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  1. I really like this kind of news https://bitcoinke.io/2019/10/south-african-startup-xago-launches-an-xrp-only-exchange-and-gateway/
  2. Why not? You can for sure put dates in the contract, for not selling. That is 100% legal. Not sure about the minimum price. But even without it, it will do the job. Look at the quarterly reports of 2018. The avg price is 0.24 on OTC. look at the support line... yes also 0.24.
  3. Guys, Something keeps popping in my mind and as this club is about "trading and price speculation" I think it is fair to ask you. What if... Ripple sells a lot of XRP OTC (fact) With each sell, certain criteria for selling are negotiated (contract). Not a fact, but very likely no? But assuming the following: You sell in 2015 for 0.005 USD with the following terms Not allowed to sell before 2016 Not allowed to sell below 0.005 You create a massive baseline as volume was not so high. Price will find support at 0.005 and most likely goes higher With support new buyer buy in (retail most likely), allowing the sell to happen without crashing support line You sell in 2016 for 0.10 USD with the following terms Not allowed to sell before 2017 Not allowed to sell below 0.10 Another baseline support. You keep repeating above structure each putting a higher price or longer terms What this will do "theoretically" is build a very sustainable growth line. Obviously you need a lot of volume to create such a support line. On the other hand, a few million USD wall is something enough to protect the price. IMO this exactly what Ripple is doing with the OTC sales and if you zoom out on the chart, you see a pretty good historical pattern (funnel). Price will move in the channel, but with the gatekeeper (OTC sales and underlying contracts), you keep a form of protection. An ETF (with a standard 2 year expiration date) often is praised to create stability, but above strategy if executed right, would do the same job. But it would explain the fact that XRP is barely moving on the news and often behaves crazy, but always find support on the zoomed out channel. Am is talking complete ******** here? Been drinking too much over the weekend? Could be as well the case. But love to hear why this is not correct.
  4. You have a valid point with exotic corridors. Those high friction corridors how they are called cause often problems in the current system as well: low liquidity (your point) one way flow. Especially in remittance markets this happens often. So one currency flows one way, causing pressure on the other pair. in the CURRENT system this lack of liquidity is “Fixed” by so called market makers. Those MM basically offer liquidity for a trade. So assume Bank A wants to move philiphinnes pesos to Mexico. They provide liquidity in some pairs or even legs. For example the PHP would most likely be traded over Singapore into USD into Mexico pesos. Bank A might have the liquidity for the Singapore leg, buys the liquidity for the SGD TO USD or the USD To Mexican pesos. above is basically a multi hop corresponding trade. The issue is the amount of FX exposure, the time and also the risk involved (multiple parties). With enhanced messaging SWIFT GPI, this goes way better ( see pilot) back to XRP.. so what Ripple is trying to say. Look guys, you don’t really solve anything as your will face high costs and consumers want instant (low cost payments) the reason is the following: with XRP the cost of the actual transaction are so low, that doing a multihop, it will basically flow over the world almost free. And theoretically they are right. Think about it. You have an account at Huibi, Bittrex and Coinbase US. Your can indeed move money from Asia almost free to Euro and or USD and beyond. as crypto is a global currency. The potential one way flow issue (see above) is solved by itself. Cause if 1 XRP cost 20% More in philiphinnes . Enough traders will be happy to sell it there and leveling back the price (arbitrage) BUT the weakest link are indeed still the amount of liquidity. Potential regulation issue with trading a crypto asset and lack of understanding. Also there is a big monopoly in the FX market. So Deutsche, CITI and JPM provide a immense amount of liquidity and are the biggest players. Smaller players that basically run a operational excellence strategy (cheapest trades) like Moneygram offcourse are depending from those big players. Hence they will most likely be pioneers. hope above helps to answer your question and give some more background on the tweet from Ripple.
  5. Still ... to have a keynote speech at worlds most important finance event is good. Mind you, this is a SWIFT event. two years ago Ripple organized Swell at the exact same moment as Sibos for a reason. a lot has changed and the fact that Ripple has a stage on a Swift owned and organized event is positive and shows the claimed position in the industry. no speculation.
  6. Guys, this is SCB, not SBI. Thailand,.. not Japan. But indeed not confirmed..
  7. Agree Bender. Also I think the parallel with "rails" is actually a good one. One of the problems with HighSpeed trains in Europe is that whenever the track doesn't suit the train, the train has to go slower. With SEPA (European standard) already working instant, a faster international rail (currently Swift) could be expected, tying Europe to a global instant network. My worry is still that Swift can actually make this happen.
  8. haha good question!! But with 'we' I assume XRP holders?? The answer is simple. Volume is too low still to move completely independent from the rest of the market. And the market was let's say... not so bullish ;) Will get there!
  9. Yes it would, cause is still a buy and sell in the orderbook (and so on the ledger). Cause if a bank would use an exchange it would be for the fiat pairs.
  10. Thanks! Yes it looks good indeed. That USD value is lacking behind, but BTC is causing this. Patience is what we need, although after such a long bear market can’t wait for the green weeks
  11. That I agree! But why not run a more specific targeted campaign b2b? Like linkedin or so. Unless you want to target end consumers...
  12. Same, so it seems what we call a “retargeting campaign”. So pixel tracking based on Ripple website visitors and so retargeting them via the google add network . Basically following the base. however, with a clear strategy on b2b. Being also publicly open about it, targeting end consumers is kind of odd. On a more positive note, they must be pretty damn sure about not being a security as this is direct consumer targeting (also not mentioning XRP directly. food for thoughts for sure
  13. It leads to Ripple’s website. Thank you
  14. Hi community, Why is Ripple running an advertising campaign?? Although I have been in advertising for decades, I can’t get my head around it. Not directly XRP related, but like to hear your thoughts.
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