dazlightyear

Member
  • Content count

    77
  • Joined

  • Last visited

  • Days Won

    2

dazlightyear last won the day on September 20 2016

dazlightyear had the most liked content!

1 Follower

About dazlightyear

  • Rank
    Member
  • Birthday
  1. Those who make it to the end will be rewarded with some top tips.
  2. Ripple is very well funded even without taking XRP sales into consideration. They have suggested that they will be holding 50B XRP in 2021, which would mean selling/distributing 2 to 3 hundred million every month. At current XRP value this will raise around 1.6m USD for Ripple and Ripple related projects every month. Recently they have been distributing significantly more than their average run rate, without having too serious an effect on XRP price. This is a bullish indicator. It could mean partners are rapidly being onboarded. It could also mean that Ripple will distribute less XRP in the run up to 2021 in order to stick to their target of 50B. This indicates that they are anticipating a rise in the value of XRP such that they will need to sell less to fund operations as we get closer to 2021. There is no freeze on the 50B. Ripple's statement about holding 50B XRP in 2021 is 'indicative and discretionary'.
  3. That makes 3 of us. I'm convinced that this crypto thing has only just gotten started. I've got one leg in the XRP boat and the other in the ETH boat and I'm now just waiting for the crypto tide to rise. Both discovered real use-cases and are are far ahead of their closest rivals. Both have marketcaps far below that of BTC and so have plenty of room for growth. Don't get me wrong, I'm kicking myself for not selling my ETH two months ago so that I could buy back in now. However I've always been playing the long game. zkSnarks is big for ETH. Bitcoin maximalists have long whined that ETH isn't meant to be a currency, however zkSnarks make it a better one than BTC. That doesn't mean I'm down on BTC. I think as the first crypto it will continue to fulfil its niche as a digital store of value.
  4. Wrong way round. GCB is making everyone rich just as advertised. In Glorious Coin we trust.
  5. Actually, it looks like Ripple wasn't involved: http://www.econotimes.com/Emirates-NBD-and-ICICI-Bank-partner-to-announce-pilot-blockchain-network-for-banking-345093
  6. Aha I see that shekenahglory mentioned that charts are ranked algorithmically in the other thread.
  7. I deleted my my cache/cookies and don't see GCB in the list, but I do still see GCB/CNY as one of the charts on the RippleCharts home page. I was always under the impression that these charts were selected manually rather than algorithmically...
  8. Oh you mean R9Coin gateway! http://r9.gloriouspay.com/ I highly recommend it for trading JUD against ZDK: https://charts.ripple.com/#/markets/JUD:r9qouqdcygAWyoFGPxwMN3LoJkpHJHoCBd/ZDK:r9qouqdcygAWyoFGPxwMN3LoJkpHJHoCBd?interval=1h&range=3m&type=line
  9. Well these were the IRBA requirements if anyone wants to go about maintaining a list of compliant gateways: The IRBA requires that its member gateways publish public disclosures including the following: 1. Corporate address and business registration number 2. Email and phone contact details 3. Names of all officers 4. Know Your Customer requirements for the gateway’s jurisdiction(s) 5. Deposit, withdrawal and transfer fees 6. Declaration that the gateway is in compliance with existing local regulations and laws IRBA also recommends that gateways follow these best practices: 1. Provide banking partner details (private but verified) 2. Site protected with a valid SSL certificate 3. Segregated accounts for customer deposits and frequent balance updates for all assets in custody (fiat, crypto, metals, etc.) 4. Customer service that is responsive within 24 hours
  10. There used to something called the International Ripple Business Association, IRBA. Certain best practices and disclosure standards had to be met in order to become a member. However, since the IRBA was established it became clear to Ripple that they were going to get better traction by going after the banks rather than trying to grow an ecosystem of independent gateways. As a result the IRBA disbanded. You can read more about the IRBA here: https://ripple.com/insights/international-ripple-business-association-relaunches/
  11. Hopefully no one has converted all their XRP to GCB just yet: https://translate.google.co.uk/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fbbs.tianya.cn%2Fpost-828-1365084-1.shtml&edit-text=&act=url
  12. The page I linked to was a tutorial by the GCB coin group. So far as I can tell GCB coin is a Chinese get-rich-quick, OneCoin kind of scam. Their Facebook page makes many references to OneCoin. That said, there could be much more to it. I was hoping that confidence in Ripple and a view that XRP might appreciate was the driving force behind the increased account creation rate. However it instead appears to be driven by a view that GCB will appreciate. Edit: Just did a bit more digging and found this document which supports the view that GCB coin is a scam: https://translate.google.co.uk/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fbbs.tianya.cn%2Fpost-828-1365084-1.shtml&edit-text=&act=url
  13. I just checked accounts created by time of day by setting the time period to one week: https://charts.ripple.com/#/accounts Fewest accounts are created between 6pm and midnight BST, which translates to 1am through to 7am CST. Does indeed look like the new accounts are coming from China.
  14. My hope is that this is not the method by which all the new accounts are being created: http://test49.radar.af:1000/r9wallet.pdf
  15. https://drive.google.com/file/d/0B7_CotahwrhhZFZLbk5zcFBlR0k/view