Ripple (XRPUSD)

[GreedyAgorist]

To clarify CredEarn rate for XRP was down to 3%, but went back up to 6% for tomorrow's loan strike. You get that percentage if you also hold 10K of their LBA coin, which was cheap last time I looked, less than 3 cents. I goofed when I bought my LBA a few months back and ended up getting more than 10K, so I am loaning my extra out every two weeks, laddering just in case it also goes up in value; back to 6 cents, and I will lump the remaining in one loan.

MS has been my guru for getting paid while holding XRP long term with CredEarn (bought through Uphold). My first interest payment is tomorrow. Paid in USD. Goodie, looks like I can get more XRP cheap here in the low 30's.

Reminder: based on last quarterly report, XRP staying out of escrow for Q2 was 900 million (out of a possible 3 billion), up from 700 million in Q1. We handled the increase...kinda...barely. Each month, the potential impact will be fractionally less, but as of now, since less than half of the total 100 billion XRP is in circulation, those drops in the bucket still create large enough ripples (so to speak) to provide for plenty of angst. I hear the FUD, but proceed knowing some is reality and as much of it is perception and emotion, but then markets are not robots.