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Sarnos

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  1. Sarnos

    Swell is Here

    Maybe Garlinghouse will let the cat out of the bag it must have suffocated by now
  2. It has been said multiple times that it is in interest of Ripple to have a higher XRP price - this would lead to mroe liquidity and less possibility to manipulate and most important enabling their products to function as intended apart form that Ripple is the benefitor of a price increase they hold 60% of all xrp
  3. The only thing I really wanna buy with my money is not having to work for someone else it is really nerve taking
  4. Sarnos

    RUNS ON RIPPLE ®

    Still does not use xrapid how sad...
  5. Sarnos

    The Future of money

    That mister sherman has quite a strong belief in the USD as a global currency and seems to look at BTC and etc. as tools for criminals to deal with their monetary affairs and does not see any use cases in DLT as such. He also claims visa as a universal tool to pay all over the world. There are multiple issues with these cliams a lot of it is based on bias and on lack of information. So here the most obvious example. We all know the advantages that xrp offers for settlement etc. just to illustrate - visa due to it network which is a global standard gets paid by retailers depending on the purchase of the customers that use visa. E.g i use visa to pay a 100 trousers at a retailer - visa demands 5% off that money i pay from the retailer this is because i am a foreigner of country x and do not have a bank account with local fiat y. Visa transfers the money to the retailer in country x and books it of my bank account with currency y. It is not more than another form of correspondent bank system with internal liquidity pools that depend only on visa. Now comes XRP into play it can act as a tool of settlement with public liquidity pools which does not depend on one entitiy to supply the liquidity it makes the space of providing liquidity more competitive and most important it is a tool of settlement a tool which has immutable rules due to it being a DLT unlike as correspondent bank relationships or single authorities as visa always have a certain amount of risk that go with them just alone the technology they use to faciliate these payments (look at swift a company doing the messaging for most banks in the world with a ~ 6% fail rate). The next issue is XRP same as any system as David Schwartz would say is a walled garden so how do we allow communication between different ledgers if i am not willing to accept XRP, $ or !"&%§ as payment that is when the ILP comes in place it providers connectors between different ledgers making them interoperable. So i can pay you in whatever currency you want as long as there are connectors between our ledgers this requires market makers between DLTs or single entities like VISA to allow connectors running on their systems. The thing though is from a sole economical perspective i want to pick the rail that makes my payment most cheap - compare visa to XRP (I would prefer XRP). What is happening right infront of our eyes or more or less the liberalization of money transfer with all it`s benefits and disadvantages for different actors. Governments have less possibilities such as VISA to sanction countries - the consumer can decide what currency to receive or not - the retailer can be certain the money has settled in 3 seconds and can spend it straight away to make another investment - people without time or knowledge of this technology may be left behind etc. The implications of this field are so massive a lot of people do not know what the future could look like.
  6. as far as i know it all falls into speculation and that is always taxed at 25% (the amount of taxes do not change as long as you do not make profit)
  7. In Germany the taxes are calculated to your income anything less than 8820 euros are free from taxes. Everything above is calculated with a flat 25% (due to speculation) so if you make 20k euros it is (20000-8820)x0.25 = taxes. Maybe you want to move down here if you want to become a trader.
  8. Anyone got a link to the volume etc. being traded on SBI VC?
  9. It really depends it seems like you are in for the money and crypto gives you a lot of chances to make **** loads but also to get burned when gambling on coins with no proper concept that increase x times but also drop as fast. On the other hand you have top cryptos with good concepts some like xrp that persuade potential markets we could never dream of with relative good chances of working out so lets say for the crypto space less risky investments but also good returns compared to any stocks i know of. What i though think is questionable is your attitude talking down an asset just on the base that it is a slow coin and you aint rich yet well that is your issue and you have a lot of chances making quick money but trying to incentivise others with such a bad post doing something in your favour selling xrp with that click baite title ... i am sure you can do better.
  10. If it comes to investing i would not consider a certain age group more or less adequip as investors. You should really overthink your attitude towards younger people.
  11. If ILP get broad adoption you can bet on it anyways no matter what the price of xrp as long as >0.00$
  12. Sarnos

    remittance flows worldwide

    this is just a fraction of the remittance market
  13. Sarnos

    Coinbase considering everything but XRP

    wait till they add cobalt i think then they just fork the XRP ledger and call it XLM V2
  14. Those are the order books. The price to time X is the highest bid order or last trade made. You asking something mor specific?
  15. I would bet on SBI - VC is the thing they need liquidity for to make xrapid work
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