Jump to content

Leaderboard

Popular Content

Showing content with the highest reputation on 03/02/2021 in all areas

  1. I'm feeling it today, the hopium is in my bones! The below is BTCUSD daily chart, it seems the next leg up is already ready without further retrace, look at the consecutive red days but at the same time the volume is decreasing. The dip brought us close to the 50 EMA (purple line), then gave us a good sized Bullish engulfing candle with higher volume compared to the past 4 red volume bars. Buckle up bois, next stop 65000 to 70000, then we'll complete the first major impulse of BTC according to Fibo, and most likely the next phase of bullrun will begin, which is the legendary alt
    9 points
  2. Looks like Bitcoin is again leveling out around the $49-50k level. Bollinger Bands are Tightening. Litecoin is catching up a little.
    5 points
  3. Hopium

    Charting the course of XRP

    I wonder when i will get my Bronze status? At 1000 points? (currently 907 points) Does my existing 10 warning points prevent me from getting the Bronze? Guys with Bronze/Siler/Gold, please educate me lol, i've been wondering how the ranking system works.
    5 points
  4. Hopium

    Charting the course of XRP

    Daily dose of hopium Look at dat payment volume
    5 points
  5. This implies that BTC has had 'real world success' which I think is debatable. It has seen price appreciation, sure. But so have many other cryptos. Is BTC actually solving any real world problems? It did in the early days, because it allowed people to send money anonymously (Silk Road) but now that function has been taken over by better privacy coins. 'Store of Value' and 'Digital Gold' are just slogans. Re: XRP, we could argue that every time ODL allowed someone to send a remittance more cheaply it was seeing 'real world success'. Again, as I've pointed out elsewhere, the fact that Gala
    5 points
  6. What this SEC experience has taught me is that you can stretch the Howey Test blanket around about anything. I invested money in Chevy when I bought a '69 Camero with the expectation it will increase in value though no effort of my own. My wife has a few high-end purses doing the same thing. Sadly, I've got a house full of losing securities too. What's a man to do with all these Chia Pets? To your question ... with history as a precedent, the only way to find out is to get some and then wait 10 years for the SEC to 'clarify' the matter. (sorry, feeling a bit cheeky today)
    4 points
  7. TLDR: 1. How is Flare different from Uniswap? Flare is its own blockchain, whereas Uniswap is a Decentralised Application built on Ethereum, using the Ethereum blockchain and Ethereum's security. 2. The Oracle of Uniswap is also decentralised like Flare. Yes, but the FTSO on Flare is built into the protocol, with its own blockchain. 3. Why is nobody talking about the terrible launch that Flare had? There has been no launch yet. 4. Why does everyone think Flare is a huge thing? Isn't it just a copy of Uniswap with some other features?
    4 points
  8. Does anyone ideally with a financial background have any clue as to how this works, technically/logictically? How is the hedging done? Is their futures trading set up like Bakkt and on an equally significant scale? (If so, that's good news!) https://www.theice.com/publicdocs/Bakkt_faq.pdf I watched her video twice but there's zero useful information, just a LOT of hype like "this is huge" & "just so big" type statements and then she just reads off the article from Google translate, which I had already read, but gleaned no new information compared to last year when we heard about
    4 points
  9. These are not the same doc. The post from @VanGoghis a good read - though a little dense. It does show that Gensler has thought about this problem for quite some time and there are going to be big changes in terms of regulation heading to crypto space. It's clear he views things like XRP as security offerings, but it also aware that they don't fall into the same category as the traditional securities and some new legislation is going to be needed and he doesn't want to cripple innovation and new business markets/models. I look forward to the next few months to see what comes out of the SEC reg
    3 points
  10. Ps. If it could do all the above, but does not have to consume the amount of energy of the country Denmark to do 6 transactions per second. Then who in his right mind would stick with it, unless that person has a lot of wealth to gain from it. People who have nothing to gain from BTC can have a more objective view of it than people who hold it and want to profit from it. So stop telling other people are biased while you're holding BTC. Having said that: Please go up again BTC, I need to make profits in alts!
    3 points
  11. I don't mind Jake sharing his views. It's the ridiculing of others that bothers me. People were terribly hurt by what the SEC did. It is unbelievable how the organization and its leaders handled this. If John Deaton wants to be a voice for those who were hurt by the SEC actions, then so be it, even if what they are doing is equivalent to throwing rocks at the moon - metaphorically speaking. What also bothers me is that Jake acts impartial, but is very centered to his views as a bitcoin maxi. Also - WHERE ARE ALL OF THOSE ACCOUNTS OF USERS WHO WERE HERE ACTIVE ON A DAILY
    3 points
  12. Dear friends, I have the feeling you all need a little Hopium again! What if history repeats itself? According to my calculations, XRP could reach a very high value. We rewind to 2018, XRP reaches its ATH at $3.93 on 04/01/2018. But the dollar value is not interesting for now. What is interesting is the value in Bitcoin. On 04.01.2018, XRP also reached its highest value in BTC at around 27,000 Satoshis. Currently, the value stands at pretty much exactly 900 Satoshis. Say, to reach its ATH in BTC XRP would have to rise by 30 times, which would currently mean a value of
    3 points
  13. 2140 is when the last bitcoin will be mined. More mining power does not really speed up the process as the difficulty is adjusted every two weeks. More mining just means it's harder to get a reward, they don't come faster (well not after the adjustment anyway)
    2 points
  14. Elon Musk will make sure that every tesla comes with a bit of mining equipment and BTC blockchain.
    2 points
  15. ...and, actually, I think they already have... Interesting development. https://www.cryptoninjas.net/2021/03/01/casinocoin-to-migrate-to-xrp-ledger-amidst-rebranding/ Or, go to the CasinoCoin website and watch their video ... https://casinocoin.org
    2 points
  16. This is actually a Forward Contract (which is close to a Futures contract) but it is not an Options contract. I heard of this test a little bit ago, and my first thought was that this is tying up loose ends for Ripples XRP Line of Credit offering. The "loose end" being tied up is Ripple's risk exposure between the time they lend out XRP, and the time they repurchase the XRP. I'm assuming they are using the methods I outlined in How xPool. Will update in a little bit with the Flow, and why. But basically when the XRP is sold to deliver fiat that can be done on an Exchange "open m
    2 points
  17. While I'm not going to buy the coin, I'm excited that someone is using the XRPL to issue currency. Ripple changed the preferred term from IOU to Issued Currency some time ago. CSC is a good example of something that's an issued currency in and of itself on the ledger. As far as I can tell it's not a coupon that can be redeemed for casino chips or something like that, like the IOUs from the old-school gateways. The CSC tokens on the XRPL are the actual asset and I think that's cool. I hope this catches on. If your coin is just a unit of value and doesn't need to be smart, issuing it on the
    2 points
  18. Thanks for the TLDR. I wasn't going to watch the video but I enjoyed the summary.
    2 points
  19. I'm with you. The only thing I picked up on is that XRP can be used as a hedge because it's price doesn't move like other assets. Generally speaking, I think Ripple is in the same position it was 5 years ago. It's got a good set of products and services, but it can't really utilize them on a large scale without legal clarity and regulatory compliance. Don't get me wrong, I think Ripple has done a ton of work over that time toward solving those problems and developing the relationships to be able to move forward once the environment allows it. Ripple is trying to put itself in the best position
    2 points
  20. I think it's just an experiment for now. https://translate.google.com/translate?sl=auto&tl=en&u=https://news.fxcoin.jp/news_detail/?id%3D93 Is this basically just futures trading? With an option to settle ("take delivery") in the underlying crypto-currency inc. XRP? Is it unique to XRP, or was XRP just used because, well, it was given away or encouraged by SBI, i.e. subsidized? Or is this a real, open market where XRP is bought on spot because it's actually cost-effective? Does sound like futures & options. I call upon @KarmaCoverage to explain or speculate!
    2 points
  21. Yes, PoW at initial stage is very vulnerable to all sorts of atacks, but at the same time everyone in the same boat to compete. There are no better alternatives and seems noone wants to solve or come up with any, as people ready to buy anything without asking. This is why start with adhominem was not good choice from you. @Seoulite wrote a loud statement with very basic example, which I disagree and question and it was him to put word "debatable" into the sentence. He/She like many others like to give out onto Bitcoin and they do it on very high level, that covers topics where they are
    2 points
  22. Oh dear... Ofcourse I won't block you. You are way too much fun to do that. It's just that every single point that you accuse other people of are a mere reflection of yourself and your own actions. How am I putting words in your mouth? You call people biased when they don't agree with your bias. Everybody is biased is the point I try to make. Someone holding BTC is more biased towards BTC than people not holding it because they want to profit from it. Pure logic right? I'll make it simple: If there was a way to do all the things BTC does but with a lot less power consumption, wou
    2 points
  23. it happens every month or two, https://xrpscan.com/tx/1416E5B4CFC4D029A6FFD091CA8E5189F118E2AD80EA5D62E5106DE63550ABE0 627 million refill yesterday, should keep him going for a few weeks more ...
    2 points
  24. It is your bias against his bias, against all of our biases. You truly think you are the only one who is not biased and the rest of the world is the idiot? There is a name for that. Banker coin was a BTC maxi's name for XRP, not a slogan. Funny you think that was an intended name, must be the bias.
    2 points
  25. Nope, you can do it today, on the XRPL, natively
    2 points
  26. Matt works for Ripple. I'm going to wager he knows what he is talking about.
    2 points
  27. On Flare. It really is complicated and hard to understand. That's because it doesn't exist yet. It's an abstract white paper that's lacking in a lot of the details. We will find out more as we get closer to launch. It will have easy to use interfaces (at least for people used to crypto, it won't be easy for normies) that will cover up how the sausage is made. Will it be an ETH killer? I don't know, but probably not. Ripple was designed to be a better Bitcoin, but has yet to live up to that promise. It is a better Bitcoin (faster, cheaper, multi-currency, etc.), but being technically bette
    2 points
  28. so gross... these twitter lawyers.... thank god xrp is no longer a threat (for now) but they seem to have a huge problem with ADA and BSC.... pathetic I'm convinced both of these guys come here for headlines and more than likely are members... at any rate.... ETH maxis disguised as BTC maxis.... not financial advice
    2 points
  29. SEC lawyer: Yes your honor, governments in other countries may say it's not a security, other branches of the US government may say it's not a security, when retail traders and institutions asked us we may have told them it wasn't a security, and we may have approved its use as a payment method as recently as two years ago, but we are here today to argue that XRP is a security. Corrupt US judge: Makes sense. XRP is a shitcoin. Buy BTC.
    2 points
  30. Your FAQ on the airdrop was great. I used it to claim for like a dozen wallets. I went looking for other Ripple groups. It's amazing how uneducated the typical crypto speculator is. They pick their coin for whatever reason, and then they learn just enough to be able to rationalize their decision. But they have no understanding of what it is they've bought into. It's crazy when you think about how volatile crypto is, or even how easy it is to send your money to the wrong address and never see it again. This place is a nice little backwater of the internet with a good amount of thought
    1 point
  31. Wouldn't touch this with a 10ft barge pole.
    1 point
  32. I mean all it looks like to me, is that there's an FX specialist creating a futures market for XRP in Japan. But you'd only need to hedge it if you hold it for any meaningful period of time. But why would anyone want to hold XRP, honestly?! As a business it'd be totally irresponsible – only a few brave entities have started doing it with bitcoin (which has had futures/options now for a while, which helps). Unless XRP risk is heavily mitigated. But again, why bother holding it at all if you can just buy/sell on-demand, which surely was the whole point of XRP to begin with?! (Think: ODL.)
    1 point
  33. Yes. That is absolutely a problem I dislike with every asset. Ripple holding so much is a problem. But even in proof of work there is this problem. As the people who were early (including Satoshi's 1mln) will always have the most. PoW does not solve it by sharing the last few of BTC's with a Chinese mining pool while 95% of the allready mined BTC is in hands of only a few people. That exact problem exists everywhere there is value or power unfortunately and is were Satoshi's wish/vision failed because of human greed. This is not education. Your portfolio has nothing to do with
    1 point
  34. This is his opening statement for the SEC nomination hearing, 2nd March 2021: GARY GENSLER NOMINATION HEARING SENATE COMMITTEE ON BANKING, HOUSING AND URBAN AFFAIRS Thanks to John E Deaton's site, Crypto-Law
    1 point
  35. Hello adhominem boy! Welcome back! I see you still like to put words into people mouths, once I already educated you and show on how silly your groundless statements are, but you never learn. I guess best way for yourself will be to block me with some astounding last message and silly gify! You absolutely delusional and not following discussion, a random, disgusting, irrational, bot alike throwaway message. You beg BTC? Wow
    1 point
  36. https://heraldsheets.com/moneygram-sued-for-issuing-misleading-statements-about-xrp/
    1 point
  37. Excellent post. Thanks for doing it. I must admit though, that after years of trying to correct misunderstandings and fight fud when it’s clearly fud, I’ve ultimately come to the conclusion that it’s a pointless exercise. Its like trying to hold back the tide. It comes from so many directions that it can’t be fixed or stopped. I applaud efforts to make things understandable, but unfortunately the firehose of the internet seems to make even that a lost cause. Everything gets buried under newer posts. At various times I’ve written faqs that ultimately turn out to
    1 point
  38. Fair enough. I don't expect full-scale usage right out of the gates, but they have to start somewhere.
    1 point
  39. Please examine "Item 8.01 Other Events." In the SEC filing between MG & Ripple. The SEC approved this!!! Actually the use of XRapid as it was called then is mentioned 5 times in this document. SEC Filing | MoneyGram International, Inc.https://ir.moneygram.com/node/20381/html
    1 point
  40. I'm thinking May before we really pop. What do you all think?
    1 point
  41. Taeknizon, a private cloud service provider in the Middle East and Asia, was selected by LuLu International Exchange, a top three financial services provider in the UAE, to transform its operations and migrate critical IT infrastructure and applications to the cloud. LuLu International Exchange is using Taeknizon’s Taekni Cloud services to accelerate infrastructure consolidation and cost optimization in a multi-cloud environment. Using RippleNet Cloud, LuLu Exchange can send and receive payments between financial institutions on RippleNet with one easy integration to process c
    1 point
  42. Gary Gensler from 2018 House of Representatives Hearing. (Credit to @learnbioscience) https://www.govinfo.gov/content/pkg/CHRG-115hhrg30893/html/CHRG-115hhrg30893.htm STATEMENT OF HON. GARY GENSLER, SENIOR LECTURER, SLOAN SCHOOL OF MANAGEMENT, MASSACHUSETTS INSTITUTE OF TECHNOLOGY; SENIOR ADVISOR TO THE DIRECTOR, MIT MEDIA LAB, BROOKLANDVILLE, MD Mr. Gensler. Thank you. Good morning, Chairman Conaway, Ranking Member Peterson. My condolences on your dad's passing. It is good to be with you all here today. I have testified in front of you a dozen or two dozen times in some previous cap
    1 point
  43. 1. well, different people have different IQ, besides IQ, the people also need to put in effort to at least educate themselves via google, so even if people have the IQ (most dont), they would still be lazy to educate themselves, if you understand it, good for you 2. XRP was much more straightforward, the aim is just to make cross border payments seamless, btc is also a simple concept, didnt research bout ADA so i dont know, the only thing i noticed is the quick climb of the rank of ADA due to massive pump, not sure what's it about, let me know here if you're generous about info 3. EO
    1 point
  44. atleast no more laser eyes... embarrassing.
    1 point
  45. I share your view as well. IMHO it's blatant malicious intent, however, to drop the Xmas bomb in such a way to create the impression they were claiming it's being illegally traded because it's a security contract (iirc - they wrote: "... and is today still being used as a security...") ; Using highly ambiguous language to spook the exchanges into suspending trading. This SMASHING of XRP's price was a deliberate act - either out of an abuse of vindictive power, or ? To claim the smash was an "unintended consequence" would mean admitting they are careless with their power ; or just
    1 point
  46. First off, if you want to create your own validator list site / publisher, be aware that doing so can create a situation where it is possible to unintentionally fork away from the main network. Your list must have >90% overlap with another person's list to completely eliminate the chances that you and that person end up following different chains. Second, the steps from many of your examples describe how to configure one validator, but then you're asking about setting up an entire list of validators. Keep in mind that one of the most important aspects of a validator list is that it has
    1 point
  47. These are same Databases used by 2 big developers in community that I know of and spoke with (one of which is xpring dev, obvious who that is).They are not up to Today’s date but they are at least mid 2018 if not later. That’s the information I wanted anyways. have you found any bad data inside them? This is same data that’s on BigQuery as far as I know. also I run a node of HDD currently. It may lead to short life on them, idk. I plan to run ssd in abit anyways.
    1 point
  48. RocksDB won't work for full history and yes, it'll take half a year or more at least to sync from the network. https://github.com/ripple/rippled/issues/2688 could help, but as you see there's not much interaction. I don't want to generate/share historic shard files (which rippled would be able to download via http(s) and import since a recent version) unless they are verifiable and deterministic, since a lot of stuff can happen. An alternative would be to reach out to Ripple (good luck!) or a community member like Wietse or me who operate full history servers to get a copy of their nodest
    1 point
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.