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    Home Unlabelled Ripple Daily Ripple/XRP Discussion Thread 01/11/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 01/11/18 [Questions and Price Predictions]

    January 11, 2018

    Ripple Daily Ripple/XRP Discussion Thread 01/11/18 [Questions and Price Predictions]

    Daily Ripple/XRP Discussion Thread 01/11/18 [Questions and Price Predictions]

    Posted: 11 Jan 2018 12:11 AM PST

    Hello! It's Thursday. Welcome to our daily discussion thread. Put your commentary in here.

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    submitted by /u/AutoModerator
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    MoneyGram Signs Deal to Work With Currency Startup Ripple

    Posted: 11 Jan 2018 06:04 AM PST

    I found the accounts with over 65% of all the XRP in existence.

    Posted: 11 Jan 2018 05:15 PM PST

    An appeal to the thief that stole my cryptocurrency

    Posted: 11 Jan 2018 06:31 AM PST

    I see that you have had a change of heart and have returned my cryptocurrency back to my scam Ledger, and I see now you are trying to make things right, but if you are reading this I need you to do one more thing. The Ledger was reset so I try to recover the seed using the scam 24 word recovery card that was included with the Ledger (https://imgur.com/DsICkge), but the seed on this recovery card is not the same seed that was preinstalled on my Ledger when I purchased it, hence I cannot access the cryptocurrency you returned back to me. Can you please please do one of the follow things - Send me the 24 word seed that were originally on the Ledger so I can access that account, you can private message me here in Reddit Or please transfer the currency to my new wallets -

    Ripple - Wallet address - rsvAw4TVzEnmxoCdwRp8bgqQTQKCQoWUT9

    LiteCoin - Wallet address - Lhf4ttgHuWMaYPZuFW75wXqQ6fAfagdnfX

    DASH - Wallet address - XtvVkxEdZdzmXavS2T7X79GTVkjy8xPCkb

    (PLEASE DO NOT SEND ME DONATIONS - this is only to the thief if he reads this)

    I know you are trying to make amends and to end all this, but as long as you are the only one to have access to this seed (account) and I cannot access it, it is still classed as stolen and as such still looking at a 5 - 7 year Jail sentence, but this can all be avoided if you just send me the seed or send the currency to my new wallets. You have made the first step in returning the currency now please make the next and last step to allow me access to it, then all this will be over.

    Please can everybody spread the word and again please do not send me donations.

    submitted by /u/moodyrocket
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    In 5 months this will be considered outrageous

    Posted: 11 Jan 2018 05:44 PM PST

    Moneygram Pilot XRP

    Posted: 11 Jan 2018 06:12 AM PST

    MoneyGram using XRP

    Posted: 11 Jan 2018 06:15 AM PST

    My reaction when XRP is up 22% in the last 24 hours

    Posted: 11 Jan 2018 08:47 PM PST

    South Korean government reaffirms there will be no trading ban

    Posted: 11 Jan 2018 05:45 PM PST

    Ripple is now available on Bitpanda (biggest Crypto-Exchange in Austria)

    Posted: 11 Jan 2018 10:19 AM PST

    Ripple is now available on Bitpanda, the biggest Exchange in Austria.

    Verification needs only a couple of minutes and the site itself is really fast with a good UI.

    https://www.bitpanda.com/

    I think this could be a huge boost for ripple, with an exchange platform being able to handle a huge user load.

    submitted by /u/schoisistar
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    Found this in a bar.

    Posted: 11 Jan 2018 12:55 PM PST

    Ripple News & Events vs Price Chart

    Posted: 11 Jan 2018 08:36 PM PST

    Ripple Just Silenced Its Critics With MoneyGram Partnership

    Posted: 11 Jan 2018 11:48 AM PST

    Coinbase to add ripple soon. Look at XRP price quote.

    Posted: 11 Jan 2018 05:19 PM PST

    XRP Update

    Posted: 11 Jan 2018 05:56 AM PST

    https://xrphodor.wordpress.com/2018/01/11/xrp-update/

    This blog post is Part One of a double feature for Thursday, January 11, 2018.

    Red across the board in crypto. The latest xRapid news. Big XRP purchases. The first escrow release. The addition of DMM to the list of XRP exchanges. My latest blog covers all this and other information you need to know.

    I hope you enjoy the read - please leave all comments below!

    • Hodor
    submitted by /u/Hodor7777
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    Moneygram confirms partnership with Ripple! To the moon

    Posted: 11 Jan 2018 07:18 AM PST

    Casually the #1 Story on Facebook Trending

    Posted: 11 Jan 2018 09:04 AM PST

    Why XRP (and Crypto) will succeed

    Posted: 11 Jan 2018 06:25 PM PST

    A while back, I went to the bank to send a bank wire to fund my crypto account. This was my first time sending a bank wire. I read the instructions on the exchange website, and copied and pasted the instructions on my phone to bring to the bank.

    As I was finalizing the transfer, the representative told me that the bank wire will cost $30 and will take 3-5 business days to settle.

    This was pretty much a robbery in broad daylight.

    I am already charged $10 a month to have my bank account active. My money dwindles due to inflation. You can't participate in society in metropolitan areas without a bank account since most employers don't pay you in cash, so you're forced to use a bank. Is the bank's main interest themselves or for the people?

    At the bottom of the instructions was a long string of characters, preluded by the word "SWIFT". I did not know what it meant at that time, but now I do know. For those of you that don't know, it's the current service banks use to send bank wires. Not only did it cost a lot, the amount of time it took was a waste of my precious commodity: time. As Garlinghouse says, it would be faster to get on a plane and delivery the money by foot.

    I came across an article yesterday titled: The Average Life Expectancy For A Fiat Currency Is 27 Years ... Every 30 To 40 Years The Reigning Monetary System Fails And Has To Be Retooled.

    http://georgewashington2.blogspot.ca/2011/08/average-life-expectancy-for-fiat.html?m=1

    I encourage you to read it, but the main point of the article is: * The average lifetime of a fiat currency is 27 years * The average lifetime of a monetary system is 40 years

    The article was written on August 2, 2011. A line in the article states "Simply, at this point we can't know what will replace the current monetary system, or when. All we can know is that the status quo cannot and so will not survive this crisis." I'm sure we all are smirking at this point since we all know what will replace the current monetary system. Prime recent examples of the fiat system failing is Venezuela and Zimbabwe. The former monetary system was backed by gold, unlinked in 1971. Bitcoin was introduced in 2009. According to the article, the new monetary system should be introduced by 2011. I guess we're a little early?

    On the note of currencies, can we all stop comparing the market cap of a crypto currency to blue chips like Uber, Amazon etc... Parallels should not be drawn between these, and instead, drawn between total circulating supply of a fiat such as USD, CAD, BP etc.

    We are all blessed to be in this emerging market very early, and some of you do not even understand the underlying value of a crypto currency. Personally, what I invest in are assets that can provide what humans value the most. Below is a list in what I believe humans value, and in order of importance : 1. Time 2. Health 3. Pleasure 4. Money

    Crypto currencies will save everyone time and money. That is why it has value.

    Innovation and technology has allowed almost all industries to flourish. In a capitalistic society, with competition more fierce than ever before, it is those business who do not adapt that gets left behind and goes bankrupt. Banking, one of the oldest sectors, has barely innovated, but 2018 will be the year of fin-tech. MoneyGram partnership is only the beginning. Banking is a highly regulated sector, and it will need a crypto currency that is highly regulated (and not necessarily the most technological advanced crypto) to be adopted and used by banks. Which currency is the most regulated? XRP is, and perhaps XLM, which I am also bullish on. Not bitcoin with lightning, Rai blocks, IOTA, ethereum with raiden. These 4 currencies might be superior to XRP in technology, but not in regulation. Mind you, I am not saying these currencies will disappear, but they will not be adopted by banks. The central banks has already announced they will hold crypto currencies.

    https://www.coindesk.com/2018-year-central-banks-begin-buying-cryptocurrency/

    Banks are already afraid of crypto currencies and are scrambling to find ways to maintain a competitive edge. In physics, electricity flows in the path of least resistance, so does people, and so will money. If banks do not adapt, a currency such as Ether will eventually dominate. Some people might argue that banks will issue their own digital token and will dominate XRP. But that will not be the case. Do you really think The Bank of China will agree to use USD tokens as their main currency? There needs to be a neutral currency that is under no particular bank that will serve as a middle ground for the whole world. I will tell you right now, that each country will eventually ICO their respective currency to have it on the block chain because people demand transparency and is sick of quantitative easing and inflation. And also the government wants to keep track of you.

    Banks will not disappear anytime soon. I am baffled by those who say crypto will remove banks. A key aspect to banks that crypto cannot offer is credit and lending. Who is going to chase you down if you borrowed some Ether and didn't pay it back? Nobody is going to lend you Ether, and authorities won't care if the vigilant ran away with your virtual coins. Since banks will not disappear, their only option is to integrate to stop the threat of being overthrown by decentralized currencies.

    Asian people are on average, a smarter race than the rest of the world (this will trigger some people, but please do not start a flame war in the comment section. I am not undermining the rest of the world)

    Source: https://iq-research.info/en/page/average-iq-by-country#

    Asian countries such as Korea and Japan are typically quicker to adapt to change and embrace new technologies. As we already know, banks in South Korea and Japan are trialling XRP. Whether or not it will pass, we do not know. But we do know that if it does pass, the technology will ripple (see what I did there?) across Asia, and then on to the rest of the world. We already know that China and USA are major trading partners. So once China is on board, it will be very appealing for USA to also hop on board XRP to increase efficiency in commerce.

    Looking at the chart below, XRP is approximately tied with ethereum at just over a million transactions per day. As we already know, this isn't a fair comparison because Ethereum is a platform to execute smart contracts and not really a currency. So, XRP is leading in terms of transactions per day used as a currency. According to Moore's law, the value of a network is n2, n being a participant in the network. Need I say more?

    https://bitinfocharts.com/comparison/transactions-btc-eth-xrp-bch.html#3m#log

    As of now, the most regulated crypto currency is XRP. It will stand up to all the regulations put in place, is adequate in technology enough for people to be satisfied, and will endure all the turmoil spewed on it. Until a new coin emerges that can compete against XRP, it will be adopted by banks and appreciate to a market cap of trillions.

    And that is why I am 100% in XRP.

    See everyone on the moon.

    And stop checking the price every waking moment. Spend your valuable time elsewhere.

    submitted by /u/Endogami
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    Great short statement regarding XRP from a well known company. Great things have come, more will follow.

    Posted: 11 Jan 2018 09:05 AM PST

    South Korea Still Allows Crypto Trading, After Thorough KYC - Cryptovest

    Posted: 11 Jan 2018 01:13 AM PST

    Are we going to address all the censorship of negative posts last night?

    Posted: 11 Jan 2018 10:01 AM PST

    I know everyone wants to post positive news about Moneygram for the 5th time, that's cool, I am a holder and like positive news.

    But let's not forget that last night, when everything was going downhill, any negative post was being deleted by the mods here. This subreddit is being extremely censored and it's becoming a horrible place.

    Hopefully this doesn't get deleted and we can address the issue.

    submitted by /u/XoXeLo
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    XRP Green is a see of RED

    Posted: 11 Jan 2018 07:58 PM PST

    Ripple Relationship Infographic

    Posted: 11 Jan 2018 09:26 AM PST

    If you haven't read the Press Release from Moneygram themselves...

    Posted: 11 Jan 2018 08:32 AM PST

    The first paragraph is particularly pleasing.

    MoneyGram will pilot the use of XRP, the native digital asset of the XRP Ledger, in payment flows through xRapid, Ripple's solution for on-demand liquidity. XRP remains the most efficient digital asset for payments with transaction fees at just fractions of a penny, compared to Bitcoin fees of about $30 per transaction. Similarly, the average transaction time for XRP is 2-3 seconds with other top digital assets ranging from 15 minutes to an hour.

    What a time to be alive. Happy Zerpin' y'all.

    submitted by /u/Destruct000r
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    Reuters mentioned Ripple/XRP in recent tweet.

    Posted: 11 Jan 2018 12:59 PM PST

    What does this mean? The other household names?

    Posted: 11 Jan 2018 07:14 AM PST
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