Connect with us

XRP

Could We Use XRP To Fight Email Spam? Can Ripple’s Coin Reduce Inbox Clutter?

Published

on

Here is an idea for you: what if we used XRP to fight email spam? Does this idea sound strange to you? A Reddit poster has about this very creative idea and how it could be used to save the world from spam.

Emails And How Spam Came To Be

Everyone is connected by the internet (at least the people with access to the internet, that is), so it is natural that this can be one of the greatest communication tools of all times. Because of this, the internet is the perfect space for advertising.

In fact, advertising on the internet has taken a major cut of what newspapers and other media outlets received before, but that’s a whole other story for another time. The point here is that the idea of email spam happened because people saw a free communication tool that they could use to reach anyone.

Emails were one of the earliest applications you could use on the internet and they allowed people to change information in a completely free way, which is why advertisers decided to use… and abuse it. Today, spammers are everywhere and while the best marketing teams have already decided to stop spamming people, most people simply kept this curse going on.

Others even used it to send malware to people in order to steal their money, so spam is really one of the evils of this century.

XRP As A Weapon Against Spam

The Redditor has affirmed that his idea was that email accounts should be one of the best places to host crypto wallets. Because of this, his idea was that Ripple’s XRP tokens were simply perfect in order to control spam with a paid email service.

According to him, the fees could be very small, but this would be enough to deter people from sending emails which are not very valuable because they would have to pay. As any wallet needs at least 20 XRP tokens, the life of the spammers would be harder.

His idea was to start out with only the XRP community and then grow and offer services for other communities as well by embedding the email system. This would allow people to have many different options such as receiving a small amount of XRP tokens for the emails that they receive from advertisers, which would have to pay. You could also send payments via emails.

The idea is interesting, however, it has some issues that could affect its success. For instance, one could simply decide that it is a better idea to receive spam than pay pennies to use the services or would not be able to use the services because they do not use cryptos (which still do not have a big adoption).

However, even if the market was big, embedding wallets directly on email services seems dangerous. Emails are easier to hack than wallets because people use them every day. Wallets, as they store money, should be more protected.

 

Source.bitcoinexchangeguide

XRP

XRP surges by over 7% in an hour, as coin breaks out of bullish pattern

Published

on

XRP has been at the mercy of the bears in the market and has shown only a minimal recovery after the August 14 fall. However, the coin’s price shot up in the short term and breached its immediate resistance.

4-hour 

Source: Trading view

Source: Trading view

In the 4-hour chart of XRP, an ascending triangle was formed. After the massive fall on August 14, XRP’s price was observed to consolidate within the triangle and indicated a bullish breakout that could be underway. The breakout occurred on August 18 with the coin noting a growth of 8.26%, valuing the coin at $0.2861. The coin had not been able to recover from the fall and had been trading at $0.2698 as the green candle took the charge, at press time and pushed the price of the coin up.

1-hour

Source: Trading view

Source: Trading view

In the one-hour chart, XRP was forming another Ascending triangle pattern highlighting the bullish breakout to be imminent. Awesome Oscillator pointed towards a reduced bullish momentum, at press time and boosted the price of the coin to $0.2861, surpassing its immediate resistance that stood at $0.27.

Source:ambcrypto

Continue Reading

XRP

XRP breaks out of descending triangle as short-term prediction suggests further slump in price

Published

on

The price of XRP has been taking a hit since the fall of Bitcoin, and has been trading around $0.26. After the price broke on August 14, XRP had been observing alternate red and green candles, showing no sign of absolute recovery. Short-term prediction of XRP indicates a bearish pattern with no sign of relief.

12-hour chart

Source: Trading view

Source: Trading view

12-hour chart of XRP highlights breaking of a Descending Triangle pattern, indicating a further dip in price. The Descending Triangle extended for 36 days before breaking on the 37th day, noting a fall of 20.08% bringing the price of the coin to as low as $0.23. The coin made some recovery as the current price stands at $0.2654.

6-hour chart

Source: Trading view

Source: Trading view

As XRP broke the 12-hour pattern, it confirmed the bearish wave as it formed a bearish pennant in the 6-hour chart. The flagpole was formed following the August 14 fall of XRP, after which the price was noted to consolidate, converging into a pennant. According to the feature of this pattern, a breakout could be imminent for XRP taking the price of the coin back to the immediate support at $0.2368. The price has been consolidating over the past three days and could breakout within a couple of days.

Source:ambcrypto

Continue Reading

XRP

XRP’s chart indicates return of a bullish pattern. Could the price of the coin re-visit $0.76?

Published

on

The XRP’s price might have taken a hit over the past few days falling the Bitcoin dump. The coin has been moving towards stabilizing its price, but with the bears in the market, the recovery has been difficult. The short term prediction point towards a fall and rise trend in XRP’s price, while the long term prediction marks the return of an old fractal pattern.

1-Day

Source: Trading view

Source: Trading view

On September 2018, the price of the coin had slumped by almost 60% causing the value of the coin to slip from $0.6132 to $0.2450. The coin made a half recovery before falling further to $0.2700, while the support was marked at $0.2530. However, falling these tremendous falls, XRP bounced back hard with 184% growth taking the price of the coin to $0.7644.

Source: Trading view

Source: Trading view

Similarly, a fractal pattern was observed with the current trend as XRP trades at $0.2661, as the support stays strong at $0.2530. The crypto has been falling for the past few days and according to Awesome OScillator has a strong bearish hold.

However, like September 2018, the trend reversal could be underway making the price of the coin cross the long term resistance at 0.4744. If the XRP price re-traces the fractal pattern to a T, its price could breach the resistance and touch $0.7644.

Source:ambcrypto

Continue Reading
Open

Close