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Topic: [XRP] Ripple Speculation - page 73. (Read 637625 times)

full member
Activity: 1106
Merit: 103
♦♣♥♠
April 29, 2019, 03:05:06 AM
IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?
But agree, this holy war is simply beautiful)) On the one hand, the adepts under the banner of the other BTP order tapliers


full member
Activity: 644
Merit: 100
April 29, 2019, 01:58:40 AM
IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?
sr. member
Activity: 1099
Merit: 267
April 29, 2019, 01:39:37 AM

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.

Or, even simpler, Ripple currently runs 26% validators, while only 3 biggest BTC pools control enough hashrate to make 51% attack

So you need either 17 players to attack XRP, or 3 to attack BTC

However, the people behind Ripple decides who becomes a trusted validator to include in their Trusted Node List. This is the reason why the Ripple platform is centralized.

Also, where can we see the list of all validators and who is included in the Trusted Node List?

@JollyGood. Agreed. Ripple might make you a lot of bitcoins or fiat similar to other altcoins in the bull market, however, this is not the argument.


70% of buttcoin mining in choyna -> totally decentralised   Grin Cheesy

Drug cartels laundering money trough bitfinex and tether... tether is the only thing that props buttcoin up  Grin



Man plese stop what u are doing, its so obvious
legendary
Activity: 3122
Merit: 1492
April 28, 2019, 10:34:45 PM

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.

Or, even simpler, Ripple currently runs 26% validators, while only 3 biggest BTC pools control enough hashrate to make 51% attack

So you need either 17 players to attack XRP, or 3 to attack BTC

However, the people behind Ripple decides who becomes a trusted validator to include in their Trusted Node List. This is the reason why the Ripple platform is centralized.

Also, where can we see the list of all validators and who is included in the Trusted Node List?

@JollyGood. Agreed. Ripple might make you a lot of bitcoins or fiat similar to other altcoins in the bull market, however, this is not the argument.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
April 28, 2019, 09:27:05 PM
XRP has been in the top 3 crypto by market capital for many years.

It is a great investment.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
April 28, 2019, 06:11:55 PM
XRP fell behind a bit in regard to other coins and people is freaking out!
It'll catch up eventually people, the fact that it's not mineable with a daily emission for miners to dump it will eventually push the price.
sr. member
Activity: 2674
Merit: 328
April 28, 2019, 02:03:17 PM

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.

Or, even simpler, Ripple currently runs 26% validators, while only 3 biggest BTC pools control enough hashrate to make 51% attack

So you need either 17 players to attack XRP, or 3 to attack BTC
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
April 28, 2019, 01:18:44 PM
Xrp is very hard to speculate.

Because the price is getting set by the company which create xrp. It is not decentralized at all.
member
Activity: 294
Merit: 53
April 28, 2019, 01:01:52 PM

However, who decides which nodes, which they call validators but are not automatically validators, are included in the Unique Node List, which should be called Trusted Node List. Who?

Read this from your link.

It's important to understand that merely issuing validation messages does not automatically give your validator a say in the consensus process. Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). If your validator is included in a UNL, it is a trusted validator and its proposals are considered in the consensus process by the servers that trust it.

In any case, do not worry. You will understand in time.


Congrats on cherry picking only parts that prove your point. For clarity, and for ofher people in this thread that would maybe
like real info instead FUD, allow me to copy/paste what you omit:

"Which UNL should I select?
Since anybody can run a validator, the burden is on the network participants to choose a reliable set. Currently, Ripple provides a default and recommended list which we expand based on watching the history of validators operated by Ripple and third parties. Eventually, Ripple intends to remove itself from this process entirely by having network participants select their own lists based on publicly available data about validator quality.

If Ripple recommends adoption of its UNL, doesn’t that create a centralized system?
No. The XRP Ledger network is opt-in. Each participant directly or indirectly chooses its UNL. Should Ripple stop operating or should Ripple act maliciously, participants could change their UNLs to continue using the XRP Ledger"


Keywords are currently and eventually. In this moment in time Ripple is centralized. Only Ripple chooses who to be included in its Trusted Node List. It is also only Ripple who distributes and decides who or where to distribute the undistributed tokens in the platform.

I am not cherry picking.

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.
member
Activity: 1204
Merit: 38
April 28, 2019, 05:53:09 AM
Yes there are lots of changes happening to the people so the speculation on this time will definitely going to be a good Vibes at the end of this year and I am waiting to get my income for my previous investments and that would be lots of opportunities available now to get make profit much more better than before.
legendary
Activity: 3122
Merit: 1492
April 27, 2019, 08:13:41 PM

However, who decides which nodes, which they call validators but are not automatically validators, are included in the Unique Node List, which should be called Trusted Node List. Who?

Read this from your link.

It's important to understand that merely issuing validation messages does not automatically give your validator a say in the consensus process. Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). If your validator is included in a UNL, it is a trusted validator and its proposals are considered in the consensus process by the servers that trust it.

In any case, do not worry. You will understand in time.


Congrats on cherry picking only parts that prove your point. For clarity, and for ofher people in this thread that would maybe
like real info instead FUD, allow me to copy/paste what you omit:

"Which UNL should I select?
Since anybody can run a validator, the burden is on the network participants to choose a reliable set. Currently, Ripple provides a default and recommended list which we expand based on watching the history of validators operated by Ripple and third parties. Eventually, Ripple intends to remove itself from this process entirely by having network participants select their own lists based on publicly available data about validator quality.

If Ripple recommends adoption of its UNL, doesn’t that create a centralized system?
No. The XRP Ledger network is opt-in. Each participant directly or indirectly chooses its UNL. Should Ripple stop operating or should Ripple act maliciously, participants could change their UNLs to continue using the XRP Ledger"


Keywords are currently and eventually. In this moment in time Ripple is centralized. Only Ripple chooses who to be included in its Trusted Node List. It is also only Ripple who distributes and decides who or where to distribute the undistributed tokens in the platform.

I am not cherry picking.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
April 27, 2019, 05:07:28 AM
XRP and Ripple are here for the long run...

When all these funny meme crypto and those launched in a blaze of publicity die-out, XRP and Ripple will be around being used and utilised on a daily basis.
sr. member
Activity: 2674
Merit: 328
April 27, 2019, 03:24:16 AM

However, who decides which nodes, which they call validators but are not automatically validators, are included in the Unique Node List, which should be called Trusted Node List. Who?

Read this from your link.

It's important to understand that merely issuing validation messages does not automatically give your validator a say in the consensus process. Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). If your validator is included in a UNL, it is a trusted validator and its proposals are considered in the consensus process by the servers that trust it.

In any case, do not worry. You will understand in time.


Congrats on cherry picking only parts that prove your point. For clarity, and for ofher people in this thread that would maybe
like real info instead FUD, allow me to copy/paste what you omit:

"Which UNL should I select?
Since anybody can run a validator, the burden is on the network participants to choose a reliable set. Currently, Ripple provides a default and recommended list which we expand based on watching the history of validators operated by Ripple and third parties. Eventually, Ripple intends to remove itself from this process entirely by having network participants select their own lists based on publicly available data about validator quality.

If Ripple recommends adoption of its UNL, doesn’t that create a centralized system?
No. The XRP Ledger network is opt-in. Each participant directly or indirectly chooses its UNL. Should Ripple stop operating or should Ripple act maliciously, participants could change their UNLs to continue using the XRP Ledger"
legendary
Activity: 3122
Merit: 1492
April 26, 2019, 09:23:31 PM



LMAO





Don't laugh, maybe he was away for a year or two and didn't follow latest developments regarding Ripple and XRP

Maybe he was laughing because Sling Blade looks similar to Ripple's chief cryptographer hehehe.

I do not follow Ripple closely. However, unless their developers open the validation process to everyone, Ripple is a centalized payment system and this might make it easier for the SEC to shut it down.

Its open to everyone for quite a long time

https://developers.ripple.com/run-rippled-as-a-validator.html

there is difference between ordinary and trusted validators, but even if you start as ordinary one, you still have a role in network

However, who decides which nodes, which they call validators but are not automatically validators, are included in the Unique Node List, which should be called Trusted Node List. Who?

Read this from your link.

It's important to understand that merely issuing validation messages does not automatically give your validator a say in the consensus process. Other servers ignore your validation messages unless they add your validator to their Unique Node List (UNL). If your validator is included in a UNL, it is a trusted validator and its proposals are considered in the consensus process by the servers that trust it.

In any case, do not worry. You will understand in time.
jr. member
Activity: 224
Merit: 3
April 26, 2019, 10:53:07 AM
xrp is a crazy coin. you cant make any assumption about it. it can be 0.5 dollar or 0.1 dollar. you cant find a reason why it is increasing or decreasing.
Indeed, I agree with you very much, ripple is always a very strange crypto, it always has very unusual periods of increase or decrease, and a very surprising thing about ripple is that it doesn't need any information to achieve that, the pumps do not rely on news, I have felt this problem many times when I rely on ripple news to invest but the result is not satisfactory.But I know one thing is that the value of ripple is very stable and we can invest long term every year when it always has a few moments where it rises very high
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
April 26, 2019, 09:58:31 AM
Ripple is very much alive. I believe XRP will be one of the best crypto investments of 2016.


Just recent news....

@chrislarsensf of @Ripple: 90 banks in the pipeline, 30 in pilots, 10 production. Focused on payments rather than securities. #BISeattle16
https://twitter.com/BankInnovation/status/704430941880524804

Derivatives
https://ripple.com/insights/ripple-partners-with-crypto-facilities-for-xrp-derivatives/

Royal Bank of Canada
http://www.coindesk.com/royal-bank-canada-reveals-blockchain-remittance-trial-ripple/

SBI Holdings invests in, forms joint venture with Ripple
http://finance.yahoo.com/news/ripple-strikes-multi-national-deal-060000917.html
 



XRP and Ripple will be around long after most of these useless crypto dominating the top 100 in CMC have gone.
full member
Activity: 618
Merit: 112
It’s easy to confuse what is with what ought to be
April 26, 2019, 07:01:53 AM
  This Is Crypto   


Blog Location:    https://xrpcommunity.blog/this-is-crypto/   

Crypto - and its volume & volatility - are back!  Find out more & get the latest XRP news in today's blog:

𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: Two economists publish a frightening paper describing how nations could employ negative interest rates on bank deposits.

𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Siam Commercial Bank (SCB) announced that they'd teamed with one of their customers, PTTEX, to implement Ripple tech; Ripple publishes its Q1 2019 XRP Markets Report; and Navin Gupta provides his insights recently in Dubai.

𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: I cover more news from the XRP meetup in Amersfoort; The XRP Zoo conducts an interview with Curis Wang; and PayWithMoon promises they'll be adding XRP support to their Chrome extension. 

I hope you enjoy the read!

Thanks & Sincerely,
-Hodor


On Twitter:    https://twitter.com/Hodor/status/1121742092223561728   
sr. member
Activity: 1037
Merit: 253
April 24, 2019, 03:34:15 PM
Bots awaken!!! Mad gainz are coming!
newbie
Activity: 6
Merit: 0
April 24, 2019, 11:29:49 AM
Might be time to dive in already, anyone has any correlation study XRP/BTC in terms of pricing?

Not a study, sorry, but from personal experience I've noticed that XRP is usually moving in less correlation to BTC.
I remember in 2017 it was steady when BTC was moving up and down... then XRP had a crazy run which was uncorrelated to BTC.

BTC peaked on December 17th, while XRP peaked on January 4th.
Especially interesting is the range between those two dates, since BTC was falling fast after Dec.17th while XRP was rising fast until January 4th.

yes, i saw a similar pattern, so we could use xrp as a kind of "hedge" if that is feasible in the cryptoworld rollercoaster, so interesting tho!
full member
Activity: 644
Merit: 100
April 24, 2019, 06:35:52 AM
xrp is a crazy coin. you cant make any assumption about it. it can be 0.5 dollar or 0.1 dollar. you cant find a reason why it is increasing or decreasing.
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