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The XRP Investor Thread

 
bodhidharma

User ID: 30160284
Canada
11/20/2021 12:28 AM
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Re: The XRP Investor Thread
I was doing a thought experiment today - what would I say and what advice would I give if at some point during the upcoming Holidays a close friend or relative should ask about getting into Cryptos?

Of my friend group, none are involved, despite being very technically competent people. Most relatives are not involved either.

The easiest thing for a beginner is to simply buy and hold, so I wouldn't want to recommend anything aside from high quality (preferably undervalued at the moment) cryptos.

The answer, I think, is to get them set up with a simple App like the ones from Coinbase and Uphold, despite the higher fees that are charged.

I'm thinking an immediate buy into XRP as it's undervalued at the moment due to the SEC litigation and then set them up to DCA some fixed amount at regular intervals into BTC, ETH and maybe some small amount into something like Link, HBAR, FTT, or XDC.

As simple as it seems to us once you know how, there are a lot of newcomers out there who will need our help to get started.

Anyone else thinking about this or have any wisdom?
 Quoting: nemo_solus


one thing that helps turn their head is price differences between this year and 2017, how one can become a millionaire in under 5 years investing around 10k wisely

also explain to them how tech evolves, like wiring money turned into paypal, now interac e-transfers, xrp is almost instantaneous transaction
"We are living in times where all deceptions will be revealed"
AxX

User ID: 77751888
United States
11/20/2021 01:16 AM

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Re: The XRP Investor Thread
Xumm TL AD Update, from the past 7 days:
160,000 XLE
440,000 XQX

Bitrue Staking:
26,925 XRDoge
28 KEKW (staking day 2 of 7 underway)
?? UBT (staking begins in 5 hrs)

Definitely no shortage of free coins available.

There are even 2 XRP faucets, a BTC faucet, and a TRX faucet I have in a separate tab group I swap over and tap occasionally.

Fun hobby :)
Energy flows where focus goes.
pool
~the world needs change~

User ID: 80073096
United States
11/20/2021 05:46 AM

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Re: The XRP Investor Thread
My Coinbase Account is Restricted from buying and selling. I did figure out I can swap everything for USD. Someone on this thread work there?? How is this even fucking possible?? I'll see what customer support says.


Account Restricted
You are currently unable to send crypto on Coinbase. Please visit [link to support.coinbase.com (secure)] for assistance.


Account Restricted
You are currently unable to buy and sell crypto on Coinbase. Please visit [link to support.coinbase.com (secure)] for assistance.


After getting rekt on GYEN on Coinbase:

buy GYEN?
GYEN isn’t supported on Coinbase. You can go to Coinbase Wallet to buy it on a decentralized exchange. Assets on Coinbase Wallet are not held by Coinbase. Learn more


Last Edited by pool on 11/20/2021 06:02 AM
They've lost their religion, they've lost their parents; their identity lay with the estate.
Abe Froman

User ID: 80395985
United States
11/20/2021 09:35 AM
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Re: The XRP Investor Thread
My Coinbase Account is Restricted from buying and selling. I did figure out I can swap everything for USD. Someone on this thread work there?? How is this even fucking possible?? I'll see what customer support says.


Account Restricted
You are currently unable to send crypto on Coinbase. Please visit [link to support.coinbase.com (secure)] for assistance.


Account Restricted
You are currently unable to buy and sell crypto on Coinbase. Please visit [link to support.coinbase.com (secure)] for assistance.


After getting rekt on GYEN on Coinbase:

buy GYEN?
GYEN isn’t supported on Coinbase. You can go to Coinbase Wallet to buy it on a decentralized exchange. Assets on Coinbase Wallet are not held by Coinbase. Learn more

 Quoting: pool


What the fuck happened here?

How does it show a wallet address in coinbase? It does in mine. But yet, you cant buy it directly from coinbase?? I thought they did support it? I'm so confused about this.

How did you buy it in the first place?
Crap
Abe Froman

User ID: 80395985
United States
11/20/2021 09:46 AM
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Re: The XRP Investor Thread
Here is my prediction for the Solo drop. I think its going to dump hard immediately. Since alot of the Solo is paired with XRP. People like me are going to trade for XRP. As Solos peice drops, XRPs price will go up.


When the Solo price bottoms out, that's when I buy back into Solo. Not all but some. But people will be definitely buying back, making the airdrop worth a significant amount of money.
Crap
pool
~the world needs change~

User ID: 80073096
United States
11/20/2021 09:50 AM

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Re: The XRP Investor Thread
What the fuck happened here?

How does it show a wallet address in coinbase? It does in mine. But yet, you cant buy it directly from coinbase?? I thought they did support it? I'm so confused about this.

How did you buy it in the first place?
 Quoting: Abe Froman


Everything was fine and groovy then somehow I was tagged and not able to do anything except cash out. I contacted support and the reply is about the GYEN, not my overall status of suspended.
They've lost their religion, they've lost their parents; their identity lay with the estate.
Abe Froman

User ID: 80395985
United States
11/20/2021 09:58 AM
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Re: The XRP Investor Thread
What the fuck happened here?

How does it show a wallet address in coinbase? It does in mine. But yet, you cant buy it directly from coinbase?? I thought they did support it? I'm so confused about this.

How did you buy it in the first place?
 Quoting: Abe Froman


Everything was fine and groovy then somehow I was tagged and not able to do anything except cash out. I contacted support and the reply is about the GYEN, not my overall status of suspended.
 Quoting: pool


I went on Twitter and it seems that alot of people that bought GYEN has been tagged.
Crap
pool
~the world needs change~

User ID: 80073096
United States
11/20/2021 10:42 AM

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Re: The XRP Investor Thread
I went on Twitter and it seems that alot of people that bought GYEN has been tagged.
 Quoting: Abe Froman


Thanks! I don't know why they are only pegging November 19th, the GYEN carsh happened before then..This is there 2nd reply after resubmitting my request.

Hello Pool,

Thank you for contacting Coinbase Support. On 19 November 2021, due to technical reasons, trading on GYEN and POWR was adversely affected.

As a result, all buys, sells, trades, sends, and receives of GYEN and POWR have been temporarily disabled on Coinbase.com and Coinbase Pro while we work to correct this.

In addition, we have temporarily restricted some customer accounts while we work to correct this.

We know this is a significant inconvenience and we’re working as quickly as possible to correct this to ensure that customers impacted can access funds as soon as possible.

We apologize for this - we’ll follow up with you here once an update is available on your account status.

Kind Regards,
Coinbase Support
They've lost their religion, they've lost their parents; their identity lay with the estate.
AxX

User ID: 77751888
United States
11/20/2021 11:08 AM

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Re: The XRP Investor Thread
If anything, this’ll cause more people to turn to decentralized exchanges.

Imagine your bank saying, “Uhh, something happened and we’re trying to fix it, in the meantime, while we all still get paid, you have to sit there and not use your debit card, the atm, or even cash a check. So sorry.”

Who would stay with a bank like that?
Energy flows where focus goes.
Abe Froman

User ID: 73605038
United States
11/20/2021 11:24 AM
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Re: The XRP Investor Thread
If anything, this’ll cause more people to turn to decentralized exchanges.

Imagine your bank saying, “Uhh, something happened and we’re trying to fix it, in the meantime, while we all still get paid, you have to sit there and not use your debit card, the atm, or even cash a check. So sorry.”

Who would stay with a bank like that?
 Quoting: AxX


I was thinking exactly this yesterday. The xumm wallet and what Solo is planning on doing is like having your own private bank that you control.


And yo, I know you'll appreciate this. Go add this trustline. [link to xumm.community (secure)]

I recieved some yesterday by winning a contest. It was worth 15 something bucks when they gave it to me. This morning, its worth 64.


Yeah, it's called that. Lol

The airdrop is coming very soon. Get it now.

Last Edited by Abe Froman on 11/20/2021 11:24 AM
Crap
nemo_solus

User ID: 78499066
Seychelles
11/20/2021 01:23 PM
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Re: The XRP Investor Thread
I was doing a thought experiment today - what would I say and what advice would I give if at some point during the upcoming Holidays a close friend or relative should ask about getting into Cryptos?

Of my friend group, none are involved, despite being very technically competent people. Most relatives are not involved either.

The easiest thing for a beginner is to simply buy and hold, so I wouldn't want to recommend anything aside from high quality (preferably undervalued at the moment) cryptos.

The answer, I think, is to get them set up with a simple App like the ones from Coinbase and Uphold, despite the higher fees that are charged.

I'm thinking an immediate buy into XRP as it's undervalued at the moment due to the SEC litigation and then set them up to DCA some fixed amount at regular intervals into BTC, ETH and maybe some small amount into something like Link, HBAR, FTT, or XDC.

As simple as it seems to us once you know how, there are a lot of newcomers out there who will need our help to get started.

Anyone else thinking about this or have any wisdom?
 Quoting: nemo_solus


one thing that helps turn their head is price differences between this year and 2017, how one can become a millionaire in under 5 years investing around 10k wisely

also explain to them how tech evolves, like wiring money turned into paypal, now interac e-transfers, xrp is almost instantaneous transaction
 Quoting: bodhidharma


Thanks! Those are great points to make and demonstrates the need to hold some things long enough.

My usual pitch (because the age of my demographic lived through it) is to make the analogy between the beginnings of the public Internet adoption and where we are today 25 years later. Crypto is about where the public Internet was 25-30 years ago (more or less).

Last Edited by nemo_solus on 11/20/2021 01:24 PM
Vision Thing

User ID: 80887835
United States
11/20/2021 01:37 PM

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Re: The XRP Investor Thread
I was doing a thought experiment today - what would I say and what advice would I give if at some point during the upcoming Holidays a close friend or relative should ask about getting into Cryptos?

Of my friend group, none are involved, despite being very technically competent people. Most relatives are not involved either.

The easiest thing for a beginner is to simply buy and hold, so I wouldn't want to recommend anything aside from high quality (preferably undervalued at the moment) cryptos.

The answer, I think, is to get them set up with a simple App like the ones from Coinbase and Uphold, despite the higher fees that are charged.

I'm thinking an immediate buy into XRP as it's undervalued at the moment due to the SEC litigation and then set them up to DCA some fixed amount at regular intervals into BTC, ETH and maybe some small amount into something like Link, HBAR, FTT, or XDC.

As simple as it seems to us once you know how, there are a lot of newcomers out there who will need our help to get started.

Anyone else thinking about this or have any wisdom?
 Quoting: nemo_solus


I did help one person get onboard with crypto, but I pretty much did everything for him until recently when we transferred his holdings into his own custody and he was able to see how the wallets look and what it means to send crypto, etc.

I have been asked for beginner lessons in another group. I have thought about it and I would first tell them

I'm not going to tell you why to buy crypto, I'm not selling you anything.

I'm not going to tell you what to buy, I'll tell you what I did but you can make your own decisions.

I can tell you how to buy crypto, how to keep it safe, how to keep records and secure them, how to create wallets, what kind of arrangements you should make with your computer or other device to minimize risk, how to send tokens.

I would emphasize buying and holding long term.

I would explain the most rudimentary trading principle of holding one asset until it appreciates, then swapping it for another with more upside.

I think I could get those points across to the people that asked for them.

And I would give credit to how much I learned from Digital Dave/Crazy4Cryptos even though he's not an XRP guy. But I benefited from his youtube channel and his patreon group, for the first year I was in crypto, for some suggestions of what to buy at the beginning, and for some real nuts and bolts how-to information.

and the Bearable Bull's Udemy course, for some concepts, that really helped me make firm decisions and not second-guess myself. Thanks Bull! Always a confidence builder <3 always what I need most.

And of course GLP <3 and various diss chord groups.
Vision Thing

User ID: 80887835
United States
11/20/2021 01:46 PM

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Re: The XRP Investor Thread
All of you are doing great, every day you peel away another layer from the onion to see what the future holds....Most humans are way behind the curve...Peace
 Quoting: General Maxwell Taylor


Alright Sir, we need more than your sayonara.
 Quoting: pool


Listen to pool, she's right you know.
KnightsoftheRoundTabl​e

User ID: 78972016
United States
11/20/2021 02:39 PM

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Re: The XRP Investor Thread
I mostly lurk but I really appreciate most everyone here and their posts. Info on the Trustlines is really appreciated, as are ideas on XRP and other cryptos. Thanks guys!
clappa
KnightsoftheRoundTable
Luminous Epinoia  (OP)

User ID: 80895052
United States
11/20/2021 03:04 PM
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Re: The XRP Investor Thread
I bought all my Solo through Xumm. I opened a xumm wallet and then opened a solo trustline. I then traded xrp for solo.

I will move all my current xrp to xumm for the snapshot to get the extra solo.

I will move it back immediately afterwards.


I can see it now....24th Dec Airdrop, everyone has their XRP in XUMM Wallet and bang its all gone. XUMM gets haqed and we all lose our bags.
 Quoting: spEKTre


Is anyone protecting xumm from this?
 Quoting: pool


No doubt this has crossed my mind. We should all be cautious. But I do know xumm is very secure. They also have a xrp forensics team. I feel that xumm is pretty safe. Your keys are pretty secure and it cant be pin swapped by phone. Since xumm doesn't use your phone number.
 Quoting: Abe Froman


I've also been thinking about this. For everything I've dug up to this point, XUMM is very secure and absolutely cannot be sim swapped. If it was to be hacked, I would think only by an inside job. But anything is possible in the crypto world as we have all seen.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

User ID: 80895052
United States
11/20/2021 03:08 PM
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Re: The XRP Investor Thread
I was doing a thought experiment today - what would I say and what advice would I give if at some point during the upcoming Holidays a close friend or relative should ask about getting into Cryptos?

Of my friend group, none are involved, despite being very technically competent people. Most relatives are not involved either.

The easiest thing for a beginner is to simply buy and hold, so I wouldn't want to recommend anything aside from high quality (preferably undervalued at the moment) cryptos.

The answer, I think, is to get them set up with a simple App like the ones from Coinbase and Uphold, despite the higher fees that are charged.

I'm thinking an immediate buy into XRP as it's undervalued at the moment due to the SEC litigation and then set them up to DCA some fixed amount at regular intervals into BTC, ETH and maybe some small amount into something like Link, HBAR, FTT, or XDC.

As simple as it seems to us once you know how, there are a lot of newcomers out there who will need our help to get started.

Anyone else thinking about this or have any wisdom?
 Quoting: nemo_solus


IMO all you can do to start is to get them to purchase utility coins and hodl. For me I would not recommend BTC and ETH because where those prices need to go to make money are rough. Plus they have impending doom coming down on them with Tether and the SEC free pass.

My list would be: XRP, XLM, XDC, HBAR, QNT, VXV, ALBT, and ALGO.

I've been on the LINK train this whole time but have recently come across some issues they could have down the road. I am not familiar with FTT.

Overall I think you have the right idea going forward.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

User ID: 80895052
United States
11/20/2021 03:09 PM
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Re: The XRP Investor Thread
My Coinbase Account is Restricted from buying and selling. I did figure out I can swap everything for USD. Someone on this thread work there?? How is this even fucking possible?? I'll see what customer support says.


Account Restricted
You are currently unable to send crypto on Coinbase. Please visit [link to support.coinbase.com (secure)] for assistance.


Account Restricted
You are currently unable to buy and sell crypto on Coinbase. Please visit [link to support.coinbase.com (secure)] for assistance.


After getting rekt on GYEN on Coinbase:

buy GYEN?
GYEN isn’t supported on Coinbase. You can go to Coinbase Wallet to buy it on a decentralized exchange. Assets on Coinbase Wallet are not held by Coinbase. Learn more

 Quoting: pool


Seriously?! WTF. CB is on some serious BS recently. I don't even know what to say to this.
Consciousness is a microcosm of oneness.
Luminous Epinoia  (OP)

User ID: 80895052
United States
11/20/2021 03:10 PM
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Re: The XRP Investor Thread
Here is my prediction for the Solo drop. I think its going to dump hard immediately. Since alot of the Solo is paired with XRP. People like me are going to trade for XRP. As Solos peice drops, XRPs price will go up.


When the Solo price bottoms out, that's when I buy back into Solo. Not all but some. But people will be definitely buying back, making the airdrop worth a significant amount of money.
 Quoting: Abe Froman


This is very similar to how I see it going. I remember during the flare snapshot, beforehand the XRP price rose, then it had a fall, only to bounce back a few months later.
Consciousness is a microcosm of oneness.
Beautiful mind

User ID: 75847523
United States
11/20/2021 03:47 PM
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Re: The XRP Investor Thread
I was too hesitant to convert XRP. So I converted ethereum to SOLO. This airdrop is too great to miss.
bodhidharma

User ID: 81146971
Canada
11/20/2021 04:35 PM
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Re: The XRP Investor Thread
I was doing a thought experiment today - what would I say and what advice would I give if at some point during the upcoming Holidays a close friend or relative should ask about getting into Cryptos?

Of my friend group, none are involved, despite being very technically competent people. Most relatives are not involved either.

The easiest thing for a beginner is to simply buy and hold, so I wouldn't want to recommend anything aside from high quality (preferably undervalued at the moment) cryptos.

The answer, I think, is to get them set up with a simple App like the ones from Coinbase and Uphold, despite the higher fees that are charged.

I'm thinking an immediate buy into XRP as it's undervalued at the moment due to the SEC litigation and then set them up to DCA some fixed amount at regular intervals into BTC, ETH and maybe some small amount into something like Link, HBAR, FTT, or XDC.

As simple as it seems to us once you know how, there are a lot of newcomers out there who will need our help to get started.

Anyone else thinking about this or have any wisdom?
 Quoting: nemo_solus


one thing that helps turn their head is price differences between this year and 2017, how one can become a millionaire in under 5 years investing around 10k wisely

also explain to them how tech evolves, like wiring money turned into paypal, now interac e-transfers, xrp is almost instantaneous transaction
 Quoting: bodhidharma


Thanks! Those are great points to make and demonstrates the need to hold some things long enough.

My usual pitch (because the age of my demographic lived through it) is to make the analogy between the beginnings of the public Internet adoption and where we are today 25 years later. Crypto is about where the public Internet was 25-30 years ago (more or less).
 Quoting: nemo_solus


Crypto is the start of merging tech with the physical world to solve problems, make our lives easier, more efficient & better

The internet is a signal for the start of the Age of Aquarius, connecting everyone & everything-- but has been corrupted by big tech giants & censorship, restricting access to all info

All information should be able to be freely accessed by all as Aquarius pours out the "healing waters of knowledge for all mankind" out of the jar

Forget getting rich quick, the Internet of Value is literally world changing & most fail to realize how big this is
"We are living in times where all deceptions will be revealed"
pool
~the world needs change~

User ID: 80073096
United States
11/20/2021 06:08 PM

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Re: The XRP Investor Thread
No access to my debit card either...wtf
They've lost their religion, they've lost their parents; their identity lay with the estate.
AxX

User ID: 77751888
United States
11/20/2021 06:18 PM

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Re: The XRP Investor Thread
If anything, this’ll cause more people to turn to decentralized exchanges.

Imagine your bank saying, “Uhh, something happened and we’re trying to fix it, in the meantime, while we all still get paid, you have to sit there and not use your debit card, the atm, or even cash a check. So sorry.”

Who would stay with a bank like that?
 Quoting: AxX


I was thinking exactly this yesterday. The xumm wallet and what Solo is planning on doing is like having your own private bank that you control.


And yo, I know you'll appreciate this. Go add this trustline. [link to xumm.community (secure)]

I recieved some yesterday by winning a contest. It was worth 15 something bucks when they gave it to me. This morning, its worth 64.


Yeah, it's called that. Lol

The airdrop is coming very soon. Get it now.
 Quoting: Abe Froman

Signed and added.
fuckyeah5
Thanks Abe

cheers
Energy flows where focus goes.
T-Man
Entitled title

User ID: 78270630
Netherlands
11/20/2021 09:24 PM

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Re: The XRP Investor Thread
ok.. annoying question here.

would someone be willing, to once again, explain to me in a simple short way, how the trustlines work. I mean i understand its with the tool kit. but i dont have that yet. and all my xrp is on one online platform. and i dont like the thought of moving them. but i want all the air drops :D specially solo.

if anything i would only like to move them to cold storage i guess. not to some new platform i dont know...
Wuher

User ID: 77210524
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11/20/2021 10:14 PM
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Re: The XRP Investor Thread
The more and more I read about this, the more I can only see moving the majority of all of my XRP over for this.


 Quoting: Luminous Epinoia


Dude, it crosses my mind every day. But I feel that my airdrop will be just right. I dont want to be greedy, and I know the name of the game is to make as much money as possible. But I have a feeling this will be the biggest monetary airdrop in the history of crypto.

I feel my airdrop will be worth 2 million in no time. It's going to be much like a Binance coin in value. Look at the amount of solo available.

The reason why I want the XRP that I have is the fear of my xrp mooning at any second. Lol. I still feel that xrp is the end all be all in crypto.


In the end, I feel I will have enough money to live very comfortably for the rest of my life and my kids lives.


This crypto shit is the future and we are in very very early.
 Quoting: Abe Froman


First of all Abe, thanks for starting this up here. I sift through enough twitter and there's a lot of shitcoin airdrops that go on that I don't give credence to. This is completely different to me.

I'm glad there's a month to sort all of this out as I'm really trying to figure out what the best strat is for this. First of all, do you have a recommendation on where to straight up buy SOLO? I saw this link and some of the exchanges I am unfamiliar with.

[link to www.sologenic.com (secure)]

My real dilemma right now is what to do with the XRP. I'm with you man, XRP is the be all end all for me. Been saving for four years for a reason and if I missed out on it mooning because I greedily went for an airdrop, I may never be heard from again. So what's the best way to go? Receiving 5 SOLO instead of .2 is a massive difference. Do you convert your XRP hours before the snapshot to SOLO, then convert back after it's taken?

You're clearly the best source of knowledge on this so I appreciate your thoughts on this and what you're thinking.

BTW you are right, we are all very very early.
 Quoting: Luminous Epinoia




Well dude, this what I did. All year I have been accumulating XRP. As much as I can. Then I saw the Solo drop. I was very lucky and entered at around 11 cents. I bought 500 thinking a 2500 airdrop is incredible. Then I started reading a little more. I figured a 10000 airdrop is even better. I bought in again at around 1.60?? I just looked at the numbers and the risk. In my case I had made more than expected xrp through other airdrops.

I said, Fuck it. 10000 of anything is good. I kept thinking, even if its worth 50 cents by the time it drops, that's 5000 dollars. That's 5000 dollars I could put back into xrp.


I know damn well its going to be worth more eventually. And its going to be free. This shit will peak right before the snapshot. After the snapshot I'm trading all my current Solo back to XRP. Probably tripling or 5x my xrp bag.

Then I wait for the solo drop. And I'm holding all of it.




I bought all my Solo through Xumm. I opened a xumm wallet and then opened a solo trustline. I then traded xrp for solo.

I will move all my current xrp to xumm for the snapshot to get the extra solo.

I will move it back immediately afterwards.
 Quoting: Abe Froman



Great thread!

My concern with the Solo airdrop is the “assumption” made by them on the actual number of tokens per Solo/XRP you’ll receive. If more then 500 million XRP are setup to receive Solo, the ratio will drop accordingly. It’s only projected to be .2 per XRP by estimating only 500m registered tokens.

I didn’t see anything limiting how many could be registered.

What happens if 10 billion are registered?

How many registered for the Flare airdrop?

I did swap a small bag of xrp for solo and setup my trust lines. I’ll also keep what I get from the drop because I like the solo wallet and dex.
Signature on file.
Abe Froman

User ID: 74449847
United States
11/20/2021 11:01 PM
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Re: The XRP Investor Thread
...


Dude, it crosses my mind every day. But I feel that my airdrop will be just right. I dont want to be greedy, and I know the name of the game is to make as much money as possible. But I have a feeling this will be the biggest monetary airdrop in the history of crypto.

I feel my airdrop will be worth 2 million in no time. It's going to be much like a Binance coin in value. Look at the amount of solo available.

The reason why I want the XRP that I have is the fear of my xrp mooning at any second. Lol. I still feel that xrp is the end all be all in crypto.


In the end, I feel I will have enough money to live very comfortably for the rest of my life and my kids lives.


This crypto shit is the future and we are in very very early.
 Quoting: Abe Froman


First of all Abe, thanks for starting this up here. I sift through enough twitter and there's a lot of shitcoin airdrops that go on that I don't give credence to. This is completely different to me.

I'm glad there's a month to sort all of this out as I'm really trying to figure out what the best strat is for this. First of all, do you have a recommendation on where to straight up buy SOLO? I saw this link and some of the exchanges I am unfamiliar with.

[link to www.sologenic.com (secure)]

My real dilemma right now is what to do with the XRP. I'm with you man, XRP is the be all end all for me. Been saving for four years for a reason and if I missed out on it mooning because I greedily went for an airdrop, I may never be heard from again. So what's the best way to go? Receiving 5 SOLO instead of .2 is a massive difference. Do you convert your XRP hours before the snapshot to SOLO, then convert back after it's taken?

You're clearly the best source of knowledge on this so I appreciate your thoughts on this and what you're thinking.

BTW you are right, we are all very very early.
 Quoting: Luminous Epinoia




Well dude, this what I did. All year I have been accumulating XRP. As much as I can. Then I saw the Solo drop. I was very lucky and entered at around 11 cents. I bought 500 thinking a 2500 airdrop is incredible. Then I started reading a little more. I figured a 10000 airdrop is even better. I bought in again at around 1.60?? I just looked at the numbers and the risk. In my case I had made more than expected xrp through other airdrops.

I said, Fuck it. 10000 of anything is good. I kept thinking, even if its worth 50 cents by the time it drops, that's 5000 dollars. That's 5000 dollars I could put back into xrp.


I know damn well its going to be worth more eventually. And its going to be free. This shit will peak right before the snapshot. After the snapshot I'm trading all my current Solo back to XRP. Probably tripling or 5x my xrp bag.

Then I wait for the solo drop. And I'm holding all of it.




I bought all my Solo through Xumm. I opened a xumm wallet and then opened a solo trustline. I then traded xrp for solo.

I will move all my current xrp to xumm for the snapshot to get the extra solo.

I will move it back immediately afterwards.
 Quoting: Abe Froman



Great thread!

My concern with the Solo airdrop is the “assumption” made by them on the actual number of tokens per Solo/XRP you’ll receive. If more then 500 million XRP are setup to receive Solo, the ratio will drop accordingly. It’s only projected to be .2 per XRP by estimating only 500m registered tokens.

I didn’t see anything limiting how many could be registered.

What happens if 10 billion are registered?

How many registered for the Flare airdrop?

I did swap a small bag of xrp for solo and setup my trust lines. I’ll also keep what I get from the drop because I like the solo wallet and dex.
 Quoting: Wuher



I've thought of this too. My hope is that more people set the Solo trustline and buy and buy and buy. So much it cuts the ratio to 4 to 1. That would mean that Solo will be at a super high value by the time the snap shot happens.

I think we are in a win win situation no matter what.
Crap
Edmond Dantès

User ID: 80851617
Germany
11/21/2021 06:05 AM

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Re: The XRP Investor Thread
[link to www.weforum.org (secure)]

there is a download of 223 pages ...one mention of xrp as a solution for cross border payments...and others....and an executive from ripple helped to write it....

white paper #8 is probably the most interesting ...233 pages of what is coming

White Paper #1:
The Role of the Public Sector and
Public-Private Cooperation in the
Era of Digital Currency Growth
The Role of the Public
Sector and Public-Private
Cooperation in the Era of
Digital Currency Growth

WHITE PAPER
NOVEMBER 2021
Digital Currency Governance 1/8 Consortium White Paper Series




White Paper #2:
Regulatory and Policy
Gaps and Inconsistencies
of Digital Currencies
Regulatory and Policy Gaps
and Inconsistencies of
Digital Currencies
WHITE PAPER
NOVEMBER 2021
Digital Currency Governance 2/8 Consortium White Paper Series

White Paper #3:
Digital Currency Consumer
Protection Risk Mapping
Digital Currency Consumer
Protection Risk Mapping
WHITE PAPER
NOVEMBER 2021
Digital Currency Governance 3/8 Consortium White Paper Series
Regulatory Choices
Technology Choices
White Paper #6:
Privacy and Confidentiality
Options for CBDC
Privacy and Confidentiality
Options for Central Bank
Digital Currency

WHITE PAPER
NOVEMBER 2021
Digital Currency Governance 6/8 Consortium White Paper Series
White Paper #4:
What is the Value
Proposition of Stablecoins
for Financial Inclusion?
What is the Value
Proposition of Stablecoins
for Financial Inclusion?
WHITE PAPER
NOVEMBER 2021
Digital Currency Governance 4/8 Consortium White Paper Series
White Paper #5:
Blockchain-Based Digital
Currency and Tools for CrossBorder Aid Disbursement
Blockchain-Based
Digital Currency and
Tools for Cross-Border
Aid Disbursement
WHITE PAPER
NOVEMBER 2021
Digital Currency Governance 5/8 Consortium White Paper Series
White Paper #7:
Defining Interoperability
Defining
Interoperability
WHITE PAPER
NOVEMBER 2021
Digital Currency Governance
Consortium White Paper Series
White Paper #8:
CBDC Technology
Considerations

Last Edited by Edmond Dantès on 11/21/2021 06:08 AM
Edmond Dantès

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11/21/2021 06:09 AM

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Re: The XRP Investor Thread
Edmond Dantès

User ID: 80844346
Germany
11/21/2021 06:22 AM

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Re: The XRP Investor Thread
some names with companies with coins..

Sebastian Banescu
Senior Research Engineer & Country Manager,
Quantstamp Inc, Germany

Brian Behlendorf
Executive Director, Hyperledger, Linux Foundation, USA
what is hyperledger? is that hbar hedera hashgraph
2 execs from them so far

Gabriel Bizama
International Policy Lead, Stellar Development
Foundation, Switzerland

Denelle Dixon
Chief Executive Officer, Stellar Development
Foundation, USA

Lasse Herskind
Software Developer, Aave, Denmark

Nicolo Stewen
Product and Strategy, Aave, United Kingdom

Meltem Demirors
Chief Strategy Officer, CoinShares

Susan Friedman
Head, Public Policy, Ripple, USA
pool
~the world needs change~

User ID: 80073096
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11/21/2021 06:28 AM

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Re: The XRP Investor Thread
Coinbase has locked me completely out of my account. No buys sells or swaps. Can't close the account, can't send my crypto anywhere. Can't convert it to USD.

Isn't this bullshit.
They've lost their religion, they've lost their parents; their identity lay with the estate.
Edmond Dantès

User ID: 80879067
Germany
11/21/2021 06:43 AM

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Re: The XRP Investor Thread
Coinbase has locked me completely out of my account. No buys sells or swaps. Can't close the account, can't send my crypto anywhere. Can't convert it to USD.

Isn't this bullshit.
 Quoting: pool


yes it is ...i signed in and bought some xlm just now...so its not company wide
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