Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: mah87 on May 13, 2013, 05:48:41 PM



Title: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: mah87 on May 13, 2013, 05:48:41 PM
The value is actually 1$=100xrp what will it be in one year according to you ?

Vote and comment! :)


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 05:53:37 PM
up up


Title: Re: RIPPLE VALUE
Post by: mokahless on May 13, 2013, 06:04:44 PM
I have no $ value concept, mentally, of XRPs. I value them in Bitcoins, even if the Bitcoin price significantly changes. In fact, I value all alternate currencies or anything that I can trade for Bitcoins (easier than for dollars), in Bitcoins. I don't even know the value of XRPs in $ off the top of my head.

I could base it on my last trade though.
1BTC/8000XRP=0.000125BTC/XRP

So 1XRP=$0.014~ (assuming 115$/BTC)

Interesting.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 06:09:59 PM
I have no $ value concept, mentally, of XRPs. I value them in Bitcoins, even if the Bitcoin price significantly changes. In fact, I value all alternate currencies or anything that I can trade for Bitcoins (easier than for dollars), in Bitcoins. I don't even know the value of XRPs in $ off the top of my head.

I could base it on my last trade though.
1BTC/8000XRP=0.000125BTC/XRP

So 1XRP=$0.014~ (assuming 115$/BTC)

Interesting.

Not the good way to think about it :p


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 06:24:44 PM
UP MORE VOTERS!


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 06:38:12 PM
up


Title: Re: RIPPLE VALUE
Post by: LiteBit on May 13, 2013, 06:46:08 PM
I have no $ value concept, mentally, of XRPs. I value them in Bitcoins, even if the Bitcoin price significantly changes. In fact, I value all alternate currencies or anything that I can trade for Bitcoins (easier than for dollars), in Bitcoins. I don't even know the value of XRPs in $ off the top of my head.

I could base it on my last trade though.
1BTC/8000XRP=0.000125BTC/XRP

So 1XRP=$0.014~ (assuming 115$/BTC)

Interesting.

I agree. I match Ripples up to Bitcoin in value.  I'd put 1XRP to around $0.0121 or so (if BTC @ $115)  It will be interesting to see what the free world sees the value as.  It bills itself as currency neutral in relation to being able to use any fiat or digital currency with the Ripple network.  If Bitcoin is my "native" currency I'd value an XRP @ BTC0.000090909090909~  give or take a couple decimal points.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 07:00:36 PM
I have no $ value concept, mentally, of XRPs. I value them in Bitcoins, even if the Bitcoin price significantly changes. In fact, I value all alternate currencies or anything that I can trade for Bitcoins (easier than for dollars), in Bitcoins. I don't even know the value of XRPs in $ off the top of my head.

I could base it on my last trade though.
1BTC/8000XRP=0.000125BTC/XRP

So 1XRP=$0.014~ (assuming 115$/BTC)

Interesting.

I agree. I match Ripples up to Bitcoin in value.  I'd put 1XRP to around $0.0121 or so (if BTC @ $115)  It will be interesting to see what the free world sees the value as.  It bills itself as currency neutral in relation to being able to use any fiat or digital currency with the Ripple network.  If Bitcoin is my "native" currency I'd value an XRP @ BTC0.000090909090909~  give or take a couple decimal points.

I don't think its value will be linked to bitcoin in the future you need to think about $ not BTC that's smarter


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 07:07:49 PM
I have no $ value concept, mentally, of XRPs. I value them in Bitcoins, even if the Bitcoin price significantly changes. In fact, I value all alternate currencies or anything that I can trade for Bitcoins (easier than for dollars), in Bitcoins. I don't even know the value of XRPs in $ off the top of my head.

I could base it on my last trade though.
1BTC/8000XRP=0.000125BTC/XRP

So 1XRP=$0.014~ (assuming 115$/BTC)

Interesting.

I agree. I match Ripples up to Bitcoin in value.  I'd put 1XRP to around $0.0121 or so (if BTC @ $115)  It will be interesting to see what the free world sees the value as.  It bills itself as currency neutral in relation to being able to use any fiat or digital currency with the Ripple network.  If Bitcoin is my "native" currency I'd value an XRP @ BTC0.000090909090909~  give or take a couple decimal points.

1xrp=0.01$ is the actual price , I'm asking what in 1year!


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 07:16:55 PM
XRP's are going to plummet in value as the 50 billion in XRP's are released.  I'm speculating in excess of 100,000 XRP / 1BTC, as it was just a month or two ago. It will eventually pull back over time but to think it's even going to be triple digits / 1BTC just defies logic.  50 BILLION XRP's!!  

To put in perspective, only about 1 billion XRP's have been released so far.   8)



Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 07:23:24 PM
XRP's are going to plummet in value as the 50 billion in XRP's are released.  I'm speculating in excess of 100,000 XRP / 1BTC, as it was just a month or two ago. It will eventually pull back over time but to think it's even going to be triple digits / 1BTC just defies logic.  50 BILLION XRP's!!  

To put in perspective, only about 1 billion XRP's have been released so far.   8)



I don't think 50billion will be released the first year. Even not the second year...


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 07:27:17 PM
XRP's are going to plummet in value as the 50 billion in XRP's are released.  I'm speculating in excess of 100,000 XRP / 1BTC, as it was just a month or two ago. It will eventually pull back over time but to think it's even going to be triple digits / 1BTC just defies logic.  50 BILLION XRP's!!  

To put in perspective, only about 1 billion XRP's have been released so far.   8)



I don't think 50billion will be released the first year. Even not the second year...
Then you're saying they are not coming out of beta for more than 2 years and the system will remain closed-source for more than 2 years?  If that's the case, Ripple will be dead and buried by then.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 07:29:16 PM
XRP's are going to plummet in value as the 50 billion in XRP's are released.  I'm speculating in excess of 100,000 XRP / 1BTC, as it was just a month or two ago. It will eventually pull back over time but to think it's even going to be triple digits / 1BTC just defies logic.  50 BILLION XRP's!!  

To put in perspective, only about 1 billion XRP's have been released so far.   8)



I don't think 50billion will be released the first year. Even not the second year...
Then you're saying they are not coming out of beta for more than 2 years and the system will remain closed-source for more than 2 years?  If that's the case, Ripple will be dead and buried by then.

coin release is not related to open source side in any way


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 07:33:44 PM
XRP's are going to plummet in value as the 50 billion in XRP's are released.  I'm speculating in excess of 100,000 XRP / 1BTC, as it was just a month or two ago. It will eventually pull back over time but to think it's even going to be triple digits / 1BTC just defies logic.  50 BILLION XRP's!!  

To put in perspective, only about 1 billion XRP's have been released so far.   8)



I don't think 50billion will be released the first year. Even not the second year...
Then you're saying they are not coming out of beta for more than 2 years and the system will remain closed-source for more than 2 years?  If that's the case, Ripple will be dead and buried by then.

coin release is not related to open source side in any way

Ok, we'll just see how much credibility they maintain while "open source" and still giving out XRP's at will.  I don't think that's going to fly...but that's why I said speculation and why I also will not pay these crazy prices.  I think it's a recipe for disaster.  They can basically sucker everyone in and then manipulate the market at will.  Remember, they get paid off the XRP's they keep for themselves, which in itself is fine.  But doing it the way you suggest is madness. But that's me.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 07:39:55 PM
XRP's are going to plummet in value as the 50 billion in XRP's are released.  I'm speculating in excess of 100,000 XRP / 1BTC, as it was just a month or two ago. It will eventually pull back over time but to think it's even going to be triple digits / 1BTC just defies logic.  50 BILLION XRP's!!  

To put in perspective, only about 1 billion XRP's have been released so far.   8)



I don't think 50billion will be released the first year. Even not the second year...
Then you're saying they are not coming out of beta for more than 2 years and the system will remain closed-source for more than 2 years?  If that's the case, Ripple will be dead and buried by then.

coin release is not related to open source side in any way

Ok, we'll just see how much credibility they maintain while "open source" and still giving out XRP's at will.  I don't think that's going to fly...but that's why I said speculation and why I also will not pay these crazy prices.  I think it's a recipe for disaster.  They can basically sucker everyone in and then manipulate the market at will.  Remember, they get paid off the XRP's they keep for themselves, which in itself is fine.  But doing it the way you suggest is madness. But that's me.

Cause you didn't understand how ripple works.


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 07:42:03 PM


Cause you didn't understand how ripple works.
Since you offered nothing of substance, are you saying OpenCoin is not planning to make their money off the XRP's they plan to keep?


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 07:44:02 PM


Cause you didn't understand how ripple works.
Since you offered nothing of substance, are you saying OpenCoin is not planning to make their money off the XRP's they plan to keep?

Not in the first steps it would destroy there business, what their gonna do is spread and try to make it grows. Then they may sustain their company grows with a part of the ripple but I'm pretty sure they won't spend the ripple for themself. If the ultimate goal is being rich I don't think they'll do it this way.


Title: Re: RIPPLE VALUE
Post by: jasonslow on May 13, 2013, 07:45:27 PM
Ripple will be 10-50 ripples per dollar in six months after the second giveaways.
1-10 ripples in one year or possibly higher than dollar.

Reasons:
1. Big Names Behind, Great PR, Great Devs
2. Built Exchanger/Trade
3. Easy to use for average people.
4. (not sure) Server Source Code will open source in October
5. Other Advance Features not seen in Bitcoin


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 07:48:26 PM


Cause you didn't understand how ripple works.
Since you offered nothing of substance, are you saying OpenCoin is not planning to make their money off the XRP's they plan to keep?

Not in the first steps it would destroy there business, what their gonna do is spread and try to make it grows. Then they may sustain their company grows with a part of the ripple but I'm pretty sure they won't spend the ripple for themself. If the ultimate goal is being rich I don't think they'll do it this way.

I had a feeling you were the one that didn't understand OpenCoin.  The reality is OpenCoin's only way to profit, is off the XRP's they keep and that's totally fine. 50 billion for themselves.  Knowing that truth though, you can't have 49 Billion XRP's still available to giveaway, once out of beta.  They would crush the markets anytime the please by flooding the markets with XRP at will.  It won't work so these giveaways have to be in the system before they open source or there is no trust in the markets.    

I'm going to find the link to the interview with the CEO where he specifically states how they will profit off XRP's. One sec...


Title: Re: RIPPLE VALUE
Post by: jasonslow on May 13, 2013, 07:56:15 PM
Opencoin best interest is to make ripple successful. Thats the only way they will profits. By flooding/shocking the market they are only losing their profits.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 07:58:54 PM


Cause you didn't understand how ripple works.
Since you offered nothing of substance, are you saying OpenCoin is not planning to make their money off the XRP's they plan to keep?

Not in the first steps it would destroy there business, what their gonna do is spread and try to make it grows. Then they may sustain their company grows with a part of the ripple but I'm pretty sure they won't spend the ripple for themself. If the ultimate goal is being rich I don't think they'll do it this way.

I had a feeling you were the one that didn't understand OpenCoin.  The reality is OpenCoin's only way to profit, is off the XRP's they keep and that's totally fine. 50 billion for themselves.  Knowing that truth though, you can't have 49 Billion XRP's still available to giveaway, once out of beta.  They would crush the markets anytime the please by flooding the markets with XRP at will.  It won't work so these giveaways have to be in the system before they open source or there is no trust in the markets.    

I'm going to find the link to the interview with the CEO where he specifically states how they will profit off XRP's. One sec...


It would be true if they would like to set up a scam. But their ambition is more to become a GIGANTIC START UP like google :)


Title: Re: RIPPLE VALUE
Post by: tclo on May 13, 2013, 08:04:24 PM
Opencoin best interest is to make ripple successful. Thats the only way they will profits. By flooding/shocking the market they are only losing their profits.

Yes their whole business plan is based on XRP being valuable so they have manipulated it to this point already. I'm not sure how much higher than can get it though because the "market cap" is already about the same as Bitcoin's and Ripple is still in beta.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 08:09:46 PM
Opencoin best interest is to make ripple successful. Thats the only way they will profits. By flooding/shocking the market they are only losing their profits.

Yes their whole business plan is based on XRP being valuable so they have manipulated it to this point already. I'm not sure how much higher than can get it though because the "market cap" is already about the same as Bitcoin's and Ripple is still in beta.

no! The point is not making XRP valuable! Making XRP valuable is just a way to spread ripple system. The real goal is to make people an companies using ripple system. If you didn't understand that you didn't understand anythign.


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 08:11:10 PM
I can't find it at the moment but I will.  The only way for OpenCoin to make money is off the XRP value.  Once it's open source, they can't charge fees or anything like that.  Now while it seems illogical for them to want to "Flood the market" there are obvious ways to make money by that sort of manipulation, which even an average trader could recognize.

These current prices are on pure speculation and I applaud those getting 1BTC / 10k XRP.  It's really amusing and the hustle is grand but there's no way these current prices hold.  No way...it's impossible.  49 billion to go.  But thats the risk.  


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 08:12:48 PM
Opencoin best interest is to make ripple successful. Thats the only way they will profits. By flooding/shocking the market they are only losing their profits.

Yes their whole business plan is based on XRP being valuable so they have manipulated it to this point already. I'm not sure how much higher than can get it though because the "market cap" is already about the same as Bitcoin's and Ripple is still in beta.

no! The point is not making XRP valuable! Making XRP valuable is just a way to spread ripple system. The real goal is to make people an companies using ripple system. If you didn't understand that you didn't understand anythign.

Sorry...I don't claim to know everything about OpenCoin and Ripple.  Not by a long shot.  But I know the only way for them to monetize is through holding XRP and hoping they increase in value.  Unless you think these investors are doing all this out of the kindness of their hearts.   ???

I know those currently selling XRP's will fight against this logic because well, it's bad for business but it's not likely to hold.  At least I can't see how it will with that many XRP's remaining to giveaway.  For now, I wont buy at these prices and my guess is prices won't be anywhere near where they are today, one year from now.  50k XRP / 1BTC minimum I'm guessing.  No telling how big or small the next round of giveaways will be and you could see a 100k decrease in value in mere moments after it begins.  Just depends on how THEY decide to release and how much.  Right now, they are in control and as long as there are XRP to giveaway, they will remain in control of the value.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 08:21:42 PM
Opencoin best interest is to make ripple successful. Thats the only way they will profits. By flooding/shocking the market they are only losing their profits.

Yes their whole business plan is based on XRP being valuable so they have manipulated it to this point already. I'm not sure how much higher than can get it though because the "market cap" is already about the same as Bitcoin's and Ripple is still in beta.

no! The point is not making XRP valuable! Making XRP valuable is just a way to spread ripple system. The real goal is to make people an companies using ripple system. If you didn't understand that you didn't understand anythign.

Sorry...I don't claim to know everything about OpenCoin and Ripple.  Not by a long shot.  But I know the only way for them to monetize is through holding XRP and hoping they increase in value.  Unless you think these investors are doing all this out of the kindness of their hearts.   ???

I know those currently selling XRP's will fight against this logic because well, it's bad for business but it's not likely to hold.  At least I can't see how it will with that many XRP's remaining to giveaway.  For now, I wont buy at these prices and my guess is prices won't be anywhere near where they are today, one year from now.  50k XRP / 1BTC minimum I'm guessing.  No telling how big or small the next round of giveaways will be and you could see a 100k decrease in value in mere moments after it begins.  Just depends on how THEY decide to release and how much.  Right now, they are in control and as long as there are XRP to giveaway, they will remain in control of the value.

This won't crash you are dreaming. You don't understand what ripple impact will be. We are just on beta. You're not a crypto user since a long time, you'll probably understand what's going on in a year.


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 08:25:19 PM
Opencoin best interest is to make ripple successful. Thats the only way they will profits. By flooding/shocking the market they are only losing their profits.

Yes their whole business plan is based on XRP being valuable so they have manipulated it to this point already. I'm not sure how much higher than can get it though because the "market cap" is already about the same as Bitcoin's and Ripple is still in beta.

no! The point is not making XRP valuable! Making XRP valuable is just a way to spread ripple system. The real goal is to make people an companies using ripple system. If you didn't understand that you didn't understand anythign.

Sorry...I don't claim to know everything about OpenCoin and Ripple.  Not by a long shot.  But I know the only way for them to monetize is through holding XRP and hoping they increase in value.  Unless you think these investors are doing all this out of the kindness of their hearts.   ???

I know those currently selling XRP's will fight against this logic because well, it's bad for business but it's not likely to hold.  At least I can't see how it will with that many XRP's remaining to giveaway.  For now, I wont buy at these prices and my guess is prices won't be anywhere near where they are today, one year from now.  50k XRP / 1BTC minimum I'm guessing.  No telling how big or small the next round of giveaways will be and you could see a 100k decrease in value in mere moments after it begins.  Just depends on how THEY decide to release and how much.  Right now, they are in control and as long as there are XRP to giveaway, they will remain in control of the value.

This won't crash you are dreaming. You don't understand what ripple impact will be. We are just on beta. You're not a crypto user since a long time, you'll probably understand what's going on in a year.

LOL...ok.  Then buy, buy, buy and go long.  I will not.  That's the gamble.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 08:27:19 PM
Opencoin best interest is to make ripple successful. Thats the only way they will profits. By flooding/shocking the market they are only losing their profits.

Yes their whole business plan is based on XRP being valuable so they have manipulated it to this point already. I'm not sure how much higher than can get it though because the "market cap" is already about the same as Bitcoin's and Ripple is still in beta.

no! The point is not making XRP valuable! Making XRP valuable is just a way to spread ripple system. The real goal is to make people an companies using ripple system. If you didn't understand that you didn't understand anythign.

Sorry...I don't claim to know everything about OpenCoin and Ripple.  Not by a long shot.  But I know the only way for them to monetize is through holding XRP and hoping they increase in value.  Unless you think these investors are doing all this out of the kindness of their hearts.   ???

I know those currently selling XRP's will fight against this logic because well, it's bad for business but it's not likely to hold.  At least I can't see how it will with that many XRP's remaining to giveaway.  For now, I wont buy at these prices and my guess is prices won't be anywhere near where they are today, one year from now.  50k XRP / 1BTC minimum I'm guessing.  No telling how big or small the next round of giveaways will be and you could see a 100k decrease in value in mere moments after it begins.  Just depends on how THEY decide to release and how much.  Right now, they are in control and as long as there are XRP to giveaway, they will remain in control of the value.

This won't crash you are dreaming. You don't understand what ripple impact will be. We are just on beta. You're not a crypto user since a long time, you'll probably understand what's going on in a year.

LOL...ok.  Then buy, buy, buy and go long.  I will not.  That's the gamble.

People was saying the same thing about bitcoin... "what's that scam" I still hear it anyway...


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 08:32:24 PM
I didn't say it was a scam.  I don't believe that at all.  What I said was there is no way, in my mind, they can come out of beta and go open source with 49 billion worth of XRP to still giveaway.  That's just nuts.  That makes no sense.  So to me, that means they have to get them released prior and thus that amount of XRP in the market is going to take some time to come back to even the levels we have today.  Just a month or two ago XRP's hit 150k / 1btc.  Why is it so hard to believe that that wont happen again?  What other result could happen as a result of releasing 49 billion XRP, knowing that there are only 1 billion in circulation now?


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 08:36:47 PM
I didn't say it was a scam.  I don't believe that at all.  What I said was there is no way, in my mind, they can come out of beta and go open source with 49 billion worth of XRP to still giveaway.  That's just nuts.  That makes no sense.  So to me, that means they have to get them released prior and thus that amount of XRP in the market is going to take some time to come back to even the levels we have today.  Just a month or two ago XRP's hit 150k / 1btc.  Why is it so hard to believe that that wont happen again?  What other result could happen as a result of releasing 49 billion XRP, knowing that there are only 1 billion in circulation now?

They will open the code and keep distributing the ripple slowly. that's not hard to understand.


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 08:41:30 PM
I didn't say it was a scam.  I don't believe that at all.  What I said was there is no way, in my mind, they can come out of beta and go open source with 49 billion worth of XRP to still giveaway.  That's just nuts.  That makes no sense.  So to me, that means they have to get them released prior and thus that amount of XRP in the market is going to take some time to come back to even the levels we have today.  Just a month or two ago XRP's hit 150k / 1btc.  Why is it so hard to believe that that wont happen again?  What other result could happen as a result of releasing 49 billion XRP, knowing that there are only 1 billion in circulation now?

They will open the code and keep distributing the ripple slowly. that's not hard to understand.

Again, that's the gamble and pure speculation.  I disagree and that's ok.  

The next giveaway coming up in a couple weeks is expected to reach ~10,000 people.  They could giveaway 100,000 to each one and that's still only 1 billion.  That in itself would be a slow release compared with what's left to give. Not saying they will as no one knows what they will do...but from a calculated risk perspective, knowing that's possible, i know paying 1 BTC /10,000 XRP is crazy.  But again, that's me.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 08:45:14 PM
I didn't say it was a scam.  I don't believe that at all.  What I said was there is no way, in my mind, they can come out of beta and go open source with 49 billion worth of XRP to still giveaway.  That's just nuts.  That makes no sense.  So to me, that means they have to get them released prior and thus that amount of XRP in the market is going to take some time to come back to even the levels we have today.  Just a month or two ago XRP's hit 150k / 1btc.  Why is it so hard to believe that that wont happen again?  What other result could happen as a result of releasing 49 billion XRP, knowing that there are only 1 billion in circulation now?

They will open the code and keep distributing the ripple slowly. that's not hard to understand.

Again, that's the gamble and pure speculation.  I disagree and that's ok.  

The next giveaway coming up in a couple weeks is expected to reach ~10,000 people.  They could giveaway 100,000 to each one and that's still only 1 billion.  That in itself would be a slow release compared with what's left to give. Not saying they will as no one knows what they will do...but from a calculated risk perspective, knowing that's possible, i know paying 1 BTC /10,000 XRP is crazy.  But again, that's me.

Of course there is speculation. But it's not there interest to make the price brutally drop. Early adopter would be disapointed and interest for rippple could die.
By the way how do you know it's around 10 000 people and not 50 000 ? did you read that somewhere ?


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 08:47:33 PM
I didn't say it was a scam.  I don't believe that at all.  What I said was there is no way, in my mind, they can come out of beta and go open source with 49 billion worth of XRP to still giveaway.  That's just nuts.  That makes no sense.  So to me, that means they have to get them released prior and thus that amount of XRP in the market is going to take some time to come back to even the levels we have today.  Just a month or two ago XRP's hit 150k / 1btc.  Why is it so hard to believe that that wont happen again?  What other result could happen as a result of releasing 49 billion XRP, knowing that there are only 1 billion in circulation now?

They will open the code and keep distributing the ripple slowly. that's not hard to understand.

Again, that's the gamble and pure speculation.  I disagree and that's ok.  

The next giveaway coming up in a couple weeks is expected to reach ~10,000 people.  They could giveaway 100,000 to each one and that's still only 1 billion.  That in itself would be a slow release compared with what's left to give. Not saying they will as no one knows what they will do...but from a calculated risk perspective, knowing that's possible, i know paying 1 BTC /10,000 XRP is crazy.  But again, that's me.

Of course there is speculation. But it's not there interest to make the price brutally drop. Early adopter would be disapointed and interest for rippple could die.
By the way how do you know it's around 10 000 people and not 50 000 ? did you read that somewhere ?

That was estimated based on the amount of newsletter subscriptions on the Ripple homepage created before May 9th..  Which is how the next giveaway is being determined.  The number came from the Ripple forums so take that with grain of salt.  Nevertheless, even at 50,000 that would still only be 5 billion @ 100k and again, I have no idea if the giveaway is 100 XRP or 1 million. 


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 08:48:56 PM
I didn't say it was a scam.  I don't believe that at all.  What I said was there is no way, in my mind, they can come out of beta and go open source with 49 billion worth of XRP to still giveaway.  That's just nuts.  That makes no sense.  So to me, that means they have to get them released prior and thus that amount of XRP in the market is going to take some time to come back to even the levels we have today.  Just a month or two ago XRP's hit 150k / 1btc.  Why is it so hard to believe that that wont happen again?  What other result could happen as a result of releasing 49 billion XRP, knowing that there are only 1 billion in circulation now?

They will open the code and keep distributing the ripple slowly. that's not hard to understand.

Again, that's the gamble and pure speculation.  I disagree and that's ok.  

The next giveaway coming up in a couple weeks is expected to reach ~10,000 people.  They could giveaway 100,000 to each one and that's still only 1 billion.  That in itself would be a slow release compared with what's left to give. Not saying they will as no one knows what they will do...but from a calculated risk perspective, knowing that's possible, i know paying 1 BTC /10,000 XRP is crazy.  But again, that's me.

Of course there is speculation. But it's not there interest to make the price brutally drop. Early adopter would be disapointed and interest for rippple could die.
By the way how do you know it's around 10 000 people and not 50 000 ? did you read that somewhere ?

That was estimated based on the amount of newsletter subscriptions on the Ripple homepage created before May 9th..  Which is how the next giveaway is being determined.  That's all I know.

I know but how to you know the estimated newsletter ?


Title: Re: RIPPLE VALUE
Post by: LiteBit on May 13, 2013, 08:49:27 PM
I don't think its value will be linked to bitcoin in the future you need to think about $ not BTC that's smarter

What if I don't live in the US?


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 08:51:07 PM
I didn't say it was a scam.  I don't believe that at all.  What I said was there is no way, in my mind, they can come out of beta and go open source with 49 billion worth of XRP to still giveaway.  That's just nuts.  That makes no sense.  So to me, that means they have to get them released prior and thus that amount of XRP in the market is going to take some time to come back to even the levels we have today.  Just a month or two ago XRP's hit 150k / 1btc.  Why is it so hard to believe that that wont happen again?  What other result could happen as a result of releasing 49 billion XRP, knowing that there are only 1 billion in circulation now?

They will open the code and keep distributing the ripple slowly. that's not hard to understand.

Again, that's the gamble and pure speculation.  I disagree and that's ok.  

The next giveaway coming up in a couple weeks is expected to reach ~10,000 people.  They could giveaway 100,000 to each one and that's still only 1 billion.  That in itself would be a slow release compared with what's left to give. Not saying they will as no one knows what they will do...but from a calculated risk perspective, knowing that's possible, i know paying 1 BTC /10,000 XRP is crazy.  But again, that's me.

Of course there is speculation. But it's not there interest to make the price brutally drop. Early adopter would be disapointed and interest for rippple could die.
By the way how do you know it's around 10 000 people and not 50 000 ? did you read that somewhere ?

That was estimated based on the amount of newsletter subscriptions on the Ripple homepage created before May 9th..  Which is how the next giveaway is being determined.  That's all I know.

I know but how to you know the estimated newsletter ?

They were talking about it in the ripple forum somewhere, that's why I said take it with a grain of salt.  The Ripple ledger says there are less than 9000 ripple accounts, although that doesn't necessarily reflect the number of newsletter subscribers.  But it's a fair indicator I'd say.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 08:51:22 PM
I don't think its value will be linked to bitcoin in the future you need to think about $ not BTC that's smarter

What if I don't live in the US?


LOL -_- I don't live in us either that's not the problem ....


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 08:52:15 PM
I didn't say it was a scam.  I don't believe that at all.  What I said was there is no way, in my mind, they can come out of beta and go open source with 49 billion worth of XRP to still giveaway.  That's just nuts.  That makes no sense.  So to me, that means they have to get them released prior and thus that amount of XRP in the market is going to take some time to come back to even the levels we have today.  Just a month or two ago XRP's hit 150k / 1btc.  Why is it so hard to believe that that wont happen again?  What other result could happen as a result of releasing 49 billion XRP, knowing that there are only 1 billion in circulation now?

They will open the code and keep distributing the ripple slowly. that's not hard to understand.

Again, that's the gamble and pure speculation.  I disagree and that's ok.  

The next giveaway coming up in a couple weeks is expected to reach ~10,000 people.  They could giveaway 100,000 to each one and that's still only 1 billion.  That in itself would be a slow release compared with what's left to give. Not saying they will as no one knows what they will do...but from a calculated risk perspective, knowing that's possible, i know paying 1 BTC /10,000 XRP is crazy.  But again, that's me.

Of course there is speculation. But it's not there interest to make the price brutally drop. Early adopter would be disapointed and interest for rippple could die.
By the way how do you know it's around 10 000 people and not 50 000 ? did you read that somewhere ?

That was estimated based on the amount of newsletter subscriptions on the Ripple homepage created before May 9th..  Which is how the next giveaway is being determined.  That's all I know.

I know but how to you know the estimated newsletter ?

They were talking about it in the ripple forum somewhere, that's why I said take it with a grain of salt.  The Ripple ledger says there are less than 9000 ripple accounts, although that doesn't necessarily reflect the number of newsletter subscribers.  But it's a fair indicator I'd say.

Yep. Interesting. I would like to read that on the ripple forum do you have any link.?


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 08:55:55 PM
If I were you I'd head over there personally and read up.  You seem to speak things as "facts" and don't really seem to be connected to what's going on.  I get that we are doing alot of speculation but my involvement in those forums has allowed me to make the speculations I am standing on.  Your mileage may vary.

www.Ripple.com/forum

If you'd like to see the number of ripple accounts:

https://ripplecharts.com


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 08:58:32 PM
If I were you I'd head over there personally and read up.  You seem to speak things as "facts" and don't really seem to be connected to what's going on.  I get that we are doing alot of speculation but my involvement in those forums has allowed me to make the speculations I am standing on.  Your mileage may vary.

www.Ripple.com/forum



Acually I know the ripple forum and did receive also their letter about giveaway but I was betting more on 50 000 people. But I'll dig into this forum.

10 000 people is not a lot....


Title: Re: RIPPLE VALUE
Post by: Coinseeker on May 13, 2013, 09:00:43 PM
If I were you I'd head over there personally and read up.  You seem to speak things as "facts" and don't really seem to be connected to what's going on.  I get that we are doing alot of speculation but my involvement in those forums has allowed me to make the speculations I am standing on.  Your mileage may vary.

www.Ripple.com/forum



Acually I know the ripple forum and did receive also their letter about giveaway but I was betting more on 50 000 people. But I'll dig into this forum.

10 000 people is not a lot....

Cool...no it's not but even 50k isn't in the grand scheme of things.  As I said, it could be a guesstimate from the ledger as I'm sure no one knows for sure but opencoin, how many signed up for the newsletter, unless it was someone at OpenCoin who said it.  Honestly don't remember.  Anyway, thanks for the dialog.   ;)


Title: Re: RIPPLE VALUE
Post by: LiteBit on May 13, 2013, 09:01:42 PM
I don't think its value will be linked to bitcoin in the future you need to think about $ not BTC that's smarter

What if I don't live in the US?


LOL -_- I don't live in us either that's not the problem ....

Indeed. $ is the problem. That's why I'm not linking anything to $.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 09:07:21 PM
I don't think its value will be linked to bitcoin in the future you need to think about $ not BTC that's smarter

What if I don't live in the US?


LOL -_- I don't live in us either that's not the problem ....

Indeed. $ is the problem. That's why I'm not linking anything to $.

$ is the main bitcoin market and reference value for any crypto currency.


Title: Re: RIPPLE VALUE
Post by: mah87 on May 13, 2013, 09:35:53 PM
up


Title: Re: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: mokahless on May 14, 2013, 01:31:26 AM
What if I think $0 but don't think it is a scam? Or, extremely low. I don't know though.

I don't quite understand ripple. If they are supposed to be a method of exchange, then the XRPs should be invisible to the users. Users should never be able to "hold" XRPs. Users should instead hold other currencies only and exchange.

I also disagree with it being "easy to use." It took me about 10 minutes to figure out how to link to an exchange and make an exchange and transaction. And I had to test it with a small amount first because I wasn't quite sure what was going on. If it took me 10 minutes, most people's grandmothers will never figure it out. This is not "easy."

I am probably not understanding how Ripple is supposed to work. I have been told it is an exchange and XRPs are supposed to act as the "go-between" but frankly, with everything in software, why does there need to be a "go-between?" It just ends up being another currency you have to deal with during the exchange.


Title: Re: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: mah87 on May 14, 2013, 11:32:18 AM
Read more about it cause you don't understand it yet.


Title: Re: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: Grinder on May 14, 2013, 11:44:02 AM
Ripple is what those who are very negative to Bitcoin but doesn't understand it claims Bitcoin is. It is centralized, and all the currency is pre-mined and has to be bought. Ripple is Bitcoin for suckers.


Title: Re: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: melvster on May 14, 2013, 11:50:58 AM
Ripple will trade at about 50k to the btc once more are released in the wild.  There's very little free float right now.

This will give it a market cap of about 20% btc which is fairish for something 3 years younger.

Give or take.

Ripple has the potential to be bigger than bitcoin, but it's untested so far so that would be premature.

However I expect bitcoin to be stronger than the dollar too.  If spain goes pop, btc could be trading over 500


Title: Re: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: melvster on May 14, 2013, 11:52:22 AM
ripple trading at $1 is absurdly optimistic

it's like creating microsoft in a year ... it aint gonna happen



Title: Re: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: mah87 on May 14, 2013, 03:02:08 PM
up MORE VOTERS!!


Title: Re: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: mah87 on May 14, 2013, 05:11:52 PM
up up more voters !


Title: Re: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: mah87 on May 14, 2013, 05:38:10 PM
UPPPPPPPPPPPPPPP


Title: Re: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: TheDarKnight on May 15, 2013, 06:17:18 PM
I think the Ripple Revolution will occur, Ripples will be worth 100 XRP/1 BTC in a year's time. They said it couldn't happen with Bitcoin, but it did. No reason it can't happen again.


Title: Re: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: mah87 on May 15, 2013, 06:42:43 PM
pu up up


Title: Re: RIPPLE VALUE
Post by: OhShei8e on June 01, 2013, 07:49:30 AM
XRP's are going to plummet in value as the 50 billion in XRP's are released.  I'm speculating in excess of 100,000 XRP / 1BTC, as it was just a month or two ago. It will eventually pull back over time but to think it's even going to be triple digits / 1BTC just defies logic.  50 BILLION XRP's!!  

Not necessarily, if it is used heavily in the trade, while Bitcoin is used only for speculative purposes.


Title: Re: What will be the ripple(XRP) value in one year ? GO VOTE NOW !
Post by: inspiredinvestor on July 13, 2013, 10:22:05 AM
i see ripple like the value of a postage stamp, a transport service valued anywhere between 5c to $5. Once it has a framework to exist in, if it becomes the preferred method of transferring currency (any), it will be very exciting.

I am definitely watching this space but it's not a crypto currency.