Topic: [XRP] Ripple Speculation - page 530. (Read 637637 times)

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!!!

Ripple is evil corps coin, leave it alone to DIE

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


WOW...ITS HAPPENING

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

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

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.
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,   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. 

http://forbesjapan.com/articles/detail/15907/1/1/1
リーダシップ
Ripple
2017/04/21

<------------buying XRP (yea i know btc is near an ATH lol..but XRP will X more than btc)

the news is solid...the price will catch up, no matter what, XRP will be #1 crypto coin by the end of 2017

Nacha next week then May is a huge month for XRP..

FinTech and the Transformation of Financial Services + RIPPLE XRP
https://www.youtube.com/watch?v=7V6BBZcZDBs
Published on Apr 21, 2017

watch this...wow....

check out the proposition1 ,  73% agree on distributed ledgers taking over fintech more than ai, within 3-5years
lots to learn for everybody....collaboration between fiat and crypto worlds is just begining.
big changes are coming ...with XRP leading the way

well done XRP Ripple  

ps Mr Zagone...well spoken, cheers

Really? yesterday it was 2200 and everyone were crying why they entered on 2500, today you could sell it for 2800, more over for a month between 2000-3000. If you want every month 6x-10x, than its a wrong world man. If you short term trader with good budget, XRP makes your month for sure.

Will the ripple fly to URANUS
A lot of good news on Riplle but there is only a small reaction from traders

WOW ...ITS ALL COMING TOGETHER...
A few months ago....https://www.youtube.com/watch?v=ZckgnFDUOU8  
Retail Remittances
Published on Dec 9, 2016
customers expect an easy and low-cost way to send and receive money instantly, especially across borders. Yet existing payment systems make it hard for banks to provide this service. Ripple’s distributed financial technology helps overcome this challenge. With Ripple, banks can offer low-cost retail remittance services anywhere in the world.


TODAY....
https://www.youtube.com/watch?v=otERf5Nn9e8
Published on Apr 21, 2017
内外為替一元化コンソーシアム　Rippleを活用した送金プラットフォーム「RC Cloud」のコンセプト
Ripple RC


This is awesome progress....watch out for many more countries doing the same...very quickly....

2017 belongs to XRP

just a thought.....

Banks that are using/testing and loving XRP Ripple.....
afaik the XRP they are using is borrowed...
at some point (soon) they will have to buy it
The banks that use the XRP network first, get  cheaper or more XRP than the the late comers.

https://www.bloomberg.com/news/articles/2017-04-20/bbva-taps-blockchain-to-make-international-payments-in-seconds
 Edward Robinson
21 April 2017,
Blockchain may finally be moving out of the lab and into the marketplace.

Banco Bilbao Vizcaya Argentaria SA, Spain’s No. 2 lender, has executed its first cross-border payments through a system based on the software that supports bitcoin, the company announced Friday. Using a program built by Ripple, a San Francisco firm, BBVA has transferred about 50 euro-denominated payments to Mexico from Spain in seconds. Such transactions normally take up to four days to clear, the bank said.
wooooooooooooooooooooaaaaaaaaaaaaaaaaaaaaaaaa

Even though the price of BTC is increasing XRP is securing its price, so coming to the price XRP will be higher because many people have a lot of confidence in it, last time it touched around 7k sats.

Ripple is has to be enabled everywhere, now! http://www.coindesk.com/spreads-widen-bitcoin-exchanges-amid-bitfinex-banking-issues/

Market capacity is growing as-well, not just because people quit alts, just new investment come and first that they get converted to is BTC (or ETH, or LTC). I think end of week we going to hit 30 billion overall market cap.

I agree. Also you right. Ripple is can be strong against Bitcoin when it have support. All this depends on the preferences of large investors.