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Showing content with the highest reputation on 05/26/2019 in all areas

  1. 19 points
    Dear XRPChat, I had planned on making another prediction of Q1 sales before the quarterly report came out, but unfortunately, my day job has been keeping me very busy so I didn't have the time needed to attend to it - and I had problems with my analysis that I didn't understand and that I hope I have rectified now. In my previous posts Analysis of Ripple's XRP sales and 2018 Q4 analysis, I summed payments from wallets to XRP-II to see what the quarterly payments were, and to total them up to see if they matched the sales figures announced by ripple. I had expected to do the same for Q1 2019, but the numbers looked wrong, my correlations were not consistent and the sales figures as a % of coinmarketcap volume didn't look right. I have extensively rewritten (and improved) my software and now have new findings that I feel confident enough about to share them. First, lets remind ourself of daily sales by ripple - in previous threads I found a strong correlation between yesterday's trading volume on coinmarketcap and today's sales (transfers) to the XRP-II distribution wallet. I identified 4 wallets that appeared to sum to about the right amount to explain the sales figures in the quarterly reports. Those wallets were referred to as RP1, RP2, RP3 and RP9. I refer the interested reader to the links above to find further details. If we plot the daily payments from those 4 wallets into the XRP-II wallet (XRP-II being the legal entity licensed to sell XRP to exchanges and customers and is presumably responsible for the programmatic daily sales as well as any number of other sales that we know little about). Here's what the sales look like from April 2018 until today, Note the line plot (linear, left y axis) is the sum of all the individual payments represented by dots that are logarithmically plotted (right axis). I found a strong correlation between the sum of payments and the coinmarketcap exchange volume, scaled by a factor that was around the 3% mark. I was intrigued by the drop in sales around mid Sept 2018 that preceeded a large jump in price and volume a week later. My hypothesis was that the drop in sales might be responsible for part of the rise in price (supply/demand). The sales pattern continued, largely unchanged until this year, though there are many wallets that transfer into XRP-II and they change over time, so it is difficult to be certain as to the true nature/volume or reason for the sales taking place. Please be aware that the graph above shows payments INTO the XRP-II wallet, and not out - this is because there are many more payments out and I was trying to identify that portion of sales that represents the daily programmatic sales. For the reasons I've just mentioned, it's too hard to be certain of any motives for individual wallet payments, so instead, I shall focus on payments OUT of XRP-II. Let's have a look at another plot, this time I plot all transfers OUT of XRP-II going into exchange accounts. I am grateful for the google sheet provided by @Silkjaer for a list of wallets that I have used for my assumptions of exchange addresses. You can immediately see that the payments to exchanges is very numerous. The summed total is shown by the solid line and the axes are consistent with the first plot. The totals also follow the same pattern as the sales into XRP-II from the subset of wallets, but is much higher as we are now including other payments from other wallets that are passed through and then go on to exchanges. Let's now show a more interesting graph - this has plots of the total exchange volume from coinmarketcap in green, I have normalized the plot to have the same area under it as the summed total of payments into XRP-II with a time shift of 1 day to show the correlation of the two graphs. The lighter blue line is the RP1,2,3,9 payments into XRP-II and the darker blue line is the summed payments out to exchanges. You should hopefully be able to see that the correlation between XRP-II payments and exchange volume is very strong, however, the correlation starts to break down in Q1 2019 and deteriorates further in Q2 2019 - the reason why my earlier correlation plots failed to give (to me) satisfying results. I have highlighted 3 regions on this plot. The first is in Sept 2018 (grey bar) when the sales from XRP-II virtually stopped. I speculated at the time that the xrp price (shown in the above plot as the black solid line) dropped to a low value for the year and probably ripple wanted to support the price by holding off sales temporarily. If that was the plan, then it worked very well as there was a massive jump at the end of Sept that still defies any reasonable explanation. So many news announcements are constantly being made about partnerships with ripple and events taking place that it is hard to know what might have triggered the rise. The second (grey bar) highlighted region in the plot is in May of this year - the difference between the green (coinmarketcap) and blue lines become very clear. Ripple shut down sales significantly again this month, and we have seen the price rise from ~30c to ~40c. I begin to wonder if my earlier hypothesis might have been correct, but sadly, two events is not enough for a 5 sigma announcement! What else is interesting in the plot? - the red shaded rectangle represents a point where the price of bitcoin was pumping hard, the exchange volume for all coins soared, but the price of XRP did not move very much. Why is that - we can see that the two blue lines rise well above the green one as ripple increased sales significantly - I speculate that they did not wish to see the price shoot up as we saw in Dec 2017, only to fall down again after the pump/dump/fomo/madness was over. Another interesting piece of data is revealed in the plot - the red crosses are payments from exchange accounts BACK to XRP-II - this hardly ever happened in 2018, except for a few scattered points in the year and a cluster of them around Sept 2018 when the sales halted. It is my second hypothesis that ripple have changed strategy during Q1. Prior to this, we see an almost constant sale of XRP proportional to exchange volume, during Q1, particularly after Feb 2019, the sales deviate from a simple pattern and we see returns from exchanges back to XRP-II. It would appear that their algorithm is smarter now and is trying to adapt better to market fluctuations rather than just continuously sell every day. Do we have any way of corroborating this? well, I'm glad you asked. Here's another graph, this time I take a sliding window of 10 days worth of data from XRP-II sales, and the same 10 day window of data from coinmarketcap exchange volume and correlate them, normalize them and plot the scaling coefficient. This gives us the XRP-II sales as a % fraction of the coinmarketcap volume in a running plot and we can see the fluctuation in sales as time progresses. The solid line shows the closing price of XRP, the two dotted lines are the running scale coefficients of the daily % of sales from XRP-II - the red is RP1,2,3,9 the green is ALL payments from exchanges (subtracting the return payments shown by the red crosses in the plot above). Now we can see quite clearly the event in Sept 2018 and the massive drop in may 2019. what is now apparent is Feb-May 2019 there was a large increase in sales as a % of daily volume. Throughout 2018, the red line holds reasonably closely to 0.15% of daily sales, which is fairly consistent with the figures quoted in the ripple quarterly reports. In Q1, things start deviating, and Q2 is all over the place. The drops in Sep 2018 and May 2019 are both followed by XRP price rallies. I added a dottet line at 0.05% of sales just to show how low the sales have dipped. What do I conclude from this... Ripple have changed their selling strategy to better adapt to market conditions and during March/April they increased quite significantly the sales, presumably to smooth out market pump/dump peaks and troughs. Financial institutions do not want like price fluctuations as it increases their cost of holdings - something we should all be grateful for as we want banks to buy in, not run away. Price fluctuations can also increase lay-off costs for market makers which also negatively impacts the market. (We're in this for the long play after all). There has been a slight decoupling over the last month or two with BTC as sales from XRP-II have been historically speaking very high. The large volumes we've seen did not move the price as much as one would have expected. Now would be a great time to pump XRP if whales are reading this! with XRP-II sales very low, it will be easier to move the market. Please go ahead and do this if you can. I'd like to see how high you can push XRP EDIT: I forgot to add one point - why do I think that sales have dropped in recent days? My suspicion (pure speculation) is that with the bear market seemingly coming to an end, Ripple feel safer in allowing the price to rise slightly to accommodate the new corridors they are adding. Disclaimers. All the data has been collected here by a random amateur on the internet. I do not even know for sure if the wallets I examine belong to XRP-II. I do not know for sure if the exchange address I use are correct. All the data in this article could be wrong. I might have even made it up just for giggles (I didn't but how do you know? Do you trust me?) This is not investment advice. But IMHO price rises are more likely when XRP-II sales are low.
  2. 5 points
    Eric123

    Epic Pennant on BTC Chart

    I don't see it going that low, but if it does I will keep buying. IMO any price below .40 is a good entry point. LTC has moved big since it bottomed. Right now I'd buy into coins that haven't made such dramatic moves. But I like LTC, block reward is halving around August 6 of this year. Who knows what it's price will be in mid June. Right now I'd be buying XRP and OMG, ask me again in Mid June when you are ready to buy. A lot can change between now and then.
  3. 4 points
    I know it's OP's disclaimer, but not sure why you are copy/pasting it unless you think he's completely wrong You can literally see these wallets being funded by Ripple (using Bithomp for example) and then distributing the XRP to different exchanges so I'd say 10/10 I also noticed they've started selling quite a bit in relation to the real volume 4-5 months ago so in a sense @jbjnr has saved me quite a bit of money with his prevous thread. In Q1 Ripple's sales have been taking CMC volume as a metric to sell a percentage of it which is completely wrong (given the massive boom of small exchanges with fake volume). I think they've realized that and in Q2 the numbers are much better.
  4. 4 points
    Ripple's programmatic sales will always have an effect on the price, one way or another. I doubt they do it to purposely keep the price at a specific target, but their sales do have an effect on the price as they are the biggest market participant. Order books are very thin so you'd expect selling (or not selling) 10M XRP in 1 day to have an effect. Even if they do it to manipulate the price, that's very hard to prove and we are in a dodgy, unregulated market anyway.
  5. 4 points
    automatic

    Epic Pennant on BTC Chart

    Lemme get this straight - you guys decided to specifically go to XRP Trading and Price Speculation club, find a popular topic about a TA pattern (pennant) on BTC chart, and then post in that very thread that you think TA is BS? Well, hell - you might as well have gone to a BBQ steakhouse and tried to educate everyone there about merits of being a vegetarian. Thank you for your opinion, but I think that you might be in the wrong place. Salad bar is across the street and it is called the General forum.
  6. 3 points
    Hodor

    XRP News Update: May 25th, 2019

    Blog URL: https://xrpcommunity.blog/xrp-news-update-may-25th-2019/ Time to read the latest XRP news heading into this weekend! I cover it all, including a major announcement by Kava: 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Pat Thelen elected to U.S. Faster Payments Council (FPC); and Brad Garlinghouse participates in a podcast by Kara Swisher. 𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Stefan Thomas participates in an AWS Loft panel discussion; and an AMA is planned with Stefan Thomas at the end of this month. 𝐊𝐚𝐯𝐚 𝐍𝐞𝐰𝐬: Kava announces their new service, 'Switch.' 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: XRP Arcade adds an infographics page; and PayWithXRP publishes a self-identifying list of businesses that accept XRP. I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  7. 3 points
    Thanks a lot @jbjnr , was waiting for your analysis Have you tried playing around and plotting the data based on a more realistic volume metrics (i.e. excluding fake volume/wash trading) - so basically taking the volume only from somewhat reliable exchanges like Binance, Bittrex, Kraken, Coinbase etc. By my rough calculations Ripple's programmatic sales should be around 5-6% of the daily sale volume and not 0.2%, but haven't investigated much. I did notice the slowing down of sales in Q2 and was expecting a pump sooner or later based on that.
  8. 3 points
    Eric123

    Epic Pennant on BTC Chart

    @Finesse Let me guess - you first heard of crypto in late 2017 - you bought in at the top are a little upset you are underwater on your investment. Don't worry you'll be in the green by the end of the year. Also this FUD about tether isn't true - you can read my previous posts on tether in this thread which explain why.
  9. 3 points
    @jbjnr I’m delighted and grateful that you do such sterling work in this area. Thanks so much for generously sharing the results of your work. There is a point that concerns me slightly, and another point on which I would like to differ... The point that concerns me is that you seem to have some evidence that Ripple is trying to steady the price, or at the least have an input on whether it can climb. That is at odds with everything they have ever said. That contradiction is concerning to me because I have always taken them at their word. I must admit I’m not fully convinced that they are actually trying to influence price, but the fact that I now have seen some actual evidence (as opposed to simple disgruntled investor moaning,) gives me pause. The point I think I would like to differ on, (and I’m fully aware you have hard work and actual facts, whereas I just have my own feeble imaginings... Reminds me of the knife to a gunfight situation... ) is your assertion that: And that this is offered as one reason Ripple might be trying to stabilise price. Perhaps I am naive but I don’t think that is correct. Firstly because there is no evidence as yet that institutions are accumulating large holdings of XRP. Perhaps they are.. but apart from R3 and the indirect holdings of SBI I don’t think we as yet know of anything larger than Arrington holding XRP en masse. But even assuming some are... why would they hold? If for the same reason as us, then the short term fluctuations don’t cost them. If it is to facilitate cross border settlement then they are a bit early to the party, and I don’t see fluctuations creating anything other than opportunity for them. I know this mantra of “Institutions want a stable price” is oft repeated in the xrp space but so far I’ve never seen anyone explain why that would be so. I think volatility for them (if they have a large bag) is at worst an annoyance but at best an opportunity. So I have two issues... the idea that Ripple are suppressing or stabilising price goes against my understanding (doesn’t mean it’s wrong...) and I do not as yet believe there is any business need for stability. Happy to be proven wrong and do not want to imply any aspersions against your excellent analysis. Thanks again for generously sharing.
  10. 3 points
    dr_ed

    Is XRP EVER going to be above $5 ?????

    When I was his age I was back in school after a drop-out stint that lasted a couple of years. I made a union wage, which at that time was a whopping $7 an hour, lol. I had to consider whether to leave the relative security of a retirement plan from a big corporation and good medical bennies....I thank my lucky stars that working with molten metal in a foundry that was well over 100 degrees F did not become my life's work. I make more money in a year than my father made in 20 years doing what I might have done. It's funny how things work out. While I worship entrepreneurship just like you do, and hustle, and hard work...the truth is that those who do invest in XRP at 25 are liable to do just fine, maybe without working quite as hard as you did, or I did. I went to school until I was over 32 (and already had my first two kids) and then I bootstrapped my way to a decent level starting with absolutely nothing. I even had a 20K student loan which seemed huge at the time. And I'm proud of what I did. But on investing to earn passive income, I started pretty late. By starting early, these young guys are going to do better than I did.....IF...and only if, they can set these excellent goals I hear them making and stick to them. That's the hard part.
  11. 3 points
    Baka

    Is XRP EVER going to be above $5 ?????

    people my age make 10k$ a month ? lol. 0.001% make money with youtube videos that's right. people my age don't have a penni because they spent all their income in alcohol and going out , that's the truth. I hear that everyday , "when I was your age I was doing this ,that , when I was your age I could do this like you but now I'm old .. " the thing is idgaf
  12. 2 points
    The data is pretty accurate, I've been monitoring those wallets for the past 1 year now, if you spend 10 minutes you can see for yourself.
  13. 2 points
    Many times on this forum I have strenuously defended Ripple, believing that they are not manipulating the price of XRP because David Schwartz said so and I think he's not a liar. However, this data does seem to present evidence that Ripple and/or its programmatic sales agents are indeed manipulating the price. My belief is shaken. Whilst, as an OG holder, I am somewhat comforted by the putative existence of a 'Garlinghouse put' (cf the Bernanke put), it denies new investors speculators the chance to get in at low prices. And of course, keeping the price down during crypto bull runs ... well, you can guess what I think about that. All too fishy.
  14. 2 points
    It is funny how this community will go up in arms about anyone suggesting Ripple might be manipulating the price, unless there is a chance that Ripple will stop manipulating it soon to let the price rise again - then everyone is cool about it
  15. 2 points
    Truckdriver

    XRP News Update: May 25th, 2019

    Fantastic read thanks @Hodor . The foundation that's being built grows wider and deeper. It reminds me of a previous blog you shared showing a smallish tree but with deep roots system.This is what we see now. " Deepest Roots. The greatest reported depth to which a tree's roots have penetrated is 400 feet by a Wild Fig tree at Echo Caves, near Ohrigstad, Mpumalanga, South Africa" " So one of the big things holding that back today is a lack of interoperability" . When this issue is solved along with liquidity and the conversation at most dinner tables , gyms , schools , classrooms, bars ............. we should see a tree like "Sequoiadendron giganteum—is often considered to be the most massive single organism on the planet. General Sherman weighs an estimated 2.7 million pounds, stands 275 feet tall and measures 100 feet around at the ground" Can't wait to eat Figs from General Sherman . Cheers to you and also all that have served. OOL BTW
  16. 2 points
    Baka

    Is XRP EVER going to be above $5 ?????

    i'm 25 and my goal is to get 15k XRP before 2021 , hoping the price won't go too high before . I'm hoping things will work right and that at 30-32 yo I could maybe buy an apartment , I'd need XRP price to get to at least 20$.
  17. 2 points
    If you are 25 - put aside 20k XRP and that is your pension settled. My guess is that by the time you are 40 you will have enough to retire. After that if have more to invest, invest to spend in the medium term Being rich does not bring happiness, but having money to do creative socially useful things brings great happiness and self esteem.
  18. 2 points
    Eric123

    Epic Pennant on BTC Chart

    @Finesse @robertbruce @LiquidGoat @captainjack @Trentsteel @Caracappa @automatic @Yodaxrp @eoma I Agree with everyone. Look it is obvious that TA has it's limitations as I have written before. XRP almost completely defies TA, as it's price lays dormant for periods of time then seeming runs out of nowhere. Predicting XRP price timing with TA seems to me to be nearly impossible. Also the fact that the entire crypto market is basically dominated by Bitcoin also further complicates price movements of alts. That being said, certain price patterns have emerged regarding bitcoin that are foolish to ignore. Charting these movements can provide the astute trader with possible good entry and exit points. Obviously we have seen that exact point work in this thread and if you used my TA to pick your bitcoin entry or followed my advice on buying LTC you have already made a stellar (pun intended) return. If you haven't or didn't, don't worry you still have a chance with XRP, I continue my daily buys. @LotusFace I use coinbase. Now I disagree with a ton of TA out there. Reading the headlines on TradingView blogs usually makes me cringe. As @eoma points out, as more stock traders enter the market, TA will become more important as it is what those guys use to set their algos, with many, if not most of their trades being performed by bots. However, crypto doesn't move like stocks or commodities- it moves like crypto, so not all of the TA rules apply. Also different TA indicators will give contradictory outlooks. Basically the things to remember. 1. TA works, kinda. 2. Buy and hold works, kinda. Remember no TA in the world would have told you to buy bitcoin when it was .01. If you research a project and believe in it, invest in it. Should you use TA to pick your entry, yeah it usually helps.
  19. 2 points
    OMG it is already too late for me to enjoy my investment, I am 66 and half dead. Don't worry life does not end at 65 or even 75. People who don't smoke or drink too much go on having active lives well into the 80's (unless they are struck down by bad luck) I am very active, as are my friends in their 70s. Waiting 5 - 10 years and cashing out in increments does not seem daunting. I expect to wait and time my exits appropriately. If I was in my 50s I would be taking out my investment in increments over a 25 year period. ......and if you are worried, don't be, the girls look prettier and are more charming than ever
  20. 1 point
    @Julian_Williams @panmores Where there is smoke there usually is fire. In this case there is a verfied accountholder of the Thai bank claiming he got a pop-up whilst logging in telling about the impending fast payment change. Together this makes a ‘small fire’. For reference please see the video of Sam I Am ‘To the lifeboats’. The twitter source: https://twitter.com/SCuBaMaN_XRP
  21. 1 point
    Finesse

    Epic Pennant on BTC Chart

    See now look at yourself, if your guesswork is as good as your TA I’m glad I don’t put any stock in that ****. and who tf are you? I’ve seen that they actually said themselves from tether that it’s not all backed up by cash that they have some backed up by other assets like btc. They’ve never been audited by a 3rd party so how tf you know what they got going on. You a developer tether? Didn’t think so.
  22. 1 point
    Good stuff... thank you for going out of your way and explaining that in a no-nonsense way.... appreciated!
  23. 1 point
    All the data has been collected here by a random amateur on the internet. I do not even know for sure if the wallets I examine belong to XRP-II. I do not know for sure if the exchange address I use are correct. All the data in this article could be wrong. I might have even made it up just for giggles (I didn't but how do you know? Do you trust me?) This is not investment advice. But IMHO price rises are more likely when XRP-II sales are low.
  24. 1 point
    You do realize that is also price manipulation?? If you sell it in a way to achieve slow price increase what is that then price manipulation?? I really doubt they manipulate the price. This is very dangerous and gives them bad reputation. Do you want bad reputation while you speak with central banks ans other companies? Ofcourse not. Time will tell what is the reason behind selling maximun they can without tanking the price. Xrapid is dead or they have some master plan. I pick second one.
  25. 1 point
    LordVetinari

    Self Driving Cars.

    I always thought it was for accountability. If a fully automated train hits and kills a pedestrian and the pedestrian was not at fault, isn't it possible a liability case get tossed around between the insurance company, train company, software company and even programmer? All the while, the victim's depends gets nothing. I'm of the opinion that driverless and pedestrian traffic should not be sharing the same space until either the software works incredibly well or liability is clearly determined.
  26. 1 point
    strikerjax

    codius development stopped again ?

    I think david mentioned that they might do this through xpring.
  27. 1 point
    Then surely anyone can just launch a coin with a huge circulation and then it's arbitrarily seen as "beaten down price-wise". The only metric worth looking at is market cap when looking for low prices. A coin worth $1000 each with a circulation of 10 ($10,000 market cap) is technically lower value than a coin with 100,000,000,000 circulation that has a value of $0.0000002 per coin ($20,000 market cap). If you're going by "beaten down" price, sort by market cap on livecoinwatch.com/coinmarketcap.com.
  28. 1 point
    @Julian_Williams congratulations on Gold sir cheers to you
  29. 1 point
    Great analyse, thank you. I am glad this assessment of yours is something I was saying for Q1 2019 when it was released. Yes, Ripple says they sold "only" 0.32% of global volume but fact is, that this percentage is WAAAAY WAAAY higher on some days . And they have enormous influence on xrp price with progmatic sells
  30. 1 point
    Finesse

    Epic Pennant on BTC Chart

    Bro don’t listen to these dickwads drawing lines lmao. Warren buffet the greatest investor in history a ******* billionaire buys cheap and holds. He has his own wife’s inheritance invested in the s&p500 index fund because fund managers and these wall street super investor wannabes can’t return 8% on average annually. These boys in crypto think they’re doing something when whales have trading software ******* their profits up because crypto is unregulated. It’s best to get in at a good price and hold your seat on the way up. omg and that’s not even including the fact these dudes all store their “profits” in tether which is all BS not backed by the dollar and being used to prop up btc.
  31. 1 point
    I saw this and agree it's an interesting development. I'm grateful for those like Galgitron (and Jenna) who track this stuff. Thanks so much for posting.
  32. 1 point
    Baka

    Is XRP EVER going to be above $5 ?????

    thanks , I totally understand what you say. crypto or XRP may not work the way I want , but even if it doesn't work I remember making 20k in early 2018 from my 500-1000$ investment in 2017 from selling my old shoes to people on internet. I was putting 50$ a month on XRP and only XRP because I liked it , so I bought at 0.15-0.18$ and sold at 2.2$ . I also grew my stash by day trading , well I won't do it again it was too stressful and I wasn't sleeping well sometimes. The only thing I'm regretting right now Is that I d like to get more income to invest more but it's hard atm .
  33. 1 point
    dr_ed

    Is XRP EVER going to be above $5 ?????

    If you keep plugging the way you're doing at 25, you will succeed beyond your wildest dreams. Just do what you're already doing, and do a little more when you start to be a little better off. Most people your age fail for the wrong reasons.....frustration and impatience are easy to give in to. People spend their nest egg on something they DON'T need. Car, trip to Timbuktu, etc. Or other pitfalls. Divorce and substance addiction run high among even the smartest people. Learn to meditate. Do Yoga. Baka, I want to write a book about investing that says some things I've never read in any book. One principle that I have discovered, that I never read in any of the dozens of money books I ever looked at.....is a very simple principle that I think is very important. "People who invest in something (almost anything) tend to do much better financially in life than people who don't." Most people wait...for the good job that flows the extra money....for the company that will fund the 401K...for just the right opportunity.....and as they go through life doing nothing to prepare for their old age.....and depending on the kindness of strangers, more or less......they develop a long string of excuses about why other people are rich and they are still poor. Most of them become socialists these days, and die broke. (That's meant to be a joke, except it's true. LOL.) And don't worry so much about missing out on LTC or anything else. Even at my age and with my slightly higher budget, I still feel the same way you do....... like I see opportunities I could take advantage of if I just had a LITTLE more money to invest. But you can't buy 'em all. We do have to save a little for dinner and practical things. There is a balance.
  34. 1 point
    Exactly, this is pretty neat. I love to see participants of Ripple's xPring initiative grow and develop new and innovative products. With that being said, it seems as if xPring is truly beginning to develop and mature just looking at the newly added job postings:
  35. 1 point
    For me the buzzword of the week has been Microstreaming. It is a word that will be used again and again as we get closer to using IoV and IoT Reading your blog Just heard "smooth streaming" for the first time reading your blog. I suppose we will have digi streaming, crypto streaming and istreaming is apple want to enter this micropayment business. I think it was during that Coil forum that Stefan gives us a lesson in new thinking about the architecture of blockchain. How it needs to be light and flexible. ETH code is too monolithic. Mojaloop - this is the big interface between the IoV and the forgotten economies of the world. I have been trying to pull people back to read Moncho's blog (feb 2018) about how important XRP will be to economies like El Salvador - (xrpcommunity.blog/el-salvador-surfing-the-iov/.) Thank you for another great update
  36. 1 point
    Johno

    Is XRP EVER going to be above $5 ?????

    I’m another in the older age bracket. 55 for me. I look at it as 10 years is a good time frame for hodling and hopefully cashing in a bit along the way until retirement. Patience is an easier virtue for me these days. I don’t know how i’d go if this opportunity came along when I was 25. Sell it all for a big weekend with the lads I should think.
  37. 1 point
    https://www.xrparcade.com/news/brazilian-frente-corretora-de-cambio-launches-simple-a-platform-developed-in-partnership-with-ripple/
  38. 1 point
    Julian_Williams

    Self Driving Cars.

    Imagine being a pedestrian in a world of self drive cars. Permanent right of way, even on motorways it would be safe to walk out on to the road. I expect self drive to happen in increments, not in one go. Cars have built in features to park for you and slow down in controlled areas around schools, that sort of thing. Fully self drive is a long way off. We still have drivers in trains? Why? Because we need that sense of having control over unexpected situations. https://www.smithslawyers.com.au/post/self-driving-car-problems
  39. 1 point
    retryW

    codius development stopped again ?

    Codius was too unstable (primarily due to hyperd). Unfortunately the Coil devs are too busy to have any resources dedicated to Codius currently. As such most people (including me) stopped running their hosts as it was just costing us money with no benefit (no production contracts yet).
  40. 1 point
    Too much bollocks and ass for me , I'm gone.
  41. 1 point
    Truckdriver

    Self Driving Cars.

    My eyesight is bad , so my car is part self drive now , you should see how I drive my truck.
  42. 1 point
    Doctor

    Tiffany Hayden

    I dont have a cause. My statement was to her directly, and it's up to her and people who like and follow her to reflect. She has the online brand, not me. A lot of people here defended tiffany respectfully (and I agree she is a good person and takes a lot of ****) but some of her followers unfortunately just love to lay the boot in, illustrating my point somewhat. I cant help but hold her a little responsible for their behaviours as they seemed to be taking their cues from her.
  43. 1 point
    Yodaxrp

    Price potential of XRP

    Start to feel myself a kid with my 55. Who said crypto is for millenials!?
  44. 1 point
    Julian_Williams

    Tiffany Hayden

    I do not think it was nessesary, but well done Tiffany for responding head on. There are too many of these threads that are basically hostile chat centred on the members of XRPchat. In recent weeks we have had: A thread with malicious overtones about DS selling some of his personal XRP as if he were involved in some sort of insider trading scam A thread attacking Alex Cobb's youtube videos A thread attacking Tiffany Alex and Tiffany post under their real names, David does not hide his identity. Do people think the people they publicaly attack have such thick skins that this behaviour is fair and accceptable? The hostile comments are mostly posted under fake names by people who are not willing to let the world intrude into their private space, but they feel comfortable to throw stones at people who are willing to be open and fight for their cause on their behalf.
  45. 1 point
    MrSensible

    Why do people still use TA ?

    Because TA is fundamental to the way a market moves. We've seen many good calls based on TA in crypto...that doesn't mean it is perfect but it is one tool you can use. To be honest I feel sorry for people who think TA doesn't work under any circumstances in Crypto!
  46. 1 point
    https://www.marketwatch.com/press-release/kyriba-launches-real-time-payments-integration-through-jp-morgan-api-2019-05-22/ I found this. I've always thought XRP would be a great tool for treasuries. Now, we know jpm has its own coin, unless something has changed, and if this is available between jpm customers, I suspect it's not XRP. EDIT: I'm not saying there isn't some kind of connection between Ripple and Kyriba, but I don't think it's this.
  47. 1 point
    lysistrada

    Tiffany Hayden

    I don't think it's weird at all. What I do think is weird is how - in virtually everything these days - people are expected to pick one, singular side which then supposedly means you have to now have an enemy as well. In my experience, people who are not split like this and who can see two differing sides of a matter tend to be some of the most effective people in various ways and those who get entrenched in certain positions - in a very "us versus them" or "this one way is the only way" sort of way - are the least effective. XLM is a source code fork of XRP. They've pursued a different strategy but in many ways they are very, very similar. McCaleb is purported to be problematic and I tend to think the comments that indicate as such are accurate, but there is no way I can be sure of that or anyone outside of those folks directly involved. The guy founded Ripple, so lets give him some credit even if he's a problem interpersonally and strategically. I can tell you one thing: while I do not have massive trepidation - or any trepidation, really, anymore - as to XRP being labeled as a security, if it were to be labeled as such and XLM were to be able to avoid it because the Stellar Foundation is a non-profit, then I would be rather impressed with them, albeit quite upset since I don't hold XLM. I hold largely XRP. My bet is on XRP. But that doesn't make me anti-XLM. So weird, no. Uncommon, yes. But I wish it weren't so uncommon.
  48. 1 point
    Shuz

    buy now or wait a bit?

    NEVER post online how much u have or are buying!!!!!!!! You will get robbed
  49. 1 point
    this thread smells like 2016. "Man, if XRP goes to 10 cents i'm going to retire!!" "that will never happen, there are too many of them"
  50. 1 point
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