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enrique11

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  1. Yeah, it does give a "signal", but investors don't know any better and will go with something popular like BTC, BCH, and TRON. Same goes for the institutional investors...they will play it safe by creating a weighted portfolio of the top cryptos, the weights being proportional to the cryptos market caps, again, like BTC, LTC, BCH, and will change their weights to reflect changes in the market cap hierarchy. Right now, the PoW coins are 'hot' because of BTC, so XRP is down for who knows how long.
  2. Governments will not undermine their own authority over monetary and economic influence and power by allowing some other asset to compete with their fiat as legal tender, particularly when they have the capacity to print fiat at will and affect interest rates, etc. Even Japan as crypto friendly as it is has its limits: https://cointelegraph.com/news/japan-crypto-classified-as-crypto-assets-to-prevent-confusion-with-legal-tender
  3. Here's some info regarding the distinction between ETFs and ETPs in a European context, as this XRP ETP is based in Switzerland: https://www.etf.com/sections/features-and-news/11219-understanding-key-differences-etfs-vs-etps?nopaging=1 Interesting article regarding ETFs and ETPs in Europe, but mentions global context as well: https://www.ipe.com/reports/special-reports/etfs-guide/understanding-the-etf-landscape-and-flows-in-europe/10021544.article Quote from article:
  4. I haven't seen the original lenthy video yet, just the synopsis posted by Alex in this thread. Does anyone know if Bob mentioned anything about Xpool? OK..finally got to the ending of this video...short Xpool reference there....very interesting. Liquidity is one of the most important aspect to getting this solution to work for banks. That, and keeping the SEC from interfering with XRP's success.
  5. Someone that knows the difference like us wouldn't have committed such a mistake. When I first saw that article, I thought a customer rep had made a mistake - that was my first thought, and that's likely what occurred - avoid front-desk help is what we learned from this story. ;P~~
  6. oh, live! damn! I thought it was some prerecorded scheisse.
  7. "Bob Way live stream on Alex Cobb" That's some crazy sh*t. 8-o lol..didn't expect that...OK, gotta see that vid now, you know what I'm sayin'? ;P~~ How was it? You didn't post how you felt about it. ;*(
  8. It depends. If it's cash-settled like CBE BTC futures were, then IMO it contributes very little to this space (I think it does more harm than good), because cash-settled means when the contract pays out, it does so in cash, so investors can bet on the future price of XRP using cash which doesn't help the crypto space grow IMO. Also a lot of short-positioned futures relative to long-positioned contracts (this means more investors think future price will go down than up) can give crypto investors (hodlers) a negative impression of the future value of the underlying asset causing some of them to exit their postions partially or worse, so again, not good. At best, some new legacy investors will get indirect exposure to XRP market, but not get their hands dirty in XRP so to speak. Also, speculators can speculate using futures, highly risky, particularly in this instance since the contracts can be entered into on margin (borrowing to enter into contract position, very risky), also, futures might be of use to some XRP investors who want to hedge against future negative price movements that can affect their XRP holdings. The only related post of this news I've looked at so far is the following --->> https://dailyhodl.com/2019/03/27/huobi-announces-xrp-futures-launch-as-ripple-moves-millions-in-crypto/ ...and if you look at the infographic in the center of the article, they put a 'sneaky' reference in there as to how contracts will be settled, stating, This exchange is based is Singapore, but futures (contracts) are priced in USD. I was nervous at first because I thought these futures would be like CBE BTC futures which are cash-settled only, contributing IMO very little to this space, actually keeping investors out of this space by letting them do cash bets on BTC - investors place cash bets and the winners take cash, losers lose cash - no BTC involved. But looking at the following post under Huobi's website --->> https://huobiglobal.zendesk.com/hc/en-us/articles/360000113102-Introduction-of-Huobi-DM It's leveraged trading/betting which means you don't have to put as much down in digital asset to buy futures contracts. The great news is they don't appear to be cash settled, meaning investors will get paid full in the underlying digital asset if the futures contract is in the money when executed - this means investors, some of them likely new to cryptos, can get involved in digital assets / cryptos, IMO helping to grow this space with fresh capital. Also, these are new financial products (derivates) which help expand the XRP ecosystem. Also, large positions IMO likely from institutional investors are not very liquid, so they could use futures as hedging technique against large, relatively illiquid positions I would assume. They don't metion XRP by name, but I feel certain it will apply to it as well - the webpage needs updating. Anyway, the first link above is the first one I've come across about Huobi XRP futures...so I haven't looked at other posts yet anywhere, including this site, so I need time to look further into it to make sure it will be settled fully in XRP. Addtional comment: I was hoping legacy investors could also get involved in XRP by using cash as margin for entering into XRP futures (still settled fully in XRP), but the quote I had above states they use digital assets to get into futures, which means, it's not as enticing to legacy investors...this product targets crypto investors instead of legacy investors IMO.
  9. Stellar's DEX was dominated up until recently by smartlands, one of the tokens issued on Stellar. It dominated by about 52% volume over all other tokens, including stronghold USD. A few days later, things have changed drastically. Smartlands volume has been relegated to 9% of the total volume, and now stronghold USD stablecoin is dominating the volume at 78%, representing more volume ($377,000) than all the tokens had on the stellar dex, including stronghold USD a few days ago ($250,000), and overall volume on the DEX has gone from 250,000 USD to almost $500,000 today. So, stronghold USD is beginnning to be used significantly now.
  10. It's possible, even if the FIs get in before next bull run because, but if it does happen, it will likely take much longer this time because.. * A lot of new crypto investors got burned in 2018, so this mini-bubble will be fresh in their minds for quite some time as well as the minds of their friends and families. *US SEC has put a chill on this space's growth and innovation since US investors are a dominant force in global crypto market cap participation. So, growth will be slower because of prohibitive cost of entry for new compliant ICOs, regulatory enforcement continuing and expanding over the coming years, and regulatory uncertainty of a number cryptos. *the bubble in 2017 was just a mini-bubble based on early speculation and a crypto market infrastructure illequipped to handle the influx of new inexperienced investors FOMOing. Dot-com bubble popped at 6.7 trillion USD and was confined primarly to US investors. Crypto is global, and not every country has participated yet, so there is lots of room for continued growth. Institutional investors have not invested much in crypto yet, because cryptos are a grass-roots movement that has traditionally targeted retail investors and there has been a lot regulatory uncertainty around this new asset class globally prior to the pop. On the other hand, the dot-com bubble had much more institutonal participation subsequent to its pop because it was done through traditional means like VC-funding and stocks. Cryptos are more retail investor oriented, at least currently and regulations are still pending. Once institutional investors get involved, and other countries as well, this space should be worth a lot more than dot-com bubble was so a much bigger bubble with possible subsquent 'pop' is possible. *Crypto market is cyclical: In 2013 and 2017 there were crashes, so it's not unreasonable to assume subsequent crashes will occur, but I think it will take longer for subsequent crashes as the rest of the world gets involved, including institutional investors because increasing global participation will smooth out volatility and risk by spreading it out over the globe and over lots of different countries investors and jurisdictions, so that one country's actions doesn't affect the global crypto market negatively as much, like the US SEC decisions have hurt progress in this space.
  11. Because the institutional players are smarter than we are. They are building the infrastructure first so they can buy cheaply in the meantime and more importantly they can avoid what happened to us retail crypto investors in late 2017 when crypto demand was not being met with new participants onboarding at crypto exchanges, buyer pressure building up, skyrocketing prices, huge bubble and subsequent crash, so that when they invest they don't have to worry about the same consequences that we faced. This is not 'gospel'. just my opinion.
  12. Yeah, there's a lot of variety there, a total of 28 different tokens, but cumulatively they only account for less than $250,000 in trade volume...the volumes are very weak, but market cap of some of these tokens is slowwwly increasing, so let's see what happens over time: https://coinmarketcap.com/exchanges/stellar-decentralized-exchange/
  13. Yeah, it's very coincidental, and I never thought about that, but I won't speculate about it because it's easy sometimes to persuade yourself to accept speculation as gospel given enough time, and subsequent to that initial "what if conspiracy" moment, you might only look out for evidence to support your theory which further entrenches your mind in that belief, and the idea could be completely unfounded/wrong.
  14. Yeah, if Stellar DEX takes off, it will basically become the leader of DEXs considering all stable coins of World Wire available on Stellar DEX are FDIC insured, and Stellar DEX has 0 trading fees...I haven't used it, but plan to in the future, when volumes go up...some of the tokens on the Stellar DEX have interesting use cases with little competition, but then again, tokens are limited in market cap potential when compared to cryptocurrency protocols, so I'm not the biggest fan of the former. Maybe Stellar DEX's utility and volume will take off if?/when STOs and tokenized securities are offered on that platform, and as a result xlm value will go up as well. Just speculation, so take it as such. ;P~~
  15. I think IBM wants to be the network for SMEs (small to medium enterprises) globally, and one aspect of World Wire is to extend public payments functionality to some of Hyperledger Fabric's (enterprise blockchain solutions for SMEs allowing them to build custom blockchain solutions for their businesses) private, permissioned offerings to SMEs, so that these particular SMEs can leverage World Wire whenever they need to make and settle payments publicly (on the Stellar ledger) in whatever bridging asset they agree on. This is not all aspriations of IBM, it's just what feels like an obvious one to me. Just speculation, so take it as such. ;P~~
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