Ripple Confirms China Expansion Plans

[TrumpD]

Looks like an attempt to get the price up, at least they are trying something. It is normal for people behind a coin to mention China in the hope that it gets investors involved.

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[quarkyplum]

I'm glad ripple is expanding I know plenty of people who are invest  but I just cant do it...I mean don't you guys see this coin as the Anti Crypto? Sure its a well structured idea but I means the whole idea of crypto is to be decentralized right? Unless you don't mind  throwing principles out the window.

True. Though being advertised as a cryptocurrency, the Ripple pvt co. is as centralized as possible and would probably sell users data to the authorities like the traditional payment gateways do.

In my opinion, Ripple like token platform transfer money than define cryptocurrency altcoin like our thought. Because the price of Ripple just increasing when have some banks accept use it as tool helps them transfer money easy and fast.

[ardentvolcanoes]

For international payments China is a must be. We need a trustable network to make payments. I already know Ripple made some good agreements with Regulated Banks all around the world.
And also today ripple price is really nice to invest in.

well if another pumped can be expect this month or two the value right now is really good to start with as ripple still in its downfall movement
if you are a risk taker this moment will be much better for you to place your entry and hold your coin till its pumped again.

[Ethereuming]

China or not China personally I don't want to invest in Ripple because supply is huuuuuge. I don't think that I'm the only one...

[bucciarati]

China or not China personally I don't want to invest in Ripple because supply is huuuuuge. I don't think that I'm the only one...

i think supply is huge because of huge potential, the target is the financial market international transfers and settlements, way more than all crypto combined (actual), if they will be succesfull but this is another story. China is a step in that direction

[Lucky_U]

I don't like and I don's want invest in Ripple, even though a news from China. There is more interesting project live.

[Ethereuming]

China or not China personally I don't want to invest in Ripple because supply is huuuuuge. I don't think that I'm the only one...

i think supply is huge because of huge potential, the target is the financial market international transfers and settlements, way more than all crypto combined (actual), if they will be succesfull but this is another story. China is a step in that direction

But gains that make a good coin of 40 million supply can not be the gains of a good coin of 40 billion supply: Impossible. Then I prefer to bet on others. But it's just my opinion. 

[McWorse]

China or not China personally I don't want to invest in Ripple because supply is huuuuuge. I don't think that I'm the only one...

i think supply is huge because of huge potential, the target is the financial market international transfers and settlements, way more than all crypto combined (actual), if they will be succesfull but this is another story. China is a step in that direction

But gains that make a good coin of 40 million supply can not be the gains of a good coin of 40 billion supply: Impossible. Then I prefer to bet on others. But it's just my opinion. 

The profit per invested BTC is the same.
If you spend 1 BTC in a low supply coin and 1 BTC in a high supply coin and both are rising for 20% and you cash out, you'll have 1,2BTC each.
Forget supply and take a look at the marketcap. When marketcap goes up or down for x%, the price per coin will go up and down for the same %. No matter how high or low the supply is or how many coins you hold.
Simple math.

[okissabam]

If that's the case then hopefully Ripple will have great comeback after it's dip. And China is one you can't mess with and I underestimated China when it comes with cryptocurrencies. The supply will for sure be huge for sure.

[Ethereuming]

China or not China personally I don't want to invest in Ripple because supply is huuuuuge. I don't think that I'm the only one...

i think supply is huge because of huge potential, the target is the financial market international transfers and settlements, way more than all crypto combined (actual), if they will be succesfull but this is another story. China is a step in that direction

But gains that make a good coin of 40 million supply can not be the gains of a good coin of 40 billion supply: Impossible. Then I prefer to bet on others. But it's just my opinion. 

The profit per invested BTC is the same.
If you spend 1 BTC in a low supply coin and 1 BTC in a high supply coin and both are rising for 20% and you cash out, you'll have 1,2BTC each.
Forget supply and take a look at the marketcap. When marketcap goes up or down for x%, the price per coin will go up and down for the same %. No matter how high or low the supply is or how many coins you hold.
Simple math.

GAS for example with 3 million supply at the beginning of the month was 6 million market cap and now after 15 days market cap is 100 million.
Ripple now is 6 billion. I think that you have to wait more than 15 days to see Ripple at 100 billion market cap... But good luck

[vfrcbv91]

Problem with Ripple is that they're not spreading the coin, just the technology.

XRP is used in a ripple, so with the growth and spread of technology in xrp will increase the demand and therefore price.

[DreamweaverVCC]

yet the price is still dead LOL

[Mett33]

yet the price is still dead LOL

Good. Looks like that is time to start buy XRP.

[chesegrinder]

if it will really come true... both tech and the coin will have an upgrade... the most problem of the ripple is the coin it self i dont know what they really want but the technology are awesome. maybe after that ripple will rise again for about their dip... they decrease about 50%.... in that case also it is a gooid news to all ripple holder

[wenzuo]

then, will Ripple supass etereum to be the No2 crypto coin after expande to China? many people dont buy Ripple because there is little exchange list Ripple in China

[unixguy]

China already has so many cashless options.
It would be great to see how ripple makes its way.
China is much ahead in cashless than we imagine.

[styca]

Problem with Ripple is that they're not spreading the coin, just the technology.

The coin is used on the ledger, so the tech comes before the coin.
Everything I've seen points to XRP being used in the long-term. The alternatives (banks using their own coin, etc) don't make financial sense.

people are going to miss out on being rich due to this type of fud.

Yeah, I missed out  buying XRP at $.30 when someone tipped me on ANS was $.55.  I missed so much gains but still got $7.95 NEO.  I don't care about  what's in circulation vs escrow, there are $100 billion XRP total.  In order for XRP to be just $1, the real XRP marketcap would be $100 Billion.  How likely is that?!  Pretty much for XRP to be $1, it's like XRP would have to be larger than the entire crypto space.  

Are to risk money for a 4X gain that seems very unlikely?

The potential price of XRP has absolutely no relation whatsoever to current crypto marketcap. Look at the market that Ripple are going after. The money involved in international banking makes the crypto cap look tiny. If Ripple succeed, they will blow everything else out of the water.

[aoluain]

So they're announcing that they have plans to work in China. That just seems like a desperate attempt to pump some life into cripple. I am soo glad I didn't invest into this dying coin.

  Cripple  good one!
Well I am also vary happy that I got in and got out with a bit of a gain.
There have been so many threads here about Ripple this and Ripple that
I think the majority of people here know not to pay too much attention
to news about it.

[soothaa]

Ripple really seems to be the first of the token platforms with services and not being completely about the coin. The coin is more of "stock" in their company that gets them funding and buzz but does not really do much. Ripple, NEO, OMG, those 3 are really big and seem to be doing this methodology recently. I sure hope this does not become the trend because that could have a lot of downside down the road.. we have already seen the SEC get involved in the USA as it is.

[invest2lose]

people keep forgetting xrp is a LONG TERM investment. the start up company is working with banks and regulation, so a lot of it is hush hush. also, stop comparing the xrp supply with other coins. it's huge for a reason. the banking industry does TRILLIONS of transactions. this dwarfs the total crypto market.