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Mikhail_Liebenstein

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About Mikhail_Liebenstein

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    Advanced

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  • Gender
    Male
  • Interests
    AI, Deep Learning, HPC, Distributed Ledger
  • Location
    Surrey
  • Occupation
    Sales and Technical Director AI, HPC, Big Data
  • Country
    UK
  • Ripple Address
    rfmpV4qcJhrT1TDuW2tRvhM61rz7fBPErm

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  1. I think XRP can get to the magic $589, but it will need wider use and adoption as a currency. Whilst there are BTC cashpoints etc, I don’t think BTC really cuts it, and increasingly the Lightning Network is seen as a massive failure. Eventually BTC will erode, even the current pick up in the BTC price is fake as mainly driven off fake USDT. XRP is ready to fill the gap and in practical terms works much more effectively.
  2. Yes, to be honest Tether shouldn’t set the BTC or XRP price, it should just be real Dollars doing that. Totally conceivable for Tether to decouple from the Dollar. A bigger worry for me is this sort of stuff: https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin Really if you can keep crypto off the exchanges whilst not trading, then that is a good thing.
  3. Well XRP appears in my Coinbase wallet now, but I don’t think I can exchange it or trade it. So I guess CB is just a wallet company.
  4. I am fully aware of that!!! That said, it did hit over $100k daily volume previously. The current low volume is partly down to the fact that there was a coin burn (to remove hang over from the old original BTCI which suffered an exit scam). So quite a few of the exchanges will be back online soon with the new wallet. But yes, trading even at $100k is slow andi hate the waste of converting to BTC first.
  5. That’s exacty my thought. I’ve made some great gains on small Alt coins, but when the sea is rough and the Bitcoin Titanic is sinking, it makes sense to stay on te XRP Super Yatch.
  6. $XBI is a proof of Stake Coin, and you get rewards for either opening the Staking function in the wallet or for running Masternodes. Right now I’m earning about 200 XBI per day. Whilst I probably should have switched it when it got close to 60 Cents and I could have bought 60K XRP, I was a bit torn as the rewards are good. I might start selling the rewards from now, which would bag me about 150 XRP per day.
  7. Agree. I’ve now got 25,000 XRP. That said, I am holding 60,000 XBI which originally cost me $300 and are now worth $15k, so I should be able trade some into XRP at some point. Guess the aim has to be 100k XRP.
  8. Agreed. Thanks to playing around with Crypto, validator nodes and some GPU work which morphed into AI, I've elevated my decent £140k OTE salary to something closer to £300k. (I'm in sales, but super techy for sales). Thank you XRP and Ripple! Not just improving finance, but improving individuals finances by improving their skills.
  9. I tend to agree that BTC will die off. 1) Highly centralised in a Chinese mining cartel 2) Massive transactional backlog 3) Clearly got very overhyped 4) Current mix of competition and difficulty make mining a loss making activity. In fact most miners lose at $4k all will shut off BTC at $3k, and..... 5) Most miners can reprofile their ASICs to mine more profitable coins instead of BTC 6) Plenty of premined and PoS coins to choose instead of PoW ones. Obviously XRP as a pre-mine, but also ones that communities can run easily on masternodes like XBI that do everything BTC does, but are are around 1/12,000 the of the price.
  10. Just like .com Lots of failures, 1 Amazon, 1 Google, 1 Facebook
  11. That said, I expect that this is how XRP will overtake ETH. The same thing happens in business. When there is a downswing, the weaker plays get filtered out. When the upswing returns, money flows into the new leaders.
  12. USD/XRP certainly is falling!!!! (Hint: the order of the pair is important)
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