[XRP] Ripple Speculation - page 346.

Fivestar4everMVP

legendary

Activity: 2422

Merit: 1083

Leading Crypto Sports Betting & Casino Platform

Quote from: Pzest1 on August 12, 2017, 06:12:40 PM

In other news....Bitcoin keeps making new ATH's daily while XRP continues its 3 monthly downward spiral. But Bitcoin is crap and XRP is so good lol.

LIN_CHAO is at least smart. Sell then buy more cheaper, if guys had done that on here many a time they would have a massive stock pile to brag about instead of bragging about holding while the price keeps going down...

I tried doing this once n got burnt, sold in expectations to buy cheaper, I later ended up buying higher price than I sold 😂 😂

Pzest1

member

Activity: 89

Merit: 10

In other news....Bitcoin keeps making new ATH's daily while XRP continues its 3 monthly downward spiral. But Bitcoin is crap and XRP is so good lol.

LIN_CHAO is at least smart. Sell then buy more cheaper, if guys had done that on here many a time they would have a massive stock pile to brag about instead of bragging about holding while the price keeps going down...

LIN_CHAO

member

Activity: 75

Merit: 10

I sold my Ripples in the hope of buying cheaper ones, we'll see how far whales are going to dump. Cool

vsyc

sr. member

Activity: 1037

Merit: 253

Quote from: Bramen on August 12, 2017, 12:56:37 PM

Quote from: vsyc on August 12, 2017, 12:43:27 PM

Quote from: Lungs on August 12, 2017, 03:24:03 AM

Quote from: vsyc on August 12, 2017, 01:54:01 AM

Quote from: Bramen on August 11, 2017, 04:48:08 PM

Quote from: Hodor7777 on August 11, 2017, 04:36:34 PM

Quote from: Bramen on August 11, 2017, 04:30:55 PM

What is not bought up (or given away) is put in escrow until the 55 months are over, after which they are released (sold or given away) to the wild.

Actually, not quite: My understanding is that whatever is unused goes back in for another circular 55 months. Somebody from Ripple can correct me if I'm wrong...

Isn't that what I said?

No you did not, read what you wrote for lulz.

I understood it as 1 billion released every month for 55 months, whatever is unused goes to the back of the queue and forms the 56th, 57th, 58th month etc.

So e.g. if 1 billion is released but they only use 500,000, that 500,000 goes to the back of the queue and in the 56th month 500,000 will be rereleased... and on it goes (I think)

It does not go to 56, 57, it (1B if unused) just gets locked and when 55 months pass, Ripple will decide what to do next based on that time reality.

Some lulz like Bramen just starting same song about "Ripple dumping xrp", but now adding "after 55 months".

Ripple is dumping on average 300m XRP to the market by their own admission.

For sake of Lulz draw a diagram on how it happenz. Oh, wait, I forgot that XRP that you bought and hodl are from thin air and xrp that ripple sells are different.

Its like blame block developer on dumping appartments.

Bramen

member

Activity: 84

Merit: 10

Quote from: vsyc on August 12, 2017, 12:43:27 PM

Quote from: Lungs on August 12, 2017, 03:24:03 AM

Quote from: vsyc on August 12, 2017, 01:54:01 AM

Quote from: Bramen on August 11, 2017, 04:48:08 PM

Quote from: Hodor7777 on August 11, 2017, 04:36:34 PM

Quote from: Bramen on August 11, 2017, 04:30:55 PM

What is not bought up (or given away) is put in escrow until the 55 months are over, after which they are released (sold or given away) to the wild.

Actually, not quite: My understanding is that whatever is unused goes back in for another circular 55 months. Somebody from Ripple can correct me if I'm wrong...

Isn't that what I said?

No you did not, read what you wrote for lulz.

I understood it as 1 billion released every month for 55 months, whatever is unused goes to the back of the queue and forms the 56th, 57th, 58th month etc.

So e.g. if 1 billion is released but they only use 500,000, that 500,000 goes to the back of the queue and in the 56th month 500,000 will be rereleased... and on it goes (I think)

It does not go to 56, 57, it (1B if unused) just gets locked and when 55 months pass, Ripple will decide what to do next based on that time reality.

Some lulz like Bramen just starting same song about "Ripple dumping xrp", but now adding "after 55 months".

Ripple is dumping on average 300m XRP to the market by their own admission.

vsyc

sr. member

Activity: 1037

Merit: 253

Quote from: Lungs on August 12, 2017, 03:24:03 AM

Quote from: vsyc on August 12, 2017, 01:54:01 AM

Quote from: Bramen on August 11, 2017, 04:48:08 PM

Quote from: Hodor7777 on August 11, 2017, 04:36:34 PM

Quote from: Bramen on August 11, 2017, 04:30:55 PM

What is not bought up (or given away) is put in escrow until the 55 months are over, after which they are released (sold or given away) to the wild.

Actually, not quite: My understanding is that whatever is unused goes back in for another circular 55 months. Somebody from Ripple can correct me if I'm wrong...

Isn't that what I said?

No you did not, read what you wrote for lulz.

I understood it as 1 billion released every month for 55 months, whatever is unused goes to the back of the queue and forms the 56th, 57th, 58th month etc.

So e.g. if 1 billion is released but they only use 500,000, that 500,000 goes to the back of the queue and in the 56th month 500,000 will be rereleased... and on it goes (I think)

It does not go to 56, 57, it (1B if unused) just gets locked and when 55 months pass, Ripple will decide what to do next based on that time reality.

Some lulz like Bramen just starting same song about "Ripple dumping xrp", but now adding "after 55 months".

leopard2

legendary

Activity: 1372

Merit: 1014

Quote from: ?? on ??

XRP will be the hottest coin this year. Many investors participate in this game.
However, I still need to wait for more updates before I can make an investment decision.

a hot potato...nobody wants one Grin

vsyc

sr. member

Activity: 1037

Merit: 253

Quote from: Lontonbit on August 12, 2017, 11:46:26 AM

This coin has ruined more lives than any other coin by far! The whole rise this year was just a pump and dump that sucked in a huge amount of investors. From 24k satoshi to 4k is joke for a top ten coin. No other top ten coin crashes like that.

Better do not play this game at all, it looks like you heavilly loosing it due to ignorence.

vsyc

sr. member

Activity: 1037

Merit: 253

Quote from: Bramen on August 12, 2017, 05:41:52 AM

Quote from: Lungs on August 12, 2017, 04:40:02 AM

Quote from: Getmon on August 12, 2017, 04:08:56 AM

I have always been trusting Ripple. I know the value of XRP will soar in the future. I am all support to the team as well as the efforts that they have been doing for their project. What I don't understand is why their coin seems to be not responsive to all their efforts and hardwork. The value is almost stagnant. In fact it is decreasing right now.

I think the real point is that the coin IS being responsive to their efforts and hardwork and that's why it hasn't moved. If you look at the Ripple price the past few weeks its stayed around 15c (Eur) and any time it gets to 16/17c it's back down at 15c again a few hours later. Imo the only way a coin can remain this stagnant while almost every other coin is making gains is because someone wants to keep it low on purpose, at least for the time being. Whether it's whales with huge bags or Ripple themselves idk.

This is my concern, and the way the distribution model is set up it gives Ripple the ability to manipulate the market exactly like that by essentially printing money.

Another example of writing it for lulz. Now it goes into same category. "Ripple prints money" Lulz.

MemberBerries

sr. member

Activity: 1099

Merit: 267

Quote from: Lontonbit on August 12, 2017, 11:46:26 AM

This coin has ruined more lives than any other coin by far! The whole rise this year was just a pump and dump that sucked in a huge amount of investors. From 24k satoshi to 4k is joke for a top ten coin. No other top ten coin crashes like that.

Lol then you havent seen chaincoin lmao

vsyc

sr. member

Activity: 1037

Merit: 253

Quote from: Bramen on August 12, 2017, 05:38:58 AM

Quote from: Pzest1 on August 12, 2017, 12:52:43 AM

Perfect example of a hype man not knowing what they are talking about. You are referring to the Ripple protocol with all your hype and reasoning that the coin should be worth a lot. the protocol IS NOT THE COIN! two different things and it doesnt automatically make the coin worth a lot of money.

This is what I haven't been able to figure out: how does the Ripple protocol differ from XRP when it comes to transaction speed? You're saying XRP is not inherently faster than BTC, thus doesn't have a competitive advantage (at least there)?

I am not surprised that someone who does it for lulz can not figure out something that is on the front page.

Lontonbit

full member

Activity: 420

Merit: 108

This coin has ruined more lives than any other coin by far! The whole rise this year was just a pump and dump that sucked in a huge amount of investors. From 24k satoshi to 4k is joke for a top ten coin. No other top ten coin crashes like that.

RayX12

hero member

Activity: 952

Merit: 552

Buying more XRP!
The divergence between fundamentals and price is astronomical.

nsasuiteb

full member

Activity: 406

Merit: 100

BAILOUT

Quote from: peter12281 on August 12, 2017, 06:04:04 AM

There is a fixed supply no more coins can be created according to the protocol's rules, now you can dislike distribution (no mining).
I checked the curent Ledger Close Time it is 3.29 seconds right now.

Everyone complains about the coin supply but it is controlled and fixed by the team, they can't release tokens just because they want to do.

peter12281

newbie

Activity: 15

Merit: 0

There is a fixed supply no more coins can be created according to the protocol's rules, now you can dislike distribution (no mining).
I checked the curent Ledger Close Time it is 3.29 seconds right now.

Bramen

member

Activity: 84

Merit: 10

Quote from: Lungs on August 12, 2017, 04:40:02 AM

Quote from: Getmon on August 12, 2017, 04:08:56 AM

I have always been trusting Ripple. I know the value of XRP will soar in the future. I am all support to the team as well as the efforts that they have been doing for their project. What I don't understand is why their coin seems to be not responsive to all their efforts and hardwork. The value is almost stagnant. In fact it is decreasing right now.

I think the real point is that the coin IS being responsive to their efforts and hardwork and that's why it hasn't moved. If you look at the Ripple price the past few weeks its stayed around 15c (Eur) and any time it gets to 16/17c it's back down at 15c again a few hours later. Imo the only way a coin can remain this stagnant while almost every other coin is making gains is because someone wants to keep it low on purpose, at least for the time being. Whether it's whales with huge bags or Ripple themselves idk.

This is my concern, and the way the distribution model is set up it gives Ripple the ability to manipulate the market exactly like that by essentially printing money.

Bramen

member

Activity: 84

Merit: 10

Quote from: Pzest1 on August 12, 2017, 12:52:43 AM

Perfect example of a hype man not knowing what they are talking about. You are referring to the Ripple protocol with all your hype and reasoning that the coin should be worth a lot. the protocol IS NOT THE COIN! two different things and it doesnt automatically make the coin worth a lot of money.

This is what I haven't been able to figure out: how does the Ripple protocol differ from XRP when it comes to transaction speed? You're saying XRP is not inherently faster than BTC, thus doesn't have a competitive advantage (at least there)?

Bramen

member

Activity: 84

Merit: 10

Quote from: vanhalendlrband on August 11, 2017, 09:40:29 PM

Quote from: Bramen on August 11, 2017, 08:40:48 PM

Quote from: RayX12 on August 11, 2017, 06:22:16 PM

Quote from: Fantum on August 11, 2017, 06:10:46 PM

Yes, Ripple themselves say exactly that in the linked article: "Ripple has sold on average 300M XRP per month for the past 18 months."

What is not bought up (or given away) is put in escrow until the 55 months are over, after which they are released (sold or given away) to the wild.

Where can I go to get given some ripple?

Look at the chart, down trend for months, who would be crazy enough to hold still. Seems to me best to sell while you can, it's going to 2000 sats, or lower, probably ripple labs wants it cheap so the transaction fees are low to impress the banks, and someone is making money while their at it. There is no reason to think it will suddenly go up to the magical dollar as so many people say.

Pure and utter rubbish!
At these prices XRP is a buy!

Could you care to elaborate the reasons you think XRP will appreciate in value over the short to medium term. It would be a nice change of pace with the majority of the XRP bulls here who just post drivel and ad hominems.

You're the only drivel around here. We all knew that whatever was unsold would get released back this wasn't news to anyone thanks thought you were trying to say they were adding to the max supply which they aren't.

The XRP supply shouldn't even matter. Its already faster than all the other coins. That's what bitcoins issue was being too slow. I already see the value of XRP as being much better than most coins out there. Should be worth more based on what it is not compared to the marketcap of a bunch of crap coins that are just copycats

Don't try to put words in my mouth; I never said or implied Ripple is increasing max supply. Nevertheless, the fact that 55bn of XRP is not in circulation, releasing up to 1bn a month is inflationary.

Completely agree on the faster transaction speed being a killer USP for the coin, and adoption of legitimate FIs. I'm just saying don't expect much appreciation for years, and am concerned about market manipulation, selling to FIs at a discount, and cronyism.

Immakillya

sr. member

Activity: 560

Merit: 269

The price is moving backwards. I think it will take a lot of time to recover. Actually i loss huge amount for this token. I think time to jump to other potential altcoins in the market. I think the devs should be threatened of what is happening to this project. The price is declining. They must do something. Or else It's just another pump and dump coin in the market.

Lungs

newbie

Activity: 13

Merit: 0

Quote from: Getmon on August 12, 2017, 04:08:56 AM

I have always been trusting Ripple. I know the value of XRP will soar in the future. I am all support to the team as well as the efforts that they have been doing for their project. What I don't understand is why their coin seems to be not responsive to all their efforts and hardwork. The value is almost stagnant. In fact it is decreasing right now.

I think the real point is that the coin IS being responsive to their efforts and hardwork and that's why it hasn't moved. If you look at the Ripple price the past few weeks its stayed around 15c (Eur) and any time it gets to 16/17c it's back down at 15c again a few hours later. Imo the only way a coin can remain this stagnant while almost every other coin is making gains is because someone wants to keep it low on purpose, at least for the time being. Whether it's whales with huge bags or Ripple themselves idk.

Topic: [XRP] Ripple Speculation - page 346. (Read 637342 times)