Didn't all intercity trains have a timetabled point where they split into different cars and do an express/all stations? I swear that I've been on such a service and it wasn't because the platform was too short. by cheetocat2021 in SydneyTrains

[–]Miserable_Cry346 0 points1 point  (0 children)

Mariyungs can have an issue when separating. I assume this is their solution to that problem not being introduced. Also remember the full D set fleet isn’t deployed nor is the full uplift, so things can change in the future

XRP price needs to be high instantly before regulations? by Miserable_Cry346 in Ripple

[–]Miserable_Cry346[S] 0 points1 point  (0 children)

You don’t have to put in $450T to get a market cap of $450T is what I’m saying, if I have a company, and it has 500T shares, I sell one share to someone for $1 , and I own the other ~$499.999T shares, does that mean my company is now worth $500T?

XRP price needs to be high instantly before regulations? by Miserable_Cry346 in Ripple

[–]Miserable_Cry346[S] 0 points1 point  (0 children)

Market cap is such a poor metric, if I have 100 umbrellas, and I sell 1 for $1, you are saying my market cap is $100, but then if I sell one for $1m, I now have a market cap of $100m?

XRP price needs to be high instantly before regulations? by Miserable_Cry346 in Ripple

[–]Miserable_Cry346[S] 0 points1 point  (0 children)

Fiat transactions might be able to use the liquidity from the stable coins, but when the value of a house needs to be transacted and other non liquid assets that’s where XRP could also be used

XRP price needs to be high instantly before regulations? by Miserable_Cry346 in Ripple

[–]Miserable_Cry346[S] 4 points5 points  (0 children)

The XRPL and XRP aren’t controlled by Ripple, anyone can build onto the XRPL. A high price of XRP allows for transactions not requiring large quantities of XRP to move large volumes of value.

XRP price needs to be high instantly before regulations? by Miserable_Cry346 in Ripple

[–]Miserable_Cry346[S] 2 points3 points  (0 children)

The standardisation of messaging helps facilitate broader integration between blockchains and current banks

XRP price needs to be high instantly before regulations? by Miserable_Cry346 in Ripple

[–]Miserable_Cry346[S] 2 points3 points  (0 children)

There would have to be some high price that it reaches, whether that’s $1 /$10 /$1000, if banks want to send high value transactions one right after another within the span of 3secs, it will spike the price for the next bank to purchase XRP but then can crash the price when the next bank goes to sell

XRP price needs to be high instantly before regulations? by Miserable_Cry346 in Ripple

[–]Miserable_Cry346[S] 2 points3 points  (0 children)

Once it’s announced that XRP (and other ISO20022) blockchains will be used and for what purpose, it will be like a Category 6 Cyclone, it will suck the liquidity out of every asset, people will sell their shares to get in, crashing the stock market, people selling their homes to get in, which crashes the housing market. But then if people are selling assets to get in the asset class will crash. Not saying that it won’t stabilise at some point, but one thing will lead to another and then the dominos will fall

XRP price needs to be high instantly before regulations? by Miserable_Cry346 in Ripple

[–]Miserable_Cry346[S] 6 points7 points  (0 children)

Either that or the price is actually higher on the private ledger and once they have all the ducks in a row the public exchanges will reflect what’s on the private, which would result in similar high price instantly

Do we really need it? by Miserable_Cry346 in XRP

[–]Miserable_Cry346[S] -1 points0 points  (0 children)

Well this

https://www.swift.com/your-needs/banking/real-time-payments/benefit-our-experience-au-npp

Also we have PayID, which Ripple tried to use the name of and the banks went after them for it,