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XRP vs XLM - technology?

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6 hours ago, Django said:

Hi guys,

i have read in a few german article about crypto that Stallar may have the better technology than Ripple. But they never went in detail about this statement. Could Stellar really be dangerous? I know Ripple has an big lead with his cooperations and so on ... but from the technical side, the system behind the token? What's your opinion?

Best regards, Django ( - the d is silent)

I think we should step back a bit and think what drives adoption.  Is it really technology or usage ?.  Of course one good tech can drive usage.  However as we all know there are lots of examples in the real world where something that has better tech was not ultimately adopted for various reasons.

case in point:  BetaMax vs. VHS

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44 minutes ago, richxrp said:

Case in point:  BetaMax vs. VHS

If it was still the 1980s, you might have a point here. But today’s technological  interconnectedness is lightyears ahead. Better tech is essential now.

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5 minutes ago, JA8 said:

If it was still the 1980s, you might have a point here. But today’s technological  interconnectedness is lightyears ahead. Better tech is essential now.

I respectfully disagree.

Back then, it was economics that influenced the eventual rise for VHS just as it did VCD over DVD even though the latter was clearly superior. 

Fast forward to now and in the future, economics will always play an important role in determining the technology that wins or falls behind.. With Cryptocurrencies, the name of the game is adoption, usage and ultimately liquidity all of which are dictated by the economic value of using a particular network... rather than tech superiority being the important metric for gauging success.

Edited by richxrp

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Stellar have more on-ledger activity than XRP ledger now. Especially the trade activity on DEX.

I monitor the stellar network for one hour, following tokens have trade activity on DEX.

Quote

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On ‎3‎/‎18‎/‎2019 at 1:18 PM, 010101 said:

I believe until real banks start using XRP I don't believe there will be a MOON.

How many banks were using Xrapid when XRP bull run took off 65.000%?

On ‎3‎/‎18‎/‎2019 at 1:57 PM, 010101 said:

You can have the best ideas/tech and just get passed on by. Real true usage will prove who the winners are no PR's

Honestly, i don´t really know why didn´t sell your XRP yet if you thing we´ll get passed on, or we can´t prove real usage, etc...

 

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26 minutes ago, jorgerios said:

How many banks were using Xrapid when XRP bull run took off 65.000%?

Honestly, i don´t really know why didn´t sell your XRP yet if you thing we´ll get passed on, or we can´t prove real usage, etc...

 

I just don't believe there will be any "wen moon" event until banks, large financial institutions are using xRapid. All of the other noise in the XRP space is just that. 43 Billion coins and growing won't and doesn't move easy, but with all of the $$$ Ripple spends on connections and retaining top talent if any company can crack into the financial space in a huge way it is them. That is why I hold 25%! 

Until then I will smile as BNB, BAT, ELF, RVN have made me very happy in 2019!

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46 minutes ago, 010101 said:

I just don't believe there will be any "wen moon" event until banks, large financial institutions are using xRapid

I rather prefer to make a fire with wood althought it´s much slower than making a fire with bunch of paper...

XRP it´s the wood fire 

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14 minutes ago, jorgerios said:

I rather prefer to make a fire with wood althought it´s much slower than making a fire with bunch of paper...

XRP it´s the wood fire 

No, guarantees, but YES< that is what all of us investing in XRP> are hoping for.

 

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On 3/18/2019 at 9:18 AM, 010101 said:

We all have different metrics we judge our beloved Ripple and even more beloved XRP by don't we! I don't care about any release that involves Ripple giving another company/project millions of XRP nor do I care about any "partnership" that only does a handful of transactions in 3-6 months.

This forum used to say watch all of these "partnerships" using xCurrent will just flip the switch to xRapid! I'm not even sure I care about that too much these days because I don't see it happening either even though xRapid has been live 5 months. I care about BANKS real BANKS not Euro Exim (900k in asset banks) the rest all you guys/gals can argue about IOV, Video games, gambling, or whatever other latest buzzword is popular. I believe until real banks start using XRP I don't believe there will be a MOON.

So, to me Ripple releases a lot of PR's, Brad talks a lot, I just don't see a lot of those PR's correlating to real XRP usage I own other coins that have done well, so I'm not complaining about crypto, but XRP hasn't done anything this year. Where are the banks Brad?

 

 

So what happens when all of us original holders dump our xrp causebprice spikes during next bull run to $10+ ? Xrapid and the banks you speak of need people like us to buy and sell the xrp to in order to complete the actual fiat settlement... all of those game and xrp given to regular companies to use xrp is ESSENTIAL to xrp existence and use it’s banks. When there isn’t any profit to be had with xrp, what will you buy it for? What would anyone buy it for? 

Now if xrp is used with emails, messaging, games, online content... what would people buy xrp for? 

You need to to build an entire network of companies to have xrp be used by people AFTER there is no profit to be had. Otherwise xrapid can’t be used when regular  can’t profit off it(therefore don’t buy it). How do you sell that idea to banks lol.

so put it this way, you go into the bank and try to sell ripple software and say hey, if customer needs to send money out of the country, our program will buy xrp on the spot and sends to destination country and sells xrp on the spot in destinations fiat... boom sells itself.

so customer would logically ask, who sells us the xrp and who do we sell the xrp to in destinations fiat?

ripple sales person would respond, well since it is public traded tokens, it’s very easy to sell/buy through exchanges we are partnered with. The xrp will be sold or purchased by anyone, anywhere inside of our software so there is not much education needed by your employee.

bank says, well that sounds great but are you sure when the bitcoin hype goes away or something bad happens to crypto, then how do we buy/sell xrp?

ripple employee can then say 2 things: 

well we have spent a lot of time and focus on just getting customers enrolled and using our xrapid product and as time goes on you should take our word for it that crypto is always going to have buy/sell value.

or:

I’m glad you asked this question because ripple has actually spent a lot of time and effort giving xrp to various start up companies that we believe will create new use cases and value to the token so even if people do not know about xrp, it will be bought/sold and used by a huge array of companies all over the globe. We have thought about the future of crypto and realize as time goes on, speculation starts to fade and profitability drops for everyday exchanges and people, we know the community we’ve built will give Xrp the necessary backbone to always provide liquidity for all our customers needs.

 

RANT :

its so annoying to hear people whine about price and claim to know how xrapid works and supposed follow ripples movements but cannot look past how the tech will work WHEN one day crypto doesn’t have the big sign up saying, get in now and you can have 1000x returns.

Edited by Rickyh89
RANT

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I think competition is healthy in any industry. XLM and XRP will keep each other in check and make sure one doesn't get too 'lazy' and stops innovating. I hold both XLM and XRP and I hope both of them do well. I think we are at a tipping point now that regulations are starting to ramp up and governments and businesses are starting to put plans in for adoption. XRP might be the standard for certain platforms, and XLM might be the standard on another. At the end of the day I can always convert XLM to XRP or XRP to XLM using Bitcoin or ETH. 

I think if you're afraid of XLM you're too far invested in one single aspect of crypto and you should diversify more, but it's your money not mine so do what you think is best :)

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1 hour ago, Rickyh89 said:

 

So what happens when all of us original holders dump our xrp causebprice spikes during next bull run to $10+ ? Xrapid and the banks you speak of need people like us to buy and sell the xrp to in order to complete the actual fiat settlement... all of those game and xrp given to regular companies to use xrp is ESSENTIAL to xrp existence and use it’s banks. When there isn’t any profit to be had with xrp, what will you buy it for? What would anyone buy it for? 

 

Now if xrp is used with emails, messaging, games, online content... what would people buy xrp for? 

You need to to build an entire network of companies to have xrp be used by people AFTER there is no profit to be had. Otherwise xrapid can’t be used when regular  can’t profit off it(therefore don’t buy it). How do you sell that idea to banks lol.

so put it this way, you go into the bank and try to sell ripple software and say hey, if customer needs to send money out of the country, our program will buy xrp on the spot and sends to destination country and sells xrp on the spot in destinations fiat... boom sells itself.

so customer would logically ask, who sells us the xrp and who do we sell the xrp to in destinations fiat?

ripple sales person would respond, well since it is public traded tokens, it’s very easy to sell/buy through exchanges we are partnered with. The xrp will be sold or purchased by anyone, anywhere inside of our software so there is not much education needed by your employee.

bank says, well that sounds great but are you sure when the bitcoin hype goes away or something bad happens to crypto, then how do we buy/sell xrp?

ripple employee can then say 2 things: 

well we have spent a lot of time and focus on just getting customers enrolled and using our xrapid product and as time goes on you should take our word for it that crypto is always going to have buy/sell value.

or:

I’m glad you asked this question because ripple has actually spent a lot of time and effort giving xrp to various start up companies that we believe will create new use cases and value to the token so even if people do not know about xrp, it will be bought/sold and used by a huge array of companies all over the globe. We have thought about the future of crypto and realize as time goes on, speculation starts to fade and profitability drops for everyday exchanges and people, we know the community we’ve built will give Xrp the necessary backbone to always provide liquidity for all our customers needs.

 

RANT :

its so annoying to hear people whine about price and claim to know how xrapid works and supposed follow ripples movements but cannot look past how the tech will work WHEN one day crypto doesn’t have the big sign up saying, get in now and you can have 1000x returns.

Your argument is practically circular and Ripple isn't XRP :)

Crawl, Walk, Run I can complain about adoption all I want because BRAD GARLINGHOUSE SAID in June: 

Quote

"I've publicly stated that by the end of this year I have every confidence that major banks will use XRapid as a liquidity tool," Garlinghouse told CNBC in an interview at the Money 20/20 Europe fintech conference in Amsterdam, Netherland, that aired on TV on Tuesday.

"You know, by the end of next year, I would certainly hope that we would see you know in the order of... dozens."

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Edited by 010101

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6 minutes ago, 010101 said:

Crawl, Walk, Run I can complain about adoption all I want because BRAD GARLINGHOUSE SAID in June

Chriss Larsen is in the FMI table doing more than having coffes :ok:

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Imatient people everywhere. XRP is open, if you want it to succeed, develop your own stuff on it. Either that or HODL / DYOR. There has been so much news about ripple & xrp, if one good news about the competition scares you than you are not strong enough to invest in any asset

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1 hour ago, 010101 said:

Your argument is practically circular and Ripple isn't XRP :)

Crawl, Walk, Run I can complain about adoption all I want because BRAD GARLINGHOUSE SAID in June: 

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Where did I say ripple was xrp?

also BG has a company to sell software to banks. Not sell xrp to us. He’s not obligated to release statements to us or owe us an explanation. We buy it at our own risk and we all own 0 stock in ripple so if brad meets his deadline or not really doesn’t mean much, except our xrp might not get adoption as fast as wanted in that one use case. Again look at all the xspring stuff they are doing that was previously complained about. I would rather see xrp escrow go wayyyy down and more companies using xrp and bringing value higher with more of a long term mind state. My point still stand, as of right now there is simply not enough adoption of xrp for anybody to be concerned about xrapid lol. It’s ludicrous, we need xspring to do its stuff before any kind of real non speculation value comes.

Xrapid drives price up which means more people selling there stash. Why would people buy it again at a higher price? Xrapid is end of the line. Let’s all hope to drive price high so we can sell and then Xrapid won’t work cause no one will buy it for now until there is a use case. 

however you are right, you can complain about whatever you want. Just doesn’t seem reasonable.

Edited by Rickyh89

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