RivAngE
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April 28, 2019, 11:11:55 PM |
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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.
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JollyGood
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April 29, 2019, 02:27:05 AM |
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XRP has been in the top 3 crypto by market capital for many years.
It is a great investment.
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bbc.reporter
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April 29, 2019, 03:34:45 AM |
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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.
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MemberBerries
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April 29, 2019, 06:39:37 AM |
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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 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Drug cartels laundering money trough bitfinex and tether... tether is the only thing that props buttcoin up ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Man plese stop what u are doing, its so obvious
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Vit83
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April 29, 2019, 06:58:40 AM |
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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?
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Diamond_Darrell
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April 29, 2019, 08:05:06 AM |
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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 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fb.radikal.ru%2Fb19%2F1904%2F09%2Fe9c7eef3fc33.png&t=665&c=dXppJJ-KFOttlw)
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Vit83
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April 29, 2019, 10:33:24 AM |
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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 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fb.radikal.ru%2Fb19%2F1904%2F09%2Fe9c7eef3fc33.png&t=665&c=dXppJJ-KFOttlw) 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)
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Branko
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April 29, 2019, 12:58:46 PM |
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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 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fb.radikal.ru%2Fb19%2F1904%2F09%2Fe9c7eef3fc33.png&t=665&c=dXppJJ-KFOttlw) 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)
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CoinCodex
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April 29, 2019, 01:12:25 PM |
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ðºÞæ
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April 29, 2019, 03:07:41 PM |
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Ripple Speculation LMAO, was there ever anything else? Fool looking for bigger fool to dump on at some later stage.
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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encycrypto
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April 29, 2019, 09:45:26 PM |
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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.
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Diamond_Darrell
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April 29, 2019, 09:53:18 PM |
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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”
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bbc.reporter
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April 30, 2019, 01:18:16 AM |
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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 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fb.radikal.ru%2Fb19%2F1904%2F09%2Fe9c7eef3fc33.png&t=665&c=dXppJJ-KFOttlw) 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.
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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RivAngE
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April 30, 2019, 10:32:42 AM Last edit: April 30, 2019, 10:45:02 AM by RivAngE |
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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/#/validatorsOut 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-moreAs 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, 25/03/2018TOTAL XRP HELD BY RIPPLE 7,097,884,501TOTAL XRP DISTRIBUTED 39,094,520,623TOTAL XRP PLACED IN ESCROW 53,800,000,02414/04/2019TOTAL XRP HELD BY RIPPLE 6,486,676,982 TOTAL XRP DISTRIBUTED 42,004,966,728TOTAL XRP PLACED IN ESCROW 51,500,000,013The 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.
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CoinCodex
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April 30, 2019, 11:36:57 AM |
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JollyGood
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April 30, 2019, 12:10:08 PM |
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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/#/validatorsOut 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-moreAs 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, 25/03/2018TOTAL XRP HELD BY RIPPLE 7,097,884,501TOTAL XRP DISTRIBUTED 39,094,520,623TOTAL XRP PLACED IN ESCROW 53,800,000,02414/04/2019TOTAL XRP HELD BY RIPPLE 6,486,676,982 TOTAL XRP DISTRIBUTED 42,004,966,728TOTAL XRP PLACED IN ESCROW 51,500,000,013The 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.
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dr.cheema
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May 02, 2019, 04:06:07 PM |
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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.
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JollyGood
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May 02, 2019, 04:15:58 PM |
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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
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bbc.reporter
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May 03, 2019, 03:20:59 AM |
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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/#/validatorsOut 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-moreAs 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, 25/03/2018TOTAL XRP HELD BY RIPPLE 7,097,884,501TOTAL XRP DISTRIBUTED 39,094,520,623TOTAL XRP PLACED IN ESCROW 53,800,000,02414/04/2019TOTAL XRP HELD BY RIPPLE 6,486,676,982 TOTAL XRP DISTRIBUTED 42,004,966,728TOTAL XRP PLACED IN ESCROW 51,500,000,013The 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. However does Ripple let everyone or have a consensus process on who to include in the Trusted Node List? Also to who or where did they distribute all the XRP sold by Ripple? I reckon to a few trusted parties by Ripple, correct? Who holds the XRP in escrow?
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