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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ahbritto on September 24, 2014, 01:56:39 PM



Title: VentureBeat: Ripple’s payment protocol comes to the U.S.
Post by: ahbritto on September 24, 2014, 01:56:39 PM
Ripple’s payment protocol comes to the U.S.:
  • http://venturebeat.com/2014/09/24/ripples-payment-protocol-comes-to-the-u-s/ (http://venturebeat.com/2014/09/24/ripples-payment-protocol-comes-to-the-u-s/)

Quote
Payment network Ripple Labs just snagged its second and third bank partnership in its quest to create frictionless global payments.

CBW Bank, out of Kansas, and Cross River Bank in New Jersey, both say they will use Ripple to make global money transfers and payments...


Title: Re: VentureBeat: Ripple’s payment protocol comes to the U.S.
Post by: atoni on September 24, 2014, 02:10:53 PM
Ripple’s payment protocol comes to the U.S.:
  • http://venturebeat.com/2014/09/24/ripples-payment-protocol-comes-to-the-u-s/ (http://venturebeat.com/2014/09/24/ripples-payment-protocol-comes-to-the-u-s/)

Quote
Payment network Ripple Labs just snagged its second and third bank partnership in its quest to create frictionless global payments.

CBW Bank, out of Kansas, and Cross River Bank in New Jersey, both say they will use Ripple to make global money transfers and payments...

Congrats!


Title: Re: VentureBeat: Ripple’s payment protocol comes to the U.S.
Post by: TheWhale on September 24, 2014, 02:11:22 PM
great news!


Title: Re: VentureBeat: Ripple’s payment protocol comes to the U.S.
Post by: Zer0Sum on September 24, 2014, 03:49:51 PM

Another shiny object shown to the amazed natives.

Buying a bank doesn't change Draconian US regulations...
Ripple USD liquidity is on the order of $25,000/day = exactly what it was one year ago.

Show me millions of $$$ of liquidity... not more shiny objects.


Title: Re: VentureBeat: Ripple’s payment protocol comes to the U.S.
Post by: bibbit on September 24, 2014, 05:39:29 PM
Ripple USD liquidity is on the order of $25,000/day = exactly what it was one year ago.

That is demonstrably false. Stop making up numbers.

Spend a little time on coinmarketcap (http://coinmarketcap.com), and you will see that Ripple's daily trade volume is usually several hundred thousand USD. There was an exception last week where there was a day or two with trade volume around 1.3 million USD.

Sort all listed coins by volume, and you will find that Ripple is almost always in the top 10 and often in the top 5.

If you check in on Ripple Charts (http://www.ripplecharts.com/#/) as well, you will see that the transaction volume is usually several million per day.

With more large firms coming to Ripple, and bringing their customers enmass, this will only grow.


Title: Re: VentureBeat: Ripple’s payment protocol comes to the U.S.
Post by: digitalindustry on September 24, 2014, 05:53:23 PM
Ripple is a derivative nothing more, but it could/should be useful as a payment system.

I see Ripple as a phase transitional system.

it remains to be seen if any major FI see it the same way?


Title: Re: VentureBeat: Ripple’s payment protocol comes to the U.S.
Post by: God27 on September 24, 2014, 11:32:09 PM
Britto is giving you all a chance to I invest now. Don't regret or whine a year from now when an xrp is 27 cents.