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Sadly yes
We have a greater probability of a monkey leaping from my ass with a tambourine to the star spangled banner than being listed on the Nasdaq— where yes, a min share price does apply.
In the same boat as you. Merry go round of incompetence continues.
Cheapest I was able to get was $800-$1000 or so. If you have HNW accounts, sometimes the brokerages will work with you and can waive it in some cases. Also depends how you acquired the shares.
I will dump the 870k I have the minute I can. I assure you !
Interesting link I’ve been using to see trends amount different sized wallet holders. Been using this since December to sort of see conviction levels amongst some of the ‘whales’. Thought I’d share.
https://ledger.exposed/rich-stats#percentage
I got lucky with BTC several years ago. Bought it and forgot about it. Of course, should have doubled down during the many dips (some for extended periods) — but I still came out better than okay.
As you can see with XRP, I am trying to fix that massive ‘lesson learned’- ha. Thankfully I have many working years left and I’m diversified across other defi. Time will tell I guess.
Been buying $2-5k/day lately. I know it’s not a lot, but surpassed 250k XRP this week. The more I read, the more I am excited about the prospects (US / SEC or not)!
In other news, Gman I may have to buy you a boat!!! LOL.
Sorry if this was already posted and I missed, but found this to be interesting. Another power player on the XRP team.
“There’s no way to sugarcoat it. They’re dead wrong legally and factually.”
I’m steadily adding.
https://fortune.com/2021/02/19/ripple-sec-lawsuit-mary-jo-white-crypto-unlicensed-securities-xrp/
I also remember seeing similar headlines before from a couple years ago. I have family out there and we discussed it at the time.
Been buying since the Dec lows... then sort of stopped as the delistings took place here in the US— as I thought that would be a further leg down. Instead it just kept sitting there, so I doubled down.
Have to say I’m growing more and more bullish on XRP the more I read on the foundational technology and follow the court docket relating to the SEC indictment / charges.
I’ve been throwing $500ish/day at this for the last week as I don’t see any additional long term downside for XRP here in the US.
So my question — to all the active (and very helpful) holders on here— from Gman to Yoda to everyone in between — are any of you buying (or looking to buy) as we continue to sit around $~0.50ish?
Or am I a fool?
Told you. More to go.
I wonder how this person exited the SEC... in terms of how much of this is ego / vindictive / political stuff vs an unbiased supposed presentation of what the SEC deems ‘fact’.
Most attorneys that choose to ‘serve’ in the SEC quickly find out its massively underfunded, heavily weighted with opinions of participants, and almost toxic in terms of culture.
On a somewhat unrelated note, it’s almost comical to me how the SEC has allowed a massive amount of Chinese IPOs here (especially after the virus and culpability) given the amount of fraud and companies that simply don’t have governance / GAAP standards — and others that are flat out fraudulent (see Lukin coffee).
Pick and choose I guess.... but I can guarantee there’s more American investors hurt in Chinese backed IPOs than this....
Honestly it will be a 24-36 month turn for a case like this. Highly complex, somewhat opaque, and totally ‘new’ to most folks that are enforcing what they perceive to be the law. The problem with laws in relatively new areas is that they are almost intentionally vague and leave a large amount for interpretation. All these guys can do is go In and show the good-faith effort that has been made over the years (as well as invoices and guidance from outside counsel retained) to show intent was there to do everything above bar. If the SEC can prove intent to deliberately mislead / defraud / etc... and again it has to be pretty ‘black and white’... this isn’t good.
I’m in health care and with new technologies or methodologies— we have to battle the same stuff (ill-defined laws) while the tech or method in question continues to mature and show value to both patients and insurance companies. With COVID keeping courts shut, it has pushed out most cases almost 18 months (and counting).
I’ve held for years and will continue to hold. Sold some btc gains and have been buying below $0.25. The technology is leaps and bounds more efficient, faster, cheaper, and scalable (with 80% super majority consensus) than anything I’ve seen.
Meh, give it time. Bounces once a year below a penny then usually shoots back. I’m a buyer
I think I have 75m shares of this stuffed in a drawer somewhere from Fitx. Waited 5 years.. I guess.... keep waiting? Lol.
agreed
agreed but lots of noise in the broader market. still holding.
good to start seeing a consistent flow
strong volume lately. seems to be building
not chris! at least not so far in this life! ha!
podcasts heating up
undervalued. seems to have strong portfolio
good movement. looks primed
$VIRA good pipeline of late
from talking to people in the biz locally, interesting to see them pivot to providing their accounts with COVID related items. I still don't think we have seen the true impact to the food supply chain yet, but I remain hopeful.
looks like news is on otc website
www.otcmarkets.com/stock/VIRA/news
I wish I had your optimism. Longtime holder but... hope isn't strategy