[XRP] Ripple Speculation - page 37. | Bitcointalksearch.org

Branko

sr. member

Activity: 2632

Merit: 328

Quote from: vsyc on October 15, 2019, 01:15:13 PM

Quote from: Branko on October 12, 2019, 05:45:29 AM

Quote from: JollyGood on October 12, 2019, 04:10:54 AM

Quote from: mich on October 11, 2019, 05:00:47 PM

Ripple CEO: Our Transparency Has Opened Us Up to Attack

“10 or 100x more transparent than anyone else in crypto”

https://cointelegraph.com/news/ripple-ceo-our-transparency-has-opened-us-up-to-attack

Interesting article. One of the thing that stood got me was this quote: "Overall, Garlinghouse estimated that Ripple sells XRP at 10 basis points of daily market volume — i.e. 99.9% of XRP volume is not connected to Ripple"

That is simply astonishing because effectively it means people are trading XRP but it is not being used on Ripple (ie for transations).

Have I understood that part correctly?

No

What do you mean "used on Ripple"? Ripple is a company, RippleNet is where transfers of XRP happen...if worker from USA is sending money
to family in Mexico through Moneygram, it utilizes RippleNet, but Ripple as a company has nothing with it

Ripple as a company:
- Controls GitHub of XRPL
- Maintains XRPL and introduces features
- Maintains stable infrastructure to run XRPL reliably
- Maintains default UNL that most validators blindly trust
- has RippleNet that runs on all of the above uses XRP on demand
- Possess most of XRP that either belongs to Ripple, to entities that have contracts with Ripple, where Ripple is acting as VC, or as donator, or as wrv by giving XRP to support venture.

Its naive to say that Ripple has nothing to do with XRP.

You should carefully read whole discussion once again Grin

vsyc

sr. member

Activity: 1037

Merit: 253

Quote from: Branko on October 12, 2019, 05:45:29 AM

Quote from: JollyGood on October 12, 2019, 04:10:54 AM

Quote from: mich on October 11, 2019, 05:00:47 PM

Ripple CEO: Our Transparency Has Opened Us Up to Attack

“10 or 100x more transparent than anyone else in crypto”

https://cointelegraph.com/news/ripple-ceo-our-transparency-has-opened-us-up-to-attack

Interesting article. One of the thing that stood got me was this quote: "Overall, Garlinghouse estimated that Ripple sells XRP at 10 basis points of daily market volume — i.e. 99.9% of XRP volume is not connected to Ripple"

That is simply astonishing because effectively it means people are trading XRP but it is not being used on Ripple (ie for transations).

Have I understood that part correctly?

No

What do you mean "used on Ripple"? Ripple is a company, RippleNet is where transfers of XRP happen...if worker from USA is sending money
to family in Mexico through Moneygram, it utilizes RippleNet, but Ripple as a company has nothing with it

Ripple as a company:
- Controls GitHub of XRPL
- Maintains XRPL and introduces features
- Maintains stable infrastructure to run XRPL reliably
- Maintains default UNL that most validators blindly trust
- has RippleNet that runs on all of the above uses XRP on demand
- Possess most of XRP that either belongs to Ripple, to entities that have contracts with Ripple, where Ripple is acting as VC, or as donator, or as wrv by giving XRP to support venture.

Its naive to say that Ripple has nothing to do with XRP.

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Blockchain Firm Ripple Fuses xRapid, xVia and xCurrent into RippleNet

Ripple, the blockchain firm behind crypto asset XRP, fused three of its services into features of its RippleNet offering.
https://cointelegraph.com/news/blockchain-firm-ripple-fused-xrapid-xvia-and-xcurrent-into-ripplenet

Branko

sr. member

Activity: 2632

Merit: 328

Quote from: JollyGood on October 12, 2019, 04:10:54 AM

Quote from: mich on October 11, 2019, 05:00:47 PM

Ripple CEO: Our Transparency Has Opened Us Up to Attack

“10 or 100x more transparent than anyone else in crypto”

https://cointelegraph.com/news/ripple-ceo-our-transparency-has-opened-us-up-to-attack

Interesting article. One of the thing that stood got me was this quote: "Overall, Garlinghouse estimated that Ripple sells XRP at 10 basis points of daily market volume — i.e. 99.9% of XRP volume is not connected to Ripple"

That is simply astonishing because effectively it means people are trading XRP but it is not being used on Ripple (ie for transations).

Have I understood that part correctly?

No

What do you mean "used on Ripple"? Ripple is a company, RippleNet is where transfers of XRP happen...if worker from USA is sending money
to family in Mexico through Moneygram, it utilizes RippleNet, but Ripple as a company has nothing with it

JollyGood

legendary

Activity: 2534

Merit: 1713

Top Crypto Casino

Quote from: mich on October 11, 2019, 05:00:47 PM

Ripple CEO: Our Transparency Has Opened Us Up to Attack

“10 or 100x more transparent than anyone else in crypto”

https://cointelegraph.com/news/ripple-ceo-our-transparency-has-opened-us-up-to-attack

Interesting article. One of the thing that stood got me was this quote: "Overall, Garlinghouse estimated that Ripple sells XRP at 10 basis points of daily market volume — i.e. 99.9% of XRP volume is not connected to Ripple"

That is simply astonishing because effectively it means people are trading XRP but it is not being used on Ripple (ie for transations).

Have I understood that part correctly?

Shasha80

sr. member

Activity: 1876

Merit: 318

Ripple (XRP) has a good future, because XRP is a cryptocurrency supported by dozens of banks in the world. Including
Standard Chartered Bank, Banco Santander and National Australia Bank, for the foreseeable future means of payment through
the banking channel. XRP has price stability compared to other cryptocurrency, so choose XRP for investment is a good decision.
XRP is also very potential, when it was created more than bitcoin around 100 billion XRP which makes it very fast in transactions
and cheaper. So don't ever hesitate to trade or invest in XRP.

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Ripple CEO: Our Transparency Has Opened Us Up to Attack

“10 or 100x more transparent than anyone else in crypto”

https://cointelegraph.com/news/ripple-ceo-our-transparency-has-opened-us-up-to-attack

JollyGood

legendary

Activity: 2534

Merit: 1713

Top Crypto Casino

Quote from: RivAngE on October 09, 2019, 01:03:35 PM

Quote from: JollyGood on October 09, 2019, 04:52:51 AM

This is great news about corrections. XRP currently trading at: $0.278057

I have no idea if the rises will continue at a small pace or if they will jump before finding stability but I was hoping for a long time that it would some sort of stable price well above the $0.30 mark. All crypto prices have been affected with Bitcoin still around $2000 down from the price less than a month ago so with that in mind XRP is still doing well.

Actually, it did worse than other coins 2 months ago so I'm not that impressed with the current price action.
I don't complain though, I added more on my small bags amd they're slowly growing in large bal-I mean, bags!

Keep adding to your small bag and keep increasing it if it seems a viable investment to you. I am not going to sell up just yet because XRP really has a big future ahead of it and investors will hopefully benefit from it.

Zemomtum

full member

Activity: 1316

Merit: 104

CitizenFinance.io

The way XRP is going now, it can get up to 0.4$ in the next few weeks. A lot of good news and partnership which is very good for any project in crypto space

Saint-loup

legendary

Activity: 2604

Merit: 2353

Quote from: JollyGood on October 09, 2019, 04:52:51 AM

This is great news about corrections. XRP currently trading at: $0.278057

I have no idea if the rises will continue at a small pace or if they will jump before finding stability but I was hoping for a long time that it would some sort of stable price well above the $0.30 mark. All crypto prices have been affected with Bitcoin still around $2000 down from the price less than a month ago so with that in mind XRP is still doing well.

And what about btc? XRP is listed in most exchanges against btc and not against USD, so people have to trade its value in btc and not in USD. They need levels in btc(satoshis), not in USD.

Hodor7777

full member

Activity: 616

Merit: 112

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

Raising XRP's Profile

Blog Location: https://coil.com/p/Hodor/Raising-XRP-s-Profile/KfQ8e6ZW3

Brad Garlinghouse continues the media storm for Ripple, making 𝘁𝗵𝗿𝗲𝗲 𝗺𝗲𝗱𝗶𝗮 𝗮𝗽𝗽𝗲𝗮𝗿𝗮𝗻𝗰𝗲𝘀 𝗶𝗻 𝗳𝗶𝘃𝗲 𝗱𝗮𝘆𝘀: I break down the important points for you in my latest blog, with links to the source interviews!

I hope you enjoy the read!

Thanks & Sincerely,
-Hodor

On Twitter: https://twitter.com/Hodor/status/1182402325782171654?s=20

RivAngE

full member

Activity: 728

Merit: 169

What doesn't kill you, makes you stronger

Quote from: JollyGood on October 09, 2019, 04:52:51 AM

Quote from: mich on October 09, 2019, 03:23:05 AM

Ripple Price (XRP) Could Extend Correction Before Fresh Rise

Ripple price is currently correcting gains against the US Dollar and bitcoin. XRP price might test the $0.2700 support or $0.2650 before it could rise again.

https://www.newsbtc.com/2019/10/09/ripple-price-xrp-could-extend-correction-before-fresh-rise/

This is great news about corrections. XRP currently trading at: $0.278057

I have no idea if the rises will continue at a small pace or if they will jump before finding stability but I was hoping for a long time that it would some sort of stable price well above the $0.30 mark. All crypto prices have been affected with Bitcoin still around $2000 down from the price less than a month ago so with that in mind XRP is still doing well.

Actually, it did worse than other coins 2 months ago so I'm not that impressed with the current price action.
I don't complain though, I added more on my small bags amd they're slowly growing in large bal-I mean, bags!

JollyGood

legendary

Activity: 2534

Merit: 1713

Top Crypto Casino

Quote from: mich on October 09, 2019, 03:23:05 AM

Ripple Price (XRP) Could Extend Correction Before Fresh Rise

Ripple price is currently correcting gains against the US Dollar and bitcoin. XRP price might test the $0.2700 support or $0.2650 before it could rise again.

https://www.newsbtc.com/2019/10/09/ripple-price-xrp-could-extend-correction-before-fresh-rise/

This is great news about corrections. XRP currently trading at: $0.278057

I have no idea if the rises will continue at a small pace or if they will jump before finding stability but I was hoping for a long time that it would some sort of stable price well above the $0.30 mark. All crypto prices have been affected with Bitcoin still around $2000 down from the price less than a month ago so with that in mind XRP is still doing well.

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Ripple Price (XRP) Could Extend Correction Before Fresh Rise

Ripple price is currently correcting gains against the US Dollar and bitcoin. XRP price might test the $0.2700 support or $0.2650 before it could rise again.

https://www.newsbtc.com/2019/10/09/ripple-price-xrp-could-extend-correction-before-fresh-rise/

RivAngE

full member

Activity: 728

Merit: 169

What doesn't kill you, makes you stronger

Quote from: target on October 08, 2019, 11:16:30 AM

Quote from: Saint-loup on October 08, 2019, 01:03:45 AM

Quote from: RivAngE on October 04, 2019, 12:13:10 PM

Quote from: Branko on October 04, 2019, 03:58:55 AM

Now this is something odd

https://dailyhodl.com/2019/10/04/revealed-binance-launching-new-crypto-asset-pegged-to-xrp/

Errm, let me quote the following,
"The new token is designed to give users on Binance’s decentralized crypto exchange, Binance DEX, a way to invest in a crypto asset that will perform exactly the way XRP does."
So I ask... why de hell would you create a digital asset which is backed 1:1 by another digital asset and not just use XRP directly? I mean, I don't complain if this will increase XRP's locked amount, but it juts doesn't make any sense!
I would understand it if it'd be 1:1 with a slow-moving and expensive coin like BTC, but I don't understand why would they do this with XRP.

Still happy nonetheless!

It's just because the Dex of Binance is using the BEP2 blockchain, that is to say the Binance blockchain. They need to convert other cryptos in BEP2 tokens in order to manage them in their Dex.

I don't get why they can't just use XRP directly, will it help making XRP stable?

But it may just be good if it will work exactly like XRP in terms of trading fees and volume because this will create more volume in the DEX, its what they aim for. This will build up trading volume in the DEX and less fees for traders.

If they have a DEX blockchain on top of which the transactions are recorded, I can see why they can't use XRP directly.
1) It'd take a lot of transactions which would be on multiple addresses, sacrificing 20 XRP on every new address.
2) It'd cost them transactions fees, even though minimal it'd add up. By using their own chain they have 0 fees.
3) If they already had a system built on their blockchain, it'd be costly and time-consuming to change everything to work with XRP and one of Ripple's products.

target

legendary

Activity: 2282

Merit: 1041

Quote from: Saint-loup on October 08, 2019, 01:03:45 AM

Quote from: RivAngE on October 04, 2019, 12:13:10 PM

Quote from: Branko on October 04, 2019, 03:58:55 AM

Now this is something odd

https://dailyhodl.com/2019/10/04/revealed-binance-launching-new-crypto-asset-pegged-to-xrp/

Errm, let me quote the following,
"The new token is designed to give users on Binance’s decentralized crypto exchange, Binance DEX, a way to invest in a crypto asset that will perform exactly the way XRP does."
So I ask... why de hell would you create a digital asset which is backed 1:1 by another digital asset and not just use XRP directly? I mean, I don't complain if this will increase XRP's locked amount, but it juts doesn't make any sense!
I would understand it if it'd be 1:1 with a slow-moving and expensive coin like BTC, but I don't understand why would they do this with XRP.

Still happy nonetheless!

It's just because the Dex of Binance is using the BEP2 blockchain, that is to say the Binance blockchain. They need to convert other cryptos in BEP2 tokens in order to manage them in their Dex.

I don't get why they can't just use XRP directly, will it help making XRP stable?

But it may just be good if it will work exactly like XRP in terms of trading fees and volume because this will create more volume in the DEX, its what they aim for. This will build up trading volume in the DEX and less fees for traders.

vsyc

sr. member

Activity: 1037

Merit: 253

Sell before it hit 0.19 Roll Eyes

JollyGood

legendary

Activity: 2534

Merit: 1713

Top Crypto Casino

There is a nice little rise on the price today. Now trading at $0.276485 https://coinmarketcap.com/

It is heading in the right direction, slowly but still.

slaman29

legendary

Activity: 2674

Merit: 1226

Livecasino, 20% cashback, no fuss payouts.

Quote from: aamirsuh on October 07, 2019, 05:55:50 PM

I'm not too pessimistic for Ripple. Although the current central structure worries me a bit, I think it is an advantage for future high prices. The managers are constantly signing the deal. Advertising work is very successful.

I'll admit I have a handful of XRP, nothing much not even enough to make me cry if it all goes to hell l but I got it at around 40 cents, so am of course not too upset. One of the few alts I own that hasn't managed to lose 50% or more of the value I bought it at actually haha.

But pay attention. All these deals you're talking about and advertising? That's Ripple the tech and Ripple the company. Not Ripple the token and blockchain. One can be more successful than the other.

Saint-loup

legendary

Activity: 2604

Merit: 2353

Quote from: RivAngE on October 04, 2019, 12:13:10 PM

Quote from: Branko on October 04, 2019, 03:58:55 AM

Now this is something odd

https://dailyhodl.com/2019/10/04/revealed-binance-launching-new-crypto-asset-pegged-to-xrp/

Errm, let me quote the following,
"The new token is designed to give users on Binance’s decentralized crypto exchange, Binance DEX, a way to invest in a crypto asset that will perform exactly the way XRP does."
So I ask... why de hell would you create a digital asset which is backed 1:1 by another digital asset and not just use XRP directly? I mean, I don't complain if this will increase XRP's locked amount, but it juts doesn't make any sense!
I would understand it if it'd be 1:1 with a slow-moving and expensive coin like BTC, but I don't understand why would they do this with XRP.

Still happy nonetheless!

It's just because the Dex of Binance is using the BEP2 blockchain, that is to say the Binance blockchain. They need to convert other cryptos in BEP2 tokens in order to manage them in their Dex.

Topic: [XRP] Ripple Speculation - page 37. (Read 637326 times)