Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

Popular XRP Investor Says He May Ditch Crypto Community Due to Crazy Conspiracy Theories

by Daily Hodl Staff
September 10, 2020
in Ripple and XRP
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

A popular crypto investor says he’s considering ditching the XRP community due to the proliferation of “crazy conspiracy theories.”

The anonymous XRP analyst known as King Solomon says on Twitter that his research may be better off elsewhere.

“I might have to leave this community on the basis of content provision reality. Research may be better suited elsewhere. So much conspiracy in this community. I’m getting frustrated… this is about the mindset in general.”

King Solomon’s tweet received hundreds of responses, with many agreeing with his sentiment. Others, however, say some degree of conspiracy is to be expected when it comes to financial technology. Says a Twitter user,

“I appreciate the sentiment of what you are saying. However, I would argue the inescapable truth is that when we discuss a global financial reset, or an upgrade in financial systems, we will forever be correlating the financial elite’s goals, alongside the technology itself.”

The XRP community has circulated numerous theories about the asset and Ripple for years. One popular theory is that XRP is destined to skyrocket to $589, compared to its current value of about $0.25 at time of writing.

Such an appreciation would balloon the market cap of XRP to $58.9 trillion, while the size of the entire world’s economy was $133 trillion in 2019, according to the World Bank.

Despite his dissatisfaction with certain elements of the community, King Solomon appears to still believe in XRP’s value.

“I know where this space ends up. I know what digital assets represent. I know Ripple’s tie ins to the system are real. I know XRP [has] utility. I know what Internet of Value represents. I’ve seen the scramble of Gov’s/FI’s to remain relevant/I know they can’t do it alone.

When Not If.”



Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Fred Mantel

Submit a Press Release

Crypto Livewire – Press Releases

  • Meet Beste Bank – Your New Reliable Crypto Knowledge Base
    January 27, 2021
  • Cryptocurrency to Fight Cancer: From Bitcoin to Altcoins
    January 26, 2021
  • How Traders Are Gaining by Holding Crypto: Staking Tron (TRX) and Cardano (ADA)
    January 21, 2021
  • QuiverX to Integrate Chainlink Proof of Reserve To Power Transparent, Decentralized Crowdfunding
    January 15, 2021
  • The Online Family Office and High Net Worth Blockchain Conference
    December 22, 2020
Submit a Guest Post
Bitcoin
$31,706.00
$31,706.00
5.07%
Ethereum
$1,335.10
$1,335.10
7.33%
Polkadot
$17.18
$17.18
10.58%
XRP
$0.261959
$0.261959
4.75%

Spotlight

  • Top Crypto Lawyers Predict Outcome of SEC’s Case Against Ripple and XRP
    January 21, 2021
  • Coinbase Says Institutions Beginning To Pour Money Into Ethereum in Addition to Bitcoin
    January 25, 2021
  • Former Ripple Advisor Tapped To Become Top US Banking Regulator: Report
    January 22, 2021
  • Publicly-Traded Firm Buys $150,000,000 in Bitcoin, Says Holding BTC Superior to Holding US Dollar
    January 26, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.