f0rmdeep (OP)
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May 16, 2017, 01:23:12 AM Last edit: May 16, 2017, 01:39:13 AM by f0rmdeep |
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This thread was likely started as comedy. (see $1 prediction on page 1 and so on. Why would Ripple be worth more than x times the sum of bitcoin, swift and all other cryptocurrencies combined?)
Because Ripple does something that no other cryptocurrency does.
It is taking a share of SWIFT's load. Even an extremely conservative 3% SWIFT load (that is 300 Billion USD by the way) moving on RCL/xrp/rccloud would mean XRP will have to be between 2 to 4 USD to be liquid and act as counter party free collateral. additional value helps re-conciliation.
now that's not that hard to get is it? .. anyways ..Go figure ! and the speed Ripple is moving with partnerships, i woudl say its going to bite a lot more then the tiny 3% i mentioned for calculation. #PS Warning to other: btw @regexlove, @leopard2 and few more .. are well known Ripple haters. Before taking anything they say seriously, look up every word they type, and read and verify, chances are everything they say will be a lie. something they troll openly, other times they come uninvited to threads like this and deceptively leave remarks. You are so full of shit. At best XRP will be used as a bridge. You just spew shit without backing it up with any sources. Here is the 2016 case that Ripple makes to banks to use XRP: https://ripple.com/files/xrp_cost_model_paper.pdfThey have moved on too a new proposal that doesn't even mention XRP: https://ripple.com/files/ripple_solutions_guide.pdfTheir main site still presents a case for it to be used as a bridge but even acknowledges that XRP is not needed: https://ripple.com/xrp-portal/LOL :-) ETH DAPPS To use Ripple for settlement, win win combination ETH and Ripple Live demo![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FkXfphXT.png&t=665&c=McA_CHGzPw3uhQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FMphVIWA.png&t=665&c=ThS0jtCahlhGXg) You still alive ? hope your own hatred does not burn you down, have a good rest ! LMAO
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f0rmdeep (OP)
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May 16, 2017, 01:38:24 AM |
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i think so, apart from acting as an investment vehicle, also added benefit, here you will be able to "lend" or "supply" xrp directly to market makers and those many businesses who will be processing payments on RCL ( and will always not know how much will be required )
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vsyc
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May 16, 2017, 02:02:40 AM |
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SoMuchDerp
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May 16, 2017, 02:04:02 AM |
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Reality sucks for you? Don't worry it is making you money so you don't have to care about reality. I doubt you are in this for anything else.
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vsyc
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May 16, 2017, 02:07:02 AM |
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Reality sucks for you? Don't worry it is making you money so you don't have to care about reality. I doubt you are in this for anything else. From now on, my mission here is to annoy you, because.... you sucks SoMuchDerp ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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SoMuchDerp
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May 16, 2017, 02:27:30 AM |
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This thread was likely started as comedy. (see $1 prediction on page 1 and so on. Why would Ripple be worth more than x times the sum of bitcoin, swift and all other cryptocurrencies combined?)
Because Ripple does something that no other cryptocurrency does.
It is taking a share of SWIFT's load. Even an extremely conservative 3% SWIFT load (that is 300 Billion USD by the way) moving on RCL/xrp/rccloud would mean XRP will have to be between 2 to 4 USD to be liquid and act as counter party free collateral. additional value helps re-conciliation.
now that's not that hard to get is it? .. anyways ..Go figure ! and the speed Ripple is moving with partnerships, i woudl say its going to bite a lot more then the tiny 3% i mentioned for calculation. #PS Warning to other: btw @regexlove, @leopard2 and few more .. are well known Ripple haters. Before taking anything they say seriously, look up every word they type, and read and verify, chances are everything they say will be a lie. something they troll openly, other times they come uninvited to threads like this and deceptively leave remarks. You are so full of shit. At best XRP will be used as a bridge. You just spew shit without backing it up with any sources. Here is the 2016 case that Ripple makes to banks to use XRP: https://ripple.com/files/xrp_cost_model_paper.pdfThey have moved on too a new proposal that doesn't even mention XRP: https://ripple.com/files/ripple_solutions_guide.pdfTheir main site still presents a case for it to be used as a bridge but even acknowledges that XRP is not needed: https://ripple.com/xrp-portal/LOL :-) ETH DAPPS To use Ripple for settlement, win win combination ETH and Ripple Live demohttps://i.imgur.com/kXfphXT.pnghttps://i.imgur.com/MphVIWA.pngYou still alive ? hope your own hatred does not burn you down, have a good rest ! LMAO This is a demo for Interledger, for which Ripple's latest plans don't include XRP. https://ripple.com/files/ripple_solutions_guide.pdfAny crypto could be used for settlement in that demo. is this supposed to be a rebuttal to the official sources I cited?
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plataoplomo94
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May 16, 2017, 03:18:18 AM |
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This thread was likely started as comedy. (see $1 prediction on page 1 and so on. Why would Ripple be worth more than x times the sum of bitcoin, swift and all other cryptocurrencies combined?)
Because Ripple does something that no other cryptocurrency does.
It is taking a share of SWIFT's load. Even an extremely conservative 3% SWIFT load (that is 300 Billion USD by the way) moving on RCL/xrp/rccloud would mean XRP will have to be between 2 to 4 USD to be liquid and act as counter party free collateral. additional value helps re-conciliation.
now that's not that hard to get is it? .. anyways ..Go figure ! and the speed Ripple is moving with partnerships, i woudl say its going to bite a lot more then the tiny 3% i mentioned for calculation. #PS Warning to other: btw @regexlove, @leopard2 and few more .. are well known Ripple haters. Before taking anything they say seriously, look up every word they type, and read and verify, chances are everything they say will be a lie. something they troll openly, other times they come uninvited to threads like this and deceptively leave remarks. You are so full of shit. At best XRP will be used as a bridge. You just spew shit without backing it up with any sources. Here is the 2016 case that Ripple makes to banks to use XRP: https://ripple.com/files/xrp_cost_model_paper.pdfThey have moved on too a new proposal that doesn't even mention XRP: https://ripple.com/files/ripple_solutions_guide.pdfTheir main site still presents a case for it to be used as a bridge but even acknowledges that XRP is not needed: https://ripple.com/xrp-portal/LOL :-) ETH DAPPS To use Ripple for settlement, win win combination ETH and Ripple Live demo![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FkXfphXT.png&t=665&c=McA_CHGzPw3uhQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FMphVIWA.png&t=665&c=ThS0jtCahlhGXg) You still alive ? hope your own hatred does not burn you down, have a good rest ! LMAO This is a demo for Interledger, for which Ripple's latest plans don't include XRP. https://ripple.com/files/ripple_solutions_guide.pdfAny crypto could be used for settlement in that demo. is this supposed to be a rebuttal to the official sources I cited? I have invested in ripple to and i think it is going to be one of my best investments. Thats true what you are saying, not to 100% but it is true that XRP (the Cryptocurrency) is not really needed, but Ripple was made for banks to do business around the world, they open accounts called nostro accounts that must be filled with local currency. Ripple argues this results in a waste of capital that the trials were designed to showcase. First, Ripple contends that value is lost because currency that must be held in the account is capital that could be invested elsewhere – and adding liquidity to these accounts costs money. Second, if a customer needs to do business with the bank for an amount that exceeds what is in the nostro account, days-long delays can result. Still, the ability for Ripple's distributed ledger to operate without a currency has proved appealing to an increasing number of financial institutions that are otherwise wary of the stigma surrounding bitcoin. Such sentiment led Ripple to launch a report earlier this year which aimed to showcase the cost savings that using a digital currency with a distributed ledger could achieve. Released in February, Ripple argued that its tech could provide banks with a 33% savings on international payments. Yet, this figure rose to 42% when digital currencies were used to facilitate the trades. Indeed, the increasing use of Ripple's technology without a digital currency led to market confusion about the company and its goals, a fact acknowledged by CEO Chris Larsen in a March interview with CoinDesk. "We could do a better job of communicating that XRP is essential to the Internet of Value," Larsen said at the time. http://www.coindesk.com/global-banks-test-ripples-digital-currency-new-blockchain-trial/Without XRP banks are saving 33% on international payments, with XRP they are saving 42% of international payments (and that's a lot in comparison to 33%). I don't know, in my opinion it was and it is a good investment, but everyone thinks different and at least it is all speculation, so no one can know what will happen, but i think Ripple(XRP) is going to break the 100$ mark in the next 2 years (IN MY OPINION!), 'cause there are so many other factors which must be considered. Sorry for my bad english ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) .
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MMysterious
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Bear season or just the beginning
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May 16, 2017, 03:41:15 AM |
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One of the major fears about Ripple has been uncertainty about their supply and what if Ripple releases too much of their supply into market, thereby suppressing price. Although, Ripple being a Licensed, Regulated, and Registered company that can be 'Sued' in court for fraud has eliminated much of this worry. But seems like Ripple wants to be world class in every. among the internal community. In their internal community, 'Rumors' are dense about Ripple releasing an extensive lock-up agreement spanning a whole decade and more. removing all market worries about supply. What does this mean ? 1.) Suddenly All worries about supply will be defeated in one official move. 2.) The supply available will only be the current supply. 3.) Overnight will make XRP lot more precious, valuable and most probably will spike up price greatly given so many use-cases and no more new supply in the horizon.Additionally, as a remainder unlike Bitcoin, ETH etc which are "Inflation" currencies that increase their supply over time, Ripple is Deflationary. Meaning, NO new coin can ever be mined/created, and Supply reduces over time as every transaction destroys certain amount of XRP. people are closely watching for hints in this years Consensus2017 event ( by Coindesk ) ( https://twitter.com/coindesk/status/859105209854906373) and it does not end there. Its also rumored that Ripple will use their on-platform escrow feature to enforce this lockup and show off to the feature to their customers. (Ripple has on-platform cryptographically secure escrow that does not depend on 'any' external services)I have given head's up, i think once this is done, There is no stopping XRP's higher evaluation. and My personal guess is Much higher. Good luck everybody ! If that's the case then I should really hold on to my XRPs. Great analytical thinking bro! Hopefully I'm right trading it for long term instead of short term.
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f0rmdeep (OP)
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May 16, 2017, 07:31:30 AM |
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This thread was likely started as comedy. (see $1 prediction on page 1 and so on. Why would Ripple be worth more than x times the sum of bitcoin, swift and all other cryptocurrencies combined?)
Because Ripple does something that no other cryptocurrency does.
It is taking a share of SWIFT's load. Even an extremely conservative 3% SWIFT load (that is 300 Billion USD by the way) moving on RCL/xrp/rccloud would mean XRP will have to be between 2 to 4 USD to be liquid and act as counter party free collateral. additional value helps re-conciliation.
now that's not that hard to get is it? .. anyways ..Go figure ! and the speed Ripple is moving with partnerships, i woudl say its going to bite a lot more then the tiny 3% i mentioned for calculation. #PS Warning to other: btw @regexlove, @leopard2 and few more .. are well known Ripple haters. Before taking anything they say seriously, look up every word they type, and read and verify, chances are everything they say will be a lie. something they troll openly, other times they come uninvited to threads like this and deceptively leave remarks. You are so full of shit. At best XRP will be used as a bridge. You just spew shit without backing it up with any sources. Here is the 2016 case that Ripple makes to banks to use XRP: https://ripple.com/files/xrp_cost_model_paper.pdfThey have moved on too a new proposal that doesn't even mention XRP: https://ripple.com/files/ripple_solutions_guide.pdfTheir main site still presents a case for it to be used as a bridge but even acknowledges that XRP is not needed: https://ripple.com/xrp-portal/LOL :-) ETH DAPPS To use Ripple for settlement, win win combination ETH and Ripple Live demo![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FkXfphXT.png&t=665&c=McA_CHGzPw3uhQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FMphVIWA.png&t=665&c=ThS0jtCahlhGXg) You still alive ? hope your own hatred does not burn you down, have a good rest ! LMAO This is a demo for Interledger, for which Ripple's latest plans don't include XRP. https://ripple.com/files/ripple_solutions_guide.pdfAny crypto could be used for settlement in that demo. is this supposed to be a rebuttal to the official sources I cited? Okie now you are pasting wrong things man ! Ripple is demo'ing ETH and XRp payments. on ILP. any two assets 'but' those which are ILP complaint. ETH bridge was recently designed. that's the only option as of now. why don't you wait for the demo , and then come back ! one thing with ripple, they are well managed and liable company. So their news usually stands and are proven right.
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f0rmdeep (OP)
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May 16, 2017, 07:32:42 AM |
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If that's the case then I should really hold on to my XRPs. Great analytical thinking bro! Hopefully I'm right trading it for long term instead of short term. thanks, I am doing the same. Not worried much, lots of projects going live in next 1 or 2 years , all for which they have worked very hard for last several years... 7+ years actually.. So its only catching up.. but lets see. we shoudl be fine, good luck to us.
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anahata
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May 16, 2017, 03:04:00 PM |
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This thread was likely started as comedy. (see $1 prediction on page 1 and so on. Why would Ripple be worth more than x times the sum of bitcoin, swift and all other cryptocurrencies combined?)
Because Ripple does something that no other cryptocurrency does.
It is taking a share of SWIFT's load. Even an extremely conservative 3% SWIFT load (that is 300 Billion USD by the way) moving on RCL/xrp/rccloud would mean XRP will have to be between 2 to 4 USD to be liquid and act as counter party free collateral. additional value helps re-conciliation.
now that's not that hard to get is it? .. anyways ..Go figure ! and the speed Ripple is moving with partnerships, i woudl say its going to bite a lot more then the tiny 3% i mentioned for calculation. #PS Warning to other: btw @regexlove, @leopard2 and few more .. are well known Ripple haters. Before taking anything they say seriously, look up every word they type, and read and verify, chances are everything they say will be a lie. something they troll openly, other times they come uninvited to threads like this and deceptively leave remarks. You are so full of shit. At best XRP will be used as a bridge. You just spew shit without backing it up with any sources. Here is the 2016 case that Ripple makes to banks to use XRP: https://ripple.com/files/xrp_cost_model_paper.pdfThey have moved on too a new proposal that doesn't even mention XRP: https://ripple.com/files/ripple_solutions_guide.pdfTheir main site still presents a case for it to be used as a bridge but even acknowledges that XRP is not needed: https://ripple.com/xrp-portal/LOL :-) ETH DAPPS To use Ripple for settlement, win win combination ETH and Ripple Live demo![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FkXfphXT.png&t=665&c=McA_CHGzPw3uhQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FMphVIWA.png&t=665&c=ThS0jtCahlhGXg) You still alive ? hope your own hatred does not burn you down, have a good rest ! LMAO This is a demo for Interledger, for which Ripple's latest plans don't include XRP. https://ripple.com/files/ripple_solutions_guide.pdfAny crypto could be used for settlement in that demo. is this supposed to be a rebuttal to the official sources I cited? I have invested in ripple to and i think it is going to be one of my best investments. Thats true what you are saying, not to 100% but it is true that XRP (the Cryptocurrency) is not really needed, but Ripple was made for banks to do business around the world, they open accounts called nostro accounts that must be filled with local currency. Ripple argues this results in a waste of capital that the trials were designed to showcase. First, Ripple contends that value is lost because currency that must be held in the account is capital that could be invested elsewhere – and adding liquidity to these accounts costs money. Second, if a customer needs to do business with the bank for an amount that exceeds what is in the nostro account, days-long delays can result. Still, the ability for Ripple's distributed ledger to operate without a currency has proved appealing to an increasing number of financial institutions that are otherwise wary of the stigma surrounding bitcoin. Such sentiment led Ripple to launch a report earlier this year which aimed to showcase the cost savings that using a digital currency with a distributed ledger could achieve. Released in February, Ripple argued that its tech could provide banks with a 33% savings on international payments. Yet, this figure rose to 42% when digital currencies were used to facilitate the trades. Indeed, the increasing use of Ripple's technology without a digital currency led to market confusion about the company and its goals, a fact acknowledged by CEO Chris Larsen in a March interview with CoinDesk. "We could do a better job of communicating that XRP is essential to the Internet of Value," Larsen said at the time. http://www.coindesk.com/global-banks-test-ripples-digital-currency-new-blockchain-trial/Without XRP banks are saving 33% on international payments, with XRP they are saving 42% of international payments (and that's a lot in comparison to 33%). I don't know, in my opinion it was and it is a good investment, but everyone thinks different and at least it is all speculation, so no one can know what will happen, but i think Ripple(XRP) is going to break the 100$ mark in the next 2 years (IN MY OPINION!), 'cause there are so many other factors which must be considered. 100$ will mean 10 trillion$ market cap for ripple. Apple has 800 billion$ market cap, and it has products that are valued. Please do not blabber anything just for the sake of posting.
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vsyc
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May 16, 2017, 03:35:41 PM |
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... cut ...
100$ will mean 10 trillion$ market cap for ripple. Apple has 800 billion$ market cap, and it has products that are valued. Please do not blabber anything just for the sake of posting.
What Apple market cap has to do with your incorrect calculation and thoughtless statement?
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leopard2
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May 16, 2017, 10:49:08 PM Last edit: May 16, 2017, 10:59:21 PM by leopard2 |
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Just a fraction of a percent of Xripoff need to hit the exchanges, orderbooks will dive to zero, I guess if Polo goes bellyup that will have the same effect.. Tulip bubble was nothing compared to this, at least there was some tulip bulbs behind the trillions. XRP is hot air Clue to XRP camels: check out souk al-manakh LOL The Souk Al-Manakh stock market crash was the 1982 stock market crash of Kuwait's unofficial stock market, the Souk Al-Manakh. The Al-Manakh market was housed in an air-conditioned parking garage that had formerly been a camel trading venue,[1] and specialized in highly speculative and unregulated non-Kuwaiti companies. At its peak, its market capitalization was the third highest in the world, behind only the U.S. and Japan, and ahead of the U.K. and France.Market cap, yay!! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I love this part "The crash prompted a recession that rippled through society..." LMAO ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Truth is the new hatespeech.
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vsyc
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May 16, 2017, 11:04:07 PM |
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Just a fraction of a percent of Xripoff need to hit the exchanges, orderbooks will dive to zero, I guess if Polo goes bellyup that will have the same effect.. Tulip bubble was nothing compared to this, at least there was some tulip bulbs behind the trillions. XRP is hot air Clue to XRP camels: check out souk al-manakh LOL The Souk Al-Manakh stock market crash was the 1982 stock market crash of Kuwait's unofficial stock market, the Souk Al-Manakh. The Al-Manakh market was housed in an air-conditioned parking garage that had formerly been a camel trading venue,[1] and specialized in highly speculative and unregulated non-Kuwaiti companies. At its peak, its market capitalization was the third highest in the world, behind only the U.S. and Japan, and ahead of the U.K. and France.Market cap, yay!! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I love this part "The crash prompted a recession that rippled through society..." LMAO ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Looked into your last 10 messages, I feel sorry for you, hope you get paid well and hope its in Zimbabwe dollar without the paper. If others trolls try some standard ways of trolling, which are boring and based on unanswered questions, yours are sick and have nothing to do with reality ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Get well man/woman/it.
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leopard2
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May 16, 2017, 11:09:50 PM |
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vsyc hates me cuz he needs sheeple to dump his xrp on, at $1 ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif)
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Truth is the new hatespeech.
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vsyc
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May 16, 2017, 11:24:52 PM |
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vsyc hates me cuz he needs sheeple to dump his xrp on, at $1 ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif) $1? You are cheap man ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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sud
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May 18, 2017, 11:20:25 AM |
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Seriously if 1 XRP would cost 100$ how can it be used to transfer money? It doesn't make sense... or am I missing something? For it's puprose 1$ value looks more real.
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