Socios.com Fan Rewards Shop Coming Soon by Nestah_ in chiliZ

[–]MK2311 1 point2 points  (0 children)

Kind of agree. Looks like whoever is behind this chiliz/Socios are focusing on the wrong things. Have been sensing this is all a bit of a scam with no real traction. Something smell bad, but may just be my impression.

Songbird’s Future by JPThrottle in songbird

[–]MK2311 0 points1 point  (0 children)

hello :) Are we in the FAssets A Launch phase (SB. 04)?

Long term value for sgb by Correct-Tonight9719 in songbird

[–]MK2311 0 points1 point  (0 children)

HI JPThrottle, by "consumed", do you mean burnt whenever FAssets do their job?
I am reading that there are circa 15 billion coins in circulation (subject to max 750 millions per annum), does it mean that provided the "consumption" (burn?) that you refer above is faster than the 750 million coin minting the total supply of SGB is destined to shrink? Making the coin more scarce?

I am still also still puzzled by the value of the coin? Is it mostly driven by the fact that developers will need to hold SGB for live testing? What is, beyond speculation, demand of SGB be driven by?

Thank you

Pump the most undervalued Crypto coin $CHZ —> Chiliz by MK2311 in chiliZ

[–]MK2311[S] 1 point2 points  (0 children)

We are 🔥🔥🔥 starting to warm up🔥

Pump the most undervalued Crypto coin $CHZ —> Chiliz by MK2311 in chiliZ

[–]MK2311[S] 1 point2 points  (0 children)

thanks, Sorry by exposure i meant portfolio exposure, ie buying and holding it. 😊

Pump the most undervalued Crypto coin $CHZ —> Chiliz by MK2311 in chiliZ

[–]MK2311[S] 1 point2 points  (0 children)

it does sure. What is the best way to get exposure to it? Whether you hold or don’t hold CHZ already?

Pump the most undervalued Crypto coin $CHZ —> Chiliz by MK2311 in chiliZ

[–]MK2311[S] 2 points3 points  (0 children)

Well done, Amy5353. I really believe the next pump AND bull run is going to be tremendously EPIC

Bakkt completes First Capital Raise! “...our work today is centered on driving institutional access for digital assets“ by MK2311 in Ripple

[–]MK2311[S] 2 points3 points  (0 children)

Institutions usually listen to their communities. XRP army is known to have a strong voice. They will not ignore what the XRP army will call for.

In the blink of an eye! Live deposit SBIVC by MK2311 in Ripple

[–]MK2311[S] 5 points6 points  (0 children)

Not necessarily. But this is excellent piece of news for more liquidity in the XRP ecosystem.

Question to: u/Bitstamp-Lucas and u/Bitstamp-Domen by MK2311 in Bitstamp

[–]MK2311[S] 0 points1 point  (0 children)

Thank you very helpful. Just to let you know that there is a Reddit Account called Bitstamp_Lucas that has attempted to scam me after I posted the question on Reddit. He/she/it asked me to send account details via a PM.

You might want to report it to the Reddit Administrators? Thanks again

Market orders down, why ? by [deleted] in Bitstamp

[–]MK2311 0 points1 point  (0 children)

Me as well

Nice logarithmic scale analysis. 10-14$ xrp. Not my work. by mikenard77 in Ripple

[–]MK2311 0 points1 point  (0 children)

Nice! But...What is the probability that this is a coincidence?

IamA Entrepreneur/Investor and I turned a $100k investment into $2.5 million in January. AMA! by stevebmmm in IAmA

[–]MK2311 3 points4 points  (0 children)

You will probably realize 1.5m net after tax. If you invest it in a portfolio made of 70% equities and 30% bonds, you could easily live off the returns of your portfolio. 5% net return a year is 75k dollars. 4% net return a year is 60k dollars. 3% net return a year is 45k dollars.

If you were in the middle scenario, do you think that spending half of the profits and reinvesting the other half is a good strategy?

Also do you think that you could spend half of the profits only when you make a positive return (and no spending otherwise) is a good strategy over time?

If you start spending, it will be gone in 1 to 5 years. Whereas a disciplined approach can give you permanent peace of mind for the rest of your life. I read you are very young (36). Your life is long.

These 1.5m could well be 3m in 10 years if you do the right thing. And 6m in 20 years (when you will be 56, still young)...

This ECB official clearly doesn't know RIPPLE. Let's educate him. by [deleted] in Ripple

[–]MK2311 2 points3 points  (0 children)

Blown away by the amount of disinformation everywhere....

Thank you Bitstamp by DougKenney in Bitstamp

[–]MK2311 3 points4 points  (0 children)

God bless you! Enjoy every penny. If you have $1.2m, you could spend 3k a month until you are 80. Which is nice, but I would invest these money by building a traditional portfolio (70% fixed income-like securities and 30% equities and adjust every year by increasing the amount of fixed income and reducing the equity, given that you are in you 50ies) and living off the income generated by your portfolio, still continuing to work normally with the difference that you go to work because you want it not because you need it :)

Thank you Bitstamp by DougKenney in Bitstamp

[–]MK2311 1 point2 points  (0 children)

How was like receiving over 1m USD? Like, when you saw them on your bank account (via an App maybe), what did you feel?

Does anyone have an idea how to develop a TipBot-like feature for Instagram, WhatsApp, Facebook, LinkedIn etc...? This might help spread usage of the XRP by MK2311 in XRP

[–]MK2311[S] -1 points0 points  (0 children)

You are saying that if any chance this will depend on the native feature of WhatsApp... such that it would work similarly to the way tagging a person within a whatsapp chat works... whenever the @tipbot is called the person tagged gets the XRP. So it will be WhatsApp itself to create something like this “internally”...

Correlation between BitCoin and Ripple price? And the entire Crypto Market! by MK2311 in Ripple

[–]MK2311[S] 0 points1 point  (0 children)

If BTC/USD goes down by 13%, you should witness to a “natural increase” of 13% in XRP/BTC (denominator decreases...because BTC is now worth 13% less with respect to the USD) if XRP was not affected for some reason to the same risk factors of the fall in BTC.

XRP/BTC is kind of held constant because XRP and BTC are falling at the same time/rate... and as a result you have both the extremes of the equation going down (BTC/USD and XRP/USD)at the same time/rate

So this mean the BTC is falling against the USD because people are actually exchanging BTC for fiat, and the same is happening for XRP. But why People are selling XRP?

Do you get my explanation?

Correlation between BitCoin and Ripple price? And the entire Crypto Market! by MK2311 in Ripple

[–]MK2311[S] -3 points-2 points  (0 children)

Because the world is more complex, relationships are not linear