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re: Official CryptoTalk Thread

Posted on 5/23/20 at 6:44 pm to
Posted by tigermike2004
Member since Dec 2018
553 posts
Posted on 5/23/20 at 6:44 pm to
I'm all Bitcoin and XRP until the end of year or early next year! Then I'll get back to other projects! I think by October the market cap will be around 800 billion!
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 5/23/20 at 10:45 pm to
Don’t buy XRP
Posted by VinegarStrokes
Georgia
Member since Oct 2015
14101 posts
Posted on 5/24/20 at 8:38 am to
quote:

Tell me more about this LINK


No
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 5/24/20 at 2:30 pm to
Sunday dump day
Posted by tigersint
Lafayette
Member since Nov 2012
3569 posts
Posted on 5/25/20 at 1:44 am to
Anyone still like NANO?

I sold all of mine for Chainlink. Boy I i wish I had bought $1K worth of Chainlink instead of NANO at the time that I did. It was $.20 then while NANO has done nothing. I still like the project tho. Is it worth buying back in?
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 5/25/20 at 8:32 am to
I’ve fricked around and diversified with LTC, XRP, Tezos, ONT...wish I had put those thousands into just Link now
Posted by tigermike2004
Member since Dec 2018
553 posts
Posted on 5/25/20 at 11:49 am to
XRP is the future! You will be surprised how fast it explodes!
Posted by DreauxB2015
Member since Nov 2015
7914 posts
Posted on 5/25/20 at 3:02 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82139 posts
Posted on 5/25/20 at 10:33 pm to
Lol the XRP coin itself serves literally no purpose. It isn’t needed to use the platform
Posted by jmcwhrter
Member since Nov 2012
7815 posts
Posted on 5/26/20 at 8:20 am to
quote:

It isn’t needed to use the platform


Isn't that the case for almost all of these projects...?
Posted by DeathValley85
Member since May 2011
19010 posts
Posted on 5/26/20 at 10:09 am to
quote:

Isn't that the case for almost all of these projects...?


Have three categories:

1. Doesn't need a token
2. Needs a token, but is a solution looking for a problem
3. Needs a token and is solving a problem


It's obvious, but in a sea of 1 and 2, it's hard to find 3.
Posted by Huge Richard
Member since Dec 2018
4334 posts
Posted on 5/26/20 at 11:56 am to
Just wait for the next flash crash and buy all you want
Posted by tigermed
Member since Nov 2007
440 posts
Posted on 5/26/20 at 12:23 pm to
quote:

Lol the XRP coin itself serves literally no purpose.


While XRP has its problems (exclusive premine and initial 100% allocation of tokens to founders/Ripple Labs to name a few...), this comment is patently false. XRP as the native token of the XRPL is always the fastest, cheapest, and most efficient token to use on the ledger. It was easier to explain when they used the XRapid/XCurrent naming but now everything is lumped into Ripple’s ODL (On Demand Liquidity) product.

XCurrent was a messaging service similar to current Swift program that banks use for remittances. It was faster than Swift but didn’t have near instantaneous settlements.

XRapid was near instantaneous settlement of cross border remittances from one fiat to another and it 100% uses the token XRP for low cost and high speed. You can’t say other tokens are better for this because inherently POW/POS tokens are slower and more expensive.

Does this mean XRP is a good buy/investment? I don’t know but you can’t just lay a blanket statement of saying XRP has no use because it proves your ignorance.
Posted by Huge Richard
Member since Dec 2018
4334 posts
Posted on 5/26/20 at 2:06 pm to
Most people pretend to hate xrp because it’s associated with banking (evil I know), not that it’s useless (although that’s the argument that’s used).
This post was edited on 5/26/20 at 2:07 pm
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 5/26/20 at 8:19 pm to
False. Sergey and Link are working with swift and other bankers building on top existing systems. XRP is useless and their team dumps the coin weekly to profit off idiot buyers. The XRP token is not needed at all
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 5/26/20 at 9:59 pm to
I'm up nicely on my Hex.
Posted by Huge Richard
Member since Dec 2018
4334 posts
Posted on 5/26/20 at 10:05 pm to
Yea we’ve heard this argument a 1000 times already. Yet somehow the market cap is over 8 billion. But I agree. Most of this shite is useless.
This post was edited on 5/26/20 at 10:06 pm
Posted by tigermed
Member since Nov 2007
440 posts
Posted on 5/27/20 at 5:03 pm to
House Bill 701

Has anyone heard anything about this crypto legislation currently pending for Louisiana? Does this mean we can get BinanceUS if it passes?
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 5/27/20 at 5:49 pm to
I thought we already had BinanceUS
Posted by tigermed
Member since Nov 2007
440 posts
Posted on 5/27/20 at 6:02 pm to
Not Currently Supported in Louisiana

Updated last month. Not available still.
This post was edited on 5/27/20 at 6:03 pm
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