Ripple (XRPUSD)

[trunkmonk]

just like every other market bubble, the Ripple effect is coming, but not like they think. they are so used to watching a stock go up without understanding anything about why or market and economic forces behind it. so when they used to turn PC on and watch, they watch it go up, they are happy. so they now think they can turn on PC and its supposed to go up and when it dont they somehow feel good, maybe something they ate, and somehow know it going up, because when they used to watch it, it eventually went up. and like every bubble popping in history, there was gnashing and grinding of teeth. they all get angry and blame someone.

[Brokemillwright]

The answer to that question is literally your name.

[Dogger05]

Well there is a limit if it’s stable to a certain asset and the limit is the value of the asset. So with xrp, for example, I can see it having utility in the trade finance world, which is worth Aprox $20 trillion USD annually so if xrp were to become the sole medium of exchange in trade finance then its market value would theoretically be 20 trillion. But that wouldn’t make it a stable coin, it would be a utility coin.

[delerious1]

So why do folks expect a coin to go ballistic if and when accepted...isn't there a limit to how high it could go?

[Dogger05]

Well ok, I still don’t understand but I’ll play along for a bit. A stable coin by definition is stable to some other asset, mostly fiat currency. What is the other asset that the world bank is considering xrp/xlm to be stable to???

[Vulcanized Crawler]

World Bank Is Incorrect....listen up

[trunkmonk]

As u should be. World bank means nothing, IMF is everything in regards to currencies, weight of each, and the fact there are only 6 SDRs in the basket. Not a single stable coin. They are everything for official international currency exchanges and have authority over central banks holdings of each. Dollar has just under 50% drawing rights, China is moving up, pyramid coins, Zed, zero, nada, nothing.

[WiseYoda]

It wouldn’t be based on the Worlds Bank Currency. The World bank categorized XRP and XLM as stable coins. The price of a stable coin is based on whatever they peg it to. My point is that if they used XRP as a stable coin they would have to price it high and peg it to whatever necessary to have it at that price.

[trunkmonk]

Every argument I know of always attempts to compare a stock share, block chain, or alt coin to the dollar. None will replace the dollar, and if it’s going to replace it it won’t be based on it. . There is no understanding of how transactions, value, bonds, and debt, etc will be handled. Fedcoin or Any BRICS coin will be tied to gold or it won’t work, ever, in any basket other in its current state of delusion

[Dogger05]

Oh really? What is the world bank currency right now? I’m a little lost in your argument I have to admit…

[WiseYoda]

Oh my no. A stable coin for the world bank would not be $1 because of how much XRP it would take to send $100M lets say so were talking a high stable coin price. At $100 price it would take 1M XRP to send $100M from Bank of America to the World Bank and that still sounds like too much XRP. The higher the price the less XRP is needed.

[WolfOfGrnStreet]

Tic toc tic toc . . .

[Vulcanized Crawler]

yea the cat said run run run

[WolfOfGrnStreet]

Government covered it up long enough in court. You will get the picture soon. A lot of lies and fake shit

[Dogger05]

So what are the implications? Does this cap the upside to $1 usd? Stable to what I guess is the question.

[Vulcanized Crawler]

keep buyin

[WolfOfGrnStreet]

$$$$$$$$$

[WiseYoda]

Sean McBride, who earlier served as a director at Ripple, hinted that XRP could evolve into a stablecoin amid World Bank recognition. Why hasn’t Ripple ever allowed a stable coin on the XRPL? This is very interesting and may soon grow legs.

[WolfOfGrnStreet]

$$$$$$$$

[WiseYoda]

This got my attention: “XRP Recognized as Stablecoin by the World Bank, Claims Former Ripple Director”: https://coinpedia.org/news/former-ripple-director-says-world-bank-tags-xrp-as-stablecoin/

[Gman3343]

Of course lol

[Alpha611]

lol.....True! But then, You don't need to be told that,
It's ONLY after you sell! You will see upward movement. ( :

[ceaa]

Gmann...
in front of the court 1.96 $ worth!!!(didn't sold at that point believing it was more worth)
Was buying at .19 before all those sponsoring stories told ABOVE and beyond by the SEC chairman (Clayton)fucking our Christmas back there .
Wish you a good year and a better Christmas( by NOW , even if we did get cuted by .....)

[ceaa]

Mindless self
Ap17
Gmann
Weddfarmer
Trunk Monk
quanticolor
I'm trying to greet you all , because we are all out of our minds if we kept holding XRP till now.
Good luck 🤞

[delerious1]

XRP price could rally towards $0.56 target amidst possibility of settlement in SEC v. Ripple lawsuit
CRYPTOS | 02/13/2024 09:16:27 GMT



XRP price climbed to $0.5338 on Tuesday, yielding nearly 5% weekly gains for holders.
Crypto lawyer James Murphy predicted a settlement in the SEC v. Ripple lawsuit in a recent podcast.
Attorney Fred Rispoli believes the stakes are high for Ripple as the firm shares details of post-complaint sales with the SEC.
XRP price climbed nearly 5% in the past week and hit a high of $0.5380 this week. The altcoin is currently in an uptrend. Two catalysts are likely driving gains in XRP. The first positive development is Ripple’s request to extend the remedies-related discovery deadline by a week, which was granted by the Court.

The second is the possibility of a settlement in the SEC v. Ripple lawsuit, predicted by crypto lawyer, James Murphy.

[Gman3343]

Xrp has been a very poor performer. Been holding this bag of shyt for 7 years now to be hardly green. Big disappointment, and they can't blame it all on the sec. Everything else moving, this doing much of nothing. For the best utility token out there, this sure has been a dud for investors

[ceaa]

This Snail should be at .90's.

[ap17]

Hey Gman, doing fine. Nice to hear from ya. Agreed.

[Gman3343]

Hey ap17 , how you been man ? Long time no speak. I'm so sick of hearing how great xrp is. This damn thing hasn't done shyt in 7 years man. As I watch Link take off on top of that. Maybe one day we get ours. When , who knows. Lol

[ap17]

Painful but true.

[Gman3343]

What's gonna get crazy ? Xrp might hit a damn. Dollar in the next 5 years. This damn shyt token has been hyped to oblivion and hasn't done jack shyt. I've been holding 7 years and barely green. So far my worst investment ever. Oh but xrp is gonna pump pump pump , no it's not. All bs . This token has been ridiculous needless to say.

[Richard Perry]

I agree it’s about to get crazy. Hope 9233 is enough. GLTA

[WolfOfGrnStreet]

Yeah. Strong Hold for me. Shits bout to get cra imo. Holla! GLTA!!!

[Weed farmer]

Big 2024 -2025 for XRP lots of catching up to do

[Weed farmer]

Yawnnnnnnn case over yet !?

[trunkmonk]

they are pumping the BTC mining, they somehow translate miners getting less coins per block into more value for BTC that is traded on the street. Its such a dumb concept only a salesman could and scammers can make it sound like a value. another words it has nothing, absolutely nothing to do with what is traded everyday, and only has to do with miners spending more time and electrical energy to find more. if they dont shut up about it, there is a very very good chance DOE will step in to regulate the whole industry. just like they were completely wrong about ETFs, they will be about halving as well. only diff is this is the last effort for scammers to make BTC seem valuable

[ap17]

NOPE, just to show Idiots like you missy, that the .48 short is the stupidest call on this forum. sig. below is tailor made for you. OUCH!!

[Brokemillwright]

Why do you little moon boys always expect OTHERS to buy more to keep the share price up, out of money already?

[Vulcanized Crawler]

jp morgan & blackrock should buy more. they dont have enough. buy til the cows come home.

[Brokemillwright]

You will never give ihub a penny again? Apparently you don't realize anybody can click on your profile and see you currently have a free account....... Tisk Tisk, I'm seeing a pattern of a habitual liar with you. You can do better!

[ap17]

Interesting, BR, JP Morgan buying XRP.
https://www.instagram.com/p/C1ciYqOgnZI/

[ap17]

Sounding like you're panties are in a bunch Missy. NEXT!! .48 Failure short will define you for years to come.

[ap17]

selling too soon or buying too late?

[Brokemillwright]

How cute, your acting tough again! What kinda adult tries shaming others that they have a job or career, wait your from Oregon where they made crack and peanut butter sandwiches legal.. I said I work in refineries, they are different than oil rigs dumbass. Who would brag about working on a rig? About every red blooded American that works on one. Some people take pride in their work. Speaking of that, you claim to be a "real trader- just like bruce jenner claims to be a real woman" but your posts show you aren't in the profitable sector. "Studies have shown that more than 97% of day traders lose money over time, and less than 1% of day traders are actually profitable. One percent! But of course, nobody thinks they will be the one losing out.Sep 6, 2023". I've made 6 figures for that last 14 years working 6-7 months and stopped at a certain dollar amount by choice. Us Millwrights have a pretty good understanding of a lot of things. But please, go on and keep looking for affirmation on a entertainment board touting your a real trader while your post history shows you have a habit of buying high and selling low like a typical lemming. Hey, remember when you loaded the boat at $59 on boil and cried like a little baby as it cratered to $22? What's you bag holding on XRP?

[TheFinalCD]

I JUST LOST $10K on my XRP ...

[ap17]

Exactly!!

[ap17]

Newsflash missy, it went to .60+ AFTER you're failed call. NEXT!

[Dubster watching]

Get to work. Your break is over.

[Dubster watching]

The kid is a complete loser. If you look at ALL of her posts, it’s the same BS with others also.
I will never again give iHub a penny while fake traders come on just to harass folks.
Ignore this girl, you can tell a tree by its fruit.
Rotten

[Brokemillwright]

One penny away now. What you moonboys have to say? Looks like one year support line broken lol