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Showing content with the highest reputation on 04/09/2019 in all areas

  1. So last month March 14th I took an image shot of all the exchanges holding XRP which was around 10.7 billion and today less than a month it is 11.6 billion. So if this keeps up at 1 billion a month being added to the exchanges by year end it will be dec 14th 2019 - 19.6 billion XRP dec 14th 2020. - 43.6 Billon XRP dec 14th 2022- 55.6 billion XRP dec 14th 2023 - 67.6 billion XRP Im not sure if the exchanges are building up on the Xrp in circulation or if they are buying from the escrow ? here is the link I suggest taking a screen shot begi
    12 points
  2. BobWay

    Chat: General

    I think Polysign is really big for the XRP Ledger and ILP RippleNet components as well. I'm not sure what features they've implemented for working with other coins or contract code. It is important to understand that banks, exchanges and "gateways" (Ripple Fox, Gatehub, Bitstamp, RippleChina, etc) are all trusted with other people's money. Keeping that money safe requires scrupulous security practices related to XRP Ledger secrets and ILP transaction signing keys. Institutions like these need to protect those keys and secrets from both outside attackers and INSIDE threats as well. They al
    12 points
  3. http://galgitron.net/Post/Impenetrable-Consensus @galgitron
    8 points
  4. Currently 195 countries in the world. If we get 90 large exchanges (There were more than 500 exchanges in the world in april 2018) as xRapid certified in the next 5 years... Imagine the pressure on the supply.
    8 points
  5. Read carefully what she wrote
    7 points
  6. @Eric123 look at that beautiful hammer forming on the daily LTC chart. Nice retrace to mid $80 levels, hammer forming, ready to go up a next leg. Textbook bullish reversal.
    6 points
  7. I too like to extrapolate one month into 50 months
    5 points
  8. I will just leave this here (: Quick edit, in case some may think I confuse speculation with utility: Someone earlier said that XRP failed and he would hardly see 5$ per XRP. Well, solely based on speculation, I personally think 5$ is beyond our reach. Just with the very recent little pump, BTC increased by 27%, while XRP, well see my beautiful picture above So considering this minuscule event, if there has to be a speculative bull run leading BTC to 10,000$ or what not, well you get the idea. XRP is not a stable coin. There is no conspiracy.
    5 points
  9. Are you seriously stating that XRP has failed? You must be one of the guys who have invested in crypto just for "a quick buck" and clearly know nothing about the technology and fundamentals behind it. As we speak, Ripple is working with hundreds of financial institutions around the globe who are more than happy to utilize this ground-breaking innovation. Obviously most of them can't do it before legislation are in place. And I hope you realize this sort of stuff takes a bit more time than just a couple of years. Fully implementing new payment systems takes YEARS, not months. As said befor
    5 points
  10. https://www.investinblockchain.com/ripple-india-largest-it-provider-tata-consultancy-services-using-ripplenet-remittance-services/
    4 points
  11. Hodor

    High Octane: Developers

    Blog URL: https://xrpcommunity.blog/high-octane-developers/ Developers are the fuel to the fire for XRP; Find out more & all the latest news impacting XRP in today's blog: 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Ripple's development blog gets a makeover; Xendpay announces no transfer fees to the Philippines; TCS may have just enabled RippleNet access for a massive number of their customers; Navin Gupta presents to C-level execs at the Mint Digital Innovation Summit; RationalFX re-affirms its partnership with Ripple; and the Interledger Summit wraps up two days of presentations to potential ILP devs.
    4 points
  12. Depending on your buy in time , were you late to the party . Many have cash out . Paid 5k for 1 million XRP and cashed out near ATH , I'm sure they would disagree with your view. If you think Ripple owe you anything your are mistaken. Put on your big boy pants and grab your hairy swingers and expect another 3 yrs before you might even see a decent ROI. If this is out of your realm of reality, this is not for you.
    4 points
  13. I usually try to articulate a decent reply, but I honestly I just decided to ignore you, because you're obnoxious and keeping bumping old threads. Good luck with your ROI anxiety disorder
    4 points
  14. This is a post I wrote last year on another forum before I discovered this community, but recently revisited to see how my thinking has evolved. I think I'm a bit less XRP maximalist now, but my underlying confidence in XRP remains. XRP has become much more decentralized in the last year, and I realize now how loaded that term is. Introduction The debate on the future of XRP is the third rail of crypto politics. Other than Bitcoin vs. Bitcoin Cash, no other topic elicits such polarizing perspectives. From an ideological standpoint true to Bitcoin’s genesis, this is understanda
    3 points
  15. KarmaCoverage

    When Ripple IPO?

    I havent publicly speculated on XRP price ever (except for a DCF analysis back in 2014). I tried to explain why I'm bullish on not just XRP, but Ripple Inc equity also. https://www.quora.com/How-did-the-VCs-value-Ripple-Labs (the bottom answer) We are all still early here, but the game started years ago. Let the fundamentals drive price, not just hype/speculation. Double digits now seems reasonable, XRP has always been undervalued... Patience
    3 points
  16. OP come on, XRP already hit $3+ in a couple of weeks run up proving you wrong. Market Cap reflects value per XRP * circulating supply, nothing more or less. 100 billion = total supply 41.8 billion = official (according to CoinMarketCap.com) circulating supply 2 to 3 billion = my estimation of ACTUAL circulating supply - when you take away all the XRP held in wallets Anywhere betwen 500M to 2 billion = XRP traded daily, of which a sizeable chunk will be (sadly) exchanges wash trading to make their figures look good Anywhere between 300M to 1 billion = my estimation o
    3 points
  17. ILP was such a strategic boss move back then, it was very ballsy and it has served Ripple's mission very well, because you cant have "an inter-net of value", without the..."inter-ledger" functionality part. ILP extinguished the "one ledger to rule them all" idea that bitcoin maxies touted. Ripple knew that the Rippled ledger tech is well better than all of the others (at the time). So with that toolkit it wasn't a mistake to build ILP and say "let the ledgers compete". Plus there will be other types of ledgers/blockchains with specialized feature sets for specific usecases.
    3 points
  18. Thanks for all your replies, was a bit sulky about it last night, but will have to face the facts. Looking at starting a second part time job as extra income and will be keeping extra money from salaries in said Bank account (for now :)) Will also try to do as much of the kitchen by myself in my own time, which should save me a bit of money as well, time to learn some new trades on Youtube!
    3 points
  19. One of the key indicators of a company's "health," that savvy investment analysts are always on the lookout for, is the growth of staffing in their various markets. Ripple expanding the Singapore branch by 100% is a statistically significant predictor of their pending success. As opposed to unwarranted 'hopium' this indicates real progress in achieving their objectives. Good stuff!
    3 points
  20. And TCS is envisioning nothing less than a pan-African DLT solution. (I suspect with TCS's presence, it's not stopping with Africa.)
    3 points
  21. @Chris_Reeves, Ripplenet is one of the options for integrating the necessary DLT solution to Quartz. The reference is not merely obiter dicta.
    3 points
  22. It is sad. I like your way of writing (not in a wall of text mode), and verbiage sometimes, this is what got me to the read the whole thing. But yes it is sad because we disagree on so many fundamentals here... I will not go on a rant, or criticize you, rather I will try to correct your mistakes, hopefully you will accept it.. I have a little faith in that, knowing people, hence "I will try".
    3 points
  23. https://todaysgazette.com/ripple-xrp-will-become-no-1-if-china-bans-bitcoin-mining/
    2 points
  24. Thanks for the link, it is a very good metric to follow that I have eyed since last summer. At that time Binance and Bitstamp already had 1b xrp though. But they are indeed preparing to prevent this issue (among others) they experienced in 2017 due the high demand. https://www.bitstamp.net/article/update-high-demand/
    2 points
  25. I’m growing bored without your analysis!
    2 points
  26. 800k on Etoro? I don´t buy it amigo... it is like you are telling me that you have a friend that spent 25 bucks on a beef burguer in Mc Donalds...
    2 points
  27. "Posted January 4, 2018 As a former student of finance at undergrad and grad levels, this whole argument drives me NUTS! This may have been posted here before (I apologize if so) but it is one of the best explanations as to why comparing coin market caps to real company equity market caps is so ridiculous. Even more ridiculous is to compare a coin cap to a country's GDP or some fraction of another currency (like US notes in circulation v. US denominated assets). I know not everyone can always read WSJ articles so I am summarizing my own interpretation in my own words below (quoted
    2 points
  28. That is an option but knowing my luck atm, the moment I sell....
    2 points
  29. KarmaCoverage

    When Ripple IPO?

    As long as fundamental utility value continues to grow, via both RippleNet and the broader IoV growing in network size and corridor reach and Liquidity depth grows in all corridors, then XRP has a significant role within the whole global monetary infrastructure's new architecture. This is what I saw years ago, and it is still amazing to me. We are lucky to observe it happening. Humanity as an organism, derives a key strength from people working together. "Money" is a tool that typically emerges as a group of humans grows past a certin size. Improving this money tool, will be equivale
    2 points
  30. I guess what he alluding to is the fact that Ripple is not the exclusive partner for TATA. They could very well partner with IBM-WW as a gateway provider. That quote says "to connect to newer DLT based payment infrastructures (like RIppleNet) for processing of Cross border FX remittance transactions."
    2 points
  31. I had a nice weekend going out and meeting people from the XRP Community. Polly made a video of it here. Give her a like and a subscribe if you enjoy it!
    2 points
  32. The "market cap," as in this particular instance, isn't a reflection of the value of the company, but rather of the carrying capacity of their digital assets. To repeatedly suggest otherwise is merely FUD imho. If world-wide adoption of Ripple's software suite; in particular, xRapid; continues at the current pace, it won't be long until the price of xrp will need to greatly increase in order to support the necessary liquidity.
    2 points
  33. Princess, it already hit well over $3 so who is the stupid one? 🤗
    2 points
  34. https://www.businesstimes.com.sg/garage/ripple-aims-to-make-a-splash-in-asia-with-expansion-of-singapore-office https://www.finews.asia/finance/28597-ripple-expands-singapore-office
    2 points
  35. Comparing with pre-internet en the early www days ... plenty of innovation in communication but ultimately it was IP that became the rail of transport. Why? Two reasons: its a standard and it serves complete interoperability for all devices. ILP is a standard and interoperates for all ledgers. Early riding that rail is a major advantage
    2 points
  36. I had to create a login to reply about how ignorant this post is. The simple answer. You DON'T value most digital assets like an equity with a market cap. Digital assets act more like currencies or commodities. Market cap is non-existent with currencies or commodities. Even the market cap of gold is just an estimated number since gold is continually being mined and/or consumed in economic activity. XRP is in no way tied to Ripple's revenues nor will it ever be. Market cap within the crypto space is only a thing because a lot of cryptos have fixed supplies which is just a metric that people app
    2 points
  37. This is a very good sign. A while back WU claimed Ripple/xrp wouldn't save them much, if any money, over their already established network of outlets. Recently I read a piece that sounded as if they did an about face: sort of. It dawned on WU that there still remained many markets that they didn't have a presence in, and that Ripple/xrp could quickly open up a variety of these previously unserved markets. Now, there will be Phillippine and Mexican workers scattered around the word using their services for remittences, at least a portion of which, will rely on xrp. If my understanding of this i
    2 points
  38. Bitcoin's 50 Day EMA just crossed the 100 Day EMA to the upside - Litecoin's 100 Day EMA should cross the 200 Day EMA in less than 3 days. All good signs. Things have quieted down a little but I still think we can see a move back to $6.0-6.5k in the next few days. Things are looking good.
    2 points
  39. It's obvious you don't understand the life-cycle of how financial transactions/money transfers are settled. Money transfer platforms like Western Union, MoneyGram, Transferwise, Venmo, Zelle, etc. only seem quick to the end user because these companies utilize pre-funded Nostro/Vostro accounts set-up with various banks all across the world that allows them to pay-out immediately to the end-user. However, the plumbing or legacy financial rails that orchestrate these transfers still take days to settle and finalize each transaction. Basically, what these money transfer platforms are essentially
    2 points
  40. $5 is over 1000% return, why would I not buy something that will give me an 1000% return?
    2 points
  41. It's funny to me to hear people saying if it doesn't go to $5 to $10 then what's your motivation. Let's say it only went to say $3.50. That would be multiplying your money by a factor of 10 from where it is today. Most people would be happy to have a 900% return on an investment. Of course $589 sounds great, but also a bit naive and ignorant.
    2 points
  42. Now, if you look at the BNB/USD chart, you understand why CZ says they are at their ATH, considering the number of orders, the trading volume and system load. It is the essence of their coin after all.
    1 point
  43. 1 point
  44. You called?
    1 point
  45. A paper wallet is pretty simple, you just print out your secret on paper. The long bit of gibberish that begins with an 's'. Then put that paper where NOBODY is going to find it. You can also do some other variant like putting it on a thumb drive or SD card. You can encrypted it first if you want. I would do both, paper and thumb drive. What does everyone else do?
    1 point
  46. You should absolutely allow offline signing with an explicitly-specified LastLedgerSequence. The best practices for good security are to have an online machine (that you can check the LastLedgerSequence, etc. on) and an offline machine (to do the actual signing), then use a method such as QR codes or disposable factory-fresh USB drives to transfer signed transactions from an offline machine to the online machine for submission.
    1 point
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