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Any thoughts why XRP was targeted?

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Tsar
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Posts: 4753
Joined: August 7th, 2012, 12:40 pm
Location: Somwhere, Maine

Any thoughts why XRP was targeted?

Post by Tsar »

I lost confidence in XRP when it always failed to move like decentralized crypto. But I am still surprised the SEC targeted probably the most regulation-friendly crypto which is also US-founded and US-based. I was considering Ripple over Bitcoin but my logic said it isn't worth it after a huge run-up over the hype of a token drop built on the Ripple Network and Ripple is inferior to bitcoin and ethereum.

I went with Bitcoin. I think Bitcoin needs to cool down somewhat and with Christmas and New Year's, I wouldn't be surprised to see a small drop of a few thousand.

I still think Bitcoin should go to $50,000 easy next year but since I don't have much money, I figure trading it smartly is better than the HODL strategy which is just accumulate and not really sell.
I'm a visionary and a philosopher king 👑

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