The coming utility bull run is not a pump and dump | |
Anonymous Coward User ID: 47160759 United States 05/25/2022 04:12 PM Report Abusive Post Report Copyright Violation | Apparently you haven't seen [link to pitquidity.io (secure)] yet. Quoting: Anonymous Coward 46955520 Us holders get a nice weekly dividend for holding....like a great dividend paying stock. Check it out. That website looks like it was funded by a group of hookers from Columbus GA.. and again for proof of stake, connections to Ethereum trash All defi websites are crazy....its the garage of crypto...lots of dead end projects and great inventions. You just gotta know what you are looking for..Ill take my weekly payments anytime over most shit coins...plus the source of funds how we get our dividend is from business, and not a recycling rewards node ponzi. ...secretshiba is a great tool to use as well for screening projects using social proof, and also had a very low market cap....lots of real gems with track records now....just get to know the devs.....the opportunity is amazing |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 04:14 PM Report Abusive Post Report Copyright Violation | The unregulated market has allowed for all these pump and dump shit coins Quoting: Crypto Monk 80263378 Very reminiscent of the .com era and even internet service providers. There were hundreds of ISPs until the industry was regulated and only a few survived. All these dog coins are a mockery of pets.com Moneygram is going live with XLM in June And SWIFT will be going live with XRP later this year 2020 was the dry run. BTC was the beta net. It went from $3000 in March 2020 to $69,000 in Nov 2021. The pandemic ushered in the need for hands-free transactions Be ready! Failing to plan is planning to fail! Swift is absolute crap compared to KnoxWire, which uses Apollo Currency. Swift could take almost 2 weeks for a single transaction. Can only handle a handful of transactions at a time. Requires a full team of employees per location to keep everything running. Knox Wire takes TWO SECONDS, can handle hundreds of thousands of transactions per second, doesn't require any employees at any locations and can be upgraded remotely. No special equipment needed to maintain the service. Pays holders of Apollo 1% of every transaction. And that's just for starters Proof of stake is trash Could you elaborate why pos is trash. POS is no different than our legacy financial system. The people with the most make the rules. It is not truely decentralized |
Anonymous Coward User ID: 74741875 United States 05/25/2022 04:15 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 82777703 Denmark 05/25/2022 04:16 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 79525744 Swift is absolute crap compared to KnoxWire, which uses Apollo Currency. Swift could take almost 2 weeks for a single transaction. Can only handle a handful of transactions at a time. Requires a full team of employees per location to keep everything running. Knox Wire takes TWO SECONDS, can handle hundreds of thousands of transactions per second, doesn't require any employees at any locations and can be upgraded remotely. No special equipment needed to maintain the service. Pays holders of Apollo 1% of every transaction. And that's just for starters Proof of stake is trash Could you elaborate why pos is trash. POS is no different than our legacy financial system. The people with the most make the rules. It is not truely decentralized Not sure here, is xlm fork of btc. And xrp is ? |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 04:17 PM Report Abusive Post Report Copyright Violation | Apparently you haven't seen [link to pitquidity.io (secure)] yet. Quoting: Anonymous Coward 46955520 Us holders get a nice weekly dividend for holding....like a great dividend paying stock. Check it out. That website looks like it was funded by a group of hookers from Columbus GA.. and again for proof of stake, connections to Ethereum trash All defi websites are crazy....its the garage of crypto...lots of dead end projects and great inventions. You just gotta know what you are looking for..Ill take my weekly payments anytime over most shit coins...plus the source of funds how we get our dividend is from business, and not a recycling rewards node ponzi. ...secretshiba is a great tool to use as well for screening projects using social proof, and also had a very low market cap....lots of real gems with track records now....just get to know the devs.....the opportunity is amazing A website says a lot about your professionalism How’s this website? [link to ripple.com (secure)] Or this one? [link to www.stellar.org (secure)] |
Anonymous Coward User ID: 79269656 Canada 05/25/2022 04:18 PM Report Abusive Post Report Copyright Violation | Let’s take a glimpse of the future. Quoting: Crypto Monk 80263378 As technology advances over time the need for human labor becomes less of a necessity. The demand for human participation in the work force becomes more refined and innovating technology is leveraged to do the work of old. So what happens? More millionaires and billionaires, even trillionaires need to be created that do not need to work. Man you’re a special kind of stupid as the workers aren’t needed the elite will create more billionaires. No no sir they will kill the shit out of everyone that’s surplus. Hey as we become useless the power will give us competing power while being useless. The easiest way to do this is to create a new asset class and leave bread crumbs for those that are able to figure it out. No there are much easier ways than a scavenger hunt to riches. When have they ever allowed such foolishness. They choose winners and losers with EVERY wealth transfer. There are no golden tickets to riches. They have been predictive programming for a very long time about a one world currency They have and it will be a fed coin exchanged 1 to 1 controlled by them pre mined by them again they DO NOT allow ordinary people to obtain power through their system. But a one world currency is impossible So what’s the next best thing? A bridge asset that bridge’s each nation’s sovereign currency. At Bretton Woods, it was decided that the world reserve currency would be the USD and we would have a correspondent banking model. How many golden tickets did the USD give out?? NONE it only sucked value out of citizens. This means that each bank would have to have a certain amount of USD locked up in nostro/vostro accounts so they can exchange USD into their sovereign currency. This process causes a lot of friction with cross border payments because it takes 3-6 days for a payment to go through and sometimes the payment even gets lost. What is the problem that XRP solves? XRP utilizes a protocol that allows a sovereign currency to make a cross border payment and the XRP coin is like a vehicle that transports a currency to its destination and converts it into the respective sovereign currency. And does this in a matter of 2-3 seconds any where in the world with a very low failure rate. Sure does and that’s why the fed con will use similar technology with a 1 to 1 exchange under US Fed Control and unlimited inflation potential. |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 04:22 PM Report Abusive Post Report Copyright Violation | POS is no different than our legacy financial system. The people with the most make the rules. It is not truely decentralized Not sure here, is xlm fork of btc. And xrp is ? No but the developers of BTC, with all of the pitfalls of BTC developed XRP and the XRP ledger as a better BTC .. scalable for global use unlike BTC that was only scalable for a few hundred thousand people. Jed McCaleb, one of the original developers of the XRP ledger left Ripple to start Stellar which uses the same proof of concensus protocol Byzantine validators They are entirely different protocols not forks of BTC |
Anonymous Coward User ID: 82777703 Denmark 05/25/2022 04:24 PM Report Abusive Post Report Copyright Violation | POS is no different than our legacy financial system. The people with the most make the rules. It is not truely decentralized Not sure here, is xlm fork of btc. And xrp is ? No but the developers of BTC, with all of the pitfalls of BTC developed XRP and the XRP ledger as a better BTC .. scalable for global use unlike BTC that was only scalable for a few hundred thousand people. Jed McCaleb, one of the original developers of the XRP ledger left Ripple to start Stellar which uses the same proof of concensus protocol Byzantine validators They are entirely different protocols not forks of BTC Ok, thanks |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 04:26 PM Report Abusive Post Report Copyright Violation | Surprised you haven’t mentioned XDC. Quoting: Anonymous Coward 74741875 Definitely going to flourish during the utility bull run. Thank me later. They can barely take XRP and XLM. Let alone XDC For inquiring minds: XDC will be utilized for world trade with such applications such as institutional smart contracts and NFTS for real estate Anything with an “X” in the designator is a currency. XDC stands for X Digital Contracts |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 04:27 PM Report Abusive Post Report Copyright Violation | ... Quoting: Crypto Monk 80263378 POS is no different than our legacy financial system. The people with the most make the rules. It is not truely decentralized Not sure here, is xlm fork of btc. And xrp is ? No but the developers of BTC, with all of the pitfalls of BTC developed XRP and the XRP ledger as a better BTC .. scalable for global use unlike BTC that was only scalable for a few hundred thousand people. Jed McCaleb, one of the original developers of the XRP ledger left Ripple to start Stellar which uses the same proof of concensus protocol Byzantine validators They are entirely different protocols not forks of BTC Ok, thanks Sorry for typos .. i meant with all of the pitfalls of BTC in mind XRP was created |
Anonymous Coward User ID: 82777703 Denmark 05/25/2022 04:28 PM Report Abusive Post Report Copyright Violation | ... Quoting: Crypto Monk 80263378 POS is no different than our legacy financial system. The people with the most make the rules. It is not truely decentralized Not sure here, is xlm fork of btc. And xrp is ? No but the developers of BTC, with all of the pitfalls of BTC developed XRP and the XRP ledger as a better BTC .. scalable for global use unlike BTC that was only scalable for a few hundred thousand people. Jed McCaleb, one of the original developers of the XRP ledger left Ripple to start Stellar which uses the same proof of concensus protocol Byzantine validators They are entirely different protocols not forks of BTC Ok, thanks But the massiv total supply on xrp is abit worriend no ? Coins in circulation , when mined. Don’t know about that |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 04:29 PM Report Abusive Post Report Copyright Violation | Let’s take a glimpse of the future. Quoting: Crypto Monk 80263378 As technology advances over time the need for human labor becomes less of a necessity. The demand for human participation in the work force becomes more refined and innovating technology is leveraged to do the work of old. So what happens? More millionaires and billionaires, even trillionaires need to be created that do not need to work. Man you’re a special kind of stupid as the workers aren’t needed the elite will create more billionaires. No no sir they will kill the shit out of everyone that’s surplus. Hey as we become useless the power will give us competing power while being useless. The easiest way to do this is to create a new asset class and leave bread crumbs for those that are able to figure it out. No there are much easier ways than a scavenger hunt to riches. When have they ever allowed such foolishness. They choose winners and losers with EVERY wealth transfer. There are no golden tickets to riches. They have been predictive programming for a very long time about a one world currency They have and it will be a fed coin exchanged 1 to 1 controlled by them pre mined by them again they DO NOT allow ordinary people to obtain power through their system. But a one world currency is impossible So what’s the next best thing? A bridge asset that bridge’s each nation’s sovereign currency. At Bretton Woods, it was decided that the world reserve currency would be the USD and we would have a correspondent banking model. How many golden tickets did the USD give out?? NONE it only sucked value out of citizens. This means that each bank would have to have a certain amount of USD locked up in nostro/vostro accounts so they can exchange USD into their sovereign currency. This process causes a lot of friction with cross border payments because it takes 3-6 days for a payment to go through and sometimes the payment even gets lost. What is the problem that XRP solves? XRP utilizes a protocol that allows a sovereign currency to make a cross border payment and the XRP coin is like a vehicle that transports a currency to its destination and converts it into the respective sovereign currency. And does this in a matter of 2-3 seconds any where in the world with a very low failure rate. Sure does and that’s why the fed con will use similar technology with a 1 to 1 exchange under US Fed Control and unlimited inflation potential. The JPM coin is a failed product of fraud and corruption on the Ethereum blockchain. You can easily tell that the Ethereum gas fees are unsustainable for something that needs widespread liquidity More information virus rhetoric |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 04:33 PM Report Abusive Post Report Copyright Violation | No but the developers of BTC, with all of the pitfalls of BTC developed XRP and the XRP ledger as a better BTC .. scalable for global use unlike BTC that was only scalable for a few hundred thousand people. Jed McCaleb, one of the original developers of the XRP ledger left Ripple to start Stellar which uses the same proof of concensus protocol Byzantine validators They are entirely different protocols not forks of BTC Ok, thanks But the massiv total supply on xrp is abit worriend no ? Coins in circulation , when mined. Don’t know about that Once you understand the many use cases that the XRP ledger you will understand that 50 billion coins in circulation is not alot. In the entire universe there will only ever be 100 billion or less XRP In fact the number is lower because XRP is deflationary.. XRP transactions are cannibalistic and it eats itself in order for a transaction to happen. A small amount of XRP is burned forever with every single XRP transaction |
Anonymous Coward User ID: 47160759 United States 05/25/2022 04:36 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 47160759 United States 05/25/2022 04:37 PM Report Abusive Post Report Copyright Violation | |
Crypto Monk (OP) User ID: 80263378 India 05/25/2022 04:39 PM Report Abusive Post Report Copyright Violation | Xrp is great especially as it integrates with Flare in July....Pitquidity already mines songbird, and has assets for collateral to create F-assets when time comes. They both will lead the next bull. Still a few more kinks to work out. Quoting: Anonymous Coward 47160759 Flare is building their entire protocol on ethereum virtual machines More proof of stake trash And anything that generates a return will be classified as a security and I would stay clear away from any of that until after regulations |
XRP (OP) User ID: 80263378 India 05/25/2022 04:46 PM Report Abusive Post Report Copyright Violation | Another thing many people don't know about xrp supply is that a drop is only 6 decimap spaces...where bitcoin's Satoshi is 8 decimal spaces.....so the total atomic units of XRP is less than it appears on the surface. Quoting: Anonymous Coward 47160759 Allow me to elaborate So basically if BTC were divisible to 6 decimal spaces, example 0.000000 like XRP is and not 8 decimals, example 0.00000000 Then the equivalent would be a circulating supply of 1.8 billion BTC Or if XRP was divisible down to 8 decimals the equivalent would be a total supply of one billion And Ripple keeps half of the XRP supply locked away in escrow so there are only 48 Billion I believe at this point in time So you would compare 1.8 billion bitcoin to 48 billion XRP When you think at the global level that is not much of a difference |
XRP User ID: 80272521 India 05/25/2022 05:04 PM Report Abusive Post Report Copyright Violation | Most people have the wrong idea on how the value of XRP will be discovered. Most people think it is like a pot of money so therefore if SWIFT does 5 trillion in transactions per day than XRP needs to be a price such as 5 trillion divided by circulating supply. That would mean at the very least XRP would have to be $100 per coin. But the value of XRP is discovered through the utility of the ledger. The velocity of transactions. Supply and demand. Early investors will hold a good chunk of XRP making the circulating supply even more scarce. For example when BTC had the COVID 19 bullrun because due to the pandemic more people were using digital payments.. So at its height of $69k was there really over $1.5 trillion in a pot of liquidity? No and most people were buying SATS not whole bitcoins. So the price of BTC went up due to the utility of BTC That being said the price discovery of XRP is virtually impossible to predict |
Crypto Monk User ID: 80272521 India 05/25/2022 05:05 PM Report Abusive Post Report Copyright Violation | Most people have the wrong idea on how the value of XRP will be discovered. Quoting: XRP 80272521 Most people think it is like a pot of money so therefore if SWIFT does 5 trillion in transactions per day than XRP needs to be a price such as 5 trillion divided by circulating supply. That would mean at the very least XRP would have to be $100 per coin. But the value of XRP is discovered through the utility of the ledger. The velocity of transactions. Supply and demand. Early investors will hold a good chunk of XRP making the circulating supply even more scarce. For example when BTC had the COVID 19 bullrun because due to the pandemic more people were using digital payments.. So at its height of $69k was there really over $1.5 trillion in a pot of liquidity? No and most people were buying SATS not whole bitcoins. So the price of BTC went up due to the utility of BTC That being said the price discovery of XRP is virtually impossible to predict That was weird with my user handle |
Crypto Monk User ID: 80272521 India 05/25/2022 05:17 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 16242016 United States 05/25/2022 05:21 PM Report Abusive Post Report Copyright Violation | The unregulated market has allowed for all these pump and dump shit coins Quoting: Crypto Monk 80263378 Very reminiscent of the .com era and even internet service providers. There were hundreds of ISPs until the industry was regulated and only a few survived. All these dog coins are a mockery of pets.com Moneygram is going live with XLM in June And SWIFT will be going live with XRP later this year 2020 was the dry run. BTC was the beta net. It went from $3000 in March 2020 to $69,000 in Nov 2021. The pandemic ushered in the need for hands-free transactions Be ready! Failing to plan is planning to fail! The whole "utility run" thing is propaganda to fool hodlers into never selling their crypto when it pumps up. There will never be a utility run on any crypto. Speculation runs are the only runs that there are. It's just mathematics on a finite asset, same as the stock market. Except obviously more volatile. |
Crypto Monk User ID: 83418024 United States 05/25/2022 05:37 PM Report Abusive Post Report Copyright Violation | The unregulated market has allowed for all these pump and dump shit coins Quoting: Crypto Monk 80263378 Very reminiscent of the .com era and even internet service providers. There were hundreds of ISPs until the industry was regulated and only a few survived. All these dog coins are a mockery of pets.com Moneygram is going live with XLM in June And SWIFT will be going live with XRP later this year 2020 was the dry run. BTC was the beta net. It went from $3000 in March 2020 to $69,000 in Nov 2021. The pandemic ushered in the need for hands-free transactions Be ready! Failing to plan is planning to fail! The whole "utility run" thing is propaganda to fool hodlers into never selling their crypto when it pumps up. There will never be a utility run on any crypto. Speculation runs are the only runs that there are. It's just mathematics on a finite asset, same as the stock market. Except obviously more volatile. And you have absolutely no idea where your own ass is do you? Utility assets have……utility bullruns? Why? Because they serve a purpose and are not some speculative act of fiction Do you even have two brain cells to rub together in order to formulate a common sense based thought? |
Crypto Monk User ID: 83418024 United States 05/25/2022 05:58 PM Report Abusive Post Report Copyright Violation | |
Crypto Monk User ID: 83418024 United States 05/25/2022 06:10 PM Report Abusive Post Report Copyright Violation | |
Butch DeFeo
User ID: 83141632 United States 05/25/2022 07:40 PM Report Abusive Post Report Copyright Violation | I know it’s not your fault that you were born with a 115 IQ but if you think “the big one” is a token that will be utilized for video streaming and not the banking industry than all I can do is stay silent. Because I have no words to say. THETA: Several patents to decentralize video streaming, gaming bandwidth, and other bandwidth sharing; partnerships with Samsung, Sony, Google, Binance, and more; THETA is going to make money (a real profit) facilitating the streaming of video for the likes of youtube, Amazon video, Netflix, etc. It's gonna make real money; THETA is faster and WAY less expensive to use than Ethereum (your favorite). And THETA can do Ethereum type transactions; THETA is going to be the backbone of the new WWW3 (Metaverse) internet. Are these banking cryptos that you like gonna make as much money as THETA? I don't think so. :DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS: Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN. |
Crypto Monk User ID: 80297387 India 05/25/2022 07:47 PM Report Abusive Post Report Copyright Violation | I know it’s not your fault that you were born with a 115 IQ but if you think “the big one” is a token that will be utilized for video streaming and not the banking industry than all I can do is stay silent. Because I have no words to say. THETA: Several patents to decentralize video streaming, gaming bandwidth, and other bandwidth sharing; partnerships with Samsung, Sony, Google, Binance, and more; THETA is going to make money (a real profit) facilitating the streaming of video for the likes of youtube, Amazon video, Netflix, etc. It's gonna make real money; THETA is faster and WAY less expensive to use than Ethereum (your favorite). And THETA can do Ethereum type transactions; THETA is going to be the backbone of the new WWW3 (Metaverse) internet. Are these banking cryptos that you like gonna make as much money as THETA? I don't think so. :THETA TOKEN: Is there something wrong with you? Did you even read this thread? I do not give a flying fuck about theta coin. Theta is twitch 2.0 thats pansy bullshit. I am here for generational wealth. BTW fuck Ethereum |
Crypto Monk User ID: 80297387 India 05/25/2022 07:51 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80098919 United States 05/25/2022 07:52 PM Report Abusive Post Report Copyright Violation | Let’s take a glimpse of the future. Quoting: Crypto Monk 80263378 As technology advances over time the need for human labor becomes less of a necessity. The demand for human participation in the work force becomes more refined and innovating technology is leveraged to do the work of old. So what happens? More millionaires and billionaires, even trillionaires need to be created that do not need to work. The easiest way to do this is to create a new asset class and leave bread crumbs for those that are able to figure it out. They have been predictive programming for a very long time about a one world currency But a one world currency is impossible So what’s the next best thing? A bridge asset that bridge’s each nation’s sovereign currency. At Bretton Woods, it was decided that the world reserve currency would be the USD and we would have a correspondent banking model. This means that each bank would have to have a certain amount of USD locked up in nostro/vostro accounts so they can exchange USD into their sovereign currency. This process causes a lot of friction with cross border payments because it takes 3-6 days for a payment to go through and sometimes the payment even gets lost. What is the problem that XRP solves? XRP utilizes a protocol that allows a sovereign currency to make a cross border payment and the XRP coin is like a vehicle that transports a currency to its destination and converts it into the respective sovereign currency. And does this in a matter of 2-3 seconds any where in the world with a very low failure rate. A glimpse is more likely starvation, massive shortages, currency collapse. Massive cuts to social entitlement programs and higher crime. Care to place a bet? |
Butch DeFeo
User ID: 83141632 United States 05/25/2022 07:53 PM Report Abusive Post Report Copyright Violation | I know it’s not your fault that you were born with a 115 IQ but if you think “the big one” is a token that will be utilized for video streaming and not the banking industry than all I can do is stay silent. Because I have no words to say. THETA: Several patents to decentralize video streaming, gaming bandwidth, and other bandwidth sharing; partnerships with Samsung, Sony, Google, Binance, and more; THETA is going to make money (a real profit) facilitating the streaming of video for the likes of youtube, Amazon video, Netflix, etc. It's gonna make real money; THETA is faster and WAY less expensive to use than Ethereum (your favorite). And THETA can do Ethereum type transactions; THETA is going to be the backbone of the new WWW3 (Metaverse) internet. Are these banking cryptos that you like gonna make as much money as THETA? I don't think so. Is there something wrong with you? Did you even read this thread? I do not give a flying fuck about theta coin. Theta is twitch 2.0 thats pansy bullshit. I am here for generational wealth. BTW fuck Ethereum Generational wealth. :DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS: Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN. |
Butch DeFeo
User ID: 83141632 United States 05/25/2022 07:54 PM Report Abusive Post Report Copyright Violation | You know the derivatives market is measured in the quadrillions? Quoting: Crypto Monk 80297387 You know that SWIFT settles 5 trillion per day? Tell me again about your bullshit theta fetish? SWIFT is going away. THETA TOKEN is gonna take its place. THETA is gonna sell real estate, automobiles, insurance, everything. Commission, fees, etc. You're overconfident about your banking coins. Last Edited by Butch DeFeo on 05/25/2022 07:56 PM :DOCSRBAFFLED::redblueLED::DONTBEAPANDEMICS: Only you can stop the fake pandemic for yourself, no one will ever tell you the pandemic is over. It's time to WIN. |