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>$1.13

>>62319437

https://polkadot.com

Real thread

>>62319485
>>62319485
>>62319485

So, do I keep on stacking XRP or do I diversify into XNO, ALGO and ADA?

>>62319600
>Do you think XRP will end up replacing fiat currencies?

No Stablecoins will. Because nobody wants to learn how to use drops or satoshis as change. They want to use pennies.

Stablecoins are not their own blockchains. They still have to run off a real layer 1 network. So while Stablecoins will replace fiat, that does not mean the native assets will be useless.

>>62319745
What happens when the currency backing the stablecoin hyperinflates?

>>62319748
The whole purpose of a stablecoin is to track 1:1

So it would inflate as well.

>>62319769
The layer 1's are going to be the foundation. But the stablecoins are meant to keep up appearance of USD dominance.

>>62319777
OK but how long would that realistically last? Surely the endstate of this is people would just own the layer 1s rather than the trending-to-zero stablecoins of a currency that's already on its last legs. If everyone is aware of this game theory, why even bother implementing it instead of just adopting a one world cryptocurrency?

>>62319769
why?
because the government wants control of the printing press and will kill to keep it. this is seen in the cantillon effect. the people closest to new money get the most out of it. and that has to be the government.
nobody actually wants a fixed supply asset to be the currency in circulation because it'll end up being hoarded, become more valuable over time, and get substituted out in favor of some 'scrip' anyway.

using the L1 crypto as a commodity to run the stablecoin ledgers on is a different matter entirely. it's ok if the crypto appreciates because it's just 'gas' for the engine of the ledger to run on.
just like oil is used to run the economy. but imagine if the amount of fuel it took to run a truck could be adjusted depending on how expensive oil is.
that's the beauty of xrp. if xrp appreciates to $589 or $2000, or $35,000 it's ok. the validators can adjust the burn rate way down to still allow individual transactions to cost a fraction of a penny.

>>62319437
fuck joel fuck bred

>>62319829
>why?
That was my question. Why create a new system that has like 25 years left in it, tops?

>because the government wants control of the printing press and will kill to keep it.
They've already started dismantling the dollar dominance, and we now have "the crypto president" in charge, it's all part of the plan

>nobody actually wants a fixed supply asset to be the currency in circulation because it'll end up being hoarded, become more valuable over time
Not really, it would just be a neutral position, very mildly going up over time but not as much as had you invested that money into a profitable enterprise. Most people don't change how they spend their fiat money day to day despite the knowledge that its value is going down, the same would apply to a mild inverse

>the validators can adjust the burn rate way down to still allow individual transactions to cost a fraction of a penny.
OK but why have a fee at all when there's a faster alternative that doesn't charge anything to use?

>>62319847
That was my question. Why create a new system that has like 25 years left in it, tops?
it has way more than 25 years left. and when it finally collapses in 21XX it'll just be replaced with another fiat currency. because the new government which everyone trusts which is so much better than the last government will issue a new fiat currency.

>They've already started dismantling the dollar dominance, and we now have "the crypto president" in charge, it's all part of the plan
the plan isn't to dismantle the dollar and dollar dominance only appears to be declining because other governments are having to sell treasuries to buy back their own currencies to prop them up.
the plan is to use stablecoins to keep the dollar king. the USD stablecoins will flood into other countries and be used by ordinary people to escape the hyperinflation their respective government currencies will be experiencing.

>Not really, it would just be a neutral position, very mildly going up over time but not as much as had you invested that money into a profitable enterprise. Most people don't change how they spend their fiat money day to day despite the knowledge that its value is going down, the same would apply to a mild inverse

a currency that is guaranteed to stay stable in supply will rise in value because people will hoard it. the circulating supply will shrink rapidly because no one will want to use any. it will be replaced in circulation by a lesser currency with inflation because 'who cares if i spend it today, it'll be worth less tomorrow.' this has happened time and time again when the gold standard is introduced. all the gold gets hoarded. in this case, all the xno would be hoarded.

>OK but why have a fee at all when there's a faster alternative that doesn't charge anything to use?
how do you stop bad actors from spamming the system if it's free to use? your network is gonna be overwhelmed with the financial equivalent of ddos attacks or spam mail and be useless.

Hello

How's it going here guys?

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>>62319942
Same shit, different day

>>62319437
Why is XRP going down? The entire market is down bad but why?

>>62320929
Yes

WTF BlockChainBacker recommended me ZCASH he told me to buy, I bought at $600 opened only a small 10x long but my entire portfolio is liquidated and I now only got 700XRP left

WTF you guys recommended me this motherfucker crypto as some all knowing guy, you tricked me an I lost everything

>>62320929
We've been in a recession for a couple of years.
All governments have been gaslighting their citizens and cooking the statistics to trick them into believing that we're not in a recession.
But you can only fool people for so long.
Everyone's noticed gas and food prices just keep going up.
Gas prices going up, combined with tariffs, means everything is going up.

But wages aren't.
People loosing their jobs to A.I. as well.
Israel's puppet, Trump, keeps pretending that peace is just around the corner, while supplying his masters with infinite money, weapons, so they can continue murdering all of their neighbors and stealing their land.
The Straight of Hormuz is still closed.
Every Western country with oil reserves, is burning through their supplies.
When they run out, oil prices are going to skyrocket.

Basically, everyone is uncertain about the economy, and doesn't want to take any risks.
We keep experiencing more and more inflation, so people can't just leave their wealth all in cash.
Liquidity is going almost entirely to a couple of the largest cap stocks like Nvidia and A.I.
And there is almost no liquidity going to anything else, viewed as riskier, like all of cyrpto.

As long as those top stocks are massively outperforming crypto, we're just going to keep bleeding out.
What needs to happen, is for the incredibly overinflated large cap stocks, to all have a massive crash.
Then money will rotate into mid and small cap stocks, and into crypto.

continued in next post.

>>62321421
The uncertain part, is whether crypto will crash with the stock market.
In every previous cycle, crypto went up when the stock market did.
This time, it's different.
Stock market keeps making new all time highs, and we just keep dumping and crabbing.
If we have to first survive a crash caused by the stock market crashing, things will be real ugly.
Stock market moons, crypto dumps.
Stock market crashes, crypto dumps even harder.
If crypto dumps with the stock market, how long do we have to wait for a reversal?
Imagine if XRP dumps below $0.50 and they keep it there for the next 4 years.
A handful of you will be buying.

But you're forgetting what happens along with the entire stock market dumping, Great Depression style:
A massive cascade of companies going out of business, and the remaining ones doing massive layoffs.
I worry that they're going to try and grind most of us into the dirt for the next 4 years.
Best case scenario is that immediately after the stock market crashes, XRP moons.
Less good, would be if XRP dumps with the stock market; but it's really brief, and then XRP moons.
Worst case scenario, is that XRP dumps with the stock market, and they keep it low till 2030, while they destroy as many jobs as possible, hyperinflate the currency, and increase the price of everything, so no one can afford to invest in XRP at low prices.

I doubt we'll get either of the first two options.
Given how much our rulers despise us, it's probably going to be the last option.
Maybe our rulers will also do the false flag cyber pandemic that the World Economic Forum has done war games for.
Where the US government and Israel steal money from people's checking accounts, and crypto wallets, in the largest cyber attack in history, and then blame it on Iran, Russia, and China, to justify starting WW3.
Then they reinstitute the draft, and start tossing people into the meat grinder of war.

What a round trip this has been lads. o7

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I must be schizophrenic because this makes a lot of sense to me

This is endgame XSG material right here

>>62321450
no matter what happens, including nothing at all, XRP is going to keep sucking the big one. Easiest short ever.

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Portal anon likes to post under multiple user IDs.
Pic related.

>>62321492
Nano is good for Agentic AI nanotransactions, it's not at the Cross-Border settlement layer. Different surviving coins for different purposes.

Should be made ISO20022 compliant, but that would make it too data rich for it's purpose.

We have been bamboobzled so uber hard

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XRP is cooked, as the kiddos say. Nothing but a Chump Farm Token used to fund Ripples Treasury at no cost to them, with no interest due and no shares to issue.

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> feeling rough

any good news out there boys?

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xrp-eth pair is interdasting

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tether dominance at all time highs

yeah I think we're in the bottom now or very near it

>>62322431
xrp, xlm, and trx are the only cryptos i can think of that are still above their nov 4, 2024 prices.

>>62322491
there's 3 times as much tether in circulation than there was in late 2022 (the bottom)
in 2022 there was 30 times as much tether than in early 2019 (the bottom)
i figure we'll hit 12%.

>>62322672
12% usdt.d would take us back to .50-.60

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I just bought another 1M FLR, I now have 5M FLR. It's like a better XRP, Chainlink and ETH combined in one without having Chris Larsen, Jed McCaleb, David Schwartz and Ripple dumping their bags on us. And yes I still own XRP.

>>62322876
>The blunt window
I, err...what?

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>>62322876

Seriously what the fuck is going on with the markets

Not just XRP/BTC/Crypto but fucking everything

>>62322969
I bought evernorth
I think I'm down 0.1% today. Kek

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>>62322911
Hey fren, glad you want to talk about cars. Like Chris said car culture is hecking awesome. Especially if you are a XRP holder and can't even afford a car. Don't worry about the blunt window, he will just sell a few k zerpies and it's fixed.
Just go outside, form a community and just talk about cars.

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>>62322969
Something big is on the way. Any schizos on who can read bones? what do they prophesize?

>>62322969
Starlink is going to IPO on June 12th.
It's never made a profit, and it's going to be set at way too high of an initial price.
Just for Starlink, they lowered the requirements for who can invest.
It's going to dump massively.
A ton of liquidity is going to be drained from the stock market.

In the leadup to this event, crypto must be seen by the public, as a terrible investment.
Everything in crypto will continue dumping.
Once Starlink starts the stock market crash, Nvidia, A.I. companies, and all the big, over inflated large cap stocks will crash with it.
Great Depression 2.0

Then we find out if all of that liquidity rotates into crypto and XRP moons,
or, if they make crypto dump too.
Alternatively, they may not dump Starlink right away.
They may try and lure in more individual investors and mutual funds, before they dump it.
But given how massively overinflated Starlink is starting out at, I think they'll dump it right away.
While simultaneously convincing normies to buy the fire sale, as Starlink's stock price crashes further and further.

>>62322865
i have a limit buy order for $0.00589

>>62323087
>Then we find out if all of that liquidity rotates into crypto and XRP moons,

I'm sure this is the event where the great collapse and the banks and institutions are gonna buy xrp

The BTC bottom will be $57.2k-ish and then XRP moons and all our riches will be fulfilled

>>62323062
>anthropic
>evernorth
>spacex
The market is draining liquidity to buy these IPOs
Basically everything else will be a firesale while these go up only for a few weeks
Also zcash had an infinite money glitch for four years that went "unnoticed" so crypto is about to experience terra luna 2.0.
Personally I went all in on XRPN a few weeks ago and it's probably the best decision I've ever made

>>62323166
checkd and kekked xrp to $5

tomorrow is 6/6/6

We're going home boys, $0.50 here we come

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>>62323209
But what does this mean

It was so nice seeing artificial numbers on a screen but not cashing out

I'm such a fucking retard

>>62323304
Glucose.

>>62323013
The blunt window is a feature. You blow smoke out of it? Or pass blunts into it? It's not on the driver's side, so it's not for passing ham sandwiches inside of (said speort crar).

What exactly am I looking at here? ARG GTA6?

>>62321450
Based and fact checked on every level. I think a major catalyst is the Space X IPO, if that can make it into the nasdaq without the rule change, and if the crew dragon spacecraft doesn't wind up accidentally killing the ISS crew (big leak in the Russian section, Nasa ordered them into their shuttle while the Russians try to fix it)

If spacex can pull good pr out of this, I think it will be a lot healthier let down of the overcompressed and bloated index/AI valuations than a straight AI flash crash that wipes everything out in one fell swoop. Space and Crypto are intertwined from a "futurist economy transformation vision". If the market doesn't implode entirely, this will be a huge wealth transfer regardless.

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It's already priced in...

>>62323289
Phew, I was very uncomfortable not ranging around .589 usd. Spent so much time there it just feels like home.

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$1.09 guys were almost there .589

We moon pretty soon (0.589)

>>62323166
I mean, they have been buying XRP throughout these monthly dips and many institutions continue to close deals with Ripple the company. If this isn't it right now, then we're definitely close to the actual, literal, unironic Final Shakeout™ within months to a year (my bet is between this September and next April when things finally go belly-up), but as that other anon pointed out, there's a significant chance that once the stock market is given the greenlight to officially be rugpulled, XRP continues to crash to sub-$0.50 (instead of all that stock liquidity flowing into crypto in general and XRP specifically) and the wider economic fallout will be so bad that people are going to have a hard time buying food, gas and water while being laid off from their job, let alone being able to buy crypto and XRP and much of the crypto market will stay at rock bottom for years. I personally just started a new job in January and I am afraid to sign a lease in the new city I moved to because I don't know what's going to happen when shit finally implodes. Will I be furloughed or straight up fired? Will I actually be lucky and still keep my job? Who knows...

When do things get better?

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>>62323503
Hey fren, you are right. At first I didn't understand what a blunt window was but now I understand what you mean. A window to pass the blunt and to blow smoke outside. I didn't saw it at first and thought it was just a paper that was glued onto the window. It is at the driver's seat.

And you're looking at some Porsche that Chris Larsen bought by dumping some of his stack. He still has 2.5 billion XRP. So he will be able to buy a lot of other cars, mansions and donating to a lot of politicians. While retail investors keep getting fucked and never get any lifechanging money.
>Crypto billionaire Chris Larsen showers cash on London Breed—and scorn on her foes
https://sfstandard.com/2024/03/24/chris-larsen-ripple-crypto-san-francisco-mayor-breed/

At $3 he will have more money than Donald Trump
>Donald Trump's net worth is approximately $6.5 billion

And hey I'm not jealous, good for him that he has that much of money. The only thing I don't like is that us goys have been waiting for years and years and never have made any lifechanging money. David Schwartz only has like a million XRP.

>>62326177
The last time I bought xrp we were trading at ~.50
When we're back to that ATH we'll probably drop another 50% before I buy again

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>>62326177
I want to cry bro honestly I'm so tired of the pain

BOOOOOOOOOOOOOOOOOOOOOOOOOOM

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1.05!!!!

Don't sell bros. There's no more downside from here.

>>62326793
It's gonna keep falling. At this rate it'll be below $1.00 before the end of the weekend.
I should have sold at least some of my stack at $3.00. My last buy was at about $1.35. Fuck.
I'll buy some more while it's low to help my average, but, I'm so tired. It's been years of bullshit with the sec's lawsuit and how we constantly follow btc down.

RLUSD is almost in the top #30, overtaking AVAX and SHIBA

At least we got that going for us, right guys?

>>62326830
shut the fuck up faggot.

Imagine still having feelings or emotions at this point kek summer tourists

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>>62326873
I feel nothing


https://www.youtube.com/watch?v=f2Mp0XRnGF8

I had a dream last night that xrp went to $11 :(

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Could be strong bounce here

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THE GREAT FLIPPENING IS HERE

ETHEREUM IS NO LONGER SECOND

Maybe that was the bottom

6/6/6

the day the markets turned around

>>62326944
Insider here
Tethere about to exit scam

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>>62326961
that would be funny

>>62326961
Dare I say... Kaboom?

Maybe thats why RLUSD is climbing up so high

The harder the markets dump the higher RLUSD will go

>>62326919
https://youtu.be/Soa3gO7tL-c?si=4r4oN3WkiL6WLw1v&t=25

Guys remember, no one other than Extravod predicted all this

He said before we could pump we had to dump

Or perhaps we had to pump and then we dumped

I'm so glad I dont care about money or crypto anymore

if I still cared I would be very sad or furious at this point

>>62326969
>>62326723
>>62322431
>>62322283


Link sisters we are redeemed!!!!

>>62327070

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>>62327092
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/XSG/ XRP Schizo General #2547 Anonymous (ID: buqUNqZL) 06/05/26(Fri)06:12:51 No.62319437>>62319477 >>62319832 >>62320929

Previous: >>62292789 (Cross-thread)

>Buy XRP on:
Coinbase, Binance, Bitrue, Uphold, Robinhood, Kraken, Kucoin, etc

>Why hold XRP?
[YouTube] Why do I hold XRP? (NotFinancialAdvice.Crypto) (embed)
>Newfag Tutorial:
[YouTube] 10 Trillion Dollar Ripple XRP Standard | Documentary (embed)

>XRPL Guide:
https://xrpl.guide
>XRPL Explorer:
https://bithomp.com
>XRPL Richlist:
https://rich-list.info
>XRP ETF Tracker:
https://xrp-insights.com

>Latest News:
https://www.tradingview.com/symbols/XRPUSD/news/?exchange=CRYPTO

>X:
https://x.com/JoelKatz
https://x.com/bgarlinghouse
https://x.com/Ripple
https://x.com/RippleXDev
https://x.com/WietseWind

>The Myth of Market Cap:
http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2
>XRP FUD BINGO:
https://fudbingo.com
>ANTI-FUD:
https://pastebin.com/ZESsmqB8 (embed)

>Lore:
https://pastebin.com/Z39w20qf (embed)
https://x.com/bearableguy123
https://x.com/FoJAk3 [Mr. Pool archives]

>Schizo Ramblings:
https://pastebin.com/YHwQrGDW (embed)
>Past /XSG/ Threads:
https://pastebin.com/pZdQbREq (embed)

>What wallet do I use?
Hot storage - Xaman, Gem Wallet, Crossmark or Bifrost
Cold storage - Paper/Metal or Ledger/D’CENT

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>>62319847
>Anonymous (ID: 9H45RgEW)
>06/05/26(Fri)08:26:16 No.62319847 Anonymous (ID: 9H45RgEW) 06/05/26(Fri)08:26:16No.62319847>>62319932>>62319829
>>why?
>That was my question. Why create a new system that has like 25 years left in it, tops?
>
>>because the government wants control of the printing press and will kill to keep it.
>They've already started dismantling the dollar dominance, and we now have "the crypto president" in charge, it's all part of the plan
>
>>nobody actually wants a fixed supply asset to be the currency in circulation because it'll end up being hoarded, become more valuable over time
>Not really, it would just be a neutral position, very mildly going up over time but not as much as had you invested that money into a profitable enterprise. Most people don't change how they spend their fiat money day to day despite the knowledge that its value is going down, the same would apply to a mild inverse
>
>>the validators can adjust the burn rate way down to still allow individual transactions to cost a fraction of a penny.
>OK but why have a fee at all when there's a faster alternative that doesn't charge anything to use?
>>62321450
>Anonymous (ID: Nb/+RKNR)
>06/05/26(Fri)11:47:44 No.62321450 Anonymous (ID: Nb/+RKNR) 06/05/26(Fri)11:47:44No.62321450>>62321616

40 cents when?

>>62327109
>>62327110
based

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> Anonymous (ID: uRmWdyIc) >06/06/26(Sat)02:57:42 No.62327111
>
> 40 cents when?
>
>Anonymous (ID: as5YYXmU) >06/06/26(Sat)02:59:40 No.62327116
>
> >>62327109 (You)
> >>62327110 (You)
> based
>Reply to Thread
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>>62327121
so bullish xrp

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Also another example just off top of the head is the Crowned Prince of Dubai launching an XRP treasury company partnered with a billion dollar NASDAQ traded company and SBI. SBI are launching NFTs on the XRPL beginning of next year. The Dubai Land Department (Switzerland of the MENA region) is tokenizing land on the XRPL. ONDO are tokenizing OUSG on the XRPL and included it in the org chart of networks their service is built on functionally. Bank Social (just take a look at their partners) just announced they are expanding to building out on the XRPL, etc. All of these are just the last few months alone, just off the top of my head. You are delusional and DESPERATE. You're also forgetting burns and reserves which at scale matter. ODL is demand-neutral per transaction due to the buy-sell cycle, but not entirely at scale. Market maker requirements, burns, reserves, and adoption create indirect demand, making it “mostly neutral” with deflationary and broad ecosystem-driven exceptions. Instead of driving demand for 33.11 million XRP ($100 million), ODL’s buy-sell cycle reduces net demand to ~993,377 XRP ($3 million) from market maker reserves. Burns (10 XRP = $30.20) and reserves (10,000 XRP = $30,200) persist but have limited immediate impact. You don't see tokenization of assets or markets or NFTs etc. on link due to its messaging buildout, you do see that for successful liquidity buildout. And XRP has in-built messaging features, which once fully phase out the need for SWIFT or link in payments. As adoption sets in and becomes broad, SWIFT seems more and more like an unnecessary friction in payments and rather than pay rent for no reason, systems migrate to the least resistant, most capital preserving route. And they are incentivized to drive XRP price up for synergistic efficiency increases in payments, which may be why you see things like the crowned prince of Dubai launching his XRP treasury company etc. and would likely see much more in a mutually cooperative wa

>>62319531
I thought Charles had a shit fit and rugged ADA?