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Topic: [XRP] Ripple Speculation - page 81. (Read 637272 times)

sr. member
Activity: 2632
Merit: 328
February 13, 2019, 03:11:34 AM
Branko you dont really need to interact with saltybae

He is beyond pathetic lol. Only pops up twice a year and shoots with everything he got and some other made up phantasy claims against ripple and dissappears after a few days.

But its actually good that he appears. Its always an indicator to buy more because we get a rise in value.



But isn't he funny? Even he himself says that XRP is decreasing its max supply over time, yet its not deflanatory
because he's not happy with burn rate, lol...even then, its miniscule right now compared to what it could be.

For comparison, there are about 500 000 XRP transactions per day currently (peak was around 1.6 million)

https://xrpcharts.ripple.com/#/metrics

while SWIFT does around 35 million

https://www.swift.com/about-us/swift-fin-traffic-figures

and we should not forget that high SWIFT prices probably prevent even bigger number and with XRP
prices we could possibly see it measured in billions of transactions per day

sr. member
Activity: 1099
Merit: 267
February 12, 2019, 12:22:22 PM
Branko you dont really need to interact with saltybae

He is beyond pathetic lol. Only pops up twice a year and shoots with everything he got and some other made up phantasy claims against ripple and dissappears after a few days.

But its actually good that he appears. Its always an indicator to buy more because we get a rise in value.

sr. member
Activity: 2632
Merit: 328
February 12, 2019, 12:00:48 PM

XRP made 100 billion coins and burning them since day one, since deflation is built in.
How much Bitcoin got burned?

Time and time again he is lying and scamming by claiming xrp is deflationary.

In 2018 a total of 2 054 976 219 xrp where added to "circulation" increasing (inflating) from 38739144847 to 40794121066 total circulating.
On average that is 5.6 Million xrp per day (5 630 072)

In all of xrp history a total of about 8 million xrp have been destroyed.

Repeating claiming it to be deflationary when even Ripple management distances itself from this fraudulent claim deserve a negative trust rating.

Quote
Destruction of XRP

Whenever a transaction is validated and 0.00001 XRP is burnt, it means that the supply of all XRP in existence reduces by a little bit. However, the rate of destruction is not enough to cause deflation as it is negligible in the short and long term. At current rate, roughly 8,000 XRP is destroyed daily, and it would take about 100 years at the current rate to destroy about 0.3% of all XRP. By the time the supply is significantly reduced, it is likely that the blockchain technology itself will be a thing of the past!

Edit:
Negative trust given. Confirmed lair. For crypto to move forward it needs to free itself from cheats, liars, frauds, scammers........


As you obviously cant do the math or think logically, here are few facts (for others, of course, as obviously reasoning with you is futile):

1. CMC takes "circulating" number of coins as base of calculating market cap and inflation. All other, more serious finance sites like Forbes or Yahoo use total number of coins.
Examples:

https://forbescrypto.com/
https://finance.yahoo.com/u/yahoo-finance/watchlists/crypto-top-market-cap/

Even if some purists will denounce Yahoo and Forbes as "bankster enemy" like fudders here tend to do, its more appropriate to use them when evaluating
another "enemy" crypto asset like XRP, isn't it?

2. This person obviously have no idea what "order of magnitude" means and that those 8000 XRP burnt are drop in a sea if XRP starts to be used for its real use
(assets transfer/exchange)....80 000 or even 800 000 XRP burnt per day, how that sounds to you?

So, negative trust given, as he continues to spread lies and FUD
full member
Activity: 1064
Merit: 166
February 12, 2019, 11:49:27 AM


Well, banking is a bit different beast than mobile phone industry...no way that they will let some newcomer suddenly become first trillionaire, so I bet
there will be a lot of negotiations behind the scene if (and when) will Ripple take SWIFT role

That may be possible, at a certain point SWIFT could even decide to help pave the way to ripple, given his strategic position. It's hard to know what will happen, but ripple is surely making the right moves  Cool
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
February 12, 2019, 09:05:10 AM

XRP made 100 billion coins and burning them since day one, since deflation is built in.
How much Bitcoin got burned?

Time and time again he is lying and scamming by claiming xrp is deflationary.

In 2018 a total of 2 054 976 219 xrp where added to "circulation" increasing (inflating) from 38739144847 to 40794121066 total circulating.
On average that is 5.6 Million xrp per day (5 630 072)

In all of xrp history a total of about 8 million xrp have been destroyed.

Repeating claiming it to be deflationary when even Ripple management distances itself from this fraudulent claim deserve a negative trust rating.

Quote
Destruction of XRP

Whenever a transaction is validated and 0.00001 XRP is burnt, it means that the supply of all XRP in existence reduces by a little bit. However, the rate of destruction is not enough to cause deflation as it is negligible in the short and long term. At current rate, roughly 8,000 XRP is destroyed daily, and it would take about 100 years at the current rate to destroy about 0.3% of all XRP. By the time the supply is significantly reduced, it is likely that the blockchain technology itself will be a thing of the past!

Edit:
Negative trust given. Confirmed lair. For crypto to move forward it needs to free itself from cheats, liars, frauds, scammers........



sr. member
Activity: 2632
Merit: 328
February 12, 2019, 08:16:47 AM

Crypto from design is not a get rich scheme it is wealth preservation by being deflationary.
Scammers and fraudsters changed it to have quick returns with inflation system which is good for short term, long term disaster.
If factual data is FUD in your book so be it, just shows character.  
On average the coin emission rate of Bitcoin was 1860 new mined per day last year, with supply halving every 4 years, in 30 years time, 8 new mined coin come on to market.


XRP made 100 billion coins and burning them since day one, since deflation is built in.
How much Bitcoin got burned?
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
February 12, 2019, 07:37:42 AM
^Making a fuss about the 8 Million "destroyed" xrp is same as adding a drop of water to the ocean and claim sea has risen.

Inflation
2016 xrp 2.8%    Euro 1.14%
2017 xrp 2.4%    Euro 1.35%
2018 xrp 2.05%, Euro 1.73%

About 8 Million xrp have been destroyed so far less than 0.002% per year so adjusted figures are
2016 2.798%,
2017 2.398%
2018 2.0498%

We all know there is over 20 Billion XRP in private hands or  "locked up" as given to friends and not available on open market but officially added to supply to fraudulently raise Marketcap. At some stage those "extra" coins also come to the open market which some one needs to buy.
https://i.ibb.co/tPLgB68/coin-supply.jpg


Well, for you "get rich quick" people, go back to your ponzi schemes with 600% ROI and 90% burned coins per year.

For real, long term business, 8 million destroyed XRPs is quite a lot, specially because its burned with every transaction, and
real XRP usage would increase number of transactions for few orders of magnitude.

Frankly, you're becoming boring with your FUD not because its FUD, but because its stupid, not original, and totally obvious

We got way better fudders in the past, but sadly they got lost somewhere, so now we're down to quality posts, and you.

Crypto from design is not a get rich scheme it is wealth preservation by being deflationary.
Scammers and fraudsters changed it to have quick returns with inflation system which is good for short term, long term disaster.
If factual data is FUD in your book so be it, just shows character.  
On average the coin emission rate of Bitcoin was 1860 new mined per day last year, with supply halving every 4 years, in 30 years time, 8 new mined coin come on to market.
sr. member
Activity: 2632
Merit: 328
February 12, 2019, 06:50:38 AM
^Making a fuss about the 8 Million "destroyed" xrp is same as adding a drop of water to the ocean and claim sea has risen.

Inflation
2016 xrp 2.8%    Euro 1.14%
2017 xrp 2.4%    Euro 1.35%
2018 xrp 2.05%, Euro 1.73%

About 8 Million xrp have been destroyed so far less than 0.002% per year so adjusted figures are
2016 2.798%,
2017 2.398%
2018 2.0498%

We all know there is over 20 Billion XRP in private hands or  "locked up" as given to friends and not available on open market but officially added to supply to fraudulently raise Marketcap. At some stage those "extra" coins also come to the open market which some one needs to buy.
https://i.ibb.co/tPLgB68/coin-supply.jpg



Well, for you "get rich quick" people, go back to your ponzi schemes with 600% ROI and 90% burned coins per year.

For real, long term business, 8 million destroyed XRPs is quite a lot, specially because its burned with every transaction, and
real XRP usage would increase number of transactions for few orders of magnitude.

Frankly, you're becoming boring with your FUD not because its FUD, but because its stupid, not original, and totally obvious

We got way better fudders in the past, but sadly they got lost somewhere, so now we're down to quality posts, and you.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
February 12, 2019, 04:35:46 AM
^Making a fuss about the 8 Million "destroyed" xrp is same as adding a drop of water to the ocean and claim sea has risen.

Inflation
2016 xrp 2.8%    Euro 1.14%
2017 xrp 2.4%    Euro 1.35%
2018 xrp 2.05%, Euro 1.73%

About 8 Million xrp have been destroyed so far less than 0.002% per year so adjusted figures are
2016 2.798%,
2017 2.398%
2018 2.0498%

We all know there is over 20 Billion XRP in private hands or  "locked up" as given to friends and not available on open market but officially added to supply to fraudulently raise Marketcap. At some stage those "extra" coins also come to the open market which some one needs to buy.
https://i.ibb.co/tPLgB68/coin-supply.jpg
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
February 12, 2019, 02:55:28 AM
we all know that riple is a fomo king,...just hodl a bit more, i have faith in 10666-11666 satoshi, i think XRP can hit 1.6 usd this year, btc only 8.5K,...also ETH is ok., yes i see, but BNB is taking ETH pile a bit isnt it? XRP doesnt have a competition...in their filled except XLM

Well... XRP's supply will start getting smaller because some coins are being destroyed with every transaction, so even if it'll take many years for this to start matter, for those of us who invest in XRP as a saving account for the years to come, XRP is the best option.

BTC has a hard cap of 21m coins, though this is almost unreachable if you calculate the reward halving... we're over 100 years away from that. In any case, we can think of BTC as a stable coin of the future. I expect BTC's price to get stabilised after about 10 years.

ETH though is not a long-term investment because it doesn't have a maximum supply, it's more of a "gas" for DAPPs and smart contracts. ETH's price will slowly keep going down while keeping a relative steady market cap.
legendary
Activity: 1554
Merit: 1044
February 11, 2019, 05:10:20 PM
Positive news  Smiley - European Parliament's Interest in Ripple Can Legitimize Cryptocurrency

Ripple and its XRP token are starting to permeate the thoughts and conversations in the European Parliament, which could spell legitimization for cryptocurrencies.

Ripple has always been a cryptocurrency, with its XRP token, that has looked to regulators to get their okay before advancing too far along. Now, there is a lot of ice being broken between the cryptocurrency company and the European Parliament, which is starting to look into the benefits of cryptocurrencies.


Eva Kaili - member of the European Parliament

Eva Kaili, a member of the European parliament, is a strong advocate of cryptocurrencies, and has been since 2014 when the cryptocurrency community viewed her with suspicion, as the belief back then was still that digital assets would be stifled by any form of regulation.

But now, she has been speaking at conferences organised by Ripple, as well as proposing blockchain regulation that is fair and friendly to the EU and is being met with appreciation and nods of heads rather than being shunned like she was before...

https://u.today/ripple-xrp-price-prediction-european-parliaments-interest-in-ripple-can-legitimize-cryptocurrency

sr. member
Activity: 2632
Merit: 328
February 11, 2019, 04:17:02 PM
we all know that riple is a fomo king,...just hodl a bit more, i have faith in 10666-11666 satoshi, i think XRP can hit 1.6 usd this year, btc only 8.5K,...also ETH is ok., yes i see, but BNB is taking ETH pile a bit isnt it? XRP doesnt have a competition...in their filled except XLM

Stellar is not within the same realm of competition. I rather think swift is and much will depend from what will be the outcome against it. Swift could end up like Nokia.


Well, banking is a bit different beast than mobile phone industry...no way that they will let some newcomer suddenly become first trillionaire, so I bet
there will be a lot of negotiations behind the scene if (and when) will Ripple take SWIFT role
full member
Activity: 1064
Merit: 166
February 11, 2019, 04:04:30 PM
we all know that riple is a fomo king,...just hodl a bit more, i have faith in 10666-11666 satoshi, i think XRP can hit 1.6 usd this year, btc only 8.5K,...also ETH is ok., yes i see, but BNB is taking ETH pile a bit isnt it? XRP doesnt have a competition...in their filled except XLM

Stellar is not within the same realm of competition. I rather think swift is and much will depend from what will be the outcome against it. Swift could end up like Nokia.
sr. member
Activity: 728
Merit: 263
February 11, 2019, 07:46:13 AM
Unfortunately, this coin is not growing as fast as the entire cryptocurrency market is growing today. But I still believe in this project.

as we know if you see this coin movement from previous years, the XRP always moves slower than other coins when the market increases, so in my opinion their coins are very suitable if used for long-term investments only and the team continues work hard to continue to develop the project so the future has a very good potential.

So in your dysfunctional world the more inflation the better the long term investment.
Currency never was ever will  be an investment. If it is secured mathematically (crypto), watermarks, Fu Joe's signature does not matter.

Inflation
2016 xrp 2.8%    Euro 1.14%
2017 xrp 2.4%    Euro 1.35%
2018 xrp 2.05%, Euro 1.73%
No supply halving with xrp or euro

in long term xrp is not reliable coin. invest btc or ethereum. you can gain more in long term.
full member
Activity: 616
Merit: 112
It’s easy to confuse what is with what ought to be
February 11, 2019, 07:32:04 AM
Convincing The Muggles: Mainstream Crypto Adoption


Blog Location: https://xrpcommunity.blog/convincing-the-muggles-mainstream-crypto-adoption/

How do we make crypto friendly to those outside the market? I answer this question and cover all the latest news impacting XRP in today's blog!

𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: A new study calls for a $9 trillion dollar digital banking market cap; and an SEC Commissioner publishes her recommendations for crypto rules of the road.

𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: The Asian Banker publishes an interview with Navin Gupta; Eric van Miltenburg speaks on a panel discussion at Binance Blockchain Singapore in late January; and Ripple adds eleven new educational programs to their UBRI partners list.

𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: The number of XRP (funded) wallets breaks 1.5 million; Bitcointrade adds support for XRP; and Abra indicates that XRP holders will be able to purchase securities with their holdings in the future.

I hope you enjoy the read!

Thanks & Sincerely,
-Hodor


On Twitter: https://twitter.com/Hodor/status/1094933726222577664
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
February 10, 2019, 04:42:57 AM
Unfortunately, this coin is not growing as fast as the entire cryptocurrency market is growing today. But I still believe in this project.

as we know if you see this coin movement from previous years, the XRP always moves slower than other coins when the market increases, so in my opinion their coins are very suitable if used for long-term investments only and the team continues work hard to continue to develop the project so the future has a very good potential.

So in your dysfunctional world the more inflation the better the long term investment.
Currency never was ever will  be an investment. If it is secured mathematically (crypto), watermarks, Fu Joe's signature does not matter.

Inflation
2016 xrp 2.8%    Euro 1.14%
2017 xrp 2.4%    Euro 1.35%
2018 xrp 2.05%, Euro 1.73%
No supply halving with xrp or euro
jr. member
Activity: 504
Merit: 1
February 10, 2019, 04:33:48 AM
yeah its slow ,.... then it makes sudden moves to the upside, and dumps,...man im begining to hate it...despite i am all on non margin and margin.

https://www.tradingview.com/x/Ks7yd7mX/
full member
Activity: 644
Merit: 100
February 08, 2019, 06:10:41 PM
Unfortunately, this coin is not growing as fast as the entire cryptocurrency market is growing today. But I still believe in this project.

as we know if you see this coin movement from previous years, the XRP always moves slower than other coins when the market increases, so in my opinion their coins are very suitable if used for long-term investments only and the team continues work hard to continue to develop the project so the future has a very good potential.
member
Activity: 392
Merit: 10
February 08, 2019, 04:50:57 PM
Unfortunately, this coin is not growing as fast as the entire cryptocurrency market is growing today. But I still believe in this project.
legendary
Activity: 1554
Merit: 1044
February 08, 2019, 04:12:08 PM
Very good news for the XRP community in this video: "BREAKING NEWS! - Binance Has Plans To Use Ripple xRapid - Will Add More XRP Pairs - CZ Binance AMA"

https://www.youtube.com/watch?v=ozwonTP8NME
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