I want to say XRP was connected to the government in someway but I can't remember off the top of my head. Like that was going to be their CBDC or something.
HBARMY HQ - Everything About HBAR Here - Q&A Articles Information - Open to Everyone to Post
- Thread starter MortgageHorn
- Start date
The XRP hype has been around for years now, the hope is always that it would become the backing for the derivatives market
Personally I wouldn’t waste my time with XRP, and if you want to invest in crypto, just buy BTC
Just my 2 cents
Yeah, that was my recollection too, and trading of it was halted by the SEC. The person who was talking to me about it wasn't super informed, and seemed to indicate that XRP was backed by gold and silver, like a traditional currency, but I don't believe that to be true. Not sure if it was ever cleared by the SEC.
My thoughts too, but was just wondering if something had changed in the past year or so, as I haven't been watching the crypto markets as closely.
XRP is still locked up in court with the SEC who is trying (and failing) to paint it as a security.
Ripple will either win the case on merit, or the SEC will drop the case. Either way you will see an XRP boost following the conclusion of the lawsuit.
I think XRP will be a transaction network if not a direct CBDC. I also think Stellar (XLM) will be as well. (low gas fees)
I am not a CBDC fan, but think they are inevitable. Have been stacking functional blockchain tech during this dip. One of my horses has to show.
Good info, thanks. Just to confirm though,
1. XRP is currently not able to be purchased
2. XRP is not backed by gold/silver/etc.
You can purchase it, just not on a central exchange. I buy on either Kucoin, or Exodus.
No, not backed by gold/silver etc. When a CBDC is selected by a country/countries they may try to peg the coin to a commodity, but that hasn't happened yet. Or, they could peg to BTC.(or a combination of both)
Russia floated this concept a bit when they originally said you could purchase energy from them with Rubles, or BTC. I wouldn't be surprised if the BRIX countries are the first to launch a CBDC.
So you can buy XRP on Exodus? Interesting. I'll have to check it out. Sounds like you're pretty plugged in overall. If you had to pick a handful of cryptos that you would recommend, what would they be? Or nothing at the moment?
Well, I misspoke. Exodus will hold XRP in wallet, but you cannot buy on Exodus.
My XRP purchases all were made on Kucoin.
It's all speculation on my end. I have been trying to predict what to purchase by seeing what infrastructure is being put in place by different countries and companies. Ripple has made significant infrastructure investments and partnerships around the globe. I also like Algorand and Quant for their utility as well.
Paying attention to who in the Crypto world is at Davos this year. The WEF has already picked their horse by now. It's just not out in the open yet.
The average Joe in the future will not understand that these networks control their transactions. It will all happen behind the scenes of a purchase. The big winner will be the network that replaces SWIFT.
Yeah I jumped in a few weeks back and have been throwing $100 here and there
Hedera is screaming right now. They're actually cranking out hundreds of transactions per second. This might be one of the only cryptocurrency platforms that's doing real-world business, as the Atma.io use case went live last week.
Sometime early tomorrow, the Hedera Mainnet will process its 3 billionth transaction. You can click on the link below to check in on it at live.
Sometime early tomorrow, the Hedera Mainnet will process its 3 billionth transaction. You can click on the link below to check in on it at live.
Gonna check it out, thanks.
Fingers crossed, but IDK. I bought some more back around 0.05, but I was in for more in the .15-.30 range, so still way behind.
To piggyback, is able to be transferred to ledger live now?
It looks like it might be.
Ledger Supported Coins & Tokens | Ledger
Secure your crypto assets such as Bitcoin, Ethereum, XRP, Monero and more. Give yourself peace of mind by knowing that your cryptocurrencies are safe.
www.ledger.com
Search HBAR, before it used to say only MyHbarWallet.
idk if already answered but get it out of bittrex asap. if have mine on my ledger wallet and exodus wallet
trying sending it to another wallet, you need to get it out of binance, youve probably already done so tho
Was it easy for you to get out of Bittrex and into ledger?
Any recommendations other than Exodus?
very simple, but you need to get it out of these centralized exchanges, you seen what binance did. and coinbase these are unfriendly exchanges. we all had to use cb when we first started but they want all our info now kyc
there are other exchanges where one can be anonymous
on wallets? i have ledger nano also. i like exodus because it also doubles as an exchange, there are numerous coins on there one can exchange for btc/eth
Do you have to use hash pack wallet with ledger for hbar?
does anybody know anything about casper cspr. my buddy swears its superior to hbar and will eventually surpass ethereum one day, its currently .05 cents
i am not astute on this technology, ive purchased coins to hopefully strike it big and buy my lamborghini so i was wondering if anyone can opine on this coin
ill try to post the casper vid, having some trouble with email
i am not astute on this technology, ive purchased coins to hopefully strike it big and buy my lamborghini so i was wondering if anyone can opine on this coin
ill try to post the casper vid, having some trouble with email
You can also keep it on Coinbase now
Thanks!
Maybe not best option but I moved it over to coinbase. It was very simple and I just wanted to get it moved out ASAP. From your other posts, will try to look into exodus, now that there is no rush to move it around.
I have a friend that is high on it also. Apparently is affiliated with IBM in some fashion. It looks like they are setting up infrastructure for China and other Asian markets.
I bought 10k coins when it was ~ .03 last fall.
Personally, I wouldn't stay on Coinbase too long. They have had many security issues in the past. Very much a hot wallet.
I am happy with my Trezor cold wallet and Exodus warm. The interface between Exodus and Trezor is very user friendly.
whats always been ingrained in me by my crypto mentor is you dont use or keep coins in centralized exchanges
its heavy in kyc and its basically a big ole spot light on you and what you do
unless you dont care but i personally want to be anonymous/invisible
thats precisely why crypto was invented, to circumvent the all seeing eye of the gov/elites
heres that casper video, 41 mins but worth it. it sounds good but hell i really dont know, i dont think its a pump and dump like doge, safemoon and such
tell me what chall think
@MortgageHorn put down the latinas for 41 mins and watch the video
tell me what chall think
@MortgageHorn put down the latinas for 41 mins and watch the video
HumasButthole
Poster
Heyoooooo bishes… Just logged for the first time in a while thanks to @Mr.Fitzwell on the homo board
Scrolling thru the board and low and behold there’s a Hedera thread. Wouldn’t ya know. My second biggest holding
Great minds think alike it would seem
Scrolling thru the board and low and behold there’s a Hedera thread. Wouldn’t ya know. My second biggest holding
Great minds think alike it would seem
HumasButthole
Poster
No it’s a legitimate project with a huge following. And the tech is supposedly top notch, but idk anything about it
HumasButthole
Poster
Anybody else holding a bag of SAUCE? Looking at the tokenomics and considering that it’s essentially Uniswap on Hedera, I could see it being a stupid big mover in the next bullrun
Total supply of SAUCE is 590M, circulating supply unknown… current price is $0.018
For comparison, the total supply of Uniswap is 1B with a 570M circ supply. Uniswap’s current price is $5.34 with an ATH of $45
If Hedera does what I think it will eventually do and rival Ethereum as the dominant L1, this could mean massive returns on SAUCE
Lotta “ifs” though, and I’m wondering about the circulating supply
Total supply of SAUCE is 590M, circulating supply unknown… current price is $0.018
For comparison, the total supply of Uniswap is 1B with a 570M circ supply. Uniswap’s current price is $5.34 with an ATH of $45
If Hedera does what I think it will eventually do and rival Ethereum as the dominant L1, this could mean massive returns on SAUCE
Lotta “ifs” though, and I’m wondering about the circulating supply
HumasButthole
Poster
Everyone who’s in the Hedera ecosystem needs to go grab their free NFT on HashPack. It’s only available until 5/01 so get in while you can
If you don’t have a HashPack wallet it’s available in the Playstore/App Store and also as a Google extension. When you open the wallet, click on “Store” and you will see the icon to mint it. You will need some HBAR obviously for fees but we’re talking cents
There is also a gold NFT that’s available as well that is 500 HBAR + fees, which is roughly $30 USD
Just a heads up if anyone is interested
If you don’t have a HashPack wallet it’s available in the Playstore/App Store and also as a Google extension. When you open the wallet, click on “Store” and you will see the icon to mint it. You will need some HBAR obviously for fees but we’re talking cents
There is also a gold NFT that’s available as well that is 500 HBAR + fees, which is roughly $30 USD
Just a heads up if anyone is interested
