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About Caracappa

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  1. I'm not debating XRP being a security would be good or bad, but I genuinely wonder if, hypothetically it would be classified as such. Is it allowed to use a security as a bridge currency, or would that usecase be out of the window instantly? If so, it would be bad ahh, now I did debate it...
  2. That is if Ripple would have to go to every new partner to implement it themselves, something a, or many third partys could do after the right training.
  3. I agree, if Ripple ever wants to end the discussion of holding the biggest part of XRP, and they want the world to adopt XRP, the IMF would be the better party to have control of the XRP's and control distribution.
  4. Ahh great! I just quit my job after reading this! Won't have to work ever again after this weekend!! Ahh crab, it went below $ 0,34 again
  5. I tend to agree with Sultan that until now SBI only talks about their plans and nothing has come from it yet, but I also believe they are working hard on it and there is a lot coming that will come to fruition once they bring those XRP plans into practical use this year. The improvements of the banking network in Japan, FX and derivatives market for example will bring a lot of liquidity to the table. Liquidity that can then be used to gain more traction in other corridors worldwide.
  6. I'm also more of a long-term guy, so although painful to watch, as long as you're not swing trading between crypto's, BTC and all alts can go up and down whatever they like. It's called dumb money for a reason. Do believe Ripple has a plan, but I think it is more involved with getting more and more gradual traction, corridors, markets, partners and regulation than a Dan Brown thriller plot development with a big unforeseen bang where we go $ 589 over night because the worlds government is involved. Would love to be wrong!
  7. I love reading both Fomo and FUD, then try to dig some deeper to see if it can be proven and then create my own conclusions on something. So I appreciate the OP that he shares this 'news'. Can't get any confirmation to if this is really DS his account, and if those are sold or indeed used to make market on CB. Let's hope DS can debunk it on Twitter. Even if he doesn't, this is still not the news on which I will sell my part. Do appreciate if some others sell though! However, I do think some people are way to emotional on their XRP. 'Feeling attacked' if someone comes with bad news, genuine or fake, is a choice. Let's try to find the truth behind it. And if it's really stupid and you can't handle it? Just ignore it then. Do like the .gif battle btw!
  8. I can imagine Ripple is next to the positives also aware of the issues holding the largest amount of XRP. We can only guess what the solution for that would be. Perhaps they are allready in talks how to distribute, or 'gift' the XRP escrow to a external group for example an IMF like institute.
  9. The control issue comes up once in a while, with the 'freezing' of Jed's funds as an example. However, the funds we're not frozen on the XRP ledger, but after contact with the exchange they we're transfered to as I recall correctly. So Ripple cannot control or censor transactions they deem illegal, but they, just like anyone else, can ask an exchange to freeze funds temporarily when handing them the right legal papers or show enough prove of illegal action. Same can be done with bitcoin or any other asset after a hack for example. And indeed, great read!
  10. The world is bigger than the US and their ways of taxing, but if that's where he lives. Yep
  11. It's usually the start of a new bullcycle. Drag in new (and old dorment) retail investors en get that baby pumping again
  12. Litebit.eu does a nice job if you're new to this
  13. In 2017 there was a steady pattern in where BTC started it's bullrun, and the profits that were made in BTC then later on got thrown into alts. So let's see what happens this time!
  14. The difference with 2017 right after Swell was that crypto was much more in the news, people on the streets and at work were talking about it, and there were a lot of new people blindly investing into it because of fomo which made the huge gains possible. I think it will take several more months of gradual growth, more positive newsitems on regular channels to get people warmed up again. After all, there is money needed to make a price go up. However, agreed the boom could be big. There are many scared retail investors with dormant accounts who just need to sniff out the growing positive market to step back in and "do it right this time".
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