Topic: [XRP] Ripple Speculation - page 309. (Read 637292 times)

Why would governments shut down their corporation friends? In the hypothetical case that there was to be one or several government shutdowns, you better believe it won't be XRP.

I honestly am not sure that Ripple/XRP should be compared side by side to BTC/LTC, or that either of those should be compared fully to ETH. Each are so different and of the four, XRP serves a purpose which is really inherently different and exclusive from the rest.   

I don't believe that there has to be a winner between BTC / XRP, but that they would almost be more likely to coexist as fiat and gold do, today.

I am not a crypto expert by even a long shot. I research and read and I buy and HODL and rinse and repeat, but I still struggle to fully grasp the entirety of what blockchain and crypto are and will become. When someone compares the market cap of a crypto to the USD I think wow, you're right. But then I realize....woah, the U.S. is such a SMALL part of the global equation of which BTC actually applies. As you pointed out, a Chinese crackdown on BTC really did not hurt the coins value. Crypto and Blockchain are huge.

In that same regard, I see XRP as being pretty different in terms of an investment when compared to a coin like BTC or LTC. (LTC being my personal favorite digital currency for actual use and transactions due to transaction speeds).   

but Ripple Labs as I see it is a private company who built a product and has this product suite of offerings to offer their corporate customers. Ripple Labs strikes me as a decent company with a good product that can help their target market (Banks) improve their service to customers and profit margins. That gives them a neat product offering and makes it an interesting company to me. I buy XRP like I would stock in a company that I think is going somewhere, because if Ripple's application takes off in that more centralized/private world, then their "currency" will likely increase in value and use as well.

I buy BTC differently, as a store of increasing value, such as gold. 

I dont know, that's my perspective and I may not be doing a grand job of expressing how my meager intelligence is processing the crypto world, but I just see XRP and BTC in different lights, personally.

I don't see why a government entity would aim to shut down Ripple labs  and their product line anymore than they would gmail, yahoo, hotmail, or what-have-you.

As more I see people like you, as more I loose faith in prosperous well being in this world...

Haha this place is full of autistic retards...


Guys guys... google is a scam because you dont need it to use the Internet.

Autistic superpowers here are very strong

shiieeet, another ripple pump n dump ;(

I'm not so sure. I've seen so many bad news stories over the years that I have come to believe that all negative impacting stories only temporarily affect the price of bitcoin... and thus alt cryptos as well. In fact I'm of the belief that bitcoin is about to do another 20% rally and very soon too.

Well as long as there is internet.. good luck with banning an entire network lol.

its childish to think a government can close ripple, they can just ban them in that country and they simply will continue in the rest of the world

Which gov is this...china? , uk?, saudi?, usa?, russia? lol
Oh the one world gov......hmmm, what if thats Ripple labs   

Nothing stops crypto, nothing will stop XRP
internet must die, is the only choice....i dont see that happening...do you?

do you have a news source you mentioned that the Chinese government sent a message to RIpple labs to close all their trades?

so, they just close the trade in china while their trade in other markets all over the world do not close it

although they are owned by one of the owners but I see in the next few days the growing value of their assets you can see the fact that XRP positioned 5 big in marketcap

Cryptocurrencies: China Government sends order to exchanges, they close down. BTC survives, works as designed. Value lost <20%

XRP: (Possibility) Government sends order to Ripple Labs, they close down. XRP stops working, XRP becomes worthless.

I cannot believe people still invest in a synthetic token that is controlled by 1 company and can be shut down any minute LOL 

Damn i didnt know this here

Seems really really strange.

1. Pboc at ripple headquarters then crackdown on icos


2. Ripple opens office in Singapore then this https://www.cryptocoinsnews.com/singaporean-banks-abruptly-terminate-accounts-of-bitcoin-exchanges/

Next time it won't be coincidence.
Get some xrp

https://www.linkedin.com/pulse/sibos-swell-two-visions-future-finance-don-tapscott/?trackingId=Zzzov5DeKaMTVrY8NXc1yw%3D%3D


Ten thousand of the world’s most powerful bankers will assemble here in Toronto October 16-19 for the annual Sibos congress. The mood will be unsettled and - with a little luck - sparks will fly.

Our global financial system serves billions of customers and supports a global economy worth more than $100 trillion. Since the crash of Wall Street in September of 2008, the financial industry has been under pressure to change.

Today, the overall state of the current financial system can only be described as dire.

It is antiquated, a kludge of industrial technologies and paper-based processes dressed up in a digital wrapper. It is centralized, vulnerable to data breaches, systems failures and cyberattacks that seem all too frequent. It is exclusive, denying billions of people access to the basic financial tools needed to improve their overall well-being. It is opaque, consistently baffling monetary policy-makers and financial regulators due to the strict compartmentalization of oversight. It is elitist, with industry executives receiving compensation far beyond the compensation provided to executives in other industries.

And it is monopolistic, stubbornly lobbying for the status quo and stifling the kind of disruptive innovation which serves as the bedrock for prosperity.

In 2008, through bad incentives and worse behavior, this industry very nearly brought down the global capitalist system.

These factors pulling for change are being boosted by a technological push. Blockchain – the technology behind cryptocurrencies like Bitcoin, Ethereum and Ripple – threatens to disrupt and even displace entire parts of the industry.

All this is coming to a head in Toronto this October. Sibos is the largest and most important conference of financial industry. Its organized by SWIFT, the Society for Worldwide Interbank Financial Telecommunications, which provides a platform for financial institutions to share information about their transactions.


My history with Sibos is interesting to say the least. In September 2008, I delivered the closing keynote address to the entire congress in Vienna. But the timing was bizarre, as this speech happened just two days after the Lehman Brothers fell and the banking was world sent into a tailspin.  In the audience were thousands of stunned bankers, although some had left the event realizing that they had just unceremoniously lost their jobs. The term “deer in the headlights” comes to mind.

The night before my address, I decided to retire my powerpoint and shoot from the hip. I told them that they would remember the world up to this day and the world after this day – that it was a punctuation point in global history. I used the address to detail what I thought were the most egregious flaws in the financial sector.

Almost a decade after I gave that address, Sibos is coming to my own backyard here in Toronto. It occurred to me some time ago that given my Canadian connection I might be asked once again keynote the conference.

I sat by my phone for a few months, but still no call. Was it something I said?

Finally, my phone rang. While I was asked to deliver a keynote during Sibos, I wouldn’t be delivering it at Sibos. I was asked to deliver the closing keynote for an alternative conference running in Toronto at the same time, called Swell.


Swell is being organized by Ripple, a leading blockchain company who apparently felt that these topics were not being properly addressed at Sibos. It will feature two other keynotes, one from former Chairman of the US Federal Reserve Ben Bernanke, and the other from the inventor of the worldwide web Tim Berners-Lee. A number of other leaders in cryptocurrencies and the blockchain revolution will speak, including Ethereum founder Vitalik Buterin.

 My closing talk is entitled: “Blockchain Revolution: The State of the World.”

Whereas my address at Sibos in 2008 outlined problems in the financial world, my address to Swell attendees will discuss solutions – the radical transformations in the global economy – particularly how blockchain technology is revolutionizing the financial industry. 

It’s difficult to overstate blockchain’s potential to fundamentally change the way we do business. By removing the need for non-value adding intermediaries to provide trust in transactions, blockchain has the ability to assure everyone benefits from economic growth – not just the very few.

Banks should not view this as a threat but rather a call to action.

As for the State of the World, there are many burning questions to address:

What is hype and what is reality? To what extent are banks embracing this new technology, versus establishing themselves as impediments to change? Where are the real opportunities? Is the new wave of ICOs (the blockchain crowdfunding efforts that have already raised over $2 billion dollars this year) a bubble? How will the Chinese government’s recent actions affect the world of cryptocurrencies?  To what extent is the rising tide of hard sovereignty and protectionism a threat to the potential benefits of a truly global distributed ledger? What kinds of regulation make sense? Which countries are positioning themselves as leaders of the second era of the Internet. How can the stakeholders effectively govern in the blockchain era?

And of course, the most burning issue of our time: What was JP Morgan CEO Jamie Dimon thinking calling bitcoin a fraud?  #TheBigCryptoShort

And no, I won’t be predicting the price of any cryptocurrencies over the next year."




Mr Tapscott

Who knows...

But don't you think the execution of cryptoban in China on 30.sept. would drag down all cryptos?
Maybe it would be smart to wait. The announcement alone had deep impact on almost all currency's.

Two things in October:
- SWELL
- Upbit

And guess what, September ends in 3 days, and we have to close it @ 0.26 or greater, and guess what, tomorrow it is going be 0.24

One important thing to note in forums and elsewhere, sentiments changed since May/June dramatically, everyone accepts 0.12-0.17 as dip, days of 0.005 are in past for good.

@memberberries: completely obsolete comment bruh.
@Darkholder: thanks for your opinion.

How can we follow that conference in Toronto? I want to invest more money in ripple but I can't make sure it's the right time.

Sweet start to something better https://www.coingecko.com/en/price_charts/ripple/usd 

Atleast something good news coming!