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About RootSilent

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  1. 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 🙂
  2. 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
  3. 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,
  4. Hah, whoops. So many people quoting each other and calling each other names here I got confused. Apologies Caracappa.
  5. 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.
  6. 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 scr
  7. 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🤷
  8. 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 — $146 billion : aka MUFG, attended 9. HSBC Holdings, UK — $147 bil
  9. 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.
  10. 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 🙄 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.
  11. @CryptoCrusader what's your game? You seem like a troll from how you're speaking; Even though your first question was 'smart or dumb move?' you clearly aren't asking for any sort of advice or approval for a 10x leverage trade, considering how certain you sound and how you're talking down to people here in this post... only normally the trolls here aren't so obnoxiously bullish ? @ZzZerper / @Cooliozxrp / @Freaky is he one of yours ?
  12. @VegitaXRP - I actually disagree with the first point, provided the price-through-utility theory is correct; the more people need/choose to hold the asset, the higher the price floor will be. With that said, I think we're far, far, above what the price floor should currently be based on utility and are only holding this point due to speculation. In any case, the presence of a floor in no way protects an asset from manipulation - for example, if you look at the long term logarithmic scale of BTC you could see what appeared to be a strong bottom in 2018, which broke in November to take us down t
  13. What makes you say that? What indicates that it is manipulated and if so, how do you know the manipulation is greater than any other crypto?
  14. ^ You can thank Coolioz for that, he's one of our neighborhood trolls. Checkout his post history, he loves stirring the pot. In any case, this is really cool news! I love seeing stuff like this, thanks for the share.
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