• Breaking News

    Friday, December 25, 2020

    Home Unlabelled Ripple Daily Ripple/XRP Discussion Thread 12/26/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf

    Ripple Daily Ripple/XRP Discussion Thread 12/26/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf

    December 25, 2020

    Ripple Daily Ripple/XRP Discussion Thread 12/26/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf

    Daily Ripple/XRP Discussion Thread 12/26/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf

    Posted: 25 Dec 2020 08:04 PM PST

    Hello! It's Saturday. 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
    [link] [comments]

    Just some friendly reminders

    Posted: 25 Dec 2020 04:02 PM PST

    Amidst this SEC debacle I'm reminding myself of some points:

    • XRP is a real technology with real use-cases.
    • Ripple has very competent professionals running it (especially David Schwartz, who I think is a genius in a space of geniuses)
    • Ripple has been very transparent about how they manage their XRP war chest. (basically, the SEC wants more detail, i.e. Garlinghouse's and Larsen's pile)
    • XRP is not a security. (if XRP is a security, then Oil is a security and orange seeds are securities)
    • Yes Ripple accelerated partnerships through incentives, but the partnerships were formed based on genuine interest in the products that Ripple provides. (I thought it was very impressive when Ripple formed partnerships with big names because I KNEW that big names won't even answer your calls unless they see big potential -- names like MoneyGram and Bank of America care more about their reputation than about a few million USD incentive.)
    • Ripple has been begging SEC for years on regulatory clarity, and have actively engaged with regulators about crypto. (They've received clarity in other jurisdictions, which is why this SEC situation is such a shock!)
    • Let's not forget that large investment firms invested in Ripple, e.g. Google and Santander. (Why would they take that reputational risk unless they see real potential?)

    All this is to say that it's very doubtful that SEC will lay an iron fist down on Ripple. It will be a long a grueling process with ups and downs and no one will know the final outcome. But even in the worst-case scenario and Ripple is dissolved, I would immediately pivot to others who are building in the space, e.g. Flare Networks and Coil, and we all know the gains after that dip will be massive. Best case scenario, regulations are clarified for Ripple and big investors come back in (if they aren't already buying) as XRP catches up to other coins and Ripple continues to build on the already immense progress they've made so far.

    I'm not saying the best case scenario will play out, all I'm saying is remember why we invested in the first place.

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

    Bitstamp will halt trading for US Customer

    Posted: 25 Dec 2020 08:33 AM PST

    XRP bag holders in 2020

    Posted: 25 Dec 2020 09:04 PM PST

    To reformed XRP haters: what made you convert?

    Posted: 25 Dec 2020 08:05 AM PST

    I ask this question because I am reading crypto Twitter people practically parading in the streets for XRP's downfall after the SEC news. People laughing at XRP holders. It's brought out the silent majority of haters that now feel safe to shit on XRP. I find it interesting. I'm in a TG group of about 50 people and I'm pretty much the only one correcting XRP FUD. No one says "oh wow thanks for the correction"...just silence and pivot to the next FUD talking point hours later. I was always indifferent on XRP so the transition to supporter only required me to actually study the token.

    So at what point did you go from blindly hating XRP to investing? Do you find yourself correcting misinformation now?

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

    I won't try to excite you with a creative title. Watch and comment.

    Posted: 25 Dec 2020 07:22 PM PST

    Please Brad just answer one question

    Posted: 25 Dec 2020 03:10 PM PST

    Under which circumstances would it be cheaper for MoneyGram to use XRP/ODL on the USD/MXN corridor without any incentives than to use traditional methods?

    submitted by /u/grow6699
    [link] [comments]

    Recovering Wallet from (2014) RippleUnion

    Posted: 25 Dec 2020 09:08 PM PST

    I used to work in financial regulatory consulting and we were doing a project on XRP way back in 2014. To see how the technology works, I bought $20 of XRP through RippleUnion. I have the wallet address but truly no other information. I suspect I could remember my password for RippleUnion, but they no longer seem to exist. Any suggestions on how I could recover it or is it lost to the void?

    I searched for similar posts, but couldn't find anything directly on point. Thanks for your help!

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

    Ripple wallets that let you really import your existing wallet

    Posted: 25 Dec 2020 08:13 AM PST

    Are there windows desktop (or fully javascript) ripple wallets that let you use your already existing wallet instead of forcing you to create a new wallet and wasting 20 XRP? All the wallets that I've looked at today do the second.

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

    SEC lawsuit and ODL

    Posted: 25 Dec 2020 12:45 AM PST

    Hey guys, I've been into XRP since 2017 so i've seen some ups and downs and i generally believed in XRP. Reading the SEC suit showed me two thoughts i did not have before: XRP use is not organic, because at least one ODL user was paid in XRP to use it, otherwise it was too expensive to use. Secondly, does the product not work properly since it was too expensive to use? I know that we have not bought a stock and are entitled to information given by the company, but still, XRP use cases seem to be driven by Ripple and not the product itself. So that would mean, that XRP would be more or less useless were it not for ripple. I kind of have the feeling, XRP is neither currency not security since it can be used without Ripple now, but would not really rise in value.

    EDIT: on page 57 point 339 of the SEC document it says that the ODL solution is more expensive to use.

    What are your takes on this? I am happy to be enlightened!

    submitted by /u/bobo267
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment