Given so much bullishness in the air, maybe because of Halving which gives 100% certainty that price must go up based on such a huge historical data, I just expect this crap to hit the ground.
By the way, did you guys already forget Consensus 2018? Last year most had been calling for a huge uptrend based on the astonishing past performance shortly before and...
basically this useful token is trading inside a bearish triangle in which distribution has been underway for a long time, but yeah this time is truly different right?
Sure, I'm underestimating how valuable this token can be given the incomes it produces and the rights which have been given to xrp baghodlers.
Weekly close below 9k is already likely to trigger a bumpy ride towards $0.
Either way this digital metal will eventually go towards $0 and given its performances will be commemorated as the most bullish asset as well as the asset which best reflected the greatest fool theory.
for the record BTC can even hit $40k or so, but it will eventually go towards $0.
In order to be valuable something must have three features: being limited, useful and accessible.
gold is limited, btc is not since someone else can create another similar crap coin out of thin air (see forks for instance)
gold is useful since it is used in electronic and aerospace...
lots of people claim this token is the digital silver right? then let's see if this no sense token plays out like silver did.
Oh I forgot we have halving and altseason is basically scheduled, it must go to the moon!! no way!!!!
This crap which has been accidentally sold at the top by Charlie Lee for conflict of interest is going to go asymptotically towards $0.
why should this crap be a "currency of the future" when everyone aims for USD profits?
Amid the moonboys who keep screaming lambo, bullrun based on golden cross and other fancy tools, I just want to ask you why should someone buy all the crap like XRP, LTC etc..?? Is there any fundamental reason behind it?
Does XRP token entitle to anything by any chance? it just entitles to NOTHING, i.e. just a crap like 99% alts which have been shilled on a daily...