Jump to content


Popular Content

Showing content with the highest reputation since 04/19/2019 in all areas

  1. 41 points
    Once again people are freaking out because XRP has dropped below the $80 support level. $70 is on the cards in the next few days...and I can only imagine the retail panic if and when we get to that price. Yes, we hit $100 - briefly. We all knew sell orders would kick in and we'd come tumbling back down. We'd been on an incredible run, and we are due a massive correction. It'll happen, people will panic, and I think a year long bear market COULD be on the cards. Don't shoot the messenger, just my opinion. Now I've said that - just breathe in, breathe out. And let me give newer investors a quick history lesson and overview of the last 4 years, and encouraging words. I'll go over some technicals too. Apologies if you already know this, but it's all relevant. The last proper bear market was in 2018 / early 2019. Read that again. Fairly much we've been in a 4 year bull market (we used to call these "runs" as they were so short!). We've had a few bear "seasons" since then, but nothing decent. We've been spoiled rotten. Ever since the SEC gave XRP the green light in September 2019, it's been fireworks ever since. What followed was a cascade of events that were clearly just waiting for the SEC to drop the flag. The biggest reveal was xPool. This blew away the idea that public exchanges would be used for xRapid liquidity, and that banks wouldn't hold XRP. Instead, banks bought up XRP - causing its price to spike up to just under $10 by December 2019 (from a low of 50 cents in September 2019!). Banks used their XRP with a non-public exchange known as xPool. Central banks provided xPool with fiat liquidity. Banks could trade in and out of this single exchange - facilitating cross-border payments. Though non-public, xPool was fully transparent. Every bundled transaction was publicly visible. Transactions were bundled via Cobalt, with each bundle sent as a single transaction via the XRPL - where each bundle was then unpacked on private ledgers to maintain privacy for bank's customers. The transparency of xPool meant that accounting firms could audit everything with certainty (with access to each bank's private ledger too), and that governments had full transparency themselves over every single international payment made. A perfect storm for XRP was brewing. In fact, the demand for XRP became so great - from banks, central banks, institutional investors, retail investors - that XRP quickly overtook BTC and ETH in a huge wave of speculation that saw the space introduce the "XRP dominance" metric....which has never dipped below 50% since late 2019 (as an aside I met someone yesterday who flat-out didn't believe me that we used to have a "BTC dominance" metric!). XRP's price was propelled by one good news story after another. The whales who got in under $1 were waiting for a correction that never came. And so the price just kept climbing. History lesson over. I say all of this because even though XRP is due a big correction, the demand for XRP is only getting started. Microtransactions is where XRP's new wave of demand will come from. Coil is now 5 years old and since its partnership with Google - it's been the number one monetising platform for publishers. Coil has proven that microtransactions have a solid future. Next up will be M2M microtransactions on the ILP which will explode volume by at least x1000 what it is now. You read that right. Furthermore, STOs will finally be bridged via XRP so you can use your STOs to pay for anything - soon you'll be buying your happy meal with your STOs. Not only that, but the fast food restaurant will reward your loyalty by loading up your wallet with some of their own STOs. As mentioned, every transaction bridged by XRP. It's all coming - be prepared for a $1000 XRP in 2026 or so, with a nice long ride up to that price (I might take a quiet moment of reflection when we pass the $589 mark, more experienced readers will know what - or who - I'm referring to here). However, before we see those numbers, I'm sure we're going to revisit a low of $50, so hold on to your hats and do not sell. There's a decent number of whales who got in under $1 and have been waiting for this correction to sell into. Let them sell, let them enjoy their gains. Take a breather, and get ready for the REAL ride.
  2. 39 points
  3. 35 points

    This Is Crypto

    Blog URL: https://xrpcommunity.blog/this-is-crypto/ Crypto - and its volume & volatility - are back! Find out more & get the latest XRP news in today's blog: π†πžπ§πžπ«πšπ₯ 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: Two economists publish a frightening paper describing how nations could employ negative interest rates on bank deposits. 𝐑𝐒𝐩𝐩π₯𝐞 𝐍𝐞𝐰𝐬: Siam Commercial Bank (SCB) announced that they'd teamed with one of their customers, PTTEX, to implement Ripple tech; Ripple publishes its Q1 2019 XRP Markets Report; and Navin Gupta provides his insights recently in Dubai. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: I cover more news from the XRP meetup in Amersfoort; The XRP Zoo conducts an interview with Curis Wang; and PayWithMoon promises they'll be adding XRP support to their Chrome extension. I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  4. 35 points
    Today Galgitron posted a very interesting snapshot from his spreadsheet. I analyzed it quickly to give a better understanding of the numbers behind the chart. The main focus are: Remittances And Payments between: 20 - 1,500 XRP (6 - 500$) Medium Payments between: 1,500 - 15,000 XRP (500 - 5,000$) Multiple things are interesting: The increase for both segments began at the same time, around mid February (Some event may have happened to trigger such strong surges) The increases are proportionally similar, slightly stronger for small payments, which seems logical in regards to remittances There are twice more small payments of 500$ max than payments of 15,000$ max, which again seems logical (low value, high volume) April 20α΅—Κ° May 1Λ’α΅—
  5. 34 points

    Ten Minute XRP News Recap

    Blog URL: https://xrpcommunity.blog/ten-minute-xrp-news-recap/ So you need a ten-minute XRP news recap? I've got you covered in today's latest blog! π†πžπ§πžπ«πšπ₯ 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: Bakkt releases more information about its go-live. 𝐑𝐒𝐩𝐩π₯𝐞 𝐍𝐞𝐰𝐬: Xpring invests in Agoric, a smart contracts company. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Boerse Stuttgart, a German exchange, approves XRP-related ETNs; and New York approves Coinbase's trading of XRP. I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  6. 33 points
    Ripple is a Gold Affinity Sponsor for the event currently held by The Bankers Association for Finance and Trade (BAFT). Gold Affinity Sponsor https://vimeo.com/user97936497/review/333174728/0bfc63feba Ripple will have a 50 minutes long conference on its own, by Cameron Goldberg, later today. On the 1st of May, Ripple and Swift will both be participants (along with VISA and PNC) in a 1 hour long discussion about competition among cross-border payment networks. Their twitter account (they post some updates from time to time): https://twitter.com/baft_global?lang=en https://baft.org/events/global-annual-meeting---the-americas/program
  7. 33 points
    Breaking news!! Kitao has delayed joining Ripple it’s been postponed to January of 2020
  8. 32 points

    List: The Voices in Bob’s Head

    Sorry to disappear for so long. The week turned out to be more involved than I thought. Just as a quick recap, I've been fighting prostate cancer. I had radiation treatment, but my PSA numbers have not responded in the way they were expected to. (down) Unfortunately, they have been trending up. This is quite puzzling to the doctor's because I caught the cancer early. It was also a less aggressive variant that should have responded to treatment easily. That has been coupled to some nagging discomfort in the area that won't seem to go away either. So last week was a bit stress inducing. I had two full body scans last Tuesday and Wednesday. The first was a bone scan and the second was a full body CT scan. The goal was to make sure none of the cancer had escaped and spread. Medicine being what it is, the scans had to be done, read by a radiologist, then relayed to my oncologist. I had to wait on the final results until this Tuesday. So in between, Janet and I decided to mitigate the stress by driving to Baton Rouge, LA to meet the awesome XRP Community there. Many thanks to @RippleWraith for setting up an awesome dinner meetup. And even more thanks to everyone who showed up despite the torrential rain and flooding happening last week. RippleWraith even brought an amazing birthday cake to top off the evening. It turns out, it is only an hour and a half more of pouring rain to make it New Orleans. So Janet and I spent my Birthday there. Her gambling (she won) and me drinking (I won!) We managed to get out of there Saturday morning just before the flooding got to NOLA. Turns out only six hours more rain to make it back to Houston! We ended up going straight to my mothers to pick up Puccini, then stayed over Saturday night to be there for Mother's Day on Sunday. Of course, the endless rain and driving broke something on the car. So Monday meant fixing that. Then staying over longer to see the doctor on Tuesday. Good news is, it turns out, all the scans are clean! That was a huge relief. We still don't know what is causing the numbers to stay up, but it is seeming likely that it may be prostatitis. I've got a long course of antibiotics to take now and more testing and followups later in the summer. So all in all, it looks like I'll survive. So now that I'm finally home and back online onward to the first study group session. I'll post about that in another thread. Sorry to keep everyone waiting. But at least, XRP has been trending up in the meantime!
  9. 31 points
    Hello Everyone. I'm Eri I'd like to study, learn and discuss the material shared by Bob on XRP, the XRP Ledger, etc. Please call me "Eri" which is the name I use in Japan because my given name has a "z", "b" and "th" which are sounds proven to be difficult for Japanese to pronounce. Eri is a shortened version, easy and common in this part of the world. I'm also known as: @sentosumosaba on twitter (sento = hot spring bath, sumo = I'm a serious fan, saba = a favorite sushi). My Youtube channel is: CryptoEri / I upload on average, 6X per week and have had an online presence in this XRP space for 14 mos primarily with an English speaking audience, however my reach is truly world-wide as shown in my google analytics. Women viewership is growing at a fast clip recently. I grew up in the SF Bay Area (California) and currently reside in Tokyo which has been my home for 16 years. I am able to translate the material / or PPT decks into Japanese and distribute to the Japanese XRP community by way of influencers whom I know online - both on the twitter and the Youtube platform. Tokyo: GMT+9 I'm hoping to be a team member in any capacity with a personal goal to grow the XRP holder base, increase investor awareness, and attract new users to the technology. In addition, I think it is important to dispel any mistruths people might have about Ripple & XRP that hinder its status in this ecosystem. Lastly, I love this space. .
  10. 29 points

    Banesco Panama joins Ripplenet

  11. 29 points

    Coil Beats The Drum Of Utility

    Blog URL: https://xrpcommunity.blog/coil-and-the-drumbeat-of-utility/ The Coil blogging platform is live! I analyze Coil's potential impact & cover the latest news about XRP in today's blog: 𝐑𝐒𝐩𝐩π₯𝐞 𝐍𝐞𝐰𝐬: Yoshitaka Kitao is appointed to the Ripple Board of Directors; Securitize announces their new DS Protocol; Navin Gupta announces that Saudi British Bank (SABB) is a RippleNet customer; Banesco Panama announces a successful test of Ripple-powered payments; Ria Money Transfer, the 2nd largest remittance processor, announces their membership in RippleNet; Ripple publishes new developer tools on the XRP Ledger Developer Portal; Marjan Delatinne confirms that ten customers are using XRP; and Reinhard Cate publishes the 12th episode of the Ripple Drop; 𝐂𝐨𝐒π₯ 𝐍𝐞𝐰𝐬: Vengefulseven starts a new subReddit for connecting Coil stakeholder businesses and developers with each other. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Bob Way appears on the Brad Kimes YouTube Channel; The XRP Ledger's 'default UNL' becomes more decentralized with the addition of Peer Island; Bithomp announces their naming service for those that handle their own XRP Ledger wallet(s); and two exchanges, BitoEx in Taiwan and Birake in Bucharest, both add support for XRP; I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  12. 28 points

    HODL'rs Only

    As many of you know, the majority of us pro-XRP long time HODL'ers are paid per post to incite FOMO among the masses. Now that much of our work is done and we have reached mass capitulation, the very whales who paid us per post on XRPChat are now asking us to survey the general mood of the people to see where we are as a society and where we are headed. The biggest question on everyones mind is "are we in full capitulation, yet?". Generally speaking I am seeing long time HODL'ers selling part or all of their stashes in a way that I haven't seen since December 11th, 2017 (go look at that date on an XRP chart). I consider this to be a bullish signal, personally. XRP might be only $.30 in September, or it may be $22 later this month (the same rate of growth XRP had by May 2017). *kisses*
  13. 26 points

    XRP: The Pressure-Cooker

    Blog URL: https://coil.com/p/Hodor/XRP-The-Pressure-Cooker/_l2JcM7nC XRP is a pressure cooker of pent-up demand from its utility-driven value! Find out more & learn about the latest XRP news in my latest blog: π†πžπ§πžπ«πšπ₯ 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: Liechtenstein passes its "Motion on the Blockchain Act" 𝐑𝐒𝐩𝐩π₯𝐞 𝐍𝐞𝐰𝐬: Ripple is attending five conferences in May, including ones with the World Bank and the OECD; FXC Intelligence rates Ripple ahead of both SWIFT and JPM Coin; and Ripple embarks on a global advertising campaign. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: @CinnappleFun adds to its website; NOW Payments supports XRP; and CoolWallet, a hardware wallet provider, now supports XRP. I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  14. 26 points
    Blog URL: https://xrpcommunity.blog/deep-roots-the-crypto-spring-will-reveal-progress/ The use case is king! Today's blog covers how real utility provides roots for crypto projects, and lists the latest news impacting XRP: π†πžπ§πžπ«πšπ₯ 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: Pacte Law is passed in France, allowing Insurance enterprises to invest in crypto. 𝐑𝐒𝐩𝐩π₯𝐞 𝐍𝐞𝐰𝐬: Ripple tweets about a new Ripple Regionals event in Dubai, and releases two videos from Ripple Regionals: APAC; and Ripple is entering Europe, and specifically aims to work with Luxembourg. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: The XRP Meetup in Amersfoort took place on Saturday, April 20th; Wietse, Tristan, and Ali publish the XRPayments application; Genesis, a popular OTC platform, notes that XRP is the second-most-popular collateral for loans; and a new Japanese crypto exchange opens, with initial support for XRP; I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  15. 25 points
    As others have said, an index is a key part of many other financial products. Crypto Facilities (bought recently by Kraken) have been the only one so far that have had an XRP index. And obviously Nasdaq is a hell of a lot better know than CF were. If you are to place some sort of futures trade that says something like "I bet the price of XRP will be $0.375 on 8th May 2019" then you immediately open up the question of 0.375 according to whom? Kraken? Coinbase? Bitstamp? And when on the 8th May? Midnight? 13:59? So you need an 'index price' that everyone can choose to agree on. These index prices are a reference price usually composed of taking some kind of average over multiple exchanges to lessen the risk of manipulation. So the fact that Nasdaq is producing one, is a vote of confidence for them that they think XRP is going somewhere, and that there is a market for more mainstream financial products to be based on it. -Matt
  16. 23 points
    I don't feel the answer was "not that good". Question Answer First, he corrects the statement about Ripple providing liquidity. Second, he puts into perspective what happened overnight in the market place. Third, he translates the question into an appropriate one. Again, he points out the liquidity does not have to do anything with Ripple itself. Again, he reformulated the initial question. Again, he states what happened overnight. He highlights the liquidity difference between XRP and the other existing solutions. He depicts what the market would chose, given the advantageous liquidity risk XRP provides, associated with the limited liquidity cost. Again he states what happened the day before in the market place, which is pretty nascent in his opinion, that itself is enough of an answer to the initial but reformulated question.
  17. 23 points
    Crypto trading started out as a closed community with anarchist values. It purposely wanted to exclude the involvement of institutions. Only a year ago you had to buy BTC on unregulated exchanges in order to buy XRP. The values of that inheritance still dominates the bubble universe that still fixes the prices of crypto assets. Gradually the opportunity to invest in Crypto is opening up, and as it opens real world values will supplant the old ones. Be patient and don't take too much notice of prices now because they do not reflect the prices of the future.
  18. 23 points

    Escrow sales

    Thanks @jbjnr for that excellent table. Nice also that you’ve advised a better way for us to present stuff... using the code button. Thanks for that too. I come back today to share how I view these results. But first I feel I should briefly advise why I left. I haven’t been active here for a while... I got chased off by all the new fear-mongers, and the general sense of malaise around here. It’s bad for the soul. Also due to the incorrect, (in my opinion,) policy of β€œpress threads must be titled with the article title”. (Which allows fudders to wallpaper the place with fud). And finally the last straw for me was an unpleasant interaction with a hypersensitive belligerent who went off in a bizarre direction. Anyway... that’s why I’m mostly out. It’s a shame because I did like it here. Also I would have liked to ask @BobWay a question... why did Ripple choose a Ripple Epoch rather than just use the Unix one? But back to escrow.... The numbers show an accelerating trend... so at some point, unless we are derailed somehow, there will be a month where zero xrp will go back into escrow. This gybes with the increasing activity and interest and news of XRP adoption. Notice it was 7 months of 900, then 6 months of 800, then it went to seven hundred... the rate of takeup of OTC XRP is accelerating. I think the rate of acceleration will itself also accelerate... a log curve of takeup. There is a countdown happening in plain sight... and few seem to realise, as yet, its implications. Right now, irrespective of what people believe about cheap XRP... Ripple are selling OTC at or above market price. (I’ve made that case multiple times and shown employees stating it, and never yet seen a shred of evidence for cheap XRP). On that first day that the coffers are temporarily bare, they will say to the institution or high value individual.... β€œsorry, but you’ll have to wait till next months’ tranche”. Probably that will be acceptable, and perhaps in a short while the next release will meet that need. But meanwhile others have arrived at the door. Soon there is a queue, and some start to miss out. That situation will cause a growing queue to form... and ultimately... some form of auction. If you want OTC (and they will, or else the increasing uptake wouldn’t have been happening) you will need to pay a premium. Ultimately that auction will spill over into the market... word of the higher price in OTC will fuel speculators in the open market, or the institutions will simply move into the open market. But no matter how it goes down, once there are shortages, the price will rise. This countdown is in plain sight and if and when it gets down towards that zero point, there will be many speculators who will have seen that writing on the wall. So unless things get derailed somehow... I think we are in a countdown to an increasing price. Probably, long before zero, some other event will have initiated a run, but I find it heartening that at least I can see that this price malaise cannot continue for too much longer. Even if the things I expect to increase price don’t happen... there is a definite endpoint coming to high supply side. Nine hundred million back in for seven months, eight for six, seven for five... continue that down... and even if it doesn’t speed up, that’s around Aug 2020. But I’m guessing that six months (at least) before then, the speculators will have understood the likelihood of the shortage. It’s nice having a β€˜worst case’ wait that is only till early 2020. Some of you wont see it this way. But to me, it seems clear that there is an actual countdown, and it’s to an increasing price. Even its mere existence points to a higher price... especially when that zero day approaches. None of this precludes a much earlier rise.. it’s just nice to have a clear worst case endpoint to the price doldrums.
  19. 22 points

    Introduction to XRP

    Blog URL: https://xrpcommunity.blog/introduction-to-xrp-2019-edition/ Just published the updated, 2019 version of an "Introduction to XRP" on the XRP Community Blog! I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thank you for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  20. 22 points

    Epic Pennant on BTC Chart

    So yeah 5 weeks off but still not bad, considering bitcoin was around $3.8k when I made the prediction on March 1st!! And 90% of people were calling for a retest of the lows!! In a few days 3 or 4 the 100 day EMA will break the 200 day EMA (golden cross) by then I would guess it will be undeniable that we are entering another bull market. Last time this Happened by the way it was November of 2015 and the price of Bitcoin was $265 and it went up 74x from there. Assuming we're around $6.5k when we make the cross and things play out the same it puts a price of bitcoin at $480,000. Haven't ordered the Lambo yet, but have been looking at Mansions and deciding on what watches I'll have in my collection, tried on the white gold submariner with the blue face (the smurf) and the 41mm Day Date, maybe an AP Offshore, gotta see what looks best on my 7.5" wrist. But hey crypto always likes to surprise so anything can happen.
  21. 22 points

    Where's XRPTrump?

    Here's what I know: He's taking a long break He's okay (healthy, etc..) That's it. And quite frankly, that's all I really care about. His tweets were absolutely epic examples of how to rule on Twitter. He had crazy skill as a social media superstar, and he would take on anybody with logic and precision that was his unmistakable trademark. I am humble enough to admit I do not have one-half of his skill or motivation when it comes to dealing with trolls, but he would somehow argue with them without lowering himself. It was beautiful to watch. Kieran Kelly is good, too, as is Tiffany and Matt Hamilton. There are others as well, but I think all of them would agree that Doc T was the absolute best.
  22. 22 points

    Q1 2019 XRP Markets Report

    You guys cry about distribution, then when Ripple distributes you cry about that too.
  23. 22 points
    Found by Crpto Eri - 136 page presentation about how Standard Charter ASEAN Economic Outlook Growth and how they expect to integrate Ripplenet and GPI into their payments/settlements systems of the future. ASEAN Economic Outlook Growth in the fast :https://www.sc.com/global/av/id-asean-bankers-conference.pdf
  24. 21 points


    A foreshock is an earthquake that occurs before a larger seismic event (the mainshock) and is related to it in both time and space. What we are seeing today with the price increase but more importantly with the volume explosion is a foreshock of a larger move that is about to happen in XRP. Historically every major parabolic move in XRP has been associated with a volume explosion that accompanies and signals a major shift in price. In April28, 2017 volume was 12M USD with a price of 0.035, next day April 29, 2017 volume exploded to 65M USD (5x), price increased to 0.045 => This was the FORESCHOCK signalling what is about to happen. April 30, 2017 volume went up to 95M USD and price to 0.05 and for a period 4 days with lower volumes around 30M (still 3x April 28, 2017) and a steady price increase toward 0.06 accompanied. This was the period of foreshock. The mainshock began on May 5 lasting until May 18 where the price topped 0.38 a more than 10X increase since the beginning of foreshock, a period that also accompanied a top volume of up to 280M USD on several days and an average of 140M USD across the cycle. A similar pattern can be seen in the foreshock of December 13, 2017 to December 21, 2017. Volume increased by 9X from 140M to 1.3Billion while price appreciated from 0.25 to 0.38, this was the first explosive growth signalling the beginning of FORESCHOCK, for the next 2 days volume continued up towards 5Billion USD on Dec 15th, price went up to 0.84, the next 6 days have seen lower but still above 1Billion volumes (nearly 8x as big as volumes before December 12) and a price stabilization around 0.74. Dec 22nd was the beginning of mainshock with a 5X volume growth from 750M to 3.8Billion volume accompanied by a price increase of almost 50%, the mainshock lasted until Jan 05, with volumes frequently topping 6billion and price reaching above 3$. So, we know that the foreshock comes with a volume explosion and an accompanied price increase of around 28-30%, it sets in with higher volumes for a short few days, stabilizes price increase for a period of 4-6 days and follows this with the mainshock which comes with another volume explosion. Let's look at what happened today: Volume explosion from 1.8B to 5.4B (3x) accompanied by a price increase of about 30% up to 42.5 cents. These two signals match that of the pattern we have seen in previous foreshocks. Let's see if the pattern continues over the next 6 days (2 more days of high volume followed by stabilization), if this occurs we may be looking at a foreshock with the possibility of a new mainshock to follow in a week's time.
  25. 20 points
    https://www.acc.com/sites/default/files/resources/vl/membersonly/Article/1489775_1.pdf Page 357: "Definition of Virtual Currency The term β€œVirtual Currency” is defi ned in the Payment Services Act as: (i) proprietary value that may be used to pay an unspecifi ed person the price of any goods purchased or borrowed or any services provided and which may be sold to or purchased from an unspecifi ed person (limited to that recorded on electronic devices or other objects by electronic means and excluding Japanese and other foreign currencies and Currency Denominated Assets; the same applies in the following item) and that may be transferred using an electronic data processing system; or (ii) proprietary value that may be exchanged reciprocally for proprietary value specifi ed in the preceding item with an unspecifi ed person and that may be transferred using an electronic data processing system. Though the defi nition is complicated, in short, a cryptocurrency which is usable as a payment method to an unspecifi ed person and not denominated in fi at currencies falls under Virtual Currency. For example, Bitcoin, Litecoin, Dogecoin, Ether and XRP fall under Virtual Currencies. Credits to @BANKXRP
  26. 20 points
    Did you seriously go through the effort of creating an account here just to post this garbage? On a FUD scale of 1-10 (with 10 being the best, most believable redirect plausible), I give this about a two. Can you maybe come up with something better next time around? Thanks - and btw "institutes" is not a plural of "institution".
  27. 20 points
    XRP is fundamentally a superb digital asset - nothing has changed in that regard. It's Ripple's communication strategy that is looking increasingly wayward. This is concerning as they're the largest player in the XRP ecosystem. Every time they make a claim that is either refuted, ambiguous, or unachievable it's like handing a loaded gun to XRP FUDsters. That's my concern.
  28. 20 points
    This community sounds defeated. There’s far, far more real world progress than all other coins combined.
  29. 19 points

    Abu Dhabi Global Market and Ripple

  30. 19 points
    I just hope the audio file doesn’t show David said β€œ xrated” instead of β€œ xrapid”.
  31. 19 points
    https://www.coindesk.com/nasdaq-adding-index-for-xrp-cryptocurrency-to-global-data-service 'XRP Liquid Index (XRPLX) will offer a spot or reference rate for the price of XRP, quoted in U.S. dollars and β€œbased on the most liquid ends of their markets.”'
  32. 19 points
  33. 18 points

    The Ripple Drop - Episode 12

  34. 17 points

    Some near future price speculation.

    I may be way behind some of you, and repeating old ideas, but whilst trying to guess where this chart was heading next, I thought I'd take a look to see what happened in May 2017. From what I can see, 2019 would appear to be plotting a pattern similar to 2017. Matching the size and scale of the peak from the past and present, I can offer up this graphical hypothesis. If; speed = distance / time, maybe, future = past / present XRP loves to follow patterns, so I actually think this "artists impression" (not technical analysis or investment advice) could end up being quite close to the money. Obviously it's not going to match it candle for candle, but I do predict the following; Saturday 18th - Sunday 19th = Around $0.43 Monday 27th = We revisit the $0.47 resistance and break through. Friday 31st - Saturday 1st = Around $0.76 matching Septembers peak and resistance line. I'm intrigued to see how this plays out...
  35. 17 points
    https://bitcoinexchangeguide.com/ripples-xrp-falls-under-virtual-currency-in-japan-in-new-blockchain-crypto-regulation-2019-report/ XRP falls under "virtual currency" and "security" in Japan. So I guess we'll see in the next few months if regulation was truly the thing holding XRP back and see if Japan is going to really adopt XRP. This does mean that SBI will finally launch, I think.
  36. 17 points
    This has to be called out. The maxis are scurrying to control the damage of the suggestion made by a core dev, saying it would be nearly impossible to execute. Just more holes in their sinking raft. Core Dev's suggestion to CZ Binance on how to recover stolen funds: Of course maxis go in to full protect mode: XRP supporters respond:
  37. 17 points

    xRapid usage

    Perhaps in the short run but in the long-run I strongly disagree here. I feel that because this is an entirely new asset class meaning big boys have been prohibited to enter due to lack of regulatory clarity coupled with many potential retail investors waiting to see how this new asset class matures creates opportunities for us. Perhaps we are taking on additional risk but looking at the fundamental developments of RippleNet and the product suite developments as well as strategic build out of markets that have happened throughout 2018 and certainly this year I'm more confident than ever. Our current price is a distraction. We are coming out of the depths of a bear market and the drum beat while hard to hear continues and slowly gets louder and louder. A massive bull market would absolutely help fast track XRP utility volume but I'm extremely optimistic about our future given we are progressing forward through the worst of times.
  38. 17 points

    Escrow sales

    Correct. 700m this month. I was going to update the spreadsheet but it is getting too messy to maintain and when I looked at it, I discovered I'd accidentally removed one entry and was out by a month, so I'm abandoning it. Instead I wrote a script to fetch the escrow data and display a summary that is easier to update and check. The totals for the re-escrowed data (millions) by month are as follows +---------+---------------+ | Month | Re-escrowed | |---------+---------------| | 2018-02 | 900 | | 2018-03 | 900 | | 2018-04 | 900 | | 2018-05 | 900 | | 2018-06 | 900 | | 2018-07 | 900 | | 2018-08 | 900 | | 2018-09 | 800 | | 2018-10 | 800 | | 2018-11 | 800 | | 2018-12 | 800 | | 2019-01 | 800 | | 2019-02 | 800 | | 2019-03 | 700 | | 2019-04 | 700 | | 2019-05 | 700 | +---------+---------------+ I'm glad to see the pattern of increasing amounts being sold is continuing. The complete breakdown of when and where each escrow was made is in this table, where you can see the totals for each month in FinishAfter is 1 billion apart from the last one which is 200m and will no doubt be updated next month. I'm very glad I found how to paste tables into xrpchat finally. Never noticed the code insert button and the preview pane Amount FinishAfter Account Date 2022-08-01 rhEwsCWDCVxDiKxGJAKM6VuXC8EFtJP5gQ 2018-02-01 500.0 rncKvRcdDq9hVJpdLdTcKoxsS3NSkXsvfM 2018-02-01 400.0 2018-03-01 100.0 2022-09-01 rhEwsCWDCVxDiKxGJAKM6VuXC8EFtJP5gQ 2018-03-01 500.0 rncKvRcdDq9hVJpdLdTcKoxsS3NSkXsvfM 2018-03-01 300.0 2018-04-01 200.0 2022-10-01 rhEwsCWDCVxDiKxGJAKM6VuXC8EFtJP5gQ 2018-04-01 500.0 rncKvRcdDq9hVJpdLdTcKoxsS3NSkXsvfM 2018-04-01 200.0 2018-05-01 300.0 2022-11-01 rhEwsCWDCVxDiKxGJAKM6VuXC8EFtJP5gQ 2018-05-01 500.0 rncKvRcdDq9hVJpdLdTcKoxsS3NSkXsvfM 2018-05-01 100.0 2018-06-01 400.0 2022-12-01 rhEwsCWDCVxDiKxGJAKM6VuXC8EFtJP5gQ 2018-06-01 500.0 rncKvRcdDq9hVJpdLdTcKoxsS3NSkXsvfM 2018-07-01 500.0 2023-01-01 rhEwsCWDCVxDiKxGJAKM6VuXC8EFtJP5gQ 2018-07-01 400.0 2018-08-01 100.0 rncKvRcdDq9hVJpdLdTcKoxsS3NSkXsvfM 2018-08-01 500.0 2023-02-01 rhEwsCWDCVxDiKxGJAKM6VuXC8EFtJP5gQ 2018-08-01 300.0 2018-09-01 200.0 rncKvRcdDq9hVJpdLdTcKoxsS3NSkXsvfM 2018-09-01 500.0 2023-03-01 rhEwsCWDCVxDiKxGJAKM6VuXC8EFtJP5gQ 2018-09-01 100.0 2018-10-01 400.0 rncKvRcdDq9hVJpdLdTcKoxsS3NSkXsvfM 2018-10-01 400.0 2018-11-01 100.0 2023-04-01 rhEwsCWDCVxDiKxGJAKM6VuXC8EFtJP5gQ 2018-11-01 500.0 rncKvRcdDq9hVJpdLdTcKoxsS3NSkXsvfM 2018-11-01 200.0 2018-12-01 300.0 2023-05-01 rhEwsCWDCVxDiKxGJAKM6VuXC8EFtJP5gQ 2018-12-01 500.0 rncKvRcdDq9hVJpdLdTcKoxsS3NSkXsvfM 2019-01-01 500.0 2023-06-01 rp6aTJmW3nq1aKt3Jmuz4DPRxksT5PBjpH 2019-01-01 300.0 2019-02-01 200.0 rsjFB8mPWqiZgPUaVh8XYqdfa59PE2d5LG 2019-02-01 500.0 2023-07-01 rp6aTJmW3nq1aKt3Jmuz4DPRxksT5PBjpH 2019-02-01 100.0 2019-03-01 400.0 rsjFB8mPWqiZgPUaVh8XYqdfa59PE2d5LG 2019-03-01 300.0 2019-04-01 200.0 2023-08-01 rp6aTJmW3nq1aKt3Jmuz4DPRxksT5PBjpH 2019-04-01 400.0 2019-05-01 100.0 rsjFB8mPWqiZgPUaVh8XYqdfa59PE2d5LG 2019-04-01 100.0 2019-05-01 400.0 2023-09-01 rp6aTJmW3nq1aKt3Jmuz4DPRxksT5PBjpH 2019-05-01 200.0
  39. 17 points

    New tool, documentation

    We've launched some new items on the dev site hopefully providing great value to those who want to receive transactions in the XRP Ledger. (More on that still in the queue.) Transaction Sender - A new interactive tool that automatically provisions some test net addresses and lets you send transactions of various types to the test net address of your choice. You can use this to, among other things, test how your systems handle incoming partial payments, TrustSet transactions, etc. Look Up Transaction Results - Vastly expanded from the previous docs, this page now talks about how to know when a transaction's outcome is final and how to read transaction metadata to see what a transaction actually did. Transaction Metadata - Now finally describes all the stuff that can appear in the "AffectedNodes" array, including some of the weird edge cases that can trip you up when you write processing logic.
  40. 17 points
  41. 17 points
    CAPITAL MARKET DEVELOPMENT AND THE FINTECH REVOLUTION: OPPORTUNITIES AND CHALLENGES April 11, 2019 | 13:00 to 14:30 ET, 17:00 to 18:30 GMT Atrium, World Bank Group Headquarters, Washington DC A flagship event of the 2019 Spring Meetings on Thursday, April 11 brought together a panel of fintech experts for a lively conversation on the wide-ranging opportunities and challenges of technological innovation in the capital markets, along with important legal, regulatory and competitive considerations. Overall it was a very interesting video to watch. The moderator was very professional and provided to a very pleasant discussion with the panelists. There is no strict mention of Ripple or XRP, but some parts of the video pricked up my ears. I will give a timeline for each speakers and provide a very succinct summary of each speaker's intervention. At the end of the panel, there is a Q/A. 00:00:00 - Introduction from the World Bank Managing Director and Chief Administrative Officer. 00:07:21 - Presentation of all the panelists by the moderator. 00:09:00 - Question to R3 00:14:08 - Question to the Bank of Canada 00:17:48 - Question to the OECD 00:26:45 - Question to the Milken Institute 00:39:32 - Question to R3 00:46:18 - Question to the Bank of Canada 00:51:52 - Question to the OECD 00:57:39 - Question to the Milken Institute 01:01:45 - Question to all and R3's answer 01:05:54 - Milken Institute's answer 01:07:10 - OECD's answer 01:08:30 - Bank of Canada's answer 01:10:30 - Questions 01:15:35 - Bank of Canada answer to privacy question 01:18:10 - OCDE answer to ICO's question 01:21:45 - Milken Institute's answer to M-Pesa vs Blockchain question 01:25:34 - R3's answer on energy issue and R3 Corda Settler advantages over PoW protocol
  42. 17 points
    Hello Study Group, Scott here from Love For Crypto, I Run the LFC Instagram and Facebook pages @LoveForCrypto17 and also add daily videos regarding DLT, IoV, IoT and my general thoughts on where it's going to YouTube. I can also be reached on Twitter @ScottyPMedia We at Love For Crypto are hoping to reach English speaking people online globally and are looking to set up events locally to start with. Being in the UK we're currently on BST (British Summer Time GMT -1) I would love to be part of regional Teams and sharing the knowledge through different visions. Super Excited about this.
  43. 16 points
    Hi Guys, This is my first post on here, but I've been part of the twitter and discord community since 2017. And I'm here to shill my first coil blog post. If you are wondering what IS a sidechain, what bitcoin sidechains are out there, and why the XRPL is the biggest, have a read in here: Mirror Mirror on the Wall, How on Earth Is the XRP Ledger the Greatest Bitcoin Sidechain of Them All? It includes some metrics on the state of other bitcoin sidechains and a comparison to bitcoin IOU's by trusted entities. Thanks for reading and please drop me some feedback or start a discussion.
  44. 16 points
    Event starts at 7 AM EST Coindesk Live Coindesk Backstage Live below Videos will be uploaded the next day Ryan Zagone Panel https://www.coindesk.com/events/consensus-2019
  45. 16 points
    I don't think these kind of garbage articles should even be allowed posted here. All I need to do is read the title to know its garbage. This forum is polluted with low quality blog posts from these 4th tier fake news blogs.
  46. 16 points
    Theres a difference between refuting FUD and instantly attacking new members though. How do you expect a community to grow if new members are nuked for asking honest questions?
  47. 16 points
  48. 16 points

    Answer: Bank's and XRP

    Just to be clear, I have great respect for Brad as a leader and also complete confidence in the direction he has steered Ripple. If I didn't I wouldn't be holding XRP nor here talking to all of you. However, Brad and I don't have the super close friendship I feel for Stefan, David, Arthur, Nik, Rome and many other Ripplers. I'll defend my friends to my dying breath. But expect me to give Brad some **** if I ever think he makes a bone headed move. After all, he still is "the new guy" to me. That said, let's be a little realistic when we analyze what happened in 2018. Through January while XRP was up 1,000 times in six months, everyone in banking thought they might get promoted for recommending their bank jump on the XRP bandwagon. Later in the year, with cryptocurrency down dramatically, those same people were likely wondering if they would be fired for suggesting they push forward with cryptocurrency. After all banks pride themselves on stability. Going "all in" on volatile assets is not how most banks want to be publicly perceived. But here in 2019, Small banks are still being overcharged by big banks for the international payment services they need to provide their customers. Remittance companies still have liquidity problems and trouble getting banked. Customers are still having payments go missing, even after paying exorbitant amounts. The problems are still real. RippleNet and xRapid's solutions still solve them. What I expect to see is: Smaller banks and payment services companies moving the fastest towards XRP as a new liquidity alternative. People at those banks get promoted for creating better and cheaper services for bank customers. Larger banks favoring RippleNet's end-to-end payment synchronization solutions. Nobody ever gets fired for improving internal efficiency, reliability and compliance of traditional products. That's my bet on the next steps toward money's future.
  49. 16 points
    Hello XRP Community! It's very rejoicing to see many familiar faces around! My name is: XRP Research Center. Please call me "RC" for easy reference. I'm also known as: @XRPCenter on twitter I am bilingual (Spanish/English) and I hope this is helpful to increase the reach of my learnings to the Spanish-speaking community. I'm currently in central daylight time (GMT -5). Sorry, but for personal reasons that I hate (lol) I'll have to remain anonymous. Nice to meet you all!
  50. 16 points

    XRP: Endgame

    In the end, this is what unites us. The vision of moving value as easy and fast as snapping our fingers. This is my new blog post! https://xrpcommunity.blog/xrp-endgame/
  • Create New...