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Xill

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  1. Confused
    Xill got a reaction from FOOD in Charting the course of XRP   
    Here is the XRP investor song:
    Life it seems to fade away
    Drifting further everyday
    Getting lost within myself
    Nothing matters no one else
    I have lost the will to live
    Simply nothing more to give
    There is nothing more for me
    Need the end to set me free
    Things not what they used to be
    Missing one inside of me
    Deathly loss this can't be real
    Cannot stand this hell I feel
    Emptiness is filling me
    To the point of agony
    Growing darkness taking dawn
    I was me but now, he's gone
    No one but me can save myself, but its too late
    Now I can't think, think why I should even try
    Yesterday seems as though it never existed
    Death greets me warm, now I will just say goodbye
    Goodbye
     
    GL in our new life if this goes to 0$.
    Hooe they enjoy our hard made money
  2. Sad
    Xill got a reaction from FOOD in Charting the course of XRP   
    We have entered the death zone
  3. Confused
    Xill got a reaction from DavyJones in Will ODL cause an increase in price? Some thoughts..   
    Tell me, how can you solve the debt problem?  How can you solve debt problem when the economics relies only on growth and not on recessions? You fake growth by printing money? 
    Last time the fed raised rates the market crashed.. and when market crashes its over. Hope you understand it..
  4. Confused
    Xill got a reaction from Cesar1810 in Will ODL cause an increase in price? Some thoughts..   
    Tell me, how can you solve the debt problem?  How can you solve debt problem when the economics relies only on growth and not on recessions? You fake growth by printing money? 
    Last time the fed raised rates the market crashed.. and when market crashes its over. Hope you understand it..
  5. Haha
    Xill got a reaction from Cesar1810 in Will ODL cause an increase in price? Some thoughts..   
    Im at the gym, as i get home i answer and explain everything .
  6. Thanks
    Xill reacted to Ryyy20 in Will ODL cause an increase in price? Some thoughts..   
    Now this is quite an interesting comment from our man at the BIS Benoit Coeure:
    “Top priority is not CBDC but cross border payments“
  7. Sad
    Xill got a reaction from Caracappa in Will ODL cause an increase in price? Some thoughts..   
    Tell me, how can you solve the debt problem?  How can you solve debt problem when the economics relies only on growth and not on recessions? You fake growth by printing money? 
    Last time the fed raised rates the market crashed.. and when market crashes its over. Hope you understand it..
  8. Haha
    Xill got a reaction from Ripple-Stiltskin in Will ODL cause an increase in price? Some thoughts..   
    Im at the gym, as i get home i answer and explain everything .
  9. Haha
    Xill got a reaction from Lamberth in Will ODL cause an increase in price? Some thoughts..   
    Banks will die after the next crisis. When Ripple says "Banks are here to stay" they tease them. 
  10. Haha
    Xill reacted to Ripple-Stiltskin in Will ODL cause an increase in price? Some thoughts..   
    Ah no, that will take ages. Please invest more time in educating yourself..................“ Luke, I’m not your father” . 
  11. Haha
    Xill got a reaction from WillGetThere in Will ODL cause an increase in price? Some thoughts..   
    Banks will die after the next crisis. When Ripple says "Banks are here to stay" they tease them. 
  12. Like
    Xill reacted to SamIam in Will ODL cause an increase in price? Some thoughts..   
    Interesting discussion. Nik leads the XRPL development team. That's an entirely different world from sales and business development. I'm sure he has a pretty good idea - not all the pieces. I think it's funny you guys are talking about gift cards being a use case. Did you forget about Interledger?
    Will the central banks try and come up with their own solution to remain relevant? Of course they will. Does that guarantee their success? Far from it. Ripplenet levels the playing field and if you hadn't noticed this evolution is happening from the bottom up. Sure it leverages the existing CB infrastructure today, but that's because the network effect with Crypto, and banks holding it, hasn't taken hold yet. When it does there will be no place for them, or at least not in the same capacity they exist today.
    That said it's a real threat that may capture some of the cross boarder market. Look at BRICS, that's exactly what they've been working towards and starting to execute - sans CBDCs. So sure they will capture the larger markets because that's their low hanging fruit.
    However, look at what the woman from Bitso had to say about her region. Do you think they're going to be happy with a CBDC solution? Of course not, it won't serve them or solve their current problems. Ripplenet will. Like it or not, Big banks are on the short end of this stick. Look at the announcements:
    This is the future of banking. Why do I need a traditional bank account if I can have the functionality in a wallet on my phone? Need physical fiat? How long before Moneygram and ATMs offer conversion services? This entire space is about to be turned on it's head by Ripple, and that's just the first wave. ILP is the second.
     
    The SDR was intended to be used as an instrument of trade, i.e. exchanged for commodities like oil. The reality is, they either get stored away by the larger countries that don't need them, or they get cashed in by the smaller countries that do. Used in commerce they are not, and this is why they were a failure. AFAIK, open markets don't have the infrastructure to hold/possess SDRs.
     
     
  13. Thanks
    Xill got a reaction from Julian_Williams in Will ODL cause an increase in price? Some thoughts..   
    In order to bridge a 50,000 usd you will need 2.5m xrp 
    I don't think there will be enough liquidity at 0.02 becaae who would want to buy into a dead market?
  14. Like
    Xill reacted to Julian_Williams in Bitkub servicing seven Thai banks joining ODL   
    Bitkub are becoming Ripples official exchange in Thailand and they have announced 7 Thai banks are signed up to start using their ODL services, see slide Slide at 47.00
     
    Crypto Eri explains it better than I can
    So that is seven banks in one hit!
     
    2020 will be good for Ripple
     
     
  15. Like
    Xill reacted to Elysium2030 in Will ODL cause an increase in price? Some thoughts..   
    I'm insecure.
    but I just bought some XRP the other day.
    It would help me if Brad G. would say at least once that he is "long XRP" and not always just "long Bitcoin".
    But he does not do that. Apparently with good reason.
  16. Like
    Xill reacted to Julian_Williams in Will ODL cause an increase in price? Some thoughts..   
    I am a fan of Tiffany.  She is very intelligent and well clued up, but I cannot make any sense of what she is warning us might happen.  None of it makes any sense to me. 
    Every country in the world needs and CBDC, just like every country in the world need digital Telecoms.  Lots of them will consult ripple and R3 to set up their CBDCs because Ripple set up the ILP and Ripple have the best teams. It is incredibly good news For XRP that the world is going digital.  It enhances the case for a without-counter-party-bridging-asset Central Banks are looking at ways of building rails between their banks - good on them.  If it is a  single corridor rail like between London and New York they will need a token that converts pounds to dollars and dollars to pounds.  A stable coin will be useless unless the token is constantly sensitive to value changes in the financial exchanges.  Just sending digital dollars and digital pounds to each other does not solve very much, because digital dollars are not much use to a British business paying their bills in pounds.  They will still need someone in Britain who is buying dollars for pounds. Central Banks are looking to create a multi-denomination token.  This just multiplies up the problems of how do you value the tokens without getting wrecked XRP is an elegant solution that avoids all the above I'm jealous!  Can someone tell me who is Tiffany dating? 
    I think the use case for XRP is getting stronger and stronger.  Seven Thai banks joining in using ODL - 100% of India working with Ripple - 80% of Japanese banks in the SBI consortium...endless good news.  Do I think XRP will reach 100 dollars;  Yes I do, but I would not put a date on how long it will take to reach those sorts of levels.
     
     
  17. Haha
    Xill reacted to nikb in Will ODL cause an increase in price? Some thoughts..   
    I normally wouldn’t dignify this tripe with an answer, but I feel compelled to: 
    You must lack in imagination.
  18. Confused
    Xill got a reaction from Paradox in Will ODL cause an increase in price? Some thoughts..   
    Stop wasting time looking at ODL and Ripple parterships. Start researching about the Fed QE'S, low interest rates and what happened when they tried to raise interest rates. Start researching about the global economy, recessions ,  DEBT which USA loans money from fed just to pay the interest on the debt.
     
    I dont believe in ODL and CBDC. All I believe is in the near future we will have one world currency, no banks will be needed.Why I believe in it? well, look at the economics worldwide and what the fed and central banks are doing. This is one giant scam. I believe in the gold standard and I believe in a digital crypto asset with finite supply which anyone with internet will have access to.Before saying this is unrealistic, All countries in this world except North Korea are dealing with the same  problem which banks caused. You wont understand my comment if you dont understand the problem with the current economy.
    Dont you think the banks know how hard they fked the system?. Well, Trump knows it while tweeting "stock market ath" and "Best economy ever" When the crash happens, he will blame it on the fed (and they should be blamed).My bet he will bring back gold standard with digital asset which I bet will be XRP. Current monetary system is broken, everyone who make their own research will realize it. 
     
     
    Remember, this is why BTC was invented. This is the fundamentals of XRP way before any "ODL" "Coil" or "Forte" were built on it. Crypto is the fiat killer and it's about time, Banks can keep printing their shitty fiat same time with low interest rates. One day soon, it will pop.. now the simple people can chose something new that no one can take it from them. this is called CRYPTO. 
    So once again, stop wasting time looking at ODL and Ripple parterships. Start researching about the Fed QE'S, low interest rates and what happened when they tried to raise interest rates.
    It's an "everything that can be purchased with debt" bubble. Housing, education, stock buybacks financed with debt, etc
    Enjoy the show.. The bubble of everything is about to begin
     
     
     
  19. Confused
    Xill got a reaction from Talinos in Will ODL cause an increase in price? Some thoughts..   
    Stop wasting time looking at ODL and Ripple parterships. Start researching about the Fed QE'S, low interest rates and what happened when they tried to raise interest rates. Start researching about the global economy, recessions ,  DEBT which USA loans money from fed just to pay the interest on the debt.
     
    I dont believe in ODL and CBDC. All I believe is in the near future we will have one world currency, no banks will be needed.Why I believe in it? well, look at the economics worldwide and what the fed and central banks are doing. This is one giant scam. I believe in the gold standard and I believe in a digital crypto asset with finite supply which anyone with internet will have access to.Before saying this is unrealistic, All countries in this world except North Korea are dealing with the same  problem which banks caused. You wont understand my comment if you dont understand the problem with the current economy.
    Dont you think the banks know how hard they fked the system?. Well, Trump knows it while tweeting "stock market ath" and "Best economy ever" When the crash happens, he will blame it on the fed (and they should be blamed).My bet he will bring back gold standard with digital asset which I bet will be XRP. Current monetary system is broken, everyone who make their own research will realize it. 
     
     
    Remember, this is why BTC was invented. This is the fundamentals of XRP way before any "ODL" "Coil" or "Forte" were built on it. Crypto is the fiat killer and it's about time, Banks can keep printing their shitty fiat same time with low interest rates. One day soon, it will pop.. now the simple people can chose something new that no one can take it from them. this is called CRYPTO. 
    So once again, stop wasting time looking at ODL and Ripple parterships. Start researching about the Fed QE'S, low interest rates and what happened when they tried to raise interest rates.
    It's an "everything that can be purchased with debt" bubble. Housing, education, stock buybacks financed with debt, etc
    Enjoy the show.. The bubble of everything is about to begin
     
     
     
  20. Like
    Xill got a reaction from melushell in Will ODL cause an increase in price? Some thoughts..   
    Stop wasting time looking at ODL and Ripple parterships. Start researching about the Fed QE'S, low interest rates and what happened when they tried to raise interest rates. Start researching about the global economy, recessions ,  DEBT which USA loans money from fed just to pay the interest on the debt.
     
    I dont believe in ODL and CBDC. All I believe is in the near future we will have one world currency, no banks will be needed.Why I believe in it? well, look at the economics worldwide and what the fed and central banks are doing. This is one giant scam. I believe in the gold standard and I believe in a digital crypto asset with finite supply which anyone with internet will have access to.Before saying this is unrealistic, All countries in this world except North Korea are dealing with the same  problem which banks caused. You wont understand my comment if you dont understand the problem with the current economy.
    Dont you think the banks know how hard they fked the system?. Well, Trump knows it while tweeting "stock market ath" and "Best economy ever" When the crash happens, he will blame it on the fed (and they should be blamed).My bet he will bring back gold standard with digital asset which I bet will be XRP. Current monetary system is broken, everyone who make their own research will realize it. 
     
     
    Remember, this is why BTC was invented. This is the fundamentals of XRP way before any "ODL" "Coil" or "Forte" were built on it. Crypto is the fiat killer and it's about time, Banks can keep printing their shitty fiat same time with low interest rates. One day soon, it will pop.. now the simple people can chose something new that no one can take it from them. this is called CRYPTO. 
    So once again, stop wasting time looking at ODL and Ripple parterships. Start researching about the Fed QE'S, low interest rates and what happened when they tried to raise interest rates.
    It's an "everything that can be purchased with debt" bubble. Housing, education, stock buybacks financed with debt, etc
    Enjoy the show.. The bubble of everything is about to begin
     
     
     
  21. Like
    Xill got a reaction from SquaryBone in Will ODL cause an increase in price? Some thoughts..   
    if  you missed that, i said that i BET on XRP it might NOT be XRP 
    watching Ripple connections.. this is why I bet on xrp
  22. Confused
    Xill got a reaction from PlanK in Will ODL cause an increase in price? Some thoughts..   
    Stop wasting time looking at ODL and Ripple parterships. Start researching about the Fed QE'S, low interest rates and what happened when they tried to raise interest rates. Start researching about the global economy, recessions ,  DEBT which USA loans money from fed just to pay the interest on the debt.
     
    I dont believe in ODL and CBDC. All I believe is in the near future we will have one world currency, no banks will be needed.Why I believe in it? well, look at the economics worldwide and what the fed and central banks are doing. This is one giant scam. I believe in the gold standard and I believe in a digital crypto asset with finite supply which anyone with internet will have access to.Before saying this is unrealistic, All countries in this world except North Korea are dealing with the same  problem which banks caused. You wont understand my comment if you dont understand the problem with the current economy.
    Dont you think the banks know how hard they fked the system?. Well, Trump knows it while tweeting "stock market ath" and "Best economy ever" When the crash happens, he will blame it on the fed (and they should be blamed).My bet he will bring back gold standard with digital asset which I bet will be XRP. Current monetary system is broken, everyone who make their own research will realize it. 
     
     
    Remember, this is why BTC was invented. This is the fundamentals of XRP way before any "ODL" "Coil" or "Forte" were built on it. Crypto is the fiat killer and it's about time, Banks can keep printing their shitty fiat same time with low interest rates. One day soon, it will pop.. now the simple people can chose something new that no one can take it from them. this is called CRYPTO. 
    So once again, stop wasting time looking at ODL and Ripple parterships. Start researching about the Fed QE'S, low interest rates and what happened when they tried to raise interest rates.
    It's an "everything that can be purchased with debt" bubble. Housing, education, stock buybacks financed with debt, etc
    Enjoy the show.. The bubble of everything is about to begin
     
     
     
  23. Confused
    Xill got a reaction from XRP_to_20dollars in Will ODL cause an increase in price? Some thoughts..   
    Stop wasting time looking at ODL and Ripple parterships. Start researching about the Fed QE'S, low interest rates and what happened when they tried to raise interest rates. Start researching about the global economy, recessions ,  DEBT which USA loans money from fed just to pay the interest on the debt.
     
    I dont believe in ODL and CBDC. All I believe is in the near future we will have one world currency, no banks will be needed.Why I believe in it? well, look at the economics worldwide and what the fed and central banks are doing. This is one giant scam. I believe in the gold standard and I believe in a digital crypto asset with finite supply which anyone with internet will have access to.Before saying this is unrealistic, All countries in this world except North Korea are dealing with the same  problem which banks caused. You wont understand my comment if you dont understand the problem with the current economy.
    Dont you think the banks know how hard they fked the system?. Well, Trump knows it while tweeting "stock market ath" and "Best economy ever" When the crash happens, he will blame it on the fed (and they should be blamed).My bet he will bring back gold standard with digital asset which I bet will be XRP. Current monetary system is broken, everyone who make their own research will realize it. 
     
     
    Remember, this is why BTC was invented. This is the fundamentals of XRP way before any "ODL" "Coil" or "Forte" were built on it. Crypto is the fiat killer and it's about time, Banks can keep printing their shitty fiat same time with low interest rates. One day soon, it will pop.. now the simple people can chose something new that no one can take it from them. this is called CRYPTO. 
    So once again, stop wasting time looking at ODL and Ripple parterships. Start researching about the Fed QE'S, low interest rates and what happened when they tried to raise interest rates.
    It's an "everything that can be purchased with debt" bubble. Housing, education, stock buybacks financed with debt, etc
    Enjoy the show.. The bubble of everything is about to begin
     
     
     
  24. Like
    Xill reacted to Chris_Reeves in Will ODL cause an increase in price? Some thoughts..   
    *Longish post warning*
    Okay so we're all speculating that in the long term, ODL will ultimately drive a higher price. But how can that happen? What we've seen so far is that there is, currently, very little correlation between increased ODL volume and the overall price of XRP. That much I believe we can agree on. So does volume actually increase the price? My short answer is no, but all of the factors that are impacted by increased volume "should" drive positive price correlation. 
    As Ripple continues to engage in new exchange partners, these exchange partners begin acting as Market Makers (MMs) and subsequently begin working with high volume traders to become MMs for ODL transactions. That's basically how it works. So, with an increase in overall transaction volume through ODL, this will facilitate a larger need for MMs. These MMs are required to hold XRP on the exchange and fill the order books to facilitate transactions and then they get some economic incentive (differs by exchange). With more MMs come more people purchasing large amounts of XRP on the open market to then use in their market making. This alone will impact the current supply as the economics of market making drive more large scale traders to work with the exchanges to get their cut of the fees. This, I believe, will cause an increase in price, nothing else.
    And don't even get me started on banks. Once clear regulations are in place, I believe that banks, with their large amounts of currency, will begin market making for ODL transactions to get a cut of fees. This could be a huge revenue source for these banks. We could also see banks buying exchanges specifically for the purposes of facilitating ODL transactions for their own financial gain. At this point, the price of XRP would be significantly higher than where we have it today, just from the standpoint of very large institutions own XRP solely for the purposes of facilitating ODL transactions.
    Fast forward 10-20 years, these same institutions are just going to send XRP back and forth because it has a clear value usage in their cross border flows. 
    Long and short, market making is what will grow the price and volume needs to be much higher than where we are today to incentivize more MMs. Ripple is doing exactly what is necessary, growing exchange partners and launching new corridors. The positive price action from the increased MMs will do the rest. 
     
  25. Haha
    Xill got a reaction from ringer2 in Will XRP EVER regain its ATH price? Poll   
    it will go to moon soon with gold standard coming to fix the broken system
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