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Author Topic: [XRP] Ripple Speculation  (Read 590384 times)
Bizzicoiner
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June 26, 2017, 07:36:53 AM
 #3381

Wink

This is the difference between XRP and Ripple.

by ecurrencyhodler @ https://www.reddit.com/r/Ripple/comments/6jd9w6/this_is_the_difference_between_xrp_and_ripple/


Here is the difference between xrp and ripple taken from their whitepapers:

1) Ripple, the company, offers banks a software called Ripple Connect (thanks /u/cmbartley) which uses InterLedger Protocol (ILP) to transfer $$ between banks with a minimal fee because it doesn't have to get transferred 2-3 times into different fiats or service fees. It simply needs to get converted once. This software DOES NOT USE XRP.

2) XRP is simply a cryptocurrency that exists outside of this software that is high in liquidity and has fast transactions. There is nothing that distinguishes XRP from other cryptocurrencies that carry the same properties such as LTC or Zcash. Source: https://youtu.be/51dMe_Oui4M?t=2439
 

For you newcomers out there looking to invest in this coin, you need to know the following things:

1) The success of Ripple the company is not directly tied to the value of XRP.

2) When you buy Ripple, you are simply buying another cryptocurrency. It's advantages are its fast transaction times, high liquidity, and finally the various exchanges it's on.

3) You are NOT buying the currency that banks are currently using to transfer their money. So banks are not buying XRP right now and you should not expect banks to buy up a whole ton of XRP in the near future.

4) However, Ripple the company will advocate for use of XRP as the cryptocurrency of choice within Ripple connect for banks to transfer money in the ILP between lesser known fiats outside of the USD and the Euro.

 Smiley

Ahhh i see the same mETH head is now on butthurttalk and trying to twist things again... LOL.
What are you trying?

Bring people to the "church of dont use xrp"?  Are you the prophet everyone was waiting for? The prophet that guarded the whole world because he did his own research to say in the future "look, thats muh legacy" 

Congratulations...but the world is spinning, so are the fidget spinners and ripple...
 

YOU WON'T EVER HAVE AN IMPACT ON THIS.

You are just one of the same persons hiding under another username...
Your agenda is clear like STD's. What i think you must have plenty of those std's.

Remind me when $XRP goes up and you will start the same twisted "arguments" and your expertise will become MORE AND MORE "important" to all the people coming to butthurttalk.
 
But guess what bro...there is nothing more important than you...a tree in the forrest


OMG i am getting so sick of the FUDdy duddies. No other crypto currency hets anywhere near the amount of fud and bs thrown at it. Entire complex memes, carefully constructed using language that xrp holders know well, and that layman know well enough. So deperate to twist the words from people who work at Ripple to come nvince everyone else that xrp is worthless.
And yet non of them can ever answer the simple question of why they care so much.
If you hodl xrp then why so excited in claiming it is worthless?
If xrp is so shit and we are so stupid why continue to spam this shit. Why not just let us fail?

The real answer is xrp is a threat!

https://www.xrpchat.com/topic/6717-27-trillion-market-bank-dlt-and-blockchain-insider-claims-ripple-pivoting-away-from-xrp/#comment-64230

We who have faith now will be rwarded well!!
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JohnUser
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June 26, 2017, 07:43:54 AM
 #3382

Mr. Pumpertilis,
 Where I PM you at? I just found out several things I don't ant to post publicly until someone else agrees it's ok to post?
Thanks,
CyrptoKraken

pm me here bro, just click my name and  then send pm
Whether that's good news, and can raise the price of Ripple in exchange
Because it's been a long time since there's no rise again

As LTC, ETH and many alt. One day it rise and holders are happy.
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June 26, 2017, 08:51:14 AM
 #3383

I like ripple a lot, but the thing is there are too many ICO out there, the cash will flow away from ripple I am quite sure
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June 26, 2017, 11:37:04 AM
 #3384

Wink

This is the difference between XRP and Ripple.

by ecurrencyhodler @ https://www.reddit.com/r/Ripple/comments/6jd9w6/this_is_the_difference_between_xrp_and_ripple/


Here is the difference between xrp and ripple taken from their whitepapers:

1) Ripple, the company, offers banks a software called Ripple Connect (thanks /u/cmbartley) which uses InterLedger Protocol (ILP) to transfer $$ between banks with a minimal fee because it doesn't have to get transferred 2-3 times into different fiats or service fees. It simply needs to get converted once. This software DOES NOT USE XRP.

2) XRP is simply a cryptocurrency that exists outside of this software that is high in liquidity and has fast transactions. There is nothing that distinguishes XRP from other cryptocurrencies that carry the same properties such as LTC or Zcash. Source: https://youtu.be/51dMe_Oui4M?t=2439
 

For you newcomers out there looking to invest in this coin, you need to know the following things:

1) The success of Ripple the company is not directly tied to the value of XRP.

2) When you buy Ripple, you are simply buying another cryptocurrency. It's advantages are its fast transaction times, high liquidity, and finally the various exchanges it's on.

3) You are NOT buying the currency that banks are currently using to transfer their money. So banks are not buying XRP right now and you should not expect banks to buy up a whole ton of XRP in the near future.

4) However, Ripple the company will advocate for use of XRP as the cryptocurrency of choice within Ripple connect for banks to transfer money in the ILP between lesser known fiats outside of the USD and the Euro.

 Smiley

So Ripple, the company, encourages using XRP, right? Then if this company is having success and many famous banks want to work with it, XRP, the coin should be successful too.

IMO it would be right to say that XRP and Ripple are different things only if there was no connection at all between the two.
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June 26, 2017, 11:43:36 AM
 #3385

I think....

XRP is worth more than Ripple..
It behooves Ripple to take care of XRP..
DUH!!!!!!!!!!!!!!!!!

Therefore I am....
vsyc
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June 26, 2017, 04:49:22 PM
 #3386

At current stage, all top 10 coins get Down by 15-25%, but only two stands at 7.5% drop XRP and BTC (I would love to remove it, but lets respect contenders), and XRP on 0.1 has less drop than BTC Cheesy Do you need stronger signs, of significant support?
MemberBerries
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June 26, 2017, 04:51:32 PM
Last edit: June 26, 2017, 06:44:28 PM by MemberBerries
 #3387

If anyone has problems sending btc or eth trough exchanges, i just wanted to tell you guys that you can use $XRP. Best solution
mfqrs3
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June 26, 2017, 05:48:04 PM
 #3388

At current stage, all top 10 coins get Down by 15-25%, but only two stands at 7.5% drop XRP and BTC (I would love to remove it, but lets respect contenders), and XRP on 0.1 has less drop than BTC Cheesy Do you need stronger signs, of significant support?

Yes, but when XRP went down 30% others (BTC, ETH) went up 30% so... it is still underperformer.
vsyc
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June 26, 2017, 05:54:55 PM
 #3389

At current stage, all top 10 coins get Down by 15-25%, but only two stands at 7.5% drop XRP and BTC (I would love to remove it, but lets respect contenders), and XRP on 0.1 has less drop than BTC Cheesy Do you need stronger signs, of significant support?

Yes, but when XRP went down 30% others (BTC, ETH) went up 30% so... it is still underperformer.

But when XRP went up 30% others went down, so others still pretend to be performant!
JoelKatz
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June 26, 2017, 05:57:35 PM
 #3390

So Ripple, the company, encourages using XRP, right? Then if this company is having success and many famous banks want to work with it, XRP, the coin should be successful too.

IMO it would be right to say that XRP and Ripple are different things only if there was no connection at all between the two.
Think about it this way:

Ripple holds over 60 billion XRP. Given the way that's being escrowed, Ripple will almost certainly be the largest holder of XRP for the foreseeable future. For every penny the price of XRP goes up, the notional value of Ripple's XRP goes up by six hundred million dollars. Ripple can only materialize that value for its shareholders if that value and liquidity are preserved over the next several years.

Sure, Ripple makes money by selling software to banks. But how many banks do you think Ripple would have to close to make six hundred million dollars in license/support fees? That would equal the value of a sustained one cent increase in the price of XRP.

I am an employee of Ripple. Follow me on Twitter @JoelKatz
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san2ok
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June 26, 2017, 06:01:31 PM
 #3391

So Ripple, the company, encourages using XRP, right? Then if this company is having success and many famous banks want to work with it, XRP, the coin should be successful too.

IMO it would be right to say that XRP and Ripple are different things only if there was no connection at all between the two.
Think about it this way:

Ripple holds over 60 billion XRP. Given the way that's being escrowed, Ripple will almost certainly be the largest holder of XRP for the foreseeable future. For every penny the price of XRP goes up, the notional value of Ripple's XRP goes up by six hundred million dollars. Ripple can only materialize that value for its shareholders if that value and liquidity are preserved over the next several years.

Sure, Ripple makes money by selling software to banks. But how many banks do you think Ripple would have to close to make six hundred million dollars in license/support fees? That would equal the value of a sustained one cent increase in the price of XRP.

i thought the tech are given for free.. (O_O)?
if selling to the bank, meaning will also sell the coin off-market too

vsyc
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June 26, 2017, 06:08:14 PM
 #3392

So Ripple, the company, encourages using XRP, right? Then if this company is having success and many famous banks want to work with it, XRP, the coin should be successful too.

IMO it would be right to say that XRP and Ripple are different things only if there was no connection at all between the two.
Think about it this way:

Ripple holds over 60 billion XRP. Given the way that's being escrowed, Ripple will almost certainly be the largest holder of XRP for the foreseeable future. For every penny the price of XRP goes up, the notional value of Ripple's XRP goes up by six hundred million dollars. Ripple can only materialize that value for its shareholders if that value and liquidity are preserved over the next several years.

Sure, Ripple makes money by selling software to banks. But how many banks do you think Ripple would have to close to make six hundred million dollars in license/support fees? That would equal the value of a sustained one cent increase in the price of XRP.

Its time for Ripple to think to become a ever first crypto bank, with low cost, super fast transactions and no nostro in between. Branches/ATM in all around the world, to buy Fiat/Crypto using XRP!
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June 26, 2017, 06:20:45 PM
 #3393

If anyone has problems sending btc or eth trough exchanges, i just wanted to tell you guys that you can use $XRP. Best solution in times like this
that's a good alternatives for those who's experiencing issue with this 2 coins or some other coins and xrp really become useful as long as
the traders and investors understand this the value will rise up again while btc will also try to survive.

JoelKatz
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June 26, 2017, 06:49:33 PM
 #3394

i thought the tech are given for free.. (O_O)?
if selling to the bank, meaning will also sell the coin off-market too
It depends what you mean by "the tech".

XRP and ILP are open. Anyone can use them however they want.

Ripple also sells software to banks that integrates things like XRP and ILP with banking systems. This handles the parts of the transaction that XRP and ILP don't handle, primarily end-to-end pre-payment messaging and integration with banking systems and processes.

If we had to give it away for free to drive adoption, we probably would have. But charging for it also ensures that we're only working with partners who have a level of commitment.

I am an employee of Ripple. Follow me on Twitter @JoelKatz
1Joe1Katzci1rFcsr9HH7SLuHVnDy2aihZ BM-NBM3FRExVJSJJamV9ccgyWvQfratUHgN
barota
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June 26, 2017, 07:04:00 PM
 #3395

xrp will rise to 0.00018 btc soon
mfqrs3
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June 26, 2017, 07:39:40 PM
 #3396

xrp will rise to 0.00018 btc soon

Lol, yes right "soon TM"
RayX12
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June 26, 2017, 07:50:41 PM
 #3397

So Ripple, the company, encourages using XRP, right? Then if this company is having success and many famous banks want to work with it, XRP, the coin should be successful too.

IMO it would be right to say that XRP and Ripple are different things only if there was no connection at all between the two.
Think about it this way:

Ripple holds over 60 billion XRP. Given the way that's being escrowed, Ripple will almost certainly be the largest holder of XRP for the foreseeable future. For every penny the price of XRP goes up, the notional value of Ripple's XRP goes up by six hundred million dollars. Ripple can only materialize that value for its shareholders if that value and liquidity are preserved over the next several years.

Sure, Ripple makes money by selling software to banks. But how many banks do you think Ripple would have to close to make six hundred million dollars in license/support fees? That would equal the value of a sustained one cent increase in the price of XRP.

Its time for Ripple to think to become a ever first crypto bank, with low cost, super fast transactions and no nostro in between. Branches/ATM in all around the world, to buy Fiat/Crypto using XRP!

I think that could be the plan... or more accurately a liquidity provider.
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June 26, 2017, 08:42:12 PM
 #3398

And here we go down Smiley XRP has to catch falling ETH and others, be the first ripple be the first LOL Smiley You are stable as ....
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June 26, 2017, 09:04:22 PM
 #3399

Soooo,
   If investing XRP is like pissing in the ocean, then exactly how do we go about putting the money into actual Ripple, before Ripple blows up and goes international? I don't know exactly what or why that exact question regarding investing in Ripple & XRP were possibly 2 separate investments. Ripple being the investment which goes to the moon, & all the investors get rich off of, and XRP being the investment we just get to watch? XRP should be xrp, or it's the digital form of Silver, you want to buy a ton of silver because all the signals show that the price for Silver is boiling over and about to blow wide open yesterday. But, like always has and always will, silver stays right there and you watch it do nothing......

i dont think you can invest in Ripple (yet)
i dont think you can invest in swift,western union , can you?
key dif is, Ripple created a digital asset, faster and cheaper than other currencies, the others have not.
if and when the others do try to, they need to go through the whole process
prototype,roadmap,beta,beta2,alpha and then adoption...this takes a few yrs & Ripple has many patents so it might not be so easy for competitors

also i hear a gd rumour...one thats probably true lol....
something about ( possibly the XRP Ripple hold )  
XRP being backed by precious metals, silver & copper ( if true and officially announced...omg)

man, i am probably a noob but all i can see is XRP is following the BTC dump and blood everywhere on crypto...
vsyc
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June 26, 2017, 09:56:41 PM
 #3400

And here we go down Smiley XRP has to catch falling ETH and others, be the first ripple be the first LOL Smiley You are stable as ....

Winter is coming papa bear? are we down? lol weak hands shaking! 1 hour latter, back to normal. As was stated, as will be stated - STABLE!
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