Topic: [XRP] Ripple Speculation - page 390. (Read 637342 times)

Soooo,
   If investing XRP is like pissing in the ocean, then exactly how do we go about putting the money into actual Ripple, before Ripple blows up and goes international? I don't know exactly what or why that exact question regarding investing in Ripple & XRP were possibly 2 separate investments. Ripple being the investment which goes to the moon, & all the investors get rich off of, and XRP being the investment we just get to watch? XRP should be xrp, or it's the digital form of Silver, you want to buy a ton of silver because all the signals show that the price for Silver is boiling over and about to blow wide open yesterday. But, like always has and always will, silver stays right there and you watch it do nothing......

Think about it this way:

Ripple holds over 60 billion XRP. Given the way that's being escrowed, Ripple will almost certainly be the largest holder of XRP for the foreseeable future. For every penny the price of XRP goes up, the notional value of Ripple's XRP goes up by six hundred million dollars. Ripple can only materialize that value for its shareholders if that value and liquidity are preserved over the next several years.

Sure, Ripple makes money by selling software to banks. But how many banks do you think Ripple would have to close to make six hundred million dollars in license/support fees? That would equal the value of a sustained one cent increase in the price of XRP.

So Ripple, the company, encourages using XRP, right? Then if this company is having success and many famous banks want to work with it, XRP, the coin should be successful too.

IMO it would be right to say that XRP and Ripple are different things only if there was no connection at all between the two.

So Ripple, the company, encourages using XRP, right? Then if this company is having success and many famous banks want to work with it, XRP, the coin should be successful too.

IMO it would be right to say that XRP and Ripple are different things only if there was no connection at all between the two.

At current stage, all top 10 coins get Down by 15-25%, but only two stands at 7.5% drop XRP and BTC (I would love to remove it, but lets respect contenders), and XRP on 0.1 has less drop than BTC Do you need stronger signs, of significant support?

pm me here bro, just click my name and  then send pm

This is the difference between XRP and Ripple.

by ecurrencyhodler @ https://www.reddit.com/r/Ripple/comments/6jd9w6/this_is_the_difference_between_xrp_and_ripple/


Here is the difference between xrp and ripple taken from their whitepapers:

1) Ripple, the company, offers banks a software called Ripple Connect (thanks /u/cmbartley) which uses InterLedger Protocol (ILP) to transfer $$ between banks with a minimal fee because it doesn't have to get transferred 2-3 times into different fiats or service fees. It simply needs to get converted once. This software DOES NOT USE XRP.

2) XRP is simply a cryptocurrency that exists outside of this software that is high in liquidity and has fast transactions. There is nothing that distinguishes XRP from other cryptocurrencies that carry the same properties such as LTC or Zcash. Source: https://youtu.be/51dMe_Oui4M?t=2439
 

For you newcomers out there looking to invest in this coin, you need to know the following things:

1) The success of Ripple the company is not directly tied to the value of XRP.

2) When you buy Ripple, you are simply buying another cryptocurrency. It's advantages are its fast transaction times, high liquidity, and finally the various exchanges it's on.

3) You are NOT buying the currency that banks are currently using to transfer their money. So banks are not buying XRP right now and you should not expect banks to buy up a whole ton of XRP in the near future.

4) However, Ripple the company will advocate for use of XRP as the cryptocurrency of choice within Ripple connect for banks to transfer money in the ILP between lesser known fiats outside of the USD and the Euro.