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  1. Yeah it is summarizing the daily volume from the current date and going backwards to a total of 30 days. Every new day the oldest day drops off and the new day is added. I only did it that way because it is also how the "Liquidity Index" is calculated, but it describes how X is a function of Y, where X is volume and Y is volatility. But still the last 30 days are taken in to account. I can't provide any updates now, but I will look in to it later.
  2. The chart in OP isn't the volume but the "Liquidity Index". The sharp drop offs that yo are seeing is an effect of that the volatility of that day is increasing significantly compared to the previous days. (See https://docs.google.com/spreadsheets/d/1pZ2POpljERK-oV3rusaCmq58U2badn5i9WOCIP9Wtmg/htmlview# and compare the value in column I for the dates 9/16/2019 and 9/17/2019 for example). Personal i think it makes more sense to only track volume which is steadily increasing without any drops: See this post for more information:
  3. So I was looking at your google sheet, looking at your methodology for measuring the "liquidity index". Would you care to link to a resource which explain what that index is? I tried google but found nothing. It seems to me that it is trying to measure volume as a function of volatility. But the volatility is captured through the max and min price over the course of 24 hours. How is the measure of volatility over 24 h relevant for transactions which settles in a couple of seconds? Are you implying that the bitso volumes are directly affecting the price fluctuations of XRP over a day? I understand the concept of slippage on an exchange during settlement but find it hard to see the effects over such a long time period. I simply made a trailing 30 day volume summation in a copy of your doc and i thought the results were interesting on their own. So what I'm really asking is how would you explain the changes in the pattern between the above an below picture? Is the linear regression just noise or does it mean something? I don't intend to attack you in any way, i just found the chosen way to present the data curious. Hugely appreciate your efforts since I've been looking for xRapid or ODL volumes on my own without any satisfying results, but you sure did deliver with this post!
  4. Yeah I agree with you from a technical standpoint and of course i think that ILP and XRPL are technologically superior to Libra. But i think that these companies are looking at the opportunity from a more practical perspective, where Facebook of course could offer access to their user base which no other crypto could compete with. I really find it hard to believe that these companies would 1. change the conclusion of their already performed due diligence on the technology itself after joining the project 2. reach the conclusion at the same time But of course I do not know and it might all just be a tinfoil conspiracy theory
  5. Personally I don't feel too happy about this. I remember reading some articles about how different governments were protesting against Libra, I imagine because they are afraid of decentralized currencies. I imagine that the 4 leaving now, are doing so because of pressure from different governments. This speaks volumes about how much of an uphill battle is left before decentralized currencies may reach significant adoption. I would personally have been glad if Libra kicked in the door to widespread adoption, as i imagine it would have paved way for other currencies as well. Just my 2 cents
  6. Ok I’m quite alarmed by this topic. Is the software compromised? I’ve only ever used it on PC.
  7. Anyone found something with this script? I’m unfortunately not able to try it right now
  8. Agreed. Central parties, be it banks or Samsung/Apple/Google/Facebook, will still fill an important role should the crypto revolution happen. They are not going anywhere - but for the first time people can choose to not use them and still send value across the world, which of course is amazing, but most people will still choose a service provider which helps them with this task. What Ripple needs is to be able to help these central parties fulfill their obligations on AML, KYC and fraud prevention on a timescale which is lightning fast compared to today's standards. Good thing that the more the network grows, the more information is available and the better the analysis of these aspects should become. In today's AML, KYC and fraud prevention, each central party is its own island of information (even though there are some efforts of collaboration). In the future it will be absolutely necessary to be able to share information between all central parties in a network in some sort of distributed ledger technology...
  9. So today, basically every transaction within the banking system takes >=1 banking day(s). This slowness of the system actually gives an advantage when it comes to AML, KYC and fraud prevention, as it gives the banks time to react to suspicious transactions and potentially stop transactions. Also, the high fees of moving money at least creates a cost for money launderers to perform lots of transaction to obscure the trace of money. In comes crypto currency with virtually instant settlement, cheap transactions and world spanning networks. You bet that legislators are worried about the aspects of AML, KYC and fraud prevention. See for example this article, which tries to blame North Korea's weapons of mass destruction on money laundering and fraud through Crypto Currency (Like... really? I don't buy it). Any serious integration of a crypto currency to the world economy definitely need to provide a solution to these perceived problems of the worlds legislators. This was one of the main reasons I chose to invest in XRP to begin with, it is one of few crypto currencies with an accountable counter party on which the legislators can direct their legislative demands for AML, KYC and fraud prevention. Ripple will need to solve these issues with XRP before any serious adoption will happen, and it has to be some sort of machine learning solution with big data given the volumes and speeds the solution has to be able to intervene on. If Coinfirm is an appropriate solution remains to be seen, but a solution like it is absolutely necessary for adoption.
  10. Seems like you are contradicting yourself. “Micropayments will start in payroll, but because of current culture the model doesn’t fit.” However on the internet there isn’t a developed culture for payments. Both content creators and consumers would benefit from micropayments and neither group is content with the current model of paywalls or subscriptions. So why wouldn’t micropayments start there? I’m personally longing for micropayments in my leisure consumer activity.
  11. What is really interesting is what is the reactions from the market on moneygrams valuation. Currently up 100% https://finance.yahoo.com/quote/MGI?p=MGI&.tsrc=fin-srch. But also do note that the valuation was quite low to begin with. Anyway, with how sceptic institutional investors might be towards holding crypto assets, they prefer their stocks, i think the reaction in the stock market is more accurate in reflecting investor emotions on Ripples and XRPs potential. And I don't understand how a $30M investment translates to 8 - 10 % equity if current market cap of moneygram is $80M? Edit: Yikes, they paid $4.10 per share. No wonder the stock is up.
  12. Yeah no one likes paywalls, but that is why we have to support coil. Today coil is just another paywall, but it might become THE paywall. I think that most people don't like paywalls since it is complicated to make a payment towards each new corporation. It is matter of convenience, not that you necessarily don't like to pay for your consumption. It is also a matter of bundled consumption, that I have to pay a monthly fee to consume content from only one corporation. But if the internet agreed on one paywall standard with efficient transactions, and thereby eliminated the inconvenience and the need to bundle consumption, then I think that the potential to monetize content online would increase exponentially. I think that coil is aiming to solve these problems so why would you react to it as just another paywall? Surely no one would object to pay hodor 1 cent for every blog he writes - as long as it would be convenient to do so?
  13. Finally some value for my coil subscription... Now, don't go spending it all in one place!
  14. Imagine the fees of coinbase and visa combined though.
  15. Why would anyone want to maintain a balance of crypto on coinbase, only to be able to use this card? Am i missing something, does anyone see a benefit in having this card?
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