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The coming utility bull run is not a pump and dump

 
AxX

User ID: 75450217
United States
05/27/2022 08:12 AM

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Re: The coming utility bull run is not a pump and dump
Crypto Monk,

When the utility bull run occurs, and possibly reaches $10, $10k, $35k, $1mln, are you ever planning on selling?

Or will you be looking for ways to "loan out" your high valued assets for a fee?

How do you see the "Exit Strategy" working, or rather, a decent strategy for profiting from the top?

(I really suck at exit strategies... It's super easy to just throw your spare change at it and HODL.)
Energy flows where focus goes.

[25/77/19]

Rev 3:9 <-- Wonder who these guys are?

“The future’s uncertain and The End is always near!” - Jim Morrison, 1970
Anonymous Coward
User ID: 80527424
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05/27/2022 08:58 AM
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Re: The coming utility bull run is not a pump and dump
Crypto Monk,

When the utility bull run occurs, and possibly reaches $10, $10k, $35k, $1mln, are you ever planning on selling?

Or will you be looking for ways to "loan out" your high valued assets for a fee?

How do you see the "Exit Strategy" working, or rather, a decent strategy for profiting from the top?

(I really suck at exit strategies... It's super easy to just throw your spare change at it and HODL.)
 Quoting: AxX


This is just my opinion:

I might be in a small minority with this thought

I honestly don’t think it will be necessary to sell any assets that have an “x” designator

An “x” designator means its a currency.. so it would be redundant to sell

I have also picked up on the idea that people will be able to buy for a example, a Starbucks coffee with their Apple stock using the XRPL and Stellar network

The IMF often refers to XRP/XLM as stable coins so you won’t have to worry about the price fluctuations and missing out on profits

I personally believe the speculative nature of digital assets will be short lived

The best advice to be safe though, is what David Schwartz says “if you have life changing money go ahead and short your position”. Just remember taxes
Anonymous Coward
User ID: 80527424
United States
05/27/2022 08:59 AM
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Re: The coming utility bull run is not a pump and dump
Personally, I will never sell any XRP or XLM. Hypothetically, if I did own those assets which I cannot confirm or deny
AxX

User ID: 75450217
United States
05/27/2022 09:05 AM

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Re: The coming utility bull run is not a pump and dump
Thank you. Appreciate your opinion.

Still forming mine, but looks like I've got a few months to figure it out. ;)
Energy flows where focus goes.

[25/77/19]

Rev 3:9 <-- Wonder who these guys are?

“The future’s uncertain and The End is always near!” - Jim Morrison, 1970
Anonymous Coward
User ID: 80527424
United States
05/27/2022 09:14 AM
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Re: The coming utility bull run is not a pump and dump
There is going to be a two tier society..

The über rich and contrary to popular opinion, it’s not going to be the rich and the poor..

It’s going to be the über rich and the new general population class.

Due to UBI, universal basic income, poverty will be eradicated. And you will be compensated for your data.

You will be paid to watch ads, to exercise, to play video games etc etc

There will be a new renaissance in creativity and creative people because there will be more time for people to do what they love instead of working all day.

The family will be restored. Education will be entirely mobile. People will become more transient and home ownership will soon become a thing of the past.

This is the underlying meaning of “build back better”

The Biden Administration is playing bad cop because the middle class has to be destroyed so the lower class and middle class can merge while they introduce blockchain technology to every industry on Earth.

Welcome to the Space Age!
 Quoting: Crypto Monk 80263378


great analysis
 Quoting: Anonymous Coward 83382930

hf
Anonymous Coward
User ID: 80527424
United States
05/27/2022 09:18 AM
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Re: The coming utility bull run is not a pump and dump
Bitcoin was just a test $XRP will be the 1st multi million dollar token. In the future 10 XRP will = $10,000,000. Don't be stupid. Be the bank before the bank goes live.
 Quoting: Anonymous Coward 83061762


As crazy as this sounds

I 100% agree

I have mentioned in conversations that I believe XRP to potentially be a 7-8 digit asset

The banks will be fiending for XRP
Anonymous Coward
User ID: 80527424
United States
05/27/2022 10:31 AM
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Re: The coming utility bull run is not a pump and dump
[link to www.finextra.com (secure)]


The Fedwire migration is just one of several major projects facing US banks, which also have to contend with Swift's ISO 20022 migration in November 2022 and the FedNow real-time payments system going live in 2023.

SWIFT with the outdated nostro/vostro correspondent banking network moves $5 trillion per day



And this is the timeline without a crisis in progress
Anonymous Coward
User ID: 79682684
Canada
05/27/2022 11:07 AM
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Re: The coming utility bull run is not a pump and dump
xrp is trash.

Just sits there.

For years and years now.

Garbage.
Anonymous Coward
User ID: 80527424
United States
05/27/2022 11:16 AM
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Re: The coming utility bull run is not a pump and dump
xrp is trash.

Just sits there.

For years and years now.

Garbage.
 Quoting: Anonymous Coward 79682684


Just like your brain
Anonymous Coward
User ID: 79682684
Canada
05/27/2022 11:20 AM
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Re: The coming utility bull run is not a pump and dump
xrp is trash.

Just sits there.

For years and years now.

Garbage.
 Quoting: Anonymous Coward 79682684


Just like your brain
 Quoting: Crypto Monk


You look like a penis with a hat.
Anonymous Coward
User ID: 83015758
United States
05/27/2022 11:22 AM
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Re: The coming utility bull run is not a pump and dump
Distraction is the name of the game.

Until you realize that EVERYTHING is there to distract you. You live in a matrix of distraction!

How many of you know that there is a company called Ripple that is being sued by the SEC; which is a microcosm of the People VS a Corrupt Government

Wallstreet and the usual suspects tried to wiggle their way into domination and control via corruption and fraud.

Bill Hinman was paid 15 million dollars to give Ethereum regulatory clarity and the SEC therefore acknowledged that Ethereum was not a security and in fact was a sufficiently decentralized currency

Which sparked the Ethereum bull run. And they totally ignored and tried to suppress the success of XRP. XRP utilizes federated consensus and byzantine agreement protocols whereas Ethereum is POW. Which makes XRP a superior technology.

With 24 hours left as SEC Chairman, Jay Clayton filed a lawsuit against Ripple claiming the sale of unregistered securities.

They are saying Ethereum is a currency and XRP is a security.
 Quoting: Crypto Monk 80263378



Ethereum coins were minted from Mining (POW) protocol

XRP coins were minted (essentially from a SQL DB like protocol) and distributed mostly to the owners (which happen to be banker collective).

I'd suggest that is the reason and fair/valid conclusion of what is a security vs non security.
Butch DeFeo

User ID: 83141632
United States
05/27/2022 12:26 PM
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Re: The coming utility bull run is not a pump and dump
Missed Out on Bitcoin? Buy This Cryptocurrency Now:

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

===================

THETA's partnership with SONY to release 3D NFT's for spacial reality display:



Last Edited by Butch DeFeo on 05/27/2022 12:39 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.
Crypto Monk
User ID: 80527424
United States
05/27/2022 12:37 PM
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Re: The coming utility bull run is not a pump and dump
xrp is trash.

Just sits there.

For years and years now.

Garbage.
 Quoting: Anonymous Coward 79682684


Just like your brain
 Quoting: Crypto Monk


You look like a penis with a hat.
 Quoting: Anonymous Coward 79682684


And I fuck pussies like you
Crypto Monk
User ID: 80527424
United States
05/27/2022 12:44 PM
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Re: The coming utility bull run is not a pump and dump
Distraction is the name of the game.

Until you realize that EVERYTHING is there to distract you. You live in a matrix of distraction!

How many of you know that there is a company called Ripple that is being sued by the SEC; which is a microcosm of the People VS a Corrupt Government

Wallstreet and the usual suspects tried to wiggle their way into domination and control via corruption and fraud.

Bill Hinman was paid 15 million dollars to give Ethereum regulatory clarity and the SEC therefore acknowledged that Ethereum was not a security and in fact was a sufficiently decentralized currency

Which sparked the Ethereum bull run. And they totally ignored and tried to suppress the success of XRP. XRP utilizes federated consensus and byzantine agreement protocols whereas Ethereum is POW. Which makes XRP a superior technology.

With 24 hours left as SEC Chairman, Jay Clayton filed a lawsuit against Ripple claiming the sale of unregistered securities.

They are saying Ethereum is a currency and XRP is a security.
 Quoting: Crypto Monk 80263378



Ethereum coins were minted from Mining (POW) protocol

XRP coins were minted (essentially from a SQL DB like protocol) and distributed mostly to the owners (which happen to be banker collective).

I'd suggest that is the reason and fair/valid conclusion of what is a security vs non security.
 Quoting: Anonymous Coward 83015758


[link to youtu.be (secure)]



Crypto Monk
User ID: 80527424
United States
05/27/2022 12:46 PM
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Re: The coming utility bull run is not a pump and dump
Missed Out on Bitcoin? Buy This Cryptocurrency Now:

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

===================

THETA's partnership with SONY to release 3D NFT's for spacial reality display:


 Quoting: Butch DeFeo


[link to bitcoinsupports.com (secure)]



Michael Jordan’s Non-Fungible Tokens (NFT) Will Be Available on Ripple’s XRPL in Q2 2022.


These games we play!
Anonymous Coward
User ID: 80527424
United States
05/27/2022 12:53 PM
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Re: The coming utility bull run is not a pump and dump
bump
Butch DeFeo

User ID: 83141632
United States
05/27/2022 01:01 PM
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Re: The coming utility bull run is not a pump and dump
Missed Out on Bitcoin? Buy This Cryptocurrency Now:

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

===================

THETA's partnership with SONY to release 3D NFT's for spacial reality display:


 Quoting: Butch DeFeo


[link to bitcoinsupports.com (secure)]



Michael Jordan’s Non-Fungible Tokens (NFT) Will Be Available on Ripple’s XRPL in Q2 2022.


These games we play!
 Quoting: Crypto Monk 80527424


bump
 Quoting: Crypto Monk


WHY are you BOTH named Crypto Monk? (not criticizing, just curious)
: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.
AxX

User ID: 75450217
United States
05/27/2022 01:04 PM

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Re: The coming utility bull run is not a pump and dump
One is logged in, the other is not.
Energy flows where focus goes.

[25/77/19]

Rev 3:9 <-- Wonder who these guys are?

“The future’s uncertain and The End is always near!” - Jim Morrison, 1970
Butch DeFeo

User ID: 83141632
United States
05/27/2022 01:05 PM
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Re: The coming utility bull run is not a pump and dump
Missed Out on Bitcoin? Buy This Cryptocurrency Now:

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

===================

THETA's partnership with SONY to release 3D NFT's for spacial reality display:


 Quoting: Butch DeFeo


[link to bitcoinsupports.com (secure)]



Michael Jordan’s Non-Fungible Tokens (NFT) Will Be Available on Ripple’s XRPL in Q2 2022.


These games we play!
 Quoting: Crypto Monk 80527424


THETA has released NFTS for Katy Perry, Dionne Warwick, Ammerican Idol, The Price is Right, more. And utility NFTs for Vegas' new hotel, Resort World.
: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
05/27/2022 01:05 PM
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Re: The coming utility bull run is not a pump and dump
One is logged in, the other is not.
 Quoting: AxX


Okay, so they're the same person. Got it. Thanks.
: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.
Anonymous Coward
User ID: 77034040
05/27/2022 01:44 PM
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Re: The coming utility bull run is not a pump and dump
epiclol
Anonymous Coward
User ID: 77034040
05/27/2022 01:46 PM
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Re: The coming utility bull run is not a pump and dump
Bitcoin was just a test $XRP will be the 1st multi million dollar token. In the future 10 XRP will = $10,000,000. Don't be stupid. Be the bank before the bank goes live.
 Quoting: Anonymous Coward 83061762


As crazy as this sounds

I 100% agree

I have mentioned in conversations that I believe XRP to potentially be a 7-8 digit asset

The banks will be fiending for XRP
 Quoting: Crypto Monk


epiclol

disgust2
Anonymous Coward
User ID: 80527424
United States
05/27/2022 01:48 PM
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Re: The coming utility bull run is not a pump and dump
Missed Out on Bitcoin? Buy This Cryptocurrency Now:

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

===================

THETA's partnership with SONY to release 3D NFT's for spacial reality display:


 Quoting: Butch DeFeo


[link to bitcoinsupports.com (secure)]



Michael Jordan’s Non-Fungible Tokens (NFT) Will Be Available on Ripple’s XRPL in Q2 2022.


These games we play!
 Quoting: Crypto Monk 80527424


THETA has released NFTS for Katy Perry, Dionne Warwick, Ammerican Idol, The Price is Right, more. And utility NFTs for Vegas' new hotel, Resort World.
 Quoting: Butch DeFeo


I just wrote a very detailed post but couldn’t figure out which word was triggering the bane algorithm.. so I will try one at a time
Anonymous Coward
User ID: 80527424
United States
05/27/2022 01:52 PM
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Re: The coming utility bull run is not a pump and dump
[link to amp.fxempire.com (secure)]



Ripple (XRP) has announced the enrollment of nearly 4,000 creators in various non-fungible token (NFT) projects through its $250 million Creator Fund, which it hopes will help to accelerate the sector’s expansion.
Anonymous Coward
User ID: 80527424
United States
05/27/2022 02:00 PM
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Re: The coming utility bull run is not a pump and dump
[link to dev.to (secure)]


The XLS-20d proposal introduces extensions to the XRP Ledger that would support a native NFT type, along with operations to enumerate, transfer and hold such tokens. With XLS-20d live on XLS-20 Sandbox today, developers can access all essential NFT functionality including minting, trading, and burning. Moreover, advanced features like automatic royalties, which enable more sophisticated royalty structures for creators, and co-ownership, which expands access possibilities to assets, are also built into the proposal.

David Schwartz, CTO @ Ripple has mentioned that XLS-20d isn’t perfect because it is like pushing a square peg into a round hole.

Mainly because the primary focus of the XRPL is payments. And the idea is to do one thing and do it very well.

So it is sort of an introduction to the idea of NFTs and to give creators the steering wheel to see what they do with it
Butch DeFeo

User ID: 83141632
United States
05/27/2022 02:04 PM
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Re: The coming utility bull run is not a pump and dump
Missed Out on Bitcoin? Buy This Cryptocurrency Now:

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

===================

THETA's partnership with SONY to release 3D NFT's for spacial reality display:


 Quoting: Butch DeFeo


[link to bitcoinsupports.com (secure)]



Michael Jordan’s Non-Fungible Tokens (NFT) Will Be Available on Ripple’s XRPL in Q2 2022.


These games we play!
 Quoting: Crypto Monk 80527424


THETA has released NFTS for Katy Perry, Dionne Warwick, Ammerican Idol, The Price is Right, more. And utility NFTs for Vegas' new hotel, Resort World.
 Quoting: Butch DeFeo


I just wrote a very detailed post but couldn’t figure out which word was triggering the bane algorithm.. so I will try one at a time
 Quoting: Crypto Monk


Thanks for your effort. I am totally into learning more and more about cryptos. And it could be a LINK or webpage that GLP doesn't like which is causing the problem in some of your posts.

Last Edited by Butch DeFeo on 05/27/2022 02:07 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.
Anonymous Coward
User ID: 80527424
United States
05/27/2022 02:10 PM
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Re: The coming utility bull run is not a pump and dump
That being said, the codius protocol

Which was the concept that vitalik “wipe my boogers on the couch” buterin stole from this guy:

[link to fortune.com (secure)]


When he was sleeping on his couch and trying to intern at Ripple but couldn’t get a work visa so he left the country and founded Ethereum based on the codius protocol
Anonymous Coward
User ID: 80527424
United States
05/27/2022 02:11 PM
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Re: The coming utility bull run is not a pump and dump
[link to codius.org (secure)]

Codius is in beta. Expect dragons
Anonymous Coward
User ID: 80527424
United States
05/27/2022 02:13 PM
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Re: The coming utility bull run is not a pump and dump
When codius is ready to go live with the main net the XRPL will be able to takeover its target market
Anonymous Coward
User ID: 80527424
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05/27/2022 02:14 PM
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Re: The coming utility bull run is not a pump and dump
The derivatives market. Which is measured in the quadrillions





GLP