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Archbob

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  1. No, I don't think so. I think it'll pump to $5 or $6 and then dump to maybe 50 cents again. Its the same cycle as last time. Except the % gains for the top coins across the board will be lower than last time. The dream of $50 or $100 xrp aren't gonna happen but it will go up with everything else. XRP is just another coin and will behave like one. Its not some super special gem.
  2. Its already pumped from .005 to 22 cents now. Is not that enough pump based mostly on hype?
  3. yeah, but they haven't risen nearly as fast, I rented in the early 2000s as well, the price didn't go up that much where I am.
  4. No, housing includes both rent and buying. Renting probably has become more affordable in most places while buying a house may have become more expensive.
  5. Someone else brought up this graphic: "Average Hourly earnings" fall in the middle of the pack. There are things that got more expensive. However, many things like food and clothes got less expensive. Housing is actually below earnings, probably because rent is comparatively cheaper than it was.
  6. Looks like "average hourly earnings" falls in the middle. Housing probably includes rent as well.
  7. When I'm talking about these things, I'm usually referring the US numbers, because I live in the US. And while, you are right, that housing does cost more in the US now than 1950, its not as far off as the UK or Australia. In the US since 1970, the average house has gone from 3.3x salary to 4.4x salary, an increase of about 33%, which is substantial, but not nearly as bad as UK, or Australia. The main things that have skyrocketed in the US is tuition and healthcare.
  8. Well, working at McDonalds isn't the average salary for a family. the average salary is around 30-35x what it was in 1939.
  9. The average income in 1939 as listed was $1,731. You get 10x that working at McDonalds per year nowdays.
  10. Yes, the average income has grown immensely since 1939 as has everything else. Things like Milk and Bacon and actually cheaper relative to income now than in 1939.
  11. You could never really buy a house with "wedding money". You are lucky if the wedding money and gifts cover the cost of the wedding. This has been true for a long time. The inflation on housing outside of a few major cities isn't really that bad. House prices in most places have perhaps doubled in the last 30 years and is fairly on par with salary. In fact, real purchasing power of Americans has stayed pretty much even since 1950: https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ You basically lack any knowledge or have any statistics to back up your assertions, as expected. Most large businesses currently and always have relied on investors and/or some loans, that hasn't changed. If you plan to run anything larger than a lemonade stand, loans and outside investors are a good idea. What you shown Xill, is a true lack of real knowledge, backed by any substantial studies and a heavy reliance on Youtube research centered on buzzwords.
  12. My guess is that KYC/AML will signifcantly increase costs for all Fintech startups, regardless of how efficient they will be. XRParrot(wietse wind exchange) had to close because of new regulations. People are always waiting for 'regulations' in crypto as if it has to be good. Some of them can be downright bad. As for physical fiat, I really haven't used it that much in the last decade either. Everything is going digital and transferring money doesn't involve physically moving anything, its just a debit/credit system. That's why is liquid corridors where there are plenty of market makers, I don't really see the need for a bridge currency. But physical fiat is still needed, as least in case of emergency. What happens if there is a blackout in a city or a region? Do you just completely stop doing transactions?
  13. I have some XRP, but a large part of the stack is in swing trade, Holding just isn't the best strategy.
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