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Scout

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Everything posted by Scout

  1. Would be interested to know what is saving the price of XRP without any speculation but just cold hard facts.
  2. Has any Xpring project been successful so far?
  3. Actually there were strong references by the Ripple executive team in the Ripple drop 17 that said things could really start taking off by central banks in about 5-10 years from now. They kept mentioning we are still in the very early stages. The only thing that moves XRP's price would be Global Mass Adoption. A single entity or business will have no significant impact on price.
  4. The problem with fair value for XRP is that everyone can use XRP but no one really needs to hold it for any length of time. You buy to sell it, to bridge to your currency of exchange. MoneyGram is a perfect example of this. XRP was designed for high volume, quick exchanges of value catering to Exchanges and Banks not speculators and investors. As things unfold you can see the truth reveal itself. The only way I can see XRP's value increasing is if the demand out weights the supply per month and the Ripple net caves under pressure then value would increase as things would get buffered and gradually slow down. We've all seen what happens to Exchanges when volume ramps up. Exchanges crash, services go down and things stop working. All software has its limits, it will be interesting to see what the limits are for RippleNet once things start flying.
  5. Yea Brad Garlinghouse was not kidding when he said all digital assets would go to 0.00. XRP might just be the first one there. Damn, kinda wish I didn’t buy in so early. Late is the new early.
  6. This also depends what country you live in. Some of these exchanges only deal with US residence only. Need to trust and find an Exchange that supports your currency and or country with decent rates. Like finding a needle in a haystack. Good luck! Everyone tries to take your money not give you money.
  7. I think they went bankrupt. Omni was one. Can't make money by offering free services.
  8. One minor detail you are leaving out. While Banks don't need to hold XRP or use it the payments do. This is a key difference. xRapid, for example, doesn't require banks to use XRP. The liquidity just has to be there. - Joel Katz Market makers provide liquidity. Banks provide volume. XRP isn’t marketed to banks. -Tiffany Hayden Guys don't lose hope I have a feeling we are on the verge of something great!
  9. I'm definitely not trying to start a heated discussion. However, an IOU doesn't exactly burn XRP does it? These transactions were the transfer of value from one account to another which was causing XRP's to be burnt in the process. Doesn't that constitute a buy and sell when the value is transferred to someone else's account?
  10. This was a perfect example of transaction volume having zero impact on price.
  11. Can you imagine what mass adoption will bring to XRP now that we have more Corridors open and the price is .21 cents. I'm guessing .08 cents! Hang toit!
  12. Man this is must be making the Moneygram stocks soar to new heights!
  13. There we have it. The digital asset investor did a video indicating that the fair market value for XRP is .72 cents. Now there's a metric for calculating utility value of a token https://www.coinfairvalue.com/coins/ripple/ Stay positive people things are looking up!.
  14. Our precious token is falling. The XRP Army must unite and all pump Bitcoin to save our XRP token from this wrath of destruction!
  15. Now maybe a good time to short and buy back later. We are free falling.
  16. At least he is honest. Everyone just needs to be happy if we see a stable $ 3 token down the road. Most XRP holders are dreamers.
  17. No one is really using XRP to scale, except for speculators. Keep holding your bags! Everyone is banking on the switch being flipped one of these days. Maybe 2020 will be that year.
  18. (IMO) XRP shouldn't be inferred that it is comparable to a stock. The staff all probably know not to make an investment out of XRP, when they can actually buy shares in the company being a way more profitable and stable investment. XRP is a utility, not an investment vehicle. If you want an investment opportunity buy shares into the companies that invest into XRP and not the asset itself.
  19. Don't get too excited this isn't an XRP pump. This is a BTC revival boosting everyone. Probably brought on by the institutional investors into BTC. Crazy BTC volumes right now. If XRP ever pumps it will be really obvious.
  20. Well said, I guess time will tell once things really start ramping up to outweigh the speculators. But how do we know that 99% is speculative trading?
  21. Exactly, a flash crash just happened with BTC and XRP drops in value harder. Kinda means this chart doesn't mean much for supporting XRP value. I wouldn't get too excited. Just more propaganda in hopes to drive speculators. Whatever drives the price and value of XRP no one has seen since December 2017.
  22. We are living in the best run of 2019 !!! Almost climbed to .30 cents and falling back to .21 cents! Exciting times! We are approaching the start of a head, shoulders, knees and toes pattern on the double Big Mac 15 day moving chart. Don't forget to S.H.O.R.T immediately after Swell to take even more profits! Now I sound like every crypto trader out there. Anyone hungry for more?
  23. Scout

    SWIFT again

    Do you think anything points to using the XRPL ledger for this settlement process? Doesn't necessarily need to go through Ripple as other companies can leverage XRP independently.
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