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DucPeter

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  1. Like
    DucPeter got a reaction from OneViking in Hi! I'm Bob   
    @BobWay I sometimes feel a bit like a noob, being a complete outsider, not knowing exactly who-is-who in the Ripple community or being familiar with Ripple's history in detail. I only found out about Ripple some 1.5 years ago and decided to invest for a medium / long term because I was very impressed by the whole concept and felt confident about its future. And I still do.
    While I hadn't heard about you before yesterday, I have to tell you how much I appreciate your posts and detailed answers. An insider's view on the Ripple company (that is still a bit of a black box to me) and on market development gives me a better understanding of Ripple in general. Thanks, man! Hope to enjoy many more of your posts.
  2. Like
    DucPeter got a reaction from Baka in Coinbase implications on xrp base pairs   
    Still waiting...
  3. Like
    DucPeter reacted to Spunkmeyer in Hi! I'm Bob   
    Dear @BobWay, I am having a fan boy moment thank you!
     
    On a serious note I would like to thank you for all the invaluable information you have shared with us. It is amazing to see the sheer ammount of work and effort you and all your colleagues have put into Ripple.
    I don't want to bombard with questions but just pass on sincere respect for your time.
    I hope you have been invited to the Zerpening as you will enjoy the company I think.

  4. Like
    DucPeter got a reaction from HumphreyBear in Hi! I'm Bob   
    @BobWay I sometimes feel a bit like a noob, being a complete outsider, not knowing exactly who-is-who in the Ripple community or being familiar with Ripple's history in detail. I only found out about Ripple some 1.5 years ago and decided to invest for a medium / long term because I was very impressed by the whole concept and felt confident about its future. And I still do.
    While I hadn't heard about you before yesterday, I have to tell you how much I appreciate your posts and detailed answers. An insider's view on the Ripple company (that is still a bit of a black box to me) and on market development gives me a better understanding of Ripple in general. Thanks, man! Hope to enjoy many more of your posts.
  5. Like
    DucPeter reacted to BobWay in Hi! I'm Bob   
    I really hate this question because don't actually have a "gambling gene" in my body. Watching the price of XRP go up and down gives me a huge amount of anxiety. I've actually spent the past six months deliberately NOT looking at the price. I had more than enough stress in other areas of my life.
    But it is a fair question. I think the best answer I can give is to make a parallel with technology. "We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run," Amara's Law.
    I expect there will be price spikes in XRP and other crypto currencies in the near term. However, it is impossible for me to say what the right price is at any instant. I'd like XRP to set new highs over the next year, but really that is just my wishes. I don't have specific information to say "it will happen because of this, that or the other thing".
    In reality, all cryptocurrency prices are set by one thing and one thing only. People's perception of the asset's future utility.
    I personally believe that XRP has a uniquely huge utility value. I'm going to do my best to explain to everyone why I believe that. But do keep in mind that while Ripple the company and XRP the asset are uniquely placed and resourced to succeed. It is possible that individually or collaboratively this all ***** up. I'm going to do my best to make sure that doesn't happen. I hope everyone here will join me in that. 
    ---
    Now that I re-read the question I see the part that says "internally at ripple"...
    Several people left fancy jobs and joined Ripple because (I paraphrase) "If we capture even a minor fraction of the international payments market, do you know the value XRP will need to have to support that! Do the math, (really, really big trade number) / 100 billion XRP = Wow!
    Those sort of conversations always buoyed my spirits and made me smile. But really they also gave me anxiety and made me remember that my job was to "make sure we don't all **** this up!"
    Curiously, XRP price speculation conversation are a bit of a sore spot internally at Ripple. The reason for this is the strange imbalance in XRP ownership among employees. It turns out how vested in XRP you are as an employee depends on the time period in which you started working for the company.
    If you started in Ripple's first year or so, you probably bought XRP on your own initiative. If you started after our pivot toward banks and away from the consumer client, you probably didn't buy XRP at all. If you started during the 2017 price run up, you might have bought XRP regularly in your first few months. Keep in mind I bought XRP at around a penny. Then watched it sink over three years to a low of 0.3 cents. That was not too long ago in my mind. So XRP @ 30 cents is up 100X since I took my last vacation. I have to keep that in mind when I'm pining away for XRP @ $3.
  6. Like
    DucPeter reacted to Roaring_Twenties in Hi! I'm Bob   
    Welcome Bob!
    In reading your discussion on your history at Ripple you definitely should write your book. You have a lot to pull from especially in the formative years and you already have great insight captured in chronological order. Your book could be one that looked back upon 20 years from now as being the one that introduced Ripple’s vision and XRP’s value proposition to the masses and, perhaps, to business leaders who may otherwise have been unaware.
    Your short time ‘back’ on XRP Chat is like a huge breath of fresh air. You’ll likely be shutting down would be FUDsters without even trying or realizing. Your book could also prove popular with those against Ripple’s vision...and even that controversy is good when it comes to generating sales.
    Thanks for your time Bob. You’ve got a lot of people interested in what you have to say.
  7. Like
    DucPeter got a reaction from xrphilosophy in Hi! I'm Bob   
    @BobWay I sometimes feel a bit like a noob, being a complete outsider, not knowing exactly who-is-who in the Ripple community or being familiar with Ripple's history in detail. I only found out about Ripple some 1.5 years ago and decided to invest for a medium / long term because I was very impressed by the whole concept and felt confident about its future. And I still do.
    While I hadn't heard about you before yesterday, I have to tell you how much I appreciate your posts and detailed answers. An insider's view on the Ripple company (that is still a bit of a black box to me) and on market development gives me a better understanding of Ripple in general. Thanks, man! Hope to enjoy many more of your posts.
  8. Like
    DucPeter got a reaction from cg18888 in Hi! I'm Bob   
    @BobWay Wow man..., that's what you are certainly doing here! And exactly what most of us needed here as well. Thank you very much for answering to my post so extensively!
  9. Like
    DucPeter reacted to Zerp_Legend in Hi! I'm Bob   
    And thank you for all your answers . I think I have learned in this thread more than in 1 year 
  10. Thanks
    DucPeter reacted to BobWay in Hi! I'm Bob   
    Ripple as a company can be pretty opaque. Especially if you are not a banker getting regular updates on our progress. I'm happy to answer questions about the people involved historically and currently. The company grows and changes quickly so I'm probably out of date already on exactly who is on which team at the moment though.
    I guess I should introduce myself for those who don't know me. Don't feel bad if you don't. I purposely kept a low profile.
    I discovered bitcoin reasonably early in 2010. I was pondering creating a digital currency for the web (for my own reasons) when I happened into it. I had a bit of a love/hate relationship with bitcoin. I loved the concept of a pure digital currency. I hated the monetary policy and I wasn't a big fan of the community or its "marketing plan". If you check my history (Red) from way back you'll see that I was very off and on in the bitcointalk forums.
    April of 2013 was one of those "on" times again with the bitcointalk forum. Occasionally people called be back to talk about stable coins. It was during that period that I was canvasing to see of any of the alt-coin forks implemented any of the long list of suggestions we had created for bitcoin. That was when I ran across Ripple. It turned out that Ripple implemented all the improvements people had suggested for bitcoin and also a bunch of really cool stuff that I hardly understood.
    So I became obsessive about Ripple. First (unpopularily) discussing it at bitcointalk. Then later at JoelKatz's suggestion discussing it on the Ripple forums. During that period a lot of really smart Canadian's (Singpolyma, dchapes, etc.) from the earlier "Classic Ripple Pay" community taught me an amazing amount about money and rippling. I obsessed so much that after 6 weeks I was the number one poster on the Ripple forum. More posts at that time than even JoelKatz! :-)
    So in June I wrote Ripple asking for a job. I was the 10th hire after the founders. In my 5 years at Ripple I served in a lot of different roles all of which I'm very proud of.
    The original integration engineer Designed Ripple "pre-transaction messaging" system Designed the Ripple Rest API Designed RippleConnect/xCurrent Original product manager for RippleConnect Original member of Ripple research (ILP atomic mode, XRP bridge currency incentive analysis) Original sales engineer once we pivoted to a banking sales model Finally served as intellectual property wrangler between the research, engineering and legal teams I only write al this so folks here will understand the breadth of questions I'm willing to answer. During my time at Ripple I also served is informal historian.
    One of the things I've realized recently is that my greatest utility in increasing the adoption and value of XRP (and rippling in general) is in explaining to other just how well thought out the system is. I hope I can start doing that here.
  11. Like
    DucPeter got a reaction from jpgt1 in Hi! I'm Bob   
    @BobWay I sometimes feel a bit like a noob, being a complete outsider, not knowing exactly who-is-who in the Ripple community or being familiar with Ripple's history in detail. I only found out about Ripple some 1.5 years ago and decided to invest for a medium / long term because I was very impressed by the whole concept and felt confident about its future. And I still do.
    While I hadn't heard about you before yesterday, I have to tell you how much I appreciate your posts and detailed answers. An insider's view on the Ripple company (that is still a bit of a black box to me) and on market development gives me a better understanding of Ripple in general. Thanks, man! Hope to enjoy many more of your posts.
  12. Haha
    DucPeter reacted to MegaNerd in Will you vote on this Poll?   
  13. Haha
    DucPeter reacted to princesultan in SBI website is live for XRP   
    Yep! Excellent news! And it will have the exact same impact on price as the coinbase listing!
  14. Haha
    DucPeter reacted to BobWay in Hi! I'm Bob   
    I am bullish on XRP and I am hodling XRP as well. I also own some Ripple stock. It is only fair for everyone to know both of those things, so y'all can weight my opinions accordingly.
    PLEASE NOTE: I have enough XRP for it to be a significant bet for me personally, but not enough to make me worth kidnapping. You would be disappointed.
  15. Haha
    DucPeter got a reaction from Moonraker in What do you think?   
    Ah..., another poll...! We haven't seen something like this for a long time...
  16. Like
    DucPeter got a reaction from mihaisyblu in What do you think?   
    Ah..., another poll...! We haven't seen something like this for a long time...
  17. Thanks
    DucPeter got a reaction from ThomasTheTGV in MOVED XRP Community Meetup (non-official) in #Amersfoort, The Netherlands, hosted by @Tom_Kuster and @XRPLLabs. April 20th 2019, ~16:30 - ~20:30   
    I'm not on twitter. But in that case it would be nice if the original post was updated.
  18. Like
    DucPeter reacted to VanGogh in Venezuela Launches Government Service for Sending Bitcoin and Litecoin to Its Citizens   
    That's just it. It's a last ditch effort because the crypto they created (petro coin) didn't work after ruining their fiat currency.
  19. Like
    DucPeter got a reaction from VladWSV in Venezuela Launches Government Service for Sending Bitcoin and Litecoin to Its Citizens   
    Doesn't the Venezuelan government have something more urgent on their minds right now...??? I mean, the whole country is on fire!
  20. Like
    DucPeter got a reaction from KaaKaRmA in What do you think?   
    Ah..., another poll...! We haven't seen something like this for a long time...
  21. Like
    DucPeter got a reaction from jorgerios in Coinbase implications on xrp base pairs   
    Man, I can't tell you how much I hope you're right on this...
  22. Like
    DucPeter got a reaction from Raekwon in What do you think?   
    Ah..., another poll...! We haven't seen something like this for a long time...
  23. Haha
    DucPeter got a reaction from Baka in Coinbase implications on xrp base pairs   
    Well, XRP has been available at CB for almost a week now. Is this what so many people have been waiting for? The only thing I've seen so far is that we're going slightly down again...
  24. Haha
    DucPeter reacted to xippix in Xrp added on coinbase pro   
    https://www.captiongenerator.com/1302162/Craig-Wright-hears-XRP-will-be-listed-on-Coinbase
  25. Like
    DucPeter got a reaction from ColonelCryptoCurry in What % of XRP Will You Cash Out at $50?   
    If XRP manages to reach $ 50, then why wouldn't $ 100 be possible from there? So I'll probably stay in.
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