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RootSilent

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  1. Alright... a bit calmer now. I can concede the use of 'scam' might not be appropriate here but at the very least they are a horrible exchange if only due to lack of transparency, customer service and professionalism. It's shady taking your money, not letting you use it and not talking to you before, during and after an anticipated time of increased volatility. The server issues, on the other hand, I totally expected. Here are my issues a little more organized: 1. Non-transparent requirements which they tell you only after you deposit your money. These should be bundled in their initial KYC requirements, especially if there are consequences to not having that information. 2. Holding on to that money and providing no means to reverse the transaction. Presumably, the coins are coming from the owner's wallet, they should be able to send them back if there's an issue. 3. If they refuse to the above, they should at least let you trade on their platform with the credited deposit, similar to coinbase with bank funding. 4. Their customer support is horrible. There is absolutely no way to communicate with someone other than their ticketing system and waiting several days for them to even get back to you. That is just plain unacceptable, I've never dealt with a business where I couldn't talk to somebody to let me know what the hell is going on. 5. All said, they shouldn't accept the flagged transaction, knowing any the above is true. If they're truly bogged down they should just block it outright with the proper email: "Sorry, We could not complete your transaction as it was flagged due to the following reasons xyz. Feel free to create a ticket here and we will reach out as soon as we are available. Please expect a delay as our servers and our staff are dealing with a large influx of new users. Thank you" ^That's how easy that'd be. I'd be a little peeved but I'd just send my money to my Gatehub account. Wish I did that in the first place.. I'd have double my current stack of xrp 😒 In any case, thank you for your feedback.
  2. I envy you. It's been over 2 days for me. Without a response from them.
  3. I'm in a similar boat - I literally just made a post here. The fact is, a twitter post explaining their 'problems' in no ways justifies their misexplanation of the terms of using their platform. I didn't see anywhere on their site that they could do something like this.... for a fricken deposit nonetheless (withdrawl... maybe ok) Frankly, given they went down and locked people's funds day's in advance, I think they were offloading their own xrp in the meantime. Looking at their reddit history, this seems to have been a thing. Regardless, I have never ever dealt with such an unprofessional exchange. You shouldn't be waiting over 65 hours for customer support (for an issue they flagged) regardless of the 'volatility' of the market... especially if they did an 'upgrade' the day before to handle the anticipated 'volatility'. Screw Uphold.
  4. So lurking a while to understand the best platform to trade XRP in the USA was, I stumbled upon a thread where Uphold was recommended... Unfortunately, it's a scam! After doing all the KYC requirements I transfer my money in (before the pump day)... and I haven't been able to access it for over 60 hours. What other single exchange in the world has this issue after verifying your identity? They flagged a deposit and asked for my employers name and address (which I provided in minutes after them asking) and am still waiting for a response from their customer 'support'. They didn't have these 'requirements' anywhere on their website and even when I immediately provided the info they ignore me. Even worse, looking at their reddit I am only one of many people experiencing these issues. Even worse, this isn't even new; they've been doing this for years according to what I've been reading... I should have done my research but given the SEC lawsuit and their response I honestly trusted them. I know I'm coming off as ranty but I'm seriously considering a class action lawsuit. The sheer amount of people who have their money held hostage right now (ignoring the downtime of their servers) is staggering. I'm putting this here to see what other people think? Please let me know. If you want to see what trash they are, please check out the recent posts on their reddit. A disgusting scam from the looks of it.
  5. I don't know who you're saying this for (other than yourself) but you strike me as angry and pessimistic. Thus far, you've insulted Molten, been rude to Caracappa and now you're implying that everyone here is an idiot. If you disagree with the trade analysis you're welcome to make your own chart and share it here. After all, if we're all so horribly in enthralled with Molten's posts like you say, it's your moral obligation to rescue us with good facts and trade analysis. Contrary to what you might think, we're not all hopeless optimists here. We do however try to have good manners πŸ™‚
  6. Hey TeeKay, it seems like you're new to this space so I wanted to give you some advice; I would avoid sites like this as they really aren't news sites. Things like 'newsbtc.com', 'u.today', 'beincrypto', dailyhodl etc are fake news (and I really do mean fake news). These sites are by and large actually owned by some individuals who got into the crypto space early, and their motivation is not altruism. *Tin foil hat on* My theory, at least from watching the trading view news feed, is that these articles (bullish or bearish) are used to lure inexperienced investors to do something with their money, usually at the wrong time. Eg. right before a large pump in a coin two articles will come out, one saying that an expert thinks the coin is about to go down and the other saying the coin is going to double in price. The investor then either sells too soon, or sells way too late. In any case that's my perspective based on two years of observation of the 'news' and what immediately happens after. *Tin foil hat off* Regardless, 'news' like that is very misleading and really isn't informative to the market. Usually it's late and at its best, it's meant to justify price action nobody really has an explanation for. You did a good thing coming here as really this is the best source of information I've found. Albeit a little biased towards the positive, no one here is making money from selling their opinion here. In fact, usually you'll hear something here days, weeks, or months in advance to it popping up in those sites I mentioned above. Really any site with titles like 'Two Seasoned Crypto Analysts Predict Tezos (XTZ) to Rise Soon' or 'Expert Claims that Bitcoin will Dump Soon' should be avoided. Youtube as well for the most part and stay away from Twitter for anything but general market sentiment (and usually you're better off just reading the reddit and taking note of how much people are complaining or mad at each other). Goodluck and welcome!
  7. Ironically, I don't think this forum is a place the xrparmy even frequents. Most people here are pretty level headed and you'll see a lot of the respected individuals here admitting they are diversified into other crypto assets, even bitcoin. Truthfully, I'm not even sure if the majority of the xrp army is even 'real people' or representative of the people who actually like xrp. Regardless, if you want a decent informed opinion on anything other then general sentiment it's better to steer clear of Twitter. That whole place is toxic imo. Anecdotally, as far as the name calling goes, I'm a member of various crypto groups and I occasionally lurk on the trading view chat when I'm bored; almost nobody likes xrp and if they express their enthusiasm they usually get torn apart by the people there. The best it gets is 'yeah xrp is a shitcoin but I've made x% from selling the pumps'. Bitcoin on the other hand gets treated ALOT better.
  8. Hah, whoops. So many people quoting each other and calling each other names here I got confused. Apologies Caracappa.
  9. I'd like to step in here - Tiny is not a troll or a fudster, more of a realist who contributes a lot here. In any case, no one knows where it'll go because it is a speculative asset. I hope it goes up.
  10. One thing I've noticed is that the crowd is often right in the direction it will go, just not the magnitude of the movement. It's made worse by those crappy crypto articles that show up in my trading view news feed which are meant to cause impulse buying & selling. Eg. News Article titled 'Prominent Analyst Thinks Bitcoin Will Fall to 5,000 Before Sellers Are Exhausted' pops up and I think, ok price is actually going to fall to ~5,700 and bounce off the resistance going back up to start a new uptrend (well at least bounce..) It's funny, but these expectations are exactly what screw bulls and bears over and gets them to enter or leave at the wrong time. Bears will see that article above and sell (rightfully) but not buy back in time because they expect it to go past 5.7k. Likewise, bulls who doubted the article and try to hold panic when price just barely wicks below the resistance of 5.7k (thinking the resistance broke and it's going to 5k) because they start to think the article could have actually been right all along but then are boxed out when the price suddenly snaps back up. Sorta like what happened on the 19th of October this year with BTC (I mean does that even look like natural price movement?) Long story short, I think we might have a bit of draw down here, maybe even to 14.6c or so, just enough to get people to panic sell before price snaps back up. I don't think capitulation has really occurred for XRP since the April-May run up - sure we're down 90% from the ATH, but I think we're going to need to lose a significant support before people (the long term holdlers) freak out, sell at the wrong time, and buy back in. Sorta what happened with BTC in bloody November last year. Just my .1 zerps anyway.
  11. Yeah, I've 'followed' him for quite some time. Sometimes he has something worthwhile to say. Most of the time he doesn't and he conveniently forgets all the wrong calls he makes. Not to mention the guy is 100% a scammer - if you do a bit of digging you'll see there are a lot of people mad at him (and his previous accounts) because he scammed them out of money... Not to mention the scams he did before crypto.. haha fun to read though🀷
  12. Thank you for providing this info! So, we're always talking about banks in these chats and whether or not they'll work with ripple - I thought it'd be an interesting exercise to see which of the top 10 biggest (by assets) banks in the world attended. Please note, while this info is for 2019, I've seen some variance in the top 10 lists throughout the interwebs (and please correct me if I'm wrong, I may have missed a subsidiary or an acronym for the bank name). Here's what I got: 10. Mitsubishi UFJ, Japan β€” $146 billion : aka MUFG, attended 9. HSBC Holdings, UK β€” $147 billion : did not attend 8. Citigroup, US β€” $158 billion : subsidiary attended (Citibank) 7. Wells Fargo, US β€” $168 billion : did not attend 6. Bank of America, US β€” $189 billion : did not attend 5. JPMorgan Chase, US β€” $209 billion : did not attend 4. Bank of China, China β€” $230 : did not attend 3. Agricultural Bank of China, China β€” $243 billion : did not attend 2. China Construction Bank, China β€” $287 billion : did not attend 1. ICBC, China β€” $338 billion : did not attend First thing's first - today I learned that the four biggest banks in the world are Chinese banks! I had no idea, but that was a fun little nugget of info. In any case, it's no surprise that Mitsubishi attended considering Ripple's presence in Japan; nothing to see here folks! However, it is cool to see that we have an North American bank attending who is in the top 10. In the trend of 'smallest comes first for competitive advantage' it's no surprise to me that Citibank is doing this while Wells Fargo, BoA & JPMorgan/Chase sit on their hands. Finally, I think it's a bit strange (and maybe telling) that none of the Chinese banks in the top 10 even attended despite the event occurring in Singapore! I really don't know what to say here other than it's possible China is looking into its own solution and simply isn't interested (I've heard rumblings of this elsewhere). All in all, I can't say I'm too surprised though we should keep in mind this breakdown could amount to nothing as attendance at a function isn't necessarily indicative of adoption or interest (eg. Some interested parties haven't felt the need to attend as they're already in talks with Ripple).
  13. Just wanted to say, I've been reading your posts for quite some time, and I appreciate that even though you have a long term 'long' position in the market, you make an effort of being objective, even contemplating a draw-down rather than 'moon moon moon' like I see 90% of everywhere else. Thank you.
  14. The real question is that, by being the one backing a solocoin, are you in any way required by law to hold a portion of that backing as xrp (similar to banks and πŸ™„ supposedly 'stablecoins' institutions like tether holding about 33% USD)? If so, this is really really good news (dependent on adoption ofc) as people holding xrp in order to back their solocoin would put upwards pressure on xrp. If not.... well then... nothing to see here folks.
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