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    Home Unlabelled Ripple Daily Ripple/XRP Discussion Thread 03/27/18 [Questions and Price Predictions]

    Ripple Daily Ripple/XRP Discussion Thread 03/27/18 [Questions and Price Predictions]

    March 27, 2018

    Ripple Daily Ripple/XRP Discussion Thread 03/27/18 [Questions and Price Predictions]

    Daily Ripple/XRP Discussion Thread 03/27/18 [Questions and Price Predictions]

    Posted: 27 Mar 2018 01:12 AM PDT

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

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    Ripple(XRP) to be available in more than 8,000 stores in South Korea

    Posted: 27 Mar 2018 06:42 AM PDT

    Ripple Gives $29 Million in XRP to DonorsChoose.org

    Posted: 27 Mar 2018 09:05 PM PDT

    @Ripple: "The web has a business model that is broken. Ads are annoying. Paying directly is better. #ILP makes it possible. You can use it today." - @justmoon during his keynote at #slushtokyo18 https://t.co/6UE9BxP4AE

    Posted: 27 Mar 2018 06:49 PM PDT

    Ripple Price Analysis - Continued banking adoption.

    Posted: 27 Mar 2018 07:54 PM PDT

    CBOE Urges SEC To Move Ahead In Approving Cryptocurrency ETFS

    Posted: 27 Mar 2018 05:07 AM PDT

    BearWhale Update Thread 3/27

    Posted: 27 Mar 2018 04:51 PM PDT

    Probably the most interestong news to me in the past few weeks was about the ledger of the mysterious BearWhale who was selling off at an rapid rate and was to be expected to hit 0 within the next few days.

    Can we get an update? @ knowledgable Ripple researchers <3

    Also since that one reddit Ripple dude kinda predicted wacky dates that correlate for these times. Just thought it was interesting.

    But I think the BearWhale news is more important than seeing good news atm since the market and Bitcoin are really pushing the market down.

    Though if the Whale is Solely responsible for influencing a low Ripple price than normal, we should follow that with all our resources!

    Just what I think! Thoughts?

    submitted by /u/tag654
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    @Ripple: Thanks to all who came to opening night at #slushtokyo18 with @SlushTokyo. We're excited to kick off this week's events with a keynote from @justmoon and a workshop with @JoelKatz. https://t.co/20QdLp9NL2

    Posted: 27 Mar 2018 08:11 AM PDT

    just a random question: I'm the only one that is loading up in cheap Ripple? or is everyone just holding what they got

    Posted: 27 Mar 2018 01:43 PM PDT

    maybe because I got in before when the price was 0.06 and saw the price go over 3.5 (and hold it) or maybe is that I believe in the technology and makes me buy a really undervalued coin now that is cheap.

    submitted by /u/ifeliz
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    DeVere to give away free Ripple coins in exchange for sign-ups

    Posted: 27 Mar 2018 07:45 AM PDT

    Ripple XRP listed on Wazirx. Although they don't have much liquidity at the moment, it's a great step.

    Posted: 27 Mar 2018 06:53 AM PDT

    Why XRP will hit $100 as a minimum upon full adoption.

    Posted: 27 Mar 2018 08:06 PM PDT

    This is just my current analysis, do not, repeat, do not take it as investment advice, do your own research.

    Let's picture the scene in 3 years in which XRP is now dominating half of the FOREX payment volume, so around $2.5tn per day.

    Market makers and exchanges decide the price based upon buy/sell orders. To the bank or payment processor it doesn't matter what the price of XRP is, as long as there is enough liquidity to perform their transactions. xRapid executes the buy order at the start, and then places a buy order at the destination at current market rates, puts them both in to escrow to secure, then settles it for both parties, all in 1 second.

    You're a market maker, a retail investor, you have XRP and are on an exchange with your XRP, and set a level at which you want to sell your XRP. This is where the banks and payment processors source their liquidity.

    As things stand right now there's about $300,000,000 volume per day on the XRP ledger. You have to place your buy/sell orders in accordance with the volume of trade taking place. Volume = demand. If there is no volume, it means there isn't much demand at the current price. So we can see that volume dictates the price. You have to lower your price to be attractive to buyers.

    Now, in this fictitious 3 years time you've instead got a guaranteed daily volume in the trillions of dollars, no matter what the price of XRP is as the buyers don't care, you've got guaranteed buyers. Everyone decides to place their sell orders at 2x the current price because they absolutely know that it will be bought, as the buyer doesn't care what the price is, as long as they can conduct their transaction.

    So what mechanism is there in place to prevent the market deciding that 0.0000000001XRP is worth $1bn? Volume and demand. If too many people place high buy/sell orders then the ability to sell them is reduced because there isn't enough volume to support every coin available selling at such a high level, so the price retreats to a stable level where every buyer or seller is virtually guaranteed to buy/sell based on the volume available, spread amongst the market makers.

    So, the hard math. 100bn XRP divided by $5tn volume = $50 per coin, and assuming every coin is in the circulating supply, at half FOREX current daily trade volume. We can assume this as a minimum at 50% adoption, but that does not take in to account XRP in offline wallets, whales, and not in the liquid supply. If we assume full adoption of FOREX, then we can double that to $100 before taking in to account offline XRP, HODLers, etc.

    This also excludes other use cases such as domestic payments. Cobalt will be faster, cheaper and more reliable than VISA's current payment volume in domestic markets, so there are inroads there for XRP too, assuming VISA don't attempt to clone the format.

    So, in my opinion, at full adoption, $100 per XRP will ultimately be the lowest value of XRP.

    Taking in to account offline wallets, speculative investments, other use cases, coin burn, fomo etc, I think it's then going to be up to investors when to decide to cash out as it's going to push it up further, but far too many variables to even begin to understand this early in the game.

    I don't see $1000+ per XRP as being impossible, but I do think expectations at that level are extremely risky if you're planning that point as your exit strategy. If your exit strategy is $100 I think it's a safe bet, anything above that will be up to investors to decide when to pull it out, because if everyone pulls out at the same time the volatility might kick in just as it has with BTC in recent weeks.

    On a personal note I'm fully bullish for $100+, and again this is just my personal analysis. Anything can happen, regulation might kill it, hacks might screw with it, another global recession might be around the corner, expensive natural disasters, you get the idea. HODL.

    submitted by /u/xanhugh
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    Ripple Charts

    Posted: 27 Mar 2018 03:38 PM PDT

    @Ripple: Marjan Delatinne, Ripple's global head of banking, spoke at the UK @WomeninPayments symposium #WIPsymposium last week and discussed how inter-operable #blockchain technology will help global payments infrastructure go digital https://t.co/DdbGiXwDrd

    Posted: 27 Mar 2018 12:02 PM PDT

    SWIFT GPI - a potential new Trillion $ market for Ripple?

    Posted: 27 Mar 2018 08:40 AM PDT

    There's an interesting duscussion on XRPChat today on whether Ripple has the stuff to successfully compete with the SWIFT GPI product (btw, nothing to do with the SWIFT blockchain) based on this GTNews article published yesterday(an online FI newsletter). Currently, Ripple is focusing on the $600 Billion/yr remittance market, which is significantly smaller than the SWIFT GPI $100 Billion A DAY market. Should Ripple try to compete with SWIFT for their GPI customers, or keep focusing on the much smaller remittance market? Or, could they do both? Would Ripple's alternative to SWIFT GPI use XRP or just xCurrent? What would Ripple's competitive advantages be?

    submitted by /u/norsk45
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    Overstock doesn't accept XRP through their Shapeshift partnership.

    Posted: 27 Mar 2018 11:17 AM PDT

    Title pretty much says it all, even spoke to a customer support agent. They claim to work with all major alt coins yet XRP doesn't make the list somehow. Rep didn't know why but kept pushing other alt coins on me and clearly wasn't understanding that if I had another alt coin to spend I wouldn't be reaching out to support.

    Just thought some of you might be curious. There is one possibility I can think of that might have been a roadblock and that's bitlicense. I'm in a BL state and without a VPN I'm locked out of using shapeshift however, the other coin options were available to me that shapeshift has to offer so I ruled that out but can't confirm.

    submitted by /u/toieo83
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    The video of Stephen Colbert talking about Ripple and their donation to Donors Choose.

    Posted: 27 Mar 2018 09:42 PM PDT

    Social experiment. What if you receive a salary in cryptocurrency?

    Posted: 27 Mar 2018 11:06 AM PDT

    Is importing paper wallet to Ledger nano possible?

    Posted: 27 Mar 2018 08:40 AM PDT

    Before I buy this device, I would like to know if I will be able to import my existing paper wallet to Ledger Nano using my secret key?

    I wouldn't unnecessarily want to be forced to activate yet another wallet on the Nano with 20 XRP.

    submitted by /u/fatetrader
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    https://cryptodescriptor.info - Short and Easy Descriptions of Alt-Coins and Cryptocurrencies!

    Posted: 27 Mar 2018 06:37 AM PDT

    I have created a website to make it quick and easy to find information about any particular Alt-Coin or Cryptocurrency.

    Crypto Descriptor has a simple search box where you can enter the name (or ticker) of any coin or token you want to find more information about. It makes life much easier for people wanting concise, to-the-point, readily-available descriptions without going through the hastle of clicking on multiple google links and skimming through complicated, bloated explanations.

    Currently, Crypto Descriptor has info for the top-200 coins on coinmarketcap.com (excluding some new additions) but we are constantly striving to learn, understand, and display information in a noob-friendly, easily-accessible fashion.

    https://cryptodescriptor.info/

    submitted by /u/cryptodescriptor
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    Those here for gains over tech, why did you choose Ripple?

    Posted: 27 Mar 2018 05:17 AM PDT

    I don't know if it's purely because of the downward spiral in price, but the amount of posters here admitting they only bought because of potential gains and did not really care for the technology seems to have skyrocketed recently.

    To those that couldn't care less, what made ripple stand out to you? You could have invested in a hundred other cryptos, or thrown the money and leveraged at a low cap stock. Was it purely based on hype?

    submitted by /u/AnimeCiety
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    Crypto Jobs Are Available As Markets Tank (BTC, ETH, XRP, LTC)

    Posted: 27 Mar 2018 04:25 AM PDT
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