Jump to content

Leaderboard


Popular Content

Showing content with the highest reputation since 04/01/2020 in all areas

  1. 50 points
    jbjnr

    Q1 2020 ODL report

    I wrote down much of what I've posted here before and tried to make a blog article out of it, but I'm not much good at html formatting and the graphs have come out terrible. I tried to put them into a coil article first, but that looked even worse and I gave up. (For curiosity, I wanted to see how well the web monetization stuff works using coil - no I don't need the $, but I'm curious to see if it works - and no - It doesn't for me at all anyway as I don't use twitter and the xrp community blog needs it). Anyway, here are my findings. https://xrpcommunity.blog/2020-q1-unofficial-xrp-odl-analysis/ I Opened up a new topic, so that Q&A could go here, but if this belongs in "press" or one of the other self promoting blog sections, mods please feel free to move it. TL;DR = quite a lot of ODL traffic. Things looking good for the future.
  2. 17 points
    mDuo13

    Introducing XRP Ledger v1.5.0

    XRP Ledger core server, rippled, v1.5.0 has been released! You can read the full v1.5.0 Release Announcement on the XRPL Blog. Also, we've published a whole bunch of changes to the documentation on xrpl.org, including: Known Amendments has the new protocol amendments listed and statuses updated: https://xrpl.org/known-amendments.html New fields in the response to the submit method: https://xrpl.org/submit.html#response-format server_info method updated with more recent examples and updated time fields: https://xrpl.org/server_info.html New manifest method: https://xrpl.org/manifest.html New validator_info method: https://xrpl.org/validator_info.html New fields in tx method providing for more robust Not Found errors: https://xrpl.org/tx.html#not-found-response Updated account_channels method to reflect bug fixes: https://xrpl.org/account_channels.html Instructions on how to enable the new gRPC API on your rippled server: https://xrpl.org/configure-grpc.html New warnings in API responses if your server is, or is about to be, amendment blocked: https://xrpl.org/response-formatting.html#api-warnings Request Formatting updated with better formatting and new API Versioning information: https://xrpl.org/request-formatting.html Other very minor cleanup and corrections Let me know if you have any questions or comments, and enjoy the new version!
  3. 15 points
    DevNullProd

    Dev Null Prod Updates

    Greetings everyone! It's been a while since we posted here and gave an update of what we have been working on. Launched 2 years ago, Dev Null Productions is a fintech startup focused on XRP Blockchain data and intelligence services. We are the leading provider of XRP analytics and one of the core contributors to the rippled software outside of ripple labs. All that being said, lets jump right on into it! Our flagship intelligence product https://xrp1ntel.com has received many updates in recent months Data is more visible and easily consumable. Various sections have been overhauled to highlight meaningful content and metrics Ledger Intelligence allows you to dive into specific ledger details in a more granular fashion, providing Transactions by Result and Modified Accounts in addition to Transactions By Type. See the following for example: https://xrp1ntel.com/ledger/54636144 Fraudulent accounts are now highlighted by advisory level, Red is a well known scammer, Orange indicates a high probability of illicit activity, and Yellow means fradulent patterns have been detected. See the following three accounts for example: https://xrp1ntel.com/account/rBynoTsSt5nzb7WXDMZRC94o2B1pwTAWdH https://xrp1ntel.com/account/rD1rcFdpDuc6GCEr5pMqrXTWHe8NjWxjWz https://xrp1ntel.com/account/rpdTp8wy7G13GgsXZkYsehBTddrpemNLSP A tags portal has been added allowing you to view all the tags you created and add new ones from one central location. Additionally you can view and the built-in tags here: https://xrp1ntel.com/tags New charts recently added to reports include Fees Burnt and Transactions By Type (in addition to the existing ones Ledgers Closed, Total Transactions, Accounts Created) https://xrp1ntel.com/reports/day/fees The Rippled Source Code Guide has been ported over from our old analytics site and updated to the latest rippled release (1.5.0): https://xrp1ntel.com/source & much more Several new metrics have been added to our backed analytics engine and API including XRP delivered (different to 'sent' due to partial payments), Transactions By Result, and Ledger Close Time. Metrics can be access through xrp1ntel, our API, and/or following us on twitter where we regularly report them We've been submitting code and patches to the upstream rippled project driving the XRPL including the first #XRPCommunity amendment from outside ripple-labs and the consensus stream to monitor server consensus phase. Several new articles on updates and XRP data and analytics have been published to to the Dev Null Blog, see XRP in 2019 On IOUs XRP in 2020 - Quarter 1 XRBP, the Ruby interface to the XRPL, has received many updates in recent months, including support for the server_info rpc method, completed_ledgers extraction, and the SQLDB which rippled maintains. This is in addition to existing features such as fault-tolerant support for the rippled API, a complete nodestore parser, and peer-to-peer endpoint implementation The NYC/XRP meetup which we are helping organize has been regularly meeting and growing in numbers, see photos from the January meetup here Both the https://syracloud.net validator and our full-history node and going on several year of continuous operation, we are committed to helping run the XRPL and satisfying the infrastructure needs of the network And finally we have two brand-new major projects in development, the first is to be released in coming months. Stay tuned for details! We'd like to thank the entire #XRPCommunity for their support and dedication these last several years. We look forward to serving this awesome community for many more years to come!
  4. 15 points
    Let's not forget about Xpring's Logos acquisition last year. David Schwartz mentioned (26:37 – 28:18) at the 2018 UNCHAIN Convention that they had the overall framework for Codius built but did not have the engineering resources to fully execute Codius within Ripple and would seek to do so via Xpring. David also alluded, via a Twitter comment, to the fact that the Logos team would be building DeFi products and applications on top of the XRPL and Codius. I've commented in previous posts that for the longest time, I use to think that it was a poor strategic business move for Ripple to have placed their smart contracts program (Codius) on the back burner, yielding the space almost entirely to Ethereum and others to build upon. However, in retrospect, it was probably one of the best business decisions they could have made at the time. Stefan Thomas (Ripple's ex-CTO) said in Quora Q&A session: “I worked on Ripple’s smart contract system Codius back in 2013–2015. Back then, our conclusion was that a viable smart contracts ecosystem requires a standard for payments first. Contracts need to be reviewed to be trusted and that’s expensive if you need a new contract for each type of asset because every ledger has a different protocol/API. Thus, Interledger was born.” With that being said, we now have positive confirmation (09:16 mark) that there will be an Interledger Foundation based in California. I think this is very good news for ILP as obtaining the non-profit status in California and soon the IRS 501(c)(3) Tax Exempt Status. Obtaining this non-profit status will help to streamline the development of a streamline legal framework to host registries for all of ILP’s reference and technical documentation/specs/tutorial etc. It goes to show you just how much time and energy went into Ripple's development/planning process at the company's inception in knowing what needed to be done 1st, 2nd, and 3rd to achieve their goal of becoming this facilitator of the Internet-of-Value (IoV). Ripple realized early on that while blockchain allowed for the creation of many varied platforms (i.e. XRPL, Bitcoin, Ethereum) these platforms were no better at communicating with each other than traditional legacy banking networks and payment channels hence the creation of the Interledger Protocol. IMHO, very few blockchain/fintech companies have built the ecosystem more than Ripple with regards to increasing interoperability among platforms in the crypto space. This is why the adoption of the Interledger Protocol (ILP) by some of major DLT consortiums (i.e. Hyperledger Quilt, R3, etc.) as the “payments router" of the Internet as well as the interoperability layer for is so transformational. ILP not only connects all blockchain ledgers together, but it simultaneously creates competition among the different blockchain platforms/cryptocurrencies so that each will have to stand on their own code/blockchain technology. This altruistic act underscores the principled character of the leadership behind Ripple and their dedication to seeing the growth and evolution of the Internet-of-Value (IoV). Ripple could have patented ILP’s technology, however, they knew that the influence of the Internet came from the fact that it served as a gateway to connect everyone. The Internet can accomplish this because it is not a single network or system but a network of networks with information being sent across multiple platforms using open-source proprieties. This allows communication across the Internet to be seamless irrespective of what provider people are associated with. Ripple understood the same way the open-source TCP/IP protocol gave rise to the greatest economic stimulus/engine the world has ever known in the Internet, the same principles needed to be applied to ILP in order to see their vision for the IoV to come to fruition. The leadership at Ripple understood that ILP was the “rising tide to lift all boats” not just XRP. Stefan Thomas (Ripple’s former CTO) talks @ 46:58 about how XRP was "designed to be used as the settlement asset on ILP" with "payment channels built in a certain way that is incredibly efficient" despite the presence of other cryptocurrencies like Bitcoin, Ether and Lumens. Also, the other stroke of genius by the Ripple team is how they gifted ILP as an open-sourced piece of technology to the W3C to oversee the development of ILP so that it remains a neutral platform for anyone to us. Basically, make ILP the worldwide standard (via W3C) allowing all currencies/blockchain tech to compete openly and freely, but all the while knowing that XRP will have the upper hand. Ripple's Art-of-War strategy of empowering its rivals/competition while simultaneously using them to further its Internet-of-Value (IoV) agenda is brilliant! Stefan Thomas went on to say in that same Q/A (3rd question down): "Finally, on the Interledger front we are moving on from working on the protocol and are starting to look at early use cases. We’ll be challenging a lot of use cases for distributed protocols that are currently using custom tokens with much simpler solutions that use ILP/XRP instead. (Think custom communications protocols that are for one purpose only being disrupted by the Internet.)" I think this quote pretty much encapsulates the current state of affairs with the advent/proposal of a collateralized stable coin feature that would also allow peg assets on the XRPL to some external value with liquidity guaranteed by the ledger mechanics itself (02:30 - 02:50). I whole-heartedly agree with you on this point. This is an area where Ripple is light-years ahead of any other blockchain company/platform. Because these smart contract platforms will operate globally, moving data/value within these systems in a lawfully obligatory way requires that there are defined standards. Utilizing a similar governance scheme, analogous to the (RippleNet Committee), to seamlessly on-board Banks/FIs from vastly different geographic and regulatory environments onto RippleNet, I can easily see Ripple applying a similar strategy for developing/integrating a smart contract legal framework layer (i.e. Codius) into RippleNet. -Sorry for the long post-
  5. 10 points
    Palerider

    Dan Bilzerian + Ripple/XRP

    I hope you all are having a great weekend there. A buddy of mine was hanging on his phone here at my house looking at Dan Bilzerians Instagram story. Dan was posting a video of his computer screen while he was playing online poker and we noticed a interesting logo on the bottom right of his screen....XRP Ledger Wallet icon. Kinda interesting for an otherwise boring weekend. For those of you who don't know who Dan Bilzerian, he’s.....just google him, it will be more fun that way, I promise you.
  6. 9 points
    JA8

    Will crypto rebound?

    In my opinion, crypto in general will probably see a safe haven bid. Particularly as the legacy financial system falls apart quite thoroughly over coming weeks and years. Hedges in this respect have historically been the dollar, bonds and gold/silver. Let's take a look at the dollar (six month DXY chart): As we can see, the USD has been pumping quite a bit. Precious metals have relatively underperformed and will probably keep underperforming until the USD begins to look top-ish. This could be unfolding right now... note the correction in USD above which is probably worth keeping an eye on. A parallel for the USD may be BTC's blow-off top in 2017. As it started to look bloated, people started speculating more in other coins. Once BTC began plummeting in earnest, everyone rushed to the exits - and this is when we saw XRP launch like a rocket. Similarly, I expect gold and silver to start showing more strength as the USD begins: a) showing weakness; or b) starts looking like a bubble. A major crisis like this has never happened before in BTC's lifetime, so one cannot be absolutely certain that BTC will perform well. However, as an "escape route" from fiat currency and from the legacy financial system, it does have a sound argument. As digital gold, it is arguably better than real gold: it is more portable and more divisible, and importantly - it bears no counter-party risk. In 1971 Nixon confiscated gold. It's hard to see that happening with Bitcoin unless they shut down the internet. Whilst XRP does not have the same characteristics as BTC, if the rush into BTC happens - as seems likely to me - then the wider crypto market will probably receive some speculative overflow bids. Personally, I've lightened up on XRP (I already owned a fair amount) in order to buy more gold and silver. I think there's a pretty good chance that silver in particular will outperform crypto. I've also lightened up on bank deposits as I don't trust the banks to remain solvent either ($10trn global reserves, $300trn+ global debt, $1.2qdrn in derivatives). I'm telling everyone at the moment to at least consider the risks of bank defaults. Better safe than sorry. I expect more deflation to come in the short to medium term, and the corresponding scramble for cash to affect all asset classes including safe havens. As investors in crypto, what we're looking for is the later inflationary effects - or the threat of inflation - to kick in. Good luck all.
  7. 8 points
    That's because you have linked to the wrong page. Here's the correct page: https://publications.banque-france.fr/sites/default/files/media/2020/02/04/central-bank-digital-currency_cbdc_2020_02_03.pdf It's on page 28. The link from the original article is the one for the "internal report": https://www.cryptoglobe.com/latest/2020/04/bank-of-france-touts-ethereum-and-xrp-to-power-central-bank-digital-currencies/ Please take your misinformation elsewhere.
  8. 8 points
    Plikk

    Epic Pennant on BTC Chart

    I’d suggest to keep politics and religion out of this thread. I am sorry but to me you have just lost a ton of credibility bringing up some weird religious political viewpoints about Europe that hold little to no merit whatsoever.
  9. 8 points
    From what Tiny (who's gone now?!!) had shared with me in past exchanges, he said from his own research he found that the trade actions we see occurring at the ODL corridor endpoints are not driven directly by customer transfers, but the paid in fiat submissions are pooled and metered by Ripple's processes to be buy/transfer/sell payloads, handled in a roughly constant flow over a 24 hour period; this is to prevent out-running the arbitrage re-balancing dynamics between the endpoints and realize excessive friction we assume. Our best guess is that Ripple is maintaining their own fiat capital pools at the pay-out endpoints, which acts as a buffer - much like an electric capacitor does. The hourly volume metrics we see seem to bear this out - as you certainly would not expect remittance customers to maintain a 24 hour period of same sized transfers on weekdays. I hope I'm making sense. You can glean more details on this from our past posts here in this thread IIRC (tho his name will now show as "Guest"). Cheers.
  10. 7 points
    JASCoder

    Q1 2020 ODL report

    The extra effort you have expended to provide the community such quality content is greatly appreciated. I know how that last 5% of polish can often consume a disproportionate amount of effort ! Well done John. Our respective research is complementary, we could certainly gain some synergy and avoid redundant effort by collaborating :) Most of your shared research and analysis are constant with my own observations and conclusions, so I will respond to your content on the points left unaddressed, or at odds with my own... You have have focused on the ledger activity, which I found both fascinating and supportive of my own guesses and observations. My efforts have been more narrow in focus, monitoring the behavior and drilling down into measuring the cost slippage computed from the dual order books of the BS/Bitso exchanges. I will address the following points : --- ODL's apparent behavior at the more granular level Volatility and its impact on the efficacy of ODL processes My current theory on ODL's operational design TRAFFIC PATTERNS When you observe the XRP sales at Bitso, in a ten-minute granularity, it appears relatively uniform through out the hours of the day, except for a precipitous drop to near-zero on Saturday morning, but then resumes on late Sunday (generally). There is, however, the occasional spikes and drops which deviate from the established pattern. I have been able to correlate some of these events with apparent arbitrage opportunities for profit, or excessive cost slippage periods. My efforts to improve the accuracy and precision for measuring the cost profile has been currently a bit stymied by stale and inaccurate FX rate data (which I hope to soon have resolved!). VOLATILITY IMPACT In the past have posted here on XRP Chat some captured charts and conveyed analysis of a few anomalous events of valuation spikes and drops, as well as occasions of passive observations. In one instance, the steady process of XRP sells at Bitso didn't even reflect any apparent impact from a sudden dumping of XRP and valuation drop at Bitstamp. This was actually surprising, but viewing the slippage metrics showed a reduced cost friction, so it's not really surprising in that context. I have not seen any real evidence that volatility causes ODL to be less effective, or at least to show any discernible impact. But we should do more research into this, which I'm hoping to do in the future as well. MY THEORY OF ODL OPERATION What we cannot know: the depth of reserve fiat capital held ready on-account at any ODL corridor's two exchanges. That of course, is managed by the market Takers and Makers. It might be wisest to assume such data is also unknown by Ripple's ODL operations (to keep our analysis simplified). 1. The buy/sell trade events are not directly driven by remittance customers. It makes zero sense it could be the case, given the uniform pattern of trading volume we can monitor from the exchanges' own exposed market data. As you surmised John, there must be some mechanism for value pooling of a "nostro/vostro style" performed by the managing ODL processes which Ripple operates. 2. It is very possible the ODL does act upon any detected arbitrage opportunities, to both acquire additional XRP or sell down some surplus on occasions when friction is extra low or into a profit range. 3. ODL's capacity to leverage the dual markets for moving cross-border value is constrained by both the depth and re-balancing latency of the market makers. So perhaps the ODL processes are monitoring in realtime the ever fluctuating slippage profile, and they meter their transactions accordingly. They are incentivized to not over-run the market's capacity of course, to avoid exceeding their "pain threshold" on costs (my guess that is constrained to a maximum tolerance of about 1.2 percent slippage cost) - and they don't want to be too low with their automated trading and discourage the market makers from devoting their capital resources to Ripple's ODL corridors. Cheers friend ! ( Please do DM me here John, we should compare notes moving forward )
  11. 7 points
    Dogowner5

    Q1 2020 ODL report

    One thing that is slightly heartening for me is that on more than one occasion some biggish activity at Bitstamp in terms of ODL trans has corresponded (causation or just correlation?) with a slight upward movement of price that has NOT been reflected with a corresponding drop at the Bitso sale end. I’ve long considered that the arrow of time potentially might have a small impact on price from ODL. Everyone talks about how it is zero sum because it’s symmetrical. But it is NOT symmetrical because of the arrow of time. The buy happens first. This steps across the spread gap and sets the price slightly higher. By the time of the sale, assuming some market making informational flow between sites, the expectation of the end point buyers might have been nudged upwards. A lot of assumptions and wobbly bits in there, but in my happiest scenario, the effect of high volume ODL might be a support and a continuous slight upward pressure/trend in price. Nothing would make me happier than to find I’m right about that. But only time will tell. EDIT: That is of course not the only mechanism for price support... volume begetting volume and volume begetting price, and utility value adding to desirability of ownership, and ultimately a tightening of supply as large institutions hold stockpiles, are the main ones. But I feel there is a possible underlying bias in price trend upward if ODL volumes get large.
  12. 7 points
    Caracappa

    Epic Pennant on BTC Chart

    You could have based your investment on a million one line quotes from CEO's and employees. It still makes the basis of your investments a bad one for which you are to blame. No matter how you try to turn the blame to others every single post. No I did not decide to buy because of twitter quotes. I invested before the 2017 run on an idea which solves a problem that still very much exists. Whether it will solve that problem or another solution comes up is the question, but that is how investments work. If it's a done deal, there is no risk. Untill now there is still no other solution, some small attempts at it and some upgrades on legacy systems. And with all do respect to the entire crypto market, Ripple and XRP are about the only ones who actually made progress, instead of some minor updates to a protocal or forks here and there. Probably not fast enough to your likings. And I've got easy talking, I know that, by taking out the investment money plus some extra on earlier runs. Now the collapse of the XRP price, and the whole crypto market for that matter is too bad, but logical after a ridiculous rise as in 2017. It still not solved the existing problem and is still in the race for doing just that. Has nothing to do with XRP price which is simply following BTC. It corrected harder because it grew unnaturally harder in 2017. So keep repeating the quotes of employees all day long to take the blame away from yourself. It shows you haven't changed a bit since the moment you decided to put money in an emotional and 'get rich quick' investment in the first place…
  13. 7 points
    LINE Pay can be charged by connecting ManeyTap https://translate.google.co.jp/translate?hl=ja&sl=ja&tl=en&u=http%3A%2F%2Fwww.sbigroup.co.jp%2Fnews%2Fpr%2F2020%2F0331_11923.html SBI Kitao CEO aims to use XRP PayPay has exceeded 25 million users https://about.paypay.ne.jp/pr/20200220/01/ LINE PAY registered users in Japan exceeded 30 million https://linecorp.com/en/pr/news/en/2017/1748 LINE is largest messenger app in Japan. There are about 83 million users. Recently, Yahoo! Japan and LINE have announced Management integration. I think money tap is the default route to become an XRP wallet. In Japan, I think that XRP payments that can be used by ordinary people are coming soon. I wrote PAYPAY at the following URL before.
  14. 6 points
    jbjnr

    Q1 2020 ODL report

    Thanks for the Thanks. One graph I didn't include because I need to clean it up is one of 'volatility' versus ODL volume for a given day. My suspicion is that volatility is a problem and I'd like to know better how ODL works under the hood, so I look forward to seeing your data/analysis (need a collaborator?). I meant to ask on the AMA thread a question about ODL - must try to remember to do it in the morning. Right now I don't have too much time to investigate the workings of ODL itself, instead I decided to write up my theories of ODL and price, so I've restarted work on that. This coronavirus situation is giving me more time due to lack of any travel or going out, so I'm going to try to use it get that done.
  15. 6 points
    Here is another interesting event - one well-timed large XRP buy at BS, an apparently associated sudden sell of XRP at Bitso. In the (black) BS chart, you see a long stable period on this quiet Sunday (ODL wise). Then a punch down, a slow retrenchment up, then a spike buy for ODL use (see spike in Bitso volume below). So if you were designing a system like ODL to buy/transfer/sell XRP in a steady stream of programmed trading, what kind of algorithm and automated processes would be most cost effective ? Bitstamp Buy event (see green volume spike of 2.4m) : Bitso XRP Sell event (same time period) :
  16. 6 points
    And, let's not forget smart contract like work continues to move forward through the likes weitswind and coil and others I'm sure. Ripple has my bet.
  17. 6 points
    Ethereum is a general smart-contracts platform - the "ripple" network and crypto are for fast payments that can't be gamed by miners or anyone else, and Ethereum has a long way to go before legal jurisdictions around the world catch up with giving a wide range of smart contracts the same legal rights as conventional contracts. Sure, Ethereum has many more developers contributing to its source code than Ripple, but Ripple it targeting a very specific industry and they don't have to worry about legal jurisdictions catching up with the smart-contracts industry for now - Ripple is about sending payments, not creating smart-contracts, and Ethereum is not, so creating a robust smart contracts platform is a harder goal that sending payments in a compliant fashion IMO, and I don't think the crypto purists like Vitalik, ETH and BTC hodlers would appreciate some aspect of ETH going the way of Ripple, so I think Ripple is way ahead of Ethereum in this respect as well as being much faster at settling txs. Also, Ripple is proprietary and the "ripple" ledger is not and neither is Ethereum, so I think Ripple is one of the smartest crypto companies out there because they're combining the best of both worlds, proprietary software for their customer's ease of use, feature rich, and compliant with open software for a trusted ledger for all to use, and targeting a very specific use case that severely needs upgrading, so I see Ripple as likely to succeed sooner than later than most other cryptos.
  18. 6 points
    doopers

    Argentine Peso live on Bitso

    Alright, I know it's only BTC/ARS as of now, but even that is new. My guess is that XRP/ARS isn't that far behind, and that is a key missing piece in getting the Argentine corridor open. Even better, that should be a source of outflow from MXN, which should help further balance the USD/MXN corridor. What do people think? ARS going live Q2?
  19. 6 points
    He will answer in due course most probably, but I think what he means is that when he is scripting the chart he needs to know what the Mexican Peso is worth in USD in order to be able to say what the slippage was. You are trying to convert USD to MXN ultimately. So at the destination exchange ODL sells the sent XRP and gets some amount of MXN. Was that the right amount? How much did it ‘cost’? You only know that cost if you know what the USD MXN rate is during the transaction. Now if that changes fifty times a day but his API only samples it once then there is a uncertainty in the slippage calculation that might exceed the real transactional slippage. And as the volatility of the USD MXN pair increases so too does the uncertainty in slippage calculation. He has said he is having trouble getting a reliable API to get real time FX rates... hence his comment. That’s my read of it anyway. My unasked-for two cents worth.
  20. 6 points
    https://newslogical.com/ripple-set-to-up-privacy-as-c-lead-engineer-publishes-new-feature-on-xrpl/
  21. 5 points
    Says the child who puts a laughing smiley at every positive post of others forum users. Grow up, and stop whining about "all the promises Brad made on twitter that lured my dumbass into crypto". Thats the card you try to stick on to to disquise the real deal while you derail every thread you possibly can under the flag of being a poor poor victim. You are a victim indeed, a victim of your own incompetence. You're a kid, go play outside.
  22. 5 points
    AlejoMoreno

    Charting the course of XRP

    I honestly wouldn’t bother trying to understand the inner workings of this market with regards to all of these bots, hundred of exchanges ran by god knows who, whales that own majority shares in every digital asset, etc. The more I learn about all of that, it makes me question why I even trust my money to be in this market.
  23. 5 points
    cry me a river , your starting to play the victim game , look at your past posting , you troll , infact you are one of the worst on this forum , i don't mind opposing views , but post with substance and facts to back it up , you have no credibility imho , so block yourself
  24. 5 points
  25. 5 points
    Staigera

    Swing trading

    I really don't overthink it. As you said it's gambling. I have made atm around 70k xrp since i started this swing trading. I'd like to think the 3 years of watching the prices up and down had something to do with it, but it's just dumb luck. With my latest BTC profit if xrp drops back to 0,14 again i'll have made around 100k xrp thats half of the amount i owned. i lowered my dca from 0,53 to around 0,39. I told my self if this thing shoots up and leaves me behind i'm just gonna buy a nice Mercedes with the remaining money and be done with this all so really i don't care if it shoots up or not if it does i'm happy for you all, but it prob won't. And in the mean while if i can double my stack why the hell not beats waiting around to only see your investment being cut to shreds. If only i had this mentality before, i could have made so much money buying and selling. Oh well live and learn.
  26. 5 points
  27. 4 points
    I see no method for the governments to involved in price capping assets because they don't like super rich people. How are they going to stop people trading in the available stocks that happen to be for sale on a particular day? "Hey you over there in Russia, don't sell your XRP, Bitcoin, Eth until the market cools and you get less money for them". "Hey you in China, don't be so stupid to buy at that price from that greedy Russian, wait for Japanese, Indians, Russians, Chinese not to want so much of that stuff, and then buy when we the government of America agree the price is low enough for you to trade again." Market cap is a meaningless valuation, unless everybody is selling at the same time - as happens when a bubble bursts. The value is determined by the amount people are willing to pay for the few hundred million available for sale on that day. The available XRP will get soaked up, and locked up when the markets start cross border international tokenising, smart contracting, multi fiat exchanging trillions using ODL the price of XRP go up. How high? However high people are willing to pay for the very limited resource available on that day. There is no other ODL/DLT solution to cross border payments than XRP. In four to five years time the tokenisation trade alone will be worth trillions. And then there is cross border micropayments, which might lock up billions in transactions on people's private phones, etc. The regulators , especially the American regulators, will have a role in breaking up the monopolistic players. Ripple is an American company, and will be regulated by the Americans
  28. 4 points
    https://heraldsheets.com/2020/04/07/regulatory-compliance-ripple-fintech-choice-bank-of-america-boa/ Ripple, US-based blockchain firm has recently received an accolade from one of the largest banks in the world, Bank of...
  29. 4 points
    LetHerRip

    XRP/Universal income?

    G E N I U S
  30. 4 points
    Eric123

    Epic Pennant on BTC Chart

    Looking at the price movement around the last halving, a run up and drop down is exactly what happened within the 6 weeks around the halving. The pre halving high was not reached until December of 2016. Of course we all know what happened after that.
  31. 4 points
    Baka

    Epic Pennant on BTC Chart

    that's true that when the price will get near TA ,there will be more people coming in crypto space. What I was saying before is that the trend is still bearish but we are seing a pretty fast increase in price , this shows a fake out or a counter run . the bulls will try to search 7800 first , but I think it will crash from there. if it doesn't , we 'll see 8500-9800 pretty fast (accumulation price target) then the crash
  32. 4 points
    You discredit every news item that comes from a credible source and then come up with a Twitter user sharing tinfoil information. Ok... Really, you have to stay of Twitter as it also was the source that got you into investing in the first place it seemed.
  33. 4 points
    Caracappa

    Epic Pennant on BTC Chart

    What do you mean with "not enough volume"? In 2017 pre bullrun there was <5bln 24hr volume and 10 to 15bln during the fomo run. Now there is 30 bln volume during sideway action and 45+ today. Washtrading aside, which was also there in 2017.
  34. 4 points
    Jotaro

    Swing trading

    wow 99% sure, such certainty, i miss those days where you kept asking questions like "wen moon", "do you think it will go up?". oh man, baka has grown.
  35. 4 points
    Baka

    Epic Pennant on BTC Chart

    you've put your lifesavings in crypto ? you trolling ?
  36. 4 points
    Julian_Williams

    Q1 2020 ODL report

    Congratulations - very nice analytical work. Very much struck at how similar the patterns you are picking up are to the other ODL reporters - Tentoshi and "the utility scan". It seems big drops in the value of XRP are followed by periods of flattening and slight dropping in ODL activity. In other words setting up ODL in a bear market is like working against strong headwinds, but even in these harsh condition ODL is ramping up. I wonder is a price boost would accelerate ODL adoption numbers?
  37. 4 points
    Eric123

    Epic Pennant on BTC Chart

    Day 20 of the Apocalypse Under 39 days till the halving. If Bitcoin can break above the $7,300 price level it can break out of the downtrend that is basically attributable to the corona virus shut down in the U.S. If that happens it will put the price above the 50 Day EMA currently at $7,255 which will also be positive for price action. Virus cases are ramping up in the US. New York could peak within 7 days. Hopefully once infections start to taper off and people can see the light at the end of the tunnel prices will return to their previous levels. Hashrate seems to have stabilized above 100 PH/s
  38. 4 points
    Flintstone

    Epic Pennant on BTC Chart

    https://www.bis.org/publ/work765.pdf After reading that I came to the same conclusion.
  39. 4 points
    He's not gonna reply, he dumped his bags long time ago
  40. 4 points
    ^ Why not? With less middle men, lower transaction costs, no more need for Nostro/Vostro accounts and special relationships between banks the cost comes closer and closer to zero. A small thing to waiver small fees to encourage me to keep my money in your bank instead of someone elses.
  41. 4 points
    Howdy thar Xrpiet - thanks for your interest in my ODL research ! You can see from the two charts below (black is price/volume action at Bitstamp over the last few hours, and the blue is the raw xrp hourly sells volume at Bitso), you can clearly see at hour 15 a flurry of heavy buying at Bitstamp, and corresponding selling action at Bitso. Viewing the Bitstamp pricing you see a small upwards bump as well, and interestingly, at Bitso, there was no perceptible pricing impact. Over the last many "crisis weeks" I've continued to monitor this ODL corridor, and it's been heartening to note that the steady usage of ODL continues to strengthen. JFYI, I continue developing more "scanner" tools, in particular for slippage metrics. But I ran into a frustrating discovery, in that the FX rates play more of a significant impact on the slippage pricing than I'd realized. I'm pursuing better sources for more a granular and accurate API source (IG is really good, but they won't give me access to their APIs because I'm not in the UK. They are working on providing that for USA "soon" I'm told). Oh, and the Visa-dev's solution want $3000 to set me up. :-/ I also pursued adding the coins.ph order book to my charts, but they won't give me an API key until I have renewed by passport (a CB requirement). Sigh.
  42. 3 points
    If XRP went to $20, those founders would be worth around $100 billion individually. I'm not saying that $20 is likely. But I don't understand the logic of saying XRP can't go to $20 because the founders can't get that rich. Do you think there's a glass ceiling on wealth in this country? Bezos is already worth $120 billion and many analysts are saying he could become the word's first trillionaire is his lifetime.
  43. 3 points
    Marathons are long boring affairs. They go much faster when you have something to talk about and given Ripple by the nature of the business doesn't reveal its hand openly people will talk about whatever evidence or lack of that comes up. I don't know why people put down others who like to actually discuss and throw out ideas around rumours/theories/analysis as tin-foil hat hopium smokers. Granted there are plenty around but most posters here can recognise the difference and filter out the BG123 & 12yo's pretending to be Marvel characters that exist at both ends of the spectrum.
  44. 3 points
    DaltonColeDecker

    XRP/Universal income?

    Funny! I actually did that today but it was a can of Lysol.' Thanks for the input, keep laughing my friend stay safe
  45. 3 points
    Caracappa

    Swing trading

    During most part of the bearmarket majority of people kept expecting it to go up any time... Now after the big drop so many people say 'it will go down again - I sold to buy back in lower - 0,08 or 0,10 is the next target.' I would think this is the perfect setup to not come back down and let people buy back in at higher highs or higher lows, fueling the further growth. But it can also crash into oblivion and double your stack. Who knows.
  46. 3 points
    Dogowner5

    Epic Pennant on BTC Chart

    As against that... the places in the world that have desperate people are fertile ground for get rich schemes. One scenario, (not the best one where utility increases and price follows,) is that crypto as a whole gains a resurgence when people start getting desperate for a get rich quick option in difficult times. So I don’t think it’s all that unlikely. Maybe not the most likely scenario but also not an unlikely one.
  47. 3 points
    I think that the solution is actually very simple. If xrp adoption hits a critical "tipping point" where it becomes clear that its use will become at least a significant part of "the standard," then a wave of institutions would likely want to hold it: if regulations will allow this. At this point, to alleviate any fears and concerns of Ripple wielding too much power, they could set an agreed upon price for all future escrow sales, which would only be made to "legitimate" financial entities. Let's imagine that the price hits $4 or $5 and it's utility as a liquidity tool becomes overwhelmingly beneficial to FI's. Ripple could then fix the price of a significant portion of their escrow, at a low-ball value of say, only $1. This would not only immediately boost both its use and utility, it might actually help "rescue" the books of many of those institutions which might have been on the verge of collapse. Per a purchasing agreement, they'd be required to hold this "$1" xrp for either a set period of time or after the market value of xrp reaches at set value. And maybe within these agreements, could be a clause that allows for very limited sales in order for these institutions to raise cash and therefore gradually return to solvency. Ripple could then do the same for whatever portions of escrow months remain, possibly boosting the final price to $10 when xrp's value reaches triple digits. Not only would this solve the evolving liquidity crisis, it could reassure governments; both ours and others; that it's in their best interests to support Ripple's efforts and not attempt to intervene with restrictive regulations. This might ultimately result in a free-market solution to a global economic crisis. Idk, it seems like a reasonable strategy to me, however, I'd love to hear what other's think, or what I'm missing...
  48. 3 points
    Eric123

    Epic Pennant on BTC Chart

    Day 19 of the Apocalypse Record Jobless claims. 10 million people out of work. Hopefully by summer this will all be over, the virus will be in the rear view and people will be working again. Been focused on the short term lately and thought I'd zoom out on the chart and look at the bigger picture. We are 41 Days from the 3rd halving. Check out this chart. 1st halving 11/29/2012 Price $ 12.51 2nd Halving 07/10/2016 Price $ 579.29 3rd Halving 05/13/2020 Price $ ????? Anyone wanna guess the price by the halving. Anyone else think Bitcoin will be over $10,000?
  49. 3 points
    jMusic

    Epic Pennant on BTC Chart

    I still see the higher probability being a push up to 7,800 to 8,000. Price just crossed the green FLD at the mid-point which usually indicates the price will climb a similar amount higher.
  50. 3 points
    Plikk

    How Much XRP do people here have?

    More than I need, less than I want.
×
×
  • Create New...