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Uloveme

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About Uloveme

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  1. Does your buddy has a more long-term perspective?
  2. XML going down... To me this is a really bad sign. No demand at all, even after burning 50% of the total supply.
  3. I've just scanned the document and they don't specifically focus on RippleNet or XRP: "The survey was conducted by a third-party and did not target Ripple customers." So I don't think the numbers provided in this report cannot be interpreted as how much progress Ripple is making. The one thing that comes back throughout the whole report however is the "flywheel": The key message is that more organizations are now moving to the production state and will soon deploy their products: "35% of respondents are in production and 27% are nearing implementation. Of those in production, 68% state they have deployed during the past two years." So the momentum is building up, hopefully we can also "experience" this at Swell tomorrow and get some actual news about organizations going live (preferably a medium-large bank )
  4. The problem with this is that this will allow the USA to have major influence on RippleNet and XRP, of course this is a good thing for the USA. However, basically any non-American organization (banks, central banks, companies, hedge funds) will have less interest/benefits of using RippleNet. Many countries want to get rid of the American power in the current financial system and Ripple/XRP can facilitate this. By giving that much power to the USA it will be quite likely that the majority will start looking for alternative technologies that will facilitate more freedom in the financial system.
  5. To the fed? No thanks, no one wants that. IMF/The World Bank sure, also makes a lot more sense.
  6. I already expected this question being asked once I saw the news from XLM and showing a (probably) short-term price increase. The increase in price however is nowhere near high enough to compensate the amount burnt. To me this only shows how weak the currency is, with not enough demand to justify the supply. If Ripple would do the same it would also show weakness in my opinion.
  7. Maybe Gottfried Leibbrandt is still available? 😉 Jk, I think Brad is still a good fit.
  8. If I understand it correctly, "liquidity" increases when the volume of XRP trading increases. One way to kick start this is by making a major announcement (bank and/or major corporations using ODL) as it will attract investors, speculators, and people who want to use it as a store of value. Swell is almost here, so lets see.
  9. Compared to the winter of 2017-2018 we are at rock bottom in terms of popularity/hype.
  10. https://www.globenewswire.com/news-release/2019/10/15/1929657/0/en/CoinField-introduces-SOLOGENIC-built-on-XRP-ledger-to-issue-stock-and-fiat-backed-stablecoins.html TALLINN, Estonia, Oct. 15, 2019 (GLOBE NEWSWIRE) -- CoinField reveals full details of Sologenic, a sophisticated ecosystem that facilitates trading of on-demand tokenized assets, including stocks and ETFs from 25+ global stock exchanges or fiat-backed stablecoins on top of the XRP ledger (XRPL). Introducing SOLO Coins (Ƨ) Sologenic deploys SOLO coins for market-making and liquidity providing. Coins are issued on the XRPL allowing liquidity to be moved in a matter of seconds. This creates a dynamic bridge between crypto assets and non-blockchain-based assets by being paired directly with fiat as collateral to settle with third-party brokerage firms. SOLO will be available for trading on CoinField’s existing exchange, CoinField’s upcoming DEX, and major global crypto exchanges. Tokenize, Trade, Earn and Spend Sologenic is merging traditional financial markets with crypto by leveraging the XRPL to enable ultra-fast and efficient transactions in real-time. Users can invest, trade, and tokenize assets such as stocks, ETFs, and fiat on-demand. For example, a tokenized stablecoin of TSLA or USD is presented as TSLAƨ or USDƨ. These stablecoins are tradable and redeemable against XRP and SOLO on both CoinField exchange & XRPL DEX. SOLO holders are eligible to obtain a free Crypto Card to use their crypto assets as collateral and spend instantly anywhere globally. “We’re making it easy for people around the world to have access to different global stock exchanges via the blockchain. Imagine living in Tokyo and being able to trade assets from NASDAQ, HKEX, LSE, Deutsche Boerse, and major exchanges on one secure platform. This platform tokenizes stocks on the XRPL as demanded, allowing you to trade it against any cryptocurrency and spend in real-time anywhere. Ultimately, Sologenic helps the mass adoption of cryptocurrency by allowing people to invest in stocks. It’s a WIN-WIN for everyone!" Said Bob Ras, CoinField CEO. SOLO Community Sologenic is a community-based ecosystem where users can participate in different decision making events and benefit from the SOLO Community Fund (SCF) and the SOLO Expansion Fund (SEF). Developers are encouraged to contribute to the Open Source SDKs and other decentralization initiatives. Users can voluntarily participate in multiple time-based reward programs and receive up to 20% rewards annually. It's time for the world to #GoSOLO and create a new financial ecosystem for the modern era. Learn more on: https://www.sologenic.com.
  11. https://www.bloomberg.com/news/articles/2019-10-11/ebay-stripe-exit-libra-in-latest-blow-to-facebook-crypto-push It looks like Brad was right, libra is going nowhere.
  12. Or you could see it as a contra indicator. The more people go short (indicating a negative sentiment among investors) the higher the chance we will see a major spike up as the sentiment can only get better. We'll see, I first want to see XRP to get a higher high before I become bullish.
  13. The fact that they use the term "Ripple killer" sounds very positive to me. In the video games industry the same thing happened to World of Warcraft, for a decade after its release basically any MMORPG that was being developed was supposed to be "the World of Warcraft killer". Using these terms confirm that Ripple/XRP is the benchmark and it looks like that it will remain that for a long time.
  14. As someone who doesn't have enough time to trade actively, holding was and is my strategy. I am still expecting higher prices through utility in the long-term. Trading actively will only distract me from achieving my other goals in life.
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