TLDR
- David Schwartz joked that he is accumulating “haters” instead of crypto assets during a public exchange with a developer.
- His comment spread quickly across social media and triggered fresh debate within the XRP community.
- Many of his critics come from within the XRP Army, who expect strong price predictions and bullish statements.
- Schwartz has repeatedly said he is not comfortable predicting XRP prices reaching $50 or $100.
- He recently revealed that he sold most of his XRP at around $0.10 in its early days.
Ripple executive David Schwartz joked that he is accumulating “haters” instead of crypto assets. The comment came in response to a question from a prominent XRP Ledger developer. David Schwartz has recently faced increased scrutiny from parts of the XRP community over his views and past decisions.
David Schwartz Responds to XRP Community Criticism
Schwartz gave a blunt response when asked what he is currently accumulating besides XRP. His answer quickly circulated across crypto social media platforms.
Haters.
— David 'JoelKatz' Schwartz (@JoelKatz) May 20, 2026
He has become more vocal in recent months while addressing rumors and criticism. Many of his critics come from within the XRP community itself.
Some XRP supporters have clashed with Schwartz over price expectations. They often push for aggressive predictions and speculative narratives.
Schwartz has consistently rejected such claims and avoids making price forecasts. He said he does not feel comfortable predicting XRP price reaching $50 or $100.
He has also denied conspiracy theories linked to Ripple and the XRP Ledger. These include claims about secret institutional allocations and covert government deals.
Past Sales and Clarifications Fuel Debate Around David Schwartz
Schwartz recently disclosed details about his early crypto sales. He said he sold most of his XRP at around $0.10.
He explained that he did not expect XRP to reach $0.25 at that time. His comments triggered fresh debate among XRP holders.
He also revealed selling 40,000 ETH at $1.05 during Ethereum’s early days. In addition, he sold most of his Bitcoin between $1,000 and $7,500.
These disclosures drew criticism from some community members. Others defended his decisions as rational at the time.
A resurfaced tweet from November 2017 has added to the controversy. In that post, Schwartz said XRP “couldn’t be dirt cheap” if used globally.
Many holders later treated the comment as a price guarantee. Schwartz recently clarified it was not a prediction.
He said the statement reflected technical considerations rather than market expectations. His clarification aimed to address long-standing misunderstandings.
Schwartz continues to respond directly to criticism on social platforms. His recent activity shows ongoing tension within the XRP community.
Stop guessing and start investing with confidence. KnockoutStocks gives you the AI insights, market intelligence, and stock research you need to spot opportunities, cut through the noise, and make smarter investment decisions — all in one powerful platform.
Sign up today and get 50% OFF full access to our premium stock picks.
Simply use coupon code SPECIAL50 at checkout to claim your exclusive discount.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
