hover the mouse to the right of the chart, will see a blue button to play it to what happened to "today". That guy charted what was going to happen 3 days ago and it did. XRP is about to break out again.
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
That's one of the biggest selling points for Ripple vs Bitcoin (not Ethereum) is that Ripple uses network consensus and Bitcoin uses Proof of Work (mining). Thus ripple is not only much energy efficient (thus cheaper), it's much faster and scales. That's why it's more conducive for banking (amongst other things). Besides the obvious things like cost (to bypass Swift and other platforms) speed is going to be important for doing banking transactions. That's where Proof of Work struggles. So Ripple is going to be better for banking that Bitcoin. It's probably a wash though with Ethereum.
In regards to Nostro. It won't mean they would have to liquidate. It just means they can be more efficient because they won't hold all the local reserves at all times. Because they can do real-time settlement with Ripple.... banks can on demand, buy the local currency in chunks so their capital is not tied up. So as opposed to have a bunch of nostro accounts, they can just exchange on demand from one nostro account and do instant transactions with the fiat currency of their choice.
@LegalMoney I'm going to find a graph that represents it because I've seen some before. Give me a sec.
Edit: Check this. Top one is current system.. a bunch of nostro accounts that need to hold all the fiat currency you'll need to do local transactions. With Ripple, you can hold one account and do instant transactions between the fiat currencies on demand. It's saving participating banks a lot of money and time for obvious reasons. Ripple plays well with other currency. Bitcoin does not.. that's why Ripple (one reason) it wins in banking. That's why I always say the real comparison is between Ripple and Ethereum.
Edit: Check this. Top one is current system.. a bunch of nostro accounts that need to hold all the fiat currency you'll need to do local transactions. With Ripple, you can hold one account and do instant transactions between the fiat currencies on demand. It's saving participating banks a lot of money and time for obvious reasons. Ripple plays well with other currency. Bitcoin does not.. that's why Ripple (one reason) it wins in banking. That's why I always say the real comparison is between Ripple and Ethereum.
I wonder how many people said the same thing about Bitcoin, if you say that you knew it would be worth over 1k, you know a hell of a lot more that most people.
Everyone SHOULD know the first rule of investing in a risky/unknown coin is to never invest anything you cant afford to loose. Not sure if you were around in the first few pages where most of us considered our odds on XRP making us rich are similar to hitting the Mega Millions. I'm enjoying the hell out of this ride, if nothing else this has opened my eyes to to a different way of investing. I've always taken the safe route 401k, mutual funds etc. Now I spend a lot of my time reading up on candle sticks, investing and if the crypto coins don't work out then I'll use this knowledge towards the stock market.
This post has been Troll free (not pointing fingers at anybody) until we crossed 100 pages, why come in talking shit if you don't own a single XRP? To everybody else, let's continue to share info and learn as much as possible from this experience.
Man here here that
Today at 15:45 PM MST I can easily sell off my entire position and walk away with my initial investment quadrupled thanks to @Pen N Pixel and I won't have no one to blame if this shit goes back down to below 50% under a penny. I'm going to ride this wave at least until I see the company peak at the goals they're trying to reach.
Bro no one was in here screaming that; they were talking the possibilities of that occurring; and people can dream if this want; and let's be real u nor anyone of us knows how or where this is going; u don't know for sure if it will or won't; no one does!!!who thought bitcoin would be worth more than gold
so i don't see the point if what you are doing...again I've been in this thread from day one and all bros that have been in here have been very realisticAnd again what's realistic? What is realism seriously? And again I've been in this thread since it started and i haven't ever got the impression that bros are being unrealistic
Again u can understand blockchain all u want; at the end of the day no one knows where this is going; and if people aren't responsible for their money then that's there fault; if anyone new in here then they need to read from the beginning of the thread; there's enough info that one if they choose can make sound decisions
Bro no one was in here screaming that; they were talking the possibilities of that occurring; and people can dream if this want; and let's be real u nor anyone of us knows how or where this is going; u don't know for sure if it will or won't; no one does!!!who thought bitcoin would be worth more than gold
That's not a reality given the float. I'm neither new to cryptocurrencies or trading. Why stop at $10.. why not $100 and a $3.7 trillion dollar market cap?
I've also been explaining to people the differences between the technologies. If you don't want a dose of reality, put me on ignore.
So you want to wildly speculate instead of trade with a little more knowledge. Stop man.... this is reminding me of the Filibuster convo we had. I'm working with more info and I'm actually sharing helpful info with you.
Nigga, I've already said I'm going to be more actively trading ripple. What's the problem? You don't people in this thread with a better understanding of the technology and market providing insight. Don't confuse realistic with negative.
You haven't explain nothing that hasn't already been explained; u haven't said nothing that plenty of articles that have been posted haven't already said; again u ain't providing no reality that hasn't been provided; u think u the only one providing reality
ok bro......Dude you missing it..and the filibuster conversation your were wrong, i just understood your point; again you aint providing no more realism than what has already been provided; I've been in this thread from day one and none of the bros that have been are being unrealistic; people gonna think what they want regardless; but there is plenty info from beginning to now that provides almost everything that one needs to make a decision; what you talking about trading realistically is already been said countless of times.....
You haven't explain nothing that hasn't already been explained; u haven't said nothing that plenty of articles that have been posted haven't already said; again u ain't providing no reality that hasn't been provided; u think u the only one providing reality
Yep. That's why LegalMoney just asked me to explain an issue w/ Nostro accounts
Willfully myopic view of politics even after explaining how a 4-month window wasn't a possibility after months of negotiating and getting bi-partisan buy in.litecoin seems to be making some moves..
shit was four dollars last week, now its over 8 bucks
shit was four dollars last week, now its over 8 bucks
Simple question bro as it relates to ripple what have you provided that was new info or that wasn't provided before?Yep. That's why LegalMoney just asked me to explain an issue w/ Nostro accounts
Call me a dreamer, a fool, a sucker, it don't matter. I'm keeping hope alive XRP reaches anything over $2. I'll be a very happy man.
About to jump in, but this is some info that I just came across.
Yep. That's why LegalMoney just asked me to explain an issue w/ Nostro accounts
I get where you are coming from and I don't have an issue with it in general. However, most if not everything you are saying has been said by myself and others earlier in the thread.
Some people are just excited and are talking shit. For those who are out of touch because they are new , they can do their on research in this thread.
You're trying to use stock market ideas while forgetting about the biggest component. Human emotions drive markets as well. Few people in the cryptocurrency world gave a fuck about xrp before this past weekend and now it's the talk of the town. People knew better and still bought into the pump this weekend.
There was also some talk of Ripple using its escrow feature and locking up some xrp , so that's another thing to factor in. To your point, xrp may never hit 100 but we really don't have a clue either way.
I went through the samething that you are going through now, so again I respect what you are trying to do.
However, maybe you can get the OP to list the positives and potential negatives in the first post. That way everyone has the opportunity to make an informed decision and no one else needs to restate everything that could go wrong or over hype.
This started as a discussion, then went to cheerleading. Now it's name calling if u ain't drink the cool aid.
Debating the counter-narrative is not hating. It's healthy.
Some of y'all get defensively agressive when it comes to info. Like Ostriches with ya head in the sand when ya scared. If you hyper emotional on this xrp mega millionaire stuff, fall back.
For the record, I been on alt coin long before this thread.
Debating the counter-narrative is not hating. It's healthy.
Some of y'all get defensively agressive when it comes to info. Like Ostriches with ya head in the sand when ya scared. If you hyper emotional on this xrp mega millionaire stuff, fall back.
For the record, I been on alt coin long before this thread.
Anyone talked about what they holding, where they moving next, pie in the ski bullshit about price targets without understanding the fundamentals of the coin is either a pumper or target.
Bet.
Bet.
leaving in BTC to trade at a later time. It sucks waiting for atransfer into polo when a pump cycleis going on. you miss all the good stuff by the time your btc makes it
Ill say it, $75 to $120 in the next year..... Watch it work....
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XRP = $75 or $120?Ill say it, $75 to $120 in the next year..... Watch it work....
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Question for the fam, how do I move my Bitcoins from my bitcoin wallet to Poloniex? then buy ripple in poloniex, than transfer to my Ripple desktop wallet?
Another day of positive growth for BGOL #TeamRipple
It would be over man. I'm sitting 7M XRP right now!!!Yea, thats what im saying, watch it work........
Ill say it, $75 to $120 in the next year..... Watch it work....
damn...I could wage war w/ chris brown and win if it hits that price
damn...you could wage war w/ a small country and win if it hits that price
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