Bitcoin

[MountainTracker]

5 days


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[Poser]

anyone else in XRP? The hedge funds have been going to great lengths to suppress the price over the last two months by buying large quantities and dumping most of it as soon as it starts to go up only to rebuy at lower prices, but it finally broke through the ceiling and is up 40% in the last 24 hours.

 

[Juan_ID]

anyone else in XRP? The hedge funds have been going to great lengths to suppress the price over the last two months by buying large quantities and dumping most of it as soon as it starts to go up only to rebuy at lower prices, but it finally broke through the ceiling and is up 40% in the last 24 hours.

I have a very small amount of xrp, it was mentioned in the other investment thread and don’t think many are all that big on it. I do wish I’d have tripled my initial amount now seeing what it’s done.

 

[Poser]

I have a very small amount of xrp, it was mentioned in the other investment thread and don’t think many are all that big on it. I do wish I’d have tripled my initial amount now seeing what it’s done.

Hedge funds are buying, banks are buying it, & politicians are buying it....

Of course, there are rumours galore: Trump now looking to create a broader strategic reserve of crypto including XRP and Solana vs. just bitcoin. Talk of tax free capital gains on US based cryptos.....

 

[Juan_ID]

Hedge funds are buying, banks are buying it, & politicians are buying it....

Of course, there are rumours galore: Trump now looking to create a broader strategic reserve of crypto including XRP and Solana vs. just bitcoin. Talk of tax free capital gains on US based cryptos.....

I kind of generalized, the very few responses to the xrp question in the other thread made it seem like it wasn’t very popular. At least in regards to the rokslide investors, I could have taken it wrong but that was the gist I got. I have put a little bit more in as of late.

 

[Poser]

XRP is up 6% in the last 24 hours and 39% in the last 30 days. It's a shitcoin. The founder is a sleazebag that has been known to create and dump millions of coins whenever he feels like it causing the price to plummet screwing his investors. If you have a few bucks to gamble go ahead and buy some. Now let's get this Bitcoin thread back on track and discuss Bitcoin.

My mistake. up 42% since Monday.
I'm already settled on an amount for the time being -nothing more than a few hundred dollars, but in at less than $1 each.

I'm in bitcoin, I've been in bitcoin, I'll continue to buy into bitcoin, but let's stop pretending that there is any future outcome where Bitcoin is the only cryptocurrency. There are current and future utility demands that bitcoin cannot meet.

 

[fmyth]

My mistake. up 42% since Monday.
I'm already settled on an amount for the time being -nothing more than a few hundred dollars, but in at less than $1 each.

I'm in bitcoin, I've been in bitcoin, I'll continue to buy into bitcoin, but let's stop pretending that there is any future outcome where Bitcoin is the only cryptocurrency. There are current and future utility demands that bitcoin cannot meet.

I apologize for the tone of my post. I have deleted it.

 

[IBen]

I don’t care for xrp but I’m not against making money. It’s a lot easier to take profits from alts

 

[johnnycake]

anyone else in XRP? The hedge funds have been going to great lengths to suppress the price over the last two months by buying large quantities and dumping most of it as soon as it starts to go up only to rebuy at lower prices, but it finally broke through the ceiling and is up 40% in the last 24 hours.

I've been pretty heavy in xrp since mid 2017. Nice to see things picking up again.

But I've got a long ways to go before I cash in

 

[Poser]

I've been pretty heavy in xrp since mid 2017. Nice to see things picking up again.

But I've got a long ways to go before I cash in

Yeah, I'm looking for a target price in the $60-$90 day range which I expect is, at a minimum, 2 years out, probably more like 5 despite some of the crazy hype out there. That being said, if it never makes it above $10-12, it will be a really good return. Interesting to see what happens ext ad if there is an ETF this year.

 

[johnnycake]

I'm not as optimistic on the top end reaching those levels, if it could hit $10 I'm cashing in and doing very well

 

[fmyth]

Yeah, I'm looking for a target price in the $60-$90 day range which I expect is, at a minimum, 2 years out, probably more like 5 despite some of the crazy hype out there. That being said, if it never makes it above $10-12, it will be a really good return. Interesting to see what happens ext ad if there is an ETF this year.

$90/XRP = XRP market cap will be $9 TRILLION. Bitcoin is currently 2T and Gold is 9-10T. I see no way that XRP goes to $60-90. I hope it does because my younger brother has a bag full. I have a very small position that I will sell at $10 and use the money to go hunt moose in NF. Best of luck to you.

 

[Poser]

$90/XRP = XRP market cap will be $9 TRILLION. Bitcoin is currently 2T and Gold is 9-10T. I see no way that XRP goes to $60-90. I hope it does because my younger brother has a bag full. I have a very small position that I will sell at $10 and use the money to go hunt moose in NF. Best of luck to you.

Yeah, its ambitious and best case scenario as we would need to see a ~1.5 million dollar bitcoin. According to some, that's not out of the realm of possibility.
XRP would need to be part of a strategic reserve, which there are rumours of and fully adopted as the primary means of international bank transfers, which is possible, but some years out still.
Best case scenario.

If it stagnates at $10, I can buy a new engine for my 4runner and reinvest a chunk of change i bitcoin.

 

[MountainTracker]

3 days


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