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I am seeing tweets that binanceUS is NOT distributing SGB!!!
That is expert discovery. That means case won’t end until sometime between March or may of 2022.
A settlement can happen anytime, but I think the outcome is so important no side is backing down.
Crypto is having an explosive year. And it continues to go up. Xrp is being artificially suppressed from true potential but it can sri continue upwards while case goes on because xrp also moves with industry not just Ripple. We could see a $2 or $4 xrp still tbis year.
However if we never had this sec lawsuit we would already be at $4 to $10 today
Expert discovery extended to mid January. Judge granted sec motion. :(
This was $3+ in 2018 after btc hit 20k. We are being artificially suppressed by sec.
We should have been $5 to $10 leading into btc all time high
What happening to tbe coupling with btc and xrp. Btc has headed towards it’s all time high and xrp not moving at all.
Now last bull cycle I know btc had its run and xrp had its weeks later. Last to run but pumps tbe hardest. Wishful thinking that that may be happening.
Keep this in mind when someone tells you supply and says it’s impossible to have $100 xrp.
Market cap is simply last trade price times circulating supply. It does not mean that every coin can suddenly be sold for $150. If everyone started to sell, the price would fall very fast. If people are hodling and supply is limited, price can go higher.
Wait you did t know xrp will be $150 in 2022?!?! Just saw a chart for that.
In some way I can see how that can happen with central bank adoption institutional investment and if there is a massive purge of crypto and xrp is one of the proven winners. But that is a 10yr ambition from where we are even today. A lot of stars would have to align.
The pumping social media keep thinking it is happening in a month or a year.
Bitcoin just touched 60k when I was sleeping. Everyone believes it is heading towards all time high. When that happens the alts go up too. I don’t think it’s coin specific. The overall feeling on social Media is this entire space is about to set its new all time highs.
I hear that these crypto bull cycles are every 4 years. We are coming up on the anniversary in December
I won’t get ahead of myself because I have been saying this since 2018, and we are sitting at $1. However this could be a trickle trickle flood scenario. We have stayed down for sooook long that they dam could break and we finally see it’s true value in an instant
We get a victory with the sec, we get exchanges relisting, we get green light on institutional investment, we have the Ripple IPO, and we some big central bank announcement. Yeah we will be at $10 to $20. Just got to hodl through the mess and then we are FLYING!
Normally I would think everything you said is a whacky conspiracy theory, but having gone through all this myself, I too now see just how corrupted it is.
The sec literally took my financial freedom away and told me they are doing it to protect me. And they are trying to emlinate Ripple and tell me I hold a security and should not be able to sell any of it. They have destroyed my future. All while ZERO fraud has taken place. What a waste they are. Gary is even worse than Jay Clayton.
I’m hearing now that the sec employees have a union and are starting to get upset with him. Saying that he is working them too hard and using them just to become the next treasury. He has his own personal agenda and not the people in mind. I hope justice prevails.
Part of me agrees but I am not really following their process. Has uphold even provided an update on their lawsuit?
Well that was fun. Now I guess see you in November?!
Let’s wake up to a $2 xrp tomorrow
I hear ya. All we are doing is making up most ground. We need $4
You took it off ?!?! Are you planning on selling or just no longer interested?
Someone sent me a private message on Twitter that they were going to start a class action lawsuit against uphold and their involvement with Cred. I don’t know this person and I don’t have a loss to declare, but if you are interested. They said this:
“I am in California and lost 45k myself. I am working with a law firm in New York to go after Uphold in a class action lawsuit for shilling this scam. If the person you know deposited through Uphold, please have them email my lawyer at canderson@gslawny.com and cc me at addison@cerebrum.us.com. She wants to hear their story
It is historical. You either had to declare your xrp manually if you held in your own wallet, or have your xrp on a participating exchange at the time of snapshot. I don’t have exact date, but it was December of 2020.
Noobe can participate after the fact. Just had to be there at the right place at the right time. Free crypto is always nice, but don’t lose site of the real prize. Xrp is why we are all here. Get as much of that as you can now and hodl long term. True financial freedom will come with xrp with or without this flr and sgb token.
The exchanges are handling the distribution. No action is required on your part other than to have your xrp on the snapshot. We are all in same boat. We are waiting.
You are good! No one has FLR. Only Bitrue allowed trading of IOUs to residents outside the US.
It is all based on where you held your xrp on snapshot in December if 2020. Wherever it was back then, is where ALL airdrops will or will not be. You can’t move around to different exchanges and hope they will facilitate if your xrp was not there at the snapshot
Uphold just announced sgb support incoming. Come on Nexo!! Always the last to make the announcement
Uphold just announced support for $SGB!
Delighted to announce that Uphold will shortly introduce support for Songbird, the token of the Flare test network. Our customers will be able to withdraw Songbird Tokens to private, external wallets later this month. We expect to introduce full trading support shortly thereafter
— Uphold (@UpholdInc) October 5, 2021
I’m hearing some have received some and not all. So the payout ratio wasn’t even as expected.
I have my own crypto account on Nexo. So it’s all under my name, but there is a digital wallet for each currency type. I put all their funds into cardano yesterday and I hadn’t owned any before so it is easy just to say whatever is in there belongs to them and just have it split 50-50. They are 1 and 2 so I am not even sure if they can hold an account on Nexo legally.
I started with usd because 8% was better than any savings account. But it was a huge mistake. Cardano exploded and I am jumping on band wagon late for them. However, this still pays 5% and because they are so young, if cardano makes it and it sits in there for 15 years, it could be the greatest thing I ever did for them. Even if I never contributed to that wallet again and went down a more traditional path going forward.
Correction, staking at 5% apr. not 0.05%. Hahahahaba
I took my little ones savings account and put it all into cardano and staking it at 0.05% apr. I had it in a stable coin but I figure this could really turn into something 10 15 years down the line.
I have a big bag of xrp for the fam but I am hoping cardano is a nice parting gift for the kids when they go off to college
Yes. Those that declared their songbird in their personal cold storage wallets have theirs. Those that qualify that held on an exchange do NOT have their tokens. Most exchanges have not even commented that they will give it to the rightful owners.
Some have said they are looking into it but have a lot of building and testing they need to do on their side before they can distribute to holders.
Exchanges have tbe option to keep it for themselves, distribute to us, or burn it and no one gets it.
But my understanding is tbe distribution was done and exchanges have the songbird right now. What they will do it, we are at the mercy of their decision. But holders will get more and more pissed off if songbird keeps going up and we don’t have our tokens. It is not a good relationship, especially if they continue to fail and communicate
It’s very late but definitely not 1 year. Tbe snapshot was done December 2020 just to determine who would qualify.
Now I am completely lost in the whole process of FLR release, but when they last delayed it, it had to do with testing on the songbird environment. Now the songbird environment is in production and their tokens were released so not sure if this means FLR is any day now?
Chart guys are talking 2, 4, $10 $20 for xrp. They have been preaching it for months. They don’t even care about sec settlement or not. They keep saying the chart technicalities point to all time highs coming.
I don’t fully subscribe but always exciting to hear them talk and with so much confidence
According to the Celsius network, the song bird development could take months before they distribute to their xrp/flr holders. Not sure if this translates to the same for other exchanges.
If a stock announces a dividend, you need to own the shares on a certain date to qualify. You can’t buy in after and expect to earn the dividend.
Yes there will be those who buy in just for the free air drop. Just as some do to buy in jist for a dividend.
Nexo:
Call to the #Songbird community: Due to its novel approach, #SGB is still in its testing phase. Nexo is keeping close contact with the Flare team but we can only commit to the airdrop once we are sure the infrastructure needed to safely access, store, and send $SGB is in place.
In the meantime, we appreciate your patience and engagement and will keep you updated on the latest developments.
The snapshot is historical point in time. Xrp had to be on a participating exchange at time of snapshot. It can’t be moved to one after the fact.
That probably determines what Coinbase is getting and not the users. Without the tag I don’t see how xrp can determine the amount that belongs to you personally. Some videos I am finding are confirming that the xrp scan does not work for exchanges at the individual user level
Xrp scan does NOT work if snapshot was done on exchange. Tried and researched. It is purely trust that you’re exchange did it and will give you the correct amount. I am in same bought with Nexo right now
Are you entering a dash between address and tag?
How do you enter the address when there is a tag involved?
I thought $10 by end of year has been possible since 2018. No-one knows when