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    Home Unlabelled Ripple Daily Ripple/XRP Discussion Thread 03/12/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 03/12/18 [Questions and Price Predictions]

    March 12, 2018

    Ripple Daily Ripple/XRP Discussion Thread 03/12/18 [Questions and Price Predictions]

    Daily Ripple/XRP Discussion Thread 03/12/18 [Questions and Price Predictions]

    Posted: 12 Mar 2018 01:14 AM PDT

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

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    "Ripple Loses Bid to Keep Its Cryptocurrency Fight in California"

    Posted: 12 Mar 2018 05:03 PM PDT

    Would love to hear people thoughts on the good and bad consequences of this on-going story. It is right to be worried?

    https://www.bloomberg.com/amp/news/articles/2018-03-12/ripple-loses-bid-to-keep-its-cryptocurrency-fight-in-california?__twitter_impression=true

    submitted by /u/SquilliePlays
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    Brad Garlinghouse. Digital Ventures Interview.

    Posted: 12 Mar 2018 12:17 PM PDT

    BBVA Compass CEO: Money transfer test with Ripple went 'very well'

    Posted: 12 Mar 2018 09:40 AM PDT

    5th largest Korean exchange GOPAX successfully lists Ripple (XRP)

    Posted: 12 Mar 2018 08:50 PM PDT

    Global Payments Infrastructure Takeover in Progress

    Posted: 12 Mar 2018 06:52 AM PDT

    https://xrphodor.wordpress.com/2018/03/12/global-payments-infrastructure-takeover-in-progress/

    It's no longer an exaggeration to claim that Ripple technology is on a global path to replacing the entire worldwide money transfer infrastructure. I discuss why this is, and provide you with some details you may not have previously known about some of the prominent news items hitting the wires this week.

    Also, learn about the upcoming Money 20/20 conference and how Ripple is planning on sending a large delegation!

    I hope you enjoy this edition - please leave any comments below.

    Thank you & Sincerely, -Hodor

    submitted by /u/Hodor7777
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    @Ripple: "Swift's published error rate is 6%. Imagine if 6 percent of your emails didn't go through without additional human intervention." -@bgarlinghouse on why solutions like #xCurrent are so popular with financial institutions #M2020Asia

    Posted: 12 Mar 2018 08:51 PM PDT

    @Ripple: "Currency that moves as freely as email and converts into local currency just as emails convert into words on a page: That makes sense to me." Read more in @ampressman's sit down with @chrislarsensf #internetofvalue https://t.co/k7NLDBdfO4

    Posted: 12 Mar 2018 09:06 AM PDT

    BBVA Compass CEO : Money Transfer Test with Ripple went 'Very Well'

    Posted: 12 Mar 2018 06:53 PM PDT

    A Living Ledger: Real-time Visualization of the Ripple Network

    Posted: 12 Mar 2018 09:16 AM PDT

    The Real-World Potential of Ripple

    Posted: 12 Mar 2018 01:12 PM PDT

    @Ripple: Team Ripple is in the house at #Money2020Asia! We're here all week and excited to talk about revolutionizing cross-border payments! https://t.co/ZnARvz2ToK

    Posted: 12 Mar 2018 06:16 PM PDT

    Looks like SAP is using XRP with Leonardo. IOT

    Posted: 12 Mar 2018 08:06 AM PDT

    Quick Voting Poll I made for 2018 price predictions

    Posted: 12 Mar 2018 07:34 PM PDT

    Siam Commercial Bank (SCB) Expanding remittance service to euro, pound, and sterling by the end of 3rd quarter this year!

    Posted: 12 Mar 2018 09:00 PM PDT

    @Ripple: "If we haven't lowered the cost of remittance payments by 300 basis payment points by 2030 we'll have failed. We need to fundamentally change how cross-border payments are made." -@bgarlinghouse on the importance of the #internetofvalue at #M2020Asia @money2020

    Posted: 12 Mar 2018 08:46 PM PDT

    Bloomberg: Ripple CEO Brad Garlinghouse Discusses the Future of XRP

    Posted: 12 Mar 2018 09:48 PM PDT

    [SERIOUS] Give me your best XRP FUD.

    Posted: 12 Mar 2018 10:14 AM PDT

    Someone did this in the Nano sub (I don't hold Nano but I'm subscribed) and I thought it was interesting. You know you have a solid position if you can argue for the other side and make the doubters' and haters' argument better than they can.

    Or if you're brave enough to voice your own doubts, so you can see if you can defeat them instead of ignoring them.

    Intelligent FUD please. We don't really need the usual banks won't use XRP FUD because we have to answer it all the time, although if you really think many banks won't use XRP you can certainly say so and say why.

    Devil's advocate anybody?

    submitted by /u/ILN1f8SFL
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    Analyst's Take on Ripple's Cory Johnson Addition

    Posted: 12 Mar 2018 10:14 AM PDT

    Brad Garlinghouse in today's conference (starts in 1:20:00)

    Posted: 12 Mar 2018 07:39 AM PDT

    Coinbase just announced their new "Tax Center" - Still an attractive proposition for XRP adoption?

    Posted: 12 Mar 2018 08:46 PM PDT

    https://s18.postimg.org/bja9ums5l/coinbase.jpg

    Admittedly it only effects the US market so far, all trades are recorded and given to the IRS. Could this do more damage to XRP if it were listed, than Coinbase not listing XRP?

    If Twitter comments give any indication of the general reception, this may be Coinbase's "myspace" moment. I'm not a US resident, but if I were I would no longer choose to use Coinbase as every trade is taxed, rather than profit and loss.

    Thoughts?

    submitted by /u/xanhugh
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    Ripples real use

    Posted: 12 Mar 2018 07:07 PM PDT

    Ripple CEO Brad Garlinghouse to present at Asia Money 2020 event

    Posted: 12 Mar 2018 12:29 AM PDT

    Solving real problem.

    Posted: 12 Mar 2018 09:29 PM PDT

    I have seen countless interviews with Brad and that man knows what he is talking about. Although, I do feel as if he uses the phrase"solving real problems" as a filler to answer questions in a non direct way. It's a good saying to talk around the technicalities to what is actually being done. I wanna hear more about the teams effort going into this next phase. Wanna hear more about customers they are after and what they are doing to make that happen. New announcements are great but I wanna see a preempted attack on one of the big company's lol.

    submitted by /u/Goneaway435
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    What Market Cap really means

    Posted: 12 Mar 2018 06:31 AM PDT

    Hey everyone - I thought it would be worthwhile discussing and educating one another about perhaps the biggest mystery in the crypto-verse: Market Capitalisation. With this post I hope to address the misconceptions around it, which I think are particularly important for XRP.

    So obviously the following is just my current understanding, and part of this post is me hoping to build upon that understanding. Feedback is welcome.

    Often we see market cap used as an argument for the price of X coin reaching/not reaching Y price. This is a rather common thing to see, if not here, then more so in general cryptocurrency forums.

    I think there are two misconceptions coming into play regarding Market cap:

    • Market Cap = Supply x Price

    • Market Cap represents the amount of money invested in/put into/"captured by" an asset/coin.

    Hopefully by addressing the first misconception the second will clear itself up. (And again, critique and audit of this post is very welcome.)

    The simple formula for market cap and it's leaning on the common sense idea of supply and demand driving price is perhaps why it is so popular, but perhaps also it's downfall. The formula for market cap is:

    Market Cap = Available Supply x Market Value

    Market Value = the last agreed price for an asset on a particular exchange. Ref 1

    The ambiguity of the "price" in the common form of the formula is the sticking point. Let's say that some asset has a supply of 10 million units, and the current price on the market is $1. The market cap is $10 million. If I decide to place an order for one unit for $2, then at the moment that my order is completed, the market value (the last agreed price) is $2, which means that the market capitalisation is now $20 million!

    I have managed to double the market capitalisation by only investing $1 extra into the asset. This is of course an extreme example - however it demonstrates the disparity between the metric of "Market Cap" against the actual amount of money invested into an asset.

    In other words:

    Although it is used often to describe a company, market cap does not measure the equity value of a company. Only a thorough analysis of a company's fundamentals can do that. It is inadequate to value a company because the market price on which it is based does not necessarily reflect how much a piece of the business is worth. Ref 2

    Therefore, market capitalisation cannot be used as a valid metric to represent the amount of money within/being put into an asset, or group of assets. In fact, the only situation where the market cap does accurately represent the money invested into an asset, is when there is only one unit of that asset available (i.e. when the Market Cap = Market Value).

    In the other extreme, the larger the available supply, the bigger the disparity between market cap and invested money.

    Therefore, using market cap as an argument for some asset never reaching a particular value due to "the market cap would have to 'capture' (insert infeasible sum here)" is defunct. It is based on a flawed understanding of a metric.

    As an example: The market cap of all the world's real estate is roughly $200 trillion, whereas the world economy's GDP (effectively the amount of money currently in existence) is $80 trillion. Ref 3

    I would be interested in your opinions regarding sharing this post with the wider crypto-community (pending review and input!).

    Thanks to all who made it to the end! Apologies for no TL;DR.

    submitted by /u/Parataze
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    Money 20/20 Conference

    Posted: 12 Mar 2018 08:12 PM PDT
    Read more
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