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40 days left for the promised Ripple escrow of a significant amount of company held XRP. By end of 2017, they've said. Most crypto market cap summaries value XRP as one of these: "3rd highest" "4th highest" "top 10 crypto currency". Take away 60 plus% of the circulating supply, moving into the 300M range, down from 1 billion and the market cap drops significantly. I have a sense that this is "told you so" and "dump the garbage" territory for XRP...if one does not understand the underlying technology of the asset. And most don't. Do you have the sense that even though the longer term value is enhanced by restricting how XRP becomes available to the buying public that this event creates a significant risk of downward pressure for the token? I do. How much? I'm curious about "the intelligence" of the contributors to this site to get a better picture of how much XRP may be affected. -
I've just volunteered to give someone a few of my XRP because they missed out on being one of the first ten people that were going to be given some LINK tokens by a guy who posted a photo of the LINK / SWIFT architecture. I saw an opportunity to give Ripple a chance to compete at a "bottoms up" level during the conferences next week. I brainstormed. Here's what I've come up with. I'm putting my money where my mouth is, right where my conviction lives with XRP. I'm not sure how much I'll put into this marketing promo for SWELL but over the next four days, I'm going to offer a few XRP to people who respond to my posts in various places. I'm considering matching what Gatehub used to do (or do they still offer incentives to sign up?), a 20 XRP delivery to a person's XRP address if they'll 1) simply look at the overview I intend to put into a .pdf and post; 2) sign up here at XRPChat and 3) reply with an opinion on why they would choose SWIFT over XRP or XRP over SWIFT. Three questions to the zerpers here: 1) What would you highlight in a short blurb to a skeptical public? 2) Would you consider throwing a 100 or more XRP into a pool beyond the 1000 or more that I plan to "put in play" for the marketing leading into SWELL? 3) Will I be creating any sort of legal issue that you're aware of by conducting a give-away like this? Sure could use good insights. ....brain, no longer storming.
