Topic: Message from Ripple employee (Read 1304 times)

There are no inflation rumors, there are inflation facts: Ripple themselves admit to inflation, and try to spin it so it looks like a good thing.

Strictly speaking the supply isn't increasing, as all 100bn XRP have already been created. But only 38bn are in circulation right now (out of which up to 10bn is in the hands of Ripple), so releasing up to 1bn into the wild per month does have an inflationary impact.

1bn is 1% of total XRP supply ever, and that is not a drop in the ocean. It's a sea.

There is a lot going for Ripple, but there is also a lot of potential for market manipulation by Ripple which is built into the distribution model. And it's most certainly not a decentralized coin in the sense most people in the cryptocurrency world mean: Ripple is merely geographically decentralized, not decentralized in the sense BTC is.

XRP is very convenient to move funds between exchanges at this moment. This is a very important service on its own. The higher the bulk of these transactions, the higher the price of xrp will become eventually.

The inflation rumors are false. The remaining billions of xrp are locked right now under specific regulations that prevent inflation. Plus, when RIPPLE targets to contest with VISA and in fact presents technology that can compete VISA, then you know that all these billions of coins are in fact drops in the ocean.

Right now, we witness the inflation of BTC once more and this can be proved by looking at the price of the most stable coin versus the dollar recently, which is ripple. 4100 Satoshi when it used to trade for 9000 to 11000.  BTC will drop once again, sooner or later. Ripple price will follow the market cap and this element makes it important as a currency to hold or use on such bubbles. Why use tether? XRP is better. Safer.

Ripple is a controlled currency but this little sense can make right now. There are cryptocoins that are independent and scammy, are these better? At which part of control you have a problem? If you want to go full private, is BTC better? What is the difference? With ripple you can conduct all your transactions fast and get for a final product BTC if you have too.

Especially this last part is what makes BTC strong but also useless. It is used like XRP in the end as people need BTC as it converts to all other cryptocoins. Just like I personally use xrp when I move funds through exchanges. The need to keep BTC though is as important as keeping ripple. With the risk difference being marginally greater for BTC as you are putting your money on a project that has popular approval at one hand but old technology at another.

This is why eventually so many other crypto coins worth it more. The little projects are that worth more than everything. Projects like ZenCash for example. Meanwhile, don't hit ripple, as we still need it more than it needs us.

PS: I only bought some ripple to hold today, after a long time where I kept away.

XRP INCREASE 4000% this year!
You guys are only want quick money..

Wait a couple of years! A company can't increase in a couple of weeks.

Ripple has the ability to sell or give away up to 1bn XRP per month for four and a half years, which is 1% of maximum supply of 100bn, and 2.6% of current supply of 38bn. That is a lot of potential market manipulation by Ripple.

And to add to the red flags, those 1bn are sold to banks and other financial institutions at a discount. Possibly given away entirely, don't know what disclosure policy there is, if any.

if i wanted to buy or hold some altcoin because someone said something completely random and useless about their altcoin, i would have been broke by now!

there is nothing going on with ripple anymore. they had their pump, they released some huge amount of new coins then the dump began. this process is almost too familiar that it is starting to get boring. you see it every day in every altcoin. you can also see it with the same patterns at least 3 more times in Ripple itself.

Everyone can run a validator from Ripple.




Why Iam not selling my XRP

https://t.co/YNQjTvftNM?amp=1

You are simply dreaming... Ripple is not even a crypto-currency, this is a bank Trojan horse, so please all stop supporting this worthless crap. Thank you.

This is good for the people who entrust their investment with ripple because it is very well said by the 'Ripple Employee' but again take a look on it. If it is centralized and most of its investors is coming from banks then the price of it will be dependent only to them and the traders that's trading it in the exchanges, so if you really want to hodl this coin in a long term basis it is better to think again, or maybe I am wrong, it is just a self thought about the ripple.

I don't think they care much about their coins XRP it is just a processor for their business and they have full control of it compared to other coins.  and while they are getting bigger in corporation level, their respect to the coin holders will decrease eventually.

Not always hold is good.I bought Ripple 3000 satosh. And he did not sell for 20,000 satosh because hold. Need hold Wisely.

Better to focus your energy on the work than on the price. To subjugate everything to the price leads to beeing a flash in the pan. Subjugating everything to the progress of the project, leads to a strong and stable growing price. So go ahead on your sustainable way@ Ripple!

Not that big fan of Ripple, but this is how dev teams comments on price changes of their coins should look like, that is if they choose to comment on price changes at all.

Ripple is not Blockchain technology it is a distributed database and is 100% centralized as one company selling all XRP and one company only.
Having 55 validating notes at different places just means some measures have been mate not to lose all data again as happened before.

This is what happens when central database servers running out of disk space
Ledger 0 to 32569 lost for ever and Genesis at 32570 For example have a look at ledger 666, or any number lower then 32569

by contrast proper revolutionary world changing blockchain technology
Genesis  at 0


 It proves it is not a decentralized blockchain.
You can not 'loose' part of a decentralized blockchain.
What is xrp backed by, other than lies and deceit?

Again and again Banks make the own distributed database (Project Ubin) and in the Business to charge fees not pay for it.

i think this message just for gain some time

Long term coin, just HODL!

I thought Ripple was a centralized Blockchain. I don't want to be apart of a centralized blockchain.

https://ripple.com/insights/xrp-ledger-decentralizes-expansion-55-validator-nodes/

Well I was wrong, but if I can't become a validator-node I still consider it centralized.

Long term coin, just HODL!

I don't see anything enthusiastic or exciting in this message, contrarily this is not a good sign for xrp.
Of course they are working hard like as every other team. What is this to do with xrp? ripple is different than xrp and this guys admitted it in his message. they dont care about xrp price, they just want to service banks using their ripple network.

It seems ripple will pass the bitcoin's market cap. I think it is best successful coin in terms of business.

This is why I hold my Ripple for a long time :-)