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Author Topic: - Why I'm STILL NOT selling my Ripple XRP ❤️  (Read 9531 times)
McWorse
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June 07, 2017, 04:45:04 PM
 #21

you don't need XRP for Ripple technology

Such statements make me tired....
For each privat ledger, you don't need XRP. Yes.
But to connect all these privat ledgers provided by several banks, stocks, services, you need the inter-ledger. And for that you need XRP.
Really so difficult to understand?

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AleSergio
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June 07, 2017, 05:16:51 PM
 #22

Ripple is on early stage at the moment, it will grow in price up for sure, we jsut need to give it some time. Im also holding some ripple coins Smiley

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charlescoin
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June 07, 2017, 05:22:34 PM
 #23

Some people hate Ripple but I still choose to NOT selling my XRP!

This is why:
- they are still alive, many coins from 2014 are almost dead, Ripple NOT and in top 3.

Ripple has working software, many coins just don't
15 of the top 50 banks work already with Ripple


Ripple employs over 150 people
Some coins have just one or two...


SBI Ripple China
https://ripple.com/ripple_press/ripple-strikes-multi-national-deal-with-sbi-holdings-to-meet-growing-demand-for-ripple-solutions-across-asia/

SBI Ripple India
state bank of india (sbi) is the government bank whose transaction is much more than another banks of india, if this is write that sbi approve ripple transaction then all other banks of india will definitely approve ripple then, INDIAN BANKS means a huge jump to ripple (total no bank 18 private sector bank, 28 public sector bank). IN SHORT what sbi did all banks of india definitely copy that.
alone sbi has more that 13000 branches in india huge news for ripple.

More countries and banks will join Ripple in the future


Ripple to Place 55 Billion XRP in Escrow to Ensure Certainty of Total XRP Supply
I don't see this happening with other coins.
https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/


Further Decentralizing the XRP Ledger
As we continue these initiatives to further decentralize the system, XRP Ledger will inherently become even more resilient. A key benchmark that we aim to achieve is to become more decentralized than Bitcoin, which at the time of writing is 51% controlled by just five mining pools. This means the largest five pools working together could achieve a 51% attack and reverse transactions (double spend) at will. For Ethereum, this number is even lower: only three pools are needed for a takeover. To match Bitcoin, XRP Ledger would need just 16 trusted validators. Add more, and the number of tolerable faults increases accordingly. In other words, XRP Ledger will not just meet, but exceed the decentralization level of other public blockchains.)
https://ripple.com/insights/how-we-are-further-decentralizing-the-ripple-consensus-ledger-rcl-to-bolster-robustness-for-enterprise-use/

Ripple can scale to handle the same throughput as Visa, but more reliably and at a lower cost
https://ripple.com/insights/ripple-continues-to-bring-internet-of-value-to-life-new-features-increase-transaction-throughput-to-same-level-as-visa/

500 times faster then bitcoin


I don't care if they helping banks. I still need my bankaccount. I don't see any differents in 5 years.
That's why I see a good future for Ripple.

The banks working with ripple are working with the company and not the currency so it doesn't fundamentally affect the coin. The 150 people they employ aren't all working on the coin they are doing other things within the ripple business of which XRP is only a part of it. The ripple in escrow are still going to be gradually released over time they aren't all locked up for the entire period.

The only point I can't refute is the fact that ripple is definitely a coin with easy scaling and fast transactions.

I don't think ripple will die but the volatility will continue with huge dips costing people their life savings until it is more than just a speculative coin as it is now.
styca
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June 07, 2017, 06:29:47 PM
 #24

Ripple is on early stage at the moment, it will grow in price up for sure, we jsut need to give it some time. Im also holding some ripple coins Smiley

Agreed. I'm happy for it not to shoot up at the moment. XRP is consolidating, building a support, whatever you want to call it. The last stable price was $0.03. The new stable price looks to be $0.28-$0.30. So let it stay here for a while. When it's ready to fly, it will. This is a long-term prospect. There is no bad news coming out, it's all good news. Ripple are building with banks, XRP is on more exchanges, building liquidity in more markets. If it shoots up to the fabled $1 price, and then drops back immediately to $0.70, then I won't be praying for it to shoot back to $1 immediately, I'll want it to build a solid line at $0.70 first.

XRP is going up. But first it needs a secure foundation.
Nomad88
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June 07, 2017, 07:52:23 PM
 #25

I have to admit that I haven't watch the Ripple project so closely, but I will share my experience as an outsider on this matter. Social media and news were paying so much attention on this coin, in fact headlines like "new bitcoin" was impossible to miss. Although this might seem good, I don't think it is always good sign to see this kind of headlines and news. It attracts too many amator investors and this usually cause aggressive price changes which is never a good thing for brand-new cryptocurreny projects. Its recent rally made some traders richer but most investors lost a lot of money. This is not the best first impression no matter how good the project is.

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June 07, 2017, 08:15:26 PM
 #26

XRP might have its chances to become dominant if the banks adopt it. If Chinese do then it is quite a good sign for ripple. However, regardless to whether it will become one of the best coins or not, I guess its price is likely to grow, because many people (especially newbie traders and investors) are likely to invest in a coin which is so cheap an #3 in marketcap already. So, no is not the time to sell in any case.

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9jaflick
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June 08, 2017, 08:49:01 AM
 #27

What is the equivalent of ripple to BTC now?
9jaflick
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June 08, 2017, 08:49:46 AM
 #28

Have you guys heard of gambling companies that are super profitable (Ripple), I heard you can gamble at their roulette tables (XRP)!!!!!!!! Better go do it! Cheesy
PM me the link please
davhek
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June 08, 2017, 08:55:29 AM
 #29

What is the equivalent of ripple to BTC now?
Ripple XRP   to BTC ฿0.00010396

Warkop
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June 08, 2017, 09:17:10 AM
 #30

Ripple is on early stage at the moment, it will grow in price up for sure, we jsut need to give it some time. Im also holding some ripple coins Smiley

I'm also very sure Ripple will grow and it will be something that is very surprising for everyone, because now the price of Ripple on the market is low, but can be seen in the coming weeks week, they will be very fast. His movements from before

tok_jingga
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June 08, 2017, 01:50:51 PM
 #31

i think ripple will replace bitcoin for 1 reason other project doesn't have yet

regulations and compliance
Boxxl (OP)
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June 08, 2017, 02:55:18 PM
 #32

i think ripple will replace bitcoin for 1 reason other project doesn't have yet

regulations and compliance

I don't think it will replace bitcoin. It's a different concept but they can have a bigger marketcap.

No Signature right now...
Boxxl (OP)
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June 08, 2017, 03:14:12 PM
 #33

This is BIG  Grin

$XRP will be listed on yuanbao.com one of the biggest exchanges in China on June 9th

No Signature right now...
theroryshow
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June 08, 2017, 04:02:27 PM
 #34

It always comes down to product and team. If they have a product that is used (they do) and a team that is working (they do) you are ahead of most altcoins. I do not own any xrp as I am heavily invested in their competitor (sort of) but I can understand why people believe in it.
EchoYuHatesBlacks
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June 08, 2017, 05:10:59 PM
 #35

I have faith in ripple, but I'm too late to the party for it to be a get rich quick for me. No such opportunities exist, I'm too late in the game. Wish I knew about it back then, but I well.

Might still pay off as a long term though.
ozaeri
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June 08, 2017, 05:16:10 PM
 #36

you don't need XRP for Ripple technology

Such statements make me tired....
For each privat ledger, you don't need XRP. Yes.
But to connect all these privat ledgers provided by several banks, stocks, services, you need the inter-ledger. And for that you need XRP.
Really so difficult to understand?

You need the most minuscule amounts of XRP only, a small enough amount that it will never have much affect on the price of XRP by itself. The price is still purely speculative. If you want to disprove me on this name me one bank or other financial institution that holds more than 1M$ worth for XRP.

You can't because they don't exist.

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June 09, 2017, 04:44:26 AM
 #37

I just want to know when is the escrow! I am bag holding. Everything is recovering at fast pace except XRP

BANCOR
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June 09, 2017, 04:51:54 AM
 #38

This is BIG  Grin

$XRP will be listed on yuanbao.com one of the biggest exchanges in China on June 9th
that was nice, xrp have a good value in the future that is why start investing in this coin if you want to earn big profit by couple of months because me i already did and i have already xrp in multiple exchange.
Prodigan786
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June 09, 2017, 04:59:24 AM
 #39

Many coins from 2014 dead but ripple in top 3. Still having market cap 11,24,79,45,794 even I have very small amount of ripple. So am not selling ripple
Alex_He
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June 09, 2017, 05:03:54 AM
 #40

It all depends on if ripple could grow big enough before one of major banks comes out with their own blockchain solution.
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