Jump to content

zerpian

Member
  • Content Count

    179
  • Joined

About zerpian

  • Rank
    Regular

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. Here's tenitoshi explaining what this index is all about:
  2. @AlejoMoreno I think there will be a twofold impact. One is the adjusted selling according to the 'right' volume, and restriction on OTC sales. However it's a riddle why the price doesn't move to the upside now and why it didn't move all the way to the bottom when XRP was being sold according to the inflated volume.
  3. Here's what I don't understand from the report: Ripple was selling according the volume reported from CC. Now, we all know this volume was inflated. Thus the selling pressure should have crashed the price. A crash occured but that's due to general market sentiment and xrp's price didn't fall under the long term support. Moving to the end of Q2, the selling has been adjusted according to cryptocompare's volume, so the price should increase as the selling pressure decreased and xrapid volume (although most probably minimal) kicked in. Am I missing something?
  4. Finally, I'm glad to see this topic being discussed . A few months ago, I pointed out some issues relating to this topic. There are so many things but here's what comes first: Ripple has a problem to attract developers. For that matter, it started the acceleration program but again it fails to attract developers for the xrpl and therefore changed the focus on broader crypto projects. It should convey a large survey to determine the 'why'. Since the beginning Ripple hasn't had any strategy for XRP. It's something but..what Since XRP is not owned by Ripple but rather they act
  5. So according to this logic, XRP not in escrow (6B or 7B) has already been distributed, where as Ripple labels it as undistributed? Or do you mean there is no distribution rate for XRP because everything has already been minted?
  6. Energy bill is actually denominated in kWh, the counter value in fiat depends on where you live.
  7. I see your point of view. It’s a general problem in crypto, there are no standardized names. I mean we still cannot agree what we’ve bought: currency, commodity, asset, tokens,… Anyway, your point of view causes two problems: -what about newly minted coins, not put into circulation/distributed; miners are speculating too. -the main purpose of knowing the distribution/inflation rate (or whatever you’d like to name it), is to have a predictability of the future. If you express this rate in fiat, it becomes a contraindicative metric because of the volatility in crypto, hence worthl
  8. Why do you compare in fiat? Doesn't make sense to me as you don't calculate e.g. USD inflation in EUR..
  9. Hello Bob, I don't contribute much in general. However, I'm trying to stay updated and in that sense I'm very pleased to have met you for your honesty and your brilliant insights. I feel like crypto changed your views on the fact that something that is valuable should also be liquid. I think it has changed a lot of people's view (positively) on life, money, etc. in one way or other. Like in fact borders are imaginery lines, I've come recently aware one day crypto might blur or even make disappear these lines. You can take all your wealth with you on a stick or with an implanted chip: prop
  10. zerpian

    Hi! I'm Bob

    Hi @BobWay, I really enjoy reading your posts. Thanks for spending time enlightinging us, please continue sharing your knowledge/insights/ experience,.. Ben seems to be very good in figuring new names. I somewhere read (cannot find the article) he is also the name giver for cinnamon (cinema + money)... Regarding the inbuilt exchange, Beachhead (a VR game) has committed to use xrpl for exchanging in game tokens and other game tokens Thanks again!
  11. @lucky and yet Ripple has been struggling with this problem since the beginning trying to find the right mixture for a healthy and durable distribution. A strategy is missing, except the one that incentives market makers. I wonder how much of the half billion from the sales went back to these market makers.
  12. XRP the most held crypto by Japanese: https://coinpost.jp/amp/?p=70229&p=70229&__twitter_impression=true
  13. @Hodor You're not saying otherwise but let me underline that I do have confidence in Ripple more than any other company or any stakeholder (in case of BTC) in this market. Having said that, it feels like there is a lack of strategy regarding the distribution. The only thing we know is the graph but the curve doesn't predict anything. Even if one makes assumptions, it should be somewhat realistic. Missing the curve with billions is not realistic at all. The distribution should be accelerated by engaging with the community. That's actually my main point I'm trying to make. While
  14. @Hodor I'm glad to see we're on the same page. Your ideas are excellent! Some time ago, I also proposed a variant of staking but honestly I don't care much how the distribution is done as long as it gets distributed. There are a few reasons I'm eager to see xrp distributed as quickly as possible: -the escrow is missing its purpose: there is already 6B undistributed xrp + around 700M xrp returning back into escrow every month. If Ripple was to dump, escrow will certainly not prevent them to -Ripple published an xrp distribution graph. Although we had a bull run in 2018 - consequently
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.