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Showing content with the highest reputation on 10/09/2020 in all areas

  1. This is great stuff, still reading!! This should... This process is very similar to the process I was thinking about for creating Options on XRPL but without needing a non-XRPL smart contract platform. I think this is sort of the main point, which would take advantage of XRPL's natural Auto-Bridging and Pathfinding features and one would think bring more Utility Value to both XRPL and Flare networks, because Flare network does not have to preform the Pathfinding function that XRPL already does. This enables IOUs to be as Trustless as XRP on the XRPL... that is a
    8 points
  2. I think this is wonderful news. Like that using the ODL product, Ripple has finally found a way how to fully unleash the power of their 45B XRPs. The effect can only be positive on ODL use and XRP usefulness. Long term definitely very positive on XRP price and short term I am not so sure how it will be played out, but my guess is that once this line of credit product is available, we will start to see the price steadily going up. Ripple has a team of devoted and motivated professionals of various crafts and this is what makes the company a true and only winner.
    5 points
  3. This is pretty. Finally, some action. Should be a nice break out.
    5 points
  4. https://flare.ghost.io/closingthecircle/ A proposal on how to issue and redeem assets from Flare on the XRP Ledger in a trustless manner.
    4 points
  5. Your best hope is a BTC bull run. No utility necessary, easy profits. Thats my hope anyway. If that doesn’t happen, it’s the long haul waiting on utility.
    4 points
  6. Eric123

    Epic Pennant on BTC Chart

    Bitcoin is breaking above the Down Trend Line it has been in since August 17th need a close above $10,950 it looks like to close above the downtrend. The price is breaking up through the Bollinger Bands now. Is this the move? Maybe it would need I'd day at least 3 big green days to complete the breakout of the slump it has been in. Hash Rate is at an All time High.
    4 points
  7. ^ This Why? Because banks and Custody firms already know that business model and the various monetization strategies that can be deployed based upon the core service offering of Custody. How to you strategically out preform an incumbent industry? First create a new one, Crypto. Second take advantage of the feature set the new tool/industry can do that the old couldn't. I find it amusing that so mush buzz has been built around "trustless" distributed/Blockchain stuff. I'm amused because I see that as, everyone getting excited for the most simple thing the new tool can do. Also,
    3 points
  8. ETH just joined the party, break out of a long-term resistance.
    3 points
  9. Breakout confirmed with a nice follow through candle. Don't expect much more upside today because BTC pierced the upper Bollinger Band and the RSI is overbought on the hourly. Sideways movement until we hit the MA20 on the hourly and then next leg up. I have a target of at least $12k on this break out, timing still very favorable on the daily cycle.
    3 points
  10. I see that Bitcoin has broken 11k . Fingers crossed the mini bull breakout develops legs!
    3 points
  11. A chance to revive the idea of xPool....?
    2 points
  12. Mitty

    LBA discussion

    Also of note is LBA is back up 1% to 6% from 5%.
    2 points
  13. Can this be considered to be an alternative to Swift's nostro-vostro accounts? Imagine having one "nostro-vostro" account that supports multiple currencies and doesn't need prefunding. The account starts with a zero balance and is able to send and receive money through ODL. The delta between debit and credit operations will result in a positive or negative balance. Positive balances will be paid out to the customers, negative ones will need funding on a daily/weekly/monthly base.
    2 points
  14. Ripple has changed their targeted customer base strategy within the last few years. As well as a lot of this heavily relies on knowing the banking structure in the US, which makes it challenging to following. It seems like Ripple didn't even fully understand this banking environment until recently. Ripple previously targeted selling their products and services directly to larger banks and financial institutions, which was foolish. They wasted time and money doing this. The larger banks and financial institutions already have their own competing products against Ripple's RippleNet, which th
    2 points
  15. Tokens within tokens within tokens. It's tokens all the way down. It's tokenception.
    2 points
  16. The oscillations are beautiful...frequency and amplitude are diminishing by roughly half each cycle. I am looking for btc to break to the upside around Oct 9th...
    2 points
  17. https://flr.finance/#Home The platform is still being built on the Coston TestNet. The short paper and other documentations will be available later on, as well as the information about their team on their website. Hugo Philion @HugoPhilion (CEO of Flare Network) talked with their team and liked the idea. Below you can see Flare Network tweet regarding Flare Finance: Also Hugo from Flare Network yesterday: Flare Finance target market is XRP (and other crypto) holders seeking to diversify access to financial products that become p
    1 point
  18. https://ripple.com/insights/fund-instant-cross-border-payments-with-a-line-of-credit-from-ripplenet/
    1 point
  19. Nope, When you pick a fight, you pick a fight with the biggest around, SWIFT! In that fight your small, but skilled, You whack him one in the chin, MGI, a light stun. Then you quickly bounce around the crowd, looking for your seconds, it gets foggy, you threaten his seconds and the spoilers step in, VISA, PAYPAL. Now your fighting three at once! You untie your right arm, there's a tatt on it, XRP! LOC! Now there is madness, the seconds are fighting each other, the crowd is jostling in, it looks like an all-in. A trumpet sounds, you holler "To Me All! Your allegiances are waned! To Me All! To M
    1 point
  20. https://heraldsheets.com/ripple-delves-into-lending-with-xrp-credit-lines-to-fund-global-payments/
    1 point
  21. Zedy44

    LBA discussion

    Yes definitely one drag for cred is the lack of an app or even a high quality web interface. I’ve always disliked the cred interface it feels extremely cheap / overly simplistic (probably because it is), but I trust in the team and I like the product so it doesn’t matter much to me. For broader use they will absolutely need a polished interface and a high quality app.
    1 point
  22. faz

    LBA discussion

    i wish they would bring an app out similar to celsius and crypto.com price would probably skyrocket .
    1 point
  23. Honestly, I don't see a clear direction about what Ripple want to do next ? What kind of customers they gonna serve ? Bank or SME ? What market ? Big or small payment? The purpose of ODL now is for what with that low volume ? What kind of investment that Xpring doing (now RippleX) ? So far so good ? Maybe that's just me. But will appreciate if someone smarter than me can explain more about what Ripple doing good in the past 2 years ? Thanks
    1 point
  24. Chris also expressed frustration over BTC, Eth getting the nod from Gov but not for Xrp. This also has a strong influence on the price.
    1 point
  25. Guess you didn’t read the article and the comments? Currently Pick the mic back up.
    1 point
  26. I don't think Chris Larsen knows what influences the price any better than most of the people on this forum. At best it's an educated guess. Even though each buy order is matched with a sell order, I have to think that increased use and improved liquidity are a plus for XRP's price.
    1 point
  27. True. And yet the white knight brigade keep leaping in with a firehouse to cool down any discussion that might say anything good about the prospects of XRP. (Not speaking to this discussion... just a general observation). Seems overkill to me.
    1 point
  28. Zedy44

    LBA discussion

    Just wanted to post an update regarding current interest rates. They really boosted all stable / fiat rates big time in the last few days. The UPUSD (which I've been using exclusively for months) is at a whopping 13%! You can eek out another .5% or so if you go for daily compound interest, but personally I use simple interest to maintain monthly payouts. Completely unsustainable rates, but you can lock a 6 month rate in on the 15th and I doubt you'll find a return like that elsewhere so easily. These should come right back down in the next 30-60 days. (premium rates with 10k LBA
    1 point
  29. Agreed - it's a road to ruin trying to catch a run before it happens with the amount of volatility right now. @Ed2376 - Welcome to XRPChat! There are sub-forums here dealing with market analysis and predictions galore: https://www.xrpchat.com/forum/62-topics/
    1 point
  30. Hello and welcome. Honest opinion - Ignore all predictions! If you believe Ripple/XRP will gain adoption 5, 10 or 20 years into the future, buy and hold. Short term, not a clue. Your guess is as good as anyone’s
    1 point
  31. More of the same for Bitcoin's price. Still in the same range, the Bollinger Bands Continue to Tighten, Bitcoin's Hash Rate is at the 12th highest ever and Bitcoin spent another day above $10k. The waiting continues. @Quadripple Thanks. As far as I can tell with XRP the chart really doesn't tell much. I really just waiting for XRP to get dragged along in Bitcoin's next bull run. Charting the Course of XRP - is a popular thread that addresses XRP charting it. Personally I don't think XRP has established any patterns of it's own independent of Bitcoin.
    1 point
  32. Eri says BitKub have announced that the Thailand to UK corridor is now OPEN! 6mins in
    1 point
  33. It has nothing to do with "first mover advantage". Google didn't have first mover advantage, they were not the first service/company to offer search functionality. It is also not THE info/item/asset... but it is the identification of the Route through the Network which is the functionality that becomes so valuable once monetized. Examples : Google Search finds the best path/route through the internet to find you the info that you want. They monetize this via Ads, so they place the ads along the path/route and get paid to do so by those who want to be along the path.
    1 point
  34. Yeah, saw that on Twitter earlier today as well. For those who care, here's the link to the WIPO Polysign patent.
    1 point
  35. saw an interesting alleged polysign patent on twitter earlier which seemed to involve facial & vocal recognition as some kind of authorisation.....
    1 point
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