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Showing content with the highest reputation since 12/04/2019 in all areas

  1. 21 points
    crypto eri in her two latest videos has evidence that is reliable from a CEO that the Japan corridor is opening in Q1 When you do not trust in the development of business you are investing in you should be seriously looking at getting out I have been buying xrp every month since late 2017 and feel as bullish now as any time - every one must make their own judgements
  2. 19 points
    Toroth

    Good luck to you all

    It's been a fun and interesting 3 years but i had to sell my remaining stack this past weekend. Not a day goes by that i don't regret not paying off some of my debt when i had the chance. I just never thought XRP would do a 100% retrace considering BTC and ETH did not. Still believe Ripple/XRP will succeed in the long run so i can only hope my finances are in order before it's too late. Until then, I wish you all the best and your dreams of fortune come true.
  3. 19 points
    Worth watching. https://www.youtube.com/watch?v=FFbgrKCWXJA&feature=youtu.be
  4. 13 points
    xrpmommy

    SBI holdings latest presentation

    http://www.sbigroup.co.jp/english/investors/disclosure/presentation/pdf/191202presentations.pdf
  5. 12 points
  6. 12 points
    smithers

    SBI holdings latest presentation

    As they say, there are two types of people in this world: 1) Those who can extrapolate from incomplete data I wrestled with given numbers (nov 1 to 15 vs nov 18 and 22; 7,9x increase in accounts) and came to an answer. See graph below (I assumed that nov 1 there were 100 new accounts). This graph acts accorging to an algorithm that every next day there is 1,38x more new accounts made. But wait, there's more! Now the extrapolation steps in: As you can see, if SBI can maintain the same growth rate (I assume that will be the case), then dec 31 there will be ca 30 billion accounts opened. That's not bad at all
  7. 10 points
    Stedas

    XRP from 0 to 100 B

    XRP in 20 numbers: from 0 to 100 B View infographic: https://www.stedas.hr/xrp-in-numbers-infographic.html
  8. 10 points
    Molten

    Charting the course of XRP

    The market is comprised of people and people make up the sentiment. I don't know how old you are or what kind of bear markets you have been through, but I've seen a few. They always sound like this at the bottom. Just like the top when everyone is calling for ridiculous highs, except without the fun and excitement. All this time that XRP was dropping and the mood here and on Twitter was good. "Rocket moon next week!" Finally, FINALLY, we are seeing true capitulation. Anyone who says the price is set to go up is burned at the stake!! Those who have followed me know that I'm not a mindless shill and I've tried to be fair and balanced. I called for XRP to break below $0.28 when everyone else thought that was crazy. I am of the mind currently that we are at or very near the bottom. I could see us testing the support at around $0.18-0.19, but I would be shocked to see much lower. This doesn't mean that I am expecting a parabolic moon from here, but I think the bottom is forming. Let's see how this post ages.
  9. 10 points
    WuWei

    Good luck to you all

    It's one thing to identify a technology, a product, or a service even, that has success written all over it. It's another to not get overly excited and jump in either too early or especially, too deep. Only if you can weather a long storm of uncertainty, with no financial duress influencing your outlook, do you really have a good chance of knocking it out of the park with an investment. It's written all over most of the major success stories, that they've had periods of huge price retracements, before eventually going on to incredible appreciations. It's sad to see people get shaken out of good projects, before their roots have had a chance to take hold.
  10. 9 points
    https://www.xrparcade.com/news/kogopay-to-connect-using-the-ripple-system/
  11. 9 points
    Kevin Chou, CEO of Forte Labs, gave a very good overview of his gaming background, 100-million dollar partnership with Ripple (i.e. xPring), and announced 2 of 15 gaming partnerships in the Forte pipeline (Disruptor Beam & Other Ocean). Keven also mentioned that he expected the1st gaming partnership to go live on the Forte platform December 9th, 2019, which would be today. I have scoured the Internet to see if any announcements had been made regarding the first go-live partner. Unfortunately, I haven't been able to find any announcements in this regard. However, keep in mind that this interview happened back in November, it is highly likely that the go-live date could've most likely change. Overall, a very insightful and bullish interview in my opinnion!!
  12. 9 points
    baobeiiiii

    Epic Pennant on BTC Chart

    It's funny how everyone, today, considers China to be a gold mine. I was once interviewed/interrogated by Europol police... in '09, them thinking I had a sham relationship with a Chinese woman over a visa (we ended up living in China together for many years after... but it was very uncomfortable and awkward to have to prove to police that your relationship is real.) Back then everyone had a different opinion about China; "those Chinese are coming to Europe for passports and visas!" That was in Holland. Right now smart crypto money says anything to do with China is gold. There's a huge housing bubble in the making over there. In Shanghai, most of the property was bought up by people living in a place called Jiangsu. They literally bought up the entire city. The price of property for rent or to buy in Shanghai is more than NYC. But no-one sells, and every person takes a loan to buy a second home. It doesn't help that Chinese will not buy second hand (that includes housing). They won't even rent out new homes; they buy them with an expectation that they can sell them down the line. What you end up with is entire towers left empty to decay. Millions of people are taking loans to buy property which often ends up empty. They are government subsidized too. Eventually that house of cards will fall, and you won't want to be invested in China when it happens. It is scary how big that bubble is. It has the potential to bring down the world economy. I'm not sure if I want to be invested in a crypto that is part of that. I'm not slating China; I love the culture, I only speak English and Mandarin. Do some research into the economy over there, housing in particular, and you will need a shot of whisky. There are ghost cities over there. Entire cities. I've visited one on the outskirts of Shanghai. It was built to look like a town from Spain. Fake stores (bakery, dental office... just words written over a grey skeleton of dust and concrete), random creepy sculptures, empty. With my brother at my side, in typical British style, we found the only open store in a city built for 50k people... to be a wine shop. We were their first ever customer. The owner had to ride away on a motorbike, to return 30 minutes later with a bottle opener so we could drink it. And on the pi** we explored a megalithic ghost city... we really could have been in spain... and that is but one of hundreds of ghost cities. Most are bigger. They aren't built for human habitation; they are built because the companies that build them get government money to make them. The point being, the Chinese economy is a jenga tower. If I was stilling living there, I wouldn't dare have made this post. Because it's illegal and they will knock on your door. The government there is in a pickle because to maintain control they have to let everyone prosper. But it's all fcu*ked. Completely unsustainable. I even made friends with real estate agents (a dime a dozen on the streets) and went karaoke with them. They only sell new places; they actually move further and further out from the city into new developments just to be 'where the action is'. Biggest bubble in human history. Adding a personal touch to the rant, my partner's mother was the Minister for Education for all of Shanghai. She, along with a few colleagues, would make the infamous 'black day' exams which decide peoples' future (if you fail this exam, no uni for you). They would shut down entire roads so that students wouldn't hear noise during that exam. I became part of it, helping to formulate questions for the exam, something which no westerner has ever done... helping with the structure and logic of the questions. I had truly completely assimilated into the culture; they considered me to be not just Chinese, but Shanghai-nese. I had a crisis of conscience, because I used to be one of the students (but in the UK) who cared about exams. But there in China, that exam is life or death, and many people die/suicide over it. I asked her what she thought about the economic situation in China and the socio-economic system, and she was defensive, defending Mao and even asking me to help pick out a new home purchase that me and her daughter could live in once married. At that point, I thought 'I know the exam Q's, it's worth millions'. It was tempting, having been in a culture where money is the only thing that matters, and guanxi, I left shortly afterwards. I wasn't comfortable. These people don't seem to understand how messed up the system is. It's a capitalist economy with a bit of favoritism thrown in. We call it corruption in the West. Over there it is called guanxi, and I started to get 'drunk' on it as I had a powerful mother-in-law. Even the smart people over there, are part of the problem. I was forced to pose in-front of a huge statue of Mao at East China Normal University many times. I would speak to the older uni teachers and tell them how f*d up Mao was, and they would begrudgingly agree with me. That was 2012. Bubble will break. Pray that it doesn't bring down the entire world economy. Basing your investment success on what is popular in China is a dangerous game. The highest echelons of the government just look out for their family, below that you have ministers, police, all looking out for each other. The housing issue is huge and it has to break, the government can't afford to prop it up forever. I could go on forever, I have a real insight. Police stations protecting 'massage bars', always 100 meters from a police HQ. The fish rots head down.
  13. 9 points
    smithers

    SBI holdings latest presentation

    As I read it, the numbers are not absolute, but relative ("Figures as of the period of Nov. 1 to 15, 2019 as 1"). So in the period from nov 18 to 22 (5 days) the number of account openings were 7,9 times bigger than in the previous period nov 1 to 15 (15 days). Lets say if nov 1 to 15 there were 10 000 openings, then nov 18 to 22 there were 79 000 openings. Mr Kitao, please share also the absolute numbers, not only relative. You can PM me
  14. 9 points
    googie

    SBI holdings latest presentation

    Flip the switch!!! Activate the JPY corridor!!!
  15. 9 points
    I've been around technology for over 30 years. I know NDA's and have signed and created hundreds. I know the IT world and the personalities that live and breath IT. With this much publicly revealed activity and strong hints from Ripple leadership on a bigger undisclosed list of users/customers..... Why is there not more credible leaks of info? - TRUE STORY....this stuff can be kept under wraps for months even years, but not forever....there seems to always be loose lips.....where are they? These APPLE rumors if actually had some truth would leak just like there are always leaks around product launches, iPhones always seem to get photographed and detailed functionality made public.....where are the leakers? And what about insiders at Bank of America's IT world.....??? I know I will get bashed for this....but this is what concerns me...... We are not getting leaked validation on some of the great rumors. Yes this seems to contradict "Rumor and no validation".....but how does something this big not get leaked to mainstream media with anonymous sources that puts the mainstream media comfortable with printing the news?? especially with the failed push by Facebook to enter the crypto world.
  16. 8 points
    Molten

    Charting the course of XRP

    Just to expound on why I believe this to be a true double bottom... look at the volume on the two troughs. The first is much higher than the second. This is a classic indicator of selling exhaustion. Then you see a higher volume green candle immediately following the second selling trough candle, much higher volume than the corresponding green candle after the first dump = more buying pressure. Time will tell as always, but I believe that we witnessed a local bottom there. A lot more work to do before anyone could reasonably suggest that this was the global bottom of this massive bear market, but I think the price goes up from here. I do foresee an instance in which we grind back up to the resistance area between $0.28-$0.30 and get rejected back to the bottom of the trend line, possibly chopping into the support zone of $0.18-$0.19, maybe even wick very briefly below, but I would think that that would be the last touch of the bottom trend line of the broadening wedge and then up for good from there.
  17. 8 points
    googie

    I see a new corridor

    Hello Russia! Spasiba.
  18. 8 points
    Tinyaccount

    SBI holdings latest presentation

    No I think you have it mistaken. The chart is saying whatever the earlier figures... the ones for Nov18 to 22 are 7.9 times higher. They have multiplied by nearly eight times. They presumably do not want to give an absolute figure for some reason. Please consider trying to curb your impulse to find the worst in everything... it’s blinding you to what’s happening.
  19. 8 points
    Tinyaccount

    Good luck to you all

    That’s nonsense. If it were true then instead of having to slowly and steadily ramp up from a mere ten percent of one corridors volume for Moneygram, Ripple would open all corridors at 100% now. How can you be here so long and not understand that? Price is not the whole story in liquidity but it is certainly a very significant part.
  20. 8 points
    Caracappa

    Charting the course of XRP

    More of these signs are popping up, below an excerpt form Off the Chain in where the Binance CEO US explains how they focus on XRP to provide liquidity for corporations (like Toyota). Are they also dipping their toes in the global remittance market and becoming a bank?
  21. 8 points
    I experience the same attitude with all but two people I know. One is a good friend who only dabbled in LTC but has since lost his big interest and the other is my significant other and she’s a big believer in the future of XRP. Everyone else either produces the dull stare of a dairy cow or goes eyes wide open and tries to explain how “crypto” is illegal. Not a lot of interest. They will however, most likely become an overnight expert if and when theres been lots of exposure from people becoming wealthy from its rise in value. Nobody’s interested when it’s cheap; everybody’s interested after it’s gotten expensive.
  22. 7 points
    LeonidasH

    3S Money Club joins Ripplenet

    https://www.xrparcade.com/news/3s-money-club-joins-ripplenet/
  23. 7 points
  24. 7 points
    I've an evolving theory what might be going on with the BS/Bitso corridor... After a few weeks of monitoring its daily trade patterns - which have really varied widely a number of times, almost like live experiments being tried out - and then reconciling with price fluctuations and their order books (see below), I've become convinced there must be some XRP "inventory management" behavior in the ODL system. That is to say, the process acquires and holds some amount of XRP, and executes its cross-border trades at more optimal times. If you look at the hourly volume spikes I've posted prior here, there is no way the current order book would efficiently accommodate such high volume trades. This hunt for puzzling out ODL's secrets continues...
  25. 7 points
    JASCoder

    Charting the course of XRP

    We truly are the early pilgrims mon. It's like when Mark Cuban founded Broadcast.com and only had one server and a single ISDN line. We're right about at that stage where they launched the very first live-streamed Victoria's Secret Fashion Show. https://commons.wikimedia.org/wiki/File:Kelly_Gale_2014.jpg#/media/File:Kelly_Gale_2014.jpg And later that year Yahoo snapped them up for 5.7b in stock, which then itself later exploded. May XRP prove to be that sexy a tale.
  26. 7 points
    RootSilent

    Epic Pennant on BTC Chart

    Hah, whoops. So many people quoting each other and calling each other names here I got confused. Apologies Caracappa.
  27. 7 points
    Molten

    Charting the course of XRP

    Everybody... literally everybody... is calling for the utter death of crypto. Every TA person "worth their salt" is calling for sub 5k BTC and XRP in the teens. CryptHawk bests them all by calling for single digit XRP. Lots of posts and tweets from people finally selling their XRP, BTC, whatever. If this isn't "blood in the streets" a la Warren Buffett, I'm not sure what is. Time will tell, but I don't think sentiment can get much more bearish than it is right now. We usually see that at a bottom.
  28. 7 points
    mrhat75

    Good luck to you all

    ODL is going, volume is ramping up, and more corridors are lighting up, just as they said. Maybe not on the most optimistic timeline, but it is happening. The point of investing in a speculative asset is to make massive gains. I think if you're too worried now and would rather recoup whatever measly 4 figure investment that you put in instead of waiting to see how adoption goes, then you probably shouldn't have ever gotten into this type of investment in the first place. I completely disagree with you that things look grimmer now than 2 years ago. Of course everything can go to zero, that isn't some novel idea that we weren't aware of.
  29. 6 points
    AlejoMoreno

    Epic Pennant on BTC Chart

    I love this post. It’s amazing how life gets complicated when you lay money, economics, and politics on top of it. I travel to many places and I often think how fortunate people are that live in less developed areas or how fortunate tribal communities are. I mean that with the utmost sincerity. ....and how fortunate they are to not have to watch crypto charts haha
  30. 6 points
    Tinyaccount

    Charting the course of XRP

    I think it’s just some sort of data blip... but a while ago on the site I use for the 24hr volume Etherium had enormous volume that dwarfed Bitcoin. (Normally it’s a distant number two to Bitcoin) That ended a week or so ago. Then a few days ago XRP volume ballooned in a way I don’t really believe. It’s persisted for two days now. Normally it’s like this: XRP 24hrvol : 258m. 6th place. Now it’s: XRP 24hrvol : 5.69 Billion. 2nd place. The site is https://coinlib.io/global-crypto-charts I was posting these figures to keep a record as utility volume blossomed but if it’s glitchy then unfortunately I don’t know a easy better source. Maybe a day or two will fix it like Etherium seemed to.
  31. 6 points
    dr_ed

    Epic Pennant on BTC Chart

    XTZ is being used by the French military, from what I read. And those guys are pretty smart.
  32. 6 points
    LiquidGoat

    SBI holdings latest presentation

    So biggest bank in Japan clearly states using ODL to serve half of the asian market and absolutely nothing happens... Well done XRP chat and twitter we Truley are the last retail holders of this Token. Great news though, just wish they would hurry up and turn me on...
  33. 6 points
    Chocobo

    Charting the course of XRP

    Past 2 years everyone was yelling we will go up and went down. Now everybody yelling we go down. This is good news!
  34. 6 points
    Agreed. I would go one step further and say that even people with privileged information maybe don't care and don't understand the implications of XRP, Ripple, etc. For them, it improves their company's remittance speed.. so what. My friends in finance have little knowledge and zero interest in Ripple, XRP, and the DLT ecosystem. It's staggering. I think our community continues to overestimate the awareness and interest of both the public and private sector outside of leadership positions.
  35. 5 points
    Molten

    Charting the course of XRP

    This is what I am watching. The large macro pattern of the broadening wedge is the most important IMHO. If correct, we should ultimately end up with a rather large upward price move, but not for a while yet. We need to hold the lower trend line. Within that, on the shorter term, we may be in an ascending triangle. If this is correct, then we will probably dip down to touch the lower trend line at around $0.21 and then eventually break out to test the resistance around $0.26.
  36. 5 points
    Molten

    Epic Pennant on BTC Chart

    BTCUSD looks set to make another run at the resistance zone above $7800. MACD crossed bullish a few days ago and the chart looks pretty strong. Until we break through the resistance band overhead, however, the trend remains bearish. I am highly confident that we will break out of the falling wedge with gusto at some point before mid-April, just not so sure now is the time.
  37. 5 points
    elppir

    Deutsche Bank Imagine 2030

    https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000503196/Imagine_2030.PDF I came across this document today, It is a nice easy read in English. Enjoy!
  38. 5 points
    Just extrapolate some XRP future price for me please?
  39. 5 points
    JASCoder

    Good luck to you all

    Good points Lambo san. You remind me of the time I saw Silver peak near $50/oz, and I waited until it had dropped down to $35 to buy my first bullion coins. By the time Silver dropped to $11/oz I realized everything is a gamble. As we all know, there's only TWO certainties in life (three, if you count the certainty of getting in trouble if you ask out your ex-GF's sister, heh)
  40. 5 points
    I think that is right; the cross border payments industry is in a race to cut costs and speed up delivery, and they cannot afford to hang around waiting for the final solution which will be in many cases ODL with a bridging asset. The software companies like R3 are providing APIs that allow the businesses to choose from a menu of options The ODL Bridging Asset will win when it becomes the cheapest most secure and fastest solution available.
  41. 5 points
    Eric123

    Epic Pennant on BTC Chart

    Well this move was right on time. Hopefully we can make some progress here and at least turn this trend line into support. @baobeiiiii I'm not sure that miner profitability is the bottom of the market. Since derivatives are now so prevalent - and you no longer need to own bitcoin to sell bitcoin there really is no price floor. Besides when mining becomes unprofitable and miners shut down, difficulty is adjusted and the remaining miners become profitable again. The futures market has overcome the scarcity of bitcoin by essentially creating an infinite supply of bitcoin. Eventually if bitcoin does become the new system I expect that a lot of this fake (fraudulent) trading - ie CME - Bakkt - will become less popular as institutions and individuals will want to hold their own coins and the inflation and hypothecation and re-hypothication of the same coins will not happen as frequently. 18 million bitcoin have been mined. 4-6 million have been lost 11.5 million bitcoin haven't moved in over a year. https://www.ibtimes.com/bitcoin-holders-havent-moved-over-11-million-btc-2018-2877915 (this would include the lost ones) 1,800 are mined a day Yesterday - Over 2 million bitcoin traded!!!!! How does mining even fit into the trading if 1,000X the daily amount mined is traded??? where are 2 million bitcoin a day coming from when there are only 6.5 million tradeable bitcoin in existence?? Is the entire supply turning over every 3 days?
  42. 5 points
    Not long at all, looks like a few days to a week. For example, yesterday on the AUD corridor, they looked to be "testing" small payments (sub $30) Today, same exchange (BTC_Markets, Aussie exhange) we're now using sub $2K payments: I'm seeing the same pattern again and again with each new corridor / exchange. Start small then ramp up. This is all good as you then get the network effect everyone's looking for, where corridors increase exponentially. So now we have an AUD exchange, you can do AUD > MXN, AUD > PHP, AUD > USD etc. Just need a EUR or GBP enabled exchange / Ripple partner and then we have take off - will be monitoring Xendpay's / FlashFX's twitter closely for announcements
  43. 4 points
    Molten

    Charting the course of XRP

    VETUSD in a pretty solid symmetrical triangle set to break in 2 days. I expect that it will break upwards as a continuation of the ongoing bullish trend.
  44. 4 points
    WarChest

    Epic Pennant on BTC Chart

    I am out of my knowledge base with TA, but this might be of some interest to those on here . https://www.coindesk.com/bitcoin-charts-first-weekly-golden-cross-in-3-5-years
  45. 4 points
    AlejoMoreno

    Charting the course of XRP

    I ignored him also, a while back. If someone thinks everything in this thread is so stupid and thinks that lowly of the posts here, why even come here? Why waste your time to constantly spew garbage about how much you hate something? People need to get a life. I guess he has nothing better to do than put himself in the middle of something he hates and talk about how much he hates it?
  46. 4 points
    Palerider

    Epic Pennant on BTC Chart

    Amazon shares were dropping in price for years even though the company was making progress.
  47. 4 points
    JASCoder

    Good luck to you all

    IIRC DS wrote up a short post answering this, sorry I don't have link ready, I'll watch for it and post. i think it goes like this... At higher and higher ODL trading volumes, the more stabilized the global price will become. We're already seeing this with BS/Bitso's recent history. The originating exchange is incentivized to buy XRP for its held reserves during price dips, thus reducing some supply. This process paradigm when scaled up soaks up an impactful portion of available supply, resulting in upwards pressure on price. I wish I had the time and brains to game this out with simulated scenarios !
  48. 4 points
    Hi all, not being vain here (quoting myself) but I am noticing some strange buying action from China and wanted your opinion about it... at 15:00 every day, almost without fail, their bots are doing something, and I can't figure out what their aim might be. It seems possible that with the upcoming launch of a digital Yuan that they may see the necessity for a digital bridge currency and are trying to get the price down to load up. Or they may think they will become the bridge currency themselves and be trying to drive XRP down to cause it to lose favor. Or??? Any theories, or is this just playtime in China? Also, their share of volume is picking up (at least on CryptoCompare), some days it outpaces BTC... cv
  49. 4 points
    crypto Eri has some info that the Japan corridor is opening up with FlashFX in Q12020 Check out at 4.40 0nwards:
  50. 4 points
    The new casino will accept deposits, wagers and withdrawals in #CasinoCoin, leveraging CasinoCoin’s proprietary Bankroll Manager to handle KYC and AML obligations.
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