[XRP] Ripple Speculation

[streamliner]

I came back after a few bad weeks with the ripple and now I still see the value of the ripple is very bad, it still continues to decline and I still have not seen any sign of the rise again. What is happening here? I always thought the price of bitcoin dropped will help altcoin prices rise again, but the truth is bitcoin down but the price of ripple is still down, even worse when the price of Bitcoin increase a few weeks ago. Many people say ripple is a scam coin, it will soon return to its true value, I'm always skeptical of this but now I think it is true.

"Value of Ripple is bad" <- how do you define what bad is? you mean it's bad because the price hasn't yet risen significantly? You have no idea how to validate your premise. You have no concrete evidence that the value of Ripple is bad.

"I always thought the price of bitcoin dropped will help altcoin prices again" <- So do you think there is definitely an inverse correlation between Bitcoin and Ripple prices?

"Many people say ripple is a scam coin" <- Who did, where? Which link/forum? and Why? Are there any good reasons why it's been said to be a scam coin? Can you justify?

https://www.creditbit.org <- and this is your site? Man... are you sure your own site is not a scam?

[RayX12]

I came back after a few bad weeks with the ripple and now I still see the value of the ripple is very bad, it still continues to decline and I still have not seen any sign of the rise again. What is happening here? I always thought the price of bitcoin dropped will help altcoin prices rise again, but the truth is bitcoin down but the price of ripple is still down, even worse when the price of Bitcoin increase a few weeks ago. Many people say ripple is a scam coin, it will soon return to its true value, I'm always skeptical of this but now I think it is true.

"Value of Ripple is bad" <- how do you define what bad is? you mean it's bad because the price hasn't yet risen significantly? You have no idea how to validate your premise. You have no concrete evidence that the value of Ripple is bad.

"I always thought the price of bitcoin dropped will help altcoin prices again" <- So do you think there is definitely an inverse correlation between Bitcoin and Ripple prices?

"Many people say ripple is a scam coin" <- Who did, where? Which link/forum? and Why? Are there any good reasons why it's been said to be a scam coin? Can you justify?

IMO price is being manipulated... current price is used to accumulate large positions without affecting price over a longer period.  When bags are full price will pump again.

[streamliner]

I came back after a few bad weeks with the ripple and now I still see the value of the ripple is very bad, it still continues to decline and I still have not seen any sign of the rise again. What is happening here? I always thought the price of bitcoin dropped will help altcoin prices rise again, but the truth is bitcoin down but the price of ripple is still down, even worse when the price of Bitcoin increase a few weeks ago. Many people say ripple is a scam coin, it will soon return to its true value, I'm always skeptical of this but now I think it is true.

"Value of Ripple is bad" <- how do you define what bad is? you mean it's bad because the price hasn't yet risen significantly? You have no idea how to validate your premise. You have no concrete evidence that the value of Ripple is bad.

"I always thought the price of bitcoin dropped will help altcoin prices again" <- So do you think there is definitely an inverse correlation between Bitcoin and Ripple prices?

"Many people say ripple is a scam coin" <- Who did, where? Which link/forum? and Why? Are there any good reasons why it's been said to be a scam coin? Can you justify?

IMO price is being manipulated... current price is used to accumulate large positions without affecting price over a longer period.  When bags are full price will pump again.

Do you mean someone is buying and selling at low prices and slowly accumulating large number of XRPs while maintaining the current price?

[illaslli]

Ripple has gotten widespread usage so its not a direct scam, but indirectly it is and here's why:

1. Its pre-mined which only profits the company ripple
2. Its being hyped up as used by banks when in fact the banks are only using the blockchain and not the currency
3. Its not a real crypto, its based on a more or less centralized verification system

[Roselop]

well, ripple will not increase its value anymore, it just stay there as a bait. a centralized token that has been used for price manipulation is not a good concept in crypto currency. Investors that have been deceived were now stuck their money in a overvalued coin.

It's right . it had grown up very highly in short time and many investors have got a very big profit(1500%) when xrp was under 1000 sats 1,5 months ago
so they must take their profits from this investment and Ofcourse this coin must have a big decrease for long time .

[streamliner]

Ripple has gotten widespread usage so its not a direct scam, but indirectly it is and here's why:

1. Its pre-mined which only profits the company ripple
2. Its being hyped up as used by banks when in fact the banks are only using the blockchain and not the currency
3. Its not a real crypto, its based on a more or less centralized verification system

So which other coin do you think then will allow for quick under 5 seconds transfers, secure, accepted by financial regulation? And why?

[Mrpumperitis]

Ive been testing XRP tranasaction speeds for past few days...
no special software...lol

ok , when you try to send btc ,eth or any or coin from wallet to wallet or , wallet to exchange or exchange to exchange...
you always need to wait at least 30min to hours+...and the fees are high and mount up quickly if you move around coins a few times

Now with XRP...under 10seconds i sent XRP from Bitstamp to Kraken and the fees were a fraction of 1XRP..!

so why try and move slow and expensive btc around...while you wait about the prices change too lol

im now gonna start advising people that want to move coins quickly , buy XRP , it is the fastest and cheapest option available...

anyone think otherwise?

[RayX12]

http://www.newsbtc.com/2017/05/12/bitcoin-network-backlog-grows-165000-unconfirmed-transactions/
It was only to be expected there would be Bitcoin congestion at some point. Given the recent surge in popularity, that is not entirely surprising. However, this new backlog has grown out of proportions by quite a margin. With over 165,000 transactions waiting for confirmations, things are not looking that great. It appears Bitcoin users are forced to pay higher fees or hold off on broadcasting transactions for the time being.


Im sure at least 50% of this traffic is people buy btc for alts...
What if XRP becomes the new default entry coin for alts...inc btc?
With XRP speed,cheaper fees and proven reliability, it is possible...esp if it takes over btc market cap ( we almost 1/3rd there )

Well if looking forward this ca be possible since we are seeing heavy traffic and the fee hurts btc holders for sure people around will look for another way to make it quicker yet cheaper fees.

I moved xrp from Poloniex to Bittrex and took less than five seconds.
I sent BTC from my wallet to Bittrex and got stuck for 6 days.

Same findings above.

[kadscuk]

I would advise everyone to put coinigniter and other trolls on ignore...real investors value their time and need to sift through endless crap to find the goods

I've made over $800k on ripple alone...one of my many investments....

And I invested when nobody had even heard of ripple...3-4 years ago

So.....when n00bs who started trading last week act like experts...and have literally no clue what they're talking about, they need to be called out

Until you've made your first $500k in crypto, time to listen more than you talk....you don't sound like a real investor or entrepreneur and the signs are all there

I follow this thread to see sentiment...but don't forget who's reading here and how stupid idiots like coinigniter sound

 

The noon calling a noob a noob. Lol.

Newbie on the forum doesnt mean newbie in real life...

If the extent of your understanding is "online reputation" then its obvious why you don't have a clear mind to invest properly

Look beyond hype and look at actual fundamentals and implementation - all the banks are in bed with ripple...those are the facts

All you're doing is FUDing

Real question for you is: how much money have you actually made from ripple to be making these types of assertion?

Tell me how much money you've made from ripple (honestly) or STFU

Bought 2BTC of XRP on Match 1st for .00000444 and sold on May 16th at .000195 so please sit back down. It didn't take me 3 years to make a profit.  

And if you want screen shots of the orders I'd be more then happy.

Ok, so this tells me you're an absolute beginner...nothing wrong with that..but its important to put your claims into perspective

Thanks for letting us know

[Laje]

XRP is a strange social thing. The balance between hate and love but only a few people know how it works and its usefully. It has a lot of haters because it's made for banks. It has a lot of lovers for its technology. Controversial coin.

So, people who believe in XRP follow their intuition and invest in it.
People that hate XRP shut up and let other people be happy.

Every day this coin is dead, but here it is.
XRP markets are crazy, like others.

But I would like to know how XRP and cryptoworld affect negotiations about TTIP and CETA.

[Mrpumperitis]

woaa..nice , got sum orders filled under 10k...thanks guys...ama hodling these for a few yrs

this is gonna be the biggest summer of crypto of all time....not smart to try and short large amounts...
gd luck ....

btw big month again for XRP...big events, coin lock up and i hear Coinbase adding XRP this month  

guys...before doing any buying or selling..check this out then decide
poloniex..1month , 4hour...

now from 27may till now...if you cant see uptrend and ready for take off...then ....o well lol
we are in prime condition, perfect postion just ready to fly past 50cents 

[Katewind]

woaa..nice , got sum orders filled under 10k...thanks guys...ama hodling these for a few yrs

this is gonna be the biggest summer of crypto of all time....not smart to try and short large amounts...
gd luck ....

btw big month again for XRP...big events, coin lock up and i hear Coinbase adding XRP this month  

guys...before doing any buying or selling..check this out then decide
poloniex..1month , 4hour...

now from 27may till now...if you cant see uptrend and ready for take off...then ....o well lol
we are in prime condition, perfect postion just ready to fly past 50cents 

You will become a millionaire in next years if you can hold it for long-term period .
Many investors have left this XRP for another projects and I hope you are right with this decision.

[paramind22]

I don't see why it can't reach again the highs it's already achieved.   What is so different about the world now compared to two months ago?

[vsyc]

Just some points on SBI VC: https://www.xrpchat.com/topic/4592-sbi-virtual-currencies-opened-their-official-website/

There are rumors (more even convinced that its not rumors) that its going to use RLC & ILP.

Guys, news will be announced, price will jump in a sec, Japan investors will buy. Trolls will be crying of missing train, scratching head and thinking to jump in or not. And price will be growing.

[styca]

I'm not convinced that XRP is going to rocket up soon, but I'm convinced that it will at some point.
I have faith in XRP long-term (not just Ripple, XRP as well).
So I'm holding, and will continue to hold, and will buy more if it falls... just look at what the price was even 1 month ago...

[laiducnam]

I am lil fucker that buys XRP!!!

[vsyc]

I am lil fucker that buys XRP!!!

  yee lil fucker!!!! 

[comp]

Just some points on SBI VC: https://www.xrpchat.com/topic/4592-sbi-virtual-currencies-opened-their-official-website/

There are rumors (more even convinced that its not rumors) that its going to use RLC & ILP.

Guys, news will be announced, price will jump in a sec, Japan investors will buy. Trolls will be crying of missing train, scratching head and thinking to jump in or not. And price will be growing.

Recycling all this criplecrap all the time

[CoinIgniter]

how to spot a troll in 3 easy steps

1- noobie account, but thinks they know everything
2- talks alot
3- doesnt listen

 

Everyone starts somewhere on these forums. Calling me a troll doesn't negate the concerns about XRP.

what made you think the above comment from me was for you ??   
wrong, you have been here before...you dont just create a new account to come bashing a coin...we are not that stupid m8..
also i asked a simple question 3 times...nothing near as complex or stupid as your questions...
ill try for the last time...

AGAIN...nothing personal...but why the noobie account to come here and post nothing but negativity on a coin you seem to know about but dont want to buy?

I've been a long time lurker, just blown away by all the XRP hype so I wanted to put my 2 cents in the pot.  Too many noobs think XRP is going to make them rich, like bought 10,000 ETH at $0.80 rich, so I had to chime in. Math just isn't there, supply just is way too much and the creators still own 60%+.

How about you show us your math? Maybe 5-10 clear distinct steps of your logic and supporting arguments around what value you would place on XRP and why?

1) Banks will use Ripple tech not actual XRP.
2) The XRP that is destroyed by transactions is not enough to significantly reduce circulation in the foreseeable future considering that 1,000,000 transactions would only cost 10 XRP.  
3) For XRP to hit $1 total XRP market cap would need to be $38B-$100B depending on total circulation at the time.  For a $10 valuation that would need $380B-$1T total XRP market cap.  Let's give XRP the benefit of the doubt and say it captures 25% of the total crypto market cap (all coins).  That would mean a $10 per token value would need to be in a $1.5T to $4T total market cap scenario. That scenario would need BTC north of $100k per token.  While I do believe that BTC has the potential to reach that number and even higher I think we are still a ways off.
4) Ripple currently controls 62% of tokens of which 54B will be locked up for the next year then start dumping on the market 1B at a time.  During this time they still have 8B which is 17% of total unlocked up tokens to manipulate the market with.  
5) Previous articles hinted that Ripple was going to retain 50B permanently, now they have a contract to release them.
6) Today it looks like it's on a warpath downward just like it did the last time it spiked then spent 2 years trying to find a bottom while loosing 95% of its value.  

I am not saying that XRP won't go up in value but I hear a lot of people with the idea that it will be up there with ETH.  It won't.  It may hit around $1 this year or early next but as soon as the contracts start to release 1B on the market every month that will drop the price significantly and keep it at or below $1 for a very very long time.  It also may just stay in a price range between $.2 and $.4.




 

[styca]

I'm sure someone will have linked to it before, but this is a great post explaining Ripple and XRP:
https://www.xrpchat.com/topic/4565-ripple-for-dumdums-a-laymans-explanation/