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  1. Whether (a) the founders of Ripple created XRP and then gifted said XRP to the company or (b) XRP was created by the founders as employees of Ripple, it is different sides of the same coin. I have long considered Ripple's argument that the company did not create XRP a stretch to say the least.
  2. I think most (objective) people who are in XRP recognize the significant possibility of it going to zero. I know I do which is why I did not exclude the quote when I referenced the paper. I have always viewed my investment in XRP as a long term bet. It may be a smart bet, but it is a bet nonetheless. I have long considered my odds of winning no greater than 40%. If (and that is a big if) regulation and usage pan out, the potential upside in XRP is massive. I think there are many others who hold similiar viewpoints but do not express them as they will get relentlessly drawn into debates.
  3. Robert Mitchnick (Ripple Intern) and Susan Athey (Ripple Board of Directors) tried to sort of answer this question. https://medium.com/@robbiemitchnick/a-fundamental-valuation-framework-for-cryptoassets-e101f1206901
  4. Sebastian

    Where to find the Legit info of XRP Market Cap

    Many such as Amun (http://www.amun.com/en/index/) use the "2050 Market Cap" which takes into account the entire supply of an asset. OnChainFX is one website that offers 2050 Market Cap data for the entire market (not just XRP). https://messari.io/onchainfx/
  5. Bank of America has been involved with RippleNet for years. I am not sure about JP Morgan. There have only been rumors. https://ripple.com/ripplenet-committee/
  6. I had thought you were lumping me in with the conspiracy/589 crowd.
  7. The article has nothing to do with XRP which is why it is posted in off-topic.
  8. Norway is ending subsidies on BTC mining facilities. The rates are going up by a factor of 35. https://cointelegraph.com/news/norway-withdraws-electricity-subsidies-from-bitcoin-mining-farms
  9. The article is not too surprising as it confirms what many have suspected. But it is still an interesting read. https://breakermag.com/we-asked-crypto-news-outlets-if-theyd-take-money-to-cover-a-project-more-than-half-said-yes/
  10. The title of the article is a bit misleading (Fortune is obviously going for clicks), but the 10 minute video interview is really good. It provides some great insight, from a Ripple customer's perspective, on the cross border payments market. Taavet Hinrikus, cofounder and chairman of TransferWise (which processes $3.9 billion of transactions per month for its 4 million users), comes across really well which is to be expected considering how successful his company is. http://fortune.com/2018/11/19/blockchain-ripple-transferwise/
  11. If successful, it will be interesting to see how quickly they can expand to other crypto-ETF friendly jurisdictions. Small team according to LinkedIn, but they do have experience in the industry. https://www.linkedin.com/company/amun/
  12. Sebastian

    Banned from /r/ripple on reddit

    @namini, I never got banned but I did have a number of posts removed for unclear reasons. I stopped posting on that sub many months ago. The reasons for posts being removed (and conversely allowed to stay) on the Ripple sub are very confusing. In my opinion, there is way too much subjectivity on the part of the moderator. This is why I stopped posting there. It made very little sense to spend the time creating high quality posts when they would only be removed. @nvok, @JonHolmquist, @Sukrim
  13. For those who were not around, that slide is from a September 2017 webinar. At the time, I had only been invested in XRP for a little over a month. The webinar really gave me a clear vision of what Ripple and their partners were trying to accomplish. In hindsight, I probably got a little carried away with the title of my post.
  14. If their argument ("XRP is a security and Ripple is committing fraud") was true the SEC likely would have taken action by now. As it turns out, they have not and likely will not. With all of that said, XRP's security status may be determined by the courts with the class action lawsuits. But even those lawsuits may not survive. The first one, after it was transferred from California to federal court, was withdrawn by the plaintiff. However, the lawyer behind the first one was a bit an amateur. The remaining ones are backed by more prominent firms but that does not mean they are viable. There has to be enough potential damages among many plaintiffs for the law firms to make money. If the remaining lawsuits survive, the security question around XRP may not be answered for another 2-3 years or longer.
  15. I put together a basic dashboard in Tableau on the XRP II, LLC Sales reported in all of the XRP quarterly reports. XRP II, LLC is a registered and licensed money service business by Ripple that handles both their institutional and programmatic sales of XRP. I wanted to estimate approximately how many XRP units were sold each quarter to institutions. In my opinion, this is an important metric. This is my best attempt (for now) at what they were. I arrived at my calculation by dividing the sales dollars reported in the quarterly market report by the median close price for the quarter. However, this might lead to fairly inaccurate results in quarters with high volatility (as indicated by a red standard deviation). In addition, these sales are handled OTC (over the counter) so it is unknown what the actual price agreed upon was. I pulled the price data from coinmarketcap.com. The link to the interactive dashboard is https://public.tableau.com/profile/sebastian8319#!/vizhome/RipplesInstitutionalSalesofXRP/RipplesInstitutionalSalesofXRP.