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    Tuesday, October 2, 2018

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

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


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

    Posted: 02 Oct 2018 09:07 PM PDT

    Hello! It's Wednesday. 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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    Brad Garlinghouse: "XRP is Decentralized, I have no control over the XRP Ledger"

    Posted: 02 Oct 2018 04:01 PM PDT

    TransferGo: ""By changing the way we move money we actually decreased the cost by 90 percent "

    Posted: 02 Oct 2018 01:38 PM PDT

    Cory Johnson - "We're on the tipping point for mass adoption."

    Posted: 02 Oct 2018 01:35 PM PDT

    XRP Live On the TransferGo APP

    Posted: 02 Oct 2018 02:02 PM PDT

    xVia Demonstration @ Swell h/t @C3_Nik

    Posted: 02 Oct 2018 12:32 PM PDT

    $80 Billion Banco Santander Uses Ripple For Payments

    Posted: 02 Oct 2018 06:38 AM PDT

    $80 Billion Banco Santander Uses Ripple For Payments, Will Many Banks Follow?

    https://www.ccn.com/80-billion-banco-santander-uses-ripple-for-payments-will-many-banks-follow/

    submitted by /u/jaeallen35
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    Swell 2018: Report Finds Tipping Point for Mass Adoption of Blockchain Is Near

    Posted: 02 Oct 2018 12:21 PM PDT

    How & why I am confident about the xRapid announcement and not at all worried about the price action

    Posted: 02 Oct 2018 01:36 AM PDT

    Making a separate post from a comment I made on another post. Since I see many people being disappointed about the price action from after the xRapid announcement until now, asking what the difference now is if the volume doesn't increase from one day to another.

    My personal thoughts & perspective on it:

    1. The price more than doubled running up to Swell, outpacing any other cryptocurrency in September.
    2. xRapid is now in production, which does not mean that from one day to the other millions of cross-border transactions are being handled through the system. It. takes. time.
    3. The difference is, now it is a fact with testimonials from actual customers, that Ripple's product suite is working and delivering great results.
    4. Being invested in XRP is not anymore a matter of "let's see what comes out in the end", it officially turned into a matter of "this is here to stay, to grow, to become bigger and bigger and bigger".

    Personally, I couldn't be more happy. I am not afraid of this investment being a high-risk investment anymore (by my own risk assessment, own research and those news coming out). I am more sure than ever that this will pay off and that Ripple is the right candidate to be a first mover towards the utilization of cryptocurrencies in the financial sector.

    Any other coin I am holding (yes, all of them) is still for me considered as a lost investment. XRP is not anymore.
    That is the difference.

    submitted by /u/BKCCI
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    Ripple Swell 2018 Conference: Bill Clinton Completely Supports Crypto And The Blockchain Technology

    Posted: 02 Oct 2018 05:53 AM PDT

    CNBC algo lists Ripple/XRP ticker next to USD and MXN tickers instead of other cryptos. unintentional or subtle hint?

    Posted: 02 Oct 2018 12:32 PM PDT

    I had a screenshot but apparently the automod doesn't like that so here is the link. Tickers are at the bottom.

    https://www.cnbc.com/2018/10/01/ripple-xrp-cryptocurrency-product-xrapid-goes-live-for-first-time.html

    submitted by /u/I_am_Jax_account
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    More on Catalyst Corporate Federal Credit Union..credit Crypto Joe

    Posted: 02 Oct 2018 09:34 AM PDT

    RippleNet Demo's (Multi-Hop)

    Posted: 02 Oct 2018 11:40 AM PDT

    Ripple's website ranking fastest grower within the top 25 during last week (+5.31%)

    Posted: 02 Oct 2018 02:35 AM PDT

    Australian Consumer Watchdog looks at foreign transaction fees

    Posted: 02 Oct 2018 05:50 AM PDT

    This could force Australian Banks to work with Ripple to bring down their own costs and ensure they can still profit off the transaction fees!

    https://www.news.com.au/national/breaking-news/watchdog-looks-at-foreign-transaction-fees/news-story/769b059f4b8fd7a785be00018245ce46

    "Watchdog looks at foreign transaction fees

    The consumer watchdog will put foreign transaction fees under the microscope, with Australians overseas being stung more than $2 billion a year.

    Matt Coughlan - Australian Associated Press - OCTOBER 2, 2018 11:49AM

    Overseas holidays could become cheaper if a consumer watchdog inquiry into exorbitant foreign transaction fees is successful.

    The Australian Competition and Consumer Commission will look at "excessive" charges for currency conversions and overseas credit cards use.

    Treasurer Josh Frydenberg said millions of Australians were paying too much to the banks and shelling out $2 billion a year in foreign transaction fees.

    "We want to stop the rip-off," Mr Frydenberg said in Sydney.

    The ACCC will also look at charges for transferring money overseas and on prepaid travel cards.

    A customer of an Australian bank who travels overseas and spends $5000 on their credit card incurs about $140 in foreign exchange transaction fees.

    If a customer was to transfer $1000 overseas, it would cost an Australian on average around $80 in fees and exchange rate mark-ups, compared to about $60 for someone in the United States.

    "When you look around the world people pay less in the United States, in Europe and the question must be asked why isn't that the case here in Australia", Mr Frydenberg said.

    The World Bank says Australia is the third most expensive G20 country for consumers and small businesses to send money from.

    "We will be examining why major companies in Australia, including the big four banks, seem to be able to consistently charge high prices," ACCC chair Rod Sims said.

    Shadow assistant treasurer Andrew Leigh said it was three years since Labor first highlighted the high cost of foreign money exchanges.

    "While Labor welcomes the announcement that the government will adopt Labor's calls for a fairer system, we fear the ACCC inquiry announced today is too little, too late," Dr Leigh said.

    "Excessive and confusing fees have made it too pricey to transfer money for far too long."

    A report from the ACCC is due to be given to the government by May.

    WHAT FEES ARE APPLIED TO:

    * Converting money into a foreign currency.

    * Transferring money overseas.

    * The use of debit and credit cards overseas.

    * Using debit or credit cards online to make purchases in a foreign currency.

    * Transferring money to a foreign currency on a prepaid travel card." - News.com.au

    submitted by /u/freesample_69
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    Tracking xRapid payments

    Posted: 02 Oct 2018 08:48 AM PDT

    Is there some XRP Blockchain tracker, that it would be possible to track are the FI's and Banks really using xRapid? Same as other cryptocurrencies are tracked, is it possible to see with XRP?

    Thanks

    submitted by /u/Ozons99
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    Total Supply - Circulating Supply - Max Supply

    Posted: 02 Oct 2018 02:18 PM PDT

    Little confused sorry for nooby question.

    Max Supply 100B

    Total Supply 99.9B

    Circulating Supply 39.9B

    I understand XPR gets burnt so far 0.1B (MS - TS)

    However where are the 60B coins which are missing from circulation? (TS - CS)

    Will this not lower the value of XRP as they are released?

    submitted by /u/Retropug
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    Someone forgot the decimal place on an Australian exchange today, normal price is $AUD 0.76

    Posted: 02 Oct 2018 12:28 AM PDT

    Idea to grow blockchain ecosystem

    Posted: 02 Oct 2018 05:28 AM PDT

    I have been very impressed with the progress that the Ripple team has made so far. I wanted to write to you, to advise of what I think could be a massive opportunity to leverage the power of New York State to help grow the entire blockchain ecosystem.

    I'm hoping that maybe this legislative session there could be a push from blockchain companies to leverage the SUNY (public school) system to educate the next generation of talent. About 15 years ago the New York State govt basically gave away hundreds of millions of dollars to recruit nano tech companies to come to upstate New York.

    I see a direct parallel with blockchain and those resources are just sitting there. How do I know I work for the New York State government, whom would be a massive potential beneficiary from blockchain technology. If there is anything I can do to help please let me know. I am invested in XRP and several other cryptocurrencies, but I am also a believer in this technology, and feel a responsibility to encourage adoption anyway I can.

    submitted by /u/bhells88
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    SWELL DAY 1 - Garlinghouse Ripple Key Takeaways

    Posted: 01 Oct 2018 11:22 PM PDT

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