Topic: [XRP] Ripple Speculation - page 71. (Read 637272 times)

Can you explain more how that escrow system works? Can anyone participate in mining Ripples? I reckon the community should participate in this to help secure the Ripple ledger.

This coin is more invested by institutions and I don't see this coin dump more often.

It's one of the most stable coins in the market as there are only few investors of XRP that could panic easily.
Usually when we speak of institutional money, they are in for a longer team, and they have plans and will not not panic.

Too many big XRP movements these days, including a huge amount of XRP unlocking. Dump incoming soon or is it just those big financial institutions buying XRP from Ripple company wallet? Let's wait and see.

Networks have CEO, CTO....? "Fool seeking greater Fool" to dump on at a later date was never and never will be a fantastic investment.

Some would counter that Ripple is in fact a network and that XRP which runs off that network is a fantastic investment

Ripple is a company selling the XRP hocus-pocus to newb's at massive inflated prices.

Ripple is a crypto. Just because it is centralised does not make it less crypto than altcoins.

I do not see Ripple among the best virtual currencies. Sorry, I cannot call it even the crypto through its centralized nature. It is more interesting to the banks not to the simple investors.

I agree, very bullish market of good crypto has not affected XRP and it's a sign showing XRP market manipulation is failing now. Ripple can't push up XRP shitcoin anymore by fake bot news and people are selling big bags because all are pissed how Ripple shit on holders for founders gain.

https://bitcoinexchangeguide.com/infamous-crypto-twitter-xrp-army-gets-called-out-for-fake-accounts-astroturfing-public-opinion/

That is because XRP is very stable coin. It is excellent to add to any portfolio.

Ripple, unlike the movements in the market, almost does not respond. This may seem very interesting to us, but perhaps the bullish season has not come as you are doing what you do

Lot of fuds and hyping going on at present.each day people hoping to get to the moon but that's not true,current situation only tells pump and dump situation.Ripple launched the X-rapid payments but that doesn't seemed to effect the price.Moreover maximum tokens are possessed by one person.Project is good and people will definitely get some profit but that will not be what many people are expecting based on moon theory.Considering payment system and transactions projects like lumens and litecoin are more effective and transparent.Many people do not like the fact of cetralized tokens.

Who holds in escrow?
A:

A mathematical formula wich releases 1 billion xrp a month and put the unsold back into escrow.
In btc they call that mining.

However does Ripple let everyone or have a consensus process on who to include in the Trusted Node List? Also to who or where did they distribute all the XRP sold by Ripple? I reckon to a few trusted parties by Ripple, correct?

Who holds the XRP in escrow?

It seems such a long time ago when XRP hit $3.20

I hope it starts flying high again soon

Yeah XRP is a great investment for now and for long term, many folks panic when there's a little dip in xrp price then they sell off.
Everyone expecting a bull run in this year or next year so after bull run we will see XRP on high level so XRP also good investment right now. 

  An Idea For Extending XRP's Reach   




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I am holding some XRP, it was a great investment that brought me great returns.

There are several people posting negative things about Ripple and XRP with allegations about it not being "real" crypto but I disagree. XRP and Ripple are fantastic.

I see only success for XRP and Ripple.

Nasdaq GIDS service will list Ripple's price index.

https://coincodex.com/article/3519/xrp-price-index-is-coming-to-nasdaqs-gids-service/

For the hundredth time, the nodes that take care of the consensus are decentralized and open to anyone !!!

Just have a look at the list of validators here: https://xrpcharts.ripple.com/#/validators
Out of the total 117 nodes running on the main net, only 7 are controlled from ripple.com ! (yes I actually counted all the nodes one by one to make sure since CTRL+F was returning a little bigger number)
This is just 5% of the network controlled by Ripple!! 5%


You can read an interesting article and find some graphs about it here: https://ambcrypto.com/uae-is-top-destination-for-token-sales-in-2019-iota-pumps-by-17-as-jaguar-integrates-it-for-data-sharing-access-and-more


As for the actual coins and who owns them, those are locked behind a smart contract which releases the coins in small amounts every month.
Personally I check the "XRP Supply" section found on the bottom of this page: https://ripple.com/xrp/market-performance/, it's updated every month and if you write down these numbers every month  (like I've been doing) you'll get a nice picture of how those coins are handled.

For anyone interested, here is a 1 year comparison of the XRP,
25/03/2018
TOTAL XRP HELD BY RIPPLE 7,097,884,501
TOTAL XRP DISTRIBUTED 39,094,520,623
TOTAL XRP PLACED IN ESCROW 53,800,000,024

14/04/2019
TOTAL XRP HELD BY RIPPLE 6,486,676,982
TOTAL XRP DISTRIBUTED 42,004,966,728
TOTAL XRP PLACED IN ESCROW 51,500,000,013


The above numbers show us that after 1 year...

• 2300 million XRP have left the escrow and 2299m of them are in circulation right now, the 1m XRP difference are burnt coins.
• From 15% of the coins held by XRP in the end of March 2018, we're now at 13%.
• Considering the XRP held by Ripple and the XRP distributed as "coins in circulation" and the XRP placed in escrow as "coins to be mined", XRP had a good yearly inflation rate of 4.74% (for comparison, BTC had about 4.5% and ETH about 7%).

Ofcourse Ripple stills has the potential to earn 51billion of XRP , but this will take about 50 more years.
Ripple promises that they sell their coins on OTC deals which shouldn't affect the trading price in exchanges, but even if they were to dump 100% of the coins they earn to the market, the impact would still be similar to BTC miners dumping 100% of their coins or Ethereum miners dumping 70% of their mined coins.