[XRP] Ripple Speculation - page 364.

Pfizer

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Quote from: MemberBerries on July 21, 2017, 05:52:25 AM

Quote from: whisperit on July 21, 2017, 05:36:22 AM

it's still in the red zone though

I dont know about you but for me the xrp/btc ratio is irrelevant. Its all about the $€£¥₩ i cant remember paying somewhere with btc lmao.

Reminder: the more fiat gateways the more decoupled from btc it becomes

That's right and gateways are important for ripple's progress.

The ratio itself is not irrelevant it's just have problems due to multiple native currencies as you wrote above.

RayX12

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Quote from: cinchin on July 21, 2017, 09:41:53 AM

Quote from: larks500 on July 20, 2017, 05:48:52 AM

Quote from: marketone on July 20, 2017, 05:38:10 AM

Many banks are being adopted by this Ripple Blockchain technology but why the price of the XRP is still, undervalued currency in the market. But many experts are kept explaining Ripple is going to be the future currency.

Ripple Blochchain technology it is realy value thing. But not XRP. XRP just speculative coin. For interbank settlements could be issued new coin and distributed (sold) to participant of settlements. It is simple thing that price of XRP does not connect to Ripple income Wink

- Exactly, banks are not interested in ripple, they are only interested in the technology of ripple, technology can help the transaction happen faster. This is a sad truth to the ripple and who put their trust in it
- We all can see the ripple gets a lot of good news, many people predict the price of the ripple will rise high but it still tends to decrease severely, many investors are gradually abandoning it. Actually, now I do not find any reason or anything to believe in a nice future with ripple.

https://www.reddit.com/r/Ripple/comments/6bory1/explain_to_me_do_banks_use_ripple_technology_and/?st=j5e1ow1s&sh=914934cd

"Think the 3 key facts that help understanding a bit more why XRP is going up are: 1) XRP is actually needed for transactions to happen, even if the transaction itself doesn't use XRP; basically every transaction destroys a few ~~ripples~~ drops and therefore banks will want to have a reserve available; 2) if banks don't use XRP they're savings are roughly 30% of the current cost with SWIFT; if they DO use XRP the savings double to 60%, which is a major incentive for banks to use XRP from my point of view; 3) SWIFT transactions account for roughly $5 trillion on a daily basis, so quite a bit of room for the XRP valuation to grow still IMO"

Give it time.... in due time the Banks will want to save an extra 30%!

If you have time then use Google and type: why would banks use xrp

cinchin

sr. member

Activity: 308

Merit: 250

Quote from: larks500 on July 20, 2017, 05:48:52 AM

Quote from: marketone on July 20, 2017, 05:38:10 AM

Many banks are being adopted by this Ripple Blockchain technology but why the price of the XRP is still, undervalued currency in the market. But many experts are kept explaining Ripple is going to be the future currency.

Ripple Blochchain technology it is realy value thing. But not XRP. XRP just speculative coin. For interbank settlements could be issued new coin and distributed (sold) to participant of settlements. It is simple thing that price of XRP does not connect to Ripple income Wink

- Exactly, banks are not interested in ripple, they are only interested in the technology of ripple, technology can help the transaction happen faster. This is a sad truth to the ripple and who put their trust in it
- We all can see the ripple gets a lot of good news, many people predict the price of the ripple will rise high but it still tends to decrease severely, many investors are gradually abandoning it. Actually, now I do not find any reason or anything to believe in a nice future with ripple.

whisperit

member

Activity: 98

Merit: 10

Quote from: MemberBerries on July 21, 2017, 05:52:25 AM

Quote from: whisperit on July 21, 2017, 05:36:22 AM

it's still in the red zone though

I dont know about you but for me the xrp/btc ratio is irrelevant. Its all about the $€£¥₩ i cant remember paying somewhere with btc lmao.

Reminder: the more fiat gateways the more decoupled from btc it becomes

fair enough. I just was buying them with BTC

MemberBerries

sr. member

Activity: 1099

Merit: 267

Quote from: whisperit on July 21, 2017, 05:36:22 AM

it's still in the red zone though

I dont know about you but for me the xrp/btc ratio is irrelevant. Its all about the $€£¥₩ i cant remember paying somewhere with btc lmao.

Reminder: the more fiat gateways the more decoupled from btc it becomes

whisperit

member

Activity: 98

Merit: 10

it's still in the red zone though

Jannou

newbie

Activity: 13

Merit: 0

XRP looking good, good news https://www.reddit.com/r/Ripple/comments/6om4nh/as_for_the_future_of_xrp_vias_hinted_that_new/

DuaLipa

full member

Activity: 198

Merit: 100

Quote from: romero121 on July 03, 2017, 12:04:21 AM

Though Op has mentioned the article describing all about the hard fork and other splitting of the network in the past to term it an altcoin, we need to have the understanding that if bitcoin hasn't got existed we could have never got a term virtual currency or cryptocurrency. Following this has grown the entire list of altcoins that we use.

Hmm this is right but we shouldn't forget the fact that bitcoin could be surpassed by others and this turns bitcoin into an altcoin. No matter if bitcoin is the first coin ever, the current condition is much more vital to consider.

cretanicious

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Activity: 80

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Quote from: larks500 on July 20, 2017, 05:48:52 AM

Quote from: marketone on July 20, 2017, 05:38:10 AM

Many banks are being adopted by this Ripple Blockchain technology but why the price of the XRP is still, undervalued currency in the market. But many experts are kept explaining Ripple is going to be the future currency.

Ripple Blochchain technology it is realy value thing. But not XRP. XRP just speculative coin. For interbank settlements could be issued new coin and distributed (sold) to participant of settlements. It is simple thing that price of XRP does not connect to Ripple income Wink

So they have a coin and they will issue another one. what are these thoughts you hae in mind? then bitcoin can make another coin and so on. why you say its speculative coin the ripple?

TrumpBump

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Activity: 84

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Quote from: Andergriff on July 20, 2017, 10:52:11 AM

Ripple Reports Uptick in Investor XRP Interest as Sales Triple in Q2

http://www.coindesk.com/ripple-reports-uptick-investor-xrp-interest-sales-triple-q2/

Quote

A new report from distributed ledger startup Ripple suggests institutional investors are increasingly interested in its native cryptocurrency, XRP.

According to the San Francisco startup, its licensed subsidiary sold $31 million worth of XRP during Q2 2017. The figure was up threefold from Q1, when it recorded $6.7 million in sales.

According to the report, $21 million in such purchases came from institutional investors who actively approached the company through Ripple's licensed money service business. The company sold an additional $10.3 million XRP in a more passive way through sales of the asset to fund its operations.

On public exchanges, Ripple also noted an increasing volume of fiat-for-XRP purchases during the same period, again suggesting an increasingly more mainstream audience.

While bitcoin contributed to 85% of total exchange-traded XRP volume in Q1, this number dropped to 63% by the end of June, according to the company.

As of press time, XRP is trading at $0.17, down from $0.40 on May 17, its most recent all-time high.

That's what shot it up to $0.40. All that money has since left the market.

Andergriff

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Activity: 687

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Ripple Reports Uptick in Investor XRP Interest as Sales Triple in Q2

http://www.coindesk.com/ripple-reports-uptick-investor-xrp-interest-sales-triple-q2/

Quote

A new report from distributed ledger startup Ripple suggests institutional investors are increasingly interested in its native cryptocurrency, XRP.

According to the San Francisco startup, its licensed subsidiary sold $31 million worth of XRP during Q2 2017. The figure was up threefold from Q1, when it recorded $6.7 million in sales.

According to the report, $21 million in such purchases came from institutional investors who actively approached the company through Ripple's licensed money service business. The company sold an additional $10.3 million XRP in a more passive way through sales of the asset to fund its operations.

On public exchanges, Ripple also noted an increasing volume of fiat-for-XRP purchases during the same period, again suggesting an increasingly more mainstream audience.

While bitcoin contributed to 85% of total exchange-traded XRP volume in Q1, this number dropped to 63% by the end of June, according to the company.

As of press time, XRP is trading at $0.17, down from $0.40 on May 17, its most recent all-time high.

Kisanaq

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Activity: 700

Merit: 277

Quote from: Mr.Coinzer on July 20, 2017, 06:51:40 AM

really will price up to $1 a year or it's lies

Now almost all coin prices go up, I think the price $ 1 can be achieved before this year ends, I also still hold Ripple coin and wait until the highest price.

Mr.Coinzer

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really will price up to $1 a year or it's lies

MemberBerries

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Quote from: larks500 on July 20, 2017, 05:48:52 AM

Quote from: marketone on July 20, 2017, 05:38:10 AM

Many banks are being adopted by this Ripple Blockchain technology but why the price of the XRP is still, undervalued currency in the market. But many experts are kept explaining Ripple is going to be the future currency.

Ripple Blochchain technology it is realy value thing. But not XRP. XRP just speculative coin. For interbank settlements could be issued new coin and distributed (sold) to participant of settlements. It is simple thing that price of XRP does not connect to Ripple income Wink

Broo you are sooo 2013.

larks500

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Activity: 616

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Bountylord.com

Quote from: marketone on July 20, 2017, 05:38:10 AM

Many banks are being adopted by this Ripple Blockchain technology but why the price of the XRP is still, undervalued currency in the market. But many experts are kept explaining Ripple is going to be the future currency.

Ripple Blochchain technology it is realy value thing. But not XRP. XRP just speculative coin. For interbank settlements could be issued new coin and distributed (sold) to participant of settlements. It is simple thing that price of XRP does not connect to Ripple income Wink

marketone

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Many banks are being adopted by this Ripple Blockchain technology but why the price of the XRP is still, undervalued currency in the market. But many experts are kept explaining Ripple is going to be the future currency.

groko271

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Quote from: aRTyMK4 on July 20, 2017, 05:18:44 AM

Where do you store you Ripples? I have them on Poloniex at the moment, but want to withdraw them from them.

gatehub.net

aRTyMK4

member

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Where do you store you Ripples? I have them on Poloniex at the moment, but want to withdraw them from them.

niisarearning

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Activity: 910

Merit: 252

Its really awesome research i wonder after seeing my countries largest government sector bank "SBI Holdings in Asia wanting to use Ripple" having interest on ripple definitely i will try to bag some more ripple .

bucciarati

full member

Activity: 700

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it's the same rollercoaster, as usual price will go up price will go down and so on ... but in the long run (take a look at the charts) new higher floors are here to stay, sure it is better to have a trading strategy instead of only wait in order to profit from this great volatility

Topic: [XRP] Ripple Speculation - page 364. (Read 637703 times)