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  2. First it was bearable bull saying that there was a chance that Trump was going to announce XRP as something big on 4th of July. In general, its trying to shill the hopium that Trump is going to declare XRP as the currency in the United States and abolish the fed.
  3. Oh so you knew about this patent before yesterday then? thought not...
  4. Today
  5. Absolutely. And he doesn't seem to learn from these mistakes :s He's just desperate to get confirmation and to get a huge increase so he could say: told you so and saving his ass in the process.
  6. Yeah he's unbearable at times (pun intended).He's so emotionally attached to his "investment" and very biased. These YouTubers will turn any news in good news. They act like this is a done deal and can't accept that there will be competitors in this market. Anything that doesn't fit his narrative he shrugs of and says: do your own research. He still believes in this bearable guy after he failed him so many times. Yet he still says all bg123 said was true apart from the price prediction :s
  7. No source at all saying Samsung pay is using xrp, hoping something is true is not the same as it being true..
  8. I stopped listening to him after the whole bearablebul guy/$50 in one night/Ripple Riddler/Kichiro nonsense. He's been wrong enough times for me to consider him a bit crazy with these theories. Same thing with the Donald Trump/XRP theories that the hype snake oil salesmen are peddling now.
  9. I would suspect that the responsibility is on the sender. ILP packets are designed to be small so the risk of loss is low. But it depends on how much you trust your connectors, how much value your send, and how quickly you want to send it. If any one packet is lost, the sender would be responsible for the loss. But they would stop trusting that connection and re-route the rest of the payments. I see it as a trade off between speed of value transmission and risk of loss during transmission. Imagine trying to send $1M USD. Would you rather send it as a single $1M packet, 1 million USD packets worth $1 each, or 1B packets worth $0.001 USD each. If each packet takes 25 milliseconds to get to the destination, the single packet can get there nearly instantly, but $1 packets will take ~7 hours and $.001 packet would take ~9 months.
  10. Moneygram wasn't a huge corporation. It was a desperate company looking for any sort of investment. A major bank announcing the use of XRP(not just ripple) would help the price.
  11. The people who have filed for the name "Samsung coin" have nothing to do with Samsung and are just trying to use samsung's name. However, Samsung is developing its own ethereum based blockchain and cryptocurrency. Makes sense since in their first wallet, ERC-20 tokens are the only ones supported.
  12. Not if this has been covered already in a previous blog entry. However, I just noticed that Ripple has made some additional changes to its BoD and has created a "Strategic Advisory Board." One of the two strategic advisors listed, Zoe Cruz, had previously joined Ripple's BoD back in late 2017. However, it appears she now serves as a Strategic Advisor to Ripple along with Anthony Lim, the former Managing Director and President (Americas) at Singapore’s Sovereign Wealth Fund, GIC Private Ltd. Wonder who will replace her on the BoD?
  13. SWIFT : the tracking, controlling, sanctions and tariffs enforcing- and KYC / AML-Tool, the US petro dollar dominance "pistol" - AND - the exchange rates impacting on trade. "Level paying field". It can not be, that ONE nations economy and policies dictate the rest of the world. Does it work? did it? The New Global Financial System of 2030 << #XRP >> UN - The Sustainable Development Agenda 2030- SDR / SDG << links Global STABILITY, SUSTAINABILITY and GROWTH. If you have problems understanding the growth importance, think about the exponential growth of human population in the last 40 and next 20 years. Probabilities : National crisis = civil war. Global financial crisis = world war? many trees.. so difficult to see the forest .. wait..
  14. This patent is really fascinating, as it appears to allow both banks to maintain private sets of currency ledgers, perform the forex behind the scenes using their existing connections, effectively wash the transaction groups, send the distribution lists independently through electronic communication using a GAN, WAN or LAN, and then simultaneously transfer actual net value for the notices through a third party real-time net settlement tool - ILP, which can use a variety of trustless tokens to transfer value, but XRP is the fastest at the moment. From the patent: So the final outcome here, from my reading: No need for banks to own XRP legally - either having value in custody and/or trusting market makers No need to expose their internal transactions and books or wallets on the network This allows banks to effectively create their own digital wallets to account for digital currencies and treat them all as if they were internal accounts - Including security and custody, etc. What is interesting here, is they will probably use their own internal stablecoin currencies to do this. No need for regulatory clarity on this matter to start using it from day one, as the XRP utilized in transferring value across the ILP belongs to the protocol infrastructure, not the banks. The patent effectively internalizes the costs of exchange (but avoids xRapid) and then uses the messaging services of either xCurrent or some other secured communications rail (xCurrent, as I understand it, is NOT a blockchain product - it is a communications product) while simultaneously transferring the value packets (after both sides agree on KYC/AML compliance) via ILP. Which is going to raise some very interesting court cases in the future. When data is transferred across a digital network, who owns the packets that you send? Are you giving license to Comcast or Verizon to pass through your data? Does it belong to you the entire time? Does it belong to the intended recipient? This may not matter a lot while sending information, but with you are sending packets of net worth that are unique and dropped packets means dropped value - who owns that? Who owns the responsibility for transmitting packets of value across the ILP? This space is getting more fascinating and complicated by the week. It is true that they aren't necessarily going to implement this right away - but the question to me is - is ILP ready to scale to this magnitude? It seems that we are talking about a considerable number of packets to send on a continuous basis. How is packet value recycled in ILP? That's the part of this that I don't quite understand. Regular data moves and replicates and disappears and no one thinks about it again. Does ILP use the underlying currency and translate value into the expected digital ledger denominations on the fly? Do both parties simply need to say "Hey, I want to send you this currency and does ILP automatically say 'okay, we'll use this value for that currency in XRP and it will take this many packets and cost this much and based on network congestion it should take this many seconds, etc." Then what, when the net worth of the packets is converted is the XRP deallocated? There must be operating accounts that drive the ILP system Because to my mind - please, correct me if I am wrong - a cryptocurrency - in order to exist - must belong to a wallet. It is not like paper money that can belong to a NULL wallet - it is a zero-sum game. Yes it can get sent to a wallet allocation no one has access to and be stranded, but it is stranded precisely because there is no XRP (or any digital currency) that is unowned. Every XRP is owned by somebody, even if that is a careless somebody or dead somebody. And I believe other cryptocurrencies all work this way as well, right? Every coin is in a wallet. I've seen a lot of slide decks on ILP but this part really eludes me. My concern, I guess, and I don't mean this as FUD, maybe someone with more technical knowledge can clear this up... If the XRP that is required to loop through ILP to transmit value to upper layers represented on the stack, and this is an automated process, it seems to me that the market value gets determined by those who use the system and transmit value back and forth, but that XRP is locked in and the value that gets traded within that loop is outside of retail and other markets. Is that right? I don't want to necessarily raise the whole issue of "secret ledger" again, but I don't understand how "protocol-level" value exchange that happens when sending value through ILP can ever touch "retail-level" exchange markets. That doesn't mean that the ILP will not need more XRP as people discover how cheap it really is, and that the ILP's use of XRP will soon dwarf every over XRP use case if it becomes an international standard for exchanging value, but for the time being - if ILP really provides a viable way for banks to get around using RippleNet - well, I just don't know what that means in terms of retail exchange value of the coin - it makes valuation a whole lot more complicated than what I had ever considered. ILP's use case of XRP seems like it is in an entirely different universe as compared to the speculative or store of value use case people are familiar with now. I feel like I'm trying to price watts of electricity for running an entire city based on the cost of lighting a few lightbulbs at a workbench with magnets and wire.
  15. For the record: @Tehol_Beddict you rock, my man.
  16. I believe he and many others quit xrpchat; people disliked the 'connecting the dots' type of digging, likening it to hopium and hype. Fools.
  17. I have owned XRP for several years now, since 16, when I saw it on Bitstamp and I thought it was an insect beverage. I have made quite a lot of money off of it. But I would have been better off to have just left my position and gone back over to Lite Coin, where I made a lot more money. I hate Bitcoin on principal, its the klepto-crypto. I am for some reason loyal to XRP. (I wish I could say it is because of the "community", but I come from the old BTCE troll box and most of you guys seem like morons and I would not even urinate in your beer glass if your stomach was on fire.) I guess out of habit, I like to look at the XRP charts, and I believe in many of the concepts, but Ripple does little to protect its true investors, us baghodlers. XRP continues to slip in relation to the total Crypto market cap. After a while Ripple just cannot maintain the continued hype sufficient to attract investors. Much of it has to do with the obvious fact, XRP fits within the Howie definition and, but for, its centralization to to defend the litigation and maintain some direction, it would go back down into the teens. The company has let out oodles of cheap coins and continues to dump mega amounts into the market to fund its operations. But, I have seen it being outrun before and then it would take off. But now it is so diffusely placed and there is always tremendous sale pressure as all the bots dump with every incremental rise. But it will rise again and we will be rewarded. But this time I am dumping too.
  18. Supply never outweighs demand or vice versa in a free market. Price always brings them into equilibrium.
  19. So pluto in december... but when moon ?
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