Topic: [XRP] Ripple Speculation - page 471. (Read 637703 times)

http://www.mufg.jp/english/ir/presentation/backnumber/pdf/slides1703_e.pdf  <--------------go here NOW  page 53 

May 19, 2017
Fiscal 2016 Results
Presentation
Mitsubishi UFJ Financial Group, Inc

dude imo...hes not gonna dump and go away from XRP, lols, he moving his coins from a known public address to lots and lots of little new xrp addies that will be buying up those xrp from his old account...for him 

after all the progresss by XRP, when it just shows its potential ( that he prob is fully aware of )

anyways...like always, research and decide yourselfs. 

guys please....gif up this place....we gonna have guests....lots of em  

be carefull something is coming to ripple https://www.mystellar.org/thread-1818.html

lols wow i need to beat my own bar ok....i bring this.............

twitter xrp ripple a few hours ago while we did ...things lol

@btmu_official the[size=15pt] 3rd largest bank in the world ]works with us to implement quick and efficient settlement (pg 53).
                                                                                         (changes colour for added effect lols mr san  )  damn how do you do it mr san ,lols im tryin
i cant even type preoperly ...im gona sleep ,

yea...now rub those eyes...dry those tears and lets all go back up where we belong
#1 here we come  
 yea  

prob just me lol, theres something special about this page.....for noobies...theres years of valuble research all captured on this on page...from tech info, top notch predictions, awesome chart guy lol and a pet troll  
this page can make people millions...weird......very wierd  


if someone asked me pick one page from the whole web right now
a page that will teach me, guide me to a better future
this would be it

( next poster....lol, burdens on you now,  the bar is being set higher lols )

Here is what transpired on the chart:

1. Price was unable to break upwards through the downtrend resistance.
2. BTC reached new high and ETH started a strong uptrend.
3. Price broke through a small uptrend that had been building to the descending triangle.
4. Broke through a support line previously formed in the last days since the ATH
5. Broke through the Gan Fan support line.
6. Found support on the previous high of 0.000145 set on May 8th.

On the long term Gan Fan Chart XRP has gotten back above the Gan Fan support line.
Use the Gan support lines to gauge the health of the trend line and to set buys, sells. and limit stops.



Here is a closer look at the points of failure to break the trend.




Where from here??

There should be some consolidation and then a move to the upside.  During consolidation probalby will bounce around Gan Fan support line bouncing between previously formed  suport and resistance.
If unable to break the downtrend we should go back to the 145 support line or lower.

crypto trading(not investing or hodling, which is what i prefer & reccomend to all friends and family as it has been proven to be more profitable)

Trading is very similar to poker, its all about trying to anticipate whats gonna happen next and try and get more of what you already have.
Now all good poker players wont win every hand...and dont even try to, and end up winning more overall

for me
1st rule ..not losing chips is more of a priorty than gaining more
2nd....if theres no time limit , why hurry


now in crypto those big green candles , the highest ones on every good coin. ,then the reds after...the coins dont die...they just giving us glimpses of the future highs
the highest greens are a sign of the future price....the reds after are buying opportunities for those that did not buy at the highest greens...
if you didnt sell on the highest greens and begin panic selling down, you could lose xrp
if you did sell on the highest greens and sat back...you couldve gained more xrp
if you didnt sell ..you buy down..lowering your average high buy price of xrp and wait till next rise to be in alot of profit

these are a few options traders can have.

( for those that asked about eth, i said last night if it breaks 0.0569 it could go on, ....it did,0.065
 now it looks like double top and going back down under 0.06) imo

Dude, you awesome!

All marcet cap january ~15-20kkk$
Today ~70kkk$
This increase happened in 2-3 months.
https://twitter.com/Ripple/status/865699218828152836  -  This latest twit means much for me. I think price goes at least 0.6$, but actually with such news even 1$ is cheap, imho!

yea i know....we can always rely on you captain...

In any market, all else equal, an increase in supply increases quantity demanded and lowers the market price. So 100B xrp in existence probably means that xrp will never have a market price as high as if there were only 10B xrp in existence. 100B is a big number, depending on what you're counting. If you're counting grains of sand on the beach 100B probably wouldn't "seem" huge, for atoms, it would seem tiny, but try to put 100B elephant seals on that beach and it would almost certainly be too many. I think 100B xrp is somewhere in the middle. It is definitely a big number, but not so big as to be ridiculous. There are ~7B people in the world, so there are only 14xrp per person. There are ~14,000 banks in the world, so there are 7M xrp per bank. There are a lot of ways to look at it.

That said, I don't really think it matters how many xrp there are. The decimal point could be moved left or right and it wouldn't really change anything. Instead of 10,000xrp, I could say I have 100,000xrp10ths, or 1,000tenxrps. One aspect of the total supply that matters, or at least the unit of that total supply that we use as the standard, is how people understand big and small numbers and their relative sizes. It's much easier to understand a price of 15.75 than it is to understand a price of .000001575, or 15,750,000,00,000,000. This really only matters if the supply is for a currency used for everyday transactions. if xrp is only used for bridging business to business cross border payments, software involved won't have an issue with leading or trailing zeros.

I think the most important thing to recognize about xrp is that the market cap is already very big. It is ~$13,000,000,000. It doesn't matter how many xrp there are, but it does matter how much you have to pay for given size share of the total. In that respect, xrp is not even close to "cheap as dirt." It is one of the three or four most expensive crypto currencies already. Can the price of xrp go up, even when there are so many xrp in existence and the market cap is already Billions of dollars? Sure, it might. The more volume in cross border payments go through xrp, velocity equal, the more xrp will be worth, and cross border payments are in the trillions per year.

100B is a really big number if you're counting elephant seals on a beach, but not so big if you're counting grains of sand on that beach. If you're counting xrp, it's somewhere in the middle, and hopefully right in the goldilocks zone for the trillions of dollars of annual cross border payments. Keep in mind there are only 14 xrp per person on the planet. in the end the number of xrp doesn't really matter, what matters is how much a share of the total costs, and a share of xrp is already not exactly cheap.

If you compare Ripple with the largest market cap cryptos of Bitcoin and Ethereum (now ripple) -- you have market caps of ~ 32 Billion USD and ~11 Billion USD respectively. Ripple is at ~13 Billion USD. When you compare that to say the amount of ACH payments that are processed on average in a day (136 Billion USD or 41 Trillion a year according to the ACH Trade group) or the nightly settlement of US Govt. Securities (roughly 2 to 3 Trillion a day) -- these numbers seem pretty small. The total pool of XRP's is roughly 100 Billion. At $1 per token that's 100 Billion USD in market Cap or roughly up to 4 times the current market cap of Bitcoin -- but that would still be small relative to the amount of liquidity that moves thru the world economy every day. Bank Settlements, payments, etc. in Europe are like 3 Trillion Euro's a day.

"Not only is there a finite amount of XRP — just as with Bitcoin — XRP is actually a deflationary cryptocurrency, which means that a tiny amount of XRP is permanently shredded after each transaction. It’s the opposite of unlimited supply. As time goes on, the supply of Bitcoin remains the same while the supply of XRP will actually shrink, making it even more valuable with each passing day."
(http://www.huffingtonpost.com/entry/591cb3bee4b0b28a33f62915    -- I dont know if this is true or not, didn't read it anywhere else)

I think XRP will go up in the next years up to 50$ or more (in my opinion), no one knows thats all always speculation. Even if more Banks use XRP for international payments and if it is true that after any transaction XRP is permanently shredded and the supply will shrink, then it wouldn't take a long time that XRP goes up

I did quite well with XRP. I sold all the way up and am still holding a decent amount, but as I was buying XRP under 0.00001000 the issue that Ripple network can operate without XRP was what stopped me from loading up even more and risking too much. Plus there is a massive amount of XRP out there. For it to go to 1$ it's market cap would be insane but possible. No one know the future so let's see how XRP story plays out.

LOL umm whales, why else have you also lost that 4bill or are those banks then selling? I always said that pump was due to both South Korea exchange adding XRP and whales riding that up as well. The reason you havent dropped further is some of those south korean new investors werent willing to sell at a loss, if they were they would of joined the panic sell. This is why coins never go back to 0 and people claim they are staying strong, its just the growth of investors that now hold in the hope it goes back up.

The next news mentioned was another exchange doing more with XRP, ok so that may cause some more buys but its a dangerous game to hold the success of a coin on echanges adding it, that hype dies quick. Will you get those South koreans back that just got burnt? most likely not, will the whales come back, depends how long BTC and ETH go for. Seems they have moved onto other alts like XEM, Eienstenium etc to boost their BTC/eth supplies.

1. Ripple isn’t creating any other cryptocurrencies or proprietary coins for banks. XRP is it. That means that Ripple success directly equals XRP success.

2. Why is Ripple not creating proprietary coins for banks and instead encouraging them to use XRP?

It’s simple, actually. “Every bank wants their name on it, but no bank wants any other bank’s name on it,” explains Thomas. “So it presents this stalemate where they all create their own coin but then maybe can’t get anyone else but their own daughter banks and their own club to use it, at which point the value isn’t there. Settlement assets are valuable if they’re widely accepted across all organizations.”

Which is why Ripple has been able to get so much traction already, as they’re a neutral party to work with, as opposed to another big bank—and why XRP, not a bunch of other proprietary coins, is the solution that Ripple is exclusively selling to banks.

http://www.huffingtonpost.com/entry/591cb3bee4b0b28a33f62915

And as i said before, if banks don't use XRP for international payments they save 33%, but if they use XRP for international payments they save 42% and thats a lot compared to 33%. A bank wants always to save money as much as possible.

that fake sell wall @20k,lol it will go...and so will all the noobie XRP in front of it....ima coming for ya  

Well thats quite a recovery within no time 

Also something to cheer about...unless its been shared earlier 
https://twitter.com/ripple/status/865699218828152836

some are buying more actually. i have put all my money to altcoins and not to bitcoin, notice how btc dominance has diecreased overtime? its now jjst 47%. its going to diminish overtime while its price goes up but then so are the other coins like XRP and xem

Picked up some more on this "sale" (@14750). Thanks sellers!

All crypto is going to "go nuts" next week. I expect many major announcements at the Concensus convention (starts on Mon) that will drive demand for all coins.