XRP Prices Reflect Market Beliefs, Not Hype: Schwartz
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- David Schwartz questioned bold XRP price targets, saying markets reflect real belief, not hype.
- He revealed selling all his ETH at $1.05 and most of his Bitcoin far too early.
- Schwartz said XRP trading below $10 shows limited belief in extreme price scenarios.
David Schwartz, Chief Technology Officer at Ripple, recently sparked discussion by sharing his honest thoughts on crypto price predictions, especially regarding XRP.
Schwartz said he does not feel comfortable making bold price claims. While he does not think extreme price targets are likely, he reminded followers that markets have surprised people before. He pointed out that he once believed it was unlikely XRP would ever trade at $0.25, yet it did.
Why Big Price Targets Don’t Match Reality
Schwartz explained his reasoning in simple terms. If many rational investors truly believed there was even a 10%…
Read The Full Article XRP Prices Reflect Market Beliefs, Not Hype: Schwartz On Coin Edition.
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XRP Prices Reflect Market Beliefs, Not Hype: Schwartz
Share:
- David Schwartz questioned bold XRP price targets, saying markets reflect real belief, not hype.
- He revealed selling all his ETH at $1.05 and most of his Bitcoin far too early.
- Schwartz said XRP trading below $10 shows limited belief in extreme price scenarios.
David Schwartz, Chief Technology Officer at Ripple, recently sparked discussion by sharing his honest thoughts on crypto price predictions, especially regarding XRP.
Schwartz said he does not feel comfortable making bold price claims. While he does not think extreme price targets are likely, he reminded followers that markets have surprised people before. He pointed out that he once believed it was unlikely XRP would ever trade at $0.25, yet it did.
Why Big Price Targets Don’t Match Reality
Schwartz explained his reasoning in simple terms. If many rational investors truly believed there was even a 10%…
Read The Full Article XRP Prices Reflect Market Beliefs, Not Hype: Schwartz On Coin Edition.
In This News
Coins
Share:
In This News
Coins
Share:
Read More
Ripple Secures Full EU Payments License in Luxembourg and Expands Regulated Crypto Services Across Europe