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About Kalarie

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  1. Is that a real quote from David? If so that highlighted section sounds exactly like what many people in this thread have said, that is, the XRP sales are being required by Ripple's partners. Logical conclusion being that they want a very diversified holdership of XRP before they do anything that moons the price by any material amount. Also, second sentence on tightening spreads is very close to price control, but not necessarily the same thing. Could just be an effort to create volume, but the fact transactions are made has an effect on price. I don't want to make any accusations of evil intentions, but his first paragraph definitely sounds like a behavior that would result in price suppression, if it constituted enough of the trading volume. Or am I just reading what I want to see?
  2. Actually, this point is why I thought they might be giving away XRP so much. Assuming the math is right, and bank adoption makes the price of each XRP moon, that would represent a massive wealth transfer on paper, which could be come real if Ripple sold their holdings. It's certainly the most extreme profit margin for a company I have ever seen. I'm 99% certain that behind the scenes world leaders, banks, other commercial entities are trying to find a way not to have the suggested wealth transfer on paper even potentially become real, and one way to do that would be to give away the underlying asset to as many people as possible before allowing it to appreciate to absurd levels. They won't adopt XRP unless Ripple divests of it. But if that is the thinking, I really hope Ripple makes one of those transfers to my wallet lol. I actually have a charitable project based on future energy technology that I'd like to donate it to.
  3. The sub 500 was beginning of 17, but the end of 17 was the next bottom at 1500. So if we're guessing at a bottom now, I'd guess 1500-2000 ish unless there is some fundamental change in the market or some FOMO media attention sets in and drives speculation again.
  4. Based on this twitter post alone, my guess is: Walmart in store bank. Back to School promotion, cross border transactions...
  5. I believe XRP will rebound to the mean against the other cryptos before the general market sells off, thus avoiding the below $0.20 fate. I don't have any special proof, but reversions to the mean just seem to happen in life.
  6. https://docs.google.com/spreadsheets/d/e/2PACX-1vT60Kfdscx9tKhH99SNsG8ERUxtva3V4-WTSfec0Ct7_uioQRRunnzFZ6jnVOXX381BwRIorIGmi8HC/pubhtml# That's the link to the file @tar made if y'all need it.
  7. I have $0.413 as the final price on 6/30 so congrats to: @PactaSuntServanda for predicting $0.40 And @RippleGambler for $0.42 On to September!
  8. @Ripple-Stiltskin is actually probably right, if you just listen to what he's saying. There isn't enough liquidity to be driving price moves based on utility yet. So historically the alt coins have done nothing when BTC is rising but the news is nonexistent. But the 2 times in XRP's history where every news site was flooded with crypto news and the public was going crazy, and every cab driver in NY was telling you what 'the next bitcoin would be, those were the times that alt coins, and XRP especially, exploded in price against BTC. Therefore, what @Ripple-Stiltskin is trying to tell you is that bitcoin typically rises first, then creates news and hype around crypto, then plateaus as the alts catch up, then everything drops when the hype is over. Until XRP is adopted by banks per Ripple's business plan, that is likely going to continue being the pattern.
  9. That is a great question, and is how this thread should've started. Based on the current use case position, I would be inclined to think that FIs would eventually like XRP to be just between themselves, which makes it a good idea to get an account early. However, if there is ever a retail use case scenario, then the floodgates open to everyone needing the ability to have a wallet, and the deposit reserve would naturally come down by popular demand. All it takes is one of the FIs to transact with retail customers using a payment channel that runs on ripple and XRP, and competition will drive the adoption from there. Either way, I think the intention of XRP in the long term is to find a price and adoption level that works for being a true medium of exchange, and not be a long term investment. I just don't know what that price level is, and until it gets there XRP could be a great speculative investment. After it gets there XRP could also be a great alternative to hold when you're worried about local inflation rates.
  10. aww, don't dis the pumps. They are seriously helping me out in the quarterly prediction game for this year. I need mid year pumps.
  11. My heart says yes but my gut says no. My sixth sense is leaning towards a flight of relatively minor capital from China/US markets into crypto as a hedge on the trade war this month.
  12. So you're saying someone's xrp was actually frozen? I hadn't heard of that at all. I thought maybe it was a joke about Jeb/Max Entropy when I saw the poll.
  13. In Ripple's case I would guess that lack of regulation certainty is the holdup on adoption/high volume use. I haven't seen anything about another tech being adopted that works better, so it would make sense that the problem is most likely not the product, but the environment.
  14. aw man, that's a lot of reading if you don't follow them all the time. I felt encouraged scrolling through the posts and seeing a lot of profiles that still see active. I honestly thought after last year the number of pre fall of 2017 run up hodlers left on this board would be down to like you, me, and a chicken, bull and pickle. Changing your profile pic threw me for a bit though. I'm slow these days.
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