Maybe his next username will be XrpQ-QFS
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Originally posted by Kevin View PostOh man you nailed this post!
Last edited by Shane; 05-21-2021, 02:08 PM.
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Originally posted by texasdeerhunter View PostOf all of the crazy things he has said, you gotta admit, it would make for a riveting movie if casted properly and directed well lmao. You would never know what’s coming next haha, let’s get a computer in front of him and let him write a screenplay lol
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Originally posted by jer_james View PostI'm seriously going to get rid of all my XRP - While I know I have been put on the ignore list by a few. I have never put anyone on there myself. Not sure how much more of the nonsense I can take.
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If I were to bet on it, I'd bet that Ripple survives the lawsuit, but has to pay a hefty fine to the SEC. But they'll stay in business. XRP was designed to be used to facilitate fund transfers across national borders, and it appears to be good for that. It has a definite use case for its niche. But that certainly doesn't mean that it will put everything else out of business. That's nonsense.
It's also pretty hard to believe that XRP will be worth $100K/token or anything in that ballpark. There are literally trillions of XRP tokens in existence. The market cap required for those kinds of valuations is unrealistic. It could certainly be worth more than it sells for currently if everything goes well. And it could dang sure sell for way more than it's realistically worth from time to time, just like everything else can. But it's not going to be the only crypto in existence, no matter how well it does.
It's too centralized for me. A former Treasury Secretary on the board.....2/3 of the nodes controlled by Ripple.....and if all the big banks jump in, that's even more swampy establishment control. It's not the decentralized peer to peer kind of a deal that most blockchain projects are designed to be.
That doesn't mean it can't go up in value and have success. It could go out of business too. I have no idea which way it will go.
Sent from my SM-G998U1 using Tapatalk
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Originally posted by Shane View PostIf I were to bet on it, I'd bet that Ripple survives the lawsuit, but has to pay a hefty fine to the SEC. But they'll stay in business. XRP was designed to be used to facilitate fund transfers across national borders, and it appears to be good for that. It has a definite use case for its niche. But that certainly doesn't mean that it will put everything else out of business. That's nonsense.
It's also pretty hard to believe that XRP will be worth $100K/token or anything in that ballpark. There are literally trillions of XRP tokens in existence. The market cap required for those kinds of valuations is unrealistic. It could certainly be worth more than it sells for currently if everything goes well. And it could dang sure sell for way more than it's realistically worth from time to time, just like everything else can. But it's not going to be the only crypto in existence, no matter how well it does.
It's too centralized for me. A former Treasury Secretary on the board.....2/3 of the nodes controlled by Ripple.....and if all the big banks jump in, that's even more swampy establishment control. It's not the decentralized peer to peer kind of a deal that most blockchain projects are designed to be.
That doesn't mean it can't go up in value and have success. It could go out of business too. I have no idea which way it will go.
Sent from my SM-G998U1 using Tapatalk
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