Topic: Ripple Confirms China Expansion Plans (Read 1906 times)
Many have predicted this will happen, because the ripple does have a strong support, so it is not wrong if they will be one of the best coins in the world.
when I mean long term, i mean more like 3-5 years vs the stock market which is 20 years. but even then, people still expect to become millionaires overnight and cry when it doesn't go up.
I know what you mean. As far as I can see Ripple is doing everything right - working with their potential customers and with the regulatory authorities, developing and testing the tech. They're not focusing on the price of XRP, but why should they? If the Ripple solution succeeds, then XRP price will increase naturally. This is much better than the hype and pump that some other coins get. And when I say better I mean more professional and more conducive to eventual success.
I'm very confident that one day XRP will shoot up in price. I'm perfectly happy holding for however long that may take. I think that a lot of the people who complain about day to day price fluctuations (or lack of fluctuations) just don't see what Ripple are trying to do, or haven't researched it.
The coin is more of "stock" in their company that gets them funding and buzz but does not really do much.
XRP, being the (only) native coin to the ledger, is absolutely integral to the Ripple strategy. If you're using the Ripple ledger, then XRP is the cheapest and most efficient way to do so.
people keep forgetting xrp is a LONG TERM investment. the start up company is working with banks and regulation, so a lot of it is hush hush. also, stop comparing the xrp supply with other coins. it's huge for a reason. the banking industry does TRILLIONS of transactions. this dwarfs the total crypto market.
Yes, definitely a long-term one.
Yes, a lot of Ripple's work with banks will be subject to NDAs and so not in the public sphere.
Yes to Ripple's potential market dwarfing current crypto cap.
when I mean long term, i mean more like 3-5 years vs the stock market which is 20 years. but even then, people still expect to become millionaires overnight and cry when it doesn't go up.
The coin is more of "stock" in their company that gets them funding and buzz but does not really do much.
XRP, being the (only) native coin to the ledger, is absolutely integral to the Ripple strategy. If you're using the Ripple ledger, then XRP is the cheapest and most efficient way to do so.
people keep forgetting xrp is a LONG TERM investment. the start up company is working with banks and regulation, so a lot of it is hush hush. also, stop comparing the xrp supply with other coins. it's huge for a reason. the banking industry does TRILLIONS of transactions. this dwarfs the total crypto market.
Yes, definitely a long-term one.
Yes, a lot of Ripple's work with banks will be subject to NDAs and so not in the public sphere.
Yes to Ripple's potential market dwarfing current crypto cap.
I'm still confused for this RIPPLE, I'm investigating and monitoring the development, but whether the future ripple will rise up ?? or
people keep forgetting xrp is a LONG TERM investment. the start up company is working with banks and regulation, so a lot of it is hush hush. also, stop comparing the xrp supply with other coins. it's huge for a reason. the banking industry does TRILLIONS of transactions. this dwarfs the total crypto market.
Ripple really seems to be the first of the token platforms with services and not being completely about the coin. The coin is more of "stock" in their company that gets them funding and buzz but does not really do much. Ripple, NEO, OMG, those 3 are really big and seem to be doing this methodology recently. I sure hope this does not become the trend because that could have a lot of downside down the road.. we have already seen the SEC get involved in the USA as it is.
So they're announcing that they have plans to work in China. That just seems like a desperate attempt to pump some life into cripple. I am soo glad I didn't invest into this dying coin.
Cripple good one!Well I am also vary happy that I got in and got out with a bit of a gain.
There have been so many threads here about Ripple this and Ripple that
I think the majority of people here know not to pay too much attention
to news about it.
Problem with Ripple is that they're not spreading the coin, just the technology.
The coin is used on the ledger, so the tech comes before the coin.
Everything I've seen points to XRP being used in the long-term. The alternatives (banks using their own coin, etc) don't make financial sense.
people are going to miss out on being rich due to this type of fud.
Yeah, I missed out buying XRP at $.30 when someone tipped me on ANS was $.55. I missed so much gains but still got $7.95 NEO. I don't care about what's in circulation vs escrow, there are $100 billion XRP total. In order for XRP to be just $1, the real XRP marketcap would be $100 Billion. How likely is that?! Pretty much for XRP to be $1, it's like XRP would have to be larger than the entire crypto space.
Are to risk money for a 4X gain that seems very unlikely?
The potential price of XRP has absolutely no relation whatsoever to current crypto marketcap. Look at the market that Ripple are going after. The money involved in international banking makes the crypto cap look tiny. If Ripple succeed, they will blow everything else out of the water.
China already has so many cashless options.
It would be great to see how ripple makes its way.
China is much ahead in cashless than we imagine.
It would be great to see how ripple makes its way.
China is much ahead in cashless than we imagine.
then, will Ripple supass etereum to be the No2 crypto coin after expande to China? many people dont buy Ripple because there is little exchange list Ripple in China
if it will really come true... both tech and the coin will have an upgrade... the most problem of the ripple is the coin it self i dont know what they really want but the technology are awesome. maybe after that ripple will rise again for about their dip... they decrease about 50%.... in that case also it is a gooid news to all ripple holder
yet the price is still dead LOL
Good. Looks like that is time to start buy XRP.
yet the price is still dead LOL
Problem with Ripple is that they're not spreading the coin, just the technology.
XRP is used in a ripple, so with the growth and spread of technology in xrp will increase the demand and therefore price. China or not China personally I don't want to invest in Ripple because supply is huuuuuge. I don't think that I'm the only one...
i think supply is huge because of huge potential, the target is the financial market international transfers and settlements, way more than all crypto combined (actual), if they will be succesfull but this is another story. China is a step in that direction
The profit per invested BTC is the same.
If you spend 1 BTC in a low supply coin and 1 BTC in a high supply coin and both are rising for 20% and you cash out, you'll have 1,2BTC each.
Forget supply and take a look at the marketcap. When marketcap goes up or down for x%, the price per coin will go up and down for the same %. No matter how high or low the supply is or how many coins you hold.
Simple math.
GAS for example with 3 million supply at the beginning of the month was 6 million market cap and now after 15 days market cap is 100 million.
Ripple now is 6 billion. I think that you have to wait more than 15 days to see Ripple at 100 billion market cap... But good luck
If that's the case then hopefully Ripple will have great comeback after it's dip. And China is one you can't mess with and I underestimated China when it comes with cryptocurrencies. The supply will for sure be huge for sure.
China or not China personally I don't want to invest in Ripple because supply is huuuuuge. I don't think that I'm the only one...
i think supply is huge because of huge potential, the target is the financial market international transfers and settlements, way more than all crypto combined (actual), if they will be succesfull but this is another story. China is a step in that direction
The profit per invested BTC is the same.
If you spend 1 BTC in a low supply coin and 1 BTC in a high supply coin and both are rising for 20% and you cash out, you'll have 1,2BTC each.
Forget supply and take a look at the marketcap. When marketcap goes up or down for x%, the price per coin will go up and down for the same %. No matter how high or low the supply is or how many coins you hold.
Simple math.
China or not China personally I don't want to invest in Ripple because supply is huuuuuge. I don't think that I'm the only one...
i think supply is huge because of huge potential, the target is the financial market international transfers and settlements, way more than all crypto combined (actual), if they will be succesfull but this is another story. China is a step in that direction
I don't like and I don's want invest in Ripple, even though a news from China. There is more interesting project live.
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