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  5. Like
    fiik reacted to xrpmommy in Ripple “growing quickly” but may wait to review transaction data publications   
  6. Like
    fiik reacted to ObeyTheWafflehouse in Uncertain Future   
    I recommend DYOR and read EVERYTHING from @BobWay. He's a wealth of knowledge for the community, but i'll get you started. 
    Stephan proposed an idea that would create a net pressure on XRP. He notes that, "net upward pressure on the price of XRP... and Ripple and I received a patent for it."
    However in another thread he discusses the "patent." 
    The "patent" is a liquidity sourcing mechanism that allows to pull liquidity from different exchanges at the lowest possible price. With that being said, if you are always using the least expensive payment route, organically the system will grow exponentially over time, which I believe we are seeing RIGHT NOW with ODL. 
    But I haven't touched on why this is good for price. Well, if the volume is exponentially increasing  through the payment rails, this allows for more Market Makers to make the market. MMs are able to reduce the speak spread on the ask/bid price of the trade currency, commodity, etc. The more MMs, the more institutions that are holding XRP, not as an investment choice, but because they are able to make a profit from a high volume corridor. 
    Let's say there's a hundred MMs per corridor multiple that by the number of base pairing per currency and the amount of XRP being held overall ramps up very quickly. But as bob said, "But of course the whole strategy is worthless, if the XRP bridge currency path costs more end-to-end than alternative pathways." <---- And that's the risk of your investment.  
  7. Like
    fiik reacted to SquaryBone in Interesting view from a Bitcoin Investor (Maxi?)   
    "Youtubers". Since when have these been right? SamIAM has been ranting for months about 589 EOY and he was not invited. Until the last day he was so confident he was right and he got a trustworthy source. When that didn't come to fruition he went on with a new prediction from another riddler. Again an anonymous and "reliable" source according to him. 2k in May! That''s about 1999,75$ off.
    I honestly don't understand Ripple inviting these lunies. I'd honestly feel ashamed as a company that these people are championing my company. Just take a step back and listen to what e.g. Brad Kymes is saying in his youtube videos. Does this sound like a trustworthy person with some understanding of the matter (either economics, software development, blockchain, legal, ...). This guy is hearing voices. "Come on in!!!?!???!!?!?".
    I forgot the name of the one that was running a charity (CKJ?) and misused the funds.
    DigitalAssInvestor is another one of them misrepresenting the "news" with only mentioning pieces that fit his narrative.
    These are the guys that people should be listening too? How can this be taken seriously?
  8. Haha
    fiik reacted to djdhrubs in Is there any way this isn’t ODL/ XRP?   
    Post count doesn't mean anything dude. Most of my posts are shitposts and TA. You have no idea how thick I am.
  9. Sad
    fiik reacted to Gepster in Is there any way this isn’t ODL/ XRP?   
    Yes. The end.    

    How can you have 3500posts on XRPchat and still be so uninformed.  Logging off this forum for a while again...
  10. Haha
    fiik reacted to itcdominic in USD-PHP corridor becomes active   
    Pretty sure any attempt to calculate would be a WAG - (Wild ARSE Guess)....but if I had to guess I think we might see about the same volume we are currently seeing from MX/USD
  11. Thanks
    fiik got a reaction from JannaOneTrick in Brazilian corridor is up and running   
    dang - Janna must have me blocked
    can you unblock me @JannaOneTrick
    i'm @fiikster 
  12. Like
    fiik reacted to yxxyun in Chinese Ponzi scheme PlusToken have over 400 million XRP   
    only the issuer can freeze its issued currency,  not work in this case,  plustoken only hold XRP,  didn't hold issued currency on XRPL.
  13. Like
    fiik reacted to ScroogeMcDuck in Chinese Ponzi scheme PlusToken have over 400 million XRP   
    Let's not
  14. Haha
    fiik got a reaction from Sharkey in Cooperative Entertainment v. Ripple Labs   
    ah... good news
    don't they say a company's success is correlated to the number of lawsuits (frivolous or not)
  15. Like
    fiik reacted to Mitty in SBI - 6mths to sep 30 report   
  16. Like
    fiik reacted to MoonRockets in SBI - 6mths to sep 30 report   
    Interesting note on here page 35 "Other crypto asset-related businesses are in preparation, in anticipation of the revisions in the Financial Instruments and Exchange Act, and in the Payment Services Act, which are scheduled to be enacted in April 2020"
  17. Like
    fiik reacted to hamasugu in SBI subsidiaries Money Tap and PayPay (softbank and yahoo japan) have formed a business alliance. They do the charge business using Ripple's technology.   
  18. Like
    fiik reacted to Caracappa in Spam? suspect BTC payments on XRPL   
    Sure, but it takes a while for some maxis to discover it is. They probably have the same tunnelvision we have on XRP
  19. Haha
    fiik reacted to Caracappa in Spam? suspect BTC payments on XRPL   
    Perhaps someone is testing the capabilities of the XRPL now Lightning network appears to suck.

    Suspicious in a bad way or something we should applaude?
  20. Like
    fiik reacted to Live4xrp in CoinField introduces “SOLOGENIC”   
    I trust Wietse Wind! https://www.sologenic.com/#team

  21. Like
    fiik reacted to Uloveme in CoinField introduces “SOLOGENIC”   
    TALLINN, Estonia, Oct. 15, 2019 (GLOBE NEWSWIRE) -- CoinField reveals full details of Sologenic, a sophisticated ecosystem that facilitates trading of on-demand tokenized assets, including stocks and ETFs from 25+ global stock exchanges or fiat-backed stablecoins on top of the XRP ledger (XRPL).
    Introducing SOLO Coins (Ƨ) 
    Sologenic deploys SOLO coins for market-making and liquidity providing. Coins are issued on the XRPL allowing liquidity to be moved in a matter of seconds. This creates a dynamic bridge between crypto assets and non-blockchain-based assets by being paired directly with fiat as collateral to settle with third-party brokerage firms. SOLO will be available for trading on CoinField’s existing exchange, CoinField’s upcoming DEX, and major global crypto exchanges.
    Tokenize, Trade, Earn and Spend
    Sologenic is merging traditional financial markets with crypto by leveraging the XRPL to enable ultra-fast and efficient transactions in real-time. Users can invest, trade, and tokenize assets such as stocks, ETFs, and fiat on-demand. For example, a tokenized stablecoin of TSLA or USD is presented as TSLAƨ or USDƨ. These stablecoins are tradable and redeemable against XRP and SOLO on both CoinField exchange & XRPL DEX.
    SOLO holders are eligible to obtain a free Crypto Card to use their crypto assets as collateral and spend instantly anywhere globally.
    “We’re making it easy for people around the world to have access to different global stock exchanges via the blockchain. Imagine living in Tokyo and being able to trade assets from NASDAQ, HKEX, LSE, Deutsche Boerse, and major exchanges on one secure platform. This platform tokenizes stocks on the XRPL as demanded, allowing you to trade it against any cryptocurrency and spend in real-time anywhere. Ultimately, Sologenic helps the mass adoption of cryptocurrency by allowing people to invest in stocks. It’s a WIN-WIN for everyone!" Said Bob Ras, CoinField CEO.
    SOLO Community
    Sologenic is a community-based ecosystem where users can participate in different decision making events and benefit from the SOLO Community Fund (SCF) and the SOLO Expansion Fund (SEF). Developers are encouraged to contribute to the Open Source SDKs and other decentralization initiatives. Users can voluntarily participate in multiple time-based reward programs and receive up to 20% rewards annually.
    It's time for the world to #GoSOLO and create a new financial ecosystem for the modern era.
    Learn more on: https://www.sologenic.com.
  22. Like
    fiik reacted to Dirk_diggler88 in Coinfields XRPL Project   
    Wonder if they are related with Hodor finishing up his blog?
  23. Like
    fiik reacted to xrpmommy in Ripple brings blockchain tech to Finastra banking customers   
  24. Thanks
    fiik got a reaction from OzAlphaWolf in Ripple's Liz Chien joins California's Government Operations Agency: "Blockchain Working Group"   
    Ripple are getting that multi hop feature down to a fine art.
  25. Like
    fiik reacted to LeonidasH in Ripple's Liz Chien joins California's Government Operations Agency: "Blockchain Working Group"   
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