[XRP] Ripple Speculation - page 387.

MemberBerries

sr. member

Activity: 1099

Merit: 267

Quote from: comp on June 30, 2017, 04:20:52 AM

Quote from: cybernetik7 on June 30, 2017, 01:53:18 AM

Such a frustrating coin to buy, I do believe it will have another big run at some point. The over hang of 55B xrp from insiders might mean we won't see huge gains anymore though.

Ripple is flatline dead with some minimal spikes and dips. The only thing it attracts is borderline groupies. There are just too many ripples and none of the banks will use ripple as a token. The price for a ripples will forever hover between 0.15 and 0.30 euro. Maybe during a pump a little but higher but no more than that. The whole idea that it's going to a dollar is delusional and wishful thinking. Math wise and can wise it's a fairy tail.

Still fun to trade in 0.01 cent fluctuations.

"flAtLiNe dEAd" like user 'comp'.
Sorry for your saltyness. But dont get more salty in the coming months.
(comp is a member of the homotown gayclub) [no offense]

@Mrpumperitis did you saw the comment?

Nobuo Ando representative director, SBI Remit comments: “It is our duty to continuously search for superior technological solutions to deliver ever improved remittance services for our customers. In this case, Ripple was impressive in concept and turned out to be more so in practice. Furthermore, we can expect to have more favorable foreign exchange opportunities as Ripple’s network expands. For this, we welcome more institutions to join and help us offer competitive remittance services over conventional methods to our valued customers.”

comp

member

Activity: 112

Merit: 10

Quote from: cybernetik7 on June 30, 2017, 01:53:18 AM

Such a frustrating coin to buy, I do believe it will have another big run at some point. The over hang of 55B xrp from insiders might mean we won't see huge gains anymore though.

Ripple is flatline dead with some minimal spikes and dips. The only thing it attracts is borderline groupies. There are just too many ripples and none of the banks will use ripple as a token. The price for a ripples will forever hover between 0.15 and 0.30 euro. Maybe during a pump a little but higher but no more than that. The whole idea that it's going to a dollar is delusional and wishful thinking. Math wise and can wise it's a fairy tail.

Still fun to trade in 0.01 cent fluctuations.

just_Alice

hero member

Activity: 1274

Merit: 622

Quote from: target on June 29, 2017, 08:06:52 AM

Quote from: just_Alice on June 29, 2017, 06:17:09 AM

Quote from: Mrpumperitis on June 28, 2017, 07:08:46 AM

^im sure Ripple devs know about ,price, value ,supply and demand..but i dont they they know the short term and long term potential prices of XRP either.
They speculate probably a bit better than some due to the understanding of there tech..
however things like margin trading and other things have a knock on effect on XRP price...

this is where devs are a bit lacking due to the hours they have..they have dev work to do,families, socialise and importantly ....sleep lol
They dont have time to sit and analyse the whole crypto scene daily, weeks months and years on end.
i say, traders have better knowledge of where the markets are going and devs have better knowledge on where the tech is going.
not all devs are gd traders and not all traders are gd devs

only by combining our knowledge...its then we get a clearer view of the potential

That's why I wanted to see the reply from JoelKatz since he's an employee of Ripple. Of course we all know that no one can predict the price of any coin with 100% certainty, but still we speculate expressing our opinions, and right, by combining our knowledge we have a chace to get a clearer view of the potential of XRP.

But it looks like JoelKatz doesn't want to make predictions, and that's partly understandable because many educated people regard predictions as something very unreliable.

He probably doesn't want to be blamed if something went wrong. But if you can speculate it by how big the marketcap of this coin when its not even yet actively used, you'll foresee this will eventually bubble up. Only a matter of time we'll see how XRP is going to rule.

Yes, I think so too, but still it would be interesting to see an opnion from an employee of Ripple.

So far it is still staying under $0.3, which is kind of unexpected for me. One month ago I thought we'll have $0.5+ in a month.

cybernetik7

sr. member

Activity: 560

Merit: 250

Such a frustrating coin to buy, I do believe it will have another big run at some point. The over hang of 55B xrp from insiders might mean we won't see huge gains anymore though.

powergear

member

Activity: 238

Merit: 10

Quote from: Mrpumperitis on June 02, 2017, 02:28:31 PM

Quote from: JoelKatz on June 02, 2017, 02:15:10 PM

Quote from: Mrpumperitis on June 02, 2017, 01:12:38 PM

( lols when you were selling 40k of eth at $1...i prob i bought many of them of you back then lol..around january2016)

Yeah. I put solar panels on my roof. I like those solar panels a lot, but I'd rather have nine and a half million dollars.

lol wow is that what it comes to now...damn...well im gonna be honest ( i just vision you lookin at your $9mill solar panels lol..i wonder how 10k btc pizza guy feels now .. ive had many moments too lol)
at the start i bought so many..around 7k+. @ $1ish
i sold / traded alot at $4+ as eth was still early days and i thought i could double up ( as you do lol) but it didnt work out very well, so i just hodled what i had left
and always insisted keep enough for pos

You weren't patient. 2 years of holding eth and you would had milions $. Selling eth for 400$. At that time there wasn't so many cryptos to buy than is now. You could had make milions $ on another coins too, for example nem grew 1000x, game credits 21000x durning few years.

powergear

member

Activity: 238

Merit: 10

Quote from: g___ on June 29, 2017, 09:27:32 PM

Quote from: wingfr on June 29, 2017, 06:45:22 PM

XRP on CNBC !
http://www.cnbc.com/video/2017/06/28/cryptocurrency-xrp-has-risen-4000-percent-this-year.html

And the SBI is very positive about XRP in its last report :
http://www.sbigroup.co.jp/investors/library/presentation/pdf/presen170629.pdf#page=134

Very nice coverage !

🙌 🙌 🙌

But durning last month xrp only dropped. Why they don't tell that on news?

kawacaki

sr. member

Activity: 448

Merit: 251

https://ripple.com/insights/its-now-faster-and-easier-to-send-money-between-japan-and-thailand/

And we are live!! Shocked

g___

sr. member

Activity: 273

Merit: 252

Quote from: wingfr on June 29, 2017, 06:45:22 PM

XRP on CNBC !
http://www.cnbc.com/video/2017/06/28/cryptocurrency-xrp-has-risen-4000-percent-this-year.html

And the SBI is very positive about XRP in its last report :
http://www.sbigroup.co.jp/investors/library/presentation/pdf/presen170629.pdf#page=134

Very nice coverage !

🙌 🙌 🙌

RayX12

hero member

Activity: 952

Merit: 552

This comes from XRP Chat...

"https://www.xrpchat.com/topic/6073-sbi-is-preparing-to-use-xrp-japanese-press-release/?page=2#comment-65627"

"
I watched Mr. Kitao's oral presentation video of today in relevant parts. His statements were mostly based on the PPT (p119-125, 134-141) but he mentioned/clarified the following:

- He believes that XRP has a very good potential of becoming the core currency in the crypto world. BTC cannot be used by FIs as it lacks mechanisms for central control and compliance.

- SBI will make the best efforts to raise the value of XRP, which he believes will eventually contribute to the group, XRP holders, and XRP users.

- SBI will also make the best efforts to promote the global use of Corda, which is not specific to money remittances but covers a broader range of usages.

- At present, SBI Max is planned to be established in Hong Kong.

His statement shows that he has a strong expectation of and belief in the success of Ripple, ILP, and XRP. As the stakeholder of SBI Ripple Asia (60%) and Ripple (11%), SBI has direct and common interests with Ripple in the latter's success. At the same time, SBI is trying to play a lead role in as broad areas of Fintech as possible, including R3/Corda. As for the recurring question on the relationship between Ripple/SBI and R3, he does not seem to expect a competing relationship between them due to the Ripple's focus on money remittances.

He did not mention SBI Coin or other crypto currencies that SBI has been reported to be thinking about, but his statements strongly indicate that, as long as money remittances are concerned, SBI expects XRP to be the core currency. "

WOW! Grin

wingfr

newbie

Activity: 47

Merit: 0

XRP on CNBC !
http://www.cnbc.com/video/2017/06/28/cryptocurrency-xrp-has-risen-4000-percent-this-year.html

And the SBI is very positive about XRP in its last report :
http://www.sbigroup.co.jp/investors/library/presentation/pdf/presen170629.pdf#page=134

Very nice coverage !

Chronner

member

Activity: 420

Merit: 31

Quote from: Mrpumperitis on June 27, 2017, 02:04:27 PM

me feels a upwards correction for XRP...its too cheap..bargain XRP is almost over
the price must rise...very very soon
Cool

I believe you, bro and not a drop I do not doubt that the price will grow. Maybe hamsters are still a little bit sensitive, and then only upwards))))))))

zaemiel

jr. member

Activity: 57

Merit: 2

Quote from: JoelKatz on June 02, 2017, 12:57:42 PM

Quote from: fistfullofbtc on June 02, 2017, 12:40:38 PM

look how much ripple swings everyday, up and down, there is no confidence in it, it is living off pure speculation. i hope people make money good luck, enron made shits of money too.

I think the big drop from 42 cents to 20 cents was largely due to shaking out people who bought in just because of the sudden increase in price and had no confidence in long-term viability. Probably also some people who bought in very cheaply sold out enough to ensure their financial security.

Recently, the swings have been much smaller. There seem to be enough participants who see drops as a buying opportunity to hold for the long term.

All of the major cryptos seem to be setting new all time highs every few months. This has taught many people not to sell on a drop. I do think that it's inevitable that sooner or later following this practice will cost some people some significant amounts of money, but for the moment this seems to be the smart bet. I've bought and sold many cryptos over the past seven years. I've regretted many sells but not a single buy. I sold 40,000 ETH at $1, and was thrilled to do it at the time. Had I held those ETH today, the profit on that would have exceeded every loss I could ever have made in the space, even had everything else I ever bought dropped to zero.

I would advise these four rules:

1) Don't buy into anything you don't believe in. Don't try to knowingly profit from a scam.

2) Don't sell anything at a loss unless you don't believe in the project anymore.

3) Don't sell anything at a profit if you still believe in it, unless you think you're moving to an even better opportunity or are taking significant profits.

4) Don't risk anything you can't afford to lose.

Golden rules of the longterm investor.
Thank you very much.

dollabillzbro

newbie

Activity: 38

Merit: 0

Quote from: vsyc on June 28, 2017, 07:03:15 PM

The ever first ICO using RCL: https://jonhq.com/announcing-the-prx-ico/

There is another one - https://www.rialto.ai

> The crowdsale will start on July 15th at 0:00. Crowdsale ends on August 15th or whenever overall hard cap of $10,000,000 is reached. Bonuses in the amount of 5% will be issued during the first 24 hours of the crowdsale. During the crowdsale only the following cryptocurrencies will be accepted: BTC, ETH, and XRP.

And they plan to use XRP afterwords

> With the arbitrage and market making on less liquid markets we provide liquidity, reduce transaction time and earn a fraction of the traded currency price.

> By creating a market between gateways within the Ripple payment protocol, we are well positioned to benefit from any upside trend in the number of transactions and to become the leading market maker.

Lot of positive things from Ripple in this last few days. I am excited.

target

legendary

Activity: 2282

Merit: 1041

Quote from: just_Alice on June 29, 2017, 06:17:09 AM

Quote from: Mrpumperitis on June 28, 2017, 07:08:46 AM

^im sure Ripple devs know about ,price, value ,supply and demand..but i dont they they know the short term and long term potential prices of XRP either.
They speculate probably a bit better than some due to the understanding of there tech..
however things like margin trading and other things have a knock on effect on XRP price...

this is where devs are a bit lacking due to the hours they have..they have dev work to do,families, socialise and importantly ....sleep lol
They dont have time to sit and analyse the whole crypto scene daily, weeks months and years on end.
i say, traders have better knowledge of where the markets are going and devs have better knowledge on where the tech is going.
not all devs are gd traders and not all traders are gd devs

only by combining our knowledge...its then we get a clearer view of the potential

That's why I wanted to see the reply from JoelKatz since he's an employee of Ripple. Of course we all know that no one can predict the price of any coin with 100% certainty, but still we speculate expressing our opinions, and right, by combining our knowledge we have a chace to get a clearer view of the potential of XRP.

But it looks like JoelKatz doesn't want to make predictions, and that's partly understandable because many educated people regard predictions as something very unreliable.

He probably doesn't want to be blamed if something went wrong. But if you can speculate it by how big the marketcap of this coin when its not even yet actively used, you'll foresee this will eventually bubble up. Only a matter of time we'll see how XRP is going to rule.

just_Alice

hero member

Activity: 1274

Merit: 622

Quote from: Mrpumperitis on June 28, 2017, 07:08:46 AM

^im sure Ripple devs know about ,price, value ,supply and demand..but i dont they they know the short term and long term potential prices of XRP either.
They speculate probably a bit better than some due to the understanding of there tech..
however things like margin trading and other things have a knock on effect on XRP price...

this is where devs are a bit lacking due to the hours they have..they have dev work to do,families, socialise and importantly ....sleep lol
They dont have time to sit and analyse the whole crypto scene daily, weeks months and years on end.
i say, traders have better knowledge of where the markets are going and devs have better knowledge on where the tech is going.
not all devs are gd traders and not all traders are gd devs

only by combining our knowledge...its then we get a clearer view of the potential

That's why I wanted to see the reply from JoelKatz since he's an employee of Ripple. Of course we all know that no one can predict the price of any coin with 100% certainty, but still we speculate expressing our opinions, and right, by combining our knowledge we have a chace to get a clearer view of the potential of XRP.

But it looks like JoelKatz doesn't want to make predictions, and that's partly understandable because many educated people regard predictions as something very unreliable.

RayX12

hero member

Activity: 952

Merit: 552

Quote from: Mrpumperitis on June 28, 2017, 05:02:18 PM

... Heres whats on my mind...since nobody can send eth to polo for what a week or so now...

I would think that ETH network is ok. But I still see the message on Polo about ETH deposits.. The wallet does not say anything..

RayX12

hero member

Activity: 952

Merit: 552

Quote from: Mrpumperitis on June 28, 2017, 05:02:18 PM

Quote from: RayX12 on June 28, 2017, 04:36:22 PM

Looks like XRP is waiting to pump after the others finish.

Mr Ray
hows your margin trading knowledge?...il admit mines is weak because i hate it lol, i dont ever do it and i wont do it.

Heres whats on my mind...since nobody can send eth to polo for what a week or so now...
i think users on polo were/are borrowin eth thats on the exchange by lending/margin out xrp and other coins...
then shortin eth...in the expection that eth will go live and dump even more...but today lols
they got margin noobie raped as the pro players know the game and decided to wipe out the noobies by pushing up eth

any ideas

I have never used margin.. too much risk and we know what happens when Polo or Coinbase go bananas... all margin is wiped out if it plays against you.

currently there are some shorts on XRP so I suppose they will buy or are buying now.. I dont think there are many XRP shorts though so I dont thing the price could spike much.

(altair)

sr. member

Activity: 308

Merit: 250

Quote from: talkbitcoin on March 01, 2016, 09:10:16 AM

i have been watching Ripple for some time now, but i have only seen the price not move or go a little down. but the daily trade volume is nice.

anyways i am currently holding my XRP, not given up on it yet.

Yeah me too. I invested XRP and I want to hold it for long term, thus the price is not so good today but I've seen potential to this coin in the future. It's market cap for the industry grow considerably in the past few months. So better eye the news for what is next in XRP.

RayX12

hero member

Activity: 952

Merit: 552