Topic: [XRP] Ripple Speculation - page 31. (Read 637326 times)

I understand the distinction between Ripple and XRP, and it is certainly true that XRP has its own fair share of good news, along with Ripple... but that rarely if ever seems to translate into the sort of price movement we would see for other coins.
Not sure why this is, or how much the token-dumping by Ripple plays a part... but regardless, XRP still has a really solid use case and looks good for the long-term.

It should, I posted link to their presentation few days ago

https://bitcointalksearch.org/topic/m.52938617

New Ripple-Based Remittance Service Launching – Will Crypto Asset XRP Be Utilized?

SBI Ripple Asia and SBI Remit, a cross-border funds transfer platform that operates as a subsidiary of the Japanese financial giant SBI Holdings, are launching a new payments service between Japan and Vietnam.

https://dailyhodl.com/2019/11/18/new-ripple-based-remittance-service-launching-will-crypto-asset-xrp-be-utilized/

That's an interesting perspective, you believe it'll have a leading position but you want to wait for a better time to trade it?!
Don't you think it's close to a bottom, if it has not already hit bottom? Do you have a specific price in mind or are you judging if the time to buy is right or not based on every day data?

xrp does have long-term potential, and sometimes it can also be profitable in short-term investments. the most important thing is that you understand the investment technique, because xrp is one of the coins that has a great opportunity in the market

Yes you are right, there are many XRP holders who are sure their investment will come good. It is just a matter of time.

 I just love the enthusiasm of the XRP army. I don't hold any XRP but I will trade it when the time comes. I strongly believe that Ripple will be one of the leading altcoins with the most volume in the coming of the altcoin season.

Three XRP subreddits you should follow

Ripple (XRP) is making a name for itself as one of the most relevant cryptocurrencies in the market today.
With a current market cap of almost $12 billion, it is the third-largest cryptocurrency by market value.

https://finance.yahoo.com/news/three-xrp-subreddits-100027105.html

Let me tell you a little secret, in the develop world cryptocurrency exist. Its magic, you can transact person to person (like handing over cash to someone) but the other peer can be anywhere in the world, all done  with a app, no third party needed, its only a matter of time before it reaches your part of the woods too.

And this is exactly what I do actually and only use it for transactions because let's be honest is the fastest and cheapest option right now.

As I said there is a lack of additional products for XRP like cards, ATMs, etc. and that is why I am only using it for transfer and sell immediately just after.

Of course, a couple of times I have bought XRP to speculate on the price and that's it as for now. So XRP is used for transfers and speculation actually we can assume.

I think this can help to bring more adoption:


This is really big news for XRP and exactly what Ripple project needs right now, which is more use cases and wider adoption.

Of course, if XRP will finally be used by 95% of traders for 90% of their transfers and additionally by crypto enthusiasts and hodlers, then this could also give the fuel needed for the price to spike.

We can not forget how LTC finally spiked when BTC and ETH were too expensive at the time of the bubble in 2017 and additionally both Bitcoin and Ethereum suffered network congestions. Litecoinstartedtobe used for transactions because was one of the fastest and cheapest at this time additionally there was no problems with the network and LTC was listed on all exchanges which is very important too.

Today XRP is slowly becoming the coin for transactions and only this should be enough to see some positive price changes.

Another Major Remittance Deal For Ripple: a Variable in Short Term XRP Price Trend?

SBI Ripple Asia has just confirmed that it will be working with SBI Remit and Vietnam’s TPBank to facilitate remittance payments between Japan and Vietnam. The partnership will enable near-instant, low cost payments using the collaboration between Ripple Labs and SBI Holdings, RippleNet.

https://www.newsbtc.com/2019/11/15/another-major-remittance-deal-for-ripple/

This... And if we're to choose between the two, let me ask... which is more dangerous for the ecosystem?
 - A chain centralized around greedy miners whose main (only?) purpose is to make a profit,
 - Or a chain centralized around its main developers and supporters?

https://thenextweb.com/hardfork/2018/10/08/china-means-intent-destroy-bitcoin/


"Chinese mining pools control Bitcoin
The paper establishes its thesis by proving the Bitcoin mining ecosystem has become “heavily centralized.”
Cryptocurrency miners have banded to such an extent that “over 80 percent of Bitcoin mining is performed by six mining pools,”
with five of those managed directly by individuals or companies based in China."

it has found its way to the hearts of users who wants to withdraw coins for cheaper fee. but don't let ripple love fool you, just look what happen now. for several dumps the price of XRP didn't follow the trend but the least you expect if goes down. you'd better exhcange it again to BTC after sending your XRP to anther exchange. i guess we can all share how XRP is going to be used from now on.

Neither BTC nor XRP is control by the Chinese and I don't said no BTC. Could you be more specific with what you mean because i don't really understand your point.
Thank you.




XRP is certainly manipulated but people are mistaking things because the XRP partnership with moneygram does mean investors will get something good out of it.

Ethereum is being hyped for the upcoming change to PoS sometime in the near future. Once this is done and in the past, it'll drop like a rock.

Also don't misunderstand how the Ethereum's value works. Just because it's used for d-apps, it doesn't mean new money are constantly flowing in it.
For example a 100 gamers are buying Ethereum to use in a game and the Ethereum they're buying from the market are given to the developers. Those developers can choose to dump Ethereum just as much as any other holder.
Unless more users/players join the network and buy Ethereum, a simple spark can unleash a big selloff.

Coinbase Card Adds XRP and Launches in 10 More European Countries

Coinbase’s Visa debit card has expanded support for five more cryptocurrencies in ten new jurisdictions, the firm announced in two separate tweets on Nov. 14. Launched in April 2019, Coinbase Card now supports a total of nine cryptocurrencies in 29 countries in Europe.

https://cointelegraph.com/news/coinbase-card-adds-xrp-and-launches-in-10-more-european-countries

I have to admit that even if I don't like that centralization and banks involvement in RIPPLE I started to use it for transactions whenever this possible because it is so far the cheapest and fastest altcoin for this purpose. At the begin of 2018, I was using Litecoin for my transactions and later BCH for a while but in the last months, I use only XRP because it is listed on every exchange.

Now we can assume that I am not the only one who chooses XRP and I wonder why the price is not spiking together with the volumes. We should see both of them growing taking into consideration how many people use already XRP.

Still, there is a lack of adoption like merchants for Ripple, cards, ATMs and all the rest which makes from other altcoins real payment solutions.
I don't know if this is even planned for Ripple but I think it would bring XRP closer to normal people and not only traders who use it to transfer money between exchanges in a cheap way.

You should inform yourself before posting. It HAS its usage, of course, what it lacks is demand.
But as ODL gains traction, demand will grow too. Price can be affected either by pure speculation (like most
other cryptos, btw) or by usage...and for usage to increase price, current demand should probably go up
100X or more.

However, it happens on a daily basis, as you can see here

https://thexrpdaily.com/2019/10/22/xrp-on-demand-liquidity-is-booming-at-this-rate-we-should-see-further-dramatic-increases/

so at this rate, we're maybe few months away, only

Keep in mind that Q4 is far from over:

Why has it lagged behind? It has very little demand or usage unlike ethereum