Ripple Daily Ripple/XRP Discussion Thread 01/31/19 [Questions and Price Predictions] |
- Daily Ripple/XRP Discussion Thread 01/31/19 [Questions and Price Predictions]
- IMF Chief Praises Ripple, Says Banks Will Be 'Cannibalized' By Emerging Technology
- Brad Garlinghouse: Ripple Is Entering The Gaming Scene With A Super Plan
- SWIFT Chief Announces Integration With R3 At Paris Fintech Forum - CoinDesk
- "We are excited to announce our partnership with SWIFT to integrate gpi with Corda Settler"
- Let's Think Reasonably
- Marcus Treacher: "Can't build Internet of Value by tacking on more centralised messaging"
- One Person Can Make A Difference
- Stuart Alderoty Joins Ripple as General Counsel
- Paris Fintech Forum - Brad Garlinghouse and Gottfried Leibbrandt. Recording.
- How can XRP price increase if financial institutions use R3 Corda?
- people talk of prices of 4$ or more, but is there any talk about reducing the min wallet balance of 20xrp?
- Another article, another lost opportunity
- So Hyped
- Ripple - Key People ) Infographic (
- Live-stream Paris Fintech Forum—Ripple’s BG and Leibbrandt (SWIFT)
- Swift GPI integration into Corda Settler is NOT good news for XRP
| Daily Ripple/XRP Discussion Thread 01/31/19 [Questions and Price Predictions] Posted: 30 Jan 2019 08:04 PM PST Hello! It's Thursday. 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: Discord, and some features in our Discord:
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 after violating a sub rule, you may appeal the penalty by contacting the moderator team modmail or PM u/Bonkill [link] [comments]  | ||
| IMF Chief Praises Ripple, Says Banks Will Be 'Cannibalized' By Emerging Technology Posted: 30 Jan 2019 02:50 PM PST
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| Brad Garlinghouse: Ripple Is Entering The Gaming Scene With A Super Plan Posted: 30 Jan 2019 02:57 PM PST
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| SWIFT Chief Announces Integration With R3 At Paris Fintech Forum - CoinDesk Posted: 30 Jan 2019 02:38 AM PST
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| "We are excited to announce our partnership with SWIFT to integrate gpi with Corda Settler" Posted: 30 Jan 2019 05:57 AM PST
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| Posted: 30 Jan 2019 06:38 PM PST So with all this hullabaloo with SWIFT's integration R3 and questions swirling around asking whether or not they will settle with XRP, let's consider the following options: Banks in Corda Setter settle payments with SWIFT GPI: Payments are settled in 30 minutes or more and banks have to maintain nostro-vostro accounts worldwide. Smaller banks that do not have the capital to maintain nostro-vostro accounts do not join the network. Payments are settled faster but no network increases and capital is still locked up. Big banks make money over time. Business as usual. Banks in Corda Settler settle payments with a different (PoW) bridge asset: Payments are settled faster and unlock nostro-vostro accounts' dormant capital. The network increases because of lower barriers to entry, which increases the velocity of money worldwide. Electricity usage skyrockets, but all banks make money over time. Banks in Corda Settler settle payments with XRP: Payments are settled the fastest (within 3-5 seconds) and allows banks to unlock nostro-vostro accounts' dormant capital. The network of banks increases due to lower barriers to entry, which increases the velocity of money worldwide. XRP integration into Coil and other use cases further increases the velocity of money. All banks make slightly even more money over time, and without exorbitant energy usage. I strongly believe in competition and that the best product will win, given enough time. I'm sure there are a number of mistakes in the above summary but the point is: Over time, the banks that use XRP will outperform banks that don't use XRP. Banks that use XRP will get better margins, which will allow them to reinvest in the business and start competing against bigger banks, which will eventually force the bigger banks to start using XRP. A few additional doomsday scenarios, which are technically possible: Banks in Corda Settler settle payments with a bridge asset better than XRP: Payments are settled even faster, unlocks nostro-vostro capital, somehow has even more use cases than XRP, somehow has a larger network than XRP, velocity of money increases even more and all banks make even more money. This is technically possible, which is why we need to keep our ear to the ground and see if any other cryptos are making moves. Banks is Corda Settler settle payments with gold/precious metals and/or fiat: all blockchains are hacked, rendering the technology obsolete. But this is fine because we only invested what we can afford to lose, right? My point is to take an objective look at the list of scenarios (understand the risks, rewards and probabilities of each), give time to see which plays out, and move on with our lives. We invested in XRP seeking financial freedom, but living life in a positive way will arguably make more difference to our lives and the people around us. Rant over. TL;DR: It's only reasonable for Banks to settle with XRP, barring low-probability unforeseen circumstances. [link] [comments]  | ||
| Marcus Treacher: "Can't build Internet of Value by tacking on more centralised messaging" Posted: 30 Jan 2019 03:41 PM PST
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| One Person Can Make A Difference Posted: 30 Jan 2019 07:01 AM PST https://xrpcommunity.blog/one-person-can-make-a-difference/
One person can make a difference in the cryptomarket & that person could be you! Find out more in today's blog.
I hope you enjoy the read!
Thanks & Sincerely, -Hodor [link] [comments]  | ||
| Stuart Alderoty Joins Ripple as General Counsel Posted: 30 Jan 2019 07:43 AM PST
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| Paris Fintech Forum - Brad Garlinghouse and Gottfried Leibbrandt. Recording. Posted: 30 Jan 2019 03:06 AM PST | ||
| How can XRP price increase if financial institutions use R3 Corda? Posted: 30 Jan 2019 06:45 AM PST I understand that Financial Institutions can settle XRP transactions through R3 Corda, which means they don't use an exchange. In this case, how the volume, demand, and supply can affect the XRP price. [link] [comments]  | ||
| Posted: 30 Jan 2019 10:20 PM PST in the december peek, it cost just over 80$ usd to have a wallet (20xrp * 4.xx = $80~) people talk of price predictions of 10$ or more, which further causes problems. the 20 xrp min balance was to prevent wallet spamming, thats all fine and well, but has there been any talk to reduce this amount in the future? [link] [comments]  | ||
| Another article, another lost opportunity Posted: 30 Jan 2019 04:12 PM PST I just finished reading an article in Forbes highlighting crypto, specifically Joseph Lubin and ConsenSys and how it is going to revolutionize how we do things. Lubin says that all of blockchain is extremely slow and draws a comparison between the 24,000 transactions Visa does and the extremely low 20 that his network can do...... I wish Forbes would do a bit more research and not just do a PR job for Ethereum... [link] [comments]  | ||
| Posted: 30 Jan 2019 11:44 AM PST Hello Everyone, [link] [comments]  | ||
| Ripple - Key People ) Infographic ( Posted: 30 Jan 2019 02:24 AM PST
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| Live-stream Paris Fintech Forum—Ripple’s BG and Leibbrandt (SWIFT) Posted: 30 Jan 2019 12:59 AM PST
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| Swift GPI integration into Corda Settler is NOT good news for XRP Posted: 30 Jan 2019 01:15 PM PST As usual with Corda Settler, people here seem to not have any understanding of what it actually is, or how it works. People seem to have taken this announcement to mean that Swift will now be settling transactions in XRP. Firstly this is totally the opposite of what is actually happening, and secondly this doesn't make sense any way. At the moment customers who use Corda Settler can settle transactions with XRP, although no one is actually doing this (Corda Settler is like xCurrent but only for XRP, not xRapid). This new announcement means customers of Corda Settler can settle transactions with XRP, or by using swift GPI. So instead of settling with XRP, a customer can instead settle with Swift GPI. That's not support, it's competition. This is DIRECT COMPETITION for XRP on the Corda Settler platform, using Swift GPI. Swift GPI can settle transactions in ~30 minutes and use fiat to do it. XRP on Corda Settler might be faster and cheaper, but it requires both customers to agree to use XRP to settle the debt. Swift GPI now lets them settle in fiat. If anyone thinks I'm wrong, here's Galgitron saying the same things: https://twitter.com/galgitron/status/1090609670358814720 https://twitter.com/galgitron/status/1090614441627082752 https://twitter.com/galgitron/status/1090623035521028096 The current price rise in XRP is completely misplaced because people don't understand what Corda Settler is and how it uses XRP, or what this announcement between Swift and R3 means. Edit: with regards to competition, XRP is in a worse position today than it was yesterday. This is a step backwards for XRP, not a step forwards. [link] [comments]  |
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