Topic: [XRP] Ripple Speculation - page 295. (Read 637625 times)

I present you guys this chart, that may help you make better decision

I am really waiting for this one to be pumped

I am ready,... I have a lots energy and XRP now,.... HODL and wait for next pump

It definitely is that. Ripple could focus on something else that would make the price go up faster than the rate that it's currently going though they are focusing on Blockchain coding.

No Swell: Ripple Price Sinks as Conference Passes Without Bullish News for XRP

https://www.cryptocoinsnews.com/no-swell-ripple-price-sinks-conference-passes-without-bullish-news-xrp/

The ripple price plunged as Ripple’s much-anticipated fintech conference came and went without the major announcement that XRP investors were hoping for.

Two months ago, the ripple price spiked after Ripple previewed a major announcement. It quickly became clear that the announcement was conference-related, but investors let their imaginations run wild as the firm slowly revealed details over the ensuing days, and speculators began driving up demand for XRP — the native currency of the Ripple Consensus Ledger (RCL).

Specifically, they believed that the conference would be hosted in Asia and would be accompanied by an announcement of a partnership with an Asian bank, corporate giant, or even government. When neither of these materialized, the ripple price plunged.

A similar phenomenon occurred this week.

From October 16-18, Ripple hosted “Swell: The Future Is Here” in Toronto. Once again, investors anticipated that bullish news for XRP would break at the conference, and the ripple price rose as high as $0.291 on Monday.

Investors watched the conference live stream with bated breath, but, once again, they saw no significant XRP-related news. And while the Bill & Melinda Gates Foundation did announce that Ripple was one of several fintech companies that had collaborated to develop Mojaloop, an open-source application intended to help the world’s unbanked population access basic financial services, the announcement did not have any direct bearing on XRP.

Consequently, the ripple price quickly reversed course and ultimately sank as low as $0.208 on Thursday. This reduced its market cap to just $8.1 billion — a nearly $3 billion decrease since it briefly cracked the $11 billion threshold earlier in the week.

XRP has seen a slight bump to $0.217 in the past few hours following the release of Ripple’s quarterly XRP markets report — which teases the announcement of new partnerships and an “innovative approach” to use XRP to increase Ripple adoption — but the currency is still down about 15% for the week.

Has anyone noticed that ripple has been rising a lot in the last few days? it is a little bit freezed between $0,22 and $0,25, but it is going up doesnt matter what. Maybe i expected it to go up some few cents more , i thought it would be standing at $0,30 at the moment, but it is not happening, it will require more time it to happen i guess, i dont know, i am re-stocking my portfolio of some ripple.
Lets see how it goes in the next months, ripple is doing it good.

You guys are boring with repeating that scam news...so what, should dollar value drop or we should abandon dollars because someone scammed someone somewhere?

https://www.csbs.org/news/press-releases/pr2017/Pages/10192017.aspx

Washington, D.C. – Today the Conference of State Bank Supervisors (CSBS) announced that 33 financial technology companies have agreed to serve on the CSBS Fintech Industry Advisory Panel. The panel brings together state regulators and industry leaders, who will identify ways to help modernize the state regulatory system.

Reflecting a high level of interest, state regulators accepted a large number of companies – from start-ups to national brands – representing different industry sectors, geography, and business models. A full list appears below. Check here for any additional companies.

Albert Forkner, CSBS chairman and commissioner of the Wyoming Division of Banking, said: “State regulators want to listen to fintech leaders, take action to make the multi-state experience as seamless as possible, and ensure consumers and local economies reap the benefits of innovation. At the same time, we will preserve the essential financial safeguards and local perspective provided by the state regulatory system.”

The advisory panel will have three working groups: money transmission and payments; lending; and community banking and innovation. Panel members and state regulators will discuss existing pain points and identify opportunities to improve multi-state licensing and supervision. The panel will kick off with a conference call later this month.

The advisory panel is one key element of CSBS’ Vision 2020, a series of initiatives designed to forge an integrated, 50-state licensing and supervisory system for non-depository financial institutions, including fintechs, while ensuring safety and soundness and consumer protections.

CSBS Fintech Industry Advisory Panel members:

1. ACTIMIZE
2. AFEX
3. Affirm, Inc.
4. Alipay US
5. Amazon Payments, Inc.
6. Avant
7. BitPay, Inc.
8. Circle Internet Financial, Inc.
9. The Citizens Bank of Edmond
10. Common Bond
11. Enova International (NetCredit & CashNetUSA)
12. Envestnet | Yodlee
13. First Data Corporation
14. Funding Circle USA, Inc.
15. Green Dot Corp
16. IOU Financial
17. Intuit
18. Kabbage
19. LendingClub
20. LendingHome
21. LendUp, Inc.
22. LibertyX
23. Microsoft Payments
24. OnDeck Capital LLC
25. OneMain Financial
26. Oportun, Inc.
27. PayPal
28. Remitly, Inc.
29. Ripple
30. Seed
31. Servicio UniTeller, Inc.
32. Social Finance, Inc./SoFi Lending Corp.
33. Western Union




I just bought more

All my ripple sits on my hardware wallet awaiting that mystical day in the future where I can release it as a wave

It certainly is, and many people don't realise this. I have great faith in the project and in the use and value of XRP. I am not planning on selling any time soon, and often buy more. A price swing of a few cents is irrelevant from a long-term perspective.

Now it's dropped - back to old usual level - is it a good time to buy again?
Are we just going to see another sloooooooow rise and then fall back again and again??
I'm happy to hodl but it's getting frustrating

hi there, i have some ripples in bittrex, but when i try to send them to exodus eden it says invalid transaction, how can you send them without the tag? i dont find it in my exodus eden wallet

Manager of Ripple cryptocurrency exchange arrested for scam

Source: https://www.japantimes.co.jp/news/2017/10/18/national/crime-legal/manager-ripple-cryptocurrency-exchange-arrested-scam/#.WehWSztpFhH

A Japanese manager of an exchange for the Ripple cryptocurrency was arrested Wednesday for allegedly swindling ¥1.4 million ($12,470) from a depositor, police said.

It is the first arrest in Japan made in connection with a bourse of the Ripple virtual currency issued by a U.S. venture company, which is officially called XRP, according to investigators.

Yuki Takenaka, the 31-year-old founder and head of a company operating the Ripple exchange, is suspected of defrauding the male depositor in Miyagi Prefecture of the ¥1.4 million in March 2015. He allegedly collected the money even though his firm was in a state of collapse and unable to make refunds at that time.

Takenaka, a Kyoto resident, has admitted to most of the charges, according to the police.

The currency exchange was set up by Takenaka in Hamamatsu, Shizuoka Prefecture, in May 2014, but users were unable to withdraw cash or contact him around March the following year.

His company collected money from its users in exchange for IOUs, or written acknowledgements of debt, needed for Ripple online transactions. Users could exchange the notes with Ripple or convert them into cash.

According to investigative sources, Takenaka allegedly swindled more than ¥10 million out of a dozen users by advertising that his company charges no commission.

He is also suspected of issuing fictitious IOUs worth around ¥120 million and making profits. The police will search Takenaka’s home and other places in Hamamatsu.

As of Monday, Ripple’s market capitalization stood at more than ¥1 trillion following bitcoin at over ¥10 trillion and Ethereum at over ¥3 trillion.

The Ripple currency is usually used for international payments and cannot be used for merchandise purchases. It has been traded online mainly for speculation purposes.

Source: https://www.japantimes.co.jp/news/2017/10/18/national/crime-legal/manager-ripple-cryptocurrency-exchange-arrested-scam/#.WehWSztpFhH

Well tbh, I never expected 200% growth in a week, but still expected slow growth
after SWELL, not pretty sharp drop...this is not marathon, but backpedaling

ripple journey is a marathon not a sprint.

Do not say idiocy, 6 months ago BTC was around 1.8 ~ 2k and XRP between 0.4 ~ 0.7 cents.

XRP has lost almost nothing of the maximum value that has arrived.

XRP maximum of 0.40 cents and has already reached 2x at 0.28 ~ 0.30 between July and now in October.

People want to stay millionaires overnight, they want to invest in XRP today and expect the value to rise in 10 days.

Every investment takes time for a good harvest. Ripple also depends on people who believe in them and will be rewarded for it.

Want to win with XRP? So always buy in the dive, when there is a drop of 5 to 10% and sale when you climb 5%. Or be smart and always buy the dives to accumulate more and more XRP and never sell.

But there will be a day that there will be only 40b of XRP in circulation and when banks and institutions begin to use the token, every day (Minutes and Hours) XRP will be burned. Many speculate that the rate burned is insignificant, but it will happen all the time, so at some point in the future there may not be billions of XRPs. Then there will be supply and demand and this token may be more in demand than the BTC itself.

AND DO NOT WAIT FOR THAT TO ACHIEVE IN 2018 OR 2019, IT CAN TAKE A LONG TIME.

Max Supply
100,000,000,000 XRP

Total Supply
99,993,667,738 XRP

has already burnt nearly 7 million XRPs, imagine when banks and instutions start using the token for transfers across the globe when XRP is adopted as a form of payment around the world. Many XRPs will be burned per day, for weeks, for months, for years. This is just a matter of logic.

In all speeches they show not only the Ripple technology, but the use and economy using the XRP token.

The company Ripple went through several problems in the past, but struggled to overcome all obstacles to being regularized by governments and all this work to be a fraud? To appear in all parts of the world to deceive the whole public? Just to pick up the XRP and they pour more? No one is stupid to do that.

If you have a company or you're setting up one, do not think that in a month you'll be rich with it, if you want your company to be recognized, fight for it, show people how reliable and safe it is for investors.

And if anyone thinks that XRP can go back to 3 cents again, I will be one that I will buy from all the weak.

Yes Mr. Yuki Takenaka earn the right, of a long stay, at care of the Japanese authorities. Another fraud criminal caught in the Crypto financial sector. This time in small Ripple exchange, but nothing directly related to the criptocurrency it self. We just hope that again the United States don´t desire to take another guest to their country, as the founder of BTC-e. In that case may be they can become cell mates.... 

So IBM's choice of Stellar Lumens was just a coincident?

wov below 4k sat.
we are now at wher we where 6 months ago.
i believe it will alwys be profitable in fiat but not that sure it will be profitable in btc.
i am holding one more year thats all.

Last week I bought 2417 Ripple with 0.00004560BTC each . I will sell it today I will already loss with the current price which is 0.00003742 . Too much regret here but I'm still waiting for the comeback of Ripple because of this news which would encourage me to buy some Ripple and Stellar.

Check this links: https://www.coindesk.com/ibms-stellar-move-tech-giant-use-lumen-cryptocurrency-payments-rail/
https://www.cnbc.com/2017/10/16/ibm-has-a-new-blockchain-for-banks-to-speed-up-cross-border-payments.html

i think it isn't worth an investment. There are other currencies like dash that can do the same thing as ripple does but only better