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Showing content with the highest reputation on 07/23/2019 in all areas

  1. Brad Garlinghouse at Bloomberg 22nd July 2019 Starts at 11:35 https://www.bloomberg.com/news/videos/2019-07-23/-bloomberg-technology-full-show-07-22-2019-video
    34 points
  2. Yes, for a long while they have been playing it close to their chest and they don't give much away, yet if Brad makes even a generalised comment he is afterwards constantly criticised for blabbing. The only metrics we really have are the growing army of employees in a growing network of offices around the world. All those new staff in places like India and Brazil are needed to do jobs that were not there before. Also it is noticeable that the big names they have attracted do not up sticks and leave after 18 months, (except for Cory Johnson who was not really much of an expert at anything
    17 points
  3. Ryan Zagone is Director of Regulatory Relations at Ripple; As per Clyde Vanel, NYS Assemblyman and Chair of the Subcommittee on Internet and New Technologies: New York State Digital Currency Taskforce: Body consists of 13 members: 6 appointed by the Assembly and the Senate Joseph Lubin - co-founder Ethereum Project, founder ConsenSys Sandra Ro - CEO Global Blockchain Business Council Yaya Funusie - Chief Strategist Cryptocurrency AML Strategies LLC, Fellow at the Center on Economic and Financial Power (Foundation for Defense of Democracies)
    12 points
  4. The Readme file (updated last month, june 14th) is very interesting. It mentions project Ubin. https://github.com/corda/corda-settler/blob/master/README.md XRPs and SWIFTs testnets are the only ones mentioned.
    9 points
  5. Ripple deliberately leaked the BofA patent application. And Brad did his fake laugh, when the interviewer broached the subject. Just like when they waste money on charity or add new (needless) offices and overhead all over the globe, Ripple needs to keep up the appearance of an expanding network so that the company and its principals can continue to sell their XRP for 30-40¢. I'm just trying to help the doubters continue to see negative developments and motives, exclusively. There's always a cloud to accompany the annoying silver lining, if one is willing to look hard enough for it.
    8 points
  6. The patent also mentions "Option to eliminate need for physical accounts at partner institutions" which means no need for nostro/vostro accounts at other banks. Which in itself would mean a way to settle using XRPL, hence Xrapid.
    8 points
  7. Well we broke $10k, not that that is pivotal or anything but I did say yesterday that it wouldn't happen and this dip is making me look bad. The good news is we haven't had 4 down days in a row since this past February so we're likely to see some green sometime soon. Anyway, bought more XRP today.
    8 points
  8. And here is our daily technical analysis of xrp/btc pair:
    8 points
  9. Great article, but recycled old news. SwiftGPI mentioned at it's release that it could speed up transactions varying from mere seconds to multiple hours. This example shows the seconds. Now some examples of a full working day please. Also, it's a transaction. Not a settlement... that will take multiple days afterwards. Still great they woke up after 40 years of leaning back and started working on upgrading their messaging technology. Shows Ripple is actually tackling the sore parts of the monetary system.
    8 points
  10. 6 points
  11. LOL @ weakening fud comments... I hear air leaking out of the fudster's tires... I even hear them trading their BTC dust into 4 XRP.... LOL @ them!
    6 points
  12. dr_ed

    Epic Pennant on BTC Chart

    Looks ded. I sold a little, so it can go up now. Took one for the team.
    6 points
  13. https://www.instapay.today/article/swift-uses-ripple-with-successful-instant-cross-border-trials-between-asia-and-europe/ "A successful trial of instant cross-border transfers has been carried out by SWIFT using Ripple’s payment systems. Instant transfers amongst 17 banks based in Australia, China, Canada, Luxembourg, The Netherlands, Singapore, and Thailand have been completed with the fastest transaction taking just 13 seconds and the longest taking only 25 seconds." /The edited the website header to "SWIFT competes with Ripple with successful instant cross-border trials" So it did
    6 points
  14. One thing about people who’ve left team Ripple, they’ve gone into complementary positions in other companies for RippleNet adoption. I don’t recall anyone leaving that left to join a competitor or out of anger. And then we have the amazing @BobWay who left to take care of his health.
    6 points
  15. But the error rate in SWIFT messaging system is said to be 5-6% against atomic payment and settlement with a 100% record for accuracy. Different as chalk and cheese
    6 points
  16. Thank you for this post! Gonna tune into this while drinking my morning coffee Brad said, that he can't confirm or deny the involvement of Ripple in Bank of America's patent... he was surprised of the patent application because they didn't announce anything... very interesting (Topic starting at 17:18)
    6 points
  17. By then XRapid should be going into mainstream. Utility will begin to kick in and provide a solid base price, at the same time speculators will arrive with more confidence.
    6 points
  18. BeSeriousXRP

    I'm out.

    I bought my 50K XRP in May 2017 at $0.322 After waiting for more than two years I sold at the same price today. This XRP is going nowhere as long as no banks are going to use it, Ripple and Jed keep dumping and no other real usecases exists. Traded for BTC today.
    5 points
  19. Its not about being right or wrong - your analyses are always solid and you have your arguments and reasons to state these things. The market does what it wants anyway. Your analyses are great and easy to comprehend, kuddo's😁
    5 points
  20. So this is very very big news...!!!! According to crypthawk, trials have been taking place since January. According to SWIFT themselves:- https://www.swift.com/news-events/press-releases/swift-sees-success-with-global-instant-cross-border-payments-with-singapore_s-fast ..... Only XRP can provide that quick of a settlement. Nostro/vostro would take longer than that - from 30 mins to 24 hours with GPI...unless they somehow created a faster way to use Nostro/Vostro.
    5 points
  21. brad: "i am surprised by that patent application because we have not announced anything." my inference from that is that there will be an announcement at some point down the road. would be awesome if they are using xrp
    5 points
  22. Seems to me that he can’t comment on any of the partnerships or product purchases, in case he make a mistake, so he more or less says “ I can neither confirm nor deny xy or z” to any such questioning.
    5 points
  23. I think it's tough keeping up with all the NDA's and on which he can and cannot comment.
    5 points
  24. Just saw the above and thanks for covering the news .. yes indeed we did implementation of Ripple xCurrent and I had a wonderful session with Ripple MD Middle East and South Asia during the event as well. If interested will share the video for the same. My linked In is kashifadeel1980.
    5 points
  25. Hehe - they've still messed up....go to the page : https://www.instapay.today/article/swift-competes-with-ripple-with-successful-instant-cross-border-trials-between-asia-and-europe/ Now click "view source" in your browser. The META Description still reads:- <meta name="description" content="A successful trial of instant cross-border transfers has been carried out by SWIFT using Ripple&#039;s payment systems."/> WOW!!!
    4 points
  26. Flintstone

    I'm out.

    @ZerpTidalWave There seems to be a lot of impatience about lately, which is understandable given all the positive news regarding Ripple, which is not reflected upon XRP. It's definitely a long hold while the infrastructure is built out. Hopefully we can cash out some profits along the way.
    4 points
  27. 1. How do you feel about Ripple holding such wast quantity of XRP? - sexually aroused.
    4 points
  28. Unionbank recently partnered with Coins.ph to leverage Ripple's xRapid. Adhara is run by former head of blockchain at Santander, a Ripple partner. Wonder how those payments are getting settled...
    3 points
  29. @Roaring_Twenties I don't follow VeChain and haven't looked into the project. @Baka Litecoin is halving in 12 and 1/2 days, although I would assume it's already factored into the price I doubt it is gonna fall 25% from here in that time frame. I see the market raising in the next two weeks. At this point below $70 seems like a good buy for Litecoin. XRP is also a good buy below .30 if you can get it. I think just like buying bitcoin below $10k the window is closing on that opportunity. @TheXRPNinja thanks man.
    3 points
  30. ........your view is better, more balanced, offers positive criticism and is more realistic, giving a different perspective, is educating the uninformed and the illiterate.... Oh guru on the high horse, show us the truth!
    3 points
  31. You do realise that every single purchase you’ve made in your downer life financed someone’s lavish lifestyle, don’t you?
    3 points
  32. Yes it's in the Meta description still. I doubt the journalist thought SWIFT were using Ripple and they were wrong and corrected it. Must be an NDA and they've still messed up as it's in the source code.
    3 points
  33. https://info.r3.com/corda-settler A new demo of the Corda Settler explaing the pathways B2B. /ps. demo only works in Chrome for me. But they've got XRP pretty prominently on top of it.
    3 points
  34. A new demo of the r3 corda settler https://info.r3.com/corda-settler
    3 points
  35. This looks like Xrp is expected to be the default over Swift as the most probable code path is usually checked first.
    3 points
  36. QWE

    I'm out.

    You know, these psychological estimates always get me confused. Have others really gained 3x – 4x in 2 years as you stated, or do you only think that only because some had fallen more from their ATH and have bounced more in the last six months? Let’s look at the more prominent cryptos that have been in existence for more than two years: BTC: Price on July 23rd, 2017: 2800 USD Price on July 23rd, 2019: 9990 USD Change in two years: 257 % LTC: Price on July 23rd, 2017: 44 USD Price on July 23rd, 2019: 91 USD Change in two years: 1
    3 points
  37. Although Garlinghouse dealt with the question quite well, you could see that he was uncomfortable with it being public knowledge
    3 points
  38. That beardless picture from him, tho.
    3 points
  39. Flintstone

    I'm out.

    Did they settle without pre-funding? No. And that is what XRP is for. Do some research!
    3 points
  40. Sigh, your fears are unwarranted because Swift/GPI are a messaging platform they dont settle. because that’s all Swift is , a messaging platform for banks to communicate and settle via the nostro/vostro system with partner banks around the world. the real cost comes from settlement , having to “multi hop” from bank to bank, region to region . Errors occur, requires oversight and people on the payroll throughout the system across all banks. Also requires large reserves of native currencies and constantly keeping track of balances and flows for settlement, as well as having to ke
    3 points
  41. Ripple-Stiltskin

    I'm out.

    Just for the record: I bought my 285,000 XRP at $ 3.50 in January 2018, thinking I would surely be a millionnaire within days. I’m still waiting.
    3 points
  42. Ripple want to show FI's they can manipulate and control the price to their likings? Right, great theory. That would put them out of business immediately.
    3 points
  43. You are idealizing developers, I think. There are a huge number of advantages to a corporate format. The reason Ripple even exists at this point is case in point. It may fail, it may succeed, but the odds of it succeeding in this space are greatly increased by having a corporate format that is based upon providing profit for shareholders. Without it, there would be no way for them to leverage deals with banks and institutions. Your initial question bears discussion. I personally don't care about the number of XRP Ripple holds, because it is largely irrelevant. Adoption is what matters, and wil
    3 points
  44. Oh, those wascawy wabbits holding such wast quantities of xwp. It's depwessing.
    3 points
  45. musclehog

    I'm out.

    To be honest you should have just stayed off xrpchat. This place is pretty toxic. You cannot speculate without the word hopium being thrown around. Everyone is on a tight trigger. There is some serious issues on here with new accounts and FUD. If you are out, then you are out. I respect your decision to sell. The reason why I am not. I feel like i am lucky. I am lucky I stumbled on this company and its asset. Bank of america, moneygram, amex, SBI, Bank of england, HSBC, transfergo, ECB, IMF, westpac, SABB, white house meetings, mercury FX, earthport, all the heavy hitters
    3 points
  46. Sooooo, you would rather they wait to sell at $20-$100 to finance their lavish lifestyles (like we are?) LOL you're so funny
    2 points
  47. dr_ed

    Epic Pennant on BTC Chart

    We closed above what I was calling support yesterday on the daily. That's good. To get some close-up clarity on what's happening intraday, here's the 30 minute chart. It looks to me like the bear attack is fading, at least for the moment. I doubt it's over. Another mostly red day, maybe.
    2 points
  48. SBI integrating XRP in their entire platform backbone and using it for quick and frictionless transfers in the FX markets which do trillions of volume annually
    2 points
  49. Ripple-Stiltskin

    I'm out.

    Better make the math.......😆😇 See?
    2 points
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