Author

Topic: [XRP] Ripple Speculation - page 528. (Read 637667 times)

sr. member
Activity: 638
Merit: 254
Supporter of DGB, XEM
April 27, 2017, 03:37:16 PM
I don't understand the Ripple is consider a crypto coin?

Can you explain it ?

dude, there is far to much to explain, you best research and learn...dont understand...keep researching lol

if you goto page 6 on this forum, start reading and following links, you may get a clearer picture of what XRP is.  Wink

XRP is a crypto coin..with magic super powers lol

thank you for always giving info
legendary
Activity: 2758
Merit: 1075
April 27, 2017, 12:25:45 PM
I don't understand the Ripple is consider a crypto coin?

Can you explain it ?

dude, there is far to much to explain, you best research and learn...dont understand...keep researching lol

if you goto page 6 on this forum, start reading and following links, you may get a clearer picture of what XRP is.  Wink

XRP is a crypto coin..with magic super powers lol
newbie
Activity: 17
Merit: 0
April 27, 2017, 10:54:28 AM
I don't understand the Ripple is consider a crypto coin?

Can you explain it ?
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
April 27, 2017, 05:25:59 AM
As long as the development team is taking everything then the coin will have great future, there are many rumors going in coming many banks starts implementing XRP blockchain technology, so that it will boost the value of XRP once it is done.
legendary
Activity: 2758
Merit: 1075
April 26, 2017, 06:49:30 PM
Ripple to Exceed Bitcoin's MarketCap? I believe You're Joking though.

21B will be nothing, when the day has come and XRP is the link for most of the global fiat-transactions....
Wink

Ripple is unique with it's fantastic development team.  It's unique feature comes from it's function as currency as opposed to the paradigm of Bitcoin as money i.e a store of value.  I'm invested in Ripple much in the same way as I would buy shares in a bank.  Still a believer in Bitcoin though as the antithesis of modern banking.  It's always best to hedge your bets and not get too wrapped up in ideology.  
You do seem smart for a newbie lol ,
 xrp is unique, hedging and buy shares in a bank, i agree...but xrp has become more than an ideology...
while some banks are testing xrp..other banks are currently using it internally with staff, soon they will use it with other banks, then they will show it to the public (around 2018)
BTC,ETH,XRP will be added to world fiat basket of currencies, after 40yrs+ the finance system is being upgraded via blockchain tech ( patented rcl leads the way  ) to accomodate, faster,secure and cheaper transfers globally.
IMO this is the only way crypto can go beyond the $billions and become worth multi $trillions in value.


ps--on another note lol, i think btc may dump a bit soon, best get XRP


full member
Activity: 196
Merit: 101
April 26, 2017, 06:33:03 PM
Ripple to Exceed Bitcoin's MarketCap? I believe You're Joking though.

21B will be nothing, when the day has come and XRP is the link for most of the global fiat-transactions....
Wink

Ripple is unique with it's fantastic development team.  It's unique feature comes from it's function as currency as opposed to the paradigm of Bitcoin as money i.e a store of value.  I'm invested in Ripple much in the same way as I would buy shares in a bank.  Still a believer in Bitcoin though as the antithesis of modern banking.  It's always best to hedge your bets and not get too wrapped up in ideology. 
legendary
Activity: 2758
Merit: 1075
April 26, 2017, 06:27:42 PM
Once the new system is in place, our dollar won’t be needed in these countries and a new reserve currency will come into being. All those dollars in foreign accounts will come home, which will annihilate our monetary system.

Also, China just announced that it will stop purchasing our debt (holding dollars in reserve). This will force The Federal Reserve to print even more dollars than the $85 billion it’s currently printing.

Looks like a conspiracy website. Do you really believe that they will/could kill the US dollar?

i dont know about killing the dollar, or how legit the source is...i do know a new monetary system/s is being set-up.
i got some crazy views lol, i cant share them
one view i can share is....we are heading into a cashless society.

always consider the source... conspiracy theorists have said this shit for YEARS. not discounting the legitimacy of china not wanting to purchase US debt, but their economy is also faltering and will likely see a recession on the same scale (or much bigger) than the US in 2008. china has been purchasing gold and selling off treasuries (US debt), for the last few years and it totally makes sense - they're the single largest holder of US debt outside the federal reserve. the US is a massive liability and will never be able to repay the $19+ trillion it owes. china and the rest of the world knows this.

yea m8, true on everything you said there.  im sure its way higher than 19trill, prob nearer $30trill+ lol...
this game runs far more deeper and complex than what we are aware of...the players that put usa in debt are not in debt...
sr. member
Activity: 273
Merit: 252
April 26, 2017, 06:06:31 PM
Once the new system is in place, our dollar won’t be needed in these countries and a new reserve currency will come into being. All those dollars in foreign accounts will come home, which will annihilate our monetary system.

Also, China just announced that it will stop purchasing our debt (holding dollars in reserve). This will force The Federal Reserve to print even more dollars than the $85 billion it’s currently printing.

Looks like a conspiracy website. Do you really believe that they will/could kill the US dollar?

i dont know about killing the dollar, or how legit the source is...i do know a new monetary system/s is being set-up.
i got some crazy views lol, i cant share them
one view i can share is....we are heading into a cashless society.

always consider the source... conspiracy theorists have said this shit for YEARS. not discounting the legitimacy of china not wanting to purchase US debt, but their economy is also faltering and will likely see a recession on the same scale (or much bigger) than the US in 2008. china has been purchasing gold and selling off treasuries (US debt), for the last few years and it totally makes sense - they're the single largest holder of US debt outside the federal reserve. the US is a massive liability and will never be able to repay the $19+ trillion it owes. china and the rest of the world knows this.
member
Activity: 110
Merit: 10
April 26, 2017, 03:35:22 PM
http://www.truthandaction.org/23-countries-now-abandoning-us-dollar-2/

ok guys , im not sure if this is true...but research it...i know i will be..lol


A new world monetary system is being set up right now which will completely kill the US dollar, which is the world’s reserve currency.

23 countries (60% of the world’s GDP) are setting up swap lines which bypass the dollar and SWIFT, which is the dollar-based worldwide financial transaction system.

These countries include Russia, China, India, and even Germany, France, and the United Kingdom.

Once the new system is in place, our dollar won’t be needed in these countries and a new reserve currency will come into being. All those dollars in foreign accounts will come home, which will annihilate our monetary system.

Also, China just announced that it will stop purchasing our debt (holding dollars in reserve). This will force The Federal Reserve to print even more dollars than the $85 billion it’s currently printing.

Looks like a conspiracy website. Do you really believe that they will/could kill the US dollar?
we are heading into a cashless society.

I can agree on that. There is already a limit for cash payment and a cash ban is on it's way in Europe.
member
Activity: 100
Merit: 12
April 26, 2017, 03:02:12 PM
Thanks for the info Mrpumperitis!
Regards...
legendary
Activity: 2758
Merit: 1075
April 26, 2017, 02:47:33 PM
http://www.truthandaction.org/23-countries-now-abandoning-us-dollar-2/

ok guys , im not sure if this is true...but research it...i know i will be..lol


A new world monetary system is being set up right now which will completely kill the US dollar, which is the world’s reserve currency.

23 countries (60% of the world’s GDP) are setting up swap lines which bypass the dollar and SWIFT, which is the dollar-based worldwide financial transaction system.

These countries include Russia, China, India, and even Germany, France, and the United Kingdom.

Once the new system is in place, our dollar won’t be needed in these countries and a new reserve currency will come into being. All those dollars in foreign accounts will come home, which will annihilate our monetary system.

Also, China just announced that it will stop purchasing our debt (holding dollars in reserve). This will force The Federal Reserve to print even more dollars than the $85 billion it’s currently printing.

Looks like a conspiracy website. Do you really believe that they will/could kill the US dollar?
i dont know about killing the dollar, or how legit the source is...i do know a new monetary system/s is being set-up.
i got some crazy views lol, i cant share them
one view i can share is....we are heading into a cashless society.
legendary
Activity: 2758
Merit: 1075
April 26, 2017, 02:39:39 PM
Banks use the ripple blockchain right? But the tokens / ripple coins are something else.
Should this news affect tokens or not?

Banks use the ripple blockchain right? But the tokens / ripple coins are something else.
Should this news affect tokens or not?
https://ripple.com/files/xrp_cost_model_paper.pdf
Very informative, highly reccomend every Rippler reads this.

*
page 9
Now let’s evaluate cost savings to our representative bank using Ripple and XRP as a universal
bridge asset. The cost model below assumes our same respondent bank converts 50 percent
of its payments-related float into XRP after implementing Ripple, custodying the XRP itself.
Banks can either source and custody XRP themselves or contract third-party liquidity providers. Shocked
Currency hedging is the only cost with an initial, short-term increase due to the potential higher
volatility of XRP as a new asset. As XRP gains usage, this volatility is expected to trend downward



The price is being suppressed, it cant stay this price to long as the coins are moving from weaker hands to stronger hands at the current price.
Just like you will never see 1cent XRP ever again, very soon 3cent, 5cents will be a thing of the past
It will move over 10cents soon, then this whole pattern repeats if it drops to 6cents/7cents ( news,price,pump,dump,trolls,panic,qeustions,answers,tears,laughter )
Then after a month or two, it will break the 10cent/20cent price and again pattern repeats.
member
Activity: 110
Merit: 10
April 26, 2017, 02:35:12 PM
http://www.truthandaction.org/23-countries-now-abandoning-us-dollar-2/

ok guys , im not sure if this is true...but research it...i know i will be..lol


A new world monetary system is being set up right now which will completely kill the US dollar, which is the world’s reserve currency.

23 countries (60% of the world’s GDP) are setting up swap lines which bypass the dollar and SWIFT, which is the dollar-based worldwide financial transaction system.

These countries include Russia, China, India, and even Germany, France, and the United Kingdom.

Once the new system is in place, our dollar won’t be needed in these countries and a new reserve currency will come into being. All those dollars in foreign accounts will come home, which will annihilate our monetary system.

Also, China just announced that it will stop purchasing our debt (holding dollars in reserve). This will force The Federal Reserve to print even more dollars than the $85 billion it’s currently printing.

Looks like a conspiracy website. Do you really believe that they will/could kill the US dollar?
member
Activity: 100
Merit: 12
April 26, 2017, 02:29:32 PM
Banks use the ripple blockchain right? But the tokens / ripple coins are something else.
Should this news affect tokens or not?
legendary
Activity: 2758
Merit: 1075
April 26, 2017, 01:26:12 PM
https://finance.yahoo.com/news/75-banks-now-ripples-blockchain-network-162939601.html
Daniel Roberts
Yahoo Finance
April 26, 2017
 Shocked Shocked Shocked Smiley

Here we go...............

ive saw nerd fomo...
ive saw day trader fomo....
i wonder what bankers fomo would look like ?  Cheesy
sr. member
Activity: 2380
Merit: 366
April 26, 2017, 12:10:13 PM
Agreed. XRP is a long term hold, 1 year from now it will have made a lot of people very happy. Every week it seems more banks are looking into the Ripple technology as a replacement for the 40 year old Swift messaging.

Hell I am even already happy holding my XRP in few weeks. But few years will make me merrier for sure. 0.0002 in few months but in few years or even next year this will be at 0.001.
legendary
Activity: 2758
Merit: 1075
April 26, 2017, 11:51:56 AM
https://www.finextra.com/pressarticle/69010/ripple-talks-up-network-effect-with-ten-banks-onboard/wholesale
Ripple talks up network effect with ten banks onboard
35 minutes ago

Ripple, the only blockchain payments provider with proven commercial deployments, announced today the addition of 10 new customers to its growing global network.
These financial institutions include MUFG, BBVA, SEB, Akbank, Axis Bank, YES BANK, SBI Remit, Cambridge Global Payments, Star One Credit Union and eZforex.com, representing some of the world’s largest banks, innovative smaller banks and payment service providers (PSPs). These customers have all turned to Ripple as the blockchain solution that solves the problems of speed, scalability and costs associated with the old way of conducting global payments.


● BBVA, one of the top 50 largest banks in the world, is using Ripple to enable real-time payments between Europe and Mexico.
● Digital banking pioneer and one of Turkey’s largest private banks, Akbank, is the first bank in Turkey to adopt blockchain and is a model for other banks who want to make faster cross-border payments without the need for correspondents.
● Star One is the first credit union to offer Ripple remittances to customers via eZforex.com, demonstrating how smaller banks can lower costs and achieve much greater reach for their customers.
● Cambridge Global Payments and Earthport are collaborating with Ripple to improve the customer experience, increase the reach and reduce the cost of real-time cross-border payments.
*
(many banks making positive comments inc...)
Amresh Acharya, Group President and Head, Global Indian Banking, YES BANK:
India is the largest recipient of personal remittances in the world, and as a leading Indian bank with a strong focus on technology, we are glad to partner with Ripple to realize the enhanced efficiencies of blockchain for real time cross-border payments. This partnership is a continuation of YES BANK’s ethos of using state-of-the-art technology innovation to offer a superior banking experience to our customers.”

 Grin Grin Grin
newbie
Activity: 12
Merit: 0
April 26, 2017, 09:58:09 AM
Agreed. XRP is a long term hold, 1 year from now it will have made a lot of people very happy. Every week it seems more banks are looking into the Ripple technology as a replacement for the 40 year old Swift messaging.
member
Activity: 65
Merit: 10
April 26, 2017, 09:52:46 AM
RIPPLE is the mixed bag of altcoins. Really trying to figure out if I should go in again...

Yea it went up from 650 sats to 2500 now. What a mixed bag  Roll Eyes Even while BTC price rises XRP has stayed the same sideways this entire time BTC rose for 3 weeks XRP still at 2500. How is that a mixed bag? lol

People. XRP supply is going to be burnt with every Ripple transaction. If you think this is going to stay 2500 sats and never rise forever i'd have to say you're probably insane.

You sound a bit sour! All ok?
Jump to: