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mcgyve

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About mcgyve

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  1. Late 2013 I saw a post by someone on housepricecrash.co.uk website about how they'd made enough money from bitcoin to get a deposit for a house. He also said that ripple (XRP) looked interesting so I did some research and found XRP to be most useful looking. I also remembered a conversation I had several years earlier with a guy that used to be very high up in Oracle (I think) who said that whoever solved the international payments problem would make a lot of money. Got my first Zerps early December 2013 through the computing for good giveaway. Feel very lucky to have got into XRP so early.
  2. It's all pretty arbitrary but remember that each XRP can only be subdivided into 6 drops. BTC can be subdivided into 8 drops. So if we're talking drops and Satoshi's then there's an argument that there's only 47.62 times as many smallest denominations for XRP than for Bitcoin When comparing whole coins there are 4762 times more XRPs. Therefore the price should be 100 times higher ?. If comparing like for like....
  3. Yes you're right it was lucky not happy - I was thinking of his avatar... ? I remember he was quite the JED fan back in the day (guilty secret eh..!).
  4. I've got about 100,000,000 JED. They were a worthless IOU created by 'Happy'. No prizes for guessing who the IOU were named after.
  5. Very strange looking account. It was activated with 30 XRP yet now only has 1 XRP. How could it be 19XRP below the account reserve?
  6. Haha - I'm pretty sure they meant the demo was starting in 10 minutes time...
  7. Exactly what I was thinking - one argument against that at the moment is possibly the amount of liquidity but this is improving over time. Connected to this is that XRP could be argued to be more volatile than, for example BTC, but the speed of XRP transactions should mitigate most of this risk. Especially once liquidity improves.
  8. Looks like it's on an exchange that I'm not familiar with, but usually the reserve amount is not included in your reported balance.
  9. Wasn't there a thread the other day speculating about some funds moving with that same tag (1000000004). Possibly that it's testing or pre-selected investors at SBI?
  10. Not sure that he did. Only the buyer "wants" Bitcoin.
  11. Hi CryptoGerrie, Do you mind sharing the name of the bank in Switzerland? I may be moving there in 2018 so could be useful in the future Also I've read that Switzerland doesn't have oersonal capital gains tax - which is a bonus! Thanks
  12. I first got into ripple in December 2013 during the Computing for good scheme. I heard about it on a UK forum housepricecrash.co.uk from a guy who'd got his house deposit buying bitcoin and hodling. He was advising people on their to take a look at Ripple as the next big think in crypto. I didn't just take his advise though - I saw the company was solving the problem of fast money transfers between currencies and remembered a conversation I had with the father of one of my friends years earlier (early 2000's). He worked at a high level for a large well known software company that supplied financial applications. He said that the company who figured out how to do fast payments (i.e. replace correspondant banking) would make a fortune. It's taken a while but it looks like it's happening. Holding has been tough but I made a lot of trading mistakes early on from which I luckily learned it to be the best strategy. It gets really tough now that the stash is worth a lot of money - but still hodling!
  13. Bummer, I ordered one of these 2 days ago...
  14. Ah OK, thanks. That could explain why the site is unavailable. But on CMC this link is associated with some trading volume, also on ripplecharts there is volume for RippleChina. Could it be that it's a different website and the link on CMC is wrong? Seems strange to me...
  15. Could that partner be Ripple China? I can't get on their website at the moment - seems to be down - updating?? I think I have the URL correct (Ripplechina.net). They activated 1000 new accounts in a few minutes about 4 hours ago.
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