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GiddyUp last won the day on October 27 2017

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  1. This is the market... This is the reality... Just my opinion
  2. US Congress Holds Hearing on Crypto: Witness Profiles By Stephen O'Neal https://cointelegraph.com/news/us-congressional-hearing-on-cryptocurrencies-witness-profiles "Today, on July 30, United States lawmakers will once again gather to debate cryptocurrency and blockchain policy in a hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain.” The hearing is scheduled for 10 a.m. EST and will be broadcast live." "This time, the U.S. Senate Banking Committee is planning to hold a broader discussion on crypto following the intense, Libra-focused testimony earlier this month. The witness panel will be represented by Jeremy Allaire, co-founder and CEO of payments company Circle, who will speak on behalf of the Blockchain Association; Rebecca M. Nelson, a specialist in international trade and finance at congressional think tank the Congressional Research Service; and law professor Mehrsa Baradaran from the Irvine School of Law at the University of California." Watch the Senate Banking Committee’s Crypto Regulation Hearing Live Daniel Palmer "The U.S. Senate Committee on Banking, Housing and Urban Affairs is holding its hearing on regulatory frameworks for cryptocurrencies and blockchain today." "The open session, titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain,” is set to start at 10:00 a.m. EST (14:00 UTC). It’s not so far been made clear if the event will be more of a fact-finding mission or if specific legislation will be discussed." https://www.banking.senate.gov/hearings/examining-regulatory-frameworks-for-digital-currencies-and-blockchain
  3. BTC might get a boost from the new Branson-backed exchange, I posted over here...
  4. This could be huge - high-speed trading for institutional investors... we can only hope that XRP will be among the 26 trading pairs, but I think that the Blockchain wallet only supports BTC, BCH, ETH and XLM at this time? https://www.cnbc.com/2019/07/30/bitcoin-blockchain-launches-crypto-exchange-to-take-on-coinbase.html Branson-backed cryptocurrency firm launches a super-fast exchange to take on Coinbase PUBLISHED TUE, JUL 30 2019 7:00 AM EDTUPDATED 3 HOURS AGO Ryan Browne Blockchain’s exchange is the result of work led by a team of former trading industry executives. The exchange can execute orders in a matter of “microseconds,” according to CEO Peter Smith. The firm has raised $70 million from investors including Richard Branson, Alphabet and Lakestar. "Blockchain, one of the world’s largest cryptocurrency wallet platforms, says it’s launched a digital currency exchange aimed at delivering “lightning-fast” trades. The company’s exchange, called The PIT, is the result of a behind-the-scenes effort led by a team of former executives from the New York Stock Exchange, TD Ameritrade, Google and Goldman Sachs." “There’s a huge audience of people who have not yet placed their first bitcoin trade,” Nicole Sherrod, head of trading products at Blockchain, told CNBC in an interview. Sherrod previously led the active trading product team at online stock broker TD Ameritrade before joining Blockchain." "Sherrod said the new trading platform would give investors a degree of liquidity not seen in competitor exchanges."
  5. The FATF rules are the main thing to come out of this, I think. Maybe some other members have insight into this... https://www.mof.go.jp/english/international_policy/convention/g20/communique.htm Communiqué,G20 Finance Ministers and Central bank Governors Meeting, Fukuoka.(Jun.8-9,2019) 13. "Technological innovations, including those underlying crypto-assets, can deliver significant benefits to the financial system and the broader economy. While crypto-assets do not pose a threat to global financial stability at this point, we remain vigilant to risks, including those related to consumer and investor protection, anti-money laundering (AML) and countering the financing of terrorism (CFT). We reaffirm our commitment to applying the recently amended FATF Standards to virtual assets and related providers for AML and CFT. We look forward to the adoption of the FATF Interpretive Note and Guidance by the FATF at its plenary later this month. We welcome IOSCO’s work on crypto-asset trading platforms related to consumer and investor protection and market integrity. We welcome the FSB’s directory of crypto-asset regulators, and its report on work underway, regulatory approaches and potential gaps relating to crypto-assets. We ask the FSB and standard setting bodies to monitor risks and consider work on additional multilateral responses as needed. We also welcome the FSB report on decentralized financial technologies, and the possible implications for financial stability, regulation and governance, and how regulators can enhance the dialogue with a wider group of stakeholders. We also continue to step up efforts to enhance cyber resilience, and welcome progress on the FSB’s initiative to identify effective practices for response to and recovery from cyber incidents." 14. "We welcome the United Nations Security Council Resolution 2462, which stresses the essential role of the FATF in setting global standards for preventing and combatting money laundering, terrorist financing and proliferation financing. We reiterate our strong commitment to step up efforts to fight these threats. We call for the full, effective and swift implementation of the FATF Standards. We welcome the achievement of the FATF Ministerial Meeting in April this year that has given the FATF an open-ended mandate and led to strengthening the FATF’s governance, including the biennial ministerial meeting and the FATF Presidency’s term extensions. We look forward to the FATF’s Strategic Review. We welcome FATF’s commitment to monitor the risks and opportunities of financial innovation, and to ensure the FATF standards remain relevant and responsive. We ask the FATF to report back on progress in 2021. We look forward to further action by the FATF to strengthen the global response to proliferation financing." https://www.coindesk.com/g20-reaffirms-it-will-apply-expected-tough-new-fatf-rules-on-crypto G20 Reaffirms It Will Apply Expected Tough New FATF Rules on Crypto "The FATF standards are expected to set tough operating procedures for crypto exchanges, going beyond the basic “know your customer” (KYC) rules that most major exchanges now abide by. In addition to verifying and keeping records of their users’ identities, exchanges and other service providers would have to pass customer information to each other when transferring funds, just as banks are required to do – a procedure known in the U.S. as the “travel rule.” https://news.bitcoin.com/policymakers-crypto-guidance-standards-g20-supports/ Policymakers Meet to Finalize Global Crypto Guidance - A Look at Standards G20 Supports "At the G20 Finance Ministers and Central Bank Governors Meeting in the Japanese city of Fukuoka on June 8-9, the G20 countries issued a joint statement regarding crypto assets. Noting that “Technological innovations, including those underlying crypto assets, can deliver significant benefits to the financial system and the broader economy,” their statement reads: While crypto-assets do not pose a threat to global financial stability at this point, we remain vigilant to risks, including those related to consumer and investor protection, anti-money laundering (AML) and countering the financing of terrorism (CFT)." https://news.bitcoin.com/g20-crypto-global-standards/ G20 Starts Crypto Discussions - A Look at Global Standards "Christine Lagarde, Managing Director of the International Monetary Fund (IMF), mentioned crypto assets in her speech at the meeting on Saturday afternoon. She believes that “harmonization of different approaches from country to country, such as dealing with crypto assets and non-bank financial intermediaries, is important, but it also needs to aim for financial stability and consumer protection,” Nikkei conveyed. The IMF chief was further quoted as saying: It is important to continue international dialogue, but it is not as easy as it looks." "A number of global organizations have been working on regulatory standards for crypto assets which the G20 countries can apply in their own jurisdictions. They include the Basel Committee on Banking Supervision (BCBS), the Committee for Payments and Market Infrastructures (CPMI), the International Organization of Securities Commissions (IOSCO), the Financial Action Task Force (FATF), the Organisation for Economic Co-operation and Development (OECD) and the Financial Stability Board (FSB). Each covers different aspects of crypto asset risks within their respective mandates. The FSB elaborated: Standard-setting bodies and other international organisations are working on a number of fronts, directly addressing issues arising from crypto-assets. They are mainly focused on investor protection, market integrity, anti-money laundering, bank exposures and financial stability monitoring."
  6. Hi @AllZerps and welcome to the forum... You may find that we try to be a little more mellow and conversational here - it makes for a more enjoyable experience. Hope you have a nice weekend!
  7. No worries, that's my normal Can't remember if I got paid or not tho
  8. Well, I guess that will teach me to drop a bomb before I go to work! Fun discussion ya'll, thanks to @Julian_Williams for your gallant defense - you are a true gentleman even though I'm not much of a lady lol. I always enjoy your posts @Tinyaccount and @OzAlphaWolf you said exactly what I was trying to convey. I think I'll just go back to my funny memes and leave it at that
  9. All of these recent posts about how we have somehow been suckered into some giant ponzi scheme have baffled me and made me laugh. Anyone who has studied the history and progress in this space would have to logically conclude that the sale of XRP at under a dollar has been an absolute gift. Many have been saying how the "greedy scammers" have taken us for a ride, that we are innocent bag-holders for Ripple. IMO they are missing out and will not buy at the current lows. Ironically, these same people will probably try to buy in once the price begins to skyrocket (which I firmly believe it will) once all the pieces are put into place. I'm enjoying watching the advancement of XRP in the "real world" and am not at all anxious about the price; am in it for the long haul... This is just my opinion and not investment advice.
  10. https://psychologenie.com/concept-of-naive-realism-explained-with-examples "Naive realism is a part of the study of perspectives, and states that our senses have the ability to see things as they are, physically. Psychologically, it states that we see the world through our perspective, and we have a correct representation in our mind." "The Wall Street Game/Community Game Experiment: An experiment was conducted on the students of Stanford University. The game of 'Prisoner's Dilemma' was applied in this case. Students were asked to elect those candidates that were most likely to cooperate and non-cooperate, respectively. However, when the game was explained to the candidates, along with the pay-off matrix, it was alternately named 'The Wall Street Game' and 'Community Game', respectively. The results were surprising." "Out of the players in the game titled 'The Wall Street', only one-third decided to cooperate. On the other hand, out of the players in the game titled 'Community Game', more than two-thirds decided to cooperate. In the next trial too, this behavior of the players of the respective games persisted, thus proving the impact of 'labeling'." I would say that you think Ripple is playing "The Wall Street Game" and I think they are playing "The Community Game". I believe this colors both of our perspectives... Signed - (bold emphasis is mine)
  11. Sooooo, you would rather they wait to sell at $20-$100 to finance their lavish lifestyles (like we are?) LOL you're so funny
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