Topic: [XRP] Ripple Speculation - page 544. (Read 637292 times)

http://www.financemagnates.com/cryptocurrency/trading/ripple-market-cap-well-1-5-billion-xrp-doubles-price/

The Ripple Consensus Ledger (RCL) and Interledger Protocol (ILP) can now communicate with each other, which the developers say is creating a network that can interconnect all the world’s value on ledgers.

The two new features Escrow and Payment Channels, which help to increase the performance and scalability of RCL, became active for all users on Friday. Escrow allows RCL and ILP to communicate to secure XRP for an allotted amount of time or until certain conditions are met.

The new features allow companies to adopt RCL and ILP, and those using the technology will receive the benefits of XRP, providing them with a faster, cheaper experience for cross-border payments.

The developer adds that unlike other systems (alluding to the bitcoin blockchain) which can’t handle many transactions, Ripple’s payments network can now operate at volumes previously seen only by Visa.


well done XRP  

I got lucky Yesterday. I shorted xrp at 55. Price jumped to 70. my liquidation price was 80. i already had 1BTC in Loss.

Was going to close my Position and Site Lagged. When Site came back i closed my Position at 54 with 0.05 Profit.

Won a Losing trade..

Ripple is quite getting more popularity around the western nations. In the recent day ripple is quite increasing in capital along with the growth of value. It can be considered as an small range investment, if the price doesn't move too the loss margin can be decreased.

Yes, true. I think if neccessary, eventually Ripple can increase the supply over 100b, if the price isn´t stable.

I´m not sure about future xrp price, if around 1usd or more or a bit less in the next coupple of year...but for sure Bank and financial istitution are losing money not adopting blockchain technology, that´s an issue to solve.

Just another bunch of crap info from someone who doesn't do research.

The supply of XRP is being burnt on every XRP transaction, so even if that was true it wouldn't even matter because the supply is being burnt on every Ripple transaction in any currency. So if you use Ripple to transfer Canadian to American dollars then that will also burn the XRP supply

They have for sure 100b xrp availlable, speaking of bank or credit card transaction you have to provide a stable price and huge amount of coin. I´m sure all bank will adopt third-part blockchain tecnology, it´s a metter of time. Ripple and stellar are fighting for that reason.

Does this mean there can be 85B XRP dumped at any time by the company and the founders? Can anyone confirm this information, that they own 85% of the Coins for now?

Which are exactly the disadvantages? I'm looking forward to hear more info and news about the coin. It became interesting instantly yesterday for me, I watched the trading volume and its price all day long and didn't expect the day to end in such a huge price increase.

Do you, guys still think it's a good investment..?

Ripple the company and its founders (including Jed McCaleb - the guy who wrote MtGox code) hold up to 85B XRP out of 99 total. There is no clearly defined strategy of distributing those XRP (only Jed's lawsuit agreement and some OTC sales). There is no guarantee that a bank or other FI will ever have to use RCL or XRP for that matter.

The only bank that has ever used RCL for value transfer was Fidor bank. You can still locate the issuing wallets and counterparty transfer to SnapSwapUs. Neither of these services use RCL now.

Professional trading advice detected. 

Depends on the volume, if the volume goes down the price will follow.

What now, its about 4k, price go up or down?

Poloniek really destroyed my trade

I had XRP at 6200, was about to sell at 7000 for a quick profit; then the site froze, now I still hold them... can't sell at 4000.
Just after the freeze, XRP was so cheap to grab. Yet I had no BTC left. IT's the salt to the wound cuz I knew for sure that price would jump back up to about 6xxx, which was what happened. Depositing bitcoin takes some time, and I missed that opportunity.

Now I'm stuck with XRP. I will leave the coins there and comeback later I guess

Imagine if I could sell all XRP at 7000 and the crash happened. I could hit the bank with that opportunity. Unfortunately, I'm on the other end of the knife

Should i keep holding or we never will see XRP at 6-7 cents?

I was a ETH keeper and I changed everything to XRP but Polo screw it up. Any thoughts?

i go away for a few hours to get somemore rocket fuel....and the bears come out to play.... ( well it is gd to shake the tree a few times,weak hands must go lol )

well shorters...time to lose some XRP

Tell you shit, ripple = margin

So everyone buys what's not up to him is like everybody do it, you're all silly!

Ripple pump is over! Whales are moving to Doge now.

repeating    btc $ up, xrp $ up   btc 2 XRP  

ATH in sats and $$ incoming...taking 2nd spot..............

 then journey to #1 begins, it will be a rough...fast ride, enjoy 

https://www.cryptocoinsnews.com/ripple-claims-transaction-thoroughput-now/
Lester Coleman on 02/04/2017
Ripple has introduced new features to improve its Ripple Consensus Ledger (RCL) and Interledger Protocol (ILP) to enhance transaction throughput, especially for cross-border payments. These improvements bring Ripple the same transaction throughput as Visa, the world’s largest payments network, and offer a solution to antiquated cross-border payments. Under the current payment system, with banks struggling to handle rising transaction levels, a transaction can take as long as three to five days.

ILP and RCL can now work together to create a network connecting all types of value on ledgers. The network meets the demands of the traditional financial world, traditional payments and digital assets.

A representative for Ripple told CCN:

The feature updates consist of Escrow and Payment Channels. Escrow allows Ripple Consensus Ledger (RCL) to communicate with the Interledger Protocol (ILP) to lock up payments until a determined time. It completes this task securely without having to trust intermediaries and no single institution is in charge of holding the funds, which is a major benefit to our customers.


its real.....
THE CAKE....and it tastes sooooo gooooooooooood    

guys XRP is the tech that will not only speed up cross borders payments.... its the gateway for all of crypto too  

 1 XRP = $1 , will be the minimum price by end of 2017   it could go beyond if it takes over swift and western union

I have to agree with you