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LoneWolf

Q4 xRapid Partnerships

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18 minutes ago, Tehol_Beddict said:

How can the market price what it doesn’t know? They anounce Amazon and Alibaba and the price won’t rise?

I don’t think the market has even priced in current underlying value based on the total addressable market of cross-border payments and Ripple’s progress towards capturing some of it.

Good point, but also don't underestimate hype and fomo! There are no CERTAIN indications of widespread XRP adoption in the near future. So far, just a lot of talk about NDAs and such. 

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I think a simple way to clarify things would be if company ABC says "in our third quarter we made a public announcement pertaining to X and we'll make some more announcements pertaining to X in our 4th quarter. " 

Now they've put the onerous on themselves to fulfill this obligation. 

I agree this whole discussion is still premature but it does still need to be had. I mean look at all the people unwillingly to acknowledge that there is some unfulfilled responsibility on Ripple's shoulders.

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If I had to guess, I would say we'll hear about at least one more xrapid partner in the Q4 report, and I doubt it will be either of the "household names" although I hope it is! If we don't, there could be all kinds of reasons, and it doesn't mean they didn't fully expect to announce more xrapid partners at the time the 3rd quarter report was written. Since we don't have all the information, we are not sitting in on the meetings, and taking the phone calls from clients, all we can do is speculate, which really doesn't get us very far. We are left dissecting every word in the Q3 report trying to determine if they meant "during the 4th quarter" or "in the 4th quarter report" or when exactly the 4th quarter actually is. And we are left piecing together separate statements by ripple employees that were not meant to be combined. They have said they are working with other xrapid partners, and I don't have a reason not to believe them. While I agree with some of what's said here about following through with promises, if they choose to delay their announcement, we can either trust they have good reasons or not, and given their track record I would say they have been making some good business decisions. Still, that's up to the individual investor to decide. Anyway, reading the q3 report my interpretation is that the news could come in the q4 report, all language nitpicking aside. So I think this thread is a bit premature. 

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3 minutes ago, charmaser said:

I agree this whole discussion is still premature but it does still need to be had. I mean look at all the people unwillingly to acknowledge that there is some unfulfilled responsibility on Ripple's shoulders.

I suggest self-immolation or maybe a hunger strike. This conversation is useless. 

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Sorry to disagree on your first post, no offense intended.
Ripple in fact does care about the community and they are showing it too. 
Financially they also have an interest in a higher price, they have a war chest and are paying operating expenses out of XRP sales at the moment. 
Of course they have an interest in higher prices, but keep it real, Ripple will make money at any price (they are selling pre-mined, virtual casino chips... money for nothing), so long as the market for xrp exists. So their focus is on building the network, and SHAREHOLDER value, which they have clearly made gains with. The increased value of xrp will come later as a direct result of those efforts.

Ripple is clearly not trying to take the cryptospeculating world by storm, they're trying to take the world, full stop. The massive corrections experienced by Bitcoin and others will scar many "investors" and do crypto a disservice in the long run. Count on Ripple, and its stability.

I wouldn't worry too much about missing Q4 announcements, or any announcement for that matter as they relate to the price of xrp. Xrp's value won't truly be realized until it is widely adopted, and that won't be Q1 2018, I promise you.



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4 hours ago, FUDFatigue said:

so what im trying to say is what are you expecting? It seems counterintuitive to accuse someone of not doing something before the time they said they would do it.

Mmmm.... true but Ripple is seriously testing the XRPchat community nerves with the Q3 statement.... “the magic statement is probably still in transit”....:rolleyes:

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9 hours ago, panmores said:

The question is not whether Ripple has the right to announce what and whenever they want, sure they can do as they please.

The question is Miguel's "announcement" in Q3 report:

https://ripple.com/xrp/q3-2017-xrp-markets-report/

Screen Shot 2017-12-28 at 18.42.37.png

Exactly. Yes they have right to announce things as they please is correct but the problem comes when people start saying yes they announced it but they dont owe us anything..? And label anybody who demands answer as FUDSTER, i think lot of people use this word to oppose a difference of opinion specifically if its something Ripple needs to work on( Regardless of comment being true or not) come on guys most of us here love xrp and Ripple but that does not make RIPPLE  perfect , and Please dont give away ur rights of asking questions and demanding information as investors by saying Ripple does not owe us anything,  because yes we are not shareholders but we have stake in it which was allowed by Ripple in the event when they collected funds using tokens and advertising their intent, plan to use the funds.

Edited by Rchopra
Grammar, typo

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44 minutes ago, Troublemecca said:

I wouldn't worry too much about missing Q4 announcements, or any announcement for that matter as they relate to the price of xrp. Xrp's value won't truly be realized until it is widely adopted, and that won't be Q1 2018, I promise you

This is totally besides the point and the topic. We’re not worried about Ripple or announcements!  Jeezz...

- they publice a quarterly report

- for everyone to read

- that’s for investors, speculators, POTUS, the Russians, my mother and men on the moon

- in the last report they said: “ more XRapid partners will be announced in Q4”

Now its almost the end of Q4, so in this topic we’re wondering if they keep word or not and if not, if that is bad or not. Thats the topic. 

Edited by Ripple-Stiltskin

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This is totally besides the point and the topic. We’re not worried about Ripple or announcements!  Jeezz...
- they publice a quarterly report
- for everyone to read
- that’s for investors, speculators, POTUS, the Russians, my mother and men on the moon
- in the last report they said: “ more XRapid partners will be announced in Q4”
Now its almost the end of Q4, so in this topic we’re wondering if they keep word or not and if not, if that is bad or not. Thats the topic. 
My bad.

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1 minute ago, Troublemecca said:
6 minutes ago, Ripple-Stiltskin said:
This is totally besides the point and the topic. We’re not worried about Ripple or announcements!  Jeezz...
- they publice a quarterly report
- for everyone to read
- that’s for investors, speculators, POTUS, the Russians, my mother and men on the moon
- in the last report they said: “ more XRapid partners will be announced in Q4”
Now its almost the end of Q4, so in this topic we’re wondering if they keep word or not and if not, if that is bad or not. Thats the topic. 

My bad.

It was nothing personal though. No worries. 

Sometimes when a topic contains the slightest criticism on Ripple , you get answers which are completely off topic and insinuating that you’re not a true believer, greedy, or other funny names. 

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I think the heart of the matter is Managing Customer Expectations

Managing customer expectations is something that any smart marketing of a company will know is almost as equally important as the customer itself. If you do not deliver according to customer expectations, you risk losing them to a competitor. If you tell a client a product or service will be completed by a certain time and fail to keep your word... you have lost confidence. If you do it repeatedly, soon you will not have any customers. 

The issue at hand is that Ripple's press release indicated there would be xRapid announcements in Q4. If they are not able to do so, they should issue guidance to manage customer/community expectations. 

On the other side is the hype that the crypto community whips any rumor or tweet into a major deal. As joelkatz found out with his joke about "when moon? Friday at 5PM" and his slip of "2 household names".

The reality is that we as small bag holders aren't really their specific client. 

How does a company really successfully manage both? Ripple owes us small bag holders really nothing; however, if they rely on small bag holders to help with liquidity then they should issue some kind of guidance even if it's as simple as a tweet that says... "those fourth quarter xrapid announcements, our commitment to announcing only when partners are ready means we'll do it when they're ready and that hasn't arrived yet. Thanks for understanding."

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