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  1. Nice job. Keep on keeping on.
  2. Many of the points are valid. A few are out of touch of reality. Noting ripple had "zero" impact on XRP price falling, is nonsense. Such a large stakeholder group (including their employees) selling billions of XRP and having control over developmental aspects will have some type of impact. Then shifting all the blame on whales, is ridiculous. Yes, we all know there are whale groups intentionally organizing pump and dump initiatives. Whales have little impact on the majority of the XRP holders becoming more frustrated and untrusting of Ripple. When people pull their money out of XRP because they are frustrated with Ripple's actions, this proves the Ripple had "zero" impact theory to be false.
  3. I sent a request on the Coil website to see if they can share this information. Businesses typically will not publicly share this information, unless they hit a sufficient target that they feel is beneficial to share. I will forward these numbers if Coil shares.
  4. Can you provide the numbers on growth for both creators and subscribers? For example numbers at start of 2019 vs. start of 2020?
  5. If this is a fact, please please provide the survey data that was used to back up this fact. This statistic is significantly larger than what I am seeing compared to other survey results. For example: https://digiday.com/media/cheatsheet-state-paying-news/. I am seeing this other article from the organization: https://www.americanpressinstitute.org/publications/reports/survey-research/who-pays-for-news/. One of my questions would be if there was sampling bias used for this survey. For example, people chosen to survey that already have a higher interest in news as compared to to the overall US population. Another question would be them mentioning other areas like magazines, TV, and Radio. Not everyone who uses these services intends to consume news, many just want entertainment. Are they including these people in their 53% of adults in US are paying for news?
  6. A couple of issues with your post: 1. It is good advice to now worry and focus on the prices. Unfortunately, your posts have no impact on stakeholders in the community. If people feel upset based on actions taken by Ripple, they have the right and will continue to voice their concerns via different discussion forms. When people have these concerns you realistically have a few options: Avoid those forms of discussion/mute people or push Ripple to correct the actions causing those concerns. Otherwise, your last option is to accept listening to people voice their concerns. 2. You mentioned they are embarrassing themselves... How do you know this, did everyone tell you they are feeling embarrassed? You can not feel embarrassment on behalf of someone else. The closest to this is vicarious embarrassment or second hand embarrassment. 3. Avoiding using long run on sentences may be more effective when trying to convince people to believe differently.
  7. This is false. See J.P Morgan coin here: https://hedgetrade.com/jpm-coin-vs-xrp/. What major differences are you going to point out? J.P. Morgan has a more established leadership team, their digital asset is less volatile, or they don't have a large retail investor group pissed at them? That still makes them a competitor, just with an advantage. J.P. Morgan is currently trialing and targeting to deploy next year, which will be part of the 2020 digital assets with the top 20 banks. Another false statement. You tried to over simplify a topic and ended up being wrong. The success of cryptocurrencies are based on more than just the crypto market following bitcoin. There are other factors that come into play. Example: See cryptocurrency scenarios where popularity and price increase that do no correlate with Bitcoin. There are many scenarios where this correlation is not similar, including inverse relationships. Examples can be provided if you need.
  8. I would recommend to not dream on these exceptions. Below are a few points to consider: Brad's prediction is based on all types of digital assets. Not just the XRP asset. Many of the other digital assets will not have any direct impact on XRP. Some may even have a negative impact on XRP. For example if another digital asset is more successful and becomes a competitor (example J.P. Morgan coin). Investors holding XRP in the last 2 years, will be the worst investment for most XRP holders. The asset depreciated 95% of its all time high in the last 2 years. There are good chances this trend will continue. XRP prices tanked from multiple factors, including: Bear market and Ripple selling XRP on open market. In regards to Ripple selling XRP, many of their contracts are already in place to continue selling XRP in the next few years. It is not a question of if, but a question on when Ripple will re-increase their rate of sales. Ask yourself how will XRP prices spike again? From new investors- Retail investors are burned out and have minimal trust in Ripple and XRP. Do we have any evidence of Institutions mass buying XRP in the short term? Rather than dreaming of XRP to hit a price point, why not focus your money at this time into other investment opportunities with better track records of return on investment? Like stock market or real estate. For example S&P index funds have a long track record on average ~7% annual return rates. Competent real estate investors have been able to get returns closer to 10-20%. These alternate investment opportunities have made more millionaires as compared to cryptocurrency.
  9. There are numerous digital asset initiatives coming up in the near future that will impact the big banks, like the J.P. Morgan digital coin. People need to remember majority these other digital assets will not directly utilize or impact XRP.
  10. I had to look this up, because I wasn't 100% sure myself. Cryptocurrency is definitely not required. It looks like many of the upcoming developments will utilize some type of a token, but this isn't required for all digital representations on the blockchain. I believe there will be scenarios will tokens are not used at all. For example it looks like a lot of real estate initiatives will use tokens and smart contracts. My last employer was researching blockchain solution within healthcare industry (I was not assigned to this project). I believe their solution was more of a private network with no tokens or smart contracts. Making something digital on the blockchain is a pretty generic term, that will probably adjust and have a lot of variations in the future. For example, this is a basic definition of what is required: growing list of records, called blocks, that are linked using cryptography. This video will summarize the basic requirements, better than I can: .
  11. I believe your interpretation of assets and cryptocurrencies is not correct. In the banking industry asset classifications like stocks vs. real estate vs. currencies are very unique and specifically defined. These do often integrate and indirectly impact each other, but sub types in these categories are unique to each asset category. With cryptocurrencies being defined as a sub type of the currencies asset type. For example you can reference to this article on the different types of assets: https://www.policygenius.com/investing/types-of-assets/. For a veteran banker like Jay to consider stocks, bonds, real estate, and gold to be cryptocurrencies; this would be odd to me based on my prior experience working in the banking industry. This would be like going to a pet owner and saying cats, fish, and hamsters are black lab dogs. Below are a few categorization of assets I think is relevant to Jay's example: Real estate: Current real estate structure- Physically printed property titles stored in separate database/systems. Jay's forecasted digital asset boom- Digital property titles and other relevant meta data being stored on block chains. Currencies: Physical currencies- US Dollar. Digital currencies- Including sub types like cryptocurrencies (BTC, XRP, etc.). As well as government implemented digital assets (China is expected to deploy this in the near future). Stocks- A ton of different sub types exist for owning part of a company. Virtual items in video games- Ripple is looking to integrate with these digital video game assets, but my expectations are XRP will still play as the payment/currencies asset type.
  12. It is true that everyone on this forum can not accurately and consistently predict specifics on: if, when, and how much price increases will be during the next bull runs. No one has been able to ever do this for any market cycle in the past. Although, there has been and will continue to be people who correctly predict the probabilities and make money based on these probabilities (buying at start of bull markets and selling when bear market start). At this point of the debate, we are better off setting a reminder in the next few years to see who was able to forecast the closest. A few takeaways: Will there be a next bull run? Yes, if strong fundamentals and growth continue in cryptocurrency industry. Market cycles have been occurring in other asset industries like real estate and stocks for over a 100 years. There is a lot of evidence of growth in cryptocurrency to occur in next few years. When will the next bull run be? We are even less confident about this. There are probabilities based on looking at market patterns. A strong probability is 2020, but there is potential for the next bull run to occur after 2020. The longer the current bear market exists, the lower the crypto prices are pushed, impacting the next bull run. How much will prices increase in the next bull run? No one can accurately predict this. There are too many factors. If specifics are attempted to be debated, you will be wrong more often than not. My expectations on future bull run price increase (please note we have little accuracy on predicting this correctly): We will see a trend of the growth percentages decreasing as we progress forward with future bull runs- As any asset industry matures, it is typical for pricing and frequency of market cycles to be more normalized. We can see this in real estate and stocks. We even see this when comparing sub category of stocks: micro vs mega cap. Will the next bull run be greater than 2000% price increase in 2017? No one knows for sure. Too many factors to consider like how long till next bull run, price changes in meantime, future developments, government actions, etc. If I had to guess, I would say the next bull run will be less than 2000% price increase. In order for price increases to stay at this percentage, substantially more money needs to be put into the market as compared to earlier bull hikes. A substantially more amount of money needs to enter the market for a 2000% price increase when base trading price is $10,000, rather than earlier bull runs like $100. Where will this money come from? 2017 bull run had retail investors with a lot of confidence throwing in large amount of their savings. Sometimes even risking their financial security. I am expecting this will not occur again any time soon, based on impact of latest bear market. Will the money come from other investor areas like financial institutions? If yes, will this even follow a similar market cycle as past? Or will we see a longer and more gradual bull run?
  13. That is a great article, thanks. I would recommend everyone else who holds XRP and cares about trading price fluctuation, to read that article. The author covers the key details on cyclical market patterns and how to interpret this information. Cyclical patterns exist in other major asset industries like stock market, real estate, etc. The crypto industry is still new, so we have less confidence and ability to correctly interpret and react to the cyclical market patterns. The crypto market has strong fundamentals and opportunities at this time, so hopefully we continue to see positive cyclical cycles going forward. Other cryptocurrencies like XRP have even less data (time) to track cyclical trends: https://u.today/xrp-price-to-hit-28-in-next-bull-cycle-in-2020-crypto-trader. XRP and alt coins have historically closely correlated with BTC cycles, so we can epect XRP to most likely follow the next major BTC movements. When reviewing BTC cycles including data from 2019, my interpretation is there have been 3 major bull run cycles in the past (rather than author noting 4). Either way this is still relatively low amount of cycles, so this needs to be cautiously considered. If we assume BTC/crypto market follows a similar pattern, I would expect the crypto market to have high chances of a bull market to start sometime in 2020.
  14. Do you have examples of booms that occurred in the cryptocurrency industry prior to the 2017 event? From my understanding there were a few spikes in prior years, but nothing to this level for the industry: https://en.wikipedia.org/wiki/2018_cryptocurrency_crash. The 2017 crypto boom is often compared to the dot-com bobble because of its magnitude and expectations it will only happen once for the industry. The 2017 crypto boom was so crazy, that exchanges were bottle necked for weeks on accepting new applicants looking to purchase cryptocurrency. I am expecting that this insane level of sudden demand for the whole cryptocurrency will never occur again. We will still see individual cryptocurrencies in the future spike based on successful use cases being displayed.
  15. I agree we will most likely see a digital asset boom in next few years in areas like real estate, that is going to occur outside of the cryptocurrency digit asset. This expectation looks to be aligned with Jay's quote below. Cryptocurrency had its boom in 2017, now it is in fashion. He is not expecting cryptocurrency to blow up again and would rather prepare for other digital assets that will blow up (like real estate). Which makes sense based on his bank's business being focused on areas like mortgages and estate, it will be critical for them to be prepared for these to be digitized on a blockchain. Coming back to XRP cryptocurrency in 2020, I am seeing a lot of what ifs in order for XRP cryptocurrency to ride the boom. XRP cryptocurrency is not gong to directly replace these other types of digital assets. So XRP would have to integrate with these digital assets in a much cheaper and efficient method as compared to the existing financial transfer methods (Credit card, Wire, ACH, etc). I am not seeing a much value gain at this time for paying digital real estate with XRP. What about if video games started implementing digital items as unique items on a blockhain? There could be a need to purchase these on quick and cheap micro transition level. Game companies typically take 2+ years to develop a game, so are any video games currently implementing this functionality? I have not heard of any examples. Ripple is pushing Forte for integrating blockchain into video games, but very little details have been shared on timelines and how this will be integrated. On a software development perspective, I would estimate integrating block chain into video games will take until at least 2021. Possibly longer, if the integration requires the core mechanics of the game to be developed to support digital assets on a blockchain. The above are based on a lot of ifs. A lot of things would need to go right in order for XRP crypto to follow the potential digital asset boom wave. Definitely "could" happen, but this appears to be a unlikely case for 2020.
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