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xrpmeplease

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  1. Like
    xrpmeplease reacted to Julian_Williams in Brad Garlinghouse leading crypto and blockchain regulation   
    It is impossible for anyone/country looking at cross border payments to ignore Ripple/XRPs contribution and vision of what future cross border payments will look like. 
    Once you pencil in data rich, frictionless, instant, secure, costless, streamed cross border currency into your vision of the future your sight expands across a new landscape that is run on mobile phones, tokenised, no longer dependent on reserve currencies like the dollar, inclusive of backwater currencies of underdeveloped countries.  Your mind races towards imagining what sorts of regulations will be needed for undreamed industries.  Ripple is totemic of this new world order.
  2. Like
    xrpmeplease got a reaction from mariusthegreat in What's your drop dead give up date?   
    I don't understand the drop dead dates people arbitrarily choose and the supporting argument that the competition will catch up...liquidity will be the base utility grows from (as far as I understand it anyways), and that's going to take time to build, so as long as that's improving over time, how does someone magically "catch up"? and I think people need to reconcile themselves with the idea its gonna take years to get there, i'm resigned to anywhere from 3 to 8/9 years before we see any appreciable sustained price upwards movement (which admittedly are totally arbitrary figures as well).
  3. Haha
    xrpmeplease reacted to Raekwon in Charting the course of XRP   
    That escalated quickly..
  4. Like
    xrpmeplease reacted to Panopticon in Suggestion: Burn 50 billion XRP   
    What Stellar did only shows desperation and an attempt to pump the price.
    I do not think there is a need for XRP to burn. If Ripple succeeds into making XRP global bridge currency 100 Billion will not be even remotely enough for the demand. But that will take time, and by time I estimate 3 to 8 years. As long as they keep making steps that lead to adoption, I am willing to wait.
  5. Like
    xrpmeplease reacted to WuWei in How XRP value will rise with utility   
    I think that you pretty much nailed it. It gonna take regulatory clarity, whether or not that soon occurs here, or if starts somewhere like in Japan. Once a decent "map" is sketched out, I believe that banks, businesses, and institutions in other countries, will quickly follow suit and begin building their own pools of xrp liquidity. With the huge amount of xrp created, the corresponding sizes of the liquidity pools attainable is almost unimaginable and the scale of how valuable xrp may one day become in brokering unimaginable amounts of transactions. The IoV is coming, and I believe that it's potential scope is actually hard to grasp. I feel as if it's going to make watching this all rolling out over the next ten years or so, an extraordinary journey. 
  6. Like
    xrpmeplease reacted to ManBearPig in We're all idiots   
    Only invest what you can afford to lose and be prepared for your investment to go to zero. XRP has a higher chance of failing than succeeding. With that said, I bought some more XRP yesterday. 
  7. Like
    xrpmeplease got a reaction from Sharkey in Coinfields XRPL Project   
    I love the certainty behind your statement...the exact thing you hold against the folks that hold contrary opinions to yours.
  8. Like
    xrpmeplease got a reaction from GrumpyDon in Coinfields XRPL Project   
    I love the certainty behind your statement...the exact thing you hold against the folks that hold contrary opinions to yours.
  9. Like
    xrpmeplease got a reaction from jbjnr in Coinfields XRPL Project   
    I love the certainty behind your statement...the exact thing you hold against the folks that hold contrary opinions to yours.
  10. Like
    xrpmeplease got a reaction from Ripple-Stiltskin in Coinfields XRPL Project   
    I love the certainty behind your statement...the exact thing you hold against the folks that hold contrary opinions to yours.
  11. Thanks
    xrpmeplease got a reaction from Freaky in Coinfields XRPL Project   
    I love the certainty behind your statement...the exact thing you hold against the folks that hold contrary opinions to yours.
  12. Like
    xrpmeplease reacted to Duke67 in Ripple: Swift’s real-time payments don’t solve US$10tn liquidity problem   
    It's the traders who hold both XRP and MXN, sellers and buyers, people like you and me. The multitude of it creates deep pools of liquidity. That's why it takes some time...
  13. Like
    xrpmeplease reacted to Duke67 in Ripple: Swift’s real-time payments don’t solve US$10tn liquidity problem   
    You seem to forget what liquidity actually means.
    It's a sheer pool of orders waiting on markets around the world and backed by real money, nothing like BitMex "entertainment" nonsense. Where can you see XLM trading at any significant volumes? Almost nowhere.
    The market also has to be organic. Some simple distribution of 90B XLM to SWIFT users will not work. There must be real holders who paid real money for their tokens, otherwise it's not a market and the entire structure does not hold.
    So calm down Freaky. XLM liquidity is about 2 grades lower than on XRP markets.
    Ripple is doing it very well. 
  14. Like
    xrpmeplease reacted to Caracappa in Ripple: Swift’s real-time payments don’t solve US$10tn liquidity problem   
    Sigh... XRapid is live for just one year and you want instant liquid corridors connected to all exchanges and Fiat pairs around the world... Start a company and change the world in the second week right?

    You often describe yourself as a realist in between all the hopium bringers... I think you give yourself to much credit and you're on the extreme other side of the spectrum. This is not being a realist, this is just a plain old pessimist ******* on everything thats work in progress. But thats for some the easiest way of coping with things I guess.
  15. Like
    xrpmeplease reacted to Caracappa in Checkmate Ripple   
    It's good to see the banking world preparing their backbone to be easily connected to a native realtime bridging asset to connect all walled gardens that emerge troughout the world.
    Makes it a lot easier and much more efficiënt to connect then all those individual legacy systems, so bravo JPM for paving the way!
  16. Like
    xrpmeplease reacted to panmores in Checkmate Ripple   
    Altogether the inefficient corridors and unbanked are probably a market larger than the playing field of the established banks. Whatever competition comes along, I think Ripple gave up some time ago trying to confront the biggest names in banking and finances heads on. These might join, however, eventually, if the Ripple concept proves right.
  17. Like
    xrpmeplease reacted to dik in Checkmate Ripple   
    with decentralized digital assets, trust is global, and the system is permissionless. two very important conditions for an entirely new class of autonomous applications that run on the internet, and are also accessible by the 1.7 billion adults that do not have access to a bank account.
  18. Like
    xrpmeplease reacted to Montoya in Checkmate Ripple   
    How does it alleviate the problem of counterparty risk without an asset? One of these blockchain messaging applications may win out, but they are categorically different than Ripple. It is the token that makes ripple's system special and makes it work. The messaging is all well and good, but at the end of the day, no value can actually move. You need an asset that can be sold on an open market, across borders, and external of the operators of the system. Ripple crowdsources liquidy like Uber crowdsources labor. The forex traders, and us, are independent contractors giving liquidity to the market so banks don't need to have dead cash. It is a better system. Whether it will ever be adopted is anyone's guess though.
  19. Like
    xrpmeplease reacted to kanaas in “SWIFT enables payments to be executed in seconds”   
    Yes and no.... SWIFT has good relationships with banks and very close ties with the global landscape of clearing houses in large networks of participating banks. Ripple fundamentally is aimed to cut out those systems of nostro/vostro related clearing... to replace them by XRP/fiat liquid generating exchanges and XRP value moving. SWIFT CAN hook into this new way of settlement, but only by the grace of their clients (banks)....
  20. Like
    xrpmeplease reacted to kanaas in “SWIFT enables payments to be executed in seconds”   
    You forget one thing.... the present banking system will not fit seamless on a federated valueweb. They can and will try to hook in but at the end the independent decentralised tokens will be those to serve as vehicles for fast moving value, not the deconnected (central) bank stablecoins as global webs will always dribble down to simplicity. Always.
  21. Haha
  22. Like
    xrpmeplease got a reaction from Tinyaccount in Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit   
    don't agree with your characterizations and conclusions, but otherwise a very informative post, thank you.
  23. Confused
    xrpmeplease reacted to Spekul8 in Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit   
    The issue is not whether Ripple makes an effort. I have no doubt that they make best efforts to grow their company, and their technology could save companies money.  Also, I am aware that "Rome was not built in a day". 
    But, the issue is the mechnism under which Ripple as a digital currency operate under what we call exchanges. So here is the real question for me is this: Can Ripple value increase under the listings of what we call "exchnages"?  What I read from the Ripple report is that their digital asset XRP (although necessary for their operation) has a seperate life of the Ripple operation.  Again, XRP Is used, but it does not have to rise in price, and they "Ripple" have the right to continues selling it that way. 
  24. Like
    xrpmeplease reacted to aavkk in Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit   
    Sure, I absolutely purchased XRP with the expectation of profit.  But Ripple has a fantastic and correct argument that they never directly suggested this.  All they have been vocal about over the years is driving utility using XRP (because its the obvious choice due to technical superiority but not the ONLY choice).  You and I put 2 and 2 together and speculated that all this utility will result in the price going up.  The fact that this was done indirectly is precisely my point.  Brad can say over and over again on CNBC that the utility of any asset is what will drive long-term value and I'm betting he's correct.  
  25. Like
    xrpmeplease reacted to aavkk in Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit   
    You've been around long enough to know damn well its far more nuanced than that.  Ripple INDIRECTLY positively influences mine and your speculative move into XRP through its strategic investments with XRP.  When Ripple hires the top resources in their respective fields with the proceeds of XRP I see a very high likelihood of that resulting in a positive long-term effect on XRP.  Maybe we disagree on that point?  I personally feel that Ripple will do everything they can to drive the successful adoption and global utility of XRP for every possible use-case.  What does that mean for the price of XRP?  I'm speculating it will increase substantially- but far from overnight.  My timeline for a successful partial exit is end of 2024.  The internet of value doesn't exist without a digital asset and it seems to me that XRP is still the best choice to fill that necessary position.  I think Praxxis will be something to watch but its still a long ways out from what I can tell.  
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