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xrphilosophy

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  1. In the future if you are going to post anything off the internet - please comment as to why you are posting it, what content you challenge or support and why. This is to avoid the forum turning into a trashbin of "whatever" articles ', and instead stimulating actual conversation, not insinuation. This goes for the comments subsequent to random links. Thanks!
  2. Interesting read. Sounds like things are moving quickly. https://www.wsj.com/articles/crypto-firms-assess-how-to-comply-with-anti-money-laundering-standards-11568626200?mod=lead_feature_below_a_pos1
  3. Hoping we see this highly competent and clear speaker again soon. Will be interesting to continue to track the USD-MXN market -and market making growth- even moreso now.
  4. In negative interest environments this is not true. And in low interest rate environments loaning money is only part of a bank's business. Many of the largest banks make most of their money by trading financial instruments. International remittances are only a very small part of a bank's business. But this is why the biggest of banks are clamoring to get involved in the payments space- is that the lucrative low cost fast remittancce business is growing by the day (literally), and competitors are swooping up all the profits. Increasingly we'll see banks being side by side with other payment companies competing for a slice of the pie of the burgeoning international payments race.
  5. Anyone holding XRP should watch this. Excellent questions, and better answers. I really enjoyed it.
  6. I know when I looked at CLS (the Clearinghouse) more closely it seemed as if the entire globe's payments industry is more or less in tune with each other even if adopting slightly different strategies. It's getting interesting seeing the various parts pull together. Less dots to connect! Thanks for this post in particular!
  7. Let's keep this longstanding thread on topic, and let the folks who are enjoying it, enjoy it! Some of the comments have started to get heated and personal (yet again). Various individuals have been warned. If you are NOT a fan of technical analysis or charting and/or speculation you are free to not look at this thread, and form your own. But let others communicate freely with each other. Thanks!
  8. Without proper sources or documentation one has to consider this as trolling. Thread locked.
  9. Sarcasm is not personal attack. Calling someone an idiot for their point of view is. If these threads continue to be strange crybaby forums of namecalling and people living in hurtboxes I personally have no problem in shutting them down when they break forum rules. One of the main rules on the site is to post meaningful and relevant content coupled with meaningful and civil conversation, without insult, attack, harsh namecalling, etc. These aren't crybaby/attack forums. We have twitter for that. Meaningful discussion on the OP's topic is welcome, although it's not like this hasn't been brought up time and time again. XRP is a highly speculative, very risky, and not always fairly priced investment. If the logic of the market doesn't fit the logic of what one thinks "should" happen, then its time to cash out and move onto municipal bonds, or something more 'logically priced.' There are years left to go on this to be fully realized. We also don't know what is right around the corner. There's no use getting all upset about XRP price today. For those of you wondering why XRP price is so low, and most likely going lower: There's no answer. What some of us do know is that moving forward into this global recession, which already is very well underway, some asset classes will collapse, and others will thrive. if you bet the crypto market thrives after certain markets bottom out, then you have bet like I have. If you think that liquidity always leads market cycles then we agree. If you bet that the liquidity cycle is bottoming out in the crypto market, and that forthcoming after even more pain the liquidity cycle switches over to steepening yield curves then we think alike. I don't think the relationship between Ripple and XRP has a thing to do with how liquidity is going to enter the crypto asset class moving forward. I don't think that moving forward a higher risk appetite for the crypto asset class has a thing to do with the relationship between Ripple or XRP. When money comes into the market it will come. We have to wait for those days. That's just my take. But if we are going to engage in the crybaby game then at least we can do it with civility. After all, we mostly think alike- we all came to XRP one way or the other. The similarities are more than the differences between us. Let's not pretend we're all intellectual enemies in here. There's just tons of frustration and venting. And rightfully so. Just keep it real everyone, thank you.
  10. The maturation of our market is a great sign. We've been waiting for this for awhile!
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