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WhentheBoat_ComesIn

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About WhentheBoat_ComesIn

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    xRapid, International Dog of Mystery
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  1. Precicely why we need the new regulation compliance parameters and the introduction of new private clouds for enhanced security. Once that happens the floodgates to xrp adoption will open. I think you will find the latest SBI Group presentation interesting. Here is a link to an excellent thread started by @XrpCenter yesterday. I recomment you read the twitter thread in full not the sbi group document. The thread picks out the xrp related parts very concisely. "...If the law amendments come in June then SBIVC exchange service will launch the following month. If they are delayed then SBI will also push back its' launch..." The first movers (derivitives trading and Institutional investment) may come sooner than many people think. Here's hoping!
  2. I sent Gatehub the following message in a PM. Their reply is below. I am posting it as it seems to imply that they have a handle on the situation. Hope i'm right!!!!!!!!!!!!!!!!! "My account hasn't been affected (yet!). I have not received an email from Gatehub. Should I be worried? Are my funds now safe?" gatehub 306 Replied: 2 hours ago Hey, thank you for reaching out. If you have not received an email from us, then we have no reason to believe your account was compromised or will be compromised
  3. What happens in July if the SBI VC launch finally happens will be a big indicator for price. Personally, I believe if it does launch then we will see a new ATH this summer. I also see April 2020 as the start of real utility (I think Regulation issues will be resolved then) and with that some serious price increases.
  4. Another informative piece @Hodor, thanks. Thus, regulatory uncertainty continues to be the major weakness for XRP, since its largest use case, while slowly gaining traction, seems to be encountering resistance by the original target customer group: banks. As I live outside of the U.S. I am not up to speed on how the Political process works there. Can you give a "best shot" guesstimate on the timeframe for the new legislation (put forward by those members of Congress you refer to) will take to pass into Law? As regulatory uncertainty also seems to be the main issue holding back SBI VC Trade and the SBI Banking consortium, I was wondering you had any information/numbers/timeframes with regard to them specifically. (I'm not certain if they only need the clarity for their part of the world). Would be nice to have a blog update on SBI soon!
  5. Also agree with @Valhalla_Guy but I think they will divest - otherwise, although it could/should, xrp will never see triple digits.
  6. They do. https://www.r3.com/news/r3-launches-universal-corda-settler-application/ December 5, 2018 R3, the world’s leading developer of enterprise blockchain solutions for business, today launched its new Corda Settler, an application purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the world’s payment systems, both traditional and blockchain-based. XRP is the first globally recognized cryptocurrency to be supported by the Settler, bringing the Corda and XRP ecosystems into closer alignment. https://www.ledgerinsights.com/r3-corda-ripple-xrp-payments/ R3 reveals Corda payments app, integrates with XRP 1 month ago by Nicky Morris Today R3, the enterprise blockchain company, announced the release of an open-source universal payments application on its Corda Network. The company says the Corda Settler dApp will enable payments through “any of the world’s payment systems”, both conventional and digital currencies. XRP the cryptocurrency associated with Ripple is the first digital currency to be supported. Until three months ago, R3 and Ripple were involved in major litigation which at times was worth up to $18 billion at XRP’s peak price. R3 was to promote Ripple to a consortium of banks but got sidetracked with its own fundraising. At the same time, there was a separate contract wherein R3 received options to buy 5 billion XRPs at 0.85 cents. Ripple canceled the options contract which was at the heart of the dispute, but the case was settled without disclosing details. Today XRP is valued at more than 34 cents. The R3 statement said that Corda Settler would bring “the Corda and XRP ecosystems into closer alignment”. Corda’s Settler has the potential to enable settlement for any Corda payment obligation by any parallel payment rail. That could be a cryptocurrency or stable coin, or a traditional payment rail. However, in the latter case, it has to be capable of providing cryptographic proof of settlement. “Oracles” which enable blockchains to communicate externally, are used to confirm the settlement. Once payment is verified, the Corda ledger will be updated. Plans for the next stage include support for net settlement and real-time gross settlement payments. “While the Settler will be open to all forms of crypto and traditional assets, this demonstration with XRP is the next logical step in showing how widespread acceptance and use of digital assets to transfer value and make payments can be achieved,” said Richard Gendal Brown, Chief Technology Officer at R3.
  7. Very upbeat tone from Ripple in this official release with lots of references to XRP: "JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank will leverage the digital asset XRP to source liquidity on-demand when sending payments on behalf of their customers" David Lighton, Founder, SendFriend: "Through our partnership, we are bringing our customers a next-generation, blockchain payment solution that leverages XRP to address many of the efficiency and equity problems with existing remittances. For them, that means cheaper and faster payments.” Brad Garlinghouse “In 2018, nearly 100 financial institutions joined RippleNet, and we’re now signing two—sometimes three—new customers per week. We also saw a 350 percent increase last year in customers sending live payments, and we’re beginning to see more customers flip the switch and leverage XRP for on-demand liquidity” Are we now approaching the tipping point for xRapid utilization at scale? Here's hoping so!
  8. Another great blog @Hodor, thanks. FYI - grammatical error: drop the "ed" R3 & Real Property Transactions Since R3 announced that they'd be supporting XRP settlement out-of-the-box in their new "Corda Settler" application, there has been an increased amount of "interested" from the XRP Community about what this means for network liquidity. Do you think Brad might confirm the "at least one bank by the end of 2018" in his AMA later or maybe say it's being deferred until 2019?
  9. Great for currency exchange but charge around 3.5% to buy xrp. Eg. exchange £100 on xrp then immediately exchange back and you’ll get around £96.50 back. Pros: immediate/convenient. Cons: more expensive than say Gatehub, not able to transfer xrp in/out. Ideal for purchasing during a run/fizz (would be nice to see this soon as sadly it hasn’t happened much rec).
  10. Another great blog @Hodor, thanks. Do you still think we will see the fruition of Brad's saying that at least one bank will use xRapid by the end of 2018? Personally, I hope so as I think that could very well instigate a new "bull run". The "next wave" so to speak!
  11. We have now moved to the new Current Stable version version 1.1.2 (a fix for a technical issue in the consensus) from version 1.1.1 which improved handling of validator list sites. Can anyone enlighten me as to what rippled-jbcoind-1.1.1 is aiming to do? Just curious! On the same theme, can anyone enlighten me as to what version rippled-1.2.0 will fix/improve when released? Just curious!
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