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Topic: [XRP] Ripple Speculation - page 496. (Read 637326 times)

hero member
Activity: 1302
Merit: 540
May 15, 2017, 07:06:00 AM
If it is overpriced or not will depend on how much of the supply gets locked up.

If you lock up like 80% or so (percentage is just a random number, don't know off hand how much is in circulation) then moon.

But if they announce the lockup like.... 4 ripples ( :') ) then it's overpriced now because there can never be enough money to repay everyone the current value hahaha.

Still confident in "a lot will be locked up"

The XRP supply gets burned on every Ripple transaction though. Once banks start making transactions in the terms of billions PER DAY, that supply is gonna go POOF!

XRP doesn't even need to lock up the supply for this price to go up and supply to go WAY down. We are already approaching 25 cents here
well this pump and retrace process really a challenging yet very profitable for those who knows how to understand the flow,
its just a matter of trust and believe if you know when to place the right position definitely you will really gain a lot.
sr. member
Activity: 322
Merit: 252
May 15, 2017, 06:55:37 AM
If it is overpriced or not will depend on how much of the supply gets locked up.

If you lock up like 80% or so (percentage is just a random number, don't know off hand how much is in circulation) then moon.

But if they announce the lockup like.... 4 ripples ( :') ) then it's overpriced now because there can never be enough money to repay everyone the current value hahaha.

Still confident in "a lot will be locked up"

The XRP supply gets burned on every Ripple transaction though whether its USD to CAD or Yen to Bitcoin. Once banks start making transactions in the terms of billions PER DAY, that supply is gonna go POOF!

XRP doesn't even need to lock up the supply for this price to go up and supply to go WAY down. We are already approaching 25 cents here
sr. member
Activity: 322
Merit: 252
May 15, 2017, 06:54:23 AM
Ripple has a history of pullbacks when parabolic rises happen. Bearish.
I think that's somewhat deceptive. Looking back, it looks like there's always a pullback after a large rise because you don't consider the rise to end until you see the pullback. Is this the end of the rise and the pullback is near? Or is this the beginning of the rise and the pullback will not be until there's a significant further rallying?

That said, this rise was truly spectacular. And the fundamentals of Ripple and XRP are not 20 times better than they were two months ago. So either XRP is overpriced now or the market was dramatically undervaluing XRP for a very long time. I believe it is the latter. But, of course, I also really want to believe that.

I've been following crypto like crazy for some time now.

I've seen many other coins for various reasons go way up past prices like this with only maybe a vague or slight use case and considering the supply which is going to be burned over time it makes me think is the latter as well.

I don't care how much is in supply no reason why Pascal or ETC should be higher than XRP. I mean can't you endlessly mine ETC anyways?

I guess the point i'm getting at is the use case I think far outweighs the supply more than any other coin as no other coins has been adopted by so many big banks and financial groups.

We are talking in less than a month nearly 6 BILLION, not million BILLION, dollars in its market cap in a month surpassing ETH. Hold on lets just focus on this for a sec, yet another coin like ETC that you can endlessly mine at this point in time and its worth nearly 100 dolars and we are talking XRP being 25 cents here.

Its known XRP supply will be burned on every Ripple Transaction that doesn't use XRP if i'm not mistaken? Then I already see a value there much higher than any coin because give it a few years and see how much of that supply is left after banks are trading billions per day on Ripple.

The value even in a 10 year outlook on something like that used in banks, how much of that supply would be left after 1 year even? let alone 10? 

This XRP is severely undervalued. Like XRP should be worth like 0.05 as much as ETH should be in my books and has more of a use case than ETH which is still questionable about who is really using ETH to buy anything at all same for ETC and many other coins worth way more than 25 cents which XRP is heading towards it seems.

imo XRP should be no less than a dollar right now.
sr. member
Activity: 1190
Merit: 255
May 15, 2017, 06:43:19 AM
Which desktop wallet are you using for XRP?
sr. member
Activity: 448
Merit: 251
May 15, 2017, 05:49:19 AM
Coinone (Korea!!) is already good for 8% of the volume today.


Ripple Markets
USD
#   Source   Pair   Volume (24h)   Price   Volume (%)   Updated
1   Poloniex   XRP/BTC   $83,895,800   $0.238624   60.81%   Recently
2   Kraken   XRP/BTC   $11,792,300   $0.238693   8.55%   Recently
3   Coinone   XRP/KRW   $11,246,700   $0.259628   8.15%   Recently

also interesting

Coinone

 https://coinone.co.kr/
 Exchange
$32,007,460
18,456 BTC
Active Markets
USD
#                                                   Currency Pair   Volume (24h)          Price                volume (%)          Updated
1   RippleRip                          XRP/KRW        $11,247,100        $0.259628         35.14%               Recently
2   BitcoinBitcoin                           BTC/KRW         $7,869,450        $1910.75         24.59%               Recently
3   EthereumEthereum                   ETH/KRW         $7,784,170        $102.34         24.32%               Recently
4   Ethereum ClassicEthereum Classic   ETC/KRW         $5,106,740        $7.18                 15.95%               Recently
member
Activity: 93
Merit: 10
May 15, 2017, 05:40:55 AM
https://itunes.apple.com/us/app/ripple-xrp/id1160442229?mt=8

Just saw that Apple, does have ripple on there IOS app, hmm interesting, are they a partner as well, as I read somewhere that they prefer XRP technology over VISA?

I'm into diversifying and also have coins from XRP to BTC, and going to be a long on XRP despite all these people FUD'ing of XRP, why not grow and see what the tech has to offer, at the end of the day, even if it goes back down to $0.1 when it reaches $0.5, its something that I will still have, better to work and grow with the banks and make a decent coin to pay for the expenses of life then struggle and not have anything. No way will the Banks, Big Corporations, Governments and other major key players let XRP be lost as there is too much involved.

The tech will only get better in my opinion, but do whatever you guys want, at the end of the day its my money and how I choose to spend it, just like those that are just into buying, gold, silver or BTC. All about ones choices and what they want and believe in. Smiley
member
Activity: 112
Merit: 10
May 15, 2017, 04:26:41 AM
Then MOON
sr. member
Activity: 274
Merit: 251
May 15, 2017, 04:23:08 AM
If it is overpriced or not will depend on how much of the supply gets locked up.

If you lock up like 80% or so (percentage is just a random number, don't know off hand how much is in circulation) then moon.

But if they announce the lockup like.... 4 ripples ( :') ) then it's overpriced now because there can never be enough money to repay everyone the current value hahaha.

Still confident in "a lot will be locked up"

They will not lock up (IF) some amount of existing coin but:
2.) The supply available will only be the current supply.
member
Activity: 112
Merit: 10
May 15, 2017, 03:59:32 AM
If it is overpriced or not will depend on how much of the supply gets locked up.

If you lock up like 80% or so (percentage is just a random number, don't know off hand how much is in circulation) then moon.

But if they announce the lockup like.... 4 ripples ( :') ) then it's overpriced now because there can never be enough money to repay everyone the current value hahaha.

Still confident in "a lot will be locked up"
legendary
Activity: 1596
Merit: 1012
Democracy is vulnerable to a 51% attack.
May 15, 2017, 02:31:48 AM
Ripple has a history of pullbacks when parabolic rises happen. Bearish.
I think that's somewhat deceptive. Looking back, it looks like there's always a pullback after a large rise because you don't consider the rise to end until you see the pullback. Is this the end of the rise and the pullback is near? Or is this the beginning of the rise and the pullback will not be until there's a significant further rallying?

That said, this rise was truly spectacular. And the fundamentals of Ripple and XRP are not 20 times better than they were two months ago. So either XRP is overpriced now or the market was dramatically undervaluing XRP for a very long time. I believe it is the latter. But, of course, I also really want to believe that.
member
Activity: 84
Merit: 10
May 15, 2017, 02:12:01 AM
Hey guys,

first of all thanks for sharing your personal thoughts and opinions. i did enjoy reading them the past 2 months.
personally i hold my xrp since the beginning of march so it was quite a ride for me..  still i am tempting to put a limit there because im not sure if there is further room to grow - but then the other nights xrp is making another step "to the moon" ..

well, guess im holding for now.. but what i want to express in my first post here is that there are comprehensible doubts mentioned by some guys here.. and for me it's important that there is a discussion about them to make sure everyone who's interested investing in xrp knows the pros and cons


i found in another forum the following link: https://www.eventbrite.com/e/jpmorgan-quorum-demo-ripple-tickets-34477559308?aff=ebapi
Quote
JPMorgan Quorum Demo + Ripple
by Blockmatics
Tue, May 16, 2017
6:30 PM – 8:00 PM EDT
come learn about 2 blockchain techologies, Ripple and Quorum.
Ripple is one of the oldest blockchain platforms that is now seeing a resurgence of interest.
Quorum is JP Morgan's blockchain implementation. It's a fork of Ethereum that allows for private transactions, and is a cornerstone technology of the Enterprise Ethereum Alliance. We will be doing a demo of it. Bring your laptop if you'd like to follow along.
The presentation and demos will be followed by time for networking.
6:30 - Doors
6:45 - Presentation on Ripple
7:00 - Quorum overview and demo
7:30-8:00 - Networking
See you there!

Kinda interessting that JPM and Ripple are heading to a joint meeting


don't miss out on the next 4 months. many important results of years of hard work.... all coming together..good luck ..
newbie
Activity: 6
Merit: 0
May 15, 2017, 02:02:37 AM
Hey guys,

first of all thanks for sharing your personal thoughts and opinions. i did enjoy reading them the past 2 months.
personally i hold my xrp since the beginning of march so it was quite a ride for me..  still i am tempting to put a limit there because im not sure if there is further room to grow - but then the other nights xrp is making another step "to the moon" ..

well, guess im holding for now.. but what i want to express in my first post here is that there are comprehensible doubts mentioned by some guys here.. and for me it's important that there is a discussion about them to make sure everyone who's interested investing in xrp knows the pros and cons


i found in another forum the following link: https://www.eventbrite.com/e/jpmorgan-quorum-demo-ripple-tickets-34477559308?aff=ebapi
Quote
JPMorgan Quorum Demo + Ripple
by Blockmatics
Tue, May 16, 2017
6:30 PM – 8:00 PM EDT
come learn about 2 blockchain techologies, Ripple and Quorum.
Ripple is one of the oldest blockchain platforms that is now seeing a resurgence of interest.
Quorum is JP Morgan's blockchain implementation. It's a fork of Ethereum that allows for private transactions, and is a cornerstone technology of the Enterprise Ethereum Alliance. We will be doing a demo of it. Bring your laptop if you'd like to follow along.
The presentation and demos will be followed by time for networking.
6:30 - Doors
6:45 - Presentation on Ripple
7:00 - Quorum overview and demo
7:30-8:00 - Networking
See you there!

Kinda interessting that JPM and Ripple are heading to a joint meeting
member
Activity: 89
Merit: 10
May 14, 2017, 10:16:17 PM
There's always going to be someone wanting his profit as early as possible while he just wait for his sell wall to be broken. That's how they become richer and richer as early adoptor.  Buying millions and setting up a sell wall is an easy profit taking business while the small guys are just waiting for months for the price to go up.

Exactly. Guys make more off day trading in a week then these guys brag about because they held for a few months.

This is where your wrong mr Profitoffothersitis. They make the $/btc and that is how they win. Whether they spend $5000 and get 500,000xrp or they spend $5000 and get 50,000xrp when they buy back in, its the same amount spent regardless of the new price, as long as it goes up they always win regardless of how many tokens that same amount of money bought them. Its only if it goes down do they lose. Sure they could of made more if they held but that's not how they make their daily money and pay their bills.
legendary
Activity: 2758
Merit: 1075
May 14, 2017, 09:27:55 PM
dont panic if you see big sell walls...on xrp soon
they will be destroyed muahahahaa



There's always going to be someone wanting his profit as early as possible while he just wait for his sell wall to be broken. That's how they become richer and richer as early adoptor.  Buying millions and setting up a sell wall is an easy profit taking business while the small guys are just waiting for months for the price to go up.

yea the person that has a sell wall eaten fully they make $/btc profit, they also help push price up ltr  because we all hodl , we dip a lil or go sideways...when they buy back ltr with there btc or fiat they get less xrp unless they dip into their profits from sellin earlier.

also...the sell walls that disapear, not eaten...they are usually fake to get noobies to sell infront so they can buy the noobies coin


( once we shoot up alot, could go very high btw...if we get ddos , or some other shady stuff and dumps happen in next few weeks....im gonna be buyin again from at least 13k as i believe this will be the new floor,around 25cents)

legendary
Activity: 2492
Merit: 1018
May 14, 2017, 09:16:13 PM
dont panic if you see big sell walls...on xrp soon
they will be destroyed muahahahaa



There's always going to be someone wanting his profit as early as possible while he just wait for his sell wall to be broken. That's how they become richer and richer as early adoptor.  Buying millions and setting up a sell wall is an easy profit taking business while the small guys are just waiting for months for the price to go up.
legendary
Activity: 2758
Merit: 1075
May 14, 2017, 09:05:50 PM
dont panic if you see big sell walls...on xrp soon
they will be destroyed muahahahaa

legendary
Activity: 2758
Merit: 1075
May 14, 2017, 09:00:38 PM
it doesnt matter what i think  Cry

oo thats right korea has been waking up this time every day for past 2months and has XRP for breakfast lol

i bet your one of those, china is awake buy guys lol
legendary
Activity: 2492
Merit: 1018
May 14, 2017, 08:58:09 PM
Its doing good considering I sold at its high the other day lol but thanks for asking. I trade where I can, I get in on a few coins where I can, including XRP a long the way....

Bit like yourselves, I guarantee hardly anyone (if anyone at all) does not have other coins they either trade or are hoping will increase. Funny how confident you all are on XRP, why not put all your money on it? infact I believe you said 'all other alts are going to dump to buy XRP a few days ago' LOLOLOLOL

By the way my buy on LTC was just before it being added to Coinbase, no brainer it was going to increase. It doubled and then a small increase after Segwit which is when I bowed out. I guarantee I made more on that trade then I would of on XRP in the same period. Yup Market Cap translates to profit being made. You've gone up 3c since the other day, even dipped down again, nothing to brag about regardless of market cap. The only people loving it are those that got in early, most other people are not reaping much profits from XRP due to their late entry. If I got in on the early days of Bitcoin then no one would compare to that increase but that cant be the argument, let me guess, you got in early....

They are investors who knows how to make money. They won't be putting all their eggs in one basket, they know how volatile these tokens are including bitcoin itself. If they are holding XRP this time, this is because they believe price can go beyond $1. If it fails, they are going to check the altcoins they hold aside to this ripple.
member
Activity: 89
Merit: 10
May 14, 2017, 08:49:54 PM
Yup more rocket pictures since the South Koreans have woken up this morning and decided to buy some cheap coins since they are now available. New coin and free trading will be the only reason for another slight increase, not for any of what Trump calls 'Fake News'. Even I'm getting in on 'some' of that as it was a no brainer to happen.

Like I said Watch what happens with them once the next XRP dump or sideways movement happens, lets hope you don't suffer another DDOS as you will lost them forever back to their stable BTC....
legendary
Activity: 2758
Merit: 1075
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