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Author Topic: ripple: let's test it!  (Read 43518 times)
Uberse
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December 31, 2017, 02:08:20 AM
 #581

In my opinion, XRP is the way for whales and sharks playing the dump and pump games which is really dangerous for normal people like us want to earn some profit in our life.

Ripple is the first protocol of its kind and the first wave of many that will, in the years ahead, lower to nearly zero the cost and time required for institutional money transfers. There is nothing scammy about Ripple. And a formal part of its protocol is a 'Bitcoin Bridge' is that will, like Ethereum, expand Bitcoin's reach into daily life. So Ether and Ripple are not 'competitors' and 'rivals' of Bitcoin. They will all complement each other, as will the token-based protocols that come after Ripple (like IOTA). But being mere tokens, they will not be good HODL material -- they are not the ongoing product of genuine work, like bitcoins and ethers are. The whales and sharks you mention are just swimming in the sea they found themselves in. But they are easy to spot if you want to spot them. The trouble is, so many people don't want to spot them.

It amuses me how all the warnings people have sounded about bitcoin apply more to Ripple as something to HODL -- and even, for that matter, as a short-term speculation. You are going to get burnt. They are tokens. And lots more of them are waiting in the wings. That doesn't necessarily mean they won't serve a legitimate purpose. Ripple surely does serve a legitimate purpose. But as an investment strategy . . . no. I remember a life-insurance salesman coming around our house many years ago when I was a kid. He had a great investment strategy that he raved about: Second Trust Deeds. Fifteen years later he was still a life insurance salesman with the same phone number. I have this vision of a similar salesman coming around your house with a great new investment tool: Bank Transfer Settlement Tokens . . .



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December 31, 2017, 02:11:09 AM
 #582

In my opinion, XRP is the way for whales and sharks playing the dump and pump games which is really dangerous for normal people like us want to earn some profit in our life.

What are you talking about? It's not the toys of whales. It is the one of the best investments for normal people.
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December 31, 2017, 02:17:52 AM
 #583

In my opinion, XRP is the way for whales and sharks playing the dump and pump games which is really dangerous for normal people like us want to earn some profit in our life.

What are you talking about? It's not the toys of whales. It is the one of the best investments for normal people.

Don't be normal.
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December 31, 2017, 09:13:53 AM
 #584

They are moving away from that paradigm for 3-4 years now by the way, the new hot shit that Ripple Inc pushes is https://interledger.org as the upcoming W3C payment standard (Current slide deck: https://www.slideshare.net/Interledger/34c3-interledger-presentation-background-streaming-payments-and-implications). It would allow you to always hold BTC, but to pay someone who only accepts e.g. PayPal at current market prices. That's also the technology that they sell to banks, not the XRP ledger itself (banks don't like to have their payments public apparently).

hold BTC or hold some BTC IOUs?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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December 31, 2017, 09:37:24 AM
 #585

hold BTC or hold some BTC IOUs?
Hold actual BTC.

Interledger is more of a protocol to automatically trade/transfer on the spot between parties that have implemented that API.

https://www.coinlend.org <-- automated lending at various exchanges. No fees(!).
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January 03, 2018, 12:18:33 AM
 #586

 I didn’t understand XRP at $1bn. I really don’t understand XRP at $100bn. It’s not required to use Ripple’s software, so unless banks are adopting the currency as a new global reserve, it doesn’t make sense. But the top employees are now billionaires, so that’s cool.

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January 16, 2018, 04:56:12 AM
 #587

I used to think about Ripple which is the norm of a coin. Now I'm disappointed in the Ripple coin when I found out that he was going against Bitcoin and that it was possible a conspiracy of bankers.

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April 27, 2018, 10:28:41 AM
 #588

Now ripple is Becoming more and more popular. Ripple is interested in banks and different financial structures. This suggests that in the near future, this cryptocurrency will become one of the most popular and expensive.
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April 28, 2018, 01:02:51 PM
 #589

Looks like you trusted me for 0.01BTC Timo Y. Just reciprocated...

One thing I don't understand:
When I added trust for molecular, it dropped my XRP balance by 1. When I added trust from Timo Y, my balance stayed the same
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May 01, 2018, 02:22:49 PM
 #590

Compared to that, Bitcoin is simple and straight-forward. Lets see who the first person is to explain ripple to their mom
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May 02, 2018, 03:45:36 PM
 #591

I can't wait until people start using the currency creation to make stocks and bonds. I'm tempted to start selling XRP futures on Ripple as a way to short them, but I doubt anybody would trust me...
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May 16, 2018, 05:41:19 PM
 #592

Anyone willing to send me 300 ripples? I'll return them if you wish. I'm just looking to play with the system and see what it can do.
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May 17, 2018, 11:19:01 AM
 #593

Anyone willing to send me 300 ripples? I'll return them if you wish. I'm just looking to play with the system and see what it can do.
Sure, if you send me an equal or higher value in BTC first.

https://www.coinlend.org <-- automated lending at various exchanges. No fees(!).
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May 17, 2018, 11:22:12 AM
 #594

In my opinion, XRP is the way for whales and sharks playing the dump and pump games which is really dangerous for normal people like us want to earn some profit in our life.
I agree with you buddy because Ripple is not decentralized where no one control over it. Ripple can be easily manipulated through pump and dump because it is controlled by some people only.
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May 18, 2018, 08:52:02 PM
 #595

I think that it's not worth testing and investing your money in this coin, because the price will not rise in the near future. This is due to the fact that this coin has already brought the maximum revenue

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May 18, 2018, 08:53:50 PM
 #596

I think that it's not worth testing and investing your money in this coin, because the price will not rise in the near future. This is due to the fact that this coin has already brought the maximum revenue

But on the other hand, maybe it might increase up to $3 value again in the future.
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May 18, 2018, 09:29:23 PM
 #597

I think that it's not worth testing and investing your money in this coin, because the price will not rise in the near future. This is due to the fact that this coin has already brought the maximum revenue

Yup you are right if we want a short-term investment with clear ripple I do not advocate as the price continues to stay at a certain level and increase ripple also will not be high and high only reach $ 1 ripple better we use for currency exchange between markets compared to invest in inside.

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May 18, 2018, 09:50:23 PM
 #598

One of the main features of the system is the consensus registry. The Ripple platform network runs on a protocol that the developers called RTGS. It is used as a basis for a gross settlement system in real time.

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May 19, 2018, 03:42:20 PM
 #599

Quite a few people seem to have extended some credit to me, but I'm not sure who. If you PM me with your address, I will likely rep you back.
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May 20, 2018, 03:34:38 AM
 #600

Where is the thread where I could tell everyone how awesome I think this project is?
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