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Posts posted by Rey

  1. 9 hours ago, xrp_sea said:

    Can we please ban the digits 589 on this forum? It's getting beyond stupid. Sorry, but I the people that believe this are just delusional.

    Hey @xrp_sea If there are topics, opinions and posts that you don't like, just ignore them. Calling people delusional just because they believe something that you don't buy isn't nice. And please let's forget your first request as banning the digits 589 is just as stupid as banning the characters aeprsx_ 

    Back on topic: sure, the sceptre might be a symbol of POW though as a sceptre figuratively means a sign of royal or imperial authority or sovereignty, maybe there are alternative explanations ...

  2. 13 hours ago, Eric123 said:

    @Ripple-Stiltskin  This is hardly a scientific study.  LOL  Facts LOL, my stomach hurts.  C'mon the Netherlands LOL.  

    Just some facts, @Eric123 ... the first share ever (VOC, in the year 1606) and the first investment fund ever ("Eendragt Maakt Magt", in the year 1774) were Dutch. For reference, The United States Declaration of Independence was created and ratified in the year 1776 ...

  3. Thanks to @karlos and @rootvegetable for explaining! I agree with them and also with @Tinyaccount.

    Please people, stay level headed and think. There's a balance between trust, control and risk. First of all XRPchat is a great FREE service to the community. The site administrators and moderators put a lot of resources, time and money in keeping this service available and in good shape. Many volunteers contribute to support their effort. If you don't trust their service or actions, you're FREE to use other media/third party services.

    Second, XRPchat is an online service, so despite all the effort and hard work, there's always a chance that the site gets compromised/hacked and your data could be stolen by someone. So think before you post and just don't post any data that you consider private and sensitive.

  4. 8 minutes ago, Ripple-Stiltskin said:

    Yeah, the lesson is not to assume things until we see facts. ( I’m a notorious fact checker, don’t like intuitive assumptions). 

    Well, I respectfully opt to disagree to some extend here. I agree that if facts are available or if they become available one should always have the flexibility to adapt/disregard an assumption conform those facts ... though I don't think that assumptions are wrong and useless per se.

  5. 8 minutes ago, Ripple-Stiltskin said:

    In the survey:

    Since the “ crash” only 1% of retail investors has sold ! 68% did just hodl, 17% traded and 14% has accumulated ! 

    There it is! 

    Yes, though the survey also states: "Dit rapport is het resultaat van dit marktonderzoek dat in februari 2018 onder Nederlandse consumenten is uitgevoerd."

    So the data collection seems to date from February 2018 ... meanwhile we've seen nine to ten months more bear market ... would be interesting to know if those numbers have changed ...

  6. 2 hours ago, Ripple-Stiltskin said:

    Lol ! 

    Seriously:  “ retail investor” is a huge generalisation, as if they fit just one profile.  I know many retail investors here in the Netherlands: semi prof traders, hodlers, total noobs, pensionado’s etc etc. 

    And retail investors in South Korea are very different I’m sure. 

    That’s the beauty of this market imo: it’s a set of complex factors determining the price and direction, making it unpredictable by nature. 

    Sure, fair enough. My point is that many of them probably already left the crypto market or have significantly decreased their investment. Would be interesting to know more about the current crypto investors, the amount of their investment and the market share as a group. IIRC analyst Tom Lee estimated that institutions have app. 4% of the market.

    A golden OOL for you as you seem to be a brave and determined retail investor :)



  7. As I think there are two reasons for this continuous bear market in 2018, first a correction on the very high crypto gains in 2017 and second the very early and immature state of the crypto market, I think the current sellers are:

    * whales who got in early (and who probably don't have another source of income than crypto sales)

    * ICO project owners/leaders

    * Miners and other participants who have to fund their hash-war

    * @Ripple-Stiltskin (as there are probably almost no other retail investors left)

    * due to the early state of this market almost no institutional/smart money is in yet, though if there's any at all it won't be our friend and it's probably joining the shorting and selling in order to squeeze the last drops out of the lemon

  8. 1 hour ago, DutchPanda said:

    Correct me if i'm wrong, but adding 600 Million coins in circulation since yesterday would have had an 1.5% negative effect on the price ?

    (total Mc divided by 600 more coins = a lower price per coin?)

    Or am I not wide awake yet?



    17 minutes ago, scoobysi said:

    or more specifically 600mn (how I've always written it :) ) if sold OTC from escrow wouldn't have any affect on the market/exchange price, unless the buyer suddenly sold for less than market price, which I presume Ripple has strict rules on when they sell to a customer.

    Yes, agreed, If Ripple sold a large amount OTC you'd probably see no immediate price effect in this stage of the game.

  9. 3 hours ago, Hodor said:

    I didn't know it was stored at that location; but it looks like the latest number syncs up with CMC's listing.  I'm wondering why the "128th" entry seemed to have a larger number though? 

    I would expect that the 'distributed' number should always be increasing over time.


    1 hour ago, aye-epp said:

    right - this doesn't make sense. 

    Maybe that's due to the recent 200M escrow (in 5M chunks) as mentioned by @jbjnr ?


  10. 1 hour ago, Julian_Williams said:

    What do I not get?  XRP can be sent from XRP wallet to XRP wallet without having to use Corda software.  So if this does not convert to fiat, what is it bringing to the table?  Ease of use?  I think this feature is either more than just transferring XRP or is a feature that will be developed into XRapid 002


    Corda, being a permissioned private blockchain solution brings a.o. a smart contract API to the table. So I guess the R3 partners (mostly in the global corporate/enterprise realm), could incorporate smart contracts (via Corda) in their own business applications and use XRP for automagical payment/settlement.


  11. 8 hours ago, Julian_Williams said:

      On another thread people were speculating Corda transfers XRP without converting it into fiat to fiat, that is a lot less usable that XRapid.

    You could take the perspective of Corda having another use case than xRapid. Corda doesn't have a native DA. It settles in XRP if R3 partners want to. That's another use case than cross border payments where XRP is used for transport in order to settle a fiat to fiat transaction.

  12. 4 minutes ago, peanut56 said:

         I guess I was asking if the E.U. would revert back to pre-euro currency if an international liquidity tool was utilized to maintain the independence nations.

    To the above comment. Were Ukrainian borders not defended (treaty signed by U.S. and Europe to relinquish nuclear weapons) in order to avoid major conflict with Russian?


    1 minute ago, Naimless said:

    Ukraine is not a member state of the EU, but in answer to your question... probably.

    Indeed, Ukraine is not a EU member state ... furthermore the disputed areas (Crimea and Eastern Ukraine) are much more intertwined with Russian history than most EU parts of Europe.

  13. 9 minutes ago, zenkert said:

    Oh my oh my @Rey you have to go back at least 2 000 years in European history or even further down the road. Just as an example. The Roman Empire.


    I will rest my Case on this subject by saying that EU might be a way to try to ensure that WW1 and WW2 will not repeat cause they where both started in Europe.
    US is a Virgin Nation. Conquered like many other parts of the World by Europeans. So you better be beware. We might do it again :D
    Lot´s of love Sista!

    And you're right again ... if you'll excuse me I have to go outside ... have to watch for the evil savages from the north ;)


  14. Just now, zenkert said:

    Just had a laugh on that remark, since it is true. The difference between US and EU is that EU is national states, with a clear identity of their own.
    In US it is like - I am from Texas, but I live in the US. So I am a US citizen. In EU it´s - I live in (xxx) and my country are part of the EU community.
    In one way, I feel that it is sad the EU is trying to copy US in that sense. Kind of doing things backwards.
     - Ooopssss . . . . now I got into politics. Excuse me. It will not happen again @Rey

    Don't worry dear bull. It's an important issue and goes way beyond politics I think. Anybody who wants to understand why people in Europe feel the way you just described, and I think you're right btw, has to know a little bit about European history. Europe has a history of over a 1,000 years of smaller more or less independent societies, lots of local languages, cultures and interests.

    Another even more important issue would be ... how does Europe get a ticket towards a prosperous future ... that one is not very easy :JC_thinking:

  15. 4 minutes ago, Kiir said:

    And not all have the same currency yet, too.

    EDIT: Also, not sure anyone feels he/she is a "EU citizen" like US people do, which is kinda interesting, I guess.

    I'm sure most of the "EU citizens" absolutely don't feel any EU citizenship at all!

  16. 12 minutes ago, peanut56 said:

         I am an American so I have limited knowledge. I am ignorant on this. I do not mind criticism. I value the opinions of others.

    Would the E.U. consider splitting into separate countries as a result of the ease to process cross border payments. The reason I say this is that if each county was allowed to run its own financial system it would allow a more independent E.U. while also allowing the preservation cooperation. Isn't the strength built off of the ease of trade? This could ease any feelings of one loosing their country identity while preserving the strength of the E.U. ?

    Nope, the monetary union and the joint EU currency (EURO), are about the base of the EU. Think easier trading. Also right now each country has its own CB. They exist next to the more centralized ECB (though the CB's have a large say in the ECB's policy). It's a rather delicate balance of power.

  17. 37 minutes ago, djdhrubs said:

    Well unless I'm mistaken it doesn't matter whether it's xRapid or xCurrent, both can now use XRP.

    The functionality you're referring to is only included in a recent version of xCurrent. I don't think that Amex has tested that version yet (apart from all the additional organizational and regulatory implications that using that functionality probably would bring to the table).

  18. 23 minutes ago, djdhrubs said:

    For some reason the volume is so low even at maximum I can't clearly hear what he's saying. But wasn't Amex confirmed as an xCurrent user ages and ages ago? Or is this xRapid related?

    Amex joined Ripplenet late 2017. Ripple made that announcement on November 16th of that year. It's really encouraging  to hear an employee of Amex saying that the tests were very positive and that they will continue. Amex mentioning that Ripple technology enables them to move funds within seconds from one part of the world to another part of the world is really awesome. It's not clear to me at this point what Ripple product/products have been tested.

  19. It's human nature to be more or less impatient. Many crypto investors aren't experienced investors. Also the continuous bear market in 2018 already did chase away a lot of retail investors. Add to that even many whales (think crypto project owners/leaders and early investors) probably don't have another source of income than crypto sales. And just like many of us, they also might value a dollar now higher than a possible five dollars in a few years time.

    Myself i'm more convinced than ever that crypto and more specific XRP will have a bright future beyond our wildest dreams. At the same time I think that this will take a lot more time than I thought about a year ago.

  20. 1 minute ago, Baka said:

    you can buy XRP and transfer without fees or really low fees?

    The trading fees and withdrawal fees of those four seem fair to me. The fees might depend on your payment method of course.

    Disclaimer: myself I mostly use Kraken for deposits/withdrawals as I live in Europe and Kraken has a German SEPA account.

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