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Mikhail_Liebenstein

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  1. Like
    Mikhail_Liebenstein got a reaction from jbjnr in Guessing corrections   
    I think it is happening now, mainly due to nations banning Bitcoin in a concerted way.
    Gut feeling, BTC will go back down to sub $6k and XRP will trade between $0.18 and $0.25 again.
    There has been a wall of negative news in the last month or so, but few noticed it during the run up party.
    It  looks like they are starting to move against Bitcoin.
     
    Turkey has just made crypto illegal: https://www.euronews.com/amp/2021/04/16/turkey-has-just-banned-the-use-of-cryptocurrencies-and-bitcoin-is-already-feeling-the-stra
     
    HSBC has banned people from dealing in Micro Strategy stock due to the firms holding of 91k BTC. https://www.financemagnates.com/cryptocurrency/news/hsbc-bans-microstrategy-shares-citing-bitcoin-investments/
     
    The UK had already banned Crypto Derivatives: https://www.mirror.co.uk/money/every-single-bitcoin-product-banned-22800240
     
     
    India is also on the case for on outright ban: 
    https://mobile.reuters.com/article/amp/idUSKBN2B60QP
     
     
    Ray Dalio also thinks the US is heading that way: https://www.cnbc.com/amp/2021/03/26/bridgewaters-ray-dalio-good-probability-government-outlaws-bitcoin.html
     
    I've just sold out my XRP as I am fairly certain the cyclical crash has started. I am sure most Crypto will drop 90%, like before , before a new run up in 2024/5.

    That said, it BTC not recover this time, as we should have viable Quantum computers for cracking BTC in 3 years from now. BTW, i work in the field, and Quantum Computers are real.
     
  2. Like
    Mikhail_Liebenstein got a reaction from Jedyka1990 in Charting the course of XRP   
    Well yeah....I had my actual shoeshine boy moment a few days ago. Got talking to a delivery driver who was delivering an actual shoeshine kit to me (a gift for someone else), anyway he started talking about Bitcoin.
    Add to that, today my 74 year old father started talking about Bitcoin.
    I think that is the Bat Signal!!!
  3. Haha
    Mikhail_Liebenstein got a reaction from Xrpdude in Charting the course of XRP   
    Well yeah....I had my actual shoeshine boy moment a few days ago. Got talking to a delivery driver who was delivering an actual shoeshine kit to me (a gift for someone else), anyway he started talking about Bitcoin.
    Add to that, today my 74 year old father started talking about Bitcoin.
    I think that is the Bat Signal!!!
  4. Like
    Mikhail_Liebenstein got a reaction from dtpace in Charting the course of XRP   
    Well yeah....I had my actual shoeshine boy moment a few days ago. Got talking to a delivery driver who was delivering an actual shoeshine kit to me (a gift for someone else), anyway he started talking about Bitcoin.
    Add to that, today my 74 year old father started talking about Bitcoin.
    I think that is the Bat Signal!!!
  5. Like
    Mikhail_Liebenstein got a reaction from Manic in It's time to buy XRP   
    I’m more worried now about the cross fire. The Crypto market has basically hit $1Trn, and has a Tulip / Southsea Bubble feel to it.
    Also, I was chatting to one of the delivery drivers that came today as he got stuck behind a tree surgeon who was working on our road.
    Anyway, he was telling me how he was doing really well with Crypto and Bitcoin in particular.
    Do you want to know what was in the parcel?
     
     
    https://www.herringshoes.co.uk/herring/valet-box-ii/red-walnut
  6. Like
    Mikhail_Liebenstein reacted to jbjnr in I exchanged majority of my XRP for BTC   
    A better way would be for world governments to push for energy agreements (a la Paris agreement) that make mining for POW tokens illegal and then to have individual governments force exchanges to delist POW tokens. We've seen how quickly the US exchanges dropped xrp trading due to securities issues, it could happen. And in my own view, it is inevitable that POW tokens will have to be made illegal eventually. The energy consumption of the bitcoin network is ridiculous and it will have to be stopped at some point (the sooner the better in my view).
  7. Confused
    Mikhail_Liebenstein got a reaction from Plikk in I exchanged majority of my XRP for BTC   
    Here’s a rumour....
    SEC to go after Tether......
    That would kill BTC.
  8. Haha
    Mikhail_Liebenstein got a reaction from LetHerRip in Action plan after SEC complaint   
    So here is some gossip. And take what you will as this is an internet forum and this is me simply replaying third party opinion:
    I  spoke with a US colleague who knows the SEC and the Democrats well. He thinks it is likely the SEC and Biden administration won't do anything that will overtly damage US FinTech.
    "In particular, the US needs a national crypto champion and with Bitcoin and ETH  largely controlled by the Chinese through some rather shady operations, Ripple is as good as it gets."
    He concluded that Ripple and a few Execs will receive stern words and some moderate fines. But that the SEC isn't out to harm small investors, and is keen to foster innovation. He therefore concluded that there will be wider regulation of Crypto Assets with a view to strengthening the US' presence in this market without damaging market participation. It is likely that the US will allow assets like XRP onto both major financial exchanges and on the Crypto exchanges, provided new Governance methods are proposed - such as ceasing sales and perhaps burning a lot of the Ripple held XRP.
    He was pretty bullish, and said this might be a chance to retire if his soundings are realised.
    Take that as you will. As I say, this is one person's opinion, I'm replaying it and this is sn internet forum.
     
  9. Haha
    Mikhail_Liebenstein got a reaction from LetHerRip in Action plan after SEC complaint   
    BTC could go down if the great firewall goes up. In fact I predict BTC will return to $0 at some point, particularly as quantum computing progresses. 
     
    XRP will have an easier time adding quantum hardening.
  10. Haha
    Mikhail_Liebenstein got a reaction from LetHerRip in Poll: Have You Sold ?   
    I think BTC va and ETH have more downside. The prices are fake, based on being pumped up with Tether.
  11. Haha
    Mikhail_Liebenstein got a reaction from SquaryBone in Grayscale purchased 12.48 million 01/01/2021   
    I'd be selling BTC now and swapping weighting for XRP, it makes total sense.
    BTC could drop back to $3000, but the XRP floor is $0.18, and has way more upside.
     
  12. Confused
    Mikhail_Liebenstein got a reaction from Dario_o in Charting the course of XRP   
    And actually it is really 3rd.
    The real reason being that Tether is fake and is being used to Pump BTC, whilst the underwriting value of Tether is probably just 5 Cents on the Dollar.
  13. Like
    Mikhail_Liebenstein got a reaction from Xrpdude in Charting the course of XRP   
    And actually it is really 3rd.
    The real reason being that Tether is fake and is being used to Pump BTC, whilst the underwriting value of Tether is probably just 5 Cents on the Dollar.
  14. Like
    Mikhail_Liebenstein got a reaction from stickynoodle69 in Grayscale purchased 12.48 million 01/01/2021   
    I'd be selling BTC now and swapping weighting for XRP, it makes total sense.
    BTC could drop back to $3000, but the XRP floor is $0.18, and has way more upside.
     
  15. Like
    Mikhail_Liebenstein got a reaction from Baka in Poll: Have You Sold ?   
    Personally I've played the swings, and now hold 2.5x more XRP than I did before the SPARK drop. Happy with that.
  16. Like
    Mikhail_Liebenstein got a reaction from Chookstar in Action plan after SEC complaint   
    I did on the way down, out at $0.48 and back at $0.22, then one more trade out at $0.27 and back in at $0.23 having missed the $0.18 bottom. 
    Good enough for a 2.5x stack and value increase. Better than sitting on BTC.
  17. Like
    Mikhail_Liebenstein got a reaction from jetbrzzz in Grayscale purchased 12.48 million 01/01/2021   
    I'd be selling BTC now and swapping weighting for XRP, it makes total sense.
    BTC could drop back to $3000, but the XRP floor is $0.18, and has way more upside.
     
  18. Like
    Mikhail_Liebenstein got a reaction from WuWei in Grayscale purchased 12.48 million 01/01/2021   
    I'd be selling BTC now and swapping weighting for XRP, it makes total sense.
    BTC could drop back to $3000, but the XRP floor is $0.18, and has way more upside.
     
  19. Like
    Mikhail_Liebenstein got a reaction from WuWei in Action plan after SEC complaint   
    I did on the way down, out at $0.48 and back at $0.22, then one more trade out at $0.27 and back in at $0.23 having missed the $0.18 bottom. 
    Good enough for a 2.5x stack and value increase. Better than sitting on BTC.
  20. Like
    Mikhail_Liebenstein got a reaction from xrp-pat in Action plan after SEC complaint   
    I did on the way down, out at $0.48 and back at $0.22, then one more trade out at $0.27 and back in at $0.23 having missed the $0.18 bottom. 
    Good enough for a 2.5x stack and value increase. Better than sitting on BTC.
  21. Like
    Mikhail_Liebenstein reacted to Oysterman in Action plan after SEC complaint   
    Can't  happen soon enough to be rid of anything to do with the trump fiasco.  Clearer skies ahead ...
  22. Like
    Mikhail_Liebenstein got a reaction from BigDaddy in Action plan after SEC complaint   
    Well it is pretty clear that the SEC is an antique and isn't fit for purpose.
    I understand heads will role when Biden comes in, so if the SEC has been infiltrated, then there will be a decent clear out.
    Buy American buy XRP.
  23. Like
    Mikhail_Liebenstein got a reaction from Rty-Quilla in Action plan after SEC complaint   
    Well it is pretty clear that the SEC is an antique and isn't fit for purpose.
    I understand heads will role when Biden comes in, so if the SEC has been infiltrated, then there will be a decent clear out.
    Buy American buy XRP.
  24. Like
    Mikhail_Liebenstein got a reaction from JannaOneTrick in Xrp worry   
    I think XRP prices right now are like the the stockmarket back in March. There is a lot of FUD, but if you look at this, it will ultimately give clarity, may result in a escrow burn, and give XRP access to both crypto exchanges at bigger markets like the CME in the US.
    The reason I say this, is that I've firstly spoken with a close US colleague who knows about these things and secondly I think damaging Ripple/XRP would be akin to surrendering to China with their gangster BTC.
  25. Like
    Mikhail_Liebenstein got a reaction from patriot420 in Charting the course of XRP   
    It is the Chinese exchanges doing this.
    USA (XRP) versus China (BTC/ETH) and the war is getting dirty. Has anyone checked for Beijing placemen in the SEC? They have infiltrated a lot of Western instituitions
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