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Showing content with the highest reputation on 11/07/2018 in all areas

  1. I’ve been following the “Swipple” discussions and waiting for someone to articulate this theory and haven’t seen it yet, so I’m going to attempt to explain why I believe Swift and Ripple won’t need to form a partnership in order for Swift Payments to be settled over RippleNET/xRapid. First to understand the theory it is important to explain the difference between a payment and a settlement, which seems to be widely misunderstood in this space. Imagine you are playing black jack at a casino and the waitress comes by and you buy a pack of cigarettes, if you pay with your credit card yo
    35 points
  2. start @ 2:42 Paula da Silva, head of transaction services, SEB "We have a couple of billions going through the ripple network", she also states that they have all customers of SEB doing transactions on the ripple platform. Im assuming we dont see it reflected yet since it's only "Testing Mode" but I cant wait for those billions of dollars to actually go LIVE . It's stuff like this that give me a little more hope after reading so much FUD.
    26 points
  3. This thread started with the title: Why I do believe XRP will not reach 5 USD even in 5 years As amazing as this sounds, I actually want to hear the OP out. I’m very much an evidence-based investor. I know nothing about TA. So it’s reasonable for me to expect from the OP some sort of detailed modelling over the next 5 years, comparison with other comparable DAs over a 5 year period, a thorough rebuttal of the use cases presented by Coil and Codius over the next 5 years, a nuanced explanation of how economic theory, the remittance market and global finance are conspiring to suppress XRP pr
    16 points
  4. This is the equivalent to 'pulling the race card'. Your title suggests you have a founded reason for why not, instead you come up with unsubstantiated claims that have been discussed thoroughly, and commented on by Ripple execs. The difference between your "non lambo" opinion and the general consensus is: your point has been debunked and yet here you are demanding a dignified response for an undignified piece of FUD.
    13 points
  5. Institutional custody has arrived. https://www.wealthadviser.co/2018/11/07/270298/global-institutional-cryptocurrency-brokerage-bcb-group-secures-swiss-regulated
    12 points
  6. This is the most ridiculous subject I’ve seen on here this week. The Koreans single handedly drove price to $3.70+ in January, in 20+ days. It was pure speculation and driven by retail speculators/ investors. Now, retail/ individual crowd is in a huge slump but we have real business case applications coming to life in addition to institutional investors aligning to enter. Once FOMO takes over and average volume goes over a few billlion, you’ll see a new floor set in $, not cents. It’s pretty naive and presumptuous to think it can’t go over $5 in 5 years just because things feel stagnant or ba
    11 points
  7. https://www.pymnts.com/news/b2b-payments/2018/india-banking-blockchain-partnerships-fintech-chinapay/ Finacle and Ripple: IndusInd, Axis and Ripple (RBL connections more speculative): Infosys and Ripple:
    9 points
  8. I think this is new and not been posted before? Canadian-based ‘Spend’ With Connections To Over 40 million Merchants Globally Adopts XRP https://todaysgazette.com/canadian-based-spend-with-connections-to-over-40-million-merchants-globally-adopts-xrp/ Website: https://www.spend.com/
    9 points
  9. It’s such a shame that the Trading and Price Speculation Club has been infested with such nonsense. It used to be a place where people’s ideas about XRP’s price could be intelligently debated high and low. It’s now a cess pool of trolling and negativity. I laugh at the teenage attempts to insult the genuine XRP investor who chooses to join a Private Club where sensible discussion and fun takes place all in celebration of our investment rather than constant complaint and whining about how it cannot succeed. Enjoy wollowing in your own misery guys. If anyone does want to escape
    9 points
  10. Don’t be salty because you are not invited to play with the cool kids.
    8 points
  11. For the billionth time, this is their product strategy and has been since summer 2017.
    8 points
  12. Nostro accounts are the equivilant of being forced to physically mail back DVDs like Blockbuster had you do. In the end, people move away from inconvenience and expense if there are more convenient, cheaper options available. It's just a matter of time before Nostro/Vostro becomes obsolete. As an investor, just see your XRP holdings as something that's going to keep paying you back as the years roll by. That's how I'm seeing it. It's not a race.
    8 points
  13. This is too funny. So it looks like this guy wants to become a "protected minority" here - maybe the mods should positively discriminate in your favour. Mod: "despite his lack of reason, logic and evidence, his opinion cannot be criticised lest you be labelled intolerant of diverse opinions". If you feel strongly about your view that XRP won't be above $5 in 5 years' time, show us your reason and logic. Your Escrow argument is very weak by the way. I was expecting some insight from you about the Escrow that I wasn't aware of. Nope. Nothing. It turns out you don't understand the Esc
    8 points
  14. You could be right. You also could be wrong. Only time will tell the answer as neither of us (actually none of us) knows exactly what's right around the corner. That's why this is a highly risky, highly speculative space. What we can't foretell is the sentiment of the markets as global macro trends shift in 2019. That will say a lot as to when money chasing yield enters the market. Global liquidity is at an all time low since 2008. If one looks around the world one can see the consequences of this tight liquidity. Yield curves, which are an extremely good gauge of liquidity, a
    8 points
  15. We thank everyone for their contribution to this thread and while I feel profoundly saddened that it had to end, it's only fitting that we leave here with these final, ironic words from the great revolutionary himself: Declaraciones del Comandante Fidel Castro Ruz, Primer Ministro del Gobierno Revolucionario, en el Juicio contra el ex-Comandante Hubert Matos. Ciudad Libertad, Diciembre 14, 1959
    6 points
  16. Guys, let be realistic: Still nearly 60 billion in escrow, so do you really believe that the price with such huge supply will rise up to $5 soon? Yes, XRP is a fantastic coin, but I dont see the huge demand at near terms. Every time Ripple releases its 1 billion from escrow, it will negatively impact the price. 60% of XRP are not alive yet.
    6 points
  17. Please save this message and post it everytime a ‘concerned investor’ pops up with silly topics like these.
    6 points
  18. Those billions have been live for a while and we've known this - it's a long time since Ripple disclosed SEB had moved over 1 billion USD. But it's xCurrent and it does not involve XRP in any way. And those billions could become hundreds of billions and it wouldn't matter for XRP. That's why you don't "see it reflected".
    6 points
  19. Fidel Castro believed a lot of things. Of course he's dead now.
    6 points
  20. We're pleased to announce the 0.11.1 release of Wipple XRP Analytics. In addition to various fixes & optimizations, many new features have been pushed including a listing of all XRP accounts and a visualization of account transactions by hour of day and day of the week! To view the listing of all XRP accounts in alphabetical order, simply navigate to http://wipple.devnull.network/live/accounts . The navigation at the bottom of the page can be used to view more accounts. (searchability and alternate-ordering coming soon!) To view XRP account activity by time, click on the correspo
    5 points
  21. SBI President Kitao will publish cryptocurrency book today in Japan. Title:これから仮想通貨の大躍進が始まる!(The great leap forward of cryptocurrency starts now!) https://www.amazon.co.jp/これから仮想通貨の大躍進が始まる-北尾-吉孝/dp/4797397136/ http://www.sbi-com.jp/kitao_diary/archives/2018110610855.html
    5 points
  22. Tobi

    Hello Everybody

    Hello Everybody. First: I'm not a native speaker. Sorry for my bad english. i purchased my first xrp last year in august, so i'm pretty happy with my investement. Last years bull run was a lot of fun and i hope we can repeat it soon. To be honest: The reason i registered here is because someday i want to be in the zerpening club. i read all the zerpening thrads before it went to a closed club and it was a lot of fun. And i miss the green zombie girl : )
    5 points
  23. Yes the theory has been articulated elsewhere, but I wrote this up to try and clarify it a bit, specifically the question of how the update enables this wasn't being explained clearly and the counter-argument was "The update is just adding tracking" I tried to explain to non-technical folks how this tracking will allow the needed technical bits for a program to determine if it should settle a payment or not. Also, the non-technical folks that haven't been involved in large IT projects weren't fully understanding how the deadline is a factor. And I feel like the theory was getting lost in a cir
    5 points
  24. What bad news are you talking about? You cannot be a Debbie Downer all the time. It's very encouraging that many people neglect the negativity we see way too much in this section and concerns about the short term price level during this bear market are being placed in perspective. Pathetic how some trolls deliberately insist on neglecting positive developments wrt. the fundamentals of XRP and the accomplishments of Ripple. Shows troll strategy at work. Just because the price level is fairly low during a bear market, this does not mean that an investment is rubbish, let alone worthles
    5 points
  25. I like to imagine the theme from Jaws playing in the background while watching this chart. XRP blue ETH Black/grey. https://youtu.be/E-sX2Y0W8l0?t=15
    5 points
  26. This is like AOL saying they’re not partnering with Gmail because they both have email, even though you could check your gmail on the open web through AOL. Interoperabilty is what’s coming. Open internet of value.
    5 points
  27. WIN WIN for Ripple Rumour feeds XRP price, denial by SWIFT gives credence to the impression that Ripple have their tanks parked on SWIFTs lawn. SWIFT are between a rock and a hard stone without an escape route. This is the beginning of a crumble of SWIFT's credibility to have a monopoly in cross border payments.
    5 points
  28. They don't have a choice actually, but Temenos, SAP, ACI and Fides already made their choice.
    5 points
  29. The Riddler has retired and, since the 5th, has been discredited. After EOY when the 589 bear has also been proved wrong, will we see some sensible price talk, or do you think we will just get another nut-job stepping in to replace them? I think the XRP community would get less ridicule if this kind of thing went away. Sorry in advance if this offends you, but it's a genuine question.
    4 points
  30. One thing I will say, the idea that forcing Iran to use RipplNET because they have been sancationed off Swift being a good thing for Ripple/XRP is complete non-sense. The very very last thing all of us should be hoping for is a sanctioned nation to choose Ripple as an alternative. IMO we want no reason for the US Government to see Ripple as a threat to its political goals and raging against the machine or "down with banks, down with Governments" is best left the the BTC crowd.
    4 points
  31. There are absolutely other factors, such as what you stated. Lets say all this theory is true, you still need liquidity providers for the corridors, either in the way of market makers, or crypto exchanges to provide the liquidity. Next you need customers to change their settlement process, that is easy enough because we all believe there is a compelling business case to use XRP Vs. the legacy Nostro/Vostro, but my overall point is, even if this is true, don't expect an instant moonshot at the stroke of midnight, how long will it take? Who knows? But if XRP can actually be exposed to Swift
    4 points
  32. Multi-hop baby! In corridors with appropriate liquidity the tests show consistently the fastest and cheapest route is via XRapid. Multi-hop is an absolute game changer!
    4 points
  33. $50 at least because anything below is FUD trolls who are negative and salty. Am I doing good yet? Can I get my likes now? This is how I become popular right?
    4 points
  34. here is your answer: nobody knows
    4 points
  35. Why can't I celebrate and be positive all the time...are you the thought police? Your response is very sad
    4 points
  36. Or, you could look at the past..... Not more than 10 months ago, demand rose as speculators pushed daily volume up to 8B and the price to almost $4... Since then, the number of exchanges offering XRP has exploded, to about 200 now I believe... This makes such a surge not merely easier than before, but more likely. Add to that the addition of utility and you have even more impetus. So, what you are claiming is impossible within 5 years actually happened in a matter of weeks.... But then, Fidel Castro always did have a problem with being on the right side of history....
    4 points
  37. 4 points
  38. Dont believe the FUD bro. XRP only gets FUD cause it is a threat to basically everything. BTC maximalists fear XRP and so do Banks / Swift. XRP wouldnt get nearly as much FUD if it wasnt a top 20 coin.
    4 points
  39. Cryptoball

    Ripple Riddler

    5th of November the day flip was switched. Bitbank went live on Xrapid. More to come. Slow build then boooooom.
    4 points
  40. THANK YOU FOR THIS RESPONSE!!!!! I believe this was just click bait. We have to stop feeding the beast and giving voice to those who never had a clue to begin with. Obviously, if @Fidel_Castro had anything substantive to add he/she would've provided evidence to support his/her arguments. Ignoring spam posts like this is the best way to deal with this type of individual.
    4 points
  41. This news have surgical time accuracy and only one goal: Stop xrp from swallow ETH and get the #2 marketcap position for good. If you read this FUD article you will notice the abnormal number of times ETH is mentioned. And then there comes the phrase: "A SWIFT spokesperson has told Finance Magnates that these rumors are untrue." Yes, some unidentifiable guy told us rumors are untrue. OK, we know from Ripple they are not partnering with Swift but this whole article it's just FUD.
    4 points
  42. I'm absolutely shocked. I honestly believed the reddit guys that Swift are actually creating a new API that will integrate RippleNet within their system and connect thousands of banks, thus digging their own grave. Damn, I guess 589 can wait for a bit.
    4 points
  43. Swift doesn’t get to choose how a payment is settled, they wouldn’t be partnering with Ripple they wouldn’t have a choice.
    4 points
  44. For everyone's sanity sake, you really do need to do some Googling on the escrow. Otherwise you can't understand over half the reactions you're getting here. For instance, answer this: What is the purpose of the escrow in the first place? If any thought other than 'controlled long term inflation via monetary policy for ensuring liquidity' popped into your head, then you're starting from the wrong place, and it's why you don't understand what is going on. The higher the price of XRP, the less of the escrow that would be sold each month, and the longer it will last giving a longer l
    4 points
  45. That’s quite a knot of logic you’ve tied here. Price can’t rise because escrows being dumped, which aren’t dumped because price does not rise. Has anyone ever won an argument with you?
    4 points
  46. 4 points
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