[XRP] Ripple Speculation - page 349.

CageKennylz

newbie

Activity: 56

Merit: 0

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

Merit: 252

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: 618

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

legendary

Activity: 1229

Merit: 1001

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

full member

Activity: 618

Merit: 112

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

member

Activity: 84

Merit: 10

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

full member

Activity: 618

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/

ElitistCA

sr. member

Activity: 477

Merit: 250

Blockchain Just Entered The Real World

Quote from: masstahcoiner on August 10, 2017, 11:26:12 AM

Quote from: McWorse on August 10, 2017, 11:23:48 AM

Quote from: Bigzilla on August 10, 2017, 11:12:58 AM

Quote from: g___ on August 09, 2017, 05:13:12 PM

Quote from: Bramen on August 09, 2017, 09:08:47 AM

They will sell up to 1bn per month, so at the minimum it will take 55 months for these to be sold.

wrong. 1bn will be released per month, not necessarily sold.

wrong. Ripple will give or sell up to 1bn XRP.

source?
Because as far as I know, this is wrong. XRP which aren't sold will be held back and sold in the months after the selling program. But never in bigger amounts than 1B.

Edit: Ok. I think, I got your thought now. Your are right with "up to".
Wink

sorry...

When XRP will start to the moon price will hit 1$

We will see - load your cheap bags of XRP while it's time

In my opinion the target $1 for Ripple in this year very easy, because if the market in next time can recovery after falldown to base price, not have reason can make Ripple still low price.

masstahcoiner

sr. member

Activity: 644

Merit: 390

Quote from: McWorse on August 10, 2017, 11:23:48 AM

Quote from: Bigzilla on August 10, 2017, 11:12:58 AM

Quote from: g___ on August 09, 2017, 05:13:12 PM

Quote from: Bramen on August 09, 2017, 09:08:47 AM

They will sell up to 1bn per month, so at the minimum it will take 55 months for these to be sold.

wrong. 1bn will be released per month, not necessarily sold.

wrong. Ripple will give or sell up to 1bn XRP.

source?
Because as far as I know, this is wrong. XRP which aren't sold will be held back and sold in the months after the selling program. But never in bigger amounts than 1B.

Edit: Ok. I think, I got your thought now. Your are right with "up to".
Wink

sorry...

When XRP will start to the moon price will hit 1$

We will see - load your cheap bags of XRP while it's time

McWorse

sr. member

Activity: 618

Merit: 292

Quote from: Bigzilla on August 10, 2017, 11:12:58 AM

Quote from: g___ on August 09, 2017, 05:13:12 PM

Quote from: Bramen on August 09, 2017, 09:08:47 AM

They will sell up to 1bn per month, so at the minimum it will take 55 months for these to be sold.

wrong. 1bn will be released per month, not necessarily sold.

wrong. Ripple will give or sell up to 1bn XRP.

source?
Because as far as I know, this is wrong. XRP which aren't sold will be held back and sold in the months after the selling program. But never in bigger amounts than 1B.

Edit: Ok. I think, I got your thought now. Your are right with "up to".
Wink

sorry...

Bigzilla

member

Activity: 110

Merit: 10

Quote from: g___ on August 09, 2017, 05:13:12 PM

Quote from: Bramen on August 09, 2017, 09:08:47 AM

They will sell up to 1bn per month, so at the minimum it will take 55 months for these to be sold.

wrong. 1bn will be released per month, not necessarily sold.

wrong. Ripple will give or sell up to 1bn XRP.

IAMXX

newbie

Activity: 36

Merit: 0

Quote from: carlisle1 on August 10, 2017, 08:48:49 AM

ripple is trying to bounce back just don't

excuse me but is doing what?
Are we see exact same charts? or you are color blind?

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: nsasuiteb on August 10, 2017, 06:17:51 AM

The great demand from japanese banks will probably ride price to the moon. Japan is a crypto paradise, lucky ripple investors!

are we going to see another huge pumped? as ive seen big downfall for the past week or two and now ripple is trying to bounce back just don't
know how long it will survive the fluctuations, but holding some would be a great choice. good luck

nasqar

full member

Activity: 123

Merit: 100

Ripple has a very good specs, yet it is not having a big price.
I dont know why but other coins are running, not reay sure which coin to be chosen

ikilledcobain

sr. member

Activity: 446

Merit: 252

Personally, I'm building a small stockpile of XRP. I wish I could give a good reason why, but I have been following my gut on this one.

I'm powering down my STEEM account and converting it all to ripple.

Higginbotham

newbie

Activity: 39

Merit: 0

XRP trading is grinding to a halt at POLO while it influences negatively at all other markets.

MiriamWeston

newbie

Activity: 38

Merit: 0

The value of XRP seems to always increase over time as bitcoin decreases and recovery slows

Topic: [XRP] Ripple Speculation - page 349. (Read 637675 times)