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Scout

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Everything posted by Scout

  1. Which would conservatively place us at $135 in 2021 / XRP...
  2. https://dailyhodl.com/2018/09/10/royal-bank-of-canada-says-ripple-and-xrp-can-save-financial-institutions-46-per-payment/ I thought X-Rapid was more cost effective than using other Ripple software solutions (X-Current). Which was the incentive for Banks to switch to X-Rapid for further cost saving measures. However, according to this article it states: "The June report also states that Ripple, with or without XRP, can save banks an average of 46% per payment."
  3. https://ambcrypto.com/ripple-xrapid-moving-to-production-later-this-year-says-cory-johnson-exchange-partnerships/ According to Cory Johnson’s statements, the xRapid product will be moving to production “later this year” as opposed to its current testing phase. David Schwartz, the CTO of Ripple also spoke about the move, stating: “And, in case you didn’t know, xVia can initiate a payment that uses xRapid to settle with XRP.” “xVia is for payment initiation, like a browser for the internet of value. xRapid converts currencies on demand through XRP liquidity. That pipeline can settle payments initiated elsewhere.” Hang toit! Sorry, I just realized that someone else had beat me to it. I posted this because I thought I was the first but there's a similar conversation already here:
  4. This is more along the same lines. https://dailyhodl.com/2018/08/15/ripple-on-china-and-xrp-targeting-1-3-billion-people-for-cross-border-payments/ It's interesting, Ripple's software appears to perform well without the need of XRP. Perhaps this is where Cobalt and Codius can come into play? I have a feeling Ripple will ironically be a late adopter to XRP for use in XRapid likely because Countries & Banks are skeptical about using cryptocurrency for Fin-tech. Once regulation has a grasp on the technology, everything should fall into place and trusts can be established to move this utility into production. For now, here's hoping that Codius can kick start things sooner than waiting on Banks to make their first move.
  5. I believe 95 percent what Bill Harris said except for his opinion on people won't use XRP. I too believe Bitcoin is a dying technology. Like the Napster of music download clients. However, the overall angle I got from the video was he was a firm believer that an alternate Fin-Tech Crypto will be very successful in doing what Bitcoin can't. Hello!!! To me that spells XRP! This video IMO was totally supporting "The Internet of Value" XRP and the future direction of crypto. Bill Harris I salute you - I HODL XRP !
  6. Just for the record when XRP goes down I see it as an excellent opportunity to stock up. I'm invested in XRP because I believe in the technology, the direction it is heading and the people who are running the show. I would never sign up for that lawsuit because that would be two faced and not faithful to the product or the company I support or believe in.
  7. "Rosen Law Firm, a global investor-rights law firm, in its recent release, has said that it is investigating whether Ripple Labs, Inc. violated federal securities laws in connection with the sale of Ripple’s XRP tokens, also known as “Ripples.” https://coingape.com/ripple-xrp-again-legal-trouble/ The firm has also asked investors who have purchased Ripple’s XRP tokens to visit the firm’s website and join the class action. Join Rosen lawsuit This doesn't sound like it will end well. But the truth will set you free!
  8. Well it's true. If you visit https://www.stellar.org/ their slogan is: "Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost." I'm curious why such a smaller company can keep pace with Ripple? Even if Stellar has IBM backing them Ripple has a **** load more resources to throw around. Makes me wonder what's taking Ripple so long to finally release their product when they are supposedly so much further ahead. Sure seems like a pretty close race. Anyway, my bet is with XRP !
  9. http://www.cryptoglobalist.com/2018/07/26/is-ripple-xrp-xrp-centralized-validator-numbers-prove-otherwise/%3famp
  10. https://www.ccn.com/cftc-does-not-regulate-retail-crypto-markets-chairman-chris-giancarlo/amp/
  11. I don't think this is accurate because the SEC ruling has to occur before the court ruling. It's not up to the courts to decide whether Ripple is using XRP as a security or not. Maybe they are just waiting for more lawsuits to come in, so they can get them all over with one hearing and come down hard on those who are suing! I am finding it extremely difficult to find any court date information on any of these lawsuits. As well R3 lawsuit was suppose to resume in July. Nothing mentioned this month anywhere so far about the details of that trial.
  12. What I mean is if there wasn't any doubt that Ripple wasn't a security, I doubt it would have dragged on for this long. Obviously someone has a good case against Ripple and it's causing a lot of friction. The fact that Ripple called their token Ripples and XRP shared the same logo as their company probably not a great way to start. Don't get me wrong, I want to see this protocol do well but I think someone should get their hand slapped.
  13. The more Ripple denies XRP is being used as a security, the more evident it was a security. If Ripple was honest about it they would have been clear from the start which they obviously weren't. If anything, this shouldn't effect XRP as much as this SEC ruling will affect Ripple.
  14. Almost flew under the radar. https://globalcoinreport.com/xrp-captures-50-of-india-crypto-market/
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