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Author Topic: [XRP] Ripple Speculation  (Read 636381 times)
vanhalendlrband
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May 02, 2017, 07:29:45 PM
 #741

What exactly SBI refers to, I am really confusing about XRP because whether to hold or sell. Som people are telling that XRP blockchain attracted many banks. So the price XRP will be soaring in coming days, some people are saying it will increase the price and it falls to where it was before.

That's why it's called speculation. You simply do not need to understand it. Just ride along. Do you know people also speculate about XRP surpassing Bitcoin and achieving a $100 Billion Marketcap? Yeah, That too.

Considering current price of BTC, it requires 40B capacity to get 1$ per XRP, so it has to be ~ 0.00075 BTC, this is 20 times of what it is now.

Now, important to understand, XRP has value, its an asset. To have a price it needs to have an exchange and demand, which is what guys working on and that will start happening, when settlement/remittance will start taking place, when IoV will enter IoT, when XRP get listed on FX or alternate one.

XRP does not give a shit about BTC, and does not depends on it, put it on cold storage and forget about Poloniex/Kraken, as both of them centralise XRP value around BTC. But this is again has nothing to do with XRP itself.

And why I waste time explaining that....

Not a waste sir, not a waste at all. Its very important that people know what you just stated. XRP is not BTC dependent.
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May 02, 2017, 09:23:39 PM
 #742

Where do you guys store your Ripple? I'm new to them I have bought some of it on kraken. I did visit their forum but seem like I can't find their wallet guide.
Care to point me where I can find it please?

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May 02, 2017, 09:37:35 PM
 #743

What exactly SBI refers to, I am really confusing about XRP because whether to hold or sell. Som people are telling that XRP blockchain attracted many banks. So the price XRP will be soaring in coming days, some people are saying it will increase the price and it falls to where it was before.

That's why it's called speculation. You simply do not need to understand it. Just ride along. Do you know people also speculate about XRP surpassing Bitcoin and achieving a $100 Billion Marketcap? Yeah, That too.

Considering current price of BTC, it requires 40B capacity to get 1$ per XRP, so it has to be ~ 0.00075 BTC, this is 20 times of what it is now.

Now, important to understand, XRP has value, its an asset. To have a price it needs to have an exchange and demand, which is what guys working on and that will start happening, when settlement/remittance will start taking place, when IoV will enter IoT, when XRP get listed on FX or alternate one.

XRP does not give a shit about BTC, and does not depends on it, put it on cold storage and forget about Poloniex/Kraken, as both of them centralise XRP value around BTC. But this is again has nothing to do with XRP itself.

And why I waste time explaining that....

Not a waste sir, not a waste at all. Its very important that people know what you just stated. XRP is not BTC dependent.

Thank you Sir,

Where do you guys store your Ripple? I'm new to them I have bought some of it on kraken. I did visit their forum but seem like I can't find their wallet guide.
Care to point me where I can find it please?

Wallet as a Cold Storage only available on GateHub (also they know you secret)(also they store your secret), also you can have a look here:

https://www.xrpchat.com/topic/998-official-cold-wallet-from-ripplecom/?page=2
https://www.xrpchat.com/topic/2933-cold-storage-of-ripple/?page=2

If you want maximum privacy.
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May 02, 2017, 10:15:02 PM
 #744

What exactly SBI refers to, I am really confusing about XRP because whether to hold or sell. Som people are telling that XRP blockchain attracted many banks. So the price XRP will be soaring in coming days, some people are saying it will increase the price and it falls to where it was before.

That's why it's called speculation. You simply do not need to understand it. Just ride along. Do you know people also speculate about XRP surpassing Bitcoin and achieving a $100 Billion Marketcap? Yeah, That too.

Considering current price of BTC, it requires 40B capacity to get 1$ per XRP, so it has to be ~ 0.00075 BTC, this is 20 times of what it is now.

Now, important to understand, XRP has value, its an asset. To have a price it needs to have an exchange and demand, which is what guys working on and that will start happening, when settlement/remittance will start taking place, when IoV will enter IoT, when XRP get listed on FX or alternate one.

XRP does not give a shit about BTC, and does not depends on it, put it on cold storage and forget about Poloniex/Kraken, as both of them centralise XRP value around BTC. But this is again has nothing to do with XRP itself.

And why I waste time explaining that....

Very well said...spot on m8  Smiley

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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May 02, 2017, 10:23:50 PM
 #745

any update on the BAFT
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May 02, 2017, 10:31:09 PM
 #746

any update on the BAFT
not yet..usually takes a few days for us mortals to get the full info  Cheesy

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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May 02, 2017, 10:47:59 PM
 #747

Ripple exists since 2013 if I don't make a mistake, and since 4 years the value of this coin didn't grow up or maybe a little.

How can you be sure that it will suddenly change ? Why ? And when ?

I'm new here so I try to learn Smiley

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Mrpumperitis
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May 02, 2017, 11:07:33 PM
Last edit: May 02, 2017, 11:36:13 PM by Mrpumperitis
 #748

Ripple exists since 2013 if I don't make a mistake, and since 4 years the value of this coin didn't grow up or maybe a little.

How can you be sure that it will suddenly change ? Why ? And when ?

I'm new here so I try to learn Smiley

i had XRP in 2013 & 2014...i was getting around 10 xrp for 1cent...i told many people it will eventually goto 1 xrp = 1cent  Wink (this was due to speculation)
so from 2013 to 2017 a rough 10x has been achieved.

as the yrs passed so much happened in crpyto, fud and other things,
 i took my eye of xrp...got caught up in the whole decentralzed vs centralized ideaolgy,
only came back to XRP in march 2017...luckily somehow it was almost exactly where i left it..around 1 cent for 1 xrp.

Now XRP has real use cases and can change is changing the entire worlds finance...in 6weeks, it has done around 10x in price increase.
The new price increase is not speculation..its real asset adoption.
Give this 6months, it will have done at least 50x increase in value as XRP tech becomes the backbone of finance.
Give it 6years and it will be over 500x increase in value as real adoption of crypto takes place.


ps..if you bought $1k of XRP in 2013 and held till today ...$1k would be worth over $100k !!! (roughly, could be higher)

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
Orias67
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May 02, 2017, 11:41:29 PM
 #749

@Mrpumperitis

Ho I didn't expect an answer so much complet. Thank you very much for this explication, I think I will open a Ripple wallet (I don't know which is the best but I will check) and put 10 or 20$ on it just in case Smiley

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Mrpumperitis
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May 03, 2017, 12:00:05 AM
Last edit: May 04, 2017, 12:33:56 AM by mprep
 #750

@Mrpumperitis

Ho I didn't expect an answer so much complet. Thank you very much for this explication, I think I will open a Ripple wallet (I don't know which is the best but I will check) and put 10 or 20$ on it just in case Smiley
no probs ... id say goto gatehub for best long term security.
or Bitstamp



Ive got a feelin...a good feelin.....lol

BAFT speech ended...everyone went home and began buyin

fiat just entered...BTC went up....now fiat & BTC will come to XRP...

I think its time to go up  Smiley Smiley

The chart is calm and Ripplin...soon it will Shockwave  Cool muahahaha

Buy or hodl asap me thinks

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
enhu
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May 03, 2017, 04:41:45 AM
 #751

What exactly SBI refers to, I am really confusing about XRP because whether to hold or sell. Som people are telling that XRP blockchain attracted many banks. So the price XRP will be soaring in coming days, some people are saying it will increase the price and it falls to where it was before.

That's why it's called speculation. You simply do not need to understand it. Just ride along. Do you know people also speculate about XRP surpassing Bitcoin and achieving a $100 Billion Marketcap? Yeah, That too.

Considering current price of BTC, it requires 40B capacity to get 1$ per XRP, so it has to be ~ 0.00075 BTC, this is 20 times of what it is now.

Now, important to understand, XRP has value, its an asset. To have a price it needs to have an exchange and demand, which is what guys working on and that will start happening, when settlement/remittance will start taking place, when IoV will enter IoT, when XRP get listed on FX or alternate one.

XRP does not give a shit about BTC, and does not depends on it, put it on cold storage and forget about Poloniex/Kraken, as both of them centralise XRP value around BTC. But this is again has nothing to do with XRP itself.

And why I waste time explaining that....

Not a waste sir, not a waste at all. Its very important that people know what you just stated. XRP is not BTC dependent.

Thank you Sir,

Where do you guys store your Ripple? I'm new to them I have bought some of it on kraken. I did visit their forum but seem like I can't find their wallet guide.
Care to point me where I can find it please?

Wallet as a Cold Storage only available on GateHub (also they know you secret)(also they store your secret), also you can have a look here:

https://www.xrpchat.com/topic/998-official-cold-wallet-from-ripplecom/?page=2
https://www.xrpchat.com/topic/2933-cold-storage-of-ripple/?page=2

If you want maximum privacy.

I haven't tried any of them but which can you recommend, I'm looking for a wallet that also don't have to download all the chain so i can easily move it from one wallet to another. Its a hassle free for me that way and we don't have to wait for hours to sync.

██████████ BitcoinCleanUp.comDebunking Bitcoin's Energy Use ██████████
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Mrpumperitis
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May 03, 2017, 04:42:48 AM
 #752


  Cheesy



If BTC forks...i wonder how SBI virtual currencies would support both versions or...delist BTC? and just trade XRP...same for all of the new legal japan crypto exchanges opening soon..what would they do?  hmmm
Either way delist or keep both BTC versions....a BTC fork will benefit XRP.

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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May 03, 2017, 05:56:12 AM
 #753

What exactly SBI refers to, I am really confusing about XRP because whether to hold or sell. Som people are telling that XRP blockchain attracted many banks. So the price XRP will be soaring in coming days, some people are saying it will increase the price and it falls to where it was before.

That's why it's called speculation. You simply do not need to understand it. Just ride along. Do you know people also speculate about XRP surpassing Bitcoin and achieving a $100 Billion Marketcap? Yeah, That too.

Market caps are not completely related to the price, the market cap is based on buying and selling and when it comes to a price still, XRP need to bounce a lot more because it is still at down phase only.


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Bowtiesarecool
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May 03, 2017, 08:59:41 AM
 #754

People speculating xrp will surpass btc? Cheapest laugh I've had this year
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May 03, 2017, 05:04:13 PM
 #755

People speculating xrp will surpass btc? Cheapest laugh I've had this year

Hard but doesn't mean it is impossible. When world's most top banks uses it and utilize xrp it will skyrocket very fast.

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May 03, 2017, 06:05:07 PM
 #756

What exactly SBI refers to, I am really confusing about XRP because whether to hold or sell. Som people are telling that XRP blockchain attracted many banks. So the price XRP will be soaring in coming days, some people are saying it will increase the price and it falls to where it was before.

That's why it's called speculation. You simply do not need to understand it. Just ride along. Do you know people also speculate about XRP surpassing Bitcoin and achieving a $100 Billion Marketcap? Yeah, That too.

Considering current price of BTC, it requires 40B capacity to get 1$ per XRP, so it has to be ~ 0.00075 BTC, this is 20 times of what it is now.

Now, important to understand, XRP has value, its an asset. To have a price it needs to have an exchange and demand, which is what guys working on and that will start happening, when settlement/remittance will start taking place, when IoV will enter IoT, when XRP get listed on FX or alternate one.

XRP does not give a shit about BTC, and does not depends on it, put it on cold storage and forget about Poloniex/Kraken, as both of them centralise XRP value around BTC. But this is again has nothing to do with XRP itself.

And why I waste time explaining that....

Very well said...spot on m8  Smiley

Thanks mate!


What exactly SBI refers to, I am really confusing about XRP because whether to hold or sell. Som people are telling that XRP blockchain attracted many banks. So the price XRP will be soaring in coming days, some people are saying it will increase the price and it falls to where it was before.

That's why it's called speculation. You simply do not need to understand it. Just ride along. Do you know people also speculate about XRP surpassing Bitcoin and achieving a $100 Billion Marketcap? Yeah, That too.

Considering current price of BTC, it requires 40B capacity to get 1$ per XRP, so it has to be ~ 0.00075 BTC, this is 20 times of what it is now.

Now, important to understand, XRP has value, its an asset. To have a price it needs to have an exchange and demand, which is what guys working on and that will start happening, when settlement/remittance will start taking place, when IoV will enter IoT, when XRP get listed on FX or alternate one.

XRP does not give a shit about BTC, and does not depends on it, put it on cold storage and forget about Poloniex/Kraken, as both of them centralise XRP value around BTC. But this is again has nothing to do with XRP itself.

And why I waste time explaining that....

Not a waste sir, not a waste at all. Its very important that people know what you just stated. XRP is not BTC dependent.

Thank you Sir,

Where do you guys store your Ripple? I'm new to them I have bought some of it on kraken. I did visit their forum but seem like I can't find their wallet guide.
Care to point me where I can find it please?

Wallet as a Cold Storage only available on GateHub (also they know you secret)(also they store your secret), also you can have a look here:

https://www.xrpchat.com/topic/998-official-cold-wallet-from-ripplecom/?page=2
https://www.xrpchat.com/topic/2933-cold-storage-of-ripple/?page=2

If you want maximum privacy.

I haven't tried any of them but which can you recommend, I'm looking for a wallet that also don't have to download all the chain so i can easily move it from one wallet to another. Its a hassle free for me that way and we don't have to wait for hours to sync.

Just use GateHub and be happy!
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May 03, 2017, 07:03:24 PM
 #757

Ripple (XRP) Will easy hit 1$

Maybe not "easy", but its possible in next couple months.
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May 03, 2017, 07:34:31 PM
 #758

I think it safe to say that XRP established between 3600-4000, full attention and new highs from end of May onward!

Also BTC resistant!
vanhalendlrband
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May 03, 2017, 08:06:36 PM
 #759

I think it safe to say that XRP established between 3600-4000, full attention and new highs from end of May onward!

Also BTC resistant!

I think you are right on that. Stayed between there nearly this entire time for about 90% of the time or more. Sometimes a bit higher and sometimes a bit lower but now seems like its found its spot.

I notice XRP stays sideways for awhile and then it goes up which I read Sideways markets like XRP generally go up over time.
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May 03, 2017, 08:17:41 PM
 #760

I think it safe to say that XRP established between 3600-4000, full attention and new highs from end of May onward!

Also BTC resistant!

I think you are right on that. Stayed between there nearly this entire time for about 90% of the time or more. Sometimes a bit higher and sometimes a bit lower but now seems like its found its spot.

I notice XRP stays sideways for awhile and then it goes up which I read Sideways markets like XRP generally go up over time.

It stabilise at 0.00006 end of June, no choice, that is 0.1, considering BTC 1700 by that time.
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