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About jabit

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  1. Japanese summer bonus time is approaching. Bonus for public employees from companies is around 6/30 to 7/10.
  2. I don't think that Libra will be the most popular in stable coin. Do people buying cryptocurrency buy Libra for anything other than temporary evacuation? Cryptocurrency will be spread by integrating investment and popularity. There is no need to buy stablecoin than you actually use them. Cryptocurrency is mainly used for investment, and stablecoin is used for temporary evacuation You may make money with cryptocurrency and use it for payment. and You may use it for payment by stable coin at the time of temporary evacuation. It will co-exist anyway, but I think it can't stop the spread of cryptocurrency as investment in the coming decades.
  3. The actual real demand for Moneygram will come progressively. However, it brings many other remittances and financial institutions to RippleNet. And it continues to spread as big ripples.
  4. Moneygram's remittance share between America and Mexico, Moneygram's and Ria's share is as high as 16% and 13% in 2017 respectively (total 29%) https://imgur.com/a/CNn70 Moneygram share of money transfer in Africa 24% https://imgur.com/a/fVRYZ Moneygram and PayPal are partners https://www.businesswire.com/news/home/20121022005443/en/MoneyGram-PayPal-Agreement-Brings-Online-Physical-Worlds Moneygram is also partner with Facebook. https://www.moneygram.com/us/en/how-to-send-money/send-money-with-moneygram-sendbot Moneygram is also partner with Walmart. https://walmart.moneygram.com/walmart/us/en/ Moneygrams are found everywhere in the world. https://t.co/suh7Rpg3yn
  5. XRP is a representative of the real demand like Amazon. Even after the IT bubble, the leading IT company Amazon continues to rise. Amazon long term chart https://t.co/jbpbb2diji
  6. Market capitalization is the multiplication of unit price and circulating supply. It has different meanings for each currency.
  7. May 15th Network Halt At 1:14pm Pacific time, May 15th, the Stellar network halted for 67 minutes due to an inability to reach consensus. During that time no ledgers were closed and no transactions were processed — basically, Stellar stopped. https://medium.com/stellar-developers-blog/may-15th-network-halt-a7b933103984
  8. Japan Exchange Schedule Let's wait what happens to the price Late May  Yahoo Japan-based cryptocurrency exchange "TAOTAO" opens June     Rakuten Virtual Currency Trading Service to be launched July     SBI Virtual Currency · Start of cryptocurrency board trading
  9. However, we need to study not only supply but also the potential market and potential demand of XRP.
  10. I think that XRP supply is needed to reduce volatility in the long run.Currency with too much volatility will soon be at its limit of growth. If cryptocurrency can reduce volatility, I think there will be demand for trading, ordinary life, corporate services, currency exchange on travel, etc. That is, I think any demand will occur. In order to generate real demand, I think the supply of XRP was necessary.
  11. XRP is not thin air. XRP is an asset that solves real problems. There is real demand to solve the real problem. However, if the space station (eco system) has only limited air, that air is valuable. Similarly, XRP is limited in quantity in the ecosystem.
  12. I think prices will rise. Development and diffusion will take some time. XRP will be used to exchange all assets including the Fiat currency. People can exchange for many assets just by having XRP. Naturally, there is a great demand for tools, vehicles and assets that can improve the real problem. It is the same even with currency.
  13. Even if XRP becomes key currency (bridge currency) of minor currency of one country, it is too little with 100 billion XRP. There are 180 currencies in the world. Most of them are minor currencies. If the exchange efficiency of minor currency exchange rate goes up, the number of holders will increase by hundreds of millions. If the demand for minor currency increases, it will interact with the major currency. The demand will be infinite because it is bound with the real demand. Over time, many people notice. XRP will be one of the most important inventions of humanity. The most expensive of the bank's international remittance fee breakdown is the exchange fee.It is high enough in major currencies but becomes increasingly expensive in minor currencies. I think that the only way to improve it is to use the small spread that cryptocurrency has. There are wide spreads when the banks exchange money.Banks can not eventually win the exchange of cryptocurrencies. Money transfer using xRapid will begin. Cheap remittance routes will surely increase. And, XRP exerts a network effect and starts to show power as key currency. I am not talking about delusions. Because XRP already has the third largest market capitalization in cryptocurrency. What I am talking about will be accomplished naturally over time.XRP solves the actual exchange fee problem.
  14. I studied the merits and demerits of Ripple. now I am positive for the future of XRP.
  15. Ripple says on the home page as below. It is assumed that the ILP protocol also incorporates various assets. In fact, it is assumed to be key currency of all asset including fiat currency. https://ripple.com/insights/the-internet-of-value-what-it-means-and-how-it-benefits-everyone/ ILP's connector is xRapid, and when exchanging different assets, it exchanges through XRP. This would assume that XRP will be the key currency for all assets. You can exchange anything if it becomes a key currency. The potential demand for exchanging assets worldwide with minimal fee without passing through third parties is still huge.
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