So, Trump just reopened the US government. You really think that’s not a big deal? If you don’t see the connection, you might wanna pay closer attention.
This isn’t all about politics, it’s basically the kickoff for a brand new financial system.
The Senate is pushing for clearer crypto regulations. The Treasury is checking out blockchain options. The Fed is experimenting with tokenization.
And guess what? The only US-made blockchain that's built to handle regulated payments at scale is Ripple’s XRP Ledger.
It’s ready for enterprise use right now. It processes transactions in no time and burns XRP with every transaction.
And we’re on the verge of getting several XRP spot ETFs that are backed by serious institutional money.
Bitcoin? It can’t handle that traffic. It’s slow, pricey, and definitely not made in the USA.
You really think Trump’s gonna choose Bitcoin? Nah, he’ll go for Ripple.
When banks, governments, and corporations start moving trillions a day over XRPL, you’ll finally get what this moment was all about.
But by then, $XRP might already be flying past $100.
Still not seeing it? Or just refusing to?
If you're thinking of panic selling XRP, you should read this!
18 replies 69 views
cold5tor4geSenior Member
Posts: 349 · Reputation: 1415
#2May 2, 2021, 07:26 AM
With the recent inconsistent approach we have seen from the Trump led administration, is very important for us to point about some salienc factor we need to adopt when we speculating about US cryptocurrency regulations and adoption as a whole, this is why we must make up our mind not to speculate the direction the government will take as regards to XRP.
5h4rd_2015Full Member
Posts: 106 · Reputation: 462
#3May 2, 2021, 12:26 PM
Yes, I've been following developments, and the US president just signed the termination agreement a few hours ago. The Ripple XRP Ledger study seems sound, but is there a need for an official release from the Ripple XRP team? It seems like implicit support for them will be strong. Investors and market players are also starting to see a paradigm shift; they won't be playing around with coins that lack fundamentals, let alone fake ones.
Personally, I still consider XRP a good investment and worth holding for the long term. Before it hit its all-time high of $3.66, I heard XRP was like a stablecoin, with its price stagnant and stagnant due to the ongoing dispute with the SEC, but it eventually rebounded. As for which election will take place, I think the market will decide, not us, not President Trump. It's all about demand. Whatever is highest and most attractive will attract more people to invest.
And I'm also paying attention to the price, it seems like it's moving on right now.
Honestly, Im currently viewing XRP as one of the good long-term investments. Since Im not looking at it from a short-term perspective, I dont really care about the positive or negative news surrounding it. Ive been dollar-cost averaging (DCA) into XRP since 2025, and I plan to continue this strategy for several years.
Im treating it similarly to Bitcoin, with a long-term outlook. Therefore, even now, Im purely focused on DCA, and I wont decide to sell my XRP holdings until 8 years have passed.
Only then will I consider making any decisions about selling.
I only prefer to trade XRP just like other altcoins, including ethereum and solana. If its price will fall again very well, I can make a good entry. The altcoins are very volatile which makes them so good to trade or hold for short period of time. I only prefer to hold bitcoin for long term while stable coins that have good reputation for short term.
It is an interesting point of view, but I believe that it is too soon to make such a conclusion. Cryptos and political actions do not always go hand in hand as they may appear.
Indeed, Ripple and the XRP Ledger have already achieved astonishing progress in the regulated payments sector - high-speed settlement, scalability, and good partners are undoubted advantages. Government adoption or ETF approvals are however complicated procedures that require time and are subject to several regulatory and market conditions.
The fact that Trump is reopening the government, or otherwise being generally supportive of innovation, does not necessarily mean that XRP is the next network to be used by the U.S. financial system. To remain open-minded and see what will happen is preferable to making a certain assumption about the result.
XRP may be good to own at this very time that the US government is extremely involved to support the tokens infrastructures and adoption reserve.
I'm damned skeptic that all these hypes about the coin might only last in the short term while it maybe be very exciting for the while.
I currently own some value of the XRP which I almost sold few months and in the couple of days now I've been seeing its price increasing over again following the rival of Trump's involvement.
I'll give it a benefit of doubts and see how good it'd perform the overtimes. I wouldn't lie, I'm ready to take the risk as I'm already acting according to my risk tolerance.
No it's not!
You think America is the only Country on the planet? wow
Here we go again with the delusion. You are the kind of people who keep shaming your fellow Americans. I doubt if you know much about Bitcoin. Maybe start with the whitepaper and try to understand its purpose.
No shit!
I don't see that, I don't own XRP anymore. As much as I want to do that and have XRP again, I find it quite expensive now. But that's a good thought that it might be $100 soon. It's a huge price to think of for most of its holders, going back to its former ATH after 8 years is already a long time of wait since 2017 for the investors who are just breaking even. But to be honest, when predicting prices, you'll need to reconsider the economy, total supply and what the market will look like. Let's say that $100 is possible but for how long it should take for everyone to wait to consider for it to become reality.
SilentGuruSenior Member
Posts: 432 · Reputation: 1445
#10May 4, 2021, 01:31 PM
Doubtful about that when trump keep speaking about bitcoin yet rarely even mention XRP. I'd pick bitcoin anyday than XRP because I know bitcoin reserve is imminent, there's ETF with billions of volume and institutional are buying it. I don't even think XRP can compete with ETH.
Holding it.
I think this is one of the top in my lists when it comes to altcoin investment. XRP transactions are cheap and fast, so why not? It's something that I have been using many times, even when they are bombarded by the SEC with problems that made its value fall.
But after they won, they came back strong, so I guess the support will likely increase the value of it and it's not like there's no use case for it. The cheap transactions is already a good feature of it.
real_ledgerFull Member
Posts: 108 · Reputation: 703
#12May 5, 2021, 02:44 AM
Ripple is on a solid side in the US; even if the Trump administration agrees to make Ripple one of their biggest crypto assets to pay attention to, it will be understandable. It will happen not because Bitcoin is not safe but because Ripple Lab is US-based; it's easy to make them comply with whatever they want, not like Bitcoin, for which there is no central authority to call into and question or give them directives.
Let's not get ahead of ourselves. XRP may have higher chances of getting adopted by the US government due to its centralized nature, but that doesn't mean market prices will skyrocket overnight. There are a lot of coins that are still in the hands of Ripple, Inc (XRP's parent company). Not to mention, there are many coins in circulation (over a billion of them). If XRP were to get past $100, it would've already surpassed BTC by becoming the largest cryptocurrency by market cap. Something that's impossible to happen.
Bitcoin may be slow and expensive, but it's the best thing around when it comes to making payments globally in a decentralized and censorship-resistant manner. No other crypto can beat that. XRP's centralized design, poses the risk of getting shutdown or experiencing a network disruption in the long run. Why do you think institutional investors, companies, and even governments themselves are adding BTC to their portfolios? Because of the reasons mentioned before. If XRP was good as you've said, these entities would also be buying it in-mass like Bitcoin. I doubt a spot ETF for XRP will change things for the better. We'll see what happens during the remainder of Donald Trump's presidency.
For XRP holders or believers, if I look at the price now, I think it's a good opportunity for us to perform DCA (Dollar-Cost Averaging) for the long-term.
The price has dropped quite a bit, and it's an opportunity for the future.
Regardless of how much I bought, I bought it anyway, even if it's not a large amount. At least I'm trying to accumulate XRP. Buying is the only good chance we have right now,
and it's the right thing to do as believers.
I'd suggest you to write an essay about ripple. You're obviously a ripple shiller, and people these days don't care about what shillers said. You talked so much about your bag, and why don't you pump it by yourself?
You ain't trump. So i don't trust you.
Funny how some Qanon trolls seems to push XPR narrative now. Trusting their money and lives to billionaires and private companies seems to be their new goal.
And they are for some reason comparing that to bitcoin, like it would have been some kind of failed alternative plan for fed tokenization at any phase.
I am not even touching to how little these people know about tokenization, privacy or regulations.
I am only stating that if XRP would be fully regulatory compliant at any phase, it wouldn't offer any advantage over some centralized payment system. But putting that amount of trust to a private company, when we are talking about nation finances and their supply chain's safety, is beyond ridiculous.
vault_2009Full Member
Posts: 198 · Reputation: 739
#17May 5, 2021, 10:31 PM
Even I agree with you, there would be nothing needed for a coin to be pumped to $100 like how Elon did with dogecoin by 2021. It means, even a shitcoin goes anywhere if it is backed by a whale or in a worst case by a president. It is already happening and ripple corporation is just about to copy whichever model is feasible to them. They need to convince few politician worldwide and then from ETF to replacement of SWIFT kind of development may happen along with burning process time to time. I am not here to back all those whales' backed shitcoins but they may surprise us any time.
After Trump, we may have clear idea still through out the history of altcoins, if you notice, there were whales to back some coin to pump and then disappearing. Justin Sun (for tron) and late McAfee (many coins and tokens) are few of them in quick recall. Overall, I mean to say that XRP may rise but may not sustain like dogecoin.
Nothing needed? What do you mean? President of US doesn't have that kind of power, where he would force XPR tokenization or payments. If you think that $100 price would only need backing of the president, then he has already shilled his trump token, just like WLFI, and it's not like they are going over btc marketcap.
And that what XRP would need. Over 3x the current marketcap of BTC to get to $100. How is that happening, when even BTC didn't moon harder with the richest man in the planet and Trump talking about it and planning for it?
cold5tor4geSenior Member
Posts: 349 · Reputation: 1415
#19May 6, 2021, 06:06 AM
The best safe thing to do right now is not to follow the US president crypto hypes for whatever reasons for now until we see a clear regulations that can push crypto to a none stop able position and standing, before we can use his body language as a pointer to market speculations, XRP is somewhat a potential coin in the market that have transcend beyond Trump for it success so if i am buying xrp os not because of the trump influence or statement but a subject of my conviction in the market.