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Sebastian last won the day on November 20 2017

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  1. Sebastian

    Zerpening Club

    The Zerpening club is a private club and only has 844 members. There are over 20,000 members on the site. Visitors of XRP Chat and XRP Chat members, who are not part of the club, cannot view the content of the Zerpening club. As @karlos pointed out, there is place to discuss your concerns. It is not in the general forum.
  2. I don't think the $10 million cited in the link above (https://ripple.com/files/xrp_cost_model_paper.pdf) is paid directly to Ripple. This cost is the estimated total cost to implement the software. While this would include any license fees paid to Ripple, I would expect the majority of this $10 million to be salaries for employees' and/or consultants' time for the supporting the actual implementation.
  3. Bloomberg, who often times writes anti-crypto pieces, discussed something similar in an article today. I actually enjoy reading their articles because their journalists (and there appear to be several) come across so bitter at times it is comical. https://www.bloomberg.com/opinion/articles/2019-05-13/bitcoin-s-bulls-are-revving-up-the-lamborghinis-again
  4. https://www.coindesk.com/exchange-traded-notes-for-xrp-litecoin-launch-on-boerse-stuttgart
  5. This quote is under the Japan section of the report; not the US section.
  6. As a political junkie, I am following the Democratic primary closely. Not sure of Buttigieg's chances in either the primary or general election (if he wins the nomination), but it is remarkable how many languages he can speak. Obviously, he is probably an outlier among Americans.
  7. Ripple claimed they were cash flow positive in a Bloomberg Terminal article (which I do not have access to. But I too remember a discussion on XRP Chat after another story or interview in which Ripple said they would not be cash flow positive without XRP. However, I cannot find the thread on XRP Chat. It is possible Ripple is by now cash flow positive without XRP sales and they are using the proceeds to acquire or invest in other companies to expand the ecosystem. Unfortunately, we will probably never know as Ripple would likely only disclose the details if they were to IPO which may not happen for a long time.
  8. Several months ago, the CEO of TransferWise gave an interview to Forbes. Also, TransferWise markets to both businesses and consumers. https://www.xrpchat.com/topic/29023-transferwise-wont-buy-into-blockchain-until-more-banks-use-ripple/
  9. IBM also seems to be taking a different approach to generating revenue for the project. https://www.coindesk.com/ibm-signs-6-banks-to-issue-stablecoins-and-use-stellars-xlm-cryptocurrency
  10. I think there is a big difference though admittedly I am not familiar with how much work these other projects have done. When Xpring was announced, Ripple stated it was created so that other entities could actively pursue worthwhile use cases for XRP that Ripple did not have the resources to pursue. Below are some interesting quotes from some articles I read about Forte and Ripple. https://venturebeat.com/2019/03/12/forte-and-ripple-form-100-million-fund-for-mainstream-blockchain-games/ https://venturebeat.com/2019/02/26/kevin-chou-bets-big-that-blockchain-will-revolutionize-game-economics/
  11. Wow, Ripple is aggressively pursuing this use case. I know other cyrpto projects are as well. I also like the project is going to incorporate ILP, which should make it currency agnostic, as well as Codius.
  12. Amazing timing. 300% in 5 days and he got back in at 28 cents.
  13. I am going entirely off of memory because I could not find the posts. The person who bought 1 million XRP claimed to have established their position around 20 cents and did not expect it to take off like it did toward the end of 2017. They claimed to have sold between 70 and 80 cents, about a month later, knowing full well they could be leaving lot of money on the table. They did not think holding longer was worth the risk as they had made $500k in about a month and were independently wealthy before the run up. They posted their announcement of the sale during the bull run. It was posted well before XRP hit $1.
  14. Sebastian

    Hi! I'm Bob

    Thanks for sharing your vast knowledge of Ripple and XRP. I am going to attempt to return the favor. I wish you the best in your health journey. If you have not already, I would recommend checking out Virta Health. They use the ketogenic diet (high fat, low carb) with their patients to reverse prediabetes and type 2 diabetes. The diet is tailored to each specific patient as everyone has different carbohydrate tolerances and dietary preferences. They have had some pretty good results. Virta goes around to various Fortune 500 companies, such as the one I work for, and tell them half of their employees and employees' family members are either prediabetic or diabetic (which is true in America) which costs millions of dollars per year in complications, prescriptions, etc. For a fixed fee Virta medical doctors, nurses, and nutritionists than work with the employees and/or their family members to transition them to a ketogenic diet with the end goal of reducing or reversing their diabetes which can save the company millions. I have severe peripheral neuropathy from an adverse prescription drug reaction many years ago, and have found the ketogenic diet very beneficial. I consume around 75 grams of carbohydrates per day. Regardless of culture, most diets consume at least 150 grams of carbohydrates per day. If I were to regularly consume anywhere near that, in the long run I would likely face some sort of amputation similar to @CaptainHook's brother (not to mention nonstop burning pain in my extremities). Unfortunately, I do not qualify for the Virta program through my employer and am unwilling to pay the $6,000 annual membership fee. However, they have a lot of good online resources on their blog and YouTube channel. Most of what they discuss I already knew as I have been on a ketogenic diet for years and have read extensively on the benefits and risks but Virta has brought it all together and explained it in an easy to understand manner. https://www.virtahealth.com/ https://blog.virtahealth.com/ https://www.youtube.com/channel/UCbkeZcRugU8bUcOKwBIHjsg In addition to prediabetes and diabetes, the ketogenic diet has been clinically proven to treat epilepsy and it is being investigated for a wide range of additional health issues including cognitive (dementia, Alzheimer, traumatic brain injuries, etc.), cancer, and others. However, the diet should only be used under the care of knowledgeable and licensed medical professionals as certain lab work should be performed on a regular basis. In addition, blood glucose and ketones should be monitored daily. This is because there can be serous complications to the diet. I could easily write a post many times longer than this, but I am going to end it here as I do not want to derail this thread.
  15. ESG reporting has become a hot topic that is increasingly important to the market. Companies who perform well on material sustainability issues enjoy higher rates of return. Personally, I do not see Kroger or any major company implementing the BTC lightening network for domestic payments. I could see them perhaps exploring a service that offers a wide variety of cryptocurrency payment options, including BTC, but I suspect the demand for such payment options from their customers is next to non-existent. Most would probably prefer to be able to use their Visa instead.
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