Callaway

Correct - they addressed this concern by placing it in escrow lockup. They can only access 1 billion a month, to be used to incentive liquidity, expand business/ecosystem, etc. Whatever is unused goes back into escrow rotation. Explained in full detail here: https://ripple.com/insights/ripple-escrows-...predictability/

Ripple/XRP might actually be coming to Coinbase very soon. This video surfaced on twitter. Looks legitimate. It'd be fairly difficult and time consuming to fake it this well IMO.. https://streamable.com/teoww

Goldman is setting up a trade desk for crypto. Anyone asking if now is still a good time to get in, i'd say the answer is, yes. Institutional money is about to start flowing: https://www.bloomberg.com/news/articles/201...cy-trading-desk

They seem to be doing a countdown of sorts for the fifth anniversary of XRP on their official twitter today. Putting out content every 30 mins or so. Feels like it may lead up to an announcement. The live Q&A with David Schwartz is starting in about 15 minutes or so. Live stream Q&A: Official twitter: https://twitter.com/Ripple

Welcome to the $1 club! Nice to see all this action after months of stagnation. I'm hoping the coinbase rumor comes to fruition. Either way, I think we are going to be blown away by what is yet to come in 2018. I'm also starting to think there's a very good chance we get some news today.

XRP moving for two reasons: 1. Tomorrow is the fifth anniversary of XRP. Lots of individuals speculating they will announce the two huge unannounced partnerships that David Schwartz previously hinted at to coincide. The XRP Q3 report Ripple published said that they would announce additional Xrapid/XRP partners in Q4, and this hasn't happened yet, so there's some possibility this could come to fruition. 2. David Schwartz live Q&A tomorrow ( ). This is really just baseless speculation. Perhaps a nugget will be gleaned if you read between the lines, but I would not expect anything necessarily price positive from this. I expect it to generally keep rising up until the Q&A and then correct to a new level of support, unless he slips something blatantly obvious, or the partnerships are announced prior, which most likely would cause it to hit the afterburners. Just my two cents.

Toast wallet is a good one. You can get it on the Apple app store, or their website for desktop application. Otherwise, Nano S is best hardware wallet for safe storage IMO. Toast wallet link: https://toastwallet.com/

Another bank partnership announced today, and more foundation laid for the future use of XRP: https://twitter.com/Ripple/status/942827310050193408

Banks will care about price for two reasons: 1. Higher price = more liquidity = less volatility. The price right now must increase by default in order to increase liquidity to be able to accommodate the large amount of transactions in the ecosystem Ripple is trying to capture. Ripple is also quite dedicated to the stability of the price, as they understand financial institutions will be wary of a currency experiencing constant high volatility. They tend not to speculate or try to create hype in order to prevent such. XRP has been one of the more stable coins if you really dig down into the price. It's had small periods of massive growth, followed by long periods of stable, fairly small swings. The high supply by nature makes it hard to swing the price significantly often. Also, as you mentioned, the transactions are almost instant, which makes it less of a factor. Furthermore, keep in mind in the future there will be instruments to hedge against volatility if necessary (market makers willing to take on the risk, etc). 2. I think you started to touch on this one, but banks buying in now have a large incentive. They are able to buy XRP OTC as an institutional purchase from Ripple, at a discounted rate. With the price increasing steadily, they stand to positively affect their balance sheet significantly going forward.

I wholeheartedly agree. I think it's been best described as .COM 2.0. Many are simply money grabs and will eventually disappear, the few left once the dust settles will change the world. Anyone getting in for long term holds should definitely perform their due diligence. Fundamentals, real use cases, and utility are key. As with any investment, don't be foolish and put in more than you are willing/able to lose. In the meantime however, short term you can easily make 2-3x your money by trading the widespread mania and heavy speculation.

Looney covered it in general, but refer to my reply to Rawr above for more detail. XRP is mainly intended to be a bridge currency/asset, not to replace fiat.

No problem - the price is paid in a fraction of XRP, or what is referred to as a "drop". The current minimum transaction fee is 10 drops, or .00001 XRP. This transaction cost is only intended to to prevent spam on the network, or someone from creating a denial-of-service attack. The cost is designed to increase with load on the network, making it prohibitively expensive to deliberately or inadvertently overload the network. To expand on your cash vs fiat comment, for Bitcoin it could be argued that it's aim is to attempt to replace fiat, being a decentralized currency where individuals essentially become their own banks, as they hold their own money, and the network validates the transaction. In terms of Ripple/XRP, your comment is more accurate. XRP is intended to be a bridge currency/asset, which operates on the Ripple ledger, and is executed via the consensus protocol, which is Ripple's version of the blockchain. Ripple's goal is to enable what they call the "Internet of Value", which is to say they want to achieve making money move like information does over the internet today. Currently banks have hold large nostro and vostro accounts of various fiats to convert incoming/outgoing international wires. With XRP, the idea is that they will only need to hold it in place of all of these different fiats. In simple terms, whenever a wire is sent, they will simply convert fiat to XRP, the transaction happens digitally in seconds, for a fraction of a penny, and then the receiving bank will convert XRP to the desired fiat, and vice versa. The application can even extend to payments for international companies, such as Uber or Air BNB. When Uber wants to pay a driver in a different country, it's not currently possible to achieve this quickly or cost efficiently. With XRP, they could execute and convert to the desired fiat for a fraction of a cent, and almost instantly. Similar for Air BNB, currently they have to sit on all of these reserves of foreign currencies to allow patrons to pay hosts across the globe. Alternatively, they could just sit on a large pool of XRP and convert payments in and out of the requisite currency. There's so much I left out of my original post. Ripple is covering a lot of ground right now. I encourage anyone interested to peruse www.ripple.com/insights/ to read up on everything they have been working on lately. Also, for anyone trying to understand how Bitcoin, blockchain, and how Ripple's consensus protocol/ledger works, here is a video of David Schwartz from Ripple giving a great blockchain software development presentation, that explains it well:

I'd give bitstamp.net a try. Here is a guide: https://ripple.com/xrp/how-to-buy-xrp-on-bitstamp/ For other options: https://ripple.com/xrp/buy-xrp/

Lol - yeah there's still a little bit of a learning curve for the average person to get into crypto. I'm really hopeful Coinbase will add it, as that's the easiest method. Log on, add funds, buy desired amount. Bitstamp.net probably remains the most painless method as far as XRP is concerned. Someone else mentioned Binance, which may also offer a similar experience. The good news is as crypto goes more and more mainstream, the barriers to entry will fall. The better news is that because of that, the market cap still stands to grow exponentially by default for anyone just getting in now.

Browsing the various Reddit forums for each is a decent way to gather info. I've found there's usually a sub reddit for most of them. You do have to read between the lines a bit, as obviously each one will be somewhat biased. As I'm most bullish on XRP, I spend the majority of my time in that community. There's a great forum for it with a wealth of information, XRPchat.com. Also bitcointalk.org has been around basically since Bitcoin's inception.

Combination of methods/exchanges. I originally purchased the majority using Kraken, sending funds directly from my bank account, and then used the USD/XRP pairing to buy. I've also purchased some using Coinbase, by buying either Bitcoin, Ethereum, or Litecoin, and then transferring to Poloniex. Once at Poloniex I sold off into USD tether, and then purchased via the XRP/USDT pair. I prefer the Poloniex exchange for trading purposes.

There are several avenues. I've used Kraken to send funds in, and then bought directly from the USD pairing. Kraken has become awful to use lately. It's extremely slow and a pain in the ass to access most of the time. I've heard good things about bitstamp.net, and you can purchase with cards or bank account, with a direct USD pairing for XRP. Otherwise you would need to use an exchange such as Coinbase, buy BTC, transfer to an exchange that offers XRP, and buy it via the BTC/XRP pair. There are some rumors swirling that XRP may be added to coinbase here soon, but I have yet to see anything completely concrete. The CEO of Coinbase was originally against adding Ripple/XRP, as they had a conflict of interest with a project they were trying to accomplish themselves. However, it's become too big and the pressure is mounting to add it. They are just missing out on profits by not doing so. If it does become added to Coinbase, expect another surge in price from that event alone.

Bought a significant amount around the same levels. I believe XRP/Ripple will become dominant in 2018. It's been "hated" on in general by the crypto community, because they have been working with the establishment, instead of against it. Logically however, they are on the right path, and the tech is first class. It's the only crypto with real enterprise customers, and an extremely focused use case. They are also way ahead of the curve regulation wise, which will inevitably find it's way into this space. I know someone here asked about Stellar. It's basically an XRP clone. Read up on Jed McCaleb and his departure from Ripple. He basically forked the Ripple code, and tried to call it his own. He had issues and had to rebuild it, but it's essentially the same concept. The guy comes across as a complete jackass. He was the original creator of Mt GOX, and even though he sold it to the guy that eventually went down with it, several believe the issues started with him. BOA also backed out from pairing up with Ripple in the early days, strictly because Jed was associated. BTW - For anyone interested, they have made strides this year. Ripple recently partnered with AMEX, with an aim to utilize XRP down the road. They also have over 100 of world's largest banks on their messaging software, RippleNet. They're slowly building the foundation right under everyone's noses, and soon a significant amount of banks will be on the same software, which makes using the native asset XRP a no brainer (using Ripplenet alone saves 30% for cross border payments, combined with XRP, it's 60+ %). The tech is able to accommodate 1500 transactions a second, with said transactions costing a fraction of a cent. Today, 61 banks in South Korea and Japan began testing cross border payments utilizing Ripple's blockchain technology, with plans to go live using XRP in the spring of 18'. Furthermore, I'm a part of an excellent & connected Ripple chat community, in which David Schwartz, who is the Chief Cryptographer, and original architect of the Ripple ledger/XRP, regularly interacts with. When asked about upcoming partnerships this last week, he commented that while he couldn't go into the details, there are two huge household names, non-banks, soon to be announced (think possibly Visa/Mastercard, perhaps even Amazon, etc). Anyone here who has sent a cross border payment will be able to attest to the time/cost it takes. Yes, there is a huge supply at 100 billion coins, but you have to account for the fact that the amount of daily international remittance is in the trillions. If they are able to capture even half of that market, the price per coin will be significant. IMO, Ripple is a sleeping giant. Take it for what it's worth.

http://www.cnn.com/2014/10/08/health/ebola....html?hpt=hp_t1 Yep! I wonder if the CDC wants to reiterate that we have nothing to worry about, best care in the world, etc etc.. Ban all Visas originating from Africa NOW! And pray this was able to be contained to just him.

http://www.cnn.com/2014/10/02/us/texas-wom....html?hpt=hp_t1 Now they are saying he has a "partner" here. So was it his sister, or partner?? Can we trust him not to procreate in the oh, 40 something days it takes before it cannot be transmitted via his semen, if he survives? If she doesn't come down with it first? Unlikely as I'm sure he'll be jailed/quarantined and dealt with before he would get the chance, but it boggles the mind to think of the possible scenarios. SPEAKING OF...according to CNN she is quarantined with her children in the apartment he was staying in, and the CDC has not taken the sheets he slept on, the towels he used, etc etc. They left it up to her to clean the place. LOL. WTF you say? Quarantined in the very apartment most likely covered with this G##$amn virus? Granted, perhaps they feel she and her kids were so exposed to it their fate is already sealed. Either way..what kind of dimwits are running this show up on Capitol Hill?? We've got this under control, alright.

http://www.nytimes.com/2014/10/02/world/af...uncan.html?_r=0 Apparently he helped carry a woman that had ebola, who later died, to the hospital on September 15th. He flew to the states 4 days later. Obviously this jackass came here knowing in all probability he was carrying this biological #$#$ing time bomb! So not only are we paying money for his care, he has put our population at risk. UNBELIEVABLE. Throw him in the Gulf and feed his ass to the sharks! And for God's sake would our worthless government put a moratorium on flights from Africa already??

Wow that is awesome! Game changer for sure at those prices, what combo did you pick up and where if you don't mind me asking?

Boston Globe reporting Marathon suspect in custody, second on the lose! (All related to this incident). http://www.bostonglobe.com/metro/2013/04/1...99zK/story.html

And beng loaded, some exhaust sounds here as well and a chance to see what the rear looks like at night! Looks pretty good!

Jay Leno checks out the new Corvette inside and out, takes it for a spin: