LittleLordFauntleroy

If y'all will allow me to break up the middle school drama for a second (and @Moonraker wonders why people wouldn't want him in the Zerpening club)... I completely agree with @ADingoAteMyXRP here. There's a well-known "s-curve of adoption" that has been shown to pretty accurately map out the adoption of any new trend/technology/idea whatever (theory info here). So such a flat growth pattern, as shown in the table, would be a sign of failure. Of course, the normal s-curve pattern will be obscured by the overall market action, which as we all know does not behave as a rational market. For the record, I'm positive @Chris_Reeves is aware of this s-curve and was just building a table for educational purposes. I only add this to spread the knowledge... TL;DR - I believe the price will follow the typical s-curve of adoption, with deviations from the curve caused by the greater crypto market anarchy we all know and love/hate.

My one-year mark for this London planetree is coming up this weekend! I'm quoting the original photo for reference as a teaser. However, I'm going to cheat a bit and wait for the leaves to bud out before posting my update, which I expect to happen no later than the end of May. Nothing wrong with a little gamesmanship in these sparse times in Cryptoland... Stay tuned!

Still here since August of '17. Looking forward to my Nobel in delayed gratification sometime in 2023... I will not work in a cubicle forever, I will not work in a cubicle forever, I will not...

I love your question because I realize how random my own first exposure was, and I've often laughed to myself about how lucky and serendipitous it was. Anyway, I read a ton of current-events stuff all over the web all the time. One day I came across this article in the New York Times: https://www.nytimes.com/2017/08/03/style/what-is-cryptocurrency.html I'd heard of bitcoin of course, but when I followed up with more research, the description of XRP and its use case CLICKED. Bitcoin and Ethereum didn't make much sense to me then, and still don't.

Also, hat tip to @Hodor for inspiring this post with his latest blog, which included the Kasum Capital message.

As we all know, regulation is a major hurdle holding back the entire crypto industry. Currently, HR 7356 (The Token Taxonomy Act) is "dead", but the US representatives who sponsored it previously have committed to doing so again soon (More info here: https://www.govtrack.us/congress/bills/115/hr7356). To help push this as a legislative priority, I'm sending this letter to my representative. If you are a US citizen, please take a moment to send something similar to your rep. You can find your rep here: https://t.co/iWei0Q1fp1. Don't be fooled - writing your representatives is a proven way to influence policy. This letter is based heavily on a message originally written by Kasum Capital, so all due credit to them. Cheers! Hello Congressman/woman (your rep), My name is (your name), and I'm a resident of (wherever). The reason I'm writing is because there is a bill being proposed by Rep. Warren Davidson called 'The Token Taxonomy Act - H.R. 7356'. I strongly believe that it is in the best long-term interests of both (your state) and the United States to pass this bill, which would support the long-term growth and development of blockchain technology in the US. Countries like China, India, the UK, Switzerland, and Malta are moving quickly and diligently on blockchain regulation, putting the US at risk of falling behind in the race to be a leader in this revolutionary new technology. Currently, the only state that seems to recognize the potential of regulating blockchain is Wyoming, and by so doing, it has already attracted major blockchain companies from outside the US to do business here at home. I hope you will join Reps. Warren Davidson & Darren Soto in moving innovation forward in (your state). Blockchain technology has tremendous potential, and I want (your state) and the US to be pioneers in what will be a a hugely important technology moving forward. Thank you, (Your name)

@MegaNerd Now you're just being difficult...

I want to reiterate, as @Sebastian and others have already mentioned, that the most direct way to invest in Ripple is by being an accredited investor, which requires either a), a net worth of over $1M USD, or b) an annual income of at least $200k in 2 of the 3 most recent years. The idea here seems to be "well, if they already have money they must know what they're doing, so let them invest as they please." More detail here: https://www.ecfr.gov/cgi-bin/retrieveECFR?gp=&SID=8edfd12967d69c024485029d968ee737&r=SECTION&n=17y3.0.1.1.12.0.46.176 If you are accredited, sites like https://microventures.com/ are a good place to browse investment opportunities. They also offer investment opportunities for non-accredited investors (obviously, the opportunities are generally not as attractive). Lastly, not that you asked, but when it comes to investing, this story is one that everyone should know: https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp I'll let you draw your own conclusions there. Hope that helps, and good luck with your investing.

All in good fun! Looks like a funny movie, I'll have to check it out.

@Eric123 I appreciate the response. Getting a better idea of the method behind your thinking is helpful for the rest of us trying to come up with our own conclusions. Some of the people in this price speculation forum, who get real chapped when others ask for explanation of said price speculation, need to chill out. It's Friday, man.

Can I ask for more detail on why you think a run-up would take ~1/3rd the time of the previous run-up?

I completely agree. Normally I give Galgitron a lot of credit - their intense skepticism and commitment to DYOR has always given them a lot of credibility in my mind. But this idea of mob justice is seriously dumb. If the success of Ripple and XRP is dependent on a bunch of angry crypto fans, we're in deeper trouble than any amount of clicking will solve. Just ignore the garbage.

I'm not here to rain on the parade. I just want to temper expectations and show that this announcement is more complex than just "this is huge for the price of XRP!"

In order to settle in XRP, banks would have to hold it, yes. xRapid, on the other hand, uses XRP as a bridge asset, and the end transaction is settled in whatever fiat/currency the bank prefers. Corda currently does NOT integrate with xRapid.