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/biz/ - Business & Finance

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24213834 No.24213834 [Reply] [Original]

Newfag here, bought 1000XRP at $0.4

I keep seeing that it will moon on the 12th dec, why?

>> No.24213891

the day of snapshot of xrp holders who become millionaires.

>> No.24213902

spark token airdrop, pretty sure it's going to dump and not moon tho.

>> No.24213935

>>24213834
Fuck off newfag lurk moar

>> No.24213948

>>24213902
it doesnt matter if spark dumps or not lol

>> No.24213986

>>24213891
ok, thanks

>> No.24214007

>>24213834
There will be an airdrop for all registered XRP accounts. (Check the shizo threads).

XRP wint moon, it will dump. But not that low. As many people want to buy anything sub .40-.45. From then on the climb will resume. But probably in a way slower pase.

>> No.24214072

>>24213948
was referring to XRP

>> No.24214097

>>24214007
so 2k EOY is not impossible? or is selling at $2-3 the best option?

>> No.24214119

>>24213834
DYOR

>> No.24214160

>>24214007
by registered XRP account you mean shit like binance?

>> No.24214183

>>24214097
2K is fucking impossible. Where do you lunatics get this number from?

>> No.24214535
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24214535

>>24214183
/biz/

>> No.24214905

>>24213834
I want to BULLIEVE , GO XRP

>> No.24215061

I know I'm gonna get shit for this but what do I have to do for the airdrop if I'm holding xrp on coinbase?

>> No.24215111

>>24214097
Dude, it would literally have to have a 20 trillion dollar marketcap for a single xrp to be worth that much

>> No.24215126

>>24213902
spark won't be worth anything once it is distributed which it won't be for another 6 months after the snapshot anyway no idea why everyones so sure it will dump

>> No.24215228

>>24214097
2k is if there is a "switch flip". It's not organic, it's all at once. The schizos that believe that mostly agree it will be on or around December 21. Up to you if you agree, DYOR. The anons making the argument that it's impossible because of marketcap have not researched what market XRP is trying to capture or what it is trying to be. That said, hedge your risk if you're unsure.

>> No.24215254

>>24215111
idk fren, I'm just a newbie

>> No.24215561

>>24214007
How do we resgister?

>> No.24215817

>>24214119
No. I'm peak norman here and your sole purpose on this earth is to do my homework. Now hop to it, nerd.

>> No.24215995

>>24215254
The schizo theory behind 2k EOY is that XRP is setting out to be the standard for financial transactions worldwide. For that to be the case, the marketcap would need to be well into the trillions for it to be feasible. The announcement of Ripple's partnership with Bank of America lends some credence to the schizos

>> No.24216045

>>24215061
Coinbase doesn’t support the drop

>> No.24216079

>>24213834
It will fucking go to intergalactic space nigger

>> No.24216114

>>24215995
thanks fren, actually sounds pretty good. I will hodl these xrp shrekels until atleast $2+

>> No.24216146

>>24215995
Why would any major financial institution make a bunch of random internet people multi millionaires overnight, instead of just taking the technology ripple has and created their own ledger off it and issuing their own tokens.

If I'm wrong, then banks would be sucking up XRP like mad right now.

>> No.24216190

>>24215111
Global derivatives market. See: the internet of value.

>> No.24216229

>>24215995
1-1.4 quadrillion dollars.

>> No.24216250

>Literally giving away free side-kick money
Tell me you're not actually hedging your bets on this. This is the bull run for XRP. If it fizzles, it fizzles.

>> No.24216264

>>24216146
They are sucking it up like mad right now. 95 percent of supply is either in the hands of the banks or Ripple itself, which will be seeding orgs like the IMF with that supply. We've got 5 percent to play with as peons. Speaking of peons, they'd allow a bunch of random internet people to get rich overnight for the same reason you don't begrudge your gut bacteria benefitting from the fine steak dinner you had last night.

>> No.24216290

>>24216146
It has a real world application.

Also you dont think most billionaires own some XRP? They probably do and dont even know it.

>> No.24216300

>>24213834
because people like you will panic sell it after the snapshot

>> No.24216318
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24216318

>> No.24216347

>>24216146
why would the CIA allow a bunch of weirdos and random internet people to become millionaires overnight by letting them purchase their money laundering coin on exchanges?
oh wait that already happened

>> No.24216371

A $10 Xrp is also impossible. It might reach $1 by 2025 though.

>> No.24216405

if BTC passes ATH, XRP will be seeing 5-6usd

>> No.24216426

>>24216146
A few hundred/thousand millionaires are small fries to the global elites. They won't mind a few wage slaves having enough to be comfortable so long as they're still dependent upon their system and they get control over the vast majority of it.
Many banks already have XRP given to them by Ripple, and watching the movement the last couple days there are some major players eating it up right now.

>> No.24216467

>>24216146
1) 95% of xrp is in escow and unavailable to the market. 1B at 2k ea is a 2 trillion market cap. Currently crypto is about .75 trillion. Are you saying it's impossible for the market cap to double when some of the biggest players BoA, JP Morgan, BlackRock, and every fucking hedge manager is publicly stating that crypto is the future? You have Walmart and major retail companies going all in on XRP because it's a standard that everyone can agree on. Not to mention that BTC, while the gold standard, isn't good for retail. If a cashier said to you "anon that will be .1 XRP", you would instantly understand that it's 200 dollars as you swipe your card and see the math on the pay termina while also checking in your head the math.

If someone said "oh that will be .005412368965 BTC" anon, you'd probably walk out and go "muh dollars were easier"

>> No.24216474
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24216474

>>24216371
It's not too late to research. Don't let your pride become your regret.

>> No.24216523

>>24216229
If it's also capturing the derrivatives yes, but it would just need to be in the tens of trillions if it captured standard transactions.

>> No.24216786

>>24216371
you do realise that it almost touched $1 yesterday, right?
you do realise that it has stopped falling and is climbing back up to 0.90, right?

we're going to see $1 within days

>> No.24216958

>>24216786
>we're going to see $1 within days
you mean today?

>> No.24217254

>>24216958
Probably not, but we well get over $70 again.

>> No.24217848

Hey anons, I have my XRP on my Ledger. Will I still get the Spark snapshot, or should I transfer to an exchange?