Topic: [XRP] Ripple Speculation - page 533. (Read 637637 times)
Why xrp coin still low? Not very worth to hold to long.
...but it has infinite supply and controlled by ripple corp.
wrong. 100 billion total, no more can be created per the protocol's rules.
ripple corp / owners can only sell at a mediated rate over a series of years that should stabilize price and enable some degree of trust in the market. they also only own 20% of all shares. although still high, the rest has been (and will be) donated to non-profits, charities, and the ripple foundation to further innovation.
Thanks for explaining that one, another common misconception is somehow XRP has an infinite supply and it does not and as you say no more XRP can ever be created.
On top of that the supply is constantly burnt so the only thing that can happen is less XRP supply over time.
Burning of xrp is something new to me. Is that correct? Or maybe they are burning like 0.001% only or something like those figures. Is burning of supply occurs per annum? Where can I see the writings on this?
Burning XRP? what does it mean, coins are being burned by the company or people should burn the XRP coin.
Then how can they recover the losses to people who invested in XRP, very disgusting.
I have been waiting for the price where XRP should stand for in the market.
I don't think you know what the word disgusting means.
Anyways
Every Ripple transaction burns XRP supply. Nothing disgusting about it.
...but it has infinite supply and controlled by ripple corp.
wrong. 100 billion total, no more can be created per the protocol's rules.
ripple corp / owners can only sell at a mediated rate over a series of years that should stabilize price and enable some degree of trust in the market. they also only own 20% of all shares. although still high, the rest has been (and will be) donated to non-profits, charities, and the ripple foundation to further innovation.
Thanks for explaining that one, another common misconception is somehow XRP has an infinite supply and it does not and as you say no more XRP can ever be created.
On top of that the supply is constantly burnt so the only thing that can happen is less XRP supply over time.
Burning of xrp is something new to me. Is that correct? Or maybe they are burning like 0.001% only or something like those figures. Is burning of supply occurs per annum? Where can I see the writings on this?
Every Ripple transaction burns XRP supply. Read it on Ripples website or read more than one page of this topic and find out the hundred other people this has had to be explained to over and over again
I was thinking of making a coin that is easy convert your money into it. Just post proof of you burning your dollar bills and you get coins.
...but it has infinite supply and controlled by ripple corp.
wrong. 100 billion total, no more can be created per the protocol's rules.
ripple corp / owners can only sell at a mediated rate over a series of years that should stabilize price and enable some degree of trust in the market. they also only own 20% of all shares. although still high, the rest has been (and will be) donated to non-profits, charities, and the ripple foundation to further innovation.
Thanks for explaining that one, another common misconception is somehow XRP has an infinite supply and it does not and as you say no more XRP can ever be created.
On top of that the supply is constantly burnt so the only thing that can happen is less XRP supply over time.
Burning of xrp is something new to me. Is that correct? Or maybe they are burning like 0.001% only or something like those figures. Is burning of supply occurs per annum? Where can I see the writings on this?
Burning XRP? what does it mean, coins are being burned by the company or people should burn the XRP coin.
Then how can they recover the losses to people who invested in XRP, very disgusting.
I have been waiting for the price where XRP should stand for in the market.
...but it has infinite supply and controlled by ripple corp.
wrong. 100 billion total, no more can be created per the protocol's rules.
ripple corp / owners can only sell at a mediated rate over a series of years that should stabilize price and enable some degree of trust in the market. they also only own 20% of all shares. although still high, the rest has been (and will be) donated to non-profits, charities, and the ripple foundation to further innovation.
Thanks for explaining that one, another common misconception is somehow XRP has an infinite supply and it does not and as you say no more XRP can ever be created.
On top of that the supply is constantly burnt so the only thing that can happen is less XRP supply over time.
Burning of xrp is something new to me. Is that correct? Or maybe they are burning like 0.001% only or something like those figures. Is burning of supply occurs per annum? Where can I see the writings on this?
Yes thanks for the clear explaination. A lot of misconceptions about ripple
...but it has infinite supply and controlled by ripple corp.
wrong. 100 billion total, no more can be created per the protocol's rules.
ripple corp / owners can only sell at a mediated rate over a series of years that should stabilize price and enable some degree of trust in the market. they also only own 20% of all shares. although still high, the rest has been (and will be) donated to non-profits, charities, and the ripple foundation to further innovation.
Thanks for explaining that one, another common misconception is somehow XRP has an infinite supply and it does not and as you say no more XRP can ever be created.
On top of that the supply is constantly burnt so the only thing that can happen is less XRP supply over time.
I am wondering how could the developer can only own 20% of all shares? Isn't they initially own 100% of that share? Then they will sell 80% and leaving at most 20% for them? So that is around 20 Billion token if I am not mistaken. Well there is no sane corporation that will dump their holdings to crash the market. It was just laid beautifully but the fact, they will sell when they see the price is going up. Charities and non-profits, do they really exist? Excuse me but I have seen lots of stuff giving grants and stuff to their own organization, I hope Ripple is different.
yes, the founders have (had) 20% of all existing shares to add stability and confidence to xrp. supposedly of that 20%, half of that has been donated to non profits / charities. remember most ceo's, founders, and president's of companies typically retain the majority of shares within a company, so ripple is no different in that sense.
...but it has infinite supply and controlled by ripple corp.
wrong. 100 billion total, no more can be created per the protocol's rules.
ripple corp / owners can only sell at a mediated rate over a series of years that should stabilize price and enable some degree of trust in the market. they also only own 20% of all shares. although still high, the rest has been (and will be) donated to non-profits, charities, and the ripple foundation to further innovation.
I am wondering how could the developer can only own 20% of all shares? Isn't they initially own 100% of that share? Then they will sell 80% and leaving at most 20% for them? So that is around 20 Billion token if I am not mistaken. Well there is no sane corporation that will dump their holdings to crash the market. It was just laid beautifully but the fact, they will sell when they see the price is going up. Charities and non-profits, do they really exist? Excuse me but I have seen lots of stuff giving grants and stuff to their own organization, I hope Ripple is different.
...but it has infinite supply and controlled by ripple corp.
wrong. 100 billion total, no more can be created per the protocol's rules.
ripple corp / owners can only sell at a mediated rate over a series of years that should stabilize price and enable some degree of trust in the market. they also only own 20% of all shares. although still high, the rest has been (and will be) donated to non-profits, charities, and the ripple foundation to further innovation.
What is there to say that the ripple coin should be worth more than it is? Maybe with growth over a year it could be twice what it is, but it has infinite supply and controlled by ripple corp. What other coins with billions of coins in existence are priced as high as ripple? Better off investing in something with low supply. It seems even pink coin could be worth more than ripple coin.
Well XRP has been heavily pumped a few weeks ago, right?
Question must be (in optimistic version):
- How far can it go until end of this month?
- Why will it go there?
I am undecided at the moment. If this brutal push wouldn't have been there I would say: sure moon, urAnus or which ever dimensions, but now?
Question must be (in optimistic version):
- How far can it go until end of this month?
- Why will it go there?
I am undecided at the moment. If this brutal push wouldn't have been there I would say: sure moon, urAnus or which ever dimensions, but now?
You can not call that brutal push imho, XRP was very, very undervalued (around 600 satoshi in march) considering on all assets they own and media they run. I do not expect any dramatic change this month, it might grow up to 3100-3200. I suspect another rise starting from end of May, where a lot of events will be in place (https://ripple.com/events/) up to end of June. I think it can be very good time to go to somewhere 3.5-5k.
XRP is a long term and so far stable currency with big vision and ambitious, do not expect it explode, expect it to be developed.
Ok, I rectify my statement. Let's call it a positive adjustment. However, it was still quite impressive for a coin like XRP (with already existing reputation etc).
In long term, not last
Well XRP has been heavily pumped a few weeks ago, right?
Question must be (in optimistic version):
- How far can it go until end of this month?
- Why will it go there?
I am undecided at the moment. If this brutal push wouldn't have been there I would say: sure moon, urAnus or which ever dimensions, but now?
Question must be (in optimistic version):
- How far can it go until end of this month?
- Why will it go there?
I am undecided at the moment. If this brutal push wouldn't have been there I would say: sure moon, urAnus or which ever dimensions, but now?
You can not call that brutal push imho, XRP was very, very undervalued (around 600 satoshi in march) considering on all assets they own and media they run. I do not expect any dramatic change this month, it might grow up to 3100-3200. I suspect another rise starting from end of May, where a lot of events will be in place (https://ripple.com/events/) up to end of June. I think it can be very good time to go to somewhere 3.5-5k.
XRP is a long term and so far stable currency with big vision and ambitious, do not expect it explode, expect it to be developed.
Ok, I rectify my statement. Let's call it a positive adjustment. However, it was still quite impressive for a coin like XRP (with already existing reputation etc).
Well XRP has been heavily pumped a few weeks ago, right?
Question must be (in optimistic version):
- How far can it go until end of this month?
- Why will it go there?
I am undecided at the moment. If this brutal push wouldn't have been there I would say: sure moon, urAnus or which ever dimensions, but now?
Question must be (in optimistic version):
- How far can it go until end of this month?
- Why will it go there?
I am undecided at the moment. If this brutal push wouldn't have been there I would say: sure moon, urAnus or which ever dimensions, but now?
You can not call that brutal push imho, XRP was very, very undervalued (around 600 satoshi in march) considering on all assets they own and media they run. I do not expect any dramatic change this month, it might grow up to 3100-3200. I suspect another rise starting from end of May, where a lot of events will be in place (https://ripple.com/events/) up to end of June. I think it can be very good time to go to somewhere 3.5-5k.
XRP is a long term and so far stable currency with big vision and ambitious, do not expect it explode, expect it to be developed.
Well XRP has been heavily pumped a few weeks ago, right?
Question must be (in optimistic version):
- How far can it go until end of this month?
- Why will it go there?
I am undecided at the moment. If this brutal push wouldn't have been there I would say: sure moon, urAnus or which ever dimensions, but now?
Question must be (in optimistic version):
- How far can it go until end of this month?
- Why will it go there?
I am undecided at the moment. If this brutal push wouldn't have been there I would say: sure moon, urAnus or which ever dimensions, but now?
Not to the moon, not yo the uranus. Let xrp find another galaxy 
http://www.cityam.com/262966/leaked-files-suggest-us-national-security-agency-accessed
http://www.reuters.com/article/us-usa-cyber-swift-idUSKBN17G1HC
http://www.middleeasteye.net/news/hacked-files-suggest-nsa-penetrated-swift-middle-east-banks-2138045057
Fri Apr 14, 2017
The release included computer code that could be adapted by criminals to break into Swift servers and monitor messaging activity, said Shane Shook, a cybersecurity consultant who has helped banks investigate breaches of their Swift systems.
oo swift's in trouble..........again
Stock up as much XRP as you can while its still soo cheap, the snowball effect is about to begin
http://www.reuters.com/article/us-usa-cyber-swift-idUSKBN17G1HC
http://www.middleeasteye.net/news/hacked-files-suggest-nsa-penetrated-swift-middle-east-banks-2138045057
Fri Apr 14, 2017
The release included computer code that could be adapted by criminals to break into Swift servers and monitor messaging activity, said Shane Shook, a cybersecurity consultant who has helped banks investigate breaches of their Swift systems.
oo swift's in trouble..........again
Stock up as much XRP as you can while its still soo cheap, the snowball effect is about to begin
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