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Ripple CTO says community could force the company to burn 48 billion XRP
https://cointelegraph.com/news/ripple-cto-says-community-could-force-the-company-to-burn-48-billion-xrp
Burner phones are just prepaid phones ... with cash as far as I'm concerned. No identity revealed, no tracking, no advertising. It still makes and receives phone calls and my laptop takes care of everything else.
Buying doesn't require ID, transferring from one wallet to another does.
P.S. I won't pay taxes on the sale of XRP. It's has an offset.
By intention, I have a burner phone (so I can't be identified or tracked).
I have a laptop I use for everything a mobile phone can do (and more), but without a scanner I have no way of identifying my self for a wallet to wallet transaction.
I gave up on Coinbase. It's getting too close to the snapshot date. So I sold all my XRP there and moving it to Kraken. Is was easier for me to sell and rebuy than all the torture that goes along with moving from one wallet to another. I know we'll see $1 soon so buying @ .63+ is no big deal. That's about what I sold for anyway.
Reminder of the Pinnacle IVD Corporation's 15-Minute COVID-19 Antigen Test
Aytu BioScience Announces Global Agreement to Distribute Pinnacle IVD Corporation's 15-Minute COVID-19 Antigen Test
https://www.biospace.com/article/releases/aytu-bioscience-announces-global-agreement-to-distribute-pinnacle-ivd-corporation-s-15-minute-covid-19-antigen-test/
Kraken Newly Announces to XRP Holders Its Support for Spark Tokens’ Upcoming Airdrop, XRP Climbs Higher
After Kraken signaled that it was not planning on supporting the upcoming Spark tokens’ airdrop yesterday, the cryptocurrency exchange appears to have changed its mind.
https://blockchain.news/news/kraken-newly-announces-xrp-holders-support-spark-tokens-upcoming-airdrop-xrp-climbs-higher
95% of Ripple’s customers are not from the US, CEO Garlinghouse says
"Potential customers in the U.S. are apparently holding off from using Ripple’s XRP-related services due to regulatory uncertainty."
https://cointelegraph.com/news/95-of-ripple-s-customers-are-not-from-the-us-ceo-garglinghouse-says
First Mover: Short Shrift for XRP Token’s 169% Price Surge as Traders Obsess Over Bitcoin
"As bitcoin dominated headlines in November with its rally toward an all-time high, one of the most prominent alternative cryptocurrencies, XRP, quietly jumped 169% during the month to top the performance rankings among digital assets in the CoinDesk 20."
https://www.coindesk.com/first-mover-xrp-price-surge-traders-obsess-bitcoin
Same thing I've been saying. BTC is way overvalued even at $1000. It's only good for digital bartering and there's 100'S of cryptos that are good for that, more affordable, more utility, more capacity, and much more improved in capabilities, (e.g. high volume fund transfers, smart contracts, gaming, etc.).
Same for bitcoin.
https://coinlib.io/en/compare/2020-11-03/BTC/XRP
Gman, don't forget the taxman.
Aytu Bioscience Says Recently Established Purchasing Relationship With A U.S. Supplier Of Emergency Use Authorization Authorized Antigen Tests
https://www.cmlviz.com/recent-development/2020/12/02/AYTU/aytu-bioscience-says-recently-established-purchasing-relationship-with-a-u-s-supplier-of-emergency-use-authorization-authorized-antigen-tests
Ripple Planning Aggressive Expansion of XRP Remittance Platform in 2021
“With the cryptocurrency product, you can send into I believe three destinations around the world. We’re expanding that aggressively in 2020 and 2021…
We are going to continue to expand ODL, On-Demand Liquidity. I mentioned this is in a few countries as destinations. We want to get global coverage of that where possible by the regulators.”
https://dailyhodl.com/2020/12/02/ripple-planning-aggressive-expansion-of-xrp-remittance-platform-in-2021/
XRP Could Target a Move to $1.80 as Technical Strength Flourishes
https://www.newsbtc.com/analysis/xrp/xrp-could-target-a-move-to-1-80-as-technical-strength-flourishes/
Ripple’s XRP sees explosive 1,151% trading volume spike in November
https://cointelegraph.com/news/ripple-s-xrp-sees-explosive-1-151-trading-volume-spike-in-november
Ripple might step in and start buying some XRP any time ....(Hoping out loud).
Ripple: XRP and RippleNet perfectly suited for all CBDC’s worldwide
o Asheesh Birla is convinced that local CBDC’s can be moved easily and quickly on RippleNet.
o XRP can serve as a bridge currency to process cross-border payments in real-time at low cost.
https://www.crypto-news-flash.com/ripple-xrp-as-well-as-ripplenet-perfectly-suited-for-all-cbdcs-worldwide/
Chainlink announces support for ‘in-demand’ Ethereum infrastructure development
https://eng.ambcrypto.com/chainlink-ethereum-infrastructure/
Actual scenario:
BTC investors with $100,000 investment for the last 3 months made a $43,000 ROI.
XRP investors with $100,000 investment for the last 3 months made a $178,000 ROI.
https://coinlib.io/en/compare/2020-11-01/BTC/XRP
I think this trend will continue. I also believe that BTC has got so expensive that investments (from the average person) has slowed down, thus the ROI has slowed down. At this point it's just an investment for well off, but a rather poor one in comparison to XRP.
In my opinion, the smart whales will see this sooner or later and dump BTC for XRP or other cryptos with better returns. (No different than with stocks . . . the search for the best returns).
XRP has outperformed BTC for the last 3 months.
How long do you think the whales invested in BTC are going to keep their money in an inferior investment? These are smart people.
$11,000 in BTC over the last 3 months had an ROI of < $6500
$11,000 in XRP over the last 3 months had an ROI of > $17,000
Where's the smart money going to migrate to?
It isn't years and dumps. It's when the people without tech knowledge become educated in cryptos eventually.
BTC was the first crypto so it's popular. A classic... like a classical car, intrinsic painting, or collectible stamp. It's OK to invest in historical artifacts if you're rich, but it's not a good idea for 99% of us to go out and buy a Picasso or a Ferrari.
At some point, it will be impractical for that 99% of people to invest in and they will turn elsewhere to the later more improved cryptos that have a solid utility, capacity, expended usage, and affordable. That's how AAPL, GOOGL, AMZM, FB, etc. stocks became worth over $5 trillion combined.
https://www.axios.com/big-techs-power-in-4-numbers-de8a5bc3-65b6-4064-a7cb-3466c68b2ea0.html
Compare that to BTC cap of $357 billion.
Follow the real money, not the intrinsic crypto investments. The future world won't be run on classics.
I had stated several times before here that I believe bitcoin's true intrinsic value is worth less than $100 ... seriously. Ask yourself what it's value as far as "utility" and "capacity" compared to other cryptos?
Most investors are attracted to BTC because of the "chance of riches"....it has a gambler's chance of potentially going up in value. It also has the same chance of going down in value. It's basically a crypto flip of the coin. That's not a crypto investment, it's a house bet.
Be careful out there - Why DeFi Flash Loan Attacks Will Keep Happening: Chainlink Co-Founder
Sergey Nazarov told Decrypt that hackers will continue to target DeFi protocols unless they reconsider the way they get data.
https://decrypt.co/49867/defi-flash-loan-attacks-will-keep-happening-chainlink
Ripple: FXCoin starts proof of concept for XRP-based payment platform
o FXCoin and Sumitomo Corporation have launched a proof of concept for the settlement of debts and credits using Ripple’s XRP.
o The platform is intended to serve as a global cash management system in the long term.
https://www.crypto-news-flash.com/ripple-fxcoin-starts-proof-of-concept-for-xrp-based-payment-platform/
After Ripple exec declares Bitcoin maximalism 'over,' XRP price surges
“I think that the days when folks believed that there’s only going to be Bitcoin, I think, are over,” said Asheesh Birla.
"Birla said that he believed Bitcoin had not “gone after” payments, and because different projects had different use cases, the coin’s overwhelming dominance was no longer a certainty..."
https://cointelegraph.com/news/after-exec-declares-bitcoin-maximalism-over-xrp-price-surges
It's "Likely Too Late" for Coinbase to Give XRP Holders Free Crypto
https://decrypt.co/49859/coinbase-likely-too-late-for-upcoming-airdrop-for-xrp-holders