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    Saturday, March 28, 2020

    Ripple Daily Ripple/XRP Discussion Thread 03/29/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf

    Ripple Daily Ripple/XRP Discussion Thread 03/29/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf


    Daily Ripple/XRP Discussion Thread 03/29/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf

    Posted: 28 Mar 2020 09:04 PM PDT

    Hello! It's Sunday. 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 by contacting the moderator team modmail

    We now have an official discord channel dedicated to r/Ripple: discord.gg/7Bv2rYf

    This channel is also used for r/XRP. While there are rules to follow, it will be a more relaxed environment where

    you can discuss anything related to Ripple and XRP. The channel is not affiliated with Ripple the company.

    submitted by /u/AutoModerator
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    Ripple SVP Says XRP is Not Centralized, Explains Growth Strategy

    Posted: 28 Mar 2020 06:35 AM PDT

    Is Ripple collaborating with the Chinese government?

    Posted: 28 Mar 2020 12:51 PM PDT

    Ripple is mentioned on the Nanjing Governmental website: http://www.nanjing.gov.cn/njxx/201912/t20191205_1728668.html

    submitted by /u/Glum_Jaguar
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    The only real threat to XRP hasn't even shown it's face yet.

    Posted: 28 Mar 2020 07:35 PM PDT

    1. Bitcoin is frankly permanently broken. It needs changes that simply won't come. The design of the network is such that it is now top heavy. Too many people have too much invested in the network staying exactly as it is so they can continue to make money. Bitcoin is a zombie, dead and doesn't know it yet. It would be one thing if BTC had any functional use what so ever. But it really doesn't. It's like trading beanie babies at this point. Eventually the craze is going to die and there's gonna be a lot of people with a lot of useless BTC beanies.

    2. Etherium will be big but still has a ton of problems that need fixing. These fixes have been in the works for years. And the major fix itself, proof of stake (PoS) is extremely likely to cause an entire new set of problems that will take even more years to fix. At least that's what other PoS networks have already shown us. That leaves ETH working towards an already failed solution.

    3. There are other cryptos easily as good or even better than XRP on a technical performance level that would give XRP a run for it's money.. But they're all way behind XRP on network growth. They will never catch up at this point organically on their own.

    That leads me to my point. The real threat(s) to XRP is something like Facebook's Libra or any company with an already massive network like Visa, Amazon, Google, etc. building their own crypto or adopting one of these other networks that functions just as well as XRP. Suddenly billions of people are automatically signed up to use this other crypto and they leapfrog XRP in terms of network growth.

    Ripple's growth and ability to pivot and change strategy has been amazing given what they where up against. But now the network and usage of XRP needs to grow very rapidly before a real competitor takes what Ripple has done, replicates it, and then just plugs all their pre-existing customers into it.

    There is a ton of circumstantial evidence tying Ripple to companies like Amazon, Visa, Google, Apple, and most of the central banks, etc. I just hope that even 50% of those ties turn out to be real partners.

    submitted by /u/mryoudontknowme368
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    PLEASE BEWARE - 14,000 XRP stolen from my Ledger

    Posted: 28 Mar 2020 03:00 AM PDT

    I've chosen to post this anonymously as I feel so embarrassed.

    TLDR:

    I have watched our xrp transfer from our account to an account that is currently holding over $2.5 million in xrp. This is clearly a large operation. Details below:

    Use: https://xrpcharts.ripple.com/#/graph

    Our account: rfSYXEwYre349J3tBUhPvcawU5F2EGVN9a
    The account that stole our xrp: r9sGt5vtxFcSfK2xwX3HxAMWTPTHo1ZLEg
    The whale it was transferred to: rwpMvfxoodXggJ1g4qv6MWAPQqWDwQyHUW

    The Chrome app is no longer live. I have however seen it re-uploaded this morning and have reported it. If you do a search for Ledger in the Chrome Store tomorrow morning I am sure you will see it there. Original links to said app:

    https://chrome.google.com/webstore/detail/ledger-wallet/pbilbjpkfbfbackdcejdmhdfgeldakkn?utm_source=chrome-ntp-icon

    https://chrome.google.com/webstore/detail/ledger-live/opmelhjohnmenjibglddlpmbpbocohck/related?utm_source=chrome-ntp-icon

    I'm self isolated as I am one of the many victims of Covid-19. I'm confined to a room in our house while my husband who is a key worker, continues to leave for work each day during the UK's first lockdown. He's an absolute hero, but I desperately wish our circumstances where different. I desperately wish I could just hug him.

    I have little but a laptop to keep me sane during the day at the minute, so I am frequenting Reddit often and keeping an eye on the crypto markets. Due to the situation right now money is tight, however I had worked out that by consolidating a few of our other crypto I would be able to recoup around 20% of our losses to help.

    We have our xrp stored in an offline Ledger Nano. The keywords are stored in a separate location and I knew never to divulge them to a 3rd party. Why I ended up doing just that, I can't explain or understand. I can only put it down to the constant fever brought on by the virus. Believe me guys, this isn't like flu!

    So… I begin the day by selling a load of our other crypto currency for bitcoin, sold some to help us and I then consolidate the remaining into xrp. I then load up our Ledger. It's been a while since I last accessed our Ledger (2018), and have since changed my computer. I recalled the Ledger having a Chrome extension and this is when the scam starts.

    The only ledger extension on the Chrome store is one by the name of "Ledger Wallet" or "Ledger Live". It claims to be from Ledger.com ® or Ledger Official ® and for all intents and purposes looks legitimate. It even had over 70 positive 4-5 star reviews, ranging from "Its a little difficult to operate" to "once I understood what to do it was easy".

    Once you download the Chrome extension, it will ask for the version of Ledger you are using, followed by a screen prompting you to fill in your full set of keywords.

    I sat there typing each keyword out, double checking each one and not once did I think that this app wasn't legitimate. I feel so very stupid.

    The app didn't appear to work, so I downloaded a trusted wallet instead. I thought nothing of it and continued.
    At this point our Ledger contained 14,908 xrp. My husband and I had built this up as our nest egg since 2017.

    As I started to look into transferring the small amount of xrp I had recouped that morning, out of the corner of my eye, I watched as 14,889.740739 xrp vanished from our account. The entire process took less than 8 minutes.

    Due to the virus and shock, I believe I may have then fainted. I cant be sure.

    I have since filed a report with Ripple, the FBI and my local Fraud Police. My husband has been ridiculously understanding. He says its just money and right now our focus should be on getting better / staying safe. I feel devastated.

    I apologise for how long this post is. I guess I wanted to vent a little too. I'm so upset.

    ~

    I hope you are all staying safe during this time x

    submitted by /u/xrp-stolen
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    Ripple DeFi and proprietary trading platform

    Posted: 28 Mar 2020 07:47 PM PDT

    I have read the posts on xrpchat, Xpring and Coil, but I am hungry for more details.

    Could anyone, if possible, provide more details on these two things?

    When Ripple says DeFi (XPring Logos team seems to be working on it at the moment), are we talking about lending/borrowing, staking....

    Also Ripple is actively recruiting new staff for their trading platform.

    What do you make of it people?

    submitted by /u/Cryptolexicon
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