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    Tuesday, October 30, 2018

    Ripple Daily Ripple/XRP Discussion Thread 10/31/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 10/31/18 [Questions and Price Predictions]


    Daily Ripple/XRP Discussion Thread 10/31/18 [Questions and Price Predictions]

    Posted: 30 Oct 2018 09:06 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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    Ripple made my commercial!

    Posted: 30 Oct 2018 09:44 AM PDT

    For context:

    68 days ago I posted here suggesting that Ripple make a commercial where they demonstrate how it's faster to fly money around the world - here's the original post:

    https://www.reddit.com/r/Ripple/comments/99fj04/it_would_be_cheaper_to_fly_the_money_to_london/e4p6kjj/?context=3

    Well, they actually did it! Here's their latest ad:

    https://mobile.twitter.com/ripple/status/1057302054606012417?s=21

    Cool, right?

    submitted by /u/LOSFan4
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    Swiss-based Lykke Exchange has listed $XRP today!

    Posted: 30 Oct 2018 12:58 PM PDT

    SBI Group Financial Results Report: SBI Virtual Currencies timeline & asset management plans for institutional investors

    Posted: 30 Oct 2018 02:57 PM PDT

    SBI Group today released their financial results report for the six-month period ending on September 30, 2018.

    ---

    Personal finds & highlights:

    Slide 137 onwards:

    Strategies for expanding and developing cryptocurrency markets

    Supporting expansion of actual demands in cryptocurrencies:

    - Advancing the usage for remittances, trade finance, settlements & payments=> Promoting use in settlements via cryptocurrencies (XRP, Bitcoin Cash, Own-token) for the SBI Group's EC-related portfolio companies and partners

    Offering new cryptocurrency trading opportunities to institutional investors:

    - Establishing a fund assembled from cryptocurrencies (SBI Coventure Asset Management)

    - Supplying market information on cryptocurrency (Morningstar Japan)

    - Creating a cryptocurrency derivatives market

    Digital asset financial ecosystem approaching completion

    SBI Virtual Currencies Implements a Variety of Services and Functions to Meet User Needs

    12/2018: Start of acceptance of cryptocurrency deposits and and withdrawals

    03/2019: Start of exchange model + Start of leverage service

    Slide 148:

    c. Asset management (for institutional investor)

    Accelerating Cryptocurrency Fund Business with CoVenture Holding Company, an U.S. Asset Management Company

    70% SBI Group | 30% CoVenture Holding Company

    => SBI CoVenture Asset Management to manage funds investing into cryptocurrencies through SBI Virtual Currencies exchange

    ---

    Full presentation: http://www.sbigroup.co.jp/english/investors/disclosure/presentation/pdf/181030presentations.pdf

    submitted by /u/BKCCI
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    Better, Faster, Cheaper: Ripple Exec Claims XRP is 'Bitcoin 2.0'

    Posted: 30 Oct 2018 06:54 PM PDT

    CMC Markets adds bitcoin cash, litecoin and XRP to cryptocurrency offering

    Posted: 30 Oct 2018 08:08 AM PDT

    Ripple Giving back- Great Article about Ripple & How to move money Internationally within 4 seconds

    Posted: 30 Oct 2018 02:55 PM PDT

    Ripple : Dilip Rao At Global Islamic Economic Summit 2018

    Posted: 30 Oct 2018 08:00 PM PDT

    Cory Johnson. UnboundMiami

    Posted: 30 Oct 2018 03:29 PM PDT

    Traces of adoption - A summary of institutional investors already getting into the crypto space

    Posted: 30 Oct 2018 08:30 AM PDT

    [Discussion] Seeing people tipping XRP made me think about the idea of 'virtual goods and services'

    Posted: 30 Oct 2018 05:41 AM PDT

    For starter, I think tipping is great to raise awareness :D

    This made me think a little bit though - tipping is a start, and XRP already has 'transfer of value' as utility. It made me wonder if it would work as a currency as well in the future as in something that represents 'purchasing power'. I was pondering about this idea of 'virtual goods and services' that solely exist on top of XRP without dollar value attached to them, but just the XRP value. I wonder if there's any type of product/service (most likely digital-related) which is suitable to such idealistic model?

    Something like Bitcoin Superstore still has dollar-value attached to the products, so we basically still think in terms of the dollars. In this case, I think the purchasing power doesn't actually lie in XRP (or cryptocurrency in general), but in the dollar instead. It would be nice if people start providing some things only accepting XRP coins regardless of the value of XRP in dollars (products exclusive to XRP) - this way we're actually creating another form of demand for the currency. Is this even feasible? Would people still tip 1 XRP if it's worth say 5,000 USD?

    I'm not very knowledgeable about economy but, if there are no products and services, there is no purchasing power. What do you think? and please correct my line of thoughts and assumptions - I just want to share my thoughts and I don't know much about currencies and hoping to learn along the way. Just food for thought

    submitted by /u/rcklmk_id
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    Warren Buffet recently started to invest in fintech startups. Ripple should definitely reach out to Buffet and BH and pitch. I know the chances are slim, but they should give it a try!

    Posted: 30 Oct 2018 12:17 PM PDT

    Hello all! Question about XRPtipbot again :)

    Posted: 29 Oct 2018 11:28 PM PDT

    I wanted to ask if anyone has used the tipbot for "community chat" rooms on reddit? I know that we can leave replies to comments we love on threads but can we actually give tips to someone on live chats in the communities? I've scoured reddit for this and found nothing thanks in advance!

    submitted by /u/CEERNunnos
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