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RikkiTikki

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  1. Just throwing this out there, do you think Ripple should amp up it's push of XRP to further show it's superiority in providing liquidity in these times?? I mean if ever there was a moment to grab the bull by the horns this is it. I know regulation is in the albatross in the room but a little leap of faith wouldn't hurt right now especially since there talking the possibility of this lasting into the late summer in the states.
  2. In my line of work I converse with a lot of my Indian colleagues in Hyderabad and if this is true this is a good thing as quite a few of them told me they had money invested in crypto from days prior too the ban that was just sitting there waiting for the government to do something. That is why I whole hardly believe regulations is the Achilles heel in the states also. If things pick up in India this should be a barometer to measure things by as to what will happen Once the regulators here in the states get their heads out their a$$!
  3. I'm convinced the price will run up once regulatory clarity is solidified whether that takes 5 or 10 years who knows but I think it will be under 5 years. Once we get a clear definition on what XRP really is it's off to the races. Even if it is declared a security there will be gains. I mean it will probably plunge in the short term in that scenario but the come back will more than likely be epic. You guys go ahead and continue to debate and I'll continue to accumulate at a substantial rebate.
  4. Been down this road before and you are spot on with your logic. I would tend to think there is a big player about to align or probably acquire a big stake in ripple or vice versa and they are starting to consolidate on the redundant resources. Speaking from experience these people are given a nice severance package to gracefully leave and pursue other interest. I also think it's the #2 of the 3 scenarios you posed. I could be wrong but definitely something huge is coming.
  5. Well the incentive is more for the artist to use. If the Artist can sell there work for 100% profit they can deal exclusively on Xsongs, which means other providers would slowly loose out as Xsongs would have exclusive rights. Sort of like Tidal had with Prince prior to his passing before his rights were awarded to the executors of his estate. The interface can be worked on and made better, but if songs does what it claims to do give 100% of profit to the artist don't count this initiative out. Did you read my last post here on how much Pharrell made from Pandora after 43 million streams of the song "Happy" ? To call it robbery is an understatement.
  6. Being a former Musician and just hearing the grumblings of what's going on with streaming profits. I think this is a good idea, now whether the concept to use XRP or not is feasible for this "I don't Know!" Artist being able to make 100% profit would be huge. https://www.businessinsider.com/pharrell-made-only-2700-in-songwriter-royalties-from-43-million-plays-of-happy-on-pandora-2014-12
  7. Now if we could only see that carry over here in the community.
  8. It still needs to preform within SLA specifications no matter how small or large the transaction flow is.. SLA's are a factor at every junction. Money transfer is a core business of MG, matter of fact it is their business. There maybe a little wiggle room since Ripple does own a percentage. By the way typically yes a company does set an initial framework for an SLA but the customer ultimately dictates a lot what goes into an SLA. Your not going to go into any organization and state this is how our product works here is are SLA adhere to it or else. Also SLA's can be modified per customer so I'm not going to speculate what they did before hand or what they came up with in a high level meeting between the customer and themselves my point was it would be good to see one if possible and we have not got a whiff of any bad news from a customer saying ODL is out of bounds.
  9. Is anyone privy to Ripples SLA policy or even SWIFT's ??? The reason why I ask is because I am sure Ripple has entered into SLA agreements with their customers that utilize their products. Typically if SLA's are broken due to software or service not living up to the SLA agreement in most case where a lot of dollar amounts are involved this pretty much becomes a battle between the customer and the provider through litigation. Typically the customer accusing the provider of software or service breaching the SLA agreement and the dollar amount owed due to this occurrence and the provider either acknowledging that the breach was their fault and paying the cost of such or proving that the breach was not their fault. So if XRP isn't succeeding where are the law suits or arbitrations from the customers who are live on XRP???? Just a thought. I mean I see all the non verified reasons why XRP won't work at this point Ripple should have lawsuits out the rear you would think, but they don't!! Hmmm!!!If your product or service breaks SLA agreements and causes your customer a substantial loss or liability rest assured they will come after you. I have seen this first hand. Considering that the core of the business here is money I bet SLA's are structured really tight so if things are going south like some claim where is the fall out????
  10. Appears to be a Talent Sourcer for Ripple but It's kind of odd for a statement of this type to come out of his mouth representing himself as a Ripple employee. I can't say he will be wrong, I can't say he will be right, who knows. Just find it odd for so long we have virtually heard nothing from ripple employees when it speaks to timeline's and price and rightfully so but then we get a guy who from what I can tell on his linked in profile is a hiring manager or maybe not even a manager but a talent scout for Ripple speaking on price movement. Does he actually know anything or is this just his personal belief? If it's just a personal belief he should not be representing himself as a ripple employee, that within itself implies he has some inside view on things and can sway speculation. I mean it would have been better off if he did remain anonymous.. Even Bob Way a former employee didn't say where the price could or could not go in a certain time frame and I am sure he was a lot closer to the moving pieces than this guy. No telling what kind of NDA has been violated here.
  11. We seriously taking the credibility serious on this being a Ripple employee?? I'm not sure where it will be but I bet your ascot ripple has a rule in regards to employee's discussing price.
  12. I think Ripple wants to keep as much speculation out of the price of XRP as possible for the short term. Speculation adds to volatility the bulk of the crypto market is speculation but XRP seems a little insulated from the wild swings. I know the price needs to be higher to kick this thing into gear but a healthy rise as opposed to a spec sugar high is better. Imagine if they announce Amazon or a huge staple company will utilize XRP FOMO from speculation alone will drive the price up. I'm sure these announcements will come but right now they are probably going to be tempered to emphasize the stability of the asset.
  13. The Devil is in the detail, if this is just Xcurrent which they currently are using in production why say this?? I put the sentences in bold that stand out "Why would you need to tell us you have been testing Xcurrent for 2 years if you already have it running in production and have been for a while now, testing time for xcurrent has long past. Why would they express that they have made sure xcurrent complies with all local regulation?? Xcurrent does what SWIFT does and is a direct competitor product so compliance is a given.... “We actually have a blockchain-based international payments system that’s running on four of our corridors: Brazil, Mexico, UK, Spain. It’ll be on all 10 soon. Instant transfers at very, very tight spreads: 30 basis points. It’s a nice user experience. I use it myself. I sent money to the United States. It’s available same-day. Fantastic, and at a guaranteed rate.” In April of this year, Santander executive chair Ana Botín said One Pay FX is now powering more than half of Santander Group’s FX payments. “With this new initiative that is already in place, we’re actually covering 50% of all the FX payments that the Santander Group does annually. And it works really well, because the rails that we’re using – which, as you say, we’ve collaborated with Ripple – we’ve been testing those for two years, actually with our own employees. And it works. It’s safe. It’s fully compliant, and obviously we’ve made sure we comply with all local regulations. So you’re in safe hands.”
  14. There is something wrong with it definitely but the numbers don't lie a lot of people pay for this stuff. I have always thought that XRP would be a great facilitator for payments in this industry. There is enough room for more than just verge in this space. The porn industries net worth is north of 100 billion and in times of economic down turns sad to say this business and the alcohol business ramp up even more. The industry could benefit from the speed of settlement and the added benefit of things being trackable on the ledger to aid in catching bad actors in the industry
  15. One reason I didn't comment but wanted to post this out there so if anyone in the community could respond to the validity as I am highly doubtful on this one too as it relates to utilizing XRP currently.
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