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Zerpple

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About Zerpple

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  1. I don't know about that. I hold 0 Bitcoin, but as a holder of XRP I felt like the questions that were asked were important insight into my investment. Its a shame the responses lacked any real substance.
  2. How do they look "dumber". Ripple IS dumping, and the market IS being affected. Yes, "dumping" in this case is synonymous with "distributing", and the affect might not be as much as some believe, but it doesn't make those who discuss it foolish or "dumb". I would much rather see a conversation that analyzes both the potential positive and great future of this asset with the possibility that we could just be being fed half truths from a startup company desperately trying to make it in a highly completive and stubborn market. I imagine the truth is somewhere in the middle.
  3. Well, I'm out. Knowing these are my fellow investors is probably the clearest sign I've made a poor investment choice.
  4. Riiiiiighhht. Lets start with, what if XRP was actually used by more than a very small number of financial institutions (which may possibly be only Moneygram), or, what if XRP was used by more than a tiny fraction of a single percent of the current total cross border remittances amount. Sure, its nice to dream, but I haven't seen very many optimistic signs that XRP is being adopted in its designed arena of cross bordered remittances. I'm not about to believe that it is currently on the road to replace sovereign currencies. But I'm just some schlub listening to news reports and watching trade volumes, I'm clearly not as well connected as a cartoon bear.
  5. Queuing that one David Swartz twitter about buying a house with $1 vs $1 million dollar crypto in 3.. 2.. Seriously though. I never bought into David's explanation. I agree, what, if any, interest would Ripple have in a higher price. Liquidity can be achieved with a high quantity of low priced tokens. Yes, the transaction is a bit more expensive, but not much, and still cheaper than alternative methods of cross border remittances.
  6. Ripple, yes, for cross border payments, but the task force doing the research for this product didn't believe Ripple served domestic payments well. https://fasterpaymentstaskforce.org/wp-content/uploads/ripple-vs.pdf but who's to say that the FedNOW infrastructure doesn't use a couple of different solutions.
  7. This is indeed fantastic news. <checks price> I guess they haven't started this practice yet...
  8. I'm glad the regulation ball is rolling, but do we like the direction it is going? https://www.fca.org.uk/publications/consultation-papers/cp19-22-restricting-sale-retail-clients-investment-products-reference-cryptoassets What does that mean for us, and the price, if regulations remove the average investor from being able to purchase these assets? Edit: Assuming I am understanding this correctly
  9. Another way to look at this topic. Assuming a circulating supply of 41billion XRP and a circulating supply of 17 million BTC (Dec 2018 values). A $1000 per XRP value is equivalent to a $2.3 million per BTC value. If any one thinks BTC could reach 2.3million per, there is a possibility XRP could make it to 1000
  10. I am curious why Brad does keep promoting BTC. Take for example the recent Fortune interview. Brad early on basically states the only use case for BTC was silk road. However, he then later goes on, as he often does in these interviews, to reaffirm that he's long on BTC and holds it. Now holding BTC in itself isn't unusual, I'm sure many of the members here have some quantity of BTC in addition to their XRP. What I find unusual is that he always brings it up. CEO public interviews, like politicians, always drive the conversation to strategic talking points. Clearly holding BTC is one of his talking points. The only thing that I can conclude is that this talking point is meant specifically for the SEC and is intended to further separate XRP the asset from Ripple the company by showing that the CEO is diversified and not just all in on XRP. Is there any other reason for him to keep promoting BTC like he does?
  11. Buy/sell walls are real, and you need a lot of coin/Fiat to build them. The market is definitely manipulated, but I'm not certain to what extent.
  12. Because it cheapens the integrity of the community. When people come out with unsubstantiated news or unrealistic price expectation (589, 1000, ect...), especially when their information originated from the cesspool that is the Twitter and YouTube communities, they should be called out. If you're going to bring that garbage here with out any legitimate evidence or intelligent argument as to why it is valid, I think a few sarcastic comments are perfectly fair.
  13. If that's truely the case then the only advice I have is to not allow yourself to fall victim to the social media hype. Many, actually I think it's safe to say most, Twitter/YouTubers/crypto sites write what they write to either drive up their traffic (aka, make money) or, due to little regulation, are part of larger effort to manipulate markets. Pay attention to announcements and moves from 1st class entities only, and due your due diligence to ensure those sources actually made those announcements or moves. Don't underestimate the power of human greed or you're likely to fall victim to it.
  14. Based on this post, and his recent MoneyGram post, I'm suspicious of McRipples intentions. Some group is trying to get these rumors to fly. McRipples "innocent" questioning of them seems like an attempt to give them some validation.
  15. What if we combined OP's suggestion with its original name, something like 'Zerp' + 'Ripple' : ' Zerpple'. Nah ignore that, that's a stupid name.
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