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Ripplify

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  1. Like
    Ripplify reacted to BobWay in Answer: Wen Moon?   
    I don't know.
    As I've mentioned in my introductory thread, I am bullish on XRP in the long term. I own XRP and I also own Ripple stock.
    Ripple stock is not publicly traded and is generally much more illiquid that XRP. However, based on other people's reports of selling Ripple stock on the secondary markets, it appears that the price of Ripple stock is closely correlated to the price of XRP. Based on my back of the envelope calculations, the market value of my investments is split about evenly between stock and XRP. If I could, I'd gladly trade my stock for XRP to gain the added liquidity XRP brings.
    It is important for you to know that I'm not rich enough to be worth kidnapping.
    It is also important for you to know that if I was a savvy trader I would be. I discovered bitcoin when the price of BTC was 5 to a dollar. I didn't buy it then and haven't traded much over the past 8 years at all. I also had someone point me to Microsoft stock in the very early days. I didn't buy that either. I don't gamble when I go to Vegas and I don't even like to follow the price of XRP and BTC because volatility gives me a huge amount of anxiety.
    So it should be absolutely clear to the average observer, that no one should take trading or investment advice from me.
    But if you want to know my personal unsubstantiated opinion I'm happy to tell you.
    In the long term, I expect Ripple as a company and XRP as an asset to succeed big time. Big time, means dramatically transforming and improving the world's financial systems and the way money works today. I'm expecting XRP's longterm moving average to rise as more more and more transactional liquidity flows through a growing RippleNet.
    In the short term, I expect XRPs price to be volatile and prone to spikes. I expect this volatility will be true of all other traditional cryptocurrencies as well. The reason I think so, is that it appears to me that speculators are trading multiple cryptocurrencies at a time using similar buy/sell strategies. I don't have any evidence of this, it just seems so to me from watching correlation (not causation) in the price charts.
    In the long term I expect XRP to be the "winning" cryptocurrency displacing all the others. I've come to this opinion without considering the low level technical details of the coins or their marketing spin. My opinion is based on the observation that all business transactions are circular. And this circle determines how currencies are valued. Here, the concept of circular business transaction means that when Alice buys widgets from Bob in exchange for currency, from Alice's perspective the value of the good equals the value of the currency used to pay for it. That seems obvious to the casual observer, but in the crypto space people rarely talk about it.
    In thinking about this I realized that the return value flow (the goods or services delivered) defines the value of the currency used to make the payment. Not the other way around. (Perhaps the goods or services have intrinsic value while the currency's value is relative, but that starts to sound like philosophy rather than economics.)
    So I began thinking about the business cycle along with the full transactional circle. Of course, no business transaction can take place without the agreement of BOTH Alice and Bob. Alice wants something and Bob wants something. The relationship is circular but it is not symmetrical. What Alice wants (the good or services) drives the transaction. What Bob wants (the money) is secondary. So in the business flow, Alice always decides what she wants first. Only then can Bob tell her what he wants in exchange (Alice's cost).
    So in my mind, the value of a currency is strictly CAUSED by the number of transactional circles it can participate in. If you make the presumption that any given Alice could potentially want something from any given Bob. And also the presumption that any given Bob could deliver to any given Alice. Then return value part of every transactional circle is unconstrained. So then you must focus on how Bob's choice of currency (what Bob wants) constrains the number of circles that can be completed. Which obviously brings us to set theory. 
    That's just a fancy way of saying if Bob wants a currency that Alice doesn't have then they can't do a deal. So if Bob wants EUR but Alice only has  USD then the deal can't be done. And if the deal can't be done, the return value (goods or services that don't trade) can't support the value of either USD or EUR. So both of those currencies subsequently becomes worth less than it would have been if that deal could be done.
    Curiously, if you add a bridge currency like XRP into the transaction in order to complete the transactional circle, then the return value (which now does trade) equally supports the value of all three currencies. Which seems odd so lets do some simple "figurin".
    Alice wants (X widgets) from Bob. Bob wants (Y EUR) from Mak. Mak wants (Z XRP) from Mark. Mark wanting (Q USD) from Alice completes the transactional circle. So as we stated before by definition if Alice pays then she decided it was a fair (equal) trade. And Mark and Mak thought their deals were fair (equal) as well.  So: (X widget) = (Q USD) = (Z XRP) = (Y EUR). But what would happen if both Alice and Bob used XRP?  Well then you'd have: (X widget) = (Z XRP)
    So my lay man's conclusion (I am not an economist) says that XRP being used as a bridge currency supports XRP's value equally as much as XRP being used as a retail currency. But the set of transaction circles that can be created using XRP as a bridge currency is DRAMATICALLY larger than the set of transaction circles that can be created using XRP or any cryptocurrency as a retail currency. And actually, the set of all transactions that can be completed using XRP as retail currency is a proper subset of the transactions that can be completed using XRP as a bridge currency.
    So to maximize XRP's value, you must focus on the XRP bridge use case. And that is exactly what Ripple is focused on.
     
    But, can't the same be said of any cryptocurrency? Meaning if BTC became the de facto bridge currency then it would be the most valuable cryptocurrency.
    Actually, yes. If that came to pass it would be true.
    But, I proved to myself that you can't actually get BTC there from here. It just mathematically can't happen. BTC as a bridge currency will always initially be a more expensive transaction path than an alternative path without BTC. And nobody has enough BTC to force (subsidize or incentivize) BTC into that position. My same logic hold for all the currently popular cryptocurrencies.  
    But, I believe, it is actually possible to force XRP into the position of de facto bridge currency. And that is what that patent is about.
     
    Of course, I could be wrong in my logic somewhere, or Ripple could fail in their execution, or a million other bad things might happen along the way. So let me repeat, no one should take trading or investment advice from me.
  2. Like
    Ripplify reacted to Hodor in Own Your XRP   
    Thanks for taking the time to weigh in, @karlos  Sorry to bother you as it must be very late/early in Australia! 
    This was the *only* place I posted at first.  I only started blogging on a different site because my posts grew way too big; I was blogging here before I knew that's what I was doing!  😅 
    I honestly don't consider them 'promotion posts' because I use it to launch in-depth discussions, etc... plus I make no money (or at least very little money) on the blog.  Hopefully Coil will eventually change that however! 
  3. Thanks
    Ripplify reacted to karlos in Own Your XRP   
    @Hodor has been posting quality content for years. Theres no rule against posting a link to an in-depth blog like his, actually its very welcome. I think @Hodor even starting writing here first, before contributing to the xrpcommunity.blog?
     
  4. Thanks
    Ripplify reacted to Hodor in Own Your XRP   
    Blog URL:  https://xrpcommunity.blog/own-your-xrp/
    In my 1st blog in 2019, I discuss the importance of coin ownership & cover the latest news!
    𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: Own your coins to make sure the demand is reflected in price!
    𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Cory Johnson makes an appearance at Cornell's latest Entrepreneurship Summit in NYC.
    𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: The XRP Community API expands its features and capabilities; Coinmetro adds support for XRP; and Bitrue adds 5 base pairs against XRP.
    I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so!  
    My blog announcement links on other platforms:
    Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  5. Thanks
    Ripplify reacted to Hodor in We Will Prevail   
    Blog URL:  https://xrpcommunity.blog/we-will-prevail/

    XRP will prevail: I describe why, and then cover all the latest news impacting the best digital asset ever made.  
    𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: The Democrats and Republicans join together to make sure the United States continues to play a part in blockchain tech and crypto.
    𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Brad Garlinghouse sits down with Monica Long for the final AMA of 2018; Ripple releases a video compendium summarizing points in the AMA; Ripple submits its response to the October request by the Federal Reserve for proposals of a real-time gross settlement system (RTGS); and a video of Cory Johnson from Slush Singapore is released by an XRP fan.  
    𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: The XRP Toolkit adds support for user-created escrows; and Coinfield adds more XRP pairings, extending the reach of XRP.
    I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so!  🎄🎅🎄
    My blog announcement links on other platforms:
    Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  6. Thanks
  7. Like
    Ripplify got a reaction from Notoriou5 in How long are you willing to hold it the price stays under $1.00   
    after several years of being in various investment fields like Realstate , stocks , Forex , Gold , ... i think i know what a once in a life investment looks like , to me its ride or die , i would never ever gamble on this chance even if it takes years to payoff ,
    the most important thing to me is watching what ripple is doing and how it puts its strategies into action and how both current and potential customers deal with its products, the rate of its expansion and social awareness of the company, the least important indicator to me is the price as it can be easily manipulated and with this young crypto market it is a totally improper gauge to value your investment upon. the price finally match the value of this asset as it gains its worldwide use case and adoption.
  8. Like
    Ripplify got a reaction from Sharkey in How long are you willing to hold it the price stays under $1.00   
    after several years of being in various investment fields like Realstate , stocks , Forex , Gold , ... i think i know what a once in a life investment looks like , to me its ride or die , i would never ever gamble on this chance even if it takes years to payoff ,
    the most important thing to me is watching what ripple is doing and how it puts its strategies into action and how both current and potential customers deal with its products, the rate of its expansion and social awareness of the company, the least important indicator to me is the price as it can be easily manipulated and with this young crypto market it is a totally improper gauge to value your investment upon. the price finally match the value of this asset as it gains its worldwide use case and adoption.
  9. Haha
    Ripplify got a reaction from BBS in Linking dots: G20 × Bank of England × Ripple × SBI (OMG)   
    im very pleased to see @MaxEntropy here on this forum again , cuz whenever he starts Fudding we have a huge bull run right after .
    welcome max ! and be prepared to say goodbye AGAIN soon!
  10. Like
    Ripplify got a reaction from ChuckN in How long are you willing to hold it the price stays under $1.00   
    that's the difference between a regular investor plan of action and the whales , if the total market volume is the only indicator for a long term investment that makes you convinced enough to let go of ripple fundamentals and potentials , i believe you should reconsider wasting your time following the news and threads here
  11. Like
    Ripplify got a reaction from kiwixrp in I know I'll be slated for this but...   
    magnificent , we can see bear extremist popping up everyday with brilliant ideas about what we are going to experience in the future , not long before we had many on the opposite direction predicting that its not impossible to see +1000$ in 2019
    its easy to think bearish in a bearish market and give out these kind of comments , to me being under $1 for the next two years is as much irrelevant as +1000 price , cuz nobody is capable of timing any market specially an immature one  like Crypto which many (including me) believe is in its infancy.
    in the bottom line , in sharp contrast to what we are experiencing right now , i believe when putting effecting parameters together, ripple has an enormous potential for changing how Crypto space will look like by the end of this year.
     
  12. Like
    Ripplify reacted to Plikk in I know I'll be slated for this but...   
    I will quote you on this one soon
  13. Haha
    Ripplify reacted to Cryptsycrackers in Crypto in General appears to be over( not just XRP)   
    ^ Example of someone who doesn't know what they're talking about.
  14. Like
    Ripplify got a reaction from OzAlphaWolf in How long are you willing to hold it the price stays under $1.00   
    after several years of being in various investment fields like Realstate , stocks , Forex , Gold , ... i think i know what a once in a life investment looks like , to me its ride or die , i would never ever gamble on this chance even if it takes years to payoff ,
    the most important thing to me is watching what ripple is doing and how it puts its strategies into action and how both current and potential customers deal with its products, the rate of its expansion and social awareness of the company, the least important indicator to me is the price as it can be easily manipulated and with this young crypto market it is a totally improper gauge to value your investment upon. the price finally match the value of this asset as it gains its worldwide use case and adoption.
  15. Like
    Ripplify got a reaction from 2ndtimearound in How long are you willing to hold it the price stays under $1.00   
    after several years of being in various investment fields like Realstate , stocks , Forex , Gold , ... i think i know what a once in a life investment looks like , to me its ride or die , i would never ever gamble on this chance even if it takes years to payoff ,
    the most important thing to me is watching what ripple is doing and how it puts its strategies into action and how both current and potential customers deal with its products, the rate of its expansion and social awareness of the company, the least important indicator to me is the price as it can be easily manipulated and with this young crypto market it is a totally improper gauge to value your investment upon. the price finally match the value of this asset as it gains its worldwide use case and adoption.
  16. Thanks
    Ripplify got a reaction from viking3 in How long are you willing to hold it the price stays under $1.00   
    after several years of being in various investment fields like Realstate , stocks , Forex , Gold , ... i think i know what a once in a life investment looks like , to me its ride or die , i would never ever gamble on this chance even if it takes years to payoff ,
    the most important thing to me is watching what ripple is doing and how it puts its strategies into action and how both current and potential customers deal with its products, the rate of its expansion and social awareness of the company, the least important indicator to me is the price as it can be easily manipulated and with this young crypto market it is a totally improper gauge to value your investment upon. the price finally match the value of this asset as it gains its worldwide use case and adoption.
  17. Like
    Ripplify got a reaction from JoelQuinn in How long are you willing to hold it the price stays under $1.00   
    after several years of being in various investment fields like Realstate , stocks , Forex , Gold , ... i think i know what a once in a life investment looks like , to me its ride or die , i would never ever gamble on this chance even if it takes years to payoff ,
    the most important thing to me is watching what ripple is doing and how it puts its strategies into action and how both current and potential customers deal with its products, the rate of its expansion and social awareness of the company, the least important indicator to me is the price as it can be easily manipulated and with this young crypto market it is a totally improper gauge to value your investment upon. the price finally match the value of this asset as it gains its worldwide use case and adoption.
  18. Like
    Ripplify got a reaction from zenkert in How long are you willing to hold it the price stays under $1.00   
    after several years of being in various investment fields like Realstate , stocks , Forex , Gold , ... i think i know what a once in a life investment looks like , to me its ride or die , i would never ever gamble on this chance even if it takes years to payoff ,
    the most important thing to me is watching what ripple is doing and how it puts its strategies into action and how both current and potential customers deal with its products, the rate of its expansion and social awareness of the company, the least important indicator to me is the price as it can be easily manipulated and with this young crypto market it is a totally improper gauge to value your investment upon. the price finally match the value of this asset as it gains its worldwide use case and adoption.
  19. Like
    Ripplify reacted to Ripple-Stiltskin in How long are you willing to hold it the price stays under $1.00   
    If I knew for certain at this moment that it will be stagnant for years then I would sell right now. 
    For me the next 18 months will be crucial. If no progress is shown round summer 2019 I think I will move on.  But I honestly think we’re in for big surprises in 2018, so I still have a lot of confidence.
  20. Haha
    Ripplify got a reaction from Sharkey in Linking dots: G20 × Bank of England × Ripple × SBI (OMG)   
    im very pleased to see @MaxEntropy here on this forum again , cuz whenever he starts Fudding we have a huge bull run right after .
    welcome max ! and be prepared to say goodbye AGAIN soon!
  21. Like
    Ripplify got a reaction from brankaaaaa in Linking dots: G20 × Bank of England × Ripple × SBI (OMG)   
    im very pleased to see @MaxEntropy here on this forum again , cuz whenever he starts Fudding we have a huge bull run right after .
    welcome max ! and be prepared to say goodbye AGAIN soon!
  22. Like
    Ripplify got a reaction from Wobile in Linking dots: G20 × Bank of England × Ripple × SBI (OMG)   
    im very pleased to see @MaxEntropy here on this forum again , cuz whenever he starts Fudding we have a huge bull run right after .
    welcome max ! and be prepared to say goodbye AGAIN soon!
  23. Haha
    Ripplify got a reaction from Xrphunter in Linking dots: G20 × Bank of England × Ripple × SBI (OMG)   
    im very pleased to see @MaxEntropy here on this forum again , cuz whenever he starts Fudding we have a huge bull run right after .
    welcome max ! and be prepared to say goodbye AGAIN soon!
  24. Haha
    Ripplify got a reaction from LetHerRip in Linking dots: G20 × Bank of England × Ripple × SBI (OMG)   
    im very pleased to see @MaxEntropy here on this forum again , cuz whenever he starts Fudding we have a huge bull run right after .
    welcome max ! and be prepared to say goodbye AGAIN soon!
  25. Like
    Ripplify got a reaction from Gepster in Linking dots: G20 × Bank of England × Ripple × SBI (OMG)   
    im very pleased to see @MaxEntropy here on this forum again , cuz whenever he starts Fudding we have a huge bull run right after .
    welcome max ! and be prepared to say goodbye AGAIN soon!
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