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Charting the course of XRP


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1 hour ago, RipMcGillicuddy said:

I'm losing my mind little by little over this shit. 

"We want to offer all assets that meet our listing standards and we hope to be the place where you can come and trade anything that you want to trade" https://www.cnbc.com/2021/05/13/coinbase-cfo-on-crypto-investors-dogecoin-and-growing-competition.html

Dogecoin meets their standards but XRP doesn't

Much wow

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Which page was the paper where all the hearing dates were written with a brief description of what was the deadline for that day etc? Some user had shared that information and I can't seem to find it atm skimming over several pages. I know there's one later today (Friday) but don't even remember what it was about. I think it might have been about the motion to dismiss but not sure. Might be about the motion to intervene. If anybody can share that page again I'd be very grateful. C'mon SEC give us that no action letter already so Coinbase & Bitstamp relist and we can have a nice, fat pump. The SEC are being lazy and don't give a rat's ass about the investors they supposedly try to protect.

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Posted (edited)
4 minutes ago, Neurotoxin said:

Which page was the paper where all the hearing dates were written with a brief description of what was the deadline for that day etc? Some user had shared that information and I can't seem to find it atm skimming over several pages. I know there's one later today (Friday) but don't even remember what it was about. I think it might have been about the motion to dismiss but not sure. Might be about the motion to intervene. If anybody can share that page again I'd be very grateful. C'mon SEC give us that no action letter already so Coinbase & Bitstamp relist and we can have a nice, fat pump. The SEC are being lazy and don't give a rat's ass about the investors they supposedly try to protect.

@Neurotoxin look at his pinned tweet:

https://twitter.com/FilanLaw

 

Edited by Triceratops
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Posted (edited)
11 minutes ago, Triceratops said:

Have you seen this tweet, it is getting more and more ridiculous, first they remove 10B in Cap and then post such a chart wtf

Looks as if the marketing department are talking to the manipulation department.  (OK they are they same department!)

XRP scares everyone and with good reason.  SEC has changed the crypto landscape in substantial ways, at first it worked against XRP but the way it is going it will be FUD buster that launches XRP in ideal conditions.   XRP, with so much happening in the Far east, Polysign and FLR enhancements are so much better positioned  than they were in December. 

Edited by Julian_Williams
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1 hour ago, Neurotoxin said:

Which page was the paper where all the hearing dates were written with a brief description of what was the deadline for that day etc? Some user had shared that information and I can't seem to find it atm skimming over several pages. I know there's one later today (Friday) but don't even remember what it was about. I think it might have been about the motion to dismiss but not sure. Might be about the motion to intervene. If anybody can share that page again I'd be very grateful. C'mon SEC give us that no action letter already so Coinbase & Bitstamp relist and we can have a nice, fat pump. The SEC are being lazy and don't give a rat's ass about the investors they supposedly try to protect.

It’s next Friday (the 21st) not today.

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29 minutes ago, Ripley said:

It’s next Friday (the 21st) not today.

It is in fact today :) see the attached picture. Next friday, though (the 21st), is the conference to discuss the motion to compel the turnover of documents regarding legal advice Ripple received about whether sales or offers of XRP were securities. 
 

We have a few very juicy weeks ahead of us!

C4AE1602-B47D-4F97-A558-1CA065D37D66.jpeg

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2 minutes ago, retep said:

I'm not denying that it's a problem, but I would say that you should temper that data with the % of GDP the debt it. GDP is a lagging indicator. Keep in mind that both parties in the U.S. for couple of decades (since the wars in the Middle East) have been significantly adding to the debt. Based on their fiscal ideologies, the additional money has been used for various reasons. 

Unfortunately the only way to fix this is to spend more into infrastructure -

  • Physical infrastructure - bridges, roads, power plants, electric grids, etc.
  • Soft infrastructure - cyber security, training the working population with tools that suit the modern world and modern needs, etc.
  • Continue to fund Biotechnology, Space Exploration, A.I/M.L etc. The U.S. needs to maintain its IP superiority. 

There are a few logically easy but politically difficult avenues to balance spending with additional revenues and reduced expenses. 

  • Keep income taxes low. Higher income taxes only serve to keep rich people rich and (relatively) poor people poor by making upward mobility very hard. 
  • Some form of Estate tax. When we get an airdrop or as an employee get RSUs vested, we are forced to pay taxes on it as if it was ordinary income. Why shouldn't that happen for inheritance ? How is the "free" money that is inheritance different from the "free" money that is airdrops or RSUs ?
  • Significantly reallocate defense expenses to fit the modern needs. We seem to be continuing to throw more money at modern Defense tools but we don't seem to stop spending on super old stuff that's not needed anymore. Look at what happened in the most recent Azerbaijan vs. Armenian war. China and Israel, now increasingly Turkey, are running rounds around the old-war style tactics of strength in numbers and might with much much cheaper kamikaze drones. 
  • Remove stupid loopholes that allow companies to "show" profits outside the U.S. If as a U.S. citizen you are forced to pay taxes in the U.S. wherever you are in the world, why aren't companies forced to do the same ?

Anyway.. One can only wish.

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39 minutes ago, Ripley said:

I'm not denying that it's a problem, but I would say that you should temper that data with the % of GDP the debt it. GDP is a lagging indicator. Keep in mind that both parties in the U.S. for couple of decades (since the wars in the Middle East) have been significantly adding to the debt. Based on their fiscal ideologies, the additional money has been used for various reasons. 

Unfortunately the only way to fix this is to spend more into infrastructure -

  • Physical infrastructure - bridges, roads, power plants, electric grids, etc.
  • Soft infrastructure - cyber security, training the working population with tools that suit the modern world and modern needs, etc.
  • Continue to fund Biotechnology, Space Exploration, A.I/M.L etc. The U.S. needs to maintain its IP superiority. 

There are a few logically easy but politically difficult avenues to balance spending with additional revenues and reduced expenses. 

  • Keep income taxes low. Higher income taxes only serve to keep rich people rich and (relatively) poor people poor by making upward mobility very hard. 
  • Some form of Estate tax. When we get an airdrop or as an employee get RSUs vested, we are forced to pay taxes on it as if it was ordinary income. Why shouldn't that happen for inheritance ? How is the "free" money that is inheritance different from the "free" money that is airdrops or RSUs ?
  • Significantly reallocate defense expenses to fit the modern needs. We seem to be continuing to throw more money at modern Defense tools but we don't seem to stop spending on super old stuff that's not needed anymore. Look at what happened in the most recent Azerbaijan vs. Armenian war. China and Israel, now increasingly Turkey, are running rounds around the old-war style tactics of strength in numbers and might with much much cheaper kamikaze drones. 
  • Remove stupid loopholes that allow companies to "show" profits outside the U.S. If as a U.S. citizen you are forced to pay taxes in the U.S. wherever you are in the world, why aren't companies forced to do the same ?

Anyway.. One can only wish.

The country is a mess alright. Roads have more craters than the moon, alot of bridges didn't see maintenance since roosevelt was in the white house, bridges on abandoned roads are being stolen and sold as scrap metal,water, electricity and sewage should be fixed 25 years ago,  the healthcare sucks and alot americansgo to cuba to get threatment and medicine because it cost 10 times less there. Then alot of americans need one or two jobs on the side because their main job doesn't pay enough to pay all the  bills, and that's why you see more and more americans living in a car or in a trailerpark. And americans are lucky when they get 2 weeks vacation a year, and alot of them need to work overtime every day and even have to work on a saturday, the sidewalks in big cities are full of homeless people and drug users, and so on and on. Now when you have a good running business  or a job that needs a good education, then life is great, but not as an uneducated person because then you get the shit jobs that don't pay well, so i would only want to live there when i have enough money and not have to work for a boss because i know what kind of slave drivers they can be. So it's not the most ideal place to live as an average uneducated joe. Now Switserland is THE most perfect country on the planet because the whole country looks like a ideal scale trainset, the wages are high, almost no unemployment, and when you want a dog then you must have two, because the dog needs a companion, and you must take classes with the dogs and learn them not to bark because else the police can give you a ticket, and after 22 hours you may no longer make a noise at all, and alot of more things like this, so they sure are the most decent, educated and polite people on the planet. And they don't mix themselves with other countries politics, and stay out of every conflict and mind their own business and declared themselves as a neutral country. And you just can't move overthere, because to become a citizen you need to proove that you have work and can hold up your own pants or else beat it because they sure not going to give their money away to every dead beat that walks into the country.

 

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