Ripple (XRPUSD)

[europa7]

Ripple Meets Hedera: Crypto Leaders' Groundbreaking Chat
https://u.today/ripple-meets-hedera-crypto-leaders-groundbreaking-chat

interesting...collaboration in the future for these excellent projects...?

[Brokemillwright]

How about that hbar? XRP aint leading

[WolfOfGrnStreet]

Anytime this government/sec/irs///// it’s a program.

[delerious1]

Looks like XRP making a bit of a run tonight....some good volume

[Alpha611]

Won't until he trades that paper cup in for the silver.

[trunkmonk]

If ur gaging a one day spurt vs value, u don’t seem to understand what holds water.

[Brokemillwright]

Matic up 15%, guess your statement doesn't hold water

[WiseYoda]

Ripple vs SEC Lawsuit: Tensions Rise as Ripple Prepares Response to $2 Billion Penalty — SEC to submit sealed reply brief on May 6 and parties can file motions until May 20. https://t.co/hQyJRJQHFa

[WiseYoda]

;)…..

[KC01905]

Ok. So I DID bump into my neighbor again tonight and as usual it’s late BUT I will retract my last statement. Here’s the deal.

OV Loop would NOT act as your point of sale. What they are is a hard wallet for individuals to use (like us). You would have access to participating companies rewards programs / online mall / DOES include peer to peer payment (real time settlement) … and IF YOU USE THE DEBIT CARD associated with the wallet for payments THEN participating companies would only pay a 1.99% processing fee vs the 3 - 4% most cards charge because all processing would be done unencumbered from CC rails.

But HERE’S where it gets interesting. He did mention OV Loop is involved in an antitrust lawsuit against the major CC companies (we are down to like 2 now that Discover may be being bought out which does not bode well for the future if that happens). If they win the case THEN they would be able to have any card linked from any bank and still be able to maintain the 1.99% processing fees because it would all be done in a closed loop system. It would all be done without using CC rails and … and I quote “CC companies are terrified of this disruptive technology,” I did ask if they are using crypto to make any of this possible. He said the only thing crypto related is the encryption on the file folder in the wallet for private information. But this still all seems like it’s pointing in one direction.

Is this more or less interesting? Only time will tell. Thoughts?

[Vulcanized Crawler]

you forgot ''needs''

[Alpha611]

? lol

[Sonic Boom]

You are very special.

[Brokemillwright]

But will crypto out perform anything else? Kinda like saying your gonna win the special Olympics. Sure they performed to their best, but they are not the best

[trunkmonk]

focus on point of sales is genius.

[WiseYoda]

Thats an important step because of the saving’s aspect so he should know or at least know the person who does.

[KC01905]

Those cheapies at .47 last week are already making money 😂😂 All I can say is IF OV Loop keeps fees so low there’s only one way they can do that. And if they accept any credit card at a POS (not just their own) then banks much better closer to using it then we think. Or it’s just traded out before the final step. I need to see tho kid again to find out more lol.

[WiseYoda]

Thanks amigo— been here for 7 years though but good to see others getting excited.

[trunkmonk]

Get on board, I believe XRP Ripple will outperform all other crypto, those worth anything anyway, for the remainder of the year.

[WiseYoda]

I find this interesting in customers having individual wallets that can be used with company POS systems like restaurants.

[Alpha611]

The human life is too short. Reason why everything is moving so fast.
The world needs things to slow down to enjoy what's left of it. But that can't or won't happen.
So best option for doing so or getting some of it back is to have patience. For me it always pays in the end.
Be happy! Time heals all.

[Alpha611]

Well, kind of agree with the monk. Unless your a flipper. Only one way to play is to stay.
Brings back old memories though. Or should I say song. / Fiddler on the roof. lol

[trunkmonk]

yesterday was a learning lesson on how everything works when a black swan shows up, everybody better prepare, cause i now know what is real and what is fake, and the fake stuff takes ur money for decades after to recover from. even Ripple is only back to bottom where it was, long term no issue, but for trading, XRP sucks and dont try it. better button up buttercups.

[trunkmonk]

So u think. Crypto is just small time investment compared to gold and miners. It’s long term but the short term didn’t go as I hoped. It was a risk on direction. So I’m down a little. Now I have a little less play money. I think ur confused, 99% of what have has more than doubled or more this year. Keep up the wrong conclusions and assumptions.

[Brokemillwright]

Sorry Charlie

Ripple was trending towards a decision point by either breaking above the resistance line and triggering the trade entry around $0.84 or breaking down in a bearish manner. We now know that it broke to the downside, therefore we need to steer well clear. It’s also continuing to underperform Bitcoin. Here’s the chart…

[Brokemillwright]

Lol r u kidding yourself? Seems you drank the fool aid at the wrong time. Seriously, you live under a rock? Not like we he haven't been on the brink of WW3 since we froze Russias money in the swift system and started giving it to Ukraine. You wanna use Israel as an excuse, go right ahead, that's not reality tho. Pull up a long term XRP chart, it's been referred to as a dying penny stock. I've been bit by a few of those and like to learn from my mistakes. Guess this is your first mistake lol

[trunkmonk]

never said charts include fundamental market hysteria and world events. R U kidding me?

[Brokemillwright]

I thought you were a chart guy. This just popped up a few days ago on a program i pay for. A free YouTube I watch has had a target of .04-.24

This is a perfect example of how technical analysis provides the framework, allowing you to make entry decisions based on scientific weight of evidence. Even with the evidence, it doesn’t always work out, but it definitely improves success rate. In this case, helping us to avoid an entry based on emotion (we never got anywhere near a breakout and my $0.84 entry point).

That’s the end of ‘Ripple Watch’. Requirements for future crypto trade set-ups include a breakout above current resistance levels and the ‘Total2’ chart breaking out versus Bitcoin (thus confirming a high probability of ‘alts’ beating BTC). The requirements for considering a new BTC trade are shown here

[KC01905]

So it’s like the wallets are for individuals / the POS aspect is for companies / and the wallet merges it all together. We also use pop menus for a lot of the things this wallet / pos could do. I think we are going to wish we had heard of it sooner 😂😂

[WiseYoda]

Thumbs up!

[KC01905]

Yes. So if you download the wallet there’s like an online mall where participating companies can set up rewards points / email blasts / any marketing campaigns / anything they want. It’s pretty innovative.

[trunkmonk]

I just wish XRP could break free of BTC control in pricing, but not yet.

[WiseYoda]

OV Loop can be used as POS system? Yes, I get it as restaurants are so integrated that changing to a new system can seriously jack things up.

[KC01905]

Anyone can use it as a POS system and he said it was far cheaper than any competition on the market. Because of our integrations it’s impossible for us to switch technology for so many reasons. However … anyone without these restrictions would be crazy not to. 3 of the owners spent the last 4 days in DC working on legislation for CC fees and minimum wages. Servers just made $50 / hour Tuesday night and $45 / hour on a Wednesday night. People don’t realize how detrimental wage legislation would be to restaurants in this arena. Especially as servers almost always make more than the proposed minimum.

[WiseYoda]

What restaurant is interested in using this new POS system? Is it a chain or family restaurant? You can use OV Loop as a POS system? It sounds interesting for both the merchant and the customer. I know many restauranteurs who tell me Toast is a good system but there merchant fee is 4% — its too high and have passed on it because of it. If a restaurant doesn’t need to use the system as a POS then how else could it benefit from it?

Also, hearing Japan and real time payments screams XRP.

[KC01905]

It’s a banger …

Ripple, Brad Garlinghouse on Fox this morning, talking stable coins and pushing for US regulators to step up. pic.twitter.com/uCqwWj5paa

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) April 18, 2024

[Alpha611]

MHO, When all said and done. And the clock is winding down fast.
Don't think you will....

[Alpha611]

Either way can't hurt. Will put it on the back burner for now. Sounds GREAT.
Hope it all pans out. / GL

[trunkmonk]

well i just accumulate. its long term, i see nothing better out there.

[KC01905]

And don’t get me wrong. I don’t know anything about their product. Someone on StockTwits said it had a low rating. And that may be the case. All I am saying is it has a certain demographic … has a SHIT LOAD of cool features (from a company & individual user standpoint) but there is no doubt when he said peer to peer payment and made the point to reiterate how it was done. If you saw his face when I asked him about XRP. Now this could be nothing. Maybe I am reading into it a little too much. But this isn’t some fluff hit piece about rails being build in another country. This is right here. Could be nothing. Could be the beginning.

[Alpha611]

Im not discrediting you. But I am in awe. Wish you all the best!
Still looking for that eye opener. Until I see it, I'll continue with the bottle opener.

[KC01905]

It’s been a WHILE since I’ve made any contributions of substance to the page so I made sure to get the tea. So here goes.

So Sunday I am returning home from 2 days of camping and I see my neighbor pull up. He’s taking tables out of his car and I immediately say “Please God … not a marathon party.” Turns out he was doing an event for a small fintech he’s been working at the last two years. OV Loop. Took me by surprise as I’ve always known him as a marine tech. This was a new gig and mentioned it may be something I’d be interested in.

So he mentioned the restaurant may even be interested using them as a POS. I told him we’ve invested a lot of time and energy into Toast and integrated it heavily with Restaurant 365 for invoicing / inventory / blah blah blah. But would listen to the pitch.

Basically … they run super cheap. But he did mention they can do VIP programs etc etc etc. (some things we would be very interested in) so he pulls out his phone and shows me the wallet they created and all of the cool things it can do from the customer side (as in the restaurant). And it’s cool as hell. But I explain I don’t make those decisions but would see if I could put him in touch with the right people.

But then he switched gears and focused on the wallet itself. It does have an e CC with a cvv code that changes every time you use it (virtually impossible to duplicate). Has a fob for your keys which can be used for 3 transactions without the phone nearby. Can be used to swipe or tap and pay (which by the way is ONE of the things this company created. Tap and pay). The fob can locate your phone … your phone can locate the fob with gps … and if you lose the fob you can disable it from your phone. All wild.

So I notice some of the customers on the wallet. Lulu lemon and Jaho coffee. You know Jaho he asked? I’m like sure they have that amazing coffee shop in Salem, MA and like two others in the Boston area. Jokes on me … turns out they are huge … in Japan … and are a major client of theirs.

THEN he tells me the most interesting thing. “If you have a wallet and I have a wallet … we can make peer to peer payments.” And I said “Cool … like Venmo or PayPal,”. And he said kind of … but these payments “settle in real time.” There’s no waiting period and it’s not messaging / IP based. So I said “That’s wild. I know you aren’t doing that with BTC or ETH. There’s only one token created for real time settlements.” He froze. Like immediately. He said OH so you know crypto. Well this wallet definitely does have a demographic … and even if the restaurant doesn’t want to use us as a POS you would love it. One cool feature of the wallet is it has an encrypted folder that only you know and can be used to store all of your passwords. So you don’t need tons of little seed phrases in a fire safe box (I had been seen). He went on to say you can store all of your phrases here and only have to remember one for the folder and blah blah blah. But he had already told me the good part.

Peer to peer real time settlements. One of their biggest clients are a major player in Japan (makes sense). We both joked about how far behind the US is falling. But super low transaction fees. What would make all of this possible. I have to talk to him again soon and will let you know what I hear. But I think we all heard the same thing.

[KC01905]

Well you can download the wallet from the iStore. They have an encrypted credit card whose CVV changes with every purchase making it virtually impossible to use. Its pos is awesome for companies BUT the wallet is also awesome for users like us. It can even do peer to peer payments unlike PayPal or Venmo because … and I quote … the payments happen in real time settlement. Not IP messaging and no waiting for payments. Real time.

[Alpha611]

Soon to be Mr. Sadman. ) :

[Alpha611]

lol....I think it's called Mr. Sandman. Both story and song!

[KC01905]

It’s bigger than that. I am downloading the OV Loop wallet from the App Store today. Regardless of how this conversation / story goes it’s definitely worth looking at.

[WiseYoda]

If XRP gets implemented into merchant use then this is good news.

[KC01905]

It’s a great story. Apparently they are the company that developed “tap and pay”. They have an application for businesses and then an application / app / encrypted credit card (cvv code changes with every purchase so it’s like impossible to steal). I was approached about using it as a POS system for the restaurants but wait til you hear the good part. Like f’ing over the top wild.

[WiseYoda]

Fill us in when you get some free time….

[trunkmonk]

well thankyou, i can use some good news for my Ripple right now, i have accumulating going down. its not healthy. i feel better on the way up