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KarlHungus

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About KarlHungus

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  1. I don’t know the specifics of that deal, but execs aren’t required to give up compensation they’ve already earned. I worked in financial planning for corporate execs for years and one of the biggest headaches was dealing with the multiple stock compensation plans from their previous employment.
  2. Executives don’t forfeit shares when they leave.
  3. Isn’t Zagone on the Faster Payments Taskforce?
  4. Van Dyke also gone it seems. We have a lot of high level defections in the last year.
  5. Stellar’s burn did FA for the price. If Ripple is burning their supply it likely means there’s a problem with demand/need for the coin and we won’t be seeing many of the use cases being forecast. I’d be more worried about what that’ll do to value.
  6. I’m guessing it’s the Binance XRP/USDT futures since the volume on fiatleak is coming almost all from USD.
  7. I would either set and forget for a while or get out. I’m going with the former and not trying to read the tea leaves on a timeline anymore. Something has not gone our way, from Garlinghouse’s public statements about adoption for 2018 and 2019 to @JoelKatz ‘s apparent frustration with how long it’s taken and low price, things are not moving smoothly. We’ve had high profile departures recently and the still-looming court case. There are other negative data points as well. When looked at individually, I’m sure there are reasonable explanations. However, when taken in total what it all says to me is to not have any short-term expectations - for price or developments. Just keep up on the news but don’t waste time trying to figure out what will hit this year. We don’t have the whole picture and any breakthrough will arrive unexpectedly.
  8. As if it wasn’t bad enough that xrp had mediocre gains compared to the rest of the top ten and was held around $0.30, when bitcoin dumps this we’ll head even lower.
  9. Thank you everyone for the responses so far.
  10. I’ve been posting here for about two years, give or take. I’ve never been one for spreading fud or concern trolling but I’ve had my doubts and asked questions from time to time. I bring this up preemptively because I just have new concerns about Libra and I’m genuinely just looking for an answer (answers?) without wasting time fending off attacks for my motives. Most of the community here has always been informative and gracious in their responses in the past but I know how doubt can also been seen as intentional subversion. Very recently a number of high profile companies have dropped out of the Libra project. Good. I assumed it would put to rest the latest ‘xrp killer’ idea as the project seems to be DOA. However, there have been other recent developments that still make me question the overall picture. - The head of Calibra was onstage with the IMF and Mark Carney recently. I know BoE is assumed to be tied to Ripple, but Carney apparently spoke very highly of Libra. - US Congressmen have attacked the Libra project but recently a sitting Senator offered encouragement for the project. - The founder of Foxconn expressed support for Libra and floated the idea of connecting Libra to the new Chinese coin in Taiwan to link up a new global system. - Brad Garlinghouse has been attacking or at least deriding Libra recently in his public appearances. This could just be confidence on his part, but people often attack the things they’re afraid of. That’s not to say everything is going Libra’s way, obviously not. France’s financial minister has said that Libra is not welcome in Europe and we have the aforementioned (huge) defections from the project. The general public has a revulsion to allowing Facebook to have access to even more of their lives. However, Libra still pushes forward. I’m just looking for guidance from the community on the whole picture here. Is it posturing? Part of the show? Is this still a potential threat? Maybe something else entirely is going on? I’m obviously missing something and I’m hoping some of you can help me see it.
  11. Sounds right...it took two viewings for me to feel comfortable with it.
  12. Overall it seems good for xrp. Any demand for the xrp-backed stable coins creates demand for xrp since they’re the collateral. It creates a way to digitize other assets and use the speed and efficiency of the ledger, consequently moving more value to xrp....I think I have that right.
  13. I can’t see speculator action being very positive though. Speculation didn’t drive the price up much when MG was announced. Now that it’s live and there’s no spike from utility, speculators won’t expect gains from utility, and won’t buy in. Even if Moneygram loves xrp and competitors start jumping on too, no probe action from utility will equal no price action from speculators. If anything, the opposite will happen - people will see utility not driving price and jump ship.
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