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DucPeter

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  1. Like
    DucPeter reacted to 3GO3D in Is this the News that's been pumping the Zerp   
    I'm with you on this one, XRP has outstripped BTC over the past week and is showing signs that the run isn't over. Plenty of trade over the wekend too when weekends are generally weak on buyers. People are searching for a " Safe haven " for their wealth, Gold & Silver have performed really well since the Covid nightmare arrived and the BTC has attracted new money. But the Big news is the rise in Crypto adoption as people lose faith in the Fiat Currencies. Due diligence now points to XRP eventually being the leader of the pack.
  2. Thanks
    DucPeter reacted to QWE in Moderator question: Ban from thread?   
    I was waiting for the first “you guys are just an echo chamber and can’t handle criticism” comment as soon as I saw this topic and here we are, not even an hour after the topic was posted.
    You can see tulo and Sukrim constantly giving valid criticism to XRP and Ripple for years now, and yet no one is telling them to go away. You know why? Because they bring value to discussion.
    There are topics and debates on this forum that are truly interesting, but get interrupted and trashed for no particular reason. You have a counter argument? Write it in a normal, articulate way, support it with facts and we’ll have a great forum for everyone.
  3. Like
    DucPeter reacted to jbjnr in Moderator question: Ban from thread?   
    Dear moderators, please feel free to move this thread to somewhere else as I was not sure where to put it (I expect there's a section for this kind of thing)
    I find xrpchat increasingly unreadable (and I doubt I am alone) due to the pointless contributions made by a significant number of posters who appear to have no reason to be here other than to criticize other posters, post their annoying comments about price movements or spread FUD-like nonsense by commenting constantly about how awful ripple are, how much in the red they are, etc etc
    I can ignore these posters and do so frequently, but their comments still appear as quoted references - and - wonderful though they try to be, some xrpchat members feel that they have to correct these posters, by pointing out where they have made a mistake, making the threads they hijack longer and giving the trolls the airspace that they crave so desperately. Every pointless comment by an 'unhappy investor' leads to ten further comments that do nothing for the quality of xrpchat and only serves to bring it down to the level of the rest of the internet.
    A solution that comes to mind is a 'ban-from-thread' feature that the creator of a topic would be able to use to ban further contributions to that thread alone by users who try to hijack it, or who post off-topic comments that degrade the thread quality. The user who starts a thread would have free reign to prevent any poster that wants to hijack the thread from adding to it. (If the trolls want to create their own threads devoted to their own topic, then they can do so).
    Can it be done?
    Thanks
  4. Thanks
    DucPeter reacted to Caracappa in Bank of America joins Ripplenet, can anyone confirm?   
    First of all, $10,00.
    Second of all, he did not say it. He retweeted someone elses post.
    Third of all, the 'in the blink of an eye' response was to SBI VC becoming #1 in Japan. 
    So far your research...
  5. Thanks
    DucPeter reacted to MrVH in New Predication Game for 2020, Lets keep this tradition going guys   
    Excel file has been updated with additional prediction.


  6. Like
    DucPeter got a reaction from Ryyy20 in Bank of America joins Ripplenet, can anyone confirm?   
    So the only thing you've been doing here is complaining about Ripple, XRP, Brad, the community and how bad your investment was. We know it by now.
    When it's all such a shitty mess in your eyes, why are you still here? Please go whining somewhere else.
  7. Thanks
    DucPeter reacted to MaxMad in Charting the course of XRP   
    It must have been trying times holding for the last 3.5 months 😉
  8. Thanks
    DucPeter reacted to Julian_Williams in Charting the course of XRP   
    Maybe, but I am sure tired of the number of people who are constantly propagating the view that the Ripple/XRP project is stumbling on the slim and specious evidence that the speculative price of XRP has dropped relative to other cryptos.  The truth is that crypto investors are looking for spectacular profits with no pain and no research, as if the crypto market is a betting machine from which they have a right to expect their profits doubled every three months.  When things do not turn out the way they expect they start making repeated posts accusing the management of companies like Ripple as being scammers and dumpers....it is all so childish.
    Ripple have a job..that job is to disrupt the financial cross border payments industry, and replace the old ways with newer, cheaper, more efficient way of transferring money.  this will particularly benefit the unbanked in underdeveloped parts of the world.  Its working, and we investors are buying the tokens used for this activity on the speculative assumption that they will go up in price as Ripplenet and ODL gets used more and more by FIs and banks.
    We have to expect rough patches whilst we wait for the market to mature
  9. Like
    DucPeter got a reaction from 1Ton in The big problem with XRP, and why you'll be waiting (a very long time)   
    Same here. XRP touching something between $ 8.00 - 10.00 in about 6 years from now would make life just a little more comfortable while I'm still able to enjoy actively. That would be 'moon enough' for me, by the way.
  10. Like
    DucPeter got a reaction from Viggo in The big problem with XRP, and why you'll be waiting (a very long time)   
    Same here. XRP touching something between $ 8.00 - 10.00 in about 6 years from now would make life just a little more comfortable while I'm still able to enjoy actively. That would be 'moon enough' for me, by the way.
  11. Like
    DucPeter reacted to retep in The big problem with XRP, and why you'll be waiting (a very long time)   
    20 years, then i'll be 74 years old, so i would rather love to see everything go to the moon when i'm 60 because that's still "young" enough to enjoy
    the years where i don't have to worry about my money
  12. Like
    DucPeter reacted to solodeji in XRP Surges Amid Strong Bearish Indications, Attempts Break out of Neckline   
    https://newslogical.com/xrp-surges-amid-strong-bearish-indications-attempts-break-out-of-neckline/
    As you know, the market for the most liquid altcoins traditionally follows the price of Bitcoin and this factor can definitely not be excluded. But this time something went wrong, CoinMarketCap data...
  13. Like
    DucPeter reacted to 2ndtimearound in 17th June 2023: my open letter to XRP investors   
    Once again people are freaking out because XRP has dropped below the $80 support level.  $70 is on the cards in the next few days...and I can only imagine the retail panic if and when we get to that price.  Yes, we hit $100 - briefly.  We all knew sell orders would kick in and we'd come tumbling back down.  We'd been on an incredible run, and we are due a massive correction.  It'll happen, people will panic, and I think a year long bear market COULD be on the cards.  Don't shoot the messenger, just my opinion. 
    Now I've said that - just breathe in, breathe out.  And let me give newer investors a quick history lesson and overview of the last 4 years, and encouraging words.   I'll go over some technicals too.  Apologies if you already know this, but it's all relevant.
    The last proper bear market was in 2018 / early 2019.  Read that again.  Fairly much we've been in a 4 year bull market (we used to call these "runs" as they were so short!). We've had a few bear "seasons" since then, but nothing decent.  We've been spoiled rotten.  Ever since the SEC gave XRP the green light in September 2019, it's been fireworks ever since.  What followed was a cascade of events that were clearly just waiting for the SEC to drop the flag.  The biggest reveal was xPool.  This blew away the idea that public exchanges would be used for xRapid liquidity, and that banks wouldn't hold XRP.    Instead, banks bought up XRP - causing its price to spike up to just under $10 by December 2019 (from a low of 50 cents in September 2019!).  Banks used their XRP with a non-public exchange known as xPool.  Central banks provided xPool with fiat liquidity.  Banks could trade in and out of this single exchange - facilitating cross-border payments.  Though non-public, xPool was fully transparent.  Every bundled transaction was publicly visible.  Transactions were bundled via Cobalt, with each bundle sent as a single transaction via the XRPL - where each bundle was then unpacked on private ledgers to maintain privacy for bank's customers.   The transparency of xPool meant that accounting firms could audit everything with certainty (with access to each bank's private ledger too), and that governments had full transparency themselves over every single international payment made.  A perfect storm for XRP was brewing.
    In fact, the demand for XRP became so great - from banks, central banks, institutional investors, retail investors - that XRP quickly overtook BTC and ETH in a huge wave of speculation that saw the space introduce the "XRP dominance" metric....which has never dipped below 50% since late 2019 (as an aside I met someone yesterday who flat-out didn't believe me that we used to have a "BTC dominance" metric!).  XRP's price was propelled by one good news story after another.  The whales who got in under $1 were waiting for a correction that never came.  And so the price just kept climbing.
    History lesson over. 
    I say all of this because even though XRP is due a big correction, the demand for XRP is only getting started.  Microtransactions is where XRP's new wave of demand will come from.  Coil is now 5 years old and since its partnership with Google - it's been the number one monetising platform for publishers.  Coil has proven that microtransactions have a solid future.  Next up will be M2M microtransactions on the ILP which will explode volume by at least x1000 what it is now.  You read that right.  Furthermore, STOs will finally be bridged via XRP so you can use your STOs to pay for anything - soon you'll be buying your happy meal with your STOs.  Not only that, but the fast food restaurant will reward your loyalty by loading up your wallet with some of their own STOs.  As mentioned, every transaction bridged by XRP.
    It's all coming - be prepared for a $1000 XRP in 2026 or so, with a nice long ride up to that price (I might take a quiet moment of reflection when we pass the $589 mark, more experienced readers will know what - or who - I'm referring to here).  However, before we see those numbers, I'm sure we're going to revisit a low of $50, so hold on to your hats and do not sell.   There's a decent number of whales who got in under $1 and have been waiting for this correction to sell into.  Let them sell, let them enjoy their gains. Take a breather, and get ready for the REAL ride. 
  14. Like
    DucPeter got a reaction from VladWSV in Venezuela Launches Government Service for Sending Bitcoin and Litecoin to Its Citizens   
    Doesn't the Venezuelan government have something more urgent on their minds right now...??? I mean, the whole country is on fire!
  15. Like
    DucPeter got a reaction from KaaKaRmA in Xrp will never go above 40 to 50$   
    In fact I am a small investor, certainly not a pro in the financial world. I invested in XRP because I have confidence in the Ripple business case, but success will not come overnight. You gotta look at it from a long term point of view. And stacking up cash in the bank gives you absolutely no return at all...
  16. Haha
    DucPeter got a reaction from Roaring_Twenties in Xrp will never go above 40 to 50$   
    Come on, that's like asking someone to have his pants pulled down in public.
  17. Like
    DucPeter reacted to KaaKaRmA in Xrp will never go above 40 to 50$   
    The longer XRP can keep stable st .30 the better. Small pumps just give false hope to hopium and give riddlers and YouTubers more content to entice them to tune into next video, creating vicious circle where only their making money based on views and donations. Hopefully having Bob Way on board will help give clarity and eliminate much of the nonsense going on. If I can 2x or 3x my investment in XRP I’d be extremely happy.  1000x type nonsense is just pipedreams of small investors wishing upon miracles. 
  18. Like
    DucPeter got a reaction from Wrutherfoord in Answer chat: Wen Moon?   
    Thanks for another great answer, @BobWay! But to help me understand you right: what would you consider short term or long term?
  19. Like
    DucPeter got a reaction from LittleLordFauntleroy in Answer chat: Wen Moon?   
    Thanks for another great answer, @BobWay! But to help me understand you right: what would you consider short term or long term?
  20. Thanks
    DucPeter reacted to BobWay in Answer: Wen Moon?   
    I can't justify a strict definition of short or long term. Those are really "weasel words" aren't they. Thanks for calling me on them and everyone else should feel free to do so as well. When called on a term gives me a chance to reflect on what I really mean.
    So when I say, "short term", upon reflection, I think the best concrete definition is roughly "in the next year or so". Unfortunately, in my head that is a rolling term. If you as me the same thing in six months, I'm still thinking "in the next year or so". I'm absolutely never thinking "in the next six months obviously, didn't I say in the next year, six months ago?"
    So yes, still weasel words. But maybe slightly less weaselly.
  21. Thanks
    DucPeter reacted to UncleMikey in Answer chat: Wen Moon?   
    I don’t think Bob feel comfortable speculating this way...besides its probably best that each individual defines their own comfort levels, like time frame on their ROI  or desire to discuss it. 
    But if it helps, from a tax/accounting perspective : “long term” > over 1 year
     
  22. Sad
    DucPeter got a reaction from UncleMikey in Answer chat: Wen Moon?   
    @BobWay Thanks for your answer, but excuse me for not putting my question clear enough. What I actually meant was: would you consider 'short term' to be a matter of weeks, months or even a few years? And when do we run into 'long term'?
  23. Haha
    DucPeter reacted to CG123 in Answer chat: Wen Moon?   
    This is Wen Moon:

    Apologies, I fully accept this adds nothing to the discussion. As you were!
  24. Like
    DucPeter got a reaction from XRPboi in Answer chat: Wen Moon?   
    @BobWay Thanks for your answer, but excuse me for not putting my question clear enough. What I actually meant was: would you consider 'short term' to be a matter of weeks, months or even a few years? And when do we run into 'long term'?
  25. Haha
    DucPeter got a reaction from xrp_is_love_xrp_is_life in Xrp will never go above 40 to 50$   
    Come on, that's like asking someone to have his pants pulled down in public.
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