TL;DR If it is so good why does the Bank not buy a few billion XRP's and instead make you rich. Since when banks shy away from massive profits?
Anyway i can see your a clueless newbie but you are off topic here, this is the "Ripples XRP Shenanigans discussion" thread
Always start at the beginning
Why call it a 'discussion' thread if you dont want anybody to dissagree with you (with some very valid arguments by the way) ? You only want people here agreeing with you ? Thats not a discussion my friend ^this Censorship Ah Censorship, something the Crooks at Ripple Inc are well familiar with. Come on tell me how many free gifted coins xyz bank received, how many where give to miri, come on, how many billions where given to friends and strategic partners. Why the censorship, does it show the Shenanigans and bribers? Guess what I have news for you anyone can see what miners found what block at what time at Bitcoin, open and transparent as it should be. Meanwhile if you have a valuable contribution regarding Ripple Incs 1960 originating database technology or anything on topic feel free to drop by. On the impending disaster front things don't look better once the massive number of outstanding coins hit the market. Which xrp investor will be willing to pay Ripple investors paycheck when in turn they can just lock an account (as it has been done previously, jeb) Oh sorry hard drive full, we lost all your mooneys For more detail check op
|
|
|
If the sort of dystopian, hyper-inflationary future that gold bugs predict actually happens, it seems likely to me that there will be jackbooted thugs kicking down their doors to take their gold. This has happened before, even in the US.
If they want to steal my bitcoins, they'd better be able to crack SHA-256.
Or crack your knees with a hammer until you give them your private key A don't yell from rooftop that have bitcoins B split it up to different wallets (worst case sacrifice one) C Bitcoin is easier to hide than gold
|
|
|
Ripple can't be that bad if the Bank of England is running a POC with their technology. http://www.bankofengland.co.uk/Documents/fintech/ripplepoc.pdfIn today's world, do you really think an "independent" idea of any sort is allowed to capture such an important social sphere, as currency or monetary utility? Of course one of the main solutions has to be ordained from the "in" crowd. Any other solution will be killed off or tainted. Best to be aware and profit intelligently where possible. TL;DR If it is so good why does the Bank not buy a few billion XRP's and instead make you rich. Since when banks shy away from massive profits? Anyway i can see your a clueless newbie but you are off topic here, this is the "Ripples XRP Shenanigans discussion" thread Always start at the beginning
|
|
|
@MemberBerries Do not worry about doggy accounts here (there is enough of them around), no-one can invest in them.Do worry about doggy companys operating a database and claiming blockchain technology which clearly it is not.@namini Do stay on topic otherwise I will be forced to restart a self-moderating thread. A friendly reminder this is the "Ripples XRP Shenanigans discussion" thread. Always check op
|
|
|
Update on proceedings.
21,71% of all Bitcoins still need a buyer and over 90% (61,71% still held by Ripple Inc. + the looked free give aways) of Ripples XRP's database entries needs someone to buy. Databases tech exist since the 1960, Blockchain tech since January 3 2009 You would think Ripple investors would chip in and help out XRP investors and not just await payment from them.
Main info at thread opening
|
|
|
most of the free gifted tokens to banks and partners are locked. I don't think they give XRP for free considering it worth a lot of money for them, also people always complain Ripple can "dump" coins and now people complain there are lockup agreements preventing exactly that. lol, you are joke. Ripple stated many times strategic partners (Banks, Coinmarketcap, Exchanges, Friends.......) received free tokens. Are you claiming a Bank is not a strategic partner for them. XRP is only worth something because fools like you look at marketcap. Secondary this manly about the other facts like that it is not a decentralized blockchain tech because you can not loose part of a chain, only a on database. Yeah about that, can you provide evidence? Feel free to show exactly where this is stated! Where what is stated? - Are you disputing the fact that xrp genesis ledger is Number 32570 and not Number 0 and consequently can not possible be a decentralized blockchain as it would be impossible to loose part of a chain. Loosing part of the data is only possible on a ordinary centralized database.
- Are you disputing the fact that at a keystroke 20% of all tokens got added to 'circulating supply' and neither price or volume changed any any way, only marketcap increased dramatically.
- Are you disputing the fact that the circulating supply has decreased from time to time (laughable).
Look at beginning of thread to learn and get facts.
|
|
|
most of the free gifted tokens to banks and partners are locked. I don't think they give XRP for free considering it worth a lot of money for them, also people always complain Ripple can "dump" coins and now people complain there are lockup agreements preventing exactly that. lol, you are joke. Ripple stated many times strategic partners (Banks, Coinmarketcap, Exchanges, Friends.......) received free tokens. Are you claiming a Bank is not a strategic partner for them. XRP is only worth something because fools like you look at marketcap. Secondary this manly about the other facts like that it is not a decentralized blockchain tech because you can not loose part of a chain, only a database.
|
|
|
Aaaand more ripple FUD. Why are you guys so scared about ripple? I mean, why all the time and posts to spread FUD?
Do you think btc will remain nr 1? Good. There is no need to spread lies and misinformations!
Only hard core facts here. Where is the fud? Is it the fact the beginning is missing, is it the fact 20% of all xrp's where drooped at a keystrocke, is it the fact price has been falling without new coins being dumped, is it the fact circulating supply is from time to time less (what a joke), is it the fact a doggy company controls 100% of who gets released tokens?
|
|
|
Another clear indicator that a central company is making things up is the fact that in August 2014 20% of total supply became available and both price and volume did not change a bit. Its a rigged game. Bitcoin's Revolutionary Blockchain tech and Ripple's XRP Database with signatures tech
|
|
|
First up we discuss facts here, XRP is not decentralized revolutionary new blockchain technology, it is just a ordinary database with signatures. Almost 80% of all Bitcoins have been mined and available to trade freely. Anyone can mine this revolutionary blockchain tech and get his coins. Ripple's Database with signatures XRP token is solely released by a centralized company. Less than 10% is freely available to trade to date. Of the ~38% circulating supply, most of the free gifted tokens to banks and partners are locked. Or bluntly, the bribery money can't be cashed in for some time. No Bank will ever touch or buy XRP's, only sell the free gifted once. The only purpose of XRP is to transfer money out of XRP 'investors' pocked and into Ripple investors pocked.On a technical side, XRP is presumably the only Token/Coin with the genesis block not being 0, genesis ledger is Number 32570. It alone proves it is not decentralized blockchain, instead it is a central database where they stuffed up and lost the beginning. You can not 'loose' part of a decentralized blockchain.This is what happens when central database servers running out of disk space Ledger 0 to 32569 and Genesis at 32570by contrast proper revolutionary new world changing blockchain technology Genesis at 0 Only with a central database can the circulating supply become less, on revolutionary blockchain tech this is not possible (unless you publicly 'burn' a few million token) What will happen when the other 90% become freely available?
|
|
|
Blockchain tech does away lots of occupations, bankers is one of them. Anyone with some common sense knows that it is impossible for both Bitcoin and XRP to survive long term. One or the other will die eventually. Thats really really long term situation, on the short term (next few years) 20% of Bitcoins still to hit the Market over 90% of XRP still not freely available to trade and someone needs to buy.
BTW, Banks only deal with Ripple the company and not touch there native token (xrp), they started to make there own.
|
|
|
i doubt it'll be widely adopted because no central banks in their right mind would design a crypto in the classic sense. it will be more like xrp and with even more controls. the mass crowd will shun from it.
Lol, you naive brainwashed tv junkie. The mass crowd will applaud it when xyz country pays its welfare recipients in crypto which then can be used in goofment approved shops and nothing else. Full control how much booze ....... the particular address can buy. Once the foot in the door unemployed benefit recipients next,....... A fully controlled coin like Ripples XRP is no problem for any goofment, as many as coins as needed at the desired price.
|
|
|
......... Price could be $700 by then in my opinion
A little bit insanity right there. It would require $ 17.5 Million of new capital flowing in every single day just to hold the price for something which is in unlimited supply. Obviously, if it wants to go higher, it would require even more new money coming in. Bitcoin right now needs $ 4 mil, but 80% of all coins already mined. On top of it, smart contracts on Bitcoin run 100 times faster because no central bottleneck. Depending what happens on August 1.
|
|
|
You are wrong I think. After PoS transition you will see that price will climb much higher than where it is actually.
Why would it climb higher? Is it because there is an unlimited supply? Is it because ETH is a terrible bottleneck for all tokens? Is it because of the forthcoming sidechains on Bitcon, Litecoin or other others to do the same as tokens but a hundred times faster? Is it because you buy eth worth more than 10 million usd daily, forever Is it because you had a dream ? Is it because no high marketcap pos coin exist anymore (marketcap totally useless anyway)
|
|
|
Yes ripple is good for long time Investment due to ripple be adopted by many Banks ripple in the future will be used for remitance business with low fees transaction, i have made investing into ripple too and used https://gatehub.net/ to saving ripple It is official wallet of ripple. Lol at this low-life Ripple investor trying to tickle money out of XRP investors into his pocket. Some Banks in exchange for free gifted XRP have stated that they work with Ripple but will never touch XRP's. Even Ripple themselves have 99.99% of the time no use for the xrp's.
|
|
|
Depending if you see a future for Decentralized hardcore cryptocoins (Bitcoin, Litecoin, Monero, Doge...) or majority Owned by a single entity corporation style run and operated coins (Ethereum, XRP, NEM, Dash...)
|
|
|
|