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DQA

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Posts posted by DQA

  1. 1 hour ago, AlvaroXRP said:

    I try to keep my expectations low just in case

    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.

  2. 24 minutes ago, Yodaxrp said:

    There's enough evidence about a running cooperation Earthport-Ripple. What we do not know at this stage are Visa's intentions. IMO it would be silly to spend usd 250m to just kill the above cooperation, so I'm confident (doesn't mean sure) there'll be an indirect cooperation Visa-Ripple.

    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. 

     

     

  3. 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. 

  4. On 12/18/2018 at 5:33 AM, 2ndtimearound said:

    Why not just buy small amounts daily? Divide your buys up. These prices are low anyway.  It will probably go down again, but IF it doesn't, many will have missed out because of greed....yes greed works on both ends of this spectrum - average your buys and sells and don't worry about extremeties.  I don't mean to offend by the word greed by the way - we all have to fight that urge.  Human nature.  I fight it daily.

    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.

  5. @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."

     

     

  6. 4 hours ago, PhiGuy said:

    Possible yes. Probable no.

    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. 

  7. On 8/24/2018 at 4:18 AM, OzAlphaWolf said:

    I agree with this. But we will see utility demand grow organically and it won't come just from Ripple customers. There's Coil, Xpring and other businesses starting to build on the XRPL. But I am expecting a significant ramp up from Ripple partners during 2019 and definitely 2020. So 3 years from now, 2021, I think the price will be exceptionally healthy in comparison to this year.

    2020 I want to retire, so you better be right.

  8. 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"? 

    investor-emotion-market-cycles-fear-hope-greed1.png

  9. 1 hour ago, Crypto_Knight said:

    Market for you, XRP holders, just recovered 6%. We're currently at $0.47 cents. What's stopping you from selling a percentage of your stash RIGHT now, presumably at a loss, to re-purchase in the next few days when, according to the experts, Bitcoin reaches 5400 (and presumably, XRP selling for $0.35?) Is it that you don't trust the big players telling you this will happen because it's a conspiracy to take your coins?

    Is the 6% net or still liable to capital gains tax?

  10. 3 hours ago, xrp-pat said:

    During the next bull run and likely subsequent market cool-down, I will likely sell some of my XRP and wait for the price to drop.  Now is not the time for me though, I'm of the opinion the bottom is in or very close to it.

    Same here, but now I am exclusively buying.

  11. 1 hour ago, BostonXRP said:

    “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 :D 

  12. 6 minutes ago, ripplewaytogo said:

    But even at the $1 price by the end of next year you would still made at least 20% yearly returns compared to the current price. You would still looking to sell?

    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,

    .

  13. 13 minutes ago, RegalChicken said:

    If the price is $1 in 2020 I doubt I'll continue hodl'ing, much less 2023. 

    its hard to say with certainty but I just don't see it likely.  by 2023 this industry will be eons beyond where it is now and $1/xrp makes me think that's all it will ever be if that's where it is in 2023.

    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. 

     

     

  14. "Of the roughly 17 mln Bitcoin available, the data shows that, as of April 2018, around 1,600 Bitcoin wallets hold at least 1,000 bitcoins each, equalling almost 5 mln BTC and accounting for almost a third of all Bitcoin in circulation.

    The data from Chainalysis raises questions concerning manipulation of crypto markets by a small number of investors. While institutions have begun carving out a share of the market, many believe that the future of Bitcoin will depend on which approach regulators take."

    https://www.zerohedge.com/news/2018-06-09/data-shows-switch-bitcoin-hodlers-crypto-speculators-last-6-months

    The markets will go up as soon as the whales decide its time for that. This rather small market is heavily manipulated and therefore we are held completely hostage to those whales. Regulation will help deal with this, but I am afraid there won't be natural market movements for a little while longer to come. 

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