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Is anyone else starting to become a bit excited?

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Comments

  • #2072
    cnocbui
    Registered Users, Registered Users 2 Posts: 21,192 ✭✭✭✭cnocbui


    The Perth Mint is working on a Crypto backed by government guaranteed gold. I'll bet that proves popular.


  • #2073
    JJJJNR
    Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    Reading about libra over the weekend, those partners have pulled back because involvement would mean they are going to be under more scrutiny from the SEC. They are still there, but not in the same capacity. Hopefully by reaching out to libra recently this will bring things with IBM a bit closer to arranging a partnership. Current long trade based on this happening is down 45% where is was up 300%.

    Currently eyeing up another short on XLM seems to be ramping up.


  • #2074
    Dohnjoe
    Registered Users, Registered Users 2 Posts: 19,030 ✭✭✭✭Dohnjoe


    Addison Fancy Macrame wrote: »
    eBay, StrIpe, Visa & PayPal all backed out of the Libra project today. There really is no replacement for Bitcoin it seems.

    Libra was never meant to be a replacement for Bitcoin, it's a stable-coin, very different instrument

    For the moment it appears corporate backed crypto-money is a regulatory nightmare


  • #2075
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Dohnjoe wrote: »
    Libra was never meant to be a replacement for Bitcoin, it's a stable-coin, very different instrument

    For the moment it appears corporate backed crypto-money is a regulatory nightmare

    I know that, but that's the beauty of decentralisation.

    I don't see the CEO of Bitcoin being called before the SEC.


  • #2076
    JJJJNR
    Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    Geopolitical tensions incoming..


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  • #2077
    Dohnjoe
    Registered Users, Registered Users 2 Posts: 19,030 ✭✭✭✭Dohnjoe


    JJJJNR wrote: »
    Geopolitical tensions incoming..

    These aren't shares linked to company/corporation values linked to economic factors potentially influenced and affected by national and international events

    It's a tiny speculative market of magic internet beads which fluctuates based on random herd psychology and whatever exchange has most recently been hacked


  • #2078
    JJJJNR
    Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    Whatever floats yer boat.


  • #2079
    Lex Luthor
    Registered Users, Registered Users 2 Posts: 11,220 ✭✭✭✭Lex Luthor


    The Ripple Swell conference is due to take place in Singapore between 7-8 Nov
    The last 2 swells has seen an approx. 100% rise in XRP value in the run up to the Swell, but then generally has dropped about 40-50% afterwards
    Might be an opportunity for a nice trade


  • #2080
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Lex Luthor wrote: »
    The Ripple Swell conference is due to take place in Singapore between 7-8 Nov
    The last 2 swells has seen an approx. 100% rise in XRP value in the run up to the Swell, but then generally has dropped about 40-50% afterwards
    Might be an opportunity for a nice trade

    Whilst highly possible, I'd rather eat glass.

    Listened to COO of Ripple Mr Brad Garlinghouse on a podcast with Pomp last week. It's up there with BSV in terms of ****coins IMO.

    Unbelievable amount of XRP spam bots on Twitter too.


  • #2081
    Blueshoe
    Banned (with Prison Access) Posts: 3,964 ✭✭✭Blueshoe


    Dohnjoe wrote: »
    These aren't shares linked to company/corporation values linked to economic factors potentially influenced and affected by national and international events

    It's a tiny speculative market of magic internet beads which fluctuates based on random herd psychology and whatever exchange has most recently been hacked

    Pretty much.


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  • #2082
    makeorbrake
    Registered Users, Registered Users 2 Posts: 4,681 ✭✭✭makeorbrake


    Addison Fancy Macrame wrote: »
    Whilst highly possible, I'd rather eat glass.

    Listened to COO of Ripple Mr Brad Garlinghouse on a podcast with Pomp last week. It's up there with BSV in terms of ****coins IMO.

    They can't be trusted. They're just selling off that massive pile of coins they have from time to time. It's plain wrong.
    Addison Fancy Macrame wrote: »
    Unbelievable amount of XRP spam bots on Twitter too.

    The partisanship in CT/Reddit, etc is sickening in general but this XRP spam bot nonsense is horrendous!


  • #2083
    Bob24
    Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    makeorbrake wrote: »
    They can't be trusted. They're just selling off that massive pile of coins they have from time to time. It's plain wrong.

    Looks like they are acknowledging that they have been too far and slowing down with their sales (I guess at the end of the day, if they are going to far it is also hurting them): https://cointelegraph.com/news/ripples-xrp-sales-down-73-in-q3-compared-to-previous-quarter

    But yeah, XRP is a strange one and the huge amount Ripple has retained clearly is a concern.

    It has been unchallenged as the third crypto by market cap for quite a while though, so it undoubtedly has a core and large enough base of believers.


  • #2084
    JJJJNR
    Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    https://cryptoslate.com/nba-star-spencer-dinwiddie-in-talks-with-nba-to-securitize-his-talent-and-launch-sto-on-ethereum/

    NBA star tokenised himself.


  • #2085
    cnocbui
    Registered Users, Registered Users 2 Posts: 21,192 ✭✭✭✭cnocbui


    JJJJNR wrote: »
    https://cryptoslate.com/nba-star-spencer-dinwiddie-in-talks-with-nba-to-securitize-his-talent-and-launch-sto-on-ethereum/

    NBA star tokenised himself.

    Making him just a token of his former self.


  • #2086
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Few million Sats stacked, couldn't wait until the usual Friday treat. Think that's all major gaps closed now.


  • #2087
    JohnnyFlash
    Registered Users, Registered Users 2 Posts: 7,055 ✭✭✭JohnnyFlash


    Addison Fancy Macrame wrote: »
    Few million Sats stacked, couldn't wait until the usual Friday treat. Think that's all major gaps closed now.

    What gaps?


  • #2088
    rapul
    Registered Users, Registered Users 2 Posts: 1,040 ✭✭✭rapul


    JohnnyFlash wrote: »
    What gaps?

    Yer mas?


  • #2089
    Whelo79
    Registered Users, Registered Users 2 Posts: 2,649 ✭✭✭Whelo79


    rapul wrote: »
    Yer mas?

    ZING!


  • #2090
    JohnnyFlash
    Registered Users, Registered Users 2 Posts: 7,055 ✭✭✭JohnnyFlash


    rapul wrote: »
    Yer mas?

    Leave my auld one out of it, Rapul. Besides I doubt a spotty IT nerd with an addiction to crypto gambling is the type of dude she’d go for. Wouldn’t be the type of fella that appeals to the ladies in general I’d imagine.

    Not talking about anyone in particular - more the overall image you’d associate with crypto ‘investors’. Below average intelligence, work in the lower rungs of IT, greasy hair, questionable internet browsing habits, obsessed with stupid American libertarian ideas, losing all their disposable income on their gambling addiction, suckered by the latest pyramid scheme.


  • #2091
    Kickstart1.3
    Banned (with Prison Access) Posts: 186 ✭✭Kickstart1.3


    I think we have to give that one to JohnnyFlash :D


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  • #2092
    rapul
    Registered Users, Registered Users 2 Posts: 1,040 ✭✭✭rapul


    Do you ever change the record Johnny


  • #2093
    Arrival
    Closed Accounts Posts: 779 ✭✭✭Arrival


    JohnnyFlash wrote: »
    Leave my auld one out of it, Rapul. Besides I doubt a spotty IT nerd with an addiction to crypto gambling is the type of dude she’d go for. Wouldn’t be the type of fella that appeals to the ladies in general I’d imagine.

    Not talking about anyone in particular - more the overall image you’d associate with crypto ‘investors’. Below average intelligence, work in the lower rungs of IT, greasy hair, questionable internet browsing habits, obsessed with stupid American libertarian ideas, losing all their disposable income on their gambling addiction, suckered by the latest pyramid scheme.

    All this from the lad who not only pays attention to other lads bowel movements but recounts them in great detail on online forums

    For the unaware


  • #2094
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Arrival wrote: »
    All this from the lad who not only pays attention to other lads bowel movements but recounts them in great detail on online forums

    For the unaware

    Wow


  • #2095
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Good man Xi.

    https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1X419Y


  • #2096
    JohnnyFlash
    Registered Users, Registered Users 2 Posts: 7,055 ✭✭✭JohnnyFlash


    Addison Fancy Macrame wrote: »
    Good man Xi.

    https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1X419Y

    Blockchain, not crypto. You think the Chinese government are going to allow the development of ‘currencies’ that undermine their own? Owning magic beans isn’t what he was talking about.

    It should also be noted that he gave 139 other updates during this latest report. That doesn’t suit the lazy journalism and biased narrative though.

    This was by far the biggest news in crypto land today though:

    https://www.theblockcrypto.com/post/44591/ceo-of-crypto-capital-arrested-in-alleged-money-laundering-operation


  • #2097
    grindle
    Registered Users, Registered Users 2 Posts: 6,026 ✭✭✭grindle


    JohnnyFlash wrote: »
    This was by far the biggest news in crypto land today though:

    https://www.theblockcrypto.com/post/44591/ceo-of-crypto-capital-arrested-in-alleged-money-laundering-operation

    I dunno. Big news to be sure but anything even slightly related to Libra is bigger news - even if it's just some well-educated pontification on the outcome of it.
    https://www.theblockcrypto.com/linked/44628/facebook-led-libra-may-not-be-approved-says-european-think-tank-official

    Some scobe robbing hundreds of millions or enabling the sales of delicious drugs doesn't compare to the US and EU stamping out a company's attempt to become the de facto world bank, trillions of dollars in the difference and that's why they're chasing after Libra so much. It would grant FB so much control so quickly and so easily that it has to be neutered.

    Totally not attempting that tho! - Zuckerborg


  • #2098
    q85dw7osi4lebg
    Closed Accounts Posts: 3,501 ✭✭✭q85dw7osi4lebg


    Dollar cost averaging with a double buy on the dips, yer only man. What a day.


  • #2099
    Bob24
    Registered Users, Registered Users 2 Posts: 10,905 ✭✭✭✭Bob24


    Well now, that’s a serious spike. The line on the 24h chart looks vertical on my watch!


  • #2100
    rapul
    Registered Users, Registered Users 2 Posts: 1,040 ✭✭✭rapul


    Holey moley, nice to see that!


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  • #2101
    JJJJNR
    Closed Accounts Posts: 4,791 ✭✭✭JJJJNR


    :eek::eek::eek::cool:


This discussion has been closed.
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