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DQA

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Everything posted by DQA

  1. Great explanation on the manipulation/fraud of the silver comex market, just for some perspective: https://www.tfmetalsreport.com/blog/8252/econ-101-silver-market-manipulation
  2. Yeah just have a look at threads from october-november 2017, nobody thought at the time XRP would reach $1 in 2 months time, let alone $3. Once major partnerships using xRapid get announced, this thing will go ballistic, will that happen this year? Perhaps not, but I am sure some great announcements will be made. I would not be surprised to end the year with $8.
  3. 5-10. It's gonna take off.
  4. I am sure there are strategic considerations and depending on the progress Earthport has booked with Ripple, they might have acquired the the entity with the idea to have them as frontrunner to lead VISA's transition for cross border payments to the modern age. Who knows, at the moment it's all speculation and all we know is that VISA acquired a company that uses Ripple product, which is nice, but correlation does not imply causation.
  5. It's being blown up. Just because this company uses Ripple products does not necessarily mean anything. If Visa wants to work with Ripple they will do so directly, perhaps they already are and the acquisition is part of remodeling their payment infrastructure, but this news itself cannot be defined as good news. People seem to be blowing things out of proportion, but that's just my opinion.
  6. Ive bought all the way down and I have accumulated enough. Got powder ready when true bargains come in, but I have enough zerps not to buy at this stage.
  7. https://blogs.imf.org/2017/06/02/the-sdr-giving-an-old-idea-new-life/ I could write up an entire post to this 10 minutes podcast, but instead of doing that, I'd love to hear what comes to your mind when listening to the IMF explaining the role of the SDR.
  8. @Hodor very interesting post from your early days I just came across via google. Would you mind sharing an update on your report from 2017. I have come to the same conclusion and I strongly believe ILP with XRP as liquidity asset are planned to be used in the near future with SDR (e)currencies to replace the dollar as a more stable and fair reserve option. Some snippets: "Zhou Xiaochuan, the central bank’s governor, said the goal would be to create a reserve currency “that is disconnected from individual nations and is able to remain stable in the long run, thus removing the inherent deficiencies caused by using credit-based national currencies”. To replace the current system, Mr Zhou suggested expanding the role of special drawing rights, which were introduced by the IMF in 1969 to support the Bretton Woods fixed exchange rate regime but became less relevant once that collapsed in the 1970s. ... China’s proposal would expand the basket of currencies forming the basis of SDR valuation to all major economies and set up a settlement system between SDRs and other currencies so they could be used in international trade and financial transactions."
  9. DQA

    Tax situation in Germany

    I hope you are all fine with me writing in English. While I do understand everything in German, my writing skills aren't that great. I live in Germany and am looking for some clarification on the tax situation here. I understood that if you hodl for a minimum of 12 months, no capital gains are to be paid over crypto currencies. Is this correct and is there anything else to consider? I am a bit stunned and wonder how long this will last before the government claims its fair share
  10. Because I've accumulated enough for my liking. Enough is enough and my risk appetite doesn't let me buy more. Besides, if we ever reach +$10 i'll make a nice sum of money, so why would I increase my risk even further?
  11. DQA

    What to expect from SWELL?

    Given that Clinton is doing a keynote, it might be something big. Can't imagine they hire him just for the lolz.
  12. Ever since the joy of ripple Christmas gifts back in December, we have only gone done for 8 months straight. BTC declined over 70%, which I believe brings this correction on par with the previous biggest correction dating back to 2013. There's little margin left to correct one would think. I never though i'd see an opportunity to buy XRP $.20s so I am not complaining but I am curious where you guys think we currently are at.I am not feeling desperate neither have I panicked, but I am wondering what the general market sentiment is like. Are we currently in the "opportunity stage" or are we in "denial"?
  13. I feel it to, but then again, I've been wrong before. Nothing surprises me anymore.
  14. This - so many people have sold their XRP already. At these levels, there would be a huge uptake, simply because people know XRP has been at $3. So spending some money on such an undervalued asset and it being close to rock bottom would imo usher in a huge buying spree. But can we go there, certainly. There was a guy saying here that XRP would go below $1.50, he got almost stoned to death - this was blasphemy and impossible. Look where we are at now.
  15. 2020 I want to retire, so you better be right.
  16. Tether can't implode at this stage. It can only happen once a new bull run is in full swing. If it happens at this very stage of the bear market, recovery will take years.
  17. DQA

    Are we back?

    We will go down again, and no - now I am not hoping for it anymore. Scooped up enough, but something tells me this correction is not complete yet.
  18. Is the 6% net or still liable to capital gains tax?
  19. Bring it on. At .05 cents, the XRPChat bastion won't surrender, instead, we will buy shitloads more and turn into mini and mega whales. Sadly, we won't ever see that again (that's my belief). In the 20s range people will go berserk to add tons of XRP.
  20. DQA

    Who sold?

    Same here, but now I am exclusively buying.
  21. “There is a reason why the United States has a structural trade deficit. That’s because the world wants to hold the dollar as a reserve currency,” said Minerd while speaking on a panel at the Milken Institute 2018 Global Conference in Los Angeles on April 30. “If we insist that we have no trade imbalance, what we’re saying is that we no longer want to be the reserve currency.” https://qz.com/1266044/why-does-the-us-run-a-trade-deficit-to-maintain-the-dollars-privileged-position/ XRP helps Trump solve his trade deficit problem
  22. Yes - if XRP price would stay around $1 despite xRapid adoption by dozens (BG) I would become very skeptical. If not xRapid adoption by major institutions what would drive up the price? In any case, this is a worst case scenario I don’t expect to happen, so there’s not really a point to discuss it further, .
  23. This. If the price hasn’t gone over $1 by the end of the year, I will become very skeptical (as BG mentioned he expects numerous banks to use xRapid) I will re-evaluate my decision by the end of the year and probably sell end of next year if we are at or below $1. Not that it matters, cause I highly doubt we will sit around these lows for the rest of the year.
  24. I am sending new fiat to the exchange right now as we speak. Two weeks earlier than I had planned.
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