@MFTMKKUS Frustrating and disappointing. I bought 100's back then. Randomly woke up at 4AM est time this morning and saw this tweet was an hour old. Went to claim. Sold out.
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@dark_horse@TeesCryptoSpot@JyrgJetzki @CoinClubQuincy And like I said at the beginning if it has utility and it's serving an important function I think a there will be some folks out there who say hmmmmmmm maybe I'll hold on to a couple of these things. Seems like they're pretty important.
@dark_horse@TeesCryptoSpot@JyrgJetzki @CoinClubQuincy Analogy doesn't really work imo.
XRP isn’t just moving value, it’s the liquidity itself. No liquidity means no delivery. Demand matters.
If XRP is just the ‘deliveryman,’ why do banks need Nostro/Vostro accounts? Liquidity isn’t free, holding XRP can reduce a lot of friction
@dark_horse@TeesCryptoSpot@JyrgJetzki @CoinClubQuincy XRP isn’t just a service like DHL, its an asset that underpins the network.Unlike postal services,where businesses pay a fee & move on, XRP plays multiple roles in settlement,bridging,etc. If institutions need it, even temporarily, that creates consistent demand and speculation.
@TeesCryptoSpot@dark_horse@JyrgJetzki @CoinClubQuincy This argument is so funny to me. So they'll say...oh, they don't need to hold it to facilitate all this...ok Sure...But let's say they do use it...Don't you think someone out there would say hmm 🤔this asset is being used for a bunch of important shit. Maybe I should hold a few.
@brianrolph3@UtilityFTW@GLigh7 Makes sense. Last thing I'll say is that while there definitely will be private systems at play, I still think that a public blockchain that is neutral in nature will play a major function in bringing a level playing field to world.
@brianrolph3@UtilityFTW@GLigh7 Other bets that you think could accomplish what XRP is trying to do? Like XLM? XDC? If you got other coins I should look at DM a brother. I'm all for hedging my bet a little.
@brianrolph3@UtilityFTW@GLigh7 If you wait until you see hard evidence of partnerships it'll be too late. The thesis is that it will serve as the bedrock for the new financial system. Maybe that won't happen, but there's a chance and that's why I think it's the best asymmetric bet out there.
@brianrolph3@UtilityFTW@GLigh7 2) It was literally created to be a better bitcoin which it obviously is in pretty much every way. So I don't think BTC will lead the way forever
And I think you need to think outside the box and get away from this cycle talk. Everything up to this point has been speculation.
@brianrolph3@UtilityFTW@GLigh7 Then you don't need as high of a MC anymore to see appreciation. So if a store of value narrative comes into effect, and the supply is dwindled down the MC narrative becomes irrelevant.
@brianrolph3@UtilityFTW@GLigh7 You are negating prospective massive demand for the asset regarding AMM, Decentralized apps, foreign exchange, etc.
Market cap and coins and circulation serve as gatekeepers....UNTIL an environment develops where the circulating supply is dwindled significantly.