TplusZero

Great observations @Chewiecoin ! ??

I think I never saw a Zerohedge article on this, but as part of a small write-up I did highlight a potential connection between rising interest rates and accelerating adoption of XRP/collapsing nostro accounts:

Hey - yes, this is coming from Bloomberg (closed information/subscription system, so I could only share the screenshot).

Hey @Amigo - I really like the idea. I‘ll have a think about it ??

I think Cuallix is having an account at both Bitstamp and Bitso. Market maker A is having an account at Bitstamp, and market maker B at Bitso. Those usually have individually negotiated fees which are way smaller than the 0.25% that a small retail investor gets charged. My best guess is somewhere around 0.05%. And those will be priced into the exchange rate that the market maker is quoting (again, my guess). Cuallix will prefer to use XRP, as the fee for sending it (after market maker A has exchanged Cuallix’ USD into XRP) to Bitso will be near zero (compared to BTCs $20 or ETH’s $2). Also, it might be the tightest spread anyway, as Ripple incentivized market makers are competing to catch payment volume so network effects are being built. Speed is incredibly important and a key advantage for XRP. Stripe dropped Bitcoin support because they had so many failed payments: at the time the payment was completed, payment amounts didn‘t match anymore, as Bitcoin’s price has moved too much (within >1 hour settlement time).

Great idea @OzAlphaWolf ! Also, thanks for linking my write up ??

@Hodor ?? My favourite FUD is: “Supply is too high!“ Well, I guess the +36,000% in 2017 were the right counter...

I have tears of joy seeing that stupid video from Tone and no observable price impact on XRP. FUD resistancy.

That comment by @JoelKatz was in the zerpbox (took a screenshot), so no chance to find via the search function I guess. Anyway, I had regrets shortly after publishing that doc as it came to my mind that this might have caused trouble for JoelKatz (there’s certainly a reason you never hear any Ripple employee talking about XRP‘s price). And he‘s the last man on the planet I want to see having trouble.

Well, my opinion to this thread is that it‘s non sense. And no, I haven‘t read it because I perfectly know what it‘s about after several years of xrpchat membership. There are 4 possible situations: - Ripple intentionally spreads false information to manipulate the market - Ripple partners indicated to be ready to announce their partnership in Q4, but Ripple asked not to announce as they don‘t want to deliver on what they had indicated in their quarterly report - Ripple partners indicated to be ready to announce their partnership in Q4, but partners or Ripple itself had to push back the date for one of hundreds of possible reasons - partnerships will be announced by 31-Dec The first two don‘t sound to be overly realistic. So dozens of people can now discuss for days on whether it‘s #3 or #4, and blame or complain. You can be assured that Ripple employees are working their a**es off 24/7, if that is your concern. People are desperate for a roadmap and every piece of information/outlook - but that comes with a downside: yes, it happens, things sometimes need to be postponed, for various reasons. If community members want to do something that actually helps XRP succeed: help fight the FUD that is spread across Twitter, Bitcointalk, Reddit, Facebook etc. - I can tell you, there‘s a lot, and it harms XRP more than any postponed announcement.

I think it should be. It's a shame that it's not the number 1 topic that the first true evidence that Ripple's first XRP product is having the desired effects on XRP. Considering all the moving parts and risks - it shouldn't be taken for granted. Instead everyone is focused on whether the next annoucement is tomorrow or next week or next month. There will dozens, maybe hundreds of announcements the next few months and years.

I think this is actually more interesting than the timing of the next announcements:

@kanaas If I were Brad, I also wouldn‘t bash Bitcoin. XRP has so much room to grow within the cryptocurrency space. Remember, every exchange, every wallet provider is balls deep in Bitcoin. It makes it so much more difficult for XRP to get traction there if Ripple‘s CEO doesn‘t have a positive stance on Bitcoin, which has (and still is) keeping the entire cryptomarket alive and expanding.

I was asleep - and true story: I had a dream #XRP hitting $2 before year end ?

On your question 1: Same as today, I did believe in the flaws of mining, I did believe that the big potential lies in a pro-regulatory approach, I did believe that a consumer/transactional currency use case will not work out given critical mass across 7bn multi-jurisdictional and heterogenous consumers is too tricky. XRP seemed to be incredibly undervalued vs Bitcoin. And most importantly, I was impressed by Chris Larsen and David Schwartz. I had the feeling they will manage to pivot if neccessary. On your question 2: On your question 3: Basically from day 1.