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Author Topic: XRP demand liquidity  (Read 239 times)
Nnuego (OP)
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November 15, 2019, 09:54:06 PM
 #1

According to CoinNess.com about 37 companies are now utilizing XRP, either as a way to accept payment or to power international remittance. What are we to expect from XRM with such development comes next year via her price. Do you think the next altcoin season will be bullish for top altcoin cos they are yet to unfold their plans

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November 15, 2019, 10:56:40 PM
 #2

According to CoinNess.com about 37 companies are now utilizing XRP, either as a way to accept payment or to power international remittance. What are we to expect from XRM with such development comes next year via her price.
Is it the XRP that will be used as payment or it's the technology which is Xrapid?
Do you think the next altcoin season will be bullish for top altcoin cos they are yet to unfold their plans
Yes, it's very likely. We have the actual scene before when the market has been bullish for bitcoin and in return, the bullishness of bitcoin was also transferred to major altcoins. Actually, it was almost to the majority.

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Nnuego (OP)
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November 16, 2019, 12:05:43 AM
 #3

According to CoinNess.com about 37 companies are now utilizing XRP, either as a way to accept payment or to power international remittance. What are we to expect from XRM with such development comes next year via her price.
Is it the XRP that will be used as payment or it's the technology which is Xrapid?
Ripple says 24 companies are specifically adopting Ripple's XRP-based cross-border payments platform called on-Demand liquidity (ODL), formerly known as XRapid

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November 16, 2019, 03:35:05 AM
 #4

XRP is indeed very suitable if used as a means of payment, in contrast to XRM, even though XRM actually can, it's just that the context will be different.
if XRM might be suitable if used for large transactions and also both require privacy.
for the market to be bullish or not it is difficult to predict, because as we have seen, even today's market has not recovered from August until now.
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November 16, 2019, 08:15:38 AM
 #5

Please clarify the writing error for XRP or XRM coins.
The purpose of developing XRP is indeed as an international money transfer transaction tool, if at present there are 37 companies that have used it I think that is good news and shows the success and trust in this project. I'm still optimistic that it's not just the altcoin season, but crypto will shine
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November 16, 2019, 03:26:26 PM
 #6

Many of Ripple's partner financial institutions are using xCurrent not related to XRP. That means the large partnership with many banks is very good, the company is very successful, but does not mean that XRP is accepted and used.

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November 16, 2019, 04:35:37 PM
 #7

At every possible occasion I repeat that XRP is a speculation tool and a money making machine for banksters. Let no one invest in it in the long term, because they can increase their total supply several times at any moment and the price will fall to the bottom! Forget about XRP.

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November 16, 2019, 04:58:03 PM
 #8

At every possible occasion I repeat that XRP is a speculation tool and a money making machine for banksters. Let no one invest in it in the long term, because they can increase their total supply several times at any moment and the price will fall to the bottom! Forget about XRP.

Yes I don't know when will users realize that XRP was created by the bankers and we should just look back at first quarter of 2018 and learn the lesson as no matter what the value of XRP stands at, but the developers can being it down by pouring more supplies in the market and we should not be investing into Ripple and only greedy person who is here just to make money on short term may invest into Ripple when the price increases. I have pledged not to invest into it as it's against the basic idea of crypto currency.

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November 16, 2019, 05:26:20 PM
 #9

At every possible occasion I repeat that XRP is a speculation tool and a money making machine for banksters. Let no one invest in it in the long term, because they can increase their total supply several times at any moment and the price will fall to the bottom! Forget about XRP.

Yes I don't know when will users realize that XRP was created by the bankers and we should just look back at first quarter of 2018 and learn the lesson as no matter what the value of XRP stands at, but the developers can being it down by pouring more supplies in the market and we should not be investing into Ripple and only greedy person who is here just to make money on short term may invest into Ripple when the price increases. I have pledged not to invest into it as it's against the basic idea of crypto currency.

For me, just calling XRP a cryptocurrency is a mistake. I admit that sometimes I use XRP but only to withdraw funds from exchanges, because they often have the lowest fees for withdrawals. This is the only plus of this currency, although Litecoin is becoming competitive, so if someone has to use XRP because of the fee, then check LTC first, because it may turn out to be the same amount, and if it is not possible, then immediately after withdrawal change XRP for any REAL cryptocurrency.

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November 16, 2019, 05:34:15 PM
 #10

For me, just calling XRP a cryptocurrency is a mistake. I admit that sometimes I use XRP but only to withdraw funds from exchanges, because they often have the lowest fees for withdrawals. This is the only plus of this currency, although Litecoin is becoming competitive, so if someone has to use XRP because of the fee, then check LTC first, because it may turn out to be the same amount, and if it is not possible, then immediately after withdrawal change XRP for any REAL cryptocurrency.

I tried that while ago, just to know what i would be dealing with and yeah it worked on that, but i am rather using ltc for those just because i believe in decentralization more. And because ltc is on everywhere, probably would use nano as well for transferring between exchanges, if there were more listings for that.

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November 16, 2019, 05:34:26 PM
 #11

At every possible occasion I repeat that XRP is a speculation tool and a money making machine for banksters. Let no one invest in it in the long term, because they can increase their total supply several times at any moment and the price will fall to the bottom! Forget about XRP.

Yes I don't know when will users realize that XRP was created by the bankers and we should just look back at first quarter of 2018 and learn the lesson as no matter what the value of XRP stands at, but the developers can being it down by pouring more supplies in the market and we should not be investing into Ripple and only greedy person who is here just to make money on short term may invest into Ripple when the price increases. I have pledged not to invest into it as it's against the basic idea of crypto currency.

For me, just calling XRP a cryptocurrency is a mistake. I admit that sometimes I use XRP but only to withdraw funds from exchanges, because they often have the lowest fees for withdrawals. This is the only plus of this currency, although Litecoin is becoming competitive, so if someone has to use XRP because of the fee, then check LTC first, because it may turn out to be the same amount, and if it is not possible, then immediately after withdrawal change XRP for any REAL cryptocurrency.

that is exactly what traders are doing. i'm not sure if they are doing it but if they can save this much by using xrp for withdrawal fees, arbitrage could be very profitable for them.  if the price of xrp though is going to rise as expected by people who had been praying for bullrun, the transaction fee could also rise a bit as well. XRP is sure going to also be pumped when the bulls take over as its one top coin, the only problem with xrp is that is not a perfect coin as garlinghouse claim and being centralize as a feature ain't helpful for the trust.











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November 16, 2019, 06:37:32 PM
 #12

Well if those 37 companies mentioned will really use XRP as a mode of payment or transfer then there's a possibility to increase its demand that will push the price but I'm not a fan of XRP because its a centralized coin so I'm not planning to hold XRP for long-term goal though I usually use it for withdrawing from exchange since it has lower fees and fast transaction.

 
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November 16, 2019, 06:47:24 PM
 #13

According to CoinNess.com about 37 companies are now utilizing XRP, either as a way to accept payment or to power international remittance. What are we to expect from XRM with such development comes next year via her price. Do you think the next altcoin season will be bullish for top altcoin cos they are yet to unfold their plans
I think this will come soon, as XRP is a fairly comprehensive business and a very prestigious business to its investors and partners.
This is really a reliable bank and as capitalization grows, XRP will also benefit a lot from the trust of the community of holders. do you think so ?

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November 16, 2019, 07:20:49 PM
 #14

Every coin demands liquidity to grow and come up despite what it maybe so I think XRP requires it too as the more liquidity, the more growth.

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November 16, 2019, 07:36:03 PM
 #15

altcoin season
What is it with this phrase 'altcoin season' being used over and over again?  It's getting annoying, because it's obvious people are just parroting some meaningless phrase they've read somewhere. 

Screw ripple, I'd never own it even if all the corporations in the world took it as payment.  If I was gifted it for christmas, I'd sell it for bitcoin.  If it fails, I'll tapdance down the highway.  Does that summarize my feelings toward ripple?  I don't think I can be any more clear.

Well if those 37 companies mentioned will really use XRP as a mode of payment or transfer then there's a possibility to increase its demand that will push the price
Not likely as long as those companies also accept fiat.  Nobody in their right mind would choose ripple over fiat to make a purchase.  That also holds true for any cryptocurrency, which is why they don't tend to get spent on goods and services.  It doesn't matter how many companies accept ripple, it's still a shit coin.
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November 17, 2019, 10:41:36 AM
 #16

At every possible occasion I repeat that XRP is a speculation tool and a money making machine for banksters. Let no one invest in it in the long term, because they can increase their total supply several times at any moment and the price will fall to the bottom! Forget about XRP.

Yes I don't know when will users realize that XRP was created by the bankers and we should just look back at first quarter of 2018 and learn the lesson as no matter what the value of XRP stands at, but the developers can being it down by pouring more supplies in the market and we should not be investing into Ripple and only greedy person who is here just to make money on short term may invest into Ripple when the price increases. I have pledged not to invest into it as it's against the basic idea of crypto currency.

For me, just calling XRP a cryptocurrency is a mistake. I admit that sometimes I use XRP but only to withdraw funds from exchanges, because they often have the lowest fees for withdrawals. This is the only plus of this currency, although Litecoin is becoming competitive, so if someone has to use XRP because of the fee, then check LTC first, because it may turn out to be the same amount, and if it is not possible, then immediately after withdrawal change XRP for any REAL cryptocurrency.

that is exactly what traders are doing. i'm not sure if they are doing it but if they can save this much by using xrp for withdrawal fees, arbitrage could be very profitable for them.  if the price of xrp though is going to rise as expected by people who had been praying for bullrun, the transaction fee could also rise a bit as well. XRP is sure going to also be pumped when the bulls take over as its one top coin, the only problem with xrp is that is not a perfect coin as garlinghouse claim and being centralize as a feature ain't helpful for the trust.


To tell you the truth, I don't know how and who sets the fees for transfers and withdrawals in XRP, so I don't know if it will change in the case of a pump. However, certainly all XRP price movements are controlled by developers - i.e. banks, so whatever happens, they will not lose on it, customers will lose, i.e. XRP owners.

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November 17, 2019, 10:50:15 AM
 #17

Despite of the hate, XRP is still a good coin and we can’t stop those companies to use XRP technology because they are using it very well and they benefited on that. The altcoins demand will increase again on next bull, we need to wait and hopefully not just XRP to enjoy those companies, i hope more coins to be use on real businesses so we can start the mass adoption.

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November 17, 2019, 11:20:29 AM
 #18

At every possible occasion I repeat that XRP is a speculation tool and a money making machine for banksters. Let no one invest in it in the long term, because they can increase their total supply several times at any moment and the price will fall to the bottom! Forget about XRP.

Yes I don't know when will users realize that XRP was created by the bankers and we should just look back at first quarter of 2018 and learn the lesson as no matter what the value of XRP stands at, but the developers can being it down by pouring more supplies in the market and we should not be investing into Ripple and only greedy person who is here just to make money on short term may invest into Ripple when the price increases. I have pledged not to invest into it as it's against the basic idea of crypto currency.

For me, just calling XRP a cryptocurrency is a mistake. I admit that sometimes I use XRP but only to withdraw funds from exchanges, because they often have the lowest fees for withdrawals. This is the only plus of this currency, although Litecoin is becoming competitive, so if someone has to use XRP because of the fee, then check LTC first, because it may turn out to be the same amount, and if it is not possible, then immediately after withdrawal change XRP for any REAL cryptocurrency.

that is exactly what traders are doing. i'm not sure if they are doing it but if they can save this much by using xrp for withdrawal fees, arbitrage could be very profitable for them.  if the price of xrp though is going to rise as expected by people who had been praying for bullrun, the transaction fee could also rise a bit as well. XRP is sure going to also be pumped when the bulls take over as its one top coin, the only problem with xrp is that is not a perfect coin as garlinghouse claim and being centralize as a feature ain't helpful for the trust.


To tell you the truth, I don't know how and who sets the fees for transfers and withdrawals in XRP, so I don't know if it will change in the case of a pump. However, certainly all XRP price movements are controlled by developers - i.e. banks, so whatever happens, they will not lose on it, customers will lose, i.e. XRP owners.


That a prerogative of a business owner who kept their system stable and gainful opportunity to people. They shouldn't lose their chain of finances to sustain a strong marketing. Customers only lose because of panic, and wrong choices which fails in the midst of their holdings. Although the price was controlled by developers, I am still hopeful that xrp would come to a point that it reach an outstanding value that will satisfy our motivations in gaining profits.

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November 17, 2019, 11:24:54 AM
 #19

According to CoinNess.com about 37 companies are now utilizing XRP, either as a way to accept payment or to power international remittance. What are we to expect from XRM with such development comes next year via her price. Do you think the next altcoin season will be bullish for top altcoin cos they are yet to unfold their plans

While you're getting all bullish and all, don't forget XRP team is always ready to sell their heavy bags to noobs. In 2019 alone, XRP has sold more than $250 Million worth of XRP! . And there's no telling how much they would sell in a bullish run. I don't have any doubt about XRP making a run but I doubt it'll be as huge as people are speculating it to be.

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November 17, 2019, 11:44:21 AM
 #20

According to CoinNess.com about 37 companies are now utilizing XRP, either as a way to accept payment or to power international remittance. What are we to expect from XRM with such development comes next year via her price. Do you think the next altcoin season will be bullish for top altcoin cos they are yet to unfold their plans

While you're getting all bullish and all, don't forget XRP team is always ready to sell their heavy bags to noobs. In 2019 alone, XRP has sold more than $250 Million worth of XRP! . And there's no telling how much they would sell in a bullish run. I don't have any doubt about XRP making a run but I doubt it'll be as huge as people are speculating it to be.

Agree, one of the factors why the price of XRP is still stagnant and perhaps one of the factors of the drastic drop in prices from $ 3 to $ 0.26 is the large ownership of coins from the founders. XRP may be a coin that has great liquidity but in my opinion if an altseason occurs, the price spike will not be as big as 2017
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