retryW

Unless the proposals have changed since I last looked, you only recovered a portion of the initial wallet fee (say 15 of the 20XRP). This is specifically to keep people from being able to spam wallet creations and deletions free of charge.

I note that in your OP the last transaction is AUD to USD. I've noticed on Aussie exchange BTCMarkets (ODL partner), XRP has had higher volume than BTC for days in a row now, which is almost unheard of. Almost certain this is due to ODL (in addition to the current upward movement).

Me

Brilliant! Thanks for posting this.

At least it's just your Gatehub account and potential millions of dollars you might have had. Not even on the same level as having your Neopets stolen as a kid.

I disagree

BITCONNEEEEEEEEEEEEEECT !!!!!!!!

*if you leave it on the exchange.

@jasil obviously. But they'll have to turn the mic down or the volume will be too high.

However losing millions in crypto could very easily affect their ability to honour IOUs issued on ledger. In my opinion there are three reasons why it doesn't get used. 1. People don't know it exists/how to use it 2. Low volume. This is a vicious circle as low volume makes people stay away which stops the volume from increasing. 3. Counter-party risk. The same reason JPM coin and Libra don't compete with XRP. There's a middle man, you don't own your funds. You have to trust that the issuer can honour those IOUs. Gatehub is/was the largest issuer of USD on the ledger. They were also recently hacked. That doesn't make people want to trust their IOUs.

NDAs. And it's not just other institutions putting NDAs up so Ripple can't talk. Ripple have also put NDAs in so some of their customers can't talk. (Proof in some video interview somewhere.)

... God help us all

Your counter is definitely stalled. From memory it's ~$1 worth of XRP donated every two hours of viewing. Either way it's significantly more than your post details. I also don't understand what you mean by "Even with a few thousand readers per month, it'll be very hard to earn back the $5 monthly subscription fee". You don't need a Coil subscription to accept Coil micropayments. Currently the only reason their "model" won't work is because they are donating WAY more than $5 per month. Currently you can donate more than your subscription cost just by watching like 10 hours of content. Coil are doing this because they have a fair bit of capital and are using it to help push for adoption of web monetization.

*cough* counter-party risk *cough*

This most recently update looks amazing. And further consolidates that real utility growth is happening, right in front of our eyes.