Grand Master Jedi
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Nice dip today...Yoda getting ready to pull the trigger.
Thank you for the feedback....
These are two giants fighting over AESE interests. Seems undervalued indeed. A merger this size can get this one moving north fast. Just learning of this ticker....anyone have any juicy details about the merger that’s suppose to go down at end of month?
Extended opportunity indeed!
Crypto is over? Lol, a broad statement by an ignorant individual. He’s talking about quantum computing which will eventually be able to crack the BTC code but we don’t have to be worried about that at this moment. How do you combat quantum computing? Well, of course with quantum computing (algorithms). People make it sound like with quantum computing that governments, banks, exchanges, cryptos and the like are just going to become sitting ducks. Thats absolute nonsense as there will be quantum computing to combat security issues like this as were talking about governments, banks, exchanges, etc....no doubt its already being worked on. This is one of the reasons I don’t like leaving my crypto sitting on the exchange as you just don’t know how secure these exchanges are at the current moment. The momentum we get a quantum crypto wallet Ill be scooping it up right away.
Will Quantum Computers Really Destroy Bitcoin? A Look at the Future of Crypto, According to Quantum Physicist Anastasia: https://dailyhodl.com/2020/08/23/will-quantum-computers-really-destroy-bitcoin-a-look-at-the-future-of-crypto-according-to-quantum-physicist-anastasia-marchenkova/
Boomshakalaka!
Nice...its always a pleasant surprise when incentives like that happen.
.15% is like APY for ants...compounded interest on $10k wouldn’t be much. $15 sounds about right. I remember when Coinbase slashed USDC APY from 1.25% to .15% which was like 90%. Huge difference...
I’ve never used Bittrue....sorry I can’t be of more help as Ive only used Binance, Kraken, Coinbase and now Uphold.
Looking at chart now...dang!
Its coming, and the Ripplenet ecosystem will be apart of it as Banks and Financial Institutions are preparing to switch to the ISO 20022 global payments standard by Nov 2022. Compliant cryptos will be the foundation in transitioning away from the legacy system.
“ISO 20022 is steadily becoming the global standard for the world’s cross-border payment flows. Ripple has been a leader in this shift and our network, RippleNet, has been aligned with ISO 20022 standards from the start.”
https://ripple.com/insights/iso-20022-shaping-the-future-of-cross-border-payments/
Good question...FLR is only being traded on one exchange right now, Bittrue. I haven’t looked into any of that yet but think its safe to assume that multiple exchanges will be joining the party.
It will certainly pull back some but because of the utility this is going to hold and grow in value. Distribution is set for late 2Q.
Not yet. Distribution is planned for approx two weeks after the main launch of FLR/XFLR. (End of May/begin of June 2021).
Its jumped up to 1.53 now!! XFLR and XRP are going to be utilized so big for smart contracts. The world of finance is changing as decentralized banks are being built on this technology. Smart contracts are the future of finance...were holding gold! Were going to become like mini banks holding XFLR...hgmmmmm!!
You know it! Cheers!
Im watching it...INSANE, lol!
Interesting thread....
MY Theory that “It’s All About Ripple’s Escrow” — If Congress declares that regulating Digital Assets is a 𝗠𝗮𝘁𝘁𝗲𝗿 𝗼𝗳 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆, the Federal Gov’t could invoke its 𝗘𝗺𝗶𝗻𝗲𝗻𝘁 𝗗𝗼𝗺𝗮𝗶𝗻 Power to expropriate Private Property for Public Use.
— Seal S. Nulliah (@AttorneySeal1) March 14, 2021
Confiscation of the escrowed XRP would certainly be within executive powers. (See Gold Reserve Act of 1933, etc.) But, in a twist of irony, the Fed would have to declare XRP a currency before confiscation! :)
— Jeremy Hogan (@attorneyjeremy1) March 14, 2021
Thats strange as it worked for me...perhaps this one will work: https://www.forbes.com/sites/roslynlayton/2021/03/11/sec-stumbles-in-ripple-case-lost-in-a-maze-of-its-own-making/
Not following....
Thats what this will come down to....how they sold it and how they’ll be allowed to sell it thats good for both parties.
Yes, and it will. In the end this isn’t going to end up being a one sided victory...there will be a settlement. No doubt that XRP will get it’s clarity as a virtual currency, but as you know, the escrow and how they sold it is a different story.
Yes because its not about fraud I think a settlement will be reached as well.
Yes how they sold it and how they’ll be allowed to sell it in the future...its all about the escrow.
The XRP we hold will indeed be ruled as a virtual currency. Their response to our lawsuit already proves it as they’re not clear if its a security or not. They know its not...in the end will get regulatory clarity on XRP and Ripple will be restricted in how much XRP they can sell or they won’t be able to sell it at all.
Yes it isn’t new....but with MG partnership going on hold dont be surprised if we don’t see WU and Ripple back to the table.
Clearly, the SEC didn’t foresee the mess they were going to get themselves into. They are suing to dismiss the XRP investors case by saying that it's not clear that XRP is a security while at the same time suing Ripple for saying that they should’ve known years ago that XRP was a security? Absolutely pathetic. When it comes to hypocrisy it doesn’t get any worse then this. In the end XRP will not be declared a security as this case is specifically about the escrow. Victory will be ours...sit tight boys because we’re headed back to ATH after this bumpy ride is over.
SEC Stumbles In Ripple Case, Lost In A Maze Of Its Own Making: https://www.forbes.com/sites/roslynlayton/2021/03/11/sec-stumbles-in-ripple-case-lost-in-a-maze-of-its-own-making/amp/#click=https://t.co/KtUJqDKJeK
Yes...the script is going to flip!
Western Union Confirms Plans to Experiment With Ripple
https://futurism.com/western-union-ripple-tests
Its absolutely nuts...lol...when distribution happens were going to see a drop so there’s a good chance we may get our initial 15% at a lower price. Thereafter will see what price she stabilizes at for the monthly 2% we’ll be getting. Glad distribution is happening in June so the paying of income tax will be broken up into three separate tax years. In June we’ll get 15% and July thru Dec will be getting another 12% for approx total of 27% maybe 30% of our bag by years end. Paying the income tax won’t be as overwhelming as some may think with how their going to be distributing it.
Go XRP & XFLR!
Yes, this is how Kraken is doing it so I assume others are going about it in a similar manner. You’ll end up seeing your FLR, which will be XFLR in its own wallet in your account sometime after the distribution occurs.
Yup....a associate of mine has a large bag of XRP on his Nano is about to claim them. His two advisors have been cautioning him not to because of risk factors. Im advising him otherwise....I told him I did it and my bag is fine. Yes, the snapshot makes it public on the blockchain but its all numbers of XRP and wallet addresses as nobody knows who anyone is. Its just like looking at the Whale alerts as we can see XRP being moved from wallet to wallet but we have no idea who it is. Its the same with exchanges....you can’t truly hide anything now a days. He’s risking six figure gains because his advisors are telling him of the security risk because of the claiming process. Smh....I believe he will pull the trigger.
Go XRP!
Its coming brother....our XRP bags together with our XFLR bags will have has sitting oh so pretty.
Yes for exchanges but for those who keep their XRP on Hard Wallets like the Nano Ledger there was a claiming process.
Back to .77...chart shows it was over a $1. Lol, this is nuts. https://www.livecoinwatch.com/price/Spark-FLR
Dang! It was .77 now .70. Im very glad I went thru the claiming process.
Three pre traded shares at .8344? Looks like a signal between MM’s. Nobody buys just three shares...we could be moving north today.
Insightful post....appreciate it Tisdal as this ride is different from the last. Look forward to ZNOG getting back over a dollar.
$ZNOG
News is imminent....lets roll Zion, longs have been patiently waiting.
HODL XRP KUNFU GRIP! Mastercard to Use Ripple's XRP for its Blockchain Settlement - TCR
“MasterCard, leading global payment company has partnered with the blockchain software provider R3. As per the latest tweet by a Ripple enthusiast, MasterCard is towards its progress with a payment flow of 235 trillion dollars. A post shared by the Founder of North of South Capital LLP Matt Linsey that says the payment giant will use XRP for its blockchain settlement.”
https://www.thecoinrepublic.com/2020/04/19/mastercard-to-use-xrp/
After Flare (XFLR) goes live it would eventually be chosen over ETH in this scenario because the gas fees are absolutely outrageous:
Bank of France Says Ethereum (ETH) and Ripple (XRP) Could Power Central Bank Digital Currencies | The Daily Hodl
https://dailyhodl.com/2020/04/02/bank-of-france-says-ethereum-eth-and-ripple-xrp-could-power-central-bank-digital-currencies/