JASCoder

There's a story here. Lordy I hope there's tapes.

Wait ! I thot XRP was wabbits... ( See tweet )

I'm guessing you've never seen someone on a winning streak at the craps or blackjack tables. In cash-game poker, I've always said the hardest part about the game is leaving the table and cashing out your chips.

Great XKCD...

IMHO it would make sense for the SEC to find acceptable a solution which supports a transformation of definition, where as a token owned by RL can only be sold if it's managed as an in-compliance security transaction. But there after the token is implicitly re-classified as a utility asset, or currency, whatever. They could pay fines on the past "violations," and get past this mess. But then they'd not be able to penalize the founders, which they seem so rabid to do... If I could bet on it, that's where I'd bet my stake.

Your posit implies that owning the majority of the XRP utility tokens is what conveys governance authority. I thought the XRPL's network of disparate nodes is what defines the operational features and rule set. Isn't there a required 87% consensus by the network which defines the current authoritative codebase revision tag ? Or have I misunderstood your point ? Granted, owning a monthly stream of fresh tranches of tokens does give them some potential market influence, like several Jeds worth. But its disassociated from the code governance - which is the whole point about "cen

Alessio's short video (5 min) last night discussed this to some depth, if you are interested. Here's the link...

@Columba - Thanks for sharing your observations friend. There's a lot of moving parts to the ODL system, and participants. And much of it is opaque to the public. This is why I'm mainly just monitoring the end point at Bitso, as it prolly is the least likely point which is obscured by non ODL activity. For right now, we've seemed to settled down in a pattern of high XRP->MXN trade during 6-7 hour windows during the work day, with occasional massive trading spikes during a single hour. The watching goes on... :)

This chap makes a good point, imho ...

Must. Not. Take. The. Bait.

JFYI - I posted some thots on this topic at yet another related thread. If you are interested...,

If ODL's process-flow is such that their customers transfer fiat to Ripple's bank accounts, then Ripple could acquire XRP from any source they find convenient. As we all know, XRP can be transferred from any XRPL account which they control, to their Bitso accounts, whenever they need to. I believe the ONLY definitive metric we peons can monitor is the XRP->MXN trade volume at Bitso. And even with that, it's inclusive of a "noise factor" of non ODL related trades. Over the months of closely observing, scanning, and charting this particular end-point behavior patterns (ie Bits

That's interesting what you shared re Binance's XRP transfers to Bitso. What are the hourly frequencies of the 40k transactions ? For context, today's hourly XRP->MXN trade volume was averaging 2m during the workday hours (12:00 to 17:00 UTC). I made a cursory survey at Kraken, and noted their XRP_USD volume did show comparative levels of trade I'd expect to see if they were the origin of much of the Bitso selling. I wish I had as much "hobby time" as I used to, lots of things to research on ODL EDIT to add: The Binance transfers could be from Europe maybe ? Isn't th

DS said it best...

Google searches on ETH are now at an ATH. Could be next ?