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Hello this is Matt on the moon Lambo Channel isn't it funny that a dude on The internet named Moon Lambo is the one Who is fighting against nonsense xrp Price hype isn't that hilarious I mean Given my name wouldn't you expect me to Be the one claiming xrp will be worth You know $352 or you know $10,000 why the hell Not or $100,000 shouldn't that be the Guy that has the stupid name Moon Lambo Well apparently not cuz I've been Fighting back against this nonsense the Whole time I've been in the xrp Community over 6 years I've not been Running this YouTube channel over 5 Years and pushing back against all this Stupid nonsense But there's there's something in Particular and I look I don't know why This is making the rounds again it's all Over social media again it's all over uh You know it's all over YouTube It's All Over uh crypto media it's the xrp price Calculator you guys familiar with this Thing because it's a heaping pile of Garbage but but it's it's the reason That we're seeing the headline on your Screen here from newsbtc crypto analyst Predicts xrp price will explode 58,000 Per to $352 now to be clear in case you're new To the channel I'm not saying it's Impossible for xrp to be worth three
Digits at some unknown point in the Future if it's wildly successful wildly Adopted there's way more than enough Money on the planet to make such a Figure possible but we're talking about Insurance order like next year or two or Three or whatever whether you're talking 352 bucks or12 Billion which you know I mean if you're Making that so I I if you get to make up Nonsense predictions like that I get to Have made up numbers like 112 billion if You're saying stuff like that you're off The damn rocker Son then there's also this headline from Crypto alert got a warning about this One xrp is set to handle transaction Surpassing 1. two quadrillion dollar Making a price of $10,000 necessary but Before going further I do want to be Clear I do not have a financial Background of any kind I am not offering Financial advice and you definitely Should not buy or sell anything because Of anything I say or right I'm just an Enthusiast who enjoys making YouTube Videos about crypto related topics but Just as a hobby and just for fun now to Be clear I do firmly believe that xrp is Going to be worth a fortune compared to Where it is right now I don't make price Predictions and I admit I could be wrong I'm just a dude there's nothing special About me but I believe what I believe I
Have strong conviction I've I've been Seeing this scene through for over 6 Years I firmly believe this is is right I believe we got a raw deal with the SEC Nonsense and I think this already would Have happened for us we already would Have seen that live changing wealth last Market cycle but not for that but I Still believe we're going to get ours That's that's what I firmly believe so Don't think for a moment I'm not Mr Bull Xrp like I am I'm just not a raving Lunatic despite the name Mo that And so the crypto basic covered this too Um here's a headline uh because again It's it's all about the xrp price Calculator uh here's the headline from The Crypt basic and at least the dollar Figure is reasonable on this one xrp ay And mitchnick calculator puts xrp at $15 On $40 billion volume piece reads as Follows the xrp calculator based on the AE and mitnik xrp valuation model puts Xrp value at $15 in the next two years Based on certain criteria such as a $40 Billion Volume um xrp currently trades for 62 Cents as of press time despite its Potential to revolutionize the global Payment sector as a result of its Underperformance several industry Commentators have argued that the token Is largely Undervalued in 2018 Susan ay a Stanford
Professor at the time and Robert mitnik A Stanford MBA candidate at the time Introduced a research paper that sought To evaluate the fair market value of xrp As opposed to its actual market value And when they say market value I think That they're really more so referencing Price as opposed to um you know fair Market value which I see people Calculated all sorts of different ways But it's just this idea that's try They're trying to express of hey here's What the market price is so we think That the market isn't sufficient Sufficiently appreciating the true value Of this thing it's actually it actually Should be worth Fair more and when you Say should be worth Fair more it's the Same as fair market value is should be Worth more in price is the same as fair Market value is and it's based on um a Particular there can be well there can Be different models to put that type of Thing together and that is subjective But that's the statement that would be Made along those lines that's the idea That I'm TR share okay anyway peace Continues the paper considered several Market conditions such as supply and Demand and the technology behind the Asset it estimated xrp's fair market Value to range from a low of $637 to a high of $32.9 the paper also estimated that
Bitcoin's fair market value ranges from 4,438 bucks to 93,671 and again just as a reminder like It it said here this is from 2018 keep Keep that in Mind shortly after Susan and mitnik Released their evaluation model a Web-based calculator that uses this Model surfaced the Crypt basic recently Leveraged this calculator to estimate Xrp value in the next two years and the Tool presented a price of $15 so folks Typically when you see a YouTuber cover This topic it's be like whoa look at This know what you hold everybody all The money they'll be saying BS like that Oh my god wow they said this oh wow who Guys uh getting all jazzed up and super Hyped but I I've seen no one else point Out that the damn thing doesn't work and I was going to pull up for this video But the website's currently down this is Definitely the right web address I Looked it up because I had it saved Currently the price calculator at the Moment I'm recording this anyway it's Down and I say good reens to the damn Thing I can show you what it looked like Though because uh the Crypt basic does Have a screen grab of it so you can see The fields that you can enter and so let Me just point out a couple things uh Just to get the ball rolling on why this Is a complete train wreck and
Garbage uh here you can see that there Are six different fields that you can Enter and again it's a calculator so Depending on what you think would be a Reasonable thing to suppose for those Particular Fields you can put at any Number you want press calculate and It'll spit out a number and so basically The Crypt basic put in figures that they Found to be reasonable and it spit out That value of a little over 15 bucks for Them okay here's the thing though this Calculator which is touted as the Susan Ay calculator that or I've seen it Called the athne mitnik calculator uh it Is not their calculator they did not Make this calculator what they made is What's on your screen right here this Framework a fundamental valuation Framework for crypto assets it's a 24-page document it's the one that I was Referencing a few minutes ago published In June 2018 by Robert mitnik and Susan Ay Susan ay was ultimately she isn't Anymore but she was on the the board of Ripple for a while and so they published This thing and it was about it's a Crypto valuation model they talk about Bitcoin and ex right they made this Paper they did not make the calculator And if they did it wouldn't as effed up As the actual calculator is let me make A the point just to kind of this the B Thing I best thing I can do to bring the
Point home if you go down to page 22 of This bad boy we'll skip past all the Mathy parts here um yeah I just look Right here I think this is the only Portion that I me to highlight right Here this is the conclusion section they Write this paper has produced a novel Comprehensive fundamental valuation Framework for the emerging crypto asset Class our model requires estimating a Total of eight parameters and arriving At an assessment of long-term Fundamental value which can be applied Across a broad Universe of crypto assets You call that right folks eight Parameters well where are the Other two then look at this the the the Calculator which again they did not Create the website it even says I Remember it because I've been on it Before it said that it was based on uh Susan ay and and robbert mitnick's work It was based on that it doesn't mean the Calculator's good or that somebody that Even knows how to math put it together Together so they they put in six Parameters not eight that should already Tell you right there this whole thing's Gonna be messed up no matter what you Plug into it because it's it's not their Model it's whoever's made this and then They just use the name say hey it's it's Based it's Loosely based on that it's Kind of like when there's a a story that
Is like based on real life events but They make completely just for dramatic Purposes in movies they'll make up Completely dramatized scenes that didn't Actually occur in life it's a similar Concept so it's based on something that Is a real thing so there's a real p Paper that Susan ay and Robert mitnik Published but this calculator sure is Not a reasonable representation of the Work they did not even close to it and So this thing's so damn old and it's Funny because the figures if you just it Has default figures actually when you go To it and and again this is from five Years ago well actually six years ago Now um right or just about yeah okay so Coming up on six years ago when you uh When you when you just hit calculate on The damn thing the default settings spit An xrp value of $1,632 35 and so I back then I remember being Like guys this is stupid it doesn't work Here are the reasons why and then I was Just told that you don't know what you Hold all the Money like I am so Pro xrp but I just Want us to live in reality that's it and I don't see enough that why why isn't Every content creator talking about how Stupid this thing is because what's Happening is there are trusted content Creators they they prop this thing up
Without critiquing it and then all these People that trust because there's actual Trust built up then they go away Believing that this makes sense and then They have an unreasonable expectation of What should be happening with Xrp that's why I'm push it's bad ideas It's bad stuff and it's a bad calculator It just doesn't make any damn sense and So then you look at the news BTC article Here crypto analyst predicts xrp will Explode 58,000 to $352 a crypto analyst has put together a Bold prediction as to the Future Trajectory of the xrp price so bold Stunning and brave based on his Prediction the xrp community could see The crypto tokens price enter three Digits soon enough in a video posted on YouTube the crypto analyst behind the Jwk show channel concluded that xrp's Price could potentially rise to as high As $352 oh my gosh that's amazing he made This conclusion after using an xrp Calculator this calculator was invented Based on a valuation model developed by Susan ay who happens to be on Ripple's Board and Robert mitchnick a former Employee uh at the crypto form yeah so As far as I can tell she's not on Ripple's board I actually looked up Ripple's website and scrolled down on Their website here you can see are the
Board members Susan ay uh not listed so And I didn't think she was on the board Anymore so as far as I can tell she is Not on the board and so it's just like It's if if I were sus NY and Robert Mitnik I would be offended to hear that This particular calculator was based on My work it just doesn't make any sense But people are making a lot of Assumptions that there's something Actually to this which is why I push Back against this nonsense we don't need The unreasonable nonsense in the stupid Ass hype to be to be sufficiently Excited about xrp there's enough real World awesomeness surrounding xrp and The xrp ecosystem and The Ledger the Entire Community everything that's Happening there's there's more than Enough to be reasonably excited about The future it's reasonable to think that It's possible we can achieve Life-changing wealth holding xrp that's Not crazy it happens in crypto all the Time it's not remotely crazy but some of This stuff is stupid as hell and by the Way as far as $352 prediction um I Wasn't familiar with the jwk show but They actually shared a clip from another YouTube channel um that that was pushing This I actually watched the video like a F minute video because I was just Curious I was like where's this coming From
Um I I just I don't know why people are Not willing to be thinking more Critically unless it's purely for the Clicks but that's why I was go back to You don't need to because even if you're Just grounded in reality the real Headlines describing what's going on and The real reasonable figures of xrp price Expectations that's sufficiently Exciting already you don't need $352 you Don't need $1,000 you know I mean you know if That's what your article is going to be About or your YouTube video I have no Problem with that but the problem is People are propping these things up as Though they're actually reasonably Attainable and and in particular in the Short term that's the Problem and I just I I just I get the Suspicion that too many people are out There doing it purely for that for that Reason I know the crypto alert is look At this this is a trash website this is Arguably the worst Crypt media outlet That there is on the planet and I'm Being kind in calling them cryp media Outlet it's just it's they they write Fiction so here's the headline though This is a new one xrp is set to handle Transaction surpassing 1.2 quadrillion Dollar making a price of $10,000 Necessary I don't even read the article It's it's it's trash making it necessary
Well if it needs to be then it just will Be right this is the type of crap that They they uh they want to pass on as Sophistication or reasonable but this Website is garbage in fact this is the First time I came across them I think uh This is an article from June 30th from The crypto alert SEC sources confirm Gary guinsler resignation folks I Covered this at the time some of you Might even remember the story this is Not true This website writes fiction they Literally make stuff up it it hits their It comes up in their little stupid Little brains they think it up they know It's not true and then they write Fiction madeup stories on the website And then pass it off as though they're Real news news site that is what they do And it get you know and it tricks people Though because they do have some stories With actual News and so they're tricking people and I've seen a lot of people lately on Social media platform X sharing articles From the crypto alert and so politely What I've been doing is letting them Know that this is a fake news site they Write fiction not news they write Fiction and I let people know That and not once have I gotten a oh Thank you I didn't know that not once And so what I keep seeing is I I let
People know that because I want to give People the benefit of the doubt if They're sh sharing something that's from An actual fiction writing site I want Them to be aware of that uh because I Give them the benefit of the doubt maybe They don't know better but then when I See that they keep sharing stuff from The site that tells me oh they probably Just don't give a damn they don't get And so some of these accounts they have Massive followings they'll be warned hey Just so you know this site they they Claim they're sharing news they write Fiction so I warn them and then they Don't care so what does that tell me That tells me that they are purely doing It for the clicks they don't care if They Mis lead people and then I no Longer trust them I no longer trust These people I give them the benefit of The doubt hey just so you know fake news Just consider that maybe you don't want To share a fake News website and then I'm talking accounts with like tens of Thousands of followers on X like Wellknown and respected accounts they're They're sharing this Crap I I Just we need less of this in the Community that's my op I like I love Civil discourse and all that stuff but There is such a thing as going too far And if you're going to share a fake News
Website that's too far if you're going To look at uh you know a price Calculator and share outrageous price Expectations and the hundreds of TH or Or thousands of dollars for xrp without Engaging first in critical thinking You're going too far that's not Reasonable I subjectively do not believe This is my personal opinion I do not Believe that's reasonable slow down Chief I get it you want the likes you Want the clicks we all do I get it of Why wouldn't we but can you do it with Some critical thinking and some Reasonable thought process leading up to Whatever the hell your opinion is can You Justified can you be intellectually Honest and just admit if you're going to Cover a topic hey uh this this thing it Might be crap like kind of like what I'm Doing right now because I'm telling you I know for sure I would have way more Followers on X and I would have way more Subscribers on YouTube if I did what Some other people do and just do the True hype train thing the big figures And all the money and I could get into The conspiracy theories and all the Magic and all the people the pulling the Strings and secretly and the shadowy Figures that actually know stuff and I Can make you feel really Special but I'm not going to do that Because I hate that
Crap all right I guess that's my Rant sorry this stuff just bothers me Like it's just it's cathartic to just Kind of let out this complaint Fest here So I hope that actually I know most of You I think you are on the same like you I think broadly speaking the vast Majority of people listening right now Probably feel the same you also hate This stuff but I just I cannot relate With the people who are willing to Forego credibility for what they Perceive as some sort of short-term gain Of getting more clicks and more shares On X or more views on YouTube or Whatever it is I can't relate to that It's just just everything is so you can Get plenty of clicks by being Intellectually honest I swear in my life You can you can make your headlines Sound exciting of if you respect your Work of course you want to have the most Exciting sounding headline possible Whether it's YouTube or you're writing An article now it needs to be about what You're covering you don't want to Mislead people but it should be the most Exciting accurate description of what Your covered of course do that but don't Do what the crypto alert is doing here $10,000 xrp I mean if you're talking About the like the concept of $10,000 Xrp uh and then you're ripping it to Shreds I mean I do that go ahead but the
Problem is it's the big figures and look Here I'm not even going to tell you it Doesn't make sense I'm going to let you Believe it it's just it just it's Shady Man like I just I despise It all right I'll shut up now I'll for Real shut up now but man this stuff Really bugs me so there we go just be Aware of this watch out for people Pushing this crap pushing this stupid Ass broken ass xrp price Calculator and and the crypto alert if Somebody's sharing the crypto alert you You can be friendly and warn them but if You see them do it more than once just Assume they don't care about spreading Honest information they just want the Clicks and the reason they'll do it too I I I suppose anyway is because that Type of Outlet like the crypto alert They're more likely to frequently post Headlines like this that are more Attention grabbing that's why they're Doing it but it's not filled with Anything that has thoughtful discussion Or discourse or you know honest facts Nothing like that that's not what this Stuff Is they're just they're taking advantage Of the community that's what they're Doing I'm not a financial adviser you Should not buy yourself anything because Of anything I say or right that would be A very very very bad idea until next
Time to the Moon Lambo
