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    Monday, May 7, 2018

    Ripple Daily Ripple/XRP Discussion Thread 05/07/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 05/07/18 [Questions and Price Predictions]


    Daily Ripple/XRP Discussion Thread 05/07/18 [Questions and Price Predictions]

    Posted: 07 May 2018 01:15 AM PDT

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    submitted by /u/AutoModerator
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    Rippled pushed to 1.0 RC1

    Posted: 07 May 2018 04:06 PM PDT

    What has this thread come to?

    Posted: 07 May 2018 11:38 AM PDT

    This thread is starting to look like /r/cryptocurrency. Half the posts on the front page of this subreddit are non Ripple/XRP related.

    Then we have the ridiculous posts that honestly no place here, have no sourcing, pure speculation. Every time we see a 5% drop we have the "Is this the right time to invest in XRP" posts and when we see a rise we see the "Why Ripple will take over SWIFT".

    I've honestly stopped coming here as much as just use XRP Chat. The mods don't seem to do anything about it despite how many times I report posts for not being Ripple related.

    This subreddit should be kept 100% Ripple News/XRP news/Analytical posts from the likes of Hodor and other contributors.

    submitted by /u/King_Tommm
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    Ripple and XRP mentioned in a new Harvard Business Review article on financial sector disruption

    Posted: 07 May 2018 12:57 PM PDT

    Why Ripple is Raging Through the Headlines Right Now

    Posted: 07 May 2018 08:49 AM PDT

    Seems as though the SEC news was a twist by the media, and was probably just the FDIC forum.

    Posted: 07 May 2018 02:04 PM PDT

    There has been no proof of any SEC gathering/hearing. People on twitter even called the SEC lol. Good news is the FDIC meeting today went great, all the bank and FI representatives on the panels stated DLT is the future for them and that it is better than revolutionary, "it is more transformative".

    submitted by /u/mikenard77
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    UK Parliament hearing: The Ripple critic worked for R3, a major competitor that is suing Ripple developing a ledger that is "not a blockchain"

    Posted: 07 May 2018 04:43 AM PDT

    SWIFT: "Cryptocurrencies will not solve delays in international payments"

    Posted: 07 May 2018 08:02 AM PDT

    @Ripple: .@JoelKatz talks #blockchain and digital assets with @jdrive, @samcassatt and Mark David Bakacs on a panel moderated by @cryptocoley at Ripple HQ for #YPOInnovationWeek. https://t.co/KCkJKhCJXO

    Posted: 07 May 2018 06:03 PM PDT

    Coindcx lists XRP with contest, it has same liquidity of Binance. Sadly, Registrations open only for Indians

    Posted: 07 May 2018 06:18 AM PDT

    Reminder: "With the BitLicense in hand, we look forward to working with our New York bank customers seeking to use XRP for liquidity and cost savings." - Chris Larsen

    Posted: 07 May 2018 05:18 AM PDT

    xrp from paper storage to online?

    Posted: 07 May 2018 09:33 AM PDT

    anyone have any experience or can point me in the right direction? i have read users who lost xrp trying to send via toast, gatehub, and minimalist ripple client. any help is greatly appreciated! :)

    submitted by /u/CosmicGod33
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    Potential Conflict of Interest? UK Parliament Blockchain [and Ripple] Critic Worked For R3

    Posted: 07 May 2018 10:45 AM PDT

    Final SEC info

    Posted: 07 May 2018 08:31 AM PDT

    There is so much confusion out here. Can someone please confirm the following questions with the right answers?

    1. When is the hearing/announcement of the SEC? (Source please)
    2. Is the SEC talking about ETH only, or Ripple and its XRP as well? (Source please)
    3. Is there a stream available?
    4. If XRP is considered a security, what would that mean? (NO FUD, just thinking out loud. Personally will keep hodling)

    Thanks in advance!

    submitted by /u/Azebendja
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    Do Customers Using xRapid Pay Exchange Fees?

    Posted: 07 May 2018 12:19 AM PDT

    I understand that xRapid sources liquidity directly through exchanges.

    When I trade XRP through an exchange, I pay a 1% fee so I'm wondering if big financial institutions would also pay this fee using xRapid or does the software bypass the retail exchange fees?

    submitted by /u/EarthRocker_
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    Here is Why Warren Buffett is Already Invested in Ripple(XRP)

    Posted: 07 May 2018 04:57 AM PDT

    Warren Buffett was at it again this week touting his disdain for the cryptocurrency market. Having famously warned of the markets impending "bad ending" some months ago, the investment guru is back in the headlines slamming none other than Bitcoin (BTC). Pulling his punches from the entire crypto-scene and focusing on Bitcoin (BTC) may just mask the fact that, indirectly at least, Warren Buffet is already invested in the tech behind the most famous of altcoins, Ripple (XPR).

     

    While Mr. Buffett scoffs at the list of overvalued companies representing the majority of cryptocurrencies, his words against Bitcoin (BTC) this week speak volumes to his investment strategy. In an interview with Yahoo Finance, Buffett remarked, "If you buy something like Bitcoin or some cryptocurrency, you don't have anything that is producing anything, you're just hoping the next guy pays more." And while he openly admits he doesn't really know much about the various budding blockchain technologies, he has mentioned in the past that he would buy five year puts on every one of the cryptocurrencies. However, when taking in the investment strategies of the Oracle of Omaha, a closer look reveals that this 'buy and hold' strategist has a number of positions that seem to contradict his opinions concerning the altcoin scene.

     

    Warren Buffett is invested directly in a number of financial institutions. From Bank of America to Wells Fargo, these long-term holds make up a sizable portion of the latest traded stocks in his portfolio. And while Bank of America may have recently admitted that cryptocurrencies represent a threat to their business model (amazing considering these coins don't produce anything /sarc) others on his list are experimenting with crypto-systems as a way of reinventing payments.

     

    Examples of financial institutions using blockchain technology, and specifically Ripple (XRP), to facilitate cross-border transactions should not be news to anyone anymore. Ripple (XRP) is in use by over 100 of these institutions in an ever-growing list of users and partnerships. And as these experiments take hold, revolutionizing payment systems across the globe, the solid product that Ripple (XRP) represents seems to fly in the face of old Buffett's stark warnings.

     

    One such example lies with the Bank of New York, Mellon (BNY Mellon). In a recent report, this institution (of which Buffett is or has been directly invested in) expresses optimism in distributed ledger technology. Seeking to 'reinvent payments,' BNY Mellon sees potential in using blockchain technology to deliver a global payment experience within the decade. And the Bank of New York doesn't stop there, indeed they call out Ripple (XRP) and their interledger protocol as a potential standard in the technology.

     

    So as Warren Buffett narrows his attacks from the cryptocurrency market as-a-whole to Bitcoin (BTC) specifically, it may be that he is realizing that without needing to invest in any specific coin company, the market itself, and namely Ripple (XRP), may be boosting the shares of his direct stock picks in the banking industry.

    submitted by /u/nitbopi
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    If the SEC deem XRP to be a security, it will mean every XRP transaction must be taxed, which would render XRP completely useless

    Posted: 07 May 2018 03:39 AM PDT

    There's a ton of reasons why the SEC should not label XRP a security, and I'm sure they would be told the ramifications of categorising XRP as a security (ironically, labelling the asset a security would kill its.....err...uses).

    submitted by /u/andwhatjusthappened
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