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BSV and XRP Supporter Argue Over Altcoins’ Superiority

BSV and XRP Supporter Argue Over Altcoins’ Superiority

CoineditionCoinedition2024/05/09 14:04
By:Ikemefula Aruogu
  • An XRP supporter, Mr. Huber has engaged a critic of the altcoin in a debate.
  • Mr. Huber attempted to debunk critical points raised by Tony, an acclaimed crypto enthusiast.
  • Tony thinks BSV is better than XRP by every metric.

A prominent crypto user identified as Mr. Huber on X has engaged an XRP critic in a debate. Point by point, Mr. Huber attempted to debunk the points raised by Tony, an acclaimed crypto enthusiast, showing how his preferred cryptocurrency, BSV isn’t a better option than XRP.

Every metric? My shitcoin is up 1000% against BSV. And its xrp – so it's crazy if you really think about it. 90% down against xrp. Damn! https://t.co/rjx8oKmNsP pic.twitter.com/gX7PM3lAoc

— Dr. Huber🔥🦅🔥 (@Leerzeit) May 9, 2024

In one of his posts, Tony implied that BSV is better than XRP by every metric, claiming that “fraudulent Tether money” sustains the altcoin. The BSV supporter stated that XRP can only do 200 transactions per second (TPS) unsustainably. Furthermore, he claimed that Teranode has been running BSV at millions of TPS for six months without interruption.

In his response, Mr. Huber replied that BSV is not better than XRP by “every metric.” He shared that a coin in his portfolio has performed 1,000 times better than BSV in price. He further highlighted that BSV is down 90% against XRP.

In further debate, Tony insisted that XRP maxis have no place to comment on price action. According to him, Ripple holds half of XRP’s supply and dumps it on users monthly. In comparison, he claimed that BSV is scarce, with a recognizable use case.

To this argument, Mr. Huber replied with a similar point to the previous post. This time, he asked Tony to explain why BSV is down by over 90% against XRP, citing the XRP critic’s claim that the altcoin has no use.

BSV and XRP have experienced bearish pressure recently, with BSV’s bear trend showing more severity. The Bitcoin fork traded for $62.49 at the time of writing, reflecting a 51% drop in the past month, according to data from TradingView . Meanwhile, XRP has lost 30.64% during the same period to trade for $0.5191, per TradingView .

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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