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peanut56

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  1. Like
    peanut56 got a reaction from StellaBlueZerps in Jeremy Hogan gives PREDICTIONS for SEC v. Ripple: 3 Pending Motions and Settlement Time!   
    So, if it is like construction sometime between tomorrow and next year. Joke aside, It looks like the recent petition to the SEC reached 30,000 signatures, which is on top of the last one, on top of the suit seemingly an inside job, on top of a government that is in an overall precarious spot do to recent events. I hope that the current leadership wishes to have a steady fair hand in an attempt to set precedence for the remainder of the current administration. In other words "do what is right" since currently the U.S. looks like corrupt FUBAR regime parading as a democracy.  
  2. Like
    peanut56 got a reaction from YoYo_Bg in Jeremy Hogan gives PREDICTIONS for SEC v. Ripple: 3 Pending Motions and Settlement Time!   
    So, if it is like construction sometime between tomorrow and next year. Joke aside, It looks like the recent petition to the SEC reached 30,000 signatures, which is on top of the last one, on top of the suit seemingly an inside job, on top of a government that is in an overall precarious spot do to recent events. I hope that the current leadership wishes to have a steady fair hand in an attempt to set precedence for the remainder of the current administration. In other words "do what is right" since currently the U.S. looks like corrupt FUBAR regime parading as a democracy.  
  3. Like
    peanut56 got a reaction from HAL1000 in Jeremy Hogan gives PREDICTIONS for SEC v. Ripple: 3 Pending Motions and Settlement Time!   
    So, if it is like construction sometime between tomorrow and next year. Joke aside, It looks like the recent petition to the SEC reached 30,000 signatures, which is on top of the last one, on top of the suit seemingly an inside job, on top of a government that is in an overall precarious spot do to recent events. I hope that the current leadership wishes to have a steady fair hand in an attempt to set precedence for the remainder of the current administration. In other words "do what is right" since currently the U.S. looks like corrupt FUBAR regime parading as a democracy.  
  4. Like
    peanut56 got a reaction from Julian_Williams in Jeremy Hogan gives PREDICTIONS for SEC v. Ripple: 3 Pending Motions and Settlement Time!   
    So, if it is like construction sometime between tomorrow and next year. Joke aside, It looks like the recent petition to the SEC reached 30,000 signatures, which is on top of the last one, on top of the suit seemingly an inside job, on top of a government that is in an overall precarious spot do to recent events. I hope that the current leadership wishes to have a steady fair hand in an attempt to set precedence for the remainder of the current administration. In other words "do what is right" since currently the U.S. looks like corrupt FUBAR regime parading as a democracy.  
  5. Like
    peanut56 got a reaction from Ahchai in Polysign has Awaken   
    Farts are always funny, thank you for editing. 
    I keep forgetting about polysign and then every now and then they pop up again. Glad to know they have a banking license that could allow banks to hold custody of crypto through polysign. Making a long reach here polysign could be given third party custody of escrow or something throw spaghetti at the wall, even though the validator network "not owned by ripple" actually controls the xrp. 
  6. Like
    peanut56 got a reaction from RobertHarpool in SEC trying to prevent XRP holders from involving in Ripple vs SEC lawsuit   
    I'm assuming you mean the SEC is threatening you, me, and every other person who invested in xrp. I take it as a threat as well, and yes it causes fear, nervousness, and anger about the situation. There is little we can do and I'm sure this is on the radar of the judge presiding over the case at this point. Maybe deaton will bring this up as the SEC is pivoting form Ripple to investors. 
    If by any chance that you thought I was threatening you or anyone else please know that I am not and if it came across as such please explain so that I can be more careful in the future. 
  7. Thanks
    peanut56 reacted to RipMcGillicuddy in Polysign has Awaken   
    I am so intrigued by their every move. 
    https://twitter.com/PolySignInc/status/1389634304527933442
    Edit: Farts, it didn't embed the tweet. 
  8. Like
    peanut56 got a reaction from RobertHarpool in SEC trying to prevent XRP holders from involving in Ripple vs SEC lawsuit   
    “Movants are essentially seeking to compel the SEC to bring an enforcement action against individual secondary market XRP investors.”
    They're threatening to come after us because they keep slapping themselves in the face? With all due respect if the SEC is watching this forum. Have respect for yourself and the public office you represent. The SEC is powerful and there is little to no reason to go after small time folks that have done nothing more than invest in a product they believed would be successful knowing full well all projects involved with the xrp ledger could fail. 
  9. Thanks
    peanut56 got a reaction from Wolfaolyth in SEC trying to prevent XRP holders from involving in Ripple vs SEC lawsuit   
    “Movants are essentially seeking to compel the SEC to bring an enforcement action against individual secondary market XRP investors.”
    They're threatening to come after us because they keep slapping themselves in the face? With all due respect if the SEC is watching this forum. Have respect for yourself and the public office you represent. The SEC is powerful and there is little to no reason to go after small time folks that have done nothing more than invest in a product they believed would be successful knowing full well all projects involved with the xrp ledger could fail. 
  10. Thanks
    peanut56 reacted to NightJanitor in SEC trying to prevent XRP holders from involving in Ripple vs SEC lawsuit   
    https://www.crypto-law.us/wp-content/uploads/2021/05/SEC_Memorandum-of-Law_Opposing-Motion-to-Intervene-050321.pdf
    Page 30 - the SEC's own words - neatly sums up:
    One sentence later, they're back to this shit:
    Beginning to see why Musk said that he had no respect for SEC.
  11. Like
    peanut56 got a reaction from agonyaunt in SEC files further response seeking to bar Ripple from seeking internal SEC staff materials   
    I hope it does and it will be a good day. As a person who has been on the receiving end of law enforcement corruption any win against corruption of those in power who willfully abuse that power is a good day. 
  12. Like
    peanut56 got a reaction from KarmaCoverage in SEC files further response seeking to bar Ripple from seeking internal SEC staff materials   
    I hope it does and it will be a good day. As a person who has been on the receiving end of law enforcement corruption any win against corruption of those in power who willfully abuse that power is a good day. 
  13. Like
    peanut56 got a reaction from Julian_Williams in SEC files further response seeking to bar Ripple from seeking internal SEC staff materials   
    I hope it does and it will be a good day. As a person who has been on the receiving end of law enforcement corruption any win against corruption of those in power who willfully abuse that power is a good day. 
  14. Like
    peanut56 reacted to JASCoder in Mike Novogratz slams XRP and dogecoin, calls bitcoin 'insurance'   
    There's one key salient point about the vast hoard of escrows RL owns which I think many don't consider... 
    RL aspires to play a key role in helping transform the global financial monetary system - solving a "multi-trillion dollar problem."
    Most critics of XRP seem to only focus on the single use case of a currency token; one no different in functionality along with the 1000's of others competing for a slice of the in-flow of speculative capital.
    Should RL's pursuits succeed by a significant measure, then fueling a growing liquidity pool of value at some predictable rate - routed only to agencies which aim to support the health and capabilities of the growing network - is exactly what you'd expect to see play out for a major player in the next generation of the new global financial infrastructure. Over the next ten years, they'll be needing every drop.
    To succeed at this goal, it will consume huge amounts of capital for the years to come. 
    IMHO, too few are looking at RL and "their" XRP reserves in this context.
    Given their humble beginnings, they've certainly made a good start, eh mates ? 
  15. Like
    peanut56 reacted to Neurotoxin in Pure, Uncut Hopium: The Case for a $300 XRP   
    Indeed, hence the Panda Express bit  I like you, you’re level headed. You’re very pro Ripple and XRP but you’re also grounded, something lacking in a large portion of the Ripple/XRP followers. They seem to be cultlike for some reason.  
  16. Like
    peanut56 reacted to Nat99 in Pure, Uncut Hopium: The Case for a $300 XRP   
    So... about market cap.
    Comparing 21mio BTC to 100b XRP is not like comparing M2 of USD to M2 of EUR. EUR and USD have 100 sub-units each ("cents" in both cases).
    But BTC has 100mio sats per BTC and XRP has 1mio drops per XRP.
    So... is 21m BTC vs. 100b XRP (and the subsequent multiplication by current price to get to market cap) really a valid comparison?
    Like, we compare GDP per capita and not per country when comparing two countries' economies. We do want to account for the value of the smallest unit possible.
    Then it's:
    Two quadrillion one hundred trillion Bitcoin units
    vs.
    one hundred trillion XRP units
     
    or 21 times more BTC units than XRP units in circulation.
  17. Like
    peanut56 got a reaction from Seoulite in Mike Novogratz slams XRP and dogecoin, calls bitcoin 'insurance'   
    2. "I've never liked the XRP token because you've got one group that owns so much of it. Let alone you've got the SEC breathing down the necks of the CEO, the founder, and the company." - On Ripple's token being a 'painful trade.'
    I agree with him. I don't like Ripple owning so much. The SEC thing well it is a shite show. It will be interesting what he has to say when both of these issues are settled. 
    Bitcoin being insurance. Sure, it is popular and has performed well. Once businesses truly begin to use bitcoin, it will be the "this is expensive" and look for other options. Long story short he is right about xrp in the short term. 
  18. Like
    peanut56 got a reaction from panmores in Mike Novogratz slams XRP and dogecoin, calls bitcoin 'insurance'   
    2. "I've never liked the XRP token because you've got one group that owns so much of it. Let alone you've got the SEC breathing down the necks of the CEO, the founder, and the company." - On Ripple's token being a 'painful trade.'
    I agree with him. I don't like Ripple owning so much. The SEC thing well it is a shite show. It will be interesting what he has to say when both of these issues are settled. 
    Bitcoin being insurance. Sure, it is popular and has performed well. Once businesses truly begin to use bitcoin, it will be the "this is expensive" and look for other options. Long story short he is right about xrp in the short term. 
  19. Thanks
    peanut56 got a reaction from Triceratops in Alex Oh Resigns from SEC; Melissa Hodgman Named Acting Director of Enforcement   
    https://www.sec.gov/news/press-release/2021-75
  20. Like
    peanut56 reacted to panmores in Ripple's Larsen: XRP Being Singled Out by SEC 'Perplexing'   
    Ripple starts to unite about everyone behind themselves against these overzealous regulators. So in the end the SEC might become a catalyst to truly ignite the IOV vision.
    Can't wait for the day Clayton and Hinman get their days in court.
  21. Like
    peanut56 got a reaction from DannyRipple in Ripple's Larsen: XRP Being Singled Out by SEC 'Perplexing'   
    I just came here to post this. It's saddens me to hear someone say how easy it is to work with x,y,z and then politely say the U.S. regulators are essentially not doing there job and have a cluster f',k of regulatory entities that can't come to consensus. I hope that we do not loose to China. If someone here is Chinese please know I have nothing against the Chinese the people, but the CCP just like the United States has done historically when on top begins to abuse its power. Little rant here, I loved the idea of having an intermediary currency that was not bound to the politics of a nation and therefore could in time escape the grasp of any nation willing to weaponize it. 
  22. Like
    peanut56 got a reaction from retryW in Even gamers think POW is terrible.   
    https://www.reddit.com/r/pcmasterrace/comments/mzl4qf/trigger_warning/
    I found the comment section rather interesting. Maybe someone with greater technical knowledge could estimate the actual hardware usage comparision between POW and POS/other non-mining apparatuses. I understand the problem in terms of actual electricity usage, but never really though about in terms of chips, gpu's, and overall waste produced as a result of the hardware's end of life. 
  23. Like
    peanut56 got a reaction from JASCoder in Ripple's Larsen: XRP Being Singled Out by SEC 'Perplexing'   
    I just came here to post this. It's saddens me to hear someone say how easy it is to work with x,y,z and then politely say the U.S. regulators are essentially not doing there job and have a cluster f',k of regulatory entities that can't come to consensus. I hope that we do not loose to China. If someone here is Chinese please know I have nothing against the Chinese the people, but the CCP just like the United States has done historically when on top begins to abuse its power. Little rant here, I loved the idea of having an intermediary currency that was not bound to the politics of a nation and therefore could in time escape the grasp of any nation willing to weaponize it. 
  24. Haha
  25. Like
    peanut56 reacted to panmores in Ripple's Larsen: XRP Being Singled Out by SEC 'Perplexing'   
    "... perplexing that happened literally on the last day...."
    CL still confident to become no. 1.
    Says it's so easy to work with regulators in Singapore or the U.K.
     
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