XRP(Crypto)

Shane

My time of year!
Super Moderator
Moderator
Supporting Member
Joined
May 13, 2002
Posts
69,943
Reaction score
41,025
Location
Las Vegas
Anyone else start dabbling in on this? I went in on it a few weeks ago. People are stating it could get as high as 20-30 bucks a share come April. I had a buddy that dumped 5K into it at .49 and now he’s sitting at almost 30k as it sits at 3.33 now.
 

elindholm

edited for content
Joined
Sep 14, 2002
Posts
27,649
Reaction score
10,042
Location
L.A. area
Anyone else start dabbling in on this? I went in on it a few weeks ago. People are stating it could get as high as 20-30 bucks a share come April.

Cryptocurrency has no intrinsic value, so there is no logic to any of its price movement. XRP might get to $30 by April, it might get to $100 by the end of the January, and/or it might be worth pennies by the summer. It's basically like investing in a random number generator.

I had a buddy that dumped 5K into it at .49 and now he’s sitting at almost 30k as it sits at 3.33 now.

The question to ask yourself is, where is that added value coming from? It's coming from the funds of other people who bought in after your friend did. In other words, it's a pyramid scheme. As with all pyramid schemes, you can do well if you time it right. Plenty of people get rich off of them, which is why they continue to exist and there are always new ones coming around the corner.
 

jf-08

chohan
Administrator
Super Moderator
Supporting Member
Joined
May 15, 2002
Posts
28,167
Reaction score
24,243
Location
Eye in the Sky
Anyone else start dabbling in on this? I went in on it a few weeks ago. People are stating it could get as high as 20-30 bucks a share come April. I had a buddy that dumped 5K into it at .49 and now he’s sitting at almost 30k as it sits at 3.33 now.
I'm up 118% in it. I think I dumped $2500 in it several months ago.
 

Shaggy

Site Owner Administrator
Administrator
Moderator
Joined
Sep 29, 2008
Posts
9,051
Reaction score
2,995
Location
Arizona
Anyone else start dabbling in on this? I went in on it a few weeks ago. People are stating it could get as high as 20-30 bucks a share come April. I had a buddy that dumped 5K into it at .49 and now he’s sitting at almost 30k as it sits at 3.33 now.

I had a good anount in it but converted all of what I had into bitcoin when they were about to be shut down. I did buy back in with a few hundred mid $2s and will probably buy more soon.
 

dscher

ASFN Icon
Joined
Sep 3, 2008
Posts
13,389
Reaction score
8,466
Location
Mesa, AZ
xc_hide_links_from_guests_guests_error_hide_media

What a rug pull on the crypto space... The next few weeks in shitcoins should be pretty interesting now. Lol!
 

dscher

ASFN Icon
Joined
Sep 3, 2008
Posts
13,389
Reaction score
8,466
Location
Mesa, AZ
xc_hide_links_from_guests_guests_error_hide_media

Oof.

Thanks Obama...I mean, Trump.

This guy (president of the USA) really gonna take down the entire crypto market by himself shilling memecoins?! Would be fitting and just add more juice to the idea we're all living in a simulation. lol
 

gmabel830

It's football season!!
Joined
May 8, 2011
Posts
13,059
Reaction score
8,165
Location
Gilbert, Arizona
I bought a tiny, tiny bit of XRP (like $100 worth) when it was at its peak many years ago after my company signed a deal with them - looks like I bought it at the peak at the beginning of 2018, and then it totally cratered. I don't even know how to access that wallet anymore. lol

Edit: Looks like my investment is finally in the black, like 7 years later!! :)
 
Last edited:

Devilmaycare

King of Technicalities
Administrator
Moderator
Joined
Jan 5, 2019
Posts
8,238
Reaction score
12,775
Location
Scottsdale
I bought a tiny, tiny bit of XRP (like $100 worth) when it was at its peak many years ago after my company signed a deal with them - looks like I bought it at the peak at the beginning of 2018, and then it totally cratered. I don't even know how to access that wallet anymore. lol

Edit: Looks like my investment is finally in the black, like 7 years later!! :)
Diamond hands on this guy!
 

Staff online

Forum statistics

Threads
558,680
Posts
5,457,621
Members
6,336
Latest member
FKUCZK15
Top