Why is that crazy?
Anything is possible.
Xrp has wild fundamentals.
Tether.d is going to crash with RLUSD going live.
Tether is propping up BTC.
Difficult to explain everything but chart fibs basically plus confluence in the market, with fundamentals.
All crypto drop -70% from top to bear market.
Of course XRP may not flip BTC market cap, I just say that to weed out certain types of people (it worked) but it’s certainly going up.
My target put it between $6-$33. It’s a wide range but those are the fibs.
Main chart to watch is the BTC/XRP chart and the bitcoin dominance chart.
You can see when xrp had a big run in 2018 (it flipped Eth market cap) how high the price went Vs BTC.
The XRP chart itself is extremely well structured too.
Fundamentals -
- Suppression from the sec lawsuit.
- Rlusd going live
- Many builders coming to xrpl
- First ledger is the highest growing crypto finance app this month
- Liquidity- When it rose recently, it had the daily volume of BTC and Eth combined
- Genuine partnerships of ripple
- Legal clarity (only other token that does is BTC)
- Trump saying no more tax on USA project gains
- Involvement of ripple within trump government
- Actual use case that solves real problems
- Fast and low cost with immediate settlement
- Amm launch and liquidity pools giving 5% apt on chain without 3rd part risk
- Deflationary with xrp burned with each transaction
Use case -
- Cross boarder payments with instant settlement. Removes the need for nostro Vostro accounts. Unlocks liquidity. Good.
- Reduces fx fees massively for people living abroad who are sending money home
- Rwa tokenisation
- Number go up
Been buying since 2020 with other tokens but xrp has the biggest actual use case imo.
Hope this helps 
I have been buying since 2014 and I am still waiting for an actual use case. It still feels like it’s an extremely interesting technology which has yet to find a true “consumer” need to service.
Within the context of this topic I would say, prioritise other traditional investments before using “fun money” for any crypto.
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It has a use case and it’s being “used”, which is reflected in the price already.
I disagree with the “only buy stocks” thing as it’s safer and use fun money in crypto.
I think there is a massive opportunity cost for not being in crypto.
But it depends on your timeframe and appetite for risk.
Id buy both.
BTC = PSA 10
Ripple = BGS 5.5, white paper label not even silver
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What’s BTC use case though?
Other than shilling to other people that “number go up”.
It’s a store of value with a finite number available. Large institutions now own a ton of it. That’s really it. It’s an asset with “diamond hands” as well which really doesn’t exist outside of gold bugs.
I actually think that chart you posted of XRP is a beauty (and certain to breakout again when BTC goes to 125) but the use cases were the same 10 years ago. SWIFT remains king and is multiples larger now than it was then. Nothing has changed except for the potential for a friendly face in the white house and in New York.
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I used to hold BTC and sold at 90k and with respect, that’s not a use case.
People compare it to gold, but gold has a use case and actual utility (jewelry, tech etc).
BTC is slow and expensive. You can’t use it for payments and there are better stores of value.
The only use case I see from BTC is it being “disconnected” from traditional finance and can’t be manipulated by a governmental body. This was it’s original intention.
But tbh that’s not even that true anymore due to miners mainly being in China that can group up and mess with the network, and the fact that governments are supposedly buying it and bringing it into the traditional finance system (whether they are actually buying it or buying ious is something to still be seen).
It’s the polar opposite of what the white paper / satoshi created it for.
Also interest in BTC is falling with each cycle from a Google trend perspective.
Xrp has made huge progress since 2018.
As my post above illustrates, those are real life things that have actually happened. They aren’t future hopes and dreams (yes cross boarder is still on a smaller level than swift, but cross boarder with xrp does happen with various partner platforms in various jurisdictions).
Yes, it’s unlikely to take BTC market cap whilst btc.d is still where it is now BUT it’s certainly going to be one of the top performers this run (and it could take over BTC.d if it falls below 30%).
I hope it does well but my call is 110k for BTC then it rolls. Maybe it hits 150k. It’s still all speculation for BTC instead of actual use.
Cryptocurrency is the answer to a problem that doesn’t actually exist.
In my experience, all use cases I see for crypto have other just as efficient, if not moreso, solutions.
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The weird thing with crypto is you convert it to USD value first when trying to figure out how many virtual coins to send for something.
Until the local grocery store accepts crypto, is there any utility of it outside of sending to others for cardboard encased in plastic?
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Actually, the only time bitcoin will have actual value in that sense is when you can pay taxes with it. Until then it’s a speculative asset.
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Another ATH reached for BTC today of over $106,500, off the back of Trump’s promise about creating strategic national crypto reserves and crypto-friendly policies.
In what remains a significantly speculative bull market, it begs the question: what would the market look like if Trump hadn’t won? (no political debate intended, just market speculation). How would investor sentiment change if the pro-crypto policies don’t pan out as expected, or at all?
Gone are the days of the Space Race: there now appears to be an emerging ‘Crypto Race’ between world governments. This article discusses the outlook that some non-US countries have on a potential move away from international dependency on the US Dollar as the global reserve currency:
[Satoshi Hamada on calling for a national reserve of Bitcoin in Japan]: “Bitcoin’s appeal as a national reserve asset is its neutrality and decentralization. Unlike traditional fiat currencies, Bitcoin is not controlled by any single country, making it a good option for countries to reduce their dependence on foreign currencies like the US dollar. Hamada said a bitcoin reserve can increase financial independence and create a fairer global trade environment.”
In other news, MicroStrategy $MSTR has been accepted into the Nasdaq 100.
Relevant selections from various articles:
“…we still need to be cautious on a BTC strategic reserve…consider that this is not likely to happen anytime soon," said Chris Weston, head of research at Pepperstone. "…any comment from Trump that offers an increased degree of hope that plans for a strategic reserve is evolving are an obvious a tailwind, but this would come with consequences which would need to be…well telegraphed to market players.”
“China, UK, Bhutan and El Salvador are the other countries with significant amount of bitcoins, data site BitcoinTreasuries showed. Other countries have also been considering cryptocurrency strategic reserves.”
“Vladimir Putin… said the current U.S. administration was undermining the role of the U.S. dollar as the reserve currency in the global economy by using it for political purposes, forcing many countries to turn to alternative assets, including cryptocurrencies.”
"MicroStrategy…has seen its shares soar more than six-fold this year, taking its market value to almost $94 billion…Pepperstone’s Weston said the market was “front running the idea that Michael Saylor (MicroStrategy CEO) will capitalize on the likely rally in the MicroStrategy share price… he’ll presumably sell shares and purchase more bitcoin.”
“The House of Representatives’ Steering Committee has elected Rep. French Hill, R-Ark., to become the next Chairman of the House Financial Services Committee, drawing positive responses from some prominent names in the cryptocurrency industry.”
“Microsoft shareholders rejected a proposal to invest in bitcoin at the company’s annual shareholder meeting on December 10. The decision is a sign of cautious approach to digital assets from one of the biggest tech companies in the world. The proposal was put forward by the National Center for Public Policy Research and backed by Bitcoin advocate and MicroStrategy co-founder Michael Saylor. But Microsoft’s board voted against it, citing bitcoin’s price volatility and the need for stable investments. According to voting results published on Microsoft’s website, only 0.55% agreed to inclusion of bitcoin in the company’s treasury.”
"Texas State Representative Giovanni Capriglione just introduced a bill to create a Strategic Bitcoin Reserve for the state. The bill highlights:
> Texans can donate bitcoin to the reserve voluntarily.*
> Government agencies can accept certain digital assets for payment and convert them to bitcoin.*
> Bitcoin must be held for at least 5 years before transfer, sale or conversion.*
> There will be strict rules regarding transactions associated with foreign entities or individuals involved in illegal activities."*
“The City of Vancouver is looking into adding bitcoin to its financial system after city council passed a motion in that regard. Mayor Ken Sim is leading the charge to look into accepting bitcoin for taxes and fees and holding bitcoin as part of the city’s reserves.”
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" Pepperstone’s Weston said the market was “front running the idea that Michael Saylor (MicroStrategy CEO) will capitalize on the likely rally in the MicroStrategy share price… he’ll presumably sell shares and purchase more bitcoin.”
…
That was quick, LOL
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Imo microstrategy is the next black swan (besides a global war) like how FTX was.
Bro is using tonnes of leverage with an increasing spot cost basis as he likes to buy tops.
When will the house of cards collapse?
When he can’t issue any more convertibles…
Micro is a good stock for people for whom Bitcoin doesn’t provide enough volatility / adrenaline rush. Long term BTC DCA’ing is the limit of my own risk tolerance. Maybe it has incredible potential, maybe it doesn’t, but I’m not touching MSTR with a ten foot pole.
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What’s always been sketchy to me is how so much of this marked runs on hype and vibes.
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I’m just buying SHIB for fun ($50/mo max) and KO (Coca Cola) for long term.
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In regard to Bitcoin specifically, it’s largely because the majority of the public don’t fully understand it; its fiat-beating traits as a currency, how it’s ‘mined’, its fundamental value, the reasoning behind why it was created in the first place, and critically: how to actually buy, secure, and transact with it.
Most people just see “Bitcoin go up” or “Bitcoin go down” but don’t really know why genuine, long-term investors are buying it. In their minds it exists as a trend that follows widespread speculative sentiment. So, when most people see it that way and treat it that way, that’s the way it behaves.
Growing institutional and government investment has already started to change the volatility to a certain degree; larger, longer-term holdings are leading to the price action remaining much more propped up than in previous years. Though of course, still comparatively volatile. The turning point of wider acceptance will be in tandem with with various ‘happenings’, politically and economically, but I think crucially it will come when the learning curve and barrier to entry is drastically reduced for most people, and when the existing monetary system starts to disillusion more people at best, or fail more nations at worst. Bitcoin is fundamentally different to classic fiat currencies like the Dollar and Pound, because it’s decentralized; it is not controlled or manipulated by any entity. This comes with fanastic economic benefits for the users, but also challenges in terms of how to hold the keys to a supply of it in a sufficiently secure way. Once these challenges and barriers to understanding are more widely lowered, uptake will probably increase.
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No one transacts with btc. Imo it has no use case other than number go up from speculation. It has no utility (even gold has actual utility) and it’s a far cry from the white paper (more centralized than ever).
Imo it’ll fizz out like aol and ultimately a crypto success will be driven by the actual benefit it brings people (faster, cheaper, solving problems).
I sold all my btc at 90k. My money is on the better tech.
We get alt season now.