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.
XRP/USD Price Analysis: Bulls carry coin ahead while bear sharpens its claws
The cryptocurrency market had been under the bear’s vice and this contributed to XRP slipping from its second position on CoinMarketCap in terms of market cap, to third this month. Ethereum [ETH] took over XRP’s place in the market and it appears that the two coins are in a tough fight for the spot.
At press time, XRP was valued at $0.3032, with a market cap of $12.4 billion. The coin registered a 24-hour trading volume of $407 million, with a minimal fall of 0.27% over the past day. The coin noted a growth of 3.55% over the past seven days while registering a rise of 0.17% over the past hour.
The coin’s one-hour chart indicates a downtrend from $0.3215 to $0.3128, followed by another downtrend from $0.3176 to $0.3093. XRP drew a resistance at $0.3107 and a support at $0.3059.
Bollinger Bands appear to be converging, indicating reduced volatility in the market. The moving average line is under the candles, suggesting a bullish trend.
Awesome Oscillator points towards a weakened bullish momentum.
Chaikin Money Flow has the marker above the zero-line, indicating that money is flowing into the market and that a bullish ride may be in the offing.
The one-day chart of the coin marks an uptrend from $0.2707 to $0.4785 and a downtrend from $0.5558 to $0.4785. The coin traced resistance at $0.3276 and support at $0.2926.
Parabolic SAR points towards a bearish reign as the markers have aligned themselves above the candlesticks.
MACD line is over the signal line, marking a bullish market.
Relative Strength Index indicates that the buying and the selling pressure are evening each other out.
As per the indicators, Bollinger Bands, Awesome Oscillator, Chaikin Money Flow and MACD, a bullish trend is forecast. However, the lingering presence of the bear cannot be ignored.
XRP Twitter Troll Bots Attempt To Scam Ripple Investors By Claiming Abandoned Development Team
XRP FUD Hits Twitter With Bots Claiming That The Development Team Quit
The popular digital asset XRP has been affected by a new FUD campaign on social media, specifically on Twitter. During the last few days, several bots started to write to several users that the development team has abandoned the project for another one. Although it might not be the only reason, XRP lost the second position as the largest cryptocurrency in the market after being surpassed by Ethereum (ETH).
Random users on Twitter started to tag XRP community members explaining to them that developers were abandoning the project. Clearly, this is something that did not happen. At the same time, these accounts suggested users not to purchase XRP or sell if they had some XRP coins.
Hey I saw you follow XRP Twitter so I think it you may need to know this news, the XRP dev team had already abandon the project for another one. Sell you bag now
— Ernest Lipscomb (@ErnestLipscomb5) February 13, 2019
You recently follow Ripple on Twitter? Don't be silly the developer team has quit for a while. Run as fast as you can
— Ernest Lipscomb (@ErnestLipscomb5) February 13, 2019
Some of the accounts to which one of the bots was writing to were recently created. The bot that has as name Ernest Lipscomb writes that she saw that the user followed XRP on Twitter, thus considering this user an XRP holder. After it, she advises selling the coins right away due to the development team quitting Ripple to create another project.
At the same time, these bots were using the Ripple and XRP words as synonyms, when Ripple has explicitly requested the community to clearly distinguish the differences between Ripple, the company, and XRP, the digital asset.
Active XRP members have reported this activity to Twitter, which has yet not blocked most of these accounts. Until now, there are no individuals or groups behind this situation and attack to the XRP community.
At the time of writing this article, XPR is being traded around $0.304 and it has a market capitalization of $12.55 billion.
XRP Daily Price Forecast – February 13
XRP/USD Medium-term Trend: Bullish
- Resistance Levels: $ 0.61, $0.63, $ 0.65
- Support Levels: $0.30, $0.28, $0.26
Yesterday, February 12, the XRP price was in the bullish trend zone. The crypto’s price was trading at the $0.30 price level in the last three days. The crypto’s price was earlier in a downward correction after the price rally of February 8. Yesterday, the bulls broke the 12-day EMA, the 26-day EMA and price reached a high of $0.31.
The XRP price is likely to resume its uptrend. The crypto will rise to retest the previous highs of $0.33 and the $0.40. On the downside, if the bears break below the EMAs, the crypto will find support at the $0.30 price level. Meanwhile, the crypto’s price is above the EMAs which indicate that price is likely to rise. The MACD line and the signal line are above the zero line which indicates a buy signal.
XRP/USD Short-term Trend: Bullish
On the 1-hour chart, the XRP price is in a bullish trend zone. The crypto’s price had been in the bearish trend zone as a result of downward correction. The price correction is over as the bulls commenced a bullish movement above the EMAs. While in the bullish trend zone the crypto reached a high of $0.31 and was resisted.
Another attempt is made as the crypto’s price is revisiting the previous highs of $0.33 and the $0.40 . Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the EMAs which indicate that price is in the bullish trend zone.
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.