Speed of global banking… they are working to replace SWIFT and if that happens it would easily go to $20-100 per xrp. Right now it’s at $3.60. I’m in at $2.00.
The part I like the is the huge upside, it’s getting adopted pretty quick and I don’t see any other ways to potentially 50x my dollars…
I’ve heard this narrative that they’ve spent millions of dollars advertising but I’ve literally seen no evidence it’s happening anywhere, not a single contract or announcement. Also, even if they were to use the token, why would that affect the price? You can transmit arbitrary quantities of assets with de minimus token units. But, if what they are saying is it’s going to be the global reserve final settlement asset, then that’s just never going to happen because why would the global set of sovereigns outsource the control of their assets to the a private entity? This also makes no sense. Last I checked XRP Army doesn’t actually have any weapons which is the only reason the US has maintained its centralized control over final settlement. If I’m wrong, and there is some evidence that XRP is actually establishing these global rails they’ve been touting for a long time, I’d be happy to see it if you can share.
Do you think stablecoins with genius act will play a roll on that?
I was in at $0.30 in 2022 and out by $2.
You're holding my bag now, hoping for a number that is probably incredibly unrealistic.
You're in a good profit. Don't get greedy, balance your risk. Even 2-300% from this level is insane. There are assets that haven't really moved yet that would net much better gains.
Bitcoin already replaced SWIFT. This is bad marketing about solving something Bitcoin did 16 years ago. This is a competition for money, and people will choose the hardest (most scarce) money. It’s that simple. Don’t overthink it.
I don't gamble often, but when I do, I put a hard limit on my gambling budget, an amount that I'm OK spending for this entertainment. For a poker night it would be an equivalent of one or two movie tickets, tops.
I used to hope that some tokens would 50x my fiat. That was nerve wrecking and addictive. Like not leaving a casino day and night, giving all my energy to it.
Since I realised, thanks to some bitcoin maxis, that saving in bitcoin is life changing, not easy or quick, but it's the safest bet by far, I converted all the tokens to BTC.
I needed to accept the reality: some people win at lottery, some people get to discover and understand something early enough to get very reach relatively quick... but I'm not them. Hoping otherwise was delusional.
Since then I put all my savings into bitcoin. I was buying the dips and the all time highs and everything in between.
The early gains of bitcoin happened because of it's unique properties and the first mover advantage. Every token that tries to mimic this, is a greed driven venture.
Greed. Greed. Greed.
I want more than my share.
I want to show off.
I want to win.
I understood that using bitcoin to save my energy makes me feel safe and at ease, because it can't be taken from me by:
the government,
the bank,
a change of the rules,
inflation.
Or, to be more precise, it's orders of magnitude less likely to happen than with fiat or tokens.
And we are early, so there is a lot of upside still. The real upside. In gold terms. In houses. In steaks. Measuring it in dollars is misleading. In gold or houses also, but less.
There's still time to secure a profit before you're in drawdown.
The new system for global settlement was released January 3, 2009.
You may have heard of it.
