Ripple Swell - Thoughts

in #bitcoin7 years ago

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Hi guys,

I saw a lot of people discussing the Ripple Swell conference is going to be a big step in the Ripple expansion and evolution. Someone posted a video here also sharing his opinion about the fact that XRP may rise during that conference.

The conference will take place on October 16 and will last for 2 days till October 18, 2017, in Toronto.
Among the speakers, some great names pop-up like: Dr. Ben Bernanke ( Chairman of the Federal Reserve System 2006 - 2014 ) and Sir. Tim Berners-Lee ( The Inventor of the World Wide Web )

Here is the full list of speakers taking part in the Ripple Swell conference (from the official Ripple website):

  • Brad Garlinghouse, CEO, Ripple
  • Stefan Thomas, CTO, Ripple
  • Dilip Rao, Managing Director of APAC/MENA, Ripple
  • Amit Sethi, CIO, Axis Bank
  • Tom Jessop, President, Chain Inc.
  • Kristen Michaud, Managing Director, Treasury Operations, GE Capital
  • Brian Behlendorf, Executive Director, Hyperledger
  • Ed Metzger, Head of Innovation, Santander
  • Mr. Nobuo Ando, Representative Director, SBI Remit Co., Ltd
  • Takashi Okita, CEO, SBI Ripple Asia
  • Dr. Arak Sutivong, Head of Strategy, Siam Commercial Bank
  • Rahul Pai, COO, UAE Exchange
  • Marwan Forzley, CEO, Veem
  • Dharmesh Desai, Group EVP, Yes Bank

I have invested in XRP on Bitstamp and have been checking it out closely in the past few weeks and I saw the highest price being at approx. $0.29 and lowest at about $0.19.

I was wondering what was your opinion on the progress of XRP during that period and after the conference ends. Most of the opinions I saw were saying that XRP will rise during the conference, but cannot predict how the coin will evolve after the conference ends.

What is your take on the evolution of XRP after the conference?

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@djeby, the value of Ripple will probably rise in the weeks leading up to the conference, so the best is to get in early. The same is currently happening to Komodo. Maybe a good bet to see what happens after their big announcement tomorrow afternoon?
Not sure what will happen after the Ripple Swell conference, depends on what was discussed and if a future can be seen with XRP. Bear in mind that the blockchain technology was created to move away from the fed led monetary system. Maybe they will work towards putting legislations in place to force businesses to move over to XRP?
Maybe Ripple Swell refers to the swelling of the Ripple value?
Best would be to use Coinigy and watch the market live over the course of the weekend and decide from there if you would like to sell some XRP and take profits.
Keep a close eye on Twitter if you cannot watch the conference live somewhere to be on the key front of the news.
@darnscotty

Yes, i think i will flip my XRP during the conference and see how it goes after. Maybe if it drops again, I will buy back and make some profit out of it. At least that :)