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  1. Haha
    XRPwinning reacted to XRP_to_20dollars in Be like Brad   
    I aspire to check it once a month. In reality, when i wake up, on the loo, at the dining table, when i restart my phone, when I leave the house, when i get out the shower, after sex, in the middle of sex, I have even dreamt of checking the price. 
  2. Like
    XRPwinning got a reaction from dreventures in [VIDEO] The Ripple l XRP revolution mini documentary   
    Whoa your cool. Not sure what your getting at but I never would of saw this if it wasn’t posted
    Thanks for the vid, well done 👍 
  3. Like
    XRPwinning got a reaction from Jedivh in [VIDEO] The Ripple l XRP revolution mini documentary   
    Whoa your cool. Not sure what your getting at but I never would of saw this if it wasn’t posted
    Thanks for the vid, well done 👍 
  4. Like
    XRPwinning reacted to JTxrPP in [VIDEO] The Ripple l XRP revolution mini documentary   
    Dre Ventures has been around for a while; he can post whatever he wants.
  5. Like
    XRPwinning got a reaction from Julian_Williams in [VIDEO] The Ripple l XRP revolution mini documentary   
    Whoa your cool. Not sure what your getting at but I never would of saw this if it wasn’t posted
    Thanks for the vid, well done 👍 
  6. Like
    XRPwinning reacted to Harfang in [VIDEO] The Ripple l XRP revolution mini documentary   
    This forum needs more content, not less. If you're not interested just move on, everything will still be ok if you don't watch it.
  7. Sad
    XRPwinning reacted to KaaKaRmA in [VIDEO] The Ripple l XRP revolution mini documentary   
    Stop promoting your own videos.  Users can subscribe if they’d like. 
  8. Like
  9. Like
    XRPwinning reacted to XRPeteSampras in An Introduction to XRP   
    Long time no talk, guys... been working on a few things.
    I'd like to introduce you to "XRP the Standard Productions" and I hope to be bringing you lots of entertaining content in the future.
    As for now, please enjoy the words of Hodor brought to life in the channel's initial video.
    Stay the course, ladies and gents.  
  10. Haha
    XRPwinning reacted to Tinyaccount in Financial Results Information: SBI Holdings (Information meeting (Nagoya venue))   
    If you want to learn how to jam people on to a train, or facts on to a slide, go to Japan and learn from the masters....    
  11. Like
    XRPwinning reacted to iLeeT in XRP NAME MEANING and should it be changed   
    By the way, before it was ever called XRP it was XNS
    X as in currency not associated with a particular country..
    NS as in - Nakamoto, Satoshi (tinfoil hat)
  12. Like
    XRPwinning reacted to XRPboi in Stability needed   
    I also wonder about this question. If XRP and only a select few other projects offer real utility, AND if utility can/will end up driving actual demand, then what happens to all of the other coins when the few utility tokens grow consistently from real world usage? 

    I think there are too many big players who are in bitcoin to allow for XRP (or any other project) to take its place as #1. I'd even speculate that the large players want BTC to be the poster child of crypto while they also hold large bags of XRP. Until the market is much more liquid, those with large bags are going to do everything they can do keep their portfolio as far in the green as possible. 
  13. Like
    XRPwinning reacted to mars75 in The Issues in the International Payment Space   
    Although arguments can be made against the notion of future adoption of the XRPL by the financial system thru supporting the retention of the current international payment system or emphasizing the technological progress in the SWIFT payment network, they fail to address critical flaws in today’s system. Hackers, political pressure, regulators, and the shrinking correspondent banking system are all legitimate issues that are impacting banking operations.
    Most international payments are facilitated through the SWIFT network today. SWIFT is a messaging network used to send and receive information on financial transactions between financial institutions. Currently, more than 11,000 financial institutions from around the world are linked to the SWIFT network for operations. Typically, the originating bank is required to have a working relationship with the destination bank in international wire transfers. If there is none, the originating bank can search the SWIFT network for a correspondent bank that has one with both banks.(2) Once found, the transaction is transferred through Nostro accounts held at the intermediary bank for a fee to the destination bank. Although SWIFT’s inception has proven to be beneficial in enabling international payments between banks globally, it’s reliance or the monopolistic position has become a double-edged sword.
    Due to their international relationships, SWIFT was viewed as an apolitical organization that was independent of any country’s domestic foreign policy. Unfortunately, this has not been proven the case the past few years as political disputes now threaten to fragment the international payments space. Regardless of your political views towards Iran, the United States pressure on SWIFT to disconnect Iranian financial institutions from the network has been unprecedented. While the action undergone by SWIFT contradicts the European Union’s desires. Although the EU intends to maintain trade with Iranian institutions, SWIFT complied with the US requests.(3) With the consequence being that now the international payment network has become weaponized to exert political pressure onto countries or regions. This undermines the trust within the network as participants can ultimately be on the wrong side of political discourse. Along with Iranian FIs, there has been heavy speculation from US media sources and diplomats that Russian financial institutions might face similar sanctions to their Iranian counterparts in the future.(4) Further eroding any participant confidence in SWIFT remaining apolitical.
    SWIFT’s inability to remain impartial to the network’s participants is already beginning to have repercussions. In Europe, there has been a political push back on the US influence over the payment network. Germany's foreign minister, Heiko Maas, has publicly stated that the EU should "strengthen European autonomy by creating payment channels that are independent of the United States — a European Monetary Fund and an independent SWIFT system".(5) Even more striking were Maas’ comments that the EU had already begun the process of developing an alternative payment system. Both Iran and Russia have also taken similar responses to the EU. Iran has begun implementing an alternative banking platform for banking transactions with foreign institutions.(6) Meanwhile, Russian financial institutions have prepared themselves to be disconnected from the SWIFT network at a moments notice and have begun to adopt another alternative payment system CIPS. CIPS or the Chinese Alternative Global Payments System is also an alternative payment platform provided by China. CIPS was intended to make transactions between China and Russia easier while enticing other countries to utilize the system.(7) Russia has also begun to develop its own payment system called the “System for Transfer of Financial Messages” (SPFS). Essentially, the global political environment has pushed regions or countries to develop or adopt alternative solutions to SWIFT. Creating an ever growing, fragmented international payment network that will require interoperability between systems.
    SWIFT’s security has also been exploited these past several years, further testing the participant's trust of the network. Along with the frequency of these hacks occurring, the severity of them is increasing. Of the top five biggest SWIFT hacks by money lost, four of them have occurred within the past two years.(8) The sophistication of these attacks is becoming so advanced for SWIFT’s liking that they have begun to issue warnings and urge participants to increase their security measures.(9) In some attacks, hackers have been able to order payments to banks in other countries by copying preformatted payment requests into the SWIFT messaging software. Even further eroding trust in the network’s security, it was discovered that the NSA had breached SWIFT’s security and have developed tools for its operations. Thru leaked documents and files by a hacker group, the public was made aware of how the NSA had accessed the messaging system. Possibly setting in an uncomfortable feeling for financial institutions located in Eastern countries that the SWIFT network is a possible vector for attacks.
    Structurally, the correspondent banking system has been on a gradual decline for several years while total volume and value of payments through SWIFT are increasing. The Financial Stability Board conducted a study in which the FSB found that from 2011 to the end of 2017, active correspondent relationships declined by 15.5 percent across all currencies.(1) While for 2017 alone, it declined by 4.1 percent. More recent studies have concluded that 2018 saw declines in active relationships and corridors of about 3.5% and 2% respectively.(11) With the global correspondent banking network now declining by about 20% and the number of active corridors having fallen by roughly 10% the past seven years. This decline in active correspondent relationships has also coincided with the increased concentration within the correspondent banking market. Remaining participants in the network have their market share increase as competing banks exit the system. Both these trends pose respective risks and issues to the banking system. An increase in the volume of payments with the decrease in the number of correspondent relationships is theorized to increase the length of the payment chains. Implying payments will need to be facilitated thru more intermediary parties to reach the same destination. Possibly adding more exchange or transaction fees along with increasing the settlement time. Meanwhile, a concentration in the correspondent banking market introduces an unwelcoming scenario. Theorized consequences include a decrease in the competition of services, leading to higher costs and more fragile networks. As the payment network relies on fewer participants to facilitate payments, the failure of a participant will have greater repercussions as they are more relied on.
    Ultimately, the global political environment is causing a fragmentation of the global payment system while the financial system is gradually entering a delicate state. Both trends have already begun to force global and financial institutions to adapt and find alternative systems. Regardless of what SWIFT can develop to enhance it’s services to its participants, there will be issues the organization cannot resolve. Interoperability will more than likely be the key in enabling the future global payment space to withstand any geopolitical shocks, along with providing a crucial capability if the financial system is under strain due to the structure of the correspondent banking system. Placing Ripple’s xCurrent or ILP in an advantageous position.
    1.      https://bankingjournal.aba.com/2018/11/basel-decline-in-global-correspondent-banking-relationships-accelerates/
    2.      https://www.investopedia.com/terms/c/correspondent-bank.asp
    3.      https://www.ft.com/content/8f16f8aa-e104-11e8-8e70-5e22a430c1ad
    4.      https://www.voanews.com/a/us-diplomat-russia-should-release-ukrainian-sailors-by-christmas-/4688911.html
    5.      https://www.businessinsider.com/germany-wants-european-rival-to-us-backed-swift-payment-system-2018-8
    6.      https://en.mehrnews.com/news/139715/Iran-welcomes-foreign-banks-to-join-its-alternative-to-SWIFT
    7.      https://ethereumworldnews.com/after-ripple-chinas-cips-now-competes-with-swift-departure-from-us-dollar/
    8.      https://medium.com/@kvantorcom/top-5-biggest-swift-hacks-52fca78145c
    9.      https://www.reuters.com/article/us-cyber-heist-warning/swift-warns-banks-on-cyber-heists-as-hack-sophistication-grows-idUSKBN1DT012
    10.  https://www.reuters.com/article/us-usa-cyber-swift/hacker-documents-show-nsa-tools-for-breaching-global-money-transfer-system-idUSKBN17H0NX
    11.  https://www.bis.org/cpmi/paysysinfo/corr_bank_data/corr_bank_data_commentary_1905.htm
  14. Like
    XRPwinning got a reaction from jabit in Ripple acknowledges unreliable trading volume   
    This is fantastic news. Hats off to acknowledging this issue. I expect to see upward momentum building the rest of this year cause if this 
  15. Like
    XRPwinning reacted to DarthTrader in Ripple acknowledges unreliable trading volume   
    In my openium this news are the next step after ''increaseing XRP liquidity and strengthen the overall health of XRP markets''
    If we look at the XRP supply we're going closer to the 51% of supply by Ripple escrow.
    How many XRPs they want to distribute and where is the point of going into ''balance phase''. For me this looks like the next step in this direction. Great news
  16. Like
    XRPwinning reacted to Roaring_Twenties in Ripple acknowledges unreliable trading volume   
    “At Ripple, we believe in proactive transparency.”
    Another sign of a well lead company. Acknowledges mistakes of current performance and pivots to get out in front and correct it.  Frankness and candor. Good stuff. Exactly the type of corporate behavior one would look for if you were investing in or working for.
  17. Like
    XRPwinning reacted to princesultan in Ripple acknowledges unreliable trading volume   
    interesting... it also says they are decreasing their programmatic sales this quarter, maybe that’s why we’ve seen a bit of a price bump recently (less selling is occurring).
  18. Haha
    XRPwinning reacted to Ripple-Stiltskin in Why XRP will NOT succeed   
    Page 26. It feels like I’m late at the party. But I’ve been working my *ss off all day to compensate the loss of 20 XRP stuck on my account.
    Sure hope price tanks so it will cost me less. 
  19. Like
    XRPwinning reacted to Julian_Williams in Increase in small - medium payments - [Galgitron]   
    It seems that it has now been confirmed that XRapid corridor between Japan and Thailand has opened up in the last few days.  This may explain the rapid growth of payments?
    Did we ever get to understanding those micropayment peaks (purple)?  It happened again.  Could micropayment peaks indicate some sort of testing program during installation of a new corridor?
  20. Like
    XRPwinning reacted to cryptoxrp in If you are a HODL and the price doesn't matter yet then why are you here monitoring XRPChat?   
    This forum helps me watching Ripple and XRP unfold the greatest monetary change in history. Where a true level playing field is created for every living soul and especially the poor and the unbanked. Imho most of the members of www.xrpchat.com share this vision. 
  21. Like
    XRPwinning got a reaction from Johno in Increase in small - medium payments - [Galgitron]   
    Wow this is great work. I know you’ve been frustrated with the lack of productive conversations on this forum, but keep in mind there’s a lot of lurkers who appreciate this tremendously!
  22. Like
    XRPwinning reacted to JannaOneTrick in Increase in small - medium payments - [Galgitron]   
    Thank you all for your kind answers <3
    Here is an observation:
    Weekend slopes

  23. Like
    XRPwinning reacted to Hodor in XRP News Update: May 25th, 2019   
    Blog URL:  https://xrpcommunity.blog/xrp-news-update-may-25th-2019/
    Time to read the latest XRP news heading into this weekend!  I cover it all, including a major announcement by Kava:
    𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Pat Thelen elected to U.S. Faster Payments Council (FPC); and Brad Garlinghouse participates in a podcast by Kara Swisher.
    𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Stefan Thomas participates in an AWS Loft panel discussion; and an AMA is planned with Stefan Thomas at the end of this month.
    𝐊𝐚𝐯𝐚 𝐍𝐞𝐰𝐬: Kava announces their new service, 'Switch.'
    𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: XRP Arcade adds an infographics page; and PayWithXRP publishes a self-identifying list of businesses that accept XRP.  
    I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so!  
    My blog announcement links on other platforms:
    Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
  24. Like
    XRPwinning got a reaction from ObeyTheWafflehouse in Increase in small - medium payments - [Galgitron]   
    Wow this is great work. I know you’ve been frustrated with the lack of productive conversations on this forum, but keep in mind there’s a lot of lurkers who appreciate this tremendously!
  25. Like
    XRPwinning got a reaction from Julian_Williams in Increase in small - medium payments - [Galgitron]   
    Wow this is great work. I know you’ve been frustrated with the lack of productive conversations on this forum, but keep in mind there’s a lot of lurkers who appreciate this tremendously!
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