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Showing content with the highest reputation on 02/23/2019 in Posts

  1. 7 points
    cmbartley

    Discontinue xrpcharts.ripple.com

    Potentially controversial: Ripple should discontinue xrpcharts. After reading this thread I started wondering whether we need xrpcharts at all. There are many developers starting to work on XRPL who, in aggregate, just about cover the range of what xrpcharts offers: bithomp, @devnullprod, @xrpscan... in fact, cointracker.io recently recently repointed their tx links to xrpscan. Wieste commented in his recent AMA that he didn't understand why so few developers are working on XRPL. One contributing factor may be the percieved centralization of development and xrpcharts isn't helping. Most exchanges that link transactions to a ledger explorer use xrpcharts which is run, owned, and maintained by a company who claims they have no control over the network; but the fact their product serves as the de facto ledger explorer doesn't help their case. Discontinuing xrpcharts might actually help change the perception of centralization. I'd be interested to hear your thoughts if your able to give them @JoelKatz @nikb @warpaul
  2. 6 points
    Blog URL: https://xrpcommunity.blog/clearing-the-path-strong-sponsoring-organizations/ XRP is benefiting from strong sponsoring organizations! Find out more and get all the latest XRP news in today's blog. 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Ripple teams up with Alipay and Amazon on the CSBS Fintech Industry Advisory Panel; The Traders Network Show releases a video of an EU Parliamentary hearing with testimony provided by Dan Morgan, Ripple's Head of Regulatory Relations in Europe; An XRP fan thinks he's found a way to accurately track xRapid volume; 𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: A new site called "Cinnamon" reveals its plans to create a video streaming service that is completely monetized via Coil. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: A new amendment championed by Nik Bougalis is debated by community stakeholders; Ripple adds a helpful section for those directly handling custody of their own XRP, instructing them on how to practice signing transactions using the testnet; The XRPL Labs team hosts its first official AMA (Ask Me Anything) event and publishes the video on Periscope; SBI's CEO Re-affirms Commitment to XRP; Instamatch Global hints at the future direction of its CordApp with a description including XRP and the Corda Settler; KingBlue is asking for community help in winning an Uphold membership drive contest that could result in thousands of dollars for St Jude; and Thomas Silkjær updates his XRP Ledger graph database for XRP community data researchers. 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 Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  3. 5 points
    lucky

    Discontinue xrpcharts.ripple.com

    After reading thousands of "XRP is centralized" posts, I come to the conclusion they all boil down to Ripple owning 60% of the tokens. All the other arguments are secondary to that. Ripple distancing itself from XRP through their 2018 rebranding campaign has not changed the perception, in fact, it has made things worse, because not only did they weaken the brand and visual identity of XRP, they are now also viewed as hypocrites. Abandoning xrpcharts will not change the ownership issue, therefore it will do nothing for the "XRP is centralized" argument, and will give further amno to the hypocrites argument. I love xrpcharts. There is no other chart that matches its visual quality. Ripple should be proud on that, and not abandon it.
  4. 5 points
    I thought you might have missed the Moneynet story, this story dove-tales with comments in this video This video with the subversive Treacher and Mercury FX laying it out in very plain English is excellent. For me the the ace moment was 4.45: "There is no reason why two people could not be members of the XRapid network and we would not have to go through a clearing bank" There is a story developing of the huge potential of using Ripplenet to bypass the banks altogether. This idea would spread like wildfire through the business community, connect both the poor and big business directly with each other and could short cut the mass adoption of XRP/Ripplenet by several years That this is actually beginning to be available was the big story of this week but no-one seemed to notice it.
  5. 5 points
    Zerp_Legend

    MV37

    Are you guys telling me to buy more ?
  6. 4 points
    Thank you again Hodor. This last week has seen some very impressive announcements which make me think XRP/Ripple/R3 are gaining momentum across many markets. Is there a reason you did not mention the MoneyNetInt story? The concept of facilitating companies direct access to Ripplenet without the need to use a bank seems to me an obvious development that will be very popular. It has been very surprising that the price of XRP has stalled when compared to the other big cryptos, ETH is now back in No. 2 position. However I do not think we should attach any significance to the valuation of XRP by the markets. Kitao (that man has such a profound sense of his destination) used words along the lines that "crypto" have no "fundamental value", by which I took him to mean current market valuations are essentially arbitrary. I like to watch is the BTC/XRP index. You would expect XRP to be accelerating faster than BTC but in fact for some weeks the value of XRP has been falling against BTC. I struggle to explain this lack of interest, given the massively good news XRP has received since last Christmas. My personal explanation is that the three FUD stories that we so successfully rebutted (Fake Banking partners/Frances Coppola/JBM Coin) have been believed within the narrow community who are currently moving the market prices up. There is a widening gulf between the people who invest in BTC, ETH and TRON and investors who choose to follow XRP. The weakness of the XRP bull does not worry me.
  7. 4 points
    Eric123

    Epic Pennant on BTC Chart

    @JannaOneTrick I noticed I really didn't answer your question. When do I expect the run up to begin? Long answer When I started this thread it was basically in contrast to many analysts that were expecting a capitulation moment to occur when bitcoin would break the previous low of $3,200 on huge selling which would eventually be exhausted and as a result a bottom would be made with estimates of price anywhere from $2,800 to $1,200. I in contrast felt that once we broke the downtrend on the pennant that it meant that the bottom was already in and we would move sideways and up from there. So I expect us to move up and sideways from here and reach the previous high this November and go parabolic again in the first or second quarter of next year. Short answer (based on my analysis for what that's worth) Run up starts NOW. Picks up speed toward September goes crazy February - April of next year.
  8. 4 points
    Let's not forget about this most master of master plan Everis slides:
  9. 3 points
    My bet is they are faking it to appease their customers. Faking as in the settlement did not go that fast, they simply change the numbers in relevant accounts so the customer is happy. Maybe they are even doing the administrative work for payments after 17:00 on a work day, talk about innovation. Banks are getting sweaty palms because Ripple is proving the world that the world of payments is archaic. The banks are making great efforts to superficially serve the end user, but they are doing **** all for the Internet of Value. /rant
  10. 3 points
    OzAlphaWolf

    BABB (Bank Account Based Blockchain)

    Thanks @TheHoff. I need to look into this further. I hadn't seen anything about it. Cheers.
  11. 3 points
    karlos

    4.4.0 Update

    The forum is now updated to 4.4.0. Can you please let me know if you encounter any bugs/issues. Thanks!
  12. 3 points
    tulo

    Discontinue xrpcharts.ripple.com

    I tell you why I wouldn't build anything on RXPL (but my opinion is changing): XRPL was centralized until mid 2018. All the nodes in the UNL of basically every server were controlled by Ripple. You can understand that building a business with a piece of software that basically could stop anytime because it's owned by a single company is not that good (unless you sign contracts with this company and they guarantee you the service and so on). But in 2018 the things changed and we moved to decentralization which was awesome IMO. TPS: Ripple claims the XRPL can handle 1500 TPS but I haven't seen any theoretical nor practical proof of this. Imagine I build a decentralized exchange on XRPL and then 1M users sign up and we discover that XRPL can only handle 100TPS. It would be a disaster. Interfaces: ripple-lib seems the most advanced tool to interact with XRPL, but the documentation sucked until last year, and it is continuously changing making impossible (or very time/resource consuming) to build something with it. In 2018 we have seen lots of changes, but maybe next year Ripple will hire someone else and he will change everything again as already happened (3 times already). One can build their own tools to interact with rippled but since it's a very complex system it'd requires lot of work. But as I said things are getting better and better...so maybe it's just a matter of time.
  13. 3 points
    Simoun

    MV37

    From an MV37 Q3 2018 whitepaper:
  14. 3 points
    I haven't seen any recent news, so if you have a link, please feel free to share: I covered their original announcement last October in this blog: https://xrpcommunity.blog/crypto-and-xrp-next-generation-money/ I think you hit it. While XRP Community has "good D" (basketball parlance), the FUD did exact a price. We will overcome it like we always do; with facts and real world business progress. Sometimes I think there couldn't be anybody better than Brad "Peanut Butter Manifesto" Garlinghouse in the current situation. Keeping the team and priorities focused is going to be key for both XRP stakeholders and for Ripple.
  15. 2 points
    It's all a bit concerning. This is the first whiff I've got of anything being wrong. cc: @ecent @Pablo
  16. 2 points
    LordVetinari

    Discontinue xrpcharts.ripple.com

    Take a minute. Imagine, Ripple decides to change the optics. How long before human behavior produces nuggets such as... No one uses XRP. It's so bad Ripple pulled the plug on the charts site so it's impossible to see just how bad it is. Why would anyone want to make their own tools, there's no incentive. They just want others to do the work for them just like their validators. The fact that people ignore facts is no reason to cater to their lack of understanding. It is literally a site that does nothing more than display data from the ledger and there is no rational reason Ripple should not have a site that shows information about the network.
  17. 2 points
    lucky

    Discontinue xrpcharts.ripple.com

    If you ever have a debate with someone who thinks owning too much XRP is a roadblock to adoption, you only have to ask one simple question: "Is owning too much XRP an unsolvable problem?" The valid answer to that is of course NO. Owning too much XRP is the easiest problem to solve, either by donating, selling, escrowing it 100 years into the future, burning as fee, or sending the XRP to a blackhole address. So, if that is indeed a roadblock, that roadblock will be removed. It may be something like that is in the works. If Ripple ends up with just 5% XRP, while the asset is being adopted globally, that's still a massively good deal.
  18. 2 points
    https://www.bloomberght.com/finansal-teknoloji/video/blockchain-ile-para-transferi-ingiltereden-sonra-abd-ve-ispanya-ile-olacak/62026 "Customers does not care if the transfer is called SWIFT or something else, they want simple and fast." " Our biggest investments will be on making transfers simpler and faster."
  19. 2 points
  20. 2 points
    iLeeT

    Discontinue xrpcharts.ripple.com

    I'd say, let the end users decide - if there's a better UI for XRPL metrics etc., the traffic will start slowly moving there to the point where it makes no further sense for Ripple to support XRP charts. Don't know about others, but XRP charts is usually my default place to go looking for information (together with Bithomp) - I like the UI, feels fancy. If it would've worked to help the decentralization argument probably it would make sense, but most 'journalists' usually have their own agenda anyway - they hold some other coins and are getting paid to put out dumb articles, no matter the facts. Plus, the most heavy centralization argument is the amount of XRP Ripple holds - and it's a fair complaint imo.
  21. 2 points
    Tinyaccount

    Discontinue xrpcharts.ripple.com

    Oh I may have misunderstood you... the “some people” you were referring to were Ripple. (If I now have it correctly). So you were saying that we shouldn’t be asking some people (eg Ripple) to not aggregate data because in fact it’s public and anyone can do with it as they please. So your opinion is that Ripple have as much right as anyone else to display charts. I’m sorry I didn’t understand it more quickly. I’ll shut up now.... (unless of course, I’ve gotten the wrong end of the stick again... in which case I’ll have to make further apologies). BTW... my opinion is that CM probably is correct in the effect he describes, but I don’t think the solution is less involvement by Ripple. The long term solution is the utility that is current and growing. That’s just my view... I’m generally wrong....
  22. 2 points
    lucky

    Discontinue xrpcharts.ripple.com

    Try committing a blocksize limit increase to the "official" bitcoin repository, and see how that goes.
  23. 2 points
  24. 2 points
    fiik

    MV37

    More info on these tests. http://www.dtcc.com/news/2018/october/16/dtcc-unveils-groundbreaking-study-on-dlt
  25. 2 points
    Spekul8

    Day Trading Crypto Currencies

    The .33 is now a major resistance on the XRP. No advance forward until we break and stay above this area. BTC, break of 4K will bring $4,200. we have a much better chance on that now due to momentum.
  26. 2 points
    Thanks once again @Hodor This was so very well said- (quote from blog) "Now let's look at the way XRP was organized at its outset. It's creators were not only developers, but consisted of a wider variety of stakeholders, including some Silicon Valley visionaries that knew all too well what it would take to champion adoption of a digital asset on a large scale. Chris Larsen had been a part of multiple fintech startups at that point, as well as the other early members. Even the lead cryptographer & engineer, David Schwartz, was a steeled coder that had done consulting stints at WebMaster and at the National Security Agency. This team was not comprised of starry-eyed, idealistic youth that thought banking would disappear overnight if only the world would adopt their digital asset. No, this was a very different team, and they knew what it would take to reach true global adoption of digital assets, and specifically what it would take to overcome the implacable hindrance of financially-motivated obstruction." "...And all the while, we've seen steady and methodical growth of the XRP ecosystem, even prior to XRP's widespread adoption as a cross-border payment tool. It's happening; and we're starting to see the fruits of these labors develop results that will take XRP to levels far beyond that of any digital asset with a weak sponsoring organization. Whether it's the main use case of cross-border payments, or some of the new use cases that are gaining favor with the market, such as micropayments and smart contracts, XRP is flexing its considerable muscle." (bold emphasis is mine)
  27. 2 points
    @Hodor Your blogs are generally good, but this one is outstanding! Thanks!
  28. 2 points
    I was looking at going to this but when I saw the ticket price I couldn’t help but think about using that money for something else more constructive. Getting more XRP with that ticket cost for example has the ability to be better for me than the memories of attending.
  29. 2 points
    Simoun

    MV37

    If you recall, there were two distinct volume surges on 9/20 and 9/21 last year. Both occurred at 12:00 UTC. Volume and price were then sustained, albeit some market aftershocks up and down. MV37 specifically noted that two performance tests were run. This aligns well with the two pumps. And DTCC is going live in May this year.
  30. 2 points
  31. 2 points
    Your wife gave you money??? Does that really happen?
  32. 2 points
    If anyone else is interested, I have spotted a certain address on the XRPL that has been streaming XRP payments (1-2 every single ledger close) to the Philippine xRapid partner Coins.PH. These payments have been going on for at least six weeks (when I first noticed). Each payment seems to be going to a different destination tag at the main Coins.PH address: https://xrpscan.com/account/rUtCyL45mkqkSqvnoGMHJsqopmrAr1azDa Furthermore, this address never carries a large balance, but is constantly being refilled with <1000 XRP. I'd be curious as to what is going on here.
  33. 2 points
    I never had any doubts Everis was using Ripple, but it is nice to have a recent confirmation from them. Below is a post by Everis UK from February 2018. http://insights.everis.co.uk/post/102epdb/at-1trillion-market-capitalisation-is-xrp-the-only-real-crypto-currency-due-it Also, below is a link to a webinar Everis UK put on in September 2017. https://www.brighttalk.com/webcast/15381/262389/how-blockchain-is-revolutionising-financial-services. Below is a post I made a while back on their webinar.
  34. 2 points
    Put her on the ignore list, a great feature of XRPchat, or simply PM the mods here to ban her by reporting her as fudster. That should do the trick.
  35. 2 points
    Just use the words 'calm down'. That always works...
  36. 2 points
    no risk, no reward -- end of the day, when you invest in anything you should have an exit strategy you either decide to stick it out, or change it up what's awful, is being inbetween -- you need to be confident and forget about it for a while, or pull out, but don't be in that inbetween stage
  37. 2 points
    PlanK

    100,000,000 XRP Transferred/Purchased?

    Don't mind me, folks. Just setting aside some money for the weekend.
  38. 1 point
    cmbartley

    Discontinue xrpcharts.ripple.com

    Point being that the XRP community has a bad habit of pretending like XRPL is more decentralized than it is. The community cries "decentralization" while desperately waiting for any bit of xRapid or Ripple news. There's a reason there are fewer XRPL github contributors than for similar sized projects. Now I don't think that's a bad thing and I'm not interested in vanity decentralization metrics. A bit of centralization has actually allowed Ripple and XRPL to ship product and make forward progress, but let's admit that although in some ways XRPL is more decentralized than other networks, in many ways it is more centralized. And that's okay. And this comment is actually meant for the original poster commenting on "FUD". It's really annoying to see anything the community perceives as a criticism of Ripple, legitmate or not, labeled as FUD.
  39. 1 point
  40. 1 point
    Rust

    MV37

    @Dario_o As far as I understand, they confirmed their tests to have been undertaken last September. This somewhat coincides with the positive price action we saw. The price action and volume seemed to pop at the same time each day suggesting a singular entity. Someone please correct me if I am incorrect.
  41. 1 point
    I thought the KYC is embedded in XRPL - in so far a everything in the transaction is recorded and has an audit trail. But is there already something of Pandora's Box in all of this? For instance how can Mojaloop be KYC (know your customer) or AML (anti money laundering)? Quote "Customers should be able to send digital payments to anyone, regardless of what kind of account or service they use. Mojaloop makes it easier for financial providers to achieve interoperability". One end is a Nigerian Maid on her phone in London or Paris, on the other a family with a mobile and no bank account in a Nigerian village on their phone. - where does the bank intervene to vet the maid and the Nigerian family with KYC? On the one hand digital money makes fraud much harder because everything leaves an audit trail, on the other it make it much easier in that it creates cold wallets that eliminate the need for bank accounts. Can Cold wallets be frozen? Can the authorities follow my money if I quietly move my tens of thousands of XRP around in cold wallets?
  42. 1 point
    eXtRaPolate

    MV37

    Possibly due to a non-disclosure agreement? Much like anything else in this industry... we'll all just have to speculate until there is irrefutable evidence to support it.
  43. 1 point
    "OKEx will be adding support for XRP and Bitcoin Cash to its C2C trading markets – also known as the fiat-to-cryptocurrency platform. Users can now buy and sell these tokens with supported fiat: British Pound (GBP), Chinese Renminbi (CNY), Vietnamese Dong (VND), Russian Ruble (RUB) and Thai Baht (THB)." https://www.chepicap.com/en/news/7626/okex-adds-support-for-xrp-and-bch-in-c2c-markets-delists-several-others.html
  44. 1 point
    this could be big, they have a larger exchange adjusted volume than Binance , in fact the biggest of any exchange at least according to cmc (Si shaves tongue for mentioning them)
  45. 1 point
    Simoun

    MV37

    I'm not familiar with DA's platform, @Paradox, but I don't believe there is anything proven other than XRP for settlement, and Accenture has the tech to enable interoperability between DA's platform and R3 Corda (not to mention Hyperledger, Quorum, etc.)
  46. 1 point
    Me too. The right people have turned up on the Government side . Google the featured speakers and you'll see this is a great cast of the crypto space. The list of people speaking just gets better and better , Hester Pierce Commissioner, U.S. Securities & Exchange Commission has just been added , who's next Donald Trump
  47. 1 point
    "It's taken years, but the pieces that have been put in place are now serving as solid stepping stones to a future where XRP supercharges economies on a global scale. " Nice @Hodor well said , you have to have a strong foundation, otherwise it topples over , also ,slow and steady so the pace doesn't outstrip the technology. "We are ready, and despite any temporary market swings, the future belongs to the digital asset with the strongest championing organizations, businesses, and community. The future of digital assets is represented by XRP. " Verbal symphony of words Well, it's hard not to get too excited with the developments of late and whats happening this quarter, thanks for keeping the vibe going.
  48. 1 point
    But thats assuming no utility, only speculative buyers. With utility you'll have global money markets entering the arena. That's where 40 trillion dollars can come from.
  49. 1 point
    Think of it this way... I'm an AOL chat user. There's a new, better chat called Twitter that opens, but barely anyone uses it yet. Do I want to go back and forth between AOL and Twitter to communicate with people? No. Of course not. It's the network effect in action. Swift has that network now. XRP doesn't (yet). It would it be massively preferable for some third party (R3) to integrate the two platforms (AOL and Twitter) so I can message people on both at the same time, only for users to slowly realize Twitter is superior, eventually making AOL obsolete as people transition over.
  50. 1 point
    BluKoo

    Will XRP *EVER* hit $1,000? *Poll*

    Sometimes I think $1000 per XRP is ridiculous. But then I'm reminded of this chart and then I start working out the spec of my yacht.
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