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Yet another great read!  Being that you are in consulting I'm curious your thoughts on the impact of having all big 4 firms as either Ripple or R3 partners?  What does it mean for integration and speed of adoption?  We have Treacher and others claim on boarding as many as 2-3 clients per week but with an untold number of smaller consulting firms such as Avasant that I've never heard of (thank you for that) as well as all the Big 4 am I alone in thinking its possible to have on boarding #'s orders of magnitude higher with appropriate demand?  You are more knowledgeable on the technical integration requirements Ripple has for new customers, knowing who the partners are that can integrate customers onto RippleNet what are your estimates for potential weekly new customers?  

Also, have to give a shoutout for Thomas's amazing detective work!  You are bringing more truth and transparency to this space.  Thanks for your efforts.  

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Blog URL:  https://xrpcommunity.blog/the-rise-of-digital-assets-in-2019/ Digital assets will rise this year.  In today's blog I talk about market cycles and highlight the major XRP news stories i

I have a good feeling about this.  It feels like XRP is 'winning' on social media despite the best protectionist efforts by early Bitcoin investors.  Their attempts at distraction are starting to

Thank you for another digest.  After such a long period of unrelenting decline we all psychologically take on becoming bears ourselves.  It is reassuring when people who have long experience in the cr

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Thank you for another digest.  After such a long period of unrelenting decline we all psychologically take on becoming bears ourselves.  It is reassuring when people who have long experience in the crypto-markets express confidence about the future of our investments.

I am not confident that Bitcoin will take off in the same way that it has in the past (although I think it likely that it has one more bull cycle in it before it is abandoned because of its tech weaknesses).  A Bitcoin crash now would probably have the gravitational pull to crash the XRP price too.  

I am confident that the XRP story will at some point break and go viral (maybe still months away).  Everything is now in place (except perhaps a SEC ruling).  All the research has been done, the Bitcoin maximalists have had their chance to throw FUD and missed, early adoption is now under-way.   For this reason I am confident that all XRP needs to do is cross certain thresholds in media attention, as soon as that happens all the elements will combine in an explosive mix that will launch XRP like a rocket.  

Edited by Julian_Williams
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5 hours ago, aavkk said:

Being that you are in consulting I'm curious your thoughts on the impact of having all big 4 firms as either Ripple or R3 partners?  What does it mean for integration and speed of adoption?  We have Treacher and others claim on boarding as many as 2-3 clients per week but with an untold number of smaller consulting firms such as Avasant that I've never heard of (thank you for that) as well as all the Big 4 am I alone in thinking its possible to have on boarding #'s orders of magnitude higher with appropriate demand? 

I got my start working for Big Four consulting firms; typically they will 'talk a good game' to market to potential clients, and they will typically oversell their capabilities and skills by a factor of around 50% in marketing material. 

That being said, I've heard (second hand with no official source) that three of them have specific practices for blockchain tech. 

If you look at any software package that's popular, from SAP to SalesForce, each of the Big Four firms will have a practice (or multiple practices for different P&Ls) that purports to have the ability to implement the software and maintain it for clients. 

I can definitely see the same thing taking shape for Ripple technology, but I don't know if Ripple is completely okay with this or not. If they get a 'piece of the pie' in terms of licensing or training or certification, I can see them going for it. 

Having the Big Four firms implement ripple tech as a 3rd party would be a sign of growing adoption, so I view it as good news, generally. 

5 hours ago, aavkk said:

You are more knowledgeable on the technical integration requirements Ripple has for new customers, knowing who the partners are that can integrate customers onto RippleNet what are your estimates for potential weekly new customers?

I only know what's publicly available.  I think Ripple has said they're signing two customers per week, or some amazing number.  That's a LOT of customers, and a lot of licensing revenue.  They are clearly gaining traction, or least a sizable niche market! 

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3 hours ago, Julian_Williams said:

For this reason I am confident that all XRP needs to do is cross certain thresholds in media attention, as soon as that happens all the elements will combine in an explosive mix that will launch XRP like a rocket.  

I have a good feeling about this.  It feels like XRP is 'winning' on social media despite the best protectionist efforts by early Bitcoin investors. 

Their attempts at distraction are starting to fail in a very big way.  We don't need P.O.W. destroying the planet just to make a few early Bitcoin investors rich.  No thank you. 

I think most people, even some that have bags of POW coins, secretly agree with me.

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6 minutes ago, Hodor said:

 

I can definitely see the same thing taking shape for Ripple technology, but I don't know if Ripple is completely okay with this or not. If they get a 'piece of the pie' in terms of licensing or training or certification, I can see them going for it. 

Having the Big Four firms implement ripple tech as a 3rd party would be a sign of growing adoption, so I view it as good news, generally. 

 

Thanks for the thoughtful reply.  I can't imagine Ripple wouldn't support the Big 4 in fast-tracking their adoption.  Whatever piece of the pie Ripple would be giving up you could argue would be coming back exponentially in a rising XRP price.  Though this is quite indirect.  I agree that 2 customers per week is huge but I think it was Asheesh who mentioned a goal of his is reaching 1000 customers in 2 years recently.  ~800 needed with about 240 working days per year.  It seems like they will either expand their integration and support team about 10x or piggyback with the consulting firms.  Either way, I wouldn't be surprised if they reach or even exceed that #.  Exciting times ahead.  

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22 hours ago, Hodor said:

 

Digital assets will rise this year.  

 

I'm a bit skeptical here. If the global credit supply is decreasing, interest rates are rising, and incomes are falling--the increase in price of digital assets would require a shift in portfolio allocations away from other assets to crypto. 

That means that this statement should actually read as: crypto is a countercyclical or safe-haven asset. 

But then you don't support that statement with any evidence. 

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17 hours ago, Hodor said:

I have a good feeling about this.  It feels like XRP is 'winning' on social media despite the best protectionist efforts by early Bitcoin investors. 

Their attempts at distraction are starting to fail in a very big way.  We don't need P.O.W. destroying the planet just to make a few early Bitcoin investors rich.  No thank you. 

I think most people, even some that have bags of POW coins, secretly agree with me.

I don't understand why investors with stashes of PoW coins don't change them for XRP or PoS tech?  Your last but one post was followed by Galgitron's coruscating take down about the weaknesses of PoW, both were brilliant easy to read wake up calls to these investors.  I know people tend to need a moment for reflection before making decisive life-changing changes, but surely the graffiti on the wall is now written big in red block capitals; "IF YOU ARE INVESTED IN PoW TECH YOU ARE INVESTING IN CERTAIN FAILURE".  Why let your investments deteriorate when there are such obvious alternative remedies?

I think one way a XRP bull run might start would be if a few whales started transferring and this then caused a cascade out of ETH BTC into XRP.

Edited by Julian_Williams
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4 hours ago, Wandering_Dog said:

But then you don't support that statement with any evidence. 

 

By "rise" I meant a myriad of things, including adoption, use worldwide, and yes - overall market cap - which *should* in a perfect world mean higher individual unit prices across-the-board.   But the market is unpredictable and irrational.  The cryptomarket might still 'rise' while individual choices within it remain unpredictable. 

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3 hours ago, Julian_Williams said:

surely the graffiti on the wall is now written big in red block capitals

If you look at the last 'massive dump' of Bitcoin, you'll notice that it took the whole market down, but XRP was down the least, which means that demand for it was higher than the other choices that took larger losses.  

Investors are preferring utility coins like XRP, and it's no wonder- the new blood respects the same things that the stock market did after the dot com crash - projects that have a real shot at succeeding in a big way. 

I truly believe that some early Bitcoin investors are timing their massive sales to 'hit the prices' of the market and then they buy in to what they feel are good bets down the list, including XRP. 

When they sell (Bitcoin), it's fast, so they can bring the market down.  When they buy, it's slow, so they can get the best prices. 

It's quite clear to me, but it boggles my mind how some mainstream investors haven't looked past the marketing to see the true technological value of each network and project.  Some still think 'crypto = Bitcoin.'   It requires XRP fans to keep educating others. 

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4 hours ago, Julian_Williams said:

I think one way a XRP bull run might start would be if a few whales started transferring and this then caused a cascade out of ETH BTC into XRP.

Perhaps some whales are allready doing that, gradually but ongoing. XRP has risen compared to BTC over the past months (remember september). I can imagine they don't want to throw in all their cash but keep buying low as long as they can. At a certain point the spring has been pushed down too much however, and then...

Also, many of my crypto buying friends I talk to also buy bitcoin, next to XRP ofcourse after many talks we had. When you ask them why they answer they believe (based upon history, it always did) it will be the first to rise. In my opinion it's a gamble in where they're hoping it will do it's trick one more time. Most of them want short term gains and think BTC is going to bring that. They're not really looking into fundamentals but more into fomo... sadly.

Edited by Caracappa
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11 minutes ago, Caracappa said:

Perhaps some whales are allready doing that, gradually but ongoing. XRP has risen compared to BTC over the past months (remember september). I can imagine they don't want to throw in all their cash but keep buying low as long as they can. At a certain point the spring has been pushed down too much however, and then...

Also, many of my crypto buying friends I talk to also buy bitcoin, next to XRP ofcourse after many talks we had. When you ask them why they answer they believe (based upon history, it always did) it will be the first to rise. In my opinion it's a gamble in where they're hoping it will do it's trick one more time. Most of them want short term gains and think BTC is going to bring that. They're not really looking into fundamentals but more into fomo... sadly.

None of my friends invest in or talk crypto.  I dohowever get this feeling that people who invest are often using crypto as a gaming site with better odds than you get on the horses or in a casino.

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2 minutes ago, Julian_Williams said:

None of my friends invest in or talk crypto.  I dohowever get this feeling that people who invest are often using crypto as a gaming site with better odds than you get on the horses or in a casino.

My mates still do their $100 per week bets on the EPL. I used to but since I've chucked a lot of money on xrp I've not much interest anymore..............this is my big (hopeully) educated bet

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