Topic: .. - page 2. (Read 3976 times)

cos prolly ripple didn't attract much amateur traders, nerds, hopeful "idealists" and neckbeards.

afaik, ripple is being marketed to banks and FI's as they changed tack in their business strategy.

Indeed. What a bear party we're seeing here and do you know what it smells like? Relief, because there is a lot of fear in regard to the growing XRP price. This dip will be temporary again, as was the previous one. But Bitcoin must succeed for a lot of people here (i.e. because they are financially underwater or foolish idealists) and therefore OP made this topic. This reminds me how much fear there is towards XRP, even though both Ripple and Bitcoin don't really share the same goals.

sometimes i think, it is only made for that...

I think there has been a lot of good news, which has attracted speculators, and speculators have then attracted more speculators...

A lot can be argued in favor of XRP as an investment, but I am most interested in the merits of the Ripple protocol in isolation from XRP exchange value.

Ripple has a highly engaged community, surrounding a widely misunderstood crypto protocol and network, and that is my general message. I am most excited by the new investment interest attracting new contributors to the ecosystem.

Success of any cryptocurrency, in general, is almost religiously associated with a high exchange value. If Bitcoin continues to incrementally improve, as necessary for scale, dropped to $10 on the exchanges, and then became widely adopted---it would be hard to say that the protocol was not successful. I am not sure why Bitcoin, or any cryptocurrency, needs to trade at $10K for it to be considered a success. And this is also true of Ripple. Adoption is key, in my opinion, and it is cool seeing Ripple continue to gain traction---as well as all of the continual improvements being made to the code base.

I hold XRP as a long term investment, and do not encourage anyone to invest in any cryptocurrency without taking the time to research and understand it. Even then, investment in any cryptocurrency remains high risk.

I think the greatest odds of making money from any cryptocurrency is through building something uniquely useful on top of it, and something useful for people beyond its core community. In general, I also think that will be the winning path to ubiquitous cryptocurrency adoption. Ripple is highly oriented toward utility.

If you are a dev or entrepreneur, check out the CrossCoin startup accelerator linked in my sig. Ripple has opportunity for profit beyond XRP, and the accelerator can help get you rolling.

xrptalk.org is a useful forum for anyone wanting to understand more about Ripple---its community voice is underrepresented here.

So a multi hundred million market cap and the prime resource for discussion has 31 members online? r/ripple has 5 members online right now and just over 1100 subscribers. It doesn't make a lot of sense to me.

A majority of the community gathers at xrptalk.org or in group chats over Skype. Few visit this site.

At the moment xrptalk.org has 90 users online, of which 31 are registered users. I have seen total active users frequently surpass 100, as of late. In my experience, Ripple has a passionate core community of active participants in the ecosystem---traders, coders, and those attempting to establish businesses using the Ripple network---with a broad spread of nationalities and backgrounds represented. I learn a lot through the community.

In my experience, it is much less of a hype oriented culture. I think that has been a side effect of how depressed the price has been for so long; I kind of see that as an advantage now. In general, those that have stuck around through all of the uncertainty have passionate interest in Ripple. A lot of diverse perspectives are exchanged, and critical perspectives on Ripple/XRP/Ripple Labs are frequently and openly shared.

At various points in the past, I would have definitely agreed with your perspective, but it has become an increasingly lively ecosystem. It is worth checking out.

Ripple is great project and protocol that will be adopt by banks in couple of years.

Overregulations will make it a commodity?

Bad news are not that well suited for broadcasting.
Conceptually forced to approach all kinds of regulations, Ripple will soon be the most overregulated currency in the world.
(oh dont start argueing if it is a currency, plz)

shilling?  in bitcointalk?  nobody does that.  but then there's everyone.

I must admit it is a bit disturbing. It is like there is an urgency to convince people that ripple is great. By the way I thought ripple labs did not care about the community and preferred to focus on the financial institutions?They then should go post on bankerstalk.org instead 

china was the driver.  it all starts at btc38 then other exchanges follow.

seems like its going back up 

Funny, I remember hearing that when Ripple was under 50 million.

Well guys the pool says it all. Do the opposite of what a bitcointalk poll and you will be in the money.

As XRP begins to dump, BTC must logically rise right? Coz dumped XRP will be converted in BTC...

700% gain isn't sustainable, take profits now or cry later.

Again it's ambiguous.  Ripple labs are not being straight up.

They touch upon it a little tiny bit in the last paragraph here.

https://ripple.com/bitlicense-how-ripple-labs-approaches-regulations/

Why didn't they name the thread "Ripple could be illegal soon in Australia"?

rather than the misleading
"Ripple : I don't think RL would be talking to a government if they were scammers"

And why is there no mention of it on the ripple website?  Ripple Labs is a company, so surely they should be broadcasting this news everywhere.  not some single ambiguous thread.