/XSG/ - XRP Schizo General #116

>Flare snapshot date - December 12th 2020:
flare.ghost.io/claiming-spark-faq/
flare.xyz/supporting-exchanges/
flare.wietse.com

>Past /XSG/ threads
warosu.org/biz/?task=search2&ghost=yes&search_text=&search_subject=xsg&search_username=&search_tripcode=&search_email=&search_filename=&search_datefrom=&search_dateto=&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=op

>UHNWI aka Mellon:
warosu.org/biz/thread/S16595583
warosu.org/biz/thread/S17266853
warosu.org/biz/thread/S17914598
warosu.org/biz/thread/S18102776
warosu.org/biz/thread/S18417446
warosu.org/biz/thread/S19283439
warosu.org/biz/thread/S19919081
warosu.org/biz/thread/S19980410
warosu.org/biz/thread/S20098041
warosu.org/biz/thread/S20429829
warosu.org/biz/thread/S20720991

>Kendra Hill:
threadreaderapp.com/thread/1189356847117033484.html

>Other Insider:
warosu.org/biz/thread/S17203568
warosu.org/biz/thread/S19464720

>Other Other Insider:
warosu.org/biz/thread/21924286#p21931998

>Bank of Canada Insider:
warosu.org/biz/thread/S20806161

>Conference user:
warosu.org/biz/thread/S21274558

>33 million XRP user:
warosu.org/biz/thread/S21485221

>Judy Shelton (Trump Fed nominee):
cato.org/cato-journal/springsummer-2018/case-new-international-monetary-system

>The Myth of Market Cap:
galgitron.net/Post/The-Myth-of-Market-Cap---Version-2

>Twitters:
twitter.com/BabaCugs

>What wallet do I use?
There is no right answer for this. Mostly personal preference and security vs. convenience.
Hot storage (with Spark support) - XUMM or Exodus.
Cold storage - Ledger/Trezor or Paper/Metal Wallet

Previous thread:

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Fresh bread

Thread number is moon date

Blessed baker.

well guess baba was a fraud, thats one more off the list

This was know a few threads ago when he said moon wasn’t in 2020

Reminder that these threads are actually Cripple Retard Generals and filled with retards and normies from xrp crypto twitter who simply don't fit in here.
>link gets talked about for years on here while xrp is seen as a joke
>link gets fudded everywhere else by us
>link goes on its run to $20
>we dump $20 link on retarded crypto Twitter plebs after they realize they were manipulated into thinking it was a shitcoin going nowhere
>link goes to $10
>desperate xrp bagholders come here because this was "the place" for link
>shit up the board and try to force "schizo" threads when it's just the same 8 bagholding retards nameposting at each other and reposting tweets from Twitter larpers as "breadcrumbs"
>xrp price and prospects are still in the dumpster despite all the retards trying to shill it, and they can't even stay in their own low iq containment thread
And that's the story of how xrp came back to biz.
S And H.

Comfy

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All of this just to shill a partnership that he has.

AHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHHHAHAHAHAHA


*AHEM*


AHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHHA

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I'm still on the side of letting baba be proven wrong by time, or not.
You can be a raging retard and still get inside tips. We'll know relatively soon.

lol

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ya i was holding out though, never know. Shilling some exchange after was the worst move he could have done lmao

Highlights from /xsg/ #115

Debt/real estate market after the reset

babacug's last post from freemason handlers (and schizos interpretation of it)

XLM's role in the world and discussion about CBDCs

MoneyTap (led by SBI in Tokyo) is offering all kinds of services running on XRPL

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>XRP ID

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>even his ID can't sustain the fud pasta

Fuck baba man

BTFO
T
F
O

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it wasn't supposed to be like this

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lmao he and his followers hung his hat on the fact he never makes money off them. Now he shows his true colors.....super wealthy investor needs some affiliate bux...give me a break

>.25
It’s dead jim

>One component of Flare is to collateralize the spark tokens for smart contracts. Have fun with your 5.1% fee's paid directly to you.
>>lifetime passive income

>The originator gives you the xrp to mint FXRP, you get a 5% fee direct and a .1% fee from the minting of FXRP.

From last bread - is this how FXRP will work? Because if XRP hits 2k then 5.1% kickback from flare is gonna be HUGE

based and xrp id to prove it
xrp is a joke

i think they believe it will save the world with cbdc's and shit

>an angry Cugliari sr. throws open a door in Canada
>"what the actual FUCK are you up to, little E? you've been larping as some kind of mason's sockpuppet? your allowance for this month is cancelled, you little shit, everyone's making fun of me at the club"
>fuck, baba, fuck, think, what do?
>got it
>hey guys, check out this referral I'm pimping...baba always wins!

That would be nice, wouldn't it?

When does the kickback happen? When you loan the xrp? Or is it daily/weekly/monthly? Or?

If true this sounds more exciting than the flip switch, is it linked to XRP being used as a 'line of credit'? We literally stake our whole stacks and earn dolla.

Why do people even bother with false prophets and doomsday prophecies?

I'm not sure how it works but considering it's a smart contract that happens instantaneously...it may be 5.1% every transaction.

>Flare is a VIP ticket to perpetual wealth. You people have no idea what you hold.

Every transaction Id imagine.

How I *think* it might work is the 5% fee is a flat fee, no matter how much spark you stake. HOWEVER I think the amount of spark you stake will directly impact the size of loans you can facilitate. This is because a certain amount of your spark has to be locked away to enable minting of Fxrp.

So the more Spark you have, the bigger the loan you can do and the bigger the fees you can earn. Im guessing your spark would be locked until the loan is repaid?

In theory, it would be per transaction.
What really matters, though, is how much each token is sitting at, and who's using it.
Again, in theory...you have to stake 2.5 the value of the XRP transaction you're collateralizing in Spark.

XRP 10K+ by February 1st.

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Also keep in mind that we're likely getting Spark at a greater than 1:1 ratio...

baba cucks final message is for you to register on a exchange for he can get kick backs.
AHAHHAHAHAHHAHAHAHAHHAHA
you dolts actually fell for it

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im a little confused over this spark loaning shit.
we stake our spark and the take out a loan? This is a bit confusing for me.

The first ever Q post was the 28th of October at 4:44pm Eastern 3 years ago.

Let's see what the 3 year delta of this historic white hat event/psyop is, if anything at all.

Pic related

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You stake your spark given to you based on how much XRP you have, and that is used for stuff. That stuff will make lots of money, so the bigger part you stake the bigger part of that lots of money you will get.

That "stuff" that can be done will include loans and other smart contract (so anything really can be run with this) so that the numbers code wizard nerds can make cool shit for everyone.

xrp has been dumping for 3 years.
COINCIDENCE?
let's read some TWEETS and try to find out!
c'mon gang!

No, people want a loan and we can facilitate it with our spark and xrp. According to this user we get a 5% fee, so somebody uses you for a $1000 loan you get $50. If 10 people in a week use you for a $1000 loan you get $500 and 1 XRP (I think).