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Greeny

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About Greeny

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    Regular

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  • Website URL
    https://www.facebook.com/WyomingCryptocurrency/?ref=aymt_homepage_panel

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  • Gender
    Male
  • Interests
    Cryptocurrency, mostly Ripple. Graphic arts, skiing, fishing, football, hiking, movies, etc.
  • Location
    Cheyenne WY
  • Occupation
    Prepress Tech

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  1. Wonder what it will be postponed to come July.
  2. Hoping to wake up tomorrow to an announcement that trading is live.
  3. Japan is very pro XRP. If SPI does indeed go live at the end of March like they say it will, that will help break away from BTC.
  4. Question for a lawyer, way out of my ability to answer. I just saw a crypto video on YouTube the other day talking about that bill.
  5. 7356 is probably one we should be also just as interested in. That one if passed will give cryptos a new classification on their own. Different than that of a security. https://www.congress.gov/bill/115th-congress/house-bill/7356?fbclid=IwAR0fs7yBg4UIgRy3Eo8P6zzzor7v5famZsKjwoPE-daZpYNt6eb3lpEcAfE
  6. Good news came out yesterday with the R3 and Swift partnership, we all got excited so the day traders used that as a time to do a 14% pump and dump. 24 hours later right back at the 30 cent range and probably about to fall into the upper 20s. I will admit that article about all of ripples partners been scams, was a bit unnerving to me . I have been around this firm for a long time and was a serious believer in Ripple, but admit that I am starting to have doubts about their future.
  7. People getting flustered with good progress from Ripple, but XRP price now showing it.
  8. The lack of heavy volume is a little concerning to me. XRP normally hovers in the 400 million range. I can understand BTC beating it on volume, but why ETH and especially why EOS. No other currency has the good news and corporate adoption that Ripple has, so is a little baffling why more volume is not there, unless the people that are buying are all just holding, not trading like they are with the others.
  9. We have been hearing SBI going live for like 3 years now, not sure if it will ever happen.
  10. Greeny

    Crypto and FBARS

    Obviously not relevant if you do not use an overseas wallet.
  11. So just curious, who all filed and FBAR if you held crypto assets overseas. I owned XRP on Gatehub and in 2017 as everyone knows it went really high. I had bought before the rise, so did very well. My account had me fill out and Fbar, declaring my overseas assets, when I finished up my 2017 taxes a couple weeks ago. I did not pay that much because I had not sold much before Jan 1 2018. Was a little upset at that though, at having to inform Uncle Sam about my assets when they have not been sold. Not upset at my account, just the general notion of having to do it. I read up on this over the past week, and there seems to be a split decision as to if it is required. Most accounts and lawyers, say best to do it just in case, but some articles say the IRS has not officially declared if it is necessary, and a few years back actually said it was not necessary. Just curious who all complied with that.
  12. One additional thought to consider though is the dollar tokens will always lose real world value because over time the actual dollar will lose value as more and more inflation occurs.
  13. So I have been following Ripple for a long time, and have had times of doubt, but still believed in it because it was the best and fastest crypto. Was never afraid of the competitors like Stellar, Waves, etc. However, something that does now concern me is the newer US Dollar based Cryptos. I never gave a damn about Tether because I think, like many others, that it is a scam and they do not actually have the amount of US Dollars to back up its supply of USDT. However more legit sites are now creating their own Dollar based token. Gemini has one, or is making on. Circle/Poloniex has one I think, and had heard somewhere that JP Morgan was in the works. Not positive about that last one. Anyways, if any of them have the same speed capabilities as XRP, would not a financial institution prefer one of those tokes, to XRP. Advantage is you cannot lose money, as it will not go down. Disadvantage is you cannot make money on gained value of token as it will never go up. But they will still make their money as they always have, by charging transfer fees. It may be considered by some to be the safer bet, other than the fact that it does not work with RippleNet.
  14. kind of doubt it would be allowed, a country government probably would not endorse it, would want to make their fiat currency the official currency of the olympics.....then again, it is in Japan, if there is any chance, that would be the only place.
  15. Got excited for a few minutes, when it came across my Facebook feed.
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