[XRP] Ripple Speculation

[pocketfullofpoke]

I remember last January when ripple ripped the chart as it takes on the number 2 spot dethroning ETH on the process and everyone was just surprised. But that was just only a pump that won't last any longer as ETH remains to be the second crypto with highest market cap.

[Branko]

Ripple is a different story. Ripple is a great company but their business model is evolving to not include the XRP token in it. It is become more and more worthless by the day. Banks actually want nothing to do with XRP. They want xCurrent which is a different technology than xRapid which is what XRP is built on. As of now XRP has been adopted by no one.

...luckily for BTC, because when that happens, prepare for new #1

[McWorse]

Ripple is a different story. Ripple is a great company but their business model is evolving to not include the XRP token in it. It is become more and more worthless by the day. Banks actually want nothing to do with XRP. They want xCurrent which is a different technology than xRapid which is what XRP is built on. As of now XRP has been adopted by no one.

Bullshit. MoneyGram is on a pilot using xRapid.

[BlackMoon258]

Will XRP Fiat pairings decrease BTC correlations?

Recently, it was announced that India based Koinex becomes first exchange in the world to start XRP Pairs. Japan Base SBI also is likely to start XRP based pairings as well as fiat based XRP pairs. Now the question arises whether such moves are likely to decrease correlations over time with numero uno Bitcoin.

Now let's look at why most cryptos are corelated with Bitcoin. Because simply, most cryptos are available largely as BTC pairs. Very few are available as pure fiat pairs. That’s also the case with XRP as well as ETH. Since these are paired with BTC, they are correlated to some extent with Bitcoin prices. Not to say that this correlation is always maintained over time. From time to time, this correlation breaks down especially when an altcoin outperforms Bitcoin

Now if XRP Fiat pairings increase more than corresponding BTC pairings, over time people will transact more and more in fiat for purchasing and selling XRP. That will result in the price movement of XRP acting relatively independent to price movement of Bitcoin. However the correlation structure will still exist to some extent irrespective of that since Bitcoin is still the Big Daddy and will remain so for the foreseeable future!

[weeklyeth]

In general, increase in XRP correlations should not decrease BTC correlations. Because, XRP has been developed by depending on a basic currency system. RGTS. SO, this will be welcomed by many banks.

And bitcoin is being seen as a more generalized technology.

My conclusion is that even if we get more XRP pairs with other currencies, it should not effect BTC. Though, BTC price effects XRP< it is not necessary that the no of correlations effect. Yes, there may be a slight decrease in BTC pairs but not to a considerable extent.

[faruk34]

Low cost, fast operation, easy to use. these are just some of the features of Ripple. Has made many deals in recent times. They made a lot of donations. They developed very well.

[CryptoChartIndex]

Ripple is now listed on CryptoChartIndex , Now you can get all information regarding XRP on CryptoChartIndex!

[josgandosbro]

Low cost, fast operation, easy to use. these are just some of the features of Ripple. Has made many deals in recent times. They made a lot of donations. They developed very well.

of course this will be very good in investment, I still maintain my confidence in the ripple and I still continue to collect ripples to provide benefits that will grow next year

[cabbarlana]

A topic that is still ongoing for about 2 years and interest is still high, I would say any of the coins that will remain in the next 5 years will undoubtedly ripple. From rare crypto parallels, who find themselves increasingly more likely to have a very high potential

[KJMZNine]

A topic that is still ongoing for about 2 years and interest is still high, I would say any of the coins that will remain in the next 5 years will undoubtedly ripple. From rare crypto parallels, who find themselves increasingly more likely to have a very high potential

Yeah, it is really crazy that this thread is still very active, some real supporter have grown up in this thread and they are doing great work. At the beginning of my crypto life I hated Ripple and now I started to buy some in the Fiat pair because the value will go up 

[heidikim]

I also have great hope for ripple. Token developers are struggling to protect the market from a huge speculation. It may not even be $ 1 at the moment, but if you think it's $ 10, what a big income you get.

[MemberBerries]

This is for the g's

[jackmuu]

Check out this video for the latest Ripple news and find out why will the banks be using XRP in the future!

https://bestcrypto.tv/964/why-are-the-banks-still-not-using-xrp-ripple-price-prediction-2018/

[Bitcoin1216]

Ripple is my favorite coin after ethereum, I'm sure that the future of XRP will continue to improve and I'm sure this year the price will reach at least $ 3, keep buying is a good thing for us to do.

[Blueblade]

Recently, there was an announcement by the company that it is developing a ripple payment app which will enable easier transfers using the Ripple protocol.Money Tap, as the application will be called will be unveiled by the end of this year.The XRP (Ripple) is the associated cryptocurrency of the platform. It performs the part of a bridge currency to other tokens without discriminating between fiat and crypto, facilitating exchanges between different coins.

[yurimir]

Ripple is my favorite coin after ethereum, I'm sure that the future of XRP will continue to improve and I'm sure this year the price will reach at least $ 3, keep buying is a good thing for us to do.

Is the SEC Gunning for Ethereum and Ripple? Fat Chance

The digital currency markets, already spooked by a crackdown on digital tokens, got some more bad news this month: A former top regulator told an audience he thinks two of the most popular cryptocurrencies, Ethereum and Ripple’s XRP, are “noncompliant securities” operating outside U.S. laws.

This conclusion is potentially disastrous for the crypto economy as it would undermine the liquidity of the two popular cryptocurrencies, and place exchanges and other financial services businesses in legal jeopardy from the SEC. The good news for crypto investors is that the prospects of the SEC taking action are remote...

While the crackdown is bad news for those planning an ICO, few thought the regulators’ new hardline would affect existing tokens like Ethereum and Ripple’s XRP, which have been trading for years. Nonetheless, this could change if one former agency head holds sway. As Bloomberg reports:

Gary Gensler, the former chairman of the Commodity Futures Trading Commission, said that government officials should take a closer look at the largest coins by market capitalization, not just at tokens sold in ICOs. Ethereum’s Ether and Ripple’s XRP could probably be classified as securities, Gensler said.

Gensler added that other longtime cryptocurrencies like Bitcoin and Litecoin are likely exempt because they were not issued via an ICO...

http://fortune.com/2018/05/01/sec-and-cryptocurrency-regulations/

[Branko]

Gensler added that other longtime cryptocurrencies like Bitcoin and Litecoin are likely exempt because they were not issued via an ICO...

So Ethereum was issued via an ICO? I knew it, I knew it...damn fake miners, they fooled noone

[bvar69]

XRP, most over hyped coin in the world lol

All it is: Permissioned network.

Ripple is owned by the banks I would never invest.

[Branko]

XRP, most over hyped coin in the world lol

All it is: Permissioned network.

Ripple is owned by the banks I would never invest.

At least there IS network, unlike, for example EOS...if we speak about "over hyped" 

[vsyc]

XRP, most over hyped coin in the world lol

All it is: Permissioned network.

Ripple is owned by the banks I would never invest.

Damn, we lost such a valuable investor, red candles are coming!