[XRP] Ripple Speculation

[Fantum]

Yes thanks for the clear explaination. A lot of misconceptions about ripple

[1715367511]

1715367511

[1715367511]

1715367511

[1715367511]

1715367511

[1715367511]

1715367511

[1715367511]

1715367511

[Nivir]

...but it has infinite supply and controlled by ripple corp.

wrong. 100 billion total, no more can be created per the protocol's rules.

ripple corp / owners can only sell at a mediated rate over a series of years that should stabilize price and enable some degree of trust in the market. they also only own 20% of all shares. although still high, the rest has been (and will be) donated to non-profits, charities, and the ripple foundation to further innovation.

Thanks for explaining that one, another common misconception is somehow XRP has an infinite supply and it does not and as you say no more XRP can ever be created.

On top of that the supply is constantly burnt so the only thing that can happen is less XRP supply over time.

Burning of xrp is something new to me. Is that correct? Or maybe they are burning like 0.001% only or something like those figures. Is burning of supply occurs per annum? Where can I see the writings on this?

[btcdiggingmaster]

...but it has infinite supply and controlled by ripple corp.

wrong. 100 billion total, no more can be created per the protocol's rules.

ripple corp / owners can only sell at a mediated rate over a series of years that should stabilize price and enable some degree of trust in the market. they also only own 20% of all shares. although still high, the rest has been (and will be) donated to non-profits, charities, and the ripple foundation to further innovation.

Thanks for explaining that one, another common misconception is somehow XRP has an infinite supply and it does not and as you say no more XRP can ever be created.

On top of that the supply is constantly burnt so the only thing that can happen is less XRP supply over time.

Burning of xrp is something new to me. Is that correct? Or maybe they are burning like 0.001% only or something like those figures. Is burning of supply occurs per annum? Where can I see the writings on this?

Burning XRP? what does it mean, coins are being burned by the company or people should burn the XRP coin.
Then how can they recover the losses to people who invested in XRP, very disgusting.
I have been waiting for the price where XRP should stand for in the market.

[Fantum]

I was thinking of making a coin that is easy convert your money into it. Just post proof of you burning your dollar bills and you get coins.

[vanhalendlrband]

...but it has infinite supply and controlled by ripple corp.

wrong. 100 billion total, no more can be created per the protocol's rules.

ripple corp / owners can only sell at a mediated rate over a series of years that should stabilize price and enable some degree of trust in the market. they also only own 20% of all shares. although still high, the rest has been (and will be) donated to non-profits, charities, and the ripple foundation to further innovation.

Thanks for explaining that one, another common misconception is somehow XRP has an infinite supply and it does not and as you say no more XRP can ever be created.

On top of that the supply is constantly burnt so the only thing that can happen is less XRP supply over time.

Burning of xrp is something new to me. Is that correct? Or maybe they are burning like 0.001% only or something like those figures. Is burning of supply occurs per annum? Where can I see the writings on this?

Every Ripple transaction burns XRP supply. Read it on Ripples website or read more than one page of this topic and find out the hundred other people this has had to be explained to over and over again

[vanhalendlrband]

...but it has infinite supply and controlled by ripple corp.

wrong. 100 billion total, no more can be created per the protocol's rules.

ripple corp / owners can only sell at a mediated rate over a series of years that should stabilize price and enable some degree of trust in the market. they also only own 20% of all shares. although still high, the rest has been (and will be) donated to non-profits, charities, and the ripple foundation to further innovation.

Thanks for explaining that one, another common misconception is somehow XRP has an infinite supply and it does not and as you say no more XRP can ever be created.

On top of that the supply is constantly burnt so the only thing that can happen is less XRP supply over time.

Burning of xrp is something new to me. Is that correct? Or maybe they are burning like 0.001% only or something like those figures. Is burning of supply occurs per annum? Where can I see the writings on this?

Burning XRP? what does it mean, coins are being burned by the company or people should burn the XRP coin.
Then how can they recover the losses to people who invested in XRP, very disgusting.
I have been waiting for the price where XRP should stand for in the market.

I don't think you know what the word disgusting means.

Anyways

Every Ripple transaction burns XRP supply. Nothing disgusting about it.

[nellz]

Why xrp coin still low? Not very worth to hold to long.

[vanhalendlrband]

Why xrp coin still low? Not very worth to hold to long.

The coin was worth way less just two weeks ago. Be patient.

It was worth 600 sats three weeks ago, now its sitting at 2800 this last two weeks.

With what's going into this coin and the future it has, i would be really amazed if the price never went up again, in fact it would be the first stock or currency ever to not go up with even the slightest bit of news.

Some coins will skyrocket over nothing an dump to 0, the fact this one hasn't done this and has remained a sideways market for 2 weeks means its most likely going to go up soon, and a lot.

Honestly i'm hopin it can wait a few more days till i get paid so i can dump more of my money into this.

[ladiesBTC]

how about a good news story with XRP
will kah really going to happen on the 19th will skyrocket go to the planet Uranus

I hope that does happen and I benefit from this news

hopefully website Blomberg wrote an article about XRP
by title XRP rocketed to URANUS and leave their competitors 

[vanhalendlrband]

how about a good news story with XRP
will kah really going to happen on the 19th will skyrocket go to the planet Uranus

I hope that does happen and I benefit from this news

hopefully website Blomberg wrote an article about XRP
by title XRP rocketed to URANUS and leave their competitors 

https://payments.nacha.org/

Payments 2017 convention taking place next week and Ripple is presenting at 2 seperate booths and their booth is right beside the main NACHA booth on the floor.

IBM is there and many other big players, on the other side of Ripple is the Shazam booth.

I imagine we will be hearing some news leading up to this big event for Ripple from April 23rd to April 26th in Austin Texas.

http://s23.a2zinc.net/clients/NACHAPayments/2017/Public/eventmap.aspx?shExhList=1 some pretty major banks at this event as well. American Express, Moneygram, Western Union.

This conference is all about making payments faster not just cryptocurrency, Ripple being the only thing there that i can see that can deal with both 1,000 times per second and should be the most relevant booth to what everyone there at this convention is looking for.

[Mrpumperitis]

how about a good news story with XRP
will kah really going to happen on the 19th will skyrocket go to the planet Uranus

I hope that does happen and I benefit from this news

hopefully website Blomberg wrote an article about XRP
by title XRP rocketed to URANUS and leave their competitors  

https://payments.nacha.org/

Payments 2017 convention taking place next week and Ripple is presenting at 2 seperate booths and their booth is right beside the main NACHA booth on the floor.

IBM is there and many other big players, on the other side of Ripple is the Shazam booth.

I imagine we will be hearing some news leading up to this big event for Ripple from April 23rd to April 26th in Austin Texas.

http://s23.a2zinc.net/clients/NACHAPayments/2017/Public/eventmap.aspx?shExhList=1 some pretty major banks at this event as well. American Express, Moneygram, Western Union.

This conference is all about making payments faster not just cryptocurrency, Ripple being the only thing there that i can see that can deal with both 1,000 times per second and should be the most relevant booth to what everyone there at this convention is looking for.

+1
yeap....all true
i didnt post this because....
ive been trying to accumulate before this news goes mainstream lol lol

[Mrpumperitis]

Just a thought...

As XRP Ripple gains more positive attention and adoption from banks and businesses....
what about the crypto guys?
The big exchanges will need to stock up on XRP ( build liquidity ) btce,coinbase, gemini, okcoin... guys like Winkies, ver, silbert and many more will want alot of XRP...the chinese market....the whales want alot... the crypto day traders and the noobies.

[Mrpumperitis]

  <-----imo best tv show of alltime

[crypticj]

  <-----imo best tv show of alltime

That made me Laugh 

[Mrpumperitis]

https://ripple.com/insights/q1-2017-xrp-markets-report/
Market Commentary: A Quiet Start to a Raucous Ending
Though Q1 2017 began much in the same way as Q4 2016, quietly, it ended with a dramatic spike in market activity.
*
XRP markets failed to show much life until March 23rd, what was easily the most significant day of the quarter.
On March 23, XRP rallied from $0.0072 to $0.0112, a 56% price increase on an impressive $19.7M in volume, a 1103% increase over the average daily volume up to that point in Q1. Clearly something had changed, but why such a powerful shift in sentiment? Though always difficult to discern in real time, in hindsight, a few key developments may have had an impact.

    As the month drew to a close, the Bitcoin scaling debate raged on with no end in sight.
    Throughout the quarter, Ripple, became more vocal about its commitment to XRP and the Ripple Consensus Ledger (RCL) as part of its long-term strategy.
    Ripple announced a new relationship with BitGo to build an enterprise wallet, as well as Payment Channels and Escrow, important RCL features that increase transaction throughput to levels comparable with those of Visa’s network.
    Ripple continued to sign up banks to commercially deploy its enterprise blockchain solution and join its global payments network. Announcements included the addition of MUFG, the world’s third largest bank, 47 banks in Japan and network expansion into the Middle East and India through NBAD and Axis Bank.
And finally Mrpumperitis joined

never been a fan of XRP,
However i was impressed with the the video i saw today.....
https://ripple.com/solutions/retail-remittances/#demovideo

could xrp be the next multi-billion $ coin?

Of course. XRP is another centralized coin like ETHF.
If someone pumps a billion they will have a billion coin.
Of course, there will be a lot of suckers dreaming of becoming millionaires and buying that coin but at the end, if they don't dump on time, they'll just be bagholders when dust settles.

ive never heard of ETHF, is that a new coin?  

ok , im gonna pump 1 Billion$$ into XRP.....
hopefully the suckers do become millionaires    

We also look forward to having a large presence at Consensus in New York in May.

In addition, you may want to watch out for specific announcements in Q2 regarding potential ways to use RCL’s new Escrow feature, as well as our plan to implement a systematic markets operation program designed to add liquidity to the market especially during volatile periods.

[Mrpumperitis]

<------------- wants more XRP 
https://www.paymentssource.com/news/as-cross-border-market-heats-up-ripple-builds-a-bigger-rail
https://www.reddit.com/r/Ripple/comments/660qyv/as_crossborder_market_heats_up_ripple_builds_a/

awesome work...this is just the start of something that will completely change the finance world forever.

http://www.financemagnates.com/cryptocurrency/news/bitgo-develop-secure-enterprise-wallet-ripples-xrp/
Thursday, 16/02/2017
BitGo to Develop Secure Enterprise Wallet for Ripple’s XRP
BitGo CEO on Ripple: "I believe they are well positioned to disrupt global settlement via blockchain.”
Partnering with Ripple and working with the technology behind the RCL and XRP has been outstanding. They have a dedicated and experienced group of developers. The RCL has been processing and validating transactions on the network since 2013, closing a ledger every five seconds. This team understands crypto and traditional finance extremely well and I believe they are well positioned to disrupt global settlement via blockchain.”

[seven.71]

is there any good news about XRP on 19??

[McWorse]

I hope, everyone read this article, link provided by the member f0rmdeep:

https://bitcointalk.org/index.php?topic=1873763.msg18622582#msg18622582

Ripple is on its way to change the finance world for sure!
And XRP is ment as connecting link for all the private ledgers.
So sooner or later:
This coin will rocket so much, that it will leave this universe behind.

[Mrpumperitis]

is there any good news about XRP on 19??

nah nothing major....just the usual federal reserve meeting 

[btcdiggingmaster]

Even though volume is very high, but the price XRP is not increasing. I have been trading XRP many days now always it is not more higher than 2800Sats. XRP has great potential than why the prce is not increasing.