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Topic: [XRP] Ripple Speculation - page 528. (Read 637326 times)

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?
sr. member
Activity: 322
Merit: 252
April 26, 2017, 09:44:50 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.
member
Activity: 65
Merit: 10
April 26, 2017, 08:38:13 AM
RIPPLE is the mixed bag of altcoins. Really trying to figure out if I should go in again...
legendary
Activity: 2758
Merit: 1075
April 26, 2017, 07:28:26 AM
I first cashed out XRP after making like over 400% with a small amount. But still decide to jump back in cause if this becomes the currency between banks in the future this coin can increase to heights off bitcoin in total cap don't really wanna miss that.

Ripple to Exceed Bitcoin's MarketCap? I believe You're Joking though. I don't see any Cryptocurrency (Including ETH & others) beating Bitcoin to the top spot anytime soon. The way I see it, Ripple wouldn't have a huge pump anytime soon considering It went from 955 sats to it's current price (Which made you those 400% profits)

I kinda said it wrong I mean growing to current market cap and then bitcoin will by a lot higher again. Yea it won't happen anytime soon its a long time investment.

Comparing with bitcoin market is not good because there are many people who are involved in bitcoin trading and value of bitcoin is increasing, even though market capitalization is increasing but the value XRP is not increasing think about it also.
I agree comparing markets for btc and xrp is wrong, they both have different use cases, however both btc and xrp are increasing in trade.
When you mention value, you are wrong again...go check the charts for past 1month+, xrp value has increased many times more than btc value has. Wink
Some could say, btc value is rising because people are trying to buy xrp  Tongue
hero member
Activity: 644
Merit: 500
Transact Safer / Chase Better
April 26, 2017, 02:00:01 AM
I first cashed out XRP after making like over 400% with a small amount. But still decide to jump back in cause if this becomes the currency between banks in the future this coin can increase to heights off bitcoin in total cap don't really wanna miss that.

Ripple to Exceed Bitcoin's MarketCap? I believe You're Joking though. I don't see any Cryptocurrency (Including ETH & others) beating Bitcoin to the top spot anytime soon. The way I see it, Ripple wouldn't have a huge pump anytime soon considering It went from 955 sats to it's current price (Which made you those 400% profits)

I kinda said it wrong I mean growing to current market cap and then bitcoin will by a lot higher again. Yea it won't happen anytime soon its a long time investment.

Comparing with bitcoin market is not good because there are many people who are involved in bitcoin trading and value of bitcoin is increasing, even though market capitalization is increasing but the value XRP is not increasing think about it also.
sr. member
Activity: 1037
Merit: 253
April 25, 2017, 05:45:43 PM
I first cashed out XRP after making like over 400% with a small amount. But still decide to jump back in cause if this becomes the currency between banks in the future this coin can increase to heights off bitcoin in total cap don't really wanna miss that.

Ripple to Exceed Bitcoin's MarketCap? I believe You're Joking though. I don't see any Cryptocurrency (Including ETH & others) beating Bitcoin to the top spot anytime soon. The way I see it, Ripple wouldn't have a huge pump anytime soon considering It went from 955 sats to it's current price (Which made you those 400% profits)

I kinda said it wrong I mean growing to current market cap and then bitcoin will by a lot higher again. Yea it won't happen anytime soon its a long time investment.

If you watch total market capacity, it doubled in just 3 months and it tripple in upcoming 9 months, will not be surprised to see market capacity 70-100 B by beginning 2018, and it all not just BTC, contenders like LTC and XRP already here and ready to take that cake.

So ye, 21 B is nothing considering upcoming investments and FinTech world dramatically changes.
sr. member
Activity: 404
Merit: 252
April 25, 2017, 04:04:54 PM
I first cashed out XRP after making like over 400% with a small amount. But still decide to jump back in cause if this becomes the currency between banks in the future this coin can increase to heights off bitcoin in total cap don't really wanna miss that.

Ripple to Exceed Bitcoin's MarketCap? I believe You're Joking though. I don't see any Cryptocurrency (Including ETH & others) beating Bitcoin to the top spot anytime soon. The way I see it, Ripple wouldn't have a huge pump anytime soon considering It went from 955 sats to it's current price (Which made you those 400% profits)

I kinda said it wrong I mean growing to current market cap and then bitcoin will by a lot higher again. Yea it won't happen anytime soon its a long time investment.
legendary
Activity: 2758
Merit: 1075
April 25, 2017, 11:45:05 AM
so much gd news for XRP...  Smiley
huge week with Nacha today, https://twitter.com/Ripple?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

https://www.benzinga.com/pressreleases/17/04/p9338042/nacha-president-and-ceo-janet-o-estep-delivers-payments-2017-keynote-ad  April 24, 2017
NACHA—The Electronic Payments Association® President and CEO, Janet O. Estep, provided the roadmap for "Innovating to Enhance the Customer Experience" today in a keynote address during the opening session of PAYMENTS 2017. The conference, which is the definitive destination for faster payments education, is being held now through April 26 at the Austin Convention Center in Austin, Texas.
*Last year saw four consecutive quarters of more than 5 billion electronic payments and a 5.4 percent growth rate in ACH transactions over 2015. That translates into more than 25 billion ACH payments with a value of $43 trillion. Shocked Shocked Shocked

then many more big events for the next few months... Wink
https://ripple.com/events/

XRP guys are very busy ... i likes  Cool
newbie
Activity: 43
Merit: 0
April 25, 2017, 11:43:17 AM
Hey guys, I made this Ripple video to explain what Ripple is and why you should invest in it.
Let me know what you think Smiley

We can use all promotions to make XRP great!
https://www.youtube.com/watch?v=An_y-qiGdSM
sr. member
Activity: 322
Merit: 252
April 25, 2017, 10:43:40 AM
I first cashed out XRP after making like over 400% with a small amount. But still decide to jump back in cause if this becomes the currency between banks in the future this coin can increase to heights off bitcoin in total cap don't really wanna miss that.

Ripple to Exceed Bitcoin's MarketCap? I believe You're Joking though. I don't see any Cryptocurrency (Including ETH & others) beating Bitcoin to the top spot anytime soon. The way I see it, Ripple wouldn't have a huge pump anytime soon considering It went from 955 sats to it's current price (Which made you those 400% profits)

Ripple should be a lot higher given the marketcap and its use. I even saw PascalCoin do a jump to .0016 and back to .0002 can't tell me Pascal is worth more than Ripple with a straight face.

imo Xrp should be no less than .0002 and very realistically could be .001. That's not exactly anything that insane when you think about it.
sr. member
Activity: 618
Merit: 292
April 25, 2017, 10:29:51 AM
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
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