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Everything posted by bx549

  1. I don't think it's possible, and so I think this hacking incident may be used to debunk FUD when people claim that Ripple can reverse transactions. But I wanted some other opinions as I'm not the most knowledgable person regarding this stuff.
  2. Here is another article about the hack" https://cryptovest.com/news/bitrue-exchange-hacked-xrp-and-cardano-ada-stolen/ Here is a sentence from that article: "While the funds are relatively small compared to other heists, this time, XRP will have to show its capabilities in reversing transactions." Correct me if I'm wrong, but that is simply not going to happen. The exchanges can and should cooperate, but the transactions will not be reversed..
  3. I know ... it's happened to me before elsewhere . People thought I was lying but I wasn't!
  4. From what I see, zerpdigger's quotation is accurate. Maybe the article was changed and the update just hadn't filtered through (don't know what Ripple uses to host their website.) In any case, I agree that the tone of the statement is different between the two quotations, especially in this environment where everyone is wanting news.
  5. I don't know about TH, but the comment that DS made about Stellar network going down was the right thing to do IMO.
  6. Right. And I don't bash the companies in which I am not invested. The BTC maximalist hate is going to eat them up inside. Life is too short for that.
  7. I've been hanging on since summer 2017 ... I'm very patient too.
  8. Sorry ... really the article just struck me as unbiased with a conclusion that is based on facts (as opposed to so many biased articles). So ... just striking up idle conversation.
  9. https://bravenewcoin.com/insights/xrp-price-analysis-where-is-the-traffic Lots of history and factual information in this article, with a conclusion at the end that XRP price action is not based on remittance business. I think most readers of this forum knew that anyway. Maybe in another year?
  10. I have the very same opinion. I hold some ADA, but not like XRP. To be completely honest I purchased some ADA because the system is written in Haskell (I know it's a dumb reason, but the Cardano team looked good). Also, if the Ethereum team messes up when they move to POS then Cardano may in a good position.
  11. "the entire network went down but because it isn't frequently used, few noticed." That surprises me just a little. Hmmm. I think if the XRPL went down for two hours people would notice.
  12. Thanks for posting this detailed explanation. One FX company that would benefit (I think) from Ripple is this http://paylinebyice.com/ I use this company, but I have yet to see any hint that they use Ripple.
  13. Don't give up! I enjoy your posts. It's a good discussion.
  14. By *order* I'm guessing they meant that miners prioritize which transactions get included into the next block (the ones that pay high transaction fees). Regarding the chronological ordering of the transactions, the block height is the timestamp... that's why you have to wait until a transactions is 6 blocks deep for it to be considered as confirmed. The blocks are Bitcoin's solution to chronological ordering.
  15. That's right. The transactions are included in the block that is trying to be created, then the hash is found. The nonce and some other header data are changed to find a hash that is below the target value. But it is nitpicking just a bit ... the spirit the censorship argument is there.
  16. XRP, XLM, and NEO are the three that I know about. Are there any others that people are aware of? Thanks.
  17. i followed you until this point. By "dealer" do you mean Market Maker? Isn't this where MMs step in to take advantage of the expected flow from EUR to USD?
  18. The comments from the XRP skeptics are so toxic. What's the deal? I mean, I think Dentacoin is a scam but I don't waste time making comments about it. I'll tell you something: I know full well that there are no guarantees with XRP, but I have to believe that Ripple as a company wants XRP to succeed and that they are not just using it for funding. I'll tell you something else that doesn't make sense to me: I see people saying that they would invest in Ripple if they could, but they would never buy XRP. What? So they would invest in a company that they believe is lying to the public about their intentions with XRP? That doesn't make sense to me at all. I think the toxicity is just part of the new world culture. I don't like it.
  19. I sense a change. Brad is a little more vocal lately.
  20. Can someone say what problems could arise? For example, from the perspective of the average Joe that opens a trustline with Allvor. Suppose Joe doesn't really "trust" Allvor but wants the free ALV tokens. What could go wrong? Asking for someone else, not me
  21. I can't either. Ripple is not on their portfolio page and there is no search function.
  22. I get your point, but when those first rounds of funding were taking place in 2015/2016 Ripple didn't have the customer base they now have. They were swinging for the fences (and still are actually).
  23. I totally agree. Also, the more I understand the different consensus mechanisms, I'm convinced that dBFT is (currently) the best model. The settlement (finality) is instant and the computational resources required are (relatively) low. The trade-off made for that (in the form of trust) is perfectly fine with me.
  24. It's Memorial Day Weekend here in the US and it's common for people to hang out, drink beer, and what-not. So as I'm doing this I'm talking to my neighbor (who is a really nice person) about crypto and he says "Dude, you need sell that XRP and buy lots of other coins. Did you know that XRP is CENTRALIZED and that it's controlled by a single company?" Oh boy, sigh. I just didn't have it in me to engage deeply in this conversation. So I took a different tack .. without refuting what he said I just made some points : Yes Ripple is working WITH banks and FIs and that's a good thing. That's exactly why I like it and so on. Ugghh. The FUD is deep out there.
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