[XRP] Ripple Speculation

[RayX12]

Here is what insiders and others think about the huffingtonpost article.
VERY INTRESTNG!

https://www.xrpchat.com/topic/4880-the-greatest-xrp-article-ever-huffington-post/

 

[JoelKatz]

The ripple platform is centralised to one operating firm and therefore is being welcomed more openly by regulators.

It's important to understand that the public ledger tech XRP uses has been carefully designed to support decentralization and we've been working actively to increase its decentralization as quickly as we can. With luck, the recent increase in value and attention will increase interest in getting new stakeholders to improve decentralization.
https://www.cryptocoinsnews.com/ripple-unveils-strategy-become-decentralized-bitcoin/

With the change in the way XRP is being viewed and used, this is becoming more and more important.

[ZenithWombat]

interesting:

https://ripple.com/insights/news/xrp-liquidity-to-deepen-with-listings-on-six-new-exchanges/

[RayX12]

The ripple platform is centralised to one operating firm and therefore is being welcomed more openly by regulators.

It's important to understand that the public ledger tech XRP uses has been carefully designed to support decentralization and we've been working actively to increase its decentralization as quickly as we can. With luck, the recent increase in value and attention will increase interest in getting new stakeholders to improve decentralization.
https://www.cryptocoinsnews.com/ripple-unveils-strategy-become-decentralized-bitcoin/

With the change in the way XRP is being viewed and used, this is becoming more and more important.

Yes!!  A lot of the hardcore BTC people and also the idealist of the free world always put down XRP from the centralization aspect.  This strategy hits the nail in the head!
BRAVO! 

[RayX12]

And here is another strategy that also deserves recognition (a little old):
Is this going to be the next big thing???

"A Debit Card Powered by Ripple
Aug 13, 2014 | Alec Liu
shiftpayments

The new debit card by Y Combinator-backed Shift Payments

One of the cool things about the Ripple protocol is how it bridges the old world with the new, much like how the internet transformed the way we distribute, digest, and even create information. Books, music, and videos breathe new life online in digital form online where they enjoy greater accessibility and utility. More people have more access to more culture than ever before. That’s amazing."

https://ripple.com/insights/a-debit-card-powered-by-ripple/

[WTBOKITO]

THIS JUST IN !!

Kraken is pleased to announce the addition of new pairs for trading between ripples (XRP) and four fiat currencies (EUR, USD, JPY, and CAD)! The new trading pairs mean that clients who want to buy or sell XRP in exchange for fiat currency can now do so directly.

What are the new trading pairs?

XRP/EUR (ripple-euro)
XRP/USD (ripple-US dollar)
XRP/JPY (ripple-Japanese yen)
XRP/CAD (ripple-Canadian dollar)


YEP Kraken is taking the go to position in the crypto market ..


EDIT:
I see now that it was already reported above But still good news ..

[Densitymax]

Do not be surprised if Ripple capitalization will beat bitcoin in the near future.

[legati]

rise starts..good morning asia

[Mrpumperitis]

rise starts..good morning asia

it will soon m8..but first...

regulars know this , others may not...

looks like its suppresion time grrr...
manbearwhales are at it again, with the knowledge that XRP will explode past 50cents, so last chance for them to put on some pressure  ( shake )

expect fake sell walls...but i bet we wont see any big sell walls under 20000, they just want to keep the walls above 20k and buy all noobie XRP that tries to sell infront...they just waiting for enough sells infront, snap em up before someone else does...risky but thats what they are trying just now.

dont fear the sell walls, dont sell in the teens imo

[plataoplomo94]

What i'am asking myself is, what is with the 10Billion Tokens that Jed McCaleb has ?!

Knows someone if the 10Billion Tokens of Jed are counted to the 38Billion Tokens which are in Circulation ?!

[RayX12]

What i'am asking myself is, what is with the 10Billion Tokens that Jed McCaleb has ?!

Knows someone if the 10Billion Tokens of Jed are counted to the 38Billion Tokens which are in Circulation ?!

These coins are locked up (edit in an agreement):

https://www.xrpchat.com/topic/1734-where-did-jeds-xrp-go/

[RayX12]

Specifically the key points of the agreement are:

"Ripple will release any claim it has on the funds currently deposited with the federal District Court for the Northern District of California and Stellar will take possession of these funds.

Jed will donate 2 billion XRP to a charitable donor-advised fund ("DAF") of his choice. The same limits are placed on the ability of the charity to sell the XRP as are placed on the Jed's ability to sell his remaining XRP.

All of Jed and his children's remaining XRP, approximately 5.3 billion XRP, will be placed in a custody account at Ripple. While Jed retains full title and ownership of his remaining XRP, Ripple will control the release of his XRP in a manner consistent with the settlement agreement. Specifically, Jed will be allowed to sell his remaining XRP in the following manner:

- for the first year of the agreement Jed and the DAF will be able to collectively sell 0.5 percent of the Average Daily Volume of XRP for each day of the week, including weekends and holidays.*

- for the second and third years of this agreement, Jed and the DAF will be able to collectively sell for each day of the week 0.75 percent of the Average Daily Volume.

- for the fourth year of the agreement, Jed and the DAF will be able to collectively sell for each day of the week 1.0 percent of the Average Daily Volume.
for any time after the fourth year of the agreement, for each day of the week Jed and the DAF will be able to sell 1.5 percent of the Average Daily Volume.

We at Ripple are pleased with the outcome of this agreement. It provides predictability and clarity about distribution of the largest individual holding of XRP in a way that fosters good health and growth in the Ripple ecosystem. "

[plataoplomo94]

Specifically the key points of the agreement are:

"Ripple will release any claim it has on the funds currently deposited with the federal District Court for the Northern District of California and Stellar will take possession of these funds.

Jed will donate 2 billion XRP to a charitable donor-advised fund ("DAF") of his choice. The same limits are placed on the ability of the charity to sell the XRP as are placed on the Jed's ability to sell his remaining XRP.

All of Jed and his children's remaining XRP, approximately 5.3 billion XRP, will be placed in a custody account at Ripple. While Jed retains full title and ownership of his remaining XRP, Ripple will control the release of his XRP in a manner consistent with the settlement agreement. Specifically, Jed will be allowed to sell his remaining XRP in the following manner:

- for the first year of the agreement Jed and the DAF will be able to collectively sell 0.5 percent of the Average Daily Volume of XRP for each day of the week, including weekends and holidays.*

- for the second and third years of this agreement, Jed and the DAF will be able to collectively sell for each day of the week 0.75 percent of the Average Daily Volume.

- for the fourth year of the agreement, Jed and the DAF will be able to collectively sell for each day of the week 1.0 percent of the Average Daily Volume.
for any time after the fourth year of the agreement, for each day of the week Jed and the DAF will be able to sell 1.5 percent of the Average Daily Volume.

We at Ripple are pleased with the outcome of this agreement. It provides predictability and clarity about distribution of the largest individual holding of XRP in a way that fosters good health and growth in the Ripple ecosystem. "

Thanks m8..

[Mesozoan]

12% drop in one day… This would be a good time for me buy more, if I could actually make BTC transactions

[quarternions]

Specifically the key points of the agreement are:

"Ripple will release any claim it has on the funds currently deposited with the federal District Court for the Northern District of California and Stellar will take possession of these funds.

Jed will donate 2 billion XRP to a charitable donor-advised fund ("DAF") of his choice. The same limits are placed on the ability of the charity to sell the XRP as are placed on the Jed's ability to sell his remaining XRP.

All of Jed and his children's remaining XRP, approximately 5.3 billion XRP, will be placed in a custody account at Ripple. While Jed retains full title and ownership of his remaining XRP, Ripple will control the release of his XRP in a manner consistent with the settlement agreement. Specifically, Jed will be allowed to sell his remaining XRP in the following manner:

- for the first year of the agreement Jed and the DAF will be able to collectively sell 0.5 percent of the Average Daily Volume of XRP for each day of the week, including weekends and holidays.*

- for the second and third years of this agreement, Jed and the DAF will be able to collectively sell for each day of the week 0.75 percent of the Average Daily Volume.

- for the fourth year of the agreement, Jed and the DAF will be able to collectively sell for each day of the week 1.0 percent of the Average Daily Volume.
for any time after the fourth year of the agreement, for each day of the week Jed and the DAF will be able to sell 1.5 percent of the Average Daily Volume.

We at Ripple are pleased with the outcome of this agreement. It provides predictability and clarity about distribution of the largest individual holding of XRP in a way that fosters good health and growth in the Ripple ecosystem. "

Thanks for the clarification, spend some money at a low and a high (fail) point. Hopefully holding on to my XRP will come out positive in the future

[RayX12]

Looks like a breakout is getting close with the help of Japan!

[Mrpumperitis]

Looks like a breakout is getting close with the help of Japan!

ooo i likes

looks like a cuppa T at the the end there 

[RayX12]

Here is a Gan Fan Plot showing the support and resistance lines.  Bull run contained in the blue band showing the possibilities for support and resistance levels since May 9th.

https://www.tradingview.com/chart/XRPBTC/CSP2GbAo-XRP-possible-breakout/

[RayX12]

And finally...  The longer term Gan Fan since April:

[ZenithWombat]

Here is a Gan Fan Plot showing the support and resistance lines.  Bull run contained in the blue band showing the possibilities for support and resistance levels.

https://www.tradingview.com/chart/XRPBTC/CSP2GbAo-XRP-possible-breakout/
https://s20.postimg.org/teov4zld9/Possible-_Breakout.jpg

Ray is can you reccomend any resources to learn how to read a graph like this? I'm very new to this stuff and I'm thinking of taking some classes... any youtube links or online resources you reccomend?