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  1. Personally I don't see XRP above $1 before year end, I'm expecting slow and steady growth and I don't think the bear market is over yet. I still find it so completely hard to believe that some people think $589 before year end is possible. I truly believe great things for XRP but it will take longer than most think. What will all these $589's do when it doesn't happen before end of year?...
  2. Here's a little more information on the IIN that JP Morgan have been developing. This is from 2017, pretty much a year old. https://www.jpmorgan.com/country/GB/en/detail/1320562088910 It states; "Royal Bank of Canada and Australia and New Zealand Banking Group Limited are the first two banks to join IIN, representing significant cross-border payment volumes. Other correspondent banks are expected to join in the coming months. IIN is powered by QuorumTM, a permissioned-variant of the Ethereum blockchain, developed by J.P. Morgan. Quorum’s focus on privacy enables secure data sharing via IIN." I still find this worrying as they mention the Royal Bank of Canada and it has nothing to do with Ripple or XRP. It is stated that it runs on the Ethereum Blockchain.
  3. It was just the names they used TransferWise were deffo a Ripple Customer and Santander (I was hoping) were going to be a big customer after the xCurrent product they use with their mobile payment app. Just have to see where this goes. And I wasn't thinking about nostro/Vostro so you are completely correct, this is an xCurrent "wanna be".
  4. Sounds like they are calling out Ripple directly to me... “If you look at it (IIN) terms of what blockchain applications are live, there are very few and most of them are either in pilot or proof of concept stage,” said Umar Farooq, head of blockchain at JPMorgan. “This is the single biggest.” I knew Quorum was being built and implementated in the background but I didn't know it was a direct competitor to Ripple and their xRapid product. Did anyone know how far along they were with Quorum? I guess that puts to bed the whole JP Morgan and Ripple partnership!
  5. I can... Quoted directly from source; ft.com More than seventy-five of the world’s biggest banks are turning to the blockchain to fight the threat of new payments rivals in what will be the regulated banking industry’s largest application of the distributed ledger technology underpinning cryptocurrencies. More than seventy additional banks, including Société Générale and Santander, are joining the Interbank Information Network (IIN) which JPMorgan, Royal Bank of Canada and ANZ have been trialling for 11 months to see if blockchain technology can speed up payments that have errors or require additional compliance checks. The idea is that a mutually-accessible ledger across banks would allow them to quickly resolve issues such as compliance checks, faulty addresses or missing data, which can lead to payments being held up for weeks. The banks expect to put about 14,500 US dollar-denominated payments a day through the enlarged network. “Payment is one of the segments banks worry most about in terms of ceding to non-bank competition,” said Jason Goldberg, banks analyst at JPMorgan. “Blockchain is a way to keep more of that (payments business) in-house.” There is no comprehensive data on how much market share has been won by payments start-ups leveraging technology to offer cheaper services,but individual players have achieved significant scale, including UK-based TransferWise, which processes more than £3bn every month. Emma Loftus, global head of global payments and receivables at JPMorgan Treasury Services, said the IIN would help protect their businesses. “One of the complaints that the non-banks have been pointing out [relates to] these frictional processes in the existing cross-border payment mechanism,” she said. “Given that things like blockchain are addressing some of these age old problems, we’re able to solve the problems ourselves.” Ms Loftus said only a “small percentage” of total payments instructions get held up but it can take up to two weeks to resolve any issues, making it a “significant pain point” for clients. Apparently simple cross-border payments can involve a chain of three or four banks, because banks can only send payments directly to other banks who they have “correspondent” relationships with. When the instruction has missing or faulty information, or banks have to make additional compliance checks, they have to send queries back through the payments chain, bank by bank, until it reaches someone who has the information and can send it back along the same path. Recommended An immigrant’s story of moving money Accessing all the information through the blockchain creates a distributed ledger that all banks can query in real time, allowing for near-instant resolution of issues. The IIN also facilitates secure peer-to-peer messaging. The number of transactions put through the IIN will expand exponentially as the number of participating banks increases. JPMorgan plans to continue adding banks, and also hopes to expand the IIN offering into other payments in non-US currencies. “If you look at it (IIN) terms of what blockchain applications are live, there are very few and most of them are either in pilot or proof of concept stage,” said Umar Farooq, head of blockchain at JPMorgan. “This is the single biggest.”
  6. Not sure if this is anything to be worried about; https://www.ft.com/content/41bb140e-bc53-11e8-94b2-17176fbf93f5 Only came out an hour ago. I thought Santander and the Bank of Canada were working with Ripple. Is also mentions TransferWise. This is all based on Quorum, which as we know is based on Etherium. Also states that 75 banks are ready to go live on this Interbank Information Network (IIN). This will happen at the same time. Not sure about anyone else, but doesn't sound great news to me. Wonder if that's why we are dropping 18% at the moment.
  7. I can honestly say that I am not Jasil, been on this forum for a while, just used the Torpedo Cat photo as a profile pic. I appreciate the answers, had a little to drink last night and went on a bit of a rant. Everyone is, of course, allowed their opinion. I just see on this forum, Twitter, Reddit etc. That this price prediction gets banded around all the time. Seems like every other tweet is... "Can't wait for $589, I'm going to be rich, Lambo" For newer (younger) investor's it seems almost cruel to lead them down this false pretense. Mind you it's their money and nothing to do with me. Just pretty much invalidated my post. Won't be drinking wine and posting again that's for sure.
  8. Personally... I am getting really fed up with this $589 bollocks. I truly believe some people believe it will happen. Even when this BG123 guy "predicted" this magical number I thought what a ? If anything it's harmful and FUD to spread this kind of ****. It's been going on too long and I think it's a joke. I think we all believe in Ripple and XRP to do well but it will take time, NOT and I will repeat NOT get to $589 end of year. It won't ever get to that price... "But people said Bitcoin would never get to 20k"... Totally different market back then and XRP is totally different. I think it's important to keep information flowing but this over inflated price bollocks needs to stop. Doesn't help anyone.
  9. I've posted about this months ago... Nothing new. Nothing to be worried about.
  10. So does pretty much every other altcoin. Not being pessimistic but could go either way. Have seen it before.
  11. Looks like $.589 to me. There is a "." is there not? Makes it more realistic
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