Ripple continues to partner with large institutions - page 2.

GBCrypto1

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Quote from: dioneparaiso on March 03, 2018, 12:16:05 PM

During this week, two new institutions have announced a partnership with Ripple, the cryptomoeda "financial darling" who ranks third in the ranking of the largest crypto-currencies in market value, with more than $ 35 billion recorded. Recently, Ripple announced other partnerships with Itaú and Western Union, for example.

Among the new institutions joining forces with Ripple is South Korea's Worri Bank, which has used the criptomoeda platform for international remittances, according to South Korean news portal ChosunBiz, which also noted that the Department of Digital Strategy of the bank plans to market Ripple's solutions to the South Korean financial market.

I am not sure if this will affect XRP price as the ripple technology is being employed and not XRP.

cryptocrocs

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Quote from: Troysen on March 03, 2018, 05:23:59 PM

The future of a crypto is shown by not only the number of investors willing to back its project, but the quality of those investors. Ripple has managed to convince big time investors to invest on its projects, and the fact that these institutions are willing to, shows the potential ripple has.

You should do a lot of research boy! XRP shouldnt be considered as a cryptocurrency being centralized and it was created thru the banking structures,being backuped by the centralized bank is enough reason to dump this coin and forget that this banker's coin exists.People should be alarmed because our community is being invaded by a digital fiat currency,do you wonder why XRP's price isnt moving? because it is being dumped by these bankers.

vaso11

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Quote from: dioneparaiso on March 03, 2018, 12:16:05 PM

During this week, two new institutions have announced a partnership with Ripple, the cryptomoeda "financial darling" who ranks third in the ranking of the largest crypto-currencies in market value, with more than $ 35 billion recorded. Recently, Ripple announced other partnerships with Itaú and Western Union, for example.

Among the new institutions joining forces with Ripple is South Korea's Worri Bank, which has used the criptomoeda platform for international remittances, according to South Korean news portal ChosunBiz, which also noted that the Department of Digital Strategy of the bank plans to market Ripple's solutions to the South Korean financial market.

Maybe at least it will somehow raise the price up, since I bought in February and expect growth

MikhailLiebenstein

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This is a good summary of where Ripple sits:

https://cryptodaily.co.uk/2018/03/ripple-xrp-will-surpass-ethereum-eth/

TrumpD

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I know there's a lot of negative reaction towards XRP from hard-core decentralized crypto individuals. And I understand where it may be coming from. But wouldn't it be good to have a "case study" as to what a centralized crypto would look like and perform? So that other "real" cryptos can learn from and implement into their system? As long as there are more decentralized cryptos than centralized ones, the community is still very strong. I for one invested the bare minimum just to see how far it could go - will not be investing anymore andwWill definitely cash out when I see meaningful returns, if ever.... Embarrassed

MikhailLiebenstein

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Ripple is motoring. They’ve just had a Korean payments house announce the implementation of a remittance system for 2019. The pilots are starting to go live!

https://cointelegraph.com/news/south-korean-bank-plans-commercial-ripple-remittances-by-2019

rezurect

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Quote from: ðºÞæ on March 03, 2018, 05:32:03 PM

Quote from: Troysen on March 03, 2018, 05:23:59 PM

The future of a crypto is shown by not only the number of investors willing to back its project, but the quality of those investors. Ripple has managed to convince big time investors to invest on its projects, and the fact that these institutions are willing to, shows the potential ripple has.

They invested in Ripple not Ripple (xrp)
In Simple words they invested in your stupidity. xrp is a crypto dumbness gauge, price/gauge up a bunch of lunies/loonies found.

Great summary
I can't even call xrp a crypto.

ðºÞæ

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Bitcoin © Maximalist

Quote from: Troysen on March 03, 2018, 05:23:59 PM

The future of a crypto is shown by not only the number of investors willing to back its project, but the quality of those investors. Ripple has managed to convince big time investors to invest on its projects, and the fact that these institutions are willing to, shows the potential ripple has.

They invested in Ripple not Ripple (xrp)
In Simple words they invested in your stupidity. xrp is a crypto dumbness gauge, price/gauge up a bunch of lunies/loonies found.

Troysen

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The future of a crypto is shown by not only the number of investors willing to back its project, but the quality of those investors. Ripple has managed to convince big time investors to invest on its projects, and the fact that these institutions are willing to, shows the potential ripple has.

joselitobayagbag

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It has nothing to do to our community,XRP is not a cryptocurrency and we shouldnt be support this coin,it is a culprit and a timebomb why? because if this coin will dominate our market the bankers will be the ones who will win,as it is backuped by the central bank.,has the bankign structure which makes it very centralized no cryptocurrencies should be centralized.

Ctn

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It is so sad that being so active this currency is not moving inch from its original price. This clearly states that hwo centralised system can get your asses abided to their rules and regulation. If so many rules and regulations are in place already then I am pretty sure they will have the upper hand while displaying the prices to us. They will never exceed the prices above certain limit because they know very well there will be mass dumping of their coin and thus they will have loss I'm future. It's just another greedy team behind their company and I don't like the blend of ripple being centralised and the decentralised blockchain.

ðºÞæ

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It does not matter how many deals Ripple Inc signs. It has nothing to do with XRP. Google "fraud".
Technically the post has nothing to do in a crypt forum of a company signing a partnership deal with another company both centralized. Where is there any connection to crypto?
Secondary, a centralized database with signatures is not crypto.

nata777

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Quote from: dioneparaiso on March 03, 2018, 12:16:05 PM

During this week, two new institutions have announced a partnership with Ripple, the cryptomoeda "financial darling" who ranks third in the ranking of the largest crypto-currencies in market value, with more than $ 35 billion recorded. Recently, Ripple announced other partnerships with Itaú and Western Union, for example.

Among the new institutions joining forces with Ripple is South Korea's Worri Bank, which has used the criptomoeda platform for international remittances, according to South Korean news portal ChosunBiz, which also noted that the Department of Digital Strategy of the bank plans to market Ripple's solutions to the South Korean financial market.

I think that it will not help him to grow, and he will not grow up in the near future. Since recently he was heavily raised in price, and the next growth will not be soon

cryptotnak

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The community dont really care because most of the people knew this coin is a very centralized and was created using the banking structure.Why are we here? because of the decentralization of the currencies,are you here because you love the banks? i dont think so neither i,so if you really believed in bitcoin and the cryptocurrencies you shouldnt be supporting this centralized coin.

cryptomngr

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XRP shouldnt be supported by our community,being centralized and manipulated by the few people behind it really sucks!We are a decentralized community which makes this coin out of place.Truly those people who doesnt do researching would invest to this manipulated coin,and only those who are doing their homework would be safe with this banker's coin.

VanKleiss

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Quote from: dioneparaiso on March 03, 2018, 12:16:05 PM

During this week, two new institutions have announced a partnership with Ripple, the cryptomoeda "financial darling" who ranks third in the ranking of the largest crypto-currencies in market value, with more than $ 35 billion recorded. Recently, Ripple announced other partnerships with Itaú and Western Union, for example.

Among the new institutions joining forces with Ripple is South Korea's Worri Bank, which has used the criptomoeda platform for international remittances, according to South Korean news portal ChosunBiz, which also noted that the Department of Digital Strategy of the bank plans to market Ripple's solutions to the South Korean financial market.

The last time I read the news , Bankers declined Ripple to be used in their transactions. It is easy to say they have partnership, but years go by and no bank declared that they will use Ripple for their banking transaction. Not even a test to justify that Ripple is good to use and reliable in terms of speed and convenience of use.

jbautistangina

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Quote from: dicaprio on March 03, 2018, 12:31:23 PM

Many have already talked about what a Ripple project is. I probably will not change my opinion that this project has a very strange structure and most likely I will not continue buying coins of this project, because I consider it not safe

Banking structure surely doesnt have any place to our community,we are a decentralized community and we are here because dont want the existing centralized banking system,dont want to be rude XRP shouldnt be called as a cryptocurrency it is just like a fiat in a digital form just like what visa and mastercard has a plain centralized digital currency that is hiding in cryptocurrency's uniform.

dicaprio

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Many have already talked about what a Ripple project is. I probably will not change my opinion that this project has a very strange structure and most likely I will not continue buying coins of this project, because I consider it not safe

KylesmomisaB

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Not entirely surprised that Ripple ended up linking arms with Western Union, but that is smart on Western Union's part that is for sure. I have been saying for a while now those who don't adapt to the changing of industries will die out, and good for WU for realizing this at this point in time.

cryptomunt

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Quote from: dioneparaiso on March 03, 2018, 12:16:05 PM

During this week, two new institutions have announced a partnership with Ripple, the cryptomoeda "financial darling" who ranks third in the ranking of the largest crypto-currencies in market value, with more than $ 35 billion recorded. Recently, Ripple announced other partnerships with Itaú and Western Union, for example.

Among the new institutions joining forces with Ripple is South Korea's Worri Bank, which has used the criptomoeda platform for international remittances, according to South Korean news portal ChosunBiz, which also noted that the Department of Digital Strategy of the bank plans to market Ripple's solutions to the South Korean financial market.

The way these announcements keep rolling in only strengthens the position of Ripple. If they keep going at this rate I bet they'll pump bigtime again when market fully recovers.

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