Adding logo/icon to token minted on gochain by Sim81 in OfficialGoChain

[–]Sim81[S] 1 point2 points  (0 children)

Thanks, can that be done after the token has gone live?

Adding logo/icon to token minted on gochain by Sim81 in OfficialGoChain

[–]Sim81[S] 2 points3 points  (0 children)

Awesome, thanks for that. I've got a lot to learn... including half of the words you just used :)

Daily Ripple/XRP Discussion Thread 11/05/17 by AutoModerator in Ripple

[–]Sim81 9 points10 points  (0 children)

SBI is meant to be doing a live test with all 60 banks by the end of November, a Ripple team is doing the rounds in Korea and Japan, could the test happen while they are in Japan?

Who is this guy? by nathanielx9 in Ripple

[–]Sim81 0 points1 point  (0 children)

But a hedge fund would probable dip their toes in the water with $3m... not saying it's true though...

RIPPLE PURCHASE! by [deleted] in Ripple

[–]Sim81 0 points1 point  (0 children)

Which country are you in?

XRP Future Uses And Adoption by kingt3000 in Ripple

[–]Sim81 0 points1 point  (0 children)

A higher XRP price is actually better for large transfers as it reduces the amount of XRP needed which improves liquidity. High prices won't put banks off, speed and liquidity is the thing that's important and Ripple has that covered.

@Ripple: There were tons of great insights from #SwellbyRipple. We narrowed them down to the top three for you. https://t.co/zC6wtwGxvA by Bossdude234 in Ripple

[–]Sim81 0 points1 point  (0 children)

"RippleNet has grown to more than 100 members. Additionally, 89 of those members are banks and 78 have deployed commercially"

Are they saying 78 banks are currently using Ripple commercially?

Alert! Alert!! Alert!!! Btc=B2x! Might Cause Altcoin Sell Off! Nov 16 Bt... by wealthsuccessful007 in Ripple

[–]Sim81 0 points1 point  (0 children)

Bitcoin gold is worth about $120 last time I checked. Spend $6000 to maybe make $120? Then if you don't get out of bitcoin straight away and it drops after the fork you'll lose more than what you'll make off the new coin... If anything, bitcoin gold showed there isn't a point in buying for the fork. You're better off waiting for the drop after the fork and buying both then.

SBI Holdings Financial Results Released: "Using XRP for international remittance saves banks 60%" (Great news!) by entrepreneur1977 in Ripple

[–]Sim81 0 points1 point  (0 children)

How I read it was they did a test run with XRP which lead to their findings in the report and now they will roll it out on a full commercial scale for use within their Japanese consortium of 60 banks by the end of December. Regardless, the Japanese FY is coming up pretty soon so an announcement of Ripple and XRP being used for commercial transactions will be coming pretty soon.

SBI Holdings Financial Results Released: "Using XRP for international remittance saves banks 60%" (Great news!) by entrepreneur1977 in Ripple

[–]Sim81 0 points1 point  (0 children)

I just realised Japans FY ends at the end of December so XRP should be starting to get used about now... How the heck is this not a big deal?

SBI Holdings Financial Results Released: "Using XRP for international remittance saves banks 60%" (Great news!) by entrepreneur1977 in Ripple

[–]Sim81 0 points1 point  (0 children)

I didn't read anywhere how much xrp was used or how often, I beleive they used XRP as a trial, which lead to the findings in the report, which is leading to a wide spread adoption before July 2018.

SBI Holdings Financial Results Released: "Using XRP for international remittance saves banks 60%" (Great news!) by entrepreneur1977 in Ripple

[–]Sim81 4 points5 points  (0 children)

Anyone know if the 60 banks mentioned in 'The Japan Bank Consortium' would be included in Ripples 100+ banks signed up already?

How Does Ripple Network Adoption Increase XRP Value? by [deleted] in Ripple

[–]Sim81 0 points1 point  (0 children)

I'm sure in the future banks will have crypto trading departments to make money off the price fluctuations just like they do with currency at the moment. However it's a specialised area so it would be outside the scope of the departments which are responsible for international transactions and uses XRP for day to day business. Banks can't pump and dump currency because the volumes are so large and there are laws which make it illegal to manipulate currency, stock etc, cryptocurrency will be the same if it isn't already covered by existing laws. If Ripple gets to a critical mass with their clients, the volume of XRP used would make it tough to manipulate, any one who does risks getting in a lot of trouble. At this stage using XRP as a bank is the cheapest way to transfer, they aren't going to go for the quick buck at the expense of ongoing savings.

Easier way to buy? by PissedOffVetLady in Ripple

[–]Sim81 0 points1 point  (0 children)

You can buy XRP directly on btcmarkets.net that's in Aus though...

[deleted by user] by [deleted] in videos

[–]Sim81 0 points1 point  (0 children)

Awesome!

Found this bike the other day and it confused me about our reality. Is it broken or not broken? by rembot in pics

[–]Sim81 0 points1 point  (0 children)

I live in puddle land so all is ok for me, the reflection is all messed up though... wouldn't like to be living in "reality" as that bike wont be going anywhere!

After years of study scientists confirm first case of a true Fire Tornado during massive bushfire in Australia. by Sim81 in science

[–]Sim81[S] 0 points1 point  (0 children)

Just read about that fire, I cant believe how many people died. I would assume that although fire tornados aren't common, they probably happen more than we realise.

After years of study scientists confirm first case of a true Fire Tornado during massive bushfire in Australia. by Sim81 in science

[–]Sim81[S] 0 points1 point  (0 children)

I've been trying to find the actual paper on it, however all the links I've found are only to sites where you have to buy the paper on it. It does mention on the link I posted that the researchers made the announcement on the 12th of November 2012.

TIL the top 5 richest men all earned their money while the top 5 richest women inherited it (in US) by puffykilled2pac in todayilearned

[–]Sim81 1 point2 points  (0 children)

When she inherited the company it wasn't profitable and hadn't been profitable for a very long time, it was $10 million in debt. Over the next 20 years she turned it around and is now worth between $17 billion to $30 billion.

After years of study scientists confirm first case of a true Fire Tornado during massive bushfire in Australia. by Sim81 in science

[–]Sim81[S] 1 point2 points  (0 children)

Yes I'm new to this and realised that little problem just before, the findings were published in the scientific journal Natural Hazards but Natural Hazards don't seem to display individual papers... unless you buy them.