Working on the big PENSKE project
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I bought my lunc at uphold. That is why I am sharing link
You can place limit orders on crypto at uphold. If you use this referral we both get $20 in BTC.
Hi, I'd like to invite you to use Uphold. Create your account and try out one of the easiest and most cost-effective trading experiences.
https://wallet.uphold.com/signup?referral=6b0878b97b
Is it all exchanges or only certain ones? For instance, binance said it would participate. I bought my on Uphold though. Don’t know if they declared they would burn 1.2%.
I’m not sure whether to attempt to day trade this or just buy and hold.
9/13 is the date being flown around the web whether that is actual start date or not for burn. My belief is that this will keep heading north but we will see a massive pullback on 9/12. I bet there are a lot of day traders here that are in on the volatility and will be gone before the news hits. There is no motion attached and only concern is secure profit.
I could be way off base but I’m tempted to sell prior to 9/13 and let the pull back happen and buy back in at better position. If I am wrong, I will have secured my profit, but my ticket for the win
The first few days of supply burn will be epic at these prices. But remember as price goes up, less and less coins get purchased and less and less get burned.
So you can’t lock in one day and assume that burn amount will continue. It will reduce dramatically as price rises.
Now if we bounce up and down at these levels multiple times than we could see a lot burned in short period of time.
We will see. Certainly worth the risk
Woth this momentum and excitement, it is possible we see 0.01 by end of year. That is the stretch goal that is realistic.
The burn tax that is upcoming is helping lunc move up as the rest of crypto is flat or down. But if crypto as a whole and especially btc start spiking back up on good news at a macro level, all other coins will move up with it. A positive btc move up could help carry the rest of the way to 0.01 even if no further developments this year
Is that the date the burn tax gets implemented on binance ?
I would like to see a 0 chopped off with the burning being implemented
It’s also a community that is now split into half. Luna and Lina classic. You can probably put the pomp pomp’s downs for a little until next rally
Once binance declares it has implemented the burn tax we will get another pop. Then we need to see how effective staking and burning are with clearing up the 7 trillion supply disaster. Once that improves, someone has to build something. Until the , I guess enjoy all the cheap coins
I just bought a little bit now too. Pull backs are healthy. In this for the long term.
I get real utility doesn’t drive tbe market right now. I agree this whole Luna luna classic should be merged back together. All they did was separate the community by doing this.
I invest mostly in real utility like xrp but I have watched too many millionaires being made on these types of shib coins so I am going to take a small stake here after I saw what it once was and just how far it had fallen. I am willing to throw the dice and see if they can rebuild this back up.
Best case scenario and I mean best, is a penny by end of year. I expect to see massive pull backs and profit takers on runs like today.
Staking and burning are great. But there has to be some other massive catalyst to get this over a penny. I get shrinking the supply is vital and is productions some of this short term burst, but what else can drive luna classic? How much building is being done here and how much has left for the new luna chain that was airdropped.
I am here for the scratch off lottery chance, but I planted my seed and will move on and check back in a few years.
My thought is most crypto moves in tandem. (This one has been acting as an outlier recently I will admit). But I am hoping when all crypto rebounds and starts it’s next massive bull run, they will all go up. Some go up more than others. I believe this will Have larger % gains than btc and eth once those take off
However crypto has more hurdles to overcome. Congress is hurting this space. And tether may collapse similar to Luna and will devastate this space much worse. So many cryptos are traded and linked to tether and we have to brace for impact. Those things can slow price movement here
The day traders are making all the money. We will be left holding the bag.
I took a small position and am content holding for years in case we do make it to 0.10 some day.
Where can we stake?
I don’t even know. My bandwidth is all xrp but when I saw a 0.0001 luna, and it used to trade at $100 I had to pick up a bag just in case.
There had to be a lot of developers that were once on here so there may still be hope here. But they have to clean up the supply and find a solid use case ( besides staking). I can hodl if they ever can turn this around to Pennys or dimes or if they really could take the supply away, $1
Staking will be returned starting tomorrow. And 1.2% tax burn almost starting
I’m not sure if you used my referral link or not, but if you did and you spent $100, we should each get $20 in BTC at some point.
If not it’s ok. I have been referring uphold free for years because I do utilize their service for buying crypto.
Most cryptos move together but some more than others. I put a stake in luna classic because when all crypto rebounds, the % gain may be larger here.
I have a small stake in luna classic because of opportunity but not getting the farm. Staking Luna classic is resuming tomorrow. That will help with reducing supply. Also tbey still have to implement the 1.2% Bùrn tax.
I am primarily with uphold because they are very limited exchanges in US that still sell xrp. That crypto I am all in on.
Yes you can buy it directly with USD from your credit card or checking account on uphold. I have been using them for years.
https://uphold.com/signup?referral=6b0878b97b
Yea I am glad they at least allowed for a grandfather clause for the time being. I was even able to buy some Nexo to change my tier before they shut that off.
Now they are building and have completed on ramps in the us for direct purchase right on their exchange with credit card as opposed to wires, however when they did that they removed Nexo coin for us and xrp is of course not an option.
So what I have been begging for came true, but then they took off the desired assets rendering it useless to me still
Just saying where I was able to get it from. I’m sure there are other places
Uphold. And you can transfer it after purchase too
I’m lurking too. It’s just been too d@mn long. I’m still all in and heavily invested but I won’t even pretend to know what is going on with xrp anymore. SeeMs one group thinks this is amazing tech and revolutionary. Another camp said it is illegal and should be shut down. And the rest of the world doesn’t even know it exists.
One of the ex Ripple employees said it best. Either they will make a dent in the universe of how we move payments around the world. Or we will fade away into nothing.
You not only took one crazy pill. You swallowed the whole d@mn bottle. How are those peace treaties with the aliens up on Mars? I have my fingers crossed for some day seeing a $20 xrp
Todays rumor is that each xrp is backed by 10 pound diamonds. Each xrp would then be worth 10 million dollars. And our government decided that they want to buy them all back for us. They will destroy the economy for the entire nation hand all the wealth over to xrp holders. I know this is true because someone on Twitter said it!!!!
You be smoking peace pipes hahahahahahahaha.
Sorry but I see 0 evidence of any of that happening. Don’t buy a gold back xrp forced buyback. And I’m pretty sore Ripple doesn’t buy into that conspiracy either
Nut jobs. No offense. There is a made up scenario where EVERYTHING run on xrpL. And they come up with those astronomical numbers. But reality is people on a globe don’t work like that. Everyone has different tech and different beliefs and the whole world isn’t going to magically unite and pick Ripple and xrp. Pure fantasy. Some day we may see 3 digit xrp maybe 4 or 5 digits 20 years down the road if this really is successful and a ton of uses cases get adopted on xrpl. Maybe a large chunk of xrp gets lost forever and increases demand more.
But RippleX was created to find all kinds of new use cases. So to say we were never supposed to have it, is a hard pill to swallow. And the countries don’t have that kind of money and would never hand it over to a few small individuals. They would take it back by force and tax it out of our hands.
Jed is finally done selling. 9 billion xrp over several years. Not sure just what kind of impact that has on price suppression. Some would argue sales were dispersed based on an algo so it wouldn’t disrupt the market. But the fact is, I heard something like 4 billion were sold from 2020 to yesterday.
One less thing for the haters to talk about. That chapter is over. We are moving on to better times.
You may want to investigate the uphold sgb distribution. I received sgb on uphold. I can’t speak for everyone. I was able to move the sgb to Bifrost wallet after where it could be staked
Can we stake our flare on the Bifrost wallet similar to sgb?
A lot of debate on. Whether he had any impact on price but I heard statistic that from 2020 to today he sold 4 billion xrp. It will be nice when it’s done so we can put that saga behind us
One more day for Jeds Taco Stand Wallet?
Another 4.215m gone today
5.3m left.
I don’t understand why he was never looped into this lawsuit. He created the d@mn coin and original founder of company. He sold something like 4 billion xrp in 2020 to present day. All while sec brad and Chris are being sued
Things heating up a little. Also Jed mcaleb will have sold all his xrp by this Saturday at this current pace. One more thing we never have to hear about
If xrp does not even get phased by that news it is just further evidence that xrp is not reliant on Ripple. Ripple in sec lawsuit is having less impact than what btc is trading today. Sec has no case
#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: MAGISTRATE JUDGE NETBURN DENIES THE SEC'S ATTORNEY-CLIENT PRIVILEGE CLAIMS. "THE PREDOMINANT PURPOSE OF THE COMMUNICATIONS WAS NOT TO PROVIDE LEGAL ADVICE. THE DOCUMENTS MUST BE PRODUCED
I just hope that link doesn’t farm our passcodes. Mine is too but there is no telling when they could strike