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mrhat75

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  1. Like
    mrhat75 reacted to Decima in XRP Price Jumps Despite Misty Clouds Over Hinman’s Deposition   
    After being in this space for a number of years, I've come to view news of this nature as superfluous.
    Pick your poison and create your news:
    XRP surges/crashes by 10%/20%/30%/50% in a day/7 days/1 month due to/despite (china/india) banning bitcoin/ jed dumping x amount of xrp/ swift go announcement/ sec lawsuit/ odl corridor launch/ bitcoin rally/ 10 new banks that just signed on to ripple this week etc..
    Frankly, I find this to be of little use most of the time. Yes it rose by x% in 24 hours, I could see that on coingecko/livecoinwatch/cmc etc.. Yes, such and such an event happened, or is about to happen. Connection? Maybe, maybe not. Usefulness? Not much.
  2. Haha
  3. Like
    mrhat75 reacted to RikkiTikki_is_Back in First live On Demand Liquidity offering in Japan   
    I wonder what our illustrious leaders are thinking on news like this in the USA because the eastern side of the planet is about to leave us in the smoke when it comes to taking advantage of the digital asset space. While were stifling innovation with litigation geared more towards greed and control than actually helping the very constituents that are being represented, other countries are moving forward.  Do we have a catch up plan?? Are things in motion were not privy to?? Who knows but the rubber is about to meet the road here and It's time for the Good Ole US of A to $hit or get off the pot as it relates to what their going to do in regards to crypto/Digital assets etc!! In the words of the infamous Borg "Shot out to all my Trekkies out there!!"  "Resistance is Futile!!"
  4. Like
    mrhat75 reacted to JASCoder in Charting the course of XRP   
    Just noting another XRP 'mini spike' disconnected from the general market's action. 
    Beginning about 8am in Tokyo  
    Guess they're catching up with the SBI news ?
    Gooood morning to our Asian friends !
  5. Like
    mrhat75 got a reaction from Seoulite in Charting the course of XRP   
    I hope this too. It's such a shit project and needs to die. So many projects are better and never get the light of day.
  6. Like
    mrhat75 reacted to RipMcGillicuddy in Charting the course of XRP   
    Be fine with BTC going to 5k and then just being banned from everything. It's a lame duck with too much dominance. As much a scam now as its ever been and only going to become more of one as the Lords of Censorship like Jack Dorsey try to establish control of it. 
  7. Like
    mrhat75 reacted to thinlyspread in NWO   
    I don't. They had everything on a plate! I feel bad for young people trying to save and wanting to start a family, but they can't because real inflation is eating away at their standard of living and they're slowly drowning without holding any appreciating assets. 
  8. Like
    mrhat75 reacted to RipMcGillicuddy in NWO   
    Good stuff to think about. It's really been bugging me that the government has Ripple tied up, effectively not letting me cash out of that position (nevermind that it didn't allow XRP to even approach its previous ATH while 90% of crypto surpassed it. 
    I fear the trigger event happening before XRP gets unlocked / relisted / discovers price / etc. 
    And I'm not sure if that is part of the plan. I do find it odd how little airtime Ripple gets, but I haven't yet convinced myself that is conspiratorial. I think it's much more likely due to the laziness/ineptitude of the media. 
  9. Like
    mrhat75 reacted to RandyMarsh in XRP Price In Accumulation Phase! Is the SEC Decision an Impending Catalyst for XRP to Rise Again?   
    In my opinion, if good news came from the case right now - settlement or better - it would result in a small pump prior to it beginning to stagnate again. However, at that point if BTC starts to move, even a bit, I could see xrp making big gains.  
    What is the next significant date in the case, I wonder ?
  10. Like
    mrhat75 got a reaction from aavkk in Charting the course of XRP   
    My US tax advisor for my business said I don't owe the IRS shit unless I sell. First drop and subsequent drops. If it trades at $1 on month two and I sell a year later at $3 then I'm taxed long term capital gains on the $2 profit.
  11. Like
    mrhat75 got a reaction from DannyRipple in Charting the course of XRP   
    My US tax advisor for my business said I don't owe the IRS shit unless I sell. First drop and subsequent drops. If it trades at $1 on month two and I sell a year later at $3 then I'm taxed long term capital gains on the $2 profit.
  12. Thanks
    mrhat75 reacted to Ripley in Charting the course of XRP   
    Make sure you declare and then don't pay taxes explaining why. Then the 3 year statute of limitations applies. If you don't declare it at all, it's going to bite you because they can change the law and then you have to go fight a Fair Notice Defense
  13. Like
    mrhat75 reacted to Ripley in Charting the course of XRP   
    These are times that remind me that I’ve been sorely missing @galgitron for the past few months on Twitter. With the incessant noise around the lawsuit, he finally gave up. For his specific analysis, I would have given money but he wouldn’t take it. 
  14. Like
    mrhat75 reacted to Julian_Williams in Charting the course of XRP   
    This is the most exciting Ripple Video I have ever watched.   It gives the lie to the meme that Ripple are losing their lead in the market.  
     
     
    1.30 Nicolas Steiger explaining crypto wallets on version 2 ODL to Crypto Eri
    4.00 Mickey explaining super wallets that are segregated.
    5.00 able to lend XRP to get ODL running (Ie sell XRP into the ODL/Ripplenet to get the ODL users funded)
    7.00 segregated super wallets for ODL users
    8.00 use of funds - for setting up pools of stablecoins within these multi chain multi asset super wallet ODL system  and it evades SEC regulations.  Also dovetails with Polysign custody 
    11.00  Ash Burla  - new Ripple insights - Enterprise for crypto future, Ripple evolving from cross border service into a platform providing tokenising services that will bring crypto capabilities to the enterprise 
    13.00 This is an integrated futuristic service where ODL have been integrated defi,tokenisation and smart contracts and Polysign integrated with banks and Fintech
    16.00  Every customer who joins Ripplenet will have one of these super multifunction fiat/crypto/stablecoin/tokenisation wallet plus free credit from Ripple..with Polysign integration
    19.30 fits with XPool and new patents.
    21.00 Refined ODL to a new system.  ODL can bypass use of external exchanges because wallet becomes source for XRP ODL enabling multi currencies on a single wallet.  This opens up a huge new market with KYC built into it, topped up with money from Escrow. 
    23.00 - Ripple announced new products coming, what will it be?  Pools or tokenisation or lending 0r digital identity?  
    26.50 opportunity to create a range of different wallets with differing functionality.  Might also integrate with FLR features
    28.40 Sidechains.  New market model developing.
    32.00 Tranglo with own on off fiat ramps  Ripplenet will have its own apps store with own apps.  Whole platforms are being built  - like Moneytap
    Ripplenet with Polysign are a killer combination and Ripple are managing all this in teh middle of an SEC case.  SEC completely outmanoeuvred because they are not selling, XRP, they are loaning.  
    36.00 XRP rice does not matter much at this moment - no need for stable price.  But they have a patent for covering slippage.  Increasing in value provides more and more liquidity.  XRP main use case becomes collateral in a dynamic system (compared to BTC static system).  Hardware wallets are made redundant.
    39.00  flexible decentralised self custody/non self custody wallets with identity which is a bridge between the technical world and real world usage, included with retail. These are Public decentralised networks.
    44.30  Escrow has been set up to be connected XRPL with conditions to support and enhance the network, and it will drive adoption and a marketplace.  
    45.30  Big bang  - "tokenisation of digital security issuance and DeFi to collide"  this is the point at which fiat might become redundant.  Running on multiple networks. 
    46.00 99% of tokens will not disappear.  The paradigm is that there will be many more tokens on different layers with many different specialist use cases.
    48.00 FLR is not a start-up it is a development built on top of the network that give XRP superpowers with yields and Defi smart contracts.  
    50.00 Flr is a data provisioning network.  This is really new and really important development - it obliterates what Corder Settler does.  
    51.30 Corda Settler is so much less that this system (centralised).  Might develop, but right now it is pretty much unusable.  Flr digests all the datasets in a decentralised way that can be proven to be accurate with a centralised Oracle feature to use
    55.00 data collection
    56.00 Verify data
    56.00 two way Bridge between FLR and XRP ledger Verify collateral backing a stablecoin.
    57.30 Flr is super complimentary
    1.00.00  video clip Nicolas Steiger lines of credit.  Line of credits is optional to gain new users.  Better service than banks can supply to FIs.  Letters of credit could be NFTs.  
    1.04 Corridors will bring clarity will get the flywheel spinning.  Tranglo will convert their huge network of wallets to these new wallets and we will see the 100 dollar XRP.
    1.06.30 Defi platforms.
    1.07.30  Ripple have invested into 50 Defi projects.  These are not talked and known about.  Ripple net is a hosted smart contract network, and this is a big domino in teh rollout
    1.09  Escrow release how it really works.  Bob Way explained - it is conditional.  It is automated  New documentation about these conditions. Maybe the new wallets integrate with these conditions.
  15. Like
    mrhat75 got a reaction from Ahchai in Charting the course of XRP   
    Quincy is picking up steam because he tells people what they want to hear. BG123 and others have done this before. Hell even Bob Way came in and made people think really great about their investment for a while too.
    He has substance for sure, maybe he will be correct in the end. People should never get their hopes up because of any influencer and that goes for Brad, David, or anyone else.
     
  16. Like
    mrhat75 reacted to Cambridge in Charting the course of XRP   
    Sad but it feels like this is the case, atleast for now. 
    I can't believe the SEC is getting away with suppressing the XRP market. It's clear the SEC and some of the officials were in the wrong, yet here we are.
    How can they support Ether after having a public and video recorded giveaway of ether tokens by the Ethereum Foundation, while receiving millions on the back end like Hinman? 
    They activately suppress the XRP market because exchanges in the US are afraid to list XRP, developers are unsure whether to develop new platforms onto the ecosystem without clarity and business don't want to get involved either. 
    I really hope the judges end this soon. The fact that J Clayton left this mess and left his post earlier than expected just shows how one-sided the SECs position is.
    They don't care about retail investors. If they did, this would have been resolved within the eight years the SEC had to inform themselves and provide a framework to work within. 
    From a legal perspective, they've already been ridiculed and proved incompetent and on the world stage, regardless of how the judges decide at this point.
  17. Like
    mrhat75 got a reaction from BillyOckham in Charting the course of XRP   
    Quincy is picking up steam because he tells people what they want to hear. BG123 and others have done this before. Hell even Bob Way came in and made people think really great about their investment for a while too.
    He has substance for sure, maybe he will be correct in the end. People should never get their hopes up because of any influencer and that goes for Brad, David, or anyone else.
     
  18. Like
    mrhat75 reacted to Julian_Williams in Charting the course of XRP   
    I disagree.  I think there is plenty of institutional and retail money to come into crypto if the circumstances are correct.  As Quincy so succinctly put it the price of XRP will be determined by the value of the assets in the XRPecosystem, including debt. And the eventual price of XRP is a complete unknowable.  Even a million dollar valuation cannot be discounted (estimating future price is just speculation and really any figure chosen is as good as any other).
    The problem is that at the moment the money coming into crypto is not being directed to crypto with utility.  Investors value Doge coin as having better prospects for adoption in the real world of business than XRP and XDC, and they believe in BTC being a Store of Value even though there is not enough energy on the World grid to maintain the BTC ecosystem of their proposed future.  There is nothing new about this state of affairs, it is no more surprising behaviour than that of the medieval Church that prosecuted Copernicus of telling them that the Earth went around the Sun, rather than the Churches  heliocentrist beliefs that the Sun went around the Earth. 
    Reality will trump foolishness, but foolish men will forever go on being foolish.  At the moment being foolish in crypto makes good money, and investing in common sense makes a lot less. So what, the world was ever so.
  19. Like
    mrhat75 got a reaction from Scout in Elites Will Scam The Masses After XRP Hits The Stratosphere   
    http://galgitron.net/Post/The-Bionic-XRP
  20. Like
    mrhat75 got a reaction from WrathofKahneman in Elites Will Scam The Masses After XRP Hits The Stratosphere   
    http://galgitron.net/Post/The-Bionic-XRP
  21. Like
    mrhat75 reacted to Scout in Elites Will Scam The Masses After XRP Hits The Stratosphere   
    This is the problem. We are seeing this now. Public Exchanges that offer XRP are shutting down public access to this token. Public exchanges that don’t follow regulation get banned from Canada, Europe & the US. What good is holding XRP if you can’t benefit by trading it or cashing out because of regulation. All XRP holders will be screwed.
  22. Like
    mrhat75 reacted to Begofend in Elites Will Scam The Masses After XRP Hits The Stratosphere   
    I have listened to these videos, I haven't heard anything new or groundbreaking, to be honest, its just click bait and I think he's pretty full of shit, he says a lot without saying anything at all. Hes not a Corda developer, he develops apps on corda, there's a big difference, anyone can do this. Its very easy to get caught up in hype, if you are looking at who is winning the race for the most developers on its network its ETH hands down, im not an ETH fanboy at all, i hate it, do your own research folks, don't listen to these youtubers out to make money from adds/views.
  23. Like
    mrhat75 reacted to HAL1000 in Elites Will Scam The Masses After XRP Hits The Stratosphere   
    Please RENT us everything 1% and keep us under control via digital debt based instruments, this future is coming fast. Like the vid say's, you will own nothing, but I won't be happy with that, but the masses, well they are easily pleased, are you not entertained, bread and circuses, just like old times.
    Is there anything new on Netflix or Amazon dear, yes there's that new reality show, OK make a brew, order pizza and switch off my brain for another hour, no problem the drone will be here soon the APP say's so, good I used to hate having to tip people with Covid at the door.
    As a coder, I can see Quincy in a way some might not be able to, I remember being that close to the code and the problems when I was younger, so trust me, he is on the level and is talking from first-hand experience. He really is working on this stuff every day, so - WE ARE GOING TO THE MOON, WHEN, REAL SOON (Buckaroo Bonzai)....
     
  24. Like
    mrhat75 reacted to Plikk in Epic Pennant on BTC Chart   
    I am not scared, eventhough everyone that has sold is trying as hard as they can to shake everyone else out as well. I am buying as much as I can at these prices. I personally expect a few months of boring upside consolidation and then a final rally at year’s end. Then I will take most of my profits, certainly not now. 
     
    Crypto had seen mid cycle sell-offs in every cycle. In 2017 we had a mild one(also due to China FUD) and in 2013 it was a prolonged and that tough one. It always ended up in a final blow-off top at year’s end. Therefore I am as accumulating as much as possible, I belief it will pay off handsomely. Made this post for the people that are buying and still care about crypto, not interested to get into any more discussions or debates  
    Good luck all!

  25. Like
    mrhat75 got a reaction from Moonraker in Charting the course of XRP   
    I don't think we'll see $2 again for at least 3 more years at this point. Runs over, SEC screwed us out of probably a $5-10 XRP. Oh well
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