Guest Posted October 17, 2017 Share Posted October 17, 2017 Paula Da Silva literally just took a massive dump on XRP with these comments. Link to comment Share on other sites More sharing options...
nav Posted October 17, 2017 Share Posted October 17, 2017 (edited) I am a long term hodler, but the way they answered the question fielded to them regarding XRP was very disappointing. Although their answers were completely reasonable, I was hoping that as "First Movers" something positive would have been said about the value of XRP as a bridge currency. I'm hoping for some good news by tomorrow to balance out the bad taste in my mouth right now. Edited October 17, 2017 by nav clarification ade, Ripple-Stiltskin and Let_her_Ripple 3 Link to comment Share on other sites More sharing options...
Guest Posted October 17, 2017 Share Posted October 17, 2017 To me, the tone of the answers regarding XRP was more along the lines of "who needs XRP" rather than "we are looking forward to jumping on as soon as the regulation is in place". I dont know...with the size of my investment, I am the last person to spread FUD. I just find it a little disappointing. Link to comment Share on other sites More sharing options...
jag216 Posted October 17, 2017 Share Posted October 17, 2017 I take a little bit of comfort in the combination of this set of comments with some comments offered at another talk earlier about how XRP needs to be a considerable magnitude higher in value to be a workable interest for banks doing cross border payments - part of me was worried that bank implementation was having minuscule pricing effect on the asset - so I am somewhat relieved to hear these banks are not all using XRP live right now at full steam and have been for six months. More room for growth, and also more time to grow the pile. Link to comment Share on other sites More sharing options...
Guest Posted October 17, 2017 Share Posted October 17, 2017 4 minutes ago, tartankiwi said: Paula Da Silva literally just took a massive dump on XRP with these comments. Paula Da Silva probably wanted in for some cheap XRP, just like that JP Morgan guy wants in with BTC.... This world... what do you expect? Link to comment Share on other sites More sharing options...
jag216 Posted October 17, 2017 Share Posted October 17, 2017 1 minute ago, Coretex said: To me, the tone of the answers regarding XRP was more along the lines of "who needs XRP" rather than "we are looking forward to jumping on as soon as the regulation is in place". I dont know...with the size of my investment, I am the last person to spread FUD. I just find it a little disappointing. The first person to speak - yes - she totally dumped on it, but she also explained her disinterest by saying they aren't using the system for currency conversion/exchange. I think the biggest person to gain on the panel (by volume) was the Indian bank speaking and if anyone knows anything about regulation and bureaucracy it is someone doing business in India - although this has improved considerably over the past few years from what I have heard. Link to comment Share on other sites More sharing options...
Storm Posted October 17, 2017 Share Posted October 17, 2017 Once they started discussing XRP, I found myself in a moment of panic sell, followed by an instant regret and re-buy Lost 100 xrp in a matter of seconds. After SWELL, I'm gonna stop looking at the forums/facebook groups all the time, and just look at news once a month. Vacek_aka_Luschka 1 Link to comment Share on other sites More sharing options...
jag216 Posted October 17, 2017 Share Posted October 17, 2017 (edited) I also have to imagine the person asking that question probably looked something like this, since everyone was hesitant to give what they knew would probably be an unpopular answer: EDIT: Sorry, no offense to the Zerper who asked the question, who apparently is on here! I just had to imagine they were not wanting to disappoint based on their trepidation. Edited October 17, 2017 by jag216 Link to comment Share on other sites More sharing options...
Charaleon Posted October 17, 2017 Share Posted October 17, 2017 I find that the answers to the XRP question although being negative, It felt like they only referred to it as any other crypto, not from a technical point of view. Since using XRP has a purpose for banks and apparently is suppose to help benefit them would they not eventually adopt ? Link to comment Share on other sites More sharing options...
XRPJoe Posted October 17, 2017 Share Posted October 17, 2017 Scratching my head at the price... I was looking for minimal or no news from this event. I think Ripple wanted to gladhand low to mid level managers VP's etc... Wonders how many are going to go home and buy some XRP for the long term. I also knew going into this week it would be 50-50 shot of it moving higher. Looks like I can pile up more when it hits a bottom. Link to comment Share on other sites More sharing options...
Ripple-Stiltskin Posted October 17, 2017 Share Posted October 17, 2017 I must admit that atm I’m very disappointed that even the first movers are not remotely thinking of using XRP and saying so out loud on a conference which is, imo, to promote Ripple as well as XRP. As a conference host I would not be pleased, knowing the world is watching the livestream. I hosted some conferences, but I always assured that any clients in a panel would speak positive about the main USP’s of my company. Otherwise better not invite them for a panel. I’ m clearly to negative atm, but sh*t , they better had said nothing at all. Regulations are hindering banks to use XRP coming years. So short or mid term target are FI’s or retail use cases. Still hoping! I’ m not a daytrader, my horizon is 2 years, which is too short term for banks obviously. 7strings, Vacek_aka_Luschka, Xrpdude and 1 other 4 Link to comment Share on other sites More sharing options...
popeji Posted October 17, 2017 Author Share Posted October 17, 2017 2 minutes ago, Ripple-Stiltskin said: I must admit that atm I’m very disappointed that even the first movers are not remotely thinking of using XRP and saying so out loud on a conference which is, imo, to promote Ripple as well as XRP. As a conference host I would not be pleased, knowing the world is watching the livestream. I hosted some conferences, but I always assured that any clients in a panel would speak positive about the main USP’s of my company. Otherwise better not invite them for a panel. I’ m clearly to negative atm, but sh*t , they better had said nothing at all. Regulations are hindering banks to use XRP coming years. So short or mid term target are FI’s or retail use cases. Still hoping! I’ m not a daytrader, my horizon is 2 years, which is too short term for banks obviously. Well I would hav been happy with an answer in which they would address the regulatory issue but in which they would state that the XRP proposition is interesting. But even the SBI RIpple Asia representative said they aren't using XRP and won't be using it for a long time. Link to comment Share on other sites More sharing options...
XRPJoe Posted October 17, 2017 Share Posted October 17, 2017 Just now, Ripple-Stiltskin said: I must admit that atm I’m very disappointed that even the first movers are not remotely thinking of using XRP and saying so out loud on a conference which is, imo, to promote Ripple as well as XRP. As a conference host I would not be pleased, knowing the world is watching the livestream. I hosted some conferences, but I always assured that any clients in a panel would speak positive about the main USP’s of my company. Otherwise better not invite them for a panel. I’ m clearly to negative atm, but sh*t , they better had said nothing at all. Regulations are hindering banks to use XRP coming years. So short or mid term target are FI’s or retail use cases. Still hoping! I’ m not a daytrader, my horizon is 2 years, which is too short term for banks obviously. Disappointed as well why invite people that are going to speak negativity. Does anyone know what regulation they are speaking of? I think they are full of BS? There is no solid regulation from them using XRP. The Banking Cartel writes the rules . Sounds like these people want to crush XRP as opposed to adopt to new technology in a timely manner. jfmaalouf, Vacek_aka_Luschka and dgoddard 3 Link to comment Share on other sites More sharing options...
popeji Posted October 17, 2017 Author Share Posted October 17, 2017 1 minute ago, XRPJoe said: Disappointed as well why invite people that are going to speak negativity. Does anyone know what regulation they are speaking of? I think they are full of BS? There is no solid regulation from them using XRP. The Banking Cartel writes the rules . Sounds like these people want to crush XRP as opposed to adopt to new technology in a timely manner. The person(s) behind this conference really should be fired imo, how indeed can you invite these speakers without probing them first on these topics. I think the time isn't right yet for a conference like this. jfmaalouf 1 Link to comment Share on other sites More sharing options...
XRPJoe Posted October 17, 2017 Share Posted October 17, 2017 Just now, popeji said: The person(s) behind this conference really should be fired imo, how indeed can you invite these speakers without probing them first on these topics. I think the time isn't right yet for a conference like this. Does anyone know the background of the event organizers PR people etc... Sounds like they were hired right out of College with little to no experience. Professional PR people would of never let this happen. jfmaalouf 1 Link to comment Share on other sites More sharing options...
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