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Showing content with the highest reputation on 01/21/2019 in all areas

  1. 35 points
    Blog URL: https://xrpcommunity.blog/the-rise-of-digital-assets-in-2019/ Digital assets will rise this year. In today's blog I talk about market cycles and highlight the major XRP news stories in the cryptosphere! 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Euro Exim Bank releases a commercial; Mercury FX and Catalyst clarify their xRapid implementation; Coins.ph is acquired by a Go-Jek, a massive technology start-up; UST Global claims they can implement an end-to-end Ripple payment solution; and Ryan Zagone communicates what's needed from US regulation at Fintech Week in Washington DC. 𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Coil has now issued invitations for everybody on their waitlist; and Ben Sharafian publishes a blog that details a change in technological direction for Coil. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Thomas Silkjær targets crypto criminals preying on XRP fans; Verso Exchange may use Ripple tech to integrate with banks; Bitrue expands its XRP base pairings; BitPoint opens shop in Panama, listing XRP; Coinfield's CEO likes using XRP as a base currency; @LeoHadjiloizou (Twitter avatar) publishes Ripple's escrow details on his website, along with all 864 XRP markets worldwide; and Denario Research publishes his final installment in the 'XRP Telegram Bot' series of videos. I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  2. 34 points
    jbjnr

    Q4 analysis/prediction

    Dear XRPChat, As the Ripple Q4Markets Report is imminent, I'd like to present an update to my previous analysis of ripple sales (in thread linked here) With a focus this time, on Q4 sales from 2018-10-01 to 2018-12-31. Part I The previous findings were that Ripple has been selling approximately 3% of daily volume and this trend appears to have continued without any significant change. I shall confine my plots to the period 2018-04-01 (2018-Q2) onwards, as this appears to be a time when a strategy shift occurred in the xrp sales and data appears consistent after this time. The up-to-date plot of daily sales (from the account previously referred to as RP2) to tagged (presumed to be exchange) accounts is and the correlation to daily volume is Which maintains the finding that around 1/35 = ~3% of daily volume is being sold off with the previous days volume (shift =1day) used as the reference. NB. Using the time period 2018-04-01 from cryptocompare.com to today as reference. I had previously hypothesized that ripple are selling xrp not only from their warchest of escrowed tokens, but also from founders/staff accounts since the declared sales of xrp in the Q2/Q3 reports do not tally with the summed totals I found in sales from RP2. This seems entirely reasonable and I decided to investigate this further. Two further pieces of information are useful. The first is that as pointed out in a recent comment by hodor - in the Q3 report, ripple state that their programmatic sales are 0.17% of market total (and total sales 0.43%). This is quite a significant difference from the 3% sales I have calculated. Either Ripple are using a different source of volume figures for their data, or I am not looking at the right numbers/wallets. Perhaps if I take only a subset of the 3% sales, they will match the numbers reported by ripple. In the previous analysis thread, I did not manage to find a good match between ripple's declared figures and the ones I presented - to try to improve this, I looked at the wallets that supply RP2 with the xrp that is sold daily. There are 9 of them, and I have labelled them as RD1, RD2, ... RD9 (for Ripple Daily 1-9). The payments from April until now are It's clear that they follow a similar pattern to the overall sales in the earlier plot since these are just the payments into the RP2 account that are then distributed to exchanges. Perhaps the 9 accounts represent different sources of xrp that correspond to warchest/founders/charity/other wallets that contribute to daily sales. This is a breakdown of the payments from the 9 into RP2 for recent quarters And let us remind ourselves of the ripple sales as published in the quarterly reports We are interested in 2018 Q2/Q3 programmatic sales and if any of the accounts RD1-9 match the figures quoted. The answer is "no", but perhaps several of the accounts together combined match the figures we are looking for. Summing RD1 RD2 RD3 RD9 gives a quite close result for Q2/Q3, here are the numbers The totals are 57.56 and 66.71 compared to 56.55 and 65.27. Those numbers are just 1.7% and 2.2% out for Q2 and Q3 respectively. Perhaps those are the accounts that are feeding the programmatic sales. If that is a correct assumption, then 2018-Q4 programmatic sales should be $83.47m. Allowing for +/-2.5% we would have a range of $81.4m to $85.6m. Actually, I suspect the number will be a little less because RD1,RD2,R3 look like good candidates, but why add RD9 in Q3 which had zero sales prior to then. Removing RD9 from the sum increases the error and reduces the total so I would not be surprised if the figure was a little lower. But I'll stick to $83.5m as a prediction for Q4 sales. One thing that troubles me is that the figures I get for programmatic sales using RD1,2,3,9 amounts to 1/57.33 = 0.1744 or 1.7% of the volume (which is about right, since we are only including half the accounts in our programmatic sales estimate that was ~3%). But in the Ripple Q3 report, they state that they sold only 0.17% of volume programmatically. And based on the figures presented in the report, it looks as though the volume data they are using is much higher than that sourced by myself, so I shall revisit these figures with better volume data. The average daily volume from their data is >$400M daily, which seems about right. It may be that the /v2/network/external_markets API can provide figures that improve the correlations with sales and give a better match to the %volume figures. Part II I said earlier that two further pieces of information were useful. One was the sales % numbers in the markets report, the second is that we do have extra data that might help us identify direct sales as well as programmatic ones. The extra data is the xrp distribution figures. Ripple provide data on how much xrp is in existence, how much is distributed/undistributed and escrowed. If we know how much xrp there is in April 2018 and we know how much is sold, escrowed and destroyed etc, then whatever remains in the difference between distributed and undistributed must be xrp that ripple has either loaned out or sold OTC. If it is undistributed, then it is part of the monthly escrow release but still sitting in a ripple wallet - if it is distributed, then it has been 'used' in some capacity. Lets have a look at the raw distribution data, here I've added 3 columns, 'remains' is just a sanity check to make sure that the totals are consistent (total-(escrowed+dist+undist)) and is zero or occasionally 1 due to roundoff errors. burned is the change in total each month and diff is the change in distributed. The other columns are as read from https://data.ripple.com/v2/network/xrp_distribution date distributed escrowed total undistributed remains burned diff 2018-01-07 39029058672 54000000024 99992855589 6963796893 0 NaN NaN 2018-01-14 39029001738 54000000024 99992777885 6963776123 0 77704.0 -56934.0 2018-01-21 39029011222 54000000024 99992725510 6963714263 1 52375.0 9484.0 2018-01-28 39032356092 54000000024 99992664799 6960308683 0 60711.0 3344870.0 2018-02-04 39094802192 53900000024 99992622540 6997820324 0 42259.0 62446100.0 etc etc ... when plotted the data for 2018 looks like the following graph. Note that we see drops in distributed XRP when it is placed in escrow (or potentially when large amounts are burned, but this is very small since the cap on transaction fees was introduced after a user lost 100k+ xrp in accidental fees). If we resample the distribution data to end of month totals, subtract the total distributed at the start of the period (giving zero initial distribution at the start of April 1st 2018, = start of Q2), then subtracting what we believe has been sold (using the figures we know from part I above) for each month, then the left over should be the amount that has been distributed by ripple, but not declared as part of programmatic sales. It should be 'direct sales' + xrp distribution from 'any other business' (sch as incentivisation of market makers and loans of xrp etc). The next graph shows the distributed xrp starting at zero on 1st April, with monthly and quarterly final amounts alongside. Note that as the distribution data is only published weekly, there can be big differences between the month end resampled and original data. For example, the data for the first week of Dec 2018 is 500m higher than the previous entry during the last week of Nov, and so the monthly Nov fig is much lower than the true data. Fortunately no big differences exist at quarterly boundaries so we don't need to make any adjustments to the data or our sampling. Previously we showed the quarterly sales from RD1,2,3,9 in $$$, the sales in terms of xrp tokens are so we should subtract those from the quarterly distribution numbers which are -------------------- Quarterly distribution -------------------- date distributed(since start Q2) 2018-06-30 146046852 2018-09-30 881583920 2018-12-31 1924354618 which gives Q2 65m, Q3 583.7m, Q4 1042.7m as the unaccounted for XRP for the 3 quarters we are interested in. Ripple have told us that in Q2 their direct sales were $16.87m - but we do not know what price they were sold at. The best we can do is use a flat rate based on the sales we do know about. In Q2 we found 81m xrp sold for $57.56m so we estimate that 23.7m xrp would have sold for $16.87m. This gives us (if we repeat the process for Q3) Q2 programmatic = 81m, direct = 23.7m, mystery remainder = 41.3m xrp Q3 programmatic = 151.8m, direct = 221.1m, mystery remainder = 583.7-221.1 = 362m xrp for Q4 we have Q4 programmatic = 196.3m, unaccounted for 866.5m of which some is going to be direct sales and some is unaccounted for. I had hoped that by conducting this little experiment, I would be able to recover the direct sales numbers from ripple, but unfortunately the numbers don't add up. There is still xrp being released that is unaccounted for. In Q2, it's 41m xrp, in Q3 it jumps to 362m and in Q4 we do not know the direct sales figures yet, but it could be anywhere from 0-866m xrp which would translate into a very large figure in $$$. Probably some of the xrp bound to the R3 settlement is included in this number, and probably the direct sales for Q4 will be very high (I'd guess over $100m). We will know soon and I will update my calculations when the Q4 report is released. Conclusion. TL;DR : My best guess for Q4 figures is between $81m and $86m for programmatic sales, over $100m for direct sales and a ton of xrp being loaned out, or distributed as part of other agreements. As usual, all my numbers are guesswork and as soon as I click send, I'll find loads of mistakes, please consider this analysis as a simple diversion from other mundane aspects of life. edit : deleted an image pasted by accident and fixed some typos
  3. 21 points
    https://www.globalcryptopress.com/2019/01/exclusive-members-of-us-congress-from.html For some perspective, just in the first half of this month (Jan 1st-Jan 15th 2019) cryptocurrency startups raised $160 million. Look at where those funds went - Canadian based companies brought in a hefty $80 million, the Netherlands $10 million, the UK around $5 million... but the USA? Bottom of the list with an embarrassing $100k. Remember, that's just half of 1 month - imagine a full year. That's not the only downside for the United States and it's citizens. Even if a startup in the cryptocurrency space isn't located in US, doing business with someone in the US means they must follow US regulations as well. Not wanting to deal with it, they've ignored the country entirely. Once the birthplace of countless breakthrough technologies, the United States now finds itself being abandoned, and ignored. But there's light at the end of the tunnel. I have now confirmed that the Token Taxonomy Act is on the verge of being introduced in the House, where it will soon begin the process of becoming law. The bill's original authors, Congressmen Warren Davidson (Republican, Ohio) along with Darren Soto (Democrat, Florida) are working together to give it a bipartisan introduction. Speaking directly with Michael Hiles, Congressman Davidson's adviser on the issue and CEO of blockchain solutions company 10XTS, I was able to confirm a target date of February 14th (Valentines day) for the bill to be officially introduced.
  4. 16 points
    Stedas

    Ripple - Company Profile (INFOGRAPHIC)

    Ripple - A fintech company for the 21st century This infographic shows the company profile of one of the best Fintech companies in the world today. LINK: http://stedas.hr/ripple-fintech-company.html Share and Retweet! Thanks! Grate Company Great Team Great Vision
  5. 14 points
    I find David Schwartz disturbing. He’s so concise, I imagine that his thoughts are precompiled in JavaScript within his brain before being executed. DavidSchwartz.exe
  6. 11 points
    jbjnr

    Q4 analysis/prediction

    What's interesting is not that they're selling more than they're making out, but they are distributing more than they are selling. I want to know where this is coming from and more importantly where it's going to. This is part of ripple's internal activities that are building the markets that will be needed for the IOV and the potentially revolutionary changes that are going to happen in the money markets if xRapid takes off as we all hope it will. My investigation is just my way of poking through the numbers to see what I can find that helps me understand the xrp ecosystem. Ripple would be foolish to reveal too much of what they are doing at the moment as they need to keep the competition guessing and not overtaking them in terms of technology or strategy. You might think that I am concerned or disturbed about ripple selling so much xrp, but if you read the post in my previous thread, I said (twice) that "ripple are looking after us". By selling tons of xrp they are creating the markets we need for global adoption. Recent threads on this forum have gone into very long winded rants about the way xRapid operates, about the way money is valued and about the way financial markets work. Ripple clearly understands all this very well and also that giving away xrp doesn't have the same effect as selling it. Individuals and Organisations purchasing xrp with skin in the game is what we need to build liquidity. The slow but steady increase in volume we're seeing and the increasing distribution are part of this long game. I'm just trying to find out how the game is evolving as it happens.
  7. 9 points
  8. 7 points
    BruceWhale

    Paris Fintech 29-30 January

    THE surprise with CA ( official Ripple partner ) The speculation :
  9. 7 points
    Oh please, not another black or white thinker again! You like to polarise don’t you? Left: the intelligent group which is questioning XRP’s future, on the right, the moondummies. You do that in real life too? So tell me: can you give me names ( tags preferably) of the dummie side? Do you dare to engage them in person? And what are those “ higher IQ traits” anyway? So you can derive ones IQ from ones opinion? ( with a few posts on a internetforum with virtual caracters as sample ?) This statement surely reflects on your own IQ.
  10. 7 points
    Because 99% what people come up with, has either been discussed dozens of times and debunked. It is getting old. Let’s make a 20th topic about XRP being a security, or 5th topic about richtlist or what about Jed? Maybe we could discuss some extra FUD about him that has already been dealt with in 50 topics before. It is getting tiresome to keep reading the same non-sense or exact same debates that come up every other month or so. Use the search function to find out what you’re looking for or in the case that anyone actually has some interesting NEW insights to share about those topics, I’m all ear. But thusfar, that is very very rare. Just look at this topic, the topicstarter is a clear FUDster with an agenda. Otherwise he would make a post adding value to the conversation or come up with something new and interesting. But nope, same old, same old. Just sad.
  11. 6 points
    That's exactly reason why this place lost some great posters able to bring substance to the discussions, unfortunatly. Just some examples like Caligulazbaby, Kings and Queens, John Snow and so on. Have they been always correct? Of course not, but they were at least intellectual stimulating figures, at the opposite of certain people in this topic!
  12. 6 points
  13. 6 points
    Hi all, Plug for tonight's show... tonight (9pm UTC) I'll be talking about ledgers, exchanges and trading. I'll also be trying to dispell some of the misinformation around the whole 'two ledgers' conspiracy theories that are going around at the moment. So tune in, and I look forward to seeing you there: https://www.youtube.com/watch?v=E1le3PvwndE -Matt
  14. 6 points
    The XRP logo and campaign of "XRP is not called ripples, is not = Ripple". Out of nowhere a "community manager" or whatever appeared here and on social network sites, she "created" a XRP symbol and it gets voted. Didn't hear from her for quite a while. Like it was just a puppet character for the whole purpose of an illusion "community decided" XRP symbol when it was in fact a Ripple employer. Kind of strange.
  15. 6 points
    jbjnr

    Q4 analysis/prediction

    I agree with all you've written. I played around looking for sources of data that I could use to try to correct the x10 difference between my volume and ripples assumed volume but decided to go ahead and use the current figures for now (otherwise the Q4 report would come out before I was finished). I wanted to try to guess first to see how close I can get. I suspect that the data ripple are using and what I need to look into is available from https://developers.ripple.com/data-api.html#get-external-markets the external markets API. I have tried a few simple queries, but not tried hard enough to do some proper data mining and finding the numbers I need. Ideally I want someone else to collate all the data for all XRP currency pairs and sum it up and then I can just work with that. It was only this weekend that I noticed that the 0.17% figure was mentioned in the Q3 report - previously I had only paid attention to the sales volume and not % of total. I thank @Hodor for bringing this to my attention in some unrelated post. I will investigate other sources of volume data as I'd like to get my numbers as exact as possible. I will of course post it here if and when I make improvements
  16. 6 points
    Tinyaccount

    Q4 analysis/prediction

    You sir, are a precious gem in our wide field of users. Thank you for your thoughtful and massively well researched posts. Well done madam or sir.
  17. 6 points
    Being Dutch, Gottfried maybe fell victim of the “ Dutch disease” : Wikipedia: the Dutch disease is the apparent causal relationship between the increase in the economic development of a specific digital asset ( e.g XRP) and a decline in other sectors (traditional services like Swift) I guess he has to stay in bed several weeks with high fever.
  18. 5 points
    My issue isn’t with ripple but the people that expect ripple to do everything for them. Like people except ripple to solve all their problems. Let them work dammit!
  19. 5 points
    The likes of me? I dont spread fomo nor fud. Rather objective and level-headed discussions. Clearly you are just salty(again), because you bought at ATH. Still blaming others I see. I bought at ATH as well, bur rhanks to extensive research and being able to distinguish FUD and facts, I know what the potential of XRP is and how market cycles work. You bought at the top, and are deeply in red. Get over it already, or go do some actual research instead of being the pitifull sad persona p!ssing on others all the time. That is getting old as well.
  20. 5 points
    Actually I’m bothered by everyone who’s richer than I am. But when XRP moons they’ll all become my best friends.
  21. 5 points
    I think I can answer for OP as I am also disturbed by the richlist. The issue is to be a 1%er you need 73k+ XRP. I don't have that yet - so that's deeply disturbing to me. In all seriousness it's arguably obvious that OP is disturbed by how insanely rich those who have fat wallets will be e.g. Larson, Garlinghouse, Schwarz. If XRP rockets, Larson will end up way beyond Bezos/Gates on paper. I do agree but I think at that level, individuals can get that rich once it's aligned with the other most powerful people. So I don't really see it as an issue. Slow regulatory clarity concerns me the most. Second to that, no major FI's using XRP. Sure we have some small players starting to dabble in it but we need big names. Of course the plan is to build up liquidity from small players to large ones.
  22. 5 points
    Professor Hantzen

    Q4 analysis/prediction

    This is a great report. I love the detail and the work you've put into it, and your insights. There is one thing however I believe may be incorrect. Your % calculations for total volume as according to your listed source, appear to either be relying on incomplete volume data versus Ripple's provided figure, or are comparing against the wrong figure. Either and/or both of these is why your percentage values are significantly higher versus theirs. There possible two issues I see here: 1) Significant differences between sources of "total volume" data. There are many exchanges, and many conflicting sources of volume information as sources will arbitrarily include or exclude large volume exchanges in their "total volume" figures. For example, the figure right now on your source cryptocompare for the past 24 hour volume of XRP trades is USD$175M, whereas it is USD$411M for the same time period on coinmarketcap (which is also a more widely used source of such data). If Ripple used the latter and you used the former as the source of "total volume", your 3% figure would be wrong by a factor of greater than 2x - and that's just the difference today. How does this factor vary on other days? The figure for the past month on coinmarket cap has a range of 376M to 1.6B for the past month with an average of 563M - I can't find the respective figures on cryptocompare (which is somewhat worrying...!). There are many such aggregators of market volume, all presenting different amounts of volume from varying sources. Further discrepancies arise from the choices these sites make in their reporting such as whether to include or exclude particular exchanges that offer their customers zero-fee schedules for example. Such exchanges are more open to artificially-inflated volume figures as a result of wash trading (which may be encouraged, or even instigated by the exchange). One source that claims to include "all" exchanges is coinapi (however, we have no clue as to what criteria coinapi uses to decide whether an exchange is counted as "an exchange"). Important to bear in mind is that there is also a huge amount of fake volume regularly entering and disappearing from all of these sources. Eg, a new unregulated startup with 3 employees could launch a zero-fee exchange with an army of bots "trading" all of the popular coins back and forth in previously unheard of billions of volume, rocket to the top of the exchange volume charts on only coincompare, and coinapi, but not coinmarket cap (who decided to exclude it for example), and suddenly be responsible for 50% of all trading volume on those sources, but not the others, throwing Ripple's, and anyone else's volume % calculations completely out, depending on where each party is sourcing the volume for their calculations. Such calculations may then change again when the exchange subsequently comes under regulation and investigation, it turning out to be a complete fraud, and the three employees arrested, the customer trades reversed and funds returned and the exchange wound down. Exactly this kind of thing has happened, and is ongoing right now, in Korea and China, for example. And during the 2017-18 bull-run, owing to the dubious nature of Korean exchange volume and pricing differences, coinmarketcap famously and controversially removed all Korean exchanges from their volume and pricing calculations for a while. (And an interesting point might be - did Ripple include any values inadvertently sourced from any such exchanges in their reports made at that time?) 2) XRP trade volume when traded against USD, versus XRP volume when traded against ANY asset, and the resultant figures each normalised into USD and then combined. I notice that cryptocompare reports the latter figure on the front page, but when going deeper into analysing an asset, it reports only the first, significantly smaller subset figure, providing the user with the option to choose which asset to examine. I didn't spend long, but I couldn't find a way to show the actual total including all assets, and normalised into a particular currency such as USD. I do note that the amount of difference between the USD subset of total XRP volume is 14:1 today, which is in the same ballpark as your reported discrepancy of 0.17% versus 3% (17.6:1). Are you possibly also using the wrong "total volume" figure versus Ripple? I believe they are reporting the second figure, that is, the total XRP volume when traded against ANY asset, and the resultant set of trade volumes all normalised to USD and added together (which is not simple to do accurately as it has to be done for every asset at the USD rate corresponding to that of the time the respective trades were made - indeed it is possible that various aggregators shortcut this step and simply normalise at the current price, which would result it wildly different reported figures again). In either case, it's not possible to usefully compare without asking Ripple how they are and how they have been calculating their total volume throughout. I would caution that attempting to form conclusions based on such a comparison is possibly not useful to the point of being significantly incorrect. Have you asked Ripple what source they use? They certainly seem to be very open, maybe they've even answered this question already.
  23. 4 points
    Amigo

    Bakkt - Starbucks - XRP

    News is swelling a bit about a Bakkt application to convert digital assets at Starbucks-payments and they will market it significantly https://abacusjournal.com/bakkt-behind-the-pending-launch-faced-with-an-unexpected-delay-bakkt-prepares-massive-roll-out-and-marketing-blitz/ About a year ago, the executive chairman of Starbucks mentioned that cryptocurrencies are coming, yet ruling out bitcoin https://www.cnbc.com/2018/01/26/starbucks-schultz-a-digital-currency-is-coming-but-wont-be-bitcoin.html In august, Starbucks mentioned that paying directly with assets like bitcoin will not be the case, but there will be an exchange step in between. http://fortune.com/2018/08/06/starbucks-accepting-bitcoin/ Now, obviously Bitcoin transaction costs are at most moments too expensive and the involved speed too slow to make it usable to pay a cup of coffee. Bakkt could off course offer an app with which you can "upload some value in Bitcoin to a Starbucks wallet" yet convert it to USD at that very moment, but that's zero innovative and in essence creating consumer-mini-nostro-USD accounts at retailer businesses. As Bakkt is handling things carefully and will have done their homework, my take is that Bakkt will offer some form of XRP-integration as it's basically the only liquid coin with enough speed and low transaction costs enabling instant conversions (enabling sort of an xRapid for retail payments). PS. With the additional 51% attack risks of Proof-of-Work coins like Bitcoin I still find it odd that financial products like futures and ETF's are requested for approval for bitcoin only and similar products for XRP are not being applied for approval. But I guess that's food for another topic.
  24. 4 points
    There are plenty more sources of information than XRPChat only. And I am not talking YT or Discord. Actual factual research about XRP, financial markets, bubbles, market cycles, investment companies, banks, accountancy bureays and much more is simply googable by me and you. Some choose to only see what is right before their eyes: a declining price. Judging an asset on it’s price is the stupidest thing to do in investing. I’ve learnt that the hard way. It goes both ways too. Dont buy in fomo times, dont sell in fud times. 99% of the people complaining about their investment do the conp,ete opposite. Learn from your mistakes, then change your tactic and adapt. It is not that hard. Oh and never blame others for your own decisions. That goes both ways too: dont blame moonboys for a declining price, dont blame fudders for a decreasing price it is what it is, just g along with the flow of the market and learn from experience. damnant quod not intelligunt - they condemn what they don’t understand
  25. 4 points
    I guess it's not a knock on Ripple per say....but I'd really appreciate more clarity around Arthur Britto and his day-to-day involvement in the Ripple and/or satellite project ecosystem involving digital assets / XRP.
  26. 4 points
    Some of you will become rich despite your biggest efforts. Some of you think that your scepticism makes you smart but exactly this attitude is limiting your mind , you clearly don’t see the big picture. So much is happening week by week for ripple and for xrp , yet you see nothing
  27. 4 points
    I do struggle to understand pessimism sometimes. Probably because I have a laid back nature. That said though, approaching this space with ‘DYOR’ and ‘only invest what you are willing to lose’ in mind, surely most folk should be optimistic and confident in their investment with the availability to sit back and relax a bit.
  28. 4 points
    Here comes another FUD journalist searching for new material
  29. 4 points
    jbjnr

    Q4 analysis/prediction

    Marvellous response. No real answer to that is there! Some people like to relax by watching sport on TV. I'm not one of them.
  30. 4 points
    jbjnr

    Q4 analysis/prediction

    Programmatic sales look to be slightly higher, but not by a huge amount. OTC sales might be off the charts. I suspect that most of the 'missing xrp' is part of R3 settlement that was previously classified as undistributed and now distributed, but sadly we are not privy to this knowledge to we can only speculate. No doubt when the Q4 report comes out we'll have something new to learn. I'm not sure if founders' wallets are part of the undistributed category or not. To answer some more of these questions I think I need to use the bigquery dataset/database and do a bit more rigorous digging (and adding up), but I've not had time to look into that as yet. Too much work to do. It may be that some of the founders' sales are part of the missing xrp category. As noted by multiple people - not knowing which accounts truly belong to who makes it very difficult to be certain of anything. It does look as though Jed has either stopped his sales or is using different wallets than before. Someone else posted here about that - apologies I don remember who it was. I can't see any sales of his after Jan 11th. All these small changes are clues that things are happening behind the scenes I'm sure.
  31. 4 points
    Raz

    Q4 analysis/prediction

    I love this @lucky. You nailed how I feel about it as well. It’s good to have a healthy “trust but verify” in order to keep our wild minds from going down a road that can quickly make cynics out of saints.
  32. 4 points
    lucky

    Q4 analysis/prediction

    Schwartz words starting at 26:17 are appropriate here.
  33. 3 points
    https://bef.latoken.com/davos Instead of SWIFT CEO, the new speaker will be " Michal Krupinski, President of the Management Board"
  34. 3 points
    Thanks for the thoughtful reply. I can't imagine Ripple wouldn't support the Big 4 in fast-tracking their adoption. Whatever piece of the pie Ripple would be giving up you could argue would be coming back exponentially in a rising XRP price. Though this is quite indirect. I agree that 2 customers per week is huge but I think it was Asheesh who mentioned a goal of his is reaching 1000 customers in 2 years recently. ~800 needed with about 240 working days per year. It seems like they will either expand their integration and support team about 10x or piggyback with the consulting firms. Either way, I wouldn't be surprised if they reach or even exceed that #. Exciting times ahead.
  35. 3 points
    Hodor

    The Rise of Digital Assets In 2019

    I have a good feeling about this. It feels like XRP is 'winning' on social media despite the best protectionist efforts by early Bitcoin investors. Their attempts at distraction are starting to fail in a very big way. We don't need P.O.W. destroying the planet just to make a few early Bitcoin investors rich. No thank you. I think most people, even some that have bags of POW coins, secretly agree with me.
  36. 3 points
    Hodor

    The Rise of Digital Assets In 2019

    I got my start working for Big Four consulting firms; typically they will 'talk a good game' to market to potential clients, and they will typically oversell their capabilities and skills by a factor of around 50% in marketing material. That being said, I've heard (second hand with no official source) that three of them have specific practices for blockchain tech. If you look at any software package that's popular, from SAP to SalesForce, each of the Big Four firms will have a practice (or multiple practices for different P&Ls) that purports to have the ability to implement the software and maintain it for clients. I can definitely see the same thing taking shape for Ripple technology, but I don't know if Ripple is completely okay with this or not. If they get a 'piece of the pie' in terms of licensing or training or certification, I can see them going for it. Having the Big Four firms implement ripple tech as a 3rd party would be a sign of growing adoption, so I view it as good news, generally. I only know what's publicly available. I think Ripple has said they're signing two customers per week, or some amazing number. That's a LOT of customers, and a lot of licensing revenue. They are clearly gaining traction, or least a sizable niche market!
  37. 3 points
    so your biggest problem is you bought high?
  38. 3 points
    I believe the opposite. I have seen old screen captures of discussions where 60c per fud post is offered. I have never seen any evidence for a paid xrp fomo shill. Have you got any evidence for your inflammatory statement?
  39. 3 points
    Yes, sadly that is true. But we have decoupled on ocassions and shown some additional strength. If BTC market cycles repeats(like it always has) then XRP will flourish as well(and probably way more). There is no reason to assume that past results will not happen again. They always have, so the biggest chance is they will again. It is not a certainty, but the biggest probability nonetheless. And this is not taking into account the actual utility usage of XRP could change in the mean time. If the cycle repeats, we will enter a bull market in maximum 1 year time, not 7. Again: not a certainty, merely the highest probability.
  40. 3 points
    Thank you for another digest. After such a long period of unrelenting decline we all psychologically take on becoming bears ourselves. It is reassuring when people who have long experience in the crypto-markets express confidence about the future of our investments. I am not confident that Bitcoin will take off in the same way that it has in the past (although I think it likely that it has one more bull cycle in it before it is abandoned because of its tech weaknesses). A Bitcoin crash now would probably have the gravitational pull to crash the XRP price too. I am confident that the XRP story will at some point break and go viral (maybe still months away). Everything is now in place (except perhaps a SEC ruling). All the research has been done, the Bitcoin maximalists have had their chance to throw FUD and missed, early adoption is now under-way. For this reason I am confident that all XRP needs to do is cross certain thresholds in media attention, as soon as that happens all the elements will combine in an explosive mix that will launch XRP like a rocket.
  41. 3 points
  42. 3 points
    My answer to those who throw the'Rich' statement at me: 30 years ago the thought of someone being worth over One Hundred Billion Dollars was unheard of, it was the stuff of fantasy. Digital Assets will create the first wave of Trillionaires and 30 years from now we'll look at these people as we look at the Gates' and Bezos' now.
  43. 3 points
    People in this thread is just giving ispiration to whom is probably paid to find completely new FUD topics, I would refrain from responding.
  44. 3 points
    Great job, keep it coming
  45. 3 points
    pucksterpete

    The Rise of Digital Assets In 2019

    Me 1st, GREAT job bud
  46. 3 points
    Staigera

    Q4 analysis/prediction

    Whats the point of all this research? Do you people like to do this sh!t in your free time? Seriously does it help you sleep better at night knowing all this data. You guys are like machines since I am in this sh!t non stop research non stop debating non stop speculation. Yes many can argue with telling me; "why the fuc*k am I here reading" and I would tell you yes that's all I'm doing reading 10 to 20 min a day. Because I'm not gonna sell so wanna see what's going on with XRP. But you guys seem obsessed, I'm just curious a whole year non fcking stop XRP XRP XRP XRP It's like it's all you guys have in your life. Yes I'm ready for a sh!t ton of negative counter comments because this can be a sensitive subject when so many are obsessed with a asset they can't influence 0.00000001% Just freaking watch the market till it finally goes up and read the news. Go spend some time on your career family friends. Instead of being here 24/7 doing anual reports. Why would you do that??? Get a hobby man? Or is making annual reports for free your hobby? If so come and work for me in my business and make my anual reports. Ugh what ever. I just don't get it. It makes zero difference, it will go up or not in the end. In the beginning I was so focused on XRP read every day about it. Neglected my business spended my free time reading researching, for what??? It's in a nano waiting for the moon DONE! If no moon okey fine I make another 100k just like I did before. Now that I finally 'reattached myself from it I see the entire picture, it's so unhealthy. And it's all for Sh!ts and giggles in the end. Because the market does the unexpected anyway.
  47. 3 points
    k33bym

    Proof of Coinbase adding XRP?

    This may have been posted previously but I couldn't find anything myself when searching the forum so apologies if this is the case. I know Coinbase shouldn't really matter but it is usually where most of the beginners to the crypto space begin which would in my opinion have a dramatic effect to XRP (price will probably go down further based off previous events of good news) fingers crossed up. What's everyone's thoughts on this, mainly in regards to authenticity?
  48. 3 points
    Truckdriver

    Bakkt - Starbucks - XRP

    http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup/ a good article about Bakt/NYSE mentions their thoughts on Starbucks and bitcoin, I hope your right and the possibility of XRP being utilized, it makes sense to us , but we'll see with these sneaky bitcoin maximalist or they use both ? Whoever uses bitcoin will die of thirst
  49. 3 points
    lll_lll

    Q4 analysis/prediction

    Really awesome and in-depth analysis. This is where I wish we had a Tipbot integrated into XRpchat.
  50. 3 points
    Tinyaccount

    The Next Bull Run: A Projection

    I seriously doubt that would be a problem. Two reasons. First is that many have bailed or DCA’d already. Second is that if there is a run the volume will dwarf any tail-end exiters because there are so many more ways for new folk to get on now. Also there has been more prominence to crypto than ever before (good and bad publicity). Third (I’m cheating... ) is because many of those who are still in and underwater, have had more time to actually understand the fundamentals and may realise there could be much higher returns by holding. Also if there is a bulk run associated with real world usage then the volumes might be significantly boosted beyond just speculation. It all depends on what the trigger is... if it has a component of actual heavy usage then it’s unprecendented and could behave differently than any previous speculation- only runs.
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