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Showing content with the highest reputation since 01/11/2020 in all areas

  1. 25 points
    King34Maine

    Ryan Zagone gone from Ripple?

    I tend to agree with you. There's more going on here than what we, as 3rd party on-lookers, are privy to. Like you said, you don't get investors to pony up 200-million dollars via a Series C if they suspect they wouldn't/couldn't see a return on that size of an investment. I think that 1 of 3 things are possible. The 1st is that Ripple is about to make a significant acquisition (most likely). The 2nd is that they are working on a merger between themselves and another entity (my #2 guess). The 3rd and final is that they are possibly being bought-out (least likely). All of this is pure speculation on my part, however, I believe it fits/aligns with recent statements (01:15 - 01:47) made by Brad G (Ripple CEO) of late around the topic of M&A/Consolidation of this space. In a recent Fortune article regarding Ripple's recent Series C funding round Brad stated that "the company did not need the money, though the funds will provide "balance sheet flexibility." "Balance Sheet Flexibility," to me, is code for a M&A move. He goes on to say, at the end of that article, "It's been a tremendous, tremendous year for Ripple....adding that the company will be disclosing more numbers and major announcements in early 2020." If either of my assumptions above are true, I suspect the exodus of these top executives and directors is as a result of negotiated re-structuring. As with most M&As often times the acquiring company or newly merged entity has to streamline the work-force. I'm expecting to hear something significant from Ripple on the M&A front here shortly or within the next couple of months.
  2. 14 points
    LeonidasH

    XRParcade anniversary

    XRParcade is 1 year old, time flies by!
  3. 12 points
  4. 12 points
    Caracappa

    Security complaint

    Oh boy... So these are the sources you base your negative sentiment on. You're being informed by cryptoslate. I thought you researched, but you just take tabloid quality sites for real. Read the other articles they provide. They, just like you, don't like XRP and Ripple. "Why do people think I'm a troll, I don't get it..." What are you doing here anyway the price is trending up currently.
  5. 10 points
    Ripple have just borrowed 200 million on top of money they have in the bank, so the theory on the Zigone thread is they are positioning to buy or merge. Maybe with R3. If you were the owners of Ripple would you sell to Google? It seems the wrong tome to sell and lose control over your products that are awaiting reg clarity before bursting on the market.
  6. 9 points
    https://www.xrparcade.com/news/bitkub-is-ripples-official-exchange-partner-in-thailand/
  7. 9 points
  8. 9 points
    I was going to say something similar yesterday... it’s ironic that the reason SEC wants to have a say on these matters is to protect investors... and their reluctance or inability to have that say in this case is exactly the thing that is hurting investors the most. Very ironic.
  9. 8 points
    WrathofKahneman

    VISA TOKEN SERVICE

    So the Visa token is not a cryptocurrency, so to speak, it is a online TX token that they are putting on blockchain for security's sake. It represents a card, or perhaps the card transaction, but it is not the transfer of value itself, just a secure record. This "token" will never be on an exchange; it's an ID security protocol for the internet. The W3C has been working to standardize some of these things.
  10. 8 points
    baobeiiiii

    Epic Pennant on BTC Chart

    At the risk of sounding like the scrooge of Xmas, I'm expecting around 3600 usd per bitcoin in the near to mid-term. Once you strip away the FOMO, the Reddit, Twitter, YouTube hype and just look at the graphs... I'd say 3600 usd is incoming. I've lost 5-figures on XRP and I only started investing in June of last year! But, I've never once ranted or complained about the loss. It has however made me more cautious and a lot of people posting graphs here use TA and subconsciously slant it with upwards price movement in mind. If anyone wants to see the graphs I'm looking at for 3600 I'm more than happy to post (they aren't mine though). There has to be a voice of reason, if for nothing than to stop inexperienced people from losing money, and it's those people who tend to invest more than they can afford to lose. @Eric123 much love, but you've been consistently way off the mark. I would love for there to a bull-run, I like money. But wanting something and wishing it to be true doesn't work (just a general anecdote, not directed at you in any way). What I've found to be even more helpful than graphs, is the simple observation that if the price tends to keep bumping around a certain level, it inevitably goes down. XRP for example has failed to get above .22 even. It's going down imho; that's not scientific, but I'd be a hell of a lot more confident shorting it than long right now. Ditto for BTC. And the one I'd short the most is Bitcoin SV, that's cray cray... the most obvious short I've ever seen. If I had three kidneys, I'd bet two and a half on that. My post won't get the most likes, probably none, because people inherently don't like down-to-earth realistic and humble posts, but let's revisit this post in 3 months and see. I'm pretty smart and this is the conclusion I've come to after many months of research and having real skin in the game.
  11. 8 points
    Tinyaccount

    Security complaint

    The really disturbing issue is that Ripple has been using XRP to finance its operations just like what is done with a security, but the company and its officers persist in trying to misrepresent to the investing public that it is not a security You mean like an oil company sells its asset (oil) and is naughty enough to use it for its own operations? I don’t know for sure, but your text walls remind me of someone trying to look more of an expert than they really are...
  12. 8 points
    Eric123

    Epic Pennant on BTC Chart

    So we've been moving around the down trend line and we are currently above it, let's see how long this holds. Looking for a decisive move to the upside. Hash rate continues to increase and longs are deleveraging. 121 days til the halving, and Litecoin holding above $50. I think the people that were calling for $6k are out of luck. Go Baby Go.
  13. 7 points
    Rey

    Polysign Custody solution

    Welcome to XRPchat @Wharton_2020 There's a lot of information available on Ripple, the XRP ledger and the eco system. You might use the search feature to find answers to specific questions and/or join various clubs. Please read the forum rules before posting. Wrt Polysign, a visit to https://www.polysign.io/ shows that this organization targets "Institutional-grade custody for digital assets". Considering its modest size and the background of the founders and employees it seems logical that they don't target retail end-users directly. On UBRI (University Blockchain Research Initiative) Connect 2019 it was revealed that Xpring has been investing/partnering in several organizations, among them Polysign. David mentioned that they are currently in stealth mode and he also said that he was very excited about it but couldn’t say anything (more).
  14. 6 points
    Karl

    The general Public and XRP ownership

    I totally agree. Blockchain semantics is the ultimate-ratio in any governance where costs, speed, transparency and documentation is needed. It's only the US administration that have currently issues with being on-time. The switch towards the IoV is already happening (see Europe and Asia). And of course XRP will play a significant role in it. Retail investors in general are very fragile and manipulatable people if it's about their money. A non-mineable B2B utility asset like XRP, that is actually mobbed by the mining industry, needs institutional investors, and they will be part of the market in ever increasing numbers. I really have no doubts. Sources: https://ec.europa.eu/digital-single-market/en/blockchain-technologies et al.
  15. 6 points
    Molten

    Charting the course of XRP

    XRP pulled back a bit but bounced off the 0.618 fib and is holding well. Until it breaches that level convincingly, this is all part of a normal retracement after a run. Any further dropping would suggest that this little run might be over. $0.223 is an important level to hold.
  16. 6 points
    Caracappa

    possible Ripple buy-out soon

    I don't think banks are very keen on handing their payment flows over to google... same privacy issues as with facebook.
  17. 6 points
    Caracappa

    Epic Pennant on BTC Chart

    I gave you a like, as you could be very right. But also very wrong. Agreed that currently there is not a single reason for the market to go up. Majority is out of crypto, regular news outlets are silent on it and there is no new money coming in at any moment now. The reason why I never swapped my XRP for Fiat however is that with this market you never know when. The whales (who like to make money) could just take any random announcement to bring up prices again. A 100mln boost like to BTC last year creates a new bullmarket for weeks. Investors have instant amnesia once it turns around like the last cycles in the previous decade. And news outlets just need a few weeks of reporting before new/old retail comes running back in. I've got time and written my investment off. I'm not going to hunt potential profits by trading for the risk of a loss. I think 2020 a lot of things are allready happening, mainly the point we were all waiting for. Regulations in the US. And I do not think it will go much lower than $0.20 as that ($0.15 - $0.25) was the previous accumulation zone during april and december 2017 and thats the pricerange most whales got their stashes in after cashing out most if it on the first wave. Ps. I also like the current capitulation mode many, including you, are in. That makes me bullish in the coming months.
  18. 6 points
    Eric123

    Epic Pennant on BTC Chart

    Looking at the chart now bitcoin's price is currently above the downtrend which began this June. We need to hold the 8,002 level today to stay above the trend line. Further bitcoin is still in a larger bear cycle that began in December of 2017 and it needs to break around $12,000 to reverse that downtrend. Bitcoin will not enter another bull cycle till bitcoin breaks it's ATH. @baobeiiiii my timing on when bitcoin would retake the ATH was wrong. But I have not doubt Bitcoin will eventually retake it's ATH and have another bull market and when it does I believe XRP will also go on a bull run as well and both will top out at multiples of their previous ATHs. When? I don't have a crystal ball. Bitcoin has to hold and break certain price levels to signal an upward movement. The price is at a critical level now. If it breaks below $8,000 it could sink further - $3,600 is possible though that is a lot more bearish than most of the bearish predictions which are around $6k. Short might be the way to go right now but Bitcoin always surprises. There are arguments to be made for Bulls and Bears. Good Luck. For myself I have been accumulating all during this bear cycle and don't plan on selling until bitcoin is well into a bull market. In the next bull market I believe any purchase made within the last two years will have been a good deal. Believe me I've got skin in the game too.
  19. 6 points
    Eric123

    Epic Pennant on BTC Chart

    Bitcoin is above the downtrend! @Baka I almost bought some BTC or XRP today myself.
  20. 5 points
    I’m fairly sure it will go much higher. But apparently not sure enough to tell my boss I’m retiring now. Sigh.
  21. 5 points
    I'm just glad to see that the top groups of holders are continuing to grow their bags.....I like that smart people seem to be quietly accumulating more and more XRP. This is a great chart that shows that that on top (yes some are exchanges but many are individuals)......continue to buy more, and more, and more.
  22. 5 points
    I could not find the we will never see prices this low again option.
  23. 5 points
    I have used your services and found exactly this... helpful friendly and competent experience... wow... thanks for calling in. One thing I’m wondering about... if you look at https://utility-scan.com/#/dashboard (which may, or may not, be telling the whole ODL story) then you see a regular large type of payment happening. So as I mentioned in my post: And I was wondering about the configurability of ODL... are you able to real time adjust the volume flow or is the flow adjusted programmatically to accomodate liquidity and costs concerns? I have plenty of questions but don’t want to flood you. We can make a thread here specifically for an AMA if you want to do that... entirely up to you of course. The liveness of a thread is not perhaps the same as Twitter but if you advise a time I’m sure you’d get many people ‘live’ on there. Anyway... I’ve said it before... you guys are great and I wish you every success. Thanks.
  24. 5 points
    Stedas

    XRP vs BTC comparison

    XRP vs BTC comparison chart General, technical and trading info + energy consumption comparison https://www.stedas.hr/xrp-vs-btc.html
  25. 5 points
    xrpzilla

    MoneyGram Expands Into India

    MoneyGram published a press release yesterday sharing how they're expanding into India. It really looks like a great partnership in the making. For Ripple... They just got a VIP, direct access line to India's massive remittance industry & now have the capability to serve a large swath of the country by utilizing Ebix's 320,000 distribution outlets. For Ebix... They're going from handling remittances of $3B with their distribution outlets across India to now partnering with Ripple. Ripple's network impact and financial incentives are a huge advantage in India's market, and it opens major doors for them to reach revenues for remittances that are magnitudes greater. I see this being a game-changer both within India's financial markets and for Ripple abroad. (Link for the press release.)
  26. 5 points
    Eric123

    Epic Pennant on BTC Chart

    Well we got the decisive move on big volume, I was waiting on to move above the downtrend line that began in June. Looks like the Reverse H&S pattern will complete at around $9,500 -$10,000. A "close" of over around gets us out of the larger downtrend which started in December 2017 - $12,000. Hash Rate is increasing. Halvening is coming up. Just waiting to see how the drama with Craig Wright plays out. Here is a link for people interested in what has just transpired regarding Craig Wright's Court Case. https://modernconsensus.com/cryptocurrencies/bitcoin/craig-wright-to-judge-bonded-courier-gave-me-keys-to-satoshi-nakamotos-1100111-bitcoins/
  27. 5 points
    xrpzzzzzzz

    Ryan Zagone gone from Ripple?

    LOL guys just watch this. He's talking about moving value at the speed of light at near zero costs. and he's talkign about BTC,ETH and XRP. How obvious can it be it's XRP LOL Glenn is the cofounder of silver lake. Guess who was advisor for silver lake lol
  28. 5 points
    itcdominic

    Ryan Zagone gone from Ripple?

    There is not one single successful company I know that likes to lose good people. And when people leave there are a host of reasons why....sometimes because the company no longer needs them, or wants them, or??? Sometimes the employee does not like the leadership, or doesn't like the culture, or has a better opportunity. The good companies do all they can to keep A players, develop B players.....and replace C Players. Based on the speculation for others on this XRPChat......they only see one potential option.....That these players are leaving on their own because the company @Ripple is a dying dead-end company. This is the company that just secured $200M in funding and has a valuation of $10B (With a B). Could Ripple crash and burn......yep....bigger companies have died.......but doing my own research.....I don't think so. Do your own research and form your own opinion.
  29. 5 points
    Tinyaccount

    Security complaint

    Whereas you sir, are no doubt, a joy to all around you... as you light their way with your wisdom and majesty. DAs are a new asset class. The regulators have intimated as much. Your points have all been endlessly debated and debunked here and yet you persist in flowing your speil out in great reams as you copy and paste holus-bolus from the interwebs. One wonders why...
  30. 5 points
    Molten

    Charting the course of XRP

    Action coming soon from this triangle. Failed breakout to the upside has me worried that it is ultimately going to break down.
  31. 5 points
    1st Quarter 2020 $1 2nd Quarter 2020 $3.90 3rd Quarter 2020 $5 4th Quarter 2020 $28
  32. 5 points
    I like all Tiny has written, especially the above which for me has always been the critical weakness in the argument that ODL transactions will not increase price. ODL will make XRP slosh around the world accumulating in the wrong places and creating local shortages. In the end XRP sold for dollars and bought in Renminbi have to be redeemed by a buy back in dollars (although not always through a direct route, the Chinese might use the XRP to purchase food from Africa, and America restock from Africa). It is the slowing down of the completion of the cycle between the buy and the return of the XRP back to the place of origin of the buy order that takes the XRP out of the system and causes shortages that will push price up, (I am guessing it will also push the price of reserve currencies down). On top of ODL will be Market makers and commercial companies carrying sufficient stock, smart contracts, commercial companies holding XRP in wallets and tokenisation arrangements. Micropayments are also likely to result in pools of XRP building in the system that will be cashed into fiat at intervals. XRP has a market cap of 9 billion in a market that is measured in tens of trillions. The big market makers can easily set aside 5 billion to cut the supply in half, like Bitcoin whales do, and they will because they will make huge profits manipulating the value of XRP by creating shortages. XRP will be more than just ODL, it will be an asset and currency. Small companies selling directly to customers across the world (like mine) will be offering the option of using digital currency on my e-commerce site, and XRP is the obvious currency to ask for payment through. I do not get this idea that somehow the price of XRP will languish when it is adopted as a primary bridging currency in cross border trade. In fact I am worried by the opposite effect, the more it gets adopted the more it will be hoarded as an investment tool rather than being left on the market to be used to carry money across borders. Once hoarding begins the cycle of hoarding increasing value through demand will create a bubble which in my opinion will be unstoppable. Think tulips.
  33. 4 points
    A special kind of idiot if they were thinking they were buying stock in Ripple , especially in 2018 when there was so much information out there to state the opposite
  34. 4 points
    Hello All, Obvious differences aside (different asset class and market maturity), I posted a blog recently where I give my opinion of how Amazon stock price over the years can teach us a few things about XRP. https://coil.com/p/moncho/Three-things-Amazon-stock-can-teach-you-about-XRP/47QOmuWVY The part that caught my attention about Amazon stock was its 35 month downtrend from 2003 to 2006. Those who were patient enough were handsomely rewarded. Do you think XRP has the potential to follow a similar trajectory as AMZN?
  35. 4 points
    jMusic

    Epic Pennant on BTC Chart

    Short-term (next day or two) I see a rise up to $9150. My uptrend VTL has not yet been broken, so the underlying trend is still up.
  36. 4 points
    Molten

    Charting the course of XRP

    Yeah, that's what I was worried it was about. I think you can go ahead and cool your jets on that..... there is zero chance that the world's elite are going to decide to relinquish their control on the world's currencies in favor a crypto token owned by a bunch of people like you and me. Let's get back to cheering on ODL corridors... you know, the actual use case that XRP was designed for.
  37. 4 points
    Amazon's stock price is directly tied to its value as a company. XRP's price is not tied to Ripple's worth as a company. Ripple just got valued at $10 billion, XRP did jack squat.
  38. 4 points
    Xrp isn't a share in Ripple business. That's completely different thing, than shares. Its really hard to predict future price and basically its just guessing.
  39. 4 points
    Rather than note my price predicitons, I'll just leave my own personal chart here. Do I believe it can happen? Yes. Do I see the pattern repetitions show this? Yes. Do I hope it happens? Yes. In my gut, do I think it will happen? No. I remain bearish in mind, but bullish in spirit.
  40. 4 points
    https://www.xrparcade.com/news/zakinov-v-ripple-labs-ripples-motion-to-dismiss-taken-under-submission/
  41. 4 points
    That’s is certainly looking true as things stand... but do not forget that it could change tomorrow. On any particular day the SEC could issue clarifying guidelines or determinations that would clear the way for XRP. So we might be just days away from regulatory clarity. Or not.
  42. 4 points
    AlejoMoreno

    Charting the course of XRP

    That’s why I always say don’t get excited when XRP does it’s typical “24 Hour squeeze” where it’s the highest gainer of the top 10 because right after that, it always underperforms. There’s definitely an odd behavior to how XRP moves with respect to the rest of the market. XRP rarely rides the wave for whatever reason; it either fails to perform (almost always) or raises hell out of absolutely no where and shoots off like a rocket (almost never). Naturally, everyone here is awaiting the latter (which will hopefully come before Jesus does).
  43. 4 points
    https://www.xrparcade.com/news/ripple-files-motion-to-dismiss-patent-infringement-case/
  44. 4 points
    dr_ed

    Epic Pennant on BTC Chart

    Remember the hash wars? I really don't view this as necessarily positive for the space (although my alts are up nearly 10% today, which is nice.). It could crash back hard and take everything down with it. Just sayin'. I don't like anything about Craig Wright, regardless of whether he has the keys. The only thing he cares about with regards to crypto aopears to be his own financial interests, which doesn't exactly mesh with the Satoshi mythology. If you invented the concept of cryptocurrency, would you act against the interests of the entire crypto community the way he did in 2018? It just doesn't add up to me.
  45. 4 points
    Caracappa

    Security complaint

    Taking the same argument, BTC miners selling BTC to fund their operations... The problem with a lot of points in these discussions are they don't go further then "Look, this matches some of the criteria so it proves it is this or this". The discussion is more complex. This thing with four weels can bring me from A to B, so it must be a horse.
  46. 4 points
    Q1 $ 0.28 Q2 $ 0.8 Q3 $ 1.20 Q4 $ 3.40 Based on rigorous guess work ...
  47. 4 points
    Undershoes

    Security complaint

    None of that is new evidence. They are the same arguments, rehashed.
  48. 4 points
    Wharton_2020

    Polysign Custody solution

    Thank you guys for the information and warm welcome!
  49. 3 points
    Caracappa

    Charting the course of XRP

    I read the decision was rescheduled again to somewhere in February to a new judge, but she did not go with the dismissal thingy. This is going to be stalled and stalled. Perhaps just in time for the new bill proposals to pass so a better decision outcome can be made. On a side note. I think your price point picks are completely random
  50. 3 points
    Julian_Williams

    MoneyGram Expands Into India

    2020 is starting well!
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