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Lawyer

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Everything posted by Lawyer

  1. Other alts I like are some of the ones TT just shilled. They're doing well against BTC right now. SNT, SOLVE, ZRX. Also like DGB which seems to want to keep heading north. I actually recently sold 40% of my XRP to put it into some alts that actually move. First time I've ever sold any XRP since I got into crypto almost 4 years ago and have watched many other opportunities pass waiting for XRP utility to move the price. As of now I plan to keep the rest of my stash but it gets harder and harder to justify it. Only thing that keeps me from selling it all is this is exactly how I felt before 2017 giant pump.
  2. IMO the time to do that was March 13 when it crashed nearly 50% during peak corona paranoia. It really has pumped from there, now up around 140%. That's why I lean to this just being one of those flash stop hunting drops that happen on the way up. If the whales are smart they'll keep pumping to get media coverage and bring new money in.
  3. I agree. If BTC whales were smart they'd pump the s out of BTC so that it would hold the spotlight in this time of turmoil and the store of value narrative would attract a lot of new capital. Coordinated dumps damage that narrative. I'm considering this a flash sale and buying here. Long term, I think BTC continues to move up.
  4. Right on, man. I'm scooping up more too. Ready to be done lawyering.
  5. Decision time would be right near the halving
  6. I'm too nervous to follow your lead but I think it'll pay off for you. Hard to see us moving anywhere but down with the chaos going on right now. I also don't want to restart my long term capital gains clock. Will definitely try to double my position at $0.10 though!
  7. I think the global reaction to Wuhan Virus doesn't invalidate anything. Time will tell but this was not an anticipated event or a structural issue. Who knows. I'm just a lawyer and not as smart or handsome as I look. EDIT: Buy these low prices.
  8. @automatic solid posting. Good to see posters like you are still around and sharing good info.
  9. If was a whale that controlled BTC, I would have called my other whale bros and pumped BTC hard starting on Monday 2/24/2020 to make it look like big money was moving out of equities and into crypto as a safe haven due to the Coronavirus. The idiots in the mainstream media would have lapped it up and reported on it nonstop because they are idiots and retail investors would followed suit moving money into BTC. Could have started the next mega bull run and get super mega rich. I wonder why BTC market manipulating whales chose instead to drop the price and damage the perceived notion that BTC is a safe-haven and store of value.
  10. @Eric123, what do you think about Bob Loukas and his 4 Year BTC Cycle analysis? https://www.youtube.com/watch?v=ivWdOztDkv4 https://www.youtube.com/watch?v=PZvOhJYW_Hw
  11. I thought these videos were interesting regarding BTC market cycle. He was spot on at the time he made the video and we are still on pace. This is for Bitcoin but everything else will follow it. We won't see gains like we did in late 2017 until there is mania in the market again and everyone and their mother is trying to buy crypto. https://www.youtube.com/watch?v=ivWdOztDkv4 https://www.youtube.com/watch?v=PZvOhJYW_Hw
  12. I meant with zero utility and based solely on speculation. Now there's almost no price action even though XRP and Ripple are fundamentally stronger than ever before. I agree with you that it seems the only way we'll ever see ATH+ is if Bitcoin generates news and people come back into the space.
  13. This is something I've long wondered about. What allowed XRP to soar to ATH back in 2017. I wish I would have sold and paid off my house. Alas, here we are, waiting.
  14. Hi @BobWay, thanks for sharing your views and responding to our questions. One of the reasons I started buying XRP back in ‘17 was bc of Basel and how a digital asset like XRP might enable banks to manage regulatory burdens related to capital requirements and liquidity. To the extent a bank can hold XRP directly in the future doesn’t it free up dollars to meet Basel 3 requirements? Can you shed any light on the interplay here and how XRP might fit within the Basel 3 puzzle and benefit banks from a regulatory perspective? Thanks!
  15. Hey @ManBearPig, Steve here. It was a slate colored suit. Where’s my money man? Pay up!
  16. Lawyer

    Hi! I'm Bob

    Well said Lawsuit. I echo your sentiments. Welcome to @BobWay and thank you to @Hodor for his selfless and consistent work to bolster this community and teach members as they join.
  17. Right now with the government shut down, the SEC and CFTC are not doing anything unfortunately, including approval of Bakkt. Will take some more time but I don't foresee any regulatory roadblocks for Ripple. Everything I have read seems to point to them having done an outstanding job engaging with regulators and going about the process in a thoughtful and strategic way.
  18. Will you PM me with the names? NM, I should have read a bit further before asking. Thanks, I will do some reading on Agrello
  19. I decided to throw some money at this. There is a company behind it and with connected autonomous devices taking over everything, I think this has real potential.
  20. Why’s that? You think it’d be viewed as a dividend? Would need to weigh that versus decentralization bc we’re already at risk of being deemed a security. If Ripple doesn’t control majority of coins they’re much better off. I was just noodling, haven’t researched the securities issue much yet and am not an expert in securities law. My focus is on technology and commercial transactions.
  21. Decentralization is of upmost importance given the dialogue in Congress this past week. Technical decentralization with additional public validators is one thing but Ripple owning 60% of XRP is more concerning to me because it is an easier issue for the idiots in Congress to comprehend. Perhaps an airdrop to current hodlers until Ripple's position is 49% might be a way to address it but with their position escrowed it would need to be part of a long term plan with any portion not sold to partners being sent to hodlers. If Ripple announced something like this it'd certainly drive near term liquidity and if it put the XRP is a security debate to rest it may sustain that growth for the long term. https://coincenter.org/link/sec-chairman-clayton-bitcoin-is-not-a-security "Congressman Emmer stands up for cryptocurrency innovation and gets important regulatory clarification from the SEC. In today’s hearing, Congressman Emmer (R-MN) had an excellent line of questioning for the Director of the SEC’s Division of Corporation Finance, William Hinman, on the subject of open blockchain tokens and regulation. Hinman responded that the initial sale of a token is difficult to have without it being security issuance. But he also said that “it is certainly possible that there are tokens that would not have the hallmarks of a security.” He went on to specify what a token that doesn’t have those hallmarks might look like: “a token where the holder is buying it for its utility rather than investment, especially if it's a decentralized network in which it’s used with no central actors.”"
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