My Thoughts On Ripple & XRP
ฝัง
- เผยแพร่เมื่อ 18 ก.ย. 2024
- Avoid this cryptocurrency
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The future of the crypto industry is partially riding on what’s happening to a relatively small project that you may or may not have heard of by the name of Ripple. Currently the project is worth 43 billion dollars, a finite supply of 100 billion coins with each coin currently worth around 94 cents at the time of making this video - the peak this year was around $4 which is pretty crazy.
DISCLOSURE:
I own 3,680 XRP tokens that I bought in 2017, the price has nearly tripled since then.
What is XRP?
XRP has consistently been in the top 10 coins since it launched in 2012 and since the beginning of time it’s been compared to Bitcoin as a currency. Each XRP transaction takes anywhere between 3 to 5 seconds to settle - that’s in comparison to Bitcoin’s roughly 10 minutes, each transaction costs .0002 or 2 ten thousandths of a penny so it’s almost free to use unlike Bitcoin which can cost upwards of $50 sometimes per transaction, it can scale up to 1,500 transactions per second in comparison to Bitcoin which currently does 3. And on top of all that, it’s environmentally friendly.
WHAT IS IT FOR?
It's not like Bitcoin or Ethereum. The closest comparison is a technology called SWIFT which is used for banks to transfer money. Swift handles something like $6 trillion dollars a day and you can think of it like iMessage for banks - which uses code that contains details about where a payment might be coming from, how much it’s for and where it’s going. In 2018 alone, half of all the high value transactions that were made were made with Swift.The legacy banking system is slow, clunky, and expensive. Ripple is trying to change that with their technology.
WHY IS XRP THE FUTURE?
There has always been a gray area from our government to figure out how to classify crypto whether cryptos are securities or if they are commodities. The SEC has accused Ripple of creating an unregistered security. Here is the difference between securities and commodities using the “Howey Test” which helps us figure that out by asking 4 simple things.
1. Is it an investment of money?
2. Is it in a common enterprise?
3. Does it come with the expectation of profit?
4. And does this profit come from the effort of other people.
If yes, then it’s considered a security. Securities are regulated much more strictly than commodities by the Securities Exchange Commission (SEC). If XRP gets classified as a security, the crypto markets would substantially fall because this would affect a lot of the speculative investments people are making today.
WHERE DOES XRP COME INTO PLAY?
It doesn't. It was created to provide liquidity to the banks to use a standardized currency without the worry of foreign exchange rates. The currency does not depend on the technology that Ripple has created. In other words, you can use any currency (crypto or otherwise) and still use their tech.
WOULD I BUY XRP TODAY?
I would not. This is because XRP is a "pseudo crypto". Even though it has the hallmark pillars of decentralizations like nodes, users, businesses, and developers - it lacks miners. The consensus model of XRP is based purely on what Ripple wants it to be which is why they approve the UNL (unique node list). In my personal opinion, Ripple is centralized.
I believe Ripple's XRP had the intention of becoming more. Since it never found widespread adoption from central banks, XRP became a funding mechanism for Ripple's (the company) projects. This means the XRP token could go to $0 and Ripple Labs could still go public and thrive with an incredible technology that was funded from the greed of speculative investors.
*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
Imagine my surprise. A “Crypto TH-camr” that doesn’t know what he’s talking about.
Lol fr
Haha, exactly, he joins the FUD trends!
This vid should be taken down.
Guys,
Whats the best coin to buy now?
For someone with 1.5 million followers you really dropped the ball on this one do some more research sir
Facts he is a clown
he did and that's his opinion so
The Ego does not let him see the forest.
He did all that research...you people still have the dream of shooting to the moon overnight...wow xrp should ve been atleast worth $15 by now...where does it stand at miserable $1 and change and its inflationary supply...goodluck xrp community..I wasted 15000 n 4 years of my precious time atleast I got my money back from polka....
He did do research..he tried to save you from that scam..if you don’t listen then thats on you..you better not cry when they take all your money
False. Please do research before posting faux data.
The XRP Ledger uses a consensus protocol that relies on a majority of validators to record and verify transactions without incentivizing any one party. The XRP Ledger is based on an inherently decentralized, democratic, consensus mechanism-which no one party can control. Not ripple not the owners.
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Too bad Ripple is a scam since day one.
Ripple appoints the validators what are you talking about 😂
It also holds all the supply in a escrow account..they can release whenever they want..its about as centralized as it gets
A year has passed…. It’s time for an updated video on XRP and Ripple…
The lack of research this fool has done is mind boggling.
literally lmao, this guy stinks now
Btc maxi be like hahahaha
maybe he`s a visual learner ?
he big noob
so true this whole vid is full of bullship mr magic dont know what he is talking about its called ODL on demand liquidity what bank wouldn't use that. and magic guy Stop comparing dog e coin with xrp At least he admits he dosnt know what he is talking about. WHY make vids on subjects you have to say "i dont know anything about this but" oh yea click bait
Xrp is decentralised and has many use cases outside of what Ripple is doing. This guy really needs to do some proper research.
He lost a lot of money from doge coin so he puts all of his anger to xrp lol hahhahhaa what a kid
xrp is a shitcoin no other way about it
Can you give some use cases
Did you get paid to say this?
andrei nooooob
Avoid XRP?
Ok, you're officially a lunatic.
Or!
Sorry...
Yes, avoid. If you want to carry on with the same employee life.
This is like making a video in 1999 about Google being a scam
A guy that shills DOGE on a weekly basis, is trying (failing miserably) to argue XRP fundamentals. Cant make this s up..
Cant trust any Doger
he didn't shill Doge, he said his opinion on it in day 1, and i didn't buy any because of him, so shill out man
He's being paid. Some real shady shit going on in the US.
its hilarious really
literally is just for hype coins with no long term value. who should we invest in? 14yr olds that want to get rich quick or central banks across the world?
6:23 XRP and the XRP Ledger is decentralized. Ripple only runs (controls) 1-2% of the nodes. They don’t have a majority vote and by this small ownership, they do not control the network. Each validator has their own Unique Node List (UNL). Ripple has their own UNL. The other validators have their own UNL. I said this part to debunk the false allegation that Ripple picks and chooses the validators.
Also, the SEC is not performing well in their case against Ripple. You would know that if you actually listened to each court hearing, read the transcripts, and listened to other lawyers give their assessments of the situation.
You might as well trash this video.
*Edit: Don’t trash this video. The XRP army is providing quality education here to make up for your misunderstandings.*
Exactly. As i replied on one of his comments here. Lets wait and see in the next couple of months on how SEC vs RIPPLE will end and I will surely go back on this channel to laught at him. 😂🤑🤑🤑
I bit more research from a content creator with more than 1 mil subs would have been nice. What a let down. 🤦🏼♂️
Perfectly said.
The comment section is at least correcting wrong info, and there is over 90% of info in this video that needs to be corrected.
I am really surprised that he messed up this one that easy.
I hope he will accept that he did very little research on Ripple and XRP.
True
XRP was created before Ripple, Nodes are not assigned by Ripple, Interledger Protocol is decentralized, XRP is not created for banks - it has many other use cases, SEC just said ETH/BTC is not security - without providing the details - what is and what is not. If XRP is security, then ETH is as well, with Vitalik IPO. Crypto must be minded in order not to be a security?! XRP in all other countries considered as digital coin. Banks will use XRP as bridge to transfer money internationally after all regulations will be settled, software installed and tested. Also XRP can be used as ODL - so no pre-funded accounts needed.
Wow, this was very uninformative.
I like how you hold up the logo of Ripple the company and then proceed to discuss XRP the currency lol.
100% xrp bags and growing. Enjoy the other scam coins. 😂👌
Thanks for the feedback...
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*Do well to respond*
What do you expect from a Chucky Doll? Actual research?
😂
100% hahahahahah
Wow. Please do your research more before a video like this. Sounds like you are just repeating what you have heard Bitcoin maximalists regurgitate on Twitter. People are going to miss the opportunity of a lifetime listening to this FUD news.
First half of the video was positive facts second half was just my opinion 🥳👌
Wow, you're into crypto too. nice
What do you mean with "the opportunity of a lifetime"?
Everybody is an expert... I think I'll start a cooking channel, as that would be something that I know nothing about, but it makes so much sense after reading this...
Who is this lady lol? I love how people who do 0 research say "he did no research", yet don't refute any points he made. Opportunity of a lifetime? Lets keep this same energy when the rug gets pulled or the SEC wins the case.
I can't wait for the "i was wrong about xrp!" video.
Thanks for your feedback....for more information
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It’s inevitable, lest he lose any credibility when XRP makes moves soon.
Xrp army guy hahaha
Ive seen quite a few "i was wrong about xrp" videos
The anticipation is off the charts.
You have THIS MANY viewers and apparently did no research.....amazing.
It’s really disgusting to be honest.
This guy is likely a paid shill. All the reason why people should buy. Ripple has a 30 billion dollar valuation that’s not a relatively small company...
Complete shill
btc maxis hate competition especially xrp & pay people to FUD
they even have paid discord groups in order to pump and dump coins for profits
For real.. so will of anderi wtf
He’s a Tard obviously
“Xrp has nothing to do with Ripples amazing technology” Umm sirrr... Xrp is the technology. Please stop talking about things you’re not informed on. I’ll be waiting on your follow up video on this. Respectfully.
Fax
Amen!!
Lol he needs to do a little more research ! I feel bad for him now it’s not a good look !
Ummm, actually, XRP Ledger is the technology. XRP is the native token that is utilized on that ledger...
I think you're the one who don't understand. XRP is a token. Ripple Lab is the tech 🤣
Comparing the actual performance of the two, Ripple is the better blockchain. Not only are XRP transactions faster and cheaper, but they can scale much more than Ethereum.
In my opinion, both projects have a very bright future in the blockchain industry
Trading digital assets like the ripple and ethereum can be rewarding
Generally, trading and investing in crypt0 assets can help generate income and grow wealth. It is indeed a professional option
How can i generate income from Crypt0 ?
Am really interested in starting one
Mathew
When you look at bitcoin’s potential for returns, plus its resilience and reliability, it’s easy to see why so many investors are becoming increasingly interested in cryptocurrencies.
That was a waste of time.
"People are still going to defend XRP in the comments" Yeah probably because you act like an expert, but you're just talking out of your arse about something you clearly don't understand
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because this guy is clueless about xrp
What you mean there was no waste of time he made a bunch of $ with all this comments and views and likes 😂
Man... Andrei has never been so misinformed :D
Lol video is going to age badly
I would call it lying. He straight up made himself look like a jackass clown in front of millions of people. This video is making its rounds and people are straight clowning on him for being such a lying douche lol
Pseudo crypto lol
He will lose out big time. Hopefully his followers don't take everything he says as gospel.
First time I've ever come across this normie clown.
Man, you need to do a lot of research regarding XRP. Your knowledge was not enough.
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What did he miss, Mejari?
I hope you’ve been following the lawsuit, and Ripple in general: there’s been A LOT of developments since 🙏☺️
You don't know anything about XRP if your comparing it to swift , XRP IS ON A WHOLE OTHER LEVEL
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After watching this video I just have one questions: how come you have so many subscribers?
hahahahahahahahah
Right....hes just another idot pretending to be smart
Because his videos are awesome! But this one is not I really love his content but not his opinion on xrp love my ripple
they must be more clueless than him
Because he targets bored Millennials that want easy money
I guess he didn't realize he's messing with the XRP army. I considered him to be a very informed person, but that has changed dramatically. I suspect this will not be the last time he will hear from the Army. Oh dear, lol.
XRP army of retards that missed the greatest bullrun to date
What an entitled, ignorant comment.
12:39 "before I understood any of this stuff" You still don't. Clearly. This needs a follow up video explaining your ignorance.
Of course 👆👆👆
Helpline📶
For support and mentorship 💰💰
- - - - -
Cannot stop laughing 😂, you made a huge mistake 😅, now you the XRP army at your door lol.
Knock knock knock
Lmao wrong community to fuck with
The amount of false info in this video is laughable! Maybe tone down the effort on video editing and focus on providing actual facts 😂 😆 such a joke of a channel first and last video ill be watching from this guy
Xrp army A.K.A loser cult
This is what happens when you state the wrong damn I formation
Some people are too obsessed with Bitcoin to the extent that they will either willfully lie or demonstrate pure ignorance about other crypto currencies without doing a thorough research or study about a biased opinion they have. No serious researcher will ever come to the conclusion that XRP is centralized and not decentralized.
Just because you put a disclaimer at the end that says "watch there will still be people that defend xrp on twitter" doesn't affirm your position. People will disagree because of your monumental ignorance when it comes to xrp and the xrpl.
no people will disagree anytime their religion comes into question
No, people will disagree when little research is done and baseless arguments are given to justify your own bias towards a topic. In this case your dislike of ripple because in your view it stands against what crypto means for you and banks haters.
@Andrei Jikh why not sell the 3,000 xrp that you have if you don’t think it’s a good coin. Ik you said that you bought it but back when you didn’t know much but if we should avoid it why not sell the little that you got when it went up? Maybe you think it will go higher..
This is why xrp will absolutely moon
Still waiting 😭😂
Obviously hasn’t done his research.... WHAT A JOKE
This dude doesn’t know anything about crypto 😂. Shills doge yet spreads misinformation about other coins.
Thanks for your feedback....for more information
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09:25 - He's wrong here. The XRPL is permissionless, decentralized, and immutable. Because you, yourself, and anyone can develop on the XRPL right now. Anyone can run a validator node on the XRPL right now.
I run a node on XRPL. I'm just a regular guy with an interest in DLT and blockchain.
What is a node? What do you mean anyone can develop on it?
I used to invest in btc, now I’m xrp all the way
Andrei is going to have some unhappy subscribers when they sell their XRP bags from his FUD and XRP moons afterwards 🤷🏾♂️
Thanks for the feedback...
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*Do well to respond*
"Ripple the company owns xrp" no sir, we own xrp
Everyone who bought it owns xrp, man how does he have 1.5mil subscribers 😂
He dropped the ball on this video
XRP came first..
He clearly sounds very uneducated
Lol yeah XRP existed even before "Ripple". It was known as OpenCoin in those days and simply solved Bitcoin's speed, cost, and energy problems by ditching PoW for BFA consensus...
THEN they built the company, lol
I love that the title has been changed from “avoid this cryptocurrency” to “my thoughts” 😂
D•M
O•n
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Tell Clifford Crawel I referred you for quickly response....
“Comments disabled” - wait for it.
Not enough. Considering his number of subscribers, (myself included... I have found many of his vids entertaining... so was shocked watching this vid) the original title he put up was simply irresponsible. Many of his subs already saw the vid as soon as it was posted under that "Avoid This" title so changing it to "My Opinion..." now does nothing to correct the effect it had on all the people who watched it under the first title. What he should do at this point is make a new Q&A video with another youtuber that is more knowledgeable about XRP (such as @Moon Lambo or @Crypto Eri). Such a video would be an awesome and humble follow up that would be welcomed by all. XRP Army included lol.
Still has 'Avoid this cryptocurrency' in the description.
This guy is a joke LOL
Why is this video still up? You're spreading completely false and inaccurate information regarding XRP and Ripple.
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So I guess the Flare network fked up. Bahaha, this guy's theory might make a great movie some day. Quite the imagination. I'm gonna go stuff more bags now.
flare will replace ethereum without the insane fees and slow transaction times
He lost a lot of money from doge coin so he puts all of his anger to xrp hahahahaha what a kid
@Steven Rathwell what exchanges can u find Flare. Also looking for angood exchange to buy XRP. I have a bunch on coinbase, wonder how long they will be banned. Thanks for any info
What do you mean it fked up?
589th like
This man does not know the first thing about cryptocurrency apparently
Apparently, he call the cryptocurrency ripple instead of XRP.
Ripple does not own XRP, they have a large amount of XRP in escrow for business that they deal with. XRP is decentralized, other business have nodes to vote on consensus, Ripple itself cannot change XRP. smh
XRP is decentralized
How is Ripple decentralized? They are quite literally a company. I'm assuming you meant to say XRP. I would disagree regardless, but just want to clarify.
The first red flag is 61% premine. The second is the fact that Ripple can implement changes without a system consensus unlike BTC/ETH. Ripple(the company) has full access to Ripple nodes, and they decide whether they want to create new ones. Lastly and arguably most importantly, Ripple Labs controls when, how, and why new coins are released to the market.
If you can't see the problem with that, then no one can help you.
Ripple’s enterprise-facing network, RippleNet, does not require XRP to function. How do we know they won't lock us out
XRP is not decentralized lmao.
"the eyes are useless when the mind is blind."
This guy doesn't know shit, he just read the headlines.
XRP is the best technology project within the crypto space, and it's the best crypto.
So many misguided assumptions here, I can’t even keep up with them. Wonder who paid him to make this video. He’s just another “influencer” who will say anything for a buck (what a sad world we now live in, as it’s just a nice word for a “huckster”). Just go back and watch all his self-promotion and it makes sense. He seems like a nice guy, but just a shell of a human.
Pretty sure he was not paid to do this, no reason to put his channel on the line when his main source of income is form TH-cam as he stated in other videos. Andrei is a great guy and new to crypto like many of us. I'm glad people with more knowledge about XRP are stepping up to answer peoples questions. To Andrei he was asked multiple times to make a video about XRP I really hope this will turn into something good maybe a interview with David Schwartz :)
Andrei in 2050 after making his 10,000th crypto video: Still not a crypto channel
@Anderi Jikh Don't inbox him ☝️
He’s the best I never listen smarter than that
Mr Troy. I Got a strong heart for Bitcoin and ethereum too. Holding some and planning to add more. very optimistic on the two!
only got 10k. Got to make more door dash runs to get to 50k trading with Mr Troy
I have £1300 I bought between 0.95 and 1.20, so I feel pretty good about it. 2-3 years from now, we should all be laughing joyously 😍
Andrei, memes will be made of this video one day. What you are clearly missing is that the x-current messaging system is ODL enabled. When banks are ready it'll be switched over to ODL using XRP. Thank you for creating awareness to your viewers. We'll take it from here
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Indeed hes giving bad info to his viewers, these sheeps will be missing out on a big opportunity since most people dont think but just copy LOL
“XRP has nothing to do with ripples amazing tech”, except XRP is Ripples currency. How can someone have so many subs without knowing anything about blockchain
Andrei, love your channel. But, respectfully, you have over a dozen misstatements of facts in your analysis.
He's so wrong about so many things I don't know where to begin.
He is doing this for clicks he did the same thing with safe Moon this cumin spreads lies and fears for personal gains that's all you need to know about him don't believe a word out of his mouth, he did not do this by mistake this was a calculated move in order to attract people to his worthless page here on TH-cam. He uses popular currencies such as xrp and safe moon in order to spread fear so he may perhaps get a like or a follower. He is a prime example of a terrible human
This my friends is the definition of not doing proper research before making a video on a topic you have zero knowledge on. Truly embarrassing.
Agree to disagree. Facts were first half (which were positive) and second half was my opinion.
If Andrei can get this wrong, just imagine the masses that don't yet truly understand xrp and it's potential. If you're holding, you are really early.
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Imagine what damage this guy is doing. All these followers and he just ill inform them, what other info has he put out there that is just lies and bullshit? Imagine taking advice... ew
We know what we hold! This guy has no clue. Time will resolve any discrepancies.
Honestly, I've been following Andrei for a while and he's helped me a lot. Majority of his insight makes sense and I truly believe he's a genuine guy. I just think he's misinformed here.
Maybe hes intentionally deceiving people
That's Scott Kilmer reference had me laughing 😅
Ahh thank god im not alone 🤣
Dude, you haven't been following the ripple lawsuit for very long to have that conclusion. Maybe watch Jeremy Hogan explain the conversations between sec and ripple? Like the motion to strike and the fair notice?
Of course he ain't doing that. He apparently does not care about doing anything sort of research before making a video.
I been watching you for a while and you doing amazing. But when it comes to xrp you’re wrong and you don’t really know enough about it!
He's not amazing, he's irritating
I agree this is very disappointing to watch
"The value is in the network not the token." That's a common misconception, according to the former U.S Comptroller of Currency, Brian Brooks.
That Blockfi affiliate link aged as well as your information about XRP.
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You didnt mention the flare network and how smart contracts are being implemented with XRP , The Ex US Treasurer States XRP is one of the only legitimate Crypto currencies
They like the banks too much....I’ll take ada any day
@@b__w_4565 them liking the banks is the whole point... the banks are never going to hold ADA and neither will Governments
Which already left the station 😉
Her name is literally on money
1.69 trillion dollar woman
Ripple never needed the funds from any sale of XRP. XRP is sold on the open market and ripple accounts for a small potion of those sales. XRP had funding prior to any token sales. The FUD is strong with this one. How much did you get paid and if you bought into it a long time ago why not sell now? 🤷♂️
Thanks for the feedback...
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*Do well to respond*
exactly
Not to mention they already raised plenty of funds from investors by selling actual shares in Ripple, you know those things called securities, unlike XRP which is a CVC as defined by the Treasury of the United States.
You’re gonna regret this video.. we expect an “I was wrong reply”
Don’t believe everything you hear!
XRP TO THE MOON!
🚀💰🚀🚀🚀💰🚀💰
unlike btc, xrp solves real world problems & will be key in the new digital financial economy
internet of value!
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I'm so glad I didn't listen to you regarding BlockFi.
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Funny how these xrp fud videos are coming out right before the SEC case is about to come to a conclusion. 🧐
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My thoughts exactly, this guys followers should run a mile from him!!!
Very interesting, i know....
My IQ dropped by 30 points by listening to this BS..
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Do your research before making outrageous false claims
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Everybody hate on XRP because you are manipulated and designed to do so.
The adults in the room win at the end of the day.
⬆️⬆️⬆️📩📩
*Andrei* - "Today I am going to tell you my understanding of XRP and Ripple"
*Me* - "Ight Imma head out."
Thanks for the feedback...
*+1°6°6°9°2°3°5°9°8°1°3°*
W°H°A°T°S°A°P°P°°°M°E✅✅ 💯
*Do well to respond*
🤣🤣🤣🤣🤣
SEC hates XRP? Speak no more, i'm buying.
Ya lol I thought Elon would be all over it since he had his share of run-ins with the SEC
You and everyone else. This is why it’s going down. Too overcrowded. 🐑🐑🐑🐑
Smart man 💎🚀
SEC hates a lot of projects but what are you gonna do? Drag Satoshi into court?
😁🥳👌
Overall, this video was ok. However, you seem to make the same factually wrong arguments against XRP that so many others make. Yes, Ripple own a lot of XRP, but that doesn’t make the XRP ledger centralised. Ripple owns/controls a vast *minority* of the validators and thus cannot control the XRP ledger. Anyone can and does publish a UNL. Also, I think this video would’ve been much better if you explained how Ripple actually uses XRP in its software that it sells to financial institutions - it uses it as on-demand liquidity for cross-border payments which helps free up the trillions of dollars stuck in nostro/vostro accounts that banks must have with other banks in order to move money around the world.
Wish people would do a little research before hand.
Facts
Andrei is actually very uneducated on this topic. Not just defending an investment here, this is literal fake news with no sources.
Awesome analysis thanks buddy! Don't forget to trade with professional like @philipfx01 telegram. Thank me later! He drops 96% accurate signal free!
Ripple manages 16% of XRP nodes/validators yet people still call it centralised...
You should do an updated XRP video Andrei - thanks!
*Andrei always be like:*
"STILL not a crypto channel."
*Andrei's next video:*
A new crypto video
Don't out me like that! haha
That’s the problem. I’ll buy back when all these channels stop talking about crypto. That’s when the price hits rock bottom
Next video: crypto gem with 1000x gainzzz
Cryptocurrency is finance related so it don't matter.
If he officially becomes a crypto channel, then Bitboy can no longer say he’s the largest crypto channel in all the intraweb at the beginning of EVERY video. Do it Andrei!! Be the king of crypto, a person with less ego & more card tricks! 😁
It’s great to see the YT community call out BS when they see it. There will be a lot of XRP apology videos in the near future. Andrei, you can’t do a couple hours research and then think you know it all
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Bitboy is up to two so far?
This is just one, god knows how many people have lost money because they were misinformed by this shitty channel
Like Bitboy hahaha
This video won't exist and Andrei will deny it ever did.
Andrei PLEASE setup a Q & A with David Schwartz (CTO of Ripple) he is a super chill guy. Thanks
Thanks for the feedback...
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W°H°A°T°S°A°P°P°°°M°E✅✅ 💯
*Do well to respond*
Also love how Bitcoin is labeled not a security. When its only purpose is to store value in hopes to raise capital. Which is exactly what a security is. Also Ethereum is labeled a currency when it's not even the currency on its own block chain... Ether is 🤷♂️
XRP is the future, been holding and adding to my portfolio since 2019.
Of all cryptocurrency XRP and ADA are my top two.
Future for the banks not us that want decentralization.
you obviously didn't watch to the end of the video
This video was very factually misleading. If you understand xrp on a deep level you know. If not, you’ll call me a hater. But look up moon malmbos responce to this video, he goes deep and responds to all the misunderstood statements made in this video.
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Andrei waxes lyrical at the start of this video about the “impressive specs” of Ripple’s technology, such as the fast transaction times, super low cost, and low energy use. But then ends the video by saying that the real value is not in XRP the token, but in Ripple's technology and network. Lol. What? It is precisely XRP the token that provides the speed, cost, and energy use advantages mentioned above and which is used in Ripple's network to allow for instant settlement of cross-border payments, which is the whole point of Ripple’s network. I'm sorry to say, but this is not one of Andrei's better videos. It is poorly researched.
Incorrect, they can use their technology without the use of XRP. That's my main critique
Hope that makes sense! Thanks for reading
Are you attempting to critisize ripple if they don't use xrp for some of their products? Why does that mean no one should buy xrp?? the xrpl and the xrp token are not controlled by ripple and are currently in use by many other projects not related to ripple.
@@TA-mo4tl I’m certainly not criticising Ripple
This guy just proclaimed that he is better than the "EX US TREASURER" which she said that XRP is one of the decent cryptocurrency out there that's why she joined XRP
He explained the diff between the token xrp and ripple. wat part u dont understand? ripple technology has nothing to do with the token XD
*joined Ripple
This video is a stunning example, of how a seemingly knowledgable TH-camr, with a sizeable audience, can totally balls up a subject, making me wonder how much nonsense he's spouted on his other videos, on subjects that I'm less familiar with.
Agree to disagree
8:50 "...just because I have a lot of subscribers does not make me smart..." You never said a truer word, chum.
Thanks for watching
To assist you
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You also described Ethereum when you were going through your "howie" test
You should do your research before you spread disinformation to your 1.5 mil subscribers. XRP is considerably more decentralized than Bitcoin, if you had done your research you would know that,. also XRPs main use case is being used as a currency but it can be used for many other things.
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This guy needs to get his facts right...misleading info. Unsubscribed.
I would say something like "Well this won't age well" But even a couple of hours after publishing, it's already getting demolished.. Did he get his facts from BTC maxis on twitter? I mean one simple infographic from @Stedas on twitter debunks half of the stuff he says. Dear Andrei, just because you have 1.5m Subs doesn't give you a free pass to spew out nonsense mate. With that many people following you, you should have a moral responsibility and professional integrity to do your own proper research prior to recording anything...
Demolished by who? No one has presented logical counter arguments. He is correct. Cope harder.
Changing the video title doesn't change it from the notifications title. "Ripple and XRP - The FUTURE of Crypto". Just an FYI if you didn't know this :)
Thanks for the review +1
Hit me up privately for further assistance on earning
That such a big head can be so empty of knowledge is incredible.
Thanks for your feedback....for more information
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W•H•A•T•S•A•P•P••••ME 🚀..........
DO NOT LISTEN TO this guy since he has PROVEN HE HAS NO CLUE whatsoever about cryptocurrencies and has done no real research as many of us have FOR YEARS!
Do you research on xrp bud. Please make a revised xrp video based on what you learned from Moon Lambo.
Thanks for the comments!. Don't forget to hit the subscribe button ✔️
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Wow! Totally lost any sympathy towards your knowledge 🤦♀️
What knowledge. This guy wants views. Last time I watched his channel he was a stock guy. Guess he saw the money and jumped to Cryptos.
Bring on the FUD on XRP! I could use another fat discount!
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He won't really influence the market. But is only spreading misinformation and people barely do their own research.
Exactly!
Mass report for misleading people
You actually have no clue what you’re talking about do your research before posting FUD
Thanks for the feedback...
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W°H°A°T°S°A°P°P°°°M°E✅✅ 💯
*Do well to respond*
Mental speculation will not bring you profits in crypto market. You need a sharp update on the Cryptocurrency Market. Interested Dm (MaeurKel) on any social media
Thanks for the recommendation
All i care abt then was just to make good returns and when I met Kelvin the return was huge and in addition I learn how to trade
Thanks for sharing buddy
When you are so lost in the TH-cam world and getting views that you forget that you can get sued for defamation.
I agree with a lot of this but you can stated things as "your opinion" in a factual manner and influence 1.5 million people.
Good Luck.
Your ignorance is going to make me a very rich man and I thank you! Keep up the good work of FUD
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Ripple is a small project? Most of the words largest banks are partners but ok...
Sorry but, you forgot to mention this is sponsored by BTCmaxis, you welcome 👍🏻
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Tell Clifford Crawel I referred you for quickly response...
I've been watching you for a while Andrei and I really enjoy your videos. I don't feel that you did the proper due diligence on XRP. I would definitely like to see you do more videos on the token but I think that your understanding of the token is only partially correct. I'm not an XRP fan boy and it's not the only crypto I own. But I think the token has much more utility than you made it seem in this video.
Excellent point
Seems you forgot to mention Ripple's On-Demand Liquidity which allows the use of XRP to bridge two currencies in as little as three seconds, ensuring payments are quickly sent and received in local currency on either side of a transaction. Which in turn means banks don't have to own any XRP and be susceptible to the price volatility. This technology is far superior to that of SWIFT and will one day be the global standard IMO. HODL XRP!
This people will never acknowledge that Xrp is one of the few cryptos with many use cases. They make videos with little research always bias as they have heavily invested in btc and other POW non efficient coins
This video makes a solid argument by omitting the key facts listed above 😂🙌☝️🚀 also holding XRP. NOT financial advice 👍
Bridging cbdc’s around the world the future of money!
Sell all of it ASAP before you get burnt.
📌📌📌📌
SUCCESSFUL PEOPLE DON'T BECOME THAT WAY OVERNIGHT. WHAT MOST. PEOPLE SEE AT A GLANCE_ WEALTH A GREAT CAREER, PURPOSE IS THE RESULTS OF HARD WORK AND HUSTLE OVER TIME. I PRAY THAT ANYONE WHO READS THIS Will BE SUCCESSFUL IN LIFE..
Yeah! I agree with you
If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.
That's very correct !! And that is why most of them end up losing they m o n e y to s c a m m e r s.
Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing.
Learn and get the knowledge first before investing..
You’re saying that XRP is a security along with many of the newer cryptos but, then you ended the video by saying you’ll be buying the dip! How could you when it’s illegal to? If it were illegal it will spiral to zero!
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I am confused. He said he would buy the dip but then said he only bought because he was ignorant. Hmmm
A millionaire financially and in youtube in terms of subscriptions. This shows you, millions does not say how rich your brain is. tsk tsk tsk. Moon Lambo please clean this mess please... :)
His positive videos are actually negative. Just saying newb
The volatility don’t matters, the settlement is so fast. It’s a bridge currency.
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Price volatility is irrelevant when the transactions complete in seconds. This is better than the current system where funds are exposed to FX volatility for days, sometimes even weeks.
This is a very clever attempt at Creating FUD... Unfortunately your making the classic mistake of underestimating the knowledge of some of your viewers... Personally I think this video was funded by a group or an organization who DONT want people to own XRP.... I will say though good job, definitely one of the best fud videos I've seen. 👏..... And BTW I like my own comments 😉
I like your comments too
My favorite coin, I add more whenever I can, i am doubled already🙈🙈🙈✊🏿🙌🏿
Thanks for the feedback...
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W°H°A°T°S°A°P°P°°°M°E✅🔆🔆🔆
*Do well to respond*
Just finished law school in 2020, and you hardcore triggered me with that _Howey_ test reference.
haha have you ever used it in your profession?
Awesome overview thanks buddy! Don't forget to trade with professional like @philipfx01 telegram. Thank me later! He drops 96% accurate signal free!
I think this is the first time Andrei got caught out by aassive amount of informed people who actually know their shit, this is not going to run with us man. I hope you learn the lesson.
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Tell me you dont understand XRP without saying you dont understand XRP. Delete this video.