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29 Nov 2024 19:05:13
Supasub ans was. Was talking to a mate at work about xrp market cap and he said don't worry about the market cap it's the drops of crap that will make people millionaires, something about 1 xrp being divided up into 1 million drops and each drop worth 1cent would make xrp 10,000 dollars per coin. Do you know anything about this drop stuff
{Ed033's Note - I don't know about the drops, but i heard the original idea of XRP would put XRP at 10,000 dollars. However, i wouldn't get your hopes up with 10,000 this cycle. i think $9 is a good price this cycle [March 2025?].
1.) 30 Nov 2024 20:56:20
I know it will be years but I was wanting to know if this drop thing was a real thing or something someone made up
{Ed033's Note - i don't know at the moment.
2.) 04 Dec 2024 23:29:04
Don't know about that. But just been announced you can buy 1 xrp as a minimum rather than 10xrp. I think the $10k price comes from entire replacement of the Swift messaging/banking system that is outdated.
Xrp would need to be $1k roughly if ripple got 10% of the swift system. Would enable near instant transactions, 7 days a week, 24hrs a day at around 0.001 pence. No need to wait to midday with a £30 charge when buying a house.
No waiting until Monday for the money to show when you buy petrol or anything else on a Saturday/Sunday for instance.
RLUSD $1 needs XRP in order to use it. Most banks will need 50-75 million xrp.
Once held they could set the price of xrp twice daily like gold or even backed by gold (xrp has already been recognised as a stable coin by tptb but at what price?)
Xrp could potentially dissappear from exchanges soon. Another one to watch is HBAR imo. Mentioned by a WEF rep this week saying both XRP and HBAR are important to the WEF. HBAR has some serious big backers, Google, IBM, Boeing, SpaceX (6 days ago) potential partnership with Ripple for instance.
Not financial advise! But I would bag as much of these 2 and hold as they are still both cheap imo.
Things haven't even started to come into play yet. Trump doesn't start until 20th Jan (the day Gensler resigns) and the SEC case still yet to be dropped.
Also a lot of Quantum financial system (list attached lower down page) tokens pumping in recent weeks. XRP, HBAR, IOTA, XLM, XDC, ALGO, QNT, XDC etc.
{Ed033's Note - Thanks Supasub.
3.) 05 Dec 2024 09:49:14
In relation to the OP, It was David Schwartz who mentioned a possible scenario if XRP were to get so scarce that there could be a division say of 50 to 1 XRP.
Called Drops I think like you said. Tried to find a link to attach but you could just search anyway.
Would require a hefty software upgrade and the whole community to agree and would only be if it became so scarce. I think it'll be unlikely anytime soon if at all.
{Ed033's Note - thanks Supasub.
4.) 05 Dec 2024 10:56:51
*million to 1xrp*
04 Jun 2024 11:05:29
A few guys in my work are all buying Pepe they seem to think this is going to be big. Do you know anything about this Ed or supasub
{Ed033's Note - I don't know anything about it. i would say based on its previous performance, that it could go on a big run in a Bull market, but that could happen with other Cryptos as well.
At the end of the day, it's difficult to figure out which cryptos will do well in a Bull run.
1.) 04 Jun 2024 20:46:43
Thanks ed your knowledge is appreciated
2.) 06 Jun 2024 13:28:27
I'm not really a fan of meme coins Marco so I'm not the best to ask although memes on Solana network seem to do well. The best value I think are with the tokens/coins with the most utility going forward which will be around for years to come.
Financial institution/banking crypto, A.I., virtual reality, Tokenisation of land/property, commodities (very big), coins like RNDR / Render (which I think is used for rendering camera apps on smart phones including apple/iphone and movie CGI etc? )
List of Quantum financial System crypto for finance/banks which I've posted before. Just set up a profile on coinmarketcap and save. They are going to be big.
{Ed033's Note - Thanks Supasub.
3.) 21 Jun 2024 11:46:43
Thanks supasub
02 May 2024 08:58:03
Well all crypto seems to have taken a nosedive recently
{Ed033's Note - Right, but what we have to hope for is that in a couple of weeks, the alt coin market goes on a huge move up for a while.
06 Sep 2023 17:27:23
Does anyone think XRP will go up again in the short term. I bought mine for the long term but just thought I would see what other people think .Supasub lol
{Ed033's Note - i suppose it depends what you mean by short term. If short term is within 1 year from now, i would say 1 year from now, we could be in the multiple dollar range, but we have seen in the past that XRP spikes up and then comes back down, so if it spikes up, maybe take some off the table and then when it goes back down, put some back in. Easier said than done i admit.
1.) 07 Sep 2023 09:18:30
Thanks ed by short term I meant in the 3-6 months range and long term I meant like a 5yr investment. I am long term unless something extraordinary happens .
2.) 07 Sep 2023 09:34:48
Adoption will be key through BRICS + SCO (others will jump on board), ISO20022, the Quantum financial system, the Ripplehub (which facilitates BTC, ETH, LTC and BCH transactions) and many others like credit card companies, apps and websites etc.
Ripple has only recently become a member of the ISDA which is a $1.2 quadrillion financial giants market (current crypto market is $1.4 trillion, peaked around $3 trillion).
From now to what XRP could and will become part if not most of it sends it into a massive unknown for any cryptocurrency.
XRP being tailor made for this in the tokenisation of all stocks/shares and a reserve currency which other countries can use apart from the dollar, hence this prolonged SEC case as they saw what was coming.
It's just a matter of time. The Bank of England who have not long ago trialled ripple/xrp have on their roadmap to start cbdc / iso20022 in spring 2024 (i'm guessing April 1st 2024 for the start of the new financial year) . The Bank of England are a little behind other banks. I think a lot of positives are going to happen for Ripple/XRP in the next 6-9 months. It is a gold rush of our generation imo.
The Ripple president has announced this week that basically if any financial institutions/banks don't use Ripple/XRP then they will basically die or just disappear.
Just get what you can, try and store on a cold wallet if it's a substantial amount to you and sit tight and wait. 3 months to 24 months or so is nothing in the grand scheme of things.
3.) 07 Sep 2023 09:41:21
Just to add like I put on another page today. Natwest are apparently limiting deposits and withdrawals from September 11th (ironic date I know). Surely other banks will follow. The banks are leaving towns and high streets as they know they won't be needed as everything will be digital. They don't want your cash or cheques. Soon you will have a crypto wallet attached to microsoft edge and you have others like amazon and X formerly twitter going down this route. Both will be using Ripple/XRP. Elon is shedding his BTC and rarely mentions Doge and has changed Twitter to X. X = XRP and probably XLM and XDC.
{Ed033's Note - thanks Supasub.
03 Aug 2023 23:29:47
So ed will xrp v sec still be going to court or is it all over now
{Ed033's Note - I think the original xrp v sec case hasn't finished yet
1.) 05 Aug 2023 01:13:45
Ok thanks ed
{Ed033's Note - after the original xrp v sec case is over, we can then reevaluate the situation
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30 Nov 2024 20:56:20
I know it will be years but I was wanting to know if this drop thing was a real thing or something someone made up
{Ed033's Note - i don't know at the moment.
21 Jun 2024 11:46:43
Thanks supasub
21 Jun 2024 11:46:05
Thanks for all that info supasub it's greatly appreciated
04 Jun 2024 20:46:43
Thanks ed your knowledge is appreciated
07 Sep 2023 09:18:30
Thanks ed by short term I meant in the 3-6 months range and long term I meant like a 5yr investment. I am long term unless something extraordinary happens .
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