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About Sporticus

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  1. Wait till Buttcoin gets dumped back down 80% again like it has over and over and then we will see who howls last. Same thing happened to XRP and Ripple got sued. The fat lady is Janet Yellen and she has not done very little singing yet.https://www.cnbc.com/2021/02/22/yellen-sounds-warning-about-extremely-inefficient-bitcoin.html
  2. https://www.msn.com/en-us/money/markets/dalio-sees-good-probability-bitcoin-gets-outlawed/ar-BB1eUImm?ocid=msedgntp Billionaire investor Ray Dalio, the founder of the $150 billion hedge fund Bridgewater Associates — the world’s largest — made a case that there’s a “good probability” bitcoin could be outlawed, similar to when the U.S. government made it illegal to privately own gold. As Dalio points out in his upcoming book “The Changing World Order,” the Gold Reserve Act of 1934 made it illegal for individuals to own gold “because government leaders didn’t want gold to compete with m
  3. I am a lawyer and have been seeking guidance from the SEC, but not on a "competitior" in any way, shape, or form. Our incubation is the difference between the miscarried fetus the tween aged homeless, junkie prostitute throws out in the dumpster at 3 AM. By comparison our baby is the pink lace clad infant the stork brings to your door and later graduates number one at both Harvard med and law schools and goes on to defuse nuclear missiles in flight, wins the Super Bowl MVP, and solves the unified field theory problem... XRP is a disaster and I personally lost a small fortune because of
  4. Zakinov filed a law suit against Ripple for violation of the securities laws and Ripple moved to dismiss but the federal judge refused. The SEC filed a law suit against Ripple for violation of the securities laws. Who here purchases XRP for anything except to see its value to rise? The SEC does not give a damned about Ripple's value. They only look at the law and whether it has been broken. Bitstamp and the US exchanges do not allow Americans to trade XRP. I lost quite a lot at Bitstamp when they announced you could sell XRP but not purchase. Gensler expressed in his lectures at MIT
  5. Unless your favorite, crypto Ponzi scam has a no action letter from the SEC or comes in under one of the three exisiting no action letters, that crypto project should be assumed to be a security. That is all you need to know. The CFTC and Giancarlo do not determine anything about securities status. Yellen does not like crypto and Genslar does not like crypto. That is all you need to know. The fat lady is about to fart.
  6. I agree and I think the Visa-Circle fee structure is the rub. The idea that you can get something for free inheres in the problem of tech generally and these freebies allow companies like Google and Facebook (or Ripple) to rob us of our informed consent. We never know what Ripple is doing with the money we invest in XRP which Ripple uses to fund its company and platform. The Internet is largely devoid of the social contract. The legal relationships we take for granted in the real world are suddenly gone in the virtual world. But, all the freebies we see in the virtual world are illusory
  7. If arrogance is explaining what the relevant SEC policy and securities laws allow, then I am guilty of arrogance. If arrogance is trying to find the truth and being objective about the most advanced state of payments, then guilty as charged. This is the technology, legal, and organizational approach which has been SEC vetted for VISA and Circle to use which performs the many tasks that Ripple set out to perform. This explanation documented in this article and by the SEC filing is not haughtiness, conceit, hubris, self-importance, or egotism. These explanations identify the pr
  8. The project has not been released pending final guidance by the SEC. It is not a "competitor coin", Ripple and XRP are at this point really deficient tech and easily bested, not only from the technical standpoint, but the legal, marketing, and organizational designs. So there is simply no competition from the deficient and criminal Ripple design with what our team is doing. The idea that in the United States you can launch a token without prior SEC vetting is a fools errand, just ask the Ripple fools with the fat bags of our money, which they invariably will have frozen and be required to
  9. Yes. The no action process is available to anyone who wants to obtain the position of the SEC about whether or not their asset is a security. Ripple never did this. It should have and to proclaim it is not a security without having obtained the SEC no action letter is probably criminal fraud.
  10. I think that with Ripple out of the picture then XRP is like any other decentralized crypto. Ripple as central controlled enterprise is what makes XRP a security. Otherwise, XRP is decentralized and operates much like Bitcoin, but without the mining costs and very much faster. If Ripple is required to destroy its nest egg, then there is certainty and a chance for scarcity. I think in the US there will need to be anti-money-laundering features put in place. The project I have been working on for the past three years has approached its launch in the exact opposite way that R
  11. but why now in late December is this being filed? Why December 22nd? Apparently, there was nothing left to negotiate and XRP was starting pump again with the flare scam and the nend of year rise, so there would be a new wave of bag holders if the SEC did not stop it. This is the part that doesn't make sense to me. The SEC had several years to stop and freeze these accounts, but instead allowed this to happen for years. If the SEC is meant to protect us, why did the organization and it's leaders not stop this from happening sooner? The position of the SEC has evolved slow
  12. Tesla is a publicly traded company and it is very simple to know wnat it is doing when it produces electric automobiles and markets them to the public. Those matters are all a subject of public disclosure. Ripple produces lots fo questions and the answers they give are suited to make them rich, and their marketing is an unlawful communication based upon the United States laws. Ripple et al can have their day in court and choose to defend before a jury. They are really very lucky that there is not yet an indictment. I have every confidence based upon my knowledge of the rele
  13. They either signed it or the SEC filing would have occurred immediately. Quit making excses for these confidence aritists. They have done enough damage already and to continue to support their bad actions merely gives people hope and keeps them drinking the Koolaid, as the saying goes. Ripple is a fraudulent scheme and we have been scammed, The sooner we admit that, the sooner we can go on.
  14. My opinion is XRP becomes like a decentralized BTC without any additional tokens once Ripple and its ring are blocked and locked. Without those con men dumping into the market, there is immediate scarcity and once the insiders are all shut down and the trove is locked up and destroyed, we are likely to see an organic rise comparable to LTC or Eth... XRP has a securities aspect because of Ripple. Take away the centrality and control, efforts of a third party, and all the other Howie and Turnkey Jet problems and XRP is one of the best payment tokens and rails.
  15. If Ripple is not in the picture, then XRP is like any other crypto, but without a lot of insiders dumping onto the market every time there is a rise. ODL might have promise, but at this point the hype about it is mostly broken promises. Mined coins require effort to create and they cost money to enter into the market, as well, there is a timing sequence which depends upon blocks' completion. You wonder why Ripple always bleeds back down to the twenties, while other top coins have robust rises since 2017? Well, maybe it has something to do with a cheap, relatively limitless aupply
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