Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Ethereum Price to Hit $6K This Year? Analysts Make Bold Call

July 6, 2025

Wall Street Has Claimed Bitcoin—Now What?

July 6, 2025

TON Surges on UAE Golden Visa News; Crypto Community Reacts With Excitement and Doubt

July 6, 2025

Ethereum Ready For Explosive Breakout, Analyst Says $5,791 Is The Minimum Target

July 6, 2025

Pepe Coin plunged 40%, but the frog coin may leap higher

July 6, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Ethereum Price to Hit $6K This Year? Analysts Make Bold Call

    July 6, 2025

    Ethereum Ready For Explosive Breakout, Analyst Says $5,791 Is The Minimum Target

    July 6, 2025

    Bitcoin Exchange Outflows Continue To Rise: Investor Confidence At An All-Time High?

    July 6, 2025

    Bitcoin Meets Heartbreak In Drake’s Latest Track—Details

    July 6, 2025

    Are Bitcoin Retail Traders Back In The Market? On-Chain Data Suggests So

    July 6, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » XRP » Ripple CTO Triggers Unorthodox Bitcoin (BTC) Opinion Poll
XRP

Ripple CTO Triggers Unorthodox Bitcoin (BTC) Opinion Poll

Crypto Observer StaffBy Crypto Observer StaffDecember 11, 2023No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

© Reuters. Ripple CTO Triggers Unorthodox Bitcoin (BTC) Opinion Poll

U.Today – CTO David Schwartz has a rather unorthodox opinion poll regarding (BTC). This poll comes at a strategic time when the price of the cryptocurrency is down by 4.23% over the past 24 hours to $42,097.96. With this price slump, it is easy to gather diverse opinions on whether to “HODL or smash” Bitcoin.

Unsurprisingly, the comments that trailed the post show people are not as optimistic about Bitcoin as they are about XRP, the digital currency associated with Ripple Labs — where David Schwartz is a prominent member. While some of Schwartz’s followers resounded that they would smash Bitcoin, a good number said they would convert to XRP and HODL.

Notably, social media is not a good indication of true investor behavior as many people’s comments are tailored to drive engagement where possible. The Bitcoin (BTC) opinion post came after a weekend of debate, in which the Ripple CTO defended Bitcoin’s honor against claims from comedian Owen Benjamin, who posited that the coin is a decentralized Ponzi scheme.

Bitcoin remains the most established digital currency, and current indications point to the fact that more people are product to go all out on the asset.

Ripple CTO’s take on Bitcoin HODL

In the argument posed by the Ripple CTO, selling Bitcoin is not in the best interest of the seller, considering that the dollar that would pay for it typically gets devalued over time.

This thesis confirms Schwartz’s position and generally underscores the resolve of some of the biggest HODLers of the digital currency — especially MicroStrategy. The business intelligence and software firm has been buying Bitcoin since August 2020 and has stayed resolute against selling its stash, which has now .

Like Ripple CTO Michael Saylor, the chairman of MicroStrategy is convinced that HODLing Bitcoin is the best bet for the long term.

This article was originally published on U.Today

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SHIB’s Goal to ‘Finish Everything’ by End of 2024, Binance Freezes Stolen XRP Tokens, Anon Whale Moves $318 Million in Bitcoin to PayPal: Crypto News Digest by U.Today

February 2, 2024

Bitcoin Whales Boost Holdings by $3 Billion, Pro-XRP Lawyer Highlights Key Factor in Ripple’s Win, SHIB Price History Hints at Double-Digit Gains Next Month: Crypto News Digest by U.Today

January 30, 2024

XRP Starts Moving Earlier, Solana (SOL) Already Stronger Than Everyone Else; Does Ethereum (ETH) Need More Fuel?

January 27, 2024

‘Ripple Is Wrong’ Claims SEC In New Filing, Shibarium Announces New Era in SHIB Burns, Arthur Hayes Predicts Crucial BTC Bottom to Watch: Crypto News Digest by U.Today

January 25, 2024
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Ethereum Price to Hit $6K This Year? Analysts Make Bold Call

July 6, 2025

Wall Street Has Claimed Bitcoin—Now What?

July 6, 2025

TON Surges on UAE Golden Visa News; Crypto Community Reacts With Excitement and Doubt

July 6, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Ethereum Ready For Explosive Breakout, Analyst Says $5,791 Is The Minimum Target

July 6, 2025

Bitcoin Exchange Outflows Continue To Rise: Investor Confidence At An All-Time High?

July 6, 2025

Bitcoin Meets Heartbreak In Drake’s Latest Track—Details

July 6, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.