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ringer2

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  1. Confused
    ringer2 got a reaction from Cesar1810 in The real benefit of the Moneygram partnership   
    Five days later the entire crypto space exploded. Had little to do with the escrow announcement. 
  2. Like
    ringer2 reacted to Bettergoham in XRP News Update: MoneyGram on Front Page   
    Believe me, I absolutely believe this will pan out, but these are the basic rules of finance that have existed forever.  No Risk, No Reward.  It is that simple.  Government regulation could suddenly squash everything or something better could come along. Yes I invested with cold hard cash, that does not mean my "vision" or "belief" should ever be blind to all possibilities.
    The truth is this, if there was no chance to fail the market would have already valued XRP much higher than it is today.  You, I, and everyone else in this forum would have mortgaged everything we own and exchanged for XRP.  That is simply not the case.
  3. Thanks
    ringer2 reacted to AlejoMoreno in XRP News Update: MoneyGram on Front Page   
    There is ALWAYS a chance that something won't workout.
    Ripple and XRP isn't a bullet proof omnipotent project that can foresee all things good and bad. If you have been following Ripple for a while then you can read about some mistakes that they have said that they made.
    Having said that, I do think it will succeed. However, there is definitely a chance it won't.
    Like Bettergoham said, Ripple and MoneyGram better be able to show printed results about how they are better off as a result of this partnership.
  4. Like
    ringer2 got a reaction from xrphilosophy in XRP price will never cross 1$ !   
    Don’t ask me. You won’t get the answer you want. 
  5. Like
    ringer2 reacted to Sirbergan in XRP price will never cross 1$ !   
    The notion of Ripple holding back the price is just ridiculous. They have no incentive to do so, as a higher price would benefit them, and a vast majority of their monthly XRP goes right back into escrow.
  6. Thanks
    ringer2 reacted to iLeeT in XRP price will never cross 1$ !   
    There's an even better idea here:
    You might want to check it out.
  7. Thanks
    ringer2 reacted to itcdominic in XRP price will never cross 1$ !   
    This is one of the silliest things I have heard.
  8. Thanks
    ringer2 reacted to ExArePee in Ripple is acquiring MoneyGram?   
    If the acquired MG, it would have been announced from the second it happened. This is complete speculation and has no proof of actually happening except for all the hopium addicts. Publicly traded companies don’t get acquired and then go under the radar for months until the company who acquires then announces it... this is so stupid it’s unbelievable
  9. Like
    ringer2 reacted to KaaKaRmA in Ripple is acquiring MoneyGram?   
    The XRP mass community is one of the easiest to fool. If a cartoon bear can get them, surely this would. Everyone is drinking too much of the hopium. Fortunately, there’s a large chunk on this board who are wiser than your average bear (pun intended). 
  10. Like
    ringer2 got a reaction from LetHerRip in 2019 and 2020 Price speculation / Bull run   
    Can you explain why you think adoption, even at the scale you describe, would require or create a total value of XRP much greater than the total value of the currency/currencies that currently do all that already? 
  11. Like
    ringer2 got a reaction from Julian_Williams in Increase in small - medium payments - [Galgitron]   
    This is great to see. 
  12. Like
    ringer2 got a reaction from DeathBox in 2019 and 2020 Price speculation / Bull run   
    Can you explain why you think adoption, even at the scale you describe, would require or create a total value of XRP much greater than the total value of the currency/currencies that currently do all that already? 
  13. Like
    ringer2 reacted to jtusa in 2019 and 2020 Price speculation / Bull run   
    Optimistic bunch in here.
  14. Like
    ringer2 reacted to ManBearPig in $10,000 Strategy   
    It is speculatively dangerous, AKA ‘high risk investing’ no matter what your strategy is. It only becomes financially dangerous when you invest more than you can afford to lose. And then of course there is financial recklessness which includes purchasing crypto with credit cards.
    I think the non-sarcastic version of Hodling is simply not getting emotional to what are the most volatile swings of any asset class in history. If you believe in the emerging use cases of crypto then your chances of success are probably higher if you just completely forgot about your investment versus trying to follow news daily and time the market. 
  15. Like
    ringer2 got a reaction from jcdenton in $10,000 Strategy   
    Best advice: Don’t buy crypto on a credit card. Ever. 
  16. Thanks
    ringer2 got a reaction from ManBearPig in $10,000 Strategy   
    Best advice: Don’t buy crypto on a credit card. Ever. 
  17. Like
    ringer2 reacted to King34Maine in I keep seeing Facebook coin / XRP rumors BUT   
    Well, let's just be logical about the whole Ripple/MoneyGram thing. The thesis behind Ripple's existence is to provide solutions to help streamline and remove the pain points for banks and FIs around the transfer of value. The value proposition in what Ripple has created involves maximizing the number of participants in RippleNet. This won't happen if Ripple, in turn, becomes a competitor to their customers. This is why it makes no sense for Ripple to purchase MoneyGram.  Just common sense reasoning here!!! Unless they are going to do something completely different with MoneyGram, I just don't see it happening.
  18. Thanks
    ringer2 reacted to KaaKaRmA in I keep seeing Facebook coin / XRP rumors BUT   
    There is no Facebook/XRP relation.  There is no Ripple acquisition of Moneygram. You should delete your Twitter and reconsider who you follow. 
  19. Like
    ringer2 reacted to mistatee2000 in Ripple is acquiring MoneyGram?   
    I agree that liquidity is crucial for XRP, however where measured approaches seem to be the way Ripple move forward, I would suggest that the benefits of acquiring Moneygram are far from certain, but then what do I know?
  20. Haha
    ringer2 reacted to dr_ed in Epic Pennant on BTC Chart   
    Sorry, Guess I missed it. Please use the #sarcasm button when being cheeky.
  21. Thanks
    ringer2 got a reaction from MikeTibet in $10,000 Strategy   
    Which is a hopium addict’s way of saying “take small losses.”  Seriously, man. This is a not nearly as easy as you might think it is. Way more traders lose than win. Trust me, I know. 
  22. Like
    ringer2 got a reaction from 2ndtimearound in $10,000 Strategy   
    The bots will eat day traders like the OP for lunch, spit him out and eat him again for dinner. Until he finally gives up, like most day traders. 
  23. Like
    ringer2 reacted to DutchPanda in $10,000 Strategy   
    You are very right brother. And I want to add one more tip: Don't rely on traditional stocks & bonds as your strategy to trade on Crypto: it won't work. TA won't work either. This market is still at it's infancy.The only thing that might work is your educated guess. It worked for me: I lost about 50% of my stack daytrading last year. Evertime I had the feeling I could time the market, I was wrong. It's almost like gambling: The first few times you'll win and you think you are that lucky ******** who knows how things work. Remember it's far more difficult to take small gains than to accept big losses. That's how human psychology works: I you lose, you will try everything to get your money back, and that's the moment your investing skills will be conflicting with your emotions.
    I've learned my lessons:
    *1: shouldn't have invested in crypto during Bullmarket
    *2: shouldn't have been dragged away on FOMO
    *3: shouldn't have tried to understand trading this market because of it's infancy
    *4: I should have stepped into crypto in 2014.But at that time it was to shady for me to get in (whish i did)
    *5: put a limit to your investments, only invest the part you are willing to lose
    *6: Hodl and ride the crypto waves. Great chance you will win over time, and less stress.
    *7: post silly pic's and gifs on The Zerpening to keep up the spirit
    *8: If you can't handle the crypto stress, sell, get back your sanity and grow Avocado's or Pot. 
  24. Like
    ringer2 reacted to 2ndtimearound in $10,000 Strategy   
    "Give me a cheatsheet on how to make easy money, but don't worry, you can tell me privately the secrets of your success you spent years learning". 
    Reality: day trading is a great way to LOSE money for the vast majority of people.  If you think there's some easy way to do it, I'd venture you won't have the mentality to suffer losses ("the system doesn't work!")....nothing is "easy", but it gets easier if you're willing to put the time and effort into it...and that doesn't involve asking random people on a forum of a quick PM as to the secrets of their success.
  25. Like
    ringer2 reacted to AlejoMoreno in XRP NAME MEANING and should it be changed   
    It never meant Ripple Protocol. It simply meant "Ripple(s)"
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