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  1. 15 points
    Some exciting developments between Japan and Thailand with RippleNet / Interledger. Japan and Thailand are pushing Ripple: https://cryptoking.org/ripplenet-interledger-getting-traction-in-asia/ Most consumers will not know that Ripple is making their life easier. Hopefully in a few years Ripple becomes that household name everyone knows...
  2. 11 points
    On Youtube I saw a source where Karen Gifford, Chief Compliance Officer, talked about the Dodd-Frank Act and how it will be tough for the banks to comply with american disclosure regulation if they won’t use Ripple technology. So I digged deeper and the Dodd-Frank-Act is a document somewhat longer than 1000 pages. But I found the interesting part about disclosure regulation I think Karen Gifford is talking about. I just asked myself if there is a deadIine when every bank has to comply or how the enforcement if the Dodd-Frank-Act is conducted. The document is from 2010. I also tweeted the other sources:
  3. 11 points
    2ndtimearound

    Is everybody aware of:

    This forum has devolved into people who either believe $589 EOY or permabear market forever. I think XRP will be over $1 by EOY - controversial!
  4. 10 points
    “ When there’s no content and substance left, it’s always better to quote a well known writer” -Ripple-Stilstkin
  5. 10 points
  6. 9 points
    PhiGuy

    XRP - $5000 The Economic Machine (IOV)

    Seeing as you don't have time to listen to the presenter, included in this post are the source documents referenced. Now that you don't have to "listen to that babbling for over an hour" please, continue undisturbed with your busy schedule of posting unbelievably intelligent, coherent, and always on point award winning content... Source Documents : G20 Washington Summit 2008 https://en.wikipedia.org/wiki/2008_G20_Washington_summit G20 London Summit 2009 https://en.wikipedia.org/wiki/2009_G20_London_summit Bank of England RTGS 2012 https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2012/the-boes-real-time-gross-settlement-infrastructure Bank of England Ripple POC 2017 https://www.bankofengland.co.uk/-/media/boe/files/fintech/ripple Bank of England CBDC 2018 https://www.bankofengland.co.uk/-/media/boe/files/working-paper/2018/central-bank-digital-currencies-design-principles-and-balance-sheet-implications Canada Central Bank DLT https://www.payments.ca/sites/default/files/jasper_phase_iii_whitepaper_final_0.pdf South African Central Bank DLT https://www.youtube.com/redirect?v=jnLqSytkl4A&redir_token=2KzQLpopmt_fBsUX27DujbloOM18MTU0MTg4NTc3MUAxNTQxNzk5Mzcx&event=video_description&q=https%3A%2F%2Fwww.resbank.co.za%2FLists%2FNews%20and%20Publications%2FAttachments%2F8491%2FSARB_ProjectKhokha%2020180605.pdf UN 2009 https://unctad.org/en/docs/tdr2009_en.pdf FED Faster Payments 2018 https://fedpaymentsimprovement.org/wp-content/uploads/041218-frb-progress-report.pdf IMF DLT 2016 https://www.imf.org/external/pubs/ft/sdn/2016/sdn1603.pdf Central Banks Progress (1) http://oaji.net/articles/2017/1783-1513601983.pdf Central Banks Progress (2) https://www.iima.or.jp/Docs/newsletter/2017/NL2017No_3_e.pdf Obama Document 2014 https://epic.org/privacy/intl/EPIC-Obama-Privacy-Convention.pdf World Economic Forum http://www3.weforum.org/docs/WEF_Shaping_the_Future_of_Financial_and_Monetary_Systems_2P_120916.pdf http://www3.weforum.org/docs/WEF_The_future_of_financial_infrastructure.pdf Presidents Executive Order 2017 https://home.treasury.gov/sites/default/files/2018-07/A-Financial-System-that-Creates-Economic-Opportunities---Nonbank-Financi....pdf W3C 2014 http://www.w3.org/2013/10/payments/papers/webpayments2014_submission_25.pdf Interledger Protocol 1/2/3 https://chicagopaymentssymposium.org/wp-content/uploads/2016/10/101216-visions-interoperability-thomas.pdf http://www.w3.org/2018/Talks/es-ilp-20180430.pdf http://www.w3.org/2017/Talks/ilp-commerce-20171110.pdf Hyperledger DLT https://www.hyperledger.org/wp-content/uploads/2016/08/intellecteu_sibos_demo.pdf Worldline DLT https://worldline.com/content/dam/worldline/documents/publications/expertise/expert-view-blockchain-en.pdf Temenos DLT https://docplayer.net/53487103-Instant-payments-mckinsey-faster-payments-building-a-business-not-just-an-infrastructure-2015.html SAP DLT https://content.dm.ux.sap.com/content/dam/digitalassets1dx/customimages/events/sap-fsi-innovation-summit-2017/presentations/FSI InnoSummit 2017 - BC Use Cases.pdf Moneytap DLT https://icosbull.com/eng/ico/moneytap-token/whitepaper Wells Fargo DLT https://bluenotes.anz.com/media/1002/ANZ_WellsFargo_DLT_Paper_HIRES.pdf BNY DLT http://www.marcusevansdocs.com/Doc/events/22944/Josie Forde.pdf RBS DLT https://investors.rbs.com/~/media/Files/R/RBS-IR/download/slides/technology-ir-webinar-18062015.pdf Devere DLT http://www.philfinancial.com/wp-content/uploads/2018/04/Digital_Asset_Fund_Crypto_Quant_Ref_Code_22980.pdf Deutsche Bank DLT http://www.cib.db.com/docs_new/The_Banker_Cash_Management_Guide_July2018.pdf Everis DLT/Timeline http://cofinaeventos.pt/wp-content/uploads/2017/09/Blockchain-Technology-Adoption-in-Finance-Isaac.pdf http://cofinaeventos.pt/wp-content/uploads/2017/09/Business-Disruption-with-blockchain.pdf
  7. 8 points
  8. 7 points
    I think it is absolutely impossible Amazon and Ripple are not yet working together. Not just for their own retail payments, but also for payment API integration in their AWS cloud platform. Cloud hosted apps that can accept and make payments, to and from users, or to and from other apps, is the next Big Thing. Neither Amazon, Azure or Google wants to miss out on that, there's implementation time, and you want to be ready when your competitors are ready.
  9. 7 points
    slinuxuzer

    China and the gang of four

    Well, it was a nice long wait, but it looks like Chinese Central Bank is going to allow AMEX in, through their joint-venture with LianLian, exciting times. https://www.cnn.com/2018/11/09/business/american-express-china/index.html
  10. 7 points
    TheXRPer

    CCFCU's 2018 Future Forums Recap

    While browsing CCFCU's website, I discovered they posted a recap of their 2018 Future Forums event, which was held October 1 - 4. One of their presentations was titled Realities of Virtual Economy. Once I clicked on the link, it took me to the actual PPT turned into PDF. Realities of Virtual Economy http://www.catalystcorp.org/docs/default-source/FF-18/realities-of-a-virtual-economy.pdf?sfvrsn=0
  11. 6 points
    slinuxuzer

    Swift & Ripple New Angle

    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 you’ve made a payment, but not a settlement, there is a transference of obligations, but two settlements are left to be made, one from the credit card company to the casino and one from you to the credit card company. However, if you gave the same waitress casino chips you have settled this all the way through. So let me make the point, Swift is not and does not want to be in the business of settlement. One good reason for this is that would be in direct competition with most of their 11,000 customers, who do provide settlement services, and Swift has publicly stated they don’t want to do that. Each Swift Message includes instructions for how to settle a payment, with details such as which bank and account (Nostro/Vostro). This begs the question of, why would Ripple even want to partner with Swift? And if they did why would it do anything to drive up XRP price, since XRP is for settlement and Swift clearly is not in the settlement business? Good questions. The answer of course is there is no “partnership”, at least not in the way most people are envisioning, the common fantasy seems to be Swift unilaterally pushing 5 trillion a day in settlements across RippleNET and XRP, but of course Swift doesn’t manage these settlements, see the issue yet? Now on to my theory, in the past few months we’ve seen a few diagrams sourced directly from Ripple Partner websites that show payment flows that include both Swift and Ripple in the same flow. This has always had my curiosity up, because I don’t think someone drew these up for fun and posted them on partner websites, if they had come from Twitter or other dubious sources I could write them off as a hoax. Swift releases code updates yearly and has gradually been phasing in more support for ISO20022, (Swift being the primary contributor to the standards creation, some 75%) and after reviewing their release notes and other roadmap information it is clear that they have set a date in November where all nodes on the network are required to update their software to come into compliance with 2018’s update. This year's update is mainly about adding end-to-end tracking with a UETR tracking field in every transaction that will be mandatory for each hop/processor on the network to maintain as each message flows through said hops in the Swift network, hence the term end-to-end. Once the deadline crosses then payments using the Swift Application Programming Interface (API) will be able to read/use the UETR field. An API is used for program-to-program communication, essentially when disparate programs need to communicate with each other. So after the deadline has been crossed and all nodes on the network and the messages that they initiate or route have the UETR field in them end-to-end AND this information can be accessed by programs using the API (Ripple In this case), then that said program can determine the status of a payment, and if the payment has reached its final destination and been confirmed. Why is this important? Its important because if you want a third-party program to provide settlement services for your payments, then you must provide a way for that program to determine when it is appropriate to initiate a settlement - meaning you don't settle until after you have paid, for good reason (the API and UETR tracking allow a program to query payment status). Payments fail for various reasons, and we can’t be in the business of settling a payment before it is confirmed to be valid and final. Can you imagine the heart ache with trying to roll back a “Settlement” it’s the equivalent of “Hey I put money in your wallet on accident, please send it back”. So to summarize, I believe that after the November Swift Update, the front end processors such as Temenous, ACI, SAP Etc that leverage the Swift network, will now be able to leverage the Swift API to provide “settlement” services possibly with a settlement solution like xRapid. I don’t believe there is any partnership required for this to happen, simply Swift must / is in the process of providing the needed “Third-party extensions” to allow this to happen. Thereby bringing more value overall to using the Swift solution without the need for Swift themselves to provide an actual settlement service. I will take a moment to address another question that was raised continuously in the previous thread. Yes it is true that Swift customers can perform the code upgrade now, ahead of the deadline, and surely many have already done so. When you roll out an IT project it is rarely a good idea to cut everything over at once and at the last moment. You want early adopters and to phase things in ahead of time, that gives the project time to react if there are unexpected issues of any type. So the question then becomes, why wouldn't a settlement service be launched already? Why is the Novemeber deadline important and potentially a catalyst for price movement? It is important to understand one thing about the "deadline" it is in fact a "deadline" where after this set date and time, only then can you assume that 100% of the nodes on the network are either in compliance with the new standard OR have been dropped from the network. IMO, you wouldn't want to launch a new settlement service that relied on the November update until after the deadline, otherwise you'll see many failures in settlements or you'll see many payments you can't provide the new service for, because XYZ bank on the Swift network hasn't yet updated. You as the project team would likely end up in troubleshooting hell chasing down tons of issues only to find out in most cases "Oh this is one more issue we wouldn't even be talking about if we had waited to launch until after the deadline". P.s. There is another Commentator that has been raising this theory, but the thread is full of arguing and people not understanding his theory, I give this guy partial credit for raising the theory, I wrote this mainly to try and help him clarify his points. Keep in mind we are all on the same team and I assume we all want XRP to appreciate.
  12. 5 points
    xrpmommy

    Transfergo and ripple in action

    Starts @ 53.30
  13. 5 points
    slinuxuzer

    China and the gang of four

    Thanks buddy, 2018 hasn’t been the year I wanted price wise, but I have hopes we see a bull run soon. That said, 2018 has exceeded my expectations big time as far as product development and partnerships. Im not selling anytime soon.
  14. 5 points
    Thanks for the post, just a FYI, this is a strategy by SBI that they have covered in their quarterly reports many times this year, Thailand is def one of places they are targeting, I like seeing them move forward on their planned strategy.
  15. 5 points
    I don't think Ripple has to become a house hold name to be extremely successful, SWIFT have been extremely successful over the past 40 years and there wouldn't be many people outside of finance and crytpo etc who even know who they are. This doesn't mean that i don't think that they wont become a household name, i just think, they would have reached their goals long before the majority of the population ever knows who they are.
  16. 4 points
    BeSeriousXRP

    Is everybody aware of:

    Seems like a lot of people still expect a bullrun before eoy. I don't see that happening because: - XRapid is already live. No more news before eoy - Still attached to BTC - Bakkt and ETF won't be active before eoy. - All Swift, Amazon, GooglePay, Temenos, Bearableguy and RippleRiddler rumours where...well Just rumours. - SBI, and other large FI's ... No news to be expected. So WHAT miracle do you think will happen before eoy?
  17. 4 points
    slinuxuzer

    China and the gang of four

    Yesterday a job posting was discovered at AMEX in their FXIP division and in the job description there was some interesting language that indicated "Santander, Ripple and American Express are launching a block chain service in 2018" it went on in typical job posting fashion talking about how its an exciting time to work in this business unit etc. Shortly after it was discovered American Express updated the listing and removed the language. I consider this to be a legitimate leak, posted accidentally by a hiring manager, if you work at a large corporation you know that one of the main and only places employees can change public facing web info is through job postings, this is because hiring managers typically create and publish the postings and there are little internal controls to monitor what they put out there, I think someone just made a mistake and now we know a piece of the puzzle. I then took a look at what is the FXIP business unit, apparently this is American Express' cross-border payments group that primarily services business-to-business payments, the web page for this group states specifically you don't need an American Express card to use the service, makes sense. So the fact that Santander, Ripple and American Express are teaming up is really interesting to me, this is a scenario that not many have speculated or theorized about. Further digging turned up an article from April that I had read and totally forgotten about until I started looking into this and googled AMEX a bit deeper, the article I found from April talks about American Express being the first US based credit card company to be granted authorization to operate in China, even more interestingly it states that they will operate as part of a joint-venture with mobile payment provider LianLian. LianLian and Ripple announced a partnership in Q1 of 2018. So now, we have potentially, what I call the gang of four (Santander, Ripple, LianLian and American Express) teaming up to operate in China. China having banned the trade of crypto currencies, but I see this could potentially lead to not the trade of currencies, but a leveraging of them on the back end to operate this service. Finally, the last thought I had as part of this is, maybe Ripple's strategy here isn't to sell xRapid directly to the masses, but to team up with a known and trusted brand like AMEX, so the sales conversations aren't as strained as "hey use this space age technology, from a very new company" but instead "please use this cheaper, faster service, from a hundred year old brand whose commercials you've seen your entire life" (Note AMEX's current SLA for cross-border payments is 1 -4 days - I'm sure we can expect a substantial reduction once said new service is launched) https://www.americanexpress.com/us/content/foreign-exchange/international-payments/?src=Online&digi=onl_lin_ops https://www.wsj.com/articles/american-express-advances-in-effort-to-access-china-market-1524668149 https://en.wikipedia.org/wiki/American_Express
  18. 4 points
    In a matter of years the phrase "XRP me" will be as common as "Google it".
  19. 4 points
    Domp_Eet

    Clue From NASDAQ ?

    My opinion: IMO BAKKT would be the best time to sell before a major correction happens again once the cryptoverse realizes the benefits aren't instantaneous (Much like XRapid going live and any coin being listed on coinbase). It would be nice if BAKKT gave us a new floor but that's highly unlikely. I expect a lot of profit-taking in the half hours after Bakkt goes live and I will follow suit. Long term BAKKT is definitely a major milestone and important for institutions to get in but ofc we gotta cool our heads and not think this is the ignition sequence to January 2018 2 (Really doubt it; there is no precedence for a crypto bubble of the same size in one year in bitcoin history). I believe in the project and vision of XRP (well DUH, if I didn't I wouldn't invest in it) but it's just plain stupid not to take advantage of the certain pump and correction that any big news entails, then buy back at a lower price Also thank you for not calling me a FUDster and responding sarcastically like the other Gold members.
  20. 4 points
    XRP-JAG

    Is everybody aware of:

    All markets are built on confidence, Crypto or not. So yes, positive sentiment makes demand, and demand makes for price. Similarly if everybody thinks it’s going to crash, a slight market jitter turns into a crash.
  21. 4 points
    hallwaymonitor

    Transfergo and ripple in action

    1:03:08 At this time you can see that the payment happens between TransferGo and Axis Bank and it is powered by Ripple's xCurrent. 1:05:15 Now you can see that the recipient have received the payment in ICICI bank account. The whole payment process in the demo took 7 minutes and 12 seconds. The question is how could they transfer the money so quickly from Axis bank to ICICI bank account? As far as I know ICICI bank does not belong to the RippleNet. According to old article in below ICICI bank belongs to Stellar blockchain network. Strangely enough the article mentions that Coins.ph and Flutterwave are also Stellar partners. We know that Coins.ph is xRapid preferred crypto exchange and Flutterwave is customer of Ripple. Maybe ICICI bank have implemented also xCurrent behind the scenes? https://www.ccn.com/stellar-partners-icici-bank-enables-blockchain-money-transfers-india-africa-philippines/
  22. 4 points
    Benchmark

    Is everybody aware of:

    I average it out, (589+current price) / 2 = $294,75.
  23. 4 points
  24. 4 points
    Another great find @Tehol_Beddict and nicely done by AMEX and Lian Lian. Unlike those numerous JVs where Western companies use a Chinese partner to back-door into the Chinese market, this one has a nice symmetry to it. The Lian Lian/Ripple connection is the one I've been watching all along so the JV's approval by the Chinese authorities cannot be underestimated. I mentioned earlier this year that I thought Lian Lian would be a test case for the PBoC and this recent announcement suggests that Lian Lian are slowly being accepted into the fold. The PBoC will continue to monitor this, particularly around capital flows. This has been marketed as an announcement for AMEX. But in their typical understated style, this announcement is actually a really big deal for Lian Lian and we'd be wise to watch their moves closely. More broadly, it's this type of partnership that bodes very well for Ripple in the long term - their client base is looking for synergies in this emerging market while Ripple acts as "matchmaker" and provides the rails. We saw plenty of that at SWELL this year in the preparations for the xRapid roll-out. Loving it!
  25. 4 points
    https://thenextweb.com/hardfork/2018/11/06/cryptocurrency-exchange-insurance/
  26. 4 points
    BiffTannen

    Clue From NASDAQ ?

    While I agree with you that $589 EOY probably isn't going to happen, and at this point I'd be surprised if we were over $1 EOY, don't you get tired of constantly bashing the 589ers? It isn't the fact that you don't think $589 EOY will happen that people label you as a fudster. It's how you present yourself and the fact that pretty much every single post of yours is talking about how certain prices are not possible. I regularly say that at this point I'd be surprised if we were over $1 EOY and nobody calls me a fudster. Because it isn't the only thing I do and I'm not in a constant state of negativity. It's like you're subtly fishing for a reaction from the forum, and then when you get it you play like that wasn't your intent.
  27. 4 points
    P3T3RIS

    Transfergo and ripple in action

    I’m not 100% sure about their licenses, but I believe TransferWise has Estonian license for e-money Institute and TransferGo has license in Lithuania. Difference then is in this, Lithuanian E-money Institute has direct access to SEPA payments using Centrolink system under Lithuanian Central Bank whereas Estonia do not grant that option. TransferWise under their laws is forced to use other banks, TransferGo is a ”bank”.
  28. 4 points
    I’ve posted my time saving headlines in a couple of non public areas, so apologies if you’ve seen this before... Headlines... - Nothing new or leaked in the video - Loads of articles we already seen within various groups etc - Central Banks, Banks & W3C are all looking to adopt ILP which will be the agreed standard. - Don't worry about Ripple. It's all about the ILP. Will be other players, systems etc, but they will all LINKvia the ILP. The agreed standard. - XRP is the asset of choice for ILP.  And, that's it people Saved you 1hr20mins! ?
  29. 3 points
    https://dailyhodl.com/2018/11/09/breakthrough-xrp-fiat-to-crypto-platform-launches-beta-works-without-a-crypto-exchange/ Well props to wieste again.
  30. 3 points
    liquid153

    Clue From NASDAQ ?

    Posted a year ago. https://m.nasdaq.com/article/this-020-cryptocurrency-is-set-to-soar-by-december-2018-cm853317
  31. 3 points
    That's true. The other day I just found someone posting about SWIFT in the /r/swift subreddit. However, they didn't realize swift is actually an apple iOS programming language as well. The difference with Ripple becoming mainstream is that money can actually be made by your average investor with XRP. This fact alone should help spread the company name through word of mouth and media coverage about cryptocurrencies. Media coverage is so different nowadays compared to when SWIFT was started because of the internet.
  32. 3 points
    Technically you are describing a "Liquidity Crisis", not "insolvency". There is a subtle yet significant difference. - Being in "Insolvency" = a Balance Sheet with a negative equity value. - Being in a "liquidity crisis" = the Cashflow statement is running negative for the period of time. --- I too am concerned about the US govt falling victim to the negative side of the double edge sword that is the "Triffin Dilemma". We have a large and rapidly growing national debt, and floating that debt in a rising interest rate environment will be increasingly ruff. I do believe that XRP will become a significant piece of the international settlements puzzle, and that (one way or another) the USD will be retired as the dominant global reserve currency. This means the US will be left without the positive side of the double edge sword that is the Triffin Dilemma That said, governments have many options that regular humans/corps dont have.... and I have almost no idea how this will unfold over the '20s & '30s? I was just looking at how the US govt funded the Civil war via expansive monetary efforts, and how holding the base money supply at a fixed amount, lead to repeated financial crises between the 1870s and when the Fed was established. You have to realize that goverment income is derived from the amount of economic activity that unfolds with in the domestic economy. Unless the economic activity stops... there are all kinds of things a govt can do.
  33. 3 points
    Benchmark

    Is everybody aware of:

    "Blubbers contribution to the world is a very boring type of depression" -Benchmark
  34. 3 points
    There were moments of doubt any of the SBI quarterly PDFs turn into reality. Good to see the strategy is kicking in. RippleNet is spreading, we might approach the tipping point of the network effect.
  35. 3 points
    That’s not what he said. He was simply stating that markets are sentiment driven. So aren’t they? Are you stating crypto is driven by fundementals? What are you stating anyway? Your post is just a reflex on what you thought to be a over-optimistic post and your fixation on “ moon-boys” did the rest and made you post this nonsense. yikes
  36. 3 points
    The thing is why is any price particularly unreasonable. It's "too much" or "too little" are subjective, and frankly pointless comments which are the comfort blanket of those who either believe, or do not. The only way the price will be dictated long term is maths and economics. Look at the facts, major major banks, central banks, consortiums and the like are all getting on the Digital Asset revolution, and the goal is for all these platforms to talk. That is going to be via ILP. Nobody is even talking about any other protocol to interact between ledgers, it's going to ILP, it's done. What works best on ILP, well it's XRP. Can you name anything that works better over ILP? Global transfers are >$5 Trillion per day by SWIFT alone. We know ILP is happening, and market says if XRP is best asset to run on ILP.... XRP will eventually become the default. How many XRP are there to facilitate this... 100 Billion? No. It started at 100 Billion. Less... 60% in Escrow. Billions held by Ripple founders. 20XRP per wallet. Hodl'ers. Speculative institutional holders. Companies that may hold for convenience. Lost wallets. And finally drops burnt. Even in a perfectly liquid market, the sum total XRP to handle the transfers is going to be a fraction of the total supply.
  37. 3 points
    A bullrun out of nothing. That would be a true miracle. As most people now believe a bullrun won’t happen just because too many expect a bullrun to happen based on historic patterns, the contrary will happen, namely a bullrun. Ohhh how I love the unpredictability of crypto! One thing is for sure: the turkey won’t survive Christmas, but crypto will. ( will it?)
  38. 3 points
    May 2018. Amazon as a partner, even if in the earliest stages, should come as no surprise to anyone. The company is nearly a country in respect to its treasury operations. Perfect for Ripple. Give it time.
  39. 3 points
    Here is my latest article in@ModernConsensus. I discuss the environmental impact of PoW, specifically the bitcoin network, and the XRPL and what the XRP Community is trying to accomplish. Please share across your social media platforms! I look forward to your comments below. https://modernconsensus.com/cryptocurrencies/bitcoin/the-staggering-environmental-cost-of-blockchain/
  40. 3 points
    Tinyaccount

    Clue From NASDAQ ?

    I'll admit to being annoyed occasionally at your posts... I think your username and avatar contribute to that. But having a wider array of views than just 'straight on to glory' is a good thing, so I appreciate you sharing your views. I hope that we never get too overbearing with responses and veer into abuse. You seem like a smart cookie to me, so it would be stupid of me not to listen to what you have to say. I think Brad was confident that at least one Bank was going to openly use XRP this year, so if that happens then the $1 price will be well and truly in the rear view. Having said that, plans change and also maybe he meant Catalyst the corporate credit union. I don't think so, but who knows. I think it will be Santander. Catalyst itself could be a big user too, but that might take a while. Baakt is good for the whole market so it will affect XRP but I have seen the market head up and leave XRP trailing, so I'm not pinning big hopes on that. Long term excellent but not short term I think. I'm pretty sure you an I agree on most things.... It's just our degree of short term optimism differs I think.
  41. 3 points
    (Ripple partner) American Express and (Ripple partner) LianLian form joint venture after AMEX approved to enter China/clearing and settlement licence
  42. 3 points
    Regarding price, target is genuinely the moon. Why is that... Stage 1: All major players in the market connect their own systems (which currently stand alone) to the agreed protocol system so they FINALLY can all communicate between each other. This is not a dream, that’s already happened/happening. ILP is the free agreed format for communication. Just like HTTP, FTP, IP which set the way the Internet actually works. Stage 2: Once everybody uses ILP (remember, that’s a given), any asset can be recorded on it. Be that dollars, bitcoin or XRP. The obvious choice becomes XRP as it’s the fastest and settles in real time. Stage 3: A possible use of XRP for nearly all transfers of money. Suddenly 100B is not a lot of coins.
  43. 3 points
    I just want $10. $10. That’s all. Is that too much to ask, gods of crypto?
  44. 2 points
    SWIFT GPI has started partnership and testing with multinational corporations as well as banks. https://www.swift.com/news-events/press-releases/corporates-pilot-to-start-testing-new-multi-bank-payments-tracking-on-swift-gpi https://www.pymnts.com/news/payment-methods/2018/louis-vuitton-cross-border-swift-fis/ Ripple does not start partnership and testing with multinational companies?
  45. 2 points
    XRPJoe

    Clue From NASDAQ ?

    XRP will be $10 in the short term future, in the meantime I am increasing my holdings big time! Probably not December but sometime I can deal with. Its better than keeping money in the bank or in a safe.
  46. 2 points
    Ummm not getting your point here as this is what SWIFT GPI does and XCurrent already... Maybe I am missing something here but always open to be enlightened. This speaks more to accountability than faster payments and lower fee's
  47. 2 points
    2ndtimearound

    Is everybody aware of:

    For sure. That's why this forum preplexes me. People create negative posts or crazy-high-price posts. I don't understand the negative commenters (who incessantly post negatively about XRP) - they can't be holding XRP - why would you hold an asset you were constantly negative about? The high-price predictors - I wonder if they will still be holding this time next year if XRP is "only" $1 or $1.50? I'll still be holding so long as the fundamentals keep ticking along as they are. I think XRP is a great hold over the next multiple years. In a way, it will be good to get the EOY out of the way so people can stop talking about it.
  48. 2 points
    For those who were not around, that slide is from a September 2017 webinar. At the time, I had only been invested in XRP for a little over a month. The webinar really gave me a clear vision of what Ripple and their partners were trying to accomplish. In hindsight, I probably got a little carried away with the title of my post.
  49. 2 points
    Another perspective is the energy required to produce $1 worth of Bitcoin is equal to the energy required to produce $3.50 worth of gold, and gold mining is one of the most destructive operations per joule in the world
  50. 2 points
    slinuxuzer

    Swift & Ripple New Angle

    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.
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