Topic: [XRP] Ripple Speculation - page 37. (Read 637667 times)
Why are banks so hesitant to use xrp? I'm not talking about ripple . Why don't they use the token?
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
“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?
Though I cannot comment on the exact numbers nor do I know how did they come up with those percentages, there's one thing I know.
Ripple doesn't sell XRP on the market (meaning, through exchanges), instead they offer them to their customers as part of their deals.
I believe this has a positive effect to the overall price, though their customers might be able to sell their XRP at some point... I don't know!
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
“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?
I know what the connection between Ripple and XRP is. I was referring to the article, asking if it was written with errors of if it had no errors and I misunderstood it.
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
“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?
And what should I find new there that will make me think differently?
I don't think you should think differently, just that you're responding to wrong post.
Your answer has nothing with my post, in fact I agree with your post
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
“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
And what should I find new there that will make me think differently?
Ripple’s XRP Sales Down 73% in Q3 Compared to Previous Quarter
Blockchain payments network Ripple has announced that it sold $66.24 million worth of XRP in Q3 2019 — down a staggering 73.66% compared to the record sale worth of $251.51 million in the previous quarter.
https://cointelegraph.com/news/ripples-xrp-sales-down-73-in-q3-compared-to-previous-quarter
Blockchain payments network Ripple has announced that it sold $66.24 million worth of XRP in Q3 2019 — down a staggering 73.66% compared to the record sale worth of $251.51 million in the previous quarter.
https://cointelegraph.com/news/ripples-xrp-sales-down-73-in-q3-compared-to-previous-quarter
In reference to above discussions, from a newcomer point of view, and this was me 2 years ago.
Ripple has nothing to do with XRP = false or rather,,, inaccurate.
Ripple success has nothing to do with XRP price = slightly true but if Ripple does very very well, exposure to XRP is good so price has positive effect.
Ripple does not affect XRP price = yet to be determined.
Ripple has nothing to do with XRP = false or rather,,, inaccurate.
Ripple success has nothing to do with XRP price = slightly true but if Ripple does very very well, exposure to XRP is good so price has positive effect.
Ripple does not affect XRP price = yet to be determined.
Although XRP has minimum utility in operations of Ripple Foundation but still brand name shapes the price and market of XRP, we can't deny that Ripple has no effect on XRP's price. Whenever any positive new come from Ripple Foundation, it surely act as price pumping for XRP.
In reference to above discussions, from a newcomer point of view, and this was me 2 years ago.
Ripple has nothing to do with XRP = false or rather,,, inaccurate.
Ripple success has nothing to do with XRP price = slightly true but if Ripple does very very well, exposure to XRP is good so price has positive effect.
Ripple does not affect XRP price = yet to be determined.
Ripple has nothing to do with XRP = false or rather,,, inaccurate.
Ripple success has nothing to do with XRP price = slightly true but if Ripple does very very well, exposure to XRP is good so price has positive effect.
Ripple does not affect XRP price = yet to be determined.
Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL
The exchange’s groundbreaking plans merge traditional financial markets and stablecoins, says its CEO Bob Ras.
https://decrypt.co/10353/coinfield-sologenic-stocks-crypto-trading-xrpl-ripple
The exchange’s groundbreaking plans merge traditional financial markets and stablecoins, says its CEO Bob Ras.
https://decrypt.co/10353/coinfield-sologenic-stocks-crypto-trading-xrpl-ripple
If they launch, that would be groundbreaking...and probably fill my $8 per XRP sell order
Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL
The exchange’s groundbreaking plans merge traditional financial markets and stablecoins, says its CEO Bob Ras.
https://decrypt.co/10353/coinfield-sologenic-stocks-crypto-trading-xrpl-ripple
The exchange’s groundbreaking plans merge traditional financial markets and stablecoins, says its CEO Bob Ras.
https://decrypt.co/10353/coinfield-sologenic-stocks-crypto-trading-xrpl-ripple
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
“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
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
“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.
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
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
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
“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 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
“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?
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.
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.
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
“10 or 100x more transparent than anyone else in crypto”
https://cointelegraph.com/news/ripple-ceo-our-transparency-has-opened-us-up-to-attack
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.
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 $2000 down from the price less than a month ago so with that in mind XRP is still doing well.
Actually, it did worse than other coins 2 months ago so I'm not that impressed with the current price action.
I don't complain though, I added more on my small bags amd they're slowly growing in large bal-I mean, bags!
Keep adding to your small bag and keep increasing it if it seems a viable investment to you. I am not going to sell up just yet because XRP really has a big future ahead of it and investors will hopefully benefit from it.
The way XRP is going now, it can get up to 0.4$ in the next few weeks. A lot of good news and partnership which is very good for any project in crypto space
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