Topic: [XRP] Ripple Speculation - page 320. (Read 637675 times)

Stolen from xrpchat


I actually like this development.  Cryptocurrency has long suffered a stigma of borne of its origins.  These lawsuits, no matter how they play out, legitimise XRP specifically as an asset of significant value worth fighting over.  And not just that, but of great value specifically to a banking consortium.  As for the effect on the upcoming conference, I can't see this being negative, just a talking point that ultimately works in Ripple's favour.  It's obvious to any casual observer that this is a shameless cash-grab from R3 in its death-throes.  It only makes Ripple and XRP look good, highlighting the massive rise in price from the time of the contract until now, and the legitimacy of XRP as a valuable, tangible and litigable asset.

Unfortunately it's likely the price may suffer a little in the short term, but long-term I think this may be a great piece of bad news.

Also interesting and telling - if not also amusing - to note that R3 is willing to stake almost half of it's entire capital on just buying XRP.  So let me get this straight, they raised $100 million to figure out how to revolutionise banking, and after a couple of years of doing very little, they now have to explain to their investors that the way forward is to get almost half of that investment and just buy a whole load of XRP?  So according to the R3 consortium, revolutionising banking = buying XRP?  Nice.

Oh, but they just want to sell it straight away you argue?  Well, they're limited to 50bps/day of total XRP Ledger volume.  Total XRP Ledger volume was 32m XRP today, and seems to have been around that figure for at least the past couple of months from the random dates I checked.  0.5% of that is 160,000XRP/day.  That's 58mXRP/year, or $11m worth in a year at the current prices.  In other words, if R3 wins and then immediately starts selling at the maximum amount they can, it will take them 4 years before they can even recoup their investment.  This likely means R3 believes the price of XRP will be significantly higher, and soon, or pursuing this lawsuit would make absolutely no sense.

To put it in perspective another way - at the current daily volumes, selling 5 billion XRP at 50bps/day would take more than 85 years.  That's a long way to the bank

And we have a "winner" LOL.
Didn't take that long!!

Good luck... I am leaving this thread.


"XRP TO THE MOOOOON" hahahah

It is not good news. It is the only way out for them imho.
Their initial market is being challenged.

Lawsuit is not Goid: R3 wants the option to buy cheap now. R3 asked the Delaware Chancery Court to uphold the deal, which would have allowed it to buy the XRP at a price of $0.0085 per token before September 2019.
They wat to use this option asap bc the price of XRP may not stay above $0.20 long.

I could not find any prove in the links above about delusional prove that you trying to bring here. It will stay delusional until you find power to prove otherwise. You obviously do not understand how banking business work  and what are you talking about if you think that banks can replace Ripple infrastructure that was build and tested for years in due time.


Absolute nonsense, especially about technology. Also learn about Ripple and Japan.


The only fact I see is that you nick definitely contains word "stupid" and so far it explains a lot.

I believe that Ripple - the company - is firmly aligned with the interests of XRP investors given the facts:

• The headlines from yesterday
• XRP Escrow lockup
• Ripple business model
• Former employees purchasing XRP

I talk about this in detail in my latest blog entry here:  https://xrphodor.wordpress.com/2017/09/09/ripple-is-aligned-with-xrp-investors/

Hope you enjoy
- Hodor!

Twitter: https://twitter.com/Hodor7777/status/906526258514857984

how exactly does this information means good news for xrp holders? it is because even with own tools banks will need xrp to bridge with entities outside of their network?

Stay away no problem lol....
But for what do they demand that much zerps?
Something is going on we dont know why r3kt is soo pissed at ripple.... seems like they stated with this that they are very far away from success

As an investor, I would normally be steering clear of a company with billions in pending lawsuits. One thing for sure though, this R3/Ripple saga is going to make the lawyers very very rich!!!!!

Only fact i see is

R3 is mega Salty that they havent bought  $XRP.
They wanted 5 bln xrp...so for something those little zerps must be really good!

Check statements from miguel about the useless r3 "blockchain inspired" dickheads!

I wonder how many xrp SBI and OTHERS have bought when r3 wanted 5 BILLION XRP

Rule#1 here on Bitcointalk: be prudent on threads about a coin that underperformed BTC. It means that investors who did not leave the boat early enough  are sore, and therefore have "discutable" views on the potential of this coin (hopes).



On a more "educated" point of view:

Truth is, the banks are leaving the XRP boat to create their own solutions... together.
And when these fuckers sign a truce agreement and start working together, it is NEVER EVER a good sign for the collateral economies...
Obviously, I do understand the banksters: why paying something worth BILLIONS, when you can create your own solution for MILLIONS.

Links to prove this point:
http://www.reuters.com/article/us-jpmorgan-r3/jpmorgan-chase-co-leaves-blockchain-consortium-r3-idUSKBN17T2T4
https://www.coindesk.com/bank-america-filed-20-blockchain-patents-already/

3hours ago:
https://www.reuters.com/article/us-r3-ripple-lawsuit/u-s-blockchain-startups-r3-and-ripple-in-legal-battle-idUSKCN1BJ27I
-> Strong fight coming:
Note:This one is probably is a good sign for XRP...


Fight is real, and tough.
That is why XRP is trying to pivot into a new paradigm by working with GOVERNMENTS, not banks, in order to create an innovative inter-banking solution.
This is where the value is for XRP.
I have little doubt that they will acheive it technologically. But central banking, and banking in general is a small world and being a SF based startup threatening the incumbents is not a fantastic solution. That explains why XRP speaks with countries like Thailand for instance, but these sub-par options drastically limit their mid-term potential.


I am trying to bring facts and I may see future comments like: << Pfffff...your name is stupid_seb so everything you say is stupid!!. Go away idiot!! >>
That would prove I aim in the right direction.

Happy to talk guys.

I could not find any transaction explorer for ripple, where you see every transaction that ever happened. Is this not existing for Ripple? I found some other tools but not something like that. If there is no such thing does somebody known why ripple has chosen this most likely not very appriciated way. Thank you very much.

You can reduce your losses by filling your bag at a low price.
For example:

Bought 100 coins at 1000
Price went down to 400
Bought another 1000 coins at 500

... and your break-even point is 750.


It's not an easy decision. First you have to go in with more money, second: who can be sure, that there is no other, deeper dip coming in?

But the mooning of XRP is a question of time for me. That the expectations for this coin are high can you see, how nervous the market reacts, when there are announcements of XRP on the way. Only one big news and XRP will take off to mars.

So far xrp has been my biggest loss, waiting patiently to recover so I can at least break even or make some profits...

wonder how you can do that ripple price not change so much in short time

Ripple is a long term investment. Day trading XRP would be uneventful for weeks at a time. Not sure how you could do it that way even if you shorted as theyprice just kinda hovers for long stretches and then someone either tries to dump or buy but not quite enough to really destroy or pump the price.

Seems very sideways to me and about to take off very soon it seems like in my opinion only of course

Agreed fully.

Things that have this much care into them don't become 1 sat coins like say i don't know what's Corg at these days? y'know what i mean lol watch it mooned since i last looked but theres clearly a difference between Ripple and the rest even Bitcoin.

Ripple actually does things with XRP that no other coin can do. Thats the value i see, and its just the calm before the moon storm i think. I think people are collecting at low prices for a reason. I don't see people buying millions and millions of a worthless coin every day I see them getting ready for something about to happen and only a few know when that will be.

There will be many regrets in the next year if crypto traders don't get some XRP to add to their portfolio! 

I don't like to hold ripple for long term because the price can decrease hardly in long term depending on the total supply. That's why I use ripple for only trade or 7-10 days hold type of actions.

Hopefully we can get back to 40 cents.

It's not so expensive  to put  some  bucks  on ripple,  the problem is  it  worth?  How  much  can it  grown?  It's  at  billion market cap

I believe in ripple, but  the  nerds  on the   internet boicott it  because  it's  ''from banks'', i  wanna see  them cry  if  ripple  could  reach the  10$  each  one  day.

Take a look at the checklist comparison I recently did between Bitcoin, Ethereum and XRP. I break down the results and reveal a couple surprises you may not have known!

https://xrphodor.wordpress.com/2017/09/08/comparison-of-crypto-choices-xrp-against-bitcoin-and-ethereum/

Hope you enjoy - leave any feedback below. - Hodor

Twitter: https://twitter.com/Hodor7777/status/905955466802552832