Where your hard-earned money comes to die. Home.
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when will XRP moon
| Flickering godawful giraffe | 01/19/18 |
| Amethyst soggy national | 01/19/18 |
| Black doctorate | 01/19/18 |
| insanely creepy bisexual state tank | 01/19/18 |
| Beta swashbuckling plaza goyim | 01/19/18 |
| fear-inspiring codepig stag film | 01/20/18 |
| Insane topaz affirmative action | 01/19/18 |
| Flickering godawful giraffe | 01/19/18 |
| cracking orchestra pit | 01/19/18 |
| anal coral kitty | 01/19/18 |
| motley senate | 01/19/18 |
| Racy Principal's Office Wrinkle | 01/20/18 |
| Adventurous pungent associate | 01/20/18 |
| Racy Principal's Office Wrinkle | 01/20/18 |
| anal coral kitty | 01/20/18 |
| Racy Principal's Office Wrinkle | 01/20/18 |
| motley senate | 01/20/18 |
| Coiffed Queen Of The Night Hunting Ground | 01/20/18 |
| Racy Principal's Office Wrinkle | 01/20/18 |
| Coiffed Queen Of The Night Hunting Ground | 01/20/18 |
| Coiffed Queen Of The Night Hunting Ground | 01/20/18 |
Poast new message in this thread
Date: January 19th, 2018 12:44 PM Author: Flickering godawful giraffe (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7#35189459) |
Date: January 19th, 2018 12:51 PM Author: Amethyst soggy national 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: Black doctorate (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: insanely creepy bisexual state tank (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: Beta swashbuckling plaza goyim (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: fear-inspiring codepig stag film (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: Insane topaz affirmative action 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: Flickering godawful giraffe not even close
but still hodling |
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Date: January 19th, 2018 9:00 PM Author: cracking orchestra pit 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: anal coral kitty 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: motley senate 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: Racy Principal's Office Wrinkle 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: Adventurous pungent associate 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: Racy Principal's Office Wrinkle 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: anal coral kitty 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: Racy Principal's Office Wrinkle 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: motley senate 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: Coiffed Queen Of The Night Hunting Ground 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: Racy Principal's Office Wrinkle 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: Coiffed Queen Of The Night Hunting Ground 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: Coiffed Queen Of The Night Hunting Ground my bad (http://www.autoadmit.com/thread.php?thread_id=3864519&forum_id=7#35198769) |