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Showing content with the highest reputation on 08/23/2019 in all areas

  1. 8 points
    LONDON 2019 October 23 - 24 There are a few presentations that I find interesting. But I was mostly and highly anticipating a Corda Settler session. And it has been added today! CordaCon website
  2. 6 points
    Hodor

    Visionaries vs. Protectionists

    Blog URL: https://coil.com/p/Hodor/Visionaries-vs-Protectionists/Dtw6Y_8Vw Who will you follow:The visionaries or the protectionists? Learn more, along with all the latest news impacting XRP, in today's blog! 𝐑𝐒𝐩𝐩π₯𝐞 𝐍𝐞𝐰𝐬: The SWELL Conference website is updated with more details; The fourteenth episode of the Ripple Drop is released; Shanna Leonard reveals details about Ripple's marketing efforts; and the Technology Policy Institute (TPI) covers regulatory challenges facing Ripple. 𝐂𝐨𝐒π₯ 𝐍𝐞𝐰𝐬: Stefan Thomas discusses the importance of the Web Monetization standard with Reinhard Cate; and I indicate six recommended Coil content creators to check out for subscribers. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Nasdaq includes XRP in its default cryptomarket listing; Xago shares the results of their latest meetup in South Africa; and Colodax, CBANKX, Simex, and goFaast all add support for XRP on their respective platforms; 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
  3. 6 points
    automatic

    Epic Pennant on BTC Chart

    @Eric123 My perspective is a bit different; in my opinion the alt season begins once BTC momentum tapers off and the price becomes stuck. While this may take place after BTC hits some ridiculous ATH, I think that chances are pretty good for the season to start before BTC ever hits 30k (which is the magic public FOMO boundary imo). The reason for my thinking is market manipulation and whale (MM/trading desks/whales) action. Since the market remains unregulated, no safety checks exist that would prevent large players from using their shenanigans to move the market to their advantage. While these large players will be after the exact same thing as retail investors (buy low, sell high), their predicament will be somewhat more complicated due to limited crypto liquidity. Fortunately for them, they can use their large size to move the market to their own advantage and create liquidity needed to enter or exit positions. Unfortunately for everyone else, that liquidity is always created at the expense of retail traders. Take the recent xrp drop below a multi-year support; how many people do you think had their stops set right below support as they were *certain* that the support would hold? Push price below support, trigger stops, create a mountain of sells, mountain of sells provides excellent liquidity for whale market entry at rock bottom prices. Easy-peasy! Hopefully the next step in this sequence is to capitalize on positive xrp market sentiment by pushing the price above intermediate resistance, create a mini bull run, capitalize on the public FOMO, and unload into the wave of retail investors jumping onto the xrp bandwagon. That scenario aside, one angle that is missing from nearly all analysis is the one that attempts to predict what whales and large MMs might do given a particular technical setup. To do exactly that, I think it is important not to only look at price action, sentiment, supports and resistance, but to also contemplate where liquidity is located as liquidity will be the key factor driving whale action. Breakdown/breakout/fear/fomo/short-long squeeze will all be the tools used for extracting liquidity from retail investors in this instance. Wit that in mind, these days I try to not only look at TA and sentiment, but also overlay that with thinking like a market manipulator. Yes, this is the setup, this is the sentiment, this is the expected price action... okay, now if I were a whale what would I do to profit from this setup? When I apply that type of thinking to our current setup, this is what I see: I need to get BTC to 30k; BTC momentum is drying up; alts are freeze-dried (to quote @dr_ed) but people are still bullish and calling for the alt season; no one thinks that BTC will drop below 9k ("that's not how the bull market behaves"). Ok, what I can do now is slowly start to pump the alts to get people looking at that direction and gradually interested; then, I can drop btc to speed up the transition to alts; then I can push btc below 9k to really trigger those stops and create entry liquidity while at the same time pushing alts even higher; then I can sell my alts right into the wave of retail selling their btc and convert my newlyfound gains back into btc at rock-bottom prices. Far fetched? I think it was Phil Potter who said something along the lines of "if it wasn't for us, BTC would have never gone above 2k". Plus, I distinctly remember back in 2017 losing my mind trying to time alts vs btc since as soon as I would jump onto one bandwagon it would begin to pull back and the other would start going up. The lesson there is that large players can effectively use alts to fuel btc, and btc to fuel alts. Alts have thus far not fueled btc, but they are freeze dried and ready to go. Once btc gets stuck, my bet is that it will be the alt rally that refuels it for the next leg up. As to whether btc will get stuck before 30k, we will have to wait and see.
  4. 5 points
    Molten

    Epic Pennant on BTC Chart

    I agree, you can see a potential falling wedge that we have been in since late June that we may be ascending out of. Very bullish if so. If not, and we believe the pattern is real, it's set to break out in late September. This sort of jives with everything else that we are seeing. So, either a break down here off of the upper trend line and back into the wedge or....
  5. 5 points
    Eric123

    Epic Pennant on BTC Chart

    @Milly238 I have a bullish bias because I think Crypto is the future, but short term direction is always tricky. XRP is bouncing against the top of a downward trendline that began on June 26, when everything peaked and then retreated. I think we break through the top of the line here and get a move up in the whole market which I think happens soon - (matter of days). XRP's chart being right at the line is making me more confident that this will occur.
  6. 5 points
    Eric123

    Epic Pennant on BTC Chart

    Day 3 of my missed prediction. We have 3 red days in a row on bitcoin today is slightly green about 1% up. Slight turn up in XRP about .7 % so Moral is up, it's not a big move up, but anything other than a kick in the teeth for alts is met with elation at this point. I have every confidence things will turn soon, big move on big volume that makes everyone forget the last week. In regards to ALTs. Like I wrote before I don't think ALT season will kick off until Bitcoin has regained it's ATH and gone Parabolic. My whole Idea of ALT season is that people see Bitcoin's price go parabolic and those that missed out on it look for "The Next Bitcoin" . If Bitcoin Sh*ts the bed and drops to $9k and tons of people lose money, no one will be looking for the next way to lose money. For most of the public Bitcoin is Crypto. If Bitcoin is a bad investment so is Crypto. I do think we are due for some price appreciation which will happen but I think it will basically in sympathy to bitcoin's move. Just at a glance it seems that ALTs have been moving about double to bitcoin. Move up of 5% on bitcoin = move up of 10% of Alts, just a basic rule of thumb I go by. As to specific ALTs, it seems that Most, ETH, LTC, NEO, the whole community really with the exception of XRP are having development issues which seem to be related to the lack of Blockchain Programmers. Obviously the lack of a talent pool is a this a growing pain of all industries at their initial stage of development and it shows how early in the game we really are. XRP obviously through the efforts of Ripple does not seem to have this problem or at least XRP has enough products developed for it's platform to be functioning as intended (although I'm sure they are probably experiencing the same issues with regard to additional development with regard to the other less mentioned uses for their platform (smart-contracts, etc). So XRP is uniquely positioned at the front of the ALT as far as I'm concerned and should be able to really take advantage of buying momentum when the market turns.
  7. 3 points
    fortesquieu

    Epic Pennant on BTC Chart

    Gotta breakout that wedge with convictions!
  8. 3 points
    Benchmark

    Epic Pennant on BTC Chart

    Hear hear!
  9. 3 points
    WuWei

    Epic Pennant on BTC Chart

    Thank You! As many times as I've glanced at these numbers, I never thought to look at payment volume as a percentage of the trade volume. To have moved from less than 50% to the current 70%, is a sign of great things to come, imho. Of course, this isn't "investment advice" (hahaha) but if timing is everything, and someone is still on the fence, this looks like it's shaping up to be a great opportunity to "run with the bulls" without getting gored.
  10. 3 points
    dr_ed

    Epic Pennant on BTC Chart

    Ledger Market Volume/Total Market Volume is rising now, over 50% for the first time in about a week. It's just the 22nd. Maybe it will rise from now into the first of the month.
  11. 3 points
    MQB

    Epic Pennant on BTC Chart

    They will do the opposite to what the majority think they'll do(and take actions accordingly)
  12. 2 points
    dr_ed

    Visionaries vs. Protectionists

    In my view Web 2.0 is an aberration, not the long term future. I sure hope so, anyway. It needs to evolve. Like one of my personal heroes Jaron Lanier, I long for a return to the days when the internet belonged to everyone. BSM.....Before Social Media. BG...Before Google. It's too late for that, but the future has promise. I'm old enough to remember some of my boyhood heroes like Stewart Brand......telling us that the net was coming... it took so long I wasn't sure they were even right. But they were. It was life changing for me, in a positive way. But I'm not sure what we have now is always good for us from a personal or a cultural standpoint. I support those like Larry Sanger who are working to help us take the net back. I'm not sure it's possible, but I know it's a worthy goal. I see blockchain as very fundamental to making some of the the good things happen that need to happen... Many who are hodling crypto don't even quite get what this fight is about, or care. But it does matter, in my view..... and decentralization is perhaps our best chance for wresting control from the corporate behemoths. That's my axe to grind, thanks for letting me grind it. Check out Larrys blog.
  13. 2 points
    AlejoMoreno

    Epic Pennant on BTC Chart

    Even though there's small bit of green in the day over day %, every single day will be a dead doodoo poopoo day until XRP holds at $0.50 without ripping down like a fat lady ripping through a trampoline.
  14. 2 points
    dr_ed

    Epic Pennant on BTC Chart

    The idea is from Galgitron...xRapid use should cause a rise in this ratio number, so I've started tracking it. We briefly got to near parity last month and then it fell a lot...I've been told it goes up and down a lot...but it's only in the last 4-6 weeks I've personally seen it get above 50%.
  15. 2 points
    Canshred

    XRP catechism

    Is it untrue? Is there other coins that I ha ent researched that make that statement false? If you guys have lost hope move on man. What I see is a company very closely tied to the pulse of a revolution. That's why I'm in it. I pulled all my money out of mutuals in 2013 because I didn't trust what was happening with them. Once I did that I stopped complaining about a measly 4% ROI every year and moved on with my life. Noone knows what is in store for the future. I do know how ever how impatient humans are. Speed and transparency are a big deal when your talking about someones money.
  16. 2 points
    Molten

    Epic Pennant on BTC Chart

    The epitaph on all of our graves lol...
  17. 2 points
    2ndtimearound

    XRP catechism

    95% of negativity on this forum is "meta" - it's criticism of holder mentality, not XRP itself. The other 5% is criticism of XRP's fundamentals which is a healthy thing. However, this thread is an example of the former, not the latter. If the OP wants to put forward his concerns about XRP, then he should just do it - and keep it as factual as possible. Insinuating that XRP holders treat XRP like a religion ("catechism") is just ad hominem baiting.
  18. 2 points
    Ripple-Stiltskin

    XRP catechism

    Research shows that when retail sentiment is bearish, investing in traditional stocks gives a ROI of 25% next 2 yrs, while investing when sentiment is top bullish it’s 13% ( averaging last 20 yrs). ......sentiment is very low in crypto atm...
  19. 2 points
    AlejoMoreno

    XRP catechism

    Exactly, its like going to the FC Barcelona fan club page and saying you don't like them and getting surprised when they run you out. That's how "clubs" work. People join a club to be around people with common beliefs. This club called XRPCHAT is a group that likes Ripple and XRP. Perhaps people need to start a "I Hate XRP and Ripple" website and so they can run around in there and frolic all day about how much XRP and Ripple **** them off. Then I'll go to that website and ask them why no one in that group likes XRP and start trolling when they try and run me out.
  20. 2 points
    Overlord

    MGI and the "Ripple Effect"

    MG are trailblazing and there is no doubt that the Ripple/XRP investment has had a fundamental influence on the MG share price driven by improved margins, if the cost base remains reasonably stable and the revenue increases, margins improve and share price follows It clearly remains to be seen whether this position transcends itself down to the wider market and MG competitors wake up, see the benefit and follow suit however if i was Moneygram, when i sold a portion of my business and jumped into bed with Ripple then i would ensure that there are robust agreements in place to limit the use of XRP to my business only and not my direct competitors ie Western Union or similar, certainly in the short to medium term, i may relax this stance once my market share has increased or i may remain resolute and see my competitors go to the wall, whichever way this goes i don't see the 'Ripple Effect' of MG moving over to similar businesses that are in direct competition with MG What it will do is show a use case to the wider financial market that the use of XRP will drive costs down that will correlate to improved margins, share price etc etc
  21. 2 points
    Molten

    Charting the course of XRP

    Well this is interesting. For the first time that I've been following this rising wedge pattern on BTC dominance, we have run out of it. Could this be the reversal for BTC? Probably not, but bears watching. These past few days are brutally boring to watch....
  22. 2 points
    Trentsteel

    XRP catechism

    Disbeliever, burn him 😬
  23. 1 point
    GoldenGoose

    Visionaries vs. Protectionists

    Thanks, Hodor. Here's a typo: "If you're like me, not only did you do the math for my conservatively-small example, but you understand that this is a repetitive charge each month and could include multiple ISPs. ο»ΏThis idea is nothing sort of genius." No Zerp needed. Keep up the great work.
  24. 1 point
    WuWei

    XRP Soars 97% In Rally

    This is crazy - I just went to Investing.com's website and can confirm that the 24hr trading range did NOT soar as this article claims. After going back to the original article, I found this: "At its current price, XRP is still down 0.11% from its all-time high of $9.37 set on August 23." If XRP takes off tomorrow and breaks $9, I might wanna re-consider my coffee intake..... I have to presume that someone thought that this would be a fun way to stir up the "XRP Army."
  25. 1 point
    Ripple-Stiltskin

    XRP catechism

    The type of messages we got by hundreds weekly last 18 months. Broken record.
  26. 1 point
    Ripple-Stiltskin

    XRP catechism

    Context dear Watson, context. https://en.m.wikipedia.org/wiki/Suggestive_question
  27. 1 point
    Upcoming release of a program that automatically detects xRapid transactions on the XRP ledger? Mentioned in Alex Cobb’s online article yesterday... https://thexrpdaily.com/2019/08/12/ripples-xrapid-is-getting-busy-with-xrp-transfers-data-shows/
  28. 1 point
    Anyone found something with this script? I’m unfortunately not able to try it right now
  29. 1 point
    Frisia

    Ripple- Stop the dumping

    This is not entirely true. While I do share your view on the big holders, charity, donations and other past funding initiatives as for example the Clover coin, let's call it the "second category", your conclusion on the required 1 bln increase of supply is not correct because the price is determined by the total of supply and demand so the liquid part of the overall supply. Therefore the fresh money to compensate this 1 bln is only a fraction of this amount which in market terms is absolutely minor as explained by CredibleCrypto. Moreover, recently Ripple has lowered their monthly sales in order to bring it in line with more realistic volume estimates. This has not brought any significant change in the price behaviour compared to other coins, so probably the factor and the probable causes of sell pressure are to be found in this "second category". Furthermore, I'm quite convinced that as of today the distribution of XRP as well as the creation of volumes has a far higher priority than price. Ripple's main goal is to assure long term liquidity which could be in conflict with short term price targets, even if a higher price would be highly beneficial for Ripple for liquidity, of course, but also for their revenues. So it could be that price is sacrificed for the other two pillars distribution & volumes.
  30. 1 point
    OMG, you just don't quit with your completely unsubstantiated gibberish. Why the F are you still here? To save the rest of us?
  31. 1 point
    WuWei

    MGI and the "Ripple Effect"

    And when did he say this? Source please or else please refrain from your seemingly incessant negative posts.
  32. 1 point
    ringer2

    XRP catechism

    I agree but, unfortunately, that is not how I’ve found the forum to be. There is most certainly a catechism or a canon of XRP belief that is non-negotiable on here. Anyone who challenges those core beliefs are labeled trolls and fudsters. And the discord channel was even worse.
  33. 1 point
    The whole thing is an enormous scam and I think a lot of people might end up in jail .
  34. 1 point
    https://thexrpdaily.com/2019/08/22/xrp-community-member-releases-xrapid-transaction-finder-script/
  35. 1 point
  36. 1 point
    Yes, she does have an impressive CV. She did a very good Fireside Chat at Morgan State (UBRI partner) earlier this year.
  37. 1 point
    Tinyaccount

    XRP catechism

    I’ve noticed you getting a couple of threads started but I have you blocked... so presumably at some point I believed you to be one of those trolls. Both your topics just now are subtly anti-xrp so maybe I was right.
  38. 1 point
    Trentsteel

    The Big Deal

    @Hodor hodl
  39. 1 point
    How have you not been using coinbase pro? 😳 it’s basically free
  40. 1 point
    You mean to tell me that Corda is just another SBI, Bakt, CNY, Wallstreet Bonus?!!!!! Tell me it ain't so! I'm SHOCKED!
  41. 1 point
    Cooliozxrp

    MGI and the "Ripple Effect"

    David already said xrapid will not affect xrp price...
  42. 1 point
    jbjnr

    The Big Deal

    https://www.bbc.com/news/entertainment-arts-49432817 Well I guess there's one big name we can cross off our streaming music content monetization candidate list. "Taylor Swift has said she intends to record new versions of her hit songs after her back catalogue was bought by pop manager Scooter Braun." (Bold added). I don't know anything about him except that he's involved with Xpring and that I suppose she's not going to be making any new records for him soon ...
  43. 1 point
    Thank You! My manager of my store already reported this to the FBI.. Is it also necessary to report to the local police?
  44. 1 point
    dr_ed

    The Big Deal

    Good way to dispose of a billion XRP without moving markets and hurting hodlrs. It's pure genius, from that perspective alone. And I keep intending to start a new blog on Coil. I got so far as signing up...This summer has been a dry spell for me and my writing, about cryptos and everything else. This post is a call to action.....not that I have content that anybody would necessarily pay for....but I LIKE the Coil model and I hate the sh!t out of Google at this stage of the game. And I need to start writing again, for my own reasons..like impending old age....lol.
  45. 1 point
    Julian_Williams

    The Big Deal

    That visual showing how much money Ripple are investing in Coil is a big story. A little while ago I watched a video where Stefan Thomas explained how they designed the architecture of XRP (or was it Codius) to be very open and flexible to accommodate change. He mentioned how he was avoiding the pitfall ETH had fallen into, apparently ETH is written in a very dense manner with too many options. In a nutshell his mantra is: Built in plasticity wins over accommodating long lists of options for every imagined eventuality. This guy has a very intelligent approach to developing software. He helped design XRP and now he is going after being first in a very big market he has identified. I am quite sure the present iteration of Coil is open to changing to fit the markets that emerge. I think people should not think the way Coil has been launched has much to do with how it will look in five years time. Coil as it presently stand is an opportunity to get a few techies and XRP fanclub involved. This early in the project feedback is king and people like Hodor and Crypto Eri are doing their bit. Streaming payments is not just about videos and entertainment. I have many subscriptions: Business accounting software, Adobe design suites, Trade reference suites, Address finding software, Microsoft Office, Norton spam filters, mobile phones, voip phones and online tutorial services. This is costing my business many thousands a year. I do not like the blanket fees these software companies charge and would far prefer to pay by usage. My wife has a car she uses once a year. Again the insurance should be on usage in real time. Car hire should be streamed on usage. Parking meters should start when I park and stop when I leave. Streaming payments will be huge. Coil are building something with the plasticity to take advantage of the markets as they emerge, that's why Ripple are putting so much money behind their former CTO.
  46. 1 point
    RippleHerToShreds

    Ripple- Stop the dumping

    They leave the dumping to Jed, thanks to their very sensible dumping settlement. He gets another 50% increase in his allowance next March too! Happy days for hodlers, indeed!
  47. 1 point
    In other news, an asteroid could hit earth tomorrow.
  48. 1 point
    I simply will never pay to see "content" or avoid ads. Maybe that's just me, but i will never pay to browse the web. Long XRP, but i don't see this taking off.
  49. 1 point
    Dario_o

    Market cap, Xrapid and price

    42.890.708.341 XRP
  50. 0 points
    Tinyaccount

    XRP catechism

    I can only speak for myself... not others here, but I am happy to see any argument if it’s made with some basis to support it. The people who get maligned here most often are the ones who say things like β€œRipple are scammers” or suchlike and who make these claims based on nothing other than their own fear or because they are in fact paid to say so.
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