Topic: [XRP] Ripple announcing lock-up next month (june) - Shoot to stars - page 3. (Read 53531 times)

Ripple isn’t creating any other cryptocurrencies or proprietary coins for banks. XRP is it. That means that Ripple success directly equals XRP success.

http://www.huffingtonpost.com/entry/591cb3bee4b0b28a33f62915

Ripple is just hype, all the partnerships announced with banks are about them using the blockchain technology and the company behind ripple but not the currency. Yes some ripple is burned in the process but its a minimal amount and the banks will never use it directly.

The lock-up may sound great but first of all its only a temporary measure and second of all even if the rest of the coins were burned instead of locked up there is still little actual use for the currency at the prices and supply currently available. Now if the amounts burned for transactions were bigger and not simply a spam prevention filter the whole thing would be much different.

Seriously if 1 XRP would cost 100$ how can it be used to transfer money? It doesn't make sense... or am I missing something? For it's puprose 1$ value looks more real.

$1? You are cheap man 

vsyc hates me cuz he needs sheeple to dump his xrp on, at $1 

Looked into your last 10 messages, I feel sorry for you, hope you get paid well and hope its in Zimbabwe dollar without the paper.

If others trolls try some standard ways of trolling, which are boring and based on unanswered questions, yours are sick and have nothing to do with reality

Get well man/woman/it.

Just a fraction of a  percent of Xripoff need to hit the exchanges, orderbooks will dive to zero, I guess if Polo goes bellyup that will have the same effect..

Tulip bubble was nothing compared to this, at least there was some tulip bulbs behind the trillions. XRP is hot air

Clue to XRP camels: check out souk al-manakh LOL  

The Souk Al-Manakh stock market crash was the 1982 stock market crash of Kuwait's unofficial stock market, the Souk Al-Manakh. The Al-Manakh market was housed in an air-conditioned parking garage that had formerly been a camel trading venue,[1] and specialized in highly speculative and unregulated non-Kuwaiti companies. At its peak, its market capitalization was the third highest in the world, behind only the U.S. and Japan, and ahead of the U.K. and France.

Market cap, yay!!  

I love this part "The crash prompted a recession that rippled through society..." LMAO

https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/


!!!! Its official! !!!   XRP to the moon!!

What Apple market cap has to do with your incorrect calculation and thoughtless statement?

thanks, I am doing the same. Not worried much, lots of projects going live in next 1 or 2 years , all for which they have worked very hard for last several years... 7+ years actually.. So its only catching up.. but lets see. we shoudl be fine, good luck to us. 

Okie now you are pasting wrong things man ! Ripple is demo'ing ETH and XRp payments. on ILP. any two assets 'but' those which are ILP complaint. ETH bridge was recently designed. that's the only option as of now. why don't you wait for the demo , and then come back !

one thing with ripple, they are well managed and liable company. So their news usually stands and are proven right.

I have invested in ripple to and i think it is going to be one of my best investments. Thats true what you are saying, not to 100% but it is true that XRP (the Cryptocurrency) is not really needed, but Ripple was made  for banks to do business around the world, they open accounts called nostro accounts that must be filled with local currency. Ripple argues this results in a waste of capital that the trials were designed to showcase.

First, Ripple contends that value is lost because currency that must be held in the account is capital that could be invested elsewhere – and adding liquidity to these accounts costs money. Second, if a customer needs to do business with the bank for an amount that exceeds what is in the nostro account, days-long delays can result.

Still, the ability for Ripple's distributed ledger to operate without a currency has proved appealing to an increasing number of financial institutions that are otherwise wary of the stigma surrounding bitcoin.

Such sentiment led Ripple to launch a report earlier this year which aimed to showcase the cost savings that using a digital currency with a distributed ledger could achieve.

Released in February, Ripple argued that its tech could provide banks with a 33% savings on international payments. Yet, this figure rose to 42% when digital currencies were used to facilitate the trades.

Indeed, the increasing use of Ripple's technology without a digital currency led to market confusion about the company and its goals, a fact acknowledged by CEO Chris Larsen in a March interview with CoinDesk.

"We could do a better job of communicating that XRP is essential to the Internet of Value," Larsen said at the time.
http://www.coindesk.com/global-banks-test-ripples-digital-currency-new-blockchain-trial/

Without XRP banks are saving 33% on international payments, with XRP they are saving 42% of international payments (and that's a lot in comparison to 33%).

I don't know, in my opinion it was and it is a good investment, but everyone thinks different and at least it is all speculation, so no one can know what will happen, but i think Ripple(XRP) is going to break the 100$ mark in the next 2 years (IN MY OPINION!), 'cause there are so many other  factors which must be considered.

Sorry for my bad english .

This is a demo for Interledger, for which Ripple's latest plans don't include XRP. https://ripple.com/files/ripple_solutions_guide.pdf

Any crypto could be used for settlement in that demo. is this supposed to be a rebuttal to the official sources I cited?

MOOOOON!!!11!!!1!!

 

From now on, my mission here is to annoy you, because.... you sucks SoMuchDerp 

Reality sucks for you? Don't worry it is making you money so you don't have to care about reality. I doubt you are in this for anything else.

SoMuchDerp you sucks 

i think so, apart from acting as an investment vehicle, also added benefit, here you will be able to "lend" or "supply" xrp directly to market makers and those many businesses who will be processing payments on RCL ( and will always not know how much will be required )