Already heard before. 60% that are mostly ESCROWED. (I'm tired of saying it again and again and again) Paid nothing but they created the token and are the ones working for XRP to be accepted by the banks and all. if it becomes widely accepted and allow people to send money all accross the globe with close to no fees, they do deserves to end rich and honestly, I don't mind. I will pass on the old "bankers are bad, bitcoin will free the world" speech. BTC is useless in real life. XRP is faster, cheaper, and solves a real-life issue. There is a strong possibility it surpasses BTC in Marketcap before Q1 2019. Days like today are a great opportunity to buy. Good luck to you too anyway  Escrowed or not? It's in the hands of a single company who created them out of thin air, how does this differ from a central bank printing fiat out of thin air? You're confusing the ripple protocol (which might be adopted bigtime by banks) with the ripple tokens (the things you're buying of which you think they will be used by banks). I thought this whole crypto-thing was about cutting out the middlemen enriching themselves, not enriching the same middlemen even more? I must be too oldschool to comprehend :-) How you mean 'useless in real life'? You mean you can't transact with it? Do you think gold is useless in real life? Sure, nobody uses it to transact with, but people who owned gold instead of dollars to save are way way way better off... So describing it as useless is very subjective... Might surpass bitcoin and might make you paper profits, but you'll pay in freedom and future for you and your children best of luck, Aren't your bitcoin miners middleman in this case, and more greedy than any bank? I mean, charging $50 for $1 transfer...really??? |
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Reposting (not my post, credit goes to xrpmoonboiz over at xrpchat forum):
Bear with me...this will be a long, but I think very interesting, post. I read the article that came out today from Google talking about Google Pay and how it's already available on Airbnb, so I went down a rabbit hole for about 8 hours and dug a hole to China. Literally. And it basically was facts that I've read before, but never connected them all together. Take a look:
The craziest thing to me is how everything is connected in terms of companies, investors, you name it. And I should start by saying that I'm assuming the investors I mention (big name investors) probably have some power behind them and obviously they want a great return on their investment.
So we start with Founder's Fund. Founder's Fund (owned by Peter Thiel) is an early investor in Ripple, and also Airbnb. Founder's Fund and CapitalG (Google) are early investors in Lyft. Lyft uses Cross River Bank to pay their driver's, and Cross River Bank has implemented Ripple's software. Lyft uses Stripe as their payment processor, and CapitalG and Founder's Fund are early investors in Stripe, which also had an early investment from American Express Business Travel - this was acquired by Standard Chartered Bank who also invested in Ripple. So right there you can see how using Ripple links a ton of people, and has the potential to save companies money, which makes the big investors in those companies happy.
Then we go a little deeper. A vc firm, 500 Startups, founded by ex Google and PayPal employees invested in WePay, which is considered a market leader among payment providers for crowdfunding site and small business tools. WePay already partnered with Apple Pay and Android Pay (now Google Play), and they were acquired by JP Morgan at the end of 2017. At the end of 2017 there were also 15 JP Morgan executives in Ripple's office one day.
Google Ventures is an early investor in Ripple and Uber. dLocal is a payment provider who integrated Ripple's software in the second half of 2017, and its customers include Uber, AliPay, WeChat Pay, and Union Pay, which are China's 3 major digital payment providers and they're ******* huge.
AliPay is part of Alibaba, Union Pay has a partnership with PayPal, and WeChat is part of Tencent Holdings, which is the world's biggest investment corporation. Tencent also has Tenpay, a payment system similar to PayPal. It was reported that Tencent was working closely with China's Central Bank in 2017 to develop a central payments clearing platform for online payments. In August 2017, key leaders from China's Central Bank met with Ripple at their HQ. AliPay and WeChat are the payment providers for DiDi Chuxing, which is bigger than Uber in China - in fact Uber sold their China operations to Didi for a minority stake in Didi. AliPay is also accepted by Uber and Airbnb. Remember - Alipay uses dLocal which integrated Ripple's software in 2017.
Alibaba and Union Pay also invested in Ucar, a rival to Didi.
Tencent invested in Uber and Lyft, Alibaba and Didi invested in Lyft, and Softbank Group invested in Uber. Softbank Group also has a 30% stake in Alibaba. So again, because of the savings, if Ripple is saving these companies money, I would imagine everybody wants Ripple to be used in the companies they've invested in, especially if they are already linked to Ripple in some way.
And now onto India. Alibaba and Ant Financial (affiliate of Alibaba, most valuable fintech company in the world, and operates AliPay) have a 62% holding in Paytm. They also have a majority share in the parent company, One97 Communications. Paytm is trying to become the Alibaba of India. They have Paytm Mall, which is a clone of TMall, online retail operated in China by Alibaba. They also have Paytm wallets - could they follow in the footsteps of Alipay? Alibaba and Ant Financial are literally copying what they did with Alibaba but in India. Softbank also has a 20% stake in Paytm...remember they have a 30% stake in Alibaba. You can also use Paytm to pay for Uber...It's all connected. Patym is becoming Alibaba's vehicle for their ecommerce play in India.
Alibaba has a laser focus on payments because it sees payments as a key strategic battle to winning ecommerce. Up until a couple of days ago they were going to acquire MoneyGram, a top 5 global money transfer firms, but that was blocked by the US government. Remember, Ripple stated 3 of the top 5 global money transfer firms are on board with Ripple, so this move would have made a lot of sense seeing as Alibaba is already connected with Ripple. Alibaba said they're still going to work with MoneyGram even though they can't acquire them.
Also in India - Flipkart has big investments from Tencen/Softbank/Axis Bank. Axis Bank started using Ripple's software in 2017, Tencen's WeChat Pay runs on dLocal which uses Ripple's software, and Softbank obviously has a huge stake in Alibaba, which has AliPay running on dLocal as well.
And then for ***** and gigs, Bezos has personally invested in Uber and Airbnb. Amazon has Instacart through their acquisition of Whole Foods, and Andreessen Horowitz is an investor in Instacart...and Ripple. If we want to dig a little deeper, Sequoia Capital, which may just be invested in every company ever, has invested in Airbnb, Google, Instacart, PayPal, Stripe, and Yahoo. If we really want to stretch it, the President of Sequoia Capital's wife worked at Yahoo at the same time Brad was an SVP at Yahoo...which happened to be the same time Yahoo invested in Alibaba.
And this honestly might just be the tip of the iceberg, I'm sure there are so many more dots to be connected and a ton that I missed. But, it makes you wonder. If the companies are saving a lot of money through using Ripple's software, and eventually XRP, I can only imagine that the big name investors behind these companies using Ripple could potentially be encouraging their other investments to start using Ripple as well, if they aren't already. Is Alibaba, with their majority ownership, steering Paytm in the Ripple direction?
Welp, my brain hurts. This was a fun project though. Crossing my fingers for an announcement that Alibaba is completely using XRP, and somehow all of these actually are connected because I can't wrap my head around just how massive that would be.
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and we can do that without going to Sweden?
I dont need 100k a month but a decent amount is fine as well.
So what to do? We do have money to invest. Which site is reliable?
What site? You mean which graphic card? |
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RX580 usually works without patching, but other cards don't
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I used this for a video card Yeston RX 460 4 GB. https://www.techpowerup.com/vgabios/196766/196766Unlocked up to 1024 shaders. A bit upset with the video card. On the ETH only 9.4 I used timings from 1500 for high frequencies. Strange, but the result for ETH does not change in any way. Generally does not respond to an increase in the frequency of memory. On 1050ti it's different. Increasing the memory frequency increases the H/s I think now to patch it with a bios from RX560 another manufacturer. Tell me, if I get a brick - can it be revived on a computer with a built-in video card?  You're obviously doing something wrong |
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No NVIDIA yet ??
You alerady have enough miners for this algo on Nvidia |
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Decred and SIA ASICs are around the corner, not sure if its worth to develop dual mining for those algorithms
We'll see how fast they will ramp up production. Given the past history it would take some time before the GPU mining for these coins becomes obsolete. They sold 3600 units in first batch that supposedly is coming out in June By their estimate, that will bring about 3200 TH/s to the network, that is currently running at 350TH/s Then again, baikal announced their ASIC too, that should work with all algos currently used by Claymore for dual mining, so I guess no harm done adding support for few more months  https://ip.bitcointalk.org/?u=https%3A%2F%2Fpreview.ibb.co%2FbAuw0R%2Fbaikal_b.png&t=584&c=8gUhR7V07fF0oA |
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Frankly, didn't try it...I was just checking for portfolio app that could pull data directly from API
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only really important thing seem to be to use only as many cores as size of
L3 cache in megabytes divided by two for cryptonight mining on CPU
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Two RX560s and one 7850 mine Straks fine, until I try --asm, that crashes windows
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Decred and SIA ASICs are around the corner, not sure if its worth to develop dual mining for those algorithms
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maybe time for new update, claymore did some updates meanwhile, phoenix miner is around, mkxminer for lyra2v2 amd...
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I have Xeon 2658 12c/24t L3-25 Mb
450-480 H/s - It's normal?
Loaded processor per 50% now. How to increase hash rate?
Is it v1, v2 or v3? Its a bit slow for v3, but not much |
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Bittrex Siacoin wallet is under maintenance.
Interesting right?
Indeed...as if they would not want people to transfer sia from polo to sell...but that doesn't make sense, either |
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I agree...but what do you think is going on?
Why is someone building those sell walls on Polo?
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Is this a trick question?
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You mean, this time they finally mean bussiness and delivering wraith, unlike previous 17 failed attempts?
Their sole programmer came back to finish job?
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You who choose to lead must follow
But if you fall you fall alone
If you should stand then who's to guide you?
If I knew the way I would take you home
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