ooook.. i just have to say this. many people on XRPchat.com need to grow up. All im reading is the constant, typical whining and complaining investors do when they dont get their way.
Yes, XRP's price went down.
Yes, management once again made things seem bigger than they appeared.
The stupidest thing Ripple did was invite Bernanke to the meeting. What the heck were they thinking? And they paid him to come?? He was directly connected to the 2008 crisis, even admitting the Fed didnt 'do enough' to stop risky lending (look it up if you dont believe me).
Great! He admits it, yet admitting it does nothing for the millions of people who lost EVERYTHING. It's very difficult for Bernanke to side in with those who lost their life savings when he's still a millionaire. I believe immediately following the crisis, he 'blamed regulation'.. but hello? He was the one able to REGULATE!
The horror of the 'Financial crisis' gets lost in the term 'Financial crisis'. It was not a 'Financial crisis'. It was the worst governmental delusional blunder in HISTORY. The only reason it doesnt seem that way is because the government made bailouts for the banks; they knew bailouts were going to be needed even before the 'financial crisis' occurred!
On one hand, I personally believe in XRP and the theory behind it. I wont sell my position, and will hold pretty much forever simply because i didnt invest more than i can afford to lose.
On the other hand, Investors need to stop whining. If you dont like what XRP is doing, SELL and be done with it!
STOP LOOKING FOR 'CLUES' AND 'HIDDEN HINTS' IN EVERYTHING!
When Ripple created that 'mysterious shape', investors were finding connections between it and the different shapes of countries. ITS A BOX! THATS IT!
My discovery..
https://investorshangout.com/post/view?id=4710081
One of the biggest mistakes investors make (I learned the hard way with this) is finding 'clues' in everything. Stocks dont put out hidden symbols in hopes their investors will discover its hidden meaning. When you invest. Just invest. Dont try to become Sherlock Holmes.
Invest knowing that you will lose everything, and be surprised when you make profits. Not investing knowing that you will make profit, and be surprised when you lose everything.
Ripple management can do whatever they want to do; its their company. But looking at it from an outside perspective, theyre making many mistakes along the way.
As for investors complaining, check out this comment from a 2010 Bitcoin forum:
https://bitcointalk.org/index.php?topic=137.0
No one, and i mean NO ONE thought bitcoin would ever be worth $5,000+ in 2010. XRP is currently ~.20 cents. i see XRP as being another BTC. Currently, the price sucks, but NO ONE today can fathom XRP being worth $100+
Who knows, in 10 years we'll look back on this post and laugh when XRP is worth multiples of dollars.
Yes, XRP's price went down.
Yes, management once again made things seem bigger than they appeared.
The stupidest thing Ripple did was invite Bernanke to the meeting. What the heck were they thinking? And they paid him to come?? He was directly connected to the 2008 crisis, even admitting the Fed didnt 'do enough' to stop risky lending (look it up if you dont believe me).
Great! He admits it, yet admitting it does nothing for the millions of people who lost EVERYTHING. It's very difficult for Bernanke to side in with those who lost their life savings when he's still a millionaire. I believe immediately following the crisis, he 'blamed regulation'.. but hello? He was the one able to REGULATE!
The horror of the 'Financial crisis' gets lost in the term 'Financial crisis'. It was not a 'Financial crisis'. It was the worst governmental delusional blunder in HISTORY. The only reason it doesnt seem that way is because the government made bailouts for the banks; they knew bailouts were going to be needed even before the 'financial crisis' occurred!
On one hand, I personally believe in XRP and the theory behind it. I wont sell my position, and will hold pretty much forever simply because i didnt invest more than i can afford to lose.
On the other hand, Investors need to stop whining. If you dont like what XRP is doing, SELL and be done with it!
STOP LOOKING FOR 'CLUES' AND 'HIDDEN HINTS' IN EVERYTHING!
When Ripple created that 'mysterious shape', investors were finding connections between it and the different shapes of countries. ITS A BOX! THATS IT!
My discovery..
https://investorshangout.com/post/view?id=4710081
One of the biggest mistakes investors make (I learned the hard way with this) is finding 'clues' in everything. Stocks dont put out hidden symbols in hopes their investors will discover its hidden meaning. When you invest. Just invest. Dont try to become Sherlock Holmes.
Invest knowing that you will lose everything, and be surprised when you make profits. Not investing knowing that you will make profit, and be surprised when you lose everything.
Ripple management can do whatever they want to do; its their company. But looking at it from an outside perspective, theyre making many mistakes along the way.
As for investors complaining, check out this comment from a 2010 Bitcoin forum:
Quote:
Re: Pizza for bitcoins?
May 18, 2010, 07:01:50 PM
#4
10,000... Thats quite a bit.. you could sell those on https://www.bitcoinmarket.com/ for $41USD right now..
good luck on getting your free pizza.
https://bitcointalk.org/index.php?topic=137.0
No one, and i mean NO ONE thought bitcoin would ever be worth $5,000+ in 2010. XRP is currently ~.20 cents. i see XRP as being another BTC. Currently, the price sucks, but NO ONE today can fathom XRP being worth $100+
Who knows, in 10 years we'll look back on this post and laugh when XRP is worth multiples of dollars.
View My Board Here:
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
