Crypto Bitlord to Ex-Ripple CTO: Some of Us Believe XRP Can Hit $10,000

David Schwartz, the former Chief Technology Officer of Ripple, posed a direct challenge to the XRP bull case on May 1. He argued that if a small group of wealthy, rational investors genuinely believed XRP had even a 1% chance of reaching $10,000 in ten years, they would bid the price to at least $20 today. He asked a crucial question: “Why aren’t they? Conspiracy?”

The post drew a reply from Crypto Bitlord (@crypto_bitlord7), a prominent voice in the crypto community with over a decade in the space.

Bitlord’s Counter

His answer was direct. “It’s funny, David, because there are some of us who believe XRP can hit $10,000. And we did buy and hold it. Bidding and adding to positions.” Ripple:native refers to XRP as the native asset of the XRP Ledger (XRPL).

It distinguishes the original XRP from any wrapped or bridged versions of the token on other blockchains, and he suggests that the asset that he has believed in for more than a decade will hit the $10,000 target.

Bitlord did not stop at asserting belief. He pointed to a specific cause for XRP’s price suppression. “The only reason it went down is that Ripple Labs sold billions of it,” he wrote.

Bitlord has repeatedly accused Ripple of dumping XRP and recently called on the company to buy back $100 million worth of XRP to appease the community. He argued in his reply that without that selling pressure, XRP would probably be sitting above a $20 floor today.

Historical Price Moves

In a follow-up post, Bitlord referenced XRP’s previous price behavior. He stated he remains “convinced it can teleport as it did years ago,” arguing that a move of similar percentage growth today would value XRP higher than the entire current crypto market capitalization.

The Market Cap Debate

One community member challenged Bitlord’s position with hard numbers. A $10,000 XRP price would require a $560 trillion market cap. For reference, Bitcoin sits at $2 trillion, and gold at $30 trillion. His point was that the target makes it structurally unrealistic.

Bitlord addressed the money supply argument, stating, “Every day the global money supply inflates.” His response did not dispute the figures. He acknowledged that more money is printed daily and more gold is mined. He concludes that the market grows daily, “so anything is possible.”

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