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Found 35 results
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  1. Ever since I rejoined the forums, I sometimes get private messages in regards to forming a new CAD gateway. In this thread, I am asking the community to provide some suggestions and feedback to determine if a new gateway is feasible. I was asked if I would perhaps perform a crowd funding round from the XRPchat community to bootstrap a new Gateway, which I will touch on later. The first thing that I would need to do is set up a new issuer, requiring about 500 XRP to cover OwnerCount objects in the ledger from trust-lines and to activate new ripple accounts who are coming to the Gateway i
  2. ...is xrp's potential for being used as "reserves." I came across this article that discusses the concept of "forex reserves:" http://www.nbdpress.com/articles/2017-06-08/2632.html Before reading this article, I've heard the concept of xrp "reserves" being purchased by individual companies or market makers as a tool for managing risk and being able to profit from volatility. (source: _https://www.xrpchat.com/topic/5280-valuation-models-xrp-the-digital-currency-vs-ripple-the-company/?do=findComment&comment=50182_) The concept was always part of a larger topic, and I guess I
  3. https://u.today/ripple-enters-the-chinese-market
  4. https://u.today/ripple-price-prediction-for-november-quietly-in-reversal
  5. On a purely hypothetical and speculative level, when could a person who now holds 100k XRP hope to be a millionaire on that investment alone? 1 year? 10 years? 50 years? Within 10 minutes of this post? And explain why you think it will take your speculated time frame to reach that valuation... Hopefully this will be a fun, conjecture based post and subsequent replies...
  6. Kraken just started accepting domestic deposits from US Banks. It required a tier 3 level, wire routing number (not the one on checks), and following their instructions. I received notice from Kraken they had resolved their internal issues late Tuesday and initiated a deposit. Wednesday, I sent a wire transfer from my bank. It was credited to my account this morning. I was able to purchase XPR and get confirmation in just a couple of minutes. YEAH!!!
  7. Hi Guys... May be I am day dreaming ... lol.... but just a thought to share with you and (but since BTC @1200 has proved its foolish to say never/impossible ) I would appreciate your honest opinion, if you think its possible for XRP to get $20-$50 per XRP range.. The basis of this assumption/dream is that as its mentioned several times by Ripple has main focus on international money transfer due to their higher conversion difference and fee/charges. so the total daily turnover of forex transaction is around $5 trillion USD (based on info available in Google )and due to cost reduct
  8. Guest

    Nice comparison

    I'm not really a big fan but dude might have a point here:
  9. Excuse me, I am sorry, I apologize, but I have been attempting to set up a Gatehub Fifth USD Gateway for the past month. I believe my account has been verified, as I sent in the proper paperwork over a month ago and received a verification conformation email. I have contacted gatehub support numerous times to no avail. I understand that their has been an influx of new registrations, but being that I sent the paperwork on Nov. 28, I would have expected to be able to use this feature by now. Can you please explain how to properly set the USD trust and link an international account as to p
  10. Has anyone sold traded XRP for USD and withdrawn from Gatehub to your United States Bank? I did this 12 days ago, and still have not received my deposit. I have sent 2 emails to Gatehub only to receive automated responses. Any suggestions?
  11. Ripple's transaction costs are virtually nothing compared to credit/debit fees. Let's say the fees were as low as 20 cents per transaction... TRANSACTION COST - 0.00001 XRP CURRENT PRICE (1 RIPPLE/XRP) = $1.95 MEANING 0.00001 XRP = $0.00000195 ------------------------------------------------------------------------------------------------------------------------------------------------------------------ If 1 Ripple = $100 TRANSACTION COST - 0.00001 XRP MEANING 0.00001 XRP = $0.0001000 These are ridiculously low compared to regular fees we use today.
  12. I have been desperately trying to sign up to an exchange that will allow me to pay in USD and buy XRP or BTC i don't care. Most Exchanges are overloaded others just lie and then you can only Deposit if you have an account in their country. Some you can but it will then cost you 30% more to trade on them? Any Idea;s please been running behind this bus for 2 weeks now CRAZY LOSING MY MIND Best Regards Marc
  13. So, it happened! In México 1 XRP is worth more than 1 USD now ! ! ! ! 1 XRP = 19.98 MXN 1 USD = 19.5 MXN I'm so freaking excited I can't even!
  14. Hello, I have been looking at the XRP LEDGER CHARTS and i have noticed there are about four fiat currencies, plus XRP making it five. I noticed using the Offercreate Transaction type, most of the currencies that i see been exchanged on it were this four currencies. Is it possible to use another currency, and if so, how would i go about it? I am just wondering why the currencies being used is USD,EUR,JPY,CNY? Why just this four currencies? Who decided what currencies can be used? Is it possible to use other currencies?
  15. Any comment on this captured on Bitstamp XRD/USD right now? 5 minute view. Is this bots trading? Or what?
  16. So I am new to all of this cryptocurrency. I just set up my first wallet with Gatehub, got my account verified, and began trying to transfer USD from FlashFX to my ripple address. FlashFX alerted me that I needed to establish a trustline, and in following the tutorials I can find out where to go to enter details. But I cannot work out for the life of me what the public address is that I enter so that the payment clears. Every google search has turned up empty. This is probably a super simple fix but I need help to work this out. Thanks in advance!
  17. Does anyone else find it odd that price analyses about XRP published elsewhere on the internet talk about psychological levels of support and resistance in terms of USD? 75% of the volume of XRP trading takes place in Korea, so psychological levels of resistance and support should be more applicable there. It's also worth noting that 1 XRP sits at 297 KRW at the time of this writing.
  18. https://futurism.com/can-now-trade-tokenized-us-dollars-ethereum-network/
  19. XRP has been performing better than any of the other top alts vs BTC over the past week. The only reason it's down vs USD is because BTC is down vs USD. If you look at their charts vs USD side by side they look nearly identical. XRP is the only major alt to actually have movements up vs BTC during this latest BTC sale off. Until the banks go live its looking like BTC will rule the price. But, XRP is doing way better then it used to during these things.
  20. Question re: future of XRP and it's value as an investment vehicle. When I look at what Limited understanding I have about XRP and Ripple, I am puzzled by the notion that holding large volume of XRP would ever be as valuable as say, the equivalent value of BTC. These are my assumptions: Assume banks are becoming ripple customers in order to use Ripple for Bank-to-Bank transfers;(this is the stated business model and seems to be confirmed by the number of conventional banks involved with the currency.) With that stated purpose, a bank would be able to move large amounts of USD
  21. My understanding is that the goal for XRP is to become a reserve currency similar to how USD is nowadays. I also understand that the strategy of Ripple is to first target smaller or less transacted currency corridors for example, Guatemalan quetzal to South African Rand. What are the advantages to using xrp in those cases as opposed to just using the US dollar?
  22. TLDR: I have a US bank account and want to buy Ripple. What's the best platform for doing so? Is wire transfer my only option? ---------------------------- I'm new to cryptocurrency trading. Trying to buy some Ripple. I signed up and got approved for Gatehub.net, but it seems like my only option to fund from my US bank account is to do a wire transfer. According to this page, there is a $15 fee associated with wire transfers: https://gatehub.net/fees. I live in the US and have a US bank account and would like to minimize the amount I pay in fees. Is Gatehub my best option for bu
  23. I just transferred USD from my bank, here in the US, to GateHub. The website mentions that processing can take up to 7 days, but I just read some horrific reviews of funds not showing up for up to a month. Can anyone comment on their experience regarding wire transfers and how long it actually takes?
  24. If you are looking for technical analysis videos and charts of Ripple follow me over at Twitter, and check the videos out at YouTube. That being said; Ripple has been in a channel trade between 0.26-0.30 for the past 10 days; it has been building strong support in this range while waiting for the MACD to flip bullish on the day chart; still setting up for rally; it is building strong legs. Here is today's analysis: Twitter: https://twitter.com/ChartsCrypto Youtube: https://www.youtube.com/channel/UC4dVJFvNNL_YxYWB71Cp7Ow
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