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  2. It’s political, Trump and the feds know if the economy will stay strong, the likelihood of his re-election significantly increases. So they will continue to cut rates as necessary, bond buybacks, fire up the printing presses, infrastructure bills, etc. This of course will make things hurt more down the road, and this is a partisan issue. Real estate bubble was the main driver last decade, can’t see anything that would devastate the economy short of a geopolitical conflict, i think public debt will one day but that is further down the road.
  3. https://www.businesswire.com/news/home/20191022005076/en/Craig-Phillips-Joins-Ripple-Board-Directors
  4. https://mobile.twitter.com/CraigPhillipsDC/status/1141079287438745603
  5. Another thing is the student loan debt that’s in the trillions. How are they going to pay that back ?
  6. The more important question is.. why is one Buttcoin still not valued at 370k plus?? Being so widely adopted and hey.. it’s supposed to be a store of value?! (Why actually.. lol)
  7. I'm going to smile so much more when the price catches up to where it should be. For now, I am thankful I can accumulate an incredible asset at such a discount!
  8. Are you an XRP holder? If the answer is yes, then just put on a happy face. If not, here is your chance to smile. https://coil.com/p/Panosmek/Invested-in-XRP-Put-On-A-Happy-Face/p8zydSfW8
  9. not a setup but its certainly coming, with or without the existence of ripple and xrp. IMO ripple and xrp have been the answer since the 2008 recession where we've seen a highly overbought market that is due for a violent correction... perhaps delaying a crisis until there is something ready to fix or prevent it...
  10. Ripple plays into market demand. That doesn't mean the crisis is a setup. Or do I misread your comment?
  11. it seems that way. Incoming liquidity crisis...well ripple offers "on demand liquidity, let's tap into that... Seems set up to me...
  12. I haven't seen that article but an interesting section that called my attention was "XRP loans". I find that interesting because if Ripple is loaning XRP to "replace" a nostro account. I wonder what the agreement of the loan is, in terms of payback, amount etc. I'm wondering because that is another incentive Ripple has for XRP to continue to appreciate because offering an XRP loan would be a bad idea if price of XRP was continuing to go down. It also would be bad for a company to use XRP as a nostro account if the value was going down. You'd have to continue to true the account up with more and more XRP to be able to handle your fiat conversion needs. Throwing this out there as another reason why the price of XRP going up is a win for everyone.
  13. ramping up that liquidityyyyy, cant wait to see the price chart look like that haha
  14. This is worth a read if you are interested in the liquidity. https://xrpcommunity.blog/corridors-easy-difficult/ The extraordinary thing about the above graph is that now is usually the low point of the monthly cycle, but somehow we are posting higher and higher values every day. One wonders if the values are going to go through the roof as the next payment cycle starts, or regress before starting.
  15. Today
  16. How confident are you a major correction won't happen prior to the election? Anything specific to support that? Why do you expect the next correction to be less impactful overall than 2008?
  17. Yup! Thai Baht and Japanese Yen both shown in the commercial.
  18. It's coming! Slowly but surely we'll break upwards. Meanwhile, we continue pushing ever higher with XRP/MXN liquidity so upwards progress is definitely being made on one front. Checking this thread in conjunction with the liquidity tracker has become something of a daily ritual - love having this thread to keep the emotions in check. I've also noticed on https://xrpcharts.ripple.com/#/xrp-markets that Bitso 24 hour, 3 day, and 7 day liquidity have been consistently rising, with the almost all payments being XRP/MXN.
  19. Shortly after the election in Nov 2020, I think the patches to the economy finally give, with a much needed correction unfortunately impacting the middle class the hardest. I don’t expect it to be as ruthless as 2008. We will get through it, but will have to confront the debt crises sooner than later. I don’t think it will be ignored as much as it is a decade from now.
  20. Maybe it is setup to solve this upcoming crisis. I mean why even change the name to ODL all the sudden? Do they even have the liquidity??
  21. Dear community, We are ready with most of the basic platform functionality. Before we start adding advanced features, we want to add some more #cryptocurrency #exchanges to our #comparison. Do you know any good ones that are currently missing @ ExchangeRates.Pro? Please let us know and we'll add those ASAP. Thanks! 🤙
  22. You might consider putting some of it in Tether or USDC.....I don't think XRP keeps running if BTC tanks. (not financial advice, lol.). But I'm doing the same thing you suggest, since I'm really overweight XRP already and sitting on almost no BTC. But cash is king if BTC plummets imho. I'm almost certainly taking more risk than I should. I'm still looking for the reversal too. I am aware that the chart is not that great in "death cross" terms. But so far we're just testing support on the one hour. Maybe it holds. Momentum has faded. Let's see which way it breaks now. I'd like to see the AO stay above the line.
  23. If you please https://exchangerates.pro/api/countries/ Actually some are territories rather than countries.
  24. I was just looking at this as well. Based on it I will be trading all my BTC (not much) for XRP till things shape up differently. I think XRP will have better short term gains then BTC. Famous last words.
  25. They're paying for the wedding party. The guy who snaps his fingers to set it all going has a name badge on.
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