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  1. 56 points
    Hodor

    Cessation of the Hodor Blog

    Final message! XRP Chat is where it all begin, so it's fitting that for this avatar, it's where it ends as well. It's been a journey with countless twists and turns, and try as I might, all the details have melded into a chorus of voices of the XRP Community, who, at their core, are all pushing for the same thing: Change. Sometimes I wonder how members of other coin tribes feel about the project they're supporting. Does it inspire them? Do they believe in it past their surface financial goal of 'getting rich' off of it? Because, for XRP, it's more than just a 'good stock pick;' XRP represents the technology that delivers on Bitcoin's promise, without the environmental destruction. Without the limitations of scalability ... and so much more that I have to resist reneging on my decision for one more, long, convoluted rant! You get the picture! We're here for the investment (XRP), but we're also here because we believe in the Internet of Value, and pushing this technology forward. It can change the world for the better, and not just as part of a slick corporate advertising campaign; when people can send money to their family in seconds instead of days, it can significantly improve lives for millions of people. And just look how the XRP is changing the face of crypto communities, with its teamwork, awards shows, clubs, social media presence, and charitable fund-raising. These are all extraneous to the IoV and XRP, but they also work to give us a legitimate feeling of community. And with the developments in the last month, my right-brain, intuitive side, which normally performs a lesser role in my day-to-day activities than my methodical, step-driven left-brain side, took the reigns and decided to make a key decision; how do I want to contribute going forward? I could continue to struggle to cover all of the increasing onslaught of news items, or I could turn and survey the growing ranks of our collaborative team of supporters and let somebody else 'take a turn' at the front. I could take up a keyboard and mouse once more, but this time to create new websites and applications. Ah well, I'm getting repetitive of the content in the blog. My apologies for being temporarily self-indulgent, but I know my companions on the forum will not judge me harshly about my last post. At least I hope not. Hope to be back soon, with some announcements of a new project of my own!
  2. 51 points
    LeonidasH

    Swell summary for the XRP community

    https://www.xrparcade.com/news/swell-summary-for-the-xrp-community/
  3. 32 points
    Alex Cobb 24/7 ODL Transactions Alpha version Here is a preview of the stream The info displayed (in this version): Transferred amount (in XRP, USD) From exchange - To exchange Likelihood it is an ODL batch of transactions 24 hour volume and number of ODL batches For now, it seems Ripple is merging many small transactions into batches of 40k XRP transactions. So, as of now, it takes a little while to see those batches showing up on screen, because of the current volume on Bitstamp, Bitso and Coins.ph. Every 15 minutes or so, a new batch of 40k XRP ODL shows up, at the time of writing this, the first day of this stream. This is by no mean a representation of any pattern for any given day. Sunday was very active compared to Monday for example. It is likely we see the pace getting faster as time goes by. This stream will be live 24/7, Alex Cobb will still stream on normal hours as this one will be running on the side. As additional tools, you can check Volume (Bitstamp to Bitso, Bitstamp to Coins.ph) https://public.tableau.com/profile/hmatejx#!/vizhome/xRapid_search/xRapidtrafficTag and Bitso Liquidity https://docs.google.com/spreadsheets/d/1pZ2POpljERK-oV3rusaCmq58U2badn5i9WOCIP9Wtmg/edit#gid=1888946776 _____________________________________________________________________________ Edit to show some of the bundles _____________________________________________________________________________
  4. 26 points
    The future of banking ?
  5. 26 points
    LeonidasH

    XRParcade Ripple ecosystem updated

    XRParcade Ripple Ecosystem infographic updated. You can view more information about each entity at: https://www.xrparcade.com/rippleecosystem/. New additions are always added at the bottom of the page.
  6. 25 points
    stickmonster

    Suggestion: Burn 50 billion XRP

    BOOOOOOOOOOOOOOOM! Great idea. How about you set the example and burn yours first?
  7. 22 points
    The XRParrot has done it! After logging quite a few flight hours across Europe officially since November 16th 2018 (not counting prior test flights 😬), it has been confirmed by Wietse Wind that yesterday morning the XRParrot has passed with flying colors (literally) the milestone of moving €1 million (approx. US$ 1.11 million at today's EUR/USD exchange rate) and converting them to XRP on-ledger. All of this in less than one year, including BETA phase. Congrats to Wietse!!! Check out my Coil post on this awesome achievement! https://coil.com/p/moncho/XRParrot-flies-past-the-1-million-milestone-/DOKaqPUNI
  8. 20 points
    Live4xrp

    USD-PHP corridor becomes active

    https://utility-scan.com/#/dashboard
  9. 19 points
    Stedas

    Ripple in numbers (facts and stats)

    Ripple in numbers (infographic) http://stedas.hr/infographic-ripple-in-numbers.html The 3rd annual Swell by Ripple conference is over. It shows that 2019 was an unprecedented year for Ripple for growth: 300+ customers 2-3 new customers per week 10x year-on-year growth 70+ payout countries on 6 continents 10 offices worldwide over 25 ODL customers This infographic shows the most important facts about Ripple and ODL (Od-Demand Liquidity). SHARE ➡️ http://stedas.hr/infographic-ripple-in-numbers.html #fintech #blockchain #crypto #infographic #XRP #ripple
  10. 19 points
    QWE

    Suggestion: Burn 50 billion XRP

    Honestly, I would much rather see Ripple keep the amount they have and continue slowly distributing them to the market. If they burn their supply, their incentive to keep working on XRP ecosystem becomes much lower at this point in time, when XRP is not widely used out there. For now Ripple is using the XRP to grow that ecosystem. I would, however, much rather see the amounts Jed McCaleb and Chris Larsen supply be burnt. This is one of the few mistakes I believe XRP creators did at XRP genesis and later when donating to the company that is today known as Ripple – keeping too much of the supply to themselves as individuals. Both have billions of XRP available, which is way too much for a digital asset that is meant to be a bridge currency on a worldwide scale. Especially since one of them continues to deliberately sabotage XRP and the other mysteriously vanishing from the public, arguably bringing nothing to the XRP ecosystem in the foreseeable future.
  11. 18 points
    I started in the telecom industry in 1982. The telephone systems and wiring were so proprietary and tough but extremely simple for those lucky enough to have mentors or teachers to help them with this old school mechanical stuff. I started learning on several new and unique ways in telecom from mechanical to digital then on to packetized voice or VoIP. Those in the telephone company and many others often stated "The phone Companies will NEVER use VoIP technology". I left the phone company and worked as a consultant to CISCO and assisted during the disruptive stages, I worked with Business Development team and engineering teams as we presented to governments and schools. We pitched the technology everywhere we could. The TECH got better and better, our pitch got better and better and the "old school" telecom guys started getting worried. This technology was not within their knowledge base of understanding. This new technology was IP based and data technology was a whole new world. Some studied and learned and came along. Many did not but kept jobs working the old tech until they could retire. Point is, the packetized Internet of Value (IoV) is exactly like the disruptive technology that took over in the world of telecom. Go ahead Banks....sit back and ignore it, I assure this tech is superior to what you know to be true today. Don't adapt? Then die a slow death. AMERICA, what are we waiting on? The rest of the world is embracing and working in and through regulation to keep the innovation moving in a healthy direction. Don't Adapt? Then die a slow death....because the world of FINANCE is in the stages of disruption. Its inevitable, this is new tech that will change the financial world as we know it. Write it down, it is upon us.
  12. 18 points
  13. 18 points
    iLeeT

    Suggestion: Burn 50 billion XRP

    Burning 50% of the supply might cause an enormous pump and push us to .31c so I'm all for it.
  14. 18 points
    Found this Job Posting while looking through Indeed, what caught my eye was this statement in the post "What will you contribute? Integrate Ripple Block Chain solution into Total Messaging" https://dh.wd3.myworkdayjobs.com/en-US/DHC/job/Manila/Software-Engineer---Java_REQ0919_0012942?source=Indeed.com
  15. 18 points
    jbjnr

    Tracking XRapid usage

    I track transactions on all corridors on a daily basis and there is certainly an increase to the philippine and mexico exchanges. I was somewhat surprised by the distribution of payments. For example potential xRapid payments in the range $10k to $100k look like this. Now that is far larger than I had expected in terms of individual transaction sizes (for remittances), but clearly MGI are using this as a way of keeping their vostro accounts topped up, on demand to allow payments when needed. The term ODL has indeed been chosen well. Rather than do every payment over xRapid, they can simply keep accounts topped up continuously. The liquidity graphs that are posted here repeatedly don't really mean anything important. They are a useful metric of volume, but as an earlier poster mentioned, you're probably better off just tracking volume directly rather than the synthetic index derived from it. It tries to smooth out variations caused by pump'n'dump and massive volume surges, but just taking a rolling average of the volume is an equally valid approach. I can try. Based on my own modelling, I believe we will not see a significant impact on prices until we are in the hundreds of millions of $ xRapid traffic daily. It depends on many variables which I do not know the trues values (or range of values) for . Unfortunately, I have not done the maths rigorously enough to be able to pin it down properly and I have not attempted to update my models for some time. The daily plotting of traffic along my suspected xRapid corridors is gradually building up useful data - particularly as you see aug-now is looking very good in terms of a gradually increasing level of traffic. I am very much looking forward to MGI financial reports over the next year or so which will indicate whether this is going to be a global success and potential disruptor of the entire cross border payments system (I obviously already think it will hapen or I wouldn't waste my time doing this and posting here). If MGI start posting improved profit margins and lower costs, the adoption and potential institutional fomo might well change everything. Disclaimer: the graphs and data presented here are based on my own speculation about what are, and are not, valid xRapid transactions and may be inaccurate.
  16. 17 points
    PunishmentOfLuxury

    Coinfields XRPL Project

    It would help if mods were much harder on the trolls. There are members here whose clear purpose is to throw negativity and misinformation around and hope some of it sticks. I'm all for constructive criticism of Ripple and XRP and most of us don't want an echo chamber, but these trolls are just here to annoy and destroy. I've been on this forum for nearly four years (and XRPtalk before that) and this is the worst it's ever been, by far. So many quality contributors have left. It's time for persistent trolls to be banned.
  17. 16 points
    https://www.ripple.com/insights/swell-2019-moneygram-ceo-says-10-of-transactions-between-mexico-and-us-use-on-demand-liquidity/?utm_source=twitter&utm_medium=organic_social
  18. 16 points
    Panopticon

    Suggestion: Burn 50 billion XRP

    What Stellar did only shows desperation and an attempt to pump the price. I do not think there is a need for XRP to burn. If Ripple succeeds into making XRP global bridge currency 100 Billion will not be even remotely enough for the demand. But that will take time, and by time I estimate 3 to 8 years. As long as they keep making steps that lead to adoption, I am willing to wait.
  19. 15 points
    aavkk

    Q3 2019 Market Report

    This was my favorite take away from the report and very bullish: "Ripple customers live with ODL, including MoneyGram and others, increased by 75% last quarter and dollar volume on ODL increased more than five times from Q2 to Q3. In addition, Ripple announced its acquisition of team Algrim to support the ongoing development of ODL. To keep up with strong customer demand, Ripple is rapidly expanding its team on a global scale—Iceland will serve as one of Ripple’s engineering hubs with plans to bring on more technical talent in Europe." While at the moment were probably taking 5x a very small number it doesn't take many quarters of 5x type growth for the world to take ACTION, not just notice. I can't wait to see MoneyGram's Q4 report in late Jan/Feb.
  20. 13 points
    Molten

    Charting the course of XRP

    We got goosenecks y'all.
  21. 13 points
    Four U.S. regulators joined the Global Financial Innovation Network(GFIN), an international alliance of government regulators led by the UK’s Financial Conduct Authority(FCA) seeking to bolster the future of fintech. https://cointelegraph.com/news/us-financial-watchdogs-join-uks-global-financial-innovation-network https://www.coindesk.com/us-regulators-join-global-fintech-development-alliance GFIN was founded by FCA. It looks like U.S. regulators seem to be trying to match the UK ’s Financial Conduct Authority (FCA) final guidance. ※ UK’s Financial Conduct Authority(FCA) published its final guidance defining which crypto asset activities it regulates. An accompanying press release from the FCA lists XRP alongside Bitcoin and Ethereum as digital assets that the agency has declared are exchange tokens, which fall outside of the authority’s “regulatory perimeter.” https://dailyhodl.com/2019/09/29/ripple-touts-uks-classification-of-xrp-as-exchange-token-and-not-a-security-calls-for-increased-crypto-clarity/
  22. 12 points
    It is exactly these ‘illiquid corridors’ for which Ripplenet with On Demand Liquidity (ODL with XRP) is a game changer. The developing countries and unbanked who have largely been excluded from the ‘international financial dinner table’ will now be able to participate. The level playing field is still in its infancy but it is becoming a reality with every bank, institution, company and unbanked entity joining this new reality. With the support of the XRP army, Ripple and its partners will succeed in this quest for a better world.
  23. 12 points
  24. 12 points
    Moneygram confirms that right now 10% of their Mexican Peso volume is going through XRP. That's actually significant.
  25. 12 points
    Molten

    Charting the course of XRP

    This is what I have for XRPBTC... everything looks good to me.
  26. 12 points
    Firstly I agree that Ripple are actively attempting to rise the price of XRP. I think they made this decision about three months ago. I think they are doing this because a higher price will give more ODL on the exchanges for XRapid customers I am sure that they bought Bitso for a strategic reason I would like to draw your attention to this screenshot Bitso liquidity index today. I have been watching this closely and thought I saw a pattern whereby the volume rises from about 23 of the month and peaks about the 14th of the following month and then rapidly drops off. I thought this pattern represented a bulge of end of month pay-cheques being sent home on XRapid. This month the volume started to rise on about 23rd and reached new peak on the 14th, but instead of dropping off it went on rising and rising, and it now on the 20th seems to be accelerating to new highs. Today is not finished, so the final figure for today might be even higher. This is very interesting and unexpected. live Liquidity index link: https://docs.google.com/spreadsheets/d/1pZ2POpljERK-oV3rusaCmq58U2badn5i9WOCIP9Wtmg/htmlview#gid=1888946776
  27. 11 points
  28. 11 points
    Eric123

    Charting the course of XRP

    XRP still dancing below the trend line. 50 Day EMA and 100 Day EMA look very similar to Bitcoin's EMA and similar volume is decreasing. I expect Bitcoin and XRP's prices will move in similar fashion. Big move, Big volume. Break and "close" above .304 - could, should, will set this off. SWELL is set for tomorrow and Friday in Singapore. No live streams and no flashy key note speakers, seems like this year is a more serious affair. Hopefully serious business is announced.
  29. 11 points
    Benchmark

    Suggestion: Burn 50 billion XRP

    I think it's premature at this moment when we have not even scratched the surface of real world utility of RippleNet. Down the line, who knows if it will be a good idea.
  30. 11 points
    AlejoMoreno

    Charting the course of XRP

    @Caracappa @Plikk Just ignore him. Don't feed the trolls. He gets excited when he gets attention like this. A lot of us appreciate people that go through the effort of doing TA because it helps provide some insight into what is going and because we have no interest in doing it ourself. It also sparks interesting conversation between opposing viewpoints.
  31. 11 points
    Eric123

    Epic Pennant on BTC Chart

    As we all know Bitcoin's halving is coming up in 7 months May 14. 2020. https://www.bitcoinblockhalf.com/ January 3, 2009 Bitcoin's Genesis block (Bitcoin is a Capricorn, just like me) no price until October 5, 2009 at which point $1 = 1,309.03 bitcoin so about $.00076 November 25, 2012 First halving price $12.46 July 9, 2016 Second halving price $663 53x price of first halving May 14, 2020 Third halving. ? 53X the price of the last halving gives a price of about $35,000, which seems about right to me. The price appreciation is decelerating but to what extent is uncertain. We certainly won't see 53x continuous growth otherwise in three more halvings we have a prices of $100 million then $5billion per coin which is beyond even the most unrealistic estimates. But we are still early enough in the adoption to see robust growth for the time being.
  32. 11 points
    Eric123

    Epic Pennant on BTC Chart

    I don't think BTC surpassing the ATH will exhaust anything, in my opinion that's when the bull market will begin. If trends follow there should be a gradual increase after that ramping up into a parabolic move to dwarf the last one and the bull market should last over a year. During the bull market I think most alts will appreciate along with Bitcoin. Although I think XRP will move up when Bitcoin does, I don't think that XRP has to wait for Bitcoin. XRP can really move at any time and I wouldn't be surprised to see a 10x XRP move ahead of all the ALTS.
  33. 10 points
    dr_ed

    Charting the course of XRP

    I love our moderators. They do a good job and seldom get thanked. So....thanks. Thanks a lot for what you do for us hodlrs.
  34. 10 points
    AlejoMoreno

    Epic Pennant on BTC Chart

    @ManBearPig @eggsarepeas Let's not speak of price using bananas as units. Don't need to add yet another thing to my head that I need to remember and convert.
  35. 10 points
    SBI公式ニュースリリース https://translate.google.co.jp/translate?hl=ja&sl=ja&tl=en&u=https%3A%2F%2Fwww.sbigroup.co.jp%2Fnews%2F2019%2F1030_11710.html About PayPay As of October 2019, the number of registered users is 15 million in less than a year from the start of the service. The number of member stores has exceeded 1.5 million, and the cumulative settlement has exceeded 170 million times. PayPay has become a famous payment application in Japan thanks to this CM and 10 billion yen gift campaign.SBI CEO Kitao previously said he was considering integrating future XRP payments into Money tap. Paypay may also be integrated with XRP payments in the future.
  36. 10 points
    Julian_Williams

    We're all idiots

    I reassess assumptions when I find reasons, and I am always on the look out for reasons. Ironically I find no reasons in your blunt response to make a reassessment, just an assertion that you know something better than I do. I gave you the benefit of the doubt, and trawled through your previous posts. They are all the same assertions that you know any investment in crypto will never go up at the rates it went up in 2017. You repeat this assertion again and again as a fact, like a parrot repeating a learnt phrase. Your posts never showing any inclination to engage intellectually or apply reasoned arguments about why you know this, and again and again you accuse others for being stupid for not agreeing with you. Anyway from the evidence so far I have made the reasoned assumption you are the only idiot and probably malicious, pig headed and a bit dull too. Unfortunately I will not be revisiting my assumptions as I have "user ignored" your crass contributions to debate.
  37. 10 points
    QWE

    Conversation with a whale

    @jbjnr, thanks for pitching in with a well argumented post. Although I agree bots play a significant part in price changes, I will write a longer post on why I don’t agree whales are “illuminati” or something made up, but do exist, regularly operate and manipulate both crypto and traditional (commodities, securities, etc.) markets. The examples are supported by citations from (hopefully) trustworthy sources. This post serves to hopefully forever diminish doubts that all markets in the world are manipulated – people regularly get convicted on courts for it. In order to manipulate the market, you must own large sums of resources (cash, commodities, securities), otherwise you cannot make a dent in the market. Or, in other words, you have to be a “whale”. Traditional markets have always been manipulated by investors with large resources. Example: “[Hunt brothers] had for some time been attempting to corner the market in silver. In 1979, the price for silver (based on the London Fix) jumped from $6.08 per troy ounce ($0.195/g) on January 1, 1979 to a record high of $49.45 per troy ounce ($1.590/g) on January 18, 1980, which represents an increase of 713%. The brothers were estimated to hold one third of the entire world supply of silver (other than that held by governments).” Source: https://en.wikipedia.org/wiki/Silver_Thursday Traditional markets are still being manipulated by investors with large resources. Example: “Three JPMorgan metals traders charged with market manipulation US prosecutors have charged three JPMorgan metal traders with a “massive, multiyear scheme” to manipulate markets and warned they were continuing to probe higher echelons at the largest US bank. They placed orders they intended to cancel before execution in an effort to “create liquidity and drive prices toward orders they wanted to execute on the opposite side of the market”, it said.” Source: https://www.ft.com/content/2d7be5a6-d87a-11e9-8f9b-77216ebe1f17 The phenomenon of market manipulation is so widely accepted as a fact, that even FBI warns against “pump and dump” on their official website. “Market Manipulation (“Pump and Dump”) Fraud Market manipulation fraud—commonly referred to as a “pump and dump”—creates artificial buying pressure for a targeted security, generally a low-trading volume issuer in the over-the-counter securities market largely controlled by the fraud perpetrators.” https://www.fbi.gov/scams-and-safety/common-fraud-schemes/market-manipulation-pump-and-dump-fraud Cryptocurrency markets are no exception to manipulation. With an absence of clear regulation and illiquidity, they are a perfect target for manipulation. Example: Remember Bitcoin’s sudden ascend that started at just above $3k in April/May this year and topped out at about $13k? As it turns out, there were 3 large orders placed on Coinbase, Kraken and Bitstamp. “Bitcoin jumps 20 percent, mystery order seen as catalyst. Today’s gain was probably triggered by an order worth about $100 million spread across U.S.-based exchanges Coinbase and Kraken and Luxembourg’s Bitstamp, said Oliver von Landsberg-Sadie, chief executive of cryptocurrency firm BCB Group. “There has been a single order that has been algorithmically-managed across these three venues, of around 20,000 BTC,” he said. “If you look at the volumes on each of those three exchanges – there were in-concert, synchronized, units of volume of around 7,000 BTC in an hour”.” Source: https://www.reuters.com/article/us-crypto-currencies/bitcoin-jumps-20-percent-mystery-order-seen-as-catalyst-idUSKCN1RE0JY I would argue this is a perfect example of market manipulation that was assisted by bots, but not triggered by them. If you can offer a different view on this remarkable amount of cash injected into the market, I’m all up for a debate. With poor KYC and non-existent regulation, it will unfortunately be impossible to ever prove or prosecute the manipulator(s). Manipulation tactics in traditional markets and cryptocurrency markets are exactly the same. Example of spoofing in commodities: A JPMorgan Chase & Co precious metals trader pleaded guilty to spoofing, or placing bogus trade offers, on Tuesday, when he also resigned as an executive director at the bank. Source: https://www.reuters.com/article/us-jp-morgan-spoofing-plea/jpmorgan-metals-trader-pleads-guilty-to-spoofing-resigns-from-bank-idUSKCN1VA28L Example of spoofing in crypto markets: Honestly, just open www.cryptowat.ch and check market orders on different cryptos. There are huge buy and sell walls that disappear and reappear as the price moves around. These are obvious spoofing orders, and even Department of Justice is taking note: “U.S. Launches Criminal Probe into Bitcoin Price Manipulation” Source: https://www.bloomberg.com/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe Example of investors with large resources in traditional markets: De Beers: “From its inception in 1888 until the start of the 21st century, De Beers controlled 80% to 85% of rough diamond distribution” Source: https://en.wikipedia.org/wiki/De_Beers Hunt Brothers: “The brothers were estimated to hold one third of the entire world supply of silver (other than that held by governments)” Source: https://en.wikipedia.org/wiki/Silver_Thursday Example of investors with large resources in cryptocurrency markets: Winklevoss twins In April 2013, the brothers said they owned nearly 1 percent of all Bitcoin in existence at that time. Source: https://en.wikipedia.org/wiki/Winklevoss_twins Others are staying out of the spotlight for obvious reasons, but a quick look at Bitcoin wealth distribution reveals there are a few large players in the game: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html This post is already lengthy, so I will stop citing examples here, but feel free to challenge me in providing examples on any form of known market manipulation and I’ll find it for both crypto and traditional markets. Here’s a few to get you started: Churning – when a trader places both buy and sell orders at the same price. The intent is to churn up the trade volume, making the stock look more interesting to other investors, and thereby increase the price. Painting the Tape – when a group of traders creates activity or rumors to drive up the price of a stock (also referred to as “Runs” or “Ramping”). Wash trading – selling and re-purchasing the same security or substantially the same security to generate activity and increase the price. Bear raiding – attempting to push down the price of a stock by heavy selling or short selling. Cornering (the market) – purchasing enough of a particular stock, commodity, or other asset to gain control of the supply and be able to set the price for it. Insider Trading – when insiders with important confidential information about a company take advantage of that knowledge to make a profit or avoid losses by buying or selling their own shares of the stock. Source: https://www.classlawgroup.com/securities-fraud/stock/market-manipulation/examples/
  38. 10 points
    In the 1950s how many shipping line invested in airlines? None In the the 1980s how many postal services invested in providing email services? In the 1990s did Kodak invest in digital photography? Fuji did. Did blockbuster invest in streaming services Did SWIFT invest in Blockchain? The list of companies not responding to threats of disruptive technologies is endless To accommodate digital money banks will have to restructure - have they really got the will?
  39. 10 points
    Mpolnet

    Tracking XRapid usage

    Yes, exactly! My gut feeling is this will take 18-24 months but let's do a little back of envelope calculation for the heck of it. Q3 XRP markets report indicated a 5x increase in ODL. If we assume H_M_X (twitter handle of the account that's been tracking ODL) posted the below as the Q3 market report came out, we can see roughly $8M in ODL. Taking this one step further, let's assume a 50% reduction in ODL increase after we hit $1B in ODL. The back of envelope analysis below indicated that in Q2 2020 we'll have exceeded the current trading volume (tracked by ripple markets) by about 2.5x. Note, I expect that as ODL increases so will trading volume - and from what I've seen during the 2.5 years I've been invested in and following the space, any increase in liquidity is almost always coupled with price increases (at least during the stage when initial trading volume starts to spike). This would make sense given there's more demand for a fixed supply asset so prices need to increase for equilibrium to be achieved. Let's hope the Quarter over Quarter ("QoQ") increases in ODL continue at the 5x pace as reported in the Q3 markets report. I think it's also important to point out that we're only analyzing one use case for XRP. ODL doesn't factor in XRP being used in mircopayments or any of the other use cases currently being developed around XRP. Fundamentals are way stronger than in 2017 when the price was around the same level. This doesn't make any sense and is just another point that highlights how irrational the market is.
  40. 10 points
    Tinyaccount

    Charting the course of XRP

    First time I’ve seen XRP volume hit 10%. I thought the last couple of days at 8% was a new high. Then it’s suddenly 10. I think utility is starting to kick in. (Disclaimer: this is just based on my casual observations over the last few months... )
  41. 10 points
  42. 10 points
    This video is a gentle chat Enrique Previously working for SWIFT, HSBC, City Bank now working for Ripple setting up operations in Latin America and Eric Executive Director representing America from the board of the World Bank deploying 80 billion per year which has the goal of taking people out of poverty. Ripple - past PoC and now only selling production contracts World Bank - Testing concepts of Blockchain enabled bonds (Bond-i) - eliminates middle men Ripple - opportunities in Latin America - a lot of momentum in market with lots of exotic currencies. World Bank - re Latin America. Mission to make sure the money distributed to the poor people not the rich people - ie need to eliminate corruption by finance ministries. Money is leaked in the chain from issuance of money by the bank to arrival at the project. Using Blockchain the tokens can go directly contractors digital wallet. Digital Currencies are really beginning to make an impact and take over from traditional cash. Mentions MPesa's success in Kenya and bKash in Bangledesh and Singapore Sandbox for experiments Ripple round up use cases
  43. 9 points
    Not explicitly mentioned (mods feel free to delete) but both Ria and Moneygram are Ripple partners... https://www.verdict.co.uk/electronic-payments-international/news/walmart-ria-moneygram-money-transfers/ https://www.ripple.com/insights/ripple-partners-with-ria-money-transfer-to-power-instant-global-payments/ https://www.ripple.com/insights/ripple-announces-strategic-partnership-with-money-transfer-giant-moneygram/
  44. 9 points
  45. 9 points
    Thank you for sharing this here. I participate to the construction of this website. @mouradski (Twitter) is the dev. We spent a lot of time understanding and observing how ODL works at the exchange level. We have found models, purchase of XRP with Fiat on exchange partner, then transfer via XRPL and finally sale of XRP for local FIAT on another exchange partner (exact amount but often in several trade). About 60 seconds for the whole process. The algo dev by @mouradski tracks these models. We have recently added Market BTC for AUD to PHP and AUD to MXN and everything has been activated since yesterday! Just before the swell. We are working to add the exchanges as our research or official announcement by Ripple are coming. @badrain344 ( twitter ) help to design the website . Here's for actual listening exchange : Bitstamp, Bittrex, Bitso and Coins.ph ( the 4 official ) and BTC Market ( AUD/XRP), SBIVC ( JPY/XRP ), Mercado Bitcoin ( XRP/BRL ) for the unofficial but very suspected exchange. Feel free to ask any question! PS: Sorry for my language but we are French ...
  46. 9 points
    Palerider

    Epic Pennant on BTC Chart

    @Eric123 thanks for the above postS. I just posted in the Charting The Course XRP thread, but this recent trading range feels like / looks like an odd accumulation band....it’s so hard to say. We keep testing the 9k support and the 10k resistance over and over (same goes for XRP). Strange times.
  47. 9 points
    Molten

    Charting the course of XRP

    It sounds overly bullish to say this but then you look at the chart. There has not been a sustained uptrend in XRP like we are currently in since July 2017. This obviously culminated in the great mother of all pumps up to near $4. Since, it has been a steadily descending market interrupted by short and violent pumps, only to resume to downtrend. Again, we haven't been able to draw a bullish support line for over 2 years. That does not, in and of itself, mean that we should expect another mega-pump. It does indicate that XRP is no longer behaving like it has for the past 2 years and thus we have to re-evaluate the notion that its just doing what it always does. It's not. Then: Now: FWIW, the slope is much steeper (faster rising price) than the last time.
  48. 9 points
    Elysium2030

    Charting the course of XRP

    HOLD THE 30 HOLTH30 HOL30 H03
  49. 9 points
    eggsarepeas

    Charting the course of XRP

    @dr_ed XRPBTC chart looks great to me. We’ve retraced perfectly to the golden zone (0.618) and the next target should be ~5300 sats.
  50. 9 points
    zerpdigger

    Q3 2019 Market Report

    btw i still reeeeeeeally want to know what's going on with: –R3's 5 billion ?? –Coil's 1 billy bill –Larsen's charities –Etc
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