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Showing content with the highest reputation on 06/12/2019 in all areas

  1. 6 points
  2. 6 points
    Zerp_Legend

    What's Left for XRP?

    Its funny how people always assume that ripple will lose only because a big player is offering something similar . For me it is a sign that companies are actually scared and ripple is like 5 years ahead of the game :). Many big banks are already using Ripple technology and Ripple is already huge in Asia.
  3. 5 points
    You are shooting at the wrong company, @lucky It was not GateHub retaining 500,000 XRP, that was the exchange ChangeNOW. They have been very cooperative and blacklisted destination tags / blocked funds from the flagged accounts. This way, they have managed to freeze 500,000 XRP and secure them in their cold storage in order to return them to GateHub if necessary documents from the authorities are there. They are now working on following the traces of the rest of the 2.5m XRP that has been laundered through their exchange. We do not have news with respect to recovery of XRP from the other exchanges such as Binance, Changelly, Kucoin and Huobi, do we? And I have noticed there has been no activity in the hackers' accounts for a week now. Maybe because they don't have possibilities for laundering any more, as exchanges have blacklisted them. They still have 10m XRP sitting in their accounts.
  4. 3 points
    mrenne

    Ripple is acquiring MoneyGram?

    Management (executive committee) and shareholders are not the same, although some of the managers may have shares in the company (e.g. the CEO of Moneygram is also a shareholder). The executive committee is appointed by the Board of Directors, which represents the shareholders. It is a little more complicated than that. Only the shareholders can sell their shares to another party and they can even do that without the approval of the management (hostile takeover). In practice, usually the buyer will seek an agreement with the management, together they will make a strategy for the future of the company. This strategic plan together with the takeover offer will be presented to the major shareholders, and if they agree, the buyer will launch an official (public) offer for the remaining shares (in this case the 22%) that is in public hands. This can be you and me. Shareholders will be called to a shareholders' meeting where they will need to approve the sale of their shares to the buyer. Then you can apply for a delisting and take the company private. The takeover offer includes a certain price that the buyer is willing to pay for the shares (in the case of the takeover bid by Ant Financial last year, 13.25 USD per share). This is usually higher than the share price at that moment, otherwise the shareholders will not be willing to sell their shares. This is price-sensitive information, which needs to be publicly announced as soon as possible, so that all (potential) shareholders have access to the same level of information. You can understand it is unacceptable that some people know there is a takeover bid on the table (and therefore can quickly buy Moneygram shares in order to make quick profit) while other people don't know about it. It is even more unacceptable that people talk about it on Twitter for weeks before there is either a public announcement or a trade halt by the stock exchange. Moneygram is such a mess (fraud, much lower margins than their direct competitors, losing customers rapidly, bad reputation, high debt) that management can decide the best possible future for a company is to go together with another company. In that case the management will actively look for a buyer, but for that you need to look attractive. The problem is that the 7-year debt refinancing they concluded in 2013 is due next year, this means about 1bn USD needs to be paid back, so they need to refinance this debt before the due date. This brings a lot of pressure and makes the company less attractive. That's why the management announced they would first try to secure refinancing of this debt before to actively look for a buyer.
  5. 3 points
    GoldenGoose

    Warning: phishing messages.

    Based upon the outstanding grammar, alone, I can confirm: It are a phishing attempts.
  6. 3 points
    Comment on last paragraph: Lastest victim is from yesterday, latest cashout was today. Perpetrator is using more than 30 accounts. We prepared a chart of the thefts:
  7. 3 points
    Julian_Williams

    What's Left for XRP?

    I am the same. I just go on buying XRP because it makes sense as a long term investment. LTC and BTC and ETH do not look like they will survive the next generation of blockchain coins coming from places like China. In contrast XRP looks as if it will have been adopted and will be a standard inter-fiat bridging currency for the future because it is technically ahead of the field and backed by a team of well connected experts in FI and Silicon Valley disruption. It is well known that the crypto market as it is presently set up is largely manipulated by whales who are artificially setting the price and disregarding the news. Following the price of crypto is like following the ball on a roulette wheel, you might get lucky but it is at best informed gambling.
  8. 3 points
    Hodor

    An Introduction to XRP

    Thank you for this @XRPeteSampras The voice actor did such a tremendous job, it sounded like a professionally-produced, educational video! I'm so honored that you chose one of my blogs for the first in your video series; hopefully it serves as a resource that others can share with those that are either new to crypto, generally, or new to XRP.
  9. 2 points
    NightJanitor

    Ripple is acquiring MoneyGram?

    Not the only way, but certainly seems like it'd make the aqueducts fill up faster... and it comes with a lot of legacy benefits that are ... useful... in a compliance heavy world. These "id" startups, for instance... what a bunch of good those do you in the first-world, much less the third-world... but if you've got a physical location... old, but still there. Then you've got just plain old cash-for-crypto sales - no fx or transmit involved - you know how crazy those btc people get when they place one atm? X 200 countries full... etc, etc... I think it's a fun idea, for all kinds of reasons.
  10. 2 points
    jn_r

    XRP being delisted?

    Bittrex will not delist XRP: https://bittrex.zendesk.com/hc/en-us/articles/360028996652
  11. 2 points
    Your Q3/Q4 is still 'possible' --- a highly overused word when predicting crypto. I was expecting a gut wrenching year until autumn, then a decent pump revisiting all time highs. It was based on predicting the emotional movements of the markets, but then the whales decided to pump BTC in the 2nd quarter, and now its hard to tell which way it will break from here.
  12. 2 points
    FreedomGundam

    What's Left for XRP?

    Thanks for all respond. Some are optimist and some are not. Well, if you read my first post what I concern is what's left for XRP? I know that remittance business is very big, we're talking trilion dollar each day. But, the big player we can see like Swift, JP Morgan they are the biggest player on this market. JP Morgan have 2.6 trilion Dollar asset. When they decide not to use XRP. We cannot close our eyes and say it's alright. I, personally still have hope with XRP and Ripple. But, the longer the wait the more I lost confident. Like when Facebook which have 2.3 billion citizen along with their Whatsapp are starting their own coin. It is also big market too for cross border payment. In order to really make distruption, you'll need big impact. But, now, the window getting smaller and smaller. PS: I do really really hope that there are real NDA with all the giants.
  13. 2 points
    Why don't you talk about efforts (or absence of efforts) to compensate your clients? Have you talked with your investor Chris Larsen about this matter, who according your own site is backing you?
  14. 2 points
    EcneitapLatnem

    Hi all

    Where's the windows? Why no door? Where am I?
  15. 2 points
    Flintstone

    What's Left for XRP?

    Isnt VISA’s solution just tokenising information? There’s no digital asset involved and doesn’t solve Nostro/Vostro There will be a lot more tokenzation in the future, this is the IoV after all.
  16. 2 points
    Julian_Williams

    What's Left for XRP?

    yes that's right, a bit of window dressing by the IMF for passing the time and providing the world with fake news. Yea you really have a handle on the way the minds of these organisations work Freaky.
  17. 2 points
    Kiwi

    What's Left for XRP?

    I can agree with most of it. But I am looking for new xRapid official customers. Banks joining Ripplenet, new corridors being open, new offices around the world. These are all great news, for Ripple. But not strictly for XRP. I am looking for XRP adoption and I can not see it. It seems everyone is under NDA or there is no adoption. Yes, it is chicken and egg problem. But as far as I am aware, there are plenty of corridors (70ish) which means there should be plenty of potential customers using xrapid/xcurrent. Where are they? PS. I am not big fun of Glagitrons analsys because everyone can fake these transactions to look like xrapid. I do hope he is right though. I do hope in Q2 2019 Ripple will provide us more details regarding xRapid volume.
  18. 2 points
    KarmaCoverage

    What's Left for XRP?

    JPM coin is just a digital Commercial Bank liability, same thing as "money in the bank". Fbook hasn't articulated a strategy that I know of yet. Hyperledger is integrated with ILP, and I'm not really up to speed on the rest of that project. SWIFT GPI, seemed to me to be a reactionary move, to both all the Central Banks RTGS efforts and Ripple. As for "what's left for XRP?" Regulatory clarity is the big thing and that seems to be slowly coming together one country at a time. The framework is already there.
  19. 2 points
    https://www.businesswire.com/news/home/20190611005269/en/Provider-Solutions-Global-Payments-Silicon-Valley-Officially
  20. 2 points
    I think it's brilliant. A truly global currency for all people no matter their race, religion, sexuality, or gender.
  21. 2 points
    My money says SBI has zero influence on price next month even if they go live.
  22. 1 point
    FreedomGundam

    What's Left for XRP?

    Every time I read news about remittance, I feel less chance XRP can be that big. Instead it will be serving small or medium chunk of remittance. Read this news. https://www.forbes.com/sites/jeffkauflin/2019/06/11/visa-targets-swift-with-new-blockchain-product-for-global-money-transfers/ So, SWIFT already have GPI Visa use Hyperledger fabric with Linux and IBM (I think its manage by FIS) JPM use JPM Coin Facebook use Libra These are big bro where talking here. I know that Ripple already partnering with several banks, but only small one have confirm. Do you think XRP still have a chance? What's left for XRP?
  23. 1 point
    That would be the only logical reason for a possible takeover of MG in my opinion, to get XRP used and to make it a showcase for the rest of the financial world.
  24. 1 point
    dr_ed

    Epic Pennant on BTC Chart

    That's exactly what it looks like. He needs to turn loose of some more fiat and drive it on up. Same whale as last time. Mr. One Candle. Cheapskate with no friends backing him.
  25. 1 point
    This is the dark side of crypto. More control. All transactions traceable. No way to cheat on taxes. Privacy coins banned. Brave New World. There will always be work-arounds, but it won't be easy.
  26. 1 point
    Parramas

    What's Left for XRP?

    The way I stand in this matter is that Ripple holds a pretty stable price. I can put my money on other coins, knowing I can (maybe) gain little bit profit. I can also put it on my bank account and gain no interest. OR I keep buying Ripple's in the hope that it goes up again (lets be honest 98% of the crypto market is based on that thought) and then gain big profits. In the proces I MIGHT lose a bit of money. But hey I am goddamn gonna try! - Have faith and sail along -
  27. 1 point
    FreedomGundam

    What's Left for XRP?

    This is golden. Thanks for your effort to confirm the statement. But, just hope that all of them are tied by NDA. *finger cross
  28. 1 point
    reading gatehub's announcement I think they are super carefull still and do not want to promise anything which is probably the reaction you would expect at this point in time. again, I hope they can refund anyone who was hurt by this.
  29. 1 point
    I agree, so many people are following the price of XRP as their indicator of success and then transferring the apparent lack of price rise as a reason to think Ripplenet is a failure. Truth is that the Ripplenet is proving itself to be conceptually and technically years ahead of everything else out there, and it is being marketed and adopted across the board. Facebook will get a team together and produce a product that will raid the market and make money. Facebook Board of directors are very likely to be out of their depth when they produce the specs for the team to follow and very unlikely to be able to set up a team that rivals the expertise already aquired inside Ripple's team. Facebook will not put together a product that technically rivals the vision of a bridge currency without a counter party that fits the specs of the interbank and B2B regulated market. XRP are also positioned to penetrate into areas like gaming derivatives and micropayments.
  30. 1 point
    Sukrim

    Help reading xrpcharts / metrics

    Some charts are daily, others weekly.
  31. 1 point
    No, they are using the Hyperledger platform for their Identity project. I got the same impression at first, but if you read it closely you can make the discernment. This is the quote from the article above: Here is the article concerning the ID platform utilizing Hyperledger.
  32. 1 point
    JordanC

    $10,000 Strategy

    You're generalising everyone here now though. Not all of us here are saying holding will guarantee you profit, though it's not unwise to think holding will return you a profit, if we follow previous trends then there is the possibility that you will profit, simply by holding. It's that or you short and let it go to zero, but to me that seems unwise because there are so many companies in the world preparing for a future with blockchain and cryptocurrencies, for example the company I work for has just started working with a cryptocurrency and we are in the artificial intelligence and machine learning sector. We all try to reiterate here that you should only invest what you feel comfortable with and what you can afford to lose. I do see what you are saying and I believe sometimes the message you're spreading is needed to keep people grounded but it needs to be thought out more and I think it's a little more complicated. There is unrealistic optimism of course, but saying something is going to zero when most people here believe in the future of crypto is going to be treated with hostility because everyone here wants to see XRP succeed. I don't think you should leave just because you feel like you've made people feel bad. I think if you explained yourself more in your posts like you have done with me, then you would be understood more and wouldn't be treated with as much negativity. We have also had previous users who have been on these forums and been spreading FUD on purpose, not sparking actual debate and thought provoking arguments, but rather, people stirring sh*t just because they're fanboys of some other crypto. I think it can be interesting to create a more though provoking debate if you were to create a topic and get people to think critically about their investment. What people don't enjoy is people saying their investment is **** and won't work without presenting evidence for it.
  33. 1 point
    Freaky

    What's Left for XRP?

    i think its more a symbolic gesture, just like politicians who gather at world conferences and take photos together shaking hands, with zero outcomes for the good of humanity. Makes speculators, investors and idiots in believing something big is happening.
  34. 1 point
    Three pages? This shouldn't even have been a thread, ridiculous.
  35. 1 point
    djdhrubs

    Epic Pennant on BTC Chart

    Yeah I'm not in any trading positions right now (other than one random small cap coin I bought on Binance for which I've moved my stop into profit). Am expecting a big move one way or the other, and figure that the satoshi value of most alts will likely go down with the move, whichever way it is. The exception is probably LTC but I've already traded in and out of that and can't be bothered going back into it for a pump to 0.018 or whatever.
  36. 1 point
    baggy23

    Ripple is acquiring MoneyGram?

    Source Moneygram has 900m $ in debts. Ripple made around 1b$ in cash from XRP sales since 2018. edit: does anybody have access to the full article by Dallas Business Journal?
  37. 1 point
    It's not a promotion, it's a simple statement suggesting solidarity with the LGBT community. A community with a huge foothold in SF where Ripple's headquarters are. It's not rocket science, it's simply good ol fashioned tolerance and acceptance. It baffles the mind that so many people are get so worked up over this.
  38. 1 point
    I’ve never seen a company more “damned if they do, damned if they don’t” than Ripple. They would cop flack no matter what they did. Its normal for a startup to gradually mature over time and start to cover these sorts of tangential-to-the-business things after a few years. You could, for instance, believe that Ripple is staffed by decent people working flat out as they rework global finance. They saw the chance to show support and did. Probably they have some staff who are from the LGBT community. Or perhaps it’s easier to just stick to “Ripple are evil greedy ******** paying lip service for their own advantage”. Whatever floats your boat... one things for sure... Ripple will cop a hiding no matter what choices they make. Sigh.
  39. 1 point
    This is not a FB / Ripple connection post. Ripples social media team has a Facebook presence and they recently changed their logo to reflect the LGBT community.
  40. 1 point
    captainjack

    Epic Pennant on BTC Chart

    This is a great thread, thanks
  41. 1 point
    dr_ed

    Hi all

    Don't lead with your chin and you'll be okay.
  42. 1 point
    Mcripple

    Ripple is acquiring MoneyGram?

    Just dropping this here. DeeMoney is a patrner of Moneygram per the article. https://ambcrypto.com/is-ripples-testnet-being-used-for-running-thailand-based-deemoneys-services/?utm_source=telegram.me&utm_medium=social&utm_campaign=is-ripples-testnet-being-used-for-runni
  43. 1 point
    Looks like MGI is up 13% at $1.64 at the moment. Its almost as volatile as a crypto!
  44. 1 point
    dr_ed

    Epic Pennant on BTC Chart

    LTC is above the previous resistance. Pop the popcorn.
  45. 1 point
    djdhrubs

    Ripple is acquiring MoneyGram?

    If true, this would be an incredibly aggressive move by Ripple. My main reason for not believing this is still cos that comedian Crypthawk is the one breaking it. But one can imagine..... Ripple: Please use our software. It's awesome, cheap and the future. Western Union: Oh yeah? OK we'll run a few tests and get back to you. Ripple: How are the tests going? Western Union: We've done about 10. A bit meh. We'll do a few more and get back to you. Ripple: Any updates? Western Union: We've done another test I think. We have lots of irons in the fire, lots of options to consider. Run along and we'll get back to you when you're ready. Let the experts do their thing. Ripple: by the way, we've just bought one of your biggest competitors. Western Union: hang on, you're just a software company aren't you? Ripple: that was last week you fools. Amazon once just sold books. Western Union: can we have a meeting in the next couple of days please? Ripple: We've got a meeting with People's Bank of China, our annual hookers and blow retreat, and my kid's birthday party to organise. Do I look like I have time for you amateurs?
  46. 1 point
    spiras

    David Schwartz is not a fan of Hodling

    Dave sold some of his XRP stash for over $10 MIL. If I had 10 MIL dollars in XRP, I would sell right now and be done, regardless of what I think XRP is likely to do in the future. That's life changing money. Why risk it for a chance at more? I don't need more, no matter how confident I am that XRP will go higher. Because no matter how confident I am, I could be always be wrong. Now lets take it a step further. What if I had 20 mil dollars of XRP? Of course I would sell at least 10MIL. Then maybe keep the other 10 MIL in XRP? Best of both worlds. I'm set, PLUS have investment for even more money. Let's go further. What if I had 30 MIL dollars of XRP? First, that would never happen, because I would have sold a bunch of it at 10 or 20 mil.. but lets just say I did. I would sell. Now, Let's take David's example. The guy had 16 MILLION XRP for a USD value of about 50 MILLION USD when he sold SOME of his XRP. (10 MIL USD worth.) Why are we talking about this, again? Remember, Dave sold XRP from ONE of his long standing XRP accounts. The account had been established well enough in advance to be able to count as capital gains and a MUCH lower tax rate. How do we know that he didn't BUY BACK the same amount he sold when the price dropped back to 30 cents? HE likely WOULD NOT have placed it back into the same wallet and muddied what was newly acquired XRP with long holding XRP.. especially when he knew he was going to need to sell a little more to pay the tax man the following year (he sold another $1M USD worth of XRP on April 14th this year). He likely would have put his newly purchased XRP into a different wallet that you all aren't tracking and being a new holding period of that money so that it, too, could have been easily identifiable as capital gains in the future. The point is, Dave is human. He has a family. He has grandkids. He had many millions of dollars in XRP. He sold some now, and is set for life no matter what else happens with XRP. However, if XRP goes moon, he still has more XRP than probably anyone else in this forum. So he's set. He derisked, got many millions. Is still stocked. One thing XRP can't buy you is TIME. He might as well start enjoying his money, because he can't buy more time later in life to enjoy it then. His comments on twitter are about the criticism he got for selling. He's trying to explain it, but he shouldn't have to. Him selling was not in any way related to his beliefs of what XRP might do in the future. It was about derisking and getting millions now for his family. People need to leave the guy alone.
  47. 1 point
    After 3 years of neverending talk of the future I woke up one day and saw my girlfriend had sent me 1500 to invest. It was the day before my birthday and to date it's the best present I've ever received. More than the money, what really meant a lot to me was that she finally understood the change that will happen in our world when money is instantaneous.
  48. 1 point
    KaaKaRmA

    Ripple is acquiring MoneyGram?

    Breaking: This has been delayed. Word on street is Ripple was leaning on the community to help them with this acquisition. Something about waiting on CKJs contribution still, which was claimed to have been sent.
  49. 1 point
    Hi Wietse, All, right, thanks for your reply. Confusion should be avoided indeed and XRPTipbot is beautiful in its simplicity. Even my mom gets it ! Gonna send some sips your way in DEUS.EUR. Cancel that, let's make that tip in good old XRPs :-)! Can't way to see Xumm in action, looks pretty damn cool!
  50. 1 point
    @gregor please get better at support, it is gatehubs voice out to the end users and that's the worst voice you could have right now...
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