Jump to content
Tim

Q1 2017 XRP Markets Report

Recommended Posts

Thanks Tim.

 

What does this mean? 

Quote

as well as our plan to implement a systematic markets operation program designed to add liquidity to the market especially during volatile periods.

Added liquidity during volatile periods doesn't sound very awesome when everyone wants a more predictable and transparent distribution. Does this have to do with distribution or something entirely different?

Share this post


Link to post
Share on other sites
Guest

Thanks @Tim

Fyi @miguel you might want to change the (I think) typo here:

Quote

and the price slowly moved lower, briefly touching $0.0538 in early March

should be 0.00538 i think

Share this post


Link to post
Share on other sites
Guest Dizer

A much better report than the last one! Thanks @miguel. Great work.

My only comment is that I did not see anything in the report related to a lock-up plan for Ripple's XRP (and its major internal holders). Is that also coming in the way of future announcement? Or has there been a change in strategy regarding this issue?

Share this post


Link to post
Share on other sites
7 minutes ago, tomb said:

Added liquidity during volatile periods doesn't sound very awesome when everyone wants a more predictable and transparent distribution. Does this have to do with distribution or something entirely different?

Presumably the liquidity would be added more or less equally on both sides so its effect on overall distribution would be negligible?  Sounded to me like they will engage their own market-maker during volatile periods, and/or supplement existing MM's with extra capital.

Share this post


Link to post
Share on other sites

Thanks for the report.

It’s clear Fiat is flowing into the market via BTC. So, it is in XRP’s advantage to get listed on (at least) the top exchanges.

The more liquidity flows in via BTC, the more volatility decreases and the more daily volume increases.  

Should XRP want to survive, decoupling from BTC should not be expected to happen soon. As long as Fiat>>BTC cannot be reformulated as Fiat>>XRP , BTC is XRP’s oxygen.

And as long as Fiat>BTC>XRP exists, xrp is simply contributing to BTC’s popularity, price, ..

I suspect the impact of good news (banks choosing for Ripple) on the price was relatively low, considering XRP’s history. Hence, this argument is noted as the last bullet point.

 

The most interesting part:

Quote

In addition, you may want to watch out for specific announcements in Q2 regarding potential ways to use RCL’s new Escrow feature, as well as our plan to implement a systematic markets operation program designed to add liquidity to the market especially during volatile periods.

We may expect XRP lockup in Q2, because this paragraph is preceded with

Quote

“We’ve put our ear to the ground and have been listening to important feedback from the XRP community"

Secondly, as they will be adding liquidity they expect upside volatility. I remember that during the rally only about 50M xrp was left on poloniex. This could be done by discount window lending

Would love to hear some feedback, as I could be completely wrong.

 

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...