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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

Supasub

{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.

Supasub

{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.

Supasub

{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.


 

 

25 May 2023 13:31:27
Just for you ed or anyone else interested (you may already know), Hinman documents to be made public by 13th June.
Do we think they will be made public or will there be a settlement between now and then.
Article today with Brad Garlinghouse saying he expects verdict within weeks, I know we've heard it before but this is the end game now.

Supasub

{Ed033's Note - i don't know whether this is correct, but i think there is a rumour that somewhere in the Hinman documents, they'd show that when Ethereum and Bitcoin got a pass from the SEC, originally XRP was going to be part of that pass, but then XRP was removed for no good reason. So if true, the SEC was part of the corruption to hold back XRP from that point in time.

It would therefore make perfect sense if the SEC have been trying to stop that Hinman documents from being released all this time, they'd do a deal with Ripple before June 13th to prevent their release.

But who knows as i suspect the SEC think they're above everything so can get away with anything.


1.) 25 May 2023 14:17:43
I think the same ed (i think it's something to do with Goldman Sachs too, encouraging the case with their proposed Canton network with microsoft which doesn't have anywhere near coverage of Ripple with banks etc) .

Settlement behind closed doors then the SEC can go after pretty much everyone else including meme coins for their original coin offerings.

Bogging them down with potential 3+ years of litigation and massive legal fee's or register with the SEC which can be 2+ years and about $2 million in fees.

With BTC being slow and expensive to facilitate payments (including ETH) it could crown Ripple/XRP king and clear the way for them.

{Ed033's Note - That makes logical sense and then XRP can find its current true market value, which currently may only be [a hard to believe] $1?


2.) 25 May 2023 14:40:38
I really don't know ed for potential market value. I'm hoping $1 is the bottom. I still don't understand why Stellar has a free pass though.

{Ed033's Note - Maybe Stellar is a secret chosen one for the future?


 

 

21 Mar 2023 14:01:55
Ed, what's Revolut like to use, could I pay from Revolut to say my barclays account? Don't think my starling bank works, only other UK banks I believe I can use are RBS and Nationwide with limityations. Unless you've got another suggestion for just taking some money out. XRP looks like it's moving. Big whale just came in.

Supasub

{Ed033's Note - Not sure what your goal is?


1.) 21 Mar 2023 14:57:23
Just to withdraw fiat ed. Say if I wanted to get out £5k-£10k in one transaction to my bank account, a lot more seems to have closed off that I normally use. What do you think is the best way?

{Ed033's Note - Does coinbase still allow you to convert crypto to GBP to your bank account. Are you meaning withdraw GBP from Binance to Revolut to a bank account?

I think Revolut or wise.com (i've only used wise.com with no problems before) are good options to use.


2.) 21 Mar 2023 15:21:15
Yes, that's what i was thinking, coinbase/binance to revolut, then bank account. Just need to set up a revolut account. XRP ed, big whale earlier which I mentioned on the end of my 1st post. Looks like hopefully there is now movement.

{Ed033's Note - Right, XRP could move up significantly ($1 pretty quickly?) as from now.


3.) 21 Mar 2023 16:05:27
Yep, I'm thinking 0.44 then around 0.80 onto $1 hopefully in a matter of days.


4.) 22 Mar 2023 10:57:28
US fed rate announcement around 6pm UK time, generally the whole market has pulled back days leading up to the announcements over the past year/18 months but it's stayed relatively the same this week.
BTC still hovering above $28k.
I think with the rates staying the same or just a 0.25% hike because of the banks apparently now struggling you'll then see another surge beginning this evening. Fingers crossed.

{Ed033's Note - Thanks Supasub


 

 

 

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07 Nov 2023 12:49:32
I'd take last quarter ed anyway :) what we don't see or can't project is what's potentially going on, which isn't necessarily anywhere in the historical charts.
ISDA membership ($1.2 Quadrillion? market), BRICS, ISO/Swift etc, XRP price needs to be a lot higher to help facilitate the transactions value wise.

Only a couple of weeks ago, China did I think their 1st transaction buying 1 million barrels of oil using crypto/cbdc. Bought from the UAE via a Singaporian network (Ripple not long agreed Singaporian membership (SGX? ) with the biggest bank in Singapore. Ripple has partnerships with all the biggest banks in Asia, Europe, South America, Australia, Europe, America, Russia.
Maybe the start of bypassing the US Dollar which is what BRICS is about.

Supasub

{Ed033's Note - Thanks.


 

 

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07 Nov 2023 11:19:34
That would be nice ed, a lot of the "experts" are suggesting the $7 you mention in the 1st quarter of 2024. British Bank iso implementation spring 2024 (although could be pushed back to the summer 2024) according to their roadmap. (I presume April 1st for the start of financial year) . All the indicators suggest a surge upwards from now into next year, especially 1st quarter of 2024. Not a lot happens over the xmas period.

Supasub

{Ed033's Note - i was thinking $7 is last quarter of 2024, but i'll take $7 in April


 

 

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07 Nov 2023 09:03:33
Hope so, also lot's of indicators etc showing a big pump around 15th, 16th, 17th of this month.
I know I've said it before but it may be that XRP is leaving price points behind which it'll never visit again.

Supasub

{Ed033's Note - thanks Supasub, hopefully we can get over $7 XRP sometime next year?


 

 

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04 Oct 2023 14:24:18
It would'nt work for say XRP and Ethereum as the are now PoS (proof of stake) limited supply whereas BTC is still PoW (Proof of work) which is still mined but running out of equations.
I remember reading somewhere that a Quantum computer could create quite a lot more BTC and much quicker.

Supasub

 

 

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04 Oct 2023 14:01:41
In theory I think a Quantum computer could create more Bitcoin? Not entirely sure but that would lower the price if more were created.

Supasub

 

 

 

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