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Charting the course of XRP


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6 hours ago, RandyMarsh said:

This is exactly why I recently converted 50% of my XRP into ALTs that seem to be moving much more freely right now. Could turn out to be a bad move... but as you said, the pain of watching another opportunity slip by would be excruciating. 

Soon you will see how wise and right this move was (ofcourse depends on alts of your choise)

 

Even FTT moved x2 🤣🤣🤣

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Signature Bank isn’t allowing less than $100000 Fiat transfers over SWIFT anymore. Starting early February I think. A large number of exchanges and crypto entities are customers of Signature Bank. Domestic transfers should be okay and crypto transfers should be okay.

Note: The red boxes in the screenshot are unrelated to this specific issue. 
 

image.thumb.jpeg.4566cc6a64c69b20698971d1a9af9ca0.jpeg

 

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Edited by Ripley
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Bloody Binance.   They introduced the Trailing Stop Loss order.  Brilliant.  Finally I can do my Dollar Cost Averaging buys at maximum effectiveness.

 

Not so fast buster….      their order doesn’t allow you to spend all the funds while the price is down (which is what I want and what I thought that order type would do).

Instead it asks you to set the limit price buy and then calcs how many XRP your funds will buy and then only buys that many.  So even if you follow the price down and buy low,   you don’t get more XRP….  you just have left over funds.

Argh….    Fine for saving money,  terrible for buying as many as you can while they are lower priced.  Argh.   Bugger bugger bugger.    Sooo close to being a good thing…

I’m telling you guys in case I’m missing something….   please tell me I’m wrong.    :) 

 

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6 hours ago, Gringo said:

If you look at this other twit, the conclusion is that they are actually a VC fund (most of that 1B XRP wasn't used on "Coil", I guess).

100m$ for protocol? Are you foking kidding me?

I wish to compare e.g. against W3C.

And again, how all thay benefit(s/ed) XRPL?

 

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5 hours ago, xrp-nuke said:
100m$ for protocol? Are you foking kidding me?

I wish to compare e.g. against W3C.

And again, how all thay benefit(s/ed) XRPL?

 

Not the protocol. The Interledger Foundation. That's my understanding, at least. The foundation itself does additional grants and funds additional activity. 

In 2022, they granted $12M (https://interledger.org/our-work/). List of grantees - https://www.grantfortheweb.org/grantees

Their jobs page seems to indicate they pay pretty low per U.S. standards (https://interledger-foundation.breezy.hr). These are fresh out of college salaries (U.S.) or for about 5-7 years experience (Non-U.S.). So doesn't look like the money is spent on highly paid employees.

 

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