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Author Topic: [XRP] Ripple Speculation  (Read 636994 times)
vanhalendlrband
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April 24, 2017, 05:57:57 PM
 #601

Ripple Reddit user...ripcurldog (thanks m8)

https://ripple.com/files/xrp_cost_model_paper.pdf
Very informative, highly reccomend every Rippler reads this.


*As a digital asset, XRP is a useful trading instrument to reduce spreads and expedite market
thickness. In this paper, we will dive deeper into this concept. We will compare how cross-border
payment processing works in legacy systems versus on Ripple and on Ripple using XRP as a
bridge asset. We will detail an industry-first ROI analysis of distributed financial technology and
digital assets for global interbank transactions.

*
Page 6
The Cost-Cutting Case for Banks - The ROI of Using Ripple and XRP for Global Interbank Settlements
Ripple. All Rights Reserved.
Economic Implications of a Universal
Bridge Asset
Banks currently incur significant infrastructure costs processing cross-border payments.
Employing Ripple and XRP can help banks eliminate or lower these costs:

Foreign Exchange:
The cost of spread for the purchase and sale of a currency pair in
the wholesale market at institutional rates. This spread can be between fiat currencies or
between fiat currency and XRP held on the bank’s balance sheet. When XRP is used, the
model assumes that banks hold XRP on their balance sheets and provide their own liquidity
for FX transactions. Third-party market makers can also be used.

Currency Hedging:
 The cost of hedging a basket of currencies held in nostro accounts
globally.

Treasury Operations:
The funding cost required to maintain account minimums, the
overhead of managing currencies and counterparties across accounts, and the cost of
occasionally rebalancing
7
 cash between those accounts locally and internationally.

Liquidity:
 Liquidity costs have two components: the cost of capital locked “in-flight” as an
international wire is processed (typically two days) and the time to fund the local nostro
account (typically one day depending on the local rail). Liquidity cost can be calculated as the
cost of funds applied to the time-weighted average amount of capital locked up.

Payment Operations:
 The manual intervention cost of exceptions and error handling
requiring headcount and the cost of using local rails.

Basel III (LCR)
8
:
 The opportunity cost to the sending institution of holding lower-yielding,
high-quality liquid assets (as designated by pending Basel III regulations) against credit
exposure during the in-flight period.
For a representative respondent bank
9
 with $12 billion in annual payment volume (across 5
corridors, 157,000 transactions/month, global average transaction size of $6,300 for international
transactions) and a 6 percent cost of capital


*
page 9
Now let’s evaluate cost savings to our representative bank using Ripple and XRP as a universal
bridge asset. The cost model below assumes our same respondent bank converts 50 percent
of its payments-related float into XRP after implementing Ripple, custodying the XRP itself.
Banks can either source and custody XRP themselves or contract third-party liquidity providers. Shocked
Currency hedging is the only cost with an initial, short-term increase due to the potential higher
volatility of XRP as a new asset. As XRP gains usage, this volatility is expected to trend downward

page 11
This model includes a conservative assumption of hedging costs with initially high volatility of
XRP. However, institutional holdings and active trading of XRP can greatly reduce the volatility of
XRP, significantly lowering the hedging costs. In a low volatility state, assuming the volatility of
XRP is the same as that of a basket of liquid global currencies,
Shocked  costs can decrease an additional
3.8 bps ($10 billion system-wide)
21 or 60 percent compared to the current system, translating to
total system-wide cost savings of over $33 billion annually with lower volatility of XRP.


An incentive program stimulates XRP adoption in market making by rebating liquidity providers
for quoting against XRP in the immediate term, thereby supporting spread reduction over time
against a new asset. The incentive serves to offset volatility risk for market makers and provides
an algorithmic distribution schedule for XRP. As adoption and use of XRP increases, so does its
liquidity and price stability.
More gd info
https://ripple.com/files/ripple_vision.pdf
What’s in it for third-party liquidity providers?
Through its novel design, Ripple facilitates competitive bidding on liquidity provisioning.
Third-party market makers, such as hedge funds, enjoy access to an entirely new and ever-
growing opportunity to provide liquidity for global payments, profiting from spreads.  Shocked


Awesome post! Now i have something quick to quote when one of the trolls goes "XRP won't be used by banks" for the one millionth time.

This proves how great XRP is and worth investment. I will always keep my money in this no matter what happens I believe the end story is over a dollar for sure in the next year
Mrpumperitis
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April 25, 2017, 01:27:50 AM
Last edit: April 25, 2017, 03:41:11 AM by Mrpumperitis
 #602

what ...what...woooooooooo
http://www.businesswire.com/news/home/20170424006427/en/BlockChain-U.S.-Financial-Institutions-Reality-eZforex.com-Ripple

BlockChain for U.S. Financial Institutions Now a Reality: eZforex.com, Ripple, and Star One Credit Union Collaborate to Provide the Newest Industry Standard for the United States Banking System: Live International BlockChain Payments
April 24, 2017 03:04 PM Eastern Daylight Time

SAN FRANCISCO--(BUSINESS WIRE)--eZforex.com, Inc. (eZforex), a national leader in providing foreign currency for travelers through financial institutions and cutting-edge international payments solutions, announced today that it is expanding its suite of global payments solutions to include Ripple’s BlockChain technology. Ripple, a San Francisco based company, connects banks around the world by offering real time cross border payment services to its customers using BlockChain and Distributive Ledger Technology.

    @eZforex_com, @Ripple, @StarOneCU Announce Int'l #BlockChain Payments for US FIs #GlobalACH #FinTech
    Tweet this

After one year of development, eZforex, in collaboration with Ripple and Star One Credit Union, was able to deliver live payments to 4 continents on April 10, 2017. Robert Crandall, former CEO of American Airlines, Inc. and an eZforex investor noted, “This is a major step forward. Now all financial institutions, regardless of size, can offer their customers access to the safest, lowest cost funds transfer technology.”

Once known for innovating turn-key Dodd-Frank 1073 compliance solutions, including the Federal Reserve’s FedGlobal® ACH initiative, relied upon by several international payments providers nationwide, eZforex is now taking a leap into the future by cooperating with Ripple to create the newest industry standard: International BlockChain Payments for the banking industry.

 About eZforex.com, Inc. (eZforex)

eZforex.com, Inc., a Longview, Texas based corporation, is the nation's leading foreign exchange service and international transfers solutions provider for financial institutions. Founded by Evan Shelan in 1994, eZforex was initially created to provide foreign banknotes to credit unions, banks, and travel-related companies prior to their members and customers departing the United States for travel. Today the U.S. government and over 2,000 financial institutions rely on eZforex's integrated turnkey solutions to manage their foreign currency and international transfers both through International ACH and BlockChain. eZforex.com, Inc. is a NAFCU and LendingTools.com preferred Partner.


IF THIS IS REAL (i think it is lol)  THEN WOW..SIMPLY WOW

BUY XRP ASAP...THIS IS GOING UP UP UP AND MORE UP UP UP LOL

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
Mrpumperitis
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April 25, 2017, 01:30:52 AM
 #603

IT IS REAL...GUYS GET IN NOW....
http://finance.yahoo.com/news/blockchain-u-financial-institutions-now-190400442.html


https://btc.icymi.email/

http://www.sectorpublishingintelligence.co.uk/news/1699068/blockchain+for+us+financial+institutions+now+a+reality+ezforexcom+ripple+and+star+one+credit+union+collaborate+to+provide+the+newest+industry+standard+for+the+united+states+banking+system+live+international+blockchain+payments

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
Mrpumperitis
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April 25, 2017, 01:33:00 AM
 #604

AND....
https://www.xrpchat.com/topic/3983-mufg-joined-the-consortium-of-sbi-ripple-asia/


WOW...ITS HAPPENING

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
gollygosh
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April 25, 2017, 01:45:35 AM
 #605

Ripple is evil corps coin, leave it alone to DIE

blackhawk101
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April 25, 2017, 02:12:21 AM
 #606

CORPS EVIL!!!

...LEAVES COMPUTER TO>>>

BUY $HIT AT WALMART
EAT BURGER AT MCDONALDS
ORDER CRAP FROM AMAZON
TEXT ON IPHONE
CASHES PAYCHECK AT CHASE
WATCH NETFLIX

...RETURNS TO BITCOIN TALK>>>

CORPS EVIL!!!
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April 25, 2017, 02:31:34 AM
 #607


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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April 25, 2017, 03:27:41 AM
Last edit: April 25, 2017, 03:55:02 AM by Mrpumperitis
 #608

me thinks all shorts are about to get rekd

i hear BB walls are coming

i wouldnt be surprised at all if XRP IS #2 by end of the week


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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April 25, 2017, 03:49:24 AM
 #609

wow,, Swift...is fkd lol

http://thewashingtonstandard.com/russia-preps-epic-split-global-banking-cartel-dumping-us-dollar-gold/    Shocked


A new era of finance is about to begin....with XRP Ripple

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
Caladonian
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April 25, 2017, 04:01:35 AM
 #610

this margin trading really hurting the value of this coin but with those news surely people will striving to buy back and place their investment
again, its been almost a month now and we are still waiting and holding downfall still ongoing so whales still have their perfect timing to bag more.
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April 25, 2017, 04:03:50 AM
 #611

http://www.truthandaction.org/23-countries-now-abandoning-us-dollar-2/

ok guys , im not sure if this is true...but research it...i know i will be..lol


A new world monetary system is being set up right now which will completely kill the US dollar, which is the world’s reserve currency.

23 countries (60% of the world’s GDP) are setting up swap lines which bypass the dollar and SWIFT, which is the dollar-based worldwide financial transaction system.

These countries include Russia, China, India, and even Germany, France, and the United Kingdom.

Once the new system is in place, our dollar won’t be needed in these countries and a new reserve currency will come into being. All those dollars in foreign accounts will come home, which will annihilate our monetary system.

Also, China just announced that it will stop purchasing our debt (holding dollars in reserve). This will force The Federal Reserve to print even more dollars than the $85 billion it’s currently printing.

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
steamon
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April 25, 2017, 09:12:30 AM
 #612

I first cashed out XRP after making like over 400% with a small amount. But still decide to jump back in cause if this becomes the currency between banks in the future this coin can increase to heights off bitcoin in total cap don't really wanna miss that.
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April 25, 2017, 02:47:41 PM
 #613

http://www.truthandaction.org/23-countries-now-abandoning-us-dollar-2/

ok guys , im not sure if this is true...but research it...i know i will be..lol


A new world monetary system is being set up right now which will completely kill the US dollar, which is the world’s reserve currency.

23 countries (60% of the world’s GDP) are setting up swap lines which bypass the dollar and SWIFT, which is the dollar-based worldwide financial transaction system.

These countries include Russia, China, India, and even Germany, France, and the United Kingdom.

Once the new system is in place, our dollar won’t be needed in these countries and a new reserve currency will come into being. All those dollars in foreign accounts will come home, which will annihilate our monetary system.

Also, China just announced that it will stop purchasing our debt (holding dollars in reserve). This will force The Federal Reserve to print even more dollars than the $85 billion it’s currently printing.

there are so many "prepper" / conspiracy theorist sites which have been saying things like this for YEARS. i'm not outright discounting the info, just consider the source, always do your own, varied research. the problem with many people is that they accept things at face value (what they read/see), and/or they don't consider/research different sources.

my best recommendation to anyone is to learn history and have an understanding of economics. history tends to repeat itself. the world is in uncharted territory, anything is possible.
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April 25, 2017, 03:06:40 PM
 #614

http://www.truthandaction.org/23-countries-now-abandoning-us-dollar-2/

ok guys , im not sure if this is true...but research it...i know i will be..lol


A new world monetary system is being set up right now which will completely kill the US dollar, which is the world’s reserve currency.

23 countries (60% of the world’s GDP) are setting up swap lines which bypass the dollar and SWIFT, which is the dollar-based worldwide financial transaction system.

These countries include Russia, China, India, and even Germany, France, and the United Kingdom.

Once the new system is in place, our dollar won’t be needed in these countries and a new reserve currency will come into being. All those dollars in foreign accounts will come home, which will annihilate our monetary system.

Also, China just announced that it will stop purchasing our debt (holding dollars in reserve). This will force The Federal Reserve to print even more dollars than the $85 billion it’s currently printing.

there are so many "prepper" / conspiracy theorist sites which have been saying things like this for YEARS. i'm not outright discounting the info, just consider the source, always do your own, varied research. the problem with many people is that they accept things at face value (what they read/see), and/or they don't consider/research different sources.

my best recommendation to anyone is to learn history and have an understanding of economics. history tends to repeat itself. the world is in uncharted territory, anything is possible.


RABBIT HOLE >>>>

GOOGLE: "FOFOA"
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April 25, 2017, 03:09:59 PM
Last edit: April 25, 2017, 03:31:09 PM by McWorse
 #615

I am living in Germany and I can't believe this news.
We have our own big problems with our currency, problems with brexit, strong political dismissals with Russia and are a little suspicious about China. Unbelievable that we work calm and full of understanding together in such an important thing. This news sounds for me like someone's trying to scare americans or confirm existing disapprovals.
World is changing. Yes. And the dollar will loose it's influence.
But this will be not a cause of conspiracy.
This will be a cause of Mr. Trumps politics of isolation and a (maybe) american economic upturn build on sand.

YOU CAN'T EAT BLOCKCHAINS!

... better enjoy some Yummy Recipes!
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April 25, 2017, 03:21:03 PM
 #616

I first cashed out XRP after making like over 400% with a small amount. But still decide to jump back in cause if this becomes the currency between banks in the future this coin can increase to heights off bitcoin in total cap don't really wanna miss that.

Ripple to Exceed Bitcoin's MarketCap? I believe You're Joking though. I don't see any Cryptocurrency (Including ETH & others) beating Bitcoin to the top spot anytime soon. The way I see it, Ripple wouldn't have a huge pump anytime soon considering It went from 955 sats to it's current price (Which made you those 400% profits)

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..CASINO....SPORTS....RACING..
McWorse
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April 25, 2017, 03:29:51 PM
 #617

Ripple to Exceed Bitcoin's MarketCap? I believe You're Joking though.

21B will be nothing, when the day has come and XRP is the link for most of the global fiat-transactions....
Wink

YOU CAN'T EAT BLOCKCHAINS!

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vanhalendlrband
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April 25, 2017, 03:43:40 PM
 #618

I first cashed out XRP after making like over 400% with a small amount. But still decide to jump back in cause if this becomes the currency between banks in the future this coin can increase to heights off bitcoin in total cap don't really wanna miss that.

Ripple to Exceed Bitcoin's MarketCap? I believe You're Joking though. I don't see any Cryptocurrency (Including ETH & others) beating Bitcoin to the top spot anytime soon. The way I see it, Ripple wouldn't have a huge pump anytime soon considering It went from 955 sats to it's current price (Which made you those 400% profits)

Ripple should be a lot higher given the marketcap and its use. I even saw PascalCoin do a jump to .0016 and back to .0002 can't tell me Pascal is worth more than Ripple with a straight face.

imo Xrp should be no less than .0002 and very realistically could be .001. That's not exactly anything that insane when you think about it.
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April 25, 2017, 04:43:17 PM
 #619

Hey guys, I made this Ripple video to explain what Ripple is and why you should invest in it.
Let me know what you think Smiley

We can use all promotions to make XRP great!
https://www.youtube.com/watch?v=An_y-qiGdSM
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April 25, 2017, 04:45:05 PM
Last edit: April 26, 2017, 07:53:58 PM by Mrpumperitis
 #620

so much gd news for XRP...  Smiley
huge week with Nacha today, https://twitter.com/Ripple?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

https://www.benzinga.com/pressreleases/17/04/p9338042/nacha-president-and-ceo-janet-o-estep-delivers-payments-2017-keynote-ad  April 24, 2017
NACHA—The Electronic Payments Association® President and CEO, Janet O. Estep, provided the roadmap for "Innovating to Enhance the Customer Experience" today in a keynote address during the opening session of PAYMENTS 2017. The conference, which is the definitive destination for faster payments education, is being held now through April 26 at the Austin Convention Center in Austin, Texas.
*Last year saw four consecutive quarters of more than 5 billion electronic payments and a 5.4 percent growth rate in ACH transactions over 2015. That translates into more than 25 billion ACH payments with a value of $43 trillion. Shocked Shocked Shocked

then many more big events for the next few months... Wink
https://ripple.com/events/

XRP guys are very busy ... i likes  Cool

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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