[XRP] Ripple Speculation

[Jdome]

Lets go for 0.50 today! F*ck the haters!

[marlone]

the price went way up yesterday now a little correction.

I know but in spite of all I am little scared. It is real money, not play. In beggining I bought XRP for long term investment but price is pumped incredebly. It rised in very short time.

[electronicash]

What is going on with RIPPLE? Are there any bad news?

what do u expect?a %40 increase everyday?
the price went way up yesterday now a little correction.
2 days ago it was 30 cents now it is 34 cent,does that look like bad news for you?

it goes $0.40 yesterday actually and now back to $0.36. there ain't no bad news i guess. its not so much of a big loss if someone pull his money back to take profit.
we have not yet seen its full potential so its going to be huge still when the development will be  implemented by banks.   

[cryptodax]

Is this a right moment during the correction to get some XRP?
What's the best place to storage them in?
Any wallet etc? I would buy on ShapeShift tho don't know where to storage. Rookie here. xd

[plataoplomo94]

Is this a right moment during the correction to get some XRP?
What's the best place to storage them in?
Any wallet etc? I would buy on ShapeShift tho don't know where to storage. Rookie here. xd

Yes it is, why not ?! Of course you would get more XRP if you bought them one week earlier , but i think the price will get waaaaaaay more higher (thats my opinion ) but at least it is all speculation.
But if you consider all the factors (the upcoming news etc) it is only logical if the price gets higher.

I'am using the Ripple Wallet (Desktop), i never storage them on any website or so, always on a new Computer which is not connected with the internet.

[worthy1]

Just read on polo that the Ripple website just got hit with a DDOS, id imagine we can expect a major drop if thats the case ?

[just_Alice]

Lets go for 0.50 today! F*ck the haters!

Probably not today, but I think we'll see $0.5 pretty soon. Like I said earlier my prediction for Ripple is $2/XRP this year.

We shouldn't compare Ripple with bitcoin in terms of the Max Supply and then state that XRP should cost 5,000 less then BTC, in my opinion, because Ripple potentially can have much more users. Law-abiding people would rather use XRP than BTC, and don't forget that they are the majority.

[JapieAmerika]

What is driving this growth in Ripple? I mean Ethereum is more "public" and better known, yet Ripple just flies up.

[wingfr]

Just read on polo that the Ripple website just got hit with a DDOS, id imagine we can expect a major drop if thats the case ?

Fake
And I don't know why the drop will eventually be stronger than Polo "DDOS".

[worthy1]

Yeh i got a bit nervous there, There is some big buy walls down further (around 1600 sats) so id say there are some people that want to and are confident they will get them filled otherwise they will just buy at the low prices now...

[vsyc]

Just read on polo that the Ripple website just got hit with a DDOS, id imagine we can expect a major drop if thats the case ?

What Ripple website has to do with it price?

[JoelKatz]

What is driving this growth in Ripple? I mean Ethereum is more "public" and better known, yet Ripple just flies up.

I think XRP has been significantly undervalued for a long time. But honestly, even I don't understand this. Part of it is a combination of lots of different things happening at the same time.

Part of it is the fact that transactions on XRP's ledger just work better. The transaction volume supported is higher and the confirmation time is much, much faster. With bitcoin's transaction fees being so high, backlog being so large, and governance being perceived to be breaking down, there was room left for a system to work better. But that doesn't explain why XRP rather than Litecoin or Ethereum.

Another factor is probably that the increased value and liquidity opens up more use cases. One obstacle to using XRP for many applications was that the value and liquidity just weren't there. Now they are. Ripple is pursuing a use case as an intermediary currency for international payments because we think that's where we can do best. But now others are more likely to use XRP for other applications. I think there's also an expectation that XRP's reach will increase as more companies realize how much money they left on the table this past two months by not supporting XRP.

Also, I know this is going to be controversial, but it is a fact that XRP's consensus model fosters better governance than bitcoin's PoW model. Bitcoin's PoW model makes miners major stakeholders -- without enough of them, the blockchain is not secure. And their interest can be averse to those of the users/holders of bitcoin. For a long time, it wasn't an issue. Everyone just wanted the system to work, to grow, and for the price of bitcoin to go up. But now, with transaction fees exceeding the block reward, the miners are pursuing their own interests to the detriment of the rest of the community.

Consensus has no miners -- the users are the sole stakeholders. Mining is inherently centralizing because someone will have the best price for power and the best price for ASICs. Consensus is neither inherently centralizing nor decentralizing. That means it won't be decentralized by itself. It will take work to increase decentralization. But at least we don't have the technology's inherent properties working against us. (And I concede, we have a lot more to do on this front. Also, in compensation for this advantage, consensus also has some disadvantages -- primarily a public good problem with validators.)

This doesn't have to be a big deal. The miners need bitcoin to work and right now it's not working very well. Hopefully bitcoin will work through its governance issues. I truly believe that what's good for bitcoin is good for the space and what's bad for bitcoin is bad for space. We shouldn't be fighting each other over the current market share, we should all be pursuing increased market share. ILP will be good for bitcoin and ethereum too.

[blackhawk101]

the price went way up yesterday now a little correction.

I know but in spite of all I am little scared. It is real money, not play. In beggining I bought XRP for long term investment but price is pumped incredebly. It rised in very short time.

PUT COIN IN COLD WALLET, GO PLAY VIDEO GAME LONG TIME, COME BACK NEXT YEAR

[Andy0990]

the price went way up yesterday now a little correction.

I know but in spite of all I am little scared. It is real money, not play. In beggining I bought XRP for long term investment but price is pumped incredebly. It rised in very short time.

PUT COIN IN COLD WALLET, GO PLAY VIDEO GAME LONG TIME, COME BACK NEXT YEAR

Which cold wallet do you use? 

[favila]

What is driving this growth in Ripple? I mean Ethereum is more "public" and better known, yet Ripple just flies up.

Its all the news about partnerships between banks and the company ripple, plus a load of exchanges in various countries allowing trade in ripple. But the real truth in my opinion is that its just a speculative bubble because the banks don't use the currency (other than a very minimal amount) for the transactions they are talking about doing with it and all the hot money going into ripple from the new exchanges will just as quickly flow out when the price takes a major crash.

[JapieAmerika]

the price went way up yesterday now a little correction.

I know but in spite of all I am little scared. It is real money, not play. In beggining I bought XRP for long term investment but price is pumped incredebly. It rised in very short time.

PUT COIN IN COLD WALLET, GO PLAY VIDEO GAME LONG TIME, COME BACK NEXT YEAR

Which cold wallet do you use? 

This one works for me https://github.com/rippex/ripple-client-desktop

[enhu]

the price went way up yesterday now a little correction.

I know but in spite of all I am little scared. It is real money, not play. In beggining I bought XRP for long term investment but price is pumped incredebly. It rised in very short time.

PUT COIN IN COLD WALLET, GO PLAY VIDEO GAME LONG TIME, COME BACK NEXT YEAR

Which cold wallet do you use? 

This one works for me https://github.com/rippex/ripple-client-desktop

There's also this one https://github.com/jatchili/minimalist-ripple-client Anyone trusted and tried this?
I've been looking for a wallet to store my XRP in a desktop client and i'm not satisfied with the windows wallet because its still not safe.

[RayX12]

Holy shit, those BTC maximalist trying to crash XRP at all cost..
https://cointelegraph.com/news/ripple-14-bln-quarantine-met-with-suspicion-as-website-crashes

[vsyc]

Holy shit, those BTC maximalist trying to crash XRP at all cost..
https://cointelegraph.com/news/ripple-14-bln-quarantine-met-with-suspicion-as-website-crashes

Jerks that kneel to BTC and paid BTC. They fail, thanks to more reputable CoinDesk that is not biased and more informative compared, to this crowd of pseudo writers.

http://www.coindesk.com/ripples-xrp-token-sets-new-time-price-high/
http://www.coindesk.com/ripple-pledges-lock-14-billion-xrp-cryptocurrency/

Only complete idiot will use 4 years graph in both his FUD tweets and media article. And that one is Cointelegraph writer:

https://twitter.com/iamjosephyoung/status/864318097632632832

[Mrpumperitis]

https://www.cryptoninjas.net/2017/05/18/digital-asset-trading-firm-octagon-strategy-launches-ripple-trading/amp/

It was announced today from Octagon Strategy, a Hong Kong-based company specializing in commodity and digital asset trading that they have commenced Ripple (XRP) trading. The notice was made first via company social media.