Mrpumperitis
Legendary
 Offline
Activity: 2730
Merit: 1075
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March 31, 2017, 02:45:05 PM |
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hi everyone. I heard Ripple wont need XRP for all these new banks and transactions and that XRP can only go down - if in case this is true, sounds reasonable. Where can I catch up with what really is going on with XRP? ty
Of course it would not use XRP, it has too much volatility like any altcoin! Ripple will probably develop a new stable token for banks use and it will not be an altcoin. My opinion only! so what is xrp for then? what are the usecases? why should there be any value in xrp other than pure speculation? ty possibly one of the best use cases for crypto ever.  |
Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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Yannick4u
Jr. Member
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Activity: 44
Merit: 5
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March 31, 2017, 02:57:47 PM |
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tomorrow is a huge day in japan guys, digital currency about to be legal money, 1/3+ of japanese banks about to use ripple
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https://t.me/Cryptologic_FREE
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DesertDuke
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March 31, 2017, 02:57:58 PM |
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Is there a web wallet I can download anywhere ? Can't find it on the website.
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belowizard
Member
Offline
Activity: 104
Merit: 10
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March 31, 2017, 03:15:41 PM |
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hi everyone. I heard Ripple wont need XRP for all these new banks and transactions and that XRP can only go down - if in case this is true, sounds reasonable. Where can I catch up with what really is going on with XRP? ty
Of course it would not use XRP, it has too much volatility like any altcoin! Ripple will probably develop a new stable token for banks use and it will not be an altcoin. My opinion only! so what is xrp for then? what are the usecases? why should there be any value in xrp other than pure speculation? ty possibly one of the best use cases for crypto ever. thx |
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kawacaki
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March 31, 2017, 03:55:52 PM |
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Hello, newer to cryptos but \I come from the trading world. What is the easiest way to buy xrp? Bitstamp?
i use litebit.eu , straight in my polo account.. half of my xrp i store in a paper wallet.real easy and safe |
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RayX12
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March 31, 2017, 03:57:15 PM |
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tomorrow is a huge day in japan guys, digital currency about to be legal money, 1/3+ of japanese banks about to use ripple
It just does not make any sense.. use XRP as a currency with such huge volatility..  ? |
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g___
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March 31, 2017, 04:24:04 PM |
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Is there a web wallet I can download anywhere ? Can't find it on the website.
look at gatehub.net |
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vanhalendlrband
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March 31, 2017, 05:13:05 PM |
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Trolls are trying to spread the opposite info from the facts I notice. Even on here trying to say XRP is not going to be used by Ripple. There's no way around it, XRP will have to be used for Ripple to even be able to work. |
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Mrpumperitis
Legendary
Offline
Activity: 2730
Merit: 1075
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March 31, 2017, 05:44:09 PM |
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BTC is being bought alot just now...XRP $ value hasnt changed ($0.02) I think BTC is being bought to be changed into XRP.... get ready for even bigger green candles on XRP very soon.  |
Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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Mrpumperitis
Legendary
Offline
Activity: 2730
Merit: 1075
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March 31, 2017, 07:23:17 PM
Last edit: July 23, 2018, 02:05:58 AM by Mrpumperitis |
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Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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Mrpumperitis
Legendary
Offline
Activity: 2730
Merit: 1075
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March 31, 2017, 07:36:44 PM |
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Hello, newer to cryptos but \I come from the trading world. What is the easiest way to buy xrp? Bitstamp?
Bitstamp is def one of the easiest. btw, do you own a spacesuit?...lol you might need it as XRP prepares to take off to another planet |
Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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RayX12
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March 31, 2017, 09:14:17 PM |
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Can one of you XRP pumpers explain how can a bank use XRP as a currency when there is so much volatility? The bank executive explaining the transfer: "Opps sorry sir we sent a million dollars but by the time we converted back to dollars you only got 990,000. So you lost 10,000 in that transaction. That is only a 1% loss due to volatility in the XRP coin!"  " So what mechanism are they going to use to hold volatility down? Does any of you understand how this can work? |
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f0rmdeep
Member
Offline
Activity: 84
Merit: 10
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March 31, 2017, 09:44:27 PM |
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Can one of you XRP pumpers explain how can a bank use XRP as a currency when there is so much volatility? The bank executive explaining the transfer: "Opps sorry sir we sent a million dollars but by the time we converted back to dollars you only got 990,000. So you lost 10,000 in that transaction. That is only a 1% loss due to volatility in the XRP coin!" " So what mechanism are they going to use to hold volatility down? Does any of you understand how this can work? the carrier technology uses XRP to bridge chains during settlement, Day to day volatility does not come into play at all. and given the settlement happens dynamically in like under 30 seconds ? the only volatility that is visible during the transaction is the 30 seconds volatility. in other words- ZERO impact of volatility. where volatility actually hurts is when settlement and confirmation takes hours and days. ( Ex: BTC). the sent value and receiving value is broken and unpredictable. I suggest you to read various settlement papers and whitepapers released in ripple insights and various poc documents. To add to all this, Ripple is the tech and rails on which BTC will be enabled in japan. because point of sales cannot use BTC with 4 day confirmation. they need to get confirmation faster of their payments, even todays credit cards guarantee queue position and confirm in a few hours. What an irony, Ripple is carrying BTC in tis rails in japan along with other assets. Too much misinformation in here. People, please study yourself. ripple is the real deal, no body needs to pump anything. Its not a shady coin used on onion and darkweb. it if for regular everday life. |
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vanhalendlrband
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March 31, 2017, 09:59:15 PM |
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Can one of you XRP pumpers explain how can a bank use XRP as a currency when there is so much volatility? The bank executive explaining the transfer: "Opps sorry sir we sent a million dollars but by the time we converted back to dollars you only got 990,000. So you lost 10,000 in that transaction. That is only a 1% loss due to volatility in the XRP coin!" " So what mechanism are they going to use to hold volatility down? Does any of you understand how this can work? the carrier technology uses XRP to bridge chains during settlement, Day to day volatility does not come into play at all. and given the settlement happens dynamically in like under 30 seconds ? the only volatility that is visible during the transaction is the 30 seconds volatility. in other words- ZERO impact of volatility. where volatility actually hurts is when settlement and confirmation takes hours and days. ( Ex: BTC). the sent value and receiving value is broken and unpredictable. I suggest you to read various settlement papers and whitepapers released in ripple insights and various poc documents. To add to all this, Ripple is the tech and rails on which BTC will be enabled in japan. because point of sales cannot use BTC with 4 day confirmation. they need to get confirmation faster of their payments, even todays credit cards guarantee queue position and confirm in a few hours. What an irony, Ripple is carrying BTC in tis rails in japan along with other assets. Too much misinformation in here. People, please study yourself. ripple is the real deal, no body needs to pump anything. Its not a shady coin used on onion and darkweb. it if for regular everday life. I agree. I already explained to that poster above, and he still didn't get what I was saying. Most likely a troll. |
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RayX12
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March 31, 2017, 10:21:17 PM |
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Can one of you XRP pumpers explain how can a bank use XRP as a currency when there is so much volatility? The bank executive explaining the transfer: "Opps sorry sir we sent a million dollars but by the time we converted back to dollars you only got 990,000. So you lost 10,000 in that transaction. That is only a 1% loss due to volatility in the XRP coin!" " So what mechanism are they going to use to hold volatility down? Does any of you understand how this can work? the carrier technology uses XRP to bridge chains during settlement, Day to day volatility does not come into play at all. and given the settlement happens dynamically in like under 30 seconds ? the only volatility that is visible during the transaction is the 30 seconds volatility. in other words- ZERO impact of volatility. where volatility actually hurts is when settlement and confirmation takes hours and days. ( Ex: BTC). the sent value and receiving value is broken and unpredictable. I suggest you to read various settlement papers and whitepapers released in ripple insights and various poc documents. To add to all this, Ripple is the tech and rails on which BTC will be enabled in japan. because point of sales cannot use BTC with 4 day confirmation. they need to get confirmation faster of their payments, even todays credit cards guarantee queue position and confirm in a few hours. What an irony, Ripple is carrying BTC in tis rails in japan along with other assets. Too much misinformation in here. People, please study yourself. ripple is the real deal, no body needs to pump anything. Its not a shady coin used on onion and darkweb. it if for regular everday life. I agree. I already explained to that poster above, and he still didn't get what I was saying. Most likely a troll. Not a troll. I am interested and I have read the papers but the volatility issue is not properly explained or handled in my view. ... and apparently neither of you have any idea on how this volatility issue will be handled. That is the un-answered question! |
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RayX12
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March 31, 2017, 10:48:47 PM |
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...
and given the settlement happens dynamically in like under 30 seconds ? the only volatility that is visible during the transaction is the 30 seconds volatility. in other words- ZERO impact of volatility.
The problem of course is not in the time of settlement as you have pointed. The problem is that in order to send a million dollars, you need to "own" a million dollars in XRP or you need to "borrow it" from an institution. So now you are exposing the bank balance sheet to the volatility of XRP during the time that you own it or borrow it. |
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f0rmdeep
Member
Offline
Activity: 84
Merit: 10
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March 31, 2017, 10:50:34 PM |
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Can one of you XRP pumpers explain how can a bank use XRP as a currency when there is so much volatility? The bank executive explaining the transfer: "Opps sorry sir we sent a million dollars but by the time we converted back to dollars you only got 990,000. So you lost 10,000 in that transaction. That is only a 1% loss due to volatility in the XRP coin!" " So what mechanism are they going to use to hold volatility down? Does any of you understand how this can work? the carrier technology uses XRP to bridge chains during settlement, Day to day volatility does not come into play at all. and given the settlement happens dynamically in like under 30 seconds ? the only volatility that is visible during the transaction is the 30 seconds volatility. in other words- ZERO impact of volatility. where volatility actually hurts is when settlement and confirmation takes hours and days. ( Ex: BTC). the sent value and receiving value is broken and unpredictable. I suggest you to read various settlement papers and whitepapers released in ripple insights and various poc documents. To add to all this, Ripple is the tech and rails on which BTC will be enabled in japan. because point of sales cannot use BTC with 4 day confirmation. they need to get confirmation faster of their payments, even todays credit cards guarantee queue position and confirm in a few hours. What an irony, Ripple is carrying BTC in tis rails in japan along with other assets. Too much misinformation in here. People, please study yourself. ripple is the real deal, no body needs to pump anything. Its not a shady coin used on onion and darkweb. it if for regular everday life. I agree. I already explained to that poster above, and he still didn't get what I was saying. Most likely a troll. Not a troll. I am interested and I have read the papers but the volatility issue is not properly explained or handled in my view. ... and apparently neither of you have any idea on how this volatility issue will be handled. That is the un-answered question! i already answered, please elaborate what is your question. The transfer from initialization, to path commitment to settlement takes 30 to 40 seconds internationally between any currency pair (n-2-n ) . So dosen't matter whast the price of xrp is. where it does matter is for hold accounts, also nastro accoutns and rendered useless due to advanced byzantine that does not need holding and can guarantee same commitment on settlement. What are you talking about ? explain your question please |
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vanhalendlrband
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March 31, 2017, 11:10:22 PM |
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Can one of you XRP pumpers explain how can a bank use XRP as a currency when there is so much volatility? The bank executive explaining the transfer: "Opps sorry sir we sent a million dollars but by the time we converted back to dollars you only got 990,000. So you lost 10,000 in that transaction. That is only a 1% loss due to volatility in the XRP coin!" " So what mechanism are they going to use to hold volatility down? Does any of you understand how this can work? the carrier technology uses XRP to bridge chains during settlement, Day to day volatility does not come into play at all. and given the settlement happens dynamically in like under 30 seconds ? the only volatility that is visible during the transaction is the 30 seconds volatility. in other words- ZERO impact of volatility. where volatility actually hurts is when settlement and confirmation takes hours and days. ( Ex: BTC). the sent value and receiving value is broken and unpredictable. I suggest you to read various settlement papers and whitepapers released in ripple insights and various poc documents. To add to all this, Ripple is the tech and rails on which BTC will be enabled in japan. because point of sales cannot use BTC with 4 day confirmation. they need to get confirmation faster of their payments, even todays credit cards guarantee queue position and confirm in a few hours. What an irony, Ripple is carrying BTC in tis rails in japan along with other assets. Too much misinformation in here. People, please study yourself. ripple is the real deal, no body needs to pump anything. Its not a shady coin used on onion and darkweb. it if for regular everday life. I agree. I already explained to that poster above, and he still didn't get what I was saying. Most likely a troll. Not a troll. I am interested and I have read the papers but the volatility issue is not properly explained or handled in my view. ... and apparently neither of you have any idea on how this volatility issue will be handled. That is the un-answered question! i already answered, please elaborate what is your question. The transfer from initialization, to path commitment to settlement takes 30 to 40 seconds internationally between any currency pair (n-2-n ) . So dosen't matter whast the price of xrp is. where it does matter is for hold accounts, also nastro accoutns and rendered useless due to advanced byzantine that does not need holding and can guarantee same commitment on settlement. What are you talking about ? explain your question please The fact that its been answered by you and he completely disregards what you said to him smells like troll to me, a very sneaky troll tho. |
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RayX12
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April 01, 2017, 01:08:22 AM |
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I insist and repeat my statement: The problem of course is not in the time of settlement as you have pointed. The problem is that in order to send a million dollars, you need to "own" a million dollars in XRP or you need to "borrow it" from an institution. So now you are exposing the bank balance sheet to the volatility of XRP during the time that you own it or borrow it. |
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