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Topic: [XRP] Ripple Speculation - page 347. (Read 637342 times)

sr. member
Activity: 1400
Merit: 273
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.
newbie
Activity: 13
Merit: 0
August 12, 2017, 03:24:03 AM
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)
sr. member
Activity: 1037
Merit: 253
August 12, 2017, 01:54:01 AM
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.
sr. member
Activity: 1099
Merit: 267
August 12, 2017, 01:33:21 AM
^

This guy gets it!
jr. member
Activity: 57
Merit: 2
August 12, 2017, 01:28:57 AM
Ive lost so much money on this shitcoin, it just keeps dropping. 3 months straight no sign of life

"I hold it for 3 months and i'm not a billionaire yet. Your coin is shit!"
as MemberBerries or Mrpumperitis once have mentioned
sr. member
Activity: 854
Merit: 262
August 12, 2017, 01:09:32 AM
Ive lost so much money on this shitcoin, it just keeps dropping. 3 months straight no sign of life
member
Activity: 89
Merit: 10
August 12, 2017, 12:52:43 AM

Fastest transactions, actual big companies that are using it and supporting it. A lot more than most crap coins out there even with their supplies. Can't tell me ETC is worth more than XRP even with the supply

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.

If you opened your eyes you would realise that, you guys constantly hype how good the technology is yet the coins value keeps going down, the only ones are disillusion are you guys. Even a guy saying pure rubbish about buying a coin that keeps going down, lol everyone is laughing at you guys but keep trying to put the smart ones down.

Every coin is making moves up and XRP is making moves down, as usual. You bag out Bitcoin yet if you had your money on that you would be making money right now, not losing it....time to reassess your investments or keep playing with a deadcoin that has been going down for the last 3 MONTHS
sr. member
Activity: 322
Merit: 252
August 11, 2017, 09:41:35 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!

Ok but why would it go up?

Fastest transactions, actual big companies that are using it and supporting it. A lot more than most crap coins out there even with their supplies. Can't tell me ETC is worth more than XRP even with the supply
sr. member
Activity: 322
Merit: 252
August 11, 2017, 09:40:29 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
member
Activity: 84
Merit: 10
August 11, 2017, 08:40:48 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.
sr. member
Activity: 420
Merit: 250
August 11, 2017, 08:02:06 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!

Ok but why would it go up?
hero member
Activity: 952
Merit: 552
August 11, 2017, 06:22:16 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!
sr. member
Activity: 420
Merit: 250
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.
hero member
Activity: 952
Merit: 552
August 11, 2017, 05:55:55 PM
I am buying more XRP at these prices...   sooooooo cheap!
member
Activity: 84
Merit: 10
August 11, 2017, 04:48:08 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?
full member
Activity: 616
Merit: 112
It’s easy to confuse what is with what ought to be
August 11, 2017, 04:36:34 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...
member
Activity: 84
Merit: 10
August 11, 2017, 04:30:55 PM
Couple corrections:  Ripple said they can use UP TO 1 billion per month.

"Up to" is exactly what I said as well. And I believe you mean Ripple are selling or giving away up to 1 billion per month.

Quote
The purpose is not to sell on the open market, so you should revise your inflation assumption - they've said many times that they will use this supply to bootstrap liquidity for banks and FIs, and that any unused portion will go back into escrow for ANOTHER 55 months.  That's how it works, and that's their plan.

Inflation is inflation. If they sell to banks and FIs, the XRP are in circulation.

And what you're saying about the unused portion going back to the queue to be potentially released after the 55th month just means the market manipulation will last for even longer than four and a half years.

I can see why banks and FIs are bullish about XRP, as they will get XRP at a discount (or for free?), while the rest of us will need to buy it at market price.

I'm holding a small amount of XRP and plan to increase my exposure, but the more I research it the more concerned I get.

They won't be released. They could've released them since 2014 and haven't either. 55 months is also quite a long time.

When the coin is deflationary being burned for 55 months the supply will also be quite a bit less than it is now

Could you elaborate what you mean by "they won't be released"? Ripple has already released on average of 300m per month in recent months by their own admission, and has the ability to release up to a billion per month for years.

And yes, 55 months is a very long time for us to endure market manipulation.

Lol. The link doesnt even say that.

Of course whatever is not bought up would be put away untouched like the xrp supply has been what the same for years? And now theyre dealing with the other part of the supply that whatever doesnt get bought will be locked up just like it was for years already but people dont stop talking about it so they now are dealing with it once and for all.

Xrp is going up way up one way or the other. I dont care if the whole supply gets release even

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.
member
Activity: 75
Merit: 10
August 11, 2017, 04:00:03 PM
Another eviction of 8million in the market:
I keep asking myself: Who is lowering Ripple's price? Polar whales, who are risking their XRP to buy at a lower price? Or the Riplle Developers wanting to sabotage the price for banks to buy cheaper or just to have a little more cash in the bank account? Or are all the hypotheses valid?
legendary
Activity: 1414
Merit: 1005
August 11, 2017, 03:44:16 PM
XRP back to 2000sat     we will load our bags  and than again back to 20k in december  Cool
sr. member
Activity: 1037
Merit: 253
August 11, 2017, 12:38:27 PM
Couple corrections:  Ripple said they can use UP TO 1 billion per month.

"Up to" is exactly what I said as well. And I believe you mean Ripple are selling or giving away up to 1 billion per month.

Quote
The purpose is not to sell on the open market, so you should revise your inflation assumption - they've said many times that they will use this supply to bootstrap liquidity for banks and FIs, and that any unused portion will go back into escrow for ANOTHER 55 months.  That's how it works, and that's their plan.

Inflation is inflation. If they sell to banks and FIs, the XRP are in circulation.

And what you're saying about the unused portion going back to the queue to be potentially released after the 55th month just means the market manipulation will last for even longer than four and a half years.

I can see why banks and FIs are bullish about XRP, as they will get XRP at a discount (or for free?), while the rest of us will need to buy it at market price.

I'm holding a small amount of XRP and plan to increase my exposure, but the more I research it the more concerned I get.

They won't be released. They could've released them since 2014 and haven't either. 55 months is also quite a long time.

When the coin is deflationary being burned for 55 months the supply will also be quite a bit less than it is now

Could you elaborate what you mean by "they won't be released"? Ripple has already released on average of 300m per month in recent months by their own admission, and has the ability to release up to a billion per month for years.

And yes, 55 months is a very long time for us to endure market manipulation.

I got it! You doing this for Lulz! No excuse.
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