Ripple (XRPUSD): With everything down, I am only loaning...

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GreedyAgorist

Re: MindlessSelf post# 7352

Sunday, 07/14/2019 9:54:34 PM

Sunday, July 14, 2019 9:54:34 PM

With everything down, I am only loaning USD tomorrow morning with CredEarn while the 2G2BT 10% lasts. I did not convert any more of my dollars held with Uphold into XRP, BCH, or even LBA despite these bargain prices as it looks like July 15 is the last day for the generous 10% on USD. Next week we will know the new interest rates.

We should also soon find out how much of the XRP from escrow actually stayed in circulation last quarter. Indeed it might be good to know when exactly that report drops. Compare that to the 700 million (out of a possible 3 billion*) in the first quarter.

*That is 23 1/3 % for those of you playing at home. So previous statements (by me) that the 55 escrow accounts will take closer to 100 months than 50 months to exhaust at the rate we are going were actually conservative. At the current pace, it will take over 200 months to release the remaining 51 billion XRP. Although many think that pace will pick up.

My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.