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Showing content with the highest reputation on 10/19/2017 in all areas

  1. 9 points
    My final thought on Swell is that there is a lot of work to do on the PR/Marketing side. I won’t repeat the mistakes and truly stakeholder mismanagement here, but the sales department and IT/ tech deserves better than this. Brad better hire a quality spin doctor. And although I’m tired of posters shouting “moon” and “ lambo” , I’m also irritated by statements and questions like” are you in for the long haul or just for short term profit?” and ; “ they don’t owe us anything” . Even worse “ it’s not about XRP” . Why should actions with a positive effect on the short term exclude benefits on the long term? And vice versa. They can never combine, really? Me going to the gym has positive effects on both short and long term. I don’t owe my neighbours anything, not formally, not otherwise. But that doesn’t keep me from being nice to them once in a while. We’re both stakeholders in the same street we live in. We are the real first movers in XRP, having it bought at a higher price than futur clients. Is it to much to ask to look closer after our interests and handle it with care? Ripple don’t owe us anything in formal sense, but a better job in managing our expectations could have been done. Our interests are the same; a higher price of XRP ( like Joel Katz stated that is also for the best of Ripple). During Swell explicit statements have been made by clients (“ there’s no need for XRP”) as well as by Ripple that I never heard or read before. And I really did my homework!! Been reading for months now. So why these negative disclosures on a conference I believed to be intended as a promotion of Ripple, XRP, blockchain etc, for short and long term? To cut a long story short: Swell wasn’t mindblowing for me at all, disappointed in the amateurism of the PR aspects of it. We, investors, this top notch tech company, her employes and this first class product deserve better.
  2. 7 points
    Alluvial

    My concluding thoughts on Swell

    Agreed Khaleesi. I think we all may be a little on edge as a result of SWELL (at least I am), and my hope is that Ripple will do better in the future (and hopefully the private meetings will lead to the announcements that many of us thought would be disclosed over the past three days). I agree that Garlinghouse tried to salvage something with the Q&A, and he did attempt to answer many of the top questions that community members have had. Yes, let us move forward as friends. I wish you a good night.
  3. 4 points
    This thread seems to be attracting nothing but teenage angst and sedition amongst forum members. Locking down
  4. 4 points
    Ripple-Stiltskin

    Hakuna matata

    Just couldn’t resist to post this
  5. 3 points
    If I had to guess, we thought Brad was a good fit because we agree that peanut butter is better when you put a lot of it on every slice.
  6. 3 points
    galgitron

    Vision 2020 for the #XRP community

    Hey Brad! Where's my damn money!?? You LIAR! You said there was going to be some AMAZING news, and all I got was deals with Bill Gates, 100 companies using Ripple, an XRP-incentive program, and some rumors about AMEX.. Well I got news for YOU bud, you can't buy lambos with NEWS!! Listen to me, I'm holding 100 XRP and that ENTITLES me to tell you how to run your company, because obviously you don't know what the hell you are doing, and you obviously don't care about the needs of your more serious investors; so I've decided to sell 20 XRP and buy some food with it. You feeling me?? Don't make me sell more.. Get your **** together Brad.
  7. 3 points
    Sebastian

    My concluding thoughts on Swell

    LOL. I noticed that too. My first thought was "have they learned nothing?"
  8. 3 points
    Naki

    Can't Say I Didn't Tell You So

    "So I just sold all of my XRP Ripple after it recovered a little from the small collapse it just went through. I put it all into Stellar Lumens XML which is up 25% today after its correction from the crazy bull run it had last night. This is looking better and better for XML... Right now at .00000800 BTC might be a good entry point. Alot of profit taking around 845 satoshis (.00000845 BTC). I'm excited to make more money tonight. I hope the conference has some great news and that you guys profit but I'm starting to get a bad feeling about this and there is way too much speculation going on all over the world because of XML's IBM partnership to miss out on the massive gains that XML is already producing. GOOD LUCK GUYS. I'm out of XRP for the rest of the night and might buy back in if it falls to 22 cents. " just posting his great trading advice from before note the price he bought at and recommended others to buy at and the price of stellar lumens now
  9. 3 points
    And if anyone thinks the major clearing organizations, who clear trillions in cross-border transactions, are interested in blockchain but not crypto a.k.a. “digital assets”... the proof is in the pudding: DTCC commenting on Ripple’s Global Payment Steering Group: One example of DTCC’s interest in crypto, and there are plenty more like it:
  10. 3 points
    I love how all the Trolls have to state how much XRP they sold (usually a high number). Just a word of advice to the trolls.... whales or high volume traders never disclose how much they buy/sell. On that note, I just bought 2 million XRP. Thanks!
  11. 2 points
    Essentially that means Ripple can now* potentially be a part of the future Very good!
  12. 2 points
    Amigo

    My concluding thoughts on Swell

    @7Sol , @Ripple-Stiltskin , @JoelKatz and others, this is getting a really interesting topic in the posts above about how far responsability of Ripple towards XRP owners should go ??!! I'm really sorting my mind in this matter still; as @TplusZero stated in his latest blog; participate in blogging helps ?. My statement that cryptocurrencies are speculative bubbles untill they reach their usecase (of which Ripple and XRP are closer than any other) to a certain extend relates indeed to the legal context: as it is an unregulated market, there are no formal rules on the companies side (responsability towards coin holders concerning strategy, marketing, etc.) nor on the market side (pump n dump as you like). But indeed, I also tend to think this does not take away a certain amount of responsability of companies like Ripple towards in this case XRP holders; it does seem asymmetric that holders should carry all the risk of XRP not making it in the end, yet Ripple can benefit, for example use XRPs value for company investments, as well as banks, who at this moment can just sit and wait for the best option to rise to the surface and pick that one, and let the rest drown. On the other hand, you could say that it's part of anyoung market of disruptors: you can gain big time, yet you might also loose big time. I am really curious how this issue is discussed within Ripple Labs itself; I can imagine that this is a huge dilemma for them as well.. primary moraly as (I think) they love their community and feel a responsability to them in this, but also because they position themselves as working with existing structures and legal frameworks as much as possible and seem to take pro active standpoints for example in the ICO debate (that it should be regulated, etc.). Should Ripple therefor be extra carefull with pumping statements that will be abused by whales or, as what happened a bit, a marketing strategy that (probably unintended) had XRP fall quite a bit), actively fight pump n dump whales, etc. As I posted in another thread (or maybe even this one some pages up), I think that Ripple is actually working on these responsible grounds. But to what extend should that reach and it what forms? I'm not sure.. @miguel, @JoelKatz, @nikb, @TplusZero, @Hodor, help us out here ?. Maybe it's actually a topic on it's own to start a thread on. @Mercury, feel free to move it if that's better.
  13. 2 points
  14. 2 points
    Khaleesi

    XRP lending

    Do you think that might be what the trademarked xPool will be used for?
  15. 2 points
    That would be Ripple's Head of Regulatory Relations Ryan Zagone ...for those who might be wondering...
  16. 2 points
    Morty

    Patience pays off

    A bunch of us xrpchat members spamed the polo trollbox
  17. 2 points
    Dennis

    what next

    The most important part of the Q3 markets report as it relates to Impacting XRP: source: https://ripple.com/insights/q3-2017-xrp-markets-report/
  18. 2 points
    nikb

    Decentralization Strategy Update

    Every validator that meets the performance and other criteria that Ripple will outline (important: the criteria won’t be nebulous) will be added to Ripple’s published list of validators. For every two validators added, Ripple will stand down one of its own validators, until no entity will have a majority. How long will that take is a difficult question. We are moving as fast as we feel it safe to move at. The plan is conservative by design; we made a conscious decision to prioritize safety over everything else. Ultimately, it will depend on how many entities outside of Ripple commit to operate reliable, performant, secure and independent validators. My hope is that over 2018 we will see a lot of such validators join the network.
  19. 2 points
    cobuswobelo

    what next

    Yes they are still participating in some conferences dont remember 100% which onces but this is one of them: https://imtconferences.com/imtc-world-2017/ End of November 2017
  20. 2 points
    I think this is a good one. It is a blog post by Ripple, but I it think does a good job of conveying their vision. https://ripple.com/insights/the-internet-of-value-what-it-means-and-how-it-benefits-everyone/
  21. 2 points
    Siniath

    what next

    We have MUFG and SBI going live in Q4
  22. 2 points
    Rdh88

    My concluding thoughts on Swell

    Agreed - I have lost trust in him. Not Ripple and XRP
  23. 2 points
    Ripple Trade Japan wasn't affiliated with Ripple, the company, whatsoever. (Anybody can run a server.)
  24. 2 points
    Some things may have needed better preparation (livesound) or avoiding (not doing claims you can't substantiate further later on - for whatever (NDA?) reason).... but to call SWELL a "nothing burger", that's just way too much of an exaggeration. SWELL will need time to resonate in terms of deals, whereas some of us would have liked instant results. (Well, this wasn't a "pop" conference - "swelling" means something else, doesn't it? That proves, dictionaries still have meaning nowadays. ) In any case, I thank Ripple for the many efforts over the years. Complaints like "Ripple doesn't care" have been around always, alas. Even back in those days that XRP was sitting at like 0.005 USD (yes, been there - clinging on despite an 75-80% loss in the books). I very much appreciate the efforts that the entire team has put in, not to forget the awesome job that @JoelKatz keeps on doing on forums, Discord, etc etc. to interact with us. A big thank you to @JoelKatz !!! Okay, so out went a couple of ultra-short term speculators. Goodbye - I hope you made some bucks (despite the noise). So let's get back to work! I can't wait to see where Ripple Inc (and XRP by consequence) will stand in a couple of years from now. To you : cheers !
  25. 2 points
    It's good that we have this culling of the opportunistic shorts......
  26. 2 points
    Hodor for Ripple ambassador
  27. 2 points
    mrenne

    Can't Say I Didn't Tell You So

    Yes please move to YouTube!
  28. 1 point
    LOL Nice quote from Warren Buffett Nice article too!
  29. 1 point
    You know how to write my friend. Impressive...
  30. 1 point
    Any minute now, @Sasha, per the tea leaves.
  31. 1 point
    MemberBerry

    XRP lending

    I would suggest to watch the video of miguel at credit suisse, i think somewhere in there is a partly explanation. But i don't know for sure https://www.credit-suisse.com/pwp/ws/videobroadcast/?pid=9ceVakBGCElMdKCKL5I4T6_prgxnKHap
  32. 1 point
    Andi10

    XRP lending

    Hummmm. Good question!
  33. 1 point
    Parabellum

    XRP sudden price spike...

    Just assume that bigger groups have the financial power to hire someone to properly program a bot. It is actually a safe way to manage funds, and it helps in accumulating as well. Don't think that any price action you see most of the time is done by normal people. It's all bots, bots, bots. Same as on the stock markets.
  34. 1 point
    CubanMiner

    Can't Say I Didn't Tell You So

    Hey guys, I hate to break it to you but this is looking worse and worse by the minute. What a freakin' disappointment. If you've been following me you probably know that I was pretty excited about this damn conference and was all in on Ripple up until the night that I jumped on the Stellar Rocket and tripled my money. Now I know I have alot of people on here that are grateful to me for giving them the tip that ended up making them money. However, I do have plenty of haters on here who hate me simply because I am open and honest about how I am feeling right now about Ripple. These people are fanatics and have very limited faculties of reason. If you in any way disagree with them and think it might be a good time to ignore Ripple and make some profits elsewhere while this $%^&show gets its act together it's almost as if you've insulted their mothers. Frankly, I don't give a damn if you're angry. You're losing and you're taking it out on the world. Boo Hoo, cry me a river. While "thinking about the long term" I'm making smart trades and making real money. Bottom line is that we don't even know if XRP will even be used by these banks. In fact, it's looking more and more like banks are going to create their own cryptocurrencies and use the platforms developed by Ripple and Stellar Lumens (in conjunction with IBM now). So you can hold all you want, the bottom line is you might be holding a bag of sand with a hole on the bottom. If you look at the trading patterns this evening you will see that this is not a bunch of whales coming in and ruining your parade. This is XRP holders giving up. It's selling based on anger and frustration. Earlier on one of the other posts I mentioned that even though I understand that Ripple the company and XRP the coin are two different things and that holders of XRP are not shareholders, I still strongly believe that Ripple has done a HUGE disservice to the faithful fans that have invested in their coin. Here's how I summed it up in an earlier post after I was attacked because I said that regular folks like you and me "made" RIpple what it is today... ..."Listen, I know we didn't write the code and didn't "make" XRP. Duh. But who do you think funded this thing to the level it is today? Investors like you and me. It certainly wasn't institutional investors. You think they didn't sell a boatload of those coins after the market (composed of people like you and me) started giving the coin value. None of these cryptos operate with no money. They all put in a little money, hope that their idea catches on and that the market starts buying in. Then they turn around and sell portions of the massive amounts of coins that they are holding and start accumulating millions of dollars to A. pay themselves and their employees and B. Improve what they already have, market the &^%$ out of their product, and keep growing. So I fully understand I am not a shareholder per se, but I am someone who contributed to the growth of the company as are each and every single one of you out there. So I'll say it again, they would be nobodies if it were not for the investors and traders that gave their coin value so that they could sell billions of their coins and make money to fund this project. So if you think that they don't ethically owe it to the public to make real statements and not hype up events that end up being non-starters, then by all means take out the vaseline, bend over, and let them do it to you again!" Give me a like if you appreciate my brutal honesty no matter how many feathers I ruffle, and let me know if you would like to hear more from me on YouTube.
  35. 1 point
    There are two other post about this topic made before recently. The search button on top will help you find them:
  36. 1 point
    In other news, some bad guy robbed a granny on the corner today.
  37. 1 point
    zenkert

    How long does Gatehub verification take?

    Hmmm... well maybe you just have to bite the sour apple then and pay the high transfer fee, if you want to get out of Gatehub and start using Bitstamp. Or keep your Bitcoins at Gatehub, register an account at Bitstamp and do all your future trading there
  38. 1 point
    This a thousand times over is the take away from the week.
  39. 1 point
    Khaleesi

    Escrow ramifications

    My understanding is that; institutional purchases will be made from the 1 billion released per month. They get a discount and it comes with caveats. only other option is to buy like we do through an exchange at market price if they can’t wait. Institutional purchase/incentives have been on average 300 million per month historically. Speculating now; if according to Brad Garlinhouse and Joel Katz comments’ about partner FOMO continues (I don’t see why not), then the escrow limitations may very well cause a massive spike. Having a situation where the institutions may have to wait in line for the next release is possibly a good plan to manage onboarding of new partners though. I wouldn’t be surprised if the lockup is for a reduced amount based on what’s left by the end of the year...I’m thinking it will be a FOMO event that will never look back.
  40. 1 point
    Khaleesi

    My concluding thoughts on Swell

    I read on a post here that: once institutional money comes on board, the speculation money will have a minuscule effect on price movement.
  41. 1 point
    Yep. Ripple's plan is to connect exchanges and other private ledgers through ILP so XRP can benefit both in terms of liquidity and more possible payment destinations. Ripple has been open about this for almost two years now. This is a big part of why they are so focused on adding new exchanges.
  42. 1 point
    They even have China for God’s sake!!! Opening up market access in China! INSANE! I believe the use of crypto for cross-border Payments is way closer than 3-5 years away. It will start with Japan, Hong Kong, Malaysia, India, Nigeria, Australia, Canada... US and EU will have to catch up quickly... It’s even happening here. Look at what’s coming out of the CFTC.
  43. 1 point
    Zerponaut

    My concluding thoughts on Swell

    The only mistake made by Ripple was that they could have implicitly said in the build up that the conference was about the fin industry, blockchain, ILP and building partnerships. It was not going to be about XRP. Most of us taking XRP long understand the difference between Ripple and XRP. Speculators do not, and this was apparently a missed chance for Ripple to educate them. IMO I don't think Swell was a failure by any means, there were some major announcements (to 2.5 billion people in developing nations, at least) and the core of the target market got in the same room, networked and were educated about where technology is taking society and the global economy, and the solution that exists right now. How hard is it to understand that the entire fiat, government and banking financial system is not going to change overnight? There was an undeniable problem with their marketing of the event though, they probably should have known how fickle crypto 'speculators' are, and it will probably scare off part of the market - which I would say is fine, I 'm not on the daytrading wavelength. Hopefully crypto 'investors' maintain a better understanding of the scope of the project Ripple is seeking to pull off.
  44. 1 point
    Rado

    Now that that is over.....

    I for one am excited to get this Chat back to normal without juvenile opinions and 12 year olds who think they are "investors" and expect their "long term" (2 day) investment to make them rich. Ripple's business plan and strategy is phenomenal. A lot of new information was provided and Ripple is a pioneer in their field, there will be storm of new business and partnerships that were conceived at this event. Swells purpose in my opinion was to inform, spur debate, and form new business. * no offense to any young kids who take this field of innovation seriously.
  45. 1 point
  46. 1 point
    baggy23

    Miguel Vias on Credit Suisse

    Like a boss at 35.35min She likes him
  47. 1 point
    DarthTrader

    Miguel Vias on Credit Suisse

    He's our man
  48. 1 point
    @R8102V1D2D post about that site a while ago:
  49. 1 point
    Quilt is everything guys. It is the use case for xrp we have all been waiting for. Interoperability is the keyword here, and the only way to make things interoperable with each other is to have a native asset they can all be compatible with, creating a bridge.... this is what xrp was designed for, and they will be on hyperledger making all of its members interoperable. This is huge news.... DAWN. It's the tipping point of xrp adoption. This is what will create the liquidity banks will require to make digital assets attractive to them and sustain their scaling needs. ILP will use xrp, don't doubt it! https://www.hyperledger.org/blog/2017/10/16/hyperledger-gets-cozy-with-quilt
  50. 1 point
    If you want a cryptocurrency that doesn't have anyone with the resources and incentive to spend money to promote its use, there are plenty of them.
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