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Mpolnet

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About Mpolnet

  • Rank
    Regular

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  • Gender
    Male
  • Interests
    XRP, Crypto Assets, DLT, Finance & Real Estate
  • Location
    United States
  • Occupation
    Analyst

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  1. Just signed up for Bitrue and excited to see how the exchange functions/how interest is paid out. Not only do they have a plethora of XRP base trading pairs but the interest feature is extremely enticing. I typically purchase XRP on Kraken and then transfer to my hardware wallet but if this payout rate is legit then the exchange is effectively paying you to hold XRP (thereby lowering your average cost per unit). Additionally, given Binance is restructuring their current US exchange offering I had to transfer funds and Bitrue is the only exchange comparable to Binance in terms of assets they list and has the benefit of those assets being traded against XRP. All in all, if the exchange is legit (which I think it is) it has an incredible offering 1) they pay you to hold XRP 2) buying their native token BTR increases the payout rate on XRP (or any other token they offer interest on) and 3) if BTR is comparable to Binance (discount Binance's current price per unit given the exchanges processes significantly more than BTR) there is significant price appreciation potential. Overall, this could a win win.
  2. Thanks for the feedback - makes total sense. Sounds like you've explored various avenues of potential integration but ultimately settled on it not being worth it at this point in time? Getting the genie out of the bottle was what I was hoping for!
  3. How do we go about getting the forum admin to sign off on this? I think this would be a huge step in the right direction and I'm sure others feel the same way. Not sure who else would know but looping in @Hodor @JannaOneTrick @Pablo @LeonidasH. Hopefully there's a way to push this through! Edit: @karlos
  4. Keep up the good work! We need more people like this helping to drive the community and adoption forward with the understanding that nothing happens overnight. I know this has been posted as a question here before but I figured I'd take advantage of your most recent comment to pose the question. Is it possible/worth implementing the xrptipbot into XRPchat? Given the spike in number of tips sent once ILP and Coil were connected wouldn't the implementation of it on this website help diversify and drive a greater use (additional demand and liquidity) of XRP as a micropayment for tipping content creators? I may totally be overlooking critical factors but it never hurts to ask.
  5. https://cointelegraph.com/news/thailands-largest-commercial-bank-and-state-oil-company-trial-blockchain-payments
  6. "Get expert perspective on how to expand your payments business into Mexico and the Philippines–quickly capturing a $64B market opportunity and acquiring new customers." - that's from the Overview section. Maybe I'm missing something but to me this reads as more of a marketing event/info sessions for firms looking to integrate xRapid and start providing services around it to their customers.
  7. Marketing costs are a component of customer acquisition costs. This is a good thing.
  8. These links should help explain the relationship between supply and demand and how that affects price based on quantity of supply: https://www.investopedia.com/university/economics/economics3.asp https://courses.lumenlearning.com/boundless-business/chapter/pricing-products/ https://www.khanacademy.org/economics-finance-domain/microeconomics/supply-demand-equilibrium/market-equilibrium-tutorial/a/changes-in-equilibrium-price-and-quantity-the-four-step-process-cnx https://www.investopedia.com/ask/answers/033115/how-does-law-supply-and-demand-affect-prices.asp
  9. Personally, I think the 4th bullet can even be applied to BTC or ETH both of which have been deemed to likely not be securities by the SEC.
  10. https://medium.com/coinmonks/a-brief-ish-history-of-xrp-6fb434a35208 Solid article outlining the history of XRP, which should help with providing perspective on why XRP is likely not a security based on recent statements from the SEC.
  11. Additional use cases that utilize XRP in payment flows (or transfers of value) should in theory add to XRP's overall liquidity, which would make it even better suited for the cross border payments use case. Ultimately the greater the liquidity the more uses cases XRP can tackle hopefully creating a virtuous cycle for those choosing to build on and using the XRP ledger.
  12. Any chance these will be available later as recordings?
  13. I'm not technically savvy when it comes to this type of analysis however, the way I was reading the article it seemed to indicate that xrapid volume was higher when the price of XRP was higher. This makes sense given a higher price allows users to send larger amounts and pay less in fees and generally larger volume transfers are more feasible given less XRP needs to be sent. Was anyone else getting the same interpretation from the article? Curious to see what everyone thinks.
  14. I'm not sure how feasible this idea is however, would it be possible to build a sports betting marketplace on the XRP ledger with an additional betting market that covers e-sports (given the growth in viewers for major e-sports championships such as League of Legends)? Ideally, this type of platform would allow for bets to take place using any fiat/crypto/IOU on the XRP ledger but value would transfer and be settled in XRP thereby boosting XRP's liquidity? Codius and ILP would need to be integrated to allow for contracts to be created and ILP would allow for interoperability between the different currencies and XRP. Jurisdictional regulation towards sports betting would most likely be a hurdle that would need to be overcome. However, in theory could this be done and does it represent a positive use case for XRP? My thinking is that it would bring additional liquidity from existing markets to the XRP ledger. @Hodor @Pablo
  15. Great article per usual! I apologize if this has been asked/discussed already but is there a way to track the growth of the stats provided by the website below, over a period of time? Or has any analysis already been done on this that can be provided? https://www.xrptipbot.com/stats
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