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Showing content with the highest reputation on 11/17/2018 in all areas

  1. 27 points
    Tinyaccount

    Galgitron’s blog: Hopium

    I feel bad that @galgitron gave a sad response to my earlier comment. But I know he is a big boy, and has a ton of chutzpah, so he won't really be hurt by my opinions. But I've had to defend my views a bit lately, so I think I will use this opportunity in response to his blog, to lay out how I see things... There seems to have developed a rift in the community (if there even IS such a thing as the XRP community) between 'the realists' and the '589 plus crowd'. Orthogonal to that divide is the 'tin foil hat' brigade but I will be talking here about the two former groups more than the later who have members in both camps (although might weigh more heavily into the five eight niners). There are people who think that an entity might buy out the XRP order book on an exchange and push price suddenly upwards that way. I don't believe that myself because the order book is dynamic and has multiple actors involved, who will act against such a thing. There are some who believe that a new world order might come about by decree, or fait accompli, involving Central Banks and the IMF. Ripple might pass ownership of the bulk of their holding to the IMF to jumpstart the system. The result would be XRPTheStandard. All of that is waaay above my pay grade. There are many followers of the Bearable Guy who predicted $589+ by EOY. My belief on him is that he really is an insider of some sort (perhaps from a tangential entity like the subcontracting firm implementing roll outs or some such). I think he came across the expansion plans and had access to the academic paper valuation of XRP pre publication, and plugged in reasonable estimates (as any of us can now do on that website) and came up with that valuation. I certainly believe it is possible to achieve that price in spite of all the naysayers talking of Market Cap or Ripple net worth or individual billionaires. Then there are those that think all of these possibilities are already factored in to a fifty cent price and that the best that can happen is a small but steady rise from utility lifting us over several years to up near our previous all time high of about four dollars. Others feel that numbers mentioned by David may come to pass... for instance $20 or even $50 or a $100. People seem to self sort themselves into these various prediction groups and probably all think of themselves as realists even though I am calling the single digit folk by the group name 'the realists' and the rest somewhere in the $589 spectrum stating in the low double disgust and ranging into the triple digits. (This does NOT mean I think they are realists... it's what they refer to themselves) So why do I mention all this landscape? Because I've noticed a growing trend among the realists to savagely attack the 589'ers at every opportunity as though they are Zealots doing Gods work purging the evil Hopium pushers. They are trying to rescue the gentle reader from the clutches of the Hopium so the reader doesn't deep dive into financial ruin based on Hopium with a cruel hard landing waiting. I think that is misguided at best. For a start, those that think XRP will be $5K each don't tend to invest much and so can't get hurt much. Personally I don't know what the future brings, but I'm fairly sure that any of these possibilities could come true. I can give reasoned arguments for them, so in my mind they are not fantasy but are really a part of the possibility space. So I deplore the actions of those who feel a certainty in their breast that X or Y just CANT happen, and that they will spare no disparaging term in their put down of the foolish optimist. I'm sorry Galgitron, but as much as I respect your analysis, and wonderful way with words, I can't respect put downs of folk who, in my opinion hold a view that is perhaps not as likely, but IS as possible, as yours. Is there any chance that we could treat each other with respect, and understand that others may hold different opinions that are just as valid as our own? So that's why I think this current blog is over the top... I disagree with the basic premise that Hopium is an evil. I grew up in a milieu of people hoping their horse would win, or their ship would come in, or that they would win the lottery and I know of some for whom it did. I think it's possible XRP is our ship, and that it will come in big time. It's what I am Hopium for. Is that so far from your "there is a massive locomotive coming and it's going to blow on past the kiddies on bicycles"? (paraphrasing )
  2. 18 points
    The world's 1st #Crypto ETF starts trading next week on Europe's 4th largest exchange with a $1.6 trillion market cap. Interesting to note that 48% of the fund is $BTC & 30% is $XRP. https://www.trustnodes.com/2018/11/17/switzerland-green-lights-worlds-first-crypto-etf-to-be-listed-next-week
  3. 16 points
    P3T3RIS

    Galgitron’s blog: Hopium

    I have personally built organisations, I have seen them grow from zero up. I have succeeded and sold many, many have failed! All organisation face similar problems and challenges at similar points in their evolution and growth. First members always feel that they are the real members with more rights, because they have been there from beginning. Organisations wont succeed in that way. If they let this attitude grow and keep this authoritarian, ”let’s stick to old” attitude at place, which by the way is very much dominant behaviour for example for engineers and others who try to control their surroundings by having everything in exact same place, just like it has always been. Well, people eventually abandon these ”leaders” Organisations only succeed when there is room for personalities to grow in a safe and respectful environment where rules apply, and that is leaders responsibility in any community or organisation. Rules that facilitate freedom of speech and mutual respect. I was so amazed when I saw people flipping over our exchange’s second video ”rP0w3rP01nT” because we used 589 in it... seriously... we found it funny because it is our community that has OWNED that. No other community in crypto is nowhere near having anything as good as this is. ”BTC 100k” or something just does not have the inside joke in it. 589 has it . People were saying that they will never use an exchange that made such a thing... Well I can tell them that if they are against our community members, I DON’T WANT THEM AS MY CUSTOMERS! This community has room for all of us, and it is not about any one member’s job to decide who is us and who is not, as long as these members don’t act rude, racist, abusive or overly aggressive to others. I hope this ”I am better Zerper than you” - talk should end here, thank you!
  4. 10 points
    Lamberth

    Galgitron’s blog: Hopium

    http://galgitron.net/Post/Hopium @galgitron
  5. 10 points
    https://www.imf.org/~/media/Files/Publications/SDN/2018/SDN1808.ashx https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2018/11/13/Casting-Light-on-Central-Bank-Digital-Currencies-46233 I'm not done reading this yet, skimmed through, and lots of reasonable perspectives. As usual the last few pages in the appendix are good. I made this video the other day about CBDC and domestic settlement.. in a world with Commercial Bank Deposits & CBDC. A short bit at the end shows how XRPLedger could connect these domestic economies, offering settlement in both Commercial Bank deposits (I think this will happen first, like with Multi-Hop, and be acceptable to SMEs) and eventually offer final settlement in CBDC/Cash (because nobody cares to analyze the solvency of the Bank of Ambovombe's deposits, but Ariary backed by the CB is ok if I'm willing to accept the currency) The key idea there is that "Final Settlement" on a cross boarder transaction cannot be accomplished (my opinion) if denominated in Commercial Bank Deposits, therefore CBDC is required, because Paper Cash is constrained by geography and not compliant with the RTGS goals of each central bank. The video is mostly based on this paper https://www.bankofengland.co.uk/-/media/boe/files/working-paper/2018/central-bank-digital-currencies-design-principles-and-balance-sheet-implications.pdf Edit: The very last point...
  6. 9 points
    opaopa

    XRParrot is live

    I just made my first transaction which unfortunately will not leave my bank until monday. Very easy to use and i would recommend everyone to test it out (5€ minumum, so what u got to lose?) https://www.xrparrot.com/ update: My transaction completed at 09:25 am UTC Monday. Of my 100€, 1€ became a fee too xrparrot and 99€ bought xrp resulting in 237,57 xrp added to my balance (0.417 €/xrp)
  7. 9 points
    Tyrell

    Galgitron’s blog: Hopium

    Excellent post. I would only add that I think for most folks $589 is not really serious except possibly in your broadly expanded definition. It was always, at least for me, a playful idea (a cartoon bear, for goodness' sake) and most of the people participating carried with them that sense of play. Some took it completely seriously, but that's their decision. Early in the year I felt like $10-15 was a viable target. I still feel that way. Last year I predicted $ 0.35 -- and was I ever wrong about that. It could be less than $10 or higher, but whatever it will be, it will be. I participated in the BG123 club and I kept my mouth shut about any number of things that I found 'out there' -- many of which you outline. To your main point, to repeat -- RESPECT.
  8. 8 points
    automatic

    Heads up

    While xrp/usd chart looks somewhat boring at the moment, xrp/btc is eyeing a breakout of the level set in late September. If we crack 9000-9500 sats there is a good chance we will see some serious fireworks.
  9. 8 points
    automatic

    Heads up

    In simplest terms, breaking above this level starts a btc->xrp driven bull run. Reason for this resides with technicals; traders who bought low will be looking to exit at major resistance (present level); this could cause price hang time, all the while buying pressure builds up. If and when sellers are exhausted, buying pressure will send the price sharply upwards. Additionally, all traders shorting xrp will have their stops set around this point (meaning that a break would force them to re-buy to cover), and finally all traders sitting on the sidelines would consider this break to signal trend continuation and they would also buy back in as a result. All of these combined would send the price sharply upwards.
  10. 7 points
    https://ambcrypto.com/xrp-ledger-developer-and-coil-cto-reveals-why-he-left-ripple/ “I think they’re [Ripple] very focused on use cases around the digital asset XRP as well as enterprise use cases. So making payments more efficient for banks, payment service providers, their customers, corporates and so on.” And so if you think about Ledger, we talked earlier what are the things that Inter Ledger is best at. If you think of it as a thing that enables like a new class of use cases – kind of how the Internet enabled a new class of communication use cases – it’s unlikely that large corporations are going to necessarily be the very first to adopt that.
  11. 7 points
    Tinyaccount

    Large sum money transfers

    It is possible that the water level rises when the big bank hops into the bath. I see some things that might apply here.... The very fact of increasing volume might encourage a higher valuation from traders (which might be institutional and therefore make current whales look small) increasing the price in an organic way. Another thing is that the software can no doubt be automatically throttled in a number of ways. Just like a governor on an engine... as load increases the throttle opens and the engine can do more work but not beyond a certain rev limit. So a huge bank can have a tiny percentage going via XRP but still needing Nostro account at corridor end in the initial stages. Gradually they can bring down the balance of the Nostro as liquidity increases. Remember too that they no longer need some huge third party bank to counterparty for them because the corridor ends will have Ripplenet members. So the governance rules of Ripplenet will make temporary Nostro a much lighter weight undertaking than a Correspondence relationship would have been in the past pre Ripplenet. So a mix can be achieved easily until enough liquidity exists. And this ^. I had forgotten to mention that and it is a big big part of the liquidity solution. Nice timing just before I posted. EDIT:. Oh yeah... I'm absolutely confident that Ripple have given this much thought and are all over the problem with solutions as required.
  12. 7 points
  13. 7 points
    Xrpfiesta

    Galgitron’s blog: Hopium

    I agree with tinyaccount. For me, the level of hostility on this forum has become unpleasant and unpalatable. There was a time when I visited xrpchat everyday for new information and thoughtful conversation. Lately, however, it has become overtaken by angsty browbeaten investors with little insight or meaningful contribution. Infact, it has become outwardly hostile to the very spirit of speculation this community was built on. The vitriol i've witnessed towards people like SamIAm on youtube is saddening. The amount of time and research these people invest to create FREE content for their community is greeted with disrespect, and often anger. It makes me ashamed to even say I enjoyed the community that existed here.
  14. 6 points
    Summary The XRPSCAN Project is now available for beta testing. XRPSCAN is an explorer for the Ripple ledger that aims to provide you with an easy to use account and transaction explorer. URL: https://xrpscan.com If you've transacted in other leading cryptocurrencies like Bitcoin, you may have undoubtedly used their Blockchain explorers to look up the status of your transactions and check your account balance. You may also have felt the need for a Ledger explorer for Ripple that provides similar levels of ease of use and granularity of information. The XRPSCAN project aims to bridge that gap and provide you with a clean and simple way to look up your accounts and transactions. While on the homepage, you can track the ledger close events in real time and watch the diminishing XRP supply. Ledgers The ledger page tells you about all the transactions that were included in the given ledger. We support all transaction types that are supported by the XRP Ledger. Accounts Accounts page tells you at a glance about the current state and balance available. It also contains detailed information about Payments made, Currency balances, Orders, Trustlines, Account settings, Activated accounts and the Transactions this account was involved in. XRP is treated like every other currency issued by the counterparties and is displayed seamlessly without treating it as a special snowflake. Validators The validator registry lists all validator nodes and displays their verified domain names, UNL status, ledger chain and agreement rates. Search Ledger objects like Accounts, Ledgers, Transaction hashes and Validators are searchable from the search box at the top. The objects are directly addressable from the URL too, so you may simply use the address bar to look up: Ledger - https://xrpscan.com/ledger/[ledger-number] Account - https://xrpscan.com/account/[account] Transaction - https://xrpscan.com/tx/[tx-hash] Validator - https://xrpscan.com/validator/[node-public-key] Closing notes We hope you find this project useful and use it in your daily interaction with XRP. There are several items that we're working on to make XRPSCAN more useful and accessible for you. We'll continuously roll out these changes as and when they are complete. We run a verified Ripple validator, are committed to the success of XRP and absolutely ❤ the #xrpcommunity. We hope you give us a try and spread the word. Feedback XRPSCAN is in beta testing. Should you find a bug, please report it here: https://github.com/xrpscan/xrpscan.com/issues Follow us: We're active on Twitter, give us a follow: @xrpscan
  15. 6 points
    Tinyaccount

    Large sum money transfers

    Yes agreed. When I first was looking into XRP I was delighted to find so many smart people on here whose generous information sharing made the decision to purchase XRP by this newbie investor very easy. I have benefited from their smarts and their work, and so I'm happy to be able to parrot some of their thoughts in the hope that it helps others. I really do think Ripple will solve the liquidity issue for banks and in doing so will solve mine....
  16. 6 points
    Blog URL: https://xrpcommunity.blog/let-critical-thinking-be-your-guide/ In my latest blog I review all the latest news - and I describe why critical thinking is guiding crypto investors to XRP. 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Brad Garlinghouse gives a sterling interview on hot-button topics at the Singapore Fintech Festival; CIMB Group announces their membership in RippleNet; SendFriend gets specific with regards to their xRapid implementation schedule; Evan Schwartz explains how Ripple views Layer Two; and Version 4.0 of xCurrent includes a surprise you'll want to see. 𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Stefan Thomas and Ben Sharafian sit down for an interview with Epicenter, and it is a big one. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: WietseWind reveals that XRP Ledger History is now available to the general public via Google Big Query; KingBlue makes phenomenal progress on the Uphold Referral contest; and an XRP fan publishes an "epic movie trailer" style of video about XRP. And WietseWind announces Paper Gift Accounts for the XRP Tip Bot, just in time for the holiday season! I hope you enjoy the read & thank you for the feedback! Feel free to share my blog on any 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 Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  17. 6 points
    Ripple-Stiltskin

    Galgitron’s blog: Hopium

    Just read the blog. Ah man, terrible read. He started as crypto blogger with some usefull info and very funny quotes and has now turned into a self proclaimed human brain- and behaviour specialist, and his writing is full of generalisations and polarisations. Semi populair scientific BS.
  18. 5 points
    Babelly

    Large sum money transfers

    Agreed. "a wise man once told me the key to success is to surround yourself with people smarter than you" Ripple certainly checks this box for me. Most members of XRPchat as well.
  19. 5 points
    Xrpforme

    Large sum money transfers

    Great dialogue! Thanks. The governor on the engine analogy makes sense. I hadn’t thought of it that way. Interestingly enough, I just read in the last hour about strange escrow activity yesterday. $200M put in escrow in 40 $5M increments. Seems like something big may be happening related to the liquidity issue. I guess I’ll wait and see rather than overly speculate!
  20. 5 points
    Ripple-Stiltskin

    XRParrot is live

    No, not at your gym-membership card. Look at your bankcard.
  21. 5 points
    Tinyaccount

    Large sum money transfers

    I believe yes it can, and will, scale. As more volume of small value transfers happen that is increasing the revenue for exchanges... they will be growing. That will enable more options like lower fees or OTC in support of even more growth. Over time there will be more supply released and a higher price per XRP. That adds to liquidity. Higher daily volumes will enable bite sized chunks to flow rapidly. Essentially a bigger payment can be done just taking a longer time for the chunks to go through. That will mean that the increasing volume gives more liquidity enabling higher value transfers. It is a virtuous feedback. This will be an on ramp... as time goes by the value able to be transferred in a short time frame will be increasing which encourages more growth which enables higher transfers... Perhaps in the interim the exchanges will offer OTC transfers as a manual and slower version of XRapid. This is not one of my concerns.... if it is working and growing, then all transfers will be possible in time.
  22. 5 points
    Julian_Williams

    XRP Surpasses ETH on CMC

    XRP is now a billion in front of ETH and is looking secure in its No 2 position. I imagine a gap that visibly widens will become a magnate for investors wanting to protect their crypto assets in a bear market. If XRP goes up when ETH is going down that would attract even more investment out of the other crypto (any crypto that cannot demonstrate real world utility must be destined for extinction, and that is most crypto)
  23. 5 points
    P3T3RIS

    Let Critical Thinking be Your Guide

    Thanks once more @Hodor I just love using Layer-1 and Layer-2 from now on to separate on-ledger XRP transactions from off-ledger, because this topic really confuses people still and this is one sidetopic of a long talk we had with Galgitron and XRPTrump on Twitter about xRapid order type, when asked why Mexican exchange would want to buy Indian rupees. All banks will be exchanges, all exchanges will not be banks. Layer 1 on-ledger transaction moves XRP from one place to another, where Layer 2 does not. When a multinational, multicurrency bank adopts xRapid, they operate in many currencies and definitely continue to do so. They need only one big pool of liquidity in XRP to cover all those currencies’ exchangeability inside their own banking network simultaneously in every country. All value changing transactions can then be done Layer-2 (off-ledger). That bank operates as an exchange for all it’s branches. Faster and cheaper than using Layer-1 (on-ledger) because a trading software can handle hundreds of thousands of transactions in second, which scales Ripple’s solution to whole new level. Transactions do not happen on-ledger and do not compete getting verified by trusted nodes on global scale, when they do not need to step out of banks own software. XRP is then used only as liquidity in-between, it does not move, it’s value only changes form because it is only used as base currency to give both sent and received currency value at that very same moment. Value moves and settles in an instant, and in bank’s books all value can be accounted and audited at any moment because all value is instantly where it is needed. Whenever bank needs to make a value changing Inter-bank transaction, that transaction moves to Layer-1 where XRP travels to receiving banks network. Somebody might then say that XRP is then needed less and it’s value wont go up... NO! This is what makes it’s value skyrocket! Remember, there is only 15 XRP for each of us humans, and that is not much at all. Value is all about trust, and when all banks have adopted XRP, what other asset can be considered as safe, secure, reliable and consistent in holding your savings than the asset that is globally adopted and constantly used in real life, and is easily transferable to any other currency, asset or commodity at any time and all the time, at any place on earth... in 4 seconds!
  24. 5 points
    Hodlezerper

    Could XRP fork?

    It already has. It's called Stellar.
  25. 5 points
    Tinyaccount

    Galgitron’s blog: Hopium

    I've enjoyed Galgitrons blogs but he seems a bit off the rails and over the top with this latest one. Why does a bit of fame seem to go to these folks heads? Let's all have differing opinions without feeling the need to jump on differing ones... sigh.
  26. 4 points
    I do not understand the ramifications. Looks like this is worthy of discussion? https://ambcrypto.com/xrp-ledger-transaction-volume-surpasses-total-trading-volume-are-the-gears-of-ripples-xrapids-liquidity-pool-moving/
  27. 4 points
    Tinyaccount

    Large sum money transfers

    Thankyou also. Yes the recent Escrow is interesting. Its fun to speculate, but the one thing I'm sure of and don't need to speculate on.... Ripple have had really smart people thinking about this all day, every day, for years. They have solutions and have continuously shown their high level of competence. Liquidity is not something I'm concerned with because they have the resources to ameliorate any issues.
  28. 4 points
    Babelly

    Large sum money transfers

    I believe Ripple has been incentivizing Liquidity Providers and Market Makers with discounted XRP. To what extent? I don't know. But i agree large size money transfers are not possible under current conditions. Im confident however Ripple realizes this and has planned accordingly.
  29. 4 points
    Zerp_Legend

    XRParrot is live

    Zenkert is from Sweden and apparently Sweden lies in Africa
  30. 4 points
    If the customers who use xCurrent simply get an option with different prices and times for settlement without knowing what is going on on the network side of things, they will probably choose the quickest an cheapest right? The paper on xCurrent 4.0 states that it utilizes xRapid seamlessly for sourcing liquidity. The exchanges are also nodes.
  31. 4 points
    DutchPanda

    XRParrot is live

    I don't get your point Bull: the IBAN number is on every bankcard in the Netherlands. It's your bank-account number with the corresponding bank in front of it. example: If you use Rabobank it's like: NL64 RABO 0123456789. It won''t get much easier... By the way: we defeated Worldchampion France with 2-1 last night on soccer (Nations League)
  32. 4 points
    xrpmeplease

    Large sum money transfers

    small banks and small transactions, growing over time as the exchange infrastructure grows and matures...hoping for an artificial "revalue" is going to lead to disappointment, i think growth will be strategically organic...and enough small banks and small transactions can snowball given enough time...crawl walk run
  33. 4 points
    enrique11

    Could XRP fork?

    Stellar is a fork of ripple network (XRP) in a manner of speaking, but it's called a source code fork. You fork the source code, or in other terms you take the underlying code for xrp network and go off in a different and independent direction with the software development for a new network (Stellar), and so the two ledgers don't share transactions in common up to the point of forking, like a hard fork. They are two separate and independent networks that do not have any duplicate/overlapping transactions at any point in their histories, but at some point in their histories, they did share the same underlying code.
  34. 4 points
    Sorry man I've been busy all day. I found out that the high payment volumes were mostly consisted of wallet movements. During that span there was a wallet transfer of 760,000,000 xrp which at the price of xrp would have been about 357,200,000$ which was more than half of the 600,000,000$+ that we saw on the ledger and a bunch of other multi million dollar transactions and from the looks of if you take out all the wallet movements within that 24 hour span you are between 100,000,000 to 150,000,000 million dollars running thru which would most likely be your xrapid volume. Which is funny cause if you look at the payment volume now it is 119,335,086.91$ which is right in between what I mentioned earlier. So it seems xrapid volume is around the 100,000,000 dollar area. We will have to see if it ramps up or drops off more but im pretty sure it should not go much lower than where we are now. Thanks
  35. 4 points
    Asen4XRP

    SEC Statement on Crypto - 11.16.18

    I see it this way, especially the last paragraph: It basically says, hey banks/FIs, wanna use cryptos but have doubts, then come to us. And guess what xRapid already has US customers, pretty sure they contacted SEC and got the green signal, or else SEC would have put an end it it by now.
  36. 3 points
    More than 2 years ago (link) I gave my thoughts on what could happened to XRP price... I'm not a guru...don't have a crystal ball...just don't know much about anything..but...I trade 24/7 and when you can loose everything in a few seconds you have to look at the big picture to "try" to see what's coming so you do go bankrupt during that few hours of sleep I've allowed myself...so In the near future...I'd say a year...XRP Market Cap should be on top...why Going down the top 10...and a little more... BTC. BTC has found some equilibrium in price...many speculate it's because below 6k USD it's not worth it for miners...but mining "is" the problem. Cost in $ and for the environment makes BTC unsustainable...the sooner everyone moves to something else the better...But that will bring blood on the market...BTC crash will bring down all the cryptos as it's been for the past years...Remember I'm talking market cap here not price...As for the eternal and continuous forks...it's just a running gag scam among serious investors and adds not value anymore to the coin. ETH. On just TA...it's easy to see that ETH is barely hanging on its last resistance level...and who can give me a good use for ETH anyway beside pumping ICOs? Since ICOs are not the flavour of the month anymore who needs ETH? As for smart contract...there's always someone smarter somewhere that will create something even smarter...not that I understand anything about it...but neither 99.9% of the population. On the good side all those institution that bet on ETH have the infrastructure now to work on something else...their crypto dept. is ready to accommodate something else...why not XRP? BCH. At the time I'm writing this BCH is about to fork...a real billionaire ideology war lol...anyone here can relate lol...Probably the last of the big scam fork BCH will probably show that doubling your coin out of thin air is a thing of the past...not saying others won't try again just saying if this fails badly it will create a milestone where nobody will take any fork seriously anymore...as for the use of BCH...pass! STR/XLM...The one I love to hate...probably what we could consider the only fork attempt of XRP when Jed left...excuse me...was asked to leave! Jed's zillions $ can keep this one going pumping for years...if I could read his mind I'm sure I'd see his biggest dream is to take over XRP's market cap and show the world "he" was right...XLM might have some interesting approach to low fees third world transactions but the unlimited supply decided by ??? is not going to reassure any serious finance network...so even though they might have found a niche Jed's implication is going to end bad... EOS. I always scroll down this one...that's what I think about it...nothing...oh yeah...they have consensus that collusion is behind what made them grow this fast...but "the investigation is still going on" LTC. A fun light fork of BTC that's getting a little old too...based on the same technology that I don't believe is sustainable...Price used to be 1/10 of BTC...then 1/100...now a bid lower than that...same as ETH they're hanging on last resistance before a possible drastic fall...TA's not looking good.. ADA. The swiss project wanting to be so legit and it almost is...they're working hard to make something out of it and might succeed...I don't believe only one crypto will rule the world...this one could have a place depending on how the technology evolves...I believe the price is pretty much where it should be in this bear market...one to watch when the market starts to go crazy again XMR. The leader of the anonymous coins Monero has a place in the crypto world...very strong community backing it and a important technology to develop...anonymity is very important for all individual but even more if you live in some countries...no matter how much FUDders repeat that it's used by criminals...the most (and by far far far) used financial tools by international criminals is the US dollars (EUR probably not too far)...as for all the anonymous cheap clones some will probably find a niche too...and that's a good thing! Not in the top 10 but what I believe will also find a place cause it has already a use case scenario is all the gaming coins....some for video games some for gambling...I prefer the video games one cause they already are used in the games but they're not call crypto yet...but it's coming...many gamers found way around the game market place to sell through paypal their account or artifacts...it'll be much easier with a crypto integrated in the game...watch for big names coming soon...as for gambling...it will always be there so... Not in the top 10 and never will are all the business that tried an ICO instead of an IPO...they're already all moving out the crypto side of their business leaving the investors bag token holders with not much...I'm very septic about any of them giving back any value to the people that believed in their project...if some of them have their business going they'll have to move to a more traditional financial game and we'll never hear about them anymore... XRP. lol...if you're here I don't have to repeat everything you already know so... stay safe with your investment cause If what I wrote happens. they'll be blood in the markets and price will go wild on either side...and that will be scary moments if you need this money to pay the rent or buy food for the family...stay safe...if you invest...go only with what you can loose...one thing an old fart told me when I started trading...once I buy something (stocks it was) my money is gone and I have to believe I'll never see it again...that way I sleep better at night.
  37. 3 points
    DutchPanda

    XRParrot is live

    Yes, he lives Malmö, Botswana😂
  38. 3 points
    dvilela

    XRParrot is live

    As far as I know, IBAN number identifies a bank account, not a credit card. One thing is your bank account number and another different your credit card number.
  39. 3 points
    Uloveme

    XRParrot is live

    This is exactly what is needed, an EASY way for the average person to buy XRP. Great news!
  40. 3 points
    Julian_Williams

    XRP Surpasses ETH on CMC

    On the EToro forum there have been a small flurry of posts from investors saying that they have sold all their other coins and converted all their stock into XRP. It makes perfect sense to do this, and the more it happens the more it makes sense. (The posts might be the first ripples of an incoming tidal wave (well I can dream))
  41. 3 points
    The gap between XRP and ETH is widening. Now 1.3 billion. Becoming No 2 and widening the lead will be a strong bullish signal for investors to trade in ETH and buy XRP, it could be the stimulus that starts a bull run. I have noticed on Etoro forum there has been a rash of post from small time investors announcing they are selling there diversified portfolios and putting all the money into one crypto - XRP
  42. 3 points
    Sukrim

    What's the current XRPL threat model?

    This has been shown to be wrong: https://arxiv.org/abs/1802.07242
  43. 3 points
    crypto1337

    Galgitron’s blog: Hopium

    For sure the blog episode is controversial, but those complaining about it by saying “everyone should accept other people’s views” should re-read the following part of the blog:
  44. 3 points
    Archbob

    This is what happens by EOY...

    Yeah, you have to realize banks only have 5% of their net worth(at most) at any time in liquidity to actually buy things with. Even SBI can't soak up that much in sell orders. If you think any bank is willing to risk tens or hundreds of billions of dollars for XRP's sake, you are really insane.
  45. 3 points
    Archbob

    XRP vs XLM

    You basically a complete fanboy, if you are going to write off all the partnerships and advancements of other major blockchains.
  46. 3 points
    PunishmentOfLuxury

    Could XRP fork?

    For an unpleasant second I considered that this might be the OP's motive - to further flog the dead horse that is the Stellar/Jed backstory. EDIT: It seems not, from his second post. Phew! It could be argued that CasinoCoin CSC is a fork. But the point with both is that they had to start their adoption networks again from nothing. It's not like you get showered with hundreds of newly-minted altcoins just because you held XRP at the time of the fork and the new coins show up on the big exchanges almost automatically, unlike BTC>BCH for example. Hence, there's a big network disadvantage to forking XRP, unless you have a totally different business case that XRP can't fulfill.
  47. 3 points
    Yes that was mind blowing, even to someone with very little tech understanding, it seems to summarising where the future of Ripple/XRP is going will be several orders of magnitude more complex than it is now. What they are setting up at the moment is the IoV equivalent of the Dos version of Windows. The scale of their ambition just goes on growing and growing at an exponential rate.
  48. 3 points
    seasonal

    The Numbers - Make this Easy

    Agreed. No one knows how this new asset class is going to perform. I can see dizzying new heights for only coins that have use cases and not alot of forks/hacks/drama. They just work and work well. XRP, XLM maybe ADA but Ada is sort of a crap shoot with the drama. Right now these coins are laying down "microsoft style" 1st to market dominance. There is a reason we are hearing about new partnership daily with XRP/ripple. If a coin/token isn't moving now with a viable product that works as easy as you tube or google search, the market will cut them out and leave them for dead. This is how it works. XRP is there-flexing, moving and innovating. And I think in the next 6 months we will see total domination, killing other coins/tokens. The market will progress into coins/tokens that are stable, consistent and "safe". Dare I say solid, like SWIFT has been for decades. This is what people will demand. I can see a few examples of what I think will eventually be the new "IBM" or "Johnson & Johnson" of crypto. And as is it stands-XRP seems to be right at the top. And this is because of use cases, not promises. Not dreams. Not white boards with huge equations-but USE CASES.
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