ripple is consistently in the top 10 coinmarketcap, it's probably for a reason.

XRP is manipulated like crazy. Whales are keeping it in the top ranks in market cap for some reason. It could be the Ripple company itself with its XRP holdings. I really don't see any real use case for this coin, especially when it's heavily-centralized. Using XRP would be no different than using any regular bank. Your funds can easily get frozen and confiscated at will. Consider how Ripple was able to easily freeze McCaleb's tokens on the XRP ledger. This wouldn't had been possible if XRP was as decentralized and censorship-resistant as its proponents claim it to be.

There are so many people following XRP, when they truly don't know what's hidden behind the scenes. They will be sorry in the long run, when Ripple ceases its operations for good. Without Ripple (the company), I fail to see how XRP will survive. Who knows if it dies faster than we've ever imagined? Just my thoughts Grin

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Well here is some more 'bullish' news for xrp. The red green blue is showing for a Mega Pump based on Judges ruling in SEC lawsuit.
The ruling from the Judge is going to come end of March I have read. If its a favorable ruling xrp can go to Green 1. If it is not favorable we must wait for Green 2. https://ambcrypto.com/xrp-fueled-upward-by-bullish-sentiment-is-another-5-move-upward-likely/

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Quote from: fzkto on February 21, 2023, 10:47:23 AM

Quote from: mich on February 21, 2023, 04:06:17 AM

Well some 'bullish' news for us xrp hodlers. Ripple is going to plan to expand to the UAE. Dubai based Joyalukkas Exchange managing director is meeting with Ripple employees to bring cross boarder payments to this part of the world.
Xrp is now past $20 billion marketcap. https://bitcoinist.com/ripple-expands-uae-payments-provider-use-xrp/

20 billion dollars is a huge capitalisation for a project that is hardly used anywhere. Ripple regularly announces some kind of partnership and cross-border payments, but in reality I have not yet heard of any successful outcome of such payments. But I also think that if ripple is consistently in the top 10 coinmarketcap, it's probably for a reason.

Often we were able to see good partnering with different ventures. In specific most of the partnering were with the financial service providers. We don't know how this is getting used, because it is their internal thing. As per the information available on the internet I was able to understand that the ripple network is being used by the large financial institutions for transaction needs. As said being on the top 10 of coinmarketcap isn't possible without reason. That itself enough to give us the understanding that XRP is a potential project amidst the critics and its centralised stature.

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