For those of you who are Indians, you probably know about the "Discussion paper on blockchain technology and competition" created in India by Erns and Young. There were few mentions of Ripple in that paper, clearly untrue, sounding like coming out of Garlinghouse's mouth, for sure included there based on Ripple's incentive, and consequently re-used by Ripple marketing in many headlines. Ripple does that. They pump their fake marketing lately especially in countries where national currencies are under pressure. INR was recently in covid-related turmoil so they targeted the market trying to get Indians to hedge falling national currency by joining the XRP bubble. They targeted Turkey the same way when their central bank and Erdogan caused trouble for national currency. Ripple wins, Ernst and Young "analyst" will go on a nice vacation, new retail investors from India will be trapped in a chart where nothing is certain.
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sorry for typos
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Legal Scholar Carol Goforth who is teaching in an "university" in Arkansas and looks just like an Arkansas person just received an incentive from Ripple to make up theories against SEC and its international outreach. Regulations ARE international and always have been. Smaller countries always wait till the bigger ones dare to tackle the issues. But Carol Goforth knows more. She rides a cow in her free time but she makes a perfect headline for Ripple as a LEGAL SCHOLAR.
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Here is the first factual article concerning Ripple in quite some time: "Analyst On Why Ripple’s XRP Doom Could Turn Out To Be A Boom For Stellar’s XLM." Functions as XRP, does not have Garlinghouse pimping around and selling it, and pretending to be a nerdy nerdy IT finance boy while in fact he is a marketing professional. The only reason why it is not on par with XRP at this moment is that it does not pump silly news every day to pump the price up. When XRP community realizes it, it can turn into XLM army. Admitting that we have been wrong is all it takes.
I love haters and naysayers. I'm already up 10X on XRP with much much more upside in it. For those reading this, I highly advise to DYOR before you listen to the FUD spewed out of the mouths of dipshits like this clown. He has no idea what the hell he's talking about, it's only a matter of time before guys like this will be choking on their own words. Cheers
UnknownUnicorn18786591
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@Tighand222, Even if it goes ten X more, the crash will take most near their buying levels or below, including you obviously. You think it is ok to pay hundreds of millions of USD to Moneygram to have it in the headlines so that more people buy XRP? I bought in 2018, I know about Ripple and XRP way more than you will ever know because I do my own research thoroughly. I am a professional and don't use slang words and don't wear a baseball cap. I made money on XRP pumps before, until I realized in February that it is just a well-hidden pump and dump scam, one of a kind - they started it already with plenty of money gained during the .com bubble so the marketing narrative and incentives allowed them to build consistent powerful narrative right from the start. And once Garlinghouse joined, he brought in exactly the same marketing strategy that youtube guru's selling courses use. I made just 50 percent profit, from a large position. Most probably will end up having more profit than you when you sell. But this is not about you. You hold, you bought cheap. This is about people who are considering jumping in now. FUD is the Ripple marketing, how do you even dare using it on facts. When I say things I can not prove, I say things like "I think". When I talk about verifiable facts, like all the partnerships exposed being fake, I say it with certainty, yes do your own research, go beyond Ripple's marketing, google negative words in connection with Ripple, otherwise, you will be never served facts. Because SEO costs money so those who have a financial interest, invest in SEO. But facts have to be actively looked for using the brain. Clayton was not a liar. You are being lied to by Garlinghouse and his army (it should be renamed to Garlinghouse's army because Schwartz is doing all he can to indirectly expose Garlinghouse without getting in trouble). Why do you think no one told us SEC is negotiating a settlement with Ripple throughout autumn? Do you think Garlinghouse forgot to mention it? :D Even if we do all the research, they will take it to near zero while you will still read news about Ripple setting up a payment network in Mars and beyond.
UnknownUnicorn18786591
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@Tighand222, one whale sell order just a minute ago :D Enjoy the chart, this is not trading, this is a sectarian scam with huge profits oportunities only for few disciplined and lucky ones.
Tighand222
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@Yup12345678, market cycles bud, they repeat and XRP will be included in this one, just like it was in every other one. Been HODLING for quite some time and will continue to hodl all my long term assets till targets are reached in this cycle. Short term volatility means nothing to me, deeper corrections are opportunities to add to my bags. History proves patience wins out every time, in all markets.
UnknownUnicorn18786591
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@Tighand222, yup, and history prove that you should never set targets in trading and hold till it is reached. I have made this mistake so many times. You have to adjust your targets to situation, otherwise you can wait till another cycle and hope there will be one. XRP is included in this cycle, this is the ONLY reason why it is trading above 40 cents. If it would not be for the cycle, it is already dead because Ripple would be out of money to support buybacks. XRP was bleeding to death in 2020. THIS is the XRPs bullrun. Started late, in November, the corrections were a bit deeper because it is what it is and more people know it now. It reached a top. And now it will depend on other cryptos if there is higher top. Because the time of SEC weakness already passed so there will be no more pumps just for XRP. It already caught up with others, in its own way.
Tighand222
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@Yup12345678, So, I guess the FEDs faster payments task force back in 2017 added Ripple because they were paid off? And Ripple was added to ISO20022 standards body committee as the ONLY member specializing in blockchain tech and DLT because the GLOBAL financial community was paid off? Which is backed by the IMF, BIS, WEF, G7, G20, B30 and multiple central banks around the world. But, hey the we're paid off and XRP is dead, right? Do your homework before you start spreading FUD and sharing articles written by C students that also don't do their own research. What a clown🤣🤣🤣