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    Home Unlabelled Ripple Daily Ripple/XRP Discussion Thread 03/26/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 03/26/18 [Questions and Price Predictions]

    March 26, 2018

    Ripple Daily Ripple/XRP Discussion Thread 03/26/18 [Questions and Price Predictions]

    Daily Ripple/XRP Discussion Thread 03/26/18 [Questions and Price Predictions]

    Posted: 26 Mar 2018 01:15 AM PDT

    Hello! It's Monday. Welcome to our daily discussion thread. Put your commentary in here.

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    submitted by /u/AutoModerator
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    Some not-so-random thoughts on price

    Posted: 26 Mar 2018 02:22 PM PDT

    1: XRP is a speculative purchase. This is not a bad thing or a good thing, it just is. Nobody's really using it. I think they will someday. Therefore the price is not dictated by supply and demand. Certainly, speculative purchases create what demand there is, but that's not need-to-use industry demand. This is why "good news doesn't move the price" or even "drops" the price, because the price isn't usually moving rationally based on news. We all secretly know there are literally zero customers who have an innate need to purchase XRP to survive or compete - yet. So we're all in the same speculative boat trying to sell to each other.

    2: If and when industry demand fires up, XRP price will be dictated chiefly by industry usage, and not just speculation.

    3: Industry adoption will presumably start with smaller remittance institutions. People are acting like Ripple admitting that the Big Banks aren't target#1 is a bad thing. That's a good thing. The big banks are already making money. The smaller guys doing international remittance need to make ends meet. They need XRP.

    4: We're not going to decouple from Bitcoin until industry is driving price. No need to ask or request roadmaps on how we'll decouple. Right now both Bitcoin and XRP and nearly every other coin are just free-floating in a speculative market, so there's no reason not to swap freely between them. As soon as one price moves, bots swiftly move in to profit off of the spread. As soon as XRP goes up or down compared to BTC/USD/USDT/ETH/whatever, the bots probably sell to reap the fractions-of-a-cent difference, which buffers whatever difference there is between coins within minutes to hours.

    5: Whales? Yeah they're manipulating price right now but they're doing so in that free-floating context of a purely speculative market. Once industry drives demand, whales will be BTFO of the water, I assume; or they'll have to pursue other speculative coin markets, assuming that's still profitable in a post-blockchain-adoption world; or they'll become liquidity providers for the xRapid network, should that be profitable enough.

    6: This is gonna get downvoted as FUD, but I don't think it qualifies. There's no fear, uncertainty, or doubt in my mind here. If anything all of this, and Ripple's tweets and statements to this effect, solidify in my mind that this is a real project that stands a real chance of adoption, which means:

    7: The time to accumulate XRP is this year.

    submitted by /u/ILN1f8SFL
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    I pitched Ripple to my company's financial director.

    Posted: 26 Mar 2018 04:38 AM PDT

    So after I pitched the idea to my manager regarding how Ripple could help save the company millions of dollars each year in currency exchange rates through inter-company invoices he pushed me to pitching again but this time to the CFO. The company I work for Which I won't name has over 45,000 employees worldwide and is the industry leader for it's services as well as being on the dow jones and ftse 100, so this isn't a small company by any means.

    Anyway, I pitched how the company could use xVia and furthermore XRP to save them a lot of money, how transaction times for settlement would be so much faster, currently when they settle an inter-country invoice it takes 9-10 working days. I also mentioned how the company has over $45 million sitting in foreign exchange accounts and through using Ripple's products this money wouldn't need to be there, essentially freeing up $45 million to invest elsewhere in the business.

    To cut a story short, the CFO was impressed with Ripple but as soon as I used the word "CryptoCurrency" the immediate response was "It's against our regulations to use such an unregulated token for settlement." These massive corporate companies are just not interested in anything which isn't strictly regulated & controlled. Regardless of how many millions it will save them.

    This furthermore supports my argument that the G20 not issuing more regulation for Crypto's was a bad thing, especially for Ripple. We NEED regulation, Ripple's products are built into regulation, we need regulation to make the market more stable, to take out these anomalies that continue to dominate the media headlines and to show the outside world that CryptoCurrency isn't all about the dark web, selling drugs and ICO's making a quick buck from whitepapers.

    It's also important to note that I think most company boards are well aware of Blockchain and what its able to do for their businesses but they're reluctant to get involved because of the lack of regulation.

    We need a systematic push for higher regulation and a decoupling from BTC. Once we have these things, adoption will increase 10x quicker than we're seeing right now.

    submitted by /u/King_Tommm
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    Ripple (XRP) – Everything Comes After Cobalt, Including 1-second Transmissions

    Posted: 26 Mar 2018 07:11 PM PDT

    A word to the team and to the community

    Posted: 26 Mar 2018 04:09 PM PDT

    Often we come here to dissect tweets and interviews hoping to find an elusive hidden meaning. Just as often we try to predict the price of XRP. Not often enough though, we say a word of encouragement or gratitude.

    And that is what I want to do. I want to encourage the team to keep pursuing their goal, and I want to thank them for doing just that.

    There are a few projects that I'm quite passionate about. They have the potential to transform the world into what I would like it to be. Ripple is one of those projects, and I'm happy that this team is trying to bring their vision to life, as I share that same vision.

    What they have set out to do is by no means an easy task. This is one of the most ambitious endeavours in business and finance we have seen in decades, I would say. For that, this team surely already has the respect, not only from those in this sub, but also from the rest of the crypto community -even if some are competitors. If they don't, they should. Well, they sure have mine.

    Good luck to them, and to the community whose passion equals that of sports teams supporters.

    xrpthestandard

    submitted by /u/galacticrock
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    A lot of great content from Ripple recently: Consensus vs. Proof-of-Work

    Posted: 26 Mar 2018 05:35 PM PDT

    SBI loading up on XRP??

    Posted: 26 Mar 2018 05:52 PM PDT

    Today's daily Japanese volume is 1 billion yen over ripple net. Typically that's almost at 0. Im wondering if maybe SBI is starting to load up on XRP with this dip we are in. Ripples team will also be in Tokyo tomorrow, big announcement perhaps?!

    submitted by /u/MRPresidentKennedy
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    UK crypto exchange Bitlish adds support for Ripple (XRP)

    Posted: 26 Mar 2018 09:35 AM PDT

    XRP deposit, withdrawals and transfers using just text messages.

    Posted: 26 Mar 2018 06:19 AM PDT

    SWIFT - NOT a dead end.

    Posted: 26 Mar 2018 04:26 PM PDT

    When I first read that DLT was a dead end for SWIFT I was excited to learn that they had a go at it and failed, this is not the case.

    If you read the article by the author and the report from SWIFT you will see that "dead end" was a term coined by the author but according to the SWIFT report which he based his article doesn't mention that the POC was a failure, let alone a dead end.

    "Although the PoC demonstrated DLT could improve Nostro liquidity management and reconciliation processes, it also revealed that the pre-requisites will have to be met before banks can enjoy the full benefits of switching to a DLT process" - Damien Vanderveken, Head of Research and Development at SWIFT

    The POC actually proved that it worked but there were limitations, it's important to note the limitations they site were not on SWIFT's side "for instance, all account servicers would first need to migrate from batch to real-time liquidity reporting and processing, and back office applications would need to be upgraded to feed the platform with real-time updates."

    "We are already working on new PoCs and will continue our R&D efforts to ensure that SWIFT customers will be able to leverage their existing SWIFT infrastructure and connectivity to benefit from blockchain services, whether offered by SWIFT or by third parties, on a secure and trusted platform." Stephen Gilderdale, Chief Platform Officer, SWIFT.

    So unfortunately SWIFT are not out of the game yet and will not go down without a fight, they have a ton of money to throw at it but Ripple have first mover advantage and a huge head start.

    Do you research guys because there is a ton of false news out there.

    submitted by /u/imske3000
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    Let's get some optimism in here. How much XRP do you have and what's your dollar cost average at?

    Posted: 26 Mar 2018 08:48 PM PDT

    I've been slowly accumulating XRP since December. Being restricted to instant purchase limits in the process I've managed to gather 1445 XRP with a dollar cost average of $1.04. I told myself I'd stop at 1400 XRP but now I'm telling myself I'll stop at $1.00 cost average. What an addicting game this is.

    submitted by /u/KingByDesign
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    This is what we're dealing with as a Ripple community... *Facepalm*

    Posted: 26 Mar 2018 07:25 AM PDT

    Just bought $50AUD Of Ripple and this is my first investment over ever made in anything. Mate made fun of me for such a small investment. What was your first?

    Posted: 25 Mar 2018 09:56 PM PDT

    Feel a bit embarrassed, but I've never invested in anything before and I get pretty worried a lot. I've done a bit of research and I'm happy to invest in Ripple but not a massive amount. I wanted to start with $50 just to get a feel for the process of actually buying and transferring to wallets, etc. Over the next few fortnight's, I'm thinking about maybe investing $100 per fortnight. Apparently most people start with $500-1000 investments but I'm just not ready to commit to that at the moment. Is there anyone else here that makes small investments?

    submitted by /u/Rhllor_Lordoflight
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    Huobi news for USA. Beware that Huobi is a big market maker for XRP

    Posted: 26 Mar 2018 05:39 AM PDT

    Trying to figure out how much good news Ripple needs to make a move? Am I missing something?

    Posted: 26 Mar 2018 01:53 AM PDT

    Vote for Official XRP Hardware Wallet. David Schwartz, Brad Garlinghouse, and a bunch of people at Ripple are tagged. Let's get them to hear our voice.

    Posted: 26 Mar 2018 09:00 PM PDT

    Update Website: The Zerpening Watch v3.5

    Posted: 26 Mar 2018 07:23 AM PDT

    Hey guys :)

     

    Today I updated my website to version 3.5

     

    Changelog:

    • Added the Google Trends chart (compare with btc and eth)
    • Added FAQ section
    • Other small fixes

     

    URL: https://www.zerpening.info

     

    (XRP Info, XRP Charts, XRP Partners, XRP Live Transactions and FAQ)

    xrpthestandard

    submitted by /u/ShadyCallandt
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    Twitter bans cryptocurrency advertising, joining other tech giants in crackdown

    Posted: 26 Mar 2018 09:51 AM PDT

    Just took $25,000 loan to buy Ripple! I believe :D

    Posted: 26 Mar 2018 07:30 PM PDT

    Some may call me stupid, but I don't want to miss the bull run I believe is coming. Either way, this is going to be life changing. What do you guys reckon?

    submitted by /u/imocrypto
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    If Microsoft Can Hit $1t Marketcap, Then So Can Ripple

    Posted: 26 Mar 2018 02:42 PM PDT

    Providing Fuel (XRP And Oil)

    Posted: 26 Mar 2018 05:56 AM PDT

    Look how popular Wechat is in China.. if Ripple partners with them thats all we need for >$50 xrp

    Posted: 26 Mar 2018 06:59 AM PDT

    Ripple & Western Union Collaboration Is Big For XRP

    Posted: 26 Mar 2018 07:39 AM PDT

    Easiest way to buy into Ripple for a beginner!

    Posted: 26 Mar 2018 08:37 AM PDT
    Read more
    at

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