Topic: [XRP] Ripple Speculation - page 268. (Read 637292 times)

God know what could happen one day that 500XRP of your could be worth a million but that's just a wishful thinking. 
If you were just hopeful when it was yet 2 cents, you probably have thousands with just $1000. Its not being dumped very much these days, but you can wait awhile maybe it will drop back to $0.20.

Thanks for the quick reply, when do you suppose that the bubble will burst? It seems as if Bitcoin only knows one direction at the moment. I wait desperately for it to dip again, but now we're almost at 11k. 15-20 cents would be a good entry point. Lets hope that we get there again before XRP starts mooning.

it's hitting half year lows right now with significant signs of growth, so wait for BTC bubble burst and you will be on the perfect spot to enter, I predict between 15-20cents.

Interesting, what are your predictions for 2018? I am considering entering ripple, as it seems that it wont go below 20c anymore, so I can just buy it now. Was waiting for nearly half a year now to go down to 10c now but no way...

This is definitely good news.

Arrington - "I seriously think that we'll be in the trillions next year, and that we'll start to see institutional money," he continued. "I think next year you'll see significant gains."

With CME launching their Bitcoin futures service in two weeks (Man Group and JP Morgan have said they'll be using the service), and now NASDAQ  planning a Bitcoin futures service in 2018: https://www.cryptocoinsnews.com/breaking-nasdaq-plans-bitcoin-futures-launch-2018-wsj/ Expect explosive growth across the crypto space next year 

Hi guys, want  to ask you what amount you have of ripple , what amount you think its OK for make good profit in long term. I only have 500 XRP , plan to buy something more, but i dont have a huge amount to invest in crypto.

Btw i planning to hold for years.

thanks guys!

Useless crap in your last sentence.

I've recently read that a fund is going to be created that uses XRP as it's underlying coins. That's quite something and an advancement from what had been done until now. XRP has been mainly focused into creating this sort of intercompany banking network in order to reduce overal transaction fees for banks who exchange money and move money from one place to another. With the fund being developed that opens the door to a completely different field for XRP and it's going to affect the development of the project into other financial branches, because there is more there than just banking and it's nice to see that XRP is taking this different direction as well. The only problem with XRP is it's obvious too high stake of coins that is centralized.

Here are some exchanges
Bittrex
Poloniex
Bitfinex

Bros, I wish to buy around 1000 XRP with the bitcoins I have. Please direct me right online exchange where I can buy the amount of ripple I wish to go ahead to purchase. Some bodies says that value is simply stable for long time in ripple chart.
So please clarify me the right place to buy and tell me will xrp has the potential to bump more in future.

But XRP is not growing  

Your stupid posts will not make this coin crash, because 80% of purchases are done in Fiat, so Fuck You!

if XRP will breake 2200satoshi support it's over. Majority of those who are dumping this coin right now are early adopters or those close to the project with access to the stash.

There is no option that real investors are dumping this coin. Comparing to the other top 10 coins, BTC/XRP exchange rates XRP is currently dead cheap.

Your USD purchases won't save this coin because what really matters is BTC/XRP exchange rates unless XRP will surpass the global BTC capitalisation becoming the new crypto leader which will never happen.

Fuck out than.

Hey, as I was saying before, XRP is the cryptocurrency for 2018, so just buy it and hold, no one knows how high it might grom in 2018

A hedge fund choosing XRP as their denomination rather than fiat/BTC speaks volumes about how corporates view the ripple/XRP solution.

Eat this.

XRP is good but the price go up a lots, i think the price will drop and it the time to buy Xrp.

i saw the news yesterday, but i wonder if this is open to everyone to invest in or its just something exclusive?

The prominent tech figure Michael Arrington announced a new hedge fund on Tuesday that will be denominated in the crypto-currency XRP, a rival to bitcoin that is closely tied to the software company Ripple.

The news, which Arrington announced at an investor conference in New York, is significant because investors will buy shares of the fund and receive distributions in XRP. While dozens of hedge funds have sprung up this year to invest in the white-hot digital currency market, this one, known as Arrington XRP Capital, is the first to be denominated in a crypto-currency rather than dollars or euros.

Arrington told Fortune that the fund would invest primarily in digital assets, including exotic ones, and in so-called “initial coin offerings,” which involve the sale of digital tokens that can in some cases provide access to an online service such as file sharing. He said the fund will invest to a lesser extent in the equity of crypto-related startups.

Arrington, who made his name in Silicon as the founder of the blog TechCrunch and as a venture capitalist, described the fund as a high-risk project, but says he is so excited about crypto-currency he plans to devote the rest of his career to it.

“Some people think this is crazy and that we’re on the edge of a bubble-bursting meltdown in cryptocurrencies values. After all, a year ago the total market value of all cryptocurrencies was just shy of $14 billion. Today it’s over $300 billion,” said Arrington in a blog post. “‘This is the time for everyone to get the hell out of cryptocurrencies!,’ many people argue, ‘Not jump in with both feet.’ Others, however, argue that we’re just getting started in crypto. I’m one of those people.”

The fund has so far raised 50% of its investment target. Arrington, who says over 10% of his own net worth is now in crypto-currency, did not name specific investors but suggested that many of them are those who have already made a lot of money of the incredible boom in bitcoin and other digital currencies, and want to branch out.

The launch of the fund comes at a time when digital currencies are becoming mainstream among investors and the financial industry. Nonetheless, Arrington acknowledges the crypto market still lacks the full range of financial instruments—specifically derivatives and banks willing to provide loans—that hedge funds typically rely upon as part of their money-making strategies. He believes, though, this is changing quickly.

Arrington says he chose to denominate the fund in XRP, which is the third or fourth most valuable crypto-currency, in part because he likes the financial infrastructure that Ripple has build up around it (you can read all about Ripple and XRP here). He added that it also makes sense for a fund dedicated to crypto investments to be denominated in a digital currency because it provides a much faster way to conduct transactions than conventional money.

Ripple, which provides blockchain software to major banks and companies like Amex, is not an investor in the fund or a partner. But the company will benefit from the fund’s decision to use XRP, in part because it controls large reserves of the currency (which may get a price boost from Arrington’s announcement) and because the move may burnish Ripple’s reputation as a money transfer platform.

Arrington is one of three partners in the new fund. The others are Heather Harde, who was the CEO of TechCrunch and a former M&A executive and investment banker, and technology executive Geoffrey Arone.

XRP still is just in the beginning stage as Arrington said which means this is all going to be your very opportunity to start buying XRP and keep your stash with you incase this will shoot to the space. Don't be left behind AGAIN! 

https://www.coindesk.com/techcrunch-founder-arrington-raising-100-million-ripple-hedge-fund/