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Rey

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Posts posted by Rey


  1. 1 hour ago, LordVetinari said:

     

     

    This is part of their problem and why it's not beneficial for WU to implement something like xRapid. They have so many brick and mortar locations, kiosks, and collocation deals. Along with employees at each location. 

    Solutions like xRapid don't really affect their business model. They have cash at each of these locations and most transfers are done internally on their own rails and ledgers. 

     

    8 minutes ago, Julian_Williams said:

    yes - this is the "no passenger shipping line ever set set up an airline" problem.  The Shipping lines had it all sussed.

    LOL, yep, agreed ... right now they're not equipped to meet the requirements of the Millennials, so they're trying to buy time ... probably won't work ...

    Hey guys (i.e. WU), wake up ... there's a paradigm shift in the air ... so you don't cope? OK ... next ! :biggrin:


  2. 50 minutes ago, weex123 said:

    It couldnt be the computer, only used it on a computer which was bought for this purpose only, installed new windows on it with Bullguard sec set to extreme. Never downloaded anything or went on any websites before plugging it in ever. Contacted Ledger to see, what they have to say about it. I do believe if they find the device to been tampered with, and me having persons username should be enough to trace him down / address etc/

    Best of luck @weex123 I hope that they will be able to help you.


  3. 9 minutes ago, weex123 said:

    I know my fault, but to be fair after reading how ledger works and their statements, I was very fairly confident no one could get in my account, as long as I had a new seed.

    Obviously the device, the software on it and/or your computer/mobile device were tampered with. Unfortunately right now we can't tell what exactly went wrong.

    So I agree, as others already said before, maybe ask if Ledger would be so kind to look into your case.


  4. 4 minutes ago, weex123 said:

    Yep. 

    I do now believe that ledger is definitely not 100% "secure and tamper-proof" like they claim. Just a marketing term to sell more.

    Hey @weex123 I'm sorry to hear that you have this very bad experience and I really hope that things work out for you, even while there doesn't seem much hope.

    That being said I really don't think it's fair to make a statement like you just did, while it's YOU who bought a device from an untrusted source.


  5. 9 minutes ago, XRPSlovenia said:

    Circluating supply reduced for cca 164mio according to CMC... is this normal? 

     

    5 minutes ago, mistatee2000 said:

    Not seen that before

    Well, not long ago about 200M was escrowed in chunks of 5M. That action also reduced the supply as showed by CMC.

    You're right, since today CMC seems to show a lower amount. 


  6. 5 minutes ago, hallwaymonitor said:

    I'm proud that you could figure out by yourself that XRP is used as an example in the article (the same thing as before). I added more context in my post. My intention was not hype about this. My jets are stone cold already.

    Don't worry @hallwaymonitor You only mentioned facts wrt the article and you posted the link. Considering the topic of this thread the article is relevant and anyone who wants to know more can just read it. So I really don't understand the response of @TheXRPer 


  7. 2 hours ago, moey91 said:

    On day 12 the Quadruple Witching.

    Quadruple witching refers to the third Friday of every March, June, September and December. On these days, market index futures, market index options, stock options and stock futures expire, usually resulting in increased volatility.

    This event sounds more interesting than all of those Coinbase events together ...  


  8. 2 hours ago, baobeiiiii said:

    Funds will come from an agreed buyout of my stake in a property to a family member. No debt, the buyout is large and only going to invest a small bit of it in crypto. 20k xrp... but if the price is much higher in March then it'll be a really hard decision. Having 10k XRP or less just doesn't seem like a worthwhile investment. Of course if it goes up then every dollar (pound in my case) is multiplied by the gain, but the higher the price of XRP the smaller that multiple factor is.  

    0.1 to 10 is much more likely than 1 to 100. The multiple there is HUGE, but it's still infinitely more likely with the first range than the second range. If anyone disagrees with this logic, interested in your reply.

    The size of my investment is such that if XRP fell i'd never sell, and I don't mind hodl for 5 to 10 years. It's a 'punt' as we say in the UK. Such a punt in almost every altcoin pre early '18 would have had a credulous return (even doge coin) but now that the cat is out of the bag and prices are still high compared to pre-boom, it is unlikely. 

    Ok, I'll add my XRP 0.02:

    * Only invest money that you can afford to lose.  May sound like a cliche, but still many people seem to succumb to this pitfall.

    * Don't borrow money to invest in digital assets. Even though the fundamentals seem better than ever, it's still a very high risk investment.

    * DYOR and only invest in an asset that you really trust. I trust that XRP serves several major use cases, I trust the Ripple team and I trust their strategy.

    * DCA your purchases as well as your exits. In the long term this often works better than trying to time the market.

    * Make an exit plan based on your own goals and on the price levels that you think are achievable. I plan to first take out my invested money, and a premium for interest, taxes and a little extra (app. 12%-15% of my stack).

    * Early this year we saw ATH at app. $ 3.65 That price was based on speculation alone. As we still seem to be in a very, very early state of the crypto market, I really think that we will see much higher price levels, though there's no guarantee and no fixed timeline. So I would probably still buy @ $ .50

    * We all have different preferences and ideas. I'd consider 20,000 XRP and 10,000 XRP nice investment stacks, certainly not something to look down at, though it depends on your own expectations.

    Good luck and I hope that your decisions will work out fine for you.


  9. 1 hour ago, Ripple-Stiltskin said:

    Slowly but certainly this thread is transforming into the Zerpening 4 .

    Preview

    Zerpening 4  The booming

    Starring: a chicken, a wookiee,  Denzel DiCaprio (or is it Leonardo Washington?), a bipolar bear , a shiny metal (yeah, yeah Platinum Plus) bot, some muppets, cartoons and  much more ...

     

    Soon in a theathread near you ...

     

    spaceshuttle2.gif


  10. 22 minutes ago, 2ndtimearound said:

    Well I once held 6 figures of XLM.  I only hold XRP now because of the size of utility volume that's looking to come through XRP and the sheer number of partnerships - especially if you count R3's client list (which has got me buying XRP again).  I think XLM is a riskier investment...it relies heavily on IBM delivering something.

    Put it this way - the problem Ripple and R3 have now is not demand, it's supply.  They have WAY more demand than exchange books can handle...lack of liquidity on the supply side.

    Agreed that XLM is a riskier investment than XRP. Can't remember IBM having announced that they will use XLM full blown in their products and services ...

    LOL, that second statement sounds a bit ironic ... looking at the current order books and current price level you wouldn't say that supply is a problem ... I understand your statement, though and yeah, Ripple is working hard to solve the liquidity problem.


  11. 4 hours ago, panmores said:

    In what ways does Corda compete directly with the Ripple Ledger and RippleNet solutions?

     

    3 hours ago, LordVetinari said:

    In simple term, I would imagine it's no different than two restaurants that use beef as a raw ingredient. Both must prepare and present their finished product to customers.

    I can't give Corda or RippleNet specifics because I'm not knowledgeable enough but xrp would be a raw ingredient. Ripple and R3 serve it up and if it satisfies the customer, that a successful sale. 

    Though the two solutions overlap to some extend, they don't necessarily compete directly.

    Corda is designed as a permissioned  private blockchain solution that targets the R3 members (mostly enterprises in the financial sector, some ICT suppliers and some regulators). It's designed to support specific backend processes between a restricted number of consortium members (think smart contracts and sharing sensitive data between trusted R3 members). The consensus only involves the parties needed for validity and uniqueness of the transaction. It wasn't designed for cryptocurrencies and it doesn't have a native DA.

    Corda now has a settlement rail for XRP, so that R3 members can actually settle payments with each other in XRP. In this case XRP is the actual asset used for payment, not the bridge asset like it is in the case of xRapid. 


  12. 7 minutes ago, Mr_Cambridge said:

    Jed McCaleb and XRP? 

    To me, this is a non-issue. 

    1. He has selling restrictions.

    2. R3 and Ripple must have this figured out by now. These people aren't speculators. They know what they are doing. 

    3. Jed's a very smart man. He may not want to be a billionaire, but it's inevitable. 

    Do good with it Jed. Help the poor and suffering. 

    Case closed. 

    To me Jed and XRP is an issue though not a decisive one.

    1. As said before even though there are selling restrictions, if you add up the sales of Jed, the programmatic sales of Ripple, possible sales by early whales, possible sales by charities that got XRP donated , all that might have an impact.

    2. Sure R3 and Ripple probably know what they're doing. Though that doesn't mean that their goals are the same as ours or that their strategy serves our interest best. That being said, yes I do trust that Ripple's goals and their strategy currently serves our interest nonetheless.

    3. LOL, I recall this quote from David Schwartz regarding Jed on Quora: "He will probably be the only person to become a self-made billionaire despite his best efforts." 

    https://www.quora.com/Why-did-Jed-McCaleb-leave-Ripple-to-start-Stellar


  13. 1 minute ago, Caracappa said:

    I got your point, did not insinuate any timeline.

    Because even in the early days, ditching your brand new network and starting all over is a bad signal for any (future) investors. It shows you can, and most of all are willing to do it if things happen the company doesn't like at any moment.

    So no, build the network, don't ditch it at any moment (unless it breaks somehow and can't be fixed... but that would signal game over anyhow).

    This. Trust comes on foot and leaves on horseback ...


  14. 2 minutes ago, AlibabaGrp said:

    I was talking about 2012 when XRP wasn't even a thing, no partnership or whatsoever, that's when they freshly started, jeez why are you so slow... Monkey would have got the point of my massage 

    Jed left his active role with the company in July 2013 ... the deal with Ripple dates from 2014 ...

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