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Johno

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Everything posted by Johno

  1. Out of curiosity, I’ve started opening a few small accounts on various wallets, Trust being one of them. I haven’t got to the bit where you move the tokens out. Although I did see someone made a YouTube where the trick is to connect to Binance and do it that way. But my fundamental problem is that I bought XRP but now can’t work out how to convert/swap them to XRP BEP2. (For trading). Any hints as I can’t seem to get them from the google machine. Feeling like my curiosity on this one will see me back out again. Although I did buy $20 of Shiba while fiddling about in there. That could be fun.
  2. Agree that this is what should be happening. However, even if Congress were to make the rules I would expect those rules would be tested in court. Anything as novel as crypto is going to end up in court eventually. It’s a pity it’s taken so long. Also, like you said in an earlier part of your post, sorting out the founders’ whale-sized bags has to be dealt with. The quantum under consideration is just too extreme. I get the risk/reward arguments. And ‘principle’ and ‘slippery slope’ and all that. But really, where are the risks to justify actual and potential multi billion dollar rewards? Like any human, a judge’s eyes will pop: ‘you’re getting how much for doing what? Yeah. Nah. Not gonna happen’ I suspect an interpretation will be crafted by the court to define XRP and Ripple’s relationship to justify stomping on certain people bags if it looks like they’re just taking the ****. Which, in my view, that’s what it feels like. Course, like all of us here like to say, what would I know? I’m my case, nothing is the fact of it.
  3. The trick is to buy the limited editions. Things like the Taj Mahal, London Bridge, etc. Star Wars models are usually the best. The Millenium Flacon in the box is lucrative. You can take them out a build them but value falls away if the box and instruction manuals are not in mint condition. Just my observations.
  4. Thanks for this link @PunishmentOfLuxury. I read it as a vote of confidence—investment—towards building something that is working now but can become better and bigger. And not, as much of the negative commentary here is assuming, to prop up the starting position in the one Mexican corridor.
  5. Not sure if this fine debate between Tiny and aye-epp is finished but just to change tack a bit, the fantastic essay from @galgitron touches on (among other things) where utility through ODL is going to have the biggest immediate and long term impact. Most here have probably picked the essay up already. But one thing of interest from it that Galgitron notes is that the world’s heavily used corridors are not the main use case or target market for ODL because those corridors are already fast and liquid (e.g. USD-EUR). But from the charts posted above in this thread I see the USD-AUD corridor is increasing at a handy sort of clip for ODL. I would have thought that would be one of those corridors already fast and liquid. So perhaps Galgitron underestimates even that possibility for ODL. Other’s thoughts appreciated http://galgitron.net/Post/Ripple-versus-Stablecoinsor-is-it
  6. Agree. And you can tell from my question that I would be one of those people who would default to FlashFX in a, er, flash.
  7. Nicholas, a friend at work tells me he sends AUD to family in Kenya using XRP. He and all his family are blown away at the Financial impact of Ripple and XRP on their lives. As a well educated man he is in no doubt about the future success of XRP and Ripple (and he would probably agree your business too) once word gets out enmasse My question is how he can do that now? As I didn’t know a corridor existed between Australia and Kenya for XRP. He must have a work around (what would that be?) but what difference would it make to him if he could ditch the workaround and use Your services instead?
  8. This insight and @Tinyaccount‘s ‘optimistic’ one makes me wonder whether Brad is floating the IPO idea to draw regulators and others Into committing to a position and actions that reflect somewhat more integrity. Currently Ripple’s script is being recited in all sorts of public forums but the company name rarely gets a mention. Meanwhile, XRP is the crypto that no one dare mention. The dance is just getting a bit silly Maybe Brad is just sick of the bullsh!t and has done something designed to focus the minds of the players. As the saying goes, at some point there comes a time to put up or shut up.
  9. I get better arguments from my 10 year old nephews after their football team wins a game on the weekend. They tell me, in their own childish way, that history has finished and the unfolding of change through time is now over. Team [x], they loudly proclaim, is now champion/loser forever (pick whatever suits you). But, alas, the next weekend they are in tears as the world has turned upside down on them when their champions are suddenly the losers. Of course, at that time I, as an adult, speak gently to them as they are upset and merely children. So, before I tell you that you are an idiot, please clarify whether you are close in age to a 10-year old. That way we know on this forum whether to gently pat you on the head and simply sympathise with you before letting you go on your way.
  10. Put a sell order in for $10 and switch off for a few months. Imagine your surprise when you log back in, or not.
  11. My understanding is that in Australia it is taxed if it is owned in a way that is intended to generate income (equivalent to an interest bearing bank account) but if it is possessed for the purpose of being used for purchases then it is not taxed. I don’t know how it all works. It’s just what my tax lady told me. Because things are in the doldrums just now tax is not a big deal. Hopefully it will be soon.
  12. Yeah. Nah. Everyone understands good manners. It makes the world go round (more than money, even). Rudeness on the other hand is boring as batsh1t.
  13. The quickest ‘ignore user’ decision for me yet. A genuine creep (beyond troll)
  14. Looking back over this thread what stands out to me is that many of the posts were impressive in their prescience about the developments we have actually seen over the last few hectic months. A salute to the collective nous of the XRP community who are able to pick where this story is taking us. Exciting times indeed and more gifs.
  15. Agree. Utility and speculation is not an either/or scenario but will act as a multiplier on each other. I have been thinking speculation would keep the pot simmering for the time being until utility ramps up but I’m now starting to think they are going to move together sooner rather than later. Just my unscientific observation
  16. Me too. I’ll be waiting to see if Brad ties all the recent news, which has been a bit difficult to keep up with to be honest, into the frame for his usual narrative. It would be great if it reflects the recent developments/announcements and so gives the narrative a bit of new juice.
  17. I always find people laughing at their own remarks somewhat cringey. Don’t you Freaky?
  18. Blast from the past, but saw this little hint on the Kiva website: Lifting one, to lift many When a Kiva loan enables someone to grow a business and create opportunity for themselves, it creates opportunities for others as well. That ripple effect can shape the future for a family or an entire community
  19. Detergent down the lav. 😂. I know ignore is an option @Julian_Williams but there is such a commitment and even a strange beauty in Coolio’s relentless drive to prove his vacuous inanity that I can’t bring myself to dishonour his work. I’ve always been a bleeding heart like that. I say keep it going Coolio. Just remember we’re all laughing at you not with you.
  20. I thought this an interesting article on the big picture affecting banks in an Australian context, but probably applies globally. Doesn’t mention Ripple, XRP or crypto’s but you can see how the space is opening up for XRP from the reporter’s observations of the forces at work. https://mobile.abc.net.au/news/2019-09-30/open-banking-the-revolution-that-could-break-the-banks/11558740?pfmredir=sm
  21. I love this gif response—an entirely pragmatic response to an entirely moral question. And somehow it makes total sense. Could be a metaphor. Could be a bloke thing. Could be over invested in crypto.
  22. I will admit, I have no clue about the ‘T’ in the TA. It’s all Druid stuff to me. But i can read it as something that provides a valuable insight into historical patterns that feed into a broader narrative. Others like me have said on this thread, if it wasn’t for these TA insights we may well have jumped ship (unnecessarily). That would be because while we may well get the big picture—the 2 to 5 year possibilities that utility take-up will generate—but the day to day volatility is incomprehensible without a guide. So, my gratitude to all you chaps that are able to do this type of analysis and then generously provide your insights. And besides the drama of it is just good fun. Better if it went up 100% of the time, but one can’t have everything.
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