[XRP] Ripple Speculation

[mich]

Ripple Q3 2019: Like the rest of the cryptocurrency market, XRP was slaughtered

Ripple $XRP▲0.38% (XRP) is perhaps the most divisive digital asset on the market. True believers remain adamant it’s a revolutionary cryptocurrency, while critics posit it barely resembles Bitcoin, so it should be ignored.
https://thenextweb.com/hardfork/2019/11/01/ripple-xrp-q3-market-cryptocurrency-etoro-blockchain/

[RivAngE]

1,000,000,000 XRP Released From Crypto Escrow As Ripple Prepares for November Sales

Yes, we all know. Actually, do us a fovor, instead making 50+ posts like this, why don't you make
1 big post. Tell us about all the 1st of month for the next 5 years, so we don't forget

Fun facts,
24/02/2019 - There were 52.100.000.013 XRP held in Escrow
20/10/2029 - There were 50.000.000.013 XRP held in Escrow

That's an average of 262.500.000 XRP sold per month, the rest of the 1.000.000.000 coins are being locked again. This info is in Ripple's website and also on the blockchain.
There's also an average of 150.000 XRP destroyed per month which are the transaction fees, this estimation however is from my personal observations over the last months, I could be a little off in this number.

So we have about 262.350.000 XRP entering the market every month (68.211.000€)
In comparison there are 54.000 Bitcoins (449.518.140€)  being generated per month.

But people seem to believe that the Bitcoin miners are saints, even though 95% of them are mining coins with the purpose of selling them for personal profit; and XRP's developers are evil people who are receiving a payment to continue develop and promote XRP.

[Branko]

Fun facts,
24/02/2019 - There were 52.100.000.013 XRP held in Escrow
20/10/2029 - There were 50.000.000.013 XRP held in Escrow

That's an average of 262.500.000 XRP sold per month, the rest of the 1.000.000.000 coins are being locked again. This info is in Ripple's website and also on the blockchain.
There's also an average of 150.000 XRP destroyed per month which are the transaction fees, this estimation however is from my personal observations over the last months, I could be a little off in this number.

So we have about 262.350.000 XRP entering the market every month (68.211.000€)
In comparison there are 54.000 Bitcoins (449.518.140€)  being generated per month.

But people seem to believe that the Bitcoin miners are saints, even though 95% of them are mining coins with the purpose of selling them for personal profit; and XRP's developers are evil people who are receiving a payment to continue develop and promote XRP.

I didn't try to be precise, just tried to show that I'm annoyed with those obligatory "Hey, guess what, Sun today risen on the East" kind of posts about
1 billion XRP released monthly from escrow...as if its some kind of exclusive news
As if inflation is XRP exclusivity...and as if ALL of those 1 billion XRP will get sold each month

[JollyGood]

1,000,000,000 XRP Released From Crypto Escrow As Ripple Prepares for November Sales

Yes, we all know. Actually, do us a fovor, instead making 50+ posts like this, why don't you make
1 big post. Tell us about all the 1st of month for the next 5 years, so we don't forget

Fun facts,
24/02/2019 - There were 52.100.000.013 XRP held in Escrow
20/10/2029 - There were 50.000.000.013 XRP held in Escrow

That's an average of 262.500.000 XRP sold per month, the rest of the 1.000.000.000 coins are being locked again. This info is in Ripple's website and also on the blockchain.
There's also an average of 150.000 XRP destroyed per month which are the transaction fees, this estimation however is from my personal observations over the last months, I could be a little off in this number.

So we have about 262.350.000 XRP entering the market every month (68.211.000€)
In comparison there are 54.000 Bitcoins (449.518.140€)  being generated per month.

But people seem to believe that the Bitcoin miners are saints, even though 95% of them are mining coins with the purpose of selling them for personal profit; and XRP's developers are evil people who are receiving a payment to continue develop and promote XRP.

Thank you for the post with all that information.

Even with all those XRP entering he market it is still holding its own as the 3rd highest by market capital on Coinmarketcap. Still a long way to go but once Ripple starts to be implemented at more and more places and XRP is the preferred choice for the end user, things will start looking better.

[RivAngE]

I know @Branko, I quoted you but I was replying to the other person you also replied!
I'm just saying it to avoid any misunderstandings!

[mich]

Investor Lawsuit Argues Ripple Still Has to Answer Over Ongoing XRP Sales

Ripple’s argument that an XRP holder waited too long to file suit has no precedent, a new legal filing claims.

https://www.coindesk.com/investor-lawsuit-argues-ripple-still-has-to-answer-over-ongoing-xrp-sales

[ðºÞæ]

1,000,000,000 XRP Released From Crypto Escrow As Ripple Prepares for November Sales

Yes, we all know. Actually, do us a fovor, instead making 50+ posts like this, why don't you make
1 big post. Tell us about all the 1st of month for the next 5 years, so we don't forget

Fun facts,
24/02/2019 - There were 52.100.000.013 XRP held in Escrow
20/10/2029 - There were 50.000.000.013 XRP held in Escrow

That's an average of 262.500.000 XRP sold per month, the rest of the 1.000.000.000 coins are being locked again. This info is in Ripple's website and also on the blockchain.
There's also an average of 150.000 XRP destroyed per month which are the transaction fees, this estimation however is from my personal observations over the last months, I could be a little off in this number.

So we have about 262.350.000 XRP entering the market every month (68.211.000€)
In comparison there are 54.000 Bitcoins (449.518.140€)  being generated per month.

But people seem to believe that the Bitcoin miners are saints, even though 95% of them are mining coins with the purpose of selling them for personal profit; and XRP's developers are evil people who are receiving a payment to continue develop and promote XRP.

Thank you for the post with all that information.

Even with all those XRP entering he market it is still holding its own as the 3rd highest by market capital on Coinmarketcap. Still a long way to go but once Ripple starts to be implemented at more and more places and XRP is the preferred choice for the end user, things will start looking better.

This will be very very ugly in years to come when technology improves and full chain analysis is available.
We know for a fact in previous years tax payments and "available" coins did not match up, either tax man was cheated or coins moved back to wallets controlled by Ripple.
Very very ugly one way or another, and still over 2% inflation, no supply halving in sight.
Blockchain has that nasty attribute to have data available for ever, oh forgot its xrp, not crypto, all good, moving on

[MoxnatyShmel]

Xrp holders assume the entire worlds wealth will flow through their centralized shitcoin . If banks wanted to use xrp, why aren't they signing up to xrapid as fast as they can? Truth is they love ripple but not xrp. Swift will adapt to blockchain ,xrp will be redundant.

Because you have no idea how banking world functions, that doesn't imply XRP won't be used.
You're just making fool of yourself

1,000,000,000 XRP Released From Crypto Escrow As Ripple Prepares for November Sales

Yes, we all know. Actually, do us a fovor, instead making 50+ posts like this, why don't you make
1 big post. Tell us about all the 1st of month for the next 5 years, so we don't forget

It’s impossible to do the favor cause he needs these 50+ posts with that crap of signature below  

[JollyGood]

XRP now fractionally above the $0.30 mark on CMC

I hope it stays as the minimum benchmark and does not go any lower when the prices fluctuates. The recent release of the 1 billion XRP on to the market did little to affect the price negatively.

[Angrydwarfs]

Pretty bearish for xrp that this conference was a nothing burger

[mich]

Ripple CEO: Only 1% of Today's Cryptocurrencies Will Survive 

As many as 99% of all cryptocurrencies will likely go to zero, according to a new prediction by Ripple CEO Brad Garlinghouse.

https://cointelegraph.com/news/ripple-ceo-only-1-of-todays-cryptocurrencies-will-survive

[ðºÞæ]

Ripple CEO: Only 1% of Today's Cryptocurrencies Will Survive 

As many as 99% of all cryptocurrencies will likely go to zero, according to a new prediction by Ripple CEO Brad Garlinghouse.

https://cointelegraph.com/news/ripple-ceo-only-1-of-todays-cryptocurrencies-will-survive

There is no need for any of the crypto junk like XRP floating about, also no need for expensive Moneygram and co, bye, bye

On BitCoin testnet 2,734,797 transactions where confirmed in a single block (528 MB) all whats needed is functional scaling solution.
https://stn.whatsonchain.com/block-height/4185

[JollyGood]

Ripple CEO: Only 1% of Today's Cryptocurrencies Will Survive 

As many as 99% of all cryptocurrencies will likely go to zero, according to a new prediction by Ripple CEO Brad Garlinghouse.

https://cointelegraph.com/news/ripple-ceo-only-1-of-todays-cryptocurrencies-will-survive

He is probably right. The suriving 1% or so will be enough to keep things moving.

There are so many trash coins and abandoned projects out there, they have failed anyway. In the long run it might remain easy to launch a crypto but will they add value and have a purpose?

I wonder how the concentration of dominance percentages (which currently is around 67% for Bitcoin) will change if anything beyond the top 50 crypto was removed from the equation.

[andreibi]

Ripple CEO: Only 1% of Today's Cryptocurrencies Will Survive 

As many as 99% of all cryptocurrencies will likely go to zero, according to a new prediction by Ripple CEO Brad Garlinghouse.

https://cointelegraph.com/news/ripple-ceo-only-1-of-todays-cryptocurrencies-will-survive

He is probably right. The suriving 1% or so will be enough to keep things moving.

There are so many trash coins and abandoned projects out there, they have failed anyway. In the long run it might remain easy to launch a crypto but will they add value and have a purpose?

I wonder how the concentration of dominance percentages (which currently is around 67% for Bitcoin) will change if anything beyond the top 50 crypto was removed from the equation.

One percent out of 4,781 coins listed in coinmarketcap  equals 47 coins. I assume it will be the top 47 coins. I don't agree with this. I think the most would be four percent or 188 coins. It would encompass most uses for blockchains. 47 coins is not enough for the use cases.

[Angrydwarfs]

Is xrp slowly dying? The poor price all year suggests it's not going to reach its ath. 12 small companies are all use that xrp. Some of these only have 1 or 2 staff!

[carlisle1]

Is xrp slowly dying? The poor price all year suggests it's not going to reach its ath. 12 small companies are all use that xrp. Some of these only have 1 or 2 staff!

theres no need to reach ATH soon,because even Bitcoin is struggling to at least recover from the fall.it can't even break 10k$ again so what more for the alts?and from where did you get that 12 small companies using XRP with 1-2 staff?not unless you can provide some proof here all your statement will be only Hearsay ,but with 12 billion dollars capitalization?lol no one will listen to this 

[trackmaster]

Xrp holders assume the entire worlds wealth will flow through their centralized shitcoin . If banks wanted to use xrp, why aren't they signing up to xrapid as fast as they can? Truth is they love ripple but not xrp. Swift will adapt to blockchain ,xrp will be redundant.

Because you have no idea how banking world functions, that doesn't imply XRP won't be used.
You're just making fool of yourself

1,000,000,000 XRP Released From Crypto Escrow As Ripple Prepares for November Sales

Yes, we all know. Actually, do us a fovor, instead making 50+ posts like this, why don't you make
1 big post. Tell us about all the 1st of month for the next 5 years, so we don't forget

It’s impossible to do the favor cause he needs these 50+ posts with that crap of signature below  

Useless tools without comparison. I have 1 single post that is it. The idiot who claims that I have 50+ posts is obviously too far gone and has lost common sense. The markets failure is confirmed by the price movement not any fanboy comments. The sales volume is sited as a great achievement, but is only moving high volumes due to the extremely low prices. The most manipulated crypto is XRP and the ending will be ugly. Fading into the sunset in the near future. So happy I sold long ago.

[JollyGood]

The price has fallen below $0.28 again but it will hopefully get over the $0.30 mark again soon.

[mich]

Is xrp slowly dying? The poor price all year suggests it's not going to reach its ath. 12 small companies are all use that xrp. Some of these only have 1 or 2 staff!

Not it is not slowly dying but it is reacting how all the other alt coins are from this Bear Market

[mich]

Payments Giant MoneyGram Goes Crypto, Launches Ripple’s XRP-Based Remittance Solution in Four New Corridors

The CEO of payments giant MoneyGram says the company is expanding its use of Ripple’s XRP-based On-Demand Liquidity (ODL) into four new corridors.

https://dailyhodl.com/2019/11/08/payments-giant-moneygram-goes-crypto-launches-ripples-xrp-based-remittance-solution-in-four-new-corridors/