@onechancefreedm This is the XRP explanation I have been trying to build myself for when I discuss it with people. Now I can just send them the link to this post. :)
Thanks for taking the time to post as much as you do. Learning lots from you.
@ChartingGuy Backing up @ChartingGuy here. He has been consistently correct and posts daily if not hourly. All you have to do read ALL his posts. Cherry picking posts or skimming info from him or any other market chartist will only lead to confusion.
@GeoMetric_9 I agree to that. What we are seeing now is the front running of US gov policy in regards to stables. Whenever the bull run is over, STABLE.C.D should increase hard and heavy as the transition to the new system begins.
@panosmek@offledger I agree with @offledger here. This is just a technical protocol update happening that is required for the new system. Ripple's products and competing products will obviously use this messaging protocol. Big $$ come when government policy makes it move to the new system. Soon.
@ChartingGuy I'd say that is the best market related post I have ever seen. It is a great reminder to myself on the mindset required to stay the course. Steady lads.
@MrManXRP@Blinky369 While Trump says there will never be a CDBC, which would be issued and controlled by a Central bank (Federal Reserve) he did not say anything about commercial stable coins like RLUSD or USDC. Those are still programmable and controllable. Money supply is being privatized.
@mattpheus Great read and is a good summation of what I have tried to explain to "deaf ears". No one will believe it until it is normalized and by then it's too late. Thx for putting that thought together.
@fabian_sinani This is really cool and is showing the path for the new financial system and how programmability can replace what current banks do poorly and charge for.
@anongamer85@uptownsaul I think when he said 5 Trilly, he was referring to market cap for all of crypto, BTC included.
I personally think it will be at least 10T this cycle and if XRP gets back the dominance it had in 2017 of 30% that sure would be something amazing.
Even 10% would be awesome.
@AlessioMasci98@XRPwallets because $100B is just a cost of business for them at this point. Like @XRPWallets said, they have been getting it on sale for years now.
I think Ripple will become a widely known company like Apple, Microsoft, Amazon, Tesla. Multri Trillion dollar type company.
@C0smpol1tan@BobLoukas having BTC on an exchange or holding shares of an ETF is having paper Bitcoin (or any other crypto). Best to learn how to self custody these assets yourself with a crypto wallet.
@C0smpol1tan@BobLoukas Paper refers to an IOU on an asset that someone else holds for you. For example, if you have a certificate that says company XYZ holds 10 oz of gold for you, that is paper gold. You are better off holding the actual gold if company XYZ is not being honest. Same applies to Bitcoin
@XRPwallets@MeltdownMarket Whenever I worry itโs not close I simply come back to your tweets to feel reassured. ๐ gotta be close and itโs aligning with what most TA nerds read from the charts.
@MeltdownMarket@XRPwallets I agree with this. The analysis you are doing is very enlightening and more valuable than any riddles or press releases. Much appreciated!!!
@0xCww @Vet_X0@sirtydurden In regards to taxes make sure you are clear on the "capital gains" taxes in your jurisdiction. That applies when you sell for profit or loss OR if you dispose of the asset ie. give it to someone else.
@0xCww @Vet_X0@sirtydurden I move assets all the time. Exchange to cold wallet, cold wallet to cold wallet, cold wallet to exchange.
Assets should only be on an exchange if you are planning to sell. Assets should be split between multiple cold wallets as well.