Why Institutions won't buy XRP & Why you dont want them to

Institutions won't buy XRP because it's a massive risk to their balance sheet. They might have ownership of some XRP holding vehicle like a crypto ETF as part of a wider portfolio, but Instos who actually need / use XRP are not going to purchase it.

Why?

Because ODL exists. You convert to XRP then convert to some other currency. That takes seconds. Why would Instos need to buy billions of dollars worth of XRP when Ripple has already made a service that lets you skip that?

XRP price is extremely volatile, no company is going to buy & hold it. No, they dont care about staking.

XRPL activity does not equate to Instos purchasing XRP. Instos can invest 3 digit dollars to get way more than enough XRP to fund a lifetime supply of activity.

Why you dont want Instos to buy XRP

Where do you guys think Instos would purchase XRP? It's almost like there's a business whose main job it is to SELL XRP. Geez, I wonder who that is. Could it be the company with billions of XRP? What if it's Ripple? Wow.

By buying Ripple's XRP, Instos are actually creating more supply - that would have been locked up - instead of creating demand. Hi. I'm Institution A, I just bought $1b (lol) worth of XRP from Ripple. Guess what happened to the market price! Nothing!
Guess what happens when the Insto wants to sell! Oops, supply just massively increased on the market because that's the only place people will purchase it!

Conclusion

In other words, you both shouldnt expect Institutions to buy XRP and you dont want them to. They are not going to risk billions on a shitcoin, and if they did, it wouldnt push price up but instead push price DOWN sometime further in the future.

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u/DarkDankDents — 1 day ago

How do you bring yourself to date?

With severe childhood emotional neglect, I can't help but always feel inadequate. By most metrics, this is probably not true -- I'm fit, decent financials, smart, healthy -- but I constantly feel like I'm not good enough and that no girl will love me for who I am, but what I have. I always need to get better at some aspect before I'm ready, whether that be more money, better clothes, slimmer waist.

How do you guys put yourself out there? Especially for the guys who have to go on apps and get virtually no likes except for bots.

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u/DarkDankDents — 2 months ago

How do you find the Capsule Artist for cozy games like Golembert?

I'm working on my own cozy-game journey and hit the part where I'm searching for capsule artists to create my capsule. I love the capsule for Golembert. It's stands out as a beautiful, cozy capsule for a gorgeous game.

I wish I knew who their capsule artist was and if it's someone who takes commissions. I really want to hire artists who are able to do that style and quality of work with no AI. I've been looking through portfolios and it's challenging to find artists who understand the cozy genre and have work showing it.

That Ghibli-esque look that Golembert works so well with the cozy-genre and really helped me figure out my own goals. If anyone knows the devs please let them know I think they did a wonderful job!

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u/DarkDankDents — 3 months ago

Hello, I'm looking for a professional graphic designer / capsule artist to create the capsule art for my 3D cozy, crystal shop simulator. The ideal artstyle is bright and colorful and matches the genre of shop games while standing out in the steam search results.

The budget is $500.

Please link artstation portfolios and past experiences designing capsule arts or relevant work like cover art. Bonus points for work in the cozy genre. Thank you!

EDIT: Have received an overwhelming number of messages! Going to look through all the portfolios today! Will update if the position is closed.

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u/DarkDankDents — 3 months ago

Currently, Ripple and its founders are heavily incentivized to increase the value of XRP. With the incredibly ignorant fud by Ripple's FORMER CTO's (wonder why he quit) FUD saying that Ripple doesn't have the magic switch (they do) to make XRP explode. Ripple insiders have been accumulating XRP for years, and we're just moments away from XRP doing a 10,000x to $10,000.

Chris Larsen has 2,800,000,000 XRP. That's 2.8 billion. When XRP hits $10,000 per coin, that XRP will be worth 28 TRILLION dollars. He'll be the richest person on the planet. That's more money than the entire country has. Much higher than USA's GDP. All that money just from XRP's MASSIVE, unmatched utility of being able to settle transactions within seconds. The banks are on the sideline just waiting to deploy, but the Clarity Act keeps it at bay. They're trigger happy waiting to unload all that money into XRP to drop care packages to all the LOYAL XRP holders. $30 Trillion for Chris. Way, way more for XRP holders.

Imagine how much money you would have when XRP hits $10,000. 1,000 XRP gives you $1 million dollars. After Chris gets more money than the entire country's GDP, there'll be plenty left for everyone else, but only if you're a Loyal XRP holder. That's not even mentioning how much money Brad Garlinghouse will have.

Those Nostro, Vostro accounts are costing so much money with idle cash. Those bank wire fees are high while the transaction slow. With XRP's MASSIVE utility, we're going to revolutionize the entire industry. XRP will give birth to the world's first multi-Trillionaires. Brad and Chris are leading the way to genuine wealth. We've turned a billion dollar problem into trillions.

So dont listen to some retired ex-CTO (quit for a reason) who doesn't know ANYTHING about his own company or XRP. We are the believers. We are the hodlers. XRP ARMY Strong together. Stay lit fam.

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u/DarkDankDents — 4 months ago