[XRP] Ripple Speculation

[mindrust]

While you are on it newbies would wanna take a look into this too:

Increase available Supply and get 2nd Place on coinmarketcap.

it does not even make sense.

There is now more ripple (where did they suddenly come from?) and that's why it has higher marketcap? Excuse me?

Because the tokens they they released were given away, instead of being traded on a traditional exchange. Coinmarketcap includes those in circulation, meaning if a block of tokens were released coinmarketcap includes them in its calculations.


And because they were not traded on a traditional exchange, this means that price is not affected as any other coin would be. And since the marketcap looks huge, this is making people think its worth more than it should be an buying ripple tokens.

The last two times they made very large distributions were on 8/26/2014 and 11/23/2014 (two days ago as of this post). You can see the market manipulation here.

[huydavid]

Ripple continues to trade in positive territory even as bitcoin and most major altcoins retreat. Although Ripple has largely benefited from the altcoin surge of the past month, it has enjoyed greater media attention due to a series of high-profile partnerships that are bringing blockchain technology to the corporate world.

Ripple recently announced a partnership with American Express to help tackle the credit card company’s liquidity shortfalls.

As Forbes notes, Ripple has “over 75 commercially deploying customers – and over 100 currently on their roster.”

A surge in Asian buying interest has also underpinned the digital currency at a time when North American traders are gearing up for its possible inclusion into the coveted GDAX exchange. Currently, only four cryptos are supported on GDAX.

Positive headlines and growing business influence suggest Ripple is poised for further gains in 2018. As recent price developments suggest, the cryptocurrency seems to be the most resistant to sharp corrections. This is partly related to the fact that Ripple differs from bitcoin and many of the altcoins in important ways. Although its backers do not like to refer to it as a centralized system, Ripple is owned by a firm with the same name. This firm owns more than half of all XRP tokens.

What’s more, Ripple seems to be the best positioned to address the limited transaction and scalability issues currently dogging the crypto economy. As it currently stands, Ripple transactions are confirmed within seconds, whereas bitcoin needs roughly 10 minutes.

[MemberBerries]

@mindrust  scroll trough all the pages here you will find your answer.
Valuable informations all over the place if someone takes the time and searches for it

[mrelich]

so it's time to buy back Ripple?
I see the price of Ripple moving down. what do you think, if i buy ripple now?

I think what we are seeing now is a price consolidation. As there was no big drop since XRP reached max price, I'd suppose price will continue to rise in next days.

[Chokolo]

Its just s breather at $2.40 before the Q4 announcement from Ripple.
And the coinbase official launch.

Just waiting to explode

[Chokolo]

Someone bought 1 BILLION XRPs today. And someone bought 700 Million XRPs.
All this in just one day.

Pretty sure some of them was coinbase stocking up because the demand will be crazy

[Branko]

i think Investors should be warned that we are currently at highs right now, so we can expect a retracement. We appear to be forming a doji candle today, which supports the fact that a pullback is near.

Then again, imagine you sell it and day after it get listed on coinbase

The fast growth in Ripple is likely attributed to either new users getting involved and wanting to jump on the wave of the Ripple rise, or bankers...either of which is not very sustainable in my opinion.  People will either start taking out their profits or once it becomes more used by banks the supply will be increased and we will see inflation of the coin.  The fact that this coin has an unlimited supply is not very comforting to me; the fact that it is the coin of choice for bankers is down right disturbing to me.

Low quality FUD here...you should try harder

1. if it starts to get used by banks, transactions will burn it and we will see DEFLATION
2. can you point to information where reputable source says suppy is unlimited? You can't? I thought so

If there is no mining with ripple, why the circulating supply is going higher and higher every day?

Who creates these coins?

Let's hear your explanation.

Noone...they're ALREADY created, premined, whatever word you like to use. 55bn is locked in escrow and will be released in 55 months, for total of
100bn...its not a secret, there are no lizard people, stop listening to Alex Jones

[okan]

so it's time to buy back Ripple?
I see the price of Ripple moving down. what do you think, if i buy ripple now?

I think what we are seeing now is a price consolidation. As there was no big drop since XRP reached max price, I'd suppose price will continue to rise in next days.

i dont think price will rise after that.
xrp became second bigger coin. i am waiting raise in ethereum next days for takng place back

[vsyc]

i think Investors should be warned that we are currently at highs right now, so we can expect a retracement. We appear to be forming a doji candle today, which supports the fact that a pullback is near.

Then again, imagine you sell it and day after it get listed on coinbase

The fast growth in Ripple is likely attributed to either new users getting involved and wanting to jump on the wave of the Ripple rise, or bankers...either of which is not very sustainable in my opinion.  People will either start taking out their profits or once it becomes more used by banks the supply will be increased and we will see inflation of the coin.  The fact that this coin has an unlimited supply is not very comforting to me; the fact that it is the coin of choice for bankers is down right disturbing to me.

Low quality FUD here...you should try harder

1. if it starts to get used by banks, transactions will burn it and we will see DEFLATION
2. can you point to information where reputable source says suppy is unlimited? You can't? I thought so

If there is no mining with ripple, why the circulating supply is going higher and higher every day?

Who creates these coins?

Let's hear your explanation.

Have you ever tried to go to official website, see all numbers and do simple math?

[jhontwis]

We can say that we have now set the $ 5 level to the target, even though I have never trusted Xrp. Yes, I can not trust because there is always rumor about it and it is very suspicious.

[Branko]

Making new ATHs last few hours, any predictions how far it'll go this time?

[alani123]

Ripple could very well be heading to $3 now that resistance has shown to be weak. It still has a positive correlation to other cryptos within the market as today's rise is connected to the rest of the market but XRP markets keep being especially bullish in spite of their recent rise.

[bribed]

Ripple could very well be heading to $3 now that resistance has shown to be weak. It still has a positive correlation to other cryptos within the market as today's rise is connected to the rest of the market but XRP markets keep being especially bullish in spite of their recent rise.

Fully agreed. Ripple people are really bullish on ripple despite of the recent x10. I do believe that we will see even more than three dollars sooner than we might think. It seems crazy, but these markets nowadays are crazy. I guess we will witness even $5 pretty soon for Ripple.

[Morphling]

though i look forward to xrp, i would see it will not pump a lot in the near future cause it has risen so much, a correction is needed, i think the next will be btc and eth showtime

[Bastime]

Ripple will probably hit the mark of $10 or more this year but due to huge number of circulating coins it will require huge amounts of investments but anything is possible because last week Ripple seated as the second strongest Cryptocurrency in the market next to Bitcoin.

[Bastime]

though i look forward to xrp, i would see it will not pump a lot in the near future cause it has risen so much, a correction is needed, i think the next will be btc and eth showtime

As a holder of 13k Ripple coins I still have faith on it since it has placed as the number 2 highest market capital value next to Bitcoin and people and investors are eyeing Ripple as their next investment on their lists. I would love to invest more on Ripple if I might have a chance and I choose Ripple than any other Altcoins.

[Hopelesser]

Hi guys,

which wallet do you guys use for Ripple?  I'm going to buy some (with GBP).
Ta

[bobit]

https://twitter.com/bitoasis/status/946303713228021760

biggest UAE exchange listing xrp "soon". sheik money gonna be pouring into the circulation

[denzkilim]

so it's time to buy back Ripple?
I see the price of Ripple moving down. what do you think, if i buy ripple now?

I think what we are seeing now is a price consolidation. As there was no big drop since XRP reached max price, I'd suppose price will continue to rise in next days.

Ripple new floor will be $2 dollars now and its not a bad idea to buy at this price for me it's kinda good price for it. But always do your own research when it comes to investing it's better to study their backgrounds and future events that will come. 

[MemberBerries]

If this is true it means the 51% power from China is down....

https://twitter.com/russian_market/status/948507773460938758

PBOC ASKS LOCAL AUTHORITIES TO SHUT DOWN BTC MINERS