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Atomic1221

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Everything posted by Atomic1221

  1. Ripple has so much money, I really do believe they could better spend their money to deliver actual change in the industry rather than wetting their toes in a bunch of side projects They need to set a milestone like get 80% of trading platforms to sell XRP. Or start something analogous to SWIFT and have 10% of the world’s banks signed on. Make a deal with the IMF so all emergency loans will be deposited into accounts where every transaction is recorded on the XRPL. I don’t need to know what the milestones are but I haven’t seen any major paradigm shifts lately which does make me wonder. However it is also clear that XRP is oversold. And remember last time XRP was going down and BTC was going up? I think we hit almost $4 a few short months later
  2. Why do people keep saying it will be dumped in one go? If 500k BTC is actually handed over it’ll likely be an estate lawyer that will be managing the sale of the coins. That’s IF they decide to sell at all. And if they do sell it it would never be all in one go unless it was a private sale OTC which totally doesn’t affect the market at all. I just want to understand where all these dumping assumptions come from. Maybe I’m missing a key fact here or something?
  3. Just to be clear, it was a fake app calling itself MetaMask not actually from the website MetaMask.io.
  4. Why is this so clear to me and not to him? Is there an alternative view I'm missing here?
  5. He may not realize that money is actually just credit for bartering goods and service. I guess we are too far removed from this fact to remember it
  6. Or you could simply increase the maximum number of transactions per second to increase liquidity. This is a traditional problem to a non-traditional solution. Not even relevant. Also, your definition of currency is archaic in this context. XRP is a settlement currency, not intended to be a spending currency. Even if you settle in XRP; you'd still need a nation-state to adopt it as the national currency in order to spend it locally (or have it be a complimentary currency at the very least)....otherwise you'd need to sell the XRP to spend it. I think sounding the alarm bells of a future world dominated by XRP causing an even more future liquidity crisis isn't practical. And even in that scenario, refer to my first point about increasing the transaction speed to increase liquidity. You don't actually need to hold XRP to use XRP or have it increase in value either.
  7. Earthport has a preferential deal with Ripple that predates exclusivity contracts. Earthport was one of the first Ripple gateways The value of said deal to whomever owns the contract increases proportionally to the volume of transactions being done this way. You can put the rest together Also earthport infrastructure is valuable in right hands and that alone would cover cost of the deal .
  8. I just saw this post. Are you sure he didn't have the plausible deniability on? He may need to put a second password. I'm actually almost 100% sure this is the case. Edit: I didn't see your post. It seems I was wrong but this may be helpful for someone else. The new desktop software (the one with graphs and stuff) will help with hardware syncing issues. I had the same driver issue on multiple devices. It wouldn't pick-up my nano after entering the pin. I would had to download this secondary software for it to work. Problem was, it gave me an error when sending XRP but it actually worked so I ended up double spending. Yes. Nano drivers are buggy.
  9. My point being is at some point won't XRP be sufficiently differentiated that the old decision to just hop onboard the crypto exchange infrastructure no longer makes sense? How inherently dependent are we on crypto exchanges?
  10. Interesting. Seems too soon for them to be giving up on b2b connect. Maybe they're integrating earthport somehow? It would just be totally dumb to buy earthport for such a high price (300% over share price) and not be planning on using their new DLT api connected to Ripple. Earthport API drastically reduces barriers to signing up & installing Ripple products. Especially given 2019 looks to be the year when many smaller banks join team Ripple, it would be a very odd move.
  11. When did they announce the hyperledger partnership? Because it seems Visa had bad luck in their blockchain experiments. May be a change of strategy? Or a two-pronged approach?
  12. I was wondering if there was a way if XRP could work without cryptocurrency exchanges. Maybe a traditional bank or a large corporate structure takes over the exchange's role in xRapid. In the simplest case, imagine say Google had an exchange for all fiat currencies and XRP. No other cryptos. Would this work? Nothing would stop multiple companies doing this as well. A large multi-national firm could even use their international payment accounts to self fund a large chunk of the initial currency investment. I'm mentioning this because it could be the fastest way to get off the Bitcoin leash. I'm wondering if anyone has given this any serious thought.
  13. This may be the biggest news I've heard in a long time that's not some pipe dream optimism. Visa is truly getting into the game.
  14. Does that mean oil is a security? How about USD? Is that a security? Because I know plenty of investors who buy both of those with the expectation of profit Whataboutism at its finest .
  15. It was explained to me by one of the Ant Miner engineers that a 51% attack would become increasingly difficult the more ledger validations that were done ie the further back in history a transaction is, the greater the % control needed. And any ledger alterations would be temporary This is just what I was told. I’m curious of any opinions on this
  16. After being around for over a year now, I’ve begun to believe that market maturity is when a random spike clicks in permanently due to market expectation and self-fulfillment. Its more of the age old chicken or the egg problem here
  17. This is all kinds of sketch. It defeats the purpose If you have to trust coinbase on good-faith to ensure the transitive nature of pooled FDIC insurance. This needs better regulation. And is a really bad look for their instuitional custodial services. It may even be in a legal grey area.
  18. This is the ultimate escrow! Funds will be released upon reserve decrease
  19. It depends if we're expecting the line to be linear or to have some curvature. If it is indeed linear then the last point on the graph is an abnormality. I believe it is very early and growth is high. The next point on the graph will be critical in determining the trend. I wouldn't make optimistic/pessimistic presumptions just yet.
  20. You need to get that checked out man.
  21. Yeah when people say 400m is released from escrow that means there’s 400m actually released from escrow not what portion is sold from the total escrow Semantics, I know. But I misunderstood you. Maybe it’s my mistake
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