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...then Grayscale has more good news for seniors.
https://www.coindesk.com/grayscale-dcg-launches-fund-top-crypto-assets-eth-included/
The big news announced by Coinable is a Crypto- index fund.
not bad for being halted
Maybe Jay will take over.
Big $$ behind both, XLM- BlackRock, Google.org, and FastForward. XRP - Bank of America, RBC, Standard Chartered, UBS to name a few. Stellar.org is a non profit, Ripple is not.
The two serve different markets, and are not direct competitors. In other words if one goes away the other will not benefit.
Why did Jed leave? According to David Schwartz (Chief Cryptographer at XRP)
“Jed had a long string of bad ideas that Ripple’s Board of Directors refused to implement. So Jed started Stellar based on those ideas.
Jed wanted Ripple to do a Facebook giveaway. Ripple would not do that. So that was one of the first things Stellar did. The giveaway was generally considered a disaster. As it became clear that each of his rejected ideas were bad, Stellar pivoted to become a clone of Ripple.
Jed tried to dump his XRP quickly and Ripple acted to stop him through a series of lawsuits. Thanks to Ripple’s refusal, Jed’s XRP will probably be worth more than $1 billion. He will probably be the only person to become a self-made billionaire despite his best efforts.
When companies solicit investors, those investors get stock with voting rights. Some of them get seats on the Board of Directors. And you bring on smart people to help you make good decisions. Heck, Jed brought in Chris to be CEO. Jed’s reaction to not getting his way on these issues was to publicly say bad things about the company and start a competitor. IMO, unless you think the company is doing something illegal or severely immoral, betraying your investors and employees that way is unconscionable.
Note that this is not a comment on what Stellar is doing now or their likelihood of success. It is just about why Jed McCaleb started Stellar. I was there. But I cannot claim to be unbiased. This is just the parts about which I am relatively certain. There are things that I suspect that are even worse.l”
You seem a little fuzzy on the subject, hope this helps.
~
Wallets are coin specific.
On a less gloomy note, 6k is out.
https://fintel.io/doc/www.sec.gov/Archives/edgar/data/1164771/000149315218002671/form6-k.htm
A cryptocurrency wallet is a software program that stores private and public keys and interacts with various blockchain to enable users to send and receive digital currency and monitor their balance.
Unlike traditional ‘pocket’ wallets, digital wallets don’t store currency. In fact, currencies don’t get stored in any single location or exist anywhere in any physical form. All that exists are records of transactions stored on the blockchain.
Three wallets to consider: ( there are others but Ill just go over the three)
Desktop: wallets are downloaded and installed on a PC or laptop. They are only accessible from the single computer in which they are downloaded. Desktop wallets offer one of the highest levels of security however if your computer is hacked or gets a virus there is the possibility that you may lose all your funds.
Online/exchange: wallets run on the cloud and are accessible from any computing device in any location. While they are more convenient to access, online wallets store your private keys online and are controlled by a third party which makes them more vulnerable to hacking attacks and theft.
Hardware: wallets differ from software wallets in that they store a user’s private keys on a hardware device like a USB. Although hardware wallets make transactions online, they are stored offline which delivers increased security. Hardware wallets can be compatible with several web interfaces and can support different currencies; it just depends on which one you decide to use. What’s more, making a transaction is easy. Users simply plug in their device to any internet-enabled computer or device, enter a pin, send currency and confirm. Hardware wallets make it possible to easily transact while also keeping your money offline and away from danger.
I am not sure I understand question 1, XLM can only be placed in an XLM wallet. Stellar, etherium Bitcoin Bytecoin etc all have their own wallets. If you have several crypto's on a single exchange, they are all in their respective wallets in your account. If you wish to transfer your coins to your desktop wallet, you will need the appropriate wallet for the crypto you are transferring. For example; If you send Bitcoin to your desktop wallet the software must be compatible with bitcoin. If by chance you send BTC to XRP wallet you will most likely lose the money. On many online platforms you can do cross chain transactions, but to my knowledge you cant with desktop wallets. So to answer your question yes, it matters which software wallets you have. Just remember send ripple to ripple wallets, btc to btc wallets etc.
Question 2: The trading process is simply sending and receiving.
Step 1 is to buy some crypto at a price you like. Transfer said coins/tokens to your wallet.
Step 2 wait and sell when the price is right.
Thats its.
Remember the wallets only store information (blockchain) which is a ledger of all transactions (coin specific). your wallet only holds the records of the transactions, no more no less.
FWIW this is what I do.
Send USD to coinbase
Transfer to GDAX and buy Bitcoin as a maker (no fees) then I transfer Bitcoin to another exchange, Binance for example, and buy Ripple. I buy the ripple through a crosschain transaction BTC-XRP
Then I transfer XRP to deskptop/coldwallet.
Thats it, it took some time to get comfortable with the process so i made lots of small trades to hang of things but its fun. Not as simple as eTrade.
Short answer:
Required? - No
Necessary? - absolutely. Google up "Rippex" for a nice wallet.
Check this out for more ideas. https://money.usnews.com/investing/investing-101/articles/2017-11-06/best-bitcoin-wallet-of-2018
...and for what its worth it is not a stock.
https://medium.com/koinok/ripple-xrp-everything-you-need-to-know-before-investing-ffcedc3b98a9
Yes, the mine you reference is in Montana, NAK is not planning any mines in that state.
[Pro-Pebble estimates
Con Pebble estimates
Big numbers in their differences.
Total Insider Shares Held 40.3M, not sure if this is accurate.
Not to mention minerals do not have dna. How anyone can single out a single point of origin is simply not possible.
Try this, walk into Tiffany’s and ask for a gold ring made with gold from mine “x” and see where that gets you...
Until Coinbase makes the announcement it’s just rumor.
Remember January’s hype? It was a sure thing, articles said it would join the ranks at Coinbase, buuuuut it materialized as rumor.
The link below is the framework GDAX uses, it may give some insight to the process of adding new coins.
https://www.gdax.com/static/digital-asset-framework-2017-11.pdf
Very interesting, flash mob-esque.
"The game is afoot"
Mining companies donate $1 million to campaign against Alaska fish habitat initiative
https://www.adn.com/politics/2018/02/13/mining-companies-donate-1-million-to-campaign-against-alaska-fish-habitat-initiative/
The company will not be using Ripple’s XRP token as part of its deal, it will use the technology behind the token for executing transactions. How this will affect the price is anyones guess.
Good one! Lol
Sounds like you think the Salmon initiative will pass as written...time will tell.
A few hurdles the initiative is facing:
-The state (Alaska) thinks the initiative is unconstitutional and is challenging it in court.
-The Alaska Supreme Court will have the final word on that this spring. If the initiative wins in court and
gets enough signatures next year it will be on the ballot. ( it has enough but they have yet to be validated)
-Alaska Native Claims Settlement Act (ANCSA) Regional Association, which represents the 12 Alaska-
based Native Regional Corporations, voted unanimously to oppose this initiative.
If you wish to help with a donation, "Stand for Alaska" is activity fighting the initiative.
https://investfairbanks.com/sites/default/files/documents/Stand%20for%20Alaska%20FEDC.pdf
Op-ed in the ADN. Interesting point of view regarding the "Salmon Initiative"
If you like to ruminate disclaimers, checkout the authors creds ;)
You don’t say.
...and to put it into context:
They consider it a cash advance and charge accordingly.
Your concerns are justified, that being said until you are completely comfortable with the process, buying, exchanging, and storing crypto, be very careful. Use small amounts of fiat to get started and DO NOT SPEND ANY $$ THAT YOU ARE NOT PREPARED TO LOSE.
#1 concern - no worries transferring XRP to your bank. You just need to exchange it to USD then transfer.
You can save a few coins if you buy with GDAX ( if you have a coinbase account you can open a GDAX instantly) Buy/Sell as a maker to reduce fees to 0.
Then transfer BTC, ETH to the ripple exchange of your choice I use Bittrex, but they are not taking new accounts. Binance works well also.
#2 Absolutely!
Now its important to get your head wrapped around the wallet thing, very important. You and you alone are responsible for managing the coins you collect. Exchange wallets are prone to hackers, not saying they will, just saying they have. Use them as a temporary place to hold your coins.
Get a desktop Ripple wallet, Rippex works well and store your coin there.Or even better, create a cold wallet. Here is a good link for getting a ripple cold wallet up and running,
#3 Yes, the process takes two weeks or so.
Open a coinbase account, get verified initiate a deposit, then
Click over to GDAX and open an account. It will be linked with your coinbase when its verified, then
Click over to Binance, open a new account. This will be an exhange account, no waiting because presumably you will only use it to send BTC,ETH to exchange for XRP.
Download Rippex.
wait 12 or so days for coinbase to do its thing, then buy BTC,ETH etc.
Start reading, read everything you can find about crypto.
Good luck.
I would not hold my breath, nice read on ICO's...
Resource extraction is Plan A in Alaska...its all there is.
The recent statement by Scott Pruitt has been gnawing at me for some time. Something isn't sitting well with the wording, something just seems off...
Interesting math, please elaborate.
Here is my oversimplified method...
304 mil Outstanding
269 mil Float
269/2 = (134.5 mil)
134.5 mil ? 152 mil (50% OS)
Question:
What is the unfunded liability of California state and local governmen
EPA does a crazy Ivan
and revives Obama proposal.
The legislature has been kicking this can for the past year. As it is written it will present some challenges, not just for Pebble, but for nearly every project in the State that requires a shovel.
Donlan mine , Fancy new King Cove road. to name a few. I think the HB is written better than the "Initiative" and will allow for projects to go forward, albeit more slowly, IMHO.
HB199
...or maybe because of this proposed bill.
http://www.ktuu.com/content/news/Salmon-bill-could-replace-initiative-before-November-470816263.html
Right from the horses mouth...
https://support.ledgerwallet.com/hc/en-us/articles/115005177349-How-to-install-and-use-XRP-Ripple-
Ledger Nano gets my vote.
https://www.ripplecoinnews.com/best-ripple-xrp-coin-wallets
This will make some people happy. http://mustreadalaska.com/breaking-gillam-decides-not-run-governor/