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Scout

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Posts posted by Scout


  1. First off Brad Garlinghouse is not the problem here. In fact, he is the best guy for the job. Attempting to push Banks into a crypto space is definitely not going to work. The largest problem we are dealing with is American politics and Regulators. Ripple is already very well positioned. Some things just take time and patience. Without team Ripple XRP would never have left the gate. We should all be very grateful for the hard work of those at Ripple for fighting the good fight for us.HODL On!


  2. Everyone has been drinking the imaginary Ripple cool-aid for so long.  If Ripple had their own blue beverage I’m sure they’d succeed! Maybe time to change gears and mix it up a bit. 2020 is the year to make things real, it’s time to deliver.


  3. On 5/24/2020 at 9:39 PM, karlos said:

    After updating to 1.5.0, the xrpchat validator was struggling to keep up. Upgrading from 16GB TO 32GB RAM appears to fix that bottleneck. If I had to guess, the extra RAM was needed because the CPU was getting overloaded, which seems new.

    You mentioned you are not validating, so it’s weird that the new rippled needs so much processing power. But I watched the CPU % a fair bit over the last few weeks, and it definitely goes over 100% (A LOT). Bearing in mind the validator is only 4 core XEON. Even so there’s no reason for that happen.

    I doubt the problem is fixed. Sounds like you've just masked the problem by adding more hardware. But there's nothing that can't be fixed without throwing more money at it.


  4. Xrp’s value  is all about speculation. Never has XRP’s  utility had any impact on price. If you want a utility coin to increase in value you buy and hodl BTC. If you want to transfer Fiat quickly you use XRP. But you certainly dont hold it for longer than 3 seconds. The cats out of the zerp bag, XRP is no longer a secret. If you want a gainful investment you invest in Ripple IPO later this year,  not XRP the digital asset.

    I’m spending all my XRP on fitness whole pizza... in my mouth!


  5. 3 hours ago, enrique11 said:

    I like everything about it except that it is on a Chinese exchange. Not that I dislike Chinese - I don't, but the CCP will become a major issue in the coming years with its political and economic influence, both domestic and abroad.  This could cause problems for foreigners using Chinese exchanges.

    Binance Exchange is owned by a Canadian and is now located in Malta. 

    https://www.maltatoday.com.mt/business/business_news/93170/why_world_leader_crypto_exchange_binance_moved_to_malta#.XswjOGhKgdU


  6. I just had a dream last night of Ripple severing their ties with XRP. It felt so real as I watched the price of XRP bottom at zero value then immediately get delisted from exchanges. My heart sank and here I am only to read this and see the comments above.

    https://coingeek.com/ripple-ceo-and-co-founder-do-not-believe-in-xrp/

    At the momment Twitter is down and I’ve never felt so bummed before about the future of XRP. Never once have I imagined XRP could one day potentially have 0 value until today. Man I hate bad dreams!

    I’m really trying hard to distance myself from following price action and news everyday but this has been a long haul. Wish I could see light at the end of this tunnel.


  7. Exactly, raising the price of a transaction fee is a perfect example of not really understanding the problem..

    Maybe it’s time for the authors of the XRP ledger to get a handle of their network traffic by optimizing & implementing better regulation of their network. People are obviously mis using the XRP network I don’t see this being much different than YouTube harbouring scammers. Maybe Ripple should step up their game before they are sued by the likes of YouTube.

    There should be a validation on-ramp before the general public can transact with the XRP ledger to validate a user/transaction first before broadcasting it across the ledger to mitigate rogue DOS transactions containing 0 value. 


  8. Bitcoin dropped a lot can you imagine if the value of bitcoin dropped to something crazy like $10 a BTC or even $100 / BTC what would the price of XRP be in that situation? I'm thinking negative value. XRP doesn't really have any value as XRP's value is solely based off the value of BTC. Maybe one day XRP will stand on its own and that's what we are all hoping for.


  9. Personally, I think Tiffany understands the measure for calculating value is no longer what it use to be. Since regulation has impacted the way XRP is valued there is no point holding XRP any longer. In light of this, she is exercising her exit strategy for a token that really holds zero value. David Schwartz has done the same, along with anyone else who really understands what’s going on with XRP. Good for them for being able to leave before this asset really plummets.


  10. What's confusing is Sporticus brings to the table what I've always feared and it makes the most sense out of anything I've read on these forums. But why is the news reporting all these positive partnerships to expand on XRP's utility if we are on the brink of something that's about to fail? I don't get why there is so much drama behind these dumb tokens, lets just get to the real story and enough with all the lies and exaggerations.

    Basically Ripple can be slapped with a fine for treating XRP as a security. Great! a slap on the wrist for Ripple the company. Now that's out of the way, XRP cannot be classified as a security in and of itself since it isn't owned and operated by any one company and cannot be labelled as a security offering unless someone positions it as such. Time to start moving forward to utility and beyond!


  11. On 2/18/2020 at 5:18 AM, DirectorCoulson said:

    I have seen hopeful predictions like 2000$ for 1 XRP.

    And another one 589$ 

    I hope thats true. So my investment can grow out from being -95% into + 1500%. Oh no thats the % gain i need to break even. 

    Rip my xrp value

    There is no real value in the XRP token itself except for crazy speculation. The token is nothing more than a digital foot print. The real value comes from the utility offered to the client / customer leveraging the transfer of value. Eventually we will be able to move funds freely without having to pay lots to do it. At the end of the day more money sits in your bank account! You have XRP to thank for this savings!

    This is very much like how SMTP works for email,  except for sending money. There is a cost to sending email but that cost is defined more as a priority bit, but no one talks about that because to send an e-mail is a lot cheaper than using a stamp and postal service. It’s also a lot faster too.

    All Ripple did as a company was reinvent the wheel of how email works by altering the transfer of data to tokenize any form of value instead of only a .RAW email file.


  12. For a true XRP evaluation of utility  I’m hoping XRP will stabilize round 1-2 cents. A lot of progress was made yesterday let’s see if we can keep this ball rolling, need to trim the fat!

    What we should really do is have everyone who owns XRP sell all around the same time forcing the price to 1 or 2 cents then we can all buy back in at a 1 or 2 cents. Level the playing field for everyone =)


  13. Guys the reality is we all have invested with the thought XRP would boom like BTC. Reality has already set in. We are all here hoping one day we will regain our initial investment. Let’s all be thankful if we can just get our initial investment back out and screw any profits. Lesson learned and time will tell. All the best to all of you.

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