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This looks good (XRP markets)


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OK so looking at: https://xrpcharts.ripple.com/#/xrp-markets

total trade vol: $ 172,061,099.80 USD -- $ 205,065,402.48 USD now!!! that escalated quickly!!! 

as of writing we have:

 -- poloniex 35.9%
 -- coinone 33.7%
 -- xrp ledger 6.3%

this is freaking awesome: less power to polo, coinone doing great, and xrp ledger finally getting some traction -- is that due to gatehub? 

59412b0745a21_ScreenShot2017-06-14at13_24_33.thumb.png.14d3c8c4cad87eee45f890cca6083e87.png

Edited by Guest
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9 minutes ago, zerpdigger said:

is that due to gatehub?

Nope... I hope it has to do with this new White paper of EBA and SWIFT: 

https://rt1.ebaclearing.eu/media/azure/production/1141/ebacl_20170614_white_paper_on_euro_instant_payment_take-off_v10_-printer-friendly.pdf

Ensuring a smooth take-off for euro instant payments: A white paper on pan-European infrastructure considerations

The scheme foresees the end-to-end execution of euro transactions between payment accounts in less than 10 seconds, around the clock on any day of the year, with immediate  availability of the funds on the beneficiary’s payment account.

Ripple: an Internet Protocol for Inter-bank Payments

https://www.europeanpaymentscouncil.eu/news-insights/insight/ripple-internet-protocol-inter-bank-payments?articles_uuid=328206CF-5056-B741-DBF388D80399074B

Edited by Live4xrp
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hmm, i dunno -- great news as that is not sure if it's relevant to today's surge -- you might be right though 

the volume is still growing, and coinone is very close to overtaking polo... we should have a party when this happens

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40 minutes ago, zerpdigger said:

and xrp ledger finally getting some traction

Two questions, and then a comment (and hopefully someone can include a link in their response).

Question 1: Wouldn't XRP Ledger be THE place to by-pass a lot of the crypto-hopping requirements demanded by exchanges simply to buy XRP from a particular fiat, for example:  CNY 2 XRP or USD to XRP, etc. instead of FiatX - BTC or ETH or xyz - to XRP?  

The crypto buying / selling process, because of rapid adoption in 2017, is burdened by exchanges. They try, sometimes get selfish and greedy, but they're not ready for another 2% - 5% increase in revenue coming into the crypto ecosystem in the last half of this year.  Having XRP become the interface seems the logical way to make this space SCREAM with transaction throughput. It's the perfect ICO, don't you think?  (okay, this was a question, too...rhetorical :-)  )

Question 2: Is there a summary doc or "use case" option on the ledger to help the general (non-zerpers) figure out how to do this procedure?  Links would be great!

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17 minutes ago, wiredless1 said:

Two questions, and then a comment (and hopefully someone can include a link in their response).

Question 1: Wouldn't XRP Ledger be THE place to by-pass a lot of the crypto-hopping requirements demanded by exchanges simply to buy XRP from a particular fiat, for example:  CNY 2 XRP or USD to XRP, etc. instead of FiatX - BTC or ETH or xyz - to XRP?  

The crypto buying / selling process, because of rapid adoption in 2017, is burdened by exchanges. They try, sometimes get selfish and greedy, but they're not ready for another 2% - 5% increase in revenue coming into the crypto ecosystem in the last half of this year.  Having XRP become the interface seems the logical way to make this space SCREAM with transaction throughput. It's the perfect ICO, don't you think?  (okay, this was a question, too...rhetorical :-)  )

Question 2: Is there a summary doc or "use case" option on the ledger to help the general (non-zerpers) figure out how to do this procedure?  Links would be great!

ripple consensus ledger (renamed 'xrp ledger' lately) is exactly for that, grounding xrp as a useful asset on a public facing ledger

but fiat issuances prob won't travel too often over the xrp ledger, but go via private interledgers -- that's ok, it means what we'll see is an xrp PAYMENT going from A to B, and this will be a proxy swap for fiat changing hands off-ledger 

there will be some niche use cases and small-time trading that happens on the xrp ledger, but this is peanuts compared to the Big Money 

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11 minutes ago, zerpdigger said:

$ 247,952,562.14 USD now

coinone is SO close to overtaking polo 

It happened once before a couple of weeks ago but Polo wrestled back. The great news is Polo is consistently below 40% these days, with the occasional spike. Also, try switching the view to 1hr from 24hrs. You'll see Polo at 2nd or 3rd place a few times during the day.

Edited by Coroneus
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