ðºÞæ
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Activity: 1176
Merit: 297
Bitcoin © Maximalist
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May 21, 2019, 06:05:10 PM |
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......
If you just sent from a to b what you need a xrp node for, its totally useless. Anyway not my problem, if you do run a node, highly recommended to seek proper legal advise. By see ya, i will have my time
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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Branko
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May 21, 2019, 06:48:46 PM |
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Depends mainly if the devs are going to load another bulk of their tokens to make more bucks for the company as usual. Issuances into uptrends can go unnoticed due to FOMO and other ongoing events while it's much more difficult to do the same during a sideways phase of the market. I'm sure they know about it.
Devs can't "load another bulk of their tokens", do more research about the topic before posting Nope, that's not true. The devs can load another bulk of their tokens because it's part of their concept. Last time, they did it only a few weeks ago: https://ambcrypto.com/ripple-releases-1-billion-xrp-from-escrow-wallet-as-new-month-dawns/Do more research about the shitcoin before investing. OK, so its not that you didn't do research, its just that you didn't understand what you found, lol LOL, please read it carefully. Here again for you: In its recent Q1 report, Ripple outlined that it sold approximately $169.42 million in XRP in Q1 of 2019, and that its sales accounted for 0.32 percent of the global XRP volume. https://ambcrypto.com/ripple-releases-1-billion-xrp-from-escrow-wallet-as-new-month-dawns/Thats peanuts...they could sell up to 1 billion per month? So? You keep saying that since 2015 at least...meanwhile, wise people did 5000X return on XRP and already HAD THEIR TIME, and will laugh at you even when (and if) you have your time, lol
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JollyGood
Legendary
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Activity: 2702
Merit: 1807
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May 21, 2019, 08:03:08 PM |
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Depends mainly if the devs are going to load another bulk of their tokens to make more bucks for the company as usual. Issuances into uptrends can go unnoticed due to FOMO and other ongoing events while it's much more difficult to do the same during a sideways phase of the market. I'm sure they know about it.
Devs can't "load another bulk of their tokens", do more research about the topic before posting Nope, that's not true. The devs can load another bulk of their tokens because it's part of their concept. Last time, they did it only a few weeks ago: https://ambcrypto.com/ripple-releases-1-billion-xrp-from-escrow-wallet-as-new-month-dawns/Do more research about the shitcoin before investing. OK, so its not that you didn't do research, its just that you didn't understand what you found, lol LOL, please read it carefully. Here again for you: In its recent Q1 report, Ripple outlined that it sold approximately $169.42 million in XRP in Q1 of 2019, and that its sales accounted for 0.32 percent of the global XRP volume. https://ambcrypto.com/ripple-releases-1-billion-xrp-from-escrow-wallet-as-new-month-dawns/Thing seem stable and very good for the future as far as XRP is concerned.
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RivAngE
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Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
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May 21, 2019, 08:53:29 PM |
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Depends mainly if the devs are going to load another bulk of their tokens to make more bucks for the company as usual. Issuances into uptrends can go unnoticed due to FOMO and other ongoing events while it's much more difficult to do the same during a sideways phase of the market. I'm sure they know about it.
Devs can't "load another bulk of their tokens", do more research about the topic before posting Nope, that's not true. The devs can load another bulk of their tokens because it's part of their concept. Last time, they did it only a few weeks ago: https://ambcrypto.com/ripple-releases-1-billion-xrp-from-escrow-wallet-as-new-month-dawns/Do more research about the shitcoin before investing. OK, so its not that you didn't do research, its just that you didn't understand what you found, lol LOL, please read it carefully. Here again for you: In its recent Q1 report, Ripple outlined that it sold approximately $169.42 million in XRP in Q1 of 2019, and that its sales accounted for 0.32 percent of the global XRP volume. https://ambcrypto.com/ripple-releases-1-billion-xrp-from-escrow-wallet-as-new-month-dawns/This is a smart contract and it's a monthly procedure we all (should) know about. Did you know that Bitcoin's monthly inflation is also 0.30% ? The difference is that, 1) XRP is given to the development company through a smart contract and then they use it to promote their software (which in the end will also benefit XRP holders). The XRP price is not directly affected because they don't exchange their coins in public exchanges but privately OTC. This could be viewed as a centralisation of the rewards, but at least their goals align with their investors. If XRP rise, both them and XRP holders will benefit. If it drops, they stand to lose a lot as well. 2) Bitcoin is distributing the new coins in a similar rate through mining. This might seem a decentralized reward system, but most of these coins are going to farms (therefore rich people are getting richer). Neither system is perfect, but personally I prefer Ripple's distribution system for the long term. I'm afraid of what will happen when the BTC block rewards get reduced so much that the big miners will stand to gain more by the using the equipment they own to attack the network rather than support it. At least there's no such fear in XRP.
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JollyGood
Legendary
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Activity: 2702
Merit: 1807
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May 21, 2019, 11:48:14 PM |
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This is a smart contract and it's a monthly procedure we all (should) know about.
Did you know that Bitcoin's monthly inflation is also 0.30% ? The difference is that, 1) XRP is given to the development company through a smart contract and then they use it to promote their software (which in the end will also benefit XRP holders). The XRP price is not directly affected because they don't exchange their coins in public exchanges but privately OTC. This could be viewed as a centralisation of the rewards, but at least their goals align with their investors. If XRP rise, both them and XRP holders will benefit. If it drops, they stand to lose a lot as well. 2) Bitcoin is distributing the new coins in a similar rate through mining. This might seem a decentralized reward system, but most of these coins are going to farms (therefore rich people are getting richer).
Neither system is perfect, but personally I prefer Ripple's distribution system for the long term. I'm afraid of what will happen when the BTC block rewards get reduced so much that the big miners will stand to gain more by the using the equipment they own to attack the network rather than support it. At least there's no such fear in XRP. Excellent post, very well thought out. As you mentioned, in reality the 51% attack is something Ripple network does not need to worry about. I do not compare XRP to BTC because XRP and Ripple network have actual functions which can be used in day to day fintech world where as Bitcoin does not. Bitcoin usage is increasing mostly as a base unit for all other crypto and in ecommerce checkouts as a method of payment and that is great thing because our community needs it.
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vsyc
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May 23, 2019, 01:14:04 AM |
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I love that this thread is still active! Even Bae evolved trough time. Nice to see you actively engaging in arguments instead of fartin 'ryppel premine' nonsense and other dumb stuff. Have a nice day guys, and don't forget to buy XRP I luv u 2
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Makkara
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May 24, 2019, 07:18:39 AM |
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it's quite interesting, Coil is starting to get traction perhaps? i haven't tried it myself as it looks i bit of a work to set up everything but maybe one of these days i'll put my hand on it
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CutePanda
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Activity: 658
Merit: 10
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May 24, 2019, 01:08:32 PM |
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I love that this thread is still active! Even Bae evolved trough time. Nice to see you actively engaging in arguments instead of fartin 'ryppel premine' nonsense and other dumb stuff. Have a nice day guys, and don't forget to buy XRP XRP is still floating around the $0.40 mark - an excellent investment. People should consider adding it to their portfolio in high quantities. Yeah XRP is still keep its position, 3rd place in the market. Although the price is still low comparing to January 2018, when the price reached around $3.2. But i think XRP still favorable in the market.
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bittraffic
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May 24, 2019, 01:16:33 PM |
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--snip
Yeah XRP is still keep its position, 3rd place in the market. Although the price is still low comparing to January 2018, when the price reached around $3.2. But i think XRP still favorable in the market.
Maintaining its place in the 3rd rank is one hell of a marketing, you gotta give credit to the people behind it for doing so. Price never goes up, don't shoot to the moon often but the market is alive. The coin isn't a profitable investment for small time traders but its good to send this coin to save from fees. There were no updates to the projects behind like the SWELL, ever heard new announcement?
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Makkara
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May 24, 2019, 03:25:49 PM |
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It's pretty cool indeed and quite safe by what im reading in there, definitely worth usong if there is enough liquidity When trading between assets, Switch will first send a very small amount of the source asset, the equivalent of $0.10, to the exchange party known as the connector. Then, the connector sends some amount of the destination asset. If the connector upholds its side of the bargain and the exchange rate it provides is decent, we repeat the process. And again. And again; many times per second.
This is the model of streaming micropayments: moving value bit-by-bit until the entire payment or trade is complete.
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dr.cheema
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May 25, 2019, 10:49:57 AM |
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I love that this thread is still active! Even Bae evolved trough time. Nice to see you actively engaging in arguments instead of fartin 'ryppel premine' nonsense and other dumb stuff. Have a nice day guys, and don't forget to buy XRP XRP is still floating around the $0.40 mark - an excellent investment. People should consider adding it to their portfolio in high quantities. XRP and other top cryptocurrencies prices not so high so we can still invest on XRP and other top crypto for better profit. In last mini bull run prices rose up but not enough hope so in coming months we will see again massive gain in XRP price, market will be green again. XRP and other top crypto's holding strong support level, market could follow uptrend again if any positive news publish on website.
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Hodor7777
Full Member
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Activity: 616
Merit: 112
It’s easy to confuse what is with what ought to be
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May 25, 2019, 01:24:02 PM |
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XRP News Update: May 25th, 2019
Blog Location: https://xrpcommunity.blog/xrp-news-update-may-25th-2019/ Time to read the latest XRP news heading into this weekend! I cover it all, including a major announcement by Kava: 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Pat Thelen elected to U.S. Faster Payments Council (FPC); and Brad Garlinghouse participates in a podcast by Kara Swisher. 𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Stefan Thomas participates in an AWS Loft panel discussion; and an AMA is planned with Stefan Thomas at the end of this month. 𝐊𝐚𝐯𝐚 𝐍𝐞𝐰𝐬: Kava announces their new service, 'Switch.' 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: XRP Arcade adds an infographics page; and PayWithXRP publishes a self-identifying list of businesses that accept XRP. I hope you enjoy the read! Thanks & Sincerely, -Hodor On Twitter: https://twitter.com/Hodor/status/1132271350528335873
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Bytem3
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May 25, 2019, 02:16:43 PM |
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Branko
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May 25, 2019, 03:26:58 PM |
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Then again, just a day before last small bull run, they predicted long time bearish trend and suggested we sell XRP, too
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RivAngE
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Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
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May 25, 2019, 09:19:25 PM |
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The technical analysis works when the market consists of professional traders who all run mostly the same formulas and view similar signals, so when a famous technical method shows bearish signals it causes a short-term price drop and people self-fulfill their analysis. This don't work as well in the chaotic cryptocurrency field which consists mostly by young people with minimal or even no investing experience. You'd do better to ignore any technical analysis outlook, both the ones showing $100 XRP / $500,000 BTC and the ones showing $0.01 XRP / $500 BTC.
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BitBustah
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May 25, 2019, 09:26:48 PM |
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The technical analysis works when the market consists of professional traders who all run mostly the same formulas and view similar signals, so when a famous technical method shows bearish signals it causes a short-term price drop and people self-fulfill their analysis. This don't work as well in the chaotic cryptocurrency field which consists mostly by young people with minimal or even no investing experience. You'd do better to ignore any technical analysis outlook, both the ones showing $100 XRP / $500,000 BTC and the ones showing $0.01 XRP / $500 BTC. And don't forget that the ripple "foundation" still holds the majority of xrp and they will just continually dump it on the market.
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RivAngE
Full Member
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Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
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May 25, 2019, 11:14:21 PM |
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The technical analysis works when the market consists of professional traders who all run mostly the same formulas and view similar signals, so when a famous technical method shows bearish signals it causes a short-term price drop and people self-fulfill their analysis. This don't work as well in the chaotic cryptocurrency field which consists mostly by young people with minimal or even no investing experience. You'd do better to ignore any technical analysis outlook, both the ones showing $100 XRP / $500,000 BTC and the ones showing $0.01 XRP / $500 BTC. And don't forget that the ripple "foundation" still holds the majority of xrp and they will just continually dump it on the market. Ah right, if you say so it must be true. I mean... there's no need for a source or proof! I tend to trust anything the random guys on internet are saying!
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