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Robbieboy

A warning

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It's all over for XRP. The believers will keep holding onto the dream but the smarter ones of you will have already cashed in your chips. Announcing gatehub???? LOL. There is no future for the Ripple network or XRP. No company who plans to make a go of any product does so by announcing its movement to the back burner and then kicking it several times on the way down. And if they do they are incompetent and not worthy stewards anyway.

Some will say words to the effect of 'but why, RL is making a fortune selling XRP or reaping the benefits of XRP'. Any monies made from that are a drop in the ocean compared to building the finacial infrastructure of the entire banking industry. Ripple was a proof of concept that is all, and now the concept has been proven they are going to be doing something else. There is nothing but a wind down period ahead.

Sure they will continue to run validators, but this will be a slow death, zero support for any client and then finally they will pull support for the so called 'RCL' itself. It's not like they haven't ditched projects before. Remember Codius? et al, think of how many years they spent on Ripple Trade and they will dump it in a heartbeat. RCL itself will be next and having a few slovenians running a node out the back of gatehub won't save it.

RL havent 'pivoted', they have 'dumped' and you should dump too or get dumped on again by this company that has spent the past 2 years putting out false claims and misinformation to have investors fund the launch of its parralel career in a related sector. Well that's business. You have been warned.

 

Edited by Robbieboy

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Guest Haydentiff

Hey Robbie.

20 minutes ago, Robbieboy said:

Ripple was a proof of concept that is all,

Proof of concept for what?

P.S. Hi Robbie. :wink:

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Guest Dizer

The Trolling in this forum is getting out of control.

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Guest Haydentiff
1 minute ago, Robbieboy said:

Hi :). Proof of concept of a decent network tech.

Do you think an organization like Swift or CLS will take it over?   I've heard that CLS is *the* cartel.

 

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1 minute ago, Zooplankton said:

Ripple keeps progressing, it's only you trolls that stay the same. 

I'll ignore the 'troll' comment. 'Trolling' originally meant someone that would come under a false guise with false statements to annoy people for some personal agenda. Now I guess it means anyone whom you disagree with.

As for the other comment 'Ripple keeps progressing'. Well Ripple Labs keep progressing, and I have no doubt they have a bright future as a company. But 'Ripple', if you mean RCL and XRP are not progressing. If you have been watching the space at all you would have noticed they have been steadily regressing beginning about 2 years ago and culminating in the last few months with a major regression, or are you watching some other space?

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Guest Dizer

When Jed started selling his XRPs, people said RCL is dead

When Ripple started focusing on FIs and not on user centric gateways, people said RCL is dead

When Ripple introduced ILP, people said RCL is dead

When Ripple is discontinuing a simple client that no longer aligns with their business, people are saying RCL is dead.

Notice a pattern here? I guess when Ripple makes a change of any sort, the FUD spreaders and the Trollers will come out of the woodwork 

Edited by Dizer

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8 minutes ago, Haydentiff said:

Do you think an organization like Swift or CLS will take it over?   I've heard that CLS is *the* cartel.

 

I think Ripple Labs will do what startups are supposed to do. They will have an IPO and I will buy shares. Then they will give the banks what they want and make a fortune. The RCL will be remembered as a curious experiment that was soon forgotton.

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2 minutes ago, Robbieboy said:

I'll ignore the 'troll' comment. 'Trolling' originally meant someone that would come under a false guise with false statements to annoy people for some personal agenda. Now I guess it means anyone whom you disagree with.

As for the other comment 'Ripple keeps progressing'. Well Ripple Labs keep progressing, and I have no doubt they have a bright future as a company. But 'Ripple', if you mean RCL and XRP are not progressing. If you have been watching the space at all you would have noticed they have been steadily regressing beginning about 2 years ago and culminating in the last few months with a major regression, or are you watching some other space?

So what is your opinion on ILP and XRP?  Since we already know Ripple is dedicating itself to private banking networks and ILP is the interconnection between those private networks? Private networks has been the big news lately... so obviously other companies ran into the same issue - banks want their ledgers private. The only way for the tech to serve it's greatest purpose (the internet of value) is for smaller, untrusted banks to use ILP to connect with the private networks through market makers.

 

 

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Fair enough Robbieboy, but I disagree with pretty much all of your post.

I am not saying that failure is impossible, but they've come too far in my mind and they have really impressive clients.

Curious: How do you explain (for example) Santander's open Ripple evangelism if they're going nowhere? Or do you just think they'll strip out RCL/XRP? If so, how would Ripple work as a protocol/company without the bridge asset? Just supporting ILP? Consultancy? Tech work?

Genuinely curious. I don't mind disagreement.

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2 minutes ago, Robbieboy said:

I'll ignore the 'troll' comment. 'Trolling' originally meant someone that would come under a false guise with false statements to annoy people for some personal agenda. Now I guess it means anyone whom you disagree with.

As for the other comment 'Ripple keeps progressing'. Well Ripple Labs keep progressing, and I have no doubt they have a bright future as a company. But 'Ripple', if you mean RCL and XRP are not progressing. If you have been watching the space at all you would have noticed they have been steadily regressing beginning about 2 years ago and culminating in the last few months with a major regression, or are you watching some other space?

Well I don't know. What you say makes sense, but it sure makes no more sense than those believing RT didn't fit anymore in the plan. Be honest and agree that it's not the users like you and me to grow Ripple and RCL fast enough. And RT only WAS built for you and me and a few others around here. You know..moving money starts and ends with a bank account. It always was and it will always will be like that. Focus on banks means less or no more focus on RT. That's obvious enough for me. RCL no more future? Can be ... but I still believe in it as it still is the only public independent distributed ledger, until now, to fulfill that role in payments in a way how it should be done. Winding down RCL would mean that Ripple has some other, better solution at hand? I'm not buying that story. They have enough reasons to improve RCL before building a new one.

I've some XRP, not much but still nice enough to have them, and I will not listen to your well explained and very much educated advice.... I've done so before on some other "smart" stock advice and believe it or not... in most cases my personal feelings turned out to be more or less right... 

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