• Breaking News

    Wednesday, June 6, 2018

    Home Unlabelled Ripple Daily Ripple/XRP Discussion Thread 06/06/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 06/06/18 [Questions and Price Predictions]

    June 06, 2018

    Ripple Daily Ripple/XRP Discussion Thread 06/06/18 [Questions and Price Predictions]

    Daily Ripple/XRP Discussion Thread 06/06/18 [Questions and Price Predictions]

    Posted: 06 Jun 2018 01:11 AM PDT

    Hello! It's Wednesday. 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]

    Someone just bought half a billion XRP....

    Posted: 06 Jun 2018 05:49 PM PDT

    Coinbase, Ripple, Microsoft, Robinhood execs to speak at June 14 Yahoo Finance crypto summit

    Posted: 06 Jun 2018 09:57 AM PDT

    Swift GPI is like putting a Ferrari shell on a Model-T engine - Brad takes a shot at SWIFT

    Posted: 06 Jun 2018 02:56 PM PDT

    Ripple Smart Contracts Creator Targets Ethereum with New Tech Launch

    Posted: 06 Jun 2018 06:05 AM PDT

    XRP Ledger payment very high volume

    Posted: 06 Jun 2018 04:18 PM PDT

    The volume is very high today, currently at 807 million for 24 hours. Usually the 24 hour volume runs to less than 100 million. It looks like x-Rapid tests going on in any bank. This is a possible hypothesis. https://xrpcharts.ripple.com/#/

    submitted by /u/Markus-H
    [link] [comments]

    Ripple CEO: Major banks will use xRapid by Q4 2018

    Posted: 06 Jun 2018 01:59 AM PDT

    Stefan Thomas (@justmoon) CTO at Ripple - Codius is back! Read the announcement: Smart Contracts Made From Containers

    Posted: 06 Jun 2018 06:16 AM PDT

    SEC Chairman: Bitcoin is NOT a Security. Will not comment on other specific assets like ETH, XRP

    Posted: 06 Jun 2018 09:18 AM PDT

    Ripple does two things better than every other cryptocurrency: Partnerships and PR.

    Posted: 06 Jun 2018 12:06 PM PDT

    Kuwait Finance House is Second Kuwaiti Bank to Join RippleNet!

    Posted: 06 Jun 2018 01:51 PM PDT

    Another Kuwaiti bank has joined RippleNet, as announced by Ripple. The domino effect is upon us!...

    With so many banks and FIs signing up to use Ripple products it's only a matter of time before major adoption happens.

    XRPtheStandard

    https://twitter.com/Ripple/status/1004459195968524288

    submitted by /u/mds1992
    [link] [comments]

    Our path to listing SEC-regulated crypto securities

    Posted: 06 Jun 2018 09:20 PM PDT

    Does this announcement clear the way for coinbase to sell XRP even if it is declared a security by the SEC?

    https://blog.coinbase.com/our-path-to-listing-sec-regulated-crypto-securities-a1724e13bb5a

    Especially this bit:

    "There are now many types of blockchain-based digital assets, from cryptocurrencies to security tokens to collectibles. In the United States, some of these assets will be subject to SEC oversight. With this in mind, securing these licenses will bring us a step closer to our goal, which is to be the most trusted way for our customers to buy, sell, and use many different types of crypto assets."

    submitted by /u/Tone-man
    [link] [comments]

    Ripple Vet Lauches a Tool for Smart Contracts That People Will Actually Use

    Posted: 06 Jun 2018 08:59 AM PDT

    Brad Garlinghouse talks xRapid, xCurrent, decentralisation and so much more.

    Posted: 06 Jun 2018 03:03 AM PDT

    Ripple and Swift slug it out over cross-border payments.

    Posted: 06 Jun 2018 05:44 PM PDT

    Ripple Reviving Codius. Time Stamp at 9:57 of Video.

    Posted: 06 Jun 2018 07:22 PM PDT

    Codius Hosting

    Posted: 06 Jun 2018 03:48 PM PDT

    So I will preface this by stating I'm not the most IT inclined guy, but I do have the resources to learn and set up a server from home to act as a Codius host.

    I have a couple questions that someone with better understanding of Codius could probably help with.

    -What is the benefit of being a host? Both to the community and for the selfish reasons.

    -What kind of energy consumption would I be looking at, i.e. will this be a bitcoin mining situation where I'm blowing my powerbill and not really seeing decent returns to justify it?

    -What kind of maintenance would you be looking at? Is this a matter of setting it up, leaving it on, and letting it run, or is their daily management required to keep it running well?

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

    Thinking of pulling all of my money out of the stock market for XRP....

    Posted: 06 Jun 2018 06:19 AM PDT

    I have a seemingly large amount of money invested in 2 stocks, a pharmaceutical company that has netted me a 40% return in 2 years and a marijuana OTC stock that has netted me a 20% return in the same time frame. I could increase my XRP portfolio by a whopping 50%. I am hesitant to pull the trigger but both my head and heart are leaning towards doing so. Just curious what you guys think. All angles and advice are greatly appreciated as I weigh my options!

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

    Exchange Volume v. Ledger Payment Volume

    Posted: 06 Jun 2018 07:36 PM PDT

    If large bank start to use XRP as BG has stated, but exchange liquidity doesn't change much, will this still increase the price of XRP.

    My question comes from another post where XRP had ledger payments above $800M and retail exchange volumes were just above $200M, but price remained stagnant.

    So if all the banks do use XRP and that is only seen as payment ledger volume, will XRP price increase?

    submitted by /u/Ripple12345
    [link] [comments]

    Network visualisation of Ripple's business connections

    Posted: 06 Jun 2018 09:40 AM PDT

    Here is a data visualisation of some of Ripple's business network connections.

    https://fusiontables.google.com/data?docid=1_Ue9HgpCJF_Z2x4TrZANO8r4YZGx4A7qBADbnHGV#chartnew:id=6

    Based on crowdsourced data from

    rppl.info

    and

    https://www.youtube.com/watch?v=Yeai0sIGumk&t=306s

    The connection to SBI looks like a rising sun :)

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

    Questions about Codius (payment + security)

    Posted: 06 Jun 2018 03:03 PM PDT

    Codius being reintroduced was a given. The question was when, and it seems the answer was today.

    Now I have 2 things that are not clear to me right now and I hope someone might know this:

    • How is paid for the running of Codius smart contracts? Is it in XRP?

    In a codius example I found this json data from running a smart contract:

     {

    url: 'http://lg6gjhhh2b3if2tzpbms6cr3hdmh7dixa2v4an6pz4tdxdmqtjpa.local.codius.org:3000/', manifestHash: 'lg6gjhhh2b3if2tzpbms6cr3hdmh7dixa2v4an6pz4tdxdmqtjpa', host: 'http://147.75.69.179:3000', expiry: '2018-06-06T00:45:57.101Z', expirationDate: '06-05-2018 5:45:57 -0700', expires: 'in 2 minutes', pricePaid: '381' }

    I would assume Codius uses XRP (drops) for running smart contracts? I mean we have the ILP so you can basically pay with whatever crypto you want but I'd think it'll still pass through XRP, right?

    Also I've read that it uses sort of a wallet. I assume they won't have tons of wallets for all cryptos but that this would be just an XRP wallet?

    • From first impression it's basically a docker container being pushed to someone who hosts the infrastructure to run it. What prevents the container image from being maliciously manipulated? Just curious how this works (especially with the wallet that's in that container?). With other chains these smart contracts are on-chain and therefor immutable and cryptograhically signed. I have to admit I do know very little about smart contracts in general. Just trying to understand.

    Codius seems like a very important step for making XRP even more successful and making sure that there's a full product suite.

    My sources were these Medium articles:

    https://medium.com/coil/codius-smart-contracts-made-from-containers-b3b16c3e3890

    https://medium.com/codius/running-a-simple-react-app-on-the-codius-smart-contract-platform-7ddefce8cb06

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

    Bitcoin is not the 'panacea' people thought it would be, Ripple CEO says

    Posted: 06 Jun 2018 07:23 AM PDT

    Someone Needs to Make a Tutorial Video (How to Run Your Own Codius Host)

    Posted: 06 Jun 2018 07:37 AM PDT

    Seriously would love to set one of these up when the time is right but this is way out of my league at the moment. Think I need to start studying more, lol.

    If anyone does take this route in the future they should definitely make a how to video documenting the whole process this would greatly help the community.

    https://medium.com/codius/how-to-run-your-own-codius-host-42e13afe1fb2

    submitted by /u/raby510
    [link] [comments]

    Weiss ratings are trash; We're ahead by a landslide; Vote anyway :p

    Posted: 06 Jun 2018 02:50 AM PDT

    Why I consider buying XRP lottery and why I did that anyway

    Posted: 06 Jun 2018 02:00 AM PDT

    Please forgive me my english skills, it's not my primary language.

    First thing - I've just bought my first XRPs and I plan to buy more in the future.

    Second thing - I thing XRP ledger has unique position as it already is being adopted as valid tool, it's not just pipe dream, joke or neckbeard fantasy.

    Having those in mind I still consider buing XRP participating in lottery. It is not an investment for me, as there are numerous obstacles that XRP has to cross to become real thing, according to me of course.

    Number one: whole technology can be caught in some kind of "catch 22" hell. Banks are not first adopters of any tech, they use concepts and system proven to be secure and stable. XRP will have hard time proving this because companies that could become those first adopters (like third party payment processors) and deliver proof of system being safe and usable, are the ones that are threatened by XRP existence. Western Union could use XRP, but adopting XRP will probably erase need for this company to exist in the first place. I know about all those projects being currently developed, but all of them are just breadcrumbs when compared to the biggest banking operations on the planet. It can take years to reach the biggest banks.

    Number two: regulators. Banking industry is heavily regulated, and for a good reason. Tax avoidance, money laundering - you name it. Adoption of the XRP ledger will require strict cooperation with authorities, and I mean plural - numerous authorities. It will be extremly tedious work against status quo. What is funny - adopting XRP can increase transparency as it will be harder to obscure source of money behind unpenetrable tax haven accounts. What is funnier - it can cause XRP to fail, big fish don't want that kind of transparency. Another thing to consider is the fact that adopting XRP != XRP being traded on the free market. The idea to create artificial currency to deal with cross border transfers is not new, it was used by Eastern Block countries from 1964 to 1991under the name Transferrubel and it was yet another system with it's own pitfalls and merits. I can imagine situation where XRP is being widely adopted and to secure lack of volatility and constand supply it is being pulled out of private circulation by some variant of forced buyout.

    Number three: price. Let's assume we managed to overcome first two obstacles. XRP is standard, is regulated, transparent technology, but still in hands of ordinary Joes. The biggest banks on the planet use it... And the price is around $2 for single XRP. Is it possible? Yes, I think it is. It all depends on the speed of processing the transactions and quality of software. The better the software and infrastructure behind ledger, the more value single XRP can carry per hour. The more value single XRP can carry per hour the less it has to be worth. Sounds counterintuitive, but I believe it's true. Furthermore supply and demand tend to work in funny ways in the places where the biggest entities on earth operate, it's not law of physics, more like a guideline ;)

    But despite all of those doubts and risks I bought XRP. Why? In 2011-2012 I was considering buing BitCoins. Just some small amount, IDK, maybe 300, maybe 500. I still think about it sometimes :) I had a gut feeling that risking some spare change can be good idea. Now I have the same feeling. I intend to buy fixed amount of XRP and hold it for years to come. If it will perish, I will lose some money, not too much to make any big difference in my life. If it crawls and stops at mentioned $2 - well, I earned some money. If it explodes, I want part of it, just enough to fly on the moon in my lambo :D

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

    Best Place to Buy with Credit / Debit Card

    Posted: 06 Jun 2018 08:38 AM PDT

    Hello,

    I have used Bitstamp in the past to purchase XRP and I have the urge to buy again.

    When I try to purchase with Bitstamp, it always says that: Unfortunately your card transaction has been declined by your bank."

    I have called the bank and their fraud dept said that they enabled purhases to Bitstamp, but I still get this message.

    I signed up at Uphold but and am in the process of transferring money from my bank account, but they limit me to $500.

    Is there another good exchange that I can purhase XRP with my credit/debit card that doesnt have that Verified by Visa / 3D Secure feature?

    Is there anything else I can try with my bank?

    Thanks in advance.

    submitted by /u/Klontarf
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment