Answer: Will Ripple become a market maker?

[Snafu]

(Bob's note: this was split from the Impactful things list, because it is incorrect and I wanted to respond)

That Ripple with its huge amount of xrp will become a "market maker" taking on the problem of price volatility.

 

Edited March 12, 2019 by BobWay

[Guest]

15 minutes ago, Snafu said:

That Ripple with its huge amount of xrp will become a "market maker" taking on the problem of price volatility.

wow i thought i read everything! but i didnt see this specifically (although we've discussed the topic before speculatively -- as well as ripple becoming a lender of last resort and doing other things in financial services)

snafu, can you link me to the relevant bits?!

Edited March 12, 2019 by Guest

[Snafu]

2 hours ago, zerpdigger said:

wow i thought i read everything! but i didnt see this specifically (although we've discussed the topic before speculatively -- as well as ripple becoming a lender of last resort and doing other things in financial services)

snafu, can you link me to the relevant bits?!

 

[Guest]

43 minutes ago, Snafu said:

 

so your source was... me?!

ha, thats classic 

Edited March 12, 2019 by Guest

[Snafu]

1 minute ago, zerpdigger said:

so your source was... me?!

thats classic 

thats modesty

[BobWay]

3 hours ago, Snafu said:

(That Ripple with its huge amount of xrp will become a "market maker" taking on the problem of price volatility.

No this was incorrect speculation. I do not expect Ripple to become an active market maker.

Please read the bottom of the Wen Moon post for way too much additional detail.