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Gorgalosk

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Gorgalosk last won the day on October 25 2019

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  1. We’re all fine with that as long as those people are us.
  2. What I can’t figure out is WHY Brad would say what he did. Id like to think he and others at Ripple respect the community’s intelligence enough to understand the reaction it would cause. He and the rest of Ripple are going to have to answer questions Non-stop about this until the IPO actually happens. I imagine it will also make the OTC sale of xrp more difficult.
  3. I mean, I respect your opinion but that’s not how venture capital works. I’m sure the investors are getting profit distributions every quarter, but the ultimate goal is to cash in on an IPO or get bought. I’m speaking from personal experience (albeit on a much smaller scale) for what it’s worth.
  4. I’m not sure why this is surprising to anyone? What did you think ripple’s investors were getting in return for their capital? It has always been shares of ripple and not necessarily xrp. Those investors expect to cash in on their investment and that’s done by going public. Whether it’s a good or bad thing is a whole different issue, but the IPO has always been inevitable.
  5. Answering my own question for those interested. I went back and looked at the Q 3 report and the do indeed use the word “pause”. Carry on, nothing to see here.
  6. Just out of curiosity, have the always used the phrase “pause programmatic sales”? I don’t know why I thought they originally said they were straight up ceasing them.
  7. You guys understand that central bank debt is a lot different than some random person's credit card debt, right?
  8. I don’t know why this is causing such a stir. XRP could be used to transfer easy cheese for all I care. As long as the price increases I’m good.
  9. i Continue to stay bullish on my xrp investment but some people here need a Bit of a reality check. We invested in a speculative asset. It’s a gamble. Ripple has never promised XRP holders any kind of profit. Our happiness or money aren’t their concern nor should they be. We’re along for the ride. They aren’t beholden to us. They don’t owe us anything. Us profiting off their success hasn’t ever been part of their equation.
  10. Generally I think it’s pretty clear what types of responses you’d expect to see in this thread since anyone still frequenting the forum: -likely managed their investment risk well and thus doesn’t feel pressure to sell and can afford to be patient. -Trusts the research that lead them to XRP in the first place. -Keeps track of XRP and ripple news and sees that the price doesn’t accurately reflect the growth and success both have enjoyed. -Believes in the ability of Ripple’s team to execute their mission.
  11. This is because it was still OpenCoin when they invested: https://www.google.com/amp/s/www.technologyreview.com/s/513606/big-name-investors-back-effort-to-build-a-better-bitcoin/amp/
  12. Apologize if this is common knowledge. I was reading about some trouble at Thiel’s venture capital fund here: https://www.vox.com/recode/2019/11/7/20953968/mithril-capital-crystal-mckellar-ajay-royan-peter-thiel which lead me down a worm hole to try and find out more info on the Thiel fund that has invested in Ripple Labs. It turns out Thiel’s founder’s fund invested early on (circa 2013 from what I can tell). Thing is, when checking out their website Ripple isn’t listed in their portfolio: https://foundersfund.com/portfolio/ Has there ever been any word or news of Thiel’s fund selling out of there investment in Ripple? Has this ever been mentioned or answered before?
  13. True but that also means that while there hasn’t been a pre-swell pump, we still might get a post swell dump. Because, like you said, it’s all a crap shoot.
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