The thing is that I think people are misunderstanding what they're saying. Ripple literally couldn't make them use XRP if they wanted to.
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The thing is that I think people are misunderstanding what they're saying. Ripple literally couldn't make them use XRP if they wanted to.
Yeah. That would be major because XRP as a liquidity outlet for Ripple (the company) would mean much less.
That would be a 100B market cap which might not be out of the question with the way the market is going and if they execute.
And I think Bitcoin should be a lesson to everyone that is the coin/network is good, the real money is holding long term (if you can afford it).
If the issue is liquidity what's more liquid than one central token? Man this is the banks major play but of course they are greedy and he is trying to convince them that their same greed to create their own coins will be their undoing in this battle against bitcoin. XRP will be their leg to stand on. If the banks were to make their own coins it only makes the exchange and volatility issue worse. He is saying for example to Chase who already uses ETH , hey use our Ripple network that will even work with ETH, however if you use XRP you will save more money.
Once the banks get in full swing the market cap on XRP is going to pass BTC. What do you think is going to happen to he price of XRP then? I am a patient person I will wait with a pocket full of XRP if it don't pan out I will still sell at a profit zero harm done.
I agree, you can day trade and flip some assets but just like any good stock, the play is to hold.
Not liquidity for the banks... liquidity for Ripple (the company). Coins are a way for companies to raise capital. So instead of raising VC, PE, or doing an IPO, Ripple (the company) can raise money by selling some of their XRP holdings. It's the best of every world for them.
If you weren't selling 3 weeks ago when it was .45, you shouldn't be considering it here. It's not a coincidence that a lot of people who made the most from BTC just purchased and walked away (some even forgot about the coins they purchased). It's human nature to panic and it makes you do irrational shit like buy when the price is rising (fearing of missing out) and sell when the price is dropping (fear of losing) when you should be in most cases doing the opposite.
got damn everything is fucking tanking
You mad? You shouldn't be, as an investor you should relish it.
i'm just waiting for the price drop...however, If i had hit a million, i would be mad i didnt cash out at $0.41
this might be a trap to get people to sell then the whales (banks) scoop up the cheap Ripple
welp its settled still a long hold on xrp just the projections are lower than expected.... we all still made great profits so no love lost....
lets keep talking next coins to focus on... i dont want to get stuck i 'what if' land with xrp.... thats why we need that telegram chat...
atleast we all need to have some bitcoins on deck.....
i still need xrp to hit $40 so i can hit that milli status so thats my fantasy visualization projection lol a dollar is cool tho...
lets keep talking next coins to focus on... i dont want to get stuck i 'what if' land with xrp.... thats why we need that telegram chat...
atleast we all need to have some bitcoins on deck.....
i still need xrp to hit $40 so i can hit that milli status so thats my fantasy visualization projection lol a dollar is cool tho...
No I'm not mad at all I just spoke with an expletive
good stuff. I branched out a long time ago. I have 13 different coins in my portfolio. I feel much better about the Ripple I sold @$0.38. I sold nearly half and stacked up on my other coinsfwiw since reading your comments from our last "discourse" I've metered my expectations and have expanded my investments from 2 coins to 6 (w/ a goal of @ least 10) to give myself a more realistic shot @ reaching an early retirement so please believe I value all opinions
I'm going to sell some.The reason being that most of Ripple's perceived value is the banks adopting it. There is just too many for it to hold much value otherwise. IMO.
Yes on to the next one, DIGIBYTE!! Which I'm in fucking love with
yessir
This is exactly what I did. I used my XRP earnings to fund my other coins. However, I am reinvesting in XRP as well slowly but surely.
I have as much Digi as I have Xrp.
Gonna hope that's a lot. I know you 49ers fans don't make good decisions lol
I'm on the fence on whether I'm a fan of the 49ers I'm a Kap fan.
I apologize for not having the link but I saw where Ripple employees were loading up on XRP. One employee said his wife is upset that he spends all his money on XRP. Now this news was prior to the comments made by Ripple to stir everyone up but, those employees ain't trying to fund their own projects with their paycheck. Take it for what its worth.
man i am at nearly 200k DGB. I hope they do something with Minecraft! I am gonna take my profits with all these coins except STR XRP SC and DOGE. I am holding them because I got them when they were on double digit for price...I think one of them may have been at 0.0016
I think its a trap. Worst case, it would have to fall back to 0.00000650 before i lose money. Let these guys sell. When it hits 0.0900 I will cop a boatload
I am currently scouting another coin that's a must have.
We need to get the team together quickly stuff is moving fast.
Again, that's not what I got from this article. They lead us to a totally different road
http://www.huffingtonpost.com/entry...le-than-you-think_us_591cb3bee4b0b28a33f62915
There were some articles floating around talking about how there would be a real correction when people realized this. I was going to post them but last time I posted stuff people really didn't like it. I'm an information-sharer. It's not personal to me it's just information to make more informed decision.
I have way too much DGB. I think the Minecraft thing was really exaggerated (from what I'm reading it's just one server and not total integration). However, them pitching Digusign to apple, microsoft, google, etc in a couple of weeks is MAJOR...any adoption there would be a huge driver.
Which coin? and I agree, we can't get going soon enough
Most of these writers have never even owned bitcoin. They have no idea how any of this works
He wrote"
"Ripple isn’t creating any other cryptocurrencies or proprietary coins for banks. XRP is it. That means that Ripple success directly equals XRP success."
I just told you that technically it doesn't matter what Ripple does. Banks can do what they want on the blockchain What the author wrote from not understanding the technology is what is causing you the problem.
And that does not mean Ripple directly equals XRP's success. It will probably be a lagging indicator but they're mutually exclusive. He just doesn't understand it (and he didn't quote Ripple. that's what he extrapolated from the conversation).
The author misled you. Ripple didn't.
On this part, he's just making a sales pitch for XRP but that doesn't mean the market has to adopt it
"We asked Thomas how banks will solve this. He said it’s simple: they’ll just use a liquidity provider (read: volatility lessening service), and it makes sense. The liquidity provider will assume the risk of market swings while the tokens are in transit and sometimes they’ll come out ahead and sometimes they come out behind."
Why even do that when you can use your own tokens? I don't see a real hard case for using a liquidity provider when you can just avoid the liquidity problem altogether and use your own token and interact in and out with your own fiat. You get the value of Ripple without the volatility of the coin market. That's just my opinion.
"We’ve heard from sources that regulators themselves are behind-the-scenes pushing for big banks to adopt XRP. The regulators are asking banks to adopt XRP"
This is the only article that says that and the author is likely just fabricating this. I woudl take it with a grain of salt. (xrp vs ripple)
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Had to sell my Siacoin on Polo because they won't let me move the shit smh. Made a few bucks just so I can try to move the bitcoin to Bittrex to buy more sia smh. At this point I might just keep the bitcoin and move it to my other wallet tomorrow since I have hit the limit on polo today. All these hurdles fuckin Polo. That's ok though sunday I get money to invest and BTC is going up anyway so screw it.
What's good with the team? I'm down for some collaboration!
And shout out to everyone who bought Syscoin like I advised two weeks ago.
That jawn is actually being used and is partnered with Microsoft azure. I was wondering when it was gonna pump.
Got a shit load of that and Nav which is up soon too.
And shout out to everyone who bought Syscoin like I advised two weeks ago.
That jawn is actually being used and is partnered with Microsoft azure. I was wondering when it was gonna pump.
Got a shit load of that and Nav which is up soon too.
You don't need to explain anymore. You've done enough. You've made the separation clear.
Although Ripple’s marketing material refers to the blockchain it does not use blockchain technology, rather its own version of a distributed ledger protocol, ILP. Ripple’s value add is its the only open source decentralized payment system that complies with the global banking systems regulations, privacy and need for transaction processing speed.
The company defines it this way: “Ripple’s solution is built around an open, neutral protocol (Interledger Protocol or ILP) to power payments across different ledgers and networks globally. It offers a cryptographically secure end-to-end payment flow with transaction immutability and information redundancy. Architected to fit within a bank’s existing infrastructure, Ripple is designed to comply with risk, privacy and compliance requirements.”
http://www.bitcoinisle.com/2017/05/...lockchain-or-fat-cat-venture-capital-rip-off/
The problem I think people have besides the fact they've invested into it is, it seems that Ripple is being wishy washy with XRP. One minute it seems they going all out, the next it seems like it's on the back burner.
It's just a dead zone
Can't trust them so we don't know what's what or how it's going to be so I'm just holding.
At this point it doesn't need to do anything and I've made a lot of money.
So it's just that there is reason to see it could not be integral and also in their best interest to lie so they can own all of the value lol
Have any of you went thru the Tier 3 verification on Kraken? They seem to need specific Resolutions for photos.
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