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xrpmeplease

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  1. Like
    xrpmeplease reacted to EcneitapLatnem in How many of you have read the SEC Complaint?   
    One of the most important things to remember is that allegations do not equal guilt.
    Hur in Merica, yous incent til pruven gilty!
     
     
    But twitter... well twitter is the opposite... embarrassing.
  2. Like
    xrpmeplease reacted to captainjack in How many of you have read the SEC Complaint?   
    Nah, these are allegations, not facts. And besides the heavily distorted wording and narrative you choose to use on most of them, they lack context which they will be given in court. Sure, some of the allegations are a little unsettling and likely to be true. But not to the extent that it will wreck XRP and Ripple. In my opinion. And what responsibility does Ripple, Brad G., or Chris Larsen have upon what others do with their XRP lmao
  3. Like
    xrpmeplease got a reaction from Rty-Quilla in Charting the course of XRP   
    Best i can tell, between 1/2 to 2/3 of "everyone" can't tell whether up is down or sideways, regardless of their particular tastes. Capital is flowing and more and more is nowhere near enough. I'll profit form the next XRP parabolic and i've no doubt there will be one. How soon? Dunno...shoulda bought pot stocks, and more bourbon
  4. Haha
    xrpmeplease got a reaction from curlyfry in Charting the course of XRP   
    Best i can tell, between 1/2 to 2/3 of "everyone" can't tell whether up is down or sideways, regardless of their particular tastes. Capital is flowing and more and more is nowhere near enough. I'll profit form the next XRP parabolic and i've no doubt there will be one. How soon? Dunno...shoulda bought pot stocks, and more bourbon
  5. Like
    xrpmeplease reacted to Bill42069 in Charting the course of XRP   
    .80......we just raced to .80 a few weeks ago before the retracement?
    The fact that you put $5 and $100 next to each other and consider them both silly...come on man. $100 sure, I would agree that is stilly. Not sure if that’s attainable ever, maybe 5 years down the road if utility is implemented how we all hope it will but who knows. 
    $5 is definitely within reach in my opinion if we are in the early stages of a 2021 bull run. previous ATH was reached without the institutional interest that we’re seeing today. 
  6. Like
    xrpmeplease reacted to Beatrice in Charting the course of XRP   
  7. Like
    xrpmeplease reacted to Beatrice in Charting the course of XRP   
    Is there a way to mark someone as a Covidiot?
  8. Thanks
    xrpmeplease reacted to Panopticon in Charting the course of XRP   
    False
    Pretty much true, it is mostly 70+ plus people that DIE. But for every dead person you get another 20 persons that need hospitalization and another 20 people that will have to deal with permanent damage eg. in the lungs due to pneumonia fir the rest of their lives.  That is a heavy burden for every healthcare system.
    False. There are younger people dying. Pre-existent disease is considered merely being overweight or having some high blood pressure. A person 50 years old can easily deal with such problems and live another 30 years.
    Of course flu which is 10 times less contagious than covid will disappear with social distancing, lockdowns and masks. Makes perfect sense.
     
    Now that your crap is answered back to XRP please.
  9. Thanks
    xrpmeplease reacted to Julian_Williams in Charting the course of XRP   
    Ask the doctors and nurses in the wards that look after the patients whether covid is no worse than flu?
  10. Sad
    xrpmeplease reacted to JJJ2 in Charting the course of XRP   
    I ask the numbers. The numbers tell me that this year there is no excess of deaths in Germany and even in Italy.
    And I ask witnesses and witnesses tell me that cancer patients at the final stage, expected to die in few weeks, died of covid.
    They tell me that injured passengers of crashed cars died of covid.
    I have stopped believing in covid as a dangerous illness that can justify such a lockdown.
    I have recently read the opinion of a German doctor stating that giving oxygene to old patients is now recognised to be the cause of many deaths.In italy there are also such voices.
    But the mainstream propaganda states the contrary.
    I forgot another victim of covid. A very young one: Michel Grauso, 30 years died "of covid" last may. He had been in the hospital since 2018 when he was accidentally hit by a shot from the pistol of a colleague. He was in vegetative state since then.
    https://www.ilrestodelcarlino.it/bologna/cronaca/muore-di-covid-a-30-anni-è-la-vittima-più-giovane-1.5146701
     
    I also have friends working in hospitals and they are not going to take the vaccine.
     
  11. Like
    xrpmeplease reacted to jargoman in Jed running dry within 4 months ?   
    I don't think his goal is to destroy XRP. His goal is likely to force ripple to sell their bags at a cheaper price and keep XRP from being centralised. If not his goal is to simply sell his XRP and make money. He's limited to how much he can sell at a time so he sells the max he is allowed. He wanted to dump it all at $0.005. He's not some evil mastermind. He has his reasons for what he does. I think he's gone too far. He burned half the supply of stellar. He could burn the rest of his XRP if he wanted. He may shock everyone and do so. I don't think he props up the price of stellar. He may be using the money to pay stellar developers. 

    The more he sells, the cheaper XRP is and the more of it that's in circulation. If ripple wants to fund operations they have to sell at a cheaper price. He's making ripple part with their bags while putting coins in the hands of the community. Spreading the wealth around more. However at the same time he's bleeding the community of value. 

    He's against centralisation yet he is a central figure in crypto.  

     
  12. Thanks
    xrpmeplease reacted to jbjnr in An ODL update (Dec 2020)   
    I haven't posted an update on ODL traffic for some time, here's an update. Please note that I am only able to infer ODL traffic based on 'on-ledger' transactions - if there is ODL traffic that occurs soley on a single exchange, such as USD-EUR or USD-XRP-EUR or the reverse, then I do not capture it. The last time I posted anything about ODL traffic was when ripple made the switch from large treasury transactions to smaller payments. The switchover is clear from the quarterly totals of ODL traffic as you can see in this plot - there is a huge drop between Q2 and Q3 2020. December is just getting started, and hopefully you can see that Q4 2020 is already as large as Q3, so we should be looking at reasonable growth by the end of the year (maybe as much as 25% up compared to Q3).
    Quarterly traffic - Please note that the currency labels are guesses - the assumption that bitstamp->bitso traffic is USD->MXN may not be true as bitso now trade other currencies, but since I am only looking at ledger traffic, I cannot be sure of the source/dest currencies - so the colour bars should simply tell you that corridors exist in those areas - the fact that USD/MXN exists in multiple bars is simply due to the fact that multiple wallets/tags operate between bitstamp/bitso regularly.

    Weekly traffic looks like this

    you can see that after the switchover in traffic in early june, there has been a gradual but slow rise in traffic that fluctuates randomly - no doubt due to both fiat and xrp exchange rate and volatility. It is encouraging to see that traffic is still gradually increasing with a noticeable uptick over the last month or two.
    Daily traffic looks like this

     
    You can see a little more fine structure on the daily rates, with the weekend drops and recent rise in mon-fri transactions. Here's a close up view of June 2020 onwards

    There is a big drop last week for thanksgiving in the USA, but apart from that you can see daily rates are doing well and gradually rising - weekend traffic seems to be rising slightly as well.
    Total ODL volume and 2 week average looks as follows, here, in blue I've added the XRP price - just so you can see that there is no correlation at all between ODL volume and xrp price. I had wondered at the start of 2020 when ODL volume picked up sharply, and price rose for a couple of weeks, that perhaps there might have been some effect, but it is clear from the rest of this year, that speculative activity dwarfs all other effects.

    My favourite plot for looking at activity is this one

    What you see in the above 5 plots are the ODL traffic in bands of value, 10USD->100USD, then 100-1000, 1000-10000 and so on.
    The top 10-100 chart shows a steady slow climb in activity over the last year - the total amount is still a pittance, since even thousands of transfers per day, doesn't amount to millions in value, but the trend is up in a steady fashion. Someone is making regular, but small, remittance payments and gradually building up.
    The second 100-1000 plot is quite interesting - here we can see a gradual uptrend, superimposed onto random noise and a signal that looks like a monthly cycle, where payments are peaking with a periodic frequency of around a month. The peaks and troughs appear to shift slightly - so we're not seeing a regular end of month payday triggering remittances - but it may nonetheless be an affect caused by paypackets being received monthly - with remittances being sent when convenient (depending on day of week relative to the end of month etc etc). 
    In plots 3 and 4, you can clearly see the transition between treasury payments and smaller remittances where the traffic shifts from plot 4, to plot 3, but there is a gradual move back to plot 4 over the last few weeks as the payment amounts are creeping slowly up again. So far we still only have a handful of corridors open, so total volume is low, but if and when more corridors come online, things ought to pick up noticeably and will show up. I hope we don't have to wait another year to see more traffic.
  13. Like
    xrpmeplease reacted to Troote in Price prediction and kind reminder to sell!   
    You do realize that the US are not the center of the world and that a huge chunk of the money flowing in and out of XRP comes from Asia and Europe, right? Are you applying the same diligence in your efforts to "price the current situation" by analysing geopolitical context in China and other major countries?
    Your whole approach sounds very tinfoil-y to me.
  14. Like
    xrpmeplease reacted to Troote in Price prediction and kind reminder to sell!   
    That's all very dramatic. How about Bertie Bott's jelly beans instead?

  15. Like
    xrpmeplease reacted to Archbob in Ripple Not Happy With Regulatory Fog In US As Customers Worried About XRP   
    Its because we have freedom of speech(which has to be kept at all costs) so people like Trump are free to spread misinformation as they please. Just look at his record in court for all his claims.
  16. Like
    xrpmeplease reacted to bx549 in Ripple Not Happy With Regulatory Fog In US As Customers Worried About XRP   
    Getting a bit off topic of the OP, but I would say that the election was run properly. In fact, the system worked quite well. The problem here in the US is your second point. We can't agree who won the election because of the tribalistic nature that is reinforced by the media. It carries over to congress (now back on topic) and not much gets done. I don't see it changing anytime soon. There is money to be made by telling people what they want to hear.
  17. Like
    xrpmeplease got a reaction from Sotong in Charting the course of XRP   
    what? he's being pragmatic in determining his choices (belief is a poor choice of word here)...he may end being proven wrong or right, but his point was that he's done the work to determine his choices...
  18. Haha
    xrpmeplease got a reaction from Sotong in Charting the course of XRP   
    i really don't know how to respond to that...good luck to you.
  19. Like
    xrpmeplease reacted to Julian_Williams in Epic Pennant on BTC Chart   
    I think estimating how high the price will reach is a mugs game.  The most you can do is use TA and extrapolate, and this seems to give us an immediate "target" of maybe $1-2 and a secondary more fuzzy target $10 - 16.  These targets are fantasies, but they are not outlandish and they are a reason to invest and not to sell at .65 or .90.
    Estimates of up to $100 are more fantastical, but again they are based on extrapolations even further into the future on even less reliable metrics.
    Ruling out $2, $10 and $100 because you cannot imagine them happening, perhaps on the grounds that market cap at these prices would be that huge, seems to me a fair way of thinking, but not one I share.  Market cap is determined by the price the last XRP was sold and bought for, not how much money was put into buying XRP by all the investors that hold XRP.  Price can shoot up because of FOMO, hoarding, utility and followers of youtubers believing hype and falling for click bait. 
    We will see.  My personal plan is not to sell any XRP under $3, but plans change according to circumstances.
  20. Like
    xrpmeplease reacted to Zedy44 in Epic Pennant on BTC Chart   
    My wife is an RN at a level 1 trauma center so I get to experience everything a bit closer than most.  We've also seen first hand the ugliest parts of the virus affect people close to us.  We've had friends of ours not just lose their grandparents in their late 70's, but also their parents in their early 50's to the virus in the same month.  It has destroyed some families.  Of course for most folks who are either asymptomatic or otherwise unaffected by the virus it's just a big waste of time to lockdown.  The whole virus would be a non-issue if people in the US took the first lockdown seriously.  But yeah I'm sure no one wants to discuss the virus and the politics around it on this forum. 
    My point was I just don't see a large collapse in equities driving more institutional money into BTC.  Stimulus will do it along with inflation driven by the ridiculously low interest rates.
  21. Like
    xrpmeplease got a reaction from madToo in A short reminder   
    Thanks for this, you've clearly given this some thought. Some contradictory notions, and a tad nationalistic for my tastes, but I can see the consistent line of thought, and in fairness to you, we live a different reality here in Canada. And I'd guess we'd probably agree on more than disagree. As I get older, I find myself faced with the same contradictions at times, as well as being surrounded only by likeminded people. Current events have me seeking information from outside my bubble, and questioning my own views. 
    And one thing we definitely agree on is the taxation piece "at the place of performance". It's likely more subtle than that, but I agree in principle.
    Cheers to you! I'm not into autographs though lol  
     
  22. Like
    xrpmeplease got a reaction from tar in A short reminder   
    Thanks for this, you've clearly given this some thought. Some contradictory notions, and a tad nationalistic for my tastes, but I can see the consistent line of thought, and in fairness to you, we live a different reality here in Canada. And I'd guess we'd probably agree on more than disagree. As I get older, I find myself faced with the same contradictions at times, as well as being surrounded only by likeminded people. Current events have me seeking information from outside my bubble, and questioning my own views. 
    And one thing we definitely agree on is the taxation piece "at the place of performance". It's likely more subtle than that, but I agree in principle.
    Cheers to you! I'm not into autographs though lol  
     
  23. Thanks
    xrpmeplease reacted to tar in A short reminder   
    Some background: parents are working class (GDR), I've worked my ass up to the middle class by studying on a 2nd education way (Abitur, business informatics). Now, as SAP consultant/developer I have a relatively high income and am building up my wealth steadily. Furthermore, I am in the comfortable position to work > 90 % remotely since several years.
    My political views are based on putting reason before all morality. That means that I strongly advocate personal responsibility as well as general mutual responsibility, which essentially includes the possibility of letting as high a proportion of the population as possible participate economically on their own responsibility and to promote it to such an extent that an own enterprise does not become a general life risk until death.
    In this respect, I have a revulsion against one-sided and unfair methods of support such as gender quotas, unlimited child benefits, unchecked asylum applications, a basic income, etc. etc., which in the course of time only lead to the replacement of competent service providers (net payers) by incompetent position holders (net recipients) and thus tear apart the social fabric.
    Furthermore, in the sense that the middle class is the pillar of society, I consider the social obligation of property, which is anchored in the German Basic Law, essential to ensure sufficient stability of general economic structures, which ultimately makes me a proponent of an individual asset ceiling. At the same time, however, I am of the opinion that first and foremost private property and above all the rule of law should be preserved (since without this no private property can exist).
    In this respect, I consider it essential to decisively oppose the power of multi-jurisdictional corporations by determining taxation at the place of performance - and not on the basis of dubious company headquarters.
    Thank you. I send autograph cards on request
    Joking, of course and I have no idea, if my blabbering is really that interesting, at all.
  24. Thanks
    xrpmeplease reacted to tar in A short reminder   
    Ye, 0.58 was no problem - therefore 0.80 is. Next would be 1.00 followed by 1.25 and there will be several more corrections on the way upwards. Some will take only hours, some days, some weeks.
    You could follow those strategies, in general:
    just set you sell order at your wished target price and do not look at the chart (otherwise it will be hard to sleep through the nights) this could be combined with stop losses - but here you could miss out on heavy bullish moves after slight corrections try to time particular fib levels and sell/buy massive amounts (very hard as you do not know which fib levels could be ignored, means how far a movement will go, you could also miss out bullish moves) look at my last update where all the fib levels are given: sell parts of your stack on the way up and buy back on the corrections down (a bit before the fib levels are reached or percent wise)
  25. Like
    xrpmeplease got a reaction from tar in A short reminder   
    Thanks for the links, great reads.
    Granted I don't feel I'm equipped to debate you (curious as to what you background is), but is it possible your thesis reflects your political leanings as much as the subject matter/analysis contained in the articles? Just curious.
    And thanks for posts re market analysis, etc. as well, you are one of my favorite resources on this forum.
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