Jump to content

iLeeT

Bronze Member
  • Content Count

    1,022
  • Joined

  • Last visited

  • Days Won

    1

iLeeT last won the day on December 11 2017

iLeeT had the most liked content!

6 Followers

About iLeeT

  • Rank
    Veteran

Recent Profile Visitors

2,051 profile views
  1. Oh, absolutely, I'm not saying Wietse should get $250M, but he should be getting a lot more since they are 3-4 devs as far as I know.. and Coil should be getting a lot less. Heck, there are startups with a lot of employees and super ambitious ideas that need less money to operate. Even Ripple themselves got less money in the beginning.. Would've been better for Coil to get a smaller investment initially and if they meet a certain criteria - receive more XRP.
  2. How so? Give it time, you don't really think Coil will just print out their 1B XRP address and hang it on the wall, right? It's an additional supply that will inevitable have an impact on the market. It's kinda ridiculous that Wietse, probably the biggest XRPL contributor that is a non-Ripple employee, gets 100k while Coil, a platform with a dodgy business model and barely any users, gets $250M. Given the recent news of Ripple reducing programmatic sales I'd expect some of Coil XRP sale earnings to flow back into Ripple.
  3. I'm shocked people still fall for these twitter scams.. they've been around for ~2years.
  4. That's a good question. It would be interesting to see how the market will react - I think the narrative that BTC is digital gold and a safe haven might be pushing it a bit, e.g. when the yield curve got inverted all markets tanked, especially BTC, so at the moment it doesn't seem to act completely like gold. If people start seeing it as a safe haven it would mean that crypto/XRP will do OK-ish (at least not lose much value in terms of USD), but otherwise - I expect a significant price drop due to lack of buying power.
  5. Even if they burn 50% of their stash this won't guarantee a pump in price anyway (at least not a sustainable one). The amount left is more than enough to keep the programmatic sales for a decade.
  6. "Garlinghouse said he expected “over $1bn of xRapid volume” by the end of 2020." Hehe, another one worth going into my collection of Garlinghouse quotes.
  7. I fully agree and tbh btc seems much more liquid so it should make sense but Ripple are not going to commit suicide like that I'd imagine.
  8. I was talking about the xRapid product.
  9. Not true, it was planned at some point, but at the moment it's exclusively XRP, was confirmed by someone from Ripple a while ago.
  10. I wouldn't say it's a stable coin, it was 50c 3 weeks ago which is quite the decline.
  11. Well I thought this is a discussion forum so I'm just giving my 2 cents, whether I'm right or wrong I don't care that much as long as I make mostly good trading decisions.
  12. At the end of the day it all comes down to supply/demand. XRP's attempts to catch up to the rest of the market were brutally brought down multiple times so speculators don't want to put too much money which means there's less demand.
  13. Arguably this is bigger news for BTC than the SBI exchange for XRP imo https://www.coindesk.com/beating-bakkt-ledgerx-is-first-to-launch-physical-bitcoin-futures-in-us Not to mention the fact that SBI VC launched BTC/JPY trading pair as well as XRP/JPY so not much difference there (there's no volume yet so maybe in 1 year or so we can see which pair has more volume)
×
×
  • Create New...