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Sebastian

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Sebastian last won the day on November 20 2017

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  1. IBM also seems to be taking a different approach to generating revenue for the project. https://www.coindesk.com/ibm-signs-6-banks-to-issue-stablecoins-and-use-stellars-xlm-cryptocurrency
  2. I think there is a big difference though admittedly I am not familiar with how much work these other projects have done. When Xpring was announced, Ripple stated it was created so that other entities could actively pursue worthwhile use cases for XRP that Ripple did not have the resources to pursue. Below are some interesting quotes from some articles I read about Forte and Ripple. https://venturebeat.com/2019/03/12/forte-and-ripple-form-100-million-fund-for-mainstream-blockchain-games/ https://venturebeat.com/2019/02/26/kevin-chou-bets-big-that-blockchain-will-revolutionize-game-economics/
  3. Wow, Ripple is aggressively pursuing this use case. I know other cyrpto projects are as well. I also like the project is going to incorporate ILP, which should make it currency agnostic, as well as Codius.
  4. Amazing timing. 300% in 5 days and he got back in at 28 cents.
  5. I am going entirely off of memory because I could not find the posts. The person who bought 1 million XRP claimed to have established their position around 20 cents and did not expect it to take off like it did toward the end of 2017. They claimed to have sold between 70 and 80 cents, about a month later, knowing full well they could be leaving lot of money on the table. They did not think holding longer was worth the risk as they had made $500k in about a month and were independently wealthy before the run up. They posted their announcement of the sale during the bull run. It was posted well before XRP hit $1.
  6. Sebastian

    Hi! I'm Bob

    Thanks for sharing your vast knowledge of Ripple and XRP. I am going to attempt to return the favor. I wish you the best in your health journey. If you have not already, I would recommend checking out Virta Health. They use the ketogenic diet (high fat, low carb) with their patients to reverse prediabetes and type 2 diabetes. The diet is tailored to each specific patient as everyone has different carbohydrate tolerances and dietary preferences. They have had some pretty good results. Virta goes around to various Fortune 500 companies, such as the one I work for, and tell them half of their employees and employees' family members are either prediabetic or diabetic (which is true in America) which costs millions of dollars per year in complications, prescriptions, etc. For a fixed fee Virta medical doctors, nurses, and nutritionists than work with the employees and/or their family members to transition them to a ketogenic diet with the end goal of reducing or reversing their diabetes which can save the company millions. I have severe peripheral neuropathy from an adverse prescription drug reaction many years ago, and have found the ketogenic diet very beneficial. I consume around 75 grams of carbohydrates per day. Regardless of culture, most diets consume at least 150 grams of carbohydrates per day. If I were to regularly consume anywhere near that, in the long run I would likely face some sort of amputation similar to @CaptainHook's brother (not to mention nonstop burning pain in my extremities). Unfortunately, I do not qualify for the Virta program through my employer and am unwilling to pay the $6,000 annual membership fee. However, they have a lot of good online resources on their blog and YouTube channel. Most of what they discuss I already knew as I have been on a ketogenic diet for years and have read extensively on the benefits and risks but Virta has brought it all together and explained it in an easy to understand manner. https://www.virtahealth.com/ https://blog.virtahealth.com/ https://www.youtube.com/channel/UCbkeZcRugU8bUcOKwBIHjsg In addition to prediabetes and diabetes, the ketogenic diet has been clinically proven to treat epilepsy and it is being investigated for a wide range of additional health issues including cognitive (dementia, Alzheimer, traumatic brain injuries, etc.), cancer, and others. However, the diet should only be used under the care of knowledgeable and licensed medical professionals as certain lab work should be performed on a regular basis. In addition, blood glucose and ketones should be monitored daily. This is because there can be serous complications to the diet. I could easily write a post many times longer than this, but I am going to end it here as I do not want to derail this thread.
  7. ESG reporting has become a hot topic that is increasingly important to the market. Companies who perform well on material sustainability issues enjoy higher rates of return. Personally, I do not see Kroger or any major company implementing the BTC lightening network for domestic payments. I could see them perhaps exploring a service that offers a wide variety of cryptocurrency payment options, including BTC, but I suspect the demand for such payment options from their customers is next to non-existent. Most would probably prefer to be able to use their Visa instead.
  8. It will be interesting to see if companies, such as Kroger, seriously pursue cryptocurrency solutions for domestic payments. However, often times these disputes end up being eventually settled. Even if Kroger were to pursue a cryptocurrency solution, I highly doubt they would use Bitcoin or any other energy intensive cryptocurrency. The company, like an increasing number of companies, is very serious about their sustainability efforts: http://sustainability.kroger.com/.
  9. @MegaNerd, I think the following is likely true. Most people whose dollar cost average is (1) significantly higher price than today's price or (2) lower price than today's price, but did not sell during the bull run, will not be selling anytime soon unless there is a significant price increase. In hindsight, many of us wish we had sold a much larger percentage of our holdings in December 17/January 18. But if we did not sell then, we are not going to sell now unless we absolutely need the money. Selling now makes little sense. As a result, we are likely to remain range bound for the foreseeable future which means people are accumulating. I do not find much use for technical analysis as I do not trade. But I do enjoy reading posts that contain technical analysis: both the positive predicting $10 and the negative predicting $0.005. And I think general concepts like those @automatic have discussed are applicable. Today's price is a result of the buying and selling activity, over the past many months, of millions of people around the world.
  10. Some do not view the Coinbase listing as a significant development, but Coinbase is arguably the most trusted exchange in the United States and perhaps even the world. Also, their UI is better than Binance, Bitstamp, Kraken, and Polinex. Coinbase accepts a wide variety of payment methods including debit card (from both the EU and US), ACH, PayPal, and wire. Lastly, according to the Blockchain Transparency Institute, Coinbase is the fifth largest exchange in the world as many exchanges engage in wash trading. https://www.blockchaintransparency.org/december-2018-rankings Edit: The liquidity available on Coinbase is pretty remarkable. For users who are Level 2 verified, you can buy/sell up to $25,000 per day using ACH or PayPal. However, it is possible to buy/sell up to $250,000 per day via wire transfer. Both amounts, in my opinion, are crazy but obviously they must have customers with that type of money. Level 3 verification allows you to send and receive cryptocurrencies.
  11. @LeoiZuria, it is probably best for @Stedas to address your post.
  12. I am not sure if they approached him or he approached them, but I would be surprised if there was any type of payment. Having him write a blog post for Ripple was probably beneficial for both parties. I found the topic of his post interesting too. Ripple has been a vocal critic of stable coins.
  13. Thomas Lee recently wrote a Ripple Insight on stable coins. https://ripple.com/insights/stablecoins-a-lesson-in-market-predictions/
  14. Turns out, there was an issue with Coinbase Pro. After contacting support, XRP is now showing up in my account as an option.
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