[XRP] Ripple Speculation

[sebr1ng]

More banks implementing it should increase the price more and more, i think before the end of 2017 it should rise to moon

I really hope it does, since XRP is so far me worst investment - in terms of buy high, sell low - I bought at the peak 

You dont lose until you sell. So be brave enough to hold until you make profit. All these coins will come back up one day or another, so hang in tight there.

From your mouth to God's ears!

[1714633819]

1714633819

[MemberBerries]

Stolen from xrpchat for education purposes

Both Dimension Data and Everis are owned by NTT Data.  Below are some basic facts about all three companies.

NTT Data

$14.6 billion in annual revenue
120,000 employees
HQ in Tokoyo
Dimension Data

$7.5 billion in annual revenue
30,000 employees
HQ in Johannesburg
Everis

$1 billion in annual revenue
19,000 employees
Offices in 16 countries
The LinkedIn profiles of all three presenters can be accessed via below.

https://www.linkedin.com/in/josepalvarezperez/?ppe=1
https://www.linkedin.com/in/steve-van-den-heever-4042281/
https://www.linkedin.com/in/arruebarrena/
The webinar was very informative.  The presenters made an important point that Brad Garlinghouse, CEO of Ripple, also likes to make.  For the financial services sector, there are very few production ready blockchains.  Also, based on the presentation, I concluded the other production ready blockchains for the financial services sector compliment, rather than compete with, Ripple.



Below is the current state of the RTGS systems.



Below is what NTT Data and their subsidiaries think the landscape will look like.  XRP is key to "settle cross-currency transactions in real-time".  Notice they do not expect critical mass adoption until 2020-2025.



With the ILP, they also expect additional use cases of Ripple and XRP to develop.



The below slide shows how banks settlement systems can be linked with ILP.



Also, the list of those who attended can be accessed (if the attendee chose to make their profile public). Below are some of the companies who had representatives attend the webinar.

ADP
American Express
BNY Mellon
Dell
EY
Fidelity
GE
Hewlett Packard Enterprise
Honeywell
IBM
Intel
Microsoft
Northern Trust
PwC
RBC Royal Bank
Red Hat
Shell International
Standard Bank
SunTrust Bank
TD Bank
There are no guarantees with any of this, but as JoelKatz has said, making a bet on Ripple and XRP is a smart bet.

Lastly, I do not understand why people criticize Ripple for XRP not being used as much everyone would like.  Or why they were irate when they found out Ripple was charging for their software.  Which would be better to have?  A free blockchain technology that has been adopted by 0 banks but requires the use of their useless native currency/token.  Or a blockchain technology that has been adopted by 100 banks and counting (according to the presentation) in which they must pay for, and whose native currency/token has the potential to revolutionize an entire industry.

putting this in front

[AnCapFree]

More banks implementing it should increase the price more and more, i think before the end of 2017 it should rise to moon

I really hope it does, since XRP is so far me worst investment - in terms of buy high, sell low - I bought at the peak 

You dont lose until you sell. So be brave enough to hold until you make profit. All these coins will come back up one day or another, so hang in tight there.

From your mouth to God's ears!

God didn't hear anything. I pray he make price comeback to 0.4$ but he didn't do anything

[peter12281]

Those two Information technology consulting firms (Services: "IT, business consulting") are probably under contract with Ripple to promote it so yes the slides looks nice. I'm not saying Ripple cannot succeed but I know a lot of banks or countries develop their own virtual currency without the associated volatility risk, 2020 is a long time, let's forget 2025 (probably all central bank issued tokens by then).

J Coin: Japanese banks' virtual currency without the volatility
Dozens of Japanese banks are uniting behind a new digital currency they call J Coin
https://asia.nikkei.com/Markets/Currencies/J-Coin-Japanese-banks-virtual-currency-without-the-volatility

Europe is also developing instant payment to start next year "TARGET instant payment settlement (TIPS)".
https://www.ft.com/content/7b2966ee-dee7-30db-a2cb-2acf516d6a8b

again I'm not a hater but I've seen similar slides before.

[MemberBerries]

Those two Information technology consulting firms (Services: "IT, business consulting") are probably under contract with Ripple to promote it so yes the slides looks nice. I'm not saying Ripple cannot succeed but I know a lot of banks or countries develop their own virtual currency without the associated volatility risk, 2020 is a long time, let's forget 2025 (probably all central bank issued tokens by then).

J Coin: Japanese banks' virtual currency without the volatility
Dozens of Japanese banks are uniting behind a new digital currency they call J Coin
https://asia.nikkei.com/Markets/Currencies/J-Coin-Japanese-banks-virtual-currency-without-the-volatility

Europe is also developing instant payment to start next year "TARGET instant payment settlement (TIPS)".
https://www.ft.com/content/7b2966ee-dee7-30db-a2cb-2acf516d6a8b

again I'm not a hater but I've seen similar slides before.

Bruuuuuuhhh stop butthurt ...if you research properly you will find out why you need a universal exchange medium token coin between all those banks bruuuuuuuuuhhhhh

[peter12281]

There is no need for a in-between token where there is liquidity.
I follow Ripple since 2013, I'm just trying to have an healthy debate but think what you want I won't argue anymore.

[bazar111]

In 1st quarter of 2018 it will be cost for 1$ approximately.

[peter12281]

In 1st quarter of 2018 it will be cost for 1$ approximately.

I wish, but I should have sold at $0.40 when I had the chance.

[misterbigg]

I am still buying the dump, hoping some day it will cross it all time high
fingers crossed

[MemberBerries]

I am still buying the dump, hoping some day it will cross it all time high
fingers crossed

Nice to hear that!

[vsyc]

There is no need for a in-between token where there is liquidity.
I follow Ripple since 2013, I'm just trying to have an healthy debate but think what you want I won't argue anymore.

Peter, it sad to see that since 2013 you learned nothing, I wish as-well that you would sold at 0.4, you would not than be here bringing uneducated guess for lulz

But yes, lets half healthy "debate", you need liquidity in what ? TokenNostroA or TokenNostroC? IN what coin you need liquidity?

[vsyc]

Those two Information technology consulting firms (Services: "IT, business consulting") are probably under contract with Ripple to promote it so yes the slides looks nice. I'm not saying Ripple cannot succeed but I know a lot of banks or countries develop their own virtual currency without the associated volatility risk, 2020 is a long time, let's forget 2025 (probably all central bank issued tokens by then).

J Coin: Japanese banks' virtual currency without the volatility
Dozens of Japanese banks are uniting behind a new digital currency they call J Coin
https://asia.nikkei.com/Markets/Currencies/J-Coin-Japanese-banks-virtual-currency-without-the-volatility

Europe is also developing instant payment to start next year "TARGET instant payment settlement (TIPS)".
https://www.ft.com/content/7b2966ee-dee7-30db-a2cb-2acf516d6a8b

again I'm not a hater but I've seen similar slides before.

Bruuuuuuhhh stop butthurt ...if you research properly you will find out why you need a universal exchange medium token coin between all those banks bruuuuuuuuuhhhhh

I would do a guess, and this is most fun based on Hodors' post about statistic! My guess is, that most of these dudes are even not in 1% club, but smell like tone of healthy, ready to use faeces, since 2013!

[mikebacker]

Those two Information technology consulting firms (Services: "IT, business consulting") are probably under contract with Ripple to promote it so yes the slides looks nice. I'm not saying Ripple cannot succeed but I know a lot of banks or countries develop their own virtual currency without the associated volatility risk, 2020 is a long time, let's forget 2025 (probably all central bank issued tokens by then).

J Coin: Japanese banks' virtual currency without the volatility
Dozens of Japanese banks are uniting behind a new digital currency they call J Coin
https://asia.nikkei.com/Markets/Currencies/J-Coin-Japanese-banks-virtual-currency-without-the-volatility

Europe is also developing instant payment to start next year "TARGET instant payment settlement (TIPS)".
https://www.ft.com/content/7b2966ee-dee7-30db-a2cb-2acf516d6a8b

again I'm not a hater but I've seen similar slides before.

SO uneducated. Tagging and posting links does little to disguise your inability to critically think. Did you even take the time to read your own article that you tagged? Seriously!!!

HAHA J coin will be a coin that backs the Yen, much like USDT is a coin that's "tethered" to the US dollar. This is in no way a competitor to Ripple and will work nicely along side XRP as it will be an even easier way to get from Fiat->XRP->Fiat.

You fail to understand how XRP really works. Anyone could make a coin, they could even create a coin that is better than XRP (doubtful) but this coin, in order for it to work in X-border transfers, would need to be HIGHLY liquid and traded at or near the receiving bank or FI. No liquidity no transfer. No to mention it would need to be cheaper, faster, and able to handle a large volume of transfers to even begin to compete with XRP.

So with that said do you think any of these other coins or any other bank coin is going to be highly liquid all around the world? do you think J coin will be highly traded in India or South America? IF yes then please explain to me how J coin would create enough liquidity to do so when its tied to the Yen, then explain to me who is going to front the money to create this liquidity?? The banks wont.

[peter12281]

wow no need to be agressive, thanks you are right, I'll stop posting.

[namini]

can't say the price is too good lately  

[carlisle1]

I am still buying the dump, hoping some day it will cross it all time high
fingers crossed

Nice to hear that!

well chances still there mate so its good for you to just keep buying and storing your coin time will come and it will happen maybe the huge jumped
will happen again remember that it went to 14k sat or more so its still a lot of potential just need more patience to handle it. good luck to you

[namini]

Whatever you do (sell or buy) don't convert to fiat it's a pain.

[mikebacker]

wow no need to be agressive, thanks you are right, I'll stop posting.

I did come off a little rude, for that I apologize. I should have toned it down a little and been more educational than rude. I'm sorry.

I just get tired of FUD that is constantly spread that is comprised of blatant lies and a complete misunderstanding of the obvious.

I'm not sure why so many hate Ripple so much. Because its a "bank" coin?

Ripple right now is doing more to make crypto mainstream than anything or anyone else out there. People so high and mighty on bitcoin fail to realize how weak it truly is in the face of government regulation and potential banning. Look at China.

If all the governments of the world decided to ban BTC your little parade would be over and millions would be lost and BTC would be back to being used on the black market for nefarious reasons and the price would sink back down into the low dollar amounts if it didn't cease to exist at all. Not to mention if China does ban BTC and takes control over the mining pools they could destroy BTC. Haha talk about a "decentralized" coin.

Its companies like Ripple with REAL world use cases that will bring block-chain and crypto-currencies mainstream.

I dislike big government as much as the next, but its childish to think there will be currency without government oversight and regulation. It's even more childish to think that no oversight or regulation is a good thing.

[namini]

I don't think we should opposite bitcoin & ripple

[peter12281]

I understand mikebacker, I don't want to argue, when I said I'm a long time follower it's true and believe me back then we had a lot more hate (we even had to deal with a website called ripplescam).