[XRP] Ripple Speculation

[shahim]

Xrp is not ripple! Xrp is just the testcoin of ripple and won't ne used by the banks ...

From all the info I have read Ripple is plugging their XRP coin so that it becomes useful by speeding up the process and providing other benefits.  Of course their tech is great and if they slowly build the adoption of the coin then this rocket will lift off!  For now it is an integral part of their best offerings regarding speed, liquidity, and low cost for complex cross-currency transfers.

Thats true.  But i guess most people don't see tue difference between the company ripple and theire coin XRP. The company is the one with the customers
The xrp is just a showcase

[RayX12]

Xrp is not ripple! Xrp is just the testcoin of ripple and won't ne used by the banks ...

From all the info I have read Ripple is plugging their XRP coin so that it becomes useful by speeding up the process and providing other benefits.  Of course their tech is great and if they slowly build the adoption of the coin then this rocket will lift off!  For now it is an integral part of their best offerings regarding speed, liquidity, and low cost for complex cross-currency transfers.

Thats true.  But i guess most people don't see tue difference between the company ripple and theire coin XRP. The company is the one with the customers
The xrp is just a showcase

Not just a showcase.  You are wrong.  REad above and below.

Read here: https://ripple.com/files/ripple_vision.pdf

[g___]

I get you. But things like this are shared for months:

"Forty Seven Japanese Banks Move Towards Commercial Phase Using Ripple"
"Bank of England" "Santander and Reisebank"
"National Bank of Abu Dhabi: First Middle East Bank to Use Ripple for Cross-Border Payments"

According to them, so many banks in but none of them made a move to actually purchase the currency they will be exchanging. All we see is a pump after the hype and consquent dump afterwards.

the incentive to use xrp (apparently) is to reduce operational costs and offer more competitive pricing. reducing operational costs for a bank is at the top of their priorities, so in theory, xrp will should be used.

[RayX12]

I get you. But things like this are shared for months:

"Forty Seven Japanese Banks Move Towards Commercial Phase Using Ripple"
"Bank of England" "Santander and Reisebank"
"National Bank of Abu Dhabi: First Middle East Bank to Use Ripple for Cross-Border Payments"

According to them, so many banks in but none of them made a move to actually purchase the currency they will be exchanging. All we see is a pump after the hype and consquent dump afterwards.

the incentive to use xrp (apparently) is to reduce operational costs and offer more competitive pricing. reducing operational costs for a bank is at the top of their priorities, so in theory, xrp will should be used.

Check

[RayX12]

Here are three interesting videos about Banks and Ripple:

Live Transactions between ATB Financial (Canada) & Risebank (Germany)
https://www.youtube.com/watch?v=bAnHzDEP8GM

Bloomber Interview of Brad Garlinghouse CEO
Blockchain Bitcoins and Banks
https://www.youtube.com/watch?v=vsEVF4LV_gI

Interview 2
Future of the Payment Industry
https://www.youtube.com/watch?v=P2cgZKq8rpw

CNBC Interveiw with Dilip ARAO Managing Director (Asia- Pacific) at Ripple
Banks and more banks
https://www.youtube.com/watch?v=9j-lhz9FQPM

[york780]

Looks like ripple is good to increase the homeless population. RIP all top buyers. REKT

[vsyc]

Xrp is not ripple! Xrp is just the testcoin of ripple and won't ne used by the banks ...

You better to come up with some evidence or ripple backed news when you do such IMHO groundless statements. In their videos XRP used as a bridge currency.

More over banks might already buying XRP from Ripple for test and development purpose, meanwhile another part which is available widely is for investors or individuals use (latter has no sense at current time).

[vanhalendlrband]

Xrp is not ripple! Xrp is just the testcoin of ripple and won't ne used by the banks ...

You better to come up with some evidence or ripple backed news when you do such IMHO groundless statements. In their videos XRP used as a bridge currency.

More over banks might already buying XRP from Ripple for test and development purpose, meanwhile another part which is available widely is for investors or individuals use (latter has no sense at current time).

You can tell who doesn't read a few pages back right away. If you read the last several pages of this forum there have been these people, and they're on every exchange too "XRP is not ripple, don't you idiots know that Ripple is different?" all the time non stop.

Its like wow if you did some research you would know that XRP is needed to use Ripple. No way around it. Ripple needs XRP, the more the demand for Ripple grows so does the demand for XRP. No way around it.

XRP is Ripple, Ripple is XRP. A bank may never buy Ripple, but whenever they use Ripple they burn XRP in every transaction. Not only that the value is also in the fact the XRP Payment Channel makes Ripple able to do thousands of transactions per second which without XRP Ripple would be unable to use its main feature.

So yes Ripple is XRP, if banks never buy XRP it doesn't even matter because if they use Ripple they are using XRP in every transaction

[RayX12]

Just my observations regarding the XRP available in Poloniex.  The quantity has been increasing every day and specially now there is a lot of XRP piling up in the front.  I suspect a push is expected and the non believers and bag holders are piling up in the front to make sure they sell their coins..

This is the reason for yesterdays push and how magically there are buyers that always prop the price before collapsing.

[Mrpumperitis]

Xrp is not ripple! Xrp is just the testcoin of ripple and won't ne used by the banks ...

From all the info I have read Ripple is plugging their XRP coin so that it becomes useful by speeding up the process and providing other benefits.  Of course their tech is great and if they slowly build the adoption of the coin then this rocket will lift off!  For now it is an integral part of their best offerings regarding speed, liquidity, and low cost for complex cross-currency transfers.

Thats true.  But i guess most people don't see tue difference between the company ripple and theire coin XRP. The company is the one with the customers
The xrp is just a showcase

https://www.youtube.com/watch?v=wqpOX6vDD3E

Why XRP ( the coin) will be valuable
Ripple News
Published on Apr 3, 2017

A brief analysis of Ripple XRP digital currency, Ripple's potential value and why banks will want to use it in the future.
(video uses $$, but any fiat can be used)
also this is one of many use cases.

[blackhawk101]

Looks like ripple is good to increase the homeless population. RIP all top buyers. REKT

HAHA ALL DUMMY LOSE PANT GO LIVE IN MOMMY BASEMENT!!!

[Mrpumperitis]

http://ifgs.innovatefinance.com/  

Innovate Finance Global Summit (IFGS), the world’s biggest celebration of achievement in FinTech, happens on April 10th – 11th 2017 across the City of London.
The annual event is the most prestigious conference for the financial technology industry, a platform that convenes the world’s global institutions together with startups, policy makers and investors to share ideas and solutions to the challenges facing financial services.

http://ifgs.innovatefinance.com/2017-supporters/    

http://ifgs.innovatefinance.com/agenda/  

http://ifgs.innovatefinance.com/exhibitors/ripple/    
Company Name
Ripple
Exhibiting on
Day 1 - April 10th 2017

 

(theres more...but thats for another time   )

[Mrpumperitis]

https://www.youtube.com/watch?v=DtSTqGiZnMg
(Hold on) hold on
(Hold on) hold on
Ooh, aah, baby
hold on
(Hold on) ooh ooh aah
The only way is up, baby
THE ONLY WAY IS UP YAZZ  

[mfqrs3]

Keep on dreaming

Dump fest is on To the Goblin town lol, with or without your rockets, Jokers or music

This coin is by far the most volatile alt of them all.

[Fantum]

Seems no one wants to buy ripple, everyone wants to sell it.

[RayX12]

Seems no one wants to buy ripple, everyone wants to sell it.

Sellers outnumber the buyers, that is all.  If everyone want to sell then this coin would be at 0 value.

Another possibility is that buying whale does not want to pump the price until the timing is correct and the bag is full of cheap coins.   

[hypertonyc]

2700 sat is not so cheap...500 sats - that is really cheap

[c4s7or]

2700 sat is not so cheap...500 sats - that is really cheap

Still a good price. I will buy some more.

[Mrpumperitis]

Keep on dreaming

Dump fest is on To the Goblin town lol, with or without your rockets, Jokers or music

This coin is by far the most volatile alt of them all.

 
welcome...troll ....guess you want some cheap XRP lol

[Mrpumperitis]

btc up more than $30, 24hours before the biggest Fintech meet-up of 2017....which includes XRP guys as speakers...

the people waiting for cheap XRP...keep waiting....it aint gonna happen

STRONG HANDS ARE NOT STUPID