Australian (ASX) Stock Market Forum

XRP - Ripple (in the pond)

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notting said:
This is rather out of character!
Not the one Duck thread to be taking advice from or seeking to feel reassured about your position.
Nothing tech/a about it.
Click to expand...
Maybe those thoughts are not his own! You know, someone putting words in his mind.
Kamikaze method - tooooo funny, I mean serious, no I mean how bizarre.
 
Thanks mate
I just don’t know what I was thinking——-
Note to self
Call Notting every time I get up 200%
He takes notes.

Did you let Packer Know ever time he blew $3 million on the blackjack table.
He sure could have used the sage advice!
 
Well no I never had his number!
But if he had been on this forum I may have suggested to take the other side of that trade!
No sign of a turn yet. I was thinking .60
 
Chart for reference .... the flat line is the DJI From the top to the bottom, XRP ETH DJI BTC LTCBTC LTC ETH XRP.PNG
 
Totally missed this action given all the other action.
But got a sell filled, which was good and bad, given it's up another 20% from there.
Could be a good week coming up for Bit nuts.
Duck might want a wet the bill before it's too late. It's still within your 1 to 1.50 range you liked back a bit? :xyxthumbs
 
Bought some more xrp at 0.97c during the crash, gotta say I'm happy but not over the moon it didn't crash back to 0.30c when I first started researching this coin.

That's what you get when you're over cautious and are more interested in how these exchanges work, daily limits, which one's to use and which to avoid, mining and admin fees, hot and cold wallets, and the ato's position on cryptocurrencies.

Moneygram and now Western Union confirm they are partnering with Ripple for trials. I'm HODLING my xrp

I like xlm and ada too
 
Rumours of Ripple doing a deal with Western Union. Could be great news for Ripple. I don't hold Ripple.
 
Not everything is coming up smelling roses.

The recently announced npp system in oz by the big 4 who were also trialling ripples payment system is one bit of bad news. Even though npp is for domestic use and not global it just goes to show you, you gotta be careful when you get into bed with bankers, and believe their pillow talk. Remember all the fanfare to bitcoins forerunner digicash back in the 90s?

Second bit of bad news was the collapse of the R3 bank consortium which funny enough included JP Morgan...you know the mob whose CEO told everyone to stay clear of alt coins!!

Full story https://www.google.com.au/amp/amp.timeinc.net/fortune/2018/01/09/cryptocurrency-ripple-xrp-lawsuit
 
Should also point out that Ripple has 3 protocols that it sells/uses

xRapid
xRapid is for payment providers and other financial institutions who want to minimize liquidity costs while improving their customer experience. Because payments into emerging markets often require pre-funded local currency accounts around the world, liquidity costs are high. xRapid dramatically lowers the capital requirements for liquidity.
​

xCurrent
xCurrent is Ripple’s enterprise software solution that enables banks to instantly settle cross-border payments with end-to-end tracking. Using xCurrent, banks message each other in real-time to confirm payment details prior to initiating the transaction and to confirm delivery once it settles. It includes a Rulebook developed in partnership with the RippleNet Advisory Board that ensures operational consistency and legal clarity for every transaction.​


xVIA
xVia is for corporates, payment providers and banks who want to send payments across various networks using a standard interface. xVia's simple API requires no software installation and enables users to seamlessly send payments globally with transparency into the payment status and with rich information, like invoices, attached.

https://ripple.com/solutions/

​
From memory only 1 bank has signed up with xCurrent the rest have gone with xRapid (or the other way around, can't remember). DYOR. This is not financial advice.
 
I am now a participant in the crytocurrency phenomenon. Bought 500 XRP @ 1.21 tonight. Can't hurt too much with a toe dip, can it.:cautious:
 
A boring time in crypto at the moment. At least I'm not checking prices all day.
 
XRP/AUD dipped to 94c now $1. Lot of thieves trying to lure the unlearned into crypto. They too need a slap.
 
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