Read on Twitter
1/10 Is this the end of XRP? Will XRP go to zero? No. here's why. A thread. 
2/10 Markets are only efficient long-term. Short-term markets reflect their human participants: emotional and irrational. That's what we're seeing now from panic sellers.
3/10 This same event happened in March with the stock market. People panicked and sold sold sold. But what happens when you run out of sellers? That's right, a rally. Full video @
4/10 In the case of a genuine bubble for a worthless asset, it's possible the asset truly "goes to zero". XRP is not a worthless asset. Besides, the panic selling isn't being driven by people's view of XRP the cryptocurrency, but people's view of Ripple the company.
5/10 Panic selling based on Ripple is also irrational, since it is a $10+ billion company with hundreds of large, global financial institutions as partners, some of which have already come out clearly stating support for Ripple. https://www.securities.io/ripple-attains-10-billion-valuation-after-200-million-series-c/#:~:text=Ripple%20Attains%20%2410%20Billion%20Valuation%20after%20%24200%20Million%20Series%20C,-News
6/10 It's also irrational because the SEC is not unbeatable (they've lost many times), and settles most of the cases they bring to court.
7/10 Once the panic selling is over, the pressure flips from selling to buying pressure because there's nobody left to sell. Here's that clip again. Full video @
8/10 Once the rally begins and the price begins to rise, panic selling turns to panic buying as the irrational sellers realize they were wrong and start jumping back into the market.
9/10 Price climbs and those who maintained a level-head throughout profit because they bought the lows and can now sell the highs.
10/10 To avoid all of this emotional, irrational nonsense, I suggest you read this thread: https://twitter.com/xrpartisan/status/1343387982980673536
