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Scout

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  1. Banks are a business, not your friend. As long as they hold your money they are happy to help you by making money off your money. The minute you move your money outside of their control it paints a really grim picture. What about attempting to apply for a personal line of credit instead of a loan or remortgaging? Should have lower interest rates and might be easier to get.
  2. What he means is his computer has an infection browser hijacker and he's being redirected. Probably from investing too heavily into the Verge coin & p0rn.
  3. I think the question we should ask ourselves is... can there really be a price value associated to a protocol that's virtually free to use to send money? Something can be still really valuable and cost nothing much like Linux. Does intrinsic value carry much weight in a free open source protocol? How much do people pay to use freeware? And how far do free donations go interms of raising value. We have invested in XRP expecting a return however XRP doesn't owe us anything. It seems more like a speculation game of what speculators are willing to pay rather than a metric of real value. Even with a massive influx of volume we witnessed in the last day the price surged 5 cents only to fall back down. The price isn't even controlled by the success of XRP but by the success of the entire crypto network and most importantly BTC. There shouldn't even be a correlation between BTC and XRP as they are totally separate networks. Volume alone isn't enough to raise the price there needs to be a more substantial metric. What am I missing?
  4. These panels are kind of frustrating, they always rehash the same material. I wonder if Brad ever gets tired of telling the world about the fastest way to send money to another country is to walk it there. The world needs to know why US regulators have a difficult time regulating or applying regulations when it's their job. The US Sec are obviously an incompetent group of over paid people and Ripple should be relocating their head office to Singapore where they are welcomed. Binance picked up and moved from Japan to Malta almost overnight. It's time for Ripple to pack it's bags and head where the technology hubs exist, which is obviously in Asia.
  5. It is time for Ripple to move their head office to Singapore.
  6. A lawyer who focuses on litigation involving securities at the firm Kobre & Kim just issued a big update on the class-action lawsuit against Ripple, which alleges the company violated state and federal laws by selling XRP as an unregistered security. https://dailyhodl.com/2019/03/22/after-meaningful-victory-ripple-will-likely-issue-motion-to-dismiss-xrp-class-action-lawsuit-says-securities-lawyer/
  7. How I found Ripple, XRP & the community. I was searching the internet in early January 2018 for how successful people handle their business and their money. There is a formula to how successful people make money and it's not by accident. They know the in’s and the out’s and they repeat the process. I figured if I could somehow follow in their footsteps, by observing their lives and how they do their business I could put together some of these pieces to at least learn how to save money or spend money more wisely. So my googling began. I typed in a few successful business owner's names from different walks of life and when I came across Bill Gates I read about the Bill & Melinda Gates foundation using XRP to transfer money from the Gates Foundation to third World countries. I thought that was an interesting concept. Since my wife is from overseas, we are constantly sending money using Transfer Wise or Western Union to gift money back home for her family and the transaction fees using the existing system were digging too deep into our pockets. At that point my research began into crypto currency and my introduction to Bitcoin. It only took a few transactions using Bitcoin to realize how expensive and slow it was. Also, I realized Bitcoin was very anti-establishment with regulatory bodies (Governments & Banks). For me that was a red flag because I know banks and governments aren’t going away. I found XRP to be the polar opposite and it seemed to address my concerns I had about crypto and I felt especially comfortable knowing that a US based company was a major driving factor behind its success. After watching countless YouTube videos about Ripple and Brad Garlinghouse I started investing as much as I could afford into the XRP eco system. I know for a fact XRP has a very bright future. I believe in the people who created it and I can see their passion behind the technology. I appreciate the fact Ripple employees have been very transparent in terms of the company direction and they strike me as a bunch of hard working and honest people with good values. Researching into Ripple and XRP has brought me to this forum community, where I frequently catch the latest updates on just about everything Ripple / XRP. So here I am, and I enjoy how welcoming and friendly this community is even when the markets are down and the emotions are high.
  8. Makes sense, the more volume the higher the price, the higher the price the less XRP volume is needed, lowering the price. Which is why we are at .30 cents. Bring on mass adoption so we can sit at .002 cents =P
  9. Thanks for turning my topic into gold. It's so refreshing to hear someone speak that actually understands the technology and not just speculating on how it works. Very much appreciated!
  10. Sorry for the double post. Initial post didn't refresh correctly resulting in hitting the save button twice.
  11. The man responsible for fixing or manipulating the crypto currency prices is missing in action.
  12. Well, XRP doesn't settle on it's own either. It uses Order books/ Exchanges. So the choice comes down to whether an Exchange performs the conversion or a Bank does the conversion. Either way, the conversion takes place at one place or another.
  13. search : xcurrent_brochure.pdf xCurrent enables banks to message and settle their transactions with increased speed, transparency and efficiency with RippleNet members. 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.
  14. If XRP can average $3 in 5 years that is a great return and my exit strategy. Need to be realistic people. $3.00 / XRP would be the moonshot and it will take time to get there. HODL! Something to keep in mind, Banks are a business. They won't buy into a tech that will make everyone rich around them. That is a pipe dream. Banks are in it for themselves, not for the customer. The incentives for Banks to use XRP is quite small when modern tech like Xcurrent can settle just as fast in FIAT using existing channels.
  15. The banks can probably choose what bridge currency they want to use. R3 is just like a vending machine that dispenses the use of all types of settlement options. But it definitely sounds like Swift GPI is going to have no part of XRP and there is no telling to what extent they will go to ensure XRP is not a default selection in their settlement process and probably never will be. Sounds to me like Swift hasn't learnt a thing about why XRP is ideal for settlement and they continue down the same road they have in the past. Swift is gradually going to fade away, backing themselves into a corner that will eventually cripple their entire obsolete methodology. I can see Swift hanging themselves by their inability to adapt to make good informed decisions as a result of their hate towards the competition.
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