• Breaking News

    Saturday, March 10, 2018

    Ripple Daily Ripple/XRP Discussion Thread 03/10/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 03/10/18 [Questions and Price Predictions]


    Daily Ripple/XRP Discussion Thread 03/10/18 [Questions and Price Predictions]

    Posted: 10 Mar 2018 12:12 AM PST

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

    Make sure to read the rules before you post: https://www.reddit.com/r/Ripple/wiki/rules

    Also, make sure to report any comments or posts that don't follow the rules!

    If you would like to have more discussions with Ripple supporters, please feel free to join our social channels

    Telegram

    Discord, and some features in our Discord:

    • Tweets from ripple official, staff, community contributors and many more;

    • Ripple Employees available to chat

    • Multi-language chat rooms for Ripple supporters all over the world

    The invitation link - https://discord.gg/qgfVERN

    One aspect of our subreddit is clear transparency. If you ever feel like a moderator is abusing their position of power please review their actions in our public mod logs here. Make a modmail, or pm /u/Bonkill to appeal a moderator action or if you discover any issues/mods overstepping their roles.

    submitted by /u/AutoModerator
    [link] [comments]

    Ripple hires Bloomberg TV's Cory Johnson as chief market strategist

    Posted: 10 Mar 2018 01:15 PM PST

    Marjan Delatinne (Ripple) - 'we sign a bank or PSP per week'

    Posted: 10 Mar 2018 02:40 PM PST

    JP Morgan seems very warm to Ripple. https://www.jpmorgan.com/global/cib/markets-investor-services/blockchain-economics

    Posted: 10 Mar 2018 04:22 AM PST

    While JP Morgan article doesn't actually mention Ripple, I thought I'd bring the communities attention to several parts of this article that easily shows how much JPM appreciate the magnitude of Ripple.

    1) "Time to get off the sidelines Many asset managers have taken a wait-and-see approach, under the assumption that any eventual cost savings or opportunities will flow downstream. We believe this is a mistake."

    Sounds a lot to me like JP understand the HUGE cost benefits and are going to act fast in order to get the competitive edge.

    2) I cant seem to add the photo in, however if you look at the table on the website under the subheading "Time to get off the sideline" there is a table with different benefits of blockchain, like cost saving, there is then also a colour allocated to the impact on a certain aspect of a company.

    The most exciting part thing that I saw in this table was under "Retirement of redundant infrastructure" is a dark blue box, referring to the cost savings as "Major Benefit".

    Clearly JP Morgan has or will see the huge infrastructure savings made possible with XRapid and XRP which will eliminate 27 trillion $ worth of Nostro Vostro accounts.

    I'd also just like to say to the whole community that although its hard to remember, us investors are so so early in this "marathon". As Garlinghouse said recently, in contrast to the .com bubble in this technology breakthrough the little investors can get there before the institutional investors. Remember that... Wall Street is a long way off and when they do come we'll be the ones laughing.

    submitted by /u/bigman19999
    [link] [comments]

    Ripple will attending Money 20/20 Conference Singapore. 13 Mar 2018

    Posted: 10 Mar 2018 06:44 AM PST

    Some basic trading advice if you are longish on XRP

    Posted: 10 Mar 2018 09:54 AM PST

    Don't think about the fact you bought at $3 or $2.70, think about your average price. If you bought the same amount at $1 your average price is now $2, buy triple the amount and now your average price is $1.50, etc.

    So if you fomo'd and XRP is at a low price AND you still believe in the long term prospects you can easily hedge against your bad buy at the high price by making another investment at a low price. It just comes down to your willingness and ability to invest more however the overall goal is to always keep some money in reserves for just this reason instead of putting 100% into anything you buy.

    If the price goes up you take profits, if it goes down instead of selling and guaranteeing a loss you buy more to offset and lower your average.

    Lastly here's some basic math why simply selling at a loss is bad:

    You buy 1 share at $3. Price dumps to $1 and you lose 66% To regain your -$2 you need the price to go up 300%.

    So a 66% loss requires a 300% gain to recoup!

    Now let's say you had $3 set aside and rebought the dip at $1 so your average is now 4 shares at a total of $6 and an average of $1.5. Now to recoup your investment the price only has to go up 50%. If it does go up 300% you will profit overall.

    So the TLDR is whenever you buy a rise don't go all in, save some reserve in case it drops and you can use that reserves to lower your average.

    submitted by /u/arjunt1
    [link] [comments]

    Ripple (XRP) Explained: Medieval Banking with a Digital Twist

    Posted: 10 Mar 2018 03:19 AM PST

    Get XRP news articles in your inbox every day

    Posted: 10 Mar 2018 08:12 AM PST

    Amazon looking to disrupt the payments market - only speculative but this could be good for blockchain

    Posted: 10 Mar 2018 03:36 AM PST

    Has anyone considered the disruption Ripple and XRP will cause?

    Posted: 10 Mar 2018 05:21 AM PST

    I don't see big banks rolling over and dying, there's too much money to be made acting as intermediary's for the smaller banks of the world.

    I am curious too do the bigger banks get to count the money in their nostro/vostro accounts as assets to borrow against? If they do and Ripple is successful removing 27 trillion dollars from accounts around the world won't that have a negative impact on the market?

    That's two fold though, the account holding bank gets that money back to borrow against but the much larger bank holding the account now has less to borrow against which means they will write fewer loans or be that much more cautious with who they borrow to.

    Full disclosure, I'm 100% XRP and fully support their dream and vision. I'm just curious what it will do to the industry if and when they're successful.

    submitted by /u/toieo83
    [link] [comments]

    All coins worth more than 25 USD have a supply of less than 100 million.

    Posted: 10 Mar 2018 11:36 AM PST

    What implications does this have for XRP's future value for investors looking at making a sizeable profit?

    This is not meant to be a thread for smearing XRP, I'm genuinely curious as to what people's thoughts on this matter is.

    Does XRP have potential to break 25 USD in the future?

    submitted by /u/Shamijay
    [link] [comments]

    Everything You Need to Know About Ripple (My Article, Looking For Suggestions!)

    Posted: 10 Mar 2018 11:20 AM PST

    Small Win: Ripple Shoutout on H3 Podcast

    Posted: 10 Mar 2018 06:21 PM PST

    Could XRP help federal government's get rid of their debt and deficits

    Posted: 10 Mar 2018 08:55 AM PST

    If a country's federal government switched from a fiat-backed economy to XRP, what would be the consequences? Similar things have happened before, lastly when the US switched from the Gold Standard. Could XRP help federal government's get rid of their debt and deficits? The central bank would buy XRP, I guess, instead of issuing securities like today. Or, perhaps each federal bank would issue their own cryptoassets? Would this scenario even be plausible in the near future, or are bound to fiat for the long run?

    submitted by /u/norsk45
    [link] [comments]

    No comments:

    Post a Comment