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Julian_Williams

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  1. Julian_Williams

    Jed McCaleb & XRP

    People should be less fixated on Jed. He probably has mixed feelings towards XRP. Jed's Stellar tends to go up when XRP goes up and down when XRP goes down. Killing XRP's price is likely to kill Stellar price too (unless he sells XRP to buy Stellar) If he wanted Stellar to overtake XRP he failed. In the summer Stellar token price seemed to be catching XRP, in recent months Stellar has rapidly lost in value and is now about one third of XRP price. I expect Jeb wants the cash to spend on Stellar. He has an interest in not destroying XRP price because that destroys Stellar's price. If he only has 200 million XRP that is about the same amount as Ripple sell over the counter every month. Hardly a threat.
  2. Julian_Williams

    Evidence of XRapid at Work

    I would add that there was a time when XRP was being financed by small speculative investors choosing to back the Ripple/XRP dream. It is our money that got XRP up and running. Ripple is now a rich company that can sell XRP OTC to banks at a higher price than if we were not here. The speculative XRP investors also provide a lot of feedback and contain many people like Wietz Wind who invented tipbox, XParrot and other projects. We do a lot of work educating and spreading of the word about why XRP is not just another version of BTC (Hodor). Yes I agree there are the 589 nut-cases as well who sometimes create a false impression about XRP, but they are mostly harmless. Most bankers are conservative and inert careerist. They are ordinary people often set in ruts with blinkered perceptions, but every banker or FI entrepreneur has a family and friends. I am sure the enthused XRP fanbase are often rubbing up against people who Ripple would like to get to know better.
  3. Julian_Williams

    Question re. banks using xRapid

    The XRP community (and ecosystem) put a lot of pressure on Ripple to make these sorts of bullish announcements, then when Ripple don't hit their target date the same people get upset and accuse Ripple of hyping the truth. In September the road ahead probably looked clear, but as happens with all development work nothing works to a preplanned schedule. You should always take these sorts of announcements with a pinch of salt. It was noteworthy that Brad was willing to give a likely time span.
  4. Julian_Williams

    Paper Tigers and Real Bears

    That figures because I also remember that Brad was saying hardly anyone would want to use the insurance package. I think the whole insurance thing was a platitude to put a stop to the FUD.
  5. Julian_Williams

    Swift Fights Back

    Developing a digital asset equivalent to XRP would take years. You also have set up the corridors and market makers, which also takes years.
  6. Julian_Williams

    Paper Tigers and Real Bears

    This time last year Brad was spinning and teasing us with stories of three out of five remittance companies were going to use XRP. We now know he was winging it a bit. In March they pulled back and have been much more professional and disciplined since then. My guess is that Brad had not got out of the habit of winging it a bit when he made these remarks. The FUD on this topic was very strong at the beginning of the year and XRP was falling faster than any other crypto. I think this subject was being brought up by interviewers more than once. I was too naive to see through it, although I have since understood that the purchases are tied at both ends before the transaction takes place (which is the answer Brad should have given). KarmaCoverage has added his points about universal and Atomic systems. We are all learning as we go along, including Brad.
  7. Julian_Williams

    Paper Tigers and Real Bears

    It would take a lot of looking. There was a moment about eight months ago or more when the FUD machines were highlighting the loss during transactions as being a problem for XRapid. I think Brad said it more than once in interviews. They even said they had set up the insurance to cover this potential loss, and they were also saying it was swings and roundabouts, so you win some you lose some and it all balances out so most companies would not think insurance would not be needed.
  8. Julian_Williams

    Evidence of XRapid at Work

    I think you may be right. This recent comment by Birla seems to give a similar impression, he stops short of saying they are operational! (Asheesh Birla): "Mexico is our first xRapid corridor. We're seeing a lot of traction there because it is an under-served population. In these markets, the larger correspondents don't want that business anymore. They're folding and restricting on it so that the largest banks now only take up eight percent of their market. It's just too expensive to operate. So I think that is a perfect insertion point for us to come in with something that is far cheaper than anything else they've been seeing, that we can get up and running in a couple weeks."
  9. Julian_Williams

    Paper Tigers and Real Bears

    back to those words - Atomic and Universal - I am beginning to get it. Thanks
  10. Julian_Williams

    Paper Tigers and Real Bears

    Back in the Spring, when anti-XRP FUD was a big worry, Brad was saying that it would be possible to insure XRP for the three seconds it took to make an XRapid transaction. I think they were thinking on their feet. At present SWIFT take five days to exchange money, do they insure against fiat to fiat fluctuations?
  11. Julian_Williams

    Evidence of XRapid at Work

    Yes I see it that way too, although sales of XRP to public were essential to finance the early costs of their development. Ripple are now interested in promoting their success so far and make the world aware of their progress through their quarterly reports. Including XRapid usage reports adds confidence for all investors
  12. Julian_Williams

    Evidence of XRapid at Work

    Ripple have become super secretive about their new partnerships recently, hardly ever making an announcement. This seems to be a sensible policy and maybe related to confidentiality clauses. I do not see why they need to be so secretive about the volume of XRapid use - which corridors are opening and the approx value of their transactions along these corridors. I don't see why the information could not be included in their quarterly reports.
  13. Julian_Williams

    Paper Tigers and Real Bears

    "crypto is high-risk" (?) . Ripple is already a dominant part of the the DLT / IoV landscape (they invented it). Through the DLT/IoV Ripple has established the bridgehead for their DA into the real world of banking and Fintech. Traditional banking services in Mexico are a failure, but using the IoV these services can now begin to be given. Mojoloop (the same). Ripples bridgehead into real world use already has very deep roots and the opportunity to expand are almost limitless in all directions (remittance, Smart contracts etc). Of course there is always a risk To my eyes XRP looks like low risk. .
  14. Julian_Williams

    Paper Tigers and Real Bears

    You have to have a special personality type to be a successful day trader. Day traders have almost the opposite values to a long term holder. They win by having nerves of steel, favouring short term TA over long term predictions and being aware of what is trending in the media.
  15. Julian_Williams

    Paper Tigers and Real Bears

    We are in a moment of turmoil and it was inevitable. I bought my first BTC on the 10 Dec 2017 on Etoro. I bought my first XRP on the 13th. By the first week of January I was 100% XRP and had developed quite a deep suspicion of the community values around BTC. I then had some awful moments whilst I watched all the money I was making ($15,000 profit) disintegrate into minus $7,000. I sold everything in a moment of despair in the middle of the night (I could not sleep). I began buying back into XRP in Feb and have been building my "stack" in this one asset ever since. In February I firmly believed that by now my XRP would be worth several dollars a token. Over the last year I have learnt that even this calculation was immature. The movements in the crypto market is totally irrelevant to my investment (other than as a buy in price). I am amazed that institutions are setting up exchanges to trade in "crypto" and that anyone takes the BTC community seriously. BTC is so worthless as an real world asset that it must also be worthless as an investment too, but institutional investors have not worked that out yet. Institutional investors are mostly careerists who have worked their way up in large organisations that reward conformity and networking. Worth of crypto is going to be determined by what happens under the bonnet of Fintec products. Clever people, like many on this forum, can guess what Fintech will use in their products and make big money by making speculative investments. XRP is one of these opportunities. Banks are going to use XRP under the bonnet of their products because it is integrated with the ILP and XCurrent. XRP is the fastest, cheapest, most scalable DA on the IoV and it has the the most easy to use Smart Contract software. Most other Fintech companies will use XRP for the same reason that the banks will use it. There will be opportunities for specialists cryptos as well, so there will be opportunities for sharp eyed investors to get in super early on some as yet unknown crypto.
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