Not Financial advise. Just someRandom Crypto Thoughts.
I love Bitcoin. I have fond BTC mining memories.
Recently in CoinTelegraph on XRP vs BTC:
"XRP is more like a specialized tool that is designed for settling cross-border transactions with lower costs and quicker speeds than traditional fiat currency. "
OK. But let's call a spade a spade.
XRP is just like BTC in that it moves value. Unlike BTC, XRP moves value in record time very cheaply. Like BTC, XRP runs on a decentralized Public ledger. Like BTC, it has a supply cap. Unlike BTC, XRP does have a more eclectic network aspect.
We can see in the attached picture that BTC did not reach 4.236 fib projection last cycle. Did it get the flu? Why is it struggling way below its S2F model? Did like minded people do what I did in late 2019 and spread into XRP? Note the thick trend line going back? It was a value reset.
I cobbled some fractals together (they can evolve in any they want) & provide the following thoughts:
If BTC trades 260K (a 4.236 proj), then a .000200 XRPBTC spread gets XRP to $52 & BTC = DADDYMODE
If BTC trades 124K (a 2.36ish proj), then a .000200 XRPBTC spread
gets XRP to $24 & BTC = GrandPaMode
If GrandPa Mode past 2025, then XRP = DaddyMode2 & XRPBTC trades
greater than or equal to .000200
XRP can take top spot. I think it should. (I am still a Cub fan. I am still a BTC fan. I am not an ETH fan and never will be).
I love Bitcoin. I have fond BTC mining memories.
Recently in CoinTelegraph on XRP vs BTC:
"XRP is more like a specialized tool that is designed for settling cross-border transactions with lower costs and quicker speeds than traditional fiat currency. "
OK. But let's call a spade a spade.
XRP is just like BTC in that it moves value. Unlike BTC, XRP moves value in record time very cheaply. Like BTC, XRP runs on a decentralized Public ledger. Like BTC, it has a supply cap. Unlike BTC, XRP does have a more eclectic network aspect.
We can see in the attached picture that BTC did not reach 4.236 fib projection last cycle. Did it get the flu? Why is it struggling way below its S2F model? Did like minded people do what I did in late 2019 and spread into XRP? Note the thick trend line going back? It was a value reset.
I cobbled some fractals together (they can evolve in any they want) & provide the following thoughts:
If BTC trades 260K (a 4.236 proj), then a .000200 XRPBTC spread gets XRP to $52 & BTC = DADDYMODE
If BTC trades 124K (a 2.36ish proj), then a .000200 XRPBTC spread
gets XRP to $24 & BTC = GrandPaMode
If GrandPa Mode past 2025, then XRP = DaddyMode2 & XRPBTC trades
greater than or equal to .000200
XRP can take top spot. I think it should. (I am still a Cub fan. I am still a BTC fan. I am not an ETH fan and never will be).