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Supasub's rumours posts with other poster's replies to Supasub's rumours posts
21 Jul 2024 19:54:54
On the subject of Ripple/XRP Ed have you ever heard of Ryan Fugger? Ripple is a rabbit hole that I've looked into for years now.
Was bitcoin introduced to get people used to crypto but XRP the chosen one?
David Schwartz at Ripple has admitted to possibly being one of the 1st code writers of Bitcoin. Maybe even Satoshi himself? (If Satoshi isn't killed off already?)
Let me know what you think.
https://bitcoinist.com/fiction-truth-ripple-founded-long-line-of-bankers/
{Ed033's Note - Never heard of Ryan Fugger before. Thanks for the article url.
i would have thought that if the CBDCs were going to be run on XRP, than XRP would have already 'Mooned'?
1.) 21
Jul 2024 21:34:50
You would have thought so ed. But the "flip of the switch" has been mentioned a few times in recent years including by I think Brad Garlinghouse? Hard to know what's going on behind the scenes.
{Ed033's Note - They have to move the financial system to a completely new type of system [blockchain is what has been chosen]. It's already here and being used, but they haven't told the general public yet. The question is whether XRP is a tiny part of that system or a major part of that system?
06 Jun 2024 16:01:20
Just to add for Marco, Linked is the XRP liquidity cheat sheet from a few months ago for XRP showing what the price needs to be for the xrp ledger and goes up to 20 Trillion.
From Feb 2024 Archax exchange CEO Graham Rodford says that by 2025, there will be up to $30-$50 trillion in trading volume on XRPL
The World Bank's acknowledgment of Ripple's native crypto as a stablecoin signifies its increasing acceptance and utility in the global financial landscape. This recognition validates Ripple's efforts to position XRP as a dependable bridge currency for cross-border payments and settlements.
We know Ripple is bringing out their own stablecoin linked to 1 US Dollar so maybe XRP will be set by price twice daily like gold to facilitate cross border payments?
If these numbers are even remotely accurate then it'll be like nothing we've ever seen before and an opportunity you cannot miss! Elections in the US and here may slow things slightly and the outcomes as Trump and Rishi are very Pro crypto.
{Ed033's Note - Thanks Supasub.
1.) 21 Jun 2024 11:46:05
Thanks for all that info supasub it's greatly appreciated
08 Sep 2023 14:11:33
In response to Marco's question further down about potential short term price for XRP.
Just a quick article link which was 1 of many that was around 1st week of August.
Wells Fargo Bank Treasury Manager says what XRP could reach in 4-7 months time, $100-$500. That would tie in with everything going on in the background regarding Swift and banks cbdc rollout etc.
Wells Fargo is a Ripple partner which uses swift so they have some insight as opposed to a yo*tuber. Not saying this will happen but.
XRP article
{Ed033's Note - Thanks Supasub, in 7 months, i would suspect a few dollars for XRP at best.
1.) 08 Sep 2023 14:33:37
Lol probably ed, but even double digits would be very nice.
Bitcoin halving which is around the 1st week of April 2024 will propel things hopefully between now and then too.
{Ed033's Note - I'm surprised you didn't offer to bet me £500 in XRP that XRP would hit $10 within 7 months' time :)
2.) 08 Sep 2023 17:05:27
Lol, no, I'm not a betting man and my offer to you was unique and never done for anyone else. I need XRP to take off to pay you the more than likely £500 end of 2024 :)
3.) 08 Sep 2023 17:11:09
What would be funny is if Ed32 was suddenly sitting on $20K - $100k in XRP. That would be newsworthy.
{Ed033's Note - That would be amazing
4.) 09 Sep 2023 17:16:45
Incredibly kind of you to put that thought in to the Realm. Thanks, Supasub. Know you are appreciated by someone you have never met.
31 Jul 2023 10:48:43
Ed, what happens if someone tokenises the stock market, real estate/property, including Gold/silver, precious metals etc? The stock market alone is worth something like $89 trillion.
I'm guessing facilitating payments of stock purchases using say XRP or another. BTC and ETH would be far too slow and/or expensive.
Food for thought but if it were to happen we'd be retired and on the other hand potential 1 world global currency.
{Ed033's Note - i think they plan to tokenise most everything. What else can they use at the moment that we know about other than XRP or XLM?
1.) 31 Jul 2023 13:46:24
Exactly ed. Makes you wonder. Someone at Wells Fargo today or yesterday has said they expect XRP to be between $100-$500 within 7 months!
Forbes last week pulled an article quickly where someone showed how XRP could hit $59k!
I don't see how else these prices are anywhere near realistic.
2.) 31 Jul 2023 14:08:35
Also it makes the timing of the SEC case against Ripple even more suspect. The coinbase and binance cases were brought in the last few months, XRP and nothing else nearly 3 years ago?
If they wanted to inflict most damage on XRP/Ripple then they would have brought the case in the last few months and not when they did.
{Ed033's Note - Right, makes sense. Next year should be good. :)
25 Jul 2023 15:36:40
Don't know why this hasn't been bigger news but very brief but interesting announcement Ref: Swift, R3 and XRP. I only came across this today but it was around 6 days ago just after the decision in the Ripple - SEC case. I believe R3 also uses XDC.
Swift R3 article
The link is Swift- R3, R3 which uses Corda - Corda which uses XRP. I'm guessing this is some sort of ISO20022 implementation which has been pushed back more than once to July 2023 (coincidently, same month as we get the Ripple vs SEC decision). It's only a matter of time to see the rise in XRP.
{Ed033's Note - Thanks Supasub.
1.) 27 Jul 2023 15:12:31
Do you Ed or Supasub think the result in the lawsuit so far was a draw in that both sides got what they wanted.
The result in the crap court case would that be seen as a draw as both parties got what they wanted and will the case still goto trial?
{Ed033's Note - No, i think the SEC wanted and outright win. I think Ripple were more than satisfied so far with this case.
The SEC will decide whether to appeal the present decision.
2.) 27 Jul 2023 22:48:01
Is this case still going to trial ed or is it over apart from the appeal process.
{Ed033's Note - This case is still ongoing because the Judge hasn't decided on Ripple's early 'institutional' sales. It's likely that this decision will go the SEC's way.
The SEC might appeal this case to a higher court to get the previous decision overturned [The 'XRP is not a security' decision].
3.) 28 Jul 2023 20:18:43
A draw? No, imo about 80% in Ripples favour. Without going into too much detail and not knowing what SEC will do next. Its a partial judgement but Torres has stated that XRP is not a security if sold indirectly like on an exchange etc going forward.
The only XRP sales deemed a security would have been pre-2017/2018 sold directly to Ripple's investors. What happens to those? Could they be burned? I hope so but I doubt it. How much will Ripple have to pay for those sales as a penalty on $780 million+ of sales? When XRP is added to the Ripplehub along with BTC, ETH etc how could they be treated differently if BTC is not a security? Is Ripplehub directly selling tokens or is it a secondary market?
We still have a window for settlement but it'll definately be in Ripples favour. Leaving SEC to go after others.
The problem for the SEC if they appeal and lose (which could take years and they probably will lose on appeal as they normally do), it'll set this all as stone in law and they don't want that. They want it to be as messy as possible for everyone so they have a level of control in the crypto banking sector for what's coming.
I expect some sort of settlement but who knows as this could have all been orchestrated from a few years ago as the timing of all this working out as it is seems fishy to me (but then I question everything) . Either way XRP is here to stay and might well be and imo it could be no.1 of crypto going forward underlaying and working with everything going forward including whatever Elon has planned for x.com/twitter. There is a link to Ripple with almost any Bank/financial institution if you search/dig deep enough in the last few years.
{Ed033's Note - Thanks for the informative post.
4.) 29 Jul 2023 13:49:42
Just to add, we don't know what's happening with Gensler. He may not be in office in a year or 2 let alone a few years. Someone might come in under different orders. The person who brought the SEC vs Ripple case did so on their very last day in office and went to their ETH leaning company leaving other people to carry the baton.
Who knows what these puppets are instructed to do next by their masters.
{Ed033's Note - Thanks Supasub.
08 Mar 2025 18:45:37
Just to add, Real world asset tokenisation is growth area in crypto for the future.
Ripple is using a British company Axelar (AXL) to help with tokenisation.
OM (Mantra) has been good for me in recent months.
ONDO is being used by Blackrock for tokenisation (Worlds biggest ownership company/shareholders? ) Go to be one to consider.
Other notable RWA tokens to consider off the top of my head, Pendle, Goldfinch and Realio.
Other American company tokens/coins other than those mentioned above which may be important going forward.
Chainlink, Stellar/XLM and Polkadot.
If I were looking into getting involved today just trying to go of any trustworthy suggestions then I'd have at least half of my holdings in XRP, a good 10% at least of HBAR and a few of the rest.
XRP has been by far the most suppressed crypto of the last 4-5 years giving lots of potential growth. Then you can exit/liquidate bit by bit as the price increases but maybe never completely selling all unless you have to.
{Ed033's Note - Thanks Supasub.
08 Mar 2025 18:00:01
Like ed said its going to be volatile. Hard to know what trump is trying to do as it would appear he's trying to crash some markets/economies of some countries.
Bitcoin imo has had its day. Yes it could hit much higher numbers in months/years to come but as far as I'm aware it's now to open to manipulation.
I think Blackrock are potentially one of the biggest holders then if you add Vanguard and potentially State Street you have 3 of the biggest shadowy companies who can pump/dump the price individually or or together, how decentralised would it really be?
Yes BTC is a great store of value like having literally Gold Bars but how easy is it to use in shops, buy a house or make necessary purchases with solid gold bars?
{Ed033's Note - Thanks Supasub.
08 Mar 2025 17:31:41
Yes. What Ed said. Nothing has really come to fruition for XRP yet apart from Trump getting voted in.
Still to come just this year alone. The resolution/dropping of the SEC vs Ripple case. Probably by end of May as I think it'll run it's course so that Ripple/XRP is the only crypto with real legal clarity.
ISO20022 messaging was due to start in America 10th March! But has now been pushed back to 14th July (is this to accommodate for the legal outcome of the SEC/Ripple case? I suspect so) . Apparently, Bank of America is already using/trialling XRP for all internal transactions.
All banks globally to go to ISO20022 messaging (including SWIFT) by or ready for Nov 2025.
Japan is rumoured to already be using XRP for up to or around 80% of its banking system since January?
Most of the world's major banks and institutions including SWIFT have trialled XRP over the years.
Bitcoin can be sent across the XRP ledger also. XRP is created to be interoperable with pretty much every major currency, crypto or fiat on the creation of RLUSD. XRP has to be held in order to use RippleUSD.
Note Tether is getting pulled from some exchanges later this month and got refused MICA approval in Europe.
In short XRP has a long way to rise which could happen very quickly. $2.50ish will be peanuts given what it could reach in the next 12-36 months.
XRP is Quantum proof (whatever that means) but it's relevant as didn't Google just create the 1st quantum chip a couple of months ago? Google who have heavily backed HBAR. The WEF have said both HBAR and XRP are "important".
Elon has plans for "X" platform. Rumour is that he wants a crypto wallet on X accounts to enable peer 2 peer payments. Why change the name of twitter to "X" and buy x.com domain? Could be a link up with payments for XRP or XLM or XDC etc or all 3? XRP=Wholesale large transactions, XLM = Retail/p2p and XDC smart contract capability reportedly already being used by US Federal reserve.
Just some relevant info to help make decisions for mid to long term. It would be foolish imo not to attribute a good percentage of any holdings to XRP as imo it is to become the actual real Bitcoin and everything Bitcoin cannot facilitate as its too slow and expensive to move around to become thee global reserve digital currency.
{Ed033's Note - Thanks Supasub.
04 Jan 2025 17:17:39
Np. I'm no expert Ski Sunday I'm not a trader. I've tried most things in the crypto space and made a lot of mistakes along the way which involves losing money.
As I said there is now 2.4+ million cryptos!
When I properly started there was about 500 or so only about 7 years ago.
Most of them 95% at least will dissappear within the next few years including most meme coins leaving the real utility tokens and coins.
It needs more proper regulation which I hope is coming.
04 Jan 2025 10:15:57
Hi Ski Sunday, of the 2.4+ million no cryptos, I don't understand why you are so passionate about this ecosystem without having a bit more scepticism.
What utility does it have?
I literally spent 5 minutes looking into your suggestions in your post just to have a look myself. I'm not going to spend time further looking into what you've added myself or try and disprove anything.
Your correct on Solana, I don't have any myself and that's one of the reasons why.
If I'm looking to swap/buy more I can look at your suggestions emotionally or not emotionally and it appears shady at best.
You seem to know more about it than you give yourself credit for and good luck with your investment, but IMO there is a lot more out there with more credibility, utility and trust with some very prominent developers.
Richard Heart for me has too much similarity to others before him, Roger Malcolm and all the rest.
{Ed033's Note - Thanks Supasub.