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Crypto31

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  1. Like
    Crypto31 got a reaction from EcneitapLatnem in XRP Price Surge   
    That sucks, but it's not real unless you sell. 
    I don't even look at the value of my holdings. 
    That sounds like torture. 
    Just keep an eye on the price and don't plan on selling for a long time. 
  2. Thanks
    Crypto31 got a reaction from thinlyspread in Three things Amazon stock can teach you about XRP   
    AMZN doesn't pay dividends just fyi
  3. Like
    Crypto31 got a reaction from Soniax in XRP Price Surge   
    That sucks, but it's not real unless you sell. 
    I don't even look at the value of my holdings. 
    That sounds like torture. 
    Just keep an eye on the price and don't plan on selling for a long time. 
  4. Like
    Crypto31 got a reaction from Julian_Williams in XRP Price Surge   
    That sucks, but it's not real unless you sell. 
    I don't even look at the value of my holdings. 
    That sounds like torture. 
    Just keep an eye on the price and don't plan on selling for a long time. 
  5. Like
    Crypto31 got a reaction from Cesar1810 in XRP Price Surge   
    All the matters is if you believe it will be at e.g. $4+, three years from now
    If you truly believe that, and you can afford to let the money sit there, then you have nothing to worry about.
    If you don't truly believe it will eventually return to your DCA and more, then I can see why you'd be worried.
  6. Like
    Crypto31 got a reaction from Cesar1810 in XRP Price Surge   
    That sucks, but it's not real unless you sell. 
    I don't even look at the value of my holdings. 
    That sounds like torture. 
    Just keep an eye on the price and don't plan on selling for a long time. 
  7. Like
    Crypto31 got a reaction from Cesar1810 in XRP Price Surge   
    How are you bleeding to death? Unless you spent money that you can't afford to let sit there indefinitely? 
    It was always said to only invest what you can afford to lose and what you can afford to leave invested indefinitely. Because the nature of this whole market is unpredictable and in its infancy. 
  8. Like
    Crypto31 got a reaction from Ryyy20 in XRP Price Surge   
    That sucks, but it's not real unless you sell. 
    I don't even look at the value of my holdings. 
    That sounds like torture. 
    Just keep an eye on the price and don't plan on selling for a long time. 
  9. Like
    Crypto31 got a reaction from Viggo in XRP Price Surge   
    All the matters is if you believe it will be at e.g. $4+, three years from now
    If you truly believe that, and you can afford to let the money sit there, then you have nothing to worry about.
    If you don't truly believe it will eventually return to your DCA and more, then I can see why you'd be worried.
  10. Like
    Crypto31 got a reaction from Viggo in XRP Price Surge   
    That sucks, but it's not real unless you sell. 
    I don't even look at the value of my holdings. 
    That sounds like torture. 
    Just keep an eye on the price and don't plan on selling for a long time. 
  11. Like
    Crypto31 got a reaction from Cesar1810 in The big problem with XRP, and why you'll be waiting (a very long time)   
    "Banks" are being replaced by online banking solutions (PayPal, Venmo, Apple pay, Android pay, Coinbase, etc) and will have to adapt or die. A solution will come that makes brick and mortar banks useless, or already has. 
    They won't have the monopoly and luxury of using something like Swift for 50 years. 
  12. Like
    Crypto31 got a reaction from Ramforinkas in The big problem with XRP, and why you'll be waiting (a very long time)   
    "Banks" are being replaced by online banking solutions (PayPal, Venmo, Apple pay, Android pay, Coinbase, etc) and will have to adapt or die. A solution will come that makes brick and mortar banks useless, or already has. 
    They won't have the monopoly and luxury of using something like Swift for 50 years. 
  13. Like
    Crypto31 got a reaction from NorCalguy in The way I see it...   
    I don't feel that you explained how XRP is "elite". 
    It has actually been terrible as an investment vehicle unless you happened to buy very early/at the perfect time. 
    A large majority of people would have been a lot better off buying stock in Apple, Alibaba, etc. the past few years. 
    My investments in the stock market are doing a lot better than XRP. 
    So, it may have a lot of potential. But I don't see how it's elite. Elite compared to other "digital assets"? Maybe. But that's not saying much at all. 
  14. Like
    Crypto31 reacted to fatlever in The way I see it...   
    It's faith based investing.  I feel like most of crypto is faith based investing because unlike traditional stocks there are ZERO fundamentals.  You luck out or someone lucks out and gains big, this reaffirms their faith and zealots point to that as proof that people who held on were rewarded.  
  15. Like
    Crypto31 reacted to XRP_to_20dollars in The way I see it...   
    For me personally, this is the 2 things that have got me into this mess with XRP. Greed and Arrogance. 
  16. Like
    Crypto31 got a reaction from AlejoMoreno in The way I see it...   
    I don't feel that you explained how XRP is "elite". 
    It has actually been terrible as an investment vehicle unless you happened to buy very early/at the perfect time. 
    A large majority of people would have been a lot better off buying stock in Apple, Alibaba, etc. the past few years. 
    My investments in the stock market are doing a lot better than XRP. 
    So, it may have a lot of potential. But I don't see how it's elite. Elite compared to other "digital assets"? Maybe. But that's not saying much at all. 
  17. Like
    Crypto31 got a reaction from CryptoJym in The way I see it...   
    I don't feel that you explained how XRP is "elite". 
    It has actually been terrible as an investment vehicle unless you happened to buy very early/at the perfect time. 
    A large majority of people would have been a lot better off buying stock in Apple, Alibaba, etc. the past few years. 
    My investments in the stock market are doing a lot better than XRP. 
    So, it may have a lot of potential. But I don't see how it's elite. Elite compared to other "digital assets"? Maybe. But that's not saying much at all. 
  18. Like
    Crypto31 got a reaction from XRP_to_20dollars in The way I see it...   
    I don't feel that you explained how XRP is "elite". 
    It has actually been terrible as an investment vehicle unless you happened to buy very early/at the perfect time. 
    A large majority of people would have been a lot better off buying stock in Apple, Alibaba, etc. the past few years. 
    My investments in the stock market are doing a lot better than XRP. 
    So, it may have a lot of potential. But I don't see how it's elite. Elite compared to other "digital assets"? Maybe. But that's not saying much at all. 
  19. Like
    Crypto31 got a reaction from KevClem in The way I see it...   
    I don't feel that you explained how XRP is "elite". 
    It has actually been terrible as an investment vehicle unless you happened to buy very early/at the perfect time. 
    A large majority of people would have been a lot better off buying stock in Apple, Alibaba, etc. the past few years. 
    My investments in the stock market are doing a lot better than XRP. 
    So, it may have a lot of potential. But I don't see how it's elite. Elite compared to other "digital assets"? Maybe. But that's not saying much at all. 
  20. Like
    Crypto31 got a reaction from XRPboi in "Ripple-backed MoneyGram strikes deal with Visa"   
    Isn't what I posted in the OP an announcement of what you posted actually going live?
    They are both Visa Direct and MG hooking into that. 
  21. Thanks
    Crypto31 got a reaction from BBS in "Ripple-backed MoneyGram strikes deal with Visa"   
    Although this isn't massive news, I thought it was pretty encouraging: https://finance.yahoo.com/news/ripple-backed-moneygram-strikes-deal-134648796.html
    https://www.prnewswire.com/news-releases/moneygram-announces-new-debit-card-deposit-service-in-partnership-with-visa-300914094.html
     
    "MoneyGram—the money transfer company that Ripple has a $30 million stake in—announced yesterday a new debit card deposit service with Visa. The service, which works with Visa’s real-time payments platform, Visa Direct, will make it possible for MoneyGram customers to transfer money to over a billion Visa cards using MoneyGram."
    "Ripple bought a $30 million stake in MoneyGram back in June. At the same time, MoneyGram committed to using its xRapid service which utilizes its much-vaunted asset XRP. MoneyGram CEO Alex Holmes said, in a recent earnings call, that the money transfer giant was already using the cryptocurrency to make cross-border payments and that it was highly effective. 
    But will the new service utilize XRP?
    Well, in the past, Visa has made partnerships with crypto debit card companies only to later leave them in the dustheap. This would suggest that it wants to steer clear of any money that has ties to cryptocurrency. But, its recent partnership with Coinbase—which now offers a Visa crypto debit card—suggests that it is becoming more open-minded. And on top of that, Visa is investigating its own blockchain-based offering."
     
    It seems to me that the transition from traditional money to an Internet based system is inevitable. Also, it makes sense that something like BTC won't replace the entire financial system (banks, VISA, etc.).
    Ripple is positioning itself as a sort of conduit between the two (traditional finance & internet based finance), designing tools that allow the big players to transition to the new tech and still maintain dominance.
    I know I'm not telling you guys something you don't already know, but I thought this was interesting. 
  22. Thanks
    Crypto31 got a reaction from mathesmith in "Ripple-backed MoneyGram strikes deal with Visa"   
    Although this isn't massive news, I thought it was pretty encouraging: https://finance.yahoo.com/news/ripple-backed-moneygram-strikes-deal-134648796.html
    https://www.prnewswire.com/news-releases/moneygram-announces-new-debit-card-deposit-service-in-partnership-with-visa-300914094.html
     
    "MoneyGram—the money transfer company that Ripple has a $30 million stake in—announced yesterday a new debit card deposit service with Visa. The service, which works with Visa’s real-time payments platform, Visa Direct, will make it possible for MoneyGram customers to transfer money to over a billion Visa cards using MoneyGram."
    "Ripple bought a $30 million stake in MoneyGram back in June. At the same time, MoneyGram committed to using its xRapid service which utilizes its much-vaunted asset XRP. MoneyGram CEO Alex Holmes said, in a recent earnings call, that the money transfer giant was already using the cryptocurrency to make cross-border payments and that it was highly effective. 
    But will the new service utilize XRP?
    Well, in the past, Visa has made partnerships with crypto debit card companies only to later leave them in the dustheap. This would suggest that it wants to steer clear of any money that has ties to cryptocurrency. But, its recent partnership with Coinbase—which now offers a Visa crypto debit card—suggests that it is becoming more open-minded. And on top of that, Visa is investigating its own blockchain-based offering."
     
    It seems to me that the transition from traditional money to an Internet based system is inevitable. Also, it makes sense that something like BTC won't replace the entire financial system (banks, VISA, etc.).
    Ripple is positioning itself as a sort of conduit between the two (traditional finance & internet based finance), designing tools that allow the big players to transition to the new tech and still maintain dominance.
    I know I'm not telling you guys something you don't already know, but I thought this was interesting. 
  23. Like
    Crypto31 got a reaction from aavkk in "Ripple-backed MoneyGram strikes deal with Visa"   
    Although this isn't massive news, I thought it was pretty encouraging: https://finance.yahoo.com/news/ripple-backed-moneygram-strikes-deal-134648796.html
    https://www.prnewswire.com/news-releases/moneygram-announces-new-debit-card-deposit-service-in-partnership-with-visa-300914094.html
     
    "MoneyGram—the money transfer company that Ripple has a $30 million stake in—announced yesterday a new debit card deposit service with Visa. The service, which works with Visa’s real-time payments platform, Visa Direct, will make it possible for MoneyGram customers to transfer money to over a billion Visa cards using MoneyGram."
    "Ripple bought a $30 million stake in MoneyGram back in June. At the same time, MoneyGram committed to using its xRapid service which utilizes its much-vaunted asset XRP. MoneyGram CEO Alex Holmes said, in a recent earnings call, that the money transfer giant was already using the cryptocurrency to make cross-border payments and that it was highly effective. 
    But will the new service utilize XRP?
    Well, in the past, Visa has made partnerships with crypto debit card companies only to later leave them in the dustheap. This would suggest that it wants to steer clear of any money that has ties to cryptocurrency. But, its recent partnership with Coinbase—which now offers a Visa crypto debit card—suggests that it is becoming more open-minded. And on top of that, Visa is investigating its own blockchain-based offering."
     
    It seems to me that the transition from traditional money to an Internet based system is inevitable. Also, it makes sense that something like BTC won't replace the entire financial system (banks, VISA, etc.).
    Ripple is positioning itself as a sort of conduit between the two (traditional finance & internet based finance), designing tools that allow the big players to transition to the new tech and still maintain dominance.
    I know I'm not telling you guys something you don't already know, but I thought this was interesting. 
  24. Like
    Crypto31 got a reaction from SquaryBone in "Ripple-backed MoneyGram strikes deal with Visa"   
    Although this isn't massive news, I thought it was pretty encouraging: https://finance.yahoo.com/news/ripple-backed-moneygram-strikes-deal-134648796.html
    https://www.prnewswire.com/news-releases/moneygram-announces-new-debit-card-deposit-service-in-partnership-with-visa-300914094.html
     
    "MoneyGram—the money transfer company that Ripple has a $30 million stake in—announced yesterday a new debit card deposit service with Visa. The service, which works with Visa’s real-time payments platform, Visa Direct, will make it possible for MoneyGram customers to transfer money to over a billion Visa cards using MoneyGram."
    "Ripple bought a $30 million stake in MoneyGram back in June. At the same time, MoneyGram committed to using its xRapid service which utilizes its much-vaunted asset XRP. MoneyGram CEO Alex Holmes said, in a recent earnings call, that the money transfer giant was already using the cryptocurrency to make cross-border payments and that it was highly effective. 
    But will the new service utilize XRP?
    Well, in the past, Visa has made partnerships with crypto debit card companies only to later leave them in the dustheap. This would suggest that it wants to steer clear of any money that has ties to cryptocurrency. But, its recent partnership with Coinbase—which now offers a Visa crypto debit card—suggests that it is becoming more open-minded. And on top of that, Visa is investigating its own blockchain-based offering."
     
    It seems to me that the transition from traditional money to an Internet based system is inevitable. Also, it makes sense that something like BTC won't replace the entire financial system (banks, VISA, etc.).
    Ripple is positioning itself as a sort of conduit between the two (traditional finance & internet based finance), designing tools that allow the big players to transition to the new tech and still maintain dominance.
    I know I'm not telling you guys something you don't already know, but I thought this was interesting. 
  25. Like
    Crypto31 got a reaction from EcneitapLatnem in "Ripple-backed MoneyGram strikes deal with Visa"   
    Although this isn't massive news, I thought it was pretty encouraging: https://finance.yahoo.com/news/ripple-backed-moneygram-strikes-deal-134648796.html
    https://www.prnewswire.com/news-releases/moneygram-announces-new-debit-card-deposit-service-in-partnership-with-visa-300914094.html
     
    "MoneyGram—the money transfer company that Ripple has a $30 million stake in—announced yesterday a new debit card deposit service with Visa. The service, which works with Visa’s real-time payments platform, Visa Direct, will make it possible for MoneyGram customers to transfer money to over a billion Visa cards using MoneyGram."
    "Ripple bought a $30 million stake in MoneyGram back in June. At the same time, MoneyGram committed to using its xRapid service which utilizes its much-vaunted asset XRP. MoneyGram CEO Alex Holmes said, in a recent earnings call, that the money transfer giant was already using the cryptocurrency to make cross-border payments and that it was highly effective. 
    But will the new service utilize XRP?
    Well, in the past, Visa has made partnerships with crypto debit card companies only to later leave them in the dustheap. This would suggest that it wants to steer clear of any money that has ties to cryptocurrency. But, its recent partnership with Coinbase—which now offers a Visa crypto debit card—suggests that it is becoming more open-minded. And on top of that, Visa is investigating its own blockchain-based offering."
     
    It seems to me that the transition from traditional money to an Internet based system is inevitable. Also, it makes sense that something like BTC won't replace the entire financial system (banks, VISA, etc.).
    Ripple is positioning itself as a sort of conduit between the two (traditional finance & internet based finance), designing tools that allow the big players to transition to the new tech and still maintain dominance.
    I know I'm not telling you guys something you don't already know, but I thought this was interesting. 
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