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Everything posted by Scout

  1. Yea, I wouldn't get too far ahead of the game. The only time i've ever made any money from XRP is not by holding it but by shorting it. Banks using XRP at this point in time don't appear to have any influence on price.
  2. Does that mean now that coinfield is owned by an American company they will proceed to remove XRP from their exchanges?
  3. You are absolutely correct. XRP just needs to maintain $1.00 / XRP to be used by the global economy. The real question is how the heck does it surpass $1.00? Technically it should never happen. For speculators XRP is a big $hitcoin. But for the economy it has huge benefits because of it’s utility. If you want massive gains your in the wrong network. $hitcoins will always out perform utility tokens with nice price movements.
  4. Most importantly, even though most companies or Ripple affiliates have pulled out of XRP all together there's one service we all know we can all rely on... PORNHUB for XRP. Go P0RN! Go to the M00N!
  5. Guys the bull run has already happened when BTC reached 60k. Now we are heading for a pullback and XRP will most like be leading this fall as usual. Great time to sell before we're back at 20 cents.
  6. XRP is only increasing in value right now because Bitcoin says so. XRP just doesn't have the capacity to increase in valve because very few can use it.
  7. Im pretty sure Gary’s tone had to change or they would threaten the lives of him and his family. Gary has become the official SEC chair puppet.
  8. I was always under the impression the Flare airdrop hasn't taken place because they are struggling with being able to release it due to regulatory problems with Exchanges. The Ripple lawsuit not helping their case and the US Congress being slow with enforcement. I guess I always contributed Flare's lack of movement a result of the trouble they could get into in the US if they push out all these free tokens. I wish the entire crypto space would just leave the US and let the US doing their own thing while the rest of the world moves on.
  9. It probably was my fault for not using the proper title to identify the topic and source. We may have started it around similar times and perhaps his screen didn't refresh or he had started the article not realizing my vague post was about what he was going to talk about. I'm pretty sure he didn't do this intentionally.
  10. Thanks for the feedback guys and maintaining composure when faced with FUD articles. It's nice there is a place online where people with a lot of knowledge & patience don't mind keeping the rest of us informed.
  11. Exciting news guys money is flowing like information. It's finally here! It's what we have all been waiting for: "The service enables businesses and consumers to send low-value cross-border payments anywhere in the world in seconds with full transparency and strong security. Seven global banks, which collectively handle 33 million low-value cross-border payments per year, have already gone live with SWIFT Go, a key building block in the cooperative’s strategy to enable instant and frictionless cross-border transactions." https://financefeeds.com/ripples-xrp-now-swift-announces-cross-border-payments-seconds/ If I have one question for Ripple it would be: Good times!
  12. This is the problem. We are seeing this now. Public Exchanges that offer XRP are shutting down public access to this token. Public exchanges that don’t follow regulation get banned from Canada, Europe & the US. What good is holding XRP if you can’t benefit by trading it or cashing out because of regulation. All XRP holders will be screwed.
  13. Binance pulls out of Ontario Canada. No longer can users from Ontario use the Binance Exchange. Good Grief! https://www.binance.com/en/support/announcement/ba03469c86f34546bd25faf414730733
  14. Fnality has been dubbed ‘XRP Killer’. It was founded to create a cross-border settlement framework among participating banks that will utilize a fiat-pegged cryptocurrency. https://financefeeds.com/ripple-lurks-as-r3-and-fnality-aka-xrp-killer-power-new-fx-swaps-platform/?fbclid=IwAR2kzTxLp8-uPeT_b7V-JJRhVprOJSkEseSBf194nLPnxyUIZlHTDFxKce8 This lawsuit has really crippled Ripple and slowed them down long enough for their competition to catch up.
  15. My TA for the day. The price can go up or the price can go down. Take your pick.
  16. Pretty much every $hitcoin has out performed XRP. So I seriously doubt there's any reason not to buy Dogecoin. You can always take your profits from $hitcoins and invest them into XRP to lower your risk and diversify your spread.
  17. In the past the best entry into XRP was to take your FIAT, buy some $hitcoin with no utility. Wait for it to pump 1000x then dump it into XRP when XRP is falling. That way you get the best bang for your buck. I remember when I first bought into XRP 4 1/2 years ago I was expecting the switch to be flipped any day. Who knows how much longer we will need to wait before any relevant price action happens. Could be this month, could be in 5 years. No one really knows and may never happen. XRP might get pegged to the US dollar after regulation and we'll never see a price higher than 1USD / XRP. Ripple is trying hard to prove XRP is stable in price but it is nothing of the sort. Whenever BTC drops XRP face plants. The entire market is controlled by BTC there hasn't been any price separation from BTC's influence. Ether is the same way and so are most of all the ALT coins.
  18. Sorry guys, couldn’t find a date on the article and it was my first time reading it. Thought it was new but I see this article has already been discussed in these forums back in 2016 as shown here. Probably not a significant article anyway. I should have done more research before posting here.
  19. https://australianfintech.com.au/westpac-says-rba-issued-digital-currency-would-boost-blockchain/ Warning this article is very bullish for blockchain. What’s XRP’s use case now? Looks like no central bank wants a middle man.
  20. No one really knows what's going on. Nor can anyone assume what will happen. The entire space right now is speculation until mass utility kicks in we are all sitting ducks influenced by big bag holders who short.
  21. Thanks for the reply. However, I don't see gaps in my post. X-current still uses ILP for settlement without using XRP. "xCurrent is built around Interledger Protocol (ILP), an open, neutral protocol, that enables interoperation between different ledgers and payment networks. The solution offers a cryptographically secure, end-to-end payment flow with transaction immutability and information redundancy". "ILP Ledger enables transacting parties to settle funds atomically, which means the entire transaction settles instantly or not at all – no matter how many parties are involved."
  22. The news comes out but if you actually look at the ODL traffic no one is really using XRP. Sure they might be using XCurrent but there is very little XRP volume hardly worth writing home about. It basically comes down to Banks using ILP and not XRP. They don't need XRP for fast transfers between banks and they seem to be quite happy without it. The only thing that seems to move XRP price is the influence of BTC value.
  23. No I'm following successful opportunities instead of beating a dead horse. My rule of thumb is if a company can't make a go of it in under 10 years then move on.
  24. Ripple has lost the game. They are out in the cold. Another company is stepping up to the plate and beating them at their own game. Ripple just wasted too much time to launch a product. https://banxa.com/ Let the charts speak for themselves. https://ca.finance.yahoo.com/quote/BNXA.V/
  25. The Ripple Lawyers who aren't treating this case seriously. It's very troubling listening to them rebut when they miss the point.
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