What?? Holy cow. I didn't read that far into it either. Being the co-founder of similar cryptocurrencies is certainly interesting. Is it nefarious, though? I would think not because there is a precedent for someone being a part of more than one company (Elon Musk). However, Elon's companies are trading per regulations.
I've been following XRP for a long time (on and off)...if you read my post about Xrp you can see that I mention McCaleb as a co-founder of Xrp and founder of XLM. McCaleb also sold almost all of his Xrp after he got them and moved all his focus into XLM!
I think Ripple will keep low values during this SEC lawsuit. I also believe people will switch over to Stellar, at least for the time being. If Stellar services are superior, then Ripple will continue to bleed customers.
Ripple tried to settle the lawsuit with the SEC, but their initial attempts failed. The SEC seems to be successful in its litigation against cryptocurrencies like Block.One. Aside from that, I was surprised that Ripple wasn't actually a decentralized blockchain. There appear to be many conflicting interests in this company.
I think that is a smart move considering their prices. I’m a newbie at this so obviously I sold everything just as the initial drop started. I think that while they don’t fit the metric of a blockchain they were performing a legitimate function. I regretted my sale of it once I thought things through.
If I can get more in the short term I will at its current prices hopefully.
One train went another just came. :)
I would suggest looking at the Polkadot ecosystem many good projects are coming.
Still whit reasonable price and possible big profits.
Great article!
The impact of Xrp in Xlm might also be that on of Xrps co-founder is also a co-founder of Xlm!
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What?? Holy cow. I didn't read that far into it either. Being the co-founder of similar cryptocurrencies is certainly interesting. Is it nefarious, though? I would think not because there is a precedent for someone being a part of more than one company (Elon Musk). However, Elon's companies are trading per regulations.
Posted Using LeoFinance Beta
I've been following XRP for a long time (on and off)...if you read my post about Xrp you can see that I mention McCaleb as a co-founder of Xrp and founder of XLM. McCaleb also sold almost all of his Xrp after he got them and moved all his focus into XLM!
Posted Using LeoFinance Beta
Ugh. Some people. No wonder the SEC is watching them.
There is happening so much I can’t keep up than such a blog as you write come along and I am all in again. Thanks for this meet you in the stellar
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Do you think Ripple will sustain back and the users of Ripple will shift to stellar ?
I think Ripple will keep low values during this SEC lawsuit. I also believe people will switch over to Stellar, at least for the time being. If Stellar services are superior, then Ripple will continue to bleed customers.
Ripple tried to settle the lawsuit with the SEC, but their initial attempts failed. The SEC seems to be successful in its litigation against cryptocurrencies like Block.One. Aside from that, I was surprised that Ripple wasn't actually a decentralized blockchain. There appear to be many conflicting interests in this company.
I'm still holding some XLM.
I think that is a smart move considering their prices. I’m a newbie at this so obviously I sold everything just as the initial drop started. I think that while they don’t fit the metric of a blockchain they were performing a legitimate function. I regretted my sale of it once I thought things through.
If I can get more in the short term I will at its current prices hopefully.
One train went another just came. :)
I would suggest looking at the Polkadot ecosystem many good projects are coming.
Still whit reasonable price and possible big profits.
Thanks for the info. I’m looking at them as of last night. It’s an exciting prospect. So many opportunities out there.
Yes indeed & good call.
I bought it when it was $6 ;)
Have you heard about the new VR game, where you buy and sell virtual land?
No. What’s it called? I’ve heard of games like that before, but I wasn’t in a position to check them out at the time.
I made a post about it 3 days ago, you explained in details, you should check it out..
https://ecency.com/hive-123457/@cryptaurus8/story-about-how-and-why-e70e334dd323e
Lol I shorted so much stellar for Steem back in the day, fuuuuuuuck me.
Yeah, I can imagine a ton of people feeling the same way. What are your thoughts on Bitcoin Black?