RIP Bitcoin

**Bogon** · 04-05-2019, 02:24 PM

Thanks all.

Think I'm gonna keep my beer tokens in my pocket for the time being.

**Dragonfly** · 04-05-2019, 03:34 PM

Originally Posted by baldrick

I don't like XRP as it is not actually needed for ripplenet which is the underlying tech which is being used by some financial institutions to enable transfer of money

also a very large proportion of XRP is held by a few which to me is a red flags

I also have a friend who is heavily into XRP , but he does not unerstand how it works

one of our members here is into it , but I believe he bought at 0.02

do research and understand there is a large XRP shill team , but post any questions here

**baldrick** · 04-05-2019, 04:13 PM

fluffer - your insights are trash - I think I will ask that your tripe is banned from this thread - I will report your post as spam because you add no value to this thread

your knowledge of cryptocurrencies is pityfull and amounts to what you don't understand it sh1t - go back to sucking the cocks of your boiler room bosses

Originally Posted by Bogon

Think I'm gonna keep my beer tokens in my pocket for the time being

if you want to throw a few hundred dollars at something then open an account with bx.in.th and transfer some baht there and then buy some crypto - it can be worth the effort to understand how to handle , transfer and pay for things with crypto

my advice would be to steer clear of any ERC20 tokens , because if they have not launched their own blockchain by now then they are full of sh1t

**Dragonfly** · 04-05-2019, 04:54 PM

Originally Posted by baldrick

fluffer - your insights are trash - I think I will ask that your tripe is banned from this thread - I will report your post as spam because you add no value to this thread

your knowledge of cryptocurrencies is pityfull and amounts to what you don't understand it sh1t - go back to sucking the cocks of your boiler room bosses

post reported for insulting members

**Dragonfly** · 04-05-2019, 04:57 PM

Originally Posted by baldrick

fluffer - your insights are trash - I think I will ask that your tripe is banned from this thread - I will report your post as spam because you add no value to this thread

your knowledge of cryptocurrencies is pityfull and amounts to what you don't understand it sh1t - go back to sucking the cocks of your boiler room bosses

if you want to throw a few hundred dollars at something then open an account with bx.in.th and transfer some baht there and then buy some crypto - it can be worth the effort to understand how to handle , transfer and pay for things with crypto

my advice would be to steer clear of any ERC20 tokens , because if they have not launched their own blockchain by now then they are full of sh1t

why do you sound like a frigging teenage girl commenting on the superpower of the characters in a DC/Marvel story

commenting like you do on a pipe dream story is hardly being being knowledgeable on that topic or being an expert on it

**Luigi** · 04-05-2019, 05:02 PM

Selling date December 2024.

Gonna be interesting to see where they are in 5 years time.

Missed this 100k to 200k turn around. Damn easy 100k.

Current price 180k.

**jabir** · 08-05-2019, 09:12 AM

Binance hacked for 7k bitcoin, and if they can do that every other exchange is vulnerable; keep your stuff safe and offline, they'll be after wallets soon if not already.

**Luigi** · 08-05-2019, 12:33 PM

Originally Posted by jabir

Binance hacked for 7k bitcoin

Won't make much difference. I can't sign in to mine.

Didn't log in for 6 months or so, and always get:

"It appears that you may be signing into Binance from a device we are unfamiliar with or one that you have not used for a long period of time. For your security, a confirmation email has been sent to your email address."

With no email arriving.

**baldrick** · 08-05-2019, 12:39 PM

are you sure that is the correct address ? you normally get a binance email every time you log in

**Luigi** · 08-05-2019, 12:58 PM

I am.

Put in another one to see what would happen.

"Incorrect email or password" comes up.

**jabir** · 08-05-2019, 01:03 PM

Checked the spam or 'other' box?

Account zeroed?

**baldrick** · 08-05-2019, 01:07 PM

you could email their suport - though they might be a bit busy right now

**jabir** · 08-05-2019, 01:59 PM

I imagine they are, with each wondering which of the others found and sold the security flaw.

Didn't realise I still had around 1.5 bnb which was being panic sold but now looks more stable; anyway I got the princely sum of around $32 in btc for them, but can't withdraw as it's been suspended.

KC still have about $13 of my money which I told them to keep, though they keep inviting me back despite unsubscribing at least 4x; was worth that just to clear their existence from my system, was almost impossible to withdraw anyway so try and avoid that exchange, bloody Chinks!

**jabir** · 08-05-2019, 02:02 PM

update: binance exchanges still trading though all deposits/withdrawals are suspended not just btc.

**PlanK** · 08-05-2019, 02:08 PM

Originally Posted by baldrick

I don't like XRP as it is not actually needed for ripplenet which is the underlying tech which is being used by some financial institutions to enable transfer of money

also a very large proportion of XRP is held by a few which to me is a red flags

I also have a friend who is heavily into XRP , but he does not unerstand how it works

one of our members here is into it , but I believe he bought at 0.02

do research and understand there is a large XRP shill team , but post any questions here

1. XRP is not needed by the underlying tech.

Absolutely true, the beauty of the system is FIs can use what works cheapest for them. In a heavy corridor like $US - Euro they would prolly use native currencies, with ILP they could use BTC/LTC/XRP/DCR/AK-47 magazines(if someone staked them). Any currency/crypto they wanted. Why would they use XRP? It's the cheapest, fastest, most useful digital asset. Why aren't they using it? Basically: regulation.

This twitter exchange with the CTO/chief cryptographer highlights that: https://twitter.com/JoelKatz/status/1124580959150575618

2. A large proportion of XRP is held by the company. It's locked up in escrow released monthly so it is mathematically impossible for them to dump it all at once. Same cannot be said about other crypto like BTC.

3. There is a large XRP shill team. One of the big things that put me off BTC initially was the die-hard BiTChtards who thought all online discussions could be won by shouting louder & longer than their opponents (ref TD for examples) The shill team is a result of the 2017 pump when fanboys flocked around the best performing cryptos and decided to slag off any perceived competition. They can be easily ignored.

What would be the benefits of XRP being legalised for use?
1. Correspondent banking would die. Currently only 3 big name banks do all the cross-border transactions. With XRP any community building society could do it.
2. Faster money means faster business. Put in your international order wait 3-4 days for it to clear, the goods/parts you required will be sent vs wait a couple of minutes (possibly seconds) and your settlement is done and products shipped.
3. Cheaper cross borders transactions opens up the 3rd world to do business. Example an enterprising individual in Shithole, African continent wanted to market their homestay on AirBnB for $US2 a day they would have to pay a several $US fee to the webhost, converting their payment into local currency through multiple currencies would cost several $US and then to keep their money safe in a local bank would cost several $US dollars. Add in the risk of keeping your money in a local currency that could devalue overnight. The total transaction for the buyer is $30 what the seller ends up with is $2. All the middlemen can be removed and a payment can be made to a crypto wallet on the seller's phone. The cost for the seller would be fractions of a cent for transaction fees. The cost for the buyer would be $2 a day. Both sides win and the big banks lose. (Look at what Mojaloop is working on, and what M-Pesa is doing in Africa)

This is what makes DLT promising.
Some cryptos do it better than others.

We wait upon regulation. The IMF is showing interest. Banks & FIs are showing interest. The bigger banks like JPM are making their own crypto but they are still stuck behind their walled gardens. XRP through ILP is what will break all the walls at speed for fractions of a cent. Maybe something will come along that is better? That is the nature of technology. 20 years ago you could have been sizing up an investment in pets.com or google.com, both unknowns, both risky plays.

Consider that.

**PlanK** · 08-05-2019, 02:10 PM

Plus the BTC and variants + Satoshi lawsuit silliness continues...

https://coingeek.com/wp-content/uplo...ponse-Pack.pdf

**jabir** · 08-05-2019, 02:23 PM

btc transaction hash views:

https://live.blockcypher.com/btc/tx/...3c5a554ab05ea/

https://www.blockchain.com/btc/tx/e8...23c5a554ab05ea

**Dragonfly** · 08-05-2019, 02:45 PM

Originally Posted by jabir

Binance hacked for 7k bitcoin, and if they can do that every other exchange is vulnerable; keep your stuff safe and offline, they'll be after wallets soon if not already.

the signature of amateurs, putting money with third party that are not regulated and offer no guarantee of any kind

and you fookers thought the existing financial world was bad, this is 1000 times worse and you still fell for it

a gangster paradise for petty British criminals, week-end traders, and plumbers

**YourDaddy** · 08-05-2019, 02:55 PM

Originally Posted by Luigi

Selling date December 2024.

Gonna be interesting to see where they are in 5 years time.

Missed this 100k to 200k turn around. Damn easy 100k.

Current price 180k.

Are you up or down overall?

**Luigi** · 08-05-2019, 03:31 PM

Originally Posted by YourDaddy

Are you up or down overall?

Definitely up.

1000's of %.

**baldrick** · 08-05-2019, 04:00 PM

Originally Posted by Luigi

%.

can't find it on openmarket cap - is it a new token ?

**Luigi** · 08-05-2019, 04:15 PM

It is, and man is it your lucky day. I have been given 200,000 to pass on to trusted investors at a fraction of their true value. PM immediately to take advantage of this fantastic, life changing opportunity. Pay off your mortgage today!

**PlanK** · 08-05-2019, 04:22 PM

% is the coin that measures how much late 2017/early 2018 investors lost.

Luigi has that market cornered. Many, maanaam, many coins to sell.

Pay off his mortgage today!*

*disclaimer: his mortgage is for Tezza's balcony. All funds will go to Tezza.

**baldrick** · 08-05-2019, 04:25 PM

tweery's balcony is lulu's safu house

**jabir** · 08-05-2019, 04:34 PM

Probably a good idea for Binance users to change their 2FA and API keys; meanwhile the word's out and % rising rapidly, get on this good thing!

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