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BillyOckham

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BillyOckham last won the day on September 22

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About BillyOckham

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  1. Wouldn’t some portion of that increase in volume would simply be the extra XRP to carry the FIAT volume because of the recent price slump? It’s not easy getting these volume comparisons straight in my head because of price variations.
  2. Since I ignored him my experience of the forum is much improved. He is so far the only one on my list. He made it by never ever putting anything of value out and never missing an opportunity to snipe at XRP and it’s holders. Some people apparently enjoy throwing brickbats. To be honest I wish people wouldn’t quote him either, then I’d never notice his vomitus.
  3. Well I hope you are right but if 2020 has taught me anything it’s that hopes are the first to go. Time will tell. If you are correct then it will be good for all of us.
  4. That the step that I doubt they will do. You are assuming a very altruistic, and I think, unrealistic attitude on Ripples part. And if they don’t do that step then unfortunately all they’ve effectively done is remove buy side pressure. It’s true that increased usage may indirectly and eventually increase demand and therefore price, but that is a hope more than a likelihood.
  5. Hi Nik, could you explain what you mean here please? I haven’t come across the concept of a website being deprecated. If code is deprecated then it is generally because it still works but shouldn’t be used because there is a better/less undesirable/more functional unit that can do the same thing but better. The reason it’s not gone completely is to avoid breaking modules that use it. I wouldn’t think that’s applicable to a website. If it’s wrong then pull it down? Or fix it? Why would one knowingly leave a website that presents incorrect information online? Not saying
  6. Those two things are separated in time and nature though aren’t they? Unless I’m mistaken the sales stop happened ages ago and was nothing to do with this line of credit. Where did you see the 4% figure? I have perhaps missed some relevant info on this thing.
  7. Actually I think it’s a giant fail on everyone’s part that we all collectively don’t drop Bitcoin like a hot potato. “The implication of rolling back BTC transactions is that the trust in the miners' neutrality would be entirely eroded AKA the end of Bitcoin. ” Really any of these facts it’s possible it can be done by anyone with CZs resources and situation (or greater, especially a motivated State entity) It was discussed seriously by the major players there was no certainty in anyone watching what was going to happen with that decision should
  8. My read of that at the time, and still now, is that because Ripple are starting ODL in unbalanced corridors, the Market Makers at Bitso and elsewhere are accumulating XRP. To limit the unbalanced selling of those acquired XRP, Ripple are stepping in and buying them from the Market Makers at market price. This would mean that the MMs are getting a fair price (better than they could if they sold in volume and slippage walked the price down) and Ripple are supporting the market until the balance arrives organically. I imagine this was a bigger thing back when ODL was doing trea
  9. It’s not uphold allowing anything. The flare smart contract will simply use the particular XRPLedger balances of that snapshot ledger when calculating how many Spark to send to the Flare network address specified in the ledger Accounts messagekey field. So if Uphold are supporting the distribution, then it means that for their XRP wallets they will have set up the Flare address in the relevant field. Once the distribution happens they will have a large number of Spark tokens on the Flare network in the wallet(s) they specified. They will allocate them to their users proportional t
  10. Well to be honest I prefer a lower profile but this is a public forum so anything I say here is publicly quotable. Up to you how to handle it but I thank you for the courtesy and consideration of asking.
  11. Actually I’m worried it’s the reverse. Previously any ODL would involve a buy and a sell on public exchanges. In the line of credit cases the critical change (to us) is that the buy is done from Ripples wallets. So the sell will remain without the corresponding buy pressure. (Differing exchanges but assuming arbitrage across all exchanges...) This seems to be a “Ripple will be funding some (many?) SME’s growth in the next periods via private XRP sales and removing that buy pressure from public exchanges”. They will be acquiring Fiat and offloading XRP. Th
  12. @nikb in the spirit of what you have been saying about participating... I went to the link you provided earlier and saw the excellent live consensus graphic (at XRPL.ORG) and went a bit further to accidentally trip across this interesting ledger info saying there were missing unl validators in one particular ledger?? I tried to find out more, but there is not (that I could find) a legend or explanation for the graphic. I thought I would add the suggestion to: “show a legend with explanations” and it directed me here to XRPChat... so I’m doing it now. I think
  13. I went and looked at their terms and conditions to see where they talk about it. Holy crap. First up, even though long web pages are all over the internet and the methods to display them properly to ease reading have been known forever, these guys have used a tiny font and made each line a mile long, so just reading it is a struggle. Second up, they do indeed mention “n-degree arbitrage” in a very terse way but make no clarity about what it is or what happens if you accidentally stray into doing so. No definition at all. Lastly it must be noted that their method of dealin
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