Ripple releases 333 million more Tokens - page 8.

God27

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The 4th industrial revolution!

Quote from: bbc.reporter on April 02, 2017, 09:31:23 PM

@God27. What is it with Ripple that you are so loyal to it? I do not mean that in a negative way, I am actually impressed that you have stuck to it in spite of all the criticism and the long periods of the falling price of XRP. Also we know the banks are taking a look at it but there was nothing so far except for a few press releases. Maybe you know something. Wink

I guess you can say I came into bitcoin late (2013) so I saw ripple with a fresh set of eyes. I was ok with it being centralized with the "plan" of decentralization.

But we still have a long and rough road ahead.

Cheers

OrangeP

sr. member

Activity: 358

Merit: 250

I tend to watch prices of Ripple very closely. You can determine the size of a bubble by the amount of money put into hardcore bullshit projects.

When ripple grows I sell coins.

smallwhale

newbie

Activity: 3

Merit: 0

Those who think Ripple is planning to keep those billions of coins in wraps until kingdom come is delusional.
Obviously those coins are used to control prices. There is no way in hell they are going to let the coin which they peddle as transactional currency to fluctuate wildly doubling in prices then came tumbling down again. It would be too disruptive. From what I see, it will slowly drop to a comfortable price range and stay flat line for a long time. Maybe a slow controlled increase to balance out inflation. Somewhere around 6-7% annually. It is a valuable coin and a very secured one. It is like putting your savings into a bank but with slightly better returns.

namini

member

Activity: 119

Merit: 100

Quote from: aoluain on April 20, 2017, 05:31:54 AM

I didnt know they could be subdivided and I cannot find anything online which states this.

Btw, he is talking about the fees (transaction cost) not the number of coins:

"The current minimum transaction cost required by the network for a standard transaction is 0.00001 XRP (10 drops). It sometimes increases due to higher than usual load."

aoluain

legendary

Activity: 2282

Merit: 1268

Quote from: mmortal03 on April 19, 2017, 08:30:19 AM

Quote from: aoluain on April 12, 2017, 07:55:53 AM

My understanding of releasing more coins on the market is that its needed to facilitate the
potentially millions of transactions which will occur and is occurring between banks.
This I think is going to rise with more and more banks adopting it.

as it stands the total circulating supply is going to be shy of 100billion, we are only at
37billion now . . . i view it as something for the long term.

Because its so low in value now its a no brainer to risk $20. Thats my opinion.

That number is arbitrary, given that they can be subdivided.

I didnt know they could be subdivided and I cannot find anything online
which states this.

Quote from: robelneo on April 19, 2017, 11:14:28 PM

Quote from: poloniexwhale on January 02, 2017, 12:53:32 AM

Quote from: dwgscale11 on January 01, 2017, 08:02:55 PM

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

Who do they sell? I mean they sell the tokens through which website? It is insane to gain the supply again. Ripple will be dead soon

I hope they will to many supply and they will just release as they want,of course they have a good roadmap but being a decentralized is such a big letdown to this coin,the team and the company are the whales here,since they control their supply and their premine but you cannot argue with success.

I think in every crypto there are whales creating waves for the minnows to deal with

Spoetnik

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Activity: 1540

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FUD Philanthropist™

Yup, pulling my pants down and showing the neighbors my white ass as i squat in my front yard taking a nice big stinky rotten shit is "good"

..because it fertilizes the grass.

sotoshihero

hero member

Activity: 850

Merit: 504

Quote from: namini on April 07, 2017, 01:30:15 PM

There is a finite number of XRP, no more can be created. Because there is no mining, XRP are distributed over time (sold).
They are working on Locking up Ripple's XRP with Crypto Conditions to provide market predictability.

Then this is a good signal then. By releasing 333 million on the market, means that they cannot control it it. It will be community driven crypto currency which is beneficial to owners. But surely releasing this coin disrupts the coin value.

robelneo

legendary

Activity: 3192

Merit: 1198

Bons.io Telegram Casino

Quote from: poloniexwhale on January 02, 2017, 12:53:32 AM

Quote from: dwgscale11 on January 01, 2017, 08:02:55 PM

Why do people like a coin that can just randomly put 333 million coins into circulation, raising the market cap substantially?
Crazy

Who do they sell? I mean they sell the tokens through which website? It is insane to gain the supply again. Ripple will be dead soon

I hope they will to many supply and they will just release as they want,of course they have a good roadmap but being a decentralized is such a big letdown to this coin,the team and the company are the whales here,since they control their supply and their premine but you cannot argue with success.

mmortal03

legendary

Activity: 1762

Merit: 1010

Quote from: aoluain on April 12, 2017, 07:55:53 AM

My understanding of releasing more coins on the market is that its needed to facilitate the
potentially millions of transactions which will occur and is occurring between banks.
This I think is going to rise with more and more banks adopting it.

as it stands the total circulating supply is going to be shy of 100billion, we are only at
37billion now . . . i view it as something for the long term.

Because its so low in value now its a no brainer to risk $20. Thats my opinion.

That number is arbitrary, given that they can be subdivided.

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

Quote from: aoluain on April 12, 2017, 07:55:53 AM

My understanding of releasing more coins on the market is that its needed to facilitate the
potentially millions of transactions which will occur and is occurring between banks.
This I think is going to rise with more and more banks adopting it.

as it stands the total circulating supply is going to be shy of 100billion, we are only at
37billion now . . . i view it as something for the long term.

Because its so low in value now its a no brainer to risk $20. Thats my opinion.

"My understanding" is that the bank down the road that was robbed was ripped off because they plan on giving 20% to charity.
A charity i may be a part of too. Cool

Hence my need to post this..

aoluain

legendary

Activity: 2282

Merit: 1268

My understanding of releasing more coins on the market is that its needed to facilitate the
potentially millions of transactions which will occur and is occurring between banks.
This I think is going to rise with more and more banks adopting it.

as it stands the total circulating supply is going to be shy of 100billion, we are only at
37billion now . . . i view it as something for the long term.

Because its so low in value now its a no brainer to risk $20. Thats my opinion.

Zeta0S

legendary

Activity: 1890

Merit: 1031

Quote from: raven7886 on April 07, 2017, 12:30:37 PM

Quote from: Josepino on April 07, 2017, 05:26:22 AM

Do you think Ripple will be a good payment method in next 2 years and it will reach at 1 usd/XRP . In my opinion it can be real and I have bought some XRP coins as saving money in future. Now it's only 0.02+usd and quite cheap for future investment.

Ripple is the perfect coin for long term investment if you can wait. Maybe there are better investments for the future if you can find them but Ripple is a sure bet.
I don’t like the “coin” itself but the ripple blockchain and the financial instutions using it proves that Ripple can only go higher. The coin itself is useless but the idea is so valuable to banks that the coin is somehow goes up as well.

"Ripple coin is useless", and "Ripple is the perfect coin for long term"

I do not understand?

Josepino

full member

Activity: 168

Merit: 100

Quote from: VC George on April 07, 2017, 12:32:59 PM

I want my fair share Grin

4.28x7bln people right?
How much do 4 ripples cost?

that is very specific calculation for XRP if this coin is used as digital currency in near future?
I like your way of simple calculation but it's real and possible to happen in this world.

VC George

sr. member

Activity: 325

Merit: 250

Carpe noctem

Quote from: maku on April 07, 2017, 12:54:52 PM

Quote from: Josepino on April 07, 2017, 05:26:22 AM

Do you think Ripple will be a good payment method in next 2 years and it will reach at 1 usd/XRP . In my opinion it can be real and I have bought some XRP coins as saving money in future. Now it's only 0.02+usd and quite cheap for future investment.

Ripple will never reach dollar parity if they continue to randomly increase coin cap. If they did it before what will stop them from doing it in the future?

Quote from: VC George on April 07, 2017, 12:32:59 PM

How much do 4 ripples cost?

1 Ripple = $0.035890 Price is so insignificant that you can easily buy thousand of Ripples if you like.
But what is the point? It is not good capital investment? Fiat money has the same properties.

Was just making fun of it

Bitcoin is the only asset I hold for the last 2 years

namini

member

Activity: 119

Merit: 100

There is a finite number of XRP, no more can be created. Because there is no mining, XRP are distributed over time (sold).
They are working on Locking up Ripple's XRP with Crypto Conditions to provide market predictability.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: Josepino on April 07, 2017, 05:26:22 AM

Do you think Ripple will be a good payment method in next 2 years and it will reach at 1 usd/XRP . In my opinion it can be real and I have bought some XRP coins as saving money in future. Now it's only 0.02+usd and quite cheap for future investment.

Ripple will never reach dollar parity if they continue to randomly increase coin cap. If they did it before what will stop them from doing it in the future?

Quote from: VC George on April 07, 2017, 12:32:59 PM

How much do 4 ripples cost?

1 Ripple = $0.035890 Price is so insignificant that you can easily buy thousand of Ripples if you like.
But what is the point? It is not good capital investment? Fiat money has the same properties.

VC George

sr. member

Activity: 325

Merit: 250

Carpe noctem

I want my fair share Grin

4.28x7bln people right?
How much do 4 ripples cost?

raven7886

legendary

Activity: 1512

Merit: 1041

Quote from: Josepino on April 07, 2017, 05:26:22 AM

Do you think Ripple will be a good payment method in next 2 years and it will reach at 1 usd/XRP . In my opinion it can be real and I have bought some XRP coins as saving money in future. Now it's only 0.02+usd and quite cheap for future investment.

Ripple is the perfect coin for long term investment if you can wait. Maybe there are better investments for the future if you can find them but Ripple is a sure bet.
I don’t like the “coin” itself but the ripple blockchain and the financial instutions using it proves that Ripple can only go higher. The coin itself is useless but the idea is so valuable to banks that the coin is somehow goes up as well.

LeGaulois

copper member

Activity: 2828

Merit: 4065

Top Crypto Casino

From 2 april to 4 april we could see a nice incrase of the ripple rate but it didn't last long. so far it's back to it was before. Just a buzz after some news published here and there on the web i think. What is your opinion guys for the next days

legendbtc

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Activity: 1148

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Leading Crypto Sports Betting & Casino Platform

Quote from: dihari on April 03, 2017, 09:30:00 PM

I guess the greedy people behind this coin think they can make more money with the release and selling more coins. It's hard to believe that this coin having good volume. That's I've never choose a decentralized coin.

How can you say that they are greedy people, who are trading in the exchanges are the people need money as profit because they are believing XRP coin, that's why many people are actively trading Ripples in Poloniex. The only thing we have to bother whether the price of ripple will increase or not in coming we have to wait and see.

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