And we finally have the news that we were expecting (well, everyone except the XRPtards). Coinbase has suspended XRP trading, which basically destroys the company, the token and the community. I took a look into the social media communities and they are bleeding members. Everyone is jumping ship, and you should, too. This scam has run its course and there is no further upside to this garbage.
I believe the 40% jump in Polkadot is related to this news. As XRPtards realize the party's over, they want to move their assets into another well-known protocol that has good potential for upside. Funny how Polkadot has a better reputation than Ripple/XRP and Polkadot hasn't even come out with its mainnet yet!
What's more, Ripple principals continue to dump the token on the market for pennies on the dollar. News flash, XRP hodlers! YOUR PRINCIPALS ARE NOT HODLING. THEY ARE DUMPING ON YOU.
Throw in the towel, XRP. It's over. Come get a hug. Don't worry about making investing mistakes — we've all made them. Hell, I just wrote a post about the stupid shit I've done trading in crypto. Read it if you want to feel better. Tip it if you want to make me feel better. XD
There are plenty of projects that deserve your money more than XRP, guys and girls. Don't be ideologues. Come pump my Polkastarter bags more. Also — even if they settle this, do you really think that any bank will touch them after this? They will never get adoption in a world that runs on reputation and fundamentals. Remember, this is a company that hung its hat on MAINSTREAM adoption. They wanted to get in with the biggest banks in the world. Not happening even if they win the case.
Note: Keep in mind that the principals will try to fake like the project is alive. They will still go through with the Spark airdrop. They will still come out with news items. But just take a look at any exchange. How many deathcoins are still being actively traded? Don't get fooled. This project is officially a zombie until the case is over, then it just becomes a failcoin.
In the meantime, JPMorgan Coin is gaining adoption and is already cleared by US officials.
Hug?
