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Topic: Ripple Labs Gets A Boost (Read 1383 times)

member
Activity: 112
Merit: 10
February 24, 2015, 09:28:54 AM
#9
Ripple lost Stripe to Bitcoin.  That was a knockdown blow.  The ref is counting down.  Will it get back up?
legendary
Activity: 2618
Merit: 1007
February 24, 2015, 05:27:06 AM
#8
Also almost all of their trading volume comes from Ripple Gateways (which are not ripple agnostic and I think they can also trade without any transaction cost, e.g. Ripple can let them just trade with themselves).

If one looks at legitimate third party exchanges (e.g. Cryptsy, Poloniex, BTC38, Kraken etc.) Ripple has combined trading volume of less than $8,000.  http://coinmarketcap.com/currencies/ripple/#markets

The third thing is that Ripple got many millions in venture capital funding and I think some this also goes into price stabilization.

Ripple is a platform, XRP are a currency. If you mix the two, you're starting to not make much sense...
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
February 23, 2015, 05:20:33 PM
#7
Ripple Labs Gets A Boost As An Ex-Fed Joins The Team

Will Ripple get the boost that they need with the acquisition of Norman Reed?
Will this help bitcoin in a way?

I feel that the people surrounding Ripple Labs like this guy will lobby for regulation of the ripple network.  This transparency to what is right and wrong to the small and large banks will make it safer/easier/faster to acquire/hold/spend BTC through new apps like gatehub or other gateways.


I believe this will bring more liquidity to BTC but I have no idea about the future price of BTC. Id be fine with it being stable at $250 for the next few years.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
February 23, 2015, 11:58:56 AM
#6
how come, last time ripple said the growth was natural but now your chart looks like a P&D group pump your price ? Can you explain me this ?
Natural growth?
member
Activity: 124
Merit: 10
Start your Own Cryptocurrency Exchange
February 23, 2015, 11:19:18 AM
#5
Also almost all of their trading volume comes from Ripple Gateways (which are not ripple agnostic and I think they can also trade without any transaction cost, e.g. Ripple can let them just trade with themselves).

If one looks at legitimate third party exchanges (e.g. Cryptsy, Poloniex, BTC38, Kraken etc.) Ripple has combined trading volume of less than $8,000.  http://coinmarketcap.com/currencies/ripple/#markets

The third thing is that Ripple got many millions in venture capital funding and I think some this also goes into price stabilization.

Perhaps but it's still the #2 crypto.  How's decentralization working for the other 300+ competitors to Bitcoin?  Not very well..
full member
Activity: 143
Merit: 100
February 23, 2015, 11:04:53 AM
#4
Also almost all of their trading volume comes from Ripple Gateways (which are not ripple agnostic and I think they can also trade without any transaction cost, e.g. Ripple can let them just trade with themselves).

If one looks at legitimate third party exchanges (e.g. Cryptsy, Poloniex, BTC38, Kraken etc.) Ripple has combined trading volume of less than $8,000.  http://coinmarketcap.com/currencies/ripple/#markets

The third thing is that Ripple got many millions in venture capital funding and I think some this also goes into price stabilization.
newbie
Activity: 22
Merit: 0
February 23, 2015, 03:53:09 AM
#3
ripple is garbage and so is your pump thread

Smiley so I can understand your post as a dump-post Smiley Elaborate please
legendary
Activity: 1246
Merit: 1000
February 23, 2015, 12:41:32 AM
#2
ripple is garbage and so is your pump thread
member
Activity: 81
Merit: 10
♔ of ♥
February 22, 2015, 11:02:52 PM
#1
Ripple Labs Gets A Boost As An Ex-Fed Joins The Team

Will Ripple get the boost that they need with the acquisition of Norman Reed?
Will this help bitcoin in a way?
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