Woestekip Posted January 10, 2017 Share Posted January 10, 2017 It gives XRP more trust I think Link to comment Share on other sites More sharing options...
Rchopra Posted January 10, 2017 Share Posted January 10, 2017 53 minutes ago, MrX said: Any changes are nice after a long stagnation, but I can't understand, how this will affect the price of XRP? Bitstamp - is just another way to buy it. It increases volume/demand because pf easier availability and that way supports the price RDS 1 Link to comment Share on other sites More sharing options...
xrpaware Posted January 10, 2017 Share Posted January 10, 2017 4 hours ago, anotherscott said: I don't believe so. It could all come down to whether or not it gains significant volume or demand from traders. We all know Jesse Powell isn't exactly pro Ripple, but if demand shows for it they would probably add it. I don't think he's one to play favorites as long as it is profitable for them. I'm pretty sure that the Kraken announcement from mid-Dec. ( I think) --- was related to them acquiring/merging with Glidera, the US based crypto-wallet. However, the thing that makes Glidera so interesting to me as it relates to Kraken is that Glidera has a very robust ACH infrastructure in place with a lot of banks. So getting USD and EUR's into Kraken will be a lot eaiser. Up till now, you could only wire transfer fiats to your Kraken Account. So the combination of no-fee ACH transfers in Kraken increases the odds of USD/XRP and EUR/XRP pair from Kraken. This also puts the pressure on Coinbase since ACH transfers was CB's one claim to fame in the US market. I'm sure that's big factor as to why CB is asking their users and market as a whole what crypto's they should add to their trading platform. rippleric 1 Link to comment Share on other sites More sharing options...
grondiwam Posted January 10, 2017 Share Posted January 10, 2017 1 hour ago, MrX said: Any changes are nice after a long stagnation, but I can't understand, how this will affect the price of XRP? Bitstamp - is just another way to buy it. The direct effect is on liquidity. Side-effects: trust? appreciation? Those are debatable. The exchanges are a drop in the bucket compared to total supply. Link to comment Share on other sites More sharing options...
thinlyspread Posted January 10, 2017 Author Share Posted January 10, 2017 1 hour ago, MrX said: Any changes are nice after a long stagnation, but I can't understand, how this will affect the price of XRP? Bitstamp - is just another way to buy it. Well it's the chicken/egg liquidity challenge. XRP is most useful when liquid; to be liquid it needs tight spreads on many pairs. This should allow more folks to access XRP for trading (and speculating on), hopefully creating more liquidity through the incentives scheme Ripple are providing via Bitstamp. Once there's sufficient liquidity (i.e. market depth) XRP can be used more easily for larger size transactions, etc. It also begets more liquidity, and so on. Thorhamma and LetHerRip 2 Link to comment Share on other sites More sharing options...
cmbartley Posted January 10, 2017 Share Posted January 10, 2017 4 hours ago, tulo said: Good news. Strange they didn't add the BTC:XRP market and they don't issue EUR or Ripple. I wonder if Gatehub got dibs on the BTC:XRP corridor... 1. We all knew the MM program was coming but this was the first public statement about it in a long time so that indicates it's closer than we had expected... 2. The nod to the R3 trial on the Ripple.com release suggests to me that banks WILL actually use regulated exchanges for liquidity, good news 3. If you look at the public response on the bitstamp tweet, the typical crypto traders are NOT excited. I think Ripple/Bitstamp might be overstating the demand for new corridors for XRP... I saw effectively no calls for XRP on Brian Armstrong's tweet poll 4. I had mentioned that it's hard to predict whether or not Ripple's hypothesis about XRP being a good native currency for FX in the absence of a funded global currency marketplace, but this is a great step in the direction of being able to test that hypothesis. (what's the status of Coincheck?) 5. Right now Ripple seems to be very focused on easily bringing liquidity to platforms that connect to RCL. Kraken with Glidera, Bitstamp with fiat corridors, and don't forget MyGlobal iD which has integrate Dwolla. Expect to see more of these. TPM and Rchopra 2 Link to comment Share on other sites More sharing options...
Rchopra Posted January 10, 2017 Share Posted January 10, 2017 13 minutes ago, cmbartley said: I wonder if Gatehub got dibs on the BTC:XRP corridor... 1. We all knew the MM program was coming but this was the first public statement about it in a long time so that indicates it's closer than we had expected... 2. The nod to the R3 trial on the Ripple.com release suggests to me that banks WILL actually use regulated exchanges for liquidity, good news 3. If you look at the public response on the bitstamp tweet, the typical crypto traders are NOT excited. I think Ripple/Bitstamp might be overstating the demand for new corridors for XRP... I saw effectively no calls for XRP on Brian Armstrong's tweet poll 4. I had mentioned that it's hard to predict whether or not Ripple's hypothesis about XRP being a good native currency for FX in the absence of a funded global currency marketplace, but this is a great step in the direction of being able to test that hypothesis. (what's the status of Coincheck?) 5. Right now Ripple seems to be very focused on easily bringing liquidity to platforms that connect to RCL. Kraken with Glidera, Bitstamp with fiat corridors, and don't forget MyGlobal iD which has integrate Dwolla. Expect to see more of these. Other benefit of getting xrp on bitstamp is phone support for customer service which gatehub does not have but bitstamp does. Apart from other major factors phone support helps in building and sustaining confidence in the company and investors dont panic if there is somebody to help straight away. Xi195, RDS, Thorhamma and 1 other 4 Link to comment Share on other sites More sharing options...
thinlyspread Posted January 10, 2017 Author Share Posted January 10, 2017 51 minutes ago, cmbartley said: 5. Right now Ripple seems to be very focused on easily bringing liquidity to platforms that connect to RCL. Kraken with Glidera, Bitstamp with fiat corridors, and don't forget MyGlobal iD which has integrate Dwolla. Expect to see more of these. Plus as you say Coincheck, as well as Crypto Facilities, possibly Genesis Trading too. TPM and Thorhamma 2 Link to comment Share on other sites More sharing options...
Hodor Posted January 10, 2017 Share Posted January 10, 2017 @namini posted this link, & I liked one of the quotes: https://ibsintelligence.com/ibs-journal/ibs-news/bitstamp-onboard-with-ripple-xrp/ Quote Bitstamp is also the first partner exchange for Ripple’s XRP incentive programme, which will offer rebates and compensation to qualifying liquidity providers in XRP pairs at partner exchanges “The relationship with Bitstamp and launch of XRP volume incentives underscores our commitment to making XRP the institutional standard bearer for value transfer globally,” says Miguel Vias, Head of XRP Markets at Ripple Does that guy have a way with words, or what? rippleric, TPM, Xi195 and 1 other 4 Link to comment Share on other sites More sharing options...
D-fault123 Posted January 10, 2017 Share Posted January 10, 2017 6 hours ago, rippledigital said: Quote XRP trading will be available from 17 January 2017, with 0% fees for the first month. https://ripple.com/dev-blog/rippled-version-0-40-0-released/ Quote Ripple expects Suspended Payments to be enabled via an Amendment named “SusPay” on Tuesday, 2017-01-17. See below for details. Related? MundoXRP, Xi195 and rippleric 3 Link to comment Share on other sites More sharing options...
winthan Posted January 11, 2017 Share Posted January 11, 2017 It is good for EU customers. Is there ACH deposit for US customers yet in Bitstamp? Link to comment Share on other sites More sharing options...
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