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    Sunday, August 5, 2018

    Ripple Daily Ripple/XRP Discussion Thread 08/06/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 08/06/18 [Questions and Price Predictions]


    Daily Ripple/XRP Discussion Thread 08/06/18 [Questions and Price Predictions]

    Posted: 05 Aug 2018 09:07 PM PDT

    Hello! It's Monday. Welcome to our daily discussion thread.

    You can discuss anything related to Ripple and XRP here.

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    submitted by /u/AutoModerator
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    We are excited to announce our acceptance of XRP! Customers can now buy from nearly any online retailer with XRP! What does the Ripple community think of our addition?

    Posted: 05 Aug 2018 08:35 AM PDT

    Forbes is looking for The Fintech 50 2019

    Posted: 05 Aug 2018 11:44 AM PDT

    I just did it, took maybe 2 minutes to fill out their form. We all know Ripple deserves a spot and Forbes is well enough known around the world that Ripple will benefit from being added.

    It's quite likely that many Forbes readers are already aware of Ripple but there's no harm in covering bases and I'm sure Ripple would love the recognition of their efforts.

    https://www.forbes.com/sites/jeffkauflin/2018/07/31/what-are-your-favorite-fintech-companies-forbes-fintech-50-call-for-nominations-2019/amp/?__twitter_impression=true

    Edit: in -> I'm

    submitted by /u/toieo83
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    If you build it they will come - Institutional Money

    Posted: 05 Aug 2018 07:52 PM PDT

    Has anyone noticed how easy it is to buy xrp on Wirex ???

    Posted: 05 Aug 2018 09:53 PM PDT

    Basically took me 5 minute to get verified. 1 minute to enter credit card info. 20 seconds to buy XRP at a rate that is just 1-2% above market. 20 seconds to withdraw the xrp to wallet.

    Beats any other provider hands down for debit/credit card purchase.

    I don't see where we need coinbase now for retail fomo credit card buys... The fees are much better and the app is so slick.

    Forgot to comment on the other aspects : The app in itself is a secure wallet with addresses you can share with your friends to exchange coins quite conveniently. You can also order for 1.2 euro per month fee the wirex debit card that will spend the crypto into your wirex wallet to pay for merchandise on internet and real life with NFC or PIN code like a classic card. You get 0.5% of your purchases in cashback as satoshi up for your first 50 euros per day spent with the card.

    submitted by /u/rocksodr
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    A different Perspective - PoC and the Bank of England

    Posted: 05 Aug 2018 03:41 AM PDT

    Every now and then you read something you have read before and it changes the way you see things. I recently went back to the Proof of Concept trial conducted by the Bank of England and Ripple in using ILP for retail and corporate transactions. They found that ILP was successful in every facet they were looking into including failed transactions.

    One of the key take away from the trial was incorporating ILP into whole-sale and cross-border payments. Below is the last bullet point in the paper:

    Cross-border payments when applied to wholesale markets present different challenges than when compared with retail and corporate transactions, which the Ripple product is designed to handle. The availability of liquidity is one such challenge, and the PoC allowed the Bank and Ripple to begin exploring these questions.

    Time flew by.........and Ripple began to sing another tune. They focused more on liquidity providers and pushing XRP ledger. Rebranding XRP as a standalone brand, xPring came into force encouraging start-ups to jump into the liquidity pool, encouraging liquidity providers to use XRP as the base pair and even going above and beyond by creating management positions and hiring people to achieve that goal.

    The questions that arose from that trial with the Bank of England and Ripple are beginning to be answered. Ripple is moving in the right direction. A few days ago they released 2 videos showing their commitment to answering those questions from the BoE and we have all seen those videos however I'm not sure if we have viewed them in the context of that PoC with the BoE. The next question, when the challenges the BoE highlighted are resolved, what will the Central Bank do then?

    submitted by /u/Jarwanator
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    The Ripple Drop - Episode 3

    Posted: 05 Aug 2018 09:52 PM PDT

    A Different Perspective About Ripple Not Using XRP in Every Product.

    Posted: 04 Aug 2018 11:14 PM PDT

    I see a lot of XRP hodlers get upset when they see Ripple announce company news and product news unrelated to XRP adoption.

    I actually view company making money off non-XRP related products as a good thing. If they have more alternative cash-flow, that means they have to sell less out of escrow every month. I also think the fact that they don't sell the maximum amount out of escrow every month means they realize XRP is undervalued, and that they would rather hodl then sell it all.

    Just some ranting and thinking out loud. This flat lining has provided a lot of time to think about their gameplan

    submitted by /u/QBcrusher
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