[XRP] Ripple Speculation

[taipei]

The volume keeps increasing. Ripple is the only one of the top 10 that hasn't pumpeado hard. I think we're close, the data doesn't lie. 

I think it may just need a small news to pop now, its ready. If there would be some announcement about a bank using xrp it would explode

These days, the whales are taking positions. I don't think that good news is necessary for it to burst. They give very good forecasts for Ripple before the end of the year, and better for the next. I think everyone knows it's a smart bet.

[1714867199]

1714867199

[1714867199]

1714867199

[MemberBerries]

Why does everyone talk in riddles on this thread?

Autism overload.
Distraction from the IMPORTANT FACTS

[molecularman]

Why does everyone talk in riddles on this thread?

          Because people want to sound smarter than they are.   

I go back and forth with Ripple.     I didn't buy in early enough (like last year)  to make any meaningful profit.   Even if it shot to 1 dollar (I don't think it will)   I'm not looking at making that much. 

The whole centralized argument is silly.    One of the reasons I invested in Ripple is the idea that it's working with "the man".     If governments decide they really want to crack down on crypto -  you know who is going to win?  Ripple and privacy coins.     BTC will crash and burn.

[yonton]

Why does everyone talk in riddles on this thread?

Autism overload.
Distraction from the IMPORTANT FACTS

Eeww, your a retard Don't talk to me.

[vsyc]

Why does everyone talk in riddles on this thread?

Autism overload.
Distraction from the IMPORTANT FACTS

Eeww, your a retard Don't talk to me.

Aww you fucking "but xrp has large supply"

[vsyc]

Slowly and steady towards 0.26, SK already 0.27

0.27 is here, and we going towards 0.29 now? SK is already 0.3

[Lontonbit]

28 is this real?

[adamov10]

$28!!!!!!

[vsyc]

0.31 was touched on Korean Markets

What is more important no walls and bear pressure so far )

[Lumining]

0.31 was touched on Korean Markets

What is more important no walls and bear pressure so far )

Major markets arrived in the 0.30$ area too. Let's see what the following days will bring us, even without clear signs, one does never know what can happen in the crypto world.

[wingfr]

Michael Arrington Has a New $100 Million Hedge Fund That Will Be Valued in Ripple's XRP

http://fortune.com/2017/11/28/arrington-xrp/

Also on CoinDesk : https://www.coindesk.com/techcrunch-founder-arrington-raising-100-million-ripple-hedge-fund/

[yonton]

Losing hope ;(

[Kingofthe80ss]

Losing hope ;(

But recently its quite bullish, no?

[Lontonbit]

Not compared to the rest of the market

[btctube]

XRP still is just in the beginning stage as Arrington said which means this is all going to be your very opportunity to start buying XRP and keep your stash with you incase this will shoot to the space. Don't be left behind AGAIN! 

https://www.coindesk.com/techcrunch-founder-arrington-raising-100-million-ripple-hedge-fund/

[vit05]

The prominent tech figure Michael Arrington announced a new hedge fund on Tuesday that will be denominated in the crypto-currency XRP, a rival to bitcoin that is closely tied to the software company Ripple.

The news, which Arrington announced at an investor conference in New York, is significant because investors will buy shares of the fund and receive distributions in XRP. While dozens of hedge funds have sprung up this year to invest in the white-hot digital currency market, this one, known as Arrington XRP Capital, is the first to be denominated in a crypto-currency rather than dollars or euros.

Arrington told Fortune that the fund would invest primarily in digital assets, including exotic ones, and in so-called “initial coin offerings,” which involve the sale of digital tokens that can in some cases provide access to an online service such as file sharing. He said the fund will invest to a lesser extent in the equity of crypto-related startups.

Arrington, who made his name in Silicon as the founder of the blog TechCrunch and as a venture capitalist, described the fund as a high-risk project, but says he is so excited about crypto-currency he plans to devote the rest of his career to it.

“Some people think this is crazy and that we’re on the edge of a bubble-bursting meltdown in cryptocurrencies values. After all, a year ago the total market value of all cryptocurrencies was just shy of $14 billion. Today it’s over $300 billion,” said Arrington in a blog post. “‘This is the time for everyone to get the hell out of cryptocurrencies!,’ many people argue, ‘Not jump in with both feet.’ Others, however, argue that we’re just getting started in crypto. I’m one of those people.”

The fund has so far raised 50% of its investment target. Arrington, who says over 10% of his own net worth is now in crypto-currency, did not name specific investors but suggested that many of them are those who have already made a lot of money of the incredible boom in bitcoin and other digital currencies, and want to branch out.

The launch of the fund comes at a time when digital currencies are becoming mainstream among investors and the financial industry. Nonetheless, Arrington acknowledges the crypto market still lacks the full range of financial instruments—specifically derivatives and banks willing to provide loans—that hedge funds typically rely upon as part of their money-making strategies. He believes, though, this is changing quickly.

Arrington says he chose to denominate the fund in XRP, which is the third or fourth most valuable crypto-currency, in part because he likes the financial infrastructure that Ripple has build up around it (you can read all about Ripple and XRP here). He added that it also makes sense for a fund dedicated to crypto investments to be denominated in a digital currency because it provides a much faster way to conduct transactions than conventional money.

Ripple, which provides blockchain software to major banks and companies like Amex, is not an investor in the fund or a partner. But the company will benefit from the fund’s decision to use XRP, in part because it controls large reserves of the currency (which may get a price boost from Arrington’s announcement) and because the move may burnish Ripple’s reputation as a money transfer platform.

Arrington is one of three partners in the new fund. The others are Heather Harde, who was the CEO of TechCrunch and a former M&A executive and investment banker, and technology executive Geoffrey Arone.

[Makkara]

i saw the news yesterday, but i wonder if this is open to everyone to invest in or its just something exclusive?

[Briian007]

XRP still is just in the beginning stage as Arrington said which means this is all going to be your very opportunity to start buying XRP and keep your stash with you incase this will shoot to the space. Don't be left behind AGAIN! 

https://www.coindesk.com/techcrunch-founder-arrington-raising-100-million-ripple-hedge-fund/

XRP is good but the price go up a lots, i think the price will drop and it the time to buy Xrp.

[MemberBerries]

A hedge fund choosing XRP as their denomination rather than fiat/BTC speaks volumes about how corporates view the ripple/XRP solution.

Eat this.

[profit-shooter]

Hey, as I was saying before, XRP is the cryptocurrency for 2018, so just buy it and hold, no one knows how high it might grom in 2018