Ripple (XRPUSD): Awesome news, but one question: only 1:1...

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GreedyAgorist

Re: MindlessSelf post# 18797

Wednesday, 09/02/2020 2:54:27 PM

Wednesday, September 02, 2020 2:54:27 PM

Awesome news, but one question: only 1:1? They are saying that, because that much is all they can say now, but, there should actually be a possibility of getting more than 1 for 1, depending on participation. That is what I have seen posted here and elsewhere. Not that the 30% of my XRP tied up with CredEarn will be distributed evenly among all of us participating. That other guy, the one who borrowed the XRP from CredEarn may or may not participate, depending on their situation.

Great, so I will hold my XRP with Uphold... probably. Unless I just move it to BiTrue anyway. Will depend on my level of laziness in a few months. I have checked all the CredEarn loans that will end before December and modified them so that they do not rollover into new loans. Then they (CredEarn and Uphold) will have to compete for my XRP holdings in the future.

PS to fuddy duddies: Don't bother pointing out that XRP is down. I have the Uphold app and get the notifications... "LINK is on the move!" ... "BAT is on the move!" ... "LTC is on the move!" In other words, we are all down. Get over it.* And the stock market is up and so is the volatility index. Go figure. Enjoy the ride!

*Having said that, I do hate when we fall below Tether. Yuck.

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.