Now that Bitcoin held $10,000, I think the coast is now clear for further expeditions into the degenerate world of crypto currencies. I’ve placed another $5k into them this morning, with the full intent of turning that $5k into $5 million. Some might argue, ‘hey fucked face, you were just maligning bitcoin. How dare you buy cryptos now and imply that you’ve been an ardent fan.’
To those people I slowly roll down the back window of my 1980s style stretch limo — and toss out a pack of lit jumping jacks — and then speed off.
Aside from stocks powering forward, oil is impressive. Within stocks, mega cap tech is the single best place to be positioned. I will have you know, that is exactly where Exodus Quant is positioned and I am doing very well there too — fuck you very much.
On the trading front, I have two stocks popping off: CNET and SECO. Both are leisurely higher, but not high enough to sell.
How many of you bought Ripple?
On the crypto front, I am buying STORJ and INS.
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Fred Sanford and I both bought Ripple
Regards
Chuck Bennett
Larry The Cable Guy and I both bought Boone’s Farm.
Jumping jacks?! You sure you didnt grow up in Brooklyn in the 70’s??? Haha sounds like it. Im too pansy for cryptos but your SMI recommendation has been paying off along with a Phil Murphy “first 100 days” fueled venture into KSHB. Greetings from AP!
ripple is a scam and will be worth zero
only value of ripple is in the gullibility of btc and eth hodlers trading for it
ripple to zero asap
I’m in Ripple … I highly doubt so many banks including BofAML would be on the steering committee is if was a scam going to zero.
Fly how are you getting $5k into an exchange? You had to Wire money in. Are you one of those ETH traders trading that for something else?
You seriously dropping $5k on STORJ and INS? Why am I asking you if you are serious.
my understanding is the ripple is an invite only currency as well.
the banks are in on ripple —- 100% correct
the banks sell infinite ripple to acquire unique btc and eth
it’s a scam through which the banks and all ripple SELLERS acquire btc and etc essentially for free
it’s a great scam that is currently working
I agree infinitely!
a proof right there – just look at them all eight “leaders” smiling there like they just ate a cat:
https://tinyurl.com/y7zyn9mn
You mean as compared to the INS team?
https://ins.world/#founding_team
yup, that’s a team right there for y’all…3/4 of russians; but at least the GS, Rothschild and UBS guys are doing their best with their poker look to look like they did not eat a cat…
Coinbase has me at a $7500 limit.
I’m stuck at a $2000 via ACH. Never tried a wire. That might be the solution to going at a higher limit and faster fiat into the account. ACH while free is super slow and limiting.
$5k? Pffft….my kids find that under the couch cushions after I nap
I guess what I didn’t like about STORJ is they don’t even accept Crytpo in their own token yet. So you have to use ShapeShift or Binance to purchase these things but really they want your credit card (fiat)
At least SC uses their own tokens and the wallet is built-into the software you download like a Dropbox.
Decentralized, encrypted storage is awesome! I’d just hate for one of them to fail and you potentially lose data? I know with SC if you don’t keep that wallet updated and don’t logon periodically, they flat out delete your data from the nodes and hope you have a backup!
The Ripple protocol will not replace a crypto currency like bitcoin (which has problems of it’s own – transaction speed and efficiency) for a simple reason: it relies on trusted verifiers, just like today’s financial system.
Basically, a ripple Server creates a Unique Node List (UNL). Once x% of the servers on the UNL verifies a transaction, that transaction then closes. However, each server has no limitations on who is on thier UNL. So banks could leave only other banks on their UNLs.
Also, (unless I missed something, which I may have), a Bad Actor Server (BAS) may employ other BAS in their UNL. These servers may then puposely validate a fraudalent transaction, defrauding a Client. So basically we are back to the same problem as today: you need to explicitly trust a 3rd party verifier (today that is usually a bank or credit card corporation) for any transaction.
In other words, if you are a corporation or governement with your own Server and UNL list, ripple may work very well for you. However, it doesn’t seem to make any sense when you talk about a consumer-level transaction. Now, internet markets with samll vendors (such as EBay, Amazon, etsy, etc.) will have their own servers if rippel took off. This means that samll parties will still ahve a way to conduct trusted transactions using ripple. The difference is that the trusted verifer would be Amazon, EBay, etc, and not necessarily a bank, as it is today.
In the long run, I envision that the “big-winner cryptocurrency would use a huge network of small, anonymous, randomly-picked computers (such as smartphones) to verify transactions instead of a small number of high-powered computers, in the same way that 100 bad guesser
can make estimtes (such as the number of beans in a jar) just as accurately as a small number of experts.
I’d welcome any input form anybody else on this,.
beware of banksters – embrace, enhance, extinguish
Fly is openly buying Crypto? The top is in. It’s over.
XRP is garbage.
EOS is the future.
EOS is another clever scheme.
https://tinyurl.com/ycbvpro5