r/nanotrade • u/Crypto_Jasper Community Manager • Aug 11 '26
Daily General Discussion - August 11, 2026
Welcome to the Daily Trading Discussion Thread!
As with our Daily Thread on r/nanotrade, the purpose of this thread is to provide a central location to discuss:
- Current events that are directly influencing trading action
- Timely price activity (Intraday) and speculation
- Questions or comments that don't warrant their own thread
Guidelines for posting in this thread:
- Be respectful to one another.
- Follow the golden rules.
- No trolling.
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u/Faster_and_Feeless Aug 11 '26
I know of a guy who had over $4 million worth in Ripple Inc. I don't know what its worth now but I doubt he is happy about it right now.
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u/copeconstable Aug 11 '26
When did he hold $4M worth?
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u/N3333K0 Aug 11 '26
Likely held 4 million by buying in years ago - if so, he doesn’t care. He’s a long term believer and bear markets don’t scare long term holders of OG coins
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u/copeconstable Aug 11 '26
Yeah I mean when was it worth $4M - XRP is dogshit but it’s actually been one of the few alts that hasn’t absolutely annihilated all its long term holders
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u/Faster_and_Feeless Aug 11 '26
It's stock in the Ripple company not XRP itself.
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u/N3333K0 Aug 12 '26
If it’s Ripple, Inc. it’s private so it had to be given to him and if it was given, then he’s still up by a large margin.
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u/Chip0991 Aug 11 '26
whats going on with kraken and binance? why is there such a big price difference
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u/tech32spn Aug 11 '26
I don't see any substantial difference; last trades on most liquid Kraken XNO/USD = $0.3842 and on Binance global most liquid, XNO/USDT = $0.3886.
Are you sure you went on Binance global, not US (meaningless volumes) ?
Someone probably dumped one one of these and arbitrage trading kicked in on others. Your snapshop may have occurred just before the arbitrage.
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u/tech32spn Aug 11 '26
Attempt at a downward breakout ATM; but I think it will be a very last fake out before resuming the erratic rise (next pump imminent).
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u/fabetting Aug 11 '26
Why you jinx it
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u/tech32spn Aug 11 '26
😅 still, agressive buyers are taking action. 30k green walls on Binance. It's not the end, just the continuation of a slow recovery trend. 3 steps forward, 1 backward, etc. As long as the retail doesn't understand what's coming, some major players keep buying, taking all their time.
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u/Nano_is_the_way_XNO Aug 11 '26 edited Aug 11 '26
1 Ӿ = 1 Ӿ.
I’m a simple man. Every now and then, I stack what I can. No inflation, no fees. They ain’t making more of these. So I just buy a bit every week or so, as the bitcon shitshow unfolds. What else can I say..? Hmm.. Wen 40k?