Jump to content

WhentheBoat_ComesIn

Bronze Contributor
  • Content count

    882
  • Joined

  • Last visited

About WhentheBoat_ComesIn

  • Rank
    Veteran Member

Profile Information

  • Gender
  • Location
    Global
  • Occupation
    xRapid, International Dog of Mystery
  • Country
    Cross Border
  1. WhentheBoat_ComesIn

    Cory Johnson ✔ @CoryTV Dig this: As of right now

    Liquidity, utility and real usage by FIs is now only months away; crawl, walk, run....MMMOOOOOOOOOOOOONNNNN🚀💰
  2. WhentheBoat_ComesIn

    Cory Johnson ✔ @CoryTV Dig this: As of right now

    https://ripple.com/insights/xrapid-brings-on-three-new-exchange-partners/ Cory Johnson, Chief Market Strategist at Ripple. “We’ve seen several successful xRapid pilots already, and as we move the product from beta to production later this year....."🚀💰 xRapid, Ripple’s cross border payments product that minimizes liquidity costs, is powered by the superior speed, low transaction cost and scalability of the digital asset XRP. But for xRapid to be most successful, there needs to be a healthy ecosystem of digital asset exchange partners around the world. These exchanges allow xRapid payments to move from one currency – into XRP – and back into another currency quickly and efficiently. Today, we’re pleased to announce Bittrex will act as the preferred digital asset exchange for xRapid transactions that move through US Dollars. In addition, Bitso and Coins.ph will be preferred for Mexican Pesos and Philippine Pesos, respectively. Here’s what a xRapid payment flow will look like from the U.S. to Mexico: A financial institution, that has an account with Bittrex, initiates a payment in US dollars via xRapid which is instantly converted into XRP on Bittrex. The payment amount in XRP is settled over the XRP Ledger. Bitso – through its Mexican Peso liquidity pool – instantly converts the XRP into fiat, which is then settled into a destination bank account. “Bittrex is one of the biggest names in digital asset trading in the U.S. The same goes for Bitso in Mexico and Coins.ph in the Philippines. That makes today’s announcement an important development for xRapid,” said Cory Johnson, Chief Market Strategist at Ripple. “We’ve seen several successful xRapid pilots already, and as we move the product from beta to production later this year, these exchange partners will allow us to provide financial institutions with the comfort and assurance that their payments will move seamlessly between different currencies.” “We are excited to be partnering with Ripple to bring the benefits of blockchain technology to cross-border payments, making sending money home more affordable for 10M+ overseas filipino workers”, says Ron Hose, CEO of South East Asia’s e-wallet and financial services company, Coins.ph. In May, Ripple announced that financial institutions piloting xRapid saved 40-70% on average compared to traditional foreign exchange brokers who facilitate cross-border payments. The payments also settled in two minutes or less compared to two to three days from traditional methods. For more information on Ripple’s solutions or to learn more about becoming an xRapid partner contact us.
  3. WhentheBoat_ComesIn

    A chart of aggregate XRP holdings by the BearWhale

    I agree and hear what you are saying particularly with regard to xRapid needing a higher price for XRP before launch; I just wouldn't be surprised if this happens within the next month or so via SBI VC enabling a huge increase when xRapid is launched.
  4. WhentheBoat_ComesIn

    A chart of aggregate XRP holdings by the BearWhale

    Without an agenda I would agree but I think they want the price to tank to give the Institutions a low price for entry. This is based on nothing more than my gut feeling.
  5. WhentheBoat_ComesIn

    A chart of aggregate XRP holdings by the BearWhale

    Nor do I but with my tin hat on, I would love it to be a major Ripple founder being told to sell all their holdings to avoid conflict of interest prior to instating XRP as the one world currency.
  6. WhentheBoat_ComesIn

    A chart of aggregate XRP holdings by the BearWhale

    So over 30% dumped in 5 days, no wonder we’re crashing.
  7. WhentheBoat_ComesIn

    Ripple UNL dominance less than 50%

    Now back to 48% again.
  8. WhentheBoat_ComesIn

    Ripple UNL dominance less than 50%

    It was an hour ago but has since changed!
  9. WhentheBoat_ComesIn

    Do you think we will drop to 10cents?

    I think you will find a lot of people can't scrape together that amount. I wasn't aiming at you with my comment but highlighting the statement made as being wrong.
  10. WhentheBoat_ComesIn

    SWIFTNet using RippleNet?

    thin straws I like thin straws.
  11. WhentheBoat_ComesIn

    Do you think we will drop to 10cents?

    You are a fool for making that statement. Many people, having already invested, are not in a position to be able to buy more now and are not fools. Generalizations/blanket statements are always a bad idea.
  12. WhentheBoat_ComesIn

    New validator added to the recommended UNL list

    Do you mean that it isn’t really important if/when Ripple dominance of the recommended UNL list falls below 50% relative to an attack rather than its’ importance for decentralization?
  13. WhentheBoat_ComesIn

    Lawsuit/Motion Denied!

    Positive, we just need the Federal court to act (soon please) and it’s game over.
×