[XRP] Ripple Speculation

[azmojo]

Anyone know what's causing the spike?

[LongTermCrypto]

Anyone know what's causing the spike?

DASH will be added to the Ripple network via integration into GateHub Fifth, one of the most prominent Ripple gateways that currently provides BTC, ETH, ETC, and REP issuance on the Ripple network.

https://www.dashcentral.org/p/Create-the-first-DASH-gateway-on-Ripple

 

[Orias67]

Anyone know what's causing the spike?

DASH will be added to the Ripple network via integration into GateHub Fifth, one of the most prominent Ripple gateways that currently provides BTC, ETH, ETC, and REP issuance on the Ripple network.

https://www.dashcentral.org/p/Create-the-first-DASH-gateway-on-Ripple

 

So you think Dash will pump ?

[azmojo]

XEM is spiking too. Something is up.

[Pzest1]

So considering anyone with a glass half empty view is a troll and is uneducated, maybe the people that have been asking why banks havent bought big on XRP should read this. Written by someone that is educated and has done research and will offer far more evidence then the hyping cocks on here. He also wrote an article on what other coins can learn from Ripple and their protocol so he is quite fond of Ripple but is a realest in the below article, which is refreshing

https://bravenewcoin.com/news/counterarguments-to-ripples-value-preposition/

'In Ripple, you can transact purely in IOUs all day every day without touching XRPs for anything else than the fees.'

'if everyone agreed to use XRPs as the common currency, you would only need to make one market per currency - between that currency and XRP.'

'Just because someone can receive XRPs, doesn't mean they'll want to settle in XRPs.'

'XRPs might be a decent universal currency for people that want to hold XRPs, but that might not be ideal for banks or big institutions. That's why we see networks like Corda, or even Interledger Protocol (also developed by Ripple) that don't rely on a native cryptocurrency gain traction,'

'If you are going to see real-world use cases being deployed on Ripple, it will be more likely to see them leveraging the existing FX markets rather than going through XRPs.'

'While XRPs have no counterparty risk, they also have no counterparty protection. If anyone steals your XRPs, they are gone. With IOUs, you can still appeal to the issuing gateway to halt the transaction and potentially track down where it was withdrawn to. The IOUs are thus much less of a target.'

'On a similar note, XRPs are much harder to track, which would make them less appealing from a compliance standpoint.'

'If a value of a given currency changes in value, you only need to adjust the market using that currency. If XRPs were the universal currency against which all of the currencies would be traded, any time the value of XRPs would fluctuate, you'd have to adjust the entire market.'

'XRPs have no transfer fees attached to them. While is possible for a gateway to issue IOUs without transaction fees (that's essentially Tether's business model, but on another network), perhaps even leveraging some other big crypto like Bitcoin or Ethereum through voting pools, the fees on those IOUs can always be changed. It seems that the network standard for transfer fees is about 0.2%, which seems to be smaller than the spread on XRP's biggest market (at the time of writing, 0.00015086 sell, 0.00015003 buy, giving about 0.55% spread). So it is possible that sending money through a very liquid FX market you would pay less in transfer fees than going through a less liquid XRP market on just the spread.'

'So this leaves XRPs with their primary role - paying transaction fees and fulfilling the needed reserves. All in all, about 50-100 XRPs per person / account would be enough for a lifetime of usage. That used to be less than 1 USD, and now is about 35 USD.'

Let me guess this guy hasnt done his research and its just FUD and you keyboard warriors know more? Lets see how quick real facts that we have been able to backup, as opposed to your SPECULATION gets pushed back pages so noone can find it.

Oh more days down and more downward movement, dam its going to be a quick boom to get 20bill market cap....or was it MINUS 20 bill lol

[streamliner]

So considering anyone with a glass half empty view is a troll and is uneducated, maybe the people that have been asking why banks havent bought big on XRP should read this. Written by someone that is educated and has done research and will offer far more evidence then the hyping cocks on here. He also wrote an article on what other coins can learn from Ripple and their protocol so he is quite fond of Ripple but is a realest in the below article, which is refreshing

https://bravenewcoin.com/news/counterarguments-to-ripples-value-preposition/

'In Ripple, you can transact purely in IOUs all day every day without touching XRPs for anything else than the fees.'

'if everyone agreed to use XRPs as the common currency, you would only need to make one market per currency - between that currency and XRP.'

'Just because someone can receive XRPs, doesn't mean they'll want to settle in XRPs.'

'XRPs might be a decent universal currency for people that want to hold XRPs, but that might not be ideal for banks or big institutions. That's why we see networks like Corda, or even Interledger Protocol (also developed by Ripple) that don't rely on a native cryptocurrency gain traction,'

'If you are going to see real-world use cases being deployed on Ripple, it will be more likely to see them leveraging the existing FX markets rather than going through XRPs.'

'While XRPs have no counterparty risk, they also have no counterparty protection. If anyone steals your XRPs, they are gone. With IOUs, you can still appeal to the issuing gateway to halt the transaction and potentially track down where it was withdrawn to. The IOUs are thus much less of a target.'

'On a similar note, XRPs are much harder to track, which would make them less appealing from a compliance standpoint.'

'If a value of a given currency changes in value, you only need to adjust the market using that currency. If XRPs were the universal currency against which all of the currencies would be traded, any time the value of XRPs would fluctuate, you'd have to adjust the entire market.'

'XRPs have no transfer fees attached to them. While is possible for a gateway to issue IOUs without transaction fees (that's essentially Tether's business model, but on another network), perhaps even leveraging some other big crypto like Bitcoin or Ethereum through voting pools, the fees on those IOUs can always be changed. It seems that the network standard for transfer fees is about 0.2%, which seems to be smaller than the spread on XRP's biggest market (at the time of writing, 0.00015086 sell, 0.00015003 buy, giving about 0.55% spread). So it is possible that sending money through a very liquid FX market you would pay less in transfer fees than going through a less liquid XRP market on just the spread.'

'So this leaves XRPs with their primary role - paying transaction fees and fulfilling the needed reserves. All in all, about 50-100 XRPs per person / account would be enough for a lifetime of usage. That used to be less than 1 USD, and now is about 35 USD.'

Let me guess this guy hasnt done his research and its just FUD and you keyboard warriors know more? Lets see how quick real facts that we have been able to backup, as opposed to your SPECULATION gets pushed back pages so noone can find it.

Oh more days down and more downward movement, dam its going to be a quick boom to get 20bill market cap....or was it MINUS 20 bill lol

If banks let me store my XRP then I have counterparty protection because if they lose it they have to pay me back. Just like the money in my bank account.

Not all of what this guy has said is true although he thinks he knows his stuff.

[vsyc]

So considering anyone with a glass half empty view is a troll and is uneducated, maybe the people that have been asking why banks havent bought big on XRP should read this. Written by someone that is educated and has done research and will offer far more evidence then the hyping cocks on here. He also wrote an article on what other coins can learn from Ripple and their protocol so he is quite fond of Ripple but is a realest in the below article, which is refreshing

https://bravenewcoin.com/news/counterarguments-to-ripples-value-preposition/

'In Ripple, you can transact purely in IOUs all day every day without touching XRPs for anything else than the fees.'

'if everyone agreed to use XRPs as the common currency, you would only need to make one market per currency - between that currency and XRP.'

'Just because someone can receive XRPs, doesn't mean they'll want to settle in XRPs.'

'XRPs might be a decent universal currency for people that want to hold XRPs, but that might not be ideal for banks or big institutions. That's why we see networks like Corda, or even Interledger Protocol (also developed by Ripple) that don't rely on a native cryptocurrency gain traction,'

'If you are going to see real-world use cases being deployed on Ripple, it will be more likely to see them leveraging the existing FX markets rather than going through XRPs.'

'While XRPs have no counterparty risk, they also have no counterparty protection. If anyone steals your XRPs, they are gone. With IOUs, you can still appeal to the issuing gateway to halt the transaction and potentially track down where it was withdrawn to. The IOUs are thus much less of a target.'

'On a similar note, XRPs are much harder to track, which would make them less appealing from a compliance standpoint.'

'If a value of a given currency changes in value, you only need to adjust the market using that currency. If XRPs were the universal currency against which all of the currencies would be traded, any time the value of XRPs would fluctuate, you'd have to adjust the entire market.'

'XRPs have no transfer fees attached to them. While is possible for a gateway to issue IOUs without transaction fees (that's essentially Tether's business model, but on another network), perhaps even leveraging some other big crypto like Bitcoin or Ethereum through voting pools, the fees on those IOUs can always be changed. It seems that the network standard for transfer fees is about 0.2%, which seems to be smaller than the spread on XRP's biggest market (at the time of writing, 0.00015086 sell, 0.00015003 buy, giving about 0.55% spread). So it is possible that sending money through a very liquid FX market you would pay less in transfer fees than going through a less liquid XRP market on just the spread.'

'So this leaves XRPs with their primary role - paying transaction fees and fulfilling the needed reserves. All in all, about 50-100 XRPs per person / account would be enough for a lifetime of usage. That used to be less than 1 USD, and now is about 35 USD.'

Let me guess this guy hasnt done his research and its just FUD and you keyboard warriors know more? Lets see how quick real facts that we have been able to backup, as opposed to your SPECULATION gets pushed back pages so noone can find it.

Oh more days down and more downward movement, dam its going to be a quick boom to get 20bill market cap....or was it MINUS 20 bill lol

You call that crap research? of educated person? ROFL LOL!!! Go away and look for proper research not some collection of FUD with mix of some biased understanding and etc.

If you need something that really can be called "conclusion on research" that read here: https://www.xrpchat.com/topic/5233-relative-markets-and-analysis/

[comp]

hilarious , the newbies troll patrol...
btw newbie fud is pointless...
why would anyone listen to a noobie?

i find it really funny and a bit sad tbh
 that they are so scared to use their normal username profiles and have to make new ones just to try and fud lol
if you trolls want to discuss, bring on a hero+ member and we can have a experienced discussion...or are you scared in case your name gets ripped apart along with whatever coin your hodlin lol
have you guys noticed there is no hero+ member fudding here ?  because they are sensible profiles ( most of the time lol )
noobies....

A hero+ member? Somebody who posted 512 delusional cripple  cryptocrap posts?

Even if it was "cryptocrap" (which it ain't) it would be a better read than what some whiny lil bitch posts who has nothing better to with their wasted lives than create a profile for the apparent sole purpose of trolling a forum, offering zero constructive information and probably wallowing in their own shitty diapers while they think of ways to either gloat or spread said shit everywhere they troll in their annoying and sad attempts of impressing others with their bloated and delusional sense of self-importance.

Crap on Crap on you lil smelly riptobiatch. Pump that criple so I will get rid of it. I only use the rational part of my brain and I won't get fucked by thos smelly banker boys. The math isn't correct and the ripple cheercrowd is only relaying old boring delusional crap. I mean just read most of the things, the number of assumptions made is just ridiculous. I think a lot of people on the ripple train want to get of the train.....and I bet the exit station is something like 25 eurocent. Those people will dump and run and never come back afterwards.

If you have anything except an overworked emo-brain, between your ears I advise you to sell your ripples asap. This advice is for free off course.

I must say I like this ripple topic most of all. A lot of lil bitching...love it

[groko271]

So considering anyone with a glass half empty view is a troll and is uneducated, maybe the people that have been asking why banks havent bought big on XRP should read this. Written by someone that is educated and has done research and will offer far more evidence then the hyping cocks on here. He also wrote an article on what other coins can learn from Ripple and their protocol so he is quite fond of Ripple but is a realest in the below article, which is refreshing

https://bravenewcoin.com/news/counterarguments-to-ripples-value-preposition/

'In Ripple, you can transact purely in IOUs all day every day without touching XRPs for anything else than the fees.'

'if everyone agreed to use XRPs as the common currency, you would only need to make one market per currency - between that currency and XRP.'

'Just because someone can receive XRPs, doesn't mean they'll want to settle in XRPs.'

'XRPs might be a decent universal currency for people that want to hold XRPs, but that might not be ideal for banks or big institutions. That's why we see networks like Corda, or even Interledger Protocol (also developed by Ripple) that don't rely on a native cryptocurrency gain traction,'

'If you are going to see real-world use cases being deployed on Ripple, it will be more likely to see them leveraging the existing FX markets rather than going through XRPs.'

'While XRPs have no counterparty risk, they also have no counterparty protection. If anyone steals your XRPs, they are gone. With IOUs, you can still appeal to the issuing gateway to halt the transaction and potentially track down where it was withdrawn to. The IOUs are thus much less of a target.'

'On a similar note, XRPs are much harder to track, which would make them less appealing from a compliance standpoint.'

'If a value of a given currency changes in value, you only need to adjust the market using that currency. If XRPs were the universal currency against which all of the currencies would be traded, any time the value of XRPs would fluctuate, you'd have to adjust the entire market.'

'XRPs have no transfer fees attached to them. While is possible for a gateway to issue IOUs without transaction fees (that's essentially Tether's business model, but on another network), perhaps even leveraging some other big crypto like Bitcoin or Ethereum through voting pools, the fees on those IOUs can always be changed. It seems that the network standard for transfer fees is about 0.2%, which seems to be smaller than the spread on XRP's biggest market (at the time of writing, 0.00015086 sell, 0.00015003 buy, giving about 0.55% spread). So it is possible that sending money through a very liquid FX market you would pay less in transfer fees than going through a less liquid XRP market on just the spread.'

'So this leaves XRPs with their primary role - paying transaction fees and fulfilling the needed reserves. All in all, about 50-100 XRPs per person / account would be enough for a lifetime of usage. That used to be less than 1 USD, and now is about 35 USD.'

Let me guess this guy hasnt done his research and its just FUD and you keyboard warriors know more? Lets see how quick real facts that we have been able to backup, as opposed to your SPECULATION gets pushed back pages so noone can find it.

Oh more days down and more downward movement, dam its going to be a quick boom to get 20bill market cap....or was it MINUS 20 bill lol

You call that crap research? of educated person? ROFL LOL!!! Go away and look for proper research not some collection of FUD with mix of some biased understanding and etc.

If you need something that really can be called "conclusion on research" that read here: https://www.xrpchat.com/topic/5233-relative-markets-and-analysis/

Written by....

Piotr Piasecki is a master of science and a double bachelor in the field of computer science and informatics. He is currently an Advisor for the Crypto Currency Certification Consortium, Chief Scientist at Provable Inc, and Core Developer at Factom.

Factom boy got ripple envy

[bobit]

http://www.cryptoquicknews.com/satoshi-citadel-industries-will-integrate-xrp-remittance-mobile-money-services/

To put this news into perspective, BuyBitocin.ph will be the first subsidiary to enable XRP trading in the next few weeks. This allows users to buy and sell XRP in exchange for Philippine Pesos. Rebit.ph and Bitbit.cash will enable XRP support in the future as well, although no specific dates have been announced for these platforms.

[Ceballos]

XRP News: https://www.cryptoninjas.net/2017/05/25/japan-crypto-exchange-bitbank-goes-live-xrp-trading/amp/

[tris_rambo]

Hello ripplers!

Long time listener. First time caller.

Got in with xrp just before it pumped - in for the long HODL.
Loving the ride.

Hope to take part in more discussions now that i'm signed up etc.

T

[Mrpumperitis]

GUYS...i dont know when this was made, or even by who( i dont know who uqiud are) ,lol
but it seems awesome.

i just saw it, and i will look into more tonight...please do the same...


https://uquid.com/ripple-xrp-debit-card
Ripple (XRP) Debit Card allows you to pay, simply and securely, in person, online, over the phone or through the mail. UQUID account help you loading money into your card, keep track of your spending and  balance.

    Ripple (XRP) Debit Card can be used whether you're home or away, at any time of day or night, so there's no need for cash
    Wherever you use Ripple (XRP) Debit Card, you are fully protected. If, for example, you're unfortunate enough to book a holiday with an airline or travel agent that becomes insolvent, you'll generally get your money back. Similarly, if you order something that is not delivered, not as described, or arrives faulty or damaged, you’ll receive a full refund
    It's a safe, secure way to pay, backed up by proven security technologies like Verified by Visa and Chip and PIN
    It's more versatile than cash, and if you lose it, you can order a replacement
    As millions of VISA customers around the world have found, you can easily use Ripple (XRP) Debit Card everyday, everywhere, for everything

[styca]

I remember seeing that card a while ago, I don't think it's new.
Also there's this: https://uquid.com/uquid-card ... where they say you can use it with 40+ different cryptos, so it's not just XRP.

They also say you can sign up for the debit card with no proof of ID, which sounds a bit weird. It might be okay, but I'd be wary.

[LongTermCrypto]

Starting tomorrow:

Japan crypto exchange Bitbank goes live with XRP trading

" Every day for three months during the campaign, XRP equivalent to a total of 800 dollars per day will be given to customers who are within the top 5 ranking in volume on bitbank’s XRP/JPY market, according to a proportional distribution method. "

https://www.cryptoninjas.net/2017/05/25/japan-crypto-exchange-bitbank-goes-live-xrp-trading/

 

[Andy0990]

Hi All,
Sorry for the bad English.
Help me understand. Is it a rule that when bitcoin increases, xrp decreases?
Do I have to buy xrp, do I buy them in euro or in bitcoin?
If you buy xrp in bitcoin, and the bitcoin value drops as xrp rises the increase in xrp would be burned by the bitcoin decrease?

Thanks for the answers and sorry if these questions are too trivial to you,
but for me, this is a new world.

Andy.

[vlad06]

Starting tomorrow:

Japan crypto exchange Bitbank goes live with XRP trading

" Every day for three months during the campaign, XRP equivalent to a total of 800 dollars per day will be given to customers who are within the top 5 ranking in volume on bitbank’s XRP/JPY market, according to a proportional distribution method. "

https://www.cryptoninjas.net/2017/05/25/japan-crypto-exchange-bitbank-goes-live-xrp-trading/

 

That story is a week old. It's already live isn't it? It hasn't grown much.

[LongTermCrypto]

Starting tomorrow:

Japan crypto exchange Bitbank goes live with XRP trading

" Every day for three months during the campaign, XRP equivalent to a total of 800 dollars per day will be given to customers who are within the top 5 ranking in volume on bitbank’s XRP/JPY market, according to a proportional distribution method. "

https://www.cryptoninjas.net/2017/05/25/japan-crypto-exchange-bitbank-goes-live-xrp-trading/

 

That story is a week old. It's already live isn't it? It hasn't grown much.

Read the post please, "Starting tomorrow"

[Mrpumperitis]

RIPPLERS........................
 
 

XRP feeding frenzy is about to begin...

                     

watch what happens when demand is higher than supply....






 

[Orias67]

Starting tomorrow:

Japan crypto exchange Bitbank goes live with XRP trading

" Every day for three months during the campaign, XRP equivalent to a total of 800 dollars per day will be given to customers who are within the top 5 ranking in volume on bitbank’s XRP/JPY market, according to a proportional distribution method. "

https://www.cryptoninjas.net/2017/05/25/japan-crypto-exchange-bitbank-goes-live-xrp-trading/

 

I don't understand what we need to do to get this distribution, can someone explain me please ?