TimesTabloid
2026-01-31 17:48:37

Crypto Bitlord: This Crackpot Dev Was Dumping XRP On Us At $0.10

A recent exchange on X involving David Schwartz, the former CTO of Ripple and crypto enthusiast Crypto Bitlord, has reignited sharp debate around XRP price expectations and the responsibilities of industry leaders when discussing speculative assets. The interaction began with a direct appeal from an XRP holder urging Schwartz to publicly dismiss the possibility of XRP reaching $50 and $100, arguing that unrealistic expectations were contributing to financial harm among retail investors. The request framed the issue as one of moral responsibility, asking Schwartz to speak plainly to supporters about what the commenter viewed as unattainable price levels. The appeal suggested that continued belief in such valuations had led many investors to suffer losses, and that clarity from a senior figure associated with Ripple could help prevent further damage. It’s insane to hear this crackpot dev was dumping $XRP on us at $0.10c when we believed it would go to $100 Now he’s saying it’s unlikely it will go to $50- $100 What the fuck are we still holding for!? -These guys don’t even believe it anymore. Let’s be honest, Its failed https://t.co/oVJlPIGJCR — Crypto Bitlord (@crypto_bitlord7) January 30, 2026 David Schwartz Explains His Reluctance In response, Schwartz declined to make a definitive statement ruling out high price targets. He said he did not feel comfortable making such a claim, even though he personally considered those levels unlikely. Schwartz explained that his own experience in the digital asset market had made him cautious about declaring price outcomes impossible. He noted that there were several moments in crypto history when widely held assumptions proved wrong. As an example, Schwartz recalled a time when he believed it was unlikely XRP would ever trade at $0.25. He also shared that he began selling XRP at around $0.10 because the prices appeared unreasonable to him at the time. Drawing a parallel, he added that Bitcoin reaching $100 once seemed unrealistic to many observers, yet it ultimately surpassed that level. Schwartz’s comments were framed as a reflection on uncertainty rather than an endorsement of extreme price targets, emphasizing how difficult it can be to predict long-term market outcomes. Crypto Bitlord’s Strong Rebuttal Crypto Bitlord responded forcefully to Schwartz’s remarks, expressing frustration and disbelief at the CTO’s past actions and current stance. In his reply, Crypto Bitlord criticized Schwartz for selling XRP at $0.10 when many holders were waiting for $100. He described it as troubling to hear that a core developer associated with the ecosystem had reduced exposure at such early price levels. Crypto Bitlord questioned the rationale for continuing to hold XRP under these circumstances, suggesting that leadership no longer believed in the same upside that many supporters once anticipated. He concluded his response by declaring that, in his assessment, the project had failed. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Implications for Investor Sentiment The exchange highlights a persistent tension within the XRP community between realistic market assessments and long-held expectations of transformative price appreciation. While Schwartz’s comments focused on uncertainty and historical misjudgments, Crypto Bitlord’s reaction underscored how statements from influential figures can significantly affect investor confidence. The interaction serves as a reminder of how sensitive sentiment remains, particularly when past decisions and prospects are discussed publicly. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Crypto Bitlord: This Crackpot Dev Was Dumping XRP On Us At $0.10 appeared first on Times Tabloid .

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