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Showing content with the highest reputation on 02/11/2020 in all areas

  1. https://www.xrparcade.com/news/the-national-bank-of-egypt-joins-ripplenet/
    8 points
  2. Wow - I've not seen this before - check out how the event described above affected the DoM Chart !! This MUST have been a mid-night (UTC) kinna stress test for sure...
    8 points
  3. This is a price speculation thread, not holy scriptures. Sometimes the predictions may be wrong and sometimes right based on charting. Either is perfectly okay if meant sincerely. If anyone is not happy with this type of speculation they are more than welcome to visit other threads, and ignore this one completely, or challenge positions based on other assumptions. Repeatedly claiming the chartist is wrong, or TA is wrong is topic bumping/trolling, and adds little to this thread. Thank you!
    7 points
  4. It's just a transaction respecting the ODL pattern that we defined, it can be a test, a pure coincidence, or even an ODL transaction carried out by an individual, it's very easy to script if we have an account on the two exchanges and access to APIs. We will wait 100 such transactions to confirm the corridor.
    7 points
  5. nooooo you jinxed it
    5 points
  6. 3.92 + 1.97 = 5.89 It's going great!
    5 points
  7. It is a good start:) https://newslogical.com/7-5-of-usd-to-mxn-remittances-went-through-xrp-last-week-says-ripples-svp/
    5 points
  8. I’m still trying to figure out why people, who don’t like TA, continue to enter this thread and spew their pointless garbage everywhere. I disagree with a lot of things in life but I don’t see the point in immersing myself in the middle of things that I don’t like, and proceeding to pick fights with people. The point of TA is to make a logical attempt at investigating future market movements. I think the people that post charts here and state their opinions do an good job and make an excellent effort. The point isn’t to always be 100% right. It’s to present an argument supported with logical reasoning.
    5 points
  9. https://utility-scan.com/#/dashboard More and more corridors are being opened with each week. Exciting times
    5 points
  10. This!!! "Dalia El-Baz (Vice Chairman of the NBE) also added that the RippleNet network includes more than 300 banks and financial institutions spread in all countries of the world and it is expected that the number of subscribers to that network will grow exponentially,..."
    4 points
  11. * I am not a lawyer. This was under Florida state law. There was nothing legally ground breaking, but I figured I'd share how the crypto was addressed. Basically they treated it as a "property" or an "investment" (like a stock). I almost had to pay out on the appreciation of the XRP that occurred during the term of the marriage, but since I have never sold, and bought pre-wedding, the XRP was considered "a pre-marital asset". Therefore she had no rights to make a claim on the appreciation. It did become a potential issue that I had moved some XRP between wallets during the term of the marriage. I had several wallets with XRP in them from testing stuff for KarmaCoverage back in the day, and I consolidated them into a cold wallet during the term of the marriage. The XRP is still in my cold wallet, and since I never moved it from there, I could prove that ownership never changed, and that I had not sold, or cashed out. They were trying to say I was hiding funds, I wasn't. Then when they finally understood that it is a "Public Ledger", and that hiding stuff is impossible, that ended that bs. All and all I came out unscathed, and kept all my XRP . I even offered her $X, then she argued, and got 25% of $X, lol.
    4 points
  12. And so it begins! Looks like only RippleNet for the time being, not XRP, but the National Bank of Egypt is the largest bank in Egypt accounting for ~25% of of loans, deposits & foreign trade in Egypt. If this goes well, and XRP is deemed Sharia compliant, it could be huge.
    4 points
  13. Bitcoin + 3.92% Litecoin + 1.97% XRP - .64%
    4 points
  14. Frustration. Many of these we people measure success purely in what is happening today relative to other crypto, and are frustrated they have not become overnight millionaires but do not want to look under the carpet at the underlying factors. They are looking for someone to blame, so they come on to this thread and start spewing out their frustration.
    4 points
  15. Molten called for a bottom of .21 in December, and a test of .18 possible which we'd likely hold if it happened. Well, sure enough we tested .18 and held, and that has since been the bottom. I was looking to buy at that time and made two larger buys, one at .21, and another just below .18, both of which are sitting rather pretty now. Since then, we've been climbing which has also been called. Point being, hes been right so far more often then not. TA isn't perfect, but hes made some pretty decent calls so far, all things considered. Moltens contributions are greatly appreciated.
    4 points
  16. I don't know who you're saying this for (other than yourself) but you strike me as angry and pessimistic. Thus far, you've insulted Molten, been rude to Caracappa and now you're implying that everyone here is an idiot. If you disagree with the trade analysis you're welcome to make your own chart and share it here. After all, if we're all so horribly in enthralled with Molten's posts like you say, it's your moral obligation to rescue us with good facts and trade analysis. Contrary to what you might think, we're not all hopeless optimists here. We do however try to have good manners 🙂
    4 points
  17. Get out of here no bank will ever use that XRP scam coin Thanks @LeonidasH, good news are pilling up!
    3 points
  18. Just for some contrast to the above snapshot of the "anomalous event" I reported last night, here is what the morning's paired-books look like now: ( NOTE: The hourly volumes at Bitso today are massive - the low bars are at 1m, middle at 2, and top over 4m - see my wp page if you like )
    3 points
  19. There is no reality. And in the end both you and I could be right or wrong. Different point of view of the possible outcome. I hope (yes, hope) the crypto market will do just another fresh cycle of manipulated boom/bust because it by far is not ready for utility growth. But it is getting there closer and closer. Will it succeed long term? Who knows. Ripple is making progress as one of the few Blockchain companies, but not fast enough to the likings of some. Just to be clear, there were dozens of people with your view at the start of 2017 with exactly the same arguments. In 2018 many were gone (as did many positive guys, enjoying their wealth I guess) just to be replaced with new naysayers during the bearmarket in 2018 who just bought some recently. It's all cycles, even that. We will see who is right. Till then, I follow progress and hope it pays off. If not, it was a fun time and no big money is lost.
    3 points
  20. Over the years of monitoring these coins I’ve realized there is no value to these coins. No one will get their money back the system is rigged to take money not provide money. Look at XLM they burnt 50 billion coins which did nothing to the value of the token. Whenever Ripple dumps or Jed withdrawals it has no bearing. It also seems like any company on the verge of bankruptcy adopts XRP as a last resort thinking it will save the day when in fact any company invested in DLT just seem to be driven under. XRP has yet to assist any industry and comes with its own pain points (exchanges) just like the existing bank rails. XRP isn’t a silver bullet like 99%of the people on these forums believe. XRP is a pyramid scheme and Ripple sits at the top. We were all dreaming when we thought XRP would be an investment vehicle with massive returns. We are all in the same sinking boat.
    3 points
  21. Yep. Basically straight up loser mentality. Their posts are worth nothing. Trash.
    3 points
  22. @mouradski Thanks for the feedback, and most of all, thank you for designing the ODL utility scan website, it is truly a fantastic tool. I am aware that this USD-BAHT transaction is just a first step/test in view of fully opening this corridor. However, I doubt that the recently spotted transactions in from USD to various new currencies such as EUR, RUB, BAHT, JPY are all pure coincidences. I believe these are early test transactions which need to happen before rolling out the real volume. What we are witnessing are hopefully the tiny pre-shocks preceding the Ripple Earthquake that will unfold over the year.
    3 points
  23. Pump up this number: 4,6 Billion. Sauce: https://xrptracker.kka72.com/
    3 points
  24. @Ripple announcements are strategic, calculated, and very slow. Don't hold your breath. Remember they are building a new disruptive financial world and confidentiality and DNA's are the rules of this high stakes game. I do believe that Ripple is very close to a checkmate move that lock their place in the history books as the company that changed the face of BANKING and settlement forever. I also believe that the true story is being documented and will become a movie or docudrama after millionaires are made and new Billionaires hit the list of the worlds richest.
    3 points
  25. That sounds about right. Still hodling steady.
    2 points
  26. You should zero out your allocation to XRP as well. Go all in on DOGE.
    2 points
  27. I’m my personal opinion 28cents is a great exit point for xrp. I’m out very shortly. I’m contemplating BTC.
    2 points
  28. I get it , but that's some kind of frustration. I've been in XRP since 2017 , 3 years holding XRP and sold almost all in 2018 and rebought end of 2018-2019. The thing is XRP still perfoming badly , always. I hope it will change .
    2 points
  29. 2 points
  30. https://www.xrparcade.com/news/bank-asia-limited-a-ripplenet-member/
    2 points
  31. Guys, it takes a reasonable amount of efforts and patience to hold XRP as it trades sideways most of the time. XRP is probably the most boring DA out there. However you better get ready for epic appreciation and when (not IF, but when) it happens XRP will leave all (majority for sure) other DA behind in terms of % price growth. Its difficult to say when exactly will that epic XRP price growth commence, but my gut feeling tells me that it will be close to to BTC reaching its ATH (my guess is late 2020 - 1H2021). If you have a look at XRP price behaviour it was only once, in 2015 i guess, when it appreciated not linked to BTC run for its ATH. I agree with @Julian_Williams that adoption goes quite well, but it does not matter yet if we talk about XRP price rise. Jed's dumping will not matter during the next epic XRP price rise. What matters, as of today, in this wild market are: cycles, psychology of trading/investments and BTC ATH. That is it. When the next XRP price rise kicks in no one will moan about Jed or Ripple IPO or supply or adoption being slow or fast. Everyone will be nice and smiling here wishing good night to one another or asking how did you sleep at night, etc. I saw that in 2017 here. Stay calm and patient or sell otherwise. It looks like XRP investor has suffered the worst during the last couple of years. And yes: DYOR, do not invest more than you can afford to loose, have your exit strategy ready and stick to it. And yes 2: make sure your mind is not obnubilated by XRP price rise - i.e. do not wait for XXX pricing, don't get caught. Not a financial advise. DYOR. Cheers)
    2 points
  32. Everybody who is positive about his/her investment has a low IQ... So you're not invested in XRP anymore? You've been here since 2015 2013 apparently. If you did it right you would have made massive profits. Not a chance you would spend your time coming here. So what happened? Is this where the salt comes from?
    2 points
  33. Looks like Bitcoin has stabilized around $9,800 give or take. From now on it should be a non-event every time bitcoin breaks above $10k. I jumped the gun on the 50/100 Day EMA bullish crossing for XRP. It will happen today. In about 12 Days unless we get a big move - LTC 50 Day EMA will cross the 200 Day EMA.
    2 points
  34. Scout

    Settlement of Jed's XRP

    Just trying to add a touch of reality. People are being dragged along with the promise of seeing returns next week, month, 6 months, next year, next 3-5 years, 10 years. It’s ploy. We all fell for it and I am no better. The reason why I check back is not for price but to see if my exchange wallets have been hacked and I end up here watching the same people hanging on to a lost cause. This is not a stock market.
    2 points
  35. Mitty

    LBA discussion

    A couple of bits of news. The LTC foundation has announced Cred as its "strategic partner for borrowing and earning" https://litecoin-foundation.org/13731-2/ This is one of the bigger partnerships they have announced and should definitely generate awareness of Cred and its services. A few articles have popped up on the back of this announcement https://decrypt.co/18904/litecoin-foundation-teams-up-crypto-lender-cred-for-loans-service?utm_source=twitter&utm_medium=social&utm_campaign=auto http://www.prweb.com/releases/litecoin_foundation_partners_with_cred_to_offer_financial_services/prweb16885498.htm https://www.financemagnates.com/thought-leadership/crypto-lending-has-come-a-long-way-but-the-best-is-yet-to-come/ https://cointelegraph.com/news/litecoin-foundation-partners-with-cred-to-let-holders-earn-interest An interview with Dan Schatt CEO of Cred https://cointelegraph.com/news/watch-bitbull-capitals-joe-dipasquale-and-ftxs-sam-bankman-fried-talk-crypto Not a bad read with some interesting insights into crypto as a whole. This article is a few days old but not bad. Regarding Cred in general and how their services work. https://blockonomi.com/cred-review/ current price: $0.0237 current CS: 638,523,897
    2 points
  36. I think this is a good point. I have wondered the same. I think the answer is that a few hundred million is actually very significant for stabilising down push - see Nicolas Steiger / Flash-FX thread and @JASCoder tracking. Whale dumps become bargain buying opportunities for Market Makers to soak up, hence reducing downward volatility on XRP which has been one of the biggest drivers causing XRP to lose value against BTC Secondly banks will join in using the corridors opened up for the remittance industry. ODL facilities are being plugged into the banking payments whole network, so a payment goes on old rails to Bank of Singapore and then is shot to its destination in Vietnam or Thailand via ODL. One of the big Ripple projects announced at Swell is the integration of the assorted APIs between financial industries - say Visa and HSBC are working on incompatible Api languages - all this is being integrated on the Internet of Value. Nicolas also says local banks are using his ODL facilities on Flash FX I am sure someone like @Tinyaccount will be able to explain this technical stuff i hardly understand myself much better?
    2 points
  37. Interesting ATH hourly high just past - 4.5m XRP volume in one hour at Bitso - and if you view the BS volume - you can see the massive purchase. The price at BS seemed to keep resetting, check it out : (note, this might have been some kind of coordinated stress testing... Remember that hourly figure - 4.5m)
    2 points
  38. She sounds lovely. Congratulations on your newfound freedom.
    2 points
  39. Someone on Youtube stated this exact situation. So I drew up a "what if" scenario.. Let's dig into this a bit... "re: The problem is that the same token will be for sale after 4 seconds " ODL payment is initiated on exchange A. Market maker sells XRP to ODL. The XRP received is attached to payment message and sent to recipient exchange B. That amount of XRP has left exchange A. How is market maker on exchange A going to get back his XRP from exchange B, so that he can recycle it? 1) Is he going to ask exchange B to simply send it back to him? This ain't monopoly money we're dealing with. 2) Exchange B also have market makers. Are they going to just "send back the XRP"? This ain't monopoly money we're dealing with. Exchange B market maker, might ask for a higher xrp price sell back to Exchange A market maker. But then this wipes out Exchange A market makers tiny tiny profit off ODL transaction!! Both sides, market maker are "in it for profits". This isn't charity here. How is this XRP going to get recycled? What do you think?
    2 points
  40. Thanks for all of your work, Molton. Your posts are the ones I am most eager to read here!
    2 points
  41. Unsubstantiated theories. Ripple has supposedly been close to check mate for years now.
    2 points
  42. It only dropped below 10k to take out all the stop losses. Should see 12k in a month. March 10th :-)
    2 points
  43. I read this as "I kept choosing black on the roulette wheel, but lately in choosing red I've picked more winners lately".
    2 points
  44. Back from the grave 6 month ago. BTC is now 10k XRP 27c. Lol..
    2 points
  45. I already did brah. Made some good gains in the past week, glad I did. 🐶
    1 point
  46. Probably no whale. Just the last two days the bots cleared out the stop losses and now it’s back up.
    1 point
  47. You don't know for sure if the price of xrp will go up from utility. It's still a gamble you're speculating that it will, but it might as well just function perfectly fine around 1 or maybe even lower.
    1 point
  48. Depends on what kind of bias view you want to project!
    1 point
  49. The only differencs now is that the BTC halving is in 90 days. That is the biggest catalyst for a bullmarket since crypto’s inception while BTC profits are being re-allocated to alts also usually happens around this event. So I understand your viewpoint and it could be true, but it also fits the disbelief narrative perfectly while the market is moving opposite to you fears. The bearmarket has to end sometime, unless you think crypto is dead and gone.
    1 point
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