Ripple Daily Ripple/XRP Discussion Thread 11/06/18 [Questions and Price Predictions]

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Daily Ripple/XRP Discussion Thread 11/06/18 [Questions and Price Predictions] Posted: 05 Nov 2018 08:06 PM PST Hello! It's Tuesday. Welcome to our daily discussion thread. You can discuss anything related to Ripple and XRP here. Before posting, read the r/Ripple rules on the sidebar and also check out the thread containing helpful links: https://redd.it/7l94ng If you see any rule-breaking content, please report it. Here's a list of social channels: Telegram Discord, and some features in our Discord: Tweets from ripple official, staff, community contributors and many more; Multi-language chat rooms for Ripple supporters all over the world The invitation link - https://discord.gg/qgfVERN We use public mod logs to ensure transparency in the subbreddit. If you have been suspended or banned due to a rule violation, you may appeal the penalty by contacting the moderator team modmail or PM u/Bonkill submitted by /u/AutoModerator [link] [comments]

Question about XRP and Burn Ratio Posted: 05 Nov 2018 03:02 PM PST Hello, i have a question about token burn of XRP. The token burn is very low (0,00...012 XRP or something like that). But this ratio could be changed by the users, couldn't it ? So do you think the banks could volontary increase the burn ratio of XRP to increase its price ? For example, Bank A perform a financial transfert, it buys 10 XRP at 7655 sat to Bank B. Bank B place a sell order to 7700 sat and burn the equivalent of 450 sat in XRP, nothing change for the bank but the number of XRP in circulation could decrease more than with just the standard burn rate. The value or XRP will increase and the banks that hold big amounts of XRP will win more and more money...I think that could be possible because i see another crypto project less known using that strategy, their market is smaller (car industry) but if banks use this strategy, it could be awesome for all XRP holders.Banks wants to make money, so i doubt that they don't have think to this idea, what do you think ? submitted by /u/Mr_Piwi [link] [comments]

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