loews (OP)
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April 29, 2017, 09:26:53 PM |
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Hey guys i would like to hear some opinions about ripple i'm thinking to invest big on it since i found that a big bank invest $55kk on it last year but just now its growing its worth to buy it? do u think that xrp can hit at least $5?  i was watching the graphics and its always going to $0.07 then down to $0.02  |
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Flomess
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April 29, 2017, 09:35:08 PM |
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Hey guys i would like to hear some opinions about ripple i'm thinking to invest big on it since i found that a big bank invest $55kk on it last year but just now its growing its worth to buy it? do u think that xrp can hit at least $5? i was watching the graphics and its always going to $0.07 then down to $0.02 5$ a piece whould put it at 190$ billion marketcap, 9 times the BTC current cap. Does it seem likely to you? |
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fistfullofbtc
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April 29, 2017, 09:37:42 PM |
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ripple labs owns 80+% of coin supply, it dictates the price. it is a great product but over valued. it isn't decentralized which is why we are all here, so take that as you will.
circulating supply figures are dubious as well.
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TraderK
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April 29, 2017, 09:47:37 PM |
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Here's a few reasons why you should NOT invest in XRP:
1. RippleLabs owns vast majority of XRP and has said they will dump it strategically in order to create a stable price. So if it begins to "moon" you can expect a large amount to be dumped by RippleLabs.
2. Billions are also owned by the original Dev who is allowed to dump 0.5% of trading volume per day. Looking at price history we see every spike is followed by a slow and steady decline to original price. This is because RippleLabs and Founder are dumping XRP.
3. The tech that RippleLabs is working on with banks has NOTHING to do with XRP. Ripple has two different functions, and XRP is used by smaller organizations who don't have the resources banks do. Even if Ripple experiences mass adoption by banks, there is no guarantee this will translate into demand for XRP.
It is a bad investment imo.
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DigitalLemming
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April 29, 2017, 11:03:24 PM |
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Here's a few reasons why you should NOT invest in XRP:
1. RippleLabs owns vast majority of XRP and has said they will dump it strategically in order to create a stable price. So if it begins to "moon" you can expect a large amount to be dumped by RippleLabs.
2. Billions are also owned by the original Dev who is allowed to dump 0.5% of trading volume per day. Looking at price history we see every spike is followed by a slow and steady decline to original price. This is because RippleLabs and Founder are dumping XRP.
3. The tech that RippleLabs is working on with banks has NOTHING to do with XRP. Ripple has two different functions, and XRP is used by smaller organizations who don't have the resources banks do. Even if Ripple experiences mass adoption by banks, there is no guarantee this will translate into demand for XRP.
It is a bad investment imo.
1. Ripple labs has 63 Billion that is NOT in circulation. Their website clearly details their distribution strategy with the additional coins. The do not dump to stabalize price you can track how many coins are currently circulating. None have been added. Also there is rumors of a pending lockup of the additional coins to bring further trust that this is not going to happen. 2. Yes the former dev does still currently have some 4 billion XRP. He is legally blinded on how much he can distribute. Coins always have a steady or sharp decline after a spike. .5% daily volume is negligible. 3. The tech does have to do with XRP. Their plan is to bring all banks up to speed with their Ripple software and have the availability of using XRP as transfers as to not force it on them. They have a savings calculator first page of their website outlining how much banks can save using XRP. Ripple and XRP are married together like it or not. 4. Look at charts, performing great. Lately nonstop news about use cases and banks ACTUALLY transferring via XRP. I feel it is a great investment for years to come. |
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DigitalLemming
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April 29, 2017, 11:10:07 PM |
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Hey guys i would like to hear some opinions about ripple i'm thinking to invest big on it since i found that a big bank invest $55kk on it last year but just now its growing its worth to buy it? do u think that xrp can hit at least $5? i was watching the graphics and its always going to $0.07 then down to $0.02 XRP probably will not hit 5$ unless it is FULLY adopted. It's an all or nothing bet. No adoption it will rise on speculation of adoption but that only takes it so far. Adoption and payments actually being used with XRP through the RCL will boost the price up to unbelievable levels. a 200 billion dollar market cap for a company handling international money transfer across the world is not a lot. Time will tell but considering the hoops they have jumped through too keep things entirely legal and regulating I think it has the best chance of remaining. However it is your enemy if you are against centralization. I don't care I'm pro profit! |
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memequiserle
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April 29, 2017, 11:32:40 PM |
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Hey guys i would like to hear some opinions about ripple i'm thinking to invest big on it since i found that a big bank invest $55kk on it last year but just now its growing its worth to buy it? do u think that xrp can hit at least $5? i was watching the graphics and its always going to $0.07 then down to $0.02 i think if xrp price can reach to 5 dollar is very dificult because total suply xrp is very big total suply xrp 99 billion coin, if xrp price 5 dollar, circulation money 500 billion dollar is amazing, is compare bitcoin only 21 billion dollar |
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Shiroslullaby
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April 29, 2017, 11:50:50 PM |
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Yes $5 per XRP would make a company around the same worth of Amazon.
Its possible but you would need most major banks in the world using Ripple for this to happen.
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vsyc
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April 30, 2017, 12:04:20 AM |
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loews (OP)
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Activity: 128
Merit: 10
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April 30, 2017, 07:06:50 PM |
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oh shut the fuck up do you even know what "speculation" means? i ask whatever i want  |
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vsyc
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April 30, 2017, 08:01:45 PM |
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oh shut the fuck up do you even know what "speculation" means? i ask whatever i want Start move your both fatty brain and ass and do some research Otherwise, again, YOU WASTE YOUR TIME |
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g___
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April 30, 2017, 08:51:35 PM |
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i would like to hear some opinions about ripple
use the search function, there are MANY threads that will answer your question(s) |
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loews (OP)
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Activity: 128
Merit: 10
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May 01, 2017, 03:03:43 PM |
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i would like to hear some opinions about ripple
use the search function, there are MANY threads that will answer your question(s) oh shut the fuck up do you even know what "speculation" means? i ask whatever i want Start move your both fatty brain and ass and do some research Otherwise, again, YOU WASTE YOUR TIME talk to my hand |
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blackhawk101
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May 01, 2017, 03:18:42 PM |
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i would like to hear some opinions about ripple
use the search function, there are MANY threads that will answer your question(s) oh shut the fuck up do you even know what "speculation" means? i ask whatever i want Start move your both fatty brain and ass and do some research Otherwise, again, YOU WASTE YOUR TIME talk to my hand NO TIME FIGHT, XRP GOING MOON. BE FRIEND, USE HAND MAKE DUTCH RUDDER  |
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olarsson
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May 01, 2017, 03:19:59 PM |
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People don't seem to understand that use of ripple network is not use of XRP. Banks do not have to buy XRP to use ripple network.
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g___
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May 01, 2017, 07:01:29 PM |
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Banks do not have to buy XRP to use ripple network.
wrong. at the very least, a bank needs to use xrp as a network fee to prevent spam. also, without xrp as the bridge currency, a bank won't be saving money, which is one of the major incentives for using ripple. |
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1ofthemany
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May 01, 2017, 07:59:09 PM |
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People don't seem to understand that use of ripple network is not use of XRP. Banks do not have to buy XRP to use ripple network.
The only way to route a transaction between Ripple Consensus Ledger and Interledger Protocol is by using XRP via a feature called Escrow. Ripple ledger's PayChan feature (which is pretty much ripple's "lightning network") also supports XRP only. |
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kreaninw
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May 25, 2017, 05:40:25 AM |
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Hey guys i would like to hear some opinions about ripple i'm thinking to invest big on it since i found that a big bank invest $55kk on it last year but just now its growing its worth to buy it? do u think that xrp can hit at least $5? i was watching the graphics and its always going to $0.07 then down to $0.02 i think if xrp price can reach to 5 dollar is very dificult because total suply xrp is very big total suply xrp 99 billion coin, if xrp price 5 dollar, circulation money 500 billion dollar is amazing, is compare bitcoin only 21 billion dollar Isn't XRP be permanently destroy for each transaction? |
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