[XRP] Ripple Speculation - page 350.

vanhalendlrband

sr. member

Activity: 322

Merit: 252

Quote from: Bramen on August 09, 2017, 02:44:24 PM

Quote from: RayX12 on August 09, 2017, 11:17:47 AM

Unfortunately Ripple management is madly in love with Banks. Why "unfortunately" you may ask? Because BTC and most of the crypto market is against Banks due their inflationary market economy and their centralized control of fiat.

Did you really think the bankers would allow money supply to get out of their control?

Ripple has built the ability to inflate XRP into the distribution model as I mentioned in an earlier post. Granted, there is a ceiling to how much they have in escrow and are able to sell each month, but them being able to play with at least 55% of the money supply doesn't instill trust.

In the long run (few years) this ability may be diminished. But it might very well be that if XRP becomes more successful it will be cornered and manipulated by central banks and a few whales - that buying has likely already begun.

That supply is gonna get locked up and away forever

And over time the supply will deflate with more and more transactions

vanhalendlrband

sr. member

Activity: 322

Merit: 252

Quote from: Fantum on August 09, 2017, 03:35:18 PM

If ripple is used as a fee to send a transaction, and ripple labs is trying to sell their tech to banks, wouldn't they want ripple to be low, so they can say it costs less than a cent to send a transaction? xrp is obviously manipulated by huge whales

It doesnt matter because even if it was like 200 bucks it would still be the cheapest transactions by far

Fantum

sr. member

Activity: 420

Merit: 250

If ripple is used as a fee to send a transaction, and ripple labs is trying to sell their tech to banks, wouldn't they want ripple to be low, so they can say it costs less than a cent to send a transaction? xrp is obviously manipulated by huge whales

Bramen

member

Activity: 84

Merit: 10

Quote from: RayX12 on August 09, 2017, 11:17:47 AM

Unfortunately Ripple management is madly in love with Banks. Why "unfortunately" you may ask? Because BTC and most of the crypto market is against Banks due their inflationary market economy and their centralized control of fiat.

Did you really think the bankers would allow money supply to get out of their control?

Ripple has built the ability to inflate XRP into the distribution model as I mentioned in an earlier post. Granted, there is a ceiling to how much they have in escrow and are able to sell each month, but them being able to play with at least 55% of the money supply doesn't instill trust.

In the long run (few years) this ability may be diminished. But it might very well be that if XRP becomes more successful it will be cornered and manipulated by central banks and a few whales - that buying has likely already begun.

CageKennylz

newbie

Activity: 56

Merit: 0

Don't see XRP going over $2 max by end of 2018.

RayX12

hero member

Activity: 952

Merit: 552

I think that the potential for XRP growth is huge and I own some XRP!

Unfortunately Ripple management is madly in love with Banks. Why "unfortunately" you may ask? Because BTC and most of the crypto market is against Banks due their inflationary market economy and their centralized control of fiat. The crypto BTC movement and philosophy is therefore against the very same thing that Ripple depends for their existence.
If the banking world collapses tomorrow then Ripple will be out of business and BTC will be worth trillions. Why is Ripple so stubborn? Why not diversify their offerings?

IMO
What could Ripple do to get some love?
Stop being so stubborn and support other models and markets that can put to good use their enormous dwindling wealth held in XRP.

Hodor7777

full member

Activity: 616

Merit: 112

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

Quote from: tintumon on August 09, 2017, 10:14:10 AM

When would this free fall for XRP would be over. Feels like a bag holder now, when I see all the other ALTS are making good progress.

Wow what drama! All other alts are down today except for a few that I can see... XRP is slightly down ~ 1%

Are you really that disappointed making 5% in two days??

Hodor7777

full member

Activity: 616

Merit: 112

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

My new blog is about how any developer that knows Javascript can communicate with the XRP Ledger: https://xrphodor.wordpress.com/2017/08/09/get-m-e-a-n-with-xrp/

Let me know what you think and I hope you enjoy!

https://twitter.com/Hodor7777/status/895305596680982528

tintumon

sr. member

Activity: 364

Merit: 250

dinkimole nokkalle...

When would this free fall for XRP would be over. Feels like a bag holder now, when I see all the other ALTS are making good progress.

Hodor7777

full member

Activity: 616

Merit: 112

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

Quote from: vanhalendlrband on August 09, 2017, 09:20:33 AM

Xrp is much faster than swift. Visa is expensive

This is the executive summary for me....

Here's some other material for those that are xrp-curious:

https://ripple.com/xrp/
https://ripple.com/files/xrp_cost_model_paper.pdf

vanhalendlrband

sr. member

Activity: 322

Merit: 252

Quote from: ðºÞæ on August 09, 2017, 08:06:38 AM

Over the last 47 Days on average Ripple Inc sold 1,116,044 Million XRP per day. If Bitcoins release schedule is used 24 Million XRP would need to be sold each and every day.
With static release 1,373,221 Million (~2 billion every 4 years) would need to be sold each and every day for the next 123 Years to get them all distributed. Every day when less than 24 000 000 Million xrp sold things get worse and worse as more xrp need to find a buyer and market getting smaller and smaller with more currencies every day. Even Banks make the own coin now. When everyone has his own coin and Atomic swapping is active, speed is not an issue and is much faster than Ripples database which crawls when compared to Visa and co.

You can lead a Horse to the water, but you cant make it drink

(ps if anyone know how much Ripple Inc. has spend on xrp security for the past financial years drop a line)

Lol bank tokens.

All the same fud thats been around forever congrats on posting the same things that have been posted forever

Xrp is much faster than swift. Visa is expensive

Bramen

member

Activity: 84

Merit: 10

If XRP Wikipedia entry is to be believed, Ripple placed 55 billion XRP in "cryptographically-secured escrow," which is 55% of total supply. They will sell up to 1bn per month, so at the minimum it will take 55 months for these to be sold.

I'm not sure what the "cryptographically-secured escrow" actually means, but this escrow has a huge potential for inflation and XRP price manipulation by Ripple (or whoever controls the keys).

Are the XRP sold from escrow sold at market value? If at a discount, how is this timed release different from quantitative easing aka printing money? What guarantee do we have the escrow is not used to manipulate the price of XRP?

MemberBerries

sr. member

Activity: 1099

Merit: 267

Quote from: ðºÞæ on August 09, 2017, 08:06:38 AM

Does uranus still hurt after you have bought the ATH?
Relax, no need to spread lies. Sad that you bring your mental disease in here

ðºÞæ

sr. member

Activity: 1176

Merit: 297

Bitcoin © Maximalist

Over the last 47 Days on average Ripple Inc sold 1,116,044 Million XRP per day. If Bitcoins release schedule is used 24 Million XRP would need to be sold each and every day.
With static release 1,373,221 Million (~2 billion every 4 years) would need to be sold each and every day for the next 123 Years to get them all distributed. Every day when less than 24 000 000 Million xrp sold things get worse and worse as more xrp need to find a buyer and market getting smaller and smaller with more currencies every day. Even Banks make the own coin now. When everyone has his own coin and Atomic swapping is active, speed is not an issue and is much faster than Ripples database which crawls when compared to Visa and co.

You can lead a Horse to the water, but you cant make it drink

(ps if anyone know how much Ripple Inc. has spend on xrp security for the past financial years drop a line)

marados

member

Activity: 406

Merit: 10

For me, Ripple has a great potential, and it can only go up, how much? No one knows, only time will tell!:)

DARKHOLDER

hero member

Activity: 659

Merit: 500

Zepher is scammer!:)

p2pGames

member

Activity: 159

Merit: 12

Quote from: Mrpumperitis on August 04, 2017, 02:09:26 PM

Quote from: Exavier on August 04, 2017, 01:56:33 PM

I don't have the massive faith in Ripple which many other people do. Interesting tech. Not so hot on banks and how centralized it is. I just bought some. Will hold long term and see what happens.

fair enough m8...but have you tried sending XRP funds?...wow, nothing, no payment option on the planet comes near it in terms of speed and cost.

You can send $hundreds of thousands , if you want , in seconds for almost..FREE! , and this is now , not some fake promised roadmap in 2yrs lol.

Lol arU still here, and of course grab xpr when it still cheap)?

Hodor7777

full member

Activity: 616

Merit: 112

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

Quote from: MemberBerries on August 08, 2017, 10:34:54 AM

I'm seeing a perfect storm of events now.

1. The scheduled lock up of 55 billion XRP's by Ripple.
2. This scheduled commercial use by SBI of Ripple IOU and possible if not guaranteed use of Ripple XRP for an extra 30% boost in savings for SBI. www.RippleAsia.com
3. The SEC "witch hunt" for all ICO's started using Ethereum code and funded by Ethereum coins that were SIMILAR to THE DAO.
4. The proposed regulation of Cryptocurrency by all countries.
5. The formation of Hedge Funds designed to profit from Cryptocurrency boom.
6. The fact that North Korea now has intercontinental missiles and the fact that South Korea is the biggest investor in XRP by sheer Volume. (Fear makes people panic. Panic makes people invest in safe haven options like maybe XRP. Impending doom from North Korean missiles can perhaps kill the value of Korean Won's. Maybe.....)
7. Negative interest rates. Korea and Japan Banks charging customers fees just to store their funds in their banks. Gov's allowing this to force people to go make riskier investments in stocks and maybe Cryptos to reignite the economy.

#7 seems to be a key right now. It's amazing to me what only South Korea has done to the entire crypto market - Bitcoin, Eth, and XRP. It's also an example of just how insane the amounts are going to get later this year and throughout 2018. We all thought 2017 was great so far...

I have a feeling 2018 is going to make it look like child's play.

I predict $1 XRP by year-end, and $10 by 2019.

invest2lose

member

Activity: 141

Merit: 10

https://www.youtube.com/watch?v=q8w-Oco9dFQ

also, i heard there's supposed to be an announcement sometime next week.

of course both these are rumors at this point. we'll see!

kawacaki

sr. member

Activity: 448

Merit: 251

Quote from: invest2lose on August 08, 2017, 12:55:54 PM

I expect some big news soon...

Wow thats some exciting stuff😂😂

Topic: [XRP] Ripple Speculation - page 350. (Read 637342 times)