Dropped 100$ in doge

whos holding XRP? Anyone following along with the case? I'm hoping it rockets!

Nizza said:

whos holding XRP? Anyone following along with the case? I'm hoping it rockets!

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You do understand that the majority of XRP is held by just a couple of people? The vast majority is held by a couple guys that started it way back in 2011. They have been selling it off for years and pocketing the money. And in the 10 years since it's creation it still has no real world use.

XRP supply

The original founders pre-mined (created before the project’s launch) one hundred billion XRP tokens in 2012. Ripple retained 80 billion tokens to fund future operations and development, whilst the founders divided the remaining XRP between them.

xtsho said:

The vast majority is held by a couple guys that started it way back in 2011. They have been selling it off for years and pocketing the money.

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As I understand it, Jed McCaleb (one of the founders of Ripple) has been dumping the majority of what he sold of his 8 billion XRP into his own creation (XLM) which has a very good chance of being amongst the few cryptos that will still be around in another four or five years. Fortunately, McCaleb's XRP holdings are expected to be sold off by September.

Just a heads up, tomorrow the SEC is supposed to announce Crypto regulations. Some exchanges like FTX have already started making changes, like limiting leverage, hinting that they might already know whats coming.

waterproof808 said:

Just a heads up, tomorrow the SEC is supposed to announce Crypto regulations. Some exchanges like FTX have already started making changes, like limiting leverage, hinting that they might already know whats coming.

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Earlier this month, Senator Elizabeth Warren had given the SEC a July 28th deadline to figure out its role in regulation of cryptos. What's due tomorrow is Gary Gensler's reply to Elizabeth Warren. At most, we'll see news stories regarding Gensler's reply.. (Just within the past day or so, Elizabeth Warren has put out another call for regulation.) ..Given all the current hoopla surrounding the Ripple/SEC lawsuit, we won't see any form of regulation until this case gets settled which, according to attorney Jeremy Hogan, isn't going to happen until at least November.

waterproof808 said:

It’s easy to say that when you had no skin in the game and just witnessed a 50% pullback from ATH. Much harder in practice.

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it is easy to say because I know what it is like to go all in on things, I have skin in the game in more than a few things that are a lot scarier than a bitcoin surge or bust. I do have plenty of crypto now to play with and when I insert the coin I consider it lost until I reap the rewards.

If you can't afford to lose it don't play it.

Bummer for them. Looks like they're screwed.

im up 85% on $Luna in a little over 2 weeks.

EIP1559 is happening tomorrow.

Anyone else playing with alchemy pay (ACH)? Dropped $300 at $0.08 thinking of picking up more if it drops to .13 again.

xtsho said:

Bummer for them. Looks like they're screwed.

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UPHOLD app has a 2 step authentication that never actually works so you can buy coins but you can't pull your money out, its a total scam. Check out reddit if you are curious, I had to transfer my shit off their app to a different one and go through hoops to get my money.

Crypto is the next big thing that brings a shit ton of scammers and issues. I can totally see a lot of people losing their wallets password and then coins just floating in the air lol.

Token Dankies said:

UPHOLD app has a 2 step authentication that never actually works so you can buy coins but you can't pull your money out, its a total scam. Check out reddit if you are curious, I had to transfer my shit off their app to a different one and go through hoops to get my money.

Crypto is the next big thing that brings a shit ton of scammers and issues. I can totally see a lot of people losing their wallets password and then coins just floating in the air lol.

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Sadly, the majority of the assets on Uphold can't be put directly into your own hardware wallet. From what I can tell, BTC, ETH and XRP are the only ones that can be moved once their ridiculous 65 day cool off period has ended. As far as the scammers go, they're already present but I think that the biggest scam(s) / issues will come in the form of regulation(s).

In case any of you haven't heard about the current cryptospace battle with the Infrastructure Bill. these should bring you up to speed. The Senate floor is closed for tonight but will resume tomorrow at 12 noon.

Senate is live right now trying to get a unanimous vote to amended wording in the Infrastructure Bill pertaining to digital assets. For better or worse, this is history in the making. You can watch here. https://www.senate.gov/legislative/floor_activity_pail.htm

Just Be said:

Senate is live right now trying to get a unanimous vote to amended wording in the Infrastructure Bill pertaining to digital assets. For better or worse, this is history in the making. You can watch here. https://www.senate.gov/legislative/floor_activity_pail.htm

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History was made on January 03, 2009. That's when the bitcoin genesis block was created and the bitcoin blockchain was born. That was the beginning of cryptocurrency.

Block 0

This block was mined on January 03, 2009 at 10:15 AM PST by Unknown. It currently has 695,417 confirmations on the Bitcoin blockchain.
The miner(s) of this block earned a total reward of 50.00000000 BTC.


The wallet containing this block has received 68.52013916 BTC with no outgoing transactions.

xtsho said:

The wallet containing this block has received 68.52013916 BTC with no outgoing transactions.

Address: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

The most popular and trusted block explorer and crypto transaction search engine.

www.blockchain.com

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Prolly some dude who lost his wallet or password.

PJ Diaz said:

Prolly some dude who lost his wallet or password.

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It belongs to the original creator of bitcoin. That's the only person that would have mined the genesis block. But I'm sure they have other wallets.

Doge is back up! I bought back in last week at 27c, I wonder how high it's going to ride this go.
The 3commas bot is working well, 200$ profit over the past month or two using 1500$.

My buddy was saying something about amazon maybe using amp so I'm going to put some onto that and have a bot scalp it if it goes up.

One thing that's nice about crypto between 5-10 cents is if I fluctuates 1 penny that is around 10%. I've learned alot since starting this thread the biggest thing is don't be greedy, take profits when thing seem too good to be true and don't just wait because it will drop

A few coins I want to hold onto though are xlm, xrp, doge, amp , and ethereum.
A shit coin I'm going to sell profits on the way up on is NAFTY. It's been having some really nice gains.

What have yall been interested in the most? What do you think will stick around ?