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Charting the course of XRP


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My View:  I have watched XRP daily since Dec 2017.  I am always looking at my gift horse in the mouth and asking myself why this investment should not work, am I being foolish in believing in XRP, and until recently never found flaws. I always had lots of confidence.

The security issue has seemed mostly settled to me because regulatory authorities in big financial centres (Eg UK and Japan) across the world have already declared XRP is NOT a security.  The US cannot rule for the rest of the world, they can however be left out of the revolution that is about to hit us, and China wants to lead.  Basically the US will be forced to get into line or miss out.  It is also one good bit of news for the UK because our country is in a mess at the moment.  IT is good news for my country that our regulatory authorities are making London a haven for DLT technology.

Recently, for the first time in three year I got worried by Ripple's behaviour.  Ripples silence over the fall in ODL on Utility-scan.com really bothered me.  That they said nothing seemed to me an indication that they must be hiding a major failure, and it was a red flag to my hitherto unshakable confidence in the honesty of the team managing the XRP ecosystem.

This news, that the outgoing management at SEC have filed a lawsuit has come out of the blue four days before Christmas.  This is nonsense, it is crass behaviour that is a full frontal attack by a lame duck administration on a technology that is being rolled out across the globe.  It also explains Ripple's silence about ODL figures.  They have to gather themselves and create a strategy for opposing what is clearly a vindictive swipe at their business model.  In many ways the red flag that had been worrying me has now been answered.

I expected XRP to drop more than it has so far.  Maybe the big drop will happen when the American markets open.

Crypto Eri has made a very good balanced video 

 

Edited by Julian_Williams
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1 minute ago, billion said:

lol I hope so but same was said post flare snapshot and then it dipped the following days. I'd wait another 3 days at least to see the full effect

OF course, it is early to be sure of anything!

I just thought it would reach the lower line (0,43 support) but it seems to be reacting now instead.

image.thumb.png.0d5c04d2812319da84cbdc378d280a9a.png

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8 minutes ago, Julian_Williams said:

My View:  I have watched XRP daily since Dec 2017.  I am always looking at my gift horse in the mouth and asking myself why this investment should not work, am I being foolish in believing in XRP, and until recently never found flaws, I always had lots of confidence.

The security issue has seemed mostly settled to me because regulatory authorities in big financial centres (Eg UK and Japan) across the world have already declared XRP is NOT a security.  The US cannot rule for the rest of the world, they can however be left out of the revolution that is about to hit us, and China wants to lead.  Basically the US will be forced to get into line or miss out.  It is also one good bit of news for the UK because our country is in a mess at the moment.  IT is good news for my country that our regulatory authorities are making London a haven for DLT technology.

Recently, for the first time in three year I got worried by Ripple's behaviour.  Ripples silence over the fall in ODL on Utility-scan.com really bothered me.  That they said nothing seemed to me an indication that they must be hiding a major failure, and it was a red flag to my hitherto unshakable confidence in the honesty of the team managing the XRP ecosystem.

This news, that the outgoing management at SEC have filed a lawsuit has come out of the blue four days before Christmas.  This is nonsense, it is crass behaviour that is a full frontal attack by a lame duck administration on a technology that is being rolled out across the globe.  It also explains Ripple's silence about ODL figures.  They have to gather themselves and create a strategy for opposing what is clearly a vindictive swipe at their business model.  In many ways the red flag that had been worrying me has now been answered.

I expected XRP to drop more than it has so far.  Maybe the big drop will happen when the American markets open.

Crypto Eri has made a very good balanced video 

 

apparently SEC has not yet filed the lawsuit. So we are not yet so far.

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8 minutes ago, Julian_Williams said:

My View:  I have watched XRP daily since Dec 2017.  I am always looking at my gift horse in the mouth and asking myself why this investment should not work, am I being foolish in believing in XRP, and until recently never found flaws. I always had lots of confidence.

The security issue has seemed mostly settled to me because regulatory authorities in big financial centres (Eg UK and Japan) across the world have already declared XRP is NOT a security.  The US cannot rule for the rest of the world, they can however be left out of the revolution that is about to hit us, and China wants to lead.  Basically the US will be forced to get into line or miss out.  It is also one good bit of news for the UK because our country is in a mess at the moment.  IT is good news for my country that our regulatory authorities are making London a haven for DLT technology.

Recently, for the first time in three year I got worried by Ripple's behaviour.  Ripples silence over the fall in ODL on Utility-scan.com really bothered me.  That they said nothing seemed to me an indication that they must be hiding a major failure, and it was a red flag to my hitherto unshakable confidence in the honesty of the team managing the XRP ecosystem.

This news, that the outgoing management at SEC have filed a lawsuit has come out of the blue four days before Christmas.  This is nonsense, it is crass behaviour that is a full frontal attack by a lame duck administration on a technology that is being rolled out across the globe.  It also explains Ripple's silence about ODL figures.  They have to gather themselves and create a strategy for opposing what is clearly a vindictive swipe at their business model.  In many ways the red flag that had been worrying me has now been answered.

I expected XRP to drop more than it has so far.  Maybe the big drop will happen when the American markets open.

Crypto Eri has made a very good balanced video 

 

So, rest has to wait for US 🤣🤣🤣 Or US is that slow to realise news that happened hours before? Does not seem the 24h market behaviour, but hey, whatever for shaking.

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1 hour ago, Baka said:

I just rebought at 0.465 what I sold at 0.57 

Mate can I ask what was it at 57 that said to you ‘sell now’?

Thats a great move and all kudos to you for pulling that off,  but speaking as one who just went backwards by 13% in a similar move that went wrong....    how did you know to do that?

If you’d rather keep it to yourself then that’s fine...  I understand and have no problem with that.  Thanks.

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5 minutes ago, BillyOckham said:

Mate can I ask what was it at 57 that said to you ‘sell now’?

Thats a great move and all kudos to you for pulling that off,  but speaking as one who just went backwards by 13% in a similar move that went wrong....    how did you know to do that?

If you’d rather keep it to yourself then that’s fine...  I understand and have no problem with that.  Thanks.

Baka lives the markets and he gets it right quite often.   To play the markets you have to be very tuned in and use that sensitivity well, but it is a full time job and includes getting up in the night and watching.  Not for me, but if it was I would follow Baka.

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