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aye-epp

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  1. Like
    aye-epp reacted to tulo in CBDC on a private ledger with ILP connect to XRPL   
    Love the idea, but why Ripple is always late?
    CBDC, Stablecoins, NFT, ...they always jump in late. Hopefully for CBDC is still a good timing.
  2. Like
    aye-epp reacted to RobertHarpool in Biden SEC nominee Gary Gensler set for March 2 confirmation hearing   
    After I finished my doctoral dissertation on distributed ledger tech, I was invited by JPMorgan to their office in Boston to teach the admin and tech heads from MIT, Harvard, Brown, Brandies and some fifth college (?) about DL. I assure you, it was quite surreal to find myself teaching MIT heads about tech. I can further assure you that I didn't see Mr. Gensler there. He hadn't even heard of DL by that time. 
    So, to answer your question, yes. I'm aware of what Gensler has taught and where....and I also know that he has ZERO academic credentials to be teaching it... he never did a lit review, conducted a study, defended to a committee or any other academic research on the subject. No publications, no papers. Nada. 
    That's why I said that "From my vantage point, he lacks education, context and vision. He'll (continue to) make a great bureaucrat"
  3. Like
    aye-epp reacted to JASCoder in Jed's XRP sales prediction Feb 7-14 2021   
    I'm sure I speak for many here, your efforts are appreciated. I read your post too
    (and am one of your up-arrows lol) - I paid for a year of coil, and did notice the "pay-rate" ticker on
    coil-hosted content was pretty minimal (like while reading Hodor's blog). So your payout shows a fair number
    of subscribers did view, plus all the non-subscribers of witch didn't count towards your credit.
    I have viewed Coil as an "early public beta," to which you pay a crowdsource fee. It's a working sandbox Proof of Concept,
    which has required public participation to help properly field test it.
    As to its future, Zeus only knows.
    And as for Stefan's password fail, imho it's little different than knowing you could have purchased all you wanted at one cent, but didn't bother. In both cases you didn't care enuf properly secure yourself a long position.
    Opportunities lost just plain suck.
    Seems a part of life.
    Ask any gambler.
  4. Like
    aye-epp reacted to jbjnr in Charting the course of XRP   
    Well this thread is supposed to be about charting and TA and I thought it was a reasonable question.  (The dump comment was intended as a joke).
    Figures like $3 and upwards don't seem feasible to me since it would require too much injection of new $$$ - however, if a significant fraction of the wealth locked up in BTC were to transfer to xrp, then it might be possible - having sat through the bull run of 2017, I am prepared to be shocked by ridiculous prices, but I don't really see that kind of price range happening again as the amount of xrp in circulation is much higher than it was in 2017, and sellers are possibly more savvy. Once the SEC question is settled, then all bets are off, but that still a long way away. 
  5. Like
    aye-epp reacted to jbjnr in Two leading lawyers discuss SEC case and rip Ripples's arguments to shreds   
    This morning, the sales went back to normal schedule, so I guess it was some small issue that stopped them temporarily. 
  6. Like
    aye-epp reacted to jbjnr in Charting the course of XRP   
    Could people please create/use other threads to discuss other topic and keep this one on "charting the course off xrp" - some of us want a quick look at the latest TA contributions without having to read all the opinions on other topics. Thanks.
  7. Like
    aye-epp reacted to Babelly in Poll: Have You Sold ?   
    People love "buy when there's blood in streets" but don't realize their trying to putting a Band-Aid on their own cut that needs stiches.  This isn't buying the dip, you can make your losses back going into a different project and then re-enter with a bigger stack if you truly believe in it.  I intend to do that, but I'm also watching carefully.
  8. Like
    aye-epp reacted to mrenne in My complaint to the SEC   
    You can see you put a lot of thoughts in it @jag216, but I think this sentence is the essence.
    Whereas Ripple has always been so proud to closely work with regulators, and the community was eagerly waiting for a regulatory framework - possibly not without one or more heavy discussions, which you should take into account if you invest in innovations - one of the regulators just said "no, we don't like your idea".
    No questions, no discussions, just a "no" with every more or less valid argument they could find being good enough. Obviously, Ripple failed to convince the regulators. That's my biggest disappointment.
    Whether the SEC needs to be convinced or not will be determined by court. This can take a long time and the outcome is unsure. It is unsure because we are dealing with innovations and so many things are unclear. If you want clarity, you set up a regulatory framework for the space and then you check which elements fulfill the requirements and which don't. If there is no framework, everything is open for discussion. Everbody knows what securities and investment contracts are, and everybody knows the Howey test. Yet the law is not that clear, especially because it was written in times where digital currencies did not exist. As a matter of fact, they were written in times where digital did not exist.
    So that means: it's all up for discussion. The SEC knows that, and they go for it. That's my biggest fear. 
  9. Like
    aye-epp got a reaction from Eric123 in Epic Pennant on BTC Chart   
    The better measurement is $ settled, not # transactions handled
    I can move $2B across the world and settle in a few minutes. Can I do this with Visa?
  10. Like
    aye-epp got a reaction from Fahimth14 in Epic Pennant on BTC Chart   
    The better measurement is $ settled, not # transactions handled
    I can move $2B across the world and settle in a few minutes. Can I do this with Visa?
  11. Like
    aye-epp reacted to xrphilosophy in Epic Pennant on BTC Chart   
    Please stay on the topic thread, charting. You can open another thread to discuss the relative merits or demerits of Bitcoin.  Thank you!
  12. Like
    aye-epp reacted to Pablo in Ripple Defence   
    Is there a reason why you think this might be relevant? I'm wondering if it will be easier and more relevant to read the Kik judgement?
    In Kik, Justice Hellerstein summarised the relevant case law and also provided his logic as to how it extended to the Telegram ICO for each limb of Howey. It's the first time any Judge in the US has gone into depth on the issue and Hellerstein is no lightweight so it has important precedential value.
    In fact, if people haven't read Kik and Telegram, I don't see how they can comment on the current matter against Ripple. This case is being brought before the same courts in New York that heard both Telegram and Kik. And it's even possible it will be heard by one of the same justices.
  13. Like
    aye-epp reacted to cmbartley in Ripple Defence   
    No idea what the outcome will be, but I don't think it's the job of individuals to protect a multi-billion dollar company. They can defend themselves. Ripple has enjoyed enormous support from XRP holders for years. As a holder of XRP you should be laser focused on how this lawsuit and its potential outcomes might affect your holdings and the network. I think it's reasonable for people to try to analyze the situation as dispassionately as possible so they can make a reasoned decision. 
    One question that just came to mind is, how long can Ripple last as a corporation if they are prevented from selling XRP until the case is settled? The SEC filing suggests there's little revenue from their enterprise software business. If Ripple goes belly up, who takes ownership of their XRP and can they expected to be good stewards of the asset or will they simply flood the market as the escrows unlock?
  14. Like
    aye-epp reacted to cmbartley in Forbes: SEC V. Ripple: The Cryptocurrency Trial Of The Century   
    Just keep in kind that this is not reporting. This was written by a "contributor".
  15. Thanks
    aye-epp got a reaction from Pablo in Ripple Defence   
    Appreciate your insights and level-headedness throughout this thread
  16. Like
    aye-epp got a reaction from Julian_Williams in Ripple Defence   
    Appreciate your insights and level-headedness throughout this thread
  17. Like
    aye-epp reacted to 2ndtimearound in Ripple Defence   
    Great points - it's something I've been trying to say, but less succinctly.  It's not really about "is XRP a security?" - it's about Ripple's conduct and even more to the point, their purpose.  It seems their real purpose is to profit from XRP sales - to put it bluntly. The kinder view is they got distracted by the money-printing machine next to them and kept using it over and over again.  Even if it wasn't their original purpose, it's become their purpose. They see that retail traders prop up the price via "bullish news" - so perhaps the point of ODL is a kind of dog and pony show to say "see? We're moving forward!" - yet the MG debacle reveals the contrived nature of this "business growth".  Ripple are always promising jam tomorrow but never delivering.  Their excuse is always "a lack of regularity clarity" yet they could have built corridors outside the US and moved to another country years ago.
  18. Like
    aye-epp got a reaction from 2ndtimearound in What is your exit strategy if there is a XRP bullrun?   
    Pretty delusional to think institutional money has mostly left
  19. Thanks
    aye-epp got a reaction from Quadripple in What is your exit strategy if there is a XRP bullrun?   
    Pretty delusional to think institutional money has mostly left
  20. Like
    aye-epp reacted to 2ndtimearound in What is your exit strategy if there is a XRP bullrun?   
    We're used to being wrong here...we can handle it.
  21. Like
    aye-epp reacted to WrathofKahneman in Ripple invest in Moneytap   
    Interesting sidenote to this investment is that Moneytap ,while running on Ripple, has also integrated R3's Corda for their S-coin platform to issue regional currencies.  So Corda & Ripple are together within one app in a manner that leads to a question of whether or not Ripple might also be used for cross-currency transactions between Japanese regions given the inefficiency of the domestic system?  For example - paying a relative's electric bill in another region. (Tokokawa coin was the first S-Coin trial with Chikuho bank)
  22. Like
    aye-epp got a reaction from NightJanitor in Is claiming Flare Token/Spark via GateHub a good choice?!   
    I just used xumm and it's crazy simple
    https://coil.com/p/wietse/Prepare-for-claiming-your-Spark-token-Flare-Networks-a-tool-for-XUMM-XRPToolkit/NkXJQUqpi
    I control my own account and it was super easy to: add my xrp account, follow steps provided to add a Flare pointer to my ETH addy, remove my account from xumm to go back in cold storage (definitely go back to xumm if I have a need to transact)
    @Wietse and group do a wonderful job focusing on UX - highly recommend.
  23. Like
    aye-epp got a reaction from Truckdriver in Is claiming Flare Token/Spark via GateHub a good choice?!   
    I just used xumm and it's crazy simple
    https://coil.com/p/wietse/Prepare-for-claiming-your-Spark-token-Flare-Networks-a-tool-for-XUMM-XRPToolkit/NkXJQUqpi
    I control my own account and it was super easy to: add my xrp account, follow steps provided to add a Flare pointer to my ETH addy, remove my account from xumm to go back in cold storage (definitely go back to xumm if I have a need to transact)
    @Wietse and group do a wonderful job focusing on UX - highly recommend.
  24. Like
    aye-epp got a reaction from Wietse in Is claiming Flare Token/Spark via GateHub a good choice?!   
    I just used xumm and it's crazy simple
    https://coil.com/p/wietse/Prepare-for-claiming-your-Spark-token-Flare-Networks-a-tool-for-XUMM-XRPToolkit/NkXJQUqpi
    I control my own account and it was super easy to: add my xrp account, follow steps provided to add a Flare pointer to my ETH addy, remove my account from xumm to go back in cold storage (definitely go back to xumm if I have a need to transact)
    @Wietse and group do a wonderful job focusing on UX - highly recommend.
  25. Thanks
    aye-epp got a reaction from BillyOckham in Is claiming Flare Token/Spark via GateHub a good choice?!   
    I just used xumm and it's crazy simple
    https://coil.com/p/wietse/Prepare-for-claiming-your-Spark-token-Flare-Networks-a-tool-for-XUMM-XRPToolkit/NkXJQUqpi
    I control my own account and it was super easy to: add my xrp account, follow steps provided to add a Flare pointer to my ETH addy, remove my account from xumm to go back in cold storage (definitely go back to xumm if I have a need to transact)
    @Wietse and group do a wonderful job focusing on UX - highly recommend.
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