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Topic: [XRP] Ripple Speculation - page 191. (Read 637566 times)

legendary
Activity: 1554
Merit: 1044
January 14, 2018, 03:11:01 PM
Is a Ripple IPO Coming in 2018?

Why wouldn't Ripple do an IPO?
Apart from the potential desire of existing investors to retain their full stake in Ripple Labs, there's at least one ongoing issue that could delay an IPO. The company is currently embroiled in litigation with a consortium of banks known as R3. According to court filings, R3 and Ripple Labs made a deal that involved granting R3 an option to purchase 5 billion ripple (XRP-USD) at a price of less than $0.01 per XRP. Given the appreciation in the value of the cryptocurrency, that option could be worth well in excess of $10 billion...

https://www.fool.com/investing/2018/01/14/is-a-ripple-ipo-coming-in-2018.aspx
hero member
Activity: 2786
Merit: 552
January 14, 2018, 03:07:41 PM
Unless you have a lot of money you probably want to sell much of your stack every time Ripple pumps.  The FOMO is that you should always be saving a lot of it because this time it is going up for good.  But like Verge every time it goes back down again, and you can buy again to ride 30 to 50% to go up again in the future.   But it could be that the next time it goes up it goes up farther and stays higher than the other times. 
legendary
Activity: 3276
Merit: 2442
January 14, 2018, 03:05:15 PM
You can't even put "banks" and "decentralization" in the same sentence. You should be a moron to do that.
sr. member
Activity: 273
Merit: 252
January 14, 2018, 03:00:34 PM
A Bankercoin fan accuses bitcoin for being a banker coin. You would make Orwell proud.

😂  the CME group offers btc futures trading - they're the world's leading and most diverse derivatives marketplace, and are the epitome of the system you hate... you're blind and obviously unwillingly to accept this.


~Basically full of shit.~

haha, all of what i said is PUBLIC INFORMATION. facts are facts...
jr. member
Activity: 49
Merit: 10
January 14, 2018, 02:55:33 PM
For me the  amount of XRP not in circulation is a massive no.

For me cryptos is all about trust. I don't trust XRP.
legendary
Activity: 3276
Merit: 2442
January 14, 2018, 02:49:28 PM
WoW that was a huge problem that ripple solved indeed. /s (except it doesn't at all)

Why would anyone give a fuck about banks when you can send your bitcoins without needing any 3rd parties... This shit is just a trojan horse, a malware to keep you in the banking system. Not to mention its completely centralized.

Btw, can you show me a single example of Ripple's use case? Like which banks accept ripple transactions? Show me one.

~Basically full of shit.~


A Bankercoin fan accuses bitcoin for being a banker coin. You would make Orwell proud.
sr. member
Activity: 273
Merit: 252
January 14, 2018, 02:43:10 PM
WoW that was a huge problem that ripple solved indeed. /s (except it doesn't at all)

Why would anyone give a fuck about banks when you can send your bitcoins without needing any 3rd parties... This shit is just a trojan horse, a malware to keep you in the banking system. Not to mention its completely centralized.

Btw, can you show me a single example of Ripple's use case? Like which banks accept ripple transactions? Show me one.

sending bitcoins? why would i want to pay on average $20+ in transaction fees and wait 1+ hr for a btc transaction clear? this conversation isn't even worth having, because you have no clue about how the economy works... do you think everything is always paid in full? the economy runs on debt/IOU's, bonds, derivatives, etc. whether i'm "kept in the system" or not won't change how the economy runs. you're an idealistic fool if you think things will ever change in that regard.

also, quit using the "completely centralized" bullshit... bitcoin is also a bankers coin now, and the price was decimated by the CME offering futures and it hasn't recovered. you think the top 3 mining pools controlling 51+% of the hash isn't centralized? GTFO. 2 people (roger ver and jihan wu) also have massive influence over the btc market and don't even claim legacy as the true bitcoin. why should 2 people be allowed to have massive influence like this?

for every 2, 3rd party nodes, ripple will remove one of their own, so that no entity operates a majority. the end game is that ripple will operate 0. you obviously lack an awareness of what's happening because everything i've said is PUBLIC INFORMATION. decentralization is a top priority for them in 2018.

ever hear of the interledger protocol (ILP)?, ripple is enabling the ability to trade/send other tokens on this protocol because the btc blockchain is garbage... leave it to the "most hated crypto" to solve the problems others can't on their own. if the miners and crypto overlords weren't greedy and trying to massively profit themselves, they could have actually stuck to the original ideals of satoshi, and solved this crypto anarchist problem you all dream of...
member
Activity: 378
Merit: 10
January 14, 2018, 02:38:51 PM
This is a very unpredictable coin. It seems to me that it can reach a very high price, if the ripple will accept the banks. But I know that this coin is concentrated in one hands and it is very bad.
legendary
Activity: 3276
Merit: 2442
January 14, 2018, 02:21:29 PM
Banks already have a working system between them. Ripple solves nothing. Ripple is just another malware like bcash trying to take down this whole thing.

so giving banks the ability to transfer funds to another bank in 4 seconds vs. the "working" system of taking up to 3 days is solving nothing? give it a rest, you're not living in reality. you're just another malware to life...

WoW that was a huge problem that ripple solved indeed. /s (except it doesn't at all)

Why would anyone give a fuck about banks when you can send your bitcoins without needing any 3rd parties... This shit is just a trojan horse, a malware to keep you in the banking system. Not to mention its completely centralized.

Btw, can you show me a single example of Ripple's use case? Like which banks accept ripple transactions? Show me one.
full member
Activity: 448
Merit: 106
Revolutionising Marketing and Loyalty
January 14, 2018, 01:51:27 PM
Banks already have a working system between them. Ripple solves nothing. Ripple is just another malware like bcash trying to take down this whole thing.

so giving banks the ability to transfer funds to another bank in 4 seconds vs. the "working" system of taking up to 3 days is solving nothing? give it a rest, you're not living in reality. you're just another malware to life...

The technology is really significant for the banking system, but it can not grow forever, after every strong correction, the corresponding growth may follow.
sr. member
Activity: 273
Merit: 252
January 14, 2018, 01:32:48 PM
Banks already have a working system between them. Ripple solves nothing. Ripple is just another malware like bcash trying to take down this whole thing.

so giving banks the ability to transfer funds to another bank in 4 seconds vs. the "working" system of taking up to 3 days is solving nothing? give it a rest, you're not living in reality. you're just another malware to life...
sr. member
Activity: 1099
Merit: 267
January 14, 2018, 12:05:01 PM
I just saw a XRP transaction ---> 100.000.000 XRP were sent. FEES: 0.005 XRP
185.000.000$ with like 0.10-0.20$  fees.... one of the reasons ripple gets that much hate Wink
member
Activity: 65
Merit: 10
January 14, 2018, 11:48:48 AM
XRP is very good to hold for a long term investment just like ETH and LTC
Agree. Ain't we got some good gain already? Let's cool down a bit.
I think, Ripple doesn't depend on Bitcoin price price like other altcoins, because the target audience of ripple are banks and money transfers companies.  Also Ripple will become more independent in the future, when more possibilities to buy ripple directly from fiat will be added.
newbie
Activity: 34
Merit: 0
January 14, 2018, 11:15:06 AM
ALTCOINSAs Ripple’s Market Cap Crosses $120 Billion, Investors Seek Exchanges That Support XRP

The value of Ripple briefly crossed $3 a token Wednesday, triggering a renewed sense of urgency among traders to tap into one of the fastest-growing altcoins on the market.

XRP/USD Price Levels
Ripple’s XRP token reached an all-time high of $3.20 early Wednesday, giving it a total market cap of nearly $123 billion. It remains second only to bitcoin among active cryptocurrencies, having recently overtaken Ethereum.

At the time of writing, XRP/USD was up 4% at $2.86. The pair has gained more than 128% over the last five days, and is up over 9,400% compared to a year ago.

Ripple’s trade volumes continue to soar, with total transactions exceeding $7.2 billion on Wednesday. That’s equivalent to 477,260 units of bitcoin. Activity remains heavily concentrated on the Korean peninsula, with the won on one side of nearly half of total trade volumes. Bitfinex processed the second-most Ripple deals, with the XRP/USD pair accounting for roughly 8.5% of the market’s daily turnover.

Other exchanges on the forefront of the XRP market include Binance, Coinone and Poloniex, according to CoinMarketCap.

XRP in Hot Demand
The fear of missing out, or FOMO, has unleashed the masses on global cryptocurrency exchanges, with traders rushing to buy XRP and other digital tokens amid the frenzy. Exchanges have demonstrated an inability to cope with such large volumes, with the likes of Bittrex, Bitfinex and CEX.io putting a temporary halt on new user accounts. Bitstamp is still accepting users, but is taking weeks to process identity verification.

It is unclear when new account signups will become available again, although Bittrex has announced that registration would resume by Jan. 15. Meanwhile, the U.K.-based CEX.io says it is still trying to deal with the “enormous” backlog of new users registered on its platform.

Coinbase continues to onboard new clientele, but does not currently offer XRP tokens. If industry sources are correct, that may soon change, as the San Francisco-based platform looks to support new cryptos. Coinbase is highly selective about which coins get included on its GDAX exchange. Currently, the platform supports only bitcoin, Ethereum, Litecoin and bitcoin cash.

Ripple’s official website lists Bistamp, Kraken, Gatehub, Coinone, Bitso, Coincheck, Korbit, Qryptos, Bitbank, Bitsane, BTC Markets, LiteBit, Bitcoin Co Ltd. and BItcoin.co.id as exchanges that support the digital currency.

XRP has gone through the stratosphere over the past month on broad institutional support for the XRP protocol. Ripple is sometimes referred to as the bankers’ cryptocurrency for its ability to streamline cross-border payments.
member
Activity: 138
Merit: 10
January 14, 2018, 09:43:52 AM
XRP is very good to hold for a long term investment just like ETH and LTC
Agree. Ain't we got some good gain already? Let's cool down a bit.
sr. member
Activity: 1099
Merit: 267
January 14, 2018, 08:41:40 AM
The price of Ripple has had an interesting week.
Beginning the week trading at around US$3.21, XRP dropped excessively to US$1.62 by midweek.
XRP eventually rebounded towards the end of the week to show a degree of price stability trading at around US$2 (Right now At $1.84 CMC).
XRP’s market capitalisation was US$124.2 billion at the start of the week before peaking somewhere around US$134.3 billion.
In line with price differentials, XRP’s market cap plummeted during midweek trading as well, falling as low as US$62 billion.
XRP managed to reclaim some lost ground by the latter stages of the week, stabilising to show a market cap of between US$71 billion and US$80 billion.


I don't understand the reason for high expectations from ripple. All the time ripple lovers are talking about banks and ripple's usage on banking system for almost 1 year, but there is not single proof about this. I'm just asking, why?

Banks already have a working system between them. Ripple solves nothing. Ripple is just another malware like bcash trying to take down this whole thing.

Why does  this sound like buttcoiners are scared ? Like really really scared Wink
legendary
Activity: 3276
Merit: 2442
January 14, 2018, 08:37:10 AM
The price of Ripple has had an interesting week.
Beginning the week trading at around US$3.21, XRP dropped excessively to US$1.62 by midweek.
XRP eventually rebounded towards the end of the week to show a degree of price stability trading at around US$2 (Right now At $1.84 CMC).
XRP’s market capitalisation was US$124.2 billion at the start of the week before peaking somewhere around US$134.3 billion.
In line with price differentials, XRP’s market cap plummeted during midweek trading as well, falling as low as US$62 billion.
XRP managed to reclaim some lost ground by the latter stages of the week, stabilising to show a market cap of between US$71 billion and US$80 billion.


I don't understand the reason for high expectations from ripple. All the time ripple lovers are talking about banks and ripple's usage on banking system for almost 1 year, but there is not single proof about this. I'm just asking, why?

Banks already have a working system between them. Ripple solves nothing. Ripple is just another malware like bcash trying to take down this whole thing.
sr. member
Activity: 281
Merit: 250
January 14, 2018, 08:35:13 AM
The price of Ripple has had an interesting week.
Beginning the week trading at around US$3.21, XRP dropped excessively to US$1.62 by midweek.
XRP eventually rebounded towards the end of the week to show a degree of price stability trading at around US$2 (Right now At $1.84 CMC).
XRP’s market capitalisation was US$124.2 billion at the start of the week before peaking somewhere around US$134.3 billion.
In line with price differentials, XRP’s market cap plummeted during midweek trading as well, falling as low as US$62 billion.
XRP managed to reclaim some lost ground by the latter stages of the week, stabilising to show a market cap of between US$71 billion and US$80 billion.


I don't understand the reason for high expectations from ripple. All the time ripple lovers are talking about banks and ripple's usage on banking system for almost 1 year, but there is not single proof about this. I'm just asking, why?
full member
Activity: 198
Merit: 100
January 14, 2018, 08:29:35 AM
The Ripple will boost someday and everyone is expecting that to happen.
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