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Topic: xrp welcomed in dubai. (Read 474 times)

newbie
Activity: 58
Merit: 0
February 15, 2018, 03:42:49 AM
#44
The Saudi Arabian Monetary Authority (SAMA), the central bank for the Kingdom of Saudi Arabia (KSA), has entered an agreement with Ripple to launch a sweeping blockchain pilot that will see regional participating banks use Ripple’s enterprise blockchain for ‘instant’ international payments, the KSA’s central bank will also offer Saudi banks with ‘program management and training’, Ripple confirmed, underlining the bullish endeavor by the central bank to adopt blockchain technology
full member
Activity: 798
Merit: 104
February 15, 2018, 03:49:35 AM
#43
The Saudi Arabian Monetary Authority (SAMA), the central bank for the Kingdom of Saudi Arabia (KSA), has entered an agreement with Ripple to launch a sweeping blockchain pilot that will see regional participating banks use Ripple’s enterprise blockchain for ‘instant’ international payments, the KSA’s central bank will also offer Saudi banks with ‘program management and training’, Ripple confirmed, underlining the bullish endeavor by the central bank to adopt blockchain technology

Is this news legit? Because recently I read this article from other forum site and this is another great news for ripple (xrp) so we can expect another pump up? Ripple continue to spread all over the world and now it has an agreement Saudi Arabian Monetary Authority (SAMA).
member
Activity: 196
Merit: 10
The Experience Layer of the Decentralized Internet
February 15, 2018, 03:21:23 AM
#42
Although I don't know what is the relationship between XRP and blockchain , the XRP is centralized, but XRP can solve the problem of trust between Banks, and became a lot of the world bank's choice, so I think XRP lucrative investment is profit.
sr. member
Activity: 588
Merit: 254
February 15, 2018, 12:34:50 AM
#41
Where do you find news about it, is there a link I can read? If that's true, this will be good news for the XRP holder, hopefully this will also be good news for other altcoin holder
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
February 15, 2018, 12:27:47 AM
#40
Of course banks in dubai would use it, they are just as corrupt as xrp itself.

Please answer this question: why do you believe in xrp?
Is there any other reason besides money?
I highly doubt there is.
I will not believe you if you say, "Oh! Because it will reduce fees for banks and make them richer! That is GREAT for humanity!"


It means you are just as greedy as xrp and banksters which is one of the main reasons why Satoshi Nakamoto made btc in the first place.

I typically take the time to post in ripple threads because I really want ripple to die.
I don't want it taking some kind of precedent for other companies to use blockchain technology to fill the wallets of the rich even more.
For me, the true magic of crypto, is that it circumvents those systems completely.
So having one that brings you right straight through it just seems like insanity.


I concur. Dubai is a country with deplorable laws that punishes women who got raped.
Not a place that a decent crypto project would wish to have ties with IMO.
newbie
Activity: 56
Merit: 0
February 14, 2018, 09:04:12 PM
#39
Wow.. It’s nice to hear... but I don’t think it won’t rise morethan 4$
jr. member
Activity: 96
Merit: 3
February 14, 2018, 08:26:41 PM
#38
More I hear about ripple the more the old Who song's refrain goes through my head............... 'Meet the new boss, same as the old boss'.

No thanks ripple.
full member
Activity: 686
Merit: 131
February 14, 2018, 08:03:57 PM
#37
Of course banks in dubai would use it, they are just as corrupt as xrp itself.

Please answer this question: why do you believe in xrp?
Is there any other reason besides money?
I highly doubt there is.
I will not believe you if you say, "Oh! Because it will reduce fees for banks and make them richer! That is GREAT for humanity!"


It means you are just as greedy as xrp and banksters which is one of the main reasons why Satoshi Nakamoto made btc in the first place.

I typically take the time to post in ripple threads because I really want ripple to die.
I don't want it taking some kind of precedent for other companies to use blockchain technology to fill the wallets of the rich even more.
For me, the true magic of crypto, is that it circumvents those systems completely.
So having one that brings you right straight through it just seems like insanity.
full member
Activity: 434
Merit: 102
February 14, 2018, 06:15:40 PM
#36
That can only mean one thing: PROFIT. It's still is great time to buy Ripple, and you should definitely HODL! Chances are you'll get rich Grin
hero member
Activity: 1106
Merit: 501
February 14, 2018, 06:05:45 PM
#35

With more and more banks and money transfer company interested to use xrp application as one of their payment option this make xrp price surge even higher to its previous ath once market becomes bullish.

Nope its the reverse of what you've stated. While many banks starting to gain interest in XRP it is more likely to stabilize, XRP was a project that has a focus on its purpose so basically traders who seeks income is not interested in this anymore, knowing that many banks will support, it traders will reject it soon enough but for now the market still moves normally and XRP is being consistent with a little up and downs.
full member
Activity: 392
Merit: 103
www.daxico.com
February 14, 2018, 05:42:11 PM
#34
recently xrp service has been used by two large bank company and one of the biggest money exchange here in dubai. looking for a great future of this coin.
With more and more banks and money transfer company interested to use xrp application as one of their payment option this make xrp price surge even higher to its previous ath once market becomes bullish.
full member
Activity: 479
Merit: 103
February 14, 2018, 05:31:21 PM
#33
I am not at all a fan of Ripple. But as of Dubai, they are even bigger fans of Bitcoin. You can buy actually apartments with Bitcoins in Dubai.
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
February 14, 2018, 04:26:46 PM
#32
Companies and banks who adopts the Ripple Network (which Ripple will still profit from) do not necessarily have to adopt the XRP coin at all.
full member
Activity: 308
Merit: 100
The Operating System for DAOs
February 14, 2018, 03:52:17 PM
#31
There were a lot of positive news on this asset , but for some reason I am not quite trusting in this asset and the news on it , perhaps in 2018 and will continue to grow
I agree with you, the project is good, but its centralized system does not cause  trust
full member
Activity: 448
Merit: 100
February 14, 2018, 03:33:54 PM
#30
There were a lot of positive news on this asset , but for some reason I am not quite trusting in this asset and the news on it , perhaps in 2018 and will continue to grow
newbie
Activity: 11
Merit: 0
February 14, 2018, 02:46:13 PM
#29
I believe that is good for XRP i am holding a decent amount of it and i am waiting to go a little up and i think it would go up.
newbie
Activity: 7
Merit: 0
February 14, 2018, 02:35:25 PM
#28
This is good, there is much monies there  Grin
member
Activity: 182
Merit: 10
The stock photography revolution
February 14, 2018, 02:34:27 PM
#27
This one will help XRP price increasing a lot. The amount of money in Dubai is really huge so I think when any cryptocurrency accepted in this country, it'll have very good potential in the future. But I don't think this news can't help XRP price increasing immediately, it still need time to increase, maybe XRP price will be 5$ in next few months with the help from Dubai Smiley
member
Activity: 459
Merit: 10
🔥 Ultimate Launchpad on TON 🔥
February 14, 2018, 01:46:51 PM
#26
recently xrp service has been used by two large bank company and one of the biggest money exchange here in dubai. looking for a great future of this coin.
I am not quite fan of XRP because of its centralized feature like what these bankers hasin their banking system plus the bankers holding the biggest part of the supply of this coin which means that they can manipulate its price easily holding this coin wouldnt be a good idea because you might be trapped when these people dump its price.Either way i dont mind whatever news it has,because i am only going to trade this coin for short trades

Would you mind to link your source here?if you dont have well you are wasting our time.

Please do have time to check the link below:)

http://bitcoinist.com/ripple-signs-massive-deal-with-uae-exchange/

https://ripple.com/insights/national-bank-of-abu-dhabi-first-middle-eastern-bank-to-use-ripple-for-cross-border-payments/

https://www.ccn.com/uaes-rak-bank-partners-ripple-instant-blockchain-payments-india/

Ow!! great news. Amazing news. If this condition going well, crypto currency will be legal worldwide,  I believe it. National bank of Abu Dhabi taken a nice decision.
Ripple is good coin for traders/holder.
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
February 14, 2018, 01:42:50 PM
#25
recently xrp service has been used by two large bank company and one of the biggest money exchange here in dubai. looking for a great future of this coin.

Personally I won't support anything to do with Dubai. Trying to boycott that horrible country with deplorable and archaic laws where women who gets raped gets punished.
Hope to see their economy collapse.

Their tourist attraction there is also overpriced and overrated IMO.

#BoycottDubai
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