• Breaking News

    Monday, October 8, 2018

    Ripple Daily Ripple/XRP Discussion Thread 10/09/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 10/09/18 [Questions and Price Predictions]


    Daily Ripple/XRP Discussion Thread 10/09/18 [Questions and Price Predictions]

    Posted: 08 Oct 2018 09:06 PM PDT

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

    You can discuss anything related to Ripple and XRP here.

    Before posting, read the r/Ripple rules on the sidebar and also check out the thread containing helpful links: https://redd.it/7l94ng

    If you see any rule-breaking content, please report it.

    Here's a list of social channels:

    Telegram

    Discord, and some features in our Discord:

    • Tweets from ripple official, staff, community contributors and many more;

    • Multi-language chat rooms for Ripple supporters all over the world

    The invitation link - https://discord.gg/qgfVERN

    We use public mod logs to ensure transparency in the subbreddit. If you have been suspended or banned due to a rule violation, you may appeal the penalty by contacting the moderator team modmail or PM u/Bonkill

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

    Some basic math for a “realistic” EOY price prediction

    Posted: 08 Oct 2018 04:10 PM PDT

    In roughly 13 months (Jan. 2017 to Jan. 2018) we experienced the price of 1 XRP go from $.006 to $3.80. This is a 63,233.33% increase. Sounds ridiculous, but this the reality.

    Most of the year was stagnant around $.20, with the majority of volume being between Dec. - Jan (Just two months!). As we know, this was all driven by retail investors and speculation.

    If we followed the same % increase for EOY 2018/early 2019 bullrun at our current price.

    $.48 x 63,233.33% = $304

    That sounds crazy, but if we were able to get a 63,000% increase JUST from us retail investors.. why is it so hard to believe that XRP can be worth more than $5 or $10 (which is what so many people say is the "cap" and when they will cash out".

    There are more people who know about XRP now, and 2018 has been a year of progress, developments, and the strengthening of Ripple NOT only in the crypto space.. but also with institutional investors. We can get $304 if we repeat the same pattern.. except now we will account for the volume xRapid, xVia, xPring, Coil will bring to the table.

    With that said.. This is why I cringe when people swear that we will "never pass $10". $3.80 to $10 is a measly 163.16% increase. How do we go from 63,233.33% in 2017, and yet many people expect only 163.16% after xRapid and RippleNet goes live?

    Thoughts?

    please don't take this as financial advice! Meant to be a fun discussion to run off with and to get everyone's input & perspective

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

    What We Don't Know

    Posted: 08 Oct 2018 04:17 AM PDT

    https://xrpcommunity.blog/what-we-dont-know/

    Lots to discuss in today's blog covering the latest XRP News - along with some intriguing possibilities:

     

    For 𝗥𝗶𝗽𝗽𝗹𝗲, Money Tap goes live, iRemit signs on to RippleNet, and Blockchain Week in San Francisco gets started.

    For 𝗖𝗼𝗶𝗹, version 2 of ILP is released, and Coil publishes their new official 'partner list' for those that are curious.

    For 𝗫𝗥𝗣, ForEx platforms are all rushing to be the first to add XRP derivatives, and a new wallet application adds support for XRP as one of its first endeavors.

     

    I hope you enjoy the read & please leave any feedback below!

     

    Sincerely,

    -Hodor

    submitted by /u/Hodor7777
    [link] [comments]

    Stay Grounded - Ripple/Temenos/Swift

    Posted: 08 Oct 2018 04:35 PM PDT

    Hey Everyone,

    The rumor mill is going crazy again, there even appears to be some dots to connect regarding this stuff and I am the first one to to say I love a good conspiracy theory.

    Amidst all this hype and the upcoming events I just want to remind everyone to only invest what you can afford to lose.

    Just keep in mind that if you and I are "connecting the dots" on some of these left field theories dont you think the "powers that be" would have already?

    Ripple is sitting at .491 at the time of this post and I can't help myself but ask if Ripple was absolutely already built into the backend of Swift through Temenos, wouldn't we already be sitting at $10+ because someone somewhere would be loading their pockets?

    Don't get me wrong I hope I am wrong and we find out that 11,000 banks are going to go online with a whitelabled ripplenet via Swift but I just hope everyone keeps their expectations tempered.

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

    When you are running a marathon, don't worry about how sprinters are doing. Or how sprints are run.

    Posted: 08 Oct 2018 01:10 PM PDT

    Being investors in XRP ecosystem, this is one rudimentary thing that all of us need to internalize. Whatever happens to the price of XRP during a 12 or 24 hour period or even a week or two is a thing we need to be least bothered about. Let's just zoom out & look at the price charts for past 6 month or 1 year period and we shall see how the efforts of Ripple the company's team & the flag bearers of XRP community have bore fruit till now & will continue to do so in future. It seems like it is inevitable now.

    Just three weeks back, all of us were in exceptionally high spirits with XRP rising 100% in 3 days. Then the price held on for sometime & has slumped since then. On similar lines, there has been a noticeable & correlated decrease in participation of the community here during this very short period of 3 weeks.

    Let's take a leaf from the lives of the crazy richlist of the world. During the month of September 2018, 9 out of the 10 richest persons in the world lost billions of dollars (notionally) because of weakness in global markets. Do you think they freaked out & turned negative? I like to believe that they didn't. After all, they did not reach where they are by keeping in mind a time frame as short as a month.

    Deep down all of us know that XRP is a 2-3 year game, atleast for the gargantuan value that we dream of. Did someone just say 589? :P Keeping jokes aside, let us all not be perturbed by the din of the everyday price movements. We know the value of our investments. It's only a matter of time when the market price will catch up with value.

    Peace & prosperity to all.

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

    XRP petition to be official Tokyo 2020 Olympic currency, WTO report on digital currencies...

    Posted: 08 Oct 2018 09:21 AM PDT

    Ripple to Exhibit RippleNet at SWIFT Sibos Conference Oct 22-25, Sydney, Australia

    Posted: 08 Oct 2018 05:37 AM PDT

    SWIFT gpi Document API 3rd Party Application + Tokens, Internet & Immediate / Ripple Integration? (crypto Eri Youtube video)

    Posted: 08 Oct 2018 10:57 AM PDT

    Ripple Asia Interview: "Japan Was the King of the Mobile Internet, and Then We Were Disrupted"

    Posted: 08 Oct 2018 08:37 AM PDT

    How did this sale happen?

    Posted: 08 Oct 2018 08:20 PM PDT

    SWIFT: How America's Use of Economic Warfare Could Spark a Currency Crisis

    Posted: 08 Oct 2018 03:19 PM PDT

    CEO of LCX Thanks Ripple and Ripple SVP of Xpring Ethan Beard for Support

    Posted: 07 Oct 2018 10:17 PM PDT

    Busting The SWIFT Hype

    Posted: 08 Oct 2018 09:47 PM PDT

    Blockchain to cut new home prices in half

    Posted: 08 Oct 2018 09:04 PM PDT

    My Thoughts On SWIFT and Ripple

    Posted: 08 Oct 2018 02:33 PM PDT

    Research about the most relevant determinants in cryptocurrency adoption.

    Posted: 08 Oct 2018 09:38 AM PDT

    Hi everyone,

    We are a research team from the University Institute of Lisbon (ISCTE-IUL), in Portugal, and during the last weeks we've been collecting responses to our questionnaire but still need 30 more answers to achieve the 200 target.

    Here is the link if you want to contribute, it takes on average 3 minutes: https://www.surveymonkey.com/r/cryptocurrencies_usage

    The detailed results with infographics and the most important conclusions of the study will be published by the end of October (estimation).

    More details if you want to read:

    Regarding the construction of the questionnaire, it was based on Likert type scale questions. We considered 10 different dimensions, from perceived usefulness to privacy to profitability, among others. It has some focus on the financial area, but this does not mean it is the most important. We know there are some other dimensions not being addressed in this questionnaire, such as decentralisation/government influence, that may be addressed in the future.

    Your input is really important for this research and to help us and other researchers boost academic knowledge in this area.

    There are no open questions, but you can message me or post in the comments if you feel so.

    Thank you all for your participation!

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

    Question on Market Makers profit scheme

    Posted: 08 Oct 2018 08:34 AM PDT

    How do market makers profit off of providing liquidity for banks and FI?

    I read one article where some of them will use arbitrage. But I assume that their main profit would be expected to come simply from selling XRP for slightly more than they are buying it for. But I am worried not much opportunity to make money there, because:

    1) High competition with other market makers will mean very high liquidity on both sides (buy/sell), and thus very small difference between buy and sell prices (small profit percentage)

    2) Exchange fees

    I am wondering if for #2, there will be exchanges with even lower fees than Binance, for example, where XRP can be traded? Don't some DEX have no fees while trading? Even then though, i am worried the profit percentage would come down to simply the lowest possible denomination of the exchange.

    I think this is an important question to ask, because it is what will be useful in determining the price valuation for the XRP token, since only market makers are likely to actually hold XRP - banks and FI will simply use it for transfers, buying and selling the same amount, meaning they will not affect the price of the token themselves.

    submitted by /u/mekane84
    [link] [comments]

    Ripple (XRP) Is Down Almost 20% In Seven Days -- Here's Why

    Posted: 08 Oct 2018 03:33 AM PDT

    No comments:

    Post a Comment