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Posts posted by Ripple-Stiltskin

  1. 3 minutes ago, Doubletap said:

    The chances of xrp reaching $100 in the next 50 years would be so remote we would all have more chance of being struck by lightning , surviving and then winning powerball the following week . 


    Lucky would be an understatement to describe one man in Canada.

    Peter McCathie survived being hit by lightning when he was a teenager and now he’s won the lottery — both events combined come to about a 1 in 2.6 trillion chance.

    McCathie is splitting the $1 million Lotto 6/49 prize with co-worker Diana Miller, the Atlantic Lottery told ABC News today.

    He’s getting an additional $10,000 since he owns the Amherst Shore Country Store in Amherst Shore, Nova Scotia, where the duo bought the $3 ticket.

    Players select six numbers for the Lottery 649 game and a bonus number, seen in this voided ticket.

    McCathie’s first experience of defying odds — a nearly one in one million chance — happened when he was 14 years old and wading through shallow waters.

    “I was trying to lock the boat up, it was a very sunny day, there was one big, white cloud in the sky and the lightning bolt came through the trees and hit me,” McCathie told CTV.

    McCathie survived the lightning strike and now years later, he told CTV he plans to use his unexpected winnings to take his wife of 30 years on a second honeymoon.

    McCathie and Miller had been buying lottery tickets for about a year, but never imagined they would defy the odds.

    “I honestly expected to get hit by lightning again first,” he told CTV.

    The 1 in 2.6 trillion calculation comes from combining the lottery odds, lightning odds and the odds that McCathie’s daughter was struck by lightning as well, which happened a few years ago, University of Moncton mathematics professor Sophie Leger told ABC News today.

    Leger worked through the equation — noting that she didn’t know the exact number of lottery tickets McCathie has bought in his lifetime — to come up with the near-impossible odds.

    “It’s almost not possible, but it did happen,” she said. “It shows that anything can happen in life.”

    Peter McCathie did not immediately respond to ABC News’ request for comment.

  2. 2 minutes ago, 7strings said:

    Define "very" :D

    XRP dipping below the long term Elliotwave number 5 descending triangle support, validating the head and shoulder pattern which could mean a false bear trap that suddenly turns into a bull trap once the shorts get rekt at the 68% Fibonacci retrace line.

  3. 1 minute ago, lucky said:

    Maybe Cory just overestimated his own price. Big deal. That happens everywhere.

    True. And thats why I have a hard time to give it a positive spin, like I stated. ( people overestimating their price and are forced to leave isn’t exactly very positive). But yes, it happens every day, true.

  4. 1 minute ago, Plikk said:

    A red flag for me would be if it was one of the prominent employees or management functions that would have been dismissed. Cory only worked at Ripple for a year, not that significant imho. He was OK to have in the team, but not more than that. 

    Ok. But he was prominent enough to make a public statement about it ( and I think Ripple knows very well what his leaving and the statement about it can cause in crypto overhyped crazy land). So I think they considered not communicate at all ( bad), communicate with a positive spin ( apparantly not possible) or communicate neutral ( which this is. And vague).

  5. 22 minutes ago, Plikk said:

    They are keeping it as neutral as possible.

    Exactly! And that’s a red flag for me.

    Positive changes at Exco level are usually communicated in a different way:

    - wait with the communication until there’s clarity about the new position of the leaving exco member and/or:

    - stating explicitly that everything is discussed in good harmony and/ or

    - giving explicit details about his succes ( deals or other concrete milestones).

    - giving explicit details about why exactly this role ( CMS) isn’t needed anymore ( preferably spinned very positive).

    TLDR: when a separation is somewhat negative, this is exactly the vague way big companies communicate the facts. 

    But just my opinion ( based on years of experience of first hand, but could be very wrong nevertheless).


  6. 1 hour ago, VanHasen said:

    Cory’s last year at Ripple was a success in representing the company to investors, press and regulators. Cory helped Ripple with strategy internally and overall industry education. But due to changes in market conditions, we’ve chosen to eliminate the role of Chief Market Strategist

    Cory’s last year was also his first, lol.

     I’m very familiar with how ( and why!) big companies communicate changes at Exco level. 

    I really have a hard time to give a positive spin to both the fact itself as the way this is communicated. 

  7. 14 minutes ago, Freaky said:

    Whatever tech they use, it won't make any difference to the consumer. 

    Edited 9 minutes ago by Freaky

    Oh man. This edit ruined everything. You’re wrong on so many levels with this statement .  Are you sure you’re a tech guy??   Or just a fax repair mechanic?  

  8. 4 minutes ago, Freaky said:

    XRP usage is still very speculative, only time will tell. 

    That’s the spirit!  So there’s a possibility it will be a groundbreaking succes! ( until now all your posts suggested otherwise, sometimes explicitly,  in tone of voice always).  Carry on and educate yourself a bit more about the developments of future banking that already are set in and are already affecting customers.  A brave new world will open itself right before your eyes.



  9. 1 minute ago, Freaky said:

    If your bank has run a POC, the numbers will be there. How much money is being saved using Ripples software over GPI ?



    First disclose the exact numbers of the POC  and the name of your bank.  Mister “ fancy buzzwords made up by academics”. Sir “ I work for a big bank, we did a POC with xCurrent but no real savings came out, so other banks won’t use it either” 


  10. 6 minutes ago, Freaky said:

    Yeah, I'm aware of fancy buzzwords made up by academics that come and go.

    How is your banks implementation of xRapid coming along ? Game changing tech yeah ? 

    If you think these are only buzzwords then you’re living under a rock. ( academics??? Wtf??)

    So it’s people like you that make big banks a sitting duck, lol.

    Try to expand your horizon a little bit: talk with consultants of the big 4, follow new banking and fintech groups on Linked In, attend conferences, just look around you to see what’s happening.

    You’re already left behind.

    Like I said: my bank will surprise you with xRapid soon.  But even if not:  that doesn’t mean other banks won’t. 

    Among banks there will be winners and losers.  Guess what bank you’re working for...


  11. 25 minutes ago, Freaky said:

    A sitting duck for what ? Cross border payments is an insignificant number, compared to other areas of the business that are far more lucrative

    There you are. For some banks it’s a substantial part of their profits, for others it’s marginal. But the “ general banks” ( servicing all customer segments with the whole product package) and the banking landscape as we know it is changing rapidly as we speak. 

    So I assume your bank will leave xBorder payments soon to a third party liaison, like many other services. If not they will be a sitting duck.

    To throw some hyped words in: ever heard of “ Open Banking”, “API banking” , BaaS ( banking as a service) , “ FinTech transformation”, “ First principle design”, “ Distributed banking”, “ disintermediate banking” , “ relegated banking”,  “ Digital Challenger Banks”.  And so on. 

    Do attend a ( international) conference now and then......( Money 2020).

  12. 7 hours ago, Freaky said:

    Would you like pricing for the following ?


    What’s your point? That implementing new software is a long, expensive and difficult proces, especially for large banks? 

    Yes it is.  And yet they’ve implemented numerous new systems last decades. And still are.  In “ innovation labs” or in separate subsidiaries. They spent millions and millions to digitalise, building a future proof bank, keep up with upcoming fintechs and other competition.

    But I asked a question you didn’t answer...( kinda easy to answer with another question, isn’t it?)

  13. 2 hours ago, Rey said:

    Do you think that those 40c are the total costs of the Xborder payment? :JC_thinking:


    1 hour ago, Freaky said:

    For my bank yes.


    Please give us a breakdown of the internal costs for a cross border payment of your bank. 

    Don’t forget the cost allocation of management-, IT-, and other supportive departments or overhead. Truth is that no bank exactly can calculate the costs of any product or service to that level, rough estimations are the best we have. Hell, we are already happy if we can calculate costs at the level of business lines or units, much discussions and different metrics there. 

    And even if its 40c, or maybe less, are  you stating that  xRapid or xCurrent don’t offer enough savings?  For your bank or for all 33,000 worldwide?  

    “ I know someone who smokes 30 cigarettes a day and has reached the age of 92 last week. Hence smoking is good for your health”. 

  14. 16 minutes ago, KaaKaRmA said:

    The thread here was focused on cleaning up the forum and I dropped by with my feedback with my reasoning. Take it or leave it. 

    Ok, I leave it then. As will the majority of the members on this forum. 

    As far as I’m concerned @Hodor has earned a special place on this forum and for all I care he can post as he pleases and earn as much money as he wants ( not stating that he does, but just saying how I, and many with me, feel). 

    And no, not everybody can do the same, sh*t - and FUD posters can take a hike.

    So yes, even if it would be a case of positive discrimination, and I’m fine with it. 

  15. 1 hour ago, flanman said:

    When I post a blog article that is no less ridiculous or credulous than the ones spammed here daily from "Crypto-gazette-XRP69-420-daily.co.uk", but is instead critical of XRP, it's a break in the echo chamber. 

    Being critical must work both ways imo. You don’t rebalance an echochamber by creating another one. Others posting BS doesn’t justify posting opposite BS. 

    You’re doing exactly the same you’re accusing others off.