Zerpening Part 2: The Sequel

[apfelbaum]

What time is the garlinghouse interview and is there a stream somewhere ?

[steffenmanden]

http://www.livenewschat.eu/stocks/ 

It's at 11 pm CET

[Guest]

1 minute ago, Mr_McFearson said:

Continuing this, if there is much less $$ in the system than is reported; Tether having maintained its 1:1 ratio promise (would literally mean that tether is a dollar for every u.s. dollar at all times) there is literally 2.2 billion DOLLARS of tether circulating. Note: with the Tether having being printed off, kickstarted Bitcoin's huge rise (and so with everything else that traded with bitcoin)

An actual professor did research and concluded that there is very little relation between Tether and the rise in Bitcoin price. The article was posted here somewhere a while ago.

FYI, the US government prints dollars whenever they want and it’s worth whatever they say it is worth. 

[CryptoOwl]

Seriously, what's up with Twitter lately? ? I think they are the ones who should get their **** together and ban bots from their platform... Lock down that API that allows writing to Twitter and problem solved. Unlock it for business users who does verification. 

 

[WishfullT]

Diipa daapa ja karuselli pyörii. I feel that for the moment anyway crypto is one big circus where most of the time one can only take a seat and wait to see what happens. Tether, whales, pump&dump groups, FUD and FOMO, it's like names for circus acts ... Welcome to the circus ... 

[RalphWaldo]

Anybody that thinks their money is lost and who keeps it in XRP isn't paying attention.  XRapid Beta was just created this fall.  There are 5 major organizations confirmed testing it.  There could be untold countless more testing it without wanting the test to go public.  When those companies go live, when SBI goes live, when X partner is announced and goes live, etc. Then you will see how much its all worth.  

[RegalChicken]

1 minute ago, CryptoOwl said:

Seriously, what's up with Twitter lately? ? I think they are the ones who should get their **** together and ban bots from their platform... Lock down that API that allows writing to Twitter and problem solved. Unlock it for business users who does verification. 

 

Twitter is a joke. Site like Twitter, FB, Instagram, etc should not let users use pseudonyms.  It just leads to the future myspace. Twitter used to be real people with real names. now it's just spam and garbage. 

[CryptoOwl]

1 minute ago, WishfullT said:

Diipa daapa ja karuselli pyörii. I feel that for the moment anyway crypto is one big circus where most of the time one can only take a seat and wait to see what happens. Tether, whales, pump&dump groups, FUD and FOMO, it's like names for circus acts ... Welcome to the circus ... 

A fellow Finn on the board! Moikka! That is very much true, however it's quite rare that retail investors can effect on any investment. Let it be stocks, bonds or whatever rocks your boat. It'd always much bigger karuselli than any of us can control. 

[RegalChicken]

Just now, RalphWaldo said:

Anybody that thinks their money is lost and who keeps it in XRP isn't paying attention.  XRapid Beta was just created this fall.  There are 5 major organizations confirmed testing it.  There could be untold countless more testing it without wanting the test to go public.  When those companies go live, when SBI goes live, when X partner is announced and goes live, etc. Then you will see how much its all worth.  

I always think about this. Cuallix production scale use of xRapid = XRP to $1.

Consider how much larger MGI, WU, etc all are and add a multiple for each one. 61 banks in Japan go live with xRapid, XRP = $61.  

It's not scientific, but I'm not in the mood to crunch numbers. The last time I did based upon some of the reading on Buckors blog I felt it was easy for XRP to hit $200. 

[Guest]

I mentioned this in The Tinfoil Hat Club, But the Japanese fiscal year starts on April 1. So if say, a giant bank wants to purchase  an ongoing license for xRapid, that would be in the 2018-19 budget. 

[RalphWaldo]

1 minute ago, RegalChicken said:

Twitter used to be real people with real names. now it's just spam and garbage. 

Unrelated but somewhat funny - when I read this quote all I heard was Brad G saying "we are solving a real problem for real customers" 

[RalphWaldo]

1 minute ago, HodlOnASec said:

I mentioned this in The Tinfoil Hat Club, But the Japanese fiscal year starts on April 1. So if say, a giant bank wants to purchase  an ongoing license for xRapid, that would be in the 2018-19 budget. 

This is why I love XRPChat. I had no clue Japan's fiscal year started on April 1.  Great insight.  Thanks!

[Lucien]

6 minutes ago, CryptoOwl said:

Seriously, what's up with Twitter lately? ? I think they are the ones who should get their **** together and ban bots from their platform... Lock down that API that allows writing to Twitter and problem solved. Unlock it for business users who does verification. 

 

Twitter means “cesspool “ in Swahili.  I may have made that up.

[buckor]

I always think about this. Cuallix production scale use of xRapid = XRP to $1.
Consider how much larger MGI, WU, etc all are and add a multiple for each one. 61 banks in Japan go live with xRapid, XRP = $61.  
It's not scientific, but I'm not in the mood to crunch numbers. The last time I did based upon some of the reading on Buckors blog I felt it was easy for XRP to hit $200. 

Does that mean 11,000 banks, $11,000 XRP?

[XRPanda]

16 minutes ago, RegalChicken said:

everything I'm reading is suggesting that there is greater diversity in ownership. There are more owners than before, spreading the holdings around.  there are definitely whales but there are a lot more small players than there were 2-3 years ago too. 

Reading between the lines: Whales are perpetual around, messing up the market just for their profits. The should mean that when the market grows bigger, the Whales will become larger too and have more influence of keeping the prices down. Not a very promising expectation...

What should it take to take Whales down? I think nothing can. Those with the deepest pockets control the market. Or am I wrong? (sure hope I am)