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when will XRP moon
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Poast new message in this thread
Date: January 19th, 2018 12:44 PM Author: razzle spruce bbw (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35189459) |
Date: January 19th, 2018 12:51 PM Author: hilarious judgmental water buffalo casino it already did (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35189517) |
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Date: January 19th, 2018 2:18 PM Author: titillating lodge (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35190203) |
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Date: January 19th, 2018 4:22 PM Author: orange space (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35191161) |
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Date: January 19th, 2018 4:22 PM Author: cobalt sound barrier (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35191164) |
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Date: January 20th, 2018 3:32 PM Author: Fiercely-loyal arrogant pisswyrm faggot firefighter (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35197883) |
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Date: January 19th, 2018 2:09 PM Author: Dashing shitlib Did you buy at the top? (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35190106) |
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Date: January 19th, 2018 4:16 PM Author: razzle spruce bbw not even close
but still hodling |
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Date: January 19th, 2018 9:00 PM Author: Appetizing Tattoo It’s gong to hit $5 by year end. (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35193014) |
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Date: January 19th, 2018 9:01 PM Author: canary trip range ty (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35193026) |
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Date: January 19th, 2018 10:27 PM Author: vivacious at-the-ready school becky a currency literally being beta tested by the banks to reconcile books, which of course could lead to this being the only currency actually implemented officially.
Once banks books are reconciled with ripple, other corporate entities could try out reconciling with the banks using ripple (e.g., with short term loans, with cash balances, etc).
Why is this not the biggest sleeper coin of them all? |
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Date: January 20th, 2018 7:53 AM Author: glittery nursing home new version Subject: O It is. Serious chance it will be the only one along with Ethereum. (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35195511) |
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Date: January 20th, 2018 8:57 AM Author: translucent round eye Are you sure that the coin is actually an integral part of this rather than just the payment protocol. (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35195665) |
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Date: January 20th, 2018 9:20 AM Author: glittery nursing home new version XRP isnt integral to any part of ripple but it's adoption is very beneficial to point everyone will use it assuming regulation is sorted out (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35195720) |
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Date: January 20th, 2018 9:23 AM Author: canary trip range Have anything to back that up? (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35195732) |
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Date: January 20th, 2018 9:28 AM Author: glittery nursing home new version I cant go into all of it here but basically it saves an additional 30% and frees up to trillions of dollars banks currently hold in cross border nostro-vostro accounts for international transfers.
Read joelkatz's posts on xrpchat |
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Date: January 20th, 2018 1:01 PM Author: vivacious at-the-ready school becky Yeqh i should have said chain rather than curency. Im a little unclear on the differences btw using xrp and other denominations with ripple. (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35196889) |
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Date: January 20th, 2018 4:28 PM Author: aquamarine charismatic whorehouse this is the basic question no one answers well. banks aren’t stupid. they’re not gonna buy up ripple on the open market when all they really need is the distributed ledger technology (which they’ll probably replicate on permissions blockchains). the native ripple asset seems terrible as a speculative asset.
bigger point: isn’t bitcoin the only logical long term crypto investment? or some other crypto that emerges as digital gold? us dollars are pretty widely adopted but no one buys dollars to speculate on them. if eth’s value will be to pay for gas, and ripple’s (tenuous as fuck) value proposition is to facilitate cross border transactions by banks, it’d actually be counterproductive for them to appreciate. where am i wrong?
if you can’t tell i’m slowly evolving into a bitcoin maximalist |
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Date: January 20th, 2018 4:45 PM Author: glittery nursing home new version In XRP's case, they have said they expect to eventually become ubiquitous for all sorts of daily payments and communications use cases but are focused on cross border transfers in short term because that best justifies value.
One thing really interesting to me is that Ripple the company also has a NY BitLience which is the same thing coinbase has for institutional crypto sales. People are speculating this could mean they will eventually be putting out an institutional level exchange similar to coinbase but with XRP as the default native exchange currency.
Assuming x-border is what XRP is used for, the value of XRP has to match the value being sent, or really vica-versa - the actual dollar values being transferred will be what XRP is worth. If that becomes 5 trillion, which is a realistic portion of the cross border market they could capture then each XRP needs to be worth $50 assuming 100 billion total. If it only ever ends up being 1 billion transferred across Xrapid, then XRP should only be a little more than 10 cents. That's the gamble.
Here is good article with cost model paper included: https://www.coindesk.com/ripple-banks-42-percent-international-payments/ |
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Date: January 20th, 2018 6:07 PM Author: aquamarine charismatic whorehouse I reviewed the paper. Thanks for that. It makes a convincing case for how the current system of interbank payments is inefficient and ripe for disruption by blockchain. But I’m still not totally sold on xrp being a necessary part of the equation, unless it somehow manages to be the most liquid global digital reserve currency (overtaking, say, bitcoin). At best ripple can maybe force people to pay transaction fees in xrp but that obviously wouldn’t justify a high price.
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Date: January 20th, 2018 6:18 PM Author: aquamarine charismatic whorehouse my bad (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7",#35198769) |