Post
Topic
Board Altcoin Discussion
Re: XRP is doomed...
by
JamesDaniel90
on 11/12/2024, 07:57:27 UTC
To be fair you're right, people don't really care about XRP fr. Up until that pump it had, very few people talked about it but now just a small pump and people are talking about it like it has been revived or somn lmaoo. 2 days ago I traded XRP on Bitget and they informed me of USDT rewards because i did a certain vol, I'm sure if XRP didn't pump that reward won't be for eligible for XRP at all. So yeahh people only buy and sell XRP for profits

Of course they don't. People don't even care about BTC. They just want to make a lot of money. I mean, who doesn't? The only ones who care about crypto are believers, libertarians, academics, and a small few. XRP is just another speculative cryptocurrency like the rest of the pack (especially "meme" coins). What use cases does it have? None. It's a "banker's coin" that's often touted as the next CBDC. There's no freedom when using XRP. I've read cases where Ripple, Inc., froze funds on the XRP Ledger. Jed McCaleb (co-founder) was affected by this in the past. Look it up.

Why would I want to invest in such a "centralized shitcoin" in the first place? I'd prefer something serious that's built to last with freedom in mind. Just like Bitcoin. It won't be long before XRP goes all the way down the drain. Assuming the US government doesn't "buy it". If somehow XRP replaces SWIFT, then it will last for a long time. Otherwise, not. Only time will tell us what lies ahead. I'd stick with BTC and ETH for the time-being.

You are very wrong with XRP.

It had a law suit against it for 4 years which meant it did not have a bull run in 2021 - it is now free of that and look how well it’s done in the last month, shocking many including you. 

It is going to $5-10 next year , which will be a 10-20x for me , not bad for a ‘shitcoin’.