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22/02/23

13:52

Post #: 66396549
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Originally posted by john risk: ↑

I don't hold XRP. I think I was too late to the party on that one.

Current market cap is 29B AUD and essentially doesn't fit my criteria for market cap, and I am not currently buying any crypto unless Crypto market cap drops into my buying range.

Technically speaking, I saw some definite positives in December. (looks like people might know something I don't)

I know fundamentally there is significant appeal as well.

Looks like a good project. If Crypto drops another 20%, I would definitely consider it.

Maybe if the SEC ruling is against XRP and ends up temporarily crashing the price?

XRP has always been a hard one for me, because I try not to look at too many fundamentals, and with this I find myself drawn into it because overall I believe that the banks and gov want to kill the flow of funds into crypto medium to long term once it is proven to have staying power.

XRP may go up massively and I miss this boat, but if enough money flows into crypto, there will be many projects that rise in price.

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@john risk I understand that it is a payment mechanism to replace swift. Much faster and of course connected to the crypto network including its own Ripple coin? It is only one of three mentioned as currency by the SEC - Bitcoin, Ethereum and XRP (though that could be meaningless or worse a trap).

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