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Everything posted by Kiwi
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If you have an account with one of the exchanges that dropped XRP...
Kiwi replied to gamblin310's topic in General Discussion
"I've only heard Brad talking about being long Bitcoin, over and over. Never heard him screaming. In fact, the complaint on this forum was that he was NOT stating clearly enough to be long XRP." I must agree here. People were pissed off because BG he was not saying he was long on XRP. Well, if he has said that, that would cause him even more problems. He was aware that he shouldn't say that. Which is good, I guess. "What should the execs do with their massive holdings, sit on it? " Of course not! They have also full right to sell it! Since they have like 30% of CIRCULATING supply, they -
If you have an account with one of the exchanges that dropped XRP...
Kiwi replied to gamblin310's topic in General Discussion
I am positive. I did not sell my xrp, I did not buy more. I think the outcome of this will be one big dump and pump. Of course, it is also possible that is deemed security. We will see. XRP is the biggest gamble now, you can lose a lot or earn a lot in a very short period in case this is settled really fast. I do no think Ripple wants this to take much time. This will literally destroy them. You don't have that income from selling XRP, you can't find new clients, you cant expend, retail investors are turning their back on you, etc. In case this takes over a year. I will sell for sur -
If you have an account with one of the exchanges that dropped XRP...
Kiwi replied to gamblin310's topic in General Discussion
In my country "reading FOR understanding" is thought in First class of Primary school. I will use your methodology here. You either did not go to school or an idiot. You see? There is no point calling anyone an idiot. I do apologize. I have problem with 2 CEOs earning 600m dollars in bear market where they were screaming they were LONG on XRP. I have nothing against Ripple distributing XRP unless they are not honest how they do it. Btw, I invested only on pre-mined coins. I am not fun of PoW. -
If you have an account with one of the exchanges that dropped XRP...
Kiwi replied to gamblin310's topic in General Discussion
Below is my opinion. I do not think it is possible to attack BG and CL without attacking Ripple. We have a long period where Ripple was selling XRP, and it seems that was fine. They have been doing that for YEARS. SEC knew what they were doing. Then you have one period where two CEOs earned EXTREME (why the F*** do you need 600m dollars?????) amount of money. On top of that, they were giving weird messages to public. "Major banks will use xrp by the end of 2019, 3 of top 5 remittance companies will use XRP in 2018, etc etc." Bunch of lies. People on this forum were mockin -
If you have an account with one of the exchanges that dropped XRP...
Kiwi replied to gamblin310's topic in General Discussion
In my opinion XRP was "attacked" because two CEOs earned 600million dollars in 2 years while they were screaming they are long and were looking for ways to pump the price. -
Grayscale Investments Removes XRP from Its Digital Large Cap Fund
Kiwi replied to solodeji's topic in Other Press
Naysayers will say it is only 1% of their holdings. The fact is, one of the bigger players in crypto showed a middle finger to XRP and its uncertainty. Anyway, XRP has by far the highest potential to moon if is not deemed a security. On the other hand, it can dive even more. One of the biggest gamble in the crypto space. Place your bets. -
What boggles my mind is how someone can buy Bitcoin. It consumes more energy than a small country, it is slow as 90y old granny and expensive as a modest escort
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The most disturbing allegations in the SEC complaint
Kiwi replied to garlichouse's topic in General Discussion
this hundred times.. people are to much focused on Security issue, while the main problem for me is the statement by SEC which makes you wonder if xRapid is really what Ripple claims it is... -
BG and CL have 10 billion reasons to not settle. They do not care about, you, me or anyone else. They wouldnt dump 600m in bear market if that wasnt the case. Would I invest if I knew this? Or that they are giving 30% discount? Hell no. I know that DS once said on Reddit, "why would we give anyone discount?". If some1 could dig this out I would be thankful.
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Interesting point. One day Greyscale might have +50% of coins. What would happen if their staff started commenting on the price and looking for ways to increase it. Would Bitcoin become security then? Makes no sense.
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Action plan after SEC complaint
Kiwi replied to equinox's topic in XRP Trading And Price Speculation's Topics
1) If for some reason SEC force Ripple to burn the escrow. How can Ripple continue making progress with ODL if they wont have XRP to dump on market? Will this force them to make new technology? In that case they can ditch it and just focus on Technology market. This is what they claimed to be. A technology company. 2) I am confident Ripple knew what is going on. How does IPO fit into this? Is this the way out in case they have to burn escrow? Can they be liquid without it? 3) Both Chris and BG are a$$holes. 600m dollar in few years from dumping on retail while they were saying about -
I am not worried about SEC. America is not the center of the world. What worries me is that ODL is most likely not cost effective as Ripple claim it to be. How can this be sustainable??? "340. Between early 2019 and July 2020, the “Money Transmitter” conducted the overwhelming majority of XRP trading volume in connection with ODL. Ripple had to pay the Money Transmitter significant financial compensation—often paid in XRP—in exchange for the Money Transmitter’s agreement to help Ripple increase volume on ODL. 341. Specifically, from 2019 through June 2020, Ripple paid the Money
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125. From approximately December 2018 through July 2020, Ripple issued at least 324 million XRP as fees, rebates, and incentives to entities associated with ODL, without restricting the ability of these entities to resell the XRP received as incentives into public markets. This XRP was valued at approximately $67 million at the time of Ripple’s payments. 126. These entities typically have resold all the XRP they have received from Ripple to investors in the public markets, typically on the same day that they received the XRP from Ripple I thought xRapid was cost effective like they c
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104. Ripple made many of the XRP Institutional Sales at a discount from XRP market prices. At least seven of the institutional investors—including some described below—bought XRP at discounts between 4% and 30% to the market price 106. In other words, Ripple expected that most, if not all, Institutional Sales buyers would sell their XRP into public markets and tried to protect XRP’s trading price by limiting the amounts that could be resold during any given time period. By selling at discounts to market prices, Ripple incentivized these buyers to seek to sell their XRP into the public mar
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Epic Pennant on BTC Chart
Kiwi replied to Eric123's topic in XRP Trading And Price Speculation's Topics
What makes you think Ripple cant bankrupt? If they must give back 1.3 billions they sold 1-2 years ago, I do not see why the worst case scenario couldnt be Ripple going bankrupt. On the other side, big players invested hunderts of millions in Ripple not that long timenago. You do not invest that money if you are not aware of the current situation and potential outcome. The only thing that looks extremly bad is both CEOs earning 600m dollars. This is crazy! I can lose some money, but they can lose much more. -
SEC Sues Ripple And Two Executives, XRP Dumps 20% On SEC Lawsuit Worries
Kiwi replied to Fleshmeister's topic in Other Press
3. Ripple engaged in this illegal securities offering from 2013 to the present, even though Ripple received legal advice as early as 2012 that under certain circumstances XRP could be considered an “investment contract” and therefore a security under the federal securities laws. 4. Ripple and Larsen ignored this advice and instead elected to assume the risk of initiating a large-scale distribution of XRP without registration. https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf What goes around, comes around. There are lots of "shady" things Ripple have done in the -
At least we know why ODL went to 0 couple of days ago. 1) xrp got clarity 2) it will be intresting time 3) that happens when you pay Clinton to dance for you on a party lol 4) dump and pump imo 5) stay safe everyone 6) 10000p salty comments and posts incoming, gl to mods
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I got that same email like 10 min after I withdrew from an exchange. Crazy timing
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Red Flag for Flare is your Exchange planning to keep some?
Kiwi replied to ODL's topic in General Discussion
I didnt do research on this and I will not participate in it. Do you think you could drop a link where it says how Spark token will be distributed? -
and then what? the same thing can do arthuro, BG and CL.. will they? we do not know.
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Add Ripplelabs, xpring.. on top of that we have no idea what arthur britto and larsen are doing... there is 0% chance they havent sold anything.. now you will get completly different story.. they have enormous impact on the price.. last year I calculated they are doing almost 5% of total sell pressure.. this is significant! Btc inflated for 11% in 3 years, Xrp inflated 17% in 3 years.