[XRP] Ripple Speculation - page 348.

Fantum

sr. member

Activity: 420

Merit: 250

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!

Ok but why would it go up?

RayX12

hero member

Activity: 952

Merit: 552

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!

Fantum

sr. member

Activity: 420

Merit: 250

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.

RayX12

hero member

Activity: 952

Merit: 552

I am buying more XRP at these prices... sooooooo cheap!

Bramen

member

Activity: 84

Merit: 10

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?

Hodor7777

full member

Activity: 618

Merit: 112

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

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...

Bramen

member

Activity: 84

Merit: 10

Quote from: vanhalendlrband on August 11, 2017, 11:54:00 AM

Quote from: Bramen on August 11, 2017, 10:41:20 AM

Quote from: vanhalendlrband on August 10, 2017, 10:07:41 PM

Quote from: Bramen on August 10, 2017, 04:07:58 PM

Quote from: Hodor7777 on August 10, 2017, 03:29:16 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.

LIN_CHAO

member

Activity: 75

Merit: 10

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?

hrbt

legendary

Activity: 1414

Merit: 1005

XRP back to 2000sat we will load our bags and than again back to 20k in december Cool

vsyc

sr. member

Activity: 1037

Merit: 253

Quote from: Bramen on August 11, 2017, 10:41:20 AM

Quote from: vanhalendlrband on August 10, 2017, 10:07:41 PM

Quote from: Bramen on August 10, 2017, 04:07:58 PM

Quote from: Hodor7777 on August 10, 2017, 03:29:16 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.

legendbtc

hero member

Activity: 1302

Merit: 508

Leading Crypto Sports Betting & Casino Platform

Quote from: Rune on August 10, 2017, 04:03:50 PM

I really doubt Ripple is going to go up much more then it already has it just is not a big enough game changer to do more then it's current market cap

According to the market, the value of the coin should reach to more than 1$ because right now there are many banks showing interest towards the XRP blockchain technology. But at the same time dev team should more focus on developing the further usage of blockchain for banking systems.

vanhalendlrband

sr. member

Activity: 322

Merit: 252

Quote from: Bramen on August 11, 2017, 10:41:20 AM

Quote from: vanhalendlrband on August 10, 2017, 10:07:41 PM

Quote from: Bramen on August 10, 2017, 04:07:58 PM

Quote from: Hodor7777 on August 10, 2017, 03:29:16 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

Bramen

member

Activity: 84

Merit: 10

Quote from: vanhalendlrband on August 10, 2017, 10:07:41 PM

Quote from: Bramen on August 10, 2017, 04:07:58 PM

Quote from: Hodor7777 on August 10, 2017, 03:29:16 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.

IAMXX

newbie

Activity: 36

Merit: 0

Quote from: nasqar on August 11, 2017, 06:46:59 AM

I have to say that you have to beleive in Ripple.
It has an amazing specs.
Dont sell yours. I would keep it too.
HODL (and pump if you can)

don't know what is worse, Snapchat or XRP stock performance, charts for both look almost identical.

Hodor7777

full member

Activity: 618

Merit: 112

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

I blog about how global conflict could decline with the advent of crypto-currencies; I focus in on the power of all crypto connected together through the Interledger Protocol, and of course give a shout-out to the one I think is the best (XRP!)

Enjoy! (And feel free to leave any feedback below) Wink

https://xrphodor.wordpress.com/2017/08/11/world-peace-with-ilp-crypto-and-xrp/
https://www.reddit.com/r/Ripple/comments/6t0yue/world_peace_with_ilp_crypto_and_xrp/
https://twitter.com/Hodor7777/status/895994229431746560

nasqar

full member

Activity: 123

Merit: 100

I have to say that you have to beleive in Ripple.
It has an amazing specs.
Dont sell yours. I would keep it too.
HODL (and pump if you can)

ðºÞæ

sr. member

Activity: 1176

Merit: 297

Quote from: CageKennylz on August 11, 2017, 12:22:19 AM

Quote from: JackyVanmarsenille on August 10, 2017, 04:57:26 PM

XRP is a long term hold, 1 year from now it will have made a lot of people very happy. Every week it seems more banks are looking into the Ripple technology

It's just abit discouraging to see the price remain so stagnant despite all these banks using ripple.

Ask yourself, do Banks shy away from easy money? You can rest assured no Bank has bought a single XRP from Ripple at market-price.
Ask yourself, will droves line up do sent money to a company in San Francisco to buy xrp which is backed by absolute nothing.
Ask yourself, will banks pay for a money service or will they charge for it? Yes banks have copied ripples code to create the own Distributed Database. (Project Ubin)
Emerging markets (india..) buy something they have real use for, mobile phone talk time. Thats why M-Pesa has taken of. I do not like the development of it, but thats an entirely different story.
Unconfirmed 1,225,087 xrp have been sold the past 50 days, daily average. It should be 24,600,000 Million when Bitcoin distribution model is used. The fewer sold early the bigger the problem later.

MemberBerries

sr. member

Activity: 1099

Merit: 267

Quote from: yslyv on August 11, 2017, 04:51:18 AM

Quote from: JackyVanmarsenille on August 10, 2017, 04:57:26 PM

XRP is a long term hold, 1 year from now it will have made a lot of people very happy. Every week it seems more banks are looking into the Ripple technology

No, not a long time hold for sure.... XRP is a p&d coin. You can not expect anything from such a coin. We all saw what happened for the investors that invested on xrp. It is better to be out of that games if you do not like to play gamble...

Lol wut? Lmao you guys are hillaryous

Eh ok can you show me a pump to legitimate what you are saying?

yslyv

hero member

Activity: 1078

Merit: 537

Quote from: JackyVanmarsenille on August 10, 2017, 04:57:26 PM

XRP is a long term hold, 1 year from now it will have made a lot of people very happy. Every week it seems more banks are looking into the Ripple technology

No, not a long time hold for sure.... XRP is a p&d coin. You can not expect anything from such a coin. We all saw what happened for the investors that invested on xrp. It is better to be out of that games if you do not like to play gamble...

IAMXX

newbie

Activity: 36

Merit: 0

You can sell all your XRP today buy Apple stock using BTC on SimpleFX sell it month after release and still you will make more profit than on XRP this year.

Mark my words.

Ripple is coin that no one wants.

If they limit supply and will stop flooding market with the coins for which or those there is no demand, maybe something will start changing.

But there are too many whales with billions of XRP right there who wants to cash it asap.

Topic: [XRP] Ripple Speculation - page 348. (Read 637675 times)