Jump to content

Scout

Member
  • Posts

    323
  • Joined

  • Last visited

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

Scout's Achievements

  1. This is the problem. We are seeing this now. Public Exchanges that offer XRP are shutting down public access to this token. Public exchanges that don’t follow regulation get banned from Canada, Europe & the US. What good is holding XRP if you can’t benefit by trading it or cashing out because of regulation. All XRP holders will be screwed.
  2. Binance pulls out of Ontario Canada. No longer can users from Ontario use the Binance Exchange. Good Grief! https://www.binance.com/en/support/announcement/ba03469c86f34546bd25faf414730733
  3. The XRP strength to fall in price. It’s quite spectacular. Feels like .30 cents is very achievable!
  4. Fnality has been dubbed ‘XRP Killer’. It was founded to create a cross-border settlement framework among participating banks that will utilize a fiat-pegged cryptocurrency. https://financefeeds.com/ripple-lurks-as-r3-and-fnality-aka-xrp-killer-power-new-fx-swaps-platform/?fbclid=IwAR2kzTxLp8-uPeT_b7V-JJRhVprOJSkEseSBf194nLPnxyUIZlHTDFxKce8 This lawsuit has really crippled Ripple and slowed them down long enough for their competition to catch up.
  5. My TA for the day. The price can go up or the price can go down. Take your pick.
  6. Pretty much every $hitcoin has out performed XRP. So I seriously doubt there's any reason not to buy Dogecoin. You can always take your profits from $hitcoins and invest them into XRP to lower your risk and diversify your spread.
  7. In the past the best entry into XRP was to take your FIAT, buy some $hitcoin with no utility. Wait for it to pump 1000x then dump it into XRP when XRP is falling. That way you get the best bang for your buck. I remember when I first bought into XRP 4 1/2 years ago I was expecting the switch to be flipped any day. Who knows how much longer we will need to wait before any relevant price action happens. Could be this month, could be in 5 years. No one really knows and may never happen. XRP might get pegged to the US dollar after regulation and we'll never see a price higher than 1USD / XRP. Ripple is trying hard to prove XRP is stable in price but it is nothing of the sort. Whenever BTC drops XRP face plants. The entire market is controlled by BTC there hasn't been any price separation from BTC's influence. Ether is the same way and so are most of all the ALT coins.
  8. Sorry guys, couldn’t find a date on the article and it was my first time reading it. Thought it was new but I see this article has already been discussed in these forums back in 2016 as shown here. Probably not a significant article anyway. I should have done more research before posting here.
  9. https://australianfintech.com.au/westpac-says-rba-issued-digital-currency-would-boost-blockchain/ Warning this article is very bullish for blockchain. What’s XRP’s use case now? Looks like no central bank wants a middle man.
  10. No one really knows what's going on. Nor can anyone assume what will happen. The entire space right now is speculation until mass utility kicks in we are all sitting ducks influenced by big bag holders who short.
  11. Thanks for the reply. However, I don't see gaps in my post. X-current still uses ILP for settlement without using XRP. "xCurrent is built around Interledger Protocol (ILP), an open, neutral protocol, that enables interoperation between different ledgers and payment networks. The solution offers a cryptographically secure, end-to-end payment flow with transaction immutability and information redundancy". "ILP Ledger enables transacting parties to settle funds atomically, which means the entire transaction settles instantly or not at all – no matter how many parties are involved."
  12. The news comes out but if you actually look at the ODL traffic no one is really using XRP. Sure they might be using XCurrent but there is very little XRP volume hardly worth writing home about. It basically comes down to Banks using ILP and not XRP. They don't need XRP for fast transfers between banks and they seem to be quite happy without it. The only thing that seems to move XRP price is the influence of BTC value.
  13. No I'm following successful opportunities instead of beating a dead horse. My rule of thumb is if a company can't make a go of it in under 10 years then move on.
  14. Ripple has lost the game. They are out in the cold. Another company is stepping up to the plate and beating them at their own game. Ripple just wasted too much time to launch a product. https://banxa.com/ Let the charts speak for themselves. https://ca.finance.yahoo.com/quote/BNXA.V/
  15. The Ripple Lawyers who aren't treating this case seriously. It's very troubling listening to them rebut when they miss the point.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.