[XRP] Ripple Speculation

[Branko]

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.

Or, even simpler, Ripple currently runs 26% validators, while only 3 biggest BTC pools control enough hashrate to make 51% attack

So you need either 17 players to attack XRP, or 3 to attack BTC

[1715168785]

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[1715168785]

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[RivAngE]

XRP fell behind a bit in regard to other coins and people is freaking out!
It'll catch up eventually people, the fact that it's not mineable with a daily emission for miners to dump it will eventually push the price.

[JollyGood]

XRP has been in the top 3 crypto by market capital for many years.

It is a great investment.

[bbc.reporter]

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.

Or, even simpler, Ripple currently runs 26% validators, while only 3 biggest BTC pools control enough hashrate to make 51% attack

So you need either 17 players to attack XRP, or 3 to attack BTC

However, the people behind Ripple decides who becomes a trusted validator to include in their Trusted Node List. This is the reason why the Ripple platform is centralized.

Also, where can we see the list of all validators and who is included in the Trusted Node List?

@JollyGood. Agreed. Ripple might make you a lot of bitcoins or fiat similar to other altcoins in the bull market, however, this is not the argument.

[MemberBerries]

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.

Or, even simpler, Ripple currently runs 26% validators, while only 3 biggest BTC pools control enough hashrate to make 51% attack

So you need either 17 players to attack XRP, or 3 to attack BTC

However, the people behind Ripple decides who becomes a trusted validator to include in their Trusted Node List. This is the reason why the Ripple platform is centralized.

Also, where can we see the list of all validators and who is included in the Trusted Node List?

@JollyGood. Agreed. Ripple might make you a lot of bitcoins or fiat similar to other altcoins in the bull market, however, this is not the argument.

70% of buttcoin mining in choyna -> totally decentralised   

Drug cartels laundering money trough bitfinex and tether... tether is the only thing that props buttcoin up 



Man plese stop what u are doing, its so obvious

[Vit83]

IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?

[Diamond_Darrell]

IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?

But agree, this holy war is simply beautiful)) On the one hand, the adepts under the banner of the other BTP order tapliers

[Vit83]

IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?

But agree, this holy war is simply beautiful)) On the one hand, the adepts under the banner of the other BTP order tapliers

IMHO if anyone thinking that in crypto there some coins that truly decentralized (Except maybe BTC) they are just fanatics) All coins linked with big money from the fiat world)

[Branko]

IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?

But agree, this holy war is simply beautiful)) On the one hand, the adepts under the banner of the other BTP order tapliers

IMHO if anyone thinking that in crypto there some coins that truly decentralized (Except maybe BTC) they are just fanatics) All coins linked with big money from the fiat world)

Actually, BTC is one of more centralized ones, both by pools (3 or 4 big ones can do 51% attack), and by country (China alone can attack it)

[CoinCodex]

Ripple is apparently heading to its $0.25 support level, will the price bounce back up?

https://coincodex.com/article/3513/ripple-price-analysis-is-xrp-moving-towards-025-support/

[ðºÞæ]

Ripple Speculation

LMAO, was there ever anything else?
Fool looking for bigger fool to dump on at some later stage.

[encycrypto]

In simple words, Ripple admits that currently it's centralised but in future, it'll be decentralised.

Interesting.

Or, even simpler, Ripple currently runs 26% validators, while only 3 biggest BTC pools control enough hashrate to make 51% attack

So you need either 17 players to attack XRP, or 3 to attack BTC

You can't compare validators with pools in my opinion. Pools are controlled by miners, and miners can withdraw their hash contribution whenever they want or consider it a threat. Same can't be said for validators.

[Diamond_Darrell]

Looks like it's the right time to buy back Ripple at a low price!

https://coincodex.com/article/3513/ripple-price-analysis-is-xrp-moving-towards-025-support/

Oh, I love these graphs and predictions. They are so inspiring. But you should always leave a small percentage on the negative outcome that after an unsuccessful prediction to say, “Well, as we discussed with you, a small probability has worked and the schedule went down, we had to leave it short”

[bbc.reporter]

IMHO XRP is a great coin for the speculation) Don't care about centralization) Almost all coins now depends on 1 person. Remember rumors about Buterin car crash?

But agree, this holy war is simply beautiful)) On the one hand, the adepts under the banner of the other BTP order tapliers

IMHO if anyone thinking that in crypto there some coins that truly decentralized (Except maybe BTC) they are just fanatics) All coins linked with big money from the fiat world)

Actually, BTC is one of more centralized ones, both by pools (3 or 4 big ones can do 51% attack), and by country (China alone can attack it)

Agreed! Bitcoin mining is becoming centralized. However, this does not change that Ripple is a centralized platform. It will only stop being centralized if Ripple finds a decentralized consensus process on adding nodes in the Trusted Nodes List.

[RivAngE]

Actually, BTC is one of more centralized ones, both by pools (3 or 4 big ones can do 51% attack), and by country (China alone can attack it)

Agreed! Bitcoin mining is becoming centralized. However, this does not change that Ripple is a centralized platform. It will only stop being centralized if Ripple finds a decentralized consensus process on adding nodes in the Trusted Nodes List.

For the hundredth time, the nodes that take care of the consensus are decentralized and open to anyone !!!

Just have a look at the list of validators here: https://xrpcharts.ripple.com/#/validators
Out of the total 117 nodes running on the main net, only 7 are controlled from ripple.com ! (yes I actually counted all the nodes one by one to make sure since CTRL+F was returning a little bigger number)
This is just 5% of the network controlled by Ripple!! 5%


You can read an interesting article and find some graphs about it here: https://ambcrypto.com/uae-is-top-destination-for-token-sales-in-2019-iota-pumps-by-17-as-jaguar-integrates-it-for-data-sharing-access-and-more


As for the actual coins and who owns them, those are locked behind a smart contract which releases the coins in small amounts every month.
Personally I check the "XRP Supply" section found on the bottom of this page: https://ripple.com/xrp/market-performance/, it's updated every month and if you write down these numbers every month  (like I've been doing) you'll get a nice picture of how those coins are handled.

For anyone interested, here is a 1 year comparison of the XRP,
25/03/2018
TOTAL XRP HELD BY RIPPLE 7,097,884,501
TOTAL XRP DISTRIBUTED 39,094,520,623
TOTAL XRP PLACED IN ESCROW 53,800,000,024

14/04/2019
TOTAL XRP HELD BY RIPPLE 6,486,676,982
TOTAL XRP DISTRIBUTED 42,004,966,728
TOTAL XRP PLACED IN ESCROW 51,500,000,013


The above numbers show us that after 1 year...

• 2300 million XRP have left the escrow and 2299m of them are in circulation right now, the 1m XRP difference are burnt coins.
• From 15% of the coins held by XRP in the end of March 2018, we're now at 13%.
• Considering the XRP held by Ripple and the XRP distributed as "coins in circulation" and the XRP placed in escrow as "coins to be mined", XRP had a good yearly inflation rate of 4.74% (for comparison, BTC had about 4.5% and ETH about 7%).

Ofcourse Ripple stills has the potential to earn 51billion of XRP , but this will take about 50 more years.
Ripple promises that they sell their coins on OTC deals which shouldn't affect the trading price in exchanges, but even if they were to dump 100% of the coins they earn to the market, the impact would still be similar to BTC miners dumping 100% of their coins or Ethereum miners dumping 70% of their mined coins.

[CoinCodex]

Nasdaq GIDS service will list Ripple's price index.

https://coincodex.com/article/3519/xrp-price-index-is-coming-to-nasdaqs-gids-service/

[JollyGood]

Actually, BTC is one of more centralized ones, both by pools (3 or 4 big ones can do 51% attack), and by country (China alone can attack it)

Agreed! Bitcoin mining is becoming centralized. However, this does not change that Ripple is a centralized platform. It will only stop being centralized if Ripple finds a decentralized consensus process on adding nodes in the Trusted Nodes List.

For the hundredth time, the nodes that take care of the consensus are decentralized and open to anyone !!!

Just have a look at the list of validators here: https://xrpcharts.ripple.com/#/validators
Out of the total 117 nodes running on the main net, only 7 are controlled from ripple.com ! (yes I actually counted all the nodes one by one to make sure since CTRL+F was returning a little bigger number)
This is just 5% of the network controlled by Ripple!! 5%


You can read an interesting article and find some graphs about it here: https://ambcrypto.com/uae-is-top-destination-for-token-sales-in-2019-iota-pumps-by-17-as-jaguar-integrates-it-for-data-sharing-access-and-more


As for the actual coins and who owns them, those are locked behind a smart contract which releases the coins in small amounts every month.
Personally I check the "XRP Supply" section found on the bottom of this page: https://ripple.com/xrp/market-performance/, it's updated every month and if you write down these numbers every month  (like I've been doing) you'll get a nice picture of how those coins are handled.

For anyone interested, here is a 1 year comparison of the XRP,
25/03/2018
TOTAL XRP HELD BY RIPPLE 7,097,884,501
TOTAL XRP DISTRIBUTED 39,094,520,623
TOTAL XRP PLACED IN ESCROW 53,800,000,024

14/04/2019
TOTAL XRP HELD BY RIPPLE 6,486,676,982
TOTAL XRP DISTRIBUTED 42,004,966,728
TOTAL XRP PLACED IN ESCROW 51,500,000,013


The above numbers show us that after 1 year...

• 2300 million XRP have left the escrow and 2299m of them are in circulation right now, the 1m XRP difference are burnt coins.
• From 15% of the coins held by XRP in the end of March 2018, we're now at 13%.
• Considering the XRP held by Ripple and the XRP distributed as "coins in circulation" and the XRP placed in escrow as "coins to be mined", XRP had a good yearly inflation rate of 4.74% (for comparison, BTC had about 4.5% and ETH about 7%).

Ofcourse Ripple stills has the potential to earn 51billion of XRP , but this will take about 50 more years.
Ripple promises that they sell their coins on OTC deals which shouldn't affect the trading price in exchanges, but even if they were to dump 100% of the coins they earn to the market, the impact would still be similar to BTC miners dumping 100% of their coins or Ethereum miners dumping 70% of their mined coins.

I am holding some XRP, it was a great investment that brought me great returns.

There are several people posting negative things about Ripple and XRP with allegations about it not being "real" crypto but I disagree. XRP and Ripple are fantastic.

I see only success for XRP and Ripple.

[Hodor7777]

  An Idea For Extending XRP's Reach   




Blog Location:    https://xrpcommunity.blog/share-your-xrp-with-newbies/   

We can all easily contribute in an effort to enlarge XRP's network of stakeholders by simply tipping others!  Learn more in today's blog. 

I hope you enjoy the read!

Thanks & Sincerely,
-Hodor


On Twitter:    https://twitter.com/Hodor/status/1123214444467773446     

[dr.cheema]

XRP has been in the top 3 crypto by market capital for many years.

It is a great investment.

Yeah XRP is a great investment for now and for long term, many folks panic when there's a little dip in xrp price then they sell off.
Everyone expecting a bull run in this year or next year so after bull run we will see XRP on high level so XRP also good investment right now. 

[JollyGood]

Yeah XRP is a great investment for now and for long term, many folks panic when there's a little dip in xrp price then they sell off.
Everyone expecting a bull run in this year or next year so after bull run we will see XRP on high level so XRP also good investment right now. 

It seems such a long time ago when XRP hit $3.20

I hope it starts flying high again soon