earth reacted to ADingoAteMyXRP in Western union offers to buy moneygram
Not surprisingly, the anti-Ripple conspiracy theory that WU is buying their biggest competitor solely to shut it down has only found footing in General, thanks to a small handful of known (possibly paid) trolls.
Yes, companies sometimes buy other companies that eventually are shut down, but it’s rarely if ever intentional. https://www.quora.com/Why-do-some-companies-buy-other-companies-only-to-shut-them-down-soon-after-not-even-competitors-Examples-are-Amazon-Shoefitr-and-HP-Palm
If a sale happens, which is just a rumor today, the people, process, partnerships and technology will be incorporated. That’s what WU will be buying.
WU balked at the cost of implementing Ripple early on even though it would be much cheaper once back office had been cleaned up... now they are well behind (as evidenced by the CEO’s panicky onstage reaction to Ripple — “We can do a deal tomorrow!”) Now WU doesn’t have the level of new partnerships we’ve seen with MG. Their networking is slowing because new deals are being made over RippleNet which they aren’t a part of yet. They realize it’s a marathon they haven’t started running and they need to catch up fast or risk what happened to the record labels.
They still have a chance to buy in which is what they’re trying to do. I have a feeling MG board will refuse to sell.
earth reacted to Jotaro in Anytime soon
If you want to tell people it's time for take off, this is the correct way to do it, which is Back it up, not to remain secretive/pm/showing a Deer avatar.
I dont need you all to request pm, here's my take, no you dont have to send me 1,000 xrp and i wont send you 100,000 xrp back either.
Some lifeform pm-ed me here's the stages of progression:
1. under the descending trendline for 1 year
2. started to use the descending trendline as support in the 2nd year
3. lift off
and look where we're at now in the pic below:
earth reacted to Eric123 in Epic Pennant on BTC Chart
Halving less than 2 Weeks away.
Bitcoin had it's 7th green day in a row yesterday, I thought the streak would break yesterday but, no, maybe today. I'm still waiting on a big up day on big volume to happen.
XRP is making a decent move up 5%
@Caracappa in 2017 XRP moved for it's own reasons (the escrow) independent of the rest of the crypto market until it eventually got caught up in the parabolic run. IMO Bitcoin will drag XRP along, but XRP can start running at any time even if Bitcoin remains flat.
earth reacted to TheRippleWrestlingInvestor in Just wanted to say Hi an..
Just wanted to say HI ALL!
I can't believe I didn't know about this site..
I wanted to say hello under the new memebrs fourm can't wait to get into some XRP info on here!
Will be showing off the site on the TV and day time news show (Prime Tyme XRP) & (Day Tyme XRP) we need to share tr his knowledge to all the new community membersthat doesn't know about this site!
STAY SAFE and STAY HEALTHY!
The Ripple Wrestling Investor
earth reacted to Cesar1810 in Epic Pennant on BTC Chart
I have been here for about 3 years and the truth has never before seen everything so calm (off), I do not know if it is good or bad.
I think that many people who invest do not have very well developed patience. a real problem.
thanks eric, alejo moreno, julian William, etc. for contributions to the forum!
greetings and hold
earth reacted to ADingoAteMyXRP in xpool apparently did exist.
Ripple renamed all of these products. They didn’t abandon their strategy, because it’s obviously working. ODL is expanding and now consistently transfers $10M+ every day during the week.
There are trolls on this site attempting to deter you from buying and posting bad faith lies.
earth reacted to WrathofKahneman in xpool apparently did exist.
Nothing has changed under the hood. Their marketing strategy improved, though. ODL is xVia interfacing xRapid, with messaging by xCurrent. Too many moving parts in their press, so they simplified and said, "Join Ripplenet and if you want, we can give you liquidity on demand, too." It's a better elevator pitch.
The context of that tweet above suggests David Schwarz was opining that Ripple could not wait for the tweeter's friend's software to come out in 2021. As of 2018, Ripple was in a hurry to gain adoption, not wait for Zillow in 2021. I do think the next 2 years will be very important. The dynamic increase in existing daily ODL volumes and looming new corridors are adding exciting real world use.
Also, fwiw, xPool only existed as a trademark, and perhaps, existentially as an idea. We still have no record of implementation, correct?
earth reacted to Z3NInvestor in We're in 2016
Prices will gradually dip towards the halving which will have slow effect on price initially but have gradual increase for the rest of the year. By the beginning of 2017 we'll see previous highs reached. Then rocket launches for the rest of the year. Huge selloff towards q1 2018.
earth reacted to Eric123 in Epic Pennant on BTC Chart
Alright we are less than a month away from the halving.
Bitcoin's price has been following down the Plus Token Trendline which has been acting as support. Almost got the break out to the upside I was looking for yesterday but there was not enough volume. as is usual for a the weekend. I am still expecting a big green candle to break us above the 50 Day EMA. I will pick up some more this week as I see the price rallying prior to the halving with a pull back after. The price may follow the trend line down further for a few days but I don't see it breaking support unless something significantly bad happens.
earth reacted to LittleLordFauntleroy in Charting the course of XRP
Man, Molten deleted his account. And Dr Ed has been MIA for months now as well... True bummer.
But I can understand why. The trolls in here are outrageous. I hope they're getting paid well, just to tear down the well-intentioned work of others.
Ed, Molten, hope you're both doing great if you ever read this. And **** the trolls.
earth reacted to Ripple-Stiltskin in Epic Pennant on BTC Chart
FYI: or skip if it is TLDR
Goldman Sachs hosted an Investee call where 1,500 companies dialed in. The key economic takeaways were:
50% of Americans will contract the virus (150m people) as it's very communicable. This is on a par with the common cold (Rhinovirus) of which there are about 200 strains and which the majority of Americans will get 2-4 per year.
70% of Germany will contract it (58M people). This is the next most relevant industrial economy to be effected.
Peak-virus is expected over the next eight weeks, declining thereafter.
The virus appears to be concentrated in a band between 30-50 degrees north latitude, meaning that like the common cold and flu, it prefers cold weather. The coming summer in the northern hemisphere should help. This is to say that the virus is likely seasonal.
Of those impacted 80% will be early-stage, 15% mid-stage and 5% critical-stage. Early-stage symptoms are like the common cold and mid-stage symptoms are like the flu; these are stay at home for two weeks and rest. 5% will be critical and highly weighted towards the elderly.
Mortality rate on average of up to 2%, heavily weight towards the elderly and immunocompromised; meaning up to 3m people (150m*.02). In the US about 3m/yr die mostly due to old age and disease, those two being highly correlated (as a percent very few from accidents). There will be significant overlap, so this does not mean 3m new deaths from the virus, it means elderly people dying sooner due to respiratory issues. This may however stress the healthcare system.
There is a debate as to how to address the virus pre-vaccine. The US is tending towards quarantine. The UK is tending towards allowing it to spread so that the population can develop a natural immunity. Quarantine is likely to be ineffective and result in significant economic damage but will slow the rate of transmission giving the healthcare system more time to deal with the case load.
China’s economy has been largely impacted which has affected raw materials and the global supply chain. It may take up to six months for it to recover.
Global GDP growth rate will be the lowest in 30 years at around 2%.
S&P 500 will see a negative growth rate of -15% to -20% for 2020 overall.
There will be economic damage from the virus itself, but the real damage is driven mostly by market psychology. Viruses have been with us forever. Stock markets should fully recover in the 2nd half of the year.
In the past week there has been a conflating of the impact of the virus with the developing oil price war between KSA and Russia. While reduced energy prices are generally good for industrial economies, the US is now a large energy exporter, so there has been a negative impact on the valuation of the domestic energy sector. This will continue for some time as the Russians are attempting to economically squeeze the American shale producers and the Saudi’s are caught in the middle and do not want to further cede market share to Russia or the US.
Technically the market generally has been looking for a reason to reset after the longest bull market in history.
There is NO systemic risk. No one is even talking about that. Governments are intervening in the markets to stabilize them, and the private banking sector is very well capitalized. It feels more like 9/11 than it does like 2008.