[XRP] Ripple Speculation - page 348.

legendbtc

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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

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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

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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

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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

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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

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Activity: 123

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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

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Bitcoin © Maximalist

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

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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

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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

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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.

CageKennylz

newbie

Activity: 56

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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.

vanhalendlrband

sr. member

Activity: 322

Merit: 252

Quote from: Hodor7777 on August 10, 2017, 04:14:58 PM

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

Just today they announced they are now expanding into China. I guess it makes sense since 80% of all the Japanese banks are on board!

https://twitter.com/emy_wng/status/895737169884479488

This is exciting. I'm recently back in, everyone knows my margin error story, trying to continuously buy more margin (of other coins with my xrp margin and one of the other coins tanked bad as I was in XRP at 600 sats I couldn't rlose it with my margin at 600 sats lol) and then end up losing all my XRP in the process. But slowly rebuilding it, I believe in this project all the way. I have from day one.(

Even my dad knows everything about Ripple

vanhalendlrband

sr. member

Activity: 322

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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

JackyVanmarsenille

member

Activity: 150

Merit: 10

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

Hodor7777

full member

Activity: 616

Merit: 112

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

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

Just today they announced they are now expanding into China. I guess it makes sense since 80% of all the Japanese banks are on board!

https://twitter.com/emy_wng/status/895737169884479488

Bramen

member

Activity: 84

Merit: 10

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.

Rune

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Activity: 1229

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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

Hodor7777

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Activity: 616

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

Quote from: Bramen on August 10, 2017, 03:10:08 PM

Quote from: Hodor7777 on August 10, 2017, 02:27:47 PM

It's interesting to see how many traders will wait to jump on a train after it's left the station.
...
When the train leaves the station, there's going to be more than enough regrets to go around!

I take it you imply that the price will increase? What is the time horizon you have in mind?

There are 38bn XRP in circulation* today, and Ripple is selling or giving away up to 1bn per month. That's 1% to 2.6% of XRP supply growth (inflation) each month for fifty five months, resulting in 32% inflation in the first year alone (from current 38bn to 50bn if 1bn is released per month). That's huge inflation, and potential to rein in the price of XRP.

Therefore we're looking at least four and a half years of inflationary supply growth, quantitative easing, printing money, and market manipulation by Ripple.

You are probably right that there will be regrets, but it is possible that it will take years for XRP value to really take off. Given the distribution model, I wonder what other tricks Ripple has up their sleeve. Ripple is selling part of the monthly allotment to institutional investors, so there is an increasing risk of collusion and market manipulation.

_{* up to 10bn of these are held by Ripple which makes this analysis even more worrying, as these XRP are not really in circulation.}

Couple corrections: Ripple said they can use UP TO 1 billion per month. That's how much escrow will release when it starts to take effect. 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.

Note that this is a positive - it's what sets XRP apart from Bitcoin and Eth when it comes to adoption by FIs and banks - there is no central organization with a stash to bootstrap liquidity to speed adoption in specific industries for Bitcoin or Ethereum. But Ripple has enough each month to do just that.

If you want info on adoption of XRP by banks, and why banks are incentivized to use it, this post on XRPChat has a lot of information to peruse: https://www.xrpchat.com/topic/6362-the-reason-why-xrp-will-be-adopted/

Bramen

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Quote from: Hodor7777 on August 10, 2017, 02:27:47 PM

It's interesting to see how many traders will wait to jump on a train after it's left the station.
...
When the train leaves the station, there's going to be more than enough regrets to go around!

I take it you imply that the price will increase? What is the time horizon you have in mind?

There are 38bn XRP in circulation* today, and Ripple is selling or giving away up to 1bn per month. That's 1% to 2.6% of XRP supply growth (inflation) each month for fifty five months, resulting in 32% inflation in the first year alone (from current 38bn to 50bn if 1bn is released per month). That's huge inflation, and potential to rein in the price of XRP.

Therefore we're looking at least four and a half years of inflationary supply growth, quantitative easing, printing money, and market manipulation by Ripple.

You are probably right that there will be regrets, but it is possible that it will take years for XRP value to really take off. Given the distribution model, I wonder what other tricks Ripple has up their sleeve. Ripple is selling part of the monthly allotment to institutional investors, so there is an increasing risk of collusion and market manipulation.

_{* up to 10bn of these are held by Ripple which makes this analysis even more worrying, as these XRP are not really in circulation.}

Hodor7777

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Activity: 616

Merit: 112

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

It's interesting to see how many traders will wait to jump on a train after it's left the station.

XRP is in the midst of implementing their technology at uncounted banks and FIs, and have already done so at 75 banks.

That's 75 commercial deployments of Ripple tech, across 90 current customers. And that list of banks includes BMO, UBS, RBC, Westpac, and Standard Chartered, among other members of the "top 20" worldwide. What other company with the digital asset has this much industry traction? None.

When the train leaves the station, there's going to be more than enough regrets to go around!

https://ripple.com/xrp/market-performance/

Topic: [XRP] Ripple Speculation - page 348. (Read 637342 times)