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Showing 20 of 75 results by PentagonPinnacle
I'm never touching XRP, this is such an over valued token waiting to pop and dump hard.
The speculation is based on the burn rate for doing transactions, yet most investors fail to realise that even if all banks used it , I would take THOUSANDS of years to burn a significant % of the supply. Plus less than 40% of the total supply is circulating ... This is a recipe for disaster and will leave many burning
The speculation is based on the burn rate for doing transactions, yet most investors fail to realise that even if all banks used it , I would take THOUSANDS of years to burn a significant % of the supply. Plus less than 40% of the total supply is circulating ... This is a recipe for disaster and will leave many burning
You obviously have no idea about amount of transactions done DAILY in banks across the globe
Yes , I do, you obviously don't know the burn rate and supply amount of XRP
You obviously don't know about supply amount of XRP and what is behind, weak at math, no vision etc and etc
Every day ask myself what I doing with this 90% of retards and laggards that can not educate themselves
Anyway it looks like Brad is very bullish now on XRP and mentions it in every Twitter post:
https://twitter.com/bgarlinghouse
Price goes is nowadays 0.25USD which is more than happy and still drop in ocean.
And my favorite:
This is a solid post Thank you !!! Garlinghouse is on fire!!!
Swiss Crypto Fintech Lykke & Visa to offer Credit Card
This is huge!!! if you don't know yet Lykke is for real & its here and collaborating with Visa no less! Considering the solid foundation behind Lykke this can only mean Lykke will be one of the first Crypto's ever to collaborate with a massive player like Visa.
This will impact the whole sector Lykke is shaping up to be a powerhouse of a crypto trading and expending market:
Global credit card giant VISA is pushing hard to dominate the blockchain platform. Lykke, a Swiss blockchain-based fintech company, recently launched a VISA-based prepaid card called Lykke Card.
Learn how to buy Bitcoin and Ethereum safely with our simple guide!
Just like any other VISA card, Lykke cardholders will be able to make transactions with any of the 44 million merchants registered with VISA. The card will also allow the conversion of wallet funds to local currency. If needed, Lykke cardholders will also be able to convert the cryptocurrencies into cash by visiting an ATM.
Richard Olsen, founder, and CEO of Lykke said: This means exactly what it implies Anyone with a Lykke Card can conduct their day-to-day business in LKK, bitcoin, ethereum and other cryptocurrencies, in addition to the fiat currencies that are tradeable on our platform.
Lykke Cards product manager, Igor Rumiantsev, commented: Its already easy to request a bank transfer from our wallet app. But the Lykke Card takes this concept one crucial step further. We arent just investors in a global market. We also go shopping and pay our bills. Getting immediate access to our funds, no matter what form they might take, keeps us connected to our micro world, too.
In the last week of October, another cryptocurrency payment platform, Monaco, launched a VISA-based pre-paid card in Singapore.
With the integration of traditional payment gateways like VISA, the blockchain payment systems are compromising on the anonymity of customers unlike cryptocurrencies, payment networks and financial institutions are required to follow know-your-customer rules to prevent money laundering and funding for criminal activity.
VISA has also dived into the blockchain pool by scheduling the launch of the pilot phase of its blockchain technology based B2B payment transfer platform by mid-2018. For that project, VISA also partnered with many major banks around the world.
Earlier this month, Lykke also announced that with the latest update, Lykke Wallet would support the ERC20 token standard.
This will impact the whole sector Lykke is shaping up to be a powerhouse of a crypto trading and expending market:
Global credit card giant VISA is pushing hard to dominate the blockchain platform. Lykke, a Swiss blockchain-based fintech company, recently launched a VISA-based prepaid card called Lykke Card.
Learn how to buy Bitcoin and Ethereum safely with our simple guide!
Just like any other VISA card, Lykke cardholders will be able to make transactions with any of the 44 million merchants registered with VISA. The card will also allow the conversion of wallet funds to local currency. If needed, Lykke cardholders will also be able to convert the cryptocurrencies into cash by visiting an ATM.
Richard Olsen, founder, and CEO of Lykke said: This means exactly what it implies Anyone with a Lykke Card can conduct their day-to-day business in LKK, bitcoin, ethereum and other cryptocurrencies, in addition to the fiat currencies that are tradeable on our platform.
Lykke Cards product manager, Igor Rumiantsev, commented: Its already easy to request a bank transfer from our wallet app. But the Lykke Card takes this concept one crucial step further. We arent just investors in a global market. We also go shopping and pay our bills. Getting immediate access to our funds, no matter what form they might take, keeps us connected to our micro world, too.
In the last week of October, another cryptocurrency payment platform, Monaco, launched a VISA-based pre-paid card in Singapore.
With the integration of traditional payment gateways like VISA, the blockchain payment systems are compromising on the anonymity of customers unlike cryptocurrencies, payment networks and financial institutions are required to follow know-your-customer rules to prevent money laundering and funding for criminal activity.
VISA has also dived into the blockchain pool by scheduling the launch of the pilot phase of its blockchain technology based B2B payment transfer platform by mid-2018. For that project, VISA also partnered with many major banks around the world.
Earlier this month, Lykke also announced that with the latest update, Lykke Wallet would support the ERC20 token standard.
Re: [ANN] Lykke - Semi-decentralized Exchange on the Blockchain
I have big problem with Lykke wallets , now i have 2 wallets with the same email ,password and pin and different back ups . Addresses are different as well .
Maybe contact Lykke support and stop whining on board
Re: [ANN] Lykke - Semi-decentralized Exchange on the Blockchain
I haven't had any problems with my wallet. I think Lykke is on the right track I can't wait for xrp integration.
I'm really confident in my investment in this project & I can't wait to see what this team comes up with in the next year.
I'm really confident in my investment in this project & I can't wait to see what this team comes up with in the next year.
Re: Media Article "Experts" trying to get cheap bitcoin
Something of note he mentions in the video, is the company that brings an applied application of the blockchain to the masses that is where billions will be made.
I definitely do not think indiastack will be the world wide solution.
I'm betting on Ripple here.
I definitely do not think indiastack will be the world wide solution.
I'm betting on Ripple here.
I'm not convinced this guy understands what is actually happening and why bitcoin price is being driven upwards.
His mania theory sounds more like someone who missed out on opportunity rather than someone who made off with a huge pile of bitcoin cash And it appears he is promoting something called the "indiastack" .
Oh well will see if this bubble theory which is being sounded by all those who didn't buy early holds up in the future.
https://www.forbes.com/sites/oliviergarret/2017/06/12/raoul-pal-bitcoin-is-mania-and-not-a-store-of-value-i-sold-out-last-week/#7cd09dba65ad
The price of Bitcoin has risen by 210% since March to over $2,900 and one of the worlds most successful investment strategists is warning investors to stay away.
Speaking at the Mauldin Economics Strategic Investment Conference, Raoul Palauthor and publisher of The Global Macro Investor, an elite macroeconomic and investment research servicesaid Bitcoins explosion upward is mania.
Bitcoin Is a Bubble
The explosion [in the price of Bitcoin] is mania. Its people looking for a rate of return. Its in the bubble phase. [Bitcoin] goes through this periodically it rises several hundred percent, and then collapses.
In December 2013, Bitcoin ran up to over $900 and subsequently collapsed to below $250 it would take three years for the price to again reach those highs.
Source: Coin Desk
Source: Coin Desk
Source: Coin Desk
Exponential Moves Always Blow Up
Pal, speaking in an exclusive interview with Mauldin Economics, made ten-times his money on Bitcoin and thinks now is a good time to get out.
This is the most exponential move we have seen. I dont know how far it goes, but I sold out last week and Ive [owned Bitcoin] since it was $200. Anything that moves exponentially, always [blows up].
However, Bitcoins meteoric rise isnt the only reason The Global Macro Investor exited his position.
Only 21 Million Bitcoins? Not necessarily.
Bitcoin was supposed to be a store of value, you couldnt mess with the formula and now they are talking about a hard fork changing it?
A feature that has attracted many investors to Bitcoin is its built-in scarcity. Its widely thought that only 21-million Bitcoins can ever be mined into existence.
However, senior developers and miners are now contemplating a hard fork which would split Bitcoin in-two and allow for the creation of more Bitcoins.
Even if they dont change the formula, the fact that they could? Thats enough to say its not a long-term store of value.
Pal says a recent development in India also changed his views on the crypto-currency.
Could India Stack Replace Bitcoin?
India introduced a frictionless payment system, [something] that everyone in Bitcoin was working on this was [Bitcoins] great project and India went and did it for 1.1 billion people, fifty-times faster than Bitcoin and its rolled out and working now.
Pal is talking about India Stack, which will soon process more transactions than Bitcoin ever has.
India Stack allows users to open a bank account, mobile phone account, or share medical records at any hospital or clinic in India with your fingerprints or by retina scan.
In the March edition of The Global Macro Investor, Pal said of India Stack:
This revolutionary digital infrastructure will soon be able to process billions more transactions than Bitcoin ever has. It may well be a Bitcoin killer or at best, provide the framework for how blockchain technology could be applied in the real world.
What About Blockchain and the Future of Finance?
For Raoul Pals thoughts on the technology behind Bitcoin, the financial system, cashless societies, and more, watch the full interview below.
Download a FREE Bundle of Exclusive Content from the Sold-Out 2017 Strategic Investment Conference
Get access to exclusive interviews with John Mauldin, Neil Howe and Pippa Malmgren from SIC, an ebook from renowned geopolitical expert George Friedman and bonus SIC 2017 content
His mania theory sounds more like someone who missed out on opportunity rather than someone who made off with a huge pile of bitcoin cash And it appears he is promoting something called the "indiastack" .
Oh well will see if this bubble theory which is being sounded by all those who didn't buy early holds up in the future.
https://www.forbes.com/sites/oliviergarret/2017/06/12/raoul-pal-bitcoin-is-mania-and-not-a-store-of-value-i-sold-out-last-week/#7cd09dba65ad
The price of Bitcoin has risen by 210% since March to over $2,900 and one of the worlds most successful investment strategists is warning investors to stay away.
Speaking at the Mauldin Economics Strategic Investment Conference, Raoul Palauthor and publisher of The Global Macro Investor, an elite macroeconomic and investment research servicesaid Bitcoins explosion upward is mania.
Bitcoin Is a Bubble
The explosion [in the price of Bitcoin] is mania. Its people looking for a rate of return. Its in the bubble phase. [Bitcoin] goes through this periodically it rises several hundred percent, and then collapses.
In December 2013, Bitcoin ran up to over $900 and subsequently collapsed to below $250 it would take three years for the price to again reach those highs.
Source: Coin Desk
Source: Coin Desk
Source: Coin Desk
Exponential Moves Always Blow Up
Pal, speaking in an exclusive interview with Mauldin Economics, made ten-times his money on Bitcoin and thinks now is a good time to get out.
This is the most exponential move we have seen. I dont know how far it goes, but I sold out last week and Ive [owned Bitcoin] since it was $200. Anything that moves exponentially, always [blows up].
However, Bitcoins meteoric rise isnt the only reason The Global Macro Investor exited his position.
Only 21 Million Bitcoins? Not necessarily.
Bitcoin was supposed to be a store of value, you couldnt mess with the formula and now they are talking about a hard fork changing it?
A feature that has attracted many investors to Bitcoin is its built-in scarcity. Its widely thought that only 21-million Bitcoins can ever be mined into existence.
However, senior developers and miners are now contemplating a hard fork which would split Bitcoin in-two and allow for the creation of more Bitcoins.
Even if they dont change the formula, the fact that they could? Thats enough to say its not a long-term store of value.
Pal says a recent development in India also changed his views on the crypto-currency.
Could India Stack Replace Bitcoin?
India introduced a frictionless payment system, [something] that everyone in Bitcoin was working on this was [Bitcoins] great project and India went and did it for 1.1 billion people, fifty-times faster than Bitcoin and its rolled out and working now.
Pal is talking about India Stack, which will soon process more transactions than Bitcoin ever has.
India Stack allows users to open a bank account, mobile phone account, or share medical records at any hospital or clinic in India with your fingerprints or by retina scan.
In the March edition of The Global Macro Investor, Pal said of India Stack:
This revolutionary digital infrastructure will soon be able to process billions more transactions than Bitcoin ever has. It may well be a Bitcoin killer or at best, provide the framework for how blockchain technology could be applied in the real world.
What About Blockchain and the Future of Finance?
For Raoul Pals thoughts on the technology behind Bitcoin, the financial system, cashless societies, and more, watch the full interview below.
Download a FREE Bundle of Exclusive Content from the Sold-Out 2017 Strategic Investment Conference
Get access to exclusive interviews with John Mauldin, Neil Howe and Pippa Malmgren from SIC, an ebook from renowned geopolitical expert George Friedman and bonus SIC 2017 content
I didn't realize how many uninformed idiots post on this forum.
But hey I guess when you have made no money off the biggest run of 2017 you might not be able to control yourself from posting very stupid sarcastic messages.
What a pathetic group of no money making trolls.
If you didn't realize it yet xrp at this moment is worth over 40x what some people bought it at.
Do you realize what that means ?
But hey I guess when you have made no money off the biggest run of 2017 you might not be able to control yourself from posting very stupid sarcastic messages.
What a pathetic group of no money making trolls.
If you didn't realize it yet xrp at this moment is worth over 40x what some people bought it at.
Do you realize what that means ?
This means there are some who made a profit and there are lots who are crying now because they were mislead to buy a token that really has no value at all
But it was too late when they realized that, since they already took the bait. Anyway, my friend is thankful to me because of the tip I gave him about XRP when it was around 145 sat.How can you imply XRP has no value when it is 40x higher than it was a few months ago, do you realize what is happening here ? XRP is going to move again & when it does trolls will burn with their donkey piss posts.
I didn't realize how many uninformed idiots post on this forum.
But hey I guess when you have made no money off the biggest run of 2017 you might not be able to control yourself from posting very stupid sarcastic messages.
What a pathetic group of no money making trolls.
If you didn't realize it yet xrp at this moment is worth over 40x what some people bought it at.
Do you realize what that means ?
But hey I guess when you have made no money off the biggest run of 2017 you might not be able to control yourself from posting very stupid sarcastic messages.
What a pathetic group of no money making trolls.
If you didn't realize it yet xrp at this moment is worth over 40x what some people bought it at.
Do you realize what that means ?
Percentage of mainstream equity securities investors vs cryptocurrency investors
cryptocurrency investment news is almost everywhere but the question which is still unanswered is what is the % of securities investors vs cryptocurrency investors I mean could an accurate estimate be that only 5% of the world population is trading cryptod vs 54% who are trading securities?
And it could possibly be less ? As this figure grows so will the market caps and prices of each coin so saying this is just an incredible opportunity is clearly a huge gigantic understatement.
Of course my percentages are just guesses.
Would love to see an in depth comparison of the two markets, hopefully we see one soon.
And it could possibly be less ? As this figure grows so will the market caps and prices of each coin so saying this is just an incredible opportunity is clearly a huge gigantic understatement.
Of course my percentages are just guesses.
Would love to see an in depth comparison of the two markets, hopefully we see one soon.