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wogojump

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  1. Yes, would be very unlikely that at least a few large players with this information did not sell ahead of time. I believe SEC employees may still be able to still buy and hold certain crypto, as these surprise lawsuits are filed against crypto companies. Which is a huge conflict of interest and unfair advantage for for them.
  2. Like others have said, the Ripple's legal team has ex SEC employees. So they already know the types of internal communications that were sent out (for the time period they worked at the SEC). There is a time period where additional communications have been sent out since them leaving their SEC roles. But still, these communications were sent to numerous employees internally at the SEC. Even if they wanted to try and hide one of these communications, all it would take is one whistle blower internally at the SEC to say they saw that type of documentation (that wasn't shared in this case). This would most likely result in jail time for those who tried burying the documents. As well as many other significant negative implications for the SEC.
  3. This is also a week after Ripple won the decision by the judge for them to read through all the SEC's formal internal communications tied to this case (memos, meeting notes, etc.): https://www.coindesk.com/sec-ripple-discovery-bitcoin-ether. We all knew SEC was contradicting itself up to this point. Then Tetragon was ordered to reimburse Ripple's legal fees based on this decision within the last week: https://www.financemagnates.com/cryptocurrency/news/tetragon-lost-case-to-reclaim-175-million-ripple-investment/. I am sure Berger knows he wants to have a job somewhere else, once Ripple's legal team shares their findings on the SEC internal communications.
  4. First Clayton and now Berger. Who still supports this case? Everyday there are more people that are against this case and the few supporters are dropping like flies.
  5. In general its good advice. But its poor timing and execution by David. Tweeting this at the middle of the night, during SEC lawsuit, while XRP hits all time high within last 3 years, and having access to insider trading information; is not a good approach. Everyone should consider selling at least some of their XRP during the height of this bull run. But, the way David is communicating this recommendation, could cause him more problems than actually helping investors.
  6. In the past crypto bull markets, XRP has typically trailed at at end of the cycle. XRP and other cryptocurrencies typically drastically increase in value for the ~6 month bull run period, then significantly decline after. I do agree Jed running out of XRP is bullish and helps remove a significant ongoing sell factor for XRP. But, I am anticipating the hype for Jed running out of sales and price of XRP being traded at this future time, will be over hyped/valued. I am expecting a significant correction may be due shortly after this event. Every cryptocurrency bull run so far, has had a significant crash after the bull market ends. I will still consider buying back in after this bull market ends, based on positive factors like selling pressure being reduced. One factor to consider as well, is Ripple and their executive's ability to still mass sell XRP after the SEC lawsuit is finished. At this time, it appears they will most likely still be able to continue selling XRP (which eventually is bought back by retail investors). There are no guarantees how much and what strategies they will continue to use for selling XRP.
  7. Jed finally running out of of XRP has been a huge anticipation for many people over the last few years, including myself. I plan on using this as one of my personal triggers for selling my XRP holdings, when Jed's holdings fully deplete. Which could come very soon if XRP continues to blow up in this bull market.
  8. Lol, that backfired a bit. In reality though, if Ripple keeps destroying lawsuits like this with the SEC case. The $3.4 million fee Tetragon had to pay back to Ripple on this case, will be negligible compared to Tetragon's profit they will eventually make by having to hold onto their original $175 million investment in Ripple's series C stock.
  9. I had to look up specific examples, to get a better idea. Internal staff to staff emails on not shareable, but any thing more formal like minutes and memos are shareable. https://forkast.news/xrp-ripple-wins-access-sec-documents-bitcoin-ether/ This isn't quite as bad for SEC, but I would still bet they messed up somewhere on these.
  10. This case keeps getting better and better. There has been many yellow flags so far, based on how unorthodox the SEC filed this case and unprepared they were. It will be entertaining to see what internal communications the SEC has on this topic. All it will take is one mess up on a SEC's side on their internal communications, for it to be game over. Based on how the SEC has been struggling and contradicting on publicly shared communications, I can only imagine how bad their internal communications are.
  11. I do expect the bull run to end sooner, than later. The bull runs have always been tied to BTC price movement. I believe all bull runs cycles in the past have lasted for around~6 months (from time prices really start ramping up to the date that all time high is hit). BTC prices started ramping up in November of 2020. This bull run could definitely go longer than the the historical average, but odds become less and less as this duration extends. I can't really accurately expect at this time if prices will ever drop below .90USD. This is too largely dependent on factors that are unknown to us at this time: Does XRP hit all time high again part of this bull run and best case scenarios occur this year? - we may never see prices get much lower than .90USD. Does XRP miss this bull run from SEC lawsuit and/or not all best case scenarios occur this year? -we probably will see prices dip below .90USD.
  12. There are good chances XRP price will go over 1.28AUD in the next few months based on factors like: Jed's sales coming to end soon. All crypto currently in bull run- XRP was one of the most suppressed cryptos up to this point when looking at value vs. trading price. There are multiple scenarios Where SEC settlement could come to a end this year, pushing up XRP price. XRP historically has been a late bloomer on the last bull runs. XRP has not yet hit its all time high (like most other major cryptos already hit and passed during this bull run). Even though I am expecting the above, I would personally not throw in any of my money at $1.28AUD+ during this bull run. I am going to wait for this bull run to complete its course, then see if I want to buy back in a year or 2, once prices crash a bit.
  13. One of the key factors that will impact the price of any asset or investment is business institutional interest in holding the asset/investment. Specific examples of this can be debated on level of impact and how to trigger enough interest for institutions to buy the asset. A few examples: Bitcoin: Exchanges- Holding large values of BTC, so they can support buying/selling on their exchange. This requires more BTC to be bought and held as interest in exchanges increase for this use case that they can profit off. Organizations like Tesla buying BTC - Appears Elon did this for plans to both accept BTC as payment and speculative interest based on expecting BTC prices will increase in the future. Grayscale and ARK funds have been investing in BTC. Stocks: Mutual funds and indexes- These types of institutions purchase company stocks based on factors like dividend history and speculated return on investments. Real Estate: Institutions commonly purchase and develop lands lots for residential, commercial, industrial, etc. So they can proceed forward with generating ROI. The cryptocurrencies that continue to increase the most in value in the future, will also have correlation with the most institutions buying and holding the asset for some type of use case. Likewise with XRP in the past few years, selling XRP back to retail investors and suppressing the price has opposite impact on driving future institutional interest.
  14. This is an area the XRPL foundation needs to improve on, to make it easier and more accessible for stakeholders like yourself to get involved on. At this time I would recommend: Participate in the Github XRPL discussions posts, including: https://github.com/XRPLF/XRPL-Standards/discussions/30 (as noted above) Follow and watch this streamer channel on twitch.tv- They will be discussing all types of technical concepts, including NFTs: The currently available functionality on the XRPL for NFTs is far from being ready for individual developers to mass integrate applications into. In order for mass adoption and real uses cases to built on XRPL. This will require stakeholders like yourself to both understand the current functionality and make proposals for implementing key functionality on the XRPL, that will be required for real uses cases and mass adoption.
  15. I haven't read through the white papers, but I am sure David Schwartz has spent plenty of time analyzing the consensus framework like noted above. In latest RippleXDev twitch.tv stream he also mentioned his opinions when to implement functionality into the existing ledger blockchain code base vs. forking to a new system. Basically, he summarized any types of changes can be made to the existing XRPL software code (which is safe to say includes potential proposals like above). It just comes down to proposing value adding changes that the governance structure agrees to implement. He does agree there are needs in certain scenarios to fork systems. One of the negatives of choosing to fork, is forcing end users to choose to utilize one or the other blockchain system going forward. He believes much like the US dollar, value is increased when all users are using one system.
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