Ripple will increase the Circulating Supply!! - page 2.

Chokolo

jr. member

Activity: 168

Merit: 1

Quote from: mcfit84 on December 29, 2017, 02:27:58 PM

If people are getting greedy, the bangster will win.

Everybody lost the thought of Satoshi.
In 2008 the USA and the EU printed trillions of dollars and euros to stabilize the financial market.
The basic idea was to limit the amount of money.

This can only be done by decentralization. Decentralization means not the decentralization of network. It means that not only one party or one government or the bangsters central bank can switch of the currency. It needs the majority of the community.

This is Bitcoin.
This is Ethereum.

But this is certainly not Ripple.

wrong
wrong
wrong

Try again.

No company, bank or person can ever own the majority of the nodes that control the Ripple system.
It will consist of thousands of nodes that is more decentralized than Bitcoin or Ethereum.

Ripple is one of the most decentralized networks out there.
Go read about it and educate yourself instead of posting these silly posts. This whole thread is full of uneducated haters

dzkazmi

full member

Activity: 218

Merit: 100

Ripple is just crossed Ethereum in the market cap in coinmarketcap. Also its at 2$ now. Wonder where will it go now?

mcfit84

newbie

Activity: 68

Merit: 0

If people are getting greedy, the bangster will win.

Everybody lost the thought of Satoshi.
In 2008 the USA and the EU printed trillions of dollars and euros to stabilize the financial market.
The basic idea was to limit the amount of money.

This can only be done by decentralization. Decentralization means not the decentralization of network. It means that not only one party or one government or the bangsters central bank can switch of the currency. It needs the majority of the community.

This is Bitcoin.
This is Ethereum.

But this is certainly not Ripple.

Chokolo

jr. member

Activity: 168

Merit: 1

Quote from: Mazt rhiezt on December 29, 2017, 02:16:01 PM

Quote from: Chokolo on December 29, 2017, 02:07:36 PM

Quote from: September11Myth on December 29, 2017, 02:01:57 PM

The whole stuff happening around Ripple makes little sense indeed. Huuge supply, which gets inflated further, and the price surges like crazy.... Makes no sense.

Gold have a market cap of 7 TRILLION
Ripple own about 5.8 billion XRPs. Rest is locked down and can never be spent on paying employees or the company.
So they personally own assets with a value of about 11 billion with XRPs being worth $2.

Back to the gold. XRPs on the open market that you and me can buy have a market cap at the moment of 70 billion.
Gold 7 trillion.

The potential for XRPs to become much more worth is just huuuge. We can easily reach 10x bigger market cap than today

10x bigger or even 100x down from the market, because this is just a temporary pump.
it's better to wait some further developments before it becomes less valuable.

Just like any cryptocoin, the price can go down for sure. And it probably will just like any coin fluctuate in value.

But Ripple have just getting started. We have seen nothing yet and 2018 will be amazing for XRPs

realsmans

member

Activity: 196

Merit: 10

Transforming the Global Shipping Industry

Quote from: mcfit84 on December 29, 2017, 01:45:23 PM

Quote from: realsmans on December 29, 2017, 01:40:58 PM

Is that right? They will just grow circulation supply, but it doesn't mean that those tokens doesn't count now, they are. It will not drop the price. Correct me if I'm wrong.

They are printing new XRP coins each month. (About 2.6 percent/month inflation)
The existing coins are always valid. But each coin has influation, because each month new coins are printed.

Wow. Didn't know about that. It is not good, it is the same as with fiat currency, but much faster. Where did you read this? May I have a link please. Thx

styca

sr. member

Activity: 1078

Merit: 354

Quote from: September11Myth on December 29, 2017, 02:01:57 PM

The whole stuff happening around Ripple makes little sense indeed. Huuge supply, which gets inflated further, and the price surges like crazy.... Makes no sense.

It makes perfect sense. The crazy thing is that the price was stuck at $0.25 for so long, with all that has been happening with Ripple in the last few months.

Quote from: Chokolo on December 29, 2017, 02:07:36 PM

The potential for XRPs to become much more worth is just huuuge. We can easily reach 10x bigger market cap than today

Totally agree. The target market that Ripple is going after is mind-blowing... and they look like they have a very good chance of success.

Mazt rhiezt

sr. member

Activity: 462

Merit: 250

Quote from: Chokolo on December 29, 2017, 02:07:36 PM

Quote from: September11Myth on December 29, 2017, 02:01:57 PM

The whole stuff happening around Ripple makes little sense indeed. Huuge supply, which gets inflated further, and the price surges like crazy.... Makes no sense.

Gold have a market cap of 7 TRILLION
Ripple own about 5.8 billion XRPs. Rest is locked down and can never be spent on paying employees or the company.
So they personally own assets with a value of about 11 billion with XRPs being worth $2.

Back to the gold. XRPs on the open market that you and me can buy have a market cap at the moment of 70 billion.
Gold 7 trillion.

The potential for XRPs to become much more worth is just huuuge. We can easily reach 10x bigger market cap than today

10x bigger or even 100x down from the market, because this is just a temporary pump.
it's better to wait some further developments before it becomes less valuable.

Chokolo

jr. member

Activity: 168

Merit: 1

Quote from: September11Myth on December 29, 2017, 02:01:57 PM

The whole stuff happening around Ripple makes little sense indeed. Huuge supply, which gets inflated further, and the price surges like crazy.... Makes no sense.

Gold have a market cap of 7 TRILLION
Ripple own about 5.8 billion XRPs. Rest is locked down and can never be spent on paying employees or the company.
So they personally own assets with a value of about 11 billion with XRPs being worth $2.

Back to the gold. XRPs on the open market that you and me can buy have a market cap at the moment of 70 billion.
Gold 7 trillion.

The potential for XRPs to become much more worth is just huuuge. We can easily reach 10x bigger market cap than today

Sinistlercoin

member

Activity: 71

Merit: 10

This may be symantics, but we should be clear. Ripple is not printing new XRP each month. The coins must exist to be in escrow. They are simply being released into circulation.

September11Myth

full member

Activity: 387

Merit: 106

The whole stuff happening around Ripple makes little sense indeed. Huuge supply, which gets inflated further, and the price surges like crazy.... Makes no sense.

Chokolo

jr. member

Activity: 168

Merit: 1

So many clueless people here.
Ripple created 100 billion XRPs with future in mind. Just to be sure the system can go many many years before all XRPs are destroyed.

You haters bitched about too many XRPs when they were worth $0.10 and said therefor it can never go higher because market cap this and market cap that.

Now you have found another excuse that Ripple would destroy their reputation by making new XRPs because you were dead wrong about your price prediction. Think for a minute before saying stuff like that.

Go complain elsewhere because you didnt join the Ripple train when the price was low.
"Ripple is centralized" is another big tell that you dont know what the heck you are talking about.

Ripple consist of many nodes that communicate with each other, and the whole point is that no company or people can own the majority of the nodes, even Ripple, so noone can ever control the network.
By time Ripple will become much more decentralized than Bitcoin.

Go read about Ripple instead of making up these clueless posts. Join Ripple or step aside. Because its going to the moon and we have barely even started Cool

PranDoW

sr. member

Activity: 420

Merit: 252

Price in any case will soon fall and him. I think at the beginning of the year we will see a strong fall. But to increase the amount of coins do not see any sense in this

styca

sr. member

Activity: 1078

Merit: 354

Quote from: mcfit84 on December 29, 2017, 11:48:01 AM

Ripple will increase the Circulating Supply. Maybe tomorrow or in half a year. Who knows.

But the result would be if they increase the Circulating Supply from 38% maybe to 76% the price will fall to 50%.

55 billion is escrowed, and there is the legal agreement about Jed's share. The release of new XRP into the market is guaranteed to be gradual... and besides that it will do nothing to dent the price. In fact it should increase the price, as 'more XRP' generally means more to incentivise banks into adoption of the Ripple solution. I don't think that additional XRP in the market necessarily means that the amount available to ordinary members of the public increases.

cryptocrocs

member

Activity: 182

Merit: 10

Quote from: Ha8ni on December 29, 2017, 01:47:07 PM

How would this effect the price ?

In the short run yes,people wont stop buying this coin as it overthrow ethereum in its spot today.

mcfit84

newbie

Activity: 68

Merit: 0

Ripple is a product of bangsters. They want to destroy dezentralized currencies.

kandholabhavna

full member

Activity: 252

Merit: 100

Ripple is a joke when it comes to crypto. More than 20% of the current supple is in the possession of owners of Ripple. Also it is the most centrallized coin in crypto.

bskousen

newbie

Activity: 39

Merit: 0

I agree, I am not liking the fact that scarcity is an issue with a lot of this high supply coins. However, new money is coming in and there will be a lot of new money coming in for 2018 and when people see the "low price" they buy because it looks cheap. So price will continue to explode IMO

mcfit84

newbie

Activity: 68

Merit: 0

It means with the same market cap of ripple: You will loose about 2.6 percent each month.

Ha8ni

newbie

Activity: 35

Merit: 0

How would this effect the price ?

chocopapaya

full member

Activity: 686

Merit: 131

Ripple is useless.
The platform itself is used by banks, but the actual coin itself, no uses at all.
It has gained a bit of traction because some exchanges have started allowing you to purchase xrp with fiat and vice versa.

It's kind of like eth, the tokens themselves don't really have a use, everyone just wants to use the platform.
But now, eth has become so widely accepted that you can buy a huge variety of coins with it and can liquidate it very easily.

I don't see xrp ever doing this.
The recent pump wasn't exclusive to xrp, coins all over the board were pumping hard.
Now, it only has perceived value as noobs coming in to crypto think it's a better deal because it's a lower price.

Yeah, that just isn't sustainable.

Topic: Ripple will increase the Circulating Supply!! - page 2. (Read 739 times)