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ZIGXRP

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About ZIGXRP

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  1. Recently celebrated my 5 year wallet anniversary. Nothing has changed (for the worse) in all that time to consider this a losing investment, only gotten better. Keep looking ahead, don't sweat the small bumps.
  2. Usually when confronted with being asked to provide a solution to increase distribution - it involves a plan resulting in "getting something for nothing". Meaning the have-nots want something for free or close to it, which is in contradiction to the value of the asset already. Ripple is doing a clear majority of the grunt work to provide value to the XRP ecosystem, why shouldn't they distribute or sell as they see fit. Infrastructure, legal, regulation, marketing, development, research, funding and partnerships, plus a responsibility to their shareholders are not trivial expenses and activities. If they "gave it all away" (or even the majority of it), what incentive do they have to continue doing what they are doing just to enrich everyone else? You want more of it, buy it. There's PLENTY of it out there to get while you can.
  3. But having all of it in escrow ensures nobody can buy it all. And you havent provided any solution to distribution, you're just raising a concern with Ripple having alot.
  4. To be honest, not much. How do they go about increasing distribution? They are unlocking 1B a month and anything unsold is returned to escrow. We are seeing amounts returned, so they are clearly satisfying demand each month. And I see adoption picking up great speed, you sure you're seeing everything going on out there?
  5. Yes, I completely agree - it was intended as a redundant question. Post edit - Now also consider that if Allvor had instead chosen to use XRP to use on the platform, they would be well ahead of the game by now, adopted by the growing community, likely have had Ripple backing, and possibly even Xpring funding to support it. They gave up alot for the sake of using their own token and the motives behind that are questionable.
  6. Allvor could have just used the native currency XRP to develop their platform and services - I see the IOU as redundant and self serving. I would ask (as has been done before) why didn't they just use XRP and develop some sort of revenue model based on the implementation of it? Why the coin at all when XRP is readily available and has many existing payment rails to take advantage of? One could just as easily make the case that Allvor is in fact the one encroaching on XRP utility and using the ledger against it. IMHO a token was created where one wasn't needed - a poor execution of a good idea.
  7. Ironically though, the first movers that stand to benefit most using this payment stream method will be content driven by girls, games and gambling. The three pillars of internet growth.
  8. FB and Google will respond, likely with a subscription service option that removes ALL ads from the platform for users that choose to browse/search via payment stream. It’s not competition, it’s integration.
  9. Bought and sold, bought while being sold, and repeating constantly as value moves. So depending on how much the pool of XRP needs to be for the amount of value moving in and out in a steady flow is your price of XRP. The higher the sustained volume of value in motion, the higher the price needs to be. Whats value in motion? Banks, FI, cross border payments, W3C payments, streaming payments, all these contribute to “value in motion”. You can’t think of it as a single instant buy/sell txn, but a steady incessant flow of funds into and out of XRP.
  10. At the same time, it’s also very encouraging to hear and see these steps being made with xCurrent and (soon) xRapid. Means banks are committed to stay on the migration path they’ve chosen, as they also don’t want to change mid stream for another shiny object that might pop up along the way.
  11. I like to think of it as what happens to shallow waters before a tsunami hits? It all recedes. You thought you were swimming nicely in 10ft of water and suddenly you’re walking through mud back to your beach towel. Did the water just magically disappear? Nope, look to the horizon. It’s coming.
  12. I'll answer with a question. Almost xRapid time....Time to buy?
  13. Somewhere back in late 2013. Probably googling and reading some random articles on various crypto projects. Saw what Ripple was about and a lightbulb, no, nuclear explosion, lit off in my brain. My first address was activated by some kind soul during those tight knit community days aaand here I am.
  14. Or maybe CB is behaving just like the big banker boys, where any levied fines (if handed down) are well below the profits made. Cost of doing "business".
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