[XRP] Ripple Speculation - page 325.

vsyc

sr. member

Activity: 1037

Merit: 253

Quote from: ebttch on August 31, 2017, 03:33:40 AM

Quote from: stupid_seb on August 30, 2017, 07:22:02 PM

Quote from: ebttch on August 30, 2017, 08:44:20 AM

Banks were dropping out! No more Bank of America Merrill Lynch, Nab, Cross River Bank, SHRB, Star One Credit Union etc in Ripple website.

Look at this image

- it's a screenshot of the same page on Ripple website (now removed) in June, July and August 2017.

Some replies:
- You can still see the archive of the page on Bing not for long I guess:
http://cc.bingj.com/cache.aspx?q=https%3a%2f%2fripple.com%2fsolutions%2f&d=4935632070379674&mkt=fr-FR&setlang=fr-FR&w=JQUy2AH2yYfEd1Qh_buM_IkNA7YSHkPq

- I think OP is right, they have deleted Youtube content also:
https://twitter.com/XRPedia/status/807606270383505409
I had the original video (talking with SHRB) but can't find it now.

I copied all the above from source: https://www.reddit.com/r/Ripple/comments/6wyzag/for_ripple_believers_real_adoption_by_banks/

Don't play with banks... you'll get burnt. Ripple knows that.

Now, on a more serious note: XRP is not here to replace bank legders or internal systems. It is waaay too expensive for that.
XRP has value in interbanking operations: connecting banks together.
That is why they speak with GOVERNMENTS, not banks.
It may become a global protocol for interbank exchanges, at a massive scale (= becomes bigger than BTC in MarketCap, small probability)... or just get f**k*d in the a** by the banking system and the governments (most probable)

Good luck. XRP is a moonshot today. A huge one... but still a moonshot.

Six of the world's biggest banks: Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG and State Street are teaming up with UBS for a digital currency project called "utility settlement coin," it's an idea that's been around since 2015, but it's now moving into a new phase of development. They are in discussions with central banks and regulators. Work on the next phase of the project — the last before a live implementation — will include six members revealed today, Barclays, CIBC, Credit Suisse, HSBC, MUFG and State Street, building alongside founding financial institutions UBS, BNY Mellon, Deutsche Bank, Santander, NEX and blockchain startup Clearmatics.

Source 1: https://www.coindesk.com/hsbc-barclays-join-utility-settlement-coin-as-bank-blockchain-test-enters-final-phase/

Source 2: https://finance.yahoo.com/news/six-big-banks-join-blockchain-081514305.html

Source 3: http://www.nasdaq.com/article/six-big-banks-join-blockchain-digital-cash-settlement-project-20170831-00157

Existing Ripple clients: UBS, MUFG and CIBC might be dropping out (from Ripple) anytime after the announcement.

Would you mind to explain why? I hope its not just because you saw three things in article like: Banks, coin and settlement?

Rapidgator

sr. member

Activity: 509

Merit: 250

Quote from: MemberBerries on August 31, 2017, 06:33:53 AM

See answer above. Don't repeat things posted 100 times

Don't be rude please
you can tell him bit politely Wink

MemberBerries

sr. member

Activity: 1099

Merit: 267

See answer above. Don't repeat things posted 100 times

Daagle23

member

Activity: 82

Merit: 10

Guys you think they need for that XRP?

Because I have read some weeks ago that Banks would create his own coin in 2018 like Credit Suisse.

MemberBerries

sr. member

Activity: 1099

Merit: 267

Quote from: ebttch on August 31, 2017, 03:33:40 AM

Quote from: stupid_seb on August 30, 2017, 07:22:02 PM

Quote from: ebttch on August 30, 2017, 08:44:20 AM

Banks were dropping out! No more Bank of America Merrill Lynch, Nab, Cross River Bank, SHRB, Star One Credit Union etc in Ripple website.

Look at this image

- it's a screenshot of the same page on Ripple website (now removed) in June, July and August 2017.

Some replies:
- You can still see the archive of the page on Bing not for long I guess:
http://cc.bingj.com/cache.aspx?q=https%3a%2f%2fripple.com%2fsolutions%2f&d=4935632070379674&mkt=fr-FR&setlang=fr-FR&w=JQUy2AH2yYfEd1Qh_buM_IkNA7YSHkPq

- I think OP is right, they have deleted Youtube content also:
https://twitter.com/XRPedia/status/807606270383505409
I had the original video (talking with SHRB) but can't find it now.

I copied all the above from source: https://www.reddit.com/r/Ripple/comments/6wyzag/for_ripple_believers_real_adoption_by_banks/

Don't play with banks... you'll get burnt. Ripple knows that.

Now, on a more serious note: XRP is not here to replace bank legders or internal systems. It is waaay too expensive for that.
XRP has value in interbanking operations: connecting banks together.
That is why they speak with GOVERNMENTS, not banks.
It may become a global protocol for interbank exchanges, at a massive scale (= becomes bigger than BTC in MarketCap, small probability)... or just get f**k*d in the a** by the banking system and the governments (most probable)

Good luck. XRP is a moonshot today. A huge one... but still a moonshot.

Six of the world's biggest banks: Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG and State Street are teaming up with UBS for a digital currency project called "utility settlement coin," it's an idea that's been around since 2015, but it's now moving into a new phase of development. They are in discussions with central banks and regulators. Work on the next phase of the project — the last before a live implementation — will include six members revealed today, Barclays, CIBC, Credit Suisse, HSBC, MUFG and State Street, building alongside founding financial institutions UBS, BNY Mellon, Deutsche Bank, Santander, NEX and blockchain startup Clearmatics.

Source 1: https://www.coindesk.com/hsbc-barclays-join-utility-settlement-coin-as-bank-blockchain-test-enters-final-phase/

Source 2: https://finance.yahoo.com/news/six-big-banks-join-blockchain-081514305.html

Source 3: http://www.nasdaq.com/article/six-big-banks-join-blockchain-digital-cash-settlement-project-20170831-00157

Existing Ripple clients: UBS, MUFG and CIBC might be dropping out (from Ripple) anytime after the announcement.

Awesome. That means XRP will bridge every houseown coin of every bank. Thats very good news.

Now it makes sense why japan will use XRP at the start of 2018 for domestic payments(because no bank trusts the other banks) This is huge.

ebttch

newbie

Activity: 48

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Quote from: stupid_seb on August 30, 2017, 07:22:02 PM

Quote from: ebttch on August 30, 2017, 08:44:20 AM

Banks were dropping out! No more Bank of America Merrill Lynch, Nab, Cross River Bank, SHRB, Star One Credit Union etc in Ripple website.

Look at this image
https://i.redd.it/uyvdfz2biviz.png
- it's a screenshot of the same page on Ripple website (now removed) in June, July and August 2017.

Some replies:
- You can still see the archive of the page on Bing not for long I guess:
http://cc.bingj.com/cache.aspx?q=https%3a%2f%2fripple.com%2fsolutions%2f&d=4935632070379674&mkt=fr-FR&setlang=fr-FR&w=JQUy2AH2yYfEd1Qh_buM_IkNA7YSHkPq

- I think OP is right, they have deleted Youtube content also:
https://twitter.com/XRPedia/status/807606270383505409
I had the original video (talking with SHRB) but can't find it now.

I copied all the above from source: https://www.reddit.com/r/Ripple/comments/6wyzag/for_ripple_believers_real_adoption_by_banks/

Don't play with banks... you'll get burnt. Ripple knows that.

Now, on a more serious note: XRP is not here to replace bank legders or internal systems. It is waaay too expensive for that.
XRP has value in interbanking operations: connecting banks together.
That is why they speak with GOVERNMENTS, not banks.
It may become a global protocol for interbank exchanges, at a massive scale (= becomes bigger than BTC in MarketCap, small probability)... or just get f**k*d in the a** by the banking system and the governments (most probable)

Good luck. XRP is a moonshot today. A huge one... but still a moonshot.

Six of the world's biggest banks: Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG and State Street are teaming up with UBS for a digital currency project called "utility settlement coin," it's an idea that's been around since 2015, but it's now moving into a new phase of development. They are in discussions with central banks and regulators. Work on the next phase of the project — the last before a live implementation — will include six members revealed today, Barclays, CIBC, Credit Suisse, HSBC, MUFG and State Street, building alongside founding financial institutions UBS, BNY Mellon, Deutsche Bank, Santander, NEX and blockchain startup Clearmatics.

Source 1: https://www.coindesk.com/hsbc-barclays-join-utility-settlement-coin-as-bank-blockchain-test-enters-final-phase/

Source 2: https://finance.yahoo.com/news/six-big-banks-join-blockchain-081514305.html

Source 3: http://www.nasdaq.com/article/six-big-banks-join-blockchain-digital-cash-settlement-project-20170831-00157

Existing Ripple clients: UBS, MUFG and CIBC might be dropping out (from Ripple) anytime after the announcement.

stupid_seb

full member

Activity: 336

Merit: 101

Quote from: ebttch on August 30, 2017, 08:44:20 AM

Banks were dropping out! No more Bank of America Merrill Lynch, Nab, Cross River Bank, SHRB, Star One Credit Union etc in Ripple website.

Look at this image

- it's a screenshot of the same page on Ripple website (now removed) in June, July and August 2017.

Some replies:
- You can still see the archive of the page on Bing not for long I guess:
http://cc.bingj.com/cache.aspx?q=https%3a%2f%2fripple.com%2fsolutions%2f&d=4935632070379674&mkt=fr-FR&setlang=fr-FR&w=JQUy2AH2yYfEd1Qh_buM_IkNA7YSHkPq

- I think OP is right, they have deleted Youtube content also:
https://twitter.com/XRPedia/status/807606270383505409
I had the original video (talking with SHRB) but can't find it now.

I copied all the above from source: https://www.reddit.com/r/Ripple/comments/6wyzag/for_ripple_believers_real_adoption_by_banks/

Don't play with banks... you'll get burnt. Ripple knows that.

Now, on a more serious note: XRP is not here to replace bank legders or internal systems. It is waaay too expensive for that.
XRP has value in interbanking operations: connecting banks together.
That is why they speak with GOVERNMENTS, not banks.
It may become a global protocol for interbank exchanges, at a massive scale (= becomes bigger than BTC in MarketCap, small probability)... or just get f**k*d in the a** by the banking system and the governments (most probable)

Good luck. XRP is a moonshot today. A huge one... but still a moonshot.

prehisto

full member

Activity: 882

Merit: 112

Your Data Belongs To You

Quote from: styca on August 30, 2017, 01:03:26 PM

I still haven't seen a decent argument against XRP. It's just the same stuff going round and round. The latest one to circle back is 'too many coins'. This doesn't make any sense. Yes, there are a lot of coins, that's why the price per coin is so low. Number of coins is utterly irrelevant, it's cap that matters.

Number of coins seems very rational argument of calculating the price of coin.
In the same time cap seems completely irrelevant since it is number of coins times the current value, not the money (FIAT) which is invested in coin.

In my opinion the potential of this coin is clear because of the past price and potential uses in future.

Sold mine a week ago, now thinking when its best to go back in.

greyworld

full member

Activity: 168

Merit: 100

Quote from: MemberBerries on August 30, 2017, 03:40:25 PM

Quote from: greyworld on August 30, 2017, 03:37:05 PM

XRP is about to pump.

I'm basing this on a sell wall currently keeping the price from raising that is gradually being chipped down. My estimates say in about half an hour or so, it will be gone and XRP will skyrocket for a moment before correcting. My sell target is about 6000 sat, 20% up from current.

Time estimate based on size of wall (31 BTC), daily volume (2000ish BTC), what portion of daily volume the wall represents (1.6%) and how much of one day (1440 minutes) 1.5% represents (25 minutes).

Consider this. Your target is very modest

https://www.tradingview.com/chart/XRPUSD/VaekW3Pb-Buying-a-crypto-currency-XRP-from-its-50-cost/

I have a mixed strategy for trading, 90% short term gain, 10% long term hodl. I sell most of what I bought for modest gains, to cover the expense of the remainder I didn't sell, which I hold onto forever.

I agree, Ripple looks strong and like it's going to go up substantially in the near/medium/long term.

After the very near pump -> correction -> dip I might buy back the 90% and do it again, get another free 10% of coins and just let them stack up.

Sell wall is being chipped away at roughly the pace anticipated, maybe a little faster. Last chance to get in for short term quick profits. Maybe 10 - 15 minutes until it's gone unless a whale gets on board.

EDIT: Hmmm... it's holding up longer than expected, upward pressure has eased off a bit. Well eventually it'll go and when it does price is going to bump up substantially.

MemberBerries

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Activity: 1099

Merit: 267

Quote from: greyworld on August 30, 2017, 03:37:05 PM

XRP is about to pump.

I'm basing this on a sell wall currently keeping the price from raising that is gradually being chipped down. My estimates say in about half an hour or so, it will be gone and XRP will skyrocket for a moment before correcting. My sell target is about 6000 sat, 20% up from current.

Time estimate based on size of wall (31 BTC), daily volume (2000ish BTC), what portion of daily volume the wall represents (1.6%) and how much of one day (1440 minutes) 1.5% represents (25 minutes).

Consider this. Your target is very modest

https://www.tradingview.com/chart/XRPUSD/VaekW3Pb-Buying-a-crypto-currency-XRP-from-its-50-cost/

greyworld

full member

Activity: 168

Merit: 100

XRP is about to pump.

I'm basing this on a sell wall currently keeping the price from raising that is gradually being chipped down. My estimates say in about half an hour or so, it will be gone and XRP will skyrocket for a moment before correcting. My sell target is about 6000 sat, 20% up from current.

Time estimate based on size of wall (31 BTC), daily volume (2000ish BTC), what portion of daily volume the wall represents (1.6%) and how much of one day (1440 minutes) 1.5% represents (25 minutes).

styca

sr. member

Activity: 1078

Merit: 354

I still haven't seen a decent argument against XRP. It's just the same stuff going round and round. The latest one to circle back is 'too many coins'. This doesn't make any sense. Yes, there are a lot of coins, that's why the price per coin is so low. Number of coins is utterly irrelevant, it's cap that matters.

ShadowBits

hero member

Activity: 994

Merit: 504

Projected price for XRP next year is 4 - 5$.
We will never know in the next years to come.
Who would have thought that Bitcoin started with cents 8 years ago and a staggering 4000$+ this time.

bmiller315

newbie

Activity: 31

Merit: 0

Nay-sayers will say what they're going to say, but I feel pretty good about my position in XRP right now. Sold at $0.27, bought back in at $0.21, now just gonna sit back and wait for 2 years, sell, and put a down payment on a house Grin

Hodor7777

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Activity: 618

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It’s easy to confuse what is with what ought to be

https://xrphodor.wordpress.com/2017/08/30/xrp-community-updates-for-the-crypto-investor/

This is my new blog entry for today: I provide a retrospective on recent XRP events and additions to the XRP ecosystem, as well as providing crypto investors some tips on where they can look for more information about XRP. Hope you enjoy the read!

https://twitter.com/Hodor7777

SNAPCALLHERO

member

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I hear someone on discuss trading say some bank lost interest with ripple tech. is it right? I invest some money in ripple and feeling not good with ripple price

RayX12

hero member

Activity: 952

Merit: 552

Is the giant waking up again? When BTC burps XRP will shoot up. Someone is eyeing that sell wall in Poloniex again.. soon!

vanhalendlrband

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Activity: 322

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Quote from: MemberBerries on August 30, 2017, 10:22:51 AM

The maggots and worms coming out of their holes... something pretty big will happen sooon Wink

I was gonna say its pretty strange got a bunch of people repeating troll lines from 100 pages ago

vanhalendlrband

sr. member

Activity: 322

Merit: 252

Quote from: ebttch on August 30, 2017, 08:44:20 AM

Banks were dropping out! No more Bank of America Merrill Lynch, Nab, Cross River Bank, SHRB, Star One Credit Union etc in Ripple website.

Look at this image

- it's a screenshot of the same page on Ripple website (now removed) in June, July and August 2017.

Some replies:
- You can still see the archive of the page on Bing not for long I guess:
http://cc.bingj.com/cache.aspx?q=https%3a%2f%2fripple.com%2fsolutions%2f&d=4935632070379674&mkt=fr-FR&setlang=fr-FR&w=JQUy2AH2yYfEd1Qh_buM_IkNA7YSHkPq

- I think OP is right, they have deleted Youtube content also:
https://twitter.com/XRPedia/status/807606270383505409
I had the original video (talking with SHRB) but can't find it now.

I copied all the above from source: https://www.reddit.com/r/Ripple/comments/6wyzag/for_ripple_believers_real_adoption_by_banks/

All those banks are small time. The big Canadian ones that are way bigger than those are still there

MemberBerries

sr. member

Activity: 1099

Merit: 267

The maggots and worms coming out of their holes... something pretty big will happen sooon Wink

Topic: [XRP] Ripple Speculation - page 325. (Read 637675 times)