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Showing content with the highest reputation since 04/26/2020 in all areas

  1. 29 points
    JannaOneTrick

    Liquidity Aggregation

    Liquidity Aggregation Job position and Breanne Madigan's article [Job Position] Staff Software Engineer, Liquidity "Liquidity sourcing and aggregation, [...]" https://ripple.com/company/careers/all-jobs?gh_jid=2006530 "I guess that what Ripple is going to develop by this new job is a solution to get more liquidity by using multiple exchanges for one payment: "Liquidity Aggregation."" [Ripple Insight] Liquidity and Global Markets | 101 Breanne Madigan, 20th April "But even non-ODL partner exchanges like Kraken or Coinbase will contrinute to increased liquidity." https://ripple.com/insights/liquidity-and-global-markets-101/
  2. 24 points
    denverks

    News recap for the last 15 days

    Ripple Joins MOBI, Mobility Blockchain Initiative https://www.thecryptoassociate.com/ripple-joins-mobi-mobility-blockchain-initiative/ Ripple’s David Schwartz, Arthur Britto, and crew have updated their custodial service website, Polysign inc. https://www.reddit.com/r/Ripple/comments/g78bia/ripples_david_schwartz_arthur_britto_and_crew/ RippleNet member NIUM expands into China with latest partnership https://twitter.com/CryptoAmb/status/1252498884946989057 Japanese cryptocurrency exchange FXcoin to test remittances with XRP https://www.xrparcade.com/news/japanese-cryptocurrency-exchange-fxcoin-to-test-remittances-with-xrp/ Xpring introduces Developer Reflections https://www.xrparcade.com/news/xpring-introduces-developer-reflections-one-more-countermeasure-to-covid-19/ Ripple to be Added to Voyager Crypto Asset Broker https://www.thecryptoassociate.com/ripple-to-be-added-to-voyager-crypto-asset-broker/ Ripple Partner Volante Joins U.S. Faster Payments Council https://www.thecryptoassociate.com/ripple-partner-volante-joins-u-s-faster-payments-council/ Ripple Partner SBI to Partner with SMFG for Digital Banking https://www.thecryptoassociate.com/ripple-partner-sbi-to-partner-with-smfg-for-digital-banking/ Ripple’s Xpring Recognized by Fast Company https://www.thecryptoassociate.com/ripples-xpring-recognized-by-fast-company/ An App for Millions That Runs on Ripple https://ripple.com/insights/an-app-for-millions-that-runs-on-ripple/ Bank of America Talks About Blockchain in Banking https://www.thecryptoassociate.com/bank-of-america-talks-about-blockchain-in-banking/ TPBank Uses RippleNet to Drive Transparent Global Payments Between Vietnam and The World https://ripple.com/insights/tpbank-uses-ripplenet-to-drive-transparent-global-payments-between-vietnam-and-the-world/ Arab Bank Switzerland to add custody and brokerage services for XRP https://www.xrparcade.com/news/arab-bank-switzerland-to-add-custody-and-brokerage-services-for-xrp/ Sygnum bank fully integrates Ripplenet and XRP for banking customers https://www.insights.sygnum.com/post/le-jeton-numérique-xrp-de-ripple-est-maintenant-disponible-à-la-banque-sygnum RippleNet Usage Surges 300% In 2020 Q1 https://www.thecryptoassociate.com/ripplenet-usage-surges-300-in-2020-q1/
  3. 19 points
    https://www.xrparcade.com/news/new-xrp-payment-gateway-now-live-in-africa/
  4. 18 points
    Pablo

    Incentivising UNL Validators

    I've been reading a number of concerns raised over the last few months about the state of the UNL and increasing the number of validators by changing the incentive structure on the XRPL. There have been a number of people pushing this case pretty hard including @TiffanyHayden and @ToastWallet dev Richard Holland. This week I came across an interesting series of proposals on twitter: I felt this was worth some consideration and response and had an exchange with @LilBender which he kindly agreed to be reproduced below. His proposals meant going back to look at some assumptions about the current state of play as well so I tried to break this down for my own thinking here: 1. Community validators will "bleed away": If this is true, I don't see much evidence of it. Community validators were aware of the lack of fungible incentives from the beginning (thanks @Trickery for reminding me of the importance of "fungibility" in this setting). What has changed? Not much. Compare with Codius where hosts went in with high expectations of profits that failed to materialise. Here's the latest data (https://minivalist.cinn.app/) - this year, we've had 3 more validators join the UNL. Ripple is currently running only 17% of the UNL (and incredibly, only 2% of the mainnet). So validator numbers appear to be going up and Ripple dominance continues to drop. If anyone is going to claim a "bleed out", they're going to have to present some evidence to support their case. 2. Low/No incentivisation to running a validator: In fact, there are benefits to the current model that haven't been discussed, particularly when considering the legal risk allocation associated with running a validator/node/mining rig. Legal risk isn't a problem at the moment as the market is immature. Those who've lost money on hacks, scams, security breaches and smart-contract melt-downs have largely been (A) early adopters (B) speculators looking for high risk investments and (C) crypto folk. They almost expect to lose money. The DAO still hasn't resulted in any lawsuits. That's incredible. But it won't last. We still don't have widespread enterprise engagement or institutional investors. They and their shareholders don't like losing money. When the big dogs join us, I would not want to be a node/validator/miner responsible for the efficacy and security of a crypto platform. As the financial incentives of the node/validator/mining role increase, so do the legal risks. By not being paid a dime, UNL participants are quarantined to a large extent. Not completely, but significantly. 3. Staking as an option to increasing validator participation: Staking dynamics are still poorly understood and add systemic risk to the network. Smart contract payouts and staking invites many more bad actors and malevolence into the network and introduces numerous attack vectors that we simply don't understand fully or need. I'm all for 2nd and 3rd layer tools and apps but changes to the core and consensus model should be carefully considered and done slowly. In any event, I don't believe the Ripple escrow can be used to pay validators. That's payment for service which makes each validator contractually liable to Ripple (and investors) and creates an unmanageable cost item on Ripple's balance sheet. How do they cap that cost and who decides the fees? And doesn't paying validators increase the sell pressure as they recoup their costs each month? I'll need to think more about the staking idea from a securities standpoint. As I see it today, the XRP escrow cannot be used to pay investors who have staked XRP. If the escrow is programatically distributed to stakeholders (even if indirectly), that puts Ripple in an untenable position. It's a regulatory nightmare and opens up new problems in their securities cases. I think it's a no-go. I'm no purist but if investors want staking, there are plenty of other projects to invest in (and lose money on ). 4. That the XRPL is better served by paying stakeholders/validators rather than start-ups: Even if the XRPL was suffering an existential threat (which I see no evidence of), this model only seems to benefit short-term investors, not Ripple. Also on Amazon - I'm glad this has been raised because talk about the mother of all pivoters. An online book store pivots into an online marketplace, pivots into ebook devices, pivots into bricks and mortar, pivots into streaming devices and content, pivots into the completely unrelated industry of cloud computing. Will there be more pivots? Will there be mis-steps? Of course there will! Unpack AWS further - they got in very early (2002-4), they grew the business slowly (2011 is a key milestone for the market) and the competition is only now catching up. This has direct parallels to Ripple who are in a key market before anyone else and I don't see any real competition yet. They are operating in a legacy market and need users to convert infrastructure and processes and laws to take advantage of this new tech. Ripple must pivot, again and again and again, to remain competitive and profitable in coming years. I'll only get nervous when they stop.
  5. 16 points
    Eric123

    Epic Pennant on BTC Chart

    1458 Days and 7 Hours till the next Halving.
  6. 15 points
    The first XRP Toolkit beta was released more than a year ago and a lot has happened since then. The original XRP Toolkit creator founded Towo Labs, recruited a small team and began implementing new hardware wallet firmware and a new version of the XRP Toolkit. The reimplementation features complete support for signing transactions using Xumm, Ledger Nano S and Ledger Nano X. The first round of testing with ~50 users has just been completed and the second round of testing is about to begin. If you'd like to participate, signup as a tester through this form: https://forms.gle/m42d4UmrHc3CVWNt6 Signing an order for the decentralized exchange using the Xumm app by XRPL Labs. The new Ledger firmware by Towo Labs supports signing trade orders for the decentralized exchange, XRP escrows, account settings, trust lines, cross-currency payments and even common transaction fields like memos. Everything that's possible to do on the XRP Ledger is supported by the new Ledger firmware. If you want to be the first to know when Towo Labs new firmware becomes publicly available, keep an eye on this pull request: https://github.com/LedgerHQ/ledger-app-xrp/pull/8 Signing an order for the decentralized exchange using a Ledger Nano S, running XRP firmware v2.0 by Towo Labs.
  7. 15 points
    Xrpiet

    An App for Millions That Runs on Ripple

    https://ripple.com/insights/an-app-for-millions-that-runs-on-ripple/
  8. 14 points
    https://www.thecryptoassociate.com/sbi-ceo-speaks-about-ripple-during-earnings-presentation-call/ "This is what I wanted to tell them is that, up until now, we have been focusing only on remittance and tying up with banks or money transfer brokers or agents because they wanted to — their mission was to create revolution in international remittance. But large trading firms have bases around the world, and that’s probably true with all the multinationals. Why don’t you move the money around there? You don’t have to work with just the finance sector. You can invite the multinational network into Ripple, and you can accelerate commercialization." Yoshitaka Kitao (CEO of SBI Holdings) Damn!!! Yoshitaka Kitao just told Ripple. I'm not upset about it, I like it. I would hope and believe that the folks at ripple would be thinking "I wish I had thought of that." Head down, smile, and a new mission.
  9. 14 points
    Eric123

    Epic Pennant on BTC Chart

    Bitcoin's price broke through our recent downtrend and touched on the "Big Daddy Down Trend Line" (which is what I'll be call it from now on) before coming back down. Price will need to gain some strength to break the downtrend which I think will happen a day or two after the 50/100 Day EMA Golden Cross, so this Friday or Saturday. Thereafter I hope that line becomes support before the price moves higher. Halving is 5 Days and 10 hours away. For I while now I've noticed the absence of @dr_ed. The Doc was a big contributor to this board and provided much useful information. I visited his page and saw he has not been here since Jan 22. Doc if you're out there I hope you are well.
  10. 13 points
    Guys, Last week, on April 23, 2020, Ripple Labs, Inc. filed for two (2) new trademarks with the United States Patent and Trademark Office (USPTO). Both trademarks are character marks (versus a design trademark for a logo). Here are the two new trademarks: 1) "On-Demand Liquidity" 2) "Ripple On-Demand Liquidity" Both of these filings should come at no surprise. Ripple Labs, Inc. continues to add to their IP portfolio (always great to see). To date, Ripple has filed for 55 trademarks with the USPTO. 40 of the 55 trademarks are "live" and active whereas 15 are considered "dead" and abandoned by the company. The character mark "XRP" is still owned by the company. https://www.xrpchat.com/topic/24086-new-trademark-filed-by-ripple-labs https://www.xrpchat.com/topic/27862-abandon-the-xrp-trademark/ @Snoopy @Pablo @WillGetThere @vlad_got_it @jcdenton @Mrsrippley @xrpisking
  11. 13 points
    Just fyi, everyone who said to sell was right. Doesn't matter, still hodling. The risk of missing the spike outweighs the loss of prolonged bear market to me even now. Xrp is either gonna buy me a house or disappear into obscurity. I give no fukcs.
  12. 12 points
    Eric123

    Epic Pennant on BTC Chart

    Three closes above the Down Trend Line. Looks like today will be # Four. Golden Cross of the 100/200 Day EMA happening Monday. Hash rate is hanging in there. All in all stuff is pretty positive.
  13. 12 points
    nikb

    Miguel Vias has left Ripple?

    I normally avoid threads like this, but I feel compelled to chime in here, because the above is simply not true; it’s a gross generalization and, frankly, nonsensical. People leave for many reasons. Perhaps they want to leave to focus on their own startup; to attend school; because they have health issues; or maybe the amount of work they have is so much that they find themselves unable to devote time to things that matter—like family. The point is that people‘s reasons are their own; they don’t owe anyone an explanation and if they do, their reasons don’t need to make sense to anyone other than themselves.
  14. 12 points
    Thank you, for your post. Please don't be discouraged by remarks of folks that have been here for a while that say we already knew that. A lot of us have been here a while and have lost our sensibility to new comers that have excitement. I hope for all of us that the news you presented is implemented as quickly and as safely possible and that you may for go a brutal bear market that has drained myself and others of all civility. Again thanks and this is great. We need Katio to blink.
  15. 12 points
    https://www.xrparcade.com/news/introducing-coston-flare-enables-smart-contracts-with-xrp/
  16. 12 points
    Its not information overload - its a menu you can dip into and investigate at your leisure. Excellent idea, so much is happening even when the world is in lockdown big progressive steps are being made by team Ripple/XRP.
  17. 12 points
    I trust this about as much as an email that I got stating that I have an inheritance from a lost relative in Uganda.
  18. 12 points
    jbjnr

    Q1 2020 ODL report

    In their "official" Q1 report, I'm sorry to say that ripple made a silly mistake. in their Section on "On-Demand Liquidity (ODL)" "Customers continue to see the value of XRP through significant cost-savings by eliminating the need to pre-fund international accounts. From Q4 2019 to Q1 2020, RippleNet’s On-Demand Liquidity (ODL) service tripled in transaction volume, and the dollar value transacted increased by more than 294%." The figure they have used should read "and the dollar value transacted increased by more than 194%.". A rise from 100 to 200 is a 100% increase, and from 100 to 300 is a 200% increase, even if the numbers have tripled. If any of the ripple employees are reading this ( @mDuo13? ) please ask your publicity dept to check that number. Thanks. In my report, I wrote that they had a 196% increase in 2020-Q1 $Totals %Change 2019-Q1 0.04 0.0 2019-Q2 1.12 2700.0 2019-Q3 26.63 2277.7 2019-Q4 185.03 594.8 2020-Q1 547.63 196.0 So - as far as I'm concerned, the analysis I'm doing is close enough and I now "believe" that my figures/charts are a good representation of ODL activity and can be trusted. The 2% difference between their 194% and my 196% can be partially attributed to using the dollar $ valuation of xrp at the mid price for the day rather than the actual value at the instant of transaction, and possibly the rejection/lack of inclusion of 1 small corridor in my figures, that I will add back in and recompute the numbers and report back sometime soon. ODL for this week looks slightly down so far (I attribute it to volatility in the markets again, I have an idea for a new plot that might show that effect properly).
  19. 12 points
    https://www.xrparcade.com/news/arab-bank-switzerland-to-add-custody-and-brokerage-services-for-xrp/
  20. 12 points
    Very uncertain times - who can predict? I intend to keep posting Crypto Eri here, she is bringing so many good news stories from the Far East and members of this forum should be discussing these storeis instead of swatting back biting trolls.
  21. 11 points
    LeonidasH

    Go2 exchange runs on Ripple

    https://www.xrparcade.com/news/go2-exchange-runs-on-ripple/
  22. 11 points
    https://www.xrparcade.com/news/ripple-prepares-for-loans-product-release/
  23. 11 points
    Ripple partner SBI Holdings says it plans to use Ripple’s payments technology to make it easier for people in Japan to access ATMs. In its latest yearly financial results report, the financial services company says it’s working to integrate its Ripple-powered settlements app MoneyTap with ATMs run by various banks across the country. https://dailyhodl.com/2020/05/13/sbi-plans-to-utilize-ripple-payments-network-to-consolidate-atm-access-in-japan/ https://livemarketindex.com/blockchain-and-cryptocurrency-news
  24. 11 points
    We still do not know what the settlement between Ripple and R3 was. We only know that R3 made an attempt at "buying" the Utility Settlement Coin project. This failed and SBI suddenly came on to the scene, made a joint venture with R3 called SBI R3 Japan through a pretty large investment in R3. R3 made XRP the first settlement Oracle with its settler application, and then Kitao became a board member of Ripple. BTW: In David Schwartz Block Stars podcast, Chris Larsen talked about meeting Yoshitaka Kitao back in 2005/2006 and they discussed digital tokens. Remember, this is 4 years before Bitcoin. (Starts talking about this around 3 minutes) https://ripple.com/podcast/ Sources: Sept 2018: https://www.coindesk.com/r3-rejected-utility-settlement-coin-blockchain https://www.coindesk.com/r3-ripple-settle-legal-dispute-over-xrp-purchase-option December 2018 https://www.r3.com/press-media/r3-launches-universal-corda-settler-application/ January 2019 https://www.r3.com/press-media/r3-and-sbi-holdings-partner-for-new-venture-to-accelerate-corda-adoption-in-japan/ April 2019 https://ripple.com/ripple_press/yoshitaka-kitao-joins-ripple-board-of-directors/ The dates seem pretty important in this series of news.
  25. 11 points
    brjXRP17

    Ripple Lawsuit Tracker (May 2020)

    Guys, Below is your May 2020 update on the lawsuits filed against Ripple Labs, Inc. As of today, May 4, 2020, there are four (4) open or active cases Ripple Labs, Inc is involved with and litigating. TL;DR - A new securities related lawsuit was filed against Ripple Labs, Inc. last week. That is three, securities related lawsuits Ripple is now defending. The open or active cases are in bold: 1.) 2014 - Ripple v. LaCore Enterprises (closed) 2.) 2015 - Ripple v. Kefi Labs (closed) 3.) 2015 - Arthur Britto v. Jed McCaleb (closed)** 4.) 2016 - Bitstamp v. Ripple, Jed McCaleb, Stellar (closed) 5.) 2016 - Ripple v. Pixel Labs (closed) 6.) 2017 - R3 v. Ripple (Delaware) (closed) 7.) 2017 - Ripple and XRP II v. R3 (California) (closed) 8.) 2017 - R3 v. Ripple (New York) (closed) 9.) 2017 - Tony Petrucci v. Ripple (closed) 10.) 2018 - Ryan Coffey v. Ripple, XRP II and Bradley Garlinghouse (California) (closed) 11.) 2018 - Ryan Coffey v. Ripple, XRP II and Bradley Garlinghouse (U.S. Federal Court) (closed) 12.) 2018 - Zakinov v. Ripple, XRP II and Bradley Garlinghouse (California) (closed; consolidated w/ #17) 13.) 2018 - David Oconer v. Ripple, XRP II and Bradley Garlinghouse (California) (closed; consolidated w/ #17) 14.) 2018 - Avner Greenwald v. Ripple, XRP II, Bradley Garlinghouse, Christian Larsen, Ben Lawsky (California) (closed) 15.) 2018 - Avner Greenwald v. Ripple, XRP II, Bradley Garlinghouse, Christian Larsen, Ben Lawsky (U.S. Federal Court) (closed) 16.) 2018 - Avner Greenwald v. Ripple, XRP II, Bradley Garlinghouse, Christian Larsen, Ben Lawsky (U.S. Appeals Federal Court) (closed) 17.) 2018 - Zakinov et al v. Ripple et al (U.S. Federal Court) (open/active) 18.) 2019 - Cooperative Entertainment, Inc. vs. Ripple (closed) 19.) 2020 - Simmons vs. Ripple Labs, XRP II, LLC, and Bradley Garlinghouse (U.S. Federal Court) (open/active) 20.) 2020 - Ripple Labs, Inc. et al vs. YouTube, LLC (U.S. Federal Court) (open/active) 21.) 2020 - Bitcoin Manipulation Abatement, LLC, vs. Ripple Labs, XRP II, LLC, and Bradley Garlinghouse (U.S. Federal Court) (open/active) Notes on active cases: #17, #19, #21 (above) - There are now three different securities related lawsuits filed against Ripple Labs, Inc., two in U.S. Federal Court in California (#17, #21) and one in U.S. Federal Court in New York (#19). The second federal case in California (#21) was filed on May 1, 2020. #20 (above) - Over the years, Ripple Labs, Inc. has typically been the defendant in all of these lawsuits. However, as many of you are aware, Ripple just filed a lawsuit against YouTube (Google) for alleged trademark infringement, alleged right to publicity, and alleged violations under California's Unfair Competition Laws, all related to the XRP Scam Giveaways. My guess is that Ripple Labs, Inc. will move to have all three securities related lawsuits joined (combined), but we shall see. And as soon as I have upcoming dates on all of these cases, I will update this post. @Snoopy @Pablo @WillGetThere @vlad_got_it @jcdenton @Mrsrippley @xrpisking
  26. 11 points
    Sumitomo buys into SBI and FXCoin exchange in Japan To quote Crypto Eri XRP is now backed by the second biggest bank in Japan
  27. 11 points
    KarmaCoverage

    XRP global currency - HOW?

    I made this a while ago, skip to minute 4:45. Happy to answer any questions. You can also search this forum for CBDC. There have been some great discussion on CBDC going back a few years when the idea was more fringe. As I remember, the Bank of England did some good early work on the idea. This paper is the basis for most of what I'm talking about in the video.
  28. 10 points
    ADingoAteMyXRP

    Liquidity Aggregation

    This is great info! I feel like the puzzle pieces are starting to come together. Liquidity aggregation would further improve ODL efficiency and make the whole system easier to use — excited for RippleNet Home too. Speculating a bit, but I wonder if this project is the new version of xPool, or what we thought xPool might be. This is a wild idea, but as an example... if Bitstamp liquidity were too low to complete an ODL request cheaply, then the system could ping Coinbase APIs, buy the XRP with an existing Ripple-owned account, transfer it to Bitstamp (in 3-5 seconds) and then complete the ODL cross-border transfer from there. In that case the transaction would take a bit longer and might not be atomic (therefore cost may not be locked in), but if the risk is low enough and new liquidity can contribute then it could enable much larger cross border payments. Kind of brilliant. The customer could also benefit from similar scenarios on the receiving end of the ODL transfer. And an even weirder idea... if I’m a customer in a country where there isn’t enough liquidity for XRP, even if liquidity is aggregated across all my country’s exchanges, then Ripple could operate an account at an exchange in my country that simply receives the source fiat and initiates an ODL transfer originating from an exchange in another country. Ripple would sit on the pile of source fiat until it was either needed for an ODL exchange going in the other direction, or slowly trade it back into XRP as liquidity becomes available in that source country. The customer is happy, and Ripple eats some opportunity cost from holding those funds (which are basically acting as a short-term RippleNet-enabled nostro/vostro account anyone can use). Okay, done speculating. But in general I think there’s a gigantic opportunity from thinking outside the box of atomic transfers. Excited to see how ODL might evolve.
  29. 10 points
    To help enable this next step in global interoperability and meet the evolving needs of our customers, Ripple is now part of the ISO 20022 Standards Body—the first member focused on Distributed Ledger Technology (DLT). https://ripple.com/lp/iso-overview/
  30. 10 points
    Eric123

    Epic Pennant on BTC Chart

    Alright. We got the move I was looking for a day early. Big move on Big volume that busted through the Big Daddy Down Trend Line in dramatic fashion. The only other time we broke this line was February 14, 2020 and that only lasted a day. This line should now serve as support and with the 50/100 Golden Cross that happened yesterday and the 100/200 Day EMA Golden cross which is gonna happen in about 3 days there is more reasons to think Bitcoin's price can continue higher. The halving is on Tuesday. Hash rate is high. Things look good. As far as a post halving pull back, I am not very confident that one will occur: First of all I don't see the recent price return to $10k to be anything other than rectifying the damage from the Lockdowns (Unconstitutional in my opinion, (in the US anyway,) to the other lawyers here -I'm curious about your opinions on this) which in my opinion should have never negatively effected Bitcoin's price in the first place. So basically I don't see the move from $4k to $10k as a pre halving run up. Second - the moving averages are and are turning bullish. Third - The economic crisis the world is currently undergoing is exactly what bitcoin was made for. If you wanted the perfect global conditions for bitcoin to flourish, (other than aliens landing and saying they have everything we ever dreamed of but will only accept bitcoin as payment),you really couldn't have scripted it better. Fourth - The cycle should be entering the phase where price begins to go up Fifth - Most people are expecting a pullback to happen.
  31. 10 points
    princesultan

    Q1 2020 Report

    Until I see $$$ flowing through ODL I am not impressed. It's easy to have 400% growth when your last quarter volume was $1000 (for example).
  32. 10 points
    Trisky

    Q1 2020 Report

    Meanwhile, a report from the competition:
  33. 9 points
    zerpener

    ODL EUR/USD

    Looks like a large amount of potential new EUR/USD ($1.5m) and also more USD/EUR transactions spotted on utility scan! Has this corridor been announced? Could we speculate if this is testing or a real customer use case?
  34. 9 points
    https://www.xrparcade.com/news/the-coil-ecosystem-grows-with-wordpress-plugin-and-uphold-integration/
  35. 9 points
    https://www.xrparcade.com/event/emi-yoshikawa-at-crypto-asia-summit/
  36. 9 points
    sorryNotsorry

    Whats everyones take?

    Been following the discussions here since 2017... just registered today. Its funny how everybody is having second thoughts right now (including me), yet it feels like we are closer than ever. If you got in this xrp mystery, you should have been prepared for all the shi.t that is happening... At the end of the day, i think we are here for being heroes or zeroes, so I'd suggest all of you to hold on Dont stress too much and stay safe, good luck to all of you
  37. 9 points
    https://www.xrparcade.com/news/xrpl-deletable-accounts-amendment-enabled-whats-new/
  38. 9 points
    LeonidasH

    Bitrue runs on Ripple

    https://www.xrparcade.com/news/bitrue-runs-on-ripple/
  39. 9 points
    QWE

    Whats everyones take?

    This data is for Bitstamp only: You currently need 8.5 million USD to move XRP from 0.20 USD to 1.00 USD, but you need 46 million USD to move BTC from 10k USD to 50k USD. This is just Bitstamp, you have to take into account other exchanges, so it would of course be much more than that, but I believe the comparison still stands. Interestingly enough it takes roughly the same amount of USD to move ETH by 5x as it does for XRP (at Bitstamp). It is hard to extrapolate this data for ranges that you mentioned (0.2 USD to 10 USD and 10 USD to 100 USD), because my data is just the amounts of different digital assets at market sell orders at this time. As soon as prices start moving, market orders get added and removed, so market psychology takes it from there. Generally, when prices move up quickly, there are a lot of new buyers, and at the same time, a lot of sellers remove their sell orders, because they are afraid they might miss higher prices. This means much less hard cash is needed to move the price up. The only thing that market capitalization of a digital asset really tells you, is how much money it would take for every seller out there to be able to cash out at the current price. For example, the current market cap of BTC is about 175 billion USD, so it would take 175 billion USD of hard cash to allow every BTC owner in the world to sell their Bitcoin at 9600 USD.
  40. 9 points
    Yes, you posted the correct link. Thanks, fixed my post. Yes, this became possible with ILP + PayChan. I made this chart as part of "Ripple Inc as a Lender of XRP. Risk exposure goals" which was discussed on this XRPchat thread. Basically Ripple Inc, does a USD loan to an Exchange/Market Maker which is settled in XRP. If the value of XRP goes down, Ripple can top off the PayChan, or they can just over fund the PayChan from the beginning of the loan. If the XRP goes up, the Exchange/Market Maker can pay off the loan to Ripple with fewer XRP, therefore Ripple's seignorage gain is reduced, and the Exchange has a gain equal to that reduction. The reason I believe Ripple Inc will be more valuable than Google and the other large tech companies is conditional upon them developing a Revenue Model which enables Ripple Inc to earn revenue on value flows through RippleNet and the XRPL. Almost all great tech companies like Google/Fbook/Uber/AirBnB/etc monetize the Pathfinding algorithm through the network that they built. Goog built the Link Graph - monetizes the search function through that graph Fbook build the Social Graph - monetizes the use of that social graph for ad placement Uber & AirBnB - both built a network of riders/renters & drivers/homeowners and monitize the connection of those parties through their respective networks. You can go on and look at basically all network businesses like this. Rail roads monetize their network per load traveling across their rail network. Airlines... same thing, moving goods/people through their airplane/air port network. Postal network, stamp fees...These are all like transaction fees. The thing is with Ripple, they can't really monetize by a TX fee, because the XRP is burned and the goal is to make the TX fee as low as possible. Leaving the only option available to monetize the value flows through the network "Lending XRP". Using the Postal Network analogy, XRP is both the Envelope mailed, and the Message inside the envelope. Lending XRP is much like "renting out envelopes". It is not Ripple's value at the start of the transaction, nor their value at the end of the transaction. However, as the value flows through XRPL, it just take the form of XRP the envelop. Additionally, loans being calculated using Interest over Time, enables Ripple to retain the ability to earn money from value flows through their network. The more flows, the more XRP they can lend, the more interest they can earn. In terms of Enterprise Value, this cant be underestimated. Been a while since I though about all this, the PayChan write up is 3 years old now. But i'm happy to try an answer any questions.
  41. 9 points
    I think the blink of an eye was a retweet, rather than a statement from Kitao. Kitao has a history of delivering on the projects he is putting together which are collectively on a huge scale. Moneytap, the new Japanese exchanges for institutional investors which are giving away free XRP, the aggregation of Ripplenet hubs in SE Asia, Bitcoin mining in America and conglomeration of smaller Japanese regional banks into a super bank are all rolling forward. Regulatory clarity in Japan is the best in the world. XRP is the most widely held crypto in Japan. How much more do you want for one man?
  42. 9 points
    Duke67

    Where's Hodor?

    I am not, because let's be honest and admit it that Ripple has its own strategy and it's completely unrelated to any social media community.
  43. 9 points
    Eric123

    Epic Pennant on BTC Chart

    Halving is happening next Tuesday. Hash rate is the 3rd highest it has ever been. @Lawyer right on with the chart. Not only is the pennant coming to a head as well as the halving but the 50/100 Day EMA is going to make a golden cross. I went back and looked briefly at the chart where Bitcoin's Pennant was coming to a head around an anticipated 50/100 golden cross and they seem to always break to the upside as far as I can tell. I'm looking to pick up some more this week.
  44. 9 points
    Eric123

    Epic Pennant on BTC Chart

    Bitcoin's price got to where I thought it would be at this time (although I did have a pretty broad range). Interesting to note the price broke the line of the daily close downtrend that Bitcoin has been in since December 2017. Zooming out, today will close out the monthly candle. A close above $9,103 will break the monthly downtrend Bitcoin has been in since December 2017. From here I suspect a breather maybe for a day or two before Bitcoin makes another push up. Once these downtrend lines fall I will start to feel better about this market. I personally don't consider a bull market to have officially started until Bitcoin sets a new all time high. So far Bitcoin has been in a bear market for - Two years, four months, twelve days and this morning. ETH will make a golden cross of it's 50/100 Day EMA toinght. Less than 12 days to the halving.
  45. 9 points
    Eric123

    Epic Pennant on BTC Chart

    All Green today with Bitcoin being the big mover and Litecoin lagging. Eth is about to make a golden cross on the 50/100 Day EMA. Below is the Graph I posted April 10th when I though this halving might play out like 2016. Anyway the price is close to the pre halving circle and may get there today. If this plays out like 2012 though the price will just keep going up.
  46. 9 points
    Eric123

    Epic Pennant on BTC Chart

    Halving less than 2 Weeks away. Bitcoin had it's 7th green day in a row yesterday, I thought the streak would break yesterday but, no, maybe today. I'm still waiting on a big up day on big volume to happen. XRP is making a decent move up 5% @Caracappa in 2017 XRP moved for it's own reasons (the escrow) independent of the rest of the crypto market until it eventually got caught up in the parabolic run. IMO Bitcoin will drag XRP along, but XRP can start running at any time even if Bitcoin remains flat.
  47. 9 points
    The OP and this thread isn't a genuine attempt to discuss any topics. Locked.
  48. 8 points
    Jotaro

    Anytime soon

    If you want to tell people it's time for take off, this is the correct way to do it, which is Back it up, not to remain secretive/pm/showing a Deer avatar. I dont need you all to request pm, here's my take, no you dont have to send me 1,000 xrp and i wont send you 100,000 xrp back either. Some lifeform pm-ed me here's the stages of progression: 1. under the descending trendline for 1 year 2. started to use the descending trendline as support in the 2nd year 3. lift off and look where we're at now in the pic below:
  49. 8 points
    Eric123

    Epic Pennant on BTC Chart

    Halving!!!!
  50. 8 points
    I think perhaps she sometimes feels she must make a video to keep her fans fed, however on the plus side she speaks Japanese and has a professional understanding of financial markets. I believe the XRP ball will start rolling in the Far East and SE Asia, and Crypto Eri will be the first one that picks up on the events that underpin a break out by XRP in the Far East (for instance she is very bullish about this Friday as being an important day she will be watching very carefully). As such she has a very particular contribution to make to investors holding and judging the markets. As such I will be posting her news more often on XRPchat, because her news should be properly aired on this forum.
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