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Topic: [XRP] Ripple Speculation - page 200. (Read 637566 times)

newbie
Activity: 27
Merit: 0
January 09, 2018, 04:19:04 PM
Guys, speculation is always there! especially close before wall street bankers get their 150 thousand + bonusses with which their going to invest.

Ripple is going to the sun on the 15th, believe me.
member
Activity: 342
Merit: 10
January 09, 2018, 04:15:58 PM
Ripple will has its own Ripple; but I am HODLer Ripple long Term. I will add more if it comes to $2 or less.
newbie
Activity: 10
Merit: 0
January 09, 2018, 04:15:23 PM

Escrowed or not? It's in the hands of a single company who created them out of thin air, how does this differ from a central bank printing fiat out of thin air?

You're confusing the ripple protocol (which might be adopted bigtime by banks) with the ripple tokens (the things you're buying of which you think they will be used by banks). I thought this whole crypto-thing was about cutting out the middlemen enriching themselves, not enriching the same middlemen even more? I must be too oldschool to comprehend :-)

How you mean 'useless in real life'? You mean you can't transact with it? Do you think gold is useless in real life? Sure, nobody uses it to transact with, but people who owned gold instead of dollars to save are way way way better off... So describing it as useless is very subjective...

Might surpass bitcoin and might make you paper profits, but you'll pay in freedom and future for you and your children

best of luck,


Well, it is (escrowed):  1B XRP are released on the market each month, I've seen it this month and in december also (don't know about before that, as I didn't knew about XRP before early december.

The difference between XRP and fiat is that Ripple or anyone can't produce any more XRP than today's supply. If anything, the total existing amount of XRP is slowly decreasing over time as a tiny fraction of XRP is destructed with each transaction (even if the XRP destructed each day is really meaningless, and doesn't really impact the market, it could be increased later, but I'm not sure it will have a significant impact even in the long term)

I don't confuse them at all, though I do believe XRP will be used by banks if they start adopting the ripple protocol. Simply because it's the most logical choice from a cost perspective.

You can't compare bitcoin to gold. BTC is way more volatil. Gold is considered a safe value, BTC price can rise or drop by 20%+ overnight. Also, what I mean is it does not have a REAL-LIFE utility. Sure, you can earn some bucks investing, but that's all.

Also, the anticapitalist speech I hear coming from people that speculate on Altcoin/Bitcoin makes me smirk a little. Like, if you trade or hold cryptos to sell them someday and make profit, then you make money out of your capital, not your work. I don't see in what it is different than what banks do. (I don't judge, I do it myself, and I consider that the risk you take with your own money partly justify the earning -even if it doesn't justify earning that much money in my opinion-)

What people that are in the game for a long time seem to fail to see it's that, at the end of the day, it's not about the philosophy behind the coin, it's about its real utility and, for the investor, it's about the money you can make and the risk you take . If it wasn't, there woudn't have so much shitcoins outta here.
People that are coming in right now are not here because of the philosophy behind BTC. People in general don't really care (95% of people don't even know what BTC really is) and I think you have to take this new wave into account if you don't wan't to get burn.

Thinking that BTC is going to change the world is a utopia. I'm not betting my money on unrealistic dreams. My children probably won't be freer than I am, but I certainly will be able to feed them and pay for their studies. That's a start.


PS : sorry for my probably poor english, I'm french and tired :p
newbie
Activity: 42
Merit: 0
January 09, 2018, 04:10:49 PM
yes read 1984, a couple of times and agree we are in danger of heading towards a totalitarian society, however in 1984 it was a centralized power who invaded the privacy of its citizens while maintaining the curtains of power. When I say I prefer transparency I mean open government as well as private industry and society. As much as citizens claim to hold their personal privacy sacred we see more and more people signing up to social media accounts and sharing their intimate details with the world. And i believe we are only in the infancy of a digital society. In the future, with development of more advanced AR and VR we will find people spending even more time logged in, be it for work, for education, for leisure and entertainment and their online identities will become more and more available... and with the advent of developing tech such as neural prosthetics there will eventually come a time when we are never offline. At which point personal identity boils down to an IP address. Again, to me this is neither good or bad, it just seems to be the direction we are heading if you look at current and past trends and project to the future.


Sorry, I dont mean to condemn your personal ideology and of course you're free to express your opinion. Its just that I have a negative visceral reaction to that name. IMO Rand was completely full of shit. her theory of objectivism is ridiculous. I also happen to prefer Tribalism as the tribe is humanity's natural social unit, just a product of evolution, and as for the obsession with privacy some have, while I sympathize, to me its kinda like standing in front of an avalanche and shouting "I defy this!". I think it is inevitable we are progressing toward less and less privacy. I'm not saying I agree with this, (there is no agreeing or disagreeing the avalanche exists) but how, given obvious technological and societal trends, can we avoid being swept away? and ultimately I do prefer transparency to secrecy.

Haha, no problem dude... by the way, who says it's my personal ideology... I kinda just like that particular quote of hers (and some others for that matter)... Doesn't mean I agree with her theories...

I respect your opinion. I think it will be a difficult fight indeed, but a society without privacy I think will be a totalitarian society... If you have some spare time I can advize you to read 1984 by Orwell, it was written in 1948 and paints a grim picture with some trends that are clearly visible now... and they're not the good ones...

Imagine living like this:
https://i.pinimg.com/236x/fd/9f/16/fd9f167b867ed5bcd46803fa0e27a328--george-orwell-quotes-.jpg


full member
Activity: 1064
Merit: 166
January 09, 2018, 04:02:15 PM
Curious what will 11.01. bring to us, when DMM exchange opens

What is exactly this news do you have a link please?
newbie
Activity: 25
Merit: 0
January 09, 2018, 03:31:51 PM
Curious what will 11.01. bring to us, when DMM exchange opens

I hope more volumes  Huh
sr. member
Activity: 2674
Merit: 328
January 09, 2018, 03:18:22 PM
Curious what will 11.01. bring to us, when DMM exchange opens
sr. member
Activity: 1037
Merit: 253
January 09, 2018, 02:26:19 PM
There is nothing wrong with that, you can look and see my bank account, problem is not in that, why would I hide? Problem is in society, not in what I do with my bank account, if everyone has food, house, other things that help build family, why would I care about my bank account, why would I need one at all?


Take Bitcoin, 11 million of bitcoins were created by the end of 2011, just 3 years. Not a big effort. No-one cares in nowadays about rest of the coins, because most coins in concentrated in hands of exchanges and other guys like Winkelvoss brothers.

This is hard to call work, the rest is just illusion to produce fake value "We mine", common like.

Hmmz, and you said I was living in some utopia  Smiley

First gold that was mined was also easy... doesn't really matter, gold still represents scarcity, it still represents all the work in all the ages that was put in mining it...
Anything that comes out of nothing at no cost is worth 'nothing'...

Anyway, agree to disagree, glad we can end this discussion in a more civilized way then it started...

best regards,

Did not get your sarcasm about utopia.

In reality gold lost it value long time ago and it does not represent real situation, as more we drill, more we find it.

It has more value being juwelery and accessorie than some store of value.

And again, in case of catastrophe, alive cow and chicken, and tomato seeds will have more value than all bitcoins and gold all together. As well as brains.
legendary
Activity: 1568
Merit: 1002
January 09, 2018, 02:24:35 PM
XRP goes quickly I think will continue to go back by looking at the side of the market charts, continuing to 10$ just exhilarating my financial applause for the merchants performance buying now increases will happen in a few days.
newbie
Activity: 78
Merit: 0
January 09, 2018, 02:15:05 PM


I don't know what you mean by that. Sorry.


I think he asked you to sell XRP so someone else can enjoy it and so we can enjoy your lament and tears
soon

So HODL...

And yes I thought this was a speculation thread and not for the discussion that is going on. So my apologies for my stupid question.  Roll Eyes
sr. member
Activity: 2674
Merit: 328
January 09, 2018, 02:05:11 PM
There is nothing wrong with that, you can look and see my bank account, problem is not in that, why would I hide? Problem is in society, not in what I do with my bank account, if everyone has food, house, other things that help build family, why would I care about my bank account, why would I need one at all?


Take Bitcoin, 11 million of bitcoins were created by the end of 2011, just 3 years. Not a big effort. No-one cares in nowadays about rest of the coins, because most coins in concentrated in hands of exchanges and other guys like Winkelvoss brothers.

This is hard to call work, the rest is just illusion to produce fake value "We mine", common like.

Hmmz, and you said I was living in some utopia  Smiley

First gold that was mined was also easy... doesn't really matter, gold still represents scarcity, it still represents all the work in all the ages that was put in mining it...
Anything that comes out of nothing at no cost is worth 'nothing'...

Anyway, agree to disagree, glad we can end this discussion in a more civilized way then it started...

best regards,

Google was created out of nothing, too...is it worthless?
sr. member
Activity: 514
Merit: 258
January 09, 2018, 01:59:06 PM
Awesome disussion here. I like it very much. Above all: The postings from obit33. I totally agree with that. But:
This thread here is about speculation.
Although I support the idea of a a decentralized, absolute private coin, I am making profit with XRP. And in my opinion, there is much more profit on the way.
Immoral?
Maybe. But on the other hand: An objective view. Sad but true.


I understand and you are right, I was just about to wrap up... guess I just felt a little 'attacked' by some statements and wanted to defend my point of view...

will go now...

all the best of luck with trading and investments, wanting to make money is totally not immoral in my opinion, so go ahead  Smiley

best regards,
sr. member
Activity: 514
Merit: 258
January 09, 2018, 01:57:49 PM
There is nothing wrong with that, you can look and see my bank account, problem is not in that, why would I hide? Problem is in society, not in what I do with my bank account, if everyone has food, house, other things that help build family, why would I care about my bank account, why would I need one at all?


Take Bitcoin, 11 million of bitcoins were created by the end of 2011, just 3 years. Not a big effort. No-one cares in nowadays about rest of the coins, because most coins in concentrated in hands of exchanges and other guys like Winkelvoss brothers.

This is hard to call work, the rest is just illusion to produce fake value "We mine", common like.

Hmmz, and you said I was living in some utopia  Smiley

First gold that was mined was also easy... doesn't really matter, gold still represents scarcity, it still represents all the work in all the ages that was put in mining it...
Anything that comes out of nothing at no cost is worth 'nothing'...

Anyway, agree to disagree, glad we can end this discussion in a more civilized way then it started...

best regards,
sr. member
Activity: 618
Merit: 292
January 09, 2018, 01:56:53 PM
Awesome disussion here. I like it very much. Above all: The postings from obit33. I totally agree with that. But:
This thread here is about speculation.
Although I support the idea of a a decentralized, absolute private coin, I am making profit with XRP. And in my opinion, there is much more profit on the way.
Immoral?
Maybe. But on the other hand: An objective view. Sad but true.
sr. member
Activity: 1037
Merit: 253
January 09, 2018, 01:53:57 PM
So far you did not answer my questions, you did not provide me any argument. Decentralization will not be born from thin air, even Ripple is not printed from thin air like many of like you spread. It has an circulation of 100B coins, 55B was put into escrow (useless step though, instead of "Ripple can dump" people like you started to say "Ripple can print", though Ripple did it just for community not that they needed that to do).

Once again, decentralization will not born, just because you strive, like you will not produce poo without consuming something, you can strive in toilet as much as you can, but first eat than do poo.

As of privacy, you lost it when you bought your first modem from Telco and started typing into thing called internet, its the same as to write on the wall in public place, or shout.

Your first 2 sentences are more of an opinion. You're right about the printing though, there's a limit on the number of ripples. I was more talking about the fact that they were just 'created' by 'a push on the button'... There wasn't any energyconsumption, no work, a rippletoken represents nothing...

So because there's a lack of privacy now, we should just give everything away according to you, we shouldn't care anymore... I'll ask my very simple question again then:

edit: and just one simple question: You would be okay with it, that if you sent me money by bank, that I could see how much you have on your bank account, that I could see whom you transacted with in the past, for how much, how many times... yes?

Would you please answer it now?



There is nothing wrong with that, you can look and see my bank account, problem is not in that, why would I hide? Problem is in society, not in what I do with my bank account, if everyone has food, house, other things that help build family, why would I care about my bank account, why would I need one at all?


Take Bitcoin, 11 million of bitcoins were created by the end of 2011, just 3 years. Not a big effort. No-one cares in nowadays about rest of the coins, because most coins in concentrated in hands of exchanges and other guys like Winkelvoss brothers.

This is hard to call work, the rest is just illusion to produce fake value "We mine", common like.
sr. member
Activity: 2674
Merit: 328
January 09, 2018, 01:53:15 PM
Aren't your bitcoin miners middleman in this case, and more greedy than any bank? I mean, charging $50 for $1 transfer...really???

Surely I'm not saying bitcoin is perfect! But there are other decentralized and trustless cryptocurrencies solving this specific problem in some ways without me having to trust some central corporation... I found this quite a good read actually: https://tomluongo.me/2017/11/16/the-foundation-of-the-next-cryptocurrency-bull-market/

Not saying he's right, but interesting hypothesis nonetheless...

best regards


I support many cryptocurrencies, and XRP is one among them...my support for XRP (or anyone elses) won't destroy
any other crypto...you're free to support whichever you like...if I won't like the way Ripple develops, I'll just remove
my support by selling...so I really don't see point in constant FUD in this thread...at least be creative and find
some new one, reading same biased FUD arguments over and over is really boring
sr. member
Activity: 514
Merit: 258
January 09, 2018, 01:51:19 PM
Sorry, I dont mean to condemn your personal ideology and of course you're free to express your opinion. Its just that I have a negative visceral reaction to that name. IMO Rand was completely full of shit. her theory of objectivism is ridiculous. I also happen to prefer Tribalism as the tribe is humanity's natural social unit, just a product of evolution, and as for the obsession with privacy some have, while I sympathize, to me its kinda like standing in front of an avalanche and shouting "I defy this!". I think it is inevitable we are progressing toward less and less privacy. I'm not saying I agree with this, (there is no agreeing or disagreeing the avalanche exists) but how, given obvious technological and societal trends, can we avoid being swept away? and ultimately I do prefer transparency to secrecy.

Haha, no problem dude... by the way, who says it's my personal ideology... I kinda just like that particular quote of hers (and some others for that matter)... Doesn't mean I agree with her theories...

I respect your opinion. I think it will be a difficult fight indeed, but a society without privacy I think will be a totalitarian society... If you have some spare time I can advize you to read 1984 by Orwell, it was written in 1948 and paints a grim picture with some trends that are clearly visible now... and they're not the good ones...

Imagine living like this:


sr. member
Activity: 2674
Merit: 328
January 09, 2018, 01:49:47 PM


I don't know what you mean by that. Sorry.


I think he asked you to sell XRP so someone else can enjoy it and so we can enjoy your lament and tears
soon
sr. member
Activity: 514
Merit: 258
January 09, 2018, 01:45:59 PM
Aren't your bitcoin miners middleman in this case, and more greedy than any bank? I mean, charging $50 for $1 transfer...really???

Surely I'm not saying bitcoin is perfect! But there are other decentralized and trustless cryptocurrencies solving this specific problem in some ways without me having to trust some central corporation... I found this quite a good read actually: https://tomluongo.me/2017/11/16/the-foundation-of-the-next-cryptocurrency-bull-market/

Not saying he's right, but interesting hypothesis nonetheless...

best regards
newbie
Activity: 78
Merit: 0
January 09, 2018, 01:44:25 PM
I have bought ripple at 2.6 euro's. So now I have quite a big loss since it's now at 1.9 euro's.

HODL or (panic) sell? I dont know anymore.

260 pages people were saying that they got robbed in fiat, in btc.

260 pages prove that this people were terribly wrong.

The one who bought 7 monts ago ATH did 10x profit

Now, do your own math

I don't know what you mean by that. Sorry.
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