Apollo Posted May 9, 2017 Share Posted May 9, 2017 On 4/18/2017 at 2:52 PM, Vertigo said: I wonder if this is still an internal discussion within RL or that pov has changed since recent rallies. I understand this wont be announced unofficially, however as most guys seemed onboard with the idea (atleast miguel, nikb, joelkatz, warpaul have strongly hinted such), what are the noteworthy cons to consider from a RL perspective? @warpaul @nikb @JoelKatz @miguel 8 If the past is anything to go on if those guys are hinting it means the decision has been made and they are working out the details/implementation. If anything, a massive price rise after just hints of a lockup and not even a full announcement should embolden them to implement strict terms. The higher the price goes the less XRP Ripple will need to fund operations, development and incentivize partnerships. I am sure if they thought they could get away with it, they would want a 30-year plan, and price hikes like this make that not just possible, but a good idea. The stricter the terms, the more market certainty, and the more XRP will benefit as a result. This is balanced by Ripples need for operating flexibility, but at today's price Ripple could be selling/distributing 1/20 as much XRP and still raise substantially more money then they could have only 2 M ago. svx_420, Xi195, Vertigo and 1 other 4 Link to comment Share on other sites More sharing options...
Xi195 Posted May 9, 2017 Author Share Posted May 9, 2017 (edited) 1 hour ago, Apollo said: If the past is anything to go on if those guys are hinting it means the decision has been made and they are working out the details/implementation. Agreed. A lockup is surely coming though the recent rise may have changed the calculus. I hope the recent spike has increased the urgency to implement a lock-up and not decreased it. "The price went up XXX% therefore a lockup is unnecessary" would be slippery logic (Im sure @miguel feels the same). The last rise corresponding with a huge spike for STR is evidence that the market is somewhat illogical right now. When everyone starts craving logic it would be nice to have some meat prepared. Edited May 9, 2017 by Xi195 tomb, Apollo, svx_420 and 1 other 4 Link to comment Share on other sites More sharing options...
tomb Posted May 10, 2017 Share Posted May 10, 2017 I think they're waiting to lock it up on the moon. Xi195, CurrencyGuy, svx_420 and 3 others 6 Link to comment Share on other sites More sharing options...
Xi195 Posted May 10, 2017 Author Share Posted May 10, 2017 (edited) 1 hour ago, tomb said: I think they're waiting to lock it up on the moon. Air gapped...wait... SPACE GAPPED cold storage. **mind blown** Edited May 10, 2017 by Xi195 tomb 1 Link to comment Share on other sites More sharing options...
Xi195 Posted May 10, 2017 Author Share Posted May 10, 2017 (edited) I feel a Space X/Ripple collaboration coming on. Would be actually be a great publicity stunt! First trans-planetary currency. +SpaceXRP+ Edited May 10, 2017 by Xi195 erdalmutlu, Hodor, tomb and 1 other 4 Link to comment Share on other sites More sharing options...
Iggy Posted May 10, 2017 Share Posted May 10, 2017 4 hours ago, Xi195 said: I feel a Space X/Ripple collaboration coming on. Would be actually be a great publicity stunt! First trans-planetary currency. +SpaceXRP+ Taking the "going to the moon" phrase to a whole new level. Xi195 1 Link to comment Share on other sites More sharing options...
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