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rippler_2

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  1. Absolutely agree, it would be great to see how Ripple propose a standard integration lifecycle to their (potential) customers. The FI's legacy payment systems that hook into Ripple are not homogeneous, some FI's may use a software product, some have self-developed systems. How long a project may take until go-live is dependent on the technology, people, capability and mindset of executives and technologists, and how fast they can make the relevant decisions. I would suggest projects lifecycles up to 2 years until fully supporting business operations. This is a big change in FI's operating model and won't come overnight.
  2. I sold when XRP was lingering around 30cents for a while last year and then missed on on the jumps to $1,2 and 3. Slowly bought myself back in using a bit of dollar cost averaging (around 0.8 cents average). I'm deep in the red now, but still plan to hold for 2-5 years. Why? - I still made a profit overall. I only consider my very initial investment real money I put in. That, I can still afford to loose entirely without doubting myself in case XRP doesn't scale - I'm way too curious for the next years, and still believe in the utility. Everybody is talking about it in the traditional financial sectors. The blockchain topic is present on a daily base and it interest and initiatives will only grow. - Everybody here is aware how strong Ripple's team is, the have a high quality and tangible product, are working with regulators and banks, there is a clear value proposition for XRP (vostro nostro). How will that ever go away in the next 2-5 years? I see a lot of R3 pilots all over the place, but Ripple's software is ready for production! Big time to market advantage for XRP imo. - I recently got Ledger S. Such a little device has the potential to store and transfer without friction (when markets grow and liquidity increases) unlimited value (technically it doesnt as its on the blockchain) How will digital assets not be the future? - Recently discussed the liquidity advantage using XRP vs. the volatility of XRP with a friend in detail. There are apparently Ripple incentives that could support FIs dealing with this problem (e.g. if the XRP drops under the FI's buy price, they somehow get compensated). But even if these initial incentives didnt exist, we concluded that the unlocking massive amounts of liquidity and putting it to work (means having less in-flight (unsettled) transactions vs. more & faster settlements in a given period) has far higher utility than XRP's volatility risks against FIAT. - I wont make the same mistake again. Big zerpning events happen out of the blue. In that case: Better be long than sorry . - I wish merchants would start accepting XRP them to realize the credit card companies are ripping them off with their 2% fee. Hopefully with the rise of cryptobanks, we will see more cryptocurrency acceptance at the point of sale level. I realize it is not the primary use-case for XRP now, but there is such a strong utility for it, so why not
  3. To give this thread some sense, I will add the price speculation as I have discussed today with a work mate: Objective: Unlock our famous 20 trillion locked up funds nostro accounts 2018: Increasing xCurrent adoption & first integration tests for xRapid -> XRP ~0.5-1.5 (yes, I believe we might actual have a flat year for cryptos, but why do I still hold? I certainly wont miss another great zerpning in case I'm wrong 2019: More xRapid adoption, unlocked first 1% of 20 tril. => 200 billion, giving XRP at least a price of ~ 5 USD. Adding a bit of growth speculation, let's settle at 10 USD. 2020: 2.5% unlocked => 600 bil. ~ 12,5USD + 100% speculation => 25 USD 2021: 6% => 1.2 tril ~ 30 USD +100% speculation => 60 USD 2022: 100 USD ...to be continued Sounds like a reasonable calculation if XRP gets some piece of the liquidity pie and continues to conquer over time.
  4. Set a Safe Withdrawal Rate (https://www.madfientist.com/safe-withdrawal-rate/), quit my IT job and go to med school. With the hybrid skill of being a doctor and a technologist, change the world for the better. Unless I get to jump on a Ripple integration project... I would complete one of those and go to med school after
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