Guys Let's All Get Rich - Are You Ready?

[JeanLucBB]

Peprsonally, the decentralization issue isn't what me the most as they have a pretty okayish strategy for this, which I
think has both upsides and downsides compared to ex Raiblocks.
What bothers me most is the fact that Ripple labs hold the ''remaining'' 60% of all coins and that they at any given time
can DILUTE the market by a great deal, without any ''heads up''. I think this makes it very hard to predict and analyse
it's fundamentals becomes nearly worthless.

https://ripple.com/dev-blog/decentralization-strategy-update/

In what cryptocurrency's tech do you believe the most?

I like ethereum flexibility a great deal, and they also have a synergistic team with very professional
marketing strategy. I think it will soar this year as it deserves it.

Raiblocks for purely transactional use and Ethereum for a universal world computer and transaction network if it achieves its goals of a three pronged approach in high decentralisation, Visa level scalability and multitudes of privacy options (which is the simplest part). I do think this is likely due to the quality of their developers and their history of delivering on promises at this point.

Ripple offers absolutely nothing in regards to transaction technology that isn't offered more effectively elsewhere, it's pumped by virtue of the fact idiots think it is "cheap" without understanding market cap and deals with institutions who are experimenting with the ripple protocol, and utilizing Ripplenet but none of them are using the underlying XRP currency. It is an absolute f*****g joke. It is nothing more than a scam that has successfully suckered in complete morons to get the developers at Ripple labs filthy, filthy rich.

I love Bitcoin too and want it to succeed but unfortunately the community and developers have failed it at this point. I am still hopeful for its future though. It really is as simple as a substantial blocksize increase to unbrick onchain scaling which is an issue with or without second layer solutions. It doesn't need to be "perfect" to retain status as digital gold but it needs to be functional. I would still buy some if I was setting up a new portfolio.

 

[Choi Han Kyul]

And now today we have XLM on fire.

Ripple is ripping up as well.

 

[JeanLucBB]

Ripple is ripping up as well.

Proof to me that you can profit thousands of dollars off something in a day and still be f*****g disgusted by it and every retard that buys it.

 

[CaptainForehead]

profit thousands of dollars off something in a day

@Pasbrillantebrunette
and all the poorcels

 

[Choi Han Kyul]

Proof to me that you can profit thousands of dollars off something in a day and still be f*****g disgusted by it and every retard that buys it.

Frankly speaking, I just started dabbing into the sea of CC, just learning; though not denying that I do not want to make money.
Had transferred money to wallet last night hoping to buy ripple ~$1 only to realize that it has crossed $2 this morning.
Nevertheless, Jut asking you enlightened souls regarding few altcoins where I could diversify my investment. I am not able to find the list that macaroni or I guess jean had shared.

 

[JeanLucBB]

Frankly speaking, I just started dabbing into the sea of CC, just learning; though not denying that I do not want to make money.
Had transferred money to wallet last night hoping to buy ripple ~$1 only to realize that it has crossed $2 this morning.
Nevertheless, Jut asking you enlightened souls regarding few altcoins where I could diversify my investment. I am not able to find the list that macaroni or I guess jean had shared.

Bcash
Monero
Ethereum
Iota
Raiblocks
Dash
Ripple (even though its f*****g dogshit and has no legitimate use-case)
Qtum
Stellar Lumens
Neo


The market is so utterly indiscriminate in regards to fundamentals right now that if you're purely focused on the short - medium term (maybe different terms needed in crypto terms though because of how fast things move here) then the quality of the coin isn't particularly important. Pumps are often cyclical here so they move from one coin to another no matter what they do or their potential value.

For longer term I like Monero, Ethereum, Raiblocks, Cardano, Dash and potentially still Bcash and Bitcoin but one or the other needs to get its act together.

 

[Choi Han Kyul]

Bcash
Monero
Ethereum
Iota
Raiblocks
Dash
Ripple (even though its f*****g dogshit and has no legitimate use-case)
Qtum
Stellar Lumens
Neo


The market is so utterly indiscriminate in regards to fundamentals right now that if you're purely focused on the short - medium term (maybe different terms needed in crypto terms though because of how fast things move here) then the quality of the coin isn't particularly important. Pumps are often cyclical here so they move from one coin to another no matter what they do or their potential value.

For longer term I like Monero, Ethereum, Raiblocks, Cardano, Dash and potentially still Bcash and Bitcoin but one or the other needs to get its act together.

It's like a science exhibition. Swarm of people moving from one project to other. And how are they moving? By actually looking where the trail of people leads them. So when it's nice and cozy some of the people come along, have a look at the project, others follow. Once there is intolerable amount of crowd, people move to the other one. Cycle goes on.

Now the point is, what do you really remember after the exhibition?

 

[ZZmop]

Bcash
Monero
Ethereum
Iota
Raiblocks
Dash
Ripple (even though its f*****g dogshit and has no legitimate use-case)
Qtum
Stellar Lumens
Neo


The market is so utterly indiscriminate in regards to fundamentals right now that if you're purely focused on the short - medium term (maybe different terms needed in crypto terms though because of how fast things move here) then the quality of the coin isn't particularly important. Pumps are often cyclical here so they move from one coin to another no matter what they do or their potential value.

For longer term I like Monero, Ethereum, Raiblocks, Cardano, Dash and potentially still Bcash and Bitcoin but one or the other needs to get its act together.

What do you think about Chain Link? Considering it as my wildcard but it would be wild.

 

[JeanLucBB]

What do you think about Chain Link? Considering it as my wildcard but it would be wild.

Haven't looked into it. I usually don't look past the top 100 but probably should. Zclassic up 1500% at a similar market cap now.

My raiblocks did about 1000% over a month. Part of the rise might be a result of their limited supply and access on mainstream exchanges though. Will be interesting to see how it fairs when it gets some fiat pairings. Definitely been a wildcard for me, don't have to put in a lot to make a lot with 1000% gains.

 

[RegenWaiting]

Raiblocks for purely transactional use and Ethereum for a universal world computer and transaction network if it achieves its goals of a three pronged approach in high decentralisation, Visa level scalability and multitudes of privacy options (which is the simplest part). I do think this is likely due to the quality of their developers and their history of delivering on promises at this point.

Ripple offers absolutely nothing in regards to transaction technology that isn't offered more effectively elsewhere, it's pumped by virtue of the fact idiots think it is "cheap" without understanding market cap and deals with institutions who are experimenting with the ripple protocol, and utilizing Ripplenet but none of them are using the underlying XRP currency. It is an absolute f*****g joke. It is nothing more than a scam that has successfully suckered in complete morons to get the developers at Ripple labs filthy, filthy rich.

I love Bitcoin too and want it to succeed but unfortunately the community and developers have failed it at this point. I am still hopeful for its future though. It really is as simple as a substantial blocksize increase to unbrick onchain scaling which is an issue with or without second layer solutions. It doesn't need to be "perfect" to retain status as digital gold but it needs to be functional. I would still buy some if I was setting up a new portfolio.

This is exactly how I feel, although maybe somewhat more hopeful for Bitcoin or BCH.
I really do think the community will reach consensus when it comes to ''do or die''. If BTC or BCH manage
to solve its bottleneck issue some way or the other, chances are we'll see it soar to 50k(exact price/usd impossible to predict).

 

[UberBaldaten]

have any of you guys made money from this? apart from jean

Got raped by my countries fees, I've put around 750$ and I'm sitting around 1500$ now. Been doing this since 16th December

 

[Choi Han Kyul]

Got raped by my countries fees, I've put around 750$ and I'm sitting around 1500$ now. Been doing this since 16th December

Come on, that's not bad at all, a daily return of 7.5%.

 

[UberBaldaten]

Come on, that's not bad at all, a daily return of 7.5%.

The only mistake I made was not going higher on Ripple. I speculated it will rise but not this fast. Also when Bitcoin crashed I was -30% of my initial investment and hodling was hard, but I was too lazy to transfer my funds from Ledger to my accounts which have 25 char passwords and then sell it.
I think Ripple will crash soon because of 70% bullrun, which is a perfect chance for us to dive in and buy it and HODL till it moons again.
Before you know it we will be showing off our FUE follicles in Lambos.

 

[Patrick_Bateman]

O wise cryptocurrency lords, should I cash out my XRP?

 

[UberBaldaten]

O wise cryptocurrency lords, should I cash out my XRP?

Up to you, laddy. I'm not cashing out mine, but I invested puny 100$ and I'm sitting on 350$ now. I'm too lazy to cash out. But I suspect it will drop soon.

Also it could be like with BCH/BTC insider trading on Coinbase that Ripple will be pumped and dumped.

 

[Patrick_Bateman]

Up to you, laddy. I'm not cashing out mine, but I invested puny 100$ and I'm sitting on 350$ now. I'm too lazy to cash out. But I suspect it will drop soon.

Also it could be like with BCH/BTC insider trading on Coinbase that Ripple will be pumped and dumped.

Yeah I suspect it will drop too. I invested in it 6 months ago and kind of forgot about it, but it's worth a decent chunk of cash (atleast for me) now.

 

[Choi Han Kyul]

The only mistake I made was not going higher on Ripple. I speculated it will rise but not this fast. Also when Bitcoin crashed I was -30% of my initial investment and hodling was hard, but I was too lazy to transfer my funds from Ledger to my accounts which have 25 char passwords and then sell it.
I think Ripple will crash soon because of 70% bullrun, which is a perfect chance for us to dive in and buy it and HODL till it moons again.
Before you know it we will be showing off our FUE follicles in Lambos.

We all have regrets.
I was waiting for KYC when Ripple was a s low as $0.3 and look now that mofo has really soared high. (btw my a/c got approved day before yesterday), so I am all in now. Still thinking to go for ripple or let it be.

 

[Choi Han Kyul]

Yeah I suspect it will drop too. I invested in it 6 months ago and kind of forgot about it, but it's worth a decent chunk of cash (atleast for me) now.

I would suggest to cash atleast half of it. And invest half of that in other altcoins.
You know it never hurts to try new things within limits.

 

[Patrick_Bateman]

You really need to let go of your bias toward Ripple; the use case is clear, it is amazing for banks to use for international transfers and it is blistering fast (instant actually). They are a proper company with a ridiculous amount of money allocated for development and marketing, and they will use it. You may find that even in a decentralized world, centralized payment processing via the likes of XRP/XLM might be the best scenario. It certainly beats having to pay $50 transfer fees to send BTC. In fact, i'd say the only dogshit coin right now is BTC, and many people are starting to realize it.

I own both XRP & XLM - i'd rather see XLM win because it is more of a people's coin, but if XRP wins that i won't be bothered by it since i'll make money either way.

You don't think XRP is going to drop soon?

 

[JeanLucBB]

You really need to let go of your bias toward Ripple; the use case is clear, it is amazing for banks to use for international transfers and it is blistering fast (instant actually). They are a proper company with a ridiculous amount of money allocated for development and marketing, and they will use it. You may find that even in a decentralized world, centralized payment processing via the likes of XRP/XLM might be the best scenario. It certainly beats having to pay $50 transfer fees to send BTC. In fact, i'd say the only dogshit coin right now is BTC, and many people are starting to realize it.

I own both XRP & XLM - i'd rather see XLM win because it is more of a people's coin, but if XRP wins that i won't be bothered by it since i'll make money either way.

For the most part they are using Ripplenet not XRP so the value proposition for the actual currency makes little sense. They aren't interesting in that level of volatility and the transaction usage is virtually non-existant at this point in comparison to other major coins. There are other DAG coins like Iota, Byteballs and especially Raiblocks which is specifically transaction orientated that have no fees and near instant confirmations.

What they offer is largely marketing and professionalism with a gateway to institutions to involve themselves with blockchain technology. Doesn't make xrp a worthwhile long term currency in itself.

It's a shitcoin for idiots. Centralised payment systems using blockchain will certainly be embraced, but it is nonsensical to think that something as volatile as Ripple will be part of that. They want fiat payment systems utilising blockchain, not something swinging 100% in a day.