Why is Ripple price going mad right now?

[kashish948]

Ripple's price has increased 5X in almost a month or two. Can't seem to find any real reason for this! Does anyone know?

[TaunSew]

Another Aurora coin.  The "available supply" is deceiving as it actually isn't available, that amount is mostly held by Ripple employees who signed lockup agreements preventing them from selling for several years.   The end result is only a miniscule amount of Ripple is actually put up for sale and there's a bidding war for what little available Ripple there is.

[hypostatization]

I have seen a lot of positive developments over the last few months.

• Earthport partnership
• Fidor bank
• CBW Bank + Cross River Bank
• Astropay Intrabank network
• Shift Payments Card
• SnapSwap SmartyCard
• Noted in NACHA Future of Corporate Payments white paper
• GBI Gateway - and many others
• Codius smart programs/contracts

I do not think anyone can say with certainty what is moving the price, but I would assume that at least part of it relates to the above.

[wickedgoodtrader]

Another Aurora coin.  The "available supply" is deceiving as it actually isn't available, that amount is mostly held by Ripple employees who signed lockup agreements preventing them from selling for several years.   The end result is only a miniscule amount of Ripple is actually put up for sale and there's a bidding war for what little available Ripple there is.

This type of stuff can build a perfect storm. Especially when new developments are being made and more gateways being added. I'm very bullish ripple over the next couple years.

[flipme]

The RIPPLE coin is a welcome gift for the financial industry.
The coin value is irrelevant for the ledger.

But why not fill it with value?
It comes for free, and any institution using it has the opportunity to make a market, starting from almost zero.
Its a dream come true for the industry players involved. They will make a killing.

Its the only system suitable for a transformation of the crumbling fiat network.
The walls are coming down just, the bottom is falling out.
For real world applications, any other coin, including Bitcoin of course, is completely useless as a transactional system.
RIPPLE is here, it works, and its being adopted. It delivers. Anything else is just toys.

It'll be bigger than Bitcoin ever was, and it will happen very fast now.
Its THE NEW MONEY. Get used to it, don't miss the opportunity.

[BitcoiNaked]

Another Aurora coin.  The "available supply" is deceiving as it actually isn't available, that amount is mostly held by Ripple employees who signed lockup agreements preventing them from selling for several years.   The end result is only a miniscule amount of Ripple is actually put up for sale and there's a bidding war for what little available Ripple there is.

Look at your trust gtfo of here trolling mfer

[HCLivess]

The RIPPLE coin is a welcome gift for the financial industry.
The coin value is irrelevant for the ledger.

But why not fill it with value?
It comes for free, and any institution using it has the opportunity to make a market, starting from almost zero.
Its a dream come true for the industry players involved. They will make a killing.

Its the only system suitable for a transformation of the crumbling fiat network.
The walls are coming down just, the bottom is falling out.
For real world applications, any other coin, including Bitcoin of course, is completely useless as a transactional system.
RIPPLE is here, it works, and its being adopted. It delivers. Anything else is just toys.

It'll be bigger than Bitcoin ever was, and it will happen very fast now.
Its THE NEW MONEY. Get used to it, don't miss the opportunity.

certainly will keep an eye on it and possibly buy on the correction. glad at least one coin started making it out.

[NeuroticFish]

It has features, it has good commercials, it has a good chance.
You drew my attention too with it.

I still have to do more research whether this is a scam/bubble or a really full-featured coin that deserves its share.

[tokeweed]

Just some of the VC's that are invested in Ripple.  They obviously love Ripple enough to invest in it, so I don't get why some people are not giving it a chance.



Andreessen Horowitz



Andreessen Horowitz is a Silicon Valley-based venture capital firm with $2.7 billion under management. The firm invests in entrepreneurs building companies at every stage – from seed to growth.



The Bitcoin Opportunity Fund



The Bitcoin Opportunity Fund is managed by Barry Silbert, the founder of SecondMarket and the Bitcoin Investment Trust. The fund invests in bitcoin and other math-based currency companies, including Gyft, Coinbase and Tradehill, among others.



Google Ventures



Google Ventures is a radically different kind of venture-capital fund. The Google Ventures design, marketing, recruiting, and engineering teams work full-time with portfolio companies. Google Ventures also offers Startup Lab, a dedicated facility and educational program where companies can meet, learn, work, and share.

Google Ventures will invest over $1B in the next five years. Founded in 2009, the firm has invested in over 200 companies, including Uber, Nest, Kabam, HomeAway, Parse, ngmoco, and RetailMeNot. Google Ventures is headquartered in Mountain View, Calif., with offices in Seattle, New York, and Cambridge, Mass.



IDG Technology Venture Investment Fund



IDG Technology Venture Investment Fund is managed by IDG Capital Partners, which, as a leading China-related investment team, was among the first to introduce foreign venture capital investment into China in early 1990’s. Since then the funds under its management have invested in around 300 diverse and successful portfolios, such as Baidu, Sohu, Tencent, Soufun, Ctrip, Tudou, Qihu360, Home Inns, Hanting and Kanghui. Over 70 portfolios have successfully completed IPO or M&A.



Lightspeed Venture Partners



Lightspeed Venture Partners is a leading venture capital firm with over $2 billion of committed capital under management and investment professionals and advisors in Silicon Valley, India, Israel and China with Lightspeed China Partners. Over the past two decades, Lightspeed partners have backed more than 200 consumer, enterprise and cleantech companies, many of which have become leaders in their respective markets, including Blue Nile, Brocade, Ciena, DoubleClick, eHealth, Flixster, Fusion-io, Informatica, Kosmix, LivingSocial, Lucky Pai, Nicira, Playdom, Pliant Technology, Provigent, Riverbed Technology, Solazyme, TutorVista, Virsa Systems, Waveset, and XtremIO.



source:  https://www.ripplelabs.com/investors/

[flipme]

Any news concerning a Fortune 500 company clearing its business on RIPPLE will send this to - the Fortune 500.

[Penny Pincher XPP]

Just like a stock I see Ripple bringing in truck loads of cash!

[Boxxl]

Ripple has more Volume in 24 hours

Ripple:        $ 5,515,910
Litecoin:     $ 4,910,850   

Ripple Trade Japan's JPY reaches higher volumes than @Bitstamp's USD.

[God27]

Ripple has more Volume in 24 hours

Ripple:        $ 5,515,910
Litecoin:     $ 4,910,850   

Ripple Trade Japan's JPY reaches higher volumes than @Bitstamp's USD.

Russia is next through Fidor Bank....

[Yurizhai]

2015, the year of Bitcoin's fall and competition finally making a dent.

[hypostatization]

CrossCoin Ventures startup accelerator is worth checking out if you are a dev or entrepreneur.

Creating something of lasting value is the best path to profit. Up to $50K USD in XRP is available for assistance funding your startup.

Note that both LibraTax and Coinist include focus beyond just the Ripple ecosystem. Saldo.mx offers realtime microremittances. All Crosscoin.

Edit: a general bounties program also exists that offers payouts in XRP, Bitcoin, Mastercoin, or USD. Bug bounties info is available separately here.

[BitCoinNutJob]

Ripple's price has increased 5X in almost a month or two. Can't seem to find any real reason for this! Does anyone know?

Welcome to the crazy swings of digital currencies, its been a good run for ripple for sure, get ready for the dump train and nobody talking about it for several months at some point soonish.

[kekek]

2015, the ending of the crypto fad

ftfy

[ParabellumLite]

Ripple's price has increased 5X in almost a month or two. Can't seem to find any real reason for this! Does anyone know?

Welcome to the crazy swings of digital currencies, its been a good run for ripple for sure, get ready for the dump train and nobody talking about it for several months at some point soonish.

Such certainty you show there. Reminds me of the certainty demonstrated by the persons calling many false bottoms and predicting uptrends during a long term bear market. But please stay in your blissful ignorance: you will probably be kicking yourself in a few months . Bitcoin will likely empty in an accelerated pace during the next few months.

[Denker]

Ripple's price has increased 5X in almost a month or two. Can't seem to find any real reason for this! Does anyone know?

Welcome to the crazy swings of digital currencies, its been a good run for ripple for sure, get ready for the dump train and nobody talking about it for several months at some point soonish.

Such certainty you show there. Reminds me of the certainty demonstrated by the persons calling many false bottoms and predicting uptrends during a long term bear market. But please stay in your blissful ignorance: you will probably be kicking yourself in a few months . Bitcoin will likely empty in an accelerated pace during the next few months.

 

[ParabellumLite]

Ripple's price has increased 5X in almost a month or two. Can't seem to find any real reason for this! Does anyone know?

Welcome to the crazy swings of digital currencies, its been a good run for ripple for sure, get ready for the dump train and nobody talking about it for several months at some point soonish.

Such certainty you show there. Reminds me of the certainty demonstrated by the persons calling many false bottoms and predicting uptrends during a long term bear market. But please stay in your blissful ignorance: you will probably be kicking yourself in a few months . Bitcoin will likely empty in an accelerated pace during the next few months.

 

What are you thinking about, Denker . I hope you didn't invest in Bitcoin recently as that was a bad move to start out with. If you want to invest in Bitcoin that's all fine by me, but at least wait until the next drop is over.