Binance Adds A New Coin, Litecoin Flexa, StellarX Wallet, $500 Million Ripple Xpring & ERC-20 Tether

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Comment (32)

  1. I agree,, when Charlie Lee kept stating his coin was silver to BTC that downgraded the image. We all know what he meant. You do not spend gold being BTC, yet you can spend silver LTC. However, this still made any upside weaker.

  2. That's the power of social media and having a cute mascot as the face of the coin. Don't get mad, buy some. Bigger things are coming for Dogecoin.

  3. why do you not sound as happy today ?, ive also been thinking that charlie sold his ltc and as you said doesnt fight as much for it as he should, because he wants to distance himself from it, so it can grow. like satoshi almost but as best he can do.

  4. Let’s get serious about XRP.

    More XRP are held by Ripple than there are currently in circulation: 55 billion vs. 45 billion. 1 billion XRP will be released by Ripple once every 55 months, with all unused XRP returning to the escrow account at the end of each month. That means with XRP at a price of let’s say 10 USD somebody has to buy XRP for 10 billion USD each month. Who could this possibly be? The balance sheet of the federal reserve is about 4 trillion USD. Ripple the company would be worth more than 13 % of the federal reserve. XRP standing at about 70 USD would mean Ripple would be worth more than the federal reserve. That would be an inconceivable power for a private company.

    So I’m guessing that Ripple has to give away the most part of its escrow to IMF, BIS, Fed, ECB, UNO or Israel (you name it) or destroy the most of it.

    The release of 1 billion XRP per month means an inflation rate of more than 2% per month or about 25% per year. That’s even more than that of the USD.
    There is no information about to whom Ripple sells this 1 billion XRP and at which price, there’s a lack of transparency.

    A significant price increase of XRP (in relation to BTC) is not to be expected before the escrow is empty, let’s say in about 5 years. Until then XRP is likely to underperform BTC. Sudden spikes in price like that end of 2017 (induced by not well informed speculators) should be used to switch to BTC.

    Then you have to explain to me why David Schwartz allegedly sold all of his XRP in April 2019. He is the chief developer of XRP. This is the same as with Charlie Lee who sold all of his LTC at market top, just before the crypto crash of 2018.

    I also would like to know why countries like China, Russia, Iran or Venezuela should use a crypto currency of a company located in the US. The jurisdiction of the US is not considered to be predictable and just anymore.

    If XRP is becoming a success and a danger for central banks then why should Ripple the company not just introduce another clone of XRP, let’s say 100 bln of GCU (global currency unit) and distribute it to central banks? XRP could be thrown out of the net and replaced by GCU in seconds and become totally worthless.

    Don’t get me wrong: I’m fully aware of the ILP advantages. Ripple is trying to replace SWIFT, which transacts about 6 trillion USD – each day. But that does not mean that XRP has to increase beyond reason. We as an owner of XRP are not participating in the success as Ripple the company. You may try to buy some Ripple stocks OTC – if you are a millionaire already. Remain reasonable and don’t forget the supply side of the price equation.

  5. The FSA, Financial Services Authority(sic) is there to protect the banking system, there is a huge mortgage and business scandal concerning Lloyds and other banks in the UK where they were basically bankrupting people/companies for their assets, closing mortgages and stealing people's properties and business's, like what happened in the states a few years back, the FCA are protecting these criminal low lifes. Cryptos must have them on the back foot. Love your vids, thanks for all your hard work, greatly appreciated, cheers.

  6. Yeah, I bought 450,000 Dogecoin at the time there wasn't any place to store them but on an exchange, I had all my Dogecoin on Cryptsy, as well as a bunch of other Alt-shitt coins, feathercoin, mintcoin, Elephantcoin, Fedoriahats, Colossuscoin, Infinitycoin, yep all went under…. Cryptsy eventually closed down and took all my coins. Folk's never keep your coins on exchanges, in a blink of an eye, they might be gone forever!

  7. Why do all xrparmy talk all at the same time about old xpring news ? Won't affect xrp price , Ripple will benefit from this.

  8. One day our grandchildren will ask us what the world was like before people just bought and sold stuff with Dogecoin all the time. There was other kinds of Dogecoin before, in the olden days?


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