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To Ed033's last 5 rumours posts
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Ed033's rumours posts with other poster's replies to Ed033's rumours posts
07 Sep 2023 12:52:36
Hi Supasub,
Where do you think BCH fits into the new financial system?
1.) 07 Sep 2023 13:46:49
I'm not entirely sure as I wouldn't call myself an expert but BCH (set at 21 million like BTC) costs something like less than 1 pence to send in a transaction but can still take anything like 20-30 minutes +, the cost of the transaction makes it attractive against BTC but it's still slow but I'm guessing it has it's place, I won't be getting any though.
BTC we know is expensive and slow. Can take up to around 40 minutes +, can cost around $50-$60+ to do a transaction (cheaper to just still do a BACS payment today so doesn't make sense) .
Neither have the utility to be dominant but retail and celebs still like BTC.
I'm guessing the Ripplehub is Ripples way of facilitating best price for banks/financial institutions of getting the best transaction price and speed for BTC, ETH, LTC and BCH in an instant.
I suspect more can be added. XRP isn't there but it will be once the case has ended. XRP will be like water/liquid gold that runs through everything.
XLM will be like silver but I think more for person to person payments and so on for some of the others listed ISO20022 approved and Quantum network linked coins/tokens.
XRP's cost and speed and it's groundwork in the last 6 years or so makes it imo the Daddy however much TPTB seem to be trying to push ETH which still has very high cost issues.
And yes, forgot to mention that Ed is absolutely bang on the money. XRP steps/spikes and pulls back then goes again. This last year or so it's spiking every 2 months so we are near the beginning of the next spike. You can skim so much off the top like Ed says and either withdraw your trade keeping a substantial bag or just hold in a stable $1 dollar token as the price goes down and buy back even if you need to wait days, weeks or a couple of months.
You will never be able to sell at the true top and buy at the true bottom though without some luck or a Bot.
Or like I do if your able to just Hold/Hodl. I've tried trading and I nearly always mess it up as I get fomo and get a little too emotional.
{Ed033's Note - Thanks supasub.
Would that make holding some ETH a hedge bet for you regarding crypto?
2.) 07 Sep 2023 15:39:16
There is plenty I would hold ed lol. I had about 5 ETH that I traded in for QNT a few months ago at about $2k each. I then traded in my QNT for XRP.
I'm probably around 75% XRP, 5% XDC and 20% other stuff. I will only go into ETH and BTC again when XRP goes parabolic.
I like the idea of holding ETH but it is expensive to do anything with.
ETH has gone from POW to POS some time ago which means it can't be mined anymore.
What happens if the SEC change their tune and take it through the whole security status route? To do it now would be much worse timing than when they did it to Ripple as there seems to be more and more attention on ETH's "free pass" from Hinman and the SEC with congress also looking more into it. ETH price would tank overnight.
Vitalik is a shrewd character though, served an internship at Ripple and I think tried to be part of Ripple, he doesn't look human to me lol.
What we need to watch out for is if Vitalik manages to get rid of the very high gas fees, an ETH stablecoin and awareness of ETH integration with a large amount of financial institutions/banks globally as there only seems to be rumours in America.
There is nothing I can see by ETH or anyone else for that matter that even comes close to XRP/Ripple. XLM/Stellar and XDC are the only other ones making good partnerships but on a smaller level but then I can't see what I can't see.
3.) 07 Sep 2023 15:46:10
Oh add HBAR / Hedera Hashgraph. Keep a close eye on this too as they seem to have a clear path with some very big backers.
{Ed033's Note - Ok, thanks a lot Supasub.
4.) 07 Sep 2023 17:53:47
Don't know if I've posted this before, but just so people here know what I'm talking about. Link to the list for the Quantum Financial System on Coinmarketcap. A few of which are ISO20022 approved, including some mentioned in these threads.
Top QFS cryptos
{Ed033's Note - Thanks Supasub.
01 Aug 2023 13:49:08
Hi Supasub,
Do you still think that Starling bank are good to bank with?
1.) 01 Aug 2023 14:50:55
They have clamped down on direct payments in and out involving exchanges since around Feb this year (I expect them to change it back at some point like the others do) .
I had no problem going via my Revolut account last night (using Revolut for 1st time yesterday to transfer) to starling and back the other way.
Starling is simple to use and if it were'nt for them applying the brakes on what I do then there would be no need to go via Revolut.
Used the easy transfer link between them and it arrived in literally seconds. I struggled with the Revolut P2P function on Binance (Binance have temporarily made it near impossible to convert to EUR or GBP from what I could see yesterday) but worked it out a lot easier via Coinbase. Coinbase to Revolut to Starling was zero fees too and very quick.
Probably more in depth answer than you needed but had to manage it for the 1st time in a couple of months yesterday.
I expect Starling and a few of the rest of the banks will make it easier again soon because of what's coming.
{Ed033's Note - Thanks Supasub
10 Apr 2023 21:35:02
Supasub, I seriously don't know after what Klever have done recently, why the price of KLV is so low?
1.) 12 Apr 2023 12:11:57
I don't know ed. There is a lot going on with it at the moment including I think a re-branding of the exchange. Cold storage wallet is now more easily available and I think a lot more upgrades and things going on over these next few months. I'm not on tw***er so I don't see some of the things going on straight away.
It seems like it's on the right track from it's low a few months ago of just 0.0024
It just seems very slow going, I'm still down a lot on it as I've not sold any but I'm still hopeful that we are at the beginning of a much larger climb now, I will be getting more in the next few weeks whilst imo these prices are a still low.
Seems like it's got resistance at 0.007 this last week after some trading which I think was suspended for a few days on the exchange.
Personally I think it should be nearer 0.3 / 0.4 today but the introduction of pretty much the remaining coins put into circulation a few months back hasn't helped leaving a big slack imo going from about 3 billion to nearly 10 billion (with little to no warning) but at least they are all out there now.
They need more marketing now and hopefully at least another 1 big exchange listing soon. If it's any consolation ed, I've not sold any (and I still won't be unless I see anything scary downwards) and I'm nearly at 2 million holding at an average buying price of around 0.035!
People I know are still very optimistic about it and I haven't forgotten about my commitment of $1 by end of 2024? Here's hoping to some sharp upward movements soon.
A recent link attached for anyone else who might be visiting the page at the moment as it is a bit quiet here.
Klever Wallet K5 and Klever Swap 2.0
{Ed033's Note - Thanks Supasub.
29 Jul 2022 19:38:17
Supasub, Klever gave a generous amount of KFI tokens with the migration don't you think? I suppose all we can do with them at the moment is keep them because you can't seem to trade them anywhere?
1.) 30 Jul 2022 09:12:45
Oh, i spoke too soon, there is now a 95% drop in the price of KFI according to coinmarketcap.
2.) 30 Jul 2022 22:32:23
The current KFI is going (I think I put it in the KLever staking thread further down). It's being replaced by the new KFI of 1:10 I think? You'll be able to trade them for KLV if you want like the last/current KFI. Current KFI is $140 ish when I last looked so I guess new ones will be approx $14 or so each.
3.) 30 Jul 2022 22:34:35
Apart from the value of KLV going down which is really starting to annoy me but I need to learn myself to be more patient. I'm sure it'll start rising soon and I think the majority of the sell off happened at the end of staking looking at the chart.
4.) 30 Jul 2022 23:02:23
From 30th March, KFI was approx about $240 at the time:
My numbers for KFI are wrong ed. There are 1 million currently and during the staking process or before, KFI will have a renumeration to 21 million? I'm guessing that'll make them worth more like $10-$20 each. No where near as good as I thought but KLV will obviously remain the same. I don't hold any KFI as I didn't participate in the burn but if anyone did I think they get 20 new KFI = 1 old KFI or something like that.
Still I'm in it for KLV, KFI is an added bonus for me.
{Ed033's Note - Ok thanks. By adding KFI [Kda] as an asset in the latest update of the Klever wallet, i got to see my mainnet KFI.
24 Jun 2022 17:37:29
Hi Supasub,
i just come across a post of yours from 2015, where you implied that your shop employees became lunatics around a full moon. :)
1.) 25 Jun 2022 09:21:15
Lol, I don't remember it ed but yes that sounds about right. I've been visiting the site since about 2002? Maybe 2001? I'm not sure.
It was literally one page I think just called "football rumours"?
Yes I have many stories from days that I had my own businesses. At 1 point I had 3 Subway stores after having a KFC franchise and a pizza delivery business. Most weekends we'd open late and around full moon customers and employees would change lol, It could just get quite hostile quite quickly. I you ask most security/door staff at clubs etc I bet they would say the same thing.
I'm not a scientist but I guess if the moon does affect tides then it can effect us chemically as we are mostly liquid anyway? I think you would be more informed than me on any theory as to why that is. I definitely feel noticeably different around full moon. Maybe more alert/sensitive? Probably something for a different page ed lol.
{Ed033's Note - Thanks for the response. I looked for a Hinman ruling update, but i couldn't find anything as yet.
2.) 25 Jun 2022 09:49:24
Ripple is up 0.37cents
3.) 25 Jun 2022 10:07:33
Yeah I keep checking Ripple news. I guess it won't be until next week as nothing will be decided over the weekend.
As long as the SEC are then forced to hand them over (which I think will be something like the 5th and final request) then they still won't want to hand them over and be forced to settle.
Too much in those documents/memo's about other cryptos/exchanges, favouring Ethereum/BTC etc as SEC employees previous and currently work for Etherum/BTC focused investment companies, conflict of interest.
If the SEC manage to still hide behind their cloak then we carry on until the turn of the year I expect staying stagnant.
{Ed033's Note - Thanks for the update, Supasub.
11 Mar 2023 13:01:04
i forgot to put that SVB Bank holds several billion dollars backing USDC.
30 Jul 2022 09:12:45
Oh, i spoke too soon, there is now a 95% drop in the price of KFI according to coinmarketcap.
16 Jun 2022 09:58:20
Thanks Supasub
17 Feb 2022 18:55:07
Supasub, i hoped you meant the Crypto market was going to go up today.
21 Dec 2021 13:50:16
Binance Will Support the Sologenic (SOLO) Airdrop Program for XRP Holders [Snapshot on 24 Dec 2021]