Topic: [XRP] Ripple Speculation - page 107. (Read 637675 times)
https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0A
Little value in XRP ($0.01), and cryptoassets which are misleadingly marketed, not needed within their own network, and have centralized ownership/validation.
https://www.ccn.com/monero-headed-to-18k-ripple-price-primed-for-97-crash-research/
The analysts predict that XRP, which once traded as high as $3.84 and is now valued at $0.33, will crash another 97 percent over the next five years, ultimately declining to penny parity.
Little value in XRP ($0.01), and cryptoassets which are misleadingly marketed, not needed within their own network, and have centralized ownership/validation.
https://www.ccn.com/monero-headed-to-18k-ripple-price-primed-for-97-crash-research/
The analysts predict that XRP, which once traded as high as $3.84 and is now valued at $0.33, will crash another 97 percent over the next five years, ultimately declining to penny parity.
Obviously the author of this article is a complete idiot.
Probably as well as the reposter.
Anyone can explain why XRP is growing up?
How can a centralized coin gains the third place in Crypto world and become so important?
Did we have any news about decentralizing that will applied On XRP in future? I can't find another reason for price growing.
How can a centralized coin gains the third place in Crypto world and become so important?
Did we have any news about decentralizing that will applied On XRP in future? I can't find another reason for price growing.
Can you explain me why Ethereum is 2nd when all it's useful for is to support shitcoins and ponzi ICOs?
Or why BCH is still in the top 50 coins when no sane person trusts it?
XRP is not centralised and I'm tired of explaining why... but even if some aspects are more "centralised" than, say, Bitcoin, this is not a reason for a price to move up or down because real investors don't care that much about these aspects, only teenagers think that decentralisation will lead the humanity forward and the concept's believers will be given labos!
Sure, investors want to know who owns big amounts of a coin, but when the owner is a serious company which develops the infrastructure then this is reassuring.
An example: I'd never hold BCH because a huge amount is controlled by Bitmain, they are not blockchain developers and they only care about making profit, therefore I'm sure they'd empty their bags on my back.
Ripple's case: Most of the XRP coins are currently in the hands of Ripple Lab, but only few are in their control and the rest are locked up and released slowly (like mining). They're also the main developers and the marketing team. If they do great in both developing and marketing, they stand to win a lot from the price hike, but so will the investors.
TL;DR: Since there's no conflict of interests but instead investors and Ripple Lab have common interests, this kind of "centralisation" has helped to make XRP look as the most professional of the open-market blockchain-based coins and one of the safest bets for possible regulations.
XRP is a fairly stable altcoin for level of fluctuation. It comes from the bold direction of the development team. and the XRP is flying on the wings of the information regarding the SEC proposal for the future. 2 days with ~ 50% is great.
Well, this is a lot of good news about ripple, but good news sometimes still depends on the current Bitcoin price. many events are considered good news but have no effect on the coin.
from the beginning, ripple was very good for long-term investments because the fundamentals of this coin are very strong and banks prefer ripple for the infrastructure they build on blockchain technology. It is proven that currently banks around the world are starting to work together with Ripple, I think the future will be even better with ripple prices.
Ripple has shown very good movement lately, I wonder if it will continue to grow and renew its maximum again, or is it a trap ?! I expected him to go down like Ethereum to the previous bottom, to about 2 thousand satoshi.
Anyone can explain why XRP is growing up?
How can a centralized coin gains the third place in Crypto world and become so important?
Did we have any news about decentralizing that will applied On XRP in future? I can't find another reason for price growing.
How can a centralized coin gains the third place in Crypto world and become so important?
Did we have any news about decentralizing that will applied On XRP in future? I can't find another reason for price growing.
We knew it would have to have huge marketcap but price doesn't work that way. It only needs demands in the market and if in a very short time people are going to be willing to buy XRP for a dollar each, then the price of it will be a dollar each. if later people are willing to buy XRP for $1000, it will be its price. Its not just about marketcap. But yes you are right its not going to be realiastic to say xrp price will be $1000 in a year. It will take time just as how bitcoin rise.
Let's pretend that you want to buy 100 XRP.
Now imagine that everyone in the world except you have the ability to create trillions of XRP out of thin air by just clicking their fingers, how much do you think it would cost to you to have those 100 XRP? You probably would get them for free. People would be giving away billions of XRP every day.
Now imagine a complete different scenario. There are only 100 XRP in the world, and only one person has all of them. Everyone in the world wants to have those 100 XRP just like you. How much do you think it would cost to you to get those 100 XRP? You probably wouldn't be able to buy them in your whole life.
Scarcity matters. Basic economics.
Indeed...thats why its great that XRP creators thought about it and created it as deflationary coin, so as time goes by
and XRP is used, it will get burned by usage and value will increase, unlike ETH that has no upper limit and will
increase number of coins forever
We knew it would have to have huge marketcap but price doesn't work that way. It only needs demands in the market and if in a very short time people are going to be willing to buy XRP for a dollar each, then the price of it will be a dollar each. if later people are willing to buy XRP for $1000, it will be its price. Its not just about marketcap. But yes you are right its not going to be realiastic to say xrp price will be $1000 in a year. It will take time just as how bitcoin rise.
Let's pretend that you want to buy 100 XRP.
Now imagine that everyone in the world except you have the ability to create trillions of XRP out of thin air by just clicking their fingers, how much do you think it would cost to you to have those 100 XRP? You probably would get them for free. People would be giving away billions of XRP every day.
Now imagine a complete different scenario. There are only 100 XRP in the world, and only one person has all of them. Everyone in the world wants to have those 100 XRP just like you. How much do you think it would cost to you to get those 100 XRP? You probably wouldn't be able to buy them in your whole life.
Scarcity matters. Basic economics.
At the moment, you need to start buying Ripple who will use the cryptocurrency XRP for cross-border payments between financial institutions, is finally ready to launch. Sagar Sarhadi, responsible for negotiations with regulators in the Asia-Pacific region and the middle East, said that the company's commercial launch of xRapid will take place in a month.
Good growth today. The news has done its job, now is the time to open short positions. RSI very overheated, waiting for a drop below 4800. What do you think?
in my opinion, something very much influences the crypto-currency market. Prices seem to start rising, but something hinders them and they are released again to the previous level.Out of all altcoins, XRP is most disconnected from BTC I think...I have feeling its destined to take #1 sooner or later
https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0A
Little value in XRP ($0.01), and cryptoassets which are misleadingly marketed, not needed within their own network, and have centralized ownership/validation.
https://www.ccn.com/monero-headed-to-18k-ripple-price-primed-for-97-crash-research/
The analysts predict that XRP, which once traded as high as $3.84 and is now valued at $0.33, will crash another 97 percent over the next five years, ultimately declining to penny parity.
Little value in XRP ($0.01), and cryptoassets which are misleadingly marketed, not needed within their own network, and have centralized ownership/validation.
https://www.ccn.com/monero-headed-to-18k-ripple-price-primed-for-97-crash-research/
The analysts predict that XRP, which once traded as high as $3.84 and is now valued at $0.33, will crash another 97 percent over the next five years, ultimately declining to penny parity.
Where is he and will he come back?
I really hope that XRP will rise to $ 5.
Looking at the rank in coinmarketcap, XRP is in the top 10, so it will be easy to achieve that
Looking at the rank in coinmarketcap, XRP is in the top 10, so it will be easy to achieve that
Ripple is a good speculative coin. Today ripple showed very good growth and I had a hope that this project will give me a good chance to earn.
It's so good speculative coin that some people are talking about XRP being number 1 of the cryptocurrencies and that prices will be $500! Definitely if this happens, the world will be inside out and basically will kill the BTC! There are future XRP distribution programs for people and of course, people like inflation coins and still for free. It's a funny situation....
In my opinion based on my experience here in cryptocurrency industry , ripple will be the next ethereum in the near futire because it has potential like ethereum have been before so I think in the next couple of years its price will reach near $1000.
These 2 posts made may day. I laughed with tears. Guys, ever heard of market cap? If not, I will tell you - multiply 100 000 000 with 1000 and you will obtain $100 trillion marked cap. How do you think? Is this realistic? LOL. Bitcoin may reach 10 trillion cap in the end, after eventual ETF and 1 or 2 halvings. XRP never was nor will be with market cap greater than Bitcoin. Of course, the owners are multi billionaires, so they can pump xrp with some announcement that some bank will use it. But who can be sure of this? What if the owners die or cash out and abandon XRP? Then the crash will be big. That is the problem with the altcoins in general. For that reason ask any early Bitcoin adopter how much XRP they own. There are only 2 answers I got - 0% and 1% of their crypto holdings. I am an open minded Bitcoin holder and miner, so I also bought with 1% of my BTC at the price of 0.28. In my opinion based on my experience here in cryptocurrency industry , ripple will be the next ethereum in the near futire because it has potential like ethereum have been before so I think in the next couple of years its price will reach near $1000.
We knew it would have to have huge marketcap but price doesn't work that way. It only needs demands in the market and if in a very short time people are going to be willing to buy XRP for a dollar each, then the price of it will be a dollar each. if later people are willing to buy XRP for $1000, it will be its price. Its not just about marketcap. But yes you are right its not going to be realiastic to say xrp price will be $1000 in a year. It will take time just as how bitcoin rise.
https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0A
Little value in XRP ($0.01), and cryptoassets which are misleadingly marketed, not needed within their own network, and have centralized ownership/validation.
https://www.ccn.com/monero-headed-to-18k-ripple-price-primed-for-97-crash-research/
The analysts predict that XRP, which once traded as high as $3.84 and is now valued at $0.33, will crash another 97 percent over the next five years, ultimately declining to penny parity.
Little value in XRP ($0.01), and cryptoassets which are misleadingly marketed, not needed within their own network, and have centralized ownership/validation.
https://www.ccn.com/monero-headed-to-18k-ripple-price-primed-for-97-crash-research/
The analysts predict that XRP, which once traded as high as $3.84 and is now valued at $0.33, will crash another 97 percent over the next five years, ultimately declining to penny parity.
Sagar Sarbhai Says: XRP Piloted With 12 Banks Worldwide Before xRapid Launch
Sagar Sarbhai, Ripple's Head of Government and Regulatory Relations for APAC and the Middle East, recently revealed some information about XRP's connection with banks at a Fintech conference.
Sarbhai referred to the matter of XRP being piloted with around 12 banks worldwide even before the xRapid product was launched. He stated:
“In 2016 what we did was we piloted with 12 banks. These 12 banks were based across regions across the globe and they did not have prefunded relationships with each other. and what we did was we gave these banks some XRP and asked them to settle within themselves and it worked beautifully.”
At that time, XRP fitted well in cross-border payment usecase, however, a system was required for allowing the banks to utilize it due to the regulatory issues back then. Such issues were faced by the banks as per Sarbhai. He remarked:
"[They said] we would love to adopt it but we cannot, because there are capital requirements and regulatory uncertainty. So they said that its volatile, [and that] there are no set of regulations, so we cannot hold those assets in our books.”
This led the team of Ripple to come up with an evolved product - xRapid. For driving its mass adoption, Ripple started to partner up with payment providers who showed interest in using xRapid. Sarbhai said:
“That works because they don’t have to hold the digital asset on their books but using the piece of software called xRapid they can actually connect to a digital asset exchange, convert fiat to XRP at that time and XRP to fiat in real time on the other end and that actually happens in 3 seconds so there’s no case of volatility risk as well.”
To Continue reading https://cointopper.com/news/sagar-sarbhai-says-xrp-piloted-with-12-banks-worldwide-before-xrapid-launch
Sagar Sarbhai, Ripple's Head of Government and Regulatory Relations for APAC and the Middle East, recently revealed some information about XRP's connection with banks at a Fintech conference.
Sarbhai referred to the matter of XRP being piloted with around 12 banks worldwide even before the xRapid product was launched. He stated:
“In 2016 what we did was we piloted with 12 banks. These 12 banks were based across regions across the globe and they did not have prefunded relationships with each other. and what we did was we gave these banks some XRP and asked them to settle within themselves and it worked beautifully.”
At that time, XRP fitted well in cross-border payment usecase, however, a system was required for allowing the banks to utilize it due to the regulatory issues back then. Such issues were faced by the banks as per Sarbhai. He remarked:
"[They said] we would love to adopt it but we cannot, because there are capital requirements and regulatory uncertainty. So they said that its volatile, [and that] there are no set of regulations, so we cannot hold those assets in our books.”
This led the team of Ripple to come up with an evolved product - xRapid. For driving its mass adoption, Ripple started to partner up with payment providers who showed interest in using xRapid. Sarbhai said:
“That works because they don’t have to hold the digital asset on their books but using the piece of software called xRapid they can actually connect to a digital asset exchange, convert fiat to XRP at that time and XRP to fiat in real time on the other end and that actually happens in 3 seconds so there’s no case of volatility risk as well.”
To Continue reading https://cointopper.com/news/sagar-sarbhai-says-xrp-piloted-with-12-banks-worldwide-before-xrapid-launch
Good to see the price moving up after the recent slumps. Hopefully the price will steadily go up higher.
Today this coin has grown a lot, and I was very surprised. I'm very pleased to see how my investment portfolio increases, but I was confused by the fact that the coin went against the general trend.
Good growth today. The news has done its job, now is the time to open short positions. RSI very overheated, waiting for a drop below 4800. What do you think?
in my opinion, something very much influences the crypto-currency market. Prices seem to start rising, but something hinders them and they are released again to the previous level.Out of all altcoins, XRP is most disconnected from BTC I think...I have feeling its destined to take #1 sooner or later
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