The XRP Investor Thread

As I was searching to see what would incur the smallest fee to move/exchange a portion of my XLM to XDC/IOTA/ALGO I started thinking why lessen my XLM holding? I am all in for XLM as much or more than those others and the all eggs in one basket doesn't concern me w/ XLM, so why bother? Am I missing something?

My intention is just to position myself and sit. Any reason to spread out or just sit tight with XRP and XLM?

I'd say trust your gut instinct.

You can add other coins as you have money to buy more.

But if you're not feeling it, then as you say, why diminish your XLM?

I got to that point too, where I was always using my XLM to swap out into other things, and constantly buying more XLM to top back up.

After a long time I'm just wanting to leave that XLM alone for now.

I don't have anything to top it back up with - is the reason :) hahahahahaha

Thanks, as always, Vision Thing :)

BTC about to crash again.

Just noticed that our thread OP changed -

Luminous Epinoia must have deleted his account

Now the thread OP says "Anonymous Coward".

Hope Luminous is okay.

I've tried to ask after him a few times, never heard anything back.

He was ill, I know that, maybe he had to liquidate his cypto holdings to survive.

Luminous you probably don't read here anymore, for a long time, but - wishing you the best.

Can anyone make sense out of this reply from Uphold? I have been back and forth with them, my bank accounts have been debited and into their control from the time I made each purchase. They tell me my first transaction is now available to remove (should have been since 6/29 but it fails with a message anywhere from 5 to 7 days remaining each time I have tried today).

"Please note that the cooldown is applied to the full deposited amount, and future deposits from other sources (e.g. credit card, crypto network) might be deemed as locked if the customer balance falls below the bank deposit amount during the cooldown period.

You will be able to withdraw your unlocked funds, as long as the total remaining balance will not fall below the total amount of currently locked funds or under cooldown period,"

Pulling my hair out (what remains of it)!

The world has gone to hell in a handbasket.

I had a TDAm stock purchased w 1 bank transaction get sold at a loss. They then billed me (the entire loss of the stock value) for having nothing in my account, after the account had literally sat empty for over a year. They created a problem so they could write off an imaginary debt.

Thanks pool, after much back and forth and tweeting them for some understanding it stands here:

"As for your question:
If not mistaken, you are saying if XRP fell to a value of .13 my wait would be even longer, is that correct?

That is correct, the system will lock the value of the original purchase (In USD), as soon as the amount is released, you'll be able to withdraw the XRP you are holding in your account."

They do respond pretty quickly, will give them that and will just have to keep trying.

Does that mean it has to get equal to or above what it was at time of purchase before I'll ever have access to it? I am a pretty dull blade when it comes to anything finance related...

Last Edited by Samguy on 07/05/2022 06:12 PM

If you used a credit card, prob. since that is considered pending.

I use a bank transfer so the profit and loss is running up to date if I want to convert, sell or cash out. I've had to cash out to pay bills, wait for more funds a few days later, then rebuy.

Sorry it's got you in a bind.

Thanks No, all purchases were made via bank funds. Between waiting for the divorce papers to be signed which gives me my XRP purchases which were made after we split mine free and clear, to trying to decide if we will see a drop in XRP (waiting to throw my last $$ into XRP) it is the least of my worries.

You all think XRP has decoupled at this point from BTC? I'm thinking I should stop stalling and pull the trigger. Lot of news lately re: PTB starting to make big moves to utilize digital banking...

Just a touch and go...one thing I really need is a balanced crypto portfolio. so far it has been there are 50 up vs 50 down and down the past couple weeks: my holds are:

XRP
ETH2
WLUNA
JUP


anyone notice a balance portfolio during this bull mkt?????

SO, CB has a new thing happening in the reviews. They are using the reviews as a form of pumping new assets by mentioning what they want to pump. I caught a tip on the JUP yesterday, rolled $300 from a sinking asset into it. Sat with it until I woke, and asset was worth $380. I cashed out, since the pump occurred around midnight (cst) and appeared to be sinking this morning.
Looked at the reviews of JUP, and there was a string of other tokens starting to be pumped as well, back and forth.
The CB review string is being used like a forum.

So, I went back and found the person whose review led me to JUP, it was on the NCT reviews, Myles H.. He has a JUP review from 4 days ago, so who knows when he got in, but he's made some bank by hitting all the other reviews with his "moon" pump.

XRP circulation is 48% today; 100% is the goal.

48.3B XRP
48% of total supply

Hey everyone on thread...and W.
been saying too much it appears
Athey appointed to antitrust at DOJ as I reported 6 months ago...

Homestretch peeps....

Just in case you forgot.
Props to Kimes, DAI and WMC for covering it today.

Yeup
prices may go very very low before lawsuit settles then utility time

Tether could collapse any time, taking BTC, ETH & rest of market down with it

When prices drop, buy the fugg out of all ISO2022 tokens, as they will actually be used & they want retailers OUT before regulations. Regs will be global, worldwide for cryptos

bankers are using the low prices to
1) try to scare people completely out of the crypto market
2) so they can accumulate more on the cheap


banksters are such liars, they have been saying 'crypto is bad' for 5+ years, then they will use CBDC settling cryptos...

January 21, 2022 ^^^^^^

Of course today was filled with distractions . . .
I've got some catching up to do tomorrow.

Thanks G

Last Edited by Vision Thing on 07/07/2022 06:31 AM

Yes like that Glenn Beck video where they were saying that was what happened in the dotcom bubble, they scared people out of holding the early internet stocks so they could buy them up cheap.

Same thing happening now I'm sure.

Been seeing something about the expiration date of the escrow coming up? Mid July maybe, I forget.

Yes but not all cryptos, the non utility speculative projects will die & banksters will use the digital utility assets (isos) for the new financial system

hence why they have been so negative about them for years, not wanting people to buy them & trying to scare people out. They want people to lose their shirts on high priced distractions like Bitcoin that has 0 use case & isn't a store of value
x r p is like digital gold that can be transported across the world in 3 secs, know what you hodl ... 99% of cryptos are a waste of time and $

eth fees are at multi-year lows! Eth 2.0 will be a game changer!

Two great youtube resources:

1) Darren Moore JR. who does the big picture on economics & crypto


2) Cryptohulk - who speaks honestly, drinks & swears a lot but tells the truth, they even shut down one of his channels for spilling the beans on XrP

bruh they have been saying 'eth 2.0' for like 5 years LoL
XD

Maybe this will help someone, ideas for cashing out to USD/USDC without moving coins to an exchange:

I structured a series of orders to cash out a small portion of the XRP at several price points on a run up, I placed them on Sologenic DEX connecting XUMM for some and SOLO wallet for another.

Also placed a sell order for XLM in Lobstr, you can place limit orders directly in the wallet now. I need to put a couple more live sell orders there.

None of the above would make too much of a dent in the total holdings, but if they all filled I'd be in good shape to get by for couple of years. I don't need much.

It helped to have perspective from a friend who said he cut his sell prices in half for the initial sell order, and increased the amount of profit he would take.

If anyone is wondering how to place limit orders in Sologenic Dex and XUMM, or in Lobstr, I could maybe help.

It's nice to know you can do that for XRP/USD and XLM/USD without having your assets on an exchange.

I'll look for it..

By placing 55 billion XRP into time-based escrows, Ripple ensures that the supply of XRP in circulation is predictable and increases at a slow but steady rate. Others who hold XRP know that Ripple cannot flood the market, even if the company's priorities or strategy changes.

[link to xrpl.org (secure)]


It's MONTHLY.

Ripple, a blockchain-powered digital payment network, has released one billion XRP tokens, a portion of which will be used for business operations. On the first calendar day of every month, this routine is carried out. For the last few years, the XRP token release has been carried out in two tranches of 500 million coins at the same instance.

Due to the fact that these XRP releases from the escrow are preprogrammed, they are carried out automatically since 2017. The actual idea was to systematically release 55 billion XRP from escrow, implying the monthly transactions will likely end this year.

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

Who's Susan Athey? Why is she important?
Micro economist. Teaches on the economics of technology at Stanford University.
Created the Ripple price calculator with Robbie Michnick (Blackrock, VP of blockchain development).

Doctorate from Stanford.
Speaking at Open Dialog 2022.
Who founded the Dialog Conference?
Reid Hoffman (Stanford), Peter Thiel (Stanford), Elon Musk (Stanford), Eric Schmidt (Cal-Berkley).

You know who else went to Cal-Berkley around the same time frame? Jed

I'm sure they never met each other.

[link to www.stedas.hr (secure)]

$6.37 - $32.91