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Topic: [XRP] Ripple Speculation - page 66. (Read 637625 times)

sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
May 20, 2019, 08:13:52 AM

In BTC if everyone shuts down there Raspberry Pi, the core blockchain still functions.
XRP you take away notes its not functioning-period.
How many will fork out the money to get licensed, and how to recoup the money. It is also way more than just the money aspect.

You are right on this point,

ripple labs however has always been quite pro-regulations and quite forward in trying to be compliant, i would be quite surprised if they don't have already a plan for this, which it may be as well pay for the licences since they have quite a lot of funds.

Now i'm curious to see if they ever made any comment on this at all. I'll have a look  Smiley

Whaaaat, Ripple runs all notes.  Full centralization confirmed.
Every note operator must get license. (Currently about 130 active)
On top of that Ripple most likely will be classified a Security (which it is) anyway.

Ripple is only interested to get money for nothing for as long as possible.
full member
Activity: 1064
Merit: 166
May 20, 2019, 08:08:50 AM

In BTC if everyone shuts down there Raspberry Pi, the core blockchain still functions.
XRP you take away notes its not functioning-period.
How many will fork out the money to get licensed, and how to recoup the money. It is also way more than just the money aspect.

You are right on this point,

ripple labs however has always been quite pro-regulations and quite forward in trying to be compliant, i would be quite surprised if they don't have already a plan for this, which it may be as well pay for the licences since they have quite a lot of funds.

Now i'm curious to see if they ever made any comment on this at all. I'll have a look  Smiley
sr. member
Activity: 2674
Merit: 328
May 20, 2019, 08:05:10 AM
................
Fail

Fail alright,  decentralization is not discussed. What is disused is the legal aspects of notes all (master)notes.
It is fair to assume most masternote operators will get license because the earn a lot, LN, xrp..... earn how much?
Countdown the first one gets legal papers served (those things take time).

My point is: if it comes to nodes be expensive, and without full nodes both XRP and BTC can't function,
BTC will die before XRP. Also, even if both XRP and BTC survive because some rich entities decide
to pay big cash to run full nodes, why I would trust (rich) people running BTC nodes more than I shoud
trust (rich) people running XRP nodes?
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
May 20, 2019, 08:01:24 AM
................
Fail

Fail alright,  decentralization is not discussed. What is disused is the legal aspects of notes all (master)notes.
It is fair to assume most masternote operators will get license because the earn a lot, LN, xrp..... earn how much?
Countdown the first one gets legal papers served (those things take time).
sr. member
Activity: 2674
Merit: 328
May 20, 2019, 07:52:24 AM

All saved on Bolchchain, 2020 will be an interesting year.
https://bico.media/1f8e0c5f47b470f3df0f06f3d2939adccc1f2b7dafa0b4a32a69663cda2c6760.pdf
SEC ruling that node operators must have money transmitter license (cost 6 figure sum) and comply with AML/KYC and also every user must scan ID.



If so, this will cause problem for all the cryptocurrencies, not just for ripple, if that is what you are implying.  Otherwise please elaborate further on this.

It causes problems for all note operators, LN and also masternotes..... but not for blockchains.
Miners are not relaying, just signatures, like in a conventional sense a "Notary".  Observing A gave B some money and sign it while not touching the money, money passes through notes, legally complete different.

In BTC if everyone shuts down there Raspberry Pi, the core blockchain still functions.
XRP you take away notes its not functioning-period.
How many will fork out the money to get licensed, and how to recoup the money. It is also way more than just the money aspect.

https://en.bitcoin.it/wiki/Bitcoin_is_not_ruled_by_miners

"If Bitcoin was ruled by miners, then this would currently be quite terrible security-wise. As of 2017, less than 10 individuals command a majority of hashrate. This is probably far more centralized than even most fiat currencies, and completely defeats the main point of Bitcoin, which is to be decentralized money."

"If not much of the economy is running independent full nodes, then Bitcoin is ruled by someone."


Fail (again)
copper member
Activity: 798
Merit: 3
May 20, 2019, 07:43:12 AM
Ripple has still in the position of 3rd according to the market cap in the Coinmarketcap website. This coin is one & only crypto which has got acceptance world wide according to their jurisdiction law for the finance and banking institution. Most of the countries are using this Ripple to make settlement of their cross-border remittances. So, looking at the demand in the market Ripple must surpass the Ethereum from it's second position in future.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
May 20, 2019, 07:22:48 AM

All saved on Bolchchain, 2020 will be an interesting year.
https://bico.media/1f8e0c5f47b470f3df0f06f3d2939adccc1f2b7dafa0b4a32a69663cda2c6760.pdf
SEC ruling that node operators must have money transmitter license (cost 6 figure sum) and comply with AML/KYC and also every user must scan ID.



If so, this will cause problem for all the cryptocurrencies, not just for ripple, if that is what you are implying.  Otherwise please elaborate further on this.

It causes problems for all note operators, LN and also masternotes..... but not for blockchains.
Miners are not relaying, just signatures, like in a conventional sense a "Notary", observing A gave B some money and sign it while not touching the money.  Money passes through notes (touching it, transmitting it from A to B), legally complete different.

In BTC if everyone shuts down there Raspberry Pi, the core blockchain still functions.
XRP you take away notes its not functioning-period.
How many will fork out the money to get licensed, and how to recoup the money. It is also way more than just the money aspect.
full member
Activity: 1064
Merit: 166
May 20, 2019, 07:11:32 AM

All saved on Bolchchain, 2020 will be an interesting year.
https://bico.media/1f8e0c5f47b470f3df0f06f3d2939adccc1f2b7dafa0b4a32a69663cda2c6760.pdf
SEC ruling that node operators must have money transmitter license (cost 6 figure sum) and comply with AML/KYC and also every user must scan ID.



If so, this will cause problem for all the cryptocurrencies, not just for ripple, if that is what you are implying.  Otherwise please elaborate further on this.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
May 20, 2019, 06:32:58 AM
XRP is a gamble not an investment, never was, never will be (property, stocks, mutual funds, shares ..... are investments)
A gamble is just a other expression of "stupidity tax".
Junk XRP is ridiculous overprice (ever product has base price, whats xrp base price?)
No potential, node operators are illegal unless purchased license and comply with MSB  (Liberty Reserve operated 15 years before being shut down)

Right... I'm sure you Mr. Random Guy on Internet is more knowledgeable than a multinational fintech company which operates since 2012.
Maybe you're more knowledgeable even than the government, why don't you write the government a latter to let them know Ripple is using illegal operators? But I guess they are too busy right now with fighting Huawei so that they can sell more iPhones.

All saved on Bolchchain, 2020 will be an interesting year.
https://bico.media/1f8e0c5f47b470f3df0f06f3d2939adccc1f2b7dafa0b4a32a69663cda2c6760.pdf
SEC ruling that node operators must have money transmitter license (cost 6 figure sum) and comply with AML/KYC and also every user must scan ID.

full member
Activity: 1064
Merit: 166
May 20, 2019, 06:32:20 AM
With all the big companies they are having contact, if even one of them is starting to use xrapid they will all follow right after  Cool
Is one of those project where i don't mind to wait years if necessary, you just need to connect the dots  Cool
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
May 20, 2019, 06:14:25 AM
XRP is a gamble not an investment, never was, never will be (property, stocks, mutual funds, shares ..... are investments)
A gamble is just a other expression of "stupidity tax".
Junk XRP is ridiculous overprice (ever product has base price, whats xrp base price?)
No potential, node operators are illegal unless purchased license and comply with MSB  (Liberty Reserve operated 15 years before being shut down)

Right... I'm sure you Mr. Random Guy on Internet is more knowledgeable than a multinational fintech company which operates since 2012.
Maybe you're more knowledgeable even than the government, why don't you write the government a latter to let them know Ripple is using illegal operators? But I guess they are too busy right now with fighting Huawei so that they can sell more iPhones.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
May 20, 2019, 04:41:59 AM
XRP is a gamble not an investment, never was, never will be (property, stocks, mutual funds, shares ..... are investments)
A gamble is just a other expression of "stupidity tax".
Junk XRP is ridiculous overprice (ever product has base price, whats xrp base price?)
No potential, node operators are illegal unless purchased license and comply with MSB  (Liberty Reserve operated 15 years before being shut down)


XRP is a solid investment. Ripple network has with plenty of scope for expansion and to make in-roads in the fintech industry.

Best investment I ever made.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
May 20, 2019, 04:33:05 AM
.....
XRP is a great investment. Low price, great potential.

XRP is a gamble not an investment, never was, never will be (property, stocks, mutual funds, shares ..... are investments)
A gamble is just a other expression of "stupidity tax".
Junk XRP is ridiculous overprice (ever product has base price, whats xrp base price?)
No potential, node operators are illegal unless purchased license and comply with MSB  (Liberty Reserve operated 15 years before being shut down)
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
May 20, 2019, 04:11:21 AM
I am not a ripple's believer but more recent development from their active team makes me buy some to test how it is going in the near future. I started buying just this year and I hope that it will be prosperous to be with this community.


Congratulations on buying, your investment will surley bring you good returns in the short term and excellent returns in the long run.

XRP is a great investment. Low price, great potential.
sr. member
Activity: 840
Merit: 252
May 20, 2019, 03:09:07 AM
I am not a ripple's believer but more recent development from their active team makes me buy some to test how it is going in the near future. I started buying just this year and I hope that it will be prosperous to be with this community.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
May 20, 2019, 02:46:00 AM
The XRP has been in a long-standing trend. There may be an upward signal. Anyway, Ripple likes to surprise me. I think RIPPLE will go for a $ 1 price.
How long are you ready to wait)? I'm looking for some short period manipulations to increase my BTC) So looking on XRP/BTC and waiting... I waited with BTT and Fetch before) Or I should buy it immediately)? To buy or not to buy)
Just hold until the price will reach at that level, treat yourself as a long term holder who knows the wold HODL.
BTT and Fetch are just new coin, it's no major compared to XRP and in the bull market, we have to increase our expectation on XRP.
full member
Activity: 644
Merit: 100
May 20, 2019, 02:41:53 AM
The XRP has been in a long-standing trend. There may be an upward signal. Anyway, Ripple likes to surprise me. I think RIPPLE will go for a $ 1 price.
How long are you ready to wait)? I'm looking for some short period manipulations to increase my BTC) So looking on XRP/BTC and waiting... I waited with BTT and Fetch before) Or I should buy it immediately)? To buy or not to buy)
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
May 19, 2019, 06:09:53 PM
The XRP has been in a long-standing trend. There may be an upward signal. Anyway, Ripple likes to surprise me. I think RIPPLE will go for a $ 1 price.

 Grin

I hope so. I really wish the value of my portfolio to increase !
full member
Activity: 686
Merit: 101
May 19, 2019, 05:50:31 PM
The XRP has been in a long-standing trend. There may be an upward signal. Anyway, Ripple likes to surprise me. I think RIPPLE will go for a $ 1 price.
full member
Activity: 618
Merit: 112
It’s easy to confuse what is with what ought to be
May 19, 2019, 04:45:39 PM

  XRP News Update: May 19th, 2019


Blog Location:    https://xrpcommunity.blog/xrp-news-update-5-19-2019/ 

The XRP news cycle is accelerating!  I break down all the news affecting XRP in my latest blog: 

𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Ripple advertises a new open position titled 'Xpring Community Advocate'; David Schwartz presents at Consensus; Brad Garlinghouse talks to dozens of central bankers; Finablr announces a new Ripple-based payment service with Siam Commercial Bank;   

𝐊𝐚𝐯𝐚 𝐍𝐞𝐰𝐬: Kava publishes an idea for an XRP-backed USD stablecoin called USDX.

𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: RabbitKickClub publishes a guide for those that want to run an XRP validator; Uphold announces a complete elimination of all withdrawal fees for XRP holders; David Schwartz comments about Cobalt; BlueHelix exchange adds an XRP-USDT pairing; and Bitkeep exchange adds both an XRP-USDT and an XRP-BTC pairing;

I hope you enjoy the read!

Thanks & Sincerely,
-Hodor


On Twitter:    https://twitter.com/Hodor/status/1130221351317512194   

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