yurimir
Legendary
 Offline
Activity: 1554
Merit: 1044
|
 |
May 23, 2018, 09:16:26 PM |
|
Bank of America held its "Development Day" on 17th May 2018, of which involved a talk/powerpoint on Blockchain/CryptoCurrency and its use for Trade Finance. The talk involved Bitcoin, Distributed Ledger Technology and Smart Contracts. On the topic of Blockchain and it's uses for Trade Finance Ripple was mentioned. In particular a diagram showing a diagram of how a BAML Client is able to send Payments (and Statements) via BAML Ripple Connect. BAML Ripple Connect in turn uses Ripple Network (ILP) for settlement to a BAML Partner Bank(s) (who use their own Ripple Connect) for settlement to a Customer. BAML Client > BAML UI -- BAML RIPPLE Connect -- Settlement (Ripple Network, ILP) -- Partner Bank Ripple Connect -- BAML Partner Bank < Customer The slide quotes: "Ripple provides an opportunity to reduce complexity of integration to enabled partners, standardise data protocols and formats and eliminate errors and reconciliation through use of blockchain distributed ledger technology"... https://www.reddit.com/r/Ripple/comments/8lijex/bank_of_america_and_ripple_devday/ |
|
|
|
|
nigeInvest
Member
Offline
Activity: 280
Merit: 10
|
|
May 23, 2018, 10:50:41 PM |
|
I've always liked the strong volatility of this coin. And I think that this year we will still have an opportunity to make good money on ripple.
|
|
|
|
|
Branko
|
|
May 24, 2018, 06:58:56 AM |
|
I've always liked the strong volatility of this coin. And I think that this year we will still have an opportunity to make good money on ripple.
Volatility? Its least volatile coin beside USDT, kept 20c price in 2017 forever while everything else was volatile as hell |
|
|
|
|
|
groko271
|
|
May 24, 2018, 08:11:31 AM |
|
Take the time and read this.
You will understand why Ripple is the best!
For years now the Bank for International Settlements (BIS), International Monetary Fund (IMF), G20, BRICS, and the Financial Stability Board (FSB) have all been working together on developing the best alternative to the role of the USD as the primary reserve asset used in the global monetary system. The challenge has been to find a supra-sovereign asset, which is an asset not owned or anchored to the domestic economy of any one nation, with enough global liquidity to function as the base, or bridge asset, for the full global framework.
The USD, and the British pound before, has been a drag on the international system almost since its rise to full prominence in 1944. The use of a domestic currency as the bridge asset in a global system ensures that the demand placed on that currency will expand the money supply far beyond what the domestic economy can sustain. This is what happened with the USD and the symptoms are around us everywhere.
...
Blah blah blah, an alternative to the dollar, blah blah blah. If it really is, then the ripple will be hanging around $ 1. Nothing good will come of it. But hamsters will be able to brother when it will rise> $ 1 and sell when it goes <))) this is their fate)))) Maybe this part is more tailored to you. If u dont want to take the time to read it  This is where the crypto asset XRP by Ripple comes into play. XRP will be capable of providing cross-border payment services measured in seconds at only fractions of a cent. What reserve currencies have been doing for centuries, XRP will do at thousands of times the efficiency. Considering that ledgers are the new banks, the interledger protocol of Ripple should create a lot of excitement as the one bridge function which connects all other ledgers and allows for value to move around the world. As such, the interledger is the new version of the reserve currency in the same manner that ledgers are the new banks. The new global crypto monetary framework, or the castle, so to speak, and the wealth within it, will be managed and protected by the interledger system, with XRP serving as the bridge asset in a new exchange arrangement which will eliminate the imbalances and inefficiencies associated with past fiat reserve currencies. Those business, banking, and academic interests which have moved from empire to empire will no longer have control as the fully decentralized XRP interledger expands. Not even Ripple will have influence or control over the interledger once more non-Ripple validators are added. Each ledger which joins the interledger can have its own validator. This would be the distribution of fairness within the architecture. Consider, if decentralized ledgers are the new banks, then by default of definition, the interledger would be the decentralized World Bank which makes it all possible. Except in this case, no one nation with a dominant reserve currency can control it through hegemonic business and banking practices. While a decentralized XRP guards the castle gate, the new crypto USD and Bitcoin, and those who attempt to control and manipulate both, will not be allowed to corrupt the new global crypto monetary system and cause an unfair, undeserved, and imbalanced movement of wealth and value to the places which convenience them the most. The full system will be protected by the XRP interledger through blockchain sword and spear. It is inevitable that each nation’s central bank will develop their own ledgers and hold other cryptos in what are now called the foreign exchange reserve accounts. China wants to exchange crypto RMB for crypto USD? It will do so through using XRP as the exchange asset. The Federal Reserve wants to hold Bitcoin in its own foreign exchange reserve account? It will have to exchange crypto USD for Bitcoin first by using XRP as the exchange asset. XRP will be the bridge asset which serves to connect all assets and ledgers through the interledger protocol. The unpopular truth which most do not see during this early time of adoption is the total dominance which XRP will attain in the future. With payment apps and a whole new micropayment industry emerging, there will come a time when needing anything other than XRP will be forgotten. Shush, don’t tell the Crown Beast! so many fools in this thread are blinded by much ignorance... but im not surprised as i experienced it a lot in the early days of mining bitcoin. Narrow minded, closed minded fools who cant step back and try to understand the big picture. "banks ahh... tokens ahhh...pre-mine blah blah blah...", Crypto WILL enter EVERY aspect of society in the future. Idiots just don't get it, but they will..... too late though. MemberBerries, good on you for trying to educate people with your great posts, (merit deserved), I feel your frustration..... personally i have a long history dealing with these blind fools IRL and have ceased to bother. Good luck mate. |
|
|
|
|
|
MemberBerries
|
|
May 24, 2018, 01:24:35 PM |
|
Take the time and read this.
You will understand why Ripple is the best!
For years now the Bank for International Settlements (BIS), International Monetary Fund (IMF), G20, BRICS, and the Financial Stability Board (FSB) have all been working together on developing the best alternative to the role of the USD as the primary reserve asset used in the global monetary system. The challenge has been to find a supra-sovereign asset, which is an asset not owned or anchored to the domestic economy of any one nation, with enough global liquidity to function as the base, or bridge asset, for the full global framework.
The USD, and the British pound before, has been a drag on the international system almost since its rise to full prominence in 1944. The use of a domestic currency as the bridge asset in a global system ensures that the demand placed on that currency will expand the money supply far beyond what the domestic economy can sustain. This is what happened with the USD and the symptoms are around us everywhere.
...
Blah blah blah, an alternative to the dollar, blah blah blah. If it really is, then the ripple will be hanging around $ 1. Nothing good will come of it. But hamsters will be able to brother when it will rise> $ 1 and sell when it goes <))) this is their fate)))) Maybe this part is more tailored to you. If u dont want to take the time to read it This is where the crypto asset XRP by Ripple comes into play. XRP will be capable of providing cross-border payment services measured in seconds at only fractions of a cent. What reserve currencies have been doing for centuries, XRP will do at thousands of times the efficiency. Considering that ledgers are the new banks, the interledger protocol of Ripple should create a lot of excitement as the one bridge function which connects all other ledgers and allows for value to move around the world. As such, the interledger is the new version of the reserve currency in the same manner that ledgers are the new banks. The new global crypto monetary framework, or the castle, so to speak, and the wealth within it, will be managed and protected by the interledger system, with XRP serving as the bridge asset in a new exchange arrangement which will eliminate the imbalances and inefficiencies associated with past fiat reserve currencies. Those business, banking, and academic interests which have moved from empire to empire will no longer have control as the fully decentralized XRP interledger expands. Not even Ripple will have influence or control over the interledger once more non-Ripple validators are added. Each ledger which joins the interledger can have its own validator. This would be the distribution of fairness within the architecture. Consider, if decentralized ledgers are the new banks, then by default of definition, the interledger would be the decentralized World Bank which makes it all possible. Except in this case, no one nation with a dominant reserve currency can control it through hegemonic business and banking practices. While a decentralized XRP guards the castle gate, the new crypto USD and Bitcoin, and those who attempt to control and manipulate both, will not be allowed to corrupt the new global crypto monetary system and cause an unfair, undeserved, and imbalanced movement of wealth and value to the places which convenience them the most. The full system will be protected by the XRP interledger through blockchain sword and spear. It is inevitable that each nation’s central bank will develop their own ledgers and hold other cryptos in what are now called the foreign exchange reserve accounts. China wants to exchange crypto RMB for crypto USD? It will do so through using XRP as the exchange asset. The Federal Reserve wants to hold Bitcoin in its own foreign exchange reserve account? It will have to exchange crypto USD for Bitcoin first by using XRP as the exchange asset. XRP will be the bridge asset which serves to connect all assets and ledgers through the interledger protocol. The unpopular truth which most do not see during this early time of adoption is the total dominance which XRP will attain in the future. With payment apps and a whole new micropayment industry emerging, there will come a time when needing anything other than XRP will be forgotten. Shush, don’t tell the Crown Beast! so many fools in this thread are blinded by much ignorance... but im not surprised as i experienced it a lot in the early days of mining bitcoin. Narrow minded, closed minded fools who cant step back and try to understand the big picture. "banks ahh... tokens ahhh...pre-mine blah blah blah...", Crypto WILL enter EVERY aspect of society in the future. Idiots just don't get it, but they will..... too late though. MemberBerries, good on you for trying to educate people with your great posts, (merit deserved), I feel your frustration..... personally i have a long history dealing with these blind fools IRL and have ceased to bother. Good luck mate. Kind words like those from you keep me up to educate others further! Even when its sometimes like talking to a blind fool. Thanks a lot for keeping me motivated |
|
|
|
|
|
GröBkAz
|
|
May 25, 2018, 03:18:59 AM |
|
I day trade ripple and have been a long time holder, this is a coin that I trust and that has led me in a great direction. Excited to see whats next.
|
|
|
|
|
cointopper
Newbie
Offline
Activity: 28
Merit: 2
|
|
May 25, 2018, 07:41:47 AM |
|
Hello Ripple believers, Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies. It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of Etherium at: https://cointopper.com/coin/rippleConstructive criticisms are always welcome at CoinTopper. Thank you!! |
|
|
|
|
enhu
Legendary
Offline
Activity: 2492
Merit: 1018
|
|
May 25, 2018, 09:10:59 AM |
|
Saw Ellen Degeneres episode where Ashton Kucher shows how to send ripple worth $40 Million to Ellen ripple donated it to Ellen and confirmed Ashton Kucher invested on Ripple. Seem like they are the first to show how crypto currency work in the mainstream media. It won't be long for the bull run to start.
|
|
|
|
Chronner
Member
Offline
Activity: 420
Merit: 31
|
|
May 25, 2018, 03:23:58 PM |
|
Take the time and read this.
You will understand why Ripple is the best!
For years now the Bank for International Settlements (BIS), International Monetary Fund (IMF), G20, BRICS, and the Financial Stability Board (FSB) have all been working together on developing the best alternative to the role of the USD as the primary reserve asset used in the global monetary system. The challenge has been to find a supra-sovereign asset, which is an asset not owned or anchored to the domestic economy of any one nation, with enough global liquidity to function as the base, or bridge asset, for the full global framework.
The USD, and the British pound before, has been a drag on the international system almost since its rise to full prominence in 1944. The use of a domestic currency as the bridge asset in a global system ensures that the demand placed on that currency will expand the money supply far beyond what the domestic economy can sustain. This is what happened with the USD and the symptoms are around us everywhere.
...
Blah blah blah, an alternative to the dollar, blah blah blah. If it really is, then the ripple will be hanging around $ 1. Nothing good will come of it. But hamsters will be able to brother when it will rise> $ 1 and sell when it goes <))) this is their fate)))) Maybe this part is more tailored to you. If u dont want to take the time to read it This is where the crypto asset XRP by Ripple comes into play. XRP will be capable of providing cross-border payment services measured in seconds at only fractions of a cent. What reserve currencies have been doing for centuries, XRP will do at thousands of times the efficiency. Considering that ledgers are the new banks, the interledger protocol of Ripple should create a lot of excitement as the one bridge function which connects all other ledgers and allows for value to move around the world. As such, the interledger is the new version of the reserve currency in the same manner that ledgers are the new banks. The new global crypto monetary framework, or the castle, so to speak, and the wealth within it, will be managed and protected by the interledger system, with XRP serving as the bridge asset in a new exchange arrangement which will eliminate the imbalances and inefficiencies associated with past fiat reserve currencies. Those business, banking, and academic interests which have moved from empire to empire will no longer have control as the fully decentralized XRP interledger expands. Not even Ripple will have influence or control over the interledger once more non-Ripple validators are added. Each ledger which joins the interledger can have its own validator. This would be the distribution of fairness within the architecture. Consider, if decentralized ledgers are the new banks, then by default of definition, the interledger would be the decentralized World Bank which makes it all possible. Except in this case, no one nation with a dominant reserve currency can control it through hegemonic business and banking practices. While a decentralized XRP guards the castle gate, the new crypto USD and Bitcoin, and those who attempt to control and manipulate both, will not be allowed to corrupt the new global crypto monetary system and cause an unfair, undeserved, and imbalanced movement of wealth and value to the places which convenience them the most. The full system will be protected by the XRP interledger through blockchain sword and spear. It is inevitable that each nation’s central bank will develop their own ledgers and hold other cryptos in what are now called the foreign exchange reserve accounts. China wants to exchange crypto RMB for crypto USD? It will do so through using XRP as the exchange asset. The Federal Reserve wants to hold Bitcoin in its own foreign exchange reserve account? It will have to exchange crypto USD for Bitcoin first by using XRP as the exchange asset. XRP will be the bridge asset which serves to connect all assets and ledgers through the interledger protocol. The unpopular truth which most do not see during this early time of adoption is the total dominance which XRP will attain in the future. With payment apps and a whole new micropayment industry emerging, there will come a time when needing anything other than XRP will be forgotten. Shush, don’t tell the Crown Beast! so many fools in this thread are blinded by much ignorance... but im not surprised as i experienced it a lot in the early days of mining bitcoin. Narrow minded, closed minded fools who cant step back and try to understand the big picture. "banks ahh... tokens ahhh...pre-mine blah blah blah...", Crypto WILL enter EVERY aspect of society in the future. Idiots just don't get it, but they will..... too late though. MemberBerries, good on you for trying to educate people with your great posts, (merit deserved), I feel your frustration..... personally i have a long history dealing with these blind fools IRL and have ceased to bother. Good luck mate. Kind words like those from you keep me up to educate others further! Even when its sometimes like talking to a blind fool. Thanks a lot for keeping me motivated Ripple was good for investment last year. He brought a monotonous joy and fun to me and my family))) But in this I think that these "swings" vryatli will repeat |
|
|
|
|
eerygarden
|
|
May 25, 2018, 11:30:50 PM |
|
whats the best exchange to buy ripple on? Im looking on bittrex right now, are there exchanges with less fees?
|
|
|
|
|
friends1980
Legendary
Offline
Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
|
|
May 25, 2018, 11:50:02 PM |
|
Saw Ellen Degeneres episode where Ashton Kucher shows how to send ripple worth $40 Million to Ellen ripple donated it to Ellen and confirmed Ashton Kucher invested on Ripple. Seem like they are the first to show how crypto currency work in the mainstream media. It won't be long for the bull run to start.
Yeah this is the link to the video on Youtube: https://www.youtube.com/watch?v=IfEyQXiORMwLike Ripple or not, this is huge publicity for it, and probably for crypto in general. |
|
|
|
|
karma_project
|
|
May 25, 2018, 11:50:23 PM |
|
I hope that soon the price of this coin will grow significantly. It seems to me that ripple is a very promising and interesting coin on which I can make good money.
|
whitepaper | [large]DataBloc [/large]| websiteThe Airbnb of Data Services[small] Twitter | YouTube | Telegram | Facebook | LinkedIn | Reddit[/small] |
|
|
|
|
|
|
|
heidikim
|
|
May 26, 2018, 02:38:21 PM |
|
If there is an upsurge in Ripple, it is known that there is an increase together with an increase in market volume. Unfortunately, this ripple is not sustainable permanently. But I'm guessing that the long-term $ 1 levels will reach a certain level.
|
|
|
|
|
JMD07
Member
Offline
Activity: 378
Merit: 10
|
|
May 26, 2018, 02:47:47 PM |
|
Saw Ellen Degeneres episode where Ashton Kucher shows how to send ripple worth $40 Million to Ellen ripple donated it to Ellen and confirmed Ashton Kucher invested on Ripple. Seem like they are the first to show how crypto currency work in the mainstream media. It won't be long for the bull run to start.
Yeah this is the link to the video on Youtube: https://www.youtube.com/watch?v=IfEyQXiORMwLike Ripple or not, this is huge publicity for it, and probably for crypto in general. Wow. I'm hoping that this could bring more buyers on ripple and get back on track as I did not seen any good rally on ripple after it reached $3 last year. Indeed, this is a good news to crypto world. |
|
|
|
|
Oktianabns
Jr. Member
Offline
Activity: 146
Merit: 2
|
|
May 26, 2018, 03:30:44 PM |
|
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
|
|
|
|
|
|
Branko
|
|
May 26, 2018, 03:36:54 PM |
|
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
You know nothing, Oktianabns |
|
|
|
|
ðºÞæ
Sr. Member
Offline
Activity: 1176
Merit: 297
Bitcoin © Maximalist
|
|
May 26, 2018, 07:20:15 PM |
|
Ripple will flourish in the upcoming years. Just be patient and wait for the right moment. Ripple can grow as big as bitcoin in future. Many banks are already testing on ripple technology. So, hold your XRP till the time is right.
Banks can not work with something yoyoing all over the place they need staple price thats why they create there own distributed ledger databases same tech as ripple (database with servers at different locations ) Check R3 with Corda. R3 are in legal dispute with ripple over the sale of 5% of all ripple at $0.0085 a piece. 200 banks joined https://www.r3.com/And now 7 Indian banks have there own "blockchain" which it is not, anyway. https://www.investopedia.com/news/infosys-banks-build-blockchain-finance-network/No-one absolutely no-one is interested in 2%+ inflation rate for ever. The whole point of crypt is to get away from this wealth losing junk. |
"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
|
|
|
MasterObsheniya02
Member
Offline
Activity: 210
Merit: 10
|
|
May 26, 2018, 07:44:05 PM |
|
The price of Ripple have dropped a lot since Coinbase officially announced that they have no plans to support Ripple on Coinbase platform recently, it seems that the spreading of rumors on Coinbase planning to add Ripple to its platform are just a trick to manipulate Ripple price.
|
|
|
|
|
|
