Jump to content

Leaderboard


Popular Content

Showing content with the highest reputation on 01/20/2020 in all areas

  1. 5 points
    LeonidasH

    Banco Topazio working with Ripple?

    https://www.xrparcade.com/news/banco-topazio-working-with-ripple/
  2. 3 points
    ManBearPig

    Epic Pennant on BTC Chart

    I like big dips and I cannot lie. My xrp and btc bags are packed for now and accumulating more VET. I just checked, I am 80% btc, xrp, vet. Link, Cardano, Holochain, Tezos, filling in most of the difference.
  3. 3 points
    Molten

    Epic Pennant on BTC Chart

    Just picked up some more BTC on this little drop.
  4. 2 points
    My crypto song.
  5. 2 points
    We are but gambling hoarders, cheering on the thrower at the Crypto Craps table !! "If the thunder don't git ya, then the lightning will!" -Jerry Garcia
  6. 2 points
    Its nice to see you contributing on to xrpchat (again) @TiffanyHayden That is factually incorrect, Moneygram and other companies are already using ODL. It is not guaranteed that it will take off on the scale we are hoping, but the growth on the Mexican US corridor looks like the system is proving itself and that there will be many more corridors opening during 2020. It looks very promising Its true that Ripple can succeed with or without XRP. It is worth noting that ODL is the Ripplenet product that sets Ripple apart from other cross border options offered by other companies. No other company is anywhere near to offering a competitive without counter party bridging asset with corridors already open and pools of liquidity available that is tested and has AML and KYC.
  7. 2 points
    No. The XRP Ledger was already fully built and functional when XRP was available for purchase. Do you know what wasn't? ETHEREUM.
  8. 2 points
    Observation: Today's $0.015 price drop and Bitso trade action that followed... For the handful of us ODL "Chart Watchers," I share the following observations in today's early events (19JAN2020, 11:00 UTC): At Bitstamp, precisely at time 11:00, 2.5m XRP was traded (see below). IMO, not the actions of profit maximization. Prices at BS instantly descended from .245 to .232 and at Bitso the reaction exhibited some latency (see below). An unusual spike (for a Sunday) of XRP sells occurred at Bitso (see below). Finally, after all this dust has settled, the current (19:00 UTC) DoM of the corridor's order books are showing a 25% higher reserve of bids at Bitso compared to the recent norms, almost like it's being primed for an active start of the coming work week (Monday) to follow ??? (We shall see what unfolds in the new week)
  9. 2 points
    So what’s changed to make that unlikely or impossible? Well, there have been many people burnt by crypto who wouldn’t now touch it with a barge pole. The reputation of crypto in the main stream media is a mish mash of being either a criminal enterprise and/or a bubble. So any one coming in would probably now need much more than just white papers and hype to support their investment decision. So that would point to thinking it can’t happen again. As against that... back then there were serious hurdles to investing, long waiting lists to get on to an exchange, slow fiat rails to the exchange, a lack of information and storage solutions for new investors. Additionally, buying XRP often involved buying Bitcoin first then transferring to another exchange then trading for XRP. Since then fiat on ramps are everywhere, and all of those issues are largely or completely mitigated. The exchanges have undergone torture tests and are now much beefier. Even so, the percentage of people involved in crypto last time was very low overall. So if new money did want to flow in it could do so much easier than in the past. That fact in a fomo situation would be like rocket fuel to the price in a much greater way than last time. But why would money come? Firstly people have short memories for getting burnt... witness endless boom and bust cycles in housing. Secondly, this time around there is likely to be much more legitimate enterprise activity. Real and legitimate large companies are now moving into the crypto space... German law, other countries... they are all, in various ways, legitimising the concept of crypto investments. In many countries across the world the previously unaware populace are being exposed to blockchain technologies. Main stream media who are largely antagonistic at the moment can turn on a dime and then start shouting ‘the bigger the base the higher in space’. IF there is a bull run then it is likely the media will do exactly that.. and remember that the blockages of the past largely no longer exist. This next one could be much much bigger...
  10. 1 point
    I saw a post that hinted that it was unclear as to why XRP was ever opened up to the general public (I'm thankful it was). My feeling are that Ripple and XRP depended on the Public in the early days of liquidity adoption. This proved and tested the system. The maturing of the ODL platform I think will eventually be fully supported by FI's, Banks, Remittance providers. The public will play a very, very small role. I feel very thankful that I got in early to a space that institutions will need and want what I have acquired over time below $1 Personally, I think its not if....... but WHEN the switch will be flipped.
  11. 1 point
    I have the highest opinion of everyone at Ripple. It's unfortunate, for them, that so many people think owning the same asset means anything more than a common interest. No matter how many times it is explained in excruciating detail, there is always this guy: 5+ years later and here we are and here we remain.
  12. 1 point
    How would they gift a new asset with an unknown value at an equal ratio to XRP? Creating a new token would be the jeopardy.
  13. 1 point
    It seems you have a very low opinion of the morals of the executive at Ripple Labs. Can you really see someone as openly honest as David S going along with this sort of open dishonesty? ...and it is dishonesty given that Ripple have been very clear to investors for many years that they regard XRP as their DA of choice. I suppose if XRP was declared a security that would provide some cover for such behaviour, but they would really need to give every XRP holder compensatory stock, not just their friends. There would also be a lot Law suits. The bad publicity is just not worth it.
  14. 1 point
    Tinyaccount

    ATH ODL Jan 17, 2020

    Yes I agree. Wishing doesn’t make it so. My faith is in the fact that various teams in differing enterprises are all actively working towards a useful (sufficient liquidity) XRPL. I’m hoping they have a plan and that it works. Time will tell.
  15. 1 point
    Last year btc went up from 3300 to about 13k so thats about 400%, and other top ten coins went up roughly between 200% and 350% but not xrp because that did go up from 33 cents to about 45 cents for a short while, so that was about 30-35%, so i don't think that xrp wil go up the 1700% i mentioned earlier for a long long period to come. Specialy when i look at what happend last summer when al the other coins went up while xrp was going nowere. Sure i hope that it wil rise beyond the moon but 1700% is not realistic for years to come imo.
  16. 1 point
  17. 1 point
    IT'S A SCAM Scammers are trying this method to lure xrp holders to the domain. It redirects you to a domain with unicode letters that looks like 'ripple.com' but actually has different letters. It also uses a faked Bithomp site (BithoNp dot com) to steal your secret key if you enter one. Do not enter your secret keys anywhere. Do not send xrp to strangers, do not download untrusted apps etc.
  18. 1 point
    Kiir

    ATH ODL Jan 17, 2020

    Actually, the Moon's the limit
  19. 1 point
    JASCoder

    ATH ODL Jan 17, 2020

    Follow-up - Bitso trade volumes DEC2019 thru JAN2020 - Patterns of ongoing deployment... As promised, please reference marked up chart below for your interest. Before I forget, I want to add one more tidbit of info related to the DoM (depth of market) costs that I've also been computing and capturing into a database... If you caught that recent comment from a Ripple Labs official, they described the following (paraphrased): "WU can charge up to 10% for cross-border remittances, we can provide the same for only 2%" Now, what's interesting about this, is the BASELINE ODL costs I've been seeing for the BS-buy and Bitso-sell, factoring for the FX rate and the DoM books, has in general been running at around 0.8% - sometimes low as 0.4% at lower volumes - BUT YESTERDAY, I was seeing around 1.2% and lower, which is obviously directly related to the higher volume they are driving on this corridor, coupled with the "re-balancing" rates with the arbitrage processes. So what we're seeing in the hard data, IS aligning with official comments - and also implies that the additional overhead costs (plus profits?) are the additional 1% to result in their claimed "2%" total cost. I'd like to add, that I believe once the liquidity is deeper, and the volumes are higher, they'll get the baseline "friction" down even lower. This will be fascinating to watch for What you see in the chart below, is three key points: Weekends and holiday periods are a bit chaotic - I also saw this around our Nov 2019 Thanksgiving time (see posts in Bitso thread). Before the late Dec. "madness" period, we were seeing a slow and steady ramp up of weekday volumes. The two post-madness period (J2/J3) we see a re-establishment of weekday volumes, and yesterday's heavy 2.11m volume (2nd ATH recorded) - combined with four days of increasing volume, depict the heaviest week evah ! NEXT WEEK SHOULD BE INTERESTING, eh mates ?!!
  20. 1 point
    WrathofKahneman

    possible Ripple buy-out soon

    I don't think Ripple would buy MGI as it doesn't confer any advantages, just liability. MGI already said they want more ODL corridors, more volume, so why assume their terrible debt? A replacement system for vostro/nostro is interesting since that's what XRP is supposed to do, but some interim structure that looks more like what banks are used to could be fun! ( something like this is happening in some projects like FNALTY). Lot of guessing over the years that this is what Polysign is trying to do. I'd guess they would acquire interest in R3 or a KYC/AML company.
  21. 1 point
    mistatee2000

    possible Ripple buy-out soon

    In this case I hope that you are wrong. In my mind it would show that they are not expecting any more growth with other key money transfer companies as total vertical integration like this would cause significant conflicts of interest. I'm not sure what extra benefit would be derived by such a merger, though if there are huge benefits which I can't see, then happy to be proved wrong.
  22. 1 point
  23. 1 point
  24. 1 point
    Mati1980

    Ripple Youtube scam.

    I got scamd today, i got airdrop today and got nothing back, live xrp news on youtube got address where i need to send 1000 xrp i get should have back 10,000, got nothing. I'm so stupid🙂
  25. 1 point
    Tinyaccount

    EOY 2019 XRP predictions

    Sorry mate but you are dead set wrong. We do know it’s goid and useful. Read back those properties I mentioned. They are revolutionary and very useful. The ability to transfer value with settlement in seconds for fractions of a cent is very very useful. Whether we ever see widespread adoption is a different question.
  26. 1 point
    Tinyaccount

    EOY 2019 XRP predictions

    Assume we never invent electricity. What changes? Nothing. The world will continue ticking. So why do we need electricity? Thats the dumbest question I’ve seen in a while. Well then you understand why it would be a good thing. Whether we ever see its full promise achieved is yet to be determined. But if you truly understand it’s capabilities then you wouldn’t be asking that question.
  27. 1 point
    Tinyaccount

    EOY 2019 XRP predictions

    Counterparty-free trading. Decentralised immutable record. Atomic swaps. If you don’t understand the difference between these things and siloed digital fiat/cbda then read up a bit and you will see why we need crypto. Doesn't mean we will ever get this new and wonderful thing in widespread usage... but that’s why it’s good.
  28. 1 point
    Poker

    CasinoCoin, and Why I Invested

    https://medium.com/@HolyK1cks/goodgaming-casinocoin-and-the-bank-roll-manager-9be33a130ab?
  29. 1 point
    Thanks for the encouragement I can appreciate not all are intrigued by the underlying tech and challenges of effecting a global transformation of the present monetary handling systems. Some just wanna know whenmoon already. I perceive that many here are generally interested. Jargon to plain speak summation: Deploying ODL is a chicken-and-egg conundrum - here is an analogy : Imagine there was no cars and trucks, and of course no fuel stations. People want to build cars, but no one wanted to buy them because there was no fuel available. People want to refine fuel, and run gas stations, but there are no customers with cars. What do you do ? Who goes first ? In the US, we want to send XRP to Mexico, and sell it there for pesos. But if we try to trade too much XRP in Mexico too often, it would cause the local price to drop so low, as to be prohibitive. We need moar buyers with MXN to buy our XRP gaddamnit ! There is profit to be made buying XRP cheaper in Mexico and selling it somewhere else at a better price. This is where the solution lies... And what us data miners and chart watchers are desperately seeking. We can't expect all the companies involved to tell us what they are doing to make this work. But there are publicly exposed clues we can monitor and figure out what they're up to, and how close they are to getting their solutions ramped up and growing. That growth rate, and adoption rate by others, is what will lead to the inflection point at which increasing demand for using more and more XRP begins to impact its price. That moment, will be transformative. That moment will be the turning point of price driven not just by speculation. Our precious hoards of tokens will be lent out to "market makers" to us it to make profit, and pay us "rent" aka interest. I'm old enuf to remember "Savings Accounts" which paid 6-8% interest to use my hard earned money. This is found in a normal economy. That which crypto will return us to. Hopefully soon !
  30. 0 points
    No matter how many times you keep trying to suggest otherwise, XRP is not a security. Right after the FDA declares it's not a food, I'm sure we'll hear something official.
  31. 0 points
    If there is a contract guaranteeing XRP usage, by all means, please post the source. Otherwise, Moneygram can come and go just like everyone else is free to do. They could even issue a new digital asset.
  32. 0 points
    KevClem

    EOY 2019 XRP predictions

    Perphaps i've forgotten what i am actually whinging about again. What was the question again ? Lol
  33. 0 points
    KevClem

    EOY 2019 XRP predictions

    But we dont know whether crypto is good and useful. Bitcoin has been around for an entire decade and is on a trajectory course to becoming the greatest man-made environmental disaster. The power consumption is just outright embarrasing and far outweights any benfefit it offers. Didn't Brad G say 99% of coins without a usecase will disappear. We are far from any type of mainstream adoption, so lets see how it plays out.
  34. 0 points
    KevClem

    EOY 2019 XRP predictions

    There is absolutely no comparison that can be made between electricity and crypto. Not sure why you even chose to compare the two to make a point.
  35. 0 points
    KevClem

    EOY 2019 XRP predictions

    I understand what it can do and the capabilities your describe. Assume it never obtains widescale adoption. What changes ? Nothing. The world will continue to keep ticking. So why do we need crypto ?
  36. 0 points
    KevClem

    EOY 2019 XRP predictions

    Why do we need crypto?
×
×
  • Create New...