Ripple is in major trouble

[Spoetnik]

So those change in number of coins aren't related to the consensus rule?

I'm not sure what you're referring to. What change in the number of coins?

You know what he meant.. but as usual you are playing games.

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[Sukrim]

So those change in number of coins aren't related to the consensus rule?

No, since this is an external measure.
Something similar would be "BTC that are not held by Bitstamp". This number is likely to change over time, but doesn't have anything to do with the total number of BTC or consensus rules that have to be respected by miners (e.g. <=50/25/12.5 ... BTC per coinbase transaction).

Coinmarketcap.com just chose to only display the portion of any currency that is not held by the creators/custodians of that currency, see https://coinmarketcap.com/currencies/views/market-cap-by-total-supply/ for the actually existing numbers of tokens for each currency listed there. This number is the one that is enforced by consensus rules and which can only go down.

[cryptoonion888]

So those change in number of coins aren't related to the consensus rule?

I'm not sure what you're referring to. What change in the number of coins?

I mean, if the consensus can't validate a transaction and they asume it as false, can they just destroy those tokens?
I'm refering to the graphic posted up:

Can someone explain how it is possible the available supply decreases from time to time? WTF
(Now 17 June 2017 at 38,290,271,363 XRP    )

[cryptoonion888]

So those change in number of coins aren't related to the consensus rule?

No, since this is an external measure.
Something similar would be "BTC that are not held by Bitstamp". This number is likely to change over time, but doesn't have anything to do with the total number of BTC or consensus rules that have to be respected by miners (e.g. <=50/25/12.5 ... BTC per coinbase transaction).

Coinmarketcap.com just chose to only display the portion of any currency that is not held by the creators/custodians of that currency, see https://coinmarketcap.com/currencies/views/market-cap-by-total-supply/ for the actually existing numbers of tokens for each currency listed there. This number is the one that is enforced by consensus rules and which can only go down.

So the graph is not accurate?

[Sukrim]

No idea, but it measures a property that is not part of the currency/blockchain design. As I said, a similar graph could be made with "Bitcoins deposited at Bitstamp and Kraken". The number might increase or decrease, but it doesn't influence how many total Bitcoins are out there.
This graph shows "XRP not held by Ripple Inc.", not "Total XRP in existence". It also contains a spelling error in the heading, so I'm not so sure if I would trust it a lot if the (german speaking) author is not able to correctly type a word or use copy-paste...

[JoelKatz]

I mean, if the consensus can't validate a transaction and they asume it as false, can they just destroy those tokens?

No. There are only two ways to destroy XRP. It can be used to pay transaction fees or it can be sent to an address that is provably unable to transfer it out. Both of those cases require a transaction to execute and apply in a ledger. If a transaction is rejected by the consensus process, it doesn't do anything at all, not even ever appearing in a ledger or authorizing any changes to ledger state. If a transaction is accepted into a ledger by the consensus process, deterministic rules control what the consequences of that transaction are.

[Croin]

I really hope that this coin disappears, it has a really bad influence on the cryptocurrecy field. It has actually nothing to do with crypto by being centralized and manipulated in price.

[Boxxl]

I really hope that this coin disappears, it has a really bad influence on the cryptocurrecy field. It has actually nothing to do with crypto by being centralized and manipulated in price.

No, maybe you need to read more on there website www.ripple.nl.

[NUFCrichard]

It doesn't sound like Ripple is in 'major trouble' it sounds like the reason for the massive price increase may have been overblown.
Honestly at the moment, the market doesn't much care. If there is good news, the price goes up, if there is bad news it stays high, until the next good news, when it pumps again!

There is a lot of money flying into the alts bubble, so prices are rising. Ripple isn't in trouble, maybe it should fall from it's all time highs, but it might not too!

[Spoetnik]

I really hope that this coin disappears, it has a really bad influence on the cryptocurrecy field. It has actually nothing to do with crypto by being centralized and manipulated in price.

Agreed and i have asked a number of times if Ripple coins can be removed.
Since they can be added on Demand by the Ripple Inc company then uhh see a problem ?

[posternat]

Ripple has nothing special to offer like the majority of the coins from the same generation and most of coins from the current generation.  There is nothing wrong with Ripple, but there is nothing that will make it surge above the rest more than a few times here and there, based on new traffic created because the OP announcement got a new bit of life.

[KrakAJAX]

Ripple has nothing special to offer like the majority of the coins from the same generation and most of coins from the current generation.  There is nothing wrong with Ripple, but there is nothing that will make it surge above the rest more than a few times here and there, based on new traffic created because the OP announcement got a new bit of life.

Then again most tokens don't have any special code to them, it's just the perception of what value it holds, and they still get pumped.

[Qunenin]

Ripple has nothing special to offer like the majority of the coins from the same generation and most of coins from the current generation.  There is nothing wrong with Ripple, but there is nothing that will make it surge above the rest more than a few times here and there, based on new traffic created because the OP announcement got a new bit of life.

Then again most tokens don't have any special code to them, it's just the perception of what value it holds, and they still get pumped.

People jump on the old threads and make a comment that is nothing more than a chance for them to speak and be heard in the world and make themselves feel validated and whatever older thread that was blessed with that comment will get a little new activity.  It was Ripple recently and something else next week.

[jennywhzz]

These coins and tokens get their fans based on some snippet of the OP announcement and the rest is just smoke and mirrors, based on the original smoke and mirrors and buttressed with a little more smoke and mirrors.

[gedor]

I don't know much about ripple token's usage for users but as a startup ripple is successful now. and it seems it will go more

[Boxxl]

I only know Ripple will be a really BIG company 

[btctousd81]

so should i hold or sell my ripple.,
i thought ripple has a bright future.,

its backed by google and its helping banks in 3rd world, to send funds internationally quick and cheap.
 

[MrGatzi]

i bought some yesterday ^^ i think Ripple is good for the future

[Metros]

Ripple wont die, it'll grow. big banks back it up.

We can hate or love it, that's a fact.


But once R3, Quorum, Axoni & InfoSys will launch their own coins, they'll rocket sky and will be intense compete for Ripple.

I wonder when they actually gonna launch coins..

[leopard2]

I really hope that this coin disappears, it has a really bad influence on the cryptocurrecy field. It has actually nothing to do with crypto by being centralized and manipulated in price.

Agreed and i have asked a number of times if Ripple coins can be removed.
Since they can be added on Demand by the Ripple Inc company then uhh see a problem ?

Yeah they could list Paypal, Visa or simply fiat currencies, what a joke