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Flintstone

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  1. Haha
    Flintstone got a reaction from WrathofKahneman in Elon Musk says Tesla will stop accepting bitcoin for car purchases, citing environmental concerns   
    Watch his facial expressions while she’s talking...... Hide the pain Pomp.
  2. Like
    Flintstone reacted to Die_Zerp_Meister in Spark Token Claim/Paper Wallet/Atomic Wallet   
    Fantastic! 
    Thanks @Flintstone really appreciate your help with this.  
  3. Haha
    Flintstone got a reaction from brianwalden in Elon Musk says Tesla will stop accepting bitcoin for car purchases, citing environmental concerns   
    Watch his facial expressions while she’s talking...... Hide the pain Pomp.
  4. Thanks
    Flintstone got a reaction from Die_Zerp_Meister in Spark Token Claim/Paper Wallet/Atomic Wallet   
    Was just going to bed when I replied earlier.
    Yep, that sounds correct! You are all set. 👍
  5. Haha
  6. Like
    Flintstone got a reaction from JASCoder in Xrp breakaut is ready any time boom   
    Breakaut ahoy
  7. Like
    Flintstone reacted to Seoulite in Understanding FXRP   
    There seems to be a lot of confusion in people about what FXRP is, so I thought I’d try to clear this up.
    FXRP is XRP represented in the Flare block chain. It is a claim to locked up XRP. FXRP has exactly the same value as XRP.  You will be able to unlock your XRP at any time. This value is secured by staked FLR tokens, which will be more than 100% of the total value of your FXRP. In fact, 250% over collateralization is a number I’ve seen.
    The reason to create FXRP is to use it in smart contracts. If for some reason the smart contract failed and you couldn’t access your FXRP, you would receive the exact same value of your XRP in FLR, which you could then immediately swap for XRP.
    In other words you are not losing possession of any value. The only thing you lose is the fee you pay to create the FXRP, which is currently being set at 5% although I’ve heard it could be lower. 
    If you create FXRP, you will receive daily yield in FLR from the General Rewards Pool of more than 12 billion FLR. This has been set up to incentivize people to create F-assets. The system will pay you to create them.
    So, to be clear: if you create FXRP you are not losing your XRP. You are locking it up. The value that you have will always be secured and redeemable. FXRP is not some different token that you are going to buy and sell. It is not a replacement for your XRP. It is literally just XRP that you can use in smart contracts on Flare, and get paid while you are doing it.
    Hope that clears things up a bit.
  8. Thanks
    Flintstone got a reaction from JASCoder in Flare Finance public Beta - TAKE TWO !!   
    Platform setup information has been released for the beta
    https://flarefinance.medium.com/flare-finance-open-beta-reboot-609409d95ef4
     
  9. Like
  10. Like
    Flintstone reacted to CountZerpula in Flare Finance public Beta - TAKE TWO !!   
    Appreciate the sentiment @BillyOckham... I can only echo what I'd earlier mentioned about my experience around the project.
    As far as any red flags, or issues surrounding anonymity - that's something that each person will need to reckon with. As with anything else in life, if something seems off to you, either get up as close as you can to investigate, or steer clear and let someone else be the first one through the door  ... For my money, the anonymity was more of a curiosity than anything. It was known early on in the emergence of the project that they had revealed their identities to the Flare team and that, if Flare wanted to divulge that information, that they were free to do so at their discretion. Likewise, any member of the team who might choose to come forward is open to do so.
    The way I see it, this isn't the first instance of a project either initiating, or even operating under some measure of anonymity - from Team Rocket with Avalanche, to Satoshi with Bitcoin - it just wasn't an issue for me. How the team interacted with all of us in the earlier days of the project really impressed me - along the way they've been there for support during all of the beta testing and, from there, we'll all be able to see the results of the auditing once it's complete. That's good enough for me, and you can bet that I won't be putting one red cent on the line if I'm not totally comfortable - but I'm really happy with what I see every time I head over there. 
    People interested in the project went from a group of a few hundred people, to thousands of people very quickly, and, despite the inevitable chaos that comes with such a large group - Discord & Telegram can both be a mess -  all you ever see is one person after the next going out of their way to help somebody else, so definitely drop by if you're curious.
  11. Like
    Flintstone reacted to Panopticon in SEC New Document Allows Investment In XRP   
    That's interesting...
     
    https://xrprightnow.com/sec-new-document-allows-investment-in-xrp/
     
     
  12. Like
    Flintstone reacted to Xrpdude in SEC New Document Allows Investment In XRP   
    "In light of the extremely complex nature of the legal analysis regarding cryptocurrencies to determine which ones are securities and which ones are not, Bailard has decided to allow investments in three cryptocurrencies – Bitcoin, Ethereum, and XRP – that are generally accepted to be currencies and are not currently subject to regulation by the SEC. These three cryptocurrencies are treated as Non-Covered Securities. Outside of these cryptocurrencies, investment in other cryptocurrencies is prohibited."
  13. Like
    Flintstone reacted to Julian_Williams in SEC New Document Allows Investment In XRP   
    From the SEC Horses mouth way back in January. Who is Bailard?
     

  14. Like
    Flintstone reacted to RipMcGillicuddy in SEC New Document Allows Investment In XRP   
    Believe Bailard is an Investment Advisory Firm registered with the SEC. So this is guidance from their perspective I assume, which was on record with the SEC. 
  15. Like
    Flintstone reacted to JASCoder in SEC New Document Allows Investment In XRP   
    Looking more and more like a question of IF Ripple will settle, or SEC will just drop it all, heh.
  16. Like
    Flintstone reacted to WrathofKahneman in SEC New Document Allows Investment In XRP   
    The document is one a company filed, not the SEC.  It really doesn't say anything other than Bailard thought it was ok to use BTC, ETH and XRP but no other crypto. It is evidence many people, after consultation, concluded XRP was ok to offer, but it isn't an affirmative statement from the SEC.
  17. Like
    Flintstone reacted to KarmaCoverage in SEC New Document Allows Investment In XRP   
    The only one capable of maintaining it's existence is XRP.
    PoW is just funneling value from the US & Euro, to China & Russia. I dont think publicly, but I've been seeing the flows from PoW getting the the geopolitical level for a out a month.
    I was very happy to hear Peter Thiel has been observing the same market dynamics yesterday. Remember his Palintier connections, because that platform was used to gain understanding of the complex financial fraud from the subprime mortgage crisis. 
  18. Like
    Flintstone reacted to Julian_Williams in SEC New Document Allows Investment In XRP   
    SEC's case revolves around an assumption/expectation by SEC that Ripple knew (had a duty to know) they were selling securities and SEC had no duty to clarify
    But this sort of stuff is published on SEC.org///Archive....does that mean nothing?  At the very least it shows SEC not only does not clarify, it also muddies the water by publishing stuff that muddies the water for anyone trying to find clarity?
     
  19. Like
    Flintstone reacted to WrathofKahneman in SEC New Document Allows Investment In XRP   
    Well as I understand it, it's a record advisory companies are required to submit to the SEC, not an SEC publication.  All it really shows is Bailard was comfortable and thought it ethical to recommend XRP/BTC/ETH as a cryptocurrency, not viewing it as a security after their analysis because at that point there had been no regulation of the 3.  In court, you really want an affirmative argument - the SEC said "_______".  This document doesn't say that.  If Ripple could produce that it would be game over.  Instead, they have to use things like this to help demonstrate that the SEC did nothing to dissuade or correct SEC enforcement around XRP and therefore Ripple/Brad/Chris can't be sued for knowingly selling XRP in a way that constitutes selling a security. 
     
    So it's evidence, good evidence, but I suspect Ripple has even stronger notice from exchanges and funds that likely inquired directly given the transcript of the latest hearing (apologies for my own quote) - 
     
  20. Like
    Flintstone got a reaction from CountZerpula in Flare Finance public Beta - TAKE TWO !!   
    Hey Tiny. Yeah, that Captcha bot was only just implemented as there was an influx of scammer bots, but glad you managed to pass the Black Knight.
    Regarding the FAQ, that is currently being re-worked and regarding the anonymity, there is some news in the pipeline that should ease some concerns. I’ve also had conversations with the founders recently which highlighted their dedication into the future and the new APY Cloud is like nothing else, which is tailored to weather market cycles - so long term rewards even through the bear markets.
    So all in all, definitely worth participating in the TestNet environment, just to get the swing of DeFi. And as time goes by, you can assess Flare Finance on merits and if you still have any concerns by the time FF launches, you could only risk your airdropped DFLR/YFLR to begin with.
    I’m pretty confident the founders may reveal their identity by launch, especially if it would increase platform volume.
  21. Like
    Flintstone got a reaction from JASCoder in Flare Finance public Beta - TAKE TWO !!   
    Hey Tiny. Yeah, that Captcha bot was only just implemented as there was an influx of scammer bots, but glad you managed to pass the Black Knight.
    Regarding the FAQ, that is currently being re-worked and regarding the anonymity, there is some news in the pipeline that should ease some concerns. I’ve also had conversations with the founders recently which highlighted their dedication into the future and the new APY Cloud is like nothing else, which is tailored to weather market cycles - so long term rewards even through the bear markets.
    So all in all, definitely worth participating in the TestNet environment, just to get the swing of DeFi. And as time goes by, you can assess Flare Finance on merits and if you still have any concerns by the time FF launches, you could only risk your airdropped DFLR/YFLR to begin with.
    I’m pretty confident the founders may reveal their identity by launch, especially if it would increase platform volume.
  22. Like
    Flintstone got a reaction from BillyOckham in Flare Finance public Beta - TAKE TWO !!   
    Pretty much the same, but the Devs have had a bit of extra downtime while Flare was rolling out Coston 2, so maybe a few UI/UX fixes.
  23. Thanks
    Flintstone got a reaction from BillyOckham in Flare Finance public Beta - TAKE TWO !!   
    Hey Tiny. Yeah, that Captcha bot was only just implemented as there was an influx of scammer bots, but glad you managed to pass the Black Knight.
    Regarding the FAQ, that is currently being re-worked and regarding the anonymity, there is some news in the pipeline that should ease some concerns. I’ve also had conversations with the founders recently which highlighted their dedication into the future and the new APY Cloud is like nothing else, which is tailored to weather market cycles - so long term rewards even through the bear markets.
    So all in all, definitely worth participating in the TestNet environment, just to get the swing of DeFi. And as time goes by, you can assess Flare Finance on merits and if you still have any concerns by the time FF launches, you could only risk your airdropped DFLR/YFLR to begin with.
    I’m pretty confident the founders may reveal their identity by launch, especially if it would increase platform volume.
  24. Like
    Flintstone reacted to BillyOckham in Flare Finance public Beta - TAKE TWO !!   
    Hmm...  I dunno.   I am a bit uncomfortable with FF.  I just went to the discord link.  I don’t use discord so the whole UI seems a bit user-unfriendly to me but I tried anyway.  
     
    I get a captcha-bot that presents me with distorted text to type in proving my hue-manatee.
    My first go fails,  so I look closer and realise there was another letter lurking there.  Retry but fail again.  Cant see any alternate to what I typed,  but only have one attempt left.  No way to click ‘try another captcha’ or suchlike.  So that’s a bust.
    Ok, let’s look at the flare finance faq.  I get down to the part about we don’t want to reveal our identities so the powers that be won’t assassinate us...   and now I’m turned off the whole thing again.
    This is about the third time I’ve thought I should look into it,  but as soon as I do red flags jump up and dissuade me from proceeding.
     
    The ONLY reason I’m still slightly interested is because of @CountZerpula and @Flintstone and others here being participants.  They are smart and decent folk so it gives the thing more credence than I would assign it otherwise.
  25. Like
    Flintstone reacted to BillyOckham in Flare Finance public Beta - TAKE TWO !!   
    Got past the biological life form check...  I had capitalisation wrong.  Just updating because I’d said captcha failed.  It was me that failed.   
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