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Everything posted by Kiwi

  1. They had a statement that the delay is due to the recent hacks, which implies they need further coding/testing/audits to make sure they are not vulnerable to these hacks as well. I just hope they wont release the network if they do not feel ready. Like someone said here, big names invested in them, it has to be flawless I can't see a single post where people want them to rush the lunch so they can dump their tokens. Even if there are posts like this, it is their full right to write/do so. Why so triggered? People complain how shitty PR they have, which is unfortunately the case. The only person acting like "something something" wining petulant children in here is YOU. PS. I do apologies in my name and in the name of others because many of us do not have capacity in a building new blockchain and because we are not developers. You should put it in your head that developers are nothing without customers. Without regular people using your blockchain, all you do is worthless.
  2. they should have just stayed in "development mode" for one more year, get everything done and then do a snapshot... with all the testing and delays going on, one would say they did not do a great job with coding... none the less I remain excited with flare network, it looks promising !
  3. And who is Mikey B? What degree he has in finance? He might be knowledgeable in crypto and how things work, but saying there wont be a 2year bear market because now is different, that is as he says: IDIOTIC. Trillions and trillions were printed last 2 years, how on earth can someone say there wont be a reset? The prices of iron, wood, construction costs are all over the place. They all shoot up significantly. Thinking this wont have an effect on crypto is crazy. There will be a pop, when? Time will tell! Cumrocket, safemoon, cryptopunk, random useless NFT shits selling for few millions?? Clearly sustainable. NOT.
  4. I would say 90% of xrp community does not know what a trustline is Thank you Brian
  5. Well, they gave 1B to Coil.. Is that project dead as well?
  6. Few years ago I was really excited with upcoming Q reports, now I cant be bothered to even open the link. Thanks for sharing tho
  7. I have few questions in my head. Let's assume there is a Data provider which does extremely good and he earns constantly the reward (Spark). Isn't it expected that this will draw attention to Spark holders, making them delegate their vote to that Data provider? 1) Doesn't that mean that the voting will get centralized over time since more and more people will use the same Data provider? 2) If one data provider gets like 70% of totals votes, how can 30% outvote him? 3) Can't that one data provider intentionally provide wrong data and get benefit out from it if he has like 80% voting power? For instance, can't he say that XRP price is 0.0001 dollar, making flare loan / mutual go mental and people lose money? @brianwalden @Flintstone guys, what is your opinion here? I would be happy to hear it. Thank you
  8. Thanks ! Yesterday I learnt there are Data providers and Agents. I thought they are the same, oops. Data providers send the price feed to FTSO and they get paid in FLR for doing so. Top and bottom 25% get nothing. Agents are responsible for minting F-assets (providing FLR as collateral), for doing that they get paid in underlying asset (they take small conversion fee). ************************* Lets say I have 100 FLR and I delegate 70 FLR to a Data provider. Can I move 30 FLR to Flare Farm or I can move all 100 FLR? Thanks Brain!
  9. Can someone clarify few things for me please? 1. Once we get FLR, we can delegate our vote to an Agent. If that agent is doing a good work, he will get payed in FLR and part of the reward will be distributed to us. Correct? 2. Can I move FLR delegated to an agent to Flare Farm, or they are locked? 3. XRPs we have, we can convert them to FXRP, and "give" them to an agent (?). For doing that, we will also get FLR. Correct? Can I move this same FXRP for Flare Finance or I can make a choice, 50% to an agent and 50% to Flare Farm?
  10. Hi, they say we will need to do KYC to be eligible for getting YFLR. Who is responsbile for carrying out KYC procedure? Is it Flare Finance? Any good argument to give all personal data to people we do not know who they are?
  11. are you paid by ripple to be so bullish on one more constant selling corridor?
  12. Combination of Chinese new year, wall street bonuses and xRapid testing
  13. Cant wait to use a service advertised by a fresh account where no registration or kyc is required
  14. Hello, thank you for keeping this updated! Greatly appreciated. I have few questions: Lets assume the price of xrp is 2$ and I decide to transfer 1000 XRP to flare network. This 1000 XRP will be "locked" and I will get 1000 FXRP, to get 1000 FXRP I also need 5000$ in Spark as collateral. (2000 dollar in XRP multiplied by 2.5 = 5000$ in spark as collateral ) 1. Is the above statements correct? 2. If I do not have enough in Spark, I cant get FXRP. Correct? Lets assume the second scenario, I have 1000 FXRP and 2500$ in spark. 3. What happens if XRP price goes to 4$? Do I need to provide additional 2500$ in spark to keep 1000 FXRP? Do I lose FXRP? Thank you
  15. USA was raised on forcing black people to work for white people, and killing natives and taking their land. I think this is called slavery and genocide. Do I need to go into the details what they did in lybia, syria, afganistan, iraq? So yea, people dont really have symphaty. Nothing personal. Anyway, why did you sign up for an airdrop if you knew it would cause you problem with taxation?
  16. I am not concerned, are you? If any of them use the missiles, world will pretty much be done with humans. This is very unlikely to happen. Just like Ripple unloading everything they got. If there is a tool (liquidity), which neautralizes the impact of dropping a bomb (dumping xrp or btc), one with bigger amount of that tool (that is bitcoin because it has higher liquidity) will easier absorb the bomb (dump on the market). This makes btc less scary. Btc = significant impact, unlikely to happen Xrp= profound impact, very unlikely to happen This is how I look into this, thank you
  17. Your argument would be valid if satoshi wallets are active. Which is not the case. They are inactive for years now. Once we see a movement on these wallets one can say that he is worried, because he doesnt know who is behind them ans what is his intension. We know now who was dumping 100s millions xrps, so yes, people were concerned with a reason, and that reason was proven to be justified
  18. Why do you think Ripple is transparent? They are in a silence mode for 3 years now. Writing a report every 3 months saying that ODL went up 20% is not a definition of being transparent. Ripple is not transparent, they just like to brag about it.
  19. Sup with mercuryfx , euro exit scam and that mexican bank that started using xrapid like 10 times in a single year. Did they go bankrupt? Took over the world? Or perhaps ripple didnt have moneyz to compensate for the fees? Sorry for my negativity, but I lost trust in ripple and their products. I am not convinced that ODL is what they claim it is. If it was really that disruptiv, something would have happened in last 3 years.
  20. What are you talking about? This came from the mouth of the execs, not some youtube moonboy retard. What kind of research should I have made based on that? Ask BG to take a polygraph?
  21. I bought XRP because BG said dozens of bank will use XRP in 2019, 2 household names, and due to other shilling Ripple created. Could you tell me what execs were doing meanwhile? It is not about them selling XRP, they are rightful to do so. However, they should have been transparent about it. Not because they are legally obliged to, but rather because they have information we do not have and because their bragging how Ripple is transperent. I mean, we have been listening for years how RIpple is transparent and how they call out others to be the same. And what do we get? We get both execs secretly dumping 500m dollar on retail investors. Geez, they have even email correspondences where they discuss how to create a speculation. Both of them played dumb and I hope the karma f***s them up.
  22. XRP doesnt have known inflation.. we do not know in advance how much will Jed or Ripple dump on the market... Deflation? non-existent
  23. The way you wrote it interprets like Ripple never required XRP because they are strong fintech company. Without XRP ripple would be bankrupted long time ago. Even DS mentioned few times that Ripple would be not liquid without dumping XRP. Tbh, judging by the things Ripple and their CEO have done so far , I wouldnt be surprised at all if they ditch XRP for ODL and just go with xPring which did nothing in couple of years. It only created further selling pressure. I mean, even Ripple employees which are active on this forum stated mutile times that Ripple owns nothing to retail investor. Now go figure.
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