About Ripple Xrp

[favila]

Hey guys
i would like to hear some opinions about ripple
i'm thinking to invest big on it since i found that a big bank invest $55kk on it last year
but just now its growing
its worth to buy it? do u think that xrp can hit at least $5?  
i was watching the graphics and its always going to $0.07 then down to $0.02 

i think if xrp price can reach to 5 dollar is very dificult
because total suply xrp is very big
total suply xrp 99 billion coin, if xrp price 5 dollar, circulation money 500 billion dollar is amazing, is compare bitcoin only 21 billion dollar

Isn't XRP be permanently destroy for each transaction?

A minuscule amount only.

[kawacaki]

you can see the XRP being destroyed live : https://xrpcharts.ripple.com/#/

[CryptoRama]

Ripple is the currency that was used by one of the country the most, only because in that country other currency wasn't available to transfer money... I think on ripple will get you nothing.

[Stavri]

the ones that earned big money from ripple are already exit. The ones who still keep ripple are desperate newbie investors ). Price will never be like 1 week ago maybe for months or years who knows. But many experienced traders also warned many times that ripple was a baloon.

[Periodik]

the ones that earned big money from ripple are already exit. The ones who still keep ripple are desperate newbie investors ). Price will never be like 1 week ago maybe for months or years who knows. But many experienced traders also warned many times that ripple was a baloon.

I bet Ripple will break previous ath within this year and my bold prediction is it is reachable 3rd quarter of this year. So hodl and have some balls of steel.

[buenav]

you can see the XRP being destroyed live : https://xrpcharts.ripple.com/#/

That's a nice chart which really shows clearly how slowly XRP gets destroyed. Only a few million since XRP was created.

[fistfullofbtc]

i asked on the other thread but it seems ripple labs buys and sells the coin as in may 660 million coins sold, but beginning on this month 300 million take out of circulation, basically they are manipulating the price to increase there profit, which i guess must be around 60-70 million usd  selling xrp alone.

[buenav]

i asked on the other thread but it seems ripple labs buys and sells the coin as in may 660 million coins sold, but beginning on this month 300 million take out of circulation, basically they are manipulating the price to increase there profit, which i guess must be around 60-70 million usd  selling xrp alone.

Oh wow I guess that must be the difference between circulating supply and total supply. I don't know how they calculate circulating supply but maybe there are certain addresses that count a circulating and others considered out of circulation.

[DarkerTV]

Guys, what are your thoughts for Ripple in the next month? Some people say it will grow to 27k, other say it will drop back. I have been holding some time and I'm thinking on sell once it reach 13k.