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  1. Dear Community, we offer free advice for Blockchain projects. You can ask questions, bring your doubts, talk about your business and the possibilities it opens for your team and for users. Service includes 2 hours of counseling with our blockchain experts. To schedule your session write to us: castiglionemaldonado@gmail.com For further information about our services kindly visit Ethernity.live Best regards, Ethernity blockchain team
  2. Hi guys, been watching Teeka's interview the other day and he was talking about his pick for where to invest next. Can you help me with the clues or does anyone have his report where that coin was named. the clues from the interview are: market cap under 100 mil best potential usage roadmap launched by internet company with 100 mil users by the end of march it will have 5 mil users by the end of 2018 they expect 100 million users one of the guys helping launch this crypto is one of the biggest names in crypto and he just became multi billionaire. He has become one of the faces of crypto currencies. he has launched another crypto last year that was up 8866% in 8 months (golem?) the other guy whos is helping this crypto is a silicon valley power player this crypto is undervalued, by the end of the year it could go up to 4$ right now its value is well under 0,50$ (from the speech presume 0,34$) over the next few years the coin will go over 10$ Thanks You can find the interview here. He talks about that coin at 1:12:30
  3. Hello, I'm ripplescave - a rather bland allusion to Plato's theory of the cave. I'm the caveman diacovering the world of ripple. Hence the name. Now that we got that out of the way (and before anyone tells me to use the search function - spoiler - I have), I have a few Qs. I'm having a fair bit of trouble duly visualizing how xRapid works. I have read several of David Swartz's responses, I've scoured ripple's website, I've seen some diagrams here and there, but I've yet to get a fully laymen run down of the logistics behind how payments are transferred using XRP via the xRapid system. This is my understanding thus far: 1. Bank A receives request to send EUR over to Bank B in, say, Italy, of the amount of €10,000,000. (Let's assume that 1 EUR = 1.25 USD) 2. Bank A buys $12,500,000 USD worth of XRP on the open market from exchange ABC. 3. Bank A then transfers XRP to Bank B via xRapid. 4. xRapid sources liquidity through a "liquidity partner" [from my understanding the LP has the same utility as that of a market maker for stocks] 5. xRapid sources closest LP to Bank B and transfers XRP at (desireably) higher spread to Bank B. 6. Bank B receives XRP and sells for EUR instantaneously on open market. From this exercise arises a few obvious questions. 1. If XRP considerably within the time the LP receives it, isn't this bad for them? They would then transfer XRP at a loss. Is this just risk that the business must undertake on a day to day basis in order to operate? 2. What incentive is there for an LP to be an LP? I still don't see how they make their money in this system. 2. I get that the transfer of XRP is instantaneous using the xRapid system but isn't the withdrawal of fiat from exchanges that the Banks trade with taking the same time as it would today? Do banks get same day cash settlements via exchanges when they try to withdraw their EUR/USD/etc in today's environment? I am not sure as to how this function works. 4. Why would LPs want to bear the risk of holding a reserve of XYZ currency? Aren't they opening themselves up to massive fx risk? If not then how are they protected? Those are the most immediate questions I have for now and I am looking forward to an insight and intelligent discussion that can hopefully shed some light for many who may or may not have the same questions that I do. cheers
  4. I am new here. Are we allowed to seek or share trading or investment advice on ripples in this chat room?
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