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Falx33

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  1. Haha
    Falx33 reacted to Inequivalent in XLM flipped XRP, Jed wins.   
    I remember when I was in the cult of Ripple I thought nothing but bad things about XLM and Jed, turns out Jed was the only decent one and made is clear to everyone when he was selling compared Brad / Larsen who tried to manipulate the price and hype it up with complete bullshit like "dozens of banks will use XRP" in 2018 and then dumping on the poor stupid retail fools like me in a bear market, this is karma to the maximum degree. XLM win and Jed gets the final laugh. 
    XLM: $0.43
    XRP: $0.22
    #theflippening
     
  2. Haha
    Falx33 reacted to BruceWhale in Coinbase is under fire because of XRP🔥   
    " The SEC, 2020 " :

  3. Haha
    Falx33 reacted to princesultan in Coinbase is under fire because of XRP🔥   
    SEC really miscalculated on this one. They created a massive clusterf**k. 
  4. Like
    Falx33 reacted to LetHerRip in Alex Cobb losing his mind - becoming just as bad as Bitconnect promotors.   
    He lost his mind long ago, as did many in the XRP Community. Unable to think clearly and logically.
  5. Like
    Falx33 reacted to RipplesWayToGo in Charting the course of XRP   
    Also to think that XRP went 100% just before the news drops, also sounds really suspicious. 
    I think the insiders already knows its coming, did the pump, got out rich and left the rest holding the bag. 
    As to think XRP went up 100% out of the 3 years I am holding, just to drop a bomb on the SEC weeks before, well, I think its a classic pump and dump scenario 
  6. Like
    Falx33 reacted to RipplesWayToGo in Charting the course of XRP   
    Sounds like a really worrying news, I guess this is a speculative investment afterall.................
    Guess now is just hold till it dies or till it moon for many here now...............
    Didn't know I have those powers! But I am really glad I am out at the right time. Didn't catch the high at 95c AUD but I am happy that once my investment gain is made the exited. Which should be the strategy in the first place for many. Greedy can really backfire............
    I am selling all my hubbys lego too! 
    Guess lego wont be worth more soon also...........lol
  7. Like
    Falx33 got a reaction from XRPwatch in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    So over all the last few years they told us they dont influence the price but infact they unloaded shitloads of xrp on us retail Investors..then they have the chance to settle with the SEC but refused to do so (even when the fine is high it wouldnt matter- they got shitloads of money anyway from their sales)..so again they give a flying sh** on us retailers with the price dropping like a stone. 
    Thats it for me wont support this Team anymore.
    Regards falx
  8. Like
    Falx33 reacted to 2ndtimearound in Charting the course of XRP   
    Ripple could reinvent itself if Brad and Chris leave.  I don't see how they can stay, though Larsen will be difficult to remove.  Get rid of the escrow, or redistribute it to XRP holders (in a commensurate way)...that would work.  I think retail HODLers need rewarding after all the shit they've been through and the support they've given to the price.  The escrow is becoming a liability right now...clearly upper management would want the fantasy scenario of selling it for years and years, but it's not going to happen. 
  9. Like
    Falx33 reacted to Troote in Charting the course of XRP   
    I may be wrong, but from what I have read...
    If XRP is a Digital Asset Security, you need to be an ACCREDITED investor to trade it. Being an accredited investor is hard, it represents maybe 1-5% of the total population. Even if Kraken/Bitstamp have the licence to trade XRP, people (except for a minority) will not be authorized to trade XRP. This means exchanges need to enforce additional checks, to allow like 1% of their customers to trade. Bitstamp, and I assume many others, are not going to pay the cost of these new administrative work to get commissions on 1% of the volume they have done so far. It's just not financially viable to them. Subsequently, they will just stop XRP trading in the US. Bitstamp was the first, I expect Coinbase, Kraken and every other to do the same as early as next week.
    My belief is that most people don't understand this. They think "oh Kraken can trade, it will be fine", but really it is not. The penny hasn't dropped yet, the situation not completely priced in and I expect XRP to crash hard, again, very soon.
    When that happens, I'll buy.  I may be waiting forever, we'll see.
  10. Thanks
    Falx33 reacted to 2ndtimearound in Charting the course of XRP   
    Then you have to believe the SEC ultimately control Ripple's future.  I think that's not the case though, if Ripple were more earnest.  I think Ripple could have relocated to another country 3 years ago as a belt-and-braces measure to ensure their HQ country had cleared XRP as a non-security, and then built out corridors from outside the US; JPY/THB as a great example (should have worked on that longer ago than they did).  Instead, Ripple made a big deal about the SEC's lack of clarity while not relocating in 3 years.  In those 3 years, the vast majority of money they made was from XRP sales.  It's becoming a no-brainer.  Chris Larsen sold 1.7 billion XRP, Brad Garlinghouse 321 million XRP....not to institutions, to us.  Oh, they did sell other XRP to institutions, but they were being dumped on the market too! After those 3 long years, the result is $1M per day ODL traffic which is like nothing more than a leaky tap.  Where is the "household name" partnerships? These are 3 years and counting...nothing. 
  11. Thanks
    Falx33 reacted to Plikk in Charting the course of XRP   
    It’s because us ‘permabulls’ always looked at the fundamentals and up til this point, for many of us, we saw XRP winning hands down on that regard. 
     
    But those same fundamentals have now turned against Ripple/XRP. Making holding it a big liability. I am still interested in buying XRP back, but only if the fundamentals are back on par again and these (major!) allegations out of the way. 
     
    Wouldn’t surprise me if XRP pumps anyway, with all the bots running, but still. Too big of a gamble for me right now. 
  12. Haha
    Falx33 got a reaction from xrp_is_love_xrp_is_life in Charting the course of XRP   
    After ripple labs found out you sold they stopped all their projects and let xrp die
  13. Haha
    Falx33 got a reaction from Rty-Quilla in Charting the course of XRP   
    After ripple labs found out you sold they stopped all their projects and let xrp die
  14. Haha
    Falx33 got a reaction from LetHerRip in Charting the course of XRP   
    After ripple labs found out you sold they stopped all their projects and let xrp die
  15. Like
    Falx33 got a reaction from rycerocket in Charting the course of XRP   
    After ripple labs found out you sold they stopped all their projects and let xrp die
  16. Haha
    Falx33 got a reaction from Dario_o in Charting the course of XRP   
    After ripple labs found out you sold they stopped all their projects and let xrp die
  17. Sad
    Falx33 reacted to Plikk in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    After believing in Ripple’s way and putting so much research into XRP and it market dynamics, it astounds me what the SEC report has uncovered of what was going on behin the scenes. 
     
    Ripple and especially CL and BG have made me completely lose faith in XRP. After reviewing the SEC document carefully, I come to the conclusion this is far from over and hence the risk/reward ratio is no longer in balance.
    After 3 years of holding and buying immense amounts of XRP, I exited my full position yesterday. I have no more trust in Ripple’s management to make XRP the promise it once was. With pain my heart I have to say goodbye to this investment and look for alternatives, but Ripple has really dropped the ball here. 
     
    I still think XRP could have great potential and the market sometimes doesnt even care much about news, so it might have been a bad decision. But I do not support the actions of Brad & co to remain in this market. 
     
    I wish everyone the best of luck with their investments and I hope justice prevails. 
  18. Like
    Falx33 reacted to MarcusAurelius in Predictions for what's next after the Ripple crest   
    with all due respect, some of us who have been investing in XRP for years have repeatedly set this as a benchmark. It happened once in 2017 and almost happened again last month. Both times it is followed by vast dumping of XRP by whales. What evidence do you have, other than wishful thinking, that XRP will increase over $1, if all of those things you speculate will happen, do happen? There were reasons for years why it was supposed to go over $1 and never did. It seems like anyone buying more XRP at this point is going to buy a useless token that will allow Jed to dump his XRP at the expense of retail buyers. 
  19. Like
    Falx33 reacted to Julian_Williams in My complaint to the SEC   
    I knew CL, as a Founder along with Arthur Britto (I wonder if he has been selling too), and Jed have been gifted big multi billion stashes.  I saw other posters saying Brad had a lot, but I had no idea why and thought it would be maybe 10s of millions.  I knew that DS has between 1 - 10 million and that he had sold about a million in a de-risking exercise about 18 months ago for which he was heavily criticised (I thought unfairly) by the forum.   I expected no huge quantities were being sold by CL or Brad and if some were that the way they would be sold and if they were happening it would be through some sort of governance program, maybe OTC to market makers as part of the controlled Ripple roll out of XRP,  under the auspices of some sort of third party approval mechanism. 
    I never imagined they were mini Jeds selling even when prices were in free fall and using bots to outsmart the ordinary buyers who were losing money in these hard markets.  I just cannot imagine anyone with integrity doing that.  It seems duplicitous to sell into markets you are being paid to develop and protect.  
    On the kindness of the heart issue, they are paid salaries by Ripple (unknown) and imagined they lived good wholesome all expenses paid lifestyles and had the expectation of being able to live like prices in the not to distant future.  They they probably both have bank accounts with hundred of millions in deposits was way outside my expectation.
  20. Like
    Falx33 reacted to Martius in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    I fully agree @Julian_Williams This quote hits the nail on its head: "What I cannot stomach is the thought they were running bots that sold off XRP at an advantage to ordinary investors in bear market conditions at the same time as they were reassuring the public that their business was supporting the roll out of XRP." 
    A single lie discovered is enough to create doubt in every truth expressed. I believe in the technology, but at this moment I have a feeling of disgust for the sheer greediness of the execs.
  21. Like
    Falx33 got a reaction from LetHerRip in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    So over all the last few years they told us they dont influence the price but infact they unloaded shitloads of xrp on us retail Investors..then they have the chance to settle with the SEC but refused to do so (even when the fine is high it wouldnt matter- they got shitloads of money anyway from their sales)..so again they give a flying sh** on us retailers with the price dropping like a stone. 
    Thats it for me wont support this Team anymore.
    Regards falx
  22. Like
    Falx33 got a reaction from Julian_Williams in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    So over all the last few years they told us they dont influence the price but infact they unloaded shitloads of xrp on us retail Investors..then they have the chance to settle with the SEC but refused to do so (even when the fine is high it wouldnt matter- they got shitloads of money anyway from their sales)..so again they give a flying sh** on us retailers with the price dropping like a stone. 
    Thats it for me wont support this Team anymore.
    Regards falx
  23. Thanks
    Falx33 reacted to Julian_Williams in Epic Pennant on BTC Chart   
    I have just cut my stake in XRP into half
    This is partly an emotional reaction.  Garlinghouse was selling far more XRP than he needed to provide for even a very lavish lifestyle, at the same time as promoting XRP to the public and his partners.  The cognitive dissonance/conflict of interest in this sort of behaviour is to me breath taking.  I am having trouble believing in the honesty of Garlinghouse as CEO.  I am wondering if he did not settle with SEC to save his own backside, or for the good of Ripple.  I have no way of knowing if he is still pointing two ways, like he seems to have been doing for several years.
    Many years ago, when my business was young, I was dealing with an American distributor who was doing business with someone who had cheated one of my artists.  This was enough for me to stop doing business with him.  In a stroke I cut out 30% of my business, and ever since it is a first principle of my business never do trade with someone you distrust or believe is dishonest.  I feel the same sentiment towards Brad Garlinghouse.  I cannot forgive his duplicity.  It is making me feel unwell. 
    That said I want also to say before this happened I have never seen Ripple/XRP in such a strong position.  
    No 3 in CMC on the threshold of a bull market in 2021 The only token in the top three that has a real use case The combination of ODL and Flare I am so happy I have the flare tokens.  In many ways I now see these are more promising than XRP (under this management).
    Another reason I have cut my stake is that I think there will at some point be a BTC correction, and this will drag XRP down too.  I will review my position and could well buy back into XRP. 
  24. Like
    Falx33 reacted to curlyfry in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    With a very heavy heart and much sadness, I sold all of my xrp yesterday. I said and I believed that I would hold strong...but an increasingly gnawing feeling in my gut told me to sell. I wanted to blame everything on an overzealous SEC (Clayton) decision but now that I've had a chance to assimilate everything, I decided to err on the side of caution and just get out of this suspenseful drama.
    What truly is a shame is that Ripple took for granted the phenomenal support they had with us, the xrp community. But on our backs, Chris and Brad profited by the millions, while we were left holding the bags. A real disgrace.
  25. Like
    Falx33 got a reaction from Dario_o in If you're still unsure of why BTC is > $24K while XRP is < $1 read page 27 and 28 of the SEC report   
    So over all the last few years they told us they dont influence the price but infact they unloaded shitloads of xrp on us retail Investors..then they have the chance to settle with the SEC but refused to do so (even when the fine is high it wouldnt matter- they got shitloads of money anyway from their sales)..so again they give a flying sh** on us retailers with the price dropping like a stone. 
    Thats it for me wont support this Team anymore.
    Regards falx
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