Jump to content

All Activity

This stream auto-updates     

  1. Past hour
  2. I am not someone who buys into the hype, normally. But there was something about his persistence about the MoneyGram deal that had me thinking he actually knew something and I voiced this to my small crew of fellow XRP nerds. And it turned out he did know something. I don't think he's an insider. I tend to think that if he does have a source, it's something like one of the paralegals for one of the M&A firms Ripple works with has a RAT installed on their computer unbeknown to them and then Crypthawk has access to the Russian hacker controlling it. Which could explain why information seems to be imperfect; like there's a language barrier... anyway... I don't try to put too much into this, and I am in a longterm HODL and not accumulating anymore so for me this sort of speculation is like the mental appeal of buying a lottery ticket. It's fun to fantasize the days leading up to the drawing. I think the chances are better than hitting the lottery, of course, but I don't mentally invest much more than I would with the lottery just so I don't get too let down and I would advise the same of others. Anyway... enough about how totally mentally healthy and well adjusted I am... the hooker's corpse in my trunk would probably disagree if he/she could. In light of what he's hinting at with "back to school," the first thing that comes to mind - to me - is WalMart. There's already the MoneyGram and WalMart connection. The subsequent tweet containing "prime" obviously is an Amazon reference. I don't have any great theory here, myself... but... with regard to these three companies: I remember thinking it was odd about 6 months ago when the Fed issued the public RFI on solutions for RTGS - which seemed like it was literally written for the purpose of Ripple/ILP - and reading through the public responses... the three major companies I can recall as responding were Amazon, WalMart and Ripple. I just remember thinking that was a unique grouping given the context. Do with that what you will with that... it's pretty unadulterated hopium and while I condone an IV injection of it straight into your carotid, still don't bet with more than you can afford to lose.
  3. Okay, back to business so the TA lovers won't put us on ignore. Right now BTC might be ready to cool off. Looks pretty overbought by the looks of it. Hard to say if if sells off or if it just consolidates again. Hopefully the latter. In a bull market, surprises do happen to the upside. My best case scenario is that BTC consolidates for a week and the alts like LTC, EOS, and others have time to pump and catch up.
  4. https://www.fxstreet.com/cryptocurrencies/news/latin-american-banks-testing-out-ripples-xcurrent-201906250153 Banesco Panamá is taking a look at Ripple’s XRP to move money around the world. The VP Digital Bank at Scotiabank Chile believes more work needs to be done to integrate Ripple’s tech fully. Latin American banks Banesco Panamá and Scotiabank Chile are both testing out Ripple’s xCurrent to move capital. According to a report by financial newsagency iupana, Banesco Panamá is working closely with regulators to ensure that their actions are fully compliant. “Banesco is aiming to roll out the technology between the banks in its group – covering the Dominican Republic, Panama, Portugal, Puerto Rico, Spain and Venezuela… Banesco’s proof of concept used the xCurrent network for the funds transfer, seeing use of Ripple’s cryptocurrency XRP as being a step further than it is comfortable with. Once integrated into the Ripple network, Banesco aims to offer blockchain-based transfers only between banks in the group initially. That’s because Banesco needs to strike a deal on rates and exchange rates bilaterally with each recipient bank.” Daniel Kennedy, the Vice President Digital bank at Scotiabank Chile, stated that xCurrent “works really well” and Peru is a potential place where customers could send funds. He, however, admitted that more work needed to be done before Ripple’s tech could be integrated fully: “As soon as you do that, the process becomes a lot more efficient, a lot more effective. And you can start having almost one account. If you’ve got a small business in Chile with clients in Lima, they can deposit into an account that has the same number and it just gets transferred. But we’re not there yet.”
  5. No doubt Amazon is going to make a move into blockchain and crypto and I am sure this FB move has added fuel to their fire. I mean this whole libra thing could be a potential threat to AMZ business model also if vendors start flocking to sell their products on FB and not Amazon. Again I'm not going to speculate but one thing that was said and it is spot on the announcement of Libra has stepped up the game a 100 fold in the space and now it's time to put rubber to the road!!! The business savvy behind AMZ I do see them leveraging and existing technology as opposed to developing their own something that offers the potential of low overhead and high return with the possibility to easily co brand and a team with a superior understanding of the tech for support and growth. We saw a MG Ripple partnership an AMZ Ripple partnership would not catch me off guard at this point. It would cause a jaw and nut dropping effect simultaneously but off guard "Meh!" Lets not forget all the references to AMZ that various Ripple employees have made when giving closed and public speeches. For some reason AMZ is heavy on the brain I would say coincidence if it only happened once but it has occurred multiple times with different Ripple people so somewhere there is some group discussion about AMZ going on in Ripple and I seriously doubt it's about when the next Amazon Prime Day will begin
  6. Hehe, thanks. I hope you got out of your short in time, by the way. It's Archa beer, cheapest and best - but for some reason not available in any restaurants here. Been drinking it for 10 years, around 7 big bottles per day (in my office, not big on going to bars). Strange how no shops have it when i move to a new place - a week later all the local shops carry it
  7. Beer chang mai peng!!! Lets hope your biz takes off in tandem with XRP.
  8. I have invested all my free cash in XRP because I fear the consequences of Brexit on my company and I have a big debt on a project that went wrong some years ago, so my business could fail if we have a no deal scenario. I am worth a million plus and in my mid sixties. XRP offers me an opportunity to use free money to straighten out debts and retire and I think the strategy is going to work! At 5 dollars my debts are gone at 10 dollars I could retire. I think that will happen within one or two years and I confidently expect to see XRP in the 50s or hundreds in my lifetime.
  9. There has to be a methodical approach to selling (in nascent markets) to maximize returns while maintaining adequate long-term exposure. Of course, "adequate" and "goals" are the variables that will vary; but I have a hard time believing there isn't a tried and true approach/algo that has been uncovered that maximizes the returns for you, given your overall short term and long term goals. If "Joe" has 25k xrp. And he know he wants to hold 5k until 2030, and he wants to sell enough to make $200k - $500k in the short term (during the next run), and hold the remainder of his stash until price is over $50-$100. I'd like to think mathematics and historical market data would help him greatly with this approach, if he had the appropriate information to work with.
  10. Today
  11. We are on the same page, my friend, although I was just kidding above. At my age, it is completely reality based to assume that my partner might outlive me by a decade or more, based on the actuarial stats. This is precisely why I continue to try to make smart investments at an age when many of my friends are enjoying an early retirement. And although all my children are adults and all four have masters degrees, I do think about how I might leave a small legacy to make their lives better. But if XRP moons, I probably WILL p*ss away a modest sum on some things that are NOT essentials. LOL.
  12. Am I the only person here who hates Amazon? That being the case, should Amazon help XRP get to $589 I reserve the right to change my mind.
  13. He is hinting at some kind of Amazon partnership in his latest tweet with the "prime" comment. Who knows, exciting times. Don't invest more than you can afford to lose. The rumour mill can easily end up hitting you in the face.
  14. My company has struggled for a few years (which is why we have a lot of debt and my stack is pathetic), but my company is finally in a position where things are looking amazing. Came here without much, determined to make their lives better. I'd sell my whole liver if it would secure my family, happy to sacrifice myself to secure their future. All I need is my daily beers and things moving in the right direction. I've always been working to achieve my end game - my family being OK if I'm not in the picture.
  15. Don't neglect your own physical needs or the well-being of your family. Just sell a kidney.
  16. I'll sell 25% when that's enough to pay off our debts (which is quite a bit). I don't have a strategy beyond that, happy to rent a house while waiting years for further gains, as my income can easily cover the payments right now while renting a pretty decent house where I live. My stack is pretty pathetic, though, so I'm long with a margin expecting further gains. Edit: A 500 dollar per month drinking habit and a wife who loves the illicit lottery where I live, so lots of ways to reduce out spendings if we have to
  17. There used to be this guy I kinda knew who traded pot stocks, who went by the handle Rainman..... and he had a long list of trading rules, all of which made great sense. But the best one of all, and the one I'll always remember is...."when in doubt, buy/sell half". I think about that rule every day, even when I'm not trading.
  18. I'll let the speculators and Moon Residents do what they do best. I'm going to continue doing what I do "Increase my position in XRP!!"
  19. I agree. It's not like a stupid price prediction. He nailed the company we were about to do a deal with. Granted he thought we were buying them, but I can see how he was told that since we did buy a piece of them with an option to put more in. I mean, there's a ton of companies he could've speculated on if he were guessing. MG being the one is just too far fetched to be a guess -- their stock was plummeting. If he was an Alex Cobb hype moonboy he would've picked a lot of other places to try to fake us out or said some insider told him that it will be $300/XRP in 6 months or some nonsense. This guy has more credibility to me than anyone in the rumor mill right now.
  20. This is the true million-dollar question, right here. If/when we shoot past the ATH and into new territory, every one of us will have to grapple with our own psychology and human nature to determine what the right time to sell (if at all) will be. It's ironic that after months and years of waiting, the true moment of highest risk is the only moment when we ourselves can make a choice. As @dr_ed correctly pointed out, you don't want to be in a position where you're asking yourself these questions in the middle of a parabolic run, so think about it now. Otherwise you'll regret it. Greed and fear WILL take the wheel. My own personal rule of thumb is that, when the time comes, if the trade is executed correctly, it will feel s**tty at that moment in time. Would love to hear some other rules of thumb people will use when determining their selling strategy.
  21. I agree, he wasn't right about the purchase but he was in the ball park for sure when most have been outside the stadium, and what he knew was not a lucky guess by any fashion. You don't call when a company is going to buy an interest in another and water it down by saying it's purchasing the entire entity to disguise what you know. "He's getting insider information from somewhere or maybe he is an insider. I'm not a big proponent of luck I believe in "Situations, timing, and opportunity" His statement here is to vague to put any speculation behind it for me Maybe Ripple plans on gifting tons of XRP towards education who knows but based on his accuracy I would say something is up and being that he is being more cryptic with this one as opposed to the MG stuff. I think whatever it is it's going to be huge but huge for what price? Who Knows
  22. Anybody else having issues with the like button today? First it lets me like and then it don't....and then I try again and it works the next time. Must be a" like" liquidity problem somewhere.
  23. But it doesn't exclude it, especially if A is using Cs system through B already.
  1. Load more activity
  • New XRP Topics

  • Clubs

  • Popular Contributors

  • Forum Statistics

    • Total Topics
    • Total Posts
  • Upcoming Events

  • Create New...