Jump to content


  • Posts

  • Joined

  • Last visited

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

Joeymc13's Achievements

  1. Does anyone know if I need to take any additional steps to claim songbird on my ledger?
  2. Hey guys, I did use the search function and went through all 66 topics started with the word “spark” in the title before I wrote this. I did find a cpl threads from nov/dec discussing this, but general consensus was that we needed to wait for more information to come out on the subject. I’m hoping you guys can help. Im by no means a computer savvy person, most of the terminology being used when I try to research just confuses me. I’m a 38 yr old small business owner who installs electronics on boats/yachts. I don’t really understand this stuff well, and was hoping to get opinions and hopefully some helpful resources for me to continue researching this. The main question is, what do you guys intend on doing to earn passive income with your spark? (I know some will hodl, although the research I’ve done suggests that is not good to do, as Flare intends to reward those who actively participate in the Flare ecosystem.) I understand we can vote towards the FTSO either directly, or through an agent, and we will be rewarded in Spark. I also understand we can mint F-assets by combining 2.5x’s the native assets value in Spark, and rewards will be paid in the native asset. (Does anyone know what potential reward % will be?) My largest confusion comes from all the different products that Flare Finance offers. (FlareX, Flare Wrap, Flare Farm, Flare Mine, Flare Loans, Flare Mutual) Obviously, I’d like to maximize all potential passive income possible, Is there any info out there on what strategies to use, what potential rewards/profits could be, etc? If there is no documented info available, your opinions would be greatly appreciated as well! Thanks in advance!
  3. Why not? It settles instantly. Receiving payment this way would be great for me. I hold as well, and would not use it to pay somebody else, but the idea that a customer could pay, and the recipient would receive it instantly and with less fees proves that it would be “a great payment currency”. The OP was just curious abt use case and businesses. Payment is a great use case! edit- I do agree, not a huge advantage over fiat when it comes to making the payment, yet... 😉 ... But as a receiver of the payment, I see a great benefit!
  4. I can’t think of any other use case for xrp in my business other than accepting payment. I’ve mentioned in another thread that it would be awesome if there was some way of adding a plug-in for quickbooks invoicing that would allow for acceptance of crypto. There are direct links at the bottom of my invoices to pay, one link for cc, a second for bank transfer. A third for crypto payment would be awesome (esp if the customer chose xrp for payment bc I would immediately have access to it). Currently, cc payments don’t arrive in my acct until 1-2 business days and bank transfers take a full week - all my business is done domestically, I don’t understand why it takes a full week!? I do think I’ll start adding my own wallet to the bottom of the invoices via qr code though. Most of my customers will have no idea what it is, but if they ask me, please believe, I’ll explain! If quickbooks offered this feature for all invoicing, for all their clients, I figure that could go a long way in regards to mainstream adoption...
  5. This guy... @EcneitapLatnem... Sneaky funny... I’ve only been a member since March, but your posts tend to be some of my favorite to read (not necessarily this particular post, but a majority of them). Thank you for your contributions!
  6. I read the first 10 pages of this thread, and it boggles my mind that it continues... im 100% complete newb/noob, whatever you wanna call me, so here is my point of view: Anton wants lower xrp fee to create an address, $8 is too expensive - well, I pay MUCH more than that in monthly banking fees for my business and personal banking accounts, as well as fees with credit cards, etc... I’m okay with $8, one time. What about when price of xrp increases? - Well, it’s been said MULTIPLE times that the reserve can be lowered once voted upon by Validators. validators make money off the reserve? - Looks like it’s been answered clearly that validators make zero profit off of the 20 xrp It seems as if the OP’s questions have been answered several times by many different members. Why does this thread continue to go on!?
  7. Hey guys, old news or no? Watching Bloomberg abt 15 mins ago, took a video, sry for the poor video execution. Interesting none the less. Other than the FDIC insurance, another take away is the Bloomberg anchors pointing out crypto use for anonymity. Also excited to see the media reengaging in crypto coverage. *** after doing a quick search, I see that FDIC insurance is not a new thing in crypto, should’ve done that before posting, sorry. Still good to see media coverage anyway though! ***
  8. I would not say my failed attempt at a trade was due to a lack of research, but possibly due to a lock of ‘proper’ research. I would agree with you that a majority of discomfort was due to exit strategy. I’m still learning this whole process, the only research I currently know how to do is Google searches for bitcoin, xrp, or crypto news. I’ve probably read every article written that comes up in those searches since the beginning of March. I don’t really know how else to research this space other than TA, but will continue to learn. As far as TA, (I’ve done plenty of google searches on what is a doji, a wick, what trend lines mean, rsi, etc...) I’m not confident in its application to crypto. If xrp went up 1 penny for every time I saw a chart posted with lines drawn all over them and the author exclaiming “bull run eminent”, we’d all be millionaires for sure by now. Truthfully, exit strategy was non existent for me in this trade. I understand I could stop loss the btc side of the trade, but I wanted to ensure I did not miss an immediate xrp rise in price with all my xrp investment tied into btc. I’ll figure out a better way to handle this in the future. I appreciate your input!
  9. I have been considering converting my xrp to btc on Coinbase for a while. (Just until US regulations become clear) Well, I pulled the trigger on it today in an attempt to get a part of a potential btc pump, and immediately had remorse. I could not help but feel that it could be the biggest mistake I’ve ever made. I feel btc whales want to dump their stashes. While there may be a btc pump due to fidelity news and when they actually launch, I just feel that $6k/btc could be a sell trigger to btc holders, and a buy trigger from new investors, and I don’t have a clue what impact that will have w/btc price. In the mean time, the holders whose sell orders get filled could be spinning their money right around into xrp resulting in price increases in xrp that I could miss out on. Besides that, who knows, the SEC could make a surprise announcement regarding xrp not being a security at any moment as well. I don’t want to be caught off guard. Needless to say, within an hour I converted my btc back into xrp (lost a cpl hundred xrp during the process). I bought 1500 more xrp afterwards to settle my nerves, and have definitely learned from this. Obviously, I’m new to crypto and trading in general (bought my first xrp early in March). I won’t be making this mistake again. XRP is not the only crypto I hold, but it’s the majority of my portfolio. Just sharing my experience in case anyone else is also considering moving to btc from xrp like the OP of this thread.
  10. After reading what galgitron wrote, and understanding that etrade and fidelity either will offer, or, are offering crypto trading in btc and eth only (for now); Does it seem logical that btc whales, etrade, and fidelity are working together to help whales unload their “unwanted” btc to new, ‘traditional’ investors with large amounts of capital who would buy bitcoin based on name recognition and status, allowing whales to transition to other coins (thinking xrp, obviously) without crippling the value of btc until their transition is completed? (I apologize for the run-on sentence) I make this assumption due to the fact that I’m sure etrade and fidelity officials did research to decide what coins to offer. However, they chose not to offer xrp. It only takes a couple minutes to figure out that xrp is a far superior coin to btc, so, why would they choose not to offer it?
  11. Agreed, frustrating, but only bc it keeps costing me money. Just made my largest Coinbase transaction yet, yesterday @ .325, woke up to the bloodbath this morning, bought more @ .302. I’m on the hopium, along with being an eternal optimist, my only thinking is: Will I ever be able to buy xrp this cheap again!?
  12. i just downloaded the app, but do not have tip bot set up yet. I’m going to set that up tonight, and I will gladly accept payment via xrp at my business. (however, personally, at this point in time, I would never pay anyone else via xrp, I’d rather hold on to my personal stash, but if someone wants to give up theirs, I’ll accept it for sure!) I use QuickBooks for merchant services right now, It’d be nice if there was a plug in to accept crypto from there! When I email invoices, I can only accept cc or bank transfer online right now.
  13. Still here since March 2019! Can’t wait to look at this again in 4 years!
  14. I own a small business in Sarasota, FL, installing electronics (Radar, sonar, autopilot, satellite communications, audio/video, etc...) on boats/yachts. I submitted skilled laborer/transportation.
  15. Well, judging from the replies in @PhiGuy post in the general discussion section on whether or not cobalt is live, it seems as though members feel the charts are an error?? Is that the general consensus among members here? Like I said, I’m new to this, so forgive me if my next question is naive... Are chart errors a common occurrence that I should consider when studying them?
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.