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About Roy

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    Angel to new start ups
  1. Sept 12 - Coincidence or Planned?

    Its mine as well....lets hope this is our best birthday present yet buddy
  2. An XRP newbie's story...

    @FunkyGiraffe Welcome!!
  3. @Dizeryou certainly won't need to liquidate all your holdings....u will be the richest among us here...congrats!
  4. Spot rate for EUR/USD is about 1.09. But based on the estimated value shown in my wallet, it apoears that 1 USD = 1.04 EUR This doesn't seem right. Just pointing what i've observed as I would be very much happy to take full advantage of this discrepancy to liquidate everything in EUR
  5. @mazi I just checked my gatehub wallet networth and observe that my estimates networth in EUR is higher than my estimated networth in USD. Shouldn't it be the reverse?
  6. I sincerely apologise if i appear rude. I meant to raise a red flag on ETH and not being sarcastic. I was a holder of ETH as well (early investor), but until the promised supply cap of 90 million ETH was exceeded (current supply: 91,267,580.03 at time of this writing). https://etherscan.io/stat/supply ***Quote from Ethereum website "Is the ether supply infinite? No. According to the terms agreed by all parties on the 2014 presale, issuance of ether is capped at 18 million ether per year (this number equals 25% of the initial supply). This means that while the absolute issuance is fixed, the relative inflation is decreased every year. In theory if this issuance was kept indefinitely then at some point the rate of new tokens created every year would reach the average amount lost yearly (by misuse, accidental key lost, death of holders etc) and there would reach an equilibrium. But the rate is not expected to be kept: sometime in 2017 Ethereum will be switched from Proof of Work to a new consensus algorithm under development, called Casper that is expected to be more efficient and require less mining subsidy. The exact method of issuance and which function it will serve is an area of active research, but what can be guaranteed now is that (1) the current maximum is considered a ceiling and the new issuance under casper will not exceed it (and is expected to be much less) and (2) whatever method is ultimately picked to issue, it will be a decentralized smart contract that will not give preferential treatment to any particular group of people and whose purpose is to benefit the overall health and security of the network." https://www.ethereum.org/ether And again, until ETH migrates over from POW to POS where, the new fixed supply cap is announced, I remain skeptical on the final supply of ETH.
  7. U do not understand how Ethereum (not classic) works, read about it before jumping to conclusions
  8. Don't get what you are implying by that
  9. If ETH (a coin with unlimited supply and more than 70% Work-In-Progress Dapps) can be valued at 80ish USD, i don't see why XRP can't at least go to USD10
  10. Agree! And to add on a little, the lack of real XRP usage / adoption of XRP is attributed to the absence of functional wallets that could unleash XRP's role as a near-instant, low fee incurring bridging asset capable of bringing optimal forex perks to end-users and businesses. With Bitgo's incredible effort in developing an enterprise / treasury management wallet in the pipeline, XRP will be more adoption-friendly once the enterprise wallet is completed. Higher adoption rate will lead to increasing value, no doubt about that. ***Sorry for hijacking your thread @Hodor , but your opinion resonates well with me
  11. @gorippleat 0.02 USD cents, you are owning a piece of the future, I doubt you can get anything else decent with this amount of money...
  12. XRP should be heavily promoted to end consumers. End consumers need to be aware of the benefits that XRP brings. Banks and FIs are really just service providers constantly working to address their customers' frustrations (such as delayed / prolonged transactions, transacted to the incorrect account....etc). By adopting RCL/ILP, these issues can be effectively mitigated. However, I personally do not see Banks and FIs going beyond to promote XRP to its customers as it would likely reduce a significant portion of their revenue in the form of forex. My 2 cents, thank you for your time Miguel